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HOUSTON, June 7, 2022 /PRNewswire/ -- Motiva Enterprises announced today that Jeff Rinker has been named the company's President and Chief Executive Officer, effective July 1, 2022. Rinker replaces Brian Coffman. Since 2018, Coffman has led Motiva with distinction, playing a pivotal role in the development, growth, and success of the company.
"Under Brian's leadership, Motiva achieved best-ever production and reliability performance and successfully entered new markets," said Mohammed Y. Al Qahtani, Chairman of Motiva's Board of Directors. "I am confident that Jeff is the right leader for Motiva going forward. He has the knowledge, energy and integrity that will build upon the legacy of operational excellence that Brian has built over the last four years."
Rinker brings more than 30 years of downstream and midstream energy experience to Motiva, including leading international organizations. Prior to joining Motiva, Rinker served as CEO of Limetree Bay Energy and as Executive Vice President of Downstream and Midstream for Husky Energy.
"I've long admired Motiva for its best-in-class operations, exceptional company values and industry leadership," said Rinker. "I'm thrilled to join such a high-performing organization and look forward to building on the strong foundation that Brian developed while strengthening Motiva's position in the Aramco family of companies."
At Husky Energy, Rinker was responsible for refining, upgrading, trading, pipeline, and fuels marketing activities. He developed and implemented an optimization-led business model across six refineries and upgraders to deliver improved safety, reliability, and profitability. Rinker began his career at BP and later served in executive positions at OMV.
"What I admire most about Motiva is its dedication to being a good neighbor," said Rinker. "My commitment to upholding Motiva's license to operate in Port Arthur and the communities surrounding our terminal and pipeline operations will not waver."
Rinker earned a Bachelor of Science in chemical engineering from Carnegie Mellon University, graduating with honors. He has also completed executive programs at Harvard Business School, Stanford University, and Case Western Reserve University.
Brian Coffman, who will exit the CEO post on June 30, expressed confidence in the appointment of Rinker. "Jeff's focus on developing strong teams, continuously improving, and delivering exceptional results will serve Motiva well in its aim to be the pacesetter within our industry."
About Motiva
Headquartered in Houston, Texas, Motiva refines, distributes, and markets petroleum products throughout the Americas. The company's Port Arthur Manufacturing Complex in Port Arthur, TX, is comprised of North America's largest refinery with a crude capacity of 630,000 barrels a day, the country's largest base oil plant, and an adjacent chemical plant. Under exclusive, long-term brand licenses with Shell and Phillips 66 (for the 76® brand), Motiva's marketing operations support more than 5,000 retail gasoline stations. The company's 2,400 U.S. employees are dedicated to delivering excellence and having fun making a difference. Motiva is wholly owned by Aramco.
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https://www.wibw.com/prnewswire/2022/06/07/motiva-announces-jeff-rinker-new-president-ceo/
| 2022-06-07T18:43:56Z
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NEW YORK, May 19, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in International Business Machines Corporation ("IBM" or the "Company") (NYSE: IBM) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of IBM investors who were adversely affected by alleged securities fraud between April 4, 2017 and October 20, 2021. Follow the link below to get more information and be contacted by a member of our team:
IBM investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Strategic Imperatives Revenue and growth, CAMSS and CAMSS Components' revenue and growth, and the Company's Segments' revenue and growth were artificially inflated as a result of the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives Revenue; (ii) the Company's present success and positive future growth prospects concerning its Strategic Imperative business strategy were being fueled by the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperative Revenue and, as a result (iii) the Company misled the market by portraying the Company's Strategic Imperative's financial performance and future prospects more favorable than they actually were as a result of the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives.
WHAT'S NEXT? If you suffered a loss in IBM during the relevant time frame, you have until June 6, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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https://www.kxii.com/prnewswire/2022/05/19/ibm-lawsuit-alert-levi-amp-korsinsky-notifies-international-business-machines-corporation-investors-class-action-lawsuit-upcoming-deadline/
| 2022-05-19T18:43:15Z
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https://www.cantonrep.com/restricted/?return=https%3A%2F%2Fwww.cantonrep.com%2Fstory%2Fsports%2Fhigh-school%2Fbaseball%2F2022%2F05%2F19%2Fmassillon-tigers-baseball-glenoak-score-sectional-final-spike-ridgley-district-mayfield-ohsaa%2F9830085002%2F
| 2022-05-20T04:24:28Z
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Available to Florida schools as financial literacy instruction is mandated in Florida.
MIAMI, Aug. 10, 2022 /PRNewswire/ -- Money Vehicle, a leading virtual education company dedicated to closing the financial literacy gap in the U.S., is announcing that its virtual financial literacy course adheres to the new standards adopted by the state of Florida. Governor Ron DeSantis signed the Dorothy L. Hukill Financial Literacy Act SB 1054 into law on July 1, 2022, which requires that all public school students in the state receive financial literacy instruction. The Money Vehicle course aligns with Florida standards, making it an ideal, turnkey solution for students, educators, and school districts.
"Florida's new financial literacy standards will have an opportunity to change students' futures, and we could not be more proud that Money Vehicle will empower teachers to deliver this impact in classrooms," said Jedidiah Collins CFP®, founder of Money Vehicle.
Florida's standards state that students, beginning in the ninth grade of the 2022-2023 school year, must take one-half credit in personal financial literacy and money management. The standards mandate instruction on financial topics spanning through bank accounts, money management, taxes, debt, and investments. The Money Vehicle course aligns to these standards, teaching students these basic principles of personal finance as well as addressing much more.
"It is important that our students are given the tools and knowledge to make basic and well-informed financial decisions in the future," said Florida Commissioner of Education Richard Corcoran upon the bill's signing.
Money Vehicle is designed for classrooms and delivers resources for educators. The course was developed by financial and educational experts—teachers and administrators among them, who have decades of experience rolling out school projects. Money Vehicle is already being used by school districts nationwide, as well as being used on college campuses and by professional sports leagues.
Money Vehicle is a team of former financial advisors, educators, and instructional designers, whose mission is to close the financial literacy gap. With decades of collective experience, Money Vehicle has developed an interactive textbook, a standards-based curriculum, and the resources for in-classroom instruction. This hybrid engagement of on and off-screen instruction empowers each and every student to begin their financial plan.
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SOURCE Money Vehicle LLC
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https://www.wibw.com/prnewswire/2022/08/10/money-vehicle-financial-literacy-course-adheres-florida-state-high-school-standards/
| 2022-08-10T19:22:21Z
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NEW YORK (AP) — “MJ,” the hit-filled Broadway musical about the King of Pop, got a huge bump at the box office after nabbing four Tony Awards and getting valuable exposure in front of millions during its electric telecast performance.
The Michael Jackson show may have lost the best new musical crown to “A Strange Loop,” but it won the best actor in a musical trophy for Myles Frost and pulled in $1,661,000 during the week after the Tonys. That’s the biggest box office jump last week on Broadway and a new high for the show.
“That’s one of the benefits of being able to be Tony nominated is that you have the opportunity to perform on the Tonys and to be able to put our show in front of so many people who are avid theater lovers,” said Lia Vollack, the lead producer.
Another show that got a post-Tonys bounce was “A Strange Loop,” which grossed $845,313 for the week ending June 19, a jump of $168,998 over the previous week and a new high for the show.
Others musicals saw more modest gains, like “Six” and “Paradise Square,” with a show-stealing performance by best actress in a musical Joaquina Kalukango.
“MJ” is set during Jackson’s 1992 “Dangerous” tour prep and melts back in time to explore his youth, with songs like “ABC,” “Black or White,” “Blame it on the Boogie,” “Bad,” “Billie Jean,” “Off the Wall” and “Thriller.” It also won Christopher Wheeldon the Tony for best choreography.
“MJ” plans a national tour kicking off in Chicago in July 2023, with a stop in Charlotte, North Carolina, that September. Vollack spoke from London, leading to speculation a West End production might be mounted. On Broadway, the show been sold out every performance since the Tonys and advance sales are said to be booming.
Because “MJ” is not a star vehicle, Vollack hopes to be able to replicate finding someone as talented as Frost to lead other companies. “I do think that there is amazing talent in the world, and we’re looking forward to finding people for years to come and in different companies hopefully to perform the role,” she said.
The Tony Awards reached 4.22 million viewers on June 12, a bounce-back for Broadway after last year’s show in September was seen by 2.75 million people. Many took to Twitter in amazement after seeing Frost moonwalk during his performance of “Smooth Criminal.”
Vollack was gracious in her Tony wins, saying “any show that managed to perform in this last season actually deserves a Tony.”
“I was so proud to be a part of this season and be a part of this community because this community is so resilient and dedicated and wanting to create,” said Vollack, whose other Broadway credits include “Shuffle Along,” “Tootsie” and the forthcoming “Almost Famous.”
Exposure on the Tony telecast usually translates into higher box office numbers the following week ,but that was definitely not the case with “The Music Man,” which lost $1,631,334. Star Hugh Jackman was not performing because of a second bout with COVID-19.
___
Mark Kennedy is at http://twitter.com/KennedyTwits
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https://cw33.com/entertainment-news/ap-entertainment/broadways-mj-gets-a-box-office-bump-after-the-tony-awards/
| 2022-06-23T00:07:48Z
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“Final” January 6th Committee Hearing focuses on Trump timeline
The committee announced it is continuing its investigative work
WASHINGTON (Gray DC) -ANCHOR:
The House Select Committee to Investigate the January 6th (2021) attack on the U.S. Capitol presented a timeline of what President Trump was doing and not doing that day. Thursday, July 21 marked the final January 6th committee hearing of the summer.
187 minutes.
The committee focused on 187 minutes Thursday night, from when then President Donald Trump left his rally at the Ellipse until 4:17 p.m. Eastern when he posted a video message asking his supporters to depart the Capitol. During those three critical hours, the President sat and watched as hundreds descended on the capitol.
Rep. Liz Cheney (R-Wyoming) chaired the committee as Rep. Bennie Thompson (D-Miss.) is in isolation due to testing positive for COVID-19.
“Donald Trump’s own White House counsel, his own White House staff, members of his own family, all implored him to immediately intervene, to condemn the violence and instruct his supporters to stand down, leave the Capitol and disperse for multiple hours. He would not.”
Committee members laid bare the timeline of what was occurring in the White House as violence erupted at the Capitol. Rep. Cheney added, the testimony the panel has gathered showed that, “for hours, Donald Trump chose not to answer the pleas from Congress, from his own party, and from all across our nation to do what his oath required. He refused to defend our nation and our Constitution.”
In the 74th minute of the attack, more than an hour in, the president tweeted this, “Mike Pence didn’t have the courage to do what should have been done to protect our country.”
Both witnesses Thursday used the imagery of that tweet adding fuel to the fire.
Thursday also provided first-hand accounts of those charged with protecting the Vice President, the radio calls of Mike Pence’s Secret Service detail.
“That left entry in the Secret Service. The Capitol does not sound good right now. Correct. With them the members of the BPP tell it this time we’re starting to fear for their own lives. There were a lot of there was a lot of yelling, a lot of a lot of very personal calls over the radio. So I’m It was disturbing. I don’t like it, but there were calls to say goodbye to family members and so forth.”
One of two Republicans on the committee, Rep. Adam Kinzinger (D-Ill.) didn’t mince words while condemning the President, saying, “President Trump did not fail to act during the 187 minutes between leaving the Ellipse and telling the mob to go home. He chose not to act.”
The committee says they will continue their investigations through August, with a specific focus on lost and destroyed communications between Secret Service on January 6th and additional testimony the panel is gathering.
Copyright 2022 Gray DC. All rights reserved.
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https://www.kxii.com/2022/07/22/final-january-6th-committee-hearing-focuses-trump-timeline/
| 2022-07-22T14:42:55Z
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Chiefs’ owner Clark Hunt prefers Arrowhead renovation over new stadium
ST. JOSEPH, Mo. (AP) — Chiefs founder Lamar Hunt used to tell his son, Clark, that his favorite place on the planet was Arrowhead Stadium.
If it’s up to the current chairman, the club will be there long into the future.
During his annual trip to training camp, Clark Hunt said Friday that the preference of the Chiefs is to renovate the aging facility east of downtown Kansas City rather than build a new stadium. But that will depend on a number of studies that are examining the structural integrity of a building celebrating its opening 50 years ago this season.
“That would be our No. 1 priority,” Hunt said. “We’re going to evaluate all options, obviously. We have to figure out what’s best for the franchise, what’s best for the fan base. But it starts with evaluating Arrowhead and that’s where we’re at.”
The Chiefs have shared the Truman Sports Complex with the Kansas City Royals since the early 1970s, and each of their facilities has gone through extensive renovations financed in part by Jackson County taxpayers. But under the new ownership of John Sherman, the Royals appear to be leaning toward leaving the expanse of concrete parking lots for a downtown site near public transportation and restaurants, shopping and entertainment options.
Their stadium leases last through the 2030-31 seasons, and that means both will need to determine their next step in the next two years. That would give them enough time to secure financing along with formulating plans and construction.
Arrowhead already is due to have minor renovations beginning in 2025 for the World Cup the following year. While some of those figure to be cosmetic upgrades, the majority have to do with seating arrangements in the corners of the stadium, where more space will be needed to fit an international soccer pitch.
ALSO READ: Lucas: $50 million in renovations coming to Arrowhead Stadium
In a perfect world, Hunt said, those would be the start of long-term renovations for the third-oldest NFL stadium in use.
“We’re very hopeful we’ll be able to renovate Arrowhead Stadium when the time comes,” he said, “but we’re probably still a year-plus from being able to make that determination. What I’ve learned through the process is it’s not a very simple answer when you’re trying to determine whether a building can go another 25 or 30 years starting eight years from now.”
The future of Arrowhead will be determined just as the Chicago Bears decide whether to leave Soldier Field, which opened in 1924 and is the league’s oldest stadium. The franchise signed a purchase agreement last year for the 326-acre site of the old Arlington Park horse racing track, which is about 30 miles northwest of their current stadium, leaving officials in Chicago to explore plans to enclose Soldier Field in a bid to keep the team near the lakefront.
Among the attraction for the Bears, whose lease of Soldier Field runs through 2033, in moving to a new stadium is the ability to own all the revenue it produces, along with potential income from other commercial development.
By contrast, Soldier Field is owned by the Chicago Park District, which limits the financial upside for the franchise.
PHOTOS: What Arrowhead Stadium will look like for a World Cup game
The only other stadium older than Arrowhead is Lambeau Field, where the Green Bay Packers have played since 1957.
That doesn’t appear to be an issue for Hunt, whose family has owned the franchise since Lamar Hunt founded it in 1959 and moved from Dallas to Kansas City in 1963. They cherish the history of Arrowhead along with its setting, which may lack for public transportation but makes up for with vast parking lots for some of the league’s best tailgating.
That evidently outweighs whatever revenue that could come with a new stadium on property owned by the Chiefs.
“We’re being very methodical (with planning),” Hunt said. “We want to get to the right answer because it’s very important.”
NOTES: DE Carlos Dunlap, who signed a one-year deal Thursday, will not arrive until next Wednesday because of some personal matters he is wrapping up. “He’s been around. He knows what he’s looking for,” Chiefs coach Andy Reid said. “He liked what he saw and we liked what we saw and we signed him up.” ... FS Justin Reid participated fully in practice after getting shaken up Thursday. ... The Chiefs practice again Saturday before getting the day off Sunday. Their first padded practice of training camp is scheduled for Monday.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/07/29/chiefs-owner-clark-hunt-prefers-arrowhead-renovation-over-new-stadium/
| 2022-07-29T21:02:38Z
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LISBON, Portugal (AP) — Almost the whole of Portugal was in severe drought at the end of May, the country’s weather service said Thursday.
The month of May was the hottest in the southern European country for the last 92 years, weather service IPMA said in its monthly climate report.
The average temperature of just over 19 C (66 F) was more than 3 degrees Celsius (5.4 degrees Fahrenheit) higher than usual, it said.
At the same time, average May rainfall of just under 9 millimeters (0.35 inches) was just 13% of what would normally be expected.
That combination left 97% of the country in “severe drought” — one classification lower than the weather service’s worst category of “extreme drought.”
Climate scientists say Portugal can expect higher temperatures and lower rainfall as a consequence of global warming.
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Follow all AP stories on climate change at https://apnews.com/hub/climate
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https://cw33.com/news/science-technology/ap-science/almost-all-of-portugal-in-severe-drought-after-hot-dry-may/
| 2022-06-09T14:22:54Z
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NEW YORK, June 8, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for XCUR, AERC, CS, AUVI, and RIG.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- XCUR: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=XCUR&prnumber=060820226
- AERC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AERC&prnumber=060820226
- CS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CS&prnumber=060820226
- AUVI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AUVI&prnumber=060820226
- RIG: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RIG&prnumber=060820226
(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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SOURCE InvestorsObserver
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https://www.wibw.com/prnewswire/2022/06/08/thinking-about-buying-stock-exicure-aeroclean-technologies-credit-suisse-applied-uv-or-transocean/
| 2022-06-08T16:14:06Z
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In spite of the low water level at Lake Belton, 70 boats — each holding about three contestants — cast off early Saturday in the fourth annual Anglers for Aiden memorial bass tournament.
“The way the water is — it’s way down — we’re surprised they even showed up,” said Bill Menn of Little River-Academy, one of the organizers.
A lot of area businesses help to support the event, he said, which is held around the end of August every year.
“We’ve got little kids, grown kids, pro fishermen, kids that came out to fish with their dads and their grandpas,” he said. “We have a $1,000 first place prize and a $500 big bass prize. Then we have a fish fry afterward.”
This year’s tournament, held at Cedar Ridge Park, included a casting game contest. There was a tailgate giveaway of toys for the little children and a live auction of fishing-related items.
The tournament is in memory of Aiden Martin of Little River-Academy, who died at age 14 a few days after suffering a head injury in an all-terrain vehicle accident on Sept. 14, 2018.
Menn said Aiden was his nephew.
“It’s hard to do this, but it’s the way we give back,” he said.
After the accident, when Aiden was in the hospital, everyone in the surrounding community came together to help, he said.
J.P. Brazeal of Tightlines Premium Fishing Tackle in Killeen approached the family, he said.
“Aiden loved to fish,” Menn said. “What could we do to give back? This is what we came up with. All the money we get goes to scholarships.”
Last year the tournament gave out $10,500 in scholarships to Central Texas schools, he said. This year’s proceeds will go toward 2023 graduating high school students, he said.
Robert Garcia of Moody, one of the event’s organizers and owner of RPG Outdoors, said he and his wife, Angela, sometimes give away bait as small prizes in the tournament.
“This is one big fishing community,” he said. “This is the outcome of all of us coming together to impact someone’s life, whether it’s someone down on their luck or someone who has passed away.”
Dave Urabe of Waco, co-founder of Fish Kid at Heart, a nonprofit, was in charge of the casting competition.
He had been out on the lake earlier, fishing with his son Kenji, 13, and Zach Nicholas, 12. Dave Urabe had to come in to run the casting game. He said they caught one keeper and were hoping for a full-limit catch.
Zach’s father, Michael Nicholas, took Dave’s place in the boat.
Dave Urabe said everyone used artificial lures for the tournament. There was a three-fish limit and the bass had to be 14 inches long.
“Anything over 6 pounds would be a good fish,” he said. “It’s all release. We believe in fish conservation.”
Of Fish Kid at Heart, he said: “Our mantra is we believe kids deserve the outdoors.”
Fabian Garcia, 20, of Moody, nephew of Robert Garcia, said he was helping out with the tournament.
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https://www.tdtnews.com/news/central_texas_news/article_e4a686dc-267e-11ed-9bb2-d3dd0af82216.html
| 2022-08-28T07:29:45Z
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ATLANTA, May 18, 2022 /PRNewswire/ -- Field Pros Direct, a tech-enabled claims service provider founded on simplifying the claims process, announced the acquisition of Dineley Claims Services. This acquisition brings together Field Pros Direct's technology-based claims solutions and Dineley Claims Service's 20+ years of adjusting expertise to expand both Company's claims coverage areas and insurance service lines.
With this new relationship comes opportunities for both Companies to leverage their adjusting synergies to strengthen their claims offerings for stakeholders and increase their footprint in the northeast and nationwide. For Insurance Carriers and MGA's, this will expand coverage area in the northeast related to CAT and Daily Claims services. For adjusters and team members, this offers additional opportunities for claims assignments and professional growth.
"Dineley has a reputation of providing industry leading claims results and experiences, especially in the Northeast" stated Matt Anderson, CEO/Founder of Field Pros Direct. "The Northeast U.S. is a key area of growth for our family of companies. Dineley's commitment to greatness and similar culture, made this acquisition align well for both Company's growth plans"
Dineley Claims Services specializes in property and commercial claims, with a heavy focus on complex claims handling. In addition, they also handle a full array of personal and commercial casualty claims. Anderson stated "Both Bridgewater Group [a Field pros Direct Company] and Field Pros Direct are noticing an increasing demand for complex claims handling."
"With Dineley's deep complex claims handling expertise and our nationwide coverage, this relationship will provide our combined Carrier partners even more opportunity to better service their policyholders." continued Anderson.
This is one of three strategic acquisitions for Field Pros Direct in the past year, including the acquisition of 25-year-old TPA company, Bridgewater Group, LLC and AI Inspection.
ABOUT FIELD PROS DIRECT:
Field Pros Direct helps Insurance Carriers, Adjusters and Service providers innovate their claims process, simply. A combination of our proprietary technology and dedication to customer service has established a new standard for claims. Our platform helps carriers eliminate unnecessary fines and efficiencies, while creating a community of dedicated adjusters and service providers to provide the best experience possible. For more information about Field Pros Direct, visit www.fieldprosdirect.com
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SOURCE Field Pros Direct
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https://www.wibw.com/prnewswire/2022/05/18/field-pros-direct-acquires-dineley-claims-services-expanding-claim-offerings-northeast/
| 2022-05-18T14:08:56Z
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Combining Companies' Proprietary Technology Will Attract More Independent Insurance Agents
OMAHA, Neb., Sept. 1, 2022 /PRNewswire/ -- Senior Market Sales® (SMS), one of the industry's premier insurance marketing organizations, has acquired CareValue, a rapidly growing national field marketing organization (FMO) based in Canandaigua, New York, and specializing in senior life and health insurance.
SMS President Jim Summers said CareValue's technology platform, its success as a market leader serving independent insurance agents, and its impressive growth attracted SMS as it continues to grow through strategic acquisitions since being acquired by Alliant Insurance Services in 2020. CareValue ranked No. 69 on Inc. Magazine's list of the fastest-growing private companies in the New York City metro region in 2021.
"CareValue's technology stack when combined with SMS' proprietary technology will give SMS-contracted agents a major advantage in today's marketplace," Summers said.
CareValue has invested heavily in the development of proprietary technology for agents. For example, the company provides the only FMO-offered State Pharmaceutical Assistance Program (SPAP) solution in the marketplace that allows agents in certain states to help their clients apply for assistance in paying their prescription drugs and/or Part D premiums digitally instead of by the more cumbersome methods of fax or mail. This digital enrollment process triggers a special election period (SEP) for Medicare eligible, enabling them to enroll year-round.
"Formalizing this partnership with SMS through an acquisition will fuel further growth and ensure long-term success in our markets," said CareValue President Brian Doyle. "By extension of SMS, we're also excited to join the Alliant family. Together, we're bigger, better, stronger."
Doyle has been in the insurance industry since 1996. He founded CareValue in 2010, and since 2013 has partnered with SMS, leveraging SMS' industry-leading back-office support, proven marketing systems, and top health and wealth carrier product portfolio.
The decision to join SMS, Doyle said, was based on Alliant's and SMS' ability to provide additional infrastructure and support that will help CareValue springboard into new territory and ensure long-term growth, as well as focus even more on agents to provide operational and customer service excellence. Specifically, CareValue was attracted to Alliant, which opens commercial and group insurance markets to CareValue's agents. Alliant, one of the largest insurance brokers in the United States, recently was honored as a winner in the 2022 Fast Brokerage Listing with 9,000 employees, $3 billion in revenue, and more than $26 billion in premiums.
Doyle said CareValue also was attracted to SMS for its new revolutionary Client Stream® Lead Exchange lead-generation platform, its history of successful acquisitions and its integrity — acting as it promises and passionately serving agents and their clients.
Summers said that the two companies' alignment of values was critical to the partnership, just as it has been to all of SMS' acquisitions.
"In today's hyper-competitive acquisition environment, SMS continues to stand out for our commitment to the agent and their client," Summers said. "We look forward to growing even more by staying focused on our values and partnering with companies who share those values."
Senior Market Sales® (SMS) represents top Medicare Supplement, Medicare Advantage, annuity, life, long-term care, and travel insurance carriers in all 50 states. More than 70,000 independent insurance agents rely on SMS for proprietary technology, competitive insurance products, and expert training and service to help them leverage their time, make more money, and put their business in a position of distinction. Founded in 1982, SMS is headquartered in Omaha, Nebraska. In 2020, SMS joined the Alliant Insurance Services family of companies. Visit www.SeniorMarketSales.com or call 1.800.786.5566 for more information.
CareValue is a leader in innovative Medicare shopping and enrollment solutions. CareValue offers a suite of technology solutions to support independent agents, agencies, National Marketing Organizations (NMO), and Field Marketing Organizations (FMO). CareValue is actively engaging in contractual agreements in the Senior Insurance Market. Licensed insurance agents interested in getting their own free MedicareValue website are encouraged to call 1.855.888.8326 or visit us at CareValue.com/Get-Contracted.
Alliant Insurance Services is one of the nation's leading distributors of diversified insurance products and services. Alliant operates through a network of specialized national platforms and local offices to offer clients a comprehensive portfolio of solutions built on innovative thinking and personal service. The business of managing risk is getting more complex, and Alliant is meeting this complexity head-on, not with more layers of management, but with more creativity and agility. Alliant is changing the way clients approach risk management and benefits, so they can capitalize on new opportunities to grow and protect their organizations. For more information, visit alliant.com.
Contact: Dan Trumblee
Assistant Vice President
Divisional Director, Communications & Creative Services, Senior Market Sales® 402.343.3689
Dtrumblee@SeniorMarketSales.com
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SOURCE Senior Market Sales
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https://www.wibw.com/prnewswire/2022/09/01/senior-market-sales-acquires-new-york-based-field-marketing-organization-carevalue/
| 2022-09-01T12:12:07Z
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Beijing has urged candidates vying to be Britain's next Prime Minister to refrain from "hyping up the so-called 'China threat,'" as foreign relations with the Asian economic giant emerge as a key issue in the closely-fought leadership race.
Both former finance minister Rishi Sunak and his rival, Foreign Secretary Liz Truss, have talked tough as they challenge for the top role, framing the United Kingdom as needing to defend its values against China's influence -- and Beijing has taken notice.
"I want to make it clear to certain British politicians that making irresponsible remarks about China, including hyping up the so-called 'China threat,' cannot solve one's own problems," Foreign Ministry Spokesperson Zhao Lijian said Monday, when asked in a regular news briefing about comments made by Sunak.
Sunak claimed in a statement that day that China and its ruling Communist Party represented the "largest threat to Britain and the world's security and prosperity this century."
He vowed to "face down China" if elected, including by shuttering Beijing-funded Confucius Institutes in the UK. In 2020, the network was designated as a foreign mission by the United States, which said it was a means for China to exert influence on campuses. Institute operators denied those allegations, saying they focus on Chinese language and culture.
Sunak also said he would build a "NATO-style" alliance of "free nations" to tackle Chinese cyber-threats -- a project that would require buy-in from other countries who may be wary of such a direct approach.
However, the UK has found itself in increasing alignment with the US on China -- earlier this month, the heads of the FBI and the UK's MI5 security service said in a joint address that the Chinese Communist Party presents their "most game-changing challenge."
Truss, who has been seen in the Conservative Party as a China hawk, has sought to peg Sunak's China stance as a reversal, pointing on Monday to a "desire for closer economic relations with China" from the Treasury, when it was run by Sunak. Last year, speaking as chancellor, Sunak called for a "mature and balanced relationship" with Beijing.
In the first head-to-head debate between the two on Monday, Truss said the UK should limit technology exports to "authoritarian regimes." She also said it should crack down on companies like social media platform TikTok, owned by Chinese media giant Bytedance, when asked if she would take action specifically against the platform, as some members of Parliament have called for.
"I don't think it's inevitable that China will be the biggest economy in the world. In fact, we've been enabling that to happen," Truss said at the debate, which was hosted by BBC News.
Both contenders are seeking to burnish their credentials among their fellow Conservative Party members, who will choose between them in a vote running from next month to early September.
It remains unclear how the ultimate winner would translate rhetoric to China policy and trade relations after a winner emerges on September 5.
Beijing watching
Chinese Foreign Ministry Spokesperson Zhao's comments on Monday were not the only sign that Beijing is watching the election, the outcome of which has the potential to further harden the British line on China.
That relationship has been strained in recent years due to British concerns over Beijing's crackdown on civil society in Hong Kong, alleged major human rights violations in China's northwestern region of Xinjiang, and the perceived national security threat of Chinese-funded domestic infrastructure. China and its companies have denied such a threat exists and warned Western nations that comments on its rights record are tantamount to interference its in internal affairs.
This has amplified a hard line on China within the Conservative Party and ended what was characterized by previous Conservative governments as a "golden" age in China-UK rapport -- but Johnson had still sought to keep economic ties open.
An article on the election in China's state-run nationalist tabloid Global Times on Tuesday cited Chinese analysts to warn that Britain would "definitely suffer more" if it "further worsens" its relations with China and "affects the bilateral trade relationship."
The article said "politicians can say whatever they want to get votes" during the election, "but they should also remember what their priorities are after being elected and what will happen if they really deliver on their promises."
When asked in Monday's debate if they were prepared to damage those trade relations -- China was the UK's single largest importer and its sixth largest export partner last year -- both candidates gave few tangible details but framed their answers in terms of values.
Truss said European nations had to learn from the "mistakes" they made in becoming too reliant on Russian oil and gas prior to Moscow's invasion of Ukraine.
"We cannot allow that to happen with China. Freedom is a price worth paying," she said.
Sunak pointed to legislation he had supported to enable the government to block investment from countries and companies deemed inconsistent with British values and interests or to be trying to "infiltrate" its organizations.
"As Prime Minister, I'll take a very robust view on making sure that we do stand up for our values and we protect ourselves against those threats," he said.
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https://www.albanyherald.com/news/beijing-hits-back-as-uk-leadership-contenders-sharpen-china-rhetoric/article_8ffd3672-0fa9-5bc7-b7f2-1cb5016ff588.html
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Respected Chinese university and SFBU to collaborate on education, academic research, language training, academic conferences, and scientific research
FREMONT, Calif., June 20, 2022 /PRNewswire/ -- A memorandum of understanding has been signed between Nanchang Institute of Technology (NIT) and San Francisco Bay University (SFBU) to promote cooperation in the areas of education, academic research, personnel training, and other fields.
Both universities agreed to establish a cooperative relationship and work together to provide better educational opportunities for students. This agreement is an exciting development for both schools and will help promote international academic exchange between China and the United States.
Areas of cooperation include:
- Development of language training and academic programs;
- Academic exchanges allowing NIT students to study further at SFBU;
- Mutual visits and academic exchanges between professors of both institutions;
- Collaboration of professors in scientific research, conferences, seminars, and symposiums;
- Joint teaching and research programs within the scope of bilateral and international cooperative projects;
- Exchange student programs, internships, and communication projects;
- Joint training of bilateral educational management and administration staff;
- Exchange of literature in the field of scientific research;
- Cooperation in the publication of articles in scientific journals, publication of monographs, presentations at conferences and other venues.
SFBU Executive Vice President Paul Choi said regarding the agreement, "Nanchang Institute of Technology is a respected university and we're pleased that they feel the same about SFBU. We look forward to a long and successful relationship with NIT, sharing scientific learning materials, expertise, and academic knowledge."
Please contact pr@sfbu.edu for additional information.
SFBU is a premier WASC/WSCUC-accredited, nonprofit university located in the San Francisco Bay Area/Silicon Valley. SFBU offers degree programs in computer science, engineering, technology, and management. Learn more at www.SFBU.edu.
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SOURCE San Francisco Bay University
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https://www.wibw.com/prnewswire/2022/06/20/nanchang-institute-technology-san-francisco-bay-university-sign-cooperation-agreement/
| 2022-06-20T14:40:33Z
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WASHINGTON, July 22, 2022 /PRNewswire/ -- The Clark Construction team delivering 1515 North Capitol reached a significant milestone with the completion of structural concrete on the affordable housing development in Washington, DC.
Once complete, the 139-unit high-rise will provide affordable housing for individuals committed to reestablishing themselves through programming offered by the building owner and Clark's long-time community partner, So Others Might Eat (SOME).
Built for adults who have been experiencing poverty or homelessness, the 14-story residential building will include a classroom, library, intake areas, fitness amenities, and efficiency-style units that will be fully furnished with a refrigerator, microwave, sink, and oven. The new development is located a block from SOME's headquarters on O Street NW, making it easy for tenants to access additional services and programming.
Affordable housing plays a central role in SOME's mission to break the cycle of poverty and homelessness in Washington, DC. The high-rise at 1515 North Capitol is the latest and largest of more than 20 properties where SOME provides a place for adults and families to find stability.
"SOME is deeply committed to expanding affordable housing throughout DC and we are thrilled to have partnered with our friends at Clark Construction on this exciting project," said Ralph Boyd, president and chief executive officer at SOME. "The topping out event marks an important milestone for our city and brings us all one step closer to addressing the persistent affordable housing crisis in our region."
"Through dollar and deed, Clark has been working alongside SOME to further its mission to end homelessness and poverty in the DC region for nearly 25 years," said Andrew Fischer, the senior superintendent for Clark Construction overseeing construction on the project. "We're humbled by the opportunity to work on such a significant project for SOME and the community."
The project broke ground in October 2021. Since February 2022 the team has poured over 4,500 cubic yards of concrete to shape the affordable housing development. With structural concrete complete, the team is focused on the facade activities and interior finishes.
"Through dollar and deed, Clark has been working alongside SOME to further its mission to end homelessness and poverty in the DC region for nearly 25 years," said Fischer. "We're humbled by the opportunity to work on such a significant project for SOME and the community."
The project is slated for completion in October 2023.
For more than a century, Clark Construction Group has been transforming the ideas and visions of its clients into world-class projects that make the United States a stronger, safer place. As one of the nation's largest asset creators, Clark has offices strategically located across the country to serve the needs of its clients. For more information, visit www.clarkconstruction.com.
Media Contact:
Carly Thayer
carly.thayer@allisonpr.com
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SOURCE Clark Construction Group
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https://www.mysuncoast.com/prnewswire/2022/07/22/clark-tops-out-somes-latest-affordable-housing-community/
| 2022-07-22T15:59:39Z
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NEW YORK, Sept. 2, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for XOM, MSFT, NVDA, CPB, and GME.
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InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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https://www.kxii.com/prnewswire/2022/09/02/thinking-about-trading-options-or-stock-exxon-mobil-microsoft-nvidia-campbell-soup-or-gamestop/
| 2022-09-02T14:30:41Z
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--Transaction Represents Convergix's Third Acquisition in Plan to Build a Market Leading Automation Solutions Provider Targeting a $500 Billion+ Global Market--
DETROIT and ARBROATH, Scotland, Aug. 31, 2022 /PRNewswire/ -- Convergix Automation Solutions ("Convergix"), an automation solutions company backed by leading private equity firm Crestview Partners ("Crestview"), has completed the acquisition of AGR Automation ("AGR"), a UK-based provider of custom, high-performance automation design and systems integration primarily to the life sciences industry. Following Convergix's acquisitions of JMP Solutions in August 2021 and Classic Design in February 2022, AGR marks the third investment in Crestview's strategy to build Convergix into a diversified automation solutions provider targeting the global $500+ billion market, with a particular focus on the $70 billion global systems integration and connectivity segments. Financial terms of the transaction were not disclosed.
Founded in 1970, AGR is a leading designer, developer, and integrator of innovative and high-value automated systems to multinational customers across a variety of sectors, including life sciences and consumer goods. With end-to-end systems integration capabilities and a focus on precision applications, AGR's approximately 130 employees work across three locations in Scotland, England, and Northern Ireland. AGR's Managing Director Derek Gaston will remain in an advisory role, and its senior managers will continue in their current leadership roles.
"The acquisition of AGR and its subsidiary company Aylesbury Automation accelerates Convergix's planned global expansion and marks our first foray into Europe," said Mike DuBose, Executive Chairman of Convergix. "AGR brings market-leading technical capabilities and exposure to strategic end markets such as life sciences and consumer goods, while expanding Convergix's capacity for growth. We are excited to partner with the AGR team to continue building a world-class provider of custom automation solutions to global customers. AGR's focus on engineering quality and commitment to customer satisfaction are well aligned with Convergix's culture and strategy. We look forward to leveraging our existing operations across North America and India to create more opportunities for AGR to deliver exceptional customer solutions."
Derek Gaston noted, "I am honored to have been part of building an innovative and high-quality provider of automated systems, which would not have been possible without the hard work and commitment of our exceptional team members and the loyalty of our customers. The AGR team is excited to join Convergix and to leverage its operational expertise to accelerate AGR's growth and enhance our ability to serve our valued customers."
About Crestview Partners
Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and backgrounds in private equity, finance, operations and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: industrials, media and financial services. For more information, please visit www.crestview.com.
About Convergix Automation Solutions
Convergix Automation Solutions elevates the automation industry through comprehensive products, technology and services that improve productivity and maximize talent. By closing gaps in automation and through earned trust, Convergix leverages creative and solutions-oriented engineering and technology to allow its customers to reach their complete potential to develop, create and drive industries forward. For more information, please visit www.convergixautomation.com.
About AGR Automation
Founded in 1970, AGR is a leading automation integrator with extensive expertise in vibratory and centrifugal technologies, vision recognition, and robotics. Headquartered in Arbroath, Scotland with three locations across the U.K. and a strong commitment to innovation, AGR is an established partner capable of delivering highly specialized solutions across diverse systems and applications. For more information, please visit www.agr-automation.com.
Crestview Contact:
Jeffrey Taufield or Daniel Yunger
Kekst CNC
jeffrey.taufield@kekstcnc.com / daniel.yunger@kekstcnc.com
(212) 521-4800
Convergix Contact:
Vanessa Stiles, APR
dgs Marketing Engineers
stiles@dgsmarketing.com
(317) 696-7102
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SOURCE Crestview Partners; Convergix Automation Solutions; AGR Automation
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https://www.wibw.com/prnewswire/2022/08/31/crestview-backed-convergix-automation-solutions-acquires-agr-automation/
| 2022-08-31T14:57:30Z
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TORONTO, Aug. 10, 2022 /PRNewswire/ - Russel Metals Inc. (TSX: RUS) announces financial results for three months ended June 30, 2022.
Record Revenues of $1,362 Million and EBITDA1 of $189 Million
Strong Capital Structure with Liquidity1 of $472 Million
Initiating a Normal Course Issuer Bid
Non-GAAP Measures and Ratios
We use a number of measures that are not prescribed by International Financial Reporting Standards ("IFRS" or "GAAP") and as such may not be comparable to similar measures presented by other companies. We believe these measures are commonly employed to measure performance in our industry and are used by analysts, investors, lenders and other interested parties to evaluate financial performance and our ability to incur and service debt to support our business activities. These non-GAAP measures include EBITDA and Liquidity and are defined below. Refer to Non-GAAP Measures and Ratios on page 2 of our Management Discussion and Analysis.
EBIT - represents net earnings before interest and income taxes.
EBITDA - represents net earnings before interest, income taxes, depreciation and amortization.
Liquidity - represents cash on hand less bank indebtedness plus excess availability under our bank credit facility.
The following table shows the reconciliation of net earnings in accordance with GAAP to EBITDA for 2022 and 2021:
Our basic earnings per share of $1.96 for the quarter ended June 30, 2022, was higher than the $1.88 per share recorded in the second quarter of 2021 and the $1.56 recorded in the 2022 first quarter. For the six months ended June 30, 2022, our basic earnings per share of $3.53 compared to $3.18 for the same period in 2021. Revenues of $1.4 billion were higher than the $1.1 billion experienced in second quarter of 2021. Our gross margins of 25.3% compared to 30.7% in the same quarter of 2021 and 21.7% in the 2022 first quarter. Our EBITDA for the quarter was $189 million compared to EBITDA of $178 million in the same quarter of 2021 and $153 million in the first quarter of 2022. EBITDA in the second quarter of 2022 benefited by $4 million related to the non-cash mark-to-market on our stock-based compensation compared to an EBITDA reduction of $8 million in the 2021 second quarter and $nil in the 2022 first quarter.
