text
stringlengths 102
99.6k
| url
stringlengths 31
426
| crawl_date
timestamp[us, tz=UTC]date 2022-04-01 00:29:49
2022-09-19 04:34:15
|
|---|---|---|
AUSTIN, Texas, June 15, 2022 /PRNewswire/ -- iRoc (Intergalactic Royalty Operations Corporation) Space Radio is iHeart Radio's number one (#1) station for the latest in space news, culture and entertainment. With a world-wide listenership and fan gear requests spanning from India to Europe to North America, iRoc Space Radio curates its space-themed music playlist for an international audience. iRoc Space Radio entertains its earthling listeners with broadcasts centered around playing space themed music hits and interviewing the aerospace industry's tastemakers and icons. In addition, iRoc Space Radio specializes in the licensing of entertainment content above the Karman Line.
iRoc Space Radio News Anchor, and Harvard graduate, Ashley 1st (Furst) created "Top 10 Questions with the Top Guns in our Space Industry" to feature "today's movers and shakers launching us into tomorrow's new horizons." The documentary series is a tight five minute telescopic view as 'Ashley 1st gives you A1st look' into the space industry's who's who- from Forbes 30 Under 30 List lodestars to Rocket Launch Managers, CEOs and now NASA's Top Guns. From NASA Astronaut Scott Kelly to NASA Director of Strategic Partnership Karen Bradford at the Ames Research Center. iRoc Space Radio's anchor Ashley 1st cuts to the chase with said NASA Top Guns from inquiries such as "What's the biggest difference between the USA and Russia on launch day as an astronaut that's flown in rockets from both?" to "How have you seen the aerospace employee landscape change during your 20 years as a leading aerospace figure, woman, and person of color?"
When asked what inspires or qualifies a question to be asked in this NPR meets five minute hot seat format with no time to waste- iRoc Space Radio Anchor and Executive Producer Ashley 1st replied, "I dive into a deep due diligence such that I don't ask FAQ's the guest has already dealt with, thus I ask about unique experiences that give our listeners a first-hand account of what it's like to be in that NASA Top Gun's shoes for a day. It's a docu-series that everyone can be enthralled by, whether you're a launch code writer or space enthusiast / student."
When asked what are some highlights that come with spotlighting NASA's Top Guns, iRoc Space Radio's Ashley 1st replied, "Seeing NASA Top Guns do extraordinary things that bolster all human kind- from Astronaut Scott Kelly chasing other astronauts aboard the ISS in his gorilla costume to boost morale and teaching children about space on youtube, to the inspiring call to action NASA Director Karen Bradford gives during her special extended interview to all the youth listening to cull more diverse applicants vis a vis the youth outreach centers she's helped to build. It's amazing to see how much NASA's top guns care about engaging the next generation. I think the greatest missiles any nation can launch are the minds of the next generation."
"Top 10 Questions with the Top Guns in our Space Industry" airs on iHeart Radio's number one (#1) Space Station- iRoc Space Radio- on Mondays, Wednesdays and Fridays at 7AM and 7PM Pacific Time. One can access it by simply telling Alexa / Siri / Google, "Play iRoc Space Radio!"
Ashley 1st also serves up all major news headlines in under four minutes in a weekly broadcast that gives you "A 1st look at space news" with a rock'nroll twist depending on the David Bowie, or Pitbull or Beastie Boys song that is spliced in to break the space news story. That airs seven times a day, also on: https://www.iheart.com/live/iroc-space-radio-8834/
View original content to download multimedia:
SOURCE Intergalactic Royalty Operations Corporation
|
https://www.wibw.com/prnewswire/2022/06/15/iroc-space-radio-news-anchor-ashley-furst-lands-nasa-top-gun-interviews/
| 2022-06-15T10:38:38Z
|
Did you lose money on investments in Tupperware Brands? If so, please visit Tupperware Brands Corporation Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, June 24, 2022 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the securities of Tupperware Brands Corporation ("Tupperware" or the "Company") (NYSE: TUP) between November 3, 2021 and May 3, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Southern District of New York and alleges violations of the Securities Exchange Act of 1934.
Tupperware operates as a consumer products company worldwide. The Company manufactures, markets, and sells design-centric preparation, storage, and serving solutions for the kitchen and home, as well as a line of cookware, knives, microwave products, microfiber textiles, water-filtration related items, and an array of products for on-the-go consumers under the Tupperware brand name.
Plaintiff alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants allegedly made false and/or misleading statements and/or failed to disclose that: (i) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware's full year 2022 guidance was unrealistic and/or unsustainable; and (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware's financial condition.
On May 4, 2022, Tupperware announced its financial results for the first quarter of 2022. Among other items, Tupperware reported adjusted earnings per share from continuing operations and net sales that fell well short of consensus estimates, withdrew its full year 2022 guidance, and named a new Chief Financial Officer. The Company attributed the poor performance to the conflict in Russia and Ukraine. However, when pressed by analysts on a conference call, the Company acknowledged that Russia and Ukraine only accounted for 2% of its revenue.
On this news, the Company's stock price fell $5.76 per share, or over 32%, to close at $12.15 per share on May 4, 2022.
If you wish to serve as lead plaintiff, you must move the Court no later than August 15, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased or acquired TUP securities, and/or would like to discuss your legal rights and options please visit Tupperware Brands Corporation Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
View original content to download multimedia:
SOURCE Bernstein Liebhard LLP
|
https://www.wibw.com/prnewswire/2022/06/24/tupperware-brands-corporation-nyse-tup-shareholder-class-action-alert-bernstein-liebhard-llp-reminds-investors-deadline-file-lead-plaintiff-motion-securities-class-action-lawsuit-against-tupperware-brands-corporation-nyse-tup/
| 2022-06-25T00:33:56Z
|
Core 22 R3 release includes updates to ServiceBoard, Zinc, Go, and DataGuide to help customers capitalize on greater value driven by an end-to-end ServiceMax solution.
PLEASANTON, Calif., Aug. 11, 2022 /PRNewswire/ -- ServiceMax, a leader in asset-centric field service management, today announced the continued expansion of ServiceMax Core by adding new features that can drive better customer field service management performance, revenue, and margin growth. These enhancements benefit not only dispatchers, field technicians, planners, and administrators, but also a growing scope of roles associated with expanding revenues, driving customer value, and improving operating margins.
"Manufacturers are recognizing a need to get closer to their customers and establish value beyond the initial equipment or product sale. … Manufacturers are establishing new relationships with the end customer, consumer, and operator to provide additional services to help maximize the value of the product or equipment, ensuring these customers can improve their respective productivity and operations," IDC, Digital Manufacturing Summit 2022: Disruptions Accelerate Service Transformation IDC #US49458722, Aly Pinder, July 2022.
Collaboration across disciplines is increasingly required to ensure critical assets stay up and running. As manufacturers move toward Equipment-as-a-Service business models, they need better ways to manage operations beyond their four walls. The recent product enhancements that are now part of ServiceMax Core 22 R3 address these needs by providing greater synchronization of dispatching schedules as well as improved collaboration across multiple personas in the asset and service lifecycle that the ServiceMax mobile apps, Engage, Go and Zinc, are able to connect.
"More involvement by different roles is increasingly critical across the field service landscape to ensure services are delivered right the first time, and are done so effectively and efficiently for end-user customers," said Sumair Dutta, Vice President of product marketing, ServiceMax. "Providing the ability for all stakeholders to access resources, communicate about projects, and glean insights from those projects via one platform means assets are better maintained, manufacturers can plan ahead and better innovate, and end-users have a better overall experience. We're excited to continue delivering new features and services for our customers through the industry's most comprehensive field service management platform."
A major emphasis for the ServiceMax Core 22 R3 release is the tighter connection between the Zinc collaboration platform and ServiceMax's premier Scheduling solution Service Board. As part of ServiceMax's ongoing push for its solutions to work 'Better Together' to deliver incremental value, dispatchers and technicians now have an improved way to:
- Collaborate on events and changes associated with a work order
- Exchange content and messages specific to their work order
- Share route plans and relevant changes
These Better Together enhancements follow similar improvements made between ServiceMax Go, Zinc, and the ServiceMax Engage mobile applications in past releases.
ServiceMax's mission is to help customers keep the world running with asset-centric field service management software. As a recognized leader in this space, ServiceMax's mobile apps and cloud-based software provide a complete view of assets to field service teams. By optimizing field service operations, customers across all industries can better manage the complexities of service, support faster growth, and run more profitable, outcome-centric businesses. For more information, visit: www.servicemax.com.
View original content to download multimedia:
SOURCE ServiceMax
|
https://www.mysuncoast.com/prnewswire/2022/08/11/servicemax-adds-new-mobile-communication-data-capture-capabilities-flagship-field-service-management-platform/
| 2022-08-11T14:28:36Z
|
LOS ANGELES, July 18, 2022 /PRNewswire/ -- Discovery Behavioral Health, Inc., an expanding network of evidence-based mental health, substance use and eating disorder treatment centers, has acquired Anew Era TMS & Psychiatry, with six TMS centers in California and six in Texas.
The acquisition is part of a continued expansion initiative of Discovery MD, Discovery's Professional Psychiatric Services Division, which offers outpatient treatment in TMS (Transcranial Magnetic Stimulation), Ketamine, Medicated-Assisted Treatment (MAT) for Addiction, medication management, assessment, and referral services.
Discovery President & CEO John Peloquin states, "We are pleased to welcome the team at Anew into the Discovery family. This addition builds on our strategic mission to create a fully integrative care model, with multiple treatment models, both conventional and innovative, available through one access point. A 2022 Harris Poll report revealed that a third of Americans believe it is harder to find a mental health care provider than it is to find a physical health care provider[i]. We are removing those barriers by expanding outpatient and telehealth services in psychiatry and addiction medicine which includes TMS treatment. When people can access a wide range of behavioral health services based on their needs and preferences, they have a greater chance to live happier, more rewarding lives, and that's why we're here."
Everyone deserves a happy, rewarding life. That's why Discovery Behavioral Health has made evidence-based, outcome driven healthcare accessible and affordable since inception. With a full continuum of care – detoxification, medical residences, residential treatment centers, partial hospitalization, intensive outpatient, outpatient, psychiatric and addiction medicine, TMS, virtual and telehealth services, we can offer the right care at the right time for adults or teens struggling with mental health, substance use or eating disorders. We are a contracted provider with 100 payers and other managed care organizations. Our portfolio of more than 145 treatment centers includes service lines in successful operation since 1985. When treatment is complete, our patients become part of Discovery's growing family of alumni, connected through free aftercare programs, support groups, activities, and a caring community. Because when quality behavioral healthcare is within reach, so is happiness.
Press Contact:
Greg Ptacek
Communications
Discovery Behavioral Health, Inc.
gregptacek@me.com
323-841-8002 mobile
View original content to download multimedia:
SOURCE Discovery Behavioral Health
|
https://www.mysuncoast.com/prnewswire/2022/07/18/discovery-behavioral-health-acquires-anew-era-tms-amp-psychiatry-with-12-locations-california-texas/
| 2022-07-18T19:10:32Z
|
Cosby lawyer urges jurors to consider only proof from trial
SANTA MONICA, Calif. (AP) - A lawyer for Bill Cosby told jurors they need to look past years of public accusations against the actor and comedian and consider only the evidence presented by a woman who says he sexually abused her at the Playboy Mansion in 1975 when she was 16 years old.
During closing arguments at a California civil trial Tuesday that would devolve into bizarre bickering over the video game Donkey Kong, Cosby attorney Jennifer Bonjean said plaintiff Judy Huth and her lawyers didn’t come close to proving “her 50-year-old, he-said-she-said case.”
“Can you imagine how hard it is to defend a case when you start with the label of sexual predator?” Bonjean told the jurors, reminding them they were chosen because they promised they would be able to consider only the facts presented in court. “If we were just going to try people based on labels, then why have trials at all?”
Huth’s attorney Nathan Goldberg told the jury that “my client deserves to have Mr. Cosby held accountable for what he did.”
“Each of you knows in your heart that Mr. Cosby sexually assaulted Miss Huff,” Goldberg said.
Cosby, who was freed from prison when his Pennsylvania criminal conviction was thrown out nearly a year ago, is not attending the trial. He denied that any sexual activity took place between himself and Huth in a 2015 video deposition shown to jurors. The denial has been repeated throughout the trial by his spokesman and his attorney.
Bonjean began the defense’s closing argument by thanking jurors and then telling them, “All I have to say is, it’s on like Donkey Kong,” a callback to what both sides during the trial called " The Donkey Kong defense.”
Huth testified that Cosby exposed himself and forced her to perform a sex act in a bedroom adjacent to a game room at the mansion, where Cosby had brought Huth and her then-17-year-old friend Donna Samuelson, a key witness at trial.
In previous depositions and police interviews, the women discussed Samuelson in 1975 playing Donkey Kong, a game Nintendo didn’t release into arcades until 1981.
Goldberg told jurors in his closing that Samuelson had said “games like Donkey Kong” in her first reference to it during the deposition. She gave a similar explanation during trial testimony.
But Bonjean said it was clear evidence of a pattern of Samuelson and Huth coordinating their stories despite testifying that they had barely talked in the decades since.
“They both get things wrong in the exact same way,” Bonjean said.
At the end of her closing argument, Bonjean said, “This was in some ways the Donkey Kong defense, and it’s going to end as it should. Game over.”
Goldberg reacted angrily during his rebuttal.
“This is about justice!” he shouted, pounding on the podium. “We don’t need game over! We need justice!”
Soon after, he snapped at Bonjean when she raised one of many objections, saying she doesn’t think the rules apply to her.
“This is about me now?” She said. “Are you going to put my picture up there?”
“I would put your picture up and put ‘game over’ on it,” Goldberg said.
Similar bickering occurred between the two throughout the trial, and had boiled over earlier Wednesday when Goldberg said a defense expert was “a nice lady, with a nice smile,” implying she had little else to offer in the case.
In an earlier, calmer, moment, Goldberg told jurors that Cosby had every reason to believe the two girls were under 18 when he met them at a Southern California park and invited them to meet up with him a few days later. Huth testified that they had told him. Samuelson said she did not remember specifically giving their ages, but said they would have told him if it came up.
Bonjean said jurors could not reasonably believe Cosby knew as much, and put pictures on the screen of the girls from around the same time.
“These were young women who did not present as children or even young teenagers,” Bonjean said.
She added that the women’s testimony that no one at the mansion asked their ages after Cosby left them alone there showed as much.
“They looked like a lot of the other young women at the Playboy Mansion.”
After a judge reads them their instructions on Thursday morning, jurors will have to decide on the truth of Huth’s allegations, and whether Cosby’s actions caused her emotional distress that reemerged in 2014 and lasted until 2018 when he went to prison, as Huth’s lawsuit says he did.
Huth’s case represents one of the last remaining legal claims against the 85-year-old comedian and actor once regarded as “America’s dad” after the removal of his Pennsylvania conviction and the settlement of many other lawsuits, negotiated by his insurer against his will.
The Associated Press does not normally name people who say they have been sexually abused, unless they come forward publicly, as Huth has.
___
Follow AP Entertainment Writer Andrew Dalton on Twitter: https://twitter.com/andyjamesdalton
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.mysuncoast.com/2022/06/16/cosby-lawyer-urges-jurors-consider-only-proof-trial/
| 2022-06-16T05:55:27Z
|
Sheriff: Highway traffic stop yields arrest, trailer hauling illegal narcotics
By WALA Staff
Click here for updates on this story
BALDWIN COUNTY, Alabama (WALA) — A traffic violation stop along Interstate 65 in Baldwin County on Wednesday resulted in an arrest and the confiscation of a trailer hauling illegal narcotics, according to the Baldwin County Sheriff’s Office.
The agency said a deputy assigned to the special operations unit of the BCSO stopped a Georgia-plated pickup truck pulling an enclosed trailer. The stop was for a traffic violation and occurred on I-65 northbound near the 34 mile marker.
During the stop, according to the BCSO, the deputy became suspicious that the suspect may be trafficking in illegal narcotics. A search of the trailer revealed approximately 50 pounds of high-grade marijuana, 25 pounds of various THC candies, cereals, edibles and over eight pounds of fentanyl, the BCSO said.
The suspect, 52-year-old Howard Grant of Snellville, Ga., stated he was headed to the Atlanta area and then to Pennsylvania, according to investigators.
Grant is currently in the Baldwin County Corrections Center on no bond. He is charged with two counts of drug trafficking.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.
|
https://localnews8.com/cnn-regional/2022/04/02/sheriff-highway-traffic-stop-yields-arrest-trailer-hauling-illegal-narcotics/
| 2022-04-02T19:09:42Z
|
Second-Annual Event Brings Together Tech Startups, Investors and Entrepreneurs to Build a Better Tomorrow
SAN FRANCISCO, Aug. 15, 2022 /PRNewswire/ -- LG Electronics has announced its 2022 LG NOVA Innovation Festival, a two-day in-person event that brings together startups, industry experts, investors, mentors and influencers to facilitate collaborative conversations on innovating for the future. The highly anticipated, second-annual event is spearheaded by LG NOVA, the Silicon Valley-based LG North American innovation center whose mission is to find innovative, future-impacting startups and entrepreneur communities to build, nurture and help them grow.
Taking place Sept. 7-8 in the greater San Francisco area, the event will provide learning, mentoring and discussion opportunities covering Digital Health, Metaverse/Gaming, Smart Living/Home, ESG and Open Innovation. The Innovation Festival will engage attendees in thought-provoking keynotes, deep discussions, workshops and interactive activities on these key areas of technology that impact our daily lives. Highlights will include a startup pitch competition, expert panels and dedicated networking hours.
The event headlines two inspirational innovators as keynote speakers – Marc Tarpenning, Venture Partner at Spero Ventures, Co-founder of Tesla and Dr. Mary Lou Jepsen, Founder of OpenWater, and previously Co-Founder & CTO of the One Laptop per Child.
With his fellow co-founder, Tarpenning completely revolutionized the automotive industry with the launch of Tesla Motors in 2003. At the Innovation Festival, Tarpenning will speak on his experiences from Tesla and NuvoMedia – a company that pioneered ebooks which sold to Gemstar/TV Guide in 2000.
Named one of the 100 most influential people in the world by Time Magazine and CNN's Top Thinkers in Science and Technology, Dr. Mary Lou Jepsen is a pioneer in imaging, display and computer hardware. Currently, she is taking on brain cancer and other neurological diseases with OpenWater working on fMRI-type imaging of the body using holographic and infrared technologies. Dr. Jepsen will share her inspirational story and approach to thinking innovatively.
"Our goal for the festival is for attendees to connect with LG, corporate and industry experts, accelerators, entrepreneurs and others in the startup ecosystem to discuss challenges in the market and new areas of innovation focused on building a positive, sustainable future for us all," said LG Electronics Senior Vice President of Innovation Dr. Sokwoo Rhee, and head of LG's North American Innovation Center, LG NOVA. "The important conversations that will be discussed at our event reflect our NOVA mission and principle of outside-in collaboration."
Coinciding with the announcement of winners in LG's first annual Mission for the Future startup challenge and the launch of the second LG partner search, attendees at the event will be able to connect with the LG NOVA Entrepreneur-in-Residence team to get the inside track on the upcoming Mission for the Future 2022. This year's submission process opens on Sept.1, 2022.
Registration for the Innovation Festival is open now through Aug. 31; details along with the full event schedule and speaker roster can be found on LG NOVA's website here.
About LG NOVA
LG NOVA, the North American Innovation Center for global innovation leader LG Electronics, is a team focused on bringing innovation from the outside to LG. LG NOVA is based in Santa Clara, Calif. The center's mission is to build, nurture and grow innovations that impact the future. Learn more about LG NOVA at www.lgnova.com.
About LG Electronics USA
LG Electronics USA, Inc., based in Englewood Cliffs, N.J., is the North American subsidiary of LG Electronics, Inc., a $63 billion global innovator in technology and manufacturing. In the United States, LG sells a wide range of innovative home appliances, home entertainment products, commercial displays, air conditioning systems, energy solutions and vehicle components. LG is 2022 ENERGY STAR® Partner of the Year-Sustained Excellence. The company's commitment to environmental sustainability and its "Life's Good" marketing theme encompass how LG is dedicated to people's happiness by exceeding expectations today and tomorrow. www.LG.com.
Media Contacts:
LG Electronics
Linda Quach
+1 408 903 3045
linda.quach@lge.com
Madison Miranda
+1 714 609 0828
madison.miranda@ogilvy.com
View original content to download multimedia:
SOURCE LG Electronics USA
|
https://www.kxii.com/prnewswire/2022/08/15/lg-nova-innovation-festival-spur-collaboration-inspire-change/
| 2022-08-15T16:48:03Z
|
PALO ALTO, Calif., July 26, 2022 /PRNewswire/ -- tonies®, the leading musical storytelling box and The Roald Dahl Story Company are partnering for the first time to bring three iconic stories to life in a new way, which are set to enchant young listeners.
The launch of The Witches, Matilda, and James and the Giant Peach mark the beginning of an exciting collaboration, with additional titles to be released next year.
Kicking off the partnership is the spine-chilling tale, The Witches, narrated by actress and comedian Lolly Adefope. Find out what happens when a small boy and his Norwegian grandmother take on the Grand High Witch in an attempt to thwart her wicked plans for children everywhere.
Make way for Matilda, as Oscar-winning actress Kate Winslet shares one of Dahl's most loved stories. Can Matilda overcome her neglectful parents and her tyrannical headmistress, Miss Trunchbull?
To complete the hat-trick, the magical story of James and the Giant Peach, narrated by comedian James Acaster arrives just in time for Christmas, taking little ones on a fantastical adventure they'll never forget.
Packed with hilarity, magic, and just desserts, this trio of popular children's stories is the perfect introduction for little listeners to the wondrous worlds of Roald Dahl, in Tonie form.
- Matilda – pre-order July 26, launching July 28
Matilda is a magical story about a remarkable child who overcomes adversity in the shape of her neglectful and grotesque parents and her tyrannical headmistress, Miss Trunchbull. Matilda soon discovers that she has a very special power, a power she can use to triumph over her parents and teach the horrible Miss Trunchbull a lesson she will never forget, all while changing the course of her own story forever…
- The Witches – launching September
BEWARE. There are witches everywhere. And witches absolutely detest children. To a witch, a child smells like dogs' droppings, and the Grand High Witch has a plan to get rid of every child in England…
When a boy and his Norwegian grandmother find themselves at the same hotel as the Grand High Witch and her coven, they must do everything in their power to foil the witches' evil plans to turn every child in the world into a mouse. Before they are both frizzled like fritters, can one boy and his grandmother stop them?
- James and the Giant Peach – launching January
After his parents die in a rhinoceros accident, young orphan James Henry Trotter is forced to live with his two beastly aunts, Aunt Sponge and Aunt Spiker. James is sad and lonely, with not one friend in the whole world, until one day, at the end of the garden, a peach begins to grow and grow and grow. Curious, James soon finds himself inside the giant peach where he meets a bunch of friendly insects waiting to take him on a magical adventure.
Liz Peters, Head of Portfolio UK & IE at tonies® says: "We are so delighted to welcome some of the world's best loved Roald Dahl stories into our tonies® portfolio and can't wait to introduce these stories to a new generation of tonies® listeners!
Our commitment to engaging young readers by introducing them to brilliant stories that nurture the imagination continues with the launch of this special partnership."
Laura Antonacci, Director of Content, tonies® USA: "From the day I started at tonies® I knew that I wanted to add Roald Dahl and his classic storytelling to our portfolio. Introducing these wonderful and entertaining stories to little listeners in such a fun and engaging way has been an absolute delight. We are looking forward to adding more popular Roald Dahl titles over the next few years."
Matilda is available from selected toy retailers, bookshops and via the tonies® website www.tonies.com, RRP $14.99.
Now, more than ever before, parents are searching for screen-free ways to entertain, educate and inspire their children. The interactive Toniebox and its wide range of appealing content will spark imagination and instil a love for storytelling, fact-finding and books in even the youngest of listeners.
There are two types of Tonies available:
- Content Tonies include both classic and contemporary tales and popular bedtime songs. 'How and Why' Tonies allow children to bring the magic of learning to life, with educational audio content exploring the world of horses, dinosaurs, astronauts, whales and more.
- Creative-Tonies play recorded or pre-downloaded content which can be uploaded via the Toniecloud or the free Tonie-App. Perfect for when kids want to listen to something a little bit more personal. tonies® release free content for download every month.
The Tonies and Toniebox operate through a wireless digital system that connects to an NFC chip within each Tonie using Wi-Fi. Each Tonie is beautifully hand-painted, making them desirable and collectible for kids.
Toniebox RRP $99.99, Tonies RRP $14.99, Creative-Tonies RRP $11.99
Key product details:
- Suitable for children 3+
- Sewn from sustainable, quality fabric
- Portable (seven-hour battery life)
- Can be used with headphones
- Available in multiple colours
- Re-chargeable
- Robust
- Screen-free
Notes to Editors:
tonies® was launched in Düsseldorf Germany in 2016 by two fathers Patric Faßbender and Marcus Stahl who wanted to create a playful audio system aimed at changing the way children listen to stories and music. Since their launch, they have developed over 300 different Tonies and sold more than 3.5 million Tonieboxes and 44 million Tonies. On Black Friday in Germany last year, they were the third most searched-for brand.
The Roald Dahl Story Company protects and grows the cultural value of the Roald Dahl stories with its unique breadth of characters and worlds. With 300 million books sold and 1 new book sold every 2.6 seconds, Roald Dahl stories continue to grow in popularity globally, attracting new audiences with innovative new developments in book, entertainment and beyond. The Roald Dahl Story Company is committed to sharing the positive messages at the heart of all Roald Dahl stories - messages of the strength and possibility of young people and of the power of kindness.
View original content to download multimedia:
SOURCE tonies
|
https://www.mysuncoast.com/prnewswire/2022/07/26/tonies-announce-exciting-new-partnership-with-roald-dahl-story-company-with-launch-three-brilliant-adventures/
| 2022-07-26T13:29:26Z
|
NEW YORK, Aug. 10, 2022 /PRNewswire/ -- Greater Than One, a privately held agency focused on healthcare, announced that Mindy Telmer has been appointed Executive Creative Director, EVP. Mindy will be the creative voice of the agency, responsible for providing Greater Than One (www.greaterthanone.com) clients with strategic creative direction and oversight from inception through execution. Telmer will report directly to Matthew Howes, President of Greater Than One.
"My reason for coming to Greater Than One is what differentiates it from other agencies, its independence, diversity, and sense of community," said Telmer. "The Capability Convergence model intrigued me; it's what guides the agency's approach to working with clients and its vendor partners. The model is based on converging the three disciplines of the agency, media, creative, and technology. This infrastructure allows us to deliver customized business solutions designed for each individual client's needs."
Telmer has held top management positions in the creative departments of several of the healthcare industry's leading advertising agencies and has worked with many of the industry's most iconic brands, including Merck, Blue Shield of California, Biogen, Cetaphil, City MD/Summit Healthcare, and Pfizer.
Her work has received critical acclaim with distinctions that include the MM&M Awards, Rx Awards, International Product Marketing Gold, and a Clio Healthcare nomination.
"Mindy brings over 20 years of hard work, sweat and tears to the job. She's an exceptional talent who will bring both her leadership and creative capabilities to our roster of clients," said Bindhu Gopalan, Chief Client Officer of Greater Than One. "We believe her expertise will provide the agency's creative team with the tools they need to craft award winning and memorable creative ideas that sell products for our clients, and in turn improve patients' lives."
According to Howes, "Mindy has tirelessly dedicated her career to elevating health and wellness communications and has proven that she is a masterful writer who transforms data into memorable creative. We both share the belief that now is the most exciting time ever to be part of healthcare marketing."
In her spare time, she is involved with charitable organizations including Music Beats Cancer.org, a non-profit dedicated to changing how the war on cancer is fought and financed.
Founded in 2000 and included in the "Top 100 Agencies" by Medical Marketing & Media, Greater Than One is a full-experience marketing agency dedicated to healthcare, with specialized expertise in rare disease emerging science and technologies, care delivery, medical diagnostics and devices. Through the Capability Convergence ™ model, customers are met with better healthcare experiences through content, context and connections to influence behavior and better outcomes. The agency is privately held, and employee owned.
For more information, contact us at pressinquiries@greaterthanone.com or visit us at www.greaterthanone.com.
View original content to download multimedia:
SOURCE Greater Than One
|
https://www.wibw.com/prnewswire/2022/08/10/greater-than-one-names-new-executive-creative-director/
| 2022-08-10T16:17:04Z
|
NEW YORK (AP) — Aaron Judge homered for the fourth straight game, hitting No. 55 of the year in Wednesday’s doubleheader opener against Minnesota to set the New York Yankees’ season record for right-handed hitters.
Louie Varland, a 24-year-old right-hander making his big league debut, allowed just one hit before Judge lined a 2-1 changeup 374 feet into the left-field seats in the fourth inning.
Judge surpassed the 54 homers hit by Alex Rodriguez in 2007. The Yankees’ season record of 61 was set by Roger Maris in 1961, one more than Babe Ruth’s season high of 60 in 1927.
Judge is one short of his career best of five straight games with home runs, set from July 29 to Aug. 2. He leads the major leagues in home runs and with 118 RBIs.
He has six homers in his last eight games and seven in his last 11.
Judge’s home run was his 114th at new Yankee Stadium, one more than Mark Teixeira’s previous record for the ballpark, which opened in 2009.
Only two players have hit more homers through a team’s first 136 games: the Chicago Cubs’ Sammy Sosa had 58 in 1999 and San Francisco’s Barry Bonds hit 57 in 2001.
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP—
|
https://cw33.com/sports/ap-sports/ap-judge-hits-55th-homer-yanks-mark-for-right-handed-hitters/
| 2022-09-08T17:06:26Z
|
Online and in-person public voting begins as metro Detroit small businesses go head-to-head for $100,000 grand prize from Comerica Bank
DETROIT, June 16, 2022 /PRNewswire/ -- The wait is over! The Comerica Hatch Detroit Contest powered by TechTown, which has launched some of Detroit's most popular neighborhood storefronts, has officially named its top 10 semifinalists. These businesses have the opportunity to make their dream of owning a brick-and-mortar Detroit, Hamtramck or Highland Park storefront a reality by winning $100,000 in startup funds from Comerica Bank, as well as a package of accounting, legal, IT and public relations support from Hatch Detroit and its partners.
With the semifinalists officially named, it's now time for the public to share their voice and vote for which business they would like to see pop up in their neighborhood. The public can vote once per day for their favorite business from June 17 at 12:00 a.m. until June 23 at 11:59 p.m. by visiting www.hatchdetroit.com/vote.
The four finalists of the 2022 Comerica Hatch Detroit Contest will be announced Friday, June 24, and the final round of public voting will follow before wrapping up on Thursday, June 30.
In addition to voting online, individuals may also cast their vote in person at any of the following locations:
- Tuesday June 21: Eastern Market Shed #2 (2518 Market St in Detroit) from 11 a.m. to 1 p.m.
- Wednesday, June 22: Norma G's (14628 E. Jefferson Avenue in Detroit) from 5:30 p.m. to 7:30 p.m.
- Thursday, June 23: Grandmont Rosedale Farmers Market (19566 M-5 in Detroit) from 4:30 p.m. to 6:30 p.m.
"One of the reasons this contest has been so successful is because of the level of support the business owners receive from their neighbors and how community driven it is," said Vittoria Katanski, executive director of Hatch Detroit. "Every vote they receive is someone saying, 'I want you in my neighborhood and will support you,' which is incredibly powerful. They not only get the public support from day one, they also have access to the technical assistance expertise of Hatch Detroit and the support of our partners at Comerica Bank and TechTown."
Together, Hatch Detroit alumni have opened 49 businesses, employ more than 500 people and have invested more than $7 million in their businesses. Over the years, the Comerica Hatch Detroit Contest has helped launch some of Detroit's most successful and well-known businesses, including, La Feria (2012), Sister Pie (2014), Live Cycle Delight (2015),Meta Physica Massage (2016), Baobab Fare (2017) and 27th Letter Books (2019).
Below are the top 10 businesses competing to win the 2022 Comerica Hatch Detroit Contest:
- COLFETARIE: a European dessert and pastry shop, specializing in Romanian desserts and pastries. Their goal is to bring together the cultures of Detroit and Romania, while offering a taste of Europe, right in the heart of Downtown Detroit, no passport needed!
- Craig's Coffee: a community coffee roastery and coffee bar that plans to roast and sell their own coffee, while also offering fellow roasters a place to roast and sell their own products. Additionally, the space will serve as a commissary kitchen, where food and drink businesses can use the kitchen for food prep, storage and service.
- Detroit Farm and Cider: a 4.9 acre commercial farm on Detroit's West side with plans to build a cider mill and offer youth day camps and horseback riding classes.
- Gajiza Dumplins: a dumpling shop that specializes in Asian style eats and handmade dumplings from scratch. The dumplings come in more than 30 flavors and range from traditional pork and shrimp Shumai to contemporary western style, including miso cheeseburger gyoza or goat cheese and leek. Their focus is based on Asian street food: fast and delicious.
- Jo's Gallery Cafe: a pan-ethnic fusion restaurant located in Detroit on the famous Livernois Avenue of Fashion and adjacent to Jo's Gallery, a 20-year-old art gallery in the second generation of ownership. The restaurant will serve food with identifiable African origins and influences of Asian, South American, Caribbean, Mediterranean, and American fusions.
- K. Walker Collective: a high-street, lifestyle clothing company seeking to fulfill the fashion needs of young urban professionals by offering an eclectic range of street, comfort and refined garments.
- Lily's & Elise: a luxury tea lounge on the Avenue of Fashion whose primary focus is in the premium service of European-style afternoon and high tea with fresh pastries and small plates to accompany orders.
- Little Liberia: an Afro fusion pop-up restaurant looking to find a permanent space to introduce Liberia's rich multicultural cuisines to the people of Metro Detroit. They serve authentic Liberian dishes, a cuisine whose heritage is a mixture of African, Caribbean, and Antebellum-South African American influences.
- Motor City House of Stone: a distributor of natural and engineered stone slabs in Southeast Michigan. Focused on providing character, stability, and grandeur back to the Detroit community, they carry a wide selection of Granite, Marble, Quartz, and other premium stone in their 10,000 square foot warehouse located in Detroit.
- Pong Detroit: a table tennis social club where players of all skill levels and abilities can come together to get some exercise and play a fun, safe Olympic sport. In addition to providing a space for competitive ping pong matches, Pong Detroit engages Detroit youth programs, provides accessible play for adaptive wheelchair table tennis and offers programs for seniors.
"Comerica Bank values the cultivation and support of our community's small businesses – we are proud to contribute to a passionate organization that uplifts and rewards driven entrepreneurs with big ideas and incubates economic development," said Linda Nosegbe, Comerica Bank Vice President and Southeast External Affairs Market Manager. "The Comerica Hatch Detroit Contest incentivizes innovation, creative thinking and originality that ultimately contributes towards Detroit's revitalization. We now look forward to this next big step where we see the excitement, reaction and support from our residents for the business concepts who have made it to this stage in the contest."
On July 21, the four finalists will have their opportunity to present their business pitch to a panel of judges, as well as a live audience, for a shot to win the grand prize at The Hatch Off competition. The winner of the 2022 Comerica Hatch Detroit Contest will be chosen through a combination of the public's vote and judges' deliberations.
Tickets are now available to witness the top four business pitches and see the winner of the Hatch Off competition crowned. The Hatch Off takes place on July 21 at 7 p.m., with doors opening at 6p.m., located at the Wayne State University Industry Innovation Center at 461 Burroughs Street in Detroit. To purchase your ticket to the Hatch Off, visit hatchdetroit.com/events.
Hatch Detroit supports both existing and new retail initiatives in the cities of Detroit, Highland Park and Hamtramck. Hatch Detroit was founded in 2011 to give residents and aspiring entrepreneurs an opportunity to have a voice in neighborhood retail development and joined TechTown Detroit's suite of entrepreneurial programs and services in 2022. Beyond the contest, Hatch Detroit provides funding, exposure and mentoring in support of its alumni entrepreneurs. With support from Hatch Detroit, 49 alumni have opened businesses. They employ over 500 people and have invested over $7 million in economic development. To learn more, visit hatchdetroit.com.
Comerica Bank, a subsidiary of Comerica Incorporated, has served Michigan longer than any other bank with a continuous presence dating back over 172 years to its Detroit founding in 1849. It is the largest bank employer in metro Detroit and over 4,500 employees (FTE) statewide. With one of the largest banking center networks in Michigan, Comerica nurtures lifelong relationships with unwavering integrity and financial prudence. Comerica positively impacts the lives of Michigan residents by helping customers be successful, providing financial support that assists hundreds of charitable organizations, and actively participating in Detroit's downtown revitalization. Comerica Incorporated (NYSE: CMA) is a financial services company strategically aligned by three business segments: The Commercial Bank, The Retail Bank, and Wealth Management. Follow on Facebook: www.facebook.com/Comerica, Twitter: @ComericaBank and Instagram: @comerica_bank.
TechTown is a nonprofit business service organization that provides programs, education and resources for early- to growth-stage small businesses and tech entrepreneurs. By building bridges for entrepreneurs to succeed, TechTown is accelerating an inclusive economy for Detroit and Southeast Michigan. Since 2007, TechTown has supported more than 4,700 companies, which has created thousands of jobs and raised more than $172.5 million in startup and growth capital. For more information, visit techtowndetroit.org.
View original content to download multimedia:
SOURCE Comerica Bank
|
https://www.mysuncoast.com/prnewswire/2022/06/16/2022-comerica-hatch-detroit-contest-reveals-top-10-semifinalists/
| 2022-06-17T00:50:16Z
|
Judge rejects Trump allies’ bid to dismiss defamation case bought by ex-Dominion executive falsely accused of election-rigging
By Tierney Sneed, CNN
A Colorado judge rejected a request by several allies of former President Donald Trump that she dismiss a defamation case they’re facing after hyping bogus 2020 election fraud claims.
The move Friday by District Judge Marie Avery Moses means that the defamation case will advance toward trial, opening the door to more extensive discovery that could shed light on the “big lie” narrative that propelled Trump’s bid to overturn the election.
The case was brought by Eric Coomer, a former Dominion Voting Systems executive, after several Trump allies falsely claimed that Coomer had been involved in a plot to rig the 2020 election.
On Friday, the Denver-based state court judge denied the requests by the defendants — including the Trump campaign, Trump-aligned lawyers Sidney Powell and Rudy Giuliani, and other prominent figures on the right — that the case be dismissed.
She said that based on the evidence submitted so far in the case, Coomer “will be able to present the following credible evidence to a jury which would be sufficient to meet the clear and convincing evidentiary standard in support” of his legal claims.
This is a breaking story and will be updated.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
|
https://localnews8.com/news/2022/05/13/judge-rejects-trump-allies-bid-to-dismiss-defamation-case-bought-by-ex-dominion-executive-falsely-accused-of-election-rigging/
| 2022-05-13T22:33:38Z
|
Guests can register for a drawing to win a James Avery gift card
KERRVILLE, Texas, June 15, 2022 /PRNewswire/ -- James Avery Artisan Jewelry, a family-owned jewelry retailer based in Texas, announces the opening of its new store in Stephenville at Washington Commons. The new store is located at 2675 W Washington St., Suite 100 in Stephenville, TX 76401.
"We're excited to open our first store in Stephenville at Washington Commons," says James Avery CEO John McCullough. "We hope this new location provides additional convenience for our existing Customers and allows us the opportunity to introduce our designs to new Customers in the Stephenville area."
The new store offers classic designs customers know and love, including keepsake charms, statement rings and faith-based jewelry to celebrate the special moments of life. Starting today, guests are invited to register for gift card drawings. During the grand opening celebration on Saturday, June 25, there will be drawings for 30 James Avery gift cards valued at $50, $100 or $500. Additionally, the first 100 guests will receive a gift with purchase.
Assistant Store Manager Valerie Simons and her team are ready to welcome customers to shop in the new store, use Curbside Pickup, or Buy Online, Pick-up in Store options at JamesAvery.com. Store hours are Monday through Saturday, 10 a.m. to 8 p.m. and Sunday, noon to 6 p.m.
About James Avery Artisan Jewelry®
James Avery is a vertically integrated, family-owned company located in the heart of the Texas Hill Country. We offer finely crafted jewelry designs for men and women in sterling silver, 14K and 18K gold, bronze and gemstones. James Avery jewelry is designed and crafted by our own skilled artisans in Kerrville, Comfort and Hondo, Texas, using the finest materials sourced worldwide. We are a multi-channel retailer with more than 100 James Avery stores in four states. Our jewelry is also available at JamesAvery.com, more than 220 Dillard's locations and on Dillards.com. You can also find our designs at airport stores in Austin, Houston and Nashville, as well as select Army and Air Force Exchange Service (AAFES) locations.
About the Drawings
Odds of winning depend on total number of entries received. Thirty James Avery gift cards will be awarded: twenty-four $50 gift cards, three $100 gift cards, and three $500 gift cards. Entries accepted June 15 through June 25. Hourly drawings on June 25 between 11 a.m. and 6 p.m. during the grand opening celebration at the Stephenville James Avery Artisan Jewelry store. No purchase necessary. Must be at least 13 years old to enter. Only one entry per person per day. Winners not eligible to win a subsequent gift card in the same promotion. Winners need not be present to win; however, if prize is not claimed within 14 days of drawing, prize will be awarded to an alternate winner. Associates and immediate family members not eligible for this gift promotion.
View original content to download multimedia:
SOURCE James Avery Artisan Jewelry
|
https://www.wibw.com/prnewswire/2022/06/15/james-avery-artisan-jewelry-now-open-stephenville/
| 2022-06-15T15:24:55Z
|
STAMFORD, Conn. and EDISON, N.J., August 15, 2022 /PRNewswire/ -- Fi-Tek LLC a leading FinTech company with leading technology in Wealth Management, Global Family Office, and Alternative Investment, welcomes Erik Forssman who is joining the Fi-Tek senior executive team as a Senior Managing Director to drive its business strategy & growth across its Global Family Office and Alternative Business units.
"We are extremely excited to have Erik on board - he brings extensive knowledge of hedge fund administration business, and we are looking forward to his leadership to grow our Global Family Office and Alternative Investments businesses powered by our proprietary technology – Rockit Command and HedgeTek – both of these are market leading solutions," said Subir Chatterjee, CEO of Fi-Tek.
While at Morgan Stanley, Forssman served on the Executive and Operational boards of Morgan Stanley Fund Services. Forssman has been licensed as a Certified Public Accountant and Chartered Accountant with over 35 years of experience, and was a partner at Grant Thornton and EY.
"I am really excited to be part of an innovative FinTech team here at Fi-Tek – and looking forward to expanding our solutions in administration services to meet the challenges faced by large Global Family Offices and Hedge Fund Administrators," said Erik Forssman.
Fi-Tek has multiple technology solutions across various market segments: GWES for Trust & Wealth Management servicing over 100 trust and wealth management institutions with over $450 Bn on the platform; HedgeTek for Hedge Fund & PE Investor Accounting with over $700 Bn of assets on the platform; and through its subsidiary, Rockit Solutions – powered by the leading integrated family office technology platform Rockit Command – provides full-service administration and investment operations, and total wallet reporting to large and complex multi-generational Global Family Offices with 1000's of legal entities. Rockit Solutions was acquired from the Rockefellers by Fi-Tek in 2016 and the Rockit Command technology has been integrated with Fi-Tek's GWES product suite to make the Rockit's core functionality accessible to Fi-Tek's trust & wealth management clients and growing number of GFOs.
Fi-Tek is a leading provider of technology and technology-enabled solutions to financial institutions, including: Asset Managers, Trust and Private Banks, Family Offices, Hedge Fund Managers, Fund Administrators, and Broker/Dealers. Servicing over $1.4 trillion dollars of assets, Fi-Tek's suite of Private Wealth Technology Solutions consists of Global Wealth ES, Rockit Command, and HedgeTek technology platforms. Please contact Arpita Chatterjee (AChatterjee@Fi-Tek.com) or Kevin Fisher (KFisher@Fi-Tek.com) for any information and questions. Additional information on Fi-Tek and its solutions may be found at www.fi-tek.com.
Rockit Solutions powered by its proprietary technology Rockit Command - is a leading provider of full service multi-generational complex Global Family Office solutions supporting large family offices thru an integrated offering – supporting investment operations, accounting, data aggregation, GIPS Performance, G/L, alternative assets and extensive client reporting including total wallet & look thru reporting. Additionally, Rockit also provides partnership accounting and tax services for complex partnerships. For any questions, please contact Alan Perl (APerl@Rockitco.com)
View original content:
SOURCE Fi-Tek
|
https://www.kxii.com/prnewswire/2022/08/15/industry-veteran-joins-fi-tek-power-its-family-office-alternative-investments-business-growth/
| 2022-08-15T19:49:20Z
|
SINGAPORE, June 28, 2022 /PRNewswire/ -- MioTech, Asia's leading sustainability solutions provider, announced today the opening of its Singapore office, alongside the appointment of Thomas Yap as General Manager of Southeast Asia. The expansion will accelerate MioTech's pioneering of carbon and ESG technology across the region and worldwide.
Having cemented its leadership position in Greater China, MioTech looks to broaden its presence into Southeast Asia's foremost finance hub. As disclosure requirements continue to develop, MioTech's data and platforms empower financial institutions, banks and asset managers in their ESG and climate reporting, financial products as well as in green investment and portfolio decision-making.
Simultaneously, MioTech supports the corporate sector in achieving their sustainability goals, engaging companies to report ESG data and carbon footprints to stakeholders. It also works with corporations especially across high-emitting industries to curb emissions and to develop carbon assets with its IoT-enabled carbon accounting software and net zero advisory teams. Through Singapore, the company will tap into Southeast Asian economies undergoing energy transition and actively participate in growing carbon markets.
"Singapore plays a critical role in connecting Asia and the world, possessing a wealth of talent and established ESG regulations. Joining the Singapore market enables MioTech to have a greater influence on the world," said Thomas Yap, General Manager at MioTech.
"I'm delighted to have Thomas join MioTech's talented team," said Jason Tu, CEO and Co-founder of MioTech. "Having led software development for over 20 years in Asia-Pacific, Thomas possesses the rich industry knowledge and skills needed to drive our South East Asia expansion".
To complement its increased presence in the region, MioTech also launched its Singapore and Southeast Asia ESG dataset which marks the region's first-to-market ESG data coverage. This represents an important milestone not only for the company but also for the entire ESG and data landscape. As of date, MioTech's rich data repository includes over 4 million public and private companies globally.
About MioTech
MioTech uses artificial intelligence to solve the sustainability, climate change, carbon emissions reduction, and social responsibility challenges faced by financial institutions, corporations, governments and individuals. Its comprehensive coverage of ESG data helps financial institutions make the right decisions in green finance and responsible investments. Its software helps corporations manage ESG reporting, improve energy efficiency, track and reduce carbon emissions. Its app builds green-conscious communities and promotes low-carbon lifestyles among individuals.
Founded in Hong Kong, MioTech also has offices in Shanghai, Beijing, and Singapore. Its world-renowned investors include ZhenFund, Horizons Ventures, TOM Group, Moody's, HSBC, Guotai Junan International, GIC, and J.P. Morgan Asset Management.
