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Child found dead after ingesting fentanyl-laced pill while alone in hotel room, police say
LAS VEGAS (FOX5/Gray News) – A child died after ingesting a fentanyl-laced pill while alone in a hotel room, according to the Las Vegas Metropolitan Police Department.
An arrest report said fire officials requested assistance around 3:30 a.m. Tuesday at The Orleans Hotel after finding a young child who was unresponsive by the first-floor elevators, FOX5 reports.
The child was unable to be revived and was pronounced dead at the hotel.
According to police, the child’s mother, Amber Mitchell, left her children in a hotel room while she was downstairs playing poker.
Mitchell told police she returned to the room around 1 a.m. to check on the kids and noticed one child seemed “really groggy, as though he was still sleepy” when he went to the bathroom.
She told officers the boy struggled to walk to the bathroom and noticed his eyes were constricted. She thought he may have taken a pill a friend left behind in the bathroom.
Mitchell told authorities she put the boy back to sleep and went downstairs again to the poker table. When she returned to the room around 3:30 a.m., she saw the child had blood coming from his mouth.
The report states Mitchell told police that a friend she met while playing poker at another casino had brought the pills. She laid 10 pills out on the bathroom sink counter to take a photo because her friend wanted to sell them to make money.
Detectives from the police’s narcotics team responded to the hotel and determined the pills tested positive for fentanyl.
Detectives wrote in the report that it’s “likely that Mitchell would have been aware of this as it was obvious the pills she was selling were not from a pharmacy.”
After the interview was completed, the report states that Mitchell said she felt guilty about what happened and that she doesn’t “deserve children.”
She added, according to the report, “I was irresponsible. I may as well have given them the pill because I wasn’t watching them. I failed them, and I’m guilty for not being there.”
When asked why she did not seek medical attention for the child, according to the report, she that she is “just a mother, not a doctor. I didn’t know Oxy could kill him. I don’t know about fentanyl.”
Copyright 2022 KVVU via Gray Media Group, Inc. All rights reserved.
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https://www.mysuncoast.com/2022/07/15/child-found-dead-after-ingesting-fentanyl-laced-pill-while-alone-hotel-room-police-say/
| 2022-07-15T18:01:44Z
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BEIJING, June 21, 2022 /PRNewswire/ -- Autohome Inc. (NYSE: ATHM; HKEX: 2518) ("Autohome" or the "Company"), the leading online destination for automobile consumers in China, today announced that Mr. Haifeng Shao has stepped down from his role as a co-president of the Company due to his other personal commitments. Mr. Shao has no disagreement with the Company.
Mr. Quan Long, Chairman of the Board of Directors and Chief Executive Officer of Autohome, stated, "On behalf of Autohome, I would like to express our sincere gratitude to Haifeng for his dedication and valuable contribution to Autohome during his term of service with the Company. We wish him continued success in all of his future endeavors."
About Autohome Inc.
Autohome Inc. (NYSE: ATHM; HKEX: 2518) is the leading online destination for automobile consumers in China. Its mission is to engage, educate and inform consumers about everything auto. Autohome provides original generated content, professionally generated content, user-generated content, and AI-generated content, a comprehensive automobile library, and extensive automobile listing information to automobile consumers, covering the entire car purchase and ownership cycle. The ability to reach a large and engaged user base of automobile consumers has made Autohome a preferred platform for automakers and dealers to conduct their advertising campaigns. Further, the Company's dealer subscription and advertising services allow dealers to market their inventory and services through Autohome's platform, extending the reach of their physical showrooms to potentially millions of internet users in China and generating sales leads for them. The Company offers sales leads, data analysis, and marketing services to assist automakers and dealers with improving their efficiency and facilitating transactions. Autohome operates its "Autohome Mall," a full-service online transaction platform, to facilitate transactions for automakers and dealers. Further, through its websites and mobile applications, it also provides other value-added services, including auto financing, auto insurance, used car transactions, and aftermarket services. For further information, please visit www.autohome.com.cn.
Safe Harbor Statement
This press release contains statements that may constitute "forward-looking" statements pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will", "expects", "anticipates", "future", "intends", "plans", "believes", "estimates" and similar statements. Statements that are not historical facts, including statements about Autohome's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in Autohome's filings with the SEC and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and Autohome does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
Autohome Inc.
Investor Relations
Sterling Song,
Investor Relations Director
Tel: +86-10-5985-7483
E-mail: ir@autohome.com.cn
The Piacente Group, Inc.
Jenny Cai
Tel: +86-10-6508-0677
E-mail: autohome@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: autohome@tpg-ir.com
View original content:
SOURCE Autohome Inc.
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https://www.wibw.com/prnewswire/2022/06/21/autohome-inc-announces-management-change/
| 2022-06-21T10:34:50Z
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Nikola Jokic has been named NBA MVP for the second straight season
By Ben Morse, CNN
Denver Nuggets center Nikola Jokic has been named as the NBA’s Most Valuable Player for the second season in a row.
The 27-year-old Serbian — who was the 41st pick of the 2014 draft — was named as an All-Star for the fourth successive season after another dominant year from the center position. He pipped Philadelphia 76ers center Joel Embiid and Milwaukee Bucks forward Giannis Antetokounmpo to the award.
Jokic is the 15th player to win the MVP multiple times and the second straight to win back-to-back awards after Antetokounmpo in 2018-19 and 2019-20.
Jokic accepted the award while at his horse stable in Serbia.
When asked by TNT’s Ernie Johnson after winning the award if he ever considered himself a longshot, Jokic agreed, adding, “There is no way I’d come to NBA and play basketball from this city, from this stable, basically, and now I’m playing basketball in the best league in the world and playing at a high level.”
As a young boy, Jokic said he “was not thinking about playing basketball, not even going to lie.”
“I was here in the stable,” he said. “I was cleaning the boxes. I was cleaning the horses. At that age, I was not thinking about basketball at all.”
Jokic improved on his overall game from last year’s MVP-winning season, averaging 27.1 points, 13.8 rebounds and 7.9 assists in 74 regular-season games this year. Last year, he averaged 26.4 points, 10.8 rebounds and 8.3 assists per game.
During the regular season, Jokic became the first player in NBA history with 2,000 points, 1,000 rebounds and 500 assists in a single season.
He also racked up a league-leading 19 triple-doubles in the regular season, meaning he has 76 in his career, which trails only Wilt Chamberlain (78) among centers.
“To watch Nikola develop into one of the few back-to-back MVPs this league has ever seen has been truly incredible,” said Denver Nuggets president of basketball operations Tim Connelly. “It’s indicative of who Nikola is as a person and a basketball player — hard working, extremely motivated and dedicated to bettering himself and all of his teammates any way he can.”
Nuggets battled Warriors in playoffs
Jokic’s Nuggets were extremely shorthanded this season. Point guard Jamal Murray missed the entire year due to a torn ACL while Michael Porter Jr. played just nine games because of a back injury.
Yet despite all the adversity in his way, Jokic was able to drag Denver to the playoffs, finishing as the Western Conference’s sixth seed.
That earned the Nuggets a clash with the Golden State Warriors where they would eventually lose in five games in their best-of-seven game series.
In the series, Jokic averaged 31.0 points, 13.2 rebounds, 5.8 assists, 1.6 steals and one block per game on 57.5% shooting from the field, almost singlehandedly keeping the Nuggets in most of the games.
The five games included some fierce battles with Warriors forward Draymond Green — widely considered one of the best defensive players in the NBA.
After the Warriors had clinched the series winning victory in Game 5, Jokic and Green shared an embrace at half-court and exchanged some words which Green explained in his postgame press conference.
“I told him thank you for making me better. It’s an honor and a pleasure to play someone so skilled. Usually when you have guys that talented and skilled, they’re soft. And he’s far, far from soft. He’s an absolutely incredible player,” Green said.
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https://localnews8.com/sports/cnn-sports/2022/05/11/nikola-jokic-has-been-named-nba-mvp-for-the-second-straight-season/
| 2022-05-12T04:52:47Z
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Fresh Capital Used to Build on Trial Library's Mission to Improve Health Equity by Expanding Access to Cancer Precision Medicine
Spearheaded by Dr. Hala Borno, Leading UCSF oncologist and Health Equity Researcher
SAN FRANCISCO, Aug. 18, 2022 /PRNewswire/ -- Trial Library, Inc., an oncology clinical trials company, today announced it has come out of stealth mode and received its first funding to address the need for equity in patient recruitment to oncology clinical trials. The $5 million seed round was led by Deena Shakir, Partner at Lux Capital, with participation from Julian Eison, Managing Partner at NEXT VENTŪRES, Unseen Capital, as well as other notable angel investors. This investment supports the growing need for more inclusivity in oncology clinical trials, and will expand the usage of the Trial Library platform among community oncologists who are patients' trusted sources for advice on clinical trials.
After a decade of researching inequities in clinical trials with a team of veteran researchers and best-in-class physicians in cancer digital health, Trial Library CEO and founder Dr. Hala Borno, a University of California, San Francisco (UCSF) oncologist and experienced health equity researcher, introduced a new, tech-enabled approach that prioritizes the need for diverse and underrepresented patient groups. While advancements in personalized oncology therapeutics continue to produce astounding results, not all patients are afforded the opportunity to receive the latest therapies available. Along with co-founder and Chief Product Officer Steve Buck, former vice president and general manager at Ro Pharmacy and an accomplished healthcare entrepreneur who co-founded cancersurvivalrates.com and RxDividends (a company sold to GoodRx that he joined as a co-founder), the two have built Trial Library's virtual care navigation platform with 24/7 delivery. As a result, patients who decide to participate in a clinical trial will be supported throughout their journey to a clinical trial site.
"The lack of equity in access is a huge barrier that needs to be solved," said Trial Library CEO and founder Dr. Hala Borno. "As a society, we've invested so much into exciting new biotech therapies and we're optimistic that many of these personalized treatments will extend patients' lives. However, there are still many obstacles that exist, and we aim to combat the barriers experienced by all participants in our research ecosystem - the patients, providers and researchers."
"The flow of a more diverse set of patients in trials is an important and measurable outcome that will only come if community oncologists are motivated to participate," said co-founder and Chief Product Officer Steve Buck. "About half of all patients undergoing treatment for cancer rely upon a community oncologist for advice on next steps. If these clinicians are not actively exploring nearby trial opportunities, there's little chance a patient will find out about a trial or go to one on their own. We need to promote engagement with community providers through a combination of better technology and reimbursement opportunities. Trial Library will be the go to for community providers that have been overlooked to date."
Research indicates that 90% of patients and physicians do not participate in oncology clinical trials.1 Trial inclusion and exclusion criteria have become more complex for oncology practices attempting to screen for eligible patients. As a result, participation in trials, especially among community oncology practices, has fallen far down on the list of priorities for oncologists treating patients. A net outcome is that racial and ethnic minorities and women are far less likely to be offered and recruited into clinical trials compared to non-Hispanic white men.2
"There is a renewed need and desire from the major stakeholders in healthcare to start facilitating more inclusive clinical trials, especially as it relates to cancer precision medicine, in order to achieve broader health equity goals," said Deena Shakir, Partner at Lux Capital. "Trial Library's deep understanding of this complex space has enabled them to align on incentives and stakeholders, and build a platform that patients, providers and researchers can trust. For years, Dr. Borno has been my go-to diligence call for all things precision medicine, and I couldn't be more excited to back her and Steve in their effort to take this vision to market."
"Growing up, many of my family members lost hard-fought battles to cancer. It brings joy to my heart to know that we can look to technology, community support, and research to be our superpowers in defeating health inequities and improving clinical outcomes," said Julian Eison, Managing Partner at NEXT VENTŪRES. "We fundamentally believe that Trial Library's strategy of enabling physicians to provide contextually relevant awareness and enrollment pathways is novel and promising. It's been an honor to partner with Dr. Borno and Steve, as their combined experiences represent hope and promise in an industry chock-full of competition."
"The lack of representation in clinical trials has had significant ramifications on the design and outcome of oncology treatments," said Dr. Ivor Horn, an advisor toUnseen Capital. "Trial Library has an incredible potential to tackle the systemic barriers underrepresented individuals face in accessing clinicals trials."
How it Works
Trial Library aims to solve the lack of equity in clinical trial participation in two ways. Initially, Trial Library targets the "first mile" problem by providing fair reimbursement to local, community oncology practices who today are offered little, if any, reimbursement for pre-screening and managing patient referrals to trials. The company reimburses community oncology practices for its time and effort of screening patients for nearby trials. Oncology practices can use the Trial Library website to discover paid pre-screening opportunities and register to participate in a few keystrokes.
Second, Trial Library solves the "last mile" problem by providing patients, many with limited economic means and resources, with navigation support to get to clinical trial sites regardless of distance. The company provides free "Ally" navigator services that are available 24/7 to direct patients to resources for travel, logistics, food, or other support needed. Trial Library also taps into many social determinants of health assessment tools to help personalize support.
Trial Library has support from a host of credible partners including the Association of Community Cancer Centers, UCSF, as well as advisors such as Dr. Alan Ashworth from UCSF, and noted health equity researchers like Dr. Lori Pierce from the University of Michigan and Dr. Robert A. Winn from Virginia Commonwealth University.
About Trial Library
Trial Library is an oncology clinical trials company helping patients, providers, and pharmaceutical sponsors of clinical trials. With an unprecedented level of investment in cancer research that is poised to produce a vast new array of therapeutic options, Trial Library seeks to improve access for all patients right when therapies are available. For more information, visit us at TrialLibrary.com and follow us on LinkedIn and Twitter.
1 "MAKING THE CASE FOR ONCOLOGY CLINICAL RESEARCH" American Society of Clinical Oncology, May 2020. https://www.asco.org/sites/new-www.asco.org/files/content-files/research-and-progress/documents/2020-ASCO-RCF-MakingCaseOncologyResearch-AtaGlance.pdf
2 "Clinical Trial Enrollment of Racial, Ethnic, and Underrepresented Groups—Leveraging a Digital Infrastructure" JAMA Oncology, August 5, 2021. https://jamanetwork.com/journals/jamaoncology/article-abstract/2782739
Contact:
Hala Borno
hala.borno@triallibrary.com
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https://www.wibw.com/prnewswire/2022/08/18/trial-library-emerges-out-stealth-with-5-million-seed-funding-led-by-lux-capital/
| 2022-08-18T11:04:05Z
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Transfr has harnessed the power of VR and AR to help workers-in-transition make the leap to higher paying careers in partnership with states, colleges, Fortune 500 employers
NEW YORK, June 16, 2022 /PRNewswire/ -- Transfr VR (Transfr), best known for pioneering the use of virtual reality to simulate on-the-job training, today announced $35 million in Series B funding as it expands into regions and industries most heavily impacted by skills gaps and unemployment. The round was led by Lumos Capital Group, a leading growth equity firm focused on education technology and workforce development. Lumos Capital Group's co-founder and Managing Partner Victor Hu will join Transfr's board of directors.
"Employers are looking for undiscovered talent—but high potential workers often are unaware of the on-ramp to in-demand and high-paying careers," said Bharani Rajakumar, founder and CEO of Transfr. "VR allows us to deliver on-the-job training at a massive scale to meet the economic development needs of states, communities and employers. Together, we are creating pathways from classroom to career that can help workers and learners access new skills—and better jobs."
Globally, employers across major industries face a critical shortage of skilled talent. In the U.S., a record number of workers (4.3 million) quit their jobs in January 2022 in search of new career opportunities, while the number of unfilled positions is nearing an all-time high. To help address this shortage of skilled talent, a growing number of employers are turning to emerging virtual reality technologies to attract workers as well as to provide hands-on, skills-based training for high-demand jobs.
Since its inception in 2017, Transfr has pioneered the use of virtual and augmented reality simulations for training in some of the country's fastest growing jobs and industries—including automotive, aerospace, advanced manufacturing, health care and construction. In five years, the company has grown from serving customers in a single state to working with non-profit, public sector, and enterprise partners in 36 states and the District of Columbia. More than 10,000 incumbent workers, job-seekers, and students have already accessed the company's virtual reality simulations, which simulate the on-the-job training and experience needed for individuals to prepare for new career opportunities.
"To meet the complex recruiting needs of our region's employers and grow our economic development base, we needed a way to make hands-on skills training and career search more relevant, accessible, and engaging to workers transitioning to new industries," said Cody Waits, director of the Office of Skills Development at the Arkansas Department of Commerce. "As a tool for career and technical education, the statewide adoption of virtual reality is helping to break down barriers to career exploration, training, and entry—while helping employers in our state find undiscovered talent."
Relative to traditional approaches, virtual reality-based training has been demonstrated to increase learning outcomes, speed of learning and overall learner engagement while lowering costs and other learning barriers. In one cohort of military veterans who participated in training through the Manufacturing Institute, 90% of trainees were placed in a job or continued through to continuing education.
Delivered in concert with employers, colleges, and workforce development organizations, Transfr's simulations enable learners to feel as though they are embedded in the physical environment and experience of an actual worksite. Transfr's innovative approach enables trainees to perform hands-on training with the assistance of a pre-programmed digital coach, all in a fully immersive, 360-degree environment that is distraction free and completely safe.
Nearly 300 organizations are now using Transfr's simulations as a platform for skills training and career exploration. Its suite of immersive learning technology and assessment tools is already used by local workforce agencies, schools, colleges, and employers across the country, including community and technical colleges like Wallace State Community College, workforce development agencies like the Arkansas Office of Skills Development, veteran-serving organizations like the National Association of Manufacturers/Manufacturing Institute, and large enterprise employers like Mazda Toyota Manufacturing.
Lumos Capital Group was joined by existing investors Firework Ventures and Album VC and new investor Spring Tide Capital. Transfr's backers also include veteran education executives such as former CEO of Penn Foster, Stuart Udell; Former CEO of Udemy, Dennis Yang; Degreed founder, David Blake; co-founder of WorkMarket, serial entrepreneur and best-selling author Jeff Wald; and former CEO of Upwork and Elance, Fabio Rosati.
"At a time when the jobs we do and the way we do them are changing dramatically, virtual and augmented reality holds enormous potential as a technology for career exploration, talent development and recruitment," said Victor Hu, co-founder of Lumos Capital Group. "The Transfr team is creating an entirely new approach to the acquisition of skills that can help workers gain invaluable on-the-job experience—and create pathways to social and economic mobility in underserved communities. This is a unique triple bottom line model that benefits companies and workers—while contributing to the economic well-being of communities—and is perfectly aligned with our mission as an investment firm."
In January 2020, Transfr was named a "2020 Innovator to Watch" by national education and workforce nonprofit JFF, as part of an analysis of more than 300 companies of all sizes and at all stages selected based on "innovation, the efficacy and cost-efficiency of their offerings, and ability to generate social impact." This year, the company was recognized by Built in NYC as one of its selective "22 Startups to Watch'' list, honoring some of the fastest-growing New York City-based startups poised to make a major impact.
About Transfr: Transfr's mission is to train the future of every industry by opening up new opportunities for people across the globe. We create unique pathways to well-paying jobs available now in high-demand fields, enabling learners to find job security and economic prosperity, facilitated by immersive, hands-on training. To learn more, please visit https://www.transfrvr.com.
About Lumos Capital Group: Lumos Capital Group is a growth equity firm investing in the future of learning and work. Lumos partners with leading entrepreneurs in the education and human capital development sectors, helping companies with impactful products and services achieve global scale. For more information, please visit www.lumoscapitalgroup.com.
View original content to download multimedia:
SOURCE Transfr
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https://www.mysuncoast.com/prnewswire/2022/06/16/vr-pioneer-raises-35m-help-workers-explore-careers-high-growth-industries/
| 2022-06-16T14:22:16Z
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If you haven't looked at your 401(k) in a while take my advice: don't. Americans lost half a trillion dollars in wealth early this year as the stock market plummeted.
Here's what else you need to know to Start Your Week Smart.
The weekend that was
• China's Defense Minister today accused the US of being a "bully" and "hijacking" countries around the region during a combative speech in which he said his country would "fight to the very end" to stop Taiwanese independence.
• South Korea will "dramatically" strengthen its defensive capabilities, the country's defense minister said today amid international concern that North Korea is reviving its nuclear testing program.
• March for Our Lives, the student-led movement focused on gun violence prevention, returned to Washington, DC, Saturday with a mass demonstration in the wake of recent shootings in Uvalde, Texas, and Buffalo, New York.
• For the first time ever, a gallon of regular gas in the US now costs $5 on average nationwide, according to AAA's Saturday reading.
• South African Charl Schwartzel won the inaugural individual stroke-play competition of the controversial Saudi-backed LIV Golf Invitational Series on Saturday. With the victory, Schwartzel earned $4 million for the three-round, 54-hole event.
The week ahead
Monday
The House select committee investigating the January 6, 2021, attack on the US Capitol will hold its second public hearing at 10 a.m. ET, with additional hearings set for Wednesday and Thursday, as well as the following week.
Tuesday
Primaries will be held in Maine, Nevada, North Dakota and South Carolina, and there's a special election in Texas' 34th Congressional District to fill the seat vacated by Democratic Rep. Filemon Vela, who stepped down in March.
It's also Flag Day and former President Donald Trump's 76th birthday.
Wednesday
The Federal Reserve will wrap up a two-day meeting on interest rates. The central bank is expected to announce a half-percent interest rate hike, but based on last week's news that inflation rose at the fastest pace in 40 years, the Fed could decide to go higher.
June 15 is also the 10th anniversary of the Deferred Action for Childhood Arrivals (DACA) program that shields hundreds of thousands of undocumented immigrants brought to the US as children from deportation.
Friday
June 17 is the 50th anniversary of the Watergate burglary, when five men were arrested after breaking into Democratic National Committee headquarters at the Watergate complex in Washington, DC.
Saturday
The 146th Annual Westminster Kennel Club Dog Show is set to begin at the Lyndhurst Estate in Tarrytown, New York. The show was originally scheduled to be held in January, but was postponed due to the Covid-19 pandemic.
And it's Sir Paul McCartney's 80th birthday. Happy birthday to you!
Want more 5 Things?
This week on the Sunday edition of the 5 Things podcast, CNN's Josh Campbell examines the gun used in so many mass shootings: the AR-15 style rifle. He tells us what makes the weapon so lethal, how law enforcement has adjusted its policies in response, and what Congress may be willing to do to further regulate it. Listen here.
Photos of the week
Check out more moving, fascinating and thought-provoking images from the week that was, curated by CNN Photos.
What's happening in entertainment
Broadway's biggest night
The 75th annual Tony Awards will take place tonight at Radio City Music Hall in New York City. Oscar winner Ariana DeBose will host the show, which airs on CBS and Paramount+ at 8 p.m. ET.
To infinity... and beyond!
"Lightyear," Pixar's "Toy Story" spinoff, blasts into theaters on Friday. Chris Evans lends his voice to the animated origin story of Buzz Lightyear, the legendary space ranger who inspired the toy.
What's happening in sports
NBA Finals
Game 5 of the championship series between the Boston Celtics and the Golden State Warriors is Monday at 9 p.m. ET. Steph Curry produced a 43-point masterpiece on Friday to propel the Warriors to a 107-97 victory and level the series at 2-2.
US Open
The 122nd US Open, the third major of the golf calendar, tees off Thursday at The Country Club in Brookline, Massachusetts. Tiger Woods, who withdrew from the 2022 PGA Championship last month after struggling in his third round, will not be in the field. A number of golfers who were suspended by the PGA Tour for participating in the inaugural LIV Golf event near London last week, including Dustin Johnson and Sergio Garcia, will be allowed to play in the US Open, which is run by the United States Golf Association.
Quiz time!
Take CNN's Weekly News Quiz to see how much you remember from the week that was! So far, 54% of fellow quiz fans have gotten an 8 out of 10 or better this week. How well can you do?
Play me off
Minimum Wage
How many songs do you know that mention a 401(k) in the lyrics? Well, at least one now. (Click here to view)
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.albanyherald.com/news/start-your-week-smart-china-south-korea-gun-violence-gas-prices-liv-golf/article_c132adc2-4e76-5641-9244-264ac13d7c6a.html
| 2022-06-12T13:50:10Z
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SHENZHEN, China, Aug. 31, 2022 /PRNewswire/ -- Today, Tencent Music Entertainment Group ("TME," or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China, announces an exciting new partnership with Billboard. The partnership leverages TME's leading technologies and Chinese music industry insights with Billboard's global brand authority, drawing on both domestic and international markets to promote the impact of Chinese music around the world.
The two parties will launch the "Chinese Music Gravity Project," a first-of-its-kind initiative dedicated to championing Chinese music across an international audience. Through a series of engaging content collaborations and features, TME and Billboard will shine a light on the diverse stories of Chinese music artists before an expansive world stage.
Under the partnership, TME and Billboard will combine their expertise to highlight China's music industry and share Billboard's global content to TME's wide-ranging channels. This will include TME's platforms – QQ Music, Kugou Music, Kuwo Music, and WeSing. All will feature Billboard's high-quality content, authoritative charts, global music news coverage, and expert recommendations.
"Our partnership with Billboard is the result of TME's continuous efforts in pursuing high-quality music and content innovation," said TC Pan, group Vice President of TME's content cooperation department. "In combination with Billboard's global authority and content platform, TME will provide high-quality content to music lovers and upgraded professional services to the Chinese music industry. Our jointly initiated project will bring world-class Chinese music to an international fanbase, marking an exciting progression in the global development of Chinese music."
"We're thrilled to be partnering with TME to promote the global development of Chinese music," said Mike Van, President of Billboard. "Billboard is committed to elevating emerging artists around the world, and we could not have asked for a better launch partner than TME, a company who like us, places artists and fans at the center of everything."
Looking ahead, TME will continue collaborations with global industry leaders to bring further resources and international exposure opportunities to China. These collaborations will provide support for local musicians and advance the global value of Chinese music.
About Tencent Music Entertainment Group
Tencent Music Entertainment Group (NYSE: TME) is the leading online music and audio entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music, and WeSing. TME's mission is to use technology to elevate the role of music in people's lives by enabling them to create, enjoy, share, and interact with music. TME's platform comprises online music, online audio, online karaoke, music-centric live streaming, and online concert services, enabling music fans to discover, listen, sing, watch, perform, and socialize around music. For more information, please visit ir.tencentmusic.com.
About Billboard
Billboard is a global music media brand, with a renowned authority among artists, fans, and the industry at large. Billboard powers the ultimate global music destination and magazine, featuring unrivaled reporting on music news, issues, trends, and the industry's definitive charts, encompassing the most complete and well-respected database of charts across all music genres. Billboard also produces elite conferences and events which regularly convene influential industry stakeholders and consumers around important conversations.
Media Contact
TME.PR@icrinc.com
+1 (646) 992-2986
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SOURCE Tencent Music Entertainment Group
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https://www.wibw.com/prnewswire/2022/08/31/tencent-music-entertainment-group-partners-with-billboard-promote-global-development-high-quality-chinese-music/
| 2022-08-31T10:20:26Z
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NEW YORK, July 21, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Molecular Partners AG ("Molecular Partners" or the "Company") (NASDAQ: MOLN) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Molecular Partners investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Molecular Partners American Depositary Shares pursuant and/or traceable to certain documents issued in connection with the Company's initial public offering conducted on or about June 16, 2021; and/or (b) Molecular Partners securities between June 16, 2021, and April 26, 2022. Follow the link below to get more information and be contacted by a member of our team:
MOLN investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the Company's product, ensovibep, was less effective at treating COVID-19 than defendants had led investors to believe; that (ii) accordingly, the the U.S. Food and Drug Administration ("FDA") was reasonably likely to require an additional Phase 3 study of ensovibep before granting the drug Emergency Use Authorization ("EUA"); (iii) waning global rates of COVID-19 significantly reduced the Company's chances of securing EUA for ensovibep; (iv) another of the Company's product candidates, MP0310, was less attractive to Molecular Partners' collaborator, Amgen, than defendants had led investors to believe; (v) accordingly, there was a significant likelihood that Amgen would return to global rights of MP0310 to Molecular Partners; (vi) as a result of all the foregoing, the clinical and commercial prospects of ensovibep and MP0310 were overstated; and (vii) as a result, documents issues in connection with the Company's initial public offer and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
WHAT'S NEXT? If you suffered a loss in Molecular Partners during the relevant time frame, you have until September 12, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP
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https://www.mysuncoast.com/prnewswire/2022/07/21/moln-lawsuit-alert-levi-amp-korsinsky-notifies-molecular-partners-ag-investors-class-action-lawsuit-upcoming-deadline/
| 2022-07-21T11:10:02Z
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Fellowes Brands, a leading manufacturer of air purifiers for more than a decade, encourages employers to invest in indoor air quality improvements that bolster employee wellness and productivity
ITASCA, Ill., Sept. 6, 2022 /PRNewswire/ -- In observance of the International Day of Clean Air on Sept. 7, Fellowes Brands, a family-owned company providing trusted workplace solutions for 105 years, today announced results from a recent national survey that found only 36% of respondents describe the indoor air at their workplace as very clean.
The survey of 1,120 American workers who work on-site and indoors for their employer also revealed that 91% of respondents agree clean indoor air helps them perform their best at work, while 88% believe clean indoor air should be a right for all employees.
Employers that invest in air purification with True HEPA filters to improve a building's indoor air quality (IAQ) can protect workers from airborne viruses, including COVID-19 and its variants, bacteria, pollution, allergens and volatile organic compounds (VOCs). Cleaner indoor air is also linked to increased cognition and productivity, according to research led by the Harvard T.H. Chan School of Public Health.
The Environmental Protection Agency reports that Americans, on average, spend approximately 90% of their time indoors, where the concentrations of some pollutants are often two-to-five times higher than typical outdoor concentrations, making cleaner indoor air an important focus for businesses on International Day of Clean Air.
COVID-19 and its variants remain top of mind for American workers, with 73% of respondents saying they were at least somewhat concerned about contracting the virus as a consequence of poor IAQ at work.
The majority of survey respondents also reported being at least somewhat concerned about the following additional consequences of poor IAQ in the workplace:
- Allergy symptoms: 71%
- Viruses other than COVID-19: 68%
- Headaches: 66%
- Fatigue: 65%
"The results of our survey are clear — most American workers understand the health risks of poor IAQ and the benefits of working in very clean air," said John Fellowes, fourth-generation CEO of Fellowes Brands. "Businesses that invest in improving their IAQ with air purification, HVAC improvements and increased ventilation will reap rewards with a healthier, happier and more productive workforce at a time of great competition for the best talent."
Air purification is one of the four key components of cleaner indoor air, according to a recent Lancet COVID-19 Commission report, and it is one of the most effective and fastest-to-install defenses against COVID-19 and other viruses that can quickly spread through workplaces.
Indoor air purification with H13 True HEPA filters can remove 99.95% of particles as small as 0.1 microns, including allergens, such as pollen, dust, pet dander, and smoke that can lead to poor IAQ and associated health risks. Improved IAQ also lowers risk of stroke, lung cancer, respiratory disease, and other health concerns.
Celebrating its 105th year under the private ownership and executive leadership of the Fellowes family, Fellowes Brands is a global leader of broad-based business solutions that help professionals be their best and feel their best. Headquartered in Itasca, Illinois, USA, Fellowes Brands operates from 24 locations across the globe. For more information, please visit fellowesbrands.com.
Fellowes Brands fielded a survey on Aug. 22-23, 2022, about indoor air quality topics via SurveyMonkey Audience to 1,120 U.S. adults who are employed full-time or part-time and who work at least part of the time indoors at their employer's location. The survey had a margin of error of +/- 2.99%.
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SOURCE Fellowes Brands
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https://www.mysuncoast.com/prnewswire/2022/09/06/only-36-american-workers-describe-indoor-air-their-workplace-very-clean-according-fellowes-brands-international-day-clean-air-survey/
| 2022-09-06T17:41:01Z
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DAMASCUS, Syria (AP) — Syria denied on Wednesday it is holding U.S. journalist Austin Tice or other Americans after President Joe Biden accused the Syrian government of detaining him.
The Syrian Foreign Ministry said in a statement that Damascus “denies it had kidnapped or is holding any American citizen on its territories.”
“The U.S. issued last week misleading and illogical statements by the American president and secretary of state that included baseless accusations against Syria that it had kidnapped or detained American citizens including former U.S. Marine Austin Tice,” the statement said.
Biden’s comments last week came in a statement released by the White House to mark the 10th anniversary of Tice’s abduction, which took place when he was in Syria covering its lengthy conflict. Biden’s remarks were the clearest indication so far that the U.S. is certain Tice is being held by the government of President Bashar Assad.
“We know with certainty that he has been held by the Government of Syria,” Biden said in his statement last week. “We have repeatedly asked the government of Syria to work with us so that we can bring Austin home.”
State Department Spokesman Ned Price told reporters on Tuesday that the U.S. government has pushed Syria to return every American. On Tice’s case specifically, he said, the Biden administration has “engaged extensively – and that includes directly – with Syrian officials and through third parties.”
“Syria has never acknowledged holding him,” Price said of Tice, adding that “we are not going to be deterred in our efforts. We are going to pursue every avenue for securing Austin’s safe return.”
The Syrian Foreign Ministry denied in its statement having any secret contacts with U.S. officials on the missing Americans, adding that “any official dialogue with the American government will only be public based on the respect of Syria’s sovereignty.”
In May, top Lebanese security official Maj. Gen. Abbas Ibrahim met with U.S. officials in Washington as part of mediation efforts between the U.S. and Syria for Tice’s release. Ibrahim, the chief of Lebanon’s General Security Directorate, has mediated complicated hostage releases in the past.
In May, Biden met Tice’s parents and reiterated his commitment to working toward “Austin’s long overdue return to his family.”
In the final months of the Trump administration, two U.S. officials — including the government’s top hostage negotiator, Roger Carstens, a former Army Special Forces officer — made a secret visit to Damascus to seek information on Tice and other Americans who have disappeared in Syria. It was the highest-level talks in years between the U.S. and Assad’s government, though Syrian officials offered no meaningful information on Tice.
Tice went missing shortly after his 31st birthday on Aug. 14, 2012 at a checkpoint in a contested area west of the capital of Damascus. A video released a month later showed him blindfolded and held by armed men, saying, “Oh, Jesus.” He has not been heard from since.
Tice is one of two Americans who went missing in Syria. The other is Majd Kamalmaz, a psychologist from Virginia, who vanished in Syria in 2017.
Tice is from Houston and his work had been published by The Washington Post, McClatchy newspapers and other outlets. He went to Syria to cover the conflict that started in 2011. The war has left hundreds of thousands dead and displaced nearly half of the pre-conflict population of 23 million. More than 5 million of those are outside the country.
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Mroue reported from Beirut.
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https://cw33.com/news/politics/ap-politics/syria-denies-it-is-holding-american-journalist-austin-tice/
| 2022-08-17T23:41:16Z
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A roundup of the week's most newsworthy auto and transport industry press releases from PR Newswire
NEW YORK, Sept. 9, 2022 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the auto and transportation industries stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.
The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.
- United Invests Another $15 Million in Electric Flying Taxi Market with Eve
The airline has signed a purchase agreement for up to 400 eVTOL aircraft from Eve, aiming to revolutionize the commuter experience in cities around the world. - 2023 Dodge Challenger and Charger Scat Pack Swinger Special-edition Models Bring Retro Flair to Dodge 'Last Call' Lineup
Tim Kuniskis, Dodge brand chief executive officer – Stellantis, says, "Dodge Swinger models have always held a unique spot in the Dodge muscle-car pantheon, and these modern-day models bring that fun back to life." - Uber and Nuro Announce 10-Year Partnership for Autonomous Food Deliveries Starting in California and Texas
Uber Eats consumers will be able to order meals and goods delivered by Nuro's zero-occupant autonomous delivery vehicles, which run on public roads and are built specifically to carry food and other goods. The partnership will kick off this fall with deliveries in Houston, TX and Mountain View, CA. - Circuit Raises $11M Series A to Expand EV Shuttle Business
The new capital will be used to grow Circuit's team, enhance its technology, and expand to more markets as demand for its services continues to quickly increase. The company has more than tripled in size since 2020. - Colorado Teardrops Finishes Prototype of their Electric Vehicle Adventure Trailer
The Boulder is designed to increase an EV's towing range, making camping even more accessible to EV owners. - Cannes Yachting Festival: SeaBubbles presents its electric, hydrogen-powered flying boat
Offering electric, hydrogen-propulsion combined with automated and retractable foils, the SeaBubble is designed to provide a unique aerial navigation experience, while preserving the marine ecosystem. - Sierra Northern Railway unveils new Hydrogen Powered, Zero Emission Switching Locomotive design concept
The locomotive will prove the potential of hydrogen fuel-cell technology to reduce transportation air pollutant and greenhouse gas (GHG) emissions. - Holland America Becomes First and Only Cruise Line Certified Sustainable for Alaska Seafood by Responsible Fisheries Management
Gus Antorcha, president of Holland America Line, says, "We've pledged to buy and serve only local, sustainable, fresh seafood on Alaska voyages, and RFM certification is a crucial step in the commitment to sustainability that we share with our guests and fishing families of Alaska."
Read more of the latest auto- and transportation-related releases from PR Newswire and stay caught up on the top press releases by following @PRNtrnsp on Twitter.
These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.
Once they're signed up, reporters, bloggers and freelancers have access to the following free features:
- Customization: Create a customized newsfeed that will deliver relevant news right to your inbox. Customize the newsfeed by keywords, industry, subject, geography, and more.
- Photos and Videos: Thousands of multimedia assets are available to download and include with your next story.
- Subject Matter Experts: Access ProfNet, a database of industry experts to connect with as sources or for quotes in your articles.
- Related Resources: Read and subscribe to our journalist- and blogger-focused blog, Beyond Bylines, for media news roundups, writing tips, upcoming events, and more.
For more than 65 years, PR Newswire has been the industry leader with the largest, most comprehensive distribution network of print, radio, magazine, television stations, financial portals and trade publications. PR Newswire has an unparalleled global reach of more than 200,000 publications and 10,000 websites and is available in more than 170 countries and 40 languages.
PR Newswire for Journalists (PRNJ) is an exclusive community that includes over 20,000 journalists, bloggers and influencers who are logging into their PRNJ accounts specifically looking for story ideas. PR Newswire thoroughly researches and vets this community to verify their identity as a member of the press, blogger or influencer. PRNJ users cover more than 200 beats and verticals.
For questions, contact the team at media.relations@cision.com.
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https://www.kxii.com/prnewswire/2022/09/09/this-week-transportation-news-8-stories-you-need-see/
| 2022-09-09T12:37:42Z
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CHICAGO, Sept. 7, 2022 /PRNewswire/ -- Healthcare is facing a set of challenges unlike any the industry has ever experienced, from increased competition and workforce struggles to eroding public trust. At the same time, innovations in science and technology, along with the evolution of care-delivery models, create a host of opportunities for the industry to reshape itself. More than 300 senior healthcare leaders from 150 companies committed to transforming healthcare will convene in Chicago on Sept. 19–21, 2022, to discuss the industry's future at the 10th annual Oliver Wyman Health Innovation Summit.
The invitation-only event, titled New Norms, New Expectations, brings together executives, experts, and influencers from across the globe to explore ways of creating positive change in healthcare. "As an industry, we face bigger challenges — and have greater obligations to society — than ever before." said Sam Glick, partner and global leader of Oliver Wyman's Health and Life Sciences practice. "At the same time, for those of us who are willing to take a hard look in the mirror and think differently about how we understand and engage with those we serve, there is more opportunity than we've ever had before. Understanding, compassion, and community connection are now as important as quality, affordability, and innovation."
Highlights of this year's Summit include:
- Insights from some of the industry's most influential executives including the following speakers:
- An immersive and experiential exhibit, Renaissance 2022, where attendees will dive into the macro societal trends driving disruption to how we do business, how we engage with consumers, and how we build and manage our workforce. The experience is derived from 18+ months of consumer research by the Oliver Wyman Forum which identifies The New People Shaping our Future including The Citizens of the Metaverse, The Digital Boomers, The New Collars, The Virtual Natives, The Wellness Protagonist, The Psychedelic Adventurer and more.
- Chicago's legendary improv group, The Second City, which launched the careers of Tina Fey, Steve Carell, and Stephen Colbert, will give us a humorous preview of the "New Norms" and "New Expectations" that we'll explore over the course of the Summit.
- The MedCity News Insights Lounge will interview speakers and attendees live from the Summit about their strategies and views for the future of healthcare.
- Executive Sessions on topics such as:
The Oliver Wyman Health Innovation Summit would not be possible without the generous support of our partners: Platinum partner, Softheon; Gold partners Navvis and Transcarent; Bronze partner Motive Practicing Wisely Solutions; Sustainability partner, Onlife Health; Innovator partners Amitech, Big Health, Calibrate, Carrot Fertility, Emcara, Spring Health and Tytocare; and Media partner MedCity News.
Individuals not attending the event can access real-time insights and perspectives through Oliver Wyman's social media channels, including Twitter via @OliverWyman, @OWHealthEditor and LinkedIn via Oliver Wyman and Oliver Wyman Health. All content can be found following #OWHIC. Exclusive real-time content will also be available on our blog, Oliver Wyman Health. Executive interviews will be hosted in the MedCity Insights Lounge and shared via Oliver Wyman's YouTube channel.
For more information on this year's event or to speak with Oliver Wyman about the Summit, please contact Francine Minadeo at francine.minadeo@oliverwyman.com. For a complete agenda and roster of speakers, please visit the event website.
Oliver Wyman is a global leader in management consulting. With offices in more than 70 cities across 30 countries, Oliver Wyman combines deep industry knowledge with specialized expertise in strategy, operations, risk management, and organization transformation. The firm has more than 5,700 professionals around the world who work with clients to optimize their business, improve their operations and risk profile, and accelerate their organizational performance to seize the most attractive opportunities. Oliver Wyman is a business of Marsh McLennan [NYSE: MMC].
For more information, visit www.oliverwyman.com. Follow Oliver Wyman on Twitter @OliverWyman.
Oliver Wyman launched the Health Innovation Center (OWHIC) in 2011 to accelerate health market transformation. OWHIC champions innovation by disseminating proven innovations; envisioning market-based solutions to today's and tomorrow's challenges; and establishing a cross-industry community of thought-leaders to share and shape ideas.
For the latest on the business of transforming healthcare, visit the Oliver Wyman Health digital platform at health.oliverwyman.com and follow us on Twitter @OWHealthEditor. For more information, visit oliverwyman.com.
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https://www.mysuncoast.com/prnewswire/2022/09/07/10th-annual-oliver-wyman-health-innovation-summit-explores-new-norms-new-expectations-healthcare/
| 2022-09-07T19:25:06Z
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Honoring fallen officers: Annual ceremony highlights law enforcement service
CANTON – About 75 people braved a steady rainfall outside the Stark County Courthouse Friday as the names of fallen law enforcement officers were read aloud.
The bell in Central Plaza tolled as Sheriff George Maier, Canton Police Chief John Gabbard and Lawrence Township Police Chief Dave Brown "read the roll," listing the names of 17 officers and two police dogs.
The names included a Lawrence Township police officer who'd contracted COVID last year while transporting a prisoner to the county jail and consequently died Christmas Day.
Remembering officer Sean VanDenberg
Officer Sean E. VanDenberg had served as a police officer for eight years when he succumbed to the illness. The World Health Organization said Thursday that 15 million people have died from coronavirus during the pandemic.
Law enforcement from East Cleveland, Cleveland, Akron, Cuyahoga Falls, Canton, North Canton, Jackson Township, Stark County Sheriff's Office attended his funeral in January.
VanDenberg was married with four grown children. He began working in Lawrence Township in May 2013.
He was a field training officer and the department's firearms instructor, and a member on the Canton Metro SWAT Cooperative with Canton police and other Stark County departments. He also was a trained sniper with the Stark County SWAT team.
Brown told the crowd gathered for the annual police officers memorial ceremony by the star-shaped monument at Tuscarawas Street and Market Avenue N that 616 law enforcement officers died in the line of duty last year.
So far this year, he said, another 102 have been killed.
VanDenberg was the only officer in Stark County considered to have died in the line of duty in 2021.
A portion of Second Street NW was temporarily blocked off for the annual event, held now for more than 30 years.
Annual ceremony honors law enforcement sacrifices
Most of those on hand were law enforcement officers, men and women who came to pay their respects. Others are family and friends of the fallen.
James Lindesmith, 86, of Canton, arrives every year to pay tribute to his grandfather, Canton Police Officer James L. Lindesmith, who was killed in 1929. He recalled that he was just a child when his grandfather was killed.
He said he comes to honor all police officers, living and deceased.
"Police officers are to be honored whether they died or not," he said. "They are special people to me."
He said his brother, Ronald Lindesmith, came every year, too. Ronald Lindesmith passed away two years ago.
The ceremony is held each year to honor the county's fallen officers "to renew our dedication and remind them that they did not die in vain," said Canton Police Lt. Vic George. A few of those officers were killed in the line of duty around 100 years ago. Others, like VanDenberg, were more recent.
As the name of each deceased officer is called out along with his “end of watch” date, a uniformed officer walks to the memorial stone, laying a long-stemmed rose at the base and saluting before walking away.
A K-9 monument also is decorated with roses for the two police dogs killed in the line of duty.
The K-9 memorial was added in 2017. It is dedicated to all of the police dogs in Stark County that have died in the line of duty. The monument has the name of two German shepherds: Jethro and Luko, both Canton police K-9s. Luko was struck by a car in 1998 while chasing a suspect, and Jethro was killed by a suspect who’d broken into the nearby grocery store.
After all of the names are read, gunfire rings out over downtown from the three-rifle volley and a chaplain says a prayer. A large wreath is placed before the memorial on which all of the names of the fallen are imprinted.
The Stark County Sheriff’s Office will hold its annual Peace Officer Memorial Ceremony at noon May 11 in recognition of National Police Memorial Week.
That ceremony will take place on the lawn of the Safety Building adjacent to the county jail. Fallen officers of the Stark County Sheriff’s Office and other Stark County Police Departments also will be remembered during that service, according to a news release from the sheriff's office.
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https://www.cantonrep.com/story/news/2022/05/06/memorial-service-held-downtown-fallen-officers/9656789002/
| 2022-05-06T21:09:53Z
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NORTHBROOK, Ill., July 27, 2022 /PRNewswire/ -- Stepan Company (NYSE:SCL) today reported:
On July 26, 2022, the Board of Directors of Stepan Company declared a quarterly cash dividend on the Company's common stock of $0.335 per share. The dividend is payable on September 15, 2022, to common stockholders of record on August 31, 2022. The Company increased its quarterly cash dividend in the fourth quarter of 2021 by $0.030 per share, marking the 54th consecutive year that the Company has increased its cash dividend to stockholders.
Stepan Company is a major manufacturer of specialty and intermediate chemicals used in a broad range of industries. Stepan is a leading merchant producer of surfactants, which are the key ingredients in consumer and industrial cleaning and disinfection products and in agricultural and oilfield solutions. The Company is also a leading supplier of polyurethane polyols used in the expanding thermal insulation market, and CASE (Coatings, Adhesives, Sealants, and Elastomers) industries.
Headquartered in Northbrook, Illinois, Stepan utilizes a network of modern production facilities located in North and South America, Europe and Asia.
The Company's common stock is traded on the New York Stock Exchange (NYSE) under the symbol SCL. For more information about Stepan Company please visit the Company online at www.stepan.com.
More information about Stepan's sustainability program can be found on the Sustainability page at www.stepan.com.