Summary Operating Results
In the 2022 second quarter, each of our business segments contributed to our record quarterly revenues and strong margins. Our metals service centers segment reported higher revenues and margins in the 2022 second quarter versus the 2022 first quarter due to higher average steel prices, consistent demand and the benefits from our value-added processing initiatives. Metals service centers realized an increase in selling price per ton of 31% compared to the 2021 second quarter and 6% compared to the 2022 first quarter. Tons shipped in metals service centers were consistent with the same period in 2021 and the 2022 first quarter. In our energy products segment, our revenues and margins increased in the 2022 second quarter versus the 2022 first quarter and the 2021 second quarter due to a continuation of the favourable trend in sector business activity. Our steel distributors segment benefited from continued high margins due to the favourable market conditions.
Market Conditions
Steel market conditions rebounded late in the 2022 first quarter and remained favourable for most of the 2022 second quarter, albeit with price declines on certain products in the later part of the quarter. In addition, some of the supply chain issues that were experienced over the past several quarters have improved. The energy sector experienced improved demand with higher rig counts due to high oil and natural gas prices and the relatively mild spring break up in Canada, which led to improved operating conditions in what is typically a seasonally slow second quarter. At June 30, 2022, the Canadian rig counts were 154 compared to 126 in the 2021 second quarter and the U.S. rig counts were 753 compared to 470 at June 30, 2021.
Liquidity and Capital Structure
During the 2022 second quarter, we generated $69 million of cash from operating activities and ended the quarter with total available liquidity of $472 million.
Subject to approval from the Toronto Stock Exchange, we intend to initiate a normal course issuer bid to purchase for cancellation up to approximately 3.2 million of our common shares, representing 5% of our issued and outstanding shares, over the next 12 months.
On June 20, 2022, Moody's Investors Service upgraded our corporate credit rating from Ba2 to Ba1.
Declaration of Quarterly Dividends
The Board of Directors approved a quarterly dividend of $0.38 per common share payable September 15, 2022, to shareholders of record as of August 29, 2022. We will continue our practice of prudently reviewing our dividend and ensure that it is supported by a strong balance sheet and cash flows.
Outlook
Over the past several months, steel prices have moderated but demand remains steady across most of our operating regions. We expected steel prices to continue to exhibit volatility over the near term, particularly as industry-wide inventory levels adjust to more historical levels. As a result of the lag effect that steel price declines have on the cost of goods sold in our metals service centers and steel distributors segments, we expect the recent steel price moderations to reduce our near-term gross margins from the high levels that were generated in the second quarter of 2022. In our energy segment, we expect a continuation of the improving trend in operating conditions through the balance of 2022.
Investor Conference Call
The Company will be holding an Investor Conference Call on Thursday, August 11, 2022, at 9:00 a.m. ET to review its 2022 second quarter results. The dial-in telephone numbers for the call are 416-764-8688 (Toronto and International callers) and 1-888-390-0546 (U.S. and Canada). Please dial in 10 minutes prior to the call to ensure that you get a line.
A replay of the call will be available at 416-764-8677 (Toronto and International callers) and 1-888-390-0541 (U.S. and Canada) until midnight, Thursday, August 25, 2022. You will be required to enter pass code 673428# to access the call.
Additional supplemental financial information is available in our investor conference call package located on our website at www.russelmetals.com.
About Russel Metals Inc.
Russel Metals is one of the largest metals distribution companies in North America. It carries on business in three segments: metals service centers, energy products and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals. Its energy products operations carry a specialized product line focused on the needs of energy industry customers. Its steel distributors operations act as master distributors selling steel in large volumes to other steel service centers and large equipment manufacturers mainly on an "as is" basis.
Cautionary Statement on Forward-Looking Information
Certain statements contained in this press release constitute forward-looking statements or information within the meaning of applicable securities laws, including statements as to our future capital expenditures, our outlook, the availability of future financing and our ability to pay dividends. Forward-looking statements relate to future events or our future performance. All statements, other than statements of historical fact, are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe" and similar expressions. Forward-looking statements are necessarily based on estimates and assumptions that, while considered reasonable by us, inherently involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements, including the factors described below.
We are subject to a number of risks and uncertainties which could have a material adverse effect on our future profitability and financial position, including the risks and uncertainties listed below, which are important factors in our business and the metals distribution industry. Such risks and uncertainties include, but are not limited to: the volatility in metal prices; volatility in oil and natural gas prices; cyclicality of the metals industry; capital budgets in the energy industry; pandemics and epidemics; climate change; product claims; significant competition; sources of metals supply; manufacturers selling directly; material substitution; credit risk; currency exchange risk; restrictive debt covenants; asset impairments; the unexpected loss of key individuals; decentralized operating structure; future acquisitions; the failure of our key computer-based systems, labour interruptions; laws and governmental regulations; litigious environment; environmental liabilities; carbon emissions; health and safety laws and regulations; and common share risks.
While we believe that the expectations reflected in our forward-looking statements are reasonable, no assurance can be given that these expectations will prove to be correct, and our forward-looking statements included in this press release should not be unduly relied upon. These statements speak only as of the date of this press release and, except as required by law, we do not assume any obligation to update our forward-looking statements. Our actual results could differ materially from those anticipated in our forward-looking statements including as a result of the risk factors described above and under the heading "Risk" in our MD&A and under the heading "Risk Management and Risks Affecting Our Business" in our most recent Annual Information Form and as otherwise disclosed in our filings with securities regulatory authorities which are available on SEDAR at www.sedar.com.
If you would like to unsubscribe from receiving Press Releases, you may do so by emailing info@russelmetals.com; or by calling our Investor Relations Line: 905-816-5178.
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SOURCE Russel Metals Inc.
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https://www.kxii.com/prnewswire/2022/08/10/russel-metals-announces-2022-second-quarter-results/
| 2022-08-10T22:30:43Z
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DALLAS (KDAF) — Everyone’s dream is to win the Powerball jackpot, especially when it’s worth several hundred-million dollars, however, I don’t think anyone is going to be upset by winning $1 million from the Powerball.
The Texas Lottery reports a resident just outside of Dallas has recently claimed a Powerball prize worth $1 million from the June 27 drawing. That ticket was purchased at Elam Food Mart on Elam Road in Balch Springs.
The Balch Springs local elected to remain anonymous. “The second-tier winning Quick Pick ticket matched all five of the white ball numbers drawn (11-13-18-30-37), but not the red Powerball number (16),” the lottery said.
According to the Texas Lottery, “Powerball Grand Prizes currently start at $20 million and roll until the jackpot is won. Players win the Grand Prize by matching five numbers from a field of 69 numbers and one Powerball number from a field of 26 numbers.”
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https://cw33.com/news/local/resident-near-dallas-claims-1-million-texas-lottery-powerball-prize/
| 2022-07-06T16:58:36Z
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- Wayne Taylor Racing duo drive the #10 Acura ARX-05 to victory for the second consecutive year at WeatherTech Raceway Laguna Seca
- Acura completes 1-2 sweep with second-place finish for #60 Meyer Shank Racing
- Fourth consecutive win at Laguna Seca for Acura in IMSA competition
MONTEREY, Calif., May 1, 2022 /PRNewswire/ -- Ricky Taylor and Filipe Albuquerque scored Acura's fourth consecutive win at WeatherTech Raceway Laguna Seca, today, leading an Acura 1-2 finish in their #10 ARX-05 prototype and recording their second straight victory at the classic California race circuit.
Starting from the pole in a front-row lockout for Acura, Taylor and co-driver Albuquerque combined to lead for 111 laps in the 117-lap race. The only time the pair lost the lead was to the Meyer Shank Racing #60 Acura ARX-05 driven by Tom Blomqvist and Oliver Jarvis. Jarvis and Blomqvist challenged their fellow Acura team throughout the day, with the #60 leading briefly following the second round of pit stops in the two-hour, 40-minute contest.
However, Albuquerque and Wayne Taylor Racing would take the lead back through an aggressive move in traffic. At the finish, Meyer Shank Racing would take the checkers just one second behind the #10 Wayne Taylor machine, giving Acura their second 1-2 finish of the year—the first being January's triumph at the Rolex 24 at Daytona, where Meyer Shank Racing led the Wayne Taylor Acura to the winning sweep.
After four of 10 races, the two Acura teams are tied for the lead in the 2022 IMSA WeatherTech SportsCar Championship points standings.
Acura NSX GT3 Evo22
In the production-based GTD class, the #51 Rick Ware Racing Acura NSX GT3 Evo22 driven by Aidan Read and Ryan Eversley, despite showing speed all weekend and making great strides at Laguna Seca, were thwarted by an improper pass-around during a caution period. The resulting penalty left them sitting on pit lane for several minutes as the field circulated. The team used the opportunity to make up for the very limited test time they had and made adjustments on the car to better prepare for the remainder of the season. The duo were ultimately classified 12th.
Monterey Sports Car Championship Acura Race Results
- 1st overall - #10 Ricky Taylor and Filipe Albuquerque, Wayne Taylor Racing Acura ARX-05 DPi
- 2nd overall - #60 Tom Blomqvist and Oliver Jarvis, Meyer Shank Racing Acura ARX-05 DPi
- 12th GTD - #51 Aidan Read and Ryan Eversely, Rick Ware Racing Acura NSX GT3 Evo22
Quotes
Ricky Taylor (#10 Wayne Taylor Racing ARX-05) Race winner: "A great day for Acura, first of all. It's their second one-two finish of the season and their fourth straight win at Laguna Seca. We knew it would be a strong one for us and we knew that having Acura finish one-two and maximize the points was the goal. It's nice that we had the Konica Minolta Acura leading the charge. I can't say enough about the team executing. All we needed to do this weekend was execute and do what we knew the car was capable of. To come away with maximum points and really close the gap in the championship was good."
Filipe Albuquerque (#10 Wayne Taylor Racing Acura ARX-05) Race winner: "I'm happy and relieved at the same time. We came to Laguna with a sense of duty. This is our best race track and it suits our car the best. We needed maximum points. It's always easy to say, but knowing that we have that responsibility, doing it is a different thing. There was a weight of a lot of pressure on top of us. I was just happy that Ricky did an amazing job in qualifying, securing pole by eight one-hundredths of a second. Taking off, it seemed like we were in control, but whenever I was pulling away, traffic was pushing me back. I was frustrated for a good portion of the race. When I was P2, I was really mad. I couldn't believe it. I'm happy that I found a little gap to put the car through and get the position back. Again, I was managing the race with the following car in my mirrors, but he never had a move to make on me. I'm glad those laps are over, but the car was great and the team did an amazing job."
Oliver Jarvis (#60 Meyer Shank Racing Acura ARX-05) Finished second: "It's been a really strong weekend. The team did a fantastic job and we made a lot of progress with the car. But, you know, when you take the lead in the race like that, and then to come away short, I can't help to feel a little bit disappointed. But Tom [Blomqvist, co-driver] was racing hard and did a fantastic job. The team has been superb all weekend and this is great for the points. I think we're in the lead of the championship or joint lead with the #10. A long way to go still, but you know if we can keep progressing I think we got a good chance the rest of the season."
David Salters (President and Technical Director, Honda Performance Development) on today's 1-2 finish for Acura at WeatherTech Raceway Laguna Seca: "Just a fantastic day! Congratulations to both of our Acura DPi teams. They certainly showed some 'Precision Crafted Performance', in true Acura style. Laguna Seca is a very special race track, so it's extremely rewarding to see our cars do well here. The Rick Ware Racing team made great progress with the Acura NSX this weekend, we appreciate their massive efforts. We can't wait to see what they are able to do at Mid-Ohio. Well done to everyone at Acura and HPD for working hard, it's great to see the fruit of their hard work in victory lane."
Fast Facts
- Acura Motorsports and HPD have a long, successful history at WeatherTech Raceway Laguna Seca, and now has recording 19 victories – more than at any other racing circuit – in Camel Lights, LMP1, LMP2, Prototype, GTD and DPi competition from 1992-2022.
- Acura's victory today is the fourth consecutive DPi win for the manufacturer, and the second in a row for Wayne Taylor Racing's Filipe Albuquerque and Ricky Taylor at this legendary road course.
- 2020 Helio and Ricky Taylor led a 1-2 sweep in DPi, with teammates Dane Cameron and Juan Pablo Montoya finishing second in their Acura ARX-05 prototype. In 2019, Cameron and Montoya claimed victory at Laguna Seca.
Next
Having completed its annual west coast swing with the Acura Grand Prix of Long Beach and Laguna Seca, the IMSA WeatherTech SportsCar Championship now heads back to America's heartland, resuming May 13-15 at the Mid-Ohio Sports Car Course.
Acura Motorsports social media content and video links from the WeatherTech Raceway Laguna Seca can be found on Instagram (www.instagram.com/hondaracing_hpd), Twitter (twitter.com/HondaRacing_HPD) and Facebook (www.facebook.com/HondaRacingHPD). Additional features and long-form videos can be found on the Honda Racing/HPD YouTube channel (https://www.youtube.com/HondaRacingHPDTV).
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https://www.mysuncoast.com/prnewswire/2022/05/02/acura-dominates-with-1-2-finish-laguna-seca/
| 2022-05-02T08:19:37Z
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Britain enveloped in mourning for a queen revered worldwide
LONDON (AP) — Britain’s new king prepared to meet with the prime minister Friday and address a nation mourning Queen Elizabeth II, the only British monarch most of the world had known and a force of stability in a volatile age.
The country began a 10-day mourning period Friday, with bells tolling around Britain and 96 gun salutes planned in London – one for each year of the queen’s long life. People around the globe gathered at British embassies to pay homage to the queen, who died Thursday in Balmoral Castle in Scotland.
King Charles III, who spent much of his 73 years preparing for the role, takes the throne in an era of uncertainty for both his country and the monarchy itself.
On his first full day of duties Friday, he is expected to return to London, meet Prime Minister Liz Truss, appointed just days earlier, and deliver a speech to the nation at a time when many Britons are preoccupied with an energy crisis, the soaring cost of living, the war in Ukraine and the fallout from Brexit.
Elizabeth was Britain’s longest-reigning monarch and a symbol of constancy in a turbulent era that saw the decline of the British empire and disarray in her own family. Members of the royal family had rushed to her side at the family’s summer residence in Balmoral after her health took a turn for the worse.
The lengthy mourning period begins Friday with a public remembrance service at St. Paul’s Cathedral in London, with Truss and senior ministers expected to attend. Charles, who became the monarch immediately upon his mother’s death, will then be formally proclaimed king at a special ceremony Saturday.
After a vigil in Edinburgh, the queen’s coffin will be brought to London, and she will lie in state for several days before her funeral in Westminster Abbey.
As the second Elizabethan Age came to a close Thursday, the BBC played the national anthem, “God Save the Queen,” over a portrait of the monarch in full regalia as her death was announced. The flag over Buckingham Palace was lowered to half-staff. And in the one of first of many shifts to come, the anthem played Friday was “God Save the King.”
The impact of Elizabeth’s loss will be huge and unpredictable for Britain. She helped stabilize and modernize the monarchy across decades of enormous social change, but its relevance in the 21st century has often been called into question.
The public’s abiding affection for the queen had helped sustain support for the monarchy during the family scandals, but Charles is nowhere near as popular.
Charles called his mother’s death “a moment of the greatest sadness for me and all members of my family,” adding: “I know her loss will be deeply felt throughout the country, the Realms and the Commonwealth, and by countless people around the world.”
The changing of the guard comes at a fraught moment for Britain — and just after a brand-new prime minister took the reigns.
Truss, appointed by the queen just 48 hours earlier, called Elizabeth “the rock on which modern Britain was built.”
British subjects outside Buckingham Palace wept when officials carried a notice confirming the queen’s death to the wrought-iron gates of the queen’s London home. Hundreds gathered in the rain, and mourners laid heaps of colorful bouquets at the gates.
“As a young person, this is a really huge moment,” said Romy McCarthy, 20. “It marks the end of an era, particularly as a woman. We had a woman who was in power as someone to look up to.”
World leaders extended condolences and paid tribute to the queen.
In Canada, where the British monarch is the country’s head of state, Prime Minister Justin Trudeau’s eyes were red with emotion as he saluted her “wisdom, compassion and warmth.” In India, once the “jewel in the crown” of the British empire, Prime Minister Narendra Modi tweeted: “She personified dignity and decency in public life. Pained by her demise.”
U.S. President Joe Biden called her a “stateswoman of unmatched dignity and constancy who deepened the bedrock alliance between the United Kingdom and the United States.”
Since Feb. 6, 1952, Elizabeth had reigned over a Britain that rebuilt from a destructive and financially exhausting war and lost its empire; joined the European Union and then left it; and made the painful transition into the 21st century.
She endured through 15 prime ministers, from Winston Churchill to Truss, becoming an institution and an icon — a reassuring presence even for those who ignored or loathed the monarchy.
She became less visible in her final years as age and frailty curtailed many public appearances. But she remained at the center of national life as Britain celebrated her Platinum Jubilee with days of parties and pageants in June.
On Tuesday, she presided at a ceremony at Balmoral Castle to accept the resignation of Boris Johnson as prime minister and appoint Truss as his successor.
___
Follow AP coverage of Queen Elizabeth II at https://apnews.com/hub/queen-elizabeth-ii
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/09/09/britain-enveloped-mourning-queen-revered-worldwide/
| 2022-09-09T08:23:55Z
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AUSTIN, Texas, Aug. 4, 2022 /PRNewswire/ -- Long View Equity (the "Company") announced the acquisition of a 2.7 acre commercial parcel in Norman, Oklahoma that will be developed for the Company's tenant, Shearer Supply. Shearer Supply, the nation's largest American Standard AC distributor, had previously been unable to find a suitable industrial space in the low-inventory Norman submarket. Long View Equity will provide development services for the project. The design team includes local firms AC Owen, Lorg Architecture, and Kimley-Horn.
The commercial development will contain 40,000 square feet of modern industrial space, half of which will be leased to Shearer Supply. The remaining 20,000 square feet is available for lease and has seen strong interest to-date. The development will break ground in August 2022 with a Q3 2023 delivery.
Long View Equity is actively pursuing acquisition opportunities across office, industrial, and retail asset classes in major Texas markets. Daniel Campbell, Managing Director at Long View Equity, commented, "We are proud to partner with Shearer Supply on this development. Shearer has been a top-notch family-owned business since 1981. We look forward to partnering with them for years to come as they continue to expand their footprint in the U.S."
Long View Equity, LLC, founded in 2010, is an Austin, Texas based investment management company that oversees investment decisions and operations of real estate investment funds and other syndicated investment vehicles. Long View Equity's core purpose is to create long-term value for its 100+ investors by making well-thought-out investment decisions, exercising diligence in management, and continually seeking out opportunities to create value. The Company pursues strategies involving the direct acquisition of core-plus and value-added investments and has a proven 10+ year track record of operating over 50 office, retail, or industrial real estate properties located primarily in metropolitan markets in Texas.
For more information about Long View Equity, please visit: www.longviewequity.com
Contact:
Long View Equity
Nathaniel Physioc
(804) 210-6802
nphysioc@longviewequity.com
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https://www.wibw.com/prnewswire/2022/08/04/long-view-equity-develop-shearer-supply-industrial-project/
| 2022-08-04T17:49:56Z
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When I left a Covid-ravaged Hong Kong, I was in search of a sanctuary.
It was early March and the city was in the throes of the biggest coronavirus outbreak per capita in the world.
Little could I have known as I boarded the plane that my cunning escape plan would take me from the frying pan into the fire; that as I landed in Shanghai I would be swapping the world's biggest outbreak for the "world's strictest lockdown" -- and 70 days of enforced confinement.
Still less could I have foreseen that, after serving three weeks of government-mandated quarantine on arrival, my housing compound would be hermetically sealed for a further 49 days straight, or that my mom and I would catch Covid, or that I would be carted off for a further spell of isolation at one of the government's notorious "fangcang" camps.
And if you'd told me then that it would be under the glaring strip lights of one of those "fangcang" camps, amid the whiff of dubious makeshift toilets and the dirty laundry of thousands of strangers, that I would have an epiphany about the joys of communal living and the mental health benefits of enforced breaks, well ... then I probably wouldn't have believed you.
But let me back up and explain.
At the time I boarded the plane, the siren song of Shanghai -- my hometown -- seemed hard to resist.
In Hong Kong, Omicron was running amok, but in Shanghai cases were still in the single digits and with China's iron-fisted approach to infections it seemed reasonable to think things would stay that way.
That was my first mistake.
Keep calm and quarantine
During my three-week quarantine on arrival, I watched in horror as the cases exploded.
And the longer I stayed inside, the higher the cases climbed.
By the time I was finally allowed out, I had one fleeting day of freedom then was forced back inside for a lockdown that would supposedly last just four days.
Nothing to worry about, I thought.
That was my second mistake.
In fact, the residential compound where I was staying with my parents was about to be sealed off for the best part of two months as the virus worked its way through its 21 stories and 300 inhabitants.
Covid could seemingly pass between the floors and walls and the realization even the strongest measures couldn't stop it was terrifying and shocking. Each time a single person tested positive, the lockdown was extended another 14 days.
Many of us responded by becoming model Chinese citizens, volunteering to disinfect the estate and help distribute food and essential goods -- all of which had to be delivered -- directly to people's doors.
And the volunteers sanitized with a vengeance, lugging around 30-kilogram (66-pound) tubs of chemicals and donning full hazmat suits to douse in disinfectant every incoming package, every nook and cranny.
By the time they had finished, the building was so awash with chemicals that some of my neighbors' touchscreen electronic door locks had corroded and stopped working.
This might have helped ease people's nerves, but there's little evidence it did anything to stop the virus spreading.
Twenty-four days into the lockdown, my mom --- who like my dad and I had not set foot outside the apartment except for a mandatory test -- saw the dreaded double line in her daily self-administered antigen test.
I waved goodbye to mom as the government workers hauled her off to one of the 288 schools that had been converted into isolation sites. The next day, I found I too had been infected.
Welcome to the jungle
Any hopes of seeing mom again were soon dashed as people were randomly assigned to different sites. I was bused to the National Exhibition and Conference Center, Shanghai's largest quarantine facility -- nicknamed the "lucky clover" due to its shape.
Once host to the world's biggest auto show, it was converted into a makeshift Covid hospital with 50,000 beds, one of many public venues to have been repurposed into what Chinese refer to as "fangcang".
Fangcang date back to the original Covid outbreak in Wuhan and are widely viewed by Chinese as a success story.
Somehow though, my arrival felt less than auspicious.
The second I stepped into my designated hall -- one half of a leaf of the four-leaf "lucky clover" -- I was overwhelmed.
A sea of what looked like oversized baby cots and laundry hanging from the rafters stretched before my eyes.
"Welcome to the jungle," I thought, as hoards of strangers dressed in their pajamas hustled and bustled around me, made all the scarier by my mental state, which had deteriorated from a lack of social interaction.
A nurse assigned me a cot, the previous occupant of which had kindly left behind a large yellow bag marked "medical waste." Then I was handed a bag of my own, containing bedding, a plastic basin and a cup for washing, a toothbrush, toothpaste, towel and slippers.
It was only later that I discovered the true horror lurking behind the "lucky clover": the toilets.
Do you feel lucky?
It is hard to describe the odor that results from thousands of people depending on dozens of portable squat toilets day after day.
Let's just say that every visit to the washroom -- a shady, stinking area covered by a giant tent on the edge of the clover -- was a test of courage.
The constant booming of the plumbing system lent every visit a sinister feel. When you approached there would be long, snaking queues of people with tissue paper wrapped around their hands, all gingerly inspecting toilet cabin after cabin in doomed attempts to find one that might be hygienically acceptable.
It wasn't the cleaning staff's fault -- simply the volume of people. The toilets would soil and the tissue bins fill and overflow far sooner than the staff could get to them.
The floor was always wet, which made balancing while squatting harder -- especially as the cabin locks rarely worked, meaning one hand needed to be dedicated to fending off unwanted intruders.
Unfortunately, given the many gallons of water I was forcing down my throat in an effort to flush out the virus, I spent far more time here than I would have liked.
Then there was the problem of trying to sleep in a place where there is no darkness. Rows of ceiling lights stayed on throughout the night, so I took to wearing two face masks -- one for my mouth and nose and one for my eyes.
Others struggled with the noise; the sound of thousands of people snoring, grinding their teeth, tossing and turning and groaning and grunting in their sleep gave this the feel of a safari.
That first night, it took me hours to fall asleep, only to be woken what felt like moments later by a loudspeaker blasting "please come take the PCR test" -- at 6:00 am.
The lack of sleep was making things seem weird, but things were about to get weirder still.
Seeing the light
I was in an enormous room with 3,000 strangers, and I felt all alone. All I had was a tiny cot, a corner, a cabinet and a stool. The intense overhead lights left me feeling sterile, cold and exposed. It felt like a hospital, a bazaar and a maze all rolled into one.
That's when something deep inside me stirred: memories of the communal living experiences I'd had as a child growing up in China.
As part of the state curriculum, city kids like me had been sent to countryside camps to learn how to farm and work on assembly lines. Part of the experience was sleeping on large, undivided platforms with little privacy. The living conditions were poor, but any discomfort was outweighed by the youthful excitement of having a sleepover with classmates.
My feelings of awkwardness in the "lucky clover" fell away. What I once viewed as embarrassingly intimate now felt like a pajama party.
Most people were just minding their own business, and something not entirely unlike "normal life" was continuing. People lounged on their cots, making calls with friends and family, scrolling on their phones and laughing at TikTok-style videos.
Even those separated from their loved ones did their best to stay positive. One couple across from my cot would video-call the 12-year-old daughter they had been forced to leave at home, alone. The mom would take her through meal-prep; the dad fielded math homework questions; and when she sobbed, they would comfort her.
But the brightest spot was the food. It was no feast, but having access to filling meals seemed fortuitous during such a strange time.
Normally, people from Shanghai are spoiled by the city's vibrant food scene, but I was keenly aware that during this time of lockdown many people outside the "lucky clover" were genuinely scared of starving.
Within the clover, there was no need to scramble for groceries or make do with what came your way.
Breakfast meant congee, baozi (steamed buns), eggs and pickles. Lunch and dinner were hot, and even more generous -- usually two main dishes with a choice of protein -- shrimp and beef, chicken and pork, fish and chicken -- and three sides of vegetables. Special menus were available for Muslims, diabetics and vegetarians.
Meals were rarely repeated and neither were the encouraging fortune-cookie style messages attached to the boxes.
"Go Shanghai!", "Zero worries, endless happiness...." and "Life is always warm and bright. A stumble will be followed by further progress" were among my favorites.
I shared photos of my meals on social media, with many friends saying they wished they would get Covid just for the free food. They might have been joking, but I often saw people hoarding snacks -- milk and fruit -- and taking the goodies home when they finally left.
I soon realized, too, that for some of those around me, staying in the "lucky clover' really was a piece of good fortune, a reprieve from the hectic non-stop hustle of a city of 25 million.
That's when I met Mr. Sun.
He was a worker with a state-owned construction company who had ended up staying in the same fangcang that just weeks previously he had worked to repurpose. He told me that since March his job had felt like fighting a war as he and his fellow workers had been tasked with building fancang after fancang, day after day.
The nonstop work had left his shoulder buckled and hands calloused. Buried in work and toiling away he had lost track of time and was almost "relieved" to hear he had caught Covid.
"I could finally take a break," he said.
'Everyone will be scared of me'
Much as I tried, like Mr. Sun, to look on the bright side, it was hard to fully banish my mental anxiety.
My routine had become monotonous, I missed home, and felt icky from not having showered for days.
It was like I was trapped in a maze, barred from leaving despite feeling fine. Even at their height, my symptoms were only mild -- fatigue and occasional coughing and sneezing -- and that was a blessing as the little medical assistance that was on offer was largely pointless. Nurses were too busy to check on us and the most you could hope for were basic remedies like paracetamol, cough syrup, sleeping pills and traditional Chinese medicine.
Alas, there was no cure for Covid, or stubborn PCR test results. Days after my symptoms had disappeared I, like many others, would continue to test positive and remain stuck in limbo.
The release of the PCR test results was itself a scene every day.
Everyone's name and results would be printed out and posted on a wall -- much like how Chinese schools publicly release exam scores -- and every day the large crowd poring over them would be a smorgasbord of emotions from joy and despair.
I learned that PCR tests are not black and white. At least five people I knew had their hopes of freedom dashed as their results oscillated between positive and negative.
Desperate to avoid the same fate, I would thoroughly rinse my nasal passage and throat with a saline solution before taking my daily test.
Whether it was the saline or fate, I tested negative on my seventh day -- and after a follow-up test 24 hours later I was told to prepare for discharge.
Mr. Sun, the constructor worker, was told the same. But while I was excited, he seemed peaceful and contemplative. He told me he was concerned his neighbors might not allow him back in his compound. "I'm someone who tested positive. Everyone will be scared of me," he said.
I tried to console him, saying the infection would have strengthened his immune system and he would be less likely to fall ill again. He smiled reluctantly and said he hoped the community would be equally understanding.
The next day, Mr. Sun was missing from the line of people to be discharged. The nurse couldn't find him anywhere. I don't know if he decided to stay or not.
Maybe what was a prison for many was actually a sanctuary for him.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.albanyherald.com/news/shanghai-surprise-how-i-survived-70-days-confinement-in-the-worlds-strictest-covid-lockdown/article_3eec034a-e657-5c81-8240-52d89a883b11.html
| 2022-06-18T01:14:50Z
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SINGAPORE, June 1, 2022 /PRNewswire/ -- Kenon Holdings Ltd. (NYSE: KEN) (TASE: KEN) ("Kenon") announces its results for Q1 2022 and additional updates.
Q1 and Recent Highlights
Kenon
- Kenon intends to distribute approximately $552 million ($10.25 per share) to shareholders in July 2022, subject to approval of a capital reduction in the High Court of the Republic of Singapore.
ZIM
- In May 2022, ZIM announced an interim dividend to be paid in June 2022 of $2.85 per share, representing $342 million in aggregate. Kenon expects to receive $71 million ($67 million net of tax).
- Financial results[1]:
- ZIM reported net profit in Q1 2022 of $1.7 billion, as compared to $0.6 billion in Q1 2021.
- ZIM reported Adjusted EBITDA[2] in Q1 2022 of $2.5 billion, as compared to $0.8 billion in Q1 2021.
OPC
- In May 2022, OPC announced an agreement with Veridis Power Plants Ltd. to reorganize the holdings of its operations in Israel.
- Financial results:
- OPC's revenue in Q1 2022 increased to $146 million, as compared to $115 million in Q1 2021.
- OPC's net profit in Q1 2022 was $33 million, as compared to zero in Q1 2021.
- OPC's Adjusted EBITDA2 in Q1 2022 was $32 million, as compared to $28 million in Q1 2021. Additionally, in Q1 2022, OPC's proportionate share in EBITDA of CPV associated companies was $43 million as compared to $18 million in Q1 2021.
Discussion of Results for the Three Months ended March 31, 2022
OPC
The following discussion of OPC's results of operations is derived from OPC's consolidated financial statements, as translated into US dollars.
OPC's revenue from the sale of electricity to private customers derives from electricity sold at the generation component tariffs, as published by the Israeli Electricity Authority ("EA"), with some discount. Accordingly, changes in the generation component tariffs generally affect the prices paid under Power Purchase Agreements by customers of OPC-Rotem and OPC-Hadera. The weighted-average generation component tariff effective February 1, 2022, as published by the EA, was NIS 0.2869 per KW hour, which was approximately 13.6% higher than the weighted-average generation component tariff in 2021 of NIS 0.2526 per KW hour. In April 2022, due to a reduction in excise tax on use of coal and to combat the high cost of living, the EA published a new weighted average generation component tariff effective May 1, 2022 of NIS 0.2764 per KW hour, which is approximately 3.7% lower than the rate effected on February 1, 2022. OPC's revenue from sales of steam are linked partly to the price of gas and partly to the Israeli Consumer Price Index.
- Revenue from sale of energy to private customers – increased by $15 million in Q1 2022, as compared to Q1 2021. As OPC's revenue is denominated in NIS, translation of its revenue into US Dollars had a positive impact of $2 million. Excluding the impact of exchange rate fluctuations, such revenue increased by $13 million primarily as a result of (i) an $11 million increase reflecting the commencement of virtual supply in September 2021 and (ii) a $6 million increase due to an increase in the generation component tariff, partially offset by a $4 million decrease due to decline in energy consumption by customers.
- Revenue from private customers in respect of infrastructure services – increased by $2 million in Q1 2022, as compared to Q1 2021. As OPC's revenue is denominated in NIS, translation of its revenue into US Dollars had a positive impact of $1 million. Excluding the impact of exchange rate fluctuations, such revenue increased by $1 million primarily as a result of a $3 million increase reflecting the commencement of virtual supply in September 2021, partially offset by a $1 million decrease in sale of energy purchased for OPC-Hadera's customers.
- Revenue from sale of surplus energy – increased by $8 million in Q1 2022, as compared to Q1 2021. As OPC's revenue is denominated in NIS, translation of its revenue into US Dollars had a positive impact of $1 million. Excluding the impact of exchange rate fluctuations, such revenue increased by $7 million primarily as a result of (i) a $6 million increase due to an increase in availability of the OPC-Hadera power plant and (ii) a $1 million increase due to an increase in sale of energy to OPC-Rotem's customers.
- Revenue from activities of Gnrgy – reflects the commencement of operations of Gnrgy, which is engaged in the area of charging services for electric vehicles, which was $3 million in Q1 2022 compared to nil in Q1 2021.
- Revenue from sale of electricity and provision of services in the U.S. – reflects three months of results of CPV in Q1 2022, as compared to two months of results in Q1 2021, with the completion of the acquisition of CPV on January 25, 2021.
- Natural gas and diesel oil consumption – remained the same in Q1 2022, as compared to Q1 2021. As OPC's cost of sales is denominated in NIS, translation of its cost of sales into US Dollars had a negative impact of $1 million. Excluding the impact of exchange rate fluctuations, such cost of sales decreased by $1 million primarily as a result of a decrease of $2 million due to maintenance at the OPC-Rotem power plant partially offset by an increase of $1 million due to an increase in availability of the OPC-Hadera power plant.
- Expenses for infrastructure services – increased by $2 million in Q1 2022, as compared to Q1 2021, primarily as a result of a $3 million increase reflecting the commencement of virtual supply in 2021, partially offset by a $1 million decrease due to a decline in energy consumption by OPC-Hadera's customers.
- Expenses for acquisition of energy – decreased by $13 million in Q1 2022, as compared to Q1 2021. As OPC's cost of sales is denominated in NIS, translation of its cost of sales into US Dollars had a negative impact of $1 million. Excluding the impact of exchange rate fluctuations, such cost of sales increased by $12 million primarily as a result of (i) a $9 million increase reflecting the commencement of virtual supply in 2021, (ii) a $6 million increase due to maintenance at OPC-Rotem power plant, partially offset by a $3 million decrease due to an increase in availability of the OPC-Hadera power plant.
- Costs from activities of Gnrgy – reflects the commencement of operations of Gnrgy, which is engaged in the area of charging services for electric vehicles.
- Operating costs and cost of services in the U.S. – reflects three months of results of CPV in Q1 2022, as compared to two months of results in Q1 2021, with the completion of the acquisition of CPV on January 25, 2021.
Finance Expenses, net
Share of Profit of Associated Companies, net
As at March 31, 2022, OPC's proportionate share of debt (including interest payable) of CPV associated companies was $933 million and proportionate share of cash and cash equivalents was $8 million.
Liquidity and Capital Resources
As of March 31, 2022, OPC had cash and cash equivalents of $212 million (excluding restricted cash), restricted cash of $29 million (including debt service reserves of $14 million), and total outstanding consolidated indebtedness of $1,234 million, consisting of $42 million of short-term indebtedness and $1,192 million of long-term indebtedness. As of March 31, 2022, a substantial portion of OPC's debt was denominated in NIS.
Business Developments
Veridis transaction
On May 9, 2022, OPC announced that it had entered into an agreement with Veridis Power Plants Ltd. to form OPC Holdings Israel Ltd., which will hold and operate all of OPC's business activities in the energy and electricity generation and supply sectors in Israel. The details of the transaction are discussed in more detail in Kenon's Form 6-K dated May 9, 2022.
ZIM
Discussion of ZIM's results for Q1 2022
For the period ended March 31, 2022, ZIM's revenue increased by 113% in Q1 2022 to $3.7 billion, as compared to $1.7 billion in Q1 2021, primarily due to an increase in revenue from containerized cargo, reflecting increases in both freight rates and carried volume.
Qoros
Sale of remaining 12% interest
In April 2021, Kenon's subsidiary Quantum (2007) LLC ("Quantum") entered into an agreement with the China-based investor related to the Baoneng Group, which holds 63% of Qoros (the "Majority Shareholder"), to sell its remaining 12% interest in Qoros for RMB 1.56 billion (approximately $245 million). The Majority Shareholder has failed to make required payments under this agreement. In the fourth quarter of 2021, Quantum initiated arbitral proceedings against the Majority Shareholder and Baoneng Group with China International Economic and Trade Arbitration Commission. The proceedings are ongoing.
Additional Kenon Updates
Kenon's (unconsolidated) liquidity and capital resources
Capital reduction and distribution
About Kenon
- OPC (59% interest) – a leading owner, operator and developer of power generation facilities in the Israeli and U.S. power markets;
- ZIM (21% interest) – an international shipping company; and
- Qoros (12% interest[3]) – a China-based automotive company.
Caution Concerning Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include statements relating to OPC, the dividend proposed by ZIM, statements relating to Kenon's agreement to sell its remaining interest in Qoros, statements relating to the Capital Reduction and other non-historical matters. These statements are based on current expectations or beliefs and are subject to uncertainty and changes in circumstances. These forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond Kenon's control, which could cause the actual results to differ materially from those indicated in such forward-looking statements. Such risks include risks relating to Kenon's agreement to sell its remaining interest in Qoros, including risks relating to payments required to be made to Quantum which have not been made as required and whether such payments will be received at all, risks relating to meeting the conditions to the obligations under the transaction, including risks relating to regulatory approvals and risks relating to the Capital Reduction, including risks relating to the need to obtain approval from the High Court of the Republic of Singapore for the Capital Reduction, whether the Capital Reduction will be paid to shareholders when expected or at all and whether Kenon will have sufficient liquidity and other risks and factors including those risks set forth under the heading "Risk Factors" in Kenon's most recent Annual Report on Form 20-F filed with the SEC and other filings. Except as required by law, Kenon undertakes no obligation to update these forward-looking statements, whether as a result of new information, future events, or otherwise.
Contact Info
Kenon Holdings Ltd.
Mark Hasson
Chief Financial Officer
markh@kenon-holdings.com
Tel: +65 9726 8628
- Represents 100% of ZIM's results. Kenon's share of ZIM's results for the three months ended March 31, 2022 was 21% (28% for three months ended March 31, 2021).
- Adjusted EBITDA is a non-IFRS measure. See Exhibit 99.2 of Kenon's Form 6-K dated June 1, 2022 for the definition of ZIM's Adjusted EBITDA and OPC's and CPV's Adjusted EBITDA and a reconciliation to their respective net profit for the applicable period.
- Kenon has agreed to sell its remaining 12% interest to the Majority Shareholder.
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https://www.wibw.com/prnewswire/2022/06/01/kenon-holdings-reports-q1-2022-results-additional-updates/
| 2022-06-01T11:19:08Z
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GUANGZHOU, China, Aug. 18, 2022 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced that it will release its unaudited financial results for the second quarter of 2022 on Thursday, August 25, 2022, before the open of the U.S. markets.
The Company's management will hold a conference call on Thursday, August 25, 2022 at 7:30 am U.S. Eastern Time (7:30 pm Beijing/Hong Kong Time) to discuss the financial results. Listeners may access the call by dialing the following numbers:
A live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.yatsenglobal.com/.