For more information, please visit https://www.miotech.com
View original content to download multimedia:
SOURCE MioTech
|
https://www.mysuncoast.com/prnewswire/2022/06/29/miotech-opens-singapore-office-expanding-climate-esg-solutions-southeast-asia-market/
| 2022-06-29T01:43:59Z
|
TORONTO, July 27, 2022 /PRNewswire/ - SoftwareReviews, a leading source for insights on the software provider landscape, has published its 2022 Social Media Data Quadrant, identifying eight enterprise and midmarket providers as Gold Medalists.
With a decline in organic reach, businesses are turning to paid advertisement to drive traffic on social media platforms and generate leads. Additionally, as more customers use social media to contact customer support, response management has become critical. Organizations are now looking to sophisticated social media management tools that can help manage communications and provide insight into user opinion to optimize social media campaigns for the coming months.
To support businesses in the digital market, SoftwareReviews has identified the top social media management software providers for the year based on verified survey data collected from 1,153 end-user reviews. These providers have received high scores on SoftwareReviews' Data Quadrant.
Providers are ranked by a composite satisfaction score called a Composite Score (CS), which averages four different areas of evaluation: Net Emotional Footprint, Vendor Capabilities, Product Features, and Likeliness to Recommend.
The 2022 Enterprise Social Media Management Software Gold Medalists are as follows:
- Khoros Social Media Management, 8.8 CS, ranked high for social moderation and workflow management.
- Sendible, 8.7 CS, ranked high for business value creation.
- Agorapulse, 8.6 CS, ranked high for inbound social media channel integration.
- HubSpot Marketing Hub (Social), 8.5 CS, ranked high for social response management.
- Hootsuite Enterprise, 8.5 CS, ranked high for vendor support.
The 2022 Midmarket Social Media Management Software Gold Medalists are as follows:
- Publer, 9.1 CS, ranked high for ease of implementation.
- Brand24, 9.0 CS, ranked high for ease of data integration.
- MavSocial, 9.0 CS, ranked high for dashboards and visualization.
SoftwareReviews' comprehensive software reviews provide the most accurate and detailed view of a complicated and ever-changing market. The data comes from real end users who use the software day in and day out and IT professionals who have worked with it intimately through procurement, implementation, and maintenance.
To compare and evaluate social media management software providers using the most in-depth and unbiased analyst reports available, visit SoftwareReviews' social media management dedicated category page.
For more information about SoftwareReviews, the Data Quadrant, or the Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com and connect via LinkedIn, Twitter, and Facebook.
About SoftwareReviews
SoftwareReviews is the most in-depth source of buyer data and insights for the enterprise software market. By collecting customer experience data from business and IT professionals, the SoftwareReviews methodology produces detailed and authentic insights into the experience of evaluating and purchasing enterprise software.
View original content to download multimedia:
SOURCE SoftwareReviews
|
https://www.kxii.com/prnewswire/2022/07/27/top-eight-social-media-management-software-tools-generate-leads-drive-traffic-according-softwarereviews-data/
| 2022-07-27T18:44:31Z
|
Actions include comprehensive racial equity assessment, anti-bias training and education program, and enhancements to DE&I program, all overseen and conducted by nationally recognized experts
PHILADELPHIA, Aug. 9, 2022 /PRNewswire/ -- Sesame Place today announced a series of initiatives as part of an expansion of its commitment to diversity, equity, and inclusion. Initiatives include a comprehensive racial equity assessment, the development and implementation of an anti-bias training and education program, and enhancements to ensure a best-in-class diversity, equity, and inclusion (DE&I) program. This work will be overseen by national experts.
The racial equity assessment will include a review of policies, processes, and practices that impact guests, employees, suppliers, and the community to identify opportunities for improvement. The assessment will include engagement with both internal and external stakeholders. Experts will remain engaged after the completion of the assessment to monitor our progress toward established goals.
By the end of September 2022, all employees will participate in a substantive training and education program designed to address bias, promote inclusion, prevent discrimination, and ensure all guests and employees feel safe and welcome. This training will be incorporated into the onboarding of all new employees and will become a regular part of our training and workforce development.
The racial equity assessment, training and education program, and DE&I program enhancements are being developed and overseen by national experts in civil rights and diversity, equity, and inclusion. These experts include Debo P. Adegbile, the Chair of the Anti-Discrimination Practice at WilmerHale LLP and a Commissioner on the U.S. Commission on Civil Rights; Joseph West, the current co-Chair of the Lawyers' Committee for Civil Rights Under Law and the Chief Diversity, Equity and Inclusion Officer at DuaneMorris; and Sadiqa Reynolds, the longtime leader of the Louisville Urban League and incoming CEO of Perception Institute, a research consortium that uniquely leverages insights from the social sciences to create effective interventions for inclusion and belonging.
"We are pleased to have this team of well-respected leaders joining us. We have already begun engaging with employees, guests, civil rights groups as well as community leaders, and instituted some interim measures at the park while the review proceeds. The actions we are taking will help us deliver on our promise to provide an equitable and inclusive experience for all our guests every day," said Cathy Valeriano, President of Sesame Place Philadelphia. "We are committed to making sure our guests feel welcome, included and enriched by their visits to our park."
For more information, visit www.sesameplace.com
Media Contact: SPPR@sesameplace.com
View original content:
SOURCE Sesame Place
|
https://www.wibw.com/prnewswire/2022/08/09/sesame-place-announces-comprehensive-actions-advance-diversity-equity-inclusion/
| 2022-08-09T20:30:57Z
|
High-speed security solution provides scalable encryption to protect classified high-availability data centers and cloud environments, securing critical information access, sharing and collection from around the globe
FAIRFAX, Va., May 17, 2022 /PRNewswire/ -- General Dynamics Mission Systems announced today that it has been awarded a contract from the National Security Agency (NSA) to design, develop, test and deliver a certifiable 400 Gbps high-assurance encryption solution that is compliant with the Ethernet Data Encryption Cryptographic Interoperability Specification (EDE-CIS).
The winning solution includes the modular TACLANE E-Series Adaptable Security Platform (ASP) and the TACLANE-ES400 Cryptographic Module. Each module supports throughput ranging from 20 Gbps to 400 Gbps. When the TACLANE-ASP is fully populated with two ES400 modules, the solution supports aggregate speeds of 1.6 Tbps, more than eight times faster than any other certified encryptor today. The high-speed, fault-tolerant solution is engineered to efficiently scale power needs while maintaining performance. Its modular architecture allows customers to right-size their encryption solution to meet specific needs through the application of user-swappable hardware components, crypto modules and software upgrades.
"General Dynamics Mission Systems is known for providing the most widely deployed high assurance encryptors in the world. With the development of the ASP and TACLANE-ES400 cryptographic modules, we are continuing to advance our encryption portfolio to address our customers' need for high performance processing and speed with uncompromised data security and efficient power consumption," said Brian Morrison, vice president for the Cyber Systems line of business with General Dynamics Mission Systems. "This win demonstrates our commitment to our customers who require the highest of speeds. It also validates our unique modular approach, fully aligned with NSA's vision of Crypto as IT (CIT). We will deliver a future-proof TACLANE E-Series portfolio, which will ensure that our customers' investments can be re-used as speeds increase."
The design of the TACLANE E-Series ASP reduces the equipment footprint while balancing power and cooling needs. Its redundant design for power and failover eases maintenance and sustainability requirements, increasing operational availability and reducing downtime to keep mission critical networks working. When bandwidth and security needs grow, the design of the TACLANE E-Series ASP allows for end-users to add functionality and capability without infrastructure changes.
As with all TACLANE products, the TACLANE ASP and the ES400 Crypto Module are supported by the GEM One Encryptor Manager with the new Key Management Infrastructure Delivery Only Client feature to simplify operations and facilitate easier management and configuration. In addition to this feature, GEM One provides the ability to rapidly assess overall network health and to quickly isolate and recover from failures, eliminating downtime.
General Dynamics Mission Systems, a business unit of General Dynamics (NYSE: GD), provides mission-critical solutions to defense, intelligence and cyber-security customers across all domains. Headquartered in Fairfax, Virginia, General Dynamics Mission Systems employs more than 12,000 people worldwide. For more information about General Dynamics Mission Systems' broad portfolio of capabilities, visit gdmissionsystems.com or follow @GDMS on Twitter.
View original content to download multimedia:
SOURCE General Dynamics Mission Systems
|
https://www.wibw.com/prnewswire/2022/05/17/general-dynamics-mission-systems-receives-nsa-contract-high-assurance-ethernet-encryptor/
| 2022-05-17T16:44:54Z
|
BEIJING (AP) — Beijing will conduct mass testing of most of its 21 million people, authorities announced Monday, as a new COVID-19 outbreak sparked stockpiling of food by residents worried about the possibility of a Shanghai-style lockdown.
The Chinese capital began mass testing people in one of its 16 districts where most of the new cases have been found. The city also imposed lockdowns on individual residential buildings and one section of the city. Late in the day, health officials said the testing would be expanded Tuesday to all but five outlying districts.
While only 70 cases have been found since the outbreak surfaced Friday, authorities have rolled out strict measures under China’s “zero-COVID” approach to try to prevent a further spread of the virus.
Some residents worked from home and many stocked up on food as a safeguard against the possibility that they could be confined indoors, as has happened in multiple cities, including the financial hub of Shanghai. The city of Anyang in central China and Dandong on the border with North Korea became the latest to start lockdowns as the omicron variant spreads across the vast country of 1.4 billion people.
Shanghai, which has been locked down for more than two weeks, reported more than 19,000 new infections and 51 deaths in the latest 24-hour period, pushing its announced death toll from the ongoing outbreak to 138.
Beijing residents snapped up rice, noodles, vegetables and other food items as long lines formed in supermarkets and store workers hastily restocked some empty shelves. State media issued reports saying supplies remained plentiful despite the buying surge.
Shoppers appeared concerned but not yet panicked. One woman, carrying two bags of vegetables, eggs and frozen dumplings, said she was buying a little more than usual. A man said he isn’t worried but is just being cautious since he has a 2-year-old daughter.
Beijing health officials said 29 new cases had been identified in the 24 hours through 4 p.m. Monday, raising the total to 70 since Friday.
The city has ordered mass testing across sprawling Chaoyang district, where 46 of the cases have been found. The 3.5 million residents of Chaoyang, as well as people who work in the district, need to be tested on Monday, Wednesday and Friday.
Testing sites were set up overnight and in the early morning in Chaoyang at residential complexes and office buildings around the district. Residents and workers lined up at the temporary outdoor stations for a quick throat swab by a worker in full protective gear. The testing is free.
“I think Beijing should be fine,” said Gao Haiyang as he waited on line for a COVID-19 test. “Based on the previous response made by my community, if there’s any emergency, I think supply can be guaranteed. Plus there were lessons we learned from other cities. I think we can make good preparations.”
Shanghai has buckled under a strict lockdown that has driven residents to band together to get food delivered through group buying. Goods have backed up at the port of Shanghai, affecting supplies and factory production and putting a crimp on economic growth.
Beijing locked down residents in an area about 2 by 3 kilometers (1 by 2 miles), telling them to work from home and stay in their residential compounds. It wasn’t a total lockdown but cinemas, karaoke bars and other entertainment venues were ordered closed.
Elsewhere, the city also shut down some or all buildings in five residential compounds, adding to others that were locked down on Sunday.
___
Associated Press video producer Olivia Zhang and researcher Yu Bing contributed to this report.
|
https://cw33.com/news/ap-top-headlines/beijing-districts-placed-under-lockdown-as-cases-mount/
| 2022-04-25T23:06:18Z
|
Total operating revenue up 6% over same quarter 2019; expects increase of 11% in third quarter versus the same quarter in 2019
Record TRASM of up 24% over same quarter 2019; expects sequential improvement in third quarter versus the same quarter in 2019
Operating margin of 7.2% and adjusted operating margin of 8.2% marking first quarter of profitability since COVID-19 began
CHICAGO, July 20, 2022 /PRNewswire/ -- United Airlines (UAL) today reported second quarter 2022 financial results. The company achieved the highest second quarter revenue in its history, delivering its first profitable quarter since COVID-19 began, despite record-high fuel prices. The second quarter results combined with continued progress the company is seeing affirms United's confidence in achieving the long-term adjusted pre-tax margin1 targets of approximately 9 percent in 2023 and about 14 percent in 2026 that are part of the United Next strategy.
For the quarter, the company saw operating revenue up 6 percent versus the same quarter in 2019 and expects to see sequential improvement in the third quarter. The company also had record-setting TRASM (Total Revenue Per Available Seat Mile), up 24 percent versus the same quarter in 2019 and expects 24 to 26 percent improvement in the third quarter over third quarter 2019. Second quarter revenue improved at a rapid pace and while the company anticipates the economy will slow in the near to medium term, the continuing pandemic recovery is more than offsetting economic headwinds — leading to expected revenue and earnings acceleration in the third quarter. As a result, the company continues to expect to be profitable for the full year 2022. Additionally, even as the industry faced several, well-documented operational challenges throughout the quarter, United performed well and with the exception of Newark had operating results largely in line with 2019.
"I am grateful to the United team that has fought through severe systemic challenges impacting all of global aviation to serve our customers," said United Airlines CEO Scott Kirby. "It's nice to return to profitability – but we must confront three risks that could grow over the next 6-18 months. Industry-wide operational challenges that limit the system's capacity, record fuel prices and the increasing possibility of a global recession are each real challenges that we are already addressing. These fundamental challenges have already led to higher costs, higher fuel prices but, also higher revenue, which means we're as confident as ever we will deliver on our 9 percent adjusted pre-tax margin target in 2023."
Second Quarter Financial Results
- Reported second quarter 2022 net income of $329 million, adjusted net income2 of $471 million.
- Reported second quarter 2022 capacity down 15% compared to second quarter 2019.
- Reported second quarter 2022 total operating revenue of $12.1 billion, up 6% compared to second quarter 2019.
- Reported second quarter 2022 TRASM of up 24% compared to second quarter 2019.
- Reported second quarter 2022 Cost Per Available Seat Mile (CASM) of up 32%, and CASM-ex2 of up 17%, compared to second quarter 2019.
- Reported second quarter 2022 operating margin of 7.2%, adjusted operating margin2 of 8.2%.
- Reported second quarter 2022 pre-tax margin of 3.8%, adjusted pre-tax margin2 of 5.0%.
- Reported second quarter 2022 fuel price of approximately $4.18 per gallon.
- Reported second quarter 2022 payments of long-term debt, finance leases and other financing liabilities of $1.0 billion.
- Reported second quarter 2022 ending available liquidity3 of $22 billion.
Operational Performance
- ConnectionSaver tool helped save more than 150,000 connections, assisting more than 1,600 customers daily on average.
- Inflight satisfaction for on-time flights remained at the highest historic level, achieving 80% for the quarter.
- 700,000 customers used the Agent on Demand platform since the beginning of the year.
Key Highlights
- Launched a new, national advertising campaign – "Good Leads The Way" – that tells the story of United's leadership in areas like customer service, diversity and sustainability, and captures the optimism fueling the airline's large ambitions at a time of unprecedented demand in air travel.
- Announced expansion of its Flight Training Center in Denver, already the largest facility of its kind in the world, as United seeks to hire an additional 10,000 pilots by 2030.
- Became the first airline to donate flights in support of the White House's Operation Fly Formula and transported Kendamil formula free of charge from Heathrow Airport in London to its Washington, Dulles hub.
Customer-Focused Enhancements
- Opened the new United ClubSM location at Newark Liberty International Airport, a 30,000 square foot space offering travelers a modern design, enhanced amenities and culinary offerings.
- Debuted new custom amenity kits for United Polaris® from Away ahead of summer travel.
- Announced limited-time collaboration with Spritz Society to offer complimentary premium cocktails on flights from Chicago to Milan and Newark to Rome, and in select United Clubs.
- Debuted new plant-based menu items from Impossible Foods as part of United's commitment to add more vegan and vegetarian options to its culinary line-up amidst growing demand for plant-based meat.
Network
- Announced year-round, nonstop service between San Francisco, California, and Brisbane, Australia, becoming the first U.S. airline to add a new transpacific destination to its global network since the start of COVID-19.
- Announced the company's application with the U.S. Department of Transportation (DOT) for three weekly nonstop flights between Washington, D.C., and Cape Town, South Africa. The application was tentatively approved by the DOT earlier this month.
- Resumed nonstop service between San Francisco and Melbourne, Australia.
- Kicked off the launch of the largest transatlantic expansion in United history with 10 new routes including new destinations Amman, Jordan; Bergen, Norway; Nice, France; Ponta Delgada, Portugal; Palma de Mallorca, Spain; and Tenerife, Spain.
- Expanded the airline's codeshare agreement with Star Alliance member Singapore Airlines, making it easier for customers to travel to more cities in the United States, Southeast Asia and other destinations in the Asia-Pacific region.
- Launched a new alliance partnership with Virgin Australia, providing customers new connectivity to Australian cities beyond nonstop services.
- Resumed 24 international routes in the second quarter.
- Announced new three times weekly service between Tokyo, Japan, and Saipan in the Commonwealth of the Northern Mariana Islands beginning in September 2022.
Environmental, Social and Governance (ESG)
- Announced a new collaboration with OneTen, a coalition committed to upskill, hire and advance Black talent into family-sustaining careers over the next 10 years.
- United Airlines Ventures announced an investment in and commercial agreement with Dimensional Energy, another step forward to reaching United's pledge to become 100% green by achieving net-zero greenhouse gas emissions by 2050, without relying on the use of traditional carbon offsets.
- Became the first U.S. airline to sign an agreement with Neste to purchase sustainable aviation fuel overseas.
- United employees and their families participated in 11 different Pride parades in June and July in United hub markets and beyond.
- United employees and their families participated in nearly 20 different Earth Month events across our hub communities and beyond.
- Over 42 million miles and more than $400,000 donated to World Central Kitchen, Airlink, American Red Cross, and Americares in support of Ukraine relief efforts by United's customers, with an additional 5 million miles and $100,000 matched by United.
- Hosted send-off events for more than 350 athletes and their families flying to the 2022 USA Special Olympics Games in Orlando, Florida, including a fellow O'Hare International Airport Special Olympics Service Ambassador.
- United welcomed 50 local youths and their family members to its Los Angeles International Airport maintenance facility for a three-week aviation program.
- Sponsored the "Girls Rock Wings" event with Sisters of the Skies, allowing more than 60 young Black women, ages 10-18, to envision a future in aviation.
- United, in partnership with the Warriors Community Foundation and Good Tidings Foundation, revealed the newly refurbished basketball court and gymnasium at the Willie Mays Boys and Girls Club of San Francisco.
- In the second quarter, through a combination of cargo-only and passenger flights, United transported approximately 275 million pounds of freight, including COVID-19 vaccines and other essential supplies, which included nearly 33 million pounds of vital shipments, such as medical kits, personal protective equipment, pharmaceuticals, and medical equipment.
Earnings Call
UAL will hold a conference call to discuss second quarter 2022 financial results, as well as its financial and operational outlook for third quarter 2022 and beyond, on Thursday, July 21, at 9:30 a.m. CT/10:30 a.m. ET. A live, listen-only webcast of the conference call will be available at ir.united.com.
The webcast will be available for replay within 24 hours of the conference call and then archived on the website for three months.
Outlook
This press release should be read in conjunction with the company's Investor Update issued in connection with this quarterly earnings announcement, which provides additional information on the company's business outlook (including certain financial and operational guidance) and is furnished with this press release with the U.S. Securities and Exchange Commission on a Current Report on Form 8-K. The Investor Update is also available through the company's investor relations website at https://ir.united.com. Management will also discuss certain business outlook items during the quarterly earnings conference call.
The company's business outlook is subject to risks and uncertainties applicable to all forward-looking statements as described elsewhere in this press release. Please see the section entitled "Cautionary Statement Regarding Forward-Looking Statements."
About United
United's shared purpose is "Connecting People. Uniting the World." From our U.S. hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C., United operates the most comprehensive global route network among North American carriers. United is bringing back our customers' favorite destinations and adding new ones on its way to becoming the world's best airline. For more about how to join the United team, please visit www.united.com/careers and more information about the company is at www.united.com. United Airlines Holdings, Inc., the parent company of United Airlines, Inc., is traded on the Nasdaq under the symbol "UAL".
Website Information
We routinely post important news and information regarding United on our corporate website, united.com, and our investor relations website, ir.united.com. We use our investor relations website as a primary channel for disclosing key information to our investors, including the timing of future investor conferences and earnings calls, press releases and other information about financial performance, reports filed or furnished with the U.S. Securities and Exchange Commission, information on corporate governance and details related to our annual meeting of shareholders. We may use our investor relations website as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. We may also use social media channels to communicate with our investors and the public about our company and other matters, and those communications could be deemed to be material information. The information contained on, or that may be accessed through, our website or social media channels are not incorporated by reference into, and are not a part of, this document.
Cautionary Statement Regarding Forward-Looking Statements:
This press release and the related attachments and Investor Update (as well as the oral statements made with respect to information contained in this release and the attachments) contain certain "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, relating to, among other things, the potential impacts of the COVID-19 pandemic and other macroeconomic factors and steps the company plans to take in response thereto and goals, plans and projections regarding the company's financial position, results of operations, market position, capacity, fleet, product development, ESG targets and business strategy. Such forward-looking statements are based on historical performance and current expectations, estimates, forecasts and projections about the company's future financial results, goals, plans and objectives and involve inherent risks, assumptions and uncertainties, known or unknown, including internal or external factors that could delay, divert or change any of them, that are difficult to predict, may be beyond the company's control and could cause the company's future financial results, goals, plans and objectives to differ materially from those expressed in, or implied by, the statements. Words such as "should," "could," "would," "will," "may," "expects," "plans," "intends," "anticipates," "indicates," "remains," "believes," "estimates," "projects," "forecast," "guidance," "outlook," "goals", "targets", "confident", "dedicated" and other words and terms of similar meaning and expression are intended to identify forward-looking statements, although not all forward-looking statements contain such terms. All statements, other than those that relate solely to historical facts, are forward-looking statements.
Additionally, forward-looking statements include conditional statements and statements that identify uncertainties or trends, discuss the possible future effects of known trends or uncertainties, or that indicate that the future effects of known trends or uncertainties cannot be predicted, guaranteed or assured. All forward-looking statements in this report are based upon information available to us on the date of this report. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise, except as required by applicable law or regulation.
Our actual results could differ materially from these forward-looking statements due to numerous factors including, without limitation, the following: the adverse impacts of the ongoing COVID-19 global pandemic on our business, operating results, financial condition and liquidity; execution risks associated with our strategic operating plan; changes in our network strategy or other factors outside our control resulting in less economic aircraft orders, costs related to modification or termination of aircraft orders or entry into less favorable aircraft orders, as well as any inability to accept or integrate new aircraft into our fleet as planned; any failure to effectively manage, and receive anticipated benefits and returns from, acquisitions, divestitures, investments, joint ventures and other portfolio actions; adverse publicity, harm to our brand, reduced travel demand, potential tort liability and voluntary or mandatory operational restrictions as a result of an accident, catastrophe or incident involving us, our regional carriers, our codeshare partners or another airline; the highly competitive nature of the global airline industry and susceptibility of the industry to price discounting and changes in capacity, including as a result of alliances, joint business arrangements or other consolidations; our reliance on a limited number of suppliers to source a majority of our aircraft and certain parts, and the impact of any failure to obtain timely deliveries, additional equipment or support from any of these suppliers; disruptions to our regional network and United Express flights provided by third-party regional carriers; unfavorable economic and political conditions in the United States and globally (including inflationary pressures); reliance on third-party service providers and the impact of any significant failure of these parties to perform as expected, or interruptions in our relationships with these providers or their provision of services; extended interruptions or disruptions in service at major airports where we operate and space, facility and infrastructure constrains at our hubs or other airports; geopolitical conflict, terrorist attacks or security events; any damage to our reputation or brand image; our reliance on technology and automated systems to operate our business and the impact of any significant failure or disruption of, or failure to effectively integrate and implement, the technology or systems; increasing privacy and data security obligations or a significant data breach; increased use of social media platforms by us, our employees and others; the impacts of union disputes, employee strikes or slowdowns, and other labor-related disruptions on our operations; any failure to attract, train or retain skilled personnel, including our senior management team or other key employees; the monetary and operational costs of compliance with extensive government regulation of the airline industry; current or future litigation and regulatory actions, or failure to comply with the terms of any settlement, order or arrangement relating to these actions; costs, liabilities and risks associated with environmental regulation and climate change, including our climate goals; high and/or volatile fuel prices or significant disruptions in the supply of aircraft fuel (including as a result of the Russia-Ukraine military conflict); the impacts of our significant amount of financial leverage from fixed obligations, the possibility we may seek material amounts of additional financial liquidity in the short-term, and the impacts of insufficient liquidity on our financial condition and business; failure to comply with financial and other covenants governing our debt, including our MileagePlus® financing agreements; the impacts of the proposed phaseout of the London interbank offer rate; limitations on our ability to use our net operating loss carryforwards and certain other tax attributes to offset future taxable income for U.S. federal income tax purposes; our failure to realize the full value of our intangible assets or our long-lived assets, causing us to record impairments; fluctuations in the price of our common stock; the impacts of seasonality, weather events, infrastructure and other factors associated with the airline industry; increases in insurance costs or inadequate insurance coverage and other risks and uncertainties set forth in Part I, Item 1A. Risk Factors, of our Annual Report on Form 10-K for the fiscal year ended December 31, 2021, as well as other risks and uncertainties set forth from time to time in the reports we file with the U.S. Securities and Exchange Commission.
The foregoing list sets forth many, but not all, of the factors that could impact our ability to achieve results described in any forward-looking statements. Investors should understand that it is not possible to predict or identify all such factors and should not consider this list to be a complete statement of all potential risks and uncertainties. In addition, certain forward-looking outlook provided in this release relies on assumptions about the duration and severity of the COVID-19 pandemic, the timing of the return to a more stable business environment, the volatility of aircraft fuel prices, customer behavior changes and return in demand for air travel, among other things (together, the "Recovery Process"). The COVID-19 pandemic and the measures taken in response may continue to impact many aspects of our business, operating results, financial condition and liquidity in a number of ways, including labor shortages (including reductions in available staffing and related impacts to the company's flight schedules and reputation), facility closures and related costs and disruptions to the company's and its business partners' operations, reduced travel demand and consumer spending, increased operating costs, supply chain disruptions, logistics constraints, volatility in the price of our securities, our ability to access capital markets and volatility in the global economy and financial markets generally. If the actual Recovery Process differs materially from our assumptions, the impact of the COVID-19 pandemic on our business could be worse than expected, and our actual results may be negatively impacted and may vary materially from our expectations and projections. It is routine for our internal projections and expectations to change as the year or each quarter in the year progresses, and therefore it should be clearly understood that the internal projections, beliefs and assumptions upon which we base our expectations may change. For instance, we regularly monitor future demand and booking trends and adjust capacity, as needed. As such, our actual flown capacity may differ materially from currently published flight schedules or current estimations.
Non-GAAP Financial Information:
In discussing financial results and guidance, the company refers to financial measures that are not in accordance with U.S. Generally Accepted Accounting Principles (GAAP). The non-GAAP financial measures are provided as supplemental information to the financial measures presented in this press release that are calculated and presented in accordance with GAAP and are presented because management believes that they supplement or enhance management's, analysts' and investors' overall understanding of the company's underlying financial performance and trends and facilitate comparisons among current, past and future periods. Because the non-GAAP financial measures are not calculated in accordance with GAAP, they should not be considered superior to and are not intended to be considered in isolation or as a substitute for the related GAAP financial measures presented in the press release and may not be the same as or comparable to similarly titled measures presented by other companies due to possible differences in method and in the items being adjusted. We encourage investors to review our financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure.
Please refer to the tables accompanying this release for a description of the non-GAAP adjustments and reconciliations of the historical non-GAAP financial measures used to the most comparable GAAP financial measure and related disclosures.
-tables attached-
UNITED AIRLINES HOLDINGS, INC.
NON-GAAP FINANCIAL INFORMATION
UAL evaluates its financial performance utilizing various accounting principles generally accepted in the United States of America (GAAP) and non-GAAP financial measures, including adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA), adjusted EBITDA margin, adjusted operating income (loss), adjusted operating expenses, adjusted operating margin, adjusted pre-tax income (loss), adjusted pre-tax margin, adjusted net income (loss), adjusted diluted earnings (loss) per share, CASM, excluding special charges, third-party business expenses, fuel, and profit sharing (CASM-ex), operating expenses excluding special charges, adjusted capital expenditures, free cash flow, and free cash flow, net of financings, among others. The non-GAAP financial measures are provided as supplemental information to the financial measures presented in this press release that are calculated and presented in accordance with GAAP and are presented because management believes that they supplement or enhance management's, analysts' and investors' overall understanding of the company's underlying financial performance and trends and facilitate comparisons among current, past and future periods.
Because the non-GAAP financial measures are not calculated in accordance with GAAP, they should not be considered superior to and are not intended to be considered in isolation or as a substitute for the related GAAP financial measures presented in the press release and may not be the same as or comparable to similarly titled measures presented by other companies due to possible differences in method and in the items being adjusted. We encourage investors to review our financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure.
The company does not provide a reconciliation of forward-looking measures where the company believes such a reconciliation would imply a degree of precision and certainty that could be confusing to investors and is unable to reasonably predict certain items contained in the GAAP measures without unreasonable efforts. This is due to the inherent difficulty of forecasting the timing or amount of various items that have not yet occurred and are out of the company's control or cannot be reasonably predicted. For the same reasons, the company is unable to address the probable significance of the unavailable information. Forward-looking non-GAAP financial measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures. See "Cautionary Statement Regarding Forward-Looking Statements" above.
The information below provides an explanation of certain adjustments reflected in the non-GAAP financial measures and shows a reconciliation of non-GAAP financial measures reported in this press release to the most directly comparable GAAP financial measures. Within the financial tables presented, certain columns and rows may not add due to the use of rounded numbers. Percentages and earnings per share amounts presented are calculated from the underlying amounts.
UNITED AIRLINES HOLDINGS, INC.
NON-GAAP FINANCIAL INFORMATION (Continued)
CASM is a common metric used in the airline industry to measure an airline's cost structure and efficiency. UAL reports CASM excluding special charges (credits), third-party business expenses, fuel expense and profit sharing. UAL believes that adjusting for special charges (credits) is useful to investors because special charges (credits) are not indicative of UAL's ongoing performance. UAL also believes that excluding third-party business expenses, such as maintenance, flight academy, ground handling and catering services for third parties, provides more meaningful disclosure because these expenses are not directly related to UAL's core business. UAL also believes that excluding fuel expense from certain measures is useful to investors because it provides an additional measure of management's performance excluding the effects of a significant cost item over which management has limited influence. UAL excludes profit sharing because it believes that this exclusion allows investors to better understand and analyze UAL's operating cost performance and provides a more meaningful comparison of our core operating costs to the airline industry.
UAL also reports EBITDA excluding special charges (credits), nonoperating unrealized (gains) losses on investments, net, nonoperating debt extinguishment and modification fees and nonoperating special termination benefits. UAL believes that adjusting for these items is useful to investors because they are not indicative of UAL's ongoing performance.
UNITED AIRLINES HOLDINGS, INC.
NON-GAAP FINANCIAL INFORMATION (Continued)
UAL believes that adjusting capital expenditures for assets acquired through the issuance of debt, finance leases and other financial liabilities is useful to investors in order to appropriately reflect the total amounts spent on capital expenditures. UAL also believes that adjusting net cash provided by (used in) operating activities for capital expenditures, net of flight equipment purchase deposit returns, adjusted capital expenditures, and aircraft operating lease additions is useful to allow investors to evaluate the company's ability to generate cash that is available for debt service or general corporate initiatives.
CARES Act grant: During the six months ended June 30, 2021, the company received approximately $5.8 billion in funding pursuant to certain Payroll Support Programs ("PSP2" and "PSP3") under the Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"), which included an approximately $1.7 billion unsecured loan. The company recorded $1.1 billion and $2.9 billion as grant income during the three and six months ended June 30, 2021, respectively. The company also recorded $52 million and $99 million for the related warrants issued to the U.S. Treasury Department as part of the agreements related to PSP2 and PSP3, within stockholders' equity, as an offset to the grant income in the three and six months ended June 30, 2021, respectively.
Impairment of assets: During the three and six months ended June 30, 2021, the company recorded $59 million of impairments primarily related to 64 Embraer EMB 145LR aircraft and related engines that United retired from its regional aircraft fleet.
During the three months ended June 30, 2019, the company recorded a $47 million impairment for aircraft engines removed from operations, a $6 million charge for the early termination of several regional aircraft finance leases and $8 million in other miscellaneous impairments. During the six months ended June 30, 2019, in addition to the charges described above, the company recorded an $8 million fair value adjustment for aircraft purchased off lease.
Severance and benefit costs: During the three and six months ended June 30, 2021, the company recorded charges of $11 million and $428 million, respectively, related to pay continuation and benefits-related costs provided to employees who chose to voluntarily separate from the company. The company offered, based on employee group, age and completed years of service, pay continuation, health care coverage, and travel benefits. Approximately 4,500 employees elected to voluntarily separate from the company.
During the three and six months ended June 30, 2019, the company recorded $6 million and $10 million, respectively, of management severance. During the six months ended June 30, 2019, the company recorded $2 million of severance and benefit costs primarily related to a voluntary early-out program for its technicians and related employees represented by the International Brotherhood of Teamsters.
(Gains) losses on sale of assets and other special charges: During the three and six months ended June 30, 2022, the company recorded $112 million and $104 million, respectively, of net charges primarily comprised of $94 million for various legal matters.
During the three and six months ended June 30, 2021, the company recorded charges of $61 million and $77 million, respectively, primarily related to incentives for certain of its front-line employees to receive a COVID-19 vaccination and the termination of the lease associated with three floors of its headquarters at the Willis Tower in Chicago in the first quarter of 2021.
During the three and six months ended June 30, 2019, the company recorded $4 million and $8 million, respectively, of net charges, primarily related to the sale of aircraft engines.
Nonoperating debt extinguishment and modification fees: During the six months ended June 30, 2022, the company recorded $7 million of charges mainly related to the early redemption of $400 million of its unsecured debt.
During the three and six months ended June 30, 2021, the company recorded $62 million of charges for fees and discounts related to the issuance of a new term loan and revolving credit facility and the prepayment of a CARES Act loan and a 2017 term loan and revolving credit facility.
Nonoperating special termination benefits: During the six months ended June 30, 2021, as part of first quarter voluntary separation leave programs, the company recorded $46 million of special termination benefits in the form of additional subsidies for retiree medical costs for certain U.S.-based front-line employees. The subsidies were in the form of a one-time contribution to a notional Retiree Health Account of $125,000 for full-time employees and $75,000 for part-time employees.
Nonoperating unrealized gains and losses on investments, net: All amounts represent changes to market value of equity investments.
Interest expense related to finance leases of Embraer ERJ 145 aircraft:
During the third quarter of 2018, United entered into an agreement with the lessor of 54 Embraer ERJ 145 aircraft to purchase those aircraft in 2019. The provisions of the new lease agreement resulted in a change in accounting classification of these new leases from operating leases to finance leases up until the purchase date. The company recognized $25 million and $46 million of additional interest expense in the three and six months ended June 30, 2019, respectively, as a result of this change. UAL believes that adjusting for interest expense related to finance leases of Embraer ERJ 145 aircraft in certain non-GAAP measures is useful to investors because of the accelerated recognition of interest expense.
Effective tax rate:
The company's effective tax rates for the three and six months ended June 30, 2022, 2021 and 2019 were as follows:
The provisions for income taxes for the three and six months ended June 30, 2021 and 2019 are based on the estimated annual effective tax rate which represents a blend of federal, state and foreign taxes and includes the impact of certain nondeductible items. We have historically calculated the provision for income taxes during interim reporting periods by applying an estimate of the annual effective tax rate for the full fiscal year to income or loss for the reporting period. We have used a discrete effective tax rate method to calculate taxes for the three and six months ended June 30, 2022. We believe that, at this time, the use of the discrete method for the three and six months ended June 30, 2022 is more appropriate than the estimated annual effective tax rate method as the estimated annual effective tax rate method is not reliable due to a high degree of uncertainty in estimating annual pretax earnings.
View original content to download multimedia:
SOURCE United Airlines
|
https://www.wibw.com/prnewswire/2022/07/20/united-airlines-announces-second-quarter-financial-results-returns-profitability/
| 2022-07-20T21:44:13Z
|
Uplift the leading payment installment provider selected by Cruisebound
SUNNYVALE, Calif., Aug. 3, 2022 /PRNewswire/ -- Cruisebound and Uplift, the leading Buy Now Pay Later (BNPL) solution for the world's top travel and retail brands, have created an exclusive partnership to offer customers payment installments on all bookings.
Cruisebound is focused on bringing the joy of cruising to all travelers. Customers can easily book cruises with every major cruise company online versus through a traditional method. Cruisebound customers can book cruises for every vacation need from family-friendly trips to a once-in-a-lifetime Alaska adventure - Cruisebound makes it easy to arrange and manage all types of cruise vacations.
This new payment offering provides customers the benefit of reserving cruise experiences by spreading the cost over easy monthly payments. Additionally, through Uplift's pay over time option, customers can easily upgrade to a larger cabin class, add on-board amenities or shore excursions for only a few extra dollars a month.
Uplift partners with over 200 of the world's leading airlines, cruise lines, resorts and other major travel providers to help more consumers make meaningful purchases and experience the travel that they deserve.
"Our customers expect flexible payment options when booking cruises, including the ability to finance their ultimate vacation," said Claire Gibbons, VP of Product at Cruisebound. "We are excited to partner with Uplift given their deep expertise and knowledge of the travel and cruise industries. We know our customers will be thrilled with this offering."
"With Cruisebound's innovative approach to booking a cruise vacation combined with Uplift's travel-focused payment options, consumers will be able to book and enjoy an elevated vacation experience," said Rob Borden, SVP of Commercial & Cruise.
Uplift is integrated into the Cruisebound booking platform providing a frictionless experience for customers to book with Uplift's surprise-free flexible payment options through a quick application.
With Uplift there are no fees including no late fees or prepayment penalties and customers can book now and spread the cost over affordable monthly payments, rather than paying in full at one time. Customers see the total cost of their purchase upfront including the monthly payment amount and may select from a variety of monthly installment term lengths.
Uplift's Buy Now Pay Later flexible payment options are now available for booking on https://www.cruisebound.com/.
About Uplift
Uplift is the leading Buy Now, Pay Later solution that empowers people to get more out of life, one thoughtful purchase at a time. Serving the world's top enterprise level travel brands, Uplift's complete range of flexible payment options drive higher conversion and loyalty for partners, while giving customers a simple, surprise-free way to pay over time with no late fees or prepayment penalties. Uplift is currently available throughout the United States and Canada. To learn more, visit Uplift.com.
View original content to download multimedia:
SOURCE Uplift
|
https://www.kxii.com/prnewswire/2022/08/03/cruisebound-uplift-create-exclusive-partnership-offer-buy-now-pay-later-payment-option/
| 2022-08-03T15:17:23Z
|
NEW YORK, Sept. 12, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for RGLS, NIO, AMC, CVNA, and CLVS.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- RGLS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RGLS&prnumber=091220222
- NIO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NIO&prnumber=091220222
- AMC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AMC&prnumber=091220222
- CVNA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CVNA&prnumber=091220222
- CLVS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CLVS&prnumber=091220222
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
View original content to download multimedia:
SOURCE InvestorsObserver
|
https://www.kxii.com/prnewswire/2022/09/12/thinking-about-buying-stock-regulus-therapeutics-nio-amc-entertainment-carvana-or-clovis-oncology/
| 2022-09-12T15:23:23Z
|
Lake Township properties connected to city water during U.S. EPA investigation
LAKE TWP. – Seven properties have been connected to municipal water as part of the U.S. Environmental Protection Agency's groundwater investigation around the former Industrial Excess Landfill.
The testing of private wells for "1,4 dioxane," a synthetic industrial chemical that likely is a carcinogen, is ongoing west of the site. EPA spokeswoman Rachel Bassler said more properties with "unacceptably high results" in late May are expected to connect to North Canton's water system.
"To date, 50 private wells have been sampled," she wrote in a May 24 email. "In many of these private wells, the preliminary data indicate there is no detectable dioxane contamination. With EPA oversight, the PRPs (potentially responsible parties) will continue to sample additional wells ... until dioxane is no longer detected."
More:U.S. EPA investigating groundwater west of former Industrial Excess Landfill in Lake Twp.
On June 2, the city of Green announced that dioxane also was detected in wells near the Stark County border. The EPA notified the city in May that its groundwater investigation included properties near state Route 619 or East Turkeyfoot Lake Road, and 12 of 33 wells have tested positive for the contaminant.
Dioxane is a solvent stabilizer and a byproduct of manufacturing and cosmetic products. The EPA considers dioxane an "emerging contaminant" because it was not detectable in groundwater until recently and has no federal cleanup standards.
The chemical was "tentatively identified" in 2019 at seven monitoring wells as part of the latest five-year review. Its presence was confirmed in January, and the testing of private wells followed.
The "potentially responsible parties" include B.F. Goodrich, Goodyear Tire & Rubber Co., Bridgestone/Firestone and GenCorp. Bassler said they've covered the costs associated with the EPA investigation and residential hookups, and will continue monitoring wells near the 30-acre site southeast of Cleveland Avenue NW and Hilltop Street NW.
Sand and gravel were mined at the location until 1966, when the mining pit was converted into the Industrial Excess Landfill. It accepted waste from Akron's rubber companies, area hospitals and septic tank cleaning companies until 1980.
The EPA put it on the Superfund National Priorities List in 1984, and about 100 nearby residents were connected to municipal water in the early 1990s.
Mixed resident reactions about U.S. EPA investigation
Beth and Thomas McAlonan, who have lived on Sunset Circle NW for about 40 years, were having work done to connect to city water in mid-May. The EPA contacted them a few weeks prior about testing their well water.
"So they came out right away and tested it, and then they said that we would get notified," Beth McAlonan said.
In the meantime, the McAlonans were given bottled water and told not to shower with tap water. They were advised to connect to city water a couple days later because results showed a "higher than normal" level of dioxane, Thomas McAlonan said.
His sister, who grew up there in the 1970s, has had breast cancer twice, and the McAlonans know of 11 people in the area who've had cancer in the past 30 years. They themselves have never noticed an issue with the well water or corresponding health effects.
The McAlonans opted not to connect to city water in the 1980s when concerns seemed to be greater in neighborhoods to the south. Beth said she thought their well water came from a natural spring across the street and flowed toward the former landfill.
"It tasted great," she said. "We were happy with the well."
Ethel Garrison also is pleased with the well water at her Sunset Circle NW house, where she's lived since the 1950s. She received requests from the EPA to test her well but said she's used the water for decades and is not concerned about potential health effects.
"I'm still alive," Garrison said.
The 88-year-old said she thinks her water is "clean as a bell" and doesn't plan to hook up and start paying a city water bill now.
"I don't need it, and I'm not going to do it," Garrison said.
Paula George, another Sunset Circle NW homeowner, said her well was tested earlier this year and shown not to be contaminated. Despite disliking city water, she opted to connect while costs are covered.
"I was a little bit further north than everybody else, so it probably hadn't gotten here," she said. "And there was really no other choice because I'm sure the contaminated water would get to my well."
Since the hookup, she said, the higher water pressure has caused plumbing leaks at her old house.
"I've had the house since '84," she said. "So actually, I bought the house, I did not know the dump was there."
Lake Township's administrator reported no calls from residents during the most recent work related to the former landfill.
Concerned Citizens not happy with Industrial Excess Landfill action
Chris Borello, who founded Concerned Citizens of Lake Township but doesn't currently live near the former landfill, remains concerned that not enough is being done to protect residents. She said she'd like to see shallow monitoring wells reopened at the site and groundwater tested all around it.
"We're very, very worried about where they're not looking," she said, referencing U.S. Geological surveys from the late 1980s and early 1990s that show groundwater flows outward in all directions.
According to the 1994 report, regional groundwater flows east to west but is affected by mounds at and around the site.
"Groundwater flowing to the east and south flows toward Metzger Ditch, whereas flow to the west joins the regional groundwater-flow system," the summary states. "Groundwater flow north from IEL is diverted east or west by the southerly component of groundwater flow from the mound north of IEL."
Studies by Sharp & Associates Inc. after 2000 and the elimination of some monitoring wells reported a general east to west pattern more representative of shallow groundwater flow, according to a 2004 review of complaints by the U.S. EPA's Office of Inspector General.
"However, it is also important to recognize that groundwater flow and recharge conditions during the time of waste placement were likely much different than what occurs today, where a large portion of today’s precipitation is dissipated through evapotranspiration and/or as surface run-off," according to the review completed by P.E. LaMoreaux & Associates Inc. at the request of the EPA.
They also describe the possibility of contamination moving offsite before the first groundwater investigation began in 1986 — about 22 years after the landfill began accepting waste.
In response to a question about the possibility of reopening sealed wells, the EPA spokeswoman said the 2003 remedial design plan established 29 monitoring wells of varying depths.
"Historical wells from earlier investigations that were not selected for use in the monitoring network were properly abandoned following the state of Ohio guidance and cannot be unsealed," Bassler added.
Michael Ketterer, a professor emeritus at Northern Arizona University and environmental consultant who has worked with Concerned Citizens of Lake Township, also criticized the sealing of those wells.
"I think it's kind of nefarious," he said. "... A regulatory agency that's supposed to protect the health and the environment says, 'Well, well, we don't want to know about the contamination so we're just going to decommission the monitoring wells and we're not going to monitor any contaminants in the groundwater and everything is fine.'"
Borello and Ketterer also question whether there are other contaminants in the area's private wells, and Ketterer wrote the EPA about measures he felt should be taken following the most recent five-year review. In addition to dioxane, he posed questions about per- and polyfluoroalkyl substances (PFAS) and anthropogenic radioactivity.
"I never really got a response at all from them other than, 'Thank you for your comments,'" he said.
Bassler, in a response to The Canton Repository, said private wells nearest the landfill were tested for other contaminants of concern (COCs), such as chlorinated solvents, metals and PFAS.
"This private well data is still under review," she stated. "These additional COCs are routinely monitored in off-site monitoring wells and have not been detected off-site above cleanup standards during recent biennial sampling events."
|
https://www.cantonrep.com/story/news/local/stark-county/2022/06/08/epa-investigation-into-industrial-excess-landfill-continues-wells-city-water/9766006002/
| 2022-06-08T09:38:26Z
|
Georgia students sue over blocked protest against rebel flag
ATLANTA (AP) — Several Black students who were suspended for trying to protest Confederate flag displays at their school in Georgia have filed a federal lawsuit against their school district and its board members, accusing them of allowing an extensive pattern of racism including “overt bigotry and animosity by some white students and teachers against African American students.”
The students, joined by their mothers as plaintiffs, already made news when their protest at Coosa High School was stifled last fall.
Now, in their lawsuit filed Tuesday against the Floyd County school district and its board members, they allege an extensive pattern of racism, including white students reenacting the murder of George Floyd and posting it on social media, and a student who carried what appeared to be a whip and told a Black student “we used to whip you.”
They also allege unfair punishment: Students are banned from wearing Black Lives Matter shirts, but Confederate flag apparel is acceptable under the school’s dress code, the lawsuit says.