Contact: Luis E. Rojo 847-446-7500
Certain information in this news release consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements include statements about Stepan Company's plans, objectives, strategies, financial performance and outlook, trends, the amount and timing of future cash distributions, prospects or future events and involve known and unknown risks that are difficult to predict. As a result, Stepan Company's actual financial results, performance, achievements or prospects may differ materially from those expressed or implied by these forward-looking statements. In some cases, you can identify forward-looking statements by the use of words such as "may," "could," "expect," "intend," "plan," "seek," "anticipate," "believe," "estimate," "guidance," "predict," "potential," "continue," "likely," "will," "would," "should," "illustrative" and variations of these terms and similar expressions, or the negative of these terms or similar expressions. Such forward-looking statements are necessarily based upon estimates and assumptions that, while considered reasonable by Stepan Company and its management based on their knowledge and understanding of the business and industry, are inherently uncertain. These statements are not guarantees of future performance, and stockholders should not place undue reliance on forward-looking statements.
There are a number of risks, uncertainties and other important factors, many of which are beyond Stepan Company's control, that could cause actual results to differ materially from the forward-looking statements contained in this news release. Such risks, uncertainties and other important factors include, among other factors, the risks, uncertainties and factors described in Stepan Company's Form 10-K, Form 10-Q and Form 8-K reports and exhibits to those reports, and include (but are not limited to) risks and uncertainties related to the impact of the COVID-19 pandemic; accidents, unplanned production shutdowns or disruptions in manufacturing facilities; reduced demand due to customer product reformulations or new technologies; our inability to successfully develop or introduce new products; compliance with laws; our ability to identify suitable acquisition candidates and successfully complete and integrate acquisitions; global competition; volatility of raw material and energy costs and supply; disruptions in transportation or significant changes in transportation costs; downturns in certain industries and general economic downturns; international business risks, including currency exchange rate fluctuations, legal restrictions and taxes; unfavorable resolution of litigation against us; maintaining and protecting intellectual property rights; our ability to access capital markets; global political, military, security or other instability; costs related to expansion or other capital projects; interruption or breaches of information technology systems; our ability to retain executive management and key personnel; and our debt covenants.
These forward-looking statements are made only as of the date hereof, and Stepan Company undertakes no obligation to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.
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https://www.mysuncoast.com/prnewswire/2022/07/27/stepan-declares-quarterly-dividend/
| 2022-07-27T12:22:40Z
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Which office outlet extender is best?
Outlets in an office space rarely have enough spots to plug in every device you need to use daily. Computers, monitors, printers, scanners, copiers and more are common, requiring consistent power for maximized productivity. Whether used in a traditional office setting or a home office, outlet extenders can make it easier to power all of the most critical devices.
If you are looking for an extender and power strip with smart device capabilities, the top choice is the Kasa Smart Plug Power Strip HS300. It has multiple outlets and USB ports that can all be controlled individually, unlike most strips that have only on and off states.
What to know before you buy an office outlet extender
What kind of extender do you need?
Some extender cables help connect you to an outlet that is too far away. Some power strips moderately extend the range of your outlet, in addition to expanding the number of devices that you can plug into that power source. These will often have surge-protection features, which can help ensure the electrical safety of an office or home office.
How many outlets do you need?
Sometimes the distance to the outlet is the primary issue, and you need an extension cord with reach. Other times, you will need a power strip for many devices to use a single outlet. Depending on your office setup, consider how many outlets you will need to use before buying an extender. Power strips generally have between four and a dozen outlets. It varies greatly, and you do not need a longer power strip on the end of your outlet extension cord than needed.
Is the outlet behind a desk?
If your outlet is in an awkward spot, you may need an extender adapter so that you can plug in other cables at different angles. Combining an adapter plugged into the outlet with a power strip to set up all the necessary electronics can be a convenient solution to that problem.
What to look for in a quality office outlet extender
Safety
The best outlet extension cables and devices have surge protection to protect all the plugged electronics. Surge protection is critical because it can prevent damage to property from power surges or any electrical supply issues. Worst case scenario, you may need to replace an outlet extender device, but that is preferable to replacing all the office equipment plugged into one.
Length
There is no optimal length and reach of an extension cord or power strip because it depends on the office space layout. Some outlets are too far away from where they need to be for them to be useful, but some do not need a long extension cable taking up unnecessary space. Measure the length you need before you buy any devices for your office space.
Ports
The number and type of ports are important. Note if your devices require two or three-pronged outlets. Also, consider if devices need to be plugged directly into a USB port to charge. There are lots of outlet extender products that have dedicated USB ports. The best number of ports is the number you need plus one or two extra, if you need to temporarily plug in another device or charge a mobile phone with the outlet.
How much you can expect to spend on an office outlet extender
You can find simple extenders and power for less than $30. If you need a particularly long extender cable or additional features, it could cost $30-$50 for indoor outlet extension gear.
Office outlet extender FAQ
Do outlet extenders need smart technology?
A. Tons of outlet extension cables and devices that do not use smart technology at all. Unless you want the extra quality of life features or there is a specific reason you need an extender to be a smart device, it is not needed. You can save money by opting for a simple electrical extension cord or a power strip that fits in your office space.
How many devices can you plug into one power strip?
A. It depends on the energy required to power your devices, not just the number of outlets available. For your safety, be careful to avoid plugging in too many devices into one outlet. Check how much power an outlet can safely provide before adding more devices to the same power source. Depending on the outlet, you may be able to plug in all of your devices without the need to spread them out across more than one electrical outlet.
What’s the best office outlet extender to buy?
Top office outlet extender
Kasa Smart Plug Power Strip HS300
What you need to know: This is an excellent extender and power strip that features smart technology for convenience and safety.
What you’ll love: It has six separately controlled outlets and three dedicated USB ports. Users can cut down on energy consumption by using the companion app to monitor energy flow. The smart strip helps users to draw only the power needed and is a certified surge protector. You can use the app or a smart assistant like Alexa or Google Assistant to control the outlet.
What you should consider: Some users have had issues with the device rebooting or having trouble connecting to Wi-Fi to use smart control features.
Where to buy: Sold by Amazon
Top office outlet extender for the money
APC Surge Protector With USB Charging Ports
What you need to know: This affordable rotating power strip allows devices to plugin safely, even at odd angles.
What you’ll love: It comes in a few color options and wall mounts if needed. Each of the six outlets can rotate while maintaining a connection. It allows for easy management of multiple cables that need to connect from multiple different directions. A built-in LED indicator light informs users of the status of the device’s surge protection.
What you should consider: The LED light may have some issues with ground fault detection, but the extender is safe and affordable.
Where to buy: Sold by Amazon
Worth checking out
360 Electrical Habitat Braided Extension Cord
What you need to know: This outlet extender cable with a six-foot cord is especially sturdy and difficult to damage.
What you’ll love: The cord is braided and durable. It has three power outlets and two dedicated USB ports that support fast charging for tablets and smartphones. Because each outlet is on a different side of the sturdy cube, bulky or unusually shaped plugs are not an issue. The part that plugs into the outlet is low-profile and can fit if an outlet is hidden behind a desk or cabinet.
What you should consider: There are not that many outlets, so if you need to plug in a large number of devices to your outlet extender, you may need a power strip instead.
Where to buy: Sold by Amazon
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Elliott Rivette writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved.
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https://cw33.com/reviews/br/electronics-br/charging-power-br/best-office-outlet-extender/
| 2022-07-03T12:42:09Z
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HAVERHILL, Mass., June 14, 2022 /PRNewswire/ -- Scully Company announced their recent acquisition of The Bixby, a 128-unit, multifamily asset located in Haverhill, MA within the fast-growing Northern Essex submarket. The Bixby marks Scully Company's second community in New England and is consistent with the focused portfolio expansion in the region.
Scully acquired the market rate property from Blackfin Real Estate Investors with the disposition and financing coordinated by Berkadia. The Pennsylvania-based firm intends to modernize select unit interiors, enhance common areas and provide a best-in-class living experience for residents.
"We are thrilled to acquire The Bixby and enjoyed working with the seller and Berkadia teams. The excellent location and ability to offer residents a well-amenitized living experience on the idyllic Merrimack River made for an attractive investment profile. We look forward to being good stewards of the community and furthering our portfolio in New England," said John Schonborn, Managing Director of Investments for Scully Company.
The Bixby offers pet-friendly, modern, studio, one, and two-bedroom apartments. While a suburban location, the community is transit-oriented with the MBTA station just across the street and provides residents access to 25+ shops and restaurants along Washington Street within a 5-minute walk. Existing community amenities include a resident lounge with pool tables, shuffleboard, and smart TVs, an entertainment kitchen, 24-hour fitness center, bark park, resident storage, dedicated package room, and secure on-site structured parking.
Established over seventy years ago, Scully Company brings generations of family know-how and professional experience to the acquisition, development, construction, management, and asset management of apartment communities for institutions, private investors, and their own portfolio. Scully Company specializes in multi-family real estate in both ownership and management capacities, currently managing thousands of units consisting of large-scale garden, mid-rise, and high-rise apartment communities in Florida, Pennsylvania, New Jersey, and Connecticut. Operating in diverse locations with a keen focus on strategies specific to local markets, Scully Company has achieved recognition as a leader in the multi-family industry. For more information, please visit www.ScullyCompany.com. For new investment opportunities contact John Schonborn at JSchonborn@scullycompany.com
Press Contact: Scully Company
Renee McIntyre
(215) 887-8400
rmcintyre@scullycompany.com
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https://www.wibw.com/prnewswire/2022/06/14/scully-company-enters-boston-market-expands-new-england-portfolio/
| 2022-06-14T13:22:32Z
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New report details missed chances to stop Uvalde shooting
AUSTIN, Texas (AP) — A police officer armed with a rifle watched the gunman in the Uvalde elementary school massacre walk toward the campus but did not fire while waiting for permission from a supervisor to shoot, according to a sweeping critique released Wednesday on the tactical response to the May massacre.
Some of the 21 victims at Robb Elementary School, including 19 children, likely “could have been saved” on May 24 had they received medical attention sooner while police waited more than an hour before breaching the fourth-grade classroom, a review by a training center at Texas State University for active shooter situations found.
The report is yet another damning assessment of how police failed to act on opportunities that might have saved lives in what became the deadliest school shooting in the U.S. since the slaughter at Sandy Hook Elementary School in 2012.
“A reasonable officer would have considered this an active situation and devised a plan to address the suspect,” read the report published by the university’s Advanced Law Enforcement Rapid Response Training program.
Authors of the 26-page report said their findings were based off video taken from the school, police body cameras, testimony from officers on the scene and statements from investigators. Among their findings:
— It appeared that no officer waiting in the hallway during the shooting ever tested to see if the door to the classroom was locked. The head of Texas’ state police agency has also faulted officers on the scene for not checking the doors.
— The officers had “weapons (including rifles), body armor (which may or may not have been rated to stop rifle rounds), training, and backup. The victims in the classrooms had none of these things.”
— When officers finally entered the classroom at 12:50 p.m. — more than an hour after the shooting began — they were no better equipped to confront the gunman than they had been up to that point.
—”Effective incident command” never appears to have been established among the multiple law enforcement agencies that responded to the shooting.
The report follows testimony last month in which Col. Steven McCraw, director of the Texas Department of Public Safety, told the state Senate that the police response was an “abject failure.” He pinned particular blame on Chief Pete Arredondo, saying that as on-scene commander the Uvalde schools police chief made “terrible decisions” and stopped officers from confronting the gunman earlier.
Arredondo has tried to defend his actions, telling the Texas Tribune that he didn’t consider himself the commander in charge of operations and that he assumed someone else had taken control of the law enforcement response. He said he didn’t have his police and campus radios but that he used his cellphone to call for tactical gear, a sniper and the classroom keys.
According to he report released Wednesday, Arredondo and another Uvalde police officer spent 13 minutes in the school hallway during the shooting discussing tactical options, whether to use snipers and how to get into the classroom windows.
“They also discussed who has the keys, testing keys, the probability of the door being locked, and if kids and teachers are dying or dead,” the report read.
McCraw said police had enough officers and firepower on the scene of the Uvalde school massacre to have stopped the gunman three minutes after he entered the building, and they would have found the door to the classroom where he was holed up unlocked if they had bothered to check it.
A lawyer for Arredondo and a spokeswoman for the Uvalde city police department did not immediately respond to requests for comment. Arredondo is on leave from his job with the Uvalde Consolidated Independent School District and resigned from his position as a city councilor last week.
Public leaders, including Texas Gov. Greg Abbott, initially praised the police response in Uvalde. Abbott said officers reacted quickly and ran toward the gunfire with “amazing courage” to take out the killer, thereby saving lives. He later said he was misled.
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Bleiberg reported from Dallas.
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Find more AP coverage of the Uvalde school shooting: https://apnews.com/hub/uvalde-school-shooting
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/07/06/new-report-details-missed-chances-stop-uvalde-shooting/
| 2022-07-06T19:40:39Z
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Fighting fewer colds, some travelers will still mask while flying
By Terry Ward, CNN
Jessie Festa was seated on an Alaska Airlines flight at Seattle-Tacoma International Airport waiting to take off for Pasco, Washington, when a flight attendant announced wearing masks during the flight was no longer required.
“The reaction around me was jubilation,” Festa, a travel blogger who lives in New York City, wrote via email. “Everyone started cheering and ripping off their masks.”
Festa, 35, said she initially removed hers, too, “as the exciting feeling was almost contagious.” Then she slipped it back on.
Word spread like wildfire among travelers on Monday after a federal judge in Florida struck down the federal mandate for wearing masks in airports, on domestic flights and on other forms of public transportation. The US Justice Department appealed the ruling on Wednesday following a recommendation by the US Centers for Disease Control and Prevention.
Before mask use became widespread on airplanes and in other places during the pandemic, Festa said, she always became sick after flying — either getting a sinus infection or swollen lymph nodes. Since she started flying with a mask over her nose and mouth, Festa noticed she hasn’t been sick once.
“The ability to enjoy my trips without feeling ill majorly outweighs the slight discomfort of having cloth on my face,” Festa said. She plans to continue masking on future flights.
More reasons to keep that mask on
Travelers thinking along those same lines in the wake of the mandate’s lifting are on to something, said infectious disease expert Dr. William Schaffner, a professor of preventive medicine and infectious diseases at Vanderbilt University Medical Center in Nashville, Tennessee.
Masks, when worn properly and consistently, reduce the risk of transmitting and catching the virus that causes Covid-19 as well as other respiratory viruses, including common colds and influenza, he said.
“Masks can both impede the spread of the viruses from me to you, and they can also protect me from you,” Schaffner said. That includes the viruses that cause the common cold.
While stories of people taking a flight and coming down with a cold immediately afterward are mostly anecdotes, Schaffner said it’s no surprise when people get a cold two days after sitting next to someone who was coughing and sneezing on a plane.
Wearing a mask will “reduce the number of colds as well as influenza and Covid viruses that we can pick up when we’re indoors in any exposed spaces, in close proximity to other people,” he said.
For frequent flier Benét J. Wilson, 58, who works for The Points Guy travel website, a noticeable reduction in her allergies — in addition to fewer colds — will keep her masking on planes, among other public areas, for the foreseeable future.
“I’m allergic to dust and pollen. My allergies were especially bad on airlines with cloth seats,” she said. “I firmly believe that my N95 mask kept me safe from irritants on planes that would cause my allergies to flare up.”
Dr. Robert Murphy, a professor of infectious diseases and executive director of the Robert J. Havey, MD Institute for Global Health at Northwestern University Feinberg School of Medicine, said that “masks filter many pathogens and allergens.”
In addition to helping protect against Covid-19, influenza and respiratory pathogens, masks can also help prevent the spread of such viral pathogens as rhinovirus, adenovirus and respiratory syncytial virus, Murphy said.
Should we keep masking on the ground?
A cancer survivor from St. Paul, Minnesota, with a compromised immune system, Jessica Kubis said she used to get sick every time she flew. “But since wearing a mask in the airport and the plane, I haven’t been,” Kubis said. “It’s been glorious.
Kubis, 43, said she also attributes her improved general health to no longer working in an office environment where people come to work sick and pass illnesses around the office.
Kubis continues to mask on planes — and at the gym, inside stores, concert venues and in restaurants outside of her table — to protect herself and others.
Immunocompromised people and those with underlying medical conditions and those who live with someone who is vulnerable “should choose to mask if they want to keep avoiding the coronavirus,” CNN Medical Analyst Dr. Leana Wen said.
Planes are relatively low-risk when it comes to Covid-19 transmission because of the high degree of air flow and high-quality ventilation on board, except during boarding and deplaning, when there isn’t good ventilation. But Wen is more concerned about buses and subways that may not have as good a ventilation “and where masks may no longer be required.”
Some flight attendants are relieved
Philadelphia-based flight attendants Rich Henderson and Andrew Kothlow of the blog Two Guys on a Plane felt a “huge sense of relief” with the mask mandate’s lifting this week.
“Some of the worst interactions we’ve ever had with passengers have been over enforcing the mask policy,” Henderson told CNN. “It doesn’t matter how nice you are to passengers about the mask policy either as there are some folks who come on board looking to fight.”
Their roles, Kothlow said, went from being “about aviation safety and travel to being the face of mask mandates.”
“Now that wearing a mask is a personal choice, that added tension in the air has been lifted,” he said. Henderson and Kothlow said they’ll keep masking in flight, with Henderson wearing a surgical mask and Kothlow a KN95 one. (N95 and KN95 masks offer greater protection than cloth or surgical ones, according to the CDC.)
“Before Covid, I usually got a cold about twice a year,” Henderson said. “Wearing a mask has prevented me from getting sick at all, so I’m more than happy to continue wearing one, especially on airplanes.”
Moving forward in the new normal
Sean Harris, 39, a communications and events professional in San Francisco, said that while the end of the mask mandate didn’t surprise him, he wished it had been handled differently.
“This should have been communicated to the public in advance, with an opportunity for those who are immunocompromised, with unvaccinated children, etc. to re-book or cancel without any penalty,” he wrote to CNN. “It should not have been done via PA announcement mid-flight.”
Harris has had fewer colds since he’s been masking, but his decision to continue wearing a mask in crowded places and on an upcoming flight to his husband’s native Germany is about protecting himself and others.
“Given that we’ll be interacting with families, friends and the general public who have pre-existing conditions and other risk factors that make them more susceptible to Covid-19, we’re choosing to wear masks on our upcoming trip,” he said.
Not catching colds and other diseases has its benefits.
“I think many people want to continue to mask in order to reduce their likelihood of contracting different diseases,” Wen said. “Masking should be something that’s allowed, encouraged and recommended, especially for vulnerable people but for anyone who wants to keep doing it.”
Schaffner predicted that some people may turn to masking again in future winters and flu seasons now that they have a positive association with its effects.
“Masks aren’t perfectly protective. But people have discovered they’ve offered them a level of protection and that they’re not so dorky after all,” he said. “They’re cheap, easy to use correctly, and they do provide a level of protection.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
Terry Ward is a freelance writer based in Tampa, Florida.
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https://localnews8.com/news/2022/04/22/fighting-fewer-colds-some-travelers-will-still-mask-while-flying/
| 2022-04-22T10:59:09Z
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Kansans reflect on lives lost during the Holocaust
TOPEKA, Kan. (WIBW) - Kansans gathered at the Statehouse Thursday to remember the lives taken during the Holocaust.
“Never shall we forget the small faces of the children whose bodies I saw transform into smoke under a silent sky.”
Survivors were also honored at the ceremony.
“We pay tribute to their resilience and their fortitude, they moved forward from profound loss to rebuild their lives and reconstitute their new lives as a refugee in a new country,” said Jessica Rockhold.
Some speakers had parents who witnessed the tragedy up close.
”My father could not believe what he was seeing one by one, the young men were taken off the truck and walked to the edge of this huge pit and shot one by one in the head and fell into the mass grave,” said Dr. Michael Good.
Governor Laura kelly also took the time to explain there is no room in the state for hatred and hopes Kansans learn from the past to make a better future.
”Kansas is stronger when it embraces diversity, celebrates differences and recognizes unique contributions.”
”Before I sign the proclamation, I want to recognize the Kansas Holocaust Commision for its work educating Kansans about the Holocaust and urging all people to overcome prejudice and bigotry,” said Kelly.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/04/28/kansans-reflect-lives-lost-during-holocaust/
| 2022-04-29T00:18:01Z
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Titan Wealth Group Sells Mokena Self Storage at Certificate of Occupancy for $18mm
MOKENA, Ill., June 9, 2022 /PRNewswire/ -- Titan Wealth Group today announced that the financials have been finalized for its investors in the sale of Mokena Self Storage in Mokena, IL. This milestone is a major move for Titan Wealth Group whose investors experienced a 2.26x equity multiple and 118.4% internal rate of return in just 13 months when the Mokena Self Storage project was estimated to be a 60-month timeline.
"We're thrilled that our investors able to achieve higher returns than our 5-year projections in just over a year." says Fernando Angelucci, President of Titan Wealth Group and CEO of Self Storage Syndicated Equities. "The fact that we were able to sell for our stabilized price at certificate of occupancy to a buyer who will get to experience the upside of leasing the property in a red-hot rental market means that this was a win-win. We look forward to the repeatability of our investment model".
Mokena Self Storage is located in Will County, one of the fastest growing counties in the United States. Built on 4.086 acres, Mokena Self Storage is a 3-story climate-controlled building with two single-story wings. This industry leading design results in 108,659 net rentable square footage and 939 storage units.
Titan Wealth Group partnered with Kingdom Holdings, LLC and Pine Forest Development, LLC on the project. Titan Wealth Group brought the loan guarantor, debt and equity for Mokena Self Storage. Midland States Bank provided the acquisition and construction loan. Mariottini Construction was the general contractor for the ground up development.
- Titan Wealth Group closed on the Mokena Self Storage project on October 9th, 2020
- The Colliers Self Storage Group brokered the sale of Mokena Self Storage to Trojan Storage, LLC
- Mokena Self Storage sold for $18,000,000 on November 3rd, 2021
- Titan Wealth Group originally projected a $12.7mm construction budget but was able to reduce the cost to build Mokena Self Storage to $10.5mm
About Titan Wealth Group: Titan Wealth Group is the management company for Self Storage Syndicated Equities, a Chicago, IL based investment firm that syndicates the acquisition and development of self-storage facilities nationwide.
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https://www.wibw.com/prnewswire/2022/06/09/titan-wealth-group-outperforms-projected-sale-timeline-by-78/
| 2022-06-09T13:50:22Z
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- Revenues of $4.01 billion for Q4 FY22, down 8.6% as compared to prior year period, and down 2.8% on an organic basis
- Diluted Earnings Per Share was $2.14 and Non-GAAP Diluted Earnings Per Share was $0.84 in Q4 FY22
- Bookings of $4.8 billion and book-to-bill ratio of 1.20x in Q4 FY22
- FY22 operating cash flow of $1,501 million, less capital expenditures of $758 million, results in $743 million of free cash flow, a $1.4 billion improvement over FY21
- Returned $271 million to shareholders by repurchasing 8.2 million shares in Q4 FY22, bringing FY22 repurchases to $634 million or 18.8 million shares. Repurchased over 7% of shares outstanding in FY22
ASHBURN, Va., May 25, 2022 /PRNewswire/ - DXC Technology (NYSE: DXC) today reported results for the fourth quarter and full fiscal year 2022.
"I would like to thank our DXC colleagues across the organization for coming together to deliver excellence for our customers and colleagues in the midst of the challenges raised by the ongoing conflict in Ukraine," said Mike Salvino, DXC President and Chief Executive Officer. "Our transformation journey starts with our people, and we are honored by the commitment, dedication, and caring we have seen from our people in the region and throughout the company over the past few months."
Mr. Salvino continued, "DXC is now in a dramatically better place and I am pleased with the ongoing business momentum that DXC has achieved in FY22. We significantly improved our organic revenue performance, expanded margins, drove strong Adjusted EPS growth, and improved free cash flow by $1.4 billion as compared to FY21. I am excited about FY23 and the clarity that our leadership team has as to what we need to execute within GBS and GIS in order to meet our long-term targets."
Financial Highlights - Fourth Quarter of Fiscal Year 2022
Revenue was $4.01 billion for the fourth quarter of fiscal year 2022, down 8.6% as compared to prior year period, and down 2.8% on an organic basis. Fourth quarter revenues came in below the previous guidance range, as the strengthening of the U.S. dollar reduced fourth quarter fiscal year 2022 revenues by $52 million as compared to the currency rates used in our prior earnings guidance. Management estimates that Russia's invasion of Ukraine, exiting our Russian business, and the associated distraction accounted for the majority of the organic revenue miss to guidance.
Net income was $539 million, or 13.4% of sales for the fourth quarter of fiscal year 2022, compared to $(804) million, or (18.3)% of sales, in the prior year quarter. EBIT was $828 million or 20.7% of sales. Net income and EBIT in the quarter included the following items: amortization of acquired intangible assets of $109 million, restructuring costs of $70 million, mark-to-market pension gain of $691 million, loss on disposition of $2 million, asset impairment loss of $21 million, and transaction, separation, and integration costs of $3 million. Excluding these items, Adjusted EBIT margin was 8.5% in the fourth quarter, an improvement of 100 bps as compared to the prior year quarter. Fourth quarter adjusted EBIT margin was reduced by $16 million of expenses, or 40 basis points, related to Russia's invasion of Ukraine.
Diluted earnings per share was $2.14 and Non-GAAP diluted earnings per share was $0.84 for the fourth quarter of fiscal year 2022, driven by the improvement in margins, lower interest expense, and lower shares outstanding. Non-GAAP earnings per share fell below the Company's previous guidance range due to $0.04 per share of incremental costs related to Russia's invasion of Ukraine, $0.07 of headwinds related to higher than expected tax expense due to the write down of a deferred tax asset, and an incremental $0.06 in higher European energy costs that we were not able to pass on to customers.
Book-to-bill for the quarter was 1.20x. Over the trailing four quarters, the company delivered a book to bill of 1.11x.
During the fourth quarter, the Company repurchased 8.2 million shares of common stock for a total of $271 million. For the full fiscal year 2022, the company repurchased 18.8 million shares for a total of $634 million.
Ukraine / Russia Update
Subsequent to the end of the quarter, DXC exited its domestic Russian business. This action achieves a significant portion of our commitment to exit Russia. The sale of this business has provided continuing employment opportunities for many former DXC employees who have chosen to stay in Russia. The exit of this market will reduce revenues by approximately $140 million annually. The company is transitioning global business previously serviced by our DXC Russian colleagues to international teams and expects to complete this process by the end of the second quarter.
DXC's Ukraine business supported approximately $250 million of revenue, predominantly serving international customers. Despite the ongoing conflict, these revenues have only seen a minor impact stemming from the conflict. Our global teams have worked to augment their Ukrainian colleagues, and to continue to deliver for our customers through the conflict.
During the fourth quarter, DXC spent approximately $16 million related to Russia's invasion of Ukraine.
Financial Information by Segment
GBS segment revenue was $1,892 million in the fourth quarter of fiscal year 2022, down 5.4% compared to prior year period and up 3.4% on an organic basis. The GBS performance was driven by strong growth in the Analytics & Engineering business, where revenue increased 19.7% on an organic basis. GBS segment profit was $275 million and segment profit margin was 14.5%, down 130 bps compared to prior year, primarily due to expenses related to Russia's invasion of Ukraine. GBS bookings for the quarter were $2.8 billion for a book-to-bill of 1.46x.
GIS segment revenue was $2,116 million in the fourth quarter of fiscal year 2022, down 11.3% compared to prior year period, and down 8.0% on an organic basis. GIS segment performance was driven by improving Cloud and Security revenues, which declined by 6.9% on an organic basis, offset by lower resale revenues in Modern Workplace. GIS segment profit was $124 million with a segment profit margin of 5.9%, a 180 bps margin expansion as compared to fourth quarter of fiscal year 2021. GIS bookings were $2.0 billion in the quarter for a book-to-bill of 0.96x.
Enterprise Technology Stack Highlights
The components of the Enterprise Technology Stack are as follows:
Cash Flow
Cash flow from (used in) operations was $271 million in the fourth quarter of fiscal year 2022, as compared to $(280) million in the fourth quarter of fiscal year 2021, and capital expenditures were $178 million in the fourth quarter of fiscal year 2022, as compared to $163 million in the fourth quarter of fiscal year 2021. Free cash flow (cash flow from operations, less capital expenditures) was $93 million in the fourth quarter of fiscal year 2022, as compared to $(443) million in the fourth quarter of fiscal year 2021.
Guidance
The Company's guidance for the first quarter and full fiscal year 2023 is as follows:
*Pension benefit is split between Cost Of Sales (COS) & Other Income:
Fiscal year 2023: $80 million service cost in COS, $280 million pension benefit in Other income
Fiscal year 2022: $88 million service cost in COS, $386 million pension benefit in Other income
The Company reaffirmed its longer-term guidance:
- Positive organic revenue growth of 1% to 3% for fiscal year 2024
- Adjusted EBIT margin of 10% to 11% in fiscal year 2024
- Non-GAAP diluted Earnings Per Share of $5.00 to $5.25 in fiscal year 2024
- Free cash flow of approximately $1.5 billion in fiscal year 2024
- Restructuring and TSI of approximately $100 million in fiscal year 2024
DXC does not provide a reconciliation of Non-GAAP measures that it discusses as part of its guidance because certain significant information required for such reconciliation is not available without unreasonable efforts or at all, including, most notably, the impact of significant non-recurring items. Without this information, DXC does not believe that a reconciliation would be meaningful.
Ken Sharp, Chief Financial Officer, commented: "In FY22, we made excellent progress in building our financial foundation. We significantly lowered our debt and related interest expense, substantially reduced restructuring, transaction, separation and integration expenses, and lowered capital expenditures, capital lease originations and our facility footprint. These initiatives, and the ongoing strong business execution of our DXC colleagues, allowed us to deliver a $1.4 billion improvement in free cash flow over FY21. We continue to execute on our capital deployment program, repurchasing 18.8 million shares during the year, and expect to complete our $1 billion repurchase commitment over the next three quarters. We look forward to the opportunities presented by FY23 and expect to continue our steady progress on the transformation journey."
Earnings Conference Call and Webcast
DXC Technology senior management will host a conference call and webcast to discuss these results on May 25, 2022, at 5:00 p.m. EDT. The dial-in number for domestic callers is +1 (888) 330-2455. Callers who reside outside of the United States should dial +1 (240) 789-2717. The passcode for all participants is 4164760. The webcast audio and any presentation slides will be available on DXC Technology's Investor Relations website.
A replay of the conference call will be available from approximately two hours after the conclusion of the call until June 1, 2022. Phone number for the replay is +1 (800) 770-2030 or +1 (647) 362-9199. The replay passcode is 4164760.
About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their mission critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services across the Enterprise Technology Stack to drive new levels of performance, competitiveness, and customer experience. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.
Forward-Looking Statements
All statements in this press release that do not directly and exclusively relate to historical facts constitute "forward-looking statements." Forward-looking statements often include words such as "anticipates," "believes," "estimates," "expects," "forecast," "goal," "intends," "objective," "plans," "projects," "strategy," "target," and "will" and words and terms of similar substance in discussions of future operating or financial performance. Forward-looking statements include, among other things, statements with respect to our future financial condition, results of operations, cash flows, business strategies, operating efficiencies or synergies, divestitures, competitive position, growth opportunities, share repurchases, dividend payments, plans and objectives of management and other matters.
These statements represent current expectations and beliefs, and no assurance can be given that the results described in such statements will be achieved. Such statements are subject to numerous assumptions, risks, uncertainties and other factors that could cause actual results to differ materially from those described in such statements, many of which are outside of our control. Furthermore, many of these risks and uncertainties are currently amplified by and may continue to be amplified by or may, in the future, be amplified by, the ongoing coronavirus disease 2019 ("COVID-19") pandemic and the impact of varying private and governmental responses that affect our customers, employees, vendors and the economies and communities where they operate. Important factors that could cause actual results to differ materially from those described in forward-looking statements include, but are not limited to: the uncertainty of the magnitude, duration, geographic reach of the COVID-19 crisis, its impact on the global economy and the impact of current and potential travel restrictions, stay-at-home orders, vaccine mandates and economic restrictions implemented to address the crisis; our inability to succeed in our strategic objectives; the risk of liability or damage to our reputation resulting from security incidents, including breaches, and cyber-attacks to our systems and networks and those of our business partners, insider threats, disclosure of sensitive data or failure to comply with data protection laws and regulations in a rapidly evolving regulatory environment, in each case, whether deliberate or accidental; our inability to develop and expand our service offerings to address emerging business demands and technological trends, including our inability to sell differentiated services up the Enterprise Technology Stack; our inability to compete in certain markets and expand our capacity in certain offshore locations and risks associated with such offshore locations such as Russia's recent invasion of Ukraine and our exit from the Russian market; failure to maintain our credit rating and ability to manage working capital, refinance and raise additional capital for future needs; our indebtedness; the competitive pressures faced by our business; our inability to accurately estimate the cost of services, and the completion timeline of contracts; execution risks by us and our suppliers, customers, and partners; the risks associated with natural disasters; our inability to retain and hire key personnel and maintain relationships with key partners; the risks associated with prolonged periods of inflation; the risks associated with our international operations, such as risks related to currency exchange rates and Brexit; our inability to comply with governmental regulations or the adoption of new laws or regulations, including social and environmental responsibility regulations, policies and provisions; our inability to achieve the expected benefits of our restructuring plans; inadvertent infringement of third-party intellectual property rights or our inability to protect our own intellectual property assets; our inability to procure third-party licenses required for the operation of our products and service offerings; risks associated with disruption of our supply chain; our inability to maintain effective internal control over financial reporting; potential losses due to asset impairment charges; our inability to pay dividends or repurchase shares of our common stock; pending investigations, claims and disputes and any adverse impact on our profitability and liquidity; disruptions in the credit markets, including disruptions that reduce our customers' access to credit and increase the costs to our customers of obtaining credit; our failure to bid on projects effectively; financial difficulties of our customers and our inability to collect receivables; our inability to maintain and grow our customer relationships over time and to comply with customer contracts or government contracting regulations or requirements; our inability to succeed in our strategic transactions; changes in tax laws and any adverse impact on our effective tax rate; risks following the merger of Computer Sciences Corporation and Enterprise Services business of Hewlett Packard Enterprise Company's businesses, including anticipated tax treatment, unforeseen liabilities and future capital expenditures; and risks following the spin-off of our former U.S. Public Sector business and its related mergers with Vencore Holding Corp. and KeyPoint Government Solutions in June 2018 to form Perspecta Inc., which was acquired by Peraton in May 2021. For a written description of these factors, see the section titled "Risk Factors" in DXC's Annual Report on Form 10-K for the fiscal year ended March 31, 2021, and any updating information in subsequent SEC filings, including DXC's upcoming Annual Report on Form 10-K for the quarterly period ended March 31, 2022.
No assurance can be given that any goal or plan set forth in any forward-looking statement can or will be achieved, and readers are cautioned not to place undue reliance on such statements which speak only as of the date they are made. We do not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events except as required by law.
About Non-GAAP Measures
In an effort to provide investors with supplemental financial information, in addition to the preliminary and unaudited financial information presented on a GAAP basis, we have also disclosed in this press release preliminary Non-GAAP information including: earnings before interest and taxes ("EBIT"), EBIT margin, Adjusted EBIT, Adjusted EBIT margin, Non-GAAP diluted EPS, organic revenues, organic revenue growth, and free cash flow.
We believe EBIT, EBIT margin, Adjusted EBIT, Adjusted EBIT margin, and Non-GAAP diluted EPS provide investors with useful supplemental information about our operating performance after excluding certain categories of expenses. Free cash flow represents cash flow from operations, less capital expenditures.
One category of expenses excluded from Adjusted EBIT, Adjusted EBIT margin, and Non-GAAP diluted EPS, incremental amortization of intangible assets acquired through business combinations, may result in a significant difference in period over period amortization expense on a GAAP basis. We exclude amortization of certain acquired intangible assets as these non-cash amounts are inconsistent in amount and frequency and are significantly impacted by the timing and/or size of acquisitions. Although DXC management excludes amortization of acquired intangible assets primarily customer-related intangible assets, from its Non-GAAP expenses, we believe that it is important for investors to understand that such intangible assets were recorded as part of purchase accounting and support revenue generation. Any future transactions may result in a change to the acquired intangible asset balances and associated amortization expense.
Another category of expenses excluded from Adjusted EBIT, Adjusted EBIT margin, and Non-GAAP diluted EPS, impairment losses, may result in a significant difference in period over period expense on a GAAP basis. We exclude impairment losses as these non-cash amounts, reflect generally an acceleration of what would be multiple periods of expense and do not expect to occur frequently. Further assets such as goodwill may be significantly impacted by market conditions outside of management's control.
We believe organic revenue growth provides investors with useful supplemental information about our revenues after excluding the effect of currency exchange rate fluctuations for currencies other than U.S. dollars and the effects of acquisitions and divestitures in the periods presented. See below for a description of the methodology we use to present organic revenues.
Selected references are made to revenue growth on an "organic basis" so that certain financial results can be viewed without the impact of fluctuations in foreign currency rates and without the impacts of acquisitions and divestitures from "organic basis" financial results, thereby providing comparisons of operating performance from period to period of the business that we have owned during all periods presented. Organic revenue growth is calculated by dividing the year-over-year change in GAAP revenues attributed to organic growth by the GAAP revenues reported in the prior comparable period. This approach is used for all results where the functional currency is not the U.S. dollar.
There are limitations to the use of the Non-GAAP financial measures presented in this press release. One of the limitations is that they do not reflect complete financial results. We compensate for this limitation by providing a reconciliation between our Non-GAAP financial measures and the respective most directly comparable financial measure calculated and presented in accordance with GAAP. Additionally, other companies, including companies in our industry, may calculate Non-GAAP financial measures differently than we do, limiting the usefulness of those measures for comparative purposes between companies.
Condensed Consolidated Statements of Operations
(preliminary and unaudited)
Selected Consolidated Balance Sheet Data
(preliminary and unaudited)
Condensed Consolidated Statements of Cash Flows
(preliminary and unaudited)
Segment Profit
We define segment profit as segment revenues less costs of services, segment selling, general and administrative, depreciation and amortization, and other income (excluding the movement in foreign currency exchange rates on our foreign currency denominated assets and liabilities and the related economic hedges). The Company does not allocate to its segments certain operating expenses managed at the corporate level. These unallocated costs include certain corporate function costs, stock-based compensation expense, pension and other post-retirement benefits ("OPEB") actuarial and settlement gains and losses, restructuring costs, transaction, separation and integration-related costs, and amortization of acquired intangible assets.
Reconciliation of Non-GAAP Financial Measures
Our Non-GAAP adjustments include:
- Restructuring costs – includes costs, net of reversals, related to workforce and real estate optimization and other similar charges.
- Transaction, separation and integration-related ("TSI") costs – includes costs related to integration, planning, financing and advisory fees and other similar charges associated with mergers, acquisitions, strategic investments, joint ventures, and dispositions and other similar transactions.(1)
- Amortization of acquired intangible assets – includes amortization of intangible assets acquired through business combinations.
- Gains and losses on dispositions – gains and losses related to dispositions of businesses, strategic assets and interests in less than wholly-owned entities.(2)
- Impairment losses – impairment losses on assets classified as long-term on the balance sheet.(3)
- Debt extinguishment costs – costs associated with early retirement, redemption, repayment or repurchase of debt and debt-like items including any breakage, make-whole premium, prepayment penalty or similar costs as well as solicitation and other legal and advisory expenses.(4)
- Pension and OPEB actuarial and settlement gains and losses – pension and OPEB actuarial mark to market adjustments and settlement gains and losses.
- Tax adjustments – reflects discrete tax adjustments to impair or recognize certain deferred tax assets and adjustments for changes in tax legislation. Income tax expense of merger and divestitures is separately computed based on the underlying transaction. Income tax expense of all other (non-discrete) non-GAAP adjustments is computed by applying the jurisdictional tax rate to the pre-tax adjustments on a jurisdictional basis.(5)
- TSI-Related Costs for all periods presented include fees and other internal and external expenses associated with legal, accounting, consulting, due diligence, investment banking advisory, and other services, as well as financing fees, retention incentives, and resolution of transaction related claims in connection with, or resulting from, exploring or executing potential acquisitions, dispositions and strategic investments, whether or not announced or consummated.
The TSI-Related Costs for the fourth quarter of fiscal 2022 include $1 million of costs to execute HHS and HPS dispositions and $2 million of costs incurred in connection with activities related to other acquisitions and divestitures.
The TSI-Related costs for fiscal 2022 include $14 million of costs to execute dispositions (including $2 million for the sale of HHS which closed in October 2020 and $12 million for the sale of HPS which closed on April 1, 2021); $2 million legal costs and a ($12 million) credit towards Perspecta Arbitration settlement; $5 million in expenses related to integration projects resulting from the CSC – HPE ES merger (including costs associated with continuing efforts to separate certain IT systems) and $17 million of costs incurred in connection with activities related to other acquisitions and divestitures.
The TSI-Related Costs for the fourth quarter of fiscal 2021 include $25 million of costs to execute dispositions (including $2 million for the sale of HHS which closed in October 2020 and $24 million for the sale of HPS which closed on April 1, 2021); $17 million in expenses related to integration projects resulting from the CSC – HPE ES merger (including costs associated with continuing efforts to separate certain IT systems) and $9 million of costs incurred in connection with activities related to other acquisitions and divestitures.
The TSI-Related costs for fiscal 2021 include $250 million of costs to execute dispositions (including $142 million for the sale of HHS which closed in October 2020 and $61 million for the sale of HPS which closed on April 1, 2021); $42 million in expenses related to integration projects resulting from the CSC – HPES merger (including costs associated with continuing efforts to separate certain IT systems) and $66 million of costs incurred in connection with activities related to other acquisitions and divestitures. - Gains and losses on dispositions for the fourth quarter fiscal 2022 includes $(6) million of adjustments relating to the sale of the HPS business and a $4 million gain on insignificant businesses.
Gains and losses on dispositions for fiscal 2022 include a $331 million gain on sale of the HPS business, gains of $23 million on other dispositions and loss of $13 million on adjustments relating to the sale of the HHS business.
Gains and losses on dispositions for the fourth quarter fiscal 2021 includes $27 million of adjustments relating to the sale of the HHS business and a $15 million loss on equity securities without readily determinable fair value, which were adjusted to fair value following receipt of a bona fide offer to purchase.
Gains and losses on dispositions for fiscal 2021 includes a $2,014 million gain on sale of the HHS business, a gain of $5 million on sales of other insignificant businesses, and a $15 million loss on equity securities without readily determinable fair value, which were adjusted to fair value following receipt of a bona fide offer to purchase. - Impairment losses for the fourth quarter of fiscal 2022 of $21 million relate to the impairment of loan receivable and stock warrants associated with a strategic investment.
Impairment losses for fiscal 2022 includes a $10 million impairment charge of capitalized TSI related property and equipment and a $21 million impairment charge of loan receivable and stock warrants associated with a strategic investment.
Impairment losses for the fourth quarter of fiscal 20221 and for fiscal 2021 were $190 million. This includes $165 million impairment for assets pre-purchased through preferred vendor agreements and determined un-deployable, $12 million partial impairment of acquired software, $7 million partial impairment of internally developed software intended for internal use and external sale, and $6 million of capitalized transition and transformation contract costs. - Debt extinguishment costs adjustments for fiscal 2022 includes $18 million to fully redeem two series of our 4.45% senior notes due fiscal 2023, $7 million associated with asset financing, $1 million to fully redeem our Euro-denominated term loan facility, $41 million to fully redeem our 4.25% senior notes due fiscal 2025, $26 million to fully redeem our 2.75% senior notes due fiscal 2025, $58 million to fully redeem our 4.125% senior notes due fiscal 2026, $87 million to fully redeem our 4.750% senior notes due fiscal 2028, $71 million to fully redeem our 7.45% senior notes due fiscal 2030, and $2 million related to the decrease in our revolving credit facility limit.
Debt extinguishment costs adjustments for the fourth quarter of fiscal 2021 and for fiscal 2021 includes $34 million to fully redeem our 4.00% senior notes due fiscal 2024 and $7 million to partially redeem two series of our 4.45% senior notes due fiscal 2023 via tender offer. - Tax adjustment for the fourth quarter of fiscal 2022 includes $32 million for the net revaluation of deferred taxes resulting from changes in non-US jurisdiction tax rates, and $(7) million of adjustment to the transition tax.
Tax adjustment for fiscal 2022 includes $50 million for the net revaluation of deferred taxes resulting from changes in non-US jurisdiction tax rates, and $(7) million of adjustment to the transition tax.
Tax adjustment for fiscal 2021 includes $175 million for the impairment of the German deferred tax asset via a valuation allowance, $9 million for tax expense relating to the U.S. Public Sector business ("USPS") spin-off, offset by $35 million tax benefit related to the held for sale classification of the Healthcare Provider Software business, and $7 million tax benefit related to prior restructuring charges. The German tax asset was created from multiple periods of losses in Germany that, if not for certain non-GAAP adjustments of restructurings, pension mark to market loss, and impairments, would not have required the asset to be impaired and a valuation allowance established.
Non-GAAP Results
A reconciliation of reported results to Non-GAAP results is as follows:
The above tables serve to reconcile the Non-GAAP financial measures to the most directly comparable GAAP measures. Please refer to the "About Non-GAAP Measures" section of the press release for further information on the use of these Non-GAAP measures.
Year-over-Year Organic Revenue Growth
EBIT and Adjusted EBIT
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| 2022-05-25T21:08:55Z
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ARLINGTON, Mass., July 28, 2022 /PRNewswire/ -- Leader Bank is proud to announce that it has been named an honoree in the 2022 Boston Business Journal Corporate Citizenship Awards with more than $250,000 donated to Massachusetts charities, non-profits, local municipalities, and community groups in 2021.
This marks the sixth year in a row Leader Bank has been recognized by the publication as one of the Commonwealth's top charitable contributors for donations made by the Bank directly as well as through the Leader Bank Charitable Foundation. The Bank will be honored for the recognition at an award ceremony in September.
"Leader Bank is proud to have been recognized by the Boston Business Journal as one of the most charitable companies in the Commonwealth," said Sushil Tuli, Chairman and CEO of Leader Bank. "Supporting the charitable organizations that serve our communities both financially and through our team members volunteering their time remains an integral part of Leader Bank's mission and values."
The Boston Business Journal Annual Corporate Citizenship Awards showcase companies that promote and prioritize giving back to their communities by donating at least $100,000 to Massachusetts-based charities – a feat that is even more important during times of hardship such as those we continued to experience throughout 2021.
"We are proud to celebrate these organizations who give both money and time to make Boston a stronger and better place for all," said Boston Business Journal Market President and Publisher Carolyn Jones.
Founded in 2002, Leader Bank is a Massachusetts-based entrepreneurial financial institution that approaches banking differently. The core tenets of Leader Bank include world-class client service, exemplary products, and innovation to meet the needs of its clients. At its founding, Leader Bank had $6.5 million in assets – in the two decades since, the Bank has grown into one of the most successful financial institutions in the Commonwealth with $3.7 billion in assets. Leader Bank's team members have been at the forefront of supporting the Bank's rapid growth and client-oriented solutions over the last two decades as the Bank has expanded its commercial and retail products and solutions. Leader Bank is a committed corporate citizen and prides itself on partnering with and supporting philanthropic organizations. More information on Leader Bank can be found at www.LeaderBank.com.
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https://www.mysuncoast.com/prnewswire/2022/07/28/leader-bank-named-among-most-charitable-companies-massachusetts/
| 2022-07-28T15:45:35Z
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Teenager in custody for robbing off-duty officer in New Orleans, police say
NEW ORLEANS (WVUE/Gray News) - A 16-year-old boy is in custody after robbing an off-duty New Orleans police officer early Monday in French Quarter, according to authorities.
Police did not identify the juvenile suspect, or the off-duty officer he allegedly robbed on the 700 block of St. Louis Street around 2:56 a.m.
WVUE reports the off-duty police officer was riding a bicycle on St. Louis Street between Royal and Bourbon streets, when the teen “approached and demanded the victim’s bike.” Police said the officer “did not comply,” which led to a struggle between the officer and suspect.
