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ALEXANDRIA, Va., June 30, 2022 /PRNewswire/ -- The Aerospace States Association (ASA) elected Colorado Lt. Governor Dianne Primavera as the new National Chair and Alaska Lt. Governor Kevin Meyer as Vice Chair of the ASA. Lt. Governor Will Ainsworth concluded his term as ASA National Chair.
Lt. Governor Primavera has been working to advance the aerospace ecosystem in Colorado for years, having served this past year as the Vice Chair of the ASA and the co-chair of the Colorado Space Coalition. Under her leadership, Colorado has the largest aerospace economy per capita in the country. Lt. Governor Meyer has also been a longtime advocate of the industry, creating Aerospace Day at the Alaska State Capitol among other initiatives.
"I am honored to accept this role and to help expand the aerospace industry, both in Colorado and throughout the country. Colorado is a proud epicenter of aerospace. As this critical industry continues to grow in our state, bringing good-paying jobs and helping to build an economy for all, I am excited to continue our successful work fostering an innovative and collaborative ecosystem for the aerospace industry that can be a model for the rest of the nation," said Lieutenant Governor Primavera.
"It's an exciting time in our industry, and I'm ready and excited to dig in and help create new impactful partnerships among state governments and the greater aerospace and aviation community," said Lt. Governor Meyer.
For more information about ASA visit Aerostates.org.
The Aerospace States Association (ASA) is a non-partisan 501c (3) organization comprised of Lieutenant Governors, Governor appointed delegates, state legislators, territorial and tribal government representatives and associate members from aerospace organizations and academia working to advance aerospace and aviation in member states and throughout the nation. ASA is the only aerospace advocacy organization promoting State based perspectives in federal aerospace & aviation policy development. Visit www.aerostates.org for more information on the Aerospace States Association.
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SOURCE The Aerospace States Association
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https://www.mysuncoast.com/prnewswire/2022/06/30/colorado-lt-governor-dianne-primavera-alaska-lt-governor-kevin-meyer-named-national-chair-vice-chair-aerospace-states-association/
| 2022-06-30T16:02:59Z
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ZAPORIZHZHIA, Ukraine (AP) — A long-awaited effort to evacuate people from a steel plant in the Ukrainian city of Mariupol was underway Sunday, the United Nations said, while U.S. House Speaker Nancy Pelosi revealed she visited Ukraine’s president to show unflinching American support for the country’s defense against Russian aggression.
U.N. humanitarian spokesman Saviano Abreu told The Associated Press that the operation to bring people out of the sprawling Azovstal steel plant was being done with the International Committee for the Red Cross and in coordination with Ukrainian and Russian officials.
As many as 100,000 people are believed to still be in blockaded Mariupol, including up to 1,000 civilians who were hunkered down with an estimated 2,000 Ukrainian fighters beneath the Soviet-era steel plant — the only part of the city not occupied by the Russians.
Abreu called the situation “very complex” and would not give further details. Like other evacuations, success of the mission in Mariupol depended on Russia and its forces, deployed along a long series of checkpoints before reaching Ukrainian ones.
Zaporizhzhia, a city about 141 miles (227 kilometers) northwest of Mariupol, is the expected destination of the evacuation effort. Zaporizhzhia was the destination of Mariupol residents who managed to flee the city on their own when previous Red Cross- and Ukrainian-organized evacuations had to be called off due to ongoing shelling or concerns about route safety.
The U.N. said the convoy to evacuate civilians started on Friday, travelling some 140 miles (230 kilometers) before reaching the plant in Mariupol on Saturday morning.
People who have fled Russian-occupied areas have at times described their vehicles being fired on. Ukrainian officials have repeatedly accused Russian forces of shelling evacuation routes on which the two sides had agreed.
Russia’s high-stakes offensive in coastal southern Ukraine and the country’s eastern industrial heartland has Ukrainian forces fighting village-by-village and more civilians fleeing airstrikes and artillery shelling as war draws near their doorsteps.
Pelosi, a California Democrat who is second in line to succeed the president, is the most senior American lawmaker to travel to Ukraine since Russia invaded Ukraine on Feb. 24. Her Saturday visit came just days after Russia launched rockets at the capital during a visit by U.N. Secretary-General António Guterres.
During a Sunday news conference in the Polish city of Rzeszow, Pelosi said she and other members of a U.S. congressional delegation met with Ukrainian President Volodymyr Zelenskyy in Ukraine’s capital, Kyiv, for three hours and brought him “a message of appreciation from the American people for his leadership.”
Rep. Jason Crow, a U.S. Army veteran and a member of the House intelligence and armed services committees, said he came to Ukraine with three areas of focus: “Weapons, weapons and weapons.”
“We have to make sure the Ukrainians have what they need to win. What we have seen in the last two months is their ferocity, their intense pride, their ability to fight and their ability to win if they have the support to do so,” the Colorado Democrat said.
Russian forces have embarked on a major military operation to seize significant parts of southern and eastern Ukraine following their failure to capture Kyiv. Mariupol, a port city on the Sea of Azov, is a key target because of its strategic location near the Crimea Peninsula, which Russia seized from Ukraine in 2014.
“All the leaders of the free world know what Russia has done to Mariupol. And Russia will not go unpunished for this,” Zelenskyy said in his nightly video address. He warned that Russia was “gathering additional forces for new attacks against our military in the east of the country.”
Limited evacuations from the city took place on Saturday, but the details had been unclear given the number of parties involved in the negotiations and the volatile situation on the ground.
The Russian Defense Ministry said a total of 46 people, a group of 25 and another numbering 21, were evacuated from areas near the Azovstal plant.
A top official with the Azov Regiment, the Ukrainian unit defending the steelworks, said Saturday that 20 women and children were evacuated from the plant itself. Civilians have sheltered in a maze of underground tunnels while the plant has been under siege.
In a video posted on the regiment’s Telegram channel, regiment Deputy Commander Sviatoslav Palamar called for the evacuation of wounded Ukrainian fighters as well as civilians. “We don’t know why they are not taken away and their evacuation to the territory controlled by Ukraine is not being discussed,” he said.
An Associated Press journalist saw women and children arriving in Bezimenne, a village under the control of Moscow-backed separatists in eastern Ukraine, accompanied by U.N. and Red Cross representatives. The U.N. has not confirmed that people were able to leave Mariupol on Saturday.
Elsewhere in Ukraine’s eastern Donbas region, about 20 older adults and children clutching bags along with their dogs and cats boarded a minivan Saturday in the town of Lyman, where at least half the population has fled Russian shelling, The van, marked with a sign reading “evacuation of children” in Ukrainian, sped off toward the city of Dnipro as explosions were heard in the distance.
“The liberators have come and have freed us from what? Our lives?” said Nina Mihaylenko, a professor of Russian language and literature, referring to the Russian forces.
Undeterred by air raid sirens and warnings to shelter at home, people in the southeastern city of Zaporizhzhia visited cemeteries Sunday, when Ukrainians observed the Orthodox Christian day of the dead.
“If our dead could rise and see this, they would say, ‘It’s not possible, they’re worse than the Germans,’” Hennadiy Bondarenko, 61, said while marking the day with his family at a picnic table among the graves. “All our dead would join the fighting, including the Cossacks.”
Getting a full picture of the unfolding battle in eastern Ukraine has been difficult because airstrikes and artillery barrages have made it extremely dangerous for reporters to move around. Also, both Ukraine and Moscow-backed rebels have introduced tight restrictions on reporting from the combat zone.
But Western military analysts have suggested the offensive in the Donbas region, which includes Mariupol, was going much slower than planned. So far, Russian troops and the separatists appeared to have made only minor gains in the month since Moscow said it would focus its military strength in the east.
Video and images from inside the Mariupol steel plant, shared with The Associated Press by two Ukrainian women who said their husbands are among the fighters refusing to surrender there, showed unidentified men with stained bandages; others had open wounds or amputated limbs.
A skeleton medical staff was treating at least 600 wounded people, said the women, who identified their husbands as members of the Azov Regiment of Ukraine’s National Guard. Some of the wounds were rotting with gangrene, they said.
The AP could not independently verify the date and location of the video, which the women said was taken in the last week in the maze of corridors and bunkers beneath the plant.
Numerically, Russia’s military manpower vastly exceeds Ukraine’s. In the days before the war began, Western intelligence estimated Russia had positioned near the border as many as 190,000 troops; Ukraine’s standing military totals about 200,000, spread throughout the country.
With plenty of firepower still in reserve, Russia’s offensive still could intensify and overrun the Ukrainians. Overall the Russian army has an estimated 900,000 active-duty personnel. Russia also has a much larger air force and navy.
Hundreds of millions of dollars in military assistance has flowed into Ukraine since the war began, but Russia’s vast armories mean Ukraine will continue to require huge amounts of support.
___
Fisch reported from Sloviansk. Associated Press journalists Jon Gambrell and Yuras Karmanau in Lviv, Mstyslav Chernov in Kharkiv, Lolita C. Baldor in Washington, Trisha Thompson in Rome and AP staff around the world contributed to this report.
___
Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine
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https://cw33.com/news/politics/ap-politics/some-ukrainians-evacuated-from-ruins-of-mariupol-steel-plant/
| 2022-05-01T15:00:25Z
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Eta Aquarids to peak Friday with up to 30 meteors visible per hour
(Gray News) – The Eta Aquarid meteor shower will peak this week, with at least 30 meteors visible during the peak of the meteor shower in some locations, according to NASA.
The meteors will be traveling fast in the Earth’s atmosphere at about 148,000 miles per hour, the agency says.
The fast meteors leave glowing “trains,” which are incandescent bits of debris that appear in the wake of the meteor.
People in both Northern and Southern hemispheres will be able to view the meteor showers during their peak in the hours before dawn.
The Southern hemisphere is better for viewing the showers, NASA says. The Northern hemisphere only has an hourly rate of about 10 meteors. The southern half of the U.S. may be able to see 10 to 20 meteors per hours under a dark sky with no moon and when the radiant is high in the sky, according to Earthsky.org.
The constellation of Aquarius, which is home to the radiant of the Eta Aquarids, is higher up in the sky in the Southern hemisphere than it is in the Northern hemisphere.
Although the shower peaks Friday, it will be viewable until around May 28.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/05/04/eta-aquarids-peak-friday-with-up-30-meteors-visible-per-hour/
| 2022-05-04T18:30:05Z
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SHENZHEN, China, Sept. 10, 2022 /PRNewswire/ -- On September 9th, VOOPOO unveiled two new products of DRAG series, DRAG H80S and DRAG E60. As products of star series, since VOOPOO released the product preview, it has received extensive attention from global DRAG fans. Compared with the previous VOOPOO products of DRAG series, such as the most popular products DRAG X and DRAG S, DRAG H80S and DRAG E60 are more simplified in design and vaping experience.
Integrated Design, Easy to Enjoy Professional Device
From the compact appearance, air adjusting rotating gear, oil-filling hole and magnetic battery cover are all integrated into the body of two new products, which is more tactile and comfortable in grip. DRAG H80S is the most compact DRAG ever. The integrated design makes DRAG H80S 15% smaller in size. DRAG E60, with special mini shape and streamlined unibody of leather and metal.
The pod of DRAG H80S and DRAG E60 equipped with adjustable pod airflow, just rotate the pod to adjust the airflow with asymmetric air inlets. Besides, different from DRAG S and DRAG X, there is no need to pull out the pod or press the silicone plug, just unscrew the cover of mouthpiece, and fill e-liquid from the oil filling hole.
New Power Mode and Large Capacity, Lasting and Economic
Equipped with 2550mAh built-in large battery, DRAG E60 meets the needs of long-time vaping. DRAG H80S is compatible with single 18650 external battery.
The two products have the innovative ECO mode. It provides you more lasting vaping experience. Activating the ECO Mode enlarges 10% more vaping puffs, which meet the needs under low battery capacity.
When the battery capacity is 40% left, the interface will indicate the ECO Mode button. And you can choose whether to enter.
Multiple Innovations, Enhanced Vapor and Upgraded Flavor
DRAG H80S and DRAG E60 are originally designed with the airway with a basin structure, which gathers smooth and soft airflow. The basin also holds the condensate for easier cleaning.
The new PnP coil was ingeniously upgraded in structure design, in which the Dual in One Tech fastens the temperature rise and effectively atomizes every e-liquid and realizes a rich cloud and fine taste. Meanwhile, it improves the atomization efficiency by consuming less e-liquid.
DRAG H80S and DRAG E60 renew your impression on DRAG series at the first look and refresh experience in vaping!
WARNING: This product may be used with e-liquid products containing nicotine. Nicotine is an addictive chemical.
About VOOPOO
VOOPOO was established in 2017 and has rapidly risen through DRAG products, which have been widely acclaimed globally in a short period of time. As a high-tech enterprise with R&D, design, manufacturing, and branding, VOOPOO has four major product series — ARGUS, DRAG, VINCI, and V. Currently, VOOPOO has a presence in more than 70 countries in North America, Europe, and Asia.
Website: https://www.voopoo.com/
Instagram: https://www.instagram.com/voopootech_official/
Facebook: https://www.facebook.com/voopooglobal
YouTube: https://www.youtube.com/c/VOOPOO
Tiktok: https://www.tiktok.com/@voopoofans
Shop: https://shop.voopoo.com/
CONTACT: nical.zhang@voopootech.com
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SOURCE VOOPOO
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https://www.wibw.com/prnewswire/2022/09/10/new-drag-new-halo-voopoo-drag-new-products-released/
| 2022-09-10T19:31:21Z
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Public-private partnership provides strategic supply of U.S.-made and secure semiconductors for the nation's most sensitive defense and aerospace applications, boosts supply of feature-rich chips for critical infrastructure commercial applications
MALTA, N.Y., May 2, 2022 /PRNewswire/ -- GlobalFoundries Inc. (Nasdaq: GFS) (GF), a global leader in feature-rich semiconductor manufacturing, today announced a $117 million agreement with the U.S. Department of Defense (DoD) to provide a strategic supply of U.S.-made semiconductors that are critical to national security systems. Securely manufactured at GF's most advanced semiconductor manufacturing facility, Fab 8 in Malta, New York, the chips will be used in some of the nation's most sensitive defense and aerospace applications.
Building upon the longstanding partnership between the DoD and GF, the new agreement provides the DoD with a supply of semiconductor chips manufactured on GF's differentiated 45nm SOI platform. Under the agreement, the manufacturing of these chips will be transferred to GF's Fab 8 from GF's Fab 10 in East Fishkill, New York. In addition to providing continuity of supply for the DoD, this technology transfer to Fab 8 will enable GF to continue offering its 45nm SOI platform to commercial customers after GF's Fab 10 transitions to ON Semiconductor as previously announced in April 2019.
"GF is proud to be a longtime supplier to the U.S. Government, and we remain deeply committed to meeting the semiconductor technology needs of the Department of Defense, as well as the technologies so critical to our national security," said GF CEO Tom Caulfield. "The strong public-private partnership demonstrated with this new supply and tech transfer agreement is an excellent example of the impact federal collaboration and investment in semiconductor manufacturing can have on strengthening domestic supply chains. Our partnership boosts the national economy, while also securing a strategic and reliable supply of chips needed by the U.S. government for aerospace, defense, and other mission-critical applications."
In a supportive statement, the DoD said: "This agreement with GlobalFoundries will strengthen the domestic microelectronics industrial base, as part of the nation's effort to sustain its semiconductor manufacturing capability necessary for national and economic security. Our agreement will ensure access to 45nm SOI semiconductors critical to DoD strategic systems, and is the latest collaboration in the longstanding partnership between the DoD and GF to provide silicon-based semiconductors for defense aerospace applications."
Under the agreement, the DoD awarded $117 million to GF. The first chips from the agreement are targeted to begin delivery in 2023.
GF employs nearly 3,000 people at Fab 8 and has invested more than $15 billion in the facility. GF's Fab 8 is in compliance with both U.S. International Traffic in Arms Regulations (ITAR) and highly restrictive Export Control Classification Numbers under the Export Administration Regulations (EAR). GF is working with the U.S. government to secure classified status for Fab 8.
GF's experience with ITAR and EAR regulations, in addition to the secure manufacturing being done at Fab 8 and the classified manufacturing taking place at Fab 9 in Vermont and Fab 10, are key to the GF Shield Program and GF's embracing its role as the nation's most secure and trusted semiconductor manufacturer. The GF Shield program extends to GF commercial customers across all sectors a level of key safeguarding and protection principles modeled on those GF uses to manufacture semiconductors for government entities.
About GF
GlobalFoundries (GF) is one of the world's leading semiconductor manufacturers. GF is redefining innovation and semiconductor manufacturing by developing and delivering feature-rich process technology solutions that provide leadership performance in pervasive high growth markets. GF offers a unique mix of design, development and fabrication services. With a talented and diverse workforce and an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF is a trusted technology source to its worldwide customers. For more information, visit www.gf.com.
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SOURCE GlobalFoundries (GF)
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https://www.mysuncoast.com/prnewswire/2022/05/02/us-department-defense-globalfoundries-partner-secure-supply-chips-critical-national-security-systems/
| 2022-05-03T00:50:55Z
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Texas sues health secretary over emergency abortion guidance
(AP) - The state of Texas sued the federal government Thursday after the Biden administration said federal rules require hospitals to provide abortions if the procedure is necessary to save a mother’s life, even in cases where state law mostly bans the procedure.
The lawsuit, which names the Department of Health and Human Services and Secretary Xavier Becerra among its defendants, says the guidance issued by the Biden administration earlier this week is unlawful, and that the Emergency Medical Treatment and Labor Act does not cover abortions.
“The Biden Administration seeks to transform every emergency room in the country into a walk-in abortion clinic,” Texas Attorney General Ken Paxton said as he announced the lawsuit. He said the federal government isn’t authorized to require emergency healthcare providers to perform abortions.
The legal wrangling is causing concern for doctors. Dr. Ghazaleh Moayedi, a Dallas-based OB/GYN and former abortion provider, said emergency departments may face these situations frequently — when patients experience miscarriages or ectopic pregnancies, or when a woman’s water breaks before a fetus is viable.
“Physicians shouldn’t be forced to call a lawyer, call an ethicist, call another lawyer, call a hospital administrator while a patient is actively dying,” she said. “It is unconscionable.”
The lawsuit comes after the Biden administration told hospitals on Monday that they “must” provide abortion services if the life of the mother is at risk, saying federal law on emergency treatment guidelines preempts state laws that have near total bans on the procedure, after the U.S. Supreme Court ruled that abortion is not a constitutional right.
In a letter to providers, the Department of Health and Human Services said medical facilities are required to determine whether a person seeking treatment may be in labor or whether they face an emergency health situation — or one that could develop into an emergency — and to provide treatment. The letter says if abortion is the necessary treatment to stabilize the patient, it must be done.
“When a state law prohibits abortion and does not include an exception for the life of the pregnant person — or draws the exception more narrowly than EMTALA’s emergency medical condition definition — that state law is preempted,” the letter said.
The department says its guidance doesn’t reflect new policy, but reminds doctors and providers of existing obligations under EMTALA, which was adopted in 1986 and signed by President Ronald Reagan.
But Texas officials disagree, and are asking a judge to set aside the Biden administration’s guidance and declare it unlawful.
The lawsuit says Biden is “flagrantly disregarding” the legislative and democratic process, and that the guidance forces “hospitals and doctors to commit crimes and risk their licensure under Texas law.”
The lawsuit said the EMTALA does not mandate, direct or suggest providing any specific treatment, and says nothing about abortion.
“On the contrary, EMTALA contemplates that an emergency medical condition is one that threatens the life of the unborn child,” the lawsuit says. “It is obvious that abortion does not preserve the life or health of an unborn child.”
The fall of Roe put in motion Texas’ trigger law that will ban virtually all abortions in coming weeks. Clinics have tried to continue serving patients in the meantime, but court battles over whether a dormant 1925 abortion ban can be enforced for now has already stopped most doctors from performing abortions. Abortions soon will be allowed in Texas only when a mother’s life is in danger or if she is at risk of “substantial impairment of a major bodily function.”
Laura Hermer, a professor at Mitchell Hamline School of Law in St. Paul, Minnesota. said Texas is more interested in its own sovereignty than in protecting pregnant women.
“It is dangerous to be pregnant in Texas,” said Laura Hermer, a professor at Mitchell Hamline School of Law in St. Paul, Minnesota. “People who are pregnant are going to die in Texas because of the position Texas is taking on this issue. This is not pro-life. There is nothing pro-life about this.”
Jonathan Turley, a professor at George Washington University School of Law, said it was surprising that the challenge came from a state government. “It’s usually the providers that would challenge any mandate of coverage that is not clearly established in federal law,” Turley said.
Moayedi, the Dallas doctor who is also a board member with Physicians for Reproductive Health, said the federal government’s guidance wasn’t helpful — and that Texas’ lawsuit instills fear among healthcare providers statewide.
“Healthcare providers have always been very hesitant to engage in anything that could be considered an abortion in our state unless they’re abortion providers,” she said.
The lawsuit says that doctors will be forced to chose between violating Texas law — which bans nearly all abortions — or jeopardizing their ability to receive Medicare funds. The lawsuit says the federal guidelines also conflict with the Hyde Amendment, which generally bars federal dollars from being used to fund abortions unless a pregnancy is the result of rape, incest or the woman’s life is in danger.
White House Press Secretary Karine Jean-Pierre said this is an example of an “extreme and radical” Republican elected official. She added: “It is unthinkable that this public official would sue to block women from receiving life-saving care in emergency rooms, a right protected under U.S. law.”
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/07/14/texas-sues-health-secretary-over-emergency-abortion-guidance/
| 2022-07-14T22:35:49Z
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The airlines with the most delays
(Stacker) - When you’ve already waited in line to check your luggage, waited to get through TSA screening, and then waited some more for overpriced coffee or bottled water, the last thing you want to do is wait even more for your plane to board and take off. The sad truth, however, is that air travel is a waiting game, especially if you fly with airlines or out of airports where delays are as commonplace as cramped onboard legroom and crying babies.
Stacker went through data from the U.S. Bureau of Transportation Statistics (BTS) to determine the percentage of delayed flights among all airlines. We looked at the most recent data available—reported by the airlines to the BTS from December 2020 to December 2021—and defined “delayed” as a flight that arrived at its destination at least 15 minutes after its scheduled arrival time. We also identified the most troublesome airport—the one with at least 100 flights during the reporting period and the highest percentage of delayed flights—for each airline.
Both mainline carriers and branded codeshare partners (airlines that only staff, maintain, and operate planes) were considered. You might wonder why Orlando and Aguadilla (Puerto Rico) are the only airports with the worst record for delays for two airlines each on our list.
#17. Endeavor Air Inc.
- On-time flights: 91%
- Airport with the most delayed flights: Orlando, FL: Orlando International
Delta-owned Endeavor Air, which operates Delta Connection planes, may be under the radar; but it boasts the distinction of having fewer delayed flights than any U.S. carrier on our list.
Its excellent on-time status is probably due to the fact that it operates mainly from regional airports, which are subject to fewer delays due to lighter air traffic. But it also operates out of major airports, including hubs in New York City, Atlanta, Minneapolis, Detroit, and Cincinnati—and super-busy Orlando. Its 192 regional jets service 140 destinations in the U.S., Canada, and the Caribbean with 900 daily flights.
#16. Hawaiian Airlines Inc.
- On-time flights: 91%
- Airport with the most delayed flights: Orlando, FL: Orlando International
Because so many Hawaiian Airlines flights go to the 50th state, where weather delays are relatively rare, its on-time record is exemplary. Hawaiian, in fact, routinely tops on-time performance lists and receives the fewest complaints about cancellations, overbooking, and baggage-handling problems.
With the continual expansion of its routes since its launch in 1941, it now flies throughout the Pacific and the continental U.S.-—even to Orlando, where Hawaiian Airlines passengers endure the most delays. Orlando has the second-worst on-time percentage (24%) of all major U.S. airports because it’s America’s leading family travel destination (i.e. home to Walt Disney World and Universal Orlando Resort).
#15. Delta Air Lines Inc.
- On-time flights: 88%
- Airport with the most delayed flights: Kahului, HI: Kahului Airport
Delta is the only airline in the top eight on our list that ranks among the five largest U.S. airlines: second in passengers carried and miles flown, third in fleet size, and fifth in the number of routes and destinations. Infrequent delays represent one reason why Fodor’s ranks it as the #1 U.S. airline. Its flights to Kahului (Maui), where airport expansion has been debated for decades, are delayed most often.
#14. Horizon Air
- On-time flights: 87%
- Airport with the most delayed flights: Dallas, TX: Dallas Love Field
Horizon, Alaska Airlines’ regional carrier, serves dozens of destinations in the Western U.S., Canada, and Mexico, with Milwaukee the only destination east of the Mississippi. The light air traffic in Western outposts such as Wichita, Kansas; Walla Walla, Washington; and Dillingham, Alaska keep it on time almost all the time; only two of the 10 U.S. airports with the worst on-time stats are in the West. Horizon also flies to a handful of major Western cities, which does drag those stats down. Its hubs are Seattle, where it started out as a small regional carrier, and Portland, Oregon, while Dallas is the city where you’re most likely to be delayed on a Horizon flight.
#13. Republic Airways
- On-time flights: 87%
- Airport with the most delayed flights: Lansing, MI: Capital Region International
You know how some wineries produce wines from grapes purchased from growers in the next county—but the growers don’t get any credit when awards are handed out? You haven’t heard of Republic Airways.
The airline operates regional flights on behalf of United Express, American Eagle, and Delta Connection. Republic gets credit for its solid on-time percentage, even though the airline benefit from flying in and out of quiet airports like Bangor, Maine, and Lansing, Michigan—where snow and ice on the runways contribute to the frequency of delays.
#12. PSA Airlines Inc.
- On-time flights: 86%
- Airport with the most delayed flights: Traverse City, MI: Cherry Capital
PSA operated for a few years in the 1990s as an independent airline but now operates planes exclusively on American Eagle regional routes. Almost all of its nearly 100 destinations are small cities in the eastern half of the U.S. This focus on small cities like Traverse City, Michigan—where winter weather delays make it the airline’s most problematic airport—generally keep delays to a minimum.
#11. Envoy Air
- On-time flights: 85%
- Airport with the most delayed flights: Burlington, VT: Burlington International
Envoy, like PSA, is an airline you’ve never heard of because they “only” staff, maintain, and operate American Eagle planes, while American Airlines handles the sales, marketing, and scheduling of flights.
Also like PSA, Envoy flies primarily to smaller cities—more than 150 destinations throughout North and South America, making it American Airlines’ busiest regional partner. The snows of Burlington, Vermont, can be blamed for Envoy’s mediocre on-time percentage there.
#10. SkyWest Airlines Inc.
- On-time flights: 85%
- Airport with the most delayed flights: Panama City, FL: Northwest Florida Beaches International
Because it serves so many masters—operating flights for American, Alaska, United, and Delta—SkyWest is the busiest regional airline in the U.S. The airline delayed more than 1,300 flights in October 2021 due to a server outage.
#9. Alaska Airlines Inc.
- On-time flights: 84%
- Airport with the most delayed flights: Adak Island, AK: Adak
Alaska is nearly triple the size of Texas, leading many Alaskans to treat flying like most of us treat driving—although blizzards and icy runways can make flying there a challenge.
It’s safe to say that if an airline can make it in Alaska, it can make it anywhere; and Alaska Airlines has indeed “made it” as a major carrier throughout Canada, Mexico, and most of the other 49 states. Among major airlines, only Delta has a lower percentage of delayed flights. True to its roots, Alaska still flies to tiny Adak Island (pop. 326), where frequent delays can be attributed to the Aleutian island’s fierce winds and 173 annual days of fog.
#8. American Airlines Inc.
- On-time flights: 83%
- Airport with the most delayed flights: Lubbock, TX: Lubbock Preston Smith International
No U.S. airline transports more passengers than American. Its on-time performance is not bad, though rivals Delta and Alaska do better. Besides 230 U.S. destinations, the behemoth flies to 121 foreign destinations in 62 countries on every continent except Africa. A recent $42 million renovation of Lubbock Airport may help end its status as the worst destination in the U.S. for delays.
#7. United Airlines Inc.
- On-time flights: 83%
- Airport with the most delayed flights: Aguadilla, PR: Rafael Hernandez
United paid a record $1.9 million fine last year for subjecting the passengers of 25 flights between 2015 and 2021 to lengthy tarmac delays. And it hasn’t exactly improved over the years, slipping from an 85% on-time record (third-best among major U.S. airlines) in 2010 to 83.75% (only seventh-best) in 2020. Delays in the not-so-friendly United skies are most common in Aguadilla, Puerto Rico, because it’s a popular beach getaway city with only one departure gate and a 1930s runway due to be replaced.
#6. Mesa Airlines Inc.
- On-time flights: 81%
- Airport with the most delayed flights: Montgomery, AL: Montgomery Regional
Mesa is a midsized airline that operates jets for American Eagle and United Express. It became America’s first regional airline to exclusively fly large jets in 2010, with most flights transporting passengers from small airports to six U.S. hub cities (Houston, Dallas, Phoenix, Cincinnati, Louisville, and Washington D.C.). If you’re itching to leave Alabama, though, you might need to cool your heels for a while as flight delays leaving Birmingham are common.
#5. Spirit Airlines
- On-time flights: 80%
- Airport with the most delayed flights: Aguadilla, PR: Rafael Hernandez
If Spirit played on a Little League team, it would be awarded the “most improved” trophy. In 2017, it was dead last (68%) among major U.S. airlines for on-time arrivals. Moving up to fifth-worst ain’t bad, though it’s still in the bottom half on our list. It’s America’s largest ultra-low-cost airline and is expected to merge this year with Frontier in a $6.6 billion deal.
#4. Southwest Airlines Co.
- On-time flights: 79%
- Airport with the most delayed flights: Chicago, IL: Chicago O’Hare International
Southwest endeared itself to many loyal passengers with its flexible ticketing policy and free checked bags, but its propensity for delays nearly eclipses those benefits. And it does no worse anywhere in the world than at famously frustrating Chicago O’Hare, where delays are something of a regular occurrence due to snow, severe rain, staffing shortages, and simply too many flights on any given day.
#3. Frontier Airlines Inc.
- On-time flights: 79%
- Airport with the most delayed flights: Newark, NJ: Newark Liberty International
There’s one list that Frontier tops by a wide margin, but you won’t see it in any of the airline’s ads. It was #1 by far in the number of complaints per passenger between July 2020 and September 2021. Those complaints weren’t only about delays, but its on-time record is far from stellar, as you can see by its position in this ranking. Worst-case scenario: Your flight is delayed for hours while you’re stuck in Newark—the U.S. airport with the worst record for delays.
#2. JetBlue Airways
- On-time flights: 75%
- Airport with the most delayed flights: Ontario, CA: Ontario International
Maybe there’s a reason for the name. Too many JetBlue passengers sing the “Jet Blues” while waiting, sometimes for hours, at their boarding gates. The budget airline flies to more than 100 destinations throughout the Americas (as well as London). Its on-time record is hurt by flying mostly to major cities with high air-traffic volume, but so do most of the major airlines that have better on-time stats, which led the Wall Street Journal to declare JetBlue the worst airline in the U.S.
#1. Allegiant Air
- On-time flights: 73%
- Airport with the most delayed flights: Myrtle Beach, SC: Myrtle Beach International
If a baseball team wins 73% of its games, it’s World Series-worthy. But if an airline is only on time 73% of the time, it’s … well, it’s Allegiant, which has a well-deserved reputation for delays and other problems (including an abysmal safety record revealed in a “60 Minutes” segment). In its defense, it’s an ultra-low-cost airline, so you’re essentially paying for the strong possibility that your flight won’t leave on time. On the bright side, if you’re in Myrtle Beach, where delays are most common, you might have time to hit the sand for some extra tanning.
Copyright 2022 Stacker via Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/04/11/airlines-with-most-delays/
| 2022-04-11T19:16:57Z
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Leading Astronaut and NASA Telescope Expert to Share Research and Findings at Free Two-Day Virtual Event
CHARLES TOWN, W.Va., May 16, 2022 /PRNewswire/ -- American Public University System (APUS) and the Policy Studies Organization (PSO) have announced two keynote speakers for the third annual Space Education and Strategic Applications Conference (SESA), to be held virtually September 22-23. The event is free and open to the public; visit here to see the latest event updates.
Dr. Sian Proctor, the first African-American woman to pilot a spacecraft, and Carl Starr, a well-known telescope expert and Mission Operations Manager for NASA, will be keynote speakers at an event which will bring together leaders, innovators, and industry decision-makers to focus on 'Fifty Years from the Moon: The Future of Commercial, Government, and Military Space Exploration.'
The speakers each have decades of experience and have made significant scholarly contributions to space studies. Dr. Proctor is a geoscientist, explorer, space artist, educator, and astronaut who is now the mission pilot for the Inspiration4, the first all-civillian mission to orbit space. She is an analog astronaut, notably leading the all-female SENSORIA Mars 2020 mission at the Hawaii Space Exploration Analog and Simulation (HI-SEAS) Habitat.
"I believe that we all need to strive for a J.E.D.I. space: a just, equitable, diverse, and inclusive space as we advance human spaceflight." said Dr. Proctor. "SESA offers an opportunity for our industry to come together at all levels and explore this mindset from many different, valuable perspectives—because when we solve for space, we also solve for issues on earth."
Starr—a 2020 Goddard Outstanding Public Leadership Medal recipient who earned a bachelor's and master's in Space Studies from American Military University—is now Missions Operations Manager for the James Webb Space Telescope Project at NASA's Goddard Space Flight Center in Greenbelt, Md., and has been part of the team since 2004. In this role, he has been responsible for Observatory operations after the telescope is separated from the launch vehicle.
"In my work with the James Webb Space Telescope Project, I see firsthand the importance of coordinated communication within the space industry, where collaboration is the key to exciting new breakthroughs," said Starr. "The third annual SESA conference is sure to lead to enriching conversations for space professionals, scholars, and students alike as we strive for new answers."
The conference will promote multidisciplinary conversations about issues related to both military and commercial space—at the intersection between science, technology, education, and policy. Conversations on ethics and philosophy will also span the social and political spectrums impacting space studies today. Talks from numerous faculty, students, and guest experts will discuss topics including science, engineering, law, exploration, commercial and military development, education, defense and security, and women in space.
SESA organizer, APUS, through its schools--American Military University and American Public University—offers leading undergraduate and graduate degree programs in Space Studies that align with the growing demand for space professionals across the military, as well as public and private sectors. For instance, APUS offers a remote access experience with its online 24-inch robotic telescope, located in an observatory at APUS's Charles Town, West Virginia campus. The University's Observatory boasts one of the largest telescopes in the region—a Planewave CDK-24 fully remote-controlled telescope—equipped with sophisticated digital cameras to allow for innovative research and exploration within the program.
"As the space industry continues to conquer new frontiers for the private sector as well as the military, American Public University System is proud to lead our third annual SESA conference bringing the brightest minds from industry, government, military, and academia together for critical conversations on pivotal developments," said Dr. Vernon C. Smith, Provost of APUS. "Beyond the SESA conference, APUS remains committed to scholarly work in Space Studies, through our program curriculum and academic quarterly Space Education and Strategic Applications Journal."
Through the APUS Center for Space Studies (CSS), faculty work with students to support the development of a workforce for the growing needs in the space sector – while also coordinating space-related educational research and scholarly publishing activities across the University. APUS also releases a SESA Journal in conjunction with the Policy Studies Organization (PSO), to curate recent insights within the field.
About American Public University System
American Public University System (APUS) delivers accessible and affordable online higher education to adult learners of all backgrounds. APUS, a five-time recipient of Online Learning Consortium's (OLC) Effective Practice Award, offers more than 200 online degree and certificate programs through American Public University as well as American Military University, the #1 provider of higher education to the U.S. military and veterans.* With over 114,000 alumni worldwide, APUS is accredited by the Higher Learning Commission (HLC), an institutional accreditation agency recognized by the U.S. Department of Education. APUS is a wholly owned subsidiary of American Public Education, Inc. (Nasdaq: APEI). For more information, visit www.apus.edu.
*Based on FY 2019 Department of Defense tuition assistance and Veterans Administration student enrollment data, as reported by Military Times, 2020.
CONTACT
Kathleen Liebenberg
Public Relations Manager, APEI
kliebenberg@apei.com
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SOURCE American Public University System
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| 2022-05-16T14:14:38Z
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"Blessing of the Elders" celebrates America's rich spiritual legacy of the Black Church
WASHINGTON, June 27, 2022 /PRNewswire/ -- T.D. Jakes was honored at the Museum of the Bible's Blessing of The Elders event on June 23 to celebrate his accomplishments as both a revered communicator, pastor and global humanitarian. The event honored the Black church's impact in America and how it has pioneered the way for many Americans to hear the message of the Bible.
John Hope Bryant, chairman and CEO of Operation HOPE, led the tribute of Jakes with these words:
"[T.D. Jakes] is the ultimate translator and can communicate to all people, from business to ministry to global philanthropy. On Sunday, his message of hope and love is reaching millions around this globe, and by Monday he's in his director's chair producing some of the most compelling faith-based films and stories. On Tuesday, he's overseeing real estate development that will bring affording housing and economic opportunities to thousands, and by Wednesday he's helping the formerly incarcerated through his [Texas] offender reentry program. Now through his foundation, he's preparing people for the 21st-century workforce. T.D. Jakes is a man who understands the Scripture's charge to 'go into all the world and preach the gospel.' It's an honor to know him and call him friend."
As the senior pastor of The Potter's House, a non-denominational, multicultural church and global humanitarian organization based in Dallas, Jakes has built more than a church. He has built a multi-faceted, faith-based organization whose impact reaches well beyond the pulpit by using business and community outreach as a force for good. Jakes believes that faith is what connects us all – be it faith in a higher power, faith in ourselves, or faith in the goodness of humanity. Jakes' ability to transcend cultural, racial, gender and socioeconomic barriers has transformed him into a guide and global leader for presidents and paupers alike around the world.
John Sharp, chief relations officer at Museum of the Bible, has long said that spiritual renewal in America could come through the Black church. The Blessing of the Elders initiative is intended to honor Black pastors across the U.S. who have been committed to the call of preaching and caring for others. It acknowledges their exceptional contribution as vitally important to the development of America's biblical values.
Along with Jakes, Pastor Shirley Caesar, Bishop Charles E. Blake Sr., Dr. John M. Perkins, Rev. Dr. A. R. Bernard Sr., Dr. Tony Evans, and Bishop Vashti Murphy McKenzie were also honored.
B-roll footage and photos of the event are available.
Jakes will look to make an impact on thousands of women next during his Woman, Thou Art Loosed! conference in Atlanta, Sept. 22-24. The conference brings inspirational and motivational speakers to the stage to help women around the world be loosed from a myriad of strongholds, transforming them into revelations that help women to change the world.
About The Potter's House
Located in Dallas, The Potter's House is a 30,000-member nondenominational, multicultural church and humanitarian organization led by Bishop T. D. Jakes, twice featured on the cover of Time magazine as America's Best Preacher and as one of the nation's 25 Most Influential Evangelicals. The Potter's House has four locations: The Potter's House of Dallas, The Potter's House of Fort Worth, The Potter's House of North Dallas and The Potter's House OneLA.
Media contacts:
Jordan Hora, 214.608.2006
Christine Cape, 404.545.0085
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SOURCE The Potter's House
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https://www.wibw.com/prnewswire/2022/06/27/td-jakes-honored-dc-museum-bible/
| 2022-06-27T21:39:03Z
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FDA clears COVID booster shot for healthy kids ages 5 to 11
(AP) - U.S. regulators on Tuesday authorized a COVID-19 booster shot for healthy 5- to 11-year-olds, hoping an extra vaccine dose will enhance their protection as infections once again creep upward.
Everyone 12 and older already was supposed to get one booster dose for the best protection against the newest coronavirus variants -- and some people, including those 50 and older, can choose a second booster.
The Food and Drug Administration’s authorization now opens a third shot to elementary-age kids, too — at least five months after their last dose.
There is one more hurdle: The Centers for Disease Control and Prevention must decide whether to formally recommend the booster for this age group. The CDC’s scientific advisers are scheduled to meet on Thursday.
Pfizer’s shot is the only COVID-19 vaccine available for children of any age in the U.S. Those ages 5 to 11 receive one-third of the dose given to everyone 12 and older.
Whether elementary-age children need a booster has been overshadowed by parents’ outcry to vaccinate even younger tots, those under 5 -- the only group not yet eligible in the U.S. Both Pfizer and rival Moderna have been studying their shots in the youngest children, and the FDA is expected to evaluate data from one or both companies sometime next month.
For the 5- to 11-year-olds, it’s not clear how much demand there will be for boosters. Only about 30% of that age group have had the initial two Pfizer doses since vaccinations opened to them in November.
But in a small study, Pfizer found a booster revved up those kids’ levels of virus-fighting antibodies -- including those able to fight omicron -- the same kind of jump adults get from an extra shot.
While the coronavirus is more dangerous to adults than to children, youngsters can get severely ill -- and more than 350 children ages 5 to 11 have died, according to CDC’s count.