The suit faults administrators for “deliberate indifference to acts of racial animosity toward Black students perpetrated by white students and teachers; as well as the school’s viewpoint discrimination in its dress code and the inconsistent administration of disciplinary policies to the detriment of Black students.”
Joining the students as plaintiffs are their mothers, Lekisha Turner and Jessica Murray. Murray claims she was pulled over by a police officer after picking up the suspended children, and detained until school officials presented her with a letter threatening criminal trespassing charges if she was found again on school grounds.
Superintendent Glenn White on Tuesday said the district disputes the allegations but had been advised by lawyers to not get into specifics at this time. “The Floyd County school system looks forward to presenting the facts on this situation in court,” White told The Associated Press in a phone interview.
Coosa High near Rome is in the heart of northwest Georgia’s conservative 14th Congressional District, which sent Rep. Marjorie Taylor Greene to Congress. About 10% of the school’s more than 800 students in grades 8-12 are Black, state enrollment figures show. About 58% are white, while 26% are Hispanic and the the remainder are multiracial or some other race.
The lawsuit accuses school officials of creating “an atmosphere where certain viewpoints including white nationalism and white supremacy are permitted but speech of an ideologically different viewpoint is expressly prohibited.”
When a group of students sought to protest the ability of their classmates to wear the Confederate flag on campus, the principal threatened student Deserae Turner that she could be jailed for “instigating a riot,” the lawsuit says. The principal also announced over the intercom that any student protesting or even possessing a flyer announcing the protest would be disciplined.
The lawsuit alleges that four Black plaintiffs who organized the protest were suspended for five days, while nonBlack student organizers were not disciplined. Lawyers also allege the preemptive shutdown of the protest and demands that students not post on social media violated students’ First Amendment rights. A fifth student who was not suspended has also sued.
The suit says dress code rules allowing Confederate flag apparel but not Black Lives Matter apparel are illegal viewpoint discrimination by a government agency, which also violates the First Amendment. It says the district also has violated the students’ and parents’ right to equal protection under the 14th Amendment, as well as the Civil Rights Act of 1964.
Among other remedies, the plaintiffs demand that the school district be blocked from further punishing the students because of their speech, remove prior punishments from school records and pay money damages.
Among the lawyers bringing the suit is Shannon Liss-Riordan, a lawyer seeking the Democratic nomination for attorney general in Massachusetts.
___
Follow Jeff Amy on Twitter at http://twitter.com/jeffamy.
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.kxii.com/2022/05/17/georgia-students-sue-over-blocked-protest-against-rebel-flag/
| 2022-05-17T16:20:07Z
|
A Chiplet interconnection specification optimized for maximum applicability enabling low cost
and energy efficient implementations.
AUSTIN, Texas, July 19, 2022 /PRNewswire/ -- Today, the OCP Foundation, the nonprofit organization bringing hyperscale innovations to all, announced the release of the Bunch of Wires (BoW) specification for Chiplet interconnect. The BoW specification represents a next step in the OCP Open Domain Specific Architecture (ODSA) Project's march towards establishing an open Chiplet ecosystem as a catalyst for a new silicon market place and integrated circuit supply chain model. BoW specifies a physical layer (PHY) optimized for System on a Chip (SoC) disaggregation, and complements OCP ODSA Open High Bandwidth Interconnect (OpenHBI) PHY specification targeting High Bandwidth Memory and other parallel bandwidth intensive use cases.
"The demand for specialized silicon has been increasing steadily due to workload diversity, such as with the adoption of AI and ML, and we expect this trend to continue for several years. In response to this demand the OCP recognizes that it must be a catalyst to establish open and standardized Chiplet ecosystems and new markets by investing in Chiplet interconnect technology that will enable composable silicon. The release of the BoW specification is an important step in this direction. We expect to increase our efforts on developing supply chain models for composable silicon," said Bill Carter, CTO, OCP Foundation.
The ODSA BoW PHY specification is optimized for both commodity (organic laminate) and advanced packaging technologies, enabling cost and energy efficient, as well as high-performance designs across a wide range of process nodes. The specification was authored to allow many use cases driving significant economies of scale. Care was taken to impose as few constraints as possible and to avoid including required features in the specification that could increase design complexity when disaggregating an existing SoC.
The BoW specification, with an open license making it available to everyone, is already in use in at least 10 companies, including Samsung and NXP, over a dozen different use cases spanning 5, 6, 12, 16, 22 and 65nm process nodes, and covering Chiplet-based products for networking, specialized AI silicon, FPGAs, and processors.
"The semiconductor industry continues to innovate in new and exciting directions with multicore application specific SoCs, custom core architectures, deep learning, optical communications, analog processing techniques, RF interfaces, memory architectures and more. The new challenge is how to integrate all of these disparate innovations, several of which are not practical to produce at cutting- edge process nodes. Today's announcement from the OCP ODSA, releasing the Bunch of Wires open-source specification for Chiplet interconnect, supplies a new tool toward expanding innovation in the market. This opens the door to a more competitive landscape and diversity in innovation at varying cadences and is fuel or a healthy industry," said Tom Hackenberg, Principal Analyst, Computing & Software Semiconductor, Memory and Computing Division, Yole Intelligence.
About the Open Compute Project Foundation
At the core of the Open Compute Project (OCP) is its Community of hyperscale data center operators, joined by telecom and colocation providers and enterprise IT users, working with vendors to develop open innovations that, when embedded in product are deployed from the cloud to the edge. The OCP Foundation is responsible for fostering and serving the OCP Community to meet the market and shape the future, taking hyperscale led innovations to everyone. Meeting the market is accomplished through open designs and best practices, and with data center facility and IT equipment embedding OCP Community-developed innovations for efficiency, at-scale operations and sustainability. Shaping the future includes investing in strategic initiatives that prepare the IT ecosystem for major changes, such as AI & ML, optics, advanced cooling techniques, and composable silicon. Learn more at www.opencompute.org.
Media Contact
Dirk Van Slyke
Open Compute Project Foundation
Vice President, Chief Marketing Officer
dirkv@opencompute.org
Mobile: +1 303-999-7398
(Central Time Zone/CST/Houston, TX)
View original content to download multimedia:
SOURCE Open Compute Project Foundation
|
https://www.wibw.com/prnewswire/2022/07/19/open-compute-project-foundation-ocp-announces-proven-soc-disaggregation-interface-specification/
| 2022-07-19T19:44:58Z
|
TICKETS ONLY: Maple Hill police suspend traffic warnings in July
MAPLE HILL, Kan. (WIBW) - Maple Hill police officers will not issue traffic warnings during the month of July, only tickets for observed violations.
The Maple Hill Police Department says between July 1 and 31, officers will join its annual Traffic Offence Enforcement Campaign. During this time, it said warnings for traffic offenses within city limits will be suspended. This means only tickets will be issued.
Officers have urged residents to obey all posted traffic signs to avoid a ticket as the department has received various reports of excessive speeding, stop sign violations and seat belt non-compliance.
If stopped in the city limits of Maple Hill in July for an observed traffic violation, officers said drivers will be cited.
Copyright 2022 WIBW. All rights reserved.
|
https://www.wibw.com/2022/07/06/tickets-only-maple-hill-police-suspend-traffic-warnings-july/
| 2022-07-06T18:09:46Z
|
YAOUNDE, Cameroon (AP) — Suspected separatist rebels in western Cameroon attacked rural villages, killing at least 30 people, say health workers in the Akwaya district.
Injured survivors are being treated at the Presbyterian Hospital in Akwaya, according to Samuel Fonki, a Presbyterian Church moderator.
“We community leaders and clerics were planning peace talks to end the matter (conflict with separatists) and then this unfortunate incident took place where 30 people including children, women, young girls, men and the old were massacred by some armed men,” said Fonki.
“Some civilians were even burned in their houses. We want to plead that the government should put a very strong military base in Akwaya since that area is also near Nigeria,” Fonki said.
Separatists have denied claims their fighters are responsible for the Akwaya massacre. They blame armed groups operating across the border in Cameroon and Nigeria.
Hundreds of frightened civilians fled their villages to safer spots near the border with Nigeria, said Fonki.
Among the dead were 5 Nigerian citizens doing business in Cameroon, said Fonki. Some of the wounded died while being evacuated to Nigeria for treatment in better-equipped hospitals, he said.
Cameroon troops are being deployed to protect civilians in Akwaya, said a local government worker who spoke on condition of anonymity for fear of retaliation by separatists.
Injured victims are still being rushed to hospitals in the district, said Enow Daniel Keyong, the highest government health official in Akwaya.
“Since the incident was very horrific, we medical staff members never had the courage to go to the field, so the injured were actually transported by relatives and villagers to the Presbyterian Hospital where we attended to them,” Kewong said.
He said most of the injured rushed to hospitals had severe head and chest injuries, from gunshots and machete cuts while a few had minor injuries.
“The severely injured were stabilized by Cameroon health workers and referred to neighboring Nigeria for continuation of care,” he said.
Cameroon’s English-speaking separatists launched a rebellion in 2017, with the stated goal of breaking away from the area dominated by the French-speaking majority country and setting up an independent, English-speaking state. The government has accused them of many of the atrocities committed against English-speaking civilians.
The separatist conflict has killed more than 3,300 people and displaced more than 750,000 others, according to the U.N.
|
https://cw33.com/news/international/ap-international/cameroons-separatists-suspected-of-rural-attack-killing-30/
| 2022-06-29T02:40:44Z
|
CLEVELAND (AP) — Deshaun Watson’s short-term future with the Browns could be coming into focus.
Cleveland’s quarterback will have a hearing next week with NFL disciplinary officer Sue L. Robinson, three people familiar with the scheduled meeting told The Associated Press on Saturday.
Watson, who is facing a potential suspension from the league stemming from accusations of sexual misconduct by two dozen massage therapists in Texas, will meet with Robinson on Tuesday, said the person who spoke on condition of anonymity because details of the hearing have not been disclosed publicly.
It’s not yet know how long Watson is scheduled to meet with Robinson.
The hearing is a significant development in Watson’s case as Robinson will decide if the 26-year-old violated the league’s personal conduct policy. The league is expected to recommend significant discipline for Watson, who will be defended by the NFL Players Association in the high-profile case.
ESPN was first to report Watson’s meeting with Robinson, who was jointly appointed by the league and NFL Players Association in 2020. This is the first case the former federal judge has heard under the league’s revised disciplinary procedure. Previously, Commissioner Roger Goodell handled these matters.
Earlier this week, Watson reached undisclosed financial settlements in civil lawsuits filed by 20 of his 24 accusers. The women claimed he had harassed, assaulted or touched them during sessions when he played for Houston.
The four remaining cases could still go to trial, but that wouldn’t happen until 2023.
Watson has denied any wrongdoing and said sex with three of the women was consensual.
The league has said Watson’s settlements will not affect its investigation. If Robinson finds Watson violated the league’s personal conduct policy, he’ll likely be suspended for multiple games if not longer.
Robinson is expected to rule before the Browns open training camp later next month.
Cleveland signed Watson to a five-year, $230 million contract in March after convincing the three-time Pro Bowler to waive his no-trade clause and join a team looking to bounce back after a disappointing 8-9 season. He had been pursued by several other teams as well.
___
AP Football Writer Rob Maaddi in Tampa, Florida, contributed to this report.
___ More AP NFL: https://apnews.com/hub/nfl and https://apnews.com/hub/pro-32 and https://twitter.com/AP_NFL
|
https://cw33.com/sports/ap-sports/ap-sources-watson-to-meet-with-nfl-disciplinary-officer/
| 2022-06-26T12:29:59Z
|
SAC COUNTY, Iowa (KCAU) – Officials in Sac County, Iowa, have arrested a woman after receiving a report that over 1,000 dead pigs were discovered at two hog confinement sites she was hired to maintain.
Elana Laber, 33, was arrested Thursday and charged with two counts of criminal mischief in the 1st degree and two counts of livestock neglect, according to a press release from the Sac County Sheriff’s Office.
Officials said that the arrest was made after police responded to a report that over 1,000 dead pigs were discovered at the two confinement sites, which are located approximately half a mile apart.
Laber, who is employed to maintain both sites, initially told law enforcement that someone had shut off the electrical breakers the night before, leading to the death of the pigs. But a veterinarian working with the investigative team determined the pigs had been dead for at least a week.
Laber told officials that she was aware that the pigs had been dead for a week, but didn’t say anything because she “didn’t know what to do,” police said. The pigs had no access to feed or water and were found in different stages of decomposition.
The estimated loss for the owners, Corey AGR Inc., is around $150,000, according to police. Laber was in custody at the Sac County Jail as of Thursday afternoon. Her bond had been set at $22,000.
|
https://cw33.com/news/nexstar-media-wire/over-1000-dead-pigs-lead-to-arrest-of-iowa-woman/
| 2022-07-01T15:08:44Z
|
Retailers warn of Visa, Mastercard fee hike
Published: May. 19, 2022 at 10:53 AM CDT|Updated: 1 hour ago
(CNN) - Businesses are blaming credit and debit cards for higher prices at some stores.
Credit card giants Visa and Mastercard raised their interchange rates, also called swipe fees, last month.
Merchants pay the fees to banks and credit card companies for transactions made with credit or debit cards.
The fees are not a flat rate, but vary on several factors including the retailer, type of card and transaction size.
Some retailers say the increased fees will force them to raise prices on consumers or stop accepting certain credit cards.
Visa and Mastercard claim the fees help pay for reward programs and banking services, and to guarantee payment in case of customer overdraft or fraud.
Copyright 2022 CNN Newsource. All rights reserved.
|
https://www.kxii.com/2022/05/19/retailers-warn-visa-mastercard-fee-hike/
| 2022-05-19T17:08:00Z
|
GENEVA (AP) — Swiss customs authorities said Friday that they are tracking about 3 tons of gold of Russian origin that entered Switzerland from Britain last month to watch for potential violations of economic sanctions against Russia following President Vladimir Putin’s war on Ukraine.
The gold is worth 194 million Swiss francs ($202 million), officials said.
The Federal Office for Customs and Border Security said it consistently monitors imports of gold from Russia, which it said are not prohibited under a raft of Swiss sanctions against Moscow imposed over Russia’s Feb. 24 invasion of Ukraine.
However, exports of gold to Russia are barred under Switzerland’s sanctions, the customs office said in a statement. Gold bars manufactured in Russia since March 7 can not be traded in Switzerland, but ones created before then can, the office said.
There are no commercial restrictions in Switzerland on other forms of gold, such as jewelry or coins, from Russia, the office said.
American news outlet Bloomberg first reported the imported Russian gold that Swiss authorities are reviewing.
The Swiss Association of Manufacturers and Traders in Precious Metals said Thursday it was aware of “concerns” linked to last month’s move and said none of its members — which includes the biggest smelters of gold in Switzerland — was behind it.
The association noted that while such imports are not illegal, it “would like to reiterate that dubious gold has no place in Switzerland and that it expects its members to act with the utmost caution and to refrain from buying in case of doubt.”
Switzerland has annually imported a total of about 270 billion Swiss francs (about $280 billion) worth of gold in recent years, according to customs office figures.
|
https://cw33.com/business/ap-business/swiss-customs-tracks-importation-of-russian-gold-worth-200m/
| 2022-06-24T21:25:07Z
|
FIRST FULLY IMMERSIVE 3D AUGMENTED REALITY SURGICAL NAVIGATION SYSTEM ACHIEVES FDA APPROVAL FOR PRECISION SPINE SURGERY
Published: Jun. 15, 2022 at 12:06 PM CDT|Updated: 1 hour ago
SALT LAKE CITY, June 15, 2022/PRNewswire/ -- VisAR, an augmented reality surgical navigation system from healthcare technology leader Novarad™, receives FDA 510(k) approval for precision guided intraoperative spine surgery. VisAR transforms a patient's imaging data into a 3-dimensional hologram which is visible through an optical visor and superimposed onto the patient with submillimeter accuracy. This allows the surgeon to focus directly on the surgical objective without looking away at a separate monitor. Most surgeries are performed without navigation due to the impediments of cost and setup time. The VisAR system is a big step towards making precision surgical guidance widely available and economically feasible.
"This is transformational technology that provides the precision of a robot, the portability of a stethoscope and the versatility of human powered intelligence," said Dr. Wendell Gibby, Novarad CEO and co-creator of VisAR. "Like a surgical GPS, VisAR provides a roadmap to guide the surgeon to the pathology of interest."
VisAR is an end-to-end solution with pre-surgical planning, virtual annotations, segmentation and bi-directional image connectivity. It features integrated 2D and 3D immersive navigation views with continuous hologram-to-patient registration. VisAR technology utilizes image visible CT fiducial markers for automatic registration. The operating room setup time is less than 2 minutes. Surgical accuracy is sub 2 mm for pedicle screw placement in both open and minimally invasive surgical (MIS) procedures.
"My first impression of the technology, when you actually got to put it on and see real patient images come up was, 'this is amazing. This is groundbreaking, revolutionary technology.' It's hard to explain," said neurosurgeon from the University of Utah, Michael Karsy, MD PHD. "I've seen other technologies in the medical field, including virtual reality and other augmented reality systems. VisAR is ahead of the game and the people behind it have a real interest and passion to get this right."
Novarad has partnered with Microsoft to utilize off-the-shelf AR headset technology which allows for lowered cost and the ability to leverage expected hardware advancements. The untethered wirelessly connected Microsoft HoloLens 2 visor worn by the physician results in the smallest OR footprint of any system on the market. No other navigation equipment is required. VisAR is built on the Novarad imaging technology solution stack that provides interoperability, HIPAA compliance, image management, and deep security.
VisAR is currently available in the U.S., with usage being anticipated in other countries in the coming months. Head and Neck surgical approvals are currently in the consideration phase with the U.S. Federal Drug Administration. Visit novarad.net/visar for information or to schedule a demonstration.
About Novarad:
For over 30 years, Novarad has delivered innovative industry-leading medical technologies that truly transform healthcare for providers and their patients. The Enterprise imaging and departmental solutions from Novarad enable over 1,000 hospitals, imaging centers, and clinics to achieve even greater clinical, operational, and fiscal excellence. Visit Novarad at novarad.net.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
|
https://www.wibw.com/prnewswire/2022/06/15/first-fully-immersive-3d-augmented-reality-surgical-navigation-system-achieves-fda-approval-precision-spine-surgery/
| 2022-06-15T18:20:59Z
|
The company reaffirms its full-year sales expectations and narrows its earnings guidance range
AUSTIN, Minn., June 2, 2022 /PRNewswire/ -- Hormel Foods Corporation (NYSE: HRL), a leading global branded food company, today reported results for the second quarter of fiscal 2022. All comparisons are to the second quarter of fiscal 2021 unless otherwise noted.
EXECUTIVE SUMMARY
SECOND QUARTER
- Volume of 1.2 billion lbs., down 2%; organic volume1 down 8%
- Record net sales of $3.1 billion, up 19%; organic net sales1 up 10%
- Operating income of $335 million, up 16%
- Operating margin of 10.8%, compared to 11.1% last year and 10.5% last quarter
- Pretax earnings of $322 million, up 10%
- Effective tax rate of 18.7%, compared to 22.1% last year
- Diluted earnings per share of $0.48, up 14% compared to last year
- Cash flow from operations of $193 million, up 24%
EXECUTIVE COMMENTARY
"We delivered strong top- and bottom-line growth during the quarter, leveraging our balanced business model, leading brands and experienced management team," said Jim Snee, chairman of the board, president and chief executive officer. "The second quarter marked our sixth consecutive quarter of record sales, and we achieved earnings growth for the third consecutive quarter. Operating margin increased compared to the first quarter, an indication that our efforts to mitigate inflationary pressures are working. We also made meaningful progress across our supply chain, where our investments in capacity and a recovery in staffing levels contributed to improved fill rates, inventories and production volumes. These excellent results further demonstrate our team's ability to execute in difficult operating conditions and support the value of our clear strategic priorities."
"Consumer and operator demand for our leading brands remained robust during the quarter, and we continue to realize the benefits of investments in our direct sales force, diversified product portfolios, increased advertising, brand building and innovation," Snee said. "Double-digit organic sales growth was driven by our foodservice businesses, retail brands such as WHOLLY®, SKIPPY®, Hormel® Square TableTM, SPAM®, Hormel® Gatherings®, Dinty Moore® and Jennie-O®, and strong contributions from our food-forward brands, including Columbus® and Applegate®. Results for our Planters® snack nuts business improved throughout the quarter, and we are realizing the positive impact of the scale this business brings to our company, especially in the important and fast-growing convenience store channel. Our brands have responded well to pricing actions, and we are actively managing pricing and promotional levers to ensure the long-term health of our brands and the categories in which they compete."
"Earnings growth this quarter was a result of the balance we have built across our business," Snee said. "Our Jennie-O Turkey Store segment had an outstanding quarter, as its ability to adjust to current market conditions and meet strong foodservice demand drove higher results. Likewise, our foodservice businesses in Refrigerated Foods were able to manage inflation and deliver excellent volume gains. Strong performances in these businesses offset elevated freight costs across all segments and a decline in Grocery Products, which absorbed higher costs for certain inputs, such as avocados, protein and packaging. As we continue to operate in this highly inflationary environment, we will remain focused on improving our supply chain performance, maximizing promotional effectiveness and mix, and, where necessary, taking additional pricing actions to mitigate persistent inflationary pressures."
"After an excellent first quarter and significant profit growth in the second quarter, our Jennie-O Turkey Store team is facing an uncertain period ahead," Snee said. "We are actively managing the impacts from highly pathogenic avian influenza (HPAI) on turkey supply and will take the appropriate actions to protect the health of the turkeys across our supply chain. Similar to what we experienced in 2015, HPAI is expected to have a meaningful impact on industry poultry supplies over the coming months. Beginning in the third quarter, we anticipate large supply gaps in the Jennie-O Turkey Store vertically integrated supply chain, caused by flock losses to date. Our dedicated and experienced team is managing through operational challenges caused by the outbreaks and adapting to changing business conditions. The team has shown unwavering commitment and resolve in the face of a very difficult situation."
OUTLOOK
"We have a responsibility to protect the equity of our brands and ensure we meet the needs of our customers, consumers and operators," Snee said. "Based on our strong first-half performance and current outlook for the full year, we are reaffirming our sales expectations and narrowing our earnings guidance range. We are confident in our ability to deliver our sales guidance, given robust demand for our brands across the retail, foodservice and international channels, improvements in our supply chain, our investments in capacity and from strategic pricing actions. From an earnings perspective, we expect a strong finish to the year from our Refrigerated Foods business. We anticipate a fourth-quarter improvement from pricing actions taken across our Grocery Products portfolio. Additionally, we are navigating the impact of HPAI on the Jennie-O Turkey Store supply chain and external factors affecting the International & Other segment, including current export logistics challenges and COVID-related lockdowns in China. Our teams have actions in place to manage through these challenges and drive results for the company."
STRATEGIC EVOLUTION UPDATE
Planters® Snack Nuts Business Integration
"We successfully completed the integration of all aspects of the Planters® snack nuts business during the second quarter, and the business continues to perform at the high end of our expectations," Snee said. "Since our successful integration, we have seen improvements in customer service levels and expect consumption data to show improvement in the coming months. Looking to the balance of the year, we expect a strong finish from this business. We remain committed to investing behind the Planters® brands and are excited about our recently introduced Planters® Sweet & Spicy Dry Roasted peanuts and the packaging innovation now in the marketplace. We are also encouraged by the momentum behind the Corn Nuts® brand, which boasts a loyal following and is seeing strong sales gains."
Jennie-O Turkey Store Transformation
"We continued to make progress on our transformative actions at Jennie-O Turkey Store," Snee said. "Our team is navigating the current environment, balancing both short-term opportunities and the long-term vision for our turkey business. Above all, the team remains focused on creating a business model that is better aligned to the changing needs of our customers, consumers and operators to drive long-term, sustainable growth."
During the second quarter, the company closed the Benson Avenue facility and successfully transferred approximately 200 employees to the newer and larger manufacturing facility in Willmar, Minn. One-time plant closure costs were immaterial to segment results. The company remains on track to integrate business functions, consolidate the Jennie-O Turkey Store supply chain into the broader Hormel Foods One Supply Chain, and drive SG&A cost synergies of approximately $20 million to $30 million annually by fiscal 2023.
CHANNEL HIGHLIGHTS – SECOND QUARTER
Demand across the company's U.S. channels remained elevated, as exhibited by strong growth compared to the prior year. The company benefited from pricing actions to offset inflationary pressures across many categories and contributions from the Planters® snack nuts business. Sales for the international channel declined, primarily due to lower commodity exports.
SEGMENT HIGHLIGHTS – SECOND QUARTER
Refrigerated Foods
- Volume down 13%; organic volume1 down 14%
- Net sales up 13%; organic net sales1 up 11%
- Segment profit up 3%
Net sales increased due to strong results from the foodservice businesses and from retail products such as Columbus® grab-and-go charcuterie, Applegate® natural and organic meats, Hormel® Square TableTM refrigerated entrees and Hormel® Gatherings® party trays. Strategic pricing actions across the portfolio and the inclusion of the Planters® snack nuts business also contributed to growth. Consistent with the company's long-term strategy to better align resources to value-added growth, the overall decline in volume was due primarily to lower commodity sales resulting from the company's new pork supply agreement. Segment profit growth was driven by strong results from the foodservice businesses, more than offsetting higher operational and logistics costs. Volume, sales and segment profit were negatively impacted by production constraints due to labor shortages.
Grocery Products
- Volume up 19%; organic volume1 up 2%
- Net sales up 39%; organic net sales1 up 7%
- Segment profit down 9%
Volume and sales increased due to strength across the portfolio and from the inclusion of the Planters® snack nuts business. Organic sales growth was led by the WHOLLY®, SKIPPY®, SPAM® and Dinty Moore® brands, in addition to strategic pricing actions. Segment profit declined, as organic sales growth and the contribution from the Planters® business were unable to overcome significant inflationary pressures and lower results from MegaMex, which absorbed higher avocado costs. Volume, sales and segment profit were negatively impacted by production constraints due to labor shortages.
Jennie-O Turkey Store
- Volume down 1%
- Net sales up 16%
- Segment profit up 387%
Net sales for all areas of the business increased, led by foodservice, whole bird and retail sales. Value-added volume gains were attributed to strong results from the foodservice business. Higher commodity prices and foodservice sales drove the substantial improvement in segment profit. HPAI had an immaterial direct impact on the segment's results for the quarter.
International & Other
- Volume down 14%; organic volume1 down 15%
- Net sales down 1%; organic net sales1 down 3%
- Segment profit down 3%
Volume and sales declined as a result of current export logistics challenges and lower commodity sales due to the company's new pork supply agreement. Retail sales in China improved as pantry loading and sales to food security programs in response to COVID-related lockdowns helped offset declines in foodservice sales. Profit growth in China was offset by lower results from the export business, which was negatively impacted by logistics challenges and meaningfully higher freight expenses.
SELECTED FINANCIAL DETAILS
- Advertising spend was $39 million compared to $31 million in the prior year.
- The effective tax rate was 18.7% compared to 22.1% last year. Higher stock option exercises provided a benefit to the tax rate for the quarter. The effective tax rate for fiscal 2022 is expected to be between 20.5% and 22.5%.
- Capital expenditures in the second quarter were $78 million compared to $45 million last year. The company's target for capital expenditures in fiscal 2022 is $310 million.
- Depreciation and amortization expense in the second quarter was $62 million compared to $52 million last year. The full-year expense is expected to be approximately $250 million.
PRESENTATION
A conference call will be webcast at 7 a.m. CDT on Thursday, June 2, 2022. Access is available at www.hormelfoods.com by clicking on "Investors." The call will also be available via telephone by dialing 888-317-6003 and providing the access code 2367917. An audio replay is available by going to www.hormelfoods.com. The webcast replay will be available at noon CDT, Thursday, June 2, 2022, and will remain on the website for one year.
ABOUT HORMEL FOODS - Inspired People. Inspired Food.™
Hormel Foods Corporation, based in Austin, Minn., is a global branded food company with over $11 billion in annual revenue across more than 80 countries worldwide. Its brands include Planters®, SKIPPY®, SPAM®, Hormel® Natural Choice®, Applegate®, Justin's®, WHOLLY®, Hormel® Black Label®, Columbus®, Jennie-O® and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named on the "Global 2000 World's Best Employers" list by Forbes magazine for three years, is one of Fortune magazine's most admired companies, has appeared on the "100 Best Corporate Citizens" list by 3BL Media 13 times, and has received numerous other awards and accolades for its corporate responsibility and community service efforts. The company lives by its purpose statement — Inspired People. Inspired Food.™ — to bring some of the world's most trusted and iconic brands to tables across the globe. For more information, visit www.hormelfoods.com.
FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking" information within the meaning of the federal securities laws. The "forward-looking" information may include statements concerning the Company's outlook for the future as well as other statements of beliefs, future plans, strategies, or anticipated events and similar expressions concerning matters that are not historical facts. Words or phrases such as "should result," "believe," "intend," "plan," "are expected to," "targeted," "will continue," "will approximate," "is anticipated," "estimate," "project," or similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties that could cause actual results to differ materially from historical earnings and those anticipated or projected, which factors include, but are not limited to, risks related to the deterioration of economic conditions; the COVID-19 pandemic; risks associated with acquisitions and divestitures; potential disruption of operations including at co-manufacturers, suppliers, logistics providers, customers, or other third-party service providers; risk of loss of a material contract; the Company's inability to protect information technology systems against, or effectively respond to, cyber attacks or security breaches; deterioration of labor relations, labor availability or increases to labor costs; general risks of the food industry, including food contamination; outbreaks of disease among livestock and poultry flocks; fluctuations in commodity prices and availability of raw materials and other inputs; fluctuations in market demand for the Company's products; risks of litigation; potential sanctions and compliance costs arising from government regulation; compliance with stringent environmental regulation and potential environmental litigation; and risks arising from the Company's foreign operations. Please refer to the cautionary statements regarding "Risk Factors" and "Forward-Looking Statements" that appear in our most recent Annual Report on Form 10-K and quarterly reports on Form 10-Q, which can be accessed at hormelfoods.com in the "Investors" section, for additional information. In making these statements, the Company is not undertaking, and specifically declines to undertake, any obligation to address or update each or any factor in future filings or communications regarding the Company's business or results. Though the Company has attempted to list comprehensively these important cautionary risk factors, the Company wishes to caution investors and others that other factors may in the future prove to be important in affecting the Company's business or results of operations. The Company cautions readers not to place undue reliance on forward-looking statements, which represent current views as of the date made.
Note: Due to rounding, numbers presented throughout this news release may not sum precisely to the totals provided, and percentages may not precisely reflect the absolute figures.
1 COMPARISON OF U.S. GAAP TO NON-GAAP FINANCIAL MEASURES
The non-GAAP adjusted financial measures of organic net sales and organic volume are presented to provide investors with additional information to facilitate the comparison of past and present operations. Organic net sales and organic volume are defined as net sales and volume, excluding the impact of acquisitions and divestitures. Organic net sales and organic volume exclude the impact of the acquisition of the Planters® snack nuts business (June 2021) in the Grocery Products, Refrigerated Foods, and International & Other segments.
The company believes these non-GAAP financial measures provide useful information to investors, because they are the measures used to evaluate performance on a comparable year-over-year basis. Non-GAAP measures are not intended to be a substitute for U.S. GAAP measures in analyzing financial performance. These non-GAAP measures are not in accordance with generally accepted accounting principles and may be different from non-GAAP measures used by other companies.
The tables below show the calculations to reconcile from the GAAP measures to the non-GAAP adjusted measures.
View original content to download multimedia:
SOURCE Hormel Foods Corporation
|
https://www.mysuncoast.com/prnewswire/2022/06/02/hormel-foods-reports-record-sales-double-digit-earnings-growth-second-quarter/
| 2022-06-02T11:12:53Z
|
NEW YORK (AP) — For the uninitiated, outfitting a college dorm room can be a dizzying experience. Doing it at a time of high inflation can make it even more daunting.
The first step: Meticulously go over what the school allows and provides. If you want a microwave and minifridge, are the energy-saving combo models required? Do you need foam pool noodles to avoid hitting your head under an upper bunk, and if so, might the school provide them? Exactly how thick can a mattress topper be?
“You can see the look of terror on parents’ faces,” said Marianne Szymanski, an independent product researcher who has sent two kids to college. “You know, did I get the right mattress pad? It’s crazy.”
Etsy’s trend expert, Dayna Isom Johnson, said self-expression is top of mind for dorm-bound kids in such things as faux headboards and unique dresser knobs.
“Two of my favorite dorm trends right now are mood-boosting hues that incorporate bright and energetic colors like neon tones, and heritage styles, a nostalgic trend that embodies the traditional collegiate look with items like plaid linens, wood-toned furniture and monograms,” she said.
There’s no end to help out there, from parents swapping tips in social media groups to seasoned college students offering hacks on TikTok.
Some suggestions:
LIGHTING & CHARGING
Dorm rooms have notoriously bad light, and notoriously few electrical outlets in convenient spots. Many schools don’t allow extension cords. For power strips, which are almost always permitted, consider going vertical with a tower that offers surge protection, USB ports and outlets that can accommodate a range of differently shaped plugs.
It may be time to get a three-way charger. Storage carts, headboards and stands with charging capability are plentiful.
Use double-sided tape or hook-and-loop strips to fasten a power strip to the frame of an elevated bed for easy access.
For students so inclined, putting on makeup can be a problem that a lighted makeup mirror can solve. A desk or clip-on lamp is a must for studying. Consider a shared floor lamp. Neon signs are also popular as decorative lighting.
BEDDING & LAUNDRY
Think extra-long twin sheets, mattress protector and thick, cozy mattress pad, but do know some schools don’t allow certain types of gel toppers, Szymanski said. As for all those throw pillows, where do they go when it’s time to sleep? Usually on the perhaps-not-so-clean floor, so maybe buy fewer. Better yet, take along a body pillow.
Buying two or three sets of sheets does mean using up some already limited storage, but students not terribly laundry-responsible won’t go into crisis when the dirties pile up. And if beds are elevated for storage, get curtains to cover the clutter.
What type of laundry hamper to get is a hot topic, and depends on how far from the room the washers and dryers live. There are rolling hampers, compact mesh hampers and all manner of bags. For trekking up and down stairs, huge laundry backpacks (some with padded shoulder straps) are perfect.
A hack: Invest in a clothing steamer or wrinkle release fabric spray rather than an iron.
SHELVING & HOOKS
Extending storage with shelving is a dorm-size jigsaw puzzle. Is there room for over-the-bed shelving? Does the school permit hutches on top of desks, or provide them?
Pro tip: Not a great idea to swap sturdy shelving for an over-the-toilet bathroom version that might not be able to handle something heavy, like a microwave. Also, if a bed will be elevated but not all the way up, a tall bedside stand with extra shelves or drawers might be useful.
Ask the school: Can shelving or stands of any kind be placed in front of windows?
And remember those locker shelves from high school? Use them to extend space in a nightstand or desk.
Those Command stick-on hooks? Bring oh so many, along with the removable poster strips made not to damage walls. Also pick up a couple of over-the-door hangers for bags, coats, robes and hoodies.
CLOSETS & OTHER STORAGE
For the closet, consider sturdy vertical hanger extenders and hanging shoe and clothing storage. Yes, such storage takes up space and adds weight. Can an extra rod be installed?
Storage cubes can triple as seating and step stool, as opposed to a decorative pouf that is simply pretty and comfy.
Under-bed or in-closet storage drawers are essential, along with extra baskets, or at least a bowl for random, easily lost smaller items. Medium plastic baskets for scarves, socks and the like can be used on the top closet shelf.
CLEANING & COOLING
Vacuum cleaners are often available, but they’re usually heavy and must be lugged back and forth. Szymanski has a hack for that. Not your run-of-the-mill portable vacuum but an ultra-mini handheld and battery-operated version called the Ayla. It’s tube-like and just 11 inches tall.
Some students recommend a duster with cling power, along with a dehumidifier or air purifier.
Portable fans are tiny but mighty. Woozoo, a cult favorite, makes oscillating and remote-controlled versions.
Another Szymanski hack: A roll of Rakot75 towels for cleaning. They’re 100% bamboo, come in a 75-count roll, and each sheet can be reused up to six months. Just rinse and reuse.
Don’t forget small trash cans for the bathroom and sleeping area, after coordinating with roommates, of course, on this and other shared items.
DECOR & STYLE
Style is everything for some dorm dwellers.
“People really take pride and they really strive for a sophisticated, grown-up space,” said Adar Kirkham, a DIY designer and star of the new digital series “Freestyled” on HGTV.com. “It’s now considered cool to decorate your room.”
The pros are mixed on whether removable, peel-and-stick wallpaper is a good idea. Some schools may not allow it and it might not adhere to textured walls. Kirkham suggests using it to decorate desk drawers or other storage units.
Some kids bring along decorative mirrors to hang, rather than the usual all-body vertical kind, or they hang strings of twinkle lights.
The site Dormify.com is full of design inspiration and products. This year’s freshmen are more confident than last year’s about personalizing their dorm room, said Amanda Zuckerman, Dormify’s co-founder and CEO.
“More saturation and color is really popular, so bringing in bright pink, bright orange, bright green and turquoise,” she said.
According to Pinterest, searches are up for hippy and preppy dorm styles.
“People are increasingly searching for things like funky mirror ideas, which have tripled since last year. Indoor plant styling is also on the rise. Searching for preppy dorm room has increased 80%. Pink and blue are some really strong colors for that preppy aesthetic,” said Pinterest’s data insights lead Swasti Sarna.
BATHROOM & MISCELLANEOUS
Consider getting some scented Steripod toothbrush protectors. Dorms are dusty. Bathrooms get gross. Toothbrushes might have to be toted around. It should be changed every three months.
Bathrooms are often shared, and stuff gets mixed up. An organizer is essential. Pro tip from the trenches: Use an over-the-door organizer for bathroom stuff. Dormify sells one with a small face mirror built in.
Kirkham suggests a rolling bathroom caddy with just the essentials for quick trips in and out.
Minifridge tip: If allowed leeway on what kind to use, pick one with a separate freezer compartment. It might just guard against freezing food below. Some kids forgo the freezer completely to get more fridge space.
Kirkham, whose show premieres July 24, suggests a minifridge stand that elevates the unit and includes additional storage.
“Everything in a dorm room has to have multiple functions,” she said.
A small, portable, battery-operated blender could be useful. It doesn’t take up a lot of space and it helps students eat healthy options stored in room fridges. Szymanski likes the Blendi.
A tool kit comes in handy, as does a first aid kit. To help elevate a bed, Szymanski said, bring along a rubber mallet.
And rather than a bedside canvas caddy, try an attachable bunk bed tray table. It can hold a drink, a phone and more.
Last but not least: a permanent marker good for labeling fabric as well as plastic.
___
Follow Leanne Italie on Twitter at http://twitter.com/litalie
|
https://cw33.com/business/ap-business/from-the-college-dorm-trenches-what-to-bring-leave-at-home/
| 2022-07-20T23:17:46Z
|
NEW YORK (AP) — A controversial face recognition company that’s built a massive photographic dossier of the world’s people for use by police, national governments and — most recently — the Ukrainian military is now planning to offer its technology to banks and other private businesses.
Clearview AI co-founder and CEO Hoan Ton-That disclosed the plans Friday to The Associated Press in order to clarify a recent federal court filing that suggested the company was up for sale.
“We don’t have any plans to sell the company,” he said. Instead, he said the New York startup is looking to launch a new business venture to compete with the likes of Amazon and Microsoft in verifying people’s identity using facial recognition.
The new “consent-based” product would use Clearview’s algorithms to verify a person’s face, but would not involve its ever-growing trove of some 20 billion images, which Ton-That said is reserved for law enforcement use. Such ID checks that can be used to validate bank transactions or for other commercial purposes are the “least controversial use case” of facial recognition, he said.
That’s in contrast to the business practice for which Clearview is best known: collecting a huge trove of images posted on Facebook, YouTube and just about anywhere else on the publicly-accessible internet.
Regulators from Australia to Canada, France and Italy have taken measures to try to stop Clearview from pulling people’s faces into its facial recognition engine without their consent. So have tech giants such as Google and Facebook. A group of U.S. lawmakers earlier this year warned that “Clearview AI’s technology could eliminate public anonymity in the United States.”
Despite opposition from lawmakers, regulators, privacy advocates and the websites it scrapes for data, Clearview has continued to rack up new contracts with police departments and other government agencies. In the meantime, its growing database has helped Clearview’s artificial intelligence technology learn and grow more accurate.
One of its biggest known federal contracts is with U.S. Immigration and Customs Enforcement — particularly its investigative arm, which has used the technology to track down both the victims and perpetrators of child sexual exploitation. Clearview in March also started offering its services for free to the Ukrainian military, in part to help identify dead Russian soldiers using Clearview’s repository of about 2 billion images scraped from Russian social media website VKontakte.
“They’ve been able to identify dead bodies, even with facial damage,” Ton-That said Friday.
The official minutes from a March 17 hearing in a Chicago federal court said that Clearview AI was “considering selling the app platform to other entities,” citing one of the lawyers who’s been defending the company in a case involving alleged violation of an Illinois digital privacy law.
The minutes also said the “sale of Clearview’s app” would be discussed further once the company discloses more details to the plaintiffs. Illinois’ Biometric Information Privacy Act allows consumers to sue companies that don’t get permission before harvesting data such as faces and fingerprints.
Ton-That said the minutes incorrectly relayed what the company was trying to tell the judge about potentially expanding its business beyond law enforcement uses.
“We let the court know we’re exploring this idea,” he said Friday, noting the company’s previous assertions that it was only selling its services to law enforcement.
Asked about future commercial applications during an interview with the AP in late February, Ton-That emphasized his company’s ongoing focus on police work.
“We’re really focused on law enforcement right now,” he said, describing how the company’s mission had evolved from commercial applications into helping to solve crime.
“We looked at all different kinds of use cases: building security, ID checks, even hotels, hospitality,” he said. “But when we gave this to law enforcement, we saw such amazing success right away where they could ID so many victims of crime or perpetrators of it that it was a kind of a no-brainer at that point to really focus on that kind of use case.”
He added at the time that if the company shifted to other uses, it would let the public and courts know about it. He downplayed what he described as the “lofty goals” that Clearview pitched to prospective investors in a document the Washington Post reported on in February.
The Post said the company’s financial presentation from December proposed a variety of potential commercial uses of Clearview technology, including to monitor “gig economy” workers or provide companies with “real-time alerts” if certain people are detected, and boasted of a face-image database that’s growing so large that “almost everyone in the world will be identifiable.”
A lawyer representing activists suing Clearview on privacy grounds in California said Friday her clients are most concerned about the government’s use of the technology to track protesters and immigrants, but any usage based on Clearview’s “unauthorized capture and sale” of faceprints could violate privacy rights.
“The future potential uses for Clearview appear to be a moving target,” said Sejal Zota, legal director of Just Futures Law. “And the scale is terrifying.”
———
O’Brien reported from Providence, Rhode Island.
|
https://cw33.com/technology/ap-technology/face-scanner-clearview-ai-aims-to-branch-out-beyond-police/
| 2022-04-02T19:22:50Z
|
Granny got game: Granny Basketball League comes to Ardmore
ARDMORE, Okla. (KXII) - Basketball season may be nearing its end but a special league came through Ardmore on Saturday featuring players with decades of experience.
This league isn’t unlike other basketball leagues.
The players practice hard, they play hard, and the even travel across the country for games.
But one of the key differences is that in this league every shot is a granny shot.
The Granny Basketball league started in 2005 with just a couple teams in Iowa.
Since then its exploded to over 40 teams in 9 states.
“This is 1920s rules so you see our uniforms we wear bloomers and if you look at 1920s womens basketball they have this same uniform,” said Oklahoma All Stars captain Lori Rupert. “So the only difference you can tell on the team is their socks.” (Lori)
They don’t just dress like the 1920s players, they play by the same rules.
“We have two that play in center, two that play as forwards and two that play as guards,” Rupert said. “And there’s no running, there’s no jumping. " (Lori)
“A lot of people think its a slower game,” said Oklahoma Rockers captain Kimberly Tomes. “But since you can only dribble twice you’ve really got to move more and get open so it actually to me makes it a faster game.”
Most of these women are former high school and college stars and that competitive spirit hasn’t faded with age.
“My oldest person on my team is 84,” Tomes said. “o we all do the warm ups we all practice I make everybody shoot so many, make so many every practice whether they’re just shooter or guarding.”
The league has given former athletes a chance to relive their playing days and introduced them to teammates and competitors that they now call friends.
“We’ve mad lots of friends,” Tomes said. “We’ve traveled kind of over the Midwest so just making all the friendships and meeting new people from different teams has been awesome.”
Copyright 2022 KXII. All rights reserved.
|
https://www.kxii.com/2022/04/02/granny-got-game-granny-basketball-league-comes-ardmore/
| 2022-04-03T13:49:49Z
|
VANCOUVER, BC, Sept. 12, 2022 /PRNewswire/ - New Pacific Metals Corp. ("New Pacific" or the "Company") (TSX: NUAG) (NYSE-A: NEWP), together with its local Bolivian partner, is pleased to announce assay results for the first drill hole from the Discovery Drill Program at the Silverstrike Project, in the Department of La Paz, Bolivia ("Silverstrike"). The drill hole intersected broad gold mineralization starting near-surface. Seven holes have been drilled to date since the start of the program in June 2022. Assay results of the remaining six holes are pending.
Drill hole DSSk0001 intersected a broader interval of 195.05 metres ("m") (from 10.22 m to 205.27 m) grading 0.96 grams per tonne ("g/t") gold ("Au") and 6 g/t silver ("Ag"), including an interval of 111.39 m (from 12.61 m to 124.00 m) grading 1.54 g/t Au and 8 g/t Ag, and a higher grade near-surface sub-interval of 36.06 m (from 12.61 m to 48.67 m) grading 3.97 g/t Au and 20 g/t Ag (Table 1).
Hole DSSk0001 was drilled to test the continuous surface chip sampling results of 42m interval grading 1.02 g/t Au and 18 g/t Ag (please refer to the Company's news release on June 14, 2022). Figures 1 & 2 show the drill hole location and geological cross section. Gold mineralization discovered is hosted in volcanic clastic sediments (breccia or ignimbrites) that extend to North and North-East with fractures dipping at high angles to the east. The ignimbrite or breccia host rock for gold is similar to the Company's gold discovery at the Carangas Project, in the Department of Oruro, Bolivia.
This discovery marks another milestone following the Company's discoveries made at Silver Sand and Carangas, displaying the Company's capability of growing its shareholders' value through careful project identification, acquisition, thorough geological study and well-planned drilling.
The Silverstrike Discovery Drill Program commenced in June 2022. To date, 2,030 m have been drilled in seven diamond drill holes (Table 2) at the Silverstrike Central Prospect.
In recent news releases, the Company has identified 1) multiple near-surface broad-zones of silver mineralization hosted in altered sandstones at Silverstrike North, similar to the mineralization style at Silver Sand, and 2) a near-surface broad silver zone near the top of a ~900 m diameter volcanic dome of ignimbrite units with the intrusion of rhyolite dyke swarm and andesite flows, and a broad gold zone half way from the top of the dome, at Silverstrike Central. The initial focus of this drilling program is to test the near surface broad gold zone and silver zone at Silverstrike Central (Figure 1).
