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Toyota on Wednesday announced an additional $2.5 billion investment in its planned battery plant in Liberty, North Carolina, to expand capacity.
Toyota first announced plans for the plant last December, stating at the time it would invest $1.3 billion in the plant’s construction to create 1,750 jobs.
With Wednesday’s announcement, the total planned investment in the site rises to $3.8 billion. An additional 350 jobs will also be created.
The new plant, which will supply batteries for future plug-in hybrid and electric vehicles, is scheduled to begin operation in 2025.
Toyota hasn’t said what capacity it expects, but the automaker in its December announcement stated the ability to supply batteries for up to 1.2 million hybrid vehicles annually.
“This plant will serve a central role in Toyota’s leadership toward a fully electrified future and will help us meet our goal of carbon neutrality in our vehicles and global operations by 2035,” Norm Bafunno, Toyota Motor North America’s head of unit manufacturing and engineering, said in a statement.
The plant investment is part of a wider $70 billion global investment in electrification that Toyota plans for the coming decade. Toyota predicts that by 2030 around 70% of its sales will be electrified vehicles, which includes hybrid vehicles, battery-electric vehicles, and hydrogen-electric vehicles. To meet this target, Toyota plans to offer 70 electrified vehicles by as early as 2025, with 15 of these to be powered by batteries. Of the 15, seven will be from the new BZ family of EVs, the first member of which is the BZ4X compact crossover. The second member is expected to be a BZ3 compact sedan.
Toyota is one of a handful of established automakers planning battery plants in the U.S. to power future EVs. The others include Ford, General Motors, Honda, Hyundai Motor Group, Mercedes-Benz, and Stellantis.
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https://cw33.com/automotive/internet-brands/toyota-commits-additional-2-5b-for-new-us-battery-plant/
| 2022-09-01T19:10:18Z
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Orioles transfer Means to 60-day IL with sprained elbow
By NOAH TRISTER
AP Baseball Writer
BALTIMORE (AP) — The Baltimore Orioles have transferred left-hander John Means to the 60-day injured list with a sprained elbow. The move isn’t a huge surprise after manager Brandon Hyde conceded Saturday that it would be a while before Means pitched again. Hyde said then that the 28-year-old lefty was seeking second opinions about his injury. That hadn’t changed as of Sunday morning. The Orioles also optioned left-hander Alexander Wells to Triple-A Norfolk and selected the contract of right-hander Marcos Diplán from Norfolk.
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https://localnews8.com/sports/ap-national-sports/2022/04/17/orioles-transfer-means-to-60-day-il-with-sprained-elbow/
| 2022-04-17T20:10:00Z
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- Shanghai Medtronic to exclusively distribute IceSense3 cryoablation systems with a minimum purchase target of $3.5 million in the first 3 years of the contract
- First IceSense3 systems to be delivered in 2022
CAESAREA, Israel, June 13, 2022 /PRNewswire/ -- IceCure Medical Ltd. (NASDAQ: ICCM) (TASE: ICCM) ("IceCure" or the "Company"), developer of minimally-invasive cryoablation technology, the ProSense® System (marketed under the brand name IceSense3 in China), that destroys tumors by freezing as an alternative to surgical tumor removal today announced that its wholly-owned subsidiary, IceCure (Shanghai) MedTech Co., Ltd. ("IceCure Shanghai"), signed an exclusive distribution agreement for IceSense3 cryoablation systems with Shanghai Medtronic Zhikang Medical Devices Co. Ltd. ("Shanghai Medtronic"), an affiliate of Medtronic plc (NYSE: MDT) ("Medtronic") and Beijing Turing Medical Technology Co. Ltd. ("Turing"). The first IceSense3 systems are expected to be delivered in 2022.
Shanghai Medtronic will be the exclusive distributor of the IceSense3 and its disposable probes in mainland China for an initial period of three years, with minimum purchase targets of $3.5 million for this period. Additionally, in mainland China, Shanghai Medtronic will not directly or indirectly invest or deal in, market, sell, promote or provide services to any product that competes with the IceSense3, during the term of the distribution agreement and for a period of six (6) months thereafter. While Shanghai Medtronic conducts all marketing, sales, and certain professional training, Turing will be responsible for the import, installation, and after-sales service of IceSense3 systems in mainland China.
The IceSense3 system console is approved by the National Medical Products Administration ("NMPA") of China. Having submitted an amendment application to the registration certificate for approval of the disposable probes, which, if approved, will allow the Company to sell its disposable IceSense3 Cryoprobes for commercial use, IceCure expects to receive NMPA approval for the probes by the end of 2022.
"Shanghai Medtronic and Turing are ideal partners for us in mainland China where cryoblation technology currently has minimal market penetration. We see a substantial opportunity for our IceSense3 cryoablation system to be widely adopted in mainland China, a market very receptive to new technologies that improve outcomes," stated IceCure CEO, Eyal Shamir. "As part of the largest medical device company in the world, Shanghai Medtronic has the expertise and market power to create rapid market penetration for IceSense3 in order to deliver a safe, effective, and cost-efficient treatment for early stage breast cancer and other indications."
Yu Jing, Shanghai Medtronic Vice President and General Manager of its Cranial, Spinal & Orthopedic Technologies division commented, "IceCure owns the world's leading tumor cryoablation solution. The collaboration with IceCure and Turing Medical will supplement the product lines of Shanghai Medtronic's neurosurgery business in tumor interventional treatment. It is hoped that this collaboration will help promote the clinical application of cryoablation to benefit more tumor patients. Meanwhile, we also look forward to working with more partners to accelerate the application and penetration of advanced medical solutions and help solve key challenges in the healthcare field in China."
Lin Youjia, Turing's CEO added, "Working with Shanghai Medtronic and IceCure, we are eager to begin the import and rapid installation of IceSense3 systems throughout mainland China. Our national presence in mainland China will ensure medical centers receive superior tech support and service for the long-term use of their IceSense3 systems."
About the Distribution Agreement
On June 12 2022 (the "Effective Date"), IceCure Shanghai signed an exclusive sale and distribution agreement (the "Distribution Agreement") for the IceSense3 and disposable probes (the "Products") with Shanghai Medtronic and Turing for an initial term of 36 months, with a minimum purchase target of $3.5 million (the "Minimum Puchase Target") within this term. Pursuant to the Distribution Agreement, IceCure Shanghai will sell the Products to Turing, which will import the Products from Israel to mainland China, and resell them to Shanghai Medtronic. Shanghai Medtronic will be responsible for, among other matters: (i) marketing and promoting the Products within mainland China; and (ii) holding professional medical education events for the Products within mainland China. Turing will be responsible for warehousing, logistics, warranty services, training, and other support and after sale services.
Under the terms of the Distribution Agreement, if Shanghai Medtronic meets the accumulated three-year Minimum Purchase Target, it will then have the right to extend the term of the Distribution Agreement for three consecutive years subject to an agreement on a new Minimum Purchase Target. The Distribution Agreement may be terminated in certain circumstances, including in the event of default, material breach or insolvency.
Furthermore, under the Distribution Agreement's terms, IceCure Shanghai will be responsible for obtaining and maintaining any and all regulatory approvals in mainland China required for marketing, promotion, distribution, sale and use of the Products ("Regulatory Approvals"), issued by mainland China's NMPA, its local branches or any other government authorities ("Regulatory Agencies"). IceCure Shanghai has already obtained Regulatory approvals for the IceSense3 system consoles and is required to obtain Regulatory Approvals for the disposable IceSense3 Cryoprobes for commercial procedures within nine months of the Effective Date of the Distribution Agreement. If IceCure Shanghai fails to obtain the Regulatory Approvals for the Cryoprobes by such time, Shanghai Medtronic has the right to terminate the Distribution Agreement.
About IceCure Medical
IceCure Medical (NASDAQ: ICCM) (TASE: ICCM) develops and markets ProSense®, an advanced liquid-nitrogen-based cryoablation therapy for the treatment of tumors (benign and cancerous) by freezing, with the primary focus areas being breast, kidney, bone and lung cancer. Its minimally invasive technology is a safe and effective alternative to hospital surgical tumor removal that is easily performed in a relatively short procedure. The system is marketed and sold worldwide for the indications cleared to-date by the U.S. Food and Drug Administration and approved in Europe with the CE Mark.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates" and similar expressions or variations of such words are intended to identify forward-looking statements. For example, IceCure is using forward looking statement in this press release when it discusses the entry into a distribution agreement with Shanghai Medtronic and Turing, the Company's regulatory strategy, commercialization activities and the market opportunity for the Company's cryoablation systems in mainland China. Because such statements deal with future events and are based on IceCure's current expectations, they are subject to various risks and uncertainties and actual results, performance, or achievements of IceCure could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's Annual Report on Form 20-F for the year ended December 31, 2021 filed with the SEC on April 1, 2022, which is 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.
IR Contact:
Ronen Tsimerman
Email: ronent@icecure-medical.com
View original content:
SOURCE IceCure Medical
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https://www.kxii.com/prnewswire/2022/06/13/icecure-medical-shanghai-medtronic-amp-turing-medical-sign-distribution-agreement-mainland-china/
| 2022-06-13T12:27:38Z
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ATLANTA (AP) — The Atlanta Braves placed slumping outfielder Eddie Rosario on the 10-day injured list with blurred vision and swelling in his right eye and expect him to miss eight to 12 weeks.
The Braves made the move before Tuesday’s game against the Chicago Cubs.
Right-hander William Woods was recalled to take Rosario’s spot, giving the Braves 16 pitchers on their 28-man roster.
A star of the 2021 postseason, when he was the MVP of the NL Championship Series and helped the Braves win their first World Series title in 26 years, Rosario was off to a miserable start with just three hits in his first 44 at-bats for an .068 average, with no homers or RBIs.
Rosario has been dealing with swelling in his right retina. He was examined by a retinal specialist Monday and will undergo a laser procedure to correct the blurred vision.
The blow of losing Rosario will be softened by the impending return of Ronald Acuña Jr.
Traded from Cleveland to Atlanta last July, Rosario tested free agency after the 2021 season before re-signing with the Braves for an $18 million, two-year deal.
Coming back from a knee injury that ended his 2021 season, Acuña is expected to play at least two more games with Triple-A Gwinnett as part of his rehab assignment.
He has been projected to rejoin the Braves on May 6, but that timetable could be moved up with the defending champs winning just seven of their first 17 games.
Acuña is hitting .357 with three stolen bases and an RBI in 14 at-bats for Gwinnett.
The 23-year-old Woods had yet to pitch in the big leagues. He was added to the 40-man roster last November and split time this season between Double-A Mississippi and Gwinnett.
Woods has pitched in six games with one start in the minors, going a combined 0-1 with a 7.04 ERA. All six runs came in his first two appearances; he has since pitched 3 2/3 perfect innings with nine strikeouts.
___
Follow Paul Newberry on Twitter at https://twitter.com/pnewberry1963
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/braves-postseason-star-rosario-out-8-12-weeks-for-eye-issues/
| 2022-04-27T13:45:07Z
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'Enough is enough:' West Tennessee officials join forces to combat gun violence
West Tennessee officials met Monday at Lane College to take a step forward in the fight against community violence in Jackson — a rising problem over the last year.
Following numerous meetings hosted by District 2 City Councilmember Johnny Dodd to organize community response to the startling increase in local gun violence, a coalition named iCare — Community, Advocacy, Resilience and Empowerment— compromised of law enforcement officers, civic leaders, government officials and clergy members will be hosting a summit in August to educate and rally the community.
The initiative originally started in Memphis with a group of community leaders, according to U.S. Attorney, Western District of Tennessee, Joseph Murphy Jr., who spoke at the event.
“This got started because my office had a meeting with clergy members in Memphis —because I don't know if you've heard, but we've got a little bit of a problem with violence in Memphis,” Murphy said. “And we did some community outreach…. we were all a little discouraged, and we decided we were going to do something.”
The group originally settled on a “wrap around” event, where numerous topics of violence were addressed, and the turnout was amazing.
'Spread the conversation':Jackson residents, local leaders march against gun violence
“We had the first one in November of last year, and we've had two more, and we've had as many as 200 people attend at a time,” he said.
And then, the connection to Jackson — U.S. Marshal Tyreece Miller reached out, along with Dodd, to bring their work to the city.
Matthew Marshall of United Way, who also spoke at the event, described the move to bring the Memphis program into the community.
“This, for us, began in the beginning of this year around January or February, and started with Councilman Dodd pulling together leaders from across the Jackson community to talk about the issues of community violence,” he said. “It's no secret that unfortunately we've seen an uptick in community violence. And so we began coming together at the leadership of Councilman Dodd to figure out how we could go about addressing these issues in Jackson.”
The program brings together the “Seven P’s:” pastors, politicians, parents, proprietors, policeman, principals and partners, and will give each of them an opportunity to voice their needs and aspirations at the August summit.
“The reality is that the world is just beginning,” Marshall said. “We still have a long way to go to make Jackson what we all dream that it can be.”
Murphy agreed.
“(Violence) is a problem in West Tennessee, but it's not a problem that can't be solved,” he said. “We are not talking about changing the weather. We're not talking about changing the tides or eliminating hurricanes. We're talking about changing people. And that's what this is about.”
Jackson has seen a rise in gun violence over the past year with multiple shootings in the area claiming a number of lives.
Jackson Police Chief Tom Corley called the rise “stark” and detailed the impact community policing can have on the area.
“We're going out there, and we're trying to find, to solve (violence issues) before they begin,” he said. ”But they’re here, and we could make 500 arrests or 1,000 arrests and it's still not going to change that cycle.”
According to Corley, around 47 guns have been taken off the streets under the community policing initiative Blue Impact, which was rekindled in recent months after its push last year. The program will work hand in hand with the iCare initiative to further energize community involvement in safety.
“It even took a lot of drugs off the street, as well, and 300 some-odd arrests or charges,” he said. “When we do that type of initiative, you know, it needs to be just a constant.”
ICare’s summit will be held on Aug. 6, from 10 a.m. to 2 p.m. at Lane College’s Chambers-McClure Academic Center. All Jackson-Madison County residents are welcome. Activities will include speakers and workshops on issues such as gang violence, educational impact, mental health issues and domestic violence. There will also be a children’s section.
Dodd in particular is excited to see such forward momentum.
“Sometimes it takes a while to organize,” said Dodd. “ I've been working on committees for several years, and I'm always, always been about the community and making the community better. So sometimes it takes a long time, but I hope that we can keep this organization together to do what's best."
Have a story to tell? Reach Angele Latham by email at alatham@gannett.com, by phone at 731-343-5212, or follow her on Twitter at @angele_latham.
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https://www.jacksonsun.com/story/news/2022/07/20/jackson-tn-gun-violence-west-tennessee-officials-lane-college/10074752002/
| 2022-07-20T07:24:57Z
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ATLANTA, Aug. 5, 2022 /PRNewswire/ -- Jimmy Anderson, a long-time professional sports entrepreneur who has held ownership positions with the NBA's Sacramento Kings and MLB's Pittsburgh Pirates, has announced a significant investment in PKA Worldwide - the upstart Professional Kickboxing Association.
The Sacramento-based Anderson is the lead investor in an organization quickly taking shape and expected to become a driving force in the combat sports arena. The PKA is led by CEO Joe Corley and a legendary line-up of combat sports veterans and sports marketing professionals.
"The leadership team that Joe Corley has assembled, combined with the public's increased appetite for combat sports and the excitement and artistry of kickboxing has convinced me the time is perfect and this is the right team of people to bring professional kickboxing to the forefront of the combat sports industry," said Anderson.
Corley who has been involved in professional kickboxing for more than five decades is excited about what the future holds.
"Jimmy's generous commitment to our organization and kickboxers worldwide will allow us to build our organization and sport in the right manner. The kickboxers who have had to compete in hybrid versions of their sport can now showcase their athleticism and elite punching and kicking skills on the sport's biggest stage."
No stranger to the sports business, the Anderson family was instrumental in the relocation of the NBA's Kings to Sacramento from Kansas City in 1985. He was also a part of the Pittsburgh Pirates ownership group from 1996-2007. The owner and manager of WHAL, GP, LLC, the general partner of WHAL Properties, LP, he is an active and longtime board member of Pacific Coast Building Products, Inc. founded by his father, Fred, in 1953. A noted philanthropist, he recently donated $5 million to fund the Office of Wellness Education at the UC-Davis School of Medicine and the Jacquelyn S. Anderson Endowed Chair in Wellness in honor of his late wife, an artist and photographer passionate about health and wellness who passed away in 2021. He recently combined his passion for philanthropy and martial arts presenting the "Jacquelyn Award" to Gena Norris, wife of martial arts legend and film star Chuck Norris honoring her support of KICKSTART KIDS via the Chuck Norris Martial Arts System implemented in their curriculum.
For more information visit PKAWorldwide.com.
View original content:
SOURCE PKA Worldwide
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https://www.wibw.com/prnewswire/2022/08/05/pka-worlwide-secures-investment-jimmy-anderson/
| 2022-08-05T18:17:41Z
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CHATTANOOGA, Tenn., April 5, 2022 /PRNewswire/ -- Unum Group (NYSE: UNM) will release its first quarter 2022 results May 5, 2022, at approximately 4:15 p.m. Eastern Standard Time. The earnings release and financial supplement will be available in the Investors section of the company's website, which can be directly accessed at www.investors.unum.com.
Members of Unum Group's senior management will host a conference call Friday, May 6, at 8 a.m. EST to discuss first quarter operations results. Topics may include forward-looking information, such as guidance on future results or trends in operations, as well as other material information. Interested parties are invited to listen and participate in the question-and-answer segment.
Callers in the U.S. Toll Free: 1-844-200-6205
Canada Toll Free: 1-833-950-0062
All Other Locations: +1-929-526-1599
Access code: 355867
A live webcast of the call will be available in a listen-only mode. Participants should access the webcast approximately 10 minutes before the call.
Webcast URL: https://events.q4inc.com/attendee/763735085
Unum will keep a recording of the call on the Investor site through Friday, May 13, 2022.
Callers in the U.S. Toll Free: 1-866-813-9403
Canada 1-226- 828-7578
Callers in U.K. Local: 0204-525-0658
All Other Locations: +44-204-525-0658
Replay Access Code: 813710
ABOUT UNUM
Unum (NYSE: UNM) an international provider of workplace benefits and services, has been helping workers and their families for more than 170 years. Through its Unum and Colonial Life brands, the company offers disability, life, accident, critical illness, dental, vision and stop-loss insurance; leave and absence management support and behavioral health services. In 2021, Unum reported revenues of $12.0 billion and paid $8.2 billion in benefits. The Fortune 250 company is one of the 2022 World's Most Ethical Companies, recognized by the Ethisphere® Institute.
Visit the Unum newsroom for more information, and connect with us on LinkedIn, Facebook, Twitter, and Instagram.
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SOURCE Unum Group
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https://www.kxii.com/prnewswire/2022/04/05/unum-group-release-first-quarter-2022-results-host-conference-call/
| 2022-04-06T01:14:53Z
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Grammy award-winning, Academy Award-nominated Musician and Filmmaker, Entrepreneur and Philanthropist Pharrell Williams discusses role of tech in education and future of work with Cisco CEO at Cisco LIVE
News Summary:
- Cisco partners with musician Pharrell Williams' Non-Profit YELLOW to power an inclusive learning experience at a school of the future.
- Cisco Chair and CEO Chuck Robbins and Pharrell Williams discuss empowering underserved historically marginalized youth with the tools and education they need to succeed.
- YELLOWHAB, YELLOW's first microschool, will use Cisco's technology including: The Webex Suite, Secure X, WiFi-6, Meraki, data centers, and DNA Spaces.
- YELLOWHAB serves rising third, fourth and fifth graders tuition free.
LAS VEGAS, June 15, 2022 /PRNewswire/ -- CISCO LIVE -- We don't know much about the workforce today's 10-year-olds will eventually enter; in fact, The Institute for the Future reports 85% of the jobs today's students could apply for in 2030 don't even exist yet. But some things are certain—they will need a solid education to be adaptable, creative, and tech fluent.
Driven by its mission to secure an inclusive future for all, Cisco (NASDAQ: CSCO) is partnering with multiple Grammy award-winning musician, producer, entrepreneur and philanthropist Pharrell Williams to provide technology centered around connectivity, collaboration and security at Williams' school, YELLOWHAB.
Through YELLOW, Williams wants to "EVEN THE ODDS" for all students to make sure the next generation has the tools and resources they need to succeed, especially under-resourced youth. To that end, he created YELLOWHAB, a microschool that gives students an immersive learning experience based on skill, not age.
"This partnership between YELLOW and Cisco will take the education of our students at YELLOWHAB to the next level," says Pharrell Williams. "I look forward to our youth experiencing education through Cisco's state of the art technology which will continuously expand their lens of possibility through which they see themselves, their community, and their futures."
Cisco Chair and CEO, Chuck Robbins, ties YELLOW's mission to Cisco's company purpose: "Cisco's purpose is to power an inclusive future for all, which includes empowering future generations and making a positive impact on communities around the world. It's critical that we work together with local partners to ensure that today's youth learn and realize their potential in a digital age. Everyone needs access to experiential learning, and we're proud to work with Pharrell and YELLOW to reach historically marginalized communities and close the digital divide."
Named after Williams' non-profit, YELLOW, and "HAB" after their space inspiration of a natural habitat where you learn and grow, YELLOWHAB is located in Norfolk, Virginia, offering small learning cohorts and personalized, competency-based curriculum emphasizing entrepreneurship, arts, culture, and STEM to encourage the skills and mindsets students need to thrive in school and in their local community.
The school will use Cisco's technology including: The Webex Suite, Secure X, WiFi-6, Meraki, data centers, and DNA Spaces. This technology will:
- Build a networking foundation to provide an inclusive and hybrid learning environment
- Drive continued learning anywhere with online classes and video office hours via Webex
- Protect student and educator personal information and data
- Keep kids connected when learning goes beyond the walls of the classroom
- Help fuel innovative research and immersive collaboration
Additional Resources
Read more about YELLOW
Watch the video
Learn about Cisco's Social Justice Beliefs and Actions
Explore Cisco's education solutions
About Cisco
Cisco (NASDAQ: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more on The Newsroom and follow us on Twitter at @Cisco.
Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company.
About YELLOW
YELLOW is built on the shoulders of From One Hand to Another (FOHTA), which was founded by recording artist, producer, songwriter, philanthropist and entrepreneur Pharrell Williams in 2008 to provide thousands of children across the US the opportunity to attend STEAM-focused summer camps.
Launched in 2019, YELLOW is a non-profit with a mission to EVEN THE ODDS through education, believing that the pull of gravity should not change by zip code and every child deserves an equal opportunity to thrive. YELLOW's ecosystem approach puts youth at the center and surrounds them with the support they need to realize their unique potential. Building upon Pharrell's longstanding commitment to his community and education, YELLOW will work to unlock possibility in our youth.
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SOURCE Cisco Systems, Inc.
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https://www.kxii.com/prnewswire/2022/06/15/pharrell-williams-non-profit-yellow-cisco-unite-help-reimagine-education/
| 2022-06-15T16:17:11Z
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The U.S. Justice Department has charged five people for making threats of violence against election workers amid a rising wave of harassment and intimidation tied to the 2020 presidential election, a top official told U.S. senators Wednesday.
Assistant Attorney General Kenneth Polite said one charge has led to a conviction so far through a task force launched last year as reports of threats to election officials, workers and volunteers raised concerns about safety and the security of future elections.
Overall, the department has investigated more than 1,000 harassing and threatening messages directed at election workers. Roughly 100 of those have risen to the level of potential prosecution. Polite estimated at least three more people have been charged for such threats at the state level.
Sen. Mazie Hirono, D-Hawaii, said at a hearing of the Senate Judiciary Committee that those numbers likely do not account for countless more incidents nationwide, including election workers accosted on the street, that are not referred to federal prosecutors.
“We have thousands and thousands of election workers all throughout our country, and yes there has been a rise in all kinds of threats,” Hirono said. “So the thousand referrals sounds like a very small number.”
Polite said the department has tried to encourage election staff to come forward with any kind of harassing or offensive communication. As an example of one case, he detailed the charge against a Texas man who threatened to kill government officials in Georgia after the 2020 election.
“He said he was threatening to end the lives of these traitors and take back our country by force, threatened to exterminate these people, and he threatened to put a bullet behind their ears,” Polite said.
Polite said prosecutors have had to balance safeguarding free speech rights with the onslaught of troubling phone calls, emails and social media posts targeting election workers. The intimidation efforts have especially targeted election officials in the battleground states where Donald Trump contested his loss to President Joe Biden.
Michigan’s secretary of state, Jocelyn Benson, recalled for committee when dozens of protesters were outside her own home in December 2020, shouting “obscenities and graphic threats.”
“As a result, there is an omnipresent feeling of anxiety and dread that permeates our daily lives and those of our families,” said Benson, a Democrat.
She said too many election officials feel unsafe and fear for the safety of their colleagues and the security of future elections. State lawmakers have failed to set aside enough money for election security, she said.
“We are threatened with arrest for simply doing our jobs, for educating citizens about the right to vote. Or we are inundated with burdensome and often nonsensical, unnecessary demands for information and access to secure election equipment,” Benson said.
North Carolina Sen. Thom Tillis, a Republican who has had talks with Democrats about potential voting legislation, asked Polite if he supports increased penalties for people found guilty of threats against election workers. Tillis noted that he has received two voicemails in recent days from a man who threatened to kill him.
“Any leverage that we can gain in terms of increasing the potential deterrence value of charges of enforcement actions here is absolutely critical,” Polite said.
A bipartisan bill in the Senate would double the federal penalties to up to two years in prison for those who threaten election workers, poll watchers, voters or candidates.
“Legal action is the last line of defense,” said New Mexico’s secretary of state, Democrat Maggie Toulouse Oliver, who spoke about receiving death threats during the 2020 election that forced her leave her home. “We will not stop such threats until the lies stop, the rhetoric gets racheted down and elected officials, the media, political parties and others find better ways to come together and educate the public about the realities of how elections are conducted.”
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https://cw33.com/news/politics/ap-politics/justice-department-details-threats-against-election-workers/
| 2022-08-03T21:57:35Z
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WASHINGTON, Aug. 9, 2022 /PRNewswire/ -- The Wilson Center has announced that His Excellency, Iván Duque Márquez, President of Colombia (2018-2022), will join the Center as a Distinguished Fellow. The announcement comes on the heels of a visit to Colombia by Wilson Center President and CEO, Ambassador Mark Green, and members of the Center's Board of Trustees and Global Advisory Council. Duque will begin his term with Wilson in the early fall of 2022.
"President Duque impressed the world with his leadership on so many fronts – from defending democracy, to protecting biodiversity and dealing with climate change to responding compassionately to the millions of Venezuelans who fled tyranny to Colombia ," said Ambassador Green. "We are proud to welcome him to the Wilson Center and have the benefit of his ideas and experience."
"The Woodrow Wilson Center is one of the world's most prestigious Think and Do tanks that has embraced the values of defending democracy and promoting sound policies to face migration and the climate crisis in different parts of the world," said President Duque. "With the Woodrow Wilson Center team, led by Ambassador Mark Green, we will undertake initiatives that will help countries and private sector organizations face the climate crisis we live in, as well as the migration crisis that is putting millions of people in danger. It is a great honor for me to be part of this amazing team."
President Duque's work will have a global focus with special emphasis on broad areas:
- Responding to the world's historic levels of displaced populations.
- Action on climate-related challenges and other key conservation issues.
- Advancing democratic values and economic opportunity.
"President Duque is an eminent policy and distinguished thought leader who has led his country through the pandemic and offered safe haven to millions of displaced people escaping the regime in Venezuela," said Wilson Center Board Chair Governor Bill Haslam. "On behalf of the entire Board of Trustees we are proud to welcome him as a Distinguished Fellow."
The Wilson Center invites scholars, practitioners, journalists and public intellectuals to take part in its flagship international Fellowship Program. Fellows conduct research and write in their areas of interest, while interacting with policymakers in Washington and Wilson Center staff and other scholars in residence.
Contact: Ryan McKenna
Phone: (202) 691-4217
ryan.mckenna@wilsoncenter.org
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SOURCE Woodrow Wilson International Center for Scholars
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https://www.mysuncoast.com/prnewswire/2022/08/11/former-colombian-president-ivn-duque-mrquez-joins-wilson-center-distinguished-fellow/
| 2022-08-11T17:21:28Z
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Crystal Winkeler returns to BioGenerator after driving Canopy Biosciences to successful acquisition by Bruker
ST. LOUIS, June 15, 2022 /PRNewswire/ -- BioGenerator Ventures announced today that Crystal Winkeler, Ph.D., is joining the team as Managing Director. Prior to founding Canopy Biosciences, Winkeler was a Senior Investment Analyst for BioGenerator Ventures.
BioGenerator Ventures is the only investor that invests exclusively in St. Louis companies. Its portfolio of more than 50 active St. Louis startup companies is comprised of many of the region's most promising and fastest-growing companies, Benson Hill, MediBeacon, Arch Oncology, Geneoscopy, CoverCress, SentiAR, Plastomics, and Wugen.
"As BioGenerator helps build the next generation of great St. Louis companies, we need highly talented individuals to lead this challenging process," said Charlie Bolten, Senior Managing Director of BioGenerator Ventures. "Crystal is a proven investor and company builder, and it is an honor to welcome her back to the BioGenerator team."
Crystal was previously Chief Operating Officer and Vice President of R&D of Canopy Biosciences, a Bruker Company (Nasdaq: BRKR). Crystal co-founded Canopy Biosciences in the BioGenerator Labs and was instrumental in the growth of the company, including PE-backed acquisitions of both Zellkraftwerk and Core Diagnostics. She led efforts in fundraising, technology sourcing and licensing, commercialization, operations, and business development. At the time that she joined BioGenerator, Crystal led a large international team across sites in St. Louis, Leipzig and Hannover in Germany, and the Bay Area.
"As Canopy's Board Chairman, I witnessed Crystal's leadership of the Canopy team through critical product launches and business development milestones," said Frank Witney, Operating Partner at Ampersand Capital Partners. "I look forward to an opportunity to work with her again in this new role."
"Of all of the people I have met as a venture capitalist, Crystal is one of the most talented," said Bill Schmidt, Managing Director of Cultivation Capital Life Sciences Fund. "I look forward to working on exciting new companies with Crystal and the BioGenerator team."
In her role at BioGenerator Ventures, Winkeler will lead investment teams focused on human disease with an emphasis on biopharma.
"I am thrilled to return to the BioGenerator team," said Crystal Winkeler, Ph.D., Managing Director of BioGenerator Ventures. "I look forward to building great companies that will bring solutions to care providers, alleviate disease, and provide excellent returns to investors."
Winkeler holds a Ph.D. in Molecular Cell Biology from Washington University in St. Louis, where her research focused on molecular pathways that govern cell growth and proliferation in cancer. Since her graduate studies at Washington University, she has been an active member of the St. Louis entrepreneurial ecosystem, including work with The BALSA Group, Saint Louis University's MEDLaunch program, Washington University's LEAP program, and various other efforts that promote the region's pipeline of life science deal flow and talent.
BioGenerator, the startup arm of BioSTL, creates and grows innovative St. Louis companies through its two complementary approaches — investing through BioGenerator Ventures and comprehensive startup support through BioGenerator Labs. Visit www.BioGenerator.org for additional information, and follow us on LinkedIn linkedin.com/company/BioGenerator and Twitter @BioGeneratorSTL.
Since 2001, St. Louis nonprofit BioSTL has laid the foundation for the region's innovation economy with a comprehensive set of transformational programs that advance St. Louis' leadership in solving important world challenges in agriculture, medicine, healthcare, and other technology areas. BioSTL has introduced nationally-acclaimed initiatives in startup creation and investment (BioGenerator), strategic business attraction (GlobalSTL), physical environment (including the Cortex Innovation District and BioGenerator Labs), entrepreneur support, seed and venture capital, a diverse and inclusive workforce, and public policy. Find us online at biostl.org and follow us on twitter @BioSTL.
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SOURCE BioSTL
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https://www.wibw.com/prnewswire/2022/06/15/biogenerator-ventures-expands-team-with-new-managing-director/
| 2022-06-15T09:05:55Z
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Leading financial software company announces changes to executive team to position the Company for accelerated business growth and success in digital banking
MALVERN, Pa., Aug. 30, 2022 /PRNewswire/ -- Savana, an industry leader in financial software for banks and fintechs, today announced that accomplished banking software industry veteran, Emily Steele, will join the Company as President and Chief Operating Officer. Her entire career spent in financial technology, Ms. Steele comes to Savana with over 20 years in the banking software industry, where she has actively engaged with global thought leaders, financial services industry consultants, and technology innovators to define and deliver high-performance digital end-to-end banking technology. Previous Savana President and CTO, Mike Wolfel will become the Company's CEO and maintain his position of CTO, while previous CEO, Michael Sanchez will take the position of Executive Chairman.
Steele joins Savana with a wealth of knowledge and experience in financial services. Most recently, she served as President of Temenos, North America, a leading global provider of banking software solutions. Now as the President and COO of Savana, Steele will be focused on three main areas of growth – GTM, customer delivery and success, and employee expansion. Her unwavering passion for continuously creating a better customer experience are in line with Savana's values.
"I am thrilled to join the Savana team and to be working with Michael Sanchez once again," said Emily Steele, President and COO of Savana. "I have worked with all different types of companies in the banking sector, and what makes me most excited to get out of bed every morning is the entrepreneurial spirit of a company like Savana. I am a huge proponent of banks transforming their technology. Savana's technology unifies how the bank works, creates consistent consumer experiences, and removes much of the risk and fear that comes with digital transformation."
Savana's organizational redesign comes at a time where there is major growth happening in the fintech space and will position the Company to successfully scale.
"When I founded this company 13 years ago, I knew we had something special," said Michael Sanchez, Executive Chairman and founder of Savana. "It's been an exciting journey for us and this is truly just the beginning. Today, we have substantial funding, a one-of-a-kind technology platform, incredible customers, and an ambitious team. I am thrilled that Emily chose to make Savana her next career move. I know from personal experience what Emily is capable of and am confident we will only continue to grow and innovate under her leadership."
"I want to welcome Emily to the Savana team. It is an honor to be working together with a fintech veteran who has years of experience in scaling companies like Savana," said Michael Wolfel, CEO of Savana. "I am also proud to step up as Savana's new CEO. I have been at the company since the beginning and have seen how our technology has helped to support banks in their transformation. With this powerhouse team of leadership and talented employees, I know we will continue to help banks innovate and thrive in today's competitive landscape."
For more information on Savana, visit www.savanainc.com.
Savana unlocks next-generation, customer-centric banking operations through the industry's first and only digital delivery platform. Leveraging unmatched banking knowledge and expertise, Savana solves the issues that arise during digital transformation or in creating and launching a new bank. Redefining customer-first operations, Savana is powering the future of banking. Learn more about Savana at www.savanainc.com.
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SOURCE Savana
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https://www.kxii.com/prnewswire/2022/08/30/savana-welcomes-fintech-veteran-emily-steele-president-chief-operating-officer/
| 2022-08-30T13:25:55Z
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Difference between Hypervolt and Theragun massage guns
Muscles can get very sore, especially if you’re active. While stretching each morning or before a workout helps, muscles may need extra care to break down and relieve tension. However, physical therapy can be costly and time-consuming. Recently, massage guns have become popular and bring physical therapy to your home.