Adding to public confusion, the CDC estimates 3 out of every 4 U.S. children of all ages have been infected with the coronavirus since the pandemic’s start -- many of them during the winter omicron wave. Still, health authorities urge vaccination even in people who’ve previously had COVID-19, to strengthen their protection.
Vaccination may not always prevent milder infections, especially as omicron and its siblings are better than some prior variants at slipping past those defenses. But health authorities agree the vaccinations continue to offer strong protection against the worst outcomes of COVID-19, including hospitalization and death.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/05/17/fda-approves-covid-booster-children-ages-5-11/
| 2022-05-17T15:40:47Z
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- Proposal does not apply to Eurodollar futures and options that expire before June 30, 2023
- Conversion date aligns with OTC market plans
- Market participants invited to provide feedback until September 30
- SOFR options to be added to portfolio margining solution
CHICAGO, Sept. 6, 2022 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that based on initial client feedback, it is proposing to convert Eurodollar futures and options open interest into corresponding SOFR contracts on April 14, 2023, under the company's previously adopted fallbacks plan. Eurodollar futures and options contracts that expire before June 30, 2023 are excluded from this proposal and will continue to trade until their expiry.
"Our proposed conversion date will help our clients complete their operational work as early as possible in the transition process, while closely aligning with the recently published industry timelines for over-the-counter interest rate swaps," said Agha Mirza, CME Group Global Head of Rates and OTC Products. "SOFR futures and options are now the leading liquidity pool, as open interest has reached 19 million contracts and volume has significantly outpaced Eurodollars. Based on this growth, today's announcement provides a practical timeline by which clients can bring remaining Eurodollar contracts into the SOFR market."
In the month of August, CME Group reported record average daily volume of nearly 2.5 million contracts and record open interest of 19 million contracts for SOFR futures and options contracts. SOFR options had record volume and open interest in August and SOFR futures had record open interest during the same period. Additional highlights include:
Ahead of the final conversion under fallbacks, liquid standard and reduced-tick Inter-Commodity Spread (ICS) instruments are available to facilitate the voluntary conversion of Eurodollar open interest via the SED Spread for futures and the LS Spread for options.
In addition, to further support the deepening of SOFR markets, CME Group plans to add SOFR options to its portfolio margining solution for cleared products in December 2022, subject to regulatory approval. Portfolio margining enables clients to reduce margin requirements by offsetting their exposure on cleared swaps versus interest rate futures and options.
Now among the world's deepest and most consistently liquid markets, SOFR futures and options have broad participation from global banks, hedge funds, asset managers, principal trading firms and other types of traders.
SOFR futures and options are listed with and subject to the rules of CME. For more information, please visit www.cmegroup.com/sofr.
About CME Group
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and, E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc. NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc. COMEX is a trademark of Commodity Exchange, Inc. BrokerTec and EBS are trademarks of BrokerTec Europe LTD and EBS Group LTD, respectively. Dow Jones, Dow Jones Industrial Average, S&P 500 and S&P are service and/or trademarks of Dow Jones Trademark Holdings LLC, Standard & Poor's Financial Services LLC and S&P/Dow Jones Indices LLC, as the case may be, and have been licensed for use by Chicago Mercantile Exchange Inc. All other trademarks are the property of their respective owners.
CME-G
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SOURCE CME Group
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https://www.wibw.com/prnewswire/2022/09/06/cme-group-proposes-april-14-2023-fallbacks-conversion-eurodollar-futures-options-contracts/
| 2022-09-06T11:29:40Z
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- Pointing to a tight physical market, platinum lease rates remain at almost record highs
- Automotive, jewellery and industrial sectors remain resilient despite strong headwinds
- Total supply forecast down 8% in 2022
- Platinum ETF holdings and exchange stocks fall as excess China imports rise
LONDON, Sept. 5, 2022 /PRNewswire/ -- The World Platinum Investment Council (WPIC) today publishes its Platinum Quarterly for the second quarter of 2022, with a revised full year forecast for 2022.
Despite resilience in the automotive, jewellery and industrial sectors, combined with reduced mining and recycling supply, a reduction in ETF holdings and exchange stocks saw a platinum surplus in Q2'22 of 349 koz, and the forecast 2022 surplus increase to 974 koz.
However, despite the surplus, physical market tightness continued throughout the second quarter and remains ongoing. Q2'22 saw the resurgence of exceptionally strong import volumes into China, significantly above identified demand, which were met largely by sizeable flows from platinum ETFs and exchange stocks. These excess imports into China, which are not captured in published supply and demand data, resulted in physical platinum market tightness. This is evidenced by elevated lease rates, that have remained high, peaking at 10% in May, higher even than those seen at the peak of the pandemic and significantly above the ten-year average. This physical market tightness also incentivised the movement of platinum held by exchanges into the spot market to help meet the China import volumes.
Total supply forecast to decline 8% in 2022
Total platinum supply in 2022 is forecast to decline 8% (-626 koz) year-on-year to 7,514 koz. Mining supply in Q2'22 was down 4% as an increase in Russian output, following a recovery from flooding in 2021, offset year-on-year declines in all other producing countries. The issues in the second quarter, combined with the depletion of semi-finished inventory that boosted refined volumes in 2021, will see total mine supply in 2022 decline 7% (-409 koz) year-on-year.
The recycling of platinum from spent autocatalysts fell by a noteworthy 20% year-on-year (-82 koz) in Q2'22, with automotive recycling forecast to be down 15% (-210 koz) in 2022. Driving this was the ongoing semiconductor chip shortage and its impact on new car availability, resulting in consumers being forced to run existing vehicles for longer, thereby reducing the supply of scrapped autocatalysts.
Resilience in automotive, jewellery and industrial sectors
Automotive demand for platinum grew 8% (+50 koz) year-on-year in Q2'22. Although the semi-conductor shortage is ongoing, it is easing and the year-on-year increase reflects higher vehicle production volumes, higher platinum loadings on heavy-duty vehicle (HDV) aftertreatment systems, particularly in China and increased use of platinum in place of palladium in light-duty gasoline vehicles. In China, however, the strict lockdowns that endured during the first six weeks of the quarter weighed on vehicle production. For full-year 2022, platinum automotive demand is expected to increase by 14% (+376 koz) to 3,015 koz.
Jewellery demand improved by 5% (+26 koz) in Q2'22, with most markets aside from a COVID-impaired China, continuing to grow. This was bolstered, in part, by considerable demand in North America and Europe due to more weddings and platinum's price remaining well below the price of gold. Platinum jewellery demand for 2022 is forecast to be 1,959koz – a slight increase on 2021.
Industrial demand saw growth in the petroleum (+17%, +7 koz), medical (+8%, +5 koz), and other industrial (+16%, +21 koz) sectors during the quarter, all of which are forecast to grow in 2022 as a whole. The growth in these sectors is masked within the overall industrial demand forecast for 2022 (-15%, -375 koz), as capacity expansions seen in 2021 in the glass and chemical sectors are not repeated this year.
Mixed investment demand obscured by physical metal flows
Global bar and coin demand strengthened quarter-on-quarter to 70 koz in Q2'22, driven by North American demand which is set to post a new post-COVID high in 2022 of 292 koz. However, in Japan, high yen-denominated platinum prices continued to encourage profit-taking among investors for the second consecutive quarter – albeit at a lower level to the previous quarter. Full-year total bar and coin investment is forecast to reduce by 14% (-47 koz).
For ETF holdings, recessionary fears, rising interest rates and weaker commodity prices were visible this quarter – mirroring the net sales trends seen in gold and silver ETFs. ETF holdings contracted by 89 koz, albeit significantly less than in the previous quarter. Following this trend, ETF holdings are expected to continue to fall in 2022, declining by a total of 550 koz.
Meanwhile, NYMEX and TOCOM warehouse stocks fell by a combined 123 koz over the quarter. This reduction helped meet the flow of physical metal from Western markets to China, and compensate for the reduced availability of refined Russian ingot due to key Russian refineries' loss of London Good Delivery status preventing its typical use. Exchange stocks are forecast to decline by 300 koz for the full year as the physical market tightness and resulting high lease rates, seen in the second quarter, are expected to persist for the rest of the year.
Paul Wilson, CEO of the World Platinum Investment Council, commented:
"The surplus we are forecasting for 2022 must be seen within the context of exceptionally strong imports of platinum into China, which are well above identified Chinese demand and were a feature once again in Q2'22. Importantly, the definition of demand in our projections does not include speculative positions outside of bar and coin, ETFs and exchange stocks, therefore this additional 'demand' from China is not captured in our published demand data. The details of the split for this material between speculative and other demand segments is still yet to become clear, however we anticipate that this will become more apparent over the next 12 months.
"Significantly, the sustained high platinum lease rates we have been seeing throughout 2022 - the highest in ten years and higher even than those seen during the peak of the pandemic when moving materials was extremely challenging - are a clear indication of shortages of physical metal in the market. Furthermore, this already tight market is underpinned by constrained mine and recycle supply, as shown in our published data.
"Despite considerable headwinds in 2022, pockets of platinum demand strength, particularly in the automotive, jewellery and industrial sectors are promising in both the near- and long-term. Platinum's role in unlocking hydrogen's crucial contribution to achieving global net zero targets is becoming widely known, and offers an option to investors looking for exposure to this area. The drive in Europe to reduce gas imports from Russia, as well as the recent passing of the US's Inflation Reduction Act, places greater importance on the need for green hydrogen and provides further incentive for investment in the sector, which benefits platinum directly."
Disclaimer
Neither the World Platinum Investment Council nor Metals Focus is authorised by any regulatory authority to give investment advice. Nothing within this document is intended or should be construed as investment advice or offering to sell or advising to buy any securities or financial instruments and appropriate professional advice should always be sought before making any investment. For further information, please visit www.platinuminvestment.com
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SOURCE The World Platinum Investment Council (WPIC)
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https://www.kxii.com/prnewswire/2022/09/05/wpic-physical-platinum-market-tightness-persists-2022-despite-increased-surplus/
| 2022-09-05T06:27:35Z
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Internationally recognized physician to lead clinical innovation strategy
NEWARK, Del., June 17, 2022 /PRNewswire/ -- Ace Vision Group, Inc, (AVG) an emerging ophthalmic device company focused on bringing innovative touchless lasers to patients suffering from age related vision loss, announced today that Elizabeth Yeu, M.D., partner at Virginia Eye Consultants, has been appointed to the role of chief strategic advisor. In her new position, Yeu will manage AVG's clinical advancement strategy.
As an accomplished and well-respected surgeon, researcher, and educator, Yeu has contributed greatly to the field of ophthalmology throughout her more than 20-year career. Yeu is an avid proponent of novel technologies and disruptive therapeutics that improve the current standard of care for patients. She is recognized and sought after as an industry leader in clinical care and new product development in the ophthalmic surgical and therapeutics spaces.
"I am excited to begin working with AVG in this capacity. I have closely followed the ongoing development of the Laser Scleral Microporation® (LSM) technology which began with restoring the loss of dynamic range of focus (DRoF) related to the manifestation of presbyopia," said newly appointed Chief Strategic Advisor, Yeu. "I have been impressed by the detailed science behind the VisioLite® technology and the clinical results of the multiple LSM studies. The sustainability of the results of each, as well as the consistent reproducible clinical results seen from patient to patient are noteworthy. I am looking forward to serving in this role with AnnMarie Hipsley, DPT, Ph.D. and the AVG executive management team."
AVG is a privately held U.S. ophthalmic medical device company developing Laser Microporation Therapeutic technologies to treat diseases of the aging eye. The LSM technology is a minimally invasive rejuvenation procedure for the treatment of presbyopia, glaucoma, and other eye diseases. Currently, AVG is preparing for the commercialization of its VisioLite ophthalmic laser system, an innovative, first-in-class touchless laser technology offering.
In addition to her clinical practice at Virginia Eye Consultants, Yeu serves on the board of directors for STAAR Surgical, Avellino Lab USA, OSRX Pharmaceuticals, and the Virginia Eye Foundation. She also serves as chief medical advisor for Tarsus Pharmaceuticals and executive board member of CVP Physicians, Mid-Atlantic.
Yeu earned her bachelor's degree in science and completed her M.D. through an accelerated academic program at the University of Florida, Gainesville, and the UF College of Medicine. She completed her ophthalmology residency at Rush University Medical Center in Chicago, Illinois where she served as chief resident. Yeu then went on to Cullen Eye Institute, Baylor College of Medicine in Houston, Texas to complete her fellowship in cornea, anterior segment and refractive surgery where she was as assistant professor. In 2013, Yeu joined Virginia Eye Consultants and became a partner in 2014. She continues her commitment to residency training in ophthalmology as assistant professor at the Eastern Virginia Medical School in Norfolk. She is also the medical director at Virginia Surgery Center.
"At AVG, we are working diligently to pioneer a new area of understanding of the true biomechanical mechanisms that underly the loss of DRoF which typically starts around the age of 40 and beyond," said AnnMarie Hipsley, DPT, Ph.D., Founder and CEO of Ace Vision Group. "We have developed a touchless technology that is outside of the visual axis to address the ocular rigidity caused by age-related crosslinking which manifests as the well-known symptoms of presbyopia. This contributes to progressive visual disability for one of the largest markets in the ophthalmic space. LSM is the first biomechanical solution to address the underlying cause of presbyopia pathogenesis, while also illuminating the potential ocular health benefits of accommodation recovery."
Hipsley continued, "We are extremely fortunate to have Dr. Yeu join our team at this critical time as we translate our VisioLite laser system into the commercial pathway. Her expertise and guidance will be invaluable as we make strategic decisions related to the treatment paradigm platform in order to convert AVG's new technology into clinical practice."
About Ace Vision Group
Ace Vision Group, Inc. (AVG) is a privately held Delaware corporation, established in 2006 to develop laser-based therapeutic technologies to address age-related eye dysfunction and restore the eye's natural biomechanical performance. AVG's Laser Scleral Microporation or LSM, is the only therapeutic eye laser treatment that restores visual function naturally without involving vision correction, artificial implants or devices. The goal of AVG is to provide the field of ophthalmology with innovative devices, procedures and education for the treatment and delay of onset of age-related ocular dysfunction, disability and disease. For more information about Ace Vision Group please visit www.acevisiongroup.com.
Media Contact:
Cassandra Dump
Cassy.dump@precisionvh.com
619-971-1887
Organization Contact:
Emily Zimcosky
ezimcosky@acevisiongroup.com
330-807-1929
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SOURCE Ace Vision
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https://www.kxii.com/prnewswire/2022/06/17/ace-vision-group-appoints-elizabeth-yeu-md-chief-strategic-advisor/
| 2022-06-17T13:53:34Z
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LAWRENCE COUNTY, Ohio (WJW) – Actor and comedian David Koechner was arrested in Ohio on charges of operating a vehicle impaired – the Ohio equivalent to driving under the influence.
Koechner was driving on US-52 in Fayette Township in Lawrence County on Saturday, June 4. On a body camera video, a trooper who pulled him over told another law enforcement officer that the car Koechner was driving rode up quickly behind him and slowed down when he realized it was a trooper.
You can hear the responding trooper say, “I can smell it from here,” on the video as he walks up to the car just before 2 a.m.
Koechner told him he was on his way to Comic Con in Huntington, West Virginia. He had flown into Cincinnati and was driving the rest of the way, he said.
Koechner was scheduled for a photo op at Huntington Comic and Toy Convention on Sunday afternoon.
“I know who you are. I thought that looked like you,” the trooper said while talking to him.
“How much have you had to drink tonight?”
“One,” Koechner said.
“One beer, or one shot of liquor or what?” the officer asked.
“No, no. One beer,” Koechner responded.
The trooper performed several field sobriety tests on Koechner.
The 52-year-old actor was then put in handcuffs.
He told the trooper he had a previous DUI. According to FOX News, Koechner was charged with a DUI and hit-and-run on New Year’s Eve in December 2021 in California.
Koechner is best known for playing sports report Champ Kind in the movie “Anchorman.”
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https://cw33.com/news/anchorman-actor-and-comedian-stopped-for-ovi-in-ohio/
| 2022-06-16T18:59:57Z
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LOS ANGELES, Aug. 3, 2022 /PRNewswire/ -- Allegro Cellars, the modern California premium wine brand celebrating the artistic and edgy lifestyle and experiences of young Hispanics, brought a completely new level of excitement to Los Angeles with a culture-fueled party on Saturday, July 30, atop the Grammy Museum at LA Live.
The first-of-its-kind event featured a special performance by the multi-talented artist Leli Hernandez (@LeliHernandez) and highlighted the upbeat creativity inherent in the Allegro consumer through a live art activation, local fashion pop-up, foodie favorites, dance-inducing music, and the full line of Allegro wines – including the launch of a new product.
"What an incredible feeling to see so much positive energy coming from the audience during my performance, I loved it!" said Leli Hernandez. "A big shout out to Allegro Cellars for bringing beautiful people from all walks of life – foodies, artists, and fashion – to the rooftop for a fun night in Downtown LA."
"Allegro is sparking a new energy in wine for Third-Culture Millennials. Our Hispanic culture is so vibrant, spirited, and exciting, and I wanted to create wines to not only match that but to highlight it. Now we're taking things a step further by creating an event that brings this sentiment to life! So, whether you're at our Block Party or just hanging out with friends in the backyard, Allegro provides an atmosphere for connections, celebration, and alegria, of course!" said Allegro winemaker Karina Arroyo, herself a third-culture millennial who was born and raised in California and is a rising star in the winemaking world.
The Allegro Block Party also brought together some of California's most popular food and lifestyle influencers and writers local to the LA area to experience how these wines represent a reason to connect and celebrate! The evening's theme and visuals offered a true picture of how the appeal of Allegro's brand is quickly growing among culture-creating Hispanics.
Allegro Cellars is a proud Californian wine. We celebrate the diverse spirit of our home, where our grapes connect to the beating heart of our neighborhoods. Our fresh, vibrant, and uplifting wine is our best tribute to the California sol.
Allegro Moscato is a sweet and fragrant wine with orange blossom, apricot, and peach aromas – a well-balanced, sweet, bubbly wine that is full of flavor. Allegro Sweet Red is fresh and fruity, yet balanced with structure and complexity – it is light on the palate, and exploding with bright red fruit plus a little spritz. Allegro Moscato Spritzers has all the fruity freshness of our Moscato, with an even more spritzy energy – perfect for those who crave something light, but still refreshingly flavorful. More about Allegro Cellars: https://allegrocellars.com/.
For more images visit Getty Images at https://www.gettyimages.com/search/2/image?events=775850209
MEDIA CONTACTS:
Stephen Chavez
On behalf of Allegro Cellars
Stephen@chavezpr.com
310-486-4104
Christine Moll
Chief Marketing Officer for Allegro Cellars
cmoll@oneillwine.com
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https://www.mysuncoast.com/prnewswire/2022/08/03/allegro-cellars-brings-new-energy-wine-hispanic-consumers-through-allegro-block-party-featuring-multi-talented-star-leli-hernandez/
| 2022-08-03T16:10:37Z
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AUSTIN, Texas, July 28, 2022 /PRNewswire/ -- Public opinion on medical cannabis is changing in the Lone Star State. 64% of Republican primary voters in Texas favor legalizing medical marijuana prescribed by a physician for serious medical conditions, according to a recently conducted Baselice & Associates, Inc survey.
The survey also found that 72% of Republican primary voters in Texas favored allowing physicians to prescribe medical marijuana as an alternative to opioids for treating chronic pain patients.
Michael Baselice of Baselice & Associates, Inc says, "These survey results show that large majorities of Texas Republicans favor the use of medical marijuana for serious medical conditions, including for the treatment of patients with chronic pain."
75% of the nearly 92,000 drug overdose deaths in the United States in 2020 involved an opioid, according to the Center for Disease Control. In Texas, the Texas Medical Association reported an 18% increase in drug overdoses from 2020 to 2021.
"I was prescribed six pharmaceutical drugs, including opioids, following my cancer treatment. By accessing medical cannabis, I didn't have to use any of them," said Dorothy Paredes, a three-time cancer survivor and Austin resident. "Medical cannabis drastically reduced my post-treatment symptoms and aided my healing process—including helping me manage loss of appetite, pain and nausea. I want every Texan experiencing these symptoms to have access to safe, legitimate alternatives to opioids."
Currently, the Texas Compassionate Use Program (CUP) does not include chronic pain in its list of eligible conditions. Instead, physicians typically use over-the-counter pain relievers and opiates to treat pain. Eligible CUP patients include Texans diagnosed with cancer, PTSD, multiple sclerosis, seizure disorders, spasticity, amyotrophic lateral sclerosis, autism, and incurable neurodegenerative disorders.
Texas Original, one of Texas' three licensed medical cannabis providers, contributed to the survey questions. To learn more about the Compassionate Use Program, click here. To learn whether you or a loved one qualifies for medical cannabis, click here.
Texas Original is the leading licensed medical cannabis producer in Texas, working alongside physicians to provide the highest quality cannabis medicine to patients and families seeking relief across the state. As fellow Texans, we are dedicated to representing the integrity of this great state with our commitment to quality, consistency and purity in every product we produce. We remain committed to advancing safe, legal access to this powerful medicine. Texas Original is headquartered in Austin, with delivery throughout the entire state. For more information, visit www.texasoriginal.com.
Media Contact:
Jennifer Kendall, 480-518-5075
JKendall@themach1group.com
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https://www.mysuncoast.com/prnewswire/2022/07/28/texas-original-survey-says-texas-gop-voters-support-medical-cannabis-treatment-chronic-pain/
| 2022-07-28T14:17:33Z
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NEW YORK, June 15th 2022 /PRNewswire/ -- The powerhouse microbiome skincare brand that launched in August 2021, Shielded Beauty, is expanding its retail distribution at Nordstrom beginning June 2022.
Created as a result of noticing a lack of purifying and protective skincare during the pandemic, Shielded Beauty offers a selection of innovative skincare products that nourish, smooth and feed skin healthy nutrients while protecting the microbiome (the skin's ecosystem) from free radicals, airborne pathogens, blue light and more. The products are formulated with clean, effective ingredients including the patent-pending Guardian Complex™ which is a blend of Silver Citrate, Zeolite and Citric Acid that works as a magnet to attract & remove impurities, leaving behind skin that is exceptionally clean.
"Nordstrom is such a dynamite retailer with a discerning clientele and I am so thrilled that we can now provide shoppers with effective skin protection and nourishment." Says Sonia Summers, Founder of Shielded Beauty, "Your skin is the first line of defense between you and harsh environmental factors and it is essential you protect your microbiome with clean products that perform. Now, more skincare enthusiasts will be able to experience the performance of Shielded Beauty!"
Shielded Beauty is a B-corp company, its products are clinically validated, vegan and cruelty-free. The line includes: Feeding Frenzy Prebiotic Cleanser, Self-Defense Super Charged Moisturizer, Night Life "Live" Probiotic + HA Serum, Skin Guardian SPF 30, Face the Day Purifying Mist, Hand & Body Shield Purifying Lotion and the Self Defense Kit. Prices range from $32 - $55.
Follow Shielded Beauty on Instagram and Facebook.
Shop Shielded Beauty at nordstrom.com and shieldedbeauty.com.
About Shielded Beauty: Before founding Shielded Beauty, Sonia Summers worked and represented global beauty brands including L'Oreal, Avon, and PerriconeMD. Sonia was inspired by lack of purifying beauty products during the COVID pandemic and decided to create the products she was looking for herself. Shielded Beauty offers innovative, scientifically backed and tested products that repair, defend, and protect the skin's microbiome for optimal skin and health. Shielded Beauty is a certified B-Corp, meaning it meets high standards of verified performance, accountability, and transparency on factors from employee benefits and charitable giving to supply chain practices and input materials.
PR Contact:
Kristen Long
kristen@kristenlongcommunications.com
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https://www.kxii.com/prnewswire/2022/06/15/shielded-beauty-expands-retail-distribution/
| 2022-06-15T16:18:05Z
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Walmart program will turn college grads into managers making $200,000 a year
(CNN) – A job that pays upwards of $200,000 a year? Walmart now has them.
The company is trying out a new program called “College 2 Career.”
About 1,000 current Walmart workers who are recent college grads or soon-to-be grads can get a little extra classroom training along with hands-on experience and mentoring.
The top performers will get a newly created store management position called “emerging coach,” with a starting pay of $65,000 a year and a raise to about $200,000 within two years.
Due to the current tight job market, this is just one of the ways Walmart is trying to recruit and hold on to workers.
The company also just raised its pay for long-haul truck drivers and has offered to cover 100% of college tuition for its workforce.
Copyright 2022 CNN Newsource. All rights reserved.
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https://www.kxii.com/2022/05/18/walmart-program-will-turn-college-grads-into-managers-making-200000-year/
| 2022-05-18T18:15:58Z
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PITTSBURGH, June 22, 2022 /PRNewswire/ -- "I thought there could be a better way to evenly distribute hair growth oils and other deep penetrating treatment onto the scalp without removing hair extensions, braids, or wigs," said an inventor, from Lake Mary, Fla., "so I invented the MAI COMB. My design would offer a viable alternative to traditional application methods."
The patent-pending invention provides an effective way to dispense oil and other treatments onto the scalp. In doing so, it enables the user to treat a dry, itchy scalp when wearing braids, extensions, a wig or dreadlocks. As a result, it saves time and effort and promotes healthy hair growth. The invention features a versatile design that is easy to use so it is ideal for individuals with braids, wigs, dreadlocks, etc. Additionally, it is producible in design variations and a prototype model is available upon request.
The original design was submitted to the Orlando sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-ORC-115, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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https://www.kxii.com/prnewswire/2022/06/22/inventhelp-inventor-develops-product-dispense-scalp-treatments-orc-115/
| 2022-06-22T15:50:01Z
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NEW YORK, June 10, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Natera, Inc. (NASDAQ: NTRA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/natera-inc-loss-submission-form/?id=28314&from=4
This lawsuit is on behalf of a class of all persons and entities who purchased or otherwise acquired Natera common stock between February 26, 2020, and April 19, 2022, inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until June 27, 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, Natera, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company's non-invasive prenatal test, Panorama, was not reliable and resulted in high rates of false positives; (2) the Company's screening test for kidney transplant failure, Prospera, did not have superior precision compared to competing tests; (3) as a result of defendants' false and misleading claims about Natera's technology, the Company was exposed to substantial legal and regulatory risks; (4) Natera relied upon deceptive sales and billing practices to drive its revenue growth; and (5) as a result of the foregoing, defendants' statements about the company's business, operations, and prospects 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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https://www.mysuncoast.com/prnewswire/2022/06/10/ntra-shareholder-alert-jakubowitz-law-reminds-natera-shareholders-lead-plaintiff-deadline-june-27-2022/
| 2022-06-10T10:02:19Z
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Fact check: Debunking false viral tweets about Abbott and Cruz after Texas mass shooting
By Daniel Dale, CNN
In the wake of the Tuesday mass shooting at an elementary school in Texas, Twitter users went viral by making false claims about two of the state’s most prominent politicians: Gov. Greg Abbott and Sen. Ted Cruz, both Republicans.
False claim about a threat from Abbott’s office
On Thursday, a Twitter account going by the handle “My Cancer Journey” posted a three-tweet tale that was shared tens of thousands of times by others on Twitter before it was deleted.
The tweets purported to be written by someone whose nephew was shot in the massacre at Robb Elementary School. The tweets claimed that an Abbott representative knocked on their door, shortly after they returned home from identifying their nephew’s body, and that this representative “informed us he’s willing to pay us to stand with the Gov and say we don’t need stronger gun laws.”
The tweets claimed that the governor’s representative then threatened them with “charges and possibly worse” if they spoke about the conversation — then that the representative even said that “people get hurt and disappear all the time.”
In total, the three tweets were retweeted or quote-tweeted more than 67,000 times and liked more than 240,000 times. Many of these shares were from liberals opposed to Abbott and Cruz. While some wondered if the story was real or not, others took it as authentic.
Facts First: The viral story about Abbott is fake. The “My Cancer Journey” account deleted the three viral tweets on Friday, then the account was taken offline entirely. The man behind the account insisted in a brief Friday phone interview with CNN that an unknown person who had somehow gained access to the account had posted the tweets as a “hoax.” But the man refused to explain a series of past tweets, from long before the Uvalde massacre, in which he made a wide variety of other sensational and highly dubious claims about his life.
Abbott spokesperson Renae Eze said in an email: “This did not happen and would never be allowed to happen.” She said Abbott would never permit a staffer to show up unannounced at a grieving family’s door in the first place.
Speaking Friday in a distraught tone, the man behind the account claimed that he and an attorney were trying to figure out who was the real poster of the tweets. He also claimed that they had reported the supposed account intrusion to “authorities” he did not identify.
Rachel Millman, the social media editor at New York publication Observer, did much of the research into the history of suspect claims from the “My Cancer Journey” account. Various others on Twitter also raised questions about the account before CNN reached the man on Friday.
False claim about Cruz’s tweets
Another Twitter user accused Cruz of having tweeted the exact same three sentences after 12 different mass shootings, changing only the location each time.
This tweet, from a user who goes by “chavito” on Twitter and rap stage name Cali Kev, generated more than 17,000 retweets and quote-tweets, plus more than 43,000 likes.
“Chavito” wrote, “These mass shootings happen so much that Ted Cruz really got a template ready to tweet whenever they occur” — adding an expletive and calling the situation “wild.”
The viral tweet featured a collage of 12 images that showed Cruz supposedly tweeting the same words over and over: “Heidi & I are fervently lifting up in prayer the children and families in the horrific shooting in [location]. We are in close contact with local officials, but the precise details are still unfolding. Thank you to heroic law enforcement & first responders for acting so swiftly.”
Facts First: Eleven of the 12 supposed Cruz tweets in the viral collage are fake. Cruz did tweet those three sentences after the mass shooting in Uvalde, but not after any other incident.
The man behind the “chavito” account did not respond to a request for comment. Cruz’s office confirmed that the senator tweeted this message in response to the Uvalde massacre but not in response to any others.
Some other Twitter users slammed Cruz for using some similar language, about prayer and law enforcement, in his tweets about some past shootings. That’s fair game. But the allegation in the viral tweet was that he has used the same three full sentences after 12 shootings, and that’s just not true.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://localnews8.com/politics/cnn-us-politics/2022/05/28/fact-check-debunking-false-viral-tweets-about-abbott-and-cruz-after-texas-mass-shooting-2/
| 2022-05-28T17:07:55Z
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Company announces partnership with IICA, presence at Aspen Ideas: Climate
MIAMI, May 5, 2022 /PRNewswire/ -- Climatecoin, the creator of the world's first regulated digital carbon asset, announced its soft launch at an investor event in Miami on April 23. The event featured remarks from special guests Francis X. Suarez, Mayor of Miami, and Kristin Smith, executive director at the Blockchain Association, as well as a keynote address from Javier Manzanares, recently announced co-CEO of Climatecoin. The event boasted more than 250 attendees from across the world, including government and business leaders from the U.S., Colombia, Panama, Ecuador, Uruguay, Argentina and the Dominican Republic. Climatecoin today also announced a new partnership with the Instituto Interamericana de Cooperación para la Agricultura (IICA) and its upcoming presence at Aspen Ideas: Climate.
"As an epicenter for climate change and a leader in the burgeoning crypto movement, Miami offered the perfect venue to introduce Climatecoin and its transformative potential to the world," said Javier Manzanares, co-CEO of Climatecoin. "Today marks the beginning of a global investment movement that will help neutralize and reverse Earth's climate threat by democratizing climate finance and harnessing the power of technology and global collaboration to deliver real climate solutions."
Coinciding with the soft launch, Climatecoin signed a new deal with the Instituto Interamericana de Cooperación para la Agricultura (IICA). The IICA stimulates, promotes and supports the efforts of its 34 member countries, including the U.S., to achieve their agricultural development and rural well-being goals. Through the tokenization of carbon credits via Climatecoin's proprietary digitalization technology, the partnership highlights the contribution of 1.8 billion tons of CO2 in Agriculture, Forestry and Other Land Use (AFOLU) across 32 countries in the Americas, excluding the U.S. and Canada, for potential offsets in sustainable projects.
"Our partnership with the IICA is momentous for Climatecoin as well as for the projects and people the IICA supports," said Pedro López, cofounder and co-CEO of Climatecoin. "It will enable a new level of global coordination and cooperation that will strengthen the resilience of rural territories, fuel sustainable economic growth, improve international and regional trade and contribute to the wellbeing of rural communities around the world."
Climatecoin has also signed a separate Cooperation Agreement with the provincial government of La Rioja, Argentina, which will make available 1.5 million hectares of native forests for tokenization through Climatecoin.
As Climatecoin prepares for a hard launch in the fall, executives from the company will be on site at Aspen Ideas: Climate, running from May 9 - 12 in Miami Beach, Fla. Francisco Benedito, cofounder and chairman of Climatecoin, will participate in a conversation with other climate leaders to introduce Climatecoin's innovative, sustainable and transparent platform at an adjacent event hosted by Reefline, in partnership with Faena Art, at the Faena Forum in Miami on May 11. The event is open to media and the public.
About Climatecoin
Climatecoin is the creator of the world's first regulated digital carbon asset. Run on a carbon neutral blockchain and backed by high-quality carbon credits, Climatecoin will fund credible and impactful decarbonization projects across the globe, providing investors and climate advocates with a meaningful investment to offset their carbon footprints. The company aims to unleash a global investment movement to neutralize and reverse Earth's climate threat by democratizing climate finance. Learn more at climatecoin.com.
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https://www.wibw.com/prnewswire/2022/05/05/climatecoin-investor-event-attracts-government-business-leaders-across-world/
| 2022-05-05T13:46:00Z
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ROME (AP) — At 37, John Isner is just happy to be back on tour in Europe with his wife and three kids.
No longer dreaming of a Grand Slam title, he’s trying to make the back end of his tennis career not seem “like such a job” and make it “fun.”
Yet there’s serious business coming up Wednesday with a second-round match against 10-time champion Rafael Nadal in the second round at the Italian Open.
And get this: Isner believes he has a chance against the holder of a record 21 Grand Slam titles.
While Isner has only beaten Nadal once in eight previous meetings — and that lone win came indoors — the big-serving American pushed Nadal to five sets at the 2011 French Open.
“This is a very cool opportunity for me,” Isner said an interview with The Associated Press on Tuesday. “At 37, I get another crack at one of the all-time greats.”
“In my estimation and I think Rafa would say it, too, he’s not playing the best he’s ever played,” Isner added. “He’s been hurt and he’s just coming back. So he maybe doesn’t have his full complement of confidence that he’s used to. So maybe I can try to take advantage of that.”
The 6-foot-10 Isner certainly looked confident in a 6-4, 6-3 first-round win over Miami Open semifinalist Francisco Cerundolo.
Nadal, meanwhile is preparing to play his second tournament since returning from a rib stress fracture that kept him out for six weeks. Nadal was beaten by Spanish teenager Carlos Alcaraz in the Madrid Open quarterfinals last week.
In other action on the red clay courts of the Foro Italico, five-time champion Novak Djokovic looked solid in a 6-3, 6-2 win over Aslan Karatsev in his opening match.
Djokovic missed several key tournaments earlier this year because he was not vaccinated against the coronavirus — which led to him being deported from Australia ahead of the year’s first Grand Slam.
Still seeking his first title of 2022, Djokovic showed off some vintage scrambling abilities late in the first set when he ran down one shot near the net post then sprinted back across the net to dig out a low backhand volley winner.
“You always hope you can play some exciting and attractive points and come out as a winner of those points and celebrate with the crowd,” Djokovic said. “That’s what the crowd is looking for — they’re looking for energy, excitement, fight and they want to see some good tennis.
“It’s always great to play in the colosseum of tennis,” Djokovic added.
In a women’s matchup of two U.S. Open champions, Bianca Andreescu advanced when Emma Raducanu retired due to a lower back injury with Andreescu ahead 6-2, 2-1.
Isner recently won doubles titles at Indian Wells and Miami with partners Jack Sock and Hubert Hurkacz, respectively.
“I’ve been spending a lot of time on the match court and I haven’t been spending much time on the practice court, which is exactly how I would I would want to have it,” said Isner, who is back in Rome after missing the Italian Open the last two years during the pandemic.
“I like the fact that the match was about an hour and a half today,” Isner said. “So I don’t think it took too much out of me.”
Isner is also playing in an eye-catching doubles partnership in Rome with the diminutive Argentine Diego Schwartzman — who is 15 inches shorter than him. They won their opening match on Monday.
“Does make for a good photograph,” Isner said. “And on top of that, I think we’re pretty good.”
Including Isner, there were eight Americans in the singles draw at the start of the tournament — matching host Italy for the most players from any country. Jenson Brooksby, Tommy Paul and Marcos Giron also reached the second round.
“American men’s tennis, I can truly say right now, is definitely on the upswing,” Isner said.
So is Isner, still ranked in the top 30, contemplating retirement?
“No, not right now. But it’s certainly weird seeing a lot of my contemporaries retire or about to retire,” he said, mentioning Jo-Wilfried Tsonga, Kevin Anderson and Juan Martin del Potro — who have all retired recently or plan to soon.
“I’m still ranked relatively high and still seeded at Grand Slams and I’m still hungry,” Isner added. “So I want to try to keep it going.”
Up next for Isner will be his 53rd Grand Slam tournament at the French Open, which starts May 22.
First, though, he’ll take his family for a little break on the Spanish island of Mallorca.
“Going to rent a place on the beach and just enjoy it,” he said. “I am trying to make it very, very fun and I’m doing that with my family here.”
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More AP Tennis: https://apnews.com/hub/tennis and https://twitter.com/AP_Sports
___
Andrew Dampf on Twitter: www.twitter.com/AndrewDampf
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https://cw33.com/sports/ap-sports/djokovic-wins-opener-at-italian-open-with-vintage-scrambling/
| 2022-05-11T15:42:24Z
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McDonald’s era in Russia coming to a close, restaurants sold
(AP) - McDonald’s has begun the sale of its restaurants in Russia 30 years after the burger chain became a powerful symbol of easing of Cold War tensions between the United States and Soviet Union.
The Chicago burger giant said its existing licensee Alexander Govor, who operates 25 restaurants in Siberia, has agreed to buy McDonald’s 850 Russian restaurants and operate them under a new name. McDonald’s did not disclose the terms of the sale.
McDonald’s was among the first Western consumer brands to enter Russia in 1990. Its large, gleaming store near Pushkin Square in Moscow signaled a new era of optimism in the wake of the Cold War shortly after the fall of the Berlin Wall.
The company shuttered its Russian locations in March because of Russia’s invasion of Ukraine, a decision the company said cost it $55 million per month. On Monday, McDonald’s announced it would sell those stores and leave Russia.
It’s the first time the company has “de-arched,” or exited a major market. It plans to start removing golden arches and other symbols and signs with the company’s name. McDonald’s said it will also will keep its trademarks in Russia and take steps to enforce them if necessary.
The sale announced Thursday is subject to regulatory approval and is expected to close within a few weeks, McDonald’s said.
Govor, a licensee since 2015, has also agreed to retain McDonald’s 62,000 Russian employees for at least two years on equivalent terms. Govor also agreed to pay the salaries of McDonald’s corporate employees until the sale closes.
McDonald’s left open the possibility that it could one day return to Russia.
“It’s impossible to predict what the future may hold, but I choose to end my message with the same spirit that brought McDonald’s to Russia in the first place: hope,” CEO Chris Kempczinski wrote Monday in a letter to employees. “Thus, let us not end by saying, ‘goodbye.’ Instead, let us say as they do in Russian: Until we meet again.”
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/05/19/mcdonalds-era-russia-coming-close-restaurants-sold/
| 2022-05-19T15:30:07Z
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Flags placed at at Sherman vet memorial park
SHERMAN, Texas (KXII) - As we begin Memorial Day weekend, vets around Texoma are already paying respects to fallen heroes.
A group came out to Ely Park in Sherman Friday morning to place flags at each memorial stone around its perimeter.
They observed the national anthem and taps, and took the time to remember and honor those locally who have paid the ultimate price of a service member.
Ronald Engelke is very active this time of year with leading memorial events and opportunities to honor vets.
“To me it’s important to honor our veterans, to also show the country that hey we do care about you because they are out there and protecting us day and night. And if they know that we are honoring them back here then they may try to come home safe,” said Engelke, who is with the Military Vehicle Preservation Association.
On Monday there will be a ceremony at Sherman’s West Hill Cemetery at 10 a.m. Also at 10 a.m. a Memorial Day parade in Denison.
Copyright 2022 KXII. All rights reserved.
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https://www.kxii.com/2022/05/28/flags-placed-at-sherman-vet-memorial-park/
| 2022-05-28T01:16:12Z
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HARTFORD, Conn. (AP) — A new lawsuit has exposed a deep rift between two of Paul Newman’s daughters and the late actor’s charitable foundation funded by profits from the Newman’s Own line of food and drink products.
The daughters, Susan Kendall Newman and Nell Newman, allege their own charity organizations are both supposed to receive $400,000 a year from the Newman’s Own Foundation under a mandate by their father, but the foundation has cut those payments in half in recent years.
They filed a lawsuit Tuesday in state court in Stamford, Connecticut, seeking $1.6 million in damages to be donated to their foundations for charitable giving.
The daughters say their father, who started Newman’s Own Foundation three years before he died in 2008, allowed the foundation to use his name and likeness — but only on several conditions including giving each of the two daughters’ foundations $400,000 a year.