All samples in respect of the exploration program at the Silverstrike Project, conducted by the Company and discussed in this news release, are shipped in securely-sealed bags by New Pacific staff in the Company's vehicles, directly from the field to ALS Global in Oruro, Bolivia for preparation, and ALS Global in Lima, Peru for geochemical analysis. ALS Global is an independent ISO 17025 accredited laboratory. All samples are first analyzed by a multi-element ICP package (ALS code ME-MS41) with ore grade over specified limits for silver, lead and zinc further analyzed using ALS code OG46. Further silver samples over specified limits are analyzed by gravimetric analysis (ALS code of GRA21). Gold is assayed by fire assay with AAS finish (ALS code of Au-AA25). Certified reference materials, various types of blank samples and duplicate samples are inserted to normal drill core sample sequences prior to delivery to the laboratory for preparation and analysis. The overall ratio of quality control samples in sample sequences is around twenty percent.
The scientific and technical information contained in this news release has been reviewed and approved by Alex Zhang, P. Geo., Vice President of Exploration, who is a Qualified Person for the purposes of National Instrument 43-101 — Standards of Disclosure for Mineral Projects ("NI 43- 101"). The Qualified Person has verified the information disclosed herein, including the sampling, preparation, security and analytical procedures underlying such information, and is not aware of any significant risks and uncertainties that could be expected to affect the reliability or confidence in the information discussed herein.
New Pacific is a Canadian exploration and development company with precious metal projects in Bolivia. The Company's flagship Project, the Silver Sand Silver Project, is waiting for a new Mineral Resource Estimate Update and a PEA by the end of 2022. Recently discovered Caragas Silver-Gold Project is undergoing a 40,000 m drill program. The third project, the Silverstrike Silver-Gold Project, commenced a 6,000 m discovery drill program in June 2022.
For further information, please contact:
New Pacific Metals Corp.
Phone: (604) 633-1368
U.S. & Canada toll-free: 1-877-631-0593
E-mail: invest@newpacificmetals.com
For additional information and to receive company news by e-mail, please register using New Pacific's website at www.newpacificmetals.com.
Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws. Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements or information. Such statements include, but are not limited to: statements regarding anticipated exploration, drilling, development, construction, and other activities or achievements of the Company; timing of receipt of permits and regulatory approvals; timing and content of the PEA, and estimates of the Company's revenues and capital expenditures.
Forward-looking statements or information are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements or information, including, without limitation, risks relating to: global economic and social impact of COVID-19; fluctuating equity prices, bond prices, commodity prices; calculation of resources, reserves and mineralization, general economic conditions, foreign exchange risks, interest rate risk, foreign investment risk; loss of key personnel; conflicts of interest; dependence on management, uncertainties relating to the availability and costs of financing needed in the future, environmental risks, operations and political conditions, the regulatory environment in Bolivia and Canada, risks associated with community relations and corporate social responsibility, and other factors described under the heading "Risk Factors" in the Company's Annual Information Form for the year ended June 30, 2021 and its other public filings.
This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements or information.
The forward-looking statements are necessarily based on a number of estimates, assumptions, beliefs, expectations and opinions of management as of the date of this news release that, while considered reasonable by management, are inherently subject to significant business, economic and competitive uncertainties and contingencies. These estimates, assumptions, beliefs, expectations and options include, but are not limited to, those related to the Company's ability to carry on current and future operations, including: the duration and effects of COVID-19 on our operations and workforce; development and exploration activities; the timing, extent, duration and economic viability of such operations; the accuracy and reliability of estimates, projections, forecasts, studies and assessments; the Company's ability to meet or achieve estimates, projections and forecasts; the stabilization of the political climate in Bolivia; the Company's ability to obtain and maintain social license at its mineral properties; the availability and cost of inputs; the price and market for outputs; foreign exchange rates; taxation levels; the timely receipt of necessary approvals or permits, including the ratification and approval of the Mining Production Contract with COMIBOL by the Plurinational Legislative Assembly of Bolivia; the ability of the Company's Bolivian partner to convert the exploration licenses at the Carangas Project to AMC; the ability to meet current and future obligations; the ability to obtain timely financing on reasonable terms when required; the current and future social, economic and political conditions; and other assumptions and factors generally associated with the mining industry.
Although the forward-looking statements contained in this news release are based upon what management believes are reasonable assumptions, there can be no assurance that actual results will be consistent with these forward-looking statements. All forward-looking statements in this news release are qualified by these cautionary statements. Accordingly, readers should not place undue reliance on such statements. Other than specifically required by applicable laws, the Company is under no obligation and expressly disclaims any such obligation to update or alter the forward-looking statements whether as a result of new information, future events or otherwise except as may be required by law. These forward-looking statements are made as of the date of this news release.
The technical and scientific information contained herein has been prepared in accordance with NI 43-101, which differs from the standards adopted by the U.S. Securities and Exchange Commission (the "SEC"). Accordingly, the technical and scientific information contained herein, including any estimates of mineral reserves and mineral resources, may not be comparable to similar information disclosed by U.S. companies subject to the disclosure requirements of the SEC.
Additional information relating to the Company, including the Company's Annual Information form, can be obtained under the Company's profile on SEDAR at www.sedar.com, on EDGAR at www.sec.gov, and on the Company's website at www.newpacificmetals.com.
View original content to download multimedia:
SOURCE New Pacific Metals Corp.
|
https://www.kxii.com/prnewswire/2022/09/12/new-pacific-intercepts-111-metres-grading-154-grams-per-tonne-gold-near-surface-silverstrike-project/
| 2022-09-12T10:44:26Z
|
SHENZHEN, China, July 1, 2022 /PRNewswire/ -- Guangdong, Hong Kong, and Macao are entering a new era of fast growth in sci-tech innovation and cooperation. On June 30, Guangdong-Hong Kong-Macao Sci-Tech Innovation Cooperation Forum was held in Qianhai, Shenzhen. The forum aimed to promote the reform of mechanisms for sci-tech development, better connect the innovation chains between the Chinese mainland and the two SARs, and boost the tripartite cooperation in sci-tech innovation. Representatives from universities, research institutions, and business associations attended the forum online and offline, according to Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone.
Mr. Alfred Sit Wing-hang, Secretary for Innovation and Technology of HKSAR, said in his speech that Hong Kong has entered a golden era of sci-tech innovation, and the Greater Bay Area is definitely the best partner for HK in this respect.
Qianhai authority and the University of Hong Kong (HKU) signed, at the forum, an agreement on strategic cooperation to jointly support the development of entrepreneurship academy, research institutes of financial technology, advanced legal studies, and the frontier sci-tech industrial park, as well as the construction of a carbon-neutral pilot demonstration zone in Qianhai. All of these will give the city an edge in international cooperation and competition by accelerating the reform and updating of the sci-tech innovation mechanism and enhancing the opening up of financial industry and legal affairs.
Hong Kong people who are optimistic about the prospect of Qianhai in sci-tech innovation have long been practitioners of the collaborative innovation of Guangdong, HK and Macao. They are the so-called "tide makers" of the new era.
Patrick Chiang, a Hong Kong veteran in the electrical industry, came across the business environment in Qianhai last year and was deeply impressed. Three days later, he decided to set up his business headquarters here. "I'm thrilled by Qianhai's technological innovation and entrepreneurial environment," Mr. Chiang said in an interview. "With many technological talents gathering there, projects can proceed smoothly. It's easier to find the right supporting manufacturers. Besides, various policies help to reduce the costs for the company."
Last year, Qianhai International Talent Hub was developed. More and more young people in Hong Kong were attracted to start a business in Qianhai. For example, LEE Jee Bong, a member of the Hong Kong younger generation, is chasing his sci-tech innovation dream here. "In Qianhai, my company develops faster. Now, the staff number has grown many folds. We have taken in talents from Shenzhen, and even from all over the country. Last year, we were granted the national high-tech certification. And our products have been used by quite a lot of domestic Fortune 500 enterprises."
Previously, Qianhai has launched the "2022 Annual Talent Recruitment Action", through which a mechanism is established to collaborate with Hong Kong's employment sector, to facilitate Hong Kong youth's employment in Shenzhen with incentives, housing for talents and other supporting policies. All of these have paved the way for Hong Kong young people to excel themselves in Qianhai.
"Qianhai helps us to reduce the living burdens, so that we can feel at ease to start a business and concentrate on making better products and better business," said Mr. Lee. There is no doubt to him that Qianhai has become the preferred destination, or even the first choice for Hong Kong people to fulfill their dream in the mainland.
View original content:
SOURCE Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone
|
https://www.wibw.com/prnewswire/2022/07/01/gba-forum-sci-tech-innovation-cooperation-held-qianhai-shenzhen/
| 2022-07-01T14:24:57Z
|
CAXIAS DO SUL, Brazil, Aug. 11, 2022 /PRNewswire/ -- Randon S.A – Implementos e Participações (B3 - RAPT3 and RAPT4), reports its results for the second quarter of 2022 (2Q22), ended in 06/30/2022. The financial and operating information of the Company, except when otherwise stated, are consolidated in accordance with the international standards of IFRS – International Financial Reporting Standards and the monetary values are denominated in Reais.
HIGHLIGHTS
The main highlights of the 2Q22 are as follows:
- Consolidated Net Revenue amounted to R$ 2.8 billion in 2Q22, 31.2% up from 2Q21.
- International market revenues amounted to US$ 112.5 million in 2Q22, 57.7% up from the same period in 2021.
- Consolidated EBITDA reached R$ 362.0 million in 2Q22, 12.2% up from 2Q21, with a consolidated EBITDA margin of 13.1%.
- Net Profit amounted to R$ 104.5 million, with net margin of 3.8% in 2Q22.
VIDEO CONFERENCE CALL RESULTS
View original content:
SOURCE Randon S.A. Implementos e Participações
|
https://www.kxii.com/prnewswire/2022/08/11/randon-reports-second-quarter-2022-results/
| 2022-08-12T00:23:38Z
|
Trading app furthers commitments to financial literacy and stock education with new features
PALO ALTO, Calif., Sept. 2, 2022 /PRNewswire/ -- Moomoo, the next-generation one-stop digital financial service platform, launched its third Moomoo Tutorial Video Challenge focusing on its new earnings calendar feature on September 1.
The moomoo app's new earnings calendar feature allows investors to track the reporting calendars, recent announcements and stock valuation of publicly-traded companies expected to release investor information during earnings season. Additionally, the app now features earnings interpretations to help investors make educated decisions about their investments as new data becomes available—whether they're at home or on the go, thanks to moomoo's mobile-friendly UI.
Additionally, moomoo has announced that final round of voting is now open for the latest Tutorial Video Challenge. Nine investing YouTubers—including technical analysts, financial influencers and personal finance experts—have made it to the final round after submitting competing videos exploring the moomoo app's new earnings calendar feature.
The Dream Green Show, the YouTuber who participated in this challenge, described earnings calendar in his video as "one of the tools I use at this platform that will take your investing to the next level."
All moomoo users will vote for the best videos in the following two weeks, and the top three winners will be awarded US$ 3000, 2000 and 1000 cash coupons, respectively. All competitors will receive a certificate and a MooCreator badge for their efforts on promoting professional investing and sharing investing experience.
Designed to both showcase the valuable earnings calendar function offered by the moomoo app and provide a platform to those in the investing community that share moomoo's commitment to broader financial literacy and investing education, the Tutorial Video Challenge was designed to help every investor connect with the insights and information that resonate with them best.
Vote for the best video through this link: https://rgrowth.moomoo.com/fego/kol-feature-match-3
Engaging investment influencers to continue financial literacy commitment
This Tutorial Video Challenge is the third in a successful series highlighting moomoo's new app features and usability. Previously, moomoo had successfully organized two other Tutorial Video challenges in June and July, attracting influential YouTubers whose followers added up to nearly 2.5 million, and gaining over 235,000 votes in total.
In the first challenge, YouTubers produced videos about moomoo's institutional tracking feature, which enables investors to see and understand the portfolios held by those biggest market players such as Berkshire Hathaway, Soros Capital and ARK Investment. The popular YouTuber Stock Moe, won the first challenge with a total of 20,880 votes.
The second challenge focused on moomoo's stock screener feature, which allows investors to accurately and quickly filter stocks with parameters including industry sectors, industry indicators, financial indicators, technical indicators, and other market performance indicators. Investors can customize the screener with more than 100 advanced indicators to find the market spotlights and build their own trading strategy with AI support.
Trade The Trader, the YouTuber who mainly focuses on analyzing penny stocks and company financial conditions index, gained 41,336 votes and ranked first among all the competitors in the second challenge.
Since its launch in the U.S. in 2018, moomoo has promoted financial literacy, investment education and responsible investing for all market participants. As of June 2022, moomoo and its sister brand Futubull have rolled out nearly 2,500 investing courses online, with a focus on delivering easy-to-learn content in a variety of formats in order to best equip investors with concepts and tactics to navigate diverse challenges and capture opportunities in the volatile market.
About moomoo
Moomoo is a next-generation one-stop digital financial services platform created by Moomoo Technologies Inc., a fintech company based in Palo Alto, California.
Moomoo integrates trading, market data, and social networking with advanced features, such as AI-powered analytics and anomaly detection functions. It supports free online account-opening and provides access to trade stocks and ETFs in multiple global markets such as the United States, Hong Kong SAR, Singapore, and Australia. Moomoo and its brand affiliates also offer rich investor education content and an interactive online community with over 18 million users in more than 200 countries globally.
Moomoo's parent company is the Nasdaq-listed fintech company Futu Holdings Limited ("Futu"), which is headquartered in Hong Kong SAR. Futu's subsidiary is also one of the largest brokerages in Hong Kong SAR. On March 8, 2019, Futu was listed on Nasdaq (stock symbol: FUTU).
For more information, please visit moomoo's official website at www.moomoo.com.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. Securities are offered through Moomoo Financial Inc., Member FINRA/SIPC. The creator is a paid influencer and is not affiliated with Moomoo Financial Inc. (MFI), Moomoo Technologies Inc. (MTI) or any other affiliate of them. The experiences of the influencer may not be representative of the experiences of other moomoo users. Any comments or opinions provided by the influencer are their own and not necessarily the views of MFI, MTI or moomoo. They do not endorse any trading strategies that may be discussed or promoted herein and are is not responsible for any services provided by the influencer. This advertisement is for informational and educational purposes only and is not investment advice or a recommendation to engage in any investment or financial strategy. Investing involves risk and the potential to lose principal. Investment and financial decisions should always be made based on your specific financial needs, objectives, goals, time horizon and risk tolerance. Any images shown are strictly for illustrative purposes.
Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. In the U.S., investment products and services on Moomoo are offered by Moomoo Financial Inc., Member FINRA/SIPC. Any illustrations, scenarios, or specific securities referenced herein are strictly for illustrative purposes. Past investment performance does not guarantee future results. Investing involves risk and the potential to lose principal.
View original content to download multimedia:
SOURCE moomoo Inc.
|
https://www.mysuncoast.com/prnewswire/2022/09/02/moomoo-launches-new-earnings-feature-opens-final-voting-tutorial-video-challenge/
| 2022-09-02T11:02:35Z
|
PARK RIDGE, Ill., Aug. 3, 2022 /PRNewswire/ -- Leaders of the American Association of Nurse Anesthesiology (AANA) congratulated Shereef Elnahal, MD, on his confirmation as Undersecretary for Health of the U.S. Department of Veterans Affairs (VA) and pledged the AANA's continued support of the VA to ensure that the nation's veterans receive timely, expert, quality care.
In an Aug. 1 letter to the undersecretary, AANA CEO Bill Bruce, MBA, CAE, highlighted the critical role Certified Registered Nurse Anesthetists (CRNAs) play in the VA healthcare system. Bruce requested a meeting with the new undersecretary to continue the AANA's discussions with the agency on the need for permanently expanding full practice authority within the scope of CRNA licensing for providing anesthesia services to veterans in every state.
Standardizing the most efficient anesthesia care delivery models across the country will help ensure veterans receive consistently safe and high-quality care in all VHA facilities, said Bruce. "VHA's failure to utilize the safest and most efficient models of care is making our veterans wait too long for the critical care they have earned and deserve."
"Nurse anesthetists are experienced and highly trained anesthesia professionals who provide high-quality patient care, demonstrated through evidence in decades of scientific research," wrote Bruce. "More than 1,000 CRNAs are available in the VHA to provide every type of anesthesia care as well as chronic pain management services to veterans."
"We appreciate the work the agency has already accomplished to protect our nation's veterans, especially during the [COVID-19] public health emergency," wrote Bruce. The public health emergency "has shown the urgent need for healthcare professionals to care for patients and also highlights the important role that CRNAs play in our healthcare system, especially when workforce barriers to practice are eliminated both at the state and federal levels," he said.
In April 2020, the VA issued Directive 1899, which allowed healthcare professionals, including CRNAs, to practice and operate at the top of their education and state scope of practice. The following fall, the VA issued an interim final rule confirming that VA healthcare professionals, including CRNAs, may practice their profession consistent with the scope and requirements of their VA employment, notwithstanding any state license, registration, certification, or other requirements that unduly interfere with their practice. The rulemaking also confirms the VA's authority to establish national standards of practice for healthcare professionals, which will standardize a healthcare professional's practice in all VA medical facilities.
CRNAs are the primary providers of anesthesia to U.S. military personnel. The ability of CRNAs to provide high-quality care, even under the most difficult circumstances, has been recognized by every branch of the U.S. military. CRNAs have full practice authority in the Army, Navy, and Air Force and are the predominant provider of anesthesia on forward surgical teams and in combat support hospitals, where 90 percent of forward surgical teams are staffed by CRNAs.
"We appreciate the VA and VHA's recognition of CRNAs' skills and value to healthcare, including the work on Directive 1899 that emphasized the importance of allowing CRNAs to practice to the full extent of their training," said Bruce.
"We strongly applaud the move by the VHA to remove barriers to care for our nation's veterans, including encouraging facilities to implement full practice authority for CRNAs, to allow them to practice to the top of their scope and education. This move allowed the VHA greater flexibility to care for our veterans, in a more efficient and cost-effective way that increases access to care," he wrote. "Our nation's veterans deserve access to timely, cost-effective, and high-quality care within the VA health system. Removing unnecessary supervision and implementing permanent FPA for CRNAs will improve healthcare and practice excellence by increasing veterans' access to a safe, high-quality healthcare workforce in the VA."
View original content to download multimedia:
SOURCE American Association of Nurse Anesthesiology
|
https://www.mysuncoast.com/prnewswire/2022/08/03/aana-congratulates-new-undersecretary-health-veterans-affairs-pledges-support-va-americas-veterans/
| 2022-08-03T22:13:12Z
|
NEWTOWN, Penn., June 3, 2022 /PRNewswire/ -- Philadelphia area fans now have another Rally House store they can turn to for stylish apparel, accessories, and gifts, and that's Rally House Newtown. This locally driven, family-owned sports and merchandise retailer is ecstatic to open a new location in Newtown, PA, giving more residents and visitors high-quality products to browse. Customers can find this store at the Village at Newtown shopping center between PA-532 and Sycamore St.
This Newtown store marks the 12th Rally House location in the Philadelphia market, showcasing the company's continually growing bond with this area. "It's always a blast working with Philly fans," explains Senior District Manager Rebecca Young. "Now, we get to look forward to working with even more pumped-up fans as they explore all the awesome sports gear and local apparel in stock at Rally House Newtown!"
Shoppers won't have any difficulties locating the team gear they want when visiting Rally House Newtown, especially with brands like Nike, '47, and Mitchell & Ness. This store carries a wide range of official jerseys, hats, and accessories for area favorites like the Philadelphia Eagles, Phillies, and 76ers. There's also a large assortment of college gear available for the Penn State Nittany Lions, Temple University Owls, and Villanova Wildcats.
Rally House provides a tailored, area-specific selection of localized merchandise and apparel at each store, including Rally House Newtown. This new Rally House location offers numerous products representing beloved hometown businesses and themes like the Philly Pretzel Factory, Rocky, and many more.
Patrons will have an extraordinary shopping experience every time they visit Rally House Newtown, as there's a friendly staff and tons of merch to shop. For added convenience, there's a full inventory of products available online at www.rallyhouse.com, with shipping options for every state.
Stay informed on store news by visiting www.rallyhouse.com/rally-house-newtown or follow Rally House Newtown on Facebook (@RallyNewtown) and Rally House Newtown on Instagram (@rallynewtown).
Rally House and Sampler Stores Inc. is a family-owned specialty boutique that offers a large selection of apparel, hats, gifts and home décor representing local NCAA, NFL, MLB, NBA, NHL, and MLS teams in addition to locally inspired apparel, gifts and food. Proudly based in Lenexa, Kansas, Rally House operates 100+ locations across 13 states.
CONTACT:
Rebecca Young, Senior District Manager
ryoung@rallyhouse.com
View original content to download multimedia:
SOURCE Rally House
|
https://www.kxii.com/prnewswire/2022/06/03/new-rally-house-store-lands-philadelphia-market/
| 2022-06-03T17:51:34Z
|
TRUCKEE, Calif., Sept. 13, 2022 /PRNewswire/ -- Southwest Gas Corporation (Southwest Gas or Company), as part of our commitment to meet our customers' goals for sustainable energy and achieve economy-wide carbon reduction targets, is translating purpose into action with its proposed hydrogen-blending demonstration project (Project) filed with the California Public Utilities Commission (CPUC) on September 8, 2022. The Project was submitted as part of a Joint Application with Southern California Gas Company and San Diego Gas and Electric Company, that also filed proposed hydrogen projects within their respective service territories. Southwest Gas' Project proposal, if approved, will produce vital information toward implementing meaningful, practical and sustainable energy solutions with measurable impact toward the Truckee Town Council's goal of an 80% reduction in greenhouse gas (GHG) emissions by 2040 and further contributes to Southwest Gas' larger efforts and integral role in supporting economy-wide climate and environmental goals.
The Company's Project aims to establish critical knowledge complementary to the other joint utility Applicants' demonstration projects while uniquely targeting hydrogen-blending scenarios in extreme cold weather and high-elevation conditions, such as those experienced in the Truckee area. Hydrogen, an efficient energy carrier like natural gas, can be blended with traditional natural gas or renewable natural gas (RNG). Yet knowledge gaps exist surrounding the optimal percentages of hydrogen blends in extreme climates – Southwest Gas' Project will help to close these knowledge gaps to ensure safety, system integrity and reliability. Moreover, the Company has committed to employing new sustainable technologies to assist the Town of Truckee in achieving their environmental sustainability priorities.
Given the extreme weather spectrum across California, the Town of Truckee presents a unique opportunity to determine optimal hydrogen-blend percentages in extremely cold areas. The mountain community in the northern Sierra Nevada Mountain Range sits at an elevation of 5,817 feet and experiences average low temperatures below freezing eight months out of the year. These climates necessitate higher heating demands and make use of different end-use appliances such as generators, radiant heaters, furnaces and boilers.
Over an 18-month period, the Project will test a blend of 5% to 20% hydrogen with natural gas, flowing through plastic and steel pipelines. The hydrogen used in this test is created through the process called electrolysis which separates hydrogen from oxygen in water – a low- to no-carbon generating process that releases oxygen beneficially into our atmosphere and stores hydrogen for use, further reducing GHG emissions. This Project aims to provide critical data that will help the creation of the nation's first hydrogen-injection standard for natural gas operators.
"Southwest Gas is committed to offering sustainable solutions for our customers to meet or exceed their expectations. This project is an example of this commitment to partner with our communities on projects that enhance the quality of life in our service territories and provide sustainable energy solutions. Integral to the success of meeting economy-wide net-zero goals are revolutionary technologies and services that will unleash innovation and enhance global energy reliability. Hydrogen and RNG are powerful solutions for our energy future that are helping to transform how we fuel our lives, homes and businesses while honoring our commitment to environmental stewardship and emissions reductions for long-term change," said Dr. Laura S. Nelson, vice president of sustainability and public policy.
This Project proposal is just one of several of the Company's hydrogen pilot programs supporting environmental efforts as part of larger sustainability initiatives, which include hydrogen blending and/or electrolysis projects with the University of Nevada, Las Vegas (UNLV); Arizona State University (ASU); and Gas Technology Institute (GTI). These initiatives are embracing innovation and supporting sustainability and climate and environmental goals throughout our service territories and communities.
Southwest Gas Corporation is a dynamic energy company proudly delivering safe, reliable and affordable natural gas to over two million customers throughout Arizona, California and Nevada and is committed to exceeding our customers' expectations while innovating sustainable energy solutions for tomorrow. For more information about how Southwest Gas is supporting a sustainable energy future, please visit www.swgas.com/sustainability.
View original content to download multimedia:
SOURCE Southwest Gas Corporation
|
https://www.kxii.com/prnewswire/2022/09/13/southwest-gas-truckee-hydrogen-project-looks-forward-sustainable-energy-future/
| 2022-09-13T20:17:41Z
|
Did you lose money on investments in Teladoc Health? If so, please visit Teladoc Health, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, June 7, 2022 /PRNewswire/ -- Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of Teladoc Health, Inc. ("Teladoc" or the "Company") (NYSE: TDOC) between October 28, 2021 and April 27, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Southern District of New York and alleges violations of the Securities Exchange Act of 1934.
Teladoc provides virtual healthcare services in the U.S. and internationally through Business-to-Business ("B2B") and Direct-to-Consumer ("D2C") distribution channels. The Company offers its customers various virtual products and services addressing, among other medical issues, mental health through its BetterHelp D2C product, and chronic conditions.
Teladoc touts itself as "the first and only company to provide a comprehensive and integrated whole person virtual healthcare solution that both provides and enables care for a full spectrum of clinical conditions[.]" Despite recent market concerns over new entrants to the telehealth field, such Amazon.com, Inc. ("Amazon") and Walmart Inc. ("Walmart"), the Company has continued to assure investors of the Company's dominant market position in the industry.
Plaintiff alleges that Defendants made materially false and misleading statements throughout the Class Period. Specifically, Plaintiff alleges that Defendants failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) 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; and (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge.
On April 27, 2022, Teladoc announced its first quarter ("Q1") 2022 financial results, including revenue of $565.4 million, which missed consensus estimates by $3.23 million, and "[n]et loss per share of $41.58, primarily driven by [a] non-cash goodwill impairment charge of $6.6 billion or $41.11 per share[.]" Additionally, the Company revised its FY 2022 revenue guidance to $2.4 - $2.5 billion and adjusted EBITDA guidance to $240 - $265 million "to reflect dynamics we are currently experiencing in the [D2C] mental health and chronic condition markets." On a conference call with investors and analysts that day to discuss Teladoc's Q1 2022 results, Defendants largely attributed the Company's poor performance, revised FY 2022 guidance, and $6.6 billion non-cash goodwill impairment charge to increased competition in its BetterHelp and chronic care businesses.
On this news, the Company's stock price fell over 40% to close at $33.51 per share on April 28, 2022.
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. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased TDOC securities, and/or would like to discuss your legal rights and options please visit Teladoc Health, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
View original content to download multimedia:
SOURCE Bernstein Liebhard LLP
|
https://www.mysuncoast.com/prnewswire/2022/06/07/teladoc-health-inc-nyse-tdoc-shareholder-class-action-alert-bernstein-liebhard-llp-announces-that-securities-class-action-lawsuit-has-been-filed-against-teladoc-health-inc-nyse-tdoc/
| 2022-06-07T22:22:01Z
|
Contract approved to widen I-35 to six lanes near Thackerville
THACKERVILLE, Okla. (KXII) - ODOT announced a new project will widen 1-35 from four to six lanes at the state line.
According to the Oklahoma Department of Transportation, commissioners voted on May 5, 2022 to award a more than $11 million contract to widen I-35 from four to six lanes.
The project will go up to Rogers Road/ Winstar Blvd. just north of the Texas state line near Thackerville.
Two lanes of I-35 will remain open in each direction during construction, which is expected to take about six months to complete.
According to the Oklahoma Department of Transportation, the widening project will connect with an upcoming partnership project by the Texas Department of Transportation, the Chickasaw Nation and ODOT to widen I-35 from Gainesville across the Red River into Oklahoma.
“Texas is in the final phases of widening I-35 to eight lanes from Dallas north to the Red River, which tells us what’s coming in terms of traffic growth along that corridor,” Gatz said. “We have to get I-35 widened to six lanes in Southern Oklahoma and must have solutions in place to provide reliever routes to help manage that increased traffic coming through the Oklahoma City metro area.”
Copyright 2022 KXII. All rights reserved.
|
https://www.kxii.com/2022/05/12/contract-approved-widen-i-35-six-lanes-near-thackerville/
| 2022-05-12T17:24:33Z
|
BOCA RATON, Fla., June 30, 2022 /PRNewswire/ -- MDVIP, the market leader in personalized healthcare, today announced that board-certified family physician Drew E. Maris, M.D. has opened a new MDVIP-affiliated practice in San Rafael, California. Dr. Maris, who has been practicing for 20 years, joins MDVIP's network of 1,100 primary care physicians nationwide, including more than 15 in the Bay Area, who deliver a better healthcare experience with an emphasis on wellness and prevention.
"My goal as a family doctor is to build a strong long-term relationship with patients and help them achieve positive health outcomes through all stages of life," said Dr. Maris, whose practice serves Marin and Santa Cruz counties. "While many people aren't worried about having major medical issues in their 30s and 40s, it's important to schedule annual visits to evaluate and discuss your risk factors for disease and work with a physician on improving the areas of health that are most important to you and your longevity."
MDVIP-affiliated physicians maintain significantly smaller practices, allowing them to spend more time with patients and provide more individualized primary care compared to traditional practices. For an annual membership fee, patients receive the MDVIP Wellness Program, a comprehensive yearly health assessment that includes advanced diagnostic tests and screenings to give a more complete view of the patient's overall health. Using the results, physicians provide ongoing coaching and tools to help patients make healthier lifestyle choices, prevent disease and achieve their wellness goals.
Other benefits include same or next-day appointments that start on time and last an average of 30 minutes. Physicians are reachable 24/7 by phone, and many offer telehealth appointments for services that can be performed remotely. In addition, the MDVIP Connect app and website allow patients to communicate with their doctor online, access personal health records and obtain meal plans, workout programs and other healthcare resources. Should an emergent need arise while a patient is traveling, physicians can help arrange care with a local hospital, pharmacy or doctor, which may include another MDVIP affiliate.
MDVIP is at the forefront of healthcare research, with ten published studies in peer-reviewed medical journals. Findings demonstrate better health outcomes among patients in MDVIP-affiliated practices compared to those in traditional primary care practices, including:
- 79% fewer hospitalizations for Medicare patients
- 72% fewer hospitalizations for commercially insured patients
- $300 million savings for Medicare in one year
- 40% more patients identified at risk for cardiovascular disease using advanced testing
MDVIP has also partnered with the global research firm Ipsos to conduct national "consumer IQ" surveys addressing Americans' knowledge and views on major health concerns, including men's health, women's health, brain health, heart disease and obesity.
Dr. Maris received his medical degree from the University of California, Irvine School of Medicine and completed his internship and residency in Family Medicine at Catholic Healthcare West – Methodist Hospital (now called Dignity Health) in Sacramento. He is board certified in both Family Medicine and in Hospice and Palliative Medicine and is affiliated with MarinHealth Medical Center (formerly Marin General) in Greenbrae. Dr. Maris is also a certified psychotherapist and teacher of the Hakomi Method, a form of mindfulness-centered somatic psychotherapy. His passions include teaching and powerlifting, and he offers community education on various health topics, such as exercise and nutrition.
For more information about Dr. Maris, visit https://www.mdvip.com/doctors/DrewMarisMD.
Click here for a list of all MDVIP-affiliated physicians in the San Francisco Bay Area.
MDVIP leads the market in membership-based healthcare that goes far beyond concierge medicine services with a national network of more than 1,100 primary care physicians serving 368,000 patients. Published research shows that the MDVIP model identifies more patients at risk for cardiovascular disease, delivers more preventive health services and saves the healthcare system hundreds of millions of dollars through reduced hospitalizations and readmissions. In response to growing consumer demand for a more personalized healthcare experience, hospital systems are incorporating the MDVIP model into their primary care offering. MDVIP is also partnering with employers to offer an executive health program as a benefit to their employees. The company has been certified by Great Place to Work since 2018 and is recognized by Fortune as one of the 2021 Best Workplaces in Healthcare. For more information, visit www.mdvip.com. Follow MDVIP on Facebook, Instagram, Twitter and LinkedIn.
Media Contact:
Nancy Udell
561-310-5455
nudell@mdvip.com
View original content to download multimedia:
SOURCE MDVIP
|
https://www.kxii.com/prnewswire/2022/06/30/dr-drew-e-maris-opens-mdvip-affiliated-family-physician-practice-bay-area/
| 2022-06-30T15:44:23Z
|
WOODMERE, Ohio, Aug. 2, 2022 /PRNewswire/ -- MarshBerry Platform is pleased to announce the completion of its merger with First Choice Agents Alliance (FCAA), one of the nation's top insurance networks. MarshBerry, a leading investment banking and consulting firm serving the Insurance Distribution and Wealth Management industries, initially launched MarshBerry Platform in 2019. Led since inception by David Soforenko, MarshBerry EVP, MarshBerry Platform was intentionally designed as an exclusive Connect member offering that went beyond simple aggregation to help firms accelerate organic growth. MarshBerry Platform and FCAA, each on their own, represent two of the nation's leading aggregators. The strategy brings together resources, scope and scale to further strengthen and position them as one of the insurance brokerage industry's top agency partnerships. As a result, MarshBerry Platform and FCAA will market together as FirstChoice. The terms of the transaction were not disclosed.
"MarshBerry is recognized for our client-centric mindset, industry knowledge and the ability to help create economic value for our clients. The FCAA business model fully aligns with these principles and growth strategies of MarshBerry Platform. We are excited to bring together the finest of what both firms offer in best practices, technology, thought leadership, assets, broader access to carrier partners and importantly the ability to help even more clients regardless of size. Aligning FirstChoice's name recognition under the MarshBerry brand empowers insurance brokers of all sizes to benefit from the financial stewardship that enables them to play bigger and retain firmer control of their independence," said John Wepler, MarshBerry Chairman & CEO.
FirstChoice will offer the complete suite of aggregation solutions with customized offerings for independent insurance agencies and brokers of all sizes. The combined company serves clients with less than $1M in annual revenue to more than $1 billion in annual revenue.
"This is a transformational deal for all members," said Mike Griffin, Chief Executive Officer of FCAA. "We continually strive to diversify and deepen offerings and solutions to meet the business lifecycle needs of our members. The collective resources and synergies are so compelling, we look forward to FirstChoice not only dominating the agency partnership and aggregation space but redefining it. We are focused on ensuring a smooth integration for members and staff, led by Keith Captain, FirstChoice's President. We are thrilled to be joining efforts with MarshBerry."
The transaction marks another strategic action for MarshBerry. Earlier this year, MarshBerry announced its partnership with Atlas Merchant Capital which supported efforts to aggressively and intentionally grow and improve all facets of the business. Combining efforts with FCAA is one example of that intentional growth and adds a presence in the SE United States with an office in FCAA's home state of North Carolina.
For more information regarding MarshBerry Platform, FCAA, or FirstChoice products and services please contact Executive Vice President David Soforenko, at David.Soforenko@MarshBerry.com or call 440.220.4101 or contact Keith Captain, FirstChoice President at keith@fcaalliance.com or call 704.831.8708.
Founded in 1981, MarshBerry serves the insurance distribution and wealth management industries including insurance agents & brokers, specialty distributors, private equity firms, and wealth management firms. MarshBerry's industry-specific services help clients build, enhance and sustain value through: Merger & Acquisition Advisory, Debt & Equity Capital Raising, Financial Consulting, Market Intelligence & Benchmarking, Organic Growth Consulting, Connect –Executive Peer Exchange, and Platform Aggregation. Learn more at www.MarshBerry.com.
First Choice Agency Alliance is a Charlotte, NC based company founded in 2015 as a wholesale outlet for Nationwide Captive agents looking for commercial market access. In 2017, the company evolved to an aggregation network to provide direct carrier access, strategic planning, education, and technology to independent insurance brokers. Learn more at www.joinfcaa.com
Atlas Merchant Capital LLC was founded to participate in compelling market opportunities in the financial services sector. Based in New York and London, Atlas Merchant Capital was founded by Bob Diamond and David Schamis, who together with their partners form a complementary partnership with extensive operating and investing expertise across the financial services landscape. Further information is available at www.atlasmerchantcapital.com
Contact:
Lauren Byers, Senior Vice President
Phone: 440.392.6546
Email: Lauren.Byers@MarshBerry.com
View original content:
SOURCE MarshBerry
|
https://www.wibw.com/prnewswire/2022/08/02/marshberry-platform-first-choice-agents-alliance-combine-create-insurance-industrys-most-robust-aggregator/
| 2022-08-02T18:31:38Z
|
The S&P is having its worst start to a year since 1939
By Paul R. La Monica, CNN Business
The S&P 500 fell more than 13% between January and April of this year. That’s the worst four-month start to a year since 1939, when longtime legendary investor Warren Buffett was just nine years-old.
Comparing today’s stock market to 83 years ago isn’t an entirely apples-to-Apple comparison — for one, the S&P was made up of only 90 companies back then. But it has clearly been an abysmal first third of the year for investors from any reference point. The Dow was down 9% through April and the tech-heavy Nasdaq plummeted 21%.
Stocks finished higher on a wild day of trading Monday. The Dow rose 84 points, or 0.3%, after falling more than 525 points earlier in the session. The S&P 500 increased 0.6% while the Nasdaq gained 1.6%.
There is an old Wall Street adage that many investors “sell in May and go away.” It’s a pithy reference to the theory that bullish traders take a break during the summer and early autumn months and that stocks will typically fall until just before the winter holidays.
But this year the big sell-off may already have happened, as there appears to have been a fair amount of panic-induced stock selling recently. The CNN Business Fear & Greed Index, which measures seven indicators of market sentiment, was in Fear mode after briefly falling into Extreme Fear territory Monday.
Investors already have gone away … and might now come back
The market has plenty to worry about. The Federal Reserve is about to start raising interest rates more aggressively to fight inflation. Covid variant concerns and lockdowns in parts of China are spooking global investors. Then there’s Russia’s invasion of Ukraine. All of these factors have led to mounting recession worries.
Tech stocks have taken the biggest hit, with Amazon, Facebook owner Meta and Netflix falling particularly hard. In fact, onetime investor darling Netflix, which is down a stunning 68%, is the worst performer in the S&P 500 so far this year.
But there’s another pithy saying among traders: “Stocks climb a wall of worry.” Markets often rally in troubling times, partly because investors are looking ahead to a rosier future when all those fears diminish.
So is the worst for stocks still yet to come, or is the market finally close to bottoming? Some strategists see reasons for optimism.
“The markets are likely giving too little credence to supply chain progress, anti-inflationary policy moves and energy market resilience — all of which appear to be moving in the right direction and could improve sentiment and valuation in due course,” Robert Teeter, managing director of Silvercrest Asset Management, said in a note Monday.
Teeter added that the jobs market remains healthy and that earnings reports for the first quarter have mostly been “respectable” despite “several prominent stumbles,” mainly in tech.
“With much of the bad news out in the open and the prospect of better news in store, investors may be prudent to extend their time horizon as problem-solving takes hold,” Teeter added.
Stagflation worries persist, but so far, it’s all ‘flation’ and no ‘stag’
American consumers aren’t showing signs of being too worried just yet.
Although confidence and sentiment measures have been declining due to inflation concerns, retail sales remain strong, a phenomenon that some economists have dubbed “revenge spending” following two brutal pandemic years. And as far as corporate profits go, actions speak louder than words.
“After two years of Covid restrictions, people want to get out and have the means to do it. Household cash has exceeded debt for the first time in three decades,” said Linda Duessel, senior equity strategist with Federated Hermes, in a report last week.
“Corporate America is in great shape, too,” she added. “Profits and cash flow are at record highs. Profit margins are at or near record highs. S&P 500 earnings estimates keep rising. And corporate balance sheets are flush with cash.”
There are legitimate reasons to be worried that the combination of rising interest rates and higher oil prices could eventually lead to a recession or stagflation, the combination of slow growth and surging consumer prices. But we don’t appear to be there yet, which is good for investors.
What’s more, the whole selling in May and going away strategy has not held true over the past few years.
It’s a quaint idea to think that stocks should stumble in the summer because traders are supposedly hopping on the Jitney to the Hamptons and throwing their phones in the Atlantic Ocean. But last year, the S&P rose 10% between the start of May and the end of October.
According to data compiled last year by LPL Financial, the S&P 500 has averaged a 5.7% gain between May and October over the past decade. The only time the market fell in that period was in 2015.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
|
https://localnews8.com/money/cnn-business-consumer/2022/05/02/the-sp-is-having-its-worst-start-to-a-year-since-1939-2/
| 2022-05-02T23:18:06Z
|
ELYRIA, Ohio, April 29, 2022 /PRNewswire/ -- Lorain County Community College (LCCC) in partnership with NextFlex hosted U.S. Department of Labor Secretary Martin J. Walsh during his Ohio visit on Friday, April 29. Secretary Walsh highlighted how the proposed Bipartisan Innovation Act will advance U.S. global leadership in the technologies of the future. The visit included a workforce development roundtable that also featured representatives from NextFlex, a Manufacturing USA institute focused on printed flexible electronics, and The Boeing Company.
Walsh highlighted the importance of collaboration between STEM education and advanced manufacturing career pathways.
"We have the opportunity to make sure that when young people think about their career path, they think about going into advanced manufacturing to create things like microchips that move our economy forward," Walsh said.
In her opening remarks, LCCC President Marcia J. Ballinger, Ph.D. said it was fitting to be holding the forum in the college's Campana Center for Ideation and Invention.
"Inside the Campana Center is North America's first Super Fab, designated by the Fab Foundation out of MIT's Center for Bits and Atoms. We foster this philosophy: If you can dream it, you can make it. If you can make it, you can manufacture it. Right here. In Lorain County, Ohio — in the United States," Dr. Ballinger said.
During the forum, The Boeing Company announced it is awarding over $1.1 million toward the expansion of two advanced manufacturing workforce development initiatives developed by NextFlex. Spanning nine ecosystems, the funding will increase access to both the FlexFactor and Flex2Future™ programs for high school and college-aged students.
LCCC has been a NextFlex partner since 2015 and was the first organization outside of San Jose, California to replicate FlexFactor. The outreach, recruitment and STEM education program familiarizes K-12 students with advanced manufacturing technology, entrepreneurship and the education and career pathways that can lead to a STEM career.
"The program was a natural fit for Lorain County Community College given our nationally recognized strength in semiconductor and microelectronic manufacturing as well as entrepreneurship," said Dr. Ballinger.
With support from the LCCC Foundation, the college launched the program in 2018 with 13 students in Elyria City Schools. Among LCCC's student participants to date, 39% are students of color, 70% are from underserved communities and 49% are young women.Since then, the program has expanded statewide to 13 community colleges and has reached nearly 3,000 Ohio students, providing more opportunities for diverse students to participate. The expansion of the program beyond Lorain County was made possible by a $5 million investment through the Manufacturing Engineering Education Program of the U.S. Department of Defense.
"Today's visit by Secretary Walsh and announcement by The Boeing Company underscores the national importance of the FlexFactor program and its ability to provide equitable opportunities in STEM education, entrepreneurship and innovation," Dr. Ballinger said. "With dual enrollment and career technical education at LCCC, we are giving younger generations the opportunity to be immersed in learning experiences that expose students to the in-demand jobs of the future."
View original content to download multimedia:
SOURCE Lorain County Community College
|
https://www.kxii.com/prnewswire/2022/04/29/lorain-county-community-college-hosts-us-secretary-martin-walsh-discuss-innovation-acts-role-strengthening-manufacturing-stem-education-economic-growth/
| 2022-05-01T05:49:35Z
|
IRVINE, Calif., Aug. 29, 2022 /PRNewswire/ -- BKF Capital Group, Inc. (OTC PINK: BKFG) announced today that Eugene ("Gene") Robin has joined BKF Capital Group as its Vice President. Mr. Robin will drive mergers and acquisitions, capital market activities, and other financial functions, allowing BKF Capital Group to grow and invest in new and existing investment portfolio opportunities. Also, Mr. Robin will play a pivotal role in expanding Bronson Financial LLC, a wholly owned subsidiary of BKF Capital Group, upon completing the required securities licenses.
"We are excited to have Gene as an integral addition to the management team," said Steven N. Bronson, Chairman, and CEO of BKF Capital Group, Inc. "We believe his experience and relationships will benefit not only BKF Capital Group but also its various investments."
In addition to being named Vice President at BKF Capital Group, Mr. Robin was appointed Vice President of Strategic Initiatives of Interlink Electronics, Inc. (NASDAQ: LINK). BKF Capital Group and its affiliates own 82.5% of Interlink. Through strategic acquisitions and organic development, Mr. Robin will help Interlink expand its core sensors offering.
Mr. Robin brings over 15 years of diverse financial experience to BKF Capital Group, where he will focus on sourcing and structuring potential deals for BKF Capital Group and its underlying investment holdings. Mr. Robin was most recently a Principal and Portfolio Manager at Cove Street Capital, where he managed a portfolio of microcap equities and was one of the key investment professionals helping to manage the Cove Street Capital Small Cap Value strategy. Before Cove Street Capital, Mr. Robin was an Associate at Proton Capital, an investment group with holdings in various asset classes ranging from real estate to private operating companies. Mr. Robin has a BA in Computer Science from UC San Diego and an MBA in Finance from the UCLA Anderson School of Management. He is also a CFA® charterholder and serves on the Board of Directors of Research Solutions (NASDAQ: RSSS).
"It's an exciting time to join BKF Capital Group and Interlink Electronics. Both companies are at an inflection point with a large number of exciting opportunities in front of them. We are well positioned to take advantage of various interesting value opportunities and drive shareholder value creation," said Mr. Robin.
About BKF Capital Group
BKF Capital Group, Inc. is a publicly-traded holding company operating through its wholly-owned subsidiaries, BKF Asset Holdings, Inc., which invests in publicly and privately owned businesses, and Bronson Financial LLC, which provides investment banking services consisting of M&A advisory, capital raising services, fairness opinions, and valuations to emerging growth and middle-market companies. Bronson Financial received approval as a FINRA member in June 2021. BKF Asset Holdings, Inc. currently has investments in Interlink Electronics, Inc. (NASDAQ: LINK), a global leader in human-machine interface and sensor technologies, and Qualstar Corporation (OTC PINK: QBAK), a leading manufacturer of data storage solutions and high-efficiency power supplies. Our principal executive office is located at 1 Jenner, Suite 200, Irvine, CA 92618. The Company's securities were previously registered under Section 12(g) of the Securities Exchange Act of 1934. In 2015, we filed a Form 15 to terminate the registration and reporting obligations under Section 12(g). Since 2015, we make available our annual financial statements, quarterly financial statements, and other significant reports and amendments to such reports free of charge on our website as soon as reasonably practicable after such reports are prepared. Our website address is www.bkfcapital.com.
Investor Relations:
Steven N. Bronson, CEO & President
IR@bkfcapital.com
949.504.4424
View original content:
SOURCE BKF Capital Group, Inc.
|
https://www.wibw.com/prnewswire/2022/08/29/gene-robin-joins-bkf-capital-group-interlink-electronics/
| 2022-08-29T18:26:09Z
|
WASHINGTON (AP) — Still mourning a Texas mass shooting, Democrat Beto O’Rourke gave his long-shot campaign a jolt by imploring a national audience that it was finally time for real action to curb the proliferation of high-powered guns in his home state and across America.
