text
stringlengths 102
99.6k
| url
stringlengths 31
426
| crawl_date
timestamp[us, tz=UTC]date 2022-04-01 00:29:49
2022-09-19 04:34:15
|
|---|---|---|
Outthinker Strategy Network brings strategy executives together through curated learning and peer connections
NEW YORK, May 19, 2022 /PRNewswire/ -- Last week, the Outthinker Strategy Network (OSN) hosted 24 leading strategy officers at the Graduate Hotel in New York City. The heads of strategy from large and mid-market organizations across industries discussed the challenges they face and the strategic competencies needed to succeed.
"The strategy officer is a relatively new role that is only beginning to emerge," explained Claudio Garcia, OSN President and former CSO of Lee Hecht Harrison. "Forward-looking companies are building out robust strategy offices, with capabilities like data analytics, transformation, internal consulting, and M&A. In today's climate of disruption and technological transformation, the ability for leaders to step back from day-to-day fire drills to prepare for plausible future scenarios is increasingly imperative."
Key takeaways emerged throughout the summit, pointing to the following trends:
- Disruption from digital technologies (blockchain, crypto, web 3.0, metaverse, etc.) is already happening. Organizations need a serious approach to understand and explore business models enabled by these advancements.
- Companies are dealing with unprecedented uncertainty. Business leaders who wish to successfully navigate the next 1-2 years must adjust the rhythm of their strategic management.
- Customer expectations for speed and seamless experiences are driving companies to join ecosystems (as demonstrated by companies like Amplify Education, Haier, and Kofax) to deliver products and services closer to the point of demand.
- Popular measurements to track ROI for the core business are not appropriate for measuring innovation. Companies must take into account innovation metrics like the "cost of learning."
- Increasing compensation packages is an incorrect method for attracting talented employees that will remain loyal and grow with a company. Employees want to see that their work can make a difference.
ABOUT OUTTHINKER STRATEGY NETWORK
The Outthinker Strategy Network is an invitation-only network of Chief Strategy Officers and executives leading strategy for large ($1B+) organizations and a separate network for growth mid-market ($100M-900M) companies. Member companies include BNY Mellon, Catalent Pharma, Microsoft, Teladoc, and Yahoo. CSOs interested in joining the network and learning about future events can apply here.
Upcoming CSO events:
- June 14: Creating Synergy in M&A with Mark Sirower and Jeffrey Weirens (Deloitte)
- June 30: Fireside Chat: Strategy and Leadership with Gregory Goff (Andeavor, ExxonMobil) and Kalina Nikolova (Yahoo)
View original content:
SOURCE Outthinker Strategy Network
|
https://www.wibw.com/prnewswire/2022/05/19/corporate-heads-strategy-identify-key-challenges-large-organizations-need-address-stay-ahead-pace-disruption/
| 2022-05-19T12:57:59Z
|
NEW YORK, May 5, 2022 /PRNewswire/ -- Alleghany Corporation (NYSE:Y) today announced its financial results for the first quarter ended March 31, 2022. A complete, full-text news release for Alleghany's 2022 first quarter results is available on Alleghany's website at www.alleghany.com and is also contained in a Current Report on Form 8-K that has been filed with the U.S. Securities and Exchange Commission (the "SEC") and is available on the SEC's website at www.sec.gov. In conjunction with the release, Alleghany has also posted its financial supplement to the company's website at www.alleghany.com.
About Alleghany Corporation
Alleghany Corporation owns and supports operating subsidiaries and manages investments, anchored by a core position in property and casualty reinsurance and insurance. Alleghany's property and casualty subsidiaries include: Transatlantic Holdings, Inc., a leading global reinsurer; RSUI Group, Inc., which underwrites wholesale specialty insurance coverages; and CapSpecialty, Inc., an underwriter of specialty casualty and surety insurance coverages. Alleghany's subsidiary Alleghany Capital Corporation owns and supports a diverse portfolio of eight non-financial businesses.
View original content:
SOURCE Alleghany Corporation
|
https://www.wibw.com/prnewswire/2022/05/05/alleghany-corporation-reports-2022-first-quarter-results-notice/
| 2022-05-05T21:43:22Z
|
NEW PORT RICHEY, Fla. (WFLA) — An invasive, giant snail species, that can also lead to outbreaks of meningitis, has been found in New Port Richey, Florida. The Florida Department of Agriculture and Consumer Services has mapped out a quarantine zone in Pasco County as they work to eradicate them in the area.
According to FDACS, the snails were detected in New Port Richey on June 23. Officials launched the quarantine effort, complete with a Giant African Land Snail quarantine zone, the following day.
Starting Wednesday, FDACS said it would work to “eradicate this pest” using metaldehyde, a pesticide for snails and slugs. FDACS said after putting the treatment out in the quarantine area, the snails will have their ability to digest and their mobility slowed down through dehydration. The snails should “begin to die within days.”
The giant gastropods measure between 2 and 8 inches long as an adult, and can lay up to 2,500 eggs per year. The snails also pose a threat to local environments and ecologies, eating over 500 different plants, in addition to potential health risks.
“These snails could be devastating to Florida agriculture and natural areas as they cause extensive damage to tropical and subtropical environments,” FDACS said. “The snails also pose a serious health risk to humans by carrying the parasite rat lungworm, known to cause meningitis in humans.”
The Giant African Land Snail previously had a presence in Florida in the late 1960s to mid-1970s, according to state officials, but was eradicated.
The last time the snails were found in Florida was during a 2021 eradication of the “pest” in Miami-Dade County, according to FDACS. The snails were first found in that location in 2011. Ten years later, the population there was “eradicated.” FDACS said the last live snail was found in the area in December 2017, before the treatment.
It is illegal to import or own Giant African land snails in the United States without a permit. There have been two previous eradication efforts in Florida, in 1975 and 2021. The New Port Richey effort will be the third.
The USDA considers the giant African snail to be one of “the most damaging snails in the world. It is known to consume at least 500 different species of economically important agricultural plants, including breadfruit, cassava, cocoa, papaya, peanut, rubber, and most varieties of beans, peas, cucumbers, and melons, as well as plants of horticultural, cultural and medicinal value.”
The snails are also known to carry the parasite rat lungworm, which is known to cause meningitis in humans. Meningitis is an inflammation of the membranes covering the brain and spinal cord. Symptoms usually include headache, neck stiffness, nausea, vomiting and a pricking sensation. Heavy infestations can cause severe neurological symptoms, coma and even death.
|
https://cw33.com/news/nexstar-media-wire/giant-invasive-snails-that-carry-meningitis-causing-parasite-found-in-florida-officials-say/
| 2022-07-01T00:18:03Z
|
HACKENSACK, N.J., June 10, 2022 /PRNewswire/ -- We have exciting news to report on the scientific front – Diamond Braces' very own Dr. Anil Ardeshna received a research grant from Align Technology! Dr. Ardeshna currently serves as Diamond Braces' Chief Scientific Officer and will serve as the Primary Investigator for his study, "A clinical study on biofilm development and progression on Invisalign tray and Vivera retainer materials." Dr. Ardeshna's study was only one of three US-based studies to be funded.
The funded research studies cover a wide range of topics for projects seeking to better understand orthodontic and dental treatments, including, but not limited to: distalization, stability in retention, pre-surgical treatment of cleft palate, maintenance of space in mixed dentition with aligners, consideration of periodontal conditions in treatment, and the demand for education regarding treatment with aligners.
"As evidenced by the number of first-time applicants, more and more universities are engaging in advanced research to further the capabilities of digital and clear aligner treatment in all types of malocclusion and segments of the population. Align Technology is honored to be able to continue providing funding that enables universities around the globe to better understand the science involved in the field of dentistry and orthodontic treatment," said Dr. Mitra Derakhshan, Align senior vice president, global clinical in a statement.
"Dr. Ardeshna brings a high level of experience, value, and credibility to our company," said Dr. Oleg Drut, Chief Dental Officer of Diamond Braces. "I am thrilled for Dr. Ardeshna and look forward to reading his findings once the study is complete."
The study will be conducted at Rutgers University, where Dr. Ardeshna also serves as an associate professor and Postgraduate program director in the Department of Orthodontics.
Diamond Braces, a Diamond Plus Invisalign Provider, is a leader in high-quality orthodontic care on the East Coast. For over 20 years, Diamond Braces has been guided by its principles of affordability, accessibility, and amazing service. For more information, visit www.diamondbraces.com
Contact: Jeff Kotuby, jeffk@diamondbraces.com
View original content to download multimedia:
SOURCE Diamond Braces
|
https://www.mysuncoast.com/prnewswire/2022/06/10/diamond-braces-chief-scientific-officer-dr-anil-ardeshna-receives-grant-align-technology-conduct-invisalign-study/
| 2022-06-10T17:37:33Z
|
AirTag leads to arrest of airline worker in luggage thefts, sheriff says
OKALOOSA CO., Fla. (Gray News) – A sheriff’s office in Florida said an Apple AirTag helped find the man suspected in the theft of luggage items worth more than $16,000.
Giovanni De Luca, a 19-year-old subcontractor at Destin-Fort Walton Beach Airport, faces two counts of grand theft.
The Okaloosa County Sheriff’s Office said Thursday on Facebook that a traveler reported her luggage missing in July, with items worth more than $1,600. She said the AirTag she had in her bags last showed activity on a street in Mary Esther, Fla.
Another person reported jewelry and other items valued at more than $15,000 missing from their luggage Aug. 9.
Deputies said they cross-referenced the addresses of airline employees with the AirTag’s signal and met De Luca at his home on the same street.
Investigators said they recovered the items reported missing Aug. 9, and De Luca also admitted to going through the first victim’s suitcase and removing the AirTag. The other belongings of the first victim were not found.
“This arrest is an example of excellent teamwork by our Airport Security Unit, our investigators, and the airport to find the person responsible for these thefts and make sure he is held responsible,” said Sheriff Eric Aden in the post.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
|
https://www.kxii.com/2022/08/17/airtag-leads-arrest-airline-worker-luggage-thefts-sheriff-says/
| 2022-08-17T21:55:37Z
|
Tom Holland says he is stepping away from social media to focus on his mental health.
The "Spider-Man: No Way Home" star, who has been absent from digital platforms in recent weeks, made a fleeting return to Instagram on Sunday to announce he had deleted Instagram and Twitter from his devices.
In the three-minute video, the 26-year-old actor said social media apps had become "detrimental" to his mental state, and that he "spirals" when he reads things about himself online.
"I have taken a break from social media for my mental health because I find Instagram and Twitter to be overstimulating, to be overwhelming," he told his 67.7 million followers.
"I get caught up and I spiral when I read things about me online and ultimately it's very detrimental to my mental state. So, I decided to take a step back and delete the app," he said.
Holland, who is currently dating his "Spider-Man: Homecoming" co-star Zendaya, also used his "very, very brief" return as an opportunity to spotlight UK-based teenage mental health charity Stem4, which he supports through his organization The Brothers Trust.
"There is an awful stigma against mental health and I know that asking for help and seeking help isn't something we should be ashamed of," he added.
Holland signed off by telling fans he was "going to disappear from Instagram again" but thanked them for their "love and support"
He said: "I love you all and I'll speak to you soon."
Holland's candid video prompted praise from fans and fellow celebrities, including singer Justin Bieber, who commented, "Love you man."
Professional wrestler Ricochet wrote: "Man, you're an inspiration to so many. But what matters is your physical and mental health, so take care and come back better than ever!"
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article.
|
https://www.albanyherald.com/entertainment/tom-holland-is-taking-a-social-media-break-for-the-sake-of-his-mental-health/article_342e7919-49b8-5385-9588-c26b0161eeb7.html
| 2022-08-15T12:24:50Z
|
SALEM, Ore., May 12, 2022 /PRNewswire/ -- Willamette Valley Vineyards, Inc. (NASDAQ:WVVI) (the "Company"), a leading Oregon producer of Pinot Noir, generated a loss per common share after preferred dividends of $0.11 and $0.05 for the period ended March 31, 2022 and 2021, respectively, an increase of $0.06, for the period ended March 31, 2022 over the prior year period.
Sales revenue for the three months ended March 31, 2022 and 2021 was $6,242,318 and $5,765,338, respectively, an increase of $476,980, or 8.3%, in the current year period over the prior year period. This increase was caused by an increase in revenues from direct sales of $651,124 being partially offset by a decrease in revenues from shipments to distributors of $174,144 in the current year three-month period over the same period in the prior year. The increase in direct sales to consumers was primarily the result of increased retail sales revenues from our tasting rooms, wine club and kitchen. The decrease in revenue from the distributors was primarily attributed to the lack of available inventory to ship.
Gross profit for the three months ended March 31, 2022 and 2021 was $3,720,029 and $3,493,567, respectively, an increase of $226,462, or 6.5%, in the first quarter of 2022 over the same quarter in the prior year. This increase was primarily the result of an increase in direct sales in the first three months of the current year compared to the same period in 2021.
Selling, general and administrative expenses for the three months ended March 31, 2022 and 2021 was $3,856,261 and $3,317,558, respectively, an increase of $538,703, or 16.2%, in the current quarter over the same quarter in the prior year.
Net income (loss) for the three months ended March 31, 2022 and 2021 was $(98,942) and $122,685, respectively, a decrease of $221,627, or 180.6%, in the first quarter of 2022 over the same quarter in the prior year.
Jim Bernau, Founder and CEO of the winery said, "Unforeseen inventory delays have limited our ability to offset expenses related to our new developments. While we expect supply interruptions, higher supply costs and labor shortages to reduce margins and earnings in the near term, our growth initiatives are designed to produce greater profitability in the long term."
For a complete discussion of the Company's financial condition and operating results for the first quarter, see our Form 10-Q for the three months ended March 31, 2022, as filed with the United States Securities and Exchange Commission on EDGAR.
Willamette Valley Vineyards, Inc. is headquartered at its Estate Vineyard near Salem, Oregon. The Company's common stock is traded on NASDAQ (WVVI).
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve risks and uncertainties that are based on current expectations, estimates and projections about the Company's business, and beliefs and assumptions made by management. Words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "predicts," "potential," "should," or "will" or the negative thereof and variations of such words and similar expressions are intended to identify such forward-looking statements. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors, including, but not limited to: availability of financing for growth, availability of adequate supply of high quality grapes, successful performance of internal operations, impact of competition, changes in wine broker or distributor relations or performance, impact of possible adverse weather conditions, impact of reduction in grape quality or supply due to disease or smoke from forest fires, changes in consumer spending, the reduction in consumer demand for premium wines, the impact of supply chain and transportation disruptions, and the impact of the COVID-19 pandemic and the policies of United States federal, state and local governments in response to such pandemic. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic economic conditions. Many of these risks as well as other risks that may have a material adverse impact on our operations and business, are identified in Item 1A "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2021, as well as in the Company's other Securities and Exchange Commission filings and reports.
The following is the Company's Statement of Income for the three months ended March 31, 2022 compared to the three months ended March 31, 2021:
View original content to download multimedia:
SOURCE Willamette Valley Vineyards
|
https://www.wibw.com/prnewswire/2022/05/12/willamette-valley-vineyards-posts-results-q1-2022/
| 2022-05-13T06:09:32Z
|
Perception Point Wins 'Market Leader Browser Isolation', 'Hot Company Deep Sea Phishing', and 'Hot Company Email Security' Awards at 10th Annual Global InfoSec Awards at RSAC 2022
TEL AVIV, Israel , June 6, 2022 /PRNewswire/ -- Perception Point, a leading provider of advanced threat prevention across digital channels, is proud to announce that it has won three Global InfoSec Awards from Cyber Defense Magazine (CDM), the industry's leading electronic information security magazine. Perception Point won awards for 'Market Leader Browser Isolation', 'Hot Company Deep Sea Phishing', and 'Hot Company Email Security'.
Perception Point's holistic advanced threat prevention solution, powered by multiple layers of advanced static and dynamic detection engines, isolates, detects and remediates threats across an organization's main attack vectors: email, web browsers, cloud collaboration channels, and proprietary apps. The solution detects all threats, such as APTs, zero-days, phishing, malware, BEC, ATO, impersonation attacks, and spam, in both Windows and Mac, up to 40x faster than other solutions on the market, dynamically scanning 100% of content within seconds to prevent attacks from reaching the organization. As a result, Perception Point is ideally placed to detect and prevent increasingly sophisticated 'deep sea phishing' attacks, which are still a growing concern to organizations of all sizes.
Perception Point's offering includes an all-inclusive managed Incident Response Service composed of cyber security experts who efficiently analyze and manage incidents, reducing companies' SOC team resources by up to 75%. The company recently announced the acquisition of Hysolate, a next-gen web isolation platform that isolates threats to a local VM-based Chrome/Edge browser to safely enable full web access. The acquisition expanded Perception Pont's offering to encompass web security. Perception Point's portfolio is game-changing in its ability to accurately and transparently protect organizations without impacting their workflow.
"We're thrilled to receive three of the most prestigious and coveted cybersecurity awards in the world from Cyber Defense Magazine," said Karen Krivaa, CMO of Perception Point. "We knew the competition would be tough, with top judges who are leading infosec experts from around the globe, and we couldn't be more pleased. We are particularly proud of the range of solutions which have been recognized by the judges, demonstrating Perception Point's market leadership across multiple real-world advanced threat protection applications, including email security, browser isolation, and our unique algorithms and evasion detection engines that prevent 'deep sea phishing' attacks."
"Perception Point embodies three major features we judges look for to become winners: understanding tomorrow's threats, today, providing a cost-effective solution and innovating in unexpected ways that can help mitigate cyber risk and get one step ahead of the next breach," said Gary S. Miliefsky, Publisher of Cyber Defense Magazine.
Perception Point executives will be attending the RSA Conference 2022 (San Francisco, 6-9 June) and the Gartner Security & Risk Management Summit (National Harbor, MD, 7-10 June). If you are interested in scheduling an in-person meeting at either of these events, please contact ben@headline.media.
For further information about the awards, please visit: http://www.cyberdefenseawards.com/
About Perception Point
Perception Point is a Prevention-as-a-Service company for the fastest and most accurate next-generation detection and response to all attacks across email, cloud collaboration channels, and web browsers. The solution's natively integrated incident response service acts as a force multiplier to the SOC team, reducing management overhead, improving user experience and delivering continuous insights; providing proven best protection for all organizations.
Deployed in minutes, with no change to the enterprise's infrastructure, the patented, cloud-native and easy-to-use service replaces cumbersome legacy systems to prevent phishing, BEC, spam, malware, Zero-days, ATO, and other advanced attacks well before they reach end-users. Fortune 500 enterprises and organizations across the globe are preventing content-borne attacks across their email and cloud collaboration channels with Perception Point.
To learn more about Perception Point, visit our website, or follow us on LinkedIn, Facebook, and Twitter.
About Cyber Defense Magazine
Cyber Defense Magazine is the premier source of cyber security news and information for InfoSec professions in business and government. We are managed and published by and for ethical, honest, passionate information security professionals. Our mission is to share cutting-edge knowledge, real-world stories and awards on the best ideas, products and services in the information technology industry. We deliver electronic magazines every month online for free, and special editions exclusively for the RSA Conferences. CDM is a proud member of the Cyber Defense Media Group. Learn more about us at https://www.cyberdefensemagazine.com and visit https://www.cyberdefensetv.com and https://www.cyberdefenseradio.com to see and hear some of the most informative interviews of many of these winning company executives. Join a webinar at https://www.cyberdefensewebinars.com and realize that infosec knowledge is power.
Perception Point Media Contact
Ben Crome
Headline Media
ben@headline.media
+1 914 336 4922
CDM Media Inquiries:
Contact:Irene Noser, Marketing Executive
Email:marketing@cyberdefensemagazine.com
Toll Free (USA):1-833-844-9468
International:1-646-586-9545
Website: www.cyberdefensemagazine.com
View original content:
SOURCE Perception Point
|
https://www.mysuncoast.com/prnewswire/2022/06/06/perception-point-named-winner-three-global-infosec-awards-during-rsa-conference-2022/
| 2022-06-06T17:17:48Z
|
Canadian MPs unanimously back motion calling Russian attacks in Ukraine a ‘genocide’
By Sarah Turnbull, CTVNews.ca writer
Click here for updates on this story
Ottawa, Canada (CTV Network) — Canadian members of Parliament voted unanimously on Wednesday to label Russia’s attacks in Ukraine a “genocide.”
The vote was triggered after NDP MP and foreign affairs critic Heather McPherson presented a motion asking that the House recognize that “the Russian Federation is committing acts of genocide against the Ukrainian people.”
MPs agreed that there is “clear and ample evidence of systemic and massive war crimes against humanity” being committed by Russian Armed Forces directed by President Vladimir Putin and others within the Russian Parliament.
Those crimes include, among other offenses, mass atrocities, systematic instances of willful killing of Ukrainian civilians, the desecration of corpses, forcible transfer of Ukrainian children, torture, physical harm, mental harm, and rape, the motion reads.
Russia’s invasion of the eastern region of Ukraine began on Feb. 24. There have been widespread accusations of war crimes since then, with some leaders going as far as to say that the situation amounts to genocide.
International law defines genocide as the deliberate killing or causing other serious harms “with intent to destroy, in whole or in part, a national, ethnical, racial or religious group.”
Earlier this month, Prime Minister Justin Trudeau said it’s “absolutely right” the term genocide was being used to describe Russia’s conduct. His comments came a day after U.S. President Joe Biden used the term in reference to the Ukrainian invasion.
However, Trudeau was quick to note there are “official processes” in places to formally apply that designation.
“As President Biden highlighted, there are official processes around determinations of genocide,” Trudeau said at the time. “But I think it’s absolutely right that more and more people be talking and using the word ‘genocide’ in terms of what Russia is doing.”
Days later, Defence Minister Anita Anand said there is a “strong argument” to be made that Russia’s “atrocities” amount to genocide.
“I believe that if you take the definition of genocide, which includes the intent to wipe out a nation in part or in whole, there is a strong argument to be made, even without the use of chemical weapons, that a genocide is occurring,” Anand said during an interview on CTV’s Question Period.
Canadian MPs most recently declared China’s treatment of the Uighur Muslims a genocide. However, Trudeau did not participate in the vote. Then-foreign affairs minister Marc Garneau abstained on the record while the rest of cabinet was absent.
On Wednesday, Trudeau was present in the House of Commons for question period but, it is unclear if he was still there for the vote on this motion.
Canada is a signatory of the United Nations’ Genocide Convention, which codifies genocide as a crime, requires members states to prevent and punish it, and triggers legal consequences against perpetrators.
In this set of circumstances, former justice minister and ambassador to the United Nations Allan Rock said Canada is fulfilling its duty.
“You could say that we’re doing what we can to prevent it, by providing arms to Ukraine so it can defend itself and repulse the Russian attack,” Rock told CTVNews.ca.
“We should be, as we are, contributing to the effort to track the atrocities of Russian forces, amass evidence against them, and be prepared to cooperate and participate in any prosecution of those responsible.”
In March, the Canadian government referred the situation in Ukraine to the International Criminal Court (ICC) to probe possible war crimes and crimes against humanity.
“We are working with other ICC member states to take this significant action as a result of numerous allegations of the commission of serious international crimes in Ukraine by Russian forces, including war crimes and crimes against humanity,” reads a statement from Foreign Affairs Minister Melanie Joly.
“The ICC has our full support and confidence. We call on Russia to cooperate with the court.”
Canada has sent 10 RCMP officers to the ICC to aid in the investigation.
Rock noted, however, that the ICC acts as a backstop, only if the country with primary jurisdiction – Ukraine in this case – is unable or unwilling to prosecute.
“It’s the Ukrainian courts that have jurisdiction and will want to exercise jurisdiction. But we don’t know what’s going to happen over the course of the coming months in the conflict. It may be that over the months to come, the capacity of Ukraine to investigate and mount a prosecution might be diminished,” he said.
As it stands now, Ukraine’s prosecutor general, Iryna Venediktova is working alongside the ICC’s chief prosecutor Karim Khan in a joint investigation with other European representatives.
With files from CTV News’ Rachel Aiello
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.
Brooklyn Neustaeterctvnews.caproducers@bellmedia.ca
|
https://localnews8.com/news/2022/04/28/canadian-mps-unanimously-back-motion-calling-russian-attacks-in-ukraine-a-genocide/
| 2022-04-28T18:03:02Z
|
Plus Solutions Revenue Grew by 29% YoY; YouTube Shorts Monetization Expected to Generate Positive Revenue Contribution
VANCOUVER, BC, Aug. 10, 2022 /PRNewswire/ - BBTV Holdings Inc. (TSX: BBTV) (OTCQX: BBTVF) (the "Company"), a media tech company that uses technology enabled solutions to help content creators become more successful, today announced financial results for Q2 2022 and six month financial results for the period ended on June 30, 2022.
The Management Discussion and Analysis ("MD&A"), along with full financial statements are posted and available on SEDAR at www.sedar.com. All dollar amounts are expressed in thousands of Canadian dollars except where otherwise indicated.
"Q2 2022 results show continued strong growth in higher margin Plus Solutions," said Shahrzad Rafati, Chairperson and CEO of BBTV. "Plus Solutions revenue grew 29% compared to Q2 2021 and by 46% for the first half of the year and we are reiterating our guidance for over 40% growth in that segment for 2022. Although our Base Solutions revenue remained flat sequentially and declined year-over-year, we see significant fundamental tailwinds driving revenue contribution in our business. These tailwinds include the expedited activation of YouTube Shorts monetization, which could be worth up to approximately $90 million in incremental revenue1, and the diversification of our Base Solutions to additional platforms like Facebook. Together with our cost optimization programs, we see a clear path to Adjusted EBITDA profitability for the business."
Q2 2022 Financial Highlights:
- Plus Solutions revenue in Q2 2022 grew by 29% in comparison to the same quarter last year and in Q2 2022 represents 13% of total revenue and 30-40% of total Adjusted Gross Profit3.
- Plus Solutions revenue growth is expected to exceed 40% on an annual basis for 2022.
- The revenue from the Company's core Plus Solutions, specifically Content Management, Direct Advertising Sales and Mobile Gaming Apps, grew by a combined 41% in Q2 2022 in comparison to the same quarter last year.
- Based on forecasts and Adjusted EBITDA breakeven timelines, management is comfortable that it has adequate liquidity for at least the next 12 months.
- All shareholder margin loans secured against BBTV shares have been paid off.
- The Company undertook a cost optimization initiative where it reduced total headcount by approximately 14%. The effects of this cost optimization initiative will be reflected in the Company's results from Q3 2022 onwards.
- Adjusted Gross Profit3, which is a non-GAAP financial measure and defined as Gross Profit excluding amortization associated with the purchase price allocation ("PPA") related to the initial public offering, for Q2 2022 was $8.3 million, a 10% decrease in comparison to $9.2 million reported for the same quarter last year due to the decrease in revenue across Base Solutions.
- BBTV Share3 of revenue, which is a non-GAAP financial measure and defined as revenue less content creator and third-party platform fees, for Q2 2022 was $8.7 million, an 11% decrease compared to $9.7 million reported for Q2 2021.
- Gross Margin Excluding PPA Amortization2, which is a non-GAAP ratio and defined as Adjusted Gross Profit1 divided by revenue, was 8.3% in Q2 2022 up from 7.8% in Q2 2021 due to the higher revenue mix of Plus Solutions. Plus Solutions should continue to help contribute to further margin expansion in future quarters. Management expects Gross Profit to grow at a faster pace than the Company's top-line revenue.
- Adjusted Gross Margin2, which is a non-GAAP ratio and defined as Adjusted Gross Profit3 divided by BBTV Share3, was 95.5% for Q2 2022, comparable to 94.9% reported for Q2 2021. Adjusted Gross Margin2 should remain stable and above 90% for the foreseeable future.
- The current period decrease in cash outflows from operating activities over Q2 2021 was primarily due to the changes in the timing of receipts or payments of working capital items.
The current period decrease in cash outflows from operating activities over Q1 2022 was primarily due to the changes in the timing of receipts or payments of working capital items.
Q2 2022 Key Metrics:
Revenue for the three months ended June 30, 2022 decreased by $18.1 million or 15% when compared to the same period of the prior year. This decline in revenue for the current three-month period was due to a decline in Views and RPMs, partially offset by an increase in revenue in the higher margin Plus Solutions revenue stream.
Outlook
BBTV monetization is closely tied to the performance of YouTube. Recently, YouTube's parent, Alphabet reported that YouTube revenue growth slowed sequentially and year-over-year. This is primarily due to a switch in consumer preference to micro-content (less than a minute long videos) across all major platforms. YouTube successfully introduced YouTube Shorts last year to respond to consumer preferences driven by the growth of TikTok, and this format now represents over 20% of BBTV's views. However, as the Company has stated in previous conference calls, they have yet to be monetized. Alphabet announced during their most recent earnings conference call that they are accelerating their plans to monetize YouTube Shorts, which should cascade through to BBTV. Monetization is starting ahead of expected timing. Once it becomes monetized across BBTV's entire library, revenues attributable to YouTube Shorts views could represent incremental revenue of approximately $90 million dollars annually across our Base Solutions at current market rates4 and we therefore expect our overall blended RPMs to trend upward
Conference Call Details:
Wednesday August 10, 2022, 2:15pm Pacific Time / 5:15pm Eastern Time.
Participant Information:
Access Code: 132461
United States: 1 844 200 6205
United States (Local): 1 646 904 5544
Canada dial-in number (Toll Free): 1 833 950 0062
Canada dial-in number (Local): 1 226 828 7575
All other locations: +1 929 526 1599
Please connect at least 15 minutes prior to the conference call.
To coincide with the call, an Investor Highlights presentation will be available at: https://investors.bbtv.com/events-and-presentations/default.aspx
Links to SEDAR filings, conference call recordings and press releases are available on the investor website at: https://investors.bbtv.com/
Telephonic Replay:
Access Code: 337253
US (Local): 1 929 458 6194
US Toll Free: 1 866 813 9403
Canada: 1 226 828 7578
UK (Local): 0204 525 0658
All other locations: +44 204 525 0658
August 10, 2022 20:15 ET – August 24, 2022 23:59 ET
Income Statement:
Non-GAAP Financial Measures and non-GAAP Ratios Reconciliation Tables
Adjusted EBITDA and Adjusted EBITDA Margin
BBTV Share, Adjusted Gross Profit, and Adjusted Gross Margin
Free Cash Flow
BBTV is a global media and technology company headquartered in Vancouver, Canada. The Company's mission is to help content creators become more successful. With creators ranging from individuals to global media brands, BBTV provides comprehensive, end-to-end Solutions to increase viewership and drive revenue powered by its innovative technology, while allowing creators to focus on their core competency – content creation. In December 2021, BBTV had the fourth most unique monthly viewers among digital platforms with more than 600 million globally, who consumed more than 35 billion minutes of video content [1]. (www.bbtv.com)
[1] Calculations and classifications made by BBTV based on data from Comscore's "Top 12 Countries = December 2021 comScore Video Metrix Media Trend – Multi-Platform – Top 100 Video Properties Report"; Top 12 countries represent ~50% of world's digital population.
Links to SEDAR filings, conference call recordings and press releases are available on the investor website at: https://investors.bbtv.com/
The information presented within this press release includes certain financial measures such as non-GAAP financial measures, non-GAAP ratios, and supplementary financial measures, as well as a non-financial performance measure (collectively, "Key Metrics") to assist investors in assessing the overall operating performance of the Company. These measures are provided as additional information to complement IFRS measures by providing further understanding of our results of operations from management's perspective. Accordingly, these measures should not be considered in isolation nor as a substitute for analysis of our financial information reported under IFRS. They are not standardized measures under IFRS and do not have standardized meanings prescribed by IFRS, and might not be comparable to similar financial measures disclosed by other issuers. These Key Metrics are used to provide investors with supplemental information on our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS measures. We also believe that securities analysts, investors and other interested parties frequently use Key Metrics in the evaluation of issuers. Our management also uses Key Metrics in order to facilitate operating performance comparisons from period to period, to prepare annual operating budgets and forecasts and to determine components of management compensation.
The numbers for the Company's Key Metrics and related information are calculated using external industry data sources and/or internal company data. These measures may be different from non-GAAP financial measures or ratios or other metrics used by other companies and may not be comparable to similar meanings prescribed by other companies, limiting their usefulness for comparison purposes. Moreover, some of these adjustments or measures are provided for period-over-period comparison purposes, and investors should be cautioned that the effect of the adjustments provided herein is not indicative of the actual effect on the Company's operating results.
Non-GAAP Ratios contained in this press release are:
"Adjusted Gross Margin" means Adjusted Gross Profit divided by BBTV Share; and
"Adjusted EBITDA Margin" means Adjusted EBITDA divided by revenue.
"Gross Margin Excluding PPA Amortization" means Adjusted Gross Profit divided by revenue.
Non-GAAP Financial Measures contained in this press release include all financial figures with a Pro-Forma Adjustment (see Pro Forma Basis) as well as the following:
"Adjusted EBITDA" means net earnings or loss, as applicable, before finance expenses, income tax expense (recovery), amortization and depreciation, share-based compensation, unrealized and realized gains or losses due to foreign exchange, transaction-related costs, and certain other items as set out in the reconciliation table;
"BBTV Share" means revenue less content creator and third-party platform fees;
"Adjusted Gross Profit" means gross profit plus amortization associated with intangible assets acquired as part of the Business Combination Transaction;
"Free Cash Flow" means cash flows from (used in) operating activities less purchases of property and equipment and purchase or development of intangible assets;
See the financial tables above for a reconciliation of the non-GAAP ratios and non-GAAP financial measures.
Supplementary Financial Measures contained in this press release are:
"Advertising Revenue" means the revenue generated from advertising sales from the Company's owned and licensed video on demand content across digital platforms, rights management revenue from advertising sales on video on demand content, and in-app advertising on Mobile Gaming Apps.
"RPMs" or "Revenue per one thousand video Views" means the Advertising Revenues for every thousand Views generated by the Company's owned and licensed digital content. The Company does not provide a reconciliation for RPMs as there are no directly comparable IFRS measures for the components that make up RPMs.
"Gross Margin" means gross profit divided by revenue.
We monitor Advertising Revenue and RPMs to help us evaluate our business, measure our performance, identify trends affecting our business, formulate business plans and make strategic decisions. These measures are also used to provide investors with supplemental measures of our operating performance and thus highlight trends in our core business that may not otherwise be apparent when relying solely on IFRS measures. Unless the context otherwise requires, the Company believes that readers should consider the applicable metrics to be indicative of engagement and monetization trends that are key factors that affect the Company's revenue. The Company may or may not update these metrics based on the Company's determination of applicability, circumstance, relevance or other considerations.
Views are one of BBTV's non-financial performance measures and are defined as the number of views, in billions, of the Company's owned and licensed digital video content on various platforms, notably YouTube, for the stated period. The presentation of Views is reliant on certain third-party industry data and therefore is not comprehensive and may exclude views of the Company's content on certain platforms or in geographies whereby such data sources are unable to or do not track such information. Trends in Views affect revenue and financial results by influencing the Company's volume of salable media inventory, RPMs, as well as its product offerings, expenses and capital expenditures.
While Views are reported using reasonable judgments and estimates of the audience and its engagement with its content for the applicable period of measurement, there are certain challenges and limitations in measuring the usage of its content across its audience. Such challenges and limitations may also affect the Company's understanding of certain details of its business. For example, the methodologies used to measure the Company's Views and RPMs (see "Supplementary Financial Measures" above) may be susceptible to algorithm, calculation or other technical or human errors, and following an acquisition or strategic transaction, certain data may be, among other things, integrated, analyzed and reported differently by the Company than it was by the target or the strategic partner. Moreover, the Company's or its data provider's business intelligence tools may experience glitches or fail on a particular data backup or upload, which could lead to certain customer activity not being properly included in the calculation of Views and RPMs. Although the Company typically attempts to address and correct any such failures and inaccuracies relatively quickly, its reported Views and RPMs are still susceptible to the same and its estimations of such metrics may be lower or higher than the actual numbers.
