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US developing satellite system to track hypersonic weapons
WASHINGTON (AP) — The U.S. will spend $1.3 billion to develop advanced satellites that will be able to better track hypersonic missile threats, the Pentagon said Monday, announcing two new contracts that will put the detection and tracking systems in orbit by 2025.
Derek Tournear, director of the Space Development Agency, said the contracts will provide 28 satellites, as the U.S. moves to greatly expand and enhance its ability to counter increasing threats from Russia and China.
Both countries have been making strides in their development of hypersonic missiles, which are more difficult to track and shoot down because they maneuver more in flight than conventional weapons that travel in predictable paths. Last year China tested what U.S. officials said was a hypersonic missile, and Russia has used the weapons in strikes during the war in Ukraine.
“Russia and China have been developing and testing hypersonic glide vehicles — these advanced missiles that are extremely maneuverable,” Tournear told Pentagon reporters Monday. “These satellites are specifically designed to go after that next generation version of threats out there so that we can detect and track these hypersonic maneuvering vehicles and predict their impact point.”
Additional funding for the program was provided by Congress specifically in response to concerns in the Indo-Pacific region, in response to China’s rapidly progressing military development.
Hypersonic weapons are defined as anything traveling beyond Mach 5, or five times faster than the speed of sound. That’s about 3,800 mph (6,100 kph). Intercontinental ballistic missiles far exceed that threshold but travel in a predictable path, making it possible to intercept them.
Historically, Tournear said, the U.S. has not flown satellites that were designed to detect and go after such maneuverable hypersonic weapons. Currently, he said, “we have limited capability to do that tracking aspect.” He added, however, that “clearly we don’t have zero capability to do tracking.”
The new satellites, he said, will enable the U.S. to detect the launch, follow the hypersonic missile as it changes course, calculate where it is heading and provide that data to forces who can launch interceptors.
The contracts were awarded to teams led by L3Harris Technologies, Inc. of Melbourne, Fla., and Northrop Grumman Strategic Space Systems of Redondo Beach, Calif. L3Harris will produce 14 satellites at a cost of about $700 million, and Northrop will produce 14 at a cost of about $617 million. The total cost of the program, including the launches and ground control and support, will be about $2.5 billion.
Tournear said the program represents a shift for the U.S. toward a larger, overlapping system of satellites. Rather than relying on larger, more expensive satellites that stay in orbit for 15 or more years, the U.S. will have a greater number of cheaper satellites that would be replaced about every five years.
One set, he said, would be at a lower orbit of about 1,000 kilometers, and a second set would be at a medium orbit of about 10,000-20,000 kilometers, providing a more resilient presence. He said the first 28 satellites would likely be followed by a second group of about 54.
Earlier this year, the United States, United Kingdom and Australia announced that they will work together to develop hypersonic missiles. The April announcement came amid growing concerns about China’s escalating military assertiveness in the Pacific. Last October, U.S. Army Gen. Mark Milley, chairman of the Joint Chiefs of Staff, confirmed that China had conducted a test of a hypersonic weapon, calling it a “very significant event” that was “very concerning.”
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/07/18/us-developing-satellite-system-track-hypersonic-weapons/
| 2022-07-18T20:41:23Z
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DALLAS, April 11, 2022 /PRNewswire/ -- Topgolf Entertainment Group, a modern day, technology-enabled golf entertainment company, is set to open a first-of-its-kind experience in El Segundo, Calif. on Friday, April 15. The location features traditional and non-traditional ways to play golf through the company's signature three-level venue experience as well as an adjacent 10-hole, lighted, par-3 golf course.
Located along the prominent Pacific Coast Highway, Topgolf's 76th outdoor global venue welcomes all communities in and around El Segundo and Los Angeles County to enjoy both Topgolf's signature, technology-driven multi-level entertainment experience and traditional golf via the refreshed Lakes at El Segundo golf course.
"This is a very exciting opening for Topgolf as the game of golf continues to grow and diversify both on and off the course. We are thrilled to be part of this movement and for the opportunity to become a part of the El Segundo community," said Topgolf Chief Executive Officer Artie Starrs. "From the variety of experiences to the next-level technology features, our El Segundo location will bring the power of play to so many as we continue to shape the future of golf."
The Topgolf venue in El Segundo is an open-air, three-level venue that features 102 outdoor hitting bays, a restaurant and sports bar offering chef-inspired menu items, top-shelf drinks, music and year-round programming for all ages. The venue is fully equipped with Topgolf's latest technology including a giant TV wall, brand-new ball dispenser units, large HD screens in the outfield, and the company's signature Toptracer technology. Toptracer is the most trusted ball-tracing technology in the golf industry, powering the experience at the venue and enabling players at Topgolf to enjoy favorite games including Angry Birds and Jewel Jam.
As part of the unmatched experience, Topgolf partnered with renowned golf course designer Mike Angus to refresh and reintroduce the beloved Lakes at El Segundo golf course to the community.
The course features a 10-hole, par-3 course where players can have laid back fun while playing a round of traditional golf. The course was uniquely designed to not only challenge the experienced golfer, but also create a fun experience for the novice golfer. Each hole is unique as players discover quirky names and hidden gems throughout the course. Similar to what players can experience in venue or see on TV during professional golf majors, the 10th hole of the course is equipped with Topgolf's Toptracer technology that allows players to trace their shots like the pros. After assuming operations of The Lakes at El Segundo, Topgolf renovated the golf course complete with new turf and grass, refurbished lakes, night-lighting, a built-in music system, and a brand-new Golf Shop offering food, beverages and golf equipment.
Beyond playing at the venue and golf course, Topgolf El Segundo and The Lakes at El Segundo will collectively employ approximately 500 Associates, further strengthening the Greater Los Angeles area's economy. Those interested in joining the team at Topgolf can visit Topgolf's career website.
As part of Topgolf's ongoing commitment to bring the power of play to the community, Topgolf hosted a unique ceremonial eightsome charity swing event that benefited the local Los Angeles Make-A-Wish® Chapter. Composed of local celebrities, well-known golfers, and public officials, Topgolf donated $20,000 to grant a child's wish in the greater Los Angeles area.
This latest Topgolf in El Segundo marks the fourth venue to serve the state of California alongside venues in Ontario, San Jose and Roseville (Sacramento).
For more information, including hours of operation and pricing, visit the Topgolf El Segundo and The Lakes at El Segundo golf course pages.
About Topgolf Entertainment Group
Topgolf Entertainment Group is a technology-enabled global sports and entertainment company committed to bringing players joy through more ways to play the game of golf. What started as a simple idea to enhance the game of golf has grown into a movement where people from all walks of life can play at the intersection of technology and sports entertainment. Topgolf Entertainment Group's platforms include Topgolf venues, Topgolf Media and Gaming, and Toptracer technology. Follow @topgolf on Instagram, Facebook, Twitter and LinkedIn, or visit the Topgolf Press page for the latest news.
About Topgolf Venues
Topgolf venues bring people together to play in a dynamic, technology-driven golf entertainment experience.. With an energetic atmosphere, Topgolf venues feature high-tech gaming, outdoor hitting bays, chef-driven menus, hand-crafted cocktails, music, corporate and social event spaces, and more. Topgolf entertains more than 30 million guests annually at nearly 80 locations across the globe. To learn more or plan your visit, visit topgolf.com.
Topgolf Media Contact:
Kara Barry
Head of Communications
Email: press@topgolf.com
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SOURCE Topgolf Entertainment Group
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https://www.kxii.com/prnewswire/2022/04/11/topgolf-opens-first-of-its-kind-experience-el-segundo-with-venue-newly-renovated-lakes-el-segundo-golf-course/
| 2022-04-11T23:54:08Z
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7-year-old accused of bringing two guns, ammo to school, deputies say
COCHISE COUNTY, Ariz. (3TV/CBS 5/Gray News) – A 7-year-old boy in Arizona is accused of bringing two guns and ammunition to school Monday, according to the Cochise County Sheriff’s Office.
Deputies were called to the elementary school after someone reported a second-grade student had a weapon in his backpack.
The sheriff’s office said deputies found a gun and ammo inside the student’s bag. Ultimately, a second gun was discovered as well.
Authorities called his parents and ultimately referred him to juvenile court.
The 7-year-old will face one count of misconduct with a weapon and one count of a minor in possession of a firearm.
The sheriff’s office did not say how the boy got the guns.
Copyright 2022 KTVK/KPHO via Gray Media Group, Inc. All rights reserved.
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https://www.wibw.com/2022/08/31/7-year-old-accused-bringing-two-guns-ammo-school-deputies-say/
| 2022-08-31T18:43:19Z
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DETROIT and EAST LANSING, Mich., Aug. 5, 2022 /PRNewswire/ -- NFTs for charity are the gift that keeps on giving thanks to the digital and authenticated features of NFTs, and the first case study in the country is NFTuck™, the NFT (non-fungible token) series from Michigan State Football Head Coach Mel Tucker. Coach Tuck teamed up with the Boys & Girls Club of Southeastern Michigan and the more than 21,000 youth and families they serve to create a first-of-its-kind, fan-experience NFT for a cause. All proceeds plus royalties on resales of the NFTs go to the Boys & Girls Clubs in Detroit.
"NFTs are the future of giving for coaches, athletes, and celebrities because of their ability to reach fans anywhere in the world, but also because of the resale royalties that create a revenue stream for charities into the future," said Shawn Wilson, President and CEO of the Boys & Girls Clubs of Southeastern Michigan. "Coach Tucker is modeling the power of combining tech entrepreneurship with social impact, and we are immensely grateful that he brought his past experiences with Boys & Girls Clubs to our community and is doing it in a way that helps us meet our mission of ensuring youth are career, start up and homeowner ready!"
The NFTuck assets feature exclusive experiences, digital images and animations, and limited-edition coins. (www.SpartyNFT.com) The NFTuck series included three different NFTs for Spartan fans to choose from: the Bowl Championship Ring NFT, Tuck Shoe NFT, and Tuck Coin NFT. Each of the NFTs will be available in limited quantities on the NFT exchange Rarible, perfect for the MSU fan looking for an exclusive collectible or gift. www.Rarible.com/NFTuck
"NFTs are the wave of the future for my student athletes and for brand marketing overall, but they're also the perfect vehicle for building a giving legacy," said Coach Mel Tucker, who joined the Spartans as Head Coach in 2020. "I could auction off a signed piece of memorabilia for charity one time, but with this NFT, it's not only authenticated and attached to VIP access and experiences, but every time the NFT sells, the Boys & Girls Club gets another gift from the resale royalties. That's powerful and shows the way for how I want my student athletes to live life as leaders and achievers, but also with a spirt for community."
In addition to the Bowl Championship Ring NFT, the Tuck Shoe NFT, and Limited Edition and one-of-one Tuck Coin NFT, NFTuck collectors will get exclusive perks such as access to Coach Tucker (@Coach_mtucker) in-season via private video/chat channels exclusive only to NFT holders and on-field access to practice during the 2022 season.
NFTuck is a first-in-the-nation NFT drop for a coach and team and MSU is working to build an in-house NFT Program for Spartan football that will be a student-athlete-first platform and unique among all NFT and NIL programs in Division 1 athletics, including the ability for student-athletes to do charitable tie-ins and giving.
NFTs are digital contracts that use blockchains – the same technology behind digital currencies – to prove ownership of a particular digital asset, like an image or a GIF. That means collectors of the NFTucks will be the only owners of these digital keepsakes and can show them off or trade them on all major NFT exchanges.
About Boys & Girls Club of Southeastern Michigan
Founded in 1926, Boys & Girls Clubs of Southeastern Michigan (BGCSM) serves 21,000 youth, families, and entrepreneurs annually in neighborhoods throughout Southeastern Michigan. BGCSM has reimagined the future of after-school programming by focusing on the root cause of issues facing our community, which is poverty. BGCSM's mission is to ensure youth leave our Clubs career, start up and homeowner ready.
Contact:
Cara Lutz
clutz@lambert.com
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SOURCE NFTuck™
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https://www.wibw.com/prnewswire/2022/08/05/boys-amp-girls-club-teams-with-michigan-states-coach-mel-tucker-first-ever-nft-series-all-proceeds-plus-resale-royalties-go-kids-charity/
| 2022-08-05T19:47:07Z
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Plans to grow Pacific Northwest campus by 54MW to meet increasing demand with one of the industry's largest scale footprints at the heart of Flexential's fastest growing U.S. market
CHARLOTTE, N.C., Sept. 7, 2022 /PRNewswire/ -- Flexential, a leading provider of data center colocation, cloud and connectivity, today announced the company's latest data center development at its campus in Hillsboro, OR, located outside of Portland. The project is adjacent to Flexential's Hillsboro 3 facility and will deliver an additional 54MW of capacity at full build out to meet and exceed increasing customer demand on the FlexAnywhere™ platform.
The new development will also provide ecosystem partners with room for future growth in the Pacific Northwest, delivering access to multiple subsea cables in Flexential's highly-connected NAP of the Northwest. Following the expansion, customers will have access to one of the largest scale data center footprints in Oregon, offering over 100 MW of actively deployed capacity.
Flexential, one of the first industry leaders to establish a presence in Hillsboro's fast-growing market, will leverage an existing 138,000 square-foot data center to rapidly deliver its fourth data center in Hillsboro, and plans to construct an additional facility as part of the new campus development. Both data centers will leverage a highly-efficient sustainable design and will target operating at 1.4 PUE and zero WUE, as required to qualify for Flexential's Green Finance Framework.
The new development will directly interconnect with Flexential's highly-connected facility at Hillsboro 2, known as the industry's NAP of the Northwest. As the long-standing home of the New Cross Pacific and Hawaiki subsea cables and offering access to three other subsea cables in the market, the Hillsboro 2 data center has established a reputation as the most connected data center in Oregon. Flexential's NAP of the Northwest interconnection hub offers the densest network access available in the market, coupled with access to one of the largest scale data center footprints available in Hillsboro.
"As the longest-standing data center provider in Hillsboro, we are committed to providing the most flexible connectivity and capacity options for our Pacific Northwest customers, backed by Flexential's industry-leading ability to offer a complete cloud portfolio to suit customers' unique needs," said Ryan Mallory, Chief Operating Officer, Flexential. "It was a clear, necessary next step to expand our Hillsboro footprint as demand continues to increase in a region that offers a direct, fast connection to APAC. We look forward to the continued growth and success of this campus."
"We have partnered with Flexential since its initial project in 1999 in delivering cost-effective, reliable and sustainable power to enable its customers to grow their digital infrastructure deployments in the Portland region," said Dain Nestel, Director of Growth and Commercialization at Portland General Electric. "We're proud to support Flexential as they build out this next phase of their growth in Hillsboro."
Flexential continues to drive momentum for its national platform expansion initiative and is on track to significantly exceed its 2022 goal to add 33MW of new, sustainable data center development projects and offer customers access to more than 220MW and 3 million square feet of capacity, across 19 markets, by year end 2022.
The Hillsboro campus is a strategic hub on the national FlexAnywhere™ Platform providing direct access to Flexential's hybrid offerings including Hosted Private Cloud, Multi-tenant Cloud, Managed Public Cloud and DRAAS offerings and direct connections to public cloud hyperscalers such as AWS, Azure, and Google Clouds.
Supporting resources:
- Explore Flexential's portfolio of highly-connected data centers across the Portland region.
- Find geographic coverage and interconnection options on the FlexAnywhere™ national platform of 40 data centers.
- Learn more about FlexAnywhere™ solutions for hybrid IT that squarely address key CIO pain points around powering business agility, enabling ability to scale, and delivering superior application and interconnection performance.
- For more information on Flexential, visit https://www.flexential.com.
About Flexential
Flexential empowers the IT journey of the nation's most complex businesses by offering flexible and tailored hybrid IT solutions comprised of colocation, cloud, connectivity, data protection, managed, and professional services. The company builds on a platform of three million square feet of data center space in 19 highly connected markets, and on its 100GB private backbone to meet the most stringent challenges in security, compliance, and resiliency. See how Flexential goes beyond the four walls of the data center to empower IT through an interactive map found on www.flexential.com.
Flexential is a registered trademark of the Flexential Corp. Follow Flexential on LinkedIn, Twitter, and Facebook.
Media Contact:
Sarah Curry Davis
sarah.curry-davis@flexential.com
303 522 0884
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SOURCE Flexential
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https://www.mysuncoast.com/prnewswire/2022/09/07/flexential-expands-flexanywhere-platform-with-new-data-center-development-oregon/
| 2022-09-07T13:26:07Z
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Online retailer Zulily announces top 10 sleepless cities as bi-annual Welcome Baby shopping event kicks off
SEATTLE , Sept. 14, 2022 /PRNewswire/ -- Zulily today launches the 24th edition of its bi-annual Welcome Baby Event, now featuring the largest curated collection with more than 6,500 styles up to 60% off where expecting and new moms can discover products and brands she needs and wants for herself, her baby and her home. Now, more than ever, millions of moms overall feel more overwhelmed by financial burdens compared to a year ago, with inflation impacting 92% of household budgets. While 43% of moms feel prepared to protect their family budget1, 54% are now planning more because of inflation and rising prices. To help expectant and new moms plan and solve for #inflationhacks, for two weeks, from September 14-29, Zulily will feature products from layette sets and playwear to car seats, strollers and more to make moms' lives easier and maximize savings, so she can stay focused on celebrating the little and big moments that come with a new family addition.
"Household budgets are feeling the squeeze as 72% of moms report that spending habits for essentials have been most impacted1 and welcoming a new baby into a home requires a lot of essentials, as well as extra purchases along the way. The ever-changing nature of new moms and babies means that shopping for needs is more frequent, so Zulily is supersizing its product offering to help lighten the load for the four million new moms every year," said Erica Williams, Zulily's Kids Merchandise Manager. "We know that what keeps mom up at night in addition to feeding is worrying, caring for their children, and planning for the future, which is why this Welcome Baby, we're excited to debut new events like mom-somnia to help create sleepful nights, in addition to products every mom wants and needs, all at great values."
Mom-somnia is something only moms experience and is defined as the sleeplessness and middle-of-the-night wakeups that a mom, especially a new mom, experiences due to carrying the weight of the world and her family on her shoulders. To combat those sleepless nights with a newborn in the house, Zulily's mom-somnia collection features products that will lull both mom and baby to a good night's rest. From satin pillowcases to calming body washes and comfortable sleeping sets, moms can catch some ZZZ's.
With more than half of moms (55%) reportedly staying up at night worrying about the world, planning for the future or caring for their children,2 Zulily has discovered the top 10 cities where moms are sharing their struggles with sleeplessness on social media3 and surprising 100 moms, including moms from Harvest Home, which aims to transform the lives of homeless pregnant woman and their children, with a good night sleep makeover. To combat mom-somnia, Zulily will provide care packages that feature swaddling blankets, bath salts, white noise machines, comfy pajamas, and more.
Move over Meg Ryan and Tom Hanks because Seattle is sleepless no more: these 10 cities stay awake:
- Los Angeles, CA
- Washington, DC
- Chicago, IL
- Atlanta, GA
- Houston, TX
- Philadelphia, PA
- Seattle, WA
- San Francisco, CA
- Hoboken, NJ
- Dallas, TX
Other curated shoppable collections that are part of this month's Welcome Baby Event include an exciting new exclusive capsule collection that was co-designed by fashion influencers and new moms, Jessica Nickson and Noelle Downing, in collaboration with the fan favorite Little Millie brand. The collection includes over 170 styles across 20 trends from $8.99-$46.99 for baby and mom. In addition, while the birth of twins are special and rare, representing a little more than 3% of all births, it means moms need to double the budgeting for all essentials and needs. Aimed at delighting wallets and moms of twins everywhere, Zulily will feature Double the Fun with products from Baby Trend Expedition Double Joggers to cozy twinning sleepwear sets by Night Life and Elowel, all at prices moms can brag about. Lastly, Buzzy Buys for Baby is giving moms something to talk about with buzzworthy products for babies everywhere, including Baby Aspen's Big Dreamzzz Baby Firefighter Set or Silly Munk's Green Racoon Personalized Teething Clip.
Beginning September 14 to September 29, new and expecting moms will discover exclusive daily deals, virtual brand experiences and everyday deals on new styles from brands they love, including Burt's Bees Baby, Carter's, Chicco, Diono, Gerber, Kickee Pants, Little Me, Mud Pie, Tea Collection, Wonderfold Wagon, and more – all specially curated around on-trend themes to make moms' shopping experience easy and fun, now with free shipping on all orders of $89 and above. Customers can shop the Welcome Baby Event today at Zulily.com and on the mobile app, and find more information by visiting Zulily's The Find.
1Source: Survey conducted by Pollfish on behalf of Zulily in July 2022 of over 1,000 U.S. based moms between the ages of 25-44 with kids 18 and under.
2Source: Survey conducted by Pollfish on behalf of Zulily in March 2022 of over 500 U.S. based moms between the ages of 25-44 that are expecting or have a baby under 12 months old.
3Source: Top 10 Sleepless Cities determined by social listening on Sprout Social across Twitter, Facebook, Instagram and TikTok over a course of 180 days from the date of December 31st, 2021 – June 28th, 2022. Sprout Social used a collection of relevant key words to identify over 5,629 moms.
Zulily is an online superstore committed to delivering a fun shopping experience for moms everywhere, without breaking the bank. Through exclusive daily deals, brand names and on-trend styles, and everyday value on a wide selection of daily essentials across clothing, footwear, homewares and more, Zulily helps moms discover great deals, create special moments for the family and find the perfect unique items, guilt-free. At Zulily, shopping is a little different, a little better and a lot more fun.
Zulily is headquartered in Seattle, Washington, with locations in Nevada, Ohio, and China. With expertise in technology, merchandising, creative production, logistics, marketing, customer service and more, Zulily team members work together to deliver a different kind of shopping experience for moms – one that's built on fun, discovery and whimsy. For more information visit, www.zulily.com or The Find by Zulily, or follow @Zulily on Facebook, Instagram, Pinterest or Twitter. For vendors interested in selling on Zulily, visit www.sell.zulily.com.
Zulily, LLC is a wholly owned subsidiary of Qurate Retail, Inc. (NASDAQ: QRTEA, QRTEB, QRTEP), a Fortune 500 company that includes the Qurate Retail GroupSM portfolio of brands as well as other minority interests and green energy investments. Qurate Retail Group comprises seven leading retail brands – QVC®, HSN®, Zulily, Ballard Designs®, Frontgate®, Garnet Hill® and Grandin Road® – all dedicated to providing a more human way to shop. Qurate Retail Group is the largest player in video commerce ("vCommerce"), which includes video-driven shopping across linear TV, ecommerce sites, digital streaming and social platforms. For more information, visit www.qurateretailgroup.com, or follow @QurateRetailGrp on Facebook, Instagram or Twitter, or follow Qurate Retail Group on YouTube or LinkedIn.
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SOURCE Zulily
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https://www.kxii.com/prnewswire/2022/09/14/move-over-seattle-zulily-finds-out-its-sleepless-los-angeles-new-moms/
| 2022-09-14T14:37:03Z
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The Fully-Integrated Software as a Service (SaaS) Research Platform Partners with Greater Gift to Address Racial Equity in Clinical Research
NEW YORK, June 16, 2022 /PRNewswire/ -- ProofPilot, a leading Software as a Service (SaaS) clinical trial research platform, today announced its first ever Open Invitation for Research, in partnership with the nonprofit organization Greater Gift. In advance of Juneteenth and on the heels of its campaign launched in February, ProofPilot is kicking off this initiative and encouraging individuals from Black, Latinx, AAPI, and Native communities (BIPOC) to submit research ideas that focus on issues concerning BIPOC communities. The winner will not only receive training and access to perform their chosen research project on the ProofPilot platform completely free of charge, but in addition, and in partnership with Greater Gift, the recipient will receive a minimum of $2,500 to support their research.
"Diversity in clinical trials from both the researcher and participant perspective are essential components to high-quality care and every person, regardless of race, ethnicity, or socio-economic background, should have the opportunity to participate," said Ashlei A. Rodgers, MPH, Director of Strategic Communications at Health Leads and one of the Open Invitation judges. "Hence why I am so excited about the Open Invitation for Research – because it reduces the barriers for members from under-represented populations to conduct research and improve health outcomes for their communities."
Racial and ethnic equity in all facets of research is a poorly addressed issue with a wide range of complicating factors. Historical challenges that affect reduced participation in clinical trials include low income, investigator bias, mistrust in medical research and professionals, limited health and research literacy, and lack of access to transportation.1 ProofPilot is dedicated to making research more accessible to both researchers and participants and aims to mitigate these known barriers.
"ProofPilot is transforming the traditional clinical trial model to enable more companies and communities to run trials on a wider array of regulated and non-regulated products and services – all without the typically required internal infrastructure," said Joseph Kim, Chief Marketing Officer of ProofPilot. "By automating the clinical trial model and hosting this invitational, we aim to bring more attention to the issues that affect minority and other under-represented groups, while providing resources to solve them."
ProofPilot is partnering with Greater Gift, a non-profit organization, founded in 2010, with a mission to increase awareness of clinical research, especially among underrepresented communities, to improve global health. Greater Gift will be accepting tax-deductible donations on behalf of ProofPilot to support the winners of the competition. 100% of donations received will be disbursed to the winner of the ProofPilot BIPOC Research competition. All donations collected will be in addition to the $2,500 that ProofPilot will be awarding the winning researcher. All topics are welcome, such as medical, social, mental health, nutrition, education, etc., and the winner will be determined by the uniqueness of the research idea, feasibility to implement the research, and value of the research concept to the broader community.
Learn more about this program or submit an application here.
ProofPilot is an American internet company founded in 2014 by Matthew Amsden, with headquarters in New York City, New York. The software as a service (SaaS) product is created for anyone to design, launch, participate, and engage in research studies. ProofPilot was designed as a solution for Life Science companies with ProofPilot Rx, as well as wellness interventions with its product ProofPilot 365. To learn more, visit https://www.proofpilot.com/
Stay up-to-date on ProofPilot news at: https://www.linkedin.com/company/proofpilot
Greater Gift (www.greatergift.org) is a non-profit organization, founded in 2010, with a mission to increase awareness of clinical research, especially among underrepresented communities, to improve global health. Greater Gift builds bridges with underrepresented communities to engage them in research, ensure equal representation in clinical research and to increase access to research as an option for medical care. Since its founding, Greater Gift has honored 130,000 clinical trial volunteers by making donations of vaccines and meals to children in need in their honor.
References
- Bierer, B. E. et al. Achieving diversity, inclusion, and equity in clinical research guidance document version 1.2. The MRCT Center of Brigham and Women's Hospital and Harvard https://mrctcenter.org/diversity-in-clinical-research/download/2326/ (2021).
Media Contact
EvolveMKD
ProofPilot@EvolveMKD.com
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SOURCE ProofPilot
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https://www.wibw.com/prnewswire/2022/06/16/proofpilot-announces-new-research-open-invitation-bipoc-focused-issues/
| 2022-06-16T15:56:33Z
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PITTSBURGH, May 31, 2022 /PRNewswire/ -- "I make wigs and I wanted to create an accessory that would provide a snug and secure fit for a wig," said an inventor, from Markham, Ill., "so I invented the VEL CROWN. My design would eliminate the hassle of constantly adjusting or checking the wig and also eliminate the use of glue that will stop glue build up on the wig."
The invention provides an improved means of securing a wig in place on the head. In doing so, it offers an alternative to traditional wig caps. As a result, it prevents the wig from moving or shifting and it provides added comfort and peace of mind. The invention features an adjustable design that is easy to wear and use so it is ideal for individuals who wear wigs. Additionally, it is producible in design variations.
The original design was submitted to the Chicago sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CHK-199, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp
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https://www.mysuncoast.com/prnewswire/2022/05/31/inventhelp-inventor-develops-improved-way-secure-wig-chk-199/
| 2022-05-31T18:14:05Z
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Report: Kansas at elevated risk of blackouts this summer
WICHITA, Kan. (KWCH) - As temperatures warm up in the months ahead, so does the risk of possible blackouts across the country.
A new report Thursday said Kansas is at an elevated risk of blackouts this summer. You may remember in February of 2021 when we had rolling blackouts to conserve energy.
If blackouts happen this year, they’ll happen on the hottest days when energy demand is highest. Those are also the days you’ll want to keep your air conditioner on.
Eyewitness News spoke with an energy expert who said power grid operators are preparing for higher demand than ever before. But even then, there’s a lot that can happen that’s out of their control.
The North American Reliance Corporation warns on the hottest days this summer, power grids might not be able to meet that demand in some areas.
“I think this is a pretty standard warning, but because of the pandemic and the war (Russian invasion of Ukraine) and inflation, there’s probably even more risk out there that’s associated with peak demand,” said Natural Resources Defense Council Senior Energy Economist Ashok Gupta.
Gupta said when peak demand can’t be met, that’s when blackouts happen. The Southwest Power Pool (SPP) predicts this summer that demand will be higher than ever before at 51.1 gigawatts.
The SPP operates the grid for Kansas and 13 other states. The summer, it said it’s prepared to serve more than 55 gigawatts, but Gupta said there’s always the possibility of the unexpected. Rolling blackouts during the February 2021 cold snap is a prime example.
“You have to build 10 to 20 percent over n case things go wrong, and even then, things go wrong,” Gupta said. “So, we pay for all of that redundancy in the system, and the best way to deal with that is by managing the demand side of the equation.”
To reduce demand and the chance of blackouts, conserving energy on peak days can make a significant difference.
“As you start adding up over a neighborhood, a second of a city, a city, and our entire service area, those collective efforts can help moderate the demand for energy,” said Every spokesperson, Gina Penzig.
Penzig said in addition to keeping the lights on, conserving energy can also help to keep your bill down.
While inflation, supply chain issues and the conflict in Ukraine could impact the grid across the country, there are other factors regionally that could impact Kansans. One of those is drought across states in the SPP. That means less energy from hydrogeneration.
The drought in Kansas also means we’ll use more energy to irrigate crops.
Copyright 2022 KWCH. All rights reserved.
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https://www.wibw.com/2022/05/19/report-kansas-elevated-risk-blackouts-this-summer/
| 2022-05-20T12:50:27Z
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Merger will form one of the premier water midstream companies in the United States
HOUSTON, Sept. 16, 2022 /PRNewswire/ -- Pilot Water Solutions LLC ("PWS") and Oilfield Water Logistics ("OWL") are pleased to announce a new partnership, merging the two businesses to create the premier water midstream operator in the Northern Delaware Basin. The significantly scaled water midstream company will be led by members of PWS's executive leadership and OWL's management team, with operations continuing under the PWS brand.
"This partnership furthers our goal of becoming the most reliable water midstream, reuse and recycling company in the United States," Anuj Sharma, CEO of PWS, stated. "Bringing together our complimentary systems will extend our best-in-class service to producers across the Northern Delaware Basin and offer increased reach, reliability, and capacity in seismically quiet areas of the basin. Additionally, our expansive combined footprint will enable us to reliably meet our customers' growing recycling needs in New Mexico."
Together, PWS will have a nationwide footprint of 129 saltwater disposal wells, 850 miles of pipelines, 2.5 million barrels of water per day of disposal capacity, and 34 source, recycling, and evaporation facilities across the Permian, Eagle Ford, Marcellus, Utica, Haynesville, and Rockies.
"We are delighted to partner with a team that shares our commitment to safety, quality, sustainability and customer service," said Todd Abbott, Executive Chair of OWL. "Through the combined strength of our new platform, we are well-positioned to meet the challenges of rising produced water volumes and to provide enhanced value for our customers."
Scotiabank acted as an exclusive financial advisor to PWS. Bracewell LLP acted as legal advisor to PWS. Truist Securities, Inc. acted as exclusive financial advisor to OWL. King & Spalding LLP acted as legal advisor to OWL.
The transaction is expected to close in the third quarter of 2022, following the completion of regulatory review.
Pilot Water Solutions (PWS), a wholly-owned subsidiary of Pilot Company, is one of the largest midstream saltwater disposal and transportation companies in the country with operations in the Appalachian, East Texas, Western Gulf and Permian Basins.
Founded in 2014, OWL's growing water infrastructure solutions platform in the Permian Basin extends across the midstream water value chain, including produced water gathering, transportation, re-use, recycling and disposal. OWL provides long-term stability and volume predictability for its exploration and production customers and is strongly positioned to meet increasing customer demand and further expand its footprint and service offering.
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https://www.wibw.com/prnewswire/2022/09/16/pilot-water-solutions-oilfield-water-logistics-announce-partnership/
| 2022-09-16T14:13:20Z
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NEW YORK and LOS ANGELES, May 25, 2022 /PRNewswire/ -- Kharon, a data and analytics company providing organizations with intelligence at the intersection of global security and commerce, today announced a partnership with Binance, the world's leading blockchain ecosystem and cryptocurrency infrastructure provider, and Neterium, an API-native and cloud-native screening provider. Through this partnership, Binance will utilize Kharon's industry-leading data and analytic platform in order to enhance its sanctions screening and broader KYC controls. Kharon's data will be delivered into Binance's transaction screening environment in partnership with Neterium. The collaboration will contribute to the further development of data solutions dedicated to advancing the capabilities of cryptocurrency trading platforms to detect and prevent activity by illicit actors.
Binance averages $24 billion USD in crypto trade volume every 24 hours. To meet the needs of operating the world's largest cryptocurrency exchange, Binance is leading the crypto industry in developing a world class cryptocurrency compliance program through the utilization of the most advanced know-your-customer, sanctions, and risk solutions. Kharon's data and Neterium's technology, delivered through Binance's screening technology, allows Binance to enhance its service to their global clients, while addressing increased risk and regulatory requirements.
Chagri Poyraz, Global Head of Sanctions, Binance: "As we continue to maintain and build the world's largest cryptocurrency exchange, we are committed to building an industry-leading compliance program. Working with Kharon and Neterium allows us to leverage Kharon's best in-class data with Neterium's innovative technology to address our risk."
Howard Mendelsohn, Chief Client Officer, Kharon: "Virtual asset service providers require the highest quality data and technology to support their compliance programs. Partnering with Binance to provide data and analytic tools is a critical development to address expanding regulatory expectations and mitigate risk."
Florence Vicentini, Chief Commercial Officer, Neterium: "We are delighted to partner with Binance as Neterium specializes in very high scalability and high complexity use cases. Binance's demanding compliance processes precisely require the level of performance and flexibility that our APIs were designed to offer"
Kharon is a leading provider of risk management solutions driven by proprietary research and data analytics. Kharon rigorously investigates and curates complex data at the intersection of global security and commerce, powering financial crimes compliance, sanctions, export controls, supply chain, and other risk management operations. Through our unique approach, Kharon's multilingual subject matter experts and data scientists generate enriched data covering the commercial networks of restricted actors and their related parties. Kharon is founded and led by former senior officials of the U.S. Department of the Treasury and experienced software engineers.
Created in 2017, Neterium is an API-native Regtech, specializing in watchlist screening software. Its mission is to reinvent financial crime prevention by offering unparalleled performance and superior efficiency. Neterium is led by a team of industry experts in the Financial Crime Compliance (FCC) field. Neterium provides innovative Software-as-a-Service solutions, combining the benefits of latest technologies with in-depth financial crime compliance knowledge. Neterium teams up with partners and clients to add advanced screening capabilities to their platforms and solutions.
Binance is the world's leading blockchain ecosystem and cryptocurrency infrastructure provider with a financial product suite that includes the largest digital asset exchange.
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https://www.mysuncoast.com/prnewswire/2022/05/25/binance-enhance-kyc-sanctions-screening-program-with-kharon-neterium-partnership/
| 2022-05-25T20:38:39Z
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NEW YORK, June 6, 2022 /PRNewswire/ -- Hospital for Special Surgery (HSS) will host its 37th Tribute Dinner on June 6 at the American Museum of Natural History in New York City. The event will honor David W. Altchek, MD, co-chief emeritus of the Sports Medicine and Shoulder Service, with the Lifetime Achievement Award and Andreas C. Dracopoulos, co-president of the Stavros Niarchos Foundation (SNF), with the HSS Tribute Dinner Award.
Actress, producer, author, and talk show host Drew Barrymore will host the gala, and guests will be treated to a musical performance by seven-time Grammy Award-winner Gladys Knight. Legendary Baseball Hall of Famer Mariano Rivera is scheduled to present the award to Dr. Altchek.
"We are privileged to honor Dr. Altchek for his outstanding contributions to HSS and to the field of sports medicine. He played a key role in the expansion of the Sports Medicine Institute to the West Side of Manhattan and in the opening of HSS Florida in West Palm Beach," said Bryan T. Kelly, MD, surgeon-in-chief at HSS. "His name is synonymous with the finest sports medicine care in the nation for athletes at all levels, including elite professionals. His pioneering surgical techniques have raised the bar for patients at HSS and beyond."
The Stavros Niarchos Foundation has been an extraordinary partner to HSS under the leadership of Andreas Dracopoulos for nearly two decades. "We commend and honor Andreas for his outstanding leadership and generous philanthropy," said Louis A. Shapiro, president and CEO of HSS. "By establishing the Stavros Niarchos Foundation Complex Joint Reconstruction Center at HSS, the SNF continues to have a profound impact on our work to advance research and treatment for the most challenging orthopedic conditions worldwide."
Funds raised at the Tribute Dinner will support the HSS mission to provide the highest quality care to help people get back to what they need and love to do. Guests will include leaders and luminaries in business, health care, sports, philanthropy, finance, the arts and government.
The cocktail reception will begin at 6:15 p.m. Dinner, the award ceremony and a performance by Gladys Knight will start at 7:15 p.m.
Dr. David Altchek, a sports medicine surgeon, is co-chief emeritus of the Sports Medicine and Shoulder Service at HSS. In addition to treating everyday athletes, he has played an important role in promoting the health and well-being of several professional sports teams and associations. He serves as medical director for the New York Mets and is a medical consultant for the National Basketball Association. He previously served as North American medical director for the Association of Tennis Professionals, which sponsors the men's professional tennis tour. He is a former team physician for the U.S. Davis Cup tennis team.
Dr. Altchek is a professor of surgery in clinical orthopedics at Weill Cornell Medical College. He has written more than 100 articles and book chapters on conditions affecting the shoulder, elbow and knee.
He knew he wanted to be an orthopedic surgeon early on. At the tender age of 10, he went on Saturday morning rounds with his father, an orthopedic surgeon. When it was time for college, he attended Columbia University, where he would later receive the John Jay Award for Distinguished Professional Achievement, the highest honor bestowed on Columbia alumni.
He earned his medical degree from Cornell University Medical College, which awarded him the T. Campbell Thompson Prize for Excellence in Orthopedic Surgery. Dr. Altchek completed his residency at Hospital for Special Surgery, followed by a fellowship in Sports Medicine and Shoulder Surgery at HSS.
In 2003, the Association of American Shoulder and Elbow Surgeons recognized Dr. Altchek with the Charles S. Neer Award, which honors outstanding clinical and basic science investigations contributing to the understanding, care or prevention of shoulder injuries.
Andreas C. Dracopoulos is Co-President of the Stavros Niarchos Foundation (SNF), a private, international philanthropic organization that has made more than 5,100 grants to fund nonprofit organizations and projects worldwide aiming to achieve a broad, lasting, and positive impact for society.
Andreas is a Trustee of The Rockefeller University, Johns Hopkins University (JHU), and the Center for Strategic and International Studies (CSIS). He is also an Honorary Trustee of the New York Public Library (NYPL).
He has provided long-standing personal support to many projects in the areas of education, arts and culture, and medicine. He provided the founding grant to establish the Dracopoulos iDeas Lab at CSIS and supported the creation of the Dracopoulos-Bloomberg Bioethics iDeas Lab at JHU's Berman Institute of Bioethics, where he also endowed the directorship.
In 2021, Andreas was invested as Archon Grand Orator (Megas Rhetor) by Archbishop of Constantinople and Ecumenical Patriarch Bartholomew I and made an Honorary Battalion Chief by the Fire Department of the City of New York (FDNY), the organization's highest civilian honor. The Republic of France awarded Andreas the rank of the Officer of the Legion of Honor in 2016, while H.E. the President of the Hellenic Republic awarded Andreas the ranks of the Grand Cross of the Order of Honor and the Grand Commander of the Order of the Phoenix in 2018 and 2012, respectively. He has also been recognized by the New York Stem Cell Foundation, the FDNY Foundation, the Child Mind Institute, the Hellenic American Chamber of Commerce, and the National Herald.
Andreas was born and raised in Athens, Greece, and graduated from Athens College. He received a Bachelor of Science degree in economics from the Wharton School of Business. In June 2021, Andreas received an honorary degree, Doctor of Laws, from Simon Fraser University in Vancouver, Canada. He lives in New York City.
HSS is the world's leading academic medical center focused on musculoskeletal health. At its core is Hospital for Special Surgery, nationally ranked No. 1 in orthopedics (for the 12th consecutive year), No. 4 in rheumatology by U.S. News & World Report (2021-2022), and the best pediatric orthopedic hospital in NY, NJ and CT by U.S. News & World Report "Best Children's Hospitals" list (2021-2022). In a survey of medical professionals in more than 20 countries by Newsweek, HSS is ranked world #1 in orthopedics for a second consecutive year (2022). Founded in 1863, the Hospital has the lowest complication and readmission rates in the nation for orthopedics, and among the lowest infection rates. HSS was the first in New York State to receive Magnet Recognition for Excellence in Nursing Service from the American Nurses Credentialing Center five consecutive times. An affiliate of Weill Cornell Medical College, HSS has a main campus in New York City and facilities in New Jersey, Connecticut and in the Long Island and Westchester County regions of New York State, as well as in Florida. In addition to patient care, HSS leads the field in research, innovation and education. The HSS Research Institute comprises 20 laboratories and 300 staff members focused on leading the advancement of musculoskeletal health through prevention of degeneration, tissue repair and tissue regeneration. The HSS Innovation Institute works to realize the potential of new drugs, therapeutics and devices. The HSS Education Institute is a trusted leader in advancing musculoskeletal knowledge and research for physicians, nurses, allied health professionals, academic trainees, and consumers in more than 145 countries. The institution is collaborating with medical centers and other organizations to advance the quality and value of musculoskeletal care and to make world-class HSS care more widely accessible nationally and internationally. www.hss.edu.
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https://www.wibw.com/prnewswire/2022/06/06/hss-honor-renowned-sports-medicine-surgeon-david-w-altchek-md-philanthropist-andreas-c-dracopoulos-2022-tribute-dinner/
| 2022-06-06T15:13:10Z
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NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed Weber Inc. ("Weber" or the "Company") (NYSE: WEBR) Class A common stock pursuant and/or traceable to the registration statement and prospectus (collectively, the "Registration Statement") issued in connection with the Company's August 2021 initial public offering ("IPO" or the "Offering"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/webr.
This class action seeks to recover damages against Defendants for alleged violations of the Federal Securities Act of 1933 (the "Securities Act").
The complaint filed in this class action alleges that the Registration Statement made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Weber was reasonably likely to implement price increases; (2) as a result, consumer demand for Weber's products was reasonably likely to decrease; (3) due to the resulting inventory buildup, Weber was reasonably likely to run promotions to "enhance retail sell through"; (4) the foregoing would adversely impact Weber's financial results; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/webr or contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Weber you have until September 27, 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.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact:
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com
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https://www.kxii.com/prnewswire/2022/08/03/investor-alert-bronstein-gewirtz-amp-grossman-llc-notifies-weber-inc-webr-investors-class-action-actively-participate/
| 2022-08-03T15:20:04Z
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New safes for controlled substances anticipated to help reduce organized retail crime
All 198 CVS Pharmacy locations in the state now using time delay safe technology
WOONSOCKET, R.I., April 28, 2022 /PRNewswire/ -- As part of an ongoing commitment to support law enforcement and help build safer communities, CVS Health (NYSE: CVS) today announced the completed installation of time delay safe technology in all 198 Arizona CVS Pharmacy locations, including those in Target stores. The safes are anticipated to help prevent pharmacy robberies and the potential for associated diversion of controlled substance medications – including opioid medications such as oxycodone and hydrocodone – by electronically delaying the time it takes for pharmacy employees to open the safe. In addition, the safes are anticipated to benefit the safety and well-being of CVS Pharmacy customers and employees.
The company's rollout of time delay safes is in support of the state's Organized Retail Crime Task Force, which was established by Arizona Attorney General Mark Brnovich with support from the state Legislature and the Arizona Retailers Association.
"Our office is proud to take such an aggressive stand against organized retail theft," said Arizona Attorney General Mark Brnovich. "We applaud CVS for taking these proactive measures to help deter criminal behavior and reduce the chances of opioid and other controlled substance medications from unlawfully entering and endangering our communities."