Susan Kendall Newman, who lives in Oregon, and Nell Newman, of California, worry the foundation is setting the stage to completely remove them from having any say in how some of profits from Newman’s Own products are donated to charities. They also accused the foundation of “contradicting” their father’s wishes and intentions for years.
“No one should have to feel that the legacy of a departed loved one is being dishonored in the way that Newman’s Own Foundation has disregarded the daughters of Paul Newman,” Andy Lee, a New York City attorney for the daughters, said in a statement.
“This lawsuit does not seek personal compensation for Mr. Newman’s daughters, but simply seeks to hold (Newman’s Own Foundation) accountable to the charities they have shortchanged in recent years and would ensure they receive an increased level of support in the future, in line with Mr. Newman’s wishes,” he said.
Newman’s Own Foundation has not yet filed a response to the lawsuit in court but has released a statement.
“Best practices surrounding philanthropic organizations do not allow for the establishment of perpetual funding allotments for anyone, including Nell and Susan Newman,” the statement said. “A meritless lawsuit based on this faulty wish would only divert money away from those who benefit from Paul Newman’s generosity.”
The foundation added, “While we expect to continue to solicit Newman family recommendations for worthy organizations, our funding decisions are made each year and will continue to reflect the clear aim of Paul Newman and our responsibility to the best practices governing private foundations.”
Paul Newman, who lived in Westport with his wife, actor Joanne Woodward, created the Newman’s Own brand in 1982, with all profits going to charities. Today the product line includes frozen pizza, salsa, salad dressings and pasta sauces, as well as dog food and pet treats.
In his will, Paul Newman left his assets to his wife and Newman’s Own Foundation.
Newman’s Own, the products company, is a subsidiary of Newman’s Own Foundation, a nonprofit organization. The foundation says more than $570 million has been given to thousands of charities since 1982.
According to 2020 tax records, the foundation had more than $24 million in income and paid out $11.5 million in contributions, gifts and grants. Operating and administrative expenses totaled nearly $4.5 million.
According to his daughters’ lawsuit, Newman’s Own Foundation wrote to them only four days after their father’s death, saying it would reserve the right to stop allocating funds to charities identified by the daughters. The lawsuit says that contradicted Paul Newman’s explicit instructions to the foundation.
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https://cw33.com/business/ap-business/ap-paul-newmans-daughters-sue-late-actors-charity-foundation/
| 2022-08-25T11:59:31Z
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Industry-Leading Safety Company Unveils Environmentally Friendly BumperSign Solar
DANVERS, Mass., Aug. 4, 2022 /PRNewswire/ -- Safety experts McCue Corporation released its latest sustainable sign: BumperSign Solar. BumperSign Solar is a high-strength signage solution powered by solar energy.
Designed for busy parking lots, BumperSign Solar guides pedestrian traffic, online pickup, and specialized pickup options. It provides high visibility in darkness and automatically lights up at dusk.
This eco-friendly sign is designed using LED-batteries connected to a solar panel and rechargeable batteries, so it will generate power virtually anywhere and turn on every night.
"Designing an energy efficient signage solution is another step to helping our customers save on energy costs and help protect the planet," says Product Engineer Matt O'Brien.
Reusable and energy efficient, once installed, it will continue to charge itself through capturing sunlight and converting it into battery power. Even when there's no sunlight, its technology system can power the sign for up to 5 nights without receiving a charge.
With a strong, innerspring core, BumperSign Solar can withstand bumps and impacts in the parking lot. It's engineered to endure all the elements — with a self-draining design for snow and rain — to save customers from any maintenance costs.
Its modern design and customizability allow businesses to extend their brand all the way to the parking lot, making a cohesive and positive customer experience. It also has easy-to-customize illuminated nameplates that adhere to the sign to ensure branding will stand out.
It installs in 15 minutes or less, creating an organized and safe parking lot experience. No matter the layout of your parking lot, it can be placed almost anywhere, and it does not require the same power-grid consideration as traditional signs do — no excavating or power lines required.
BumperSign Solar will be available for orders starting September 2022.
McCue, a company with over 31 years of safety and damage prevention experience, has roots across the world. With offices in the U.S., China, and the UK, the company's main purpose is to make retail spaces and distribution centers work better and safer. Their innovative products are what make them leaders in the industry, and they're why customers continue to choose them for all their safety needs.
If you would like more information about this product, please contact McCue's Industrial Safety Barrier Team at (800) 800-8503 or email cservices@mccue.com.
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SOURCE McCue Corporation
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https://www.mysuncoast.com/prnewswire/2022/08/04/mccue-corporation-releases-sustainable-solar-powered-signage/
| 2022-08-04T10:24:30Z
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VANCOUVER, BC and BOSTON, April 22, 2022 /PRNewswire/ -- Imagin Medical (CSE: IME) (OTCQB: IMEXF) (Frankfurt & Stuttgart Symbol: DPD2) ("Imagin" or the "Company") today announced today that, pursuant to the Company's Stock Option Plan, an aggregate of 472,187 shares have been granted to certain employees, board members and consultants as incentive stock options at an exercise price of $0.28 USD per share. The options are exercisable for a period of five years, ending on April 22, 2027.
About Imagin Medical
Imagin Medical is a surgical imaging company focused on advancing new methods of visualizing cancer during minimally invasive procedures. The Company believes its first product, the i/Blue™ Imaging System, with its proprietary optics and light sensors, will greatly increase the efficiency and accuracy of visualizing bladder cancer for better resection. The Company's initial focus is bladder cancer. Learn more at www.imaginmedical.com.
Forward-Looking Statement
Information set forth in this news release contains forward-looking statements. These statements reflect management's current estimates, beliefs, intentions and expectations; they are not guarantees of future performance. The Company cautions that all forward- looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Specifically, there is no assurance the Company's imaging system will work in the manner expected. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information. The CSE has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.
Contacts:
Jim Hutchens, President & CEO
jhutchens@imaginmedical.com
John Vacha, CFO
jvacha@imaginmedical.com
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SOURCE Imagin Medical, Inc.
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https://www.mysuncoast.com/prnewswire/2022/04/22/imagin-medical-announces-stock-option-grants/
| 2022-04-23T00:33:32Z
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AUSTIN, Texas, Aug. 4, 2022 /PRNewswire/ -- Aviat Networks, Inc. (NASDAQ: AVNW), the leading expert in wireless transport solutions, announced today that it will release its fourth quarter fiscal 2022 and full year financial results for the period ended July 1, 2022, on August 23, 2022, after the market closes.
The Company will host an earnings conference call and webcast to discuss its financial and operational results on the same day, beginning at 5:00 p.m. ET. Participating on the call will be Pete Smith, President and Chief Executive Officer, and David Gray, Chief Financial Officer.
Interested parties may access the conference call live via the webcast through Aviat Network's Investor Relations website at https://investors.aviatnetworks.com/events-and-presentations/events, or may participate via telephone by registering using this online form. Once registered, telephone participants will receive the dial-in number along with a unique PIN number that must be used to access the call. A replay of the conference call webcast will be available after the call on the Company's investor relations website.
About Aviat Networks, Inc.
Aviat Networks, Inc. is the leading expert in wireless transport solutions and works to provide dependable products, services and support to its customers. With more than one million systems sold into 170 countries worldwide, communications service providers and private network operators including state/local government, utility, federal government and defense organizations trust Aviat with their critical applications. Coupled with a long history of microwave innovations, Aviat provides a comprehensive suite of localized professional and support services enabling customers to drastically simplify both their networks and their lives. For more than 70 years, the experts at Aviat have delivered high-performance products, simplified operations, and the best overall customer experience. Aviat Networks is headquartered in Austin, Texas. For more information, visit www.aviatnetworks.com or connect with Aviat Networks on Twitter, Facebook and LinkedIn.
Investor Contact
Andrew Fredrickson
Director, Corporate Development and Investor Relations
(408) 501-6214
andrew.fredrickson@aviatnet.com
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SOURCE Aviat Networks, Inc.
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https://www.wibw.com/prnewswire/2022/08/04/aviat-networks-sets-date-its-fiscal-2022-fourth-quarter-full-year-financial-results-announcement-conference-call/
| 2022-08-04T20:51:56Z
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HOUSTON, Aug. 22, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK), a leader in technology-driven specialty green chemistry solutions will participate in a Fireside Chat hosted by Water Tower Research on Thursday, August 25th at 1:00 p.m. central time. Those interested are welcome to join us at the link below.
About Flotek Industries, Inc.
Flotek Industries, Inc. creates solutions to reduce the environmental impact of energy on air, water, land and people. A technology-driven, specialty green chemistry and data company, Flotek helps customers across industrial, commercial, and consumer markets improve their Environmental, Social, and Governance performance. Flotek's Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality cleaning, disinfecting and sanitizing products for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its real-time data platforms and green chemistry technologies. Flotek serves downstream, midstream, and upstream customers, both domestic and international. Flotek is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK." For additional information, please visit www.flotekind.com.
Forward-Looking Statements
Certain statements set forth in this press release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this press release. Although forward-looking statements in this press release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Further information about the risks and uncertainties that may impact the company are set forth in the Company's most recent filing with the Securities and Exchange Commission on Form 10-K (including, without limitation, in the "Risk Factors" section thereof), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect, any event or circumstance that may arise after the date of this press release.
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SOURCE Flotek Industries, Inc.
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https://www.kxii.com/prnewswire/2022/08/22/flotek-participate-water-tower-research-fireside-chat/
| 2022-08-22T23:58:41Z
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Bartow man dies after boating accident in Polk County
POLK COUNTY, Fla. (WWSB) - A Bartow man drowned following a boat accident in a Mulberry pond during a fishing trip.
Officials say he and another man fell from a small aluminum boat while fishing.
The body of Bruce Morgan, 62, was recovered by divers from the Polk County Sheriff’s Office Underwater Search and Rescue Team just before 9 p.m.
The other man was identified as William Franklin, 50, from Mulberry. He told deputies that he attempted to help Morgan but started to become entangled in the thick underwater vegetation.
“This is such a tragedy…our prayers are with Mr. Morgan’s family and friends. What makes this drowning more tragic is that it could have been avoided with the required safety equipment such as life jackets or floatation devices. I cannot stress enough how important it is for each person on a watercraft to have some sort of safety equipment to help keep them afloat in situations like this.” said Sheriff Grady Judd.
Deputies and Polk County Fire Rescue were dispatched at around 4:47 p.m. Wednesday to the pond which is located north of Arnaz Drive.
Divers located the boat approximately 50 yards off shore in about 12 feet of water.
Morgan was found about 20 yards from shore in about 9 feet of water.
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/07/07/bartow-man-dies-after-boating-accident-polk-county/
| 2022-07-07T18:34:11Z
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Allied's range of industrial networking solutions includes IT and OT engineered to expand connectivity, improve data collection and transfer, enhance analysis and control capabilities, minimize equipment downtime and capitalize on the numerous advantages of Industry 4.0.
FORT WORTH, Texas, June 22, 2022 /PRNewswire/ -- Allied Electronics & Automation, a trading brand of RS Group plc (LSE: RS1), a global omni-channel provider of product and service solutions, offers more than 2,100 ready-to-ship industrial networking solutions from trusted suppliers including Endress+Hauser, Brainboxes, LAN Power and Real Time Automation (RTA).
Industrial networking solutions include both information technology (IT) and operational technology (OT) and enable operators in the manufacturing, automation, food & beverage, medical, packaging, material handling, semiconductor, transportation and energy industries to expand connectivity, improve data collection and transfer, enhance analysis and control capabilities, minimize equipment downtime and capitalize on the numerous advantages of Industry 4.0.
Endress+Hauser is a global leader in measurement instrumentation services and solutions intended for industrial process engineering applications in various industries. The company designs and develops solutions for measuring, analyzing and transmitting information about flow, level, pressure and temperature processes and optimizing those processes in terms of economic efficiency, safety and environmental impact. Industrial networking solutions available at Allied include panel meters, PC data acquisition tools, sensors and thermometers.
Brainboxes has been designing, manufacturing and supporting industrial communication technologies since 1984 and is committed to helping businesses of all sizes realize the benefits of Industry 4.0. Brainboxes' solutions are easy to use, highly configurable and extremely reliable, and include tools for implementing machine monitoring, connecting legacy equipment to the Industrial Internet of Things (IIoT), extracting data from production lines and initiating factory automation projects. Solutions available at Allied include Ethernet switches, remote I/O modules and signal conditioners and converters.
LAN Power designs, engineers and manufactures breakthrough technologies for analog and internet protocol (IP) surveillance, security and IT systems and is committed to providing customers with flexibility, simplicity and value. Solutions available at Allied include Power over Ethernet (PoE) midspan injectors, splitters and IP camera installation tools.
Real Time Automation (RTA) specializes in designing, manufacturing and supporting industrial data connectivity, conversion and control solutions designed to route data simply and effectively throughout factory floors. Solutions include remote I/O modules, embedded controllers and control software, serial communication interfaces, quality assurance systems and protocol converters, which are currently available at Allied.
Allied's complete range of ready-to-ship industrial networking solutions extends from Ethernet switches, IoT Edge gateways, media converters, routers and wireless communication devices to servers, cameras, panel meters, PLCs, HMI displays, Ethernet and network cables, data, Ethernet and telecom connectors, industrial cable assemblies, protocol converters and software and features more than 2,100 products from dozens of industry-leading suppliers.
For more information about industrial networking solutions, please check out "Industrial Networking: IT/OT Convergence," an Allied Expert Advice article by Allied Product Portfolio Manager Gary Guess. For assistance identifying industrial networking solutions optimized for your unique applications, contact your local Allied representative at 1.866.433.5722 or reach out to Allied's technical support team.
Allied Electronics & Automation is a trading brand of RS Group plc (formerly Electrocomponents plc), a leading global omni-channel industrial product and service solutions provider to customers who are involved in designing, building and maintaining industrial equipment and operations, safely and sustainably. RS Group plc stocks more than 700,000 industrial and electronic products, sourced from over 2,500 leading suppliers, and provide a wide range of product and service solutions to over 1.2 million industrial customers. With operations in 32 countries, we trade through multiple channels and ship nearly 60,000 parcels daily.
We support customers across the product life cycle, whether via innovation and technical support at the design phase, improving time to market and productivity at the build phase, or reducing purchasing costs and optimizing inventory in the maintenance phase. We offer our customers tailored product and service propositions that are essential for the successful operation of their businesses and help them save time and money.
RS Group plc is listed on the London Stock Exchange with stock ticker RS1 and in the fiscal year that ended March 31, 2022, reported revenue of $3.3 billion.
For more information about Allied Electronics & Automation, please visit www.alliedelec.com/ or connect with us via social media on Facebook, Twitter, and LinkedIn.
Editorial Contact & Media Inquiries:
Karen Gavenda
Allied Electronics & Automation, part of RS Group
Karen.Gavenda@alliedelec.com
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SOURCE Allied Electronics & Automation
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https://www.kxii.com/prnewswire/2022/06/22/allied-electronics-amp-automation-offers-more-than-2100-ready-to-ship-industrial-networking-solutions/
| 2022-06-22T15:46:21Z
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DALLAS (KDAF) — SHEESH! Wingstop dropped a huge announcement on the second day of June and it has absolutely nothing to do with chicken.
If you guessed a new sauce or side, sorry, wrong again. This announcement has to do with making a meme become a reality. The popular chicken wing chain partnered up with The Shoe Surgeon to create the Lemon Pepper 1’s.
Yes, Wingstop now has its own shoe, which is pretty cool considering the vast popularity that Jordan 1 Lows have in the sneaker community. “Introducing the Lemon Pepper 1’s. We partnered with @TheShoeSurgeon to turn a meme into a reality! Want a pair?”
All you have to do is follow the rules laid out in this tweet: twitter.com/wingstop. Simply follow Wingstop on Twitter, quote retweet with the hashtag, #LemonPepper1s and then tag two people you’ll flex on with your new kicks of the day.
For more information, click here.
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https://cw33.com/news/fresh-kicks-alert-wingstop-unveils-its-jordan-1-low-collab-with-the-shoe-surgeon-lemon-pepper-1s/
| 2022-06-03T23:38:28Z
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HONG KONG, Sept. 6, 2022 /PRNewswire/ -- The Blockchain-based Service Network (BSN) announced the beta launch of the BSN Spartan Network, a public infrastructure network that will provide non-cryptocurrency blockchain services to any IT system globally. The network initially launched with three non-cryptocurrency public chains, including non-crypto versions of Ethereum, Cosmos and PolygonEdge. Leading enterprises such as HSBC, Emperor Group, and Lan Kwai Fong Group presented BSN Spartan Network use cases at the BSN Spartan Global Summit, held in Hong Kong today. Known for its earlier initiatives in China, the BSN's Spartan Network is only available outside China.
"99% of the world's IT systems do not use cryptocurrency-based public chains to avoid being involved in unregulated and volatile cryptocurrencies. The BSN Spartan Network provides an infrastructure that integrates non-cryptocurrency public blockchains that can be used by any traditional IT system to leverage the capabilities of the underlying blockchain technology in an easier and more cost-effective way," said Yifan He, CEO of Red Date Technology, the technical architect of the BSN.
"We are excited about the possibilities the BSN Spartan Network opens up for Hong Kong corporates to digitize, tokenize, and automate their business processes. We look forward to exploring how our HSBC DLT Settlement Utility (HDSU) solution can streamline payment processes for business partners on the network, and help our customers benefit from this next wave of business and financial innovation," said Vincent Lau, Regional Head of International Payments for Asia Pacific at HSBC.
The BSN Spartan Network is an infrastructure to serve all traditional IT systems, not for issuing and trading cryptocurrencies, and consists of virtual data centers which are open source and free to download from GitHub. Individuals and businesses can set up data centers on the BSN Spartan Network anonymously and pay gas fees on non-cryptocurrency public chains using fiat currency or fiat-backed stablecoins such as USDC. The cost of using public chain technologies is also dramatically reduced. As an example, the cost of minting a standard ERC721 NFT on Spartan-I Chain (the non-cryptocurrency version of Ethereum) is fixed at 3 cents USD, several orders of magnitude lower than minting on cryptocurrency-based Ethereum.
"Out of the many use cases in blockchain technology, most of the general public would usually only think of those related to digital assets with the common examples of cryptocurrencies, NFT digital art, and metaverses. As one of the retail market leaders, we are keen to explore the opportunities to introduce and leverage blockchain technology for broader accessibility, in which this digital access could also create great value to our customers, the retail markets, and the general public. We are of like mind with the BSN about the ability to commercialize this technology," commented Leo Tsang, Group CIO for Emperor Group, a diversified group of businesses that includes Property, Financial Services, Watch and Jewellery, Entertainment & Culture, Hospitality, Digital Media and Home Living.
"With blockchain and Web3, I see many possibilities to enrich the LKF experience for visitors and operators alike. LKF Group's DNA for 40+ years is about embracing community and making the most out of lifestyle experiences, and BSN Spartan Network is a great enabler for the next generation," said Jonathan Zeman, CEO of Lan Kwai Fong Group, the diversified property development group.
The BSN Spartan Network is a decentralized network governed by the BSN Foundation (https://spartan.bsn.foundation/), with each member operating a governance data center that hosts all the validator nodes of non-cryptocurrency public chains. Any matters related to the governance of the BSN Spartan Network, such as adding a new chain or gas fee adjustments, will be decided by the BSN Foundation members. The BSN Foundation will start with five members, growing to 10 by the end of 2022, and 30 by the end of 2023.
"We are building the next layer of the internet, a public layer serving public IT systems that has the benefit of greater transparency, easy connectivity, and individual ownership of data compared to private IT systems today," said Tim Bailey, VP of Global Sales for Red Date Technology.
About Red Date Technology
Red Date Technology is a technology company headquartered in Hong Kong that is dedicated to building next-generation Public IT System infrastructures for internet communications, digital economies, and metaverses.
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SOURCE BSN
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https://www.wibw.com/prnewswire/2022/09/06/bsn-launches-global-open-source-spartan-network-enable-public-it-systems/
| 2022-09-06T11:27:12Z
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LINCOLN, Neb. , Sept. 14, 2022 /PRNewswire/ -- Workforce Science Associates (WSA) today launched a new array of assessments that will help organizations better select and develop leaders in addition to other key roles and measure an applicant's alignment with the company culture.
Frontline managers are vital to the success of companies. WSAdata reveals that employee motivation, commitment, and conscientiousness is directly tied to the front-line manager's ability to foster an environment of two-way communication, recognition, and growth and development. WSA assessments help organizations address gaps in their bench strength and provide individualized development plans to enhance the areas that are proven to drive higher employee engagement.
"Insights provided by the WSA leadership assessments make sure managers address the root cause of lower engagement and manager effectiveness scores rather than just merely treating the symptoms," said Lisa Wager, executive consultant of WSA. "In addition, our new assessments along with our consulting services provide a targeted and scientifically proven approach to high-performance leadership."
A culture assessment is also a part of the WSA suite and helps identify candidates, if hired, feel a greater sense of belonging, be more motivated, be more committed, and will stay longer. By identifying a candidate's values and comparing them with the overarching company values, WSA can predict an employee's likelihood of engagement and long-term retention.
"This is powerful because employers are able to recruit and hire candidates from diverse backgrounds and skillsets while building a cohesive, high-performing workforce," said Kris Erickson, co-founder of WSA.
While selection and development instruments are common in most industries, WSA assessments are unique. Differentiators include:
- WSA's experience. In designing effective assessments, experience goes back decades and is led by Dr. Jeff Weekley, one of the industry's foremost experts who has worked with many of the world's largest employers, designing assessments that have been administered to hundreds of millions of candidates around the world.
- WSA's methodology. It provides a short, fake-resistant assessment that delivers accurate results.
- WSA's validation. WSA assessments are aligned to its validated engagement model, which has been developed through research over the past 40 years.
For more information about the WSA suite of assessments, visit www.workforcescience.com.
Formed by members of Kenexa's legacy management team and consisting of employee engagement subject matter experts, Workforce Science Associates (WSA) offers expertise in optimizing talent and team performance that has been proven to transform companies and communities. For more information, visit www.workforcescience.com.
Contact Information: To arrange an interview, contact Mary Lafferty at (402) 202-9015 or mary.lafferty@workforcescience.com
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SOURCE Workforce Science Associates
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https://www.wibw.com/prnewswire/2022/09/14/workforce-science-associates-launches-suite-assessments-focused-leadership-culture/
| 2022-09-14T16:34:24Z
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OKLAHOMA CITY (AP) — Oklahoma lawmakers on Thursday approved a bill prohibiting all abortions with few exceptions, and providers said they would stop performing the procedure as soon as the governor signs it in the latest example of the GOP’s national push to restrict access to what has been a constitutional right for nearly a half century.
Oklahoma lawmakers this year already passed a half-dozen anti-abortion measures, and while abortion providers across the country have been bracing for the possibility that the U.S. Supreme Court’s new conservative majority might further restrict the practice, that has especially been the case in Oklahoma and Texas.
Two of Oklahoma’s four abortion clinics already stopped providing abortions after the governor signed a six-week ban earlier this month, and an attorney for the two other independent clinics said Thursday they will no longer offer services once the bill is signed. The bill is likely to reach Gov. Kevin Stitt’s desk early next week, and the first-term Republican running for reelection has already said he would sign any anti-abortion bill the Legislature sends to him. It would take effect immediately after he signs it.
“This bill could go into effect at any time, and once it does, any person can sue the clinic, the doctors, anyone else who is involved in providing an abortion in Oklahoma,” said Rabia Muqaddam, an attorney for the Center for Reproductive Rights, which is representing Oklahoma clinics in legal challenges against several proposed new anti-abortion laws.
The bills are part of an aggressive push in Republican-led states across the country to scale back abortion rights. It comes on the heels of a leaked draft opinion from the nation’s high court that suggests justices are considering weakening or overturning the landmark Roe v. Wade decision that legalized abortion nearly 50 years ago.
The bill by Collinsville Republican Rep. Wendi Stearman would prohibit all abortions, except to save the life of a pregnant woman or if the pregnancy is the result of rape or incest that has been reported to law enforcement.
“Is our goal to defend the right to life or isn’t it?” Stearman asked her colleagues before the bill passed on a 73-16 vote, mostly along party lines.
The bill specifically authorizes doctors to remove a “dead unborn child caused by spontaneous abortion,” or miscarriage, or to remove an ectopic pregnancy, a potentially life-threatening emergency that occurs when a fertilized egg implants outside the uterus, often in a fallopian tube and early in pregnancy.
With all of the state’s abortion clinics expected to stop offering services, it’s not clear where a woman who qualified under one of these exemptions would go to get an abortion because providers say many doctors would be afraid of running afoul of the law.
The bill also does not apply to the use of Plan B, other morning-after pills or any type of contraception.
Because the bill defines an “unborn child” as a human fetus or embryo in any stage of gestation from fertilization until birth, it is not expected to apply to in vitro fertilization, which is when eggs are fertilized in a lab before being transferred into a woman’s uterus, said Dr. Eli Reshef, an Oklahoma City fertility specialist.
“(The bill) does not criminalize what we do,” Reshef said. “No matter one’s position on abortion, we are not concerned about the bill harming our particular profession.”
The bill is one of at least three anti-abortion bills sent this year to Stitt. Another abortion bill similar to a Texas bill passed last year that prohibits the procedure after cardiac activity can be detected in the embryo, which experts say is about six weeks, already has taken effect and has already dramatically curtailed the practice in Oklahoma. Another bill set to take effect this summer would make it a felony to perform an abortion, punishable by up to 10 years in prison. That bill contains no exceptions for rape or incest.
“At this point, we are preparing for the most restrictive environment politicians can create: a complete ban on abortion with likely no exceptions,” said Emily Wales, interim president and CEO of Planned Parenthood Great Plains, which stopped providing abortions at two of its Oklahoma clinics after the six-week ban took effect earlier this month. “It’s the worst-case scenario for abortion care in the state of Oklahoma.”
Like the Texas law, the Oklahoma bill would allow private citizens to sue abortion providers or anyone who helps a woman obtain an abortion. After the U.S. Supreme Court allowed that mechanism to remain in place, other Republican-led states sought to copy Texas’ ban. Idaho’s governor signed the first copycat measure in March, although it has been temporarily blocked by the state’s Supreme Court.
After Texas passed its bill last year, there was a dramatic reduction in the number of abortions performed in that state, with many women going to Oklahoma and other surrounding states for the procedure.
There are legal challenges pending in Oklahoma to both the bill to criminalize abortion and the six-week Texas ban, both of which could still be halted, but the courts have so far failed to do so.
The number of abortions performed each year in Oklahoma has declined steadily over the last two decades, from more than 6,200 in 2002 to 3,737 in 2020, the fewest in more than 20 years, according to data from the Oklahoma State Department of Health. In 2020, before the Texas law was passed, about 9% of the abortions performed in Oklahoma were women from Texas.
In the first four months after Texas’ law took effect last September, abortions at clinics in the state dropped an average of 46% compared to the same span the year prior. But studies also found a sharp increase in the number of Texas women who were ordering abortion pills by mail and traveling out of state for abortions.
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https://cw33.com/news/u-s-news/ap-u-s-headlines/oklahoma-approves-the-nations-most-restrictive-abortion-ban/
| 2022-05-20T02:34:55Z
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AUSTIN, Texas, June 22, 2022 /PRNewswire/ -- Stoplight, the global API design company, announced its position as a market leader in the newly released G2 Summer 2022 Grid Report for API Design. Products in the Leader quadrant in the Grid® Report are rated highly by G2 users and have substantial Satisfaction and Market Presence scores.
API Design is the planning and architectural decisions you make when building an API, leading to a better user experience. Design maturity at an organization allows internal and external developers to more quickly and easily consume and use that organization's APIs.
Stoplight is listed among three other leaders in API Design, and 95% of Stoplight users rated it between 4-5 stars. 86% of users were likely to recommend Stoplight. Stoplight's highest-rated features included: design management, access control, and visibility. In addition, Stoplight was recognized with a high level of satisfaction for ease of doing business with, quality of support, and ease of set-up.
"We are pleased to be named a leader in the G2 Summer 2022 API Design report. APIs continue to play a necessary role in fundamentally transforming companies for the better. Leading that transformation with a design-first approach promotes innovation while also saving time, shortening the development cycle, and producing higher quality APIs," shares Stoplight CEO, Steve Rodda.
In addition to the placement in the G2 API Design Summer 2022 report, Stoplight received a variety of other recognitions and awards this year including the 2022 Open Source Contributor of the Year by Hackernoon, G2 Fastest Growing Products of 2022, a 2022 Best Place to work by Built In Austin.
Stoplight has also experienced a record amount of growth in addition to user-driven recognition, nearly doubling in employee size since the previous year. In February of 2021, Stoplight secured another $11M round of follow-on Series A funding co-led by Next Coast Ventures and Bill Wood Ventures.
In order for Stoplight to qualify for inclusion in the G2 2022 Summer API Design Grid report, it had to meet the following criteria: the product must provide native tools to design and develop APIs, allow parallel development and team-wide visibility throughout the design process, and enable mocking for API prototyping.
Check out our blog to learn more about Stoplight's growth and recent recognitions.
About Stoplight
Stoplight is a global application programming interface (API) technology company offering a software-as-a-service (SaaS) platform and open source tools to design quality APIs and build scalable API programs. Stoplight's collaborative, cloud tools are built with the purpose for a design-first approach, with reusable components to deliver quicker time to market and more business value. Stoplight is remote-first and based in Austin, TX. To learn more, visit https://www.stoplight.io or follow us on Twitter @stoplightio
Contact:
Jenna Tocatlian
551-795-6808
stoplight@nextpr.com
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SOURCE Stoplight
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https://www.wibw.com/prnewswire/2022/06/22/stoplight-recognized-leader-api-design-report-g2-summer-2022/
| 2022-06-22T15:53:19Z
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NEW ORLEANS (AP) — The story of college basketball can be traced largely from the base of Mount Oread on the campus of Kansas, where the inventor of the game was also the school’s first coach, and across the heartland and down Tobacco Road to North Carolina, where so much of its history has been made.
Among those coached by Dr. James Naismith, who famously tacked up those peach baskets at the Springfield YMCA, was an irascible youngster named Forrest Allen, who would later go simply by the nickname “Phog.”
Phog Allen would later take over the Jayhawks and coach a young man from southeast Kansas named Dean Smith, who delivered him a national championship before beginning his own coaching career.
Smith would become a Tar Heels’ legend during his tenure in Chapel Hill, leading North Carolina to a pair of national championships. And one of his disciples, that dadgum Roy Williams, would not only lead the Jayhawks to four Final Fours but the Tar Heels to three titles of his own.
On and on it goes, the ties binding two of college basketball’s bluebloods forming a rich tapestry over time, and another layer to come Monday night when the schools square off for the national championship at the Superdome.
“Both teams are as blue as you can get when you talk about bluebloods,” said Kansas coach Bill Self, whose Jayhawks are chasing a third national championship. “But to play a Carolina program that’s intertwined with Kansas history, in large part because Coach Smith played at Kansas and won a national championship in ’52 and then he goes on and is thought to be as good a basketball coach that’s ever coached the sport over a period of time — I think that’s special. ”
Self has his own ties to the Tar Heels.
He was just an eager young college student trying to make a buck as a camp counselor at Kansas in the early 1980s when he caught the eyes of the Jayhawks’ coach. It turned out to be Larry Brown, who two decades earlier had played for Smith and the Tar Heels before embarking on his own coaching career as an assistant in Chapel Hill.
“So I’m very proud to be a part of this game,” Self said.
So is his North Carolina counterpart, Hubert Davis, who also played for Smith in the late 1980s and early ‘90s. After his own college career, and more than a decade spent in the NBA, Davis returned to North Carolina as Williams’ assistant, then was picked to take over the Tar Heels when the Hall of Fame coach retired last spring.
Davis ruefully remembers playing against Williams and the Jayhawks in the 1991 national semifinals, when he went 9 of 16 from the field and scored 25 points in a losing effort. Kansas later lost to Duke in the title game.
“Prior to us winning the national championship in 2017, from 1991 to 2017, I had watched that game at least once every year. It was the best team I ever played with,” Davis recalled Sunday. “And we really felt like we had a chance to win the national championship and we came up short. And that was a game that Coach Smith got two technical fouls and got kicked out, and it was an emotional game and an emotional end to a season.”
Davis still considers that 79-73 defeat in Indianapolis “the toughest loss that I’ve ever experienced in my entire life.”
“And playing at Carolina, the thing, for me, that I always wanted was to cut down those nets as a player,” he said, “and we were so close and weren’t able to be able to have that experience.”
Davis ultimately had that experience as an assistant coach, though never at the Jayhawks’ expense. Kansas has won four of their six meetings in the NCAA Tournament, including a second-round matchup in 2013 with Davis in his first year on the Tar Heels’ bench.
And then there’s Williams, who retired a year ago Friday after a Hall of Fame career. His first 15 seasons came at Kansas, along with a very famous “no thanks” when his alma mater first came calling for him to come home in 2000.
Three years later, Williams couldn’t disappoint Smith a second time and returned to save a program in turmoil. He spent the next 18 seasons in Chapel Hill and claimed the national titles that had eluded him in his stellar tenure in Lawrence.
“I loved it, loved the people, loved the players, loved Allen Fieldhouse, and I wanted them to win every single game,” Williams said. “But (Monday) night’s a little different.”
He’s been attending UNC games all season to support Davis and his former players after “pushing so hard” for Davis to be his successor. That includes Saturday’s win against Duke here at the Superdome.
“I’ve seen people on Bourbon Street and they say ”Rock Chalk!” and I’ll say, ‘Go KU” because that is my love for that school, and that’ll never change,” Williams said. “But it’s a different story tomorrow night, and it’s an uncomfortable one for me.
“But at the same time, the connections with Coach Smith and myself and KU and the relationship we’ve had over the years between those two great basketball program is something that’s extremely special. And Roy Williams is extremely flattered to say that I was able to coach at both schools.”
Despite their intertwined history and all the games they have played — 6,394 to be exact — Monday night will be just the 12th meeting between them. This will be the sixth postseason meeting to come in a regional final or later.
By comparison, the Jayhawks have played Kentucky 34 times.
The first meeting between the Tar Heels and Jayhawks was a triple-overtime NCAA title game in 1957, with UNC capping an unbeaten season by outlasting Wilt Chamberlain and Kansas 54-53. After Davis’ painful loss in ’91, the Tar Heels won a rematch in the national semifinals on the way to Smith’s second championship.
But the Jayhawks have won the past three meetings, all in the tournament, most notably in the 2008 Final Four on the way to Self’s lone national title.
Most of the players that ultimately will decide the latest showdown between the historic programs know only of the past through stories and memories. Some of them weren’t even born when Williams was coaching at Kansas, let alone Davis playing for the Tar Heels, and it’s been up to their coaches to instill upon them the importance of this moment.
Kansas and North Carolina for the national championship.
“I’ve told them this: The best experience that I have had as a player, hands down, was going to the Final Four,” Davis said. “I told them, ‘I played 12 years in the NBA and that was my finest as a basketball player, finest moment, just being part of the Final Four.’ I was trying to convey to them how special it is to be here. Now that they’re being able to experience it is great.”
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More AP college basketball: http://apnews.com/Collegebasketball and https://twitter.com/AP_Top25
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| 2022-04-04T13:43:01Z
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NEW YORK, June 9, 2022 /PRNewswire/ -- Blackstone Liquid Credit Strategies LLC, an affiliate of Blackstone Alternative Credit Advisors LP (collectively, and together with their affiliates in the credit-focused business of Blackstone Inc., "Blackstone Credit"), announced monthly distributions for the three listed closed-end funds it advises, Blackstone Senior Floating Rate Term Fund (NYSE: BSL), Blackstone Long-Short Credit Income Fund (NYSE: BGX), and Blackstone Strategic Credit Fund (NYSE: BGB) (each a "Fund" and together the "Funds").
The Funds' monthly distributions are set forth below. The following dates apply to the distribution declarations for the Funds:
The Funds declare a set of monthly distributions each quarter in amounts closely tied to the respective Fund's recent average monthly net income. As a result, the monthly distribution amounts for the Funds typically vary quarter-to-quarter, and shareholders of any Fund should not expect that Fund to continue to pay distributions in the same amounts shown above. The dynamic distribution strategy provides Blackstone Credit with greater flexibility to maintain portfolio credit quality in varying market conditions. In addition, the dynamic distribution strategy reduces the need to retain reserves from net investment income to support the stability of future distributions.
A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain, or return of capital. The final determination of the source and tax characteristics of these distributions will depend upon each Fund's investment experience during its fiscal year and will be made after the Fund's year end. Each Fund will send to investors a Form 1099-DIV for the calendar year that will define how to report these distributions for federal income tax purposes.
About Blackstone and Blackstone Credit
Blackstone is the world's largest alternative asset manager. We seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Our $915 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. Further information is available at www.blackstone.com. Follow @blackstone on LinkedIn, Twitter, and Instagram.
Blackstone Credit & Insurance is one of the world's largest credit-focused asset managers, with $266 billion in assets under management. We seek to generate attractive risk-adjusted returns for our clients by investing across the entire corporate credit market, from public debt to private loans. Our capital supports a wide range of companies across sectors and geographies, enabling businesses to expand, invest, and navigate changing market environments.
Investors wishing to buy or sell shares need to place orders through an intermediary or broker.
Contact the Fund at 1 (877) 299-1588 or visit the Funds' website at www.blackstone-credit.com for additional information.
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| 2022-06-09T21:21:20Z
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SAN ANTONIO (AP) — Just a day after Democrats forcefully recommitted to protecting abortion rights, a U.S. House leader swooped into Texas on Wednesday to defend and stand side-by-side with Rep. Henry Cuellar, one of the last anti-abortion Democrats in Congress.
The small campaign rally in San Antonio, where Cuellar is in the toughest reelection fight of his 17 years in office, put on full display the awkward timing of House leadership showing unwavering support for an abortion opponent as the party simultaneously rages over a leaked draft of a U.S. Supreme Court opinion that would overturn the landmark Roe v. Wade decision from 1973 that legalized abortion.
U.S. Rep. Jim Clyburn, the third-ranking Democratic leader in the House, rejected that his campaigning for Cuellar undercuts the urgency of the the party’s election-year promises to defend the constitutional right to an abortion.
“I would ask anybody, which is more important: to have a pro-life Democrat or an anti-abortion Republican?” Clyburn said. “Because come November, that could very well be the choice in this district.”
But making it on the November ballot is far from a guarantee for Cuellar. He must first get past a May 24 primary runoff against Jessica Cisneros, an immigration lawyer who supports abortion rights, and who finished roughly 1,000 votes behind Cuellar in March, when neither candidate met the majority threshold to win outright.
Cisneros called on House leaders to drop their backing of Cuellar in the heavily Hispanic district that runs to the U.S.-Mexico border.
“The stakes are high. They’re absolutely high,” Cisneros said in an interview this week with The Associated Press. “South Texans deserve a champion for their rights and freedom.”
House Speaker Nancy Pelosi, D-Calif., has also previously affirmed her support for Cuellar, an endorsement that Cuellar played up in front of his supporters.
Cuellar said the draft opinion goes too far and that there must be exceptions in cases of rape, incest and dangers to the life of the mother. He waved off whether the leak surfacing just weeks before the runoff would impact the outcome.
“There’s always issues that come up,” Cuellar said. “Every time you have an election there’s always things that happen. You just go with your position and move on.”
Cuellar’s campaign had announced the rally with Clyburn before Politico published the leaked draft late Monday. It is one of the congressman’s biggest events during his campaign since FBI agents searched his home in January as part of an investigation related to the former Soviet Republic of Azerbaijan. Cuellar has denied wrongdoing, and his lawyer said last month that federal authorities told them Cuellar is not the target of an investigation.
The draft Supreme Court opinion on abortion was written in February, and the language could change before the court issues its final ruling. As written, it would give states the power to decide the legality of abortion. In Texas, that would mean an outright ban that would take effect almost immediately.
Cuellar was the only House Democrat last year to vote against the Women’s Health Protection Act, which sought to bolster access to abortion. It was just one more example of how Cuellar’s centrist record has sometimes put him more aligned with Republicans, including with his support for gun rights and his criticism of President Joe Biden’s handling of the border.
Back in March, despite months of outrage by Democrats over Texas’ restrictive new ban on abortions after roughly six weeks of pregnancy, abortion had largely receded from the spotlight in the stateheading into the first round of voting between Cuellar and Cisneros.
Mini Timmaraju, president of NARAL Pro-Choice America, thinks the leaked Supreme Court decision could change that dynamic. She described the Cisneros race as critical.
“We think this is going to be very motivating,” she said. “People are very angry.”