This press release contains "forward–looking information" and "forward-looking statements" within the meaning of applicable securities laws (collectively, "forward-looking information"). Forward-looking information is not information about historical facts but instead represents the Company's intentions, beliefs, plans, goals, objectives and strategies regarding future events and results, and includes certain financial outlooks. Financial outlooks, in particular, are provided to aid in understanding management's goals and expectations regarding future financial matters, and, for all the reasons set out below, may not be achieved. Such financial outlooks may not be appropriate for other purposes. Forward-looking information contained in this press release includes statements that we are reiterating our guidance for over 40% growth in our Plus Solutions segment for 2022; we see significant fundamental tailwinds driving revenue contribution in our business, which include the expedited activation of YouTube Shorts monetization, which could be worth approximately $90 million in incremental revenue, and the diversification of our Base Solutions to additional platforms like Facebook; we see a clear path to Adjusted EBITDA profitability for the business; management is comfortable that it has adequate liquidity for at least the next 12 months; Plus Solutions should continue to help contribute to further margin expansion in future quarters; management expects Gross Profit to grow at a faster pace than the Company's top-line revenue; Adjusted Gross Margin2 should remain stable and above 90% for the foreseeable future; Alphabet's acceleration of its plans to monetize YouTube Shorts should cascade through to BBTV; such monetization is starting ahead of expected timing; once it becomes monetized across BBTV's entire library, it could represent incremental revenue of approximately $90 million dollars annually across our Base Solutions at current market rates and we therefore expect RPMs to trend upward. Forward-looking information is necessarily based on a number of estimates and assumptions that the Company considered appropriate and reasonable as of the date such information is given, including but not limited to the assumptions stated in footnotes 1 and 4 on pages 1 and 4, respectively, hereof, as well as the Company's assumptions that current industry growth trends will continue and the Company's growth plans will not change in any material respect; its internal financial forecasts and models, including its estimates of costs and revenue, are accurate; YouTube Shorts will be monetized as currently anticipated by Alphabet and the Company and that BBTV will immediately realize the benefit of that monetization; the Company's Plus Solutions revenue will continue to grow as expected and to show greater margins than its Base Solutions; RPMs will increase; the Company's business will otherwise expand; our creators and our strategic and other partners will perform as contractually required; we will be able to seamlessly enter into new markets and diversify into new platforms; we will be able to obtain and maintain financing on acceptable terms; as well as that our assumptions regarding foreign exchange rates and other matters are correct. Forward-looking information is subject to known and unknown risks, uncertainties, and other factors, many of which are beyond the Company's control, that may cause actual results, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the risk that the Company's assumptions on which its forward-looking information is based may not be accurate; the effect of competition; that the Company has a history of losses and negative cash flow; the Company's need for additional capital; the Company's significant reliance on its relationship with one digital platform; and the impact of the continuing COVID-19 pandemic and of current economic uncertainty; as well as the factors discussed under "Risk Factors" in the Company's Annual Information Form dated March 29, 2022 filed on sedar at www.sedar.com and in the Company's other filings with the Canadian securities regulatory authorities at www.sedar.com. The Company does not undertake any obligation to update any forward–looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
Contacts:
Media Relations
Mark Funston,
Head of Marketing and PR,
778-288-4950
mfunston@bbtv.com
Investor Relations
ir@bbtv.com
Ron Shuttleworth
Partner
Oak Hill Financial Inc
(647)–500–7371
rshuttleworth@oakhillfinancial.ca
BBTV-F
View original content to download multimedia:
SOURCE BBTV Holdings Inc.
|
https://www.kxii.com/prnewswire/2022/08/10/bbtv-announces-q2-2022-financial-results/
| 2022-08-10T20:57:22Z
|
(KTLA) – Tens of thousands of fans left Los Angeles’ SoFi stadium in disappointment Saturday night after The Weeknd stopped his performance just three songs into his set. The pop star told the audience he had lost his voice.
“I want to personally apologize to the audience,” The Weeknd, whose real name is Abel Makkonen Tesfaye, told to the crowd. “I don’t know what happened when I screamed, but I just lost my voice. This is killing me. I don’t want to stop the show but I can’t give you the concert I want to give you right now.”
“I’m going to make sure everybody’s good and (you) get your money back, and I’ll do a show real soon,” he said to gasps and boos.
The Weeknd later shared this message on social media:
“My voice went out during the first song and I’m devasted. Felt it go and my heart dropped. My deepest apologies to my fans here. I promise I’ll make it up to you with a new date.”
No new concert date has been announced.
The “Blinding Lights” singer was visiting Sofi Stadium on his “After Hours Til Dawn” tour. His next scheduled tour date is Sept. 13 in Sweden.
|
https://cw33.com/news/nexstar-media-wire/the-weeknd-abruptly-ends-concert-after-losing-his-voice/
| 2022-09-04T16:57:40Z
|
Touchdowns and 100-yard rushers: Vote for the Jackson Sun's boys athlete of the week
Vote now for The Jackson Sun's high school boys athlete of the week.
Fans may vote one time per hour. The poll ends at 11 a.m. on Thursday.
Jacob Arnold, Union City: Arnold ran for 224 yards and four touchdowns on nine carries in a 62-14 win over Lake County.
Jayce Barksdale, USJ: Barksdale had a one-yard touchdown reception, a 54-yard punt return for a touchdown and 22-yard interception return for a touchdown in a 47-0 win over Liberty.
Jackson Cassidy, McKenzie: Cassidy 8-13 for 172 yards and three touchdowns while also rushing for 74 yards and another touchdown in a 34-12 win over Huntingdon.
Leanthony Cathey, Crockett County: Cathey ran for 204 yards and three touchdowns on 28 carries in a 37-19 win over Dyer County.
AJ Finley, Adamsville: Finley had 19 carries for 176 yards and three touchdowns in a 36-35 win over TCA.
Jayden Milton, West Carroll: Milton ran for 253 yards and three touchdowns on 24 attempts in a 51-20 win over Bruceton.
Cuaron Price, Bolivar: Price caught five passes for 133 yards, two touchdowns and also had nine tackles on defense in a 34-26 loss to Scotts Hill.
Johnathon Reed, South Gibson: Reed caught three passes for 190 yards, three touchdowns and also returned a blocked punt for a touchdown in a 38-17 win over Lexington.
Khy Thompkins, TCA: Thompkins 25 carries for 140 yards and two touchdowns while also catching four passes for 118 yards and another touchdown against Adamsville.
Brayden Wilks, Hardin County: Wilks ad five catches for 162 yards and three touchdowns in a 36-0 win over North Side.
Note: If the poll doesn't appear, click here.
Reach Joe Spears at jspears2@gannett.com. Follow him on Instagram and Twitter @joe_spears7.
|
https://www.jacksonsun.com/story/sports/high-school/2022/08/22/tn-high-school-football-vote-jackson-sun-week-1-boys-athlete-week/7858738001/
| 2022-08-22T18:39:48Z
|
Frontier flight attendant delivers baby mid-flight heading to Orlando
By WESH Staff
Click here for updates on this story
ORLANDO (WESH) — A flight attendant from Frontier is in the spotlight for helping deliver a baby mid-flight on the way to Orlando.
The early and unexpected labor took place on a plane that was on its way to Orlando from Denver.
Frontier says flight attendant Diana Giraldo helped the mother into the back lavatory and stayed with her as the baby arrived.
The crew decided to land early in Pensacola so the mom could get to a hospital.
According to the airline, the mom told them she chose the middle name “Sky” for her newborn daughter.
“The whole crew really did a great job. I transferred controls and flying duties to my First Officer as I coordinated the diversion. Dispatch did a great job as well by suggesting Pensacola Airport and getting a gate and paramedics ready for us. This was a job well done, and I was happy to see everyone working together to successfully deliver a newborn on an aircraft!” said Captain Chris Nye.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform.
|
https://localnews8.com/news/2022/05/18/frontier-flight-attendant-delivers-baby-mid-flight-heading-to-orlando/
| 2022-05-18T21:20:50Z
|
NEW YORK, July 15, 2022 /PRNewswire/ -- Frederick Wildman and Sons announced today that Marc Hirten has left his position as President and COO of Frederick Wildman and Sons Ltd.
Corrado Casoli, Chairman of Frederick Wildman, and Roberta Corrà, CEO, along with all the other shareholders, would like to thank Marc for his contribution over the years to the leadership of the company. Roberta Corrà will cover Mr. Hirten's role until a replacement is named.
Frederick Wildman has great pleasure in announcing the appointment effective July 15, 2022 of Mr. Matt Munn in the role of Chief Commercial Officer (CCO). Mr. Munn can boast long and varied experience in the Wine and Spirits sector having worked for over twenty years at leading Suppliers and Distributors such as E&J Gallo, Schieffelin & Somerset (now Moet Hennessy USA) and most recently with Southern Glazer's where he was Senior Vice President and General Manager. The Sales, Logistics and, on an interim basis, Marketing Management teams will report directly to Mr. Munn.
"I am sure that the entire company will benefit from the contribution of this new managerial figure and that he will lend great support to all the Sales team thanks to his professionalism and commercial know-how," states Chairman Corrado Casoli.
"With the arrival of Matt Munn in Frederick Wildman, we are taking a significant step towards continued company growth and all of the French partners wish him every success and much satisfaction," says Laurent d'Harcourt, CEO of Champagne Pol Roger, commenting on behalf of the French shareholders.
The Chairman, CEO and all the shareholders will continue working to ensure that Frederick Wildman is, and continues to be, a benchmark company in the industry.
Frederick Wildman and Sons is a New York based fine wine importer offering the leading properties from France, Italy, Spain, Argentina, and other regions. The portfolio includes more than 75 brands, including: Pol Roger, Olivier Leflaive, Pascal Jolivet, Château Fuissé, Famille Hugel, Domaine Faiveley, Marchesi di Barolo, as well as Cantine Riunite; CIV's full portfolio, and the fine wines of Gruppo Italiano Vini including Nino Negri, Santi and Re Manfredi. For more information, visit frederickwildman.com.
View original content to download multimedia:
SOURCE Frederick Wildman and Sons
|
https://www.wibw.com/prnewswire/2022/07/15/frederick-wildman-announces-that-matt-munn-is-joining-company-role-chief-commercial-officer-that-marc-hirten-ends-his-tenure-president-coo/
| 2022-07-15T13:32:17Z
|
MIRAMAR, Fla., May 4, 2022 /PRNewswire/ -- Spirit Airlines, Inc. (NYSE: SAVE) today reported first quarter 2022 financial results.
Ended the first quarter 2022 with $1.6 billion of unrestricted cash, cash equivalents, short-term investment securities and liquidity available under the Company's revolving credit facility.
"Since mid-February 2022, we've seen a dramatic improvement in demand trends, with March total revenue per passenger segment up nearly 10 percent compared to March 2019. Our non-ticket production has been very strong driven by enhanced revenue management and merchandising of products that allow our Guests to customize their travel experience. As a result, we achieved record-high non-ticket revenue per passenger segment of $64.53 for the first quarter 2022, an increase of 14.8 percent compared to first quarter 2019, and we anticipate beating that record again in the second quarter 2022," said Ted Christie, Spirit's President and Chief Executive Officer. "In addition, based on our current booking trends, we expect second quarter 2022 ticket revenue per segment to be significantly higher than it was in the second quarter 2019."
"I also want to acknowledge and thank the entire Spirit team for their continued efforts to care for our Guests and each other. Late last year, we cut our planned capacity growth for 2022 in light of various staffing challenges and felt very good about our ability to operate the revised summer schedule. However, the airline industry has been impacted by an increase in Air Traffic Control ("ATC") programs and restrictions in Florida, largely driven by ATC staffing shortages. This has had an outsized impact on our operations given our large concentration in Florida. As a result, in mid-April, we made the decision to decrease some flying in Florida and increase the buffers in our schedule, which drove additional capacity reductions. We expect to resume our planned capacity levels in the fourth quarter this year due to already-planned crew network changes set to deploy this summer and increased pilot hiring that has been happening throughout the year."
The Company believes that providing analysis of financial and operational performance compared to first quarter 2019 is a more relevant measure of performance than comparing to first quarter 2021 due to the severe impacts from the COVID-19 pandemic on the Company's financial results and operational performance for 2021.
First Quarter 2022 Results
For the first quarter 2022, Spirit Airlines reported a net loss of $194.7 million, or a net loss of $1.79 per diluted share. Excluding special items, adjusted net loss for the first quarter 2022 was $173.5 million1, or an adjusted net loss of $1.60 per diluted share1.
Adjusted EBITDA for the first quarter 2022 was negative $108.2 million and adjusted EBITDA margin was negative 11.2 percent.
Capacity and Load Factor
Capacity, or available seat miles ("ASMs"), in the first quarter 2022 increased 19.2 percent compared to the same period in 2019. Load factor for the first quarter 2022 was 77.2 percent, down 5.5 percentage points compared to the first quarter 2019. Load factors improved sequentially throughout the quarter such that the exit rate for March load factor was in line with the Company's historical averages.
Aircraft utilization in the first quarter 2022 was 10.8 hours, down 11.5 percent compared to the 12.2 hours in the same period of 2019.
Revenue Performance
Total operating revenues for the first quarter 2022 were $967.3 million, an increase of 13.0 percent versus first quarter 2019 due to increased flight volume and higher operating yields. Total revenue per ASM ("TRASM") was down 5.3 percent compared to first quarter 2019. However, TRASM for March 2022 was higher than March 2019 and this was accomplished while growing capacity 17.1 percent in March 2022 compared to March 2019.
On a per passenger flight segment basis, for the first quarter 2022 total revenue per passenger flight segment ("segment") increased 3.9 percent compared to the same period in 2019 to $113.72. Compared to first quarter 2019, fare revenue per segment decreased 7.6 percent to $49.19 and non-ticket revenue per segment increased 14.8 percent to $64.532.
Cost Performance
Compared to the first quarter 2019, total GAAP operating expenses for the first quarter 2022 increased 53.5 percent to $1,178.8 million. Adjusted operating expenses for the first quarter 2022 increased 50.3 percent compared to the first quarter 2019 to $1,151.7 million3. In addition to increased flight volume, these increases were primarily driven by pressure on labor rates and higher fuel prices.
Spirit continues to experience labor cost inflation throughout much of the organization, including for contracted ground service workers (recorded within other operating expense in the Company's condensed consolidated statement of operations). In addition, as a result of the Omicron variant's impact on the Company's staffing levels in early January 2022, the Company offered various incentive pay programs during this period in order to maintain sufficient staffing to minimize flight cancellations, leading to additional wage pressures.
Rising fuel prices were also a primary contributor to increased costs. Fuel price per gallon in the first quarter 2022 was 41.1 percent higher than for the same period in 2019.
"Our strong non-ticket production plus the forward booking curve strength gives us confidence we will see strong yields this summer. However, operational disruptions and limits on utilization are causing delays in our return to profitability. The decision to further limit our capacity this summer does make profitability more challenging in the short run. With constrained capacity levels through the summer, we will be carrying the cost of additional crews and our utilization will be lower than we like, but this does not change the plan to exit the year at close to full utilization and be on our way to a return to a more normalized run rate in 2023. In fact, at these demand levels, even with fuel at more than $100 a barrel, we would have expected to be profitable in the second quarter with around 90 percent of our pre-covid utilization," said Scott Haralson, Spirit's Chief Financial Officer.
Fleet
Spirit took delivery of three new A320neo aircraft during the first quarter 2022. The Company ended the quarter with 176 aircraft in its fleet.
Liquidity and Capital Deployment
Spirit ended first quarter 2022 with unrestricted cash, cash equivalents, short-term investment securities and liquidity available under the Company's revolving credit facility of $1.6 billion.
Total capital expenditures, including net pre-delivery purchase deposits for the three months ended March 31, 2022 were $53.2 million, primarily related to the purchase of spare parts, including one spare engine.
Tax Rate
On a GAAP basis, the Company's effective tax rate for the first quarter 2022 was 20.2 percent. The Company's non-GAAP tax rate for the first quarter 2022 was 20.0 percent.
Forward Looking Guidance
The second quarter and full year 2022 guidance items provided below are based on the Company's current estimates and are not a guarantee of future performance. There could be significant risks and uncertainties that could cause actual results to differ materially, including the risk factors discussed in the Company's reports on file with the Securities and Exchange Commission. Spirit undertakes no duty to update any forward-looking statements or estimates.
Adjusted operating expenses and adjusted pre-tax margin are non-GAAP financial measures, which are provided on a forward-looking basis. The Company does not provide a reconciliation of non-GAAP forward-looking measures on a forward-looking basis where the Company believes such reconciliation would imply a degree of precision and certainty that could be confusing to investors and is unable to reasonably predict certain items included in/excluded from the GAAP financial measures without unreasonable efforts. This is due to the inherent difficulty of forecasting the timing or amount of various items that have not yet occurred and are out of the Company's control or cannot be reasonably predicted. For the same reasons, the Company is unable to address the probable significance of the unavailable information. Non-GAAP forward-looking measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures.
First Quarter 2022 Highlights
- In February 2022, for the fourth year in a row, Spirit was awarded the FAA's highest award for Technical Training, the Diamond Award of Excellence. This award is only achieved if 100% of technicians receive the FAA's Aircraft Maintenance Technician ("AMT") Certificate of Training
- Launched its partnership with the nation's largest flight school, Jacksonville-based ATP Flight School. This new program will expand the carrier's pipeline of highly skilled, professional pilots. It also provides graduates with the fastest track to a successful career as a Spirit pilot
- Announced the addition of new Pilot and Flight Attendant bases at Miami International Airport (MIA) and Hartsfield-Jackson Atlanta International Airport (ATL)
- Completed its terminal move at LaGuardia Airport (LGA) to the historic Marine Air Terminal
- Hosted the Spirit Open with Team Members, aviation industry professionals and community leaders joining together to help The Spirit Charitable Foundation raise more than $1.5 million for nonprofit organizations
Conference Call/Webcast Detail
Spirit will conduct a conference call to discuss these results tomorrow, May 5, 2022, at 10:00 a.m. Eastern US Time. A live audio webcast of the conference call will be available to the public on a listen-only basis at http://ir.spirit.com. An archive of the webcast will be available under "Events & Presentations" for 60 days.
Merger Agreement with Frontier
As previously announced, Spirit Airlines, Inc. entered into a merger agreement with Frontier Group Holdings, Inc. on February 5, 2022. The merger is expected to close in the second half of 2022, subject to satisfaction of customary closing conditions, including completion of the regulatory review process and approval by Spirit stockholders.
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.
Investors are encouraged to read the Company's periodic and current reports filed with or furnished to the Securities and Exchange Commission, including its Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K, for additional information regarding the Company.
End Notes
Forward Looking Statements
Forward-Looking Statements in this report and certain oral statements made from time to time by representatives of the Company contain various forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act") which are subject to the "safe harbor" created by those sections. Forward-looking statements are based on our management's beliefs and assumptions and on information currently available to our management. All statements other than statements of historical facts are "forward-looking statements" for purposes of these provisions. In some cases, you can identify forward-looking statements by terms such as "may," "will," "should," "could," "would," "expect," "plan," "anticipate," "believe," "estimate," "project," "predict," "potential," and similar expressions intended to identify forward-looking statements. Forward-looking statements include, without limitation, guidance for 2022 and statements regarding the Company's intentions and expectations regarding revenues, cash burn, capacity and passenger demand, additional financing, capital spending, operating costs and expenses, taxes, EBITDA, EBITDA margin, hiring, aircraft deliveries and stakeholders, vendors and government support. Such forward-looking statements are subject to risks, uncertainties and other important factors that could cause actual results and the timing of certain events to differ materially from future results expressed or implied by such forward-looking statements. Factors include, among others, the extent of the impact of the COVID-19 pandemic on the Company's business, results of operations and financial condition, and the extent of the impact of the COVID-19 pandemic on overall demand for air travel, restrictions on the Company's business by accepting financing under the CARES Act and other related legislation, the competitive environment in our industry, our ability to keep costs low and the impact of worldwide economic conditions, including the impact of economic cycles or downturns on customer travel behavior, the consummation of the merger with Frontier and other factors, as described in the Company's filings with the Securities and Exchange Commission, including the detailed factors discussed under the heading "Risk Factors" in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021. Furthermore, such forward-looking statements speak only as of the date of this release. Except as required by law, we undertake no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. Risks or uncertainties (i) that are not currently known to us, (ii) that we currently deem to be immaterial, or (iii) that could apply to any company, could also materially adversely affect our business, financial condition, or future results. Additional information concerning certain factors is contained in the Company's Securities and Exchange Commission filings, including but not limited to the Company's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K.
The Company does not provide a reconciliation of forward-looking measures on a forward-looking basis where the Company believes such reconciliation would imply a degree of precision and certainty that could be confusing to investors and is unable to reasonably predict certain items included in/excluded from the non-GAAP financial measures without unreasonable efforts. This is due to the inherent difficulty of forecasting the timing or amount of various items that have not yet occurred and are out of the Company's control or cannot be reasonably predicted. For the same reasons, the Company is unable to address the probable significance of the unavailable information. Non-GAAP forward-looking measures provided without the most directly comparable GAAP financial measures may vary materially from the corresponding GAAP financial measures.
Non-GAAP Financial Measures
The Company evaluates its financial performance utilizing various accounting principles generally accepted in the United States of America ("GAAP") and non-GAAP financial measures, including Adjusted operating expenses, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted operating income (loss), Adjusted operating margin, Adjusted pre-tax income (loss), Adjusted pre-tax margin, Adjusted net income (loss), Adjusted diluted earnings (loss) per share and Adjusted CASM. These non-GAAP financial measures are provided as supplemental information to the financial information presented in this press release that is calculated and presented in accordance with GAAP and these non-GAAP financial measures are presented because management believes that they supplement or enhance management's, analysts' and investors' overall understanding of the Company's underlying financial performance and trends and facilitate comparisons among current, past and future periods.
Because the non-GAAP financial measures are not calculated in accordance with GAAP, they should not be considered superior to and are not intended to be considered in isolation or as a substitute for the related GAAP financial measures presented in the press release and may not be the same as or comparable to similarly titled measures presented by other companies due to possible differences in the method of calculation and in the items being adjusted. We encourage investors to review our financial statements and other filings with the Securities and Exchange Commission in their entirety and not to rely on any single financial measure.
The information below provides an explanation of certain adjustments reflected in the non-GAAP financial measures and shows a reconciliation of non-GAAP financial measures reported in this press release (other than forward-looking non-GAAP financial measures) to the most directly comparable GAAP financial measures. Within the financial tables presented, certain columns and rows may not add due to the use of rounded numbers. Per unit amounts presented are calculated from the underlying amounts.
The Company believes that adjusting for special charges (credits), gains and losses on disposal of assets, costs associated with accelerated asset retirements is useful to investors because these items are not indicative of the Company's ongoing performance and the adjustments are similar to those made by our peers and allow for enhanced comparability to other airlines. In prior periods, we excluded supplemental rent adjustments related to the modification of aircraft or engine leases from our non-GAAP measures. However, we no longer exclude supplemental rent adjustments and, as such, non-GAAP measures for 2021, 2020, and 2019 have been revised to reflect this change and no longer exclude any previously reported supplemental rent adjustments.
Operating expenses per available seat mile ("CASM") is a common metric used in the airline industry to measure an airline's cost structure and efficiency. We exclude aircraft fuel and related taxes and special items from operating expenses to determine Adjusted CASM ex-fuel. We also believe that excluding fuel costs from certain measures is useful to investors because it provides an additional measure of management's performance excluding the effects of a significant cost item over which management has limited influence and increases comparability with other airlines that also provide a similar metric.
View original content to download multimedia:
SOURCE Spirit Airlines, Inc.
|
https://www.wibw.com/prnewswire/2022/05/04/spirit-airlines-reports-first-quarter-2022-results/
| 2022-05-05T00:45:26Z
|
EXPLAINER: What Twitter’s ‘poison pill’ is supposed to do
By MICHAEL LIEDTKE
AP Technology Writer
Twitter is trying to thwart billionaire Elon Musk’s takeover attempt with a “poison pill” — a financial device that companies have been wielding against unwelcome suitors for decades. Ingredients of each poison pill vary, but they are all designed to give corporate boards an option to flood the market with so much newly created stock that a takeover becomes prohibitively expensive. Although they’re supposed to help prevent unsolicited takeovers, poison pills also often open the door to further negotiations that force a bidder to sweeten the deal. Adopting a poison pill also often draws lawsuits.
|
https://localnews8.com/news/ap-national-business/2022/04/15/explainer-what-twitters-poison-pill-is-supposed-to-do/
| 2022-04-15T22:15:58Z
|
Rising sales of high quality items to boost value gains
CLEVELAND, May 16, 2022 /PRNewswire/ -- Demand for hoses and belts in the US is forecast to grow 4.6% yearly in nominal terms through 2026, according to Hoses & Belts: United States, a report recently released by Freedonia Focus Reports. Some demand growth will stem from the use of higher quality hoses and belts at a higher price point, particularly among the oil and gas, mining, and transportation equipment sectors. Rising transportation equipment output will spur demand for vehicular hoses and nonflat belts. Increasing production of machinery will boost sales of industrial hose, fluid power hose, flat belts, and nonflat belts. Domestic oil and gas production is expected to rise through 2026, which will benefit suppliers of related hoses. However, the increased durability of hose and belt products will restrain further gains in the aftermarket.
US hose and belt shipments are projected to see gains of 2.9% per year through 2026. Increases in domestic demand, as well as rising exports to key destinations such as Mexico, will spur US shipments. Growth in shipments will also be driven by the construction and expansion of domestic manufacturing facilities.
These and other key insights are featured in Hoses & Belts: United States. This report forecasts to 2022 and 2026 US hose and belt demand and shipments in nominal US dollars at the manufacturer level. Total demand is segmented by product in terms of:
- vehicular hose
- flat belts
- nonflat belts
- industrial hose
- air and water hose
- fluid power hose
To illustrate historical trends, total demand and the various segments, total shipments; and trade are provided in annual series from 2011 to 2021. The number of US firms, establishments, and employment are provided in annual series from 2009-2019.
Hoses and belts may be constructed from rubber and plastic. Hose fittings are excluded from the scope of this report. Re-exports of hoses and belts are excluded from demand and trade figures.
More information about the report is available at:
https://www.freedoniafocusreports.com/Hoses-Belts-United-States-FF50010/?progid=91541
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Industrials reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com
View original content to download multimedia:
SOURCE The Freedonia Group
|
https://www.wibw.com/prnewswire/2022/05/16/us-hose-amp-belt-demand-bolstered-by-transport-equipment-machinery-oil-amp-gas-sectors/
| 2022-05-16T20:55:27Z
|
Verakari's Energy Enhancements Help Crypto Miners Navigate High Energy Costs and Climate Implications Associated with Inefficient Mining Rigs
BELLEFONTE, Pa., June 1, 2022 /PRNewswire/ -- Verakari, a cryptocurrency hosting pioneer offering discerning enterprise miners secure, high-tech, cost-effective sturdy facilities in strategic locations around the globe, announces its support for crypto miners reeling from soaring energy costs and environmentally-conscious crypto enthusiasts looking to minimize their carbon footprint.
As cryptocurrencies become more popular and mainstream, the electricity needed to mine new tokens is increasingly alarming, with estimates noting that global crypto mining consumes more electricity than many countries. According to one estimate, electricity accounts for up to 95 percent of bitcoin mining costs, making it a determining factor for profitability and environmental impact.
Meanwhile, a confluence of factors, including geopolitical conflict, supply chain challenges, and natural disasters, have made electricity even more expensive.
Verakari's special and unique mine design was developed with sustainability in mind. Verakari mines and mobile data centers operate with a fanless infrastructure by leveraging airflow-conducive design and energy efficiency standards to reduce energy waste.
In addition, Verakari implements custom circuitry and network components that accommodate an aggressive response to grid energy needs; special software and innovative, custom designed engineering eliminates issues with electricity harmonics and dynamic power changes that occur as a result of calls for grid stability. This extends the life of the Bitcoin mining machines and dramatically reduces the total electricity footprint required to operate the mine.
Most recently, Verakari partnered with CPower to implement the company's EnerWiseTM Site Optimization, allowing crypto miners to better respond to multiple grid needs with clean energy sources while maximizing the site's energy savings. This artificial intelligence-powered engine helps Distributed Energy Resource (DER) owners and developers manage and monetize all of their DERs across multiple energy markets and utility programs simultaneously by analyzing the latest market and grid conditions.
"Verakari is always looking for ways to support our customers who are brilliant and support efforts to put environment and sustainability first," said Tim Sandau, Verakari's CEO. "We are committed to enabling a cleaner and more reliable grid for ourselves, our communities, and our planet, and this priority is built right into the fundamental structure of our flagship products."
To learn more about Verakari's crypto mining products or mobile data centers, visit https://verakari.com/ and watch their virtual reality tour.
Headquartered in Bellefonte, PA, Verakari is a cryptocurrency hosting pioneer offering discerning enterprise miners secure, high-tech, cost-effective sturdy facilities in strategic locations around the globe. The company's state-of-the-art datacenters are turn-key, purpose-built for security and durability, and outfitted with built-in innovative proprietary software. With over a hundred thousand miners deployed, Verakari was built by some of the most experienced miners in North America, an elite team of trusted veteran crypto industry leaders from some of the world's biggest brands. Committed to 100% carbon-free energy use, Verakari has been recognized by the Focus Central PA Industrial Development Forum for its contributions to central Pennsylvania community. For more information please visit www.verakari.com, connect with us at LinkedIn, Twitter or Instagram, or contact us at hello@verakari.com.
Press Inquiries:
Kristen Aikey
347-394-8807
kristen@jmgpr.com
View original content:
SOURCE Verakari
|
https://www.mysuncoast.com/prnewswire/2022/06/01/verakari-enhances-energy-efficiency-crypto-miners-with-industry-differentiating-design-specs-software-elements/
| 2022-06-01T12:36:41Z
|
Labradors, poodles and terriers -- oh, my.
Those dog breeds and more will be on showcase starting Saturday as part of the 146th Westminster Kennel Club Dog Show. Here's everything you need to know about it.
What is the Westminster Kennel Club Dog Show?
The Westminster Kennel Club Dog Show is the second oldest continuous sporting event in the United States after the Kentucky Derby. The Westminster Kennel Club was formed in the 1870s by a group of dog fans meeting at the Westminster Hotel. In 1876, they decided to launch an annual dog show, and in 1877 they presented their first show in New York City.
Today, the show is a multi-day competition bringing together thousands of dogs from across the nation. Hundreds of dog breeds are categorized into seven groups: Sporting, Hound, Working, Terrier, Toy, Non-Sporting and Herding.
Each canine competitor will first compete for Best in Breed. The winning dogs will then move up to Best in Group and finally Best in Show.
In addition to this breed competition, the show also includes agility and obedience competitions, which are open to mixed breed dogs. During the agility contest, dogs will complete a complex obstacle course, weaving between poles and leaping over fences. And in the obedience competition, dogs will show off their ability to follow their handler's commands.
When and where is the Westminster Kennel Club Dog Show?
The Westminster Kennel Club Dog show will start on Saturday, June 18 at the Lyndhurst Estate in Tarrytown, New York. This is the second year in a row that the show has been held at Lyndhurst instead of its usual home at Madison Square Garden in New York City. The competition was relocated due to concerns about COVID-19, according to a press release.
Saturday's contest is the Masters Agility Championship, with preliminaries taking place from 8:00 a.m. to 4:00 p.m. The final competition takes place from 7:00 p.m. to 9:00 p.m.
The competition will pick up again on Monday, June 20, with the Masters Obedience Championship and the judging of Hound and Herding breeds. Both contests will take place from 8:00 a.m. to 4:30 p.m.
On Tuesday, June 21, spectators can watch the judging of Toy, Terrier and Non-Sporting breeds and the Junior Showmanship Preliminaries, in which children show off their dog handling skills, from 8:00 a.m. to 4:30 p.m. Afterward, the judging of the Hound, Toy, Non-Sporting and Herding Groups takes place from 7:30 p.m. to 11:00 p.m.
On Wednesday, June 22, the judging of the Sporting and Working breeds and the Junior Showmanship Preliminaries will happen from 8:00 a.m. to 4:30 p.m. The Junior Showmanship Finals takes place from 7:00 p.m. to 7:30 p.m. The last groups -- Sporting, Working and Terrier -- will be judged from 7:30 p.m. to 11:00 p.m.
Finally, the winners from each of the seven groups will compete for Best in Show.
How can I watch the Westminster Kennel Club Dog Show?
Spectators hoping to watch the action live can still purchase tickets for the show online. But if you can't make it to Tarrytown, don't worry: The show will be streaming on westminsterkennelclub.org, the WKC App and FOX Sports App.
FOX Deportes will provide Spanish-language coverage of the competition, and Canadian dog lovers can watch the show on Sportsnet.
Who's competing?
Nearly 3,500 dogs will take part in the competition, according to the Westminster Kennel Club. Participants are invited to compete based on strict entry requirements, including how many other dogs they've defeated in breed competitions. Dogs can also become eligible if they have won a certain number of major show awards.
A total of 209 breeds and varieties of dogs will compete for Best in Show. This year, there are two new breeds eligible for the award: the Mudi, a Herding group dog from Hungary, and the Russian toy, a small competitor in the Toy group once popular among the Russian aristocracy.
There will be 70 golden retrievers, 49 labrador retrievers and 46 pugs in attendance, making these the most represented dogs at the show.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
|
https://www.albanyherald.com/news/heres-how-to-watch-this-years-westminster-kennel-club-dog-show/article_20e4e6db-733c-5cc2-aa21-3933df671865.html
| 2022-06-18T14:56:27Z
|
Global Public Health Organization Announces Update to C-Suite
ANN ARBOR, Mich., July 18, 2022 /PRNewswire/ -- NSF, a leading global public health and safety organization, today named Sean Etheridge its Chief Legal Officer. Etheridge brings nearly two decades of experience to his new role, where he will advise and counsel NSF leaders on the legal, risk and compliance aspects of business and policies.
As NSF's Chief Legal Officer, Etheridge will serve as a liaison for executive leadership, management, the Board of Directors, outside legal counsel, and regulatory agencies in all legal and compliance matters. He will oversee compliance programs and complex strategic transactions, review and develop agreements, and recommend strategies and solutions. Etheridge will also develop legal frameworks to support the company's business strategy, ensuring its ability to operate globally to advance NSF's reputation and mission.
"Sean's prior experience leading legal teams in the public health sector is invaluable to our global work," said Pedro Sancha, President and CEO, NSF. "We're confident he will succeed in elevating our operations to further our mission to protect and improve human health worldwide."
Etheridge joins NSF from Stryker Corporation, where he served as Vice President and Corporate Secretary since 2020. He has held positions overseeing global legal and compliance operations since he joined the Fortune 250 company in 2014.
Prior to Stryker Corporation, Etheridge was a partner at Michigan-based Honigman Miller Schwartz and Cohn LLP, a Senior Associate at Shefsky & Froelich Ltd. in Chicago, IL, and an Associate at Morrison & Foerster LLP in San Diego, CA. He earned his Juris Doctorate in 2003 from the University of Michigan Law School, preceded by a Bachelor of Arts in Political Science from the University of Michigan in 1999.
Etheridge was honored as a Rising Star by Michigan Super Lawyers in 2012 and 2013, and was the sole recipient of the 2015 Rising Star Award at the Crain's Detroit General and In-House Counsel Awards.
NSF is an independent, global organization that facilitates standards development to minimize adverse health effects and protect the environment. With clients in more than 180 countries, NSF tests and certifies products for the food, water, health sciences, and consumer goods industries. Founded in 1944 at the University of Michigan School of Public Health, NSF is committed to protecting human health and safety worldwide. NSF is a Pan American Health Organization/World Health Organization Collaborating Centre on Water Quality, Food Safety, and Medical Device Safety.
View original content to download multimedia:
SOURCE NSF
|
https://www.mysuncoast.com/prnewswire/2022/07/18/nsf-names-sean-etheridge-chief-legal-officer/
| 2022-07-18T14:48:48Z
|
Tropical storm warning issued for the Suncoast
SARASOTA, Fla. (WWSB) - A tropical storm warning has been issued for Sarasota and parts of Manatee counties.
A warning means tropical storm conditions are expected somewhere within the warning area within 36 hours.
As of 5 a.m. today, hurricane hunter aircraft and meteorologists were unable to find a center of circulation in the massive amount of rain the wind that is to the east and north of the Yucatan Peninsula.
Another aircraft will investigate this morning but, until a center is found, the system cannot be classified as a tropical depression or tropical storm.
However, they did find tropical storm winds located in thunderstorms removed from the suspected location of the circulation center. Computer models remain in surprisingly good agreement on the evolution and track of the system so, with respect to the models, the forecast cone has been shifted south of Sarasota and Manatee counties and the timing speed up a bit with the storm landing around Fort Myers early Saturday morning.