The teen managed to rob the 23-year-old police officer of unspecified “property” before fleeing the scene, but later was found and taken into custody, according to the department.
The 16-year-old was booked into the Juvenile Justice Intervention Center on allegations of second-degree battery and simple robbery.
The NOPD did not disclose injuries sustained by the officer, nor say when or where the suspect was apprehended.
Anyone with information on the incident is asked to contact NOPD Eighth District detectives at (504) 658-6080 or Crimestoppers at (504) 822-1111.
Copyright 2022 WVUE via Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/08/08/teenager-custody-robbing-off-duty-officer-new-orleans-police-say/
| 2022-08-08T22:57:13Z
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KOHLER, Wis., July 7, 2022 /PRNewswire/ -- Kohler, a global leader in the design and manufacture of kitchen and bath products, launches Tone, a bathroom faucet collection rooted in clean, transitional form, stunning finish combinations, and industry-leading functionality.
Crafted from premium metal for unrivaled durability and resistance to corrosion and tarnishing, the Tone Bathroom Collection delivers dynamic beauty with a fresh take on mid-century modern style. With clean lines and a soft teardrop shape, the Tone collection brings an unmistakable warmth to minimalism. The unique two-tone finish option breaks through the expected and adds bold confidence to any transitional bathroom.
Like its corresponding kitchen collection, Tone encourages expressions of individuality with faucets offered in different sizes and configurations. The Tone Bathroom Collection consists of five faucet options, shower and bath faucets, including a free-standing bath filler, and accessories for a coordinated look. The collection is offered in six different finishes options: Polished Chrome, Brushed Nickel, Brushed Moderne Brass, Matte Black, and two-toned options, Matte Black/Polished Chrome and Matte Black/Brushed Moderne Brass. For a cohesive look, match Tone faucets to the complementary line of bathroom accessories including Kohler Lighting.
To learn more about the Tone Bathroom Collection please visit kohler.com.
Founded in 1873 and headquartered in Kohler, Wisconsin, Kohler Co. is one of America's oldest and largest privately held companies comprised of more than 40,000 associates. With more than 50 manufacturing locations worldwide, Kohler is a global leader in the design, innovation and manufacture of kitchen and bath products; luxury cabinetry, tile and lighting; engines, generators, and clean energy solutions; and owner/operator of two, five-star hospitality and golf resort destinations in Kohler, Wisconsin, and St. Andrews, Scotland. Kohler's Whistling Straits golf course recently hosted the 43rd Ryder Cup. The company also develops solutions to address pressing issues, such as clean water and sanitation, for underserved communities around the world to enhance the quality of life for current and future generations. For more details, please visit kohlercompany.com.
Media Contact
Jillian Rosone, Kohler Public Relations
Jillian.rosone@kohler.com
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| 2022-07-07T17:10:40Z
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Shooting victim dropped off at hospital; Topeka Police investigating
Published: Jun. 15, 2022 at 7:58 PM CDT|Updated: 59 minutes ago
TOPEKA, Kan. (WIBW) - Topeka Police are investigating a shooting incident.
TPD watch commander Lt. Mike Hren said a man was dropped off at the hospital just after 7:30 p.m. Wednesday. The man had a gunshot wound to his foot.
It’s believed the man was injured in the 3300 block of SE Girard. Hren said officers were just arriving on the scene to investigate circumstances surrounding how the man was injured.
This is a developing story. 13 NEWS will post updated information as it becomes available.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/06/16/shooting-victim-dropped-off-hospital-topeka-police-investigating/
| 2022-06-16T01:58:56Z
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New Asset Management Firms – Astor Investment Management, Kayne Anderson Capital Advisors, L.P. and Winslow Capital – Further Expand SMArtX's Turnkey Asset Management Platform (TAMP).
WEST PALM BEACH, Fla., Sept. 7, 2022 /PRNewswire/ -- SMArtX Advisory Solutions ("SMArtX"), a leading innovator in unified managed accounts (UMA) technology and architect of the SMArtX turnkey asset management platform ('TAMP'), announced the addition of seven new investment strategies to its platform. The SMArtX platform now supports 1,102 model-traded and manager-traded separate account strategies from 271 of the world's leading asset managers.
Three new asset management firms — Astor Investment Management, Kayne Anderson Capital Advisors, L.P,, and Winslow Capital — have been added to SMArtX's platform, giving advisors additional strategies to build and offer custom portfolios at scale. These new offerings are distributed and traded by SMArtX across seven custodial platforms through its award-winning cloud-based solution.
"SMArtX is excited to welcome these new names and strategies to the platform," said Evan Rapoport, CEO of SMArtX Advisory Solutions. "Quality over quantity has been the driving force of the SMArtX Turnkey Asset Management Platform (TAMP) since its inception. The quality of managers joining SMArtX is an enduring testament to the importance of diversified distributions and the ease of model delivery directly to advisors' brokerage accounts."
Cypress Capital Partners and Eulav Asset Management, two existing firms on the SMArtX platform, now offer investors access to more strategies. The new strategies across all five firms encompass model delivery exposures to equity, fixed income, and infrastructure strategies.
The complete list of new strategies includes:
- Astor Investment Management
- Cypress Capital
- Eulav Asset Management
- Kayne Anderson Capital Advisors, L.P.
- Winslow Capital
SMArtX's continued growth is driven by two main applications of its technology: the off-the-shelf TAMP offering, which is built using SMArtX Advisory Solutions' proprietary UMA technology, and the ability to tailor and utilize its UMA technology through cloud-based APIs to meet the mandates of large enterprises, RIA platforms, and hybrid broker-dealers.
Jonathan Pincus, President and COO of SMArtX expanded that "the ongoing development of automation solutions within the managed accounts industry has improved efficiencies, increased integrations across firms, and led to better outcomes for advisors and their clients."
Download a copy of SMArtX's Manager Profiles Brochure for September 2022 to access the current offering of available strategies on the SMArtX Advisory Platform.
SMArtX Advisory Solutions is an award-winning managed accounts technology provider and manages SMArtX, a turnkey asset management platform ('TAMP'). SMArtX's API-first, cloud-native technology operates within a modular, micro-services architecture, providing clients a tailored solution catered to their unique specifications. SMArtX is available as an off-the-shelf TAMP for advisors seeking wider selection of investment product and ease of use, while automating the investment processes and simplifying the everyday tasks of managing client accounts. SMArtX also licenses its proprietary technology to enterprise firms looking to create, customize, or upgrade their existing managed accounts technology as a standalone or fully integrated solution. SMArtX is the managed account technology and TAMP platform of choice for multiple RIAs, broker-dealers, and asset managers. Learn more at www.smartxadvisory.com
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| 2022-09-07T11:56:42Z
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Melissa Lucio’s execution delayed by Texas appeals court
HOUSTON (AP) — A Texas appeals court on Monday delayed the execution of a woman amid growing doubts about whether she fatally beat her 2-year-old daughter in a case that has garnered the support of lawmakers, celebrities and even some of the jurors who sentenced her to death.
The Texas Court of Criminal Appeals granted a request by Melissa Lucio’s lawyers for a stay of execution so a lower court can review her claims that new evidence would exonerate her. It was not immediately known when the lower court would begin reviewing her case.
Lucio had been set for lethal injection on Wednesday for the 2007 death of her daughter Mariah in Harlingen, a city of about 75,000 in Texas’ southern tip.
The execution stay was announced minutes before the Texas Board of Pardons and Paroles had been set to consider her clemency application to either commute her death sentence or grant her a 120-day reprieve.
Lucio’s attorneys say her capital murder conviction was based on an unreliable and coerced confession that was the result of relentless questioning and her long history of sexual, physical and emotional abuse. They say Lucio wasn’t allowed to present evidence questioning the validity of her confession.
Her lawyers also contend that unscientific and false evidence misled jurors into believing Mariah’s injuries only could have been caused by physical abuse and not by medical complications from a severe fall.
Cameron County District Attorney Luis Saenz, whose office prosecuted the case, has said he disagrees with Lucio’s lawyers’ claims that new evidence would exonerate her. Prosecutors say Lucio had a history of drug abuse and at times had lost custody of some of her 14 children.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/04/25/texas-appeals-court-delays-execution-melissa-lucio/
| 2022-04-25T19:31:56Z
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Joyoung celebrates a healthy lifestyle by innovating its world-renowned smart cooking blender.
AUSTIN, Texas, June 27, 2022 /PRNewswire/ -- When Joyoung invented world's first cooking blender 28 years ago, the world is yet to see what drastic changes Joyoung's smart blenders are about to bring. With a touch of a button, that blender can blend, churn, and cook, and almost overnight, the Joyoung smart blender became a cult-favorite: a millennial legend was born. People were in awe when that blender came out, and Joyoung became a necessity for almost every household in Asia.
Fast-tracked to today, the mother ship of some of the most innovative cooking blenders on the market, Joyoung, is bringing the world the Joyoung Y1 cooking blender, a brand new, and much more powerful high-capacity blender that can cook, mix, juice, puree, churn, and so much more. The best part - it self-cleans.
The Smart Touch Screen makes food preparation friendly for the whole family, with easy-to-use functions anyone understands and easily falls in love with. The blender comes with its famous almond milk and oat milk function, and now it can make a fresh cup of almond milk in just 3 minutes. The Y1 cooking blender also has a soup function, and does exactly what millions of consumers have been dreaming of doing - with a touch of a button, a bowl of mouth-watering tomato or pumpkin soup is made. This function makes people's life so easy that it has been trending on TikTok for months and is loved by numerous chefs and food bloggers.
One of the most challenging parts of using a blender is how difficult cleaning can be afterward. With the Y1 cooking blender, the "self-cleaning" mode will automatically start after the drinks have been done, or one can find the function button on the touch screen. Worried about the blender not being cleaned thoroughly? Joyoung's got it. This Y1 cooking blender also comes with a sterilization function, which offers hands-free and high-temperature deep cleaning of the blender, keeping the most hidden nook and corner in the machine germ-free.
The Joyoung Y1 cooking blender is the flagship product in Joyoung's hero product series - The Y series; it was just launched in early 2022, and is currently on sale for $424.99 on Amazon Joyoung Official Store (Retail price: $499.99).
About Joyoung
With 28 years of experience and over 8,000 patented technologies, we have been the unquestionable industry pioneer and proudly expanded and innovated the traditional juicing blender to being used a in variety of scenes in everyday life, from breakfast to dinner, from a full-course meal to desserts. We believe living healthily is a necessity, not a luxury. For decades, we are committed to help bring the joy of exploring cooking to every family across the world. Being a socially responsible brand, we strive to make the world more aware of a healthy and clean lifestyle. Through our constant pursuit of consumer satisfaction, product quality and innovation, we keep creating kitchen and home appliances that make us and all our customers proud.
Follow us on Instagram, TikTok, YouTube, Facebook, Pinterest, Twitter.
About JS Global:
JS Global Lifestyle Company Limited (1691.HK) is a world leading producer of small household appliances. As of Dec 31st, 2021, JS Global ranked number 3 among the small household appliance focused companies**. It primarily operates three major brands: Shark, Ninja and Joyoung. The Company's success is centered around its deep understanding of consumer needs, and is built on its strong product innovation and design capability powered by a global research and development platform, marketing strengths driving high brand engagement, and an omni-channel distribution coverage with high penetration.
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| 2022-06-27T17:39:32Z
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Indiana man accused of dismembering girlfriend’s body
FOWLER, Ind. (AP) - A western Indiana man allegedly dismembered his girlfriend’s body and put her remains in trash bags after she died earlier this month, authorities said.
Edward A. Bagwell, 60, is charged with abuse of a corpse and failure to report human remains. He’s being held at the county jail in lieu of $300,000 bond.
GRAPHIC WARNING: Story contains details that some may find disturbing.
After Bagwell’s girlfriend, Rita Spigner, died in early July he allegedly cut off her legs and stuffed her torso in one trash bag and her legs in another, according to a probable cause affidavit filed by prosecutors, the (Lafayette) Journal & Courier reported.
Benton County deputies arrived at Bagwell’s home in Ambia, a small Benton County town just east of the Illinois border, on July 3 and found Spigner’s bagged remains.
Bagwell told Indiana State Police detectives that after he and Spigner smoked methamphetamines she began acting erratically and scratching at his leg, the affidavit states.
He said he slapped Spigner in the head to get her to stop, but she fell and began convulsing and he later found her dead, court records state.
Bagwell told officers he used his electric chain saw to cut off Spigner’s legs and placed them in one trash bag, and Spigner’s torso in another, according to the affidavit.
An autopsy showed that Spigner died from heart troubles.
Online court records do not list an attorney for Bagwell who could speak on his behalf.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/07/13/indiana-man-accused-dismembering-girlfriends-body/
| 2022-07-13T04:54:28Z
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New York City will launch an ad campaign in Florida denouncing a new law that opponents have dubbed the "Don't Say Gay" law.
To "celebrate the diversity and acceptance of New York City," Mayor Eric Adams announced Monday the campaign will feature both billboards and creative ads in five major Florida cities: Orlando, Tampa, Jacksonville, West Palm Beach and Ft. Lauderdale.
This comes after Florida Gov. Ron DeSantis signed the "Parental Rights in Education" bill into law last week.
What opponents are calling the "Don't Say Gay" law has gotten the attention of other states across the country. New York City's campaign is part of a greater opposition to Florida's new law.
"This political showmanship of attempting to demonize a particular group or community is unacceptable. And we are going to loudly show our support and say to those who are living in Florida -- 'listen, we want you here in New York. We want you right here in New York City,'" Adams said.
The "Parental Rights in Education bill" (HB 1557) says "classroom instruction by school personnel or third parties on sexual orientation or gender identity may not occur in kindergarten through grade 3 or in a manner that is not age-appropriate or developmentally appropriate for students in accordance with state standards."
The New York City ad campaign is intended to show support for the LGBTQ community in Florida in response to the "state-sponsored discrimination," Adams said.
"We will continue to stand fast and be supportive of this community that has contributed to the diversity of our city, and we believe that this is the city that will always allow that diversity to take place," the mayor added.
All advertisements under this campaign have been donated and will be of no cost to New York City taxpayers, he said.
Opponents of Florida's law say it would negatively impact an already marginalized community. They point to data showing that LGBTQ youth reported lower rates of attempting suicide when they had access to LGBTQ-affirming spaces.
Other politicians have criticized the law. Republican Gov. Larry Hogan told CNN's Dana Bash on Sunday that it's "not something that would have happened" in Maryland.
And in corporate America, former Disney CEO Bob Iger told CNN+ host Chris Wallace that executives should voice their opinions about ethical dilemmas.
"A lot of these issues are not necessarily political," Iger told Wallace. "It's about right and wrong. So, I happen to feel and I tweeted an opinion about the 'Don't Say Gay' bill in Florida. To me, it wasn't about politics. It is about what is right and what is wrong, and that just seemed wrong. It seemed potentially harmful to kids."
Iger spoke to Wallace before the law was passed.
In March, dozens of Disney employees in Burbank, California, organized protests opposing the bill after CEO Bob Chapek initially opted not to speak out against it. He later apologized. Large groups of employees gathered in front of the Walt Disney Animation studio, walked out in front of the Walt Disney Company office building and took to social media with the hashtag #DisneyDoBetter.
Students had also voiced their opposition. Gen Z students had organized walk outs across the country in support of the LGBTQ community and LGBTQ students often chanting "We Say Gay." Mass walk outs have occurred since the Florida bill passed in the Senate, before it reached the governor.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.albanyherald.com/news/new-york-city-launches-ad-campaign-denouncing-floridas-dont-say-gay-law/article_a828b8dc-fa5d-58d2-95ae-4bfedcc18cdf.html
| 2022-04-06T00:19:06Z
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17 missing, dozens hurt as fire rages in Cuban oil tank farm
HAVANA (AP) — A fire set off by a lightning strike at an oil storage facility raged uncontrolled Saturday in the city of Matanzas, where four explosions and flames injured nearly 80 people and left 17 firefighters missing, Cuban authorities said.
Firefighters and other specialists were still trying to quell the blaze at the Matanzas Supertanker Base, where the fire began during a thunderstorm Friday night, the Ministry of Energy and Mines tweeted. The governmeht said later that it had asked for help from international experts in “friendly countries” with experience in the oil sector.
The official Cuban News Agency said lightning hit one tank, starting a fire, and the blaze later spread to a second tank. As military helicopters flew overhead dropping water on the blaze, dense column of black smoke billowed from the facility and spread westward more than 100 kilometers (62 miles) toward Havana.
Roberto de la Torre, head of fire operations in Matanzas, said firefighters were spraying water on intact tanks trying to keep them cool in hopes of preventing the fire from spreading.
The Facebook page of the provincial government of Matanzas said the number of injured had reached 77, while 17 people were missing. The Presidency of the Republic said the 17 were “firefighters who were in the nearest area trying to prevent the spread.”
Seven of the injured were taken to Calixto García Hospital in Havana, which has a prominent burn unit.
The accident comes as Cuba struggles with fuel shortages. There was no immediate word on how much oil had burned or was in danger at the storage facility, which has eight giant tanks that hold oil used to fuel electricity generating plants.
“I was in the gym when I felt the first explosion. A column of smoke and terrible fire rose through the skies,” resident Adiel Gonzalez told The Associated Press by phone. “The city has a strong smell of sulfur.”
Authorities said about 800 people were evacuated from the Dubrocq neighborhood closest to the fire, while Gonzalez added that some people decided to leave the Versailles district, which is a little farther from the tank farm.
Many ambulances, police and fire engines were seen in the streets of Matanzas, a city with about 140,000 inhabitants that is on Matnzas Bay.
Cuban President Miguel Diaz-Canel traveled to the area of the fire early Saturday, officials said.
Local meteorologist Elier Pila showed satellite images of the area with a dense plume of black smoke moving from the point of the fire westward and reaching east to Havana.
“That plume can be close to 150 kilometers long,” Pila wrote on his Twitter account.
___
Andrea Rodríguez on Twitter: www.twitter.com/ARodriguezAP
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/08/06/17-missing-dozens-hurt-fire-rages-cuban-oil-tank-farm/
| 2022-08-06T20:10:30Z
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4 takeaways from the Nebraska and West Virginia primaries
By Gregory Krieg, Jeff Zeleny and Dan Merica, CNN
Former President Donald Trump suffered his first big loss of 2022 in Nebraska on Tuesday night, when his chosen candidate for governor in the Republican primary lost to the state party’s choice.
Trump fared better in West Virginia, where his pick in a hotly contested GOP House primary cruised to victory in a battle of Republican incumbents — one backed by the former President, the other endorsed by the state’s GOP governor and Democratic Sen. Joe Manchin — drawn against each other by the state’s congressional mapmakers.
In all, it was a split decision for Trump. And though his hold on the Republican Party remains strong, the results in Nebraska show it is not complete — especially when he endorses a candidate like wealthy businessman Charles Herbster, who is facing multiple allegations of sexual misconduct (all of which he has denied).
The clear winner in Nebraska, though, was the state’s Republican establishment.
University of Nebraska Board of Regents member Jim Pillen, CNN’s projected winner in the primary, was endorsed by term-limited Gov. Pete Ricketts, and incumbent GOP Rep. Don Bacon, who had taken some flak from Trump, also won renomination. Former Rep. Jeff Fortenberry, a Republican who resigned earlier this year after being convicted of a federal crime but remained on the ballot, was blown out by a Ricketts-backed candidate.
Here are four takeaways from Tuesday night’s primaries — and a look ahead to more stress tests for Trump in the coming week.
Trump’s winning run stalls in Nebraska
Trump’s midterm election streak ended Tuesday night in Nebraska.
A week after the former President swept into the state and spoke for two hours at a rally for Herbster in the Republican governor’s primary, a wide majority of voters rejected his advice and instead chose Pillen, the contender backed by the GOP establishment.
Trump has presided over an era where all politics is increasingly nationalized, but an age-old adage prevailed in the fiercely competitive gubernatorial primary: All politics is still local.
In one of the most expensive and vicious political campaigns in recent Nebraska memory, it was the endorsement from Ricketts that mattered most. Ricketts not only supported Pillen and guided his campaign from the start, he also invested millions of his own money to defeat Herbster.
Trump implored voters to ignore sexual misconduct allegations against Herbster, saying the claims from eight women were “malicious.” At a rally on May 1, Trump declared, “He’s been badly maligned and it’s a shame. That’s why I came out here.”
In the end, the former President’s words of support and his visit to Nebraska did not save Herbster, a wealthy agribusinessman with close ties to the Trump family. He fell short to Pillen, but appeared to receive more votes than an alternative Republican candidate, state Sen. Brett Lindstrom.
For Trump, it was not his only failure of the night.
Nebraska GOP gets the matchups it wants in House races
Rep. Don Bacon, a Republican who drew the former President’s ire for supporting the bipartisan infrastructure plan, easily won his primary on Tuesday night, despite Trump’s calls to defeat him.
Bacon had been mildly critical of the former President over the January 6, 2021, riot at the US Capitol and voted for Biden’s bipartisan infrastructure legislation. Trump, at his speech in Nebraska earlier this month, called Bacon a “bad guy” and shouted out his challenger, businessman Steve Kuehl.
“Good luck, Steve,” Trump said, “whoever the hell you are.”
In the end, even those kind words weren’t enough. Trump did not endorse in the race and Bacon now has a November date with CNN’s projected winner in the Democratic primary, state Sen. Tony Vargas. Highly regarded in Democratic circles, Vargas is expected to lodge a legitimate challenge to Bacon in a district, centered in Omaha, that Biden won in the 2020 presidential election.
While Trump carried Nebraska with 58% of the vote in 2020 — and would almost certainly win again if he decides to run for President in 2024 — the outcome of the state’s primary showed the limits of the power of his endorsements. And even bigger tests for Trump are still to come this month in Pennsylvania, North Carolina, Georgia and beyond.
Meanwhile, the political fate of former Rep. Jeff Fortenberry, who resigned in late March after being convicted of lying to the FBI, was sealed by Republican primary voters in the state’s 1st Congressional District.
Fortenberry didn’t mount a campaign, but Trump publicly defended him and his name was locked into the ballot — and, should he have won, would have set off a complicated process for the GOP in a reliably red district. In the end, though, state Sen. Mike Flood, endorsed by both current Gov. Pete Ricketts and former Gov. Dave Heineman, easily won the nomination, CNN projected on Tuesday night. He’ll be a heavy favorite against Democrat Patty Pansing Brooks in the general election.
Trump tops Justice, Manchin in West Virginia primary
If Nebraska mostly ignored the former President, at least for a night, West Virginia doubled down on Trump’s advice.
Rep. Alex Mooney, the Trump-backed candidate in the first incumbent-vs.-incumbent primary of the year, topped Rep. David McKinley in the GOP primary for West Virginia’s 1st Congressional District on Tuesday night. The race quickly became one of the most vicious in the country, with Mooney attacking McKinley for voting in favor of the bipartisan infrastructure plan and McKinley accusing Mooney, who previously ran for office in Maryland, of being a carpetbagger.
A bipartisan group of West Virginia power centers tried to save the more pragmatic McKinley, including Republican Gov. Jim Justice and Democratic Sen. Joe Manchin. But in a state that backed Trump by nearly 40 percentage points in 2020, Mooney making the former President’s endorsement the focal point of his campaign was too much for McKinley to overcome.
The win further strengthens Trump’s hold on the Republican Party and for his desire for vengeance. Trump backed Mooney primarily as a vehicle to oust McKinley, who drew the former President’s ire for backing the infrastructure legislation, which gave President Joe Biden a win, and for supporting a bipartisan inquiry into the January 6, 2021, attack on the US Capitol before Senate Republicans killed the idea.
Even still, Trump remains largely the only endorsement that matters in Republican primaries, forcing candidates, especially those in contentious races, to continue to run campaigns that appeal to him.
Democrats with big decisions ahead and a key Trump test to come
The first few rounds of 2022 primaries have doubled as a proving ground for Trump’s ability to bend the Republican Party to his will. That theme will continue into next week’s slate, especially in Pennsylvania, where his endorsed Senate candidate, Dr. Mehmet Oz, is locked in what’s shaping up to be a three-way race, with David McCormick and Kathy Barnette, for the GOP nomination.
Trump is also looking to flex in North Carolina, where his endorsed GOP Senate primary candidate, Rep. Ted Budd, has led former Gov. Pat McCrory, former US Rep. Mark Walker and Marjorie Eastman in the polls.
But the May 17 primaries will also ask big questions of the Democratic Party, which will select its own nominee for the open Senate seat in the Keystone State. Lt. Gov. John Fetterman, a progressive stalwart, is the favorite in that contest, with moderate Rep. Conor Lamb his closest competition, according to recent polls.
Pennsylvania, Oregon and North Carolina are also home to a handful of Democratic House primaries that pit progressives against moderates who, in a handful of races, have been boosted by remarkable sums of outside spending.
Most of the contested primaries are for open seats, but in Oregon’s redrawn 5th Congressional District, Rep. Kurt Schrader is facing a tough challenge from Jamie McLeod-Skinner, whose local supporters have clashed with Democratic leadership in Washington.
The-CNN-Wire
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https://localnews8.com/politics/cnn-us-politics/2022/05/10/4-takeaways-from-the-nebraska-and-west-virginia-primaries/
| 2022-05-11T10:53:31Z
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NEW YORK, May 30, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of AGCO Corporation ("AGCO" or the "Company") (NYSE: AGCO). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether AGCO and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On May 6, 2022, AGCO disclosed that it expects operations at some of its production facilities to be affected for "several days and potentially longer" following a ransomware attack.
On this news, AGCO's stock price fell $7.53 per share, or 5.76%, to close at $123.30 per share on May 6, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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https://www.mysuncoast.com/prnewswire/2022/05/30/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-agco-corporation/
| 2022-05-30T22:20:25Z
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AUSTIN, Texas (AP) — Tesla will build a vehicle dedicated for use as a robotaxi, and it will start making three new vehicles next year, CEO Elon Musk told fans at a party celebrating the opening of a Texas factory.
Musk didn’t give details of the robotaxi other than to say it will “look quite futuristic.” He also said Tesla will start building the Cybertruck pickup at its new factory near Austin, Texas, next year. After that, it will start building a new Roadster and an electric semi, he said.
He made his remarks Thursday night at the“Cyber Rodeo at Giga Texas,” an invitation-only party for thousands of guests at Tesla’s new billion-dollar-plus factory.
As many as 15,000 people were expected to attend the private event hosted to mark the opening of the new factory in Travis County that also serves as the company’s new headquarters following its move from California.
Musk said at the Thursday night event streamed live on YouTube that Tesla was delivering the first Model Y small SUVs built at the new factory, which he said can make a half million of the SUVs per year.
Tesla and Musk have often missed targets to start producing vehicles. In 2019, he promised a fleet of autonomous robotaxis would be on the road the following year, but the company’s “Full Self-Driving” software is still being tested by selected Tesla owners on public roads.
The company is the largest maker of electric vehicles in the U.S. and the world.
Musk said this year will be about scaling up the Austin factory as well as anew one in Germany. He also said the company may start building a robot in 2023. “Next year there’s going to be a massive wave of new products,” he told the crowd Thursday night.
A county-issued permit said the event included interactive tours, food, alcohol and live entertainment. But the event was off-limits to the general public and the news media.
Musk has said the Austin-area plant will employ up to 10,000 workers.
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https://cw33.com/business/ap-business/musk-says-tesla-will-build-vehicle-designed-to-be-a-robotaxi/
| 2022-04-09T14:04:52Z
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Community of technical experts will work together to ensure a safer and more secure Domain Name System
LOS ANGELES, Sept. 6, 2022 /PRNewswire/ -- The Internet Corporation for Assigned Names and Numbers (ICANN) is launching the Knowledge-sharing and Instantiating Norms for DNS and Naming Security (KINDNS) initiative to make the Internet safer and more resilient for all users. By collaborating with a global community of technical experts, ICANN is developing a clear framework of operational best practices for Domain Name System (DNS) security.
KINDNS is just one of many ICANN efforts underway to promote broad participation among public and private actors to make the Internet safer, and more secure and interoperable.
"As the Internet has grown and come to play a greater role in our everyday lives, DNS security has never been more critical," said John Crain, ICANN's Senior Vice President and Chief Technology Officer. "While various best practices exist for DNS operations, they are inconsistently applied and at times have led to significant security breaches that affect the whole Internet."
To mitigate this, ICANN collaborated with the technical community to create KINDNS as a mechanism to share best practices to better secure DNS operations. The result is a simple, effective framework that large and small DNS operators can voluntarily and easily follow. For example, a good practice shared through KINDNS aims at ensuring domain name servers are geographically and topologically diverse (KINDNS Practice-5 of Authoritative and Recursive servers operators). Another example is to encourage operators to enable Domain Name System Security Extensions (DNSSEC), both through Authoritative server signatures and the Resolver validating these signatures. DNSSEC is a technology developed to assure that Internet users reach their desired online destination by helping to prevent some types of attacks (KINDNS Practice-1 of Authoritative and Recursive servers operators).
Internet service providers, corporate IT managers, DNS service operators and software developers are invited to adopt the best practices promoted by KINDNS on its website and help promote the program. To learn how, visit the KINDNS dedicated website here.
ICANN's mission is to help ensure a stable, secure, and unified global Internet. To reach another person on the Internet, you need to type an address – a name or a number – into your computer or other device. That address must be unique so computers know where to find each other. ICANN helps coordinate and support these unique identifiers across the world. ICANN was formed in 1998 as a nonprofit public benefit corporation with a community of participants from all over the world.
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https://www.mysuncoast.com/prnewswire/2022/09/06/icann-initiative-promotes-internet-security-best-practices/
| 2022-09-06T16:05:29Z
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Steven Spielberg films ranked from worst to first
Universal Pictures
Steven Spielberg films ranked from worst to first
Among the great American movie directors, Steven Spielberg shines as one of the most celebrated in Hollywood. With a career spanning over four decades and 31 feature films, Spielberg is not only a prolific filmmaker but a pioneer in modern filmmaking. After witnessing his 1975 breakout hit “Jaws,” Alfred Hitchcock remarked that Spielberg “is the first one of us who doesn’t see the proscenium arch,” praising his willingness to take risks and defy classical filmmaking conventions.
And as the young director grew and made more box-office hits, his trailblazing efforts certainly paid off. “Jaws,” “E.T. the Extra-Terrestrial,” and “Jurassic Park” broke box office records, helping him become the highest-grossing director in history. Spielberg won the Academy Award for Best Director for “Schindler’s List” and “Saving Private Ryan,” in addition to many other nominations for his films throughout the years. His credits also span many different genres, from the action-packed Indiana Jones franchise to the sci-fi classic “Close Encounters of the Third Kind” to humanistic films such as “The Color Purple”—Spielberg is clearly a man of many talents.
To honor his work, Stacker ranked each of Spielberg’s films by calculating a Stacker score for each, aggregating and weighting ratings from IMDb (50%), Metascore (25%), and Rotten Tomatoes’ Tomatometer (25%) to create a score out of 100. See which of the Spielberg canon couldn’t beat the pack, all the way to his chef-d’oeuvre.
You may also like: 100 best films of the 21st century, according to critics
Universal Pictures
#31. 1941
Year released: 1979
Stacker score: 45.75
IMBD rating: 5.8
Metascore: 34
Tomatometer: 33%
If you just considered the stacked cast, this 1979 comedy film featuring Dan Aykroyd, John Belushi, and John Candy had everything going for it. Unfortunately, its comedic treatment of the Great Los Angeles Air Raid as well as the bombardment of Santa Barbara, California’s Ellwood Oil Refinery fell short of its critically and financially successful contemporaries.
Amblin Entertainment
#30. Hook
Year released: 1991
Stacker score: 53.75
IMDb rating: 6.7
Metascore: 52
Tomatometer: 29%
This updated take on the story of Peter Pan did much better with audiences than with critics, resulting in a measly 29% on the Tomatometer. While “Hook”—starring Robin Williams, Dustin Hoffman, Gwyneth Paltrow, and Julia Roberts—was one of the top-grossing films in 1991, critics of the film found it to be too cookie-cutter. Roger Ebert said of the film, “The crucial failure in ‘Hook’ is its inability to re-imagine the material, to find something new, fresh or urgent to do with the Peter Pan myth.”
Universal Pictures
#29. The Lost World: Jurassic Park
Year released: 1997
Stacker score: 60.5
IMDb rating: 6.5
Metascore: 59
Tomatometer: 53%
The sequel to the 1993 blockbuster ‘Jurassic Park,’ ‘The Lost World: Jurassic Park’ fell short of critics’ expectations (as sequels often do) and only recast Jeff Goldblum in a major role as the eccentric brainiac Dr. Ian Malcolm. A darker film than its predecessor, this chapter of the story revolves around two teams—one led by Dr. Malcolm and another made of John Hammond’s nephew at InGen—who face the cloned dinosaurs inhabiting an island off of Costa Rica. The film received an Academy Award nomination for Best Visual Effects, thanks to the CGI-rendered dinosaurs.
Universal Pictures
#28. Always
Year released: 1989
Stacker score: 60.75
IMDb rating: 6.4
Metascore: 50
Tomatometer: 65%
A remake of the 1943 drama, “A Guy Named Joe, Always” tells the story of a dead firefighter pilot who mentors another budding pilot and watches as he and the woman he left behind fall in love. Richard Dreyfuss, Holly Hunter, and John Goodman star in the film, as well as the late Audrey Hepburn in her final performance before her death. Though “Always” wasn’t a smash itself, some critics credit the film for inspiring the next year’s megahit romance, “Ghost” (1990).
DreamWorks
#27. The Terminal
Year released: 2004
Stacker score: 65.5
IMDb rating: 7.3
Metascore: 55
Tomatometer: 61%
“The Terminal” marked one of Spielberg’s more successful forays into the romantic comedy genre, though the film arguably featured a whole lot of drama. Tom Hanks plays an immigrant who finds himself stuck in John F. Kennedy International Airport when he is both simultaneously denied entry into the United States and a military coup breaks out in his home country. The film, partially inspired by an Iranian refugee who was stranded in Paris’ Charles de Gaulle Airport for 18 years, received an acceptable 61% on Rotten Tomatoes.
Paramount Pictures
#26. Indiana Jones and the Kingdom of the Crystal Skull
Year released: 2008
Stacker score: 66.5
IMDb rating: 6.2
Metascore: 65
Tomatometer: 77%
The fourth installment of the Indiana Jones film franchise, “Indiana Jones and the Kingdom of the Crystal Skull” stars Harrison Ford in the title role. Along with a young mentee named Mutt (Shia LaBeouf), Jones competes with Soviet agents (Cate Blanchett) to get hold of a telepathic crystal skull. Nineteen years after the previous film in the series, this installment fell short of expectations for audiences (53%) but was more popular with critics (77%). Many felt like the lazy dialogue and overuse of CGI overwhelmed the thrill of the action.
Walt Disney Pictures
#25. The BFG
Year released: 2016
Stacker score: 67.25
IMDb rating: 6.4
Metascore: 66
Tomatometer: 75%
Based on Roald Dahl’s 1982 novel of the same name, “The BFG” is a fantasy-adventure animated film starring Mark Rylance and Ruby Barnhill about a human girl and the Big Friendly Giant who come together to stop man-eating giants from threatening humankind. The film grossed about $55 million in North America, one of Spielberg’s lowest figures yet. The Hollywood Reporter compared the film to the more successful “E.T. the Extra-Terrestrial,” saying “The BFG” was “conspicuously less captivating, magical and transporting experience than its classic forebear.”
Paramount Pictures
#24. War of the Worlds
Year released: 2005
Stacker score: 69.25
IMDb rating: 6.5
Metascore: 73
Tomatometer: 74%
This science-fiction thriller “War of the Worlds,” based on the novel of the same name from H.G. Wells, follows a man in his desperate struggle to reunite his family under the threat of an alien invasion. The Tom Cruise and Dakota Fanning-manned film was nominated for three Academy Awards for Visual Effects, Sound Mixing, and Sound Editing, but fell short in the eyes of critics and moviegoers, with The New York Post criticizing the film for having the “lamest ending yet to a Steven Spielberg movie.”
Warner Bros.
#23. A.I. Artificial Intelligence
Year released: 2001
Stacker score: 70
IMDb rating: 7.1
Metascore: 65
Tomatometer: 73%
“A.I. Artificial Intelligence” is a film that follows a childlike android (Haley Joel Osment) in a post-climate change society who has the ability to have compassion. Jude Law also stars in the film, which was handed to Spielberg by late director Stanley Kubrick after the latter felt that using a human actor couldn’t adequately bring Brian Aldiss’ 1969 short story “Supertoys Last All Summer Long” to life. Though its 73% rating on Rotten Tomatoes reflected the critics’ split views on the film, it ultimately was regarded as an interesting convergence of two brilliant directors’ minds.
DreamWorks
#22. Amistad
Year released: 1997
Stacker score: 71.25
IMDb rating: 7.3
Metascore: 63
Tomatometer: 76%
Morgan Freeman, Anthony Hopkins (who was nominated for an Oscar for Best Supporting Actor), Djimon Hounsou, and Matthew McConaughey. Overall, “Amistad” received decent critical reception as a film that gave a voice and face to the slave trade, although others have argued that it’s just another example of a film that touts the white savior narrative.
Columbia Pictures
#21. The Adventures of Tintin
Year released: 2011
Stacker score: 72
IMBD rating: 7.3
Metascore: 68
Tomatometer: 74%
“The Adventures of Tintin” is based on the popular Belgian comic series by Hergé and featured an interesting blend of 3D motion-captured animation and live-action footage of stars Jamie Bell and Andy Serkis, among others. The film made about $373 million worldwide at the box office and was the first movie outside of Pixar to win the Golden Globe for Best Animated Feature Film. Critical consensus on Rotten Tomatoes felt that the spirit of “Tintin” was akin to “Raiders of the Lost Ark,” noting that, “drawing deep from the classic ‘Raiders of the Lost Ark’ playbook, Steven Spielberg has crafted another spirited, thrilling adventure in the form of ‘Tintin.’”
Amblin Entertainment
#20. Ready Player One
Year released: 2018
Stacker score: 72
IMBD rating: 7.6
Metascore: 64
Tomatometer: 72%
In this futuristic sci-fi film, Spielberg introduces the world of OASIS. It’s a virtual universe not unlike a video game, where real-life people spend most of their time, rather than the world. However, the owner of this virtual life has placed the game and its fortune up for grabs in a competition for anyone to win. The main character Wade Watts is played by Tye Sheridan, and viewers get to meet two sides of his character: his human self and the OASIS version. Critics generally praised the film for its enthralling adventure and alternating between reality and fantasy. While it wasn’t nominated for any major awards, it was nominated at the MTV Movie & TV Awards and Teen Choice Awards.
Amblin Entertainment
#19. Empire of the Sun
Year released: 1987
Stacker score: 72
IMDb rating: 7.8
Metascore: 62
Tomatometer: 70%
Starring John Malkovich, the 1982 war film “Empire of the Sun” tells the story of a British boy who becomes a prisoner of war in Japan during World War II. With a Metascore of 62 and a Tomatometer of 70%, the film had a fine critical reception, but it didn’t perform at the box office and made a mere $66 million worldwide. Spielberg conceded he “knew going in that ‘Empire of the Sun’ wasn’t a very commercial project. I’ve earned the right to fail commercially.”
Universal Pictures
#18. The Sugarland Express
Year released: 1974
Stacker score: 73
IMDb rating: 6.8
Metascore: 65
Tomatometer: 91%
This 1974 crime drama was not only Spielberg’s directorial debut feature film, but marked the first time the filmmaker collaborated with composer John Williams on the soundtrack—a partnership that would continue for all but four of Spielberg’s films. The story follows a married couple (Goldie Hawn and William Atherton) on the run from the law in Sugarland, Texas. “The Sugarland Express” received a whopping 91% on Rotten Tomatoes and the award for Best Screenplay at the 1974 Cannes Film Festival.
DreamWorks
#17. War Horse
Year released: 2011
Stacker score: 73
IMDb rating: 7.2
Metascore: 72
Tomatometer: 76%
The 2011 war drama “War Horse” was adapted from British novelist Michael Morpurgo’s 1982 novel of the same name. Featuring Jeremy Irvine in his film debut—as well as Emma Watson and Benedict Cumberbatch—the story follows Albert (Irvine), a British boy whose horse Joey is bought by the British Army. Its $177 million worldwide gross was the highest of any World War I movie (before 2017’s “Wonder Woman”) and received six Academy Awards, including Best Picture.
Paramount Pictures
#16. Indiana Jones and the Temple of Doom
Year released: 1984
Stacker score: 73.5
IMDb rating: 7.6
Metascore: 57
Tomatometer: 85%
In the second installment of the Indiana Jones franchise, “Indiana Jones and the Temple of Doom,” Jones (Harrison Ford) faces the task of saving Indian children from being sacrificed to goddess Kali from a Thuggee cult. The film saw the highest opening weekend of 1984 but was met with some criticism for its violence (despite being rated PG-13), dark themes, and stereotypical portrayal of Indian culture and Hinduism.
DreamWorks
#15. Munich
Year released: 2005
Stacker score: 75.75
IMDb rating: 7.6
Metascore: 74
Tomatometer: 77%
The 2005 film “Munich” is a tale of assassins who look to enact revenge against the Black September Organization, a Palestinian terrorist group that had taken and murdered 11 Israeli athletes. In 2017, The New York Times’ A.O Scott ranked “Munich” #16 on his 25 Best Films of the 21st Century So Far list. Eric Bana and Daniel Craig star in the film. Though the subject matter proved provocative, Roger Ebert felt Spielberg opened the door to a much-needed conversation.
Amblin Entertainment
#14. The Post
Year released: 2017
Stacker score: 78.75
IMBD rating: 7.2
Metascore: 83
Tomatometer: 88%
This dramatic telling of the Washington Post’s handling of the Pentagon Papers earned Meryl Streep and Tom Hanks a bevy of award nominations. While history often discusses the role of The New York Times’ role in the publishing of the Pentagon Papers after the Vietnam War, Spielberg’s film does a deep dive into the complications the Washington Post faced in deciding to fight for freedom of the press and the safety of the United States. Streep was nominated for Best Actress at the Academy Awards and the Golden Globe Awards, respectively, for her portrayal of Washington Post owner Kay Graham. At the 2018 Oscars, Spielberg was also nominated for Best Picture against “Get Out” and winner “The Shape of Water.”
Paramount Pictures
#13. Indiana Jones and the Last Crusade
Year released: 1989
Stacker score: 79.75
IMDb rating: 8.3
Metascore: 65
Tomatometer: 88%
Harrison Ford once again reprises his titular role in the third installment of the Indiana Jones franchise. This time, Jones searches for his father, who, while searching for the Holy Grail, gets kidnapped by Nazis. Wanting to tone down the violence that marred the reputation of “Temple of Doom” five years earlier, Spielberg’s 1989 feature was more action-packed and less gory. The response to the film was split, with some praising the focus on the father-son relationship, and others finding it lacking in depth.
Amblin Entertainment
#12. The Color Purple
Year released: 1985
Stacker score: 80.5
IMDb rating: 7.8
Metascore: 78
Tomatometer: 88%
The Pulitzer Prize-winning book of the same name by Alice Walker was adapted into a film in 1985, starring Danny Glover, Oprah Winfrey, and Whoopi Goldberg (the latter two actors in their film debuts). Goldberg plays Celie Harris-Johnson, an African American woman who faces domestic violence and other hardships but is supported by two other women to find her sense of self. The film grossed over $143 million worldwide and received praise from critics (88% on Rotten Tomatoes and a 7.8 IMDb rating)—especially when it came to Goldberg’s performance. Roger Ebert called it “one of the most amazing debut performances in movie history” and the film was nominated, though didn’t win, for 11 Academy Awards.
Universal Pictures
#11. Jurassic Park
Year released: 1993
Stacker score: 80.75
IMDb rating: 8.1
Metascore: 68
Tomatometer: 93%
The iconic science fiction adventure movie “Jurassic Park” (1993) is the first installment of the series about a philanthropist and genetic scientists who have created a park of cloned dinosaurs. The movie, based on the novel by Michael Crichton, made $357 million at the North American box office, making it the highest-grossing film in history. “Titanic,” however, came along in 1997 and stole its thunder, though the film still remains one of the top earners of all time. Its 3D effects—which some have said revolutionized visual effects in movies tremendously—a memorable soundtrack, and an exciting plot were to thank for its success, earning the film three Academy Awards in 1997: Best Sound Editing, Best Sound Mixing, and Best Visual Effects. At the same ceremony, Spielberg also won for “Schindler’s List.”
DreamWorks
#10. Lincoln
Year released: 2012
Stacker score: 81
IMDb rating: 7.4
Metascore: 86
Tomatometer: 90%
“Lincoln” is a historical drama detailing President Abraham Lincoln’s (Daniel Day-Lewis) 1865 crusade to pass the 13th amendment to the U.S. Constitution in the last four months of his life. Loosely based on the biography “Team of Rivals: The Political Genius of Abraham Lincoln” by Doris Kearns Goodwin, “Lincoln” was a success at the box office, amassing $275 million, and earned 12 Academy Award nominations, including Best Picture, and two wins—for Best Actor and Best Production Design. The film’s 86 score on Metacritic is the highest of any Spielberg film since “Saving Private Ryan.”
DreamWorks
#9. Bridge of Spies
Year released: 2015
Stacker score: 81
IMDb rating: 7.6
Metascore: 81
Tomatometer: 91%
“Bridge of Spies” tells the true story of lawyer James B. Donovan (Tom Hanks), who is tasked with negotiating the release of a captured U.S. Air Force pilot (Austin Stowell) in the Soviet Union in exchange for a convicted KGB spy named Rudolf Abel (Mark Rylance). The film was nominated for six Academy Awards, including Best Supporting Actor (Rylance). The film grossed $165 million worldwide and received mostly positive critical acclaim, with critics praising Spielberg for the film’s fun, thrilling depiction of this tense moment in history. The A.V. Club said of the film that it’s “one of the most handsome movies of Spielberg’s latter-day phase, and possibly the most eloquent.”
Twentieth Century Fox
#8. Minority Report
Year released: 2002
Stacker score: 81
IMDb rating: 7.7
Metascore: 80
Tomatometer: 90%
Set in Washington D.C. in 2054, the sci-fi thriller “Minority Report” details a special police department called “Precrime” that catches criminals before they commit crimes, based on the visions of psychics called “Precogs.” The chase begins when Tom Cruise’s character, Precrime Chief John Anderton, is accused of a crime he did not commit and has to clear his name. Many critics found that this 2002 dystopian film marked a turning point in the development of Spielberg’s career, a leap forward in more “adult movie-making.” Roger Ebert called “Minority Report” a masterpiece, and noted that, while “most directors were putting ‘their trust in technology,’ Spielberg had already mastered it, and was emphasizing ‘story and character’ while merely using technology as a ‘workman uses his tools.’”
DreamWorks
#7. Catch Me If You Can
Year released: 2002
Stacker score: 83.5
IMDb rating: 8.1
Metascore: 76
Tomatometer: 96%
The 2002 biographical crime movie “Catch Me If You Can” stars Leonardo DiCaprio as Frank Abagnale, a man who spent years posing as a PanAm pilot, Georgia doctor, and a Louisiana prosecutor, all while making millions with check fraud. He was so skilled that, after he was caught, the FBI hired him to help sniff out other forgers. Tom Hanks, Christopher Walken, and Martin Sheen also starred in the film. The real Abagnale felt that Spielberg was the only one who could do the film justice, and the director himself conceded that his parents’ divorce brought him closer to the project. “Some of my films have had to do with broken homes and people on the run from their sad pasts,” Spielberg said. “But there are those strands that got me to say: you know, there’s something also about me that I can say through the telling of this kind of lighthearted story.”