Massage guns offer the same quality as a deep tissue massage. Aside from decreasing muscle pain and aches, they increase blood circulation, release lactic acid, break up scar tissue and help decrease recovery time. They use advanced vibrational healing to deliver vibrations deep in muscles to produce more oxygen and nutrients. Hypervolt and Theragun are both popular massage gun brands that will have your body feeling rejuvenated.
What is percussive therapy?
Hypervolt and Theragun both use percussive therapy. Percussive therapy isn’t like a traditional massage. The massage technique uses force, depth and speed, targets tight muscles to aid in blood circulation, relieve pain and stiffness and increase flexibility. Commonly used in sports and therapeutic practice, the devices help accelerate recovery.
Hypervolt massage guns
Hypervolt is a game-changer. Customers can choose from three speeds of fast percussion to separate tight muscles. Available in Hypervolt, Hypervolt Plus and Hypervolt Go, each massage gun is sure to relieve muscle tension and aches and increase blood flow so that you continue to feel good and have robust workouts.
Hypervolt massage gun pros
Hypervolt is lightweight, easy to use and TSA-approved. It comes with a 24 V charger and AC cable, five head attachments and head attachment pouch. The five head attachments allow for ultimate customization. Choose the flat, ball or cushion to loosen hamstring, calf and quad muscles gently. Use the bullet and fork attachments for a deeper massage. Additionally, choose from three speeds up to 3200 percussions per minute. Compared to Theragun, Hypervolt is extremely quiet.
Hypervolt is Bluetooth accessible, so you can control speeds using the Hyperice App. The Hyperice app uses HyperSmart algorithms to combine physical and digital to create a customized experience. Customers can get recommendations for new routines from athletes, trainers and physiotherapists, exclusive content and snapshots of your activity and recovery process. The HyperSmart algorithm tracks your activity from smart devices like Apple, Garmin or Fitbit watches and fitness applications like Strava to create routines suited for you.
Hypervolt massage gun cons
This product is definitely on the expensive side but worth it in the long run. You’ll avoid trips to a physical therapist and potentially spend more money than the cost of Hypervolt. Expensive items should be protected and cases are a great way to do so. Unfortunately, Hypervolt comes without a case, so if you’re traveling, you should wrap it in soft materials like sweatshirts and t-shirts. Many reviews state that after a few months, it stopped working or the battery life decreased significantly. In some instances, it even started smoking. In these moments, looking into a warranty is a great idea.
Theragun massage guns
Theragun is a powerful deep muscle treatment that breaks down muscles to help with aches and pain. Its QuietForce technology maintains power without decreasing treatment speed or quality. The calibration is strong enough to reach 60% deeper into muscle tissue than the average massager. It comes in four different designs, including Theragun PRO, Theragun Elite, Theragun Prime and Theragun Mini. If you’re looking for a professional-grade massage gun, Theragun PRO is a must. Theragun Elite offers more features than the Theragun Prime, like additional foam attachments, but you’re going to get the same results. This device is bulky, so if you’re looking for something to take on the go, Theragun Mini is perfect.
Theragun pros
Similar to Hypervolt, Theragun is very customizable and also Bluetooth-accessible. If you’re targeting sensitive areas or wanting to dig deep into others, users can choose from 1750-2400 PPM. It also comes with five built-in speeds and five detachable heads, including cone, thumb, wedge, standard ball and dampener. These better assist your target areas. The ergonomic grip is super convenient and makes it easy to reach all areas without straining your hands, arms and hips. Theragun’s Lithium-ion battery life is impressive and can be used for up to 120 minutes continuously. Sold separately, you can wirelessly charge the Theragun. When purchased, it comes with a hard-shell protective carrying case.
Theragun’s percussive technology works through depth, speed and force. Depth allows for proper deep muscle treatment. Theragun has a 16mm volume that is 60% more effective than leading massage guns, according to many reviews. Leaving the skin surface at 40 times per second, Theragun powerfully targets areas of the body. It also provides up to 40 pounds of force without stalling to increase circulation and tension release.
Theragun cons
Theragun is louder than Hypervolt, so you should choose another massage gun if noise is an issue. As beneficial as this machine is, it is essential not to overdo it. Reviewers show that their skin has been bruised or skinned due to its high-speed pressure, specifically with the cone attachment. It is definitely advised to see if this product has a warranty. Trying to get a hold of customer service may be very time-consuming. A high-tech device like this doesn’t come cheap. While both Hypervolt and Thergun are expensive, Hypervolt produces the same results at a comparatively lower price.
Should you get a Hypervolt or Theragun massage gun?
It’s no lie that massage guns are effective and are incredibly convenient to use on your own time. Hypervolt and Theragun both use percussive technology to help decrease muscle soreness and aches and increase blood flow circulation, but it simply comes down to preference. If price is a significant factor, Hypervolt provides the same quality as Theragun but isn’t as ergonomic. If battery life is more critical, Theragun’s lasts longer and has more speed options.
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved.
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https://cw33.com/reviews/br/health-wellness-br/massage-relaxation-br/hypervolt-vs-theragun-which-massage-gun-is-best/
| 2022-07-19T16:28:17Z
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CHICAGO, June 7, 2022 /PRNewswire/ -- On June 22, experts from the global research firm Ipsos and executives from across the food and beverage industry, including Kellogg's, Mars Wrigley, and McDonald's, will convene at Chicago's Greenhouse Loft to share perspectives and data on innovation and expansion in the foodservices sector.
The summit, "On the Menu: Where Is the Next Growth for Food and Beverage?," will leverage expertise from Ipsos and experience from industry leaders to explain what (and how) Americans are eating, and what that will mean for business in the years to come.
The keynote speech will be delivered by James Beard award-winning restaurateur Kevin Boehm, cofounder and co-CEO of Chicago's Boka Restaurant Group and chairman of the BIÂN Chicago private wellness club. Boehm will share how he pivoted to turn multiple pandemic-era challenges into opportunities, resulting in the fastest growth his organization has experienced in 28 years.
"On the Menu" will chart the future of the industry across four panels:
- In "The State of the Food Consumer," Oscar Yuan, President of Ipsos Strategy3, will lead a panel of experts as they paint a portrait of the American shopper in 2022, from confidence to shopping behavior.
- Then, in "Channel Evolution in Food and Beverage," Sarah Lehman, vice president of Ipsos Channel Performance in the U.S., and Jesse Itzkowitz, Chief Behavioral Scientist at Ipsos, will host a discussion about the forces that drive impulsive orders online, in-store, and in between.
- In "Extending Your Brand Beyond Functional Food," Joseph DeVeny, U.S. leader for Ipsos' Innovation practice, and Joe Lonek, Director on the Ipsos Social Intelligence Analytics team, will lead a discussion on how brands can innovate products that meet consumers' values, from health and wellness to sustainability and corporate responsibility.
- And finally, in "Marketing Food to Diverse Audiences," Manuel Garcia-Garcia, a senior leader promoting Diversity and Inclusion at Ipsos, and Lisa Zielinski, Vice President at Ipsos Creative Excellence, will consider how businesses can address Americans' demand for empathy, authenticity, and equitable representation.
The afternoon will also include a networking lunch and a cocktail reception presented by What the Future, Ipsos' strategic foresight magazine.
Learn more and register at https://www.ipsos.com/en-us/food-summit-2022.
Ipsos is one of the largest market research and polling companies globally, operating in 90 markets and employing over 18,000 people.
Our passionately curious research professionals, analysts and scientists have built unique multispecialist capabilities that provide true understanding and powerful insights into the actions, opinions and motivations of citizens, consumers, patients, customers or employees. Our 75 solutions are based on primary data from our surveys, social media monitoring, and qualitative or observational techniques.
Our tagline "Game Changers" sums up our ambition to help our 5,000 customers move confidently through a rapidly changing world.
Founded in France in 1975, Ipsos has been listed on the Euronext Paris since July 1, 1999. The company is part of the SBF 120 and Mid-60 indices and is eligible for the Deferred Settlement Service (SRD).
ISIN code FR0000073298, Reuters ISOS.PA, Bloomberg IPS:FP
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SOURCE Ipsos
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https://www.kxii.com/prnewswire/2022/06/07/ipsos-announces-keynote-address-industry-speaker-lineup-june-22-food-beverage-summit/
| 2022-06-07T17:50:57Z
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PITTSBURGH, July 1, 2022 /PRNewswire/ -- "As a truck driver I would use this device to help me when I added oil to the crankcase," said the inventor from Portland, Ore. "I invented this idea in order to help keep the funnel upright and secure on its own so that the user could use two hands to pour in the oil."
He invented the patent-pending HANDS FREE SELF-VENTING OIL FILLER FUNNEL that is a hands free operation that helps eliminate accidental oil spills. This could secure into a filler tube for complete stability and a quick and easy pouring of fresh lubricant without physical struggle. The funnel features a self-venting design that prevents back pressure within the crankcase. Additionally, it could help avoid any chance of a real mess that is difficult and time-consuming to clean.
The original design was submitted to the Portland sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-PTA-119, 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/2022/07/01/inventhelp-presents-secure-oil-funnel-pta-119/
| 2022-07-01T16:25:58Z
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Janitor corrals mountain lion in empty California classroom
PESCADERO, Calif. (AP) - A quick-thinking custodian safely confined a curious mountain lion in an empty classroom after it entered a Northern California high school Wednesday morning, authorities said.
The custodian was opening Pescadero High for the school day when the juvenile mountain lion was spotted, said Detective Javier Acosta with the San Mateo County Sheriff’s Office. No students or teachers were on campus at the time, Acosta said.
“The mountain lion casually walked through campus and decided to go into an English classroom,” he said. “The custodian acted quickly and managed to shut the door behind it.”
Acosta said the animal, estimated to be about 40 pounds (18 kilos), appeared “lost and scared.”
The California Department of Fish and Wildlife tranquilized the cat and sent it to the Oakland Zoo for examination.
The underweight male was estimated to be 4 to 6 months old and had a fractured tooth that will need to be extracted before the cat can be released back into the wild, KTVU-TV reported.
Pescadero is a small coastal community about 35 miles (56 kilometers) south of San Francisco.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/06/02/janitor-corrals-mountain-lion-empty-california-classroom/
| 2022-06-02T09:05:27Z
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HARTFORD, Conn., Aug. 9, 2022 /PRNewswire/ -- Virtus Investment Partners, Inc. (NASDAQ: VRTS) today reported preliminary assets under management of $163.0 billion as of July 31, 2022. In addition, the company provided services to $3.1 billion of other fee-earning assets, which are not included in assets under management.
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.
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SOURCE Virtus Investment Partners, Inc.
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https://www.wibw.com/prnewswire/2022/08/09/virtus-investment-partners-reports-preliminary-july-31-2022-assets-under-management/
| 2022-08-09T20:31:59Z
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CHICAGO, Aug. 11, 2022 /PRNewswire/ -- The board of directors of Telephone and Data Systems, Inc. (NYSE: TDS), a leading provider of telecommunications services, has declared third quarter 2022 dividends on its Common Shares, Series A Common Shares, Series UU Preferred Shares and Series VV Preferred Shares payable on September 30, 2022, to holders of record on September 15, 2022.
- TDS is paying a quarterly dividend of $0.18 per Common Share and Series A Common Share.
- TDS is paying a quarterly dividend of $414.0625 per share on the company's 6.625% Series UU Preferred shares; holders of depositary shares will receive $0.4140625 per depositary share.
- TDS is paying a quarterly dividend of $375.0000 per share on the company's 6.000% Series VV Preferred shares; holders of depositary shares will receive $0.3750000 per depositary share.
The tickers for the TDS Common shares is "TDS", the Series UU depositary shares is "TDSPrU" and the Series VV depositary shares is "TDSPrV".
Telephone and Data Systems, Inc. (TDS), a Fortune 1000® company, provides wireless; broadband, video and voice; and hosted and managed services to approximately 6 million connections nationwide through its businesses, UScellular, TDS Telecom, and OneNeck IT Solutions. Founded in 1969 and headquartered in Chicago, TDS employed approximately 8,900 associates as of June 30, 2022.
For more information about TDS and its subsidiaries, visit:
TDS: www.tdsinc.com
U.S. Cellular: www.uscellular.com
TDS Telecom: www.tdstelecom.com
OneNeck IT Solutions: www.oneneck.com
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SOURCE Telephone and Data Systems
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https://www.wibw.com/prnewswire/2022/08/11/tds-announces-third-quarter-2022-dividends/
| 2022-08-11T13:57:37Z
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NEW YORK, May 26, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Volta Inc. ("Volta" or the "Company") (NYSE: VLTA) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Volta investors who were adversely affected by alleged securities fraud between August 2, 2021 and March 28, 2022. Follow the link below to get more information and be contacted by a member of our team:
VLTA investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Volta had improperly accounted for restricted stock units issued in connection with the business combination of Volta Industries, Inc. ("Legacy Volta") and Tortoise Acquisition Corp. II; (2) as a result, the Company had understated its net loss for third quarter 2021; (3) there were material weaknesses in the Company's internal control over financial reporting that resulted in a material error; (4) as a result of the foregoing, the Company would restate its financial statements; (5) as a result of the foregoing, Legacy Volta's founders would imminently exit the Company; (6) as a result, the Company's financial results would be adversely impacted; and (7) 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.
WHAT'S NEXT? If you suffered a loss in Volta during the relevant time frame, you have until May 31, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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https://www.kxii.com/prnewswire/2022/05/26/vlta-lawsuit-alert-levi-amp-korsinsky-notifies-volta-inc-investors-class-action-lawsuit-upcoming-deadline/
| 2022-05-26T11:17:27Z
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MILWAUKEE, June 23, 2022 /PRNewswire/ -- Ademi LLP is investigating Radius (NASDAQ: RDUS) for possible breaches of fiduciary duty and other violations of law in its transaction with Gurnet Point and Patient Square.
Click here to learn how to join the action: https://www.ademilaw.com/case/radius-health-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Radius's financial outlook and prospects are excellent and yet Radius holders will receive only $10.00 per share in cash plus a Contingent Value Right (CVR) of $1.00 per share payable upon TYMLOS® (abaloparatide) net sales reaching $300 million (inclusive of U.S. sales and Japan royalties or supply payments based on supply of TYMLOS for sale in Japan) during any consecutive 12-month period prior to December 31, 2025. The transaction values Radius at approximately $890 million, including the assumption of debt and assuming full payment of the CVR. The transaction agreement unreasonably limits competing bids for Radius by imposing a significant penalty if Radius accepts a superior bid. Radius insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Radius's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Radius.
If you own Radius common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/radius-health-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi LLP
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https://www.kxii.com/prnewswire/2022/06/23/shareholder-alert-ademi-llp-investigates-whether-radius-health-inc-has-obtained-fair-price-its-transaction-with-gurnet-point-patient-square/
| 2022-06-23T17:44:11Z
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Ecosystem Designed to Collaborate, Co-Innovate, and Serve the Needs of Every Autonomous Digital Enterprise
HOUSTON, June 2, 2022 /PRNewswire/ -- BMC, a global leader in software solutions for the Autonomous Digital Enterprise, today announced the BMC Innovation Labs Preferred Partner Program, a high-touch, extremely collaborative co-innovation program built for, and with, BMC partners and customers. The program is focused on ideation and experimentation to design and ultimately commercialize modern technology solutions to support customers on their Autonomous Digital Enterprise journey.
The BMC Innovation Labs Preferred Partner Program was created to provide dedicated spaces for partners to develop new and disruptive ideas that go beyond traditional enterprise IT. It embraces fresh thinking and new perspectives, and takes advantage of group ideation through a rich partner ecosystem to anticipate and addresses customers' needs quickly and more effectively. Customers also support the innovation journey by collaborating with both BMC and its Innovation Labs preferred partners to develop, test, and provide real-time feedback, delivering immediate value.
"Working with BMC Innovation Labs is powerful and exciting. It's all about collaboration, agility and creativity, constantly driving the development of innovation solutions that accelerate the business outcomes for our joint customers, and giving them the differentiation they seek," said Colin Miranda, CEO at CyberMAK. "As experts in digital enterprise management solutions, we value the impressive ecosystem that BMC is beginning to assemble. We're excited to extend our 25-year partnership with BMC and bring CyberMAK's industry domain knowledge and technological expertise to the table as we co-innovate on market-changing solutions that will truly move the needle for our customers."
Digital transformation fundamentally changes how companies operate and deliver value to their customers. This requires organizations in all industries to continually challenge the status quo, experiment, and become comfortable with constant iteration. BMC introduced the Innovation Labs in 2020, and programming is initially focused on co-innovation across industries including oil and gas, retail, customer service, transportation, and communications service providers among others. The program will also focus on developing solutions using technologies like artificial intelligence, machine learning, IoT, knowledge analytics, blockchain, and big data automation.
According to Gartner®, "the ongoing evolution of products, services, and business models requires a strong emphasis on innovation by creating an innovation competency with a sustained focus on driving positive change and scaling the ideas to create lasting impact."1
"BMC has a history of innovation to help our customers continue to transform. Today, we have our eye on the future, and our partners play an important role," said Ram Chakravarti, chief technology officer at BMC. "Our innovation ecosystem aims to bring together some of the industry's brightest minds to design game-changing solutions, test and apply new technologies – and ultimately build aligned technology roadmaps for commercially viable solutions. We are excited to showcase the power of our partnerships to help organizations around the world solve real-world business challenges in their Autonomous Digital Enterprise journey."
Within this ecosystem, selected BMC Innovation Labs preferred partners can expect access to new innovations, support to design game-changing solutions, and aligned technology roadmaps that help provide a faster time-to-value for everyone involved. BMC partners can visit the BMC Innovation Labs Preferred Partner Program website to request consideration for the invitation-only program.
Additional Resources
- Learn more about the BMC Innovation Labs and BMC Innovation Labs Preferred Partner Program
- Discover what it takes to be an Autonomous Digital Enterprise
¹Gartner, "CIO Leadership of Innovation, Disruptive Trends and Emerging Practices Primer for 2022," Peter Skyttegaard, Brian Prentice, Daniel Sun, Michelle Bazargan, 4 February 2022.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
About BMC
BMC works with 86% of the Forbes Global 50 and customers and partners around the world to create their future. With our history of innovation, industry-leading automation, operations, and service management solutions, combined with unmatched flexibility, we help organizations free up time and space to become an Autonomous Digital Enterprise that conquers the opportunities ahead.
BMC, BMC Software, the BMC logo, and other BMC marks are the exclusive properties of BMC Software, Inc. and are registered or may be registered with the U.S. Patent and Trademark Office or in other countries.
©Copyright 2022 BMC Software, Inc.
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Editorial contact:
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BMC
ExtComms@bmc.com
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https://www.mysuncoast.com/prnewswire/2022/06/02/bmc-focuses-future-with-innovation-labs-preferred-partner-program/
| 2022-06-02T20:20:54Z
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NACKA STRAND, Sweden, May 11, 2022 /PRNewswire/ -- The Board of Directors of Hexagon AB (publ) has resolved, pursuant to the authorization granted by the Annual General Meeting held on 29 April 2022, to acquire the company's own shares of Series B on Nasdaq Stockholm. The purpose of the repurchase is to ensure Hexagon's undertakings in respect of Share Programme 2022/2025 (other than delivery of shares to participants in the incentive programme), including covering social security costs.
Acquisition may be made of maximum 5,500,000 Series B shares. Acquisition may be made on one or several occasions and shall be made on Nasdaq Stockholm in accordance with its rules. The acquisitions will be made at a price per share within the from time to time registered trading interval. Payment for the shares will be made in cash. Reporting will take place through the stock exchange in accordance with applicable rules. Acquisitions may be made from and including 11 May 2022 until the Annual General Meeting 2023.
Currently, Hexagon holds 10,200,000 own shares of Series B. The total number of outstanding shares in Hexagon is 2,705,477,888 shares, including 110,250,000 shares of Series A and 2,595,227,888 shares of Series B. In the event of a fully executed share repurchase, the company will own shares representing maximum 0.6 per cent of the shares issued in the company.
For further information, please contact:
Maria Luthström, Head of Sustainability and Investor Relations, Hexagon AB, +46 8 601 26 27, ir@hexagon.com
The information was submitted for publication at 19.00 CET on 11 May 2022.
This information was brought to you by Cision http://news.cision.com
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https://www.kxii.com/prnewswire/2022/05/11/utilization-authorization-hexagon-ab-repurchase-own-shares-due-incentive-programme/
| 2022-05-11T19:24:00Z
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NEW YORK, Aug. 29, 2022 /PRNewswire/ -- Founded in 2021, Highlight, a next-gen in-home product testing platform, is proud to announce their debut and high ranking for three areas in GreenBook's annual GRIT (Greenbook Research Industry Trends) Report.
GreenBook, the premier marketing and thought leadership platform for the global consumer insights industry, has published the GRIT Report annually since 2011. The report has become the most comprehensive and detailed look into the global market research industry with countless brands using it as a tool when they are executing on their research.
In 2022's GRIT Report Highlight secured three top rankings in their debut on the report:
- #32 in Top 50 Suppliers
- Technology Provider #13
- Qualitative Research Provider #12
Ethan Kellough, Chief Product Technology Officer at Highlight on the #13 Technology Provider ranking, "Highlight's inclusion on the GreenBook Grit Top Technology Provider list is testament to the fact that physical product designers, developers, and marketers have been lacking technology solutions to get them exceptional product data on tight timelines. This recognition proves that the Highlight Agile In-Home Usage Testing platform is making a massive improvement in the way physical product people get closer to their customers, and Highlight will continue to innovate new technologies that allow physical products to be developed in the same agile, customer-centric ways as digital products"
Head of Growth at Highlight, Calista Corley comments on the big wins,
We are thrilled that our fast growth and innovation in the physical product testing space has been recognized by Greenbook. Empowering brands to build better products is our passion and in the past year, we have helped brands like Nestlé and Estée Lauder experience big wins in successful new product launches as well as product refinements. This desire to drive value is what keeps the entire Highlight team laser-focused and committed to a very successful journey ahead.
Highlight is an agile in-home product testing platform. The turnkey, all-in-one platform handles your product research end-to-end from recruit to report, including any shipping of product. Highlight offers access to an engaged tester community, granular targeting, and live data in visualized dashboards, while cutting time to insight in half.
For more info about the company, visit www.letshighlight.com
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https://www.kxii.com/prnewswire/2022/08/29/highlight-ranked-top-market-research-provider-by-greenbooks-2022-grit-report/
| 2022-08-29T19:03:12Z
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NEW YORK, Sept. 12, 2022 /PRNewswire/ -- Kourtney Kardashian Barker introduces Lemme, a new vitamin and supplement brand with innovative science-backed formulations that are delicious, clean and packaged in 100% post consumer-recycled materials. Lemme is the culmination of Kourtney's decades-long passion for health and wellness, and five years of research with a team of leading scientists, MD's and botanists to create the cleanest-possible gummy vitamins and supplements.
After launching Poosh in 2019, a multimedia platform that quickly became one of the most followed and trusted authorities in the space, Kourtney began learning about products and health issues that were important to her community.
"After years of struggling to find the right supplements, I embarked on a journey to create science-backed products that you would legitimately look forward to taking everyday," says founder Kourtney Kardashian Barker.
Lemme launches with three gummy supplements formulated with clinically-studied ingredients to ensure optimal results:
- Lemme Matcha ($30): Energy B12 Gummies with Organic Matcha, CoQ10 and Vitamin B12 to support cellular energy, promote energy metabolism and aid in the conversion of food into energy.
- Lemme Chill ($30): De-Stress Gummies with clinically-studied KSM-66 Ashwagandha to support reduced stress, healthy cortisol levels and reduce stress-related food cravings. Formulation includes a botanical blend of Passionflower, Lemon Balm and Goji Berry in a natural mixed berry flavor.
- Lemme Focus ($30): Concentration Gummies with clinically-tested Cognizin Citicoline to support focus, concentration and attention. Formulation includes Organic Lion's Mane, Organic MCT Oil and Vitamin B12 in a natural strawberry flavor.
Lemme's eye-catching bottle design is inspired by Kourtney's love of vintage candy jars. The bespoke spiral gummy design, which can also be seen on the bottle caps, was designed by Kourtney.
Formulated and manufactured in the United States with globally sourced ingredients, Lemme products are vegan, gluten-free and non-GMO. There is no corn syrup, glucose syrup, gelatin or palm oil, and all Lemme products are free of artificial sweeteners, synthetic colors and sugar alcohols.
Dr. Thais Aliabadi, a board-certified physician specializing in women's health who has known Kourtney Kardashian Barker for over a decade and sits on Lemme's Medical Advisory Board says, "Kourtney has spent years working with a team of top scientists and specialists to create innovative formulations leveraging clinically-researched nutrients, vitamins and botanicals. She prioritized ingredients that were bioavailable and filled nutritional gaps in people's diets."
Lemme is a planet-first brand utilizing 100% post-consumer recycled materials for their bottles and caps, and recyclable materials for all shipping mailers and boxes. Lemme's partnership with Carbonfund offsets the footprint of every Lemme shipment, and with One Tree Planted, Lemme is committed to planting thousands of trees every year to restore forests and habitats that make a positive social impact around the world.
Lemme will launch on September 27 exclusively on lemmelive.com.
Follow on Instagram: @lemme
LINK TO DOWNLOAD PRESS ASSETS: HERE
Press Contact
Lemme | PR Consulting
lemme@prconsulting.net
About Lemme
Founded by Kourtney Kardashian Barker, Lemme is a new range of vitamins and supplements developed to become a divine, feel-good part of your everyday life. Over the last five years, Kourtney collaborated with leading scientists, MD's, and botanists to create the cleanest-possible gummy vitamins and supplements — using clinically-backed ingredients and premium proprietary formulations that help you to live a fuller, more balanced life. The twist? Lemme made them so delicious you can't believe they're good for you.
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https://www.kxii.com/prnewswire/2022/09/12/kourtney-kardashian-barker-introduces-lemme/
| 2022-09-12T15:19:31Z
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XYZprinting Sales Director, John Calhoun, to introduce extended strategic alliance with BASF Forward AM and more industrial materials
DETROIT, May 13, 2022 /PRNewswire/ -- To support the continuous adaptation of 3D printing technology across several industries, XYZprinting has set its sights on making affordable machines capable of industrial performance. The manufacturer recently released the MfgPro236 xS Selective Laser Sintering (SLS) 3D printer to the professional market.
XYZprinting MfgPro236 xS SLS Printer with EeezClean Pro Depowdering Station
Working towards the goal of making pricey powdered materials more affordable and accessible to customers, XYZprinting has partnered with BASF, the German 3D printing material supplier, to provide a high-performance yet low-cost SLS 3D printing ecosystem. The latest addition to XYZprinting's growing material portfolio includes BASF Ultrasint PA6 Series. This BASF material joins a robust lineup of material offerings with XYZprinting's SLS 3D printer line, customers now have access to affordable and professional-grade machines capable of producing highly functional and accurate parts.
Key Facts: MfgPro236 xS
BASF Forward AM Ultrasint® PA6 Series
By adding Ultrasint PA6 Series, XYZprinting is expanding its presence in the professional market and introducing materials that will satisfy professionals and businesses that are leveraging SLS 3D printing for prototyping and end-use serial part production.
Known for its strong mechanical properties, PA6 has long been a stable material for commercial endeavors of all sorts, from automotive to fluid reservoirs as well as high-temperature applications.
PA6 combines superior thermal resistance with high isotropic rigidity thanks to in-particle filler technology. It has proven high modulus, high strength, and excellent thermal distortion stability.
- Tensile strength: 56 MPa
- Young's modulus: 3600 MPa
- Elongation at break: 10 %
- HDT B (0.45 MPa, dry): 192 °C / 378 F
This PA6 material is useful for several applications, ideal for producing the following:
- Serial part production
- Engine compartment parts
- Jigs & Fixtures
- Piping and media flow/storage parts
- Fluid reservoirs
- Multi-purpose industrial goods
The expansion of SLS materials showcases XYZprinting's dedication to making commercial 3D printing more accessible and affordable for pro users and small businesses.
Visit XYZprinting to learn more about its professional 3D printing offering, including its new array of materials, and request a quote for a MfgPro236 xS or MfgPro230 xS SLS 3D printer.
Visit XYZprinting at RAPID + TCT 2022 Booth# 2635 on May 17-19, 2022
About XYZprinting:
XYZprinting is a leading global provider of comprehensive 3D printing solutions. XYZprinting is the number one global brand in desktop 3D printing products and services and is now moving decisively into the industrial additive manufacturing arena.
XYZprinting is backed by the world's leading electronic manufacturing conglomerate, New Kinpo Group, which earns more than 36 billion dollars revenue annually and has more than 8,500 engineers in research and development across four continents. With nearly two decades of design and manufacturing experience, New Kinpo Group is a recognized manufacturer of many of today's printers for both personal and commercial use.
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https://www.mysuncoast.com/prnewswire/2022/05/13/xyzprinting-partners-with-basf-forward-am-offer-ultrasint-pa6-series-its-mfgpro236-xs-sls-system/
| 2022-05-13T16:40:26Z
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New ETFs provide first-of-its-kind access to express high conviction in (or against) specific U.S. stocks, as AXS continues fast-growing, innovative expansion into the ETF space
NEW YORK, July 14, 2022 /PRNewswire/ -- AXS Investments, a leading asset manager providing access to alternative investments for growth, income and diversification, today launched a suite of eight ETFs that seek to provide leveraged long or inverse exposure to the daily performance of some of the most actively traded stocks across a variety of sectors.
"We are thrilled to be the first firm to bring single-stock leveraged and inverse ETFs to U.S. investors," said Greg Bassuk, CEO of AXS Investments. "With the launch of this highly innovative family of ETFs, AXS has once again opened new access for investors, namely to express their high-conviction views on some of the most actively traded single stocks, regardless of whether their sentiment is bullish or bearish. AXS is excited to continue our robust build-out of highly differentiated ETFs designed to provide investors with unique, first-of-their-kind investments to achieve their varying objectives."
The initial suite of AXS single-stock ETFs provides investors with leveraged long ("Bull") and short ("Bear") daily exposure to the following stocks:
- Tesla: AXS TSLA Bear Daily ETF (TSLQ)
- NVIDIA: AXS 1.25X NVDA Bear Daily ETF (NVDS)
- PayPal: AXS 1.5X PYPL Bull Daily ETF (PYPT) and AXS 1.5X PYPL Bear Daily ETF (PYPS)
- Nike: AXS 2X NKE Bull Daily ETF (NKEL) and AXS 2X NKE Bear Daily ETF (NKEQ)
- Pfizer: AXS 2X PFE Bull Daily ETF (PFEL) and AXS 2X PFE Bear Daily ETF (PFES)
AXS Continues to Expand Fund Lineup with Fast-Growing Suite of First-of-Their-Kind Strategies
Today's rollout of these new ETFs is just one of many major strategic growth initiatives successfully achieved by AXS. It comes on the heels of the firm's recent acquisitions, including:
- Change Finance ESG ETF (CHGX), the industry's first-ever carbon neutral ETF.
- AXS Income Opportunities Fund (OIOIX), providing access to a broadly diversified portfolio of preferred stocks of exchange-listed real estate companies.
The AXS ETF business also is rapidly expanding with several successful launches of first-of-their-kind ETFs, including:
- AXS Astoria Inflation Sensitive ETF (PPI), the industry's first ETF exposure to both investments that mitigate the devaluation effects of inflation, and that also enable the possibility for growth in price-rising environments.
- AXS 2X Innovation ETF (TARK), the first two times (2x) daily exposure to a portfolio of companies involved in transformational industries, such as genomics, autonomous vehicles and next-gen internet.
- AXS Short China Internet ETF (SWEB), the first 1x daily short exposure to a portfolio of China-based Internet-related companies.
"Whether it is powerful inflation fighting tools, ways to express views on innovation, or a host of other novel investments that previously were unavailable to investors, our goal remains to be the leader in providing investors with access to the tools needed to build portfolios and to trade effectively in today's volatile markets," continued Bassuk. "We're very excited about today's news, and all that we still have in our product pipeline for 2022 and beyond."
AXS Investments is a leading alternative investment manager providing a diversified family of alternative and sustainable investments for growth, income and diversification. The firm empowers investors to diversify their portfolios with investments previously available only to the largest institutional and high net worth investors. The investor-friendly AXS funds are time-tested, liquid, transparent and managed by high pedigreed portfolio managers with long and strong track records. For more information, visit www.axsinvestments.com.
There are risks involved with investing including the possible loss of principal. Past performance does not guarantee future results. Investors should carefully consider the investment objectives, risks, charges and expenses of any fund before investing. To obtain a prospectus containing this and other important information, please click here to view or download a prospectus online or call 833.AXS.ALTS (833.297.2587). Read the fund's prospectus carefully before you invest.
AXS leveraged and inverse ETFs are not suitable for all investors. The Funds are designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged and inverse leveraged investment results, understand the risks associated with the use of leverage, and are willing to monitor their portfolios frequently.
The Funds are not intended to be used by, and are not appropriate for, investors who do not intend to actively monitor and manage their portfolios. For periods longer than a single day, the Funds will lose money if the underlying stock's performance is flat, and it is possible that the Fund will lose money even if the underlying stock's performance decreases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day.
A levered and/or inverse single-stock ETF is not the same as holding the underlying stock, a traditional ETF, or even a non-single stock levered and/or inverse ETF. Unlike traditional ETFs, or other levered and/or inverse ETFs, the Funds track the price of a single stock rather than an index, eliminating the benefits of diversification.
Although the Funds will be listed and traded on an exchange, an investment in a Fund may not be suitable for every investor. The Funds pose risks that are unique and complex.
Derivatives Risk: The Funds' use of derivatives may be considered aggressive and may expose the Funds to greater risks and larger losses or smaller gains than investing directly in the reference asset(s) underlying those derivatives. A derivative refers to any financial instrument whose value is derived, at least in part, from the price of an underlying security, asset, rate or index.
Leverage Risk: Leverage increases the risk of a total loss of an investor's investment, may increase the volatility of the Funds, and may magnify any differences between the performance of the Funds and its referenced single stock or index. Because the Funds include a multiplier of, for example, positive two times (200%) or negative two times (-200%) of the underlying stock, a single day movement in that stock approaching 50% at any point in the day could result in the total loss of an investor's investment if that movement is contrary to the investment objective of the given Fund, even if the underlying stock subsequently moves in an opposite direction, eliminating all or a portion of the earlier movement. This would be the case with any such single day movements in the stock, even if the stock maintains a level greater than zero at all times.
Compounding Risk: The Funds have a single day investment objective, and performance for any other period is the result of their returns for each day compounded over the period. The performance of the Funds for periods longer than a single day will very likely differ in amount, and possibly even direction, from, for example, 200% or -200% of the daily return of the underlying stock for the same period, before accounting for fees and expenses.
Swap agreement risk: The Fund expects to use swap agreements as a means to achieve its investment objective, which may expose the Fund to greater risks and larger losses or smaller gains than investing directly in the reference asset(s) underlying those derivatives. Swaps are also subject to the risk of imperfect correlation between the value of the reference asset underlying the swap and the swap. The use of swap agreements are also subject to additional risks such as the lack of regulation, counterparty risk, liquidity risk and could expose investors to significant losses.
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.
Distributed by IMST Distributors, LLC, which is not affiliated with AXS Investments.