CVS Health first implemented time delay safe technology in 2015 in CVS Pharmacy locations across Indianapolis, a city experiencing a high volume of pharmacy robberies at the time. The company saw a 70 percent decline in pharmacy robberies among the Indianapolis stores where time delay safes had been installed. Since then, the company has introduced time delay safes 21 states, including Arizona, and the District of Columbia, resulting in a 50 percent decline in robberies at CVS pharmacies in those local communities.
"While our company continues to focus on moving the country one step closer to a post-pandemic world by increasing access to COVID-19 vaccines, testing and other measures to help create healthy communities, supporting law enforcement efforts in their battle against organized retail crime also remains a focus," said Thomas M. Moriarty, Chief Policy Officer and General Counsel, CVS Health. "Criminal activities that organized retail crime rings fund are a clear danger to our communities, so it is important that retailers, law enforcement and political leaders work together to solve this problem. Time delay safes can help reduce the theft and diversion of prescription medications and bring added security to our stores, which creates a safe environment for our patients and colleagues."
The time delay function cannot be overridden and is designed to serve as a deterrent to would-be pharmacy robbers whose goal is to enter and exit their robbery targets as quickly as possible. All CVS Pharmacy locations in Arizona display visible signage warning that time delay safes are in use to prevent on-demand access to controlled substance narcotics.
CVS Health's time delay safe program is one of many company initiatives to help address and prevent prescription medication misuse and diversion. Through its Safe Medication Disposal Program in Arizona, for example, the company has installed 51 drug disposal units in select CVS Pharmacy locations and donated 3 units to local police departments in the state. To date, more than 60,000 pounds of unwanted and expired medication have been collected in Arizona.
Presently, the company supports over 4,000 safe medication disposal units in CVS Pharmacy locations and through local law enforcement organizations nationwide. Together, these existing medication disposal units have collected nearly 4 million pounds of unwanted medications that might otherwise have been diverted, misused or ended up in the water supply.
For downloadable time delay safe photos, please visit the Media Resource Center.
CVS Health is the leading health solutions company, delivering care like no one else can. We reach more people and improve the health of communities across America through our local presence, digital channels and approximately 300,000 dedicated colleagues – including more than 40,000 physicians, pharmacists, nurses, and nurse practitioners. Wherever and whenever people need us, we help them with their health – whether that's managing chronic diseases, staying compliant with their medications, or accessing affordable health and wellness services in the most convenient ways. We help people navigate the health care system – and their personal health care – by improving access, lowering costs and being a trusted partner for every meaningful moment of health. And we do it all with heart, each and every day. Learn more at www.cvshealth.com.
Media contact
Monica Prinzing
831-241-8294
prinzingm@cvshealth.com
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https://www.mysuncoast.com/prnewswire/2022/04/28/cvs-health-completes-rollout-time-delay-safes-all-its-arizona-pharmacies/
| 2022-04-28T21:12:55Z
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RIO DE JANEIRO (AP) — After a series of measures that weakened Brazil’s environmental laws, far-right President Jair Bolsonaro has signaled an about-face, signing a decree Tuesday relating to crimes involving the destruction of the Amazon rainforest.
The new legislation increases fines for people who provide false information for logging license applications and forest concessions. On the other hand, it does not address pressing issues that have made punishment difficult, such as the fact that fines are allowed to expire without being paid.
Suely Araújo, senior public policy specialist at the Climate Observatory, a network of environmental groups, says that the decree is a response to a lawsuit in the Supreme Court that accuses the Bolsonaro government of ceasing to prosecute environmental crimes.
At the center of the lawsuit are ‘reconciliation centers’ Bolsonaro created in 2019 where environmental offenders may contest their fines. Environmentalists have harshly criticized these.
The centers led to a sharp reduction in environmental fines, a fact that’s been celebrated as an achievement by Bolsonaro, who promised to stop what he called the “fining industry” during his election campaign.
“We stopped having big problems with the environmental issue, especially regarding fines. Do they have to exist? Yes, but we talked, and we reduced the fines in agriculture by more than 80%,” he bragged in January during an official event.
But the decree “is like applying a band-aid to a broken bone,” says Araújo, who headed up Brazil’s environment regulatory agency but resigned at the beginning of Bolsonaro’s term.
At a time when environmental crimes are exploding, enforcement is down and punishment procedures are chaotic, “this decree means absolutely nothing,” she said.
Deforestation in the Brazilian Amazon broke records for April, with new records also set in January and February this year. Satellite alerts for deforestation for April corresponded to more than 1,000 square kilometers (nearly 400 square miles).
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https://cw33.com/news/international/ap-international/brazil-toughens-environmental-fines-in-reaction-to-a-lawsuit/
| 2022-05-26T01:54:38Z
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(The Hill) – President Biden on Tuesday ordered that the flags at the White House, federal buildings and military posts be flown at half-staff for the victims of a deadly shooting at an elementary school in Uvalde, Texas.
The White House issued the proclamation Tuesday evening, hours after news broke of the shooting, which left at least 14 dead. Biden ordered the flags be flown at half-staff through Saturday at the White House, public buildings, military installations, and embassies and consular offices abroad “as a mark of respect for the victims of the senseless acts of violence.”
Biden, who the White House said was briefed on the shooting while flying back from a trip to Asia, is scheduled to deliver remarks on the mass shooting later Tuesday evening after returning.
“His prayers are with the families impacted by this awful event,” press secretary Karine Jean-Pierre tweeted.
Texas Gov. Greg Abbott (R) said that 14 students and one teacher were shot and killed at Robb Elementary School in Uvalde on Tuesday when a gunman opened fire in the school. The gunman, whom Abbott identified at 18-year-old Salvador Ramos, is said to have been killed.
It’s the second mass shooting in less than two weeks that Biden has addressed. Days before departing the White House for Asia, Biden traveled to Buffalo, N.Y., to meet with families affected by the mass shooting at a grocery store that police have labeled a racially-motivated hate crime. That shooting left 10 people dead.
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https://cw33.com/news/nexstar-media-wire/biden-orders-flags-to-half-staff-after-texas-school-shooting/
| 2022-05-25T00:09:38Z
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NEW YORK, May 22, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Netflix, Inc. (NASDAQ: NFLX) between October 19, 2021 and April 19, 2022, inclusive (the "Class Period"), of the important July 5, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Netflix 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 Netflix class action, go to https://rosenlegal.com/submit-form/?case_id=5912 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 July 5, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Netflix was exhibiting slower acquisition growth due to, among other things, account sharing by customers and increased competition from other streaming services; (2) Netflix was experiencing difficulties retaining customers; (3) as a result of the foregoing, Netflix was losing subscribers on a net basis; (4) as a result, Netflix's financial results were being adversely affected; and (5) as a result of the foregoing, defendants' positive statements about Netflix's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Netflix class action, go to https://rosenlegal.com/submit-form/?case_id=5912 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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https://www.kxii.com/prnewswire/2022/05/22/rosen-leading-law-firm-encourages-netflix-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-nflx/
| 2022-05-22T16:49:01Z
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Dimension's portfolio of eight shared solar projects will deliver clean, affordable energy to Virginia grid, allowing over 4,500 low- to moderate-income households to benefit across the Commonwealth.
RICHMOND, Va., Aug. 9, 2022 /PRNewswire/ -- Dimension Renewable Energy ("Dimension") is proud to announce its partnership with Community Housing Partners ("CHP"), a leading Virginia-based affordable housing provider, to deliver the benefits of shared solar directly to thousands of low- to moderate-income ("LMI") families in Virginia.
Before the Virginia General Assembly authorized the creation of the Shared Solar Program in 2020, the numerous benefits of solar energy were exclusive to homeowners with adequate roof space, sufficient financial ability, and a clear line of sight to the sun. Now any Dominion Energy customer – even renters – can subscribe to the energy produced by an offsite solar facility in order to reduce their electric bills.
"Not everyone owns their roof or can afford the upfront cost of a solar array, and this partnership will make renewable energy possible for thousands of Virginia families for whom it would otherwise be out of reach," said Senator Scott Surovell (D-Fairfax), who carried the bill that created the shared solar program.
At a time when electricity and the general cost of living are on the rise, Dimension's shared solar subscribers can expect to see a 10% decrease in their monthly electric bill when they enroll in the program. Across Dimension's entire portfolio, that equates to over $20 million in savings for subscribers over the lifetime of their projects. Through its partnership with CHP, Dimension is making sure these savings will bring direct economic relief to those most impacted by inflation.
"The Dimension team is proud to lead the way for shared solar in Virginia," said Sam Youneszadeh, Dimension's Co-Founder and Chief Development Officer. "We believe in shared solar. Our projects will result in the creation of hundreds of jobs and decades of sustainable energy savings to Virginia families who need it most."
Senator Surovell's (D-Fairfax) and former-Delegate Jay Jones' (D-Norfolk) 2020 legislation requires shared solar projects to enroll at least 30% of their subscribers from LMI communities.
By partnering directly with an affordable housing provider to subscribe LMI residents to shared solar, Dimension and CHP's partnership goes beyond the letter of the law by actively working to lower the barriers to entry into renewables and reduce economic inequality. Instead of waiting for potential subscribers to seek them out, their innovative partnership prioritizes the low- and moderate-income residents that CHP serves.
"Shared solar is another way for us to help low-income families in a responsible, climate-friendly way," said Janaka Casper, CEO of Community Housing Partners and a member of the Virginia Clean Energy Advisory Board. "We plan to work with Dimension and other partners to help bring the benefits of shared solar to our residents."
Additionally, a number of CHP's properties are located just a few miles away from the Dimension solar facility that will serve them. These projects create well-paying construction jobs in the area and also support the movement towards localized energy generation, matching clean power supply with local power demand.
The accessibility, affordability, and equity of shared solar represent a transformative moment in Virginia's energy policy. Virginians are beginning to have choice over how they acquire their energy, and Dimension is thankful for Dominion's coordination with developers and subscribers in administering the shared solar program. Without Dominion's support, thousands of Virginians would have otherwise been excluded from the benefits of solar power, simply because of their income, address, or the fact they rent their house or apartment.
Youneszadeh continued, "We look forward to continuing to work with Dominion Energy to enable this program to achieve the maximum possible benefit to low-income families in Virginia. Dominion is putting in place a new customer interface for all their customers which will streamline the subscriber experience and support our efforts to make the benefits of solar available to more Virginians."
From Chesapeake to Prince Edward, to Augusta and Dumfries, Dimension and CHP's partnership will help to bridge the gap in clean energy accessibility.
Founded in 1975, Community Housing Partners (CHP) is a 501(c)(3) not-for-profit organization, governed by a board, that provides housing opportunities and related services to low-income individuals and families across the southeastern and Mid-Atlantic United States. Through its mission to create homes and communities that are healthy, sustainable, and affordable, CHP has been a leading advocate of affordable housing development in Virginia for over 40 years. CHP's activities include real estate development, construction, energy services and training, asset management, property management, homeownership, and comprehensive resident services.
Dimension is a leading developer and operator of community solar solutions. For the communities in which we invest, our fleet of solar projects delivers clean energy, local jobs, tax revenue, and savings, alongside other benefits including workforce development and educational opportunities.
We are a turnkey provider of these solutions: from site acquisition and development, to construction and operation, we are a steady and reliable presence in our communities.
CONTACTS:
Dimension Renewable Energy
Janet Grothe, Director of Community Engagement
(877) 277-8506, ext. 66
jgrothe@dimension-energy.com
Community Housing Partners
Michael Sutphin, Communications Manager
(540) 642-1403
msutphin@chpc2.org
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SOURCE Dimension Renewable Energy; Community Housing Partners
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https://www.mysuncoast.com/prnewswire/2022/08/09/dimension-renewable-energy-announces-partnership-with-community-housing-partners-deliver-solar-bill-savings-lmi-households/
| 2022-08-09T18:14:11Z
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Doctor arrested for selling illegal prescriptions, found with $1.9 million, authorities say
PINELLAS COUNTY, Fla. (Gray News) - Detectives in Florida say a doctor is under arrest for selling prescription drugs while writing false prescriptions.
According to the Pinellas County Sheriff’s Office, an investigation started in May when the Narcotics Division received information about fraudulent prescriptions being written and sold by a doctor.
According to detectives, Dr. Neelam Uppal, 62, was identified as potentially writing the illegitimate prescriptions, specifically for promethazine codeine syrup and oxycodone.
Detectives said Uppal had sold over 550 promethazine codeine syrup prescriptions and “hundreds” of oxycodone prescriptions this year while preying on drug addicts for several years.
During their investigation, authorities said Uppal prescribed the drugs to undercover detectives without seeing, examining or speaking to them.
Detectives reported they received the prescriptions from Uppal after paying her $650 for the promethazine codeine syrup and $450 for the oxycodone prescription.
Officials said Uppal is listed as an infectious disease doctor in Florida, but the health department showed the 62-year-old was on a probationary status.
On Tuesday, detectives served a search warrant at Uppal’s residence and business. They said while they were at her home, two people arrived to get additional fraudulent prescriptions.
The sheriff’s office said detectives located the following items in their search:
- Multiple prescription pads
- Minimal patient records and documents
- Multiple handwritten ledgers
- Multiple prescriptions filled out with a variety of patients’ names
- $1.9 million in cash
- Gold bars and jewelry valued at about $175,000
The Pinellas County Sheriff’s Office said Uppal was charged with three counts of trafficking codeine and three counts of trafficking oxycodone. She was taken into custody and transported to the Pinellas County Jail.
Additionally, the Drug Enforcement Administration served Uppal with a civil injunction to revoke her ability to further prescribe medication.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.mysuncoast.com/2022/07/29/doctor-arrested-selling-illegal-prescriptions-found-with-19-million-authorities-say/
| 2022-07-29T20:30:01Z
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The family of a 23-year-old Black man killed by a San Bernardino police officer is demanding answers about the shooting, as surveillance video shows the man running away from police when he is shot.
Robert Adams, known as Rob to his family, was shot Saturday in the parking lot of a business. Police say Adams had a gun in his hand as he was running from two officers, but his family believes he was holding his cell phone.
"This is a classic example of 'shoot first, ask questions later,'" Ben Crump, one of the lawyers representing Adams' family, said in a news conference Wednesday, adding, "What we witnessed was a young man unnecessarily and unjustifiably being murdered."
"I just want answers," Adams' mother Tamika Deavila King said at the conference, nodding to the crowd gathered behind her. "This is all his family. My son was well-loved."
Police say that two uniformed officers drove into a parking lot in an unmarked car to conduct surveillance after they received a tip from an informant about the location. When the officers pulled into the lot, police say Adams began to walk toward the car with a gun in his hand.
Adams can be seen in surveillance footage walking toward the officers holding an object.
When the officers got out of the car, they gave Adams "verbal commands" and briefly chased him as Adams "immediately ran toward two parked vehicles with the gun in his right hand," San Bernardino Police Chief Darren Goodman said in a briefing.
"Seeing that he had no outlet, they believed he intended to use the vehicle as cover to shoot at them," Goodman said. "The officer saw Adams look over his left shoulder with the gun still in his right hand. Fearing that bystanders or the officers' lives were in danger, one of the officers fired his gun, striking Adams."
The first several seconds of the body-worn camera footage from the officer who shot Adams does not have audio, so it is unclear whether the officers identified themselves or what commands they may have given him. Goodman says witnesses confirmed that the officers gave Adams commands, but did not elaborate on what the officers said.
Crump criticized the actions of police in the video, emphasizing the officers' car could not be identified as a police vehicle and that officers quickly drew their guns upon exiting the vehicle.
Surveillance video shows Adams running from officers in between two cars that are parked up against what appears to be a brick wall. The body-worn camera footage shows Adams holding an object in his hand as he runs from officers.
A loaded handgun was recovered at the scene, Goodman said, noting that the location of the shooting has a history of criminal activity, including one incident that involved Adams as a suspect.
King says she was on the phone with her son at the time of the shooting and described hearing it unfold through the phone. She believes her son was holding his cell phone in his hand, not a gun.
"I was on the phone and all I heard after that was gunshots. He never told me goodbye," she said.
A protest is scheduled for 7 p.m. on Saturday.
An internal administrative investigation is being conducted by the police department, Goodman said. Once that investigation is completed, it will be sent to the DA's office for a full review. That independent assessment will be publicly released. The process typically takes several months, according to Jacquelyn Rodriguez, spokesperson for the San Bernardino County District Attorney's office.
California's Department of Justice is aware of the incident, but currently not investigating, according to an email from the Attorney General's press office.
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https://www.albanyherald.com/news/family-of-black-man-fatally-shot-by-san-bernardino-police-demands-answers-after-video-shows/article_ef0b6505-2346-52f4-87f7-65f89638c2ca.html
| 2022-07-21T04:47:33Z
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DALLAS (KDAF) — Christmas season may seem so far away, but now may be a good time to start looking for gifts for the family.
Last-minute Christmas shopping has been reported to lead to higher spending, which, if you’re using a credit card, could mean more debt.
WalletHub has commissioned a new report looking at consumer spending in relation to credit cards, citing that credit card debt has increased by $67.1 billion during the second quarter of this year.
State by state, the study says Texas had the second largest credit card increase, ranking amongst states like California, Florida, New York, and Illinois. According to the study, the average household in Texas owes $8,681 in credit card debt following a $593 Q2 increase.
For the full report, visit WalletHub.
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https://cw33.com/news/local/texas-saw-2nd-biggest-credit-card-debt-increase-in-the-country-study-says/
| 2022-09-12T19:20:17Z
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School fight: 12-year-old facing criminal charges after middle school altercation, authorities say
KENOSHA, Wis. (Martin Law Office/CNN) - A 12-year-old Wisconsin girl is charged with disorderly conduct after being involved in a violent school fight earlier this year.
The girl’s attorney said she was offered a diversion, with a penalty similar to probation, but that was untenable because she is not guilty.
The fight happened on March 4 at Lincoln Middle School in Kenosha.
Video captured a portion of the altercation and showed an officer working security that day using his knee on the girl when breaking up the fight.
The officer has since resigned from the school district but remains on the Kenosha police force.
The 12-year-old’s attorney said the officer should have been charged as her client was a victim of police brutality and the charge against her seems to be an effort to silence her.
A civil suit has been filed against the officer, the interim police chief and the school district, according to the girl’s attorney.
Copyright 2022 CNN Newsource. All rights reserved.
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https://www.wibw.com/2022/05/14/school-fight-12-year-old-facing-criminal-charges-after-middle-school-altercation-authorities-say/
| 2022-05-14T04:53:47Z
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The Albany Technical College admissions department will hold a special arena day event to help students finish their financial aid process and get registered for classes Thursday from 9 a.m. until 7 p.m.
ALBANY – The Albany Technical College admissions department will hold a special arena day event to help students finish their financial aid process and get registered for classes Thursday from 9 a.m. until 7 p.m. in the Logistics Education Center on the main campus of ATC. The next entry point for summer enrollment is June 1 and fall is Aug. 17.
“Many students have started the process by filling out an application with Albany Tech but may have gotten caught up in some portion of the financial aid steps due to missing documents," Vice President of Student Affairs/Enrollment Management Barbara Brown said. "We will have financial aid specialists walk everyone through the process in person. We ask these students to please prepare by bringing any missing documents to the event."
Students may need to start the federal financial aid procedure or finish it up by bringing missing items as part of completing the financial aid application.
“We just want to help the students cross the 'finish line,' so to speak, and make sure they receive money for college to get them registered for the summer or fall semester,” Director of Financial Aid Kierra Sparks said.
Representatives from every part of admissions will be available, and even faculty members will be on hand to talk about specific programs. Assistance will be given to students who need to fill out an application, get financial aid, register for classes, take a test, or discuss a program with a faculty member. This ATC arena event will be a “fast pass” for completing the process.
For more information about the event on Thursday, contact financial aid at one of three numbers: (229) 430-6153, (229) 430-6156 or (229) 430-6158. The college's website is albanytech.edu/financial-aid.
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https://www.albanyherald.com/local/albany-tech-to-host-application-help-day/article_49af0320-d6ec-11ec-975b-2b29da26e18a.html
| 2022-05-18T21:20:34Z
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NEW YORK, May 31, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Riskified Ltd. (NYSE: RSKD) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of all persons or entities who purchased Riskified Class A ordinary shares in or traceable to the Company's July 2021 initial public offering.
Lead Plaintiff Deadline: July 1, 2022
No obligation or cost to you.
Learn more about your recoverable losses in RSKD:
https://www.kleinstocklaw.com/pslra-1/riskified-ltd-loss-submission-form?id=27812&from=4
CLASS ACTION CASE DETAILS: The filed complaint alleges that Riskified Ltd. made materially false and/or misleading statements and/or failed to disclose that: (i) as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in documents issued in connection with the July 2021 initial public offering), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries; (ii) Riskified had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform; (iii) as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (iv) thus, the representations in documents issued in connection with the July 2021 initial public offering regarding Riskified's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of Riskified prior to and at the time of the July 2021 initial public offering, and were materially false and misleading, and lacked a factual basis.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Riskified Ltd. you have until July 1, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Riskified Ltd. securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the RSKD lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/riskified-ltd-loss-submission-form?id=27812&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
View original content:
SOURCE The Klein Law Firm
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https://www.mysuncoast.com/prnewswire/2022/05/31/rskd-alert-klein-law-firm-announces-lead-plaintiff-deadline-july-1-2022-class-action-filed-behalf-riskified-ltd-shareholders/
| 2022-05-31T19:43:05Z
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UCLA Anderson Forecast says war in Ukraine, COVID lockdowns in China, supply chain constraints, inflation will stymie growth
LOS ANGELES, June 1, 2022 /PRNewswire/ -- In March, the UCLA Anderson Forecast cited the uncertainties facing the U.S. and California economies. Seemingly, just as the economy was returning to normal as the effects of the COVID-19 pandemic began to abate, the Russian invasion of Ukraine destabilized global economic conditions.
In the UCLA Anderson Forecast's June reports for the nation and the state, the effects of a number of economic impediments — including the Russia-Ukraine war, COVID lockdowns in China, supply chain constraints and inflation — continue to affect the U.S. and California economies. And while there is no recession forecast in the June report, economic slowdowns in California and across the U.S. are expected.
Given growing concern about the possibility of a recession caused by rising interest rates and a slowdown in housing, Professor Edward Leamer, in an article titled "A New Way of Forecasting a Recession: Not Much to Worry About Right Now," examines the evidence through a statistical analysis of past recessions. Leamer's analysis concludes that a recession in the next 12 months is unlikely.
However, according to UCLA Anderson Forecast Senior Economist Leo Feler, author of the June forecast for the nation, there is no doubt that parts of the U.S. economy are abruptly slowing, as waves of economic shocks continue to cause damage. With the war in Ukraine and COVID lockdowns in China both continuing, the global economy continues to experience supply constraints and higher prices for raw materials.
Related to those shocks, what once seemed like transitory inflation has become persistent, and consumers have begun to expect higher rates of inflation for the coming years. In other words, the concern that inflation expectations could become unanchored has begun to materialize, which will make it more challenging for the Fed to rein in inflation. The UCLA Anderson Forecast expects that in order to do so, the Fed will significantly increase interest rates this year, which will slow consumer demand, especially for housing and related consumer durables. Higher rates will also slow business investment.
The slowdown in both consumer spending and business investment should bring demand back in line with supply and help alleviate some of the current supply chain constraints and shortages. Although a recession is not expected in the next two years, the risk has certainly grown. It is possible that continued global economic shocks will hurt the U.S. economic recovery and that the Fed will tighten too quickly, which could lead to a recession. The UCLA Forecast does not expect this to be the case, but a recession has become more possible.
The Forecast team also does not expect the Fed to be able to bring core inflation down to its 2% target until after 2024, even with the tighter monetary policy that is expected for this year and into 2023.
The June Forecast expects U.S. economic growth will likely slow to 2.8% in 2022, followed by 2.0% in 2023 and 1.9% in 2024, below the trend rate of growth in these later years. Just a few months ago, the forecast was for growth of 4.3%, 2.8% and 2.3%, respectively, for the same years. On a quarterly basis, the latest Forecast expects the depth of the economic slowdown and the highest risk of recession to occur in the middle of 2023.
According to Feler's report, the GDP contraction that occurred in the first quarter of 2022 was a "one-off." He expects a rebound in GDP of 3.1% on an annualized basis in the second quarter and 3.6% in the third quarter, as consumers shrug off COVID-19 and shift back to services like airline travel, recreation and dining.
"By the end of 2022 and into 2023, as the impact of the Federal Reserve's interest rate increases begin to bite, we expect growth to slow to below 2%," Feler says. "Only by the end of 2024 do we expect GDP growth to pick back up to trend rates."
With that economic slowdown, the level of GDP is expected to remain below what it would have been had the pandemic never occurred. That is, real GDP is not expected to return to its long-term trend even by the end of 2024. Unemployment will likely rise in 2023 as the Federal Reserve increases interest rates and the economy slows. The forecast for inflation does not see consumer prices easing any time soon and calls for 7.4% year-over-year inflation, as measured by the consumer price index, by the end of 2022, falling to 2.2% by the end of 2023.
Feler expects the Fed to raise interest rates at each of its meetings for the rest of the year, with the likelihood of 0.5 percentage point increases in June and July, and even the possibility of a 0.75 percentage point increase if inflation does not begin to come down. The forecast expects the federal funds rate to peak between 3.75% and 4.0% in mid-2023.
In California, the pandemic continues to be a major factor influencing the economy, but it is no longer the sole influence. Higher energy prices due to Russia's invasion of Ukraine as well as uncertainty on Wall Street that will impact funding for the state's technology entrepreneurs are headwinds, in addition to continuing pandemic-related supply chain interruptions.
But there are also some positives, including California's record surplus general fund and a significant rainy-day fund to protect against future tax revenue downturns.
Still, according to UCLA Anderson Forecast Director Jerry Nickelsburg, who authored the June California forecast, the headwinds affecting the state's growth are significant. As a result, the forecast has been shifted downward from the previous one. It is not a recession, but it is a shallower growth trend than before.
Nickelsburg's June analysis includes an examination of sectors that are now experiencing constraints but are expected to drive the California economy in the coming years.
The California forecast calls for solid gains in employment. The current data indicate that broad-based hiring in retail trade, health care and social services, technology and construction is likely to mean solid gains in the coming three years. Increases in defense spending and the continued demand for tech will also be factors in the California economy's continued growth.
But there are real risks to the economy in the near term. As a consequence of the expected slowing of growth elsewhere in the U.S., the California forecast is now a bit weaker than it was three months ago. Further risks to the forecast are the continuing pandemic and domestic migration on the downside, as well as increased international immigration and accelerated onshoring of technical manufacturing on the upside.
Technology-laden industries have been driving the California economy since the end of the Great Recession, as the demand for new software and technological solutions to 21st-century business and consumer activity has been evident in both the San Francisco Bay Area and Southern California. Today, this spans aerospace, manufacturing, life sciences, energy, entertainment and computing.
Although tech is not a sector itself, two sectors — professional, technical and scientific services being one, and information the other — are arguably the most tech-intensive sectors. The information sector includes film and television production and broadcasting. By June 2021, employment in these two sectors had recovered in the Bay Area, and in April 2022, the level of payroll employment was 7.2% higher than its previous peak. Also, April employment grew at an annual rate of 7%. Between the last three months and the previous three months, employment grew by an annual rate of 4%.
In addition, the logistics industry has been hiring rapidly since the downturn in March 2020. This has been driven by a shift from services consumption to goods consumption during the worst of the pandemic, an increase in home remodeling and a shift in purchase behavior from brick-and-mortar retail to online retail. The impact can be seen in the sea port and airport data. As California is the port of entry for most of the goods produced in Asia's industrial centers, the state has disproportionately benefited from this increased demand.
The unemployment rate for the third quarter of this year is expected to be 4.3%, and the average rates for 2022, 2023 and 2024 are expected to be 4.5%, 4.1% and 4.5%, respectively. The forecast for 2022, 2023 and 2024 is for total employment growth rates to be 4.3%, 1.5% and 4.7%. Non-farm payroll jobs are expected to grow at rates of 5.1%, 2.3% and 1.2% during the same three years. Real personal income is forecast to decline by 4.5% in 2022 and grow by 2.4% in 2023 as a function of the transfers from the stimulus packages expiring, and it is expected to grow by 2.9% in 2024.
In spite of the slowing economy, the continued demand for limited housing stock, coupled with low interest rates, leads to a forecast of a relatively rapid return of homebuilding. The economists' expectation is for 124,000 net new units to be permitted in 2022, growing to 143,000 by 2024. That level of homebuilding means that the prospect of the private sector building out of the housing affordability problem over the next three years is nil.
In a companion essay, UCLA Anderson Forecast economist William Yu updates the Forecast's City Human Capital Index (CHCI).
In 2012, the UCLA Anderson Forecast developed the CHCI to calculate the weighted average of educational attainment of adult residents by various geographic domains, such as state, metro (MSA), county and ZIP code. The goal is to provide a simple barometer to measure and compare human capital across regions in the U.S. over time. A simple interpretation of the index is that — by and large — one-tenth of its value is equal to the average schooling years of local residents.
According to the report, the top three metros with the highest CHCI in 2020 were Washington, D.C.; Boston; and San Francisco, with New York City in the middle and Los Angeles, San Antonio, Las Vegas and Riverside, California, at the bottom.
According to Yu, the good news is that there was an across-the-board increase in the CHCI from 2013 to 2020 due to such reasons as increased investment in education, higher graduation rates and higher human capital migration. Los Angeles County, although still falling below the national average in adult educational attainment, is now outpacing the U.S. in the growth in millennials' educational attainment.
June 2022 Forecast conference
2022 and Beyond: An Economy in the Choppy Waters of Supply Chains and Inflation
In addition to presentations of the U.S. and California forecasts, the June 2022 Forecast conference will feature a keynote address by John Burns, CEO of John Burns Real Estate Consulting, and a panel discussion regarding residential real estate. The panel participants are:
- David Shulman, Senior Economist, UCLA Anderson Forecast
- Jan K. Brueckner, Distinguished Professor, Economics, School of Social Sciences, University of California, Irvine
- Martha Mosier, President, Berkshire Hathaway HomeServices California Properties
- Anthony Valeri, Executive Vice President, Director of Investment Management, California Bank & Trust
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.
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.
Media Contact
Rebecca Trounson
(310) 825-1348
rebecca.trounson@anderson.ucla.edu
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SOURCE UCLA Anderson Forecast
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https://www.kxii.com/prnewswire/2022/06/01/global-domestic-impediments-will-slow-down-economy-no-recession-yet/
| 2022-06-01T08:36:36Z
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- The normalization of the Iron and Steel Making Substation is scheduled to be completed this morning… Target to complete power recovery by the 10th
- The steelworks is also scheduled to resume operation within the holiday period
- All environmental maintenance in the steelworks will be completed within the Chuseok holiday period
SEOUL, South Korea, Sept. 7, 2022 /PRNewswire/ -- POSCO's typhoon damage restoration work is accelerating. POSCO is planning to operate the three blast furnaces at the Pohang Works, which are currently blown down, sequentially from the 10th.
The Iron and Steel Making substation, which suffered flood damage, will be normalized this morning, and desalinated water facilities and LNG power plants will be normalized one after the other by tomorrow to supply steam and oxygen nitrogen necessary for the early operation of the blast furnace. The goal is to normalize the Rolling Substation by the 10th to complete the power recovery at the steelworks.
Steelmaking plants will also be linked to handle the molten iron produced from the blast furnaces and will operate during the Chuseok holiday period.
Due to the typhoon damage, underground facilities in many areas of the steelworks were flooded. Extensive drainage work for underground facilities is currently in progress, and the Gyeongbuk Fire Department supported 8 large water pumps and three shipbuilding companies including Hyundai Heavy Industries provided a total of 78 water pumps and emergency generators.
During the Chuseok holiday, employees of Pohang Works, as well as employees of the Gwangyang Works, will adjust the operation plan to support recovery, and all environmental maintenance within the Works will be completed within the holiday period.
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SOURCE POSCO Holdings
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https://www.mysuncoast.com/prnewswire/2022/09/08/posco-promote-normal-operation-blast-furnaces-pohang-works-around-september-10/
| 2022-09-08T02:59:31Z
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TAIPEI, May 16, 2022 /PRNewswire/ -- GIGABYTE Technology announced a total of four products under its gaming-focused AORUS brand, including a trio of AORUS high-end Z690 motherboards and the AORUS FO48U large-sized gaming monitor, which have been awarded the prestigious iF Design Award 2022 for their excellence in product design.
The awarded Z690 AORUS XTREME WATERFORCE, Z690 AORUS XTREME, and Z690 AORUS MASTER are the top-of-the-line motherboards engineered to perfectly support the Intel 12th-gen processors. These three motherboards impress the performance-driven enthusiasts with GIGABYTE's state-of-the-art cooling solutions and class-leading power deliveries. Combined with the exclusive DDR5 memory overclocking function, these AORUS Z690 can fully unleash the gaming prowess of the new-gen processors, putting together a powerful and durable platform for those who seek nothing but the extreme performance from their desktop PCs.
The AORUS FO48U gaming monitor also gained the iF Design acknowledgment for delivering groundbreaking visuals that were never seen before. The AORUS FO48U is the world's first 48-inch gaming monitor featuring a 4K OLED panel with up to 120Hz refresh rate, offering unmatched immersion and esports-grade, silky-smooth gameplay when paired with the latest GPU, such as the GeForce RTX 30 series graphics cards. The HDMI 2.1 connectivity also allows gamers to get the most out of their new-gen game consoles by elevating the gaming performance to its full potential. Ideal for both PC and console gaming, the AORUS FO48U gives users the best of both worlds.
This year's iF Design recognition reaffirms GIGABYTE's leadership in product engineering and industrial design, as the brand once again sets the industry standard and benchmark for PC hardware components and a wide range of gaming products. GIGABYTE will continue to lead the way and strive to upgrade every user's life with the most innovative and forward-looking designs. To learn more about GIGABYTE's award-winning products and design stories, please refer to: https://bit.ly/ifaward2022
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SOURCE GIGABYTE
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https://www.mysuncoast.com/prnewswire/2022/05/16/four-win-gigabyte-wins-big-if-design-award-2022/
| 2022-05-16T15:47:25Z
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RICHMOND, Va., July 7, 2022 /PRNewswire/ -- Policy Pathways kicked off its 2022 Summer Academy for Policy Leadership and Public Service Online (SAO) on Sunday, June 26th with great success. City of Newport News Councilwoman Tina Vick and Virginia House Delegate Delores McQuinn offered words of welcome. Keynote Speaker Illinois State Senator Jacqueline Collins delivered an inspirational message to youth entering the fields of policy and advocacy and encouraged them to hope, act, and remain engaged in their communities.
Twenty talented young leaders from across the country comprise the 2022 SAO cohort that brings backgrounds and interests in reproductive and immigration rights, the environment, foreign policy, education, human rights, and more. The SAO offers participants insights into a wide variety of policy issues and opportunities to discuss, analyze, and challenge themselves while learning from top professors and policy experts.
Trey Smith, a member of the China-Africa Trade Capstone team, is interested in international affairs with a focus on global warming and the shift from fossil fuels to sustainable energy options. His team member Tad Tan is eager to learn effective advocacy and communication strategies he will employ to demonstrate "that environmental policies are essentially non-partisan."
Alivia Taliaferro, working on the Title IX and Equal Opportunity in Sports Capstone, is enjoying the opportunity to "develop professional relationships with other individuals [who] have a passion for making a difference in the world."
Logan Sowers, who serves on the Chesterfield Youth Citizen Board, is passionate about identifying creative and pragmatic solutions to problems we face in [Virginia] and our country. He is reimagining Petersburg's Legends Historical Park with his Capstone project teammates.
The Summer Academy for Policy Leadership and Public Service Online will conclude Saturday, July 9, with a Closing Ceremony at 10:00 AM EST. Teams will present their Capstone projects, and Ms. Christian Herald, sophomore at the University of Richmond and President of the Black Student Alliance, will speak to our theme: Policy Leaders Shape the Future.
This celebratory event is open to the public! Please join us here.
Policy Pathways thanks its partners: Virginia Department of Housing and Community Development; UCLA Arthur Ashe Oral History Project; ACLU of Virginia; University of Energy and Natural Resources (Sunyani, Ghana); Willcox Watershed Conservancy; Hampton Roads Community Action Program; Richmond Public Schools; City of Richmond Mayor's Youth Academy; Signs & Wonders Ministries and MEGA Mentors; and Commonwealth (VA) Chapter of The Links, Incorporated.
For more information, please see policypathways.org.
Media contact: Gretchen Kent, gretchenkent@policypathways.org
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SOURCE Policy Pathways, Inc.
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https://www.kxii.com/prnewswire/2022/07/07/policy-pathways-summer-leadership-academy-welcomes-2022-cohort/
| 2022-07-07T15:27:37Z
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RED BANK, N.J., Sept. 6, 2022 /PRNewswire/ -- Provention Bio, Inc. (Nasdaq: PRVB), a biopharmaceutical company dedicated to intercepting and preventing immune-mediated disease, today announced that management will participate virtually in a corporate presentation at the H.C. Wainwright 24th Annual Global Investment Conference on Monday, September 12th at 7:00am EST.
The presentation will be webcast live and can be accessed by visiting the Events and Webcasts section of the Company's website: http://investors.proventionbio.com/events. The webcast will be archived on the Company's website for 30 days following the presentation.
Provention Bio, Inc. (Nasdaq: PRVB) is a biopharmaceutical company focused on advancing the development of investigational therapies that may intercept and prevent debilitating and life-threatening immune-mediated diseases. The Biologics License Application (BLA) for teplizumab, its lead investigational drug candidate, for the delay of progression to Stage 3 clinical type 1 diabetes in at-risk individuals has been filed by the U.S. Food and Drug Administration (FDA). The Company's pipeline includes additional clinical-stage product candidates that have demonstrated in pre-clinical or clinical studies proof-of-mechanism and/or proof-of-concept in other autoimmune diseases, including celiac disease and lupus. Visit www.ProventionBio.com for more information and follow us on Twitter: @ProventionBio.
Provention Bio, Inc. uses its website, www.proventionbio.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation F.D. Such disclosures will be included on the Company's website in the "News" section. Accordingly, investors should monitor this portion of the Company's website, in addition to following its press releases, SEC filings and public conference calls and webcasts.
Investor Contact:
Robert Doody, VP, Investor Relations
rdoody@proventionbio.com
484-639-7235
Media Contact:
Kaelan Hollon, VP, Corporate Communications
khollon@proventionbio.com
202-421-4921
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SOURCE Provention Bio, Inc.
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https://www.wibw.com/prnewswire/2022/09/06/provention-bio-present-hc-wainwright-24th-annual-global-investment-conference/
| 2022-09-06T20:39:05Z
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GroupM & iSpot quantifies CTV impression overcounts for first time; Phase One study estimates streaming impressions that continue to play when TV is shut off
NEW YORK, June 13, 2022 /PRNewswire/ -- GroupM, WPP's media investment group, has partnered with media companies across the advertising industry to create new standards in streaming viewability and CTV measurement. The initiative follows a joint study with TV ad measurement company iSpot that quantifies inflated CTV ad delivery counts and reveals that, on average, 8-10% of streaming impressions play when the TV is shut off, primarily through ancillary devices.
Companies including Disney, Fox/Tubi, LG Ads Solutions, NBCUniversal, Paramount, VIZIO and Warner Bros. Discovery have committed to working at an industry level with agencies, advertisers, and standards-setting bodies to create a streamlined measurement framework and set of best practices to ensure ads are only counted when delivered to screens that are on, with people in front of them.
The effort follows GroupM's focus last year in pushing for greater implementation of "Are You Still Watching" end cards to help address potential inflated audience counts. That initiative was widely adopted by publishers and platforms – but does not fully solve the issue.
"The explosion of streaming is rich with opportunity to deliver smarter ad experiences across a wide variety of possible channels. With any technological advancements, it's our job to close the gaps so all avenues of ad delivery are verified," said Kirk McDonald, Chief Executive Officer, GroupM North America. "As responsible investment stewards of our clients' media spend, this verification illuminates both the issue and the opportunity for our industry. Regardless of the medium, if an ad is running, we want and should be able to attribute, measure, and report that an ad was served and seen."
"This approach to verifying CTV allows us to quantify a complex problem in a comprehensive way, yet more importantly provides insights and a pathway for solving an important issue for the industry," said
Sean Muller, CEO of iSpot.tv.
STUDY FINDINGS: The Phase One study found that:
- On average, 8-10% of overall streaming impressions were delivered when the TV was shut off.
- 17% of impressions delivered only through CTV streaming devices such as dongles, gaming consoles, and sticks were delivered when the TV was shut off. Gaming consoles generally had lower rates of continuous play than dongles and sticks.
- Native Smart TV Apps—which account for about 50% of all CTV viewing1—had virtually no incidence of overcounts across streaming ad delivery.
- Depending on the configuration among the three components—TV make and model, streaming device and publisher app—the CTV impression overcount by publisher ranged from 2.5% to 15% across all CTV streaming activity.
"One of the most important findings was that there are dramatic variances in rates of continuous play, driven by the combination of TV set model, streaming device, and publisher app being used," said Adam Gerber, Executive Director, Investment Strategy for GroupM U.S. "This is one of many measurement challenges facing the industry as consumption continues to fragment across device, time and location. These realities make a unified industry initiative to set standards and measurement solutions that much more urgent. It is part of a larger need to ensure that measurement accurately reflects the number of people who have the opportunity to see an ad."
"Along with the growth of CTV and its tremendous opportunities comes new challenges – challenges in measurement, attribution, currency, and privacy-enhancing personalization. IAB and IAB Tech Lab have been at the forefront of the unique challenges of the CTV space across publishers, platforms, apps and OEMs," said David Cohen, CEO of IAB. "Trust, transparency and accountability are foundational to the continued responsible growth of CTV. Timed for Q3 2022, IAB Tech Lab will release Open Measurement SDK for CTV, which will enable the industry to facilitate third-party viewability and verification measurement. It will also deliver a 'set off' signal and algorithmic assessment around the likelihood that a person is in the room viewing. We commend GroupM and others who look to quantify industry opportunities such as this one and look forward to continued education, best practice sharing, and technical standards to address these areas. Our Video Leadership Summit happening in just a few short weeks will tackle these issues head-on."
iSpot, with input from GroupM and other industry participants, has developed a first-of-its-kind measurement offering that is built on top of its Unified Measurement product. The beta product, iSpot CTV Verification, measures continuous play incidence at the campaign level. GroupM will have exclusive access for a period of time as the product completes testing and development, at which point it will be available to the marketplace.
METHODOLOGY
GroupM and iSpot evaluated hundreds of millions of aggregate and anonymized CTV impressions delivered across 20 million Smart TVs, various platforms and publishers between January 1 and June 30, 2021. The analysis was restricted to ad buying through programmatic channels, using a single Smart TV manufacturer's automatic content recognition data as the underlaying match. iSpot verifies CTV impressions using various factors, including input source and its own proprietary system for verifying ad and content play directly on TVs.
The study was conducted to obtain top-level insights about a complex technology problem and to develop methodologies for establishing benchmarks on which the buy and sell-side can transact with confidence. The full extent of the findings, including performance metrics for platforms, publishers and specific devices, will be shared privately with respective companies for the purposes of exploring methods for solving technical issues and agreeing to standards suitable for each unique platform.
GroupM and iSpot are partnering to run ongoing measurement in Phase Two of the study with an expanded data set.
ABOUT GROUPM
GroupM is the world's leading media investment company responsible for more than $50B in annual media investment through agencies Mindshare, Wavemaker, EssenceMediacom and mSix&Partners. GroupM's portfolio includes Data & Technology (Choreograph), Investment, and GroupM Nexus, all united in the vision to shape the next era of media where advertising works better for people. By leveraging all the benefits of scale, the company innovates, differentiates, and generates sustained value for our clients wherever they do business. Discover more about GroupM at groupm.com.
Contact:
Kaya.Heitman@groupm.com
646-387-0367
Quotes for attribution:
Mike Sallette, Vice President, Media Connections, Danone North America: "We recognize the media marketplace is dynamic and increasingly complex – requiring ongoing innovation to how we measure delivery and performance. This initial study helps marketers understand the effectiveness of certain channels and where there is opportunity to help ensure that our advertising investments drive the highest return."
Aaron Sobol, Head of U.S. Media Investments and Partnerships, Unilever: "This CTV study between GroupM and iSpot is another example of the importance of independent third-party measurement in the industry. The validation that impressions are being counted while the TV is off is vital to understand and needs to be fixed. We support and applaud our partner in GroupM for their dedication and rigor to develop this critical learning."