Columbia Pictures Corporation
#6. Close Encounters of the Third Kind
Year released: 1977
Stacker score: 85
IMDb Rating: 7.7
Metascore: 90
Tomatometer: 96%
Written as well as directed by Spielberg, “Close Encounters of the Third Kind” tells the tale of Roy Neary (Richard Dreyfuss), a man in Indiana whose encounter with a UFO alters the course of his life. In 2007, the Library of Congress added the film to its National Film Registry for its “cultural, historical, or aesthetic significance.” The movie surpassed expectations for critics and the box office (though its competition with “Star Wars” in 1978 made Oscars and other accolades hard to come by), but “Close Encounters of the Third Kind” was mostly lauded for its ability to inspire more science-fiction films. The Chicago Reader called the film “the best expression of Spielberg’s benign, dreamy-eyed vision.”
Zanuck/Brown Productions
#5. Jaws
Year released: 1975
Stacker score: 86
IMDb rating: 8
Metascore: 87
Tomatometer: 97%
Now widely regarded as the first example of the summer blockbuster, “Jaws” is the story of a giant man-eating great white shark that hunts and kills people in a resort town. This prompts the police chief (Roy Scheider), a marine biologist (Richard Dreyfuss), and a shark hunter (Robert Shaw) to find and kill the terrorizing monster. A significant aspect of this film is also John Williams’ score, which won an Academy Award and whose alternating pattern of two notes is one of the prototypical examples of suspense music. “Jaws” was the highest-grossing film of all time until 1977’s “Star Wars” and received critical praise and 97% on Rotten Tomatoes.
Universal Pictures
#4. E.T. the Extra-Terrestrial
Year released: 1982
Stacker score: 86.75
IMDb rating: 7.9
Metascore: 91
Tomatometer: 98%
Based on an imaginary friend Spielberg created after his parents’ divorce, “E.T. the Extra-Terrestrial” is the fantastical, sci-fi story of Elliott (Henry Thomas), a boy who befriends a stranded extraterrestrial alien called E.T. The movie beat “Star Wars” for the title of the highest-grossing movie of all time (earning $619 million worldwide), a record it held for 11 years before Spielberg surpassed the feat in 1993 with “Jurassic Park.” Critics raved about the film: Richard Attenborough, whose movie “Gandhi” won Best Picture that year, said, “I was certain that not only would ‘E.T.’ win, but that it should win. It was inventive, powerful, [and] wonderful.”
Paramount Pictures
#3. Raiders of the Lost Ark
Year released: 1981
Stacker score: 87.25
IMDb rating: 8.5
Metascore: 85
Tomatometer: 94%
“Raiders of the Lost Ark,” also known as “Indiana Jones and the Raiders of the Lost Ark,” is the first and highest-rated of the Indiana Jones series. In this installment, Indiana Jones (Harrison Ford) tries to find the Ark of the Covenant before the Nazis and Adolf Hitler, who want to use the ark to make the army invincible. When adjusted for inflation, the film remains one of the top 25 highest-grossing movies of all time and walked away with four of the nine Oscars for which it was nominated in 1982. The New York Times called the film “one of the most deliriously funny, ingenious and stylish American adventure movies ever made.”
DreamWorks
#2. Saving Private Ryan
Year released: 1998
Stacker score: 88.5
IMDb rating: 8.6
Metascore: 90
Tomatometer: 92%
This 1998 war drama depicting the invasion of Omaha Beach in World War II is one of Spielberg’s very best, and was praised for its accurate and sincere depiction of the horrors of war. It follows U.S. Army Rangers Captain John H. Miller (Tom Hanks) and a team of servicemen as they fight to find Private First Class James Francis Ryan (Matt Damon). “Saving Private Ryan” won five of 11 Academy Awards, including Spielberg’s second win for directing. The story’s audience and critical acclaim were apparent, but its effect hit veterans the hardest. Many found it to be the most accurate depiction of wartime violence they’d ever seen—so much that the Department of Veterans Affairs set up a hotline for veterans who were affected by the film.
Universal Pictures
#1. Schindler’s List
Year released: 1993
Stacker score: 91.75
IMDb rating: 8.9
Metascore: 93
Tomatometer: 96%
Based on Australian Thomas Keneally’s novel “Schindler’s Ark,” the historical drama “Schindler’s List” remains one of Spielberg’s crowning directorial achievements. Based on a true story, the film centers on German businessman Oskar Schindler (Liam Neeson), who, during World War II, saved the lives of thousands of Polish-Jewish refugees by employing them in his factory. Ralph Fiennes and Ben Kingsley also star. The movie received seven of 12 Academy Awards, including Best Picture, Best Director, Best Adapted Screenplay, and Best Original Score. The film, especially due to its international appeal, made a killing at the box office and delighted critics everywhere. Most importantly, however, it brought light to more of the inhumane atrocities of WWII—following the success of the film, Spielberg founded the Shoah Foundation, a nonprofit whose goal is to create an archive of filmed testimony of the remaining survivors of the Holocaust.
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https://localnews8.com/stacker-entertainment/2022/04/04/steven-spielberg-films-ranked-from-worst-to-first/
| 2022-04-05T07:06:42Z
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Experienced Executive joins from HUB International
NEW YORK, Sept. 14, 2022 /PRNewswire/ -- Evertree Insurance ("Evertree"), an omni-channel personal lines insurance distribution platform, today announced the hiring of Daniel Romero as Head of Mergers and Acquisitions.
Prior to joining Evertree, Mr. Romero was Vice President of Mergers & Acquisitions for HUB International Limited, a full-service global insurance broker and financial services firm, where he was responsible for the sourcing and execution of over 100 strategic transactions. This included negotiating and underwriting deal structures, analytics, modeling, due diligence, and the overall execution of transactions.
"Daniel's proven ability to build relationships, acquire and integrate new property and casualty brokers, and broad understanding of the personal lines market is exceptional," said Alex Tuff, Founder and CEO at Evertree. " Daniel has also had the benefit of having lived and worked in different communities with a fluency in English, Spanish, Portuguese and French. This is incredibly attractive as we build a team with different backgrounds and perspectives."
"I could not be more excited to join Evertree at this important moment in the growth and expansion of the business," said Romero. "Our shared vision for the future of insurance is both exciting and actionable. Our technology will enable independent agents to spend more time on relationships, and it will give clients the unique and refreshing experience they have wanted for many years. Evertree is taking a purposeful approach, focusing on investing in talent and delivering a superior client experience."
Evertree was founded in 2022 and announced in July 2022 that it had received a significant investment from Integrum Holdings.
About Evertree
Evertree is a technology-enabled personal lines insurance agency that is focused on building the premier platform for the next generation of independent brokers. Evertree's strategy is to develop and deploy productivity enhancing technology, recruit, and train new agents, and to identify, close and fully integrate strategic acquisitions.
Evertree was founded in 2022 by insurance industry veteran Alex Tuff and received a significant investment from Integrum Holdings, an innovative private investment firm, whose senior team has led successful investments in Pure, USI, and Alliant, amongst others.
For more information on Evertree, please visit https://www.evertreeinsurance.com/
Contact:
Andy Merrill
Prosek Partners
917.622.1252
View original content:
SOURCE Evertree Insurance
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https://www.wibw.com/prnewswire/2022/09/14/evertree-insurance-appoints-daniel-romero-head-mergers-acquisitions/
| 2022-09-14T16:28:30Z
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Industrial and multi-family housing continue growth, office remains stagnant, and retail continues a slow comeback
LOS ANGELES, Aug. 3, 2022 /PRNewswire/ -- The Summer 2022 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that there is much more optimism about the next three years than the barrage of negative news about the economy might suggest. The current survey reveals that the optimism shown in last winter's survey for office and retail markets turning positive in the near-term was premature, but that the prevailing sentiment for those markets remains one of confidence in the longer-term. Meanwhile, optimism for industrial and multi-family markets remains, though at a more tempered pitch than was shown six months ago.
The biannual survey polls a panel of California real estate professionals to project a three-year-ahead outlook for California's commercial real estate industry and forecast potential opportunities and challenges affecting the office, multi-family, retail, and industrial sectors.
The continued persistence of the COVID-19 pandemic has reversed the previously optimistic trajectory of the office market as a return to the workplace for many employees continues to be delayed. With investors becoming more cautious due to the increased uncertainty about near-term economic prospects, the optimism for the office market in the previous survey shifts to a downturn in Southern California, with a more neutral view in Northern California. Office development sentiment has remained slightly optimistic in the Bay Area, though there are not yet plans in place to increase the rate of development. Though the return to the office has been delayed, there are signs that this pessimism is temporary — companies will ultimately put into place plans to return their workforce to the office, and there will eventually be a need for new office development that will provide for this new office landscape.
With industrial markets seeing consistently high occupancy rates and superior lease rate growth over the past few years, sentiment for new industrial projects has been consistently positive, including in the latest survey. This is in large part due to the fact that rapid industrial development has barely kept up with absorption, leaving plenty of demand for additional supply. Consistently high occupancy rates and superior lease rate growth have kept the optimism high for all industrial markets. The current survey predicts more of the same — that significant future increases in demand will outstrip planned and projected 2025 supply. This view of an even tighter market stems in part from the fact that demand in the last few years has driven vacancy rates to their astonishingly low levels.
Despite the pandemic-induced demand for homes in the suburbs and a continued work-from-home culture, optimism continues about the coming three years, though it is slightly less than a year ago. In this survey, it is forecast for every market that rental rates will increase faster than the rate of inflation and vacancy rates will fall between now and 2025. Although the continued waves of the pandemic delayed some return to the office, the reopening of city amenities and the creative and social value derived from urban experiences are attractors that are expected to prompt increased multi-family living in urban areas, particularly among younger workers.
Two other factors are also driving new multi-family development — the inland parts of California are experiencing growth in logistics and infrastructure construction and a series of state laws—SB8, SB9 and SB10—have superseded some local building approval processes, opened land currently zoned for single-family homes to the construction of small multi-family structures, and reduced barriers to multi-family construction in transit corridors.
Despite a looming recession and continued economic uncertainty, retail sentiment continues to rebound from the bottom of the cycle. The latest survey indicates optimism in most markets aside from San Francisco and Los Angeles, where pessimism continues due to many people continuing to work from home and a lack of foreign tourism. In the other markets, a limited return to the office has increased the demand for retail in the core of each city, while the building of new housing throughout California has created a demand for new retail close to that housing. There is also expected to be a demand for the reconfiguration of retail establishments to a more open-air, post-COVID concept that will attract consumers back to stores. The booming housing market will continue to generate demand for retail throughout the state, leading to a turnaround in retail development and a new retail building cycle that should begin before the end of 2025.
The Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey and Index polled a panel of California real estate professionals in the development and investment markets, on various aspects of the commercial real estate market. The survey is designed to capture incipient activity by commercial real estate developers. To achieve this goal, the panel looks at the markets three years in the future, and building conditions over the three-year period. The survey was initiated by Allen Matkins and the UCLA Anderson Forecast in 2006, in furtherance of their interest in improving the quality of current information and forecasts of commercial real estate.
Allen Matkins, founded in 1977, is a California-based law firm with more than 200 attorneys in four major metropolitan areas of California: Los Angeles, Orange County, San Diego, and San Francisco. The firm's areas of focus include real estate, construction, land use, environmental, and natural resources; corporate and securities, real estate and commercial finance, bankruptcy, restructurings, and creditors' rights, joint ventures, and tax; labor and employment; and trials, litigation, risk management, and alternative dispute resolution in all of these areas. Allen Matkins is located on the web at www.allenmatkins.com.
UCLA Anderson Forecast is one of the most widely watched and often-cited economic outlooks for California and the nation and was unique in predicting both the seriousness of the early-1990s downturn in California and the strength of the state's rebound since 1993. The Forecast was credited as the first major U.S. economic forecasting group to call the recession of 2001 and, in March 2020, it was the first to declare that the recession caused by the COVID-19 pandemic had already begun. uclaforecast.com
UCLA Anderson School of Management is among the leading business schools in the world, with faculty members globally renowned for their teaching excellence and research in advancing management thinking. Located in Los Angeles, gateway to the growing economies of Latin America and Asia and a city that personifies innovation in a diverse range of endeavors, UCLA Anderson's MBA, Fully Employed MBA, Executive MBA, UCLA-NUS Executive MBA, Master of Financial Engineering, Master of Science in Business Analytics, doctoral and executive education programs embody the school's Think in the Next ethos. Annually, some 1,800 students are trained to be global leaders seeking the business models and community solutions of tomorrow.
Follow Us @uclaanderson
Media Contacts:
Rebecca Trounson (310) 825-1348
rebecca.trounson@anderson.ucla.edu
UCLA Anderson School of Management
Paul Feinberg (310) 794-1215
paul.feinberg@anderson.ucla.edu
UCLA Anderson School of Management
Eric Podolsky (617) 694-6411
eric@zenmedia.com
Allen Matkins Media Relations
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SOURCE UCLA Anderson Forecast
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https://www.mysuncoast.com/prnewswire/2022/08/03/despite-economic-uncertainties-tempered-optimism-prevails-california-commercial-real-estate-says-allen-matkinsucla-anderson-forecast-summer-survey/
| 2022-08-03T10:00:45Z
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Which white gaming chair is best?
Once upon a time, you had to struggle to get comfortable in front of a computer. If you were lucky, you had a rigid office chair. But as computer components evolved, so did gaming chairs. There’s now a plethora of styles, models and brands, and many have additional functions akin to those of the seats in luxury vehicles.
If you want to look as elegant as ever and feel great while doing so, the Dowinx Gaming Chair With Massage Lumbar Support is an excellent choice.
What to know before you buy a white gaming chair
The color doesn’t improve your gaming
It shouldn’t come as a shock that a white gaming chair doesn’t improve your play. But there are other benefits that come with a white chair, such as blending in with neutral colors and making it easy to spot dirt. White is often paired with black or gold trimming, giving it an elegant look that won’t date quickly.
There’s a style for every gamer
The beautiful thing about gaming chairs is that there are types to suit most playing styles. You might be more of a traditionalist, with an upright office chair. Or if you generally play console games, you might find a recliner or rocker more comfortable. The best gaming chair for you is the one in which you feel at home and that won’t cause strain on your back.
Price should be a consideration
Gaming chairs vary wildly in price. Set yourself a budget and try to stick within the boundaries. Consider whether you really need leather trim, an added footrest or compatibility with vibration technology. Sure, it’s great to have the best, but at the end of the day, you’re just going to sit in it. And the most expensive chairs aren’t always the best.
What to look for in a quality white gaming chair
Padded upholstery
One of the most important aspects of any chair — not just those for gaming — is comfort. It could be the most expensive, elaborate chair in the world, but if it’s not comfortable, you won’t be satisfied. A good-quality gaming chair has thick padding on the seat and back support through a lumbar cushion. Most chairs tilt several degrees if you want to grab a quick nap, but the armrests are rarely more than hard foam.
Adjustability
Another sign of a good-quality gaming chair is adjustability. A rigid chair is uncomfortable, as you can’t adjust your backrest’s angle or the seat’s height. However, high-quality chairs can rotate 360 degrees, you can adjust the height and tilt angle, and you can lock them in place if you don’t want the rocking motion. The armrests can generally also swivel a few degrees, and slide forward and back.
Build quality
Not only do you want to be comfortable, you also don’t want to end up on the floor. It rarely happens, but gaming chairs can come apart and break due to inferior materials. Critical components such as the seating frame and backrest hinge are metal in good-quality gaming chairs. The fabric in these chairs also feels more luxurious and won’t peel after a while. This is a common issue with fake leather fabrics as the colored coating pulls loose.
How much you can expect to spend on a white gaming chair
The average price of a white gaming chair largely depends on the manufacturer. A basic model with the usual functions retails for $70-$80. However, a leather chair with elaborate trimming and thick foam padding sells for $200-$300.
White gaming chair FAQ
Are white gaming chairs shipped fully assembled?
A. No, they’re usually shipped in flat-pack boxes. While all the tools and screws are included, you must assemble them yourself. This isn’t as complex as it sounds, as instructions are included.
Do you get white gaming chairs with RGB lighting?
A. RGB lighting has become hugely popular with gaming accessories, but it hasn’t infiltrated gaming chairs as much. With that said, some white gaming chairs do have an RGB lighting strip down the sides, and you can sync music or gaming sounds.
What’s the best white gaming chair to buy?
Top white gaming chair
Dowinx Gaming Chair With Massage Lumbar Support
What you need to know: If you want to look incredibly stylish while playing your games, this creamy white chair with gold trims will be the envy of your opponents.
What you’ll love: Unlike other gaming chairs, this one has linkage armrests that lets you adjust the angle and height. The lumbar support has a massager built in, and the quilted seating area is stuffed with 5-inch-thick foam padding. The frame is a metal alloy and has five caster wheels.
What you should consider: The massager requires a USB cable to operate.
Where to buy: Sold by Amazon
Top white gaming chair for the money
Edwell Gaming Chair With Massage Lumbar Support
What you need to know: Taking on the traditional form of a gaming chair, this white chair with black accents is the perfect choice for cash-strapped gamers.
What you’ll love: Its high back helps with your posture and the included lumbar cushion has a built-in massager. The chair has a retractable footrest, a 30-degree rocking motion and can carry a maximum weight of 300 pounds.
What you should consider: The adjustable armrests have no padding, so it might be a bit hard for some users.
Where to buy: Sold by Amazon
Worth checking out
GTPlayer Gaming Chair With Footrest and Lumbar Support
What you need to know: With a comfortable head pillow and massaging lumbar cushion, you might find it difficult to stay awake in this white and black gaming chair.
What you’ll love: It uses the latest trend in armrests by featuring the linkage system. Instead of the armrests having the traditional T-bar design, the link connects the back piece with the seat. It also has a retractable footrest, thick padding on all surfaces and a chrome frame.
What you should consider: The massaging function requires a constant USB connection to operate.
Where to buy: Sold by Amazon
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https://cw33.com/reviews/br/electronics-br/gaming-accessories-br/best-white-gaming-chair/
| 2022-08-23T20:39:44Z
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NEW YORK, July 13, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Acadia Pharmaceuticals Inc. ("Acadia" or the "Company")(NASDAQ: ACAD) and certain of its officers. The class action, filed in the United States District Court for the Southern District of California, and docketed under 21-cv-00762, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Acadia securities between June 15, 2020 and April 4, 2021, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased Acadia securities during the Class Period, you have until June 18, 2021 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Acadia is a biopharmaceutical company that focuses on the development and commercialization of small molecule drugs that address unmet medical needs in central nervous system disorders. The Company is developing pimavanserin as a treatment for dementia-related psychosis and as an adjunctive treatment for schizophrenia, as well as an adjunctive treatment for major depressive disorder.
In April 2016, the U.S. Food and Drug Administration ("FDA") approved pimavanserin for the treatment of hallucinations and delusions associated with Parkinson's disease psychosis.
In June 2020, Acadia submitted a supplemental New Drug Application ("sNDA") with the FDA to expand pimavanserin's label to include treatment for dementia-related psychosis (the "pimavanserin sNDA").
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the materials submitted in support of the pimavanserin sNDA contained statistical and design deficiencies; (ii) accordingly, the pimavanserin sNDA lacked the evidentiary support that the Company had led investors to believe it possessed; (iii) the FDA was unlikely to approve the pimavanserin sNDA in its present form; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
On March 8, 2021, post-market, Acadia issued a press release providing a regulatory update on the pimavanserin sNDA, disclosing "that the Company received a notification from the [FDA] on March 3, 2021, stating that, as part of its ongoing review of the Company's [sNDA], the FDA has identified deficiencies that preclude discussion of labeling and post-marketing requirements/commitments at this time." Acadia advised that "[t]he notification does not specify the deficiencies identified by the FDA and there has been no clarification by the FDA at this time."
On this news, Acadia's stock price fell $20.76 per share, or 45.35%, to close at $25.02 per share on March 9, 2021.
Then, on April 5, 2021, pre-market, Acadia issued a press release announcing that the Company had received a Complete Response Letter ("CRL") from the FDA indicating that the pimavanserin sNDA could not be approved in its current form. Specifically, the press release stated that, "the [FDA Division of Psychiatry], in the CRL, cited a lack of statistical significance in some of the subgroups of dementia, and insufficient numbers of patients with certain less common dementia subtypes as lack of substantial evidence of effectiveness to support approval."
On this news, Acadia's stock price fell $4.41 per share, or 17.23%, to close at $21.18 per share on April 5, 2021.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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https://www.kxii.com/prnewswire/2022/07/13/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-acadia-pharmaceuticals-inc-class-action-lawsuit-upcoming-deadline-acad/
| 2022-07-14T01:11:40Z
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Hannover Medical School study will evaluate the use of whole-genome sequencing to show positive impact of earlier diagnosis and treatment for children with suspected genetic disorders
SAN DIEGO, April 25, 2022 /PRNewswire/ -- Illumina, Inc. (NASDAQ: ILMN), a global leader in DNA sequencing and array-based technologies, today announced an agreement with Germany's Hannover Medical School (Medizinische Hochschule Hannover (MHH)) to implement the use of whole-genome sequencing (WGS) in critically ill children suspected of having a genetic or rare disease. The project, led by the Department of Human Genetics at MHH, will evaluate the use of WGS in neonatal and pediatric intensive care unit settings to show the positive impact of earlier diagnosis and treatment for hospitalized children.
At least 100 critically ill children in intensive care with suspected genetic disorders will be tested, where possible as a trio (affected child and their parents), to evaluate the diagnostic efficacy of rapid WGS (rWGS). The study findings will be used to challenge the existing inclusion and exclusion criteria for rWGS eligibility in intensive care settings and help to establish appropriate evidence for earlier use of rWGS in the German healthcare system. Recent studies performed in healthcare systems in Canada, the UK and the US on rapid (trio) WGS in critically ill children have shown it to be of great clinical value for pediatric precision medicine due to its high diagnostic rate and short time to diagnosis.
"We are honored to support Hannover Medical School on this project," said Paula Dowdy, Senior Vice President and General Manager of Illumina for Europe, the Middle East, and Africa. "The ability to provide a faster diagnosis for genetic diseases through whole-genome sequencing is crucial in reducing the suffering and uncertainty in critically ill children — it has been shown to be the most actionable and cost-efficient means to make a diagnosis. Importantly, this project will also add to the growing global body of evidence on the value of whole-genome sequencing in the timely diagnosis of children with genetic diseases."
The project will also capture the clinical utility of rWGS in terms of changes in patient care and management. Additionally, it will analyze the health economic impact on the hospital by comparing the costs of rWGS versus the existing diagnostic pathway for a critically ill child with a suspected genetic disorder. Illumina is supporting the project by providing reagents for the library preparation of DNA and sequencing reagents for the WGS samples.
"Time is critical for children in intensive care with suspected genetic disease, and through this study we hope to lead the way in applying cutting-edge genomics to improve healthcare and bring peace of mind to families," said Bernd Auber, MD, Human Geneticist at Hannover Medical School, whose team is leading the study. "Our aim is to implement whole-genome sequencing as a decision-making tool in neonatal and pediatric intensive care units, ideally replacing routine diagnostic tests currently used. We are grateful to Illumina for their support."
Rare diseases, of which more than 7,000 are known, are primary contributors to hospitalization and mortality in infants. About 2-6% of the population worldwide is affected by a rare disease and while 80% of these have a genetic component, many patients struggle in the search for a diagnosis. On average, the diagnostic odyssey can take five to seven years.
The German study will contribute to a growing body of evidence generated in other countries — including Australia, Canada, the United Kingdom and the United States — showing that WGS offers significant benefits for diagnosis of genetic disease in critically ill infants. Similar studies to evaluate the role of WGS in critically ill children are underway in other countries such as Dubai's Al Jalilah Children's Specialty Hospital, and Israel's national pilot program in neonatal intensive care units.
About whole-genome sequencing
WGS is the most comprehensive method for genetic disease testing and allows identification of pathogenic variants in non-coding regions as well as unprecedented detection of disease-causing single nucleotide variants, small insertions and deletions, and copy number and structural variants, among others. WGS can accelerate time to diagnosis for patients with suspected genetic diseases, ending the long and painful odysseys for patients and their families, helping optimize treatment and management. Use of rWGS for diagnosing genetic conditions in critically ill children in intensive care settings requires fast turnaround of results (in less than 10 days), enabling timely provision of optimal care. Current diagnostic options are based solely on conventional approaches such as single gene tests, gene panels, and chromosomal microarray.
About Illumina
Illumina is improving human health by unlocking the power of the genome. Our focus on innovation has established us as a global leader in DNA sequencing and array-based technologies, serving customers in the research, clinical and applied markets. Our products are used for applications in the life sciences, oncology, reproductive health, agriculture and other emerging segments. To learn more, visit www.illumina.com and connect with us on Twitter, Facebook, LinkedIn, Instagram, and YouTube.
Investors:
Salli Schwartz
858.291.6421
IR@illumina.com
Media:
Adi Raval
US: 202.629.8172
araval@illumina.com
Source: Illumina, Inc.
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https://www.mysuncoast.com/prnewswire/2022/04/25/illumina-supports-leading-german-hospital-accelerate-genetic-disease-diagnosis-critically-ill-children/
| 2022-04-25T07:18:53Z
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WASHINGTON, Aug. 3, 2022 /PRNewswire/ -- Today, the American Trucking Associations' Trucking Cares Foundation announced that LaunchIt Public Relations, has committed to becoming the Foundations' 10th member of the TCF Founders Club.
"Not only has trucking been my career for the past 30 years but it's been a big piece of my life and I'm so proud to be a part of it. I've always been passionate about the image of trucking and do what I can to spread the word on all the positive aspects of this wonderful industry," said Susan Fall, president and founder of LaunchIt Public Relations. "Committing to TCF is my way of putting my money where my mouth is. I look forward to the journey."
The Founders Club is a special class of donors comprised of individuals and corporations that have committed to a $100,000 contribution over a 10-year period. Founders Club members will receive special recognition across Trucking Cares Foundation programs for their early and generous commitments to making our mission a reality.
"Susan has been a strong voice helping promote our industry through the allied community," said TCF Chairman Phil Byrd, president and CEO of Bulldog Hiway Express. "We are pleased and proud to welcome her to the Founders Club and thank her for her support of the Trucking Cares Foundation."
"When we launched the Founder Club last year, we set the goal of having 10 members by this year's ATA Management Conference & Exhibition, and I pleased to say we have met that goal ahead of schedule," said TCF President John Lynch. "However, our industry is rarely content just meeting goals – we exceed them – so we are now looking to have a total of 15 Founders Club members by the time we meet in San Diego in October."
With LaunchIt's commitment, the 10 members of the TCF Founders Club are:
- ACT-1, the Allied Committee for the Trucking Industry
- Covenant Transport
- Cummins Inc.
- Tommy & Dean Hodges
- J&M Tank Lines Inc.
- LaunchIt Public Relations
- Greg & Val Owen in memory of Josh Owen
- UPS Inc.
- Charles "Shorty" & Ro Whittington
- Yellow Corporation
The Trucking Cares Foundation is the trucking industry's charitable arm, focusing on several core areas, including: humanitarian and disaster relief; eradicating human trafficking; leadership development; strengthening the industry's relationships with law enforcement, the military and veterans' organizations; safety and research opportunities.
For more information on the Trucking Cares Foundation, visit https://www.truckingcares.org/.
American Trucking Associations is the largest national trade association for the trucking industry. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, ATA is the voice of the industry America depends on most to move our nation's freight. Follow ATA on Twitter or Facebook. Trucking Moves America Forward.
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https://www.kxii.com/prnewswire/2022/08/03/trucking-cares-foundation-welcomes-launchit-public-relations-latest-founders-club-member/
| 2022-08-03T13:49:58Z
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Registration is now open for online recycling bootcamp, June 21-22
— For the first time, the Institute is also now offering 10 courses to non-members —
ROCHESTER, N.Y., June 15, 2022 /PRNewswire/ -- The REMADE Institute, a 148-member public-private partnership established by the United States Department of Energy (DOE) with an initial investment of $140 million, today announced a new training bootcamp to accelerate the nation's transition to a Circular Economy.
The live, two-day, online bootcamp in Advanced Fibers Recycling — part of the Institute's REMADE Academy — will take place next week. The training, which focuses on paper recycling, encompasses six courses, and leads to an awareness-level certificate, is scheduled to run from 11:00 am to 4:30 pm ET next Tuesday, June 21, and from 11:00 am to 4:30 pm ET next Wednesday, June 22.
REMADE CEO Nabil Nasr said the upcoming recycling bootcamp is part of REMADE's ongoing efforts to train workers across the United States in next-generation technologies. REMADE training enables the U.S.'s transition to a Circular Economy which reduces energy consumption; decreases greenhouse gas emissions; reduces the use of raw and virgin, or primary, materials; and increases the supply and use of recycled, or secondary, materials. Additional benefits of a circular approach include an increase in manufacturing competitiveness, an increase in supply chain resiliency, and a decrease in dependence on raw materials from outside the U.S.
"For U.S. manufacturing to stay competitive and have ready access to a resilient supply chain, manufacturers nationwide must accelerate their transition to a Circular Economy, and their workers must be trained in next-generation, circular technologies," Nasr said.
Fibers recycling, including paper recycling, is critically important in the U.S. and around the world. Here in the U.S., in our current curbside recycling system, paper and cardboard are frequently contaminated, resulting in more than 17.2 million tons, or 25%, of municipal solid waste (MSW) paper and paperboard ending up in a landfill. Through the Institute's ongoing research, REMADE seeks to remove contaminants, increase recycling rates, and as a result, increase the supply of recycled papers to manufacturers in the U.S.
The bootcamp's six courses are led by Kecheng Li, Ph.D., Professor and Chair of the Department of Chemical and Paper Engineering at Western Michigan University (WMU), and are taught by professors and experts with WMU, Resource Recycling Systems, and other organizations. Courses featured in the bootcamp are:
- Paper Recovery & Processing With a Materials Recovery Facility (MRF) System
- Manufacturing of Paper From Recycling Fibers – Process, Products & Technologies
- Fiber Properties & Paper Physics
- Printing Inks & Deinking in the Paper Recycling Process
- Paper Recycling Pilot Plant & Industry Tour
- Stickies & Organic Materials Characterization & Removal in the Paper Recycling Process
The bootcamp is open to all. Innovators, researchers and leaders in industry, academia, government, and the non-profit sector who are interested in learning more about the U.S.'s transition to a Circular Economy, especially in the areas of paper recycling and fibers recycling, are especially encouraged to attend. A certificate of completion will be issued to participants upon successful passage of a quiz to validate course attendance.
To register for the awareness-level bootcamp, click here. Cost is free for REMADE members and is $1,300 for non-members. Additional fibers recycling courses at both the practitioner level and expert level will be available to Institute members only on-demand.
Through its REMADE Academy, the Institute offers members more than 50 hours of online training content focused on systems analysis, design, materials optimization, remanufacturing and end-of-life, and recycling and recovery of four energy-intensive material classes: metals, plastics/polymers, fibers, and electronic waste.
In addition, for the first time, REMADE is also offering select short courses and certificate courses to non-members for a fee. Besides the upcoming bootcamp, select courses available to non-members include:
- Fundamentals of Mechanical Recycling of Plastic
- End-of-Life and the Circular Economy
- Flexible Plastic Packaging: Industry Landscape, Challenges and Opportunities
- Introduction to Circular Economy and Systems Analysis
- Mechanical Recycling Limitations and Ways to Overcome Limitations
- Mechanical Recycling Testing, Extruding and Recovery
- Plastic Flows Through a MRF
- Product Design Considerations for Plastic Recycling
- Systems Analysis Tools and First Insights from REMADE Projects
To learn more and/or to access these courses now, click here. For more information on the REMADE Academy and the Institute's Education and Workforce Development (EWD) offerings, visit REMADE Academy.
Founded in 2017, REMADE is a 148-member public-private partnership established by the U.S. Department of Energy with an initial investment of $140 million. REMADE is the only national institute focused entirely on the development of innovative technologies to accelerate the U.S.'s transition to a Circular Economy. In partnership with industry, academia, and national laboratories, the REMADE Institute enables early-stage applied research and development that will create jobs, dramatically reduce embodied energy and greenhouse gas emissions, and increase the supply and use of recycled materials. The cumulative embodied energy savings, greenhouse gas reduction and increase in recycled materials use expected to result from this investment is approximately 1 Quad of energy, about 50 million metric tons of CO2equivalent greenhouse gas reduction, and more than a 40 million metric tons per year increase in the supply and use of recycled materials, respectively. For additional information about the REMADE Institute, visit www.remadeinstitute.org.
For additional information contact:
Megan Connor Murphy
Director, Marketing and Communications
REMADE Institute
585-213-1036 office; 585-339-8379 cell
mconnormurphy@remadeinstitute.org
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https://www.mysuncoast.com/prnewswire/2022/06/15/remade-announces-new-training-bootcamp-accelerate-uss-transition-circular-economy/
| 2022-06-15T16:53:09Z
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KU Baseball adds two Kansas natives to roster
LAWRENCE, Kan. (WIBW) - New KU Baseball Head Coach Dan Fitzgerald and his staff have wasted no time reloading the roster since taking over in June.
Fitzgerald has been described as a tireless recruiter, and in his introductory press conference said he was excited to recruit local talent in Kansas.
Two Kansas natives announced their transfers to the program today. Left-handed pitcher and Lawrence native Ethan Bradford has been a Nebraska Cornhusker for the past three years, but is trading the Big Ten for the Big 12 and coming home to be a Jayhawk.
But Bradford isn’t the only pitcher who announced his commitment to the program today. Right-handed pitcher JJ Tylicki, a Shawnee native, is coming to the crimson and blue from Cowley County College.
Two other recent additions announced over the last few days are catcher Cole Elvis, who is making the transfer from UC Berkeley, and infielder Jackson Cobb who is coming from Crowder College in Missouri.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/07/02/ku-baseball-adds-two-kansas-natives-roster/
| 2022-07-03T00:05:08Z
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SUGAR GROVE, Ill. (AP) — Cameron Smith made a pair of 7-foot birdie putts to finish off his round of 4-under 68 and allow him to overtake Dustin Johnson going into the third and final day of the LIV Golf Invitational-Chicago.
As easy as Johnson made it look in the opening round, Saturday at Rich Harvest Farms was such a struggle that he shot over par for the first time in the 14 rounds he has played in the Saudi-funded series.
Johnson was lucky the deficit to Smith was only two shots. He came up well short of the green on the par-4 17th and had to make an 8-foot par putt, while Smith took the lead for the first time with his 7-foot birdie putt.
On their final hole at the par-5 18th, Johnson’s approach took a hard hop over the green. After a free drop from the grandstand, he chipped weakly to 8 feet and missed his birdie putt. Smith was on the other side of the green, lagged a 60-footer to 7 feet and holed that for another birdie.
Smith was at 10-under 134.
They will be joined in the lead group Sunday by Peter Uihlein, the former U.S. Amateur champion who had the low round of the breezy day with a 66. That left Uihlein only three shots behind going into the last day.
Laurie Canter (68) and Charl Schwartzel (69), who won the first LIV Golf Invitational outside London, were four shots behind. The group five back included Lee Westwood, Charles Howell III and Bryson DeChambeau.
Smith won the British Open at St. Andrews and made $2.5 million. A victory Sunday would be worth at least $4 million.
“It was tricky out there today,” Smith said. “I got a couple of breaks and DJ didn’t quite make the putts he usually does.”
Phil Mickelson looked as though he might get a round under par until he made three bogeys in a four-hole stretch and shot 74 to fall 12 shots behind.
Mickelson spoke Friday about the need for the PGA Tour and LIV Golf to work together. The PGA Tour has suspended players for playing in the Saudi-backed series without getting a conflicting-event release.
Mickelson is among seven players — along with LIV Golf — who has filed an antitrust lawsuit against the PGA Tour.
“The PGA Tour for the last 20 or 30 years have had all the best players in the world. That will never be the case again. LIV Golf is here to stay, and this type of divisive talk is doing nobody good,” Mickelson said. “The best solution is for us to come together.
“I think both are needed for the game of golf. Both are good for the game of golf. The inclusion of LIV Golf in the ecosystem of the golf world is necessary,” said Mickelson, a chief recruiter in the early stages for LIV Golf. “As soon as that happens and we all start working together, that’s going to be a really positive thing for everyone.”
In the team competition, Johnson’s four-man squad had a one-shot lead over Smith’s team, with Uihlein’s great round helping put his team — Brooks Koepka is captain — two shots behind.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/ap-smith-overtakes-johnson-for-2-shot-lead-in-liv-golf/
| 2022-09-18T14:51:32Z
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NEW YORK, June 13, 2022 /PRNewswire/ -- Carbyne, the leading provider of cloud-native emergency call handling solutions announces the APEX Multimedia NG911 Suite, specifically designed to help address staffing shortages, mental health of call-takers, emergency response time improvement, incomplete situational awareness, service outages, supporting callers of all abilities, and the need for continuous improvement.
Staffing shortages are addressed by APEX Multimedia NG911 Suite by supporting Virtual Private Network (VPN), Seat Map Wallboard, recorded announcements, and call diversion. The APEX Multimedia NG911 Suite also addresses Mental health by dramatically simplifying this situation by presenting all the information conveniently on a single screen. Additional functionality including a browser-based mobile caller interface, Automatic Call Distribution (ACD), Control Center, and Computer Aided Dispatch (CAD) integrations are designed to improve emergency response times.
Carbyne also addresses incomplete situational awareness by offering Responder Connect, Internet-of-Things (IoT) Application Programmer Interface (API) capabilities, and a Video Wallboard. Furthermore, NG911 i3 ESInet support, autoscaling, automatic region failover, and Zero Trust Architecture security ensure that Service Outages are a thing of the past. Supporting callers of all abilities is enabled via silent instant messaging, live caller video, Teletype (TTY) and Real Time Text (RTT) functionality, and live closed captioning capabilities. The APEX Multimedia NG911 Suite also offers a Queue Wallboard, Events History, and advanced Analytics to address the need for continuous improvement.
For more information about the APEX Multimedia NG911 Suite, please visit www.carbyne.com/apexsuite
Carbyne (Headquartered in New York, NY) is a leading global provider of cloud-native mission-critical contact center solutions. Carbyne is one of the largest rich-data providers for emergency response centers, delivering over 250M data points per year all in a unified platform. Our technologies enable emergency contact centers and select enterprises to connect with callers as well as connected devices via highly secure communication channels without needing to download a consumer app. With a mission to redefine emergency collaboration and connect the dots between people, enterprises and governments, Carbyne provides a unified cloud native solution that provides live actionable data that can lead to more efficient and transparent operations and ultimately save lives. With Carbyne, every person counts. Learn more at www.carbyne.com
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https://www.kxii.com/prnewswire/2022/06/13/carbyne-takes-1-cloud-native-emergency-call-handling-solution-new-heights-with-introduction-apex-multimedia-ng911-suite/
| 2022-06-13T21:32:57Z
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Initiative will leverage technology to remove barriers to providing and accessing mental health care
BALTIMORE and WASHINGTON and NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Today, CareFirst BlueCross BlueShield (CareFirst), the largest not-for-profit health plan in the mid-Atlantic region, announced a collaboration with Headway, a tech-enabled company that expands access to in-network mental health care by removing barriers faced by providers, payers, and the people they serve, to support CareFirst's mental healthcare system. CareFirst identified the opportunity to better enable independent providers through technology and launched a search for this critical capability late in fall 2021. This initiative with Headway will bring a technology-first approach to CareFirst's services, eliminating obstacles to providing and accessing behavioral health while delivering quality, easy-to-access mental health care for all members.
"CareFirst has thousands of incredibly dedicated behavioral health professionals who, in solo practice, don't generally have scheduling websites or office staff, making it difficult for members to access their services. Many other professionals decide not to contract with insurers because of the need to file claims," said Brian Wheeler, Vice President of Provider Collaboration and Network Transformation at CareFirst. "By linking independent providers with the infrastructure to support their businesses, Headway allows members to access the care they need and allows providers to better serve CareFirst members and more efficiently manage their businesses."
Headway's secure online platform is available to CareFirst's network of mental health providers at no cost and will enable efficient scheduling, billing and more. This allows providers to focus on quality care delivery, rather than administrative tasks. In turn, a better supported practitioner network creates a seamless experience for members when they connect with a robust network of independent providers or small mental health practices. Members can browse and book appointments with clinicians based on specialty, demographic information, and real-time availability – and obtain immediate price transparency.
"Headway is singularly focused on building an in-network mental healthcare system that everyone can access. We do this through our single technology infrastructure that removes the barriers faced by mental health providers, health plans, and the patients they serve," said Andrew Adams, Founder and CEO, Headway. "We are incredibly excited to work with CareFirst across the Mid-Atlantic to build a better experience for both providers and members. This value-oriented collaboration will enable CareFirst providers to build thriving practices, members to enjoy an improved consumer experience and easily find an in-network practitioner, and the health plan has the network capacity data and insights to drive optimal access."
"Practitioner-patient matching is important in mental health, maybe even more so than in other types of care," said Wheeler. "Through this initiative, we will further invest in mental health providers, and double down on our efforts to advance equitable care, leveraging data to direct more resources and providers to communities in need."
Headway is providing options for behavioral health providers to participate in CareFirst networks and all existing CareFirst providers will be given the option to voluntarily join Headway. This collaboration with Headway, launching in August 2022, reflects CareFirst's commitment to bolstering mental health resources in the mid-Atlantic region by providing more visibility to the resources available in communities to make mental health support more accessible for all.
In its 85th year of service, CareFirst, an independent licensee of the Blue Cross and Blue Shield Association, is a not-for-profit healthcare company which, through its affiliates and subsidiaries, offers a comprehensive portfolio of health insurance products and administrative services to 3.6 million individuals and employers in Maryland, the District of Columbia and Northern Virginia. In 2021, CareFirst invested $26.2 million to improve overall health, and increase the accessibility, affordability, safety and quality of healthcare throughout its market areas. To learn more about CareFirst BlueCross BlueShield, visit our website at www.carefirst.com and our transforming healthcare page at www.carefirst.com/transformation, or follow us on Facebook, Twitter, LinkedIn or Instagram.
Headway expands access to in-network mental health care by removing the barriers faced by providers, health plans, and the patients they serve. Through custom-built technology, the Headway platform simplifies how providers, patients and health plans work together to deliver measurable, value-oriented care. More than 15,000 credentialed mental health providers across race, gender, ethnicity and specialty deliver quality care through Headway, which currently operates in 14 states and the District of Columbia. Patients can book care in just one click at headway.co, with most attending their first appointment in less than six days. Headway has received venture funding from top investors including Andreesen Horowitz, Accel, Thrive Capital, and GV (formerly Google Ventures). www.headway.co
CareFirst Contact: Media Relations
1-800-914-NEWS (6397)
mediarelations@carefirst.com
Headway Contact: Erik Milster
press@findheadway.com
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https://www.kxii.com/prnewswire/2022/08/02/carefirst-bluecross-blueshield-headway-announce-collaboration-enhance-mental-healthcare-system/
| 2022-08-02T14:50:59Z
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Local moms donating their breast milk in midst of baby formula shortage
SHERMAN, Texas (KXII) -Baby formula has arrived to the United States from Germany after a nationwide shortage.
Moms right here in Texoma have been affected by the baby formula shortage, some moms have started donating their breast milk to help other mothers feed their babies.
“But right now specifically it is hard to get formula and so a lot of moms are choosing to take that route just because that’s what’s available so it does make you feel really good to be able to help those other babies,” Texas mom of four kids Raychel Day said.
After months of infant formulas being recalled for possible contamination of Cronobacter , a shipment of 35 tons of baby formula arrived to the United States on Sunday on a U.S. Military Aircraft from Germany.
“I hope that this issue gets resolved soon like I said because I could not even imagine to think of how I’m going to feed my child I can’t, my heart just breaks for them really like I could not, I don’t know what I would do if I was in their situation and I hope it gets resolved soon for all the moms and babies because it’s just heartbreaking,” Oklahoma mom of two kids Kayla Loven said.
Loven has done both baby formula and breastfeeding for her kids, she said the benefits of breastfeeding, despite the emotions that came with it, is what compelled her to take that route for her second child.
“And having a support system is probably the best thing that could have helped me go over the year mark with him because if not then I’d probably wouldn’t have,” Loven said.
Her son is now too old for breast milk but Loven said she is still able to produce milk and willing to help other moms in need to feed.
“And I would love to just give it to someone that could use it or even my milk isn’t dried up all the way and I would love if I could find a person or moms that needed it just to pump and give it to them because like I said, I could not imagine having to worry about how I’m gonna feed my child,” Loven said.
Day is currently breastfeeding her infant baby and has already donated her breast milk to multiple moms.
“So the moms that are formula feeding I would encourage them to join their local human milk for human babies page and they can try to find breast milk through that cause there’s a lot of moms locally, there’s one for Texas and Oklahoma, that are donating milk currently,” Day said.
Executive Director of the Human Milk Banking Association of North America Lindsay Groff said the American Academy of Pediatrics encourages breastfeeding as the golden standard.
“It does feel really good that I am able to feed him but then have extra to help feed those other babies,” Day said.
Copyright 2022 KXII. All rights reserved.
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https://www.kxii.com/2022/05/24/local-moms-donating-their-breast-milk-midst-baby-formula-shortage/
| 2022-05-24T02:39:01Z
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NEW YORK, July 7, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Waste Management, Inc. ("Waste Management" or the "Company") (NYSE: WM) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Waste Management investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all purchasers of certain Waste Management redeemable senior notes between February 13, 2020 and June 23, 2020. Follow the link below to get more information and be contacted by a member of our team:
WM investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the U.S. Department of Justice had indicated to Waste Management that it would require Waste Management to divest significantly more assets than the $200 million indicated in the merger agreement between the Company and Advanced Disposal Services; (ii) as a result, the merger would not be completed by July 14, 2020, the end date under the merger agreement; and (iii) the Waste Management redeemable senior notes would be subject to mandatory redemption at 101% of par.
WHAT'S NEXT? If you suffered a loss in Waste Management during the relevant time frame, you have until August 8, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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https://www.wibw.com/prnewswire/2022/07/07/wm-lawsuit-alert-levi-amp-korsinsky-notifies-waste-management-inc-investors-class-action-lawsuit-upcoming-deadline/
| 2022-07-07T11:03:04Z
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Optimum Seismic offers free preliminary earthquake retrofit engineering services
LOS ANGELES, April 11, 2022 /PRNewswire/ -- The Culver City Chamber of Commerce has forged a new partnership with a private company to conduct seminars and webinars on the importance of earthquake retrofits for owners and managers of apartment and commercial buildings will be co-sponsored by the Culver City Chamber of Commerce and Optimum Seismic, Inc. on April 18.
Culver City Chamber of Commerce has also arranged for member Optimum Seismic, Inc. to offer free preliminary earthquake retrofit engineering services for apartment building owners and managers during April and May. This special offer includes: a site visit / initial consultation; engineering analysis and design alternatives; an in person meeting to present Optimum Seismic's findings and a fixed construction estimate; and preparation of a soft-story screening report as required by the Culver City ordinance.
"We recommend apartment owners and managers to be proactive in protecting their business, building, employees and tenants from earthquakes and other natural hazards," says Culver City Chamber of Commerce President Maria Jacobo. "We look forward to assisting local apartment owners in the future to make Culver City an even safer place to work, live, and play."
"We appreciate the Culver City Chamber of Commerce being proactive in arranging this webinar to help our community become more resilient to earthquakes," says Göran Eriksson, Culver City Council Member. "Every apartment building that complies with the City's retrofit ordinance makes Culver City an even safer place to live and invest."
The City of Culver City conducted an inventory of buildings which are most vulnerable to serious earthquake damage based on age, construction, and materials. The City adopted a Seismic Retrofit Ordinance in 2021 to make these buildings and their occupants safer from earthquakes.
Culver City houses a large number of older apartment buildings that may have structural issues related to soft-story construction. These buildings feature tuck-under parking spaces that frequently have weak supports for overhead units and may be subject to failure in earthquakes.