___
Follow AP for full coverage of the midterms at https://apnews.com/hub/2022-midterm-elections and on Twitter, https://twitter.com/ap_politics
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| 2022-05-05T05:02:55Z
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The Ultra-Luxury Hospitality Brand's Beloved Italian Escape, Rosewood Castiglion del Bosco, Named the #1 Hotel in the World on the Publication's List of the Top Travel Experiences
HONG KONG, July 13, 2022 /PRNewswire/ -- Rosewood Hotels & Resorts and 13 of the ultra-luxury brand's unique properties have been honored by Travel + Leisure's 27th annual World's Best Awards, one of the industry's most respected resources and an arbiter of exceptional hospitality experiences across the globe. This year's awards program is especially meaningful for Rosewood Hotels & Resorts, as Rosewood Castiglion del Bosco, the brand's iconic estate in Tuscany, Italy, has earned the list's top global distinction of "Best Hotel Overall." Other impressive property performances include the number one rankings of Rosewood Inn of the Anasazi, Rosewood San Miguel de Allende, and Rosewood Villa Magna in their respective destinations of Santa Fe, Mexico, and Madrid. Additionally, Rosewood ranked number nine in the category of "Best Hotel Brands," up an impressive six spots over last year's ranking of number 15. The rankings are based on the first-hand experiences and reviews of Travel + Leisure's sophisticated readers, which are gathered in an annual survey.
"Every year we anticipate the results of Travel + Leisure's prestigious World's Best Awards, bestowed by the magazine's discerning and worldly readers. To have Rosewood Castiglion del Bosco named the number one hotel in the world this year is surreal, and a great moment of pride for our brand," said Radha Arora, President of Rosewood Hotels & Resorts. "Throughout Rosewood's history, our associates have worked tirelessly to enhance and evolve the guest experience, and these significant recognitions are a testament to their success. We thank the readers of Travel + Leisure for their support and remain committed to providing them and fellow travel enthusiasts with experiences that are authentic, original, and deeply personal, across all corners of the world."
The 2022 World's Best list showcases numerous accolades for the Rosewood® brand, most notably that of Rosewood Castiglion del Bosco, which was not only awarded the global title of "Best Hotel Overall," but also recognized as the "Best Resort Hotel, Europe" and "Best Resort Hotel, Italy." Situated in the heart of the UNESCO World Heritage Site of Val d'Orcia, Rosewood Castiglion del Bosco is dedicated to preserving the art and heritage of its 800-year-old estate by fostering an appreciation of the deeply-rooted Tuscan traditions of art, cuisine, winemaking, and craftsmanship. This dedication is seen through the property's unique programming, design, and amenities, all of which make it truly beloved by guests and visitors.
Rosewood's full scope of recognition on the 2022 World's Best list is as follows:
- Rosewood Hotels & Resorts
- Rosewood Castiglion del Bosco
- Rosewood Villa Magna
- Rosewood Miramar Beach
- Rosewood Inn of the Anasazi
- Rosewood San Miguel de Allende
- Rosewood Mayakoba
- Rosewood Hotel Georgia
- Hôtel de Crillon, A Rosewood Hotel
- Rosewood London
- Rosewood Sand Hill
- Rosewood Mansion on Turtle Creek
- The Carlyle, a Rosewood Hotel
- Rosewood Washington, D.C.
The Travel + Leisure World's Best Awards program is a leading barometer of the places and companies that satisfy some of the most passionate and discerning travelers across the globe. The results are determined by a survey developed by the editors of Travel + Leisure, in association with research firm M&RR, that invites the publication's readers to rate their travel experiences in various categories including airlines, airports, cities, cruise ships, destination spas, hotels, hotel brands, islands, tour operators and more. The survey was open for four months and promoted across Travel + Leisure's many platforms, including the print magazine, tablet editions, newsletters, social media and travelandleisure.com. Respondents were asked to rate a wide range of hospitality brands and offerings on several characteristics, selecting a rating of excellent, above average, average, below average or poor across each category, which were then accumulated and averaged to determine the final scores. The full list of 2022 World's Best Awards can be found at https://www.travelandleisure.com/worlds-best/worlds-best-2022.
Rosewood Hotels & Resorts' success during this year's iteration of Travel + Leisure's World's Best Awards further demonstrates the strong affinity and trust that the brand has garnered with the world's most affluential explorers. These accolades come amidst an exciting period of growth for Rosewood, including the opening of the brand's first property in South America, the highly celebrated Rosewood São Paulo in January 2022, and the upcoming debut of Rosewood Vienna, slated for August 2022. With an impressive pipeline of additional exciting developments, Rosewood Hotels & Resorts continues to expand its portfolio and to offer travelers even more opportunities to enjoy the Rosewood experience, worldwide.
About Rosewood Hotels & Resorts
The Rosewood Hotels & Resorts® brand manages a global collection of 29 one-of-a-kind luxury hotels, resorts and residences in 17 countries. Each Rosewood property embraces the brand's A Sense of Place® philosophy to reflect the individual location's history, culture and sensibilities. The Rosewood collection includes some of the world's most legendary hotels and resorts, including The Carlyle, A Rosewood Hotel in New York, Rosewood Mansion on Turtle Creek in Dallas and Hôtel de Crillon, A Rosewood Hotel in Paris, as well as new classics such as Rosewood Hong Kong and Rosewood São Paulo. For those who wish to stay a little longer, Rosewood Residences offer a distinct opportunity for the ownership or rental of properties co-located with a Rosewood hotel or resort and of standalone for-sale residences. Rosewood Residences are defined by the brand's commitment to Enriched Living through thoughtful details and experiences that enhance the quality of life while evoking a sense of discovery and inspiration.
For more information, please visit rosewoodhotels.com
Connect with us: Facebook, Twitter, Instagram, WeChat @RosewoodHotels
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| 2022-07-13T18:40:26Z
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NEW YORK, July 13, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Okta, Inc. ("Okta" or the "Company") (NASDAQ: OKTA) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 22-cv-02990, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired otherwise Okta securities between March 5, 2021 and March 22, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Okta securities during the Class Period, you have until July 19, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Okta provides identity solutions for enterprises, small and medium-sized businesses, universities, non-profits, and government agencies in the United States and internationally. The Company offers a variety of cybersecurity products and services. Following its completed merger with Auth0, Inc., a Delaware corporation ("Auth0"), on May 3, 2021, Okta began providing additional Auth0 products related to cybersecurity and login solutions.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Okta had inadequate cybersecurity controls; (ii) as a result, Okta's systems were vulnerable to data breaches; (iii) Okta ultimately did experience a data breach caused by a hacking group, which potentially affected hundreds of Okta customers; (iv) Okta initially did not disclose and subsequently downplayed the severity of the data breach; (v) all the foregoing, once revealed, was likely to have a material negative impact on Okta's business, financial condition, and reputation; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
On or around March 21, 2022, hackers known as LAPSUS$ posted screenshots on their Telegram, a cloud-based instant-messaging service, channel showing what they claimed was Okta's internal company environment. Thereafter, on March 22, 2022, the Company's Chief Executive Officer, Defendant Todd McKinnon ("McKinnon"), posted a statement on his Twitter account, disclosing that, "[i]n late January 2022, Okta detected an attempt to compromise the account of a third party customer support engineer working for one of our subprocessors" (emphasis added); that "[t]he matter was investigated and contained by the subprocessor"; that "[w]e believe the screenshots shared online are connected to this January event"; and that, "[b]ased on our investigation to date, there is no evidence of ongoing malicious activity beyond the activity detected in January."
On this news, Okta's stock price fell $2.98 per share, or 1.76%, to close at $166.43 per share on March 22, 2022.
Later, on March 22, 2022, during after-market hours, in a statement on Okta's website, the Company's Chief Security Officer, Defendant David Bradbury ("Bradbury"), disclosed, inter alia, that "[a]fter a thorough analysis of [the LAPSUS$] claims, we have concluded that a small percentage of customers – approximately 2.5% – have potentially been impacted and whose data may have been viewed or acted upon."
Following Okta's updated statement, multiple news outlets reported that hundreds of the Company's clients were potentially affected by the January 2022 data breach. For example, on March 23, 2022, CNN published an article entitled "Okta concedes hundreds of clients could be affected by breach[,]" noting that, despite the Company's statement that "a small percentage of customers – approximately 2.5% – have potentially been impacted[,]" the Company "has over 15,000 customers, according to its website. "That same day, Reuters and others published similar reports.
Separately, Okta was downgraded by Raymond James from "strong buy" to "market perform," noting, among other things, that "[w]hile partners were willing to trust Okta's track record, the handling of its latest security incident adds to our mounting concerns."
Following Okta's after-market update and Raymond James downgrade, the Company's stock price fell $17.88 per share, or 10.74%, to close at $148.55 per share on March 23, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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| 2022-07-13T23:14:19Z
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NEW ORLEANS, Sept. 16, 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 October 31, 2022 to file lead plaintiff applications in a securities class action lawsuit against Abbott Laboratories (NYSE: ABT), if they purchased the Company's shares between February 19, 2021 to June 8, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the Northern District of Illinois.
If you purchased shares of Abbott 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/nyse-abt/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by October 31, 2022.
Abbott and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On February 17, 2022, the U.S. Food and Drug Administration ("FDA") announced that its inspection of the Company's Sturgis, Michigan facility, prompted by consumer complaints of infant illness, had yielded several positive contamination results for the Cronobacter sakazakii bacteria, linked to infant illnesses and death. On the same day, the Company, without mention of the FDA investigation, recalled certain infant formula products, including the popular brands Similac, Alimentum and EleCare, all manufactured in Sturgis. On this news, shares of Abbott declined by $3.79 per share, or 3.14%.
Then, on March 22, 2022, the FDA reported that, although not "final FDA determinations," its most recent inspection conducted between January 31, 2022 and March 18, 2022 revealed that the Company failed to establish process controls "designed to ensure that infant formula does not become adulterated due to the presence of microorganisms in the formula or in the processing environment" and failed to "ensure that all surfaces that contacted infant formula were maintained to protect infant formula from being contaminated by any source." On this news, shares of Abbott declined by an additional $4.97 per share, or 4%.
Finally, on June 8, 2022, it was reported that a whistleblower complaint identifying numerous serious examples of misconduct at Sturgis related to the above had been filed with the U.S. Occupational Safety & Health Administration ("OSHA") in February 2021, and that OSHA had delivered that complaint to Abbott Laboratories and the FDA during the same month. On this news, shares of Abbott declined by an additional 3.5%, further damaging investors.
The case is Pembroke Pines Firefighters & Police Officers Pension Fund v. Abbott Laboratories, No. 22-cv-04661.
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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| 2022-09-17T03:50:47Z
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NEW YORK, May 3, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Li-Cycle Holdings Corp. ("Li-Cycle" or the "Company") (NYSE: LICY). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Li-Cycle and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On March 24, 2022, Blue Orca Capital published a report (the "Report") characterizing the Company as "a near fatal combination of stock promotion, laughable governance, a broken business hemorrhaging cash, and highly questionable Enron-like accounting." According to the Report, "Li-Cycle recognizes revenues using an Enron-like mark-to-model accounting gimmick.
Li-Cycle recognizes revenues months prior to the actual sales of its recycled black mass, based on its own provisional estimate of the future value of the product. This accounting treatment is plainly vulnerable to abuse, giving Li-Cycle discretion over its reported revenues. We suspect that under this framework, LiCycle marks up the value of its receivables on unsold products and runs the gains through its revenue line."
On this news, Li-Cycle's stock price fell $0.47 cents per share, or 5.60% to close at $7.93 per share on March 24, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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| 2022-05-03T06:56:22Z
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Italy was enduring a prolonged heat wave before a massive piece of Alpine glacier broke off and killed hikers on Sunday and experts say climate change will make those hot, destabilizing conditions more common.
Seven hikers died and several others are unaccounted for after large chunks of ice and rock from the Marmolada glacier sped down the mountain in an avalanche. Higher temperatures coupled with below-average winter snowfall were among the factors that may have triggered the event, experts said.
The exact role of climate change in specific events is complicated and large portions of ice can break off Alpine glaciers naturally. But climate change is fueling hotter temperatures that can lead to more ice and snow melt, said Brian Menounos, a professor at the University of Northern British Columbia who researches climate change and glaciers.
“Glaciers are directly responding to a warmer climate, a warmer planet,” said Menounos. “They can respond to long-term changes, but they can also respond to these extreme events,” like heat waves.
The Marmolada glacier is in the Dolomite mountains, a range of steep, dramatic peaks in northeast Italy. The region is already being altered by climate change. Between the late 19th and early 21st century, temperatures in the Alps have increased twice as quickly as the global average, according to Copernicus, the European climate modeling group. The U.N. has identified the Mediterranean basin that includes Italy as a climate change hot spot prone to heat waves. Glaciers are in retreat throughout Italy, the Alps and across the world.
The government’s National Research Council said the Marmolada glacier has been shrinking for decades and may vanish in 25 to 30 years.
Before the avalanche, daytime temperatures at the glacier’s altitude were around 50F (10C) when they normally don’t rise much above freezing. The prolonged period of hot weather at high altitudes created a special set of circumstances, said Tobias Bolch who researches glaciers at the University of St. Andrews in Scotland.
Guglielmina Adele Diolaiuti, a professor at the University of Milan studying glaciers, said pictures of the ice that remains part of the glacier tell a story about what likely happened.
The top two thirds of the ice face appears slightly dirty, indicating it was exposed to air.
“It’s clear that this part of the vertical ice cliff was the internal part of a crevasse,” she said. A crevasse is a deep opening in a glacier.
The bottom is bluer, indicating it was attached, said Diolaiuti.
Water may have accumulated in the crevasse, adding weight and pressure on the glacier. It may also have loosened the glacier’s grip on the steep rock it was sitting on, experts said.
Anyone who has tried to shovel ice off a cold driveway knows that it fastens itself to the pavement, said Richard Alley, a Penn State professor who studies ice sheets. But when the weather warms, the ice loosens its hold.
“All of a sudden, whoosh, you can get it off,” Alley said.
A local official said the portion that broke loose is estimated to be 220 yards (200 meters) wide, 85 yards (80 meters) high and 65 yards (60 meters) deep. It rushed down the mountain at nearly 200 miles per hour (300 kph).
The hikers were likely taken completely by surprise.
In addition to the heat, there was below normal snowfall this winter. Northern Italy is struggling through its worst drought in 70 years. When there is less snow, ice is exposed and impurities can collect on the surface of the glacier, turning the surface a darker color that traps more heat. The extra heat melts the ice and snow faster, St. Andrews’ Bolch said.
On Tuesday, rescue efforts turned up equipment and body parts. After rain made rescue difficult on Monday, the sun reappeared on Tuesday.
According to Daniel Farinotti, a professor of glaciology at ETH Zurich and WSL Birmensdorf, Switzerland, climate change might reduce the risk of certain avalanches. Glaciers need cold weather and snowfall to grow. If glaciers grow on a steep slope, ice that is pushed over ledges can break and cause avalanches. But with warming temperatures, glaciers retreat, and smaller glaciers create fewer hazards, he said.
In the case of the avalanche on Sunday, melting ice and snow is the likely culprit, experts said.
“The ice, the snow, is very sensitive to increases in temperatures, so we expect that these kinds of events will increase in frequency and intensity in the future,” said Roberta Paranuzio who researches climate change at the National Research Council of Italy.
While some avalanches occur in isolated areas, the area around the Marmolada glacier is popular with hikers.
“The really warm weather was one of the reasons why the event occurred, but on the other hand, this really warm weather made it attractive for mountaineers to climb it,” Bolch said.
___
The Associated Press receives support from the Walton Family Foundation for coverage of water and environmental policy. The AP is solely responsible for all content. For all of AP’s environmental coverage, visit https://apnews.com/hub/environment
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https://cw33.com/news/international/ap-international/warming-world-creates-hazard-for-alpine-glaciers/
| 2022-07-06T10:36:15Z
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NEW YORK, June 20, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of IronNet, Inc. ("IronNet" or the "Company") (NYSE: IRNT). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether IronNet and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On December 15, 2021, IronNet announced its financial results for the third quarter ended October 31, 2021 and issued revenue guidance for the coming year. For 2022, IronNet advised that the Company expected revenue of approximately $26 million, down sharply from previous guidance, issued in September 2021, in the range of $43 million to $45 million. On an earnings call later that day, the Company stated that "we and Sean Foster, our Chief Revenue Officer, have mutually agreed that he will depart our company at the end of December to pursue other opportunities." IronNet also admitted on the earnings call that, despite having first publicly issued IronNet's fiscal year 2022 guidance in March 2021, the Company did not have any confidence as to when substantial revenues underlying the guidance would actually come in.
On this news, IronNet's stock price fell $2.14 per share, or 31.47%, to close at $4.66 per share on December 16, 2021.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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https://www.wibw.com/prnewswire/2022/06/20/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-ironnet-inc-irnt/
| 2022-06-20T06:59:37Z
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- Option would add three dispensaries, increasing AWH's footprint in Ohio to five, the maximum permitted in the state -
NEW YORK, Aug. 15, 2022 /PRNewswire/ - Ascend Wellness Holdings, Inc ("AWH," "Ascend," or the "Company") (CSE: AAWH.U) (OTCQX: AAWH), a multi-state, vertically integrated cannabis operator, announced that it has entered into a definitive agreement (the "Agreement") providing AWH the option to acquire 100% of the equity of Ohio Patient Access LLC ("OPA"), which owns and will operate three provisionally licensed dispensaries that are in the process of being built in Cincinnati, Piqua, and Sandusky. Exercising this option would increase AWH's footprint in Ohio to five, the maximum permitted in the state.
"This transaction represents an ideal opportunity to maximize our dispensary footprint in Ohio, a state that has near-term potential for adult-use cannabis sales," said Abner Kurtin, Chief Executive Officer, Chairman, and Founder of Ascend. "Going deep in the states in which we operate and being a top provider in each state is critical to sustainable growth and margin expansion. OPA's dispensaries will be situated in populous, limited-license markets that provide us with a contiguous footprint across the state. We look forward to closing this transaction once authorized under Ohio law and to potential adult-use legalization in the mid-term."
AWH's current Ohio footprint includes two dispensaries, one in each of Coshocton and Carroll, as well as a Tier 2 cultivation facility with 2,000 square feet of canopy. There are currently 58 dispensaries in Ohio, approximately one for every 4,800 registered patients.1 Ohio medical cannabis sales were $381 million in 2021, a 72 percent increase over 2020.1
The Agreement is subject to regulatory review and approval.
1. Ohio Board of Pharmacy Patient and Caregivers. Note: Ohio Pharmacy Board recently approved an additional 70 provisional dispensary licenses not included in this number.
AWH is a vertically integrated multistate cannabis operator with licenses and assets in Illinois, Michigan, Ohio, Massachusetts, New Jersey, and Pennsylvania. AWH owns and operates state-of-the-art cultivation facilities, growing award-winning strains and producing a curated selection of products for retail and wholesale customers. AWH produces and distributes its in-house Simply Herb, Ozone, and Ozone Reserve branded products. For more information, visit www.awholdings.com.
Neither the Canadian Securities Exchange, nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
This news release includes forward-looking information and statements, which may include, but are not limited to, information and statements regarding the plans, intentions, expectations, estimates, and beliefs of the Company. Words such as "expects", "continue", "will", "anticipates" and "intends" or similar expressions are intended to identify forward-looking statements. These forward-looking statements are based on the Company's current projections and expectations about future events and financial trends, and on certain assumptions and analysis made by the Company in light of experience and perception of historical trends, current conditions and expected future developments and other factors management believes are appropriate.
Forward-looking information and statements involve and are subject to assumptions and known and unknown risks, uncertainties, and other factors which may cause actual events, results, performance, or achievements of the Company to be materially different from future events, results, performance, and achievements expressed or implied by forward-looking information and statements herein. Such factors include, among others: the risks and uncertainties identified in the Company's Annual Report on Form 10-K for the year ended December 31, 2021, and in the Company's other reports and filings with the applicable Canadian securities regulators and the U.S. Securities and Exchange Commission. Although the Company believes that any forward-looking information and statements herein are reasonable, in light of the use of assumptions and the significant risks and uncertainties inherent in such information and statements, there can be no assurance that any such forward-looking information and statements will prove to be accurate, and accordingly, readers are advised to rely on their own evaluation of such risks and uncertainties and should not place undue reliance upon such forward-looking information and statements. Any forward-looking information and statements herein are made as of the date hereof, and except as required by applicable laws, the Company assumes no obligation and disclaims any intention to update or revise any forward-looking information and statements herein or to update the reasons that actual events or results could or do differ from those projected in any forward-looking information and statements herein, whether as a result of new information, future events or results, or otherwise, except as required by applicable laws.
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https://www.wibw.com/prnewswire/2022/08/15/awh-enters-definitive-agreement-providing-option-acquire-ohio-patient-access-llc/
| 2022-08-15T12:46:14Z
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Winter Storm Warning issued April 11 at 2:43PM MDT until April 12 at 6:00AM MDT by NWS Pocatello ID
* WHAT…Heavy snow expected. Storm total accumulations of 3 to 6
inches, except 5 to 10 inches on ridge tops and elevations above
passes. Winds gusting in excess of 40 mph with frontal passage
into the evening hours.
* WHERE…Bear River Range in Idaho including Emigration Summit.
* WHEN…Until 6 AM MDT Tuesday.
* IMPACTS…Travel could be very difficult. Patchy blowing snow
could significantly reduce visibility, with near whiteout
conditions with frontal passage. The hazardous conditions will
likely impact the evening commute.
If you must travel, keep an extra flashlight, food, and water in
your vehicle in case of an emergency.
The latest road conditions can be obtained by calling 5 1 1.
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https://localnews8.com/weather/alerts-weather/2022/04/11/winter-storm-warning-issued-april-11-at-243pm-mdt-until-april-12-at-600am-mdt-by-nws-pocatello-id/
| 2022-04-11T22:14:38Z
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NEW YORK, July 13, 2022 /PRNewswire/ -- The Harris Poll, a Stagwell (NASDAQ: STGW) agency, is proud to be a sponsor of the 2022 17th Annual Fierce Pharma PR & Communications Summit, the premier event dedicated to providing life science communicators with industry updates and best practices for successful communications strategies in today's complex healthcare environment. The summit will be held July 19 and 20 in Jersey City, NJ.
"The Pharma PR summit is such a valuable conference for healthcare communicators, marketers, policy makers, and advocates and one I'm always happy to support and participate in," said Kathy Steinberg, Vice President at The Harris Poll and Advisory Board member for Fierce Pharma. "In an increasingly fragmented and complicated media landscape, I think it's more important than ever for data-driven thought leadership to be a core feature of how players in the healthcare space communicate with their many and varied stakeholders."
Three representatives from The Harris Poll's Media Communications Research and Reputation practices will present at the summit:
- Steinberg, Vice President and Advisory Board member for Fierce Pharma, moderating, "Digital First & Data Driven Communications Best Practices" on Day 1 of the conference;
- Michele Salomon, Vice President, moderating "Combating Misinformation and Bias in Healthcare Communications," also on Day 1; and,
- Rob Jekielek, Managing Director, who will lead, "Pharma Reputation: Fighting the Fade with Purposeful Pivots" on Day 2 of the conference.
Jekielek will present the latest Harris Poll data tracking the Pharma industry's reputation from The Axios-Harris Poll 100 (Harris Poll's 23rd Annual RQ Study). Additionally, insights from key HCP/ healthcare experts will be shared to understand today's marketplace more fully. This data-driven session will look at the incredible evolution of corporate reputation in the pharma and biotech industries from well before COVID to today.
The Harris Poll will also share new research, conducted among a nationally representative sample of over 2,000 U.S. adults, to understand health information sources and the role they play in supporting patients in managing their health as well as facilitating their relationship with their healthcare providers. The research includes a comparison of the public's trust in health-related information sources from 2019 to 2022.
The Harris Poll has been a sponsor of the Fierce Pharma PR Summit for four years.
For more information about The Harris Poll or to learn more about our healthcare practice, please visit the https://theharrispoll.com/industries/healthcare/
About The Harris Poll
The Harris Poll is one of the longest-running surveys in the U.S., tracking public opinion, motivations and social sentiment since 1963. It is now part of Harris Insights & Analytics, a global consulting and market research firm that strives to reveal the authentic values of modern society to inspire leaders to create a better tomorrow. We work with clients in three primary areas; building twenty-first century corporate reputation, crafting brand strategy and performance tracking, and earning organic media through public relations research. Our mission is to provide insights and advisory to help leaders make the best decisions possible.
About the Media Communications Research Practice
Built on the 50+ year heritage of The Harris Poll, the Media Communications Research practice supports the full scope of clients' data-driven communications strategy, including paid, earned, social and owned media. Whether the goal is to own and tell their own story through thought leadership research, to measure what the public thinks or knows through public opinion polling, or to influence the policy and legislative agenda by taking a public affairs lens, our consultants guide the research and analysis process, from discovering a unique space a client can own through supporting the full range of outreach activities.
Harris Poll Reputation Practice
The Harris Poll's reputation insights capabilities are powered by 25 years of dedicated expertise that provide strategic guidance, well beyond just the data or a dashboard. 2022 marks the 23rd annual release of the Harris Poll's Reputation Quotient (RQ) Study – currently released in partnership with Axios as The Axios-Harris Poll 100 (more details can be found here: https://theharrispoll.com/partners/media/axios-harrispoll-100/)
The Harris Poll's healthcare reputation expertise is showcased through regularly building and managing programs that cover 20+ global markets and 12+ stakeholders (including the most complex and hard to reach, such as Policy Makers, Payers, and Hospital System Decision Makers, in addition all healthcare Medical Specialties). Today, more than ever, this work also creates actionable value in context of ever-changing business, societal and healthcare issue/ trend landscape.
Contact:
Michele Salomon
michele.salomon@harrispoll.com
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https://www.wibw.com/prnewswire/2022/07/13/stagwells-stgw-harris-poll-sponsors-annual-fierce-pharma-pr-amp-communications-summit-presenting-results-healthcare-communications-reputation-pharma-industry/
| 2022-07-14T00:46:31Z
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SMITHS FALLS, ON, July 22, 2022 /PRNewswire/ - Canopy Growth Corporation ("Canopy Growth" or the "Company") (TSX: WEED) (NASDAQ: CGC) will release its financial results for the first quarter fiscal year 2023 ended June 30, 2022 before financial markets open on August 5, 2022.
Following the release of its first quarter fiscal year 2023 financial results, Canopy Growth will host an audio webcast with David Klein, CEO and Judy Hong, CFO on August 5, 2022, at 10:00 AM ET.
Management will address questions during a Q&A portion of the call related to Canopy Growth's business and financial results. Additionally, verified shareholders can submit and upvote questions in advance using a platform developed by Say Technologies. Shareholders can submit questions starting on July 29, 2022, at 10:00 am ET by visiting:
https://app.saytechnologies.com/canopy-growth-corporation-2023-q1.
The platform will close on August 4, 2022, at 10:00 am ET.
A live audio webcast will be available at:
A replay will be accessible by webcast until 11:59 PM ET on November 5, 2022 at:
Canopy Growth (TSX:WEED, NASDAQ:CGC) is a world-leading diversified cannabis and cannabinoid-based consumer product company, driven by a passion to improve lives, end prohibition, and strengthen communities by unleashing the full potential of cannabis. Leveraging consumer insights and innovation, we offer product varieties in high-quality dried flower, oil, softgel capsule, infused beverage, edible, and topical formats, as well as vaporizer devices by Canopy Growth and industry-leader Storz & Bickel. Our global medical brand, Spectrum Therapeutics, sells a range of full-spectrum products using its colour-coded classification system and is a market leader in both Canada and Germany. Through our award-winning Tweed and Tokyo Smoke banners, we reach our adult-use consumers and have built a loyal following by focusing on top quality products and meaningful customer relationships. Canopy Growth has entered into the health and wellness consumer space in key markets including Canada, the United States, and Europe through BioSteel sports nutrition, and This Works skin and sleep solutions; and has introduced additional hemp derived CBD products to the United States through our First & Free and Martha Stewart CBD brands. Canopy Growth has an established partnership with Fortune 500 alcohol leader Constellation Brands. For more information visit www.canopygrowth.com.
This press release contains "forward-looking statements" and "forward-looking information" within the meaning of applicable U.S. and Canadian securities laws (collectively, "forward-looking statements"), which involve certain known and unknown risks and uncertainties. Forward-looking statements predict or describe our future operations, business plans, business and investment strategies and the performance of our investments. These forward-looking statements are generally identified by their use of such terms and phrases as "intend," "goal," "strategy," "estimate," "expect," "project," "projections," "forecasts," "plans," "seeks," "anticipates," "potential," "proposed," "will," "should," "could," "would," "may," "likely," "designed to," "foreseeable future," "believe," "scheduled" and other similar expressions. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statement was made. Forward‐looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management, are inherently subject to significant business, economic and competitive risks, financial results, results, performance or achievements expressed or implied by those forward‐looking statements and the forward‐looking statements are not guarantees of future performance. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. A discussion of some of the material factors applicable to Canopy Growth Corporation ("Canopy") can be found under the section entitled "Risk Factors" in Canopy's Annual Report on Form 10-K for the year ended March 31, 2022, filed with the Securities and Exchange Commission and with applicable Canadian securities regulators, as such factors may be further updated from time to time in its periodic filings with the Securities and Exchange Commission and with applicable Canadian securities regulators, which can be accessed at www.sec.gov/edgar and www.sedar.com, respectively. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this press release and in the filings. Any forward‐looking statement included in this press release is made as of the date of this press release and, except as required by law, Canopy disclaims any obligation to update or revise any forward‐ looking statement. Readers are cautioned not to put undue reliance on any forward‐looking statement. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
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https://www.wibw.com/prnewswire/2022/07/22/canopy-growth-report-first-quarter-fiscal-2023-financial-results-august-5-2022/
| 2022-07-22T13:15:30Z
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The Patrick Lyoya shooting reopens debate about how police interact with Black people. Here are other high-profile cases
By Giselle Rhoden, CNN
It is an all-too-familiar scenario. A Black person is killed during a routine traffic stop. Days later, video is released, and family attorneys and civil rights leaders often say it conflicts with what police say happened.
The shooting of Patrick Lyoya in Grand Rapids, Michigan, earlier this month is the latest high-profile police shooting under scrutiny.
On Wednesday, Grand Rapids police released several video clips, which show Lyoya’s entire encounter with a police officer after a traffic stop, including the moment the officer fatally shot the 26-year-old Black man.
Several hundred people protested after the video was released, with many chanting, “Justice for Patrick.”
Lyoya’s parents, Dorcas and Peter, and his brother Thomas wept at a news conference Thursday calling for the prosecution of the officer involved in the incident and demanding justice.
While details of the case — and the expected fallout — are still unfolding, Lyoya’s death not only puts the attention back on how a traffic stop can become fatal but reopens years-long frustration with how police interact with Black people. Killings at the hands of law enforcement continue to leave families devastated and social justice advocates calling for reform and policy changes.
On Tuesday, three former Minneapolis police officers rejected a plea deal from prosecutors as they await trial for charges in George Floyd’s death. And last week, prosecutors declined to file charges against the Minneapolis police officer who fatally shot Amir Locke or any other officers involved in the no-knock warrant service that led to the 22-year-old Black man’s death in early February.
Although Minnesota juries found former police officer Derek Chauvin guilty of murder in Floyd’s death and Kim Potter guilty of manslaughter for shooting Daunte Wright, experts note how rare it is that police officers involved in high-profile, and sometimes deadly, on-duty incidents ever face criminal charges or are convicted.
“It’s rare because the juries are very reluctant to second guess and judge the actions of on-duty police officers in violent street encounters,” Philip Matthew Stinson, a criminal justice professor at Bowling Green State University, told CNN previously.
Here is a look at some of the most recent high-profile and controversial police shootings and the outcomes:
Patrick Lyoya, 26
When: April 4, 2022
Where: Grand Rapids, Michigan
What happened: The incident began just after 8 a.m. ET on April 4 when police say they pulled over a vehicle for improper registration. The driver, now known to be Lyoya, got out of the vehicle and at some point, ran, Grand Rapids Police said. Body camera footage showed the officer chasing and tackling Lyoya, resulting in a minutes-long struggle.
The officer attempted to tase Lyoya at least twice, according to the police chief, but failed to make contact as Lyoya put his hands on the Taser. At that point, the officer’s body camera was accidentally deactivated but cell phone video shows the fatal shot to the head, which can also be heard in video from a home surveillance camera.
What’s next: Michigan State Police said once the investigation is completed, the evidence will be turned over to the county prosecutor who will decide on charges. The officer’s name will be released if charges are filed.
Kent County Prosecuting Attorney Christopher Becker asked for patience from the public.
“While the videos released today are an important piece of evidence, they are not all the evidence… By law, we are required to review all available evidence before we consider whether charges should be filed, and if so, what appropriate charges should be,” he said in a statement Wednesday.
A death certificate with the cause and manner of Lyoya’s death has been prepared but will not be completed until the toxicology and tissue test results have been received from a contracted laboratory, Kent County Chief Medical Examiner Dr. Stephen D. Cohle said in a Wednesday statement, adding his office has requested the results be expedited.
Amir Locke, 22
When: February 2, 2022
Where: Minneapolis, Minnesota
What happened: Minneapolis police were executing a no-knock search warrant linked to a homicide investigation in neighboring St. Paul, when a SWAT officer shot and killed Locke, who appeared to be asleep on a couch when officers came in. Locke wasn’t named in the warrant; Locke’s cousin was.
City officials didn’t release a lot of information in the days after an officer shot Locke, other than 14 seconds of video that they said showed Locke with the gun.
The video shows officers using a key to open the apartment’s door as officers shout, “Police! Search warrant!” Other officers yelled, “Hands! Hands! Hands!” and “Get on the f****ng ground!” as they approach Locke, who was sleeping on the couch and wrapped in blankets. One officer kicks the back of the couch, waking up Locke. He begins to sit up with his gun in his hand as three shots in the home can be heard by officers.
The outcomes: Mark Hanneman — the Minneapolis SWAT officer responsible for the fatal shot — was placed on administrative leave but returned to active duty on February 28. Last week, CNN reported prosecutors will not file any charges against Hanneman and any of the other officers involved in the shooting due to insufficient admissible evidence.
Following Locke’s death, the Minneapolis mayor’s office announced the police department would be prohibited from executing no-knock search warrants starting April 8.
Daunte Wright, 20
When: April 11, 2021
Where: Brooklyn Center, Minnesota
What happened: The young father was pulled over by police for an expired tag and an illegal air freshener. During the stop, officers learned he had an outstanding warrant and attempted to arrest him, but Wright pulled away and tried to drive off.
As video of the incident shows, Officer Kim Potter yelled, “Taser” repeatedly before she shot Wright with her handgun. She then said, “Holy sh*t! I just shot him!” She added: “I grabbed the wrong f**king gun, and I shot him.”
The shooting led to days of unrest in suburban Brooklyn Center after a tumultuous year of coast-to-coast protests over police brutality and how officers interact with Black people.
The outcome: In December, Potter was found guilty of first and second-degree manslaughter in Wright’s death. CNN reported in February that she was sentenced to two years in prison, far less than the seven years and two months prosecutors requested.
George Floyd, 46
When: May 25, 2020
Where: Minneapolis, Minnesota
What happened: Minneapolis Police responded to a report of a “forgery in progress” outside of a Cup Foods store where Floyd was accused of passing a counterfeit $20.
Officers approached Floyd’s car, yanked him from the vehicle, handcuffed him and began to struggle with him in front of a squad car. Video camera footage showed one officer — in an effort to restrain Floyd — knelt on his neck for over nine minutes. Floyd pleaded with officers to release him saying, “I can’t breathe,” and repeatedly calling out for his mother. After several minutes, he was unresponsive.
The outcomes: The Minnesota governor issued an executive order activating the national guard amidst the protests following Floyd’s death. Protests then spread nationwide in the summer of 2020 as #BlackLivesMatter resurged in popularity on social media.
Derek Chauvin — the officer who knelt on Floyd’s neck — was convicted of second-degree unintentional murder, third-degree murder and second-degree manslaughter for killing Floyd. Chauvin faces 22 years in prison.
In February, three other officers were found guilty of violating Floyd’s civil rights. CNN reported Tuesday that they are set to stand trial in mid-June for their involvement in Floyd’s death. They have all pleaded not guilty.
Ronald Greene, 49
When: May 10, 2019
Where: Baton Rouge, Louisiana
What happened: Louisiana State Police (LSP) engaged in a vehicle pursuit of Ronald Greene after attempting to pull him over for an unspecified traffic violation. LSP reported that the pursuit ended with Greene crashing his car into a tree.
Two years later, body camera footage of the incident was released that showed state troopers repeatedly tasing, beating and violently dragging Greene. The family has filed a lawsuit, accusing the agency of trying to cover up how Greene died. Greene’s family said they were initially told that he died in a car crash, but forensics examiners later eliminated the car crash as being a reason for his cause of death.
The autopsy, prepared by the Union Parish Coroner’s Office, states in its opinion section that lacerations of Greene’s head were “inconsistent with motor vehicle collision injury and most consistent with multiple impacts from a blunt object.”
What’s next: A special committee has been investigating Greene’s case since 2019. Last May, two of the state troopers involved in Greene’s death were reprimanded for their actions, specifically for violating body camera procedures.
Last week, the local Louisiana district attorney with jurisdiction over the town where Greene died told state lawmakers he plans to convene a special grand jury and pursue criminal charges against the troopers involved in the Black motorist’s death.
There have been no arrests or indictments of any of the officers involved. Meanwhile, the former head of the LSP on Thursday failed to appear at an appeal hearing related to the case.
Breonna Taylor, 26
When: March 13, 2020
Where: Louisville, Kentucky
What happened: A Jefferson County circuit judge issued five search warrants in pursuit of Taylor’s ex-boyfriend, convicted of drug-related crimes.
One of those warrants was for Taylor’s apartment, and Louisville Metro Police Department executed it early on the morning on March 13. Police announced themselves and battered down the front door while Taylor and her boyfriend, Kenneth Walker, were in bed. Thinking they were intruders, Walker fired one shot at officers with a gun he legally owned. Officers then responded with heavy fire, fatally shooting Taylor during the raid.
The outcomes: Protests erupted in Louisville shortly after Taylor’s death. The case started to gain more national attention following the murder of Floyd in Minneapolis. Her death — along with Floyd’s — sparked a racial reckoning in the US when demonstrators across the country demanded an end to discriminatory policing practices and inspired more conversations about police brutality against Black women.
The city of Louisville agreed to pay Taylor’s family a $12 million settlement for their wrongful death lawsuit, the highest settlement ever paid by the city, according to a spokeswoman from the Louisville mayor’s office.
Brett Hankinson — one of the officers involved in the raid — was the only officer charged in connection with the shooting. He was acquitted on three counts of felony wanton endangerment in connection with the raid.
David McAtee, 53
When: June 1, 2020
Where: Louisville, Kentucky
What happened: During a protest following the death of Taylor and Floyd, Louisville police and the Kentucky National Guard were sent to disperse a large crowd of demonstrators around midnight in front of a BBQ stand McAtee owned. Officers began firing pepper balls into the crowd, one of which hit McAtee’s niece, McAtee’s nephew told CNN affiliate WAVE. Louisville Police released a video where McAtee appears to grab his niece and fire shots at officers. Louisville Police and the National Guard then took cover and fired back, killing McAtee, according to the former police chief.
The outcomes: One former police officer has been indicted for unreasonable force against an individual during the protest that lead to McAtee’s death. McAtee’s family also filed a wrongful death lawsuit against 10 LMPD officers and 10 members of the Kentucky National Guard, accusing them of assault and battery, excessive use of force and negligence among other charges.
Atatiana Jefferson, 28
When: October 12, 2019
Where: Fort Worth, Texas
What happened: Overnight on October 12, Fort Worth officers responded to a call from a concerned neighbor who noticed the front door was left open at Jefferson’s home.
Jefferson was babysitting her nephew for her sister, who was recovering from heart surgery, when two Fort Worth police officers arrived at the home without knocking. Police reports say Jefferson heard a noise outside, approached the window and pulled out her gun. Body camera footage shows one officer demanding through the window for Jefferson to show her hands before opening fire through the window, killing her in front of her nephew.
The outcomes: In December 2019, a Texas grand jury indicted former Fort Worth officer Aaron Dean for Jefferson’s death. The Fort Worth Telegram previously reported that Dean pleaded not guilty and was released on bond in October 2019, with a trial scheduled for this May.
Jefferson’s father filed a wrongful death lawsuit against the city of Fort Worth and Dean. Jefferson’s sister filed a separate wrongful death lawsuit against the city of Fort Worth, Dean and Fort Worth’s former police chief.
Elijah McClain, 23
When: August 24, 2019
Where: Aurora, Colorado
What happened: Elijah McClain was walking home from a convenience store when he was confronted by three officers in Aurora, Colorado in response to a 911 caller reporting a suspicious person wearing a ski mask.
McClain “resisted contact” and a struggle ensued, according to a news release from police.
McClain was wrestled to the ground, according to a letter from the Adams County District Attorney, and an officer proceeded to place him in a carotid hold, restricting blood flow to his brain. When paramedics arrived, they administered McClain ketamine, a powerful anesthetic. He suffered a heart attack en route to the hospital and was declared brain dead three days later.
The outcomes: Last year, the city agreed to pay the McClain family $15 million to settle the civil rights lawsuit the family filed after his death.
A Colorado grand jury indicted three police officers and two paramedics in September each on manslaughter and criminally negligent homicide, among other charges as part of a 32-count indictment. Colorado Attorney General Phil Weiser opened the investigation after a viral petition advocated for the investigation and the Adams County District Attorney declined to bring charges against the officers.