Lisa Valentino, EVP of Client Solutions and Addressable Enablement, Disney Advertising: "GroupM's commitment to advance industry measurement standards is an important step toward providing fair and accurate representation of audiences across screens. Disney recognized the need to reconcile audiences and understand how they were engaging with our world-class content for years. We are thrilled to work in parallel with GroupM to diversify solutions for clients, leveraging third-party measurement options and an outcomes-based approach to provide the most holistic view of audiences and performance across our portfolio."
Mark Rotblat, CRO of Tubi, a streaming service of FOX: "Efforts around continuous play represent efforts to continuously improve the connected TV advertising marketplace, and we are in full support. Tubi and FOX have been researching and taking steps to improve this along with our device partners, and we were excited when we learned about GroupM and iSpot's approach. We have committed to working in partnership, as this will take all parties from TV OEMs to connected devices, to apps, measurement services, and buyers, in order to most effectively understand and address the occurrence of continuous play."
Raghu Kodige, CEO, LG Ads Solutions: We're not surprised by this - it's an industry problem that we have been addressing alongside other OEM-owned or operated CTV ad businesses. For our part, given the complete integration of the TV itself, the TV operating system (webOS), and our automated content recognition technology, we have full visibility as to when ads are delivered and whether or not the set was on."
Krishan Bhatia, President & Chief Business Officer, NBCUniversal: "In this era of rapidly evolving consumer behavior, driven by the explosive growth of streaming viewership, it's never been more important to accurately capture how audiences are engaging with content across all platforms. We support GroupM's efforts, in collaboration with iSpot, to rally all industry stakeholders to improve measurement accuracy and agree on standards for streaming viewability, co-viewing and cross-platform reach and frequency."
John Halley, COO, Advertising, Paramount: "These CTV findings highlight device-level limitations. This industry effort goes beyond solutions like 'Are You Still Watching,' which is effective but imprecise, and moves us to better device-level awareness, which is a necessity to maintain the integrity of all premium video products."
Mike O'Donnell, Chief Revenue & Strategy Officer, VIZIO: "VIZIOs integrated hardware, software, and ACR data technology enable us to deliver verifiable audiences and power innovation in measurement. It's great to see our currency grade data utilized to help improve transparency and to reaffirm the value proposition of direct to device advertising."
Jon Steinlauf, Chief U.S. Advertising Sales Officer, Warner Bros. Discovery: "We want both our world-class content and our advertisers' messages to be seen, measured and properly counted. By addressing continuous play with a solution our entire industry can get behind, GroupM propels greater trust, transparency, and accountability in the CTV space, and that benefits everyone in this ecosystem."
1 Comscore's OTT Intelligence Report as cited in company blog post, May 12, 2022.
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SOURCE GroupM
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https://www.mysuncoast.com/prnewswire/2022/06/13/advertising-industry-unites-create-new-standards-streaming-viewability-connected-tv-measurement/
| 2022-06-13T11:28:02Z
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Workers Vote Overwhelmingly in Favor of Unionization
NILES, Ill., April 18, 2022 /PRNewswire/ -- With over 90 percent voting in favor of representation, workers at the Rise Dispensary of Niles, Illinois have voted to join Teamsters Local 777. The dispensary is the first property owned by Green Thumb Industries (GTI) – one of the largest cannabis companies in the United States – to affiliate with the Teamsters.
"This victory is the first of many to come at GTI," said Jim Glimco, Local 777 President. "We are 100 percent committed to making sure these workers get the wages, benefits and job protections associated with a Teamster contract. We're going to turn cannabis into a field with attractive, sustainable careers for everyone in the industry."
Reilly Drew and Tim Burns both work at the Rise location and served on the organizing committee during the campaign.
"We are standing together to demand respect, integrity and equity," said Drew. "We're building careers that reward the hard work cannabis workers have put in as the foundation of this rapidly growing and prosperous industry."
"We love our jobs and want to make a decent living," said Burns. "We want to have our voices heard and see the cannabis industry in better alignment with our values – rooted in equity and wellness."
Founded in 1937, Teamsters Local 777 represents workers in a wide variety of industries throughout the Chicago area. For more information, go to https://www.teamsters777.org/.
Contact:
Matt McQuaid, (202) 624-6877
mmcquaid@teamster.org
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SOURCE Teamsters Local 777
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https://www.mysuncoast.com/prnewswire/2022/04/18/rise-niles-workers-join-teamsters-local-777/
| 2022-04-18T21:03:56Z
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LONDON (AP) — The World Health Organization says the rates of people who are obese and overweight in Europe have hit “epidemic proportions,” with nearly 60% of adults and a third of children in one of those categories.
In a reportissued Tuesday, the U.N. health agency’s European office said the prevalence of obesity among adults is higher across the continent than any other world region — except for the Americas.
“Alarmingly, there have been consistent increases in the prevalence of overweight and obesity in the WHO European region and no member state is on track to reach the target of halting the rise in obesity by 2025,” the report said. Among the countries it counts in its Europe region, WHO said the highest rates of obesity were seen in Turkey, Malta, Israel and Britain.
WHO said being overweight or obese is among the leading causes of death in the region and is responsible for more than 1 million deaths every year.
Scientists have long warned that being heavy significantly increases the risk of numerous diseases, including respiratory conditions, diabetes and at least 13 cancers. It is also the leading risk factor for disability.
“During the COVID-19 pandemic, we experienced the true impact of the obesity epidemic,” WHO Europe director Dr. Hans Kluge wrote in the report. He noted that the obese were “more likely to experience severe outcomes of the COVID-19 disease spectrum, including intensive care unit admissions and death.”
Kluge also said that COVID-19 interventions like school closures and lockdowns often raised the risk of gaining weight when people turned to unhealthy diets and were forced to be sedentary.
WHO called for countries to adopt policies to improve “environmental factors” linked to obesity, including taxing sugary drinks, restricting the marketing of unhealthy foods to children and efforts to improve physical activity.
In the U.S., the Centers for Disease Control and Prevention says about 74% of Americans over age 20 are obese or overweight.
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https://cw33.com/health/ap-health/un-obesity-levels-in-europe-at-epidemic-proportions/
| 2022-05-03T16:47:24Z
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TRIBECA ONLINE PREMIERES – AVAILABLE ACROSS U.S. – FEATURE FILMS WITH COLIN KAEPERNICK, NEIL PATRICK HARRIS, AND BD WONG; PLUS AN EXCLUSIVE CONVERSATION WITH DIRECTOR ADAM MCKAY
**AT HOME FESTIVAL PASSES AND TICKETS ON SALE NOW**
NEW YORK, May 6, 2022 /PRNewswire/ -- The 2022 Tribeca Festival™ today launched its lineup of films for "Tribeca at Home" – an online platform that provides festival-goers from around the country the opportunity to share and engage in the Tribeca experience. This year's offering includes a selection of films available exclusively online for viewers through "Tribeca At Home," as well as on Apple TV, Fire TV, and Roku, beginning June 9 through June 26.
The online premieres include exclusive screenings of documentary films: Kaepernick & America, an exploration of former NFL quarterback Colin Kaepernick's protest at the center of swelling racial tension in America; and Billion Dollar Babies: The True Story of the Cabbage Patch Kids, the unbelievable story of Cabbage Patch Kids and how they ushered in the Black Friday sale craze, executive produced and narrated by Neil Patrick Harris. Narrative films include God Save The Queens, featuring Justin Andrew Honard AKA Alaska Thunderfuck and Jay Jackson AKA Laganja Estranja; Nude Tuesday with Jackie van Beek and Damon Herriman; and The Courtroom starring BD Wong, Marsha Stephanie Blake, Michael Braun, Michael Chernus, and Kristin Villanueva. Additionally, there is an exclusive conversation with Academy-winning director, producer, and screenwriter Adam McKay.
"Tribeca at Home" also features more than 80 films from the 2022 Tribeca Festival lineup, including Jerry & Marge Go Large by David Frankel and starring Bryan Cranston, Annette Bening, and Rainn Wilson; The Integrity of Joseph Chambers with Clayne Crawford, Jordana Brewster, and Jeffrey Dean Morgan; and Untrapped: The Story of Lil Baby; Butterfly in the Sky executive produced by Whoopi Goldberg and featuring LeVar Burton; Cha Cha Real Smooth starring Dakota Johnson, Leslie Mann, and Brad Garrett; and more.
U.S. audiences are able to purchase tickets to special online encore screenings of films following their live in-person premieres in New York City. Exclusive festival Q&As with the filmmakers follow many of the online screenings. As an added bonus this year, "Tribeca at Home" will be extended for a week after the Festival so fans can catch anything they missed, re-watch films, and screen Festival-winners. First introduced to audiences through the Tribeca Online Film Festival and expanded last year, the Tribeca Festival was the first festival to introduce virtual programming.
Browse the complete "Tribeca at Home" line-up and purchase tickets to virtual screenings at tribecafilm.com/festival/at-home. For 2022 Tribeca Festival updates follow @Tribeca on Twitter, Instagram, Facebook, YouTube, and LinkedIn, or visit tribecafilm.com/festival and sign up for the official Tribeca newsletter.
Press Credentials
Media interested in covering the festival may submit a press credential application on Tribeca's press site.
About Tribeca Festival
The Tribeca Festival brings artists and diverse audiences together to celebrate storytelling in all its forms, including film, TV, VR, games, music, and online work. With strong roots in independent film, Tribeca is a platform for creative expression and immersive entertainment. Tribeca champions emerging and established voices; discovers award-winning filmmakers and creators; curates innovative experiences; and introduces new technology and ideas through premieres, exhibitions, talks, and live performances.
The Festival was founded by Robert De Niro, Jane Rosenthal, and Craig Hatkoff in 2001 to spur the economic and cultural revitalization of lower Manhattan following the attacks on the World Trade Center. Tribeca will celebrate its 21st year from June 8–19, 2022.
In 2019, James Murdoch's Lupa Systems, a private investment company with locations in New York and Mumbai, bought a majority stake in Tribeca Enterprises, bringing together Rosenthal, De Niro, and Murdoch to grow the enterprise.
About 2022 Tribeca Festival Partners
The 2022 Tribeca Festival is supported by our partners: AT&T, Audible, Bayer's One a Day, Bloomberg Philanthropies, CHANEL, Diageo, DoorDash, Indeed, Meta, NYC Mayor's Office of Media and Entertainment, NBC 4 and Telemundo 47, and Spring Studios New York.
Press materials available HERE
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SOURCE Tribeca Festival
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https://www.kxii.com/prnewswire/2022/05/06/tribeca-festival-launches-2022-tribeca-home-offering-festival-films/
| 2022-05-06T14:39:05Z
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VIRGINIA BEACH, Va., June 30, 2022 /PRNewswire/ -- Fortis Solutions Group LLC, a leading provider of high impact printed packaging solutions and a portfolio company of Harvest Partners, is pleased to announce the acquisition of Anchor Printing based in Novi, Michigan.
Anchor Printing is a flexographic and offset printing specialist providing shrink sleeves, flexible packaging and pressure sensitive labels across a range of industries including the paint, automotive, medical, food, beverage, health and beauty and chemical end-markets.
Fortis President and CEO John O. Wynne, Jr. commented, "I have tremendous respect and admiration for the Weitz family and the nationally recognized business they have created, owned and operated for three generations. We are looking forward to working closely with the Anchor team and Andrew Weitz, who takes on a senior leadership position with Fortis as our President, Shrink and Flexible Packaging. We are very appreciative they have chosen Fortis to help continue their future growth, and bolster our core capabilities and talent across key product lines."
Anchor owner Andrew Weitz commented, "After 75 years of building Anchor Printing Company, we wanted to continue to grow our trajectory, while servicing our customers even better. When meeting with John and the Fortis team, we knew the synergies between the two companies could create something exceptional for years to come and expand the business to even greater heights. Our culture at Anchor was built on the commitment to quality, service, and hard work that was started by my grandfather and passed on to my father and myself, which I will carry on within the Fortis Family."
Employing over 1,200 employees across eighteen manufacturing sites, Fortis intends to continue its pursuit of attractive acquisitions to further the breadth of product offerings and locations which can serve its customer base.
For more information, or to contact a sales representative to learn more about how Fortis can make a difference for you, please call 1-844-FSG-LBLS or visit www.FortisSolutionsGroup.com.
About Fortis Solutions Group
At Fortis Solutions Group, we provide a differentiated approach giving our customers a powerful advantage in the marketplace through industry leading lead times, quality control, color management and solutions-oriented approaches. We deliver a breadth of product offerings utilizing our outstanding flexographic, letterpress, offset and digital printing capabilities. These offerings include pressure sensitive and shrink sleeve labels, multi-ply coupon and flexible packaging printing, extended booklet printing, pouches, folding cartons, label applicators and variable data printing. Headquartered in Virginia Beach, VA, the company also has manufacturing and sales offices in Austin, TX, Catoosa, OK, Ellington, CT, Flowery Branch, GA, High Point, NC, Kansas City, MO, Lewisville, TX, Marietta, GA, Memphis, TN, Merced, CA, Montreal, Canada, Napa, CA, Novi, MI, Orem, UT, Somersworth, NH, West Chester, OH, Whitefish, MT and Wixom, MI.
About Harvest Partners, LP
Founded in 1981, Harvest Partners, LP is an established New York-based private equity investment firm that focuses on investments in middle-market companies in the business services & industrial services, consumer, healthcare, industrials and software industries. Harvest's control strategy leverages the firm's 40 years of experience in financing organic and acquisition-oriented growth. For more information, please visit www.harvestpartners.com.
MEDIA CONTACT:
Lambert | Lisa Baker (603) 868-1967 | lbaker@lambert.com
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SOURCE Fortis Solutions Group
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https://www.wibw.com/prnewswire/2022/06/30/fortis-solutions-group-acquires-anchor-printing/
| 2022-06-30T12:32:38Z
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UN warns Earth ‘firmly on track toward an unlivable world’
BERLIN (AP) — Temperatures on Earth will shoot past a key danger point unless greenhouse gas emissions fall faster than countries have committed, the world’s top body of climate scientists said Monday, warning of the consequences of inaction but also noting hopeful signs of progress.
U.N. Secretary-General Antonio Guterres said the report by the Intergovernmental Panel on Climate Change revealed “a litany of broken climate promises” by governments and corporations, accusing them of stoking global warming by clinging to harmful fossil fuels.
“It is a file of shame, cataloguing the empty pledges that put us firmly on track toward an unlivable world,” he said.
Governments agreed in the 2015 Paris accord to keep global warming well below 2 degrees Celsius (3.6 Fahrenheit) this century, ideally no more than 1.5 degrees Celsius (2.7 Fahrenheit). Yet temperatures have already increased by over 1.1C (2F) since pre-industrial times, resulting in measurable increases in disasters such flash floods, extreme heat, more intense hurricanes and longer-burning wildfires, putting human lives in danger and costing governments hundreds of billions of dollars to confront.
“Projected global emissions from (national pledges) place limiting global warming to 1.5C beyond reach and make it harder after 2030 to limit warming to 2C,” the panel said.
In other words, the report’s co-chair, James Skea of Imperial College London, told The Associated Press: “If we continue acting as we are now, we’re not even going to limit warming to 2 degrees, never mind 1.5 degrees.”
Ongoing investments in fossil fuel infrastructure and clearing large swaths of forest for agriculture undermine the massive curbs in emissions needed to meet the Paris goal, the report found.
Emissions in 2019 were about 12% higher than they were in 2010 and 54% higher than in 1990, said Skea.
The rate of growth has slowed from 2.1% per year in the early part of this century to 1.3% per year between 2010 and 2019, the report’s authors said. But they voiced “high confidence” that unless countries step up their efforts to cut greenhouse gas emissions, the planet will on average be 2.4C to 3.5C (4.3 to 6.3F) warmer by the end of the century — a level experts say is sure to cause severe impacts for much of the world’s population.
“Limiting warming to 1.5C requires global greenhouse gas emissions to peak before 2025 at the latest and be reduced by 43% by 2030,” he said.
Such cuts would be hard to achieve without without drastic, economy-wide measures, the panel acknowledged. It’s more likely that the world will pass 1.5C and efforts will then need to be made to bring temperatures back down again, including by removing vast amounts of carbon dioxide — the main greenhouse gas — from the atmosphere.
Many experts say this is unfeasible with current technologies, and even if it could be done it would be far costlier than preventing the emissions in the first place.
The report, numbering thousands of pages, doesn’t single out individual countries for blame. But the figures show much of the carbon dioxide already in the atmosphere was released by rich countries that were the first to burn coal, oil and gas beginning with the industrial revolution.
The U.N. panel said 40% of emissions since then came from Europe and North America. Just over 12% can be attributed to East Asia, which includes China. But China took over the position as world’s top emissions polluter from the United States in the mid-2000s.
Many countries and companies have used recent climate meetings to paint rosy pictures of their emissions-cutting efforts, while continuing to invest in fossil fuels and other polluting activities, Guterres charged.
“Some government and business leaders are saying one thing but doing another,” he said. “Simply put, they are lying. And the results will be catastrophic.”
The report isn’t without some hope, however.
Its authors highlight myriad ways in which the world can be brought back on track to 2C or even, with great effort, return to 1.5C after that threshold has been passed. This could require measures such as the removal of CO2 from the atmosphere with natural or artificial means, but also potentially risky technologies such as pumping aerosols into the sky to reflect sunlight.
Among the solutions recommended are a rapid shift away from fossil fuels toward renewable energy such as increasingly cheap solar and wind power, the electrification of transport, less meat consumption, more efficient use of resources and massive financial support for poor countries unable to pay for such measures without help.
The situation is as if humanity has “gone to the doctor in a very unhealthy condition,” and the doctor is saying “you need to change, it’s a radical change. If you don’t you’re in trouble,” said report co-author Pete Smith, a professor of soils and global change at the University Aberdeen.
“It’s not like a diet,” Smith said. “It is a fundamental lifestyle change. It’s changing what you eat, how much you eat and get on a more active lifestyle.”
One move often described as “low-hanging fruit” by scientists is to plug methane leaks from mines, wells and landfills that release the potent but short-lived greenhouse gas into the atmosphere. A pact forged between the United States and China at last year’s U.N. climate conference in Glasgow aims to do just that.
“The big message we’ve got (is that) human activities got us into this problem and human agency can actually get us out of it again,” said Skea, the panel’s co-chair.
The panel’s reports have become increasingly blunt since the first one was published in 1990, and the latest may be the last before the planet passes 1.5C of warming, Skea told the AP.
Last August, it said climate change caused by humans was “an established fact” and warned that some effects of global warming are already inevitable. In late February, the panel published a report that outlined how further temperature increases will multiply the risk of floods, storms, drought and heat waves worldwide.
Still, the British government’s former chief science adviser David King, who wasn’t involved in writing the report, said there are too optimistic assumptions about how much CO2 the world can afford to emit.
“We don’t actually have a remaining carbon budget to burn,” said King, who now chairs the Climate Crisis Advisory Group.
“It’s just the reverse. We’ve already done too much in the way of putting greenhouse gases up there,” he said, arguing that the IPCC’s calculation omits new risks and potentially self-reinforcing effects already happening, such as the increased absorption of heat into the oceans from sea ice loss and the release of methane as permafrost melts.
Such warnings were echoed by U.N. chief Guterres, citing scientists’ warnings that the planet is moving “perilously close to tipping points that could lead to cascading and irreversible climate impacts.”
“But high-emitting governments and corporations are not just turning a blind eye; they are adding fuel to the flames,” he said, calling for an end to further coal, oil and gas extraction. “Investing in new fossil fuels infrastructure is moral and economic madness.”
Vulnerable nations said the report showed big polluters have to step up their efforts before the next U.N. climate summit in Egypt this fall.
“We are looking to the G-20, to the world’s biggest emitters, to set ambitious targets ahead of COP27, and to reach those targets – by investing in renewables, cutting out coal and fossil fuel subsidies,” said Tina Stege, climate envoy for the Marshall Islands. “It’s long past time to deliver on promises made.”
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Borenstein reported from Washington.
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Follow AP’s climate coverage at https://apnews.com/hub/climate
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Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/04/04/un-warns-earth-firmly-track-toward-an-unlivable-world/
| 2022-04-06T17:49:09Z
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MIAMI, Aug. 14, 2022 /PRNewswire/ -- Innovative Eyewear, Inc. ("Innovative Eyewear" or the "Company") (NASDAQ: LUCY; LUCYW), a developer and retailer of cutting-edge eyeglasses and sunglasses designed to allow the users to remain connected to their digital lives, today announced the pricing of its initial public offering of 980,000 units consisting of 980,000 shares of its common stock and two accompanying Warrants to purchase up to 1,960,000 shares of common stock. Each share of common stock is being sold together with two Warrants, each to purchase one share of common stock with an exercise price of $7.50 per share at a combined offering price of $7.50, for gross proceeds of approximately $7.35 million, before deducting underwriting discounts and offering expenses. In addition, Innovative Eyewear has granted the underwriters a 45-day option to purchase up to an additional 147,000 shares of common stock and/or Warrants to purchase up to 294,000 shares of common stock to cover over-allotments at the initial public offering price, less the underwriting discount. All of the shares of common stock and warrants are being offered by the Company.
The shares of common stock and warrants are expected to begin trading on the Nasdaq Capital Market on August 15, 2022, under the symbols "LUCY" and "LUCYW," respectively. The offering is expected to close on August 17, 2022, subject to satisfaction of customary closing conditions.
The Company intends to use substantially all of the net proceeds from the offering for advancing its sales and marketing, expanding inventory, updating and producing in-store displays, developing new styles and sizes of the Company's smart eyewear, and for working capital and other general corporate purposes.
Maxim Group LLC is acting as the sole book-running manager in connection with the offering.
A registration statement on Form S-1 (File No. 333-261616) was filed with the Securities and Exchange Commission ("SEC"), which became effective on August 12, 2022. A final prospectus relating to the offering will be filed with the SEC and will be available on the SEC's website at http://www.sec.gov. The offering is being made only by means of a prospectus forming part of the effective registration statement. Electronic copies of the prospectus relating to this offering, when available, may be obtained from Maxim Group LLC, 300 Park Avenue, 16th Floor, New York, New York 10022, at (212) 895-3745. Before investing in this offering, interested parties should read in its entirety the registration statement that the Company has filed with the SEC, which provides additional information about the Company and this offering.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Innovative Eyewear, Inc.
Innovative Eyewear is a developer and retailer of smart eyewear, which are designed to allow the users to remain connected to their digital lives, while also offering prescription eyewear and sun protection. The Company believes that traditional frames, no matter how attractive, do not possess the functionality that many eyeglass wearers need and want. Smart eyewear is a multifunctional product that addresses the needs of the optical, hearables and digital assistant markets. We believe that the Company's products are well positioned in this rapidly growing wearables ecosystem, with the mission to Upgrade Your Eyewear®. For more information, please visit www.lucyd.co.
Forward Looking Statements
This press release contains certain forward-looking statements, including those relating to the anticipated timing of completion of the offering and other statements that are predictive in nature. Forward-looking statements are based on the Company's current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe-harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, "anticipate," "believe," "continue," "estimate," "expect," "future," "intend," "may," "outlook," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to, statements regarding the intended use of proceeds, expected date the Company's common stock and warrants will begin trading, the satisfaction of customary closing conditions and the expected date of the closing of the offering. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company's filings with the Securities and Exchange Commission, including its registration statement on Form S-1, as amended from time to time, under the caption "Risk Factors."
Investor Relations Contact:
Scott Powell
Skyline Corporate Communications Group, LLC
Office: +1 (646) 893-5835
Email: scott@skylineccg.com
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SOURCE Innovative Eyewear, Inc.
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https://www.kxii.com/prnewswire/2022/08/14/innovative-eyewear-inc-announces-pricing-735-million-initial-public-offering/
| 2022-08-14T23:58:57Z
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LOS ANGELES, Aug. 3, 2022 /PRNewswire/ -- Revolve Group, Inc. (NYSE: RVLV), the next-generation fashion retailer for Millennial and Generation Z consumers, today announced financial results for the second quarter ended June 30, 2022.
"We delivered strong results in the second quarter, highlighted by record net sales that increased 27% year-over-year, gross margin expansion to record levels for a second quarter, and continued strong growth in active customers," said co-founder and co-CEO Mike Karanikolas. "We delivered these results despite macroeconomic conditions that became more challenging as the quarter progressed, creating cost pressures that impacted profitability, and also contributed to a moderating year-over-year growth trend in net sales in June that has continued into the third quarter."
"Over our nearly 20 years of operating history, we believe we have demonstrated a unique track record for outperforming the competition in times of disruption and volatility, and we have complete confidence in our team's ability to continue to execute through even the most challenging circumstances," said co-founder and co-CEO Michael Mente. "I'm excited about our future and believe that our strong team, data centric culture, entrepreneurial spirit, operational excellence, and strong connection with the next-generation consumer position us to gain further market share in the months and years ahead."
Second Quarter 2022 Financial Summary
Operational Metrics
Additional Second Quarter 2022 Metrics and Results Commentary
- Continued strong growth in active customers was a key driver of our results, highlighted by quarterly growth of approximately 124,000 active customers during the second quarter of 2022, the highest ever for a second quarter. Total active customers grew to 2.2 million, an increase of 39% year-over-year.
- Total net sales were a record $290.1 million, an increase of 27% year-over-year.
- Gross margin was 55.9%, an increase of 29 basis points year-over-year, and our highest-ever gross margin for a second quarter.
- Growth in total operating expenses outpaced our year-over-year growth in net sales, primarily due to deleverage in selling and distribution costs. In particular, we experienced a higher return rate year-over-year with normalizing product mix being a key contributor as dresses grew to 32% of net sales in the second quarter of 2022 from 24% in the second quarter of 2021. Selling and distribution costs also reflect significantly increased fuel surcharges on customer shipments due to higher fuel prices. In addition, as expected, we increased our marketing investments as a percentage of net sales year-over-year in the second quarter with the return of REVOLVE Festival, our largest brand marketing event, after a two-year hiatus. Lastly, within our general and administrative expenses we have established an accrual for a pending legal matter.
- Our effective tax rate for the prior-year comparable period in the second quarter of 2021 was an unusually low 3%, primarily due to excess tax benefits realized as a result of the exercise of non-qualified stock options. Absent such discrete tax items in future quarters, we expect our effective tax rate to be around 25%.
- Net income was $16.3 million, a year-over-year decrease of 48%, a comparison that was impacted by the meaningful differences in our effective tax rate and the growth in operating expenses referenced above.
- Adjusted EBITDA was $26.9 million, a year-over-year decrease of 24%.
- Diluted earnings per share (EPS) was $0.22, a year-over-year decrease of 48%.
Additional Net Sales Commentary
- REVOLVE segment net sales were $244.7 million, an increase of 30% year-over-year.
- FWRD segment net sales were $45.3 million, an increase of 14% year-over-year. FWRD faced a much more difficult growth comparison against the prior-year comparable period as FWRD net sales had increased 151% year-over-year in the second quarter of 2021.
- Domestic net sales increased 30% year-over-year and international net sales increased 14% year-over-year. Our international results reflect foreign currency headwinds resulting from the stronger U.S. dollar and temporary headwinds in China due to COVID-19 preventative measures.
Cash Flow and Balance Sheet
- Net cash (used in) provided by operating activities was $(29.4) million for the second quarter and $24.4 million for the six-month year-to-date period, and free cash flow was $(30.8) million for the second quarter and $21.9 million for the six-month year-to-date period.
- Cash and cash equivalents as of June 30, 2022 were $237.9 million, an increase of $18.3 million, or 8%, from June 30, 2021, and a decrease of $32.8 million, or 12%, from March 31, 2022. Our balance sheet as of June 30, 2022 remains debt free.
- Inventory as of June 30, 2022 was $208.5 million, an increase of $29.3 million, or 16%, from March 31, 2022, and an increase of $89.7 million year-over-year, or 75%, from the inventory balance of $118.8 million as of June 30, 2021.
Additional trend information regarding Revolve Group's second quarter of 2022 financial results and operating metrics is available in the Q2 2022 Financial Highlights presentation available on the company's investor relations website: https://investors.revolve.com/events-and-presentations/default.aspx
Results Since the End of the Second Quarter of 2022
Net sales in July 2022 increased approximately 10% year-over-year amidst an increasingly uncertain macroenvironment with inflation at a 40-year high and U.S. consumer sentiment reaching a record low in the second quarter and against a more elevated prior-year comparison than we faced in the first half of 2022. We believe our recent results illustrate our continued market share gains, reinforcing our competitive advantages and that our brands are resonating with next-generation consumers.
Conference Call Information
Revolve Group management will host a call today at 4:30 pm ET / 1:30 pm PT to discuss today's results in more detail. To participate, please dial (888) 330-2454 within the United States or (240) 789-2714 outside the United States approximately 10 minutes before the scheduled start of the call. The conference ID for the call is 3102771. The conference call will also be accessible, live via audio broadcast, on the Investor Relations section of the Revolve Group website at investors.revolve.com. A replay of the conference call will be available online at investors.revolve.com. In addition, an audio replay of the call will be available for one week following the call and can be accessed by dialing (800) 770-2030 within the United States or (647) 362-9199 outside the United States. The replay conference ID is 3102771.
Forward-Looking Statements
This press release contains ''forward-looking statements'' within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding our expected future effective tax rate. Forward-looking statements include statements containing words such as "expect," "anticipate," "believe," "project," "will" and similar expressions intended to identify forward-looking statements. These forward-looking statements are based on our current expectations. Forward-looking statements involve risks and uncertainties. Our actual results and the timing of events could differ materially from those anticipated in such forward-looking statements as a result of these risks and uncertainties, which include, without limitation, risks related to economic conditions and their impact on consumer demand and our business, operating results and financial condition; the continued impact of the COVID-19 pandemic on our business, operations and financial results; demand for our products; supply chain challenges; inflation; Russia's war against Ukraine; our fluctuating operating results; seasonality in our business; our ability to acquire products on reasonable terms; our e-commerce business model; our ability to attract customers in a cost effective manner; the strength of our brand; competition; fraud; system interruptions; our ability to fulfill orders; and other risks and uncertainties included under the caption "Risk Factors" and elsewhere in our filings with the Securities and Exchange Commission, or SEC, including, without limitation, our Annual Report on Form 10-K for the year ended December 31, 2021 and our subsequent Quarterly Reports on Form 10-Q, including for the quarter ended June 30, 2022, which we expect to file with the SEC on August 3, 2022. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and we undertake no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.
Use of Non-GAAP Financial Measures and Other Operating Metrics
To supplement our condensed consolidated financial statements, which are prepared and presented in accordance with Generally Accepted Accounting Principles in the United States of America (GAAP), we reference in this press release and the accompanying tables the following non-GAAP financial measures: Adjusted EBITDA and free cash flow.
The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for, or superior to, the financial information prepared and presented in accordance with GAAP, and our non-GAAP measures may be different from non-GAAP measures used by other companies.
We use these non-GAAP financial measures to evaluate our operating performance, generate future operating plans and make strategic decisions regarding the allocation of capital. Our management believes that these non-GAAP financial measures provide meaningful supplemental information regarding our performance and liquidity by excluding certain expenses that may not be indicative of our ongoing core operating performance. We believe that both management and investors benefit from referring to these non-GAAP financial measures in assessing our performance and when analyzing historical performance and liquidity and when planning, forecasting, and analyzing future periods.
For a reconciliation of these non-GAAP financial measures to GAAP measures, please see the tables captioned "Reconciliation of Non-GAAP Financial Measures" included at the end of this release.
Definitions of our non-GAAP financial measures and other operating metrics are presented below.
Adjusted EBITDA
Adjusted EBITDA is a non-GAAP financial measure that we calculate as net income before other (income) expense, net; taxes; and depreciation and amortization; adjusted to exclude the effects of equity-based compensation expense and certain non-routine items. Adjusted EBITDA is a key measure used by management to evaluate our operating performance, generate future operating plans and make strategic decisions regarding the allocation of capital. In particular, the exclusion of certain expenses in calculating Adjusted EBITDA facilitates operating performance comparisons on a period-to-period basis and, in the case of exclusion of the impact of equity-based compensation, excludes an item that we do not consider to be indicative of our core operating performance.
Free Cash Flow
Free cash flow is a non-GAAP financial measure that we calculate as net cash provided by operating activities less cash used in purchases of property and equipment. We view free cash flow as an important indicator of our liquidity because it measures the amount of cash we generate. Free cash flow also reflects changes in working capital.
Active Customers
We define an active customer as a unique customer account from which a purchase was made across our platform at least once in the preceding 12-month period. In any particular period, we determine our number of active customers by counting the total number of customers who have made at least one purchase in the preceding 12-month period, measured from the last date of such period. We view the number of active customers as a key indicator of our growth, the reach of our sites, the value proposition and consumer awareness of our brand, the continued use of our sites by our customers and their desire to purchase our products.
Total Orders Placed
We define total orders placed as the total number of orders placed by our customers, prior to product returns, across our platform in any given period. We view total orders placed as a key indicator of the velocity of our business and an indication of the desirability of our products and sites to our customers. Total orders placed, together with average order value, is an indicator of the net sales we expect to recognize in a given period.
Average Order Value
We define average order value as the sum of the total gross sales from our sites in a given period, prior to product returns, divided by the total orders placed in that period. We believe our high average order value demonstrates the premium nature of our product. Average order value varies depending on the site through which we sell merchandise, the mix of product categories sold, the number of units in each order, the percentage of sales at full price, and for sales at less than full price, the level of markdowns.
About Revolve Group, Inc.
Revolve Group, Inc. (RVLV) is the next-generation fashion retailer for Millennial and Generation Z consumers. As a trusted premium lifestyle brand and a go-to online source for discovery and inspiration, we deliver an engaging customer experience from a vast, yet curated, offering of apparel, footwear, accessories, home and beauty products. Our dynamic platform connects a deeply engaged community of millions of consumers, thousands of global fashion influencers, and more than 1,000 emerging, established and owned brands.
We were founded in 2003 by our co-CEOs, Michael Mente and Mike Karanikolas. We sell merchandise through two complementary segments, REVOLVE and FWRD, that leverage one platform. Through REVOLVE, we offer an assortment of premium apparel, footwear, accessories and beauty products from emerging, established and owned brands. Through FWRD, we offer an assortment of curated and elevated iconic and emerging luxury brands. For more information, visit www.revolve.com.
Contacts:
Investors:
Erik Randerson, CFA
562.677.9513
IR@revolve.com
Media:
Meghan Murray-Merriman
meghan.murraymerriman@revolve.com
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SOURCE Revolve Group, Inc.
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https://www.mysuncoast.com/prnewswire/2022/08/03/revolve-group-announces-second-quarter-2022-financial-results/
| 2022-08-03T20:54:57Z
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Metro area victim’s rights organizations warn of potential consequences with Amendment 2
KANSAS CITY, Mo. (KCTV) - Seven local nonprofit victim services leaders openly oppose Amendment 2 saying they know firsthand the struggles survivors face.
A “yes” vote would remove constitutional protections and allow lawmakers to restrict and possibly ban abortion.
The joint editorial says the amendment risks the health of survivors of rape, incest and domestic violence.
MOCSA, Rose Brooks, Safehome, Newhouse, Hope House, Friends of Yates, and Synergy Services all contributed to the editorial.
“Perpetrators of rape take away a victim’s right to bodily autonomy,” it reads, in part. “Victims are forced to make difficult decisions, decisions they never thought they would have to make. These decisions must remain in their hands because only they know what is right for them.”
ALSO READ: Following the money: Millions spent on Kansas abortion amendment from across the country
A previous KCTV5 report revealed 16.1 percent of survivors experience what is known as RRP (Rape Related Pregnancy), according to the American Journal of Preventative Medicine where survivors were directly interviewed.
The National Library of Medicine reports only 21 percent of rape survivors seek immediate medical care due to things like trauma and shock.
KCTV5 has reached out to the Value them Both organization for a response.
Previously, the Susan B Anthony Organization has stated it advocates for the ambitious protections but said any potential legislation would need to reflect the will of the people.
Here’s what Kansas voters will see when they head to the polls:
Explanatory statement. The Value Them Both Amendment would affirm there is no Kansas constitutional right to abortion or to require the government funding of abortion, and would reserve to the people of Kansas, through their elected state legislators, the right to pass laws to regulate abortion, including, but not limited to, in circumstances of pregnancy resulting from rape or incest, or when necessary to save the life of the mother.
“A vote for the Value Them Both Amendment would reserve to the people of Kansas, through their elected state legislators, the right to pass laws to regulate abortion because there is no Kansas constitutional right to abortion or to require the government funding of abortion.
“A vote against the Value Them Both Amendment would make no changes to the constitution of the state of Kansas and could prevent the people, through their elected state legislators, from regulating abortion in many circumstances. It would leave in place the newly discovered right to abortion first recognized in 2019.”
ALSO READ: First public poll on Kansas Amendment 2 shows narrow lead for ‘Yes’ voting
Copyright 2022 KCTV. All rights reserved.
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https://www.wibw.com/2022/07/27/metro-area-victims-rights-organizations-warn-potential-consequences-with-amendment-2/
| 2022-07-28T12:33:21Z
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Which Clinique foundations are best?
A good foundation won’t just even out and enhance your skin, but it will also help improve it in the long run. Clinique is one of the most popular prestige beauty brands known for its safe ingredients and clinical approach to beauty. They offer a range of foundations specially formulated for your skin type and skin concerns.
For instance, Clinique’s Even Better Makeup Broad Spectrum SPF 15 is a liquid foundation developed by dermatologists that instantly perfects the skin with natural-looking coverage and works to reduce the appearance of age spots within four to six weeks. Its mineral formula is kind to your skin and conceals flaws without causing breakouts.
What to know before you buy a Clinique foundation
Foundation type
When shopping for foundation, it’s best to choose a formula based on your skin’s unique needs and the coverage level you want. Clinique offers three kinds of foundation formulations.
Liquid foundations are incredibly versatile and allow for a customized level of coverage. While they are ideal for mature, dry and normal skin, they tend to work well for most skin types.
Powder foundations are easy to apply and offer a more sheer coverage than their liquid counterparts. If you have sensitive, combination, oily or acne-prone skin, powder foundations are an excellent choice.
Tinted moisturizers are lightweight and provide soft coverage while hydrating the skin and leaving a radiant glow. They’re great for dry, sensitive and normal skin.
Finish
Clinique foundations come in several finishes. You can opt for a finish based on your skin type.
Matte foundations give you a smooth and shine-free finish. They are more long-lasting and are great for anyone with oily or combination skin.
Dewy foundations use humectants and natural oils to reflect light and create a healthy glow. They also keep the skin looking fresh and youthful. Try a dewy formula if you have dry or mature skin.
Satin foundations sit right in between matte and dewy. They give you a flawless base that looks more natural and works well for all skin types.
What to look for in a quality Clinique foundation
Shade range
Finding the perfect foundation shade to match your skin is no easy task. You want one that essentially disappears into your skin. Most Clinique foundations are available in at least 12 shades, but some formulas have as many as 50 shades. Clinique’s online shade finder has made it easy to find the right shade of foundation for your skin tone.
Soothing ingredients
Clinique’s foundations are free of harsh ingredients, fragrances and other irritants. Most formulas contain skin-loving ingredients like hyaluronic acid, grapefruit peel extract, birch bark extract, vitamin C, vitamin E and salicylic acid.
Oil-free
If you have sensitive, oily or acne-prone skin, an oil-free foundation can benefit you. Clinique has oil-free formulas that minimize shine, won’t clog pores and stay put all day. Some even help soothe redness, treat existing acne and prevent future breakouts.
SPF
Most Clinique foundations have built-in SPF to protect your skin from sun damage. Some formulas come with broad-spectrum SPF 15 or SPF 30, giving you an extra layer of defense against UV rays.
Wear time
Clinique’s foundations offer long-lasting wear for up to 8-12 hours. Some oil-free formulas can even stay put for almost 24 hours.
How much you can expect to spend on a Clinique foundation
Clinique foundations cost $31-$42. They vary in price based on their formulations, ingredients, sizes and coverage levels.
Clinique foundation FAQ
How can I make my Clinique foundation last longer?
A. The best way to make your foundation last longer is to always prep and prime your skin before going in with a foundation. A good face primer is key to ensuring that your makeup looks flawless and lasts throughout the day.
Is Clinique cruelty-free?
A. No, Clinique is not a cruelty-free brand. It sells its products in markets where animal testing is required by law.
What’s the best Clinique foundation to buy?
Top Clinique foundation
Clinique Even Better Makeup Broad Spectrum SPF 15
What you need to know: This bestselling foundation offers sheer to medium coverage and blends into the skin with ease.
What you’ll love: It contains vitamin C to help brighten the skin and visibly reduce the appearance of dark spots. A little goes a long way. It never feels heavy on the skin. It stays true to color and does not oxidize on the skin. It’s sweat and humidity-resistant and works well for all skin types.
What you should consider: Some users found that its semi-matte finish may tend to look a bit flat.
Where to buy: Sold by Ulta, Sephora and Macy’s
Top Clinique foundation for the money
What you need to know: This is an oil-free foundation that delivers moisture and absorbs oil where needed to give your skin a naturally flawless look.
What you’ll love: It’s easy to apply and blends well. It feels extremely light on the skin and is long-wearing. It has buildable coverage from light to medium and never feels cakey. It’s ideal for combination skin.
What you should consider: The bottle has no pump dispenser.
Where to buy: Sold by Ulta, Sephora and Macy’s
Worth checking out
Clinique Acne Solutions Liquid Makeup
What you need to know: Designed specifically for acne-prone skin, this liquid foundation helps cover and treat acne.
What you’ll love: It contains salicylic acid to control excess oil and reduce clogged pores for a clearer complexion. It applies smoothly and blends easily. Its color-correcting formula aims to even out uneven skin tone and neutralize redness. It has an airy texture that feels natural and fresh.
What you should consider: This formula comes in a limited range of shades.
Where to buy: Sold by Ulta, Sephora and Macy’s
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Esha Saxena 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/beauty-personal-care-br/face-makeup-br/best-clinique-foundation/
| 2022-05-04T16:54:59Z
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DALLAS, May 5, 2022 /PRNewswire/ -- Permian Basin Royalty Trust (NYSE: PBT) (the "Trust") today announced that, at a special meeting of the Trust's unitholders held May 4, 2022, the unitholders of the Trust voted to approve the proposals set forth in the Trust's definitive proxy statement, including the appointment of Argent Trust Company as successor trustee to serve as trustee of the Trust once the resignation of Simmons Bank, the current Trustee of the Trust, takes effect and approval of related amendments to the Trust Indenture of the Trust. The effective date of the Trustee's resignation will depend on the satisfaction or waiver of the conditions set forth in the Trustee's notice of resignation and the Trust's definitive proxy statement, including approval by certain other trusts of which Simmons Bank acts as trustee (or a court) of (i) Argent's appointment as successor trustee and (ii) any amendments to the trust agreements and indentures of the other trusts (whether by unitholder approval or a court) necessary to permit Argent to serve as successor trustee.
Forward-looking Statements
Any statements in this press release about plans for the Trust, the expected timing of the completion (if any) of the proposed resignation of the Trustee or appointment of a successor trustee, and other statements containing the words "estimates," "believes," "anticipates," "plans," "expects," "will," "may," "intends" and similar expressions, other than historical facts, constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Factors or risks that could cause the Trust's actual results to differ materially from the results we anticipate include, but are not limited to the inability of the Trustee to resign or Argent Trust Company to assume duties as successor trustee due to the failure to obtain necessary unitholder or court approval or the failure to satisfy other conditions to the Trustee's resignation set forth in the Trustee's notice of resignation and the Trust's definitive proxy statement.
Actual results may differ materially from those indicated by such forward-looking statements. In addition, the forward-looking statements included in this press release represent the Trustee's views as of the date hereof. The Trustee anticipates that subsequent events and developments may cause its views to change. However, while the Trustee may elect to update these forward-looking statements at some point in the future, it specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Trustee's views as of any date subsequent to the date hereof.
Contact:
Ron Hooper - SVP, Royalty Trust Services
Simmons Bank
Toll Free (855) 588-7839
View original content:
SOURCE Permian Basin Royalty Trust
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https://www.kxii.com/prnewswire/2022/05/05/permian-basin-royalty-trust-announces-results-special-meeting/
| 2022-05-05T20:57:57Z
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Inpixon Experience Recognized for Innovation in the Global Real Estate Technology Industry for Helping Businesses Stay Productive, Agile, and Safe
PALO ALTO, Calif., Aug. 18, 2022 /PRNewswire/ -- Inpixon® (Nasdaq: INPX), the Indoor Intelligence® company, today announced Inpixon Experience has been named Coworking Platform of the Year by the 2022 PropTech Breakthrough Awards. The PropTech Breakthrough Awards honor excellence and recognize the creativity, hard work, and success of companies, technologies and products in the larger field of real estate technology.