For the Suncoast it means periods of heavy rains starting this afternoon and going into Saturday morning and possibly afternoon as well. Total rain amounts are estimated at 1 to 3 inches but there is a potential for as much as 6 or even more.
If the center is found to be in a farther north location and the track adjusted northward, we could see stronger wind gusts. Regardless, the seas will be angry and boaters should stay off the water.
Copyright 2022 WWSB. All rights reserved.
|
https://www.mysuncoast.com/2022/06/03/tropical-disturbance-still-unorganized-southern-gulf/
| 2022-06-03T11:34:32Z
|
US investigating complaints that Honda engines won’t restart
DETROIT (AP) — The U.S. government’s road safety agency is investigating complaints that the fuel-saving stop-start system on some Honda Pilot SUVs can fail to restart.
The National Highway Traffic Safety Administration says the probe covers nearly 195,000 Pilots from 2016 through 2020.
The agency says it has 221 complaints about the problem, but no reports of crashes or injuries.
Owners complained that the engine won’t restart on its own from a complete stop with the stop-start feature in use.
Some complained that a jump start was needed to get the motor going.
The Pilots under investigation have 3.5-liter V6 engines and nine-speed transmissions.
The agency says it’s assessing safety issues and determining how many models are affected.
A message was left Tuesday seeking comment from Honda.
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.kxii.com/2022/06/07/us-investigating-complaints-that-honda-engines-wont-restart/
| 2022-06-07T15:36:54Z
|
Parents charged with murder after baby found buried in backyard
ERWIN, N.C. (WRAL) - A North Carolina couple is being charged with the murder of their baby after the child was found buried in a backyard.
Dustin Vandyke, 28, and Gracie Riddle, 18, are being charged with first-degree murder.
“Anytime you’re dealing with a death or homicide, it’s sad for everyone involved,” Erwin Police Chief Jonathan Johnson said.
Friday night, police in Erwin, North Carolina, got a tip about an unreported death on Moulton Spring Road.
After interviewing several people in the area, police were able to get a search warrant on the property. With the use of cadaver K-9s, they located an infant buried in the backyard.
“This person, and I’m sure there’s other people with knowledge of the incident through word of mouth or whatever, I think this person just finally got to a point where their conscious got to them and they decided they needed to talk about it and tell someone. And that’s how we initially got the report,” Johnson said.
The gender of the baby is unknown at this time and the death does not appear to be accidental.
“You just never know what somebody is going through or why somebody would do the things they do. You just have to be vigilant and report anything suspicious,” Johnson said.
Officials are waiting on autopsy results for a cause of death.
Johnson says this is an isolated incident and there is no danger to the public.
Copyright 2022 CNN Newsource. All rights reserved.
|
https://www.kxii.com/2022/08/22/parents-charged-with-murder-after-baby-found-buried-backyard/
| 2022-08-22T13:05:18Z
|
United States to host Rugby World Cup for 1st time
DUBLIN (AP) — The United States will stage a Rugby World Cup for the first time after being voted as the host of the men’s tournament in 2031 and the women’s tournament two years later. Australia also is staging back-to-back tournaments in 2027 (men) and 2029 (women). World Rugby announced the host nations for all the World Cups from 2025-33 after a meeting of its council in Dublin. The sport is breaking new ground by taking its most prestigious tournament to North America. World Rugby regards it as an area of untapped potential in both a commercial and sporting sense.
|
https://localnews8.com/sports/ap-national-sports/2022/05/12/united-states-to-host-rugby-world-cup-for-1st-time/
| 2022-05-12T11:59:48Z
|
- With 1.1M+ users in 150+ countries, achieved in the last 5 months organically, pre-launch
- Hatch Kids enables students aged 6-18 to build 3D games, AR/VR apps, and immersive Metaverse experiences without prior coding or design experience
SAN FRANCISCO, May 18, 2022 /PRNewswire/ -- Camp K12, an ed-tech startup building a global online school for 21st century skills for kids aged 5-18, announced today the launch of Hatch Kids, its very own Metaverse and AR/VR creation platform for young learners.
Camp K12 originally built the Hatch Kids platform for use in its own online programming courses, but after witnessing strong demand from educators and students while working with early partners, it is now opening up the platform for any organization to use free of cost, along with free AR/VR curriculum modules for educators and schools.
Over the past 6 months, Hatch Kids has grown organically to 1.1M+ users across 150 countries via school, government, and ed-tech partnerships, with 75% of users coming from US and Canada. Other top geographies include UK, Australia, and India. Students have created 3.6M+ projects on the platform to date.
Speaking about Hatch's vision, Camp K12's co-founder and CEO, Anshul Bhagi, said "There are 100m+ kid coders out there today using a variety of free coding platforms to learn coding by building games and apps. These platforms are incredibly effective and they set the stage for the kids coding movement back in 2007, however the vast majority of them are restricted to 2D project creation, built for the age of smartphones and flat screens. As technologies like AR and VR go mainstream, we need to upgrade the tools that kids learn on and that educators teach on for modern-day use cases and content formats. We built Hatch as a kids coding platform for the age of the Metaverse. We want to give 100m+ young kids their first AR/VR creation experience and the self-confidence to be builders in the inevitable Mixed Reality future rather than passive consumers of it."
The platform is being used today by governments (including the Government of Delhi, in India), and 100s of schools and ed-techs across the globe. In December, Hatch Kids was featured on Code.org as an "Hour of Code" activity and today has grown to be the #1 most popular activity for students from Grades 6-8 and the #3 most popular activity overall in the Code.org "Hour of Code" ecosystem.
The team expects 2M+ MAUs by December 2022, powered by both direct-to-student consumption, as well as partnerships with 1500+ schools, ed-tech, and additional government bodies worldwide by year end.
About Hatch Kids:
Hatch Kids is a free online creation platform for kids that makes it possible for students spanning ages 6 to 18 to create 3D, Augmented Reality (AR), Virtual Reality (VR), and Metaverse experiences with ease, in an age where kids are captivated by 3D games like Roblox and Minecraft and yet the mainstream kids coding platforms are still restricted to 2D project creation.
Hatch Kids supports all K-12 age groups and experience levels. Younger students and first-time coders can create using a visual, blocks-based programming environment similar to that of MIT Scratch, while older or more experienced students can create advanced 3D applications using JavaScript. Students can instantly publish and share their creations to millions of supported devices including iPads, smartphones, professional VR headsets, laptops & desktops via a simple QR code scan or a link share.
Educators, organizations, and parents can use Hatch Kids to teach Coding and other STEM subjects to kids in the most immersive manner (kids learn best when they are engaged, and nothing is more engaging for a child than the act of creating 3D worlds he/she can walk around in and share with friends). Hatch Kids is iPad and Chromebook compatible for use in schools.
About Camp K12:
Camp K12 is a global online school for 21st century skills, teaching Coding and other STEM topics to kids aged 5-18 via LIVE, interactive, gamified online sessions that work 10x better than status quo. The company has raised $16M to date, led by Elevation Capital and Matrix Partners India, and serves 400k+ students across North America, Middle East, India, and South East Asia.
About the Creators
Anshul, Camp K12's co-founder and CEO, has been passionate about building kids programming tools and making programming easy and fun for kids for over a decade. He studied computer science at MIT, has previously done development roles at companies like Google and Microsoft, and was part of the team at MIT that developed "MIT AppInventor" a free online platform that gave kids the power to design, code, and publish Mobile Apps to smartphones without any prior experience.
AppInventor today is used by 13M+ students worldwide, and in the age of Smartphone development, was the first platform to make mobile app creation accessible to children. Anshul is hoping to repeat that feat for the age of Metaverse and AR/VR today with the creation of Hatch Kids.
View original content to download multimedia:
SOURCE Camp K12
|
https://www.wibw.com/prnewswire/2022/05/18/ed-tech-startup-camp-k12-launches-hatch-kids-metaverse-amp-arvr-creation-platform-kids/
| 2022-05-18T15:39:18Z
|
Antenna Research Associates, Inc. (ARA) Completes Acquisition of SI2 Technologies, Inc., Broadening its Product Development Capabilities and Establishing the Technology Innovation Center
LAUREL, Md., Sept. 13, 2022 /PRNewswire/ -- Antenna Research Associates, Inc. (ARA) today announced it has finalized the acquisition of SI2 Technologies. The newly acquired company will operate as a wholly owned subsidiary of ARA and will be known as SI2 Technologies, an ARA company. SI2 Technologies, will remain at its Billerica, MA location, collaborating with ARA across various locations in the US in Maryland, Massachusetts and New Hampshire and Europe.
Logen Thiran, President and CEO of ARA, said the transaction will enable the company to establish a product development focused Technology Innovation Center that pursues innovation across the DoD and commercial market priorities, and leverages knowledge to deliver advanced technology solutions.
"SI2 Technologies is well-known for its ability to innovate and has an impressive signal mitigation and antenna systems portfolio including Active Electronic Steered Arrays (AESA), additive manufactured, and low-profile low-vis conformal antenna solutions," noted Thiran. "Combining ARA's manufacturing expertise with SI2's product development focus is a win for our customers and our two companies, enabling ARA to provide holistic, advanced Communications Solutions for our customers worldwide with particular focus in C5ISR market in the US."
SI2 Technologies, founded in 2003, is a leading designer and manufacturer of electromagnetic systems for military, government and commercial platforms constrained for space, weight, and power.
"Our companies are perfectly aligned for this transition," noted Dr. Joseph Kunze, former CEO of SI2 Technologies, who will serve as ARA's new Chief Technology Officer and General Manager of SI2. "For nearly six decades, ARA had provided versatile antenna systems for a wide array of DoD applications, and we are looking forward to leveraging the IP we've developed for nearly 20 years to bring ARA's product and subsystems offerings to a new level of innovation and excellence."
Established in 1963, Antenna Research Associates (ARA) designs, develops, and manufactures Antennas and RF Systems for both military and civilian applications. ARA supplies antennas and subsystems for Communication Networks, SATCOM, RADAR, RF Surveillance and Jamming for Electronic Warfare and Border Patrol, Public Safety Networks, and Civilian markets. ARA supplies unique antenna communication subsystems in both high-volume quantities and smaller order quantities to ensure customer success. ARA's engineering and manufacturing operations include facilities in Laurel, Maryland, Pembroke, Massachusetts and Nashua, New Hampshire, and a long-range antenna testing field in Pembroke and Middleborough, Massachusetts. All facilities are DoD compliant. For more information, please visit www.ara-inc.com.
SI2 is a leader in designing and manufacturing electromagnetic systems for military and government platforms constrained for space, weight, and power. Established in 2003, SI2 designs, develops, delivers, and supports products for the defense and aerospace markets that not only enhance the warfighter's effectiveness, but provide increased protection against current and emerging threats. The company takes projects from ideation and design to product manufacturing and testing. For more information, visit www.si2technologies.com
View original content:
SOURCE ARA
|
https://www.wibw.com/prnewswire/2022/09/13/antenna-research-associates-acquires-si2-technologies/
| 2022-09-13T11:30:24Z
|
CALGARY, AB, May 18, 2022 /PRNewswire/ - Canadian Pacific (TSX: CP) (NYSE: CP) President and Chief Executive Officer Keith Creel will address the Wolfe Research Global Transportation & Industrials Conference on May 25, 2022, at 12:30 p.m. ET.
CP will provide access to the live audio webcast at investor.cpr.ca. Replays will also be available following the conclusion of the event.
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
View original content:
SOURCE Canadian Pacific
|
https://www.wibw.com/prnewswire/2022/05/18/cps-president-chief-executive-officer-address-wolfe-research-global-transportation-amp-industrials-conference-may-25-2022/
| 2022-05-18T15:38:38Z
|
Nancy Crampton-Brophy wrote steamy romance novels with muscular, often shirtless, men on their covers and titles like "The Wrong Husband." Some carried a tagline that said, "wrong never felt so right."
But for Crampton-Brophy, life with her husband of almost two decades appeared anything but wrong. She and Daniel Brophy lived in a quiet suburb of Portland, Oregon, where he was a chef at a culinary school. Crampton-Brophy said her husband raised turkeys and chickens in their backyard, tended a vegetable garden and liked to whip up lavish meals for her.
The day she realized he was Mr. Right, she wrote on her author's website, he was making her hors d'oeuvres while she took a bath.
"Can you imagine spending the rest of your life without a man like that?" she asked.
Then came a plot twist that could have been ripped from one of her books.
On the morning of June 2, 2018, someone shot Daniel Brophy in the kitchen of the Oregon Culinary Institute, where he taught cooking. Three months later, Portland police arrested Crampton-Brophy and charged her with her husband's murder.
And now, the woman who once published an infamous blog post titled, "How to Murder Your Husband," is on trial in an Oregon courtroom. Crampton-Brophy, 71, is charged with a single count of murder and has pleaded not guilty.
The trial is expected to last six weeks.
Her husband was shot twice at the cooking school where he worked
On the morning Daniel Brophy was killed, students arrived for class and found him bleeding on the kitchen floor.
In court documents, prosecutors said the 63-year-old man had been shot twice -- once in the back as he stood at a sink filling ice and water buckets for the students, and then a second time in the chest at close range. The bullets penetrated his spine and pierced his heart. Brophy's wallet with cash and credit cards was found with him, and there were no signs of robbery or forced entry.
The next day, Crampton-Brophy posted a message on Facebook.
"My husband and best friend, Chef Dan Brophy was killed yesterday morning," it said. "For those of you who are close to me and feel this deserved a phone call, you are right, but I'm struggling to make sense of everything right now."
The slaying remained a public mystery for months. Then came Crampton-Brophy's arrest in September 2018 -- and suddenly the image of the couple's happy marriage collapsed.
Prosecutors allege in court documents that the Brophys were facing financial difficulties and had drained their retirement account two years prior to the shooting. Crampton-Brophy, whose books were not financially lucrative, hatched the plan to kill her husband to collect more than $1.5 million from multiple life insurance policies and other assets, prosecutors said.
"Dan Brophy was content in his simplistic lifestyle, but Nancy Brophy wanted something more," prosecutors said in court documents. "As Nancy Brophy became more financially desperate and her writing career was floundering, she was left with few options ....
"Dan Brophy was worth almost $1.5 million to Nancy Brophy if he was dead and he was worth a life of financial hardship if he stayed alive. Nancy Brophy planned and carried out what she believed was the perfect murder. A murder that she believed would free her from the grips of financial despair."
Prosecutors said a search of the couple's computers revealed they had a joint iTunes account with a bookmarked article titled, "10 Ways to Cover Up a Murder."
But Crampton-Brophy's attorney argued at the trial this week that she loved her husband and had nothing to do with the killing.
"The state will present a circumstantial case that begs you to cast a blind eye to the most important circumstance ... love," defense attorney Lisa Maxfield said Monday in her opening statement. "Nancy Crampton-Brophy has always been thoroughly, madly, crazy in love with Daniel Brophy, and she still is to this day. For Nancy Brophy, he was perfect."
The couple had taken several romantic getaways in the months before Brophy's death and were planning a summer trip to Mount Rushmore, the defense attorney said.
The slaying drew new attention to Crampton-Brophy's writings
News of the slaying stunned the Portland community and made headlines everywhere -- partly due to something Crampton-Brophy wrote seven years before her husband's death.
In 2011, she published a blog post titled, "How to Murder Your Husband."
"As a romantic suspense writer, I spend a lot of time thinking about murder and, consequently, about police procedure," the 700-word post began. It was published on a blog called "See Jane Publish" that has since been made private. The essay was split into sections detailing the pros and cons of killing a villainous husband.
"If the murder is supposed to set me free, I certainly don't want to spend any time in jail," Crampton-Brophy wrote. "And let me say clearly for the record, I don't like jumpsuits and orange isn't my color."
But the trial judge ruled Monday that the essay would not be permitted as evidence because it was written years ago as part of a writing seminar and could unfairly prejudice the jury.
Crampton-Brophy's novels do not appear to have brought her riches or literary acclaim. But they were consistent in their packaging and subject matter.
Her books were tales of attempted murder, infidelity, crime, lust and general debauchery -- all common themes for romantic suspense novels. In "The Wrong Husband," a woman tries to escape her abusive husband by hiding in Spain during their anniversary trip.
"My stories are about pretty men and strong women, about families that don't always work and about the joy of finding love and the difficulty of making it stay," she wrote on her website. "In writing fiction, you dig deep and unearth portions of your own life that you've long forgotten or had purposely buried deep. Granted, sometimes it is smarter to change the ending."
Her author bio also offered glimpses of how Crampton-Brophy saw life with her husband.
"Like all marriages, we've had our ups and downs, more good times than bad," she wrote.
Prosecutors say she researched 'ghost guns'
Brophy's body was found by his culinary students. At the time of his death, he was alone at the school, prosecutors said.
The school had no security cameras, but nearby traffic cameras showed Crampton-Brophy's Toyota minivan on city streets near the institute around the time of the shooting, prosecutors said.
Prosecutors said they believe Crampton-Brophy followed her husband to work and shot him with a Glock 9mm handgun she'd bought at a Portland gun show. Investigators found two 9mm shell casings at the scene.
She had also bought a "ghost gun" assembly kit that investigators later found at a storage facility. "Ghost guns" are unregistered and untraceable firearms.
Crampton-Brophy's attorney told jurors Monday she was researching "ghost gun" kits for a book she was working on and bought the handgun with her husband's knowledge because mass shootings in the US made her feel unsafe.
Prosecutors allege that to cover her tracks, Crampton-Brophy swapped the slide and barrel of the Glock 9mm with an identical mechanism she bought on eBay and used that to shoot her husband. She then allegedly took out the new slide and barrel and replaced it with the original, "thus being able to present a new, fully intact firearm to police that would not be a match to the shell casings," prosecutors said in court documents..
Detectives have not recovered the slide and barrel purchased on eBay, meaning forensic experts have been unable to match the spent bullets with the gun, prosecutors said.
She was the sole beneficiary in several life insurance policies
Investigators discovered that Crampton-Brophy was the beneficiary of "numerous" life insurance policies taken out on her husband, prosecutors said in court documents.
Despite the couple's financial woes, Crampton-Brophy was spending over $1,000 a month on life insurance premiums, prosecutors said.
Three days after her husband's death, she called the lead detective in the case and asked for a letter stating she was not a suspect so she could give it to insurance companies, prosecutors said. Detectives declined to provide the letter.
In explaining why she had taken out the life insurance policies on her husband, the defense argued that Crampton-Brophy was a salesperson for several insurance companies and had bought the policies to show her belief in the product and earn a commission.
Her husband was also younger than her and eligible for some life insurance policies that she did not qualify for, Maxfield said.
Maxfield told jurors that the Brophys were in decent shape financially in June 2018 and that prosecutors' characterization of them being in desperate financial straits are overblown. Crampton-Brophy did not collect an insurance windfall after the killing, Maxfield said.
"Nancy Brophy and Dan Brophy had an unusually healthy and vibrant and marriage, right up until the very end," she told jurors. "After you've heard all the evidence in this case we are certain that you will understand that Nancy Brophy did not kill her husband."
Crampton-Brophy is expected to take the stand during the trial.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
|
https://www.albanyherald.com/news/this-romance-novelist-wrote-a-blog-post-on-how-to-murder-your-husband-now-shes/article_e7bc543b-7481-5f9c-a12f-561054424308.html
| 2022-04-07T12:47:06Z
|
ROME (AP) — A pregnant American woman who suffered an incomplete miscarriage while vacationing in Malta will be airlifted to a Spanish island on Thursday for a procedure to prevent infection because Maltese law prohibits abortion under any circumstances, the woman’s partner said.
Jay Weeldreyer told The Associated Press by phone from a hospital in the island nation that his partner, Andrea Prudente, is at risk of a life-threatening infection if the fetal tissue isn’t promptly removed.
Prudente, 38, experienced heavy bleeding on June 12, followed by a premature rupture of the amniotic sac and the separation of the placenta, according to Weeldreyer, 45. While the hospital is carefully monitoring her for any sign of infection, the facility cannot perform the surgery to complete the miscarriage, he said.
Malta is the only European Union member nation that outlaws abortions for any reason.
Contacted by The AP, Mater Dei Hospital, where Prudente is being treated, said it wasn’t allowed to give out patient information due to privacy regulations.
“The miscarriage is 80% complete,” Weeldreyer said. ”Her waters are broken, the placenta has separated, but because of a (fetal) heartbeat,” the fetus cannot be removed, he said.
In separate comments to other news outlets, the couple described the placenta as being partially detached.
The couple from Issaquah, Washington, a town near Seattle, arrived in Malta on June 5 for a long-awaited vacation. Prudente started bleeding and was hospitalized a week later, her partner said. He indicated she was 16 weeks pregnant when the bleeding began.
Along with worrying about the infection risk, the two fear Prudente might resume hemorrhaging during the medical evacuation flight they have arranged for Thursday evening to take them to the Mallorca.
Like Malta, Mallorca is an island in the Mediterranean Sea. Originally, the couple aimed for a medical evacuation to Britain, but were told flying the longer distance was too risky,
According to their plans, an ambulance will take Prudente to Malta’s airport. After the flight arrives in Mallorca, another ambulance will whisk her to a hospital that told the couple it could provide the care she needs.
Under Spanish law, abortion is permitted upon request through the 14th week of pregnancy and up to the 22nd week when a woman’s life or health is in danger.
Malta’s Mater Dei Hospital “has done a good job within the realm of what they are allowed to do” under that country’s law, Weeldreyer said. His partner is receiving antibiotics and being closely monitored for signs of infection, he said.
The Women’s Rights Foundation in Malta filed a legal protest in court last week that demanded the legalization of abortion in the tiny island nation.
Lawyer Lara Dimitrijevic, an activist with the foundation, said abortion rights supporters in Malta have closely monitored the situation in the United States. Some states have enacted laws severely limiting or outlawing abortion that could be triggered if the U.S. Supreme Court reverses Roe v. Wade, the 1973 decision that recognized an individual’s right to choose abortion.
“We (in Malta) can’t be any worse, as we have a total ban, but we’re starting to see situations like in Poland and now America, where there is a reversal of laws, a stripping of women’s own bodily autonomy, that is heartrending,” Dimitrijevic said in a phone interview.
Poland, like Malta, a traditionally Catholic country, tightened its abortion law in 2020.
The lawyer described the Washington state couple as ”very brave to go public with this.” Since their case was publicized in Maltese media, “more women are coming forward to speak of their experience or that of family members.”
Dimitrijevic added that two or three times a year in Malta, women have found themselves in similar life-threatening situations before a fetus is viable.
On Wednesday, an anti-abortion group in Malta, Doctors for Life, issued a statement on the Prudente case, saying it “firmly believes that the life of the mother always needs to be protected.”
It said that in similar cases, “careful assessment is made to assess the severity of the condition” and that if serious bleeding or infection occurs, “then the uterus is always evacuated” upon consultation with two experts.
If delivery is deemed necessary, “then this is done, even if the fetus is too young to survive outside the womb,” the organization said, defending Malta’s abortion policy.
Earlier this year, the Council of Europe’s human rights commissioner said Malta’s blanket ban on abortion puts women’s rights at “significant risk” and urged the nation’s authorities to repeal provisions that make abortion a crime.
___
Barry Hatton contributed from Lisbon, Portugal.
|
https://cw33.com/health/ap-health/woman-who-had-miscarriage-on-malta-trip-cant-get-abortion/
| 2022-06-23T15:02:02Z
|
NEW YORK, June 22, 2022 /PRNewswire/ -- Atento S.A. (NYSE: ATTO, "Atento" or the "Company is the largest provider of customer relationship management and business process outsourcing ("CRM BPO") services in Latin America, and among the top providers globally, announced today that it will release fiscal second quarter 2022 financial and operating results after the market close of the New York Stock Exchange on Wednesday, August 3, 2022. Atento's senior management team will host a conference call and webcast to discuss the Company's fiscal second quarter financial and operating results on Thursday, August 4, 2022, at 8:30 a.m. Eastern Time.
Dial-in Info:
USA: +1-866-807-9684
Brazil: +55 11 4933-0682
Spain: +34 80 030-0687
UK: +44 20 3514-3188
International: +1-412-317-5415
Webcast: click here
A replay of the webcast will be available in the Events & Presentations section of Atento's website at http://investors.atento.com.
Atento is the largest provider of customer relationship management and business process outsourcing ("CRM BPO") services in Latin America, and among the top providers globally. Atento is also a leading provider of nearshoring CRM BPO services to companies that carry out their activities in the United States. Since 1999, the company has developed its business model in 14 countries where it employs approximately 150,000 people. Atento has over 400 clients to whom it offers a wide range of CRM BPO services through multiple channels. Atento's clients are mostly leading multinational corporations in industries such as telecommunications, banking and financial services, health, retail and public administrations, among others. Atento's shares trade under the symbol ATTO on the New York Stock Exchange (NYSE). In 2019, Atento was named one of the World's 25 Best Multinational Workplaces and one of the Best Multinationals to Work for in Latin America by Great Place to Work®. Also, in 2021 Everest named Atento as a star performer. Gartner named the company as a leader for two years in a row, since 2021 in the Gartner Magic Quadrant. For more information visit www.atento.com
Media Relations
Investor and analyst inquiries
Hernan van Waveren
+1 979-633-9539
hernan.vanwaveren@atento.com
This press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "intends," "continue" or similar terminology. These statements reflect only Atento's current expectations and are not guarantees of future performance or results. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. In particular, the COVID-19 pandemic, and governments' extraordinary measures to limit the spread of the virus, are disrupting the global economy and Atento's industry, and consequently adversely affecting the Company's business, results of operation and cash flows and, as conditions are recent, uncertain and changing rapidly, it is difficult to predict the full extent of the impact that the pandemic will have. Risks and uncertainties include, but are not limited to, competition in Atento's highly competitive industries; increases in the cost of voice and data services or significant interruptions in these services; Atento's ability to keep pace with its clients' needs for rapid technological change and systems availability; the continued deployment and adoption of emerging technologies; the loss, financial difficulties or bankruptcy of any key clients; the effects of global economic trends on the businesses of Atento's clients; the non-exclusive nature of Atento's client contracts and the absence of revenue commitments; security and privacy breaches of the systems Atento uses to protect personal data; the cost of pending and future litigation; the cost of defending Atento against intellectual property infringement claims; extensive regulation affecting many of Atento's businesses; Atento's ability to protect its proprietary information or technology; service interruptions to Atento's data and operation centers; Atento's ability to retain key personnel and attract a sufficient number of qualified employees; increases in labor costs and turnover rates; the political, economic and other conditions in the countries where Atento operates; changes in foreign exchange rates; Atento's ability to complete future acquisitions and integrate or achieve the objectives of its recent and future acquisitions; future impairments of our substantial goodwill, intangible assets, or other long-lived assets; and Atento's ability to recover consumer receivables on behalf of its clients. In addition, Atento is subject to risks related to its level of indebtedness. Such risks include Atento's ability to generate sufficient cash to service its indebtedness and fund its other liquidity needs; Atento's ability to comply with covenants contained in its debt instruments; the ability to obtain additional financing; the incurrence of significant additional indebtedness by Atento and its subsidiaries; and the ability of Atento's lenders to fulfill their lending commitments. Atento is also subject to other risk factors described in documents filed by the comp any with the United States Securities and Exchange Commission.
These forward-looking statements speak only as of the date on which the statements were made. Atento undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
View original content to download multimedia:
SOURCE Atento S.A.
|
https://www.kxii.com/prnewswire/2022/06/22/atento-sets-date-fiscal-2022-second-quarter-results/
| 2022-06-22T21:52:07Z
|
CALABASAS, Calif., June 29, 2022 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) (the "Company"), a leading provider of high-quality single-family homes for rent, today announced that S&P Global Ratings (S&P) recently upgraded the company's corporate credit rating to BBB from BBB-. The rating outlook is stable. American Homes 4 Rent's track record of strong operating results, persistent single-family rental demand tailwinds, and the company's commitment to its financial policies were all cited as key factors in the upgrade.
"Prudent balance sheet management has been a foundational cornerstone of American Homes 4 Rent," said Christopher C. Lau, Chief Financial Officer at American Homes 4 Rent. "We are pleased that S&P has recognized the continual improvement of our credit profile, as balance sheet strength and flexibility continue to remain top strategic priorities."
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is a nationally recognized brand for rental homes, known for high-quality, good value and resident satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of March 31, 2022, we owned 57,984 single-family properties in select submarkets in 22 states.
Additional information about American Homes 4 Rent is available on our website at www.americanhomes4rent.com.
Contacts:
American Homes 4 Rent
Investor Relations
Phone: (855) 794-2447
Email: investors@ah4r.com
American Homes 4 Rent
Media Relations
Phone: (805) 413-5088
Email: media@ah4r.com
View original content to download multimedia:
SOURCE American Homes 4 Rent
|
https://www.mysuncoast.com/prnewswire/2022/06/29/american-homes-4-rent-announces-sampp-global-ratings-upgrade-bbb-with-stable-outlook/
| 2022-06-29T21:45:15Z
|
Feds: Thousands may have student debt that should be erased
(AP) - Record-keeping failures by the federal government may have left thousands of Americans saddled with student debt that should have been automatically canceled through a benefit for low-income borrowers, according to a new federal study.
In a scathing report released on Wednesday, the Government Accountability Office faulted the Education Department for sloppy oversight of its income-driven repayment program — a collection of plans that offer reduced monthly payments and carry a promise to erase all remaining debt after 20 or 25 years of payments.
The study, requested by Congress, identified 7,700 federal student loans that appear to meet the conditions for loan forgiveness but had yet to be canceled as of September 2020. The loans were held by 3,000 borrowers and amount to a combined $49 million.
It was released a day after the Education Department announced changes to fix what it called “historical failures” of the program. Those changes are expected to help some borrowers get their loans discharged more quickly.
Investigators said they couldn’t verify why the loans hadn’t been forgiven — gaps in the Education Department’s data made it impossible to know for sure. But they suggested it could be the result of poor record-keeping.
Before 2014, the report said, the department failed to make sure borrowers’ monthly payments were being tracked. That in turn has prevented the agency from tracking borrowers’ progress toward loan forgiveness, leaving some repaying loans longer than they should have.
So far, only 157 loans have been forgiven through income-driven plans, according to the study.
“The Department of Education has had trouble tracking borrowers’ payments and hasn’t done enough to ensure that all eligible borrowers receive the forgiveness to which they are entitled,” the GAO said. “We found thousands of borrowers still in repayment who could be eligible for forgiveness now.”
The report details a host of other shortcomings in the income-driven repayment program.
Education officials have failed to make the requirements clear to borrowers, including what types of payments count, the report said. When borrowers pause their payments through the forbearance process, for example, that time generally doesn’t count toward forgiveness. But that wasn’t clearly explained, the GAO found.
It also blamed the agency for failing to tell borrowers that they can request an update on their progress toward loan forgiveness.
Created in 1994, the income-driven repayment program was meant to provide a safety net for people who struggle to repay student loans. The program now offers five repayment options that provide reduced monthly payments based on income and family size. The balance is supposed to be automatically forgiven after 20 or 25 years, depending on the plan.
Among more than $1 trillion in student debt held by the federal government, about half is being repaid through those plans.
The number of loans eligible for forgiveness through the program is expected to balloon in coming years, according to the GAO. By 2030, the office estimates, up to 1.5 million loans held by 600,000 borrowers could meet the conditions for forgiveness.
In a response to the report, Education Department officials acknowledged the failures of the program and promised improvement. They also acknowledged the need to act quickly.
“We recognize that it is important to get payment counting correct now, as the number of loans that have been in repayment long enough to qualify for loan forgiveness will only grow over time,” wrote Richard Cordray, chief operating officer for Federal Student Aid, the office that oversees student loans.
He added that the program has “long been a source of confusion and frustration for many borrowers.”
Cordray agreed to a list of changes recommended by the GAO. He said his agency will identify and correct record-keeping errors, and will create a system to let borrowers check their progress toward loan forgiveness online, among other changes.
Under the department’s new action, borrowers in income-driven plans will get all of their past monthly payments counted toward loan forgiveness, even if they weren’t in an eligible repayment plan at the time. Borrowers who had long stretches in forbearance will also get that time counted toward forgiveness, even though it typically is excluded.
The department called it a one-time revision “to correct for data problems and past implementation inaccuracies.”
Borrower rights advocates applauded the changes but also called for broader improvements to the program, which has long been criticized for being overly complex. Democrats in Congress have urged the department to replace existing income-driven repayment plans with a single, more generous plan.
Among those calling for an overhaul is Rep. Bobby Scott, D-Va., who leads the House education committee and requested the GAO investigation. In a statement, he said the report “confirms serious problems with the management” of the program.
“I am pleased that the Biden-Harris Administration announced steps to fix the problem,” he said. “I continue to stand ready to work with the Department of Education to improve the Income-Driven Repayment program.”
The latest action is part of the Biden administration’s piecemeal attempt to reduce the burden of student debt. The Education Department has taken action to make it easier to get loan forgiveness through other programs, including one for public servants and another for students who are defrauded by their colleges.
This month the administration also suspended student loan payments through August, extending a freeze that has allowed millions of Americans to postpone their payments during the pandemic.
But President Joe Biden also faces mounting pressure to enact sweeping student debt forgiveness for all borrowers, which was one of his campaign promises. Some Democrats have pressed Biden to cancel $50,000 for all student loan borrowers, saying it would jumpstart the economy and address racial inequities.
Biden previously said he supports canceling up to $10,000, but said it should be done by Congress. Last year he asked for a review on the legality of using executive action to erase student debt. No decision has been announced.
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.kxii.com/2022/04/21/feds-thousands-may-have-student-debt-that-should-be-erased/
| 2022-04-22T22:37:36Z
|
Setting gridlock aside, Congress set to OK gun violence bill
WASHINGTON (AP) — A bipartisan gun violence bill that seemed unimaginable a month ago is on the verge of winning final congressional approval, a vote that will produce lawmakers’ most sweeping answer in decades to brutal mass shootings that have come to shock yet not surprise Americans.
The House was set to vote on the $13 billion package Friday, exactly one month after a gunman massacred 19 students and two teachers at a Uvalde, Texas, elementary school. Just days before that, a white man motivated by racism allegedly killed 10 Black grocery shoppers in Buffalo, New York.
The two slaughters — days apart and victimizing helpless people for whom the public felt immediate empathy — prompted both parties to conclude that Congress had to act, especially in an election year. After weeks of closed-door talks, Senate bargainers from both parties produced a compromise taking mild but impactful steps toward making such mayhem less likely.
“Families in Uvalde and Buffalo, and too many tragic shootings before, have demanded action. And tonight, we acted,” President Joe Biden said after passage. He said the House should send it to him quickly, adding, “Kids in schools and communities will be safer because of it.”
The legislation would toughen background checks for the youngest gun buyers, keep firearms from more domestic violence offenders and help states put in place red flag laws that make it easier for authorities to take weapons from people adjudged dangerous. It would also fund local programs for school safety, mental health and violence prevention.
The Senate approved the measure Thursday by 65-33. Fifteen Republicans — a remarkably high number for a party that has derailed gun curbs for years — joined all 50 Democrats, including their two independent allies, in approving the bill.
Still, that meant that fewer than one-third of GOP senators backed the measure. And with Republicans in the House expected to solidly oppose it, the fate of future congressional action on guns seems dubious, even as the GOP is expected to win House and possibly Senate control in the November elections.
Top House Republicans urged a “no” vote in an email from the No. 2 GOP leader, Rep. Steve Scalise of Louisiana. He called the bill “an effort to slowly chip away at law-abiding citizens’ 2nd Amendment rights.”
While the bill was noteworthy for its contrast with years of stalemate in Washington, it falls far short of more robust gun restrictions Democrats have sought and Republicans have thwarted for years. Those included bans on the assault-type weapons and high-capacity ammunition magazines used in the slayings in Buffalo and Uvalde.
Yet the accord let both parties’ Senate leaders declare victory and demonstrate to voters that they know how to compromise and make government work, while also leaving room for each side to appeal to its core supporters.
“This is not a cure-all for the all the ways gun violence affects our nation,” said Senate Majority Leader Chuck Schumer, D-N.Y., whose party has made gun restrictions a goal for decades. “But it is a long overdue step in the right direction.”
Senate Minority Leader Mitch McConnell, R-Ky., in a nod to the Second Amendment right to bear arms that drives many conservative voters, said “the American people want their constitutional rights protected and their kids to be safe in school.”