That was 2019, and the former congressman was running for president when he declared during a debate, “Hell, yes, we’re gonna take your AR-15,” weeks after a gunman targeting Mexican immigrants killed 23 people at a Walmart in O’Rourke’s native El Paso.
Last week, following the massacre of 19 elementary school students and two teachers by an 18-year-old man with an AR-15-style rifle in Uvalde, Texas, O’Rourke — now campaigning for governor — again briefly seized the national political spotlight. This time, that meant crashing the news conference of the man he wants to unseat, Republican Gov. Greg Abbott, and declaring — in a moment subsequently viewed widely online — that the carnage was “on you.”
O’Rourke is betting that the tragedy can reset the governor’s race in America’s largest red state — despite Abbott twice previously winning election by landslides and having begun the campaign with $55 million in the bank and despite gun culture looming larger in Texas than perhaps anywhere else.
It didn’t work in 2019. O’Rourke’s debate declaration won him praise from other Democrats on stage and a fundraising bump. But he dropped out of the race barely six weeks later.
It’s too early to tell what will happen in the governor’s race, but the shooting has already affected both parties. Abbott canceled his planned visit to the annual National Rifle Association meeting to remain in Uvalde. Also skipping it was Republican Texas Sen. John Cornyn, who is among those negotiating with Democratic colleagues on strengthening background checks and “red flag” laws allowing authorities to remove firearms from those determined to be a danger to themselves or others.
“I think it felt cathartic for a lot of people that maybe might have been on the fence,” said Abel Prado, executive director of the Democratic advocacy group Cambio Texas. “It gives you, ‘At least somebody’s trying to stand up and do something, or at least say something.’”
O’Rourke spent two nights in Uvalde after the shooting, then headed to Houston for a rally against gun violence outside Friday’s meeting of the NRA.
“To those men and women in positions of power who care more about your power than using that power to save the lives of those that you are supposed to serve …. we will defeat you and we will overcome you,” O’Rourke told protesters who chanted his name and the phrase “Vote them out!
Supporters hope O’Rourke recaptures the magic that saw him become a national Democratic star and nearly upset Republican Sen. Ted Cruz in 2018. But since then, O’Rourke’s White House bid fizzled, former President Donald Trump easily won Texas in 2020 and Democrats who had hoped to flip scores of congressional and legislative seats in the state that year lost nearly every top race.
A Democrat also hasn’t won Texas’ governorship since 1990, and, just last year, the state loosened firearm restrictions enough to allow virtually any resident age 21 and older to carry guns without a license. Abbott signed that law alongside NRA CEO Wayne LaPierre and the group’s president, Carolyn Meadows.
Of course, the domination of guns in Texas culture has long predated the law. Abbott once tweeted his embarrassment at his state lagging California in gun sales, and Cruz is fond of saying, “Give me a horse, a gun and an open plain, and we can conquer the world.” Former Republican Gov. Rick Perry cruised to reelection in 2010 after using a laser-sighted handgun to kill a coyote while jogging.
Mass shootings are similarly not new in Texas. Tuesday’s massacre in Uvalde and the El Paso killings followed a mass shooting at Santa Fe High School outside Houston that killed eight students and two teachers in 2018, and a church rampage in Sutherland Springs that left 25 people dead, as well as an unborn child, the year before.
Former Texas Land Commissioner Jerry Patterson, a Republican long famous for carrying multiple guns nearly everywhere he went, said O’Rourke’s most ardent supporters will be “even more determined to vote for Beto” after his confrontation with Abbott.
Still Patterson said the clash could backfire, alienating otherwise potentially sympathetic swing voters who might think O’Rourke was putting on a self-serving show.
“Sometimes your method overwhelms your message, and his method gutted whatever benefit he might have accrued,” said Patterson, who, as a state senator, wrote Texas’ original, 1995 concealed handgun law allowing Texans to take firearms more places than nearly anywhere in America at the time. “I think it’s a net loss.”
Abbott hasn’t mentioned O’Rourke much since the shooting but answered questions about possible new state gun limits by slamming high crime rates in cities primarily run by Democrats.
“There are more people shot every weekend in Chicago than there are in schools in Texas,” the governor said hyperbolically. Speaking of arguments that new firearms restrictions could make Americans safer, “Chicago and LA and New York disprove that thesis.”
Abbott’s campaign has also previously chided O’Rourke for his previous stand on guns, producing an online ad last year showing a cartoon of O’Rourke speeding the wrong direction down a one-way street, then off a cliff while the radio plays clips of his “Hell yes” comment and other strongly progressive positions he took as a presidential candidate.
O’Rourke’s campaign insists he’s not using the massacre for political gain. It transformed its fundraising apparatus into one accepting donations for relatives of those killed in Uvalde, and says O’Rourke attended the Abbott news conference at the urging of one of the victims’ families.
He sat quietly in the audience for 10-plus minutes, intending only to listen, the campaign said. But, when Abbott said “there was no meaningful forewarning of this crime” other than the gunman posting about the shooting just moments before he began doing so, O’Rourke got angry — especially given that, after the El Paso shooting, the state’s chief response was to loosen gun laws. He approached the stage and accused Abbott of “doing nothing” when the the Uvalde violence had been “totally predictable.”
Also on stage was Uvalde Mayor Don McLaughlin, who responded with an obscenity and called O’Rourke “sick” for trying to make the shooing “a political issue.”
But it nonetheless helped one Texan change her mind. Nicole Armijo, who works in her family’s HVAC business in the border city of McAllen and has three kids, ages 10, 9 and 6, attending public school. She didn’t vote for O’Rourke when he ran for Senate but plans to now because “the way we’re doing things is not working.”
“Maybe, Texas, it’s not just about having a gun,” said Armijo, who said she loves guns and hunting but would support expanded background checks. “Beto’s kind of portrayed those thoughts: It’s not about me or you. It’s about everyone as a whole.”
___
More on the school shooting in Uvalde, Texas: https://apnews.com/hub/school-shootings.
___
This story has been corrected to show Abbott twice won election, not reelection, by landslides.
|
https://cw33.com/news/politics/ap-politics/orourke-bets-shooting-will-shake-up-texas-governors-race/
| 2022-05-31T08:00:37Z
|
(The Hill) — Voters in New York picked their representatives for two vacant House seats on Tuesday, while Florida Democrats chose their nominee to take on Gov. Ron DeSantis (R) this fall.
The primaries and special elections in the two states were among the last to take place before the country enters the sprint toward the general election, and they offer some final clues about the political landscape heading into the fall.
Here are five takeaways out of New York and Florida:
Democrats make safe choice to take on DeSantis
Staring down the potential of four more years of Ron DeSantis in the governor’s mansion, Florida Democrats turned to a familiar face.
Rep. Charlie Crist (D-Fla.), himself a former Republican governor of Florida, beat state Agriculture Commissioner Nikki Fried on Tuesday for the Democratic nomination to take on DeSantis in November, setting up his second general election campaign to reclaim his old office in Tallahassee in less than a decade.
Heading into the primary, Crist appeared to have an edge over Fried. But his victory was still a blow to Florida’s only statewide elected Democrat and someone who had been heralded as the future of the state party.
From the outset of her campaign for governor, Fried billed herself as “something new,” casting herself as part of a new generation of Democrats in the state that could bring the fight to DeSantis in November.
But Florida Democrats ultimately chose the establishment favorite in Crist, who argued that his “happy warrior” persona and compromise-minded brand of politics made him the best candidate to win over moderates and independents disenchanted with DeSantis’s combative style and culture war rhetoric.
The Democratic establishment held its own
It was a good night for the Democratic establishment.
In New York, Rep. Sean Patrick Maloney (D-N.Y.), the chair of Democrats’ House campaign arm, prevailed in his primary over a progressive challenger. Former Rep. Max Rose (D-N.Y.) overcame a challenge from his left, giving him a chance to reclaim his old House seat in November.
And Daniel Goldman, who prosecuted the first impeachment case against former President Donald Trump, beat out his main progressive rival, state Assemblywoman Yuh-Line Niou.
A similar case played out in Florida: Crist, who had the support of Democratic establishment heavyweights, beat out Fried in the party’s gubernatorial primary, while Jared Moskowitz, a former state representative and Florida emergency management director, defeated five other Democrats to win the nomination to succeed retiring Rep. Ted Deutch (D-Fla.).
Overall, Tuesday was a show of force for the party establishment, even amid signs that voters in both parties are irritated with their figureheads.
As Democrats look to ward off a red wave in November, the primary results as a whole might just be a sign that voters aren’t ready to take any chances on less-experienced candidates.
Special elections in New York give Democrats new hope
Republican Joe Sempolinski pulled off a win for a vacant Western New York House district on Tuesday, holding a seat for the GOP after former Rep. Tom Reed (R-N.Y.) stepped down earlier this year.
His win was, naturally, a disappointment for Democrats. But it’s not all bad news for the party in power. Democrat Max Della Pia came closer than expected to pulling off an upset in the race.
And Democrats scored an even bigger win in the special election to represent New York’s 19th District, where Democrat Pat Ryan defeated Republican Marc Molinaro in a race that was seen as a bellwether of the political environment ahead of November.
Della Pia’s closer-than-expected loss and Ryan’s narrow win add up to the latest evidence that Democrats may be on the verge of regaining some lost momentum in the runup to the November midterm elections.
The party has so far faced a bruising political outlook this year, but with the Supreme Court’s decision earlier this summer to overturn Roe v. Wade, the seminal abortion rights case, Democrats have seen a burst of energy in recent weeks, raising their hopes of avoiding an electoral rout this fall.
Maloney loss ushers end of political era in Manhattan
No matter who won the Democratic primary to represent New York’s Manhattan-based 12th District, the race was destined to end the political career of one Democratic heavyweight. In the end, that turned out to be Rep. Carolyn Maloney (D-N.Y.).
Maloney lost her primary on Tuesday to Rep. Jerrold Nadler (D-N.Y.). Both currently helm powerful committees in the House – Maloney is the chair of the Oversight and Reform Committee, while Nadler leads the Judiciary Committee – and both have served in Congress since the early 1990s.
There was little animosity between Nadler and Maloney. The two members of Congress are ideologically similar and have a long history of working together. They were only pitted against one another as a result of New York’s redistricting process, which combined the cores of their Manhattan districts earlier this year.
Nevertheless, the results on Tuesday all but assure that Maloney won’t be returning to Washington next year for the first time since 1993. Nadler, meanwhile, is virtually guaranteed another term on Capitol Hill, given the district’s strong Democratic politics.
Particularly contentious primary season gives way to general election
The 2022 primary season isn’t over just yet, with a handful of states still waiting to choose their nominees for November.
But the primaries in Florida and New York saw some of the final major showdowns before the general election campaign starts in earnest and marked the beginning of the end of a particularly contentious primary season that saw incumbents fighting incumbents, Democrats battling over the direction of their party and Republicans squabbling over their loyalty to Trump.
With the primaries nearly over, the focus will now turn to larger questions: Can Democrats defy history and stave off a midterm thrashing, even with President Joe Biden’s approval ratings plumbing new lows? Can Republicans keep their base energized even without Trump on the ballot?
And most importantly, which party do voters trust the most to control Congress for at least the next two years?
|
https://cw33.com/hill-politics/five-takeaways-from-primary-night-in-new-york-florida/
| 2022-08-24T11:59:17Z
|
Crucial targetable mutations tracked using Mission Bio's Tapestri® Platform for single-cell DNA sequencing
SOUTH SAN FRANCISCO, Calif., Sept. 1, 2022 /PRNewswire/ -- Mission Bio, the pioneer in high-throughput single-cell DNA and multi-omics analysis, today announced new findings from researchers at St. Jude Children's Research Hospital and colleagues in Nature Genetics, using Mission Bio's Tapestri® Platform to help understand how mutations at the single-cell level drive cancer relapse in pediatric acute lymphoblastic cancer (ALL). This level of granularity is crucial to help understand how the cancer develops and to determine the best possible interventions for individual patients.
ALL is the most common type of cancer found in children, a type of cancer of the blood and bone marrow that affects white blood cells. If left untreated, too many immature white blood cells arise in the bone marrow and crowd out normal white blood cells, making it much harder for the body to fight infections.
In the paper, teams led by St. Jude's Jinghui Zhang and Charles Mullighan and Children's Hospital of Philadelphia's Stephen Hunger sequenced DNA from more than 2700 patients and transcriptomes from almost 1900 patients, identifying several previously uncharacterized pathways and genes targeted by recurrent genomic alterations. Through greater understanding of the patterns of mutation associated with disease subtypes, the origin and development of mutations (mutational ontogeny), the role of different mutational processes, and the nature of clonal evolution, the researchers showed that many mutations commonly targeted in ALL may occur in different clones – findings that may help shape more personalized approaches to treatment. The data also suggest tracking patient mutations at the single-cell level during treatment could help monitor disease recurrence.
The study is the latest demonstration of how Mission Bio's Tapestri® Platform allows researchers to probe the fine details of cancer biology at a single-cell resolution not possible with bulk sequencing. Single-cell sequencing was used to examine the co-occurrence and possible exclusiveness of mutations, details that could not be resolved by non-single-cell sequencing approaches. This type of analysis is increasingly required by top-tier publications not only to provide insights into the presence of mutations but also to map the clonal evolution of cancer cells in disease. In turn, this is key to designing precision therapeutics for interventions and determining drivers of treatment relapse in patients.
"This type of analysis provides unique insight into clonal evolution and shows that kinase-related mutations, for example, are often secondary events and most frequently mutually exclusive," said Dr. Mullighan, who is Deputy Director of the Comprehensive Cancer Center at St. Jude's and co-leads the hematological malignancies program. "Simultaneous targeted single cell DNA sequencing and cell-surface protein expression analysis reveal a correlation between immunophenotype and genotype within the same cell. This type of information is not only clinically relevant but potentially actionable and helps to fine-tune the expansive genomic landscape of pediatric ALL."
Todd Druley, Chief Medical Officer at Mission Bio, remarked: "This is a great example of how the Tapestri® Platform can be used to provide an unprecedented level of single cell information to oncologists, information that can help guide patient-specific treatments. The ability to identify and track targetable mutations in single cells offers a new dimension and specificity to the work of clinicians looking to identify the presence of residual or recurring cancer."
To learn more about Mission Bio and the Tapestri® Platform, please visit www.missionbio.com.
Mission Bio is a life sciences company that accelerates discoveries and cures for a wide range of diseases by equipping researchers with the tools they need to better measure and predict our resistance and response to new therapies. Mission Bio's multi-omics approach improves time-to-market for new therapeutics, including innovative cell and gene therapies that provide new pathways to health. Founded in 2014, Mission Bio has secured investment from Novo Growth, Cota Capital, Agilent Technologies, Mayfield Fund, and others.
The company's Tapestri® Platform gives researchers around the globe the power to interrogate every molecule in a cell together, providing a comprehensive understanding of activity from a single sample. Tapestri® is the only commercialized multi-omics platform capable of analyzing DNA and protein simultaneously from the same sample at single-cell resolution. The Tapestri® Platform is being utilized by customers at leading research centers, as well as pharmaceutical and diagnostics companies worldwide to develop treatments and eventually cures for cancer.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding our expectations regarding the transaction described above, including anticipated benefits, anticipated payments, future business and market opportunities, and anticipated growth resulting from the transaction; the potential, safety, efficacy, and regulatory and clinical progress of our product candidates; our position as a leader in the development of genetic medicines; and the sufficiency of our cash and cash equivalents to fund our operations; These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: we may not realize the anticipated benefits of the collaboration with Oxford Biomedica; the impact of the COVID-19 pandemic on our business and operations, including our preclinical studies and clinical trials, and on general economic conditions; we have and expect to continue to incur significant losses; our need for additional funding, which may not be available; failure to identify additional product candidates and develop or commercialize marketable products; the early stage of our development efforts; potential unforeseen events during clinical trials could cause delays or other adverse consequences; risks relating to the regulatory approval process; our product candidates may cause serious adverse side effects; inability to maintain our collaborations, or the failure of these collaborations; our reliance on third parties; failure to obtain U.S. or international marketing approval; ongoing regulatory obligations; effects of significant competition; unfavorable pricing regulations, third-party reimbursement practices or healthcare reform initiatives; product liability lawsuits; failure to attract, retain and motivate qualified personnel; the possibility of system failures or security breaches; risks relating to intellectual property and significant costs as a result of operating as a public company. These and other important factors discussed under the caption "Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2021 and our other filings with the Securities and Exchange Commission ("the SEC") could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.
Media Contacts
Consort Partners for Mission Bio
missionbio@consortpartners.com
View original content to download multimedia:
SOURCE Mission Bio
|
https://www.kxii.com/prnewswire/2022/09/01/st-jude-researchers-use-mission-bios-single-cell-dna-platform-elucidate-genomic-landscape-pediatric-all/
| 2022-09-01T15:43:23Z
|
NEW YORK — 2021 was the deadliest year in U.S. history, and new data and research are offering more insights into how it got that bad.
The main reason for the increase in deaths? COVID-19, said Robert Anderson, who oversees the Centers for Disease Control and Prevention's work on death statistics.
The agency this month quietly updated its provisional death tally. It showed there were 3.465 million deaths last year, or about 80,000 more than 2020's record-setting total.
Early last year, some experts were optimistic that 2021 would not be as bad as the first year of the pandemic — partly because effective COVID-19 vaccines had finally become available.
"We were wrong, unfortunately," said Noreen Goldman, a Princeton University researcher.
COVID-19 deaths rose in 2021 — to more than 415,000, up from 351,000 the year before — as new coronavirus variants emerged and an unexpectedly large numbers of Americans refused to get vaccinated or were hesitant to wear masks, experts said.
The coronavirus is not solely to blame. Preliminary CDC data also shows the crude death rate for cancer rose slightly, and rates continued to increase for diabetes, chronic liver disease and stroke.
Drug overdose deaths also continued to rise. The CDC does not yet have a tally for 2021 overdose deaths, because it can take weeks of lab work and investigation to identify them. But provisional data through October suggests the nation is on track to see at least 105,000 overdose deaths in 2021 — up from 93,000 the year before.
New research released Tuesday showed a particularly large jump in overdose deaths among 14- to 18-year-olds.
Adolescent overdose death counts were fairly constant for most of the last decade, at around 500 a year, according to the paper published by the Journal of the American Medical Association. They almost doubled in 2020, to 954, and the researchers estimated that the total hit nearly 1,150 last year.
Joseph Friedman, a UCLA researcher who was the paper's lead author, called the spike "unprecedented."
Those teen overdose deaths were only around 1% of the U.S. total. But adolescents experienced a greater relative increase than the overall population, even though surveys suggest drug use among teens is down.
Experts attributed the spike to fentanyl, a highly lethal drug that has been cut into heroin for several years. More recently it's also been pressed into counterfeit pills resembling prescription drugs that teens sometimes abuse.
The total number of U.S. deaths often increases year to year as the U.S. population grows. But 2020 and 2021 saw extraordinary jumps in death numbers and rates, due largely to the pandemic.
Those national death trends affect life expectancy — an estimate of the average number of years a baby born in a given year might expect to live.
With rare exceptions, U.S. life expectancy has reliably inched up year after year. But the CDC's life expectancy estimate for 2020 was about 77 years — more than a year and a half lower than what it was in 2019.
The CDC has not yet reported its calculation for 2021. But Goldman and some other researchers have been making their own estimates, presented in papers that have not yet been published in peer-reviewed journals.
Those researchers think U.S. life expectancy dropped another five or six months in 2021 — putting it back to where it was 20 years ago.
A loss of more than two years of life expectancy over the last two years "is mammoth," Goldman said.
One study looked at death data in the U.S. and 19 other high-income countries. The U.S. fared the worst.
"What happened in the U.S. is less about the variants than the levels of resistance to vaccination and the public's rejection of practices, such as masking and mandates, to reduce viral transmission," one of the study's authors, Dr. Steven Woolf of Virginia Commonwealth University, said in a statement.
Some experts are skeptical that life expectancy will quickly bounce back. They worry about long-term complications of COVID-19 that may hasten the deaths of people with chronic health problems.
Preliminary — and incomplete — CDC data suggest there were at least 805,000 U.S. deaths in about the first three months of this year. That's well below the same period last year, but higher than the comparable period in 2020.
"We may end up with a 'new normal' that's a little higher than it was before," Anderson said.
|
https://www.tdtnews.com/news/article_b324d536-ba9b-11ec-b0a7-b797c70c1f5b.html
| 2022-04-12T22:04:37Z
|
(The Hill) — Rep. Bill Pascrell, Jr. (D-N.J.) called on Supreme Court Justice Clarence Thomas to resign on Thursday after news that his wife, Virginia “Ginni” Thomas, emailed with conservative lawyer John Eastman, who was central in former President Donald Trump’s efforts to overturn the 2020 presidential election.
In a statement on Thursday, Pascrell said Thomas “cannot possibly be seen as a neutral actor,” labeling him “a corrupt jurist.”
“Over the last few years, we have become numb to bad acts by powerful actors, but Clarence and Ginni Thomas have participated in one of the worst breaches of trust ever seen in our court system,” Pascrell said.
“Clarence Thomas cannot possibly be seen as a neutral actor but instead as a corrupt jurist who has poisoned the HIgh Court. Clarence Thomas should have dignity and final respect for our democracy and resign,” he added.
The call came less than one day after The Washington Post reported that the House select committee investigating the Jan. 6, 2021, attack on the Capitol has obtained email communication between Ginni Thomas and Eastman. The sources, however, would not provide details of the correspondence.
That revelation added to the heaps of reporting that detail Ginni Thomas’s connections to the efforts to overturn the 2020 results.
In March, news broke that Ginni Thomas texted with then-White House chief of staff Mark Meadows in the aftermath of the presidential election regarding efforts to reverse the vote.
Earlier this month, the Post reported that she urged 29 GOP state lawmakers in Arizona to choose new presidential electors in an effort to reverse President Joe Biden’s win there.
The Jan. 6 committee has asked Ginni Thomas to speak with the panel, with her saying Thursday, “I look forward to talking to them,” adding, “I can’t wait to clear up misconceptions.”
Pascrell, in his statement, referenced reports of Ginni Thomas “conspiring” with Trump and his allies, while also noting that Clarence Thomas had heard 2020 election-related cases before the Supreme Court.
The high court has handed down at least 10 rulings regarding the 2020 election. Among the most notable was a January decision allowing the Jan. 6 panel to obtain White House records from the Trump administration.
Thomas was the only justice to dissent the decision.
“Last night, we read yet more reports that the wife of the longest-serving justice on the Supreme Court was actively conspiring with Donald Trump and his allies to overturn the election and overthrow American democracy,” Pascrell wrote.
“And while she was doing all this, her husband, Justice Thomas, was hearing litigation related to the 2020 election at the High Court,” he added.
In a tweet, the congressman said, “Ginni Thomas was complicit in the insurrection attempt at the Capitol on 1/6 as Justice Thomas was considering litigation around the 2020 election,” adding, “Thomas has proven himself a corrupt actor who has breached public trust.”
“For the good of the court and nation, he must resign NOW,” he said.
Pascrell is not the first lawmaker to call for Thomas’s resignation. In March, Reps. Alexandria Ocasio-Cortez (D-N.Y.) and Betty McCollum (D-Minn.) urged the justice to step down. Others have called on him to recuse himself from cases related to the Jan. 6 attack.
Some of Thomas’s colleagues, however, are offering support. Justice Sonia Sotomayor this week said her conservative colleague “is a man who cares deeply about the court as an institution.”
“We share a common understanding about people and kindness towards them,” she added.
The Hill has reached out to the Supreme Court for comment.
|
https://cw33.com/news/nexstar-media-wire/house-democrat-calls-for-clarence-thomas-to-resign-following-report-of-wifes-email-with-eastman/
| 2022-06-17T20:16:28Z
|
Davies Hand Picked To Lead Regulatory Affairs As The RegTech Innovator Continues To Grow Customers, Revenue, and Market Share
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- ComplyAdvantage, a global data technology company transforming financial crime detection, today announced financial crime risk management veteran Andrew Davies as the company's first Head of Regulatory Affairs.
Andrew will support ComplyAdvantage's customers and prospects as they implement innovative financial crime risk management solutions. Andrew will also act as a lead advisor to the company's product management teams and train employees. Lastly, he will provide trending and critical risk management insights to the company's global network of financial services customers. Andrew will report directly to Vatsa Narasimha, the company's Chief Operating Officer.
"ComplyAdvantage continues to exceed all growth expectations reflecting the real-world value we're creating for our customers around the globe. But as we continue to grow, so too are the complexities of the regulatory landscape," said Charlie Delingpole, Founder, and CEO of ComplyAdvantage. "This is why we're thrilled to have Andrew join our team. He has an exceptional understanding of the financial crime landscape and clearly understands key risk management challenges facing financial services. We look forward to Andrew's strategic contributions as we continue to lead the fight against financial crime.."
Before joining ComplyAdvantage, Andrew served as vice president of global market strategy for financial crime risk management at Fiserv. In that role, Andrew worked with Fiserv customers worldwide to design and deploy effective risk management solutions to mitigate financial crime risks. He was also responsible for seeking new markets and applications for Fiserv's financial crime detection and prevention solutions.
Andrew has worked in the financial services industry for twenty-five years, supporting many of the world's largest public and private financial institutions. His experience covers the mitigation of financial crime risks, including those related to real-time payments, front-office trading, and settlements.
Andrew is an expert in financial crime risk management solutions and has worked with customers in the Americas, Europe, the Middle East, Africa, and Asia. He is a respected industry speaker, having presented at SIBOS, ABA events, CBA events, and numerous webinars, alongside his frequent writing on industry issues. He has contributed to articles in the American Banker, Credit Union Journal, finextra.com, PYMNTS.com, among other publications and websites.
"I am thrilled to be joining the ComplyAdvantage team at such an incredible time in the company's evolution, " said Andrew Davies. "With the transformation of financial services comes the increased volume, velocity, and sophistication of financial crimes. ComplyAdvantage's innovative combination of expertise, technology, and data means that the company is uniquely positioned to help financial institutions find and eliminate the threat of financial crime before it impacts their services. I look forward to working with Charlie, Vatsa, and the rest of the outstanding ComplyAdvantage team as we redefine intelligent financial crime risk management."
Already the preferred choice of some of the world's largest banks, enterprises, and high-growth FinTechs, ComplyAdvantage uses machine learning to help regulated organizations manage their risk obligations and prevent financial crime. ComplyAdvantage is also a leader in providing anti-money laundering insights that include the company's much-lauded State of Financial Crime 2022 Report, Evolving Use and, Sanctions, and most recently, the Anti-Money Laundering Guide for Growing Crypto Firms.
ComplyAdvantage is the financial industry's leading source of AI-driven financial crime risk data and detection technology. ComplyAdvantage's mission is to neutralize the risk of money laundering, terrorist financing, corruption, and other financial crime. More than 500 enterprises in 75 countries rely on ComplyAdvantage to understand the risk of who they're doing business with through the world's only global, real-time database of people and companies. The company actively identifies thousands of risk events daily from millions of structured and unstructured data points.
ComplyAdvantage has four global hubs in New York, London, Singapore, and Cluj-Napoca and is backed by Goldman Sachs, Ontario Teachers', Index Ventures, and Balderton Capital. Learn more at complyadvantage.com.
View original content to download multimedia:
SOURCE ComplyAdvantage
|
https://www.mysuncoast.com/prnewswire/2022/08/09/complyadvantage-names-financial-crime-risk-management-expert-andrew-davies-global-head-regulatory-affairs/
| 2022-08-09T09:01:01Z
|
Shanghai is further tightening its stringent lockdown measures after China's top leader Xi Jinping pledged to "unswervingly" double down on the country's controversial zero-Covid policy, leaving millions confined to their homes with no end in sight.
Over the weekend, videos showing Shanghai residents arguing or scuffling with hazmat suit-clad workers and police officers while being forcefully taken away for government quarantine circulated widely on Chinese social media. Many have since been removed by censors after sparking public anger.
The outcry comes as authorities appear to have walked back efforts to ease restrictions in parts of the city, despite a drop in new infections, as local officials come under pressure to curb community transmission of the virus.
Under the new hardline policies, even residents with negative Covid tests can find themselves placed into centralized government quarantine. According to social media posts and local government notices circulating online, in several parts of the city, entire apartment blocks have been deemed a health risk, with all occupants forced from their homes and placed into quarantine on the back of one positive case.
One viral video shows residents arguing with police officers who showed up at their doors in hazmat suits to take them to quarantine after someone else on their floor tested positive.
"From now on, people who live on the same floor (as Covid cases) must be transported (into quarantine)," a police officer says in the video.
"It's not that you can do whatever you want -- unless you're in America. This is China," another police officer says sternly, waving a bottle of disinfectant in his hand. "Stop asking me why. There is no why. We have to obey our country's regulations and epidemic control policies."
CNN cannot independently confirm any such policy has been issued and has reached out to the Shanghai municipal government for clarification. CNN has not been able to identify the people who took the video and does not know if they were later taken to quarantine.
According to notices online, some neighborhoods have imposed so called "silent periods" lasting for two or three days, during which residents are not permitted to leave their homes. These residents have also been temporarily banned from ordering groceries and daily essentials online, leading to renewed fears of food shortages.
Public outrage were further inflamed after accounts emerged on social media that some residents had been forced to hand over their house keys so that health workers could disinfect their homes while they were away in quarantine.
Several videos circulating online showed workers in hazmat suits spraying clouds of disinfectant over furniture and appliances inside apartments, from couches, televisions, bookshelves, beds to wardrobes.
On China's internet, some questioned the scientific basis of the measure -- experts have transmission of the virus via contaminated surfaces is exceptionally low -- while others lamented the disregard for private property rights.
"The apartments are our private property, which we bought with millions or tens of millions of yuan. Why should we allow you in? This is no different than robbery!" a Shanghai resident said on China's Twitter-like Weibo.
The escalation follows the personal intervention of Xi, who on Thursday issued what many interpreted as a threat to opponents of the zero-Covid policy, making clear he would not tolerate "acts that distort, doubt or deny our country's epidemic prevention policies."
Xi also demanded officials demonstrate a "profound, complete and comprehensive understanding" of the policy and warned them against "inadequate awareness, inadequate preparation and insufficient work" in implementing it.
Hours after Xi's speech, the Shanghai municipal Communist Party committee met on Thursday evening to study his instructions. And at a press conference Sunday, the Shanghai municipal health commission said the city was at a "critical moment" for controlling the outbreak.
"It's like sailing against the current in a boat; we must forge ahead or be pushed downstream. We must not relax or slack off," said Zhao Dandan, a deputy director of the commission.
Zhao also vowed to "resolutely implement the requirement to 'take in everyone who should be taken in' and 'quarantine everyone who should be quarantined' to stop community spread of the epidemic as soon as possible."
The tightened quarantine requirements have led to despair among many residents in the financial hub, millions of whom have been subject to more than six weeks of harsh lockdown.
Tong Zhiwei, a law professor at the East China University of Political Science and Law in Shanghai, denounced such measures as unconstitutional in a widely shared essay on social media.
"Any action that forcefully sends residents into centralized quarantine is illegal and should stop immediately," Tong wrote.
"State of emergency is a legal status, and it can only exist after a rightful organization declares it according to the constitution; it absolutely cannot be randomly decided or recklessly declared by just any institution or official," Tong wrote.
Around the same time, Liu Dali, a Shanghai-based financial lawyer at a leading Chinese law firm, wrote a public letter demanding Shanghai's municipal People's Congress -- the city's rubber-stamp legislature -- come up with measures to protect citizen's rights against epidemic measures such as forced quarantine.
Screenshots of both letters have been scrubbed from the Chinese internet after drawing wide attention. On Weibo, Tong's verified account has been banned from posting since Monday. A hashtag of his name has also been censored.
In thinly veiled sarcasm, some internet users shared a 2015 article from the People's Daily, the official Communist Party newspaper, quoting Xi months after he took the helm of the Party in 2012: "No organization or individual has the privilege to be above the constitution and the law. Any act that violates the constitution and the law must be investigated and accounted for."
As the post started making the rounds, users were soon greeted with a glaring message saying "the content has been removed by the author."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
|
https://www.albanyherald.com/news/stop-asking-why-shanghai-intensifies-covid-lockdown-despite-falling-cases/article_d297aa7c-3acf-5fac-9989-1e1ddda08091.html
| 2022-05-10T04:28:56Z
|
Harald Schneider to Drive Global Data & Analytics Innovation
ATLANTA, June 9, 2022 /PRNewswire/ -- Equifax® (NYSE: EFX) today announced the appointment of Harald Schneider as Chief Data & Analytics Officer. In this role, Schneider will lead the company's global Data & Analytics team and champion global data innovation, maximizing the benefits of Equifax differentiated data assets, leading analytics capabilities and single data fabric within the Equifax Cloud™ to drive new products and growth. He will serve as an extended member of the Equifax Senior Leadership Team, reporting to Bryson Koehler, Equifax Chief Product, Data & Analytics and Technology Officer.
"Data and analytics are at the heart of Equifax, and we are energized to have Harald join Equifax in such an important leadership role," said Mark W. Begor, Chief Executive Officer at Equifax. "Strong global collaboration between our Data & Analytics, Product and Technology teams is the essential partnership that will drive the next era of innovation and growth at Equifax. This is a truly exciting time for Equifax and our Data & Analytics team - and we're just getting started."
Schneider brings more than two decades of multinational experience to the role of Chief Data & Analytics Officer. He joins Equifax from Visa, where he served as Global Head of Data Products. Prior to that, Schneider held the position of Chief Analytics Officer at Tandem Bank in the U.K. He also held international data and business leadership roles at Capital One, Citigroup, and Pardus Capital.
"Harald has a proven track record in cloud-native data and analytics leadership," said Bryson Koehler. "The New Equifax has set itself apart in the industry by leveraging the power of the Equifax Cloud to drive record levels of new product innovation. Harald will play an instrumental role in enabling our global D&A teams to maximize the benefits of the cloud, guiding our data catalog, data acquisition strategy, data quality management and Innovation Lab work to unlock even deeper decision intelligence for our customers."
Schneider holds a master's degree in finance from J.W.Goethe-Universität in Frankfurt and a Master of Business Administration from the University of Iowa Tippie College of Business.
At Equifax (NYSE: EFX), we believe knowledge drives progress. As a global data, analytics, and technology company, we play an essential role in the global economy by helping financial institutions, companies, employers, and government agencies make critical decisions with greater confidence. Our unique blend of differentiated data, analytics, and cloud technology drives insights to power decisions to move people forward. Headquartered in Atlanta and supported by more than 13,000 employees worldwide, Equifax operates or has investments in 24 countries in North America, Central and South America, Europe, and the Asia Pacific region. For more information, visit Equifax.com.
FOR MORE INFORMATION:
Kate Walker for Equifax
mediainquiries@equifax.com
View original content to download multimedia:
SOURCE Equifax Inc.
|
https://www.kxii.com/prnewswire/2022/06/09/equifax-announces-new-chief-data-amp-analytics-officer/
| 2022-06-09T12:30:13Z
|
Discovering the Suncoast -The Sands of the Suncoast
Published: Apr. 27, 2022 at 7:46 AM EDT|Updated: Apr. 27, 2022 at 7:48 AM EDT
SARASOTA, Fla. (WWSB) - Siesta Key Beach, often the number one beach in America. But why is the sand different from Siesta Key to our other beaches? When it comes to the feel of sand beneath your feet, size matters.
Do you have an idea for Discovering the Suncoast? Send me an email to Discovering@MySuncoast.com! Tell me what’s unique and interesting in your part of Paradise!
You can watch previous episodes of Discovering the Suncoast online here: https://www.mysuncoast.com/content/community/discovering-the-suncoast/
Discovering the Suncoast airs live on ABC7 on these dates and times:
- 6:40am Wednesday on Good Morning Suncoast
- 9:00am Wednesday on Suncoast View
- 4:00pm Wednesday on ABC7 News
- 7:40am Saturday on Good Morning Suncoast Weekends
- 11:00pm Sunday on ABC7 News
Copyright 2022 WWSB. All rights reserved.
|
https://www.mysuncoast.com/2022/04/27/discovering-suncoast-the-sands-suncoast/
| 2022-04-29T02:11:43Z
|
Pre-Feasibility Study Delivers Robust Economics before Accounting for Tax Credits Enacted by the U.S. Inflation Reduction Act of 2022, Expected to Improve Post-tax Results
Projected Commercial Scale Anode Material Production for U.S. Battery Market Using Alaska Graphite
VANCOUVER, BC, Aug. 29, 2022 /PRNewswire/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) ("Graphite One" or the "Company"), is pleased to announce the results of its Pre-Feasibility Study of the Graphite One Project.
- Parallel strategy to simultaneously develop a commercial scale battery anode materials manufacturing facility in Washington State and the Graphite Creek Mine in Alaska. Manufacturing would begin with purchased materials until Alaska production is available.
- Pre-tax internal rate of return of 26.0%, using an 8% discount rate, with a net present value of $1.93 billion and a payback period of 4.6 years.
- Post-tax internal rate of return of 22.0%, using an 8% discount rate, with net present value of $1.36 billion and a payback period of 5.1 years, before accounting for tax credits enacted by the U.S. Inflation Reduction Act of 2022, effective December 31, 2022.
- Measured plus Indicated resources increased 197% over 2019 results. Inferred resources increased 177%.
The Preliminary Feasibility Study ("PFS") of the Graphite One Project was prepared by JDS Energy & Mining Inc. with assistance from various independent technical consultants.
The Graphite One Project (the "Project") is planned as an integrated business operation to produce lithium ion battery anode materials and other graphite products for the U.S domestic market on a commercial scale using primarily natural graphite from Alaska. The Project combines the operation of an advanced graphite manufacturing facility to be located in Washington State (the "STP") with the supply of natural flake graphite from the Company's proposed Graphite Creek Mine in Alaska (the "Mine"). The resources associated with the Company's Alaska State mining claims were cited by the U.S. Geological Survey in January 2022 as America's largest natural graphite deposit1.
The Company anticipates that there will be a business opportunity presented by the projected strong U.S. demand for anode materials beginning in this decade and the time required to permit and construct a mine, the PFS plans the parallel design, permitting and construction of the STP and the Mine. Permitting and construction of the STP is estimated to take 3 years. The STP would operate during the first four years by processing purchased graphite. The Mine would begin production in the third year of STP operation and begin supplying graphite to the STP in its fourth year of operation. By the fifth year, it is anticipated that Alaska graphite would supply 100% of the STP's planned natural graphite requirement at full capacity. If the Mine begins production sooner, purchased graphite would be reduced accordingly.
Table 1 presents a summary of the economic results of the PFS.
Table 1: Summary of PFS Economic Results
The U.S. tax regime for producers of critical minerals and battery components changed August 16, 2022 (see below). The Project's post-tax internal rate of return without inclusion of these changes, is 22.0%, using an 8% discount rate, with a net present value of $1.36 billion and a payback period of 5.1 years.
On August 16, 2022, the United States enacted the Inflation Reduction Act of 2022 (the "Act") which instituted, among other things2:
- A tax credit to producers in the U.S. of anode materials equal to 10 percent of the costs incurred with respect to the production of anode materials commencing December 31, 2022 and reducing to 75%, 50%, 25%, and 0% in 2030, 2031, 2032 and thereafter, respectively.
- A tax credit equal to 10 percent of the costs incurred with respect to production of graphite purified to a minimum purity of 99.9 percent graphitic carbon by mass ("Purified Graphite") – the phase out provisions in 1 specifically do not apply.
- Only production in the United States qualifies for the tax credit.
Graphite One's production is expected to qualify under the Act for tax credits in both categories as it plans to produce both anode materials and Purified Graphite in the United States, as defined in the Act. The Company will evaluate the Act's impact on the PFS economics and announce the results when available. The impact is expected to improve the post-tax results.
Based on the PFS's updated graphite resource estimate, the Mine's life for the purposes of the PFS is 23 years. The PFS assumes the STP's operational life is 26 years based on its startup with purchased graphite and continued operation with graphite from the Mine.
On average over its life, the STP would produce about 75,000 tonnes per year of products. About 49,600 tpy would be anode materials, 7,400 tpy purified graphite products, and 18,000 tpy of unpurified graphite products. The anode materials are comprised of four products:
- CPN: Coated, spherical natural graphite;
- BAN: Blended natural and artificial graphites;
- SPN: Secondary particle natural graphite; and,
- SPC: Secondary particle composite.
Based on the PFS assumptions, the average price of all products over the STP's life is $7,301 per tonne. Product forecasts and prices have been developed based on numerous graphite market reports commissioned by or purchased by the Company, combined with the Company's internal information. The long-term market forecast used is based on Wood Mackenzie Limited's Graphite Market 2021 Outlook to 2050, updated by its Global Graphite Market Strategic Planning Outlook – Q2 2022. Purchased graphite prices have been supported by non-binding indications of supply from current producers.
The estimated initial capital and sustaining capital costs with their respective contingencies are summarized in Table 1. Also presented are the average annual production costs for the life of the Project on both the basis of annual totals and costs per tonne of production.
The STP is designed to produce lithium ion battery anode materials on a commercial scale for the U.S. domestic market using natural graphite from Alaska as soon as it is available. At full capacity, it requires about 34.5 hectares (85 acres) of land, consists of 17 buildings, and would annually produce about 77,000 tonnes of manufactured graphite products. The products are grouped into battery anode materials, specialty purified graphite products, and traditional unpurified graphite products. The products are manufactured from natural graphite concentrate, artificial graphite precursors, coke and pitch. Key components of the manufacturing process are the purification of natural graphite and graphitization of artificial graphite precursors in high temperature, electrically heated furnaces. The STP's preferred location is in Washington State to access both its relatively lower power rates from hydro generated electricity and its skilled workforce.
Permitting and construction of the STP, once its design is finalized, is expected to take three years. The STP would be constructed in two phases, each with almost identical equipment and production capacity. An exception is that Phase 2 has three furnace lines, Phase 1 has two. Phase 1 is assumed to operate at 90% capacity for the first year to allow for start up adjustments. Thereafter it would operate at full capacity. Phase 2 would come on stream in Year 2 and the STP would operate at full capacity.
The STP, at full capacity (Table 2), is designed to produce 51,167 tpy of anode materials for the electric vehicle and energy storage battery markets; 7,585 tpy of purified, sized material for the speciality graphite market; and 18,622 tpy for the unpurified, traditional graphite market. Total annual production would be 77,374 tonnes based on the expected annual production capacity. The average annual production over 26 years in the PFS is 75,026 tonnes.
Table 2: STP Products and Prices
The Mine would produce an average of 51,813 tonnes per year of graphite concentrate for the projected 23-year mine life. The deposit would be mined with conventional open pit mining methods including drilling, blasting, loading, and hauling. The strip ratio in the PFS plan is 2.2:1 with an ore cut-off grade of 2.0% graphitic carbon and an average head grade of 5.6% graphitic carbon. The pit would be mined in six phases over a period of 24 years. One year of pre-stripping would occur prior to the start-up of the process facility. Ore will be hauled to a process facility which would be built adjacent to the pit. Run of mine waste would be comingled with dewatered process tails and placed in waste dumps.
The process facility would process an average of 2,860 tpd for 365 days per year. The flowsheet design is based on metallurgical test work conducted at SGS Canada Inc.'s facilities at Lakefield, Ontario. The flowsheet consists of a jaw crusher that feeds a semiautogenous grinding circuit. After grinding, the ore is subjected to a series of seven flotation/regrind steps. The flotation/regrind steps are designed to recover the graphite at its largest possible flake size while still maintaining a concentrate with a graphitic carbon grade of greater than 95%. The graphite concentrate would be filtered and dried on site. The dried concentrate would be bagged and shipped by barge from Nome, Alaska to the STP in Washington during the annual shipping season. The tails from the flotation circuit would be dewatered, comingled with the waste rock, and placed in a lined waste storage facility. Any drainage from the lined waste storage facility would be treated through a water treatment plant prior to discharge.
The risks and uncertainties identified for the Project are generally described in the Company's quarterly Management's Discussion and Analysis statements3. These cover the Project's financial, mining, processing, operating, market, and regulatory risks, all of which are common with similar projects.
Other identifiable risks and uncertainties specific to the Project include:
- Purchase of market graphite in advance of receiving Alaska graphite: While there is no certainty that the Company will be successful in purchasing graphite prior to receiving production from the Mine in the quantities and pricing projected in the PFS, based on industry forecasts and preliminary inquiries, the Company believes this is achievable. It is recommended that the Company begin contracting for this supply as soon as possible.
- STP's advanced processing technologies: In April 2022, the Company announced its MOU with Sunrise (Guizhou) New Energy Material Co., Ltd. ("Sunrise")4. The intent is for the parties to develop an agreement to share expertise and technology for the design, construction, and operation of the STP. There is no guarantee that the agreement will be finalized. The MOU's term was recently extended and Sunrise is in the process of preparing anode materials for sample purposes from Graphite Creek concentrate produced from graphite recovered during exploration.
- STP site selection: The STP's site has not been finalized. The Company, working with the Washington State Department of Commerce, identified several potential locations. For the purposes of the PFS, a location in Lewis County was assumed. Site selection is to be finalized as soon as possible.
- Availability of capital: For the Project presented in the PFS to be realized, the Company must acquire the required capital in a timely manner. There is no certainty that this is achievable. The Company is encouraged by the support of its investors to date and believes the recent enactment of the Inflation Reduction Act of 2022 provides investors with additional incentive to support the industry.
The Graphite Creek property (the "Property") is located on the Seward Peninsula, Alaska about 60 km North of Nome. The Property comprises 9,600 hectares (23,680 acres) of State of Alaska mining claims. The claim block consists of 176 claims, of which 163 are wholly owned by Graphite One (Alaska) Inc. and 13 are leased to Graphite One (Alaska). The graphitic mineral zone is exposed on the surface and strikes East/Northeast along the North face of the Kigluaik Mountains. The geophysical expression of the deposit spans more than 16 km (Figure 1).
Through 2021, 66 holes have been completed in the resource area for a total of 10,112 meters of drilling. The resource data base consists of 6,412 assays. The resource remains open down dip and along strike to the East and West.
The Mineral Resource Estimate for Graphite Creek was updated with data through the 2021 Drill Program. The methodology used was similar to that described in the 2019 NI 43-101 report with a lower angle interpretation of the Kigluaik Fault and an additional estimation between interpreted graphite lodes. A lower cutoff grade of 2% Cg was used in 2022 due to updated mining and processing information, particularly with the integration of the STP.
The updated resource estimate provided in the PFS is presented in Table 3.
Comparisons to the previous resource estimate from the 2019 NI 43-101 report are summarized in Table 4.
The Inferred category's tonnage increased 177%; Indicated, 201%; and Measured, 176%. Contained graphite in the Inferred category increased 77%; Indicated, 101%; and Measured 101%. There is a corresponding drop in graphite grade in each category.
Table 5 provides the same comparison as Table 4 between the PFS and the 2019 report but with a 2% cutoff grade. The Inferred category's tonnage increased 36%; Indicated, 65% and Measured, 70%. Contained graphite in the Indicated category increased 20%; Indicated, 43%; and Measured, 54%.