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| 2022-07-14T14:59:16Z
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PRINCETON, N.J., Sept. 6, 2022 /PRNewswire/ -- Today, ETS President and CEO Amit Sevak announced that Rohit Sharma will join ETS as Senior Vice President of Global Workskills. In his new role, Sharma will help ETS scale its offerings for upskilling and workskills development for professionals seeking career advancement and mobility. He will oversee all aspects of this new division, from sales and marketing to product and operations, with an emphasis on long-term goals, growth, profit and return on investment.
"Rohit possesses a keen understanding that education spans an individual's lifetime, continuing well beyond high school, college or even an advanced degree," says Sevak. "We're incredibly fortunate to leverage his leadership and expertise at this pivotal moment as ETS seeks to provide critical solutions to help businesses close the gap between vacancies and finding employees with the right set of workplace skills."
Sharma previously served as the COO of ThriveDX (formerly HackerU), a leader in digital skills training. He was responsible for driving product design and development, operational delivery and learner outcomes.
"The future of our workforce, companies and industries depends upon our ability to keep the skills of employees sharp so that we can better compete, drive growth and spur innovation," says Sharma. "I look forward to helping ETS become a leader in enhancing the skill sets of working professionals so that they, and the companies they work for, grow and reach their fullest potential."
Sharma has over two decades of international experience across a range of sectors including higher education, training, certification and workforce development. His previous professional experience includes serving as president and managing director of ACAMS (previously, a wholly owned subsidiary of Adtalem Global Education) and CEO of INTI Education Group. Early in his career, he also served as a management consultant with the Boston Consulting Group.
Sharma has a bachelor's degree in engineering from IIT Kanpur in India and an MBA from the University of Virginia's Darden Business School.
About ETS
At ETS, we advance quality and equity in education for people worldwide by creating assessments based on rigorous research. ETS serves individuals, educational institutions and government agencies by providing customized solutions for teacher certification, English language learning, and elementary, secondary and postsecondary education, and by conducting education research, analysis and policy studies. Founded as a nonprofit in 1947, ETS develops, administers and scores more than 50 million tests annually — including the TOEFL® and TOEIC® tests, the GRE® tests and The Praxis Series® assessments — in more than 180 countries, at over 9,000 locations worldwide. www.ets.org
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https://www.mysuncoast.com/prnewswire/2022/09/06/rohit-sharma-named-senior-vice-president-global-workskills/
| 2022-09-06T16:07:25Z
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Osage City man arrested for drugs after traffic stop
Published: Aug. 17, 2022 at 7:37 PM CDT|Updated: 1 hour ago
OSAGE CO., Kan. (WIBW) - A traffic stop near Osage County led to the location of narcotics which sent an Osage City man to jail on Wednesday afternoon.
According to the Osage County Sheriff’s office, just before 4:30 p.m. Shane Dieker, 45, of Osage City, was pulled over by deputies at 229th and US-56 Highway, near Osage City. During the stop, narcotics were located in Decker’s vehicle.
Dieker was taken into custody and transported to the Osage County Jail on the following charges:
- Possession of methamphetamine
- Possession of drug paraphernalia
- Driving while license is suspended
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/08/18/osage-city-man-arrested-drugs-after-traffic-stop/
| 2022-08-18T01:44:02Z
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Top programs leaning on boosts from popular transfer portal
By JOHN ZENOR
AP Sports Writer
College basketball coaches around the country are plugging holes and adding veterans to their rosters through the transfer portal. It’s the new, popular offseason ritual for teams looking to plug some immediate holes to supplement the traditional high school signees and replace NBA draft departures, who often don’t announce their decisions until April. Some rosters are still taking shape. Kentucky’s Keion Brooks, Baylor’s Matthew Mayer and New Mexico State’s Teddy Allen were among the players entering the portal just ahead of the NCAA’s May 1 deadline.
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https://localnews8.com/sports/ap-national-sports/2022/05/12/top-programs-leaning-on-boosts-from-popular-transfer-portal/
| 2022-05-12T09:47:13Z
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5.2 Billion Parcels Grew 16.8% Increasing Market Share to 21.6%
RMB1.1 Billion Adjusted Net Income Grew 34.9% as Industry Pricing Turned Around
SHANGHAI, May 25, 2022 /PRNewswire/ -- ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK: 2057), a leading and fast-growing express delivery company in China ("ZTO" or the "Company"), today announced its unaudited financial results for the first quarter ended March 31, 2022[1]. Despite severe impact from Omicron induced shutdowns starting in March, the Company grew parcel volume 5.2 billion, or 16.8%, while achieving high levels of customer satisfaction as well as earnings growth. Cash generated from operating activities was RMB1,105.4 million.
Financial Highlights for First Quarter 2022
- Revenues were RMB7,904.1 million (US$1,246.8 million), an increase of 22.1% from RMB6,472.5 million in the same period of 2021.
- Gross profit was RMB1,619.5 million (US$255.5 million), an increase of 47.7% from RMB1,096.5 million in the same period of 2021.
- Net income was RMB875.5 million (US$138.1 million), an increase of 64.1% from RMB533.5 million in the same period of 2021.
- Adjusted EBITDA[2] was RMB2,002.1 million (US$315.8 million), an increase of 36.4% from RMB1,468.1 million in the same period of 2021.
- Adjusted net income[3] was RMB1,054.5 million (US$166.3 million), an increase of 34.9% from RMB781.6 million in the same period of 2021.
- Basic and diluted net earnings per American depositary share ("ADS"[4]) were RMB1.12 (US$0.18), an increase of 75.0% from RMB0.64 in the same period of 2021.
- Adjusted basic and diluted net earnings per American depositary share[5] attributable to ordinary shareholders were RMB1.34 (US$0.21), an increase of 42.6% from RMB0.94 in the same period of 2021.
- Net cash provided by operating activities was RMB1,105.4 million (US$174.4 million), compared with RMB477.0 million in the same period of 2021.
Operational Highlights for First Quarter 2022
- Parcel volume was 5,226 million, an increase of 16.8% from 4,475 million in the same period of 2021.
- Number of pickup/delivery outlets was over 30,700 as of March 31, 2022.
- Number of direct network partners was over 5,750 as of March 31, 2022.
- Number of line-haul vehicles was approximately 11,000 as of March 31, 2022, which were self-owned vehicles.
- Out of the approximately 11,000 self-owned trucks, approximately 9,200 were high capacity 15 to 17-meter-long models as of March 31, 2022, compared to over 9,000 as of December 31, 2021.
- Number of line-haul routes between sorting hubs was over 3,650 as of March 31, 2022, compared to approximately 3,700 as of December 31, 2021.
- Number of sorting hubs was 99 as of March 31, 2022, among which 88 are operated by the Company and 11 by the Company's network partners.
Mr. Meisong Lai, Founder, Chairman and Chief Executive Officer of ZTO, commented, "With sound execution of our consistent strategies, ZTO achieved good results for the first quarter. Parcel volume reached 5.2 billion, and we expanded our market share by 1.2 points to 21.6%. Benefiting from the industry's price stabilization and meaningful increases, we increased our income from operations by 76.4% to 1.1billion while maintaining superior quality of services. 2022 remarks our 20th anniversary, and ZTO is better prepared than ever before to further our competitive lead in scale, efficiency and quality of earnings."
Mr. Lai added, "The abrupt Omicron outbreaks that scattered across the country in mid-March disrupted the industry's growth momentum causing its parcel volume to decrease by nearly 12% year over year for the month of April. Tremendous efforts and sacrifices were being made, and ZTO Shanghai was among the first few logistics companies to resume operations in early-May. China is committed to the containment of the virus and a steady economic growth at the same time. We are hopeful to see a carefully staged rebound underway through supportive central policies and coordinated local efforts. We believe the foundation for China's economic growth is sound, and even though prevention will become part of a daily norm, being an integral part of people's day-to-day lives, express delivery industry will continue to be the catalyst of the economic expansion as well as benefiting from it"
Ms. Huiping Yan, Chief Financial Officer of ZTO, commented, "Despite various headwinds, ZTO delivered a solid quarterly performance. The adjusted net income grew 34.9% to 1.1 billion with enhanced profit margin. Our core express delivery ASP went up by 8.5% as competition became more sensible. The 2.3% increase of combined unit sorting and transportation cost resulted from weaker volume due to the Omicron lockdowns was temporary. Our operating cost structure is healthy and will provide unsurpassed scale leverage as volume return to normal."
Ms. Yan added, "Cash flow from operating activities increased 131.8% to 1.1 billion. Capital spending was 1.8 billion. As part of the digitization effort to improve operating efficiencies, the volume-cost-profit initiatives have started to show positive results. Detailed data enabled process monitoring, and analyses are made to find, solve, or prevent problems. Suitable pricing and optimal use of resources can provide us greater leverage to dial up volume in-take while ensuring profitability across all segments of operations including those of our network partners."
First Quarter 2022 Financial Results
Total Revenues were RMB7,904.1 million (US$1,246.8 million), an increase of 22.1% from RMB6,472.5million in the same period of 2021. Revenue from the core express delivery business increased 26.6% compared to the same period of 2021, as a combined result of a 16.8% increase in parcel volume and an 8.5% increase in parcel unit price. Revenue from freight forwarding services decreased by 32.8% compared to the same period of 2021 as cross border e-commerce demand and pricing gradually normalized with pandemic recovery. Revenue from sales of accessories, largely consisted of sales of thermal paper used for digital waybills, increased 8.4%. Other revenues were mainly consisted of financing services and equipment sales.
Total cost of revenues was RMB6,284.6 million (US$991.4 million), an increase of 16.9% from RMB5,376.0 million in the same period last year.
Line haul transportation cost was RMB2,954.0 million (US$466.0 million), an increase of 16.6% from RMB2,533.9 million in the same period last year. The unit transportation cost remained flat given the sharp increase in fuel costs yet offset by continued transportation cost efficiency gain derived mainly from higher mix of high-capacity trailer trucks of our fleet and improved load rate from better route planning. There were approximately 1,100 more self-owned high-capacity vehicles in operation compared to the same period last year.
Sorting hub operating cost was RMB1,880.4 million (US$296,6 million), an increase of 24.4% from RMB1,511.4 million in the same period last year. The increase was primarily consisted of (i) RMB222.3 million (US$35.1 million) increase in labor-associated costs, a net result of wage increase offset by automation-driven efficiency improvement, and (ii) RMB105.4 million (US$16.6 million) increase in depreciation and amortization costs for automation equipment and facility construction. As of March 31, 2022, 422 sets of automated sorting equipment were in service, compared to 349 sets as of March 31, 2021.
Cost of accessories sold was RMB82.9 million (US$13.1 million), increased 11.2% compared with RMB74.6 million in the same period last year in line with parcel volume growth.
Gross Profit was RMB1,619.5 million (US$255.5 million), increased 47.7% from RMB1,096.5million in the same period last year as a result of both volume and ASP increase at a higher rate than cost increase. Gross margin rate improved to 20.5% from 16.9% for the same period last year.
Total Operating Expenses were RMB503.2 million (US$79.4 million), compared to RMB463.7million in the same period last year.
Selling, general and administrative expenses were RMB618.2 million (US$97.5 million), decreased by 0.3% from RMB620.2 million in the same period last year, mainly due to the decrease of share-based compensation expense.
Other operating income, net was RMB115.0 million (US$18.1 million), compared to RMB156.6 million in the same period last year, and consisted mainly of (i) RMB68.3 million (US$10.8 million) of VAT super deduction and (ii) government subsidies and tax rebates of RMB49.9 million (US$7.9 million).
Income from operations was RMB1,116.3 million (US$176.1 million), an increase of 76.4% from RMB632.9 million for the same period last year. Operating margin rate increased to 14.1% from 9.8% in the same period last year.
Interest income was RMB111.1 million (US$17.5 million), compared with RMB75.5 million in the same period last year.
Interest expenses was RMB59.6 million (US$9.4 million), compared with RMB15.6 million in the same period last year.
Loss from fair value changes of financial instruments was RMB0.9 million (US$0.1 million), compared with a gain of RMB15.8 million in the same period last year, which reflected fair value changes determined by selling banks according to market-based estimations of the redemption prices of the financial instruments.
Income tax expenses were RMB255.2 million (US$40.3 million) compared to RMB149.6 million in the same period last year. Overall income tax rate increased by 2.9 percentage points this quarter compared to same period last year as a result of higher mix of taxable income generated by local operating entities which are subject to the full 25% tax rate compared than the 15% preferential rate granted to one of our headquarter entities for its High and New Technology Enterprise qualification.
Net income was RMB875.5 million (US$138.1 million), which increased by 64.1% from RMB533.5 million in the same period last year.
Basic and diluted earnings per ADS attributable to ordinary shareholders were RMB1.12 (US$0.18), compared to basic and diluted earnings per ADS of RMB0.64 in the same period last year.
Adjusted basic and diluted earnings per ADS attributable to ordinary shareholders were RMB1.34 (US$0.21), compared with RMB 0.94 in the same period last year.
Adjusted net income was RMB1,054.5 million (US$166.3 million), compared with RMB781.6 million during the same period last year.
EBITDA[1] was RMB1,823.1 million (US$287.6 million), compared with RMB1,220.1 million in the same period last year.
Adjusted EBITDA was RMB2,002.1 million (US$315.8 million), compared to RMB1,468.1 million in the same period last year.
Net cash provided by operating activities was RMB1,105.4 million (US$174.4 million), compared with RMB477.0 million in the same period last year.
Business Outlook
Company Share Purchase
On November 14, 2018, the Company announced a share repurchase program whereby ZTO was authorized to repurchase its own Class A ordinary shares in the form of ADSs with an aggregate value of up to US$500 million during an 18-month period thereafter. On March 13, 2021, the board of directors of the Company approved the extension of the active share repurchase program to June 30, 2021. On March 31, 2021, the board of directors has approved changes to the share repurchase program, increasing the aggregate value of shares that may be repurchased from US$500 million to US$1 billion and extending the effective time by two years through June 30, 2023. The Company expects to fund the repurchases out of its existing cash balance. As of March 31, 2022, the Company has purchased an aggregate of 36,074,242 ADSs at an average purchase price of US$25.21, including repurchase commissions.
Exchange Rate
This announcement contains translation of certain Renminbi amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from Renminbi to U.S. dollars were made at the exchange rate of RMB6.3393 to US$1.00, the noon buying rate on March 31, 2022 as set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve Systems.
Use of Non-GAAP Financial Measures
The Company uses EBITDA, adjusted EBITDA, adjusted net income, adjusted net income attributable to ordinary shareholders and adjusted basic and diluted earnings per American depositary share, each a non-GAAP financial measure, in evaluating ZTO's operating results and for financial and operational decision-making purposes.
Reconciliations of the Company's non-GAAP financial measures to its U.S. GAAP financial measures are shown in tables at the end of this earnings release, which provide more details about the non-GAAP financial measures.
The Company believes that EBITDA, adjusted EBITDA, adjusted net income, adjusted net income attributable to ordinary shareholders and adjusted basic and diluted earnings per American depositary share help identify underlying trends in ZTO's business that could otherwise be distorted by the effect of the expenses and gains that the Company includes in income from operations and net income. The Company believes that EBITDA, adjusted EBITDA, adjusted net income, adjusted net income attributable to ordinary shareholders and adjusted basic and diluted earnings per American depositary share provide useful information about its operating results, enhance the overall understanding of its past performance and future prospects and allow for greater visibility with respect to key metrics used by ZTO's management in its financial and operational decision-making.
EBITDA, adjusted EBITDA, adjusted net income, adjusted net income attributable to ordinary shareholders and adjusted basic and diluted earnings per American depositary share should not be considered in isolation or construed as an alternative to net income or any other measure of performance or as an indicator of the Company's operating performance. Investors are encouraged to compare the historical non-GAAP financial measures to the most directly comparable GAAP measures. EBITDA, adjusted EBITDA, adjusted net income, adjusted net income attributable to ordinary shareholders and adjusted basic and diluted earnings per American depositary share presented here may not be comparable to similarly titled measures presented by other companies. Other companies may calculate similarly titled measures differently, limiting their usefulness as comparative measures to ZTO's data. ZTO encourages investors and others to review the Company's financial information in its entirety and not rely on a single financial measure.
Conference Call Information
ZTO's management team will host an earnings conference call at 8:30 PM U.S. Eastern Time on Wednesday, May 25, 2022 (8:30 AM Beijing Time on May 26, 2022).
Dial-in details for the earnings conference call are as follows:
Please dial in 15 minutes before the call is scheduled to begin and provide the passcode to join the call.
A replay of the conference call may be accessed by phone at the following numbers until June 1, 2022:
Additionally, a live and archived webcast of the conference call will be available at http://zto.investorroom.com.
About ZTO Express (Cayman) Inc.
ZTO Express (Cayman) Inc. (NYSE: ZTO and SEHK:2057) ("ZTO" or the "Company") is a leading and fast-growing express delivery company in China. ZTO provides express delivery service as well as other value-added logistics services through its extensive and reliable nationwide network coverage in China.
ZTO operates a highly scalable network partner model, which the Company believes is best suited to support the significant growth of e-commerce in China. The Company leverages its network partners to provide pickup and last-mile delivery services, while controlling the mission-critical line-haul transportation and sorting network within the express delivery service value chain.
For more information, please visit http://zto.investorroom.com.
Safe Harbor Statement
This news release contains "forward-looking" statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include but are not limited to the Company's unaudited results for the first quarter of 2022, ZTO management quotes and the Company's financial outlook.
These forward-looking statements are not historical facts but instead represent only the Company's belief regarding expected results and events, many of which, by their nature, are inherently uncertain and outside of its control. The Company's actual results and other circumstances may differ, possibly materially, from the anticipated results and events indicated in these forward-looking statements. Announced results for the first quarter of 2022 are preliminary, unaudited and subject to audit adjustment. In addition, the Company may not meet its financial outlook included in this news release and may be unable to grow its business in the manner planned. The Company may also modify its strategy for growth. In addition, there are other risks and uncertainties that could cause the Company's actual results to differ from what it currently anticipates, including those relating to the development of the e-commerce industry in China, its significant reliance on the Alibaba ecosystem, risks associated with its network partners and their employees and personnel, intense competition which could adversely affect the Company's results of operations and market share, any service disruption of the Company's sorting hubs or the outlets operated by its network partners or its technology system. For additional information on these and other important factors that could adversely affect the Company's business, financial condition, results of operations, and prospects, please see its filings with the U.S. Securities and Exchange Commission.
All information provided in this press release and in the attachments is as of the date of the press release. The Company undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise, after the date of this release, except as required by law. Such information speaks only as of the date of this release.
The following table provides a reconciliation of cash, cash equivalents and restricted cash reported within the condensed consolidated balance sheets that sum to the total of the same such amounts shown in the condensed consolidated statements of cash flows:
For investor and media inquiries, please contact:
ZTO Express (Cayman) Inc.
Investor Relations
E-mail: ir@zto.com
Phone: +86 21 5980 4508
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https://www.wibw.com/prnewswire/2022/05/25/zto-reports-first-quarter-2022-unaudited-financial-results/
| 2022-05-26T07:48:59Z
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WASHINGTON, Aug. 31, 2022 /PRNewswire/ -- The Lupus Foundation of America and Lupus Canada are proud to announce that the 2022 Lupus Canada Catalyst Award has been awarded to Éric Boilard, PhD, Professor at Université Laval in the Department of Microbiology and Immunology and researcher at Centre de Recherche du CHU de Québec, for his study examining the role of platelets in lupus.
Dr. Boilard will be examining megakaryocytes, giant cells located in bones and lungs that produce platelets. Studies have shown that platelets can aggravate lupus by producing molecules that promote inflammation and plug blood vessels, a process known as thrombosis. In Dr. Boilard's study, he will study megakaryocytes to determine whether there are defects in these cells that subsequently promote the production of platelets that activate the immune system in lupus. The findings from his study could uncover new pathways that impact lupus classification criteria and treatment.
"Intriguing new research findings have shown that megakaryocytes may contribute to immunity, which is why it's critical for us to further understand these cells and how they may impact lupus," shared Dr. Boilard. "The Lupus Canada Catalyst Award from the Lupus Foundation of America and Lupus Canada is providing a unique opportunity to study this important area and utilize emerging new technologies to analyze these cells that hold potential promise for new lupus treatment pathways."
The Lupus Canada Catalyst Award supports and provides funding for one year to Canadian researchers at any stage in their career as they embark on innovative research projects that can advance the lupus field and significantly impact the lives of people with lupus.
"Through our partnership with Lupus Canada we have been able to support even more researchers studying important new frontiers in lupus research," said Stevan W. Gibson, president and CEO, Lupus Foundation of America. "Dr. Boilard's study on platelet impact in lupus and other important studies like this have the potential to change our approaches to lupus classification, treatment and improve the lives of people impacted by lupus."
"The Lupus Canada Catalyst Grant, in partnership with the Lupus Foundation of America, illustrates our commitment to investing in Canadian researchers who are focused in the area of discoid or systematic lupus erythematosus (SLE). We are proud to fund innovative lupus research projects that have the potential to significantly advance the field or impact the lives of people with lupus," shared Malcolm Gilroy, Volunteer President, Lupus Canada.
Learn more about the Lupus Canada Catalyst Grant and the 2022 awardee.
The Lupus Foundation of America is the national force devoted to solving the mystery of lupus, one of the world's cruelest, most unpredictable and devastating diseases, while giving caring support to those who suffer from its brutal impact. Through a comprehensive program of research, education, and advocacy, we lead the fight to improve the quality of life for all people affected by lupus. Learn more about the Lupus Foundation of America at lupus.org.
Lupus Canada is a non-profit organization dedicated to the mission and vision of improving the lives of Canadians living with lupus through research, advocacy, public awareness and education. No other Canadian organization provides a bigger opportunity to make an impact on lupus and those who live with this debilitating disease. Learn more about Lupus Canada at lupuscanada.org.
Contact:
Mike Donnelly
donnelly@lupus.org
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| 2022-08-31T15:17:23Z
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Cross-channel marketing platform leader uncovers heightened consumer expectations toward email, SMS and mobile app messaging
SAN DIEGO, May 24, 2022 /PRNewswire/ -- Cordial, the cross-channel marketing platform for brands to communicate in personal, intelligent ways, today announces the findings from its new consumer study, revealing changes in customer engagement expectations. The full report, The New Era of Customer Engagement, draws from the voices of 2,000 consumers, providing insight into evolving personalization expectations, opportunities for growth and innovations for marketers to better engage with their customers.
"When communicating with customers today, brands must break through endless noise to reach their customers. Tools and strategies that worked 10 years ago, let alone two years ago, no longer apply," said Jeremy Swift, CEO and co-founder of Cordial. "Expectations are at an all-time high as technology, instant gratification and myriad other experiences have shifted the norm for consumers. Customers want and expect greater personalization and relevant communication from brands. Highly personalized content is a must in today's marketing landscape, and partial data and disconnected channels don't cut it. Marketers need strong data capabilities to really ensure they are communicating with customers in the ways they expect. Brands must take the time to understand customer expectations and meet them where they are — with more thoughtful and timely communications."
As digital channels become the primary source of shopping efforts, consumer marketing is shifting to an anytime, anywhere approach, allowing customers access at their fingertips. With accelerated online shopping behaviors and expectations, traditional, cyclical outbound messages from brands are no longer sufficient to drive engagement and retain brand loyalists.
Cordial collected data from two consumer surveys of 1,000 adults, age 18 and older, who live in the United States, focusing on consumer expectations, communications, and experiences in the customer journey to understand changing preferences and behaviors.
Key findings from the report include:
- Consumers shop more with those who invest in greater personalization: 81% of consumers are more likely to buy from stores and brands that communicate with them in personal, relevant ways.
- Consumers want marketers to use data in more sophisticated ways to improve their experience: 70% of consumers would be willing to share more information with brands if they knew they would use it to improve their shopping experience.
- The importance of mobile apps is rising in both online and in-store shopping experiences: 70% of consumers are shopping via mobile apps more frequently than they did a year ago, and 76% prefer when stores and brands offer their own mobile apps for shopping.
- Brand loyalty motivators differ by generation: Two-thirds (67%) of Boomers and nearly half (49%) of Gen X say that giving them the lowest price is the best way to win their loyalty. More than half (54%) of Millennials and 44% of Gen Z shoppers point to personalized offers and incentives to keep them happy.
"Our customers have shifted their expectations and as a brand, we have to listen to what they want if we're going to stand out from competitors," said Angela Gow, Director of Digital Merchandising and Email at Eddie Bauer. "It is imperative for us to provide a personalized and relevant experience that allows our customers to feel connected, understood, and heard. By deeply personalizing our channels of communication through Cordial, we have seen a major increase in engagement and a 7% boost in average order value."
Agile marketers at companies including Boot Barn, Revolve, and Forbes trust Cordial to accelerate customer engagement and provide a fresh approach to messaging and real-time data. For more information visit www.cordial.com.
About Cordial
Cordial is a cross-channel marketing platform built to help marketers create unique and unified customer experiences across all channels. Using unlimited data and advanced messaging capabilities, Cordial helps brands communicate with customers in highly personalized ways across email, SMS, mobile app, and more. Founded in San Diego, CA, Cordial was created with the belief that marketing should be more thoughtful and that brands deserve a better experience working with technology partners. Today, brands like Revolve, Backcountry, and Purple rely on Cordial to drive revenue growth by sending a better message. Connect with us at cordial.com.
Media Contact
Jaclyn Pullen
BLASTmedia for Cordial
cordial@blastmedia.com
317-806-1900 ext. 143
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| 2022-05-24T12:47:22Z
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Best nasal strips to combat snoring
Whether you snore infrequently or habitually, it could affect both your quality of sleep as well as your partner’s. Certain factors increase the risk of snoring, such as weight or diet, but the good news is that there are often ways to combat it. One such method is wearing a nasal strip, which is designed specifically to help prevent snoring.
Causes of snoring
According to the Mayo Clinic, the main causes of snoring include:
- Sinus congestion: The common cold can lead to clogged sinuses and snoring.
- Anatomy: People with a low, thick palate or an elongated uvula are more likely to snore. The same goes for those with chronic nasal congestion or a deviated septum.
- Sleeping position: Those who sleep on their back are more prone to snoring because of the way gravity causes the airway to narrow.
- Age and weight: Individuals who are overweight or older are more likely to snore.
- Allergies: Common food and air-based allergens could clog the nasal passage and increase snoring.
- Diet: Drinking alcohol or consuming a lot of dairy, wheat, fatty foods or sugar could increase the risk of snoring.
Ways to prevent snoring
While you can’t always prevent snoring, here are some ways to minimize it and improve your quality of sleep:
- Use nasal strips to reduce snoring caused by temporary conditions, such as a cold.
- Get a nasal spray to clear the sinuses, especially during allergy season.
- Change your diet and get more exercise to lose weight.
- Avoid drinking alcohol before you sleep.
- If you’re a back sleeper, start sleeping on your side to open up your airway.
- Use pillows to elevate your upper body while sleeping.
- Consult with a sleep specialist and get an oral appliance such as an external nasal dilator to help open your air passageways.
If none of these methods are working, or if the snoring is becoming more than a nuisance, speak with a doctor for help or advice. Depending on how chronic or severe it is, you might have sleep apnea or another condition they can treat.
How to use nasal strips
Using a nasal strip for snoring is simple. First, wash and dry your face to remove any excess oils, makeup or dirt. This makes it easier to attach the adhesive to your skin.
Remove the covering that shields the adhesive part of the strip. Then, position it so that it lays across the bridge of your nose. The tabs on the left and right sides of the strip should be just above the nostrils.
Secure the strip by applying gentle pressure to it until it adheres correctly to your skin. Breathe in and out through your nose to make sure it stays in place. You should also be able to tell if you’re breathing more easily or not.
To remove a nasal strip, either pull it off slowly from one side or rinse your face first to loosen it. Most strips are not reusable, so discard yours once done with them.
Design
Nasal strips typically have two main design aspects:
- Band — this is slightly flexible and made to fit around the bridge of the nose
- Adhesive strip — this is on the underside of the nasal strip and is what adheres to the skin
These strips come in different sizes, so make sure you choose ones that contour well to your face. Generally, larger nasal strips or those with more surface area can help open up the nasal passages better than small ones.
Extra-strength
For people who snore more frequently or more loudly, extra-strength nasal strips could help. These have a stronger band that is designed to straighten and expand the nostrils after being applied.
Quantity
Nasal strips usually come in packages of 20 to 40, meaning they can last an equal amount of days. Extra-strength ones sometimes come in smaller packages and are meant for occasional rather than nightly use. If you plan to use nasal strips every night, some come in bulk quantities of 100 or more.
Other uses
Although nasal strips are primarily designed to help combat snoring, they can also help improve your breathing while awake. This is especially useful for athletes who suffer from seasonal allergies while running or working out. If you want strips for daytime use, consider getting clear ones as they blend in more easily with the skin.
Concerns
Nasal strips are generally safe for people to use, but here are a few things to watch out for:
- If you have sensitive skin, removing them could pull it and hurt. Some strips are designed not to do this, though.
- If you’re allergic to latex, use strips that don’t use this material.
- Avoid using nasal strips if you have sores, cuts or irritated skin around your nose.
Best nasal strips for snoring
Breathe Right Original Nose Strips
Designed to reduce snoring and help alleviate nasal congestion, these strips can open up the airways and promote breathing. The pack includes 30 large, tan strips that can be used overnight or during the day. The adhesive is strong, too, so it doesn’t come off even if you sweat.
Sold by Amazon
These 26 lavender-scented nasal strips can improve airflow and help you and your partner sleep better. They’re meant for temporary relief, such as when you’re experiencing a cold or allergies. The scent can also promote a good night’s sleep.
Sold by Amazon
Breathe Right Nasal Strips, Extra Strength
With 26 extra-strength nasal strips, this pack can open the nasal passage and improve sleep quality. The strips also have a strong adhesive to keep them in place throughout the night.
Sold by Amazon
Instaclear Extra-Strength Nasal Breathing Strips
Designed for sensitive skin, these nasal strips can help with airflow, especially if you’re experiencing minor congestion or allergies. Since they’re transparent, they’re also great for daytime use.
Sold by Amazon
Clear Passage Nasal Strips Medium
These nasal strips are ideal for people with sensitive skin who need a convenient way to open up their nasal passages while asleep. They come in a pack of 50 strips and are easy to apply and remove. They’re available in tan and clear.
Sold by Amazon
Clear Passage Nasal Strips Extra-Strength
Available in a pack of 26 or 50, these extra-strength strips promote easier breathing and help prevent snoring. They adhere to the skin easily and remain in place throughout the night.
Sold by Amazon
Nasal Strips For Snoring Better Breathe
Available in packs of either 100 or 200, these drug-free nasal strips can improve the overall quality of sleep, reduce nasal congestion and help prevent snoring.
Sold by Amazon
Massner Nasal Strips For Snoring
With enough nasal strips to last for up to three months, this pack can not only help with snoring but can also be used to promote breathing while exercising. They’re drug-free and are easy to apply.
Sold by Amazon
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https://cw33.com/reviews/8-best-nasal-strips-for-snoring/
| 2022-07-30T17:49:45Z
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On Thursday, Claire Holland graduated from sixth grade. It was a happy day. She made the honor roll and she won her class' big science award, but her day was not without worries. The 12-year- old for Mandeville, Louisiana is caught up in the formula shortage that has left countless families across the country on edge. The shortage has even sent some children to the hospital, because they can't get enough nutrition.
Holland has what's known as tyrosinemia. It means that her body cannot metabolize a specific amino acid called tyrosine. To survive, she has to eat an extremely low protein diet supplemented with a special formula made by Abbott. The formula called Tyrex-2 is an amino acid modified medical food. Without it she won't get enough vitamins and nutrients that most people would get from regular food.
Holland has been living on this formula her entire life. In February, when Abbott had to shut down its plant in Sturgis, Michigan, her formula wasn't recalled, but it got stuck at the plant. It meant Holland had to ration how much formula she relies on every day.
Holland's using about half of the formula she'd normally eat.
"We just wanted to try to make it last a little longer," said her mother Shannon Holland.
Her mother said that they have been working with Claire's nutritionist at Tulane to make sure she's getting enough of the nutrition she needs.
"It's a little scary," Shannon Holland said. "We only have a case of formula left and we didn't know how long this was going to last."
It could take months before the nation's supply goes back to normal. Currently, 45% of baby formula products nationwide were out of stock at some point for the week ending May 15, according to figures provided to CNN by Datasemby, a real-time data-tracking agency that gauges how much product is on store shelves.
"It's still just the unknown of how long this is going to take and not being able to find a suitable substitute for her is very stressful," Holland said. "It's taken a toll on (my daughter) as well."
The Hollands are not the only family stressed by the shortage.
Renee Steiber who lives in the Chicago suburbs said she had to start rationing the formula her son, Owen, used. Finding his specialized formula, Necotate Jr., became a full-time job.
Her 11-year-old relies on the formula. It's made by Nutricia, not Abbott, but when Abbott's customers couldn't get their formula they switched over to Owen's.
"Basically, they kind of took up the supply was getting every month," Steiber said.
Owen typically gets formula four times a day through a feeding tube. He can eat very few solid foods because he has Eosinophilic esophagitis (EoE), a rare disease in which his body is essentially allergic to many foods. Unlike standard food allergies that give a person hives or anaphylaxis, when a person with EoE eats food they are allergic to, it causes chronic inflammation in their esophagus, so much so that the person can't swallow.
Steiber had about five days worth of formula left, when his mom called the supplier like she always did to re-order. It was the first time she heard they didn't have any. "I was like, 'Oh my God, you're kidding me,'" Steiber said.
She spent the next several days calling every pharmacy in the area, asking out-of-town relatives to look for it, and searching for it online.
"The problem is, whenever I'd find something by the time I would type in my credit card, it would disappear and sell out," Steiber said.
Steiber said she ended up giving her son one less feeding a day.
"I was trying to just stretch it out as much as I could," Steiber said.
For the last feeding of the evening, she said she was just giving him water instead of formula.
"I know it's not the best nutritionally but at least it helps him feel full," Steiber said.
Fortunately, Steiber added Owen hasn't lost any weight. And he has his usual good energy she said.
"But I know it's not ideal because it's his main nutrition," Steiber said. She's been working with a nutritionist at Ann & Robert H. Lurie Children's Hospital in Chicago to figure out alternatives for Owen that provide more calories and also give more table salt to this diet. The nutritionist also was able to find a new company to provide some additional formula. "But no one knows how long that supply will last," Steiber said.
Dr Joshua Wechsler, an attending physician at Lurie Children's Hospital's division of gastroenterology, hepatology and nutrition, specializes in EoE. He has heard from several patients who have chosen to ration the formula that they have -- and have been doing so since late February, or early March.
"You know, we saw a lot of weight loss among our patients, because they frankly didn't have a choice but to ration," Wechsler said. "And there just wasn't much we could do."
Wechsler said he understands that parents are doing whatever they have to do to make the situation work. From a medical standpoint, it is definitely not ideal.
Dr. Sahira Long, a pediatrician and lactation consultant at Children's National Hospital in Washington DC, says with older children and even older babies who can eat some solid foods, rationing isn't ideal, but it's "really going to be okay."
"When there's a shortage, you have to do things a little bit differently," Long said.
"For children younger than six months it's a little riskier," Long said. "You want to make sure that they're getting a minimal amount of calories and your pediatrician can help you calculate that."
Long said what parents definitely want to avoid is putting less powder or water into their formula to make it last longer. "That can be really dangerous for babies," Long said.