"Earthquakes will happen, but they don't have to be disasters," says Ali Sahabi, co-founder of Optimum Seismic, Inc. "Proven safety measures such as seismic retrofits protect the local economy, safeguard the public, and preserve buildings in the event of earthquakes. Seismic retrofits have also been shown to be very cost effective in numerous studies."
In recent years, Culver City Chamber of Commerce has actively participated in numerous educational seminars and webinars led by Optimum Seismic to advance the business community's understanding of the importance of earthquake resilience.
The Culver City Chamber of Commerce has been supporting efforts by the City to make these buildings more secure in earthquakes, and arranged for Optimum Seismic to conduct complimentary informational workshops for local apartment owners and managers.
The expert team at Optimum Seismic has been performing seismic engineering and earthquake retrofit construction in California since 1984. Apartment owners and managers interested in arranging a consultation for preliminary earthquake retrofit engineering may contact Jonathan Salazar at (323) 412-4233 or via email at JSalazar@optimumseismic.com and mention the Culver City Chamber of Commerce.
About Optimum Seismic, Inc.
The Optimum Seismic team has been making California cities safer since 1984 by providing full-service earthquake engineering, steel fabrication and construction services for multifamily residential, commercial and industrial buildings. With more than 3,500 earthquake retrofit and renovation projects completed, Optimum Seismic's work includes soft-story multifamily apartments, unreinforced masonry (URM) buildings and tilt-up, non-ductile concrete and steel moment frame buildings. To arrange a complimentary assessment of your building's earthquake resilience, contact Optimum Seismic at (833) 978-7664 or visit optimumseismic.com.
Media Contact:
Tom Robinson
trobinson@optimumseismic.com
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SOURCE Optimum Seismic, Inc.
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https://www.mysuncoast.com/prnewswire/2022/04/11/culver-city-chamber-partners-with-area-company-conduct-earthquake-retrofit-workshop-april-18/
| 2022-04-11T11:58:08Z
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Five Unique OG NFT Designs Immortalize Former Police Officer & Popular U.S. Political Commentator
NASHVILLE, Tenn., July 19, 2022 /PRNewswire/ -- DeepRedSky, the premium NFT (non-fungible token) marketplace connecting collectors with world-class individuals and brands online, announces the launch of "The Officer Tatum NFT Collection." The exclusive collection showcases and preserves the many facets, messages, and learnings of the widely successful political commentator, entrepreneur, former police officer, and co-founder of BLEXIT. Brandon Tatum's inspiring and empowering experiences come to life through this dedicated collection of NFTs.
"The Officer Tatum NFT Collection" will be limited to 1,500 pieces in total during this OG release and will be delivered to collectors in gumball style when minted at $50 each. The collection features five unique designs with predetermined rarity, with a dedicated utility attached for each design:
NFT Qty: 175 - "Beaten Black and Blue"
NFT Qty: 300 - "Inspire, Educate, Empower"
NFT Qty: 600 - "In the End We Win"
NFT Qty: 125 - "Let's Get Into This!"
NFT Qty: 300 - "Make Men, Men Again"
- The u Collectors are encouraged to mint and hold to gain access to everything: exclusive virtual events, signed merchandise, and more.
- Officer Tatum's 'Beaten Black & Blue' NFT - features Brandon Tatum's career as an officer, and collectors are entered to win a copy of his book with NFT purchase.
- Collect Brandon Tatum's 'Inspire, Educate & Empower' NFT and you'll be entered for a chance to win a ticket to a Brandon Tatum speaking event of your choice.
- The 'In The End We Win' NFT features a patriotic theme and his love for America. Purchase this NFT and be entered to win a specially designed wristband.
- 'Let's Get Into This' NFT is a nod to his podcast and beloved video content. Purchase this exclusive NFT & you may win popular fan merch from his store.
- 'Make Men Men Again' NFT is exclusive to DeepRedSky and features his commitment to manhood. NFT purchasers may win his exclusive Make Men Men Again merch.
Explore Brandon Tatum's exclusive Officer Tatum NFT Collection on DeepRedSky, and learn more at: https://deepredsky.io/sale/officer-tatum/officer-tatum
About DeepRedSky (DRS): The premium marketplace delivers an engaging yet simplified user experience and connects fans and collectors with world-class individuals and brands across politics, media, sports, and the arts. DeepRedSky features creators who share the values of freedom of expression and protection from Big Tech, Big Media, and Big Government. Offering creator-to-peer NFTs with varying degrees of rarity, DeepRedSky is amping up the digital purchase experience through auctions, pack and drops, gumball machine schemas, and instant buys. Collectors can purchase NFTs via credit card and crypto and receive NFTs through any wallet on the Solana blockchain.
About Parler Inc.: Parler has a bold vision to make freedom of expression, security, and privacy a reality through social media and blockchain technology. Over 16 million users have chosen Parler as their social media platform to protect against the authoritarian powers of Big Tech, Big Government, and cancel culture. Parler uses the First Amendment of the U.S. Constitution as a guide, making it possible for people to speak freely without fear of being suspended or labeled 'dangerous' and banned. Parler is the public town hall where everyone is welcome, and civil debate is encouraged around diverse topics. Founded in 2018, Parler is based in Nashville, TN, and has a growing global community of content creators. To learn more, visit https://parler.com or download on the iOS App Store now.
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https://www.wibw.com/prnewswire/2022/07/19/minting-officer-tatum-nft-collection-begins-today-8-amedt-deepredskyio-exclusives-featured-deepredsky-nft-marketplace-powered-by-parler/
| 2022-07-19T21:18:55Z
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MIAMI, June 16, 2022 /PRNewswire/ -- Winston & Strawn LLP announced the addition of two corporate partners in the firm's rapidly growing Miami office: Craig V. Rasile, who joins the Corporate Restructurings practice, and Nicholas E. Rodríguez, who joins the firm's Mergers & Acquisitions practice. Their arrival closely follows that of the initial six partners who launched the firm's Miami office on May 19, 2022. It is expected that additional partners will be announced in the near future.
Craig and Nicholas come from prestigious law firms operating in South Florida. Their extensive and proven track records and experience serve as key additions to the Miami team's ability to provide strategic counseling on sophisticated domestic and international transactions.
"Miami is a magnet for capital formation, innovation, and business growth. That has spurred an increased demand for talented lawyers who can advise our clients on a wide range of matters involving complex transactional work," said Miami Office Managing Partner Enrique J. Martin. "Our two new partners bring the right talent as well as proven local and international market knowledge to address our clients' quickly evolving legal and business needs."
Craig focuses his practice on restructuring and insolvency matters, emphasizing bankruptcy, corporate restructuring, workouts, creditors' rights, and commercial litigation. He represents debtors, trustees, receivers, private equity funds, and official as well as ad hoc committees in the retail, health care, energy, telecommunications, gaming, transportation, logistics, franchise, manufacturing, REIT, and financial institution industries. With years of international experience, Craig has been involved in foreign bankruptcy proceedings in Brazil, the Cayman Islands, Curaçao, Germany, Puerto Rico, St. Thomas, Spain, the United Kingdom, and Venezuela.
Nicholas's diverse corporate practice focuses on representing strategic and private equity investors in complex domestic and cross-border M&A and divestiture transactions, national and international private equity, joint ventures, and restructurings and recapitalizations. He has extensive experience in numerous industries, including technology, software, energy, infrastructure, financial services, media, and telecommunications. Nicholas has represented clients in the United States, Europe, Asia, and Central and South America (including Argentina, Brazil, Chile, Colombia, Costa Rica, the Dominican Republic, El Salvador, Honduras, Nicaragua, Mexico, Panama, Paraguay, and Uruguay).
"These lawyers are a terrific complement to the Miami team's extraordinary capabilities," said Winston Chairman Tom Fitzgerald. "The fact that both of them come from the Miami legal community means they are ready from day one to help us build new avenues of service on behalf of clients operating in this high-powered business destination."
About Winston's Miami Office
Winston & Strawn's Miami office leverages the area's status as a dynamic financial hub, an epicenter of business activity spanning numerous industries, and a critical nexus point for banking and international trade with Latin America and other parts of the world.
The office serves clients representing some of the global economy's strongest and fastest-growing sectors, including complex commercial litigation, mergers and acquisitions, financial services, cryptocurrency and blockchain, real estate, energy and infrastructure, bankruptcy, and Latin America.
Winston & Strawn LLP is an international law firm with 16 offices in North America, South America, Asia, and Europe. More information about the firm is available at www.winston.com.
Contact:
Michael Goodwin
mgoodwin@stantonprm.com
646-502-3595
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SOURCE Winston & Strawn LLP
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https://www.kxii.com/prnewswire/2022/06/16/winston-amp-strawn-adds-two-corporate-partners-firms-newly-launched-miami-office/
| 2022-06-16T13:37:03Z
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Man injured in armed holdup
Published: Jul. 14, 2022 at 9:06 PM CDT|Updated: 40 minutes ago
TOPEKA, Kan. (WIBW) - Topeka Police are looking for a man and woman who held up another man at gunpoint Thursday evening.
It happened just after 5:30 p.m. in the 800 block of N. Kansas Ave.
TPD says a man told officers the suspects got away with some cash. He was taken to the hospital with minor injuries, and is expected to recover.
Police had no further descriptions of the suspects. They continued searching for them Thursday night.
Anyone with information on what happened should call Shawnee Co. Crime Stoppers, 785-234-0007.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/07/15/man-injured-armed-holdup/
| 2022-07-15T02:48:02Z
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Suspect attacked man on stoop, stole cellphone and $6,000, police say
By WCBS Staff
Click here for updates on this story
New York (WCBS) — Police are looking for a suspect in a violent robbery in Brooklyn.
A 44-year-old man was sitting on a stoop when a suspect approached and pushed him to the ground, according to police.
It happened May 15 in Dyker Heights.
The attacker repeatedly punched and kicked the man, and got away with a cellphone and wallet containing $6,000 in cash, police said.
The victim suffered cuts and bruises, but refused medical attention.
Anyone with any information is asked to call the NYPD’s Crime Stoppers hotline at 1-800-577-TIPS (8477), or for Spanish, 1-888-57-PISTA (74782). You can also submit a tip via their website or via DM on Twitter, @NYPDTips. All calls are kept confidential.
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.
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https://localnews8.com/news/2022/05/28/suspect-attacked-man-on-stoop-stole-cellphone-and-6000-police-say/
| 2022-05-28T20:29:22Z
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LONDON, July 22, 2022 /PRNewswire/ -- The third and final stage of Mehracki's (MKI) pre-sale is here. It will last until 22nd August when the meme coin launches. 4.5 billion tokens are available until then.
Mehracki (MKI) is a feel-good meme token built on the Solana (SOL) blockchain, which is notorious for its generous transaction speeds and nominal fees. The token is community-driven, allowing the community to vote on matters concerning the platform through a DAO. Users have a myriad of services and benefits to enjoy in the Mehracki ecosystem. These include staking and yield farming, an NFT marketplace, competitive staking rewards, and practical use cases.
Meme tokens often overlook rewarding users for spending or holding their tokens. However, Mehracki has gamified milestones for increased loyalty and spending, and created incentives for adoption. These are based on active referrals, the amount spent, and merchants purchased from. Each level will attract a reward and a discount on a variety of services, creating a wholesome experience for its users. NFT airdrops will take place in phase 3 of Mehracki's roadmap, and an NFT marketplace will be launched in phase 4. Users will be given NFTs based on their spending milestones and status. The higher the status, the more money the NFT will be worth in the marketplace. Tourism and hospitality businesses can create NFTs that can be purchased for priority reservation bookings and discounts on services. The funds raised from these NFTs can be used for renovations to their businesses or tourist attractions. This way, both the hospitality business and the customer benefit.
With the help of the Solana blockchain, Mehracki can operate with maximum efficiency even during the height of the holiday season. Mehracki will be capable of fast throughput with near-zero downtime. It essentially means there will be no embarrassing moments for users like payments refusing to go through on holiday. Ultimately, Mehracki (MKI) wants to improve their communities' holiday experience while providing additional services for earning. They intend to let their growing community control the platform to ensure their voices are heard and that they are content with Mehracki's progression.
For more information on Mehracki (MKI), please visit the following websites:
Presale: https://buy.mehracki.io/register
Website: http://mehracki.io
Telegram: https://t.me/Mehracki_Official
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https://www.wibw.com/prnewswire/2022/07/22/final-stage-mehrackis-mki-pre-sale-has-begun-what-can-we-expect-when-it-launches/
| 2022-07-22T19:21:23Z
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NEW YORK, Aug. 12, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CVNA, DIS, AAPL, XOM, and TWTR.
Click a link below then choose between in-depth options trade idea report or a stock score report.
Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.
Stock Report - Measures a stock's suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street's opinion including a 12-month price forecast.
- CVNA: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=CVNA&prnumber=081220224
- DIS: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=DIS&prnumber=081220224
- AAPL: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=AAPL&prnumber=081220224
- XOM: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=XOM&prnumber=081220224
- TWTR: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=TWTR&prnumber=081220224
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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https://www.kxii.com/prnewswire/2022/08/12/thinking-about-trading-options-or-stock-carvana-walt-disney-apple-exxon-mobil-or-twitter/
| 2022-08-12T14:08:31Z
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PHILADELPHIA, June 2, 2022 /PRNewswire/ -- On behalf of The Buyer and The Seller, Agent PHL / Compass Commercial has formally announced the sale and settlement of Kensington Courts Flats in Philadelphia, Pennsylvania. The off-market sale was brokered by Ryan McManus, Principal of Agent PHL / Compass Commercial, in a dual-agent transaction.
McManus said, "Kensington Courts is like a micro-city nestled high above the most popular residential submarket in Philly today – Fishtown/Kensington. The Riverwards Group masterfully transformed a 185,000 SF vacant parcel into a diverse new community of townhomes, apartments and retail– carefully balanced with ample parking and green space for its residents – homeowners and renters alike." He said, "Our Client, The Buyer, recognized this unique opportunity to acquire a best-in-class, brand new, stabilized rental community at an attractive basis, located in a growing, yet coveted area which suggests higher-than-average rent growth and asset appreciation for years to come, based on market KPI's and vital investment metrics."
The new construction apartment community built and sold by The Riverwards Group is located in the surging Fishtown/Kensington submarket, where investment demand is accelerating with activity from regional investors chasing yield and quality not found in other pricier East Coast metros like New York, Boston and Washington, D.C.
"Kensington Courts is a model example of a neighborhood-changing development – one that is diverse, spacious and that offers urban city living at prices that are very competitive," said Mo Rushdy, Principal of Riverwards Group. "This development will always be so close to our hearts," he said.
The +/-90,000 SF Property features a straightforward blend of spacious 2-bedroom/2-bathroom apartments atop four (4) commercial spaces throughout five (5) buildings, with modern amenities like a dog run, surface parking, club room and lounge, fitness studio and panoramic rooftop terraces with unparalleled views of the Philly skyline and bridges into New Jersey over the Delaware River.
Said Larry McKnight, Principal of Riverwards Group, "I grew up in Fishtown and saw the decline that areas like Kensington went through; I'm happy that with Kensington Courts, Riverwards Group was a major player in the rise and comeback of this neighborhood."
Please direct future sales enquiries to Ryan@AgentPHL.com or visit our website at www.AgentPHL.com.
Agent PHL was founded in 2016 by Ryan McManus as a full-service hybrid real estate sales firm focused primarily on land development, multifamily investment, and residential new construction listings. The firm has enough talent, tools and resources to compete with blue chip national real estate firms yet remains boutique and nimble enough to service the most distinct, exclusive listings with a neighborhood-based approach to sales. Agent PHL has the local expertise, reputation and connections to be considered the go-to sales team in Philadelphia. Backed by the power of Compass Commercial and its national network of top-producing agents and technology, Agent PHL services an interoffice pipeline of referrals and out-of-region enquiries on behalf of brokers, investors and developers.
RWG is a full-service development company driven by an internal team of qualified real estate professionals whose combined breadth of experience integrates all areas of real estate design and development. Open and clear communication as well as proficient execution enable us to successfully deliver our commitment to the highest standard that will exceed our customers' expectations. Our success over the years derives from the commitments we made a decade ago which formed four company's fundamentals that shapes our work processes, execution and delivery. We strive to create sustainable Luxury homes using the highest quality building practices alongside the development of spacious public areas to secure a high standard of living within the vibrant urban surrounding. Transforming challenging development opportunities into vibrant neighborhoods drive our properties' valuation to secures financial benefits to buyers at settlement and beyond. One of the driving forces behind our team is their deep desire to give back to the community. This talented posse has big plans that include developments built specifically for those who serve their communities. We develop an open and personal dialogue with our customers that contributes to our ability to deliver not only top-notch properties but also an exceptional long life for them and their families.
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https://www.kxii.com/prnewswire/2022/06/02/agent-phl-brokers-75-unit-investment-sale-philadelphia-21338000/
| 2022-06-02T20:30:48Z
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The Smarter Luxury Sleep company's modern take on memory foam is quality that can't be stuffed in a box.
NEW YORK, Sept. 1, 2022 /PRNewswire/ -- Saatva, the Smarter Luxury Sleep company, is pleased to introduce the Memory Foam Hybrid, an ultra-breathable, state-of-the-art memory foam innerspring hybrid mattress. The latest addition to the company's curated collection of handcrafted, American-made mattresses, Memory Foam Hybrid is a fresh, elevated take on memory foam that provides balanced, responsive support for cooler sleep.
Starting at $845, Saatva's Memory Foam Hybrid mattress is a premium luxury alternative to compressed foam mattresses in a box typically sold online, at the best value possible. Folding, rolling, and packing a mattress is great for inexpensive shipping, but it's terrible for the mattress. In addition to compromising the structural integrity of the foam, it can also result in uneven firmness and sinking in some areas, reducing the overall lifespan of the mattress. That's why all Saatva mattresses, including the Memory Foam Hybrid, come with complimentary white glove delivery and in-home setup.
"At Saatva, we believe that quality sleep can't be stuffed in a box. We couldn't be more excited to introduce this cooling, responsive hybrid to our collection for those who want all the comfort of a memory foam mattress with none of the compromises." —Ron Rudzin, CEO, Saatva
Five Luxurious Layers
CertiPUR-US® certified foam layers provide a balance of body contouring and ease of movement, while the triple-phase LuxeCool system actively draws away and disperses body heat for cooler sleep. Memory Foam Hybrid features the patented Lumbar Zone® Technology standard in all Saatva mattresses. Patented Lumbar Zone® Quilting gives more support in the center third of the mattress.
The combination of the body-hugging AirCradle memory foam layer and the 8" pocketed comfort coils gives the mattress a more responsive feel than traditional all-foam mattresses. This allows for greater ease of movement while still providing motion isolation, perfect for active sleepers who change positions through the night.
Additionally, a lumbar support layer of gel-infused memory foam adds pressure relief where the sleeper needs it most.
The mattress comes in a medium firmness ideal for couples with different comfort preferences and is well suited for side, back, and combination sleepers. The design cradles the body and relieves pressure points in the back, hips, and shoulders with the added benefit of a responsive and cooling sleep experience.
Cooling & Responsive Support
Memory Foam Hybrid's unique triple-phase cooling technology comes from its LuxeCool system, which draws excess heat away from the body like a magnet and disperses body heat rather than trapping it in the mattress.
The Memory Foam Hybrid features enhanced lower back support through its patented Lumbar Zone® Technology. This lumbar support helps relieve back pain by keeping your spine in healthy alignment. Premium AirCradle memory foam provides a body-contouring feel and excellent pressure relief, while durable pocketed coils create a responsive feel and provide greater ease of movement and motion isolation.
Made locally with eco-friendly materials
Like all Saatva mattresses, the Memory Foam Hybrid is handcrafted in the U.S. using organic cotton and finished with Guardin™, a nontoxic, botanical antimicrobial treatment. It contains eco-friendly foams that meet the CertiPUR-US® standards for health and environmental safety and has a flame retardant barrier made from natural thistle pulp and natural wool (rather than chemical sprays or fiberglass). Discover this innovative memory foam-innerspring hybrid designed for cooler sleep in Saatva's Viewing Rooms nationwide and on Saatva.com.
Learn more about the Memory Foam Hybrid Mattress and request the press kit here.
About Saatva
Established in 2010, Saatva is the original DTC mattress industry disruptor, founded on the principle that everyone deserves healthy and restorative sleep on a quality bed. All of Saatva's handcrafted, eco-friendly mattresses are made to order in the USA with premium materials that meet the highest health and environmental safety standards. Saatva mattresses are always hand-delivered and set up in the customer's home, never compressed in a box for doorstep shipping.
The company offers best-in-class mattresses in five major categories — hybrid innerspring, memory foam, natural latex, adjustable firmness, plus youth/crib mattresses—as well as designer bed frames and a full collection of luxury bedding products. Made with recycled steel, organic cotton, and CertiPUR-US® foams, Saatva's mattresses reflect the company's commitment to green principles and practices.
Today, Saatva is the premier online retailer of luxury mattresses in the country, with 19 U.S. factories and 150 delivery partners nationwide, and has appeared five times on the Inc. 5000 Fastest-Growing Private Companies in America. The company remains at the forefront of the retail transformation, with a nationwide rollout of immersive, state-of-the-art Viewing Rooms where visitors can experience the full range of products and explore the brand with the help of the latest retail technology.
Through accessible prices, complimentary white glove delivery, in-home trial, and 24/7 customer care, Saatva provides customers with an unparalleled mattress buying experience that truly embodies the meaning of Smarter Luxury Sleep.
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SOURCE Saatva
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https://www.mysuncoast.com/prnewswire/2022/09/01/saatva-introduces-memory-foam-hybrid-mattress/
| 2022-09-01T13:26:01Z
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Which over-ear headphone is best?
Those hoping to find the best over-ear headphones are unlikely to be disappointed in today’s headphone market since there is now a wide range of varieties, styles and features you can find in the average pair of headphones. Still, it’s most important to consider what you find valuable in over-ear headphones if you want to get as much use out of them as possible for the long haul.
It’s hard to go wrong in today’s headphone market, and you almost can’t go wrong with the Bose 700 Noise-Cancelling Bluetooth Over-Ear Headphones.
What to know before you buy over-ear headphones
Over-ear headphones vs. earbuds
While the term over-ear headphones simply applies to headphones that fit over the user’s ears, various headphones are available today. The best over-ear headphones simply offer whatever style works best for the user’s needs, but the term also generally excludes earbuds or hybrid earbuds with ear ridge supporters, neckbands or other non-over-ear fitting speaker cup styles.
Wired vs. wireless headphones
There are several high-quality headphone offerings in both wired and wireless varieties, though many users who don’t need high-resolution audio find wireless over-ear headphones most convenient.
Studio headphones vs. regular listening headphones
If you’re looking for over-ear headphones for professional or studio use, it’s worth considering styles that are suitable to hear every single detail in your audio. The regular listener may be able to get away with just about any cheap over-ear headphones, but those who require a higher standard of audio will want to consider the frequency response of a given model. The serious audiophile may also want to consider buying open-back headphones.
What to look for in quality over-ear headphones
Audio features like ambient listening and noise cancellation
Many buyers prefer over-ear headphones with features like active noise cancellation or ambient listening, among others like adaptive equalization and multiple audio modes. However, this will largely depend on how you plan to use your headphones. For example, professionals may prefer headphones with no added audio features but instead sport a wide-ranging frequency response.
Built-in microphone
Most over-ear Bluetooth headphones today also come with a built-in microphone, allowing users to take phone calls with ease or use voice commands with systems like Google Assistant or Alexa.
Comfortable fit and style
Many buyers won’t be able to tell the difference between the audio from headphone to headphone and instead elect to find headphones with a comfortable fit or a preferred style. Headphones with thin headbands are often preferable as well as those with adjustable or lightweight speaker cups. Audio engineers or audiophiles may also prefer headphones in the open-back style, which can naturally remove unwanted noise and reduce pressure on the user’s ears and the headphone speakers themselves.
How much you can expect to spend on over-ear headphones
There are a few outliers, but in general, you can expect to spend between $30-$500 on a pair of over-ear headphones — unless you’re looking for an extremely budget-friendly model or one for high-fidelity professional use.
Over-ear headphones FAQ
Are over-ear headphones better than earbuds?
A. While it would be tough to say that over-ear headphones are better than earbuds (since headphones are so preferential and dependent upon individual use habits), many of the market’s most high-fidelity headphones come in over-ear style rather than earbuds. Many high-tier earbuds do offer good audio quality, but it’s tough to compete with a pair of headphones that can actually put a small speaker up to the listener’s ear.
Are all over-ear headphones noise-cancelling
A. No, not all over-ear headphones are noise-canceling. In fact, many of the highest-quality headphone models don’t include noise-canceling since audio engineers often want to hear the purest, effect-free audio possible.
What is the best over-ear headphone to buy?
Top over-ear headphones
Bose 700 Noise-Cancelling Bluetooth Over-Ear Headphones with Built-in Microphone
What you need to know: These powerful over-ear headphones offer superior Bluetooth audio quality, and they also feature a thin, built-in microphone for phone calls and voice commands and a thin, comfortable headband.
What you’ll love: Superior audio quality with active noise cancellation and an adaptive microphone system, making it easier to tune into your audio or your surroundings when needed. This unit is sold in triple black or silver luxe, both of which feature a thin, comfortable headband.
What you should consider: These over-ear headphones are quite a bit more expensive than some other headphones, despite having only slightly better audio quality than many mid-tier headphone models.
Where to buy: Sold by Amazon
Top over-ear headphones for the money
Sony WH-CH510 Wireless Bluetooth Over-Ear Headphones with Built-In Microphone
What you need to know: These economy-level over-ear headphones offer great sound and impressive battery life for a low cost, showing off why it works to go with a trusted audio brand like Sony.
What you’ll love: Beyond being super affordable, Sony’s cheapest over-ear Bluetooth headphones offer decent audio quality and a built-in microphone. They also offer up to impressive 35 hours of battery life, making them great for long-term use between charges. This model comes in black, white or blue.
What you should consider: Some buyers complained that this model’s Sidetone feature isn’t as intuitive as expected and that the microphone’s audio isn’t that impressive.
Where to buy: Sold by Amazon
Worth checking out
AKG Pro Audio K612 PRO Reference Monitor Open-Back Wired Over-Ear Headphones
What you need to know: If you’re looking for high-fidelity studio headphones, these open-back over-ear headphones from AKG offer an impressive audio and frequency response at a super reasonable price.
What you’ll love: These wired reference headphones have a frequency response of 12 hertz to 39,000 hertz, and their open-back design helps reduce pressure and unwanted noise on the headphone speakers. The audio utilizes AKG’s patented Varimotion diaphragm technology in each driver for an immersive listening experience.
What you should consider: Some users say they prefer wireless Bluetooth headphones or headphones with a built-in microphone. These headphones aren’t great for use in loud, public locations.
Where to buy: Sold by Amazon
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https://cw33.com/reviews/br/electronics-br/headphones-br/best-over-ear-headphones/
| 2022-06-18T19:30:01Z
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MISSION, Texas, Aug. 9, 2022 /PRNewswire/ -- After attending the Battery Show Europe 2022, the Council of South Texas Economic Progress (COSTEP) team made some important observations.
"Battery based electrification is a mega trend that trickles across many industries and develops opportunities for new careers and skillsets," Matt Ruszczak, VP of Economic Development, said.
As more and more powerful batteries run everything from handheld devices, over electric vehicles, up to and including heavy duty equipment, that changes how everyday life will look like in the not to distant future. Which leads the COSTEP team to think bigger and beyond just the manufacturing of the battery.
"When folks think of manufacturing, they think we need to have engineers or technicians on the production and assembly lines," Ruszczak said. "But if the world makes this massive paradigm shift in electrification, how will we handle the re-use of a battery, the recycling of the battery, the repair of a battery, etc.?"
The battery industry's skills needs include electrical chemists, robotics experts, mechanical and electrical engineers, software developers, and many more.
"We don't have a battery industry facility in Rio South Texas, yet, but we need to prepare for it," Adam Gonzalez, Senior VP of Program and Sponsor Development, said. "We will need to have the workforce available, so let's invest in that now so that we are ready when the battery industry comes to Rio South Texas."
Modern batteries are made up of advanced materials and are highly sophisticated devices, which require specific handling and treatment. That means careful thought needs to be taken into how they are transported. To safely transport batteries, there is a need for specialized containers, handlers with know-how, specific safety inspections, and specialized storage.
The Rio South Texas region is a major player in North American logistics, offering road, rail, air, and waterborne transportation. Maintaining the region's position at the Heart of the North American Supply Chain for the emerging battery industry means focusing the region's infrastructure and workforce development on the needs of battery production and transportation. If successful, the battery industry could bring many new job opportunities and economic growth to Rio South Texas.
COSTEP is focused on advancing prosperity in Rio South Texas through a strategic framework for regional economic development. For more information, visit our website www.costep.org today or follow us on social media @COSTEP.
Contact: Matt Ruszczak, +1.956.682.6371, info@costep.org
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SOURCE Council for South Texas Economic Progress
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https://www.mysuncoast.com/prnewswire/2022/08/09/preparing-rio-south-texas-battery-boom/
| 2022-08-09T12:11:16Z
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Five-year network services contract strengthens connectivity and collaboration across the European Space Agency
LONDON, June 8, 2022 /PRNewswire/ - DXC Technology (NYSE: DXC) has been awarded a multi-year contract to deliver network and security services to provide the European Space Agency (ESA)'s international workforce of scientists, engineers and IT specialists with scalable and secure network services enabling them to collaborate seamlessly from anywhere on their space activities.
Through the agreement, DXC will contribute to ESA's work to develop Europe's space capability, helping enable missions that study the Universe, explore our Solar System and orbit Earth, obtaining crucial data that allow us to monitor and mitigate the effects of climate change.
DXC will help transform ESA's terrestrial network environment with the latest software-defined network technology designed to improve network scalability, performance, and security. As a result, ESA's global workforce will collaborate more efficiently with colleagues and international partners on some of the world's leading science and exploration missions. In parallel, the implementation of DXC's Platform X, a new data-driven intelligent automation platform, will enable ESA to achieve a state of silent operations for its network and security systems.
"We are proud to extend our successful, 14-year relationship with ESA," said Chris Halbard, EMEA President, DXC Technology. "This is the ultimate example of 'mission-critical' and how a leading global organization relies on our experts and solutions for research which is literally critical to the future of the world."
Filippo Angelucci, ESA's Chief Information Officer, said: "Ensuring reliable core IT services to our user community has helped us operate without interruptions during the Covid-19 crisis. However, the new normal has also accelerated the pace of change within the Agency and the demand for more advanced and secure infrastructure."
"We expect DXC to work with us to further accelerate our IT transformation toward more flexible and secure platforms to support our user communities in their relentless quest for innovative solutions."
DXC's Global Network Services, including campus and geographical area networks, remote access, network security solutions and services and service management integration via DXC's Platform X, will enable ESA to manage highly complex projects with confidential data to support the next chapter of space exploration and create new markets for space technologies.
About DXC Technology
DXC Technology (NYSE: DXC) helps global companies run their mission critical systems and operations while modernizing IT, optimizing data architectures, and ensuring security and scalability across public, private and hybrid clouds. The world's largest companies and public sector organizations trust DXC to deploy services across the Enterprise Technology Stack to drive new levels of performance, competitiveness, and customer experience. Learn more about how we deliver excellence for our customers and colleagues at DXC.com.
More information on the European Space Agency via: http://www.esa.int
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https://www.wibw.com/prnewswire/2022/06/08/dxc-boosts-connectivity-space-exploration/
| 2022-06-08T08:31:02Z
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New virtual care platform helps health systems widen their own digital front doors.
CHICAGO, Aug. 17, 2022 /PRNewswire/ -- KeyCare, Inc., the nation's only virtual-first care platform built with Epic, today announced the closing of $24 million in series A funding backed by 8VC, LRVHealth, Bold Capital, and Spectrum Health Ventures.
KeyCare offers health systems the ability to easily augment their care teams, optimize capacity, and widen their digital front doors by partnering with a nationwide network of virtual care groups. Patients can schedule appointments with a variety of Virtualists via their own health system's MyChart portal or call center. Virtualists then complete the encounter on KeyCare's Epic platform, thus ensuring a seamless experience and interoperable records.
"People expect a connected and convenient digital care experience," said Alan Hutchison, vice president of population health at Epic. "Rather than routing them through a disconnected, standalone system, KeyCare unifies the virtual care experience in concert with participating hospitals and health systems."
"KeyCare is addressing health systems' critical need for staffing options that provide patients with high-quality, integrated virtual care," said Sebastian Caliri, partner at 8VC. "By building with the Epic platform and working closely with health systems, KeyCare is in a unique position to improve patient access, expand provider capacity, and streamline care delivery across the country -- for example, by giving patients access to 24/7, 50-state urgent care Virtualists through connected Epic platforms."
As of July 2022, KeyCare has launched their system by providing services to BHSH System's Spectrum Health West Michigan Division. "Working with KeyCare allows us to provide a tremendously convenient experience for our patients, while ensuring quality via robust data sharing and streamlined clinical workflows between our two Epic instances," said Mandy Reed, BHSH Spectrum Health West Michigan's Director of Virtual Health Operations. "After working with numerous telehealth providers in the past, I can say with confidence that there is no other virtual care platform that can match KeyCare's capabilities."
"We created KeyCare to make sure health systems had better options for expanding virtual care services to their patients in the most convenient and safest way possible," said Lyle Berkowitz, MD, founder and CEO of KeyCare. "Being part of the Epic community helps ensure we have an incredibly powerful tech stack with easy connectivity to the majority of health systems in the nation. And there is no better health system partner to kick things off with than the forward-thinking team at Spectrum Health."
The Chicago and Madison-based virtual care company will use the proceeds of the Series A investment to increase its staff and prepare for rapid growth sparked by demand for virtual care services from large healthcare organizations.
KeyCare and Spectrum Health will be presenting more details about their innovative use of the Epic platform and its Telehealth Anywhere technology at Epic's User Group Meeting August 22 to 24 in Verona, Wisconsin.
About KeyCare
KeyCare is an Epic-based virtual care platform designed to help forward-thinking health systems improve access and quality by expanding their virtual care options for patients. With KeyCare, health systems can easily augment their care teams and widen their digital front doors.
KeyCare offers health systems access to a network of independent virtual care providers working on KeyCare's Epic-based platform. Health systems can start with nationwide virtual urgent care coverage, and then may add other virtual health services based on their virtual care initiatives. To learn more about KeyCare, visit www.keycare.org.
Media Contact:
KeyCare
Grace Vinton, Amendola Communications
203-561-8935
gvinton@acmarketingpr.com
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https://www.kxii.com/prnewswire/2022/08/17/keycare-expands-nations-only-virtual-first-care-platform-built-with-epic-via-24m-series-investment/
| 2022-08-17T12:59:10Z
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CLEVELAND, June 30, 2022 /PRNewswire/ -- The COVID-19 pandemic accelerated expansion of private sector packaging sustainability targets, even as the pandemic has caused public sector efforts to slow somewhat, finds a new Freedonia Group analysis. Key packaging sustainability targets include:
- source reduction (i.e., reducing packaging material volume)
- improved recycling rates, especially for plastics
- increased use of materials that are biodegradable and/or compostable
- increased use of recycled content in packaging
- expansion of reusable packaging programs
Packaging sustainability has been most pronounced in the food, beverage, and consumer markets, with major packaging firms as well as end users – including Nestlé, Keurig Dr Pepper, PepsiCo, and L'Oréal – announcing aggressive new goals for packaging sustainability and introducing packaging solutions to meet established ones.
Efforts have also grown in the e-commerce market. For instance, in 2021, major shipping concerns in Europe launched reusable e-commerce packaging solutions that could translate to the US market.
However, the pandemic also introduced some constraints to packaging sustainability
Still, the COVID-19 pandemic did constrain progress in packaging sustainability to an extent, especially in the public sector. For instance, early in the pandemic, a number of state and local governments suspended some of the restrictions on plastic retail bags and single-use foodservice products that have proliferated across the country in recent years. While most of these measures were lifted within the first year of the pandemic, they stymied momentum on curbing plastic bag consumption.
Corporate packaging sustainability efforts were also hindered by issues in some markets with packaging availability, supply chain disruptions, and material pricing increases. Additionally, limited availability of recycled material due to supply chain disruption forced some end users to reduce consumption of post-consumer recycled (PCR) in packaging production. Similarly, the sharp rise in e-commerce boxes being shipped to consumers exacerbated a longer term decline in paperboard recycling rates.
Want to Learn More?
Sustainability in Packaging is focused on identifying key trends in sustainability in the packaging industry, including:
- shifts in material mix toward more sustainable alternatives to virgin plastics (e.g., paper, bioplastics, molded fiber, recycled materials, reusable packaging)
- packaging producer and end user sustainability efforts and target goals
- product innovation in compostable, biodegradable, recyclable, and lightweight packaging
- expansion of packaging reuse programs
- supply and demand for recycled content
- regulatory changes affecting demand for sustainable packaging
Sustainability trends are analyzed by leading packaging material (plastic, paper and paperboard, metal, glass, molded fiber) and in terms of packaging producer and end user sustainability goals. Historical data and forecasts for overall packaging demand and key market segments (food, beverage, pharmaceuticals, foodservice disposables, and other markets including e-commerce) are also provided. Additionally, profiles of select packaging products, markets, and materials are highlighted. Consumer survey data related to packaging sustainability collected by The Freedonia Group are also presented.
About the Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.
Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com
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SOURCE The Freedonia Group
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https://www.kxii.com/prnewswire/2022/06/30/pandemic-accelerates-expansion-private-sustainability-targets-while-public-efforts-slow/
| 2022-06-30T14:18:12Z
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SHANGRAO, China, Aug. 22, 2022 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module manufacturers in the world, today announced that since August 15, 2022, the local government of Sichuan province, where certain of JinkoSolar' s manufacturing facilities are located, has imposed province-wide power rationing measures to ease the power shortage in the region. As a result of these measures, the production capacity of JinkoSolar' s manufacturing facilities in Sichuan province has been temporarily affected.
JinkoSolar is actively monitoring the situation and has implemented various measures to minimize the adverse impact from the power rationing on its business operations and financial performance, including but not limited to having its other manufacturing facilities assume more production, and actively communicating with the local government about power supply related matters. However, as it remains uncertain how long the power rationing measures will persist and when JinkoSolar's Sichuan manufacturing facilities can resume full production, JinkoSolar is currently unable to evaluate the extent to which its business operation and financial performance for full year 2022 will be affected.
About JinkoSolar Holding Co., Ltd.
JinkoSolar (NYSE: JKS) is one of the largest and most innovative solar module manufacturers in the world. JinkoSolar distributes its solar products and sells its solutions and services to a diversified international utility, commercial and residential customer base in China, the United States, Japan, Germany, the United Kingdom, Chile, South Africa, India, Mexico, Brazil, the United Arab Emirates, Italy, Spain, France, Belgium, Netherlands, Poland, Austria, Switzerland, Greece and other countries and regions. JinkoSolar has built a vertically integrated solar product value chain, with an integrated annual capacity of 40.0 GW for mono wafers, 40.0 GW for solar cells, and 50.0 GW for solar modules, as of March 31, 2022.
JinkoSolar has 12 productions facilities globally, 21 overseas subsidiaries in Japan, South Korea, Vietnam, India, Turkey, Germany, Italy, Switzerland, the United States, Mexico, Brazil, Chile, Australia, Canada, Malaysia, UAE, and Denmark, and global sales teams in mainland China, the United States, Canada, Germany, Switzerland, Italy, Japan, Australia, Korea, India, Turkey, Chile, Brazil, Mexico and Hong Kong, as of March 31, 2022.
To find out more, please see: www.jinkosolar.com
Safe Harbor Statement
This press release contains forward-looking statements. These statements constitute "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates" and similar statements. Among other things, the quotations from management in this press release and the Company's operations and business outlook, contain forward-looking statements. Such statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks is included in JinkoSolar's filings with the SEC, including its annual report on Form 20-F. Except as required by law, the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
For investor and media inquiries, please contact:
In China:
Ms. Stella Wang
JinkoSolar Holding Co., Ltd.
Tel: +86 21-5180-8777 ext.7806
Email: ir@jinkosolar.com
Mr. Rene Vanguestaine
Christensen
Tel: +86 178 1749 0483
Email: rvanguestaine@ChristensenIR.com
In the U.S.:
Ms. Linda Bergkamp
Christensen, Scottsdale, Arizona
Tel: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
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https://www.kxii.com/prnewswire/2022/08/22/jinkosolars-sichuan-manufacturing-facilities-subjected-power-rationing-measures/
| 2022-08-22T07:12:38Z
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NEW YORK (AP) — A New York judge said Wednesday he will lift Donald Trump’s contempt of court order if the former president meets conditions including paying $110,000 in fines he’s racked up for being slow to respond to a civil subpoena issued by the state’s attorney general.
Judge Arthur Engoron said he will lifthis finding of contemptif Trump submits additional paperwork by May 20 detailing efforts to search for the subpoenaed records and explaining his and his company’s document retention policies.
Engoron found Trump in contempt on April 25 and fined him $10,000 per day for not complying with New York Attorney General Letitia James’ subpoena, issued as part of a long-running investigation into Trump’s business practices.
James, a Democrat, has said her three-year investigation has uncovered evidence that the former president’s company misstated the value of assets like skyscrapers and golf courses on financial statements for over a decade.
Trump has denied the allegations, calling James’ investigation “racist” and a “witch hunt.” James is Black.
Trump’s lawyers contend James is using her civil investigation to gain access to information that could then be used against the Republican former president in a parallel criminal investigation being conducted by the Manhattan District Attorney, Alvin Bragg, also a Democrat.
The legal battle between James and Trump was also playing out Wednesday before a midlevel state appeals court, which was hearing arguments in a related subpoena matter: Trump’s appeal ofthe judge’s Feb. 17 rulingrequiring him to answer questions under oath in the investigation.
Trump wants to avoid having to speak with the investigators.
In a statement Wednesday, James praised Engoron’s handling of the contempt allegation.
“For years, Mr. Trump and the Trump Organization have tried to thwart our lawful investigation, but today’s decision makes clear that no one can evade accountability,” James said in a statement. “We will continue to enforce the law and seek answers as part of this investigation.”
A message seeking comment was left with Trump’s lawyer.
Engoron ordered Trump to pay $110,000 because that is the total amount of fines he accrued through May 6, when Trump’s lawyers submitted 66 pages of court documents detailing the efforts by him and his lawyers to locate the subpoenaed records.
The judge required that a company Trump hired to aid in the search, HaystackID, finish going through 17 boxes kept at an off-site storage facility, and for that company to issue a report on its findings and turn over any relevant documents.
Engoron said he could reinstate the fine, retroactive to May 7, if the conditions he set forth are not met. He instructed Trump to pay the money directly to James’ office and for the attorney general to hold the money in an escrow account while Trump’s legal team appeals the original contempt finding.
James asked Engoron to find Trump in contempt of court after he failed to produce any documents to satisfy a March 31 deadline to meet the terms of her subpoena. She sought documents pertaining to his annual financial statements, development projects, and even communications with Forbes magazine, where he sought to burnish his image as a wealthy businessman.
One of Trump’s lawyers, Alina Habba, said in a May 6 court filing that the former president responded to the subpoena completely and no relevant documents were withheld. She said Trump’s team looked for records at his offices and private quarters at his golf club in Bedminster, New Jersey, and his residence in Florida but didn’t find anything relevant that hadn’t already been produced. Her filing also detailed searches of other locations including file cabinets and storage areas at the Trump Organization’s offices in New York.
In a separate sworn affidavit included with the filing, Trump stated there aren’t any relevant documents that haven’t already been produced.
He added that he owns two cell phones: an iPhone for personal use that he submitted in March to be searched as part of the subpoena, then submitted again in May; plus a second phone he was recently given that’s only used to post on Truth Social, the social media network he started after his ban from Twitter, Facebook and other platforms.
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Follow Michael Sisak at twitter.com/mikesisak
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https://cw33.com/business/ap-business/judge-trump-must-pay-110k-meet-conditions-to-end-contempt/
| 2022-05-11T21:18:16Z
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Emerald Audio to Release Two New Podcasts, Jane Green's "Rainbow Girl," and Jenna Blum's "The Key of Love"
Premium Podcast Network Offers Original Audio Content Curated by Nationally Recognized Storytellers
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- Gemini XIII, the podcasting and radio industries' new home for premium audio content and services, announces it has partnered with Jane Green, author of 18 New York Times bestselling books and a global household name in commercial women's fiction, to form Emerald Audio, a new premium podcast network creating connection and community through authentic female-led storytelling.
Emerald introduces a new chapter in digital audio by telling great scripted stories combining two of the most intimate mediums: the written word and the power of audio. The network will feature original scripted audio content by a collection of nationally recognized storytellers. The first podcast to be produced by Emerald Audio is Jane Green's Rainbow Girl, the story of a crumbling rock star marriage mired in drugs, infidelities, and black magic, set in 1979 and based on the characters from Green's newest book, "Sister Stardust," which was released in April.
Emerald Audio's second release will be The Key of Love by Jenna Blum, New York Times and international bestselling author of "Those Who Save Us" and "The Lost Family". The Key of Love is a love story set in Boston's historic Back Bay during the height of WWII, when Europe is embroiled, and America is entering the war.
Jane Green, Co-Founder, Emerald Audio, commented: "In today's world, there are so many more ways for people to tell their stories outside of traditional publishing. To be focused on female-driven stories in the podcast medium is the most exhilarating thing I have worked on in years. Fiction, particularly female-driven fiction, is at the very beginning of its growth in that area, and there are so many opportunities for strong, powerful stories aimed at women. I couldn't be more honored, and excited to work with Spencer, Charles and the entire team at Gemini XIII."
Spencer Brown, CEO, Gemini XIII, said: "We believe that media companies with a clear niche focus are the best way to reach targeted audiences. Emerald Audio will build upon Jane's success in the publishing world and create narrative fiction stories that will entertain listeners around the world. We are excited that Jenna Blum will be writing Emerald's second release and look forward to adding other talented authors to our platform."
For more information, visit: emeraldaudio.net.
Jane Green is the author of 21 novels, including 18 New York Times bestsellers. She has over 10 million books in print, is published in over 25 languages, and has several books in development for film and tv. Her new book, Sister Stardust (Hanover Square Press), is her first foray into biographical fiction, telling the story of Talitha Getty in Marrakech in the late sixties. For more information, visit: https://www.janegreen.com/.
Gemini XIII serves the audio industry with premium content, production, and marketing services for podcasting and radio. The company is based in New York, with offices in Dallas and Sydney, Australia. For more information about Gemini XIII, visit www.gemini13media.com.
Contact: Lisa Dollinger, Dollinger Strategic Communication for Gemini XIII, 512.633.4084, lisa@dollcomm.com
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https://www.mysuncoast.com/prnewswire/2022/08/17/gemini-xiii-joins-forces-with-18-time-new-york-times-bestselling-author-jane-green-launch-emerald-audio-new-female-led-podcast-network/
| 2022-08-17T13:51:33Z
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CLEVELAND, May 24, 2022 /PRNewswire/ -- KeyCorp (NYSE: KEY) announced today that Chris Gorman, Chairman and Chief Executive Officer, and Don Kimble, Vice Chairman and Chief Financial Officer, will present at the Morgan Stanley US Financials, Payments & CRE Conference in New York City on Monday, June 13, 2022, at 1:45 p.m. ET.
KeyCorp plans to review its performance, strategy, and outlook. The live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. If you are unable to join the live conference call, or wish to hear a re-broadcast, access www.key.com/ir and select Events & Presentations.
KeyCorp's roots trace nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $181.2 billion at March 31, 2022. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com. KeyBank is Member FDIC.