"The workplace is forever changed, and the total impact on today's workspaces is yet to be seen. How, when, where, and why people show up to work is a driving factor," said Leon Papkoff, executive vice president of Enterprise Apps for Inpixon. "In Inpixon's State of Indoor Intelligence 2022 report, we found that 49% of enterprise organizations are looking to optimize how they use their spaces. As a result, real estate leaders are turning to Inpixon Experience to offer the connectivity, flexibility and safety their tenants need and want, to boost real-estate ROI and tenant engagement."
Inpixon Experience drives mobility in the workplace and leads with a connected device, Internet of Things (IoT) strategy to deliver immersive and contextual on-site experiences for tenants and visitors -- important components of the hybrid workplace of the future. Key benefits of Inpixon Experience for commercial and corporate real estate portfolios include:
- Occupancy dashboard: Allows management teams to see how office space is being used, leading to data-based decisions on best optimization of square footage.
- Employee communication and engagement: Stimulates collaboration and productivity through in-app news feeds, real-time notifications, event listing, polls and surveys.
- Automated desk, room, and service booking: Enables fully automated desk and room booking, facility service requests, and amenity reservations on-demand.
- Search and navigation: Offers each tenant a live, interactive in-app map of their office, so employees can easily locate their opt-in colleagues, spaces and the amenities available to them, and to navigate via step-by-step directions.
"COVID-19 launched the world into an accelerated digital transformation and a new era of the future of work -- and real estate is no exception," said Bryan Vaughn, Managing Director of PropTech Breakthrough Awards. "In today's working world, employee experience is paramount, and how businesses improve it can vastly impact the viability of the business. Inpixon Experience enables commercial and corporate real estate businesses to provide tenants and their employees the tools they need to thrive and remain connected with colleagues while boosting productivity in their preferred working environment. We congratulate Inpixon Experience on winning the PropTech Breakthrough Coworking Platform of the Year award and look forward to its continued success in the real estate industry."
Learn more and request a personalized Inpixon Experience demonstration at https://www.inpixon.com/solutions/enterprise-apps/workplace-experience.
About Inpixon
Inpixon® (Nasdaq: INPX) is the innovator of Indoor Intelligence®, delivering actionable insights for people, places and things. Combining the power of mapping, positioning and analytics, Inpixon helps to create smarter, safer, and more secure environments. The company's Indoor Intelligence and mobile app solutions are leveraged by a multitude of industries to optimize operations, increase productivity, and enhance safety. Inpixon customers can take advantage of industry leading location awareness, RTLS, workplace and hybrid event solutions, analytics, sensor fusion, IIoT and the IoT to create exceptional experiences and to do good with indoor data. For the latest insights, follow Inpixon on LinkedIn, Twitter, and visit inpixon.com.
Safe Harbor Statement
All statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of the control of Inpixon and its subsidiaries, which could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the fluctuation of economic conditions, the impact of COVID-19, global conflicts, inflation and other global events on Inpixon's results of operations and global supply chain constraints, Inpixon's ability to integrate the products and business from recent acquisitions into its existing business, the performance of management and employees, the regulatory landscape as it relates to privacy regulations and their applicability to Inpixon's technology, Inpixon's ability to maintain compliance with Nasdaq's minimum bid price requirement and other continued listing requirements, the ability to obtain financing if needed, competition, general economic conditions and other factors that are detailed in Inpixon's periodic and current reports available for review at sec.gov. Furthermore, Inpixon operates in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. Inpixon disclaims any intention to, and undertakes no obligation to, update or revise forward-looking statements.
Inpixon Contacts
General inquiries:
Inpixon
Email: marketing@inpixon.com
Web: inpixon.com/contact-us
Investor relations:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: INPX@crescendo-ir.com
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https://www.wibw.com/prnewswire/2022/08/18/inpixon-named-coworking-platform-year-by-2022-proptech-breakthrough-awards/
| 2022-08-18T14:08:16Z
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Through the national leader in preventive care, Danone North America employees will have access to key health services through EHE Health's suite of Pulse offerings
NEW YORK and BROOMFIELD, Colo., Aug. 30, 2022 /PRNewswire/ -- Today, EHE Health, a national healthcare provider, and Danone North America, the purpose-driven food and beverage leader with a diverse portfolio of dairy and plant-based brands, announced a new three-year relationship to facilitate prevention at scale and drive better health outcomes for Danone's U.S.-based workforce. As one of the world's largest Certified B Corporations®, Danone is guided by its responsibility to use its business as a force for good, which includes its efforts to prioritize employee wellbeing.
"We're proud to make this investment in one of Danone's most important resources, our people," said Silvio Amorosino, Chief Human Resources Officer at Danone North America. "Partnering with EHE Health will help increase engagement of these critical health services, especially amid the ongoing pandemic. We are committed to taking care of our employees and their families by creating pathways toward good health, and we look forward to rolling out these services this year."
The new offering complements Danone's existing efforts to advance employee wellbeing, which helps contribute to its best-in-class culture and engaged workforce. Through the partnership, Danone North America's more than 6,000 employees and their spouses/domestic partners who have chosen Cigna as their health insurance carrier will have access to EHE's newly announced Pulse by EHE Health mobile application. This holistic preventive suite of Pulse products includes Pulse Physical™, Pulse Virtual™ and Pulse Digital™. Offerings include comprehensive and personalized in-person exams through Pulse Physical, on-the-go customizable health resources through Pulse Digital and remote experiences through Pulse Virtual. Members will also have access to resources such as one-on-one health mentorship with prevention health experts.
With EHE Health's evidence-based platform solution, Pulse Digital™, employees will be able to integrate multiple dimensions of health, including medications, labs, diet, activity, symptoms and psychosocial factors, with the insights and data visualizations necessary to empower individuals and strengthen care team connections. Powered by advanced AI, the platform seamlessly integrates with popular wellness trackers and provides real-time coaching.
"We're excited to partner with Danone to provide our premium preventive health services," said Dr. David Levy, MD and Chief Executive Officer of EHE Health. "Danone and EHE have a shared philosophy centered around health, transparency and accountability, which aligns with our mission to keep employees happy and healthy. We look forward to working together to help improve overall engagement and utilization to drive better health outcomes among their people."
"Empowering people to take charge of their health with a consistent focus on prevention is core to what we do every day at EHE Health," said Joy Altimare, Chief Revenue Officer. "We're proud to begin this new journey with Danone to help their employees and business continue to thrive."
For more information, visit www.ehe.health or www.danonenorthamerica.com.
EHE Health is a national healthcare provider network and center of excellence in preventive health and primary care, that partners with mid- and large-sized employers to give their employees and beneficiaries an entry point to organized healthcare, beginning with prevention. Named by Fortune Magazine and Great Place to Work® as one of the Best Workplaces in 2021, EHE Health is headquartered in New York City and operates and/or contracts with 200 health clinics across the U.S., staffed by a network of curated primary care physicians and clinicians. For 109 years, EHE Health has been an innovator and leader in helping people live longer, healthier lives with personalized preventive care. For more information, visit us at www.ehe.health.
Danone North America is a purpose-driven company and an industry leader in the food and beverage category. As a Certified B Corporation®, Danone North America is committed to the creation of both economic and social value, while nurturing natural ecosystems through sustainable agriculture. Our portfolio of brands includes: Activia®, DanActive®, Danimals®, Dannon®, evian®, Happy Family® Organics, Honest to Goodness®, Horizon® Organic, International Delight®, Light + Fit®, Oikos®, Silk®, So Delicious® Dairy Free, STōK™, Two Good®, Wallaby® Organic and YoCrunch®. With more than 6,000 employees and 16 production locations across the U.S. and Canada, Danone North America's mission is to bring health through food to as many people as possible. For more information, visit www.danonenorthamerica.com/. For more information on Danone North America's B Corp™ status, visit: https://bcorporation.net/directory/danone-north-america.
Media Contact: Erin Pallotta, Current Global | epallotta@currentglobal.com | 608-279-2947
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https://www.wibw.com/prnewswire/2022/08/30/ehe-health-partners-with-danone-north-america-underscoring-danones-ongoing-commitment-employee-health-wellbeing/
| 2022-08-30T11:18:24Z
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SUZHOU, China, April 24, 2022 /PRNewswire/ -- Suzhou Porton Advanced Solutions Ltd. ('Porton Advanced') and Guizhou Sinorda Biomedicine Co. Ltd ('Sinorda Biomedicine') today announced a long-term strategic partnership in cell and gene therapy R&D and platform development.
Porton Advanced offers an end-to-end gene and cell therapy CDMO service platform covering plasmids, cell therapy, gene therapy, oncolytic virus, mRNA therapy and Bacterial Therapy. With broad experience in domestic and international new drug filing, Sinorda Biomedicine focuses on the R&D of innovative drugs for digestive tract diseases, tumor immunotherapy and oncolytic virus therapy, and has several new drug projects in clinical stage. Its subsidiary, Jiangsu Tairui Sinorda Biomedicine Pharmaceutical Technology Co. Ltd., provides pre-clinical and clinical research services for tumor immune pharmacology and efficacy.
Under the agreement, Porton Advanced will provide services to accelerate the development, production and registration of breakthrough cell therapies currently being developed by Sinorda Biomedicine, including its T-cell immunotherapy product for colorectal cancer, SND002 (Sentinel lymph node T cell) and other pipelines. Porton Advanced will also work with Sinorda Biomedicine to support its cell and gene therapeutic R&D and production.
SND002 (SLN-T) , the first collaborated project, received approval for the initiation of Phase II clinical trials in Europe. Previously, the product was also awarded for 'the Breakthrough New Drugs' by the Chinese National Science and Technology Major Project. The launch of this critical first project allows the integration of resources and capabilities from both Porton Advanced and Sinorda and promises greater synergy to accelerate the clinical development and approval of Sinorda's SLN-T program.
Dr. Yangzhou Wang, CEO of Proton Advanced, said, "Sinorda Biomedicine has a proven track record in drug development in China, US and Europe. The company possesses great expertise in immunology and oncolytic viruses, as well as cutting-edge immune functional assays, technologies, and capabilities. I am excited to see how our end-to-end cell and gene therapy CDMO platforms and quality systems can complement these capabilities and enhance Sinorda's pipeline. Supporting Sinorda's development, production and regulatory filing and accelerating its cell therapy drugs to market is a great cause and a great opportunity. We look forward to the opportunity to help Sinorda establish advanced therapies that benefit patients globally."
Dr. Pingsheng Hu, founder of Sinorda Biomedicine, said, "The entering of the strategic collaboration between Sinorda and Porton Advanced is a significant milestone to speed up the clinical development of our novel immunotherapies for solid tumors. Sinorda has long-term experiences in clinical application of immunotherapy in solid tumors. In addition, Sinorda has rich resources in clinical research, in clinical bio-bank for real world data study with cutting edge technologies for evaluation of immunotherapy. Porton Advanced brings an integrated CDMO platform, innovative technologies and an international team, with experiences from R&D stage to market approval and commercial production. Those capabilities from both sides will bring great opportunities in future development, that will contribute to value creation in the long term for both companies."
About Porton Advanced
Porton Advanced Solutions (Porton Advanced) is a Cell & Gene therapies (CGT) CDMO company, providing end-to-end process development (PD), analytical development (AD), GMP manufacturing and testing services to meet clients' needs for their therapeutic products at the pre-clinical, clinical, and commercial stage. Our dedicated process development and analytical development teams have established not only robust platforms-based USP/DSP and GMP manufacturing capability and capacity, but also, proprietary technologies to further empower our clients' successes. Our services include gene & cell engineering discovery research and technology licensing, process development and analytical development, testing, drug substances (DS) and drug products (DP), cGMP manufacturing across plasmids, cell therapy, gene therapy, virotherapy and mRNA-based therapeutic platforms.
About Sinorda Biomedicine
Guizhou Sinorda Biomedicine Co., Ltd. focuses on the development of innovative drugs and industrialization of tumor immunotherapy. As a pioneer in tumor immunotherapy with the ability to develop bio-innovative drugs, Sinorda boasts an experienced technical and management team, and rich experience in innovative drug development and international cooperation between China, the United States and Europe. The company owns a number of innovative drug product pipelines in the clinical stage, and has established extensive cooperation with domestic and foreign well-known pharmaceutical companies, R&D institutions, CROs, CMOs and government departments, building a new drug development system with shared resources, overlapping advantages and high competitiveness. The company will develop innovative drugs at low cost and high speed, and become an innovative drug company with the highest growth value in the industry.
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https://www.mysuncoast.com/prnewswire/2022/04/25/porton-advanced-sinorda-biomedicine-enter-strategic-collaboration-accelerate-cell-therapy-development-solid-tumors/
| 2022-04-25T05:44:04Z
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WILLIAMSPORT, Pa. (AP) — A 12-year-old Little League World Series player from Utah was in critical condition Tuesday with what his family said was a head injury suffered when he fell off the top bunk of his bed at the dormitory complex.
Easton Oliverson is a pitcher and outfielder for the Snow Canyon team out of Santa Clara, Utah. The Little League World Series is set to begin Wednesday in Williamsport. His dad, Jace Oliverson, is an assistant coach on the team.
“I’ve always been a firm believer of prayer and the power that comes with it, and I feel like if people continue to rally around us that he will make a full recovery,” Oliverson told KSL-TV. “Right now it’s slow. They keep telling me it’s a cross-country race.”
Oliverson gave an update on his son’s condition through Facebook and said doctors told him his son had punctured an artery which caused bleeding on the brain and needed a piece of skull removed.
Oliverson and wife Nancy are with their son at the hospital.
The boy’s uncle has served as family spokesperson and told The Associated Press on Tuesday that Easton fell off the bed while he was sleeping and hit his head.
“We’re just at point now where he’s just in recovery,” Spencer Beck said in a phone interview. “The teammates heard him fall, thank goodness. When they got into surgery, the doctor talked to Jace and said had he not gotten into surgery but 30 minutes later, he would have been dead.”
Beck said Easton is still using a breathing tube.
Little League World Series officials released a statement Tuesday that said they spoke with the Oliverson family and “were pleased to hear that his medical team remains encouraged by his progress.”
The Santa Clara team was the first from Utah to make the Little League World Series. Snow Canyon is scheduled to play its first game Friday against the winner of teams from Massachusetts and Tennessee.
“As hard as it will be to not have Easton out there playing, they’re still from this community, this is still a historical moment for the state, for Little League and for our community,” Beck said. “We’re cheering them on and maybe they’ll have a little inspiration from Easton and they’ll go win it all. That would be awesome.”
The family has set up a Venmo account for the kid nicknamed “Tank” to help with bills and expenses.
“We want to make sure when Easton wakes up, he’s mentally there for us and can progress from there,” Beck said.
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More AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/utah-boy-injured-in-dorm-fall-at-little-league-world-series/
| 2022-08-17T16:15:36Z
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Wrench expands its position as the largest mobile service marketplace to eliminate the hassles of vehicle ownership.
SEATTLE, June 2, 2022 /PRNewswire/ -- Mobile vehicle services and technology marketplace Wrench has completed the acquisition of mobile vehicle repair network YourMechanic. The combined company will reach more than 35,000 zip codes and deliver services to more than 20,000 private and fleet vehicles per month. The terms of the acquisition are confidential.
"This is a significant milestone for Wrench as it adds more automotive experts to our marketplace and enables us to expand on our ability to deliver the flexibility and trustworthy service that today's vehicle owner expects," Wrench CEO Ed Petersen said. "By welcoming the YourMechanic ecosystem to Wrench, we are expanding what was already the largest mobile vehicle service network in existence. This network of highly skilled technicians gives our customers the comfort in knowing they can schedule the service they need, when and where they need it."
YourMechanic launched in 2012 and received venture backing from Andreessen Horowitz, Softbank and others. It has more than 350 technicians in 30 states delivering services to more than 290,000 customers.
YourMechanic strengthens the depth of services and service providers for the Wrench network. It adds 16 new unique markets and more than 10,000 zip codes to the area that Wrench can service as well as expands the ability of Wrench to provide more robust service capabilities to consumers and fleets across the country.
This acquisition comes at an opportune time with rising demand in the auto repair industry. The average age of vehicles in the US rose to 12.2 years and this is the fifth consecutive year that age has climbed. Older vehicles need more frequent maintenance and service, but that service can be difficult to find. The average cost per service has also risen more than 30% over the last four years. Wrench is in a great position to capitalize on this growth by having the ability to schedule services when and where they are needed, vehicle owners and fleet managers can stay in front of their service needs.
More than 75% of consumers don't trust repair shops. And 91.8% of vehicle owners have delayed a needed repair with more than half of them delaying service because they are too busy. Wrench solves both of those challenges. Wrench gives vehicle owners and fleet managers an instant and transparent price quote with the ability to schedule a technician on their schedule. The expanded capabilities that the YourMechanic platform brings means that Wrench's fleet and strategic business partners can ensure service is available as well.
"This acquisition also allows us to expand the support we give to our strategic partners such as Carvana, SilverRock, Geico, Tesla, and Firestone Complete Auto Care in even more areas allowing our partners to offer our hassle free in-home service to even more of their customers," Petersen said. "Wrench is at the forefront of the mobile vehicle service industry. But we are also at the forefront of the trust industry and we look forward to showing more vehicle owners what a quality mechanic experience feels like."
To get service today, please visit wrench.com.
About Wrench:
Wrench is the largest automotive services marketplace in the US with a mission to take the hassle out of all stages of vehicle ownership. From pre-purchase used car inspections to comprehensive maintenance and repair performed at the owner's location, Wrench's technology platform provides customers with upfront pricing, ASE-certified technician matching, and flexible scheduling.
Wrench is privately held and headquartered in Seattle, WA, with investments from Madrona Venture Group, Tenaya Capital, Vulcan Capital, Bridgestone Americas, and Marubeni Corporation. Learn more at www.wrench.com and www.lemonsquad.com.
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https://www.kxii.com/prnewswire/2022/06/02/wrench-acquires-mobile-vehicle-repair-network-yourmechanic/
| 2022-06-02T13:03:33Z
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PALO ALTO, Calif., June 3, 2022 /PRNewswire/ -- Eiger BioPharmaceuticals, Inc. (Nasdaq: EIGR), a commercial-stage biopharmaceutical company focused on the development of innovative therapies to treat and cure hepatitis delta virus (HDV) and other serious diseases, today announced that David Cory, President and CEO, will present a company overview at the Jefferies Global Healthcare Conference on Wednesday, June 8, 2022 at 9:00 AM ET in New York City. The Company will also host one-on-one meetings with investors at the conference.
A live webcast of the presentation will be available on the Investors section of the Eiger BioPharmaceuticals website at www.eigerbio.com. A replay of the presentation will be available on the website for at least 90 days.
Eiger is a commercial-stage biopharmaceutical company focused on the development of innovative therapies to treat and cure hepatitis delta virus (HDV) and other serious diseases. The Eiger HDV platform includes two first-in-class therapies in Phase 3 that target critical host processes involved in viral replication. Eiger is also developing peginterferon lambda as a therapeutic for COVID-19 and reported positive results from TOGETHER, a Phase 3 investigator-initiated study.
All five Eiger rare disease programs have been granted FDA Breakthrough Therapy designation: lonafarnib and peginterferon lambda for HDV, Zokinvy for progeria, and avexitide for both congenital hyperinsulinism and post-bariatric hypoglycemia.
For additional information about Eiger and its clinical programs, please visit www.eigerbio.com.
Contacts
Investors:
Sylvia Wheeler
Wheelhouse Life Science Advisors
swheeler@wheelhouselsa.com
Media:
Sarah Mathieson
SVP, Corporate Affairs
smathieson@eigerbio.com
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SOURCE Eiger BioPharmaceuticals, Inc.
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https://www.mysuncoast.com/prnewswire/2022/06/03/eiger-biopharmaceuticals-present-jefferies-global-healthcare-conference/
| 2022-06-03T13:07:32Z
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Taking place in Detroit, Michigan and virtually, CNCF's flagship North American event will highlight cloud native innovation across the globe
SAN FRANCISCO, Aug. 3, 2022 /PRNewswire/ -- The Cloud Native Computing Foundation® (CNCF®), which builds sustainable ecosystems for cloud native software, announced the schedule for KubeCon + CloudNativeCon North America 2022, happening in Detroit, Michigan and virtually from October 24 – 28. With 189 sessions, keynotes, and lightning talks both in-person and virtually, there is something for everyone who is interested in attending.
This year's conference chairs, Emily Fox of Apple, Ricardo Rocha of CERN, and Frederick Kautz led a program committee of 93 experts and 34 track chairs, who reviewed 1526 submissions that will educate, inspire, and challenge attendees. There will also be 84 sessions hosted by project maintainers – which will provide high-level overviews, social topics, end user case studies, demos, and technical deep dives, among others.
"Our community has grown exponentially since we first announced CNCF in 2015 with 22 founding members. We are now significantly more diverse at over 800 members, 130+ projects, and 164,000 contributors across 187 countries," said Chris Aniszczyk, CTO of CNCF. "The ecosystem itself that has been built around cloud native technology is revolutionary and these conferences are integral in making sure the massive knowledge the community holds is shared far and wide. We look forward to meeting up again to share, laugh, and innovate this October at KubeCon + CloudNativeCon NA."
"I have been a part of the CNCF community for several years in many different capacities and it has been inspiring to witness the continued growth and momentum within the cloud native ecosystem," said Ricardo Rocha, KubeCon + CloudNativeCon program chair and computing engineer at CERN. "Getting to review the significant number of insightful, diverse, and brilliant speaking submissions is a great honor that I am so glad to have been a part of. Attendees, like every event, should be prepared to hear from a broad range of inspiring people to learn about and celebrate cloud native technology."
The community-curated schedule will feature sessions from leading open source technologists, including:
- Lessons From Scheduling 20 Million Windows Containers a Month - Julian Portillo, Relativity
- Sustainability Research the Cloud Native Way - Chen Wang, IBM & Huamin Chen, Red Hat
- Arsenal Of Democracy: What Open Source Can Learn From the Motor City - Shane Lawrence, Shopify
- No One Is Saving Us But Us - Tabitha Sable, Datadog & Paris Pittman, Apple
- Unsung Hero Of the Cloud Native Revolution: Container Linux Then And Now - Vincent Batts, Microsoft Azure
- Lessons From Scheduling 20 Million Windows Containers a Month - Julian Portillo, Relativity
- Using the EBPF Superpowers To Generate Kubernetes Security Policies - Mauricio Vásquez Bernal & Alban Crequy, Microsoft
- Bare-Metal Chronicles: Intertwinement Of Tinkerbell, Cluster API And GitOps - Katie Gamanji, Apple
- It's Dangerous To SLSA Alone Out There! Take This Artifact Knowledge Graph! - Santiago Torres Arias, Purdue University & Michael Lieberman, Independent
CNCF and other organizations are also hosting the following co-located events as part of KubeCon + CloudNativeCon, occurring on Monday, October 24, or Tuesday, October 25 – if interested, these events can be added when registering for KubeCon + CloudNativeCon:
- BackstageCon North America hosted by CNCF
- Cloud Foundry Day hosed by Cloud Foundry Foundation
- Cloud Native eBPF Day North America hosted by CNCF
- Cloud Native SecurityCon North America hosted by CNCF
- Cloud Native Telco Day North America hosted by CNCF
- Cloud Native Wasm Day North America hosted by CNCF
- EnvoyCon North America hosted by CNCF
- GitOpsCon North America hosted by CNCF
- KnativeCon North America hosted by CNCF
- Kubernetes Batch + HPC Day North America hosted by CNCF
- Kubernetes AI Day North America hosted by CNCF
- Kubernetes on Edge Day North America hosted by CNCF
- Open Observability Day North America hosted by CNCF
- PrometheusDay North America hosted by CNCF
- ServiceMeshCon North America hosted by CNCF
- SigStoreCon North America hosted by CNCF
- Spinnaker Summit hosted by Continuous Delivery Foundation
Diversity, Need-Based, and Student Scholarship applications for both KubeCon + CloudNativeCon North America and CNCF-hosted co-located events are due August 14 at 11:59 PM PDT for in-person conference scholarships and October 2 at 11:59 PM PDT for virtual conference scholarships.
For the full KubeCon + CloudNativeCon North America 2022 program, please visit the schedule.
Registration
Register for standard in-person pricing through August 10. The all-access virtual attendee pass is available for $75 as well as the complimentary Keynote + Solutions Showcase Only pass.
Thank You to Our Sponsors
KubeCon + CloudNativeCon is made possible with support from our Diamond Sponsors: AWS, Cisco Emerging Technologies and Incubation, Intel, Kasten by Veeam, Prisma Cloud by Palo Alto Networks, VMware; Platinum Sponsors: Aqua Security, Canonical, CircleCI, Cockroach Labs, Datadog, DataStax, Dell Technologies, Dynatrace, NGINX Part of F5, GitLab, Google Cloud, IBM, JFrog, Keysight Technologies, Lightstep, Microsoft Azure, Oracle, Portworx by Pure Storage, Rancher by SUSE, Red Hat, Replicated, Snyk, Splunk, Sysdig, Teleport, Trilio, Wiz, and WSO2; and many more Gold, Silver, Start-Up, and End User Sponsors.
Additional Resources
- CNCF Newsletter
- CNCF Twitter
- CNCF Website
- Learn About CNCF Membership
- Learn About the CNCF End User Community
About Cloud Native Computing Foundation
Cloud native computing empowers organizations to build and run scalable applications with an open source software stack in public, private, and hybrid clouds. The Cloud Native Computing Foundation (CNCF) hosts critical components of the global technology infrastructure, including Kubernetes, Prometheus, and Envoy. CNCF brings together the industry's top developers, end users, and vendors, and runs the largest open source developer conferences in the world. Supported by more than 800 members, including the world's largest cloud computing and software companies, as well as hundreds of innovative startups, CNCF is part of the nonprofit Linux Foundation. For more information, please visit www.cncf.io.
The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see our trademark usage page. Linux is a registered trademark of Linus Torvalds.
Media Contact
Jessie Adams-Shore
The Linux Foundation
PR@CNCF.io
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https://www.kxii.com/prnewswire/2022/08/03/schedule-kubecon-cloudnativecon-north-america-2022-is-live/
| 2022-08-03T16:53:06Z
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MORGAN COUNTY, Colo., Sept. 2, 2022 /PRNewswire/ -- Westervelt Ecological Services (WES) has received federal approval to improve water quality as well as plant and animal habitat by restoring wetlands on 109 acres in Morgan County, near the banks of the South Platte River just outside the City of Fort Morgan. The project, known as the Front Range Mitigation Bank (FRMB), has been approved by the U.S. Army Corps of Engineers to provide wetland credits in the Middle-South Platte-Sterling (10190012), Pawnee (10190014), Middle-South Platte-Cherry Creek (10190012), Sidney Draw (10190017), Crow (10190009), Upper Lodgepole (10190016), and Bijou (10190011) watersheds for unavoidable impacts to waters of the United States which result from activities authorized under section 404 of the Clean Water Act. The first issue of credits is available now.
FRMB is a multi-benefit project that will restore the environmental functions of wetland flood control, sediment control, groundwater recharge, and water quality. Additional improvements to wildlife habitat will provide enhanced bird viewing opportunities and improved aesthetics in the area. "We are very excited about the wildlife and wetland conservation this Bank site will provide—the restored wetland systems and warm water slough that traverses the site is vital to diverse wildlife in the area." says WES Rocky Mountain Region Director, Tyler Bell.
Environmental regulatory agencies including the U.S. Army Corps of Engineers, U.S. Environmental Protection Agency, U.S. Fish and Wildlife Service, and Federal Highway Administration must approve a mitigation bank in the State of Colorado before credits can be sold. Mitigation banks provide enhanced environmental benefits over smaller, piece-meal mitigation and retain inherent biological, financial and legal assurances to ensure ecological project success. Economic advantages recognized by public and private sector developers include economies of scale, reduced permitting time and costs, and severance of liability.
To learn more about the site and the credits available, contact Will Duggins at (816) 224-9497 or email wduggins@westervelt.com.
About Westervelt Ecological Services: Providing conservation on a landscape scale is the mission of Westervelt Ecological Services. A division of The Westervelt Company, a 137 year-old land stewardship company based in Tuscaloosa, Alabama, Westervelt Ecological Services offers mitigation banking solutions for developers and businesses who need to mitigate impacts to wetlands or species across the country. To learn more visit www.wesmitigation.com.
Contact: Tyler Bell (337) 591-6110 or
tbell@westervelt.com (Bank Manager)
Will Duggins (816) 224-9497 or
wduggins@westervelt.com (Credit Sales)
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SOURCE Westervelt Ecological Services
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https://www.kxii.com/prnewswire/2022/09/02/wetland-improvements-coming-south-platte-river/
| 2022-09-02T11:28:23Z
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SAN JOSE, Calif., March 31, 2022 /PRNewswire/ -- Broadcom Inc. (Nasdaq: AVGO) ("Broadcom") announced today that it has priced its previously announced offering (the "Offering") of $750,000,000 of 4.00% Senior Notes due 2029 and $1,200,000,000 of 4.15% Senior Notes due 2032 (together, the "New Notes"). The New Notes will be unsecured obligations of the Company and will rank pari passu with all other unsecured and unsubordinated indebtedness of the Company. The Offering is expected to settle on April 14, 2022, subject to customary closing conditions.
Broadcom intends to use the net proceeds from the sale of the New Notes to redeem in full its 4.700% Senior Notes due 2025 and 4.250% Senior Notes due 2026 (collectively, the "Redemption Notes"), including accrued and unpaid interest thereon, and to pay fees and expenses in connection therewith.
The New Notes are being sold in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons outside the United States under Regulation S under the Securities Act. The New Notes have not been registered under the Securities Act, and may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws.
This press release is neither an offer to sell nor a solicitation of an offer to buy the New Notes, nor shall there be any sale of the New Notes in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. This notice is being issued pursuant to and in accordance with Rule 135c under the Securities Act.
Nothing in this press release should be construed as an offer to purchase, notice of redemption or a solicitation of an offer to purchase any of the Redemption Notes. The redemption of the Redemption Notes is conditioned on the completion by the Company of one or more debt financing transactions and the receipt of the net proceeds therefrom in an amount, together with cash on hand, sufficient to pay the redemption price for the Redemption Notes.
About Broadcom Inc.
Broadcom Inc. (NASDAQ: AVGO) is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom's category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Our solutions include data center networking and storage, enterprise, mainframe and cyber security software focused on automation, monitoring and security, smartphone components, telecoms and factory automation.
Cautionary Note Regarding Forward-Looking Statements
This announcement contains forward-looking statements (including within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended, and Section 27A of the United States Securities Act of 1933, as amended) concerning Broadcom. These statements include, but are not limited to, statements that address our expected future business and financial performance, the offering and use of proceeds, and other statements identified by words such as "will," "expect," "believe," "anticipate," "estimate," "should," "intend," "plan," "potential," "predict," "project," "aim," and similar words, phrases or expressions. These forward-looking statements are based on current expectations and beliefs of the management of Broadcom, as well as assumptions made by, and information currently available to, such management, current market trends and market conditions and involve risks and uncertainties, many of which are outside the Company's and management's control, and which may cause actual results to differ materially from those contained in forward-looking statements. Accordingly, you should not place undue reliance on such statements.
Particular uncertainties that could materially affect future results include risks associated with: the COVID-19 pandemic, which has disrupted, and will likely continue to disrupt, normal business activity, and which may have an adverse effect on our results of operations; any loss of our significant customers and fluctuations in the timing and volume of significant customer demand; our dependence on contract manufacturing and outsourced supply chain; our dependency on a limited number of suppliers; government regulations and administrative proceedings, trade restrictions and trade tensions; global economic conditions and concerns; cyclicality in the semiconductor industry or in our target markets; global political and economic conditions; our significant indebtedness and the need to generate sufficient cash flows to service and repay such debt; the amount and frequency of our share repurchase program; dependence on and risks associated with distributors and resellers of our products; dependence on senior management and our ability to attract and retain qualified personnel; any acquisitions we may make, such as delays, challenges and expenses associated with receiving governmental and regulatory approvals and satisfying other closing conditions, and with integrating acquired businesses with our existing businesses and our ability to achieve the benefits, growth prospects and synergies expected by such acquisitions; involvement in legal proceedings; quarterly and annual fluctuations in operating results; our ability to accurately estimate customers' demand and adjust our manufacturing and supply chain accordingly; our competitive performance and ability to continue achieving design wins with our customers, as well as the timing of any design wins; prolonged disruptions of our or our contract manufacturers' manufacturing facilities, warehouses or other significant operations; our ability to improve our manufacturing efficiency and quality; our dependence on outsourced service providers for certain key business services and their ability to execute to our requirements; our ability to maintain or improve gross margin; our ability to protect our intellectual property and the unpredictability of any associated litigation expenses; compatibility of our software products with operating environments, platforms or third-party products; our ability to enter into satisfactory software license agreements; availability of third party software used in our products; use of open source code sources in our products; any expenses or reputational damage associated with resolving customer product warranty and indemnification claims; market acceptance of the end products into which our products are designed; our ability to sell to new types of customers and to keep pace with technological advances; our compliance with privacy and data security laws; our ability to protect against a breach of security systems; fluctuations in foreign exchange rates; our provision for income taxes and overall cash tax costs, legislation that may impact our overall cash tax costs and our ability to maintain tax concessions in certain jurisdictions; and other events and trends on a national, regional and global scale, including those of a political, economic, business, competitive and regulatory nature. Many of the foregoing risks and uncertainties are, and will be, exacerbated by the COVID-19 pandemic and any worsening of the global business and economic environment as a result.
Our filings with the Securities and Exchange Commission ("SEC"), which you may obtain for free at the SEC's website at http://www.sec.gov, discuss some of the important risk factors that may affect our business, results of operations and financial condition. Actual results may vary from the estimates provided. We undertake no intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this announcement, whether as a result of new information, future events or otherwise, except as required by law.
Contact:
Broadcom Inc.
Ji Yoo
Investor Relations
408-433-8000
investor.relations@broadcom.com
AVGO-Q
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https://www.mysuncoast.com/prnewswire/2022/04/01/broadcom-inc-announces-pricing-private-offering-senior-notes/
| 2022-04-01T02:10:32Z
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Putin warns Finland NATO membership would harm relations
By JARI TANNER
Associated Press
HELSINKI (AP) — Russian President Vladimir Putin warned his Finnish counterpart Saturday relations between the two neighbors could be “negatively affected” if Finland follows through with plans to apply for NATO membership.
The Kremlin’s press service said in a statement that Putin told Sauli Niinisto that Finland’s abandonment “of its traditional policy of military neutrality would be an error since there are no threats to Finland’s security.”
“Such a change in the country’s foreign policy could negatively affect Russian-Finnish relations, which had been built in the spirit of good neighborliness and partnership for many years, and were mutually beneficial,” the statement added.
The response came after Niinisto told Putin in a phone conversation that the militarily non-aligned Nordic country that has a complex history with its huge eastern neighbor “will decide to apply for NATO membership in the coming days”.
Niinisto’s office said in a statement that the Finnish head of state told Putin how starkly Finland’s security environment had changed after Moscow’s Feb. 24 invasion on Ukraine, and pointed to Russia’s demands on Finland refraining from seeking membership to the 30 member-state Western military alliance.
“The discussion (with Putin) was straightforward and unambiguous and was held without exaggeration. Avoiding tensions was considered important,” said Niinisto, Finland’s president since 2012 and one of a handful of Western leaders who has been in regular dialogue with Putin over the past decade.
Niinisto pointed out that he had already told Putin at their first meeting in 2012 that “each independent nation would maximize its own security.”
“That is still the case. By joining NATO, Finland will strengthen its own security and assume its responsibilities. It is not something away from anybody,” Niinisto said.
Niinisto stressed that Finland, despite its likely future membership in NATO, wants to continue to deal with Russia bilaterally in “practical issues generated by the border neighborhood” and hopes to engage with Moscow “in a professional manner”.
According to the Kremlin statement, the two leaders also discussed Russia’s military operation in Ukraine, and the possibility of achieving a political solution to the situation. Putin said negotiations between Moscow and Kyiv had been suspended due to Ukraine’s “lack of interest in a serious and constructive dialogue.”
The phone call was conducted on Finland’s initiative, Niinisto’s office said.
Finland shares a 1,340-kilometer (830-mile) border with Russia, the longest by any European Union member.
Niinisto and Finnish Prime Minister Sanna Marin on Thursday jointly endorsed Finland’s NATO bid and recommended that the country “must apply for NATO membership without delay” to guarantee the nation’s security amid Russia’s military maneuvers in Ukraine and Europe’s changed geopolitical and security landscape.
A formal announcement from Niinisto and Marin of Finland’s intention to apply for NATO membership is expected on Sunday. Marin’s governing Social Democratic Party approved the membership bid on Saturday, paving way for a parliamentary vote next week to endorse the move. It’s expected to pass with overwhelming support. A formal membership application would then be submitted to NATO headquarters in Brussels.
Neighboring Sweden is set to decide on its NATO stance on Sunday in a meeting of the governing Social Democratic Party led by Prime Minister Magdalena Andersson.
U.S. President Joe Biden held a joint call Friday with both Niinisto and Andersson where, according to a White House statement, he “underscored his support for NATO’s Open Door policy and for the right of Finland and Sweden to decide their own future, foreign policy and security arrangements.”
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Follow AP’s coverage of the Ukraine war at https://apnews.com/hub/russia-ukraine
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https://localnews8.com/news/ap-national-business/2022/05/14/finlands-president-to-putin-we-will-apply-to-join-nato/
| 2022-05-14T17:18:44Z
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Manatee County Commissioners issue statement on letter condemning county administrator
BRADENTON, Fla. (WWSB) - The Manatee County Commission has issued a statement after the County’s Clerk of the Circuit Court and Comptroller wrote to the board expression concerns over the performance of Manatee County Administrator Dr. Scott Hopes.
Angel Colonesso wrote a letter to Manatee County Commission Chairman Kevin Van Ostenbridge expressing concern over what she called a lack of communication and transparency.
Colonesso wrote that she had become increasingly concerned and had been monitoring the situation. She also noted that she had been recently “admonished” by Hopes when he told her she had to coordinate with him regarding an open record request.
“This is not a complete account of all concerning activity that has transpired. The actions of your administrator hinder my constitutional duties as clerk to the board, accountant, auditor and custodian of all county funds,” Colonesso wrote.
She sent the letter to Van Ostenbridge who then sent the following message to the media:
“As Chairman of the Manatee County Commission, I will not sit idly by while an elected official abuses the status of her office to attack one of our county employees. The Clerk’s letter is strategic and politically motivated. Recently, light has been shed on Miss Colonnesso’s actions as Clerk which resulted in the loss of millions of taxpayer dollars. Miss Colonnesso has chosen not to face the music and take responsibility for her own actions. Instead, she has taken a page from the Joe Biden playbook and is pointing a finger at others to distract from her failures. This political stunt attempts to undermine the sovereignty of our Board of County Commissioners. Manatee County taxpayers deserve better from their Clerk.”
ABC7 will update this story as more information is received.
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/05/21/manatee-county-commissioners-issue-statement-letter-condemning-county-administrator/
| 2022-05-21T16:07:18Z
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BRISBANE, Australia (AP) — Ellia Green realized as a young child — long before becoming an Olympic champion — that a person’s identity and a gender assigned at birth can be very different things.
Now, about 20 years later, one of the stars of Australia’s gold medal-winning women’s rugby sevens team at the 2016 Olympics has transitioned to male.
Green, who has kept the same name, told The Associated Press it was the best decision of his life. Realizing that sharing his experience could be lifesaving for others is what compelled Green to go public in a video to be shown Tuesday to participants at an international summit on ending transphobia and homophobia in sport. The summit is being hosted in Ottawa as part of the Bingham Cup rugby tournament.
The only other transgender or gender diverse Olympic gold medalists are Caitlyn Jenner and Quinn, who goes by one name and was part of Canada’s winning women’s soccer team in Tokyo last year.
Seeing so few trans athletes at the elite level and so much negative commentary on social media, particularly since World Rugby’s decision to bar transgender women from playing women’s rugby, hastened Green’s push to highlight the harm those things can cause some children.
Most importantly, it’s an attempt to draw attention to a serious health issue — some studies say more than 40% of trans youth had considered attempting suicide.
The 29-year-old Green has admitted to being in a “dark place” after retiring from rugby at the end of 2021.
“This is what happened to me,” Green told The AP. “Pretty much my rugby career ended and I had been in and out of mental health facilities for serious issues. My depression hit a new level of sadness.”
He’s in a much better place now with his partner, Vanessa Turnbull-Roberts, and their infant daughter, Waitui.
“Vanessa was pregnant and having to come to hospital to visit,” Green said. “I was having bad episodes. That’s the last time I want her to have to see me like that. But the only way to help heal is to talk about it . . . I’d like to help someone not feel so isolated by telling my story.”
The story has been a difficult one at times. Green, who was assigned female at birth, was adopted by Yolanta and Evan Green and moved to Australia from Fiji at age 3. Recalling later childhood memories of domestic violence, seeing Yolanta being abused in another relationship, Green said “caused a lot of long-lasting trauma.”
“I guess from witnessing that, I knew from an early age that was not (the kind of) relationship I wanted to have, but it shaped me to know how a woman should be treated,” Green said. “I do believe that even through traumatic circumstances there was a lot to learn from it.”
It was also a childhood that for Green was marked by an overwhelming realization.
“As a kid I remember I thought I was a boy in public, I had a short (haircut) and whenever we met new people they thought I was a boy,” Green says. “I always used to wear my brother’s clothes, played with tools, and ran around with no shirt on. Until I grew breasts, and I thought ‘oh no’.”
“My mom would dress me in girlie outfits . . . I always wanted to make her happy, so if she wanted me to wear a dress, I wore a dress.”
Yolanta also helped channel Green into sports, and excellence as a sprinter in track and field eventually led to a professional career in rugby. The all-action seven-a-side form of rugby made its Olympic debut at Rio de Janeiro in 2016 and the women’s competition was held first, with Australia beating New Zealand in the final to win the inaugural gold medal. Green, a flying winger, was among the stars of the show.
All the while, though, the deeper feelings were becoming clearer for Green and really peaked after announcing the decision to retire from rugby last November, a few months after missing selection for the Australian women’s team for the delayed Tokyo Olympics.
“I spent a lot of time after I finished up my career with Australian rugby just in the house, in a dark room, I didn’t have the confidence to see anyone,” Green says in the video pre-recorded for the summit.
“I was ashamed of myself, I felt I had let a lot of people down, especially myself and my mom. I felt like a complete failure, it was heartbreaking,” Green added, explaining the feelings that lingered after being left off the Olympic team. “The one thing that did keep me positive is that I had already planned my surgery and treatment towards my transition. It was something I was counting down the days with my partner.”
Now Green wants to advocate for others, emphasizing the harm that can be caused when sporting bans are introduced and how those policies can amplify negativity toward trans and gender diverse people.
“Banning transgender people from sport is disgraceful and hurtful,” Green says. “It only means the rates of suicide and mental health issues will get even worse.”
Green’s comments coincide with the release of a study by the University of British Columbia in Canada and Monash University in Melbourne, Australia which shows a disconnect between rugby’s leaders and the women who play rugby. The survey shows that while about 30% of women think trans women have an unfair advantage they overwhelmingly do not support banning trans athletes from rugby.
Playing rugby at any level, or even coaching, is not on Green’s radar for now. He’s currently working at the Sydney International Container Terminal — “on the wharves,” he says, — but is also studying for a university degree in international security and has ambitions to be advising companies on general and cyber security.
For now, Green says he’s a “full-time daddy, and it’s hard, maybe harder” than anything he’s done. He also credits partner Vanessa, who has a law degree and is now doing her doctorate — “she’s inspired me every single day.”
Green hopes his story will inspire other trans people to be confident in their decisions about who they want to be.
“I just knew it was going to be the most liberating feeling when I had that surgery and to be in the body I knew I had to be,” Green says in the video. “That was a bright spark in my mind during these dark times facing demons, but I knew there was light at the end of the tunnel.”
He adds in the AP telephone interview: “I knew something that would make me really happy is that, No. 1, I am going to live the rest of my life with my partner and my daughter. And that I am going to live the rest of my life as her dad.”
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AP Sports Writer John Pye contributed to this story.