Long said she's also hearing from families that are considering making their own formula, but she advises against that. "Honestly, the recipes that I've heard of circulating on the internet make me cringe," Long said.
Holland said she lucked out recently when a dietician at Tulane called Abbott on their behalf. Not two days later they had a case of formula delivered to their door. After that two month supply runs out they aren't sure what will happen next. They say their dietician asked Abbott for a date on when another case could be sent, but they did not get an answer. When asked about this, Abbott told CNN that on a case by case basis, the company is releasing limited quantities of metabolic nutrition formulas that were previously on hold for urgent patient needs.
"Our number one priority is getting infants and families the high-quality formulas they need, and we are working with the FDA to quickly and safely re-open the facility so we can ease the nationwide formula shortage," Abbott said in an email.
But until the formula situation is straightened out Long and Wechsler recommend that families that are considering rationing their formula should really talk to their pediatricians first to determine what the right approach is.
"Don't try to do this alone at home," Long said.
The-CNN-Wire
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https://www.albanyherald.com/features/health/families-ration-formula-for-children-as-shortage-worsens/article_3692f68c-fe38-55ae-b5c9-a49d2eb0f4a2.html
| 2022-05-20T11:52:11Z
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SARASOTA, Fla., Sept. 8, 2022 /PRNewswire/ -- PaceMate, the leading digital healthcare company in cardiac data management and remote monitoring, is pleased to announce the PaceMate Ecosystem—a strategic development of its all-in-one data platform—PaceMate™LIVE—to expand beyond cardiac remote monitoring software and service to offer full interoperability and maximized productivity for device clinics, cardiology practices, and hospital systems.
The first product in the PaceMate Ecosystem expansion is PaceMate CEM (Cardiac Event Monitoring), featuring full interoperability through one dashboard of the four leading cardiac event monitoring companies: Preventice, BioTel, iRhythm, and (coming soon) Bardy. PaceMate CEM is now available to all current and new customers as an addition to existing remote monitoring service and product lines within the PaceMateLIVE platform. Now, the Ecosystem offers customers HL7® FHIR® API Electronic Health Record system integration with all devices—CIEDs, event monitors, heart failure devices, and consumer EKGs—into one seamless platform with a proprietary clinical alerts engine and automated billing.
Since its founding in 2015, the company has provided cardiology departments across the country with streamlined workflows and efficient cardiac remote monitoring within one real-time, vendor-neutral dashboard. Now, the PaceMate Ecosystem gives clinicians and staff comprehensive interoperability with all EHRs, with all health datapoints safely stored, connected, and accessible within one platform.
Tripp Higgins, CEO and co-founder of PaceMate, explains, "In the PaceMate Ecosystem, we offer clients unprecedented interoperability in one place for simplified and efficient clinical workflow and data management—a true digital healthcare experience. Multiple layers of stakeholders can connect with all device, patient, and health record data in one platform. PaceMateLIVE serves as a customizable ecosystem of data, products, and automated workflows." Storing patients' ever-increasing device datapoints and EHR datapoints in one innovative, connected, digital system gives practices optimal interoperability.
Become part of the connected PaceMate Ecosystem. Talk with us this week at HRX 2022—the Heart Rhythm Society's cardiovascular digital health summit on September 8-10, 2022, in San Diego, California—where PaceMate is a gold sponsor. Learn more about how PaceMate is solving the challenges of interoperability in cardiac care by providing the only care + data delivery all-in-one dashboard utilizing the HL7® FHIR® API standard for the exchange of health information. Stop by booth #104 for a PaceMateLIVE software demo and view our panelists here: https://pacemate.com/HRX/.
PaceMateLIVE | Your Health Data Ecosystem
Together, we never miss a beat.™
Recognized as a Top 100 Healthcare Technology Company by Healthcare Technology Report, PaceMate is one of the nation's fastest-growing companies in cardiac rhythm management software and remote monitoring. Combining state-of-the-art, cloud-native software, research-grade data, and seamless integrations, PaceMateLIVE, the company's flagship remote monitoring platform, is the most advanced technology available today for electrophysiologists, cardiologists, advanced practice providers, device clinics, and healthcare systems. With PaceMate, leading healthcare organizations can significantly improve patient outcomes, reimbursements, productivity, and population health with better point-of-care decision-making and alert management.
CONTACT
PaceMate.com
1.844.4VIPMED
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https://www.kxii.com/prnewswire/2022/09/08/pacemate-ecosystem-moves-beyond-remote-monitoring-offer-full-interoperability/
| 2022-09-08T15:20:42Z
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The voice of K-State athletics inducted into Hall of Fame
Published: Aug. 23, 2022 at 10:12 PM CDT|Updated: 6 minutes ago
MANHATTAN, Kan. (WIBW) - For over 20 years, Wyatt Thompson has served as the voice of Wildcats athletics, and now he’s being honored for it.
Thompson is being inducted into the Kansas Association of Broadcasters Hall of Fame, one of three inductees in this class.
He’s coming into year number 21 with the Wildcats and he’s been named Kansas Sportscaster of The Year six times.
Thompson started his broadcasting career in 1976 for various high schools colleges and universities in Kansas.
The ceremony will take place Oct. 23 at the Hilton Garden Inn in Manhattan.
To learn more about Thompson, click here.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/08/24/voice-k-state-athletics-inducted-into-hall-fame/
| 2022-08-24T03:19:17Z
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Election 2022: Sebring voters face road levy in May
SEBRING – Voters will face a road levy on the primary ballot.
The village placed an additional 1.5-mill levy on the May 3 ballot. Mayor James Harp said funds accumulated through the levy would help support paving projects in Sebring.
"It would generate about $80,000 a year," Village Manager Jack Haney said. "Eighty thousand a year is not a mile. It's about $120,000 to $150,000 per mile just to overlay ... But that goes a long way in town, and it would help us try to catch up."
The issue would run for five years.
The money would enable Sebring to pave roughly a half-mile of road per year. The funds would be used exclusively for road paving projects, Haney said, and would not pay for administration or salaries.
"It will all be visible to the public," he said.
Village officials want to make improvements to Sebring's roads, but do not have the materials and equipment necessary for these projects, Haney said. The levy would give Sebring the ability to start work on the roads.
Haney added that Sebring plans to apply for federal funding to help with paving projects on Ohio Avenue and part of Johnson Road in the "next year or so."
Harp said the work on Johnson Road possibly could be a joint effort with Mahoning County.
Reach Paige at 330-580-8577 or pmbennett@gannett.com, or on Twitter at @paigembenn.
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https://www.cantonrep.com/story/news/local/alliance/2022/04/01/sebring-voters-face-road-levy-may-primary/7152787001/
| 2022-04-01T12:01:23Z
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Nottingham Forest: Two-time European Cup winners banish nightmares to end 23-year Premier League exile
By Jonathan Hawkins, CNN
Bill Clinton was in the White House, Tony Blair was in his second year as UK prime minister and The Backstreet Boys were on top of the UK pop charts with “I Want It That Way.”
The year 1999 was also when two-time European Cup winner Nottingham Forest last played in the English Premier League.
On Sunday, this sleeping giant whose somnambulant 23-year wander through English football’s lower tiers that has been at turns arduous and almost comically humiliating, finally hauled itself back into the Premier League.
Roared on by 40,000 imploring fans at London’s cavernous Wembley Stadium, the former European champion beat Huddersfield Town 1-0 to complete the most unlikely of comebacks, turning the club’s worst start to a season in 108 years into an implausible promotion.
To anyone over the age of 40, Forest is a name associated with one man — the great Brian Clough, who famously guided it to promotion, an improbable English top-flight league win, and then back-to- back European Cups between 1978 and 1980.
The club was a regular challenger for honors throughout the 1980s and early 90s, but was relegated from the Premier League in 1993, its inaugural season.
Clough departed, and although Forest briefly returned to the top flight under his successor, Frank Clark, its stay was short-lived, and the club was relegated again in 1999.
Painful lows
Forest’s generation-long absence from footballing aristocracy had begun to take on an air of hopeless permanence. Two lost Championship playoff semi-finals, to Sheffield United in 2003, and Swansea City in 2011, had been honorable highs amid deep and painful lows.
Surrendering a 3-1 lead with eight minutes left of its 2007 League One playoff semifinal against Yeovil Town, to lose 5-4 in extra time, is a memory that still haunts every Forest fan.
Clough managed Forest for 18 years — in the subsequent 29 years, the club have had no fewer than 35 different men at the helm. Ownership too has been turbulent, the club changing hands four times in the post-Clough era.
Current owner Evangelos Marinakis, a shipping magnate who also owns Greek champion Olympiacos, took over in 2017 and promised promotion within five years.
As recently as January of this year, that looked highly unlikely. Forest had managed only one point from its opening five games, which led to the departure of manager Chris Hughton.
New manager Steve Cooper took the reins in September with the club sitting bottom of the division.
The 42-year-old Welshman, the son of a referee and on the losing side of two previous playoff semifinals, has seemingly transformed every aspect of this once-famous club, leading them on a relentless rise up the table.
This season also included FA Cup victories over Arsenal and Leicester City, and a scare for Liverpool, who escaped a pulsating City Ground with a narrow 1-0 quarterfinal win.
Even Liverpool manager Jurgen Klopp was struck by the noise at Forest’s venerable stadium.
“It was a massive atmosphere, a massive event. It felt like a European night to be honest. I know it’s a while ago that Nottingham had them, but the crowd is prepared,” said Klopp.
‘Mess things up’
Forest fans were certainly craving success, but they have also learned to expect the worst.
“I’ve been so emotional these past two weeks,” Forest fan Malcolm Cox told CNN Sport before Sunday’s game.
“We’ve been so close before and always messed it up. But this season has just felt different, everything about it. The fans, the togetherness, the sense of something special brewing. I haven’t seen the City Ground rocking like it has been this season before — even the glory days were not like this, something has just fundamentally changed.”
Given their club’s historic propensity to ‘mess things up,’ Forest fans on their way to the game were understandably nervous.
Matthew Beardsley was carrying his five-year-old son, Percie, draped in a Forest scarf, on his shoulders.
“Along with the birth of my son I’d say these are the two most important days of my life,” he said.
“Who are we?” Beardsley asked his son, “Red army!” came the shout back.
Estimates put the bounty for victory in the Championship playoff final at close to $215 million.
The potentially transformative effect of such riches on the winners is clear, but the stakes were particularly high for a Forest side assembled with five loan players, including Manchester United’s James Garner, as well as at least two of its own homegrown young stars — Joe Worrall and Brennan Johnson — whose performances have drawn attention from clubs with deeper pockets.
Had they failed to win on Sunday, retaining any of their big names would have been hard.
Cooper understood just how much pressure had been lifted from the shoulders of the entire club.
‘We’ve been desperate for something like this and I’ve felt it in the last eight or nine months,” Cooper told reporters.
“I’m really proud of everybody connected with the club. It isn’t about individual success. It’s about the club … it’s a magical football club and we’ve just reminded the world of that.”
‘I Just Can’t Get Enough’
Sunday’s playoff final was decided by an own goal — Huddersfield’s Levi Colwill lashing the ball into his own net under pressure from another of Forest’s homegrown young stars, Ryan Yates.
The second half saw two convincing penalty shouts from Huddersfield controversially dismissed by referee Jon Moss, the first with the intervention of VAR. Forest held on and in Wembley’s vast curving stands, the red clad hordes erupted, bouncing to the sound of the club’s recently adopted anthem, Depeche Mode’s “I Just Can’t Get Enough.”
Worrall, who captained the team on Sunday, hailed Cooper’s impact.
“He’s given us that little bit of belief,” he told Sky TV’s pitchside reporters. “It’s like a whipped dog, you treat any dog with kindness and they become a nice dog, if you mistreat one then they’re aggressive.
“We’ve been a mistreated team, and he’s come in and he’s given us that hope, given us that belief. He killed us with kindness.”
For the fans, all that mattered was that their long wait was over.
“This is payback from all those awful nights — losing to Woking and Yeovil — and thinking that the story would never have a happy ending,” said Cox as he walked amid the ecstatic throng of fans away from Wembley.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://localnews8.com/sports/cnn-sports/2022/05/30/nottingham-forest-two-time-european-cup-winners-banish-nightmares-to-end-23-year-premier-league-exile/
| 2022-05-30T17:42:08Z
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Dear Annie: My husband’s brother and family are somewhat estranged from our family due to one family being “anti-vax” and the other “pro-vax.” Even before COVID-19, we had become more distant because of our opposite political views — one family supporting the former president and one family not. We used to see each other several times a year, but things got strained starting in 2016 and much worse since the pandemic.
Their children are college-aged and older. Ours are in elementary, middle and high school. One of their daughters (who used to be my favorite of their kids while growing up) has lived two miles away from us for the past two years but has never made an effort to see us. I had reached out a couple of times to invite her to my kids’ sporting events and other activities. When my sister-in-law called us to wish one of our children a belated happy birthday a couple of months ago, I mentioned — awkwardly — that we have been trying to get in touch with their daughter nearby. My sister-in-law was extremely dismissive, saying something like, “No, she’s way too busy with her work and her international skiing trip with her father.” I interpreted her response to mean that she thinks her daughter is too good to spend time with us. I have always sensed that they think they are superior, but this helped confirm it.
They recently extended an invitation for us to join them on Father’s Day, and my husband would like for our family to go. I have zero interest in seeing them. I never really cared for my stiff brother-in-law, who always looked down on my husband, it seems, until their father passed away seven years ago. My husband never cared for his brother’s wife, always referring to her as “controlling” his brother, and he blames her for his brother following her lead in their vaccination status.
My husband thinks we should go spend a few hours with them on Father’s Day. I don’t see how I can go and be fake friendly. They have a swimming pool, which my husband thinks our kids will enjoy, but I can’t help worrying about keeping our family safe from COVID-19, and this whole idea stresses me out. If they were friends and not family, I would not go. I would say that I don’t feel comfortable doing “social gatherings.” It will probably cause a problem in our marriage if I tell him to take the kids and go without me. In addition, I will stress about the kids swimming in the pool without me to oversee their safety. My husband is a devoted father but won’t think anything of stepping away for 10 minutes to smoke while the kids are unattended in the pool. Please advise what you think I should do. I really don’t like these people, and from my view, they don’t care much for us either. Do we really have to suck it up and pretend to enjoy each other’s company on Father’s Day just because we are related? By the way, my husband and his brother golf together occasionally, so they spend time together; can that be sufficient?
— Trying to Weed Negativity Out of Our Lives
Dear Trying to Weed Negativity Out: Your letter is filled with judgments and preconceived opinions about certain things your sister-in-law said. The fact that her daughter is busy with work and skiing does not mean that she thinks her daughter is too good to spend time with you.
Do you think her daughter is too good to spend time with you? Sometimes, when we feel insecure, we can project our negative feelings about ourselves onto others. And sometimes, people are stuck up and look down their noses at others. The truth of the matter will never be sorted out unless you tell your sister-in-law how you feel. Say, “That comment hurt my feelings and felt dismissive,” and maybe she had no idea and will apologize, opening up a dialogue of communication, understanding and love.
As far as your politics and COVID-safe policies are concerned, just don’t bring politics up, and don’t do anything that would make you or your family not feel safe around COVID-19.
The only way you will be fake is if you don’t let your brother and sister-in-law know how you’re feeling.
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https://www.tdtnews.com/life/advice_columns/article_eb9ea32a-ebe6-11ec-8bac-1775fa17bf31.html
| 2022-06-15T07:18:25Z
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COLUMBUS, Ohio (AP) — Intel Corp. will break ground Sept. 9 on its planned $20 billion Ohio semiconductor facilities with President Joe Biden in attendance, the company and the the White House said Thursday.
When the company’s two factories, known as fabs, open in 2025, the facility will employ 3,000 people with an average salary of around $135,000. Building the fabs is expected to require 7,000 construction workers.
Total investment could top $100 billion over the decade with six additional fabs, Intel CEO Patrick Gelsinger has said. It’s Ohio’s largest ever private economic development project.
Biden will speak on “rebuilding American manufacturing” through recently passed laws boosting the semiconductor industry and U.S. infrastructure, the White House said.
Expanding semiconductor manufacturing domestically took on new urgency during the pandemic and as most production has shifted overseas. The U.S. share of the worldwide chip manufacturing market has declined from 37% in 1990 to 12% today, according to the Semiconductor Industry Association, and shortages have become a potential risk.
To win the project, Ohio offered California-based Intel roughly $2 billion in incentives, including a 30-year tax break. Intel has outlined $150 million in educational funding aimed at growing the semiconductor industry regionally and nationally.
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https://cw33.com/technology/ap-technology/ap-biden-to-attend-groundbreaking-of-intels-20b-ohio-plants/
| 2022-08-26T19:46:36Z
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Starbucks asks labor board to halt union votes temporarily
(AP) – Starbucks on Monday asked the National Labor Relations Board to temporarily suspend all union elections at its U.S. stores, citing allegations from a board employee that regional NLRB officials improperly coordinated with union organizers.
In a letter to the board chairman, Starbucks said the unnamed career NLRB employee informed the company about the activity, which happened in the board’s St. Louis office in the spring while it was overseeing a union election at a Starbucks store in Overland Park, Kansas.
The store is one of 314 U.S. Starbucks locations where workers have petitioned the NLRB to hold union elections since late last year. More than 220 of those Starbucks stores have voted to unionize. The company opposes the unionization effort.
The Seattle coffee giant alleges that St. Louis labor board officials made special arrangements for pro-union workers to vote in person at its office when they did not receive mail-in ballots, even though Starbucks and the union had agreed that store elections would be handled by mail-in ballot.
In its letter, Starbucks referred to memos the regional office sent confirming that workers were allowed to come to the office and vote in person after the union told the regional office that some workers had not received ballots in the mail. The memos, citing “board protocol,” said the workers voted alone in an empty office, according to Starbucks.
“Because observers were not present, no one can be sure who appeared to vote, whether NLRB personnel had inappropriate communications with the voters, told them how to vote, showed them how to vote or engaged in other undisclosed conduct,” Starbucks wrote in its letter.
Starbucks said regional board officials also disclosed confidential information to the union, including which workers’ ballots had arrived in the mail to be counted.
Starbucks Workers United, the group seeking to unionize U.S. Starbucks stores, accused the company of trying to “distract attention away from their unprecedented anti-union campaign, including firing over 75 union leaders across the country, while simultaneously trying to halt all union elections.”
“Workers have spoken loud and clear by winning 82 percent of union elections,” the group said in a statement. “Ultimately, this is Starbucks’ latest attempt to manipulate the legal process for their own means and prevent workers from exercising their fundamental right to organize.”
A spokesperson for the NLRB said Monday that the agency doesn’t comment on open cases.
Press secretary Kayla Blado said the NLRB will “carefully and objectively” consider any challenges that Starbucks raises through “established channels.” Starbucks can also seek expedited review in the case, Blado said.
Workers at the Overland Park store petitioned the NLRB to hold a vote in February. In April, workers voted 6-1 to unionize, but seven additional ballots were the subject of challenges from Starbucks or the union. A hearing on those challenges is scheduled for Tuesday; Starbucks has asked for that hearing to be delayed.
Starbucks said there is evidence of misconduct in other regions as well. The company wants the NLRB to thoroughly investigate other Starbucks union elections and make public a report on its findings. The company said the board should also implement safeguards to prevent regional officials from coordinating with one party or another.
Starbucks also asked the NLRB to issue an order requiring all pending and future elections to be conducted in person with observers from both sides.
“If the NLRB does not respond by investigating and remedying these types of actions, we do not see how the board can represent itself as a neutral agency,” the company said in the letter.
Starbucks has long opposed unionization, dating back to CEO Howard Schultz’s acquisition of the company in the late 1980s. The current unionization effort has been riddled with accusations and lawsuits on both sides.
Starbucks Workers United has filed 284 unfair labor practice charges with the NLRB against Starbucks or one of its operators, according to the labor board. Starbucks has filed two charges against Workers United.
Earlier this month, the labor board dismissed one of the charges filed by Starbucks, saying the company failed to prove that pro-union workers blocked store entrances or intimidated customers during a spring rally.
In June, the NLRB asked a federal court in western New York to order Starbucks to stop interfering with unionization efforts at its U.S. stores. It also asked the court to order Starbucks to reinstate seven Buffalo employees it says were unlawfully fired for trying to form a union. That case is pending.
But the NLRB’s actions against Starbucks haven’t always been successful. In June, a federal judge in Phoenix ruled that Starbucks didn’t have to rehire three workers who claimed that the company had retaliated against them for organizing a union.
Starbucks isn’t the only large company facing a unionization effort that has attacked the voting process.
Amazon has also levied accusations of improper conduct against the NLRB’s regional office in Brooklyn in its attempt to re-do a historic labor win at a warehouse on Staten Island, New York. Among other allegations, Amazon said the agency tainted the voting process by seeking reinstatement of a fired Amazon worker in the weeks leading up to the March election.
Attorneys representing the e-commerce juggernaut argued their case in an agency hearing during the summer. Attorneys for the agency have pushed back. A regional director for an NLRB office in Phoenix is expected to issue a ruling on that case in the coming weeks.
___
Associated Press Business Writer Haleluya Hadero in New York contributed to this report.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/08/15/starbucks-asks-labor-board-halt-union-votes-temporarily/
| 2022-08-15T18:13:43Z
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Sherman-Pottsboro Volleyball Highlights
Published: Aug. 23, 2022 at 11:12 PM CDT|Updated: 28 minutes ago
Sherman-Pottsboro Volleyball Highlights
Copyright 2022 KXII. All rights reserved.
Sherman-Pottsboro Volleyball Highlights
Copyright 2022 KXII. All rights reserved.
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https://www.kxii.com/2022/08/24/sherman-pottsboro-volleyball-highlights/
| 2022-08-24T04:42:21Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Attention Cerence Inc. ("Cerence Inc.") (NASDAQ: CRNC) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 8, 2021 and February 4, 2022.
If you suffered a loss on your investment in Cerence Inc., contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/cerence-inc-loss-submission-
form?prid=25736&wire=4
ABOUT THE ACTION: The class action against Cerence Inc. includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) the global semiconductor shortage had a materially negative impact on demand for Cerence's software licenses; (2) defendants masked the impact of the semiconductor shortage on demand for the Company's software licenses by pulling forward sales; and (3) as a result of the above, defendants' statements about Cerence's business, operations, and prospects were false and misleading and/or lacked a reasonable basis.
DEADLINE: April 26, 2022
Aggrieved Cerence Inc. investors only have until April 26, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong
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https://www.wibw.com/prnewswire/2022/04/11/class-action-alert-law-offices-vincent-wong-remind-cerence-inc-investors-lead-plaintiff-deadline-april-26-2022/
| 2022-04-11T10:49:46Z
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MCLEAN, Va., Aug. 8, 2022 /PRNewswire/ -- SpaceLink, the company that is building the Communications Superhighway for the Space Economy™, announced that it has entered into a Cooperative Research and Development Agreement (CRADA) with the U.S. Army Space and Missile Defense Command Technical Center (USASMDC-TC) in Redstone Arsenal, Alabama. Under the agreement, the organizations will work together to explore alternative space communications pathways that ensure resiliency and reduce sensor-to-shooter latency.
SpaceLink is building a satellite relay system in Medium Earth Orbit (MEO), with both optical and RF links to speed the flow of remote sensing data and augment the U.S. national security space architecture. SpaceLink provides secure, continuous, high-bandwidth communications between spacecraft and U.S. Earth Stations or tactically deployed ground terminals. The collaborative research and simulations will provide a baseline of interoperability between Government systems and the SpaceLink network.
"We are honored to work with USASMDC-TC to assure that our development efforts meet the Army's needs," said Dave Bettinger, CEO of SpaceLink. "Sharing facilities, intellectual property, and expertise will elevate solutions for both the warfighter and industry, ultimately enhancing national security and U.S. dominance in space."
The cooperative agreement will help SpaceLink better understand the U.S. Army concept of operations and adjust its technology roadmap to meet customer needs. For the Army, it will provide the empirical modeling and simulations needed to support interagency requirements development for commercial remote sensing tactical downlink timeline requirements.
Because of its location in MEO and optical/RF communications relay capabilities, the SpaceLink network has continuous line of sight to LEO, MEO and GEO satellites and high-altitude airborne assets. It also has continuous connectivity to its dedicated Gateway Earth Stations. It is designed to support real-time tasking and downlink of data needed for military operators to make tactical decisions.
SpaceLink will help advance humanity to a new age of space commerce, exploration, environmental awareness, and security. The Always in Sight™ data relay system provides global coverage to empower space system operators to maximize use of their assets. SpaceLink Corporation is headquartered in the Washington DC area and has offices in Silicon Valley, California. It is a wholly owned U.S. subsidiary of Electro Optic Systems Holdings Limited, a public company traded on the Australian stock exchange.
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https://www.mysuncoast.com/prnewswire/2022/08/08/spacelink-signs-cooperative-rampd-agreement-with-us-army/
| 2022-08-08T15:00:03Z
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Pottsboro-Boyd Baseball Highlights
Published: May. 13, 2022 at 11:05 PM CDT|Updated: 23 minutes ago
Pottsboro-Boyd Baseball Highlights
Copyright 2022 KXII. All rights reserved.
Pottsboro-Boyd Baseball Highlights
Copyright 2022 KXII. All rights reserved.
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https://www.kxii.com/2022/05/14/pottsboro-boyd-baseball-highlights/
| 2022-05-14T04:28:46Z
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Ward will be responsible for treasury solutions, merchant services and commercial card solutions
CHARLOTTE, N.C., Aug. 1, 2022 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced J. Christopher Ward has been hired to lead its Wholesale Payments business including treasury solutions, merchant services and commercial card solutions.
Ward will be responsible for developing and delivering comprehensive and integrated payment capabilities for Truist's business clients, reporting to Chief Consumer Finance and Payments Officer Michael Maguire.
"Truist is committed to providing distinctive, secure and successful experiences for our clients," said Maguire. "We are thrilled to add Chris' deep subject matter expertise and strong track record of innovation and leadership to Truist Wholesale Payments."
Ward brings more than 30 years of payments experience including leadership roles in product management, strategy, sales, technology and operations. Prior to joining Truist, Ward spent 10 years at PNC where he most recently served as executive vice president and head of data, digital and innovation for treasury management.
"I'm excited to join Truist and even more excited about Truist's commitment to investments in payments," said Ward. "Payments will play an increasingly critical role in the future of banking, and I look forward to leading Truist Wholesale Payments and driving innovation and transformation for our clients."
About Truist
Truist Financial Corporation is a purpose-driven financial services company committed to inspiring and building better lives and communities. Truist has leading market share in many high-growth markets in the country. The company offers a wide range of services including retail, small business and commercial banking; asset management; capital markets; commercial real estate; corporate and institutional banking; insurance; mortgage; payments; specialized lending; and wealth management. Headquartered in Charlotte, North Carolina, Truist is a top 10 U.S. commercial bank with total assets of $545 billion as of June 30, 2022. Truist Bank, Member FDIC. Learn more at Truist.com.
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SOURCE Truist Financial Corporation
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https://www.wibw.com/prnewswire/2022/08/01/truist-hires-chris-ward-head-wholesale-payments/
| 2022-08-01T17:55:41Z
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https://www.albanyherald.com/entertainment/casey-affleck-welcomes-jennifer-lopez-to-the-family/article_5e77260a-89df-531c-b6a9-4dbda9d4df36.html
| 2022-08-22T13:52:54Z
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SUNSET PARK, Brooklyn (PIX11) — Frank R. James was upgraded from “person of interest” to “suspect” Wednesday morning in connection with a subway attack in Brooklyn, Mayor Eric Adams said.
Police identified James, 62, hours after 10 people were shot and another 13 were injured on an N train in Sunset Park on Tuesday morning.
James’ name was linked to a U-Haul van sought in connection with the attack, officials said. A key was left behind at the scene of the shooting. Police connected that to a U-Haul with Arizona plates, which they later located in Brooklyn. James had rented the U-Haul.
“We’re looking to determine if he has any connection to the train,” NYPD Chief of Detectives James Essig said on Tuesday.
Speaking on WNYC Wednesday morning, Adams said James was now considered a suspect “based on new information that has become available to the team.” Earlier, Adams told the PIX11 Morning News that investigators believe James acted alone. The mayor urged anyone who may come into contact with James to call the police but added that no one should engage or interact with him.
There were some “concerning” social media posts police believe may be connected to James, NYPD Commissioner Keechant Sewell said on Tuesday. They mentioned homelessness and New York City Mayor Eric Adams. Security for the mayor, who was already isolating following a positive COVID-19 test on Sunday, was increased because of the posts.
“This nation was born in violence, it’s kept alive by violence or the threat thereof and it’s going to die a violent death. There’s nothing going to stop that,” James said in one video.
Rambling, profanity-filled YouTube videos apparently posted by James, who is Black, are replete with violent language and bigoted comments, some against other Black people.
In one video, posted a day before the attack, he criticizes crime against Black people and says drastic action is needed.
“You got kids going in here now taking machine guns and mowing down innocent people,” James says. “It’s not going to get better until we make it better,” he said, adding that he thought things would only change if certain people were “stomped, kicked and tortured” out of their “comfort zone.”
Several videos mention New York’s subways.
A Feb. 20 video says the mayor and governor’s plan to address homelessness and safety in the subway system “is doomed for failure” and refers to himself as a “victim” of the city’s mental health programs. A Jan. 25 video criticizes Adams’ plan to end gun violence.
James has addresses in Wisconsin and Philadelphia. The U-Haul was rented in Philadelphia.
At the scene of the attack, officers also recovered a 9mm semi-automatic weapon and a hatchet. They found a liquid believed to be gasoline and a bag with commercial-grade fireworks inside.
No arrests have been made. Police described the suspected gunman as being around 5 feet, 5 inches tall. The man weighs around 175-200 pounds. He was last seen wearing a gas mask and a construction vest. Police initially said the vest was green, but later officials said it was orange. The man also had on a gray, hooded sweatshirt.
Submit tips to police by calling Crime Stoppers at 1-800-577-TIPS (8477), visiting crimestoppers.nypdonline.org, downloading the NYPD Crime Stoppers mobile app, or texting 274637 (CRIMES) then entering TIP577. Spanish-speaking callers are asked to dial 1-888-57-PISTA (74782).
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https://cw33.com/news/who-is-frank-r-james-suspect-in-brooklyn-subway-attack/
| 2022-04-13T15:01:37Z
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NEW YORK, May 16, 2022 /PRNewswire/ -- 5WPR, one of the largest independently-owned PR firms in the U.S., has been named among the top PR agencies by PRWeek in their Agency Business Report 2022.
PRWeek determines rankings by comparing year-over-year growth in both revenue in staff to determine both global and U.S. agency rankings.
"This past year has been one of tremendous growth for 5WPR," said Founder and Chairman, Ronn Torossian. "The agency has expanded their reach by signing new global clients, as well as expanding their workforce nationally through both the new Miami office as well as hiring remote talent across the country. It is exciting to watch the agency continue to flourish."
In addition to this recognition, 5WPR was recently awarded top Public Relations Company by The Manifest, named to the 2021 Clutch 1000 list, as well as named a top-ten U.S. agency by O'Dwyers, a leading public relations industry publication.
About 5WPR
5W Public Relations is a full-service PR agency in NYC known for cutting-edge programs that engage with businesses, issues and ideas. With more than 250 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and Digital Marketing (Social Media, Influencer, Paid Media, SEO). 5W was awarded 2020 PR Agency of The Year and brings leading businesses a resourceful, bold and results-driven approach to communication.
Media Contact:
Matthew Caiola
mcaiola@5wpr.com / 212.999.5585
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https://www.kxii.com/prnewswire/2022/05/16/5wpr-named-among-top-global-pr-agencies-2022/
| 2022-05-16T14:46:15Z
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The Thai government will distribute one million free cannabis plants to households across the nation in June to mark a new rule allowing people to grow cannabis at home, its health minister has said.
Health Minister Anutin Charnvirakul announced the move in a Facebook post on May 8 in which he expressed his intention for cannabis plants to be grown like "household crops."
The new rule, which comes into force on June 9, will allow people to grow cannabis plants at home after notifying their local government, but the plants will have to be of medical grade and used exclusively for medicinal purposes. Additionally, the cannabis cannot be used for commercial purposes without further licenses.
The move is the latest step in Thailand's plan to promote cannabis as a cash crop. About a third of its labor force works in agriculture, according to the World Bank.
In a region notorious for harsh penalties towards illegal drugs, Thailand became the first country in Southeast Asia in 2018 to legalize cannabis for medical research and use.
The kingdom has also loosened local laws around cannabis. Thai drinks and cosmetics companies last year rushed to launch products with hemp and CBD, a compound that does not give users a high, after their use was approved for consumer goods.
In a further Facebook post on May 10, Anutin noted that Thai companies registered to do so could sell cannabis products that contained less than 0.2 tetrahydrocannabinol, or THC, the part of the plant responsible for getting people high.
"This will enable people and the government to generate more than 10 billion baht per year in revenue from marijuana and hemp," Anutin wrote.
Kitty Chopaka, a Bangkok-based cannabis entrepreneur, told CNN the law was meant to pave the way for people to use the plant in medicinal teas or soups.
"It will still be considered criminal if you don't have a legal prescription and you have to be a patient of some form of ailment for this to work. Only then will you be able to grow cannabis at home and use it however you like."
She added that, even though recreational use of the drug remained illegal, "smoking weed will happen, and there's no way the [government] can stop that."
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https://www.albanyherald.com/news/thailand-to-giveaway-one-million-free-cannabis-plants-to-households-minister-says/article_7da39983-2c6d-5c8a-b75c-6b9425b1a0ba.html
| 2022-05-11T07:42:14Z
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BEIJING, June 2, 2022 /PRNewswire/ -- Ucommune International Ltd. (NASDAQ: UK) ("Ucommune" or the "Company"), a leading agile office space manager and provider in China, today announced that on May 23, 2022, the Company partnered with Langfang Rongshang Business Management Co., Ltd ("Rongshang") to develop a new office space project (the "Project") in Langfang, Hebei. The Project is Langfang's first-ever office space with 5G network coverage, offering integrated solutions for urban residents to study, work, socialize, and relax. Completion of the Project adds 692 office desks to the Company's capacity and 7,090 square meters to its managed area.
Situated at the core of a premier residential location surrounded by densely-populated communities, the Project is well located to offer flexible working space solutions to local residents and businesses. The Project's total construction area is 47,600 square meters, with four floors of above-ground parking and two underground parking floors with 381 parking spaces in total. Located at the intersection of a number of major roads and within 3 kilometers of several nearby commercial districts, the Project enjoys convenient transportation links, a thriving commercial environment, and a wide range of support facilities.
Once complete, the Project is expected to offer its enterprise members offline and online conference room booking, one-click maintenance services, and instant delivery services from nearby convenience stores. Members are empowered by the shared technological amenities and resources in the move-in ready offices, providing them with a pleasant working environment and allowing them to fully focus on their business. Benefiting from the surrounding commercial area, the Project provides convenient access to meet the evolving needs of diversified community services such as catering, entertainment, fitness, children's facilities, home furnishing, retail, and farmers' markets.
The Company's partner Rongshang is the commercial property management subsidiary of a domestically-listed company, RiseSun Real Estate Development Co., Ltd. (SHE: 002146). Leveraging its parent company's strong capabilities in business planning, marketing, operation, and promotion, Rongshang has expanded its footprint nationwide, covering over 25 cities including Shenyang, Shijiazhuang, Nanjing, and Chengdu.