The day proved bittersweet for advocates of curtailing gun violence. Underscoring the enduring potency of conservative cIout, the right-leaning Supreme Court issued a decision expanding the right of Americans to carry arms in public by striking down a New York law requiring people to prove a need for carrying a weapon before they get a license to do so.
Hours before final passage, the Senate voted 65-34 to end a filibuster by conservative GOP senators aimed at killing the legislation. That was five more than the 60-vote threshold needed.
Yet the Senate votes highlighted the wariness most Republicans feel about defying the party’s pro-gun voters and firearms groups like the National Rifle Association. Sens. Lisa Murkowski of Alaska and Todd Young of Indiana were the only two of the 15 up for reelection this fall. Of the rest, four are retiring and eight don’t face voters until 2026.
Tellingly, GOP senators voting “no” included potential 2024 presidential contenders like Ted Cruz of Texas, Josh Hawley of Missouri and Tim Scott of South Carolina. Cruz said the legislation would “disarm law-abiding citizens rather than take serious measures to protect our children.”
The talks that produced the bill were led by Sens. Chris Murphy, D-Conn., Kyrsten Sinema, D-Ariz., John Cornyn, R-Texas, and Thom Tillis, R-N.C. Murphy represented Newtown, Connecticut, when an assailant killed 20 students and six staffers at Sandy Hook Elementary School in 2012, while Cornyn has been involved in past gun talks following mass shootings in his state and is close to McConnell.
The bill would make the local juvenile records of people age 18 to 20 available during required federal background checks when they attempt to buy guns. Those examinations, currently limited to three days, would last up to a maximum of 10 days to give federal and local officials time to search records.
People convicted of domestic abuse who are current or former romantic partners of the victim would be prohibited from acquiring firearms, closing the so-called “boyfriend loophole.”
That ban currently only applies to people married to, living with or who have had children with the victim.
There would be money to help states enforce red flag laws and for other states without them that for violence prevention programs. Nineteen states and the District of Columbia have such laws.
The measure expands the use of background checks by rewriting the definition of the federally licensed gun dealers required to conduct them. Penalties for gun trafficking are strengthened, billions of dollars are provided for behavioral health clinics and school mental health programs and there’s money for school safety initiatives, though not for personnel to use a “dangerous weapon.”
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.wibw.com/2022/06/24/setting-gridlock-aside-congress-set-ok-gun-violence-bill/
| 2022-06-24T06:01:39Z
|
DALLAS (KDAF) — After a massive recall of three baby formula brands and a supply chain issue, there is a nationwide shortage of baby formula.
With families either not being able to find any or not being able to afford the skyrocketing prices, a North Texas business is stepping up to help out the community.
Our Place Restaurant in Mansfield is giving out baby formula for free to families who need it. Families needing formula should follow the business’ Facebook page, as the restaurant updates it frequently to let families know if they receive any stock.
Formula, in one-can quantities, is given out on a first-come, first-served basis. Restaurant officials say to ask for a manager or Benji upon arrival. They are located at 915 W Debbie Ln. Click here to find their Facebook page.
|
https://cw33.com/news/local/north-texas-restaurant-giving-away-baby-formula-to-families-in-need-amid-shortage/
| 2022-05-17T18:10:14Z
|
North Dakota oil exec gets 3-year sentence for fraud scheme
BISMARCK, N.D. (AP) — A former North Dakota oilfield executive whose false claims about his company’s value resulted in more than $886 million in shareholder losses has been sentenced to three years in federal prison and ordered to pay back $406 million. The government had asked for a 20-year sentence for 61-year-old Joseph Kostelecky before Tuesday’s sentencing hearing in North Dakota. Kostelecky, of Dickinson, was the highest ranking U.S. executive for Poseidon Concepts Corp., a fluid storage tank supplier based in Calgary, Alberta. Investigators say he made misleading claims about the company’s finances in order to inflate its stock price. The company’s stock plunged after the fraud was uncovered and it was forced into bankruptcy in 2013.
|
https://localnews8.com/news/ap-national-business/2022/04/07/north-dakota-oil-exec-gets-3-year-sentence-for-fraud-scheme/
| 2022-04-07T19:54:57Z
|
United States Bankruptcy Court Approves $11 Million Sale of 'Black News Channel' Assets to Allen Media Group
LOS ANGELES, July 20, 2022 /PRNewswire/ -- Byron Allen's Allen Media Group (AMG) is proud to announce that the Northern District of Florida, Tallahassee Division of the United States Bankruptcy Court, (Case No. 4:22-bk-40087-KKS) issued an order approving the sale of "substantially all of" Black News Channel (BNC) "assets free and clear of all liens, claims, encumbrances and interests" to AMG's networks division. AMG is acquiring BNC out of bankruptcy for $11 million from billionaire Shahid Khan, owner of the NFL's Jacksonville Jaguars franchise. Khan invested over $100 million into BNC.
AMG's acquisition of BNC will add 300 million linear and digital subscribers to the AMG portfolio of assets -- which includes 12 television networks such as The Weather Channel, digital platforms Local Now, HBCU GO, Sports.TV, theGrio Streaming App and The Weather Channel Streaming App. AMG has also invested over $1 billion in the last 3 years to acquire 27 ABC-NBC-CBS-FOX network affiliate broadcast television stations nationwide.
BNC has carriage on traditional linear packages via Comcast, Charter, Cox, DISH, DirecTV, and Verizon. BNC currently enjoys approximately 45 million linear subscribers and Allen plans to grow the distribution to approximately 80 million linear subscribers over the next 6 months.
"We are excited to have been selected to acquire the Black News Channel, which has approximately 300 million linear and digital subscribers," said Byron Allen, Founder/Chairman/CEO of Allen Media Group. "Allen Media Group will deliver a best-in-class network to serve the underserved African-American community and the advertisers who want to reach this extremely valuable audience. Also, we appreciate the opportunity to provide cable operators, satellite companies, telcos, and digital platforms diversity of ownership, voices, and viewpoints on their programming line-ups by having a 100 percent African-American owned network."
About Allen Media Group
Chairman and CEO Byron Allen founded Allen Media Group/Entertainment Studios in 1993. Headquartered in Los Angeles, it has offices in New York, Chicago, Atlanta, and Charleston, SC. Allen Media Group owns 27 ABC-NBC-CBS-FOX network affiliate broadcast television stations in 21 U.S. markets and thirteen 24-hour HD television networks serving nearly 220 million subscribers: THE WEATHER CHANNEL, THE WEATHER CHANNEL EN ESPAÑOL, PETS.TV, COMEDY.TV, RECIPE.TV, CARS.TV, ES.TV, MYDESTINATION.TV, JUSTICE CENTRAL.TV, THEGRIO.TV, BLACK NEWS CHANNEL, THIS TV, and PATTRN. Allen Media Group also owns the streaming platforms HBCU GO, THE GRIO STREAMING APP, SPORTS.TV, THE WEATHER CHANNEL STREAMING APP and LOCAL NOW--the free-streaming AVOD service powered by THE WEATHER CHANNEL and content partners, which delivers real-time, hyper-local news, weather, traffic, sports, and lifestyle information. Allen Media Group also produces, distributes, and sells advertising for 68 television programs, making it one of the largest independent producers/distributors of first-run syndicated television programming for broadcast television stations. Allen Media Group International Television continues to extend its corporate branding and content around the globe. It currently has active license agreements and programming in South Africa, The United Arab Emirates, Australia, The Bahamas, Canada and New Zealand. With a library of over 5,000 hours of owned content across multiple genres, Allen Media Group provides video content to broadcast television stations, cable television networks, mobile devices, and multimedia digital. Our mission is to provide excellent programming to our viewers, online users, and Fortune 500 advertising partners.
Entertainment Studios Motion Pictures is a full-service, theatrical motion picture distribution company specializing in wide release commercial content. ESMP released 2017's highest-grossing independent movie, the shark thriller 47 METERS DOWN, which grossed over $44.3 million. In 2018, ESMP also released the critically-acclaimed and commercially successful Western HOSTILES, the historic mystery-thriller CHAPPAQUIDDICK and the sequel to 47 METERS DOWN, 47 METERS DOWN: UNCAGED. The digital distribution unit of Entertainment Studios Motion Pictures, Freestyle Digital Media, is a premiere multi-platform distributor with direct partnerships across all major cable, digital and streaming platforms. Capitalizing on a robust infrastructure, proven track record and a veteran sales team, Freestyle Digital Media is a true home for independent films.
In 2016, Allen Media Group purchased The Grio, a highly-rated digital video-centric news community platform devoted to providing African-Americans with compelling stories and perspectives currently underrepresented in existing national news outlets. The Grio features aggregated and original video packages, news articles and opinion pieces on topics that include breaking news, politics, health, business and entertainment. Originally launched in 2009, the platform was then purchased by NBC News in 2010. The digital platform remains focused on curating exciting digital content and currently has more than 100 million annual visitors.
For more information, visit:
www.entertainmentstudios.com
View original content to download multimedia:
SOURCE Allen Media Group
|
https://www.mysuncoast.com/prnewswire/2022/07/20/byron-allens-allen-media-group-acquires-black-news-channel/
| 2022-07-20T19:51:38Z
|
IRVINE, Calif., June 6, 2022 /PRNewswire/ -- American Advisors Group (AAG), a national leader in home equity solutions, today announced its sponsorship of the 2022 Home Care Association of America (HCAOA) Caregiver of the Year Award, which honors in-home caregivers for their dedication in caring for seniors, people with disabilities, and children with complex medical conditions in their own homes. These caregivers are the face of home care and they are lifelines for clients and their families as more and more people choose to receive care and services at home.
"Our home care aides make it possible for seniors and people with disabilities to live safely in their homes and communities, keeping families together and independence at the forefront," said Vicki Hoak, HCAOA CEO. "Care at home is part of a national conversation more than it has been at any time before, largely due to the focus on staying safe at home during the COVID pandemic, and HCAOA is committed to supporting the caregiving workforce, ensuring they have the training they need and the compensation and recognition they deserve. This award is just one of the ways we do that."
"Caregivers are the unsung healthcare heroes for the senior community, and we're honored to celebrate them," said Scott Slifer, AAG Chief Administrative Officer. "AAG's primary mission is to improve the lives of every senior we encounter and this opportunity with the HCAOA aligns perfectly with our core values of being caring, driven and ethical. We're proud to sponsor The Caregiver of the Year Award and strengthen our relationship with in-home caregivers across the nation."
Nominations for the 2022 Caregiver Award are open June 1 - July 15, 2022 and can be submitted here: https://www.hcaoa.org/caregiver-of-the-year.html
The winner of the Caregiver of the Year Award will be recognized at HCAOA's Annual Leadership Conference in September in Orlando, Florida, and receive a $1,000 prize. Last year, more than 250 caregivers were nominated from 41 states across the country.
AAG is dedicated to helping older Americans find new ways to fund a better retirement through the responsible use of home equity. As the nation's leader in reverse mortgage lending, AAG offers a suite of home equity solutions — including Home Equity Conversion Mortgages, traditional and proprietary mortgages — that are designed to give seniors a better financial outcome in retirement. AAG is a proud member of the National Reverse Mortgage Lenders Association (NRMLA). To learn more about AAG and reverse mortgage loans, please visit the company's website at www.aag.com.
Founded in 2002, the Home Care Association of America (HCAOA) is the unified voice of the home care industry, strengthening members through advocacy, education, and research. HCAOA represents over 4,000 agencies that employ more than 1,000,000 caregivers across the United States.
American Advisors Group, NMLS ID: 9392, 18200 Von Karman Ave., Suite 300, Irvine, CA 92612.
Contacts:
Ryan Whittington
Rwhittington@aag.com
(657) 236-5220
Cindy Whitt
(202) 519-2965
cindy@hcaoa.org
View original content to download multimedia:
SOURCE American Advisors Group (AAG)
|
https://www.mysuncoast.com/prnewswire/2022/06/06/aag-sponsors-annual-home-care-association-america-caregiver-year-award/
| 2022-06-06T20:15:02Z
|
Padres 1st MLB team to reach uniform ad deal, with Motorola
By RONALD BLUM
AP Baseball Writer
NEW YORK (AP) — Major League Baseball is moving toward the trend set by soccer for advertising on uniforms. The San Diego Padres became the first team to announce a deal, saying patches with a Motorola logo will be worn on their jerseys starting next season. The March 10 memorandum of understanding for a new collective bargaining agreement between MLB and the players’ association gave the 30 teams the right to sell patch ads on uniforms and sticker ads on helmets. MLB decided to launch the uniform ads with the 2023 season and says it may start the helmet ads with this year’s postseason.
|
https://localnews8.com/sports/ap-national-sports/2022/04/19/padres-1st-mlb-team-to-reach-uniform-ad-deal-with-motorola/
| 2022-04-19T19:52:14Z
|
- Appointment adds diverse commercial experience in new product planning, commercialization strategies and launch readiness spanning 13 career launches, including specific expertise in hematopoietic stem cell mobilization -
TEL AVIV, Israel, June 16, 2022 /PRNewswire/ -- BioLineRx Ltd. (NASDAQ: BLRX) (TASE: BLRX), a late clinical-stage biopharmaceutical company focused on oncology, today announced that the Company has appointed biopharmaceutical veteran executive Holly W. May as its Chief Commercial Officer. In this newly created role, based in the U.S., Ms. May will be responsible for the commercial planning, positioning and launch oversight for Motixafortide in the stem cell mobilization indication across the U.S. market, assuming FDA approval.
"In anticipation of potential approval next year, we continue to engage in pre-launch activities for Motixafortide in stem cell mobilization for the U.S. market, and are very pleased that Holly has joined the team to lead this effort," stated Philip Serlin, Chief Executive Officer of BioLineRx. "Her vast experience spanning 13 career launches, with specific expertise in hematopoietic stem cell mobilization from her recent work in gene therapy, will serve us well, regardless of the commercial approach that we take – independently or with a partner."
"We believe that this opportunity can be comprehensively addressed with a lean organization initially targeting the approximately 80 transplant centers that perform the vast majority of transplant procedures, and that Holly's existing relationships with many of these centers can help maximize the potential for Motixafortide to capture a significant share of what is estimated to be a $360 million annual U.S. market, and growing steadily," Mr. Serlin concluded.
"After carefully reviewing both the clinical and pharmacoeconomic data for Motixafortide from the GENESIS Phase 3 study, it is clear to me that we are poised to introduce a new standard of care in stem cell mobilization, first in multiple myeloma, and potentially in other hematological cancers as well," stated Ms. May. "I am pleased to be joining the BioLineRx team, where I intend to leverage my own work in stem cell mobilization, to lead the commercialization effort in the U.S., following potential FDA approval."
BioLineRx remains on track to submit its New Drug Application to the FDA in mid-2022, consistent with prior guidance.
Prior to joining BioLineRx, Ms. May served as Chief Commercial Officer at AVROBIO since September 2019, where she was responsible for building the company's global commercial organization and over-arching commercial capabilities, inclusive of driving the development and execution of commercial strategy. Prior to that, she served as Vice President and Head of Commercial at SOBI, Inc., where she led all aspects of commercial strategy, operations and performance. Prior to joining SOBI, Ms. May held leadership roles of increasing strategic importance across marketing, operations, sales, and planning at Sanofi and Genzyme, with her last roles encompassing Vice President in the Genzyme rare disease unit, and Head of Marketing, Operations and Strategic Planning for Sanofi's global oncology division. She holds a BA in Zoology from Miami University of Ohio, and an MBA with a concentration in marketing from the University of Akron.
About BioLineRx
BioLineRx Ltd. (NASDAQ/TASE: BLRX) is a late clinical-stage biopharmaceutical company focused on oncology. The Company's lead program, Motixafortide (BL-8040), is a cancer therapy platform that was successfully evaluated in a Phase 3 study in stem cell mobilization for autologous bone-marrow transplantation, has reported positive results from a pre-planned pharmacoeconomic study, has successfully completed a pre-NDA meeting with the FDA, and is currently in preparations for an NDA submission. Motixafortide was also successfully evaluated in a Phase 2a study for the treatment of pancreatic cancer in combination with KEYTRUDA® and chemotherapy, and is currently being studied in combination with LIBTAYO® and chemotherapy as a first-line PDAC therapy.
BioLineRx is also developing a second oncology program, AGI-134, an immunotherapy treatment for multiple solid tumors that is currently being investigated in a Phase 1/2a study.
For additional information on BioLineRx, please visit the Company's website at www.biolinerx.com, where you can review the Company's SEC filings, press releases, announcements and events.
Various statements in this release concerning BioLineRx's future expectations constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include words such as "anticipates," "believes," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "projects," "should," "will," and "would," and describe opinions about future events. These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of BioLineRx to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Factors that could cause BioLineRx's actual results to differ materially from those expressed or implied in such forward-looking statements include, but are not limited to: the initiation, timing, progress and results of BioLineRx's preclinical studies, clinical trials and other therapeutic candidate development efforts; BioLineRx's ability to advance its therapeutic candidates into clinical trials or to successfully complete its preclinical studies or clinical trials; BioLineRx's receipt of regulatory approvals for its therapeutic candidates, and the timing of other regulatory filings and approvals; the clinical development, commercialization and market acceptance of BioLineRx's therapeutic candidates; BioLineRx's ability to establish and maintain corporate collaborations; BioLineRx's ability to integrate new therapeutic candidates and new personnel; the interpretation of the properties and characteristics of BioLineRx's therapeutic candidates and of the results obtained with its therapeutic candidates in preclinical studies or clinical trials; the implementation of BioLineRx's business model and strategic plans for its business and therapeutic candidates; the scope of protection BioLineRx is able to establish and maintain for intellectual property rights covering its therapeutic candidates and its ability to operate its business without infringing the intellectual property rights of others; estimates of BioLineRx's expenses, future revenues, capital requirements and its needs for and ability to access sufficient additional financing; risks related to changes in healthcare laws, rules and regulations in the United States or elsewhere; competitive companies, technologies and BioLineRx's industry; statements as to the impact of the political and security situation in Israel on BioLineRx's business; and the impact of the COVID-19 pandemic and the Russian invasion of Ukraine, which may exacerbate the magnitude of the factors discussed above. These and other factors are more fully discussed in the "Risk Factors" section of BioLineRx's most recent annual report on Form 20-F filed with the Securities and Exchange Commission on March 16, 2022. In addition, any forward-looking statements represent BioLineRx's views only as of the date of this release and should not be relied upon as representing its views as of any subsequent date. BioLineRx does not assume any obligation to update any forward-looking statements unless required by law.
Contact:
Tim McCarthy
LifeSci Advisors, LLC
+1-212-915-2564
tim@lifesciadvisors.com
or
Moran Meir
LifeSci Advisors, LLC
+972-54-476-4945
moran@lifesciadvisors.com
View original content:
SOURCE BioLineRx Ltd.
|
https://www.wibw.com/prnewswire/2022/06/16/biolinerx-announces-appointment-commercial-strategy-operations-veteran-holly-w-may-chief-commercial-officer/
| 2022-06-16T12:45:33Z
|
SAN FRANCISCO, June 14, 2022 /PRNewswire/ -- The Vial Dermatology CRO is thrilled to welcome Jonathan Zung, PhD, as the newest addition to the Vial Scientific Advisory Board. Dr. Zung will support the Vial CRO team and their sponsors to further advance the field of dermatology clinical research and bring new therapies to the market.
The Vial Dermatology CRO was launched earlier this year to create a CRO Built for Sponsors. With over US$1 billion in technology products and over 25 years of experience managing top research sites – the Vial CRO and its team are powered by the Vial Clinic Network of over 35 dermatology clinical research sites across the country, ensuring higher quality trials and faster execution.
Led by Betsey Zbyszynski as Head of Clinical Operations, Jason Shuris as Head of Sales, Janet DuBois, M.D. as Medical Director, and Justin Withers as Head of Dermatology, the CRO executive team brings 100+ years of combined dermatology clinical trial experience to Vial.
To accomplish the Dermatology CRO vision, the Vial Scientific Advisory Board's leading Dermatology KOLs will weigh in on clinical strategy, regulatory strategy, trial design and overall clinical development plan pathways.
"I'm excited to be joining Vial as an advisor to work with the team at Vial to improve clinical trials and advance Dermatology research infrastructure," said Jonathan Zung.
Dr. Zung received his B.S. in Chemistry at the Florida Institute of Technology and his Ph.D. in Analytical Chemistry at Emory University. Dr. Zung is an established industry veteran, who brings over 30 years of global pharmaceutical development experience. He is currently Chief Development Officer at Evelo Biosciences, a clinical stage biotechnology company developing a novel platform of orally delivered medicines acting on the small intestinal axis, SINTAX™. Prior to Evelo, he held executive leadership positions at WCG Clinical and Covance. At Covance, he served as Group President of Clinical Development and Commercialization Services.
Dr. Zung has also held leadership roles of increasing responsibility at Bristol Myers Squibb, Pfizer, and UCB. At Bristol Myers Squibb, he led the Global Development Operations organization responsible for executing clinical trials across all therapeutic areas in over 40 countries.
Dr. Zung currently serves as an advisor to Saama Technologies and Syapse. He previously served as a member and Chairman of CDISC.
See the full release here.
View original content to download multimedia:
SOURCE Vial
|
https://www.mysuncoast.com/prnewswire/2022/06/14/vial-dermatology-cro-adds-dr-jonathan-zung-scientific-advisory-board/
| 2022-06-15T01:36:58Z
|
JEROME, Ariz. (AP) — Police in a old Arizona mining town that gets 1 million tourists annually are warning residents to stop yelling at visitors or they could face harrassment charges.
Jerome, population about 450, was once home to one of Arizona’s largest copper mines and is now an hub for artists. Tourists take in its scenic views and visit stores and bars along the winding mountain road that passes through it.
But Jerome police said on Facebook this week that it “has come to our attention that some people visiting our town on short visits and using lawful short term parking passes are being yelled at or having notes left on their cars by local residents.”
And it warned: “Yelling at, or leaving notes could, in some cases, constitute harassment under Arizona Revised Statutes.”
Jerome is about 110 miles (177 kilometers) north of Phoenix and was designated a National Historic District in 1967.
Residents who think people may have violated parking regulations were asked to contact police.
|
https://cw33.com/strange-news/ap-strange-news/stop-yelling-at-tourists-say-police-in-arizona-destination/
| 2022-07-14T19:06:37Z
|
MOGADISHU, Somalia (AP) — Many Somalis are reacting with horror — and a sense of understanding — at British runner Mo Farah’s tale of being trafficked to Britain as a child and forced to look after other children.
Olympic champion Farah was born in present-day Somaliland, a territory by the Gulf of Aden that has asserted independence from the Horn of Africa nation of Somalia. In a BBC documentary aired earlier this week Farah revealed how as a boy of 8 or 9 he was separated from his family and trafficked from neighboring Djibouti to the UK under a new name under which he eventually ran for glory.
Here, in the Somali capital Mogadishu, those who have heard of Farah’s account express sadness for what he went through as a child forced to work in servitude. But they also point out that he was not alone in facing exploitation.
Conflict, climate change and economic collapse are displacing record numbers of people around the world, pushing more and more migrants into the hands of criminals who profit by smuggling them into Britain, the European Union and the U.S.
Somalis, like their neighbors in Ethiopia and Eritrea, are often among the desperate — people fleeing conflict and hunger in hopes of safety and a better life. Convinced they have little to lose, the young, in particular, risk their lives on flimsy boats organized by human traffickers who get them across the English Channel to Britain.
Those who can afford it pay thousands of dollars to reach countries where they hope to find jobs and security. Others fall prey to criminals who force them into sex work, drug crimes and domestic servitude.
Wealthier countries lack robust policies to respond to this complicated situation. Britain has welcomed refugees from Ukraine, for example, while proposing to deport asylum seekers from other places to Rwanda. While Prime Minister Boris Johnson says the Rwanda plan will break the business model of criminals who smuggle people across the Channel in inflatable boats, immigrant activists are suing over a plan they describe as illegal and inhumane.
Farah, who represented Britain at three straight Summer Olympics in 2008, 2012 and 2016, is a rare success story. Many others trying to escape poverty, hunger and violence in countries such as Somalia don’t get so lucky — the reason many activists here say efforts must be put into supporting local governments to eradicate the many reasons people wish to go.
“It is certainly sad that Mo Farah had such a bad experience as a boy,” said Ahmed Dini, who runs the Mogadishu-based children’s rights group Peace-Line. “It has become evident that there are many contributing factors to child trafficking, such as poverty, a lack of adequate education, and insufficient security.”
Farah still has family members — including his mother and two brothers — living on a farm near Hargeisa, the Somaliland capital. He said in the BBC film that his father was killed during unrest when the boy was 4.
In the documentary, produced by the BBC and Red Bull Studios, Farah said that when he left Africa he thought he was going to Europe to live with relatives and had a piece of paper with the contact details. But the woman he ended up with tore his papers and took him to an apartment in west London where he was forced to care for her children.
Farah said his fortunes in Britain changed when he was finally allowed to attend school. A teacher who was interviewed for the documentary recalled a 12-year-old boy who appeared “unkempt and uncared for,” was “emotionally and culturally alienated” and spoke little English.
Farah eventually told his story to a physical education instructor. The teacher contacted local officials, who arranged for a Somali family to take him in as a foster child. He soon blossomed on the track.
Anti-slavery advocates say Farah is the most prominent person to come forward as a victim of modern-day slavery, a crime that is often hidden because it occurs behind closed doors and inflicts such trauma on its victims.
Now that a man of such celebrity has spoken of his experience, there can no longer be any doubt about the horror of child servitude even among ordinary Somalis who otherwise would find his account “unusual,” said Bashir Abdi, an academic based in Mogadishu.
“Children consistently face abuses, but the story this renowned athlete revealed has captured the attention of many people, including Somalis,” he said. “We often hear of child exploitations and I believe that significant (numbers of) Somali children go through domestic violence and abuses, but little is exposed to the public.”
Amina Ali, a stay-home mother of four in Mogadishu, told The Associated Press that it was tough for her to hear the story of a 9-year-old boy “so weak and helpless forced to clean house and change the diapers of other kids.”
“As a mother, I felt sadness for him once I have listened,” she said. “Praise be to Allah that he is no longer under those circumstances. However, he is now at some point where he can reveal his story and I wish those (who) committed that abuse to be brought before justice one day.”
___
Associated Press writer Rodney Muhumuza in Kampala, Uganda, contributed to this report.
|
https://cw33.com/sports/ap-sports/mo-farahs-story-draws-horror-understanding-in-somalia/
| 2022-07-17T03:23:57Z
|
In its third year, the HR Tech Awards program highlights HR technology companies that serve employers and employees across the globe.
NEW YORK, May 18, 2022 /PRNewswire/ -- HiredScore, an AI company powering +35% of the Fortune 100, was awarded the winner of the Best Advance in Practical AI category for Talent Acquisition by Lighthouse Research & Advisory.
"HiredScore has been a frontrunner in the use of AI for mitigating hiring bias, and it continues to deliver on that value for employers around the globe. Not only that, but candidate outreach through the system can reach as high as 10x the response rates of other tools, which is a powerful outcome in today's tight hiring market," said Ben Eubanks, Chief Research Officer at Lighthouse Research & Advisory.
This initiative, powered by one of the HR technology industry's most innovative firms, provides peer-reviewed feedback and input on solutions purpose-built to serve employers and the workforce. The program has a rigorous judging component with a panel of independent practitioners, consultants, and educators providing input on each submission.
According to Lighthouse Research & Advisory data, more than 5,000 providers exist across the HR technology landscape today, with more entering the space every day. This year, the HR Tech Awards is recognizing approximately 1% of those firms for their focus on creating solutions to solve their customers' high-impact problems.
"The rapidly changing hiring landscape post-COVID led to a growing set of responsibilities for our Global Talent Acquisition teams, including balancing efficiency, speed, top candidate experience, and progressing diversity goals," said Tim Sharp, VP Global Head of Talent Acquisition at Takeda. "HiredScore's artificial intelligence, automations, and deep integrations have been impactful in solving these challenges. We're thrilled to have an ethical AI solution that is tailored to our data and processes while supporting our team during our transformation."
"This award is a testament to our company's decade-long commitment to creating and maintaining best-in-class artificial intelligence that upholds the highest standards of compliance, ethics, quality, interoperability, and global performance," said Athena Karp, CEO and Founder of HiredScore. "Winning this award from Lighthouse, one of the most well-respected industry research firms, is recognition of our intentional focus on Intelligent Talent Orchestration without the distraction of also building systems of record or new platforms. Our unique approach of focusing on seamless connectivity, robust APIs, and partnership-enriching AI across the myriad of global enterprise technology stacks (end-to-end or best-of-breed), maximizes clients' capability for full utilization, adoption, data quality, compliance and ROI."
The ultimate purpose of this program is to help HR technology buyers and employers identify some of the best companies in the industry for technology needs. For additional information and to see the full list of winning firms this year, please check out HRTechAwards.org.
About HiredScore:
HiredScore's artificial intelligence, automation, and deep integrations empower the largest and most innovative companies in the world to safely and transparently drive critical business outcomes in recruitment productivity, diversity hiring, internal mobility, and total talent management. HiredScore's proprietary technology provides compliant-by-design, customized-by-client AI that seamlessly connects to data and systems to power the shift to proactive and fair HR decisions. HiredScore is live in 150 countries and available in 70 languages. Learn more at HiredScore.com.
View original content to download multimedia:
SOURCE HiredScore
|
https://www.wibw.com/prnewswire/2022/05/18/hiredscore-awarded-best-advance-practical-ai-talent-acquisition-by-lighthouse-research-amp-advisory-2022-hr-tech-awards/
| 2022-05-18T17:10:11Z
|
Dog and pig duo named Timon and Pumba get adopted together
NEW RIVER, Ariz. (Gray News) – An unlikely duo has found a forever home at an animal sanctuary in Arizona.
A Chihuahua and a pig aptly named Timon and Pumba found their way from the Arizona Humane Society to their permanent home at Better Piggies Rescue.
The humane society said although it’s not always recommended for pigs and dogs to live together, the pair loved to visit each other during their stay at the shelter. Better Piggies Rescue adopted the two together.
In a Facebook post, Better Piggies Rescue said Pumba has made himself right at home in the front of the sanctuary.
“He’s a natural greeter, and I can’t wait for everyone to meet him when we start up tours in September,” the sanctuary wrote. “Plus, he needs to be near his best friend, Timon, who we are working with to become a sanctuary dog.”
The sanctuary said their biggest expense is medical bills. If you would like to donate, you can send money via Venmo or PayPal to @betterpiggiesrescue.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
|
https://www.mysuncoast.com/2022/05/26/dog-pig-duo-named-timon-pumba-get-adopted-together/
| 2022-05-26T17:56:52Z
|
ALBANY – An Albany woman pushing a shopping cart on a roadway in the early morning hours on Sunday became the seventh pedestrian fatality of the year in the city.
Dougherty County Coroner Michael Fowler identified the victim as Maria Reighard, 46.
Reighard was struck by a car at about 12:10 a.m. Sunday at 3716 Sylvester Highway and died of accidental blunt force trauma.
“She was kind of walking in the road pushing a shopping cart,” the coroner said. “She came out in the road.”
Reighard was wearing dark clothing, and the accident occurred at a location where the roadway is not well-lighted, he said.
“You (shouldn’t) walk in a dark area in dark clothes,” Fowler said. “That’s seven for the year so far. I think we had three in the last 30 days.”
Samuel Brown, 72, was fatally struck by a car at about 9 p.m. last Tuesday while crossing the street on the 1700 block of East Oglethorpe Boulevard.
As the defamation trial between Johnny Depp and his ex-wife Amber Heard - who he is suing over her 2018 Washington Post domestic violence op-ed - continues, we take a look at 10 of the stars who have shown their support for the 'Pirates of the Caribbean' star. Click for more.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article.
|
https://www.albanyherald.com/news/albany-woman-fatally-struck-by-car-second-pedestrian-fatality-in-less-than-a-week/article_87dc528e-ca39-11ec-952e-e35e000c46c3.html
| 2022-05-02T18:23:14Z
|
NEW YORK, July 5, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Axsome Therapeutics, Inc. (NASDAQ: AXSM) alleging that the Company violated federal securities laws.
Class Period: December 30, 2019 to April 22, 2022
Lead Plaintiff Deadline: July 12, 2022
No obligation or cost to you.
Learn more about your recoverable losses in AXSM:
https://www.kleinstocklaw.com/pslra-1/axsome-therapeutics-inc-loss-submission-form?id=29461&from=4
Axsome Therapeutics, Inc. NEWS - AXSM NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Axsome Therapeutics, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Axsome's chemistry, manufacturing, and control ("CMC") practices were deficient with respect to AXS-07, the Company's medicine for the acute treatment of migraine, and its manufacturing process; (ii) as a result, Axsome was unlikely to submit the AXS-07 New Drug Application ("NDA") on its initially represented timeline; (iii) the foregoing CMC issues remained unresolved at the time that the U.S. Food and Drug Administration ("FDA") reviewed the AXS-07 NDA; (iv) accordingly, the FDA was unlikely to approve the AXS-07 NDA; (v) as a result of all the foregoing, Axsome had overstated AXS-07's regulatory and commercial prospects; and (vi) 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 Axsome you have until July 12, 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 Axsome 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 AXSM lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/axsome-therapeutics-inc-loss-submission-form?id=29461&from=4.
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
View original content:
SOURCE The Klein Law Firm
|
https://www.kxii.com/prnewswire/2022/07/05/axsm-alert-klein-law-firm-announces-lead-plaintiff-deadline-july-12-2022-class-action-filed-behalf-axsome-therapeutics-inc-shareholders/
| 2022-07-05T10:01:13Z
|
Boeing Co. said Thursday it will move its headquarters from Chicago to the Washington, D.C., area, where company executives would be closer to key federal government officials.
The company said it will use its campus in Arlington, Virginia, as its new headquarters, and it plans to develop a research and technology hub in the area.
“The region makes strategic sense for our global headquarters given its proximity to our customers and stakeholders, and its access to world-class engineering and technical talent,” Boeing CEO David Calhoun said.
The move marks a win for Virginia’s Republican Gov. Glenn Youngkin, who campaigned last year on a promise to bring new businesses and jobs to the state.
“The decision to call Virginia home shows that the Commonwealth is the premier location for aerospace companies,” Youngkin said in a statement. “I look forward to working with Boeing to attract even more talent to Virginia especially given its reputation for engineering excellence.”
Youngkin retired in 2020 as co-CEO of private equity giant the Carlyle Group. He was personally involved in discussions about the move and had a prior business relationship with Calhoun, who also was an executive in the investment industry, according to a person familiar with the matter who was not authorized to discuss the negotiations publicly.
A spokeswoman for the state’s economic development agency said the project will not receive any state incentives. A spokeswoman for the county’s economic development office did not immediately respond to questions about whether Boeing had been offered local incentives.
Boeing is a major defense contractor, and the move will put executives close to Pentagon leaders. Rival defense contractors including General Dynamics, Lockheed Martin and Northrop Grumman are already based in the D.C. area.
Company executives would also be near the Federal Aviation Administration, which certifies Boeing passenger and cargo planes.
Boeing’s relationship with the FAA has been strained since deadly crashes of its best-selling plane, the 737 Max, in 2018 and 2019. The FAA took nearly two years — far longer than Boeing expected — to approve design changes and allow the plane back in the air. Certification of new Boeing planes will take longer too.
The company has suffered financial setbacks in building a refueling tanker for the Air Force. And it has been hurt by the pandemic, which undercut travel and demand for new planes. Boeing lost $1.2 billionin this year’s first quarter.
Boeing’s roots are in the Seattle area, and it has assembly plants in Washington state and South Carolina. The company moved its headquarters to Chicago in 2001 after an unusually public search that also considered Dallas and Denver.
Cai von Rumohr, an aerospace analyst for Cowen, said there were advantages for Boeing moving its headquarters to the Washington, D.C., area — or back to Seattle, where leaders again would be closer to the company’s important commercial operations.
“Chicago does nothing for them,” von Rumohr said.
Boeing had 142,000 employees at the end of 2021, including 12% based outside the United States, according to a regulatory filing. The filing did not say how many work in Chicago.
Richard Aboulafia, an analyst with consultant AeroDynamic Advisory, said Boeing’s Chicago work force “is minimal,” making the move easier.
Rep. Peter DeFazio, chairman of the House Transportation Committee, which investigated Boeing and the FAA after the Max crashes, criticized Boeing’s move to be closer to federal policy makers.
“Boeing should focus on making safe airplanes, not lobbying federal regulators and Congress,” he said.