The Colorado Attorney General’s Office launched a 14-month investigation into the Aurora police and fire departments. The investigation found the police department had a pattern of practicing racially biased policing and excessive force and had failed to record legally required information when interacting with the community.
In November, the city and the state of Colorado reached an agreement on the terms of a consent decree to resolve issues with the Aurora Police Department and Aurora Fire Rescue that were identified in a September “Patterns and Practices” report.
The consent decree covers four areas identified in the Attorney General’s report: Racially Biased Policing, Use of Force, Documentation of Stops, and Ketamine and Other Chemical Restraints.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Omar Jimenez, Alta Spells, Nick Valencia and Jade Gordon contributed to this report.
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https://localnews8.com/news/national-world/cnn-national/2022/04/16/the-patrick-lyoya-shooting-reopens-debate-about-how-police-interact-with-black-people-here-are-other-high-profile-cases/
| 2022-04-16T16:02:04Z
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'We all have a role to play.' Suicide response coordinator talks community after cluster
CANTON ‒ Some people live by mottos. Snappy phrases about hard work and kindness and self-affirmation navigate them through challenges in their everyday lives.
Elena Aslanides-Kandis uses a mantra in her work as suicide and community response coordinator at Stark County Mental Health & Addiction Recovery: We all have a role to play in preventing suicide.
It's a fitting motto for the Stark County native. She arrived at the agency in 2018 — shortly after a dozen teens living in the Perry, Plain, Jackson, Northwest and Canton Local school districts died by suicide. Coming into the position during a time when many in the community were trying to make sense of the tragedies, she said, was a terrifying experience.
"I felt like a lot of people were trying to run from it," Aslanides-Kandis said, "because people didn't know what to do. Here I was running towards the problem, wanting to make a difference."
Four years in, she is focused on educating Stark County school districts and communities on the ways they can help at the various stages of suicide prevention.
'What is happening in Stark County?'
She didn't always plan on working in mental health.
After she graduated from GlenOak High School in 2000, Aslanides-Kandis went to Ohio Northern University to study pharmacy. She took a psychology and law class that fascinated her, inspiring her to change her major. She transferred to the University of Akron to pursue a degree in psychology. A professor suggested she consider a career in counseling.
"That's what I ended up doing," Aslanides-Kandis said.
She graduated from Akron in 2004 and then earned her master's from Kent State in 2007. She started her career as a behavioral health counselor, providing direct care to children and teens. Aslanides-Kandis later became a clinical manager for school-based services, coordinating and supervising mental health services in Summit County school districts. She was in that role when the suicide cluster occurred.
"I remember talking with one superintendent who just was, like, 'What is happening in Stark County?'" she said.
The tragedies affected her as a Plain Township native, resident and mom of two. She never wanted her young children to see suicide as an option, she said, and she knew how it can devastate a community. Aslanides-Kandis was in sixth grade when a peer of hers died by suicide. Her voice grew heavy with emotion as she recalled the experience on a recent Tuesday afternoon at Muggswigz Coffee and Tea in downtown Canton.
"Going to his calling hours," she said. "Seeing his mom struggle in the way that she did. That has impacted my life I think in more ways than I even realized at the time."
Aslanides-Kandis' role as suicide and community response coordinator was a new position to StarkMHAR. It came as a recommendation from the Centers of Disease Control and Prevention after federal public health officials spent time in Stark County in 2018 investigating the crisis. The agency wanted someone to focus on the entire suicide prevention continuum, which includes prevention, intervention and "postvention," a term used to describe activities that reduce risk and promote healing after a suicide.
Aslanides-Kandis took the job about halfway through 2018. The 40-year-old has short dark hair and speaks about suicide prevention with a sense of compassion and honesty. She said she learned a lot about responding to suicide early on in her position.
"I think there's a lot more education available (in suicide prevention)," she said. "But postvention, what happens after a suicide death, that was something that this county I think just really struggled with."
Aslanides-Kandis said it's difficult to walk into a school that has recently experienced a loss, but the way a district responds to it plays an important role in preventing future suicide deaths. Hosting large community gatherings, creating memorials or announcing a death over a loudspeaker can inadvertently harm people, she said, leaving them in an unsafe place.
"If we can't provide support, control and structure, it's not something that we should be doing as a community," she said.
She said StarkMAHR based its approach to postvention on three pillars: consistency, support and structure. Treating every loss the same, providing a sense of normalcy and offering counseling to those who need it are a few of the necessary steps to responding to any death, including one by suicide.
"When kids, even as adults, anybody loses somebody, regardless of how they died, that causes you to question your mortality, which is why we're constantly concerned about suicide," Aslanides-Kandis said. "When you look at how lives are remembered and memorialized, we've had to do a lot of work in that area just to ensure that other kids who could be at risk or are vulnerable aren't considering suicide because they want to be remembered."
She takes pride in being able to give support to school districts dealing with loss, she said, and working to prevent future ones.
Aslanides-Kandis said this "multiple prong" strategy helped the agency decrease the county's rate of suicide deaths. Seventy-one individuals died by suicide in Stark County in 2018, according to a report from StarkMHAR. Seven of those individuals were between the ages of 10 and 19.
In 2020, Stark County had 57 suicide deaths in 2020, with four individuals under the age of 18. Seventy-six people in Stark County died by suicide in 2021, and one of those deaths was someone under 18.
Research from the Journal of the American Medical Association shows that the rate of suicide deaths among teens has increased since the start of the pandemic in several states, including Georgia, Indiana, New Jersey, Oklahoma and Virginia.
Aslanides-Kandis said many communities are still struggling, but that Stark County's numbers have decreased so far this year.
"As of early August, we were still trending down for the year, so we'll see where we end up," she said.
Making a difference
Aslanides-Kandis wants people to know they can make a difference in helping prevent suicide.
People can practice active listening, check up on their friends and family, and know and look out for the warning signs of suicide. Many have a misconception that asking someone if they are at risk will increase the likelihood of them attempting suicide, she said, but that isn't the case.
"There's research that shows that by asking someone if they're having thoughts of suicide, it actually can decrease their anxiety because it shows you're open to talking about that," Aslanides-Kandis said.
Allyson Rey, director of marketing and communications at StarkMHAR, said Aslanides-Kandis' rallying cry that everyone has a part in suicide prevention has stuck with her over the years.
"We've been taught just as a staff, it's OK to ask somebody that question," Rey said. "You're not going to plant the idea in their head. They're not going to think 'Oh, you think I'm that bad that you have to ask me that.'"
Aslanides-Kandis said one of her goals is to make people more open to talking about suicide in not only schools and the health care system but in the community. She encourages people to keep the phone number for Stark County's Mobile Response Team (330-452-6000) saved in their phone. Anyone in Stark can call this number if they or someone they know needs urgent intervention.
"There's a chance you will come in contact with someone in crisis at some point," Aslanides-Kandis said.
'We worked hard to change that.'
Every year, the Stark County Suicide Prevention Coalition — which includes StarkMHAR — hosts a walk designed to increase suicide awareness. It was structured "completely differently" before Aslanides-Kandis joined StarkMHAR and became the organizer.
"It was just for suicide loss survivors," she said. "What I was hearing was they felt like they were on this island alone and the community didn't care about them. So we worked hard to change that."
The event now features speakers and a one-mile walk anyone in the community is invited to attend. Participants this year received a suicide awareness pin and a candle to light Sept. 10, which is World Suicide Prevention Day.
Aslanides-Kandis said the walk is one of her favorite parts of her job. The 2022 walk was the agency's most attended event to date, she said.
"Leaving that event, I feel so hopeful every year," she said. "It's emotionally exhausting, but to see people hurting who previously may have felt like they were on this island alone ... just hearing their stories and being grateful to be able to come together is one of the most rewarding things."
Reach Paige at 330-580-8577 or pmbennett@gannett.com, or on Twitter at @paigembenn.
Where to get help
Need help? The following resources are available any time of day:
• National Suicide Prevention Lifeline: 800-273-8255 (or, simply dial “988”)
• Stark County Crisis Hotline: 330-452-6000
• Crisis Text Line, text ‘4hope’ to 741-741
• Trevor Project Lifeline for LGBTQ youth: 866-488-7386
• Trans Lifeline: 877-565-8860
• Military & Veterans Crisis Line: 800-273-8255, press 1
• Military & Veterans Crisis Text Line: 838255
CommQuest Detox at Aultman Hospital: 330-830-3393
Learn how to make your home a “Safe Home” by removing unnecessary risks for substance abuse and suicide at starkmhar.org/prevention-resources/safe-home.
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https://www.cantonrep.com/story/news/local/stark-county/2022/09/09/stark-county-suicide-response-coordinator-discusses-work-after-cluster/65465693007/
| 2022-09-09T11:01:53Z
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11 federally indicted for child sex, drug, interstate crimes in Kansas
WICHITA, Kan. (WIBW) - Eleven individuals have been indicted in federal court for various crimes - which include child sex crimes, drug crimes, and crimes that crossed state borders - all of which happened in Kansas.
The U.S. Attorney’s Office for the District of Kansas says on Friday, July 15, it indicted 11 individuals for crimes committed in or against the Sunflower State.
The Office said a federal grand jury in Wichita indicated Isabel Xorxe Tay, 35, of Guatemala, with one count of possession of a false social security card or number.
Court documents indicate that Tay allegedly used the name and security of a different person to apply for and gain employment at a company in Dodge City under the guise of a documented U.S. citizen.
Records also show that Michele Bonham, also known as Michele Williamson, 39, of Wichita, was charged with one count of distribution of methamphetamine while Danny Griffin, 37, of Wichita was indicted on one count of fentanyl and heroin conspiracy. Wayne Howard Hunter, 59, of Geneseo was also charged with one count of possession with intent to distribute meth.
According to the Office, Ethan Bray, 22, of Wichita was also indicted on Friday on one count of distribution of child pornography and one count of possession of child pornography. Jesse James Edwards, 41, of Fort Scott, was also indicted on the same charges.
The office also noted that Jonathan Bonilla, 26, was indicted on three counts of possession of counterfeit currency and Toreon Jenkins, 21, of Wichita was charged with one count of use, carry and possession of a firearm in relation to a drug trafficking crime and one count of collection of extortionate extensions of credit. Meanwhile, Karl Williams Jr., 31, of Wichita was indicted on one count of possession of counterfeit obligations and one count of prohibited persons in possession of a firearm.
As for other indictments of out-of-state individuals, the Office said Deon B. Lacey, 36, of Capitol Heights, Md., and Anthony, E. Brown, 39, of Washington, D.C., were both charged with one count of possession with intent to distribute cocaine and one count of interstate travel in aid of racketeering.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/07/15/11-federally-indicted-child-sex-drug-interstate-crimes-kansas/
| 2022-07-15T18:06:05Z
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Experienced financial executive joins the executive team at Houston based company
HOUSTON, June 2, 2022 /PRNewswire/ -- FibroBiologics, a clinical-stage company focused on the development of fibroblast cell-based therapeutics for chronic diseases, today announced the appointment of Mark C. Andersen MBA, CFA, CPA, as Chief Financial Officer. Mr. Andersen will serve as a key member of the FibroBiologics executive leadership team and play a critical role in the company's strategic financial decision-making.
"Mark brings to the executive leadership team wide-ranging experience in corporate finance, licensing and business development within the life science industry," said Pete O'Heeron, Chief Executive Officer. His broad financial expertise will be vital to FibroBiologics' continued growth in our research and clinical programs. Mark will be an invaluable addition to our team and his previous experience in accounting and SEC reporting will be instrumental as we deliver on our goal to enter the public markets."
"This is an exciting time at FibroBiologics after the announcement of a $100 million equity facility from GEM Capital and continued growth in our clinical programs. I look forward to working with the talented leadership team as we work toward achieving our mission of transforming the way patients with chronic illnesses are treated with our first-in-class fibroblast technology," said Mr. Andersen.
Mr. Andersen most recently served as the Chief Financial Officer (CFO) and Vice President (VP) of Administration at Indiana Biosciences Research Institute (IBRI), overseeing finance, human resources, legal and administrative functions. While at IBRI, Mr. Andersen negotiated a master licensing agreement and in-licensed two technologies to help establish a technology platform in single-cell analytics. He previously served as VP of Finance and Corporate Controller at Mimedx, where he was responsible for financial accounting and SEC reporting. Mr. Andersen also served in various financial positions at Eli Lilly and Company, including Director of Global Treasury Pension and Benefits, Director of Mergers and Acquisitions, Director and Controller of Lilly USA LLC, Manager of Corporate Financial Reporting, Financial Consultant of Global Treasury and Senior Financial Analyst of Global Product Development. At Lilly, he managed investments totaling $13 billion, led M&A transactions, provided financial leadership and negotiation support for licensing deals, and directed all financial aspects of a collaborative partnership during the late-stage development and commercial launch of a first-in-class diabetes drug. Mr. Andersen received his M.B.A. from the University of Michigan and his B.S. in Accounting and M.S. in Accountancy from Southern Utah University.
About FibroBiologics
Based in Houston, FibroBiologics is a regenerative medicine company developing a pipeline of treatments for chronic diseases using fibroblast cells. FibroBiologics holds 150+ US and internationally issued patents/patents pending across various clinical pathways, including disc degeneration, orthopedics, multiple sclerosis, wound healing, reversing organ involution, and cancer. FibroBiologics represents the next generation of medical advancement in cell therapy. For more information, visit www.FibroBiologics.com.
Contact
info@fibrobiologics.com
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https://www.kxii.com/prnewswire/2022/06/02/fibrobiologics-appoints-mark-c-andersen-chief-financial-officer/
| 2022-06-02T14:28:59Z
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NEW YORK, June 24, 2022 /PRNewswire/ -- Along with high blood pressure, diabetes, and smoking, environmental factors such as air pollution are highly predictive of people's chances of dying, especially from heart attack and stroke, a new study shows.
Led by researchers at NYU Grossman School of Medicine and the Icahn School of Medicine at Mount Sinai, the study showed that exposure to above average levels of outdoor air pollution increased risk of death by 20%, and risk of death from cardiovascular disease by 17%.
Using wood- or kerosene-burning stoves, not properly ventilated through a chimney, to cook food or heat the home also increasd overall risk of death (by 23% and 9%) and cardiovascular death risk (by 36% and 19%). Living far from specialty medical clinics and near busy roads also increased risk of death.
Publishing in the journal PLOS ONE online June 24, the findings come from personal and environmental health data collected from 50,045 mostly poor, rural villagers living in the northeast Golestan region of Iran. All study participants were over age 40 and agreed to have their health monitored during annual visits with researchers dating as far back as 2004.
Researchers say their latest investigation not only identifies environmental factors that pose the greatest risk to heart and overall health, but also adds much-needed scientific evidence from people in low- and middle-income countries. Traditional research on environmental risk factors, the researchers note, has favored urban populations in high-income countries with much greater access to modern health care services.
Compared with those who have easier access to specialized medical services, those living farther away from clinics with catheterization labs able to unblock clogged arteries, for example, were at increased risk of death by 1% for every 10 kilometers (6.2 miles) of distance. In Golestan, most people live more than 50 miles (80 kilometers) away from such modern facilities.
Study results also showed that the one-third of study participants who lived within 500 meters (1,640 feet) of a major roadway had a 13% increased risk of death.
"Our study highlights the role that key environmental factors of indoor/outdoor air pollution, access to modern health services, and proximity to noisy, polluted roadways play in all causes of death and deaths from cardiovascular disease in particular," says study senior author and cardiologist Rajesh Vedanthan, MD, MPH.
"Our findings help broaden the disease-risk profile beyond age and traditional personal risk factors," says Vedanthan, an associate professor in the Department of Population Health and the Department of Medicine at NYU Langone Health.
"These results illustrate a new opportunity for health policymakers to reduce the burden of disease in their communities by mitigating the impact of environmental risk factors like air pollution on cardiovascular health," says study lead author Michael Hadley, MD, a fellow in cardiology and incoming assistant professor of medicine at Mount Sinai.
By contrast, the study showed that other environmental factors included in the analysis — low neighborhood income levels, increased population density, and too much nighttime light exposure — were not independent predictors of risk of death, despite previous research in mostly urban settings suggesting otherwise.
For the investigation, researchers analyzed data gathered through December 2018. They then created a predictive model on overall death risk and death risk from cardiovascular disease.
The research team plans to continue its analysis and hopes to apply the predictive model to other countries with the aim of fine-tuning its predictive capacity. They say their new tool could serve as a guide for evaluating the effectiveness of environmental, lifestyle, and personal health changes in reducing mortality rates worldwide.
According to the World Health Organization, one-quarter of all deaths worldwide are now attributable to environmental factors, including poor air and water quality, lack of sanitation, and exposure to toxic chemicals.
Funding for the study was provided by U.S. National Institutes of Health grant R21HL140474.
Besides Vedanthan, other NYU Langone researchers involved in this study are Samrachana Adhikari, PhD; and Jackie Szymonifka, MA. Other study co-investigators are Mahdi Nalini, PhD; Akram Pourshams, MD; Hossein Poustchi, PhD; Sadaf Sepanlou, MD; and Reza Malekzadeh, MD, at Tehran University of Medical Sciences in Iran; Arash Etemadi, PhD; Christian Abnet, PhD; and Neal Freedman, PhD, at the National Cancer Institute in Bethesda, Md.; Farin Kamangar, PhD, at Morgan State University in Baltimore, Md.; Masoud Khoshnia, MD, at Golestan University; Tyler McChane, MD, at Icahn School of Medicine at Mount Sinai; and Paolo Boffetta, PhD, at Stony Brook University in New York and the University of Bologna in Italy.
Media Inquiries
David March
212-404-3528
david.march@nyulangone.org
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SOURCE NYU Langone Health
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https://www.wibw.com/prnewswire/2022/06/24/environmental-factors-predict-risk-death/
| 2022-06-24T18:23:28Z
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Nearly $10 million in property damage following severe weather in Manhattan
MANHATTAN, Kan. (KCTV) --- Approximately $10 million worth of damage was reported in Manhattan, Kan., after a wave of severe storms hit the city on Saturday evening.
The Riley County Emergency Management team reports $9.74 million worth of damage. Twenty properties received “major damage” and three homes were completely destroyed.
“We’ve seen a lot of wind damage from this storm and a large amount of debris,” Riley County Emergency Management Director Russel Stukey said. “As you’re cleaning up your property, be aware that nails and other sharp objects are likely present with roof debris and dangling overhead branches could pose a serious danger. Wear protective gear such as gloves, hard-soled shoes, hardhat or helmet, and eye protection. If you don’t feel comfortable performing the work yourself, hire a professional.”
Damage was reported at the Chi Omega and Kappa Alpha Theata houses, which are east of Kansas State University’s campus.
While Riley County was under a tornado warning at one point, a tornado has not been confirmed there as of Sunday afternoon.
Copyright 2022 KCTV. All rights reserved.
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https://www.wibw.com/2022/06/12/nearly-10-million-property-damage-following-severe-weather-manhattan/
| 2022-06-13T00:16:51Z
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SHANGHAI, Aug. 30, 2022 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a cross-border e-commerce company that delivers products directly to consumers around the world, today announced that it will release its unaudited financial results for the second quarter ended June 30, 2022 before the open of U.S. markets on Tuesday, September 6, 2022.
LightInTheBox's management will hold a conference call to discuss the results at 8:00 a.m. Eastern Time on September 6, 2022 (8:00 p.m. Beijing Time on the same day).
Preregistration Information
Participants can register for the conference call by navigating to https://s1.c-conf.com/diamondpass/10024891-4mlfy6f.html. Once preregistration has been complete, participants will receive dial-in numbers, an event passcode, and a unique access PIN.
To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the event passcode followed by your unique access PIN, and you will be joined to the conference instantly.
A telephone replay will be available two hours after the conclusion of the conference call through September 14, 2022. The dial-in details are:
Additionally, a live and archived webcast of the conference call will be available on the Company's Investor Relations website at http://ir.lightinthebox.com.
About LightInTheBox Holding Co., Ltd.
LightInTheBox is a cross-border e-commerce platform that delivers products directly to consumers around the world. The Company offers customers a convenient way to shop for a wide selection of products at attractive prices through its www.lightinthebox.com, www.miniinthebox.com, www.ezbuy.sg and other websites and mobile applications, which are available in 25 major languages and cover more than 140 countries.
For more information, please visit www.lightinthebox.com.
Investor Relations Contact
Christensen
Ms. Xiaoyan Su
Tel: +86 (10) 5900 1548
Email: ir@lightinthebox.com
OR
Christensen
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@ChristensenIR.com
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SOURCE LightInTheBox Holding Co., Ltd.
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https://www.mysuncoast.com/prnewswire/2022/08/30/lightinthebox-report-second-quarter-2022-financial-results-tuesday-september-6-2022/
| 2022-08-30T11:03:42Z
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Not as stormy Sunday - But more rain this week!
SARASOTA, Fla. (WWSB) - Saturday’s storms gave us another round of heavy rain and some flooding. Rain totals for the day and last three days include 1.89″/3.05″ at SRQ, 1.75″/3.74″ downtown Bradenton, and 1.15″/3.75″ at Lakewood Ranch. Rain chances are much lower Sunday and any storms will be isolated. You could actually go to the beach or anywhere outside today!
Rain chances go back up for the workweek. More moisture streams in ahead of a stalled front right across central Florida. This will lead to chances for morning and afternoon showers that are widespread across the Suncoast. By next weekend the daily storms are more isolated again.
We’re at the peak of Hurricane Season, but the tropics are taking a little nap again. There is one minor disturbance off the coast of Africa, it has a zero percent chance of developing in the next two days, and only a 30% chance of developing in the next five days.
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/09/11/not-stormy-sunday-more-rain-this-week/
| 2022-09-11T10:02:42Z
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Which puff-sleeve bodysuit is best?
Fashion bodysuits are an essential wardrobe item fit for any season. Whether tucked under a pair of shorts in the summer or used for layering up in the winter, a bodysuit is a versatile clothing item that can cater to any style. And a puff-sleeve bodysuit can easily transform any outfit into a modern rendition of regal wear, letting you strut down the street with confidence.
The Juliet Puff Sleeve Velvet Bodysuit by Sonnet CXVI features long puff sleeves and a plunging neckline that creates an elegant look fit for costumes or everyday wear. This vibrant bodysuit can be tailored to your measurements and is as comfortable as it is beautiful.
What to know before you buy a puff-sleeve bodysuit
Bodysuits can be paired with anything from a feminine skirt to a pair of casual skinny jeans. A bodysuit can have different top and bottom designs, and puff sleeves can come in different shapes as well. This fashion garment is assured to accentuate the curves of every body type.
How to wear a puff-sleeve bodysuit
The leotard style of a bodysuit can seamlessly fit into any style of bottom. Flouncy skirts, pencil skirts, any cut jeans, trousers, shorts and tights can be pulled over it. At special events, such as costume parties and festivals, there may not be a need for bottoms at all. Be aware that puff sleeves lend a more dramatic style than a basic bodysuit and require more thought when matching with other articles of clothing.
Bodysuit styles
The necklines and sleeve lengths of bodysuits vary widely. Scoop necks, sweetheart, V-neck, high neck, and halter-top looks are popular bodysuit necklines. The bottom of most bodysuits will either be a bikini or thong bottom, although there are longer options out there. The bottom of a bodysuit sometimes has a snap button to allow for easy removal and adjustment.
Puff sleeves can be short, full-length, half-length or off the shoulder. Longer puff sleeves can sometimes be adjusted by bunching them higher or lower on the arms. Pushing them up will exaggerate the puff, while pulling them down can flatten the puffiness. Shorter puff sleeves do not have the versatility of a long puff sleeve — their size can only be changed with professional altering.
Body shape
Bodysuits are flattering regardless of detailing. The tight style clings to the body and creates a seamless look when paired with the right pair of bottoms. Puff sleeves collaborate with the flattering form of bodysuits, their exaggerated sleeves giving the wearer an hourglass figure. When these styles are put together, they can accentuate anyone’s best physical features.
What to look for in a quality puff-sleeve bodysuit
Standard puff-sleeve bodysuits have a snap bottom for convenience. They will be made of supportive, stretchy fabrics and come in specific sizes for people of varying body shapes.
Snap bottom
Unless a thong bottom, a quality puff-sleeve bodysuit will almost always have button snaps at the bottom. This simple feature makes wearing a bodysuit easier, allowing for a quick unsnap when going to the bathroom or trying on other clothes. Bodysuits meant to be worn as a costume may not have a snap since pants are optional with the look.
Supportive fabric
Bodysuits should be made of a supple-enough fabric that there is no danger of ripping when stretching it over the body. Wearing a bra and underwear underneath is usually optional, and the bodysuit needs to be firm enough to hold all the assets in place. Most bodysuits are made of something flexible such as stretchable polyester blend, nylon or spandex. If the bodysuit is a cotton blend, it should have some percentage of nylon or spandex as well.
Size options
There are bodysuits sold as “one size fits all”, but not all designs fit all figures. Unless you have the mythical body type that fits in one-size clothing, find a bodysuit that is close to your size and fits well over your neck, torso and lower body.
How much you can expect to spend on a puff-sleeve bodysuit
Most puff-sleeve bodysuits cost between $18-$25. Higher-quality suits made of better fabrics can cost up to $80.
Puff-sleeve bodysuit FAQ
What body type do puff-sleeve bodysuits look good on?
A. Bodysuits and puff sleeves can be paired with deliberately chosen bottoms to look good on every body type. Puff sleeves accentuate the upper half of those with pear-shaped bodies and when used on a tight-fitting bodysuit, they can exaggerate the hourglass shape.
Do I need to wear a bra under a puff-sleeve bodysuit?
A. Most bodysuits do not come with built-in bra support. Depending on your body and what you find comfortable, you can opt for a braless look, nipple covers or a standard bra underneath. Bodysuits that are sheer, backless or have plunging necklines can be worn with a stylish bralette.
What’s the best puff-sleeve bodysuit to buy?
Top puff-sleeve bodysuit
SonnetCXVI Juliet Puff Sleeve Velvet Bodysuit
What you need to know: A red stretch velvet bodysuit with a deep V neckline and empire waist with long puff sleeves.
What you’ll love: This bodysuit comes in sizes small through large and can be custom-made. Each style is made to order and button snaps can be added to the bottom. The seller is knowledgeable about fashion and details the inspiration behind the plunging neckline, long puff sleeves and empire waist.
What you should consider: The garment cannot be ironed due to the material. Shipping can take one to four weeks.
Where to buy: Sold by Etsy
Top puff-sleeve bodysuit for the money
Floerns Women’s Mock Neck Puff Sleeve Bodysuit
What you need to know: A high-neck bodysuit with black, white and gray options and long puff sleeves.
What you’ll love: It is made of a cotton-spandex blend that is stretchy and comfortable. There is a snap bottom for easy dressing and undressing, and the suit comes in sizes extra small to large.
What you should consider: The white version of this bodysuit is slightly see-through. It has a bikini-style bottom that may create panty lines in tight skirts and shorts.
Where to buy: Sold by Amazon
Worth checking out
Floerns Women’s Puff Sleeve Mesh Ruched Bodysuit
What you need to know: A long-sleeve black bodysuit with mesh puff sleeves.
What you’ll love: The bodysuit has small puff sleeves in an all-black style good for an everyday look. The fabric is 92% nylon and 8% spandex and can stretch from sizes extra small to extra large. There is an alternate option with sheer ruching, a gathering of fabric strips to create a rippling effect, across the sweetheart neckline.
What you should consider: The suit’s waistline is high, so it can only be paired with high-waisted bottoms. The mesh puff-sleeve arms are prone to snagging and should be worn with care.
Where to buy: Sold by Amazon
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https://cw33.com/reviews/br/apparel-br/best-puff-sleeve-bodysuit/
| 2022-06-12T17:45:21Z
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Three years after suing Netflix, Mo'Nique is airing a special on the streamer.
"Thrilled to announce that Netflix is the home for the next original stand-up special from the groundbreaking, trailblazing, and iconic Mo'Nique!" Netflix tweeted Tuesday.
In a video with the tweet, Mo'Nique said, "Can y'all believe this s—?" I done came on home to Netflix."
"Hey y'all, it's your girl Mo'Nique and I'm so excited to share that I'll be shooting my first Netflix comedy special," she said.
She also plugged her upcoming movie "The Deliverance," saying, "And in case you didn't hear, I'm also reuniting with my friend, my brother, director Lee Daniels on the Netflix film 'The Deliverance.' You won't want to miss either of them, so y'all stay tuned! And thank y'all my sweet babies. I love us for real."
Mo'Nique filed a complaint against Netflix over an opening offer of $500,000 for a standup special in 2018. She argued the offer was discriminatory, citing multimillion-dollar deals the company gave to Chris Rock, Dave Chappelle, Ellen DeGeneres and Ricky Gervais.
"I had a choice to make," Mo'Nique said in a Instagram post at the time. "I could accept what I felt was pay discrimination or I could stand up for those who came before me and those who will come after me. I chose to stand up."
The suit was reportedly settled in June for an undisclosed sum, according to The Hollywood Reporter.
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https://www.albanyherald.com/entertainment/monique-launches-netflix-comedy-special-after-suing-the-streaming-giant/article_19abf144-0463-5e6b-b6a8-d80f16e1f5fa.html
| 2022-07-20T18:11:48Z
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SHANGHAI, June 6, 2022 /PRNewswire/ -- CARsgen Therapeutics Holdings Limited (Stock Code: 2171.HK), a company focused on innovative CAR T-cell therapies for the treatment of hematologic malignancies and solid tumors, announces that at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting, the Company presented two posters with study results for CT041, an autologous CAR T-cell product candidate against protein Claudin18.2 (CLDN18.2). The two posters included (1) results from the multicenter Phase 1b CT041 trial in the U.S. for patients with advanced gastric and pancreatic adenocarcinoma and (2) the safety and preliminary efficacy results from the Phase Ib/II CT041 study in China for patients with advanced gastric/gastroesophageal junction adenocarcinoma.
The abstracts of the posters are listed below:
Abstract #2538: Multicenter Phase 1b Trial of Salvage CT041 CLDN18.2 – specific Chimeric Antigen Receptor T Cell Therapy for Patients with Advanced Gastric and Pancreatic Adenocarcinoma
A single-arm, open-label, Phase 1b trial (NCT04404595) was conducted in six centers in the U.S. CLDN18.2 positive patients who had gastric cancer or gastroesophageal junction cancer (GC/GEJ) with ≥ 2 prior lines of systemic therapy or pancreatic cancer (PC) with ≥ 1 prior line were eligible for the study. A preconditioning regimen with fludarabine, cyclophosphamide, and nab-paclitaxel (100 mg or 100 mg/m2; FNC) was given prior to CT041 infusion. Adverse events (AEs) were graded per CTCAE v5.0. Cytokine release syndrome (CRS) and immune effector cell-associated neurotoxicity syndrome (ICANS) were graded by ASTCT criteria. Tumor response was assessed per RECIST 1.1.
As of May 6, 2022, 14 patients had enrolled (5 GC/GEJ, 9 PC) with a median of 3 prior lines of therapy (range 1-5) and had received 18 total cycles of CT041. Fourteen patients were given by three dose levels (DL) including DL1 of 2.5-3.0×108 cells (n=6), DL2 of 3.75-4.0×108 cells (n=6) and DL3 of 6.0×108 cells (n=2).
Safety
No dose-limiting toxicities or treatment-related deaths were observed. No ≥ Grade 3 CRS or ICANS was observed. No gastrointestinal bleeding or acute gastric mucosal injury were reported. One patient did not have CRS. Among the 13 patients with CRS, 11 patients had Grade 1 and 2 patients had Grade 2.
Efficacy
In a subgroup of patients with GC/GEJ, an objective response rate (ORR) of 60% was reported, and one patient achieved complete response (CR). Additionally, tumor shrinkage was observed in 80% (4 of 5) of patients with stable disease (4 patients with PC). Median duration of response (mDOR) and progression-free survival (mPFS) have not been reached. Two patients who received DL3 did not have tumor response assessments by the data cutoff date. Dose-dependent responses were observed in DL1 and DL2. An ORR of 16.7% and a disease control rate (DCR) of 50% was observed in DL1. An ORR of 33.3% and a DCR of 83.3% were observed in DL2. Tumor response details are listed in the table below.
Conclusion
In heavily pre-treated gastric cancer, CT041 CLDN18.2 CAR T cells may have significantly improved antitumor activity compared to historical treatment regimens.
Abstract #4017 Safety, Tolerability and Preliminary Efficacy Results in Patients with Advanced Gastric/Gastroesophageal Junction Adenocarcinoma from a Phase Ib/II Study of CLDN18.2 CAR T-cell Therapy (CT041)
This multicenter, open-label, Phase Ib/II study (NCT04581473) was conducted to evaluate the safety and efficacy in Chinese patients with GC/GEJ. In Phase Ib, CT041 dose levels of 2.5×108 and 3.75×108 cells were investigated using a 3 + 3 design.
Key eligibility criteria for the Phase Ib study: patients with CLDN18.2-positive expression confirmed by immunohistochemistry (IHC) staining (2+/3+ in ≥40% tumor cells), advanced GC/GEJ adenocarcinoma who were refractory to or intolerant of at least 2 prior treatments are eligible for this study. HER2–positive patients should have received standard anti–HER2 therapy.
As of December 22, 2021, 14 eligible patients with GC/GEJ were enrolled in Phase Ib, among which 57.1% had ≥ 3 metastatic organs and 92.9% had peritoneal dissemination. Most of the patients (85.7%) had received 2 prior treatments or a triple combination of fluoropyrimidine, oxaliplatin and paclitaxel. 35.7% of the patients had been exposed to PD-1/PD-L1 inhibitor. The baseline characteristics are shown in the table below.
All 14 patients received 1 cycle of bridging chemotherapy determined by the investigators, including 13 patients (92.9%) received FOLFIRI, and only 1 received 5–FU plus intraperitoneal nab–paclitaxel. All patients received preconditioning treatment (fludarabine 25 mg/m2 on d1–2, cyclophosphamide 250 mg/m2 on d1–3 and nab–paclitaxel 100 mg on d2) before CT041 infusion. All patients received at least one infusion (11 received 2.5×108 cells and 3 received 3.75×108 cells) of CT041 and 7 patients received two infusions. For the 7 patients who received two infusions, the median interval between infusions was 132 days (range 49–252 days).
Safety
No patients had dose–limiting toxicities or AEs leading to death. Thirteen patients had Grade 2 CRS, and only one patient had Grade 4 CRS, which was related to the patient's disease burden, who fully recovered after corticosteroid treatment. No ICANS or gastrointestinal mucosal injury were reported.
Efficacy
Thirteen patients were evaluable and one patient withdrew from the study before any tumor assessment was performed. Eight of 14 (57.1%) patients achieved partial response at the first tumor assessment after the first CT041 infusion. Based on the investigators' assessment, the ORR and DCR were 57.1% and 78.6% respectively.
While the median follow-up time was 8.8 months, the mPFS and median overall survival were 5.6 months and 10.8 months respectively. Seven patients were still alive by the cutoff date.
Conclusion
These preliminary results suggest that CT041 had manageable safety/tolerability profile and promising efficacy in patients with previously treated advanced GC/GEJ adenocarcinoma. This study is ongoing with further investigation of CT041 in confirmatory Phase II underway.
Dr. Raffaele Baffa, Chief Medical Officer of CARsgen Therapeutics Holdings Limited, said, "Solid tumors, including gastric cancer, are of high incidence globally. As treatment options for gastric cancer are still limited, there is a strong need for more innovative therapies. The updated clinical data of CT041 at ASCO 2022 are very encouraging in pre-treated GC/GEJ and PC patients, demonstrating significant efficacy and excellent tolerability, including the impressive ORR of 60% and a case of CR. We look forward to the continuing development of CT041 and we believe it can help more patients."
Dr. Zonghai Li, Founder, Chairman of the Board, Chief Executive Officer, and Chief Scientific Officer of CARsgen Therapeutics Holdings Limited, said, "It is the first time that we presented the data for CT041 from registrational trials in China and the U.S. Following the publication of the results of an investigator-initiated trial of CT041 in Nature Medicine earlier in May, the updated results announced at ASCO 2022 further demonstrated the promising therapeutic efficacy and favorable safety of CT041. CT041 is currently the only CAR T-cell product candidate entering a confirmatory Phase II clinical trial for the treatment of solid tumors. We will spare no efforts to continue driving the global clinical development of CT041 to benefit more cancer patients worldwide."
About CT041
CT041 is an autologous CAR T-cell product candidate against the protein CLDN18.2 that has the potential to be the first-in-class globally. CT041 targets the treatment of CLDN18.2 positive solid tumors with a primary focus on GC/GEJ and PC. CT041 has demonstrated promising therapeutic efficacy and favorable safety in ongoing clinical trials. CARsgen believes that CT041 has the potential to become a backbone therapy for GC/GEJ and PC in the future and benefit a large population of patients worldwide.
As of the date of the announcement, CT041 is the only CLDN18.2-targeted CAR T-cell product candidate globally that is being studied in clinical trials with IND/CTA approvals from the FDA, the NMPA and Health Canada.
Active trials in CARsgen include investigator-initiated trials, a Phase Ib clinical trial for advanced GC/GEJ and PC and a confirmatory Phase II clinical trial for advanced GC/GEJ in China (CT041-ST-01, NCT04581473), and a Phase 1b/2 clinical trial for advanced gastric or pancreatic adenocarcinoma in North America (CT041-ST-02, NCT04404595). CARsgen also intends to conduct a pivotal Phase 2 clinical trial in North America in 2022.
In May 2022, the phase I trial interim results of an investigator-initiated trial of CT041 have been published in Nature Medicine. In this largest clinical trial for solid tumors to date, the CAR T-cell therapy showed unprecedented efficacy against solid tumors.
In 2020 and 2021, CT041 received Orphan Drug designation from the U.S. FDA for the treatment of GC/GEJ and Orphan Medicinal Product designation from the EMA for the treatment of advanced gastric cancer. In November 2021, CT041 was granted PRIME Eligibility by the EMA for the treatment of advanced gastric cancer. In January 2022, CT041 was granted Regenerative Medicine Advanced Therapy (RMAT) Designation by U.S. FDA for the treatment of advanced gastric or gastroesophageal junction adenocarcinoma with CLDN18.2 positive tumors.
About CARsgen Therapeutics Holdings Limited
CARsgen is a biopharmaceutical company with operations in China and the U.S. and is focused on innovative CAR T-cell therapies for the treatment of hematologic malignancies and solid tumors. The Company has built an integrated cell therapy platform with in-house capabilities that span target discovery, antibody development, clinical trials, and commercial-scale manufacturing. CARsgen has internally developed novel technologies and a product pipeline with global rights to address major challenges of CAR T-cell therapies, such as improving the safety profile, enhancing the efficacy in treating solid tumors and reducing treatment costs. The Company's vision is to become a global biopharmaceutical leader that brings innovative and differentiated cell therapies to cancer patients worldwide and makes cancer curable.
Contact Us
For more information, please visit https://www.carsgen.com/
Contact CARsgen PR: pr@carsgen.com
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SOURCE CARsgen Therapeutics
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https://www.mysuncoast.com/prnewswire/2022/06/06/carsgen-therapeutics-presents-updated-data-ct041-claudin182-car-t-cells-solid-tumors-asco-2022/
| 2022-06-06T14:12:07Z
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A choppy day on Wall Street ended with more gains for stocks Wednesday, as investors welcomed another batch of encouraging profit reports from U.S. companies.
The S&P 500 rose 0.6%, tacking more onto its big gains from a day earlier, when the benchmark index soared 2.8%, its best day in weeks.
The Dow Jones Industrial Average managed a modest 0.2% gain after recovering from a midafternoon pullback. The Nasdaq composite climbed 1.6%.
With the latest move higher the major indexes are on pace for a solid weekly gains.
“It’s not exactly the most robust day, but it’s nice to follow up on a day like yesterday,” said Ross Mayfield, investment strategist at Baird. “It feels like over the past couple of months good days have given it all back the very next day.”
Profit reporting season is ramping up, with more types of industries offering details about how high inflation and worries about a possible recession are affecting their customers. A lot is riding on whether they can continue to deliver healthy earnings.
Stocks tumbled roughly 20% from their highs this year because of rising interest rates, and proof that profits can remain strong would provide a big support for markets. On the other hand, warnings about upcoming weakness could kick off another leg downward.
For now, traders appear to be encouraged by what they’re hearing from companies, especially big banks, as the reporting season gets going.
“It wasn’t universal, but the broad takeaway from the big banks earlier is the consumer is doing alright, the data has confirmed that,” Mayfield said.
Companies so far have been mostly topping profit expectations this reporting season, as is usually the case, though the most recent reports were mixed.
Nasdaq, the company behind its namesake trading exchange, jumped 6.1% after delivering stronger profit and revenue than Wall Street expected. Omnicon Group, the advertising and public-relations company, rose 3.9% following better-than-expected earnings. Comerica, the Dallas-based financial services company, added 1.6% after it also reported stronger-than-expected results.
Netflix climbed 7.4% higher after it said it lost fewer subscribers during the spring than expected. It, though, remains the worst stock in the S&P 500 for the year, down by nearly two thirds.