Dr. Daqing Mao, Founder of Ucommune, stated, "Our partnership with Rongshang has introduced our unique shared working space solutions to the community-based commercial complex. Together, we have designed a high-quality urban business complex that effectively integrates public facilities, office spaces, transportation, and residential communities. We are confident that our latest project will attract more talented professionals and businesses to the area and help boost local consumption."
About Ucommune International Ltd.
Ucommune is China's leading agile office space manager and provider. Founded in 2015, Ucommune has created a large-scale intelligent agile office ecosystem covering economically vibrant regions throughout China to empower its members with flexible and cost-efficient office space solutions. Ucommune's various offline agile office space services include self-operated models, such as U Space, U Studio, and U Design, as well as asset-light models, such as U Brand and U Partner. By utilizing its expertise in the real estate and retail industries, Ucommune operates its agile office spaces with high efficiency and engages in the urban transformation of older and under-utilized buildings to redefine commercial real estate in China.
Safe Harbor Statements
This announcement contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing," "targets," "guidance" and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's growth strategies; its future business development, results of operations and financial condition; its ability to understand members' needs and provide products and services to attract and retain members; its ability to maintain and enhance the recognition and reputation of its brand; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with members and business partners; trends and competition in China's agile office space market; changes in its revenues and certain cost or expense items; the expected growth of China's agile office space market; PRC governmental policies and regulations relating to the Company's business and industry, and general economic and business conditions in China and globally and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
Ucommune International Ltd.
ir@ucommune.com
ICR, LLC.
Robin Yang
ucommune@icrinc.com
+1 (212) 537-3847
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https://www.kxii.com/prnewswire/2022/06/02/ucommune-announces-development-47600-square-meter-urban-business-complex-hebei/
| 2022-06-02T11:28:33Z
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BROOKLINE, Mass. (AP) — Justin Thomas wanted to honor the spirit of the game.
His reward: a chunky wedge from a bad lie and a big fat bogey on the scorecard.
The PGA champion’s drive on the fourth hole at The Country Club on Saturday came to rest awkwardly beside a drain in the fairway. Thomas asked for a ruling, but confessed to the official that the drain didn’t interfere with his swing; if he’d said it did, he he would have been entitled to free relief.
Forced to play the ball as it lied, Thomas had to reach over the drain and bend down to make contact. He hit the ball chunky into a bunker short of the green.
On-course microphones caught Thomas saying he was annoyed “because so many other people would lie about being able to hit that. But it’s just like, ‘I’m not going to hit it.’”
If a player claims a drain or other “abnormal course condition” would have interfered with the swing they intended to make, they would be allowed free relief under the rules. But Thomas conceded that he couldn’t honestly claim that.
“In the spirit of the game, I wasn’t going to hit the drain,” he said after the round. “I felt like I very easily could have told her that I was going to and gotten a free drop, but I wasn’t.”
Thomas’ bogey was part of a round of 2-over 72 that left him at 3 over. It left him eight shots off the lead — one more than his deficit last month when he came back to win the PGA.
In a statement, the USGA explained “if the obstruction is close enough to distract the player but does not otherwise interfere, there is no relief under the Rule” that dictates when relief can be taken.
GOING BACKWARD
Jon Rahm needed to get creative when he found himself behind a tree to the left of the eighth fairway and nowhere to stand to hit his second shot.
After considering his options — walking back and forth beside the tree to size up different shots — the defending U.S. Open champion decided to stand next to the ball, facing the wrong way, and with a one-handed swing hit the ball backward toward the fairway.
Rahm has tried the shot before.
And in a major, too.
At the 2017 PGA Championship at Quail Hollow, Rahm was beside a creek and had nowhere to stand for his normal right-handed shot. His one-handed chip landed on the fairway and rolled onto the green.
This time he improved his lie but his third shot failed to make the green. He failed to get up and down from about 12 feet, settling for a bogey that dropped him to 3 under par.
FAMILIAR SIGHTS
The hole location on the 17th hole might look familiar to golf fans: It’s the same spot the pin was place for the singles matches on the final day of the 1999 Ryder Cup.
No. 17 at The Country Club was already a part of golf history from the 1913 U.S. Open, when Francis Ouimet birdied the hole to tie British pros Ted Ray and Harry Vardon. Ouimet, who grew up across the street from the 17th green, won the 18-hole playoff the following day for a victory that gave birth to an American golf boom.
Leonard, who is in Brookline with the broadcast team, needed just to halve his match against Europe’s Jose Maria Olazabal to clinch the Cup for the United States. He sank a 45-footer to set off a huge celebration on the green.
The setup was friendly for the leaders. Matt Fitzpatrick, Keegan Bradley, Adam Hadwin and Scottie Scheffler all birdied the 17th.
SPIETH BUG
Jordan Spieth still isn’t feeling great after a week coping with a stomach bug.
He played the back nine Sunday and figured he would see it again during a practice round Wednesday, except that’s when he got sick.
“I normally eat a lot and I’ve eaten very, very little this week,” Spieth said after a 71 left him at 3-over 213. “I just don’t want to. Right now I should be starving. I didn’t eat lunch and I have no desire to eat anything.”
Time for a week of rest? Maybe.
Spieth was a late commitment to play next week in the Travelers Championship. Part of that has to do with scheduling; he is playing a pro-am in Ireland in ahead of the Scottish Open in two weeks, followed by the British. And there was another reason.
“Honestly, it’s 110 degrees at home (in Dallas) and I don’t want to go home,” Spieth said. “I felt like I could take a couple of days off after this. If it lingers, I probably won’t play. There’s no need in making matters worse.”
___
AP Golf Writer Doug Ferguson and AP National Writer Eddie Pells contributed to this report.
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https://cw33.com/sports/ap-sports/us-open-for-justin-thomas-honestly-is-a-costly-policy/
| 2022-06-19T19:27:30Z
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BOCA RATON, Fla., Aug. 24, 2022 /PRNewswire/ -- TransMedia Group to launch PR campaign for Wellness Wisdom Warriors (https://skneekers.com) to shed light on Dr Tzvi Pearlstein's patented sole heeling transformation. Faced with his own painful "bone-on-bone" knees, he developed a new type of sneaker sole to help prevent knee, hip, and back pain, arthritis, and surgery.
"Our PR campaign will show how for knee pain and knee arthritis sufferers the source of the problem often is their sneakers, which are curable, regardless of the brand," said TransMedia Group CEO Tom Madden.
Publicity to cite malalignment of the feet as a key cause of knee pain, possibly hip and back pain too. Like the toeing in and out of the car tires, wheel alignment shouldn't wait until a car's old, but is needed throughout its life. Some with people.
TransMedia said it will build sole heeling awareness of Dr Pearlstein's discovery that knee pain can be traced to how we put weight on our feet, for which there is a cure his Wellness Wisdom Warriors RV will deliver when it hits the road to painlessness.
TransMedia said it will provide reports to media of WWW's itinerary so anyone with knee, hip, or back pain can bring their sneakers to be cured.
Starting locally in Florida, then nationwide, Dr Tzvi and his WWW RV will be available for booking consultations to modify sneakers/shoes to protect knees, hips, and back and compensate for foot malalignment.
TransMedia Group plans to highlight Dr. Pearlstein's treating sneakers with affordable, convenient medicine by announcing his RV's stops, and alerting companies they can sign up for consultations for their employees, providing "feetback" for health news reporters along the trail.
"I want to conveniently offer comfort from the foot up," said Dr Pearlstein, Founder of Wellness Wisdom Warriors, and expect TransMedia will put my best foot forward to media."
"Companies signing up for our corporate wellness consulting to improve employee comfort, foot and body alignment, and good posture will have happier employees with more energy."
"Media will like interviewing Dr. Pearlstein for his medical knowledge and upbeat personality," said Adrienne Mazzone, President of TransMedia Group.
"TransMedia Group's publicity will truly get the "sneakers cure on the road" informing media of WWW's mission to put people on their feet comfortably."
Media Contact: Adrienne Mazzone amazzone@transmediagroup.com 561-908-1683.
View original content:
SOURCE TransMedia Group
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https://www.kxii.com/prnewswire/2022/08/24/transmedia-group-speed-delivery-wellness-wisdom-warriors-sneaker-cure-hitting-road-with-balancing-medicine-eliminate-knee-pain-across-america/
| 2022-08-24T17:10:43Z
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MUSIQ™ 500 Composite Officially Launches Today, Opening Door for Industry Risk Management and Music as a Tradable Asset
CHICAGO, July 11, 2022 /PRNewswire/ -- Clouty, the first organization to make music a financial instrument, announced that today it is launching a composite index designed to serve as the key benchmark for the music industry. The firm is partnering with the world's leading data providers to disseminate the index globally. The move paves the way for the introduction of a host of tradable financial products, giving the industry and those with exposure to it an opportunity for much-needed risk management capabilities, and offering institutional investors as well as the general public a chance to have a financial stake in music, even down to their favorite songs and genres.
Music is one of the only asset classes that has continued to rise amidst a macro-economic downturn. In 2021, more than $5 billion was spent on music catalog acquisitions, and global music streaming has grown into a $30 billion market from just $2 billion in 2015, on pace to reach $103 billion by 2030, according to industry analysts.
Clouty's MUSIQ™ 500 uses numerous inputs to capture the spot price for the top 500 songs in aggregate streamed in the U.S., consisting of various genres, including rap, children's, country, Latin, R&B/hip-hop, rock, dance/electronic, pop, world music (e.g., afro beats, reggae) and more. Applying its proprietary methodology to calculate the index value, Clouty intends to follow up with individual indexes tracking the top nine genres, along with a global composite, soon after the release of the MUSIQ 500.
Clouty Founder and CEO David Umeh said: "We have very exciting plans for Clouty and interest even beyond what we imagined throughout the financial markets and music industry. By 2030, the global music industry will have grown several times over. The shift in music consumption to streaming has made it possible to run robust and meaningful financial analysis on this data. We're thrilled to kick off our innovative composite index and looking forward to sharing a number of other major developments in the coming months.
"As humans, we're all connected emotionally in some way to songs, and music in the streaming era, which is consistently uncorrelated to other asset classes, remains ripe for innovation. By creating a financial index to allow the world to track the performance of the underlying market – a tool that's been available for decades in other assets – we open the door to a range of interesting opportunities. With our benchmark, the wave of music investing and risk management is taking a huge step forward, providing an important new way for the industry, professional investors and individuals to gain and manage exposure to this valuable asset."
About Clouty
Based in Chicago, Clouty sits at the intersection of data, music and finance, re-imagining the value of music by making it a tradable asset. Its first major initiative is the introduction of MUSIQTM indexes that the company will license. The firm is advised by many of the leading experts in the financial markets and music industry as well as partnering with some of the largest, most established organizations in those fields. Clouty was founded by David Umeh, an entrepreneur who identified the growing need for the music industry to manage risk and benefit from the same tools that other major industries have adopted. For more information, visit www.clouty.io/musiq or contact musiq@clouty.io.
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https://www.kxii.com/prnewswire/2022/07/11/clouty-introduces-musiq-first-benchmarked-financial-index-streaming-songs/
| 2022-07-11T12:19:07Z
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High school student arrested for attempted murder, sexual assault of teacher, police say
LAS VEGAS (KVVU/Gray News) - A high school student was arrested after he reportedly attacked a teacher and assaulted her when the two were discussing his grades.
KVVU reports the Las Vegas Metropolitan Police Department was called to Eldorado High School Thursday afternoon, where a teacher was injured.
Arriving officers were directed to a classroom where a female teacher was being treated by medical personnel for multiple injuries, police said.
According to the LVMPD, an investigation by the department’s Sexual Assault Section indicated that the teacher was in her classroom when a 16-year-old student entered to talk about his grades.
At some point, police say, the student got violent and began punching the teacher and strangled her until she lost consciousness.
Police said the student left the classroom after the attack, and another school employee later found the teacher.
Police were able to identify the student, and Clark County School District police officers took him into custody in a nearby neighborhood.
According to police, the 16-year-old was transported to the Clark County Detention Center and booked on charges that included attempted murder, sexual assault and robbery.
Copyright 2022 KVVU via Gray Media Group, Inc. All rights reserved.
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https://www.wibw.com/2022/04/09/high-school-student-arrested-attempted-murder-sexual-assault-teacher-vegas-police-say/
| 2022-04-09T01:18:26Z
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Industry leader continues to add skilled technicians, expanding reach across Midwest and Southeast
MEQUON, Wis., April 19, 2022 /PRNewswire/ -- Delivering a unique combination of education, solutions, and services, Eagle Eye Power Solutions, LLC continues substantial growth within the DC Power industry. Leading the way is Eagle Eye Services, LLC, the company's service-focused subsidiary, with a dedicated facility in Grain Valley, Missouri.
Eagle Eye Services specializes in:
- BMS Installation, Startup & Commissioning, and PM
- DC System Preventative Maintenance (Discharge Testing)
- Battery System Installation & Removal
For more information on Eagle Eye Services, visit eepowersolutions.com/products/services/.
Setting up shop in the heart of the Midwest has given Eagle Eye Services access to several utility customers in the region while also making it easy to travel across the country as needed. Developed as the first hub for the service team, this location was strategically targeted to kick off the expansion of this crucial part of Eagle Eye's overall offering.
"You really couldn't pick a more central location to be able to deliver our specialized DC services to our major customers in Kansas, Missouri and Oklahoma, with reasonable travel accommodations to the rest of the continental US, too," said Service Manager, Erik Knudtson.
"So far, we've been extremely fortunate in building a core team of local technicians who can mostly work close to home, with minimal overnight jobs. However, with demand surging, that can't be the case much longer."
Finding more and more work across a wide range of US utilities and a recent concentration in Georgia and the Southeast, it seems like only a matter of time before another Eagle Eye Services' satellite location will be set up somewhere in that region, too.
"Our business model with our service offering is pretty simple in theory; go where the work is. However, we want to roll it out strategically by building up a quality team in one region, developing our technicians, and then promoting them to manage other regions. That's our plan for scalability over the next few years," said Ryan Sberna, CEO.
Using the Missouri location as a model, which will eventually house a hands-on battery training center for local customers, Sberna anticipates setting up additional regional Eagle Eye Services facilities over the next 3-5 years.
"After the Southeast, the Atlantic and West coasts probably make sense, but we'll see how it goes. Currently, we'll enjoy the growth and continue to develop the strength and size of our service team accordingly," said Sberna.
About Eagle Eye Power Solutions
Headquartered in Mequon, WI, Eagle Eye Power Solutions is the global leader in combining Critical Power Education, Solutions and Services. With a team of DC Power specialists to draw upon, Eagle Eye works with Utilities and other Critical Power clients to increase reliability, decrease costs, and meet compliance.
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https://www.mysuncoast.com/prnewswire/2022/04/19/eagle-eye-power-solutions-expands-service-capabilities-meet-growing-demand-dc-power-sector/
| 2022-04-19T21:02:10Z
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- Total revenue of $166 million, representing 42% year-over-year growth –
- Upstaza™ gene therapy granted marketing authorization by European Commission for treatment of AADC deficiency with first commercial patient treated –
SOUTH PLAINFIELD, N.J., Aug. 4, 2022 /PRNewswire/ -- PTC Therapeutics, Inc. (NASDAQ: PTCT) today announced a corporate update and financial results for the second quarter ending June 30, 2022.
"We made significant progress in the second quarter toward achieving our ambitious goals for 2022. We continued to generate strong revenue growth, to expand our product portfolio, and to advance our pipeline," said Stuart W. Peltz, Ph.D., Chief Executive Officer, PTC Therapeutics, Inc. "PTC has a broad and deep pipeline across a range of diseases, and we eagerly anticipate important results for several registration-directed studies during the next six to twelve months and this will continue our transformational growth."
Key Corporate Updates:
- The Duchenne muscular dystrophy (DMD) franchise continued to show strong growth, with second quarter total net product revenue of $134 million, or 32% year-over-year growth.
- The FDA approved a label extension for Evrysdi® (risdiplam) to include infants under 2 months old with SMA. Evrysdi is a product of the SMA collaboration among PTC, the SMA Foundation and Roche.
- In July 2022, Upstaza™ (eladocagene exuparvovec), our gene therapy for AADC deficiency, received marketing authorization by the European Commission.
- First group purchase order for Tegsedi® in Brazil was fulfilled.
Key Clinical/Regulatory Updates:
- PTC recently announced positive topline results of the placebo-controlled portion of Study 041 for Translarna. The Study 041 results add to the totality of evidence demonstrating the clinical benefit of Translarna.
- PTC will update topline results of FITE-19 study of emvododstat for COVID-19 on second quarter call.
- PTC continues to make progress in additional ongoing clinical studies:
Second Quarter 2022 Financial Highlights:
- Total revenues were $165.5 million for the second quarter of 2022, compared to $116.7 million for the second quarter of 2021.
- Total revenue includes net product revenue across the commercial portfolio of $143.7 million for the second quarter of 2022, compared to $103.1 million for the second quarter of 2021. Total revenue also includes royalty revenue of $21.8 million in the second quarter of 2022, compared to $13.6 million for the second quarter of 2021.
- Translarna net product revenues were $77.0 million for the second quarter of 2022, compared to $52.6 million for the second quarter of 2021. These results reflect an increase in net product sales coming from new patients in existing geographies and continued geographic expansion.
- Emflaza net product revenues were $56.8 million for the second quarter of 2022, compared to $49.1 million for the second quarter of 2021. These results reflect new patient starts, broader access, continued high compliance, and appropriate weight-based dosing.
- Roche reported year to date 2022 Evrysdi sales of approximately CHF 500 million, resulting in royalty revenue of $21.8 million to PTC in the second quarter of 2022, as compared to $13.6 million for the second quarter of 2021.
- Based on U.S. GAAP (Generally Accepted Accounting Principles), GAAP R&D expenses were $157.3 million for the second quarter of 2022, compared to $125.5 million for the second quarter of 2021. The increase reflects increased investment in research programs and advancement of the clinical pipeline.
- Non-GAAP R&D expenses were $143.5 million for the second quarter of 2022, excluding $13.8 million in non-cash, stock-based compensation expense, compared to $112.0 million for the second quarter of 2021, excluding $13.4 million in non-cash, stock-based compensation expense.
- GAAP SG&A expenses were $79.9 million for the second quarter of 2022, compared to $68.9 million for the second quarter of 2021. The increase reflects our continued investment to support commercial activities including our expanding commercial portfolio.
- Non-GAAP SG&A expenses were $66.0 million for the second quarter of 2022, excluding $13.9 million in non-cash, stock-based compensation expense, compared to $56.6 million for the second quarter of 2021, excluding $12.3 million in non-cash, stock-based compensation expense.
- Change in the fair value of deferred and contingent consideration was a $15.2 million gain for the second quarter of 2022, compared to a $0.7 million loss for the second quarter of 2021. The change in fair value of deferred and contingent consideration is related to the fair valuation of potential future consideration to be paid to former equity holders of Agilis Biotherapeutics, Inc. (Agilis) in connection with PTC's acquisition of Agilis, which closed in August 2018.
- Net loss was $152.1 million for the second quarter of 2022, compared to net loss of $118.4 million for the second quarter of 2021.
- Cash, cash equivalents, and marketable securities was $505.5 million on June 30, 2022, compared to $773.4 million at December 31, 2021.
- Shares issued and outstanding as of June 30, 2022 were 71,505,889.
PTC Reaffirms Full Year 2022 Financial Guidance:
- PTC anticipates total revenues for the full year 2022 to be between $700 and $750 million.
- PTC anticipates net product revenues for the DMD franchise for the full year 2022 to be between $475 and $495 million.
- PTC anticipates GAAP R&D and SG&A expense for the full year 2022 to be between $915 and $965 million.
- PTC anticipates Non-GAAP R&D and SG&A expense for the full year 2022 to be between $800 and $850 million, excluding estimated non-cash, stock-based compensation expense of $115 million.
Non-GAAP Financial Measures:
In this press release, the financial results of PTC are provided in accordance with GAAP and using certain non-GAAP financial measures. In particular, the non-GAAP financial measures exclude non-cash, stock-based compensation expense. These non-GAAP financial measures are provided as a complement to financial measures reported in GAAP because management uses these non-GAAP financial measures when assessing and identifying operational trends. In management's opinion, these non-GAAP financial measures are useful to investors and other users of PTC's financial statements by providing greater transparency into the historical and projected operating performance of PTC and the company's future outlook. Non-GAAP financial measures are not an alternative for financial measures prepared in accordance with GAAP. Quantitative reconciliations of the non-GAAP financial measures to their respective closest equivalent GAAP financial measures are included in the table below.
Acronyms:
AADC: Aromatic L-amino acid decarboxylase
ALS: Amyotrophic Lateral Sclerosis
DMD: Duchenne Muscular Dystrophy
FDA: U.S. Food and Drug Administration
PKU: Phenylketonuria
R&D: Research and Development
SG&A: Selling, General and Administrative
SMA: Spinal Muscular Atrophy
Today's Conference Call and Webcast Reminder:
To access the call by phone, please click here to register and you will be provided with dial-in details. To avoid delays, we recommend participants dial in to the conference call 15 minutes prior to the start of the call. The webcast conference call can be accessed on the Investor section of the PTC website at https://ir.ptcbio.com/events-presentations. A replay of the call will be available approximately two hours after completion of the call and will be archived on the company's website for 30 days following the call.
About PTC Therapeutics, Inc.
PTC is a science-driven, global biopharmaceutical company focused on the discovery, development and commercialization of clinically differentiated medicines that provide benefits to patients with rare disorders. PTC's ability to globally commercialize products is the foundation that drives investment in a robust and diversified pipeline of transformative medicines and our mission to provide access to best-in-class treatments for patients who have an unmet medical need. The company's strategy is to leverage its strong scientific expertise and global commercial infrastructure to maximize value for its patients and other stakeholders. To learn more about PTC, please visit us at www.ptcbio.com and follow us on Facebook, on Twitter at @PTCBio, and on LinkedIn.
For More Information:
Investors:
Kylie O'Keefe
+1 (908) 300-0691
kokeefe@ptcbio.com
Media:
Jeanine Clemente
+1 (908) 912-9406
jclemente@ptcbio.com
Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. All statements contained in this release, other than statements of historic fact, are forward-looking statements, including the information provided under the heading "PTC Reaffirms Full Year 2022 Financial Guidance", including with respect to (i) 2022 total revenue guidance, (ii) 2022 net product revenue guidance for the DMD franchise and (iii) 2022 GAAP and non-GAAP R&D and SG&A expense guidance, and statements regarding: the future expectations, plans and prospects for PTC, including with respect to the expected timing of clinical trials and studies, availability of data, regulatory submissions and responses and other matters; expectations with respect to Upstaza and other programs within PTC's gene therapy platform, including any regulatory submissions, commercialization and manufacturing capabilities; advancement of PTC's joint collaboration program in SMA, including any regulatory submissions, commercialization or royalty or milestone payments; PTC's expectations with respect to the licensing, regulatory submissions and commercialization of its products and product candidates; PTC's strategy, future operations, future financial position, future revenues, projected costs; and the objectives of management. Other forward-looking statements may be identified by the words, "guidance", "plan," "anticipate," "believe," "estimate," "expect," "intend," "may," "target," "potential," "will," "would," "could," "should," "continue," and similar expressions.
PTC's actual results, performance or achievements could differ materially from those expressed or implied by forward-looking statements it makes as a result of a variety of risks and uncertainties, including those related to: expectations with respect to the COVID-19 pandemic and related response measures and their effects on PTC's business, operations, clinical trials, regulatory submissions and approvals, and PTC's collaborators, contract research organizations, suppliers and manufacturers; the outcome of pricing, coverage and reimbursement negotiations with third party payors for PTC's products or product candidates that PTC commercializes or may commercialize in the future; expectations with respect to Upstaza and other programs within PTC's gene therapy platform, including any regulatory submissions and potential approvals, commercialization, manufacturing capabilities and the potential financial impact and benefits of its leased biologics manufacturing facility and the potential achievement of development, regulatory and sales milestones and contingent payments that PTC may be obligated to make; expectations with respect to the commercialization of Evrysdi under our SMA collaboration; PTC's ability to maintain its marketing authorization of Translarna for the treatment of nmDMD in Brazil, Russia, the European Economic Area (EEA) and other regions, including whether the European Medicines Agency (EMA) determines in future annual renewal cycles that the benefit-risk balance of Translarna authorization supports renewal of such authorization; PTC's ability to complete Study 041, which is a specific obligation to continued marketing authorization in the EEA; PTC's ability to utilize results from Study 041, a randomized, 18-month, placebo-controlled clinical trial of Translarna for the treatment of nmDMD followed by an 18-month open-label extension, to support a marketing approval for Translarna for the treatment of nmDMD in the United States; expectations with respect to the commercialization of Tegsedi and Waylivra; the results of PTC's clinical trial for emvododstat for COVID-19; significant business effects, including the effects of industry, market, economic, political or regulatory conditions; changes in tax and other laws, regulations, rates and policies; the eligible patient base and commercial potential of PTC's products and product candidates; PTC's scientific approach and general development progress; PTC's ability to satisfy its obligations under the terms of its lease agreements, including for its leased biologics manufacturing facility; the sufficiency of PTC's cash resources and its ability to obtain adequate financing in the future for its foreseeable and unforeseeable operating expenses and capital expenditures; and the factors discussed in the "Risk Factors" section of PTC's most recent Annual Report on Form 10-K, as well as any updates to these risk factors filed from time to time in PTC's other filings with the SEC. You are urged to carefully consider all such factors.
As with any pharmaceutical under development, there are significant risks in the development, regulatory approval and commercialization of new products. There are no guarantees that any product will receive or maintain regulatory approval in any territory, or prove to be commercially successful, including Translarna, Emflaza, Upstaza, Evrysdi, Tegsedi or Waylivra.
The forward-looking statements contained herein represent PTC's views only as of the date of this press release and PTC does not undertake or plan to update or revise any such forward-looking statements to reflect actual results or changes in plans, prospects, assumptions, estimates or projections, or other circumstances occurring after the date of this press release except as required by law.
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SOURCE PTC Therapeutics, Inc.
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https://www.mysuncoast.com/prnewswire/2022/08/04/ptc-therapeutics-provides-corporate-update-reports-second-quarter-financial-results/
| 2022-08-04T21:13:46Z
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The new "To Treasure, Now and Forever" campaign celebrates the longevity, beauty, and versatility of natural diamonds throughout all the roles one may play in life
NEW YORK, Sept. 8, 2022 /PRNewswire/ -- The Natural Diamond Council (NDC) announces the imminent launch of its global advertising campaign with the sentiment: "To Treasure, Now and Forever" featuring the freshly appointed British actor, Lily James to Global Ambassador.
Ms. James has had a diversified, international acting career, and is a celebrated Hollywood star who recently received her first Emmy nomination for Outstanding Lead Actress in a Limited Series for her performance as Pamela Anderson in Pam & Tommy. Ms. James' next feature film project, Providence, is currently in post-production.
"Lily James is the modern epitome of natural diamonds," says David Kellie, CEO of Natural Diamond Council. "With her recent Emmy nomination, Lily has been recognized as one of the leading actors in the world. The talent, versatility, and authenticity she brings to the table are the perfect attributes to represent natural diamonds. We are thrilled to have her join us as we build upon the success of another record-breaking year for natural diamond jewelry."
"I am so excited and proud to be the Global Ambassador for Natural Diamond Council," says Lily James. "It has been illuminating to discover the positive impact of the natural diamond industry across the globe and its commitment to continued improvement. I am eager to witness more of this firsthand in my new role."
Ms. James shines in NDC's natural diamond universe, serving as the main inspiration for the 30-second campaign film which captures a series of scenes relevant to the myriad of roles Ms. James plays on and off camera. Set throughout London, where Ms. James resides, the film draws the eye to its heroine from street, to set, and to stage. Each moment, whether big or small, is decorated by life's most meaningful adornments, sparkling pieces of diamond jewelry underscoring the film's manifesto, "To Treasure, Now and Forever."
"Women self-purchasing natural diamond jewelry continues to be a dominant growth driver for the sector," says Kristina Buckley Kayel, Managing Director of Natural Diamond Council. "Women today play many roles in life, and a natural diamond jewelry purchase is a way to express reward, self-love, and individuality which we aim to personify through our campaign film. The diamond jewelry is a constant reminder of her deservingness no matter what she has going on!"
As a brand-agnostic, not-for-profit organization which celebrates the creativity and values of the natural diamond category, NDC's campaign showcases a range of diamond jewelry styles from staples like tennis bracelets and necklaces, studs and hoops, to original creations including statement earrings or spiral bracelets. All of these pieces were sourced from independent designers, brands, and NDC's official retail partners who will also run the campaign into 2023 through a co-op advertising program.
Building upon the success of NDC's previous advertising campaigns, Ms. James wears jewelry specifically created for the campaign that are IP-protected and extensions of bestseller items such as the Soleil pendant, designed by Malyia McNaughton, an alumni of NDC's Emerging Designers Diamond Initiative, which is now reimagined as earrings and a bracelet. The selection of campaign-specific jewelry pieces are available upon request and can be interpreted by retailers globally. All jewelry worn in the campaign will be showcased in an immersive look book on a dedicated campaign website located on naturaldiamonds.com, which has received over 130 million unique visitors in 2021.
The advertising strategy focuses predominantly on digital video including presence on streaming services, Hulu and Peacock. Campaign creative will run across print and digital media outlets and be present out-of-home in transit shelters in the New York and Los Angeles markets. The campaign will also run in the UK, France, India, UAE, and China.
The campaign was directed by Manu Cossu and photographed by Sasha Marro, in addition to Molly SJ Lowe. Rebecca Corbin-Murray provided fashion styling for Ms. James.
The Natural Diamond Council (NDC) inspires and informs consumers about the incredible world of natural diamonds through its Only Natural Diamonds platform. The platform is the authoritative publisher on all things natural diamonds including celebrities and pop culture, epic diamonds and jewelry trends, engagements and weddings, and diamond buying guides.
The NDC supports the integrity of the natural diamond industry by providing transparency and insight on the progress of this sector and its commitments to further betterment. NDC is a global organization whose members' operations span four continents and ten countries including Canada, South Africa, and Botswana. Their operations support the livelihood of 10 million industry employees and their families around the world.
The NDC operates in the US, China, India, UAE, and Europe.
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SOURCE Natural Diamond Council
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https://www.mysuncoast.com/prnewswire/2022/09/08/natural-diamond-council-names-new-global-ambassador-lily-james-inspiring-latest-advertising-campaign/
| 2022-09-08T13:51:31Z
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WASHINGTON (AP) — Federal prosecutors in the U.S. have charged the leader of a notoriously violent Haitian gang in connection with the kidnapping of 16 Americans last year, the Justice Department said Tuesday.
Joly Germaine, 29, who is also known as “Yonyon,” is accused of leading the 400 Mawozo gang and is the first person charged by Justice Department prosecutors with having any involvement in the kidnapping of the Christian missionaries. He was extradited to the U.S. last week and faces separate charges in a firearms trafficking case, prosecutors said.
The indictment says Germaine was in a Haitian prison during the kidnapping but was nonetheless able to direct his group’s operations, including ransom negotiations for the captives’ release. One of the stated goals of the hostage-taking was to get the Haitian government to release Germaine from prison, prosecutors said.
A total of 17 people from the missionary group — 12 adults and five minors — were abducted Oct. 16 shortly after visiting an orphanage in Ganthier, in the Croix-des-Bouquets area, the group has said. The group included 16 Americans and one Canadian.
Twelve of the captive missionaries escaped during a daring overnight caper, eluding their kidnappers and walking for miles over difficult, moonlit terrain with an infant and other children in tow. The group navigated by stars to reach safety after a two-month kidnapping ordeal, according to officials with the Christian Aid Ministries, the Ohio-based agency that the missionaries work for.
Their captors from the 400 Mawozo gang initially demanded millions of dollars in ransom. Five other captives had earlier reached freedom. It is still unclear if any ransom was paid. The 12 hostages who escaped were flown to Florida on a U.S. Coast Guard flight, and later reunited with the five hostages who had been released earlier.
Germine is due to make his first court appearance Wednesday. It was not immediately clear if he had a lawyer to comment on his behalf.
“This case shows that the Justice Department will be relentless in our efforts to track down anyone who kidnaps a U.S. citizen abroad,” Attorney General Merrick Garland said in a statement. “We will utilize the full reach of our law enforcement authorities to hold accountable anyone responsible for undermining the safety of Americans anywhere in the world.”
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https://cw33.com/news/politics/ap-politics/haitian-gang-leader-charged-in-kidnapping-of-us-missionaries/
| 2022-05-11T15:38:07Z
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Teams Develop New AI-driven Method to Discover, Design and Develop Next Generation Materials to Help Reduce Carbon Emissions
LOS ALTOS, Calif. and CHICAGO, Aug. 17, 2022 /PRNewswire/ -- Toyota Research Institute (TRI) and Northwestern University today announce their collaboration to help accelerate new materials discovery, design and development with the world's first nanomaterial "data factory." This AI-driven methodology goes far beyond the traditional trial and error by exploring vast parameter sets, collecting data and then empowering AI to search the materials genome to find the best materials for a given application. While the first application of the data factory will be used to discover new catalysts to make fuel cell vehicles more efficient, TRI and Northwestern believe this method of materials discovery will have wide-ranging applications in the future such as clean hydrogen production, CO2 removal from air and high-efficiency solar cells.
"Meeting the growing demand for mobility without emitting carbon is a major challenge," said Brian Storey, TRI senior director of energy and materials. "Through this partnership with Northwestern, we have significantly reduced the time it takes to test and find new materials that can be used in batteries and fuel cells to decarbonize transportation."
"This groundbreaking research marks an inflection point in how we discover and develop critical materials," said Chad Mirkin, director of the International Institute for Nanotechnology and the George B. Rathmann Professor of Chemistry at Northwestern. "Together with TRI, we're poised to empower the scientific community to find the best materials that can truly power the clean energy transition."
TRI & Northwestern Data Factory
TRI and Northwestern developed a machine learning algorithm capable of synthesizing materials at record speeds to sift through Northwestern's new Megalibraries — a library containing more new inorganic materials than scientists have ever collected and categorized. Together, these concepts create the first nanomaterial data factory — a groundbreaking effort to create and mine large sets of high-quality, complex first-party data. The team is using this new approach to find catalysts that can be used instead of expensive, rare materials the world currently depends on, such as platinum and iridium.
Prior to this collaboration, machine learning algorithms have been trained on lower-quality, inconsistently-gathered data sets. Now, with Northwestern and TRI's new capabilities, high-quality data sets can be used by the team to train complex algorithms that enable the rapid and objective discovery of crucial materials for unmet needs.
Hear directly from TRI and Northwestern on this groundbreaking research here.
About Toyota Research Institute
Toyota Research Institute (TRI) conducts research to advance robotics, energy and materials, machine learning, and human-centric artificial intelligence. Led by Dr. Gill Pratt, TRI's team of researchers are developing technologies to amplify human ability, focused on making our lives safer and more sustainable. Established in 2015, TRI has offices in Los Altos, California and Cambridge, Massachusetts. For more information about TRI, please visit http://tri.global.