Meanwhile, many of Virginia’s elected officials celebrated the news.
Democratic state Senate Majority Leader Dick Saslaw called it “one hell of a catch.”
Democratic U.S. Sen. Tim Kaine, a member of the Senate Armed Services Committee, said Boeing’s decision was a testament to Virginia’s skilled workforce and strong national security community.
U.S. Sen. Mark Warner, also a Virginia Democrat and a former entrepreneur and investor, indicated the deal had been in the works for quite some time.
“For well over a year, I’ve been making my case to Boeing senior leadership that Virginia would be a great place for its headquarters, and late last year, I was happy to learn that my efforts were successful,” he said in a statement.
The company’s statement thanked both Youngkin and Warner.
Boeing will be following in the footsteps of Amazon, which decided to put a second headquarters in Arlington. Last month, local officials approved Amazon’s plans to erect a 350-foot helix-shaped building.
Boeing’s decision was first reported by The Wall Street Journal.
|
https://cw33.com/business/ap-business/boeing-expected-to-move-headquarters-from-chicago-to-dc-area/
| 2022-05-05T22:47:43Z
|
Clark Wheeler of Arabi caught a state record-tying shoal bass on the Flint River April 16 near Warwick. The fish weighed 8 pounds, 5 ounces and measured 24½ inches.
CORDELE – It’s a tie! The shoal bass state record was broken just last year, and now that record has been tied.
Clark Wheeler of Arabi is the angler who will share the shoal bass state record. His catch, caught on April 16 on the Flint River near Warwick, weighed 8 pounds, 5 ounces and measured 24½ inches, according to the Georgia Department of Natural Resources’ Wildlife Resources Division.
“We were thrilled to hear that another shoal bass of this size was caught and proud to recognize Mr. Wheeler’s catch as a state record tie," Scott Robinson, chief of fisheries for the Wildlife Resources Division, said. "Five new state records in the past year proves just how amazing Georgia’s fishing opportunities really are. I hope news of these state records fires you up and encourages you to plan your next fishing trip. Let’s get outdoors and Go Fish Georgia!”
Shoal bass (Micropterus cataractae), designated as the official state riverine sportfish species, are native to the Chattahoochee and Flint River basins and have been introduced in the Ocmulgee and Oconee rivers. They have an upper jaw that does not extend beyond the eyes, unlike the largemouth bass, and the dorsal fin is continuous and not deeply notched. They are most like the redeye basses, but do not have any red coloration in the fins or pale margins on the tail.
Unlike smallmouth bass, shoal bass usually have a large dark spot at the base of the tail. The average adult is between 12–24 inches. Shoal bass are usually found around current breaks near flowing water. This can be in the middle of a big shoal, in a deep-water bend of the river with large boulders, or on the bank behind a tree in the water.
License purchases allow Georgia WRD to continue to do important research, maintain and operate public fishing areas and more. Outdoors supporters in the state can purchase a Georgia license at GoOutdoorsGeorgia.com.
Information about state-record fish, including an application and rules, can be found at GeorgiaWildlife.com/fishing/recordprogram/rules or in the current Sport Fishing Regulations Guidebook.
Success! An email has been sent to with a link to confirm list signup.
Error! There was an error processing your request.
Keep it Clean. Please avoid obscene, vulgar, lewd,
racist or sexually-oriented language. PLEASE TURN OFF YOUR CAPS LOCK. Don't Threaten. Threats of harming another
person will not be tolerated. Be Truthful. Don't knowingly lie about anyone
or anything. Be Nice. No racism, sexism or any sort of -ism
that is degrading to another person. Be Proactive. Use the 'Report' link on
each comment to let us know of abusive posts. Share with Us. We'd love to hear eyewitness
accounts, the history behind an article.
|
https://www.albanyherald.com/features/crisp-county-angler-ties-state-shoal-bass-record/article_86b73842-04ef-11ed-b821-4b02e8f8335b.html
| 2022-07-16T12:44:20Z
|
New Mexico governor asks Biden for more wildfire help: ‘I have 6,000 people evacuated. I have families who don’t know what the next day looks like’
By Paradise Afshar, Amanda Watts and Holly Yan, CNN
New Mexico’s governor has asked for a presidential disaster declaration to help get more money into her state as it battles the largest wildfire burning in the US.
Seven wildfires are burning in New Mexico — the most in any state, according to the National Interagency Fire Center.
Those fires have torched more than 223,979 acres, including more than 160,000 acres charred by the largest inferno — the combined Hermits Peak and Calf Canyon fires, which merged more than a week ago.
New Mexico is directing emergency dollars to fight the fires, but it’s not enough, Lujan Grisham said Wednesday.
“I have 6,000 people evacuated. I have families who don’t know what the next day looks like. I have families who are trying to navigate their children, their own health care resources, figure out their livelihoods, and they’re in every single little community,” she said.
A presidential disaster declaration would unlock resources “for watershed recovery, restoration of all of those wildlands and personal direct financial reparation and assistance before the fire is out,” said Lujan Grisham.
“The President is very clear that that is coming, and we have every indication that we will be the first state to be able to advance this request and unlock these resources for New Mexicans,” said Gov. Michelle Lujan Grisham.
CNN has reached out to the White House for comment.
More than 15,000 homes could be threatened this week if the combined Hermits Peak/Calf Canyon Fire continues to grow, a spokesperson for the Southwest Incident Management Team said Tuesday.
The area includes the New Mexico city of Las Vegas, about 85 miles northeast of Albuquerque, plus surrounding communities in San Miguel and Mora counties, management team spokesperson Andy Lyon said.
Some 172 homes have been destroyed in Mora County and San Miguel County, and more than 6,000 homes have been evacuated.
“One house lost to one New Mexico family is too many,” the governor said. “We are very grateful for the work of the firefighters and fire responders.”
With more than 160,000 acres scorched, the combined Hermits Peak/Calf Canyon inferno is the second-largest fire in New Mexico in at least 30 years.
About 300,000 acres have burned in New Mexico so far this year. That’s more than the past two full years combined, CNN meteorologist Brandon Miller said.
Like much of the Southwest, New Mexico has been under a prolonged, severe drought, which has helped create critical fire conditions. April’s fire weather conditions were the worst the state has seen in more than a decade.
The situation is “a long-term event,” San Miguel and Mora counties said in a joint release Tuesday. “We don’t anticipate having ‘control’ of this fire any time soon.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Gregory Lemos, Theresa Waldrop, Nikki Carvajal and Monique Smith contributed to this report
|
https://localnews8.com/news/national-world/cnn-national/2022/05/04/new-mexico-governor-asks-biden-for-more-wildfire-help-i-have-6000-people-evacuated-i-have-families-who-dont-know-what-the-next-day-looks-like/
| 2022-05-04T18:04:31Z
|
NYCB partnership marks Circle's first custody relationship with a community bank and brings digital financial literacy opportunities to the greater NYCB community
BOSTON, June 28, 2022 /PRNewswire/ -- Today, Circle Internet Financial, a global digital financial technology firm and the issuer of USD Coin (USDC), has announced a custody partnership with New York Community Bancorp, Inc. (NYSE: NYCB). Under this agreement, NYCB's bank subsidiary, New York Community Bank, will become a custodian for USDC reserves. Additionally, the two organizations will work together to create strategies utilizing Circle blockchain and stablecoin solutions to promote access to low-cost financial solutions for underserved and unbanked communities. Additionally, the plan will develop support for Minority-owned Depository Institutions (MDIs) where additional reserves may be held. New York Community is the first community bank approved by Circle to serve as a custodian for USDC reserves.
The move is part of the company's commitment to allocate a share of USDC dollar-denominated reserves to MDIs and Community Banks across the country. Announced in November, 2021 as a foundational pillar of Circle Impact, the initiative's long-term goal is to reach billions of dollars in deposits over time across the footprint of underrepresented financial institutions.
"If we want to make the future of money and payments more inclusive than the past, we have to build new partnerships and connections at the community level," said Dante Disparte, Chief Strategy officer and Head of Global Policy for Circle. "By partnering with NYCB, we are opening up new pathways for community banks and MDIs across the country to be key participants in the fast growing digital assets market."
"NYCB is proud to be a leading digital asset innovator among U.S. banks," said Andrew Kaplan, Executive Vice President and Chief Digital Bank and Banking as a Service Officer of New York Community Bancorp, Inc. "We are thrilled that together with being a custodian for USDC reserves, we are also able to partner with Circle on meaningful initiatives to impact inclusion and education to our communities and customers. We look forward to working closely with Circle on this strategy and further enhancing our relationship."
Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. Circle is the issuer of USD Coin (USDC), one of the fastest growing dollar digital currencies powering always-on internet-native commerce and payments. Today, Circle's transactional services, business accounts, and platform APIs are giving rise to a new generation of financial services and commerce applications that hold the promise of raising global economic prosperity for all through the frictionless exchange of financial value. Additionally, Circle operates SeedInvest, a leading startup fundraising platform in the U.S. Learn more at https://circle.com.
Based in Hicksville, N.Y., New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York Community Bank. At March 31, 2022, the Company reported assets of $61.0 billion, loans of $46.8 billion, deposits of $38.0 billion, and stockholders' equity of $6.9 billion. Reflecting our growth through a series of acquisitions, the Company operates 237 branches through eight local divisions, each with a history of service and strength: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona.
In January 2022, the Company announced a Community Benefits Agreement in collaboration with the National Community Reinvestment Coalition ("NCRC") and its members. Under the NCRC agreement, NYCB has committed to provide $28 billion in loans, investments, and other financial support to communities and people of color, low- and moderate-income families and communities, and small businesses. The five-year agreement is subject to the closing of NYCB's pending merger with Flagstar Bancorp, Inc.
View original content to download multimedia:
SOURCE Circle Internet Financial, LLC
|
https://www.wibw.com/prnewswire/2022/06/28/circle-partners-with-new-york-community-bancorp-inc-custody-usdc-reserves-invest-community-based-initiatives/
| 2022-06-28T12:59:04Z
|
Happi brings four all-natural flavors, including Maine-exclusive Lime Wild Mint, just in time for Labor Day weekend
THOMASTON, Maine, Aug. 30, 2022 /PRNewswire/ -- Celebrate Labor Day by getting to know Happi, a new female-founded cannabis-infused seltzer making its way to Maine this weekend. Happi believes that health and happiness go hand-in-hand, and life's moments—both big and small—deserve to be celebrated with the perfect sidekick. These breakthrough seltzers are made with all-natural, vegan ingredients and contain between 2.5mg-10mg of THC per can.
Happi will be bringing three of its fan favorite flavors from Michigan to Maine–Lemon Elderflower, Raspberry Honeysuckle, and Pomegranate Hibiscus. Mainers will also get an exclusive taste of Happi's newest flavor, refreshing Lime Wild Mint. Happi is made with simple ingredients and organic fruit, with just 25 calories or fewer per can, making them perfect for any occasion.
Lime Wild Mint (Maine Exclusive) 25 calories, 5mg
Carbonated Water, Organic Agave Nectar, Organic Pomegranate Juice, Organic Lime Juice, Natural Flavors, Vitamin C, Cannabis Extract
Lemon Elderflower 15 calories, 2.5mg
Carbonated Water, Organic Agave Nectar, Organic Lemon Juice, Natural Flavors, Vitamin C, Cannabis Extract
Raspberry Honeysuckle 20 calories, 5mg
Carbonated Water, Organic Agave Nectar, Organic Raspberry Juice, Natural Flavors, Organic Lemon Juice, Vitamin C, Cannabis Extract
Pomegranate Hibiscus 25 calories, 10mg
Carbonated Water, Organic Agave Nectar, Organic Pomegranate Juice, Natural Flavors, Organic Lemon Juice, Vitamin C, Cannabis Extract
Happi was launched in Michigan in 2021 by Chief Happi Officer Joe Reynolds, who saw an opportunity to develop a precisely dosed cannabis beverage, and President Lisa Hurwitz, a CPG and cannabis industry expert with a career-long focus on women's brands and products. In Maine, Happi is produced by CannaNectar Canning Co., one of the state's premier manufacturers of cannabis products.
"We're proud to give Mainers a taste of something new with the launch of Happi," says Lisa Hurwitz, President of Happi. "Our seltzers are made to be enjoyed during all of life's moments. They're refreshing and available in a variety of doses, meaning there is truly a Happi for everyone and every occasion. While we may not be able to change the world, we look forward to helping folks in Maine find their Happi place."
"CannaNectar is thrilled to be Happi's manufacturing partner in bringing this innovative cannabis-infused seltzer to the Maine market," says Mark Crockett, CEO of CannaNectar Canning Co. "We're applying our canning technology and superior team in Maine to their unique formulation to deliver consistent quality and precision dosing for a happier sipping experience."
Happi will be on shelves beginning next week at select dispensaries, including Cannabis Cured, Silver Therapeutics, and Venus and Mars. In the coming weeks, the brand plans to expand to more dispensaries across Maine.
For more information, please visit www.happihourdrink.com
###
Happi is an all-natural, cannabis-infused seltzer that changed the cannabis beverage game when it debuted in 2021. There's a Happi for any occasion with four flavors made with organic fruit and a range of dosages from 2.5-10mg. Happi is currently available in Michigan and Maine.
CannaNectar Canning Co. was launched in 2021 as part of the Cannabis Cured portfolio of brands. CannaNectar is dedicated to the advancement of cannabis and the human condition through education, innovation, and science. With its focus on precision dosing and reliable canning, the production facility aims to deliver high quality, consistent cannabis-infused products to the Maine market. CannaNectar is based in Thomaston, Maine, and is led by Mark Crockett, who has been working in the Maine cannabis industry since 2012.
View original content to download multimedia:
SOURCE Happi
|
https://www.wibw.com/prnewswire/2022/08/30/happi-launches-cannabis-infused-seltzer-any-occasion-maine/
| 2022-08-30T11:19:04Z
|
STOCKHOLM, Aug. 8, 2022 /PRNewswire/ -- During the period August 1 - August 5, 2022 AB Electrolux (LEI code 549300Y3HHZB1ZGFPJ93) has repurchased in total 176,638 own series B shares (ISIN: SE0016589188) as part of the buyback program initiated by the Board of Directors in order to optimize the company's capital structure.
The share buybacks form part of the buyback program of a maximum of 8,000,000 series B shares for a total maximum amount of SEK 1,250 million, which AB Electrolux announced on April 29, 2022. The buyback program, which runs between May 2, 2022 - October 21, 2022, is being carried out in accordance with the Market Abuse Regulation (EU) No 596/2014 ("MAR") and the Commission Delegated Regulation 2016/1052 (the "Safe Harbour Regulation"). The objective of the share buybacks is to optimize the company's capital structure and the intention is to reduce Electrolux share capital through subsequent share cancellations.
Series B shares in AB Electrolux have been repurchased (in SEK) as follows:
All acquisitions have been carried out on Nasdaq Stockholm by Citigroup Global Markets Europe AG on behalf of AB Electrolux. Following the above acquisitions, AB Electrolux holding of own shares as of August 5, 2022 amounts to 10,518,444 series B shares. The total number of shares in AB Electrolux amounts to 283,077,393.
A full breakdown of the transactions pursuant to article 5.3 of MAR and article 2.3 of the Safe Harbour Regulation is attached to this announcement.
CONTACT:
For further information, please contact:
Sophie Arnius, Investor Relations, +46 70 590 80 72
Electrolux Press Hotline, +46 8 657 65 07
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
View original content:
SOURCE Electrolux
|
https://www.wibw.com/prnewswire/2022/08/08/buybacks-series-b-shares-ab-electrolux-during-week-31-2022/
| 2022-08-08T13:48:54Z
|
Paper describes service operations for providing direct-to-patient medication abortion via telehealth across a range of medical settings.
ANN ARBOR, Mich., July 15, 2022 /PRNewswire/ -- Researchers examined remotely delivered medication abortion services developed in response to the disruption of health services caused by COVID-19. The paper, recently published in the Annals of Family Medicine, is titled, "Remote Delivery in Reproductive Health Care: Operation of Direct-to-Patient Telehealth Medication Abortion Services in Diverse Settings." It is available for free download.
By sharing how different health care organizations leveraged telemedicine, the authors argue that primary care providers will be better positioned for broader remote delivery of reproductive health services. Written prior to the overturning of Roe v. Wade by the U.S. Supreme Court, it provides an overview of how different providers approach abortion care, and potential options in accessing abortion and other reproductive services in the future.
The researchers surveyed clinicians and administrators operating telehealth abortion services in four practice settings: family planning clinics, online medical services, independent primary care practices, and those within multispecialty health systems. Across all settings, they found similar operational procedures for remote medication abortion services, with each site following five basic steps for care provision: patient engagement, care consultations, payment, medication dispensing, and follow-up communication.
Online services and independent primary care clinics offered e-visit consultations, communicating via an online questionnaire, and messaging and/or email with health professionals. Primary care clinics within multispecialty health systems offered only synchronous options for screening, scheduling, and patient-provider consultations. Asynchronous care models were more efficient, requiring two to three minutes compared to 10-30 minutes for a synchronous video visit.
Surveyed clinics used multiple means of medication delivery, determined by the availability of onsite pharmacies and medication-dispensing protocols. Family planning clinics and health systems mailed medications from onsite pharmacies, while independent primary care providers and online services contracted with mail-order pharmacies. Independent practices were the only group that offered drop-off services for patients.
The authors assert their findings demonstrate the feasibility of offering abortion services in a variety of medical settings and highlight the potential variations that can be made to adapt reproductive health services to patient needs and existing clinical operations.
Remote Delivery in Reproductive Health Care: Operation of Direct-to-Patient Telehealth Medication Abortion Services in Diverse Settings
Anna E. Fiastro et al.
View original content to download multimedia:
SOURCE Annals of Family Medicine
|
https://www.wibw.com/prnewswire/2022/07/15/annals-family-medicine-abortion-providers-leverage-emerging-telehealth-technologies-with-implications-reproductive-health-administration/
| 2022-07-15T15:04:49Z
|
If you've been seeing the phrase "quiet quitting" lately and wondered what it means, you're not alone. At first glance, you'd think it refers to an employee who leaves a little yellow "goodbye" note on their desk one day and never returns. What it really means is a bit more complicated -- and has nothing to do with actually quitting.
Here's what else you need to know to Start Your Week Smart.
The weekend that was
• With Mississippi's Pearl River now expected to crest earlier than originally forecast, threatening to flood streets and creep into homes within the next 48 hours, the mayor of Jackson is urging residents to "get out now."
• Director of National Intelligence Avril Haines has sent a letter to the House Intelligence and House Oversight committee chairs, saying the intelligence community is conducting a damage assessment of the documents taken from former President Donald Trump's home in Mar-a-Lago, according to a letter obtained by CNN.
• At least 32 people have died and 159 have been injured in violent clashes between rival Libyan militias across the country's capital of Tripoli, according to an update from the country's Ministry of Health.
• Two US Navy warships have entered the Taiwan Strait in what is the first US naval transit in the waterway since US-China tensions spiked this month over a visit to the island by House Speaker Nancy Pelosi.
• Moderna on Friday filed patent infringement lawsuits against Pfizer and BioNTech "for infringing patents central to (its) mRNA technology platform" used to develop its Covid-19 vaccine, the company said in a news release.
The week ahead
Monday
NASA's Artemis I mission to the moon is set to launch Monday morning, with backup launch windows on September 2 and September 5. It's been nearly 50 years since the last Apollo astronauts ventured to the lunar surface, and this uncrewed mission sets the stage for humans to make the journey in 2024 and 2025 aboard Artemis II and Artemis III, respectively.
Tuesday
August 30 is the International Day of the Disappeared, a day to remember the hundreds of thousands of people who are missing worldwide due to armed conflict, violence, disasters and migration.
Wednesday
August 31 is the 25th anniversary of the death of Princess Diana, who died in a car crash in Paris in 1997 along with her boyfriend, Dodi Fayed, and her driver, Henri Paul. Her son, Prince Harry, recently shared his hopes for how his mother's legacy would be remembered.
Thursday
A federal judge has scheduled a hearing to consider Donald Trump's request for a "special master" to oversee the FBI's review of evidence seized at Mar-a-Lago. In doing so, the court put the parties on notice that she had a "preliminary intent" to appoint the special master, a third-party attorney who would filter out privileged material seized in the search.
And while your calendar may say we are still three weeks away from the arrival of fall, September 1 is the first day of meteorological fall in the Northern Hemisphere. Click here to learn why.
Friday
The first Friday in September means we get the monthly employment report for August. Expectations are varied given that July's report was an unexpected blowout, with the economy adding a whopping 528,000 jobs -- more than double what economists were forecasting.
It's also the traditional getaway day for many people heading into Labor Day weekend.
Want more 5 Things?
The CNN 5 Things team has a new podcast! Listen to One Thing with host David Rind each Sunday to hear about the biggest story of the week and why it matters. This week, he chats with CNN Chief International Correspondent Clarissa Ward about life in Afghanistan, one year after the Taliban takeover. Listen here.
Photos of the week
Check out more moving, fascinating and thought-provoking images from the week that was, curated by CNN Photos.
What's happening in entertainment
MTV Video Music Awards
Nicki Minaj, Jack Harlow and LL Cool J are the emcees of tonight's VMAs, which air on MTV at 8 p.m. ET. Harlow, Lil Nas X and Kendrick Lamar lead the nominations with seven each. Doja Cat and Harry Styles are tied with six apiece. Viewers can expect performances from Bad Bunny, Lizzo, Red Hot Chili Peppers and Eminem & Snoop Dogg, among many others.
Return to Middle-earth
The Amazon Prime series "The Lord of the Rings: The Rings of Power" drops on Friday. Amazon invested hundreds of millions in this prequel to the J.R.R. Tolkien series set thousands of years before the events of "The Hobbit" and "The Lord Of the Rings" trilogy, so expectations are high.
What's happening in sports
Tennis anyone?
The main draw of the US Open Tennis Tournament begins Monday in New York. It is the only Grand Slam tennis championship held in North America. Notably absent from the draw is 21-time Grand Slam champion Novak Djokovic, who has remained unvaccinated against Covid-19 throughout the pandemic. Current US rules stipulate that any non-US citizen must be fully vaccinated against the virus in order to receive a visa and enter the country.
Quiz time!
Take CNN's weekly news quiz to see how much you remember from the week that was! So far, 30% of fellow quiz fans have gotten eight or more questions right. How will you fare?
Play me off
'Video Killed The Radio Star'
If you plan on watching the MTV Video Music Awards later tonight, here's a flashback to how it all began with the first video to air on the network in 1981. (Click here to view)
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved.
Recommended for you
The views and opinions depicted here are those of the artists and do not necessarily reflect the views of this publication. Click for more.
|
https://www.albanyherald.com/news/start-your-week-smart-flooding-mar-a-lago-libya-taiwan-moderna/article_7c27c67d-210d-5c78-b272-69cc0fbf3a7f.html
| 2022-08-28T13:36:45Z
|
White House Weighs in on Sherman GlobiTech expansion
SHERMAN, Texas (KXII) - The White House is weighing in on Texas Governor Greg Abbott’s announcement this week of the GlobiTech expansion in Sherman.
GlobiTech will establish an additional manufacturing facility for its parent company - GlobalWafer - right here in Sherman.
This new facility will be the first silicon wafer facility in the U.S. in more than two decades.
The company said this $5-billion facility will create 1,500 jobs and generate billions in capital investment.
U.S. Department of Commerce Deputy Secretary Don Graves said Thursday, the U.S produces 12% of the world’s chips, but not the advanced chips.
The new facility is meant to change that.
“GlobalWafers announcement is critical for the overall semiconductor industry because the wafers that they are going to be producing at this new facility are going to be use by the fabs semiconductor companies all across the country,” Graves said.
GlobalWafers said it chose to build in the U.S. because it believes Congress will get the funding bill to President Biden’s desk this summer.
Copyright 2022 KXII. All rights reserved.
|
https://www.kxii.com/2022/06/30/white-house-weighs-sherman-globitech-expansion/
| 2022-07-01T00:34:28Z
|
Capital Secured at Favourable Terms
Replaces Previously Announced Private Placement
VANCOUVER, BC, July 26, 2022 /PRNewswire/ - PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("PlantX" or the "Company") today announced that it has obtained debt financing whereby it may borrow a principal amount of up to $10,000,000 from an arm's length creditor (the "Holder"), pursuant to the terms and subject to the conditions of a secured convertible promissory note issued to the Holder (the "Convertible Note"). With this financing, the Company announced that it is no longer pursuing its non-brokered private placement that was previously announced on July 13, 2022.
"We listened to the feedback of shareholders, and have secured financing at attractive terms that is a more appropriate way for PlantX to fund its operations and plans," said PlantX CEO, Lorne Rapkin.
The Convertible Note will bear interest at rate of 5.0% per annum, payable monthly and matures on May 1, 2024 (the "Maturity Date"). Proceeds under the Convertible Note will be advanced by the Holder to the Company, at the request of the Company, from time to time, provided that any advance shall be for a minimum of $250,000. The Convertible Note is secured by a general security interest over substantially all of the present and after-acquired personal property of the Company and certain subsidiaries and guaranteed by the same subsidiaries. The Company intends to use the proceeds for working capital and general corporate purposes.
The Holder may, at any time up to and including the Maturity Date, convert, in whole or in part, the then outstanding principal and accrued and unpaid interest (the "Eligible Conversion Amount") into common shares of the Company ("Common Shares") at a conversion price equal to the closing trading price of the Common Shares on the Canadian Securities Exchange (the "CSE") on the last trading day immediately prior to the delivery of a written conversion notice by the Holder, provided that the in no event shall the conversion price per Common Share be less than $0.05 per Common Share (the "Conversion Price"), subject to adjustment in accordance with the terms of the Convertible Note.
Additionally, in the event the ten (10) day volume weighted average trading price of the Common Shares on the CSE is greater than $0.25 per Common Share at any time following the date issuance of the Convertible Note, then the Company shall be entitled to convert all of the Eligible Conversion Amount into Common Shares at the Conversion Price.
Notwithstanding the foregoing, the Convertible Note shall not be permitted to be converted by either the Holder or the Company, whether in whole or in part, where such conversion results in the Holder having beneficial ownership of, or control or direction over, whether direct or indirect, or any combination thereof, equal to or more than 10% of the then issued and outstanding Common Shares, such amount taking into account any other Common Shares issuable pursuant to any other convertible securities beneficially owned, controlled or directed by the Holder on a post-conversion basis.
The securities issued in connection with the Convertible Note are subject to a four-month hold period, in accordance with applicable Canadian securities laws.
As the digital face of the plant-based community, PlantX's platform is the one-stop shop for everything plant-based. With its fast-growing category verticals, the Company offers customers across North America more than 5,000 plant-based products. In addition to offering meal and indoor plant deliveries, the Company currently has plans underway to expand its product lines with its own Juice and Coffee companies -- but the business is not limited to an e-commerce platform. The Company uses its digital platform to build a community of likeminded consumers and, most importantly, to provide education. Its successful enterprise is being built and fortified on partnerships with the top nutritionists, chefs and brands. The Company eliminates the barriers to entry for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier and happier life.
Connect with PlantX: Email | Website | Facebook | LinkedIn | Twitter | Instagram | YouTube | TikTok
This press release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may," "will," "expect," "likely", "should," "would," "plan," "anticipate," "intend," "potential," "proposed," "estimate," "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. The forward-looking information contained herein includes, without limitation, statements regarding the use of proceeds from the Convertible Note and the issuance of Common Shares pursuant to the conversion of the Convertible Note in accordance with the terms and conditions thereof.
By its nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release including, without limitation; the Company's ability to comply with all applicable governmental regulations including all applicable food safety laws and regulations; impacts to the business and operations of the Company due to the COVID-19 epidemic; the conflict in eastern Europe; having a limited operating history; the ability of the Company to access capital to meet future financing needs; the Company's reliance on management and key personnel; competition; changes in consumer trends; foreign currency fluctuations; and general economic, market or business conditions.
Additional risk factors can also be found in the Company's continuous disclosure documents, which have been filed on SEDAR and can be accessed at www.sedar.com. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
View original content to download multimedia:
SOURCE PlantX Life Inc.
|
https://www.mysuncoast.com/prnewswire/2022/07/26/plantx-announces-10-million-debt-financing/
| 2022-07-26T13:26:37Z
|
LONG BEACH, Calif., May 13, 2022 /PRNewswire/ -- Cyclum Renewables, attended the Advanced Clean Transportation (ACT) Expo taking place May 9 - May 12, 2022 in Long Beach, Calif. at the Long Beach Convention Center.
Cyclum Renewables has participated in this year's industry events and plans continual support for initiatives promoting Green Energy Fueling. The ACT Expo event is just another opportunity to advance the trucking industry to move toward renewable fuel dispensing. This annual event hosts the most influential and forward-thinking leaders interested in clean technology commercial vehicles, whose mission is to reduce emissions and build a cleaner, more sustainable tomorrow. Cyclum also recently attended and exhibited at the national TMC event (Technology Maintanance Council) and the NATSO (National Association of Truck Stop Operators) conferences both taking place in Orlando.
While attending the trucking industry trade events, the response from the newly designed nationwide expansion of Cyclum Truck Plazas were greeted with much enthusiasm and continues to excite industry leaders and suppliers promising Green Energy in the future of fueling.
Cyclum Renewables has over 600 planned truck stops in the next 10 years focused on customer experience with highly demanded amenities included on each site location. Cyclum has located potential sites for its first phase of stations, focusing in key distribution markets. These sites include locations in California, Kansas, Pennyslvania and North Carolina. Teddie Walker, Cyclum's Director of Marketing, states that "Cyclum is currently recruiting industry leaders to expand the aggressive plan moving forward for these nationwide sites". Cyclum Renewables is implementing Green Energy Fueling technologies nationwide with the goal of dispensing 100% renewable, sustainable, and carbon negative fuel while providing the best customer experience for truckers and travelers alike!
For more information visit Cyclum Renewables at www.gocyclum.com
Media Contact:
Teddie Walker
877-734-6304
View original content to download multimedia:
SOURCE Cyclum Renewables LLC
|
https://www.mysuncoast.com/prnewswire/2022/05/13/cyclum-renewables-attends-act-expo-2022-renews-nationwide-interest-innovative-truck-stop-plaza/
| 2022-05-13T22:33:30Z
|
Leap into a Learning Adventure with New Toys for Little Ones from LeapFrog®
CHICAGO, April 12, 2022 /PRNewswire/ -- LeapFrog® Enterprises, Inc., a leader in innovative educational toys for children, today announced the latest additions to its award-winning infant and preschool lines, including interactive plush pals and engaging role-play toys. The new items include My Pal Scout Smarty Paws™, My Pal Violet Smarty Paws™, Clean Sweep Learning Caddy™ and Ironing Time Learning Set™.
"We are so excited about the relaunch of our iconic Scout and Violet plush pals and their new innovative touch-sensitive technology – we love seeing little ones' faces light up when they hold the pups' paws and Scout and Violet interact with them," said Andy Keimach, President, VTech Electronics North America, LeapFrog's parent company. "In addition, our new toys are perfect for pretend play that builds young imaginations and makes learning fun and exciting."
The adorable My Pal Scout Smarty Paws and My Pal Violet Smarty Paws offer magical moments when little ones and parents hold hands with each other and the toy for a special interactive experience. These new cuddly friends feature music, games and mindfulness activities while introducing first words, counting, feelings and emotions. They can even be personalized while still in the box, making them the perfect gift! The interactive Clean Sweep Learning Caddy comes with cleaning tools and a delightful bucket that lights up and sings. Playful learning modes help little ones discover colors, counting, directions and more, plus they can boogie to hilarious cleaning commands and hear funny squirting sound effects. For even more role-play fun, the Ironing Time Learning Set helps kids learn about shapes, colors and counting through engaging learning activities. The light-up, motion-activated iron plays songs, silly phrases and sound effects as kids iron the included play clothes.
Highlights of the new additions to LeapFrog's infant and preschool collection include:
My Pal Scout Smarty Paws™ & My Pal Violet Smarty Paws™: Cute, cuddly and customizable, My Pal Scout Smarty Paws™ and My Pal Violet Smarty Paws™ make the perfect friends for your little one. Touch-sensitive front paws feature sensors that begin silly reactions, music, games and mindfulness exercises when little ones hold both paws and stops when they let go to introduce cause and effect. Scout and Violet's paws can help create magical moments for kids and caregivers when they hold hands with each other and the toy adding an interactive experience everyone will love. Personalize the play and learning across more than 15 activities by programming Scout and Violet with the child's name, favorite food, color and animal. Scout and Violet will introduce your child to first words, counting, and feelings and emotions. They'll even teach your child how to spell their own name! Their ears and back paws also have little surprises. Press their ears to play 40+ songs, lullabies, and melodies, or to explore games and activities. The right back paw button activates nighttime mode that plays soft lullabies for 5, 10 or 15 minutes to help soothe little ones to sleep. (Ages 6+ months; MSRP: $24.99 each)
Clean Sweep Learning Caddy™: Clean up on fun and learning with the Clean Sweep Learning Caddy™! The cute lil' face on the bucket lights up and sings as kids pretend to clean with an interactive caddy and cleaning tools just like their favorite adults have. Place the mop in the bucket, then step on the pedal to make the mop spin and the "water" swish and swirl. Playful learning modes help little ones discover colors, counting, directions like up and down, and dancing. Hear funny squirting sound effects as you count to ten in Learn mode, then switch to Dance mode to follow along to playful DJ callouts. Boogie along to 20+ hilarious cleaning commands as you mop, sweep, wipe and giggle. In Pretend mode, hear funny phrases and realistic cleaning sound effects. Uh oh! The mop is still dirty. Press the orange pedal three more times! Inspire helpfulness and learning while encouraging kids to follow directions. Playset includes interactive caddy and bucket, mop, spray bottle, cloth, dustpan and broom. (Ages 3+ years; MSRP: $29.99)
Ironing Time Learning Set™: Press into learning about shapes, colors and counting with the motion-activated Ironing Time Learning Set™! This interactive iron plays songs, silly phrases and sound effects when kids move the iron back and forth. Join the iron in 10+ learning activities! Count to five or sing along to the alphabet song as you iron the included play clothes. Turn the temperature dial to hear about colors, fabrics, and low, medium and high heat. The number one is for low heat, perfect for delicate clothes. Now turn up the heat to watch the light change colors and play steam sound effects! Three buttons show kids numbers, colors and shapes. Press them to hear interactive phrases and questions. Can you find the red shirt? Now iron something with three circles! Watch the iron light up with the color that it names to help kids learn color vocabulary. Hello, yellow! (Ages 18+ months; MSRP: $14.99)
The Ironing Time Learning Set is available now. My Pal Scout Smarty Paws, My Pal Violet Smarty Paws and Clean Sweep Learning Caddy will be available this fall. For more information, visit www.leapfrog.com.
About LeapFrog®
LeapFrog Enterprises, Inc. is the leader in innovative learning toys for children that encourage a child's curiosity and love of learning throughout their early developmental journey. For more than 25 years, LeapFrog has helped children expand their knowledge and imagination through award-winning products that combine state-of-the-art educational expertise led by the LeapFrog Learning Team, innovative technology, and engaging play – turning playtime into quality time that helps children leap ahead. LeapFrog's proprietary learning tablets and ground-breaking developmental games, learn to read and write systems, interactive learning toys and more are designed to create personalized experiences that encourage, excite and build confidence in children. LeapFrog is a subsidiary of VTech Holdings Limited, which is based in Hong Kong. LeapFrog was founded in 1995 by a father who revolutionized technology-based learning solutions to help his child learn how to read. Learn more at www.leapfrog.com.
Media Contact:
Lauren Fagan
Coyne Public Relations
973-588-2000
lfagan@coynepr.com
View original content to download multimedia:
SOURCE LeapFrog
|
https://www.kxii.com/prnewswire/2022/04/12/leapfrog-launches-new-infant-preschool-learning-toys/
| 2022-04-12T13:38:39Z
|
Achieving the best results with an eyelash curler
No matter what brand or quality of mascara you use, it can be difficult to add lift to your eyelashes. But curling your eyelashes makes them look thick and lush.
Eyelash curlers have been around for a long time. But there are some best practices and tips you can follow to ensure you’re using them effectively and getting the best results possible.
Types of eyelash curlers
Eyelash curlers look something like a pair of scissors. When you hold the curlers and squeeze the handles together, the movement operates the clamp mechanism. You curl your lashes by placing them between the clamp before squeezing the handles together. Beyond this basic shape, there are a few variations you can choose.