A replay of the conference call will be accessible by phone one hour after the conclusion of the live call at the following numbers, until September 1, 2022:
About Yatsen Holding Limited
Yatsen Holding Limited (NYSE: YSG) is a leading player in China's beauty market with a mission to create an exciting new journey of beauty discovery for consumers in China and around the world. Founded in 2016, the Company has launched and acquired multiple color cosmetics and skincare brands, including Perfect Diary, Little Ondine, Abby's Choice, Galénic, DR.WU (its mainland China business), Eve Lom and Pink Bear. The Company's flagship brand, Perfect Diary, is one of the top color cosmetics brands in China in terms of online retail sales value. Leveraging its digitally native direct-to-customer business model, the Company has built core capabilities which enable it to launch and scale multiple brands quickly while offering a wide selection of products to a growing variety of customers. The Company reaches and engages with customers directly, both online and offline, with expansive presence across all major e-commerce, social and content platforms in China.
For more information, please visit http://ir.yatsenglobal.com/.
For investor and media inquiries, please contact:
In China:
Yatsen Holding Limited
Investor Relations
E-mail: ir@yatsenglobal.com
The Piacente Group, Inc.
Emilie Wu
Tel: +86-21-6039-8363
E-mail: yatsen@thepiacentegroup.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: yatsen@thepiacentegroup.com
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SOURCE Yatsen Holding Limited
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https://www.kxii.com/prnewswire/2022/08/18/yatsen-announce-second-quarter-2022-financial-results-august-25-2022/
| 2022-08-18T10:18:43Z
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PITTSBURGH, Sept. 5, 2022 /PRNewswire/ -- "I wanted to create a way to sanitize your debit or credit card right when potential contamination occurs after a transaction," said an inventor, from Humboldt, Tenn., "so I invented the SANI- SLIDE. My design would increase sanitation and safety for users."
The patent-pending invention provides a convenient way to sanitize a credit or debit card after use. In doing so, it eliminates the need to put a contaminated card back into your wallet. As a result, it helps to reduce the spread of germs and viruses and it provides added protection and peace of mind during the current pandemic. The invention features a portable and practical design that is easy to use so it is ideal for the general population, commercial establishments, restaurants, etc. Additionally, it is producible in design variations.
The original design was submitted to the Nashville sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-NAM-192, 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.mysuncoast.com/prnewswire/2022/09/05/inventhelp-inventor-develops-way-sanitize-credit-or-debit-card-nam-192/
| 2022-09-05T20:13:08Z
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Bill aims to boost vital American semiconductor industry and U.S. technological innovation
WASHINGTON, Aug. 10, 2022 /PRNewswire/ -- IEEE-USA commends the members of the U.S. Congress and the President for enacting the CHIPS and Science Act. This bill, passed by Congress with bipartisan support and signed into law today by President Biden, represents a significant step forward for America's scientific and engineering endeavors.
This bill appropriates $52.7 billion for American semiconductor production, research and development, and workforce education initiatives. This will help strengthen and secure America's semiconductor supply chain. Additionally, the bill provides $1.5 billion in appropriations for wireless supply chain innovation for next generation wireless technology deployment (5G and 6G).
The CHIPS and Science Act authorizes new programs and investments, including significant new funding for the National Science Foundation (NSF), the NSF Technology, Innovation, and Partnerships (TIPs) Directorate, the Department of Energy, and the National Institute of Standards and Technology (NIST).
Critically, the bill seeks to strengthen innovation across the entire country, including areas that have traditionally had less investment in the innovation economy. New workforce development programs will target workers including those seeking technical certifications, attending community college, and undergraduate students.
Among these new programs are Regional Technology and Innovation Hubs, which will support innovation strategies in geographically diverse parts of the country. These should focus on rural America and other parts of the country that are not currently home to many high-tech companies.
The bill also outlines 10 key technology focus areas to direct federal research and development activities to promote innovation and commercial application of technologies deemed critical to U.S. economic competitiveness and national security. Some of the key focus areas include artificial intelligence, high performance computing, quantum information science and technology, robotics, and advanced energy.
"The CHIPS and Science Act represents a tremendous step forward for American innovation," said Deborah M. Cooper, 2022 IEEE-USA President. "This bill will bring well-paying jobs to many Americans, helping to transform overlooked parts of the country."
IEEE-USA serves the public good and promotes the careers and public policy interests of over 150,000 engineering, computing and technology professionals who are U.S. members of IEEE, the world's largest technical professional organization.
Visit us online at ieeeusa.org, follow us on Twitter, like us on Facebook, follow us on Instagram, subscribe to our YouTube channel and check us out on LinkedIn.
Contact:
Russ Harrison
Director of Government Relations, IEEE-USA
202-530-8326
r.t.harrison@ieee.org
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https://www.wibw.com/prnewswire/2022/08/10/ieee-usa-commends-passage-chips-science-act/
| 2022-08-10T14:49:14Z
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Conflict and disruption are familiar themes in the news headlines. TBD Media Group's campaign aims to put optimism back on the table
LONDON, May 30, 2022 /PRNewswire/ -- The human race is facing deep uncertainty in both the long and short term: with open conflict ratcheting up tensions around the world, the ongoing climate crisis and the disruptive after-effects of the Covid pandemic, the decisions we make now will have a profound impact on the future of the planet. The challenges facing us can only be met by the people who have the power to make a difference: the innovators and thought leaders in the businesses driving change today.
Global Thought Leaders, a series of documentaries devised by award-winning production company TBD Media Group, tells the stories of the people whose ideas are making positive and lasting change for profit, people and planet. Through the films we see a common thread of how great ideas are executed around the world, thanks to a combination of far-sighted investment, collaboration and vision.
Paolo Zanini, Founder and CEO at TBD Media Group says:
"At a time when our trust in political leadership is at an all time low, Global Thought Leaders are filling the gap. Climate change can only be tackled by industry; conflict is a result of competing interests; our films are showing that excellent and visionary leadership can produce win-wins that will result in a cleaner, fairer world."
Zanini says that Global Thought Leaders is his own contribution to a better future:
"TBD Media Group has assembled a talented team of filmmakers to present these stories. We all believe in our responsibility to communicate these ideas to a wider audience. While many media outlets are using shock tactics to capture attention, the result of relentless bad news is a belief that nothing can be done to tackle the threats facing us. This campaign shows that not only can something be done, it is being done, and the overwhelming theme is that when we work together, we can achieve amazing things. Our mission is to encourage positive action through giving a global audience reasons to be optimistic."
The Global Thought Leaders documentary series examines how the most ambitious businesses in the world are harnessing innovation to transform the world we live in and create a better future for generations to come.
Companies featured in this launch:
AER Rianta International, Alchemy Crew (Canopy, Ticker), Andela, Case IH a brand of CNH Industrial, Gobazzar, Northern Trust Corporation, SoLVBL Solutions Inc., Green Hydrogen Systems, Payfor, OPEN Health Group, Skyhive Technologies, Warsaw Stock Exchange (GPW),
More information on the Global Thought Leaders Campaign may be found here.
About TBD Media Group:
TBD Media Group is an international, purpose-driven, media developer that helps companies, organizations and governments tell their brand stories in a human and direct way. Learn more at https://www.tbdmediagroup.com/
Media Contact:
Jenna-Leigh Soobramoney
Head of Marketing
TBD Media Group
j.soobramoney@tbdmediagroup.com
Photo: https://mma.prnewswire.com/media/1828615/TBD_Media_Group.jpg
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https://www.wibw.com/prnewswire/2022/05/30/how-global-thought-leaders-are-transforming-businesses-with-vision-create-fairer-cleaner-planet/
| 2022-05-30T13:26:41Z
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A wildfire that scorched several acres in southeastern Coryell County was largely contained by Thursday afternoon, officials said.
The blaze, dubbed the Post Oak Fire, started late Wednesday night and burned acreage along FM 107 near Oglesby, threatening two homes and a barn at one point, officials said.
Thick Juniper trees in the area made the fire difficult to access, the Texas A&M Forest Service said.
“Local, state and federal resources continue to work hot spots,” the Gatesville Fire Department said in a Facebook post Thursday afternoon. “There is a helicopter on scene making air drops. The fire area continues to stay contained, with only a few flare ups today. Personnel will continue to monitor the area throughout the evening.”
The department also reminded motorists to slow down on FM 107 and watch for fire apparatus.
“Thank you for your continued patience and understanding while fire resources work the area,” the agency said.
Firefighters from several area departments, including Flat, Oglesby, Osage-Coryell City, responded as well the Coryell emergency management coordinator.
Local emergency responders continue to battle area fires as drought conditions and a scorching heat wave dry out foliage.
Bell County Fire Marshal Chris Mahlstedt said emergency responders battled 150 grass fires in June. Between July 1-4, 49 other fires were reported, many resulting from fireworks, including a blaze at Stillhouse Hollow Lake that burned about three to four acres.
“With July 4th behind us, we still run the risk of increased numbers of grass fires due to worsening drought conditions and no rain in the immediate forecast,” Mahlstedt said in a Facebook post. “As always, we ask that you use caution when cooking outside or conducting hot work such as welding, mowing or any other activities which might produce a spark or high temperatures near combustible items. If you see a fire start, call 911 to report it as soon as possible. Please also remember Bell County remains under a burn ban.”
Mutual aid
Local agencies are offering mutual aid to fight fires.
Late Tuesday night, the Morgan’s Point Resort Volunteer Fire Department and Temple Fire & Rescue traveled to the Moody area to battle a hard-to-reach structure fire in the 16000 block of Cowan Road.
The fire at the vacant mobile home, hampered by thick brush and cedar trees, prompted firefighters to move into a defensive fire mode, according to a department post on Facebook.
“Due to the location and absence of additional water sourcing and the narrow approach to the structure, multiple apparatuses were positioned to transfer water to the primary attack engines,” the department said. “An immediate request was sent via the Bell County Communications Center requesting support from additional agencies equipped with water tenders to provide on-scene water. Tenders from Troy and Oglesby responded providing much needed water to maintain a continuous firefighting effort. More than 450 feet of hose was required to reach the structure from either the north or south side attack engines with hose lines laid through dense brush (and) debris and up a steep incline from the north.”
The fire spread rapidly and the mobile home was full involved as water suppression was underway, the department said. The blaze was under control by 2:14 a.m.
Close to 30 firefighters from five different agencies worked the fire scene until just after 5:30 a.m.
“The location of this fire proved challenging and required multiple attack lines from several different directions as well as water relay operations,” the department said. “It is a testament yet again to the cooperative efforts of the entire team. The structure was a total loss with no firefighter or civilian injuries reported.”
Williamson County fire
A wildfire that started Sunday burned about 600 acres in Williamson County was 100% contained on Thursday, the Texas A&M Forest Service said.
The fire started near Pecan Branch at about 2:30 p.m. Sunday. Four hours later, the fire reached the Texas Department of Public Safety training grounds on County Road 240, about four miles southeast of Florence.
Drought conditions
Drought continues to affect Bell County with moderate to severe drought conditions across the eastern side, data from the Texas Water Development Board showed. West Bell County faces extreme to exceptional drought conditions.
With little rain in the forecast over the next week, Mahlstedt said the fire danger continues to be high.
“It’s gonna get worse before it gets better,” he told the Telegram on Tuesday.
The water level for Bell County’s two reservoirs — Belton and Stillhouse Hollow lakes — have dropped about six feet.
On Thursday, Lake Belton was 84.2% full, 5.95 feet below its normal elevation of 594 feet above sea level. Water was being released at 89 cubic feet per second into the Leon River, U.S. Army Corps of Engineers data showed.
Stillhouse was 83.8% full, 6.14 feet below its normal elevation of 615.88 feet above sea level. One cubic foot per second of water was being released into the Lampasas River. The lake also supplies water to Lake Georgetown, which is 64.9% full, down more than 11 feet.
Swim beaches are closed at both Bell County lakes because of low water levels that also exposure water hazards such as sandbars. However, despite the closure, the Corps of Engineers said residents are still able to swim in the lakes.
Heat advisory
The Fort Worth-based office of the National Weather Service issued an excessive heat warning for Bell County and most of Central Texas on Wednesday.
The agency extended the warning of “dangerously hot conditions” through 9 p.m. Sunday.
Temperatures are expected to be above 100 degrees through next Wednesday, weather officials said.
Heat indexes will make it feel even hotter.
The Friday forecast calls for sunny, hot weather with a high expected to be about 101 degrees. Heat index values are expected to make it feel like 106 degrees. Winds will be from the south at about 10 miles per hour with some gust up to 20 mph.
A slight cool down — and a chance of rain— are forecast next Wednesday. The high is expected to be 97 with a 20% chance of showers and thunderstorms.
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https://www.tdtnews.com/news/central_texas_news/article_f9a4ef18-fe44-11ec-91ee-6b9ee59e4c60.html
| 2022-07-08T00:12:09Z
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BERLIN (AP) — The German government indicated Wednesday that it was willing to pay further compensation to the families of 11 Israeli athletes killed at the 1972 Summer Olympics in Munich by a Palestinian group. Family members of the athletes have criticized the proposed amount as “insulting.”
Relatives of the athletes have long criticized how German authorities handled the attack and its aftermath. Demands for further compensation have threatened to overshadow a planned memorial event for the 50th anniversary of the massacre.
Germany’s Interior Ministry said it was holding talks with the relatives and that the “serious consequences for the surviving dependents of the victims in immaterial and material terms” should be reassessed.
“An offer of further recognition payments to the surviving relatives of the victims of the attack” was planned, the ministry told German news agency dpa adding that “the memorial ceremony of the 50th anniversary should be the occasion for a clear political classification of the events of 1972.”
Members of the Palestinian group Black September broke into the Olympic Village and took athletes from Israel’s national team hostage on Sept. 5, 1972, with the goal of forcing the release of prisoners held by Israel and two left-wing extremists in West German jails.
Eleven Israelis and a West German police officer died during the attack, including during a botched rescue attempt.
Immediately after the attack, Germany made payments to the relatives of the victims amounting to about 4.19 million marks (about 2 million euros or $2.09 million), according to the Interior Ministry. In 2002, the surviving relatives received another 3 million euros, dpa reported.
A claim for compensation payments amounting to around 40 million marks cited massive errors in the police operation, but it was dismissed because of the statute of limitations.
In Israel, Ilana Romano, the widow of Yossef Romano, a weightlifter who was one of the first Israelis killed, told public broadcaster Kan on Tuesday that Germany’s current reparations offer was “degrading” and the victims’ survivors rejected it.
“The offer is degrading, and we are standing by our stance that we are boycotting the (anniversary) ceremony,” she said, adding that Germany “threw us to the dogs. They mistreated us for 50 years.”
“They decided to take responsibility — very nice after 50 years,” Romano said, calling for proper compensation for the families “not pennies.”
Ankie Spitzer, the widow of Andre Spitzer, a fencing coach with the Israeli Olympic team who was killed in the attack, also rejected the sum offered by Germany.
“The sum we have been offered is insulting,” Spitzer told RedaktionsNetzwerk Deutschland newspaper group on Wednesday. “We are angry and disappointed.”
The newspaper group — citing families of the victims — reported that Germany had offered 10 million euros to the families, which would include the payments that were already made in the past.
The German government has not publicly revealed how much money it has offered.
“We never wanted to talk about money publicly,” Spitzer said, “but now we are forced to do so.”
If the current offer stands, the relatives will not come to Munich for the commemoration of the 50th anniversary of the attack in early September, Spitzer said.
Demands to release previously unpublished files on the attack were met last month, when officials in Bavaria said they would release any files under wraps in the southern German state.
___
Ben Zion reported from Jerusalem.
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https://cw33.com/sports/ap-sports/germany-offers-money-to-families-of-olympics-attack-victims/
| 2022-07-28T08:12:46Z
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Ongoing Phase 1 Clinical Trial Has Provided New Data Sets for Analysis of T Cell Receptor (TCR) Landscape of Tumor-Specific T Cells in Human Cancers
Study Findings Being Leveraged to Enhance Company's T Cell Therapy Platform Including Predictive PACTImmune™ Database and Novel PACT^NV™ Non-Viral Gene Editing Technology
SOUTH SAN FRANCISCO, Calif., April 11, 2022 /PRNewswire/ -- PACT Pharma, Inc., a clinical-stage company developing transformational personalized neoantigen-specific T cell receptor (neoTCR) T cell therapies for the eradication of solid tumors, today announced that new data highlighting several aspects of its first-of-its-kind personalized neoantigen platform for adoptive cell therapies were presented in five separate poster presentations at the American Association for Cancer Research (AACR) Annual Meeting 2022. The breadth of presented data reflects the expansive collection of pioneering insights into patient-specific TCR repertoires against solid tumors that the company has been able to accumulate through analysis of research samples, as well as patient samples from its ongoing first-in-human Phase 1 trial. The AACR conference is being held April 8-13, 2022, in New Orleans, Louisiana.
"The scope of presented findings at AACR highlights the significant progress that we have made across all aspects of our unique neoTCR T cell therapy platform, spanning identification and verification of patient-specific tumor driving mutations, gene editing, cell manufacturing, machine learning and bioinformatics," said Stefanie Mandl, Ph.D., senior vice president, head of research at PACT Pharma. "This continued progress speaks to the dynamic research and development approach that we are undertaking at PACT, as we aggressively advance our clinical-stage assets in human studies while using the evolving data set and learnings from our Phase 1 trial to continue to enhance various aspects of our technology platforms. This constellation of activities is focused on the single goal of bringing much needed, first-of-its kind neoTCR T cell therapies to patients battling solid tumors."
PACT is currently conducting a Phase 1 clinical trial evaluating the safety, tolerability and feasibility of adoptive cell therapy with its non-viral PACT^NV™ gene-edited autologous neoTCR T cells in advanced and metastatic solid tumors. This trial, in combination with extensive preclinical studies, has provided the company with unique data sets and insights derived from the core technologies that comprise its personalized adoptive T cell therapy platform for the treatment of solid tumors.
Key presented findings at AACR included:
imPACT Isolation Technology® Platform for TCR Discovery and Validation: Identifies TCRs to Patient-Specific Tumor Driver Mutations
By applying its imPACT Isolation Technology® platform to peripheral blood samples of more than 170 patients with solid tumors, PACT generated key findings on the relative distribution of patient-private mutations versus mutations in known cancer driver genes. Data demonstrated that tumor-specific T cells preferentially recognize patient-private mutations. However, TCRs that target known cancer driver mutations were shown to constitute > 5% of the functionally characterized TCRs, highlighting a high-value opportunity for "off-the-shelf" TCR therapies. Based on these findings, PACT is expanding its platform to develop such "off-the-shelf" treatments, and anticipates filing an investigational new drug (IND) application in the second half of 2022.
Proprietary Machine Learning and Bioinformatics Optimize Personalized Treatment Strategies
In two separate AACR posters, PACT highlighted its continued work building and utilizing its PACTImmune™ Database with extensive pre-, on- and post-treatment data from its ongoing Phase 1 trial. Analysis of this maturing data set with proprietary machine learning and bioinformatics produced new insights into patient-specific tumor immunogenicity in solid cancers, providing opportunities to optimize personalized neoTCR T cell treatment. The company's application of its proprietary PACT-ESCAPE™ technology provided key learnings regarding neoepitope presentation escape mechanisms, which is a critical aspect of personalized TCR-based immunotherapy.
PACT^NV™: Efficiently Enabling Single-Step Precision Gene Editing
In two separate poster presentations, PACT reported continued progress with PACT^NV, the company's non-viral precision gene editing approach for generating clinical-grade TCR T cells for adoptive cell therapy. Importantly, the company has demonstrated the ability to execute precise, time-efficient, single-step gene editing to simultaneously knock-out TCR genes and insert neoantigen-specific TCRs isolated from a patient's own blood. Furthermore, the company described its success incorporating additional complex modifications, which are intended to address challenges presented by the immunosuppressive nature of some tumor microenvironments, into the single-step gene editing process.
Copies of the posters presented at the AACR conference are available on the "Events" page of the PACT Pharma website at: https://www.pactpharma.com/news/?filter=events.
About PACT Pharma, Inc.
PACT is a clinical-stage biopharmaceutical company pioneering individualized, non-viral precision genome engineered, tumor-specific T cell therapies for the treatment of patients with solid cancers. PACT is now enrolling patients in its first-in-human Phase 1 clinical trial.
Each person's cancer emerges with a private signature of mutations. PACT identifies these cancer mutation targets (neoantigens) for each person, biochemically verifies and captures T cells from their blood and uses its proprietary, non-viral precision genome engineering technologies to manufacture a personalized immune cell therapy product for each person with cancer.
For more information, please visit www.pactpharma.com.
Contacts:
PACT Pharma
Atulya Agarwal
atulya@pactpharma.com
Vida Strategic Partners (on behalf of PACT Pharma)
Tim Brons (Media)
415-675-7402
tbrons@vidasp.com
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https://www.mysuncoast.com/prnewswire/2022/04/11/pact-reports-new-data-first-of-its-kind-personalized-neoantigen-platform-adoptive-t-cell-therapies-american-association-cancer-research-aacr-annual-meeting-2022/
| 2022-04-11T12:01:46Z
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NEW YORK, June 9, 2022 /PRNewswire/ -- IAC (NASDAQ: IAC) posted monthly metrics for May 2022 in the investor relations section of its website at https://ir.iac.com/.
About IAC
IAC (NASDAQ: IAC) builds companies. We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. From the single seed that started as IAC over two decades ago have emerged 11 public companies and generations of exceptional leaders. We will always evolve, but our basic principles of financially disciplined opportunism will never change. IAC is today comprised of category leading businesses including Angi Inc. (NASDAQ: ANGI), Dotdash Meredith and Care.com among many others ranging from early stage to established businesses. IAC is headquartered in New York City with business locations worldwide.
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https://www.wibw.com/prnewswire/2022/06/09/iac-monthly-metrics-available-company-website/
| 2022-06-09T21:23:28Z
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HENDERSON, Nev., Aug. 25, 2022 /PRNewswire/ -- CH4 Global announced today yet another milestone in its path to globalization: construction of the company's first EcoPark, an integrated facility in New Zealand for sustainable aquaculture. This facility, together with several EcoParks beginning construction in Australia this year, will enable large-scale commercial production of the company's Asparagopsis-based animal supplements for enteric methane mitigation.
For the EcoPark, CH4 Global will repurpose a brownfield site at Ocean Beach, a land-based aquaculture park near Bluff that is on track to become the largest such park in New Zealand.
Phase 1 kicks off this year with the beginning of construction, with full production by the middle of 2023. In Phase 2, the facility will be expanded to 500 bioreactors with the capacity to supply raw material required for the company's feedlot formulation for up to 15,000 head of cattle.
Currently, the Ocean Beach brownfield site is being upgraded to meet CH4 Global's requirements. A leading provider of recirculating aquaculture system (RAS) in the region, Fresh By Design, has been commissioned to design and construct the facility.
The CH4 Global EcoPark model is designed to maximize efficiencies and build sustainability into all aspects of the facility and its operation. The company's integrated system for growing and processing Asparagopsis seaweed will include regional hatcheries.
CH4 Global achieved another major milestone in June 2022, when it announced the first commercial sale of its Asparagopsis-based livestock supplement that reduces enteric methane by up to 90%. The new CH4 Global EcoPark at Ocean Beach will guarantee controlled, consistent Asparagopsis production as the company expands commercial supply to the Australian and New Zealand markets. Most of the seaweed will be exported to Australia for use in the large feedlot cattle market. At any one time, there are more than 1.5 million cattle being finished on Australian feedlots for local and international markets.
Commenting on the announcement, CH4 Aotearoa GM Nigel Little, said: "This is a key milestone in our path to full commercialisation. This EcoPark is proof of our ability to scale our technology on a sound commercial basis – both for us and for the farmers that use our product. It will be the first of many EcoParks planned over the next five years. We will be working closely with Blair and his team at Ocean Beach who share our passion and vision."
Commenting on the announcement, Ocean Beach Managing Director Blair Wolfgram, said: "We are very excited about our partnership with the CH4 Global team that has gone from strength to strength over the last couple of challenging years. The technology CH4 have developed to grow this exceptional seaweed at scale is very impressive. Globally, Steve Meller; and Nigel Little, domestically here in Aotearoa, have built an incredibly talented team with a true international outlook for this worldwide issue. CH4 have a strong alignment with Ocean Beach's aspiration to be an Aquaculture Centre of Excellence and will be a significant contributor with our other partners to growing the aquaculture industry in Murihiku / Southland. We are sure the founder of Ocean Beach and former Prime Minister, Sir Joseph Ward, would be very proud that what he created at Ocean Beach is now being utilised to grow a seaweed that helps farmers fight against global warming."
Fresh By Design General Manager Lachlan Bassett said: "We are extremely proud to be working on this project with CH4 Global at Ocean Beach. The opportunity to work with a world class team in CH4 Global on their mission to reduce global methane emissions is incredibly exciting. We look forward to supporting CH4 Global on their path to large scale commercial production of Asparagopsis"
About CH4 Global
CH4 Global™, Inc. is on an urgent mission to positively impact climate change worldwide. With expertise in turning ambitious ideas into successful, fit-for-purpose products, CH4 Global enables customers to radically reduce methane emissions in support of the 2 degrees Celsius target. Its first line of methane-reducing cattle feed additives is derived from Asparagopsis seaweed, for large beef and dairy producers, which, even if adopted for only 10% of cattle, would deliver more climate benefit than decommissioning 50 million fossil-fueled cars. CH4 Global is headquartered in Henderson, NV, with subsidiaries in Australia and New Zealand. Visit www.ch4global.com for more information.
About Ocean Beach
Ocean Beach is a land-based Aquaculture Park located at the gateway to Bluff, New Zealand with spectacular views across Foveaux Strait to Rakiura / Stewart Island. The Ocean Beach Aquaculture Park is spread over 15 hectares with an adjacent 160 hectares of rural farmland. This unique property has Coastal Permits and infrastructure in place to utilizOce large quantities of sea water from the fast moving and cold clean waters of Foveaux Strait as well as sea water supply from the nearby Bluff Harbour.
Located at the narrowest part of Aotearoa and bridging two harbors, Ocean Beach has historically been an important seafood and seaweed harvesting site for local Māori. In 1891, Ocean Beach was established as a freezing works by Bluff resident and former Prime Minister, Sir Joseph Ward. The Ocean Beach Freezing Works closed in 1991 due to technological change and started its rejuvenation journey to be an Aquaculture Centre of Excellence in 2018.
Media Contacts
North America, South America
Charlene Moore
+1 831.331.5332
Charlene@KindMarketing.com
NZ, AU and Asia
Sam Hardy
+0 456.714.622
shardy@hughespr.com.au
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SOURCE CH4 Global, Inc.
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https://www.wibw.com/prnewswire/2022/08/25/ch4-global-subsidiary-new-zealand-build-first-full-scale-ecopark/
| 2022-08-25T10:06:50Z
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2 adults face numerous child abuse, sex abuse charges after 5-year-old dies
HAGERSTOWN, Md. (Gray News) – Two people are facing numerous abuse and sex crime charges after a 5-year-old boy died in Maryland.
According to the Washington County Sheriff’s Office, deputies responded to a home after receiving a call about an unconscious child on Friday afternoon.
First responders attempted life-saving measures on the 5-year-old boy, and he was rushed to a children’s hospital in Washington D.C., where he was pronounced dead.
Following an investigation, detectives arrested the boy’s mother, 30-year-old Catherine Thrasher, and an adult male, identified as Timothy Lee Haselden.
Authorities did not specify Haselden’s relationship to Thrasher or to the victim.
Haselden is charged with the following:
- Child Abuse 1st Degree: Death less than 13 years old
- Rape 1st Degree
- Rape 2nd Degree
- Assault 1st Degree
- Assault 2nd Degree
- Child Abuse 2nd Degree: Custodian
- Child Abuse 1st Degree: Severe Physical Injury
- Neglect of a minor
- Sex Abuse of a Minor
Thrasher is charged with the following:
- Child Abuse 1st Degree: Death less than 13
- Assault 1st Degree
- Assault 2nd Degree
- Child Abuse 1st Degree: Severe Physical Injury
- Sex Abuse of a Minor
- Child Abuse 2nd Degree: Custodian
- Neglect of a minor
Both Haselden and Thrasher are being held without bond at the Washington County Sheriff’s Office Detention Center.
The child’s body was taken to the Chief Medical Examiner’s Office in Washington D.C. for an autopsy. A cause of death has not yet been released.
Detectives found that two other children, ages 2 and 3, were living in the home at the time of the 5-year-old’s death. The 2-year-old was taken to the hospital for treatment of undisclosed injuries and was released. Both children are now in the care of the Washington County Department of Social Services.
The sheriff’s office did not provide further details.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/07/26/2-adults-face-numerous-child-abuse-sex-abuse-charges-after-5-year-old-dies/
| 2022-07-27T00:14:55Z
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With the latest release of Cyberbank Digital from Technisys, financial institutions can deliver exceptional digital-first customer journeys, across all devices and conversational apps - with speed and AI innovation
MIAMI, June 13, 2022 /PRNewswire/ -- Technisys, the company behind Cyberbank - the cloud-native, next-gen digital banking platform - continues to redefine the customer experience with its latest release of Cyberbank Digital. The solution signifies the next evolution for digital innovation, enabling financial institutions to define customer journeys according to customer needs, access built-in conversational AI to supercharge engagement, enable simplified system integration and accelerate speed to market - all while lowering costs to serve.
As financial institutions are faced with increasing customer demands, escalating costs to maintain traditional systems, and growing competition, Cyberbank Digital offers a powerful, customer-centric digital banking platform that addresses these challenges.
Customers expect their primary financial institution to anticipate and solve for all of their financial needs. With consumer credit card balances rising to $800 billion in the third quarter of 2021, and approximately 42.9 million Americans each owing an average $37,105 for their federal loans, financial institutions are uniquely positioned to not only provide tailored financial products that support savings, investing and easier access to credit, but also provide complimentary practical educational services.
"Even with access to a vast amount of data, it's often challenging for traditional financial institutions to make sense of all the information available and then tailor financial offerings so that customers can optimize their financial returns," said Mike Santos, CEO of Technisys. "Despite ready access to information sources, consumers continue to need financial advice and guidance. With this in mind, Cyberbank Digital empowers firms to support customers - across all age groups - by reimagining the banking experience with tailored financial products and financial wellness education."
As financial services companies are taking note of the importance of financial literacy and the link it serves to the overall health for every customer, Cyberbank Digital offers five key value propositions that benefit financial institutions and their respective customers:
- Redefine the customer experience with structural flexibility. Create and deliver tailored customer journeys, dynamically, across all devices and conversational channels. Access feature-rich capabilities that span the management of accounts, transactions, payments, bill pay, contacts and more.
- Deliver built in conversational AI with novel, customer-centric journeys from one proven platform. Guide customers to make the right choices with personalized offerings that help them meet their specific financial goals. Use an AI-powered engine that recognizes voice and text, understands intent, deciphers different languages and knows when to provide AI or human-based support for every customer engagement.
- Adjust customer journeys, in real time, and accelerate time to market. Configure, re-configure and extend financial products and services in minutes (not months). Access an API-centric, microservices model that supports seamless integration to back office, channels and third-party apps and services.
- Tap into uninterrupted upgradeability. Change any business rule, process, or product definition without interruption to day-to-day operations. Access a fully automated deployment process, including automated security and code tests. Financial institutions control the customer journey, not legacy vendors who use closed and proprietary frameworks that require specialists to make system changes that take months to implement.
- Minimize complexity with modularity. Extend system capabilities with ease by integrating into new platforms, systems and partners via APIs. Scale the digital banking platform with granular control, increasing resource efficiency and ensuring meaningful customer experiences.
Be the first to see a live demo on how Cyberbank Digital from Technisys helps to deliver differentiated customer experiences. Join us at the industry leading American Banker DIGITAL BANKING conference on June 13-15 in Austin, TX.
Technisys is a leading next-gen digital and core banking platform that redefines the customer experience. As a best-in-class technology platform, Technisys uniquely delivers differentiation in two key ways. By empowering financial institutions to dynamically create tailored financial products at the speed of commerce, and enabling them to offer meaningful recommendations to customers at point of need. How are we different? We use data-driven insights and integrate them with our unique technology that enables structural flexibility. A flexibility that allows financial institutions to create and tailor any financial product - in real time - to deliver a seamless digital experience at every customer touchpoint whether online, on the phone, or at a branch. Giving banks and fintechs the agility to tailor offerings that become integral to a customer's lifestyle in new and profound ways, down to the segment of one.
MEDIA CONTACT:
Ryan Lannon, on behalf of
Technisys
Phone: 1.905.449.3123
Email: technisys@fullyvested.com
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SOURCE Technisys
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https://www.wibw.com/prnewswire/2022/06/13/technisys-delivers-differentiated-customer-experiences-support-financial-health-wellness-digital-banking/
| 2022-06-13T12:50:19Z
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Which camera lens protectors for phones are best?
No matter the make or model, there is no denying that mobile phones are expensive. More complex phones have a higher retail price. If you have a model with an impressive camera, it makes it imperative that you protect your gadget.
The easiest way to do that is through a mobile phone case, but the lens isn’t always a consideration. Unless there is a special lip or ridge, it affords almost no protection to the lens. This is where a camera lens protector comes in handy.
Protection choices
Don’t get your hopes up for finding a lens protector that goes well with your Van Gogh phone cover. Your choice in design, color and material is vastly diminished in this category, and you’ll have better luck matching your cover with a lens protector than the other way around. But if you want to add more personality, you can always add a phone charm.
But with that said, accessory makers must attract your business before you choose the competition. And since the lens protectors cost only a few cents to produce, you’ll often find them in packs of three or four.
To further sweeten the deal, many offer bundle packs that include a few lens protectors and some screen protectors as well. This is an excellent deal if you recently bought a new phone and are looking for a complete setup to keep your device safe.
If the standard clear protectors aren’t for you, ones with a bit of bling around the edge are becoming increasingly popular. They are often sold in packs of single caps that go over each lens instead of one solid piece that covers the lens.
Tempered glass vs. plastic
Plastic lens and screen protectors are incredibly cheap to manufacture, but it comes at a cost to phone users. The see-through material is terrible at remaining blemish-free, and while it does stop scratches on your lens, it can still be visible in photos.
The better alternative is a tempered glass lens protector. The technology is widely used because it doesn’t splinter like ordinary glass. Some common applications for tempered glass are passenger car windows, shower doors and diving masks.
The glass is thermal or chemically treated to put the outer layer into a compression state and the inner layer into a tension state. These opposing forces are what give the glass increased strength.
In addition to the strength, it is resistant to most forms of damage, such as scratches and scuff marks. This makes it an excellent choice for lens covers and display protectors. Some mobile phones use tempered glass directly for their displays with Corning’s Gorilla Glass as a favorite.
What to look for in a camera lens protector for your phone
Conforming to your style is important, but so is your phone. It’s easy to go for a colorful or bling design, but if the protection is inferior, it won’t help much. Therefore, look for camera lens protectors made from toughened glass, and steer clear of polyethylene terephthalate, or PET, or thermoplastic polyurethane, or TPU.
Another critical factor to consider is hardness. Measured on Moh’s scale, it represents how tough the material is. Most tempered glass covers will have a Moh hardness of 9H.
For reference, anything rated above 6H can’t be damaged by coins, keys or knives. The scale is made up of minerals that the hardest drawing pencil can damage. The lowest is 1H for talc, and the highest is 10H for diamond.
So, a hardness of 9H means that a pencil can’t damage corundum. Unless you have a pocket full of diamonds, your phone’s cover will be scratch-free.
Lens protectors with metal rings on the outside are less common and slightly more expensive. These feature tempered glass protectors in a specific pattern to the phone model, sitting firmly on a metal plate that slots over the lens array. It is popular with users who want lens protectors to match the color of their phones.
Best camera lens protectors for phones
Tamoria Metal and Tempered Glass Lens Protector for iPhone 13
This two-pack of lens protectors features a metal base with tempered glass lens protectors. There are 11 colors to perfectly match your phone, and the base has three cushions underneath to prevent shocks and is waterproof.
Sold by Amazon
Goton Glitter HD Tempered Glass Camera Lens Protector
Perfect if you want to protect your lens and look fashionable, this pack includes three separate protectors with a glitter band on the outside. Protection is provided through tempered glass, and the covers are easy to place over the lenses.
Sold by Amazon
WSKEN Tempered-Glass Camera Lens Protector
Compatible with the Pro and Max iPhone 13 models, this pack has three individual lens protectors plus one spare, just in case. Each cover has a metal ring on the outside for added robustness, and the clear protector on top is made from tempered glass. There are several colors to match your phone’s looks.
Sold by Amazon
AKWOX Samsung Galaxy Note 9 Camera Lens Protector
The protection pack for the Note 9 includes four lens protectors. Since the lens design is different from Apple’s iPhone, the lens protector is a solid piece of tempered glass that covers both lenses. The display cover is also tempered glass and is compatible with the fingerprint reader.
Sold by Amazon
Samsung Galaxy S20 Ultra Five-Pack Screen and Lens Protector
If you have a valuable smartphone, such as the Galaxy S20 Ultra, then you need great protection and a couple of spare parts. This five-pack is made up of two tempered glass display protectors and three lens protectors, which neatly fit into the phone’s camera groove.
Sold by Amazon
Hlija Three-Piece Rear Back Camera Lens Protector for iPhone 13
This three-pack lens protector bundle is accurately cut out to fit around the iPhone 13’s camera array. The tempered glass protects the lenses from dirt, scratches and scuffs, and it doesn’t affect the brightness of the flash.
Sold by Amazon
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https://cw33.com/reviews/br/electronics-br/camera-photo-br/6-best-camera-lens-protectors-for-phones/
| 2022-08-13T18:33:52Z
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SAN DIEGO, May 17, 2022 /PRNewswire/ -- Shadowbox, a leading innovator in healthcare automation solutions, is excited to announce the results of a case study with leading genetic testing company, Myriad Genetics, that not only eliminated cumbersome manual work, but also increased medically appropriate germline diagnostic test orders by more than 800%. Greg Stein, CEO of Shadowbox presented the results of the case study performed in conjunction with Myriad Genetics at the Executive War College conference on April 28, 2022, attended by 1,000+ executives from the diagnostic laboratory and supporting industry.
Co-presented with Sam Sgambati, National Director of Sales, Urology of Myriad Genetics the presentation showcased how Myriad Genetics implemented Shadowbox's cutting edge, healthcare integration and automation platform technology to advance their interoperability efforts and eliminate manual processes. "Shadowbox technology enabled Myriad to pursue our growth strategy more efficiently, resulting in a significant increase in volume with high customer satisfaction," said Sam.
"We are thrilled to partner with Myriad Genomics to enhance interoperability, automate genetic test orders, and ensure complete information for billing and claims," said Gregory A. Stein, Shadowbox CEO and co-founder. "With Shadowbox, Myriad increased germline test ordering through their physician offices by more than 800%. We have also expanded our product offering to meet the needs of Myriad and their customers, with new value-added functionality that improves ordering capabilities and provides critical referring physician information."
Shadowbox is a ground-breaking, patented integration and automation platform built for healthcare. By powering a browser with security, AI, and user-driven cross-application connections, Shadowbox offers instant integration and automation across the healthcare ecosystem. For more information, visit the company's website: www.shadowbox.com.
Myriad Genetics is a leading genetic testing and precision medicine company dedicated to advancing health and well-being for all. Myriad discovers and commercializes genetic tests that determine the risk of developing disease, assess the risk of disease progression, and guide treatment decisions across medical specialties where critical genetic insights can significantly improve patient care and lower healthcare costs. For more information, visit the company's website: www.myriad.com.
The Executive War College Conference is a conference put on by The Dark Intelligence Group, which is referred to as the "clinical laboratory industry's pre-eminent source for essential market intelligence and business news". The Executive War College is a nationally recognized event and is considered a "must attend" for all laboratory executives, managers, and IVD companies. For more information, visit the event's website: www.executivewarcollege.darkintelligencegroup.com/executive-war-college
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SOURCE Shadowbox, Inc.