About Northwestern University
Founded in 1851, Northwestern University is one of the country's leading private research and teaching universities with an enrollment of approximately 8,000 full-time undergraduate students and approximately 8,000 full-time graduate and professional students and approximately 2,000 part-time students on campuses in Evanston and Chicago, Illinois, and Doha, Qatar. Northwestern combines innovative teaching and pioneering research in a highly collaborative environment that transcends traditional academic boundaries. Northwestern provides students and faculty exceptional opportunities for intellectual, personal and professional growth in a setting enhanced by the richness of Chicago.
TRI Media Contact:
Wendy Rosen
Director of Communications
wendy.rosen@tri.global
Northwestern Media Contact:
Win Reynolds
Research Science and Engineering Editor
win.reynolds@northwestern.edu
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https://www.mysuncoast.com/prnewswire/2022/08/17/toyota-research-institute-northwestern-join-forces-accelerate-discovery-materials-that-will-drive-clean-energy-transition/
| 2022-08-17T13:56:59Z
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SME ZONE offers attendees valuable networking and development opportunities
DETROIT, May 6, 2022 /PRNewswire/ -- RAPID + TCT, North America's largest and most influential additive manufacturing (AM) event, is returning to Detroit this May with next-level speakers, panels and other major attractions such as the SME ZONE. The SME ZONE is the focal point of everything happening at RAPID + TCT, offering unique networking opportunities and the chance to meet with other like-minded AM professionals. SME Executive Director & CEO Robert Willig made the announcement.
"SME has a rich history of providing top-notch professional development opportunities and chances for industry professionals to be part of leading advancements in technology, engineering processes and manufacturing innovations," said Willig. "The SME ZONE is an incredible opportunity for attendees of RAPID + TCT to learn more about our organization and vice versa. I'm blown away by the conversations had by attendees and delegates, panelists, exhibiting companies and sponsors, and I look forward to coming together again to share experiences and move our organization and industries forward. Our dynamic lineup of Industry Partner Panel presentations in our SME ZONE Theater promises amazing AM insights."
SME brings together the most prestigious, experienced and innovative professionals in the industry. The SME ZONE at RAPID + TCT offers attendees the ability to interact with the different SME strategic units, dive deep into each area of SME and learn how SME can advance their business and career.
One of the major attractions hosted inside of the SME ZONE will be the SME ZONE Theater. With a full lineup of over 15 Industry Partner panel discussions, the SME ZONE Theater will provide attendees with an immersive, firsthand experience in the latest 3D-technology advancements. Topics from AM's well-known leaders from strategic and influential Industry Partners that are critical to SME and RAPID + TCT activities, these panels will touch on technological opportunities across automotive, aerospace, healthcare, materials and beyond.
The SME ZONE Theater will feature AM leaders from 60+ accomplished organizations giving fresh insight daily on the latest topics affecting the industry. Such discussions include:
- "Additive Manufacturing for Automotive—Challenges and Opportunities" presented in partnership with SAE International.
- "Addressing Data Challenges in the Digital Thread through Standardization" presented in partnership with the 3MF Consortium.
"Sustainable Innovation in Metal AM Powder" presented in partnership with AMGTA (the Additive Manufacturing Green Trade Association) and many more.
Focused on showcasing innovative technologies addressing the industry's most pressing issues, represented by industry leading organizations advancing AM, the SME AM community is passionate about accelerating adoption within the manufacturing industry. Throughout the entire duration of RAPID +TCT, the SME ZONE will provide access to experts, dynamic panel discussions, opportunities to build relationships, and network with SME and our Industry Partners.
To learn more about the RAPID + TCT and the SME ZONE, please visit rapid3devent.com.
About RAPID + TCT
For more than 30 years, SME and RAPID have defined the crucial role of additive manufacturing and empowered the establishment of an industry that continues to conceive, test, improve and manufacture new products at a faster, more cost-efficient pace. In 2017, the two industry leaders in 3D technology events, SME and The TCT Group, partnered to produce the annual RAPID + TCT event. For users and suppliers alike, the event is the premier destination for those who provide technology and for those who need to understand, explore and adopt 3D printing, additive manufacturing, 3D scanning, CAD/CAE, metrology and inspection technologies. For more information, visit rapid3devent.com, follow @RAPID_Event on Twitter or on LinkedIn.
About SME
SME connects manufacturing professionals, academia and communities, sharing knowledge and resources to build inspired, educated and prosperous manufacturers and enterprises. With 90 years of experience and expertise in events, media, membership, training and development, and also through the SME Education Foundation, SME is committed to promoting manufacturing technology, developing a skilled workforce and attracting future generations to advance manufacturing. Learn more at SME.org, follow @SME_MFG on Twitter or facebook.com/SMEmfg.
About Rapid News Publications Ltd & The TCT Group
Rapid News Publications Ltd, the owner of the TCT Group, has been a leading authority in additive manufacturing, 3D printing, design and engineering technology for 30 years. A rich mix of live events and all-encompassing media portfolio enables TCT to deliver business critical intelligence, connecting the additive community across Europe, North America and Asia. The TCT Group (www.thetctgroup.com) is owned by Rapid News Publications Ltd (www.rapidnews.com) a member of the AEO (Association of Event Organizers) and BPA Worldwide.
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SOURCE SME
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https://www.kxii.com/prnewswire/2022/05/06/sme-celebrates-90th-year-showcases-industrys-best-rapid-tct-2022/
| 2022-05-06T14:37:46Z
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7-foot alligator removed from Georgia daycare
SAVANNAH, Ga. (WTOC/Gray News) – A daycare in Georgia had a surprise visitor on Wednesday morning – a 7-foot alligator!
Workers at Angels Child Care and Enrichment Center in Savannah found the alligator lying underneath a chair by the front door of the building.
Fortunately, all the kids at the daycare were inside at the time, and no one was injured.
“For the babies, it was very exciting,” daycare worker Katrina Bostick said. “It was like, ‘OK, we have our own personal zoo.’”
Savannah police called local alligator trapper Jack Douglas, known as “Trapper Jack,” to help remove the animal.
Douglas said the neighborhood is surrounded by a lot of wetland, but the weather has been dry recently.
“They move from pond to pond looking for water and they end up in places like this,” Douglas said.
Douglas was able to safely trap and relocate the alligator.
Copyright 2022 WTOC via Gray Media Group, Inc. All rights reserved.
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https://www.wibw.com/2022/07/28/7-foot-alligator-removed-georgia-daycare/
| 2022-07-28T16:02:25Z
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NEW DELHI (AP) — Two high-rise apartment towers in India were leveled to the ground in a controlled demolition on Sunday after the country’s top court declared them illegal for violating building norms, officials said. They became India’s tallest structures to be razed to the ground.
More than 1,500 families vacated their apartments in the area more than seven hours before the nearly 100-meter- (328 feet) tall towers crumbled inward by the impact of the implosion. The 32-story and 29-story towers, which were being constructed by a private builder in Noida city on the outskirts of New Delhi, were yet to be occupied.
“Largely, everything is OK,” said Ritu Maheshwari, a government administrator, after the demolition. “It happened as expected.”
The demolition was completed within seconds but followed a 12-year court battle between residents in the area and the builder, Supertech Limited.
The razing of the towers occurred after the Supreme Court found that the builder, in collusion with government officials, violated laws prohibiting construction within a certain distance from nearby buildings.
The Supreme Court said the construction of the two towers also was illegal because the builder did not receive mandatory consent from other apartment owners in the area.
Ahead of the demolition, the towers were surrounded by scaffolding, fences, barricades and special covers to block dust from the approximately 88,000 tons of debris that would be generated, officials said. Disposing all of the debris will take three months.
Residents are expected to return to the area Sunday evening after experts examine the impact of the demolition. Some apartments are located just nine meters (29.5 feet) away from the blast site, and the required safe distance is 20 meters (65.6 feet).
“It would come in the top five demolitions in the world in terms of height, volume, steel and tightness of the structure,” said Utkarsh Mehta, a partner with Edifice Engineering, which brought down the building in collaboration with Jet Demolition from South Africa at a cost of 180 million rupees ($2.25 million).
Mehta said 3,500 kilograms (7,716 pounds) of explosives were drilled into thousands of holes in the columns and shears of the towers. Experts used the waterfall method of demolition in which one story collapses on the next.
Joe Brikmann, director of Jet Demolition, said earlier he was confident no harm would come to the buildings adjacent to the demolished towers.
“The buildings in this area are in a high seismic zone (zone IV) and built to experience earthquakes which are much stronger than vibrations from an implosion. We are confident that the implosion of the towers will not cause any damage to properties,” The Times of India newspaper quoted him as saying.
The tallest building demolished in the world with explosives to date was 165 meters tall (541 feet), and occurred in Abu Dhabi, United Arab Emirates on Nov. 27, 2020, according to Guinness World Records.
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https://cw33.com/news/international/ap-international/ap-2-high-rise-towers-in-india-demolished-for-violating-laws/
| 2022-08-29T09:40:09Z
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ABU DHABI, United Arab Emirates , Sept. 15, 2022 /PRNewswire/ -- e&, formerly known as Etisalat Group, today announced a multi-year strategic partnership with Abu Dhabi Motorsports Management, as a founding partner of FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX, the biggest sporting event in the Middle East, bringing the best in entertainment and digital experiences for residents and motorsport enthusiasts alike.
As a founding partner for the signature event, e& will work closely with Abu Dhabi Motorsports Management and Formula 1® in driving consumer engagement with digital experiences.
Since e&'s global transformation to a technology and investment conglomerate earlier this year, the company has continued its journey with steady progress in creating innovative solutions using next-generation technologies. This has created limitless possibilities built on connections, connectivity and collaboration. Through its specialised business pillars, the Group continues to bring more power, freedom and joy to its customers, delivering technology solutions that create and enable platforms for smart connectivity, holistic digital experiences and entertainment.
Hatem Dowidar, Group CEO, e&, said: "These are exciting times for us and we are delighted to partner with the Formula 1 Etihad Airways Abu Dhabi Grand Prix, the season finale and a world-renowned motorsports event that brings the best of global sport and entertainment to the UAE. Our multi-year strategic partnership with such a premium global brand offers us multiple opportunities to not only build new relationships and enhance customer experiences but also to seal our brand positioning as the global technology and investment conglomerate that digitally empowers societies."
"Today, the country is a global destination of sports; given the world-class facilities and diverse landscape, the UAE and the emirate of Abu Dhabi will be more prevalent on the world's sporting calendar. We are proud to be part of this global show alongside other reputed global brands, a next-generation, technology-driven sport appealing to a broad and ever-growing audience that resonates with the values of e& and its ambitions of transforming into a global technology and investment conglomerate. The event will give us an opportunity to explore possibilities that will elevate the visitor experience in the most innovative way at Formula 1 Etihad Airways Abu Dhabi Grand Prix."
Saif Al Noaimi, CEO, Abu Dhabi Motorsports Management, said: "We are proud and honored to announce e& as a founding partner to the Formula 1 Etihad Airways Abu Dhabi Grand Prix. Having the world's eyes on Abu Dhabi during Race Week, provides e& with an excellent platform for the brand to tell its global transformation story, as it grows and evolves. The 14th edition of the Abu Dhabi Grand Prix promises to be a fantastic event, with exceptional demand following last year's record-breaking race weekend, we look forward to welcoming thousands of global F1® fans to Yas Island, we will once again create some unforgettable memories for visitors from around the world in front of our biggest ever crowds. We look forward to e& joining us on that journey."
This year's race weekend takes place from November 17-20 at Yas Marina Circuit, with the 2022 F1® season-finale following an action-packed four days of entertainment and racing action. Fans can look forward to the thrills of live action at Yas Marina Circuit, the fun-filled adventures of Yas Island and the iconic Yasalam After-Race Concerts at Etihad Park.
With the world's biggest motorsport stars heading to the iconic Yas Marina Circuit on Sunday 20th November, fans can look forward to an incredible spectacle as the F1® season comes to a close later this year in Abu Dhabi.
Photo: https://mma.prnewswire.com/media/1899689/Hatem_Dowidar__and_Saif_Al_Noaimi.jpg
Photo: https://mma.prnewswire.com/media/1899690/e_Abu_Dhabi_Motorsports_Management.jpg
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SOURCE e&; Yas Marina Circuit
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https://www.kxii.com/prnewswire/2022/09/15/eamp-announces-multi-year-strategic-collaboration-part-formula-1-etihad-airways-abu-dhabi-grand-prix/
| 2022-09-15T10:20:48Z
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The company announces initial investment of $2.4 million with an additional estimated $3.2 million expected over 5 years
CHARLOTTE, N.C., Aug. 11, 2022 /PRNewswire/ -- Conterra Ultra Broadband Holdings, Inc. ("Conterra Networks") today announced its continued investment in fiber network growth across Rusk County with its initial investment of $2.4 million and an additional estimated $3.2 million expected over 5 years.
Conterra Networks designs and builds its 100% fiber network with symmetrical service and speeds of up to 10 Gbps and 99.99% network reliability. The company's local team manages the all-fiber network, which is now available to approximately 692 Rusk County businesses and growing.
"We continue to prioritize the communities we serve by investing in local network infrastructure," said Craig Gunderson, President and CEO of Conterra Networks. "This investment is critical to the growth in Rusk County. With the ever-increasing business connectivity requirements, we are always committed to enabling limitless communications opportunities for our customers by providing access to custom-designed, ultra-high-capacity broadband networks."
Conterra Networks is expanding and investing in communities in Texas, including Henderson, Tyler, San Angelo, Brownwood, Lufkin, and Nacogdoches.
The expansion is part of the company's growing network infrastructure across the United States. To date, Conterra Networks has 13,250 fiber miles, 2,700 schools served, and over 7,500 on-net locations.
To learn more about Conterra Networks and the expansion efforts in Texas, visit www.conterra.com.
Founded in 2001, and now operating 13,250 fiber miles, Conterra Networks is one of the largest remaining independent broadband infrastructure companies in the United States based on its optical fiber and fixed wireless network assets and annual recurring revenues. The company is owned by affiliates of APG and Fiera, along with significant participation by the company's senior management team. For more information about Conterra Networks, please visit www.conterra.com.
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SOURCE CONTERRA ULTRA BROADBAND, LLC
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https://www.kxii.com/prnewswire/2022/08/11/conterra-networks-continues-invest-fiber-network-growth-across-rusk-county/
| 2022-08-11T19:48:27Z
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NEW YORK, June 17, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Oscar Health, Inc. (NYSE: OSCR).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/oscar-health-inc-loss-submission-form/?id=28683&from=4
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Oscar Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's March 2021 initial public offering.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 11, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Oscar Health, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Oscar was experiencing growing COVID-19 testing and treatment costs; (2) Oscar was experiencing growing net COVID costs; (3) Oscar would be negatively impacted by an unfavorable prior year Risk Adjustment Data Validation result relating to 2019 and 2020; (4) Oscar was on track to be negatively impacted by significant SEP membership growth; 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.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law
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https://www.kxii.com/prnewswire/2022/06/17/oscr-shareholder-alert-jakubowitz-law-reminds-oscar-shareholders-lead-plaintiff-deadline-july-11-2022/
| 2022-06-17T10:53:30Z
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Knight stops 27 shots, Panthers blank Senators 4-0
OTTAWA, Ontario (AP) — Carter Verhaeghe scored twice and Spencer Knight stopped 27 shots for his second career shutout as the Florida Panthers beat the Ottawa Senators 4-0. Sam Reinhart and Sam Bennett also scored for Florida, which halted Ottawa’s four-game winning streak. Filip Gustavsson made 26 saves for Ottawa.
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https://localnews8.com/sports/ap-national-sports/2022/04/28/knight-stops-27-shots-panthers-blank-senators-4-0/
| 2022-04-29T03:46:16Z
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NEW ORLEANS, June 10, 2022 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 18, 2022 to file lead plaintiff applications in a securities class action lawsuit against Pegasystems Inc. (NasdaqGS: PEGA), if they purchased the Company's shares between May 29, 2020 and May 9, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the Eastern District of Virginia.
If you purchased shares of Pegasystems and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-pega/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 18, 2022.
Pegasystems and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 9, 2022, post-market, the Company disclosed that a Virginia state court jury deliberating over a lawsuit brought by one of its principal competitors, Appian Corporation ("Appian") for stealing its trade secrets and violating the commonwealth's computer crime law had awarded Appian more than $2 billion for the Company's "willful and malicious" trade secret misappropriation.
On this news, shares of Pegasystems plummeted from $65.93 per share on May 9, 2022, to close at $52.25 per share on May 10, a one-day decline of 21% that wiped out over $1 billion in market capitalization.
The case is City of Fort Lauderdale Police and Firefighters' Retirement System v. Pegasystems Inc., et al., No. 1:22-cv-00578.
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC
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https://www.kxii.com/prnewswire/2022/06/11/pegasystems-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-pegasystems-inc-pega/
| 2022-06-11T04:03:50Z
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NEW YORK, Aug. 16, 2022 /PRNewswire/ -- Emily Portney, Chief Financial Officer, and Jim Crowley, Chief Executive Officer of BNY Mellon | Pershing, will speak at the Barclays Global Financial Services Conference, at 7:30 a.m. ET on Tuesday, September 13, 2022. The discussion may include forward-looking statements and other material information.
A live webcast of the audio portion of the conference will be available on the BNY Mellon website (www.bnymellon.com/investorrelations). An archived version of the audio portion will be available on the BNY Mellon website approximately 24 hours after the live webcast and will remain available until October 13, 2022.
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of June 30, 2022, BNY Mellon had $43.0 trillion in assets under custody and/or administration, and $1.9 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
Contacts:
Media
Garrett Marquis
+1 949 683 1503
garrett.marquis@bnymellon.com
Analysts
Marius Merz
+1 212 298 1480
marius.merz@bnymellon.com
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SOURCE BNY Mellon
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https://www.mysuncoast.com/prnewswire/2022/08/16/bny-mellon-speak-barclays-global-financial-services-conference/
| 2022-08-16T11:57:03Z
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ALBANY, N.Y., June 30, 2022 /PRNewswire/ -- Today, AARP New York announced six organizations throughout the state will receive 2022 Community Challenge grants – part of the largest group of grantees to date with $3.4 million awarded among 260 organizations nationwide. Grantees will implement quick-action projects that help communities become more livable in the long-term by improving public places; transportation; housing; diversity, equity and inclusion; digital access; and civic engagement, with an emphasis on the needs of adults age 50 and over.
"AARP New York is committed to working with communities to improve residents' quality of life through tangible changes," said AARP New York State Director Beth Finkel. "We are proud to collaborate with this year's grantees as they make immediate improvements in their communities to jumpstart long-term change, especially for New Yorkers 50 and over."
Here in New York, projects funded include:
- A grant of $10,000 toward the Freedom Story Project at John Brown Lives! in the Adirondacks. The project, which enlists older volunteers, collects stories of social justice service and activism – emphasizing the stories of older adults – to forge inspiring connections between generations.
- A grant of $15,000 for two publicly accessible, permanent tennis courts at the Chautauqua Institution in Western New York. The project will feature pickle ball to engage the community and provide an activity that's easy to pick up for older players or those with mobility concerns.
- A grant of $15,000 to the Regional Plan Association to identify, interview and film older residents on Long Island to share their stories highlighting the need for and benefits of accessory dwelling units (ADUs). The videos will be shared on social and other media to advance education on ADUs.
- A $15,240 grant for the New York City Department for the Aging to expand the Intergenerational Cultural Workshops Series to build community and foster healing from exposure to crime. The series aims to strengthen the family unit, increase community engagement and promote access and equity for 540 older adults and children living in high crime neighborhoods in the Bronx, Manhattan and Brooklyn.
- A $20,000 grant for the Downtown Schenectady Improvement Corporation to convert an abandoned downtown lot into a thriving community space filled with accessible seating, improved lighting, and public art while focusing on older residents and the disabled within the community.
- A $11,500 grant will establish Jazz Night @ Dorothy J Collier Community Center in Buffalo to enhance cultural activities, create a sense of belonging, encourage multigenerational interaction, beautify the neighborhood and provide an outlet for disenfranchised community members.
AARP Community Challenge grant projects will be funded in all 50 states, Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. True to the program's quick-action nature, projects must be completed by November 30, 2022.
This year, AARP is bolstering its investment of affordable and adaptable housing solutions in response to the national housing crisis. With additional funding support from Toyota Motor North America, the program is also increasing its support of projects that improve mobility innovation and transportation options.
The grant program is part of AARP's nationwide Livable Communities initiative, which supports the efforts of cities, towns, neighborhoods and rural areas to become great places to live for people of all ages. Since 2017, AARP New York has awarded 21 grants and $286,224 through the program to nonprofit organizations and government entities across the state.
View the full list of grantees and their project descriptions at aarp.org/communitychallenge and learn more about AARP's livable communities work at aarp.org/livable.
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SOURCE AARP New York
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https://www.mysuncoast.com/prnewswire/2022/06/30/aarp-awards-grants-six-new-york-organizations-part-its-nationwide-program-make-communities-more-livable/
| 2022-06-30T14:32:53Z
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HANGZHOU, China, April 22, 2022 /PRNewswire/ -- Lynk Pharmaceuticals Co., Ltd. (hereinafter referred to as 'Lynk Pharmaceuticals'), an innovative clinical stage company, announced that its Class I innovative drug LNK01004, has been approved by National Medical Products Administration (NMPA) for clinical trials for the treatment of psoriasis.
LNK01004 is a novel kinase inhibitor that can simultaneously inhibit multiple inflammatory cytokines and block multiple signaling pathways related to psoriasis, and thus potentially offer maximal efficacy. In preclinical studies, LNK01004 showed a skin-restricted drug exposure. The drug is mainly distributed in the site of action– the skin tissues, with very low systemic drug exposure, thus, avoiding potential safety concerns due to immune suppression resulted from systemic drug exposure. LNK01004 demonstrated good efficacy and safety in animal disease models.
Dr. Zhao-Kui (ZK) Wan, founder and CEO of Lynk Pharmaceuticals, said, "LNK01004 is the fourth novel drug candidate developed and approved for clinical studies by the company to date, and can be used for the treatment of psoriasis with dermal administration. According to statistics, there are 156 million patients worldwide and 6 million patients in China. Patients often require long-term treatment, which in turn places high demands on the efficacy and safety of the drug. There are high unmet medical needs for psoriasis patients. LNK01004 demonstrated good efficacy and safety in preclinical studies and is expected to provide psoriasis patients with a new safe and effective drug option."
About Lynk Pharmaceuticals:
Lynk Pharmaceuticals, a clinical stage company, was founded in 2018 by senior drug R&D experts and executives from Pfizer, Merck and Johnson & Johnson. Lynk Pharmaceuticals is dedicated to the discovery and development of innovative drugs for the treatment of cancer, as well as immune and inflammatory diseases. Driven by a higher goal, Lynk Pharmaceuticals aims to be a market leader to address unmet medical demands by the development of innovative therapies. To date, Lynk Pharmaceuticals has independently developed a number of Class I clinical innovative new drugs, and independently as well as jointly with its US partner launched a number of clinical studies globally. For more information about Lynk Pharmaceuticals, please visit: https://www.lynkpharma.com.
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SOURCE Lynk Pharmaceuticals
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https://www.wibw.com/prnewswire/2022/04/22/lynk-pharmaceuticals-announces-clinical-approval-china-its-class-i-new-drug-lnk01004/
| 2022-04-22T13:19:45Z
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(NewsNation) — As workers are returning to the office and job-related stresses are creeping back, there is a shift to the well-being of employees coming to the forefront in the American workplace.
We’ve seen record-breaking resignations across the country, and now rest and recovery is a discussion being had among employees and their employers.
According to a report from Destination Analysts, more than two-thirds of American workers feel at least moderately burned out.
Economist and futurist Rebecca Ryan discussed avoiding worker burnout and how employees are not taking enough vacations during an appearance on “Morning in America”.
“I feel like the ‘check engine’ light is on for American workers because of two years of living under these stressful conditions,” she said. “So what we’re seeing is this drastic shift from sort of a workaholic environment to one that is shifting to a well-being focus at work.”
Ryan said employees are strapped with added responsibilities as many of their colleagues participated in the “Great Resignation.”
“We’re seeing it in employers, public sector employers, private sector employers, as people are leaving,” she said. “A lot of those people who are leaving are doing it to sort of claw back their mental and physical health, but it is leaving those behind to do a little bit more work.”
There’s a work and rest balance and every person is different, according to Ryan.
“Data going back to the 1940s, and 1930, show that American workers can work about 40 hours, and after that our margin of productivity goes down,” she said. “So we make worse decisions. We’re not as productive. We do need time off.”
And the levels of burnout that we’re now seeing can have long-term effects, Ryan said.
“We know that this impacts cardiovascular health, it impacts psychological health, including depression and drug use,” she said. “If burnout goes on for too long, it obviously impacts us at work as well.”
Ryan said employers have a role in their employees’ well-being, but it takes effort from all sides.
“Take your vacation, take care of yourself, get yourself some rest and renewal even if it’s a staycation,” she said.
One thing Ryan said that employers can do is make it really clear that they value employees taking time off.
“So bosses, for example, stop sending emails at midnight,” she said. “Set good mental health hygiene at work, where there are clear starts and stops and take your own vacation as well.”
Watch the full interview with Rebecca Ryan in the video player at the top of the page.
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https://cw33.com/news/great-resignation-highlights-employee-well-being/
| 2022-06-02T20:24:14Z
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Branch led by industry veteran Michael Bergin affiliating with Cetera Advisors community
Latest affiliation follows two significant recruiting wins in June 2022
LOS ANGELES, July 7, 2022 /PRNewswire/ -- Cetera Financial Group, one of America's largest networks of financial professionals, announced today that a branch office that oversees $250 million has affiliated with the Cetera Advisors, LLC (Cetera Advisors) community. The practice, led by industry veteran Michael "Mike" Bergin, joins Cetera Advisors from National Securities and is based in Eatontown, NJ. Bergin's affiliation represents the latest recruiting win for Cetera, which recently announced that the $1 billion Harvest Wealth team joined Cetera from Merrill Lynch and that Cetera attracted two practices that manage more than $600 million combined.
Bergin began his financial services career in 1985. He has successfully developed and operated multiple branch offices and multi-office regions for several national brokerage firms before transitioning to an independent broker dealer model. A hands-on branch owner, his practice empowers financial professionals to serve their clients and run their businesses more efficiently and effectively. His team of seasoned industry veterans serves thousands of clients, providing a full spectrum of investment solutions and portfolio strategies.
"We are extremely excited to affiliate with the Cetera Advisors community and look forward to a prosperous and collaborative future together," Bergin said. "Cetera's reputation as a leading independent broker dealer was a significant draw, and the platform will empower us to elevate our practice to the next level through state-of-the art tools, resources and technology. I am proud to call Cetera Advisors home for our clients and our financial professionals."
"Mike and his team share our client-first values and mindset, and we appreciate the opportunity to serve clients together," said Brett Harrison, CEO of Cetera Advisors. "Our resources and support will empower sustainable and meaningful growth for Mike and his team as they help more clients pursue their version of financial wellbeing. We welcome Mike to the Cetera Advisors community and anticipate many shared successes to come."
"Mike's team is a great fit for the Cetera Advisors community, and we are confident that the practice will thrive for many years," said John Pierce, head of business development at Cetera. "Our onboarding and integration team was nimble in the process and executed a smooth and swift affiliation. Transitions are never frictionless and the investments we have made in our onboarding and integration team underscore our commitment to financial professionals joining a Cetera community."
For more information about Cetera Advisors, visit https://www.cetera.com/cetera_at_a_glance/cetera-advisors.
Cetera Financial Group (Cetera) is a leading financial services firm whose purpose is to enable the delivery of best-in-class financial advice to as many Americans as possible. Cetera empowers its financial professional communities to help clients achieve their version of financial wellbeing through the Advice-Centric Experience®. Cetera proudly serves independent financial professionals, tax professionals, banks and credit unions in providing wide-ranging financial planning and wealth management services.
Cetera oversees approximately $353 billion in assets under administration and $122 billion in assets under management, as of December 31, 2021.
Visit www.cetera.com, and follow Cetera on LinkedIn, Twitter and Facebook.
"Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), Cetera Financial Specialists LLC, and First Allied Securities, Inc. All firms are members FINRA/SIPC. Located at: 655 W. Broadway, 11th Floor, San Diego, CA 92101.
Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services.
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SOURCE Cetera Financial Group
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https://www.kxii.com/prnewswire/2022/07/07/250-million-practice-joins-cetera/
| 2022-07-07T16:53:11Z
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NEW ORLEANS, La., April 8, 2022 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until May 6, 2022 to file lead plaintiff applications in securities class action lawsuits against Rivian Automotive, Inc. (NasdaqGS: RIVN), if they purchased or otherwise acquired the Company's shares between November 10, 2021 and March 10, 2022, inclusive (the "Class Period") and/or pursuant or traceable to its November 2021 initial public stock offering (the "IPO"). These actions are pending in the United States District Court for the Central District of California.
Get Help
Rivian investors should visit us at https://claimsfiler.com/cases/nasdaq-rivn/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuits
Rivian and certain of its executives are charged with failing to disclose material information during the Class Period and/or in the Registration Statement and Prospectus issued in conjunction with the initial public offering, violating federal securities laws.
The alleged false and misleading statements and omissions include, but are not limited to, that the Company's R1T electric pickup truck and R1S electric SUV products were underpriced to such a degree that the Company would have to raise prices shortly after the IPO, which could tarnish its reputation as a trustworthy and transparent company and potentially jeopardize sales for the existing backlog of 55,400 preorders as well as future preorders. As a result, the price of the Company's shares was artificially and materially inflated at the time of the Offering and declined when the truth was subsequently revealed.
The first-filed case is Crews, Jr. v. Rivian Automotive Inc., et al., No. 22-cv- 1524.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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SOURCE ClaimsFiler
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https://www.mysuncoast.com/prnewswire/2022/04/09/rivian-shareholder-alert-claimsfiler-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuits-against-rivian-automotive-inc-rivn/
| 2022-04-09T06:39:21Z
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Executive Brings Multi-National Experience to Elevate Jamul Casino's Profile
JAMUL, Calif., Aug. 29, 2022 /PRNewswire/ -- Jamul Casino has recruited Scott Lake to its team as its new Chief Marketing Officer. He brings more than 25 years of experience in senior marketing management roles with world-class hotel and casino properties around the globe. Scott will be at the helm of Jamul Casino's very robust marketing program, which has helped propel the Casino to becoming San Diego's top choice for gaming, food, and fun.
President and General Manager of Jamul Casino, Mary Cheeks, says, "Scott has the leadership experience, innovative thinking, and analytical skills we need to continue building momentum in our region. I'm excited to see what ideas Scott has to amp up our marketing efforts."
Scott Lake's background includes eight (8) years with Sands China Ltd., most recently serving as Senior Vice President of Loyalty Marketing & Strategic Analysis. He led five key properties in Macao, SAR (also known as "The Las Vegas of Asia"), including the The Venetian Macao, The Londoner Macao, The Parisian Macao, The Plaza and Four Seasons Hotel Macao, and Sands Macao. He was responsible for executing the casino marketing calendar and events, attracting a combined total of 98.2 million annual visitors and comprising 11,000+ hotel rooms, 150+ restaurants, and 850+ duty-free retail shops across four malls. He also worked for Caesars Entertainment, Inc. for 13 years, including positions as Director for VIP Marketing and Director for National Casino Marketing. Scott also has a keen grasp on technology, working recently as the Managing Consultant for KOGNITIV, with an expertise in loyalty marking for leading brands in retail, hospitality, and financial services. Scott earned his MBA and BS in Hotel Administration from the University of Nevada, Las Vegas. He is also a Certified Digital Marketing Professional (Digital Marketing Institute) and a Professional Certified Marketer in Digital Marketing (American Marketing Association).
Scott states, "I was drawn to Jamul Casino because of the outstanding leadership of both the Jamul Indian Village Tribe and the casino management. I'm impressed with the way this team has been able to build this property and its brand from the ground-up to become a regional leader in less than six years. I hope to help the next six years be just as extraordinary."
Opened in 2016, the Jamul Casino is located in Jamul, California, San Diego County, and is owned and operated by Jamul Indian Village Development Corporation (JIVDC), a wholly owned enterprise of the Tribe. The $430 million, award-winning casino features nearly 1,700 slot machines, 46 live table games, a dedicated poker room, and various restaurants, bars and lounges. Jamul Casino supports more than 1,000 permanent jobs in the region and is the closest casino to downtown San Diego, which is the eighth-largest city in the United States by population. For more information about Jamul Casino, please visit www.jamulcasinosd.com.
###
Media Contact: Beth Binger
BCIpr
619-987-6658
beth.binger@BCIpr.com
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https://www.wibw.com/prnewswire/2022/08/29/regions-leading-gaming-destination-jamul-casino-recruits-scott-lake-new-chief-marketing-officer/
| 2022-08-29T16:51:34Z
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Year-Over-Year Decline Fueled by Continued Enhancements to Overdraft Program, Including No-Overdraft Fee SafeBalance® Account and the Elimination of Non-Sufficient Funds Fees
CHARLOTTE, N.C., Aug. 17, 2022 /PRNewswire/ -- Bank of America today announced that in June and July fees related to overdraft services for its more than 35 million Consumer checking accounts declined 90% compared to the same period in the prior year. June and July were the first two months after sweeping changes related to these services were implemented.
Earlier this year, the bank announced industry leading changes that included the elimination of non-sufficient funds (NSF) fees and the reduction of overdraft fees from $35 to $10. Clients can also avoid overdraft fees altogether by choosing a SafeBalance checking account, which now represents approximately 45% of new checking account openings. Consumer client overdraft fees made up less than 0.4% of the company's total revenue in the second quarter of 2022.
"For more than a decade, Bank of America has invested heavily in supporting our clients' financial health through industry-leading solutions and ongoing enhancements to our overdraft services," said Holly O'Neill, President of Retail Banking, Bank of America. "Our scale, client focus and technology investments have allowed us to adopt policies and innovate in ways that help clients manage their everyday finances and liquidity needs on their own terms, while also delivering for our shareholders."
By next year, new solutions and enhanced programs introduced over the last decade will reduce consumer overdraft fees by 97% from 2009 levels.
Progress toward reducing overdraft fees
Since 2010, Bank of America has taken many steps to empower its consumer clients to bank with greater confidence and reduce overdraft usage. The company leads the industry in helping clients avoid overdrafts and, in doing so, has significantly reduced the vast majority of fees related to overdraft. Key milestones along this journey have included:
- 2010 – Eliminated overdraft fees for consumer clients when using debit cards at the point of sale
- 2011 – Introduced courtesy low balance alerts
- 2014 – Launched the SafeBalance "no overdraft fee" account
- 2017 – Eliminated the extended overdrawn balance charge
- 2020 – Created Balance Assist, a low-cost solution to manage short-term liquidity needs
- 2021 – Launched Balance Connect , our enhanced overdraft protection service, which lets clients link to up to five accounts to avoid overdrafts
- Feb 2022 – Eliminated non-sufficient funds fees on consumer deposit accounts
- Feb 2022 – Removed ability for clients to overdraw their accounts at the ATM
- May 2022 – Reduced consumer overdraft fees from $35 to $10
- May 2022 – Eliminated Balance Connect for overdraft protection transfer fee (formerly $12)
Essential Solutions
In addition to the changes to overdraft related fees, Bank of America's suite of Essential Solutions offers a powerful combination of transparent, low and no cost, easy-to-use offerings that help clients budget, save, spend and borrow carefully and confidently. The full array of solutions includes:
- SafeBalance® – With SafeBalance, there are no overdraft fees, and the monthly maintenance fee is waived for eligible students under the age of 25 as well as for clients enrolled in our Preferred Rewards program with qualifying balances.