Metal
Most eyelash curlers are made from metal. There is rubber padding around the clamps, so the curler does not cut your eyelashes. However, if you’re allergic to metal, these types of eyelash curlers won’t be suitable.
Plastic
You can also get eyelash curlers made from plastic. They’re typically not as effective because the material isn’t as strong as metal eyelash curlers, but they are less expensive.
Heated
You can also use a heated eyelash curler to get a more dramatic effect. The battery-powered heater adds a moderate temperature to the clamps on the curler. Just like curling your hair, adding a bit of heat to your eyelash curler makes the curl last longer.
How to use your eyelash curler for the best results
Step 1: Prime your eyelashes
First, make sure your eyelids and eyelashes are clean. Use some eye makeup remover to remove any mascara or other product from the area.
Next, apply some eyelash primer. Eyelash primer is typically a serum or cream and comes with an application brush. Using a primer before you curl your lashes will help them hold the curl for longer.
Step 2: Prep your eyelash curler
It’s important to clean your eyelash curler before and after each use. Unsanitary tools during makeup application can result in an eye infection. Keep your eyelash curlers clean by dampening a makeup wipe or cotton wool dampened with a facial cleanser and running it over the rubber clamps.
If you are using a heated eyelash curler, turn it on and wait for it to warm up. You can also mimic a heated eyelash curler by holding a standard curler under a warm hairdryer for a few seconds before use.
Step 3: Apply the curler to your lashes
Make sure your eyes are fully open and look directly into a mirror. Pick up your eyelash curlers and hold them loosely so the clamps are completely open. Hold the curler against your eye. The eyelashes on top of your eyelid should sit between the top and bottom clamp.
Take a moment to make sure all your eyelashes are inside the two clamps. This placement ensures your lashes curl evenly. The clamps should be close to your eyelid at the base of your eyelashes. Be careful not to go too close, or you might accidentally pinch your eyelids with the clamps. Gently close the clamps to check the placement is correct.
Step 4: Curl your lashes
Once the placement is correct, use the handles to clamp down on the eyelashes fully. Hold the curler steady and firmly but be careful not to clamp too hard. This can accidentally break or damage your eyelashes. Squeeze the clamp gently and hold for about 10 seconds.
Step 5: Avoid a crimped look or sharp angle
After you set the initial curl at the baseline of your lashes, release the clamps. Move the curler clamps slightly further out along your lashes and repeat the curling process. Do this a couple more times along your lash line to achieve a natural-looking curl.
Step 6: Set the curl
While applying mascara after curling isn’t necessary, it does help to hold the curl in place for longer. You can use a light coating of clear mascara or add your favorite shade.
What you need to buy for eyelash curling
Urban Decay Subversion Eyelash Primer
This creamy primer adds lots of volume and length to your lashes. It also protects against breakage from the clamp or a heated curler.
Where to buy: Sold by Amazon and Sephora
Tweezerman ProMaster Lash Curler
This durable lash curler is particularly effective for almond-shaped or deep-set eyes. It has a slightly elongated clamp, and the handles are comfortable to hold. The silicone clamp is hypoallergenic and hygienic, too.
Where to buy: Sold by Amazon and Sephora
Want to shop the best products at the best prices? Check out Daily Deals from BestReviews.
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Lauren Farrell writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved.
|
https://cw33.com/reviews/br/beauty-personal-care-br/eye-makeup-br/how-to-use-an-eyelash-curler/
| 2022-06-08T17:33:49Z
|
LOS ANGELES (AP) — Doctor Strange and his multiverse got to linger a little longer atop the weekend box office as Tom Cruise and “Top Gun” wait in the wings.
Marvel’s “Doctor Strange in the Multiverse of Madness” was the top-earning film of the weekend for the third straight week, bringing in $31.6 million in 4,534 North American theaters, according to studio estimates released Sunday.
“Downton Abbey: A New Era” made a strong opening showing for Focus Features with $16 million from 3,820 theaters, but there has been no real blockbuster competition for “Doctor Strange.”
“This film has had a pretty wide open marketplace,” said Paul Dergarabedian, the senior media analyst for Comscore. “This weekend really is, this is the proverbial calm before the storm.”
That storm will come in the form of the long-awaited, and long-delayed, release of “Top Gun: Maverick,” the sequel that arrives next week on Memorial Day weekend, 36 years after the original smash hit and cultural landmark.
It flies in amid sky-high hype.
“The marketing for this movie has really been going on for about three years.” Dergarabedian said. “That’s a pretty long runway to guild up excitement.”
Cruise had the film festival in Cannes, France, abuzz on Wednesday with a whirlwind appearance for the film’s European premiere that included a fly over of French fighter jets and an honorary Palme d’Or award.
“Top Gun” represents two seemingly fading phenomena — the major movie star and the big-screen-only experience, for which Cruise has been a tireless ambassador. And the industry is hoping they will help bring a more familiar summer for theaters.
“This is going to be one of the most important Memorial Day weekends ever, considering what the stakes are,” Dergarabedian said. “We didn’t have a traditional summer movie season for two years.”
Before the pandemic, the summer box office season generally brought in more than $4 billion annually. After an essentially non-existent 2020, the 2021 take, in a year of recovery, was $1.75 billion. This year’s crop of films, which also includes “Jurassic World Dominion” and “Thor: Love and Thunder,” could double that, Dergarabedian said.
But while the world waits, “Doctor Strange in the Multiverse of Madness” crossed the $800 million mark in global grosses, surpassing “The Batman” to become the top-grossing film of the year.
Released by the Walt Disney Co. and directed by Sam Raimi, “ Doctor Strange 2 ” benefitted from being the first Marvel movie to follow “Spider-Man: No Way Home,” in which Benedict Cumberbatch’s sorcerer played a pivotal role.
It also builds upon the popular Disney+ series “Wandavision” and contains a number of cameos that fans didn’t want to be spoiled.
Holdover family films “The Bad Guys” and “Sonic the Hedgehog 2” took the third and fourth spots. Universal’s “The Bad Guys” added $6.1 million in its fifth week. “Sonic 2” earned $3.9 million in its seventh.
Director Alex Garland’s folk horror thriller “Men” brought in $3.3 million for production company and distributor A24.
Meanwhile, “Everything Everywhere All At Once” is still going strong even after nine weeks in release. The A24 film picked up an additional $3.3 million, down only 6% from the previous weekend, bringing its total grosses to $47 million.
Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Comscore. Final domestic figures will be released Monday.
1. “Doctor Strange in the Multiverse of Madness,” $31.6 million.
2. “Downton Abbey: A New Era,” $16 million.
3. “The Bad Guys,” $6.1 million.
4. “Sonic the Hedgehog 2,” $3.9 million.
5. “Men,” $3.3 million.
6. “Everything Everywhere All At Once,” $3.1 million.
7. “Fantastic Beasts: The Secrets of Dumbledore,” $1.9 million.
8. “Firestarter,” $1.9 million.
9. “The Lost City,” $1.5 million.
10. “The Northman,” $1 million.
___
Follow AP Entertainment Writer Andrew Dalton on Twitter: https://twitter.com/andyjamesdalton
——
This story has been corrected to fix the spelling of “Downton Abbey” from “Downtown Abbey.”
|
https://cw33.com/entertainment-news/ap-entertainment/doctor-strange-remains-atop-box-office-as-top-gun-looms/
| 2022-05-23T13:26:17Z
|
REDWOOD CITY, Calif., Aug. 11, 2022 /PRNewswire/ -- Ivalua, a global leader in spend management, today announced that Aegion Corporation, a leading provider of infrastructure maintenance, rehabilitation, and protection solutions, selected its platform to digitally transform procurement. The initial focus is on digitising the Procure-to-Order process with subsequent phases planned for invoicing and sourcing. Ivalua will also deliver implementation services.
Aegion's procurement team planned a multi-phase transformation to deliver efficiency and transparency, while ensuring savings flow to the bottom line. The initial focus is on streamlining the purchasing process, improving the experience for employees, and capturing negotiated savings to support profitability. Ivalua's platform supports all categories of spend, including project-based spend.
"Aegion's success is built upon innovative technologies, market-leading expertise, and continuous improvement," said Wilton Hockaday, SVP of Supply Chain and Manufacturing at Aegion. "We saw a natural fit with Ivalua, whose experience with infrastructure-focused businesses and modular platform supports our immediate priorities and future plans."
"We are proud to welcome Aegion to the Ivalua community," said Dan Amzallag, COO of Ivalua. "We look forward to working together to take their procurement and supply chain operations to the next level and drive measurable bottom-line results."
Aegion combines innovative technologies with market-leading expertise to maintain, rehabilitate and strengthen infrastructure around the world. Since 1971, the Company has played a pioneering role in finding transformational solutions to rehabilitate aging infrastructure, primarily pipelines in the wastewater, water, energy, mining and refining industries. Aegion also maintains the efficient operation of refineries and other industrial facilities. Aegion is committed to Stronger. Safer. Infrastructure. ® More information about Aegion can be found at www.aegion.com.
Ivalua is a leading provider of cloud-based Spend Management software. Our complete, unified platform empowers businesses to effectively manage all categories of spend and all suppliers, increasing profitability, improving ESG performance, lowering risk and improving employee productivity. We are trusted by hundreds of the world's most admired brands and recognized as a leader by Gartner and other analysts. Learn more at www.ivalua.com. Follow us at @Ivalua.
View original content to download multimedia:
SOURCE Ivalua
|
https://www.kxii.com/prnewswire/2022/08/11/aegion-selects-ivalua-digitally-transform-procurement/
| 2022-08-11T15:13:45Z
|
- Kapur to drive execution of key sustainability and digitalization strategic initiatives and advance integration of Honeywell Accelerator throughout the organization
- Change provides Honeywell Chairman and CEO Darius Adamczyk with additional flexibility to focus on overarching strategic and tactical objectives – with more time for business development, customer engagement and people development
CHARLOTTE, N.C., July 28, 2022 /PRNewswire/ -- Honeywell (NASDAQ: HON) today announced that Vimal Kapur, current President and CEO of Honeywell Performance Materials and Technologies (PMT), has been appointed to the role of President and Chief Operating Officer (COO), effective immediately. The presidents of all Honeywell Strategic Business Groups will report to Kapur in his new role, while Kapur and all functional leaders will continue to report to Chairman and CEO Darius Adamczyk.
Kapur, 56, has over three decades of experience across various Honeywell businesses and, as COO, will work closely with Adamczyk to drive the continued profitable growth of Honeywell's operating businesses. This includes creating new solutions to help customers drive their sustainability transformations and accelerate their digital transformation journeys. Kapur will also oversee the continued integration of Honeywell's operating system, "Honeywell Accelerator," across the organization and further its adoption as a learning tool for all Honeywell employees.
"Vimal is uniquely qualified for this role, having proven his operational capabilities across many different industries, business models, regions, and business cycles," said Adamczyk. "Vimal has served Honeywell customers for 33 years, and in that time has achieved a deep understanding of the Honeywell portfolio, our end markets, and our customers' needs. He has successfully driven sustainability and digitalization solutions across our portfolio. I look forward to partnering with Vimal to strengthen our execution and drive further value creation for our customers and shareowners."
Adamczyk continued, "As Honeywell continues creating new solutions to make businesses more efficient and sustainable – which are paramount for our customers and the future of the planet – this is the perfect time to bring Vimal into the COO role. His appointment provides me the additional bandwidth to prioritize overarching strategy, business development, customer engagement and people development. With this focus and a strong team in place, Honeywell is well positioned to expand our crucial partnerships with the customers and industries we serve."
"I'm honored to step into the COO role, where my initial priorities will be to support Darius with a key focus on our sustainability and digitalization solutions," Kapur said. "By building on and expanding the use of Honeywell Accelerator, we will be able to integrate and innovate with greater speed across our lines of business. These ongoing efforts are at the core of our growth opportunities and, looking ahead, will enable us to advance our collective success."
Kapur will continue to perform the role of President and CEO of Honeywell PMT, a business group that develops process technologies, automation solutions, advanced materials, and industrial software, until his successor is named.
Under Kapur's leadership as President and CEO of PMT, the business continues to rapidly pivot its portfolio to sustainable offerings in circularity, energy evolution, environmental transformation, resiliency, and accountability. This includes launching innovative technologies and partnerships with Avangard Innovative and Sacyr with new plastics recycling technology and with TotalEnergies for a petrochemical offtake company. In addition, Kapur and his team introduced large scale renewable energy storage for wind and solar usage with Duke Energy and helped Walmart and AstraZeneca lower their carbon footprint and improve energy efficiency with the Solstice Line of products. The PMT business currently has 20,000 employees and operates in more than 100 countries globally.
Additionally, Kapur served for three years as President and CEO of Honeywell Building Technologies (HBT), with leading offerings that improve energy performance, air quality, and the safety and security of commercial buildings in more than 10 million buildings worldwide. Under his leadership, the HBT business successfully launched the Healthy Building portfolio and expanded margins by ~200 basis points over three years.
Before HBT, Kapur also held the role of President of Honeywell Process Solutions where he led the business through the oil and gas downturn. Over a three-year period, Kapur was able to increase sales by 6%, expand margins by over 400 basis points and grow cash margins by 860 basis points to over 17%.
Prior to that, he was Vice President and General Manager of the Advanced Solutions line of business, where he built the foundation of an outcome-driven software business, successfully integrating our Matrikon acquisition into Honeywell. Additionally, he has held several other leadership positions, including Managing Director for Honeywell Automation India Limited.
Kapur graduated from the Thapar Institute of Engineering in Patiala, India, as an electronics engineer, with a specialization in instrumentation.
Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
This release contains certain statements that may be deemed "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, that address activities, events or developments that we or our management intends, expects, projects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are based upon certain assumptions and assessments made by our management in light of their experience and their perception of historical trends, current economic and industry conditions, expected future developments and other factors they believe to be appropriate. The forward-looking statements included in this release are also subject to a number of material risks and uncertainties, including but not limited to economic, competitive, governmental, and technological factors affecting our operations, markets, products, services and prices. Such forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by such forward-looking statements. We identify the principal risks and uncertainties that affect our performance in our Form 10-K and other filings with the Securities and Exchange Commission.
View original content to download multimedia:
SOURCE Honeywell
|
https://www.wibw.com/prnewswire/2022/07/28/honeywell-names-vimal-kapur-president-chief-operating-officer/
| 2022-07-28T11:31:18Z
|
Company Reaffirms Financial Outlook for Full Year 2022
NEW BRITAIN, Conn., June 1, 2022 /PRNewswire/ -- Stanley Black & Decker (NYSE: SWK) today announced that its Board of Directors has named Donald Allan, Jr., currently President and Chief Financial Officer, the Company's next Chief Executive Officer, effective July 1, 2022. Mr. Allan will succeed James M. Loree, who has served as CEO since 2016. Upon assuming his new role, Mr. Allan will join the Board of Directors and retain his title as President. Also, as part of today's announcement, the Company has appointed Corbin Walburger to serve as Interim Chief Financial Officer, effective July 1, 2022.
Andrea J. Ayers, Chair of the Board of Directors, said, "Don Allan's appointment reflects the Board's succession planning, and in naming him as our next CEO, we have chosen a world-class executive with exceptional experience and leadership skills. Since arriving at the Company in 1999, Don has been instrumental in driving the Company's growth and transformation strategy. He is well respected throughout the organization as well as among our valued customers and the investment community. He is ideally suited to lead Stanley Black & Decker through its next stage of growth, and we expect a very smooth transition of leadership."
Ms. Ayers added, "The Board greatly appreciates Jim Loree's leadership during his tenure at the Company. His contributions to the strategic repositioning of the business, and his strong dedication to the Company's key stakeholders, will be hallmarks of his legacy. Notably, he led the Company through a period of significant growth, increasing annual revenues from continuing operations from $11 billion in 2016 to over $19 billion expected in 2022. We are grateful to Jim for building the foundation for the Company's next period of growth and value creation."
Mr. Allan is a seasoned leader and 23-year veteran of Stanley Black & Decker who has played a key role in the Company's evolution to become the world's leading tool company. During his time as President and CFO, he has focused on driving strategic, long-term profitable growth and has overseen the execution and advancement of the Company's operating model. Mr. Allan has shared responsibility for Global Operations and Supply Chain, and has overseen the Stanley Security business, the Outdoor Products Group and Asia Tools & Storage. He has also led Finance, Information Technology, Margin Resiliency, Industry 4.0 and Advanced Analytics.
Mr. Walburger has been with Stanley Black & Decker for 14 years and currently serves as Vice President of Corporate Business Development with global leadership responsibility for mergers, acquisitions and divestitures, as well as the Company's corporate venture initiative. He joined the Company in 2008 following ten years at Goldman, Sachs & Company.
The Company has engaged Heidrick & Struggles to assist with the search for a permanent CFO.
Mr. Loree said, "It has been an enormous privilege to serve as CEO of this iconic company. I am exceptionally proud of all we have been able to accomplish during my career at Stanley Black & Decker, particularly over the past six years as CEO, and I am confident that the Company has a bright future ahead. I've worked closely with Don Allan for the past 23 years, and I am pleased to pass the baton to a leader of his extraordinary caliber."
Mr. Allan said, "I am honored to be named CEO and appreciate the Board's trust and support. I look forward to working with our 60,000 outstanding employees, as we navigate through the challenges of the current market environment and execute on our strategy to deliver value to our customers and shareholders. I am very pleased that Corbin Walburger has agreed to serve as our Interim CFO. He brings impressive experience and expertise to his new role.
"Looking ahead, with our recent portfolio actions, Stanley Black & Decker is a more focused and streamlined company, with leading franchises that serve the construction, outdoor, and industrial markets. Our strong leadership team is committed to capitalizing on our organic growth catalysts, enhancing operational execution through price realization and cost prioritization, transforming the supply chain, and successfully completing our outdoor integrations and security divestitures."
To further support Stanley Black & Decker's organic growth imperatives, the Company plans to rebalance $200-$250 million of current annualized investments to fund incremental commercial, engineering, and supply chain resources to further accelerate supply chain productivity. It expects this plan to generate approximately $1 billion of value within the next five years in addition to supporting the organic growth imperatives in the Tools and Outdoor businesses over the next three years. These initiatives will help drive the Company's near-term priorities and deliver significant free cash flow, which along with the completion of our previously announced $4 billion return of capital program in 2023, will support a multi-year period of organic growth, margin expansion and long-term shareholder value creation.
Company Reaffirms Financial Outlook for Full Year 2022
The Company is reaffirming its 2022 outlook, which it provided on April 28, 2022. Specifically, for the full year 2022, the Company anticipates diluted EPS of $7.20 to $8.30 on a GAAP basis and $9.50 to $10.50 on a non-GAAP adjusted basis. Free cash flow is expected to be approximately $1.0 billion to $1.5 billion.
About Stanley Black & Decker
Headquartered in the USA, Stanley Black & Decker (NYSE: SWK) is the world's largest tool company operating nearly 50 manufacturing facilities across America and more than 100 worldwide. Guided by its purpose – for those who make the world – the company's more than 60,000 diverse and high-performing employees produce innovative, award-winning power tools, hand tools, storage, digital tool solutions, lifestyle products, outdoor products, engineered fasteners and other industrial equipment to support the world's makers, creators, tradespeople and builders. The company's iconic brands include DEWALT®, BLACK+DECKER®, CRAFTSMAN®, STANLEY®, CUB CADET®, HUSTLER® and TROY-BILT®. Recognized for its leadership in environmental, social and governance (ESG), Stanley Black & Decker strives to be a force for good in support of its communities, employees, customers and other stakeholders. To learn more visit: www.stanleyblackanddecker.com.
Investor Contacts:
Dennis Lange
Vice President, Investor Relations
dennis.lange@sbdinc.com
(860) 827-3833
Cort Kaufman
Senior Director, Investor Relations
cort.kaufman@sbdinc.com
(860) 515-2741
Media Contacts:
Shannon Lapierre
Chief Communications Officer
shannon.lapierre@sbdinc.com
(860) 259-7669
Debora Raymond
Vice President, Public Relations
debora.raymond@sbdinc.com
(203) 640-8054
Non-GAAP Financial Measures
Diluted EPS, excluding charges, or adjusted EPS, is diluted GAAP EPS excluding the impacts of acquisition-related and other charges. Free cash flow is defined as cash flow from operations less capital and software expenditures. Management considers free cash flow an important indicator of its liquidity, as well as its ability to fund future growth and to provide a return to the shareowners, and is useful information for investors. Free cash flow does not include deductions for mandatory debt service, other borrowing activity, discretionary dividends on the Company's common and preferred stock and business acquisitions, among other items. Free cash flow conversion is defined as free cash flow divided by net income. The Company considers the use of the Non-GAAP financial measures above relevant to aid analysis and understanding of the Company's results, business trends and outlook measures aside from the material impact of acquisition-related and other charges and ensures appropriate comparability to operating results of prior periods. The difference between 2022 GAAP and adjusted EPS guidance is $2.20 to $2.30, consisting of acquisition-related and other charges. These forecasted charges primarily relate to restructuring expenses, a voluntary retirement program, the Russia business closure, integration costs and non-cash inventory step-up charges.
CAUTIONARY STATEMENTS
Under the Private Securities Litigation Reform Act of 1995
This document contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any projections or guidance of earnings, revenue or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements concerning proposed new products, services or developments; any statements regarding future economic conditions or performance; any statements of belief; and any statements of assumptions underlying any of the foregoing. Forward-looking statements may include, among others, the words "may," "will," "estimate," "intend," "continue," "believe," "expect," "anticipate" or any other similar words.
Although the Company believes that the expectations reflected in any of its forward-looking statements are reasonable, actual results could differ materially from those projected or assumed in any of its forward-looking statements. The Company's future financial condition and results of operations, as well as any forward-looking statements, are subject to change and to inherent risks and uncertainties, such as those disclosed or incorporated by reference in the Company's filings with the Securities and Exchange Commission.
Important factors that could cause the Company's actual results, performance and achievements, or industry results to differ materially from estimates or projections contained in its forward-looking statements include, among others, the following: (i) successfully developing, marketing and achieving sales from new products and services and the continued acceptance of current products and services; (ii) macroeconomic factors, including global and regional business conditions (such as Brexit), commodity prices, inflation and deflation, and currency exchange rates; (iii) laws, regulations and governmental policies affecting the Company's activities in the countries where it does business, including those related to tariffs, taxation, data privacy, anti-bribery, anti-corruption, government contracts and trade controls such as section 301 tariffs and section 232 steel and aluminum tariffs; (iv) the economic, political, cultural and legal environment of emerging markets, particularly Latin America, Russia, China and Turkey; (v) realizing the anticipated benefits of mergers, acquisitions, joint ventures, strategic alliances or divestitures; (vi) pricing pressure and other changes within competitive markets; (vii) availability and price of raw materials, component parts, freight, energy, labor and sourced finished goods; (viii) the impact the tightened credit markets and change to LIBOR and other benchmark rates may have on the Company or its customers or suppliers; (ix) the extent to which the Company has to write off accounts receivable or assets or experiences supply chain disruptions in connection with bankruptcy filings by customers or suppliers; (x) the Company's ability to identify and effectively execute productivity and operational improvements, cost reductions and price realization; (xi) potential business and distribution disruptions, including those related to physical security threats, information technology or cyber-attacks, epidemics, pandemics, sanctions, political unrest, war, terrorism or natural disasters; (xii) the continued consolidation of customers, particularly in consumer channels and the Company's continued reliance on significant customers; (xiii) managing franchisee relationships; (xiv) the impact of poor weather conditions and climate change; (xv) maintaining or improving production rates in the Company's manufacturing facilities, responding to significant changes in customer preferences, product demand and fulfilling demand for new and existing products, and learning, adapting and integrating new technologies into products, services and processes; (xvi) changes in the competitive landscape in the Company's markets; (xvii) the Company's non-U.S. operations, including sales to non-U.S. customers; (xviii) the impact from demand changes within world-wide markets associated with homebuilding and remodeling; (xix) potential adverse developments in new or pending litigation and/or government investigations; (xx) the incurrence of debt and changes in the Company's ability to obtain debt on commercially reasonable terms and at competitive rates; (xxi) substantial pension and other postretirement benefit obligations; (xxii) potential regulatory liabilities, including environmental, privacy, data breach, workers compensation and product liabilities; (xxiii) attracting and retaining key employees, managing leadership succession, supervision of a workforce in many jurisdictions, work stoppages or other labor disruptions; (xxiv) the Company's ability to keep abreast with the pace of technological change; (xxv) changes in accounting estimates; (xxvi) the Company's ability to protect its intellectual property rights and associated reputational impacts; (xxvii) the continued adverse effects of the COVID-19 pandemic and an indeterminate recovery period; (xxviii) the possibility that the Company does not achieve the intended financial benefits from the acquisition of MTD and Excel; (xxix) the failure to consummate, or a delay in the consummation of, the Security or Access Technology sale transactions for various reasons (including but not limited to failure to receive, or delay in receiving, required regulatory approvals and meet customary closing conditions); (xxx) the failure to undertake or complete, or a delay in the timing of, the share repurchase program; (xxxi) failure to realize the expected benefits of the Company's capital allocation strategy and share repurchase program; and (xxxii) successful and effective rebalancing of $200-$250 million of investments to: fund commercial, engineering and supply chain resources; support organic growth imperatives in the Tool and Outdoor businesses; and achieve the expected $1 billion in value creation, within the expected time frames.
Additional factors that could cause actual results to differ materially from forward-looking statements are set forth in the Annual Report on Form 10-K and in the Quarterly Report on Form 10-Q, including under the heading "Risk Factors," "Management's Discussion and Analysis of Financial Condition and Results of Operations" and in the Consolidated Financial Statements and the related Notes. Forward-looking statements in this press release speak only as of the date hereof, and forward-looking statements in documents attached that are incorporated by reference speak only as of the date of those documents. The Company does not undertake any obligation to update or release any revisions to any forward-looking statement or to report any events or circumstances after the date hereof or to reflect the occurrence of unanticipated events, except as required by law.
View original content to download multimedia:
SOURCE Stanley Black & Decker
|
https://www.kxii.com/prnewswire/2022/06/01/donald-allan-jr-succeed-james-loree-chief-executive-officer-stanley-black-amp-decker/
| 2022-06-01T12:02:50Z
|
Award celebrates innovations in food and beverages industry
FORT COLLINS, Colo., Aug. 16, 2022 /PRNewswire/ -- Food Logistics, the only publication exclusively dedicated to covering the movement of product through the global cold food supply chain, named the Liviri Sprint series as a winner of this year's Top 3PL & Cold Storage Providers Award. This award recognizes leading third-party logistics and cold storage providers in the cold food and beverage industry.
The Liviri Sprint series is designed for grocers, specialty food companies and produce shippers to provide durable, sustainable insulated totes for e-grocery pickup, micro-fulfillment and last-mile delivery. Its high-performance, reusable design reduces the need for chilled storage space or refrigerated trucks. By keeping perishables in the safe temperature zone for 12+ hours, Liviri Sprint eliminates wasteful single-use packaging, delivering a more sustainable cold chain solution for the grocery industry.
"These past 18 months have been so challenging for U.S. supply chains. It's the continuous bottlenecks that require fleets to re-tool and pivot accordingly. But, it's the drivers, the fleet, the warehouses and software/technologies that really keep today's supply chains in line," says Marina Mayer, Editor-in-Chief of Food Logistics and Supply & Demand Chain Executive. "These 3PLs and cold storage providers have collaborated on all facets of their operations to achieve full visibility, complete forecasting, end-to-end leverage and the ultimate in sustainability. Now is the time to honor and celebrate those companies making magic happen behind the frontlines."
"Each day, our team is dedicated to challenging the status quo and eliminating unnecessary waste of materials and resources within the global cold food supply chain industry with our innovative products," said Chuck Kukic, general manager of Liviri. "We are proud to receive this award as it's a recognition of our efforts to collaborate with our customers directly to help them evolve their own needs in providing a more efficient and sustainable solution."
Liviri is the leading innovator of sustainable packaging solutions for thermal performance, operational efficiency and cost-effective scalability. Backed by Otter Products' 20+ years of industry leading innovations, Liviri containers and totes undergo extensive thermal testing to ensure the highest quality temperature performance and protection across staging and shipping use cases. For more information on Liviri, or to find out more about the Liviri Sprint series, visit Liviri.com.
Recipients of this year's award will be profiled in Food Logistics' August 2022 print issue as well as online at www.FoodLogistics.com. Go to https://www.foodlogistics.com/awards to learn more about other Food Logistics' awards.
About Liviri:
Liviri is the leading innovator of sustainable packaging solutions for thermal performance, operational efficiency, and cost-effective scalability. We offer the whole package through our family of reusable, thermally protective containers that provide durable, sustainable, and reliable transport solutions for everything from staging chilled groceries for pickup, to sending fine wine in any season, to temperature-critical biologics.
About Food Logistics
Food Logistics reaches more than 26,000 supply chain executives in the global food and beverage industries, including executives in the food sector (growers, producers, manufacturers, wholesalers and grocers) and the logistics section (transportation, warehousing, distribution, software and technology) who share a mutual interest in the operations and business aspects of the global cold food supply chain. Food Logistics and sister publication Supply & Demand Chain Executive are also home to L.I.N.K. and L.I.N.K. Educate podcast channels, L.I.N.K. Live, SCN Summit, SupplyChainLearningCenter.com and more. Go to www.FoodLogistics.com to learn more.
View original content to download multimedia:
SOURCE Liviri
|
https://www.kxii.com/prnewswire/2022/08/16/liviri-named-winner-food-logistics-2022-top-3pl-amp-cold-storage-providers-award/
| 2022-08-16T14:10:21Z
|
NEW YORK, June 17, 2022 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), a creator-first holding company and the parent company of Vocal, today confirmed that its app is on schedule and that the Company will preview both the product and a number of new updates across Creatd's portfolio of brands at its upcoming Investor Day.
Said Creatd Founder and Executive Chairman, Jeremy Frommer, "This will be the most important event for our company since the launch of Vocal in December of 2016. Our management looks forward to discussing all of our strategic initiatives at an Investor Day in our New York office on July 21st, 2022, which will include a live-streamed broadcast as well as a Q&A with the team."
The Company will disseminate further information regarding registration for its Investor Day in the coming weeks. For investor and press-related questions, please contact ir@creatd.com.
About Creatd
Creatd, Inc. (Nasdaq CM: CRTD) is a company with a mission to provide economic opportunities to creators and brands by multiplying the impact of platforms, people, and technology. The Company has four main business segments, or 'pillars': Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios. Each pillar is characterized by a distinct revenue model, while operating on a shared-services structure and proprietary data collected from our multiple technology platforms. Creatd's pillars work together to create a flywheel effect, supporting our core vision of creating a viable and safe ecosystem for all stakeholders in the creator economy.
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.
View original content to download multimedia:
SOURCE Creatd, Inc.
|
https://www.mysuncoast.com/prnewswire/2022/06/17/creatd-sets-july-21st-2022-date-investor-day-first-look-vocal-app/
| 2022-06-17T19:08:31Z
|
Xcel Energy named in lawsuit alleging power lines were ‘substantial factor’ in Colorado fire
By Rebekah Riess, CNN
A class-action lawsuit has been filed against Xcel Energy Inc. in Colorado, alleging its power lines and equipment “were a substantial factor in the cause, origin, and continuation of the deadly Marshall Fire,” according to a court filing.
The origin of the blaze is still under investigation, said Boulder County Sheriff Joe Pelle.
The lawsuit claims witnesses saw fire igniting near a power line the morning of December 30, 2021, suggesting sparks ignited a ground fire that became known as the Marshall Fire in the Eldorado Springs neighborhood of Boulder.
“Strong winds carried sparks from an Xcel power line that started a ground fire in the Eldorado Springs-Marshall Mesa neighborhood,” the lawsuit states. “The resulting fire burned across 6,000 acres of land and destroyed 1,091 structures, including 1,084 homes. 30,000 residents were evacuated, dozens were injured, and at least one man lost his life while fleeing from the Marshall Fire.”
Attorney James W. Avery, who filed the suit, claims negligence on Xcel’s part and is seeking summary judgment for the plaintiffs he says were “terrorized and damaged,” including “real or personal property or damage from smoke, soot, and ash.”
Xcel Energy told CNN it is reviewing the suit while continuing to work with authorities.
“Our own investigation shows that our equipment in the area of the fire was properly maintained and inspected, consistent with our high standards, and we have not seen evidence that our equipment ignited the fire,” Xcel spokeswoman Michelle Aguayo told CNN. “There were no downed power lines in the area at the time of the fire.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Andy Rose contributed to this report.
|
https://localnews8.com/news/national-world/cnn-national/2022/04/01/xcel-energy-named-in-lawsuit-alleging-power-lines-were-substantial-factor-in-colorado-fire/
| 2022-04-01T20:42:16Z
|
NEW YORK, Aug. 16, 2022 /PRNewswire/ -- Recurate, the leader in branded resale technology, announces the release of the Recurate Resale Report, the first-ever resale report to provide brands with key tools, information, and insights on how launching a brand-owned resale program can win new fans, inspire brand loyalty, and save the planet.
In partnership with social impact agency BBMG, the report surveys thousands of adults in 11 key markets globally, including a mix of non-active and active recommerce participants to understand their recommerce shopping habits. The survey data that was collected and included in the report debunks outdated resale preconceptions and highlights the benefits of brand-owned resale. Key insights from the report include:
- Resale is not niche and is not just for Gen Z
- Brand loyalty will increase with brand-owned resale
- Opportunity to increase customer base and decrease production
- Frequent fashion without fast fashion
- Brands aren't doing enough
- Customers are demanding brand-owned resale
"This consumer report quantifies the tremendous opportunity of brand-owned resale" said Karin Dillie, VP of Partnerships at Recurate. "The numbers are clear - brands who launch in-house resale programs can create substantially more loyal, more frequent customers than brands who don't."
Recurate's Resale Report findings show that as the resale market continues to grow and outpace traditional retail, it is imperative that brands are able to leverage resale as a sustainability initiative and revenue driver. For brands, recommerce is key to unlocking the next chapter of growth, engagement, and loyalty.
The Resale Report is an important component of Recurate's larger mission to empower brands with the support and technology they need to meaningfully participate in the circular economy.
The report is available to download on Recurate.com/resalereport.
About Recurate
Founded in 2020, Recurate, Inc. is a leading circular economy technology company that offers brands an ecommerce solution to capture their secondhand sales. Recurate enables an integrated resale marketplace on brands' ecommerce stores, allowing their customers to resell items they previously purchased from those brands. Recurate works with fashion, outdoor gear, electronics, and equipment brand companies. To learn more about Recurate, please visit: www.recurate.com.
View original content to download multimedia:
SOURCE Recurate
|
https://www.kxii.com/prnewswire/2022/08/16/recurate-releases-consumer-resale-report-spur-brands-into-meaningful-change/
| 2022-08-16T15:44:06Z
|
Solar research, test lab and training facility builds on Nextracker's 5.5 gigawatts of smart solar trackers in Brazil and 70 gigawatts worldwide
SOROCABA, Brazil, Aug. 16, 2022 /PRNewswire/ -- Nextracker™, the global leader in smart solar trackers with the no. 1 market share position in Brazil, is partnering with FIT (Flex Instituto de Tecnologia) to launch South America's largest solar tracker R&D facility, the Brazil Center for Solar Excellence (CFSE). This state-of-the-art multi-million-dollar photovoltaic research and development center will be officially unveiled in Sorocaba, Brazil on August 22.
The CFSE technology hub will encompass the full lifecycle of solar tracker systems including structural, mechanical, and electrical design, construction, operation, and maintenance. CFSE researchers will conduct in-depth research and testing on wind dynamics, soil mechanics, and tracker performance enhancement via software and battery backup systems. The Nextracker - FIT facility includes an adjacent 770 kilowatt (kW) solar installation which serves as an outdoor laboratory for prototyping and testing new products and a workforce training center totaling 30,000 square meters.
"We're proud to have Nextracker as a partner on our Guañizul project in Argentina and looking forward to our collaboration on upcoming South American projects using their high performing NX Horizon smart solar tracker systems," stated Aleksander Skaare, Vice President of projects at Scatec. "This facility is an exciting development to help advance the solar industry in Brazil and South America."
According to Woodmackenzie Power & Renewables, Nextracker holds the no. 1 position for solar trackers in Brazil with 38% market share. The company won six projects in the past nine months with a cumulative capacity of 2.6 GW, bringing their total tracker projects in Brazil to 5.5 GW either in operation or under fulfillment.