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More AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports
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https://cw33.com/news/ap-top-headlines/olympic-champion-ellia-green-finds-liberation-in-transition/
| 2022-08-16T16:07:00Z
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Steering Committee Members Span the Environmental, Defense, Academic, and Investment Communities
WASHINGTON, June 23, 2022 /PRNewswire/ -- GreenMet, a company built to de-risk the highly vulnerable critical mineral supply chain, today announced the formation of its new Sustainability Steering Committee. The Sustainability Steering Committee will help GreenMet ensure that the critical minerals the company helps procure and process comply with the highest sustainable and responsible business standards. As critical minerals are essential to both America's clean energy future and its national security, the Steering Committee includes leaders who have held senior positions in government, environmental advocacy organizations, businesses and investment companies, and the national security establishment. The inaugural members of the Steering Committee include:
- Robert Bikel, Director and Lead Faculty for the Social, Ethical, and Environmental Responsibility (SEER) Program at Pepperdine University Graziado Business School
- Sherri Goodman, former U.S. Deputy Under Secretary of Defense for Environmental Policy
- Mahesh Ramanujam, former CEO of the U.S. Green Building Council
GreenMet was launched in March 2022 through a strategic investment by the Libra Group, a privately-owned international business group whose subsidiaries own and operate assets in more than 50 countries.
"I am thrilled that Mahesh, Sherri, and Robert will guide us as we secure a safe, North American supply of critical minerals in the most sustainable manner possible," said Drew Horn, CEO of GreenMet. "GreenMet is committed to de-risking the supply chain while limiting emissions and environmental impact, ensuring high labor standards, and creating enough processed critical minerals for the U.S. military and clean energy industries."
Critical minerals are an essential input in everything from batteries and solar panels to jets and communications equipment, meaning the U.S. military and energy industries would struggle to operate without sufficient critical minerals supply. Unfortunately, America's pacing threats control much of the critical minerals supply chain, making finding a robust, secure domestic supply a priority.
"This announcement reflects the deep values of our Group and its subsidiaries that by innovating and advancing sustainability throughout our business, we will contribute to building a better future. We applaud GreenMet on this exciting new step for the industry as it works to bring critical minerals to North America in a sustainable way," said Arguiró Elefteriu, Chief Sustainability Officer of the Libra Group.
About GreenMet
GreenMet is focused on developing the infrastructure for sustainable, reliable, and secure supply chains of rare earth metals and minerals to meet North American energy and technology needs. This includes the production of rare earth minerals and metals, including the production of key magnets, battery material, and green steel.
About Libra Group
The Libra Group (www.libra.com) is a privately owned international business group whose subsidiaries own and operate assets in more than 50 countries. The group is predominantly active in six sectors, including several vital to the global economy. These sectors include shipping, aviation, renewable energy, real estate and hospitality, as well as selected diversified investments. The group has also created 10 social responsibility programs that have a positive impact on the lives of many people around the world. The Libra Group is committed to supporting a more sustainable and equitable future, including harnessing human ingenuity to help mitigate climate change while promoting diversity and inclusion throughout our global footprint.
Contact Details:
Megan McCarthy
MMcCarthy@greenmet.com
+1 860 657 6556
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| 2022-06-23T17:28:52Z
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HOUSTON, June 20, 2022 /PRNewswire/ -- Identity Automation, the digital identity platform for education, today announced a new partnership with PIXM, an artificial intelligence cybersecurity startup, to launch PhishID™, a powerful anti-phishing solution integrated into Identity Automation's RapidIdentity IAM platform.
Our schools have become more digitally connected in recent years, significantly increasing the threat landscape. The Consortium of School Networking (CoSN) found that over 90 percent of cyber security incidents began with phishing attacks. The vulnerabilities will increase unless educational organizations take action to block attacks through phishing prevention.
Arming K-12 and higher education with robust and reliable protection against today's ever-evolving phishing attacks, PhishID stops phishing attacks in real-time through the browser at the point-of-click. This approach protects beyond email-based attacks to provide a holistic defense that can be implemented without disrupting instructional time.
Providing yet another layer of protection against account takeovers and other forms of identity theft, the new PhishID offering is available through Identity Automation's RapidIdentity platform. With RapidIdentity, institutions and districts are able to bring together identity management and authentication solutions with PIXM's point-of-click phishing protection.
"We are pleased to work with a fellow innovator such as PIXM to provide the latest protections and efficiencies schools need today," said Identity Automation CEO Jim Harold. "A PIXM-Identity Automation partnership is a great example of working together to empower and secure educators with the newest measures of protection they need to maximize learning time and minimize distractions or delays from dangerous threats such as phishing."
"Educators and learners shouldn't have to worry about phishing attempts," said Chris Cleveland, Founder and CEO of PIXM. "Partnering with Identity Automation provides an additional layer of protection to keep their information secure. Our AI-based technology identifies phishing attempts designed to bypass security measures and blocks users before they can enter their credentials."
About Identity Automation
Identity Automation provides identity and access management (IAM) solutions for K-12 and higher education. Its flagship platform, RapidIdentity, safeguards learning environments, maximizes instructional time, and minimizes the load on Information & Educational Technology teams. Technology leaders turn to RapidIdentity for its best-in-class security capabilities, time-saving automation, and flexible approach to managing digital identities. Headquartered in Houston, Texas, Identity Automation is trusted by Chicago Public Schools, Public Schools of North Carolina, University of Rochester, Houston Community College, and hundreds of other institutions. To learn more about partnering with Identity Automation, visit www.identityautomation.com.
About PIXM
PIXM, a cyber security startup that stops zero-day phishing attacks with AI Computer Vision, is led by artificial intelligence experts focused on cyber security. It is advised by cyber security pioneers, intel community leaders, and successful entrepreneurs. PIXM CEO and Founder Chris Cleveland studied machine learning applications in cyber security at Columbia's SEAS graduate school. Its backers include Tenable Networks Founder Ron Gula and Veracode Founder Chris Wysopal. Visit www.pixmsecurity.com.
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| 2022-06-20T12:42:21Z
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State insurance commissioner candidate Janice Laws Robinson made a Friday campaign stop in Albany ahead of the Monday start of early voting in runoff elections.
ALBANY — In 2018, Janice Laws Robinson came short in her bid to become Georgia’s Insurance Commissioner, with the Democrat receiving 46.99 percent of the vote to 50.37 percent for Republican Jim Beck.
This year Robinson is making another bid and said she hopes to get over the top in November. But first she has a runoff race with fellow Democrat Raphael Baker. Robinson, who finished in the May 24 primary with 48.70 percent of the vote to Baker’s 33.08 percent, has reason to be optimistic.
If she wins the June 21 runoff election, she will face Republican incumbent John King, who was appointed by Gov. Brian Kemp in 2019 after Beck was indicted on 37 counts of wire and mail fraud, money laundering and tax fraud. Beck was convicted in 2021.
On Friday, during a campaign trip to Albany to meet with a small group of supporters at Charles Sherrod Park, Robinson said she is running to serve the state’s insurance consumers.
“Insurance companies will find you when they want to collect your premium,” she said. “I’ve seen examples in south Georgia and in my hometown of Newton, and a year later, after a tornado, consumers still have not had their claims paid. I’ve heard stories from across the state where people are still waiting.
“I’m running for insurance commissioner because I have been working for Georgians for more than two decades as a licensed insurance broker.”
Robinson said her priorities include keeping premiums reasonable and making sure insurance companies are accountable to customers.
“We have an insurance commissioner who has been appointed and is not looking out for Georgians,” she said. “I’ve seen (car insurance) increases as high as 54 percent. Our black communities are paying 54 to 75 percent more than other consumers. I’m running to put more money back into the pockets of Georgians.”
Prior to 2018, Robinson had never sought a political office, and she has no further political ambitions than the insurance commissioner’s job.
“I am not a career politician,” she said.
“I have the leadership, the experience and the commitment to serve the people of Georgia. I’ve worked with Georgia families for more than two decades. This is the job I want.”
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| 2022-06-12T22:15:02Z
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The new Center is focused on outpacing the rising threat of antimicrobial resistance (AMR) and builds on Johnson & Johnson's longstanding commitment to tackle this challenge
The Satellite Center in Cape Town is the second site to open in Johnson & Johnson's network of research collaborations aimed at addressing the world's most pressing health challenges
The collaboration between Johnson & Johnson and H3D will help to further expand and strengthen Africa's scientific capacity as a global hub for discovery research
CAPE TOWN, South Africa, April 25, 2022 /PRNewswire/ -- Johnson & Johnson (the Company) (NYSE: JNJ) today announced the launch of the J&J Satellite Center for Global Health Discovery (Satellite Center) at the Holistic Drug Discovery and Development (H3D) Centre, University of Cape Town, in Cape Town, South Africa. This marks the latest expansion of the J&J Centers for Global Health Discovery (J&J Centers), a global network of research collaborations between the Company and leading research institutions to accelerate translational and discovery research to address some of the world's most pressing global health challenges. The Satellite Center at H3D will work to drive new solutions to address the present and rising threat of antimicrobial resistance (AMR) with a specific focus on multidrug-resistant Gram-negative bacteria (MDR-GNB).
The establishment of the J&J Centers is a critical step in the creation of a larger, global scientific network that will help stimulate local innovation and support researchers to drive and advance discovery research and development (R&D). Together, teams from the Janssen Pharmaceutical Companies of Johnson & Johnson and H3D will leverage their combined global, institutional and regional strengths to bolster the early-stage science, innovation and talent development needed to tackle AMR, a prevalent threat in Africa and around the world.
"Investing to increase the capacity of the innovation ecosystem in Africa is critical to strengthening the R&D pipeline for entrenched and emerging global health challenges," said Ruxandra Draghia-Akli, M.D., Ph.D., Global Head, Global Public Health R&D at Janssen Research & Development, LLC. "By leveraging the unique strengths of H3D and the J&J Centers, we can cultivate the talent and capacity needed to drive innovation in the global fight against AMR."
AMR has been named one of the top ten global health threats by the World Health Organization (WHO) and has the power to transform easily treated diseases into deadly killers by rendering medicines and medical innovations ineffective. In 2019, more than 5 million deaths were attributed to AMR, making it one of the leading causes of death worldwide. MDR Gram-negative bacteria are particularly concerning to public health because of their resistance to multiple antibiotics and the limited availability of treatment options. Currently, all three of the resistant bacteria described as critical priority level by the WHO are Gram-negative.
"Antibiotics have been the backbone of modern medicine for more than a century, but increasing resistance threatens to render them ineffective," said Anil Koul, Ph.D., Vice President of Discovery and Partnerships, Global Public Health R&D at Janssen Research & Development, LLC. "Our innovation in new antibiotic drug discovery must outpace this rising threat, and the new Satellite Center will build on Johnson & Johnson's legacy in AMR and H3D's expertise to help deliver this ambition more quickly to people in need."
The AMR challenge is particularly acute in Africa as well as Asia, where the transmission of pneumonia, diarrheal diseases, tuberculosis (TB), malaria and sexually transmitted infections, coupled with limited data surveillance, has created an environment where significant resistance to antibiotics can develop. Furthermore, local researchers have long faced systemic barriers to accessing the support, resources and infrastructure as well as new technological platforms that are key to tackling significant health challenges like AMR.
"We must come together to advance investment in African-led innovation to protect the health of both our communities and the world," said Kelly Chibale, Ph.D., Founder and Director of H3D. "It is critical that local researchers have the opportunity to investigate the challenges that impact their communities, without having to leave those communities. Being embedded in local communities, H3D is uniquely positioned to provide this opportunity. This collaboration will further foster the talent and provide the tools and opportunity needed to create innovative solutions in public health."
Johnson & Johnson is joining forces with renowned institutions and leveraging their regional networks to bolster innovation and health equity in parallel through the establishment of the J&J Centers for Global Health Discovery. The Satellite Centers will provide long-term opportunities for mentorship of emerging talent in the discovery sciences to stimulate both local innovation and capacity.
Johnson & Johnson launched the first Satellite Center in July 2021 at the London School of Hygiene & Tropical Medicine (LSHTM), which is focused on developing cutting-edge science to build the next-generation of drug regimens needed to treat all forms of tuberculosis (TB). The disease remains one of the most significant challenges in global health, responsible for 1.5 million deaths in 2020 and accounting for nearly one-third of all deaths from AMR.
The risk of intense epidemics is growing rapidly, with the probability of novel disease outbreaks likely to increase three-fold in the coming decades. Despite this, the last decade has seen a consistent decline in funding for basic science. The J&J Centers are an important step in turning this tide and delivering innovations needed to address the diseases that disproportionately impact the world's poorest and most vulnerable people.
Additional Satellite Centers will be launched in the future. To learn more, visit jnj.com/global-public-health/discovery-centers.
Research at the new Satellite Center will build on Johnson & Johnson's decades of work accelerating innovation – from the lab to the last mile of healthcare – to outpace the threat of AMR. As a founding member of the AMR Action Fund and AMR Industry Alliance, Johnson & Johnson has committed to investing in and advancing critical science, as well as providing access to antibiotics and safeguarding their long-term effectiveness, to meet public health needs. As part of these efforts, the Janssen Pharmaceutical Companies of Johnson & Johnson are leading the pursuit for novel vaccines and therapeutics to tackle a range of drug-resistant infections, including drug-resistant TB and E. coli.
To learn more, visit, JNJ.com/AMR.
Since Johnson & Johnson first opened its doors in South Africa 90 years ago, the Company has been committed to transforming the health of people living in the country and across the continent, helping lead the charge against some of the most significant health threats in the region, like COVID-19, TB, HIV and Ebola.
Critically, Johnson & Johnson has responded to the COVID-19 pandemic by expanding capacity in Africa. In March 2022, Janssen Pharmaceuticals, Inc. completed a landmark agreement with Aspen Pharmacare in South Africa to transfer its fill-and-finish manufacturing technology, allowing the first COVID-19 vaccine to be manufactured and sold by an African company for people living in Africa. In addition to building manufacturing capacity, the Janssen Pharmaceutical Companies of Johnson & Johnson included sites in Africa for its COVID-19 vaccine clinical trials, supported a large-scale COVID-19 vaccine implementation study in South Africa and was the first major manufacturer to sign a purchase agreement to supply its vaccine to African Union countries.
About Johnson & Johnson
At Johnson & Johnson, we believe good health is the foundation of vibrant lives, thriving communities and forward progress. That's why for more than 130 years, we have aimed to keep people well at every age and every stage of life. Today, as the world's largest and most broadly-based healthcare company, we are committed to using our reach and size for good. We strive to improve access and affordability, create healthier communities, and put a healthy mind, body and environment within reach of everyone, everywhere. We are blending our heart, science and ingenuity to profoundly change the trajectory of health for humanity. Learn more at www.jnj.com. Follow us at @JNJNews.
About the Janssen Pharmaceutical Companies of Johnson & Johnson
At Janssen, we're creating a future where disease is a thing of the past. We're the Pharmaceutical Companies of Johnson & Johnson, working tirelessly to make that future a reality for patients everywhere by fighting sickness with science, improving access with ingenuity, and healing hopelessness with heart. We focus on areas of medicine where we can make the biggest difference: Cardiovascular & Metabolism, Immunology, Infectious Diseases & Vaccines, Neuroscience, Oncology, and Pulmonary Hypertension.
Learn more at www.janssen.com. Follow us at www.twitter.com/JanssenUS and www.twitter.com/JanssenGlobal. Janssen Research & Development, LLC and Janssen Biotech, Inc. are part of the Janssen Pharmaceutical Companies of Johnson & Johnson.
Cautions Concerning Forward-Looking Statements
This press release contains "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 regarding antimicrobial resistance. The reader is cautioned not to rely on these forward-looking statements. These statements are based on current expectations of future events. If underlying assumptions prove inaccurate or known or unknown risks or uncertainties materialize, actual results could vary materially from the expectations and projections of any of the Janssen Pharmaceutical Companies and/or Johnson & Johnson. Risks and uncertainties include, but are not limited to: challenges and uncertainties inherent in product research and development, including the uncertainty of clinical success and of obtaining regulatory approvals; uncertainty of commercial success; manufacturing difficulties and delays; competition, including technological advances, new products and patents attained by competitors; challenges to patents; product efficacy or safety concerns resulting in product recalls or regulatory action; changes in behavior and spending patterns of purchasers of health care products and services; changes to applicable laws and regulations, including global health care reforms; and trends toward health care cost containment. A further list and descriptions of these risks, uncertainties and other factors can be found in Johnson & Johnson's Annual Report on Form 10-K for the fiscal year ended January 2, 2022, including in the sections captioned "Cautionary Note Regarding Forward-Looking Statements" and "Item 1A. Risk Factors," and in Johnson & Johnson's subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Copies of these filings are available online at www.sec.gov, www.jnj.com or on request from Johnson & Johnson. None of the Janssen Pharmaceutical Companies nor Johnson & Johnson undertakes to update any forward-looking statement as a result of new information or future events or developments.
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https://www.wibw.com/prnewswire/2022/04/25/johnson-amp-johnson-launches-next-satellite-center-global-health-discovery-holistic-drug-discovery-development-centre-university-cape-town-focused-antimicrobial-resistance-amr/
| 2022-04-25T12:01:58Z
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Salina Police search for woman who used counterfeit bill on $100 gas visit
SALINA, Kan. (WIBW) - Salina Police are looking for a woman accused of using a counterfeit bill to get out of a $100 gas pump visit at the end of August.
The Salina Police Department says that just after 5:20 a.m. on Tuesday, Aug. 30, it was reported that a woman pulled up to the gas pumps at the Casey’s at 1100 E Iron Ave. in a silver 4-door Dodge Avenger.
SPD noted that the woman entered the store and prepaid for her gas with a $100 bill that was later found to be counterfeit.
The suspect has been described as a middle-aged white female with a medium build and dark hair.
If anyone has information about the crime or knows who the individual may be, they have been encouraged to contact SPD at 785-826-7210 or Crimestoppers at 825-TIPS.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/09/04/salina-police-search-woman-who-used-counterfeit-bill-100-gas-visit/
| 2022-09-04T18:02:18Z
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DALLAS (KDAF) — North Texans might want to consider dusting off their raincoats and umbrellas as storm chances rise mid-week and stick around for late in the week as well according to the National Weather Service center in Fort Worth.
The center says to expect some hot weather on Wednesday with increased chances for storms. “We’ll continue to see above normal temperatures through Wednesday with highs in the 99-103 degree range, but a cold front will approach the area by Wednesday afternoon. Scattered thunderstorms are expected to develop along the front and should spread south into the I-20 corridor by late afternoon.”
Thursday and Friday will also see chances for storms as a weak cold front will gradually move into Central Texas before stalling out on Thursday, which will bring slightly cooler air into the region. “The front, along with an upper level disturbance, will provide a chance of showers and storms to much of the region.”
So, when are the best chances for storms? It will start north of I-20 on Wednesday and into the night and then shift to Central Texas on Thursday and Friday. “The boundary will then return north as a warm front Friday into the weekend, returning temperatures to slightly above normal values.”
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https://cw33.com/news/local/need-for-umbrella-raincoat-rises-mid-to-late-week-for-north-texas-heres-what-you-need-to-know/
| 2022-08-16T17:35:44Z
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Pricing for the 2023 Sportage PHEV Starts at $38,490
- 261hp turbo hybrid powertrain with plug-in capability: up to 84 MPGe (targeted) and 34-mile all-electric range (AER)
- Standard all-wheel drive
- Available at Kia retailers now
IRVINE, Calif., Aug. 17, 2022 /PRNewswire/ -- Today, Kia announced pricing for the all-new 2023 Sportage Plug-in Hybrid (PHEV), the first plug-in variant of the brand's longest running nameplate, starting at $38,490. The Sportage PHEV completes the electrified Sportage lineup and follows in the footsteps of the recently launched EV6 and the Sorento HEV and PHEV.
Trim Levels/Pricing – MSRP: (excludes $1,295 destination)
The 2023 Sportage PHEV is the third model in an ongoing cadence of eco-minded offerings guided by 'Plan S,' the global Kia product electrification strategy. Powered by a 66.9 kW electric motor and a 1.6L turbocharged engine, Sportage PHEV delivers 261 horsepower and 258 lb-ft of torque, with all-electric range (AER) of 34 miles and 84 MPGe (targeted). Charging is accomplished courtesy of a 7.2 kW high-efficiency on-board charger, with the best possible power density at 1.53 kW/ℓ. When connected to a Level-2 charger, the Sportage PHEV will take approximately two hours to fully replenish its battery. The Sportage PHEV is one of the largest SUVs in its class, providing fun to drive appeal, efficiency as well as the versatility of best-in-class rear legroom and rear cargo capacity.
The "Opposites United" design language employed on Sportage brings a bold blend of modern styling and sporty visual elements to the Sportage PHEV, while its interior provides the latest in technology, including an expansive list of ADAS features and dual panoramic display screens (12.3-inch instrument panel display and 12.3-inch infotainment touchscreen display) for nearly 25 inches of viewing. X-Line styling cues blend sporty and rugged exterior features, including unique front and rear bumpers with a satin chrome surround; side mirrors, roof rack and window surrounds finished in gloss black; and 19-inch, gloss-black alloy wheels.
The Sportage PHEV is on sale in all 50 states as of July 2022.
Headquartered in Irvine, California, Kia America continues to top automotive quality surveys and is recognized as one of the 100 Best Global Brands. Kia serves as the "Official Automotive Partner" of the NBA and offers a range of gasoline, hybrid, plug-in hybrid and electrified vehicles sold through a network of over 750 dealers in the U.S., including several cars and SUVs proudly assembled in America.
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https://www.mysuncoast.com/prnewswire/2022/08/17/kia-america-announces-pricing-brands-first-sportage-plug-in-hybrid-phev/
| 2022-08-17T10:40:36Z
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Business Activity Index at 54.5%; New Orders Index at 57.6%; Employment Index at 50.2%; Supplier Deliveries Index at 61.3%
TEMPE, Ariz., June 3, 2022 /PRNewswire/ -- Economic activity in the services sector grew in May for the 24th month in a row — with the Services PMI® registering 55.9 percent — say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®.
The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Services Business Survey Committee: "In May, the Services PMI® registered 55.9 percent, 1.2 percentage points lower than April's reading of 57.1 percent. This is the lowest reading since February 2021, when the index also registered 55.9 percent. The Business Activity Index registered 54.5 percent, a decrease of 4.6 percentage points compared to the reading of 59.1 percent in April, and the New Orders Index figure of 57.6 percent is 3 percentage points higher than the April reading of 54.6 percent.
"The Supplier Deliveries Index registered 61.3 percent, 3.8 percentage points lower than the 65.1 percent reported in April. (Supplier Deliveries is the only ISM® Report On Business® index that is inversed; a reading of above 50 percent indicates slower deliveries, which is typical as the economy improves and customer demand increases.)
"The Prices Index dropped from the all-time high of 84.6 percent in April, decreasing 2.5 percentage points to 82.1 percent. Services businesses continue to struggle to replenish inventories, as the Inventories Index grew, but at a slower rate. The reading of 51 percent is down 1.3 percentage points from April's figure of 52.3 percent. The Inventory Sentiment Index (44.5 percent, down 2.2 percentage points from April's reading of 46.7 percent) contracted in May for the third consecutive month, indicating that inventories are in 'too low' territory and insufficient for current business requirements."
Nieves continues, "According to the Services PMI®, 14 industries reported growth. The composite index indicated growth for the 24th consecutive month after a two-month contraction in April and May 2020. Growth continues — albeit slower — for the services sector, which has expanded for all but two of the last 148 months. The sector's slowdown was due to a decline in business activity and slowing supplier deliveries. The Employment Index (50.2 percent) returned to expansion territory, and the Backlog of Orders Index grew, though at a slower rate. COVID-19 continues to disrupt the services sector, as well as the war in Ukraine. Labor is still a big issue, and prices continue to increase."
INDUSTRY PERFORMANCE
The 14 services industries reporting growth in May — listed in order — are: Mining; Construction; Real Estate, Rental & Leasing; Educational Services; Transportation & Warehousing; Management of Companies & Support Services; Utilities; Accommodation & Food Services; Wholesale Trade; Professional, Scientific & Technical Services; Arts, Entertainment & Recreation; Other Services; Health Care & Social Assistance; and Public Administration. The three industries reporting a decrease are: Agriculture, Forestry, Fishing & Hunting; Retail Trade; and Information.
WHAT RESPONDENTS ARE SAYING
- "Supply chain improving, with more reliability of supplier deliveries. Inflationary pressures increased on goods and services. Employment also improving in most markets. Fewer daily fires and more planning time." [Accommodation & Food Services]
- "Demand seems to be very high for all of the high-voltage electric products we purchase. Lead times are quadruple what they normally are." [Construction]
- "Long lead times continue to plague equipment deliveries; higher prices or surcharges added to pricing proposals. The ban on Russian imports is causing a shortage of gasses, especially helium. There has been an increase in new college applicants, signaling a strengthening of the higher education sector." [Educational Services]
- "The paper industry is still being hampered by employment issues, freight costs and scarcity of truckers, as well as the war in Ukraine. European paper sent to North America is being slashed due to the war and the lack of fiber, along with high energy costs. Mills in North America are still struggling to keep up with demand." [Information]
- "Unstable prices on various commodities are making budgetary planning difficult. We are maintaining a cautious approach due to energy costs continuing to increase." [Management of Companies & Support Services]
- "Demand for all labor types remains strong, as open positions continue to exceed candidates to fill those positions. Light industrial, heavy industrial and information technology labor roles are particularly difficult to fill. Companies are having to pay more and offer incentives to attract talent. Resignations continue at a record pace across all age groups, and baby boomer retirements continue to increase." [Professional, Scientific & Technical Services]
- "Concerns about how the new COVID-19 subvariants and rising cases may impact staffing." [Public Administration]
- "Chip shortage showing no signs of easing." [Retail Trade]
- "Exhausting. Continuous shortages, transportation delays and price increases all contribute to the destruction of historical lead times and firm commitments on delivery dates. This requires placing orders earlier and qualifying secondary sources. It is relentless." [Utilities]
- "National consumer and builder demand continues to drive sales domestically. COVID-19 in China continues to affect our supply chain more than the Russia-Ukraine war." [Wholesale Trade]
Services ISM® Report On Business® data is seasonally adjusted for the Business Activity, New Orders, Employment and Prices indexes. Manufacturing ISM® Report On Business® data is seasonally adjusted for New Orders, Production, Employment and Inventories indexes.
*Number of months moving in current direction.
COMMODITIES REPORTED UP/DOWN IN PRICE, AND IN SHORT SUPPLY
Commodities Up in Price
Airfares; Aluminum (2); Aluminum Products (6); Beef; Benefits; Cable; Caustic Soda; Cheese; Chemicals (2); Chicken (9); Chlorine Liquid; Construction Materials; Dairy Products (2); Diesel Exhaust Fluid; Diesel Fuel (18); Electrical Components (16); Electricity; Electronic Components (6); Energy; Engine Components; Fish; Food and Beverages (2); Food Products (3); Freight (13); Fuel (17); Fuel Related Products (3); Gasoline (18); Hotel Rates; Labor (18); Labor — Temporary (4); Natural Gas (3); Office and Computer Supplies (3); Paper (4); Paper Products (6); Petroleum (3); Plastic Products (10); Polyvinyl Chloride (PVC) Products (9); Resin; Rubber Products; Shipping Costs (2); Steel Products* (17); Transportation Costs (4); Travel; Vehicles; and Wood Items.
Commodities Down in Price
Copper Products; and Steel Products*.
Commodities in Short Supply
Appliances (3); Baby Formula; Chemicals; Coated Freesheet; Construction Materials; Contrast Media; Diesel Fuel; Electrical Components (2); Electronic Components (6); Food and Beverages; Food Service Equipment; Groundwood Paper; Labor (10); Labor — Temporary (3); Microchips; Needles and Syringes (5); Paper Products (3); Semiconductors (2); Steel; Steel Products; Transformers; Vehicles; and Wire and Cable.
Note: The number of consecutive months the commodity is listed is indicated after each item. *Indicates both up and down in price.
MAY 2022 SERVICES INDEX SUMMARIES
Services PMI®
In May, the Services PMI® registered 55.9 percent, a 1.2-percentage point decrease compared to the April reading of 57.7 percent. The 12-month average is 61.2 percent, which reflects consistently strong growth in the services sector. This month's reading, however, is the lowest figure since February 2021, when the index also registered 55.9 percent. The May reading indicates the services sector grew for the 24th consecutive month. A reading above 50 percent indicates the services sector economy is generally expanding; below 50 percent indicates the services sector is generally contracting.
A Services PMI® above 50.1 percent, over time, generally indicates an expansion of the overall economy. Therefore, the May Services PMI® indicates the overall economy has followed the same path as the services sector: expansion for 24 straight months following two months of contraction and a preceding period of 122 months of growth. Nieves says, "The past relationship between the Services PMI® and the overall economy indicates that the Services PMI® for May (55.9 percent) corresponds to a 2.1-percent increase in real gross domestic product (GDP) on an annualized basis."
SERVICES PMI® HISTORY
Business Activity
ISM®'s Business Activity Index registered 54.5 percent in May, a decrease of 4.6 percentage points from the reading of 59.1 percent in April, indicating growth for the 24th consecutive month. Comments from respondents include: "Continued business recovery is evident" and "Inflation and higher interest rates."
The 13 industries reporting an increase in business activity for the month of May — listed in order — are: Mining; Construction; Educational Services; Arts, Entertainment & Recreation; Management of Companies & Support Services; Real Estate, Rental & Leasing; Utilities; Professional, Scientific & Technical Services; Accommodation & Food Services; Wholesale Trade; Public Administration; Transportation & Warehousing; and Health Care & Social Assistance. The three industries reporting a decrease in business activity for the month of May are: Agriculture, Forestry, Fishing & Hunting; Retail Trade; and Information.
New Orders
ISM®'s New Orders Index registered 57.6 percent, up 3 percentage points from the April reading of 54.6 percent. New orders grew for the 24th consecutive month after two months of contraction and a preceding period of 128 months of expansion. Comments from respondents include: "Consumers becoming more optimistic in training, in spite of dire economic news" and "Large capital expenditure investments in renewable energy space."
Fifteen industries reported growth of new orders in May, in the following order: Construction; Arts, Entertainment & Recreation; Educational Services; Mining; Management of Companies & Support Services; Real Estate, Rental & Leasing; Utilities; Professional, Scientific & Technical Services; Wholesale Trade; Transportation & Warehousing; Accommodation & Food Services; Finance & Insurance; Other Services; Health Care & Social Assistance; and Public Administration. The two industries reporting a decrease in new orders in May are Agriculture, Forestry, Fishing & Hunting; and Information.
Employment
Employment activity in the services sector grew in May after contracting in April. ISM®'s Employment Index registered 50.2 percent, up 0.7 percentage point from the reading of 49.5 percent registered in April. Comments from respondents include: "Head count is increasing over last month, but that is due to filling vacant positions; no increase in overall projected staff level" and "Supplementing temporary (labor) to get the job done; the Great Resignation didn't just affect the nursing field." Also: "Gas prices are affecting my labor pool."
The nine industries reporting an increase in employment in May — listed in order — are: Mining; Construction; Accommodation & Food Services; Transportation & Warehousing; Other Services; Real Estate, Rental & Leasing; Professional, Scientific & Technical Services; Wholesale Trade; and Health Care & Social Assistance. The six industries reporting a decrease in employment in May — listed in order — are: Retail Trade; Finance & Insurance; Agriculture, Forestry, Fishing & Hunting; Information; Management of Companies & Support Services; and Public Administration.
Supplier Deliveries
The Supplier Deliveries Index registered 61.3 percent, down 3.8 percentage points from the 65.1 percent registered in April. A reading above 50 percent indicates slower deliveries, while a reading below 50 percent indicates faster deliveries. Comments from respondents include: "Due to shortages in steel and aluminum, suppliers are pushing out deliveries, including for specialty fasteners and other components" and "Electronic components are pushing out deliveries further each month." Also: "Railroads are operating at a slower pace, while trucks are seasonally busy but available at increased prices."
The 15 industries reporting slower deliveries in May — listed in order — are: Mining; Real Estate, Rental & Leasing; Management of Companies & Support Services; Agriculture, Forestry, Fishing & Hunting; Transportation & Warehousing; Educational Services; Utilities; Wholesale Trade; Construction; Health Care & Social Assistance; Public Administration; Finance & Insurance; Information; Other Services; and Professional, Scientific & Technical Services. The only industry reporting faster supplier deliveries in May is Retail Trade.
Inventories
The Inventories Index grew in May for the fourth consecutive month after eight preceding months of contraction. The reading of 51 percent was a 1.3-percentage point decrease from the 52.3 percent reported in April. Of the total respondents in May, 39 percent indicated they do not have inventories or do not measure them. Comments from respondents include: "Buying in advance of price increases" and "Ordering a bit more to hedge against continuing supply chain issues, as well as rising prices."
The seven industries reporting an increase in inventories in May — listed in order — are: Accommodation & Food Services; Transportation & Warehousing; Retail Trade; Wholesale Trade; Utilities; Construction; and Professional, Scientific & Technical Services. The seven industries reporting a decrease in inventories in May — listed in order — are: Mining; Management of Companies & Support Services; Agriculture, Forestry, Fishing & Hunting; Educational Services; Public Administration; Information; and Health Care & Social Assistance.
Prices
Prices paid by services organizations for materials and services increased in May for the 60th consecutive month, with the index registering 82.1 percent, 2.5 percentage points lower than the all-time high recorded in April (84.6 percent), which exceeded the seasonally adjusted figure of 83.9 percent registered in December 2021.
All 18 services industries reported an increase in prices paid during the month of May, in the following order: Arts, Entertainment & Recreation; Mining; Construction; Management of Companies & Support Services; Accommodation & Food Services; Transportation & Warehousing; Real Estate, Rental & Leasing; Wholesale Trade; Other Services; Public Administration; Educational Services; Finance & Insurance; Retail Trade; Information; Professional, Scientific & Technical Services; Health Care & Social Assistance; Utilities; and Agriculture, Forestry, Fishing & Hunting.
NOTE: Commodities reported as up in price and down in price are listed in the commodities section of this report.
Backlog of Orders
The ISM® Services Backlog of Orders Index grew in May for the 17th consecutive month. The index registered 52 percent, a 7.4-percentage point decrease compared to the April reading of 59.4 percent. Of the total respondents in May, 46 percent indicated they do not measure backlog of orders. Respondent comments include: "Capacity constraints, shipping delays, and labor shortages are still impacting supplier delivery performance" and "Again, we can't catch up because of continued supply chain issues — petroleum prices, overall inflation and a lack of labor — which are causing significant issues for us and our partner suppliers."
The eight industries reporting an increase in order backlogs in May — listed in order — are: Management of Companies & Support Services; Accommodation & Food Services; Utilities; Wholesale Trade; Transportation & Warehousing; Educational Services; Construction; and Professional, Scientific & Technical Services. The six industries reporting a decrease in order backlogs in May — listed in order — are: Arts, Entertainment & Recreation; Mining; Agriculture, Forestry, Fishing & Hunting; Information; Public Administration; and Health Care & Social Assistance.
New Export Orders
Orders and requests for services and other non-manufacturing activities to be provided outside of the U.S. by domestically based companies grew in May for the fourth consecutive month. The New Export Orders Index registered 60.9 percent, a 2.8-percentage point increase from the 58.1 percent reported in April. Of the total respondents in May, 74 percent indicated they do not perform, or do not separately measure, orders for work outside of the U.S.
The six industries reporting an increase in new export orders in May — listed in order — are: Mining; Real Estate, Rental & Leasing; Accommodation & Food Services; Utilities; Retail Trade; and Transportation & Warehousing. The four industries reporting a decrease in new export orders in May are: Construction; Information; Educational Services; and Professional, Scientific & Technical Services. Eight industries indicated no change in new export orders in May.
Imports
The Imports Index grew in May for the second month in a row, registering 52.8 percent, down 0.1 percentage point from April's reading of 52.9 percent. Sixty-seven percent of respondents reported that they do not use, or do not track the use of, imported materials.
The five industries reporting an increase in imports for the month of May are: Retail Trade; Mining; Transportation & Warehousing; Utilities; and Wholesale Trade. The four industries that reported a decrease in imports in May are: Agriculture, Forestry, Fishing & Hunting; Other Services; Accommodation & Food Services; and Health Care & Social Assistance. Nine industries reported no change in imports in May.
Inventory Sentiment
The ISM® Services Inventory Sentiment Index contracted in May for the third month in a row, registering 44.5 percent, a 2.2-percentage point decrease from April's figure of 46.7 percent. This reading indicates that respondents feel their inventories are too low when correlated to business activity levels.
The 10 industries reporting sentiment that their inventories were too high in May — listed in order — are: Arts, Entertainment & Recreation; Mining; Other Services; Accommodation & Food Services; Utilities; Health Care & Social Assistance; Finance & Insurance; Retail Trade; Wholesale Trade; and Professional, Scientific & Technical Services. The four industries reporting a feeling that their inventories were too low in May are: Real Estate, Rental & Leasing; Transportation & Warehousing; Public Administration; and Management of Companies & Support Services.
About This Report
DO NOT CONFUSE THIS NATIONAL REPORT with the various regional purchasing reports released across the country. The national report's information reflects the entire U.S., while the regional reports contain primarily regional data from their local vicinities. Also, the information in the regional reports is not used in calculating the results of the national report. The information compiled in this report is for the month of May 2022.
The data presented herein is obtained from a survey of supply executives in the services sector based on information they have collected within their respective organizations. ISM® makes no representation, other than that stated within this release, regarding the individual company data collection procedures. The data should be compared to all other economic data sources when used in decision-making.
Data and Method of Presentation
The Services ISM® Report On Business® (formerly the Non-Manufacturing ISM® Report On Business®) is based on data compiled from purchasing and supply executives nationwide. Membership of the Services Business Survey Committee (formerly Non-Manufacturing Business Survey Committee) is diversified by NAICS, based on each industry's contribution to gross domestic product (GDP). The Services Business Survey Committee responses are divided into the following NAICS code categories: Agriculture, Forestry, Fishing & Hunting; Mining; Utilities; Construction; Wholesale Trade; Retail Trade; Transportation & Warehousing; Information; Finance & Insurance; Real Estate, Rental & Leasing; Professional, Scientific & Technical Services; Management of Companies & Support Services; Educational Services; Health Care & Social Assistance; Arts, Entertainment & Recreation; Accommodation & Food Services; Public Administration; and Other Services (services such as Equipment & Machinery Repairing; Promoting or Administering Religious Activities; Grantmaking; Advocacy; and Providing Dry-Cleaning & Laundry Services, Personal Care Services, Death Care Services, Pet Care Services, Photofinishing Services, Temporary Parking Services, and Dating Services). The data are weighted based on each industry's contribution to GDP. According to the BEA estimates for 2020 GDP (released December 22, 2021), the six largest services sectors are: Real Estate, Rental & Leasing; Government; Professional, Scientific, & Technical Services; Health Care & Social Assistance; Information; and Finance & Insurance. Beginning in February 2020 with January 2020 data, computation of the indexes is accomplished utilizing unrounded numbers.
Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (Business Activity, New Orders, Backlog of Orders, New Export Orders, Inventory Change, Inventory Sentiment, Imports, Prices, Employment and Supplier Deliveries), this report shows the percentage reporting each response and the diffusion index. Responses represent raw data and are never changed. Data is seasonally adjusted for Business Activity, New Orders, Prices and Employment. All seasonal adjustment factors are subject annually to relatively minor changes when conditions warrant them. The remaining indexes have not indicated significant seasonality.
The Services PMI® is a composite index based on the diffusion indexes for four of the indicators with equal weights: Business Activity (seasonally adjusted), New Orders (seasonally adjusted), Employment (seasonally adjusted) and Supplier Deliveries. Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change and the scope of change. An index reading above 50 percent indicates that the services economy is generally expanding; below 50 percent indicates that it is generally declining. Supplier Deliveries is an exception. A Supplier Deliveries Index above 50 percent indicates slower deliveries and below 50 percent indicates faster deliveries.
A Services PMI® above 50.1 percent, over time, indicates that the overall economy, or gross domestic product (GDP), is generally expanding; below 50.1 percent, it is generally declining. The distance from 50 percent or 50.1 percent is indicative of the strength of the expansion or decline.
The Services ISM® Report On Business® survey is sent out to Services Business Survey Committee respondents the first part of each month. Respondents are asked to ONLY report on U.S. operations for the current month. ISM® receives survey responses throughout most of any given month, with the majority of respondents generally waiting until late in the month to submit responses to give the most accurate picture of current business activity. ISM® then compiles the report for release on the third business day of the following month.
The industries reporting growth, as indicated in the Services ISM® Report On Business® monthly report, are listed in the order of most growth to least growth. For the industries reporting contraction or decreases, those are listed in the order of the highest level of contraction/decrease to the least level of contraction/decrease.
ISM ROB Content
The Institute for Supply Management® ("ISM") Report On Business® (Manufacturing, Services and Hospital reports) ("ISM ROB") contains information, text, files, images, video, sounds, musical works, works of authorship, applications, and any other materials or content (collectively, "Content") of ISM ("ISM ROB Content"). ISM ROB Content is protected by copyright, trademark, trade secret, and other laws, and as between you and ISM, ISM owns and retains all rights in the ISM ROB Content. ISM hereby grants you a limited, revocable, nonsublicensable license to access and display on your individual device the ISM ROB Content (excluding any software code) solely for your personal, non-commercial use. The ISM ROB Content shall also contain Content of users and other ISM licensors. Except as provided herein or as explicitly allowed in writing by ISM, you shall not copy, download, stream, capture, reproduce, duplicate, archive, upload, modify, translate, publish, broadcast, transmit, retransmit, distribute, perform, display, sell, or otherwise use any ISM ROB Content.
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About Institute for Supply Management®
Institute for Supply Management® (ISM®) serves supply management professionals in more than 90 countries. Its 50,000 members around the world manage about US$1 trillion in corporate and government supply chain procurement annually. Founded in 1915 as the first supply management institute in the world, ISM is committed to advancing the practice of supply management to drive value and competitive advantage for its members, contributing to a prosperous and sustainable world. ISM leads the profession through the ISM Report On Business®, its highly regarded certification programs and the ISM Advance™ Digital Platform. This report has been issued by the association since 1931, except for a four-year interruption during World War II.
The full text version of the Services ISM® Report On Business® is posted on ISM®'s website at www.ismrob.org on the third business day* of every month after 10:00 a.m. ET.
The next Services ISM® Report On Business® featuring June 2022 data will be released at 10:00 a.m. ET on Wednesday, July 6, 2022.
*Unless the New York Stock Exchange is closed.
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https://www.wibw.com/prnewswire/2022/06/03/services-pmi-559-may-2022-services-ism-report-business/
| 2022-06-03T15:24:59Z
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GRAPHIC: Woman suffers shark bite during family vacation: ‘There was a shark on my arm’
MYRTLE BEACH, S.C. (WPDE) - A Pennsylvania woman is recovering after suffering a shark bite while vacationing in South Carolina.
The Sites family said they were just starting their vacation in Myrtle Beach when their trip took a shocking turn.
“I felt something bite me. I looked down and there was a shark on my arm,” Karen Sites said. “I was only in the water up to my waist, and I kept pushing at it until it let go.”
Karen Sites’ grandson, 8-year-old Brian Sites, said he was nearby when the shark bite happened.
“I couldn’t even see the shark coming up; it jumped up,” Brian Sites said. “I saw the movement of its tail and then it went back into the water.”
Karen Sites said she was taken to a hospital and underwent surgery before receiving hundreds of stitches.
“It’s very clearly a shark bite when you look at the arc of the tooth marks and the damage,” said Daniel Abel, professor of marine science at Coastal Carolina University. “My sympathies to the victim. That’s a horrendous thing to go through.”
Abel said shark bites are rare, but shark sightings are not uncommon this time of year and beachgoers should take some precautions.
“Don’t swim at dawn or dusk. There are not many people in the water and some sharks are closer to the shoreline for feeding,” Abel said. “Don’t swim where there are schools of small fish or near where people are fishing.”
Sites said her shark encounter would not keep her from enjoying the beach in the future as she continues her recovery.
Copyright 2022 WPDE via CNN Newsource. All rights reserved.
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https://www.mysuncoast.com/2022/08/19/graphic-woman-suffers-shark-bite-during-family-vacation-there-was-shark-my-arm/
| 2022-08-20T00:36:01Z
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Convicted felon from Orlando, indicted on federal carjacking charges
SARASOTA, Fla. (WWSB) -Rodney Devon Jones was indicted and charged with carjacking and brandishing a firearm during and in relation to a crime of violence after he allegedly took a 2018 Alfa Romeo Stelvio from another person by force on September 28, 2021.