Beyond Netflix, several other tech-oriented companies made strong gains. Amazon climbed 3.9%, and Nvidia jumped 4.8%, which helped boost the tech-heavy Nasdaq composite index.
On the losing end was Baker Hughes, which tumbled 8.3% after it reported weaker results for the spring than analysts expected. Northern Trust fell 4% after its profit fell short of forecasts.
All told, the S&P 500 rose 23.21 points to 3,959.90. The Dow added 47.79 points to 31,874.84. The Nasdaq rose 184.50 points to 11,897.65.
Smaller company stocks also gained ground. The Russell 2000 rose 28.62 points, or 1.6%, at 1,827.95.
In Europe, stocks slipped amid worries about whether Russia would restrict supplies of natural gas headed for the region after some maintenance on a key pipeline is scheduled to end Thursday. Germany’s DAX fell 0.2%, and French stocks dipped 0.3%.
The continent is also preparing for the first increase in interest rates by the European Central Bank in 11 years on Thursday, as it tries to beat back inflation.
The U.S. Federal Reserve has already hiked rates three times this year, by increasing margins each time. When it meets next week, investors say the only question is if it raises its key rate by another 0.75 percentage points or opts for a mega-hike of a full percentage point.
Expectations have recently been tilting toward the less aggressive option, with traders seeing better than a two-in-three chance for a 0.75-point increase, according to CME Group. That could mean less pressure on stocks, particularly tech stocks and others seen as the market’s more expensive, which have swung sharply with changes in forecast on what the Fed will do.
Such increases to rates make borrowing more expensive, which slows the economy. The hope is that the Federal Reserve and other central banks can deftly find the middle ground where the economy slows enough to whip inflation but not enough to cause a recession.
Some parts of the economy are already slowing because of the rate hikes, particularly the housing industry. A report on Wednesday morning showed that sales of previously occupied homes weakened last month by more than economists expected. Higher mortgage rates are dragging on the industry, along with high prices for homes.
In the bond market, the yield on the two-year Treasury, which tends to follow expectations for the Fed’s actions, edged up to 3.25% from 3.24% late Tuesday. The 10-year yield rose to 3.03% from 3.01% late Tuesday.
___
AP Business Writer Elaine Kurtenbach contributed.
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https://cw33.com/business/ap-business/asian-markets-climb-tracking-profit-driven-gains-on-wall-st/
| 2022-07-20T23:17:05Z
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Centerspace Reports Second Quarter 2022 Financial Results
Published: Aug. 1, 2022 at 3:44 PM CDT|Updated: 1 hour ago
MINNEAPOLIS, Aug. 1, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today its financial and operating results for the three and six months ended June 30, 2022. The tables below show Net Income, Funds from Operations ("FFO")1, and Core FFO1, all on a per share basis, for the three and six months ended June 30, 2022; Same-Store Revenues, Expenses, and Net Operating Income ("NOI")1 over comparable periods; and Same-Store Weighted-Average Occupancy for each of the three months ended June 30, 2022, March 31, 2022, and June 30, 2021.
Highlights
Net Loss was $0.30 per diluted share for the second quarter of 2022, compared to Net Income of $1.48 per diluted share for the same period of 2021;
Core FFO increased 14.3% to $1.12 per diluted share for the three months ended June 30, 2022, compared to $0.98 for the three months ended June 30, 2021;
Same-store revenues increased by 11.7% for the second quarter of 2022 compared to the second quarter of 2021, driving an 11.5% increase in NOI compared to the same period of the prior year; and
Revised 2022 financial outlook, increasing our guidance range for net loss per share to $0.31 to $0.14 per diluted share. We also increased our same-store NOI growth guidance for 2022 to 10.0% to 12.0%, an increase of 2% over our previous guidance range. This resulted in an increase in the Core FFO guidance range to $4.45 to $4.61 per diluted share.
Balance Sheet
At the end of the second quarter, Centerspace had $196.2 million of total liquidity on its balance sheet, consisting of $183.0 million available under the lines of credit and cash and cash equivalents of $13.2 million.
Revised 2022 Financial Outlook
Centerspace revised its 2022 financial outlook and increased its earnings per share, Core FFO and same-store NOI guidance. For additional information, see S-17 of the Supplemental Financial and Operating Data for the quarter ended June 30, 2022 included at the end of this release. These ranges should be considered in their entirety. The table below reflects the revised outlook.
Earnings Call
Supplemental Information
Supplemental Operating and Financial Data for the quarter ended June 30, 2022 included herein ("Supplemental Information"), is available in the Investors section on Centerspace's website at www.centerspacehomes.com or by calling Investor Relations at 701-837-7104. Non-GAAP financial measures and other capitalized terms, as used in this earnings release, are defined and reconciled in the Supplemental Financial and Operating Data, which accompanies this earnings release.
About Centerspace
Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, as of June 30, 2022, Centerspace owned 83 apartment communities consisting of 14,838 apartment homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for 2021 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.
Forward-Looking Statements
Certain statements in this press release and the accompanying Supplemental Operating and Financial Data are based on the company's current expectations and assumptions, and are "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. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance, or achievements to be materially different from the results of operations, financial conditions, or plans expressed or implied by the forward-looking statements. Although the company believes the expectations reflected in its forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be achieved. Such risks, uncertainties, and other factors that might cause such differences include, but are not limited to those risks and uncertainties detailed from time to time in Centerspace's filings with the Securities and Exchange Commission, including the "Management's Discussion and Analysis of Financial Condition and Results of Operations" and "Risk Factors" contained in its Annual Report on Form 10-K for the year ended December 31, 2021, in its subsequent quarterly reports on Form 10-Q, and in other public reports. The company assumes no obligation to update or supplement forward-looking statements that become untrue due to subsequent events.
CENTERSPACE NON-GAAP FINANCIAL MEASURES AND RECONCILIATIONS (unaudited)
This release contains certain non-GAAP financial measures. The non-GAAP financial measures should not be considered a substitute for operating results determined in accordance with accounting principles generally accepted in the United States of America ("GAAP"). The definitions and calculations of these non-GAAP financial measures, as calculated by us, may not be comparable to non-GAAP financial measures reported by other REITs that do not define each of the non-GAAP financial measures exactly as Centerspace does.
The company provides certain information on a same-store and non-same-store basis. Same-store apartment communities are owned or in service for substantially all of the periods being compared, and, in the case of newly-constructed properties, have achieved a target level of physical occupancy of 90%. On the first day of each calendar year, Centerspace determines the composition of its same-store pool for that year as well as adjusts the previous year, which allows us to evaluate full period-over-period operating comparisons for existing apartment communities and their contribution to net income. The company believes that measuring performance on a same-store basis is useful to investors because it enables evaluation of how a fixed pool of its communities are performing year-over-year. Centerspace uses this measure to assess whether or not the company has been successful in increasing NOI, renewing the leases on existing residents, controlling operating costs, and making prudent capital improvements.
Reconciliation of Operating Income (Loss) to Net Operating Income
Net operating income, or NOI, is a non-GAAP financial measure which the company defines as total real estate revenues less property operating expenses, including real estate taxes. Centerspace believes that NOI is an important supplemental measure of operating performance for real estate because it provides a measure of operations that is unaffected by depreciation, amortization, financing, property management overhead, casualty losses, and general and administrative expenses. NOI does not represent cash generated by operating activities in accordance with GAAP and should not be considered an alternative to net income, net income available for common shareholders, or cash flow from operating activities as a measure of financial performance.
* Not a meaningful percentage
* Not a meaningfulpercentage
Reconciliation of Same-Store Controllable Expenses to Total Property Operating Expenses, Including Real Estate Taxes
Same-store controllable expenses exclude real estate taxes and insurance, in order to provide a measure of expenses that are within management's control, and is used for the purposes of budgeting, business planning, and performance evaluation. This is a non-GAAP financial measure and should not be considered an alternative to total expenses or total property operating expenses.
Reconciliation of Net Income (Loss) Available to Common Shareholders to Funds From Operations and Core Funds From Operations
Centerspace believes that FFO, which is a non-GAAP financial measure used as a standard supplemental measure for equity real estate investment trusts, is helpful to investors in understanding its operating performance, primarily because its calculation does not assume that the value of real estate assets diminishes predictably over time, as implied by the historical cost convention of GAAP and the recording of depreciation.
Centerspace uses the definition of FFO adopted by the National Association of Real Estate Investment Trusts, Inc. ("Nareit"). Nareit defines FFO as net income or loss calculated in accordance with GAAP, excluding:
depreciation and amortization related to real estate;
gains and losses from the sale of certain real estate assets; and
impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity.
The exclusion in Nareit's definition of FFO of gains and losses from the sale of real estate assets and impairment write-downs helps to identify the operating results of the long-term assets that form the base of the company's investments, and assists management and investors in comparing those operating results between periods.
Due to the limitations of the Nareit FFO definition, Centerspace has made certain interpretations in applying this definition. The company believes that all such interpretations not specifically identified in the Nareit definition are consistent with this definition. Nareit's FFO White Paper 2018 Restatement clarified that impairment write-downs of land related to a REIT's main business are excluded from FFO and a REIT has the option to exclude impairment write-downs of assets that are incidental to its main business.
While FFO is widely used by Centerspace as a primary performance metric, not all real estate companies use the same definition of FFO or calculate FFO in the same way. Accordingly, FFO presented here is not necessarily comparable to FFO presented by other real estate companies. FFO should not be considered as an alternative to net income or any other GAAP measurement of performance, but rather should be considered as an additional, supplemental measure. FFO also does not represent cash generated from operating activities in accordance with GAAP, nor is it indicative of funds available to fund all cash flow needs, including the ability to service indebtedness or make distributions to shareholders.
Core Funds from Operations ("Core FFO") is FFO as adjusted for non-routine items or items not considered core to business operations. By further adjusting for items that are not considered part of core business operations, the company believes that Core FFO provides investors with additional information to compare core operating and financial performance between periods. Core FFO should not be considered as an alternative to net income, or any other GAAP measurement of performance, but rather should be considered an additional supplemental measure. Core FFO also does not represent cash generated from operating activities in accordance with GAAP, nor is it indicative of funds available to fund the company's cash needs, including its ability to service indebtedness or make distributions to shareholders. Core FFO is a non-GAAP and non-standardized financial measure that may be calculated differently by other REITs and should not be considered a substitute for operating results determined in accordance with GAAP.
Reconciliation of Net Income (Loss) Available to Common Shareholders to Adjusted EBITDA
Adjusted EBITDA is earnings before interest, taxes, depreciation, amortization, gain/loss on sale of real estate and other investments, impairment of real estate investments, gain/loss on extinguishment of debt, gain/loss from involuntary conversion; and other non-routine items or items not considered core to business operations. The company considers Adjusted EBITDA to be an appropriate supplemental performance measure because it permits investors to view income from operations without the effect of depreciation, the cost of debt, or non-operating gains and losses. Adjusted EBITDA is a non-GAAP financial measure and should not be considered a substitute for operating results determined in accordance with GAAP.
Reconciliation of Net Income (Loss) Available to Common Shareholders to FFO and Core FFO
The following table presents reconciliations of Net income (loss) available to common shareholders to FFO and Core FFO, which are non-GAAP financial measures described in greater detail under "Non-GAAP Financial Measures and Reconciliations." They should not be considered as alternatives to net income or any other GAAP measurement of performance, but rather should be considered as an additional, supplemental measure. FFO and Core FFO also do not represent cash generated from operating activities in accordance with GAAP, nor are they indicative of funds available to fund all cash needs, including the ability to service indebtedness or make distributions to shareholders. The outlook and projections provided below are based on current expectations and are forward-looking.
Reconciliation of Operating Income to Net Operating Income
Net operating income, or NOI, is a non-GAAP financial measure which the company defines as total real estate revenues less property operating expenses, including real estate taxes. Centerspace believes that NOI is an important supplemental measure of operating performance for real estate because it provides a measure of operations that is unaffected by depreciation, amortization, financing, property management overhead, casualty losses, and general and administrative expenses. NOI does not represent cash generated by operating activities in accordance with GAAP and should not be considered an alternative to net income, net income available for common shareholders, or cash flow from operating activities as a measure of financial performance.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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https://www.kxii.com/prnewswire/2022/08/01/centerspace-reports-second-quarter-2022-financial-results/
| 2022-08-01T22:05:57Z
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TAMPA, Fla. (WFLA) — A heartbreaking video taken in St. Petersburg, Florida, this week appears to show a female dolphin carrying a dead calf on her head, unwilling to let it go.
Michael Dee spotted the dolphin pushing what was thought to be her calf through the waters near the Boca Ciega Point community on Sunday evening and captured it on video.
“Everyday dolphins play off of our dock. As I sat on my dock last evening, it took me a while to understand what was happening,” Dee recalled. “The dolphins in our area jump, play, breed, catch fish and generally bring joy to watch. Tonight, however, was the saddest moment and serves to remind one that our young are vulnerable and there is nothing stronger than a mother’s love.”
The Clearwater Marine Aquarium said it was monitoring reports of the dolphin and carcass with the Florida Fish and Wildlife Conservation Commission, but had no plans to get into the water to recover the animal.
“Cases of dolphins pushing a dead calf are well documented and this behavior seems part of a natural process, so the Southeast Stranding Network doesn’t intervene,” CMA spokeswoman Kelsy Long said. “We assume it’s the mom in most cases, but it could be other adults. We often can’t confirm.”
Long said Network partners would work to recover the carcass if the adult leaves it or if the calf washes ashore. If that happens, the calf’s body will be sent to the Marine Mammal Pathology Lab at Eckerd College for a necropsy to confirm its cause of death.
Although calf carrying typically lasts a few hours after a calf’s death, some dolphins have been observed carrying their calves around for days as they decompose.
Some studies suggest dolphins grieve for their dead similarly to humans.
In 2018, biologists and marine conservation experts with the Dolphin Biology and Conservation, a non-profit that researches and advocates for dolphins, collected 78 scientific reports of grief-like displays in 20 of the 88 cetacean species currently known.
Of the 88 species, only 20 showed signs of grieving behaviors. Dolphins accounted for 92.3% of the grieving behaviors, most of which were found in females mourning their calves, the study found.
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https://cw33.com/news/nexstar-media-wire/video-dolphin-pushes-dead-calf-through-florida-waters/
| 2022-08-15T21:17:40Z
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NEW YORK, Aug. 19, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Molecular Partners AG (NASDAQ: MOLN).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/molecular-partners-ag-loss-submission-form/?id=30974&from=4
This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Molecular Partners American Depositary Shares pursuant and/or traceable to certain documents issued in connection with the Company's initial public offering conducted on or about June 16, 2021; and/or (b) Molecular Partners securities between June 16, 2021, and April 26, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until September 12, 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, Molecular Partners AG issued materially false and/or misleading statements and/or failed to disclose that: (i) the Company's product, ensovibep, was less effective at treating COVID-19 than defendants had led investors to believe; that (ii) accordingly, the the U.S. Food and Drug Administration ("FDA") was reasonably likely to require an additional Phase 3 study of ensovibep before granting the drug Emergency Use Authorization ("EUA"); (iii) waning global rates of COVID-19 significantly reduced the Company's chances of securing EUA for ensovibep; (iv) another of the Company's product candidates, MP0310, was less attractive to Molecular Partners' collaborator, Amgen, than defendants had led investors to believe; (v) accordingly, there was a significant likelihood that Amgen would return to global rights of MP0310 to Molecular Partners; (vi) as a result of all the foregoing, the clinical and commercial prospects of ensovibep and MP0310 were overstated; and (vii) as a result, documents issues in connection with the Company's initial public offer and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
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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https://www.mysuncoast.com/prnewswire/2022/08/19/moln-shareholder-alert-jakubowitz-law-reminds-molecular-partners-shareholders-lead-plaintiff-deadline-september-12-2022/
| 2022-08-19T11:32:52Z
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Russia may be in Ukraine to stay after 100 days of war
(AP) - When Vladimir Putin sent troops into Ukraine in late February, the Russian president vowed his forces would not occupy the country. But as the invasion reached its 100th day Friday, Moscow seemed increasingly unwilling to relinquish the territory it has taken in the war.
The ruble is now an official currency in the southern Kherson region, alongside the Ukrainian hryvnia. Residents there and in Russia-controlled parts of the Zaporizhzhia region are being offered expedited Russian passports. The Kremlin-installed administrations in both regions have talked about plans to become part of Russia.
The Moscow-backed leaders of separatist areas in eastern Ukraine’s Donbas region, which is mostly Russian-speaking, have expressed similar intentions. Putin recognized the separatists’ self-proclaimed republics as independent two days before launching the invasion, and fierce fighting has been underway in the east for weeks as Russia seeks to “liberate” all of the Donbas.
The Kremlin has largely kept mum about its plans for the cities, towns and villages it has bombarded, encircled and finally captured. Kremlin spokesman Dmitry Peskov has said it will be up to the people living in seized areas to decide their status.
Ukrainian President Volodymyr Zelenskyy said this week that enemy forces now control almost 20% of the country’s territory. Before the war, Russia controlled 7%, including the Crimea Peninsula and parts of the Donbas.
But in a video message marking the war’s first 100 days, Zelenskyy made it clear Ukraine will not submit easily.
“We have defended Ukraine for 100 days already. Victory will be ours,” he said.
U.S. President Joe Biden, meanwhile, said he believes “there’s going to have to be a negotiated settlement” to end the war. Asked if Ukraine should give up territory in exchange for peace, the president said, “It’s their territory” and “I’m not going to tell them what they should and shouldn’t do.”
Initially, at least, annexing more land from Ukraine was not believed to be the main goal of the invasion. It was widely thought that the Kremlin intended to install a pro-Moscow government in Kyiv that would prevent Ukraine from joining NATO and pulling further away from Russia’s influence.
But now, Moscow is unlikely to let go of its military gains, according to political analysts.
“Of course (Russia) intends to stay,” said Andrei Kolesnikov, senior fellow at the Carnegie Endowment for International Peace. To Russia, “it’s a pity to give away what has been occupied, even if it was not part of the original plan.”
Russian forces captured much of Kherson and neighboring Zaporizhzhia early in the war, gaining control over most of Ukraine’s Sea of Azov coast and securing a partial land corridor to the Crimean Peninsula, which Russia annexed from Ukraine in 2014. They completed the takeover last month with the capture of the port city of Mariupol following a three-month siege.
Residents of the cities of Kherson and Melitopol took to the streets to protest the occupation, facing off with Russian soldiers in plazas. Ukrainian officials warned that Russia might stage a referendum in Kherson to declare the region an independent state.
Petro Kobernyk, 31, an activist with a nongovernmental organization who fled Kherson with his wife, said Russian security forces are cracking down on pro-Ukrainian activists.
“Hundreds of pro-Ukrainian activists, including my friends, are being held in the basements of security services,” Kobernyk said by phone. “Those who actively express their position are kidnapped and tortured, threatened and forced out of the region.”
Russian forces keep people in an “information vacuum,” with Ukrainian websites no longer available, Kobernyk said.
His claims could not be independently verified.
But some in captured areas of Ukraine have welcomed a Russian takeover.
“I’ve wanted to live in Russia since I was little, and now I realize I don’t even have to move anywhere,” said Vadim Romanova, a 17-year-old from Mariupol.
In Russian-occupied cities in southern Ukraine, people with pro-Kremlin views replaced mayors and other local leaders who disappeared in what Ukrainian officials and media said were kidnappings. Russian flags were raised, and Russian state broadcasts that promoted the Kremlin’s version of the invasion supplanted Ukrainian TV channels.
The Russian ruble was introduced as the second official currency in both the Kherson and Zaporizhzhia regions — at least in the parts under Russian control — and pro-Russian administrations started offering a “one-time social payment” of 10,000 rubles (roughly $163) to local residents.
An office of Russia’s migration services opened in Melitopol, taking applications for Russian citizenship from residents of the captured southern regions through a fast-track procedure. The procedure was first implemented in 2019 in the rebel-controlled areas of the Donbas, where more than 700,000 people have received Russian passports.
Top Russian officials started touring the regions, touting the territories’ prospects for being integrated into Russia. Deputy Prime Minister Marat Khusnullin visited Kherson and Zaporizhzhia in mid-May and indicated they could become part of “our Russian family.”
A senior official in the Kremlin’s ruling United Russia party, Andrei Turchak, put it even more bluntly in a meeting with residents of Kherson: “Russia is here forever.”
Members of the pro-Kremlin administrations in both regions soon announced that the areas would seek to be incorporated into Russia. While it remains unclear when or if it will happen, Russia is appears to be digging in.
Oleg Kryuchkov, an official in Russia-annexed Crimea, said this week that the two southern regions have switched to Russian internet providers. State media ran footage of people lining up to get Russian SIM cards for their cellphones. Kryuchkov also said that both regions are switching to the Russian country code, +7, from the Ukrainian +380.
Senior Russian lawmaker Leonid Slutsky, a member of the Russian delegation in stalled peace talks with Ukraine, said that referendums on joining Russia could take place in the Donbas, Kherson and Zaporizhzhia regions as early as July.
Kremlin spokesman Peskov was evasive when asked Friday whether Russian authorities planned to hold votes in those areas, saying that it would depend on the course of Russia’s offensive.
Tatyana Stanovaya, founder and CEO of R.Politik, an independent think tank on Russian politics, said she believes Putin doesn’t want to rush the referendums and run the risk of them being denounced as shams.
“He wants the referendum to be real, so that the West can see that, indeed, Russia was right, the people want to live with Russia,” Stanovaya said.
Ukrainian experts say it will not be easy for the Kremlin to rally genuine support in Ukraine’s south.
Volodymyr Fesenko, of the Kyiv-based Penta Center think tank, said most residents of the southern regions identify as Ukrainians much more strongly than the people in areas that are closer to Russia or have been led by the Moscow-backed separatists for the past eight years.
___
Follow all AP stories on the war in Ukraine at https://apnews/hub/russia-ukraine.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/06/04/russia-may-be-ukraine-stay-after-100-days-war/
| 2022-06-04T05:36:38Z
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Former Medallia CRO joins the board of quantilope, the fast growing Insights Automation company.
NEW YORK, Sept. 13, 2022 /PRNewswire/ -- quantilope, a leading provider of automated consumer research, has appointed Elizabeth Carducci to its Board of Directors. With over 20 years of industry experience, Elizabeth Carducci is a recognized leader in insights and market research with a proven track record of scaling best-in-class technology companies.
"Elizabeth's impressive background building the foundation and growth of Medallia offers a unique skill set to complement quantilope's growth trajectory," said Peter Aschmoneit, quantilope's Co-Founder and CEO. "Her expertise in building innovative strategies within consumer intelligence to obtain industry dominance is an invaluable resource to our Board. We are very excited to welcome Elizabeth to the team."
Elizabeth Carducci is a recognized leader in the insights industry. As a founding member of Medallia, a leading customer experience platform, she brings over 20 years of deep domain expertise in both customer insights and market research technology. Under her leadership, Elizabeth helped build Medallia into an industry leader with 2,000 employees and more than $500 million in annual revenues. Elizabeth spent nearly two decades leading various go-to-market and customer-facing functions including the industry solutions and insights teams before transitioning to Chief Revenue Officer. She was part of the management team that took Medallia public in 2019, and through a subsequent $6.4B buyout in 2021 by the private equity firm, Thoma Bravo.
Prior to her years at Medallia, Elizabeth led the global contact center organization for Starwood Hotels, with prior roles at ITT Sheraton, and Deloitte. Elizabeth holds an MBA from Stanford University and a Bachelor of Science in Electrical Engineering from the Massachusetts Institute of Technology.
"I am thrilled to be joining quantilope's Board of Directors," explained Elizabeth. "Their innovative research technology is a real game changer in how brands run and approach their consumer research. Speed to insight has become increasingly important with senior executives across all organizations. With an emphasis on empowering insights teams to take more control of their research, quantilope is making high-quality consumer insights, delivered quickly and efficiently, a reality. I look forward to being a part of their growth journey."
About quantilope: quantilope automates consumer research to unlock high quality insights with speed & ease. Our Insights Automation Platform offers AI-driven advanced quantitative and qualitative solutions to support data-driven decision making. Founded in 2014, quantilope was named the #2 top technology provider for consumer research and one of the top 50 most innovative suppliers for insights worldwide (Greenbook GRIT Business & Innovation Report 2022). quantilope powers consumer insights in brand awareness, market segmentation, advertising testing, product concepts and pricing analysis for over 300 brands including Nestle, Pepsi, Danone, Deutsche Telekom, PBS, OMD, and more.
CONTACT: Johanna Azis, johanna.azis@quantilope.com
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https://www.kxii.com/prnewswire/2022/09/13/quantilope-appoints-elizabeth-carducci-visionary-leader-insights-technology-its-board-directors/
| 2022-09-13T14:14:01Z
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Bars lose appeal over COVID-19 shutdown
TALLAHASSEE, Fla. (WWSB) - An appeals court has rejected arguments that bars should receive money from the state and Orange County because they were forced to shut down or significantly scale back early in the COVID-19 pandemic.
A panel of the 5th District Court of Appeal on Friday upheld an Orange County circuit judge’s dismissal of a lawsuit in which bars sought damages for what is known as “inverse condemnation.”
The appeals court said orders by the state and Orange County to try to prevent the spread of COVID-19 “represented a valid exercise of police powers during a time of emergency.” It also pointed, in part, to a legal precedent that rejected inverse condemnation arguments by businesses that were prevented from selling fireworks in 1998 because of wildfires.
“If the state can use its police power to temporarily prohibit the sale of fireworks to prevent wildfires during an exceptionally dry period in Florida, it stands to reason that the state can also use its police powers in an effort to limit the spread of a highly infectious and deadly virus,” the 13-page ruling, written by Judge James Edwards and joined by Judges Kerry Evander and John Harris. “As such, the impact of the COVID orders does not amount to a compensable taking.”
Also, the appeals court said the orders “resulted in temporary cessation and limitation of appellants’ (the bars’) businesses, not a complete or permanent loss of the ability to do business.”
“Taking appellants’ allegations in their complaint to be true, the economic impact of the COVID orders on their business was significant,” the ruling said. “However, the impact of the orders amounted to a complete prohibition on the sale of alcoholic beverages for only 17 days, following which appellants’ businesses were incrementally permitted to return to limited sales and operation before being allowed to return to their pre-pandemic mode in approximately six months.”
Orlando Bar Group, LLC, which does business as The Basement bar, The Attic bar and The Treehouse bar, went to the appeals court in May 2021 after Orange County Circuit Judge John Jordan dismissed the case. The lawsuit initially also included bars from other areas of the state.
The lawsuit stemmed from a series of state and local orders that started in March 2020, after the pandemic started sweeping through Florida. In the early stages, bars were prevented from selling alcohol for onsite consumption, though a series of changes were made in the restrictions in the subsequent months. Gov. Ron DeSantis rescinded the restrictions in September 2020.
In the lawsuit filed in circuit court, bar owners alleged that the restrictions were arbitrary and amounted to an unconstitutional taking of property rights.
“The orders were arbitrarily and capriciously applied against bars as a class of business that were not allowed to be open for business, and the application of the stricter standards for the plaintiffs’ class of businesses was not rationally related to the purpose of preventing an infection from COVID-19,” the lawsuit said.
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/04/12/bars-lose-appeal-over-covid-19-shutdown/
| 2022-04-12T17:43:31Z
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‘He came up with this plan’: Brothers’ confession video shows how Jussie Smollett’s story unraveled
By Eric Levenson, CNN
The brothers Abimbola and Olabinjo Osundairo were kept in Chicago Police detention for nearly two days after they were accused of attacking the “Empire” actor Jussie Smollett in a homophobic and racist hate crime.
In the 47th hour of that detention, in a small fluorescently lit room painted a bland white, the brothers began to confess: It was all a hoax.
“He came up with this plan of how we’re gonna, like, pretend to attack him, um, by his house,” Abimbola Osundairo told police.
Newly obtained video from the night of February 15, 2019, shows the Osundairo brothers telling police for the first time that Smollett directed them to carry out a fake hate crime attack weeks earlier. The video even shows the brothers acting out parts of the attack with police detectives, who gamely play along with the reenactment.
The brothers have maintained that story ever since, including under oath in Smollett’s criminal trial late last year, in which a Cook County jury convicted Smollett on five counts of felony disorderly conduct.
Yet the court case was not broadcast on video for the public, so the 2019 confession video represents the first time that the broader public is able to see and hear the brothers’ version of events.
CNN+ obtained the video for its new documentary, “Chicago vs. Jussie Smollett,” now available exclusively on CNN+.
The hour-long documentary traces the winding history of the case and explores the broader criminal justice system in Chicago.
Smollett, who is Black and gay, told police in January 2019 he was attacked outside his Chicago home by two mysterious figures in the middle of the night. The two men used racist and homophobic slurs, poured bleach on him and put a noose around his neck, he told authorities.
As the film documents, the Osundairo brothers’ confession ultimately led to charges against Smollett for lying about the attack; the dismissal of those charges by a social justice-minded prosecutor; the appointment of a special prosecutor and a second indictment; and Smollett’s trial, conviction and sentence.
Smollett was sentenced in March to five months in jail, 30 months of probation, a fine of $25,000 and restitution of over $120,000 to the city of Chicago. He has been released from jail pending an appeal of his conviction.
To tell the story, the documentary features interviews with former Chicago Police superintendent Eddie Johnson, special prosecutor Dan Webb, Cook County State’s Attorney Kim Foxx, two of Smollett’s brothers and members of his legal team. Smollett did not make himself available for an interview.
What the confession video shows
In the 2019 confession video, the Osundairo brothers, who worked with Smollett on the set of “Empire,” explain that Smollett told them to carry out the hoax and planned it ahead of time. Abimbola Osundairo even shows the detective how he fake punched Smollett and repeats his lines from that night.
“Am I walking away from you or walking toward you?” the detective asks.
“You’re walking away from me,” Abimbola Osundairo says.
“Alright, so we’re gonna start there. I’m walking away, and then?” the detective says.
“I say, ‘Yo, aren’t you the f****t n***** off Empire?’ ” Abimbola Osundairo responds.
At another point, a detective lies on the ground, and Abimbola Osundairo reenacts how he forcefully rubbed his knuckles into Smollett’s face in an attempt to bruise him.
The brothers expressed differing views on Smollett’s motivation for the incident, the video shows. Abimbola Osundairo said he did not know definitively why Smollett came up with the hoax.
“If I say something it’s gonna be opinion. It’s not gonna be based off anything he said. So I would think it’s to get people to feel for him more,” he said.
Yet Olabinjo Osundairo said he knew Smollett’s motivation. He said Smollett had received a piece of hate mail in recent weeks that the actor believed was ignored.
“He might not remember, but I’m gonna tell you guys,” Olabinjo Osundairo said in the video. “(Smollett) said his network is not taking the hate mail seriously, and that’s the reason why he wanted to do this. Because they wanted it taken seriously. I remember that vividly.”
The brothers, who worked as fitness trainers, also told police that Smollett had written them a check for $3,500. They said they believed the check was in exchange for a meal and workout plan ahead of Smollett appearing in a music video, as well as for the hoax attack.
“The way it was sounding it made it seem like it could be for either/or — for the video and for that,” Abimbola Osundairo said.
“I appreciate your candor and your honesty, I really do,” a detective told Olabinjo Osundairo.
In court, Smollett denied under oath that he orchestrated a hoax and testified he was truly a hate crime victim. He and his attorneys attempted to cast doubt on the brothers’ motivations and their story, but a jury unanimously voted to convict him.
Former police superintendent says Smollett shouldn’t get jail time
The documentary also features the perspectives of Johnson, the former police superintendent, and Foxx, the Cook County State’s Attorney.
Johnson was highly critical of Smollett in a news conference announcing the charges against him in February 2019. At the time, he said Smollett “took advantage of the pain and anger of racism to promote his career.”
Despite those harsh words, Johnson told CNN in the documentary that he did not believe Smollett should spend time behind bars.
“From the very beginning of this, I never thought he should serve any jail time. Just be held accountable for it,” he said.
Johnson was fired from his leadership role in December 2019 by Mayor Lori Lightfoot, who said he lied about an incident in which he was found sleeping in his car after having drinks with dinner.
Foxx recused herself from the case in February 2019. Her office dropped all charges against Smollett that month after the actor agreed to forfeit his $10,000 bond and do community service, noting that he had no prior felonies and was not a danger to the community.
However, special prosecutor Webb was appointed to reexamine the case and to investigate whether Foxx’s office acted appropriately. Webb determined that the attorney’s office and Foxx engaged in “substantial abuses” in their handling of the case, but investigators found no evidence of criminal misconduct.
In the documentary, Foxx defended her decisions and progressive policies. She also questioned whether a jail sentence was appropriate in Smollett’s case.
“The question is was this justice and accountability? Or was this satiating a revenge for him not apologizing for what he did to the city?” Foxx said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://localnews8.com/news/national-world/cnn-national/2022/04/01/he-came-up-with-this-plan-brothers-confession-video-shows-how-jussie-smolletts-story-unraveled-5/
| 2022-04-01T15:16:57Z
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DENAIR, Calif. (KTXL) — California winemaker Fred Franzia, known as the creator of “Two Buck Chuck” wine, died at 79 years old at his home in Denair, his family and Bronco Wine Co. announced Tuesday.
The company said Franzia died with his family by his side but didn’t disclose a cause of death.
“Due to Fred’s vision, Bronco Wine Co. has achieved vertical integration all while remaining family-owned. His entrepreneurial spirit, tireless dedication, and his commitment to both his family and to the Bronco family will forever be remembered,” the company wrote in an Instagram post. “His legacy will endure for generations to come.”
Franzia co-founded Bronco Wine Co. in 1973 with his brother Joseph Franzia and cousin John Franzia with a vision of “creating high-quality wines at a value for wine consumers,” according to the company.
Bronco Wine Co., based in Ceres, California, produces many wines under different brands and is one of the largest wine producers in the country. One of the company’s brands includes Charles Shaw, a bargain-priced wine, which was sold at Trader Joe’s grocery stores and earned the nickname “Two Buck Chuck” with the price at $1.99 per bottle.
Fred Franzia was an outspoken critic of California’s wine culture, frequently proclaiming that no bottle of wine should cost more than $10.
“Core to his vision was a belief that wine should be enjoyed and consumed on every American table,” the company’s social media post read. “When asked how Bronco Wine Company can sell wine less expensive than a bottle of water, Fred T. Franzia famously countered, ‘They’re overcharging for the water — don’t you get it?’”
In a 2009 interview with the San Francisco Chronicle, Franzia said, “Who says we’re lower priced? We’re the best price. The others, I think, are overpriced.”
Franzia faced controversy, pleading guilty to fraud charges in 1994 after falsifying the grape varieties on his wine labels. He later stepped down as the company’s president and a board member for five years.
According to Bronco Wine Co.’s post, Franzia is survived by his five children, Renata, Roma, Joseph, Carlo and Giovanna; 14 grandchildren; brother Joseph S.; and sisters Joellen D’Ercole and Catherine McFadden.
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https://cw33.com/news/nexstar-media-wire/fred-franzia-creator-of-two-buck-chuck-wine-dies-at-79/
| 2022-09-14T23:17:14Z
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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.wibw.com/prnewswire/2022/07/01/tesla-employees-file-lawsuit-alleging-racial-discrimination-racial-harassment-retaliation-wrongful-termination/
| 2022-07-01T23:31:47Z
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WHEELING, W.Va., Aug. 5, 2022 /PRNewswire/ -- The Wheeling, WV based Main Street Financial Services Corp. reported its second quarter year to date financial results on Friday, August 05, 2022.
Main Street Financial Services Corp reported its second quarter year to date financial results on Friday, August 05, 2022.
Year to date Revenue was $10.44 million compared to $10.41 million in 2021.
Year to date Net Income as $2.42 million compared to $2.44 million in 2021.
Total assets came in at $589.9 million in 2022 versus $554.4 million in 2021.
Gross loans totaled $401.7million in 2022 versus $404.3 million in 2021.
Total deposits totaled $513.7million in 2022 versus $477.4 million in 2021.
About Main Street Bank:
Main Street Bank was founded in June 2001, and we are proud that our bank is locally owned and managed. We know that a locally based bank staffed by seasoned banking professionals has a greater understanding of what local people need. Our customers know that the best bankers in the Ohio Valley work at Main Street Bank. We make decisions quickly and respond rapidly to advancements in the banking industry, always remembering that technology can never replace sincere, personal service.
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https://www.kxii.com/prnewswire/2022/08/05/main-street-financial-services-corp-reports-2nd-quarter-results/
| 2022-08-05T14:31:42Z
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Major retailers are facing a backlash for selling themed products in an attempt to monetize Juneteenth, the upcoming federal holiday commemorating the end of slavery in the US. Inclusion experts say "tone deaf" marketing campaigns -- including Walmart's Juneteenth ice cream and Dollar Tree's Pan African-themed plates and napkins -- promote stereotypes and often fail to provide any historical context.
Here's what you need to know to Get Up to Speed and On with Your Day.
(You can get "5 Things You Need to Know Today" delivered to your inbox daily. Sign up here.)
1. Interest rates
The Federal Reserve raised interest rates by three-quarters of a percentage point on Wednesday in an aggressive move to tackle inflation. It's the biggest increase in 28 years and will affect millions of American businesses and households by pushing up the cost of borrowing for homes, cars and other loans. Many consumers who are already concerned about the soaring cost of living will now face higher mortgage rates that will make it harder to afford homes. However, that weaker demand could cool off prices in the future. The goal of the Fed's interest rate hikes is to get inflation under control while keeping the job market recovery intact, but experts say the war in Ukraine, supply chain issues, and Covid-19 could impact that progress.
2. Coronavirus
Covid-19 vaccines could be available for children as young as 6 months as early as next week, according to the White House. FDA vaccine advisers voted unanimously on Wednesday to authorize the Moderna and Pfizer/BioNTech vaccines for emergency use in the youngest children. The FDA, which typically follows the committee's decisions, is expected to vote on the authorization this weekend. Children younger than five are the only age group not currently eligible to be vaccinated against Covid-19. About 17 million kids will become eligible for vaccines once they're authorized for this age group. Separately, Dr. Anthony Fauci, President Joe Biden's chief medical adviser, has tested positive for Covid-19 and is receiving treatment.
3. January 6
The House select committee investigating the attack on the US Capitol will use its third hearing today to make the case that then-President Donald Trump's pressure campaign on his vice president to overturn the 2020 presidential election "directly contributed" to the violence on January 6, 2021, according to committee aides. The hearing, aides said, will also reveal new materials about then-Vice President Mike Pence's movements on January 6, including his whereabouts and what he was doing when rioters breached the Capitol. This comes as Republican candidates across the country are running and winning primaries on Trump's false assertion that he won the election -- despite the fact such claims have been dismissed by former members of his administration testifying under oath.
4. Buffalo shooting
The suspect in the racist mass shooting at a Buffalo supermarket last month that killed 10 people faces multiple federal hate crime charges carrying the potential of the death penalty, the US Justice Department said Wednesday. The 18-year-old suspect is accused of shooting 13 people at the Tops Friendly Market on May 14. Eleven were Black and two were White, Buffalo police said. During a search of the gunman's home, federal authorities found a laptop with a document containing a detailed plan of the attack he had allegedly been planning for years, according to a criminal complaint. Authorities believe he visited the store multiple times, including the day before the attack and again, hours before he allegedly fired about 60 shots.
5. Baby formula
In a move to address the nationwide baby formula shortage, the Biden administration announced it is shipping 44,000 pounds of specialty formula from Switzerland to the US today. The supply "will be available primarily through a distribution pipeline serving hospitals, home health companies, and WIC programs around the US," the White House said. But even as the government airlifts tons of formula in from other countries, getting regular supplies back to retailers could take weeks, with some estimates from stakeholders that there might not be relief until mid-July. Meanwhile, Abbott Nutrition -- the baby formula manufacturer that once produced a significant amount of the powdered formula sold in the US -- is now experiencing more delays after flooding at its Michigan plant.
BREAKFAST BROWSE
Watch Hong Kong's iconic floating restaurant get towed away
Generations of locals and tourists will miss this iconic attraction, billed as the world's biggest floating restaurant. No one knows where it will end up next...
A first look at Ryan Gosling in 'Barbie' has sent the internet into a frenzy
Who could play a better tanned and toned Ken doll than Ryan Gosling? (That's a trick question... there is literally no one more perfect for this role.)
Five guys take the same photo for 40 years
This group of friends took pictures in the same pose from 1982 to 2022. Check out their cool tradition!
'Floating' airplane cabin could be the future of travel
A futuristic cabin concept with "floating furniture" recently won a prestigious aviation award.
Real estate job cuts: Redfin and Compass announce layoffs
Mortgage rates are climbing, home sales are dropping and some of the largest real estate companies are announcing layoffs.
TODAY'S NUMBER
2.9 million
That's how many vehicles Ford is recalling due to issues that could prevent certain models from shifting into the correct gear, which might cause them to move in unintended directions. The National Highway Safety Administration says it has six reports of property damage and four reports of injuries potentially related to the problem. The vehicles involved are the model year 2013 to 2019 Escape, the 2013-2018 C-Max, 2013-2016 Fusion and the 2013-2021 Transit Connect.