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https://www.wibw.com/prnewswire/2022/05/17/shadowbox-technology-facilitated-orders-myriad-genetics-germline-diagnostic-increasing-volume-by-more-than-800/
| 2022-05-17T15:17:39Z
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ORANGE, Calif., June 8, 2022 /PRNewswire/ -- Children's Hospital of Orange County (CHOC) has recruited dual-boarded neonatologist and child neurologist Dr. Terrie Inder, internationally known for her clinical and scholarly innovation, leadership, and mentoring, to the newly created position of chair of neonatal research.
Currently chair of the department of pediatric newborn medicine at Brigham and Women's Hospital, a major teaching hospital at Harvard Medical School in Boston, Dr. Inder will lead the development of the Center of Neonatal Research at CHOC starting Sept. 1, 2022.
Her appointment highlights CHOC's mission to advance research and clinical outcomes for children and families, said Dr. Vijay Dhar, division chief of neonatology for CHOC Specialists.
"She joins a stellar team of clinicians," Dr. Dhar said. "Together, we will make CHOC the leading destination for neonatal- perinatal care, research and training."
Dr. Inder, an expert in the development of the newborn brain, aims to build on her track record of clinical and academic excellence at CHOC, where she'll lead efforts to advance scientific studies and improve clinical outcomes in neonatal- perinatal medicine.
"CHOC has a very dedicated group of clinicians who are hungry to make a difference, and I hope, with true humility and privilege, to be able to help them a little bit," said Dr. Inder, adding that she found CHOC's leaders to be "phenomenally grounded, aspirational and hard-working."
The Center of Neonatal Research at CHOC will advance scientific studies and improve clinical outcomes in the field of neonatal-perinatal medicine. In collaboration with UC Irvine, Dr. Inder will coordinate participation at conferences, develop doctoral and post-doctoral programs, recruit research scientists, and provide research opportunities for residents and fellows.
She also will mentor a staff of 80 neonatologists based at CHOC, UCI and a network of neonatal intensive care units (NICUs) and birthing centers totaling more than 300 NICU beds and nearly 50,000 births a year.
"I am thrilled that Dr. Inder will be joining us," said Dr. Terry Sanger, CHOC's chief scientific officer. "Her research has been foundational to the understanding of early brain development and disorders of neonates, including the origins of cerebral palsy. She will be a tremendous contributor to children's health in Southern California, and I am excited to think that the resources of CHOC, UCI and Orange County will be able to support and grow her groundbreaking research."
A native of New Zealand, Dr. Inder started practicing medicine in the U.S. in 2005 after being recruited by St. Louis Children's Hospital, the pediatric teaching hospital for Washington University School of Medicine in St. Louis, Mo.
There, she founded the Washington University Neonatal Development Research team, which has grown to 55 investigators, and succeeded in securing National Institutes of Health funding to establish the Intellectual and Developmental Disabilities Research Center.
Dr. Inder joined Brigham and Women's Hospital in 2013 as its first chair of pediatric newborn medicine. There, she assisted with rebuilding a new clinical facility with a novel design system optimizing differing models of care, established a neonatal transport program and built a consolidated network, and established more than 50 clinical care pathways and created programs in fetal care and specialized clinical care for neonatal neurocritical care.
At Brigham and Women's, Dr. Inder also increased research funding by tenfold, grew her department's research faculty, and opened a state-of-the-art NICU with single-family rooms and a first-of-its-kind, dedicated magnetic resonance imaging (MRI) system that expanded neurocritical care for babies.
Her department at Brigham and Women's now educates more than 200 trainees in pediatric and neonatal medicine with a commitment to national and international teaching.
While practicing in Australia between 2001 and 2005, Dr. Inder also became known for innovation. She founded an MRI facility at the Murdoch Children's Research Institute at Royal Women's Hospital in Melbourne. The novel imaging center required cooperation across multiple departments, research institutes and with the regional and state government.
Recruited by several leading pediatric healthcare systems during her time in Boston, Dr. Inder said she decided to join CHOC because of its people and promise of significant growth in its clinical, research and educational missions.
"I think with the investments being made now, CHOC is on a steady upward trajectory," Dr. Inder said.
With more than 200 peer-reviewed articles published, Dr. Inder's primary research is targeted at understanding the timing, mechanisms and impact of cerebral injury and altered cerebral development in infants at high risk for adverse neurodevelopmental outcome, including the prematurely born infant, the sick term-born infant, and the infant with congenital heart disease.
"All of my research efforts are designed to be immediately translatable to impact care," Dr. Inder said.
One of her many side projects includes working as an editor on the seventh-edition of a landmark work in her field, "Volpe's Neurology of the Newborn," written by Dr. Joseph Volpe, a mentor.
Outside of work, Dr. Inder, who has three adult children, enjoys gardening and spending time her mini-Goldendoodle, Oscar.
CHOC, a pediatric healthcare system based in Orange County, California, is committed to being a leading destination for children's health by providing exceptional and innovative care. Our growing community includes two state-of-the-art hospitals in Orange and Mission Viejo and a regional network of primary and specialty care clinics serving children and families in four counties. CHOC offers several clinical programs of excellence providing the highest levels of care for the most serious pediatric illnesses and injuries, both physical and mental. Our research and innovation institutes are focused on translating real patient needs into real-world treatments so every child can live the healthiest and happiest life possible. To learn more, visit www.choc.org.
MEDIA CONTACT: pr@choc.org
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SOURCE CHOC
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https://www.mysuncoast.com/prnewswire/2022/06/08/dr-terrie-inder-leading-neonatologist-child-neurologist-named-new-position-chair-center-neonatal-research-choc/
| 2022-06-08T16:48:04Z
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All births took place at Phoebe Putney Memorial Hospital in Albany between March 13 and March 31, 2022 unless otherwise noted:
Bishop, Amelia Elizabeth, daughter, was born March 30 to Hannah Welch and David Bishop of Leesburg.
Bracy, Kyla Simone and Nova Noelle, twin daughters, were born March 30 to Crystal Bracy and Brandon Bracy of Albany.
Brock, Elise Ann, daughter, was born March 19 to Grace Brock and Timothy Brock of Leesburg.
Chavers, Claire Elise, daughter, was born March 28 to Mary Chavers and Jeremy Chavers of Albany.
Collins, Ra’El King, son, was born March 23 to Shawn Collins and Hiram Collins of Thomasville.
Deane, Walker Flint, son, was born March 28 to Jessica Deane and Seth Deane.
Earnest, Rhett Daniel, son, was born March 29 to Rachel Earnest and David Earnest of Albany.
Gonzalez, Adrian Elias, son, was born March 29 to Melanie Ivey and Dima Gonzalez of Camilla.
Grier, Kyle Travon, son, was born March 30 to Quinteshia Grier of Blakely.
Griffin, McCoy Wingate, son, was born March 23 to Chandler Griffin and Matthew Griffin of Leesburg.
Guest, Yesean Zamir, son, was born March 27 to Schrell Guest of Leesburg.
Hadley, Ra’Mirio Eugene Rafyele, son, was born March 30 to Shaniqua Hadley of Thomasville.
Hall, Da’Kyrie Rashaude, son, was born March 21 to Mercedes Toomer and Dontavious Hall of Albany.
Hall, Alexander Devantae III, son, was born March 30 to Jazmine Roberts and Alexander Hall of Albany.
Hanniford, Ivy Grace, daughter, was born March 14 to Grace Hanniford and Seth Hanniford of Leesburg.
Harell, Maggie Lynn, daughter, was born March 31 to Shea Harrell and Stephen Harrell of Dawson.
Harrison, Justice Camille and Journee Camilla, twin daughters, were born March 20 to Jasmine Harrison of Moultrie.
Hawkins, Poetry Mi’Amour, daughter, was born March 30 to Lynshauntra Harris and Anthony Hawkins Jr. of Albany.
Henderson, Elizabeth Ruth, daughter, was born March 16 to Deanna Henderson and Jefferson Henderson of Leesburg.
Hernandez, Marcelo De Jesus Duque, son, was born March 13 to Yesenia Duque Hernandez and Luis Duque Hernandez of Tifton.
Herrington, Alice Marie, daughter, was born March 24 to Amber Turner and Brandon Herrington of Albany.
Hilson, Kaitlyn La’Nazzia Denise, daughter, was born March 31 to Shavoker Hilson of Albany.
Hunnewell, Hunter Gauge, son, was born March 16 to Lacy Hunnewell and Jason Hunnewell of Albany.
Jefferson, Javari Tony, son, was born March 26 to Brianna Jefferson and James Lennear of Albany.
Jenkins, Kehlani Dior, daughter, was born March 16 to Na’meesha Jenkins of Albany.
Jones, Ja’Carrian Immanuel, son, was March 19 to Ty’shinna Jenkins and Immanuel Jones of Albany.
Kennedy, Cortavious Trayon Jr., son, was born March 22 to Laterri Hicks and Cortavious Kennedy of Albany.
Lucena, Enzo Lionel Ortiz, son, was born March 22 to Andra Sales and Zaragoza Ortiz Lucena of Camilla.
Macon, Nathaniel Nehemiah, son, was born March 19 to Alexia Singletary and Elijah Macon of Albany.
Marshall, Brooklyn Jamel Beloved, daughter, was born March 31 to Jamese Poole and Monterrious Marshall of Albany.
Martinez, Naim Valentino, son, was born March 24 to Ceciia Adio and Justin Martinez of Leesburg.
McMillan, Karter Shawn, son, was born March 31 to Keirston McMillan of Albany.
McNeil, Bryson Malik, son, was born March 31 to Corislyn Braxton and James McNeil of Albany.
Miller, Kehlani Michelle, daughter, was born March 31 to Royzalynn Miller of Albany.
Moore, Emajyn Trasean, son, was born March 24 to Terrica Moore and Johnny Moore Jr. of Albany.
Moore, Waylon Charles, son, was born March 29 to Samantha Moore and Landon Moore of Dawson.
Paros, Atticus Andrew, son, was born March 25 to Kyle Paros and Dylan Paros of Albany.
Sims, Ladavia Jalicia, daughter, was born March 18 to Latoya Sims of Albany.
Smith, Skylar Dior Lashae, daughter, was born March 18 to Vonisha Smith of Dawson.
Smith, Teghan Sage and Realean Paisley, twin daughters, were born March 15 to Cassie Barkley and Stephen Smith Sr. of Leesburg.
Spann, Jayce Bernard, son, was born March 15 to Tymeshia Spann of Fort Gaines.
Suggs, Jermaine Jairo, son, was born March 16 to Jada Hewell and Preston Suggs of Albany.
Taylor, Dallas Lee, son, was born March 30 to Jaquaila Howard and Mantez Taylor of Albany.
Tyson, Emery Cate, daughter, was born March 31 to Susan Tyson and Alex Tyson Jr. of Leesburg.
Wagenhoffer, Sophia, daughter, was born March 31 to Jessica Wagenhoffer and Douglas Wagenhoffer of Albany.
Washington, Kim Ken’Iyah, daughter, was born March 20 to Keela Washington of Albany.
Waters, Keiland Jamir, son, was born March 24 to Le’Daceeas Waters of Pelham.
Watts, Miracle A’Nedra, daughter, was born March 29 to Deandrea Revels and Farley Watts Jr. of Americus.
Williams, Ortega Vashod, son, was born March 13 to Jasmine Williams of Albany.
Wills, Ava Grace, daughter, was born March 16 to Anna Wills and Terry Wills of Leesburg.
Young, Lailani Khamille, daughter, was born March 15 to LaToya Rivers and Lillo Young Sr. of Albany.
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https://www.albanyherald.com/features/births/article_da960a1c-e373-11ec-b8fe-1b75489b389e.html
| 2022-06-03T21:01:19Z
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2021 Report Highlights ESG Philosophy and Recent Achievements Supporting Mission to Drive the Energy Transition and Promote Sustainability Across the Energy Industry
DALLAS, Sept. 14, 2022 /PRNewswire/ -- Tailwater Capital LLC ("Tailwater"), a private equity firm that takes a full immersion approach to investing in energy and growth infrastructure solutions, today published its inaugural ESG Annual Report highlighting Tailwater's environmental, social, and governance ("ESG") framework and recent achievements dedicated to driving the energy transition and promoting sustainability across the energy industry.
"Responsible investment is core to our philosophy at Tailwater. We have long been committed to incorporating ESG best practices into everything we do – from diligence and execution to partnering with industry-leading companies and management teams and supporting the next generation of energy professionals," said Jason Downie and Edward Herring, Co-Founders and Managing Partners of Tailwater Capital. "The importance of the entire energy value chain and the complementary role conventional and renewable, clean energy assets need to play to empower the long-term transition and a lower carbon future is more apparent than ever. We are committed to continuing to utilize our "all of the above" investment approach to partner with businesses that share these values and play an essential role in enhancing our energy security and building a more sustainable future."
Tailwater's proactive and committed approach to ESG is embedded at both the firm level and across the portfolio. The firm's leadership team is dedicated to acting as stewards of its ESG philosophy and leading from the front within the industry. Recent firmwide initiatives include:
- Established an ESG Steering Committee, led by Tailwater's Senior Leadership team, who launched the firm's ESG policy and playbook to set minimum standards for ESG performance at the firm and portfolio level;
- Became a signatory of the United Nations-supported Principals for Responsible Investing ("UN PRI"), a leading proponent of responsible investing across the globe;
- Formed Tailwater Innovation Partners, an in-house resource working across the portfolio to build better businesses and advance ESG and DE&I performance, led by Tailwater's Head of ESG, Roger Fox;
- Launched a partnership with the Women's Energy Network Foundation to provide two scholarships to support diversity and foster the career development of women in the energy finance sector;
- Engaged in charitable giving and volunteer engagement across the communities in which the Tailwater team lives and works, focusing on specific needs across Education, Healthcare and Community Development & Human Services; and
- Continued to build upon the firm's history of ESG investing by developing a robust ESG platform including integrated systems, a deep set of material metrics and engagement processes for portfolio stewardship.
"We are incredibly excited to build on our continued momentum to promote a more carbon neutral, sustainable future across the energy sector," said Roger Fox, Head of ESG at Tailwater Capital and CEO of Tailwater Innovation Partners. "The launch of Tailwater Innovation Partners earlier this year underscores the firm's commitment to building long-term, sustainable businesses that incorporate a strong ESG framework, and we look forward to setting – and achieving – even more ambitious ESG goals for the coming year and beyond."
Tailwater's ESG Report further outlines the firm's dedication to advancing ESG performance across its portfolio, leveraging both the energy sector expertise of its investment teams and the operational acumen of Tailwater Innovation Partners. Key achievements across the portfolio highlighted throughout the report include:
- Achieved a consistent year-over-year greenhouse gas emission intensity across its portfolio, despite increasing production volumes across all operations;
- Implemented formal safety procedures and onboarding processes, resulting in a 54% year over year decrease in Total Recordable Incident Rates (TRIR) across Tailwater's portfolio;
- Established a robust program for cybersecurity monitoring across the portfolio, implementing key cybersecurity protections with support from third-party experts; and
- Initiated its first Employee Pulse Survey to identify employee needs and advance all companies across Tailwater's portfolio as inclusive and attractive workplaces.
Tailwater Capital's full 2021 ESG report can be viewed and downloaded on the firm's website.
Dallas-based Tailwater Capital is an energy and growth infrastructure private equity firm with a well-established track record of working constructively with proven management teams to deliver value-added solutions. Tailwater has raised more than $3.8 billion in committed capital since inception and the team has executed more than 100 transactions representing over $23 billion in value. For more information, please visit www.tailwatercapital.com
Contact
Jill McMillan
Managing Director, Communications & Public Affairs
Phone: 214-489-7047
Email: jmcmillan@tailwatercapital.com
John Schaufele
Managing Director, Investor Relations & Fundraising
Phone: 214-489-7043
Email: jschaufele@tailwatercapital.com
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SOURCE Tailwater Capital LLC
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https://www.wibw.com/prnewswire/2022/09/14/tailwater-capital-publishes-inaugural-esg-annual-report/
| 2022-09-14T13:31:40Z
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New offerings reduce friction and improve scalability for strapped cloud security teams
DALLAS, July 25, 2022 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, builds on years of cloud security leadership by offering new deployment models and services to improve customer experience.
With 17.7% of the cloud workload security market share, Trend Micro's share is nearly three times the size of the next largest competitor, according to IDC1. The company is No. 1 in cloud workload security for the fourth consecutive year and furthers its market leadership with ongoing innovations based on customer feedback.
"Our priority is to secure our customers' cloud journeys from start to finish, no matter what their digital transformation looks like," said Mike Milner, vice president of cloud technology for Trend Micro. "By understanding cloud security pain points, we have continued to improve and expand the way our products are offered to meet customers where they're at. We've always been ahead of the cloud security curve, and we will continue to innovate to stay ahead."
Market leading cloud security management begins with a streamlined setup for new customers that reveals what needs protection in their cloud environment. Security teams lack visibility into their complete cloud environment, let alone awareness of what is at risk. Trend Micro prioritizes the areas of greatest risk and enables customers to address the issues, rather than expecting security teams to diagnose and know how to fix any problems.
Two additional new features for the overall cloud security platform include:
- All the benefits of cloud-based network security without the operational overhead, freeing teams to focus on running apps and not the infrastructure
- Container security with simplified deployment to scan container images faster with no impact to speed. This update extends the company's existing container offering, which was the first offered by a cybersecurity provider.
In 2022, Trend Micro has also added to its more than 15 AWS competencies to now include Healthcare and DevSecOps.
Trend Micro was the first dedicated security provider to offer cloud protection in 2010. Since then, the company has built the most comprehensive cloud security platform, protecting all types of cloud environments and assets. The platform is fully available on marketplaces from the major cloud service providers, including AWS, Microsoft Azure and Google Cloud Platform, making consumption and procurement simple.
To learn more, visit Trend Micro at AWS re:Inforce booth #101 or here: https://www.trendmicro.com/en_us/business/capabilities/solutions-for/cloud.html.
About Trend Micro
Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.TrendMicro.com.
1 IDC: Worldwide Hybrid Cloud Workload Security Market Shares, 2021
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SOURCE Trend Micro Incorporated
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https://www.wibw.com/prnewswire/2022/07/25/superior-cloud-security-management-only-found-with-trend-micro/
| 2022-07-25T13:05:28Z
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The Leading Specialty Pharmaceutical Distribution Partner Ranks Due to Impressive Revenue Growth
PHOENIX, Aug. 16, 2022 /PRNewswire/ -- Today, Inc. revealed that BioCare, Inc., a leading specialty pharmaceutical distribution partner that provides distribution, specialty pharmacy and logistics services, was named on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment – its independent businesses. A first-time honoree, BioCare earned the No. 4740 spot.
"It is an incredible honor for BioCare to be included on the Inc. 5000 list of fastest-growing private companies nationwide. This recognition is a true testament to our continued expansion, especially coming off the heels of launching a new quality and regulatory consultancy service and expanding our leadership team," said Linda Matthews, CEO of BioCare, Inc. "As we remain on this rapid growth trajectory, we will continue to deliver exceptional customer service to further solidify our position as the industry's most trusted healthcare partner."
The companies on the 2022 Inc. 5000 have not only been successful, but have also demonstrated resilience amid supply chain woes, labor shortages and the ongoing impact of Covid-19. Together, those companies added more than 68,394 jobs over the past three years.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
BioCare, Inc. is comprised of BioCareSD, a leading national specialty distributor of life-saving therapies, CanyonCareRX, a full-service specialty pharmacy, LogiCare3PL, a national provider of time and temperature-sensitive pharmaceutical logistics services, and QRCare, a quality and regulatory consultancy service. Headquartered in Tempe, Arizona, BioCare, Inc. has been devoted to delivering specialty and therapeutic biological products since 1982. The company was included on the Inc. 5000 Fastest-Growing Private Companies in America list in 2022. For more information about BioCare, Inc., please visit www.biocare-us.com.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
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https://www.kxii.com/prnewswire/2022/08/16/biocare-inc-named-2022-inc-5000-list-fastest-growing-private-companies/
| 2022-08-16T12:33:08Z
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NEW YORK, Aug. 15, 2022 /PRNewswire/ -- Attention Molecular Partners AG ("Molecular Partners") (NASDAQ: MOLN) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of 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.
If you suffered a loss on your investment in Molecular Partners, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Molecular Partners includes allegations that the Company made 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.
DEADLINE: September 12, 2022
Aggrieved Molecular Partners investors only have until September 12, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong
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https://www.mysuncoast.com/prnewswire/2022/08/15/class-action-alert-law-offices-vincent-wong-remind-molecular-partners-investors-lead-plaintiff-deadline-september-12-2022/
| 2022-08-15T11:19:22Z
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NEW YORK, April 4, 2022 /PRNewswire/ -- One Rock Capital Partners, LLC ("One Rock"), a value-oriented, operationally focused private equity firm, is pleased to announce the addition of Andrea ("AJ") Skobel to its team of Operating Partners. Working in conjunction with One Rock Operating Partner Mike Anderson, Ms. Skobel will be responsible for driving post-acquisition value at One Rock's portfolio companies primarily through strategic talent and organizational development solutions and alignment of human resource strategy with business and operational strategies.
Ms. Skobel brings over 20 years of experience in executive human resource management, talent acquisition and leadership development. Prior to joining One Rock, Ms. Skobel spent nearly a decade at IDEX Corporation and prior to IDEX, she was Vice President of Human Resources at John Crane.
"AJ's established track record of helping build successful teams and enhancing leadership performance will be a valuable resource to our portfolio company management teams," said One Rock Managing Partner R. Scott Spielvogel.
"I admire One Rock's focus on helping companies grow and develop, and I look forward to collaborating with One Rock's portfolio companies to support each company's distinctive talent and organizational development needs," said Ms. Skobel.
Retaining and leveraging the expertise of a growing team of Operating Partners has been a key part of One Rock's strategy since its inception. The addition of Ms. Skobel brings the total number of Operating Partners at One Rock to 21.
ABOUT ONE ROCK CAPITAL PARTNERS, LLC
One Rock makes controlling investments in companies with potential for growth and operational improvement using a rigorous approach that utilizes highly experienced Operating Partners to identify, acquire and enhance businesses in select industries. The involvement of these Operating Partners affords One Rock the ability to conduct due diligence and consummate acquisitions and investments in all types of situations, regardless of complexity. One Rock works collaboratively with company management and its Operating Partners to develop a comprehensive business plan focused on growing the enterprise and its profitability to enhance long-term value. For more information, visit www.onerockcapital.com.
MEDIA CONTACT
Julia Cohen
Prosek Partners
pro-onerock@prosek.com
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SOURCE One Rock Capital Partners, LLC
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https://www.wibw.com/prnewswire/2022/04/04/one-rock-capital-partners-expands-operating-partner-team-with-addition-andrea-skobel/
| 2022-04-04T15:35:05Z
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Harding's songs have been recorded by Keith Urban, Blake Shelton, Kenny Chesney and many others, resulting in multiple #1 hits and over 1 billion streams on Spotify to date. Now he's launching an opportunity for other songwriters—his new "Write Like a Rockstar" contest, which begins July 22, 2022. It will give fellow adoptees a chance to write their own song with him (to be recorded by Harding in Nashville), which they will co-own and can add to their portfolio
"Party Like a Rockstar may be a memoir, but it could just as easily be classified as a self-help book for those of us who struggle to be ourselves. J.T. Harding is the epitome of the American rock-n-roll dream and a true testament that anything is possible if you're brave enough to dream it."
―Shane McAnally, three-time Grammy award-winning songwriter and star of NBC's Songland
"I've loved J.T.'s stories since the first time I heard them at The Listening Room in Nashville. . . .This is an American story of the unconditional love of parents, big dreams, hard work, and joy. . . . I couldn't put it down. I proudly recommend this book to readers of all ages."
―Dana Perino, New York Times bestselling author of Everything Will Be Okay: Life Lessons for Young Women (From a Former Young Woman)
NASHVILLE, Tenn., July 22, 2022 /PRNewswire/ -- —"Everywhere I go people ask: How do you write songs? How can I become a songwriter?" says chart-topping country music songwriter J.T. Harding, who has over 1 billion streams on Spotify under his belt. In his newly released book, Party Like a Rockstar: The Crazy, Coincidental, Hard-Luck and Harmonious Life of a Songwriter (Twelve/Hachette, February 22, 2022), readers get answers as only a storyteller like him can give, along with an inside view into the making of hit songs, working with the artists who sing them, the highs and lows of the writing process, and what the grind is really like.
But readers also get so much more. This book is first and foremost a fun, fast-paced, entertaining memoir detailing Harding's hard-won journey to music success, which has taken him from Detroit to LA to Nashville. It all began, he says, "when I was brought into this world by a young couple. A man and a woman who loved me so much they decided to give me away . . ."
Besides pulling back the curtain for would-be songwriters and detailing fascinating stories behind the inspiration for his most popular songs, Harding offers music lovers and fans a retrospective on the people and experiences that have personally inspired him:
- His madcap upbringing as the long-haired, head-banging, wild-styled "creative" in a sports-obsessed family
- What it was like to grow up adopted—and accepted—and the difference that made as he was trying to find his way in a cutthroat industry
- Learning that a Hollywood celebrity was actually his biological father, and the surreal experience of getting to know his birthparents as an adult
- His run-ins and work with some of the biggest music artists and bands of all time
- And the devastation of losing one of his brothers to suicide at a young age
"Talking about my brother's suicide has never been easy," admits Harding. "Maybe I felt like people would judge me in some way. Since my book release though, I've found that talking about it has the opposite effect: it actually brings me closer to people. Everyone has been through something in their life. The more I share my story, the more other people share theirs with me."
Harding's book has already reached #1 as an Amazon new release in the Songwriting genre. He was also recently featured in the Bluebird Café series at this year's Sundance Utah Festival. And during September's National Suicide Prevention & Awareness Month and National Adoption Month in November, he will be touring the country, performing his songs, and doing book signings in honor of his family—both his biological and adoptive parents—and specifically, his brother who died by suicide.
Remarks country music expert and TV host Ty Bentli, "The stories behind J.T.'s songs are some of my favorites in music, but I didn't know his true backstory until now. It's surreal. His life is Forrest Gump meets Entourage."
Adds award-winning music journalist Gary Graff: "As a songwriter, JT Harding knows how to tell a story. Turns out he has one of his own—and quite a … moving one at that. In a life filled with twists, turns and adventures, what shines through Party Like a Rockstar is Harding's genuine and consuming passion for music (and entertaining), a plus-size personality that's powered him to become a top-shelf collaborator responsible for so many hits we find ourselves humming at random times. The man behind those is every bit as interesting as the songs themselves, and you can't put this book down without wanting to party like a rock star a little yourself."
How does a dude who grew up with an outrageous passion for rock-n-roll end up writing giant country hits? How does a guy who had no music-business connections whatsoever find his way to his dream of being on hit radio? Your attitude about your circumstances helps a whole lot. According to Harding, "Being adopted has given me an incredibly optimistic view of life. Whenever life throws me a curveball, a disappointment, or a roadblock, I remind myself that I was adopted by the Hardings (the greatest parents ever), and that the universe has had my back since day one."
Harding hopes that everything he offers of himself and his experiences in Party Like a Rockstar will not only encourage dreamers everywhere to keep grinding but will inspire fellow songwriters. "More than ever, people of all ages all over the world seem to be interested in having a hit song of their own. My book not only gives the down-low on working toward that goal, but it's also my story of persistence and never giving up and how you need to stick with a dream for a long, long time if you ever hope to see it come true."
Party Like a Rockstar: The Crazy, Coincidental, Hard-Luck, and Harmonious Life of a Songwriter is available everywhere books are sold. Learn more at www.twelvebooks.com. Follow J.T. on social media @jtxrockstar on Twitter, TikTok, Instagram, and @jtxmusic on Facebook. To learn more and the "Write Like a Rockstar" contest, visit www.writelikearockstar.com.
J.T. HARDING was born and raised in South Detroit. While other kids were on the baseball field, J.T. was in his basement, jumping around to MTV videos and trying to write his own songs. He put together several bands in high school and then moved to Los Angeles to pursue his dream. J.T. made his first demo tape with prize money he earned by winning the VH1 game show Rock & Roll Jeopardy! He has since written several chart-topping hits, including "Smile" with Uncle Kracker, "Somewhere in My Car" with Keith Urban, "Somewhere with You" and "Bar at the End of the World" for Kenny Chesney, Dierks Bentley's "Different for Girls," Jake Owen's "Alone with You," and Blake Shelton's number-one song "Sangria."
His memoir/how-to book, Party Like a Rockstar, was released in February 2022 and quickly reached number one on Amazon in the songwriting category. He lives in Nashville and continues to churn out the hits by the light of his vintage KISS pinball machine.
ABOUT TWELVE: TWELVE, an imprint of Grand Central Publishing/Hachette Book Group, was established in 2006 with the objective of publishing no more than twelve books a year, singular works of nonfiction by authors who have a unique perspective and compelling authority, works that explain our culture and that illuminate, inspire, provoke, and entertain.
ABOUT HACHETTE BOOK GROUP: Hachette Book Group is a leading U.S. general-interest book publisher made up of dozens of esteemed imprints within the publishing groups Grand Central Publishing, Hachette Audio, Hachette Nashville, Little, Brown and Company, Little, Brown Books for Young Readers, Orbit, Perseus Books, and Workman Publishing. We also provide custom distribution, fulfillment, and sales services to other publishing companies. We are committed to diversity in our company and our publishing programs, and to fostering a culture of inclusion for all our employees and authors. We are proud to be part of Hachette Livre, the world's third-largest trade and educational publisher. Learn more at hachettebookgroup.com.
CONTACT: Morgan Canclini-Mitchell, morgan@twopr.com
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| 2022-07-22T11:41:44Z
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BERLIN (AP) — Voters backed the incumbent conservative governor and dealt a blow to Chancellor Olaf Scholz’s Social Democrats on Sunday in Germany’s most populous state, projections based on partial counts showed.
Figures published by public broadcaster WDR forecast the Christian Democrats making small gains in the North Rhine-Westphalia state election to take 35.7% of the vote.
The Social Democrats slumped to 26.7%, while the environmentalist Greens more than doubled their share with 18.2% — a record for the party in the state.
The pro-business Free Democrats saw a big drop in support and were on course to get 5.6% of the vote. Its national leader, German Finance Minister Christian Lindner, called it a “disastrous defeat” for his party.
The far-right Alternative for Germany were also projected to take 5.6%.
The election in North Rhine-Westphalia was seen as an important test for Scholz. His government at the national level has faced a challenging start tackling the fallout from the coronavirus pandemic and Russia’s war in Ukraine.
The Christian Democrats have been governing together with the Free Democrats since 2017 in North Rhine-Westphalia, which is home to almost 18 million people and includes major cities such as Cologne and Duesseldorf.
Incumbent governor Hendrik Wuest could need to enter into a pact with the Social Democrats or the Greens. An alliance between the Social Democrats, Greens and the Free Democrats — mirroring the one governing at the national level — was also feasible.
But Wuest insisted that, as the party with the biggest number of votes, the Christian Democrats were first in line to form a new state government.
Alongside the rising cost of living, the war in Ukraine and education, the issue of tackling the causes and effects of climate change in the state — with its long history of heavy industry — was considered an important election issue.
North Rhine-Westphalia was among the regions hit by a devastating flash flood last year that fueled calls to end coal mining in the state. Experts say continued burning of fossil fuels increases the likelihood of such disasters in the future.
The Christian Democrats last week won a state vote in Schleswig-Holstein, but lost power to the Social Democrats in tiny Saarland in March.
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https://cw33.com/news/international/ap-international/blow-for-scholz-as-conservatives-win-key-german-state-vote/
| 2022-05-15T23:49:42Z
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DENVER, Aug. 25, 2022 /PRNewswire/ -- Thompson Thrift, a full-service nationally recognized real estate company, announced today that they signed a lease for a 3,400-square-foot office space to serve as a regional office for construction and development team members. The new office is located on N. Pecos Street in the Denver suburb of Westminster.
"We have a long, successful history in the Denver market and believe in the enduring growth opportunities throughout the state," said Paul Thrift, president and CEO of Thompson Thrift. "Our new office space presents the perfect opportunity for us to increase our development efforts, and we are excited to see what else this robust market has to offer."
Studies show Denver ranked among the highest in the nation for the amount of residential and commercial construction that took place between 2012 and 2021. The 12.8% population increase over the past 10 years show no signs of slowing down, and companies in industries ranging from logistics to energy and software to bioscience announced their intentions to enter or expand in the Denver area.
Thompson Thrift has been active in Colorado for 12 years and has had over 3,400 unit starts in the state, which currently includes three operating communities and four in development between Fort Collins and Colorado Springs.
Thompson Thrift team members in the new Denver office will have easier access to the community sites, as well as additional Thompson Thrift development projects located throughout the West and Southwest.
The new Denver office joins the company's other offices in Indianapolis and Terre Haute, Indiana; Houston and Phoenix. During the past 30 years the company has developed more than $4 billion of ground-up development projects across the Midwest, Southeast and Southwest.
About Thompson Thrift Real Estate Company
Thompson Thrift is an integrated full-service real estate company with offices in Indianapolis and Terre Haute, Indiana, Houston and Phoenix. Three business units drive Thompson Thrift's success—Thompson Thrift Residential which is focused on upscale Class A multifamily communities and luxury leased homes, Thompson Thrift Commercial which is focused on ground-up commercial development, and Thompson Thrift Construction, a full-service construction company. Through these business units, Thompson Thrift is engaged in all aspects of acquisition, development, construction, leasing, and management of quality multifamily, mixed-use, retail, industrial and commercial projects across the country. We are passionate about our customer's success and strive to ensure our projects not only meet the needs of our customers but also the communities we serve. For more information, please visit www.thompsonthrift.com
Contact:
Jennifer Franklin
Spotlight Marketing Communications
949.427.1385
jennifer@spotlightmarcom.com
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https://www.wibw.com/prnewswire/2022/08/25/thompson-thrift-expands-with-new-regional-office-near-denver/
| 2022-08-25T16:23:16Z
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IFS will provide solution for long-term planning and scheduling optimization, as well as driving sustainability for the energy giant
LINKÖPING, Sweden, May 20, 2022 /PRNewswire/ -- Xcel Energy, a leading US-based energy provider, is partnering with IFS, the global cloud enterprise software company, to undertake a gas and electric distribution end-to-end scheduling transformation. As a part of the transformation, Xcel Energy will utilize mobile workforce management (MWM) and planning and scheduling optimization (PSO) software from IFS, with an integration to SAP via an add-on component (AOC).
Jesse Seering, Director of Scheduling at Xcel Energy, commented, "Planning, scheduling, and dispatching are manual processes for our teams today. We are excited on behalf of our customers and employees to digitize, streamline, and simplify our process."
Marne Martin, President, SMBU, IFS, said: "As energy providers rise to meet changing consumer demands, their digital transformation journeys are a priority. To continue exceeding customer and stakeholder expectations, companies are adapting their business models to focus on connected assets, projects, and service, as they are ultimately the key to empowering companies to stay ahead of the competition.
"Xcel Energy is an ambitious energy provider focused on dynamic growth and driving efficiencies across their business. It is great news that they have chosen IFS and our software to help deliver this vision for them. We look forward to working in close partnership over the coming years to ensure their strategic goals are realized, and to enable them to deliver their Moment of Service ™ to their customers."
About Xcel Energy
Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states. Headquartered in Minneapolis, the company is an industry leader in responsibly reducing carbon emissions and producing and delivering clean energy solutions from a variety of renewable sources at competitive prices.
For more information, visit xcelenergy.com or follow us on Twitter and Facebook.
About IFS
IFS develops and delivers cloud enterprise software for companies around the world who manufacture and distribute goods, build and maintain assets, and manage service-focused operations. Within our single platform, our industry specific products are innately connected to a single data model and use embedded digital innovation so that our customers can be their best when it really matters to their customers-at the Moment of Service™. The industry expertise of our people and of our growing ecosystem, together with a commitment to deliver value at every single step, has made IFS a recognized leader and the most recommended supplier in our sector. Our team of 4,500 employees every day live our values of agility, trustworthiness and collaboration in how we support our 10,000+ customers. Learn more about how our enterprise software solutions can help your business today at ifs.com.
Contact:
Solomiya Kavyuk, Marketing Communications Specialist
North America, IFS
solomiya.kavyuk@ifs.com
Phone: +1 262 717 6696
This information was brought to you by Cision http://news.cision.com
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https://www.mysuncoast.com/prnewswire/2022/05/20/leading-us-energy-provider-xcel-energy-partners-with-ifs-drive-field-workforce-scheduling-transformation/
| 2022-05-20T12:50:24Z
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ST. JOHNS, Fla., Aug. 9, 2022 /PRNewswire/ -- The turmoil in Florida's homeowners insurance market is being caused primarily by the state's outsized number of lawsuits and its commonplace fraud schemes, according to an Issues Brief published today by the Insurance Information Institute (Triple-I).
"Floridians are seeing homeowners' insurance become costlier and scarcer because for years the state has been the home of too much litigation and too many fraudulent roof-replacement schemes," said Sean Kevelighan, CEO, Triple-I. "These two factors contributed enormously to the net underwriting losses Florida's homeowners' insurers cumulatively incurred between 2017 and 2021." Florida homeowners pay the highest average property insurance premium in the U.S. at $4,231, nearly three times the U.S. average of $1,544, according to Triple-I's analysis.
The net underwriting losses for Florida domestic property companies exceeded $1 billion in both 2020 and 2021, Triple-I's Issues Brief noted, leading to insurer insolvencies and rating downgrades. Some insurers who were able to withstand these negative financial trends have reduced their exposure to Florida's homeowners market by issuing non-renewal notices to existing policyholders or restricting the writing of new business in the state.
Two major hurricanes made landfall in the state in 2017 (Category 4 Irma) and 2018 (Category 5 Michael). The past three hurricane seasons (2019-2021), however, have been relatively quiet ones for Florida. Insurers are experiencing net underwriting losses in large part because Florida is the site of 79 percent of all homeowners insurance lawsuits over claims filed nationwide while Florida's homeowners insurers receive only 9 percent of all U.S. homeowners property insurance claims, according to the National Association of Insurance Commissioners. Floridians For Lawsuit Reform estimates 130,000 property claim lawsuits will be filed in 2022, largely due to Florida's favorable litigation environment.
"Florida has one of the most generous attorney-fee mechanisms in the country—sometimes resulting in insurer payment of plaintiff attorney fees far greater than the damage awards given to the policyholders who are the plaintiffs themselves," the Triple-I's Issues Brief explained. "A 2017 state Supreme Court decision allows courts to award plaintiffs' attorneys 2-2.5 times their hourly billing rate when courts rule in favor of policyholders. These "contingency fee multipliers" can result in attorneys receiving several hundred thousand dollars for a simple lawsuit." The homeowners insurer pays the plaintiff's attorney fees as well as damages to the plaintiff, the insurer's policyholder, in the event of a court ruling in favor of the policyholder.
Triple-I's Issues Brief also highlights the steps taken by unethical roofing contractors, who ask homeowners insurance policyholders to sign assignment of benefits (AOB) forms or direction to pay agreements, giving the contractor the right to collect claim payments directly from the insurer and file a lawsuit without the knowledge or consent of the policyholder. These lawsuits require insurers to allocate resources to defend themselves in court, with the policyholder often unaware the signed AOB form has set into motion potential litigation.
"As insurers fail or leave, Citizens Property Insurance Corp. – the state-run home insurer of last resort – is swelling with business. Citizens had 931,357 policies in force as of June 30, 2022, up from 638,263 policies in June 2021 and 474,630 policies in June 2020. Citizens could spend as much as $100 million this year on litigation expenses," Triple-I's Issues Brief reported.
RELATED LINKS
Article: Insurance Fraud
Facts & Statistics: Insurance Fraud
Video: Contractor Fraud Awareness Tips
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SOURCE Insurance Information Institute
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https://www.kxii.com/prnewswire/2022/08/09/triple-i-floridas-homeowners-insurers-are-facing-multiple-crises/
| 2022-08-09T16:08:45Z
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Expansion of services for health and life sciences companies include corporate brand strategy, scientific counsel and strategic communications
CONSHOHOCKEN, Pa. and ARLINGTON, Va., July 26, 2022 /PRNewswire/ -- Deerfield Agency, one of the fastest growing independent marketing and commercialization partners for life sciences companies, today announced the acquisition of Verge Scientific Communications, a Virginia-based, brand strategy and strategic communications agency dedicated to shaping the stories of emerging and pioneering health and science-driven companies. With the addition of Verge Scientific, Deerfield Agency is expanding its services and ability to support corporate and brand marketing for pre-commercial healthcare clients, along with deepening experience in branding, strategic communication, scientific and medical communications, and storytelling.