The Mine is planned as a conventional open-pit operation using drilling, blasting, loading and hauling. The Mineral Reserves, summarized in Table 6, were estimated through the process of pit optimization, pit design, mine scheduling and cut-off grade optimization. Over a 23-year life, the Mine is expected to produce 22.5 million tonnes of ore with an average grade of 5.6% Cg, at a 2.2:1 strip ratio. Peak mine production is expected to be approximately 11,000 tonnes per day.
The PFS for the Project will be incorporated in a National Instrument 43-101 technical report that will be available under the Company's SEDAR profile at www.sedar.com, and the Company's website, within 45 days of this news release. The affiliation and areas of responsibility for each of the independent Qualified Persons (as defined under NI 43-101) involved in preparing the PFS, upon which the technical report will be based, are as follows ("QPS"):
The Qualified Persons for this news release are Robert Retherford, P.Geo. and Richard Goodwin, P.Eng. Mr. Retherford has reviewed this news release and verified that it accurately represents the geology and resource estimate that is stated. Mr. Goodwin has also reviewed this news release and verified that it accurately represents the findings of the PFS.
During the course of their work, the QPs have validated the data that each used in the formulation of the resource estimate and PFS findings. This includes such items as: site inspections, core sampling and assays, laboratory test work, core logs, environmental and community factors, metallurgical test work, taxation and royalties, and surveys. Both existing and new data that was collected through the course of the study were validated and used by the various QPs to inform their work. Details regarding the data used and quality assurance and quality control procedures that were employed by each QP in the preparation of the resource estimate and PFS will be included in the PFS as well as further definition on the precise roles, qualifications, and responsibilities of each QP.
The Company has included certain non-IFRS financial measures in this news release, such as Initial Capital Costs and Sustaining Capital Costs, which are not defined under IFRS and do not have a standardized meaning prescribed by IFRS. As a result, these measures may not be comparable to similar measures reported by other companies. Each of these measures used are intended to provide additional information to the user and should not be considered in isolation or as a substitute for measures prepared in accordance with IFRS.
Certain Non-IFRS financial measures used in this news release are defined below.
Initial Capital Costs: Initial capital costs include the upfront capital investment required for mine construction and related infrastructure capital costs in Alaska and the construction of the STP in Washington State.
Sustaining Capital Costs: Sustaining capital is the ongoing capital investment to sustain and maintain mining, processing and graphite production infrastructure including but not limited to mining, production of graphite products, on-site development, and closure costs.
Total Capital Costs: Total Capital Costs are the sum of Initial Capital Costs and Sustaining Capital Costs.
GRAPHITE ONE INC. (GPH: TSX–V; GPHOF: OTCQB) continues to develop its Graphite One Project (the "Project"), with the goal of becoming an American producer of high grade anode materials that is integrated with a domestic graphite resource. The Project is proposed as a vertically integrated enterprise to mine, process and manufacture high grade anode materials primarily for the lithium–ion electric vehicle battery market. As set forth in the Company's 2022 Pre-Feasibility Study, potential graphite mineralization mined from the Company's Graphite Creek Property is expected to be processed into concentrate at a graphite processing plant. The proposed processing plant would be located on the Graphite Creek Property situated on the Seward Peninsula about 60 kilometers north of Nome, Alaska. Graphite anode materials and other value–added graphite products would be manufactured from the concentrate and other materials at the Company's proposed advanced graphite materials manufacturing facility expected to be located in Washington. The Company intends to make a production decision on the Project upon the completion of a Feasibility Study.
On Behalf of the Board of Directors
"Anthony Huston" (signed)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. Generally, forward–looking information can be identified by the use of forward–looking terminology such as "proposes", "expects", or "is expected", "scheduled", "estimates", "projects", "intends", "assumes", "believes", "indicates" or variations of such words and phrases that state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved".
Forward-looking statements in this news release relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events and include, but are not limited to, statements with respect to:
All forward-looking statements are based on the Company's or its consultants' current beliefs as well as various assumptions made by them and information currently available to them. The most significant assumptions are set forth above, but generally these assumptions include:
Although the Company's management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Many forward-looking statements are made assuming the correctness of other forward-looking statements, such as statements of net present value and internal rates of return, which are based on most of the other forward-looking statements and assumptions herein. The cost information is also prepared using current values, but the time for incurring the costs will be in the future and it is assumed costs will remain stable over the relevant period.
Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions.
Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this news release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.
This news release has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of U.S. securities laws. Unless otherwise indicated, all resource and reserve estimates included in this news release have been prepared in accordance with NI 43-101 and the Canadian Institute of Mining, Metallurgy, and Petroleum 2014 Definition Standards on Mineral Resources and Mineral Reserves. NI 43-101 is a rule developed by the Canadian Securities Administrators which establishes standards for all public disclosure an issuer makes of scientific and technical information concerning mineral projects. Canadian standards, including NI 43-101, differ significantly from the requirements of the SEC, and mineral resource and reserve information contained herein may not be comparable to similar information disclosed by U.S. companies. In particular, and without limiting the generality of the foregoing, the term "resource" does not equate to the term "reserves". Under U.S. standards, mineralization may not be classified as a "reserve" unless the determination has been made that the mineralization could be economically and legally produced or extracted at the time the reserve determination is made. The SEC's disclosure standards normally do not permit the inclusion of information concerning "measured mineral resources", "indicated mineral resources" or "inferred mineral resources" or other descriptions of the amount of mineralization in mineral deposits that do not constitute "reserves" by U.S. standards in documents filed with the SEC. Investors are cautioned not to assume that any part or all of mineral deposits in these categories will ever be converted into reserves. U.S. investors should also understand that "inferred mineral resources" have a great amount of uncertainty as to their existence and great uncertainty as to their economic and legal feasibility. Under Canadian rules, estimated "inferred mineral resources" may not form the basis of feasibility or other economic studies. Investors are cautioned not to assume that all or any part of an "inferred mineral resource" exists, is economically or legally mineable, or will ever be upgraded to a higher resource category. Disclosure of "contained ounces" in a resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC standards as in-place tonnage and grade without reference to unit measures. The requirements of NI 43-101 for identification of "reserves" are also not the same as those of the SEC, and reserves reported by the Company in compliance with NI 43-101 may not qualify as "reserves" under SEC standards. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.
View original content to download multimedia:
SOURCE Graphite One Inc.
|
https://www.wibw.com/prnewswire/2022/08/29/graphite-one-advances-its-united-states-graphite-supply-chain-solution-demonstrating-pre-tax-usd19b-npv-8-260-irr-46-year-payback-its-integrated-project/
| 2022-08-29T12:20:00Z
|
School bus driver accused of stalking 8-year-old boy
GREENLAND, N.H. (WBZ) - A school bus driver in New Hampshire is accused of stalking an 8-year-old boy and his family. Federal prosecutors say the suspect also gave the boy gifts, letters and cell phones.
Michael Chick, a former school bus driver at Greenland Central School, is accused of harassing an 8-year-old student on his route, secretly visiting the boy’s home at night and putting GPS tracking on his parents’ vehicles.
“As law enforcement officers, it is paramount that we protect our most vulnerable, and in this case, the vulnerable is a child,” said Jane Young, U.S. Attorney for New Hampshire.
The details in the 20-page affidavit are disturbing.
Chick, 39, allegedly admitted he gave the victim three prepaid phones. In the man’s bedroom, investigators found handwritten notes instructing the boy to change out of his sleeping shorts, take selfies and return the phone by dropping it out his window.
Prosecutors say Chick told the 8-year-old a team of as many as 800 people was threatening to kidnap and torture him if he didn’t follow the instructions.
Investigators found a note that they say he showed the boy on the bus.
“You had too many chances. This is not working. We are done (expletive) around. Make this happen now or the kid disappears,” the note read.
Chick was arrested after investigators raided his home in Eliot, Maine. He is charged with interstate stalking and is in custody, pending a hearing.
“This investigation is in the infancy stages. We will follow whatever evidence develops. As far as we can, we will pursue every avenue that is available to us,” Young said.
Chick’s brother says he doesn’t believe he would be involved with anything like what he is accused of and has never seen that kind of behavior from him.
Authorities aren’t sure if this is an isolated incident, so they are asking other parents to come forward if their children had inappropriate contact with Chick.
Copyright 2022 WBZ via CNN Newsource. All rights reserved.
|
https://www.mysuncoast.com/2022/08/10/school-bus-driver-accused-stalking-8-year-old-boy/
| 2022-08-10T09:21:19Z
|
AP National Sports By Associated Press Published April 7, 2022 6:03 PM Share on FacebookShare on Twitter Share on Linkedin Key hole from opening day at the Masters AUGUSTA, Ga. (AP) — Key hole from opening day at the Masters AP National Sports
|
https://localnews8.com/news/2022/04/07/key-hole-from-opening-day-at-the-masters/
| 2022-04-08T02:39:48Z
|
TORONTO, June 24, 2022 /PRNewswire/ -- Tropical Forest Products has announced that its premium Black Label™ brand of Ipe and other tropical hardwoods will now be available through L.L. Johnson Lumber Mfg. Co. locations in Charlotte, Michigan and South Bend, Indiana. L.L Johnson will distribute the full line of Black Label's sustainable tropical hardwoods throughout their network of warehouse and retail locations.
"The Black Label team is excited to expand throughout Michigan and Indiana with L.L. Johnson, the longest-running hardwood lumber company in Michigan for over 110 years," said Brian Lotz, Technical Director for Tropical Forest Products. "Black Label is dedicated to supplying sustainably harvested, above architectural grade lumber to add richness and beauty to any project."
Committed to providing 100% legally sourced sustainable tropical hardwoods from South America, all trees used to produce Black Label products are methodically chosen based on the forest's age, size and productive wellbeing. Black Label's portfolio includes Ipe, Cumaru, Jatoba, Garapa, Angelim and Tigerwood, with various commercial and residential applications ranging from decking, cladding and ceilings to timber sizes and architectural millwork.
"L.L. Johnson Lumber Co. is pleased to add Black Label products to our offerings," said Bob Laurie, Lumber Buyer, L.L. Johnson Lumber Mfg. Co. "Their dedication to sustainability fits well with our own company's history of being good stewards of the forests and trees used in our products."
Delivering enhanced strength and stability through its kiln-dried process, Black Label raises the bar for premium, sustainable lumber. Every board, and hardware accessory must be Premium Architectural Grade or above to earn the name Black Label.
Black Label provides a complete marketing and promotional support program along with a strong online presence, all with the dealer, contractor, architect, designer and homeowner in mind. Visit https://blacklabelwood.com or learn more about Tropical Forest Products at https://WeAreTropical.com or call 905-672-8000.
L.L. Johnson Lumber Mfg. Co., a leading name in the forest products industry, has specialized in quality domestic and imported hardwood lumber and plywood for over a century. With projects ranging from the Atlantic City Boardwalk to Washington, D.C.'s premier National Golf Club to high-end pianos by a world-renowned maker, they have partnerships across North America. Cabinetry and Furniture makers, Boat builders, Architects, Fabricators, and Luthiers find fine-quality resources for their projects through L.L. Johnson Lumber Mfg. Co. Learn more by visiting theworkbench.com or call 1-800-292-5937.
Tropical Forest Products, a leading hardwood distributor that operates throughout the United States and Canada, was founded with the belief that acquiring lumber of superior quality should be easy and ethical. Its team is made up of passionate people who love everything about forests and their survival. Tropical strives to meet every client's need with quality lumber, deliver products on time, maintain commitment to client service, and maintain the best prices in the market.
View original content:
SOURCE Tropical Forest Products
|
https://www.kxii.com/prnewswire/2022/06/24/ll-johnson-lumber-mfg-co-adds-tropical-forest-products-black-label-brand-sustainable-tropical-hardwoods-product-offerings/
| 2022-06-24T15:01:47Z
|
CORPUS CHRISTI, Texas, June 30, 2022 /PRNewswire/ - Uranium Energy Corp (NYSE American: UEC, the "Company" or "UEC") is pleased to provide an update on its holdings of common shares of UEX Corporation ("UEX"). The Company has acquired 6,844,000 UEX common shares through the facilities of the TSX at an average cost of C$0.3601 per UEX common share. When added to the 11,627,907 UEX common shares acquired by private placement on June 22, 2022 at a price of C$0.43 per share (the "Private Placement"), UEC now holds a total of 18,471,907 UEX common shares (approximately 3.32% of the shares currently outstanding).
On June 13, 2022, UEC announced that it had entered into a definitive agreement with UEX pursuant to which it is to acquire all of the issued and outstanding common shares of UEX in an all-share transaction by way of statutory plan of arrangement (the "Transaction"). The Private Placement was completed in connection with the Transaction. In announcing the closing of the Private Placement, UEC announced its intention to acquire additional UEX common shares by making purchases through the facilities of the TSX.
These additional UEX common shares are being held by UEC for investment purposes and in furtherance of the Transaction. UEC may, from to time, dependent on market or other conditions, and subject to applicable securities laws, either increase or decrease its beneficial ownership in the common shares of UEX. UEC will continue to provide periodic updates in respect of any UEX common share purchases made.
About Uranium Energy Corp
Uranium Energy Corp is America's leading, fastest growing, uranium mining company listed on the NYSE American. UEC is a pure play uranium company and is advancing the next generation of low-cost, environmentally friendly ISR mining uranium projects. The Company has two production ready ISR hub and spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational processing capacity at the Hobson and Irigaray Processing Plants. UEC also has seven U.S. ISR uranium projects with all of their major permits in place. Additionally, the Company has other diversified holdings of uranium assets, including: 1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; 2) a major equity stake in the only royalty company in the sector, Uranium Royalty Corp; and 3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
Stock Exchange Information:
NYSE American: UEC
WKN: AØJDRR
ISN: US916896103
Safe Harbor Statement
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, market and other conditions, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company's ability to control or predict. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the Securities and Exchange Commission. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This press release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
View original content:
SOURCE Uranium Energy Corp
|
https://www.wibw.com/prnewswire/2022/06/30/uranium-energy-corp-provides-update-uex-holdings/
| 2022-06-30T21:46:12Z
|
PITTSBURGH, April 22, 2022 /PRNewswire/ -- "I'm a professional mechanic and I thought there could be a time-saving way to thoroughly clean out an engine oil pan and oil pickup tube," said an inventor, from Pensacola, Fla., "so I invented the ENGINE CLEANING MACHINE. My design eliminates the need to remove the oil pan from the engine."
The invention provides an efficient way to clean an engine oil pan and oil pickup tube. In doing so, it offers an alternative to traditional cleaning methods. As a result, it ensures that bad oil, dirt and sludge are properly removed and it saves time and effort. The invention features a simple and user-friendly design that is easy to use so it is ideal for automotive technicians and automotive service facilities. 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-MTK-146, 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.
View original content to download multimedia:
SOURCE InventHelp
|
https://www.mysuncoast.com/prnewswire/2022/04/22/inventhelp-inventor-develops-cleaning-machine-oil-pans-amp-pickup-tubes-mtx-146/
| 2022-04-22T17:11:55Z
|
An enormous waterlily in London's Royal Botanic Gardens has been discovered to belong to an entirely new species, after 177 years in the gardens' herbarium.
Victoria boliviana is the world's biggest known waterlily species, with leaves growing to nearly 10 feet wide in the wild, according to a press release from the gardens in Kew, west London. The largest specimen of the species can be found in La Rinconada Gardens in Bolivia, with leaves of up to 10.5 feet in width.
The leaf of the giant waterlily, which belongs to one of three species in the Victoria genus, can support a weight of at least 176 pounds.
"Having this new data for Victoria and identifying a new species in the genus is an incredible achievement in botany — properly identifying and documenting plant diversity is crucial to protecting it and sustainably benefiting from it," said Alex Monro, a taxonomist, systematist and field botanist at Kew and a senior author of the study published Monday in the journal Frontiers in Plant Science, in the press release.
The newly identified species, V. boliviana, was commonly and mistakenly believed to be Victoria amazonica, one of the two previously known species of giant waterlily, according to the study.
The loss of live specimens of the original species, as well as the scarcity of biological collections of giant waterlilies, resulted in disagreements over the number of recognized species and the incorrect naming of species for most of the 19th and 20th centuries. The goal of the study was to improve the knowledge of Victoria waterlilies.
An international team headed by Kew's scientific and botanical research horticulturist, Carlos Magdalena, botanical artist Lucy Smith and biodiversity genomics researcher Natalia Przelomska, alongside partners from the National Herbarium of Bolivia, Santa Cruz de La Sierra Botanic Garden and La Rinconada Garden, made the first discovery of a giant waterlily in more than a century.
The team made the breakthrough by compiling all existing information from historical records, horticulture and geography, assembling a dataset of species characteristics, and through DNA analysis.
Kew is the only place in the world that grows all the three species of Victoria together side by side, which Magdalena said allowed for the comparison of the species in a way not possible in the wild, where they grow over vast areas.
The study found V. boliviana to be genetically different from the two other species, but most closely related to V. cruziana, and that the two species might have diverged around a million years ago.
"For almost two decades, I have been scrutinizing every single picture of wild Victoria waterlilies over the internet, a luxury that a botanist from the 18th, 19th and most of the 20th century didn't have," said Magdalena, who suspected there was a third species since 2006 after seeing a picture of the plant online.
"I have learnt so much in the process of officially naming this new species and it's been the biggest achievement of my 20-year career at Kew," he said.
The giant waterlily can be seen in the Waterlily House and the Princess of Wales Conservatory at Kew Gardens.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
|
https://www.albanyherald.com/news/this-giant-waterlily-is-the-biggest-in-the-world----and-its-a/article_4323dcf8-fa3a-5abc-a11b-4e50bf74f503.html
| 2022-07-04T15:49:56Z
|
Wondershare released DemoCreator 6.0, the latest version of the video presentation maker, with a great range of features for educators, business professionals and marketers to create and present engaging videos with ease.
VANCOUVER, BC, July 19, 2022 /PRNewswire/ -- With distant learning and remote working on the rise, videos become a key component to sharing ideas vividly without physical presence. Wondershare released DemoCreator 6.0 to help users make their video presentations more impactful than ever with a great range of upgraded features.
"The rapidly growing creator economy does not only encompass entertainment — it is also for those who want to leverage their knowledge," said Patrick Yu, the Product Director of Wondershare DemoCreator. "Wondershare launched the latest version of DemoCreator with the goal to empower global users for better training, tutorials, lessons, onboardings, conference and everyday communication."
DemoCreator 6.0's feature-rich updates include:
- Video presentation mode: Marketers and students can convert PowerPoint into video and insert images in just a few clicks.
- Dynamic virtual background: Perfect for users who want to add privacy or present a more professional look. Choose from various virtual backgrounds or upload your preferred background.
- Creative virtual presenter: Educators can choose from our selection of virtual avatars that talk and mimic the presenter's facial expressions and gestures in real-time.
- Camera effect: Provide filters and effects such as smoothing and whitening. This feature is useful for vloggers and those who need to be on camera for demonstration. Compatible with other virtual camera software such as OBS Studio.
- Group clips and batch processing: Effortlessly apply the same effects, transitions, and file conversions that you have previously created to other clips at once to maintain consistency in a matter of minutes.
- Live streaming supported: Users themselves and their virtual avatars can be displayed on-screen as they please while presenting with a demo video. Applicable to conference platforms like Zoom and live streaming platforms like Twitch.
- Upgraded screen drawing tools: Make the presentation more engaging with new drawing tools such as pen, highlight, brush, spotlight, whiteboards, magnifying glass and more.
- Dual monitor recording: Users can capture footage from multiple screen displays simultaneously once they have selected the area to record.
As an all-in-one visual presentation and recording toolkit, Wondershare DemoCreator 6.0 allows users to personalize their creation as they please so they can effortlessly stand out from other creators with existing features such as video recording, screen presentation, DeNoise and making PowerPoint into a video. Designed for users at any skill level, DemoCreator 6.0 comes with a DemoCreator Academy to help educators, business professionals and marketers to create engaging videos hassle-free. Visit https://democreator.wondershare.com/v6-new-features.html for more details.
Compatibility and Price
Wondershare DemoCreator is compatible with Windows and Mac and pricing starts at $45 per year. For free trials and downloads, please visit https://democreator.wondershare.com/ or follow us on YouTube, Facebook, Twitter, and Instagram to learn more about DemoCreator.
About Wondershare
Founded in 2003, Wondershare is a global leader in software development and a pioneer in the field of digital creativity. Our technology is powerful, and the solutions we provide are simple and convenient. That's why we're trusted by millions of people in over 150 countries worldwide. We help our users pursue their passions so that, together, we can build a more creative world.
Media Contact
Shearer Wang
Wondershare
shearerw@wondershare.com
View original content to download multimedia:
SOURCE Wondershare
|
https://www.mysuncoast.com/prnewswire/2022/07/19/brand-new-democreator-60-redefines-idea-sharing-with-powerful-features-amid-creator-driven-era/
| 2022-07-19T15:02:44Z
|
WASHINGTON, June 30, 2022 /PRNewswire/ -- American Global Strategies LLC announced today that John Ratcliffe, who served as the sixth Director of National Intelligence (DNI) from 2020-2021, is joining the firm as a Senior Advisor. Mr. Ratcliffe will work with the firm's clients across the defense, aerospace, technology, cybersecurity, and private equity sectors.
"John Ratcliffe is one of our nation's top national security and intelligence professionals," said Ambassador (ret.) Robert C. O'Brien, Chairman of AGS. "His leadership and experience will be a tremendous asset to our clients. I am honored to call him a friend and we are very pleased to have him onboard."
"I look forward to joining the dynamic AGS team as a Senior Advisor. It was an honor to serve alongside Robert O'Brien and Alex Gray at the White House, and I am enthusiastic about the opportunity to work together with them again," said Mr. Ratcliffe.
While serving as the Director of National Intelligence from 2020-2021, Mr. Ratcliffe was the leader of the U.S. intelligence community and principal intelligence advisor to the President. In recognition of his service, Mr. Ratcliffe was awarded the National Security Medal, the nation's highest honor for distinguished achievement in the field of intelligence and national security. Prior to being confirmed by the U.S. Senate as our nation's DNI, Mr. Ratcliffe served in Congress, representing the 4th Congressional District of Texas. While in Congress, he served on the House Intelligence and Judiciary Committees, as well as Chairman of the Cybersecurity Subcommittee on the Homeland Security Committee.
Mr. Ratcliffe will continue to lecture and speak on national security, serve as Chairman of the AFPI Center for American Security and advise his private clients in addition to his work at AGS.
American Global Strategies LLC is a boutique strategic advisory firm founded by former National Security Advisor Robert C. O'Brien and former National Security Council Chief of Staff Alexander B. Gray. The staff is comprised of professionals who have served at the White House, State Department, Pentagon, and on Capitol Hill. The firm's offices are in Washington, D.C., and Los Angeles.
Media Contact: Greg Smith, GLS@americanglobalstrategies.com
View original content to download multimedia:
SOURCE American Global Strategies
|
https://www.mysuncoast.com/prnewswire/2022/06/30/former-director-national-intelligence-john-ratcliffe-joins-ags-senior-advisor/
| 2022-06-30T20:34:28Z
|
Morrison-Bornstein Will Oversee Innovative Growth Strategies for the Organization
PORTLAND, Ore., June 6, 2022 /PRNewswire/ -- Providence Health Plan (PHP), a regional not-for-profit health plan, has named Cheryl Morrison-Bornstein as the organization's Chief Operating Officer (COO). In this role, Morrison-Bornstein will oversee the day-to-day operational and administrative functions of PHP and design innovative operating models to support the organization's overall growth strategy. She assumes the role on June 6.
Morrison-Bornstein joins PHP from Blue Shield of California, where she served as Vice President of Growth Operations, Commercial and Consumer Markets. During her tenure with Blue Shield of California, Morrison-Bornstein was responsible for the development and execution of strategic operating models across multiple lines of business. She also oversaw company-wide efforts to drive growth, improve operations, and grow capabilities and services through innovative technology.
"I'm elated to join PHP and help the organization continue to reach its growth and transformation goals," said Morrison-Bornstein. "I am looking forward to the opportunity to work alongside passionate and dedicated caregivers who are committed to bettering the overall health of our communities. I have a deep passion for helping others and align closely with Providence's belief that all people deserve access to the best possible care."
Morrison-Bornstein has nearly 20 years of healthcare experience and has played a pivotal role in developing and executing successful growth strategies across multiple organizations. Throughout her career, Morrison-Bornstein has helped healthcare organizations reimagine and deploy solutions that drive transformation and innovation across all lines of business. Recently, Morrison-Bornstein oversaw the launch of a commercial self-funded employer strategy and operating model at Blue Shield of California.
"We are thrilled to welcome Cheryl to PHP. Her vast experience and dedication to being an impactful, results-driven leader will have an immediate impact on the organization," said Don Antonucci, Chief Executive Officer, Providence Health Plan. "Throughout her impressive career, Cheryl has inspired her team members by delivering a clear vision resulting in the successful growth of the organizations where she previously served. Cheryl will play a crucial role in the ongoing transformation of PHP, especially as we look for new and innovative ways to better serve members while we continue to put their needs first."
Prior to Blue Shield of California, Morrison-Bornstein served as the Vice President of Client Growth Strategy at UnitedHealth Group – OptumRx where she was accountable for developing and driving initiatives which supported growth and retention functions across all medical and Rx integrated commercial business.
About Providence Health Plan
Providence Health Plan (PHP) is an integral part of a 160-year-old not-for-profit healthcare collective that has set the health and well-being standard for the communities we serve. PHP provides high quality, affordable coverage to members via plans for small and large groups, self-insured plan sponsors, Medicare and Medicaid beneficiaries, as well as individuals and families. We offer a range of benefits including comprehensive healthcare, 24/7 access to telehealth visits, behavioral health resources and personalized health coaching.
View original content to download multimedia:
SOURCE Providence Health Plan
|
https://www.kxii.com/prnewswire/2022/06/06/providence-health-plan-names-cheryl-morrison-bornstein-new-chief-operating-officer/
| 2022-06-06T17:31:02Z
|
SCFCS Venice earns highest rating on state report
Published: Aug. 18, 2022 at 5:59 PM EDT|Updated: 38 minutes ago
VENICE, Fla. (WWSB) - For the first time, The State College of Florida Collegiate School in Venice has earned an “A” rating from the Florida Department of Education for the the 2021-2022 school year.
The state of Florida grades its schools based on 11 components, including achievement on standardized assessments, graduation rate, and college and career acceleration.
SCFCS Venice opened in 2019 and has since graduated 42 students this past spring.
Students at the school posted some of the highest 9th grade assessment scores in the A-rated Sarasota County school district.
Copyright 2022 WWSB. All rights reserved.
|
https://www.mysuncoast.com/2022/08/18/scfcs-venice-earns-highest-rating-state-report/
| 2022-08-18T22:38:05Z
|
The Moderna and Pfizer/BioNTech Covid-19 vaccines are now authorized for emergency use in young children. The US Food and Drug Administration expanded the authorizations for the vaccines Friday to include children as young as 6 months.
However, shots can't be given until the US Centers for Disease Control and Prevention's vaccine advisers have voted on whether to recommend them -- a vote is scheduled for Saturday -- and CDC Director Dr. Rochelle Walensky has signed off on that recommendation. The White House has said vaccinations for younger children may begin next week.
Moderna's vaccine is now authorized for use in children 6 months through 17 years and Pfizer/BioNTech's for children 6 months through 4 years. About 17 million kids under the age of 5 are now are eligible for Covid-19 vaccines.
"Many parents, caregivers and clinicians have been waiting for a vaccine for younger children and this action will help protect those down to 6 months of age. As we have seen with older age groups, we expect that the vaccines for younger children will provide protection from the most severe outcomes of COVID-19, such as hospitalization and death," FDA Commissioner Dr. Robert M. Califf said in a news release. "Those trusted with the care of children can have confidence in the safety and effectiveness of these COVID-19 vaccines and can be assured that the agency was thorough in its evaluation of the data."
Previously, the Pfizer/BioNTech vaccine was authorized for people 5 and older and approved for 16 and up, and Moderna's vaccine was authorized only for adults.
Dr. Peter Marks, director of the FDA's Center for Biologics Evaluation and Research, called Covid-19 vaccines for younger age groups a "milestone."
"It is a bit of a milestone to bring down the age range for these vaccines as we work through this," Marks said Wednesday in a meeting of the FDA's Vaccines and Related Biological Products Advisory Committee.
In that meeting, the committee members voted unanimously in favor of expanding the authorizations to include children as young as 6 months.
"To be able to vote for authorization of two vaccines that will protect children down to 6 months of age against this deadly disease is a very important thing," said committee member Dr. Archana Chatterjee, dean of the Chicago Medical School at Rosalind Franklin University.
She compared the day to December 2020, when the first Covid-19 vaccines were authorized for adults and older teens.
"I'm really pleased that we've reached this kind of milestone," said committee member Dr. Ofer Levy, of the Precision Vaccines Program at Boston Children's Hospital, who also likened the moment to when Covid-19 vaccines previously were authorized for other age groups.
"I recall our first vote a year ago or more on the first Pfizer authorization," Levy said. "I was one of the 17 votes in favor. I remember those early discussions -- even then, should the 16- and 17-year-olds be included? At that point, that was a controversial topic that was being discussed. And here we are now, as a committee unanimously recommending authorization down to 6 months of age. So we've come a long way."
Will the youngest children get vaccinated?
Many public health experts worry that even though the Covid-19 vaccines are now authorized for younger age groups, parents of these children might not take their kids to receive the vaccinations.
There is already slow uptake of Covid-19 vaccines among children in the United States.
"Having vaccine options for the youngest children is very important; however, we have seen a relatively low uptake of Covid vaccines in children in the 5- to 12-year-old group, and so my concern is that uptake in the youngest children under 5 years old might also be lower than we would like," Dr. Dan Barouch, director of the Center for Virology and Vaccine Research at Beth Israel Deaconess Medical Center in Boston, told CNN on Wednesday.
Barouch, who is not involved in the FDA's decision, helped develop and study the Johnson & Johnson Covid-19 vaccine.
He said there were "striking" differences in how many adults are fully vaccinated compared with children and teens.
Children 5 to 11 were the most recent group to become eligible for vaccination, in November. But just 29% of these children are fully vaccinated with their two-dose primary series in the United States, according to the CDC, compared with about:
- 60% of adolescents 12 to 17
- 64% of adults 18 to 24
- 67% of adults 25 to 39
- 75% of adults 40 to 49
- 82% of adults 50 to 64
- 94% of adults 65 to 74
- 88% of adults 75 and older
"We are planning and preparing for the rollout of pediatric vaccines. Of course, there's a lot of work to be done to look at uptake of this vaccine. Some of the polls and surveys that have gone out to the public have indicated an ongoing lessening of parents considering giving their children these vaccines over time," said Lori Tremmel Freeman, chief executive officer of the National Association of County and City Health Officials.
According to a Kaiser Family Foundation's Vaccine Monitor survey, published in May, only 18% of parents of children under 5 said they would vaccinate their child against Covid-19 as soon as a vaccine was available.
"I think the more the pandemic is in the rearview mirror for some people -- or they believe it is -- then the less compelled they will be to do this, and so we have a big public health education campaign ahead of us," Freeman said. "Also, health departments at the local level will be looking to understand the landscape of their community in terms of how many providers, pediatricians and pharmacies have actually signed up to give out the vaccine."
'Benefits seem to clearly outweigh the risks'
Under the FDA's authorization, the Moderna vaccine can be given as a two-dose primary series, at 25 micrograms each dose, to infants and children 6 months through 5 years of age. For older children, ages 6 to 11, the doses are administered at 50 micrograms.
The Pfizer/BioNTech vaccine now can be given as a three-dose primary series, at 3 micrograms each dose, for use in infants and children 6 months through 4 years.
The FDA's vaccine advisers have determined that the benefits of both vaccines outweigh the risks and that the vaccines have been "well-tolerated" among the children who received them in clinical trials.
"The benefits seem to clearly outweigh the risks, particularly for those with young children who may be in kindergarten or in collective child care," committee member Oveta Fuller, an associate professor of microbiology and immunology at the University of Michigan Medical School, said of the Moderna vaccine.
Committee member Dr. Art Reingold added that even though the risk of Covid-19 hospitalization and death is lower for young children than for adults, children already get vaccinations to protect them against diseases for which their risk is low.
"If we have a vaccine whose benefits outweigh the risks, then making it available to people is a reasonable choice. I would point out that we as a country continue to give a large number of vaccines to children where the risk of the child dying or being hospitalized of those diseases are pretty close to zero," such as polio and measles, said Reingold, of the University of California, Berkeley.
The number of Covid-19 hospitalizations and deaths in children is concerning and much higher when compared with influenza-related deaths and hospitalizations, Marks said.
"There still was, during the Omicron wave, a relatively high rate of hospitalization during this period," he said. "That rate of hospitalization actually is quite troubling, and if we compare this to what we see in a terrible influenza season, it is worse."
Marks said the number of deaths for children 4 and under during the first two years of the pandemic "also compares quite terribly to what we've seen with influenza in the past."
"We are dealing with an issue where I think we have to be careful that we don't become numb to the number of pediatric deaths because of the overwhelming number of older deaths here. Every life is important," he said, adding that "vaccine-preventable deaths are ones we would like to try to do something about."
He added that the Covid-19 vaccines are an intervention similar to the influenza vaccine, which has been broadly and routinely used and accepted to prevent deaths in all ages.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
|
https://www.albanyherald.com/features/health/fda-authorizes-covid-19-vaccines-for-younger-children/article_f5e315cb-9bec-5872-a6b0-a81a90582eb9.html
| 2022-06-17T14:36:05Z
|
Five companies to compete for most innovative visual AI startup on May 18, 2022 at the Embedded Vision Summit® in Santa Clara, California
SANTA CLARA, Calif., April 25, 2022 /PRNewswire/ -- The Edge AI and Vision Alliance™ today announced the finalists for the Vision Tank Start-Up Competition, the Alliance's annual competition that showcases the best new ventures using computer vision and visual AI in their products. Each finalist will pitch their company and product to judges during the final round of the Vision Tank, held live, on stage, in front of the Embedded Vision Summit audience on May 18, 2022, with winners announced for the Judges Award and the Audience Choice Award at the end of the session. The five finalists are:
Hummingbirds AI—Hummingbirds AI is an award-winning computer vision hub, creating privacy-first solutions for security and efficiency of enterprises, including GuacamoleID, a "FaceID for computers." As a cloud-independent app, it's an on-device authentication tool using video-based biometrics for authenticating workers or customers. https://hummingbirds.ai
linedance—linedanceAI Movality is a software solution for movement quality records for outpatient musculoskeletal providers who work with patients recovering from accidents or injuries. Movality transforms provider observations into explainable and actionable data-backed assessments to increase both practice and course of care retention through boosting patient understanding. https://www.linedanceai.com/
Oculi—Oculi is putting the "human eye" in AI. After decades of limited evolution, Oculi has charted the path to optimal machine vision starting with the OCULI SPU, the only Software-Defined Vision Sensor on a single chip that delivers actionable data with up to 30x improvement in the fundamental power-latency trade off. https://www.oculi.ai
Qlairvoyance—Qlairvoyance is an AI platform for radar sensors that enables applications to take advantage of "x-ray visual intelligence": sensing intelligence that is extracted beyond the field of view, privacy preserving, and agnostic to lighting conditions. Use cases include detection and tracking of people and concealed items. https://qlairvoyance.com
Tempo Analytics—Tempo Analytics provides business analytics solutions using state of the art advancements in machine vision and machine learning. Tempo specializes in the fast food industry, providing solutions for the accurate estimation of speed of service, identification of congestion areas, and behavioral analysis. https://tempo-analytics.ai/
Finalist video pitches are now available at https://embeddedvisionsummit.com/vision-tank.
"We received numerous outstanding Vision Tank entrants this year! Our judging panel had the tough task of selecting finalists based on technical innovation, business plan, team and business opportunity," said Jeff Bier, founder of the Edge AI and Vision Alliance. "These five finalists really demonstrate the diversity of visual AI applications rapidly emerging across industries."
Hummingbirds AI, Oculi, Qlairvoyance, and Tempo Analytics will also be exhibiting in the Summit's Technology Exhibits, along with a record number of 75 other exhibitors.
Registration for the Summit is open at https://embeddedvisionsummit.com.
The Embedded Vision Summit is operated by the Edge AI and Vision Alliance, a worldwide industry partnership bringing together technology providers and end-product companies to accelerate the adoption of edge AI and vision in products. More at https://edge-ai-vision.com.
MEDIA CONTACT:
Brianna Crowl
Mobile: +1 760 687 5110
Email: crowl@edge-ai-vision.com
View original content to download multimedia:
SOURCE Edge AI and Vision Alliance
|
https://www.kxii.com/prnewswire/2022/04/25/2022-vision-tank-start-up-competition-finalists-announced-by-edge-ai-vision-alliance/
| 2022-04-26T00:21:06Z
|
Cleco Power Launches Major Louisiana Economic Initiative: Project Diamond Vault
Published: Apr. 11, 2022 at 4:51 PM CDT|Updated: 29 minutes ago
$9 Million in Congressional Funding Secured to Support Engineering Study
PINEVILLE, La., April 11, 2022/PRNewswire/ -- Cleco Power is investing in the development of a new, state-of-the-art carbon capture facility located in the heart of central Louisiana at the Brame Energy Center. Project Diamond Vault, which will begin with a Front End Engineering Design (FEED) study, will re-engineer Cleco's existing Madison 3 plant to reduce 95% or more of its carbon dioxide emissions through carbon capture and sequestration (CCS) technology.
"Diamond Vault will bring Cleco to the forefront of environmentally friendly energy production," President and CEO, Cleco Corporate Holdings LLC, Bill Fontenot said.
"Our organization has been honored to work collaboratively with Louisiana Economic Development (LED) to bring this innovative technology to our state through the FEED study, which will ensure the advancement of the energy industry and support the health and well-being of our communities," Fontenot said.
Diamond Vault will be one of the first American projects to capture the existing CO2 emissions of a power plant and sequester them in geological formations. Madison 3 already has low emissions of sulfur dioxide, nitrogen oxides and particulates because of its use of advanced combustion technology and pollution control measures. The installation of CCS technology through Diamond Vault will ensure that Madison 3 remains a state-of-the-art solid fuel plant.
Diamond Vault is expected to create an average of 1,100 direct construction jobs over a three-year period and 30-40 new permanent positions. On a statewide basis, LSU economist Dr. Loren Scott estimates that Diamond Vault, during the construction period, will create an average of 2,900 jobs each year, inject $2.7 billion in increased sales and household earnings into the Louisiana economy and produce $50 million in increased state tax revenues. Construction of Diamond Vault is expected to begin in 2025 and commercial operation is planned for 2028.
The FEED study for Diamond Vault will take about 18 months to complete and is projected to cost approximately $12 million. Cleco has secured a $9 million congressional appropriation to be administered and disbursed by LED which will help to defray the FEED study cost. After the study, Cleco plans to raise project capital funding of approximately $900 million through tax credits, Department of Energy grants and private equity investment.
Diamond Vault was unveiled during a press announcement on April 11 and has been in planning by Cleco with the support of political leaders and LED for more than a year. United States Senator Bill Cassidy, M.D. was instrumental in advancing the project through his sponsorship of FEED study funding in the enacted 2022 Omnibus Appropriations Bill.
Cleco has retained expert assistance to bring Project Diamond Vault to fruition. Sargent & Lundy, a Chicago-based global power and energy design firm, is serving as owner's engineer. Battelle, a private nonprofit dedicated to scientific and technological commercialization and advancement, is advising on the characterization of geological storage capacity, permitting and storage operations.
"Our customers deserve a world where anyone can access clean power. We invest in these efficiency and optimization technologies today, so that our communities can experience a brighter future tomorrow," Fontenot said.
About Cleco Power LLC Cleco Power is a regulated electric public utility company that owns nine generating units with a rated capacity of 3,035 MWs and serves approximately 291,000 customers in Louisiana through its retail business and supplies wholesale power in Louisiana and Mississippi. For more information about Cleco, visit www.cleco.com.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
|
https://www.kxii.com/prnewswire/2022/04/11/cleco-power-launches-major-louisiana-economic-initiative-project-diamond-vault/
| 2022-04-11T22:20:45Z
|
Editor’s Note: As discussed in a recent column, Will Thault — in celebration of “Freedom Month” — will take a look throughout the month of July at President Franklin Roosevelt’s famous “Four Freedoms” speech. For a look at Norman Rockwell’s “Four Freedoms” illustrations based on Roosevelt’s words, follow this link: Norman Rockwell Four Freedoms paintings inspired by Franklin Roosevelt.
“The Americans combine the notions of religion and liberty so intimately in their minds, that it is impossible to make them conceive of one without the other.”
— Alexis de Tocqueville (French Historian & Political Scientist 1805-1859)
De Tocqueville may have gotten it right more than he could’ve realized in those early days of our newly formed union. Ever since the Declaration of Independence, nations watched while we became the world’s first R&D lab for liberty. After winning our freedom from British rule, we attempted to better define those ideas of liberty in the form of a U.S. Constitution, amplified by the first Ten Amendments that became known as our Bill of Rights. The touchstone of those “rights” is found in the First Amendment which begins, “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof …”
The genius of America’s Great Experiment was due to the basic recognition of man’s inalienable rights not granted by any government or king, but provided by God as our Creator. The government of the United States was established to grant us the freedom to worship our God, each in our own personal way, as a choice, not a dictate. The Declaration of Independence made clear that our nation was born to protect those rights and the pursuit of happiness, not to take these freedoms away. The idea of the “separation of church and state” didn’t mean freedom from religion, but rather freedom of religion — without government control or interference.
Fast forward to a world desperate for release from bondage pressed upon them by evil dictatorships eager to crush all freedoms forever with an iron fist. Recognizing America’s role as a lone beacon of hope for those lost liberties, President Franklin D. Roosevelt spoke of his vision of a world to come during his State of the Union Address to Congress in 1940, with his second of the Four Freedoms: “freedom of every person to worship God in his own way — everywhere in the world.”
This proclamation was later interpreted by Norman Rockwell in an iconic painting that he named, “Freedom of Worship.” First published in “The Saturday Evening Post” at the height of World War II, it came to popularize that uniquely American concept of a balanced relationship between religion and liberty. The illustration portrays the profiles of eight heads overlapping and close together, representing people of different faiths worshipping together in a moment of prayer facing into the light. The caption above it reads, “Each according to the dictates of his own conscience.”
Historian and philosopher Will Durant contributed an essay that accompanied the painting in the Post. In it he wrote, “For men came across the sea not merely to find new soil for their plows but to win freedom for their souls, to think and speak and worship as they would. This is the freedom men value most of all; for this they have borne countless persecutions and fought more bravely than for food or gold … what is the finest thing about them? It is that they do not demand that others should worship as they do, or even that others should worship at all … mutely these worshipers understand that faith takes many forms, and that men name with diverse words the hope that in their hearts is one.”
This First Amendment right was recently upheld in a 6-3 decision by the U.S. Supreme Court regarding a high school football coach who’d lost his job because he knelt at midfield after games while offering a quiet prayer of thanks. In delivering the majority opinion for the Court, Justice Gorsuch said that “Both the Free Exercise and Free Speech Clauses of the First Amendment protect expressions like (coach) Kennedy’s.
“Respect for religious expressions is indispensable to life in a free and diverse Republic — whether those expressions take place in a sanctuary or on a field, and whether they manifest through the spoken word or a bowed head. Here, a government entity sought to punish an individual for engaging in a brief, quiet, personal religious observance doubly protected by the Free Exercise and free Speech Clauses of the First Amendment … on a mistaken view that it had a duty to ferret out and suppress religious observances even as it allows comparable secular speech. The Constitution neither mandates nor tolerates that kind of discrimination.”
Ours was the first government that was based, not upon a specific religion, the result of a conquest won by a king or the establishment of a military power, but an idea that “all men (and women) are created equal.”
Freedom to worship in our own way is one of the ironclad guarantees set forth in the Constitution — a liberty that’s often taken for granted, until we realize that even today there are many countries around the world where those same rights are routinely suppressed, persecuted or outlawed. In spite of Roosevelt’s desire for “freedom of every person to worship God in his own way — everywhere in the world,” the dream remains an aspiration rather than reality. Perhaps the world’s still waiting for that beacon of hope to return.
|
https://www.albanyherald.com/will-thault-freedom-month-part-2-freedom-of-worship/article_8c1a2244-ff1e-11ec-82f3-c372cbc4681d.html
| 2022-07-09T22:25:06Z
|
Protesters have been gathering across the US for several days to voice their opposition to the possible overturning of Roe v. Wade. And over the weekend, the situation got even more personal when dozens of demonstrators showed up at Supreme Court justices' homes.
Here's what you need to know to Get Up to Speed and On with Your Day.
(You can get "5 Things You Need to Know Today" delivered to your inbox daily. Sign up here.)
1.Ukraine
In a speech earlier today, Russian President Vladimir Putin falsely accused the West of leaving him no choice but to invade Ukraine. This comes as Russia is celebrating Victory Day, an annual commemoration of the country's defeat of Nazi Germany at the end of World War II. Typically, the day is celebrated with thousands of troops assembling outside the Kremlin, but this year appears to be a "very low key" affair, according to a defense industry analyst. Russia's celebration comes after 60 civilians were likely killed on Saturday when a Russian aircraft dropped a bomb on a school in Luhansk, a Ukrainian official said. Western countries reacted to the bombing with outrage, including UK Foreign Secretary Liz Truss, who said she was "horrified" and that the attack "amounts to war crimes." Yesterday, first lady Jill Biden spent part of Mother's Day making an unannounced trip to Uzhhorod, Ukraine, a small city in the far southwestern corner of the country. The first lady is the latest high-profile American to visit the war-torn region in recent weeks.
2. Inflation
President Joe Biden is expected to deliver remarks on inflation tomorrow as Americans continue to struggle with rising costs everywhere from grocery stores to gas pumps. "He'll detail his plan to fight inflation and lower costs for working families, and contrast his approach with Congressional Republicans' ultra-MAGA plan to raise taxes on 75 million American families and threaten to sunset programs like Social Security, Medicare, and Medicaid," a White House official said. A recent CNN poll found 8 in 10 US adults said the federal government wasn't doing enough to curb inflation, and a majority said the President's policies have hurt the economy. Inflation rates have been increasing sharply since August 2021 and have been out of the normal 2%-to-4% range for a full year. The Consumer Price Index rose 8.5% for the year ending in March -- a level not seen since 1981.
3. Coronavirus
The Biden administration is issuing a new warning that the US could potentially see 100 million Covid-19 infections this fall and winter. The White House is sharing these estimates as officials are publicly stressing the need for more funding from Congress to combat the virus. With an anticipated rise in coronavirus cases driven by an offshoot of the Omicron subvariant BA.2, health experts say now is not the time to loosen precaution measures, especially as many people are attending graduations and other large gatherings this month. "These new variants are so contagious that a cloth mask just isn't sufficient. You really should be wearing a high-quality respirator mask, like an N95, KN95 or KF94," CNN Medical Analyst Dr. Leana Wen said.