TODAY'S QUOTE
"The security support from the United States is unprecedented. It brings us closer to a common victory over the Russian aggressor."
-- Ukrainian President Volodymyr Zelensky, thanking President Biden on Wednesday for providing an additional $1 billion in military aid to Ukraine. The latest weapons package comes as Ukrainian officials have pleaded with the West to send additional heavy weaponry as the war grinds on. A Pentagon spokesman said the US has now committed more than $5 billion in security assistance to Ukraine since Russia invaded in February. Separately, the leaders of France, Germany and Italy arrived in Kyiv today, where they are expected to meet with Zelensky and express "a message of European unity."
TODAY'S WEATHER
AND FINALLY
The California Roll Was Invented in Canada
Soy what? Watch this short video to learn how one of the most famous North American sushi rolls got its name! (Click here to view)
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.albanyherald.com/news/5-things-to-know-for-june-16-interest-rates-covid-january-6-buffalo-baby-formula/article_cc90b561-d9a9-5746-a7f2-1e69c7a194ef.html
| 2022-06-16T12:44:30Z
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Too dusty: NASCAR working on visibility at dirty Bristol
By JENNA FRYER
AP Auto Racing Writer
BRISTOL, Tenn. (AP) — The dirt covering Bristol Motor Speedway is still too dusty for drivers liking ahead of Sunday’s race on the Tennessee bullring. It is the second consecutive year Bristol has been covered in 30,000-tons of red Tennessee clay in an effort to give NASCAR fans some variety. But the dirt was too dry last year and it made for poor visibility during the race. After practice Friday, it was still a major issue and teams wondered why NASCAR didn’t just remove the windshields from the racecars.
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https://localnews8.com/sports/ap-national-sports/2022/04/15/too-dusty-nascar-working-on-visibility-at-dirty-bristol/
| 2022-04-15T23:49:26Z
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PHILADELPHIA (AP) — Oneil Cruz’s bat slipped out of his hands and went flying into the stands after the Pittsburgh Pirates rookie struck out in the third inning Friday night against Philadelphia.
That’s when things got sticky.
The lumber landed in Jen Mehall’s lap behind the Phillies dugout. Mehall, a Pirates fan, was thrilled to get the souvenir — especially after it dinged her in the leg and lip. An inning later, though, a Pirates official came to request the bat back and offered another one in a trade.
Mehall and her friend, Kathie Koller, who were in town from Reading to celebrate Koller’s birthday, didn’t want to give up their rare keepsake.
“We wanted to keep it, but security said we couldn’t,” said Mehall, who is originally from Western Pennsylvania.
Fans in the sections around the two women booed loudly.
Although they were disappointed, Mehall and Koller did have the good fortune of sitting in front of former Phillies infielder and team ambassador Mickey Morandini. He got the women a bat bearing the signature of Phillies star slugger Bryce Harper.
It was a nice gesture by Morandini, though the women seemed genuinely upset about not being able to hang onto the bat they caught.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/ap-bat-crazy-fans-reluctantly-give-up-souvenir-at-phils-game/
| 2022-08-27T11:21:48Z
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HHC to Host Earnings Call on August 4, 2022
HOUSTON, July 7, 2022 /PRNewswire/ -- The Howard Hughes Corporation® (NYSE: HHC) announced today that it will release 2022 second-quarter earnings on Wednesday, August 3, 2022, after the market closes and will hold its second-quarter conference call on Thursday, August 4, 2022, at 10:00 a.m. Eastern Time. The Company's earnings release will be posted to the Investors section of the Company's website prior to the conference call.
To participate in The Howard Hughes Corporation's second-quarter earnings conference call, please dial 1-877-883-0383 within the U.S., 1-866-605-3850 within Canada, or 1-412-902-6506 when dialing internationally. All participants should dial in at least five minutes prior to the scheduled start time, using 5181383 as the passcode. A live audio webcast will also be available on the Company's website www.howardhughes.com.
In addition to the dial-in options, institutional and retail shareholders can participate by going to app.saytechnologies.com/howardhughes to submit questions to Say prior to the Earnings Call. Shareholders can email hello@saytechnologies.com for any support inquiries.
A taped replay of the call can be accessed 24 hours a day through September 10, 2022, by dialing 1-877-344-7529 within the U.S., 1-855-669-9658 within Canada, or 1-412-317-0088 when dialing internationally, using the passcode 6234723.
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 cities and 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; and 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 place making, 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.
Media Contact
The Howard Hughes Corporation
Cristina Carlson, 646-822-6910
Senior Vice President, Head of Corporate Communications
cristina.carlson@howardhughes.com
For HHC Investor Relations
Eric Holcomb, 281-475-2144
Senior Vice President, Investor Relations
eric.holcomb@howardhughes.com
Carlos Olea, 703-309-6720
Chief Financial Officer
carlos.olea@howardhughes.com
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https://www.wibw.com/prnewswire/2022/07/07/howard-hughes-corporation-announces-dates-times-second-quarter-2022-earnings-release-conference-call/
| 2022-07-07T12:36:35Z
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‘I’d do anything to get it back’: Jeweler gives woman’s wedding ring to the wrong person
MUHLENBERG CO., Ky (WFIE/Gray News) - A Kentucky woman is on the hunt for her wedding ring after she says her jeweler mistakenly gave it away to the wrong person.
Jessica Piper had a lot to smile about this past Mother’s Day.
She spent it with her family, the sun was shining, but something was missing. Her wedding ring.
Piper told WFIE she took it into her jeweler for a small repair and never saw it again.
“My husband went in and said, ‘I’m here to pick up my wife’s ring,’ Piper said. “And they said, ‘We don’t have a ring. Someone picked it up.’”
They filed a report with Kay Jeweler’s and got the local authorities involved.
“After the investigation through the jewelry store, we figured out one of the employees just made a mistake,” Piper said.
A $6,200 mistake, leaving Piper without her most special piece of jewelry, and a stranger a whole lot richer.
“They gave our ring to someone trying to pick up their own ring,” Piper said.
Instead of bringing the ring back in to correct the mistake, Piper says the man kept it and sold it off.
“We were told that he took the ring home, and I guess he and his wife separated or divorced, and he sold it through Snapchat,” she said.
Piper said she didn’t even know what or how to feel next.
“Shocked, and nervous, scared thinking someone’s done us wrong,” Piper said.
So she took to social media trying to spread the word. With over 1,000 shares on her Facebook post, she’s hoping someone may find it.
“Everyone’s devastated, and everyone’s always asking me about it,” Piper said. “Social media’s been my biggest supporter.”
Her left ring finger feels extra bare without it this month, as this weekend was her and her husband Cody’s anniversary.
13 years together, four years married.
“We’ve been together since I was in eighth grade,” Piper said. “We got together when I was 13, so we’ve been together half my life.”
Her ring was a symbol of their many years growing up together, and she hoped to have it until they grew old.
“I would love to get it back. It means so much to me,” Piper said. “I said our vows over it, and I intended to have it until I was no longer on this earth, so I’d love to get it back. I’d do anything to get it back.”
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/05/09/id-do-anything-get-it-back-jeweler-gives-womans-wedding-ring-wrong-person/
| 2022-05-09T23:51:29Z
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Intellagents quickly and securely digitizes connections across businesses, brokers and insurers, and software providers, leveraging AI to score risk, maximize protection to deliver "real change and innovation" to the insurance sector.
NEW YORK, Sept. 14, 2022 /PRNewswire/ -- FatBrain AI (LZG International Inc.; OTC: LZGI), the leader in powerful and easy-to-use artificial intelligence (AI) solutions for start-up and mid-market businesses (SMEs), has acquired Intellagents, an innovative insuretech platform.
The FatBrain and Intellagents combination empowers businesses, brokers and insurers to leverage Peer Intelligence technologies to optimize transactions, score risk, enhance productivity and simplify actionable insights for everyone across the insurance supply chain creating never-seen-before opportunities for growth.
"We are excited to welcome Intellagents into the FatBrain family," said Peter B. Ritz, co-founder and CEO of FatBrain AI. "Intellagents SaaS offers powerful, easy-to-use automation to accelerate Peer Intelligence growth for all participants connecting the insurance supply chain. Adding one connection per week to the insurance knowledge market, Intellagents SaaS accelerates the pace of innovation and improvement. Each such connection means actionable insights for tens of millions of businesses, hundreds of thousands of agents, many thousands of insurers and insuretechs."
Intellagents unifies an insurance-specific integration and API management marketplace with connectors to more than 60 insurance capabilities orchestrated within minutes into unique solutions. It enables insurers and brokers to rapidly realize improvements and efficiencies across multiple domains, including: client engagement; channel optimization; risk selection, pricing, and fraud mitigation; product speed to market; and "Book of Business'' acquisitions.
"Our clients join a comprehensive ecosystem enabling rapid innovation and growth with a simple self-service experience to harness the power of data and AI," said Mark Stender, CEO and co-founder of Intellagents. "No single insurer, broker or software company can solve the challenges of the insurance industry alone. The power of many "best-in-class" insurance capabilities connecting together, each continuously learning to improve individual performance, expands the overall insurance knowledge marketplace. The latest advances in AI 2.0 technologies coupled with the burgeoning data availability accelerate this realization."
Intellagents solutions are SOX, GDPR and HIPAA compliant and capable of passing any compliance exam from insurers.
"We've seen peer data turbo-charge the market in life insurance and annuities," said Shawn R. Carey, chief operating officer at FatBrain AI and co-founder, CTO-emeritus at iPipeline, a Roper Technologies, Inc. (NYSE: ROP) company. "Contributory peer insights powered by AI promise to accelerate growth beyond what we realized at iPipeline. With Intellagents ecosystem, connectivity, marketplace, team and technology we're starting on 3rd base."
"Our mission at FatBrain AI is to equip entrepreneurs and mid-market businesses with simple to use AI solutions that will help them reclaim time, save money and boost their bottom lines," said Rajarshi Das, chief scientific officer at FatBrain AI. "Intellagents and FatBrain AI are united in this mission and eager to support the global community of businesses, brokers and insurers."
This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. This release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business, which include the risk factors disclosed in our Form 10-K filed with the Securities and Exchange Commission on September 13, 2022. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. All forecasts provided by management in this release are based on information available at this time and management expects that internal projections and expectations may change over time. In addition, the forecasts are based entirely on management's best estimate of our future financial performance given our current contracts, current backlog of opportunities and conversations with new and existing customers about our products and services. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
FatBrain AI (LZG International, Inc.; OTC: LZGI) provides powerful and easy-to-use AI solutions to empower the star enterprises of tomorrow (aka mSMEs) to grow, innovate, and drive the majority of the global economy. FatBrain's AI 2.0 technologies and advanced data services transform continuous learning, narrative reasoning, cloud and blockchain technologies into auditable, explainable and easy to integrate AI solutions. FatBrain's subscription model allows all companies to deploy its advanced AI solutions quickly and easily, securely utilizing them on premises behind their firewalls or via cloud.
For more information, please visit: https://www.fatbrain.ai
Intellagents, LLC was formed in 2018 and has been solving insurers challenges in production flawlessly since 2019. Intellagents was founded on the principle that digital transformation requires significant improvements to an insurer's systems portfolio and that many gaps will need to be filled with AI and new innovations created by 3rd parties. Intellagents has built over 60+ connectors using unique integration and automation technologies to improve speed, personalization and agility.
For more information, please visit: https://www.Intellagents.com
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https://www.wibw.com/prnewswire/2022/09/14/fatbrain-acquires-intellagents-delivering-innovative-easy-to-use-ai-solutions-across-insurance-ecosystem/
| 2022-09-14T13:27:07Z
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Democratic Senate candidates urge eliminating filibuster and passing bill protecting abortion rights
By Alex Rogers, CNN
Senate Democratic candidates on Monday immediately called for eliminating the filibuster and passing legislation to protect abortion rights after Politico published what it said was a draft Supreme Court majority opinion that would strike down Roe v. Wade.
“Democrats need to act NOW—end the filibuster, codify Roe, and defend reproductive freedom,” tweeted Wisconsin Democrat Sarah Godlewski, the state’s treasurer. “This fight is too urgent.”
“Democrats have to act quickly — get rid of the filibuster to pass the Women’s Health Protection Act + finally codify Roe into law,” tweeted Pennsylvania’s John Fetterman, the state lieutenant governor. “We cannot afford to wait.”
“Control of the Senate has never been more important: it’s time to end the filibuster, pass the Women’s Health Protection Act, and fight like hell to make sure all Ohio families are free to make these critical decisions without interference from politicians in Columbus or Washington,” added Ohio Democrat Tim Ryan, a US congressman vying for a Senate seat.
The Democratic National Committee was succinct: “Make no mistake: reproductive rights will be on the ballot and this midterm election is more important now than ever before.”
The push from the Democratic candidates and others is likely to fail, unless some incumbent senators change their minds. In the 50-50 Senate, Democrats need every vote to eliminate the chamber’s filibuster rules. And Democratic Sens. Joe Manchin of West Virginia and Kyrsten Sinema of Arizona have repeatedly committed to protecting the filibuster, which sets up a 60-vote threshold that requires bipartisan cooperation to pass most legislation.
In February, Manchin also joined Senate Republicans in blocking the House-passed Women’s Health Protection Act, which aimed to preserve access to abortion.
The draft opinion written by Justice Samuel Alito was circulated in early February, according to Politico. The final opinion has not been released, and votes and language can change before opinions are formally released. The opinion in the case — Dobbs v. Jackson, which concerns a challenge to Mississippi’s 15-week ban on abortion — is not expected to be published until late June.
Politico says it has authenticated the draft, but CNN has not independently confirmed the document’s authenticity. A Supreme Court spokesperson declined to comment to CNN.
According to the draft, the court would overturn Roe v. Wade’s holding of a federal constitutional right to abortion. The opinion would be the most consequential abortion decision in decades and would transform the landscape of women’s reproductive health in America.
Republican Senate candidates touted the draft’s contents as a long-awaited victory, 49 years after the Roe v. Wade ruling.
“A victory for human life,” said Arizona US Senate Republican candidate Jim Lamon. Another Arizona Senate GOP candidate, Blake Masters, tweeted: “Bye bye Roe.”
US Rep. Mo Brooks said that the breach of court confidentiality aimed to “intimidate” justices before they reached a final ruling.
“They are only leaking this in order to put pressure on and intimidate the Court before the decision officially comes down,” the Alabama Senate hopeful said. “Pray for life and that justice is done.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Manu Raju and Eva McKend contributed to this report.
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https://localnews8.com/politics/cnn-us-politics/2022/05/02/democratic-senate-candidates-urge-eliminating-filibuster-and-passing-bill-protecting-abortion-rights/
| 2022-05-03T05:49:39Z
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- 2021 total revenue increased over 60% YoY to $12.8 million compared to the previous year
- Corporation's medical cannabis sales in 2021 increased to $4.6 million, representing 36% of total revenue
- The Corporation forecasts Q1 2022 sales revenue of ~ $4.5 million for the quarter
- Gross profit increased over 230% YoY to $4.9 million, driven by the continuous growth of the highly profitable medical cannabis segment
- Germany and the U.K. now represents more than 30% of the Corporation's medical cannabis sales as of Q4 2021
TORONTO, May 2, 2022 /PRNewswire/ - Khiron Life Sciences Corp. ("Khiron" or the "Corporation") (TSXV: KHRN) (OTCQX: KHRNF) (Frankfurt: A2JMZC), the global medical cannabis leader expanding throughout Latin America and Europe, announced today its financial results for the year ended and quarter ended December 31, 2021. These filings are available for review on the Corporation's SEDAR profile at www.sedar.com. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.
Summary of Key Financial Results:
- The Corporation continues to benefit from increasing patient awareness and favorable regulatory progress internationally.
- Gross margins, before fair value adjustments of 73% on its medical cannabis revenue stream in 2021 compared to 49% for the previous year 2020.
- The Corporation continues to prudently manage expenses, with 2021 general and administrative ("G&A") expenses declining over 15% year-over-year.
Key Operating Statistics
Alvaro Torres, Khiron CEO and Director, comments, "2021 was a transformational year for the Corporation, using a unique patient-oriented strategy has allowed us to continue demonstrating quarterly growth, with a strong commitment to improving the quality of patients' lives. Khiron's focus includes creating a meaningful brand that resonates with patients and doctors, selling highly profitable products, creating unique real-world data demonstrating the positive effects of cannabis for medical usage, and finally, diversifying our geographic revenue streams."
Mr. Torres added, "The success we have experienced in Europe so far is due to Khiron's ability to leverage our novel understanding of medical cannabis in Latin America, driven by our health services strategy and validated by the extraordinary evidence we build every day from the data generated in our clinics. Khiron is currently one of the top-selling brands of medical cannabis in the UK, and we have grown our market share rapidly in Germany. We recently opened our first hybrid Zerenia™ clinic in the UK, and we have received excellent adoption from both patients and doctors."
Mr. Torres continues, "In Colombia, growth was partly due to our efforts to ensure insurance coverage for patients by the country's principal insurance companies. To date, in Colombia, our Zerenia™ Clinics have served more than 20,000 individual patients with medical cannabis. In Peru, we obtained key final product registrations ("Alixen"), and we will continue to grow as we introduce new THC-based formulations to the Peruvian market. During the second half of the year, we sold our first Khiron-branded product in Brazil, a market of more than 230 million people. We are currently completing construction of our first clinic in Rio de Janeiro, and introducing THC-based medications, which will position us as one of the top companies in medical cannabis in this country. As we focus on our B2C medical cannabis strategy, Khiron has also decided to discontinue sales of our KuidaTM CBD-based cosmetics product line. Although we are very proud of the brand we created, it is clear that our biggest growth opportunities are within the medical cannabis sector, where revenue is increasing quickly. In addition, the Company no longer requires our cannabis cultivation license in Uruguay as we are currently exporting our products directly from Colombia. The Uruguay asset was purchased in 2019 for a total consideration of approximately 8.5 million shares."
"These significant efforts from our team at Khiron provide confidence that 2022 will continue to be a very positive year for our entire corporation, as we support the well-being of our patients across the globe, and fuel Khiron's continued international expansion." comments Alvaro Torres, Chief Executive Officer and Director of the Corporation.
Khiron invites individual and institutional investors, as well as advisors and analysts, to attend the Corporation's Year End and Fourth Quarter 2021 Conference Call, followed by a Q&A session.
Conference Call Date: May 2nd, 2022
Time 10:00 a.m. Eastern time
Toll-free dial-in number: 1-888-664-6383
International dial-in number: 1-416-764-8650
Khiron is a leading vertically integrated international medical cannabis corporation with core operations in Latin America and Europe. Leveraging medical health clinics and proprietary telemedicine platforms, Khiron combines a patient-oriented approach, physician education programs, scientific, product innovation, and cannabis operations expertise to drive prescriptions and brand loyalty with patients worldwide. The Corporation has a sales presence in Colombia, Peru, Germany, UK, and Brazil and is positioned to commence sales in Mexico. The Corporation is led by Co-founder and Chief Executive Officer, Alvaro Torres, together with an experienced and diverse executive team and Board of Directors.
Visit Khiron online at investors.khiron.ca
Linkedin https://www.linkedin.com/company/khiron-life-sciences-corp/
This press release may contain certain "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. All information contained herein that is not historical in nature may constitute forward-looking information. Khiron undertakes no obligation to comment on analyses, expectations or statements made by third-parties in respect of Khiron, its securities, or financial or operating results (as applicable). Although Khiron believes that the expectations reflected in forward-looking statements in this press release are reasonable, such forward-looking statement has been based on expectations, factors and assumptions concerning future events which may prove to be inaccurate and are subject to numerous risks and uncertainties, certain of which are beyond Khiron's control, including the risk factors discussed in Khiron's Annual Information Form which is available on Khiron's SEDAR profile at www.sedar.com. The forward-looking information contained in this press release is expressly qualified by this cautionary statement and is made as of the date hereof. Khiron disclaims any intention and has no obligation or responsibility, except as required by law, to update or revise any forward-looking information, whether as a result of new information, future events or otherwise.
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release.
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| 2022-05-02T11:48:22Z
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Organization recognized for outstanding contributions to protecting the environment through energy efficiency achievements
WASHINGTON, May 5, 2022 /PRNewswire/ -- The Portland Cement Association (PCA), representing the majority of U.S. cement production, is pleased to announce that it has received the 2022 ENERGY STAR Partner of the Year Award from the U.S. Environmental Protection Agency and the U.S. Department of Energy. This is the third year in a row that PCA has earned this award.
"We are proud to have won this award for the third consecutive year. This latest award confirms our commitment to reducing cement sector CO2 emissions through longstanding, long-term efforts to improve energy efficiency," said Michael Ireland, President and CEO of PCA. "This award shows once again that the cement and concrete industries are leading the way toward a more sustainable future, even as demand for our products grows."
The 2022 ENERGY STAR Partner of the Year Award comes after the launch of PCA's Roadmap to Carbon Neutrality in October 2021. The Roadmap contains a series of recommendations to achieve carbon neutrality across the entire cement-concrete-construction value chain, from using portland limestone cement to accelerating the deployment of carbon capture and storage technologies.
"We know it's going to take all of us working together to tackle the climate crisis, and the 2022 ENERGY STAR award-winning partners are demonstrating what it takes to build a more sustainable future," said EPA Administrator Michael S. Regan. "These companies are showing once again that taking action in support of a clean energy economy can be good not only for the environment, but also for business and customers."
In addition to PCA's recognition, two member companies also earned awards. CalPortland and CEMEX won Partner of the Year awards in the energy management category. This is the fifth year in a row that CEMEX has won this award, and the 18th successive year for CalPortland.
Each year, the ENERGY STAR program honors a group of businesses and organizations that have made outstanding contributions to protecting the environment through superior energy achievements. ENERGY STAR Award Winners lead their industries in the production, sale, and adoption of energy-efficient products, services, and strategies.
For more information about PCA and the industry's sustainability efforts, visit www.cement.org and shapedbyconcrete.com.
The Portland Cement Association (PCA), founded in 1916, is the premier policy, research, education, and market intelligence organization serving America's cement manufacturers. PCA members represent the majority of U.S. cement production capacity, having facilities across the country. The association promotes safety, sustainability, and innovation in all aspects of construction, fosters continuous improvement in cement manufacturing and distribution, promoting economic growth and sound infrastructure investment.
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SOURCE Portland Cement Association
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https://www.wibw.com/prnewswire/2022/05/05/portland-cement-association-wins-energy-star-award-third-year-row/
| 2022-05-05T18:40:56Z
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ORLANDO, Fla., July 11, 2022 /PRNewswire/ -- VOXX International Corporation (NASDAQ: VOXX), a leading manufacturer and distributor of automotive and consumer technologies for the global markets, today announced its financial results for its Fiscal 2023 first quarter ended May 31, 2022.
Commenting on the Company's results and business outlook, Pat Lavelle, President and Chief Executive Officer stated, "During the Fiscal 2023 first quarter, we continued to experience supply chain issues though the biggest impact was the lack of chips which directly impacted our automotive OEM and aftermarket business. Retailer buying also slowed in March given high inventory positions which impacted sales in our Consumer Electronics segment. While these challenges will persist, we are still poised for growth and expect to have a strong second half of the year based on new Automotive programs, increased production and sales of Onkyo products, along with expanding worldwide distribution, and a host of new products coming to market."
Lavelle continued, "As we look out over the next few years, we are very encouraged with our prospects and our optimism is driven by over $750 million in new OEM awards received over the past three years, with the majority of awards ahead of us. We also see significant expansion in our Premium Audio business as we will soon be securing the chips and parts expected to meet customer demand in the second half of the year and as we expand beyond North America and Australia to service a broader worldwide customer base. We also made significant progress in our Biometrics segment this past quarter, with new opportunities with both distribution partners and companies in the fintech, healthcare and automotive markets. Despite the near-term headwinds, we believe we are well positioned to drive significant growth and strong bottom-line performance in the years ahead."
Fiscal 2023 and Fiscal 2022 First Quarter Comparisons
Net sales in the Fiscal 2023 first quarter ended May 31, 2022, were $128.7 million as compared to net sales of $137.1 million in the Fiscal 2022 first quarter ended May 31, 2021, a decrease of $8.3 million or 6.1%.
- Automotive Electronics segment net sales in the Fiscal 2023 first quarter were $39.6 million as compared to $42.7 million in the comparable year-ago period, a decrease of $3.1 million or 7.2%. For the same comparable periods, OEM product sales were $16.7 million as compared to $14.9 million, driven by higher sales of OEM rear-seat entertainment systems, partially offset by ongoing supply chain constraints and component, part and chip shortages. Aftermarket product sales were $22.9 million as compared to $27.7 million, with the decline driven primarily by higher load-ins in the prior Fiscal year period as well as component and part shortages, partially offset by higher aftermarket accessory product sales.
- Consumer Electronics segment net sales in the Fiscal 2023 first quarter were $88.9 million as compared to $94.1 million in the comparable year-ago period, a decrease of $5.2 million or 5.5%. For the same comparable periods, Premium Audio product sales were $69.9 million as compared to $71.6 million, with the decline primarily attributable to lower sales of premium home theatre speaker systems, partially offset by an increase in sales of Onkyo products. Other CE product sales were $19.0 million as compared to $22.5 million with the decline primarily related to general softness in the accessory market following the prior year rebound in sales experienced after the COVID-19 shut-downs in Fiscal 2021. The Consumer Electronics segment was also impacted by lower purchasing by many big box retailers given high inventory levels.
- Biometrics segment net sales in the Fiscal 2023 first quarter were $0.1 million as compared to $0.2 million in the comparable year-ago period. While segment sales declined, new opportunities emerged this quarter and progress has been made on current projects undergoing testing prior to commercialization.
The gross margin in the Fiscal 2023 first quarter was 25.8% as compared to 26.8% in the Fiscal 2022 first quarter, a decline of 100 basis points. The year-over-year decline was primarily driven by lower margins in the Automotive Electronics segment, partially offset by higher margins in the Consumer Electronics segment. For the same comparable periods, the Company reported:
- Automotive Electronics segment gross margin of 22.2% as compared to 27.0%, a decrease of 480 basis points. The year-over-year decline was primarily related to the higher cost of materials and shipping, as well as increases in tariffs included in the cost of goods sold. Additionally, certain OEM rear-seat entertainment products that began selling during the second half of Fiscal 2022 have generated lower margins than normal due to rising costs, and as negotiations remain underway to revise pricing.
- Consumer Electronics segment gross margin of 27.4% as compared to 26.6%, an increase of 80 basis points. The primary drivers for the year-over-year increase are higher sales of Onkyo products, as well as the positive impact from price increases that were instituted throughout Fiscal 2022.
- Biometrics segment gross margin of 24.3% as compared to 19.5%, an increase of 480 basis points. The increase in margin was primarily a result of tooling costs incurred during the three months ended May 31, 2021 that did not repeat in the current year.
Total operating expenses in the Fiscal 2023 first quarter were $39.9 million as compared to $37.1 million in the comparable Fiscal 2022 period, an increase of $2.9 million or 7.8%. For the same Fiscal 2023 and Fiscal 2022 first quarter periods:
- Selling expenses of $12.3 million increased by $0.8 million, primarily related to higher trade show expenses as the Company attended the Consumer Electronics Show in person in 2022 and the 2021 event was held virtually.
- General and administrative expenses of $19.1 million increased by $0.5 million. The Company incurred higher depreciation and amortization expenses, benefit and insurance expenses, and an increase in fees related to taxes and licensing, partially offset by lower professional fees and salary expenses.
- Engineering and technical support expenses of $8.4 million increased by $2.2 million, primarily due to an increase in engineering labor expenses and research and development expenses related to the Onkyo acquisition, as well as the use of outside labor for certain projects. This increase was partially offset by decreases related to projects in development during the prior year that have been completed, as well as headcount reductions in the Biometrics segment.
- Acquisition costs of $0.1 million declined by $0.5 million. The Company incurred acquisitions costs in both the Fiscal 2023 and Fiscal 2022 first quarter associated with consulting and due diligence fees for the asset purchase agreement signed with Onkyo Home Entertainment Corporation and the joint venture created with Sharp Corporation to complete the transaction.
The Company reported an operating loss in the Fiscal 2023 first quarter of $6.7 million as comparted to an operating loss of $0.4 million in the Fiscal 2022 first quarter.
Total other income/expense, net, in the Fiscal 2023 first quarter was a loss of $2.2 million as compared to other income, net of $2.6 million in the Fiscal 2022 first quarter. The year-over-year variance was primarily related to foreign currency as the Company incurred a net foreign currency loss of $2.4 million in the Fiscal 2023 first quarter as compared to a net foreign currency gain of $0.1 million in the Fiscal 2022 first quarter. Additionally, the Company recorded a charge of $1.0 million representing interest expense related to the interim arbitration award accrued during Fiscal 2022. Additionally, equity in income of equity investee declined by $1.1 million and interest and bank charges increased by $0.2 million when comparing the Fiscal 2023 and Fiscal 2022 first quarters.
Net loss attributable to VOXX International Corporation in the Fiscal 2023 first quarter was $6.5 million as compared to net income attributable to VOXX International Corporation of $2.7 million in the comparable Fiscal 2022 period. The Company reported basic and diluted net loss per share attributable to VOXX International Corporation of $0.27 in the Fiscal 2023 first quarter as compared to basic and diluted net income per common share attributable to VOXX International Corporation of $0.11, in the comparable Fiscal 2022 period.
The Company reported an Earnings Before Interest, Taxes, Depreciation and Amortization ("EBITDA") loss in the Fiscal 2023 first quarter of $4.2 million as compared to EBITDA in the Fiscal 2022 first quarter of $6.4 million. Adjusted EBITDA in the Fiscal 2023 first quarter was a loss of $0.1 million as compared to Adjusted EBITDA in the Fiscal 2022 first quarter of $8.2 million.
Seaguard Electronics LLC
On March 3, 2022, the Arbitrator issued a Partial Final Award on Bifurcated Issue in the amount of $39,444, plus $798 for its attorneys' fees and costs. On March 11, 2022, the Arbitrator fixed the schedule of the patent portion of the bifurcated arbitration, with a trial date set for October 16, 2023. The Company has put its suppliers on notice of its indemnification rights with respect to the alleged infringing products. On March 14, 2022, Seaguard filed a Petition in the United States District Court, Central District of California, Western Division, to confirm the Partial Final Award. On April 25, 2022, the Company filed its opposition to Seaguard's Petition to Confirm and a Counter-Petition to Vacate the Partial Final Award. On May 31, 2022, the Court ordered the matter taken under submission for decision without oral hearing.
During Fiscal 2022, the Company recorded an accrual for the interim arbitration award in the amount of $39,444. During the three months ended May 31, 2022, the Company accrued an additional charge of $986 representing interest due on the award when paid. At May 31, 2022, the Company has a total accrued balance of $40,431 on the accompanying Consolidated Balance Sheet related to the interim arbitration award, to be paid if confirmed and not vacated by the U.S. District Court or an appellate court. The Company made its accrual determination in accordance with reports and evaluations from its damages expert, as well as from the guidance and opinion letters received from the Company's trial attorneys.
Balance Sheet Update
As of May 31, 2022, the Company had cash and cash equivalents of $5.7 million as compared to $27.8 million as of February 28, 2022. Total debt as of May 31, 2022 was $16.3 million as compared to $13.2 million as of February 28, 2022. The increase in total debt for the comparable periods is primarily related to $5.6 million outstanding on the Company's Domestic Credit Facility as of May 31, 2022, partially offset by the absence of debt related to the Company's Euro Asset-Based Lending Obligation for VOXX Germany. Total long-term debt, net of debt issuance costs as of May 31, 2022 was $14.9 million as compared to $9.8 million as of February 28, 2022.
Conference Call Information
The Company will be hosting its conference call and webcast on Tuesday, July 12, 2022 at 10:00 a.m. Eastern.
- To attend the webcast, participants must register online at https://edge.media-server.com/mmc/p/tesjq8k7.
- To access the call by phone, visit https://register.vevent.com/register/BIed2d9f3946264d288e913f1228733bfd and you will be provided with dial-in numbers. Participants are requested to register a day in advance or at a minimum 15 minutes before the start of the call. Those wishing to ask questions following management's remarks should use the dial-in numbers provided.
- A replay of the webcast will be available approximately two hours after the call and archived at the following link in Events and Presentations: https://investors.voxxintl.com/events-and-presentations.
Non-GAAP Measures
EBITDA and Adjusted EBITDA are not financial measures recognized by GAAP. EBITDA represents net (loss) income attributable to VOXX International Corporation, computed in accordance with GAAP, before interest expense and bank charges, taxes, and depreciation and amortization. Adjusted EBITDA represents EBITDA adjusted for stock-based compensation expense, foreign currency losses (gains), acquisition costs, certain non-routine legal and professional fees, and awards. Depreciation, amortization, stock-based compensation, and foreign currency losses (gains) are non-cash items.
We present EBITDA and Adjusted EBITDA in our Form 10-Q because we consider them to be useful and appropriate supplemental measures of our performance. Adjusted EBITDA helps us to evaluate our performance without the effects of certain GAAP calculations that may not have a direct cash impact on our current operating performance. In addition, the exclusion of certain costs or gains relating to certain events allows for a more meaningful comparison of our results from period-to-period. These non-GAAP measures, as we define them, are not necessarily comparable to similarly entitled measures of other companies and may not be an appropriate measure for performance relative to other companies. EBITDA and Adjusted EBITDA should not be assessed in isolation from, are not intended to represent, and should not be considered to be more meaningful measures than, or alternatives to, measures of operating performance as determined in accordance with GAAP.
About VOXX International Corporation
VOXX International Corporation (NASDAQ: VOXX) has grown into a leader in Automotive Electronics and Consumer Electronics, with emerging Biometrics technology to capitalize on the increased need for advanced security. Over the past several decades, with a portfolio of approximately 35 trusted brands, VOXX has built market-leading positions in in-vehicle entertainment, automotive security, reception products, a number of premium audio market segments, and more. VOXX is a global company, with an extensive distribution network that includes power retailers, mass merchandisers, 12-volt specialists and many of the world's leading automotive manufacturers. For additional information, please visit our website at www.voxxintl.com.
Safe Harbor Statement
Except for historical information contained herein, statements made in this release constitute forward-looking statements and thus may involve certain risks and uncertainties. All forward-looking statements made in this release are based on currently available information and the Company assumes no responsibility to update any such forward-looking statements. The following factors, among others, may cause actual results to differ materially from the results suggested in the forward-looking statements. The factors include, but are not limited to the: risk factors described in the Company's annual report on Form 10-K for the fiscal year ended February 28, 2022, and other filings made by the Company from time to time with the SEC.
The factors described in such SEC filings include, without limitation: the impact of the COVID-19 outbreak on the Company's results of operations, global supply shortages and logistics costs and delays; cybersecurity risks; risks that may result from changes in the Company's business operations; our ability to keep pace with technological advances; significant competition in the automotive electronics, consumer electronics and biometrics businesses; our relationships with key suppliers and customers; quality and consumer acceptance of newly introduced products; market volatility; non-availability of product; excess inventory; price and product competition; new product introductions; foreign currency fluctuations; and restrictive debt covenants. Many of the foregoing risks and uncertainties are, and will be, exacerbated by the COVID-19 pandemic, the War in the Ukraine and any worsening of the global business and economic environment as a result. The Company assumes no obligation and does not intend to update these forward-looking statements.
Investor Relations Contact:
Glenn Wiener, GW Communications (for VOXX)
Email: gwiener@GWCco.com
Tables to Follow
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| 2022-07-11T20:45:01Z
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AI Leader Extends AI Platform to Empower Everyone
NEW YORK, July 21, 2022 /PRNewswire/ -- Clarifai, the leading Artificial Intelligence platform for unstructured image, video, text, and audio data, announced the launch of a new free service – Clarifai Community – designed to empower everyone to create, share and use The World's AI. Clarifai Community is built on top of Clarifai's platform for the end-to-end AI lifecycle, which is powerful enough for data scientists, robust enough for developers, and easy enough for no-code business users.
"There are less than 100,000 data scientists that are truly capable of building deep learning technology in the world today," said Matt Zeiler, Clarifai's CEO. "This is not enough to genuinely make AI accessible to everyone. Clarifai Community empowers the world's 50 million software developers and even more non-technical users to solve the world's hardest problems. This is a transformative idea - and nobody else is as focused on that as we are."
Clarifai Community promotes sharing the World's AI resources and fosters collaboration between technical developers, data scientists, and business operators. It is a new highly efficient distribution channel of AI, as it collects the world's best AI resources in one place - accessible through its easy user interface and robust application programming interfaces. It offers models from state-of-the-art AI builders like Clarifai, hyperscalers, academic institutions, and startups – so there is no limit to what users can accomplish using the Clarifai Community. Models can be connected to one another visually into powerful workflows, with drag-and-drop functionality and zero code required. The open Clarifai Community encourages active participation and collaboration from its members, allowing them to create models and workflows and share with others around the world, advancing the reality where all can use and benefit from AI.
The models and workflows are like building blocks with all the implementation details handled by Clarifai, so users can focus on what they are trying to solve instead of both the coding and the Machine Learning Operations (MLOps) expertise required to publish complex models.
For example – without writing any code, users could create workflows that pipe audio transcription into text summarization to create meeting summaries easily. Or take it to another level and use audio transcription for foreign languages and create translated summaries of international news broadcasts. Once these workflows are created, they can easily be shared publicly with the open Clarifai Community, privately within their organizations, or with individual collaborators.
The World's AI "building blocks" is a transformative idea built upon the best foundation for AI: Clarifai's end-to-end AI platform for automated data labeling, data management, search, model training, evaluation, and versioning. It scales with production MLOps services and improves continuously with pipelines for active learning.
Additionally, Clarifai is also developing a new product category - the AI Lake. Similar to how a data lake is a centralized repository that stores all structured and unstructured data at any scale, Clarifai AI Lake collects and centralizes all the AI resources of an enterprise within one ecosystem and provides tools for teams to share across the enterprise.
"We are fundamentally redefining how AI gets distributed. We are making the world's best AI resources available to everyone and letting people contribute their own for unlimited collaboration using no-code tools accessible to all skill levels," said Alfredo Ramos, Clarifai's senior vice president of Platform. "We removed the 'Deploy' button because it's no longer needed since our models and resources are always there when you need them. The AI Lake is an enabler for managing all your AI resources -- data, concepts, models, workflows, and more. That allows the creation, sharing, and use of them with fine-grained permissions allowing you to leverage AI with collaborators, teams within large organizations, and now as the world's AI community."
All major technology leaps and innovative steps forward are the results of the iterative collaboration of many individuals. Gaining unique new insights from the explosive and vast amounts of unstructured data of all types transcends the ability of most humans. By allowing users to efficiently utilize their peers' creations in their own ML pipelines, Clarifai Community can be a shortcut to incredible new technological inventions and products. Visit https://clarifai.com/explore
Clarifai offers a leading computer vision, NLP, and deep learning AI lifecycle platform for modeling unstructured image, video, text, and audio data. It helps both public sector and enterprise customers solve complex use cases through object classification, detection, tracking, geolocation, visual search, and natural language processing. Clarifai offers on-premise, cloud, bare-metal, and classified deployments.
Founded in 2013 by Matt Zeiler, Ph.D., Clarifai has been a market leader in AI since winning the top five places in image classification at the 2013 ImageNet Challenge. Clarifai, headquartered in New York City, has raised $100M from top technology investors and is continuing to grow with more than 100 employees and offices in New York City, San Francisco, Washington, D.C., and Tallinn, Estonia. For more information, please visit www.clarifai.com.
CONTACT:
Claude Chafin
chafin@invariantgr.com
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| 2022-07-21T14:25:09Z
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The new finance leader joins the recognition and rewards company as the organization surges forward with an eventful 2022.
PROVO, Utah, May 18, 2022 /PRNewswire/ -- Awardco, the employee recognition and rewards company that drives behavior and builds culture through value-driven recognition, announced today that John Richards, a 26-year veteran in the world of finance, has joined the team as the new CFO.
Richards moved to Awardco after spending nearly 11 years in leadership of Domo's finance efforts, having previously led finance teams for Cisco and Google. He enters Awardco at a time of accelerating growth, including a new philanthropic endeavor called Goodness Grants and expansion into the EU and U.K. alongside its partner, Amazon Business. Last fall, Awardco secured $65 million in Series A funding, the largest for a HR tech SaaS.
"We are excited for John to come on board. Hiring him to fill this essential role is one more brick in our expanding house at Awardco. He brings a wealth of knowledge and will guide our advancement with passion and expertise," said Awardco founder and CEO Steve Sonnenberg. "His diversity of experience and diversity of leadership positions at Domo and Google will be extremely important to our success and ability to continue to grow responsibly. In John, we recognized good — that's what we do."
Richards holds an MBA from the University of Texas McCombs School of Business, as well as a Master of Accountancy (MAcc) from Brigham Young University's School of Accountancy. He has worked with companies of all sizes and specializes in building teams and processes from the ground up, with a focus on business partnership and accurate forecasting.
"I'm thrilled to join Awardco and contribute to this rapidly expanding organization. I feel like I'm here at the perfect time; Awardco is making waves in the industry and is poised for even more explosive growth," said Richards. "The vision of the organization and its incredible potential is what drew me in — Awardco doesn't just help companies recognize and reward their employees, they actually strive to recognize the good in everything they do, internally and externally. I'm elated to hit the ground running with this creative and dynamic team."