"Brazil is one of the fastest-growing solar power markets in the world," stated Dan Shugar, CEO and founder of Nextracker. "We've been making our electronic controllers and key components in Brazil for over five years, now investing heavily in a world-class R&D and test facility. We've provided installer training to hundreds of solar professionals through our PowerworX Academy and together with FIT, hired dozens of highly specialized and talented staff to continue to advance the state-of-the-art technology to best support our customers. This center is an expansion of this effort." For Dan Shugar, the initiative is another step toward accelerating solar as the world's fastest growing source of energy.
Carlos Ohde, General Manager of the FIT Institute of Technology said, "We're focused on careful design, empirical testing, and performance with well-designed measurement and verification protocol. We're thrilled to partner with Nextracker as the core anchor in this R&D center and as the leading solar technology company to take solar power generation to new heights."
Nextracker's new Brazilian R&D hub is modeled after the company's existing Center of Excellence facility co-located at their headquarters in Fremont, California (USA). Brazil's fast-growing pipeline of PV projects led Nextracker to choose the country for its largest investment in R&D and training outside of North America.
According to analyst firm Wood Mackenzie Power & Renewables, Brazil's solar tracker market is growing four times as fast as the international market, with single-axis tracker installations having increased by 105% (or 5.7 GW) in 2021. Brazil has a goal to achieve 45% of its energy from renewable sources by 2030.
About Nextracker
With 70 GW of single-axis trackers delivered worldwide, Nextracker is a world leader in smart, integrated tracker solutions and software. Its solar trackers and intelligent software allow utility-scale solar power plants to track the movement of the sun and optimize the performance of these assets.
Notable Brazil projects include the Janaúba complex (1.2 GW) and Sol do Cerrado (766 MW). With a local workforce to support the complete life cycle of solar projects spanning sales, operations, and technical support, Nextracker has already supplied solar trackers to 16 utility-scale solar plants in Brazil, from Ceará to São Paulo.
The company entered the Brazilian market in 2015. Its administrative headquarters, factory, and training program for installers, PowerworX Academy, are in Sorocaba. Nextracker's PowerworX installer training academy provides cross-functional, hands-on instruction to solar workers on the fundamentals and finer points of the design, installation, commissioning, software, and operations and maintenance of Nextracker's advanced PV systems.
For more information, please visit: www.nextracker.com
About FIT
Founded in 2003, FIT - Institute of Technology is a national non-profit organization, accredited by the Ministry of Science, Technology, and Innovation. FIT is a leading institute developing technological solutions for a wide range of industries; solutions that anticipate the needs of the market, industry, and people. With state-of-the-art equipment and a highly qualified team, FIT contributes to technological developments that surprise and reveal trends. We are building the future every day and bringing technology to everyone. For more information, please visit FIT.
View original content to download multimedia:
SOURCE Nextracker
|
https://www.wibw.com/prnewswire/2022/08/16/nextracker-fit-institute-technology-launch-brazil-center-solar-excellence/
| 2022-08-16T16:17:51Z
|
(NewsNation) — Wildfires have devastated large parts of the country, displacing families and changing the natural landscape.
This week, firefighters have begun to tame the spread of a wildfire near Yosemite National Park, where thousands of residents fled their homes and buildings burned in the dozens.
But fires in Texas and Oklahoma have also ravaged the southwestern part of the nation — representing just a handful of the more than 38,000 wildfires this year alone, according to the National Interagency Fire Center. Of that total, 84 incidents were classified as large fires.
NewsNation spoke with Benjamin Cook, a climate scientist at the NASA Goddard Institute for Space Studies, about what fuels these fires and how they impact communities.
The interview has been edited for length and clarity.
NewsNation: It seems like fires are becoming more severe and doing more damage. Is that true and if so, why?
Cook: Yes, there’s a lot of truth to that, but the reasons why are kind of complicated and multifaceted. The western U.S. … historically over the last 100 years, the management of the use of these lands has been one geared towards fire suppression … the problem is, by suppressing those fires, you allow for a lot of vegetation fuel — basically dead biomass — to build up over the landscape over time. Right now, we have this really big fuel surplus across the landscape that’s kind of ready to burn.
In addition, you have a lot more people living in the western United States, including communities that are built into these fire-prone ecosystems. So that means your exposure to fire risk is also increasing over time.
Third … in the natural world, the only real way to start a fire is a lightning strike. But fires start, either intentionally or accidentally, from a spark from a powerline, or sparks from a roadway, things like that.
And then finally, climate change is also playing a role by making things just overall in the West drier.
NewsNation: What kind of environmental impacts and health impacts do wildfires have?
Cook: Certainly the immediate impact of fire for people living in these regions is direct. Oftentimes, they lose their homes and many of their possessions and they’re displaced and forced to evacuate.
More generally, one of the biggest impacts from these large, really intense fires is the smoke and the air pollution…
In some of those recent years, there were periods of time where the San Francisco Bay Area had the worst air quality in the world from these fires.
When these fires happen during heat waves or extreme heat events, much of the West, particularly the Pacific Northwest, many people there don’t have air conditioning because it traditionally, or historically, just has never really gotten that hot for long enough to really justify the expense.
But there again have been recent periods where you’ve had these heat waves at the same time they’ve had these fire events, which means that people wanted to open up their windows but they couldn’t, or it was difficult … because the air quality was so low and they would be letting smoke into the house.
NewsNation: Are there other ways that people are impacted by wildfires that they might not realize?
Cook: One kind of interesting thing for the West especially in California is smoke taint. Obviously, California is a major grape-grower and a major wine producer in the United States … if you have wildfires, and you have a lot of smoke, then the smoke can actually get into the fruit and basically ruin the flavor … there’s a lot of interest and active research right now to figure out ways to deal with smoke taint in those grapes.
I mentioned the interaction with heat extremes before, but another interaction with extremes is heavy precipitation … You’ve seen this happen in California where a fire will come through during the dry season and burn out the vegetation. In the winter you’ll get a big precipitation event and this will drive a major landslide because the fire’s removed the vegetation, that heavy precipitation has come, nothing’s holding the soil together, and then everything kind of just slips off.
NewsNation: When you talk about all this vegetation that now is just sitting, ready to be fuel for another fire — is there anything we can do moving forward to better prevent those fires from happening?
Cook: This is one of the big challenges right now — how to deal with this more fire-prone system in the western U.S. in a more proactive rather than reactive way. Certainly, organizations like the fire service are doing prescribed burns, which are designed to basically run a controlled fire so that you can try to prevent some big fire from taking off later.
In addition, there’s a lot of discussion about Indigenous fire management and thinking about how the people who were originally here before Europeans arrived kind of managed these landscapes … Thinking about some of those practices and incorporating them into fire management plans is part of the discussion, as well.
|
https://cw33.com/news/nexstar-media-wire/qa-why-are-wildfires-getting-worse/
| 2022-07-30T22:42:16Z
|
Disputes over Grayson County jail expansion takes commissioner court floor, faces possibility of bond election
SHERMAN, Texas (KXII) - Debate over what Grayson County should do with its jail expansion intensified as the issue opened for public comment Tuesday at commissioners court.
“I want to make sure that everyone understands we have a plan,” said Grayson County Judge Bill Magers at the start of court. “I want to say that again. We have a plan.”
The plan to expand the jail in downtown Sherman received pushback during a public hearing.
“I would just like there to be a brief pause if possible,” said Sherman City Manager Robby Hefton.
Opponents are asking for more time to discuss other options for expansion, hopeful to relocate the jail to an entirely new location.
“Which would result in the largest tax increase in Grayson county history,” said Magers.
He added it could increase taxes by more than 40 percent.
“People do not want their taxes raised,” said Grayson County Commissioner Phyllis James. “Specifically, just to move the jail where you can put a restaurant or boutique.”
But the sheriff’s office said they can’t afford any interruptions.
“I don’t have time for a pause,” said Grayson County Sheriff Tom Watt. “I don’t have space. There are people laying on rubber mats around book in. I am perplexed how at the eleventh hour we could have this roadblock attempt for this pause.”
Commissioners said the current expansion project downtown is in the design phases.
They expect construction to begin in December, making more room for inmates five to seven years faster than if they relocated.
Although, they admit, at some point, they expect to set a long-term goal to relocate the jail.
“I am opposed to a relocation at this time, not ten to twelve to fifteen years from now,” said Grayson County Commissioner Jeff Whitmire.
But right now, they also said, the county needs to address its short-term goal: relieving overcrowding in the jail.
“Don’t try to rush a relocation in right now,” said Whitmire. “We have to do something now.”
One of the options commissioners said they’re debating is putting the relocation of the jail and justice center on a bond election in November, which would leave the choice in the hands of voters.
But they have three weeks to decide if it will be on the ballot or not, meaning the pause asked for in court Tuesday would have to be brief.
Copyright 2022 KXII. All rights reserved.
|
https://www.kxii.com/2022/07/26/disputes-over-grayson-county-jail-expansion-takes-commissioner-court-floor-faces-possibility-bond-election/
| 2022-07-27T00:15:02Z
|
ASHBURN, Va. (AP) — Washington Commanders assistant Jack Del Rio addressed the team to apologize for his comments about protests in the summer of 2020 and the Jan. 6 riot at the U.S. Capitol, coach Ron Rivera said Tuesday.
Rivera said Del Rio also met individually with some players to discuss his remarks last week, which drew a $100,000 fine from the team.
“He was very open, very forthright, very contrite and apologized and opened himself up to questions or opportunities for any players to come in and meet with him,” Rivera told reporters before the team’s first minicamp practice. “He’s already met with some of our players and talked to some of them about what was said. I’ve been told those meetings went very, very well. And so I’m very pleased with that.”
Del Rio apologized hours later for calling the deadly insurrection on Jan. 6, 2021 “a dust-up at the Capitol.” Rivera said the fine made it clear the organization would not tolerate equivalating the riot to the protests in the wake of the police killing of George Floyd.
Rivera said he and the team wanted to move on from the comments now to focus on football.
“I’m about reconciliation,” Rivera said. “We have to understand that when we do things like this, it impacts the community as well. We got to make sure the community understands that we understand and we get it. That’s important. So this was really about taking accountability and holding ourselves accountable, and then going forward and trying to reconcile with things.”
On the football side, wide receiver Terry McLaurin was absent from mandatory minicamp amid negotiations on a new contract. Rivera said last week he expected McLaurin and all players to attend.
“Terry’s a professional,” Rivera said. “I just believe it’s a matter of time getting this done. We want Terry here. We truly do. We respect who he is as a football player. We’re trying to get things worked out. But we would love to have Terry here.”
___
More AP NFL: https://apnews.com/hub/nfl and https://apnews.com/hub/pro-32 and https://twitter.com/AP_NFL
|
https://cw33.com/sports/ap-sports/rivera-del-rio-apologized-to-commanders-players-for-remarks/
| 2022-06-15T01:14:48Z
|
SHANGHAI and GAITHERSBURG, Md., June 15, 2022 /PRNewswire/ -- I-Mab (the "Company") (Nasdaq: IMAB), a clinical-stage biopharmaceutical company committed to the discovery, development, and commercialization of novel biologics, today announced two assets the Company has licensed from partner MorphoSys AG (FSE: MOR; NASDAQ: MOR), felzartamab (also known as TJ202/MOR202) and TJ210 (also known as MOR210), are advancing globally through new license agreements.
MorphoSys and Human Immunology Biosciences, Inc. (HIBio), a biotechnology company focused on developing precision medicines for autoimmune and inflammatory diseases, backed by ARCH Venture Partners and Monograph Capital, announced that the companies have entered into an equity participation agreement and license agreements to allow HIBio to develop and commercialize MorphoSys' felzartamab, an CD38 antibody, and TJ210, an C5aR1 antibody, outside of Greater China. Currently I-Mab is developing and commercializing felzartamab in Greater China and TJ210 in Greater China and South Korea.
Under the terms of the new agreements, HIBio will obtain exclusive rights to develop and commercialize felzartamab and TJ210 across all indications worldwide, excluding Greater China for felzartamab and Greater China and South Korea for TJ210.
"We have made significant progress in the development of felzartamab towards registration in China and we have brought TJ210 to the clinic in the United States. We are excited and look forward to working together with MorphoSys and HIBio to advance clinical development and commercialization of felzartamab and TJ210," said Dr. Andrew Zhu, President of I-Mab. "This brings us one step further in providing these innovative investigational medicines to China and other countries as soon as possible to benefit more patients."
Based on a licensing agreement between MorphoSys and I-Mab signed in November 2017, I-Mab owns the exclusive rights for development and commercialization of felzartamab in Greater China. MorphoSys and I-Mab entered into an exclusive strategic collaboration and licensing agreement to develop and commercialize TJ210 in November 2018. Under the terms of agreement, I-Mab obtained exclusive rights to develop and commercialize TJ210 in Greater China and South Korea, and share certain economics upon certain clinical milestones in the U.S. With the productive partnership with MorphoSys, I-Mab has completed felzartamab registrational trial for third-line multiple myeloma (MM) and advanced the Phase 3 trial for second-line MM in China. I-Mab is currently conducting Phase 1 clinical trial in U.S. for TJ210 in oncology indications.
About Felzartamab
Felzartamab (TJ202/MOR202) is an investigational human monoclonal antibody derived from MorphoSys' HuCAL® antibody technology. The antibody is directed against CD38 on the surface of multiple myeloma cells, which has been characterized as one of the most strongly and uniformly expressed antigens on the surface of malignant plasma cells. According to its suggested mode of action, the antibody recruits cells of the body's immune system to kill the tumor through antibody-dependent cellular cytotoxicity (ADCC) and antibody-dependent cellular phagocytosis (ADCP). The antibody does not involve complement dependent cytotoxicity, or CDC, an additional immune mechanism involved in tumor cell killing. Scientific research suggests that an anti-CD38 antibody may have therapeutic potential also in other cancers as well as autoimmune diseases. Based on a licensing agreement between MorphoSys and I-Mab signed in November 2017, I-Mab owns the exclusive rights for development and commercialization of TJ202/MOR202 in mainland China, Taiwan, Hong Kong and Macao.
HuCAL® is a registered trademark of MorphoSys AG.
About TJ210/MOR210
TJ210/MOR210 is a novel human antibody directed against C5aR1 derived from MorphoSys's HuCAL Platinum® technology. C5aR1, the receptor of the complement factor C5a, is investigated as a potential new drug target in the field of immuno-oncology and autoimmune diseases. Tumors have been shown to produce high amounts of C5a, which, by recruiting and activating myeloid-derived suppressor cells (MDSCs), M2 macrophages and neutrophils, is assumed to contribute to an immune-suppressive pro-tumorigenic microenvironment. TJ210/MOR210 is intended to block the interaction between C5a and its receptor, thereby potentially neutralizing the immune suppressive function of C5a and enabling immune cells to attack the tumor.
HuCAL Platinum® is a registered trademark of MorphoSys AG.
About I-Mab
I-Mab (Nasdaq: IMAB) is an innovation-driven global biopharma company focused on the discovery, development and commercialization of novel and highly differentiated biologics for immuno-oncology diseases. The Company's mission is to bring transformational medicines to patients around the world through innovation. I-Mab's globally competitive pipeline of more than 20 clinical and preclinical-stage drug candidates is driven by its internal discovery and global partnerships for in-licensing, based on the Company's Fast-to-Proof-of-Concept and Fast-to-Market development strategies. The Company is progressing from a clinical-stage biotech company into an innovative global specialty biopharmaceutical company with cutting-edge R&D capabilities, a world-class GMP manufacturing facility, and commercial capability. I-Mab has established its global footprint in Shanghai (headquarters), Beijing, Hangzhou, Guangzhou, Lishui and Hong Kong in China, and Maryland and San Diego in the United States. For more information, please visit http://www.i-mabbiopharma.com and follow I-Mab on LinkedIn, Twitter, and WeChat.
I-Mab Forward Looking Statements
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Among other things, the business outlook and quotations in this press release, as well as the statements regarding data from the felzartamab (TJ202/MOR202) and TJ210/MOR210 clinical trials, the potential implications of clinical data for patients, and I-Mab's advancement of, and anticipated clinical development, regulatory milestones and commercialization of felzartamab (TJ202/MOR202) and TJ210/MOR210, contain forward-looking statements. I-Mab may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about I-Mab's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Actual results may differ materially from those indicated in the forward-looking statements as a result of various important factors, including but not limited to I-Mab's ability to demonstrate the safety and efficacy of its drug candidates; the clinical results for its drug candidates, which may not support further development or NDA/BLA approval; the content and timing of decisions made by the relevant regulatory authorities regarding regulatory approval of I-Mab's drug candidates; I-Mab's ability to achieve commercial success for its drug candidates, if approved; I-Mab's ability to obtain and maintain protection of intellectual property for its technology and drugs; I-Mab's reliance on third parties to conduct drug development, manufacturing and other services; I-Mab's limited operating history and I-Mab's ability to obtain additional funding for operations and to complete the development and commercialization of its drug candidates; and the impact of the COVID-19 pandemic on the Company's clinical development, commercial and other operations, as well as those risks more fully discussed in the "Risk Factors" section in I-Mab's most recent annual report on Form 20-F, as well as discussions of potential risks, uncertainties, and other important factors in I-Mab's subsequent filings with the SEC. All forward-looking statements are based on information currently available to I-Mab, and I-Mab undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.
For more information, please contact:
I-Mab Contacts
Richard Yeh
Chief Operating Officer
IR@i-mabbiopharma.com
Gigi Feng
Chief Communications Officer
PR@i-mabbiopharma.com
Investor Inquiries
The Piacente Group, Inc.
Emilie Wu
E-mail: emilie@thepiacentegroup.com
Office line: +86 21 6039 8363
SOURCE I-Mab
|
https://www.wibw.com/prnewswire/2022/06/15/i-mab-partner-morphosys-announces-new-license-agreements-felzartamab-tj210/
| 2022-06-15T15:18:09Z
|
- 2023 Electrified Genesis G80 available in one configuration, starts at MSRP of $79,825
- Continues Genesis' path towards a fully electrified lineup by 2030, with availability of GV60 and Electrified G80 at select retailers in eight states starting in September, adding Arizona, Nevada, Utah, and Washington
- Genesis offers three years of 30-minute complimentary charging sessions at Electrify America locations
FOUNTAIN VALLEY, Calif., Aug. 25, 2022 /PRNewswire/ -- Today, Genesis announced U.S. pricing for its first electric executive sedan, the 2023 Electrified G80. Starting from an MSRP of $79,825, Electrified G80 continues Genesis' commitment towards a more sustainable future with the brand achieving a fully electrified lineup by 2030. Importantly, the brand announced the expansion of electric vehicle sales at select retailers located in four more states: Arizona, Nevada, Utah, and Washington beginning in September. Customers should contact their local retailer for details regarding availability.
"The Electrified G80 represents another important milestone as we continue on our journey to full electrification," said Claudia Marquez, chief operating officer of Genesis Motor North America. "We are pleased to offer our growing lineup of electric models to an expanded audience of consumers beginning next month as we commence EV sales at select retailers in Arizona, Nevada, Utah, and Washington."
Available in a single fully appointed configuration, the 2023 Electrified G80 delivers a bold new take on G80 design, paired to a refined driving experience. The exterior strikes a perfect balance of athleticism and elegance. The signature crest grille has evolved with a unique G-Matrix pattern incorporating an integrated charging port. Additional new features of the Electrified G80 include exclusive 19" wheels and a unique rear bumper execution. The interior continues a more sustainable eco-friendly leather and fabric along with available forged wood trim throughout the cabin
Electrified G80 brings a new exterior color option to the Genesis palette in Matira Blue and a new interior color with Dark Lagoon Green/Glacier White.
Safety is a top priority at Genesis, and the Electrified G80 comes equipped with the brand's Highway Driving Assist suite of safety and driver assistance features as standard equipment.
In conjunction with the arrival of GV60 in the U.S. market, and now the Electrified G80, Genesis Motor America in collaboration with Electrify America offers three years of 30-minute complimentary charging sessions from the date of vehicle purchase. Owners of the 2023 GV60 and Electrified G80 will have access to ultra-fast charging on Electrify America's coast-to-coast charging network and can seamlessly locate and access charging stations while on the road via the Genesis Connected Services and Electrify America mobile apps.
The 87.2kWh battery found in Electrified G80 is capable of Rapid Charging from 10-80% in 22 minutes when utilizing 350kW (800V) DC fast charging. Charging rate and time estimate varies based on several factors, including current battery charge level, output of the charging unit, vehicle and battery settings and outside temperature.
The Electrified G80 and GV60, the brand's electric SUV, are now available at select U.S. retailers in California, Connecticut, New Jersey, and New York. Beginning in September, both EV models will also be available at select retailers across four more states: Arizona, Nevada, Utah, and Washington.
The complete pricing and packaging summary may be found on the next page of this release.
2023 Genesis G80 Packaging Summary
Genesis Motor North America
At Genesis, we put the customer at the center of every decision we make. Genesis is a global automotive brand that delivers the highest standards of performance, design, safety, and innovation while looking towards a more sustainable future. Genesis designs customer experiences that go beyond products, embodying audacious, forward-thinking, and distinctly Korean characteristics within its unique Athletic Elegance design identity. With a growing range of award-winning models — including G70, G80, and G90 sedans, along with GV60, GV70, and GV80 SUVs — Genesis aims to lead the age of electrification, starting with its Electrified G80 and GV60 electric models. Genesis has stated its commitment to becoming an all-electric vehicle brand by 2030 and to pursuing carbon neutrality by 2035.
Please visit our media site for the latest news at www.genesisnewsusa.com (United States) and www.genesisnews.ca (Canada).
View original content to download multimedia:
SOURCE Genesis Motor America
|
https://www.wibw.com/prnewswire/2022/08/25/genesis-reveals-electrified-g80-us-pricing-expands-ev-sales-four-more-states/
| 2022-08-25T22:28:48Z
|
HOUSTON, Sept. 8, 2022 /PRNewswire/ -- KBR (NYSE: KBR) announced today it has been awarded a study to develop a carbon-neutral, green ammonia-based power system for a semi-submersible drilling unit owned by Odfjell.
KBR will collaborate with Odfjell, Equinor and Wärtsilä to assess conversion of the diesel generators on board drilling units to ammonia-fueled generators.
"We are excited to be a part of a collaborative effort that will fully integrate KBR's semisubmersible technology expertise, Wärtsilä's power systems, and Odfjell's and Equinor's operations capabilities, all to deliver a carbon-neutral solution," said Jay Ibrahim, president of KBR Sustainable Technology Solutions. "This project demonstrates the role ammonia can play in decarbonizing existing assets and achieving net-zero targets. We pride ourselves in driving positive change, innovation and improvement in key markets, and we are proud to support our customers across the industry in their transitions to cleaner fuel options."
KBR is a world-leading ammonia licensor and KBR's K-GreeN® technology produces carbon-free ammonia based on electrolysis of water. K-GreeN is a viable, renewable alternative to decarbonizing the maritime and shipping industries.
KBR has been supporting Equinor and Odfjell for more than three decades with marine technology, engineering and original semi-submersible designs.
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission-critical roles in 34 countries.
KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit www.kbr.com
The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the significant adverse impacts on economic and market conditions of the COVID-19 pandemic and the company's ability to respond to the resulting challenges and business disruption; the recent dislocation of the global energy market; the company's ability to manage its liquidity; the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; the possibility of cyber and malware attacks; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.
The company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that the company has identified that may affect its business, results of operations and financial condition. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
View original content to download multimedia:
SOURCE KBR, Inc.
|
https://www.wibw.com/prnewswire/2022/09/08/kbr-awarded-study-renewable-power-system-upgrade-using-green-ammonia-technology/
| 2022-09-08T21:44:42Z
|
NORTHLAKE, Texas and ARGYLE, Texas, July 12, 2022 /PRNewswire/ -- Hillwood Communities, a Perot Company, and BB Living, a leader in the build-to-rent (BTR) market, announced they are partnering on a single-family-rental (SFR) neighborhood within Harvest, an award-winning residential agrihood community located in Northlake and Argyle at I-35W and FM 407, just north of State Highway 114.
"Single-family for lease homes are in high demand," said Fred Balda, president of Hillwood Communities, the developer of Harvest. "This new product not only allows families who don't want home ownership, a chance to live in a great community like Harvest, they are a perfect solution for buyers in transition and relocation buyers new to the area. We teamed with BB Living for this new venture because they build a first-class product and experience that feels like an extension of our masterplan"
BB Living has partnered with Toll Brothers to expand the concept in over 30 communities nationwide, establishing themselves as the best-in-class, BTR builder and operator with over 5,000 homes spread across 10 markets. BB Living elevates the joy of master-planned living by simplifying life and offering unexpected and inspiring experiences.
BB Living will build 191 high quality homes in Harvest that range from 3 to 4 bedrooms and 1,800 to 2,500 square feet. Families will benefit from the existing amenities and award-winning lifestyle program. The company will also offer on-site management.
"We've been doing this for a decade now and have learned a lot of lessons," said Branden Lombardi, president of BB Living. "Our residents want a sense of community and Harvest is very intentional about delivering that. Renting was not always viewed as a good option, but we are changing that perception by delivering unique neighborhoods in great communities, resort-style amenities, superior locations and a focus on the resident experience.
Harvest is a tight-knit community with the ideal combination of hometown nostalgia and future-focused planning. Residents of the agrihood enjoy a commercial farm with orchards and gardens, an 11-acre lake, four pools, playgrounds, parks, miles of walking trails, a yoga lawn, workout facilities, event venues, and a dog park. Harvest's award-winning lifestyle program has become the standard that other programs are judged by with hundreds of events, gatherings, and activities each year and a full-time, on-site lifestyle team. Students in the single-family-rental neighborhood will attend Argyle ISD.
BB Living has designed all new floor plans for Harvest. Construction is underway and pre-leasing will begin in September of 2022.
For more information, please visit our websites at www.harvestbyhillwood.com/new-home/bb-living or www.bblivingatharvest.com.
Hillwood, a Perot company, is a premier commercial and residential real estate developer, investor and advisor of properties throughout North America and Europe. With a diverse portfolio of properties and home to many of the world's leading companies, Hillwood is committed to bringing long-term value to our customers, partners and the communities we serve.
Through its Communities division, Hillwood has delivered nearly 40,000 single-family lots in 103 master-planned communities across 13 states. These communities continue to raise the bar in terms of quality, innovation, and the unmistakable sense of community that sets each property apart. Before laying the physical groundwork for any new residential development, Hillwood Communities takes the time to focus on the ideals that draw people together — and the everyday interactions that strengthen those bonds. By purposefully designing its walkways, gathering spaces, and structural amenities to spark spontaneous encounters and foster shared interests, Hillwood Communities creates community in every sense. For more information, please visit www.hillwoodcommunities.com.
BB Living was among the first entrants developing purpose built single-family build to rent communities from the ground up, starting its first community in 2012. All BB Living homes are conventional single-family attached and detached homes, offering large three (3) and four (4) bedroom floor plans with attached two (2) car garages and highly desirable features. BB Living focuses on the most desirable locations, strong demographics, great schools, and proximity to major transportation corridors and employment hubs.
After successfully sourcing and building over 1,000 homes in Phoenix, BB Living partnered with Toll Brothers, Inc ("Toll") in 2019 to expand the build to rent strategy nationwide. Together, BB Living and Toll have established themselves as the best-in-class build to rent operator with +/- 30 communities owned/controlled, representing+/- 5,000 homes in 10 of the most desirable markets in the US.
BB Living has tailored its homes and communities to be the benchmark for a new standard of living that enriches people's lives and the communities they live in. For more information, please visit www.bbliving.com.
View original content to download multimedia:
SOURCE Hillwood Communities
|
https://www.mysuncoast.com/prnewswire/2022/07/12/hillwood-communities-partners-with-bb-living-single-family-rental-homes-harvest-argyle/
| 2022-07-12T22:08:14Z
|
NEW YORK, Aug. 24, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Co-Diagnostics, Inc..
Shareholders who purchased shares of CODX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of a class of all persons and entities who purchased the publicly traded securities of Co-Dx during the period of May 12, 2022 through the close of the market on August 11, 2022 (4:00 p.m. ET).
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) demand for the Company's Logix Smart™ COVID-19 test had plummeted throughout the quarter ended June 30, 2022, and (ii) as a result, defendants' positive statements about the demand for its Logix Smart™ COVID-19 test lacked a reasonable basis.
DEADLINE: October 17, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/co-diagnostics-inc-loss-submission-form-2/?id=31102&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CODX during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 17, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
|
https://www.kxii.com/prnewswire/2022/08/24/shareholder-alert-gross-law-firm-notifies-shareholders-co-diagnostics-inc-class-action-lawsuit-lead-plaintiff-deadline-october-17-2022-nyse-codx/
| 2022-08-24T18:43:15Z
|
NEW YORK, June 20, 2022 /PRNewswire/ -- Attention Verrica Pharmaceuticals, Inc. ("Verrica") (NASDAQ: VRCA) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 28, 2021 and May 24, 2022.
If you suffered a loss on your investment in Verrica, 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 Verrica includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) there were manufacturing deficiencies at the facility where Verrica's contract manufacturer produced a bulk solution for the Company's lead product candidate, VP-102; (2) these deficiencies were not remediated when Verrica resubmitted its New Drug Application for VP-12 for molluscum; (3) the foregoing presented significant risks to Verrica obtaining regulatory approval of VP-102 for molluscum; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: August 5, 2022
Aggrieved Verrica investors only have until August 5, 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
View original content:
SOURCE The Law Offices of Vincent Wong
|
https://www.kxii.com/prnewswire/2022/06/20/class-action-alert-law-offices-vincent-wong-remind-verrica-investors-lead-plaintiff-deadline-august-5-2022/
| 2022-06-20T10:28:47Z
|
The Pride Month Digital Video Greeting is available for free, June 1-30, and encourages consumers to show their pride and share their love
KANSAS CITY, Mo., June 1, 2022 /PRNewswire/ -- At a time to commemorate the impact of the LGBTQIA+ community, Hallmark Cards, Inc. is proud to celebrate Pride Month by offering a free Digital Video Greeting during the entire month of June. The innovative greeting option makes it easier than ever to create and send a personalized pride message, giving users a unique way to celebrate Pride Month with anyone, anywhere.
Built on a reputation of helping consumers live more caring and connected lives filled with meaningful moments, Hallmark regularly celebrates the LGBTQIA+ community with greeting cards, gifts and Hallmark Keepsake Ornaments. For Pride Month 2022, the offering expands as customers can visit www.Hallmark.com/Pride to create and send a free Pride Month Digital Video Greeting.
The greeting is fully customizable and allows individuals or groups to create a personalized message by adding text, music, photos and videos that show their pride, their way. Once created, individuals can instantly send the Pride Month Digital Video Greeting via text or email and share it on social media.
"Having in-store products for the LGBTQIA+ community – and now a dedicated Pride Month Digital Video Greeting – makes me feel seen and valued as a person," said Andy Adams, Hallmark's loyalty and local store marketing manager. Adams noted he's proud to work for a company that offers products representing him as a member of the LGBTQIA+ community. "Ongoing encouragement and recognition are important to not only ensure we are seen, but a valued part of society."
Inspired by the LGBTQIA+ community flags, the Pride Month Digital Video Greeting features 11 different rainbows in colors that represent each individual group's flag. The copy reads: "There's nothing more powerful than choosing to be yourself." Then, the updated pride flag appears to represent the community groups united, with text that reads "Here's to being unapologetically you."
"The message of owning who you are and being unapologetically yourself is an important and powerful motto – uniqueness makes the world better and more interesting," Adams said.
Hallmark's product team engaged the Hallmark Employees Reaching Equality LGBTQIA+ Employee Resource Group (HERE ERG) to gather feedback throughout the design process. More than 20 HERE group members contributed invaluable input that led to the final design. Jessie Lueck, Chair of Hallmark's LGBTQIA+ Employee Resource Group, has served on the leadership team for five years and said the development of the Pride Month Digital Video Greeting is one of her proudest moments to date.
"It's really worth bragging about this success story because it shows how our product teams collaborate with our Employee Resource Groups for feedback," Lueck said. "This project started a conversation about the importance of nuance and deeper understanding when creating sentiments for the wide diverse needs of our LGBTQIA+ consumers so we can move beyond stereotypes and surface-level sentiments to authentic, meaningful messages."
For more information about Pride Month at Hallmark, please visit www.hallmark.com/lgbtqia, and click here to create your free Pride Month Digital Video Greeting today.
About Hallmark
For more than 100 years, family-owned Hallmark Cards, Inc. has been dedicated to creating a more emotionally connected world. Headquartered in Kansas City, Missouri and employing 30,000 worldwide, the approximately $4 billion company operates a diversified portfolio of businesses. The Hallmark Global business sells greeting cards, gift wrap and related products in more than 30 languages with distribution in more than 100 countries and 100,000 rooftops worldwide, including about 2,000 Hallmark Gold Crown stores in five countries. Crayola® offers a wide range of art materials and creative play toys designed to spark children's creativity around the globe. Crown Media Family Networks operates three cable channels — Hallmark Channel, Hallmark Movies & Mysteries, and Hallmark Drama — in addition to Hallmark Publishing, a leading publisher of uplifting eBooks, audiobooks and print editions, and Hallmark Movies Now, a subscription-based streaming service. Crown Center is a real estate development company that manages the 85-acre hotel, office, entertainment and residential campus surrounding Hallmark's headquarters. For more information, visit Hallmark.com. Connect on Facebook, Twitter, Instagram, Pinterest, LinkedIn and YouTube.
View original content to download multimedia:
SOURCE Hallmark Cards, Inc.
|
https://www.kxii.com/prnewswire/2022/06/01/hallmark-celebrates-pride-month-by-offering-free-digital-video-greeting-throughout-june/
| 2022-06-01T12:04:50Z
|
Forbes Business Council Is an Invitation-Only Community for Successful Business Owners and Leaders
DALLAS, Aug. 25, 2022 /PRNewswire/ -- Mahisha Dellinger, Founder of CURLS – one of the most recognized natural hair care brands in North America, the textured hair aisle, and the multicultural community – has been accepted into the Forbes Business Council, the foremost growth and networking organization for successful business owners and leaders worldwide.
Mahisha Dellinger was vetted and selected by a review committee based on the depth and diversity of her experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors.
"We are honored to welcome Mahisha Dellinger into the community," said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Business Council. "Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world."
As an accepted member of the Council, Dellinger has access to a variety of exclusive opportunities designed to help her reach peak professional influence. She will connect and collaborate with other respected local leaders in a private forum and at members-only events. Dellinger will also be invited to work with a professional editorial team to share her expert insights in original business articles on Forbes.com, and to contribute to published Q&A panels alongside other experts.
Finally, Dellinger will benefit from exclusive access to vetted business service partners, membership-branded marketing collateral, and the high-touch support of the Forbes Councils member concierge team.
"I am honored to be a part of such a groundbreaking community of talented entrepreneurs, innovators and leaders in the business world," said Dellinger. "This year marks the 20th Anniversary Year of CURLS and I look forward to offering my knowledge and experience in building a longstanding, successful brand to provide value to my peers and fellow leaders on Forbes' prestigious Business Council."
Forbes Councils is a collective of invitation-only communities created in partnership with Forbes and the expert community builders who founded Young Entrepreneur Council (YEC). In Forbes Councils, exceptional business owners and leaders come together with the people and resources that can help them thrive.
To learn more about Forbes Councils, visit forbescouncils.com.
Founded in 2002 by Mahisha Dellinger, CURLS has developed into a leader in the haircare market, creating innovative natural hair care products and collections that cater to the diverse needs of curly and textured hair across all age groups. In addition to leading CURLS, Dellinger authored the memoir "Against All Odds: From the Projects to the Penthouse" and starred in "Mind Your Business with Mahisha" on the OWN network. Visit curls.com or follow us @CURLS on Instagram.
View original content to download multimedia:
SOURCE CURLS
|
https://www.wibw.com/prnewswire/2022/08/25/mahisha-dellinger-founder-leading-natural-hair-care-brand-curls-accepted-into-forbes-business-council/
| 2022-08-25T13:20:17Z
|
HARRISBURG, Pa. (AP) — Donald Trump on Saturday endorsed Doug Mastriano in Pennsylvania’s Republican primary for governor, siding with a far-right candidate who was outside the U.S. Capitol during the Jan. 6 insurrection and has worked doggedly to overturn the results of the 2020 presidential election.