The Seminole Police Department and the FBI investigated this case with assistance from the Orange County Sheriff’s office.
Jones could possibly face a minimum mandatory term of seven years to life in federal prison. Jones was also supposed to forfeit any firearms and ammunition involved in the offenses.
This case is being prosecuted by the state, joint federal and local Project Safe Neighborhood program (PSN)
PSN is working with stakeholders to identify pressing violent crimes in the community and trying to figure out the best solutions to address them.
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/05/18/convicted-felon-orlando-indicted-federal-carjacking-charges/
| 2022-05-18T17:38:15Z
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BMW, Ford, and General Motors are partnering with California not-for-profit utility Sacramento Municipal Utility District (SMUD) on a pilot program that will incentivize off-peak EV charging.
The pilot program will allow utility customers in California’s state capital to take advantage of lower electricity rates, while helping to balance the grid, SMUD said in a press release.
The three participating automakers will allow access for remote home-charging management, creating charging schedules so that vehicles are plugged in at the optimal time.
“Customers with EVs from participating automakers will receive incentives for enrolling, and quarterly incentives for participating in the pilot program,” the release explained, although specific details on those incentives weren’t provided.
Charging EVs at off-peak times, when there is less general demand for electricity, makes use of otherwise excess capacity, keeping the level of demand more considerate. This balancing of the grid reduces strain on infrastructure.
Recent California heat waves have accelerated the quest for solutions that will ease the load on the grid while growing renewables. That includes use of bidirectional charging to allow EVs to discharge power back into the grid during periods of high demand, sometimes referred to as vehicle-to-grid (V2G). California has proposed wide-ranging V2G plans—although smart charging will go a long way to help the situation too.
Another California utility, Pacific Gas & Electric (PG&E), has expanded bidirectional charging pilots. One such program will incentivize EV owners $2,500 plus up to $2,175 depending on the level of participation.
California is a good location for these utility pilot programs. It not only has the nation’s largest EV fleet, but also leads in home-charging installation, so there’s a much larger pool of utility customers able to participate in these programs than in other states.
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- Report: EV tax credit rules might accelerate Hyundai timeline for US-built EVs
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https://cw33.com/automotive/internet-brands/bmw-ford-gm-will-help-incentivize-california-ev-drivers-to-charge-off-peak/
| 2022-08-25T19:40:29Z
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ALEXANDRIA, Va., Sept. 12, 2022 /PRNewswire/ -- The American Staffing Association today announced that LocumTenens.com's Miechia Esco, MD, has been named the 2023 National Staffing Employee of the Year. The announcement marks the beginning of National Staffing Employee Week, which runs this year from Sept. 12 to 18 and celebrates the contributions of the millions of temporary and contract employees hired by U.S. staffing agencies each year.
"From entry-level roles to the c-suite, temporary and contract employees are making a difference in our society and our economy," said Richard Wahlquist, president and chief executive officer of ASA. "This year's National Staffing Employee of the Year's and All-Stars' stories exemplify the ways staffing agencies help people of all ages and at all stages of their careers gain access to new and meaningful employment opportunities."
Sponsored by StaffPro3, a division of PMC Insurance, the National Staffing Employee of the Year and All-Star awards honor current or former temporary or contract employees with extraordinary stories of staffing success and who best exemplify one or more of the industry's key messages of bridging and flexibility. Esco will be honored during a ceremony at Staffing World®, the ASA annual convention and expo, Oct. 25-27 at the MGM Grand Las Vegas.
Health Care Sector All-Star
Miechia Esco
LocumTenens.com
Miechia Esco, MD, a vascular surgeon, looked to staffing to help her regain her passion for medicine. Starting to feel detached from the communities she served, she connected with a recruiter from LocumTenens.com and agreed to embark on a locum tenens contract. Her subsequent newfound ability to choose when and where she wants to work has reinvigorated her love of medicine, allowing her to travel to underserved communities where she is most needed. In addition to her locum tenens role, she also serves as the agency's chief medical resource adviser, a position created for her after she identified gaps across the health care staffing industry.
Practicing locum tenens medicine also gives Esco greater flexibility in how she spends her time outside the hospital. In addition to serving on medical mission trips, she's become a certified yoga teacher and a world traveler who's even conquered Mount Kilimanjaro.
Engineering, Information Technology, and Scientific Sector All-Star
Jeremy Denton
Airswift
For Jeremy Denton, staffing was a way to enter the rapidly growing green energy sector. A 15-year veteran of the oil and gas industry, Denton turned to Airswift to place him with renewable energy companies that could benefit from his skills as a safety professional. Airswift's help enabled Denton to pursue a career in project safety management roles to support major energy clients ranging from major electrical grid modernizations to safe seabed surveys for new offshore wind platforms. Other alternative energy projects include utility-scale solar and battery storage facilities and renewable fuel projects designed to convert petroleum refining facilities to agricultural feedstock manufacturing facilities to produce low-carbon emission fuels such as biodiesel and sustainable aviation fuels. Denton's experience has also moved him to mentor other professionals switching from careers in the fossil fuel industry to renewables.
Industrial Sector All-Star
Lisa Goodrich
Working Fields
Staffing gave Lisa Goodrich the second chance she needed in her career. As a formerly justice-involved individual, Goodrich was concerned she could never get a chance to move past a dead-end job that didn't support her financially and kept her away from her husband for long periods. Then she found Working Fields. The staffing agency not only placed her with a local cable manufacturing company but also provided her with a peer coach who met with her weekly to develop her budgeting skills and support her recovery from substance use. Soon, she had the resources to purchase a vehicle and get the necessary medical treatment she'd been postponing. Based on her hard work and dedication, Goodrich earned a full-time position with the manufacturing company where she worked.
Office–Clerical and Administrative Sector
Noel Samuels
Integrity Staffing Solutions
Partnering with Integrity Staffing Solutions provided Noel Samuels with the opportunity to support her role as a working mom. Samuels was the victim of a pandemic-driven layoff in March 2020. The single mother of two children under the age of six joined the Integrity team after hearing about their opportunities from a friend. Within a week, she had a job working for the City of Wilmington, DE. Her new role provided her with a steady income and the ability to drop off and pick up her kids from school, negating the need for costly childcare. Samuels has also taken advantage of Integrity's online job training program, completing supervisor training and earning a certificate in CNC machine printing. She's excelled in her assignment, has already been promoted, and plans to continue developing her skills with a new class soon.
Professional-Managerial Sector All-Star
LaKeatia Daniels-Owens
AtWork Personnel
Staffing helped LaKeatia Daniels-Owens find her a new industry career opportunity after experiencing tragedy and hardship. Daniels-Owens had served in leadership roles in various industries. Then she was in a car accident where she sustained serious injuries and her husband was killed. She persevered and returned to work after three months of numerous surgeries and physical therapy. Shortly after her return she learned her position had been eliminated. After a lengthy and unsuccessful job search, she turned to AtWork Personnel in Raleigh-Durham, NC. Staffing professionals worked with her to find her a new role as a human resource administrative assistant at DECI, a nonprofit warehousing and logistics provider providing employment and assistance to people with vocational disabilities. Daniels-Owens's ability to learn quickly and utilize her experience allowed her to excel in her role, and she was soon promoted to human resources manager. She now oversees more than 220 employees, has become a proud member of the Society for Human Resource Management, and is working toward a certification from the HR Certification Institute.
The American Staffing Association is the voice of the U.S. staffing, recruiting, and workforce solutions industry. ASA and its state affiliates advance the interests of the industry across all sectors through advocacy, research, education, and the promotion of high standards of legal, ethical, and professional practices. For more information about ASA, visit americanstaffing.net.
Contact
Megan Sweeney
American Staffing Association
703-253-1151
msweeney@americanstaffing.net
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SOURCE American Staffing Association
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https://www.mysuncoast.com/prnewswire/2022/09/12/locum-tenens-physician-named-2023-national-staffing-employee-year/
| 2022-09-12T16:38:52Z
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Built on the Strength of Iconic Brands, Premium Programming and Massive Reach Across Linear and Streaming to Deliver Unmatched Marketing Solutions for Advertising Partners
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*Visit Press Express for presentation and blue carpet images
NEW YORK, May 18, 2022 /PRNewswire/ -- Paramount Global (NASDAQ: PARA, PARAA) today presented a special edition of 60 Minutes to explore its powerhouse portfolio of leading media platforms, hit content and advertising capabilities during its first in-person Upfront event as a combined company. Through in-depth interviews, profiles and appearances, the talent-packed program featured Paramount's accelerated momentum and differentiated playbook to reach everyone, everywhere, at scale.
"I'm thrilled to be back at Carnegie Hall as Paramount with a great story that showcases our broad leadership and expertise as a premium, multiplatform content company," said Jo Ann Ross, President and Chief Advertising Revenue Officer, U.S. Advertising Sales, Paramount. "We're transcending platforms with the best IP across every genre and demographic, leveraging our leading broadcast, cable and ad-supported streaming assets to deliver a huge footprint of engaged audiences with the highest-quality video reach for our clients."
Paramount continues to be the gold standard for advertising partners, creating enormous value with the most sophisticated suite of data-driven and creative marketing solutions — all optimized for maximum efficiency and ad effectiveness. Offerings include:
- Super Franchises: Allowing advertisers to tap directly into the company's diverse roster of major franchises, deploying high-impact media and premium access across linear, streaming and social, custom marketing integrations and exclusivity.
- Streaming at Scale with EyeQ: One of the biggest premium video ad platforms in digital media, EyeQ makes it easier for partners to activate their marketing across the company's massive digital portfolio in one simple, scaled solution. EyeQ has experienced meteoric growth since its 2020 launch with more than 80 million full-episode monthly viewers — fueled by Paramount+, the fastest growing brand in streaming, and Pluto TV, the No.1 free ad-supported streaming television service in the U.S.
- Inclusive Storytelling with Content for Change: In addition to expansive multicultural marketing solutions reaching diverse audiences, the company's Content for Change initiative underscores Paramount's unique leadership position in the DE&I space by applying research, rigor and data to transform the entire creative ecosystem across content, the creative supply chain that powers it and the culture.
- Advanced Advertising with Vantage: The industry's most sophisticated audience targeting platform, delivering relevance and results across every consumer touchpoint — linear, digital and an addressable TV footprint of more than 50M households.
- Creative Excellence: Providing award-winning creative services, including in-show integrations, custom ad creative, branded programming, and influencer extensions.
- More Measurement Currencies: Leading the charge to offer buyers additional choice with VideoAmp, Comscore, and soon iSpot, powered by OpenAP's XPm to provide cross-publisher, cross-platform reach and frequency optimization.
Today's presentation also underscored Paramount's first-class lineup of entertainment, kids and family, news and sports content. In addition to revealing the 2022-2023 CBS Fall Primetime schedule, the following new programming was highlighted from BET, Comedy Central, MTV, Nickelodeon, Paramount+ and more:
- 1883: The Bass Reeves Story (Paramount+) – Created by Academy Award nominee Taylor Sheridan and starring Emmy Award nominee David Oyelowo, the series is an epic limited series that will bring the legendary lawman of the wild west, Bass Reeves (Oyelowo), to life. Known as the greatest frontier hero in American history, and also believed to be the inspiration for The Lone Ranger, Reeves worked in the post-Reconstruction era as a federal peace officer in the Indian Territory, capturing over 3,000 of the most dangerous criminals without ever being wounded.
- 1932 (Working Title; Paramount+) – Created by "Yellowstone" co-creator Taylor Sheridan, and starring Academy Award winner Helen Mirren and Academy Award nominee Harrison Ford, the series introduces a new generation of the Dutton family and is the next chapter following the enormously successful 1883. The story will explore the early twentieth century when pandemics, historic drought, the end of Prohibition, and the Great Depression all plague the mountain west, and the Duttons who call it home.
- All the Queen's Men (BET, BET+) – Based on the popular book Ladies Night, created by Christian Keyes, the one-hour drama will pick up on the life of "Marilyn 'Madam' DeVille," played by Eva Marcille. In season one, viewers witnessed Madam's swagger as a fierce businesswoman who rules all in the lucrative male exotic nightclub industry. She is surrounded by a band of trusted employees who are down to make sure that Madam and her empire is successful. As her journey continues in season two, she is hell bent on expanding her Queendom. However, she soon discovers that more money and more power mean more problems. Season two will pick up to see her navigate this sexy yet dangerous world if she wants to stay alive and ahead of the game. Fans will also rejoin Madam's loyal team as the following series regulars return: Skyh Alvester Black as "Amp 'Addiction' Anthony," Candace Maxwell as "DJ Dime," Racquel Palmer as "Blue," Michael 'Bolo' Bolwaire as "Doc," Keith 'Fatal Attraction' Swift as "Babyface," Dion Rome as "El Fuego," and Jeremy 'Masterpiece' Williams as "Midnight." Keyes will also reprise his intriguing role as "The Concierge." Additionally, recurring cast member Carter the Body returns as "Trouble" solidifying her spot in Club Eden amongst a roster of hot male counterparts. All The Queen's Men season two is executive produced by Tyler Perry and Christian Keyes. Elon D. Johnson serves as co-executive producer and Angi Bones, Mark Swinton, Will Areu and Tony L. Strickland are producers. All The Queen's Men is one of the first shows from Tyler Perry Studios' scripted development arm, Pitch Black Development LLC. It will debut the second season later in 2022.
- Beavis and Butt-Head (Series; Paramount+) – Beavis and Butt-Head are back and stupider than ever.
- Beavis and Butt-Head Do the Universe (Film; Paramount+) – In perhaps the dumbest space movie ever made, Beavis and Butt-Head are sentenced to Space Camp by a "creative" judge in 1998. Their obsession with a docking simulator (huh huh) leads to a trip on the Space Shuttle, with predictably disastrous results. After going through a black hole, they reemerge in our time, where they look for love, misuse iPhones and are hunted by the Deep State. Spoiler: They don't score.
- Buckhead Shore (MTV) – The shore franchise heads to Buckhead, Georgia to follow the interpersonal lives of a group of friends making a name for themselves in the "Beverly Hills of the South" as they escape their everyday life and head to the lake shore to let loose.
- College Hill: Celebrity Edition (BET, BET+) – BET goes back to school to revive the nostalgic reality series "College Hill: Celebrity Edition. In the reimagined new season, celebrities will live together and join the Historically Black Colleges and Universities (HBCU) Texas Southern University as students. Nene Leakes, Ray J, Lamar Odom, Big Freedia, Stacey Dash, DreamDoll, India Love, and Slim Thug will head back to class to expand their educational horizons. Premiering Summer 2022, the 8-episode series will explore college life through a celebrity lens while showcasing the unique cultural and academic experience of HBCUs. Despite their respective fame and notoriety, each cast member is committed to focusing on their higher education as a personal challenge to prove it's never too late. Enrolled alongside current Texas Southern University students, the cast will work towards completing a specialty certificate program to cross the graduation stage. Though to triumph, like any ordinary college student, they must complete their course work along with required internships, extra credit opportunities, group projects, and more. Who will take the lead on group projects? Who will pull an all-nighter? College Hill is executive produced by Tracey Edmonds for Edmonds Entertainment, Sean Rankine and Mark Seliga for This Way Out Media, and Tiffany Lea Williams for BET.
- DIGMAN! (Comedy Central) – An adult animated adventure comedy series set in a world where archaeologists are cooler than rock stars.
- East New York (CBS) – Stars Amanda Warren as Deputy Inspector Regina Haywood, the newly promoted boss of the 74th Precinct, in East New York – a working-class neighborhood on the edge of Brooklyn in the midst of social upheaval and the early seeds of gentrification. With family ties to the area, Haywood is determined to deploy creative methods to protect her beloved community with the help of her officers and detectives. But first, she has the daunting task of getting them on board, as some are skeptical of her promotion, and others resist the changes she is desperate to make. Her team includes her mentor, shrewd veteran two-star Chief John Suarez (Emmy Award winner Jimmy Smits); Marvin Sandeford (Tony Award winner and current nominee Ruben Santiago-Hudson), a highly respected training officer and expert on the neighborhood; Tommy Killian (Kevin Rankin), a detective with some old-school approaches to policing; Capt. Stan Yenko (Richard Kind), Haywood's gregarious and efficient right hand; Crystal Morales (Elizabeth Rodriguez), an intuitive detective who can't be intimidated; Andre Bentley (Lavel Schley), a trainee from an upper middle-class background; and ambitious patrol officer Brandy Quinlan (Olivia Luccardi), the sole volunteer to live in a local housing project as part of Haywood's plan to bridge the gap between police and community. Regina Haywood has a vision: she and the squad of the 74th Precinct will not only serve their community – they'll also become part of it.
- Fire Country (CBS) – Stars Max Thieriot (SEAL Team) as Bode Donovan, a young convict seeking redemption and a shortened prison sentence by joining an unconventional prison release firefighting program in Northern California, where he and other inmates are partnered with elite firefighters to extinguish massive, unpredictable wildfires across the region. It's a high-risk, high-reward assignment, and the heat is turned up when Bode is assigned to the program in his rural hometown, where he was once a golden all-American son until his troubles began. Five years ago, Bode burned down everything in his life, leaving town with a big secret. Now he's back, with the rap sheet of a criminal and the audacity to believe in a chance for redemption with Cal Fire. Inspired by series star Max Thieriot's experiences growing up in Northern California fire country.
- George & Tammy (Paramount Network) – Chronicles country music's king and queen, George Jones and Tammy Wynette, whose rocky relationship inspired some of the most iconic country music of all time.
- Grease: Rise of the Pink Ladies (Paramount+) – The musical series takes place four years before the original Grease; in 1954 before rock 'n' roll ruled, before the T-Birds were the coolest in the school, four fed-up, outcasts dare to have fun on their own terms, sparking a moral panic that will change Rydell High forever.
- Hall of Love: The Ultimate Dating Experience (VH1) – In this new dating experiment, we'll bring the choices and excitement of dating apps to life! Three single best friends will enter a literal "hall" of eligible men, who are all ready to commit. Inside this dating utopia, the women are in control as they search for real love. But they quickly realize having too many ideal choices is harder than it seems. In the end, they'll have to answer the question, "If you're offered everything you want…will you ultimately choose what you need?"
- Honor Society (Paramount+) – A live-action comedic film that follows Honor (Angourie Rice, Spider-Man: No Way Home, Mare of Easttown), an ambitious high school senior whose sole focus is getting into Harvard, assuming she can first score the coveted recommendation from her guidance counselor, Mr. Calvin (Christopher Mintz-Plasse, Kick-Ass, Superbad). Honor concocts a plan to take down her top three student competitors, until things take a turn when she unexpectedly falls for her biggest competition, Michael (Gaten Matarazzo, Stranger Things, Prank Encounters). Additional cast members include Armani Jackson (Chad, Palm Trees and Power Lines) and Amy Keum (Evil).
- Jersey Shore 2.0 (Working Title; MTV) – It's been 13 years since the iconic cast of Jersey Shore fist-pumped their way into our lives and stole our hearts. Now, the time-honored tradition continues with a new group of roommates moving into their own Shore house. They may have traded their poofs for plumped pouts and UV rays for spray tans, but when things heat up in Jersey, the Shore is still the place to be to make memories all summer long.
- Jodie (Comedy Central) – A spinoff film of the cult classic Daria, follows Jodie Landon as she leaves college, moves to a gentrifying city and begins a job at Firstfinity, a mysterious Google-like tech company.
- Monster High: The Movie (Paramount+) – Mattel, Inc. and Nickelodeon have produced an original live-action TV movie musical based on Monster High, the iconic franchise about the children of famous monsters and creatures. The movie musical event, which marks the first time Monster High will be brought to life in live action, follows Clawdeen Wolf (Miia Harris, Just Beyond), who was born half human and half werewolf, after she arrives at her new school, Monster High. She quickly makes friends with her classmates Frankie Stein (Ceci Balagot, Dispatches from Elsewhere) and Draculaura (Nayah Damasen, Grey's Anatomy), and for the first time in her life, Clawdeen feels like she has finally found a place where she fits in, despite keeping her human half a secret. When a devious plan to destroy Monster High threatens to reveal her real identity, Clawdeen must learn to embrace her true monster heart and find a way to save the day. Monster High: TV Movie will be available on Nickelodeon platforms globally fall 2022.
- Rabbit Hole (Paramount+) – In Rabbit Hole, nothing is what it seems when John Weir (Kiefer Sutherland), a master of deception in the world of corporate espionage, is framed for murder by powerful forces with the ability to influence and control populations.
- Real Husbands of Hollywood: More Kevin, More Problems (BET, BET+) – Kevin, Boris, J.B., Nick, Robin, Nelly and Duane are back together after five years. Their lives have changed since the last time we saw them. Divorces have been finalized, babies have been born, careers have almost been canceled, but Kevin is still up to his shenanigans. This time, trying to win a celebrity charity competition with an out-of-this-world prize. Due to his busy schedule, Kevin is limited on time, but Duane devises a plan to help him lift some of the load off of his plate in hope of his acting career restarting. However, the plan's consequences ripple throughout the friend group causing destruction and now the guys and Trina must figure out how to navigate the mess that they've made.
- Sacrifice (BET, BET+) – Legal thriller Sacrifice starring Paula Patton (Precious, Traffik) takes place in Los Angeles following Daniella Hernandez (Patton), a highly sought-after entertainment lawyer, as she navigates the nefarious lives of her rich and famous clients.
- So Help Me Todd (CBS) – Academy Award winner Marcia Gay Harden and Skylar Astin as razor-sharp, meticulous attorney Margaret Wright (Harden) and Todd (Astin), her talented but scruffy, aimless son whom she hires as her law firm's in-house investigator. As the black sheep of the well-heeled Wright family, Todd is a laid-back, quick-thinking, excellent former private detective who fell on hard times after his flexible interpretation of the law got his license revoked. Margaret's penchant for excellence and strict adherence to the law is at complete odds with Todd's scrappy methods of finding his way through sticky situations: by the seat of his wrinkled pants. When Todd inadvertently teams with his mother on a case, she's surprised to find herself duly impressed by – and proud of – his crafty ability to sleuth out information with his charm and his wide-ranging tech savvy. At last, Margaret sees a way to put her son on a "suitable" path to living an adult, financially solvent life she approves of, and she asks him to join her firm. Todd agrees, since it means getting his license back and once again doing the job he excels at and loves. Mother and son working together is a big first step toward mending their fragile, dysfunctional relationship, and they may even come away with a better understanding of each other at this pivotal point in their lives. But whether Todd and Margaret will be able to accept each other for who they are is another case entirely.
- Teen Wolf the Movie (Paramount+) – A full moon rises in Beacon Hills and with it a terrifying evil has emerged. The wolves are howling once again, calling for the return of Banshees, Werecoyotes, Hellhounds, Kitsunes, and every other shapeshifter in the night. But only a Werewolf like Scott McCall (Tyler Posey), no longer a teenager yet still an Alpha, can gather both new allies and reunite trusted friends to fight back against what could be the most powerful and deadliest enemy they've ever faced.
- The Challenge: World Championship (Working Title; Paramount+) – Winners from four new Challenge series (The Challenge: U.S.A., The Challenge: Argentina, The Challenge: Australia and The Challenge: U.K.) will advance to The Challenge global championship and battle for the first-ever title as The Challenge World Champion.
- The Ms. Pat Show (BET, BET+) – Based on Ms. Pat's stand-up comedy and memoir, The Ms. Pat Show is the story of a former convicted felon turned suburban mom and stand-up comedian, whose hustle and resilient spirit were forged on the streets of Atlanta. To much reserve, she now finds herself in conservative middle America alongside her penny-pinching husband played by J. Bernard Calloway (City On A Hill), a struggle of a sister played by Tami Roman (The Family Business), and two distinct sets of kids played by Theodore Barnes (The Prince of Peoria), newcomer Briyana Guadalupe, Vince Swann (50 Central) and Brittany Inge (Boomerang), the latter two raised under very different circumstances.
- The Real Love Boat (CBS) – The new reality romance adventure inspired by the classic hit scripted series The Love Boat, sets sail on Princess Cruises in 2022. The Real Love Boat brings singles together to travel the Mediterranean on a luxury cruise ship while looking for love. Destination dates, challenges and surprise singles will test the couples' compatibility and chemistry. Like the beloved original scripted series, the indispensable crew members, including "captain" and "cruise director," who will be selected from actual Princess crew members, will play pivotal roles in the matchmaking and navigation of the romantic (and sometimes turbulent) waters ahead. After almost a month at sea, only one winning couple will make it to the final port and take home a cash prize plus a once-in-a-lifetime trip courtesy of Princess Cruises, the series' exclusive cruise line partner.
- The Tiny Chef Show (Nickelodeon) – Herbivore social media sensation The Tiny Chef brings his culinary adventures to Nickelodeon later this year in a brand-new series, produced in association with Imagine Kids+Family, Tiny Chef Productions, and Nickelodeon Animation. Each 11-minute installment follows the talented chef as he whips up tasty 'weshipees' and the world's tiniest plant-based dishes from his tree-stump home with the help of his robot sous chef.
- Transformers: EarthSpark (Paramount+) – Based on the iconic Transformers property, the brand-new animated action-comedy series Transformers: EarthSpark is set to premiere globally on Paramount+ in November. Produced in partnership between Nickelodeon Animation and Hasbro's Entertainment One (eOne), the series introduces a new generation of Transformers robots--the first Transformers robots to be born on Earth--and together with the human family who welcomes them in and cares for them, they'll redefine what it means to be a family.
- True Lies (CBS) – Inspired by James Cameron's hit action/comedy film of the same name, follows Harry (Steve Howey), a first-class international spy for U.S. intelligence agency Omega Sector, and his wife, Helen (Ginger Gonzaga), a language professor bored with her daily routine, who makes the shocking discovery that her seemingly ordinary husband is leading an extraordinary double life. With the secret out, Omega recruits Helen, who impresses everyone with her formidable skills (thanks to Tae Bo and yoga), and she joins Harry and his team of top-notch operatives, embarking on covert missions around the globe and an exhilarating life of danger and adventure. The renewed bond between them adds much-needed sizzle to the Taskers' emotionally distant marriage and upends the top-secret world of Omega Sector. But, as Harry says, if you're going to save the world, you might as well do it for the ones you love.
- Tulsa King (Paramount+) – Creator and Academy Award nominee Taylor Sheridan serves as executive producer alongside Academy Award nominee and Emmy Award winner Terence Winter. The series stars Academy Award nominee Sylvester Stallone as New York mafia capo Dwight "The General" Manfredi, just after he is released from prison after 25 years and unceremoniously exiled by his boss to set up shop in Tulsa, Oklahoma. Realizing that his mob family may not have his best interests in mind, Dwight slowly builds a "crew" from a group of unlikely characters to help him establish a new criminal empire in a place that to him might as well be another plan.
- Tyler Perry's Bruh (BET, BET+) – Tyler Perry's second original series for BET+, the dramedy follows four longtime friends as they navigate life and relationships through the strength of their brother-like bond. In a society where relationships between men of color are often misjudged and misrepresented, Tyler Perry's Bruh, embraces male vulnerability versus hypermasculinity. "Bruh," a slang term made popular by Black-Greek culture, refers to a friend so close they are more like a brother. Whether fulfilling career dreams or finding love, these four college buddies now in their 30's find themselves learning to stand on their own two feet, while leaning on each other for support and guidance. Sometimes their love is tough and their honesty brutal, but they manage to see each other through every scenario with levity and laughter. Tyler Perry's Bruh is executive produced, written, and directed by Tyler Perry.
- Wolf Pack (Paramount+) – Based on the book series by Edo Van Belkom, Wolf Pack follows a teenage boy and girl whose lives are changed forever when a California wildfire awakens a terrifying supernatural creature and drives it to attack a highway traffic jam beneath the burning hills. Wounded in the chaos, the boy and girl are inexplicably drawn to each other and to two other teenagers who were adopted sixteen years earlier by a park ranger after another mysterious wildfire. As the full moon rises, all four teens come together to unravel the secret that connects them - the bite and blood of a werewolf.
About Paramount
Paramount Global (NASDAQ: PARA, PARAA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic studios, networks and streaming services, Paramount's portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. Paramount delivers the largest share of the U.S. television audience and boasts one of the industry's most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, the company provides powerful capabilities in production, distribution and advertising solutions.
For more information about Paramount, please visit www.paramount.com and follow @ParamountCo on social platforms.
PARA-IR
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| 2022-05-18T23:15:14Z
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TUCKER, Ga., Aug. 11, 2022 /PRNewswire/ -- Oglethorpe Power Corporation executive management will discuss second quarter results during a conference call at 11 a.m. Eastern on Wednesday, August 17, 2022. Investors, media and the public may view a live internet webcast or join via telephone.
How to Participate:
Join via Internet Webcast:
Join the live webcast here: https://edge.media-server.com/mmc/p/yybascja. The presentation may be downloaded when the conference begins.
Join via Telephone:
Registration is required to receive dial-in information and a pin number to participate via telephone. Register before or during the conference call here: https://register.vevent.com/register/BIefdf47cf5b49402589c3f533fb00afd1
Shortly following the live presentation, a replay of the webcast will be accessible on the Investor Relations page of Oglethorpe Power's website, www.opc.com/investor-relations.
For investor questions, please contact Joe Rick, Director of Capital Markets & Investor Relations, at 770-270-7240 or via e-mail at joe.rick@opc.com. For media inquiries, please contact Blair Romero, Corporate Communications Manager, at 770-270-7290 or via e-mail at blair.romero@opc.com.
About Oglethorpe Power
Oglethorpe Power is one of the nation's largest power supply cooperatives with more than $15 billion in assets serving 38 Electric Membership Corporations which, collectively, provide electricity to approximately 4.4 million Georgia residents. A proponent of conscientious energy development and use, Oglethorpe Power balances reliable and affordable energy with environmental responsibility and has an outstanding record of regulatory compliance. Its diverse energy portfolio includes natural gas, nuclear, hydroelectric and coal-generating plants with a combined capacity of more than 8,300 megawatts. Oglethorpe Power was established in 1974 and is owned by its 38 Member Systems. Its headquarters are in Tucker, Georgia, an Atlanta suburb. For more information, visit www.opc.com.
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https://www.wibw.com/prnewswire/2022/08/11/oglethorpe-power-second-quarter-2022-investor-briefing-call-be-held-august-17/
| 2022-08-11T15:25:01Z
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The city of Sylvester’s leadership team has begun a strategic planning process with Electric Cities of Georgia (ECG) through its Edge Development Certification Program.
SYLVESTER – The city of Sylvester’s leadership team has begun a strategic planning process with Electric Cities of Georgia (ECG) through its Edge Development Certification Program.
Over the next couple of months, the community leadership group will discuss what its members have learned throughout the educational component, conduct a S.W.O.T. (strengths, weaknesses, opportunities threats) analysis, and come away with a strategy and a project-based implementation plan.
“We are excited to move into the planning stage of Edge Development with so many of our city and county partners," Sylvester City Manager Autron Hayes said. "Each brings a perspective to the planning table that affords the greatest opportunity for success. We want to hear from our community about what is important to them and hear ideas to help lay the foundation for economic growth in the city of Sylvester, Worth County, and our region.”
In early 2022, the city’s leadership team, including the City Council and department heads, began the Edge Development program with a series of educational programs that provided best practices in utility enterprise operations and community development. The initial training served as a prerequisite to the strategic planning process. The city has identified a group of community leaders, including industry stakeholders, religious and civic organizations, and educational and government administrations, to participate and provide community insight into the process. An online survey for community stakeholders also will provide the leadership team feedback from the residents and businesses.
Throughout the curriculum, elected officials and city department leaders heard from industry and academic experts in the areas of utility best practices, return on investment principles, revenue protection, jobs and capital investment creation, and organic growth concepts. Strategic planning relies on these concepts to create a project-based plan for continued growth and success throughout the community.
“Sylvester’s leadership is taking a proactive approach to strategic planning through Edge Development,” Daryl Ingram with ECG said. “The goal of Edge Development is to help community leaders devise and implement short- and long-term strategies for success based on proven economic and community development principles.”
The community is encouraged to get involved by completing the online survey. The survey asks for input on the industry, the current economic indicators, work force, and quality of life aspects and can be accessed on the city’s Facebook page (@cityofsylvester). The results will be incorporated into the implementation plan.
Edge Development is made possible through the partnership of Electric Cities of Georgia, the Municipal Electric Authority of Georgia (MEAG Power), and the Municipal Gas Authority of Georgia (Gas Authority). The program is available for the members of these three organizations. For additional information, contact Michelle Weekley at mweekley@ecoga.org or call (404) 272-0598.
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| 2022-09-06T17:19:23Z
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TS Fiona heads toward Dominican Republic
Published: Sep. 17, 2022 at 9:04 AM EDT|Updated: 31 minutes ago
SARASOTA, Fla. (WWSB) - The National Hurricane Center says that a Hurricane Watch has been issued for the Dominican Republic as Tropical Storm Fiona heads westward.
She has maximum sustained winds of 60 MPH and is tracking west.
A turn toward the northwest is predicted early next week. The center of Fiona is expected to move near or just south of the Virgin Islands and Puerto Rico today through Sunday, and approach the southern or eastern coast of the Dominican Republic Sunday night and Monday.
Fiona is expected to produce heavy rains.
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/09/17/ts-fiona-heads-toward-dominican-republic/
| 2022-09-17T13:41:12Z
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SANTA CLARA, Calif., Sept. 14, 2022 /PRNewswire/ -- SVB Financial Group (SVB), the financial partner of the innovation economy and parent of Silicon Valley Bank, today announced the appointment of Thomas King, former Chief Executive Officer of Investment Banking at Barclays, to its board of directors, effective September 13, 2022. King will also serve on the board's Compensation and Human Capital Committee.
"Tom's proven leadership within complex global financial services firms makes him well suited to join SVB's board as the company continues to grow," said Kay Matthews, Chair of SVB's board of directors. "Tom's expansive knowledge of the financial services industry will contribute to SVB's ability to execute its strategy and deliver long-term value for stakeholders."
SVB provides innovators, enterprises and investors with the services they need to succeed via four complementary businesses: Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities. With $214 billion in assets and more than 7,700 employees globally (as of Q2 2022), SVB strives to improve the probability of its clients' success.
"Over three decades, Tom has leveraged his global banking and corporate finance expertise, regulatory knowledge and keen relationship-building talents to build and transform businesses," said Greg Becker, president and CEO of SVB. "His strategic thinking and values-led leadership will be an asset to our company and our clients."
King has nearly 35 years of experience in corporate and investment banking, and currently serves as an Operating Partner of investment firm Atlas Merchant Capital. From 2014-2016, he served as Chief Executive Officer of Investment Banking at Barclays, overseeing both the banking and markets businesses. In that time, he also served as the Chairman of the Investment Banking Executive Committee and as a member of the Barclays Group Executive Committee.
King began his career at Salomon Brothers, which was later acquired by Citigroup. During his tenure at Citi, he held several senior roles, including Global Head of Mergers and Acquisitions, Head of Investment Banking for the EMEA Region and Head of Corporate and Investment Banking for the EMEA region. King previously served on the board of directors for Leerink Holdings, now SVB Securities, from 2017 to 2018. SVB Financial Group acquired Leerink Holdings in 2018.
King received a Master of Business Administration degree from the Wharton School, University of Pennsylvania and a Bachelor of Arts degree from Bowdoin College. He currently serves on various public, private and nonprofit boards, including the King School in Stamford, Connecticut.
SVB is the financial partner of the innovation economy, helping individuals, investors and the world's most innovative companies achieve their ambitious goals. SVB's businesses - Silicon Valley Bank, SVB Capital, SVB Private and SVB Securities - together offer the services that dynamic and fast-growing clients require as they grow, including commercial banking, venture investing, wealth planning and investment banking. Headquartered in Santa Clara, California, SVB operates in centers of innovation around the world. Learn more at svb.com/global. [SIVB-C]
SVB Financial Group (SVB) (Nasdaq: SIVB) is the holding company for all business units and groups. © 2022 SVB Financial Group. All rights reserved. SVB, SVB FINANCIAL GROUP, SILICON VALLEY BANK, SVB SECURITIES, SVB PRIVATE, SVB CAPITAL and the chevron device are trademarks of SVB Financial Group, used under license. Silicon Valley Bank is a member of the FDIC and the Federal Reserve System. Silicon Valley Bank is the California bank subsidiary of SVB Financial Group.
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| 2022-09-14T21:05:26Z
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2 children hospitalized in Memphis because their specialty formula is out of stock
By Brenda Goodman, CNN
A doctor at Le Bonheur Children’s Hospital in Memphis, Tennessee, says he admitted two young patients — a toddler and a preschooler — because the specialty formula they need is out of stock and they haven’t been able to tolerate any replacements.
The toddler, who had been in the hospital for about a week, was discharged Tuesday. The preschooler, who was admitted in April, remains in the hospital, according to a hospital spokesperson.
“It’s been a crisis since February of shifting and trying to sift through and figure something else to work,” Dr. Mark Corkins, a pediatric gastroenterologist at the hospital who is treating the patients, told CNN in a telephone interview.
The US Food and Drug Administration said Monday that it is making it easier to import certain infant formulas as it works to address a nationwide formula shortage.
Both of the children hospitalized in Memphis have short bowel syndrome and can’t absorb full-size proteins. The condition is rare, affecting about 25 out of every 100,000 infants. They rely on a formula made of amino acids, the building blocks of proteins. These broken-down proteins don’t have to be digested; they can just be absorbed by the gut.
Formula maker Abbott produced about 80% of the specialty formula they need, a brand called EleCare. When its Sturgis, Michigan, production plant shut down in February, patients on that formula were switched to those made by smaller suppliers, and now those stocks have run out too, Corkins said.
He said they tried to use other kinds of formulas, made with chopped-up proteins, but it didn’t work. The kids couldn’t tolerate them and became dehydrated.
“In the hospital, we give them IV fluids, and the other thing we give them is IV nutrition. That’s not ideal,” he said. The doctors want to feed these children by mouth so they can use their gut. The more they use their gut, the more it develops.
Corkins says both children could have stayed home, if it weren’t for their special nutritional needs, but they were hospitalized so they could be fed.
The-CNN-Wire
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https://localnews8.com/news/2022/05/18/2-children-hospitalized-in-memphis-because-their-specialty-formula-is-out-of-stock/
| 2022-05-18T14:32:15Z
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- Almost 85% of corporate training departments feel ill-equipped to create new career paths for employees, according to new Josh Bersin research
- Only15% of L&D organizations are far outperforming their peers, indicating the need for illuminating pathways for how learning and upskilling can help employees grow while helping organizations build critical talent for their future needs
- Advanced L&D teams, by contrast, are delivering a 260% increase in financial results and four-fold+ improvements in growth, innovation, and market leadership through smarter matching of strategic hiring challenges with existing employee ambitions
OAKLAND, Calif., Aug. 10, 2022 /PRNewswire/ -- The Josh Bersin Company, a research and advisory company focused on HR and workforce strategies, has published poignant new market analysis suggesting that most Learning & Development (L&D) functions are behind the curve in providing tangible career paths for employees, despite major recruitment challenges in their organization.
Currently, the majority of corporate training functions feel they lack the integrated tools, and internal skills to effectively create skills taxonomies and career pathways to better align L&D directly with employees' career aspirations and emerging skills gaps across the business.
The research, published in a new global report The Definitive Guide to Learning: Growth in the Flow of Work, suggests that although corporate training has come a long way and is now more integrated within the business-as-usual, employees crave a more "stretching" experience in their working lives, and will go elsewhere if internal career growth paths aren't obvious. Such a move, the study adds, would also simultaneously help fill the gaps in more skilled roles organizations are struggling to fill right now.
The new Bersin report presents a rich, detailed exploration of the current L&D crisis and what leaders need to know to support organizational growth through learning in a fast-moving market. As things stand, a third of the workforce in developed markets leaves their employer each year, because they can't see a meaningful career path ahead of them if they stay.
Successful employers are applying new strategies that simultaneously address both scenarios, the study concludes, and corporate training has an important role to play in enabling targeted opportunity identification and aligned matchmaking and skills development in the flow of everyday work.
Key findings highlighted in the report include:
- 4/5 organizations are currently lagging in most areas of L&D:
- The most impactful L&D practice (from a list of 94) is "creating extensive career growth options"
- The most important L&D capability today is experimenting and innovating with new L&D technologies and approaches
- Leading L&D operations are delivering a 260% increase in financial results and four-fold+ improvements in growth, innovation, and market leadership
- L&D technology has an important role to play in connecting employees with new growth opportunities internally
The new Bersin study includes analyses of employers that are already leveraging the power of learning to facilitate growth in the flow of work with a view to retaining more employees, and filling more specialized roles. Examples include Walmart, Bon Secours Mercy Health, and Rocket Central, which shine a light on what's possible:
- Walmart has built career pathways in its Live Better U program to help store associates develop through employer-sponsored learning and certifications and move into positions critical to the future of their business such as project management, cybersecurity, etc.—helping individuals to grow, while building critical talent for its business needs
- Bon Secours provided a route for laundry service employees who already interact with patients and nurses every day, to become Nurse Assistants, with the future option to become a nurse—fulfilling its parallel need to solve nursing shortages
- Rocket Central has a team of "Thrive" coaches who identify people who would be good fit for different roles internally, counsels them, and points them to learning and resources to apply for and thrive in those new roles.
"The shortages of talent that exist around the world today will only get worse in the future, and half of the battle is keeping existing employees engaged and interested. If workers can build skills that will amplify their career growth potential and find opportunities to apply those skills and grow their careers within your organization, they will be less likely to leave in search of those opportunities outside your organization."
"If they could just harness the latest digital enabling tools and play a more proactive role in matching employees' individual development and career needs with the strategic recruitment challenges of the business, L&D functions have a huge opportunity here."
The Definitive Guide to Learning: Growth in the Flow of Work from The Josh Bersin Company is a broad-based, global industry study that was conducted via:
- Discussions as part of the firm's extensive "Big Reset" discussions
- Excellence survey (1,000 respondents, globally)
- Statistical and descriptive analysis
- Exploratory, validation and case study interviews.
The full report is available to The Josh Bersin Company corporate members, here.
The Josh Bersin Company provides a wide range of research and advisory services, including a corporate membership program, to help HR leaders and professionals tackle the ever-evolving challenges and needs of today's workforce. The firm's research team covers all topics in HR, talent, and L&D, including diversity, equity, and inclusion; employee experience; remote and hybrid work; wellbeing; HR strategy and capabilities; learning and career mobility; HR technology; organization design and development; and talent acquisition and mobility. With the Global Workforce Intelligence (GWI) Project, The Josh Bersin Company also serves to expand its support of market-leading businesses by helping them navigate the challenges of industry convergence while remaining future-focused.
Under the company's umbrella is the Josh Bersin Academy, the world's first global development academy for HR and talent professionals and a transformation agent for HR organizations. The Academy, which has seen more than 50,000 program enrollments since its 2019 launch, offers content-rich online courses, a carefully curated library of tools and resources, and a global community that helps HR and talent professionals stay current on the trends and practices needed to drive organizational success in the modern world of work. Visit www.joshbersin.com or email info@bersinpartners.com.
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https://www.kxii.com/prnewswire/2022/08/10/corporate-training-continues-fall-behind-its-ability-create-tangible-career-paths-employees/
| 2022-08-10T13:22:05Z
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NEW YORK, Aug. 16, 2022 /PRNewswire/ -- Bion Environmental Technologies, Inc. (OTC QB: BNET), a developer of advanced livestock waste treatment technology that dramatically reduces environmental impacts and recovers valuable resources, will be positively impacted by the federal investment tax credits (ITC's) contained in the climate provisions of the Inflation Reduction Act.
Under the new biogas tax credit, the anaerobic digesters (AD) used by Bion's platform to produce methane from the waste, as well as the cleaning and conditioning equipment used to upgrade the biogas to pipeline-quality renewable natural gas, will be eligible for the 30% Investment Tax Credit (ITC). In addition, the bill provides ITCs for solar installations.
The solar tax credits in the Act substantially improve the economics of incorporating solar energy production into Bion's sustainable beef projects. Each 15,000-head beef module, such as those in the recently announced Ribbonwire LOI, will be comprised of barns with about 450,000 square feet (10.3 acres) of available roof space. Adding solar will increase module capex from approximately $43 million to $53 million, before the tax credit. Besides further reducing the carbon footprint of its sustainable beef, Bion believes that implementing its own solar energy production capacity in appropriate locations will provide operational flexibility and a hedge against potentially higher energy costs in the future.