"We are thrilled to welcome Verge Scientific as part of Deerfield Agency. The team at Verge have strong scientific and strategic expertise that will allow us to support clients earlier in their brand's lifecycle," said Frank Burrell, Managing Partner, Deerfield Agency. "The expansion of services including corporate brand strategy, corporate communications, scientific counsel and strategic communications are a great complement to our current offerings and will allow us to further serve our clients for both their corporate and product commercialization needs."
Founded in 2016, Verge Scientific has quickly become one of the leading boutique health and science communications agencies in the country serving as a trusted partner to biotech start-ups, early-stage biotech and pharmaceutical companies, health technology firms, consumer science brands and space exploration organizations. With nearly 40 people, Verge Scientific brings a full creative team, PhD scientists and seasoned communications strategists.
Recognized as a top 10 PRovoke Global Agency Fast Mover, Verge Scientific was named PRWeek's 2021 Outstanding Boutique Agency, and a finalist this year for both top Small Agency and Boutique Agency by PRWeek and PRovoke, respectively.
"It's been an incredible time for both Verge Scientific and Deerfield and we are excited to join forces. Combining with Deerfield will deepen our creative, digital and media services while allowing us to support innovator companies seamlessly as their products advance to commercialization and beyond," said Lissette Steele, Founder and Managing Partner, Verge Scientific Communications. "What's more is that both companies share in our commitment to our people and are aligned on the opportunity to focus on the growth and development of our teams and provide a path toward rewarding and fulfilling careers."
Lissette Steele and Amanda Sellers, partners and owners of Verge Scientific, will continue to lead day-to-day operations, and Verge Scientific will operate as an independent, sister company to Deerfield Agency. Both Ms. Steele and Ms. Sellers will also join the senior leadership team and become shareholders in the combined organization of Deerfield Pharma Services Holdings, LLC. Deerfield is a portfolio company of The Edgewater Funds, a Chicago-based private equity firm with over $2.8 billion of capital commitments raised since 2001.
Deerfield is a full-service agency that specializes in healthcare marketing and is founded on the principle of providing extraordinary work at an exceptional value. Deerfield has redefined the agency experience to become a true extension of your team and keep your brand at the forefront of our compelling strategy, creative, media, print, and digital innovation. Comprised of industry leaders and experts who are well versed in every stage of a brand's life cycle, our team is ready to provide you with a personalized agency experience that will meet the unique goals and objectives of your business. Deerfield has been recognized in the MM&M Top 100 Agencies for the last two consecutive years and is currently ranked 57th on the prestigious list. Since 2017, Deerfield has earned the designation as a Certified Great Place To Work® - speaking to the Company's strong culture and rewarding workplace. For more information, please visit DeerfieldAgency.com.
Verge is a strategic communications firm shaping the stories of pioneering companies and brands. Verge partners with innovator companies pushing the bounds of science, inventing new products, and advancing technologies that change the way we live. With a proven approach built on the science of storytelling, we bring clarity to the chaos, establish credibility for new ideas and build meaningful connections to strengthen a company's value story. To learn more about Verge Scientific, please visit VergeScientific.com.
View original content to download multimedia:
SOURCE Verge Scientific Communications
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https://www.mysuncoast.com/prnewswire/2022/07/26/deerfield-agency-acquires-verge-scientific-communications/
| 2022-07-26T11:50:39Z
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(NEXSTAR) – UPS is one of the most popular brands in America, and easily recognizable thanks largely in part to the company’s primary color – brown. It’s a color we’ve grown accustomed to seeing on the company’s delivery trucks, drivers, and semis, and anything else with UPS’s branding.
But brown wasn’t always the color you’d see on a UPS truck.
It all started 115 years ago when UPS was started in Seattle by two teenagers, Claude Ryan and Jim Casey. Then, the company was first known as the American Messenger Company.
Six years later in 1913, the American Messenger Company had its first package car, which was red with a black Ford chassis. When it came time for a second package car, “the company was advised to paint it a more conspicuous color,” according to information about UPS’s history shared with Nexstar.
For the second car, the American Messenger Company used yellow. It wasn’t until 1916 that things changed.
Charlie Soderstrom, a UPS founder, started overseeing the company’s automotive fleet. He didn’t want to use the color yellow because he felt it was too conspicuous and impacted the advertising value of the stores they delivered for. Instead, Soderstrom thought the stores would prefer a more conservative color.
A popular choice in the early 1900s was black but it required too much upkeep.
Ultimately, Soderstrom and the company landed on the color brown after being inspired by the Pullman Company and its sleeping compartment railroad cars, which were symbols of “style and elegance and first-class travel” at the time.
The Pullman Company — which was at one point overseen by Robert Todd Lincoln, son of President Abraham Lincoln — was well-known for its luxurious and comfortable railcars.
A brown Pullman Company car can be seen below.
In 1919, when the company expanded to Oakland, California, it debuted the two features we’ve come to know: the name ‘United Parcel Service’ and brown company cars. Six years later, the drivers would get matching brown uniforms.
Eight decades later, in 1998, ‘UPS Brown’ became a trademarked color. UPS became the third company to have a color trademarked in the U.S. (Owens Corning was first, registering pink, followed by Qualitex, which registered a green-blue). Other companies like Tiffany and T-Mobile have since trademarked their colors.
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https://cw33.com/news/nexstar-media-wire/brown-wasnt-always-upss-color-heres-why-it-is-now/
| 2022-08-21T17:57:13Z
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First Alert Traffic: Crash causing back up on I-75 SB at Hillsborough, Manatee line
Published: May. 2, 2022 at 3:52 PM EDT|Updated: 54 minutes ago
MANATEE COUNTY, Fla. (WWSB) - A serious crash is causing backup on I-75 southbound near Big Bend Road near the Manatee County line.
The crash is near the 244 milemarker and will affect your commute back into the Suncoast.
Please avoid the area if possible.
Copyright 2022 WWSB. All rights reserved.
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https://www.mysuncoast.com/2022/05/02/first-alert-traffic-crash-causing-back-up-i-75-sb-hillsborough-manatee-line/
| 2022-05-02T20:48:27Z
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TOKYO, Aug. 3, 2022 /PRNewswire/ -- The Japanese government publishes new articles every month in an official e-magazine, "KIZUNA." New articles published in late July are outlined below.
Logo:
https://kyodonewsprwire.jp/prwfile/release/M107127/202207294556/_prw_PI1fl_n8my2aIc.jpg
Photo:
https://kyodonewsprwire.jp/prwfile/release/M107127/202207294556/_prw_PI2fl_kj0S1hmG.jpg
- Enabling the Next Generation to Lead in a VUCA World
A professor at Harvard Business School explains the qualities of globally minded human resources and Japan's potential.
https://www.japan.go.jp/kizuna/2022/07/enabling_the_next_generation.html?utm_source=pressrelease&utm_medium=referral&utm_campaign=07_2022
- Combining STEAM Education with Playful Exploration
A gold medalist at the International Mathematical Olympiad fascinated with jazz piano talks about the significance of STEAM education.
https://www.japan.go.jp/kizuna/2022/07/combining_steam_education.html?utm_source=pressrelease&utm_medium=referral&utm_campaign=07_2022
- Boosting Recurrent Education that Builds the Future
An actor who entered university in her mid-40s while continuing her career talks about the significance and joys of recurrent education.
https://www.japan.go.jp/kizuna/2022/07/boosting_recurrent_education.html?utm_source=pressrelease&utm_medium=referral&utm_campaign=07_2022
- Investing in People for a New Form of Capitalism
The grand design and action plan of Prime Minister KISHIDA Fumio's "new form of capitalism" emphasizes investments in people.
https://www.japan.go.jp/kizuna/2022/07/investing_in_people.html?utm_source=pressrelease&utm_medium=referral&utm_campaign=07_2022
About "KIZUNA"
Kizuna means the enduring bonds between people -- close relationships forged through mutual trust and support. The kizuna cultivated among countries of the world has the power to deepen cooperation for a better future. By reporting on a wide variety of topics concerning Japan, "KIZUNA" hopes that this publication will provide opportunities for Japan and the rest of the world to connect and build strong kizuna.
https://www.japan.go.jp/kizuna/index.html?utm_source=pressrelease&utm_medium=referral&utm_campaign=07_2022
View original content:
SOURCE Cabinet Public Affairs Office, Cabinet Secretariat, Government of Japan
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https://www.wibw.com/prnewswire/2022/08/03/new-articles-july-issue-kizuna-official-e-magazine-japanese-government/
| 2022-08-03T06:42:58Z
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Integrity enhances proprietary software to help agents stay compliant by offering them a simple and convenient way to record, access and store client calls
DALLAS, Sept. 9, 2022 /PRNewswire/ -- Integrity Marketing Group, LLC ("Integrity"), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced the addition of Call Recording to its proprietary, industry-leading MedicareCENTER software.
The powerful new solution will help agents comply with recently announced Centers for Medicare and Medicaid Services ("CMS") regulations by offering them a simple and seamless way to record all sales calls, store the calls compliantly and download calls at any time, from anywhere. MedicareCENTER Call Recording is built exclusively for Integrity agents and will be available for them to use for free beginning this month.
"At Integrity, we're deeply committed to investing in the success of our partners and agents — and in helping them achieve their success in efficient and compliant ways," said Bryan W. Adams, Co-Founder and CEO of Integrity. "When the new call recording requirements were announced by CMS, our technology teams immediately began working on adding telephony solutions to MedicareCENTER that would make it easy for our agents to continue to connect with and serve Americans compliantly. MedicareCENTER already set the industry standard for helping agents work smarter and more effectively. Now that Call Recording is included as this new free solution in the software, that standard has been raised even higher."
"Technology plays a crucial role in Integrity's mission to help Americans plan for the good days ahead," said Harsh Singla, Chief Technology Officer of Integrity. "We also know that technology needs to be easy to use to ultimately benefit the people it's designed to help. That's why we worked to make our MedicareCENTER Call Recording feature seamless and intuitive. It offers agents more than just a compliant way to record and store calls — it also gives them the ability to automatically connect their calls to client contact records, which helps them manage their business more effectively and efficiently. Responding to changes in the marketplace with innovative solutions is part of what has made Integrity unique. We're proud to build on that legacy with MedicareCENTER Call Recording."
To learn more about how MedicareCENTER Call Recording can help agents stay compliant and focused on serving Americans, watch this brief video: www.medicarecenter.com/callrecording.
For more information about Integrity, visit www.integritymarketing.com.
Integrity, headquartered in Dallas, Texas, is a leading distributor of life and health insurance, and provider of innovative solutions for wealth management and retirement planning. Through its partner network, Integrity helps millions of Americans protect their life, health and wealth with a commitment to meet them wherever they are — in person, over the phone and online. Integrity's cutting-edge technology helps streamline the insurance and financial planning experience for all stakeholders. In addition, Integrity develops products with carrier partners and markets them through its nationwide distribution network. Integrity's nearly 6,000 employees work with approximately 500,000 agents and advisors who serve more than 11 million clients annually. In 2022, Integrity will help carriers place almost $20 billion in new sales and oversee more than $30 billion of assets under management and advisement through its RIA and broker-dealer platforms. For more information, visit www.integritymarketing.com.
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SOURCE Integrity Marketing Group, LLC
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https://www.mysuncoast.com/prnewswire/2022/09/09/integrity-announces-compliant-call-recording-offering-its-proprietary-industry-leading-medicarecenter-platform/
| 2022-09-09T14:00:30Z
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A Temple man was indicted on assault charges after police said he pinned a motorcyclist with his truck after a bar brawl on Christmas Eve.
Motorist indicted in attack on motorcyclist after Temple bar brawl
TDT Christian Betancourt
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https://www.tdtnews.com/news/central_texas_news/article_3a02298e-2c05-11ed-bf0c-a7820f1829a4.html
| 2022-09-04T04:16:53Z
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SunZia Transmission will enable access to over 3,000 MW of wind power to meet the needs of more than 2.5 million Americans, providing clean, reliable and affordable power across Western states
SunZia Transmission and SunZia Wind together comprise the largest renewable energy infrastructure project in U.S. history with a total investment of over $8 billion; Construction expected to begin in 2023
ALBUQUERQUE, N.M. and TUCSON, Ariz., July 18, 2022 /PRNewswire/ -- Pattern Energy Group LP (Pattern Energy) announced it has acquired the SunZia Transmission project from SouthWestern Power Group, a wholly owned subsidiary of MMR Group, Inc. SunZia Transmission consists of a 550-mile bi-directional ± 525 kV high-voltage direct current (HVDC) transmission line between central New Mexico and south-central Arizona, with the capacity to transport up to 3,000 MW of clean, renewable energy.
SunZia Transmission previously awarded the full 3,000 MW of capacity on the transmission line to Pattern Energy. Pattern Energy is developing the SunZia Wind project, a 3,000+ MW facility in New Mexico, which will utilize the SunZia transmission line to provide enough safe, affordable, and renewable electricity to power the needs of 2.5 million Americans annually.
SouthWestern Power Group will maintain ownership of a second 500 kV high voltage-alternating current (HVAC) transmission line, El Rio Sol Transmission.
SunZia Transmission and SunZia Wind together comprise the largest renewable energy infrastructure project in U.S. history with a total investment of over $8 billion. Both projects are privately funded and will deliver widespread economic benefits across New Mexico and Arizona.
SunZia Transmission and Pattern Energy have partnered with the New Mexico Renewable Energy Transmission Authority (RETA) on the development of the transmission project in New Mexico. Pattern Energy expects to begin full construction of the SunZia Transmission and SunZia Wind projects in 2023 with the completion of construction and start of operations for SunZia Transmission expected in 2025, and SunZia Wind in early 2026.
"SunZia Transmission will create a clean power superhighway for millions of Americans by opening access to huge, largely-untapped wind energy resources in New Mexico," said Mike Garland, CEO of Pattern Energy. "SunZia is an investment that will empower our clean energy future and generate millions of dollars in economic impact across Arizona and New Mexico. This revolutionary transmission line will be the conduit for the largest wind project in U.S. history, our 3,000+ MW SunZia Wind facility. We are creating and implementing the largest clean energy infrastructure project in American history, demonstrating the vast potential of New Mexico's wind power and the regions' ability to bring large interstate infrastructure to reality."
"As the anchor tenant of SunZia Transmission and a company with significant experience developing and building new transmission in the southwest, Pattern Energy is well-positioned to take SunZia across the finish line," said David Getts, General Manager of SouthWestern Power Group. "SunZia is playing a vital role in decarbonizing our economy by enabling more than 3,000 MW of high-value, well-sited American wind generation to be constructed in New Mexico."
The SunZia Transmission and SunZia Wind projects will create more than 2,000 construction jobs during peak construction. Once operational, up to 150 permanent staff will operate and maintain the projects.
Originally approved in 2015, SunZia Transmission's route was adjusted as a result of collaboration with the Department of Defense and White Sands Missile Range, while also taking advantage of the opportunity to partially parallel the existing Western Spirit Transmission line for 35 miles, minimizing environmental impact along the route. Final project approvals including the BLM Record of Decision are anticipated to be issued by April 2023.
Throughout the development process, SunZia Transmission has worked closely with the public, BLM, landowners, ranchers, and numerous wildlife conservation agencies, including the Audubon Society and Defenders of Wildlife, to conduct extensive environmental analysis and identify the optimal route for the project. Pattern Energy is excited to continue this close coordination.
Pattern Energy has deep expertise in developing complex transmission projects. In December 2021, together with RETA, Pattern Energy completed and sold to Public Service Company of New Mexico (PNM) the Western Spirit Transmission line, a 155-mile 345 kV transmission line that is now delivering wind power from Pattern's Western Spirit Wind facilities in central New Mexico to the electric grid managed by PNM near Albuquerque. Western Spirit Wind totals more than 1,050 megawatts (MW) of clean power capacity, enough to meet the electricity needs of 900,000 Americans each year. For more information about SunZia Transmission, Western Spirt Transmission and Pattern's operations in New Mexico, please visit patternenergynewmexico.com.
Pattern Energy is also currently developing additional interstate transmission projects including the Southern Spirit Transmission project, an advanced-stage ± 525kV, 2,000 MW High-Voltage Direct Current (HVDC) bi-directional transmission line that will connect ERCOT in Texas to the southeast market.
J.P. Morgan Securities LLC acted as exclusive financial advisor to MMR Group, Inc. in connection with the transaction.
About Pattern Energy
Pattern Energy is one of the world's largest privately-owned developers and operators of wind, solar, transmission, and energy storage projects. Its operational portfolio includes 35 renewable energy facilities that use proven, best-in-class technology with an operating capacity of more than 5,900 MW in the United States, Canada, Japan, and Mexico. Pattern Energy is guided by a long-term commitment to serve customers, protect the environment, and strengthen communities. For more information, visit patternenergy.com.
About SouthWestern Power Group
SouthWestern Power Group (SWPG) is an independent developer of utility-scale generation and transmission assets, with a market focus in the Desert Southwest. Since 2000, the Phoenix-based company has distinguished itself as a leading force in evolving energy markets, including renewable energy, storage and smart electrical grids. SWPG is a leader in the region and maintains positive relationships with other experienced entities, including investor-owned utilities, public utility commissions and regional transmission authorities. SWPG is a wholly-owned subsidiary of MMR Group, a privately-owned construction services firm based in Baton Rouge, Louisiana. MMR is a world leader in electrical and instrumentation construction, maintenance, management, and technical services. For more information, visit https://southwesternpower.com.
Contact:
Matt Dallas
Pattern Energy
917-363-1333
matt.dallas@patternenergy.com
Tom Garrity
SouthWestern Power Group (a wholly owned subsidiary of MMR)
505-710-6567
tom@garritypr.com
View original content to download multimedia:
SOURCE Pattern Energy Group LP
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https://www.kxii.com/prnewswire/2022/07/18/pattern-energy-acquires-sunzia-transmission-project/
| 2022-07-18T13:23:36Z
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'OFFICER MIKE,' THERAPY DOG DONATED BY K9S FOR WARRIORS, PROVIDES CARE AND COMFORT TO FIRST RESPONDERS
SURFSIDE, Fla., June 21, 2022 /PRNewswire/ -- Officer Mike may be the newest member of the Surfside Police Department, but in his six months walking the beat, he has already made an undeniable impact on his fellow officers.
That's because Officer Mike is not your average man in blue. He is a fluffy goldendoodle and retired Service Dog who came to the Surfside Police Department courtesy of K9s For Warriors' Station Dog program. He is trained to lower anxiety and stress among officers following the Champlain Tower collapse one year ago this week.
K9s For Warriors, the nation's largest provider of trained Service Dogs for military veterans suffering from PTSD, traumatic brain injury, and/or military sexual assault, and the Town of Surfside formally introduced Officer Mike to the public today in a ceremony at Veterans Park in memory of the lives lost one year ago.
"At K9s For Warriors, we know heroes are found in every community. That's why we're dedicated to providing life-saving dogs to our first responders, just like we do for our military veterans," said Rory Diamond, CEO of K9s For Warriors. "Our Station Dog program gives law enforcement and first responders an unconventional tool, a therapy dog, to help alleviate the stress and trauma they experience daily while serving our communities. We are thrilled Officer Mike is doing just that for our officers in Surfside after experiencing such devastating loss almost one year ago."
Surfside Police officers were among the first to arrive at the site of the Champlain Tower collapse on June 24, 2021. The catastrophic collapse claimed the lives of 98 people and local first responders heard the cries of those underneath the rubble, feeling helpless as they were unable to reach them. The hours, days, and months that passed since that devastating day have been anything but easy for the first responders and law enforcement who worked tirelessly to save as many people as they could.
Recognized as a therapy dog through the American Kennel Club, Officer Mike is providing relief, love, laughter and at times, a needed distraction for the department and town. The Town of Surfside brought him in to help their officers stay present and adequately process their emotions following traumatic events and have already seen an immensely positive impact on the officers, first responders, and staff. During the weeks and months since he became a Station Dog, Officer Mike has also been there to help comfort victims' families and community members.
"I am truly proud to have Officer Mike serving as our Station Dog," said Rogelio Torres, Chief of Police. "In addition to providing emotional support for our officers and community, he is an outstanding ambassador for our Police Department and a real extension of our extraordinary team."
As part of its mission, K9s For Warriors partners with law enforcement and first responder agencies to donate reliable, high quality K9s to provide emotional support to law enforcement officers, firefighters, dispatchers, victims, and others who are repeatedly exposed to traumatic events in the line of duty. Although these dogs are not Service Dogs and are not qualified to be paired with a veteran, they have retired from Service Dog work or received extensive training from K9s For Warriors' trainers prior to starting their career as a Station Dog.
"Time and time again, K9s For Warriors has seen the effects a Service Dog has on a Warrior as they continue to confront their service-related trauma," said Greg Wells, K9s For Warriors Station Dog manager, K9 For Warriors graduate, and former law enforcement. "Those experiences are not dissimilar to the stressors that our law enforcement and first responder communities accumulate during their careers. As former law enforcement and a military veteran, it means more to me than I could ever explain to share the healing power of dogs with the brave men and women who put their lives on the line every day in our communities."
"Surfside's Police Department, Town Administration, and residents are forever grateful to the incredible team at K9s for Warriors for blessing us with Officer Mike," said Andrew Hyatt, Town Manager. "Over the past few months, his presence has brought a loving, warm energy to a community in need of healing."
About K9s For Warriors
Determined to end veteran suicide, K9s For Warriors is the nation's largest provider of trained Service Dogs to military veterans suffering from PTSD, traumatic brain injury and/or military sexual trauma. With most dogs coming from high-kill rescue shelters, this innovative program allows the K9/Warrior team to build an unwavering bond that facilitates their collective healing and recovery. This treatment method is backed by scientific research (from Purdue University's OHAIRE Lab) demonstrating Service Dogs' ability to help mitigate their veteran's symptoms of PTSD while simultaneously restoring their confidence and independence. Founded in 2011 as a 501 (c)(3) nonprofit organization, K9s For Warriors remains committed to bringing widespread awareness to veterans' mental health and contributing to policy-level reform.
The organization's four primary business operation facilities include: K9s For Warriors National Headquarters (Ponte Vedra, FL), Gold Family Campus (Alachua, FL), Petco Love K9 Center (San Antonio, TX), and K9s For Warriors at Heidi's Village (Phoenix, AZ).
Find more information at www.k9sforwarriors.org | Facebook | Twitter
View original content to download multimedia:
SOURCE K9s For Warriors
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https://www.kxii.com/prnewswire/2022/06/21/k9s-warriors-surfside-police-department-introduce-officer-mike-wake-surfside-collapse-one-year-ago/
| 2022-06-21T18:29:15Z
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Increasing Interest in Building Strong Online Brands with Descriptive Domains Is Driving the Company's Growth.
NEW YORK and BELLEVUE, Wash., Aug. 16, 2022 /PRNewswire/ -- Inc. magazine announced today that Identity Digital Inc., a leader in connecting the online world with domain names and related technologies, is listed on the 2022 Inc. 5000 list of fastest-growing private companies in the U.S. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment – its independent businesses. Many well-known businesses, such as Facebook, Chobani, Under Armour, Microsoft, and Patagonia, gained their first exposure as Inc. 5000 honorees.
"We are honored to receive this recognition again this year, and we appreciate the consideration from Inc. and endorsement by our customers and partners," says Akram J. Atallah, CEO of Identity Digital. "We are committed to enabling people and businesses around the globe to create domain names that use both sides of the dot to convey exactly who they are and what their businesses do. They're enabling our growth by enthusiastically embracing our descriptive domains."
Identity Digital top-level domains (TLDs) such as .info, .live, .world, .games, .digital and .studio allow businesses to craft memorable names that anchor their search engine optimization (SEO) strategies and build strong online brands.
"We are proud to be among the 2022 honorees that have overcome challenges over the past few years and continued to succeed," Atallah comments.
Inc. reports that companies on the 2022 Inc. 5000 have not only been successful but have also demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of COVID-19. Among the top 500, the average median three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
The Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
More about Inc. and the Inc. 5000
Methodology
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
About Inc.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
About Identity Digital
Identity Digital Inc. simplifies and connects the online world with domain names and related technologies to empower people to build, market, and own their authentic digital identities. With the world's largest portfolio of nearly 300 TLDs such as .live, .technology, and .restaurant, Identity Digital operates around 25 million domains on its innovative registry services platform. In addition, they enable customers to discover, register, support and use high-quality domain names with its registrar, Name.com. Headquartered in Bellevue, WA, Identity Digital is a global company with approximately 300 employees. For more information, please visit identity.digital.
Contact:
Sacha Arts
Bella Vista Communications
(408) 458.6316
sacha@bellavista.agency
View original content to download multimedia:
SOURCE Identity Digital
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https://www.wibw.com/prnewswire/2022/08/16/identity-digital-ranks-one-fastest-growing-us-private-companies-2022-inc-5000-list/
| 2022-08-16T11:39:23Z
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DUBLIN, July 20, 2022 /PRNewswire/ -- Jazz Pharmaceuticals plc (Nasdaq: JAZZ) today announced that it will report its 2022 second quarter financial results on Wednesday, August 3, 2022, after the close of the U.S. financial markets. Company management will host a live audio webcast at 4:30 p.m. ET / 9:30 p.m. IST to discuss 2022 second quarter financial results and provide a business and financial update.
Interested parties may register for the call in advance here or via the Investors section of the Jazz Pharmaceuticals website at www.jazzpharmaceuticals.com. Please connect to the website prior to the start of the call to ensure adequate time for any software downloads that may be necessary.
A replay of the webcast will be available via the Investors section of the Jazz Pharmaceuticals website at www.jazzpharmaceuticals.com.
About Jazz Pharmaceuticals
Jazz Pharmaceuticals plc (Nasdaq: JAZZ) is a global biopharmaceutical company whose purpose is to innovate to transform the lives of patients and their families. We are dedicated to developing life-changing medicines for people with serious diseases – often with limited or no therapeutic options. We have a diverse portfolio of marketed medicines and novel product candidates, from early- to late-stage development, in neuroscience and oncology. Within these therapeutic areas, we are identifying new options for patients by actively exploring small molecules and biologics, and through innovative delivery technologies and cannabinoid science. Jazz is headquartered in Dublin, Ireland and has employees around the globe, serving patients in nearly 75 countries. For more information, please visit www.jazzpharmaceuticals.com and follow @JazzPharma on Twitter.
Investors:
Andrea N. Flynn, Ph.D.
Vice President, Head, Investor Relations
Jazz Pharmaceuticals plc
InvestorInfo@jazzpharma.com
Ireland +353 1 634 3211
U.S. +1 650 496 2717
Media Contact:
Kristin Bhavnani
Head of Global Corporate Communications
Jazz Pharmaceuticals plc
CorporateAffairsMediaInfo@jazzpharma.com
Ireland +353 1 637 2141
U.S. +1 215 867 4948
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https://www.kxii.com/prnewswire/2022/07/20/jazz-pharmaceuticals-report-2022-second-quarter-financial-results-august-3-2022/
| 2022-07-20T21:39:52Z
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CALGARY, AB, Aug. 4, 2022 /PRNewswire/ - Pembina Pipeline Corporation ("Pembina" or the "Company") (TSX: PPL) (NYSE: PBA) announced today that its Board of Directors has declared a common share cash dividend for August 2022 of $0.21 per share to be paid, subject to applicable law, on September 15, 2022, to shareholders of record on August 25, 2022. The common share dividends are designated "eligible dividends" for Canadian income tax purposes. For non-resident shareholders, Pembina's common share dividends should be considered "qualified dividends" and may be subject to Canadian withholding tax.
For shareholders receiving their common share dividends in U.S. funds, the August 2022 cash dividend is expected to be approximately U.S. $0.1633 per share (before deduction of any applicable Canadian withholding tax) based on a currency exchange rate of 0.7778. The actual U.S. dollar dividend will depend on the Canadian/U.S. dollar exchange rate on the payment date and will be subject to applicable withholding taxes.
Confirmation of Record and Payment Date Policy
Pembina pays cash dividends on its common shares in Canadian dollars on a monthly basis to shareholders of record on the 25th day of each month (except for the December record date, which is December 31st), if, as and when determined by the Board of Directors. Should the record date fall on a weekend or a statutory holiday, the effective record date will be the previous business day. The dividend payment date is the 15th day of the month following the record date. Should the payment date fall on a weekend or on a statutory holiday, the business day prior to the weekend or statutory holiday becomes the payment date.
About Pembina
Pembina Pipeline Corporation is a leading energy transportation and midstream service provider that has served North America's energy industry for more than 65 years. Pembina owns an integrated network of hydrocarbon liquids and natural gas pipelines, gas gathering and processing facilities, oil and natural gas liquids infrastructure and logistics services, and a growing export terminals business. Through our integrated value chain, we seek to provide safe and reliable infrastructure solutions which connect producers and consumers of energy across the world, support a more sustainable future and benefit our customers, investors, employees and communities. For more information, please visit pembina.com.
Purpose of Pembina:
To be the leader in delivering integrated infrastructure solutions connecting global markets:
- Customers choose us first for reliable and value-added services;
- Investors receive sustainable industry-leading total returns;
- Employees say we are the 'employer of choice' and value our safe, respectful, collaborative and inclusive work culture; and
- Communities welcome us and recognize the net positive impact of our social and environmental commitment.
Pembina is structured into three Divisions: Pipelines Division, Facilities Division and Marketing & New Ventures Division.
Pembina's common shares trade on the Toronto and New York stock exchanges under PPL and PBA, respectively. For more information, visit www.pembina.com.
Forward-Looking Information and Statements
This news release contains certain forward-looking information and statements (collectively, "forward-looking statements"), including forward-looking statements within the meaning of the "safe harbor" provisions of applicable securities legislation, that are based on Pembina's current expectations, estimates, projections and assumptions in light of its experience and its perception of historical trends. In some cases, forward-looking statements can be identified by terminology such as "continue", "anticipate", "schedule", "will", "expects", "estimate", "potential", "planned", "future", "outlook", "strategy", "protect", "trend", "commit", "maintain", "focus", "ongoing", "believe" and similar expressions suggesting future events or future performance.
In particular, this news release contains forward-looking statements relating to: future dividends which may be declared on Pembina's common shares; the timing and the amount of such dividend payments; and the expected tax treatment thereof. The forward-looking statements are based on certain assumptions that Pembina has made in respect thereof as at the date of this news release regarding, among other things: the success of Pembina's operations and growth projects; prevailing commodity prices, margins, volumes and exchange rates; that Pembina's future results of operations will be consistent with past performance and management expectations in relation thereto; the availability of capital to fund future capital requirements relating to existing assets and projects; future operating costs; that all required regulatory and environmental approvals can be obtained on the necessary terms in a timely manner; prevailing regulatory, tax and environmental laws and regulations; maintenance of operating margins; and the availability of coverage under Pembina's insurance policies (including in respect of Pembina's business interruption insurance policy).
Although Pembina believes the expectations and material factors and assumptions reflected in these forward-looking statements are reasonable as of the date hereof, there can be no assurance that these expectations, factors and assumptions will prove to be correct. These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties including, but not limited to: the regulatory environment and decisions; Indigenous and landowner consultation requirements; the impact of competitive entities and pricing; reliance on third parties to successfully operate and maintain certain assets; the strength and operations of the oil and natural gas production industry and related commodity prices; non-performance or default by counterparties to agreements which Pembina or one or more of its affiliates has entered into in respect of its business; actions by governmental or regulatory authorities; the ability of Pembina to acquire or develop the necessary infrastructure in respect of future development projects; fluctuations in operating results; adverse general economic and market conditions in Canada, North America and worldwide; risks relating to the current and potential adverse impacts of the COVID-19 pandemic; the ability to access various sources of debt and equity capital; changes in credit ratings; counterparty credit risk; the conflict between Ukraine and Russia and its potential impact on, among other things, global market conditions and supply and demand, energy and commodity prices; interest rates, supply chains and the global economy generally; and certain other risks and uncertainties detailed in Pembina's management's discussion and analysis and annual information form, each for the year ended December 31, 2021, and from time to time in Pembina's public disclosure documents available at www.sedar.com, www.sec.gov and through Pembina's website at www.pembina.com.
This list of risk factors should not be construed as exhaustive. Readers are cautioned that events or circumstances could cause actual results to differ materially from those predicted, forecasted or projected. The forward-looking statements contained in this news release speak only as of the date hereof. Pembina does not undertake any obligation to publicly update or revise any forward-looking statements or information contained herein, except as required by applicable laws. The forward-looking statements contained in this news release are expressly qualified by this cautionary statement.
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| 2022-08-04T22:26:17Z
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NEW YORK, July 18, 2022 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company") would like to remind investors that the Company will be hosting its upcoming Investor Day on Thursday, July 21, 2022. Registration is currently open for the event, offering both in-person and virtual attendance options.
The Investor Day will feature a presentation from management and include a preview of the soon-to-be released Vocal app, as well as a discussion of the Company's previously announced $40MM Rights Offering.
Commented Creatd Executive Chairman and Founder Jeremy Frommer, "Our team has worked tirelessly to synthesize our story. The Rights Offering is our most important financing since our Uplisting to the Nasdaq in September, 2020. I am looking forward to meeting with so many past, current, and future shareholders at the in-person event at our New York corporate office."
To register to attend Creatd's 2022 Investor Day, please visit the following link and fill in the requested details: https://creatd.com/investor-day-2022. Once registered, you will be notified when the presentation goes live at approximately 4:30 PM Eastern Time.
Those interested in being considered for in-person attendance may fill in the request form, found here. The in-person event will take place at Creatd's headquarters in downtown New York City. Due to event capacity, seats will be limited.
About Creatd
Creatd, Inc. (Nasdaq CM: CRTD) is a company dedicated to unlocking creativity for creators, brands, and consumers. We accomplish this through Creatd's four business pillars: Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios.
Creatd: https://creatd.com;
Creatd IR: https://investors.creatd.com;
Vocal Platform: https://vocal.media;
Investor Relations Contact: ir@creatd.com
Forward-Looking Statements
Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.
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| 2022-07-18T20:56:29Z
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Inaugural winners honored for data preparation, analysis and presentation
CARY, N.C., July 27, 2022 /PRNewswire/ -- Are tourists flocking to the settings of their favorite Netflix shows and movies? The curious connection between the streaming service and European tourism was one of the many topics explored in the inaugural SAS Curiosity Cup. The global data science competition, sponsored by analytics leader SAS, challenged the next generation of analytics experts to explore, analyze and learn from data on topics that inspired their curiosity.
Using SAS® software, student teams from around the world researched topics ranging from mental health and energy to entertainment and fraud. Over 90 student teams from 18 countries competed for the honor, with presentations judged by industry experts in three categories: data preparation, data analysis and data presentation.
"SAS is the founder and future of analytics. Our strong legacy underscores the former, and our commitment to empowering young minds like this year's participants is what secures the latter," said Lynn Letukas, Senior Director of Global Academic Programs and Certifications at SAS. "We are immensely proud of all our 2022 participants and look forward to developing and nurturing the curiosity of future data scientists for years to come."
Curiosity Cup competitors could use free learning resources, such as SAS® Viya® for Learners or SAS OnDemand for Academics, or SAS software licensed from their university. Viya for Learners and OnDemand for Academics are available to all higher education students through SAS Skill Builder for Students, a new global program that students can access 24/7 to learn analytics skills, earn valuable certifications sought by employers, and find ways to connect with potential employment opportunities.
The champions, which are highlighted on the SAS Curiosity Cup page, were:
- Data Preparation: Team OverSeAs from the University of Padua, Italy – Depression: Does Caregiving Put You at Risk? A European-Wide Study
- Data Analysis: Team TheAristoSAS from the University of Bologna, Italy – Two Possible Approaches for the DASS (Depression, Anxiety and Stress) Dataset
- Data Presentation: Team Data Campers from the IESEG School of Management, France – Influence of Netflix Shows in European Tourism
"The SAS Curiosity Cup was definitely an occasion where we grew in programming, teamwork and the ability to perform a complete analysis," said Sara Rinaldinii, member of team TheAristoSAS. "For the first time, we had the possibility to grapple with real data and be able to outline the analysis in its entirety, without a specific assignment, deciding for ourselves the best method."
All teams had two to four students with a faculty advisor. Teams chose their own SAS learning software, data and analytical questions for the free competition. Judges scored entries based on data preparation, analysis and presentation, in addition to subject matter knowledge. Winning teams received 12 months of free access to the SAS Academy for Data Science and a SAS digital badge acknowledging winner status.
Learn more about how SAS Academic Programs and SAS Skill Builder for Students are creating the next generation of analytics experts. Details on the 2023 competition will be available in the fall.
About SAS
SAS is the leader in analytics. Through innovative software and services, SAS empowers and inspires customers around the world to transform data into intelligence. SAS gives you THE POWER TO KNOW®.
SAS and all other SAS Institute Inc. product or service names are registered trademarks or trademarks of SAS Institute Inc. in the USA and other countries. ® indicates USA registration. Other brand and product names are trademarks of their respective companies. Copyright © 2022 SAS Institute Inc. All rights reserved.
Editorial Contact:
Trent Smith
trent.smith@sas.com
919-531-4726
sas.com/news
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https://www.wibw.com/prnewswire/2022/07/27/sas-curiosity-cup-puts-students-real-world-analytics-skills-test/
| 2022-07-27T15:39:28Z
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CHARLESTON, W.Va. (AP) — The influx of prescription opioids into West Virginia communities was the main driver of the state’s drug crisis — more than poverty, job loss and other economic stressors, an epidemiologist testified Tuesday at the ongoing trial against three major pharmaceutical companies.
“The economic conditions were the kindling, but the opioid suppliers were the gasoline that was poured directly on that kindling,” said Dr. Katherine Keyes, director of Columbia University’s Psychiatric Epidemiology Training Program.
Keyes was questioned on the stand all day Tuesday in the state’s bench trial against Johnson & Johnson subsidiary Janssen Pharmaceuticals Inc., Teva Pharmaceuticals Inc., AbbVie Inc.’s Allergan and their family of companies.
The West Virginia trial began last week and is expected to last up to two months. State and local governments, Native American tribes, unions, hospitals and other entities have filed more than3,000 lawsuits involving the opioid epidemic in state and federal courts.
Most allege the industry created a public nuisance in a crisis that has been linked to the deaths of 500,000 Americans over the past two decades.
A trial opened Monday in Florida’s opioid epidemic lawsuitagainst the Walgreens pharmacy chain, which state officials accuse of prioritizing profits over health by improperly dispensing millions of powerful painkillers that caused tens of thousands of deaths. Closing arguments are expected this week for an opioid-related trial in Washington.
Keyes described West Virginia, one of the poorest U.S. states, as the “epicenter of the opioid crisis in the U.S.” More people have died of overdoses in the state per capita than any other, all while the state has been grappling with a loss of jobs from the declining coal industry. West Virginia was one of the only U.S. states to lose population during the 2020 U.S. census.
But while she said there is a relationship between poverty and unemployment and drug deaths, the number of prescription drugs present in communities makes a much greater impact.
“Economic factors certainly are important and certainly play a role and we should be paying attention to those, but the opioid supply is by far the predominant risk factor,” she said.
Keyes said she’d cited at least 400 scientific papers in her research preparing for trial. One 2021 studyreviewing opioid shipments to retail pharmacies across the country showed that Mingo County, West Virginia, had the highest rate of per capita pill volume in the country in 2008. The county saw an influx of 372 pills per capita, compared with a population-weighted national average of around 35.
Lawyers representing the pharmaceutical companies said West Virginia has greater rates of prescription drug use across the board. They also said there are higher rates of individuals who are diagnosed with chronic pain conditions in the state compared with the national average, a statistic likely related to the higher number of people working jobs that require manual labor.
During her testimony, Keyes said that the wave of prescription opioids drove a tsunami of drug dependence and prescription opioid-related overdose deaths. As the number of people being prescribed opioids decreased, people turned to heroin and fentanyl.