4. Baby Formula
For months now, stores nationwide have been struggling to stock enough baby formula. Manufacturers say they're producing at full capacity and making as much formula as they can, but it's still not enough to meet current demand. The out-of-stock rate for formula stands at 40%, statistics show. In six states -- Iowa, South Dakota, North Dakota, Missouri, Texas and Tennessee -- more than half of baby formula was completely sold out during the week starting April 24. Pharmacy chains CVS and Walgreens confirmed that their stores are limiting customers nationwide to three toddler and infant formulas per transaction. Other major retailers like Target and Walmart are also imposing similar constraints on baby formula purchases.
5. Inmate escape
It has been a week since a former Alabama corrections officer and an inmate charged with murder went missing from a jail, and authorities remain in the dark on where the pair may have gone. On Friday, the vehicle officials believe Vicky White, 56, and inmate Casey White, 38, were traveling in during their escape from the Lauderdale County Detention Center in Alabama was located in a Tennessee tow lot and completely cleaned out, Sheriff Rick Singleton said. The two are not related, but may have had a romantic relationship, officials said. Investigators also believe Vicky White's experience in law enforcement has helped the pair escape capture. She now has an active arrest warrant for allegedly permitting or facilitating escape in the first degree.
BREAKFAST BROWSE
Weird and wonderful food and drink pairings
Dessert wine with mac and cheese. Delicious! These are decadent pairings you might not expect.
HBO released its latest trailer for the 'Game of Thrones' prequel
It's the trailer that fans have waited so patiently for... House Targaryen is back -- and coming to your screens in August.
Family thought they rescued a stray puppy. It turned out to be a coyote.
Look at how cute and harmless it is... for now.
What Trader Joe saw that everyone else missed
Check out the brief origin story of the popular grocery store empire.
'Doctor Strange' conjures big box office opening for Marvel
Don't worry, no spoilers here. Just big news that the film has already made $450 million worldwide in a few days.
TODAY'S NUMBER
$100,000
That's how much a fleece jacket worn and signed by Ukrainian President Volodymyr Zelensky fetched at a fundraiser for Ukraine. The event, hosted by the Ukrainian Embassy in London on Thursday, raised more than $1 million. Other items auctioned off included toys donated by Ukrainian First Lady Olena Zelenska and photos by a photographer killed in the conflict.
TODAY'S QUOTE
"Many girls and students of color are left out of our nation's gifted and talented programs. Society will lose out on the potential scientist who cures a major disease, the entrepreneur who starts the next Amazon and so much more. All because of their gender and/or skin color."
-- Haley Taylor Schlitz, a 19-year-old who will soon become Southern Methodist University's youngest-ever law school graduate. Upon graduating this Friday, Schlitz plans to work on education policy issues and increase opportunities "for gifted and talented girls and students of color," according to a news release from the university.
TODAY'S WEATHER
AND FINALLY
Dog picks his son's name
Yes, this dad dog picked his own puppy's name! Trust me, you won't regret watching this minute of cuteness. (Click here to view)
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
|
https://www.albanyherald.com/news/5-things-to-know-for-may-9-ukraine-inflation-covid-19-baby-formula-inmate-escape/article_3e99f061-c4bd-5ed2-b517-347118bacd74.html
| 2022-05-09T12:02:42Z
|
SAN FRANCISCO and SUZHOU, China, May 15, 2022 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high quality medicines for the treatment of oncology, autoimmune, metabolic, ophthalmology and other major diseases, today announced that the company will present clinical data from multiple trials in relation to TYVYT® (sintilimab injection), Pemazyre® (pemigatinib), olverembatinib (BCL ABL TIK), IBI110 (anti-LAG-3 monoclonal antibody), IBI376 (PI3Kδ inhibitor), IBI344 (ROS1/NTRK TKI), IBI351 (KRAS G12C inhibitor) and IBI319 (PD-1/CD137 bispecific antibody) at the 2022 American Society of Clinical Oncology (ASCO) annual meeting, June 3-7, 2022. A brief summary of the studies is as follows:
Cancer Type: Gastric cancer
Topic: Efficacy and safety of IBI110 in combination with sintilimab in first-line advanced HER2-negative gastric cancer or gastroesophageal junction cancer: preliminary results from a phase Ib study
Presentation Type: Abstract
Abstract Number: e16097
Researcher: Professor Chenyu Mao, Professor Nong Xu, The First Affiliated Hospital, School of Medicine, Zhejiang University
Cancer Type: Lung cancer
Topic: Efficacy and safety of IBI110 (anti-LAG-3 mAb) in combination with sintilimab (anti-PD-1 mAb) in first-line advanced squamous non-small cell lung cancer (sqNSCLC): initial results from a phase Ib study
Presentation Type: Abstract
Abstract Number: e21145
Researcher: Professor Caicun Zhou, Shanghai Pulmonary Hospital; Professor Nong Xu, The First Affiliated Hospital, School of Medicine, Zhejiang University
Cancer Type: Cholangiocarcinoma
Topic: Pemigatinib in Chinese patients with advanced/metastatic or surgically unresectable cholangiocarcinoma including FGFR2 fusion or rearrangement: updated data from an open-label, single-arm, multi-center Phase II study (CIBI375A201 study)
Presentation Type: Abstract
Abstract Number: e16183
Researcher: Professor Guo-Ming Shi, Professor Jian Zhou, Zhongshan Hospital, Fudan University, Shanghai, China
Cancer Type: Solid Tumors
Topic: IBI110 (anti-LAG-3 mAb) as a single agent or in combination with sintilimab (anti-PD-1 mAb) in patients with advanced solid tumors: updated results from the phase Ia/Ib dose-escalation study
Presentation Type: Poster
Abstract Number: 2650
Researcher: Professor Nong Xu, The First Affiliated Hospital, School of Medicine, Zhejiang University; Professor Caicun Zhou, Shanghai Pulmonary Hospital
Cancer Type: Solid Tumors
Topic: Phase I study of the efficacy and safety of IBI319 (PD-1/CD137 bispecific antibody) in patients with advanced malignant tumors
Presentation Type: Poster
Abstract Number: 2646
Researcher: Professor Yi-Long Wu, Guangdong Lung Cancer Institute, Guangdong Provincial People's Hospital & Guangdong Academy of Medical Sciences
Cancer Type: Solid Tumors
Topic: Phase I dose-escalation study of IBI351 (GFH925) monotherapy in patients with advanced solid tumors
Presentation Type: Poster
Abstract Number: 3110
Researcher: Professor Qing Zhou, Professor Yi-Long Wu, Guangdong Lung Cancer Institute, Guangdong Provincial People's Hospital, Guangdong Academy of Medical Sciences
Cancer Type: Hematologic Cancers
Topic: A Phase II, multi-center, single-arm study of parsaclisib, a PI3Kδ inhibitor,in relapsed or refractory follicular lymphoma in China: updated data from the study
Presentation Type: Poster
Abstract Number: 7574
Researcher: Professor Zhong Zheng, Professor Weili Zhao, Shanghai Institute of Hematology, State Key Laboratory of Medical Genomics, National Research Center for Translational Medicine at Shanghai, Ruijin Hospital, Shanghai Jiao Tong University School of Medicine
Cancer Type: Lung Cancer
Topic: The Efficacy and Safety of Taletrectinib in TKI-naïve or Crizotinib-pretreated ROS1-positive Non-Small Cell Lung Cancer (NSCLC) Patients.
Presentation Type: Poster
Abstract Number: 8572
Researcher: Professor Wei Li, Professor Caicun Zhou, Shanghai Pulmonary Hospital
Cancer Type: Sarcoma
Topic: Promising antitumor activity of olverembatinib (HQP1351) in patients (pts) with tyrosine kinase inhibitor- (TKI-) resistant succinate dehydrogenase- (SDH-) deficient gastrointestinal stromal tumor (GIST).
Presentation Type: Poster Discussion
Abstract Number: 11513
Researcher: Professor Haibo Qiu, Sun Yat-sen University Cancer Center
Inspired by the spirit of "Start with Integrity, Succeed through Action," Innovent's mission is to develop, manufacture and commercialize high-quality biopharmaceutical products that are affordable to ordinary people. Established in 2011, Innovent is committed to developing, manufacturing and commercializing high-quality innovative medicines for the treatment of cancer, autoimmune, metabolic, ophthalmology and other major diseases. On October 31, 2018, Innovent was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code: 01801.HK.
Since its inception, Innovent has developed a fully integrated multi-functional platform which includes R&D, CMC (Chemistry, Manufacturing, and Controls), clinical development and commercialization capabilities. Leveraging the platform, the company has built a robust pipeline of 32 valuable assets in the fields of cancer, autoimmune, metabolic, ophthalmology and other major therapeutic areas, with 7 products approved for marketing in China – TYVYT® (sintilimab injection), BYVASDA® (bevacizumab biosimilar injection), SULINNO® (adalimumab biosimilar injection), HALPRYZA® (rituximab biosimilar injection) , Pemazyre® (pemigatinib oral inhibitor) and olverembatinib (BCR-ABL TKI) and Cyramza® (ramucirumab), 1 asset under NMPA NDA review, 5 assets in Phase 3 or pivotal clinical trials, and an additional 19 molecules in clinical studies.
Innovent has built an international team with advanced talent in high-end biological drug development and commercialization, including many global experts. The company has also entered into strategic collaborations with Eli Lilly and Company, Adimab, Incyte, MD Anderson Cancer Center, Hanmi and other international partners. Innovent strives to work with many collaborators to help advance China's biopharmaceutical industry, improve drug availability and enhance the quality of the patients' lives. For more information, please visit: www.innoventbio.com. and www.linkedin.com/company/innovent-biologics/.
Note:
TYVYT® (sintilimab injection) is not an approved product in the United States.
BYVASDA® (bevacizumab biosimilar injection), SULINNO®, and HALPRYZA® (rituximab biosimilar injection) are not approved products in the United States.
TYVYT® (sintilimab injection, Innovent)
BYVASDA® (bevacizumab biosimilar injection, Innovent)
HALPRYZA® (rituximab biosimilar injection, Innovent)
SULINNO® (adalimumab biosimilar injection, Innovent)
Pemazyre® (pemigatinib oral inhibitor, Incyte Corporation). Pemazyre® was discovered by Incyte Corporation and licensed to Innovent for development and commercialization in Mainland China, Hong Kong, Macau and Taiwan.
CYRAMZA® (ramucirumab, Eli Lilly). Cyramza® was discovered by Eli Lilly and licensed to Innovent for commercialization in Mainland China.
Olverembatinib, a novel BCR-ABL TKI in-licensed for co-development and co-commercialization in greater China with Ascentage Pharma.
IBI-376 (parsaclisib) , a potent, highly selective, next-generation investigational novel oral inhibitor of PI3Kδ in-licensed from Incyte for development and commercialization in greater China.
IBI344 (taletrectinib), a novel next-generation ROS1/NTRK TKI in-licensed from AnHeart Therapeutics.
IBI351, a novel, orally active, potent KRAS G12C inhibitor in-licensed from and co-developed with Genfleet.
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Innovent, are intended to identify certain of such forward-looking statements. The Company does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of the Company with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, the Company's competitive environment and political, economic, legal and social conditions.
The Company, the Directors and the employees of the Company assume (a) no obligation to correct or update the forward-looking statements contained in this site; and (b) no liability in the event that any of the forward-looking statements does not materialise or turn out to be incorrect.
View original content:
SOURCE Innovent Biologics
|
https://www.wibw.com/prnewswire/2022/05/16/innovent-will-present-clinical-data-ibi110-anti-lag-3-monoclonal-antibody-other-multiple-trials-2022-american-society-clinical-oncology-asco-annual-meeting/
| 2022-05-16T00:55:18Z
|
J.P. Morgan will join AFP in its efforts to introduce corporate treasury and finance careers to underrepresented communities.
BETHESDA, Md., Sept. 7, 2022 /PRNewswire/ -- The Association for Financial Professionals (AFP) announced J.P. Morgan will join forces to empower college students and young professionals interested in treasury and finance careers, as part of AFP's Diversity, Equity and Inclusion (DEI) Awareness Initiative for Treasury and Finance.
J.P. Morgan will work with AFP in helping aspiring young professionals from diverse backgrounds lead rewarding careers in treasury and finance, through professional development, skills building, ongoing training and continuous learning.
As part of the initiative, AFP offers scholarships for its Certified Treasury Professional and Certified Corporate FP&A Professional certifications. AFP also provides resources to help employers bolster their own DEI programs.
"The corporate treasury and finance profession will only grow stronger when there is a diverse set of skills, backgrounds and viewpoints at the table," said Jim Kaitz, president & CEO of AFP. "At AFP, we are committed to working with our partners to provide individuals from diverse backgrounds with the tools and opportunities they need to become the leaders that will drive the profession forward."
"Diversity and inclusion is critical to the success and growth of our industry, both for us as a firm, and for our clients," said Lori Schwartz, managing director and global head of liquidity and account solutions, J.P. Morgan. "Treasury and finance is a very exciting space, and we will need talent from all backgrounds to create the best financial and technology solutions together for the future."
Please direct all press inquiries to Melissa Rawak, managing director, at mrawak@afponline.org.
About AFP®
Headquartered outside of Washington, D.C., and located regionally in Singapore, the Association for Financial Professionals (AFP) is the professional society committed to advancing the success of treasury and finance members and their organizations. Established and administered by AFP, the Certified Treasury Professional and Certified Corporate FP&A Professional credentials set standards of excellence in treasury and finance.
View original content to download multimedia:
SOURCE Association for Financial Professionals (AFP)
|
https://www.kxii.com/prnewswire/2022/09/07/jp-morgan-partners-with-association-financial-professionals-dei-awareness-initiative/
| 2022-09-07T14:54:47Z
|
South Africa police say 15 killed in bar shooting in Soweto
JOHANNESBURG (AP) — A mass shooting at a tavern in Johannesburg’s Soweto township has killed 15 people and left others in critical condition, according to police.
Police say they are investigating reports that a group of men arrived in a minibus taxi and opened fire on some of the patrons at the bar shortly after midnight Sunday.
Those injured have been taken to Chris Hani Baragwanath Hospital.
The number of cartridges found on the scene indicates that a group of people opened fire in the bar, said Gauteng province police commissioner Lt. Gen. Elias Mawela.
“The primary investigation suggests that these people were enjoying themselves here, in a licensed tavern operating within the right hours,” Mawela told The Associated Press.
“All of a sudden they heard some gunshots, that is when people tried to run out of the tavern. We don’t have the full details at the moment of what is the motive, and why they were targeting these people,” he said.
“You can see that a high caliber firearm was used and it was shooting randomly. You can see that every one of those people were struggling to get out of the tavern,” Mawela told The Associated Press.
The area where the shooting took place was very dark, making it harder to find people who could identify the suspects, he said.
Rifles and a 9 mm pistol were used in the attack, said national police spokeswoman Col. Dimakatso Sello.
In a separate incident, four people were shot dead by unknown gunmen at a tavern in Sweetwaters township in the coastal city of Pietermaritzburg on Saturday night.
According to the police, two men entered the tavern and randomly opened fire on the patrons, killing two people on the scene while two others were confirmed dead at the hospital. Police said 8 other people are receiving treatment in a hospital. The deceased were aged between 30 and 45 and police are investigating charges of murder and attempted murder, police said.
“The team will be working around the clock to track down and bring to book those responsible for this shooting”, said Kwazulu-Natal police commissioner Gen. Nhlanhla Mkhwanazi.
The bar shootings come two weeks after 21 teenagers were found dead in a tavern in the city of East London. The cause of those deaths has not yet been announced by authorities, but the teens were not shot nor crushed in a stampede, according to officials.
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.wibw.com/2022/07/10/south-africa-police-say-15-killed-bar-shooting-soweto/
| 2022-07-10T12:01:37Z
|
Tree-cutting crane flips over, crashes into home
SHREVEPORT, La. (KSLA) – A home’s roof was crushed in Louisiana this weekend when a tree service crane vehicle flipped over onto it.
Firefighters who were called to respond to the home Saturday around 9 a.m. saw the crane had crashed into the home.
“It appears to be something that went awry when it came to the weight after they cut a section of the tree off and it caused what you see to happen,” Assistant Fire Chief Mark Guastella told KSLA. “In doing so, the boom of the truck went through the house and so it damaged the house significantly.”
Guastella said everyone inside the house was able to get out on the opposite side and weren’t hurt.
The driver of the crane was also uninjured.
It required special heavy machinery operators to remove the crane due to its unstable position.
Copyright 2022 KSLA via Gray Media Group, Inc. All rights reserved.
|
https://www.mysuncoast.com/2022/08/22/tree-cutting-crane-flips-over-crashes-into-home/
| 2022-08-22T16:05:49Z
|
7 things to do before summer ends: Kayaking, bike rides, rock hall, Cedar Point, music
August is when school sports practices begin, teachers count down the days to resuming class and plans are made for one last family vacation.
But it's also a time to squeeze in more fun before temperatures drop and summertime slips away.
Stark County and the region offer a host of excursions and weekend activities.
Here's a look at seven things to do before the end of summer
Kayaking
On a recent weekday afternoon, I experienced both the tranquility and fun of a kayak ride down the Tuscarawas River.
Renting kayaks at the Trailhead Canoe Livery through Ernie's Bicycle Shops in the Massillon area, a weekday afternoon meant we were the only group drifting along the river for most of our three-mile trip.
A gentle current turned the water into an oversized lazy river. Alternating between shade and bright sunlight, the conditions were ideal, with a burst of small rapids mixed in while passing beneath a few bridges.
Kayaks also can be rented through Stark Parks, including at the Sippo Lake and Walborn Reservoir marinas. For more information, go to https://starkparks.com/kayaking/ or call Sippo Lake at 330-479-2358 and Walborn Reservoir at 330-935-0367.
Options also include Canal Fulton Canoe Livery and NTR Canoe Livery in the Bolivar area. Burning River Adventures also offers kayaking on the Cuyahoga River.
Road trip to Cleveland
On a recent road trip to downtown Cleveland, I checked out two popular destinations — the Rock & Roll Hall of Fame and Westside Market.
About 15 minutes after walking into the rock hall, my 16-year-old daughter declared: "Dad, this place is so you."
And she was spot on. History, rock music and cool and often quirky memorabilia checked all the boxes for me.
Features are too vast to mention, but here are a few — a new Beatles exhibit well suited for casual or devoted fans of the Fab Four or the younger generation who only vaguely knows of their legend; interactive displays where you can watch and listen to the induction speeches of individual bands and artists; video terminals where you can read about and listen to iconic songs; an Elvis exhibit in an intimate theater-style setting; exhibits honoring nearly every genre and niche of popular music, including Seattle's grunge scene, punk rock, rap and hip-hop and Ohio's rock history.
Advanced online ticket purchases are required. Registering for a specific time to visit is also required in order to limit capacity. Adult tickets are $35 or $30 for Northeast Ohio residents (verified with identification); children ages 6 to 12 are $25.
The rock hall is at 1100 Rock and Roll Blvd. For more details, go to www.rockhall.com/ or call 216-781-7625. Current hours are 10 a.m. to 8 p.m. Thursday, Friday and Saturday; Sunday, Monday, Tuesday and Wednesday are 10 a.m. to 5 p.m.
Another Cleveland area rite of passage is the indoor West Side Market in historic Ohio City. Although some vendor spots were vacant, it's still a bustling haven of fresh produce, enticing baked goods, meats, seafood, pasta, pepperoni rolls, pierogi, and ethnic specialties, including Middle Eastern foods.
Visiting with guests from France, they were impressed with the variety of food offerings and found it difficult to select from the assorted desserts, including Russian tea biscuits, macarons, key-lime bombs, cream puffs, coconut cake, scones and cheesecake.
Besides the food, it's also worth visiting for the bygone and unique architecture. Visitors walk beneath expansive, arched brick ceilings.
Opened in 1912, it's the city’s oldest, continuously operating, municipally-owned market.
Open year around, normal market hours are 8 a.m. to 5 p.m. Monday, Wednesday and Friday; 7 a.m. to 5 p.m. Saturday; and 10 a.m. to 4 p.m. Sunday.
For more information, visit https://westsidemarket.org/ or call 216-664-3387. West Side Market is at 1979 W 25th St.
Another fun outing in Cleveland is photographing vivid and striking mural art decorating numerous buildings, retaining walls and bridges.
Works include the "Greetings from Cleveland" postcard-style mural on the side of a brick building at 2104 West 25th Street at Chatham. The piece was created by New York City graffiti artist Victor Ving.
Another beauty is the Shoreway Mural on Washington Avenue between West 25th and West 28th streets. Spanning 620 feet, it's the largest mural in Ohio, and was completed with the help of Cleveland artists.
Created by Brazilian artist Ananda Nahu, the mural is among several in Hingetown and part of the Creative Fusion mural project, which was funded by the Cleveland Foundation.
One of my personal favorites is the Prince mural on the West Shoreway retaining wall at West 25th Street and Main.
The singer and musician is depicted wearing his signature sunglasses and purple coat.
Cuyahoga Valley National Park
National parks conjure thoughts of the grandiose and famous – think Grand Canyon, Yosemite, Yellowstone, Joshua Tree, Zion, Glacier and Grand Teton.
But within an hour drive of the Canton area is Cuyahoga Valley National Park.
Majestic in its own right, the sprawling park stretches between Akron and Cleveland, offering an eclectic patchwork of sites in urban and rural areas.
Biking opportunities are many, including on the Towpath Trail and the Summit Metro Parks Bike & Hike Trail.
Recommended hikes include Ledges Trail, Brandywine Gorge, and a hike on the Buckeye Trail from Boston Mill Visitor Center to Blue Hen Falls.
Highlights in the sprawling national park also include the Tinker's Creek Gorge Scenic Overlook at Bedford Reservation; the 65-foot Brandywine Falls, Bridal Veil Falls, Ledges Overlook in the Virginia Kendall area, Everett Covered Bridge, and the solitude and beauty of Indigo Lake at 4300 Riverview Road in Peninsula.
Everett Covered Bridge, which crosses Furnace Run, is the only remaining covered bridge in Summit County. The bridge is at 2370 Everett Road in Peninsula, a half-mile west of Riverview Road.
Recommendations include a stop at Boston Store, 1550 Boston Mills Road West in Peninsula, where you can purchase both snacks and park-themed clothing and gifts, as well as the Cleveland-based Mitchell's Homemade ice cream, available by the half-pint.
Also suggested is a visit to the Countryside Farmers' Market on Saturdays starting at 9 a.m.
More:Waterfalls await in Cuyahoga Valley National Park — Brandywine, Bridal Veil, Great Falls
More:Boston Store at Cuyahoga Valley National Park features Mitchell's ice cream, other goodies
To learn more, a good place to start is the Boston Mill Visitor Center, 6947 Riverview Road in Peninsula. For more information, go to www.nps.gov/cuva/boston-mill-visitor-center.htm.
Amish Country
Enjoying the serene beauty of Amish Country can be done any season.
But summertime is ideal for walking through tourist areas such as Berlin, Millersburg, Walnut Creek, Sugarcreek and Kidron, as well as taking an Amish house tour and buggy ride.
A recommended tour is Yoder's Amish Home in the Millersburg area in Holmes County. Touring the home and farm provide background and insight into Amish life and culture. The barn was constructed in 1885.
Yoder's Amish Home is located on the scenic Amish byway State Route 515, north of Walnut Creek and south of of Winesburg. For tour hours and more details, go to https://yodersamishhome.com/ or call 330-893-2541.
Homestyle cooking and baked goods are also part of the Amish experience. Recommendations include Der Dutchman Amish Kitchen Cooking, 4967 Walnut St. in Walnut Creek, where classic dishes are served, including slow-roasted roast beef and mashed potatoes with gravy; broasted or baked chicken; roast pork; baked ham; noodles ladled over scratch-made mashed potatoes; and chicken pot pie, as well as slices of homemade pie, including Dutch apple, butterscotch cream, red raspberry cream, custard and chocolate cream.
For more details, go to www.visitamishcountry.com or call the Holmes County Chamber of Commerce & Tourism Bureau at 330-674-3975.
Amish tours are also given in Tuscarawas County, including Amish Heritage Tours in Berlin and Troyer's Amish Tours in Sugarcreek. For more information, visit www.visitamishcountry.com/adventures/tours-amish-experiences.
Akron Rubber Ducks game
Summertime and baseball are synonymous.
Attending a Cleveland Guardians game offers the full Major League Baseball experience. But for those looking for a scaled-down version closer to home, check out the Rubber Ducks at Canal Park, 300 S. Main St. in downtown Akron.
Ball park charm is fully present — a team mascot, scoreboard and lots of food, including Cracker Jack, hot dogs, peanuts, cheesesteak sandwiches and ice cream.
Extreme food offerings include a foot-long hot dog topped with pulled pork, fried onions and Stouffer’s macaroni and cheese; crispy fried popcorn chicken tossed in a homemade honey-hot sauce, placed in a waffle cone; and a jumbo hot dog topped with coleslaw, green onions and barbecue sauce served in a baked potato.
The Rubber Ducks are a double A affiliate of the Cleveland Guardians.
Promotions include Thirsty Thursday with $2 beer and soda. Games continue until Sept. 18, which is Fan Appreciation Night, at 6:05 p.m. against the Bowie Baysox.
Tickets can be purchased at www.milb.com/akron/tickets/single-game-tickets or by calling the box office at 330-253-5153.
Cedar Point
Even for those who are not roller coaster enthusiasts, Cedar Point is a summertime ritual with the atmosphere of carnival-style food, games, live music, dance shows and other entertainment.
Rides range from the classic Blue Streak wooden coaster, a nostalgic but bone-rattling trip back in time to the wickedly fierce and fast Steel Vengeance, considered among the best coasters in the world by amusement park aficionados.
Food favorites include fresh-cut fries at the Happy Friar or Hot Potato. and BackBeatQue, where brisket and pulled pork are made with backyard barbecue authenticity. Other options include Chick-Fil-A, Chickie's & Pete's, Coaster's Drive-In, Johnny Rockets, Lemmy's Walking Tacos, The Mac Shack, The Wild Turnip, French Quarter Confections, and Toft's Ice Cream Parlor.
August hours are 10 a.m. to 10 p.m. Monday through Thursday until Aug. 22, when hours are 10 a.m. to 8 p.m., and 10 a.m. to 11 p.m. on Fridays and Saturdays.
Visiting in August or September improve the chances of warm weather, although Cedar Point stays opens on weekends for Halloween-themed fun on select dates and nights Sept. 15 through Oct. 30
For park hours, ticket prices and other information, visit www.cedarpoint.com or call 419-627-2350.
Outdoor music
Sitting outside on a warm night listening to live music beats the indoor experience, as long as it's not raining.
And you can safeguard against the elements at Blossom Music Center by purchasing pavilion seats. The popular amphitheater still has lots of great shows scheduled through late summer, including The Black Keys on Sept. 9.
Other concerts include Rob Zombie and Mudvayne on Wednesday; Kid Rock with Foreigner on Friday; Korn and Evanescence on Aug. 23; Pitbull on Aug. 24; Nas and Wu-Tang Clan on Sept. 7.; and Nine Inch Nails on Sept. 24.
More:Summer 2022 guide to Blossom Music Center: Parking, restaurants, directions and more
More:2022 Blossom Music Center schedule: Here’s who’s playing concerts besides One Republic
For more information, visit www.clevelandamphitheater.com/ or call 330-920-8040. Blossom Music Center is at 145 W. Steels Corners Road in Cuyahoga Falls.
Venues in the Canton area include Jackson Amphitheater.
Jackson Amphitheater will have an Elton John tribute act (Elton Rohn) at 7:30 p.m. Aug. 13; Chris Higbee and the Jackson Township Frontline Workers Appreciation Concert at 7:30 p.m. Aug. 20; and Journey tribute band E5C4P3 at 7:30 p.m. Sept. 4.
The amphitheater sells alcohol, pizza and has food trucks on site.
Tickets are $10 general admission and $20 for VIP front stage or patio seating. To purchase tickets, visit www.jacksonamphitheater.com/events.
Reach Ed at 330-580-8315 and ebalint@gannett.com. On Twitter: @ebalintREP.
|
https://www.cantonrep.com/story/entertainment/2022/07/31/fun-before-summer-ends-kayaking-national-park-cedar-point-baseball/10129717002/
| 2022-07-31T11:56:48Z
|
Company's Crypto-Diverse Solution Enables Organizations to Easily and Affordably Migrate
Legacy Encryption to NIST-Backed PQCs with No Network Downtime or Interruptions
BETHESDA, Md. , July 5, 2022 /PRNewswire/ -- Quantum Xchange today announced its crypto-diverse key delivery system, Phio Trusted Xchange (TX), supports all final quantum-resistant cryptographic algorithms, as well as alternates, announced today by the U.S. Department of Commerce's National Institute for Standards and Technology (NIST). The four selected encryption algorithms will become part of NIST's post-quantum cryptographic (PQC) standard, expected to be finalized by 2024.
In addition to its crypto agility and quantum safe, out-of-band symmetric key delivery capabilities, Phio TX from Quantum Xchange offers a robust feature set that overcomes the everyday vulnerabilities introduced by common encryption practices. This includes the lack of key rotation of pre-shared keys; weak entropy sources leading to certificate collisions; human risk factors including poor implementation or programming errors and a single trusted user responsible for keys; and reliance on public key encryption (PKE) – where key generation and key delivery travel down the same transmission tunnel with the data. An attacker needs only to compromise a single weak link to retrieve all the secret information.
The final PQC selection process by NIST is only the beginning of this multiyear cryptographic transition that will require nearly every organization in the world to replace their classic encryption with quantum-safe solutions. Quantum Xchange has built a groundbreaking technology overlay that works with an organization's existing encryption environment, is vendor agnostic and platform independent, operates across any TCP/IP connection, and embraces the concept of crypto-diversification.
The Case for Crypto Diversification
While crypto-agility is widely understood and practiced as a reactionary measure to the quantum threat and harvesting attacks, crypto-diversification is the idea that organizations should proactively deploy a mix of asymmetric encryption, symmetric encryption, and various quantum-based methods, i.e., PQCs, Quantum Key Distribution (QKD), and Quantum Random Number Generator (QRNG) in their crypto environments. Further complexity and randomness can be achieved by sending a second key, out-of-band, down a separate quantum-protected tunnel and mesh network. With Phio TX, an attacker must now know that two keys are in play – when, where, and how they are paired. A near impossible feat, even for a quantum computer. For further explanation on the benefits of crypto-diversification, visit the recent Dark Reading opinion piece by Vince Berk, Chief Strategy Officer at Quantum Xchange.
Effortlessly Plugs into Your Existing Crypto Infrastructure for Immediate Quantum Safety
Enterprise proven and FIPS validated, Phio TX can be deployed today with very little lift, outlay, or the need to place new technology in the traffic path. Built for resiliency, the next-generation key delivery architecture gives users the peace-of-mind knowing their network communications infrastructure and data links are stronger today and future-proof from quantum attack. Here's how:
- Phio TX does not require the replacement of existing algorithms, equipment, or network infrastructure.
- Network performance or reliability is not degraded in any way.
- It works over any TCP/IP connection or network media type to deliver quantum-enhanced ephemeral key pairs on-demand, anywhere in the world.
- If desired, customers can begin with PQC then eventually add QKD with no changes needed to the underlying infrastructure, no fiber required, and no limitations on key delivery.
- Phio TX offers full accountability and auditability for both keys and data in motion. Users receive a complete view into when keys are exchanged between devices and how.
"Today is a pivotal day for quantum security and the official start of the greatest crypto migration in the history of computing. Because quantum computers are not yet commercially available to test these algorithms in real-word settings, unknowns and uncertainties persist," said Eddy Zervigon, CEO of Quantum Xchange. "As an industry, we make a lot of educated assumptions that are often proved wrong. Look no further than the breaking of Rainbow – the most peer reviewed PQC candidate algorithm up until it was broken in early 2022. We believe crypto-diversification is needed to augment NIST's crypto-agile recommendations and eliminate our reliance on a single point of failure. Phio TX is an ideal solution for buyers who seek simple, affordable, and highly scalable solutions to make their encryption infrastructure, and investment, future proof."
For more on how to prepare your organization for a multiyear, post-quantum transition, download the eBook, The Great Crypto Migration.
About Quantum Xchange
Quantum Xchange gives commercial enterprises and government agencies the ultimate solution for protecting data today and in the quantum future. Its award-winning crypto-diverse key delivery system, Phio Trusted Xchange (TX), mixes asymmetric, symmetric, and quantum-based encryption methods, i.e., post-quantum crypto (PQC), Quantum Random Number Generated (QRNG) keys, and Quantum Key Distribution (QKD), sent out-of-band down a separate quantum-protected tunnel and mesh network. Decoupling key generation and delivery from data transmissions allows organizations to practice crypto-agility with no network interruptions while experiencing the cost-benefits of making their existing crypto environment immediately quantum-safe. To learn more about future-proofing your data from whatever threat awaits, visit QuantumXC.com or follow us on Twitter @Quantum_Xchange #BeQuantumSafe #BeCryptoDiverse.
View original content to download multimedia:
SOURCE Quantum Xchange
|
https://www.wibw.com/prnewswire/2022/07/05/quantum-xchange-supports-all-post-quantum-standard-finalists-announced-by-nist/
| 2022-07-05T19:15:05Z
|
WACO — Services for Orris Otto Goldman, 85, of Hewitt and formerly of Belton will be 4 p.m. Sunday, Aug. 28, at Bible Way Church in Waco.
Please log in, or sign up for a
new account and
Subscribe for as little as $4
to continue reading.
To submit a free obituary, please email tdt@tdtnews.com.
To submit a paid obituary, please email advertiz@tdtnews.com with verbiage, along with an optional photograph.
WACO — Services for Orris Otto Goldman, 85, of Hewitt and formerly of Belton will be 4 p.m. Sunday, Aug. 28, at Bible Way Church in Waco.
Burial will be 11 a.m. Monday, Aug. 29, in Central Texas State Veterans Cemetery in Killeen.
Mr. Goldman died Saturday, Aug. 13.
He was born Dec. 26, 1936, in Ratibor to Paula and Otto Goldman. He was a mechanic in the Air Force, and later a mechanic at Lakeside Garage in Belton.
Survivors include his wife, Sally Goldman of Hewitt; a son, Kenneth Goldman of Morgan’s Point Resort; a daughter, Karen Goldman of Troy; six grandchildren; and five great-grandchildren.
In lieu of flowers, memorials may be sent to www.alzheimersinfo.org.
Wilkirson-Hatch-Bailey Funeral Home of Waco is in charge of arrangements.
|
https://www.tdtnews.com/obituaries/article_2e5cbc72-203c-11ed-8481-63af56cae7da.html
| 2022-08-20T06:26:01Z
|
OKLAHOMA CITY, July 19, 2022 /PRNewswire/ -- Chesapeake Energy Corporation (NASDAQ:CHK) today announced that it will release its 2022 second quarter operational and financial results after market close on Tuesday, August 2, 2022. A conference call to discuss the results has been scheduled on Wednesday, August 3, 2022 at 9:00 am EDT. The telephone number to access the conference call is 877-344-7529 or 412-317-0088 for international callers. The passcode for the call is 6061361.
Headquartered in Oklahoma City, Chesapeake Energy Corporation is powered by dedicated and innovative employees who are focused on discovering and responsibly developing our leading positions in top U.S. oil and gas plays. With a goal to achieve net-zero direct GHG emissions by 2035, Chesapeake is committed to safely answering the call for affordable, reliable, lower carbon energy.
View original content to download multimedia:
SOURCE Chesapeake Energy Corporation
|
https://www.wibw.com/prnewswire/2022/07/19/chesapeake-energy-corporation-provides-2022-second-quarter-earnings-conference-call-information/
| 2022-07-19T21:15:35Z
|
Join Efforts to Help Save Lives and Bring Hope to Those Affected by Suicide
CHICAGO, July 7, 2022 /PRNewswire/ -- Registration is now open for the Out of the Darkness Chicagoland Walk, an annual event that helps prevent suicide as well as bring hope to those affected by suicide. Sponsored by the Illinois chapter of The American Foundation for Suicide Prevention (AFSP), the walk will be held at Montrose Harbor from 9:00 a.m. – 1:00 p.m. on September 17, 2022.
The Chicagoland Walk is one of hundreds held in cities throughout the country. These events give people the courage to open up about their own connections to the cause, and a platform to create a culture that's smarter about mental health.
"In 2020, 54% of Americans had been affected by suicide in some way," said Angela Cummings, AFSP Illinois Area Executive Director. "The annual walk provides an outlet for the community to come together to provide support, share their stories whether they have been struggling themselves or know someone who has been affected, and work toward suicide prevention. It is a powerful day."
Participants can sign up as individuals or as a team. Every dollar raised from the Chicagoland Walk allows AFSP to invest in life-saving research, education, advocacy, and support for those impacted by suicide. Since the first walk was held in 2004, events like the Out of the Darkness Chicagoland Walk have provided a platform to create awareness about mental health issues.
Nationally, nine in ten individuals who die by suicide were living with a diagnosable mental health condition at the time of their death, with these conditions often being undiagnosed or untreated. As a leading cause of death, suicide is a public health problem, but can be prevented through education and advocacy. Research shows that there is no single cause for suicide, and suicide risk increases when several health factors and life stressors converge to create an experience of hopelessness and despair. People can learn the warning signs at afsp.org/signs.
One of this year's corporate sponsors is Compass Health Center.
"Compass is excited to partner once again with the American Foundation for Suicide Prevention to support their goal of reducing suicide 20% by 2025," said Dr. Claudia Welke, MD, Child, Adolescent and Adult Psychiatrist, Chief Medical Officer, Compass Health Center. "We are grateful to be walking both virtually and in person this year with one important stride in mind: we must ALL take action to reduce the rate of suicides. The overall rate of suicide has increased by more than 30% in the last 20 years, and we know it doesn't discriminate. However, it is important to understand that it is preventable. At Compass, we are all too familiar with those struggling with suicidal thoughts and it is our mission to provide the lifesaving treatment that so many desperately need through partial hospitalization and intensive outpatient programs."
AFSP and its Illinois Chapter are dedicated to improved research, education and advocacy. Through its statewide network of volunteers, AFSP Illinois offers prevention education programs that emphasize the importance of research-proven self-care techniques as well as the value of engaging professional support.
If you or someone you know is at risk of suicide, please call the U.S. National Suicide Prevention Lifeline at 800-273-8255, text TALK to 741741 or go to www.suicidepreventionlifeline.org.
American Foundation for Suicide Prevention is dedicated to saving lives and bringing hope to individuals affected by suicide. The organization creates a culture that is smart regarding mental health through educational programs, advocation for suicide prevention, and providing support for those affected by suicide. All donations go towards these efforts with the goal to greatly reduce the national suicide rate.
For more: www.afsp.org/chapter/illinois
Chicagoland Walk: chicagowalk.org
Suicide Prevention Resources: www.afsp.org/suicide-prevention-resources
Suicide Warning Signs: www.afsp.org/signs
Media: Reporting on Suicide Prevention: www.afsp.org/reporting-on-suicide-prevention
View original content to download multimedia:
SOURCE American Foundation for Suicide Prevention
|
https://www.wibw.com/prnewswire/2022/07/07/american-foundation-suicide-prevention-invites-people-participate-out-darkness-chicagoland-walk/
| 2022-07-07T14:04:59Z
|
UFC fighter Michael Chandler and Olympian Lauren Sesselmann help build buzz as Speede launches on Indiegogo
CHICAGO, June 28, 2022 /PRNewswire/ -- Speede Fitness, a Chicago-area strength training startup that is launching a revolutionary connected fitness machine in fall 2022, stunned the crowd at the IHRSA convention as the first company to make isokinetic, eccentric and isotonic training available in one machine. Now available for purchase on Indiegogo, the groundbreaking Speede Challenger quickly became the talk of Miami Beach during the fitness industry's premiere event.
"From the show floor to the after-parties, people I talked to were buzzing about Speede," said Debra Strougo Frohlich, founder of Rowhouse and member of the National Health & Fitness Alliance Advisory Council. "They drew a huge crowd and were the clear consensus as the most innovative and disruptive company at IHRSA this year."
Speede's live training session with Michael Chandler drew over 200 attendees to its booth on Thursday, June 23, when the UFC lightweight contender demonstrated a variety of movements in Speede's isotonic and isokinetic modes, including upper body and lower body exercises. Leveraging Speede's ability to handle the demands of elite athletes, Chandler briefly squatted with over 1,100 lbs of resistance.
"I've been talking about it and working out on it, but it was time for the whole world to see it," said Chandler, who serves as Speede's Chief Athletic Officer. "This machine is going to help everyone get stronger faster, and it was an honor to help share Speede's technology with so many people."
During the event, attendees also took part in their own personal demos, talked with Speede's engineering team, and met Speede Pro Athlete Lauren Sesselmann, a professional soccer player and former member of the Canada National Team.
In addition to Chandler and Sesselmann, Speede has earned praise from athletes across major sports leagues, including Justin Fields, Cole Kmet and Jaylon Johnson from the Chicago Bears, Justin Simmons from the Denver Broncos, Marquez Valdes-Scantling from the Kansas City Chiefs, and Mason Plumlee from the Charlotte Hornets, all of whom have become equity holders in the company.
"Our breakthrough technology has been one of the best-kept secrets in fitness and recovery—until now," said Dan Mooney, Co-Founder of Speede. "We were blown away by the response at IHRSA, and we can't wait to reach more people through our Indiegogo campaign which goes live today. People everywhere are about to discover Speede for themselves and find out what we've known for so long: that this is going to be the most effective and efficient machine that the strength training industry has ever seen," said Greg Tepas, Co-Founder of Speede.
To pre-order the Speede Challenger consumer model, visit our INDIEGOGO campaign page. To pre-order the commercial model, contact Speede at info@speede.fit.
View original content to download multimedia:
SOURCE Speede
|
https://www.kxii.com/prnewswire/2022/06/28/speede-fitness-draws-massive-crowds-ihrsa-company-continues-disrupt-fitness-industry/
| 2022-06-28T18:04:56Z
|
NEW YORK and SAN DIEGO, July 26, 2022 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP, a preeminent national consumer rights law firm, announces that it is investigating claims on behalf of Elephant Insurance Services, LLC ("Elephant Insurance") customers.
On or around April 25, 2022, Elephant Insurance detected an apparent cyberattack attack on its internal network (the "Data Breach"). An investigation revealed that between March 26, 2022 and April 01, 2022, an unauthorized party gained access to Elephant Insurance's internal network and to certain individuals' information.
On or around May 25, 2022, Elephant Insurance began notifying consumers of the Data Breach. Information acquired includes names or other personal identifier in combination with driver's license numbers or non-driver identification card numbers.
If you received a NOTICE OF DATA BREACH from Elephant Insurance and you reside in the United States, if you wish to discuss this investigation, or if you have any questions regarding your rights and interests in this matter, please contact Wolf Haldenstein immediately by telephone at (800) 575-0735, via e-mail at byrd@whafh.com, or visit our website at www.whafh.com
CLICK HERE TO FILL OUT CONTACT FORM
Wolf Haldenstein Adler Freeman & Herz LLP has extensive experience in the prosecution of consumer rights litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas and offices in New York and San Diego. Courts have repeatedly recognized the reputation and expertise of this firm and have appointed it to major positions in complex litigation.
Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Gregory Stone, Director of Case and Financial Analysis
Rachele R. Byrd, Esq.
Email: gstone@whafh.com or byrd@whafh.com
Tel: (800) 575-0735 or (619) 239-4599
Attorney Advertising. Prior results do not guarantee or predict a similar outcome.
View original content to download multimedia:
SOURCE Wolf Haldenstein Adler Freeman & Herz LLP
|
https://www.mysuncoast.com/prnewswire/2022/07/26/wolf-haldenstein-adler-freeman-amp-herz-llp-elephant-insurance-services-llc-data-breach-investigation-alert/
| 2022-07-26T13:30:01Z
|
DEERFIELD, Ill., May 13, 2022 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) has released its 2021 Diversity & Inclusion Report and a new diversity and inclusion website that reflect the company's strong focus on continuing to build a rich culture of inclusion.
"The competitive advantage of a diverse team and inclusive culture has never been more important," said Caterpillar Chairman and CEO Jim Umpleby. "We strive for every team member to feel included, valued and appreciated. More diverse and inclusive teams enhance our opportunity for higher team performance and increase our ability to innovate and meet the evolving needs of our customers."
The company's 2021 Diversity & Inclusion Report provides comprehensive information on the company's workforce composition and highlights the important progress made in 2021.
"We've made great strides in the past year, increasing our diverse representation and putting in place talent strategies for more sustainable progress," said Cheryl Johnson, Caterpillar Chief Human Resources Officer. "We are proud of this work, and we are committed to continuing our journey to foster a culture where employees can do their best work."
More on Caterpillar's D&I journey can be found at http://caterpillar.com/diversity. All Caterpillar company reports can be found at http://caterpillar.com/reports.
About Caterpillar
With 2021 sales and revenues of $51.0 billion, Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we've been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels at caterpillar.com/social-media.
Forward-Looking Statements:
Certain statements in this press release relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "believe," "estimate," "will be," "will," "would," "expect," "anticipate," "plan," "forecast," "target," "guide," "project," "intend," "could," "should" or other similar words or expressions often identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance and speak only as of the date they are made, and we do not undertake to update our forward-looking statements.
Caterpillar's actual results may differ materially from those described or implied in our forward-looking statements based on a number of factors, including, but not limited to: (i) global and regional economic conditions and economic conditions in the industries we serve; (ii) commodity price changes, material price increases, fluctuations in demand for our products or significant shortages of material; (iii) government monetary or fiscal policies; (iv) political and economic risks, commercial instability and events beyond our control in the countries in which we operate; (v) international trade policies and their impact on demand for our products and our competitive position, including the imposition of new tariffs or changes in existing tariff rates; (vi) our ability to develop, produce and market quality products that meet our customers' needs; (vii) the impact of the highly competitive environment in which we operate on our sales and pricing; (viii) information technology security threats and computer crime; (ix) inventory management decisions and sourcing practices of our dealers and our OEM customers; (x) a failure to realize, or a delay in realizing, all of the anticipated benefits of our acquisitions, joint ventures or divestitures; (xi) union disputes or other employee relations issues; (xii) adverse effects of unexpected events; (xiii) disruptions or volatility in global financial markets limiting our sources of liquidity or the liquidity of our customers, dealers and suppliers; (xiv) failure to maintain our credit ratings and potential resulting increases to our cost of borrowing and adverse effects on our cost of funds, liquidity, competitive position and access to capital markets; (xv) our Financial Products segment's risks associated with the financial services industry; (xvi) changes in interest rates or market liquidity conditions; (xvii) an increase in delinquencies, repossessions or net losses of Cat Financial's customers; (xviii) currency fluctuations; (xix) our or Cat Financial's compliance with financial and other restrictive covenants in debt agreements; (xx) increased pension plan funding obligations; (xxi) alleged or actual violations of trade or anti-corruption laws and regulations; (xxii) additional tax expense or exposure, including the impact of U.S. tax reform; (xxiii) significant legal proceedings, claims, lawsuits or government investigations; (xxiv) new regulations or changes in financial services regulations; (xxv) compliance with environmental laws and regulations; (xxvi) the duration and geographic spread of, business disruptions caused by, and the overall global economic impact of, the COVID-19 pandemic; and (xxvii) other factors described in more detail in Caterpillar's Forms 10-Q, 10-K and other filings with the Securities and Exchange Commission.