The combined AD and solar costs represent approximately 45 percent of the total project capex of approximately $53 million, so the ITC will effectively reduce costs by $7.2 million per project. In addition, Bion believes the tax credit may also apply to investment in the specialized barns and manure collection system needed to handle the waste and prepare it for processing once regulations are promulgated clarifying the provisions. If so, that would increase the portion of the combined capex benefitting from the Act to approximately 80 percent of total capex, reducing project costs by $12.7 million.
The Act also simplifies the procedure for project owners to monetize the tax credits. Agriculture Secretary Tom Vilsack said, "The law is a once-in-a-generation opportunity to build critical infrastructure, to protect communities from wildfire and extreme heat and to drive climate-smart agriculture and renewable energy initiatives nationwide."
Bill O'Neill, Bion's CEO, said, "The IRA's climate provisions are a big win for the environment, livestock agriculture, and the consumer. The livestock industry is faced with some very real and fundamental challenges, especially beef. Those same challenges also represent transformational opportunities to improve outcomes in all aspects of the beef supply chain: producers, consumers, animal welfare, and environmental and economic sustainability. We very much look forward to embracing that challenge and leading the transition to truly sustainable beef production."
About Bion: Bion's patented third generation technology was designed to largely mitigate the environmental impacts of large-scale livestock production and deliver a USDA-certified sustainable product to the consumer. The platform simultaneously recovers high-value environmentally friendly fertilizer coproducts and renewable energy that increase revenues. Bion's 3G Tech platform can create a pathway to economic and environmental sustainability with 'win-win' benefits for at least a premium sector of the $175 billion U.S. livestock industry and the consumer. For more information, see Bion's website at https://bionenviro.com.
This material includes forward-looking statements based on management's current reasonable business expectations. In this document, the words 'will', 'would', 'may', 'believe(s)', and similar expressions identify certain forward-looking statements. These statements are made in reliance on the Private Securities Litigation Reform Act, Section 27A of the Securities act of 1933, as amended. There are numerous risks and uncertainties that could result in actual results differing materially from expected outcomes.
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| 2022-08-16T18:43:32Z
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WIMBLEDON, England (AP) — Matteo Berrettini, last year’s runner-up at Wimbledon, dropped out of the grass-court Grand Slam tournament hours before he was scheduled to play his first-round match Tuesday, saying that he tested positive for COVID-19.
The eighth-seeded Berrettini became the second high-profile player to pull out of the men’s draw within the first two days because of the illness caused by the coronavirus, joining 2014 U.S. Open champion and 2017 Wimbledon finalist Marin Cilic, who was seeded 14th.
Players are not required by the tournament to get checked for COVID-19 this year; both Berrettini and Cilic said they got tested because they wanted to after having symptoms.
An All England Club spokesperson did not respond to questions about what the level of concern is about COVID-19 at the event or whether additional measures were being taken to prevent spread of the virus, but did say in an email that organizers have been working with the British public health agency and local authorities.
After being canceled in 2020 because of the pandemic, then setting up a bubble-type environment and restricting attendance in 2021 to try to prevent the spread of COVID-19, Wimbledon has returned to normal in every way, with no mask-wearing requirement, full crowds and the famous Queue back in action.
“For the most part, I feel like it’s OK that players are doing it themselves. I mean, I feel like that’s the regulations in the government now: If you feel symptoms, test. That’s what I would do if I felt any COVID symptoms; I would test,” said 18-year-old American Coco Gauff, the runner-up at the French Open this month.
“I think it’s also good now that we don’t have to test every day or every other day. I don’t want to go back to that. Not being scared to be tested, but it’s also a hassle,” said Gauff, who won her first-round match Tuesday. “With the vaccines and everything, we kind of know that the viral load is low and it’s very hard to transfer if you’re a vaccinated individual.”
Berrettini spent time practicing with 22-time Grand Slam champion Rafael Nadal on Centre Court last week and also crossed paths there with Novak Djokovic, who beat Berrettini in last year’s final at Wimbledon.
After winning his first-round match Tuesday, Nadal did not sound too concerned.
“Difficult to be a close contact when you are outside, when you are practicing. … For the moment I am feeling great, no problems at all,” Nadal said. “Main thing is I feel very sorry for him because he was playing fantastic.”
The All England Club announced Berrettini’s withdrawal, and he posted about it on Instagram, saying that he was “heartbroken” and has been isolating “the last few days” after experiencing flu-like symptoms.
The men’s bracket already is missing six of the top 11 in the ATP rankings: No. 1 Daniil Medvedev ( ban on Russians ), No. 2 Alexander Zverev (ankle surgery), No. 8 Andrey Rublev (ban on Russians), No. 9 No. Felix Auger-Alissiame (lost Tuesday), No. 10 Hubert Hurkacz (lost Monday) and No. 11 Berrettini.
Berrettini was supposed to play 44th-ranked Cristian Garín in the first round on Tuesday. Berrettini was replaced in the field by Elias Ymer, who lost in qualifying and then lost to Garín.
Berrettini was considered a title contender for Wimbledon, both because of last year’s run to his first Grand Slam final at the All England Club before losing to Djokovic — and because of his recent form on grass.
“I mean, he is definitely (one of the) top two, three players in the world on grass in the last three years. I mean, his results are testament to that,” Djokovic said on Monday about Berrettini. “Probably, this is his favorite surface. For his game, it’s the most suitable surface. So there is a lot of expectations on his side that he should go far in this tournament.”
The 26-year-old Berrettini, who relies on big serves and big forehands, won two tuneup tournaments on the surface this month, going 9-0 at Stuttgart, Germany, and Queen’s Club in London.
That was how he returned to action after being sidelined since March because of an operation on his right hand.
In all, since the start of 2019, he is 32-3 on grass. Two of those three losses came against six-time Wimbledon winner Djokovic and eight-time champion Roger Federer.
“I have no words to describe the extreme disappointment I feel,” he said. “The dream is over for this year, but I will be back stronger.”
___
More AP Wimbledon coverage: https://apnews.com/hub/wimbledon and https://apnews.com/hub/tennis and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/2021-wimbledon-runner-up-matteo-berrettini-out-with-covid-19/
| 2022-06-29T02:49:32Z
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NEW YORK, June 27, 2022 /PRNewswire/ -- Attention Unilever PLC ("Unilever") (NYSE: UL) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of all persons who purchased or otherwise acquired Unilever American Depositary Receipts between September 2, 2020 and July 21, 2021, inclusive.
If you suffered a loss on your investment in Unilever, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Unilever includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: a) in July 2020, the board of Ben & Jerry's, one of Unilever's marquee brands, passed a resolution to end sales of its ice cream in "Occupied Palestinian Territory" ; and b) this boycott decision risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states.
DEADLINE: August 15, 2022
Aggrieved Unilever investors only have until August 15, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong
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https://www.mysuncoast.com/prnewswire/2022/06/27/class-action-alert-law-offices-vincent-wong-remind-unilever-investors-lead-plaintiff-deadline-august-15-2022/
| 2022-06-27T22:13:44Z
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FINDLAY, Ohio, July 12, 2022 /PRNewswire/ -- Marathon Petroleum Corp. (NYSE: MPC) issued the following statement from John Surma, chairman of the board of directors, on the passing last weekend of its long-serving board member Steve Davis.
"We are so saddened by Steve's passing and the loss of such a vibrant voice on our board. On behalf of our entire Marathon organization, we offer our sincerest and deepest sympathies to the Davis family. We will miss Steve's valuable contributions to our business, his friendship and his uplifting spirit."
Mr. Davis served as a member of the Marathon Petroleum Corporation Board of Directors for nine years.
About Marathon Petroleum Corporation
Marathon Petroleum Corporation (MPC) is a leading, integrated, downstream energy company headquartered in Findlay, Ohio. The company operates the nation's largest refining system. MPC's marketing system includes branded locations across the United States, including Marathon brand retail outlets. MPC also owns the general partner and majority limited partner interest in MPLX LP, a midstream company that owns and operates gathering, processing, and fractionation assets, as well as crude oil and light product transportation and logistics infrastructure. More information is available at www.marathonpetroleum.com.
Investor Relations Contacts: (419) 421-2071
Kristina Kazarian, Vice President
Brian Worthington, Manager
Kenan Kinsey, Analyst
Media Contact: (419) 421-3312
Jamal Kheiry, Communications Manager
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SOURCE Marathon Petroleum Corporation
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https://www.kxii.com/prnewswire/2022/07/12/marathon-petroleum-corp-statement-passing-board-member-steven-davis/
| 2022-07-12T20:18:44Z
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ST. LOUIS, June 7, 2022 /PRNewswire/ -- TCARE Inc., the leading aging-in-place technology and data analytics provider in the elder care space, announces its partnership with Caregiving.com to expand the breadth of support, resources and services available to caregivers. Caregiving.com, the most trusted and recognizable brand in family caregiver support, provides a platform for exclusive training, educational material and local resources to help family members and unpaid caregivers when they need it most.
According to a 2020 report from AARP, there are an estimated 41.8 million caregivers in the United States. Of that, 89% are unpaid caregivers, either family or friends of the care recipient. Unpaid caregivers often report symptoms of burnout -- strained physical and mental health due to elevated stress and lack of support.
The TCARE technology platform identifies the root cause of a caregivers burnout, based on its proprietary protocol. This protocol allows the digital solution, in collaboration with a Certified/Licensed Care Manager, to suggest the most effective tailored intervention specific to where that caregiver is in their own unique family circumstances and situations. By measuring the outcome of each intervention, TCARE calculates the clinical and financial ROI associated with each intervention.
The Caregiving.com environment provides users the ability to engage with educational content and training tools that have been expertly curated based on the Caregiving.com proprietary profiling and content tagging system, including podcasts showcasing family caregiver stories, webinar series featuring expert caregiver knowledge, and exclusively acquired content from industry experts.
This commercial collaboration between TCARE Inc. and Caregiving.com brings together two innovative platforms providing maximum value to customers, creating an unparalleled experience for users, and driving family caregiver support forward.
"This bi-directional partnership extends our goal of providing an integrated consumer and enterprise partner experience," said Ali Ahmadi, CEO of TCARE. "We're able to measure the effectiveness of interventions and results of changes to caregiver's burdens that lead to burnout through our care management activities and our jointly integrated digital platform. Now, we are extending our capabilities through this partnership to real-time caregiver training and education with our partners at Caregiving.com to expand our offerings to the enterprise clients, in a secure & HIPAA compliant platform."
"Our goal is to create a positive societal shift around family caregivers by combining technology and real-life caregiver solutions," said Mike Eidsaune, CEO of Caregiving.com. "That's why this partnership makes so much sense. I truly believe that this partnership will advance family caregiving support and training in every situation where family caregivers are present."
Together TCARE and Caregiving.com continue to move toward the shared goal of supporting caregivers so they can focus on what matters most: taking care of themselves and their loved ones. Not only will this partnership improve the overall quality of life for unpaid caregivers and their care recipients, but it will also help drive clinical and financial ROI for organizations looking to support their members and policyholders.
TCARE's technology is an award-winning, evidence-based family caregiver support solution that uses precision targeting and mapping of resources to reduce family caregiver burnout. TCARE's technology comprises state-of-the-art intelligent machine learning models, data prediction models and analytics that pull Social Determinants of Health (SDOH) data creating innovative LTSS and LTC population health risk management solutions.
For more than 25 years, Caregiving.com has been the premier online community for family caregivers. Caregiving.com is a digital care community connecting caregivers from all backgrounds to curated content and local resources based on a proprietary profiling and tagging system in order to help caregivers succeed in their care journeys.
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SOURCE TCARE
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https://www.wibw.com/prnewswire/2022/06/07/tcare-inc-partners-with-caregivingcom-expand-caregiver-support-offering/
| 2022-06-07T12:41:56Z
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NEW YORK, Aug. 11, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for COIN, SQ, AAPL, AMD, and BAC.
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.
- COIN: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=COIN&prnumber=081120223
- SQ: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=SQ&prnumber=081120223
- AAPL: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=AAPL&prnumber=081120223
- AMD: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=AMD&prnumber=081120223
- BAC: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=BAC&prnumber=081120223
(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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SOURCE InvestorsObserver
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https://www.kxii.com/prnewswire/2022/08/11/thinking-about-trading-options-or-stock-coinbase-block-apple-advanced-micro-devices-or-bank-america/
| 2022-08-11T15:21:23Z
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The 300-mile EV is finally becoming a mainstream commodity, with no fewer than 14 vehicles achieving that benchmark for the 2022 model year, according to the EPA.
As the United States Department of Energy points out, in model year 2016 there was a single model—the Tesla Model S—that achieved a 300-mile range.
Back then a 300-mile range was a holy grail for EV adoption—with half of car buyers in 2016 claiming that an electric car must have 300 miles of range. A 2017 survey suggested that less than 15% of general car shoppers thought 200 miles was enough in an EV.
Range can be a red herring. Those who have owned an EV understand that often, fitting one easily into a lifestyle is more about charging rate, infrastructure, and interface. Going for the biggest possible battery if its whole capacity is rarely used takes time, money, and natural resources.
Regardless, car shoppers are finally getting their wish. The list of model year 2022 EVs offering at least 300 miles of range is diverse, encompassing the BMW i4 and iX, Ford Mustang Mach-E, Hyundai Ioniq 5, Kia EV6, and Lucid Air—which is the current range champ at 516 miles.
No all-electric pickup trucks or off-roaders were on sale in 2016, but now the Ford F-150 Lightning, as well as Rivian’s R1T pickup and R1S SUV, qualify for the 300-mile club.
The Model S is of course still around—now with a maximum range of 405 miles. The Tesla Model 3, Model X, and Model Y also achieve over 300 miles of range in at least one configuration.
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- SparkCharge expands its on-demand EV charging, reports new investment
- US-based Honda-LG battery venture will power future EVs from 2026 on
- Researchers find original USPS analysis on electric mail trucks “significantly flawed”
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https://cw33.com/automotive/internet-brands/2022-is-the-year-of-the-300-mile-ev-epa-data-highlights/
| 2022-09-01T03:41:53Z
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BOSTON (AP) — Denver knocked Michigan out of the Frozen Four. Next comes a chance to match the Wolverines as the most decorated team in college hockey history.
Carter Savoie scored with 14:53 gone in overtime, converting on his own rebound Thursday night to lead the Pioneers past Michigan 3-2 and into the NCAA championship game. A victory would give Denver its ninth hockey title — a total only Michigan has reached.
“When we talk about what we want to do at Denver, it’s about winning championships and getting opportunities to hang banners,” said coach David Carle, whose team will play for the title Saturday night against Minnesota State — a 5-1 winner over Minnesota in the second semifinal.
“To have this opportunity is very special. To do it against Michigan, who is at nine and we’re at eight, is even sweeter,” Carle said. “And hopefully we can tie them and close the gap and reach our goal to getting to 10 first.”
Magnus Chrona made 19 saves for the Pioneers, who went ahead in regulation on goals from Brett Stapley and Cameron Wright. But Jimmy Lambert and Thomas Bordeleau each tied it, the latter with 11 minutes left in regulation.
It stayed that way until Michigan failed to clear the puck from its own zone, with two Wolverines skating past it near the blue line, each leaving it for the other. Savoie grabbed it, sent it on a deflection to Hobey Baker finalist Bobby Brink in the corner and then skated through the middle, waving his stick in the air to call for the pass.
Brink found him, and he delivered the winner on his second try. The Pioneers swarmed around him against the boards while the outnumbered Denver fans celebrated behind the team’s bench.
“That’s what he does,” Denver forward Ryan Barrow said. “He scores big goals, as we all know.”
Carle noted before the overtime that Brink, who leads the nation in scoring with 14 goals and 43 assists in 40 games, and the rest of the Pioneers’ top line had been shut out in regulation.
“They came through in the biggest of moments for us to extend our season,” Carle said.
Erik Portillo stopped 30 shots for the Wolverines, who won their last title in Boston in 1998 under Red Berenson and have only won one game in seven trips to the Frozen Four since then.
“It’s hard to get here. There were some really good teams that never had the opportunity to get here,” said Michigan coach Mel Pearson, who made his 13th trip to the Frozen Four as a coach to go with one as a player.
“You have to be good. And you need a little bit of luck. We just didn’t seem to have any Lady Luck on our side tonight,” he said. “We were in the game. It’s one shot could go either way. The single-game elimination makes it so difficult to win.”
Denver scored first when Stapley picked up a rebound, slid it over to his backhand and easily beat Portillo with eight minutes gone in the first period. Michigan tied it four minutes into the second, when Nolan Moyle dug the puck out from behind the net and sent it in front to Lambert coming across the middle.
Denver took a 2-1 lead when Mike Benning flipped it in from the blue line and Wright it off the post and in.
Michigan tied it with 11 minutes to play in regulation after Mark Estapa threw himself to the ice to block a shot. The puck bounced off him and into the neutral zone, where Michael Pastujov grabbed it and took off.
As he approached the net, he tried to shoot or pass but the puck deflected off a defender and right to Bordeleau, who was trailing the play. His goal made it 2-2, and that’s the way it stayed when Michigan killed off two more penalties — three in all, to none for Denver.
“Discipline has been an issue of ours throughout the season at times. And it was the best it’s been all year in the biggest moment,” Carle said. “We didn’t give the refs any opportunities to make a call on us.”
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https://cw33.com/sports/ap-sports/ncaa-frozen-four-denver-beats-michigan-3-2-in-overtime/
| 2022-04-08T23:52:08Z
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NEW YORK, June 29, 2022 /PRNewswire/ -- Saks Fifth Avenue, the premier destination for luxury fashion, unveiled its upcoming experiences in The Hamptons. This summer, Saks is hosting a series of intimate dinners with celebrities, influencers, designers and more, offering same-day delivery from the Saks Fifth Avenue New York flagship to the hamptons and partnering with BLADE for transportation services.
Throughout the summer, Saks is hosting a series of dinners with designers, influencers and media. To kick it off, Saks is throwing a celebratory dinner at a new restaurant in Southampton, co-hosted by Saks CEO, Marc Metrick, and Emmy-winning actress, TV personality and musical artist, Keke Palmer. Following the kickoff dinner, three more summer events will take place including an afternoon with designer Joseph Altuzarra at his home along with additional designer and influencer moments.
From July through Labor Day, Saks is partnering with BLADE, the most renowned urban air mobility company. During three select weekends (July 15-16, August 5-6 and September 2-3), BLADE fliers will receive a gift from Saks upon check in, including exclusive beauty products from coveted brand U Beauty. In addition, BLADE fliers will enjoy the festive and delightful Saks in the City cocktails from L'Avenue at Saks in BLADE lounges. The BLADE helicopters from New York to the Hamptons will help vacationers travel in signature Saks style.
For the third year in a row, Saks is offering same day delivery to The Hamptons. Through Labor Day, Monday through Friday, customers can receive same-day deliveries when they place an order before 10 a.m. ET for a $25 fee. The service is available for the following addresses: Amagansett, Bridgehampton, East Hampton, Montauk, Sag Harbor, Sagaponack, Southampton, Wainscott, Water Mill and Westhampton.
For more information on same-day delivery, contact hamptons@s5a.com and to learn more about Saks, visit Saks.com.
Saks Fifth Avenue is the premier destination for luxury fashion, driven by a mission to help customers express themselves through relevant and inspiring style. Since 1924, it has delivered one-of-a-kind shopping experiences, featuring an expertly curated assortment of fashion and highly personalized customer service. Saks Fifth Avenue's unique approach combines an emphasis on the digital customer experience with a strong connection to a network of 41 extraordinary stores across North America for seamless, all-channel shopping. Shop on saks.com and the Saks app, or visit saks.com to find a Saks Fifth Avenue store location near you. Follow @saks on Instagram, TikTok, Facebook and Twitter, and @thesaksman on Instagram.
Blade is a technology-powered, global air mobility platform committed to reducing travel friction by providing cost-effective air transportation alternatives to some of the most congested ground routes in the U.S. and abroad. Today, the Company predominantly uses helicopters and amphibious aircraft for its passenger routes and is also one of the largest air medical transporters of human organs for transplant in the world. Its asset-light model, coupled with its exclusive passenger terminal infrastructure, is designed to facilitate a seamless transition to electric vertical aircraft, enabling lower cost air mobility to the public that is both quiet and emission-free.
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SOURCE Saks Fifth Avenue
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https://www.wibw.com/prnewswire/2022/06/29/saks-fifth-avenue-celebrates-summer-hamptons-with-event-series-partnership-with-blade/
| 2022-06-29T15:11:52Z
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VILLANOVA DI SAN DANIELE DEL FRIULI, Udine, Italy, Sept. 12, 2022 /PRNewswire/ -- LimaCorporate, a leading global orthopedic manufacturer focused on digital innovation and patient-tailored devices, today announces that Massimo Calafiore has been appointed by the Board of Directors as the new Chief Executive Officer of the company. Massimo's appointment follows a thorough selection process that considered both internal and external candidates. Emmanuel Bonhomme, who has led the organization during the last five months as interim CEO, will take on the newly created role of Chief Commercial Officer.
Massimo has recently served as Executive Vice President and Chief Commercial Officer of NuVasive, a global leader in orthopedic spine technology. Before that, he was responsible for the Company's Product Marketing and Commercial Functions, as well as the Company's Business Units, NuVasive Specialized Orthopedics, and NuVasive Clinical Services. With more than 20 years of experience in the orthopedic field and extensive knowledge of the global orthopedic markets, he will lead the organization's patient-centric focus and continued investment in innovation and business growth.
Lars Rasmussen, Chairperson of the LimaCorporate Advisory Board, commented: "We strongly believe that Massimo is the right person to lead this new phase of our business. He brings extensive industry experience, excellent strategic and leadership skills and a track record of values-based leadership focused on improving patients' lives. I would like to thank Emmanuel Bonhomme for his dedication as interim CEO and congratulate him on his new role as Chief Commercial Officer."
Emmanuel Bonhomme commented: "It has been a pleasure and an honor to lead LimaCorporate during the last five months as interim CEO and I am very excited to carry on serving our surgeons around the world in my new role. I welcome Massimo as our new CEO and I am committed to supporting him and the Company to continue to enhance LimaCorporate's position in the industry, offering the best and most advanced solutions for our surgeons and patients."
Massimo Calafiore remarked: "I am honored to take on this role as CEO of LimaCorporate. Thanks to our internal talent, know-how, and industry-leading R&D capabilities, I will continue to focus on positioning the company as a global leader in advanced orthopedic solutions. I look forwards to working closely with all the employees and the Leadership Team to continue to serve our surgeons and patients around the globe, as we transform orthopedics, advance patient care, and most importantly, restore the eMotion of Motion in all of our patients.
"I also would like to thank Emmanuel for the passion, energy, and enthusiasm he demonstrated in leading LimaCorporate as interim CEO and the Board of Directors for giving me the opportunity to lead the organization during this new phase of growth, helping patients around the world with our innovative products."
About LimaCorporate
LimaCorporate is a global orthopedic company, focused on digital innovation and patient-tailored hardware, which advances patient-centred care. Its pioneering technological solutions are developed to empower surgeons, and to improve patient outcomes from joint replacement surgery. Its primary focus is on providing reconstructive and custom-made orthopedic solutions to surgeons, enabling them to improve the quality of life of patients by restoring the joy of movement.
Headquartered in Italy, the company operates directly in over 20 countries around the world. LimaCorporate offers products ranging from large joint revision and primary implants, to complete extremities solutions, including fixation.
For additional information on the Company, please visit www.limacorporate.com
Limacorporate spa
Via Nazionale, 52
33038 Villanova di San Daniele
Udine – Italy
t: +39 0432 945511
e.: info@limacorporate.com
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SOURCE Limacorporate S.p.A.
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https://www.wibw.com/prnewswire/2022/09/12/massimo-calafiore-appointed-new-limacorporate-ceo/
| 2022-09-12T09:37:37Z
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Exclusive Software Streamlines Installer Workflow and Accelerates Business Growth
SINGAPORE, April 25, 2022 /PRNewswire/ -- Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN), a global leader in solar innovation and channels, announced today a partnership with leading software provider, OpenSolar, to provide its trusted installer network with Maxeon's SunPower Design, an exclusive software tool with unmatched design accuracy and speed. As a result, Maxeon's installer network can design the industry's most accurate proposals in a matter of minutes, providing their customers with optimal customer service while maximizing their workflow efficiencies. Maxeon's SunPower Design complements the new suite of tools available to installers affiliated with Maxeon. In addition to Maxeon's SunPower Design, the first release of this new suite includes advanced education programs, integrated online ordering including logistics updates, as well as marketing tools and branded merchandise.
"The new digital tools are the cornerstone of our customer-centric business transformation, focused on providing a better experience as well as simplifying the buying process for our trusted channel partners," said Mark Babcock, Chief Revenue Officer of Maxeon Solar Technologies. "We are working hard to deliver a comprehensive, easy-to-use platform to service our channel partners' most pressing needs and solve their pain points so that they can focus on their core business. We expect our digital toolkit to become, release after release, a true virtual assistant for our installers, delivering the right information at the right time to gain efficiency in their sales, procurement and installation processes."
Highlighting OpenSolar partnership strengths, Ralf Elias, Chief Product Officer of Maxeon Solar Technologies, said, "The combined effort with OpenSolar in particular allows us to offer industry-leading software specifically customized to emphasize the value that our premium panel technology can deliver to end customers in the long term, further helping our partners to differentiate from the competition. We expect OpenSolar capabilities to enable us to quickly deploy a new powerful tool to hundreds of installers globally and help them to scale fast in such a pivotal time for the energy transition."
Andrew "Birchy" Birch, Co-Founder at OpenSolar said, "The strength and market-leading accuracy of the OpenSolar platform is perfectly suited to support Maxeon and its network of installers. The customization capabilities we've built ensure that all the benefits of SunPower technology from Maxeon can be accurately modeled and presented to the end customer."
Maxeon's SunPower Design will be initially available to its SunPower-branded channel partners in Europe as well as Australia, and Mexico. To learn more about the new tool and how it can add value to any solar project, please visit our website.
About Maxeon Solar Technologies
Maxeon Solar Technologies (NASDAQ: MAXN) is Powering Positive Change™. Headquartered in Singapore, Maxeon designs and manufactures Maxeon® and SunPower® brand solar panels, and has sales operations in more than 100 countries, operating under the SunPower brand in certain countries outside the United States. The company is a leader in solar innovation with access to over 1,000 patents and two best-in-class solar panel product lines. Maxeon products span the global rooftop and solar power plant markets through a network of more than 1,400 trusted partners and distributors. A pioneer in sustainable solar manufacturing, Maxeon leverages a 35-year history in the solar industry and numerous awards for its technology. For more information about how Maxeon is Powering Positive Change™ visit us at www.maxeon.com, on LinkedIn and on Twitter @maxeonsolar.
About OpenSolar
OpenSolar launched in 2019 with a mission to scale solar globally by providing installers with innovative software technology and an equally innovative business offering – the world's first entirely free-to-use design and sales platform. Solar installers can use OpenSolar's end-to-end platform to manage and grow their businesses all in one place with class-leading solar design accuracy, interactive custom proposals, and a portfolio of fully integrated financing options, products, and services. Instead of charging a licensing fee, OpenSolar provides its software free of charge and instead derives revenue from its hardware and finance partner affiliates. By utilizing OpenSolar, installers can avoid costly software licensing fees and instead, invest more money into other areas of their businesses, confident they are using the very best design and sales tools available in the market, all for free. OpenSolar is based in Sydney, Australia, with remote offices in the U.S. For more information, visit www.opensolar.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the anticipated product launch timing and our expectations regarding ramp, efficiency, customer acceptance and demand, market traction, upsell and expansion opportunities; the company's expectations of the timing and success of its product offering strategy in existing and in new markets, including our anticipated areas of focus and investment, market expansion, product and technology focus and projected growth and profitability. These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. A detailed discussion of these factors and other risks that affect our business is included in filings we make with the Securities and Exchange Commission ("SEC") from time to time, including our most recent report on Form 20-F, particularly under the heading "Item 3.D. Risk Factors." Copies of these filings are available online from the SEC or on the Financials & Filings section of our Investor Relations website at https://corp.maxeon.com/financials-filings/sec-filings. All forward-looking statements in this press release are based on information currently available to us, and we assume no obligation to update these forward-looking statements in light of new information or future events.
© 2022 Maxeon Solar Technologies, Ltd. All Rights Reserved. MAXEON is a registered trademark of Maxeon Solar Technologies, Ltd. Visit https://corp.maxeon.com/trademarks for more information.
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SOURCE Maxeon Solar Technologies, Ltd.
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https://www.mysuncoast.com/prnewswire/2022/04/25/maxeon-solar-technologies-teams-up-with-opensolar-provide-advanced-design-proposal-tool-installers/
| 2022-04-25T13:33:24Z
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CHICAGO, June 30, 2022 /PRNewswire/ -- Sikich announced today that it has signed an asset purchase agreement to acquire the operating assets of Petrow Kane Leemhuis, PC, a public accounting firm based in Indianapolis. The move expands Sikich's presence in the Indianapolis area, a priority market for the firm.
"Continuing to grow in the Indianapolis market is a top priority for Sikich," said Tom Krehbiel, partner at Sikich and leader of the firm's CPA practice. "Adding the Petrow Kane Leemhuis team strengthens the audit, tax and advisory services we deliver to clients in Indiana and enhances the foundation for us to scale in this key market."
Petrow Kane Leemhuis offers audit and attest, tax, accounting, and a range of business services, including succession planning. The firm supports businesses, large and small, across a range of industries, as well as individuals.
"We are impressed by Sikich's technology-driven offerings and excited to leverage the firm's wide range of services and growth-focused expertise," said Kevin Petrow, president and managing partner of Petrow Kane Leemhuis. "By joining forces with Sikich, we can offer new, innovative solutions to help our clients solve pressing challenges, and present our employees with expanded professional growth opportunities."
Approximately 12 Petrow Kane Leemhuis employees will join Sikich. The team will join Sikich's newly transformed Indianapolis office. The transaction is scheduled to close on June 30.
Sikich LLP is a global company specializing in technology-enabled professional services. With more than 1,400 employees, Sikich draws on a diverse portfolio of technology solutions to deliver transformative digital strategies and ranks as one of the largest CPA firms in the United States. From corporations and not-for-profits to state and local governments and federal agencies, Sikich clients utilize a broad spectrum of services* and products to help them improve performance and achieve long-term, strategic goals.
*Securities offered through Sikich Corporate Finance LLC, member FINRA/SIPC. Investment advisory services offered through Sikich Financial, an SEC Registered Investment Advisor.
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SOURCE Sikich
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https://www.kxii.com/prnewswire/2022/06/30/sikich-expands-indianapolis-with-acquisition-petrow-kane-leemhuis/
| 2022-06-30T15:49:31Z
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Everything you need to know to fight sunburns, premature aging and skin cancer this summer
By Madeline Holcombe, CNN
The bright red spot, tender skin, days of peeling — it’s only part of the sun damage story.
Sunburns are the most immediately annoying evidence of too much time spent unprotected in the sun, but what we often don’t see right away is the accelerated skin aging and risk of skin cancer that can go along with them.
“Unfortunately, skin cancer rates are still rising, and we do everything we can to try to minimize that, and using sunscreen is one component of that,” said Dr. Darrell Rigel, clinical professor of dermatology at Mount Sinai Icahn School of Medicine in New York City.
The Environmental Working Group released its annual guide to sunscreen use Thursday, with lists of its recommended sunscreens, including options for kids, mineral and nonmineral varieties, and moisturizers and lip balms with SPF. The EWG does not make revenue from these lists, according to a spokesperson.
The guide comes in time for the warmer months, as many people begin to spend more time outside, but good sun protection is important even if it’s cool or cloudy, and whether you are sitting by a window, out skiing, or at the beach, dermatologists said.
“Obviously, summertime we are more exposed to more sun, but any given day we should be conscious of the fact that ultraviolet radiation is an established, well-known carcinogen, aside from the fact that it can accelerate the aging of skin,” said Dr. Adam Friedman, professor and chair of the department of dermatology at the George Washington School of Medicine and Health Sciences.
Who needs it
Short answer: everyone.
Longer answer: Darker skin does provide more protection against the sun, but that doesn’t mean it is completely immune to sun damage, the experts said.
According to US data, people of color are at a lower risk for melanoma than White people, but they still face a risk, Rigel said.
And if you look up images of a sunburn, you are likely to see the condition’s bright red marks on pale skin, but that has to do with a lack of representation, Friedman said. Sunburns can appear on all skin types — in many colors — and can result in premature aging for anyone.
The problem is that representation is also limited in sun protection. Even on light skin, sunscreen often goes on thick, heavy and too white. For people of color, it’s still more problematic.
“There’s not one product that is going to be appropriate for everyone,” Friedman said. “Finding one that plays nice on the skin is not always easy.”
Fortunately, some mineral-based sunscreens are coming out with lines that are tinted to try to match skin tones, but Friedman said it’s important to shop around and find one that feels good and matches your complexion, so that you will use it regularly. Some mineral-based sunscreens also go on clear.
“The best sunscreen is the one you will use again and again and again,” he said.
How to apply
One application should use about an ounce — or one shot glassful — of sunscreen, said Carla Burns, EWG’s senior director for cosmetic science.
“We recommend opting for lotions (over) stick products, it is a lot easier to get that adequate even layer of protection,” she added.
There are two types of sunscreens, Rigel said, the kind you use every day and those you use when you plan to spend prolonged time outside.
In everyday wear, Friedman recommended finding products that double up as moisturizers or makeup with SPF to ensure that you make sun protection an easy part of your routine.
If you are heading out for a day in the sun, Burns said it’s important to remember to reapply your sunscreen every two hours — or after playing in the water — to maintain the right level of protection.
In either case, sun protection should go anywhere that skin is exposed to the sun — that could mean your face, hands, ears or the part in your hair. And your lips and the surfaces around your eyes are thin and vulnerable to sun damage, so make sure they have SPF protection, too, Friedman said.
What SPF to look for
“You want at least an SPF 35 — that’s a minimum,” Rigel said.
But is there a maximum? Well, that is where the experts differed in their advice.
The EWG recommended against really high SPF sunscreens, saying that they can mislead people into thinking that they can be out in the sun for a longer period of time without reapplying.
And no, you can’t stay out longer if you have on an SPF 100, Rigel agreed. But he said he often recommends his patients opt for the higher number as a safety net.
What to look for on the label
There is no such thing as a waterproof sunscreen, so Rigel said to look for a water-resistant product instead.
And when it comes to fighting premature aging and skin cancer — not just sunburn — it’s crucial to make sure that your sunscreen has broad spectrum UVA/UVB coverage, Friedman said.
The EWG recommends mineral-based sunscreens. The ingredients to look for to find those products are zinc oxide and titanium dioxide, Burns said.
Are there ingredients to avoid?
Some nonmineral sunscreens use an ingredient called oxybenzone, which has been linked in some studies to harm to marine life.
Some countries and regions have prohibited the sale of products containing oxybenzone in the past few years due to environmental concerns, Burns said.
What reinforcements to add
Sunscreens are helpful tools to protect against sun damage and skin cancer, but they are not the only ones.
When possible, it can also be helpful to wear a hat, cover with clothing, avoid hours when the sun is at its peak (from 10 a.m to 4 p.m.) and stay in the shade, said Emily Spilman, a science analyst for the healthy living team at the EWG.
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https://localnews8.com/health/cnn-health/2022/05/04/everything-you-need-to-know-to-fight-sunburns-premature-aging-and-skin-cancer-this-summer/
| 2022-05-05T06:34:11Z
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Mexican president wants to re-name drug growing area
MEXICO CITY (AP) — Mexican President Andrés Manuel López Obrador says he wants to change the name of a notorious drug-producing area known as “the Golden Triangle” to “The Triangle of Good, Hard-Working People”. The remote, mountainous area in northern Mexico is where the three states of Chihuahua, Sinaloa and Durango meet. Drug cartels have long used the area to grow marijuana and opium poppies. But López Obrador said Friday during a visit to the region the name unfairly stigmatized residents. López Obrador has sometimes praised drug cartel leaders and in 2019 ordered the release of Ovidio Guzman, one of “El Chapo” Guzman’s sons, to avoid bloodshed.
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https://localnews8.com/news/ap-national/2022/05/27/mexican-president-wants-to-re-name-drug-growing-area/
| 2022-05-28T01:21:14Z
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ATI Physical Therapy Reports Second Quarter 2022 Results; Revises Guidance for Full Year 2022
Published: Aug. 8, 2022 at 4:10 PM EDT|Updated: 43 minutes ago
BOLINGBROOK, Ill., Aug. 8, 2022 /PRNewswire/ -- ATI Physical Therapy, Inc. ("ATI" or the "Company") (NYSE: ATIP), the largest single-branded outpatient physical therapy provider in the United States, today reported financial results for the second quarter ended June 30, 2022.
"Patient demand remains strong as referrals and visits continued to increase quarter over quarter. While the productivity of our providers increased quarter over quarter, allowing more patients to receive timely care, we did not meet our growth targets," said Sharon Vitti, Chief Executive Officer of ATI. "We believe the opportunities in front of us are within reach, and our teams are aggressively working to expand our provider workforce and increase capacity to care for more patients."
Joe Jordan, Chief Financial Officer of ATI, said, "The company continues to navigate headwinds within a tight labor market. While revenue and margin increased quarter over quarter as the Company continues to work to increase clinic and labor utilization, the pace of improvement has been muted in the second quarter by a competitive market for physical therapists. While turnover has improved year over year, with an ATI clinician annualized turnover rate of 27% in the second quarter (37% inclusive of contractors), our hiring has not grown to the levels required to support our growth plans. As such, we revised full year 2022 guidance. With this and a rising interest rate environment, we also recorded non-cash goodwill and intangible asset impairment charges in the quarter totaling approximately $128 million."
Ms. Vitti continued, "There is much work to be done, and I look forward to leading this talented team as they continue to write ATI's next chapter with tenacity and purpose."
Second Quarter 2022 Results
Supplemental tables of key performance metrics for the first quarter of 2019 through the second quarter of 2022 are presented after the financial statements at the end of this press release. Commentary on performance results in the second quarter of 2022 is as follows:
Net operating revenue was $163.3 million compared to $153.8 million in the first quarter of 2022 and $164.0 million in the second quarter of 2021, an increase of 6% quarter over quarter and essentially flat year over year.
Visits per Day ("VPD") were 22,403 compared to 21,062 in the first quarter of 2022 and 21,569 in the second quarter of 2021, an increase of 6% quarter over quarter and 4% year over year.
VPD per Clinic were 24.2 compared to 22.9 in the first quarter of 2022 and 24.3 in the second quarter of 2021, an increase of 1.3 visits quarter over quarter and a decrease of 0.1 visit year over year. The increase was muted by the tight labor market for physical therapists with clinical FTE essentially flat quarter over quarter.
Rate per Visit was $103.57 compared to $103.06 in the first quarter of 2022 and $106.26 in the second quarter of 2021, essentially flat quarter over quarter and a decrease of 3% year over year. The year over year decrease was primarily due to the 2022 Medicare Physician Fee Schedule, which introduced a 0.75% decrease in overall rates and an additional 15% decrease in rates paid for services performed by physical therapy assistants, and unfavorable mix shifts in payors, states and services.
Salaries and related costs were $89.6 million compared to $87.4 million in the first quarter of 2022 and $80.9 million in the second quarter of 2021, an increase of 3% quarter over quarter due to wage inflation and an increase of 11% year over year due to higher number of clinical FTE and wage inflation.
PT salaries and related costs per Visit were $53.64 compared to $55.47 in the first quarter of 2022 and $48.22 in the second quarter of 2021, a decrease of 3% quarter over quarter due to improved labor productivity partially offset by wage inflation and an increase of 11% year over year primarily due to wage inflation, adding clinic support staff, and lower labor productivity.
Rent, clinic supplies, contract labor and other was $50.4 million compared to $51.6 million in the first quarter of 2022 and $44.1 million in the second quarter of 2021, a decrease of 2% quarter over quarter due to lower expenditures on a per clinic basis and an increase of 14% year over year due to more clinics and higher expenditures on a per clinic basis.
PT rent, clinic supplies, contract labor and other per Clinic was $53,017 compared to $54,472 in the first quarter of 2022 and $47,857 in the second quarter of 2021, a decrease of 3% quarter over quarter primarily due to lower spend related to clinical events and an increase of 11% year over year primarily driven by greater use of contract labor compared to prior year while the Company works to fill open positions.
Provision for doubtful accounts was $3.5 million compared to $3.6 million in the second quarter of 2021. PT provision as a percent of net patient revenue was 2% in both quarters.
Selling, general and administrative expenses were $31.8 million compared to $30.0 million in the first quarter of 2022 and $26.4 million in the second quarter of 2021, an increase of 6% quarter over quarter primarily due to a probable legal settlement arising from a payor billing dispute, partially offset by lower debt refinancing fees, and an increase of 21% year over year due to the aforementioned legal settlement, higher public company operating costs and non-ordinary legal and regulatory costs, partially offset by lower transaction costs.
Non-cash goodwill impairment charge was approximately $87.9 million, and the non-cash trade name indefinite-lived intangible asset impairment charge was approximately $40.0 million. Due to an increase in discount rate, driven by an increase in Treasury rates, and revised near-term Company expectations given current labor market headwinds it was determined that the fair value amounts of goodwill and trade name were below their respective carrying amounts.
Income tax benefit was $13.0 million compared to $23.3 million in the first quarter of 2022 and $19.7 million in the second quarter of 2021.
Net loss was $135.7 million compared to $138.2 million in the first quarter of 2022 and $439.1 million in the second quarter of 2021.
Adjusted EBITDA1 was $5.4 million compared to $(4.7) million in the first quarter of 2022 and $24.0 million in the second quarter of 2021. Quarter over quarter, the increase was primarily driven by higher revenue, lower rent, clinic supplies, and contract labor costs and lower provision for doubtful accounts. Year over year, the decrease was primarily due to higher cost of services and higher selling, general, and administrative expenses as detailed above.
Adjusted EBITDA margin was 3% compared to (3)% in the first quarter of 2022 and 15% in the second quarter of 2021.
Net increase (decrease) in cash was $31.1 million year-to-date 2022 compared to $(51.6) million in the first six months of 2021.
Operating cash use was $32.7 million year-to-date 2022 compared to $27.1 million in the first six months of 2021. Cash repaid in connection with the Medicare Accelerated and Advance Payment Program ("MAAPP") under the CARES Act was $10.8 million year-to-date 2022 compared to $3.8 million in the first six months of 2021.
Investing cash use was $17.6 million year-to-date 2022, with 22 new clinics opened, compared to $18.9 million in the first six months of 2021 and 20 new clinics opened.
Financing cash generation (use) was $81.4 million year-to-date 2022 compared to $(5.5) million in the first six months of 2021. In February 2022, the Company refinanced its first lien term loan with a new credit agreement and issued Series A preferred stock with detachable warrants, adding approximately $77 million to the balance sheet after payment of transaction fees.
Summary of key balance sheet items as of June 30, 2022 is as follows:
Cash and cash equivalents totaled $79.7 million, and the revolving credit facility was undrawn with available capacity of $48.2 million, net of usage by letters of credit, equaling $127.9 million in available liquidity.
The Company's credit agreement includes a minimum liquidity covenant of $30.0 million through the first quarter of 2024. Liquidity, as defined under the Company's credit agreement, was $103.8 million as of June 30, 2022.
Other notable achievements in the second quarter of 2022 were as follows:
Opened 10 new clinics in existing states, including Maryland and Pennsylvania; and 6 clinics were closed. This brings the total number of clinics to 926. The Company continues to capitalize on growth opportunities in individual markets, while optimizing its footprint and financial return in other local markets.
Net Promotor Score ("NPS") of 75 and Google Star Rating of 4.9, reflecting continued high customer satisfaction and brand loyalty.
2022 Guidance
ATI revises full year 2022 guidance for net operating revenue to be in a range of $635 million to $655 million and Adjusted EBITDA1 to be in a range of $5 million to $15 million. The change in guidance is driven by the challenging labor market reducing the number of clinical FTE expected in the second half of 2022 along with increasing labor cost pressures.
The Company maintains new clinic openings guidance to be approximately 35.
1 Refer to "Non-GAAP Financial Measures" below.
Second Quarter 2022 Earnings Conference Call
Management will host a conference call at 5:00 p.m. Eastern Time on August 8, 2022 to review second quarter 2022 financial results. The conference call can be accessed via a live audio webcast. To join, please access the following web link, Q2 2022 Earnings Conference Call, on the Company's investor relations website at https://investors.atipt.com at least 15 minutes early to register, and download and install any necessary audio software. A replay of the call will be available via webcast for on-demand listening shortly after the completion of the call, at the same web link, and will remain available for approximately 90 days.