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https://cw33.com/health/ap-health/epidemiologist-drug-supply-fueled-wva-crisis-over-poverty/
| 2022-04-13T14:29:30Z
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NEW YORK, May 25, 2022 /PRNewswire/ -- Rowley Law PLLC is investigating potential securities law violations by PCSB Financial Corporation (NASDAQ: PCSB) and its board of directors concerning the proposed acquisition of the company by Brookline Bancorp, Inc. (NASDAQ: BRKL). Stockholders will receive $22.00 in cash or 1.3284 shares of Brookline Bancorp common stock for each share of PCSB Financial Corporation stock that they hold. The transaction is valued at approximately $313 million and is expected to close in the second half of 2022.
If you are a stockholder of PCSB Financial Corporation and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/pcsb/. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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| 2022-05-25T21:06:27Z
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TORONTO, Aug. 11, 2022 /PRNewswire/ - Quarterhill Inc. ("Quarterhill" or the "Company") (TSX: QTRH) (OTCQX: QTRHF) a leading provider of tolling and enforcement solutions in the Intelligent Transportation System ("ITS") industry, as well as, through its Wi-LAN Inc. ("WiLAN") subsidiary, a leader in Intellectual Property licensing, announces its financial results for the three- and six-month periods ended June 30, 2022. All financial information in this press release is reported in Canadian dollars, unless otherwise indicated.
- Consolidated Revenue was $43.9 million
- Consolidated Adjusted EBITDA1 was ($9.0) million
- Cash, cash equivalents, and short-term investments were $122.9 million at June 30, 2022
- Working capital2 was $138.1 million at June 30, 2022
- Appointed Kim Stevenson to the board
- Appointed John Karnes as Quarterhill's Chief Financial Officer
- Appointed Andrew Parolin as WiLAN's Chief Executive Officer
"Q2 was a mixed quarter with revenue more than doubling, expected revenue backlog3 in the ITS segment reaching a record level of US$573.0 million and our cash on the balance sheet growing to more than $120.0 million. At the same time, the slower ramp with certain ITS project implementations and delays in new contract awards continued to persist, which impacted the quarter's overall level of revenue growth and margin performance," said Bret Kidd, CEO at Quarterhill. "The factors impacting project implementations were primarily shifts in customer priorities and preferences that can occur in the early stages of a large infrastructure project, labour scarcity and supply-chain disruptions. Fortunately, we saw some of these factors begin to abate towards the end of the quarter with resultant progress seen with certain key implementations."
"Including Q3, our ITS business has signed contracts totaling more than US$345.0 million in value in the past 18 months and what we've seen here so far in 2022 are some of the challenges of launching a significant level of activity in an economic environment characterized by tight access to materials and labour and rising prices in general."
"We expect our top-line and margin performance to improve in the future. These are long-term infrastructure projects with stable customers and important public policy objectives, designed to deliver a valuable set of services and outcomes for decades to come. Further, these are projects that would continue to move forward should the economy enter a prolonged recession. In summary, with the significant contract wins we have completed in the past 18 months, the liftoff we are now seeing in certain of our implementation-stage projects and the new project awards that we expect to be made in the next several quarters, we believe that our ITS model for revenue growth and margin expansion remains firmly in place."
Mr. Kidd added: "WiLAN, our licensing business, completed several license agreements in Q2, building on its strong Q1 results. On a year-to-date basis, WiLAN's results reflect its cash flow generating potential and build on its long-term track record for doing so. The strategic review process for WiLAN remains ongoing and we will announce material developments in due course."
The Board of Directors has declared an eligible quarterly dividend of $0.0125 per common share payable on October 7, 2022, to shareholders of record on September 9, 2022.
Quarterhill's revenue is broadly segmented into ITS, reflecting the IRD and ETC businesses, and Licensing, reflecting the WiLAN business. ETC was acquired September 1, 2021 and as a result, the comparative financial statements for the three and six months ended June 30, 2021 do not include results from ETC.
Quarterhill's Management's Discussion and Analysis and financial statements for the three and six months ended June 30, 2022 ("Q2 2022" and "2022 year-to-date") are available at the Company's website and at its profile at SEDAR.
Consolidated revenues for the three and six months ended June 30, 2022 were $43.9 million and $212.4 million, compared to $18.9 million and $38.2 million in the same periods of the prior year. ITS revenue has increased in 2022 due primarily to the acquisition of ETC in September 2021. WiLAN's revenue increased in Q2 2022 and the 2022 year-to-date period due to stronger license activity than in the prior year periods. The majority of WiLAN's licenses are generally one-time in nature and significant fluctuations in revenue, gross margin, and Adjusted EBITDA can result when the volume or dollar value of licenses changes from one period to the next.
Gross margin percent2 for the three and six months ended June 30, 2022 was 13% and 46%, compared to 18% and 26% in the same periods of the prior year. Gross margin in the ITS segment was 15% in Q2 2022 compared to 37% in Q2 2021. ITS margins reflect the addition of the ETC business and may fluctuate on a quarterly basis depending primarily on the nature, and stage, of projects underway during the period, their related margin profile and the timing for which associated costs and revenue are recognized. Licensing gross margin in the quarter was negative 3% compared to negative 177% in Q2 2021. For the 2022 year-to-date period, licensing gross margin was 60% compared to negative 12% in the same period last year. Licensing gross margin will fluctuate depending primarily on the level of litigation and contingent legal and partner costs incurred in a respective period relative to revenue generated.
Operating expenses include selling, general and administrative costs ("SG&A"), research and development costs ("R&D"), depreciation and amortization and other charges. Operating expenses for the three and six months ended June 30, 2022 were $37.4 million and $59.2 million, compared to $12.2 million and $24.7 million in the same periods of the prior year. Operating expenses for Q2 2022 and the 2022 year-to-date period included a one-time $14.6 million charge to settle litigation and arbitration disputes with the former owners of VIZIYA. Operating expenses have increased in 2022 due primarily to the addition of expenses from the acquisition of ETC in September 2021 as well as inflationary pressures on materials and personnel experienced in 2022.
Consolidated Adjusted EBITDA1 for the three and six months ended June 30, 2022 was negative $9.0 million and $70.1 million, compared to negative $3.2 million and negative $3.4 million in the same periods of the prior year. Q2 2022 consolidated Adjusted EBITDA decreased year-over-year due primarily to a greater portion of ITS revenue coming from implementation-stage projects as lower gross margin is generated at that phase of the project, lower revenue due to implementation delays on certain ITS projects and the higher cost of materials and personnel in the current inflationary environment. Consolidated Adjusted EBITDA1 for the 2022 year-to-date period increased year-over-year due to the strong performance in Q1 2022 from the licensing business.
Net income (loss) for the three and six months ended June 30, 2022 was ($23.8) million, or ($0.21) per diluted share, and $33.1 million, or $0.25 per diluted share, compared to ($6.4) million, or ($0.06) per diluted share, and ($10.7) million, or ($0.09) per diluted share, in the same periods of the prior year.
Cash generated from (used in) operations for the three and six months ended June 30, 2022 was $77.8 million and $68.6 million, compared to $1.7 million and ($4.1) million in the same periods of the prior year. Cash and cash equivalents and short-term investments were $122.9 million at June 30, 2022, compared to $72.6 million at December 31, 2021. Working capital at June 30, 2022, was $138.1 million compared to $105.1 million at December 31, 2021.
Quarterhill will host a conference call to discuss its financial results today at 10:00 AM Eastern Time.
Webcast Information
The live audio webcast will be available at:
https://app.webinar.net/38vZ7ERG16j
Dial-in Information
- To access the call from Canada and U.S., dial 1.888.220.8474 (Toll Free)
- To access the call from other locations, dial 1.647.484.0475 (International)
Replay Information
Webcast replay will be available for 365 days at:
https://app.webinar.net/38vZ7ERG16j
Telephone replay will be available until 11:59 p.m. Eastern Daylight Time on August 18, 2022 at: 1.888.203.1112 (Toll Free North America) or 1.647.436.0148 (International).The telephone replay requires the passcode 7443681.
Quarterhill uses both IFRS and certain non-IFRS financial measures to assess performance. Non-IFRS financial measures are financial measures disclosed by a company that (a) depict historical or expected future financial performance, financial position or cash flow of a company, (b) with respect to their composition, exclude amounts that are included in, or include amounts that are excluded from the composition of the most directly comparable financial measure disclosed in the primary financial statements of the company, (c) are not disclosed in the financial statements of the company and (d) are not a ratio, fraction, percentage or similar representation. Non-IFRS ratios are financial measures disclosed by a company that are in the form of a ratio, fraction, percentage or similar representation that has a non-IFRS financial measure as one or more of its components, and that are not disclosed in the financial statements of the company.
These non-IFRS financial measures and non-IFRS ratios are not standardized financial measures under IFRS, and, therefore, are unlikely to be comparable to similar financial measures presented by other companies. Management believes these non-IFRS financial measures and non-IFRS ratios provide transparent and useful supplemental information to help investors evaluate our financial performance, financial condition, and liquidity using the same measures as management. These non-IFRS financial measures and non-IFRS ratios should not be considered as a substitute for, or superior to, measures of financial performance prepared in accordance with IFRS.
Adjusted EBITDA - Non-IFRS Financial Measures
We use the non-IFRS financial measure "Adjusted EBITDA" to mean net (loss) income adjusted for (i) income taxes, (ii) finance expense or income; (iii) amortization and impairment of intangibles; (iv) other charges and other on-time items; (v) depreciation of right-of-use assets and property, plant and equipment; (vi) stock-based compensation; (vii) foreign exchange (gain) loss; and (viii) other income which includes equity in earnings from joint ventures, and (ix) dividends received from joint ventures. Adjusted EBITDA is used by our management to assess our normalized cash generated on a consolidated basis and in our operating segments. Adjusted EBITDA is also a performance measure that may be used by investors to analyze the cash generated by Quarterhill and our operating segments. Adjusted EBITDA should not be interpreted as an alternative to net loss and cash flows from operations as determined in accordance with IFRS or as measure of liquidity. The most directly comparable IFRS financial measure is Net (loss) income.
Adjusted EBITDA per share – Non-IFRS ratio
Adjusted EBITDA per share is calculated as Adjusted EBITDA divided by the basic weighted average of common shares. Adjusted EBITDA per share is used by our management and investors to analyze cash generated by Quarterhill on a per share basis. The most comparable IFRS measure is earnings per share.
Backlog - Non-IFRS Financial Measures
We use the non-IFRS measure "backlog" to mean the total value of work that has not yet been completed but that in management's experience of similar situations has: (a) a high certainty of being performed pursuant to existing contracts or work orders specifying job scope, value and timing; (b) an expectation of expansion of existing contracts due to expected extensions; and/or (c) been awarded to one or more of our ITS operating subsidiaries as evidenced by a binding contract or where the finalization of a binding contract is reasonably assured. Activities under such contracts may cover a period of up to 15 years. We do not include in "backlog", the value of any expected but unsigned change orders that management considers may apply to such contracts.
Supplementary financial measures are financial measures disclosed by a company that (a) are, or are intended to be, disclosed on a periodic basis to depict the historical or expected future financial performance, financial position or cash flow of a company (b) are not disclosed in the financial statement of the company, (c) are not non-IFRS financial measures, and (d) are not non-IFRS ratios.
Key supplementary measures disclosed are as follows:
Gross margin %
Calculated as gross profit as a percentage of revenue.
Working capital
Calculated as total current assets minus total current liabilities.
Quarterhill is a leading provider of tolling and enforcement solutions in the Intelligent Transportation System (ITS) industry, as well as, through its Wi-LAN Inc. subsidiary, a leader in Intellectual Property licensing. Our goal is global leadership in ITS, via organic growth of the Electronic Transaction Consultants, LLC (ETC) and International Road Dynamics, Inc. (IRD) platforms, and by continuing an acquisition-oriented investment strategy that capitalizes on attractive growth opportunities within ITS and its adjacent markets. Quarterhill is listed on the TSX under the symbol QTRH and on the OTCQX Best Market under the symbol QTRHF. For more information: www.quarterhill.com
This news release contains forward-looking statements regarding Quarterhill, its operating subsidiaries and their respective businesses. Forward-looking statements are based on estimates and assumptions made by Quarterhill in light of its experience and its perception of historical trends, current conditions, expected future developments and the expected effects of new business strategies, as well as other factors that Quarterhill believes are appropriate in the circumstances. The forward-looking events and circumstances discussed herein may not occur and could differ materially as a result of known and unknown risk factors and uncertainties affecting Quarterhill, including: potential risks and uncertainties relating to the ultimate geographic spread of the novel coronavirus ("COVID-19"); the severity of the disease; the duration of the COVID-19 outbreak; actions that may be taken by governmental authorities to contain the COVID-19 outbreak or to treat its impact; the potential negative impacts of COVID-19 on the global economy and financial markets and any resulting impact on Quarterhill, its operating subsidiaries and/or their respective businesses. Other factors include, without limitation, the risks described in Quarterhill's March 20, 2022 annual information form for the year ended December 31, 2021 (the "AIF"). In addition, readers are also urged to review the additional risk factors disclosed in our Management's Discussion and Analysis for our three months ended June 30, 2022 filed today on www.sedar.com. Quarterhill recommends that readers review and consider all of these risk factors and notes that readers should not place undue reliance on any of Quarterhill's forward-looking statements. Quarterhill has no intention, and undertakes no obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
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SOURCE Quarterhill Inc.
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https://www.mysuncoast.com/prnewswire/2022/08/11/quarterhill-announces-q2-fiscal-2022-financial-results/
| 2022-08-11T11:16:53Z
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Vikings get big pass-rush boost with Hunter’s healthy return
By DAVE CAMPBELL
AP Pro Football Writer
EAGAN, Minn. (AP) — Danielle Hunter is in reinvention mode this year with the Minnesota Vikings. He became the youngest player in NFL history to reach 50 sacks about 2 1/2 years ago. Since then he has had consecutive seasons wrecked by injury. The size of Hunter’s contract created a question about whether he’d return to the Vikings this year. They found a way to bring him back and sign Za’Darius Smith to form a potent pass-rushing duo in their new 3-4 defense.
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https://localnews8.com/sports/ap-national-sports/2022/05/17/vikings-get-big-pass-rush-boost-with-hunters-healthy-return/
| 2022-05-18T01:45:07Z
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NEW YORK, June 30, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Tupperware Brands Corporation ("Tupperware" or the "Company") (NYSE: TUP) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Tupperware investors who were adversely affected by alleged securities fraud between November 3, 2021 and May 3, 2022. Follow the link below to get more information and be contacted by a member of our team:
TUP investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware's full-year 2022 guidance was unrealistic and/or unsustainable; (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware's financial condition; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Tupperware during the relevant time frame, you have until August 15, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
View original content to download multimedia:
SOURCE Levi & Korsinsky, LLP
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https://www.kxii.com/prnewswire/2022/06/30/tup-lawsuit-alert-levi-amp-korsinsky-notifies-tupperware-brands-corporation-investors-class-action-lawsuit-upcoming-deadline/
| 2022-06-30T11:13:46Z
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HO CHI MINH CITY, Vietnam, June 30, 2022 /PRNewswire/ -- Toc Tien, Touliver and Mew Amazing - three talented artists of Vietnamese music industry - collaborated in the product "Mot cong toc mai" ("A sideburn"), released on the evening of June 30.
Watch their Music Video on YouTube here: https://www.youtube.com/watch?v=h_xLRrwDric
The song "Mot cong toc mai" marks the first collaboration between Toc Tien and Touliver after their marriage. This is a Dance song, based on their strength, when Toc Tien shows off her voice on a vibrant music backgr ound. And Touliver brought out the best of him in the color of electronic music and showed his distinctive features in the way he placed the bassline and electric guitar sound.
Two distinctive personalities of the Vietnamese music market have joined forces to create a different music product. In the context that the majority of Vietnamese audiences still love Ballad songs and Pop Ballad songs, Toc Tien and Touliver have reversed their tastes, accepting trade-offs to fully express their musical personality, thereby merging with the modern flow of the music world.
The difference of "Mot cong toc mai" also comes from Mew Amazing - who wrote the lyrics and melody for the song. Mew Amazing's songs always show her innovative thinking, subtly insert satirical elements, reflecting society. With "Mot cong toc mai", Mew Amazing conveys the message that girls must have the courage to overcome the pain after a breakup.
That is reflected in the sentences: "Since you left forever / Made me a failure / The sadness in me is only as long as a sideburn / I hope you look back once / Behind you, the people who stayed / Me and your ex / Your ex and the girl before her / Ain't nobody cry".
MV "Mot cong toc mai" has the presence of Chau Bui - a popular fashionista of Vietnamese youth. Kien Ung - a member of SpaceSpeakers - plays the role of MV director. MV "Mot cong toc mai" is a spectacular set of scenes, continuously changing scenes to follow the speed of the song.
The beginning of the MV is the torment and suffering of Toc Tien when being betrayed by the person she loves. After that, the guy constantly "flirts" with the next girls, in front of Toc Tien. In the end, the four girls get together and teach the guy a lesson about the betrayal in love. The MV ends with a scene where the girls are dressed elegantly, with heavenly charisma when they do not belong to any man.
Toc Tien appeared in the MV in many different images. There is a scene where Toc Tien "shows off" her body and curves. The female singer also performed choreography on the vibrant music background of the MV.
The MV shows the audience what is the strongest and most characteristic of Toc Tien. Previously, the female singer collaborated with Touliver to create the product "Tomorrow" that left a special impression on Vietnamese audiences. Toc Tien has tried all genres from Ballad, Pop Ballad, to Pop and all succeeded.
Toc Tien is a popular female singer of Vietnamese music with nearly 20 years of experience. She had a breakthrough with the domestic audience from the gameshow The Remix in 2015. Over the years, Toc Tien affirmed the position of the top female singer, through many hits that attracted tens of millions of views. Toc Tien also sat as a coach at The Voice Vietnam in 2018 and impressed with her professional ability.
Meanwhile, Touliver is the leader of SpaceSpeakers - the most popular music organization in Vietnam today. He is a pioneer DJ/Producer in bringing electronic music to the Vietnamese market. Apart from Toc Tien, Touliver showed a special influence with the success of many Vietnamese singers, including JustaTee, Binz and SOOBIN.
The combination of the duo Toc Tien and Touliver is always a breakthrough, which is supported by the Vietnamese music lovers. Besides, the fact that they both built a family together in early 2020 also made the public especially interested, becoming the most influential Vietnamese married celebrity couple in the market. Now, Toc Tien and Touliver are in the leading position in the Vietnamese music industry, and the quality and difference of "Mot cong toc mai" have proved it even more.
Media Contact:
Duy My
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SOURCE SpaceSpeakers Group JSC
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https://www.wibw.com/prnewswire/2022/06/30/toc-tien-touliver-go-against-vietnamese-music-trend-releasing-mv-mot-cong-toc-mai/
| 2022-06-30T14:09:11Z
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NEW YORK, June 9, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Okta, Inc. ("Okta" or the "Company") (NASDAQ: OKTA) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Okta investors who were adversely affected by alleged securities fraud between March 5, 2021 and March 22, 2022. Follow the link below to get more information and be contacted by a member of our team:
OKTA investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) 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.
WHAT'S NEXT? If you suffered a loss in Okta during the relevant time frame, you have until July 19, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
View original content to download multimedia:
SOURCE Levi & Korsinsky, LLP
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https://www.mysuncoast.com/prnewswire/2022/06/09/okta-lawsuit-alert-levi-amp-korsinsky-notifies-okta-inc-investors-class-action-lawsuit-upcoming-deadline/
| 2022-06-09T11:08:41Z
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PITTSBURGH, May 31, 2022 /PRNewswire/ -- "I wanted to create a tool to easily reach, cut and retrieve a dead lily pad from a pond," said an inventor, from Cincinnati, Ohio, "so I invented the LILY PAD SNIPPER. My design would offer an alternative to struggling with multiple tools."
The patent-pending invention provides an improved way to cut and retrieve a dead lily pad within a pond. In doing so, it eliminates the need to enter the pond. As a result, it enhances safety and efficiency and it could help to promote new healthy growth. The invention features an effective design that is easy to use so it is ideal for households, gardeners, landscapers, businesses with water features, etc. Additionally, it is producible in design variations and a prototype model is available upon request.
The original design was submitted to the Cincinnati sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CCT-4644, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp
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https://www.mysuncoast.com/prnewswire/2022/05/31/inventhelp-inventor-develops-cuttingretrieval-tool-lily-pads-cct-4644/
| 2022-05-31T16:44:41Z
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User experience a driving factor in new functionality and solutions developed across Hyland's product portfolio
CLEVELAND, June 29, 2022 /PRNewswire/ -- Hyland, recognized by Gartner as a content services industry leader for 12 consecutive years, has launched its latest product enhancements and innovative solutions that will help its customers in their digital evolution journeys.
The new product functionality, which encompasses an array of Hyland's content services offerings, empower organizations to advance employee and customer experience initiatives while benefiting from improved platform scalability, administration and user interface enhancements.
"Hyland continues to identify ways to enhance our product suite and develop new solutions to drive our customers' digital transformations forward," said John Phelan, executive vice president and chief product officer at Hyland. "These latest enhancements are no different, with a broad set of applications across both our platform-level offerings and industry-specific applications. These features meet our goal of providing our customers around the globe with the most flexible and configurable cloud content services solutions."
SAP SuccessFactors integration: Hyland's new OnBase integration for SAP SuccessFactors leverages a leading content services platform to connect HR content to corresponding employee data. Customers can use the integration to solve several business challenges, including general employee HR administration, HR onboarding, document compliance and more.
The OnBase integration for SAP SuccessFactors removes document silos and improves HR processes by providing content management capabilities directly from within the SAP SuccessFactors user interface. With simple clicks within a modern interface, SAP SuccessFactors users can capture and view employee documents, execute document tasks through workflows, and store content in OnBase – all without ever leaving the SAP SuccessFactors application.
Alfresco: New enhancements across Hyland's Alfresco platform are focused across the user experience — including Alfresco Digital Workspace, Mobile Workspace and Desktop Sync — and provide a range of options for delivering engaging user experiences that present relevant content in the appropriate context.
Other updates include:
- New options for content-centric workflows and event-based form validation that enable organizations to automate tedious manual tasks, standardize decision-making and improve results
- Improvements on industry-leading governance tools that simplify administration and provide enhanced security controls to ensure that sensitive or proprietary content is protected from unauthorized or inappropriate access
Nuxeo: New features in Hyland's Nuxeo Platform are also focused on user experience and security, as the Compound Documents enhancement allows end users to deal with compound documents out of the box without having to write scripts. Meanwhile, Content Redaction provides additional security for sensitive information while still being able to share most of a document – making it perfect for case management or document management.
Meanwhile, Append with Bulk Edit provides more editing options for multivalued properties, making it easier and faster to edit without duplicating efforts.
Additional features now available for Hyland customers include an update to PACSgear Enterprise, Hyland Healthcare's enterprise imaging solution, which now supports chromium-based browsers and has increased flexibility for customers' web-based applications. Within the solution, Image Link DICOM Modality Worklist streamlines encounter-based workflow by associating critical metadata for better image management and clinical visibility.
Customers now can deploy Hyland's Content Composer solution for customer communications management (CCM) in the Hyland Cloud. This release also enables customers to derive even further value from using the product with Splunk and OnBase while remaining confident that Content Composer continues to support new versions of popular Microsoft products.
For more information about the newest enhancement to Hyland content services, visit Hyland.com.
Hyland is a leading content services provider that enables thousands of organizations to deliver better experiences to the people they serve. Find us at Hyland.com.
Media contact:
Joel Hammond
+1 216.213.2126
Joel.hammond@hyland.com
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SOURCE Hyland
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https://www.kxii.com/prnewswire/2022/06/29/hyland-releases-latest-content-services-product-enhancements-including-new-integration-with-sap-successfactors/
| 2022-06-29T12:21:23Z
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76 Devcorp begins a robust community engagement process to help ensure proposed arena development is a win for fans, Center City and Philadelphia at large
PHILADELPHIA, July 22, 2022 /PRNewswire/ -- Josh Harris and David Blitzer, Managing Partners of the Philadelphia 76ers, announced today the creation of a new development company, 76 Devcorp, responsible for developing the future home of the Philadelphia 76ers. Led by Philadelphia business leader David Adelman, in partnership with Harris Blitzer Sports Entertainment (HBSE), the Development Corporation is pursuing a privately-funded, purpose-built sports and entertainment arena, 76 Place, that will be located on a portion of the current site of Fashion District Philadelphia and serve as an anchor to Center City.
"The Philadelphia 76ers are a storied Philadelphia institution with a proven track record of investing in their community. That's why we're committed to building a world-class home in the heart of the City and creating a privately-funded arena that strengthens ties within the local community through investments that prioritize equity, inclusivity and accessibility," said Josh Harris, 76ers Managing Partner. "David Adelman shares our vision for ensuring that the new arena is an anchoring force in the local community, creating well-paying jobs and economic opportunities for those who need them most."
Adelman, the CEO of Campus Apartments, Co-Founder of FS Investments and Founder of Darco Capital, was appointed Chairman of the new development company with a mandate to locate, design and develop a destination that serves as a world-class arena facility, but also a lever for the City of Philadelphia's economic growth by promoting transformative community development, local job creation and equitable wealth-building opportunities. He was selected to lead the development project for his globally acclaimed accomplishments in real estate development in Philadelphia and nationwide, as well as his dedication to local philanthropy and investments in Philadelphia startups.
"The Philadelphia 76ers' extensive evaluation of potential sites for an arena over the past two years culminates today with plans to pursue the Fashion District Philadelphia site as the proposed new home of the team," said Adelman. "The chosen location is a key step in the process of developing a destination that provides Center City and surrounding communities with an economic engine generating activity through 76ers and youth games, concerts, events and more."
76 Devcorp carefully evaluated numerous potential sites before determining Fashion District Philadelphia as its preferred location. The site was selected primarily due to it being the most transit-rich location in all of Philadelphia, the ability to redevelop an existing commercial space, and the opportunity to play a role in the continued revitalization of Center City.
The Development Corporation will partner closely with Macerich (NYSE:MAC), the managing partner of the owning entities and operator of Fashion District Philadelphia, to realize the full potential of the site. "At Macerich, we are constantly enhancing our properties to bring greater value to our shareholders, retailers and communities," said Tom O'Hern, CEO of Macerich. "The decision to repurpose part of Fashion District Philadelphia to include the new 76ers arena is a natural evolution of the site and a unique and once in a lifetime opportunity for our company. We are committed to working collaboratively with 76 Devcorp to bring to life the vision of this iconic development that will ensure Philadelphia's vibrancy for generations to come."
A robust community engagement process is planned to ensure community interests help drive the plans for the proposed development and that it fits within the context of surrounding communities, while also being responsive to the needs of adjacent neighborhoods. In the spirit of this project being mutually beneficial for the Sixers and the broader Philadelphia community, 76 Devcorp anticipates partnering with surrounding community development groups to create a Community Benefits Agreement that ensures the forthcoming arena has a positive impact from the start of construction to opening and beyond.
"Our pledge is to advance equitable, community-driven revitalization through this project and to ensure the arena is a win for fans, Philadelphia and the surrounding communities," said David Gould, 76ers Chief Diversity and Impact Officer. "We look forward to listening to and working with the local community, including local organizations, businesses and residents, especially in Chinatown and Washington Square West, to develop a Community Benefits Agreement that results in long-term positive impact."
Led by HBSE's $20 million commitment to address disparities created by systemic racism, the Development Corporation is committed to investing in under-resourced communities to advance equitable, community-driven revitalization. A major tenet of the project will be equitable development, bringing community members to the table via new jobs and co-development roles. 76 Devcorp will collaborate with Mosaic Development Partners, a Black-owned, Philadelphia-based real estate development company with experience in affordable housing and inclusive communities. In January, Josh Harris invested $10 million into Mosaic Development Partners to support their innovative work to expand equitable development across Philadelphia communities.
The new, privately-funded arena is anticipated to cost approximately $1.3 billion. The arena will provide $1.9 billion in overall economic output during construction and $400 million annually upon opening to support Philadelphia's long-term economic growth and sustainability.
"We're excited for the opportunity to build the future home of the 76ers in Center City," said David Blitzer, 76ers Co-Managing Partner. "I look forward to working with David Adelman and his team to develop and build an impactful arena for our fans, our players and the City of Philadelphia."
The development will be completed in time for the 2031-2032 NBA season. Ground-breaking for the proposed project is not expected for several years. The general public and fans can stay up to date on the progress of the development project by visiting 76Place.com.
"Quite simply put, there is no better place to build an arena in Philadelphia than in Center City, with its robust public transit infrastructure and existing dynamic businesses eager to serve fans and visitors alike. 76 Devcorp is inspired by many successful sports and entertainment arenas built in dense urban centers that promote integration with the surrounding communities. We're dedicated to making sure this development is a win for our fans and Philadelphia at large," said Adelman.
Macerich is a fully integrated, self-managed and self-administered real estate investment trust (REIT). As a leading owner, operator and developer of high-quality retail real estate in densely populated and attractive U.S. markets, Macerich's portfolio is concentrated in California, the Pacific Northwest, Phoenix/Scottsdale, and the Metro New York to Washington, D.C. corridor.
Developing and managing properties that serve as community cornerstones, Macerich currently owns 48 million square feet of real estate consisting primarily of interests in 44 regional town centers. Macerich is firmly dedicated to advancing environmental goals, social good and sound corporate governance. A recognized leader in sustainability, Macerich has achieved a #1 GRESB ranking for the North American retail sector for seven straight years (2015-2021). For more information, please visit www.Macerich.com.
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SOURCE Macerich Company
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https://www.mysuncoast.com/prnewswire/2022/07/22/philadelphia-76ers-announce-entrepreneur-david-adelman-lead-new-arena-development-pursuing-privately-funded-development-fashion-district-philadelphia-site/
| 2022-07-22T11:27:17Z
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The second annual Bloomberg New Economy Catalysts cohort hails from 16 different countries and regions, accelerating key breakthroughs across Africa, Europe, Latin America, the Middle East and North America
Meet the class of 2022 HERE
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Today, Bloomberg announced the 2022 class of Bloomberg New Economy Catalysts, a distinctive global group of breakthrough innovators, visionaries, scientists, policymakers and entrepreneurs, who are inventing possibilities for a more inclusive and prosperous world. Launched in 2021, the community is both a celebration of and launchpad for ideas, providing access to a growing thinktank of influential leaders and opportunities. These 28 individuals from 16 different countries and regions will convene regularly in the coming months and at the fifth annual flagship Bloomberg New Economy Forum, this November in Singapore.
Bloomberg's Editorial team selected this standout group from more than 300 nominations, based on impact in one of six key areas: Agriculture: Feeding the World; The Green Transition: Transport, Industry & Energy; Digital Finance: Inclusive Growth; Life sciences: Future of Health; Learning: Fulfilling Human Potential; Space: Improving Life on Earth. You can find out more about these areas and the selection process here.
"The new class of Bloomberg New Economy Catalysts are brilliant innovators and thinkers who are reshaping economies and societies with their bold ideas - and their determination to put those ideas into practice. They've been selected for the tangible impact they have each had already - and for what they might collectively achieve in the future as a dynamic global community," said Stephanie Flanders, Senior Executive Editor for Economics and Government at Bloomberg and Editorial Chair of New Economy.
The 2022 Class of Catalysts are:
- Wemimo Abbey, Co-Chief Executive Officer, Esusu: helps low to moderate income households use their on time rent payments to build credit (United States)
- Omar Abudayyeh, McGovern Fellow and Principal Investigator, Abudayyeh-Gootenberg Lab at the Massachusetts Institute of Technology: developing novel molecular tools, including for gene editing, gene delivery, and cell engineering, by harnessing natural proteins in nature, such as from bacteria plants, and animals (United States)
- Tülin Akın, Founder, Tabit Smart Farm: improving agricultural yield and profits by providing farmers with government backed research on crops, weather and market prices, as well as access to financial services (Turkey)
- Jun Asakawa, Co-Founder and Chief Executive Officer, Pale Blue: seeking to disrupt the space propulsion industry by using water propellant to offer the world's safest high performance spacecraft thruster (Japan)
- Anna Luísa Beserra, Founder and Chief Executive Officer, Sustainable Development & Water For All - SDW: developing technologies that make access to water and sanitation a universal right (Brazil)
- Carrie Chan, Chief Executive Officer and Co-Founder, Avant: producing nutritious, high-quality cuts of fish and functional marine proteins directly from fish cells to aid the marine ecosystem and prevent biodiversity destruction (Hong Kong SAR, China)
- Asrar Damdam, Founder and Chief Executive Officer, Uvera Inc: utilizing breakthrough technology to tackle global food waste, with goals to halve it by 2030 (Saudi Arabia)
- Odunayo Eweniyi, Co-Founder and Chief Operating Officer, PiggyVest: providing a digital platform for the democratization and accessibility of financial services (Nigeria)
- Azeez Gupta, Co-Founder, Rocket Learning: catalyzing the world's largest early childhood education system, by connecting the government system with parents and driving community change by systemically leveraging technology, media, and social incentives (India)
- Devendra Gupta, Co-Founder and Chief Executive Officer, Ecozen Solutions Pvt: Ecozen develops climate-smart deep-tech solutions and has revolutionized agricultural irrigation and cold chains (India)
- Andrés Gutiérrez, Chief Executive Officer and Co-Founder, Tpaga: providing an online payment and financial services platform that is accessible to the 400 million Latin Americans who are unbanked (Colombia)
- Nadine Hachach-Haram, Founder and Chief Executive Officer, Proximie: a software platform that allows physicians and medical device experts to virtually scrub-in to any clinical setting to share their skills or learn from others, leading to better patient care (United Kingdom)
- Angel Hsu, Founder and Director, Data-Driven EnviroLab: an interdisciplinary research group composed of policy experts, data scientists, visual designers, and interactive programmers that use cutting edge data analytics to create solutions to the world's environmental problems (United States)
- Gibran Huzaifah, Chief Executive Officer, eFishery: a digital cooperative for fish and shrimp farmers that provide IoT- and data-driven solutions from smart-feeding devices, financing, input distribution and access to the market (Indonesia)
- Emiliano Kargieman, Chief Executive Officer and Co-Founder, Satellogic: making quality Earth observation data more accessible and more affordable to decision makers at community, regional, and global levels to address changing ground conditions in as close to real-time as possible (Spain)
- Edu Lyra, Chief Executive Officer and Co-Founder, Gerando Falcões: an ecosystem aimed at ending poverty in favelas (slums) of Brazil by focusing on three main pillars: education, social networks and Favela 3D: a multidimensional solution to the multidimensional poverty issue in favelas (Brazil)
- Tamer Mohamed, Co-Founder and Chief Executive Officer, Aspect Biosystems: combining the incredible power of cells with proprietary biomaterials, bioprinting technology, and computational design to create a new class of therapeutics to transform how we treat disease (Canada)
- Olugbenga Olubanjo Olufemi, Founder and Chief Executive Officer, Reeddi: providing clean, reliable and affordable electricity to households and businesses in the energy-poor regions of the world (Nigeria)
- Aneri Pradhan, Chief Operating Officer, New Energy Nexus: supports globally diverse entrepreneurs accelerating clean energy solutions with the goal of reaching 100,000 entrepreneurs by 2030 - a solutions movement that benefits 100% of the population in the shortest time possible (Germany)
- Abhilasha Purwar, Founder and Chief Executive Officer, Blue Sky Analytics: using satellite data & AI to build a comprehensive global catalog of high-resolution environmental and climate intelligence targeted at carbon markets, climate risk, and ESG investing to enable global organizations to lead in climate action and together, save the planet. (India)
- Taynaah Reis, Chief Executive Officer, Moeda Seeds Bank: offers banking, payments and micro loans via blockchain with opportunities to build creditworthiness and reputation (Brazil)
- Gregory Rockson, Co-Founder and Chief Executive Officer, mPharma: connecting and empowering an inclusive universal medical coverage infrastructure in Africa by making access to healthcare affordable and safe (Ghana)
- Alexis Rovner, Chief Executive Officer and Co-Founder, 64 x Bio:a synthetic biology company using novel high-throughput genome engineering and screening technologies to develop highly optimized cell lines for viral vector manufacturing, with a specific focus on cell and gene therapies (United States)
- Emma Sánchez Andrade Smith, Founder, Jefa: tackles the gender gap in access to financial services by providing fair and easy access to credit for women (Mexico)
- Flavia Tata Nardini, Chief Executive Officer and Co-Founder, Fleet Space Technologies: connecting the Earth, Moon and Mars by adopting sustainable, faster and economical exploration solutions (Australia)
- Anastasia Volkova, Chief Executive Officer, Regrow: offers the only global solution for measurement, monitoring, reporting and quantifying soil carbon and agricultural GHG emissions in order to rejuvenate the potential of agricultural soils and drive the transition to resilient agriculture globally (United States)
- Gloria Walton, President and Chief Executive Officer, The Solutions Project: is disrupting the status quo of philanthropy by scaling resources and shifting the dialogue to support climate justice solutions created by Black, Indigenous, immigrant, women, and People of Color-led organizations (United States)
- Amira Yahyaoui, Founder and Chief Executive Officer, Mos: reimagining banking for Gen Z to help students overcome financial barriers to pursue higher education (United States)
"Becoming a Bloomberg New Economy Catalyst is a true honor and recognition for the work we are doing in making financial services available to 100% of the population. Having the support of the Bloomberg community will allow us to connect, learn and scale beyond our current state as we strive to improve the lives of millions throughout Latam," said Andrés Gutiérrez, Chief Executive Officer and Co-Founder, Tpaga.
Three members of the 2021 Catalyst class have successfully IPO'd their companies and two Catalysts' ventures have become "Unicorns," going from startup to billion dollar valuation. The program has also created new business partnerships between Catalyst members. Earlier this year, Sam Bankman-Fried's FTX - a global crypto exchange valued at $32 billion - formed a partnership with Elizabeth Rossiello's AZA Finance - an African Fintech - to expand Web3 and digital currencies across Africa.
"The Bloomberg Catalyst program is one of the most expertly curated and impactful communities for founders and executives," said Elizabeth Rossiello, CEO and founder of AZA Finance. "The connections and initiatives created within its ranks are redefining finance, health, science, and more industries, across the globe. As a member of the inaugural 2021 Catalyst class, I am excited to welcome such an incredibly diverse and accomplished 2022 cohort."
Bloomberg provides a platform to scale and accelerate Catalyst's ideas by providing networking opportunities. Most notably, the 2022 Catalyst class will join Bloomberg's annual New Economy Forum convening in Singapore 14-17 November. In its fifth year, the Forum brings together the world's most influential CEOs, leaders, visionaries, scientists, entrepreneurs, and policymakers, and helps facilitate strategic business partnerships. Catalysts will also benefit from visibility, awareness and recognition across Bloomberg's multi-channel network reaching hundreds of millions; gain insight and perspective into cutting edge technologies and high-level policy and finance; and receive peer-to-peer leadership and mentoring throughout the year.
The Catalysts will convene at the Bloomberg New Economy Catalyst Retreat for a special day of programming at the Bloomberg New Economy Forum, which will focus on high-level discussions to develop solutions for a more sustainable and equitable economy.
For additional program and speaker details for Bloomberg New Economy Catalyst and the Bloomberg New Economy Forum visit www.bloombergneweconomy.com. Join the conversation on social media using #BloombergCatalysts and follow Bloomberg New Economy on Twitter, Facebook, and LinkedIn.
About Bloomberg
Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company's strength – delivering data, news and analytics through innovative technology, quickly and accurately – is at the core of the Bloomberg Terminal. Bloomberg's enterprise solutions build on the company's core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information, visit Bloomberg.com/company or request a demo.
About Bloomberg Media
Bloomberg Media is the world's leading multi-platform media company for business and finance, which draws on the editorial resources of more than 2,700 editorial professionals globally in more than 120 countries. Bloomberg Media is the consumer-facing media organization of Bloomberg L.P.