View original content:
SOURCE Caterpillar Inc.
|
https://www.mysuncoast.com/prnewswire/2022/05/13/caterpillar-2021-diversity-amp-inclusion-report-highlights-progress-with-growth-diverse-populations/
| 2022-05-13T14:16:03Z
|
POTOMAC, Md. (AP) — Keegan Bradley did nothing special on the only easy scoring day this week at the Wells Fargo Championship, opening with an even-par 70 that left him around the cut line.
Since the conditions got tougher, Bradley has been the best player at TPC Potomac at Avenel Farm.
Bradley shot the lowest score for the second straight day Saturday, a 3-under 67 that gave him a three-day total of 8-under 202 and a two-shot lead over Max Homa in British Open weather on a U.S. Open-style course.
About 2 inches of rain has fallen since Friday morning, yet the low-lying course near the Potomac River has held up well enough to avoid any delays in play. Temperatures dropped into the low 40s Fahrenheit on Saturday.
“It felt like a Patriots playoff game out there in December,” said Bradley, who grew up in New England. “It was fun, but I’m glad to be done.”
Bradley was one of four players to shoot in the 60s. The scoring average was 73.7, the highest relative to par on the PGA Tour since the final round of the 2020 U.S. Open at Winged Foot.
Although he has only one win in the past nine years, the 35-year-old Bradley has been solid recently, with top-10 finishes in three of his last five events, including fifth at the Players Championship during another week of bad weather.
The eye-popping number for a player whose putter has held him back: Bradley ranks second in the field this week in putting by the PGA Tour’s “strokes gained” metric. His key makes on Saturday: 14 feet for birdie on the par-3 ninth hole, 21 feet for birdie on the tough par-4 11th, 9 feet for birdie on the 16th and, finally, 8 feet to save par after going bunker-to-bunker on the closing hole.
“Today and yesterday were just really good ball-striking and really good putting. It’s rare that we match those up and I’ve matched that up these last two days,” Bradley said. “If I can just keep that going a little bit, I’ll like my chances.”
A win by Bradley would move him into the top 60 in the world, making him exempt for the U.S. Open at The Country Club in Brookline, Massachusetts.
“It’s on my mind,” he said. “I know what’s at stake.”
Jason Day’s retooled swing couldn’t hold up for a third straight day. The leader after 18 and 36 holes, Day began struggling with his driver before it spilled over to the rest of the bag. He found the same pond on consecutive holes — a driver that never crossed dry land on the par-4 fourth, leading to triple bogey, and a 3-wood that hooked violently on the fifth.
Day appeared to lose his grip on the club when he hit another hook into a water hazard with his second shot on the par-5 10th, even though he had half a dozen gloves hanging from the ribs of his umbrella. He shot 79 to fall seven shots off the lead.
“Unfortunately I just didn’t have my stuff today,” Day said. “I made a lot of errors out there and hitting into penalty areas. It’s OK. I’ve just got to get back to it tomorrow and try and find some positives.”
Homa shot a steady 71 while playing partners Day and Luke List struggled, finding fairways and hitting conservative approach shots for routine pars. He went from trailing Day by two to leading by two in a span of two holes that he played in even par. But consecutive bogeys on the back nine allowed Bradley to pass him.
The day’s second-best score belonged to Rory McIlroy, who made the cut on the number and played on the opposite side of the course from the leaders. The highest-ranked player in the field at No. 7, McIlroy bogeyed his first two holes, made four birdies before the turn and closed with nine straight pars for a 68 that moved him into a tie for sixth at 2 under.
“I think when you see conditions like this, you have to have a pretty upbeat attitude towards it and for me it was just grateful to be here,” McIlroy said.
Anirban Lahiri shot 70 and was four shots back alongside James Hahn (72), a former champion of this event at its regular home, Quail Hollow, which is taking this year off because it’s hosting the Presidents Cup in September. Matt Fitzpatrick was 3 under after a 71.
“It feels like I’ve just gone 12 rounds in a pro boxing match,” Lahiri said. “You’re fighting everything. You’re fighting your body, the elements, the water, the cold, the conditions. Yeah, it’s tough work and you just have to grit your teeth and kind of grind it out.”
___
Follow Ben Nuckols at https://twitter.com/APBenNuckols
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports
|
https://cw33.com/sports/ap-sports/bradley-goes-low-in-mud-again-leads-wells-fargo-by-2/
| 2022-05-08T19:01:18Z
|
MOUNTAIN VIEW, Calif. (KRON) — The CEO of a tech company has been charged with the 1992 strangulation murder of Laurie Houts in California. He could face life in prison if convicted, according to the County of Santa Clara District Attorney’s Office.
On Saturday police arrested John Kevin Woodward, 58, the President and CEO of Readytech, at John F. Kennedy Airport in New York City when he arrived from Amsterdam. He was then charged with the murder of Laurie Houts—his roommate’s girlfriend—in Mountain View 30 years ago.
In September of 1992 a passerby noticed Houts dead in her vehicle on Crittenden Lane in Mountain View. The rope that had been used to kill her was still around her neck. Footprints were visible on the windshield interior, a sign that she struggled for her life.
Investigations quickly steered law enforcement towards Woodward as a prime suspect. He was reportedly jealous of Houts because he developed an “unrequited romantic attachment” to her boyfriend, Woodward’s roommate. Woodward reportedly had no alibi.
Woodward was tried twice for the murder throughout the late 1990s. The second case was dismissed by a judge citing insufficient evidence after a jury could not reach a verdict. Woodward then moved to the Netherlands after the case was dismissed.
In 2021, newly developed forensic technology was able to tie Woodward to the scene via the rope that was used to strangle Houts. The DA’s office filed a case in January of this year and a nationwide warrant was activated for his arrest.
Rob Baker, the Deputy District Attorney with the Cold Case Unit, said the process of arresting Woodward was particularly complicated because he lives in the Netherlands. Homeland Security worked with the Dutch Ministry of Justice and Security to learn when Woodward would be returning to the United States. “Prior to COVID, he [Woodward] regularly returned to the Bay Area at least once a year, typically in the summer,” Baker said.
Last Wednesday, Homeland Security informed the DA’s Office and the Mountain View Police Department that Woodward would be arriving at JFK on Saturday. By Friday, investigators from the DA’s office and the Mountain View Police Department were traveling to New York to assist with the arrest. Woodward was arrested by Homeland Security when he got off the plane, and was taken into custody in New York.
Baker said that Woodward waived extradition in a New York courtroom on Monday afternoon. Mountain View Police will escort Woodward back to California and book him into Santa Clara County Jail by July 29. After he has been booked, he will face arraignment on the complaint charging him with the murder of Houts.
|
https://cw33.com/news/nexstar-media-wire/tech-ceo-arrested-in-1992-cold-case/
| 2022-07-14T00:30:53Z
|
September preliminary hearing set for Aggieville murder suspect
Published: Jul. 6, 2022 at 9:11 PM CDT|Updated: 32 minutes ago
TOPEKA, Kan. (WIBW) - A preliminary hearing has been set for September 30 for the Fort Riley solider charged in the February murder of another solider in Manhattan.
Montgomery appeared in Riley County District Court via Zoom on Tuesday.
According to investigators, Tremelle Montgomery, 19, shot Joshua Wardi, 21, after getting into an argument at a bar in Aggieville. Montgomery is being charged with one count of first degree murder and three counts of attempted first-degree murder.
Magistrate Judge William Malcolm scheduled an all-day preliminary examination on September 30.
Copyright 2022 WIBW. All rights reserved.
|
https://www.wibw.com/2022/07/07/september-preliminary-hearing-set-aggieville-murder-suspect/
| 2022-07-07T02:45:06Z
|
GATESVILLE — Services for Joe Travis Floyd, 87, of Gatesville will be 10 a.m. Saturday at Scott’s Funeral Home in Gatesville with Dr. Levi Price officiating.
Private burial will be in Gatesville City Cemetery.
Mr. Floyd died Friday, May 27.
He was born Nov. 26, 1934, in Pecan Grove to Howard and Gladys Ogle Floyd. He graduated from Jonesboro High School. He served in the U.S. Air Force. He married Carolyn Winkler in 1958. He worked for the Federal Aviation Administration. He attended First Baptist Church in Gatesville.
Survivors include his wife; two daughters, Tamara Floyd Williford and Sandra Deen; a sister, Pauline Young; a brother, Bill Floyd; eight grandchildren; and nine great-grandchildren.
In lieu of flowers, memorials may be made to Alzheimer’s Texas, 7719 Wood Hollow Dr., Ste. 157, Austin, TX 78731; or to Gatesville First Baptist Church.
Visitation will be 6-7 p.m. Friday at the funeral home.
|
https://www.tdtnews.com/obituaries/article_a784de74-e1f1-11ec-9a54-5337d569f998.html
| 2022-06-02T09:27:12Z
|
THIEF RIVER FALLS, Minn., July 5, 2022 /PRNewswire/ -- Digi-Key Electronics, which offers the world's largest selection of electronic components in stock for immediate shipment, is proud to announce it has received special recognition for 10 years of generous support of the FIRST® Robotics Competition.
For the last decade, Digi-Key has supplied the international competition's official Kit of Parts with a $50 voucher to the Digi-Key website to purchase items for each team's robot, which helps ensure that the teams have access to millions of the components they need to build their designs.
In addition to its Diamond-Level sponsorship of the global FIRST Robotics Competition, Digi-Key supports the organization in a variety of ways closer to home. Digi-Key sponsors the Great Northern Regional competition in Grand Forks, North Dakota, and several Digi-Key employees have served as judges at the event. Digi-Key also sponsors the local Thief River Falls Lincoln High School team, ProDigi Team 3277, and Digi-Key employees serve as mentors for that team.
"Digi-Key is extremely proud of our decade-long sponsorship of the FIRST Robotics community, both locally and around the globe," said David Sandys, senior director of technical marketing at Digi-Key. "The combination of science, technology and competition challenges students and gives them a taste of real-world engineering to prepare them for futures in the field. It's great to see so many FIRST participants go on to study and pursue careers in engineering and other STEM related fields, ultimately pushing tomorrow's innovative technologies forward around the world."
"Digi-Key is a pioneering FIRST Robotics Competition supporter who changed the Kit of Parts program for the better by allowing teams to select the materials they need directly from the Digi-Key website," said Chris Rake, chief operating officer at FIRST. "We are continually grateful for Digi-Key's longstanding partnership as we work together to inspire students in engineering and technology."
FIRST® Robotics is a robotics community that prepares young people for the future. Working with adult mentors, including Digi-Key employees, FIRST Robotics Competition participants have limited time and resources to design, build, program, and test their robots to meet the season's engineering challenge. Teams compete at events that reward design excellence, competitive play, sportsmanship, and high-impact partnerships between schools, businesses and communities.
To learn more about Digi-Key's sponsorship of the FIRST Robotics Competition, please visit digikey.com/FIRST.
About Digi-Key Electronics
Digi-Key Electronics, headquartered in Thief River Falls, Minn., USA, enables the world's ideas by providing the world's largest selection of electronic components and automation products in stock and available for immediate shipment. The leader and pioneer in the high service distribution market, Digi-Key offers more than 13.4 million components from over 2,300 quality name-brand manufacturers. Beyond unparalleled breadth of product, they support technology innovation from concept to production with a wide variety of tools and digital solutions to make innovation easier. Immense technical content, articles, videos, conversion calculators, reference designs and design tools can be accessed online at digikey.com.
Editorial Contact
Megan Derkey
Bellmont Partners
+1 612-255-1115
digikey@bellmontpartners.com
View original content to download multimedia:
SOURCE Digi-Key Electronics
|
https://www.wibw.com/prnewswire/2022/07/05/digi-key-celebrates-10-years-support-first-robotics/
| 2022-07-05T16:10:08Z
|
‘Absolutely unacceptable’: Family waiting for car title months after online purchase
PAPILLION, Neb. (WOWT/Gray News) - Imagine making payments on a $41,000 vehicle that you can’t drive. A family in Nebraska says that’s exactly what’s happening.
Colt Wettstein and his wife told WOWT they have been frustrated for months after buying a used Chevrolet Tahoe online.
“We’re actually having to borrow a car from my mother-in-law, which actually doesn’t have enough seats to carry the family,” Wettstein said.
The Wettsteins said they bought a 2015 Tahoe with 60,000 miles from Carvana in mid-April. But the online dealer has yet to deliver a title, so the SUV has been unlicensed for 144 days.
“Finally, I’ve been escalated to the executive level for the non-drivable task force, but all they do is say, ‘Hey, we recommend getting an Uber, park your vehicle and wait until they locate the title,’” Wettstein said.
The family said they have gone through more than one in-transit form, but they have expired and are afraid to drive their vehicle.
An inability to insure an unregistered car isn’t their only concern.
“We get pulled over, the car gets towed, and we’re not able to get it from the tow company until we can prove registration,” Wettstein said.
Sarpy County Treasurer Trace Jones said a key to driving the unregistered Tahoe might be a letter of explanation on his letterhead.
“There’s no guarantee if they’re pulled over by law enforcement that they wouldn’t be cited, but at least it can help tell the situation and hopefully help them catch a break,” Jones said.
The treasurer has traced the title to New York, where a duplicate has been issued for the Tahoe.
“It should never take this long. It’s absolutely unacceptable. They issue temporary tags or dealer tags for 30 days. It should never take longer than that. But things happen, and it’s happened a lot with the online car sales,” Jones said.
Wettstein said he’ll be watching the mail from Carvana, but so far, it has brought only frustrating surprises.
“We received registration paperwork for a Subaru for a guy that lives in Knoxville, Tennessee. I’ve been getting documents for other people and they’ve been sending my documents to other people,” Wettstein said.
After contacting Carvana, Wettstein said he received a phone call from the online dealer apologizing. He said if the title isn’t sent soon, the company offered to take back the SUV and provide a full refund, including loan payments already made.
“We are working closely with the customer to resolve the issue and ensuring their needs are met,” a Carvana spokesperson said regarding the ongoing situation.
Copyright 2022 WOWT via Gray Media Group, Inc. All rights reserved.
|
https://www.mysuncoast.com/2022/09/08/absolutely-unacceptable-family-waiting-car-title-months-after-online-purchase/
| 2022-09-08T22:44:32Z
|
DALLAS, July 5, 2022 /PRNewswire/ -- Simmons Bank, as Trustee of the Sabine Royalty Trust (NYSE: SBR), today declared a cash distribution to the holders of its units of beneficial interest of $0.549990 per unit, payable on July 29, 2022, to unit holders of record on July 15, 2022. Sabine's cash distribution history, current and prior year financial reports and tax information booklets, a link to filings made with the Securities and Exchange Commission and more can be found on its website at http://www.sbr-sabine.com/. Additionally, printed reports can be requested and are mailed free of charge.
This distribution reflects primarily the oil production for April 2022 and the gas production for March 2022. Preliminary production volumes are approximately 40,082 barrels of oil and 1,024,821 Mcf of gas. Preliminary prices are approximately $105.12 per barrel of oil and $4.57 per Mcf of gas.
This month's distribution is lower than the previous month's due to decreased production of oil and gas, primarily due to the timing of receipts through the end of the month.
The production from the new horizontal gas wells in Panola County, Texas, has contributed approximately $880,000 reflecting March production. They were averaging about 752 Mcf per day per well during March totaling over 186,000 Mcf with an average pricing of $4.41 per Mcf. In addition to these proceeds, the additional 8 new wells which were paid upon for the month of March, contributing approximately $200,000, reflecting an average of 215 Mcf per well, per day.
Additionally, another 3 new horizontal wells, also in Panola County, are being paid on by another operator for the month of production for April 2022, however, the funds were not received in time for this distribution.
As more regular monthly receipts are made in the months to come, additional information will be made available.
The table below compares this month's production and prices to the previous month's:
Revenues are only distributed after they are received, verified, and posted. Most energy companies normally issue payment of royalties on or about the 25th of every month, and depending on mail delivery, a varying amount of royalties are not received until after the revenue posting on the last business day of the month. The revenues received after that date will be posted within 30 days of receipt.
Due to the timing of the end of the month of June, approximately $900,762 of revenue received will be posted in the following month of July in addition to normal receipts during July.
The 2021 Annual Report with Form 10-K and the January 1, 2022 Reserve Summary has been posted on the Sabine website at http://www.sbr-sabine.com/.
View original content:
SOURCE Sabine Royalty Trust
|
https://www.kxii.com/prnewswire/2022/07/05/sabine-royalty-trust-announces-monthly-cash-distribution-july-2022/
| 2022-07-05T14:41:55Z
|
VP Harris launches task force on online harassment, abuse
WASHINGTON (AP) — Vice President Kamala Harris and administration officials on Thursday launched a task force dedicated to fighting online harassment and abuse, which they warned can be a precursor to real-life violence.
“The internet is an essential part of life in the 21st century,” Harris said, but for many — particularly women, people of color, and people who are not heterosexual — “the internet is a place of fear.”
The task force will address several issues, including prevention of online abuse and services for people who are targeted. It is scheduled to issue recommendations for the federal government and private companies in 180 days.
“All of us have a responsibility to stand together to support those who have gone through this, but to also recognize they shouldn’t have to be alone fighting on this issue,” Harris said.
Although the problem is not new, it has taken on new urgency following mass shootings in Texas and New York that were predated by misogynist and racist commentary on social media and message boards.
Harris was introduced by Sloane Stephens, a Black professional tennis player who has faced a torrent of racist abuse.
“I’m a daughter, a sister, a wife. And I am more than an athlete, more than a label,” Stephens said. “Yet all of that is disregarded when people online seek to harass me and harm me. No matter whether I win or lose, someone online is mad, and they will make it known.”
After matches, Stephens said, she is worried to pick up her phone because “I know what will be waiting for me when I unlock it.”
The National Security Council is working with the White House Gender Policy Council on the initiative, and Attorney General Merrick Garland and Surgeon General Vivek Murthy participated in Thursday’s announcement.
Garland said the Justice Department had dedicated additional resources to issues like online stalking.
“We are committed to relentlessly investigating these crimes, bringing to justice those who perpetrate them, and providing support for the survivors,” he said.
Murthy said people often turn to the internet when they are lonely or looking to make connections, “yet all too often what they find instead is harassment and abuse.”
“It can no longer be acceptable for a technology company to put out a product and walk away from the responsibility for how it impacts users and communities,” he said. “It can no longer be OK for social media platforms to be fertile grounds for hatred.”
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.kxii.com/2022/06/16/vp-harris-launches-task-force-online-harassment-abuse/
| 2022-06-16T22:39:52Z
|
Company working with Etain, LLC to scale infrastructure and processes ahead of license transfer and anticipated launch of New York adult-use sales
TORONTO, Aug. 29, 2022 /PRNewswire/ - RIV Capital Inc. ("RIV Capital" or the "Company") (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm focused on building a leading multistate platform with the strongest portfolio of cannabis brands in key strategic markets across the United States ("U.S."), today released its financial results for the three months ended June 30, 2022 ("Q1 2023"). All financial information in this press release is reported in U.S. dollars, unless otherwise indicated.
Q1 2023 Highlights
- Initial closing of acquisition of ownership and control of Etain, LLC and Etain IP LLC (together, "Etain") completed in April 2022 (the "Etain Acquisition")
- Ongoing integration of the Etain business to optimally position the Company for the launch of the adult-use cannabis market in New York
- Approximately $170 million of cash on-hand to support the Etain Acquisition and long-term expansion plans
"Following the initial closing on the unregulated assets of Etain in April 2022, we remain confident that we have selected the ideal platform for growth as the New York market approaches the launch of adult-use sales," said Mark Sims, President and CEO of RIV Capital. "While the final transfer of equity interests of Etain, the license-holding entity, is currently under review by New York state regulators, the structure of the acquisition has given us ownership of Etain's non-regulated assets, and accordingly, we have been diligently working with the Etain team to appropriately scale their existing infrastructure, processes, and systems. We expect a significant increase in Etain's revenue and cash flow following the launch of adult-use sales in the New York, which Etain plans to support alongside the State's medical program once legally permissible."
"We believe that we have a significant advantage in our ability to expand the existing Etain business into a larger platform designed for long-term, sustained growth," Mr. Sims continued. "Our newly appointed Chief Operating Officer, Mike Totzke, will be dedicated to leading our New York operations and executing our growth plans. Despite ongoing challenges in the existing medical market, particularly due to the rampant proliferation of unlicensed operators in the state of New York, Etain has carved out a premium niche that will serve as a foundation on which to grow market share in the years ahead. Four months following the initial closing of the Etain Acquisition, Etain is well on its way to completing the Chestertown expansion, introducing new and exciting products into the medical market, optimizing its retail platform, and readying to break ground on our new flagship facility in Buffalo."
"Despite some of the prolonged headwinds that we have seen weigh on the sector over the past several quarters, we remain extremely bullish on the growth prospects for the cannabis industry, and we believe that New York will be the epicenter for key market developments in the years to come," said Chris Hagedorn, Executive Vice President, The Scotts Miracle-Gro Company, Division President, The Hawthorne Gardening Company, and Director, RIV Capital. "We remain confident that meaningful federal regulatory reform is a question of when, not if, and our long-term commitment to this industry is as strong as ever. We are excited to continue to watch and support our partners at RIV as they work towards building the New York leader that we believe they are optimally positioned to become. We are well-situated to win in this industry long-term with RIV as our investment vehicle and we look forward to the development of their strategy outside of New York's borders as well."
Eddie Lucarelli, Chief Financial Officer of RIV Capital, added, "Our cash position remains strong, providing us with more than enough liquidity to complete the Etain Acquisition and finance our expansion plans in New York, while remaining flexible enough to adapt to the shifting cannabis landscape in real time. Our goal to build a market-leading U.S. platform begins in New York, but we continue to explore new opportunities for the selective expansion of our footprint to other geographies in the future, keeping in mind the dynamic nature of the industry."
Etain Acquisition and Integration
In April 2022, RIV Capital announced the completion of the initial closing of its previously disclosed transaction involving Etain, owners and operators of a legally-licensed Registered Organization with cannabis cultivation and retail dispensaries in the state of New York. Pursuant to the initial closing, RIV Capital acquired the non-regulated portion of the Etain companies. Subject to receipt of the relevant approvals by the New York state regulators, including the New York Cannabis Control Board (the "CCB") and the New York State Office of Cannabis Management (the "OCM"), the second closing and transfer of the license-holding entity's equity interests is expected to occur in the second half of calendar year 2022.
The structure of the Etain Acquisition has enabled an accelerated timeline for the optimization of Etain's business, which includes the early execution of certain integration activities and streamlining of internal processes. Following the initial close, the Company has been able to provide various support services, including advising on the implementation of new cultivation and manufacturing best practices, leveraging insights from the technical services team at The Hawthorne Gardening Company, a subsidiary of The Scotts Miracle-Gro Company ("ScottsMiracle-Gro"), RIV Capital's strategic partner, with the goal of optimizing the design and fit-out of Etain's Chestertown cultivation facility expansion.
Etain's cultivation and production infrastructure in Chestertown is undergoing a significant expansion to increase cultivation capacity and support the development of new product formats in anticipation of the launch of adult-use sales in New York. The Company expects construction on the expansion to be substantially complete before the end of its fiscal year. The Company is also working to help prepare Etain's existing retail locations for the expected increase in customer traffic and sales volume next fiscal year, with the potential for certain strategic relocations in early calendar year 2023. In addition, RIV is currently evaluating locations for the four new dispensaries permitted under the Etain license, which would bring the Company's total New York footprint to eight retail locations, three of which will be co-located for adult-use (once legally permissible).
As previously announced, RIV Capital is also in the process of developing a new, state-of-the-art flagship indoor cultivation facility in Buffalo, designed with premier cultivation and production infrastructure specifically tailored to support the premium New York market. Under the lease agreement relating to the facility, RIV Capital will lease two buildings totaling approximately 75,000 square feet. Importantly, an approximately 7,000 square foot portion of the new facility will be designated to support social equity licensees. The Company believes that supporting the state's initiatives for an equitable cannabis industry will further strengthen the broader New York market, while securing new wholesale opportunities and other potential partnerships. RIV Capital expects to break ground on the new flagship facility in the fourth quarter of calendar year 2022. The lease contains various conditions relating to receipt of regulatory and other necessary approvals, including completion of any environmental remediation pursuant to the New York State Brownfield Program. Operation of the flagship facility is also subject to receipt of regulatory approval from the CCB and the OCM.
While the Company believes that the pending launch of adult-use sales in New York will be transformative, management recognizes that the current market faces operational challenges. These include the prolonged roll-out of regulations for the adult-use market, low patient retention in the medical program, and rampant proliferation of unlicensed operators in the state. Although these factors have placed added pressure on the current market, management continues to strongly believe in the significant market opportunity in New York. The Company is hopeful that regulators are taking the necessary steps required to ensure a safe, legal market for patients and businesses alike, while setting the groundwork for a successful adult-use launch that supports the long-term, sustained success that patients, customers, and businesses alike deserve in the state.
Growth and Expansion Strategy
RIV Capital's long-term strategy is to build a leading multi-state operating and brand platform, with New York serving as the foundation. The Company intends to develop and expand new brands and products designed to resonate with the New York consumer, with plans to offer as one of its core brands Etain's popular product line, which will include new form factors and SKUs later this year. Once adult-use sales begin, the Company expects a significant ramp in business to occur, with expanded operations coming online to satisfy the growing consumer demand that is expected across the state. We further believe that adding capacity to Etain's existing cultivation and manufacturing footprint will allow the company to continue efficiently serving New York's medical market even as adult-use rolls out across the state.
While RIV Capital remains focused on operationalizing its New York platform before undertaking significant expansions elsewhere, the Company continues to actively explore M&A opportunities as part of its overall corporate strategy. Amid difficult market conditions, RIV Capital's strong liquidity puts the Company in a favourable position to build its U.S. platform as the broader market evolves. The Company intends to take full advantage of its significant cash position when the right opportunity presents itself, and aims to provide updates on its progress as its U.S. operations begin to scale.
Q1 2023 Financial Results
The following is a summary of the Company's financial results for Q1 2023. Unless otherwise indicated, all financial highlights summarized in tables in this press release are presented in thousands of dollars, except share and per share amounts. In light of the Etain Acquisition, and its initial closing in April 2022, the Company changed the presentation currency of its consolidated financial statements from the Canadian dollar to the U.S. dollar effective April 1, 2022. As a result of the change in the Company's presentation currency, all references to "$" are to United States dollars and references to "C$" are to Canadian dollars.
The Company reported revenue, net of excise taxes, of $1.3 million for the three months ended June 30, 2022 (the Company did not report revenue for any reporting periods ended on or prior to March 31, 2022). Retail revenue of $1.3 million was generated from Etain, LLC's dispensaries in Manhattan, Kingston, Syracuse, and Yonkers, and wholesale revenue of $0.2 million was generated from sales of Etain-branded products to other registered organizations in New York.
The Company reported cost of goods sold (which excludes unrealized fair value changes included in biological assets and realized fair value changes included in inventory sold) of $0.8 million for the three months ended June 30, 2022 (the Company did not report cost of goods sold for any reporting periods ended on or prior to March 31, 2022).
The Company reported nominal amounts in respect of the unrealized loss on changes in fair value of biological assets and realized fair value changes included in inventory sold for the three months ended June 30, 2022 (the Company did not report either of these items for any reporting periods ended on or prior to March 31, 2022).
Based on the foregoing, the Company reported a gross profit of $0.5 million for the three months ended June 30, 2022 (the Company did not report gross profit for any reporting periods ended on or prior to March 31, 2022).
The Company reported operating expenses of $5.5 million for the three months ended June 30, 2022, compared with operating expenses of $2.0 million for the same period last year. The increase in operating expenses relative to the comparative period was primarily due to the significant increase in the size and scope of general and administrative functions of the Company to support its strategic shift to the U.S. cannabis market and as a result of the Etain Acquisition.
The Company reported other income of $2.2 million for the three months ended June 30, 2022, compared with other loss of $26.4 million for the same period last year. The following factors contributed to the Company's reported results:
- Royalty, interest, and lease income was $0.1 million for the three months ended June 30, 2022, compared with $0.5 million for the same period last year. The decrease in royalty, interest, and lease income relative to the comparative period was primarily attributable to the Company no longer recognizing royalty, interest, or lease income for certain investees due to challenges in the underlying business performance of those investees or as a result of dispositions of these financial assets.
- The net change in fair value of financial assets at fair value through profit or loss ("FVTPL") was a decrease of $0.2 million for the three months ended June 30, 2022, compared with a decrease of $29.2 million for the same period last year. The net change in fair value of financial assets at FVTPL reported in the prior period included a negative change in the fair value of the Company's previously-held investment in CGC common shares of $29.9 million.
- Accretion and interest expense was $3.8 million for the three months ended June 30, 2022, compared with a nominal amount for the same period last year. The increase in accretion expense relative to the comparative period was primarily attributable to the accretion expense recognized on the Convertible Notes issued to The Hawthorne Collective and accretion expense recognized on the deferred consideration related to the Etain Acquisition.
- Unrealized foreign exchange gain was $6.3 million for the three months ended June 30, 2022, compared with $nil for the same period last year. The unrealized foreign exchange gain was primarily attributable to foreign-denominated cash deposits held by the Company and certain of its subsidiaries.
The Company reported an income tax expense of $0.6 million for the three months ended June 30, 2022, compared with an income tax recovery of $3.9 million for the same period last year. Income tax expense for the period included a tax expense of $0.4 million related to the estimated taxable profits of Etain, LLC for which the Company is responsible.
Based on the foregoing, the Company reported a net loss of $3.5 million and basic and diluted EPS of $(0.02) for the three months ended June 30, 2022, compared with a net loss of $24.5 million and basic and diluted EPS of $(0.17) for the same period last year.
The net change in fair value of financial assets at fair value through other comprehensive income (net of tax expense or recovery) was an increase of $0.5 million for the three months ended June 30, 2022, compared with a decrease of $0.4 million for the same period last year. The Company also reported a downward adjustment as a result of foreign currency translation of $5.0 million for the three months ended June 30, 2022, compared with an upward adjustment of $3.6 million for the same period last year. The recognition of the foreign currency translation adjustment was new this period as a result of the shift in the Company's presentation currency from Canadian dollars to U.S. dollars.
Based on the foregoing, the Company reported a total comprehensive loss of $8.0 million for the three months ended June 30, 2022, compared with a total comprehensive loss of $21.3 million for the same period last year.
Q1 2023 Portfolio Updates
The following represents a brief summary of other developments in the RIV Capital portfolio during and subsequent to Q1 2023:
- BioLumic Inc. ("BioLumic") announced the closing of a $13.5 million Series B funding round that will be used to accelerate commercial growth, market its technology, and deepen relationships with cannabis cultivation leaders and technology partners, while expanding its growing library of Light Signal Recipes. BioLumic also announced an exclusive partnership with Fluence, a leading global provider of energy-efficient lighting solutions for commercial cannabis and food production, to deliver BioLumic's cutting-edge UV Light Signals through Fluence's LED products.
- The Company completed the divestment of its financial interests in 10831425 Canada Ltd. d/b/a Greenhouse Juice Company ("Greenhouse Juice") for cash consideration of C$5.5 million. The Company had originally invested in Greenhouse Juice in January 2019, at a time when Greenhouse Juice's strategic plan included exploring opportunities to participate in the cannabis market in Canada. The disposition was consistent with the Company's strategy in respect of its legacy portfolio as it relates to the identification of opportunities for monetization for non-core investments. No gain or loss or mark-to-market adjustments were recognized upon disposition as the proceeds received by the Company were equal to the carrying value of the investment for financial reporting purposes.
- Subsequent to Q1 2023, High Beauty, Inc. ("High Beauty") completed the initial closing of a financing round that triggered automatic conversion mechanisms pursuant to the senior secured convertible promissory note agreement between High Beauty and the Company. Accordingly, the convertible promissory note with a face value of $0.8 million that the Company purchased in December 2019 converted into 1,000,017 shares of High Beauty based on a conversion price that was a 20.0% discount to the price per share implied by High Beauty's raise.
- NOYA Cannabis Inc. ("NOYA") reached an agreement with Medicibis ("Mendo"), an online portal for medical cannabis patients that ships nationwide through Canada. Under the agreement, NOYA and its cultivation partners will cultivate product drops for Mendo from both their indoor and sun grown facilities, in addition to offering their world-renowned cultivars, giving Mendo patients access to all NOYA brands.
- ZeaKal, Inc. ("ZeaKal") announced a multi-year development agreement to raise more sustainable poultry through improved soy genetics and feed quality with Perdue AgriBusiness ("Perdue"), a leading merchandiser, processor, and exporter of agricultural products. With Perdue handling roughly three million acres worth of soybeans per year, ZeaKal's PhotoSeed® trait technology offers growers a higher value crop with reduced environmental footprint.
This press release should be read in conjunction with the Company's unaudited condensed interim consolidated financial statements and management's discussion and analysis ("MD&A") for Q1 2023, which are available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.rivcapital.com/investors.
For more information regarding the Company, please refer to the MD&A and the Company's annual information form ("AIF") dated June 10, 2022, also available under the Company's profile on SEDAR at www.sedar.com and on the Company's website at www.rivcapital.com/investors.
About RIV Capital
RIV Capital is building a leading cannabis packaged goods company, with a focus on establishing one of the strongest portfolios of brands in key strategic U.S. markets. Backed by in-house expertise and cannabis domain knowledge, RIV Capital aims to grow its own brands and partner with established U.S. cannabis operators and brands to bring them to new markets and build market share. RIV Capital established the foundational building blocks of its active U.S. strategy with the announced Etain Acquisition. Through its strategic relationship with The Hawthorne Collective, Inc. ("The Hawthorne Collective"), a subsidiary of The ScottsMiracle-Gro Company ("ScottsMiracle-Gro"), RIV Capital is The Hawthorne Collective's preferred vehicle for cannabis-related investments not under the purview of other ScottsMiracle-Gro subsidiaries.
Forward-Looking Statements
This news release contains statements which constitute "forward-looking information" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs and current expectations of RIV Capital and its portfolio companies with respect to future business activities and operating performance. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "believe", "estimate", "expect" or similar expressions and includes information regarding the Company's strategies, objectives, goals, opportunities and plans, including in respect of Etain; the Company's liquidity position, including its ability to finance the second closing of the Etain Acquisition and long-term expansion plans with cash on-hand; the Company's ability to appropriately scale Etain's existing infrastructure, processes and systems; the Company's expectations regarding the U.S. cannabis market; the Company's expectations of the anticipated benefits of the Etain Acquisition, and the structure thereof, and strategic rationales for acquiring Etain, including expectations regarding legal cannabis market opportunities in the New York; expectations regarding the launch of adult-use sales in the state of New York; expectations regarding expansion and timing thereof, including in respect of Etain's Chestertown facility; the Company's investment in Etain, including the timing and cash required for completion of the second closing of the Etain Acquisition; the Company's expectations regarding Etain's position in the New York cannabis market; the Company's expectations and plans regarding Etain's business, including its market share, sales, brand, products and locations; the Company's expectations regarding growth opportunities; the Company's plans to expand geographically; challenges faced by the existing U.S. medical cannabis market; the Company's plan to invest in, launch and/or develop U.S. assets to build a multistate cannabis operating and brand platform and the value to be derived therefrom; the Company's expectations with respect to the development of a new Buffalo facility, including the size and expected timing for completion of such facility; the Company's intention to, and the anticipated benefits of, supporting New York state cannabis equity initiatives; the anticipated benefits of the investments from The Hawthorne Collective; the Company's expectation that it will be ScottsMiracle-Gro's preferred vehicle for investments not under the purview of The Hawthorne Gardening Company; and expectations for other economic, business, and/or competitive factors.
Investors are cautioned that forward-looking information is not based on historical fact but instead reflects management's expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Although RIV Capital believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements of RIV Capital or its portfolio companies.
Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: the timing and likelihood for receipt of all required regulatory approvals, and satisfaction of other conditions to closing, in respect of the Etain Acquisition; the Company's ability to execute its go-forward strategy; stock market volatility; changes in the business activities, focus and plans of the Company, Etain and the Company's investees and the timing associated therewith; the timing of any changes to federal laws in the U.S. to allow for the general cultivation, distribution, and possession of cannabis; regulatory and licensing risks; changes in cannabis industry growth and trends; changes in general economic, business and political conditions, including changes in the financial markets; litigation risks; the global regulatory landscape and enforcement related to cannabis, including political risks and risks relating to regulatory change; risks relating to anti-money laundering laws; compliance with extensive government regulation, including RIV Capital's interpretation of such regulation; public opinion and perception of the cannabis industry; divestiture risks; and the risk factors set out in RIV Capital's MD&A and AIF filed with the Canadian securities regulators and available on RIV Capital's profile on SEDAR at www.sedar.com.
The Company has invested in and acquired, and intends to in the future invest in and/or acquire, companies that are involved in the manufacture, possession, use, sale, and distribution of cannabis in the recreational and medicinal cannabis marketplace in the United States. Local state laws where such operations occur permit such activities, however, investors should note that there are significant legal restrictions and regulations that govern the cannabis industry in the United States. Cannabis remains a Schedule I drug under the U.S. Controlled Substances Act, making it illegal under federal law in the United States to, among other things, cultivate, distribute or possess cannabis in the United States. Financial transactions involving proceeds generated by, or intended to promote, cannabis-related business activities in the United States may form the basis for prosecution under applicable U.S. federal money laundering legislation.
While the approach to enforcement of such laws by the federal government in the United States has trended toward non-enforcement against individuals and businesses that comply with recreational and medicinal cannabis programs in states where such programs are legal, strict compliance with state laws with respect to cannabis will neither absolve the Company of liability under U.S. federal law, nor will it provide a defense to any federal proceeding which may be brought against the Company. The enforcement of federal laws in the United States is a significant risk to the business of the Company and any proceedings brought against the Company thereunder may adversely affect the Company's operations and financial performance.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although RIV Capital has attempted to identify important risks, uncertainties and factors that could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. RIV Capital does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.
View original content to download multimedia:
SOURCE RIV Capital Inc.
|
https://www.wibw.com/prnewswire/2022/08/29/riv-capital-reports-first-quarter-2023-financial-results/
| 2022-08-29T22:58:53Z
|
NEW YORK, May 26, 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:
VMware, Inc. (NYSE: VMW)'s sale to Broadcom Inc. Under the terms of the merger, VMware shareholders may elect to receive either $142.50 in cash or 0.2520 shares of Broadcom common stock for each share of VMware they own. The shareholder election is subject to proration. If you are a VMware shareholder, click here to learn more about your rights and options.
Goldenbridge Acquisition Limited (NASDAQ: GBRG)'s merger with Auto Services Group Limited. If you are a Goldenbridge shareholder, click here to learn more about your rights and options.
COVA Acquisition Corp. (NASDAQ: COVA)'s merger with ECARX Holdings, Inc. If you are a COVA 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
View original content to download multimedia:
SOURCE Halper Sadeh LLP
|
https://www.mysuncoast.com/prnewswire/2022/05/26/shareholder-notice-halper-sadeh-llp-investigates-vmw-gbrg-cova/
| 2022-05-26T19:30:06Z
|
LONDON, July 14, 2022 /PRNewswire/ -- Enterprises are not only increasing their IoT spending and their deployment of devices but are doing so because IoT projects are meeting or exceeding return on investment (ROI) expectations according to the latest Omdia Internet of Things (IoT) Enterprise Survey. Omdia surveyed approximately 500 enterprises across countries that are deploying or are in the process of rolling out IoT solutions and found that over 90% of enterprises said their IoT projects have met or exceeded expectations.
"Both IoT and 5G have been derided as overpromising and underdelivering," said John Canali, IoT Principal Analyst, Omdia, "yet the IoT market is still developing and 5G technology is still evolving. While sometimes outrageous proofs of concept are touted for headlines, our survey results are clear: enterprises are embracing IoT and 5G is emerging as the preferred type of connectivity."
Omdia's survey results are positive for players across the IoT value chain. Communications service providers will likely see growth in high-bandwidth, high-value connections as 66% of enterprises are using or plan to use 5G connections while 53% of enterprises are using or plan on deploying new connections using LTE. The responses were similarly encouraging for growth in low-bandwidth connectivity such as NB-IoT and LoRaWAN.
"For enterprises, IoT solutions do not come without hurdles. Security, privacy, and complexity continue to be the three greatest pain points for enterprises. These issues all present opportunities for systems integrators (SIs), cloud providers, hardware vendors, component suppliers, and various other IoT vendors."
In spite of the current economic climate and uncertainty around inflation, Omdia believes that enterprises will increasingly look to IoT solutions to address emerging enterprise needs including managing their supply chain or meeting environmental, social, and corporate governance goals (ESGs).
To learn more about the survey results from Omdia's fourth annual IoT Enterprise Survey, please click here.
About Omdia
Omdia is a leading research and advisory group focused on the technology industry. With clients operating in over 120 countries, Omdia provides market-critical data, analysis, advice, and custom consulting.
Contact:
Fasiha Khan
T: +44 7503 666806
E: fasiha.khan@omdia.com
Visit Omdia
View original content:
SOURCE Omdia
|
https://www.mysuncoast.com/prnewswire/2022/07/14/new-omdia-research-finds-enterprises-are-turning-5g-their-iot-needs/
| 2022-07-14T16:52:15Z
|
MORRISVILLE, N.C., June 30, 2022 /PRNewswire/ -- Inceptor Bio, a biotechnology company advancing cell therapies for difficult-to-treat cancers, today announced a collaboration with University of Minnesota. The aim of this collaboration is to build a novel induced pluripotent stem cells (iPSC) platform that will accelerate Inceptor Bio's best-in-class next-generation cell therapies platforms. Under the terms of the agreement, Inceptor Bio will receive an exclusive license to the technology developed under this collaboration.
Inceptor Bio plans to advance multiple cell therapy products into clinical studies incorporating the iPSC platform into its proprietary K62 platform for CAR-M therapy, which increases the phagocytic capabilities of macrophages and supports an M1 anti-tumor phenotype, as well as its novel co-stimulatory domain, M83, for CAR-NK therapies.
"iPSC-derived cell therapies have the potential to enable the next frontier of cell therapies. We are excited to work with Dr. Beau Webber at University of Minnesota and his team to develop this unique platform," said Mike Nicholson, Ph.D., President and Chief Operating Officer at Inceptor Bio.
"The team at University of Minnesota is confident that Inceptor Bio is the right partner for building a differentiated iPSC platform to advance novel cell therapies," said Beau Webber, Ph.D., Assistant Professor in the Department of Pediatrics, Division of Hematology and Oncology. "We are deeply encouraged by Inceptor Bio's progress in the cell therapy arena, and we look forward to being part of future developments to help cure difficult-to-treat cancers."
"This partnership is an important step in continuing to execute on our strategy of advancing cell therapies to bring a more positive prognosis and quality of life to patients with difficult-to-treat cancers," said Abe Maingi, Vice President, Business Development at Inceptor Bio. "We are thrilled to be able to develop and deliver on the promise of iPSC-derived cell therapies."
Inceptor Bio is a biotechnology company developing multiple next-generation cell therapy platforms to deliver cures for underserved and difficult-to-treat cancers. Inceptor Bio is building platforms in CAR-T, CAR-M, and CAR-NK. Inceptor Bio is headquartered in Morrisville, North Carolina. More information is available at www.inceptor.bio.
Media Contact
Abe Maingi
abe.maingi@inceptor.bio
View original content to download multimedia:
SOURCE Inceptor
|
https://www.wibw.com/prnewswire/2022/06/30/inceptor-bio-announces-strategic-collaboration-with-university-minnesota-develop-novel-ipsc-platform-advancement-next-generation-allogeneic-cell-therapies/
| 2022-06-30T12:33:11Z
|
Viktor Orban, Hungary’s authoritarian leader, calls Zelensky an ‘opponent’ after winning reelection
By CNN’s Rob Picheta and Balint Bardi
Hungary’s authoritarian leader and longtime Russian ally, Viktor Orban, has declared victory in the country’s parliamentary elections, clinching a fourth consecutive term in power.
Orban’s Fidesz party had a commanding lead with 71% of the votes counted, Hungary’s national elections board said on Sunday evening.
The election campaign was dominated by Moscow’s invasion of Ukraine, which put Orban’s lengthy association with Russian President Vladimir Putin under scrutiny. In his victory speech, Orban called Ukraine’s President Volodymyr Zelensky one of the “opponents” he had to overcome during the campaign.
Hungary is heavily reliant on Russian energy and Orban has dodged opportunities to condemn Putin’s assault on its neighboring state, complicating the EU’s efforts to present a united front against him.
But despite opinion polls forecasting a tighter race, Orban’s Fidesz party won comfortably across much of the country. Opposition leader Peter Marki-Zay even failed to win in his own district, where he had served as mayor.
“We have such a victory it can be seen from the moon, but it’s sure that it can be seen from Brussels,” Orban said in his speech on Sunday night, making light of his government’s long-running tensions with EU leaders.
“We will remember this victory until the end of our lives because we had to fight against a huge amount of opponents,” Orban said, citing a number of his political enemies including the Hungarian left, “bureaucrats” in Brussels, the international media, “and the Ukrainian president too — we never had so many opponents at the same time.”
A thorny relationship with the EU
Orban has gained close control of Hungary’s judiciary, media and education institutions during his 12-year stint in power, which is now set to be extended until 2026. He has pushed legislation targeting migrants and the LGBTQ+ community, and has spoken of his intention to build an “illiberal” state within the EU.
Critics have long complained that he has tilted the political playing field against his opponents. Last month, Europe’s Office for Democratic Institutions and Human Rights (OSCE), recommended a full-scale international monitoring operation of the April 3 poll — a rare move for an EU state — after assessing claims of “a general deterioration of the conditions for democratic elections.”
“The whole world could see this evening in Budapest that the Christian Democrat politics, the conservative politics and the nationalistic politics won,” Orban said on Sunday night. “Our message to Europe is that it’s not the past but the future. This will be our common European future.”
Since Russia’s invasion of Ukraine, Orban campaigned primarily on a platform of keeping Hungary’s troops and weapons out of the conflict. He has supported most of the EU’s sanctions against Russia since it invaded Ukraine, but has resisted going further and pitched himself as a peacemaker to voters.
On Wednesday, his foreign minister accused Ukraine’s government of coordinating with Hungary’s opposition parties, without citing evidence.
The opposition criticized him for his stance. “Putin is rebuilding the Soviet empire and Orban is just watching it with strategic calm,” opposition leader Marki-Zay said at a rally in March, Reuters reported.
But Marki-Zay conceded defeat late on Sunday, telling supporters: “We don’t debate the victory of Fidesz, but we debate that this election was democratic and even.
“We will stay in this country, stand up for each other, hold hands and won’t let each other go. Hard times are coming, regardless of the election results. We know that they will blame us, we will be the scapegoats, so it’s more important than ever to hold each other’s hand and not let go.”
Even before the invasion, Orban had a thorny relationship with the EU. His government has been lambasted by senior figures in the bloc over rule of law issues; earlier this year, Europe’s top court allowed the EU to block funding to Hungary and Poland for violating democratic rights.
A referendum was also held on Sunday on Orban’s controversial law that bans educational materials and programs for children that are considered to promote homosexuality and gender reassignment.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
|
https://localnews8.com/news/2022/04/03/viktor-orban-hungarys-authoritarian-leader-calls-zelensky-an-opponent-after-winning-reelection/
| 2022-04-04T01:26:30Z
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.