About ATI Physical Therapy
At ATI Physical Therapy, we are passionate about potential. Every day, we restore it in our patients and activate it in our team members in our more than 900 locations in 25 states. With outcomes from more than 2.5 million unique patient cases, ATI is making strides in the industry by setting quality standards designed to deliver predictable outcomes for our patients with musculoskeletal (MSK) issues. ATI's offerings span across a broad spectrum for MSK-related issues. From preventative services in the workplace and athletic training support to outpatient clinical services and online physical therapy via our online platform, CONNECT™, a complete list of our service offerings can be found at ATIpt.com. ATI is based in Bolingbrook, Illinois.
Forward-Looking Statements
All statements other than statements of historical facts contained in this communication are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may generally be identified by the use of words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "project," "forecast," "predict," "potential," "seem," "seek," "future," "outlook," "target" or other similar expressions (or the negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding expected clinical FTE, the impact of physical therapist attrition, anticipated visit and referral volumes and other factors that may impact the Company's overall profitability and estimates and forecasts of other financial and performance metrics and projections of market opportunity. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of ATI's management and are not predictions of actual performance. These forward-looking statements are estimates only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and may differ from assumptions, and such differences may be material. Many actual events and circumstances are beyond the control of ATI. These forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to:
those factors discussed in our amended S-1 registration statement filed with the SEC on April 12, 2022 under the heading "Risk Factors," and our Form 10-K for the fiscal year ended December 31, 2021 and other documents filed, or to be filed, by ATI with the SEC.
If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements, including our forecast update. There may be additional risks that ATI does not presently know or that ATI currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, the forward-looking statements in this communication reflect ATI's expectations, plans or forecasts of future events and views as of the date of this communication. ATI anticipates that subsequent events and developments will cause ATI's assessments with respect to these forward-looking statements to change. However, while ATI may elect to update these forward-looking statements at some point in the future, ATI specifically disclaims any obligation to publicly update any forward-looking statement, whether written or oral, which may be made from time to time, whether as a result of new information, future developments or otherwise, unless required by applicable law. These forward-looking statements should not be relied upon as representing ATI's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements.
Non-GAAP Financial Measures
To supplement the Company's financial information presented in accordance with GAAP and aid understanding of the Company's business performance, the Company uses certain non-GAAP financial measures, namely "Adjusted EBITDA" and "Adjusted EBITDA margin." We believe Adjusted EBITDA and Adjusted EBITDA margin (i.e. Adjusted EBITDA divided by Net Operating Revenue) assist investors and analysts in comparing our operating performance across reporting periods on a consistent basis by excluding items that we do not believe are indicative of our core operating performance.
Management believes these non-GAAP financial measures are useful to investors in highlighting trends in our operating performance, while other measures can differ significantly depending on long-term strategic decisions regarding capital structure, the tax jurisdictions in which we operate and capital investments. Management uses these non-GAAP financial measures to supplement GAAP measures of performance in the evaluation of the effectiveness of our business strategies, to make budgeting decisions, to establish discretionary annual incentive compensation and to compare our performance against that of other peer companies using similar measures. Management supplements GAAP results with non-GAAP financial measures to provide a more complete understanding of the factors and trends affecting the business than GAAP results alone.
Adjusted EBITDA and Adjusted EBITDA margin are not recognized terms under GAAP and should not be considered as an alternative to net income (loss) or the ratio of net income (loss) to net revenue as a measure of financial performance, cash flows provided by operating activities as a measure of liquidity, or any other performance measure derived in accordance with GAAP. Additionally, these measures are not intended to be a measure of cash available for management's discretionary use as they do not consider certain cash requirements such as interest payments, tax payments and debt service requirements. The presentations of these measures have limitations as analytical tools and should not be considered in isolation, or as a substitute for analysis of our results as reported under GAAP. Because not all companies use identical calculations, the presentations of these measures may not be comparable to other similarly titled measures of other companies and can differ significantly from company to company.
Please see "Reconciliation of GAAP to Non-GAAP Financial Measures" below for reconciliations of non-GAAP financial measures used in this release to their most directly comparable GAAP financial measures. We are unable to provide a reconciliation between forward-looking Adjusted EBITDA to its comparable GAAP financial measure without unreasonable effort, due to the high difficulty and impracticability of predicting certain amounts required by GAAP with a reasonable degree of accuracy by the date of this release.
Contacts
Investors: Joanne Fong SVP, Treasurer and Head of Investor Relations ATI Physical Therapy investors@atipt.com (630) 296-2222 x 7131
Press Inquiries: Rob Manker Director of Customer Marketing & Public Relations ATI Physical Therapy warren.manker@atipt.com 630-296-2222 ext. 7432
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.mysuncoast.com/prnewswire/2022/08/08/ati-physical-therapy-reports-second-quarter-2022-results-revises-guidance-full-year-2022/
| 2022-08-08T20:53:48Z
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NEW YORK, June 3, 2022 /PRNewswire/ -- Concord Acquisition Corp (NYSE: CND) (the "Company") today announced that its board of directors has approved an extension of the period of time the Company has to consummate its initial business combination by six months from June 10, 2022 to December 10, 2022 (the "Extension"), as permitted under the Company's amended and restated certificate of incorporation.
In connection therewith, pursuant to the transaction agreement, dated February 16, 2022, among Circle Internet Financial Limited, a private company limited by shares incorporated in Ireland ("Circle"), the Company and others, Circle is expected to deposit $2,760,000 (the "Extension Payment") into the trust account of the Company for its public stockholders by June 8, 2022, representing $0.10 per public unit sold in the Company's initial public offering, which will enable the Company to effectuate the Extension.
About Concord Acquisition Corp
Concord Acquisition Corp is a special purpose acquisition company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the financial services or financial technology industries. The Company's sponsor is an affiliate of Atlas Merchant Capital LLC, an investment firm that offers debt and equity investment strategies, seeking long-term value through differentiated expertise in financial services and credit markets. Concord raised $276 million in its initial public offering in December 2020 and is listed on the NYSE under the symbol "CND".
About Circle
Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. Circle is the issuer of USD Coin (USDC), one of the fastest growing dollar digital currencies powering always-on internet-native commerce and payments. Today, Circle's transactional services, business accounts, and platform APIs are giving rise to a new generation of financial services and commerce applications that hold the promise of raising global economic prosperity for all through the frictionless exchange of financial value. Additionally, Circle operates SeedInvest, a leading startup fundraising platform in the U.S.
Important Information and Where to Find It
A full description of the proposed transactions (collectively, the "Transactions") is provided in the registration statement on Form S-4 (No. 333-258582) filed with the Securities and Exchange Commission (the "SEC") by the Circle Internet Finance Public Limited Company (the "Combined Entity"), as amended, that includes a proxy statement for the stockholders of the Company that also constitutes a prospectus of the Combined Entity. The Combined Entity, Circle and the Company urge investors, stockholders and other interested persons to read the preliminary proxy statement/prospectus as well as other documents filed with the SEC because these documents will contain important information about the Company, Circle and the Transactions. After the registration statement is declared effective, the definitive proxy statement/prospectus to be included in the registration statement will be mailed to stockholders of the Company as of a record date to be established for voting on the Transactions. Stockholders will also be able to obtain a copy of the proxy statement/prospectus, without charge, by directing a request to: Concord Acquisition Corp, 477 Madison Avenue, 22nd Floor, New York, NY 10022. The preliminary and definitive proxy statement/prospectus to be included in the registration statement can also be obtained, without charge, at the SEC's website (www.sec.gov).
Participants in the Solicitation
The Combined Entity, Circle and the Company and their respective directors and executive officers may be considered participants in the solicitation of proxies with respect to the proposed transactions under the rules of the SEC. Information about the directors and executive officers of the Company is set forth in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, which was filed with the SEC on March 4, 2022 (the "2021 Annual Report"). Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of the stockholders in connection with the proposed transactions is set forth in the proxy statement/prospectus filed with the SEC. These documents can be obtained free of charge from the sources indicated above.
Non-Solicitation
This communication is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed business combination and shall not constitute an offer to sell or a solicitation of an offer to buy any securities nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act.
Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements", including with respect to the Extension and the Company's expectation that Circle will make the Extension Payment. Forward-looking statements are subject to numerous risks and conditions, many of which are beyond the control of the Company, including Circle's inability to make the Extension Payment to enable the Company to effectuate the Extension, as well as those set forth in the Risk Factors section of the 2021 Annual Report and in other documents of the Company filed, or to be filed, with the SEC. Copies of these documents are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact:
Concord Acquisition Corp
Jeff Tuder
jeff@tremsoncapital.com
View original content:
SOURCE Concord Acquisition Corp
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https://www.wibw.com/prnewswire/2022/06/03/concord-acquisition-corp-announces-intention-extend-period-consummate-initial-business-combination/
| 2022-06-03T22:59:31Z
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South Carolina deputy shot and killed in the line of duty
MOORE, S.C. (FOX Carolina/Gray News) – A deputy with the Spartanburg County Sheriff’s Office died after responding to a domestic incident Tuesday afternoon.
According to the sheriff’s office, 25-year-old Deputy Austin Derek Aldridge was shot as he approached the home around 3:20 p.m.
WHNS reports he was taken to the hospital where he died around 9:30 p.m.
Deputies said the suspect, identified as Duane Heard, took off in a vehicle after the shooting.
Officials followed Heard and tried to stop him but said he acted like he was going to surrender before firing at deputies again.
SWAT agents and K-9 units found Heard in the woods, where he was arrested.
According to authorities, Heard was shot twice, but it is unclear when he was hit. He was taken to the hospital for treatment and is expected to live.
“Deputy Aldridge’s actions day in and day out changed lives. We will miss you Austin,” the sheriff’s office said in a post on Facebook.
Copyright 2022 WHNS via Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/06/22/south-carolina-deputy-shot-killed-line-duty/
| 2022-06-22T15:45:40Z
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CUTE: Farm animal pen pals help kids learn social-emotional skills
DENVER, Colo. (KUSA) – When the pandemic took classrooms away from children, there were some consequences. It was especially tough on younger kids, who may have missed out on developing social and emotional skills.
As classrooms opened back up, a psychologist in Colorado saw the need and wanted to help in that area.
Dr. Jessica Pfeiffer said the pandemic has impacted young students’ social interactions.
“When COVID hit, there were so many changes moving to that remote learning and it was a space that the kids could share, ‘Hey, I miss being with my friends. I miss routines.’”
Pfieffer said they missed developmental opportunities.
“We created Barn Buddies, which is a pen pal program that students get to write to the animals about life and the animals read the letters and write back,” she said.
They write to the pigs, the goats, and the alpacas.
The barn buddies all respond with the help of Natalie Hittmeier.
She told the children that she feels like she can understand what the animals are saying.
“I don’t want to be the spoiler of bad news, but the animals actually cannot write,” Pfeiffer said.
Hittmeier said she doesn’t speak for the animals, she interprets for them.
“They whisper in my ear. I listen and I write it down and I send it back,” she said.
Hittmeier is a social worker, working on kids’ mental health.
“No one’s trying to fool the kids. It’s, for us, coming from that social-emotional perspective, how we are able to create this safe space so that the kids can communicate about everything that they’re feeling,” Hittmeier said. “Your animal isn’t going to say something mean to you like your friend might if they’re not thinking.”
Hittmeier said the animals will bring up an issue that they’re having with one of their friends.
“Say one of their friends is being mean to them and they don’t know what to do, and so they’ll ask the kids for help and guidance on what to do in those situations,” Hittmeier said.
Chloe James is a first-grader happy to offer advice to her friends on the farm.
“They wanted to know questions about, like, how they could interact with their feelings,” she said.
Like the other children, Chloe was happy to finally meet her penpal.
“More than ever right now, we need avenues for our students to connect, not just with humans, but with animals,” Pfeiffer said.
Pfeiffer said the farm visit teaches children about non-threatening behavior.
“I think there’s something very holistic about being in a relationship with an animal,” she said.
The Barn Buddies program works with schools to teach children through a neurobiological lens, not just an academic one.
Copyright 2022 KUSA via CNN Newsource. All rights reserved.
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https://www.kxii.com/2022/07/04/cute-farm-animal-pen-pals-help-kids-learn-social-emotional-skills/
| 2022-07-04T23:20:42Z
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NEW YORK , June 28, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. (NASDAQ: ARQQ) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of: (i) all persons or entities who purchased or otherwise acquired Arqit securities between September 7, 2021 and April 18, 2022, inclusive; and/or (ii) all holders of Centricus securities as of the record date for the special meeting of shareholders held on August 31, 2021 to consider approval of the merger between Arqit and Centricus (the "Merger") and entitled to vote on the Merger.
Lead Plaintiff Deadline: July 5, 2022
No obligation or cost to you.
Learn more about your recoverable losses in ARQQ:
https://www.kleinstocklaw.com/pslra-1/arqit-quantum-inc-f-k-a-centricus-acquisition-corp-loss-submission-form?id=29209&from=4
Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. NEWS - ARQQ NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. made materially false and/or misleading statements and/or failed to disclose that: (1) Arqit's proposed encryption technology would require widespread adoption of new protocols and standards for telecommunications; (2) British cybersecurity officials questioned the viability of Arqit's proposed encryption technology in a meeting in 2020; (3) the British government was not an Arqit customer but, rather, providing grants to Arqit; (4) Arqit had little more than an early-stage prototype of its encryption system at the time of the Merger; and (5) as a result, Defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. you have until July 5, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the ARQQ lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/arqit-quantum-inc-f-k-a-centricus-acquisition-corp-loss-submission-form?id=29209&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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https://www.wibw.com/prnewswire/2022/06/28/arqq-alert-klein-law-firm-announces-lead-plaintiff-deadline-july-5-2022-class-action-filed-behalf-arqit-quantum-inc-fka-centricus-acquisition-corp-shareholders/
| 2022-06-28T11:15:16Z
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HUNT VALLEY, Md., June 28, 2022 /PRNewswire/ -- The Board of Directors of McCormick & Company, Incorporated (NYSE:MKC) declared a quarterly dividend of $0.37 per share on its common stocks, payable July 25, 2022 to shareholders of record July 11, 2022. McCormick's current annualized dividend rate of $1.48 per share represents an increase of 9% over the annual dividend of $1.36 per share paid in fiscal year 2021.
This is the 98th year of consecutive dividend payments by the Company.
About McCormick
McCormick & Company, Incorporated is a global leader in flavor. With over $6 billion in annual sales across 170 countries and territories, we manufacture, market and distribute spices, seasoning mixes, condiments and other flavorful products to the entire food industry including e-commerce channels, grocery, food manufacturers and foodservice businesses. Our most popular brands with trademark registrations include McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's, Zatarain's, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane and Gourmet Garden. Every day, no matter where or what you eat or drink, you can enjoy food flavored by McCormick.
Founded in 1889 and headquartered in Hunt Valley, Maryland USA, McCormick is guided by our principles and committed to our Purpose – To Stand Together for the Future of Flavor. McCormick envisions A World United by Flavor where healthy, sustainable and delicious go hand in hand. To learn more, visit www.mccormickcorporation.com or follow McCormick & Company on Twitter, Instagram and LinkedIn.
For information contact:
Investor Relations:
Kasey Jenkins - kasey_jenkins@mccormick.com
Corporate Communications:
Lori Robinson - lori_robinson@mccormick.com
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SOURCE McCormick & Company, Incorporated
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https://www.mysuncoast.com/prnewswire/2022/06/28/mccormick-declares-037-quarterly-dividend/
| 2022-06-28T21:11:52Z
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JERUSALEM (AP) — Israel advanced plans for the construction of more than 4,000 settler homes in the occupied West Bank on Thursday, a rights group said, a day after the military demolished homes in an area where hundreds of Palestinians face the threat of expulsion.
It was a jolting illustration of Israel’s policies in the territory it has occupied for nearly 55 years. Critics, including three major human rights groups, say those policies amount to apartheid, a charge Israel rejects as an attack on its very legitimacy.
Hagit Ofran, an expert at the anti-settlement watchdog group Peace Now, told The Associated Press that a military planning body approved 4,427 housing units at a meeting on Thursday that she attended. “The state of Israel took another stumble toward the abyss and further deepened the occupation,” she tweeted.
Spokespeople for the Israeli government and the military body in charge of civilian affairs in the West Bank did not respond to requests for comment.
It’s the biggest advancement of settlement projects since the Biden administration took office. The White House opposes settlement construction and views it as an obstacle to any eventual peace agreement with the Palestinians.
There was no immediate comment from the administration on Thursday’s decision. But last week, when the first reports emerged of the impending settlement approval, State Department spokeswoman Jalina Porter reiterated that the U.S. “strongly” opposes settlement expansion.
Most of the international community considers the settlements illegal and supports a two-state solution to the conflict. But neither the United States nor other world powers have given Israel — the stronger party — any incentive to accede to such an arrangement. Israel says Palestinian leaders have rejected proposals by previous governments that would have given them a state.
Israel views the West Bank as the biblical and historical heartland of the Jewish people. Prime Minister Naftali Bennett, who once led the main settler organization, is opposed to Palestinian statehood, but his government has taken steps to improve economic conditions for Palestinians.
Israel approved some 3,000 settler homes in October, brushing aside a rebuke from the U.S., its closest ally. Peace talks with the Palestinians broke down more than a decade ago, in part because of Israel’s continuing construction on lands the Palestinians want for a future state.
On Wednesday, Israeli troops demolished at least 18 buildings and structures in the West Bank following a Supreme Court decision that would force at least 1,000 Palestinians out of an area Israel designated as a firing zone in the early 1980s.
B’Tselem, another Israeli rights group, said 12 residential buildings were among the structures that were demolished, in villages in the arid hills south of the West Bank city of Hebron.
Residents of the Masafer Yatta say they have been living in the region, herding animals and practicing traditional desert agriculture for decades, long before Israel captured the West Bank in the 1967 war. The Supreme Court sided with the military, which says there were no permanent structures in the area before it was designated a training zone.
“What’s happening now is ethnic cleansing,” Sami Huraini, an activist and a resident of the area, told the AP. “They are trying to expel the people from this land, saying they never lived here permanently, which is a lie.”
He said residents of the area where the demolitions were carried out are determined to remain there. “The people are staying on their land and have already started to rebuild,” he said.
The military declined to comment on the demolitions.
Neighboring Jordan, which made peace with Israel in 1994, condemned both the settlement expansion and the forced displacement of Palestinians, calling it a “a flagrant violation of international law.”
Israel has built more than 130 settlements across the West Bank that today are home to nearly 500,000 settlers, who have Israeli citizenship. Nearly 3 million Palestinians live in the territory under open-ended Israeli military rule. The Palestinian Authority exercises limited self-rule over parts of the West Bank and cooperates with Israel on security matters.
The Palestinians want the West Bank to form the main part of a future state, along with east Jerusalem and Gaza, all territories seized by Israel in the 1967 war. Israel annexed east Jerusalem in a move not recognized internationally, and Israel and Egypt imposed a blockade on Gaza after the Palestinian militant group Hamas seized power there in 2007.
The Palestinians view the expansion of settlements in the West Bank and annexed east Jerusalem as a major obstacle to any future peace deal because they reduce and divide up the land on which such a state would be established.
___
Associated Press writer Ilan Ben Zion in Jerusalem contributed.
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https://cw33.com/news/ap-top-headlines/rights-group-israel-approves-building-of-4k-settler-homes/
| 2022-05-13T11:43:33Z
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Wednesday forecast: Cooler the rest of the week
Next best chance of rain Thursday evening
TOPEKA, Kan. (WIBW) - While there still may be a few leftover showers with an isolated t-storm through mid-morning, most of today will be dry as well as tonight.
The next best chance of rain will come through Thursday evening although there is a low chance for showers/storms Thursday afternoon. This could come with a risk of strong to severe storms (hail/wind threat). Once we get past tomorrow night’s storms, the active weather pattern will come to an end with mainly dry conditions in the extended forecast.
Today: Isolated showers/storm through mid-morning with decreasing clouds. The humidity will gradually decrease as well so by the end of the day, it’ll be a nice evening. Highs in the upper 70s-low 80s. Winds N 5-15, gusts up to 20 mph.
Tonight: Mostly Clear. Lows in the mid-upper 50s. Winds become calm so it’ll be a nice night to have the windows open without worry of storms.
Tomorrow: Increasing clouds. Slight chance of showers/storms in the afternoon. Highs in the low-mid 80s. Winds S 5-10 mph.
The better chance of storms pushes through Thursday night. There does remain differences in the models on exact timing of when the highest chance of rain will be so this will need to be fine-tuned tomorrow. As of now it may be similar to last night with the timing with the storms moving into areas along the Nebraska border around sunset and progressing southeast through the evening and early overnight period.
Other than a left-over shower/storm Friday morning, most of Friday will be dry with partial clearing late in the day. Highs may be slightly cooler than Thursday with upper 70s-low 80s.
This weekend will start to warm up with 80s Saturday and 90s are possible on Sunday. In fact it’s possible that the 90° from the 8 day is still too cool. It is worth noting one of the models is indicating some light rain showers Saturday morning and Sunday morning but even if anything were to develop, we’re talking less than 0.10″ and other long range models are keeping the area dry.
Highs will reach the mid to possibly upper 90s Monday for the hottest day of the next 8 days before a cold front pushes through late Tuesday. Timing of the front will determine how hot it will get Tuesday and timing of the storms but will keep it for Tuesday night.
Taking Action:
- Any leftover showers/storms this morning shouldn’t last long and this afternoon will be dry.
- Low chance of storms Thursday afternoon (don’t cancel outdoor plans if you have any just stay updated on the latest forecast). Better chance of storms Thursday night with severe weather possible.
- Summer heat returns Sunday and lasts into Tuesday so 3 days of possibly intense heat in some areas. Lows Monday and Tuesday mornings will be stuck in the 70s so make sure you are ready for this with your AC and if you plan on doing any outdoor activities make sure you’re hydrated.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/06/08/wednesday-forecast-cooler-rest-week/
| 2022-06-08T09:52:39Z
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Amazon Prime members get Grubhub+ membership for free
Published: Jul. 6, 2022 at 1:52 PM CDT|Updated: 13 minutes ago
(Gray News) - Amazon Prime has teamed up with Grubhub+ to offer Prime members in the United States an exclusive deal.
Effective immediately, Prime members qualify for a free, one-year Grubhub+ membership with no food-delivery fees on eligible orders.
Members can order food in more than 4,000 cities from thousands of restaurants across the country.
The offer includes unlimited, $0 food delivery on orders over $12, according to a press release.
Prime members just need to visit amazon.com/grubhub to activate the deal.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.wibw.com/2022/07/06/amazon-prime-members-get-grubhub-membership-free/
| 2022-07-06T19:05:48Z
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Donald Trump is considering waiving executive privilege for Steve Bannon, according to two sources familiar with the situation, but federal prosecutors don't believe the former President's privilege claims shielded his longtime political adviser in the first place.
Donald Trump is considering waiving executive privilege for Steve Bannon, according to two sources familiar with the situation, but federal prosecutors don't believe the former President's privilege claims shielded his longtime political adviser in the first place.
Trump, sources told CNN, might pen a letter memorializing his position that could be used in Bannon's defense, which they say could clear a path for Bannon to testify before the House select committee investigating the January 6, 2021, insurrection.
The Washington Post first reported that Trump is considering writing the letter.
Bannon is set to go on trial later this month on criminal contempt charges after he refused to cooperate with the House panel, citing broad executive privilege claims -- the first case of its kind to result from the landmark congressional investigation. He has pleaded not guilty to the contempt charges.
Even if Bannon agrees to testify before the committee, that is not a remedy in a criminal contempt of Congress case, so it's still unclear what impact this would have on his upcoming trial.
Bannon and several other conservatives have tried to fight the select committee's subpoenas in court, but their arguments have been repeatedly rejected by federal judges.
Legal experts have said Bannon's privilege claims are shaky in part because he had left his White House role years before the US Capitol attack. "There is no executive privilege. This is a ploy to mess up his criminal case," CNN analyst Norm Eisen said.
The Justice Department also did not buy Bannon's privilege claims and indicted him last year.
Last month, Judge Carl Nichols of the DC District Court rejected Bannon's motion to dismiss the case against him, including his arguments that the House select committee's subpoenas were illegal and that he was protected by the secrecy of the presidency because he had been in contact with Trump at the end of his administration.
At trial, Justice Department prosecutors, who received a referral from the House to prosecute him, will need to prove a relatively narrow case if they are to secure a conviction -- that Bannon willfully refused to respond to the congressional inquiry. He will not be able to argue he relied on the advice of his lawyer, the judge has already ruled.
This story has been updated with additional details Friday.
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https://www.albanyherald.com/news/trump-considering-waiving-executive-privilege-claim-for-bannon-but-prosecutors-say-he-was-never-shielded/article_8822bf3b-cd28-5784-8d80-ef059f18049a.html
| 2022-07-09T16:21:57Z
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TCSD #1 summer food service program begins June 20
JACKSON, Wyo. (KIFI) - Teton County School District #1 has announced a sponsorship of the summer food service program for children.
Meals are available at no charge to children 18 years of age and younger.
Meals will be served on Monday through Friday from June 20 to August 26. It will be closed July 4.
Breakfast will be served 8:15 a.m. to 9:30 a.m., and lunch will be served 11 a.m. to 1 p.m.
Meals will be served at the following locations:
- Colter Elementary Breakfast and Lunch
- 1855 High School Road
- Jackson, WY 83001
- Jackson Elementary School
- 200 North Willow Street
- Jackson, WY 83001
Questions may be directed to Danny Reed, Food and Nutrition Director Teton County School District #1 307-732-3757.
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https://localnews8.com/news/education/2022/05/29/tcsd-1-summer-food-service-program-begins-june-20/
| 2022-05-29T16:39:11Z
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The sports betting affiliate looks set to consolidate its position as the frontrunner in educative video content in the industry.
HALIFAX, NS, June 16, 2022 /PRNewswire/ -- Covers.com, the leading sports betting information site in North America, has today announced content partnerships with three professional sports bettors, and a former professional football player and media personality.
Covers will team up with professional bettors Right Angle Sports, 'Hitman', and Brad Powers to expand the popular Release Show concept during the NFL and college football season in 2022-23.
Having first debuted in February 2022, the Release Show gives viewers the opportunity to hear the thought process of professional bettors and bet with them live on stream in order to get the best value. The shows were an immediate hit with the community, with viewership climbing steadily during the college basketball and NBA seasons.
Adam Chernoff, Senior Content Strategist at Covers, said, "Release Shows give bettors a glimpse into what professional betting is really like. Betting media is full of shows that give out picks, but few, if any of them, have influence over the betting market."
"Professional bettors move lines when they bet which makes sharing their information difficult to scale. We believe we have solved that problem as demonstrated during the basketball and college football seasons and expect that viewer numbers could be over five times higher for football season."
Covers has also announced that it will be partnering with Davis Sanchez for a second consecutive year. Sanchez is a former San Diego Chargers cornerback and three-time CFL Grey Cup champion who has since become a Canadian media personality.
Sanchez will join Covers CFL betting analyst Rohit Ponnaiya for The Chez and Ro Show, a twice-weekly CFL betting show that promises to surface the sharpest information on the market. Sanchez will also contribute to Covers' NFL video content for the 2022-23 season.
About Covers.com
Based in Halifax, Nova Scotia, Covers.com is the go-to source for sports betting information in North America. Trusted by over 20 million users a year, the company has been going strong since 1995, building a team of experienced leaders and forging an integrity-led brand in an industry where that's not always the norm.
A global heavyweight with big ambitions and a shared commitment to people and culture, Covers continues to expand rapidly with the intention of bringing our expertise to more users than ever before.
Logo: https://mma.prnewswire.com/media/1627849/Covers_logo.jpg
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https://www.mysuncoast.com/prnewswire/2022/06/16/coverscom-bolsters-its-video-offering-with-four-major-sports-betting-partnerships/
| 2022-06-16T18:41:57Z
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Brand officially enters women's category, bridging the gap of comfort and fashion with elevated casualwear
HUNTINGTON BEACH, Calif., May 3, 2022 /PRNewswire/ -- TravisMathew has announced its official launch of TravisMathew Womens, the brand's first-ever apparel collection made for women. The new collection will take an elevated approach to the trend towards casualization – made for the women that do it all and to be a bridge between comfort and fashion.
Beginning today, the women's line will be available direct-to-consumer online and in the majority of TravisMathew retail locations nationwide. The new collection consists of knits and layers in wearable colors and high-quality fabrics. Customers can expect to find wardrobe staples and hard-hitting pieces that transcend every woman's closet.
"We have a fast-growing customer base where over 25% of purchases are made by women, so we know there is already a demand and we have been working on a strategy to launch a women's line for a long time," said TravisMathew CEO Ryan Ellis. "We didn't plan on launching this new line until we identified a gap in the market for our line, which we see landing between comfort and fashion. We are proud to announce this launch and excited about the opportunity for this new women's sector to be one of the fastest growing areas of our business moving forward".
As one of the most popular menswear brands in the country, TravisMathew is incredibly excited to launch their women's category. Designed for an intuitive fit and soft, lightweight feel, TravisMathew Women's follows the success of their first-ever women's product featured in the 2021 His and Hers Cloud Collection, which sold out in a matter of days.
"We see elevated casualwear for women as a white space in the market and set out to create a line that filled this void, while still following the brand's vision of crafting apparel that truly epitomizes our California roots," said Lindsay Browder, TravisMathew's Director of Women's Product. "The line is designed to take an elevated approach to the trend of casualization with the goal of being the go-to brand for customers who are looking for apparel that lives outside of niche trends and fads. Our product will be offered in fabrics that rival the luxury brands, in accessible designs that can effortlessly transition a modern woman through her busy life."
TravisMathew values the voice of their customers and plans to shape the future of the line based on customer feedback and support. The initial women's line is an item-driven collection, and the brand will look to expand in the fall to showcase a full-fashion line and even more so come spring 2023.
For more information, please visit travismathew.com/women and follow along on social @travismathewwomens
About TravisMathew Women's: TravisMathew is a leading innovator in lifestyle & performance apparel, who believes that comfort and fashion should always go hand in hand. After noticing that's rarely the norm for women's clothing, they set out to deliver elevated styles with elevated comfort. Each TravisMathew Women's product is created with attention to detail, designed for an intuitive fit and soft, lightweight feel. Inspired by real women, this collection highlights women's beauty and leaves customers looking and feeling effortlessly confident every day. TravisMathew prides itself on being approachable. Anyone and everyone can look great—and feel great—in TravisMathew. For more information, please visit www.travismathew.com/women
Forward-Looking Statements: Statements used in this press release that relate to projected financial results (including projections of net sales), consumer trends and behavior, and our strategy, are forward-looking statements as defined under the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "estimate," "could," "should," "intend," "may," "plan," "seek," "anticipate," "project" and similar expressions, among others, generally identify forward-looking statements, which speak only as of the date the statements were made and are not guarantees of future performance. These statements are based upon current information and expectations. Accurately estimating the forward-looking statements is based upon various risks and unknowns, including disruptions to business operations from additional regulatory restrictions in response to the COVID-19 pandemic (such as travel restrictions, government-mandated shut-down orders or quarantines) or voluntary "social distancing" that affects employees, customers and suppliers; production delays, closures of manufacturing facilities, retail locations, warehouses and supply and distribution chains; staffing shortages as a result of remote working requirements or otherwise; uncertainty regarding global economic conditions, particularly the uncertainty related to the duration and ongoing impact of the COVID-19 pandemic, and related decreases in customer demand/spending and ongoing increases in operating and freight costs; global supply chain constraints and challenges; continued availability of credit facilities and liquidity and ability to comply with applicable debt covenants; effectiveness of capital allocation and cost/expense reduction efforts; continued brand momentum and product success; growth in the direct-to-consumer and e-commerce channels; ability to realize the benefits of the continued investments in Callaway Golf Company's (the "Company") business; consumer acceptance of and demand for the Company's and its subsidiaries' products and services; cost of living and inflationary pressures; any changes in U.S. trade, tax or other policies, including restrictions on imports or an increase in import tariffs; future consumer discretionary purchasing activity, which can be significantly adversely affected by unfavorable economic or market conditions; future retailer purchasing activity, which can be significantly negatively affected by adverse industry conditions and overall retail inventory levels; and future changes in foreign currency exchange rates and the degree of effectiveness of the Company's hedging programs. Actual results may differ materially from those estimated or anticipated as a result of these risks and unknowns or other risks and uncertainties, including the effect of terrorist activity, armed conflict, natural disasters or pandemic diseases, including expanded outbreak of COVID-19 and its variants, on the economy generally, on the level of demand for the Company's and its subsidiaries' products and services or on the Company's ability to manage its operations, supply chain and delivery logistics in such an environment; and delays, difficulties or increased costs in the supply of components or commodities needed to manufacture the Company's products or in manufacturing the Company's products. For additional information concerning these and other risks and uncertainties that could affect these statements and the Company's business, see the Company's Annual Report on Form 10-K for the year ended December 31, 2021 as well as other risks and uncertainties detailed from time to time in the Company's reports on Forms 10-Q and 8-K subsequently filed with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to republish revised forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
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https://www.mysuncoast.com/prnewswire/2022/05/03/travismathew-launches-first-ever-womens-apparel-collection/
| 2022-05-03T16:52:24Z
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AVENTURA, Fla. and NATICK, Mass., May 18, 2022 /PRNewswire/ -- Cytovia Therapeutics, LLC ("Cytovia Therapeutics"), a global biotechnology company focused on harnessing the power of natural killer (NK) cells to fight cancer through multispecific antibodies and stem cell engineering, announced today that it will be presenting at the the Annual European Hematology Association's (EHA) 2022 Hybrid Congress, taking place June 9 – 12, 2022 at the Messe Wien Exhibition and Congress Center in Vienna, Austria, and online.
The abstract was released on May 12, 2022. The e-poster presentation will be published on the virtual congress platform on Friday, June 10.
Details of Cytovia's poster presentation:
Title: NOVEL MULTIFUNCTIONAL TETRAVALENT CD38 NKP46 FLEX-NK ENGAGERS ACTIVELY TARGET AND KILL MULTIPLE MYELOMA CELLS
Session Title: Poster session
Session date and time: Friday, June 10, 2022 - 16:30 - 17:45 CEST
Final Abstract Code: P842
Presenting Author: Jean Christophe Bories
Summary: CYT-338 is a tetravalent IgG1-like multifunctional NK cell engager antibody with a novel FLEX-linker that simultaneously binds CD38-expressing cells and NK cells via the activation receptor NKp46. The in vitro and in vivo activity of CYT-338 was studied in myeloma models. CYT-338 showed specific dose-dependent binding to CD38 expressing MM cells with ~ 2-fold higher mean fluorescence intensity than daratumumab. Epitope mapping studies suggest binding of CYT-338 to a CD38 epitope distinct from daratumumab. CYT-338 showed greater dose dependent NK cell redirected cytolysis, degranulation, and cytokine production against MM1S cells compared to daratumumab. CYT-338 combined with peripheral blood NK cells inhibited tumor growth in a MM1S-NSG mouse model. CYT-338 showed minimal immune subset depletion, NK cell fratricide, and cytokine release compared to daratumumab in human PBMCs in-vitro. These results suggest that the CYT-338 engager has a favorable NK cell engager profile for targeting CD38-expressing multiple myeloma distinct from daratumumab.
About Cytovia Therapeutics
Cytovia Therapeutics is developing novel cell therapies and immunotherapies aimed at addressing solid and hematological tumors with significant unmet medical needs. Cytovia Therapeutics is focusing on harnessing the innate immune system by developing complementary and disruptive NK-cell and NK-engager antibody platforms. The company is developing three types of iPSC-derived (or iNK) cells: unedited iNK cells, TALEN® gene-edited iNK cells with improved function and persistence, and TALEN® gene-edited iNK cells with chimeric antigen receptors (CAR-iNKs) to improve tumor-specific targeting. The second complementary cornerstone technology is a quadrivalent multifunctional antibody platform designed to engage natural killer cells by targeting NKp46 using Cytovia Therapeutics's proprietary Flex-NK™ technology.
These two technology platforms are being used to develop treatments for patients with solid tumors such as HCC and glioblastoma as well as hematological malignancies such as refractory multiple myeloma.
Headquartered in Aventura, FL, Cytovia Therapeutics has research and development laboratories in Natick, MA, and a cell manufacturing facility in Puerto Rico. The company's own R&D work is augmented through scientific partnerships with Cellectis, CytoImmune, the Hebrew University of Jerusalem, INSERM, the New York Stem Cell Foundation and the University of California San Francisco (UCSF).
Cytovia Therapeutics has a strategic partnership with CytoLynx Therapeutics, which is focused on research and development, manufacturing, and commercialization activities in Greater China and beyond.
As previously announced on April 26, 2022, Cytovia Therapeutics entered into a Merger Agreement and Plan of Reorganization with Isleworth Healthcare Acquisition Corp. ("Isleworth"), a publicly traded special purpose acquisition company, providing for a business combination that would result in Cytovia Therapeutics becoming a publicly traded company. The transaction is expected to close in the second half of 2022, subject to the satisfaction of customary closing conditions, including the approval of the shareholders of Cytovia Therapeutics and Isleworth.
Find out more at www.cytoviatx.com and follow us
on Facebook, Twitter, LinkedIn, YouTube, and Instagram.
About CD38
Cluster of differentiation 38 (CD38) is a type II receptor membrane glycoprotein that plays a role in cell adhesion, migration, and signal transduction. Additionally, CD38 is an ectoenzyme involved in generation of nucleotide metabolites, such as ADP-Ribose that regulate cell metabolism. CD38 is highly expressed in multiple myeloma (MM) on malignant plasma cells and is also moderately expressed on normal T, B, NK and myeloid cells. Antibodies targeting CD38, such as daratumumab and isatuximab, are FDA approved for the treatment of MM as monotherapy and in combination.
Additional Information and Where to Find It
Isleworth Healthcare Acquisition Corp. ("Isleworth") (NASDAQ: ISLE) intends to file a registration statement on Form S-4 with the Securities Exchange Commission (the "SEC"), which will include a proxy statement/prospectus, that will be both the proxy statement to be distributed to holders of Isleworth's common stock in connection with its solicitation of proxies for the vote by Isleworth's stockholders with respect to the proposed business combination pursuant to an Merger Agreement and Plan of Reorganization entered into on April 26, 2022, by and between Isleworth, Cytovia Holdings, Inc., the parent company of Cytovia Therapeutics ("Cytovia"), IHAC First Merger Sub Inc., a direct, wholly-owned subsidiary of Isleworth, IHAC Second Merger Sub LLC, direct, wholly-owned subsidiary of Isleworth, and Isleworth Healthcare Sponsor I, LLC (the "Business Combination") and other matters as may be described in the registration statement, as well as the prospectus relating to the offer and sale of the securities to be issued in the business combination. After the registration statement is declared effective, Isleworth will mail a definitive proxy statement/prospectus and other relevant documents to its stockholders. This communication does not contain all the information that should be considered concerning the Business Combination and is not intended to form the basis of any investment decision or any other decision in respect of the business combination. Isleworth's stockholders and other interested persons are advised to read, when available, the preliminary proxy statement/prospectus included in the registration statement and the amendments thereto and the definitive proxy statement/prospectus and other documents filed in connection with the Business Combination, as these materials will contain important information about Cytovia, Cytovia Therapeutics, Isleworth and the Business Combination. When available, the definitive proxy statement/prospectus and other relevant materials for the Business Combination will be mailed to stockholders of Isleworth as of a record date to be established for voting on the Business Combination. Stockholders will also be able to obtain copies of the preliminary proxy statement, the definitive proxy statement and other documents filed with the SEC, without charge, once available, at the SEC's website at www.sec.gov, or by directing a request to Isleworth's secretary at 360 Central Avenue, First Central Tower, Suite #800, St. Petersburg, Florida 33701.
Participants in the Solicitation
Isleworth, Cytovia and their respective directors, executive officers and other members of their management and employees, under SEC rules, may be deemed to be participants in the solicitation of proxies from Isleworth stockholders in connection with the proposed transaction. Investors and security holders may obtain more detailed information regarding the names, affiliations and interests of Isleworth directors and executive officers in Isleworth's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, which was filed with the SEC on March 29, 2022. To the extent that holdings of Isleworth securities have changed since the filing of the Annual Report on Form 10-K, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of Isleworth stockholders in connection with the proposed transaction will be set forth in the proxy statement/information statement/prospectus for the proposed transaction when available. Information concerning the interests of Isleworth participants in the solicitation, which may, in some cases, be different than those of Isleworth Healthcare Acquisition Corp.'s equity holders generally, will be set forth in the proxy statement/information statement/prospectus relating to the proposed transaction when it becomes available.
Forward Looking Statements
This press release may contain forward-looking statements, which may be identified by words such as "aims," "anticipates," "believes," "could," "estimates," "expects," "forecasts," "goal," "intends," "may," "plans," "possible," "potential," "seeks," "will" and variations of these words or similar expressions that are intended to identify forward-looking statements, although not all forward-looking statements contain these words. Forward-looking statements in this press release include, but are not limited to, statements regarding the potential of Cytovia's FLEX-NK multifunctional engager antibody and iNK cells. Cytovia may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in these forward-looking statements as a result of various factors, including whether the outcome of preclinical studies will be predictive of clinical trial results. Any forward-looking statements contained in this press release speak only as of the date hereof, and Cytovia expressly disclaims any obligation to update any forward-looking statements contained herein, whether because of any new information, future events, changed circumstances or otherwise, except as otherwise required by law.
No Offer or Solicitation
This communication is for informational purposes only and is neither an offer to purchase, nor a solicitation of an offer to sell, subscribe for or buy, any securities or the solicitation of any vote in any jurisdiction pursuant to the Business Combination or otherwise, nor shall there be any sale, issuance or transfer or securities in any jurisdiction in contravention of applicable law
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SOURCE Cytovia Therapeutics
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https://www.wibw.com/prnewswire/2022/05/18/cytovia-therapeutics-present-vivo-multiple-myeloma-data-its-cd38-targeting-flex-nk-cell-engager-eha-2022-congress/
| 2022-05-18T12:36:56Z
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Lightship®, a leading provider of virtual-first and hybrid clinical research solutions, is attending DIA (Drug Information Association) Global Annual Meeting June 20th – 23rd at McCormick Place West in Chicago, Illinois. Conference attendees will have the opportunity to tour Lightship's MRU, located across from their Booth #2538.
EL SEGUNDO, Calif. and LONDON, June 17, 2022 /PRNewswire/ -- Lightship®, a leading virtual-first provider of clinical trials, is attending DIA (Drug Information Association) annual meeting in Chicago, June 20th – 23rd. Attendees will have the opportunity to tour Lightship's MRU (mobile research unit) and talk with Lightship colleagues about how bringing clinical trials to participants can increase diversity in clinical research and build retention rates for sponsors.
"Data from our recent thought leadership report reveals that 85% of UK respondents and 79% of US respondents said they would be more likely to take part in a clinical trial in the future if it were to be conducted at home or in a mobile research unit," says David MacMurchy, CEO, Lightship.
"A virtual-first approach to clinical research provides participants with more choices around where they can be seen, but not everyone is comfortable having nursing staff visit them at their home. The MRU can bring the clinical trial directly to the patient, reducing geographic and logistical barriers to participation," says Sepehr Shojaei, Vice President, Design, Lightship. "The MRU is designed with state-of-the-art medical technology that puts patient safety and comfort at the forefront."
Virtual-first clinical trials encompass both DCTs (decentralized clinical trials), which refers to clinical trials that are not conducted in a medical setting and use digital tools and assessments to collect data, and hybrid models, which include a combination of assessment in tradition medical settings with DCT elements. Many appointments with the Principal Investigator managing the study are also done using telehealth.
"In Lightship clinical trials, patients can be seen at home, work, or a 'third place', such as the MRU," says Rachael Scott, Chief Commercial Officer, Lightship. "We are excited to attend DIA and share how deploying MRUs in clinical trials can increase access and equity in clinical research for all people."
Lightship's market research was conducted in November 2021, with 1,378 people from both the US and UK, in partnership with Dyanata. To receive a copy of the report, contact Melissa E. Daley, Associate Director, Marketing, Lightship at mdaley@lightship.com.
Lightship® is leading the way in providing innovative, virtual-first and hybrid clinical research services that create access to clinical trials for all people by removing barriers, increasing inclusion, and driving equity in health care. Our flexible delivery model optimizes operational excellence, helmed by colleagues with years of extensive experience in clinical research. Learn more at www.lightship.com.
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SOURCE Lightship.com
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https://www.wibw.com/prnewswire/2022/06/17/lightship-launching-mru-mobile-research-unit-dia/
| 2022-06-17T16:24:30Z
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