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https://www.mysuncoast.com/prnewswire/2022/05/24/keycorp-present-morgan-stanley-us-financials-payments-amp-cre-conference/
| 2022-05-24T21:54:49Z
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- Momentum continued into first quarter with comparable sales growth of 5.1 percent year over year and 33.5 percent on a two-year basis, on top of record comparable sales a year ago
- Delivered fourteenth consecutive quarter of comparable sales growth
- Revenue growth of 4.3 percent, net income growth of 227 percent and strong Adjusted EBITDA1 growth of 5.4 percent
- Earnings per share of $0.09, up $0.06 or 226 percent from prior year; Adjusted Earnings Per Share1 of $0.17 consistent with prior year
- Maintained full year guidance, with revenue of $6.15 billion to $6.25 billion; Adjusted EBITDA1 between $630 million and $645 million, and Adjusted Earnings Per Share1 between $0.97 and $1.00
SAN DIEGO, May 24, 2022 /PRNewswire/ -- Petco Health and Wellness Company, Inc. (Nasdaq: WOOF), a complete partner in pet health and wellness, today announced its first quarter 2022 financial results, which reflected increases in both comparable sales and profitability, on top of record comparable sales a year ago.
In the first quarter of 2022, Petco delivered net revenue of $1.48 billion, up 4.3 percent versus prior year. Net income improved by $17.1 million from prior year to $24.7 million or $0.09 per share. Adjusted Net Income1 increased $1.7 million to $46.1 million or $0.17 per share, consistent with prior year.
"Petco's strong Q1 results were driven by our incredible team's 'no excuses' execution approach, a pet category that continues to surge, and the power of our one-of-a-kind end to end offering that now includes over 200 fully owned veterinary hospitals," said Ron Coughlin, CEO of Petco. "This is our 14th consecutive growth quarter and we are confident that continued category momentum – combined with our differentiated services, merchandise and advantaged Retail 3.0 omnichannel capabilities – positions us to continue delivering growth."
Fiscal Q1 2022 Operating Results:
Comparisons are first quarter of 2022 ended April 30, 2022 versus first quarter of 2021 ended May 1, 2021 unless otherwise noted
First quarter results demonstrated continued operational excellence, while simultaneously delivering on the promise of purpose driven performance.
- Net revenue increased 4.3 percent to $1.48 billion driven by comparable sales growth of 5.1 percent
- Net income increased $17.1 million to $24.7 million or $0.09 per share
- Adjusted Net Income1 increased $1.7 million to $46.1 million or $0.17 per share
- Adjusted EBITDA1 increased $6.8 million to $132.6 million
Fiscal 2022 Guidance:
Petco has maintained its full year 2022 financial guidance as previously stated, and as set out in the schedules below.
Earnings Conference Call Webcast Information:
Management will host an earnings conference call on May 24, 2022 at 8:30 AM Eastern Time to discuss the company's financial results. The conference call will be accessible through live webcast. Interested investors and other individuals can access the webcast, earnings release, earnings presentation, and infographic via the company's investor relations page at ir.petco.com. A replay of the webcast will be archived on the company's investor relations page through June 7, 2022 at approximately 5:00 PM Eastern Time.
About Petco, The Health + Wellness Co.:
Founded in 1965, Petco is a category-defining health and wellness company focused on improving the lives of pets, pet parents and our own Petco partners. We've consistently set new standards in pet care while delivering comprehensive pet wellness products, services and solutions, and creating communities that deepen the pet-pet parent bond. We operate more than 1,500 pet care centers across the U.S., Mexico and Puerto Rico, which offer merchandise, companion animals, grooming, training and a growing network of on-site veterinary hospitals and mobile veterinary clinics. Our complete pet health and wellness ecosystem is accessible through our pet care centers and digitally at petco.com and on the Petco app. In tandem with Petco Love (formerly the Petco Foundation), an independent nonprofit organization, we work with and support thousands of local animal welfare groups across the country and, through in-store adoption events, we've helped find homes for more than 6.5 million animals.
Forward-Looking Statements:
This earnings release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 as contained in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, concerning expectations, beliefs plans, objectives, goals, strategies, future events or performance and underlying assumptions and other statements that are not statements of historical fact, including statements regarding our fiscal year 2022 guidance, our growth plans, and execution on our transformation initiatives. Such forward-looking statements can generally be identified by the use of forward-looking terms such as "believes," "expects," "may," "intends," "will," "shall," "should," "anticipates," "opportunity," "illustrative", or the negative thereof or other variations thereon or comparable terminology. Although Petco believes that the expectations and assumptions reflected in these statements are reasonable, there can be no assurance that these expectations will prove to be correct or that any forward-looking results will occur or be realized. Nothing contained in this earnings release is, or should be relied upon as, a promise or representation or warranty as to any future matter, including any matter in respect of the operations or business or financial condition of Petco. All forward-looking statements are based on expectations and assumptions about future events that may or may not be correct or necessarily take place and that are by their nature subject to significant uncertainties and contingencies, many of which are outside the control of Petco. Forward-
looking statements are subject to a number of risks, uncertainties and other factors that could cause actual results or events to differ materially from the potential results or events discussed in the forward-looking statements, including, without limitation, those identified in this earnings release as well as the following: (i) increased competition (including from multi-channel retailers and e-Commerce providers); (ii) reduced consumer demand for our products and/or services; (iii) our reliance on key vendors; (iv) our ability to attract and retain qualified employees; (v) risks arising from statutory, regulatory and/or legal developments; (vi) macroeconomic pressures in the markets in which we operate including inflation; (vii) failure to effectively manage our costs; (viii) our reliance on our information technology systems; (ix) our ability to prevent or effectively respond to a privacy or security breach; (x) our ability to effectively manage or integrate strategic ventures, alliances or acquisitions and realize the anticipated benefits of such transactions; (xi) economic or regulatory developments that might affect our ability to provide attractive promotional financing; (xii) business interruptions and other supply chain issues; (xiii) catastrophic events, political tensions, conflicts and wars (such as the ongoing conflict in Ukraine), health crises, and pandemics, including the potential effects that the ongoing COVID-19 pandemic and/or corresponding macroeconomic uncertainty could have on our financial position, results of operations and cash flows; (xiv) our ability to maintain positive brand perception and recognition; (xv) product safety and quality concerns; (xvi) changes to labor or employment laws or regulations; (xvii) our ability to effectively manage our real estate portfolio; (xviii) constraints in the capital markets or our vendor credit terms; (xix) changes in our credit ratings; and (xx) the other risks, uncertainties and other factors identified under "Risk Factors" and elsewhere in Petco's Securities and Exchange Commission filings. The occurrence of any such factors could significantly alter the results set forth in these statements.
Petco cautions that the foregoing list of risks, uncertainties and other factors is not complete, and forward-looking statements speak only as of the date they are made. Petco undertakes no duty to update publicly any such forward-looking statement, whether as a result of new information, future events or otherwise, except as may be required by applicable law, regulation or other competent legal authority.
NON-GAAP FINANCIAL MEASURES
The following information provides definitions and reconciliations of the non-GAAP financial measures presented in this earnings release to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP). The company has provided this non-GAAP financial information, which is not calculated or presented in accordance with GAAP, as information supplemental and in addition to the financial measures presented in this earnings release that are calculated and presented in accordance with GAAP. Such non-GAAP financial measures should not be considered superior to, as a substitute for or alternative to, and should be considered in conjunction with, the GAAP financial measures presented in this earnings release. The non-GAAP financial measures in this earnings release may differ from similarly titled measures used by other companies.
Adjusted EBITDA and Trailing Twelve Month Adjusted EBITDA
Adjusted EBITDA, including Trailing Twelve Month Adjusted EBITDA, is considered a non-GAAP financial measure under the Securities and Exchange Commission's (SEC) rules because it excludes certain amounts included in net income calculated in accordance with GAAP. Management believes that Adjusted EBITDA is a meaningful measure to share with investors because it facilitates comparison of the current period performance with that of the comparable prior period. In addition, Adjusted EBITDA affords investors a view of what management considers to be Petco's core operating performance as well as the ability to make a more informed assessment of such operating performance as compared with that of the prior period.
Please see the company's Annual Report on Form 10-K for the fiscal year ended January 29, 2022 filed with the SEC on March 24, 2022 for additional information on Adjusted EBITDA. The tables below reflect the calculation of Adjusted EBITDA for the thirteen and trailing twelve months ended April 30, 2022 compared to the thirteen and trailing twelve months ended May 1, 2021, respectively, as well as the twelve-month period ended January 29, 2022.
Adjusted Net Income and Adjusted EPS
Adjusted Net Income and Adjusted diluted earnings per share attributable to Petco common stockholders (Adjusted EPS) are considered non-GAAP financial measures under the SEC's rules because they exclude certain amounts included in the net income attributable to Petco common stockholders and diluted earnings per share attributable to Petco common stockholders calculated in accordance with GAAP. Management believes that Adjusted Net Income and Adjusted EPS are meaningful measures to share with investors because they facilitate comparison of the current period performance with that of the comparable prior period. In addition, Adjusted Net Income and Adjusted EPS afford investors a view of what management considers to be Petco's core earnings performance as well as the ability to make a more informed assessment of such earnings performance with that of the prior period.
The tables below reflect the calculation of Adjusted Net Income and Adjusted EPS for the thirteen weeks ended April 30, 2022 compared to the thirteen weeks ended May 1, 2021.
Fiscal 2022 Guidance
Assumptions in the previously stated guidance include that economic conditions, currency rates and the tax and regulatory landscape remain generally consistent. Adjusted EPS guidance assumes approximately $76 million of interest expense, a 26 percent tax rate and a 267 million weighted average diluted share count. We have not reconciled Adjusted EBITDA and Adjusted EPS outlook to the most comparable GAAP outlook because it is not possible to do so without unreasonable efforts due to the uncertainty and potential variability of reconciling items, which are dependent on future events and often outside of management's control and which could be significant. Because such items cannot be reasonably predicted with the level of precision required, we are unable to provide outlook for the comparable GAAP measures. Forward-looking estimates of Adjusted EBITDA and Adjusted EPS are made in a manner consistent with the relevant definitions and assumptions noted herein.
Adjusted EBITDA, Adjusted Net Income and Adjusted EPS Footnotes
WOOF-F
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https://www.mysuncoast.com/prnewswire/2022/05/24/petco-health-wellness-company-inc-reports-first-quarter-earnings/
| 2022-05-24T12:53:01Z
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Test MCIO-based high-speed interfaces for PCIe®, NVMe®, or CXL™ up to 32GT/s
MILPITAS, Calif., Aug. 2, 2022 /PRNewswire/ -- Teledyne LeCroy, the worldwide leader in protocol test solutions, today announced availability of a PCI Express 5.0 Mini Cool Edge IO (MCIO) interposer that works in combination with Teledyne LeCroy's Summit™ family of PCI Express 5.0 protocol analyzers. The new interposer enables engineers to test products that incorporate card edge connectors or cabled connector assemblies that utilize the MCIO mechanical connector with PCIe 5.0, NVM Express® (NVMe) or Compute Express Link™ (CXL) technologies. The PCIe 5.0 MCIO Interposer joins the list of CrossSync™ PHY enabled interposers, allowing users to debug enhanced power management and link training equalization through correlated and time aligned physical and protocol layer views. No other solution gives this type of insight into link behavior.
The Mini Cool Edge IO™ connector is a flexible, robust, and cost-effective connector and cable assembly that helps equipment designers offer flexibility, reduce overall space requirements, and extend the reach for high data rate signals. MCIO connectors and cabled connector assemblies are used extensively in server/storage devices, high performance computers (HPC), switches/routers, and other data center equipment. Now, design and test engineers can test, identify issues, and optimize MCIO connector/cable designs using the Teledyne LeCroy PCIe 5.0 MCIO interposer in combination with one of the Summit PCIe 5.0 protocol analyzers, at data rates of 2.5 GT/s, 5.0 GT/s, 8.0 GT/s, 16.0 GT/s, and 32GT/s in standard or multiport configurations. The Interposer provides probing capability of up to 16 lanes of PCIe 5.0 traffic on multiple x8 (74 pin) MCIO connections, based on the SFF- TA-1016 specification.
A CrossSync PHY-capable interposer probes a PCI Express link for simultaneous capture of both oscilloscope and protocol analyzer traces, providing insight into protocol-directed electrical behaviors to design and validation engineers. The CrossSync PHY software option for Teledyne LeCroy LabMaster™ and WaveMaster® oscilloscopes enables the oscilloscope's MAUI® user interface to be viewed directly alongside the industry-standard Teledyne LeCroy CATC® protocol trace. The combination of the interposer and the software option permits the oscilloscope and protocol analyzer traces to be viewed, navigated, and analyzed in a time-correlated way unique to Teledyne LeCroy.
The PCIe 5.0 MCIO Cable Interposer, which can be optionally upgraded with CrossSync PHY support, has been added to the Teledyne LeCroy PCI Express test solutions product line with the product codes of
G5 MCIO Cable Interposer (74 Pin Connectors) PE249UIA-X
The CrossSync PHY software option is supported with LeCroy LabMaster or WaveMaster oscilloscopes.
All products are available for immediate order. For more information on PCIe 5.0 MCIO interposer, please contact Teledyne LeCroy at +1 (800) 909-7211 or visit our Interposers and Probes landing page. For more information on CrossSync PHY support, visit: http://teledynelecroy.com/cross-sync-phy.
Teledyne LeCroy is a leading manufacturer of advanced oscilloscopes, protocol analyzers, and other test instruments that verify performance, validate compliance, and debug complex electronic systems quickly and thoroughly. Since its founding in 1964, the Company has focused on incorporating powerful tools into innovative products that enhance "Time-to-Insight". Faster time to insight enables users to rapidly find and fix defects in complex electronic systems, dramatically improving time-to-market for a wide variety of applications and end markets. Teledyne LeCroy is based in Chestnut Ridge, N.Y. For more information, visit Teledyne LeCroy's website at teledynelecroy.com.
© 2022 by Teledyne LeCroy. All rights reserved. Specifications are subject to change without notice. PCIE and PCI Express are registered trademarks and/or service marks of PCI-SIG. NVMe and NVM Express are registered trademarks and/or service marks of NVM Express, Inc. CXL and Compute Express Link are trademarks and/or service marks of the Compute Express Link Consortium, Inc.
Technical contact: John Wiedemeier – Sr. Product Marketing Manager 408-273-5673
Customer contact: Teledyne LeCroy PSG Customer Care Center 800-909-7211
Website: https://teledynelecroy.com
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https://www.mysuncoast.com/prnewswire/2022/08/02/first-pci-express-50-mini-cool-edge-io-mcio-interposer/
| 2022-08-02T17:18:36Z
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LOS ANGELES, Aug. 2, 2022 /PRNewswire/ -- Patient engagement technology provider SONIFI Health has developed an API that allows best-in-class virtual care solutions to be integrated on its interactive TV platform in hospital patient rooms.
Vitalchat, which offers telehealth software that's purpose built for healthcare, is the first integration partner to use SONIFI's API for a new pediatric hospital opening in Texas later this year. The Vitalchat integration will allow a 65" smart TV in each patient room to be used for touchless virtual rounding, patient consults, family communications, interpreter services, and AI-assisted patient monitoring, extending the benefits of the patient engagement solution being implemented by SONIFI Health.
With the Vitalchat-SONIFI Health integration, providers can easily call into patient rooms by accessing the Vitalchat portal directly within their EHR workflow. Remote family members can join a virtual session with the patient's care team and visit with patients one-on-one to help reduce loneliness and anxiety.
No nursing interventions are required for these encounters, alleviating staff workloads while also engaging patients in their care. To protect patient privacy, the PTZ camera points away from the patient when not in use, and a patented "digital door knock" feature allows patients to use a simple voice command to accept or decline a telehealth visit.
"We know that hospitals are facing workforce and resource shortages, while also dealing with vital patient safety and healthcare needs," said Ghafran Abbas, CEO of Vitalchat. "Integrating with SONIFI Health means we're enabling inpatient virtual care that's simple to implement, efficient for staff, and user-friendly for patients and their families. With a mutual commitment to collaboration and helping customers succeed, Vitalchat is excited to partner with SONIFI in taking telehealth to the next level."
"Vitalchat helps fill gaps that hospitals have identified in their needs for virtual care," said Roy Kosuge, SONIFI Health General Manager. "Adding telehealth integrations like Vitalchat to our interactive platform is an important step in making sure healthcare organizations have the scalable and effective options they need to provide the best patient care."
SONIFI Health is hosting a webinar on August 24 about their telehealth integrations, use cases and Vitalchat partnership. Click here to learn more and register for the webinar, "Inpatient telehealth: What to consider for your hospital's strategy."
SONIFI Health provides interactive technology solutions proven to improve patient engagement, outcomes and staff productivity. The system is delivered across multiple technology platforms including mobile devices, televisions, computers and digital displays to enhance patient and family experiences while increasing hospital operational efficiencies. As part of SONIFI Solutions Inc., the company supports more than 500 million end user experiences every year. Learn more at sonifihealth.com.
Vitalchat is a transformational telehealth software that effortlessly connects caregivers, patients and families using existing workflows on any commodity device at a fraction of the cost of other solutions. For more information, visit vitalchat.com.
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https://www.wibw.com/prnewswire/2022/08/02/sonifi-health-partners-with-vitalchat-streamline-inpatient-virtual-care/
| 2022-08-02T13:58:50Z
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NEW YORK, June 15, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for CCL, HOOD, AUVI, RDBX, and OCGN.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- CCL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CCL&prnumber=061520225
- HOOD: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=HOOD&prnumber=061520225
- AUVI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AUVI&prnumber=061520225
- RDBX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RDBX&prnumber=061520225
- OCGN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=OCGN&prnumber=061520225
(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.
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https://www.kxii.com/prnewswire/2022/06/15/thinking-about-buying-stock-carnival-corp-robinhood-applied-uv-redbox-or-ocugen/
| 2022-06-15T16:18:49Z
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MIAMI, Aug. 18, 2022 /PRNewswire/ -- Royal Caribbean Group (NYSE: RCL) (the "Company") today announced that it has closed its private offering of $1,250,000,000 aggregate principal amount of 11.625% senior unsecured notes due 2027 (the "Notes"). The Notes will mature on August 15, 2027 unless earlier redeemed or repurchased.
The Notes will be issued under an Indenture, dated as of August 18, 2022, between the Company and The Bank of New York Mellon Trust Company, N.A., as trustee, principal paying agent, transfer agent and registrar.
The Company expects to use the net proceeds from the offering of the Notes to repay principal payments on debt maturing in 2022 and/or 2023 (including to pay fees and expenses in connection with such repayments). Pending such uses, the Company may temporarily apply the proceeds to repay borrowings under its revolving credit facilities or other borrowings.
Nothing contained herein shall constitute an offer to sell or the solicitation of an offer to buy any security. The Notes are being offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States, only to certain non-U.S. investors pursuant to Regulation S. The Notes will not be registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy the Notes or any other securities and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.
Cautionary Statement Concerning Forward-Looking Statements
Certain statements in this press release relating to, among other things, our future performance estimates, forecasts and projections constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited, to: statements regarding revenues, costs and financial results for 2022 and beyond. Words such as "anticipate," "believe," "could," "driving," "estimate," "expect," "goal," "intend," "may," "plan," "project," "seek," "should," "will," "would," "considering," and similar expressions are intended to help identify forward-looking statements. Forward-looking statements reflect management's current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements. Examples of these risks, uncertainties and other factors include, but are not limited to, the following: the impact of the global incidence and continued spread of COVID-19, which has had and will continue to have an adverse impact on our business, liquidity and results of operations, or other contagious illnesses on economic conditions and the travel industry in general and the financial position and operating results of our Company in particular, such as: governmental and self-imposed travel restrictions and guest cancellations; our ability to extend the maturities of our existing bank facilities; our ability to obtain sufficient financing, capital or revenues to satisfy liquidity needs, capital expenditures, debt repayments and other financing needs; the effectiveness of the actions we have taken to improve and address our liquidity needs; the impact of the economic and geopolitical environment on key aspects of our business including the conflict between Ukraine and Russia, such as the demand for cruises, passenger spending, and operating costs; incidents or adverse publicity concerning our ships, port facilities, land destinations and/or passengers or the cruise vacation industry in general; concerns over safety, health and security of guests and crew; our COVID-19 protocols and any other health protocols we may develop in response to infectious diseases may be costly and less effective than we expect in reducing the risk of infection and spread of such disease on our cruise ships; further impairments of our goodwill, long-lived assets, equity investments and notes receivable; an inability to source our crew or our provisions and supplies from certain places; an increase in concern about the risk of illness on our ships or when travelling to or from our ships, all of which reduces demand; unavailability of ports of call; growing anti-tourism sentiments and environmental concerns; changes in U.S. foreign travel policy; the uncertainties of conducting business internationally and expanding into new markets and new ventures; our ability to recruit, develop and retain high quality personnel; changes in operating and financing costs; our indebtedness, any additional indebtedness we may incur and restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the impact of foreign currency exchange rates, the impact of higher interest rates and fuel prices; vacation industry competition and changes in industry capacity and overcapacity; the risks and costs related to cyber security attacks, data breaches, protecting our systems and maintaining integrity and security of our business information, as well as personal data of our guests, employees and others; the impact of new or changing legislation and regulations or governmental orders on our business; pending or threatened litigation, investigations and enforcement actions; the effects of weather, natural disasters and seasonality on our business; the impact of issues at shipyards, including ship delivery delays, ship cancellations or ship construction cost increases; shipyard unavailability; the unavailability or cost of air service; and uncertainties of a foreign legal system as we are not incorporated in the United States.
In addition, many of these risks and uncertainties are currently heightened by and will continue to be heightened by, or in the future may be heightened by, the COVID-19 pandemic. It is not possible to predict or identify all such risks.
Forward-looking statements should not be relied upon as a prediction of actual results. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Royal Caribbean Group
Royal Caribbean Group (NYSE: RCL) is one of the leading cruise companies in the world with a global fleet of 64 ships traveling to approximately 1,000 destinations around the world. Royal Caribbean Group is the owner and operator of three award winning cruise brands: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises and it is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Together, the brands have an additional 10 ships on order as of June 30, 2022.
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https://www.mysuncoast.com/prnewswire/2022/08/18/royal-caribbean-group-announces-closing-125-billion-senior-unsecured-notes-offering-refinance-near-term-debt-maturities/
| 2022-08-18T21:49:28Z
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Move over Maverick, the dinosaurs have arrived to claim their throne.
“Jurassic World: Dominion” took a mighty bite out of the box office with $143.4 million in North American ticket sales, according to studio estimates Sunday. Including earnings from international showings — the film opened in various markets last weekend — “Jurassic World: Dominion,” released globally by Universal Pictures, has already grossed $389 million. And it’s just getting started.
“We couldn’t be happier,” said Jim Orr, Universal’s head of domestic distribution. “‘Jurassic World: Dominion’ had a very broad and ridiculously enthusiastic audience.”
The hefty haul is yet another sign that the box office is continuing to rebound this summer. With the blockbuster successes of films like “Doctor Strange in the Multiverse of Madness,” “Top Gun: Maverick” and now “Jurassic World 3,” audiences are coming back to movie theaters more consistently.
The film, which had a reported $185 million price tag not accounting for marketing and promotion costs, opened on 4,676 screens in the U.S. and Canada, starting with preview showings Thursday. Audiences were 56% male and 54% over the age of 25, according to Universal.
Critics were not kind to the dino extravaganza, but audiences seem to be enjoying themselves based on exit polls. Moviegoers gave it an A- CinemaScore and an 81% audience score on Rotten Tomatoes, suggesting that word of mouth will be strong in the coming weeks.
“You want to see dinosaurs on the big screen, it doesn’t matter what critics thought,” said Paul Dergarabedian, the senior media analyst for Comscore.
And many moviegoers did opt for the biggest screens possible. Globally, IMAX showings of “Jurassic World: Dominion” represented $25 million of the total. The 3D format also accounted for around 25% of worldwide ticket sales.
“The appetite for the colossal creatures in this franchise is still voracious, and the way audiences want to experience this movie is in 3D,” said Travis Reid, the CEO and president of Cinema for RealD, in a statement.
Both “Top Gun: Maverick” and “Jurassic World: Dominion” are an important caveat for an industry that continues to learn new lessons about pandemic-era moviegoing every week. Although both films are legacy sequels, neither are of the superhero variety, which, for a long time, had seemed like the only pandemic-proof genre.
“Top Gun: Maverick” is still coasting in rarefied skies too: It fell only 44% in its third weekend with an estimated $50 million to take second place, bringing its North American total north of $393.3 million. “Doctor Strange 2,” in its sixth weekend, was a distant third with $4.9 million.
This weekend is only the third of the pandemic era in which the total domestic box office surpassed $200 million, according to box office tracker Comscore. The others were “Spider Man: No Way Home,” in December, and “Doctor Strange 2,” in May. But this is the first time there has been space for two movies to do well.
“Pretty much all the big blockbuster weekends that we’ve had over the pandemic have been dominated by one movie,” Dergarabedian said. “In this case, we have two big blockbusters in theaters at once. This is the recipe for success that theater owners have been waiting for over the course of the pandemic. It’s an important milestone.”
“Dominion,” a co-production of Universal Pictures and Amblin Entertainment, is the third film in the “Jurassic World” trilogy, which began in 2015 and introduced characters played by Chris Pratt and Bryce Dallas Howard. The newest installment brings back actors Laura Dern, Sam Neill and Jeff Goldblum from Steven Spielberg’s 1993 “Jurassic Park.”
Colin Trevorrow, who stewarded the “World” trilogy and directed the first film, returned to direct “Dominion,” in which dinosaurs are no longer contained and locusts are threatening the world’s food supply.
The filmmakers have said “Dominion” is intended to be the last of the “Jurassic World” films, which have been enormously profitable with over $3 billion in ticket sales. The first earned over $1.7 billion globally alone. Including the original “Jurassic Park” trilogy, that number skyrockets to $5 billion.
“Jurassic World 3” should continue performing throughout the summer, Orr said. Universal Pictures also has a number of diverse, high-profile and theatrical-only releases coming in the next few weeks, including the horror film “The Black Phone,” “Minions: The Rise of Gru” and Jordan Peele’s “Nope.” And this vote of confidence in movie theaters is promising.
“This is a tremendous start to our summer,” Orr said.
Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Comscore. Final domestic figures will be released Monday.
1. “Jurassic World: Dominion,” $143.4 million.
2. “Top Gun: Maverick,” $50 million.
3. “Doctor Strange in the Multiverse of Madness,” $4.9 million.
4. “The Bob’s Burgers Movie,” $2.3 million.
5. “The Bad Guys,” $2.3 million.
6. “Downton Abbey: A New Era,” $1.7 million.
7. “Everything Everywhere All At Once,” $1.3 million.
8. “Firestarter,” $820,000.
9. “Sonic the Hedgehog 2,” $710,000.
10. “Ante Sundaraniki,” $620,000.
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Follow AP Film Writer Lindsey Bahr on Twitter: www.twitter.com/ldbahr
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https://cw33.com/entertainment-news/ap-entertainment/with-jurassic-world-3-dinosaurs-rule-again-at-box-office/
| 2022-06-12T17:42:41Z
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Nick Knight debuts his first NFT drop, " ikon-1," featuring UglyWorldWide,
in SHOWstudio's first step into Web3, harnessing the language of Knight's
editorials to bring style and beauty to the metaverse.
LONDON, Aug. 24, 2022 /PRNewswire/ - Nick Knight, one of the world's most celebrated fashion photographers, and founder and director of SHOWstudio, is finally bringing his long-standing digital fashion editorial process to the blockchain this fall with an innovative NFT drop. Knight is pushing the boundaries of image-making with genre-defining, photorealistic avatars in collaboration with model and Instagram star Jazzelle Zanaughtti, better known by their social media moniker @Uglyworldwide.
These collectable artworks feature digital fashion, make-up, hair, and nails by a cohort of over 40 innovators, degens, and mavericks at the forefront of fashion's digital future, personally curated by Knight and Zanaughitti. The collection features over 200 unique traits that have been produced to create 8,000 one-of-a-kind artworks styled by Zanaughtti, further allowing them authorship over their image and personal style while preparing each avatar for its editorial debut in the metaverse.
Nick Knight is one of the earliest adopters of 3D scanning, bringing subjects and fashion into the virtual realm as early as 1998, just before he launched SHOWstudio. With 3D collaborations with icons like Kanye, Bjork, and Lady Gaga, and fashion brands including Burberry and Margiela, Knight is, unsurprisingly, leading the way in bringing fashion imagery to the blockchain.
Over 40 exceptional creatives have contributed to this radical new form of fashion image-making. From digital native fashion designers such as Tribute Brand and Scarlett Yang to rising star Nusi Quero. In addition to make-up looks created by Zanaughitti, the project features collaborations with legendary hairstylist Eugene Souleiman, world-renowned nail artist Marian Newman, and long-time SHOWstudio collaborator digital artist Tom Wandrag.
Once minted, each ikon-1 will also have its own personal homepage with expanded views of your NFTs. This page will act as your gateway to SHOWstudio's future Web3 fashion programming, providing early access to upcoming projects and drops. Holding an ikon-1 is the only way to secure access to fashion's digital future.
"My aim is to make SHOWstudio into a virtual space where you can come interact in a meaningful and entertaining way. And this project is the first step towards that."
- Nick Knight
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SOURCE SHOWstudio
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https://www.wibw.com/prnewswire/2022/08/24/nick-knights-showstudio-nft-collection-ikon-1-sets-standard-fashion-metaverse/
| 2022-08-24T12:43:37Z
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NEW YORK, Aug. 5, 2022 /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, announces it has filed a class action lawsuit on behalf of purchasers of the securities of Carvana Co. (NYSE: CVNA) between May 6, 2020 and June 24, 2022, both dates inclusive (the "Class Period"). If you wish to serve as lead plaintiff, you must move the Court no later than October 3, 2022.
SO WHAT: If you purchased Carvana securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Carvana class action, go to https://rosenlegal.com/submit-form/?case_id=6457 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 3, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Carvana faced serious, ongoing issues with documentation, registration, and title with many of its vehicles; (2) as a result, Carvana was issuing unusually frequent temporary plates; (3) as a result of the foregoing, Carvana was violating laws and regulations in many existing markets; (4) as a result of the foregoing, Carvana risked its ability to continue business and/or expand its business in existing markets; (5) as a result of the foregoing, Carvana was at an increased risk of governmental investigation and action; (6) Carvana was in discussion with state and local authorities regarding the above-stated business tactics and issues; (7) Carvana was facing imminent and ongoing regulatory actions including license suspensions, business cessation, and probation in several states and counties including in Arizona, Illinois, Pennsylvania, Michigan, and North Carolina; and (8) as a result, defendants' statements about Carvana's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Carvana class action, go https://rosenlegal.com/submit-form/?case_id=6457 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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| 2022-08-05T22:53:42Z
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2022 Hurricane Season is here!
VIRGINIA BEACH, Va., June 7, 2022 /PRNewswire/ -- Only a week into the 2022 Hurricane Season and Tropical Storm Alex became the first named storm of the six-month season, flooding parts of southern Florida. Now that hurricane season is officially upon us, now is the time to make sure your family is prepared in the event of any severe weather conditions.
Officially beginning June 1 and running through November 30, forecasters at the Climate Prediction Center are calling for an above-average Atlantic hurricane season, predicting at least 14-21 named storms and six to 10 hurricanes – four of which could be Category 3 or higher.
But while forecasting is not an exact science, it is important to keep in mind that just one storm could have a significant impact on homes, property and lives.
That's why Virginia Natural Gas is providing customers with the following recommended natural gas safety guidelines for use before, during and after a weather emergency:
Meter Safety
- DO NOT turn off your gas supply at the main meter. Only Virginia Natural Gas or emergency personnel should turn the valve on or off.
- Leaving natural gas meters on helps to maintain proper pressure in the gas piping within homes or businesses and can prevent water from entering the fuel lines should flooding occur.
- Customers are encouraged to know the location of their natural gas meter.
- Following a weather emergency, customers should ensure the natural gas meter is visible, and the area surrounding the meter is free of trash and debris. Mechanical equipment used after the storm to clean up a location may damage the meter if it is hidden.
- If a natural gas meter is damaged or an underground gas line is exposed, customers should immediately leave the area, and call the Virginia Natural Gas 24-hour emergency response line at 1.877.572.3342 or 911 from a safe location.
Appliance Safety Before and After the Storm
- Customers are advised to leave their natural gas service operational during a hurricane or severe storm. Most modern gas appliances have safety valves that shut off the flow of natural gas automatically with a loss of gas pressure or flooding of the appliances.
- Electronic ignition appliances will not come on when the power source has been impacted.
- If you are uncomfortable leaving your appliances operational, contact a trained professional (certified plumber or HVAC contractor) to shut off your appliances at the cutoff valves. When it is safe to do so, have them return to turn the valves back on, leak test the line and turn on to test the appliance for safe operation. Find a qualified natural gas contractor.
- If flooding occurs at a residence or business and the gas appliances are underwater, customers are advised not to operate their appliances until a safety inspection is conducted by a certified plumber or HVAC contractor.
Damage Prevention
- Strong winds and saturated ground could cause trees to become uprooted. Before removing downed trees, customers should contact VA811 to have the location of underground utility lines marked since downed trees could become tangled with natural gas lines.
- If a natural gas meter is damaged or a natural gas line is exposed, customers should immediately leave the area and call the Virginia Natural Gas 24-hour emergency response line at 1.877.572.3342 or 911 from a safe location.
Detecting Gas Leaks
- If customers smell the distinctive "rotten-egg" odor associated with natural gas, they should leave the area immediately and move a safe distance away from the potential leak, while avoiding any action that may cause sparks.
- Look for blowing dirt, discolored vegetation or continued bubbling in standing water.
- Customers should never try to identify the source of a leak or stop the leak themselves.
- Avoid using any sources of ignition, such as cell phones, cigarettes, matches, flashlights, electronic devices, motorized vehicles, light switches or landlines, as natural gas can ignite from a spark, possibly causing a fire or explosion.
- Customers should call the Virginia Natural Gas 24-hour emergency response line at 1.877.572.342 or 911 once they are in a safe place out of the area of the suspected leak. They should also stay away until Virginia Natural Gas or emergency personnel indicates it is safe to return.
Generator safety
- Generators can be useful after a storm but dangerous if not properly used. The primary hazards to avoid when using a generator are carbon monoxide (CO) poisoning from the toxic engine exhaust, electric shock or electrocution and fire.
- NEVER use a generator in enclosed or partially enclosed spaces.
- NEVER try to power the house wiring by plugging the generator into a wall outlet, a practice known as "backfeeding."
- Plug appliances directly into the generator. Or use a heavy duty, outdoor-rated extension cord that is rated (in watts or amps) at least equal to the sum of the connected appliance loads.
- During a power outage, natural gas generators provide continuous fuel supply from an existing natural gas line. While these units are available in a range of sizes to meet various energy needs, customers are encouraged to contact Virginia Natural Gas before purchase and installation to determine whether their service line and meter meet load requirements for the generator's safe and efficient operation.
Personal Safety
- Your personal safety is the most important thing before, during and after a storm. The Red Cross urges everyone to be prepared before the storm hits. This means having an emergency preparedness kit that includes among other things, a seven-day supply of medications, copies of important documents such as insurance policies, non-perishable food items and water for two weeks, extra cash, batteries for flashlights and radios, and personal hygiene products. Visit the Ready.gov national preparedness website for more tips.
- Flooding and storm surge are historically the leading cause of hurricane-related deaths in the United States. Know your flood zone and potential risk hazards in your area. Visit the Virginia Department of Emergency Management website and simply enter your address to "Know Your Zone."
How to connect with us
During a storm, Virginia Natural Gas communicates information to customers through the news media and on Facebook, Twitter, Instagram, and Nextdoor.
For more information about natural gas safety, visit virginianaturalgas.com/safety.
About Virginia Natural Gas
Virginia Natural Gas is one of four natural gas distribution companies of Southern Company Gas, a wholly owned subsidiary of Southern Company (NYSE: SO). Virginia Natural Gas provides clean, safe, reliable and affordable natural gas service to more than 300,000 residential, commercial and industrial customers in southeast Virginia. Consistently ranked in the top quartile for customer satisfaction by J.D. Power and Associates, the company also has been recognized by the Virginia Department Energy (Virginia Energy) and the Virginia Oil and Gas Association for its safety, innovation, environmental stewardship, community outreach and educational programs, and has been named Local Distribution Company of the Year five times since 2015. The company has been ranked by its business customers as one of the most Trusted Business Partners in the utility industry according to Cogent Reports, and a Top Workplaces in Hampton Roads by Inside Business. For more information, visit virginianaturalgas.com and connect with the company on Facebook, Twitter, Instagram, LinkedIn and Nextdoor.
About Southern Company Gas
Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE:SO), America's premier energy company. Southern Company Gas serves approximately 4.3 million natural gas utility customers through its regulated distribution companies in four states with approximately 600,000 retail customers through its companies that market natural gas. Other nonutility businesses include investments in interstate pipelines and ownership and operation of natural gas storage facilities. For more information, visit southerncompanygas.com.
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| 2022-06-07T17:18:12Z
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LCY's Key Role in Semiconductor Value Chain Helps Realize US Supply Chain Resilience
National Harbor, Md, June 27, 2022 /PRNewswire/ -- LCY Group Chairman Bowei Lee attended the 2022 SelectUSA Investment Summit, the highest-profile event hosted by the U.S. Department of Commerce dedicated to promoting foreign direct investment in the United States. LCY Chemical Corp. is a key materials supplier in the global semiconductor industry value chain, in his speech at the U.S. Manufacturing Advantage plenary session, Lee shared his observation from the company's long-time investment experience in the U.S. Top executives from Toyota Motor Manufacturing Mississippi, Inc., Aurubis, and Bombardier were among the panelists for the same session.
Responding to the U.S.' Call for Investment, LCY Brings along Exclusive Technology to Its New Plant in the U.S.
The U.S. administration's policy discourse has turned towards Made in USA and America COMPETES Act. In addition to the extensive promotion of infrastructure projects, the government is proactively supporting the manufacturing industry, waving hands at the global semiconductor manufacturers to strengthen domestic supply chain resilience.
LCY Chemical Corp. is a critical chemical supplier for the semiconductor industry that boasts cutting-edge technologies for electronic-grade isopropyl alcohol (EIPA) production. In 2021, the company announced its strategic expansion in the U.S. market, investing $100 million in a new manufacturing plant in Arizona to supply EIPA for advanced under 5-nano processes. The move will support semiconductor industry's advanced processes in the U.S.; LCY's innovative "EIPA Dual Cycle Circular Economy" technology can identify unknown content in the recycled waste liquid. The exclusive technology separates, filters, and purifies the waste liquid to generate high-purity EIPA, which can be used in the semiconductor production process once again. The circular economy model helps the semiconductor industry inch in on the 2050 Net Zero goals through carbon footprint reduction, saving water resources, and reducing its dependence on petrochemical feedstock.
LCY Emphasizes Diverse Innovation and Looks to Recruit U.S. Talent
During the summit, Lee also spoke about the U.S.' role as a leading technology powerhouse that nurtures talents with the spirit of entrepreneurship, innovation, and global perspective. Along with plans for future global operation expansion, LCY looks forward to more U.S. talents joining the organization to expand current diverse international stage where employees can grow with the company and create possibilities for a sustainable earth.
Calls for Infrastructure Support for Further Investment
As a global material and science company, LCY has manufacturing footprints in Qatar, Canada, and various locations in Taiwan, China and US. In 2004, LCY Chemical Corp. expanded its presence to Texas through merger and acquisition, subsequently invested in startup companies in Carlsbad and San Carlos in California. Last year LCY announced the establishment of LCY Electronic Materials, Inc. in Arizona, supplying electronic chemical solutions to most advanced chipmakers in the US.
Lee also pointed out that the US administrations, from federal, to state, to local level, are one of the most supportive governments. LCY's operations in the US is to help strengthen supply chain resilience, create quality jobs, and build a sustainable future. The experiences have demonstrated that the United States is a great investment destination. LCY will bring in more resources to strengthen the US investment, if we are considered in the incentive programs like other fellow American companies, which will further encourage the company to invest more.
About LCY Chemical Corp.
Founded in 1965, LCY Chemical Corp. is committed to science innovation for a sustainable future. Our main business operations include synthetic rubber, electronic-grade chemicals, bio-based chemicals, performance plastics, methanol and solvents, etc. We uphold the core values of integrity, teamwork, innovation, and accountable leadership in our continuous commitment to the field of material science. Our presence spans across Asia, North America, and the Middle East. Looking ahead, LCY Chemical Corp. will utilize our growth momentum to groom future material science talents and lead the transformation of our industry.
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| 2022-06-27T17:00:18Z
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New test panel follows a Quest Diagnostics Health Trends® study with the CDC that revealed less than half of pregnant people are screened for hepatitis C as recommended under guidelines
SECAUCUS, N.J., Aug. 17, 2022 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, today announced the launch of a new obstetrics laboratory test panel designed to enable physicians to screen all eligible pregnant people easily and reliably for hepatitis C (HCV) with other laboratory tests typically ordered during early pregnancy.
The company developed the new test panel to include HCV antibody testing with reflex to quantitative real-time PCR in response to findings from a Quest Diagnostics Health Trends® study published in Obstetrics & Gynecology in June 2022. This peer reviewed study found that less than 41% of pregnant people were screened for HCV in 2021, based on Quest Diagnostic's laboratory testing of more than 5 million pregnant patients. The study also found that individuals with Medicaid health insurance were screened at rates 25-35% lower than those with commercial insurance.
"Our Health Trends research revealed that despite guidelines recommending HCV screening in pregnancy, many people are not receiving the testing they need. Individuals in underserved communities are most likely to experience this gap in care," said Damian "Pat" Alagia, MD, Senior Medical Director, Women's Health, Quest Diagnostics. "Screening for HIV, HBV and syphilis is already standard in obstetric panels, and it is no coincidence that screening rates for these diseases during pregnancy are more than double the current rate as for HCV. By adding HCV screening to our obstetrics panel, physicians will be more likely to deliver guideline-based care that reduces HCV infection during pregnancy and fosters a positive outcome for the patient and their newborn."
"Our new test service is a prime example of how Quest Diagnostics illuminates care gaps from its uniquely large laboratory dataset and then creates solutions to improve patient care and public health," said Harvey W. Kaufman, MD, Senior Medical Director, Head of the Health Trends Research Program for Quest Diagnostics, and a lead of the study published in Obstetrics & Gynecology.
Obstetric panels are typically performed early in pregnancy and include guideline-recommended tests, such as complete blood count (CBC), blood typing, hepatitis B, syphilis, and rubella, to help guide clinical decisions affecting the pregnancy and mother's health.i In recent years, hepatitis C infections have risen in pregnant people and other populations in the United States, largely due to increased intravenous drug use. Between 2020-2021, the United States Preventative Services Task Force, American College of Obstetricians and Gynecologists, and the Society of Maternal-Fetal Medicine issued practice guidance recommending one-time hepatitis C screening during pregnancyii,iii while the CDC issued guidance recommending HCV screening for all pregnant people except in settings where the prevalence of HCV infection is less than 0.1%.iv
Hepatitis C is the most common bloodborne infection in the United States and is a leading cause of liver-related morbidity and mortality.v An estimated 1,700 infants were born with HCV infection (acquired in utero) each year between 2011 and 2014.vi
About Quest Diagnostics Health Trends®
Quest Diagnostics Health Trends® is a series of scientific reports that provide insights into health topics, based on analysis of HIPAA-compliant, objective clinical laboratory data, to empower better patient care, population health management and public health policy. The reports are based on the Quest Diagnostics database of 60 billion deidentified laboratory test results, believed to be the largest of its kind in healthcare. Health Trends has yielded novel insights to aid the management of allergies and asthma, prescription drug misuse, diabetes, Lyme disease, heart disease, influenza and workplace wellness. Quest Diagnostics also produces the Drug Testing Index (DTI)™, a series of reports on national workplace drug positivity trends based on the company's employer workplace drug testing data.
About Quest Diagnostics
Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the world's largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve healthcare management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our 50,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives. www.QuestDiagnostics.com
i American College of Obstetricians and Gynecologists. Routine Tests During Pregnancy. https://www.acog.org/womens-health/faqs/routine-tests-during-pregnancy. Accessed July 26, 2022.
ii U.S. Preventative Services Task Force. Hepatitis C virus infection in adolescents and adults: screening: United States Preventative Services Task Force statement. JAMA. 2020;323(10):970‒975. https://doi.org/10.1001/jama.2020.1123.
iii ACOG Practice Advisory: Routine Hepatitis C Virus Screening in Pregnant Individuals (opqic.org)Schillie S, Wester C, Osborne M, Wesolowski L, Ryerson AB. CDC recommendations for hepatitis C screening among adults — United States, 2020. MMWR Recomm Rep. 2020;69(RR-2):1–17. https://doi.org/10.15585/mmwr.rr6902a1.
iv Schillie S, Wester C, Osborne M, Wesolowski L, Ryerson AB. CDC Recommendations for Hepatitis C Screening Among Adults — United States, 2020. MMWR Recomm Rep 2020;69(No. RR-2):1–17.
v Seo S, Silverberg MJ, Hurley LB, et al. Prevalence of spontaneous clearance of hepatitis C virus infection doubled from 1998 to 2017. J Clin Gastroenterol Hepatol. 2020;18(2):511‒513. https://doi.org/10.1016/j.cgh.2019.04.035.
vi Roberts EA, Yeung L. Maternal-infant transmission of hepatitis C virus infection. Hepatology. 2002;36(5 Suppl 1):S106-13.
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| 2022-08-17T13:00:51Z
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IGEN files Patent Pending Application for Creating Real-Time Driver Telematic Signatures (DTS) for Autonomous Vehicles
LAKE ELSINORE, Calif., Sept. 12, 2022 /PRNewswire/ -- IGEN Networks Corporation (OTC: IGEN) (CSE: IGN), a leading innovator of cloud-based and Internet of Things (IoT) solutions for the protection and management of mobile assets, today announced the filing for Patent Pending Application No. 17/850,258 - "Method and System for Creating Real-Time Driver Telematic Signatures" with the United States Patent Office (USPTO).
IGEN's Patent Application No. 17/850,258 further strengthens IGEN's patent portfolio by doubling the number of patent claims to over 40 elements related to assessing driving behavior and habits, regardless of whether the driver is a person or an autonomously driven vehicle. The Digital Telematics Signature (DTS) is comprised of proprietary algorithms designed to measure driver behavior for both commercial and consumer vehicles regardless of the data sources. Patent Application No. 17/850,258 expands the dataset of "Big Data" to include many of the external elements that affect driving behavior including weather conditions, population density, and vehicle condition. Whether driving in high-density traffic or at high speeds over the expressway, the data is normalized across a relatively large sample to eliminate gross errors and create a consistent and accurate driver profile based on actuarial metrics. With programmable weighting of driving events such as speed, sudden-braking, harsh-turns, traffic flow, and vehicle profiling, a "DTS" or weighted score is created and updated real-time or over an extended period-of-time in accordance with actuarial standards.
"The premise for Driver Telematics Signatures is to establish an industry standard for assessing driving behavior independent of its data source, whether it's a commercial truck driver, a teenage driver, or even autonomous vehicles using AI imaging and sensors, our algorithms will normalize the multitude of driving data and eliminate gross errors to derive a unique signature or score for the driving patterns and habits of a driver or an autonomous driven vehicle," said Neil G. Chan, CEO of IGEN Networks Corporation.
IGEN's Next-Generation Platform incorporates the DTS algorithms for both commercial and consumer markets. Built on Amazon's Web Service (AWS) infrastructure and based on state-of-the-art coding methodology, the Next-Generation Platform leverages Facebook and Google design techniques to present a seamless user interface regardless of access methods including smartphones, tablets, desktops, and third-party application environments. The AWS infrastructure offers reliability, security, and scalability to support millions of users or assets and an Application Programming Interface (API) friendly environment that adapts to a broad range of data sources to support the changing needs of consumer and commercial markets.