About Awardco
Awardco drives behavior and builds workplace culture through value-driven recognition and rewards. It is the only employee recognition and total rewards platform to be featured with Amazon Business to offer the power of Amazon for any size organization's rewards & recognition programs. Offering millions of products, hotels through Priceline, event tickets, gift cards, swag, and custom catalogs, Awardco is the largest reward network on the planet — all with zero markups. Coupled with the flexibility to build any number of recognition, incentive, milestone, or behaviorally driven programs, Awardco's platform drives employee loyalty. For more information, visit us online at award.co.
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| 2022-05-18T11:55:55Z
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LOS ANGELES, Aug. 9, 2022 /PRNewswire/ -- EPRI and NOAA are pleased to announce they have entered into a three-year memorandum of understanding (MOU) focused on developing a scientifically based approach to physical climate risk assessment in the energy sector.
As extreme weather increases in frequency and intensity, along with society's dependence on electricity, it's imperative there is a consistent approach to the assessment of physical climate risks, such as understanding the increasing probability and intensity of hazards like extreme precipitation, heatwaves, and hurricanes, driven by potential changes in climate. Earlier this year, EPRI launched Climate READi™: Power (REsilience and ADaptation initiative), convening global thought leaders and industry stakeholders to address power system climate resilience and adaptation. NOAA is one of the first governmental stakeholders to join the collaborative effort.
Under the MOU, the organizations agreed to share publicly available knowledge, data, industry specific research, and ideas related to physical climate risk assessment, while leveraging respective resources, expertise, and facilities, among other provisions.
"Proactively strengthening grid resilience against potential climate and weather impacts is going to take unprecedented collaboration among a diverse set of stakeholders," said EPRI President and CEO Arshad Mansoor, Ph.D. "NOAA is world-renowned for its weather and climate monitoring and modeling. EPRI and NOAA complement one another's skillsets and together can bring to the table further credibility and science as we collectively tackle this pressing challenge."
"NOAA's trusted climate data and tools help empower individuals, communities, and businesses to understand the risks from climate and extreme weather events and make informed decisions," said NOAA Administrator Rick Spinrad, Ph.D. "This transformational partnership with EPRI allows NOAA to provide climate data to a critical industry and helps the agency understand the energy sector to better anticipate future information delivery needs—laying the foundation for a Climate-Ready Nation."
The Climate READi public framework will be a first-of-its-kind effort that will embody one of the most comprehensive, integrated approaches to physical climate risk assessment. To date, there are 22 members of Climate READi, in addition to other key stakeholders including NOAA. Learn more here: Climate READi (epri.com)
Contact
Rachel Gantz
Media Relations Advisor
202-293-7517
rgantz@epri.com
Founded in 1972, EPRI is the world's preeminent independent, non-profit energy institute, with offices around the world. EPRI's trusted experts collaborate with more than 450 companies in 45 countries, driving innovation to ensure the public has clean, safe, reliable, affordable, and equitable access to electricity across the globe. Together, we are shaping the future of energy.
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| 2022-08-09T19:04:04Z
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NEW YORK, June 8, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Dentsply Sirona Inc. ("Dentsply Sirona" or the "Company") (NASDAQ: XRAY). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Dentsply Sirona and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On April 19, 2022, Dentsply Sirona issued a press release announcing the termination of Chief Executive Officer Don Casey, effective immediately, and stating that Casey "will cease to serve as a member of the Company's Board." On this news, Dentsply Sirona's stock price fell sharply during intraday trading on April 19, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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| 2022-06-09T01:24:17Z
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Coalition represents a commitment among CEOs to advance diversity and inclusion
WASHINGTON, Aug. 25, 2022 /PRNewswire/ -- Amtrak CEO Stephen Gardner signed the CEO Action for Diversity & Inclusion™, the largest CEO-driven business commitment to advance diversity and inclusion in the workplace. By signing the commitment, Stephen is pledging to cultivate diverse perspectives and experiences at Amtrak.
"We recognize that we can't move this needle alone. As we look to improve diversity and inclusion initiatives, it truly takes a village," said Stephen Gardner, CEO at Amtrak. "As we continually make changes to move communities and the country forward, we are proud to be a signatory of the CEO Action for Diversity & Inclusion."
All signatories of this commitment are company leaders who agree to implement the pledge within their respective workplaces and support companies doing the same. Amtrak brought this commitment to life by continuing efforts to implement and sustain four key actions:
- Supporting an open dialogue on complex, and sometimes difficult, conversations about diversity and inclusion: Encouraging an ongoing dialogue and tolerating different values builds trust, encourages compassion, and reinforces a commitment to foster inclusivity.
- Expanding awareness of unconscious biases: Recognizing one's own unconscious bias which enables individuals to begin acknowledging and minimizing potential blind spots.
- Sharing best practices and unsuccessful actions: A commitment to help other companies evolve, enhance their diversity strategies, and encourage them to share their successes and challenges with us and other companies.
- Establishing accountability: Create and share strategic inclusion and diversity plans with the Board of Directors that enables concrete and strategic action to prioritize and drive accountability that cultivates an inclusive culture and talent.
Reflecting continued efforts to advance diversity and inclusion, Amtrak received the highest score possible on the 2022 Disability Equality Index (DEI®) and received a top score on the Human Rights Campaign Foundation's 2022 Corporate Equality Index (CEI) earlier this year. Amtrak also has eight Employee Resource Groups that aim to foster connections and create a sense of belonging for employees at Amtrak.
At Amtrak, employees, programs, and suppliers represent a diverse work environment. Providing employees with unique growth and development opportunities, Amtrak aims to empower employees to reach their potential. This includes a comprehensive diversity and inclusion strategy for recruitment, onboarding, engagement, and promotions.
Visit the CEO Action for Diversity & Inclusion™ website to learn more about the pledge, get involved, and watch for updates on future activity.
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| 2022-08-25T20:55:20Z
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Summit presence focuses on DAS42's success delivering the full power of the Snowflake Data Cloud to enterprise clients
NEW YORK, June 15, 2022 /PRNewswire/ -- DAS42, a provider of modern data stack technology implementation and advisory services, will showcase its expertise building Snowflake-based data platforms at Snowflake Summit 2022, the annual user conference from Snowflake, the Data Cloud company. As a Snowflake Elite Services Partner, DAS42 has extensive experience helping enterprises harness the full power of the Snowflake Data Cloud.
"We've been working with Snowflake technology for many years as a key part of modern platforms we build to help clients get the most value from their data," said DAS42 CEO Nick Amabile. "In fact, a large majority of our projects over the years have involved Snowflake. That's helped our consultants develop unmatched expertise implementing and optimizing Snowflake solutions for enterprises across a range of industries. We're looking forward to showcasing that expertise at this year's Snowflake Summit."
Tracy Smith, Senior Director Data & Business Analytics at Be The Match, a non-profit organization that connects donors with patients in need of blood stem cell or bone marrow transplants, said, "The modern Snowflake-based analytics platform we deployed and adopted with DAS42's help has transformed the way our stakeholders utilize and interact with data to advance the performance of our business. It's been incredible to witness how this project continues to enable Be The Match's life-saving mission."
"DAS42's commitment to listening to the customer and crafting a customized solution that meets their specific needs translates into a successful joint customer experience," said Katie Ecklund, Senior Director of Partner Sales - America, at Snowflake. "Their deep expertise, unique approach, and agility in execution earned them recognition as an Elite Services Partners and as a Launch Partner for our innovative Media Data Cloud earlier this year. We're excited they'll have a role at the Snowflake Summit as well."
This year's Snowflake Summit takes place June 13-16 in Las Vegas.
About DAS42
DAS42 is a leading provider of cloud-based data analytics consulting and professional services. Based in New York and with offices across the United States, our clients include some of the world's largest companies. We work with cutting-edge technology partners to help organizations use data to improve their operations, reduce the time to actionable insights, and empower them to make better decisions, faster. Learn more at das42.com and follow us on LinkedIn, Instagram, Twitter.
Contact:
Taylor Pearson
202-235-3482
tpearson@tridentdmg.com
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| 2022-06-15T14:42:29Z
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Which kids’ play tents are best?
Kids’ play tents are a great gift idea for those who like to spend time alone or with a couple of close friends in a secret place. Play tents for kids vary in size, structure and materials, but most are reliable and safe for indoor and outdoor use. They’re usually big enough for at least one or two kids to go inside and play, read or even sleep. Check out the Pacific Play Tents Super Duper 4-Kid Play Tent II for a tent that’s suitable for outdoor camping as well as indoor use
What to know before you buy a kids’ play tent
Age range
Play tents are made for kids of all ages. Some kids’ play tents are more complex or larger than others, making them better for slightly older kids. Others are designed with bright colors or themes that appeal to younger children. As long as it’s big enough for kids to move around in and lets them have their own space, most play tents are fine for most ages. When in doubt, check the manufacturer’s description of the play tent for an intended age range.
Benefits
There are several benefits to getting a play tent for kids. For one thing, play tents are an excellent way to improve children’s creativity through imaginative play. They’re also good for younger kids who are still learning about their environment and building their motor skills and general hand-eye coordination.
A side benefit of kids’ play tents is that they offer a safe space for children to play and do other things like reading, doing puzzles or playing with toys. This can help kids build healthy associations between different activities.
For some hyperactive kids, a play tent can also serve as a quiet, calm space for them to go to unwind or calm down. Children who are easily overstimulated may also benefit from having a space like this that can block out the outside world or triggers in their environment.
Assembly and maintenance
Most play tents are fairly easy to assemble. Some even come with a video or illustrated guide that indicates where each piece goes and how to put everything together. Larger kids’ play tents come with sturdy poles that keep them upright, even in windy conditions.
As for cleaning and general maintenance, there are several ways to keep a play tent in good shape. Oftentimes, all that’s needed is a light vacuum to remove any debris like crumbs or dust and a quick wipe down with a damp cloth. Some play tents can be turned inside out, which makes it easy to shake them out.
If you want to fully sanitize the play tent, something that’s recommended every few days or so, use a mild liquid soap and warm water solution to clean it. Let it air dry fully before putting anything back inside or letting kids play in it.
What to look for in a quality kids’ play tent
Materials
The materials used in a kids’ play tent influence its durability, texture, design and overall theme. Polyester is one of the most common options since it’s durable, water-resistant and easy to clean. Many play tents also have mesh to allow for additional airflow inside the tent.
Some play tents use cotton canvas in their construction. This material is heavy-duty and unlikely to tear or get damaged when exposed to the elements. Indoor play tents may use lighter fabrics instead.
Many outdoor play tents include plastic, fiberglass or steel rods to keep them upright. These tents work well for kids who want to camp or play in their backyard, but they may not be as safe for younger children.
Size
Most manufacturers mention in the description how many children can fit inside the play tent. Typically, play tents are either categorized this way or by size — small, medium or large. When in doubt, go with a larger size since you can always fill it with extra blankets, sleeping bags, pillows or small nightstands. For indoor use, make sure there’s enough floor space for the play tent to fit.
Themes
From rocket ships to royal castles, there are plenty of themes to choose from when picking out a play tent for a child. Some play tents closely resemble conventional camping tents, while others may look more like a traditional teepee or an upright carnival tent.
Other features
Like regular-sized tents, many kids’ play tents have at least one full zipper they can use to open and close the front flap. Some may have partial side zippers that let in more light or air. Besides zippers, kids’ play tents may also have small pockets for storing the poles or small items.
How much you can expect to spend on a kids’ play tent
Most play tents cost $20-$30. Larger or themed play tents cost around $80, on average.
Kids’ play tent FAQ
Is it necessary to supervise a child in a play tent?
A. This depends on the child’s age and how responsible they are. Toddlers, for instance, should have adult supervision when playing with any type of toy or when inside a play tent. Young kids may also have trouble using the zipper or getting out of the play tent if it collapses on them. For older children, you probably won’t need to watch them while they’re in the tent.
Are play tents padded at the base?
A. Not usually. If you want more padding, put a soft mat or a few large blankets inside the tent.
What’s the best kids’ play tent to buy?
Top kids’ play tent
Pacific Play Tents Super Duper 4-Kid Play Tent II
What you need to know: This 58 by 58-inch polyester tent is durable enough to handle rough play and is reliable enough for backyard camping.
What you’ll love: The tent is made from 70 denier polyester and has double stitching at the seams for extra durability. It comes with strong poles that are safety-coated to eliminate splintering and a carrying bag.
What you should consider: It’s best for outdoor use.
Where to buy: Sold by Amazon and Wayfair
Top kids’ play tent for the money
Playz 10-Piece Boys & Girls Dress Up Castle Play Tent Bundle
What you need to know: Included in this bundle are two tents and several fun props, making it a great gift for social or creative kids.
What you’ll love: There are a variety of props for kids who like to play pretend and dress up as superheroes or princesses. The tents come with a tunnel that connects them and allows for more interactive play. Lightweight and easily portable, this play tent is safe and durable enough for young kids.
What you should consider: Assembly is a little tricky.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: This futuristic-looking play tent takes the original concept and turns it on its head.
What you’ll love: Made with sturdy materials, it’s easy to set up and take down this inflatable fort in minutes. When fully inflated, it’s just over 6 feet in diameter and around 4 feet tall. It also has viewing windows for kids to look through.
What you should consider: The box fan that inflates the tent is sold separately.
Where to buy: Sold by Amazon
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Angela Watson writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved.
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| 2022-05-28T13:11:25Z
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Data-focused cloud consultancy, Vivanti, sponsors the Leukemia & Lymphoma Society's 2022 Man & Woman of the Year competition and attends Grand Finale Gala in Washington DC
WASHINGTON and NEW YORK, June 2, 2022 /PRNewswire/ -- Vivanti — the enterprise technology consultancy delivering impactful cloud experiences and data-driven innovations with a client-first ethical framework — has announced its sponsorship of the Leukemia & Lymphoma Society's (LLS) 2022 Man & Woman of the Year (MWOY) competition.
As a Bronze Sponsor, Vivanti will attend the culmination of this year's MYOW regional campaign; the Washington DC Metro Grand Finale Gala – a Black-Tie event held on Saturday June 4th at The Anthem in Washington, DC.
"As a known tech hub, it's fantastic to have Vivanti sponsoring the Washington DC Metro leg of the Leukemia & Lymphoma Society's 2022 Man & Woman of the Year competition," said the Leukemia & Lymphoma Society's Campaign Development Direct for the Mid-Atlantic Region, Megan Swahn. "Vivanti works with organizations across its hubs in Washington DC, New York and throughout the USA, delivering cloud consulting services in the areas of DevOps, Digital Customer Engagement, Artificial Intelligence, Data and Analytics. We're thrilled to have them as partners to help further our mission to find a cure for blood cancers."
Founding Partner and CEO, Mike Walker, said that establishing a meaningful presence in the Washington DC area meant practicing strong corporate social responsibility as well as directly contributing to the growing technology community.
"We practice a strong brand of people-first consulting, where we build mutually beneficial person-to-person relationships that keep our clients' needs top-of-mind," said Walker. "As part of that business approach, it's important to holistically contribute to the communities in which you operate. That's why we're proud to work with LLS, its campaign teams, donors, supporters and MYOW candidates. Together, we've collectively raised a record-breaking $3.4 million to support the initiatives LLS undertakes."
Details and registration for the 2022 MWOY Washington DC Metro campaign – and the Grand Finale Gala – can be found here: https://www.mwoy.org/mwoy-washington-dc-metro-0
About Vivanti
Vivanti is a modern data-focused cloud consulting company with a consultant-led, customer-first approach. Vivanti consultants are organizationally empowered, and professionally obligated, to advocate for clients' best interests at each step of every engagement — just as doctors or lawyers are entrusted to do.
Vivanti's mission is to deliver impactful cloud experiences and data-driven innovations that promote a new level of customer-centric operating standards across the US technology consulting industry. Based in New York City, with offices in Manhattan and Washington DC, Vivanti offers advisory, consulting and managed services across all major cloud platforms. Specializing in the latest cloud data technologies, designed to facilitate digital business transformation and future ways of working, Vivanti's practice areas include data, artificial intelligence, DevOps and digital customer engagement.
For more information, visit www.vivanti.com
For regular updates, follow Vivanti on Twitter (@Vivanti_Consult), LinkedIn (Vivanti Consulting), YouTube (Vivanti Consulting), Facebook (@VivantiConsulting) or Medium (VivantiConsulting).
For regular industry news and analysis, subscribe to Vivanti's mailing list here:
https://vivanti.com/contact-us/
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| 2022-06-02T14:26:48Z
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- Global research looks at the human side of the metaverse -
NEW YORK, July 8, 2022 /PRNewswire/ -- Metaverse discussions about creating virtual worlds consume the plans of many fashion, automotive and retail brands. However, the human side of consumer activities in the metaverse have not been a significant part of the dialogue. A global study by Momentum Worldwide, metaverse partners to the American Association of Advertising Agencies (4As), found that 80% of people feel more included in the metaverse than in real life. Consumers are now looking to the metaverse to fill three core aspects of life—inspiration, individuality and inclusion.
More than $120 billion* has been invested in building out metaverse technology and infrastructure in 2022 to take advantage of the nearly three-quarters of consumers worldwide (71%) who promise to focus more on their mental wellbeing and are flocking to the metaverse to seek inspiration, be themselves, and connect with others more positively and inclusively. Exponential growth and adoption of marketing technologies led to the metaverse, but the impact these technologies have on people must be a key consideration for a brand's metaverse strategy.
Consumers have joined virtual platforms to have fun, be challenged, find inspiration and connect with others. Global research has shown that:
· 80% of consumers find the metaverse to be a much more inclusive place
· 63% had no idea they had been in the metaverse all this time
· 85% like that they can change their appearance as they desire
· 79% say their friends within the space accept them for who they are rather than what they look like
Jason Alan Snyder, global chief technology officer, Momentum Worldwide, comments, "The metaverse is a combinatorial innovation of complex technologies. Until recently, the combined technologies that form metaverse experiences were costly to deploy and consume and, therefore, not practical. The practice of combining these technologies has matured, deployment costs are reduced and metaverse experiences are broadly available, so consumer adoption is saturating. Brands are adopting the metaverse at scale too. Now we are learning how people behave and feel in the metaverse as we remove the barriers to entry. One particularly interesting area is the relationship between identity and personality."
"Metaverse identity is an extension of our many identities in the real world. We are accustomed to constructing pseudo-identities for ourselves at work, in our personal lives with friends and family, and on social media. Brands are learning that identity and personality are two different things and not always interlinked. Understanding what consumers want from the metaverse, their behaviours and motivations to fulfil happiness, find escapism and seek inclusion are vital for guiding how brands and businesses should behave. It's imperative that brands understand when they can or should violate expectations about identity and personality. The new opportunity is to help brands navigate the friction between identity and personality in the metaverse."
Helen Mumford Sole, well-known happiness coach and thought leader in digital transformation, says, "Whilst we are not even close to fully understanding the impact of the metaverse, this research is important because it shows the positive potential of the technology. When many people are struggling with their happiness, it seems that they are finding new ways of experiencing belonging and community in the metaverse. In the analogue world, these are significant contributors to happiness."
Chick Foxgrover, 4A's, EVP, creative technology & innovation, says, "At the 4A's, we've been following the industry's interest and excitement in the metaverse—this dramatic extension of human experience and interaction. We're thrilled to support Momentum's ground-breaking research into people's attitudes and expectations of the metaverse. Now we have a deeper sense of how and when people will embrace these rapidly changing new worlds. This work will become essential data for every brand and creative business hoping to design, build and participate meaningfully in the metaverse."
Elena Klau, global chief strategy & analytics officer at Momentum Worldwide, adds, "The metaverse has been a word that has been catapulted into focus, but it means different things to different people. Only by understanding what people want from the space and how they are using it can we really know how best to create meaningful, long-term experiences that meet people's desires for inspiration, individuality and inclusion. The potential is vast."
The global research was conducted using quantitative and qualitative methods of 4,500 participants from seven countries: Canada, Japan, MENA, Mexico, Spain, the UK and the US.
Momentum Worldwide is the world's first global experiential advertising agency. Built on the simple truth that it's not what brands say; it's what they do that matters. Momentum delivers total brand experiences by blending creativity, technology, strategy, insights and flawless execution. The agency has concurrently been named Best Sports Marketing Agency, Best Experiential Agency, Best Place to Work, Agency of the Year and Most Honored Marketing Agency by multiple outlets and award shows around the world, including the Industry Craft Grand Prix at Cannes and Best Approach to D&I at The Drum Agency Business Awards. Momentum Worldwide has been awarded two of the world's leading certifications for sustainability, ISO 14001 and ISO 20121, and are the first global agency to use TRACE, a real-time carbon impact tool for physical and virtual experiences.
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https://www.wibw.com/prnewswire/2022/07/08/80-people-feel-more-included-metaverse-than-real-life/
| 2022-07-08T14:45:25Z
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NEW YORK, Sept. 2, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BBBY, F, TGT, MRO, and INTC.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- BBBY: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BBBY&prnumber=090220221
- F: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=F&prnumber=090220221
- TGT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=TGT&prnumber=090220221
- MRO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=MRO&prnumber=090220221
- INTC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=INTC&prnumber=090220221
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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https://www.mysuncoast.com/prnewswire/2022/09/02/thinking-about-buying-stock-bed-bath-amp-beyond-ford-target-marathon-oil-or-intel-corp/
| 2022-09-02T14:22:18Z
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VANCOUVER, BC, Aug. 24, 2022 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") is pleased to announce a normal course issuer bid ("NCIB") commencing August 29, 2022, to acquire up to 7,079,407 of its own common shares, representing approximately 4% the 176,985,184 common shares issued and outstanding as of August 16, 2022. The repurchase program will expire August 28, 2023. Silvercorp feels that the Company's shares are currently undervalued by the market, and if such undervaluation continues, the NCIB will enhance value for Silvercorp's shareholders by reducing the number of outstanding shares. The NCIB is being implemented to provide enhanced flexibility should market conditions continue to result in Silvercorp's shares being undervalued relative to the value of its mining operations, together with approximately US$363 million in corporate assets comprised of cash and cash equivalents and short-term investments of US$215.8 million, plus investments in associates and other companies having a total market value of US$147.4 million, both as at June 30, 2022.
Purchases will be made at the discretion of the directors at prevailing market prices, through the facilities of the TSX, the NYSE American, and alternative trading systems in Canada and the United States, in compliance with regulatory requirements. There can be no assurance as to the precise number of shares that will be repurchased under the NCIB. Silvercorp may discontinue its purchases at any time, subject to compliance with applicable regulatory requirements. The Company intends to cancel all shares acquired under the NCIB. The price the Company will pay for the common shares will be the market price at the time of purchase, or such other price as may be permitted by the applicable regulatory requirements. Any private purchases that may be made under an exemption order issued by a securities regulatory authority will generally be at a discount to the prevailing market price.
The Company is not aware of any officers, directors or persons holding 10% or more of the securities that intend to sell their securities at the inception of the NCIB, but such officers, directors or persons holding 10% or more of the securities may sell their securities during the course of the NCIB, as their personal circumstances may require. If during the course of the NCIB the Company becomes aware that officers, directors or persons holding 10% or more of the securities intend to sell their securities, then the Company will not intentionally acquire such securities.
The maximum number of shares that may be purchased on the TSX during any trading day may not exceed 98,277 common shares of the Company, which is 25% of the average daily trading volume on the TSX based on the previous six completed calendar months of 393,110 . This limit, for which there are permitted exceptions, is determined in accordance with TSX regulatory requirements and does not apply to purchases made by the Company on the alternative trading systems in the United States.
The NCIB is a continuation of the program approved In August 2021, (the "2021 NCIB"), which ran from August 27, 2021 to August 26, 2022, to acquire up to 7,054,000 common shares of the Company, representing approximately 4% of the 176,369,091 common shares issued and outstanding as of August 22, 2021. All 739,960 shares acquired under the 2021 NCIB at a weighted average price of CAD$3.25, have been cancelled.
About Silvercorp
Silvercorp is a Canadian mining company producing silver, gold, lead, and zinc with a long history of profitability and growth potential. The Company's strategy is to create shareholder value by 1) focusing on generating free cashflow from long life mines; 2) organic growth through extensive drilling for discovery; 3) equity investments in potential world class opportunities; 4) ongoing merger and acquisition efforts to unlock value; and 5) long term commitment to responsible mining and ESG. For more information, please visit our website at www.silvercorp.ca.
For further information
Silvercorp Metals Inc.
Vice President
Phone: (604) 669-9397
Toll Free 1(888) 224-1881
Email: investor@silvercorp.ca
Website: www.silvercorp.ca
CAUTIONARY DISCLAIMER - FORWARD-LOOKING STATEMENTS
Certain of the statements and information in this news release constitute "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian provincial securities laws (collectively, "forward-looking statements"). Any statements or information that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects", "is expected", "anticipates", "believes", "plans", "projects", "estimates", "assumes", "intends", "strategies", "targets", "goals", "forecasts", "objectives", "budgets", "schedules", "potential" or variations thereof or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved, or the negative of any of these terms and similar expressions) are not statements of historical fact and may be forward-looking statements. Forward-looking statements relate to, among other things: the price of silver and other metals; the accuracy of mineral resource and mineral reserve estimates at the Company's material properties;
the sufficiency of the Company's capital to finance the Company's operations; estimates of the Company's revenues and capital expenditures; estimated production from the Company's mines in the Ying Mining District and the GC Mine; timing of receipt of permits and regulatory approvals; availability of funds from production to finance the Company's operations; and access to and availability of funding for future construction, use of proceeds from any financing and development of the Company's properties.
Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation, risks relating to: global economic and social impact of COVID-19; fluctuating commodity prices; calculation of resources, reserves and mineralization and precious and base metal recovery; interpretations and assumptions of mineral resource and mineral reserve estimates; exploration and development programs; feasibility and engineering reports; permits and licenses; title to properties; property interests; joint venture partners; acquisition of commercially mineable mineral rights; financing; recent market events and conditions; economic factors affecting the Company; timing, estimated amount, capital and operating expenditures and economic returns of future production; integration of future acquisitions into the Company's existing operations; competition; operations and political conditions; regulatory environment in China and Canada; environmental risks; foreign exchange rate fluctuations; insurance; risks and hazards of mining operations; key personnel; conflicts of interest; dependence on management; internal control over financial reporting; and bringing actions and enforcing judgments under U.S. securities laws.
This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements. Forward-looking statements are statements about the future and are inherently uncertain, and actual achievements of the Company or other future events or conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those referred to in the Company's Annual Information Form under the heading "Risk Factors". Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described or intended. Accordingly, readers should not place undue reliance on forward-looking statements.
The Company's forward-looking statements are based on the assumptions, beliefs, expectations and opinions of management as of the date of this news release, and other than as required by applicable securities laws, the Company does not assume any obligation to update forward-looking statements if circumstances or management's assumptions, beliefs, expectations or opinions should change, or changes in any other events affecting such statements. For the reasons set forth above, investors should not place undue reliance on forward-looking statements.
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https://www.wibw.com/prnewswire/2022/08/25/silvercorp-announces-share-repurchase-program/
| 2022-08-25T02:26:47Z
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Issues Dividend Policy Update
HOUSTON, Aug. 31, 2022 /PRNewswire/ -- Houston Natural Resources Corp. (OTC: HNRC) ("HNR or the Company") announced today that it expects to report strong results for the remainder of 2022, projecting $20 million in revenue and $10m in EBITDA for the year ending December 31,2022. The third quarter is projected to be $5 million in revenue and $2.5m in EBITDA. The nine months through September 30, 2022, is projected to be $13m in revenue and $7m in EBITDA. The increase is due to an increase in revenues from its portfolio companies.
Furthermore, the company recently announced a letter of intent to acquire Cunningham Energy, which would result in a significant increase in the company's assets for the year ending December 31,2022.
The company's revenues for the first six months of 2022 have increased by more than 34 % to $8,687,641 from $7,614,534 for the first six months of 2021. The company's earnings for the first six months of 2022 have increased by more than 37% to $5,627,641 from $4,105,594 for the first six months of 2021. The company's net assets have increased to $74,111,221 over the last year. The company's net asset value is $2.43 per share for the period ending June 30, 2022.
The company has identified two sources of potential dividends for its shareholders.
The company sponsored a successful $86 million NYSE listing of an energy focused special purpose acquisition corporation during the first quarter of 2022. This will result in a dividend to its shareholders after completion of the business combination and the lock up period has expired.
The company is evaluating sponsoring other energy focused special purpose acquisition corporation and expects a second energy focused special purpose to be completed in the third quarter. The company is evaluating sponsoring other energy focused SPACS, including traditional oil and gas, renewable energy, and waste to energy opportunities. This would also result in an additional dividend to the shareholders.
The company expects to realize at least $3m on each of its SPAC investments to be added to its existing earnings in 2023. This could provide shareholders with more than $0.30c per share in annual dividends.
The Company announced that, effective June 30, 2022, the Board of Directors has approved the transfer of the non-energy investments of $53,307,324 in exchange for 10,661,465 common shares of Worldwide Diversified Holdings, Inc at $5.00 per share. The Company received the requisite stockholder approval granting the Board of Directors the authority to affect the transfer of the assets and approve the dividend to the shareholders.
Worldwide Diversified Holdings, Inc ("WDHI") has audited statements and will provide for a listing later this year. The dividend record date will be announced during the third quarter and will automatically be distributed to the Company's shareholders. The company is anticipating an initial trading price of $5.00 per share to provide for the Company to list on a major exchange and receive additional capital. The transaction will provide for a dividend of $1.75 of WDHI shares for every one share of HNRC held by the shareholder on the record date.
Houston Natural Resources Corp (www.hnrcholdings.com) (OTC:HNRC). The company is a diversified holding company with business operations and investments. The portfolio companies include investments in energy, information technology and healthcare.
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties.
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https://www.wibw.com/prnewswire/2022/08/31/houston-natural-resources-corp-raises-its-revenue-guidance-2022/
| 2022-08-31T14:59:38Z
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DALLAS (KDAF) — If you hear someone, specifically a resident of the Dallas-Fort Worth Metroplex complaining about their pockets being heavier than normal, this might be why.
The Texas Lottery reports a resident of Arlington has recently claimed a $1.75 million jackpot-winning prize from the August 8 drawing. That ticket was bought at a QuikTrip on South Industrial Boulevard in Euless.
The big winner has decided to remain anonymous. Their ticket matched all four of the winning numbers along with the Bonus Ball to net the seven-figure win.
“Texas Two Step jackpots start at $200,000, and the jackpot amount increases for the next drawing until
there is a winner. Players win the jackpot by matching all four of the white ball numbers (1-35) and one
Bonus Ball number (1-35) to the numbers drawn,” the lottery said.
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https://cw33.com/news/local/arlington-resident-pockets-1-75-million-texas-lottery-win/
| 2022-08-15T14:10:50Z
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TAMPA, Fla., Aug. 15, 2022 /PRNewswire/ -- LM Funding America, Inc. (NASDAQ:LMFA) ("LM Funding" or the "Company"), a technology-based specialty finance company with a primary focus on expanding into the cryptocurrency mining business, today announced that it will host a conference call on Wednesday, August 17, 2022, at 11:00 a.m. Eastern Time to discuss financial results for the quarter ended June 30, 2022, and provide a business update.
The conference call will be available via telephone by dialing toll-free +1 888-506-0062 for U.S. callers or +1 973-528-0011 for international callers and entering access code 847012. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2917/46396 or on the investor relations section of the company's website, https://ir.lmfunding.com/.
A webcast replay will be available on the investor relations section of company's the website at https://ediblegarden.com/pages/webcasts-presentations through August 17, 2023. A telephone replay of the call will be available approximately one hour following the call, through August 31, 2022, and can be accessed by dialing 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering access code 46396.
About LM Funding America
LM Funding America, Inc., together with its subsidiaries, is a technology-based specialty finance company that provides funding to nonprofit community associations (Associations) primarily located in the state of Florida, as well as in the states of Washington, Colorado and Illinois, by funding a certain portion of the Associations' rights to delinquent accounts that are selected by the Associations arising from unpaid Association assessments. LMFA has also entering the cryptocurrency mining business through its subsidiary, US Digital Mining and Hosting Co., LLC.
Contact:
Crescendo Communications, LLC
Tel: (212) 671-1021
Email: LMFA@crescendo-ir.com
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SOURCE LM Funding America
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https://www.wibw.com/prnewswire/2022/08/15/lm-funding-america-inc-schedules-second-quarter-2022-financial-results-business-update-conference-call/
| 2022-08-15T14:21:12Z
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Thieves caught on camera breaking into cars in local subdivision
By Lacey Beasley
Click here for updates on this story
SEMMES, Alabama (WALA) — Mobile County Sheriff’s Office is asking for help in identifying some neighborhood thieves captured on camera, breaking into any car they can. Neighbors in a local subdivision said this isn’t the first time it’s happened, and the burglars are becoming more brazen.
Caught red-handed.
Surveillance video from Team Sheriff’s Facebook page showed a man yanking on the door handle of a white car, finding it locked, then rushing to the next car. That time, succeeding and rummaging through it.
A different angle showed the car pulling up and that same man running out. Another guy jumped out of the passenger’s seat to hit the car next door. Then both guys sped off in the getaway car.
One woman was shocked to find out this happened just doors down from her.
“This was definitely a surprise, but it was my first time encountering the situation,” said Shanice Cunningham.
Other neighbors said they’ve been victims too, but fortunately no valuables were left in their cars.
The resounding message is to warn people that some of these crimes can be preventable by taking extra safety precautions.
“I feel like everybody should be aware of their surroundings for one, so lock their doors, and if you can, put your car in the garage, try to,” said Cunningham.
According to MCSO, they do not know if the suspects are armed and dangerous. With any information, call 251-574-8633 or send tips in anonymously at mobileso.com/crimetips.
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https://localnews8.com/cnn-regional/2022/04/02/thieves-caught-on-camera-breaking-into-cars-in-local-subdivision/
| 2022-04-02T19:09:48Z
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ANKARA, Turkey (AP) — A senior Turkish official insisted after talks with Swedish and Finnish officials Wednesday that Turkey would not agree to the two Nordic countries joining NATO unless specific steps are taken to address Ankara’s objections.
“We have made it very clear that if Turkey’s security concerns are not met with concrete steps in a certain timeframe the process will not progress,” Ibrahim Kalin told a news conference after the talks in Ankara that lasted about five hours.
Kalin is the spokesman of Turkish President Recep Tayyip Erdogan, and a senior presidential aide.
Sweden and Finland submitted their written applications to join NATO last week, in a move representing one of the biggest geopolitical ramifications of Russia’s war in Ukraine that could rewrite Europe’s security map.
Turkey has said it opposes the countries’ membership in the Western military alliance, citing grievances with Sweden’s — and a to a lesser extent Finland’s — perceived support of the Kurdistan Workers’ Party, or PKK, and other entities that Turkey views as security threats.
The PKK, which is listed as a terror organization by several of Turkey’s allies, has waged a decades-long insurgency against Turkey, a conflict that has cost the lives of tens of thousands people.
The Turkish government also accuses Finland and Sweden of imposing arms exports restrictions on Turkey and refusing to extradite suspected “terrorists.”
Turkey’s objections have dampened Stockholm’s and Helsinki’s hopes for joining NATO quickly amid Russia’s invasion of Ukraine and put the trans-Atlantic alliance’s credibility at stake. All 30 NATO members must agree on admitting new members.
The Swedish and Finnish delegations met with Kalin and Turkish Deputy Foreign Minister Sedat Onal. The Swedish delegation was led by state secretary Oscar Stenstrom, while Jukka Salovaara, the foreign ministry undersecretary, headed up the Finnish delegation, Turkish officials said.
Kalin said Turkey’s proposal to lift arms export limits was met with a “positive attitude” by the Swedish and Finnish delegations.
He added that talks would continue once the Nordic governments had responded to Turkey’s demands.
Turkey also expects the extradition of 28 “terrorism” suspects from Sweden and 12 from Finland, Kalin said, adding that there was “no legal or judicial basis” not to extradite them. Turkish state media had previously said Turkey demanded the extradition of 33 suspects from the two countries.
Swedish Prime Minister Magdalena Andersson said following a meeting with European Council President Charles Michel in Stockholm that her country wanted to “clarify” claims that have been floating around during discussions with Turkey.
“We do not send money or weapons to terrorist organizations,” Andersson said.
During a news conference with the Estonian prime minister later Wednesday, Andersson said that “in these times, it is important to strengthen our security.”
She said Sweden has “a constructive dialogue” with Turkey and that Stockholm was “eager to sort out issues and misunderstandings and questions.”
Michel, who is scheduled to head to Helsinki from Stockholm, said it was “a pivotal moment for Sweden” and “we fully support your choices.”
Turkey this week listed five “concrete assurances” it was demanding from Sweden, including what it said was “termination of political support for terrorism,” an “elimination of the source of terrorism financing,” and the “cessation of arms support” to the banned PKK and a Syrian Kurdish militia group affiliated with it.
The demands also called for the lifting of arms sanctions against Turkey and global cooperation against terrorism.
Turkey said that it has requested the extradition of Kurdish militants and other suspects since 2017 but hasn’t received a positive response from Stockholm. The Turkish government claimed Sweden had decided to provide $376 million to support the Kurdish militants in 2023 and that it had provided them with military equipment, including anti-tank weapons and drones.
Finland has received nine extradition requests from Turkey in a recent period covering over three years, Finnish news agency STT said Wednesday, citing data from the Finnish justice ministry. Two people were extradited while six of the requests were rejected. A decision was pending regarding one other case.
Speaking Tuesday before a meeting of the Council of the Baltic Sea States, German Foreign Minister Annalena Baerbock said Russia had left Sweden and Finland “no choice” but to join NATO.
She said Germany would support the two countries’ membership, calling it “a real gain” for the military alliance.
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Andrew Wilks in Istanbul, Jan M. Olsen in Copenhagen, Denmark, and Jari Tanner in Helsinki contributed to this report.
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Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
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https://cw33.com/business/ap-business/sweden-finland-delegations-in-turkey-for-nato-talks/
| 2022-05-26T01:52:22Z
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Deputy reunites with 1-year-old girl he saved from fire
ORLANDO, Fla. (Gray News) – A sheriff’s deputy in Florida was reunited with the baby he saved from a fire in a dramatic rescue that was caught on camera.
The Orange County Sheriff’s Office posted photos on Facebook of Deputy William Puzynski reuniting with 1-year-old Sophia and her family.
Puzynski rescued Sophia by climbing to a third-floor balcony while a fire raged in their apartment Saturday.
Video of the rescue captured Puzynski telling the woman “hand me the baby, hand me the baby. We are coming,” as he goes up and balances himself on the railing before she extends the crying baby to him. “Please, come get me,” she pleads afterward.
He then brought the baby down before the mother, Barbara, and grandmother were subsequently rescued by firefighters.
At their reunion Wednesday, the sheriff’s office surprised Sophia and her family with new toys and gifts, since they lost so much in the fire.
“It was a joyful meeting, with tears & hugs & laughs - and lots of toys and supplies for mom & kids!” the sheriff’s office wrote on Facebook.
A family friend set up a GoFundMe page to help get the family back on their feet after the fire.
“Barbara has been through a lot her whole life, with this scenario being one of the worst she’s endured,” the GoFundMe page reads. “She is incredibly strong and resilient, having a hard time asking for help, which is why I want to put this GoFundMe together to give her some sense of peace during these tough times.”
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.wibw.com/2022/04/27/deputy-reunites-with-1-year-old-girl-he-saved-fire/
| 2022-04-27T19:18:04Z
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NEW YORK, July 13, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of The Charles Schwab Corporation ("Charles Schwab" or the "Company") (NYSE: SCHW). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Charles Schwab Therapeutics and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On July 2, 2021, Charles Schwab disclosed in a filing with the U.S. Securities and Exchange Commission ("SEC") that the Company "has been responding to an investigation by the [SEC] arising from a compliance examination" and that "[t]he investigation largely concerns historic disclosures related to the Schwab Intelligent Portfolios® (SIP) digital advisory solution." Accordingly, Charles Schwab disclosed that "[g]iven the investigation's status, Schwab's second quarter 2021 financial results will include a liability and related non-deductible charge of $200 million."
On this news, Charles Schwab's stock price fell $2.03 per share, or 2.79%, to close at $70.77 per share on July 6, 2021, the next trading day.
Then, on June 13, 2022, the SEC announced that it "charged three Charles Schwab investment adviser subsidiaries" who "agreed to pay $187 million to harmed clients to settle the charges." The SEC charged Charles Schwab with misleading investors that used its robo-adviser product, Schwab Intelligent Portfolios. Instead of the touted "disciplined portfolio construction methodology" that sought "optimal return[s]", Charles Schwab's "own data showed that under most market conditions, the cash in the portfolios would cause clients to make less money even while taking on the same amount of risk."
On this news, Charles Schwab's stock price fell $1.98 per share, or 3.18%, to close at $60.24 per share on June 13, 2022.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP
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https://www.wibw.com/prnewswire/2022/07/14/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-charles-schwab-corporation-schw/
| 2022-07-14T02:14:18Z
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