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https://www.wibw.com/prnewswire/2022/08/03/bloomberg-new-economy-announces-2022-catalysts-community-breakthrough-leaders-reshaping-global-agenda/
| 2022-08-03T14:21:04Z
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Leading multichannel commerce platform now offers integration access to Singapore-based marketplace
RESEARCH TRIANGLE PARK, N.C., Aug. 10, 2022 /PRNewswire/ -- ChannelAdvisor Corporation (NYSE: ECOM), a leading provider of cloud-based e-commerce solutions, today announced its integration with Shopee, the leading e-commerce platform in Southeast Asia and Taiwan that offers an easy, secure and engaging experience that is enjoyed by millions of people daily. Shopee enables businesses to digitalise and grow their online presence, helping more people access and benefit from digital services. Shopee is a part of Sea Limited (NYSE:SE), a leading global consumer internet company.
ChannelAdvisor's integration with Shopee allows ChannelAdvisor customers to reach new consumers by extending their multichannel commerce strategies to new markets in the Asia Pacific region, while leveraging the efficiencies of a centralized platform. Our proven solution gives brands and retailers the ability to:
- Transform product data to meet the unique requirements of each channel
- Optimize and manage product content from a centralized location
- Maximize reach without overselling by synchronizing inventory quantity across channels
- Consolidate orders in a unified view
- Identify growth opportunities with powerful reporting and dashboard analytics.
"We're excited to announce our integration with Shopee, which will provide ChannelAdvisor customers with access to millions of new buyers in Southeast Asia and beyond," said Derek Conlin, VP, Global Business Development at ChannelAdvisor. "Brands and retailers keen on accelerating growth of their online business should evaluate selling on Shopee to increase visibility and sales in Southeast Asia and Taiwan."
Click here to learn more about ChannelAdvisor's integration with Shopee.
For more details about ChannelAdvisor, visit ChannelAdvisor's blog, follow ChannelAdvisor on Twitter @ChannelAdvisor, like ChannelAdvisor on Facebook and connect with ChannelAdvisor on LinkedIn.
About ChannelAdvisor
ChannelAdvisor (NYSE: ECOM) is a leading multichannel commerce platform whose mission is to connect and optimize the world's commerce. For over two decades, ChannelAdvisor has helped brands and retailers worldwide improve their online performance by expanding sales channels, connecting with consumers across the entire buying cycle, optimizing their operations for peak performance, and providing actionable analytics to improve competitiveness. Thousands of customers depend on ChannelAdvisor to securely power their e-commerce operations on channels such as Amazon, eBay, Google, Facebook, Walmart, and hundreds more. For more information, visit www.channeladvisor.com.
ChannelAdvisor Media Contact
Caroline Riddle
caroline.riddle@channeladvisor.com
919-439-8026
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https://www.mysuncoast.com/prnewswire/2022/08/10/channeladvisor-announces-integration-with-shopee-leading-online-shopping-platform-southeast-asia-taiwan/
| 2022-08-10T21:37:01Z
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De Soto community holds balloon release to honor 13-year-old killed while riding bicycle
DE SOTO, Ks. (KCTV) - According to the Johnson County, Kansas Sheriff’s Office, a 13-year-old succumbed to injuries after she was killed in a tragic accident while riding a bicycle.
On Monday, Jaslene Galindo’s family members, friends and classmates gathered at the De Soto High School football field to share memories of her.
Several of her relatives thanked their community for supporting them as they grieve.
“She was my best friend. We went through a lot together,” friend Dayanara Gonzalez said. “I think the reason we became so close is because we understood each other in ways other people couldn’t.”
Several classmates spoke before the balloon release.
“She was always laughing,” friend Braelyn Billinger said. “You could never look at her without seeing a smile on her face or cracking a joke.”
Investigators say they were called around 6:00 p.m. on Friday, June 3rd, to an accident near Lexington Avenue and Wea Street. A spokesperson for the sheriff’s office said a preliminary investigation found a 13-year-old who was riding a bicycle was unable to stop at a stop sign and collided with a trailer pulled by a pick-up truck. Investigators determined the collision was an accident. No foul play is suspected.
“She was the person you would go to if you were sad or just needed a laugh,” friend Shaylee Christian said.
The Lexington Trails Middle School opened Monday to give students a place to gather to process and share memories of their friend with one another.
“She was a wonderful student,” teacher Shelby Stufflebean said. “Bright, smart, kind and caring. Very loved by staff and students alike.”
Stufflebean says many community members want to be there to show support for Galindo’s family.
“If they need anything, we are there for them,” Stufflebean said.
A counselor was available for anyone who wanted to speak with them.
“We all wanted to come to represent our friend. She was always there for us,” friend Ian Rocha said. “She really did mean a lot to all of us. She won’t be forgotten.”
Around 3:30 Monday afternoon, the crowd of classmates released balloons into the air.
“In honor of Jaslene,” friend Addison Bradley said. “We want everyone to know she was an important person.”
Friends of the family have created a GoFundMe account for Galindo’s family. You can view it here.
Copyright 2022 KCTV. All rights reserved.
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https://www.wibw.com/2022/06/07/de-soto-community-holds-balloon-release-honor-13-year-old-killed-while-riding-bicycle/
| 2022-06-07T15:27:38Z
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DUBLIN, Calif., June 16, 2022 /PRNewswire/ -- Amber Solutions, Inc., a leading technological developer of patented, innovative technologies for AC Direct digital management of electricity in solid-state architecture, announced today that it has formally changed its name to Amber Semiconductor, Inc. (AmberSemi™), effective immediately. The change to AmberSemi™ exemplifies the company's desire to represent its core technological function more acutely and accurately: productizing its patented breakthrough technologies for AC Direct digital control of electricity into silicon chips. This disruptive breakthrough enables major semiconductor and electrical products companies to transform the building electrical grid and upgrade electrical products on a global scale.
Formally changing the company name to Amber Semiconductor, Inc. aligns with the company's business objectives for 2022 and beyond, including forthcoming partnership engagements and strategic alignments with some of the most significant manufacturers of semiconductor solutions and electrical products globally. In working with these partners, AmberSemi™ will provide its core technologies, including digitization of electricity for breakthrough power delivery (AC Direct DC Enabler™), power control and protection (AC Direct Indestructible Switch Controller™) and Realtime and continuous sensing of the state or variance of AC mains electricity (AC Direct Sensing™) via solid-state, silicon chips. Such disruptive breakthroughs makes the name change to AmberSemi™ a logical and strategic step in establishing the company's primary market positioning and expanding its wide-spanning footprint in the semiconductor industry.
"Considering the tremendous breakthroughs we have discovered in digital power management and sensing in silicon chip architecture, changing our name reflects our true nature as a fabless semiconductor technology provider and represents the direction we're heading as a company," said Thar Casey, Founder and CEO of Amber Semiconductor, Inc. "The electrical endpoints of every building in the world are important and yet are based on old tech architectures ripe for upgrading with modern digital innovations, and the most effective way to achieve this is with a silicon chip, which we'll be introducing to the market in the coming quarters. We hold the cards to globalization of intelligent digital management of electricity in silicon chips, which has the potential to transform building intelligence and the very nature of electricity in our world as we know it."
AmberSemi™ is currently working with a who's who list of electrical products and semiconductor companies across the world. While most of these alliances are under NDA, Infineon Technologies has publicly announced support for AmberSemi's efforts. "Infineon sees tremendous opportunity with Amber's breakthroughs," said Preet Sibia, Vice President, Power and Sensor Systems Division, Infineon Technologies Americas Corp. "An advancement into siliconization will allow Amber to seize a major opportunity in the market and accelerate the ability for us to match up Amber's innovative architecture with our multiple product offerings in power, control, compute, sensing, and security. This combination will provide value to our end customers' products in ways previously not possible, as the replacement of mechanical-based electrical components is now becoming a feasible reality with a visible path to widespread adoption."
AmberSemi's core mission is to transform the electrical product architecture from outdated, 1950's-era technologies to smaller, safer, and smarter silicon chips – representing a second electrical revolution of silicon-based, arc-free electricity management and sensing. In working AmberSemi™, electrical products companies can benefit from smaller, safer more reliable electricity architectures that enable a dramatic increase in functionality, while maintaining the same universal form factors prevalent in the market, such as single gang boxes and retrofit circuit breakers. Simultaneously, semiconductor companies benefit from an acceleration of their current business through dynamic power management and sensing, which has never been more relevant. In April, McKinsey released a research report formally projecting the semiconductor sector to continue its explosive growth over the next decade, becoming a trillion-dollar industry by 2030. In addition to silicon-based power delivery, AmberSemi's technologies support direct synergies with 75% of the growth categories named in the report, including consumer electronics, industrial electronics, wireless communication, computing, and data storage – positioning the company for broad-ranging success in the years ahead.
In addition to attracting the eye of numerous global electrical products and semiconductor companies, AmberSemi's technologies have garnered significant attention from the investment universe. Since 2020, the company has secured two significant rounds of Series A and Series B funding, representing widespread interest from the Silicon Valley investment community, and demonstrating a fortified belief in the potential of Amber's revolutionary technology through its enthusiastic investor base. Mark Grossman, Managing Director Menalto Advisors, recently highlighted AmberSemi's technologies in a semiconductor industry report, noting that the company's technology offers "higher reliability, dramatically smaller size, faster switching speeds, greater flexibility, and the ability to incorporate advanced digital control and analytics features and reduce false trips."
Amber Semiconductor, Inc is a leading developer of patented, innovative solid-state technologies for the digital control of electricity. The company's disruptive breakthroughs change the electrical landscape forever for buildings and appliances worldwide, and it has received 24 patent grants around the company's core technologies, vertical applications and data analytics. These technologies upgrade power management from 1950's era electro-mechanical to safer, more reliable silicon architecture with embedded intelligence. Based in Dublin, California, the company is leveraging the expertise of Silicon Valley professionals to deliver a disruptive enhancement to the value and functionality of the world's electrical endpoints and infrastructure. For more information visit www.ambersi.com.
Media Contact
Ruben Marinbach
GreenRoom Agency
Account Director
ruben.m@grnrm.com
305-347-1787 ext. 305
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https://www.kxii.com/prnewswire/2022/06/16/amber-solutions-officially-announces-name-change-amber-semiconductor-inc/
| 2022-06-16T15:02:55Z
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Legal Case Management Startup Achieved Record Growth Last Year to Earn a Spot on the List
DURHAM, N.C., Aug. 2, 2022 /PRNewswire/ -- GrowPath, makers of revolutionizing case management software for law firms, has been named on the 7th annual Triangle Tweeners List. The list, published by Medium, recognizes the most promising technology startups in the Triangle. GrowPath has been recognized for its rapid scaling in response to rising customer demand.
The Triangle Tweeners List is respected for its ability to pinpoint future breakouts, big fund-raisers, and acquisition targets among the area's tech startups. GrowPath is poised to break out after enjoying record growth in new clients in the fourth quarter of 2021. The company is also expected to announce new patents related to their software in the coming weeks.
"We are excited to be named to the Tweeners List," said Neal Goffman, CEO of GrowPath and experienced growth strategist. "And we're proud to be part of such a great group of companies."
GrowPath is a cutting-edge legal case management software delivering industry-leading solutions for personal injury law firms. By partnering with GrowPath, in addition to the benefits of using a market-leading platform, firms get access to some of the best and most creative minds in the industry. From the individuals leading our company to those working closely every day with our clients, we have years of real-world expertise building successful plaintiffs' firms. GrowPath is empowering firms to boost revenue by improving the efficiency of the services they deliver. To learn more, visit: https://growpath.com/demo.
Media Contact:
Connie Wong
(919) 286-5759
media@growpath.com
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SOURCE GrowPath
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https://www.wibw.com/prnewswire/2022/08/02/growpath-selected-renowned-triangle-tweeners-list/
| 2022-08-02T15:27:19Z
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ORLANDO, Fla., May 19, 2022 /PRNewswire/ -- Florida's housing market may be showing some beginning signs of cooling in April: Mortgage interest rates and median home prices continued to rise amid a still-constrained supply of for-sale homes – resulting in fewer closed sales compared to a year ago, according to Florida Realtors®' latest housing data.
"Rising interest rates and high inflation are impacting all of us, and those factors are definitely affecting Florida's housing market," said 2022 Florida Realtors President Christina Pappas, vice president of the Keyes Family of Companies in Miami. "However, our lack of a state income tax, our beautiful beaches and waterways, and warm sunny weather continues to attract new residents, investors and second-home buyers to Florida, especially in the work-from-anywhere world today. In April, the median time to contract for single-family existing was eight days compared to 11 days during the same month a year ago. And the median time to contract for existing condo-townhouse units was 10 days compared to 24 in April 2021.
"Buying or selling a home is a complex process, and a local Realtor can help consumers understand their local market and provide expert guidance to ensure peace of mind."
Last month, closed sales of single-family homes statewide totaled 28,171, down 15.3% year-over-year, while existing condo-townhouse sales totaled 13,711, down 20.9% from April 2021. Closed sales may occur from 30- to 90-plus days after sales contracts are written.
Florida Realtors Chief Economist Dr. Brad O'Connor pointed to the rapid rise in mortgage interest rates this year, particularly in March and April, as a major factor slowing home sales last month, along with still-rising home prices and restricted supply.
"Remember, 2021 was characterized by near-record low mortgage rates that allowed for a huge surge in homebuying demand," he said. "So it's simply unreasonable for us to expect that the market will perform just as well this year, now that we are in a higher interest rate environment. Closed sales are performing at about the level they were leading up into the pandemic, despite higher mortgage rates, low supply and much, much higher sale prices."
The statewide median sales price for single-family existing homes in April was $410,000, up 21.8% from the previous year, according to data from Florida Realtors Research Department in partnership with local Realtor boards/associations. Last month's statewide median price for condo-townhouse units was $310,000, up 24% over the year-ago figure. The median is the midpoint; half the homes sold for more, half for less.
Dr. O'Connor added, "Again we need to remind ourselves that many home sales that closed in April actually had their prices determined when they went under contract a month or two earlier, just as rates were really starting to take off.
"In the longer run, price growth should start to moderate in response to these higher rates, so this is an important statistic to keep your eye on over the next few months as an increasing share of sellers will inevitably have to start adjusting their expectations to a degree."
On the supply side of the market, inventory (active listings) remained tightly constrained in April 2022: Single-family existing homes were at very limited 1.1-months' supply while condo-townhouse inventory was at a 1.3-months' supply.
According to Freddie Mac, the interest rate for a 30-year fixed-rate mortgage averaged 4.98% in April, significantly higher than the 3.06% averaged during the same month a year earlier.
To see the full statewide housing activity reports, go to the Florida Realtors Newsroom at http:// floridarealtors.org/newsroom and look under Latest Releases or download the April 2022 data report PDFs under Market Data at: http://floridarealtors.org/newsroom/market-data.
Florida Realtors® serves as the voice for real estate in Florida. It provides programs, services, continuing education, research and legislative representation to its 225,000 members in 51 boards/associations. Florida Realtors® Newsroom website is available at http://floridarealtors.org/newsroom.
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https://www.mysuncoast.com/prnewswire/2022/05/19/flas-april-housing-trends-higher-median-prices-limited-supply/
| 2022-05-19T15:33:40Z
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Police arrest woman after 6-year-old son’s body found in trunk
MOUND, Minn. (AP) - Authorities and family members said a 28-year-old woman was arrested after police found her 6-year-old son’s body in the trunk of her bloodied car in a Minneapolis suburb.
Orono police said the woman and a man were arrested on suspicion of murder after the boy’s body was found Friday. They haven’t yet been formally charged.
When officers stopped the car in Mound, Minnesota, they noticed blood inside the vehicle.
Police have not yet released details about the boy or the circumstances of his death.
Family members identified the victim to WCCO as Eli Hart and his mother as Julissa Thaler. They said Eli’s father was trying to win custody at the time of his death.
The boy had been placed back with his mother in December after nearly a year in foster care.
Copyright 2022 The Associated Press. All rights reserved. Gray News contributed to this report.
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https://www.kxii.com/2022/05/23/police-arrest-woman-after-6-year-old-sons-body-found-trunk/
| 2022-05-23T05:17:54Z
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The inaugural award program will honor individuals for the mental health and wellness impact they made on organizations and communities
SAN FRANCISCO, June 1, 2022 /PRNewswire/ -- Modern Health, a leading workplace mental health platform supporting enterprises globally, today introduces a new industry awards program called "Modern Health Heroes" to recognize HR professionals and licensed mental health care providers who have gone above and beyond to support mental health and the general well-being of people, both at work and in their personal lives.
Before the pandemic, there were 51.5 million U.S. adults, or one in five people, living with mental health issues. The pandemic only accelerated this - in 2020, Modern Health's research found more than half of U.S. adults experienced more stress and anxiety that year than at any other time in their lives. This combination of an unprecedented global pandemic, deep political divisions, race related violence, and societal unrest has resulted in a global mental health crisis.
"We've seen mental health issues rising rapidly and unfortunately we don't have enough therapists in the world to care for everyone who needs it. This has put enormous pressure on mental health care providers who have had to step up to support however they can," said Modern Health's Vice President of Clinical Strategy & Research, Dr. Myra Altman. "We wanted to take a moment to recognize those mental health care providers who are still dealing with the mental health fallout of what has been an incredibly challenging few years."
In its first year, Modern Health Heroes will recognize individuals in the U.S. in two categories:
- HR leaders: who have made a positive impact on an organization's workplace culture and the mental well-being of its employees.
- Licensed mental health care providers: who have made a positive impact on the patients and the communities they serve.
Nominations can be submitted here starting today through July 13, 2022. Submissions will be judged by a panel of licensed mental health care professionals and HR leaders, representing diverse perspectives and expertise in their respective fields.
"The role of an HR leader has never been more important or complex," said Modern Health's Chief People Officer, Maureen Calabrese. "A strong employee experience is one of the most critical aspects of a company's ability to recruit and retain talent in a world where people are the number one driver of company performance. HR professionals are the backbone of this effort, setting the tone for company culture, building end-to-end employee experiences, and implementing it all with an eye towards equity and belonging. The last few years have really spotlighted the incredible value of our HR teams as they've become the most important voice in the room and have, in some cases, shown incredible innovation and resiliency."
This year's Modern Health Heroes selection panel will include:
- Evangeline Mendiola, director of global benefits & well-being at Zendesk
- Dr. Taisha Caldwell-Harvey, Ph. D., licensed psychologist, founder of The Black Girl Doctor, and mental health consultant at Modern Health
- Dr. Myra Altman, Ph.D. licensed psychologist and vice president of clinical strategy & research at Modern Health
- Dr. Jessica Jackson, Ph.D. licensed psychologist and global clinical DEIB manager at Modern Health
The winners and honorees will be officially announced at Modern Health's global industry conference, Elevate, which takes place Sept. 7-8, 2022. In addition, winners and honorees will be featured in Quartz, this year's media partner, and will receive a digital award badge.
For each category winner, Modern Health will donate $500 to the winners' mental health non-profit organization of choice.
For more information about Modern Health, visit modernhealth.com.
About Modern Health
Modern Health is the comprehensive mental health and wellness platform that combines clinically validated assessments and care recommendations, self-service wellness kits, a global network of certified coaches, and licensed therapists, all available in a single app. Modern Health empowers employers to lead the charge in acknowledging that mental health is just as important as physical health, destigmatizing the conversation, and increasing accessibility of mental health services for all.
Founded in 2017, Modern Health incorporates evidence-based psychology principles and seamless technology to serve the needs of companies globally. Headquartered in San Francisco, Modern Health has raised more than $172 million from Founders Fund, Battery Ventures, Felicis Ventures, Kleiner Perkins, Afore Capital, MGV, Frederic Kerrest (co-founder of Okta), and 01 Advisors.
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https://www.wibw.com/prnewswire/2022/06/01/modern-health-heroes-awards-launched-recognize-hr-professionals-mental-health-care-providers/
| 2022-06-01T14:22:36Z
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NEW YORK, April 1, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Affirm Holdings, Inc. (NASDAQ: AFRM).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/affirm-holdings-inc-loss-submission-form/?id=25394&from=4
This lawsuit is on behalf of all investors who purchased or otherwise acquired Affirm Holdings, Inc. securities on February 10, 2022 after the Company sent a Tweet concerning its Second Quarter 2022 financial results at approximately 1:15 p.m. EST.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 29, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to the filed complaint, on February 10, 2022 at approximately 1:15 p.m., Affirm issued a Tweet from its official account in which the Company disclosed certain metrics from its second quarter 2022 financial results. The Tweet, which was published prior to the Company's planned release of its financial results, portrayed a highly successful quarter, which included an increase in revenue of 77%. This caused Affirm's share price to spike nearly 10% in intra-day trading. The Tweet was materially misleading, in that it omitted to disclose the full details of Affirm's second quarter financial results. Affirm deleted the Tweet and released its full second quarter financial results ahead of schedule. The full financial results were lackluster – with the Company posting a loss of $0.57 per share, compared with analyst expectations of $0.37 per share.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law
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https://www.wibw.com/prnewswire/2022/04/01/afrm-shareholder-alert-jakubowitz-law-reminds-affirm-holdings-inc-shareholders-lead-plaintiff-deadline-april-29-2022/
| 2022-04-01T12:01:52Z
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NEW YORK, July 5, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Spero Therapeutics, Inc. (NASDAQ: SPRO) alleging that the Company violated federal securities laws.
Class Period: October 28, 2021 to May 2, 2022
Lead Plaintiff Deadline: July 25, 2022
No obligation or cost to you.
Learn more about your recoverable losses in SPRO:
https://www.kleinstocklaw.com/pslra-1/spero-therapeutics-inc-loss-submission-form?id=29465&from=4
Spero Therapeutics, Inc. NEWS - SPRO NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Spero Therapeutics, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) the data submitted in support of the New Drug Application ("NDA") for the Company's product candidate, Tebipenem HBr, were insufficient to obtain approval from the U.S. Food and Drug Administration ("FDA"); (ii) accordingly, it was unlikely that the FDA would approve the Tebipenem HBr NDA in its current form; (iii) the foregoing would necessitate a significant workforce reduction and restructuring of Spero's operations; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Spero you have until July 25, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Spero securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the SPRO lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/spero-therapeutics-inc-loss-submission-form?id=29465&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm
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https://www.kxii.com/prnewswire/2022/07/05/spro-alert-klein-law-firm-announces-lead-plaintiff-deadline-july-25-2022-class-action-filed-behalf-spero-therapeutics-inc-shareholders/
| 2022-07-05T10:03:05Z
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Legendary Salsa Maker Shares Simple and Fun Appetizers, Cocktails and Other Recipe Hacks to Take the Stress Out of Seasonal Entertaining
ORANGE, Calif., May 5, 2022 /PRNewswire/ -- May brings warmer temps and the beginning of the outdoor entertaining season, along with a host of fun holidays, from Cinco de Mayo and Mother's Day to Memorial Day and more. To help make getting together with friends and family more enjoyable, the makers of the CHI-CHI'S® brand, one of the nation's favorite, fiesta-focused salsa, tortilla and chip brands, are sharing a few easy tips for planning your next party or family gathering. CHI-CHI'S® wants to be uplifting, so its fans can enjoy the moment and focus on what really matters—making memories and spending time with friends and loved ones.
According to the IRI Spring Holidays Report, larger gatherings will be roaring back to life this season and many people are planning to either host or attend social celebrations.1
"Whether preparing for a family brunch, backyard BBQ or graduation party, nothing should get in the way of enjoying these special moments," said Selena Husted, associate brand manager for the CHI-CHI'S® brand. "Whether you're hosting an intimate gathering or one attended by many, the key is minimizing the amount of time and effort you're needed in the kitchen. Starting with flavorful staples like CHI-CHI'S® salsas and dips will make it super easy to wow guests and keep them coming back for more."
Here are a few entertaining tips and tricks from the makers of the CHI-CHI'S® brand, designed to inspire fans and help de-stress the menu prep:
Party Perfect Appetizers
- Taco Cones are the perfect portable finger foods that add a new twist to your next party and can be ready in less than 25 minutes.
- No fiesta is complete without flautas—a favorited Mexican dish. Make these restaurant-quality, crunchy Flautas stuffed with cheese, chicken and CHI-CHI'S® Thick & Chunky Salsa.
Easy Main Dishes
- Plan ahead and make a batch of 2-ingredient salsa chicken that will be ready to go on salads or in tacos or enchiladas at a moment's notice. Simply place chicken breasts in a slow cooker and cover with CHI-CHI'S® Thick & Chunky Salsa and toss until the chicken is covered. Cover and cook on high for 4 hours (or low for 6-8 hours), or until the chicken shreds easily with a fork.
- Give your guests a memorable and Instagrammable meal they'll be talking about all summer by preparing the ultimate mashup and making these Quesadilla Burgers
- Spice up your hotdogs with some serious flavor. Think beyond ketchup and mustard this year and opt for topping your hotdogs with a robust salsa made with ripe tomatoes and crisp onions such as CHI-CHI'S® Thick & Chunky Salsa.
Crowd-Pleasing Cocktails
- Elevate your next backyard brunch by preparing this easy-to-make and bloody delicious 5-star Blood Mary recipe made with CHI-CHI'S® Thick & Chunky Salsa Medium for the perfect kick of heat and just 5 ingredients. Pro tip: garnish with bacon, celery stick, jalapeno or shrimp.
- For a refreshing, citrusy and totally irresistible adult beverage, wow guests with a spicy salsa margarita. Simply blend CHI-CHI'S® Thick & Chunky Salsa Medium, lime juice, tequila and agave nectar until completely smooth.
Whether planning a special fiesta or everyday meals, look to the CHI-CHI'S® brand lineup for a wide variety of Mexican food favorites, including salsas, tortillas and chips. For additional recipes or where to buy CHI-CHI'S® products, please visit www.chichis.com or follow the brand on social media on Facebook, Twitter and Instagram.
ABOUT THE CHI-CHI'S® BRAND
CHI-CHI'S® products are some of the most recognized and trusted in the Mexican food category. The legacy of the brand continues today by offering crowd-pleasing snack and meal ideas for any time of day. These products help bring the fun to every occasion. The CHI-CHI'S® brand is part of MegaMex Foods, one of the fastest growing Mexican food companies in the US focused on reimagining Mexican flavor. For more information and recipe ideas, please visit www.chichis.com, and follow the brand on Facebook, Twitter, Pinterest and Instagram.
ABOUT MEGAMEX FOODS, LLC.
MegaMex Foods, one of the fastest growing Mexican food companies in the US, is focused on reimagining Mexican flavor in restaurants and home kitchens across the country. MegaMex Foods is proudly committed to authentic ingredients and providing a real solution for achieving true Mexican flavors with trusted products including CHI-CHI'S®, WHOLLY®, LA VICTORIA®, HERDEZ®, EMBASA® , DOÑA MARIA®, BÚFALO® and DON MIGUEL® brands. Founded by Herdez del Fuerte and Hormel Foods, MegaMex Foods is headquartered in Orange, California, with facilities in Texas and Mexico. MegaMex Foods has two operating plants, numerous manufacturing partners and over 4,000 employees. For more information, visit www.megamexfoods.com and www.mmxfoodservice.com
1 IRI data, Spring Holidays 2022, April 2022
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https://www.wibw.com/prnewswire/2022/05/05/may-celebrations-come-together-snap-with-chi-chis-brand-salsas/
| 2022-05-05T15:29:46Z
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NEW YORK, Aug. 31, 2022 /PRNewswire/ -- New research, titled, Climate Change and Cruelty commissioned by global animal welfare non-profit organization, World Animal Protection has revealed the true impact of factory farming on our planet, finding that ongoing expansion of factory farming will put achievement of the Paris Climate Agreement goals and a climate-safe future out of reach.
Every year, more than 80 billion land animals are farmed globally, most on cruel factory farms. This research analyzed the carbon footprint of factory farming chickens and pigs in four of the world's biggest factory-farming hot spots (Brazil, China, The Netherlands, and the US), finding that the emissions from producing current numbers of chickens are equivalent to keeping 29 million cars on the road for a year and emissions from producing pigs are equal to 74 million cars.
The pig and chicken industries are often overlooked as contributors to climate change, with significant focus on methane emissions from raising cows. These findings offer new insight into the true footprint of factory-farming. Growing, processing, and transporting the crops used for feed in factory farms accounts for about 60% and 40% of the overall emissions for chickens and pigs respectively
The study is the first of its kind to measure how collectively eating less factory-farmed chicken and pork could help safeguard our climate. In the US, a 50% reduction in consumption of chicken and pork by 2040 would result in the equivalent of taking 8 million cars off the road for a year.
"Urgent action by the US government and companies to address climate change is imperative, and these new findings shed light on a sector that is all too commonly ignored in climate action plans; the factory farming of pigs and chickens," says Annette Manusevich, Farming Campaign Manager with World Animal Protection US. "The results are clear—eating less chicken and pork from factory farms has significant benefit, not just for protecting animals from cruelty, but for protecting our planet's future as well."
World Animal Protection is calling on the US government to stop approving new factory farms by imposing a moratorium for a 10-year period in order to curb the damages they are inflicting. A bill currently being considered in Congress, the Farm Systems Reform Act (FSRA), would require that the largest factory farms be phased out by 2040.
Individuals can take action for animals, the climate, and their health by reducing their meat consumption now. World Animal Protection's Meating Halfway journey provides tools and tips, such as recipes and shopping lists, to make swapping animal products for plant-based options accessible and delicious.
World Animal Protection
World Animal Protection is the global voice for animal welfare, with more than 70 years' experience campaigning for a world where animals live free from cruelty and suffering.We have offices in 12 countries and work across 47 countries. We collaborate with local communities, the private sector, civil society and governments to change animals' lives for the better.
Our goal is to change the way the world works to end animal cruelty and suffering for both wild and farmed animals. Through our global food system strategy, we will end factory farming and create a humane and sustainable food system, that puts animals first. By transforming the broken systems that fuel exploitation and commodification, we will give wild animals the right to a wildlife. Our work to protect animals will play a vital role in solving the climate emergency, the public health crisis and the devastation of natural habitats.
For more information on World Animal Protection, visit: http://www.worldanimalprotection.us/
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SOURCE World Animal Protection
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https://www.kxii.com/prnewswire/2022/08/31/new-report-exposes-concerning-climate-impacts-cruel-factory-farmed-meat/
| 2022-08-31T15:17:29Z
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WATCH: Disneyland employee ruins proposal, snatches ring out of man’s hands
(CNN) - The happiest place on earth may not be the place for the happiest proposals on earth, especially when overzealous employees snatch up the engagement ring!
A ruined proposal at Disneyland in Paris is lighting up social media.
In the video, you see a man drop to his knee and propose to his girlfriend at the park on a fenced-off platform. Suddenly, a Disney employee barges in between the couple and snatches the ring out of the man’s hand. He then tells the couple that they have to move.
The man who proposed in the video told the New York Times, “Disneyland stands for dreams. Our moment was destroyed.”
But other Disney employees with the park say that the fenced-off platform is used for multiple live shows daily and is not for guests to set foot on.
However, the man who proposed said he asked another employee if it was OK to use the platform for a proposal, and she said, “Go for it.” Unfortunately, the other employee who ruined the proposal was not as easygoing.
Disney did apologize to the couple and offered the couple a free weekend, including lodging, at any Disney park.
However, the man who proposed said, “I don’t want to visit Disneyland anymore. They can’t give us the moment back and that’s the only thing I want.”
Copyright 2022 CNN Newsource. All rights reserved.
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https://www.kxii.com/2022/06/09/watch-disneyland-employee-ruins-proposal-snatches-ring-out-mans-hands/
| 2022-06-09T16:51:36Z
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Woman facing animal torture charges after dogs found dead in her garage, authorities say
WILKIN COUNTY, Minn. (KVLY/Gray News) - Authorities in Minnesota say a woman is facing several charges stemming from the disturbing treatment of animals at her home.
According to the Wilkin County Sheriff’s Office, deputies were called June 18 for a report of two dogs found deceased at a residence.
KVLY reports the caller told dispatchers they dropped off their dog with Michelle Karch, 40, four months ago, and when they returned, they found the dead dogs in Karch’s garage.
According to court documents, deputies found one malnourished dog alive in Karch’s garage and two deceased animals. The surviving dog was taken to a veterinarian who told authorities the dog had no muscles on its hip bones.
The sheriff’s office reports Karch is facing charges that include two felony counts of animal torture resulting in death and two gross misdemeanors of animal torture.
Karch allegedly told investigators the dogs were on medication and died of disease. However, she could not provide vet paperwork confirming those claims.
According to the sheriff’s office, deputies were also called to Karch’s home regarding a dog tied up outside the property without food or water for nearly 12 hours.
A search warrant was executed at the property. Court documents stated that deputies found several cats without food or water at the home, along with a pony and horse without food.
Deputies said Karch had appalling conditions at her home while the dogs and other animals were in her care.
Karch is scheduled to be in court Aug. 2.
Copyright 2022 KVLY via Gray Media Group, Inc. All rights reserved.
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https://www.kxii.com/2022/07/28/woman-facing-animal-torture-charges-after-dogs-found-dead-her-garage-authorities-say/
| 2022-07-28T20:26:32Z
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New Software Solution Provides Animated View of Lung Function Using Legacy X-Ray Technology
ORANGE, Calif., April 6, 2022 /PRNewswire/ -- Doctors at Providence St Joseph Hospital in Orange, Calif., today announced the first commercial use of 4DMedical's unique XV imaging solution to help clinicians better understand lung conditions. 4DMedical, an Australian medical technology company, provided the FDA-cleared, patented, four-dimensional lung imaging solution used to gain insight into regional lung performance of two patients, one with asthma and another with COPD.
"With this new imaging tool, physicians can detect areas of high and low ventilation with pinpoint accuracy across all parts of the lung, in all phases of the breath," said Ray Casciari, MD, a pulmonary physician with more than 40 years of experience at Providence St Joseph Hospital, Orange. "The resulting ventilation report is extremely clear and easily understood by providing clinicians with a color-coded and dynamic visualization of the patient's breathing lung, enhanced with four-dimensional animation."
Doctors are considering the use of four-dimensional scans in treatment plans for patients with long-term COVID.
"Until now, much of the attention to COVID has been around the epidemiology of its spread, and more recently regarding the effect of vaccines," said Andreas Fouras, PhD, CEO of 4DMedical. "Health authorities are increasingly focusing on how to assess, understand and manage the lingering effects of those expressing long-term COVID."
4DMedical's XV Technology™ is a cloud subscription service and can be implemented immediately with no capital expenditure by using existing hospital and clinical infrastructure. Imaging departments electronically transmit radiographic images collected with existing fluoroscopy equipment to 4DMedical. The XV Technology software automatically analyzes and applies its proprietary algorithms to identify and quantify regional functional impairment in both lungs. The resulting report numerically quantifies and graphically displays the regional impairments, which can then be used by clinicians to better understand the patient's current functional state and assess the most effective therapeutic action.
"The potential for 4DMedical's XV Technology to play a role in surveillance of lung function is unprecedented, along with the capacity to monitor the effectiveness of pharmaceutical and other interventions for the treatment of those diseases," said Jeremy Zoch, PhD, MHA, FACHE, chief executive of Providence St Joseph. "Doctors have never been able to see lungs with this level of richness and detail before. We're proud of our commitment to bring the latest in life-changing technology to our doctors, patients and community."
About Providence St. Joseph Hospital:
Providence St. Joseph Hospital in Orange, California is a nationally recognized, 463-bed, not-for-profit Catholic hospital founded in 1929 by the Sisters of St. Joseph of Orange. Fully accredited by The Joint Commission and designated as a Magnet hospital for nursing excellence, St. Joseph Hospital's reputation for clinical excellence and compassionate, family-centered care draws patients from all over the United States. St. Joseph Hospital is part of Providence, a health system serving in 52 hospitals with a comprehensive range of services across Alaska, California, Montana, New Mexico, Oregon, Texas and Washington. For more information visit www.providence.org/StJoseph.
About 4DMedical:
4DMedical (founded in 2013) changed name to 4DMedical in May 2020. 4DMedical is a medical technology company aiming to deliver the global gold standard in respiratory diagnostics for all lung disorders including: coronavirus, asthma, chronic obstructive pulmonary disease (COPD), cystic fibrosis and cancer.
The unique 4DMedical technology accurately and quickly scans lung function as the patient breathes, to provide sensitive, early diagnosis and to monitor changes over time. Our Software-as-a-Service (SaaS) scans deliver much more complete results, showing even subtle variations in lung function down to the finest details, using lower levels of radiation than traditional methods.
Respiratory diagnosis is a $30 billion per annum global industry. Through its technology 4DMedical provides clinicians with greater insights into diseases of the lung. 4DMedical is focused on providing better information to doctors and patients about lung function. Better information means better decisions, and better outcomes.
Contact:
Jay Geer
Miller Geer & Associates
(562) 883-0375
jay@millergeer.com
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SOURCE 4DMedical
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https://www.kxii.com/prnewswire/2022/04/06/providence-st-joseph-hospital-announces-first-commercial-use-us-four-dimensional-lung-imagery/
| 2022-04-06T23:48:22Z
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Twice, daily service kicks off today with nonstop flights to Las Vegas and ticket giveaways
Photos and video available HERE
MIRAMAR, Fla., Aug. 10, 2022 /PRNewswire/ -- Spirit Airlines' (NYSE: SAVE) bright yellow planes soared over Reno's shining neon lights today as the carrier launched its new, nonstop service at Reno–Tahoe International Airport (RNO). The nonstop route to Las Vegas (LAS) operates twice daily, offering a convenient and affordable alternative to driving between the two popular Nevada destinations or pricier airline options. From Las Vegas, Reno travelers can also enjoy easy connections to 19 cities across the country.
"It's an exciting time to add Reno to our growing route map as Guests increasingly look to enjoy destinations with world-class outdoor recreation options, like those available in and around The Biggest Little City in the World," said Lania Rittenhouse, Vice President of Guest Experience, Brand & Communications for Spirit Airlines and President of the Spirit Charitable Foundation. "We look forward to serving our Guests in Northwest Nevada with high-value travel options and the Reno community through our Foundation."
To mark the new service, Spirit is hosting a Las Vegas Flyaway for Reno Guests. One lucky winner will get a pair of tickets to fly on Spirit's new, nonstop route to Las Vegas, including complimentary roundtrip airfare, bags, seat selection and Shortcut Boarding. Winners will also enjoy a three-night stay at Treasure Island and a pair of tickets to Mystère by Cirque du Soleil, provided in partnership with the Las Vegas Convention and Visitors Authority. Participants can enter now through August 31 at spirit.com/flyaway.
"We're thrilled that our partners at Spirit Airlines are continuing to expand nonstop service to Las Vegas with three new routes," said H. Fletch Brunelle, Vice President of Marketing for the Las Vegas Convention and Visitors Authority. "The addition of these new flights is extremely exciting as we welcome visitors to explore all that's new in the sports and entertainment capital of the world. From stunning new resorts and meeting spaces to spectacular new entertainment offerings and the most anticipated international sports special events, Las Vegas continues to flourish."
Las Vegas is one of Spirit's largest airport operations with around 70 flights each day, which now provides one-stop options between RNO and 19 cities across the airline's route map. Spirit is the second-largest carrier by departing seats at LAS this year.
*Service launching November 17, 2022
"The routes to LAS from RNO provided by Spirit offer more options for our region, which is great news for northern Nevada," said Daren Griffin, President and CEO of the Reno-Tahoe Airport Authority. "Spirit is a wonderful addition to the RNO family and we welcome them to this exciting time in our history as we offer Reno-Tahoe more airlines and non-stop destinations than we've ever had before."
The Spirit Charitable Foundation commemorated the carrier's entrance into Reno with a $20,000 donation to Urban Roots. The Reno-based nonprofit organization strives to change the way communities eat and learn through garden-based education, building healthy habits and a respect for the environment. The Foundation is committed to investing in organizations like Urban Roots that have a meaningful social impact on one of its three key pillars: Children and Families, Service Members, and the Environment.
"We have had our sights trained on the ground beneath us and what it can produce for learners of all ages in the region. The generous donation from Spirit Airlines was a delightful surprise," said Jenny Angius, Executive Director of Development and Operations. "Our advocates in the air have given us a gift that will amplify our organization's ability to drive sustainability practices, and as both of our organizations work to minimize adverse effects to the planet, we can't wait to demonstrate in real time the ways their support change lives for our constituents."
Soar With Us
There is no limit to how fast and how far you can grow within Spirit. We're growing and hiring Pilots, Flight Attendants, and Aviation Maintenance Technicians. Visit spirit.com/careers for information.