About IGEN Networks Corporation
IGEN Networks Corporation creates software services for the consumer automotive and commercial asset management industries enabling their customers to better manage their assets and protect their families.
IGEN is a fully reporting company in both Canada and the United States. It is publicly traded on the OTC Markets under the symbol IGEN, and listed on the CSE under the symbol IGN. For more information, please visit: www.igennetworks.net
Forward-Looking Statements
This news release may contain forward-looking statements or forward-looking information within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 and Canadian securities law. The terms and phrases "goal", "commitment", "guidance", "expects", "would", "will", "continuing", "drive", "believes", "indicate", "look forward", "grow", "outlook", "forecasts", "intend", and similar terms and phrases are intended to identify these forward-looking statements. Forward-looking statements are based on estimates and assumptions made by IGEN in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that IGEN believes are appropriate in the circumstances, including but not limited to statements regarding investment liquidity, financing options and long term goals of the Company, general economic conditions, IGEN's expectations regarding its business, customer base, strategy and prospects, and IGEN's confidence in the cash flow generation of its business. Many factors could cause IGEN's actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements, including, without limitation: risks related to competition; IGEN's reliance on key personnel; IGEN's ability to maintain and enhance its brand; and difficulties in forecasting IGEN's financial results, particularly over longer periods given the rapid technological changes, competition and short product life cycles that characterize the mobile application industry. These risk factors and others relating to IGEN that may cause actual results to differ are set forth in the under the heading "Risk Factors" in IGEN's periodic filings with the British Columbia Securities Commission and the U.S. Securities and Exchange Commission (copies of which filings may be obtained at www.sedar.com or www.sec.gov. These factors should be considered carefully, and readers should not place undue reliance on IGEN's forward-looking statements. IGEN has no intention and undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Contact:
IGEN Networks Corporation
Email: info@igennetwork.net
Call Us: (855)912-5378
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| 2022-09-12T15:10:00Z
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MILTON, ON, May 3, 2022 /PRNewswire/ - TRAFFIX has hired Scott Goodman to fill a new role in the company, Chief People Officer (CPO). Mr. Goodman will be responsible for maintaining employee satisfaction during explosive corporate expansion.
"We are thrilled to have Scott Goodman join our rapidly growing company. Scott's depth of experience and proven track record align perfectly with TRAFFIX' vision for growth. Having Scott as our CPO will ensure we continue to develop our exceptional team members who create our culture of High-Performance allowing for continued success", says Duane Coghlan, Managing Partner.
Mr. Goodman is tasked with maintaining and developing the people-focused culture that has been engrained in TRAFFIX since its inception in 1979. The company has added 350+ industry experts in the last ten months and now has a workforce exceeding 600 people employed at locations across North America.
"I'm very excited to continue TRAFFIX' tradition of prioritizing the human element in a field where it adds so much customer value", says Scott Goodman. "Other companies chose to develop technology solutions rather than their people. TRAFFIX is doing the opposite. Here we develop technology to support the people we invest in. This approach makes the company attractive to the industry talent we look forward to bringing onboard."
The TRAFFIX executive team created the role of Chief People Officer as part of its mission to become the best employer in the transportation industry. The company depends on its team of experts to manage the pickup and delivery of more than 300,000+ shipments annually.
Prior to his role at TRAFFIX, Mr. Goodman worked for 15 years as a Human Resources executive developing recruitment, team building, and competency programs. A member of the Ontario Bar since 2000, Scott practiced law prior to his entry into the Human Resources field and maintains his expertise in employment law. He holds a Bachelor of Arts from York University, an LLB from the University of Western Ontario, and an MBA from Royal Roads University.
Founded in 1979, TRAFFIX has grown from a small Canadian freight broker to a leading third-party logistics solutions provider that is soon to exceed $1 billion-in-revenue.
Headquartered in Milton, Ontario, Canada, the company's workforce is comprised of 600+ fully trained people in 21 offices across North America. See www.traffix.com for more details.
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| 2022-05-03T20:49:12Z
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LONDON, July 27, 2022 /PRNewswire/ -- EQONEX Limited (NASDAQ:EQOS), a digital assets financial services company, is investing in its Asset Management business with new senior appointments in key regions earmarked for growth. Nick Cogswell has been appointed to the role of Head of Sales, Asset Management, based in London, and Franklin Heng, will drive the company's Asian asset management products strategy as the Head of Asset Management Asia, based in Hong Kong. Both appointments are effective immediately.
EQONEX is directing significant resources and investment into building its Asset Management business, as part of its ambition to deliver a leading digital assets investment platform. EQONEX Asset Management encompasses key business lines including Investment Products, Structured Products, Bletchley Park, a fund of crypto hedge funds, and Lending.
The new hires follow the listing of EQONEX's first exchange-trade product, a Bitcoin Exchange Traded Note (ETN) on the Deutsche Börse XETRA Exchange, earlier this month. Further ETNs are expected to list in the coming months, together with the launch of the EQONEX Structured Products business.
Nick will be responsible for driving growth across the entire Asset Management product suite. Nick joins EQONEX with experience of running his own firm, an FCA regulated investment advisory business where he served as CEO and Managing Director. He brings 20 years' experience in cross asset derivatives sales and structuring, alternative investments, and global structured products, dealing with Institutional investors.
He was previously the Head of Equity Structured Product Sales EMEA at Jefferies and before that ran the Santander Private Banking Structured Product Sales business for the UK. Nick has also held senior roles at both Lehman Brothers and Dresdner Kleinwort Wasserstein.
Franklin will be responsible for growing EQONEX's Asset Management footprint in the Asia Pacific. Franklin joins EQONEX after an eleven-year tenure with Springboard Capital, where he was a Managing Partner and nominated Responsible Officer for regulated activities.
Franklin was previously Managing Director, Head of Equity Derivatives and Structured Products Distribution for The Royal Bank of Scotland, leading the Asia ex-Japan business from Hong Kong. His team distributed structured products to institutional and professional investors and advised them on the use of derivatives and structured products to hedge their risk and enhance returns. Prior to this, he spent seven years at HSBC Hong Kong in various roles including Head of Asia Derivatives (trading and sales) and Head of Wealth Management Sales. Franklin brings 30 years of asset management, derivatives and structured products experience, and he is also a qualified Chartered Accountant.
Nick will work alongside Head of Business Development Matthew Clapp, who is also based in London. Prior to joining EQONEX, Matthew was Head of Institutional Business Development at Levendi Investment Management. Matthew has been involved in the Structured Investment arena for over ten years. With his wide-ranging experience across asset classes, he has developed a deep understanding of the needs and demands of a broad investor base.
Nick, Franklin and Matthew will report to Frank Copplestone, Head of Asset Management at EQONEX, who recently celebrated his first anniversary with the company. Frank is a 30-year veteran of Asset Management and Investment Products holding global roles at Morgan Stanley, Deutsche Bank and Jefferies.
Speaking of the appointments, Frank said: "The last year has been a period of ambitious growth and expansion for EQONEX's Asset Management business, with the listing of our first exchange-traded product in Germany, and the establishment of our strategic partnership with Binance Connect".
"We see tremendous market opportunities across the globe in the digital asset investments space and we are working hard to become a preeminent Asset Management Platform. We are delighted to welcome Nick and Franklin to this growing, talented and highly experienced team. Their wealth of experience in asset management, equity derivatives and structured products will be invaluable in growing our Asset Management business."
Nick added: "I am thrilled to join EQONEX and look forward to leveraging my experience in traditional finance to harness the growing opportunities in the digital asset space. EQONEX is reputable in the marketplace for its highly experienced team, so I'm excited to join them in delivering EQONEX's ambitious product roadmap across structured and investment products and also driving growth for Bletchley Park, the fund of crypto hedge funds."
Franklin commented: "With regulation now finally becoming a reality, EQONEX's commitment to compliance and security, as well as its status as a NASDAQ-listed company, puts it in an ideal position to further differentiate itself from the competition. I am excited to join the team during such an anticipated period of business growth and working with them to define best-in-class digital asset investment products for EQONEX's clients."
About EQONEX Group
EQONEX Limited (NASDAQ: EQOS) is a technology driven digital assets financial services group that provides institutional grade infrastructure and a full suite of trading, custody and asset management solutions to clients. The Group's digital assets ecosystem has been designed to accommodate the needs of institutions and individuals with the same degree of regulatory oversight and security they are accustomed to in traditional financial markets. EQONEX's ecosystem primarily encompasses EQONEX, a digital asset exchange; Digivault, a FCA accredited hot and cold digital assets custodian and an Asset Management arm comprising EQONEX investment Products, EQONEX Structured Products and Bletchley Park Asset Management, a fund of crypto-hedge funds.
For more information visit: https://group.eqonex.com/
Follow EQONEX on social media on Twitter @eqonex, on Facebook @eqonex, and on LinkedIn.
Forward-Looking Information
Any forward-looking statements in this press release are based on available current market material and management's expectations, beliefs and forecasts concerning future events impacting EQONEX. You are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, as well as assumptions, which, if they were to ever materialize or prove incorrect, could cause the results of EQONEX to differ materially from those expressed or implied by such forward-looking statements. The forward-looking statements made in this press release speak only as of the date hereof and we disclaim any obligation, except as required by law, to provide updates, revisions or amendments to any forward-looking statements to reflect changes in our expectations or future events.
View original content:
SOURCE EQONEX
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https://www.wibw.com/prnewswire/2022/07/27/eqonex-expands-senior-leadership-ranks-asset-management-it-sets-sights-market-share-growth/
| 2022-07-27T09:26:58Z
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Pope’s planned tour of Canada draws mixed reactions from Indigenous leaders
By Michael Lee, CTVNews.ca writer
Click here for updates on this story
Toronto, Canada (CTV Network) — Indigenous leaders are offering mixed reactions to a planned visit this summer by Pope Francis, with some welcoming the pontiff’s trip to Canada while others are disappointed he won’t travel to certain parts of the country.
The Vatican announced on Friday that the Pope would stop in Alberta, Quebec and Nunavut from July 24 to 29.
The news comes more than a month after he apologized for the Catholic Church’s role in Canada’s residential school system and promised to travel to the country.
Prior to that, he met privately with First Nations, Inuit and Métis delegates and residential school survivors. Indigenous delegates also told the Pope they expected him to deliver an apology on Canadian soil.
While some say they hoped the Pope’s visit will be a step toward reconciliation, others are disappointed he will not be travelling to provinces such as Saskatchewan, where many of Canada’s residential schools were located.
“We had a hope and a prayer that he would come and do the apology at one of our residential school sites,” Chief Bobby Cameron of the Federation of Sovereign Indigenous Nations, which represents 74 First Nations in Saskatchewan, told CTV’s Power Play on Friday.
“Within one of our treaty territories, on one of our First Nations, where it would have, obviously, a meaningful impact for the survivors, descendants and families,”
At 85 years of age, the Pope is limited in how he can travel, Archbishop Richard Smith of Edmonton, who is serving as general coordinator of the trip, said.
The Pope can’t ride in helicopters or be in a vehicle for more than an hour, and must rest between events.
“In all honesty, when all is said and done, it’s the action items that are more crucial for the healing journey,” Cameron said.
This includes the immediate return of Indigenous cultural items and records held at the Vatican, the construction of healing and wellness centres at former residential school sites, as well as for those who committed crimes at residential schools to “be brought to justice,” he said.
Meanwhile, the president of the Manitoba Métis Federation, David Chartrand, told CTV News Winnipeg he is disappointed the Pope will not stop in Winnipeg either.
A separate Manitoba Métis delegation met with the Pope separately following his apology.
“It was a disappointment in my heart and for all the Red River Métis … for our nation,” Chartrand said.
More than 150,000 First Nations, Métis and Inuit children were mostly forced from their families to attend residential schools from the late 1800s to 1996.
The goal of the institutions was to replace Indigenous language and culture with English and Christian beliefs.
Administered and funded by the federal government, churches and religious organizations largely ran the institutions.
Grand Chief Remy Vincent of the Huron-Wendat Nation in Wendake, Que., said Friday’s announcement had been relatively well-received.
“We must expect nothing less from the church than to come to our territories here, in Quebec and in Canada, to apologize to the First Nations for the horrors that were committed and have been brought to light in recent years,” he said.
Grand Chief George Arcand of the Confederacy of Treaty Six First Nations, which is working with The Holy See to plan the Pope’s stop in Alberta, said he recognizes the impact the visit will have on survivors, their families and communities.
Edmonton, one of the cities the Pope plans to visit, is part of Treaty 6 territory, which spans central Alberta and Saskatchewan.
“It is my hope we are on a path to healing and that survivors’ truths are validated with this historic visit to our territories,” Arcand said.
The Union of British Columbia Indian Chiefs called for the trip to include the former Kamloops Residential School site, where potential graves were discovered almost a year ago.
Multiple discoveries of unmarked graves have occurred at former residential school sites since.
Chief Rosanne Casimir of the Tk’emlups te Secwepemc First Nation said it’s a missed opportunity for the Pope to hear directly from the survivors of the former Kamloops Residential School.
“While we understand the vastness of Canada and the need to make the trip to Canada manageable for him, it is really unfortunate that he will not have the opportunity to come to Kamloops Residential School, the largest residential school in the country run by the Catholic Church,” Casimir said.
“(Survivors) need to witness a true, meaningful apology from the highest level, from the Pope himself.”
Speaking to reporters in French on Friday, Crown-Indigenous Relations Minister Marc Miller welcomed the Pope’s planned visit as an opportunity to speak to survivors.
With files from CTV News Winnipeg and The Canadian Press
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.
CTVNews.cactvnews.caproducers@bellmedia.ca
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https://localnews8.com/cnn-regional/2022/05/14/popes-planned-tour-of-canada-draws-mixed-reactions-from-indigenous-leaders/
| 2022-05-14T17:16:09Z
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NEW YORK (AP) — Some of the movies’ biggest stars barely speak a word of English, or any other language for that matter. Sure, you can occasionally hear them say “Banana!” or possibly “Smoochy smoochy!” but most of what they say is gibberish. The Minions may be the world’s most popular, and lucrative, foreign language movie stars — even if “Minionese” isn’t an officially recognized language.
This summer, the goggle-wearing yellow ones will return yet again to further expand their sizable empire in “Minions: Rise of Gru” (in theaters July 1). The “Despicable Me” franchise (a fourth is due in 2024) and its “Minions” spinoffs already rank as the highest-grossing animated film franchise ever with more than $3.7 billion in tickets sold worldwide.
That’s a big reason why “Rise of Gru” was held back by Universal Pictures for the last two years during the pandemic. The Minions — a second-banana scene-stealing horde of mostly incompetent but fiercely loyal henchmen — have in 12 years become a formidable force and a ubiquitous culture presence.
“There’s a lot of them so they have a kind of power in that they can overwhelm,” says Chris Renaud, producer of “Rise of Gru” and director of the first two “Despicable Me” movies. “It’s like power by wearing you out.”
“There’s a paradox about them,” says Kyle Balda, director of “Rise of Gru,” “Minions” and “Despicable Me 3.” “They want to serve an evil boss of some sort yet there’s nothing evil about them, really. They’re quite good-natured except they like to see others fail a little bit. They laugh at each other’s misfortune. They’re very flawed, but their flaws end up working out for them. One of the things we often say is: They fail upward.”
Failing upward has gotten the Minions very far, indeed, especially considering how close they came to never quite clicking in the first place. When the filmmakers and artists ofthe Paris-based animation studio Illumination were developing “Despicable Me,” the original script had them as “henchmen and technicians” and the early mock-ups drew them as hulking tough guys, almost Orc-like monsters.
Then they were cylindrically shaped robots. But the filmmakers — including Renaud, co-director Pierre Coffin and art director Eric Guillon — kept playing with the concept, trying to channel the spirit ofthe Jawas in “Star Wars” or the Oompa Loompas in “Willy Wonka & the Chocolate Factory.” Since “Despicable Me” was based on Gru, the evildoing protagonist, the Minions needed to help balance him. If the Minions loved him, he could love the Minions.
“Pierre was the one who said ‘Maybe they shouldn’t be robots,’” recalls Renaud. “I said, ‘Well, what about mole people?’ And he goes, ‘I don’t know what that is.’ So I sent a couple ugly sketches to Pierre and Eric, and then Eric did a sketch that’s basically what you see you today. We were like, ‘OK, that looks like a pill with a goggle on it. That could work.’”
But what, exactly, were the Minions? Even their creators weren’t immediately sure. They pondered a wide range of ideas. Were they created in a lab by the movie’s gadget-maker, Dr. Nefario? The Minions were effectively blank slates, and the filmmakers could funnel just about any slapstick influence through them, from Charlie Chaplin to James Bond. A breakthrough, Renaud says, came while they were scripting a scene where the Minions craft Gru’s internet dating profile and “go full incompetent.”
That was when the “Despicable Me” filmmakers started to sense that they had hit on something potentially big — a truly cartoon creation with limitless possibilities. The Minions, wide-eyed and (mostly) innocent, were like kids.
“When we do design work, it’s like baby animals,” says Renaud. “Even if they’re behaving poorly, you forgive them and laugh at it, the way you would with your own kids.”
Just as key, too, was Coffin’s voicing of the Minions. Coffin has voiced (with the aid of pitch modulation) nearly all the minions in each film, spitting out half-words, onomatopoeias and a grab bag of expressions from a wide spectrum of languages. If Coffin and the team had Indian food for lunch, the Minions would be shouting “Tikka Masala!” by dinner.
Because the Minions started out loosely defined, and their very nature a little mysterious, the franchise has offered them a chance to continually evolve. In 2015’s “Minions,” their backstory got filled in a little;a montage followed them through history and a long line of bosses, from a Tyrannosaurus rex to Napoleon — all of whom the Minions unwittingly sabotage. Some Minions — Kevin, Stewart and Bob — have been isolated like a trio of siblings. “The Rise of Gru” picks up after they meet young Gru, who they call “mini-boss” even though he wants to be taken seriously as a villain.
“It’s sort of like a romantic comedy where it doesn’t all work out nicely in the beginning,” says Balda. “Boy meets girl, boy loses girl, boy gets girl back. But in this case, Gru is the girl because it’s the Minions who are really courting him.”
Family moviegoing fell considerably during the pandemic, during which several prominent films for kids went straight to streaming. But the recent box-office successes of films like “Sonic the Hedgehog 2” and “The Bad Guys”have suggested families are eager to return to theaters. There are other family-friendly movies heading to theaters this summer (most notably “Lightyear,” the first Pixar film to open theatrically in two years), but the Minions and “Rise of Gru” hope to help lead the way. A trailer for the film ends with the Minions, like children at the movies, filing into a theater and hopping into their seats.
Meanwhile, the work continues for the filmmakers to find out a little more about the juggernaut they created, and to keep coming up with new gags for the Minions. In “Rise of Gru,” they learn kung fu, a complication considering the size of their legs. Luckily, it’s not really even up to the filmmakers. The Minions are in charge.
Says Balda: “It’s almost like the Minions tell you what they want to do as you’re drawing them.”
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Follow AP Film Writer Jake Coyle on Twitter at: http://twitter.com/jakecoyleAP
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https://cw33.com/entertainment-news/ap-entertainment/summer-preview-banana-the-minions-expand-their-empire/
| 2022-05-05T22:50:29Z
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The office of a conservative political organization that lobbies against abortion rights was vandalized and damaged by fire on Sunday morning in Madison, Wisconsin, in what police are investigating as arson.
The fire and vandalism happened at the office of Wisconsin Family Action, CNN affiliate WISC reported. WFA is a political action committee that lobbies against abortion rights and same-sex marriage, according to its website.
Emergency dispatchers received a call from a passerby who saw fire coming from an office building on Sunday morning, Madison Police communications supervisor Keith Johnson told CNN. Madison Fire Department firefighters were called to the building at about 6 a.m. and were quickly able to put out the blaze, officials said. No injuries were reported.
Fire investigators believe the fire was intentionally set and are investigating the incident as arson, said the fire department.
A molotov cocktail, which did not ignite, was thrown inside the building, Madison police said in an incident report. It appears a separate fire was started, police said, and graffiti was also found at the scene.
An image from WISC shows the graffiti written on the wall of the office: "If abortions aren't safe, then you aren't either."
WFA President Julaine Appling told WISC that someone threw molotov cocktails into the office and burned books.
The alleged arson comes days after Politico published a draft of a Supreme Court majority opinion written by Justice Samuel Alito that would strike down Roe v. Wade, the 1973 ruling that the constitution protects a woman's right to an abortion.
The opinion would be the most consequential abortion decision in decades and transform the landscape of women's reproductive health in America. The final opinion in the case -- Dobbs v. Jackson, which concerns a challenge to Mississippi's 15-week ban on abortion -- is not expected to be published until late June.
In a statement, Madison Police Chief Shon Barnes said WFA appeared to have been targeted because of its beliefs.
"Our department has and continues to support people being able to speak freely and openly about their beliefs. But we feel that any acts of violence, including the destruction of property, do not aid in any cause," said Barnes. "We have made our federal partners aware of this incident and are working with them and the Madison Fire Department as we investigate this arson."
Law enforcement officials in Washington, DC, began bracing this week for potential security risks posed by reactions to the leaked draft.
Late Wednesday night, security teams began installing an 8-foot-tall, non-scalable fence around parts of the Supreme Court building, and Thursday night, crews set up concrete barriers blocking the street in front of the court.
Wisconsin is one of a number of states that had an abortion restriction in place prior to the Roe ruling that has never been removed. Wisconsin Attorney General Josh Kaul, a Democrat, said earlier this week the state's Department of Justice would not enforce the law if the Supreme Court overturned Roe, according to CNN affiliate WKOW.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.albanyherald.com/news/office-of-anti-abortion-organization-in-wisconsin-targeted-in-arson-attack-police-say/article_640ee0b5-485f-5284-9d41-25d8a7d27ec8.html
| 2022-05-08T20:04:24Z
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For the first time, a drug targeting a protein that drives breast cancer growth has been shown to work against tumors with very low levels of the protein.
It’s not a cure. But this latest gain for targeted cancer therapy could open new treatment possibilities to thousands of patients with advanced breast cancer.
Until now, breast cancers have been categorized as either HER2-positive — the cancer cells have more of the protein than normal — or HER2-negative. Doctors reporting the advance Sunday said it will make “HER2-low” a new category for guiding breast cancer treatment.
About half of patients with late-stage breast cancer formerly categorized as HER2-negative may actually be HER2-low and eligible for the drug.
The drug is Enhertu, an antibody-chemotherapy combo given by IV. It finds and blocks the HER2 protein on cancer cells, while also unloading a powerful cancer-killing chemical inside those cells. It belongs to a relatively new class of drugs called antibody-drug conjugates.
The drug was already approved for HER2-positive breast cancer, and in April the Food and Drug Administration granted it breakthrough status for this new group of patients.
In the new study, the drug lengthened the time patients lived without their cancer progressing and improved survival compared with patients given standard chemotherapy.
The study compared Enhertu to standard chemo in about 500 patients with HER2-low breast cancer that had spread or could not be treated with surgery. The drug stopped the progress of cancer for about 10 months compared with about 5 1/2 months in the group getting regular care. The drug improved survival by about six months (from 17.5 months to 23.9 months).
“It’s a practice-changing study,” said Dr. Sylvia Adams, who directs breast cancer care at NYU Langone Health and enrolled several patients in the study. “It addresses a major unmet need for patients who have metastatic breast cancer.”
Now, it will be important to define the HER2 gray area to make sure the right patients receive the treatment and then to monitor them closely, experts said.
The drug, which costs about $14,000 a month, can have severe complications. Three patients in the study died of a lung disease that’s a known hazard of the drug. Doctors need to make sure patients report breathing problems right away so the drug can be stopped and patients treated with steroids.
The findings were featured Sunday at the annual meeting of the American Society of Clinical Oncology in Chicago and published by the New England Journal of Medicine. Funding for the study came from Tokyo-based Daiichi Sankyo and U.K.-based AstraZeneca, which jointly developed the drug.
Patients take the drug until they can no longer tolerate it.
“A lot of people, including a lot of patients, will not have heard of HER2-low breast cancer before,” said the study’s lead author, Dr. Shanu Modi of Memorial Sloan Kettering Cancer Center in New York.
“We finally have a HER2-targeted drug that for the first time can target that low level of HER2 expression,” Modi said. “This drug actually helps to define HER2-low breast cancer. It makes it, for the first time, a targetable population.”
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The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
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https://cw33.com/health/ap-health/researchers-breast-cancer-drug-could-help-more-patients/
| 2022-06-06T08:43:59Z
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FRESNO, Calif., Aug. 9, 2022 /PRNewswire/ -- Members of the Fresno City Council joined with health and safety advocates from Alcohol Justice and the Friday Night Live Partnership at Fresno City Hall Tuesday to condemn California SB 930. The "gut & amend" bill, authored by Senator Scott Wiener (D-San Francisco) and Assembly Member Mark Haney (D-San Francisco) is the 5th attempt since 2013 to disrupt the protections of California's statewide uniform last call.
"All previous attempts to disrupt the protections of a uniform statewide 2 a.m. last call have failed and for good reason – it's a terrible public policy change for California," stated Cruz Avila, Executive Director of Alcohol Justice. "Today we are here together, in my home town of Fresno, to say NO to SB 930 and NO WAY to creating a dangerous new class of California late night, bar hopping, impaired commuters."
SB 930 would allow closing times for on-sale retailers to be extended from 2 a.m. to 4 a.m. as part of a dangerous "pilot program." The experiment would take place in 6 cities: San Francisco, Oakland, West Hollywood, Cathedral City, Coachella, and Palm Springs. Fresno was originally the 7th city in the pilot program but requested to be removed from the bill due to intense opposition among Fresno city leaders who will be voting on an opposition resolution on Thursday.
"The effort to keep Fresno bars open until 4 a.m. from 2 a.m. was reckless and dangerous," said Fresno City Councilmember Gary Bredefeld. "Our great Fresno Police already have to deal with numerous DUI arrests nearly every day. That's why several Council colleagues and I are bringing forward a Council resolution on August 11th opposing this stupidity. This bill, SB930, not surprisingly is authored by one of the most left-wing, radical, pro-criminal politicians that exists in Sacramento. Should it pass, our citizens and their families will have a greater chance of being injured or killed due to having more drunk drivers on our roads. That is why I will do everything to make sure this doesn't happen. Having drinking continue until 4 a.m. will only yield more tragedies on our roads and highways and would be just one more insane policy from Sacramento politicians causing destruction in our community. This bill must be defeated."
" The City of Fresno has shown itself to be a leader in developing and upholding policies that put the well-being of its citizens first," stated Lynne Goodwin, Administrator Friday Night Live Partnership. " A city council resolution to oppose SB930 will demonstrate this city's continued commitment to putting the health and welfare of the people first. "
Public health and safety experts and advocates throughout the state are convinced there is no "local control" when it comes to alcohol because the danger, harms and costs will not stay in the "Pilot Project Cities" where the drinking and economic benefits occur. If the bill becomes law, all surrounding communities of pilot project cities will be threatened by late night drinkers traveling drunk and fatigued in the early morning commute hours.
"We already have a crisis of drunk drivers in Fresno County, said Steve Brandau, District 2 Supervisor Fresno County Board of Supervisors. "Fresno is considered the most dangerous city in California for drunk drivers, and 25th in the entire nation. Extending operating hours so bars can sell alcohol until 4 a.m. is a cocktail recipe for disaster – and a bad fit for Fresno. I am opposed."
According to the Center for Disease Control (CDC), California currently suffers more annual alcohol-related harm than any other state: 11,000 alcohol-related deaths, $35 billion in total costs, $18.5 billion in state costs. The CDC also identifies maintaining existing last call times as one of the 10 key policies for reducing the harms from reckless drinking and from alcohol-related motor vehicle deaths.
Fresno is following actions by the Los Angeles City Council which passed a resolution of opposition last week, and the powerful Los Angeles County Democratic Party (LACDP) that came out against SB 930 in a recent letter to Senator Scott Wiener, co-author of SB 930.
"I've talked to our downtown businesses and they don't want 4 a.m., said Fresno Councilmember Miguel Arias (District 3). "It would impose more costs with very little extra revenue being generated. They also know that patrons leaving drunk at 4 a.m. will be running into farm workers on their way to work. This policy doesn't fit in our city, our community. It's just not necessary."
SB 930:
- Is a poorly conceived and inadequately funded pilot project
- Strips away uniform protections of statewide 2 a.m. last call
- Costs the state at least $3-4 million per year to administer, mitigate the harm, and clean the blood off the highway; costs cities and towns in "Splash Zones" millions more
- Disregards 40 years of peer-reviewed, public health research on the dangers of extending last call
- Ignores the existing annual catastrophe of alcohol-related harm in California
- Uses the false narrative of COVID economic recovery to subsidize and reward late-night alcohol-sellers at government and tax-payer expense
"Fresno leaders are absolutely using power in the right way," stated Carson Benowitz-Fredericks, MSPH, CHES, Research Director, Alcohol Justice. "As a public health expert, I would argue they are using power in the only right way—to protect the residents of this city from reckless, short-sighted, science-denying policies promoted by politicians who would tip the rest of the state off the cliff just to enjoy the drunken view from 4 a.m. Now, let's stand up for every community in this state and use every bit of power we have to stop SB 930."
Alcohol Justice encourages the public to TAKE ACTION to STOP SB 930: Text JUSTICE to 313131 or visit: https://alcoholjustice.org/take-action/stop-sb-930-no-late-last-calls-in-ca-not-now-not-ever
CONTACT: Jorge Castillo 213 840-3336
Michael Scippa 415 548-0492
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SOURCE Alcohol Justice; California Alcohol Policy Alliance
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https://www.kxii.com/prnewswire/2022/08/10/fresno-city-council-members-safety-advocates-come-together-oppose-dangerously-flawed-california-sb-930-4-am-bar-bill/
| 2022-08-10T02:39:28Z
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The Two Chart-Topping and Combined 7x Grammy Award-Winning Music Producers and Songwriters to Lead KINGSHIP's Music Direction
Check Out KINGSHIP's First Sound in Behind-the-Scenes Studio Session VIDEO
SANTA MONICA, Calif., Sept. 12, 2022 /PRNewswire/ -- KINGSHIP, the NFT supergroup signed to 10:22PM, announced today that two chart-topping and award-winning music producers and songwriters Hit-Boy and James Fauntleroy have signed on as the group's co-executive producers and sonic creative team, overseeing the evolution of the group's music direction and sound. Together, they will work with Arnell, the group's Mutant DJ and Producer.
10:22PM and KINGSHIP, whose members include Captain (vocals, bass), KING (lead vocals), Arnell (beats, producer, drums) and Hud (guitar, keyboards, vocals), shared a first-ever glimpse of the group's musical direction in a 30-second animation titled "Rider," which acts as the second chapter in the group's story. This animation also reveals the group's recent partnership with M&M'S®.
"I'm always looking to push things forward musically," said Hit-Boy, "and this is a great opportunity to do something new in the web3 space."
Fauntleroy added, "It's so exciting to be a part of something historical and ambitious. As a huge nerd, and music fanatic, I can't wait to see what comes from the intersection of the web3 collectors/creatives and the entertainment creative community."
"KINGSHIP's journey is rooted in storytelling, experiences and music," said Celine Joshua. "I'm incredibly thankful that Hit-Boy and James Fauntleroy, two of the most influential and creative geniuses in the entire industry, are coming together to develop the music and sound for KINGSHIP."
As one of the music industry's most sought out producers and artists, the California-bred Hit-Boy has more than earned his moniker. Born Chauncey Hollis, the 3x Grammy Award-winning multi-hyphenate artist from Pasadena and the neighboring Inland Empire boasts an impressive roster of credits, from wielding pop smashes for Beyoncé, Rihanna and Ariana Grande, to producing hit records for Jay-Z, Kanye West, Kendrick Lamar, Travis Scott, and more over his thirteen plus years in the industry. As a rapper and songwriter in his own right, Hit-Boy has recorded and released seven mixtapes and three collaborative albums. Recently earning a Grammy for Nas' King's Disease (He served as an executive producer on the 'Best Rap Album'), the super producer earned his first-time Grammy nomination for 'Producer of the Year' category in 2021. He has racked up several additional accolades, including 'Producer of the Year' at the 2021 and 2020 BET Hip-Hop Awards, 'Producer of the Year' at the XXL Awards, 'Outstanding Producer of the Year' at the 2021 NAACP Image Awards and Complex's 'Best Hip-Hop Producer Alive' of 2020. He also served as executive producer on Big Sean's Detroit 2 (debuted No. 1 on the Billboard 200), is currently working on his own artist project, Surf Or Drown (Q4 2022), and recently produced 'THIQUE' on Beyoncé's latest Billboard 200 #1 project, Renaissance.
A music industry heavyweight, Fauntleroy is a 4x Grammy Award winner best known for co-writing seven songs off of Bruno Mars' 2017 multi-Grammy-winning album 24K Magic, including 'Song of the Year,' "That's What I Like," and becoming the first [pure] songwriter to ever bring home a Grammy for 'Album of the Year.' As a songwriter, he has worked on tracks for Chris Brown, Justin Timberlake, Rihanna, Beyoncé, and more. He is featured on songs with Nipsey Hussle, Drake, Big Sean, Kendrick Lamar, J. Cole, Nas, Travis Scott and A$AP Rocky, among others. He's also co-written and/or produced songs performed by BTS, John Legend, SZA, Snoop Dogg, Stevie Wonder, Ty Dolla $ign, Joe Jonas, Jordin Sparks, Britney Spears, Brandy, Kelly Clarkson, Frank Ocean, Chris Cornell, Vince Staples, David Archuleta, Pet Shop Boys, Timbaland, Jhené Aiko, Mariah Carey, Jay Electronica, John Mayer, Leona Lewis, Diddy, Ashanti, Usher, Teyana Taylor, Anderson .Paak and more.
Additionally, Fauntleroy has a background in 3D modeling, web design and coding and frequently experiments and collaborates with the world's leading visual artists. Alongside producer Larrance Dopson and entrepreneur Twila True, Fauntleroy founded the 1500 Sound Academy in Inglewood, California, where students from the area and across the globe come to learn about engineering, producing, branding, publishing business and songwriting from expert guest speakers and a curriculum that spans practical information along with the musical and technical lessons.
Last month, KINGSHIP sold out their entire collection of 5,000 access-enabled Key Cards in the form of non-fungible tokens (NFTs) and ranks No. 1 on OpenSea's Music NFT chart.
The collectible Key Cards feature different KINGSHIP members and contain unique attributes, some more rare than others. In addition to membership to the group's virtual world, located on an island far away from the swamp where Captain, KING, Arnell and Hud were born, the Key Cards will also unlock exclusive access to music, content, products, and a token-gated community, as well as a special token-gated Discord channel.
Headshots, images, video, animation, logos and other KINGSHIP assets can be found here.
KINGSHIP, stylized in all uppercase letters, consists of three rare Bored Apes and a rare Mutant Ape: Captain (vocals, bass), KING (lead vocals), Arnell (beats, producer, drums) and Hud (guitar, keyboards, vocals).
Website: KINGSHIP.io
Discord: https://discord.gg/kingship
Twitter: https://twitter.com/therealkingship
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SOURCE 10:22PM/Universal Music Group
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https://www.kxii.com/prnewswire/2022/09/12/hit-boy-amp-james-fauntleroy-join-kingship-co-executive-producers-songwriters/
| 2022-09-12T15:18:00Z
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Company receives second award in three years in the category of Enhanced/Verified Monitoring.
DALLAS, Texas, May 31, 2022 /PRNewswire/ -- Evolon Technology, Inc., a developer of proprietary software technology that takes surveillance video and turns it into real-time actionable information, today announced that the company was awarded a 2022 ESX Innovation Award. The award was announced by the Electronic Security Association (ESA) in advance of the 2022 Electronic Security Exchange (ESX) Conference and Expo scheduled to be held in Fort Worth, Texas, June 14-17, 2022.
According to the ESA, the ESX Innovation Awards recognize "some of the best and most promising products and services in the electronic security and life safety industry." Criteria for selection include the product's "innovation, end-user experience, compliance with regulations, impact on company [valuations], and efficiencies." This year's award was given in recognition of Evolon Enterprise™ 2.0 in the category of Monitoring (Central Station) for Enhanced/Verified Monitoring.
Evolon Enterprise 2.0 fuses extremely robust object-of-interest detection algorithms with advanced artificial intelligence (AI) classification delivered over a near-edge appliance. The advanced integrated process of edge detection and classification delivered via an appliance enables organizations to get more accuracy with less data transmission. With Evolon Enterprise 2.0, businesses can effortlessly add advanced AI and analytics to virtually any existing camera, including legacy analog, HD, and IP cameras.
"We're elated to be recognized by the ESA in this category for the second time in three years," said Kevin Stadler, Evolon's CEO. "This award not only validates the efficacy of our analytics and AI technology, but it also affirms our company's strategic direction. We see the combination of detection and classification on the same appliance as revolutionary in that the combination of proven analytics backed by AI verification helps ensure hyper-accurate alerting on only valid security threats. This can reduce the frequency of nuisance alarms by over 90%, and when combined with our long-distance accuracy, this allows for reduced installation costs, reduced network traffic and more operational efficiency. We're tremendously proud of this accomplishment."
More information on the ESX Innovation Awards can be found at: https://esxweb.com/esxs-2022-innovation-awards/
Evolon (formerly Jemez Technology) provides advanced, highly accurate perimeter surveillance software technology for critical infrastructure protection and central station monitoring, and its patented software & analytics transform video security cameras and security systems into smart devices by eliminating nuisance alerts. Evolon's award-winning edge-based video analytics and AI/deep learning solutions are fully scalable for commercial and government organizations that require real-time situational intelligence to enhance security effectiveness and to reduce the potential for loss due to criminal activity or business downtime. Evolon was founded by a talented team of former engineers and scientists from the U.S. Department of Energy's Los Alamos National Laboratory, with decades of national security experience in the design and deployment of advanced surveillance technologies. For more information, visit www.evolontech.com.
Evolon, the Evolon logo, and Evolon Enterprise are trademarks of Evolon Technology, Inc. All rights reserved.
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https://www.mysuncoast.com/prnewswire/2022/05/31/evolon-awarded-2022-esx-innovation-award/
| 2022-05-31T16:42:17Z
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SEATTLE, May 19, 2022 /PRNewswire/ -- Boeing [NYSE: BA] and International Airlines Group (IAG) today announced an order for a combined total of 50 737-8-200s and 737-10s, plus 100 options.
"The addition of new Boeing 737s is an important part of IAG´s short-haul fleet renewal. These latest generation aircraft are more fuel efficient than those they will replace and in line with our commitment to achieving net zero carbon emissions by 2050," said Luis Gallego, IAG´s chief executive.
The 737-8-200 will enable IAG to configure the airplane with up to 200 seats, increasing revenue potential and reducing fuel consumption.
The largest model in the family, the 737-10 seats up to 230 passengers in a single-class configuration and can fly up to 3,300 miles. The fuel-efficient jet can cover 99% of single-aisle routes, including routes served by 757s.
"With the selection of the 737-8-200 and larger 737-10, IAG has invested in a sustainable and profitable future, as both variants will significantly lower operating costs and CO2 emissions," said Stan Deal, president and CEO of Boeing Commercial Airplanes. "Today's agreement for up to 150 airplanes, including 100 options, is a welcome addition of the 737 to IAG´s short-haul fleets and reflects our commitment to support the Group's continued network recovery and future growth with Boeing's unrivalled family of airplanes."
The 737 incorporates the latest-technology CFM International LEAP-1B engines, Advanced Technology winglets and other improvements to deliver the highest efficiency, reliability and passenger comfort in the single-aisle market. The 737 family of airplanes is on average 14% more fuel-efficient than today's most efficient Next-Generation 737s and 20% more efficient than the original Next-Generation 737s when they entered service.
Today's announcement finalizes a commitment made by IAG for the 737 at the 2019 Paris Air Show and is subject to approval by IAG shareholders.
As a leading global aerospace company, Boeing develops, manufactures and services commercial airplanes, defense products and space systems for customers in more than 150 countries. As a top U.S. exporter, the company leverages the talents of a global supplier base to advance economic opportunity, sustainability and community impact. Boeing's diverse team is committed to innovating for the future, leading with sustainability, and cultivating a culture based on the company's core values of safety, quality and integrity. Join our team and find your purpose at boeing.com/careers.
Contact
Keelan Morris
Boeing Communications (London)
Mobile + 44(0)208 235 5664
keelan.j.morris@boeing.com
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https://www.wibw.com/prnewswire/2022/05/19/international-airlines-group-finalizes-agreement-up-150-737-jets/
| 2022-05-19T06:48:07Z
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The Economic Club of Phoenix, hosted by the W. P. Carey School of Business at Arizona State University, announces its autumn speaker lineup
TEMPE, Ariz., Aug. 11, 2022 /PRNewswire/ -- The Economic Club of Phoenix (ECP) speaker series — hosted by the W. P. Carey School of Business at Arizona State University — is celebrating its 38th anniversary and has become the premier forum in the Valley for the exchange of ideas about business and the economy.
Since the club's launch in January 1985, audiences have come to hear from leaders of top businesses and organizations in the Phoenix area and beyond.
This season, one of those leaders is W. P. Carey's new dean. Another is the first Latino president and CEO in NHL history. Plus, we'll hear from the founder and CEO of the leading artificial intelligence assistant for recruiting.
"I'm looking forward to kicking off the fall season of this longstanding event and sharing our strategic plan, which will address critical areas of growth and opportunity for the school," said Ohad Kadan, dean of Arizona State University's W. P. Carey School of Business. "This is a plan for the entire business community, laying out critical areas of development not just for our school, but for Arizona, for organizations, and the economy."
Tuesday, Aug. 23, 2022
August ECP featuring a fireside chat with W. P. Carey Dean Ohad Kadan, who will share more about the school's five-year strategic plan, including topics on workforce development, ESG, and real estate
Tuesday, Sept. 27, 2022
September ECP featuring Xavier Gutierrez, president and CEO of the Arizona Coyotes
Tuesday, Oct. 25, 2022
2022 Spirit of Enterprise Award honoring Aaron Matos, founder and CEO of Paradox
Fans of ECP may also enjoy …
Wednesday, Nov. 16, 2022
59th annual ASU/PNC Bank Economic Forecast Luncheon featuring economic experts
Virtual ECP events are free of charge and run from noon to 1 p.m. (Arizona time), live on Zoom. The 59th annual ASU/PNC Bank Economic Forecast Luncheon is a paid event presented by W. P. Carey's Department of Economics. It is being offered both in-person and virtually, from 11:15 a.m. to 1:30 p.m. (Arizona time).
The 2023 ECP season will be announced as details are finalized.
To see the latest information and register for upcoming virtual and in-person events, visit econclubphx.org or call 480-727-0596.
Media note: Please consider adding these events to your community calendar.
The W. P. Carey School of Business at Arizona State University is one of the top-ranked business schools in the United States. The school is internationally regarded for its research productivity and its distinguished faculty members, including a Nobel Prize winner. Students come from more than 100 countries and W. P. Carey is represented by alumni in over 160 countries. Visit wpcarey.asu.edu.
Shay Moser
W. P. Carey School of Business
shay.moser@asu.edu
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SOURCE W. P. Carey School of Business at Arizona State University
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https://www.kxii.com/prnewswire/2022/08/11/asus-new-business-dean-kick-off-fall-2022-economic-club-phoenix-season/
| 2022-08-11T16:45:18Z
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MAVERIX BOLSTERS GROWTH PIPELINE WITH ACQUISITION OF ROYALTY PORTFOLIO FROM BARRICK GOLD
Published: Sep. 1, 2022 at 6:38 PM CDT|Updated: 1 hour ago
All amounts are in U.S. dollars unless otherwise indicated.
VANCOUVER, BC, Sept. 1, 2022 /PRNewswire/ - Maverix Metals Inc. ("Maverix" or the "Company") (NYSE American: MMX) (TSX: MMX) is pleased to announce that it has acquired a portfolio of 22 royalties (the "Royalty Portfolio") from Barrick Gold Corp. ("Barrick") for upfront cash consideration of $50 million and contingent consideration of up to $10 million depending on certain events occurring (the "Transaction").
The Royalty Portfolio includes royalties on development, advanced exploration and exploration stage projects located predominantly in Canada, the United States, and Australia. The portfolio comprises multiple assets that contain multi-million gold equivalent ounces of reserves and resources, highlighted by a 1.0% royalty on Skeena Resources' Eskay Creek gold-silver project in the prolific Golden Triangle of British Columbia. The Eskay Creek project is currently undergoing a feasibility study that is expected to be completed in the third quarter of 2022.
Dan O'Flaherty, CEO of Maverix, commented, "This transaction marks another important milestone in our continued growth at Maverix. We are pleased to add Barrick alongside Newmont, Pan American Silver, Kinross and Gold Fields, to the list of reputable counterparties from which we have acquired royalty portfolios. This portfolio boasts significant existing attributable mineral inventory with meaningful exploration potential in historic mining geographies. The acquisition increases our portfolio to a total of 147 royalties and streams and enhances our already robust exposure to the next generation of gold mines."
Key Royalties
Eskay Creek Royalty
A 1.0% net smelter return ("NSR") royalty on the Eskay Creek project, located in British Columbia, operated by Skeena Resources Limited ("Skeena").
Eskay Creek is a past-producing gold-silver mine located in the Golden Triangle of northwest British Columbia. Eskay Creek has proven and probable mineral reserves of 26.4 million tonnes at 3.37 grams per tonne ("g/t") gold and 94 g/t silver containing approximately 2.9 million ounces of gold and 80.2 million ounces of silver. In July 2021, Skeena completed a pre-feasibility study for the project which highlighted a high-grade open-pit operation producing an average of 249,000 ounces of gold and 7.2 million ounces of silver per year with an initial mine life of approximately 10 years generating an after-tax NPV5% of C$1.4 billion and a 56% IRR at a $1,550 per ounce gold price. Skeena is currently completing a feasibility study which is expected to be released in the third quarter of 2022. (1)
Skeena has the right to purchase 0.5% of the 1.0% royalty for a cash payment of C$17.5 million.
A 2.0% NSR royalty on the Bullfrog Gold project operated by Augusta Gold Corp. ("Augusta").
Bullfrog Gold is a past-producing gold-silver mine located in the prolific Bullfrog mining district near Beatty, Nevada. Bullfrog Gold has measured and indicated resources of 71 million tonnes at 0.53 g/t gold and 1.26 g/t silver containing approximately 1.2 million ounces of gold and 2.9 million ounces of silver. Additionally, there are inferred resources of 16.7 million tonnes at 0.48 g/t gold and 0.96 g/t silver containing approximately 0.3 million ounces of gold and 0.5 million ounces of silver. Augusta expects to complete a pre-feasibility study in the fourth quarter of 2022 with a path to commercial production by 2024, subject to the preparation of up-to-date economic studies, an affirmative board production decision, and financing. (2)
The 2.0% royalty rate is subject to change such that the maximum aggregate royalty on any individual mining claim shall not exceed 5.5% but shall be a minimum 0.5% on any individual mining claim.
For more information on Bullfrog Gold, please visit augustagold.com.
Lagunas Norte Royalty
A 2.0% NSR royalty on the refractory sulphide ore project ("PMR") of the Lagunas Norte mine operated by Boroo Pte Ltd ("Boroo").