- Balance Assist – Balance Assist provides an affordable way for clients to manage their short-term liquidity needs, borrowing only the amount they need, up to $500 (in increments of $100) for a $5 flat fee regardless of the amount borrowed. Repayments are made in three equal monthly installments over a 90-day period. To learn more, review these additional product details and eligibility criteria. Borrowers must have been a Bank of America checking account client for at least one year. More than 400,000 Balance Assist loans have been completed since the start of the program.
- Balance Connect – Balance Connect allows our clients overdraft protection through the ability to link up to five accounts to their checking, while increasing simplicity and accessibility through digital sign-up and management.
- Secured Credit Cards – The Customized Cash Rewards, Unlimited Cash Rewards and BankAmericard® Secured Cards can help clients establish, strengthen or rebuild credit, and they can apply for an account with a security deposit starting as low as $200. With responsible credit behavior, over time, this could help clients improve their credit score.
- Affordable Home Loans – In early 2019, Bank of America launched its now expanded $15 billion Community Homeownership Commitment, which has already helped 36,000 low- and moderate-income homebuyers achieve homeownership through low down payment loans and down payment and closing cost grants. By 2025, Bank of America anticipates helping more than 60,000 individuals and families to purchase homes through the program.
- Keep the Change® – This tool helps clients build savings by automatically depositing spare change from rounded up debit card transactions into a savings account. Over the last 15 years, this program has helped clients direct more than $15 billion in excess change to client savings.
- Better Money Habits® – A free financial education platform that provides a simple, accessible way to connect people to the tools, resources and education they need to take control of their finances.
Recognized Leadership
Last year, Bank of America was recognized with more than 280 industry awards for its innovation, financial technology, and delivering exceptional client services and solutions.
Forward-Looking Statements
Certain statements contained in this news release may constitute "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements represent the current expectations, plans or forecasts of Bank of America based on available information. Forward-looking statements can be identified by the fact that they do not relate strictly to historical or current facts. These statements often use words like "expects," "anticipates," "believes," "estimates," "targets," "intends," "plans," "predict," "goal" and other similar expressions or future or conditional verbs such as "will," "may," "might," "should," "would" and "could." Forward-looking statements speak only as of the date they are made, and Bank of America undertakes no obligation to update any forward-looking statement to reflect the impact of circumstances or events that arise after the date the forward-looking statement was made.
Forward-looking statements represent Bank of America's current expectations, plans or forecasts of its future results, revenues, expenses, efficiency ratio, capital measures, and future business and economic conditions more generally, and other future matters. These statements are not guarantees of its future results or performance and involve certain known and unknown risks, uncertainties and assumptions that are difficult to predict and are often beyond Bank of America's control. Actual outcomes and results may differ materially from those expressed in, or implied by, any forward-looking statements. You should not place undue reliance on any forward-looking statement and should consider all of the uncertainties and risks discussed under Item 1A. "Risk Factors" of Bank of America's Annual Report on Form 10-K for the year ended December 31, 2020, and in any of Bank of America's other subsequent Securities and Exchange Commission filings.
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,000 retail financial centers, approximately 16,000 ATMs and award-winning digital banking with approximately 55 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements and other important information, register for email news alerts.
Reporters May Contact:
Don Vecchiarello, Bank of America
Phone: 1.980.387.4899
don.vecchiarello@bofa.com
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https://www.wibw.com/prnewswire/2022/08/17/bank-america-consumer-overdraft-fees-drop-90-june-july-following-industry-leading-changes/
| 2022-08-17T18:12:15Z
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BELTON — The University of Mary Hardin-Baylor’s bachelor’s degree program in engineering has been accredited by the Engineering Accreditation Commission of ABET, the school announced.
UMHB’s engineering program receives ABET accreditation
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| 2022-09-07T00:26:21Z
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MOMBASA, Kenya (AP) — Africa’s nations must develop strategies to address climate change which poses an existential threat to the continent’s megacities, Gabon’s President Ali Bongo Adimba said at the third Africa Climate Week conference.
African officials and experts should sharpen the positions they will present at the 27th annual United Nations climate conference to be held in Egypt in November, said Bongo.
The third African climate meeting is bringing together more than 1,000 government officials and stakeholders in Gabon’s capital Libreville. They are working to form strong African regional climate responses.
“Climate change is a profound challenge in Africa and a great challenge of our time, amplifying existing social, political and economic inequalities,” Patricia Scotland, Secretary-General of the Commonwealth group of former British colonies, said to the meeting.
The African climate week comes as the continent reels by several extreme weather events such as drought in East Africa and the Horn of Africa, sandstorms and extreme heat in West Africa’s Sahel region, and destructive flash floods, storm surges including cyclones in central, western and southern Africa.
Egypt’s Foreign Minister Sameh Shoukry, who will host the upcoming U.N. conference, lamented that promises made to African countries to help them fight climate change have not been fulfilled.
“The international community is lagging behind in mitigation, adaptation and finance. Several pledges on mitigation and adaptation finance celebrated in Glasgow are yet to be delivered,” said Shoukry.
He said the “backtracking on commitments by many developed countries is a matter of concern” for many African countries. “The delayed delivery of climate finance continues to affect Africa’s efforts to contribute to the global effort against climate change,” he said.
The African climate week conference will discuss other critical concerns of the continent including food security, carbon markets, climate migrants, and coastal resilience. Climate early warning systems, integrated water management to address scarcity and international cooperation to boost climate action are also issues to be examined.
___
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.
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https://cw33.com/news/international/ap-international/ap-africa-urged-to-propose-action-on-climate-at-conference/
| 2022-09-01T03:46:54Z
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FORNEBU, Norway, July 20, 2022 /PRNewswire/ -- Aker BP reports operating profit of USD 1,128 million and net profit of USD 188 million in the second quarter 2022. The acquisition of Lundin Energy's oil and gas activities was completed on 30 June.
Highlights
- Acquisition of Lundin Energy's oil and gas activities completed
- Launching a decarbonisation plan to be net zero across all operations by 2030
- On track to submit Plans for Development and Operations (PDOs) for around 900 mmboe (net) by the end of the year, with concepts selected for all projects
- Agreement signed with Equinor to assume operatorship of Krafla following PDO submission
- Strong free cash flow of USD 803 million*, net interest-bearing debt of USD 3.8 billion, and cash consideration for the Lundin transaction paid without adding new debt
- Credit rating upgrades from Standard & Poor's, Moody's, and Fitch Ratings
- Quarterly dividend increased by 11 percent to USD 0.525 per share
* Adjusted for consideration paid in the Lundin transaction
Financial summary
The Lundin transaction was completed on 30 June 2022. The transaction and the acquired business have been consolidated in the statement of financial position on a fair value basis per 30 June 2022, and will be included in the income statement as from 1 July 2022.
Comment from Karl Johnny Hersvik, CEO of Aker BP:
"I'm pleased to report that the Lundin transaction has been completed during the quarter, creating the E&P company of the future. The combined company has a more diversified and robust portfolio, with industry-leading low cost and low carbon emissions assets, and is positioned to deliver profitable growth into the next decade."
"Today we are launching a decarbonisation plan to be net zero across all operations by 2030, which fortifies our position as the leading E&P company, also with respect to our environmental footprint. We remain committed to reducing gross emissions across our operations and we have a clear pathway to reduce absolute emissions to close to zero by 2050."
"Financially, Aker BP is very robust. High oil and gas prices have contributed to strong cash flow, allowing us to complete the Lundin transaction without adding new debt while our credit ratings have been upgraded. Consequently, we are now able to further increase the dividend level."
"We continue to focus on the things we can influence and improve today. In the second quarter we produced 181.3 thousand barrels of oil equivalent per day, impacted by planned maintenance programmes. For the second half of 2022, we expect to more than double our production as we integrate the Lundin assets."
"I'm also pleased to report strong progress on Aker BP's growth agenda. All the planned PDO projects have now passed the concept select milestone and remain on schedule for PDO submission by the end of the year."
"In conclusion, we remain committed to our mission to maximize value creation for our shareholders, and we have never been in a better position to do so."
Conference call and webcast
The company will host a conference call to present its second quarter 2022 results today, 20 July 2022, at 08:30 CEST. The conference call will be available as a webcast on www.akerbp.com. To participate in the conference call, please use the dial-in numbers and passcode below.
Attachments
- Aker BP Second quarter 2022 report
- Aker BP Second quarter 2022 presentation
- Aker BP Strategy update 20 July 2022 (also included in the Second quarter 2022 presentation)
CONTACT:
Investor contacts:
Kjetil Bakken, VP Investor Relations, tel.: +47 91 889 889
Jørgen Torstensen, IR Officer, tel.: +47 95 48 37 07
Media contact:
Tore Langballe, VP Communications, tel.: +47 907 77 841
This information was brought to you by Cision http://news.cision.com
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https://www.wibw.com/prnewswire/2022/07/20/aker-bp-asa-second-quarter-2022-results/
| 2022-07-20T06:22:51Z
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CLEVELAND, May 27, 2022 /PRNewswire/ -- Today, Cleveland, OH headquartered, Real Time Intel (RTI) announces that David Zingery has been appointed chief strategy officer, a newly created role, effective May 25th, 2022. As chief strategy officer, Zingery will become a member of RTI's executive committee and lead the advancement and execution of the company's growth and strategy.
Zingery will work closely with the company's CEO to oversee global sales, marketing, and growth, creating and implementing strategies that position RTI for continued expansion.
"Our company's strength lies in the prescriptive analytics created by our platform (eP360™), the insights and expertise of our team, and most importantly, our unrelenting customer obsession," said Dave Horvat, CEO of RTI. David's knowledge, experience in strategic growth, product innovation, and customer impact will drive our company's evolution, and I look forward to collaborating with him in this critical role."
"I am honored to accept this new position and look forward to working closely with Dave and the executive committee to advance our company's strategy and amplify the value of our asset management, traceability, and supply chain visibility offering," Zingery said. "I am inspired by RTI's legacy of innovation and its prioritization of the customer experience, not the price. As we continue to provide secure and accurate IoT solutions to supply chain 'problems,' I am humbled to have the opportunity to help sustain these values."
"His proven ability to guide customers through the complexities of digital transformation across numerous landscapes and his first-hand experience developing high-growth, startup technology organizations will be highly valued. We are embarking on a series of significant investment and growth over the next 8-12 months, and Zingery will be leading that charge," stated Dave Horvat.
Zingery has spent the past two years directly consulting for startup software and technology organizations in a fractional CSO, CTO, and CMO capacity. Previously, the head of client strategy, multinational accounts at Surgere, he focused on aligning the priorities of large, global clientele to an intentionally designed value path and customer success strategy. During his nine years at Surgere, Zingery was foundational to their growth and served in multiple capacities, ranging from the head of marketing to global growth and strategy.
"There isn't a better traceability and insights platform on the market. RTI has been steady in its mission to provide real-time supply chain visibility insights. With over 250 million reusable packaging assets moving through eP360, the insights, operational optionality, and value they provide to the commercial flooring, automotive, food & beverage, and baking industries alone is unparalleled. My new role aligns perfectly with my passions, and I couldn't be prouder to embark on this journey with such an authentic team of people who truly strive to make a difference for their customers day in and day out." Said Zingery.
Residing in Canton, Ohio, David constantly seeks adventure on new golf courses, ski slopes, and bike trails. In addition, he loves spending time with his wife and five sons.
About Real Time Intel:
As the leading provider of real-time visibility and intelligence (IoT technologies/SaaS) solutions, RTI is uniquely focused on providing traceability data and insights around assets (finished goods, tooling, materials, parts, etc.) and reusable packaging moving through complex manufacturing and supply chain environments.
RTI's platform, eP360™, provides:
- Strategic planning and communication modules to develop redundancy scenarios and performance-to-plan metrics.
- A global enterprise platform designed for asset management. Keeping ecosystem relationships accountable for their part of the "plan."
- Operational optionality through actionable insights and prescriptive analytics -allowing companies to focus on impact while saving significant time and money.
Learn more at www.rtintel.com or contact info@rtintel.com.
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SOURCE Real Time Intel
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https://www.mysuncoast.com/prnewswire/2022/05/27/supply-chain-visibility-leader-real-time-intel-names-new-chief-strategy-officer/
| 2022-05-27T12:07:09Z
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ANKARA, Turkey (AP) — Turkish authorities have detained five Iranians suspected of planning attacks on Israelis ahead of Thursday’s visit to Turkey by Israeli Foreign Minister Yair Lapid, Turkish media reports said.
Lapid arrived in Turkey on Thursday for talks with Turkish counterpart Mevlut Cavusoglu as the two countries press ahead with efforts to repair ties that have been strained over Turkey’s strong support for the Palestinians.
They were also expected to discuss a recent warning issued by Israel calling on its citizens to avoid travel to Turkey and urging Israelis in Turkey to leave immediately. The warning said Israeli citizens could be targets of Iranian attacks.
The warning angered Turkey, whose economy depends on tourism to a large extent. Ankara responded by issuing a statement that said Turkey was a safe country.
Israeli Prime Minister Naftali Bennett has since said that a joint operation with Turkey succeeded in thwarting several attacks and resulted in the arrest of several suspected operatives on Turkish soil in recent days.
Hurriyet newspaper reported on Thursday that Turkish authorities detained five Iranian nationals on Wednesday suspected of involvement in an alleged plot to assassinate Israeli citizens in Istanbul. Police seized two pistols and two silencers in searches conducted in houses and hotels where the suspects were staying, according to the report.
Lapid’s visit comes amid political turmoil in Israel, where Bennett’s fragile, year-old government decided this week to dissolve parliament, triggering new elections which are set to take place in the fall. Under the agreement that forged Bennett’s coalition government, Lapid is expected in the coming days to become caretaker prime minister until a new government is cobbled together after the elections.
The developments deepen a political crisis in Israel, which has held four elections since 2019, each largely a referendum over former Prime Minister Benjamin Netanyahu’s rule. Netanyahu hopes to return to power in the upcoming vote, but polls show that as in previous rounds it will unlikely produce a clear winner.
Turkey, beset by economic troubles, has been trying to end its international isolation by normalizing ties with several countries in the Mideast, including Egypt, the United Arab Emirates and Saudi Arabia.
Turkey and Israel were once close allies, but relations grew tense under Erdogan, who is a vocal critic of Israel’s policies toward the Palestinians. Turkey’s embrace of the Islamic militant group Hamas, has angered Israel.
The countries withdrew their ambassadors in 2010 after Israeli forces stormed a humanitarian flotilla bound for Gaza, which has been under an Israeli-Egyptian blockade since Hamas seized power there in 2007.
Nine Turkish activists were killed. Israel apologized to Turkey for the deaths under a U.S.-brokered agreement, but reconciliation efforts stalled.
Turkey recalled its ambassador in 2018 after the United States recognized Jerusalem as Israel’s capital, prompting Israel to respond in kind. The two countries have not reappointed their ambassadors.
The latest rapprochement has been led by Israel’s mostly ceremonial president, Isaac Herzog, who has held several telephone calls with Turkish President Recep Tayyip Erdogan and visited Turkey in March, becoming the first Israeli leader to do so in 14 years. Cavusoglu visited Israel last month. It was first official visit to Israel by a Turkish official in 15 years.
__
Tia Goldenberg in Tel Aviv, Israel, contributed to this report.
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https://cw33.com/news/international/ap-international/reports-turkey-thwarts-attack-ahead-of-visit-by-israeli-fm/
| 2022-06-23T15:03:02Z
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Trump election probe grand jury to hear from Raffensperger
By KATE BRUMBACK
Associated Press
ATLANTA (AP) — Georgia’s secretary of state is expected to appear next week before a special grand jury in an investigation into whether former President Donald Trump and others illegally tried to meddle in the 2020 election in the state. A subpoena obtained by The Associated Press says Secretary of State Brad Raffensperger is scheduled to appear before the special grand jury Thursday. Five other people in his office have also received subpoenas to appear in early June and the office has received a subpoena for documents. Trump directed his ire at Raffensperger, a fellow Republican, after the secretary of state refused to bend to pressure to overturn Democrat Joe Biden’s narrow presidential election victory in Georgia.
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https://localnews8.com/news/2022/05/27/trump-election-probe-grand-jury-to-hear-from-raffensperger/
| 2022-05-27T20:19:23Z
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ALAMEDA, Calif. , July 1, 2022 /PRNewswire/ -- Dozens of current and former Tesla, Inc. employees filed a lawsuit in Alameda Superior Court today alleging the electric car giant operates under a "pre-Civil Rights" atmosphere of racial discrimination as a standard operating practice.
This mass action alleges the plaintiffs were subjected to racially motivated harassment and intimidation in Tesla factories which were transformed into racially hostile work environments. The lawsuit names tech giant Tesla, as well as managers and supervisors who allegedly perpetuated constant racism and discrimination at Tesla.
"It's hard to imagine a workplace culture that these hard-working people had to endure day after day, having to live through racist comments and abusive behavior," said attorney Mike Arias. "Hearing story after story of employees being subjected to this level of disgusting and threatening behavior and language is still almost unbelievable."
"The stories we're hearing from Tesla's employees, one after another, are mind-blowing," said Arias. "To know that in 2022, people are going into work and being called racial slurs, seeing nooses hanging, and not getting the same opportunities as many of their counterparts because they are minorities is unacceptable."
The alleged racial abuse and harassment includes African American and Hispanic employees being subjected to offensive racist comments and behavior by colleagues, managers, supervisors, and even HR employees on a regular basis.
The complaint includes allegations of offensive and derogatory behavior and language that people of color were forced to endure while working for Tesla. These allegations include:
- Racist graffiti on restroom walls, stalls, lockers, benches, workstations and more littered with "KKK", the "n-word", and swastikas.
- African American employees were called "darkies" or "blackies" instead of being called by their names.
- Employees named in the complaint were not trained, promoted, or given raises despite years of work and excellent reviews.
- Employees of color were told they must work hard because they are minorities.
- Physical attacks by co-workers with zero action taken by management to address to stop the assault.
- Racial and sexual harassment by supervisors or in front of supervisors who did nothing to curb or address the behavior.
- Targeting for termination by supervisors and HR based solely on race.
"These employees simply wanted to put in an honest day's work for an honest day's pay, and instead they were treated horribly by co-workers, supervisors, and even HR representatives," said attorney Sahar Malek. "This can't go ignored."
The case is Jasmin Wilson et. al. v Tesla, Alameda Superior Court, Case No. 22CV013603. To read the complaint, click here.
ASWT is a Trial Law Firm with offices in Los Angeles, the Bay Area, Las Vegas and Montreal. The firm specializes in complex litigation in state and federal courts throughout the United States. We represent plaintiffs in employment, sexual assault and harassment, wrongful death, serious personal injury, elder abuse, civil rights, and mass and class actions on behalf of consumers and employees. To learn more about us, go to: https://aswtlawyers.com/.
Contact: Joe Marchelewski, jmarchelewski@gmail.com
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SOURCE Arias Sanguinetti Wang & Torrijos
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https://www.mysuncoast.com/prnewswire/2022/07/01/tesla-employees-file-lawsuit-alleging-racial-discrimination-racial-harassment-retaliation-wrongful-termination/
| 2022-07-02T00:00:52Z
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Strong Revenue Momentum with Solid Growth and Global Expansion, Continue Leading the Wellness Ecosystem
HONG KONG, Aug. 19, 2022 /PRNewswire/ -- Sisram Medical Ltd (the "Company" or "Sisram", stock code: 1696.HK; together with its subsidiaries collectively referred to as the "Group"), a global consumer wellness group, featuring a first-of-its-kind synergistic ecosystem of business building blocks and consumer-focused branding, ranging from Energy Based Devices, injectables, aesthetics and digital dentistry, personal care and more, today announced its unaudited consolidated interim results for the six months ended June 30, 2022 (the "Reporting Period"). Sisram will host a corresponding conference call at 8:30 p.m. PT / 8:30 a.m. ET on August 22, 2022 (Monday) to discuss the interim results and provide a business update, registration shown as below.
- Revenue was US$174.5 million, representing an increase of 39.3% compared to the six months ended June 30, 2021.
- Profit for the period attributable to owners of the parent company was US$20.6 million, an increase of 25.9% compared to the six months ended June 30, 2021.
- Revenue derived from direct sales for the period represented 64.8% of total revenues, compared to 59.7% for the corresponding period in 2021.
- The Company saw significant growth in all regions, mainly in North America and APAC. North America's revenue accounted for US$69.9 million during the Reporting Period, representing an increase of 42.2% from US$49.1 million for the corresponding period in 2021. Revenue generated from APAC increased by 42.0% to US$47.9 million in the Reporting Period from US$33.7 million for the corresponding period in 2021.
- Consistent investment on R&D, successful introduction of three new products: "Alma TED™," "CBD+ Professional Skincare Solution™" and "LMNT one™".
- Diversified and enriched injectable business lines: Sisram has invested in a company focused on research and development of silk fibroin-sodium hyaluronate composite gels and facial implant thread products. An innovative regenerative material new to the injectable market, silk fibroin and its derivatives are expected to enrich Sisram's comprehensive portfolio and solution offerings for the wellness ecosystem.
- Expansion of aesthetics and digital dentistry business lines: An investment in innovative bio-glass materials, combined with high-end technologies, is enhancing Sisram's product portfolios with computer-aided aesthetic design, restorative products, and non-invasive veneers.
- Established a new direct office in the United Kingdom to support the rapid growth in demand for Sisram products and services on the European continent.
- Enhanced brand awareness and improved customer stickiness: We discussed industry developments and trends with hundreds of physicians, academics, and business partners worldwide at Global Alma Academy Events. Meanwhile, the Company continuously improves the global customer experience, reaches potential customers from multiple channels, achieves a considerable conversion rate, and explores cross-selling opportunities in the wellness ecosystem.
In the first half of 2022, Sisram recorded revenue of US$174.5 million, representing an increase of 39.3% compared to the corresponding period in 2021. The increase is primarily attributable to Sisram's continued expansion of its existing distribution network, the successful introduction of new products, and new B2C activity.
Profit for the period attributable to owners of the parent company was US$20.6 million, increased by 25.9% as compared to the corresponding period in 2021. During the first half of 2022, the Group's gross profit was US$99.6 million compared to US$71.5 million for the corresponding period in 2021, representing an increase of 39.4%, driven by the Company's continued expansion of direct sales and launches of high-profit products into leading markets. During the period, revenue derived from direct sales amounted to 64.8% of total revenues versus 35.2% of the total revenues attributed to sales via distributors.
During the Reporting Period, the Group recorded profit before tax of US$23.1 million and recorded profit for the period of US$20.5 million, representing an increase of 14.6% and 18.2%, respectively, when compared to the corresponding period in 2021. The increase in profit before tax and profit for the period was mainly due to the increase in sales volume and the increase in gross profit.
During the Reporting Period, the Group recorded an adjusted net profit of US$24.9 million, representing an increase of 27.5% when compared with the corresponding period of 2021.
As a multinational entity, Sisram makes significant efforts to adjust operations in its headquarters to local country/state characteristics, while simultaneously building an ecosystem brand experience. During the Reporting Period, revenue in all regions increased substantially, with North America demonstrating an increase of 42.2%, APAC with an increase of 42.0%, Middle East and Africa with an increase of 40.5%, Latin America with an increase of 38.2% and Europe with an increase of 28.9%.
Regarding diversified ecological product portfolio, Sisram will continue introducing innovative technologies and products through on-going R&D investment. With the expansion of direct sales, we can also effectively collect customer feedback to close the loop with R&D and meet the needs from different regions. Eventually enhance the impact of our global brand family.
In the second half of 2022, Sisram intends to follow its constructive disruption strategy by evaluating and implementing near-future technologies, ventures, and synergies to bolster its global position. The Group's efforts throughout 2022 will strategically focus on lean innovation, digitalization, and wellness ecosystem building.
Upholding its corporate vision of "Enhancing Quality of Life," Sisram will continue to establish its global positioning as a one-of-a-kind business group in the greater wellness industry by enhancing global direct operations and exploring untapped direct opportunities in North America, APAC, Europe, and the Middle East. In addition, the Company will expand Energy-Based Device product offerings into greater wellness areas with a leading product focus on global sexual wellness, as well as continue investing in research and development in injectables and aesthetics and digital dentistry business lines in China.
Looking forward, Mr. Liu Yi, Chairman and Executive Director of Sisram, commented: "Sisram has always adhered to customer-centric philosophy, providing consumers and beauty-seekers with effective wellness solutions. Looking back on the first half of the year, Sisram has continued to consolidate its global layout in an orderly manner. Looking forward to the second half of the year, we will stick with the company's mission, promoting the synergy of four business lines and providing customers with diversified and beneficial wellness solutions around the world."
Mr. Lior Dayan, CEO of Sisram and Alma, said: "During the first half of 2022, significant efforts were invested in ramping up production to accommodate the growing global demand. For the second half of the year, we will focus on following our ecosystem's strategic planning by strengthening our R&D capabilities, products portfolio, and distribution channels, to achieve internal organic growth as well as external expansion."
Sisram will host a conference call at 8:30 p.m. PT / 8:30 a.m. ET on August 22, 2022 (Monday) to discuss the interim results and provide a business update. Individuals interested in listening to the conference call may do so by registration using the following link:
https://AlmaLasers.activetrail.biz/Sisram-IR-form.
After registration, you will receive dial-in information immediately. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time.
A replay will also be available on Sisram Medical's Event's page at:
Sisram Medical Ltd (1696.HK) is a global consumer wellness group, featuring a first-of-its-kind synergistic ecosystem of business building blocks and consumer-focused branding, ranging from Energy Based Devices, injectables, aesthetics and digital dentistry, personal care and more. The company is majority-owned by Fosun Pharma, one of China's leading healthcare groups. On September 19, 2017, Sisram Medical went public, becoming the first Israeli company ever to trade on the Main Board of the Hong Kong Exchange.
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https://www.kxii.com/prnewswire/2022/08/19/sisram-medical-ltd-announces-2022-interim-results/
| 2022-08-19T19:48:00Z
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UVALDE, Texas (AP) — The Justice Department said Sunday it will review the law enforcement response to the Texas school shooting, an unusual federal look back prompted by questions about the shifting and at times contradictory information from authorities that have enraged a community in shock and sorrow.
Department spokesman Anthony Coley said the review would be conducted in a fair, impartial and independent manner and the findings would be made public. The announcement came as President Joe Biden was visiting Uvalde, where he and first lady Jill Biden paid their respects at a memorial to the 19 students and two teachers killed at Robb Elementary School on Tuesday.
The goal of the review, which the mayor requested, is “to provide an independent account of law enforcement actions and response that day, and to identify lessons learned and best practices to help first responders prepare for and respond to active shooter events,” Coley said in a statement.
Handling the review is the department’s Office of Community Oriented Policing Services. It was not immediately clear how the review would be conducted, whether law enforcement officials could be compelled to cooperate in the review and when it might be completed.
Such a review is somewhat rare and most after-action reports that come after a mass shooting are generally compiled by local law enforcement agencies or outside groups. The Justice Department conducted similar reviews after 14 people were killed in a terrorist attack in San Bernardino, California, in 2015, and after the mass shooting at the Pulse Nightclub in Orlando, Florida, the deadliest attack on the LGBTQ community in U.S. history that left 49 people dead and 53 people wounded.
The frustration, anger and questions about the response from police grew deeper on Friday after authorities revealed that despite repeated 911 calls from students and teachers, the school district’s police chief had told more than a dozen officers to wait in a school hallway. Officials said he believed the suspect was barricaded inside adjoining classrooms and that there was no longer an active attack.
The revelation caused more grief and raised new questions about whether more lives were lost because officers did not act faster to stop the gunman, who was ultimately killed by Border Patrol tactical officers.
Biden has not spoken publicly about the police response to the shooting.
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Balsamo reported from Washington.
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More on the school shooting in Uvalde, Texas: https://apnews.com/hub/school-shootings
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https://cw33.com/news/politics/ap-politics/justice-dept-to-review-response-to-texas-school-shooting/
| 2022-05-29T19:10:35Z
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HOUSTON, June 8, 2022 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) announced today the appointment of Linda Foggie to its Board of Directors, effective June 8, 2022. Ms. Foggie, a licensed architect with over 20 years of commercial real estate experience, is the Managing Director, Global Head of Real Estate Operations for Citi Realty Services. She oversees the operations of Citi's global portfolio of occupied real estate, which spans across over 90 countries. She is responsible for all design and construction, facilities management, workplace experience, sustainability, data centers, and operational governance.
"Linda's foundation in architecture and design and her role as an advocate for sustainability practices and technology innovations make her an ideal addition to our board," said William Ackman, Chairman of the Board of The Howard Hughes Corporation. "We are delighted to welcome her to Howard Hughes."
Prior to joining Citi in 2021, Ms. Foggie served at Turner & Townsend as the Executive Vice President, Head of the East USA and Americas Head of Corporate Occupier. Specializing in managing complex building, engineering and real estate projects across the company's global portfolio, she also served on the board of directors and drove numerous DEI initiatives across the organization. She previously served as Vice President at Wells Fargo, where she led design and construction for a significant portion of the company's national portfolio.
"Linda's experience creating spaces that define and deliver the best customer experience, along with her focus on the future of work—both the physical environment and the human experience—will help propel HHC as we build the communities where people want to work and live," said David R. O'Reilly, Chief Executive Officer of The Howard Hughes Corporation.
Ms. Foggie is a graduate of the School of Architecture at Philadelphia University, holds a Graduate Certificate of Real Estate Development from Massachusetts Institute of Technology, and is an Executive MBA candidate at Columbia University.
Ms. Foggie serves on the Board of Directors of CREW NY, ACE Mentors, and NEW (Non-traditional Employment for Women), and has served previously on the boards of the YMCA of Greater NY, and Boy Scouts of America. Ms. Foggie has won numerous industry awards for her leadership and advocacy and been honored for her philanthropic efforts by organizations including the Multiple Sclerosis Society.
About The Howard Hughes Corporation®
The Howard Hughes Corporation owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. Its award-winning assets include the country's preeminent portfolio of master planned communities, as well as operating properties and development opportunities including: the Seaport in New York City; Downtown Columbia®, Maryland; The Woodlands®, The Woodlands Hills®, and Bridgeland® in the Greater Houston, Texas area; Summerlin®, Las Vegas; Ward Village® in Honolulu, Hawaiʻi; and Douglas Ranch in Phoenix, Arizona. The Howard Hughes Corporation's portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. The Howard Hughes Corporation is traded on the New York Stock Exchange as HHC. For additional information, visit www.howardhughes.com.
Contacts:
The Howard Hughes Corporation
Cristina Carlson, 646-822-6910
Senior Vice President, Head of Corporate Communications
cristina.carlson@howardhughes.com
For HHC Investor Relations
John Saxon, 281-929-7808
Chief of Staff
john.saxon@howardhughes.com
Carlos Olea, 281-475-2143
Chief Financial Officer
carlos.olea@howardhughes.com
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https://www.kxii.com/prnewswire/2022/06/08/howard-hughes-corporation-announces-appointment-linda-foggie-board-directors/
| 2022-06-08T12:06:04Z
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Award-Winning Fast-Casual Restaurant Franchises Expand National Footprint with 62 New Store Signings in Second Quarter
LAS VEGAS, July 13, 2022 /PRNewswire/ -- On the heels of an impressive Q1, Capriotti's Sandwich Shop and Wing Zone announced today the signing of 18 franchise agreements in the second quarter which will bring an additional 62 stores to states across the country. These signings will add 37 Capriotti's and 25 Wing Zone locations to the development pipeline – bringing the total number of stores in development for both brands to more than 430. Between the two fast-casual concepts, there will be 90 new locations open and operating by the end of the year.
The Q2 agreements will expand both brands into new territories – bringing award-winning food to new areas across the country. In the second quarter, Capriotti's will develop its brand in:
- St. Louis, MO
- Georgia
- North Carolina
- South Carolina
- Las Vegas
- San Francisco Bay Area
- West Palm Beach, FL
- Philadelphia
- Idaho Falls
- Inland Empire
- Columbia/Florence, S.C.
Second quarter signings for Wing Zone include:
- New Brunswick, N.J.
- Philadelphia
- Georgia
- North Carolina
- South Carolina
- Sacramento, CA
- Reno, NV
- Las Vegas
- Houston
- New Orleans, LA
- Columbia/Florence, S.C.
- Milwaukee, WI
"We are thrilled with the momentum Capriotti's and Wing Zone have seen so far in 2022," said David Bloom, Chief Development and Operating Officer for Capriotti's and Wing Zone. "To sign over 100 units between the two brands just halfway through the year is an incredible accomplishment, and we look forward to expanding our national footprint and serving communities as the premiere sandwich and wing brands in these new markets."
Existing locations have maintained strong sales as the brand continues to attract investors in markets across the country. In addition to celebrating its 46th birthday in June, Capriotti's was also named one of the top 25 most successful brands on Fast Casual's 2022 Top 100 Movers & Shakers list. The brand ranked No. 24 this year, marking it the third consecutive year that Capriotti's was included in Fast Casual's Top 100. The brand was also named one of the Top Workplaces by the Las Vegas Review-Journal this year, making it the third year in a row that the franchise was ranked by their employees as being one of the best brands to work for in Nevada. And just as well, the International Franchise Association (IFA) named Javier Gomez, franchisee of Capriotti's in Fresno, California, as Franchisee of the Year for 2022. Capriotti's AUV remains impressive with the top 25 percent averaging over $1.3 million, with contributions from newly-opened stores in 2022 producing a sales average of 50 percent higher than the brand's AUV of $994,847.
This month, the award-winning wing franchise launched the first Wing Zone 2.0 location in Las Vegas, positioning the brand for future growth by creating a unique experience for wing fanatics with its innovative, customer-facing technology to provide a fresh take on the dining experience. In the realm of innovation, Wing Zone is also opening the first robotic outfitted ghost kitchen this August in Pasadena, California, an attractive options for potential franchisees with its low-operating costs and high sale expectancy. The brand's AUV of $1,017,337 continues to attract potential franchisees- the proof being the development pipeline surpassing 130 stores since 2021. In addition, the brand will open its first robotic outfitted ghost kitchen in Pasadena, California on August 15th.
"With both brands having grown immensely into new markets and states the past few years, it's incredible to be recognized for more than just our recent development. Challenging our brands and franchisees to be innovative and efficient, all while producing the high-quality menu items that our customers expect is what continues to land us a spot on these prestigious lists year after year," added Bloom. "And that's why Capriotti's and Wing Zone attracts some of the best entrepreneurs in the country."
Founded in 1976, Capriotti's is most famous for its 40-year nightly tradition of slow-roasting whole, all-natural turkeys in-house and hand-shredding them each morning to feature in a variety of subs. This includes The Bobbie, the shop's acclaimed best-seller, made with homemade turkey, cranberry sauce, stuffing, and mayo on a soft roll. Founded in 1993, Wing Zone is an international fast-casual restaurant franchise known for its cooked-to-order, flavor-fused chicken wings, and tenders.
Both brands are backed by a corporate leadership team that offers a continuous support program for franchise partners through online and field programs, which provides significant support for marketing, retail sales, operations, and growth strategies through every stage of their ownership.