Spirit's Elevated Guest Experience
The entrance into Reno demonstrates Spirit's continued commitment to invest in the Guest, which entails a number of initiatives aimed at delivering the best value in the sky:
- Spirit's Fit Fleet® is one of the most fuel-efficient fleets in the industry, with 24 brand new planes planned for delivery this year, and 33 more planes projected for delivery in 2023.
- An all-new cabin interior with ergonomically-designed seats and more usable legroom, featuring the best deal in the sky with our unique Big Front Seat®.
- Fast onboard Wi-Fi that allows Guests to watch content from streaming services.
Recognition
Spirit was recognized by Forbes as one of America's Best Employers for Diversity 2022 following its active efforts to create and celebrate a diverse workplace environment. The carrier also won "Best Airport Innovation" in the 2021 APEX/IFSA Awards for its groundbreaking self-bag drop system with biometric photo matching, which speeds up the check-in process and reduces face-to-face contact. Spirit also recently received the FAA's "Aviation Maintenance Technician Diamond Award of Excellence" for the fourth consecutive year.
About Spirit Airlines:
Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky. We are the leader in providing customizable travel options starting with an unbundled fare. This allows our Guests to pay only for the options they choose — like bags, seat assignments and refreshments — something we call À La Smarte®. We make it possible for our Guests to venture further and discover more than ever before. Our Fit Fleet® is one of the youngest and most fuel-efficient in the U.S. We serve destinations throughout the U.S., Latin America and the Caribbean, and are dedicated to giving back and improving those communities. Come save with us at spirit.com.
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SOURCE Spirit Airlines, Inc.
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https://www.kxii.com/prnewswire/2022/08/10/nevadans-gain-easier-cross-state-travel-option-amp-exciting-connection-options-with-spirit-airlines-nonstop-service-reno/
| 2022-08-10T21:00:55Z
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The Leading Plant-Based Brand's Milkshakes Mark the First Non-Dairy Shake Offering for the Better Burger Restaurant
OAKLAND, Calif., June 21, 2022 /PRNewswire/ -- Eclipse Foods, the leader in plant-based dairy products that are indistinguishable from conventional dairy, announced today its partnership with Smashburger®, a leading fast-casual better burger restaurant, to create the industry's first nationally available plant-based milkshakes. The milkshakes are now available for purchase in all Smashburger® locations nationwide (for $6.19, price may vary based on location) in Vanilla, Chocolate, Strawberry, Peanut Butter, Tangerine Dream and Oreo. Customers can also order the milkshakes for take-out or delivery on Smashburger.com or on Smashburger's mobile app, and for delivery on DoorDash, Postmates, Uber Eats, and GrubHub.
"We are so proud to partner with Smashburger® to introduce the first ever plant-based shakes at a national fast-casual chain," said Aylon Steinhart, Co-founder and CEO of Eclipse. "This partnership marks an incredible milestone in advancing the plant-based movement and signals Smashburger's® confidence in Eclipse as the plant-based dairy brand that mainstream consumers will crave. Our shakes perfectly mimic the delicious taste and texture of traditional dairy milkshakes, and require no flavor sacrifice from consumers. And now that the shakes are available nationwide, even more people will have access to exceptionally delicious plant-based options that are better for the planet, animals, and people."
To create its first dairy-free menu item, Smashburger's® corporate chef, Ty Goerke, worked closely with Eclipse's Co-founder and James Beard nominated chef, Thomas Bowman. After months of testing, both teams were confident they had created a world-class offering all customers would love, no matter their diet.
"As part of Smashburger's aggressive approach to menu innovation and catering to our guest's evolving tastes, we have continued to diversify our product portfolio with the launch of new plant-based milkshake offerings," states Carl Bachmann, President of Smashburger. "As part of our commitment and passion to deliver high caliber products with quality ingredients, we knew Eclipse was the best partner for us to develop the brand's first dairy-free menu offerings. This felt like a natural next step in Smashburger's journey to offer more diverse and plant-based options for our guests, while still delivering the premium, top-quality menu items that Smash fans know and love."
Eclipse was co-founded in 2019 by Steinhart and Bowman with the mission to create a more sustainable, healthy, and ethical food system. Since then, Eclipse has scaled faster and more efficiently than competitors in the space in order to make this mission of fighting climate change, animal suffering, and the human health crisis a reality.
Eclipse Foods is the leader in plant-based dairy products that are indistinguishable from conventional dairy. In 2019, Co-founders Aylon Steinhart and Thomas Bowman launched Eclipse with a mission to create plant-based dairy products that require no sacrifice on taste, texture or functionality for the consumer. The two partnered to create Eclipse's proprietary dairy platform, which replicates micelles (the magic of dairy milk) from plants to create the world's first plant-based dairy products that taste and function just like dairy. Eclipse's plant-based platform is free from all top allergens such as gluten, soy, coconut, nuts, free from gums and stabilizers, and is non-GMO. Eclipse ice cream is available for retail in pint flavors including Cookie Butter, Caramel Butter Pecan, Dark Side of the Spoon (chocolate peanut butter), Mango Passion Fruit, Vintage Vanilla, and Mint Chip. In the last year alone, Eclipse has grown its retail presence by 2100% with select Whole Foods Markets, Albertsons, Vons, Pavilions, Central Market, Nuggets, Harmon's, and other regional retailers stocking its pints in addition to direct-to-consumer retailers like GoPuff, Good Eggs, Gorillas, and more. To learn more about Eclipse and stay informed about the brand's latest news, innovations, and more, please visit eclipsefoods.com and follow along on social at @eclipsefoods.
Smashburger® is a leading fast-casual better burger restaurant known for its Certified Angus Beef® burgers that are smashed on the grill to sear in the juices and seal in the flavor. In addition to burgers, Smashburger® offers grilled or crispy chicken sandwiches, turkey and black bean burgers, fresh salads, signature side items such as Brussels sprouts and SmashFries®, and hand-spun shakes. Founded in 2007 in Denver, Colorado, Smashburger is a recognized Stevie American Business Award winner with 236 corporate and franchise restaurants operating in 36 states and eight countries. To learn more, visit www.smashburger.com.
Media Contact: Power Digital, eclipsefoods@powerdigitalmarketing.com
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https://www.kxii.com/prnewswire/2022/06/21/eclipse-foods-partners-with-smashburger-offer-plant-based-shakes-nationwide-first-time-fast-casual-restaurant-chain/
| 2022-06-21T13:54:37Z
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HAIKOU, China, June 3, 2022 /PRNewswire/ -- JX Luxventure Limited (Nasdaq: LLL) (the "Company"), a company delivering comprehensive products solutions to global elite families serviced by our business customers with business segments covering menswear, cross-border merchandise and tourism, announced today that that on June 2, 2022, it received a nomination for "Best Software Solution Provider" award at the 2022 Fifth Annual Global Cross-border E-Commerce Forum.
Ms. Sun "Ice" Lei, Chief Executive Officer of the Company commented: "Other nominees for this award are all well-known software and cross-border merchandise providers in the world, including Oracle China, Shoplazza and GiiMall. We are truly honored that the Company, being the only early-stage company, was nominated for this award. This is the affirmation of the professional work done by our technology team, led by our CTO, Liu Ze, an expert in Artificial Intelligence, Internet of All Things and Block Chain. We have identified technology consulting as a new business segment and on June 1, 2022, we signed the first Technology Consulting Agreement with a value of USD1,000,000. This is a great beginning of our technology consulting business and paved a solid foundation for the future."
About JX Luxventure Limited
Headquartered in Haikou, China, JX Luxventure Limited is a company delivering comprehensive products solutions to global elite families serviced by our business customers with business segments covering menswear, cross-border merchandise and tourism. To learn more about the Company, please visit its corporate website at en.jxluxventure.com.
Safe Harbor Statement
This press release may contain certain "forward-looking statements" relating to the business of JX Luxventure Limited, and its subsidiary companies. All statements, other than statements of historical fact included herein, are "forward-looking statements" in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminology such as "believes," "expects" or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company's periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
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https://www.mysuncoast.com/prnewswire/2022/06/03/jx-luxventure-receives-nomination-best-software-solution-provider-award/
| 2022-06-03T14:42:04Z
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NEW YORK, May 14, 2022 /PRNewswire/ -- The alleged white supremacist who opened fire in a supermarket in Buffalo, NY, killing 10 and injuring three, is the latest in a long line of violent domestic terrorists who embraced the virulently racist and antisemitic "Great Replacement" conspiracy theory, and who turned to violence apparently after ingesting white supremacist and antisemitic content online. In his manifesto, the killer wrote he was advocating for a "real war" of Gentiles versus Jews.
Jonathan Greenblatt, ADL CEO and National Director, issued the following statement:
"While details of the horrific shooting in Buffalo are still emerging, there are already strong indicators that the individual who allegedly carried out this attack was heavily influenced by white supremacist ideology, including the virulently antisemitic and racist 'Great Replacement' conspiracy theory. Make no mistake: This is the same hateful antisemitic bile that inspired the shooters in Pittsburgh, Poway, El Paso and Charleston.
"This was yet another predicable attack by an avowed white supremacist who imbibed hateful conspiracy theories online and then turned to violent action, this time targeting mostly Black victims. We cannot remain complacent in the face of this continuing and serious national security threat. More must be done – now – to push back against the racist and antisemitic violence propounded by the far right.
"This shooting is a deadly reminder of the dangers of white supremacy, and the need to call out these hateful views at every opportunity. We need our elected leaders at all levels to have the political will to pass meaningful legislation that will hold anyone involved in spreading white supremacist conspiracy theories to account and to stop potentially violent terrorists before they commit a crime.
"We extend our thoughts and prayers to victims and their families of this horrific hate crime, and we stand in solidarity with the African American community at this difficult time."
According to an online screed the shooter allegedly posted before the attack, which has been reviewed by the ADL Center on Extremism, his goal was to "spread awareness to my fellow whites about the real problems the West is facing," and "encourage further attacks that will eventually start the way that will save the Western world."
ADL is a leading anti-hate organization. Founded in 1913 in response to an escalating climate of antisemitism and bigotry, its timeless mission is to protect the Jewish people and to secure justice and fair treatment for all. Today, ADL continues to fight all forms of hate with the same vigor and passion. ADL is the first call when acts of antisemitism occur. A global leader in exposing extremism, delivering anti-bias education and fighting hate online, ADL's ultimate goal is a world in which no group or individual suffers from bias, discrimination or hate. More at www.adl.org.
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SOURCE Anti-Defamation League
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https://www.wibw.com/prnewswire/2022/05/15/adl-says-buffalo-shooter-latest-long-line-white-supremacist-terrorists-who-embraced-racist-antisemitic-great-replacement-theory/
| 2022-05-15T03:29:24Z
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NEW YORK, July 26, 2022 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for May 2022 show that home prices continue to increase across the U.S. More than 27 years of history are available for the data series and can be accessed in full by going to https://www.spglobal.com/spdji/en/index-family/indicators/sp-corelogic-case-shiller/.
YEAR-OVER-YEAR
The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, covering all nine U.S. census divisions, reported a 19.7% annual gain in May, down from 20.6% in the previous month. The 10-City Composite annual increase came in at 19.0%, down from 19.6% in the previous month. The 20-City Composite posted a 20.5% year-over-year gain, down from 21.2% in the previous month.
Tampa, Miami, and Dallas reported the highest year-over-year gains among the 20 cities in May. Tampa led the way with a 36.1% year-over-year price increase, followed by Miami with a 34.0% increase, and Dallas with a 30.8% increase. Four of the 20 cities reported higher price increases in the year ending May 2022 versus the year ending April 2022.
MONTH-OVER-MONTH
Before seasonal adjustment, the U.S. National Index posted a 1.5% month-over-month increase in May, while the 10-City and 20-City Composites posted increases of 1.4% and 1.5%, respectively.
After seasonal adjustment, the U.S. National Index posted a month-over-month increase of 1.0%, and the 10-City and 20-City Composites both posted increases of 1.3%.
In May, all 20 cities reported increases before and after seasonal adjustments.
ANALYSIS
"Housing data for May 2022 continued strong, as price gains decelerated slightly from very high levels," says Craig J. Lazzara, Managing Director at S&P DJI. "The National Composite Index rose by 19.7% for the 12 months ended May, down from April's 20.6% year-over-year gain. We see a similar pattern in the 10-City Composite (up 19.0% in May vs. 19.6% in April) and in the 20-City Composite (+20.5% vs. +21.2%). Despite this deceleration, growth rates are still extremely robust, with all three composites at or above the 98th percentile historically.
"The market's strength continues to be broadly based, as all 20 cities recorded double-digit price increases for the 12 months ended in May. May's gains ranked in the top quintile of historical experience for 19 cities, and in the top decile for 17 of them. However, at the city level we also see evidence of deceleration. Price gains for May exceeded those for April in only four cities. As recently as February of this year, all 20 cities were accelerating.
"Tampa (+36.1%) was the fastest growing city for the third consecutive month, with Miami (+34.0%) in second place. In May, Dallas fought its way into the top three with a gain of 30.8%. Prices continued strongest in the South and Southeast, both of which recorded 30.7% gains year-over-year.
"We've noted previously that mortgage financing has become more expensive as the Federal Reserve ratchets up interest rates, a process that was ongoing as our May data were gathered. Accordingly, a more-challenging macroeconomic environment may not support extraordinary home price growth for much longer."
SUPPORTING DATA
Table 1 below shows the housing boom/bust peaks and troughs for the three composites along with the current levels and percentage changes from the peaks and troughs.
Table 2 below summarizes the results for May 2022. The S&P CoreLogic Case-Shiller Indices could be revised for the prior 24 months, based on the receipt of additional source data.
Table 3 below shows a summary of the monthly changes using the seasonally adjusted (SA) and non-seasonally adjusted (NSA) data. Since its launch in early 2006, the S&P CoreLogic Case-Shiller Indices have published, and the markets have followed and reported on, the non-seasonally adjusted data set used in the headline indices. For analytical purposes, S&P Dow Jones Indices publishes a seasonally adjusted data set covered in the headline indices, as well as for the 17 of 20 markets with tiered price indices and the five condo markets that are tracked.
For more information about S&P Dow Jones Indices, please visit https://www.spglobal.com/spdji/en/.
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit https://www.spglobal.com/spdji/en/.
FOR MORE INFORMATION:
April Kabahar
Global Head of Communications
New York, USA
(+1) 212 438 7530
april.kabahar@spglobal.com
S&P Dow Jones Indices' interactive blog, IndexologyBlog.com, delivers real-time commentary and analysis from industry experts across S&P Global on a wide-range of topics impacting residential home prices, homebuilding and mortgage financing in the United States. Readers and viewers can visit the blog at www.indexologyblog.com, where feedback and commentary are welcomed and encouraged.
The S&P CoreLogic Case-Shiller Indices are published on the last Tuesday of each month at 9:00 am ET. They are constructed to accurately track the price path of typical single-family homes located in each metropolitan area provided. Each index combines matched price pairs for thousands of individual houses from the available universe of arms-length sales data. The S&P CoreLogic Case-Shiller U.S. National Home Price Index tracks the value of single-family housing within the United States. The index is a composite of single-family home price indices for the nine U.S. Census divisions and is calculated quarterly. The S&P CoreLogic Case-Shiller 10-City Composite Home Price Index is a value-weighted average of the 10 original metro area indices. The S&P CoreLogic Case-Shiller 20-City Composite Home Price Index is a value-weighted average of the 20 metro area indices. The indices have a base value of 100 in January 2000; thus, for example, a current index value of 150 translates to a 50% appreciation rate since January 2000 for a typical home located within the subject market.
These indices are generated and published under agreements between S&P Dow Jones Indices and CoreLogic, Inc.
The S&P CoreLogic Case-Shiller Indices are produced by CoreLogic, Inc. In addition to the S&P CoreLogic Case-Shiller Indices, CoreLogic also offers home price index sets covering thousands of zip codes, counties, metro areas, and state markets. The indices, published by S&P Dow Jones Indices, represent just a small subset of the broader data available through CoreLogic.
Case-Shiller® and CoreLogic® are trademarks of CoreLogic Case-Shiller, LLC or its affiliates or subsidiaries ("CoreLogic") and have been licensed for use by S&P Dow Jones Indices. None of the financial products based on indices produced by CoreLogic or its predecessors in interest are sponsored, sold, or promoted by CoreLogic, and neither CoreLogic nor any of its affiliates, subsidiaries, or predecessors in interest makes any representation regarding the advisability of investing in such products.
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SOURCE S&P Dow Jones Indices
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https://www.wibw.com/prnewswire/2022/07/26/sampp-corelogic-case-shiller-index-reports-annual-home-price-gain-197-may/
| 2022-07-26T15:11:01Z
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Global Recognition of Unidentified Aerial Phenomena Video Footage Fuels Momentum
ENCINITAS, Calif., May 25, 2022 /PRNewswire/ -- Investor momentum is building for To the Stars Inc.'s Reg A crowdfunding campaign, fueled by a recent uptick in global attention to videos of official military footage depicting encounters with Unidentified Aerial Phenomena (UAPs) given to To The Stars and highlighted in last week's government hearings.
Founded in 2017 by platinum-selling musician Tom DeLonge from Blink-182/Angels & Airwaves, former senior CIA officer Jim Semivan, and physicist Dr Hal Puthoff, To The Stars is raising up to $30 million for the globally diversified media and entertainment company to support its collaboration between academia, industry, and pop culture to advance society's imagination, curiosity and understanding of scientific phenomena and other mysteries of the universe. Proceeds will support future To The Stars' entertainment initiatives, including content across music, tv, film, books, and merchandise through its wholly owned subsidiary To The Stars Media Inc.
Major media coverage of the video footage in outlets such as ABC-News and NBC-News highlighted the UAP encounters and reported on last week's government hearings on the subject as breaking news. The videos were originally cleared and approved for public release to create credibility around a notoriously convoluted and uncredible topic, and the New York Times independently verified and covered the story in a front-page expose published in conjunction with research for To The Stars' book series, Sekret Machines. High-level briefings conducted by its team members are also documented in HISTORY's Unidentified and led to the official creation of the U.S. Government UAP Task Force to investigate the phenomena.
"The talks between the military and Congress are indeed heartening. The more Congress is able to learn about UAPs and its various aspects, the more it will begin to realize the overall complexity of this subject. This is not just a "nuts and bolts" issue," said Semivan.
To The Stars has forged relationships with experts at the highest levels of government, academia and science who have first-hand publicly available knowledge and unreleased government report. The company's scientific advisory board is comprised of individuals from prestigious government agencies and academic institutions who lend vast knowledge and experience in support of its mission to offer informed storytelling where the line between science and science fiction is often blurred.
"Our long-standing entertainment skill set fuses pop-culture and communications expertise to craft the international narrative around the videos for years to come. We have eyewitness accounts and anecdotes from best-in-class trained observers like military fighter pilots who felt comfortable bringing their story to us because they trusted us to handle it with care," said DeLonge. "The future holds exciting opportunities and we're fascinated with the unexplained. I can't wait for investors to join me as we experience more fun adventures and change the way we view the world," said DeLonge.
To learn more about To The Stars, visit http://invest.tothestarsinc.com/ and view the offering circular -
For media and investor queries, please contact Charlotte Luer at +1-239-404-6785 or cluer@ljhfm.com.
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https://www.mysuncoast.com/prnewswire/2022/05/25/stars-crowdfunding-campaign-launched-by-blink-182angels-amp-airwaves-tom-delonge-celebrates-successful-launch/
| 2022-05-25T16:09:01Z
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CALGARY, AB, July 27, 2022 /PRNewswire/ - The Board of Directors of Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today declared a quarterly dividend of $0.19 per share on the outstanding Common Shares.
The dividend is payable on Oct. 31, 2022 to holders of record at the close of business on Sept. 30, 2022, and is an "eligible" dividend for purposes of the Income Tax Act (Canada) and any similar provincial/territorial legislation.
About Canadian Pacific
Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of CP. CP-IR
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SOURCE Canadian Pacific
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https://www.wibw.com/prnewswire/2022/07/28/canadian-pacific-railway-limited-declares-dividend/
| 2022-07-28T00:38:52Z
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—CED Report Details Economic Impact of Increasing Access to Child Care—
NEW YORK, May 31, 2022 /PRNewswire/ -- Increasing women's labor force participation rate by even one percent would dramatically increase economic opportunities for women—and yield additional growth and prosperity for the United States more broadly. For women alone, a one percent increase would translate into an additional $72.8 billion in income, according to a new report produced by the Committee for Economic Development, the public policy center of The Conference Board (CED). But as the report points out, the ability to access paid child care is one of the main barriers to participating in the labor force—and for those important economic benefits to be realized.
The Economic Role of Paid Child Care in the U.S., Part 3: Economic Growth Modeling is the latest installment in a four-part report series examining the issue. The first two reports analyzed extensive data sets on working mothers' use of paid child care, as well as the labor force participation of men, women, and especially women with children aged 14 and younger. The new report drills into decades of the Census Bureau's Current Population Survey estimates and determines factors affecting labor force participation.
"The labor force participation rate for women and men has been declining over time—a trend that the pandemic has only exacerbated," said Dr. Lori Esposito Murray, President of CED. "For women, access to child care is a major factor in deciding whether to participate in the workforce. As our new groundbreaking study demonstrates, increasing the labor force participation rate of mothers would unlock numerous economic benefits for women, their families, and for the country generally."
Key insights from the new report include:
A one percent increase in the labor force participation of women ages 18-54 would produce multiple economic benefits.
- The women who would need to enter the labor force: 569,100 more women would enter the labor force, including 210,700 mothers of children 14 and younger, and 44,900 mothers with children under age five.
- The impact on paid child care: More than 126,000 children would enter paid child care, including 121,800 children 14 and younger and 47,900 children under age five.
- The impact on personal income: Total real personal income would increase $72.8 billion, including $26.9 billion for mothers with children 14 and younger, and $5.7 billion for those with children under age five.
Short-term changes in the prevalence of paid child care correspond with three key factors.
- Labor force participation: Increases in mothers working are associated with increases in the number of children in paid care (particularly for mothers with children under age five).
- Actual hiring of mothers: Mothers are more likely to use paid care when they have a job rather than when they are searching for work.
- Increased income: The use of paid care increases as income rises.
Long-term changes in the prevalence of paid child care correspond with three key factors.
- Maternal labor force participation: The share of children in paid care (for both age groups– mothers with children 14 and younger as well as mothers with children under age 5) has a significant long-run relationship with economic variables in the time period tested.
- Real income: Real personal income per capita has a stable relationship with paid care usage.
- Overall male and female labor force participation: Overall male and female labor force attachment rates are also interrelated with the share of children in paid care. This is additional evidence of a broader and more general relationship between labor force participation and paid child care use over the long run.
Key factors that drive paid child care use in the U.S.
- Labor force participation: Use of paid care highly relates to maternal workforce participation.
- Household income: As household incomes rise, so does the likelihood of using paid child care.
- Educational attainment: The likelihood of using paid care also increases as the level of education increases.
Three factors affect the shape of state economic growth.
- Educational Attainment: Achieving higher levels of education leads to higher average incomes at the state level (which in turn increases the likelihood of the use of paid care).
- Capital: Capital investment influences regional economic growth.
- Traded Activity: Goods and services that are exported for sale outside a local market boost income within a region.
The report, The Economic Role of Paid Child Care in the U.S., Part 3: Economic Growth Modeling, can be accessed here. It is the third in a four-part series, produced with funding from the W.K. Kellogg Foundation, on the use of paid child care. The series and more information can be found here.
About CED
The Committee for Economic Development (CED) is the public policy center of The Conference Board. The nonprofit, nonpartisan, business-led organization delivers well-researched analysis and reasoned solutions in the nation's interest. CED Trustees are chief executive officers and key executives of leading US companies who bring their unique experience to address today's pressing policy issues. Collectively they represent 30+ industries, over a trillion dollars in revenue, and over 4 million employees. www.ced.org
About The Conference Board
The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org
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SOURCE Committee for Economic Development of The Conference Board (CED)
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https://www.wibw.com/prnewswire/2022/05/31/ced-report-boosting-womens-labor-force-participation-by-one-percent-would-generate-an-additional-728-billion-income-women/
| 2022-05-31T15:24:24Z
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China sends in military to help with Shanghai virus outbreak
By KEN MORITSUGU
Associated Press
BEIJING (AP) — China has sent more than 10,000 health workers from across the country to Shanghai, including 2,000 military medical staff. They are struggling to stamp out a rapidly spreading COVID-19 outbreak in China’s largest city. Shanghai is conducting a mass testing of its 25 million residents as what was supposed to be a two-phase lockdown entered its second week. Many factories and financial firms have been able to keep operating by isolating their employees. But concern is growing about the potential economic impact of an extended lockdown in China’s financial capital, which is also a major shipping and manufacturing center.
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https://localnews8.com/news/ap-national-business/2022/04/04/china-sends-in-military-to-help-with-shanghai-covid-outbreak/
| 2022-04-04T10:59:20Z
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- National trial firm Reid Collins & Tsai LLP handling pro bono prosecution of civil rights lawsuit alongside ACLU of Louisiana.
- Violent May 2020 arrest of Teliah Perkins at her own home by Sheriff's Office deputies for misdemeanor traffic stop is basis for excessive force and First Amendment retaliation lawsuit.
- Plaintiff defeats Defendants' motion for summary judgment, taking case closer to trial.
NEW ORLEANS, July 28, 2022 /PRNewswire/ -- This week, top national trial boutique Reid Collins & Tsai LLP obtained a key ruling on behalf of Teliah Perkins, a Black woman from Slidell, Louisiana, who was violently arrested at her own home in response to a minor traffic violation she did not commit. Reid Collins is representing Ms. Perkins pro bono in partnership with the ACLU of Louisiana's "Justice Lab" initiative.
On Tuesday, the Hon. Wendy B. Vitter of the U.S. District Court for the Eastern District of Louisiana denied the bulk of the motion for summary judgment of the defendants, two St. Tammany Parish deputies. The Court held that the deputies are not entitled to qualified immunity on excessive force and First Amendment claims, as the facts and testimony show the violation of multiple, clearly established constitutional rights, including the right of a citizen arrested for a minor traffic violation to be free from unreasonable force, and the right of a minor child to peacefully record the police in his own driveway without the threat of physical harm.
Counsel for Ms. Perkins, Keith Cohan, said: "We appreciate the Court's thoughtful and detailed analysis of the evidence. Ms. Perkins looks forward to presenting her claims to a jury and to continuing her fight for justice - for herself and her family."
Reid Collins is proud to be a part of the ACLU of Louisiana's litigation campaign to challenge racially discriminatory policing practices.
The case is captioned Teliah C. Perkins, Individually and as Parent and Natural Guardian of D.J., a Minor, v. Kyle Hart and Ryan Moring, U.S.D.C. Eastern District of Louisiana, Civil Action No. 2:21-CV-00879
Click here to view Judge Vitter's opinion.
Click here to view the Perkins complaint.
Click here for video of the incident showing the deputies pressing Ms. Perkins' face and chest into the pavement and threatening to Taser her child for recording the arrest.
Click here to learn more about the Justice Lab project.
Reid Collins & Tsai LLP is one of the nation's leading plaintiffs' trial firms, litigating complex business disputes and achieving billions of dollars in settlements and judgments for its clients. Its team is comprised of accomplished trial lawyers who have extensive experience prosecuting financial fraud and corporate malfeasance cases, bankruptcy and insolvency related litigation, professional liability claims, and cross-border disputes. The firm represents fund managers, investor groups, trustees, receivers, liquidators, international banks, companies, governmental entities, and individuals in federal and state courts across the country.
For more information visit www.reidcollins.com
Austin | Dallas | New York | Washington D.C. | Wilmington
Source: Reid Collins & Tsai LLP
Contact:
Alexander Coxe
212.365.4792
acoxe@reidcollins.com
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SOURCE Reid Collins & Tsai LLP
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https://www.kxii.com/prnewswire/2022/07/28/reid-collins-defeats-summary-judgment-motion-louisiana-federal-court-moving-pro-bono-discriminatory-policing-civil-rights-lawsuit-closer-trial/
| 2022-07-28T20:40:23Z
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The venue where renowned author Salman Rushdie -- whose controversial work has triggered death threats -- was stabbed Friday had rejected previous recommendations to toughen security measures, two sources told CNN.
Rushdie, 75, was stabbed at least twice on stage at the Chautauqua Institution before he was slated to give a lecture, New York state police said Friday. He was airlifted to a hospital in northwestern Pennsylvania and underwent surgery, a Pennsylvania police official said.
Later in the day, Rushdie was put on a ventilator and was unable to speak, his agent, Andrew Wylie, told The New York Times. He will likely lose an eye, Wylie said. "The nerves in his arm were severed; and his liver was stabbed and damaged. The news is not good."
A suspect was taken into custody shortly afterward, and authorities are working to determine the motive and the charges, state police said.
Following the attack, questions were raised about the security precautions -- or lack thereof -- at the host institution, which sits in a rural lake resort about 70 miles south of Buffalo, New York.
The institution's leadership had rejected recommendations for basic security measures, including bag checks and metal detectors, fearing that would create a divide between speakers and the audience, according to two sources who spoke with CNN. The leadership also feared that it would change the culture at the institution, the sources said.
The two sources have direct knowledge of the security situation at the Chautauqua Institution and past recommendations and spoke to CNN on condition of anonymity because they were not authorized to speak publicly.
It's unclear whether the recommended measures would have prevented the attack on Rushdie based on the information released about the incident as of Friday evening. Authorities have not disclosed the type of weapon that was used in the attack.
There were no security searches or metal detectors at the event, a person who witnessed the attack told CNN. The witness is not being identified because they expressed concerns for their personal safety.
CNN reached out to the Chautauqua Institution and its leadership for comment but did not receive a response Friday.
Institution president Michael Hill defended his organization's security plans when asked during a news conference Friday whether there would be more precautions at future events.
"We assess for every event what we think the appropriate security level is, and this one was certainly one that we thought was important which is why we had a State Trooper and Sheriff presence there," Hill said. "We will assess for each of the events at the Institution what we think the appropriate level of security is and that's an ongoing process that we work in concert with local law enforcement on."
Also injured Friday was Henry Reese, co-founder of the Pittsburgh nonprofit City of Asylum, who was scheduled to join Rushdie in a discussion, police said. He was taken to a hospital and treated for a facial injury and released.
Rushdie's writings have garnered several literary prizes, including the Booker Prize for his 1981 book, Midnight's Children. But it was his fourth novel "The Satanic Verses," that drew the greatest scrutiny as some Muslims found the book to be sacrilegious, and its publication in 1988 sparked public demonstrations.
The late Iranian leader Ayatollah Ruhollah Khomeini, who described the book as an insult to Islam and Prophet Mohammed, issued a religious decree, or fatwa, calling for Rushdie's death in 1989.
Authorities were at New Jersey home connected to suspect
The suspect in the attack was identified as Hadi Matar from Fairview, New Jersey, New York State Troop Commander Major Eugene J. Staniszewski said Friday evening during a news conference.
The attack occurred around 10:45 a.m. as Rushdie was being introduced, a witness told CNN. A man in a black shirt appeared to be "punching" the author. The witness, who was about 75 feet from the stage, did not hear the attacker say anything or see a weapon.
Another witness, Joyce Lussier, was sitting in the second row when she saw a man who "lurched across the stage and got right to Mr. Rushdie.
"He came in the left side and leapt across the stage and just lunged at him. In, I don't know, two seconds he was across that stage," Lussier said. She heard people screaming and crying and saw people from the audience rushing up to the stage, she said.
Matar, 24, allegedly stabbed Rushdie at least once in the neck and at least once in the abdomen, state police said. Staff and audience members rushed to the attacker and put him on the ground before a state trooper took him into custody, police said.
On Friday evening, police had blocked off the street to the New Jersey home believed connected to the suspect.
Iran's bounty was never lifted
Rushdie, the son of a successful Muslim businessman in India, was educated in England, first at Rugby School and later at the University of Cambridge where he received a master's degree in history.
After college, he began working as an advertising copywriter in London, before publishing his first novel, "Grimus" in 1975.
In 1989, as a result of the fatwa, Rushdie began a decade under British protection.
Rushdie told CNN in 1999 that the experience taught him "to value even more ... intensely the things that I valued before, such as the art of literature and the freedom of expression and the right to say things that other people don't like.
"It may have been an unpleasant decade, but it was the right fight, you know. It was fighting for the things that I most believe in against things I most dislike, which are bigotry and fanaticism and censorship."
The bounty against Rushdie has never been lifted, though in 1998 the Iranian government sought to distance itself from the fatwa by pledging not to seek to carry it out.
Despite that, Iran's Supreme Leader Ayatollah Ali Khamenei recently reaffirmed the religious edict.
In February 2017, on Khamenei's official website, the supreme leader was asked if the "fatwa against Rushdie was still in effect," to which Khamenei confirmed it was, saying, "The decree is as Imam Khomeini issued."
The-CNN-Wire
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https://www.albanyherald.com/news/salman-rushdie-remains-hospitalized-after-stabbing-attack-as-venue-faces-scrutiny-over-security/article_39688209-e58b-5627-8484-4fe0442801c6.html
| 2022-08-13T09:51:21Z
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Smarter Sorting is a Top 50 Winner for achievement in environmental impact
AUSTIN, Texas and BOULDER, Colo. , July 6, 2022 /PRNewswire/ -- Smarter Sorting (www.smartersorting.com), a consumer goods data and sustainability company, has been announced as a Top 50 winner in the 2022 Real Leaders® Eco Innovation Awards. Smarter Sorting helps retailers and suppliers know more about regulated consumer products to make, market and move them across the supply chain more sustainably.
This nomination specifically highlights Smarter Sorting's proprietary Product Intelligence Platform™—the platform connects brand manufacturers and retailers. By sharing product data for hazardous, environmentally sensitive and regulated products, the company ensures retailers meet their environmental obligations, make better decisions, avoid unnecessary fines and reduce their environmental impact.
This week, Real Leaders released its inaugural Eco Innovation Awards to its global community of social impact executives. This distinction celebrates achievement in environmental impact. As a longtime advocate for businesses that build sustainability into their business models, Real Leaders wanted to recognize the products, projects, and initiatives that are actively contributing to a healthier planet.
"We are honored to see our Product Intelligence Platform™ recognized by Real Leaders for the value it provides major retailers and consumer brands," said Jacqueline Claudia, CEO of Smarter Sorting. "Smarter Sorting is focused on how we can use data and computing to build a better world. Through our Product Intelligence Platform™, we provide companies with product classification data for safety, health, transportation, disposal, and environmental regulations. This helps brands and retailers make more instant and informed decisions backed by accuracy."
Smarter Sorting harnesses its math, chemistry and computing expertise to help retailers and brands do good for business while simultaneously doing good for the environment. To date, Smarter Sorting customers have achieved a 63 percent reduction in regulated waste using computational chemistry and 93 percent diversion to recycling or donation to charities.
Entries were judged on creativity, innovation, originality, measurable impact and needed to be designed to help solve an environmental issue. Awards were given in three categories: Top 50 ranking, Ones to Watch, and Eco Innovation Allies. All winners will be featured in the Q3 2022 issue of Real Leaders magazine, on Real-Leaders.com, and will be promoted across social media.
"This is such a critical moment for our planet," says Julie Van Ness, CEO of Real Leaders. "The latest IPCC report's dire climate warning has made it clear there is no time to waste. It's going to take all of us working together, especially business leaders who can leverage their influence and power in service to the planet. That's why we dedicated our Q3 issue to business-led solutions for tackling the climate crisis; and we're excited to introduce the world to our Eco Innovation Award-winning companies and CEOs who are doing just that. This issue is a must-read for purpose-driven leaders who want to be a part of the solution."
Real Leaders magazine can be found in Barnes & Noble bookstores, on airport newsstands, and in Delta executive lounges. Additionally, both print and digital subscriptions are available on Real-Leaders.com.
ABOUT REAL LEADERS
Real Leaders is a membership community for impact leaders with a global media platform dedicated to driving positive change. It's on a mission to unite farsighted leaders to transform our shortsighted world. Founded in 2010, Real Leaders recognized early on that businesses bore a responsibility to be as cognizant of their impact on employees, society, and the planet as they are on their bottom line. Real Leaders is a B Corporation, member of the UN Global Compact, and is independently owned.
LinkedIn: Real Leaders
Instagram: @Real_Leaders
Twitter: @Real_Leaders
Facebook: @RealLeadersMagazine
Hashtag: #RealLeadersImpactAwards
ABOUT SMARTER SORTING
Based in Boulder, Colo., Austin, Texas, and Los Angeles, Smarter Sorting helps companies make, market and move consumer products better. Its customers include national discount club stores and supermarkets, as well as the brands they sell. The company's customers use its Product Intelligence Platform to gain product insights and identify how to best handle regulated consumer products across the supply chain to remain compliant, avoid fines and reduce their environmental impact. Awards for innovation, impact and employee experience include: Fast Company Most Innovative Companies, Built In Best Place to Work, Real Leader Impact Award and SEAL Sustainable Innovation Award. Smarter Sorting is an Unreasonable Impact company.
www.smartersorting.com
Contacts:
Heather Mann, General Manager, Real Leaders, Inc., heather@real-leaders.com
Terri Douglas, Catapult, press@smartersorting.com
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https://www.wibw.com/prnewswire/2022/07/06/real-leaders-unveils-its-inaugural-eco-innovation-award-winners/
| 2022-07-06T13:42:46Z
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Proprietary platform provides comprehensive end-to-end solution for improving musculoskeletal care delivery while lowering cost
ADDISON, Texas, Aug. 8, 2022 /PRNewswire/ -- MPOWERHealth, a digital health organization, has launched MPOWERHealth 360CareNav, a proprietary digital platform featuring industry-leading advanced machine learning and an enterprise data ecosystem with predictive risk and cost modeling. The platform provides an end-to-end solution for improving musculoskeletal care delivery while lowering overall cost of care.
As an end-to-end solution, 360CareNav offers a comprehensive patient engagement experience that includes digital health tools, such as telehealth, remote physiological monitoring and complete care coordination across providers to ensure the best possible outcomes.
"Musculoskeletal conditions account for an estimated $600 billion in annual spending in the U.S. when factoring in both direct and indirect costs, such as lost productivity, complications and care inefficiencies, in part due to poor patient engagement and lack of real-time data insight for providers," said Scott LaRoque, CEO and founder of MPOWERHealth. "Through technology and guardrails driven by analytics, our 360CareNav platform helps to close the gap between the cost and quality of musculoskeletal care."
This patient-centric technology optimizes outcomes and minimizes risk, delivering the next generation of population health management, filling a void in specialty care. From transitional care to remote care and chronic care management, MPOWERHealth 360CareNav improves care plan implementation, patient education, medication management, as well as enables stability of chronic conditions that are known to escalate.
MPOWERHealth 360CareNav increases patient satisfaction, lowers readmission rates and improves quality outcomes through a strong adherence to clinically driven care pathways and cost algorithms that get smarter over time due to machine learning and artificial intelligence.
"Our goal with MPOWERHealth 360CareNav is to create personalized health care that meets each individual patient's needs all in one platform. Organizations that are patient-centric and outcome-driven are well equipped to succeed and meet the needs of value-based care," LaRoque said.
To learn more about MPOWERHealth, 360CareNav and other offerings, visit www.mpowerhealth.com.
MPOWERHealth is dedicated to empowering better healthcare through innovative solutions for specialty physicians, hospitals, and payors. Its services include integrated physician networks that support collaboration between neuromusculoskeletal physicians to promote quality improvements; best-in-class intraoperative neuromonitoring and surgical assist services for physicians, hospitals, health systems and medical facilities; and bundled solutions for payors and employers that create direct access to the highest level of conservative spine care at a set cost. Headquartered in Addison, Texas, MPOWERHealth serves more than 400 physicians, more than 40,000 patients annually and more than 300 facilities in 24 states. For more information and to see the company's comprehensive service offerings, visit MPOWERHealth.
Media contact:
Régine Labossière
regine.labossiere@clynch.com
View original content to download multimedia:
SOURCE MPOWERHealth
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https://www.mysuncoast.com/prnewswire/2022/08/08/mpowerhealth-launches-360carenav-digital-platform/
| 2022-08-08T17:51:13Z
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