Lagunas Norte is an open-pit heap-leach mine located in the Alto Chicama mining district in northern Peru and has produced over 10 million ounces of gold since 2005. As of June 30, 2021, Lagunas Norte had proven and probable reserves of 49.4 million tonnes at 2.49 g/t gold and 6.24 g/t silver containing approximately 4.0 million ounces of gold and 9.9 million ounces of silver. In December 2021, Boroo announced a new technical report for Lagunas Norte, which included the PMR project and had a 22 year mine life producing an average of 147,000 ounces of gold per year. (3)
The royalty terminates after one million ounces of gold has been sold from the PMR and Boroo has the right to buy back the royalty for a cash payment of $16 million before July 1, 2023.
For more information on the Lagunas Norte PMR Project, please visit boroomc.com.sg.
Sanutura (South Houndé) Royalties
A pair of 1.0% – 2.0% NSR royalties on the Tankoro deposit of the Sanutura project operated by Sarama Resources Ltd. ("Sarama").
The Tankoro deposit is the primary deposit of Sanutura, Sarama's flagship project located in the prolific Houndé Belt in Burkina Faso. The Tankoro deposit hosts an indicated resource of 9.4 million tonnes at 1.9 g/t gold containing approximately 0.6 million ounces of gold and an inferred resource of 43.6 million tonnes at 1.4 g/t gold containing approximately 1.9 million ounces of gold. Sarama is currently completing a 50,000 metre drill program to update the mineral resource estimate which will lead to a preliminary economic assessment expected to be completed in the fourth quarter of 2023. (4)
The royalty rate for each royalty is 2.0% when the realized gold price is greater than $1,500 per ounce, 1.5% when the realized gold price is between $1,300 per ounce and $1,500 per ounce, and 1.0% when the realized gold price is less than $1,300 per ounce. Each of the royalties terminate after one million ounces of gold has been sold from the applicable covered areas. The Sanutura royalties are subject to a right of first refusal.
Maverix will pay $50 million in cash to acquire the Royalty Portfolio. In addition, Maverix has agreed to make up to a total of $10 million in contingent payments if the following events occur within six years of the closing date of the Transaction: (i) $6 million payable upon Eskay Creek receiving all material permits required to commence construction; (ii) $2 million payable when Maverix has received $10 million in payments from the Royalty Portfolio (excluding any proceeds derived from Eskay Creek); and (iii) $2 million payable when Maverix has received $20 million in payments from the Royalty Portfolio (excluding any proceeds derived from Eskay Creek).
Maverix will use cash on hand and its revolving credit facility to fund the upfront purchase price of the Transaction. The Transaction is expected to close by the end of September and is subject to customary closing conditions.
Qualified Person
Brendan Pidcock, P.Eng., is Vice President, Technical Services for Maverix, and a qualified person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101"), has reviewed and approved the scientific and technical disclosure contained in this news release.
About Maverix
Maverix is a gold-focused royalty and streaming company with a globally diversified portfolio of over 140 assets. Maverix's mission is to increase per share value by acquiring precious metals royalties and streams. Its shares trade on both the NYSE American and the TSX under the symbol "MMX".
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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https://www.kxii.com/prnewswire/2022/09/01/maverix-bolsters-growth-pipeline-with-acquisition-royalty-portfolio-barrick-gold/
| 2022-09-02T00:44:31Z
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Lab Aims to Create Simple, Cost-effective Environment for 5G IoT Device
Manufacturers to Verify Device Performance
MORGAN HILL, Calif. and NEW DELHI, June 2, 2022 /PRNewswire/ -- Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, announces that it has collaborated with Anritsu, a global provider of test and measurement solutions for wireline and wireless technologies used in commercial, private, military/aerospace, government, and other markets, to launch an IoT (Internet of Things) Experience Lab. Located in Tech Mahindra's Fremont, CA facility, it will provide efficient testing of 5G devices used in emerging IoT use cases. The lab aims to create a simple, cost-effective environment for 5G IoT device manufacturers to verify device performance to ensure greater product confidence during pre-commercialization.
The IoT Experience Lab will be an incubator, as well as a research and development center, for IoT device manufacturers to validate their designs in the early development phase and to help launch best-in-class IoT products. The collaboration will leverage use cases developed by Tech Mahindra, and simple automated smart application software from Anritsu that automatically performs functional, performance, stress, and regression tests and provides user-friendly reports and logs to gauge device performance.
Rohit Madhok, Global Head of Digital Engineering Services, Tech Mahindra, said, "The advances in 5G will aid the evolution of innovative use cases in IoT. While this creates new opportunities, the way the design and manufacturing engineers validate products and procedures must also keep pace with the newer capabilities. Tech Mahindra's NXT.NOW™ strategy focuses on accelerating enterprises' 5G adoption and this collaboration with Anritsu to start an IoT Experience Lab at our Fremont facility is a significant step in this direction by enabling IoT device manufacturers to deliver high-quality solutions with much less time to market."
The experience lab consists of the Anritsu Radio Communication Test Station MT8000A, Radio Communication Analyzer MT8821C, Signalling Tester MD8475B, and Wireless Connectivity Test Set (WLAN) MT8862A. Device OEMs (Original Equipment Manufacturers) can access the lab to verify that their products are performing based on expected outcomes of applications in different verticals, including industrial IoT, telemedicine, autonomous vehicles, smart cities, and virtual reality (VR).
Robert E. Johnson, Anritsu Company General Manager and Vice President, said, "5G brings the advantages and efficiencies of wireless technology to applications that help define the 4th Industrial Revolution. Each use case creates unique operational challenges that require specific tests. Our collaboration with Tech Mahindra provides a resource for manufacturers to cost- and time-efficiently verify that their devices will operate according to specifications in the most challenging real-world environments."
By leveraging Tech Mahindra's 5G engineering strength to develop IoT devices ready for commercialization and Anritsu's support in multiple technologies, such as 5G Non-Standalone (NSA) and Standalone (SA), 4G LTE, and WLAN, this lab offers significant cost savings. It helps OEMs minimize the potential failures/returns when devices connect to commercial enterprise networks. As a forerunner in the 5G revolution, Tech Mahindra is committed to creating a human-centered, digitally connected, and integrated world by leveraging its NXT.NOW™ framework.
Anritsu is a provider of innovative communications test and measurement solutions. Anritsu engages customers as true partners to help develop wireless, optical, microwave/RF, and digital solutions for R&D, manufacturing, installation, and maintenance applications, as well as multidimensional service assurance solutions for network monitoring and optimization. Anritsu also provides precision microwave/RF components, optical devices, and high-speed electrical devices for communication products and systems. The company develops advanced solutions for emerging and legacy wireline and wireless technologies used in commercial, private, military/aerospace, government, and other markets.
To learn more visit www.anritsu.com and follow Anritsu on Facebook, LinkedIn, Twitter, and YouTube.
Tech Mahindra offers innovative and customer-centric digital experiences, enabling enterprises, associates and the society to Rise. We are a USD 6 billion organization with 151,000+ professionals across 90 countries helping 1224 global customers, including Fortune 500 companies. We are focused on leveraging next-generation technologies including 5G, Blockchain, Quantum Computing, Cybersecurity, Artificial Intelligence, and more, to enable end-to-end digital transformation for global customers. Tech Mahindra is the only Indian company in the world to receive the HRH The Prince of Wales' Terra Carta Seal for its commitment to creating a sustainable future. We are the fastest growing brand in 'brand strength' and amongst the top 7 IT brands globally. With the NXT.NOW™ framework, Tech Mahindra aims to enhance 'Human Centric Experience' for our ecosystem and drive collaborative disruption with synergies arising from a robust portfolio of companies. Tech Mahindra aims at delivering tomorrow's experiences today and believes that the 'Future is Now'.
We are part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies with 260,000 employees in over 100 countries. It enjoys a leadership position in farm equipment, utility vehicles, information technology and financial services in India and is the world's largest tractor company by volume. It has a strong presence in renewable energy, agriculture, logistics, hospitality and real estate. The Mahindra Group has a clear focus on leading ESG globally, enabling rural prosperity and enhancing urban living, with a goal to drive positive change in the lives of communities and stakeholders to enable them to Rise.
Connect with us on www.techmahindra.com || Our Social Media Channels: Facebook, Twitter, LinkedIn and YouTube
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SOURCE Anritsu Company
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https://www.kxii.com/prnewswire/2022/06/02/tech-mahindra-anritsu-collaborate-establish-iot-experience-lab-fremont-california/
| 2022-06-02T20:35:53Z
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Award-Winning Computer Science Learning Product Teaches the Language of Tomorrow to Students of Today
SCOTTSDALE, Ariz., Aug. 11, 2022 /PRNewswire/ -- Imagine Learning, the largest provider of digital curriculum solutions in the U.S., serving 15 million students in more than half the school districts nationwide, today announced new features for its newest product, Imagine Robotify. Designed to align with Computer Science Teachers Association (CSTA) standards, Imagine Robotify is a browser-based computer science learning platform that uses virtual, animated robots to teach coding to students in Grades 3-8 and beyond in an engaging, fun, and accessible way.
"At Imagine Learning, we are at the forefront of innovation, helping schools and families provide opportunity and access for learners," said Jeff Pendleton, SVP and General Manager of Supplemental and Intervention. "Since acquiring Robotify, our inventive team has found more ways to make teaching computer science and coding even more accessible and affordable."
Imagine Robotify is a browser-based digital solution designed to teach coding using the world's best computer science simulator. The platform offers learners the freedom and creativity they need to realize their original ideas and, in the process, develop their capacity for communication, collaboration, critical thinking, and creativity. Imagine Robotify provides students with the ability to master coding and computer science skills and apply their critical thinking to robotics, math, and science through project- and game-based learning. Students have access to more than 1,000 different coding activities and games, including 24/7 access to the latest virtual robots without having to ever purchase physical hardware.
- Best-in-class browser-based 3D robotics simulator, eliminating the need for expensive equipment to allow access and affordability to a much wider population of learners and teachers worldwide
- All new user interface
- One-stop shop of teacher resources and tools to instruct students
- Project-based learning using Blockly and Python that applies knowledge to build, reuse, edit and analyze code to solve problems
- New virtual robotics games to reinforce learning
- New customization feature enables teachers to assign specific lessons and challenges to a class
- Both coding and non-coding content for a full computer science curriculum
- Available in both English and Spanish, as well as French, Japanese, Korean, and Turkish
- New assessment and reporting tools to manage and track student performance as well as effectiveness of the program
In June, Imagine Robotify won the 2022 SIIA CODiE Award for Best Coding & Computational Thinking Solution. "Our mission has always been to show more students the power of computer science and coding," said Adam Dalton, co-founder and CEO of Imagine Robotify. "Receiving a prestigious CODiE Award is further proof that Imagine Robotify is making a difference and helping to empower equitable learning breakthroughs for all students."
Imagine Learning is a PreK–12 digital learning solutions company that ignites learning breakthroughs by designing forward-thinking solutions at the intersection of people, curricula, and technology to drive student growth. Imagine Learning serves more than 15 million students and partners with more than half the school districts nationwide. Imagine Learning's flagship products include Imagine Edgenuity®, online courseware and virtual school services solutions; supplemental and intervention solutions for literacy, language, mathematics, robotics, and coding; and high-quality, digital-first core curriculum, including Illustrative Mathematics®, EL Education®, and Odell Education®—all on the Imagine Learning Classroom—and Twig Science®. Read more about Imagine Learning's digital solutions at imaginelearning.com.
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https://www.wibw.com/prnewswire/2022/08/11/imagine-robotify-rolls-out-new-features-back-to-school/
| 2022-08-11T16:56:51Z
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The VANKYO Leisure 470 Pro, the next generation of the best mobile-friendly entertainment experience in the industry, offering optimum performance in a miniaturized device made available through the latest state-of-the-art display structure technology.
BELTSVILLE, Md., June 15, 2022 /PRNewswire/ -- Today, VANKYO, the world's leading innovative home entertainment projector brand, launches its newest product in the Full HD projector series. The Leisure 470 Pro - industry's smallest full HD 1080P LCD projector, representing a milestone in the development of VANKYO.
According to the NPD report, as of August 2021, VANKYO's sales had ranked first, accounting for 21.7% in the offline market. Following this success, VANKYO continues to bring the most advanced technologies to the marketplace. In the early stage of new product development, the VANKYO R&D team learned that the traditional Full HD 1080P projectors on the market are cumbersome and expensive, leading to the failure to meet the needs for users/prospective customers. Resulting from the global epidemic, the consumption trend is inclined to be miniaturized, modernized and more practical. As needs in portability and budget-friendly products continue to accelerate, and based on the popular trend of 5G WiFi technology, the VANKYO R&D team has finally developed this cost-effective Full HD 1080P flagship projector - VANKYO Leisure 470 Pro, successfully breaking the price barrier of over $200 for a Full HD 1080P projector.
The Leisure 470 Pro is compact and lightweight, making it a true portable companion for outdoor activity lovers. The optimized display structure and chipset provide stunning Full HD 1080P (in resolution) images in 250 inches, bringing outdoor enthusiasts hands-free mobile enjoyment. The ground-breaking fundamental innovations have indeed granted a perfect mobile projection solution for indoor and outdoor entertainment.
Best Portable Outdoor Phone Projector - the VANKYO Leisure 470 Pro
- Industry-Smallest in Size
VANKYO Leisure 470 Pro is designed in unprecedented smallest size - at least 40% smaller than mainstream native 1080p LCD projectors on the market, saving more space for indoor use and more convenient to be carried outdoors. Gather your family, neighbors or friends out for a movie on a starlit night in your backyard, or embark on a 'glamping' trip through RV/road trip for an ultimate entertainment experience.
- VANKYO's Newest Flagship Full HD 1080P Projector
Cinematic image quality, providing 30% higher brightness in the similar kind.
2022 upgraded ultra-fast 5G/2.4G dual-band network
Immersive surround sound and built-in cooling system
- Best budget
This flagship product with an accompanying carrying case perfectly balances good-quality and budget. It is now available for $169.99 at ivankyo.com and Best Buy.
Compared with VANKYO's popular product - the Leisure 470, what upgrades have been made on the flagship projector Leisure 470 Pro?
- 42% smaller in overall volume
- 30% higher brightness
- Upgraded resolution from 720P to 1080P
- Upgrade WiFi network from 2.4G to 5G
The launch of the Leisure 470 Pro is very likely to become a benchmark in the LCD field. Differentiated from high-priced DLP projectors, its newly updated display structure is going to stand out and function significantly in the industry. Compared with traditional TVs, iPads, mobile phones or other eye-damaging screens, a smart gadget delivering a large screen, protecting eyes effectively by adopting diffuse reflection with no flicker while blocking blue light is going to achieve a dominant position on the smart projection market.
About VANKYO
VANKYO has always been about innovation. As one of the most trustworthy projector brands, VANKYO is focused on delivering immersive, fantastic, and exciting visual feasts to people worldwide. While that innovation lies at the core of our business, it has transformed into our mission to empower people to explore and enjoy a better life. Today, we have built multiple online and offline channels and been trusted by millions of customers worldwide - but we're just getting started. As our product continues to evolve, we stay focused on delivering premium products and services to customers across the globe.
For more information, please visit ivankyo.com and Best Buy:
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SOURCE VANKYO Official
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https://www.kxii.com/prnewswire/2022/06/15/vankyo-debuts-worlds-smallest-full-hd-1080p-lcd-projector-2022-vankyo-leisure-470-pro/
| 2022-06-15T16:19:51Z
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How Biden, cops and advocates forged deal on police and race
By CHRIS MEGERIAN
Associated Press
WASHINGTON (AP) — Jim Pasco, the executive director for the Fraternal Order of Police, was watching football on a Sunday afternoon when he got a call from Susan Rice, the top domestic policy adviser at the White House.
Negotiations over an executive order to address racism and policing were in danger of breaking down after a draft was leaked that law enforcement groups believed was too harsh toward officers. Now Rice was looking to get things back on track.
“She said they wanted to start over,” Pasco said as he looked back on that day earlier this year. “And they wanted to deal with us in total confidence.”
He agreed. The result was the executive order that President Joe Biden signed last week during a ceremony that, improbably, brought together law enforcement leaders, civil rights activists and families of people who had been killed by police.
“This is a moment where we have come together for something that is not perfect, but it’s very good,” Rice said. “And it moves the needle substantially.”
No one who believes that American policing needs to be overhauled — including the president himself — thinks the final order goes far enough. It does not directly affect local departments, which have the most interactions with citizens, nor does it necessarily represent permanent change. The next administration could swiftly undo it.
However, many civil rights advocates consider it an important step forward, and maybe even a building block toward more expansive legislation that has so far been elusive.
“We have to keep the dialogue going,” said Marc Morial, president of the National Urban League. “And I think this helps create the sense that we can talk, and if we do talk, we’ll find some common ground.”
A NEW STRATEGY
Biden’s original hope was for Congress to pass bipartisan legislation named for George Floyd, the Black man who was murdered by Minneapolis police during an arrest in 2020.
However, the first anniversary of Floyd’s death passed last year without a deal, and negotiations eventually broke down. White House officials began focusing on a potential executive order.
Previous presidents, too, have attempted to make improvements to America’s law enforcement system, but Biden faced particular pressure to find the right balance.
During his campaign, Biden met with Floyd’s family and pledged to make racial justice a core part of his administration.
He also had longstanding relationships with police and their unions. And he didn’t want to be at odds with law enforcement when crime was a growing concern for the country, not to mention an issue ahead of this year’s midterm elections.
After preliminary meetings, a draft of the order took shape, and it was circulated among various federal agencies. Then a leaked copy was posted online by the Federalist, a conservative website, in January.
“Everyone went ballistic,” Pasco said. Not only did law enforcement groups dislike various parts of the draft, they felt like the administration hadn’t adequately listened to their perspective.
Rice worked the phones to calm nerves, opening a new chapter in the negotiations.
In addition to Rice’s team, Justice Department officials and the White House counsel’s office under Dana Remus worked through the details. Rep. Karen Bass, D-Calif., Sen. Cory Booker, D-N.J., and Sen. Dick Durbin, D-Ill., were involved as well.
Senior administration officials described a sort of shuttle diplomacy, and they met separately with civil rights advocates and law enforcement groups while trying to keep everyone on the same page. Long days were fueled by Hershey’s Kisses, M&Ms and whatever else that could be scrounged from White House desks.
Chuck Wexler, executive director of the Police Executive Research Forum, an independent policy organization, said that in Washington, “people give you lip service.” But in this case, “we had hours of discussions, very substantive discussions, about some of the issues in there.”
REACHING A DEAL
One sensitive part of the leaked draft didn’t change. The final version still says the country should “acknowledge the legacy of systemic racism in our criminal justice system and work together to eliminate the racial disparities that endure to this day.”
Ebonie Riley, a senior vice president at the National Action Network, a civil rights organization led by Rev. Al Sharpton, said it was important to leave that in.
“If we continue to hide in the shadows conversations that we need to have out loud, that becomes part of the problem,” she said.
To balance the tone, more language was added about “rising rates of violent crime” and how “reinforcing the partnership between law enforcement and communities is imperative for combating crime and achieving lasting public safety.”
A phrase about how deadly force should only be used as “a last resort when there is no reasonable alternative” was cut. However, the executive order requires federal law enforcement officers to prioritize de-escalation and then intervention if they see another officer using excessive force.
A significant portion of the order is dedicated to collecting information, such as creating a database to track misconduct by federal officers and expanding tools for analyzing the use of force.
“When we talk about what a fair criminal justice system looks like, a big part of that is understanding what the data is,” said Danielle Conley, the White House deputy counsel.
As an executive order, the new policies are limited to federal agencies. But administration officials plan to attach strings to federal funding to persuade local police departments to adopt similar rules.
“Simply having these words on paper is not going to save lives,” said Udi Ofer, deputy national political director at the American Civil Liberties Union.
On May 15, Biden attended an annual memorial for officers killed in the line of duty. After Biden posed for photos with people at the memorial, Pasco stuck around for a private conversation.
There wasn’t much time left until the second anniversary of Floyd’s death, May 25, and no one at the White House wanted the day to pass without an agreement.
“We gave everything we had to give,” Pasco recalled telling Biden. “And your staff made a lot of concessions, too. So as long as it remains the way it is, we’re good with it.”
Pasco said Biden responded, “I’m going to take a look at it, and if I see any problems, I’ll let you know about it.”
But there weren’t any, and the deal was done.
THE CEREMONY
Officials began inviting key players to the signing ceremony just a few days before, and some were only notified the previous day. A process that had nearly been unraveled by a leak reached the finish line without disruption.
In addition to Floyd’s family, the audience included relatives of other Black people — Michael Brown, Elijah McClain, Amir Locke, Atatiana Jefferson and Breonna Taylor — who had been killed by law enforcement over the years.
Not everyone was mollified. The Movement for Black Lives issued a statement calling Biden’s executive order “a poor excuse for the transformation of public safety that he promised.” But Derrick Johnson, president of the NAACP, argued that the order represented progress.
“If we refuse to sit at the table, or allow for the political climate to overshadow public policy opportunities, we all suffer as a result,” he said.
In his speech, Biden said Congress still needed to pass legislation, but he described the executive order as “the most significant police reform in decades.”
“Let me say there are those who seek to drive a wedge between law enforcement and the people they serve, those who peddle the fiction that public trust and public safety are in opposition to one another,” Biden said.
He added, “We know that’s not true.”
When Biden finished, Floyd’s 8-year-old daughter, Gianna, approached. “You’re getting so big,” Biden told her.
She sat down at the desk where the president had signed the order. Vice President Kamala Harris handed her the pen that Biden had used.
“You know what she told me when I saw her when she was a little girl two years ago?” Biden said. “Seriously, she pulled me aside and she said, ‘My daddy is going to change the world.’”
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https://localnews8.com/news/ap-national/2022/05/29/how-biden-cops-and-advocates-forged-deal-on-police-and-race/
| 2022-05-30T05:28:39Z
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New press secretary hails barrier breakers who paved way
WASHINGTON (AP) — Karine Jean-Pierre held her first briefing as the new White House press secretary on Monday, crediting “barrier-breaking people” who came before her for making it possible for a Black, gay, immigrant woman like herself to rise to one of the most high-profile jobs in American government.
“I stand on their shoulders. If it were not for generations of barrier-breaking people before me, I would not be here,” Jean-Pierre said. “But I benefit from their sacrifices. I have learned from their excellence and I am forever grateful to them.”
President Joe Biden entrusted Jean-Pierre, 47, and the daughter of Haitian immigrants, with the responsibility of being his chief spokesperson earlier this month. Jen Psaki, who had held the job since the start of the administration, stepped down last Friday.
Jean-Pierre is the first Black woman and openly LGBTQ person to serve as White House press secretary. She had been the principal deputy press secretary and led the briefing on several occasions. She also held regular off-camera “gaggles” with the much smaller group of reporters who travel aboard Air Force One with the president.
Jean-Pierre takes over as the White House faces an uphill battle to help Democrats hold onto the House and Senate in November’s midterm elections, and as the administration struggles to address the public’s concerns about rising consumer prices and the state of the economy.
She also steps up as Biden faces a daunting array of foreign policy challenges, including Russia’s war against Ukraine and North Korea’s escalating nuclear testing program. Biden is set to visit South Korea and Japan later this week, followed by stops in Europe in June.
Jean-Pierre opened Monday’s briefing by sharing brief biographies of the 10 Black people who were killed Saturday during a racially motivated shooting at a Buffalo, New York, supermarket. She will accompany Biden when he visits the city on Tuesday.
“Representation does matter,” Jean-Pierre said as she credited Biden with building a diverse administration, starting with Kamala Harris as the first woman and person of Black and Indian descent to be elected vice president.
She sought to shift attention away from herself, saying the White House and the press briefing room belong to the American people and she works “for them.”
“It’s not about me. It’s about them,” she said, before pledging to continue to work to make sure the White House press team she now leads meets Biden’s expectations of providing the public with “truth, honesty and transparency.”
Jean-Pierre also spoke Monday of her “tremendous respect” for the work of the journalists seated in the briefing room and waiting to pepper her with questions.
“The press plays a vital role in our democracy and we need a strong and independent press now more than ever,” she said. “We might not see eye to eye here in this room all the time, which is OK. That give and take is so incredibly healthy and it’s a part of our democracy and I look forward to engaging with all of you on that.”
Psaki weighed in from the sidelines.
“Proud to know you @PressSec,” using Jean-Pierre’s new Twitter handle. “Representation matters. Great job on day one. Rooting for you from home.”
Jean-Pierre worked on Biden’s presidential campaign before following him to the White House. Before the campaign, she was the chief public affairs officer of the progressive group MoveOn and a political analyst for NBC and MSNBC. She also worked on political affairs in President Barack Obama’s White House and on his reelection campaign, as well as numerous other Democratic political campaigns.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/05/16/new-press-secretary-hails-barrier-breakers-who-paved-way/
| 2022-05-16T23:48:49Z
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AeroGuard is helping to tackle pilot shortage by expanding access to careers in aviation through merit-based financing
PHOENIX, June 9, 2022 /PRNewswire/ -- AeroGuard Flight Training Center, a flight school on a mission to expand access to careers in commercial aviation space with four campus hubs across the United States, today announced a tuition partnership that is helping close the aviation skills gap by making flight training more affordable and accessible for aspiring pilots. In collaboration with Meritize, a pioneer in financing solutions for skills-based education and training, pilots-in-training can qualify for merit-based financing, which can in many cases reward individual borrowers for their past academic and military experiences.
"As many as half of learners who want to become pilots aren't able to access these careers–solely because of the cost. If you have the skills, passion, and drive, you should have the opportunity to be a pilot," said Joel Davidson, CEO of AeroGuard. "This innovative financing option helps make pilot training more affordable and put aviation careers within reach for more candidates from a variety of personal and professional backgrounds."
The commercial aviation industry is facing a growing pilot shortage. More than 7,200 of the 15,000 American commercial airline pilots are set to turn 65 over the next decade. As airline demand rebounds from the record lows of the pandemic, transportation industry analysts forecast a global shortfall of at least 34,000 commercial pilots by 2025. Meanwhile, demand for commercial airline pilots is expected to increase 13 percent from 2020 to 2030, much faster than the average growth rate for all occupations. The median annual wage for airline pilots, copilots, and flight engineers was $202,180 in May 2021.
AeroGuard helps to ensure job placement through strategic partnerships with regional airline SkyWest and its network of major airline agreements, which provide a clear path from flight training to careers at four top commercial airlines. After completing required flight training hours, AeroGuard students are guaranteed a First Officer Final Interview with SkyWest, where they receive tuition reimbursement of up to $17,500 for their training after completing SkyWest's Initial Operating Experience. Through SkyWest's Guaranteed Pilot Interview program, students then receive interviews with SkyWest commercial airline partners, including Alaska, Delta, Southwest and United Airlines.
In addition to merit-based financing, AeroGuard's lower tuition and shorter timeframe for completing required flight hours helps students more easily access training for careers in commercial aviation. Other aviation training programs can range anywhere from $60,000 to $125,000 or more and take 2-4 years to complete, making these in-demand careers inaccessible to career changers and individuals from under-resourced backgrounds. AeroGuard students typically finance their tuition through loans, although other options can exist including scholarship options, G.I. Bill benefits, or federal education and training funds through select degree programs.
The financing option offered on the Meritize platform aims to create a more inclusive and affordable pathway to careers in the commercial aviation industry. Unlike traditional lenders that rely solely on FICO scores and other financial records to determine whether to lend to an individual, Meritize considers the full breadth and depth of an individual's academic or military achievements to enhance credit evaluation and potentially improve loan options. Because many of AeroGuard's trainees are veterans, and Meritize specifically takes into account military experiences in its funding decisions, merit-based financing can provide a significant source of financial and credit assistance for veterans transitioning into civilian careers.
"To unlock pathways to in-demand careers like aviation, we need to fix the broken economics of paying for education and training in this country," said Chris Keaveney, CEO of Meritize. "By breaking down barriers to financial access and inclusion needed to train for roles in aviation, employers and training providers can open up opportunities for career advancement and long-term social and economic mobility–and address the ongoing pilot shortage."
AeroGuard, a four-time recipient of the FAA Diamond Award of Excellence, is headquartered in Phoenix, Arizona, with campus locations in Chandler, Ariz., Austin, Tex., and Ft. Myers, Fla. To find out more information about AeroGuard's available programs, visit FlyAeroGuard.com.
About AeroGuard Flight Training Center: AeroGuard Flight Training Center is one of the country's most successful flight schools, offering accelerated commercial pilot training to candidates from all over the world. With a commitment to safety and student success, AeroGuard has a proven track record of training airline-ready pilots, with over 1 million flight hours of training experience and graduating over 7,000 cadets. To learn more, visit FlyAeroGuard.com.
About Meritize: Meritize is a leading provider of funding solutions for skills-based education and workforce development. The company's proprietary merit-based lending program goes beyond traditional underwriting and uses an individual's academic or military achievements to enhance credit evaluation and expand funding opportunities, resulting in increased access to educational funding and improved outcomes. Frisco, Texas-based Meritize is privately held. For more information visit www.meritize.com.
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SOURCE Meritize
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https://www.mysuncoast.com/prnewswire/2022/06/09/national-flight-school-offers-financing-solution-help-aspiring-pilots-access-careers-commercial-aviation/
| 2022-06-09T14:17:45Z
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MIDLAND, Mich., April 21, 2022 /PRNewswire/ --
- GAAP earnings per share (EPS) was $2.11; Operating EPS¹ was $2.34, compared to $1.36 in the year-ago period. Operating EPS excludes certain items in the quarter, totaling $0.23 per share, primarily due to asset-related charges.
- Net sales were $15.3 billion, up 28% versus the year-ago period, reflecting gains in all operating segments, businesses and regions. Sequentially, net sales were up 6%, driven by gains in Performance Materials & Coatings and Packaging & Specialty Plastics.
- Local price increased 28% versus the year-ago period, with gains in all operating segments, businesses and regions. Sequentially, local price increased 2%, primarily driven by silicones and polyurethanes.
- Volume increased 3% versus the year-ago period, with gains in all operating segments and in the U.S. & Canada and Latin America. Sequentially, volume was also up 5%, reflecting strong demand for silicones and polyethylene applications.
- Equity earnings were $174 million, down $50 million from the year-ago period, primarily driven by impacts from planned maintenance activity at Sadara. Equity earnings were down $50 million from the prior quarter driven by lower polyethylene and MEG margins in Asia Pacific.
- GAAP Net Income was $1.6 billion. Operating EBIT1 was $2.4 billion, up $865 million from the year-ago period with gains in all operating segments. Sequentially, operating EBIT increased 7%, led by improvements in Performance Materials & Coatings and Industrial Intermediates & Infrastructure as higher prices and lower planned maintenance activity more than offset higher raw material and energy costs.
- Cash provided by operating activities – continuing operations was $1.6 billion, up $1.8 billion2 year-over-year due to increased earnings and an elective pension contribution in the year-ago period. Sequentially, cash provided by operating activities decreased $945 million as higher dividends from joint ventures were more than offset by working capital on increased sales and raw material costs. Free cash flow1 was $1.3 billion.
- Returns to shareholders totaled $1.1 billion in the quarter, comprised of $513 million in dividends and $600 million in share repurchases.
SUMMARY FINANCIAL RESULTS
Jim Fitterling, chairman and chief executive officer, commented on the quarter:
"Entering our company's 125th year, Team Dow delivered top- and bottom-line growth sequentially and year-over-year in the first quarter, demonstrating the advantage of our differentiated portfolio, feedstock flexibility and continued focus on disciplined execution. Despite higher energy costs, we captured healthy end-market demand and achieved solid volume growth, price gains and margin expansion.
"In addition, today we published our annual benchmarking that demonstrates Dow delivered on our financial targets with top-quartile EBITDA margins, return on capital, free cash flow yield, shareholder remuneration, and debt reduction. We also recently announced a new $3 billion share repurchase program – a direct result of our performance as well as our balanced and disciplined capital allocation approach."
SEGMENT HIGHLIGHTS
Packaging & Specialty Plastics
Packaging & Specialty Plastics segment net sales in the quarter were $7.6 billion, up 25% versus the year-ago period. Local price increased 24% year-over-year with gains in both businesses and all regions. Continued strong end-market demand drove a 4% year-over-year volume increase, with gains in energy sales, olefins, and polyethylene, primarily in the U.S. & Canada. Currency decreased net sales by 3%. On a sequential basis, the segment delivered a 6% net sales increase, driven by robust demand in both businesses, including polyethylene demand, across industrial and consumer packaging applications.
Equity earnings were $110 million, up $4 million compared to the year-ago period. For the principal joint ventures, gains from increased elastomer margins at the Thai joint ventures were offset by lower integrated polyethylene margins at Sadara and the Kuwait joint ventures. On a sequential basis, equity earnings decreased by $20 million due to higher raw material costs impacting polyethylene margins at the principal joint ventures.
Operating EBIT was $1.2 billion, up $6 million versus the year-ago period, with Op. EBIT margins down 400 basis points year-over-year, as price increases in the U.S. & Canada and Latin America were partly offset by rising raw materials and energy costs in all regions. Sequentially, Op. EBIT was down $208 million and Op. EBIT margins declined by 390 basis points, primarily due to higher raw material and energy costs in Europe.
Packaging and Specialty Plastics business delivered higher net sales versus the year-ago period, led by local price gains in all regions as well as in industrial & consumer packaging and flexible food & beverage packaging applications. Volumes declined slightly year-over-year, as growth in the U.S. & Canada was more than offset by declines in Asia Pacific. Sequentially, the business increased revenue on volume gains in all regions. Price increases in functional polymers were more than offset by price declines in polyethylene.
Hydrocarbons & Energy business delivered a net sales increase compared to the year-ago period, driven primarily by higher local prices in olefins and aromatics. Sequentially, sales increased due to higher olefin volume and price, primarily in Europe, the Middle East, Africa and India.
Industrial Intermediates & Infrastructure
Industrial Intermediates & Infrastructure segment net sales in the quarter were $4.5 billion, up 25% versus the year-ago period. Local price improved 29% year-over-year with gains in both businesses and in all regions. Currency decreased sales by 5%. Volume was up 1% year-over-year as improved supply availability from the impacts of Winter Storm Uri in the prior year were offset by planned maintenance activity at Sadara. On a sequential basis, net sales were down 1%, as local price gains in both businesses were offset by the lower supply availability from Sadara.
Equity earnings were $62 million, down $53 million compared to the year-ago period due to lower supply availability from planned maintenance activity at Sadara. On a sequential basis, equity earnings decreased by $28 million due to lower MEG margins.
Operating EBIT was $661 million, an increase of $335 million compared to the year-ago period, primarily due to strong pricing momentum in both businesses, driving Op. EBIT margins up 560 basis points year-over-year. Sequentially, Op. EBIT was up $66 million, and Op. EBIT margins improved by 150 basis points, as strong prices and lower planned maintenance activity offset pressure from higher raw material and energy costs.
Polyurethanes & Construction Chemicals business delivered higher net sales compared to the year-ago period, driven by local price gains in all regions and across all key value chains. Volume declined year-over-year, primarily due to the lower supply availability from Sadara. Sequentially, net sales declined as local price gains and strong demand for construction and industrial applications were more than offset by the lower supply availability from Sadara due to planned maintenance activity.
Industrial Solutions business delivered increased net sales year-over-year, with local price gains in all regions. Volume also increased globally, driven by strong demand in industrial, agriculture and coatings markets, as well as improved supply availability from the impacts of Winter Storm Uri in the year-ago period. Sequential net sales were flat as local price gains and demand growth in the pharmaceutical, mobility and home and industrial cleaning end-markets were offset by the lower supply availability from Sadara.
Performance Materials & Coatings
Performance Materials & Coatings segment net sales in the quarter were $3 billion, up 44% versus the year-ago period. Local price increased 39% year-over-year, with gains in both businesses and in all regions. Volume increased 8% year-over-year on stronger demand for silicones and coatings applications combined with improved supply availability from the impact of Winter Storm Uri in the year-ago period. Currency decreased net sales by 3%. On a sequential basis, net sales were up 19% with local price gains in both businesses. Volume increased sequentially due to strong consumer demand and increased supply availability of siloxanes upon the completion of planned maintenance activity in the prior quarter.
Operating EBIT was $595 million, compared to $62 million in the year-ago period, as Op. EBIT margins increased 1,660 basis points due to strong price gains and robust demand for both silicones and coatings offerings. Sequentially, Op. EBIT improved $300 million and Op. EBIT margins improved 800 basis points due to local price gains and lower impact from planned maintenance activity.
Consumer Solutions business delivered higher net sales year-over year, with local price gains in all regions and applications. Volume also improved across all regions, driven by improved siloxane supply and strong demand for personal care applications. Sequentially, net sales were up with increases in local price and volume. Improved supply availability of siloxanes versus the prior quarter enabled the business to capture stronger demand across all major end-markets.
Coatings & Performance Monomers business delivered increased net sales compared to the year-ago period, with local price gains in all regions. Volume increased year-over-year on improved supply availability of monomers from the impact of Winter Storm Uri in the year-ago period. Sequentially, the business delivered flat sales as local price gains for architectural coatings were offset by lower monomers volumes due to maintenance activity.
"Looking ahead, we see strong demand across our end-markets," said Fitterling. "While the geopolitical environment remains dynamic, our global scale, cost-advantaged positions, and industry-leading feedstock and derivative flexibility continue to enable resilient financial and operating performance. At the same time, we are advancing our strategy to decarbonize and grow underlying earnings by more than $3 billion in the transition to a more sustainable world. Dow is well-positioned to achieve mid-cycle earnings above pre-pandemic levels as we capture increasing demand for low-carbon, sustainable and circular innovations."
Dow will host a live webcast of its first quarter earnings conference call with investors to discuss its results, business outlook and other matters today at 8:00 a.m. ET. The webcast and slide presentation that accompany the conference call will be posted on the events and presentations page of investors.dow.com.
Dow (NYSE: DOW) combines global breadth; asset integration and scale; focused innovation and materials science expertise; leading business positions; and environmental, social and governance (ESG) leadership to achieve profitable growth and deliver a sustainable future. The Company's ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company in the world. Dow's portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated, science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure, mobility and consumer applications. Dow operates 104 manufacturing sites in 31 countries and employs approximately 35,700 people. Dow delivered sales of approximately $55 billion in 2021. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visit www.dow.com or follow @DowNewsroom on Twitter.
Certain statements in this report are "forward-looking statements" within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements often address expected future business and financial performance, financial condition, and other matters, and often contain words or phrases such as "anticipate," "believe," "estimate," "expect," "intend," "may," "opportunity," "outlook," "plan," "project," "seek," "should," "strategy," "target," "will," "will be," "will continue," "will likely result," "would" and similar expressions, and variations or negatives of these words or phrases.
Forward-looking statements are based on current assumptions and expectations of future events that are subject to risks, uncertainties and other factors that are beyond Dow's control, which may cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements and speak only as of the date the statements were made. These factors include, but are not limited to: sales of Dow's products; Dow's expenses, future revenues and profitability; the continuing global and regional economic impacts of the coronavirus disease 2019 ("COVID-19") pandemic and other public health-related risks and events on Dow's business; any sanctions, export restrictions, supply chain disruptions or increased economic uncertainty related to the ongoing conflict between Russia and Ukraine; capital requirements and need for and availability of financing; unexpected barriers in the development of technology, including with respect to Dow's contemplated capital and operating projects; Dow's ability to realize its commitment to carbon neutrality on the contemplated timeframe; size of the markets for Dow's products and services and ability to compete in such markets; failure to develop and market new products and optimally manage product life cycles; the rate and degree of market acceptance of Dow's products; significant litigation and environmental matters and related contingencies and unexpected expenses; the success of competing technologies that are or may become available; the ability to protect Dow's intellectual property in the United States and abroad; developments related to contemplated restructuring activities and proposed divestitures or acquisitions such as workforce reduction, manufacturing facility and/or asset closure and related exit and disposal activities, and the benefits and costs associated with each of the foregoing; fluctuations in energy and raw material prices; management of process safety and product stewardship; changes in relationships with Dow's significant customers and suppliers; changes in consumer preferences and demand; changes in laws and regulations, political conditions or industry development; global economic and capital markets conditions, such as inflation, market uncertainty, interest and currency exchange rates, and equity and commodity prices; business or supply disruptions; security threats, such as acts of sabotage, terrorism or war including the ongoing conflict between Russia and Ukraine; weather events and natural disasters; disruptions in Dow's information technology networks and systems; and risks related to Dow's separation from DowDuPont Inc. such as Dow's obligation to indemnify DuPont de Nemours, Inc. and/or Corteva, Inc. for certain liabilities.
Where, in any forward-looking statement, an expectation or belief as to future results or events is expressed, such expectation or belief is based on the current plans and expectations of management and expressed in good faith and believed to have a reasonable basis, but there can be no assurance that the expectation or belief will result or be achieved or accomplished. A detailed discussion of principal risks and uncertainties which may cause actual results and events to differ materially from such forward-looking statements is included in the section titled "Risk Factors" contained in the Company's Annual Report on Form 10-K for the year ended December 31, 2021. These are not the only risks and uncertainties that Dow faces. There may be other risks and uncertainties that Dow is unable to identify at this time or that Dow does not currently expect to have a material impact on its business. If any of those risks or uncertainties develops into an actual event, it could have a material adverse effect on Dow's business. Dow and TDCC assume no obligation to update or revise publicly any forward-looking statements whether because of new information, future events, or otherwise, except as required by securities and other applicable laws.
®TM Trademark of The Dow Chemical Company ("Dow") or an affiliated company of Dow
This earnings release includes information that does not conform to U.S. GAAP and are considered non-GAAP measures. Management uses these measures internally for planning, forecasting and evaluating the performance of the Company's segments, including allocating resources. Dow's management believes that these non-GAAP measures best reflect the ongoing performance of the Company during the periods presented and provide more relevant and meaningful information to investors as they provide insight with respect to ongoing operating results of the Company and a more useful comparison of year-over-year results. These non-GAAP measures supplement the Company's U.S. GAAP disclosures and should not be viewed as alternatives to U.S. GAAP measures of performance. Furthermore, such non-GAAP measures may not be consistent with similar measures provided or used by other companies. Non-GAAP measures included in this release are defined below. Reconciliations for these non-GAAP measures to U.S. GAAP are provided in the Selected Financial Information and Non-GAAP Measures section starting on page 11. Dow does not provide forward-looking U.S. GAAP financial measures or a reconciliation of forward-looking non-GAAP financial measures to the most comparable U.S. GAAP financial measures on a forward-looking basis because the Company is unable to predict with reasonable certainty the ultimate outcome of pending litigation, unusual gains and losses, foreign currency exchange gains or losses and potential future asset impairments, as well as discrete taxable events, without unreasonable effort. These items are uncertain, depend on various factors, and could have a material impact on U.S. GAAP results for the guidance period.
Operating earnings per share is defined as "Earnings per common share - diluted" excluding the after-tax impact of significant items.
Operating EBIT is defined as earnings (i.e., "Income before income taxes") before interest, excluding the impact of significant items.
Operating EBIT margin is defined as Operating EBIT as a percentage of net sales.
Operating EBITDA is defined as earnings (i.e., "Income before income taxes") before interest, depreciation and amortization, excluding the impact of significant items.
Free cash flow is defined as "Cash provided by (used for) operating activities - continuing operations," less capital expenditures. Under this definition, free cash flow represents the cash generated by the Company from operations after investing in its asset base. Free cash flow, combined with cash balances and other sources of liquidity, represent the cash available to fund obligations and provide returns to shareholders. Free cash flow is an integral financial measure used in the Company's financial planning process.
Cash flow conversion is defined as "Cash provided by operating activities - continuing operations," divided by Operating EBITDA. Management believes cash flow conversion is an important financial metric as it helps the Company determine how efficiently it is converting its earnings into cash flow.
Operating return on capital (ROC) is defined as net operating profit after tax, excluding the impact of significant items, divided by total average capital, also referred to as ROIC.
Twitter: https://twitter.com/DowNewsroom
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SOURCE The Dow Chemical Company
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https://www.wibw.com/prnewswire/2022/04/21/dow-reports-first-quarter-2022-results/
| 2022-04-21T11:10:51Z
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NAIROBI, Kenya (AP) — Two airstrikes hit the capital of Ethiopia’s Tigray region Wednesday morning, killing 10 people, many of them first responders, the director of the city’s flagship Ayder Referral Hospital said, as Ethiopia’s government gave no sign of taking up the Tigray forces’ offer to stop fighting and pursue talks.
The target in Mekele “was a residential neighborhood,” Kibrom Gebreselassie told The Associated Press. “Three of the victims need urgent major surgery, in the face of (a) shortage of medicines.”
The first airstrike wounded two people but the second was deadly, with rescuers among those killed, Kibrom said.
The death toll could climb as more patients reach the hospital, another doctor said, speaking on condition of anonymity because they were not authorized to speak publicly.
In a weekend statement to mark Ethiopia’s new year, the Tigray leadership said they were ready to participate in an “immediate” cessation of hostilities with Ethiopian forces leading to a comprehensive cease-fire, and even welcomed mediation led by the African Union, a significant shift.
But Ethiopia’s federal government is yet to publicly respond amid reports of more talks between the two sides in Djibouti. With independent media, human rights groups and monitors barred from Tigray, and with most basic services like internet severed, it is challenging to assess the situation on the ground.
Several airstrikes have hit Mekele since fighting resumed between Tigray forces and Ethiopian ones in late August, shattering a period of relative calm since late March.
That calm had allowed more humanitarian aid to reach the long-blockaded Tigray region, but those deliveries have now been halted, according to the United Nations. Deliveries to conflict-affected parts of the neighboring Amhara region have also stopped.
Since the conflict broke out in November 2020, tens of thousands are believed to have been killed and millions displaced in the Tigray, Amhara and Afar regions.
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This version has been corrected to say everyone was killed in the second airstrike.
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https://cw33.com/news/international/ap-international/ap-airstrikes-kill-10-in-ethiopias-tigray-capital/
| 2022-09-14T23:30:19Z
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CALGARY, AB, June 14, 2022 /PRNewswire/ - Neoflow is pleased to announce the promotion of Christopher Wallace to Chief Revenue Officer ("CRO"). As CRO, Christopher will spearhead Neoflow's growth as a leader in the digitalization of the Oil & Gas space.
Christopher joined the Neoflow team in July of 2021 as Director of Operations where he was responsible for building and developing Neoflow's industry engagement and go-to-market strategy. He is a key contributor in the development of the Neoflow Oil & Natural Gas blockchain traceability platform that will be utilized by the US Department of Homeland Security (DHS) & Customs & Border Protection Agency (CBP).
As CRO, Christopher will be responsible for the execution of Neoflow's strategic plan, while maintaining a strong connection to developing Neoflow's operations.
With over 17 years of experience in the energy industry the majority of Christopher's career was spent in commercial operations at Phillips 66 as a crude oil trader, as well as work in logistics, pipeline management & analytics. He has developed an extensive network of strategic partnerships with various Oil & Gas stakeholders such as producers, refineries, pipelines & terminals.
Christopher said: "Neoflow continues to expand our foundational technology to meet the needs of our customers. We have the opportunity to revolutionize the traceability of Oil & Gas molecules through the entire lifecycle, while also including their overall Environmental footprint. The next few years will be a time of exponential growth as we continue to scale and expand the platform."
Neoflow's CEO, Jim Oosterbaan, said: "The promotion is an acknowledgement of the success of the efforts of Chris to grow awareness within the industry of the Neoflow Platform. Neoflow uses distributed ledger technology and verifiable credentials that will modernize the trade of oil and natural gas between Canada and the U.S."
Neoflow is an energy traceability platform that tracks product lifecycle events, providing proof of origin, composition & environmental impact, while digitizing relevant value chain data. To learn more about Neoflow, our vision, growing team, and the road ahead, please follow us on LinkedIn, Twitter, and blog platform Medium. For further inquiries, please contact info@neoflow.energy
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SOURCE Neoflow
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https://www.kxii.com/prnewswire/2022/06/14/christopher-wallace-named-neoflows-chief-revenue-officer/
| 2022-06-14T14:19:47Z
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