For more information about the Capriotti's franchise opportunity, please visit http://www.ownacapriottis.com. For more information about the Wing Zone franchise opportunity, please visit https://wingzonefranchise.com/.
About Capriotti's Sandwich Shop
Founded in 1976, Capriotti's Sandwich Shop is an award-winning national franchised restaurant chain that remains true to its 40-year tradition of slow-roasting whole, all-natural turkeys in-house every day. Capriotti's cold, grilled, and vegetarian subs, cheesesteaks and salads are available at more than 175 locations across the United States. Capriotti's signature sub, The Bobbie®, was voted "The Greatest Sandwich in America" by thousands of readers across the country, as reported by AOL.com. Capriotti's fans can also download the CAPAddicts Rewards app for iOS and Android, where they can earn and redeem rewards. Capriotti's plans to grow to over 500 locations by 2025 and was ranked on Fast Casual's Top Movers & Shakers List each of the last three years (2020-22). For more information, visit capriottis.com. Like Capriotti's on Facebook, follow on Twitter or Instagram.
About Wing Zone
Founded in 1993, Wing Zone is an international fast-casual restaurant franchise known for its cooked-to-order, flavor-fused chicken wings and tenders. Wing Zone's award-winning flavors are available at more than 31 locations in North American and its 30 restaurants internationally. The brand plans to grow to 200 profitable restaurants by 2025. For more information, visit www.wingzone.com. Like Wing Zone on Facebook, follow on Twitter or Instagram.
Media Contact: Julianne Stevenson, Fishman Public Relations, 224-558-2510 or jstevenson@fishmanpr.com
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| 2022-07-13T17:06:37Z
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PLANO, Texas, Aug. 10, 2022 /PRNewswire/ -- NuZee, Inc. (NASDAQ: NUZE), a leading U.S. producer and co-packer of single serve coffee formats, today announced the closing of its previously announced underwritten public offering of 4,200,000 shares of its common stock at a public offering price of $0.82 per share. Gross proceeds before deducting underwriting discounts, commissions and other offering expenses are approximately $3.4 million.
Maxim Group LLC acted as sole book-running manager for the offering.
NuZee has granted the underwriter a 45-day option to purchase up to an additional 630,000 shares at the public offering price, less underwriting discounts and commissions.
The securities were offered pursuant to an effective shelf registration statement (including a prospectus) on Form S-3 (No. 333-248531) previously filed with and declared effective by the U.S. Securities and Exchange Commission (the "SEC"). The securities were offered only by means of a written prospectus and prospectus supplement that form a part of the effective registration statement. A final prospectus supplement describing the terms of the public offering has been filed with the SEC and is available on the SEC's website located at www.sec.gov. Electronic copies of the final prospectus supplement and accompanying prospectus relating to the public offering may be obtained by contacting Maxim Group LLC, 300 Park Avenue, New York, NY 10022, or by telephone at (212) 895-3745.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. NuZee cautions you that such statements are simply predictions and actual events or results may differ materially. These statements reflect NuZee's current expectations and NuZee does not undertake to update or revise these forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied in this or other NuZee statements will not be realized. Further, these statements involve risks and uncertainties, many of which are beyond NuZee's control, which could cause actual results to differ materially from the forward-looking statements. These risks and uncertainties, many of which are beyond our control, include: NuZee's plan to obtain funding for its operations, including funding necessary to develop, manufacture and commercialize its products; the impact to NuZee's business from COVID 19, including supply chain interruptions; general market acceptance of and demand for NuZee's products; NuZee's reliance on third-party roasters to roast and blend coffee beans necessary to produce its products and provide its co-packing services; NuZee's ability to successfully achieve the anticipated results of strategic transactions; the fact that certain of NuZee's single serve coffee products are expected to be manufactured, processed and packaged for NuZee by its new partner on a purchase order basis pursuant to the agreement between the parties; the fact that sales are completed on a purchase order basis without any written agreement between NuZee and its customers; and NuZee's commercialization, marketing and manufacturing capabilities and strategy. For a description of additional factors that may cause NuZee's actual results, performance or expectations to differ from any forward looking statements, please review the information set forth in the 'Risk Factors' and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the NuZee's public reports and NuZee's other filings made with the SEC.
NuZee, Inc., (NASDAQ: NUZE) is a leading co-packing company for single serve coffee formats that partners with companies to help them develop within the single serve and private label coffee category.
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| 2022-08-10T19:22:35Z
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ATLANTA — With the Supreme Court’s decision to overrule Roe v. Wade last week, abortion access is poised to face strict limits in Georgia, but Gov. Brian Kemp is facing calls to do more sooner than later to prevent abortions in the state.
Abortion remains legal in Georgia up to 20 weeks. That’s likely to shrink to around six weeks as soon as a court rules on the state’s 2019 anti-abortion law, which extends legal personhood to fetuses with detectable heartbeats. That decision could come at any time.
But a new petition circulated by Georgia Right to Life and a number of anti-abortion and conservative groups demands Kemp convene a special session of the state Legislature to vote on a constitutional amendment recognizing the right to life of all citizens beginning at fertilization.
“This is our historic opportunity to advance a Personhood Amendment in the State of Georgia to put an end to the scourge of elective abortions in this state — and shine a light to other states across the country and around the world,” the petition reads.
Kemp’s former GOP rival, David Perdue, slammed Kemp on the campaign trail for not committing to calling a special session after the decision leaked in May.
In an emailed statement, Kemp’s office indicated that the current priority is making sure the so-called LIFE Act survives its court challenge.
“In Georgia, we are focused on ensuring that our existing law, the Georgia LIFE Act, to protect the unborn is fully implemented,” Kemp communications director Katie Byrd said. “We are currently fighting a legal challenge (Sistersong v. Kemp) to that law before the 11th Circuit. Our legal team filed a notice requesting the 11th Circuit to reverse the District Court’s decision and allow Georgia’s law to take effect.”
That’s not likely to placate the petitioners, who say they are concerned with the number of abortions that could take place before the law is settled and afterward because of its “broad exceptions.”
The LIFE Act allows abortions in some cases of rape or incest, when the pregnancy would cause the death or irreversible physical impairment of a pregnant woman or when a doctor determines the child will be incapable of survival.
“Immediate action is needed,” the petition reads. “No one knows what the outcome of the November election will be, and we do not have any assurance that pro-life leaders will be elected to serve in 2023. In fact, several thousand pre-born children may be legally murdered in our state before the beginning of the next regularly scheduled session.”
But even if Kemp wants to call a special session, it would likely be futile. Amending the state constitution requires two-thirds votes from both chambers. Republicans hold 34 of the 56 state Senate seats and would need four more to claim a supermajority.
In the House, the GOP controls 103 seats out of 180, but they would need 120 to reach two-thirds.
A constitutional amendment would also require the approval of voters, which would be far from a sure thing in Georgia. A January Atlanta Journal-Constitution poll found 54% of voters said they oppose the 2019 abortion bill.
“They don’t have the votes in the Legislature nor in the Georgia electorate,” Congresswoman Nikema Williams said. “In 2011, while vice president of public policy at Planned Parenthood Southeast, I led the campaign to defeat the personhood amendment on the ballot with 58% of Mississippi voters voting no, the most conservative state in the country.”
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https://www.albanyherald.com/news/abortion-foes-push-for-kemp-to-call-special-session-to-expand-georgia-restrictions/article_c017921e-f8e0-11ec-bbc6-6fcaf08e14b2.html
| 2022-07-03T14:44:44Z
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Castellanos, Diamondbacks cool off Mets with 5-2 victory
By DAVID BRANDT
AP Sports Writer
PHOENIX (AP) — Arizona’s offense had a season-high 11 hits, Humberto Castellanos pitched five solid innings and the Diamondbacks cooled off the New York Mets by beating them 5-2. It’s been an offensive struggle so far this season for the D-backs, who came into the game with an MLB-worst .180 batting average. But Daulton Varsho led off game with a single and the rest of the offense followed suit. Varsho, Pavin Smith, Carson Kelly and Geraldo Perdomo all had two hits. The NL East-leading Mets lost for just the second time in seven games.
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https://localnews8.com/sports/ap-national-sports/2022/04/23/castellanos-diamondbacks-cool-off-mets-with-5-2-victory/
| 2022-04-24T04:48:51Z
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GTP shifts momentum from 2022 to 2027
TOPEKA, Kan. (WIBW) - The Greater Topeka Partnership highlighted the goals and answered any questions about “Momentum 2027″ launching soon at a roundtable meeting Tuesday, June 21.
The GTP hosted the roundtable discussion for participants to learn more about the upcoming project and ask their burning questions.
Momentum 2027 is slightly similar to Momentum 2022. It will be a new 5-year strategy but will focus on a new set of objectives meant to build the community further. Momentum 2027 has four goals -- ”A place to live, A place to prosper, A place to learn, and a place to belong.”
Michelle Stubblefield, GTP’s Senior VP of Strategy, spoke with 13 NEWS and shared the accomplishments Momentum 20-22 brought to the community.
“We have 40% less poverty, 25% less crime, we have a higher median wage, we have a G.D.P. [Gross Domestic Product] at 1 billion dollars, we’ve got some amazing investment that’s downtown and throughout the city and Evergy Plaza,” said Stubblefield.
Find out more about Momentum 2027 on GTP’s website.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/06/22/gtp-shifts-momentum-2022-2027/
| 2022-06-22T01:46:35Z
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Did you lose money on investments in Pegasystems? If so, please visit Pegasystems Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, June 1, 2022 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the common stock of Pegasystems Inc. ("Pegasystems" or the "Company") (NASDAQ: PEGA) between May 29, 2020 and May 9, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Eastern District of Virginia and alleges violations of the Securities Exchange Act of 1934.
Pegasystems develops customer relationship management ("CRM") software, which has a very competitive market. Pegasystems repeatedly stated that the "market for our offerings is intensely competitive, rapidly changing, and highly fragmented" and that Pegasystems was subject to "significant competition" from other technology vendors. In addition, the Company assured investors that it had internally developed its products. Pegasystems also stated that the Company faced a risk that competitors may "appropriate our intellectual property."
Plaintiff alleges that unbeknownst to investors, however, Pegasystems' products and, thus, the revenue generated from those products were, in large part, the result of theft of trade secrets from one of the Company's competitors. On May 29, 2020, Pegasystems was sued by one of its principal competitors, Appian Corporation ("Appian") in Virginia circuit court for stealing its trade secrets and violating the commonwealth's computer crime law (the "Appian Litigation"). The lawsuit alleged that Pegasystems retained an employee of a government contractor from 2012 to 2014 to secretly access and learn about Appian's software and pass the information on to Pegasystems in order to improve the Company's products and better train its sales force.
Plaintiff alleges that in violation of SEC reporting requirements, for nearly two full years, Pegasystems never publicly disclosed Appian's lawsuit in its SEC filings. Pegasystems did not even disclose the existence of this lawsuit until it filed its 2021 Annual Report on February 16, 2022 – i.e., just one month before a jury trial was scheduled to begin on March 21, 2022.
After the close of the markets on May 9, 2022, Pegasystems revealed that the Virginia circuit court jury awarded Appian more than $2 billion for Pegasystems' trade secret misappropriation. On this news, the price of Pegasystems common stock fell almost 21% to close at $52.25 per share on May 10, 2022. According to press reports, during the seven-week trial, the jury was presented with substantial evidence supporting Appian's claims, including videos, emails, and text messages, and evidence that Alan Trefler ("Trefler"), Pegasystems' Founder and Chief Executive Officer ("CEO"), personally attended a meeting with the "spy" and received Appian trade secrets supplied by the "spy." During the trial, CEO Trefler admitted that it was "inappropriate" for Pegasystems to have hired the contractor and that the Pegasystems employees who gained access to Appian trial software "shouldn't have done it." The jury found that Pegasystems engaged in "willful and malicious" misappropriation of Appian's trade secrets.
Plaintiff alleges that Defendants made materially false and misleading statements throughout the Class Period, including by failing to disclose that: (1) Pegasystems had misappropriated trade secrets to better compete against Appian, a principal competitor; (2) Defendants' product development and associated success was, in significant part, not the result of its own research and product testing but rather the result of corporate espionage and trade secret theft; and (3) Defendants had engaged in a scheme to steal Appian trade secrets, which was not only known to, but carried out through, the personal involvement of the Company's CEO.
If you wish to serve as lead plaintiff, you must move the Court no later than July 18, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery does not require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased PEGA common stock, and/or would like to discuss your legal rights and options please visit Pegasystems Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
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https://www.wibw.com/prnewswire/2022/06/01/pegasystems-inc-nasdaq-pega-shareholder-class-action-alert-bernstein-liebhard-llp-reminds-investors-deadline-file-lead-plaintiff-motion-securities-class-action-lawsuit-against-pegasystems-inc-nasdaq-pega/
| 2022-06-01T20:27:19Z
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JERUSALEM, Aug. 10, 2022 /PRNewswire/ -- BiondVax Pharmaceuticals Ltd. (Nasdaq: BVXV), a biopharmaceutical company focused on developing, manufacturing, and commercializing innovative biological medicinal products for the prevention and treatment of infectious diseases and other illnesses, announced today the successful conclusion of negotiations and formal approval by the European Investment Bank (the "EIB") of new terms of its outstanding €24 million loan (the "Loan") to BiondVax.
BiondVax previously announced on March 14, 2022, that general terms of the restructuring had been agreed upon in principle.
The new terms include:
- Loan extension: An extension of the maturity dates from 2023 (€20 million) and 2024 (€4 million) until December 2027.
- Interest accrual: Although the Loan has been outstanding since 2018, interest on the Loan will only begin to accrue starting January 1, 2022, at an annual rate of 7%. The interest payments will be deferred until the new maturity date and will be added to the principal balance at the end of each year during the Loan period.
- Principal repayment: $900,000 will be paid by BiondVax shortly after the execution of the relevant amendment letter with the EIB. This amount will be applied to reduce the outstanding Loan. Going forward 10% of any capital raises until maturity will be used to further repay the Loan principal including any outstanding accrued interest.
- Variable remuneration to the EIB: Once BiondVax's commercial sales exceed €5 million, 3% of BiondVax's topline revenues will be paid to the EIB as royalties until the EIB receives (from the Loan repayment, inter alia the interest and the royalties) the higher of (i) a total of 2.8 times the original €24 million principal (as provided in the original Loan agreement) and (ii) 20% IRR on the principal calculated from January 1, 2022.
- Prepayment indemnity: In case BiondVax decides to discharge all liabilities under the Finance Contract inter alia payments of the variable remuneration BiondVax would need to repay to the EIB an indemnity amount in addition to the Loan principle and the accrued interest. The indemnity will be calculated such that the EIB receives an additional payment equal to the greater of (i) the prepayment amount (i.e. twice the prepayment amount in the aggregate) and (ii) the amount required to realize 20% IRR on the prepayment amount at the time of prepayment.
Amir Reichman, CEO of BiondVax, commented, "I am extremely pleased to announce the achievement of another major milestone in the relaunch of BiondVax; another 'promise made, promise kept'. With the cooperation and support of the EIB, we have signed an amendment to our loan facility extending the maturity to December 2027 and clearing the path for us to aggressively pursue development of a nanosized antibody (NanoAb) pipeline under an exclusive license and related collaboration agreements with the Max Planck Institute for Multidisciplinary Science and University Medical Center Gottingen, Germany. Since the March 2022 announcement of an agreement in principle to restructure the loan, all parties have worked diligently and in good faith to finalize documentation consistent with the announced terms, and we are grateful to our counterparties at the EIB for their efforts in this regard and support of our strategy and our team. We can now devote even more attention to the successful development of NanoAbs that address significant unmet medical needs in a patient friendly, efficacious and cost-efficient manner."
About BiondVax
BiondVax Pharmaceuticals Ltd. (Nasdaq: BVXV) is a biopharmaceutical company focused on developing, manufacturing and commercializing innovative biological medicinal products for the prevention and treatment of infectious diseases and other illnesses. Since its inception, the company has executed eight clinical trials including a seven country, 12,400 participant Phase 3 trial of its vaccine candidate and has built a state-of-the-art manufacturing facility for biopharmaceutical products. With highly experienced pharmaceutical industry leadership, BiondVax is aiming to develop a pipeline of diversified and commercially viable products and platforms beginning with an innovative nanosized antibody (NanoAb) pipeline. www.biondvax.com.
Contact Details
Company: Joshua E. Phillipson | +972 8 930 2529 | j.phillipson@biondvax.com
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Litigation Reform Act of 1995. Words such as "expect," "believe," "intend," "plan," "continue," "may," "will," "anticipate," and similar expressions are intended to identify forward-looking statements. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations, future financial position, future revenue, projected expenses, prospects, plans and objectives of management are forward-looking statements. Examples of such statements include, but are not limited to, statements regarding the therapeutic and commercial potential of NanoAbs. These forward-looking statements reflect management's current views with respect to certain current and future events and are subject to various risks, uncertainties and assumptions that could cause the results to differ materially from those expected by the management of BiondVax Pharmaceuticals Ltd. Risks and uncertainties include, but are not limited to, the risk that the therapeutic and commercial potential of NanoAbs will not be met; the risk of a delay in the preclinical and clinical data for NanoAbs, if any; the risk that BiondVax may not be able to secure additional capital on attractive terms, if at all; risks relating to the COVID-19 (coronavirus) pandemic; BiondVax's ability to acquire rights to additional product opportunities; BiondVax's ability to enter into collaborations on terms acceptable to BiondVax or at all; timing of receipt of regulatory approval of BiondVax's manufacturing facility in Jerusalem, if at all or when required; the risk that the manufacturing facility will not be able to be used for a wide variety of applications and other vaccine and treatment technologies, and the risk that drug development involves a lengthy and expensive process with uncertain outcomes. More detailed information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" in the Company's Annual Report on Form 20-F filed with the Securities and Exchange Commission on March 25, 2022. BiondVax undertakes no obligation to revise or update any forward-looking statement for any reason.
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SOURCE BiondVax Pharmaceuticals Ltd.
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https://www.mysuncoast.com/prnewswire/2022/08/10/biondvax-european-investment-bank-sign-definitive-amendment-extending-maturity-loan-until-december-2027-with-additional-terms-support-biondvaxs-new-strategy/
| 2022-08-10T14:02:01Z
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At 624 Jetton St., Suite 260
DAVIDSON, N.C., Aug. 1, 2022 /PRNewswire/ -- BenchMark Physical Therapy opened an outpatient clinic today at 624 Jetton St., Suite 260.
The clinic is open 7 a.m. to 7 p.m. Monday through Thursday and 7 a.m. to 3 p.m. Friday. To make an appointment, call 980-306-5333 or visit benchmarkpt.com.
BenchMark has more than 20 clinics in the Charlotte region and more than 50 clinics throughout North Carolina.
BenchMark offers in-clinic and telehealth options for outpatient orthopedic physical therapy. Services include manual therapy, injury prevention, return to performance, total joint replacement, concussion management and vestibular rehabilitation.
Clinic director Miranda Casey earned a bachelor's degree in exercise and sport science from the University of North Carolina-Chapel Hill and a doctor of physical therapy degree from Wingate University.
Casey is an orthopedic clinical specialist and is certified in trigger point dry needling. Her clinical interests include manual therapy, sports rehabilitation, vestibular rehabilitation, orthopedics, treating dancers and orthopedic pelvic health.
BenchMark, part of the Upstream Rehabilitation family of clinical care, offers access to care within 24 hours and works with all insurance types.
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SOURCE Upstream Rehabilitation
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https://www.kxii.com/prnewswire/2022/08/01/benchmark-physical-therapy-opens-outpatient-clinic-davidson-nc/
| 2022-08-01T15:59:28Z
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TULSA, Okla. (AP) — Tiger Woods had reason to wonder if making the cut at the PGA Championship was worth it.
One day after a series of clutch putts and short-game wizardry allowed Woods to reach the weekend at Southern Hills, his third round concluded with another big moment.
He made a 5-foot par putt to break 80.
“I didn’t do anything right,” Woods said after signing for a 9-over 79, by two shots his worst score in the PGA Championship. “I didn’t hit many good shots. Consequently, I ended up with a pretty high score.”
It wasn’t his worst in a major. There was that 81 in the 2002 British Open in the raging wind and bitter cold of Muirfield that ended his hopes for a Grand Slam. He had an 80 at Chambers Bay in the 2015 U.S. Open while recovering from the first of what would be five back surgeries.
This was painful to watch, and not just the sloppy play with wedges and two water balls.
Much like the weekend at the Masters, his first competition since the February 2021 car crash that mangled his right leg, the limp became more pronounced as the day went on.
And the weather — the high 50s, compared with a heat index that approached triple digits earlier in the week — didn’t help.
“You feel so sorry for him having to go through this,” said Shaun Norris, the South African who played with Woods before a large gallery, but certainly not the size of the previous two days.
“But then again, you also see the type of person that he is, that he grinds through everything and pushes himself, even all the pain and that,” Norris said. “It’s not easy to see a guy like him have to go through that and struggle like that. He’s swinging it nicely, and I think he’ll be back once he gets back to normal health and sorts out all the problems.”
Woods chose not to speak to the media, instead offering a few thoughts to a pool reporter. He didn’t get into one of the clear problems, which was distance control. Whether the ball wasn’t flying as far because of the cold or his speed was slower than he realized, there were two occasions when Woods was stunned to see where his ball landed.
One was on the par-3 sixth hole, when Woods’ shot not only came up short, it found the water. He put his next shot short into the shaggy collar, flubbed a chip and walked off with a triple bogey.
And that was only the start.
Woods made five straight bogeys from the ninth hole. One of them was on the par-3 11th, when he posed over an 8-iron only to see it land short — well short. He looked back at his caddie and said, “That’s short of the bunker!”
His pitch up the hill had so much pace that it ran over the green and down the slope, and he had to make a 4-footer to escape with bogey. This was one hole after a similar pitch up the hill from slightly farther away settled on the top shelf of a green. The pin was at the front.
And then on the par-5 13th, when a bold play to go over the green from the first cut of rough and into a stiff wind appeared to be pay off, his pitch from 100 feet went 35 feet past the pin and off the green. A likely birdie turned into a bogey.
“Couldn’t get off the bogey train,” he said.
Even when it looked like a lost cause, and there were moments where it looked as though his right knee began to buckle, Woods rarely rushed a shot or a putt.
The lone bright spot was a 35-foot birdie putt on the 15th, and Woods forced a smile as he swiped his right index finger in the air to mark his first birdie of the day.
It also was his only one.
Three pars, including the 5-footer on the last, gave him a 79 and a position at the bottom of the leaderboard, along with another early start on Sunday.
That’s assuming he shows up, of course. Woods has moved about gingerly since the start, and Saturday was the most pronounced. He talked Friday about needing a hot round, and that wasn’t available to him on a cold day.
He was asked if days like this — high pain, high score — made him question the process it takes to play and if he would tee it up on Sunday.
“Well, I’m sore. I know that is for a fact,” he said. “We’ll do some work and see how it goes.”
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/struggle-for-tiger-at-pga-and-a-putt-at-the-end-to-break-80/
| 2022-05-21T22:51:48Z
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Sen. Lisa Murkowski (R-Alaska) was projected to advance from the state’s Republican Senate primary, setting her up to compete in November’s midterm general election.
The Associated Press made the call at 1:41 p.m. ET.
The incumbent senator was widely expected to advance from the all-party primary in which the top four vote-getters advanced to the general election.
The primary was seen as a test for former President Trump’s endorsement. Trump backed Murkowski’s primary challenger Kelly Tschibaka in the wake of Murkowski’s vote to convict him in his second impeachment trial.
Tschibaka was also projected to advance early Wednesday morning.
However, Murkowski is expected to perform better in the general election where she will be able to glean more support from voters outside of the GOP, including Democrats and Independents.
November’s general election will be a ranked-choice election, where a candidate needs more than 50 percent of the vote to be declared the winner outright.
If the front-runner doesn’t have that percentage of the vote, the candidate with the fewest votes that round drops off the ballot, and those who ranked that candidate first will have their votes go to their second choice. The process continues until a candidate has more than 50 percent of the vote.
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https://cw33.com/hill-politics/murkowski-advances-in-alaska-senate-race/
| 2022-08-17T20:36:43Z
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NEW YORK, April 25, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (SMP) continues to expand its aftermarket leading Electronic Throttle Body (ETB) offering. ETBs have been an integral part helping automakers improve fuel economy while reducing emissions on today's advanced engines. However, high OE failure rates have made ETBs one of the fastest growing categories in the aftermarket.
The most recent expansion to Standard's ETB offering features applications for popular import nameplates including Toyota, Nissan, Mazda, Hyundai and Kia. Standard's ETB line-up now includes more than 200 part numbers, and covers 190 million vehicles. Providing industry-leading, late model coverage for domestic and import vehicles, Standard® offers ETBs for 2021 and 2022 model years.
Standard® ETBs are all new, not remanufactured, so there is never a core charge. Precision calibrated components and validated voltage outputs ensure Standard ETBs perform correctly on the vehicle. To aid in installation, Standard® ETBs also include a new gasket (when required), and all SMP-manufactured ETBs are made in the company's North American IATF 16949-certified facility.
Commenting on the news, John Herc, Vice President Engine Management Marketing, SMP, stated, "The expansion of this category demonstrates our commitment to provide our channel partners with complete solutions for late-model vehicles."
All new Standard® ETB applications are listed in the eCatalog found at StandardBrand.com, and in electronic catalog providers.
About Standard:
Standard® offers a full line of premium automotive products for ignition, electrical, emissions, fuel and safety-related systems including diesel, turbochargers, TPMS, VVT, ADAS and Blue Streak® heavier-duty ignition coils. The Standard® line provides unmatched coverage for all import and domestic vehicle applications. For additional information, contact an SMP® sales representative or visit StandardBrand.com.
About SMP
With over 100 years in business, Standard Motor Products, Inc. is a leading independent manufacturer and distributor of premium automotive replacement parts. SMP supplies independent professional technicians and do-it-yourselfers with high quality replacement parts for engine management, ignition, emissions, fuel and safety-related systems, as well as temperature control products for domestic and import cars and light trucks. SMP® products are sold worldwide through both traditional and non-traditional distribution channels. For more information, download the SMP® Parts App or visit smpcorp.com.
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SOURCE Standard Motor Products, Inc.
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https://www.kxii.com/prnewswire/2022/04/25/standard-motor-products-expands-electronic-throttle-body-offering/
| 2022-04-26T00:28:29Z
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WASHINGTON (AP) — Officials in the Trump White House tried to pressure U.S. health experts into reauthorizing a discredited COVID-19 treatment, according to a congressional investigation that provides new evidence of that administration’s efforts to override Food and Drug Administration decisions early in the pandemic.
The report Wednesday by the Democratic-led House Select Subcommittee on the Coronavirus Crisis also sheds new light on the role that television personalities played in bringing hydroxychloroquine to the attention of top White House officials. Investigators highlighted an email from Fox News’ Laura Ingraham and others from Dr. Mehmet Oz, the celebrity heart surgeon who had a daytime TV show and is now the Republican Senate nominee in Pennsylvania. Ingraham attended an Oval Office meeting with President Donald Trump, who himself took the anti-malaria drug.
The FDA originally authorized use of hydroxychloroquine in late March 2020 based on small studies suggesting it could have some effectiveness against the coronavirus. At that time, many researchers hoped that existing antiviral drugs could be used to fight the virus. But by June, FDA officials had concluded the drug was likely ineffective and could cause potentially dangerous heart complications, revoking its emergency use.
Efforts by the Trump administration to control the release of COVID-19 guidance and install political operatives at public health agencies have been well documented.
The report by the House subcommittee investigating the government’s COVID-19 response focused on pressure at the FDA, which serves as gatekeeper for the drugs, vaccines and other countermeasures against the virus.
Much of the information comes from an interview with the agency’s former commissioner, Dr. Stephen Hahn, who was picked for the job by Trump in late 2019. Frustrated by the pace of FDA’s medical reviews, Trump repeatedly accused Hahn — without evidence — of delaying decisions on COVID-19 drugs and vaccines “for political reasons.”
Although FDA commissioners are politically appointed, the agency’s scientists are expected to conduct their reviews free from outside influence. Indeed, the FDA’s credibility largely stems from its reputation for scientific independence.
But Hahn told investigators that he felt pressure due to the “persistence” of Trump aide Peter Navarro’s calls to reauthorize hydroxychloroquine after the FDA’s decision to pull its emergency use.
“We took a different stance at the FDA,” Hahn told investigators. “So that disagreement, which of course ultimately became somewhat public, was a source of pressure.”
The subcommittee chairman, Democrat Rep. Jim Clyburn of South Carolina, said efforts to bend the FDA’s scientific work on treatments and vaccines exemplified how the “prior administration prioritized politics over public health.” But Louisiana Rep. Steve Scalise, the panel’s top Republican, said the report was “further proof” that House Speaker Nancy Pelosi, D-Calif., “only set up this sham panel to carry out a political vendetta” against Trump.
Much of the report focuses on actions taken by Navarro and Dr. Steven Hatfill, a virologist and outside adviser described by the subcommittee as a “full-time volunteer” on COVID-19 for the White House.
“Dr. Hatfill and Mr. Navarro devised multiple pressure schemes targeting FDA and federal officials who they contended were wrongly impeding widespread access to hydroxychloroquine,” according to the report.
In his response, Hatfill said: “We never wrongly pressured anyone. We simply followed the science and the overwhelming evidence as detailed in several studies available at the time.”
Navarro, in an emailed statement, said the subcommittee was “wrongly” perpetuating that hydroxychloroquine “was somehow dangerous.” He also said he has chronicled his battles with the FDA in his White House memoir.
Importantly, there’s no evidence that White House efforts ultimately changed the FDA’s decisions on hydroxychloroquine or any other therapies.
Investigators also cited a March 28, 2020, email from Oz to Dr. Deborah Birx, White House coronavirus response coordinator, stating that the drug “appears safe and results are better than expected.”
Birx forwarded the email to Hahn within the hour, saying “we should talk.”
A cancer specialist with no prior political experience, Hahn was widely criticized during the early COVID-19 response for decisions that appeared to cave to White House officials.
According to emails obtained by the committee, Hatfill described “constant fighting with (Dr. Anthony) Fauci and Dr. Hahn” over access to hydroxychloroquine during the summer. Fauci is the nation’s top infectious disease expert.
During this period Hatfill also urged Sen. Ron Johnson, R-Wis., to request a federal investigation into the handling of hydroxychloroquine, according to a letter submitted for the Congressional Record.
There’s no indication such a request was made. But in mid-August, Johnson and fellow Republican Sens. Mike Lee of Utah and Ted Cruz of Texas wrote the FDA seeking an explanation for the denial to reinstate hydroxychloroquine’s authorization. Johnson also chaired a Senate committee hearing in November 2020 on treatment options and complained that doctors who prescribed hydroxychloroquine for COVID had been “scorned.”
In the fall of 2020, the focus of both FDA and White House officials turned to the upcoming authorization of the first COVID-19 vaccines from Pfizer and Moderna.
As previously reported, the White House objected to an FDA requirement that vaccine makers gather two months of safety data before filing their applications, contending that condition would delay the launch of the shots. Trump had repeatedly stated the shots would be authorized before Election Day, despite government scientists signaling that timeline was unlikely.
The committee report suggested that the FDA’s guidance for vaccine manufacturers was delayed more than three weeks — from mid-September until early October — due to White House concerns.
Hahn told investigators the agency faced “pushback about the issue” from multiple officials, including Trump’s chief of staff, Mark Meadows, who told the FDA commissioner on Sept. 23, 2020, that the White House would not sign off on the two-month requirement.
On Oct. 6, the FDA quietly published its vaccine guidelines as part of a larger set of documents for drugmakers. After the materials posted online, Hahn said Meadows called him to indicate that the FDA guidelines were approved.
The online publication drew fury from the president on Twitter.
“New FDA rules make it more difficult for them to speed up vaccines for approval before Election Day. Just another political hit job!” Trump tweeted at his FDA commissioner.
___
Follow AP’s coverage of the pandemic at https://apnews.com/hub/coronavirus-pandemic
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https://cw33.com/health/ap-health/panel-details-pressure-campaign-for-unproven-covid-treatment/
| 2022-08-25T12:01:28Z
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Services for John Alvin Tidwell Sr., 79, of Temple will be 11 a.m. Friday at Victory Baptist Church in Temple.
Burial will be in Temple Garden of Memories.
Mr. Tidwell died Saturday, June 18, in Temple.
He was born Nov. 18, 1942, in Rosston, Ark., to Carl and Sylvester Evans Tidwell. He graduated from McRae High School in Prescott, Ark. He married his first wife, Bettye McGough in 1962 and his second wife, Ruthie Parker, in 1977. He was a cook.
He was preceded in death by his second wife; and a son, Alan Keith Thompson.
Survivors include two sons, John Tidwell Jr. and Royce Tidwell; three daughters, Sylvia Traeger of Racine, Wis. and Regina Freeman and Sharon Townson, both of Temple; two brothers, Ira D. Tidwell of Temple and Odell Tidwell of Rockford, Ill.; and many grandchildren and great-grandchildren.
Visitation will be 4-6 p.m. Thursday at Don D. Summers Funeral Chapel in Temple.
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https://www.tdtnews.com/obituaries/article_dfbb1f28-f1ab-11ec-833c-93577408c222.html
| 2022-06-22T08:08:28Z
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WASHINGTON, Aug. 10, 2022 /PRNewswire/ -- The American Legion National Commander Paul E. Dillard praised President Biden and the bipartisan majority of congressional members who supported the most comprehensive veterans' health-care legislation in decades.
Dillard, who attended the bill-signing ceremony at the White House this morning, pointed to the law's overwhelming support. "The Sergeant First Class Heath Robinson Honoring Our PACT Act is now the Honoring Our PACT law," Dillard said. "We thank President Biden for signing this legislation. Millions of veterans and their families can take comfort in knowing that their government truly appreciates their service and sacrifice. This comprehensive health care law is the result of hard work and bipartisanship by patriotic advocates, members of Congress and American Legion Family members worldwide. It was a privilege to represent all of our allies at the White House today. I encourage all veterans who have been exposed to toxic substances while serving in the military to contact their American Legion service officers for free assistance in accessing the benefits that they have earned. The claims process can be complicated, and American Legion service officers are happy to help."
The PACT Act will provide health care for millions of post-9/11 veterans who were exposed to contaminants emanating from open-air burn pits. It establishes presumptions of service connection for 23 respiratory illnesses and cancers linked to burn pits and other hazards, including Agent Orange and atomic radiation for veterans whose exposure was previously unrecognized for VA health-care services and disability benefits. It will also provide additional resources and staff to the Department of Veterans Affairs. Enactment of the PACT Act was a major legislative priority for The American Legion in this session of Congress.
The American Legion is dedicated to the motto of "Veterans Strengthening America." Chartered by Congress in 1919, The American Legion is committed to mentoring youth and sponsoring wholesome community programs, advocating patriotism and honor, promoting a strong national security and continued devotion to servicemembers and veterans. Legionnaires in more than 12,500 posts across the nation and regions overseas serve their communities with a devotion to mutual helpfulness.
Media Contact: John Raughter, jraughter@legion.org, (317) 630-1350, Dave Lapan, dlapan@legion.org, (703) 403-3835.
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SOURCE The American Legion
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https://www.wibw.com/prnewswire/2022/08/10/president-signs-honoring-our-pact-act-american-legion-commander-praises-patriotic-advocates/
| 2022-08-10T17:53:14Z
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