Mastriano was already leading a crowded field of contenders despite running against the party establishment, and the former president’s endorsement puts him on even stronger footing heading into Tuesday’s primary.
But there are growing fears from party leaders that Mastriano, a state senator and retired U.S. Army colonel, is too extreme to beat Democrat Josh Shapiro in November’s general election and could drag down other Republicans competing in the pivotal state.
That includes a highly competitive U.S. Senate primary contest in which Trump is trying to lift his endorsed candidate, heart surgeon-turned-TV celebrity Mehmet Oz, to victory — against a rival with whom Mastriano is campaigning, setting up what could become an awkward situation.
Mastriano got on Trump’s radar by helping spread unsubstantiated claims from the former president and his allies that Democrats fraudulently stole the 2020 election for Joe Biden — something that Trump seized on in his endorsement statement.
“There is no one in Pennsylvania who has done more, or fought harder, for Election Integrity than State Senator Doug Mastriano,” Trump wrote. “He has revealed the Deceit, Corruption, and outright Theft of the 2020 Presidential Election, and will do something about it.”
Trump called Mastriano “a fighter like few others, and has been with me right from the beginning, and now I have an obligation to be with him.”
Besides campaigning with key figures in Trump’s circle who have spread lies about the last election, Mastriano also floated a plan to let state lawmakers wipe out that election result and make their own decision on which candidate should receive the state’s electoral votes.
As a result he was subpoenaed by the U.S. House committee investigating the Capitol riot on Jan. 6, 2021.
If elected, Mastriano has said he would take the extraordinary step of requiring voters to “re-register” to vote. “We’re going to start all over again,” he said during a debate last month.
Such a move is barred by the National Voter Registration Act and likely runs into significant protections under the federal — and possibly state — constitution and laws, constitutional law scholars say.
Trump was torn on the endorsement decision in the governor’s race.
Some allies desperately urged him to stay out of the race or to endorse a Mastriano rival, such as Lou Barletta, a former congressman who was the party’s Trump-endorsed nominee for U.S. Senate in 2018.
With Mastriano leading the nine-person primary field, party officials and conservative activists believed that votes for more electable establishment candidates are too splintered to head off his consolidation of far-right voters.
On Friday, Mastriano told former Trump adviser Steve Bannon’s online “War Room” broadcast that the Republican establishment “is panicking, I mean, literally wetting themselves” at the prospect that he will be the nominee.
At a campaign event Saturday in suburban Philadelphia, Mastriano told the crowd that no one could overtake him, even with the party’s help.
“With 45 coming out with his endorsement, they’re done, they’re finished,” Mastriano said, using a nickname for Trump, the 45th president. Mastriano claimed that he leads a “movement” that the left and “RINOs,” or Republicans in Name Only, are “terrified of.”
Mastriano has largely avoided speaking to independent news organizations, including The Associated Press, and has barred reporters from his campaign events, including Saturday’s, which was livestreamed.
Barletta has spent the past few days accumulating establishment endorsements, including from members of Congress. He has avoided criticizing Mastriano by name, other than trying to make the case that he is the most electable candidate in the primary.
On Saturday, he maintained that he could still beat Mastriano.
“I look forward to having President Trump’s endorsement Wednesday morning,” Barletta wrote.
Republicans worry in particular that Mastriano is too toxic to win moderate voters in the heavily populated suburbs of Philadelphia and Pittsburgh in November. Critics fear he will endanger down-ballot GOP candidates with a lackluster top-of-the-ticket turnout.
Republicans have been shut out of the governor’s office in Pennsylvania since 2014 under Democratic Gov. Tom Wolf, who is barred by term limits from running again.
Trump’s top focus in Pennsylvania has been the Senate primary, where his endorsed candidate, celebrity heart surgeon Mehmet Oz, is seen as vulnerable.
In many cases, rank-and-file Republican voters, conservative activists and pro-Trump hard-liners have refused to back Oz just because Trump does.
Some allies had tried to convince the former president that backing Mastriano would hurt Oz because Mastriano has closely aligned and campaigned with one of Oz’s rivals, Kathy Barnette.
But as Trump worries about Oz’s chances, endorsing Mastriano is seen as a means to protect his ego, providing a likely win if Oz ends up losing.
On Saturday, Barnette spoke at Mastriano’s campaign event. She and Mastriano have endorsed each other and campaigned together numerous times.
“It would almost appear that the former president is starting to believe that Barnette is going to win,” said Vince Galko, a Pennsylvania-based Republican campaign strategist.
Mastriano, elected to the state Senate three years ago, first gained a following by leading anti-shutdown rallies during the early months of the pandemic, then became one of Trump’s most dedicated supporters during the 2020 campaign.
In online “fireside chats” with supporters after the election, he boasted of speaking with Trump at least 15 times as he worked with Trump to try to overturn the election result. He later organized bus trips to the U.S. Capitol for Trump’s Jan. 6 “Stop the Steal” rally, where he was seen in footage with his wife passing through breached barricades set up by Capitol Police.
Last May, he claimed on a radio show that Trump had “ asked me ” to run for governor.
In the weeks after that, he attempted to launch an Arizona-style partisan “audit” of the 2020 election — only to be stripped of his committee chairmanship by state Senate GOP leadership in a dispute over financing it and hiring contractors.
__
Associated Press writer Jill Colvin in New York contributed to this report.
|
https://cw33.com/news/politics/ap-politics/trump-backs-mastriano-in-pennsylvania-gop-governor-primary/
| 2022-05-15T06:05:11Z
|
Missing juvenile in Bradenton
Published: Sep. 1, 2022 at 5:48 PM EDT|Updated: 9 minutes ago
BRADENTON, Fla. (WWSB) - The Bradenton Police Department is looking for Traivan Ortez Whitfield who is 16 and ran away from his home.
He was last seen in the 1800 block of Martin Luther King Ave East in Bradenton on Monday, August 29.
Traivan is 5′4″, approximately 100 lbs., and was last seen wearing an orange and turquoise shirt, blue jeans, and Tommy Hilfiger flip flops.
Please call Bradenton PD with information that will help bring Traivan home at 941-932-9300.
Copyright 2022 WWSB. All rights reserved.
|
https://www.mysuncoast.com/2022/09/01/missing-juvenile-bradenton/
| 2022-09-01T21:58:27Z
|
Company's in-market investment grows as it reaches 50,000 locations, introduces localized brand and serves more than 9 million Brazilians through the Wi-Fi Brasil program
SAO PAULO, July 27, 2022 /PRNewswire/ -- Viasat, Inc. (NASDAQ: VSAT), a global communications company, has reached the 50,000 sites mark in Brazil, helping to close the country's digital gap through the provision of high-speed satellite internet across the country. This achievement, combined with the introduction of its Brazil brand, further fuels Viasat's in-market commitment and investment. The company, operating in Brazil since 2018, has become the first internet service provider (ISP) to offer residential connectivity in 100% of the country.
Internet via satellite can reach more remote regions even where other ISPs cannot, creating economic opportunities for businesses and communities that previously did not have access to reliable and high-quality internet.
Viasat's Internet services have also enabled people to work remotely from their homes, access online entertainment, stay in touch with their loved ones, and more, even in regions far from commercial centers. The company's portfolio of internet services offered in Brazil includes residential, business and the Federal Government's Wi-Fi Brasil program in partnership with Telebras.
Viasat's impact across Brazil: In partnership with Telebras, through the SGDC-1 satellite Viasat has connected government agencies and millions of students through the Wi-Fi Brasil program resulting in more than 20,000 internet access points, including 10,000 points located in rural and indigenous schools, health posts, public service facilities, non-profit organizations and more. As a result, more than five million students who previously lacked internet in these rural schools and indigenous communities can now benefit from online access. Together, Viasat, Telebras and the Wi-Fi Brasil program have boosted the social and digital inclusion of more than nine million Brazilians through internet access points installed in 3,055 cities.
"Surpassing 50,000 sites since becoming Brazil's first and only nationwide residential internet service provider 18 months ago is a testament of our growth in the Brazilian market. To further drive our commitment across Brazil, we are also introducing a localized Viasat brand that includes more vibrant colors which reflects the essence of Brazilian culture. These achievements combined with our collaboration with Telebras and the Wi-Fi Brasil program demonstrate our investment across Brazil to help reduce the country's digital gap and create economic opportunities by providing many Brazilians with the ability to use the internet, many for the first time," says Leandro Gaunszer, Managing Director of Viasat Brazil.
While Viasat's customers are located throughout the country, 33% of its customers are in the Northeast, followed by 25% in the North and 21% in the Southeast. In terms of consumption habits, 27% of Viasat customers are using its satellite internet service to access and send messages on social networks such as WhatsApp, Facebook and Tik Tok, followed by 21% of customers using the service to access video and streaming services including YouTube and Netflix. Finally, 16% of customers use Viasat's service for browsing.
About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. For 35 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat's Corporate Blog, or follow the Company on social media: Facebook, Instagram, LinkedIn, Twitter or YouTube.
To learn more about Viasat internet service offerings in Brazil, call 0800 948 9010 or visit www.viasat.com.br.
Forward-Looking Statements
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward-looking statements include statements that refer to the expected capabilities and benefits of the ViaSat-3 satellite constellation including more speed, data and streaming; and the pricing, coverage, benefits, speed, quality and other performance and plan features of Viasat residential internet in Brazil. Readers are cautioned that actual results could differ materially and adversely from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: risks associated with the construction, launch and operation of Viasat's satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; risks associated with the operation of the SGDC-1 satellite, including the effect of any anomaly, operational failure or degradation in satellite performance; the ability to successfully implement Viasat's business plan for broadband satellite services on Viasat's anticipated timeline for all; contractual problems, or other issues with our sales, fulfillment and support partner; product defects, manufacturing issues or delays, regulatory issues; technologies that do not perform according to expectations; Viasat's ability to realize the anticipated benefits of its satellite platforms; and increased competition and other factors affecting the connectivity sector, generally. In addition, please refer to the risk factors contained in Viasat's SEC filings available at www.sec.gov, including Viasat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.
Copyright © 2022 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.
View original content:
SOURCE Viasat, Inc.
|
https://www.kxii.com/prnewswire/2022/07/27/viasats-satellite-internet-helps-reduce-brazils-digital-gap/
| 2022-07-27T12:44:27Z
|
SHIJIAZHUANG, China, July 7, 2022 /PRNewswire/ -- On July 6, the Summit Forum on Research and Innovation Transformation on TCM Collateral Disease was held in Yiling Pharmaceutical, Shijiazhuang City, Hebei Province, China. Academicians Zhang Boli, Wu Yiling, as well as renowned experts and scholars gathered together to have carried on in-depth exchanges on the important achievements made in the inheritance, innovation, and transformation of the Collateral Disease Theory.
On the Forum, Academician Zhang Boli pointed out that the Collateral Disease Theory is an important achievement in the modern research of TCM. Under the guidance of the Collateral Disease Theory, collateral-dredging drugs have been developed, and a series of strict evidence-based medicine trials have been conducted, proving the drugs' excellent curative effects.
A total of 13 innovative patented Chinese medicines have been developed by Yiling Pharmaceutical, covering six major diseases fields of cardiovascular and cerebrovascular diseases, diabetes, respiratory diseases, tumors, neurological diseases, and urological diseases. Hundreds of millions of people benefit every year.
Since the outbreak of the Covid-19, Lianhua Qingwen has played an important role in the pandemic prevention and control worldwide. Up to present, it has obtained registration approvals from nearly 30 countries and regions worldwide, and the registration applications are underway in more than 30 countries. It has been approved for the indications of COVID-19 in Kuwait, Mongolia and Laos; selected for the white list of anti-epidemic drugs issued by the Ministry of Health of Uzbekistan; approved into the designated hospitals for COVID-19 in Thailand and Cambodia, and selected for the home treatment protocol for patients with mild COVID-19 by the Ministry of Health of Cambodia, which is the first time for Chinese drugs to be selected for the treatment protocol of COVID-19 in overseas countries.
Other products like Tongxinluo Capsules and Yangzheng Xiaoji Capsules etc. have also been registered and on sale in South Korea, Vietnam, Canada, Singapore, and Indonesia. Tongxinluo Capsules has entered the national medical insurance catalog of Vietnam.
Notably, the establishment ceremony of the Anti-Aging Center of the State Key Laboratory of Research on Collateral Diseases and Innovative TCM was also held. With the most advanced anti-aging equipment in the world, this Center has conducted a series of comprehensive trials on the anti-aging drug Bazi Bushen Capsules developed by Yiling Pharmaceutical, which has been proved to have protruding efficacy on overall aging, systemic aging, and aging-related diseases.
View original content to download multimedia:
SOURCE Yiling Pharmaceutical
|
https://www.wibw.com/prnewswire/2022/07/07/summit-forum-collateral-disease-held-shijiazhuang-china/
| 2022-07-07T09:26:49Z
|
(KDVR) – Imagine leaving your job decades ago, but still getting paid huge sums of money each year.
That’s exactly what life is like for former New York Mets player Bobby Bonilla.
Bonilla retired from Major League Baseball in 2001, but more than 20 years later, the 59-year-old is still banking $1.19 million every July 1 — a day baseball fans refer to as “Bobby Bonilla Day.”
Thanks to an agreement he made with the Mets in 2000, Bonilla earns $1,193,248.20 each year until 2035, when he’ll be 72 years old. That’s more than some of baseball’s young stars will make in a year.
But why do the Mets still pay Bonilla?
In 2000, the Mets agreed to buy out Bonilla’s contract, negotiating to defer payment of the remaining $5.9 million at 8% interest until 2011, at which point he would earn annual installments of nearly $1.2 million each year, ESPN reported. In total, Bonilla will earn $29.8 million by July 1, 2035.
Why would the Mets agree to such a deal? According to ESPN, the then-owners of the team believed their money could be put to better use by investing with Bernie Madoff — for real — and making a profitable annual return which would negate the 8% they promised Bonilla.
The Mets have taken some flak for the infamous deal over the years, but current Mets owner Steven Cohen doesn’t seem too sore about it.
“I hope everybody is enjoying my favorite day of the year, Bobby Bonilla Day,” Cohen tweeted Friday morning.
When Bonilla signed his five-year, $29 million contract with the Mets in 1991, he became the highest-paid National League player at the time. He left the team after the 1995 season but returned in 1999.
Bonilla last played in the majors in 2001, when he signed with the St. Louis Cardinals. Plagued by injuries, he played his final game in October 2001.
|
https://cw33.com/news/nexstar-media-wire/its-bobby-bonilla-day-mets-pay-retired-outfielder-1-19m-again/
| 2022-07-01T15:08:32Z
|
S&T BANCORP, INC. ANNOUNCES SECOND QUARTER 2022 NET INCOME
Published: Jul. 21, 2022 at 6:30 AM CDT|Updated: 1 hour ago
INDIANA, Pa., July 21, 2022 /PRNewswire/ -- S&T Bancorp, Inc. (S&T) (NASDAQ: STBA), the holding company for S&T Bank, with operations in five markets including Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio and Upstate New York, announced net income of $28.9 million, or $0.74 per diluted share, for the second quarter of 2022 compared to net income of $29.1 million, or $0.74 per diluted share, for the first quarter of 2022 and net income of $28.4 million, or $0.72 per diluted share, for the second quarter of 2021.
Second Quarter of 2022 Highlights:
Return on average assets (ROA) of 1.25%, return on average equity (ROE) of 9.83% and return on average tangible equity (ROTE) (non-GAAP) of 14.63%.
Pre-provision net revenue to average assets (PPNR) (non-GAAP) of 1.71%.
Net interest income increased $7.5 million, or 11%, and NIM (FTE) (Non-GAAP) increased 40 basis points compared to the first quarter of 2022.
Strong consumer loan growth of $111.7 million, or 27.5% annualized, compared to March 31, 2022.
Nonperforming assets decreased $20.7 million, or 34.8%, compared to March 31, 2022.
S&T's Board of Directors approved a $0.30 per share dividend compared to $0.28 per share in the same period last year.
"Our performance was strong this quarter with significant growth in net interest income and net interest margin. We also saw significant improvement in our nonperforming assets with a decline of nearly 35% from the first quarter and a 66% decline from a year ago," said Chris McComish, chief executive officer. "We are extremely proud to be recently named by Forbes as a Best-In-State Bank especially on the heels of our recognition by J.D. Power as the highest in overall customer satisfaction with retail banking in the Pennsylvania region. Both awards are an honor and a true reflection of our dedicated employees and the trust our customers have placed in us to help meet their financial needs."
Net Interest Income
Net interest income increased $7.5 million, or 11%, to $75.2 million for the second quarter of 2022 compared to $67.7 million for the first quarter of 2022. The increase in net interest income was primarily due to higher interest rates in the second quarter. The yield on total average loans increased 34 basis points compared to the first quarter of 2022 while the cost of total interest-bearing deposits remained unchanged at 0.14%. Net interest margin on a fully taxable equivalent basis (NIM) (FTE) (non-GAAP) increased 40 basis points to 3.56% compared to 3.16% in the prior quarter.
Asset Quality
Total nonperforming assets decreased $20.7 million, or 34.8%, to $38.8 million at June 30, 2022. The decrease primarily related to the resolution of a $9.9 million commercial and industrial, or C&I, relationship and additional loan pay-offs. Significant progress has been made in reducing nonperforming assets over the past year with a reduction of $74.9 million, or 65.9%, since June 30, 2021. Nonperforming assets to total loans plus other real estate owned, or OREO, decreased 30 basis points to 0.55% at June 30, 2022 compared to 0.85% at March 31, 2022 and 1.62% at June 30, 2021. Net loan charge-offs were $3.0 million for the second quarter of 2022 compared to net loan recoveries of $2.0 million in the first quarter of 2022. Gross loan charge-offs of $7.7 million were offset by recoveries of $4.7 million during the second quarter of 2022. The C&I relationship previously mentioned resulted in a $5.5 million charge-off which was offset by a $3.9 million C&I recovery from a relationship that was charged off in 2019. The provision for credit losses was $3.2 million for the second quarter of 2022 compared to negative $0.5 million in the first quarter of 2022. The negative provision in the first quarter of 2022 was mainly due to the net recovery of $2.0 million. The allowance for credit losses was 1.39% of total portfolio loans as of June 30, 2022 compared to 1.43% at March 31, 2022.
Noninterest Income and Expense
Noninterest income decreased $2.6 million to $12.6 million in the second quarter of 2022 compared to $15.2 million in the first quarter of 2022. Other income decreased $1.9 million primarily related to the decline in the fair value of the assets in a nonqualified benefit plan and a $0.5 million gain on sale of OREO in the first quarter of 2022. Mortgage banking income decreased $0.5 million due to a shift in the volume of loans sold to loans held in the portfolio. Noninterest expense increased $1.0 million to $48.4 million for the second quarter of 2022 compared to $47.4 million in the first quarter of 2022 mainly due to an increase of $1.1 million in salaries and employee benefits related to higher incentives and medical expense offset by a decline in the fair value of the liability in a nonqualified benefit plan. Professional services and legal increased $0.4 million related to various consulting engagements during the second quarter of 2022.
Financial Condition
Total assets were $9.1 billion at June 30, 2022 compared to $9.4 billion at March 31, 2022. The decrease in total assets related to a $479.1 million decline in cash balances which was mainly due to a decrease in total deposits and an increase in loans. Total portfolio loans excluding, Paycheck Protection Program, or PPP, increased by $107.2 million, or 6.2% annualized, compared to March 31, 2022. The consumer loan portfolio grew $111.7 million, or 27.5% annualized, with strong growth in both residential mortgages and home equity compared to March 31, 2022. Noninterest-bearing demand deposits were stable at $2.7 billion compared to March 31, 2022. Interest-bearing deposits declined $344.7 million compared to March 31, 2022. The decline in interest-bearing deposits was concentrated in higher balance, rate sensitive customer accounts. During the second quarter of 2022, 151,220 common shares were repurchased at a total cost of $4.2 million, or an average of $27.46 per share. S&T continues to maintain a strong regulatory capital position with all capital ratios above the well-capitalized thresholds of federal bank regulatory agencies.
Dividend
S&T's Board of Directors approved a $0.30 per share cash dividend on July 18, 2022. This dividend compares to a $0.28 per share dividend declared in the same period in the prior year. The dividend is payable August 18, 2022 to shareholders of record on August 4, 2022.
Conference Call
S&T will host its second quarter 2022 earnings conference call live over the Internet at 1:00 p.m. ET on Thursday, July 21, 2022. To access the webcast, go to S&T's webpage at www.stbancorp.com and click on "Events & Presentations." Select "2nd Quarter 2022 Earnings Conference Call" and follow the instructions. After the live presentation, the webcast will be archived on this website for at least 90 days. A replay of the call will also be available until July 28, 2022, by dialing 1.877.481.4010; the Conference ID is 45770.
About S&T Bancorp, Inc. and S&T Bank
S&T Bancorp, Inc. is a $9.1 billion bank holding company that is headquartered in Indiana, Pennsylvania and trades on the NASDAQ Global Select Market under the symbol STBA. Its principal subsidiary, S&T Bank, was established in 1902 and operates in five markets including Western Pennsylvania, Eastern Pennsylvania, Northeast Ohio, Central Ohio and Upstate New York. S&T Bank was recently named by Forbes as a 2022 Best-in-State Bank. S&T Bank also received the highest ranking in customer satisfaction for retail banking in the Pennsylvania region by J.D. Power*. For more information visit stbancorp.com or stbank.com. Follow us on Facebook, Instagram and LinkedIn.
*S&T Bank received the highest score in Pennsylvania in the J.D. Power 2022 U.S. Retail Banking Satisfaction Study of customers' satisfaction with their primary bank. Visit jdpower.com/awards for more details.
This information contains or incorporates statements that we believe are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally relate to our financial condition, results of operations, plans, objectives, outlook for earnings, revenues, expenses, capital and liquidity levels and ratios, asset levels, asset quality, financial position and other matters regarding or affecting S&T and its future business and operations. Forward-looking statements are typically identified by words or phrases such as "will likely result," "expect," "anticipate," "estimate," "forecast," "project," "intend," "believe," "assume," "strategy," "trend," "plan," "outlook," "outcome," "continue," "remain," "potential," "opportunity," "comfortable," "current," "position," "maintain," "sustain," "seek," "achieve," and variations of such words and similar expressions, or future or conditional verbs such as will, would, should, could or may. Although we believe the assumptions upon which these forward-looking statements are based are reasonable, any of these assumptions could prove to be inaccurate and the forward-looking statements based on these assumptions could be incorrect. The matters discussed in these forward-looking statements are subject to various risks, uncertainties and other factors that could cause actual results and trends to differ materially from those made, projected, or implied in or by the forward-looking statements depending on a variety of uncertainties or other factors including, but not limited to: credit losses and the credit risk of our commercial and consumer loan products; changes in the level of charge-offs and changes in estimates of the adequacy of the allowance for credit losses; cyber-security concerns; rapid technological developments and changes; operational risks or risk management failures by us or critical third parties, including fraud risk; our ability to manage our reputational risks; sensitivity to the interest rate environment including a prolonged period of low interest rates, a rapid increase in interest rates or a change in the shape of the yield curve; a change in spreads on interest-earning assets and interest-bearing liabilities; the transition from LIBOR as a reference rate; regulatory supervision and oversight, including changes in regulatory capital requirements and our ability to address those requirements; unanticipated changes in our liquidity position; changes in accounting policies, practices or guidance; legislation affecting the financial services industry as a whole, and S&T, in particular; the outcome of pending and future litigation and governmental proceedings; increasing price and product/service competition; the ability to continue to introduce competitive new products and services on a timely, cost-effective basis; managing our internal growth and acquisitions; the possibility that the anticipated benefits from acquisitions, cannot be fully realized in a timely manner or at all, or that integrating the acquired operations will be more difficult, disruptive or costly than anticipated; containing costs and expenses; reliance on significant customer relationships; an interruption or cessation of an important service by a third-party provider; our ability to attract and retain talented executives and employees; our ability to successfully manage our CEO transition; general economic or business conditions, including the strength of regional economic conditions in our market area; the duration and severity of the coronavirus ("COVID-19") pandemic, both in our principal area of operations and nationally, including the ultimate impact of the pandemic on the economy generally and on our operations; our participation in the Paycheck Protection Program; deterioration of the housing market and reduced demand for mortgages; deterioration in the overall macroeconomic conditions or the state of the banking industry that could warrant further analysis of the carrying value of goodwill and could result in an adjustment to its carrying value resulting in a non-cash charge to net income; the stability of our core deposit base and access to contingency funding; re-emergence of turbulence in significant portions of the global financial and real estate markets that could impact our performance, both directly, by affecting our revenues and the value of our assets and liabilities, and indirectly, by affecting the economy generally and access to capital in the amounts, at the times and on the terms required to support our future businesses.
Many of these factors, as well as other factors, are described in our Annual Report on Form 10-K for the year ended December 31, 2021, including Part I, Item 1A-"Risk Factors" and any of our subsequent filings with the SEC. Forward-looking statements are based on beliefs and assumptions using information available at the time the statements are made. We caution you not to unduly rely on forward-looking statements because the assumptions, beliefs, expectations and projections about future events may, and often do, differ materially from actual results. Any forward-looking statement speaks only as to the date on which it is made, and we undertake no obligation to update any forward-looking statement to reflect developments occurring after the statement is made.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
|
https://www.kxii.com/prnewswire/2022/07/21/sampt-bancorp-inc-announces-second-quarter-2022-net-income/
| 2022-07-21T12:57:51Z
|
Governor signs ‘sales tax holiday’ package; gas, diapers, essential items becoming tax-free
TALLAHASSEE, Fla. (WWSB/Gray News) - Florida Gov. Ron DeSantis signed a package on Friday that will give residents a series of sales tax “holidays.”
WWSB reports the tax breaks will be on items like school clothes, hurricane supplies, tools and a suspension of the state gas tax in October.
Tax package HB 7071 was passed by the Legislature in March and is said to reduce state and local revenues by $804.3 million during the upcoming fiscal year.
Officials said the package will eliminate taxes during the 2022-2023 fiscal year on baby clothes, diapers, children’s books, Energy Star appliances, impact-resistant doors and windows, new mobile homes and admissions to Formula One Grand Prix races and the Daytona 500.
“This bill comes at an opportune time, as families grapple with the rising costs of everyday expenses like gas, food and clothing,” said Department of Children and Families Secretary Shevaun Harris. “I know that every penny saved counts.”
State leaders touted that the election-year package would help consumers.
“The tax relief you’re going to see are going to be breaks for really critical needs, like gas, diapers, disaster supplies, tools for skilled trades, recreational activities, you name it,” DeSantis said. “And, so, families are going to be able to save for things that really matter to them.”
DeSantis, whose youngest child is 2-years-old, highlighted the tax breaks for diapers and baby clothes during a bill-signing ceremony at Sam’s Club in Ocala, Florida. The ceremony included a stack of Huggies diapers and several families.
While most of the tax breaks will not take effect until July 1 or later, two parts will start this month.
A sales-tax exemption on children’s books will run from May 14 to Aug. 14. Also, a tax holiday will start on May 28 on hurricane supplies.
Officials said shoppers would be able to avoid paying sales taxes on an array of items, from packages of batteries and radios under $50 to generators up to $1,000. The hurricane-season holiday for the first time, will include pet supplies.
The second tax holiday will be for what lawmakers have dubbed “Freedom Week,” which will run from July 1 through July 7. Shoppers will be able to avoid paying sales taxes on such things as tickets for concerts, movies, ballgames, museum visits and select outdoor gear.
A back-to-school tax holiday will start July 25 and last through Aug. 7. Shoppers will be able to avoid paying sales taxes on clothes and shoes that cost $100 or less, school supplies that cost $50 or less and personal computers with price tags of $1,500 or less.
Economists estimate the holiday’s impact to total $100.1 million.
In the month before voters go to the polls for the November elections, they also will get a break at the gas pump. The package includes suspending a .25-cent gas tax per gallon in October.
“There are certain things when you have inflation that you can maybe dial back, certain entertainment, whatever, people can make decisions with their family budget,” DeSantis said. “You can’t just not get to your job. So, you’ve got to fill up your gas tank.”
Agriculture Commissioner Nikki Fried, a Democratic candidate for governor, issued a statement Friday that said many of the tax breaks were aided by federal stimulus money.
“This tax relief package was made possible by the American Rescue Plan, which provided Florida with more than $10 billion in federal funds,” Fried said.
Officials said parents are projected to see savings of $74.7 million by not having to pay sales taxes on clothes and shoes for toddlers and another $35.7 million on the costs of diapers.
Copyright 2022 WWSB via Gray Media Group, Inc. All rights reserved.
|
https://www.kxii.com/2022/05/07/governor-signs-sales-tax-holiday-package-gas-diapers-essential-items-becoming-tax-free/
| 2022-05-07T17:16:00Z
|
THOUSAND OAKS, Calif., April 22, 2022 /PRNewswire/ -- Amgen (NASDAQ:AMGN) today announced that it will report its first quarter financial results on Wednesday, April 27, 2022, after the close of the U.S. financial markets. The announcement will be followed by a conference call with the investment community at 2:00 p.m. PT. Participating in the call from Amgen will be Robert A. Bradway, chairman and chief executive officer, and other members of Amgen's senior management team.
Live audio of the conference call will be simultaneously broadcast over the internet and will be available to members of the news media, investors and the general public.
The webcast, as with other selected presentations regarding developments in Amgen's business given by management at certain investor and medical conferences, can be found on Amgen's website, www.amgen.com, under Investors. Information regarding presentation times, webcast availability and webcast links are noted on Amgen's Investor Relations Events Calendar. The webcast will be archived and available for replay for at least 90 days after the event.
About Amgen
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential.
Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average and is also part of the Nasdaq-100 index. In 2021, Amgen was named one of the 25 World's Best Workplaces™ by Fortune and Great Place to Work™ and one of the 100 most sustainable companies in the world by Barron's.
For more information, visit www.amgen.com and follow us on www.twitter.com/amgen.
CONTACT: Amgen, Thousand Oaks
Megan Fox, 805-447-1423 (media)
Jessica Akopyan, 805-447-0974 (media)
Arvind Sood, 805-447-1060 (investors)
View original content to download multimedia:
SOURCE Amgen
|
https://www.kxii.com/prnewswire/2022/04/22/amgen-announces-webcast-2022-first-quarter-financial-results/
| 2022-04-22T23:49:00Z
|
5 tips for finding the best prices while shopping online
Online shopping has become ingrained into daily life, especially with the increased ease of making purchases with a single click.
To ensure you’re getting the most bang for your buck, Giving Assistant collected five recommendations that can help shoppers save money before making online purchases. These tips were curated with in-depth research using sources from across the internet.
Nearly 215 million Americans—roughly 77% of the U.S. population—shop online as of June 2022, and eMarkerter forecasts that number to exceed 230 million by 2026. Retail e-commerce sales in the United States hit $250 billion during the first quarter of 2022, according to U.S. Census Bureau estimations. That’s up 2.4% from the fourth quarter of 2021. E-commerce sales not only make up 14.3% of the total U.S. retail market, consumer spending on e-commerce in the U.S. is expected to hit $1 trillion in 2022.
The COVID-19 pandemic also caused a spike in online shopping, as people stayed at home and out of stores. Stay-at-home orders and general anxiety around in-person shopping drove massive growth in e-commerce that outpaced projections within the industry. Given the amount shoppers tend to spend online, it’s equally important to find the best deals. Keep reading to discover five good tips for saving money while shopping online.
Shop around on different websites
As simple as it sounds, comparing the prices of products can save shoppers quite a chunk of change. By comparing the same product on different websites, it will most likely be found cheaper in certain online stores. To begin comparing prices, manufacturers’ sites may suggest retailers and visiting individual store websites where an item is sold works.
Use incognito mode
Cookies and browsing history can impact dynamic pricing. This is likely one of the most overlooked factors affecting product pricing for online shoppers.
Geographic segmentation is a marketing tactic in which prices are affected based on a buyer’s location. Globally, pricing is not the same. This affects the prices of several online products, even airline tickets. Using incognito mode or a virtual private network means websites won’t have access to cookies or a shopper’s browsing history, securing online transactions in addition to saving a shopper money.
Sign up for coupons with different email addresses
Using coupons is a no-brainer in terms of saving. Signing up for coupons with different Gmail addresses, however, is a commonly overlooked tactic.
To make matters easier, consider including the “+” “.” hack to use the same email multiple times when retrieving coupons. For example, if your email is onlineshopper@gmail.com, you could easily put onlineshopper+mailinglists@gmail.com. This gives you more control over your inbox and makes it more convenient to filter recipients. Don’t have a Gmail account? Check with your provider for a similar function.
Wait for sales by subscribing to mailing lists
Visit any number of retailers’ sites to browse or shop and no doubt you’ll be asked to provide your email address to get instant savings. Provide the address, check your inbox, and apply those savings to your first purchase.
Subsequent emails from those companies will alert you to everyday and special occasion deals and sales. Online shoppers are privy to the latest and greatest products via these promotional emails.
Join loyalty rewards programs
Eighty-six percent of online shoppers in the United States were members of at least one loyalty rewards program in the third quarter of 2021, according to The Forrester Wave: Loyalty Service Providers. A loyalty rewards program keeps customers coming back to businesses to earn their rewards. It’s a win-win.
Rewards that can be easily managed and are offered for more than just making purchases—birthday or anniversary rewards, for example—are meaningful. Some of the highly rated programs have been from retailers such as Nike, Starbucks, Lowe’s, and Ulta Beauty, to name a few.
This story originally appeared on Giving Assistant and was produced and distributed in partnership with Stacker Studio.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
|
https://www.mysuncoast.com/2022/07/05/5-tips-finding-best-prices-while-shopping-online/
| 2022-07-05T19:24:56Z
|
White House COVID-19 response team to discuss vaccines for young children
(Gray News) - The White House COVID-19 response team and federal public health officials will hold a press briefing Tuesday to provide an update on the COVID-19 vaccines available for children younger than 5 years old.
Participants in the briefing include Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and chief medical advisor to the president, Dr. Ashish Jha, White House COVID-19 response coordinator, and Dr. Rochelle Walensky, director of the Centers for Disease Control and Prevention.
The Food and Drug Administration approved the Moderna and Pfizer vaccines for young children on Friday, with the CDC signing off on them on Saturday.
The administration is rolling out the shots to sites across the nation, with some sites receiving shots this weekend to inoculate the roughly 18 million youngsters eligible, the Associated Press reported.
Copyright 2022 Gray Media Group, Inc. All rights reserved.
|
https://www.mysuncoast.com/2022/06/21/white-house-covid-19-response-team-discuss-vaccines-young-children/
| 2022-06-21T13:56:52Z
|
Program improving electric grid resilience expected to be the largest electric vehicle smart charging program in the U.S.
SAN FRANCISCO, Aug. 31, 2022 /PRNewswire/ -- WeaveGrid, a software company that builds data products to enable increased adoption of electric vehicles, announced the launch of evPulse, a new pilot program available to eligible Northern and Central California electricity customers who are electric vehicle (EV) drivers. evPulse optimizes EV charging and helps increase EV driver preparedness in communities that may experience power outages due to weather, wildfire risk, or other emergencies.
The evPulse pilot program, which WeaveGrid is implementing on behalf of Pacific Gas and Electric Company (PG&E), is focused on improving grid resiliency and enabling customers to save money by opting into automated EV charging during "smart times" — when electricity costs are lowest and when energy from renewable resources is often more abundant. As a member of Elemental Excelerator's Cohort X, WeaveGrid received funding to support this pilot program.
The evPulse pilot program targets enrolling 8,000 - 16,000 eligible EV drivers and is expected to be the largest program of its kind in the United States. WeaveGrid will leverage vehicle telematics to automate charging schedules, incorporating factors like customer preferences, utility rates, and electricity grid needs. Customer participation in the program will help the grid become more reliable and resilient and play a key role in shaping the future of EV charging.
"WeaveGrid is thrilled to be supporting this groundbreaking, innovative pilot program focused on grid resilience and smart EV charging. We believe our technology can enhance the relationship between the utility and their customers by creating an excellent experience for EV drivers," Apoorv Bhargava, Co-Founder & CEO of WeaveGrid
Customers in eligible zip codes will be invited to enroll in a data insights or smart charging program. Participating PG&E customers will receive a Recommended Charging Schedule along with access to a personalized dashboard that will show optimal charging times to help EV drivers make smarter daily charging decisions. WeaveGrid helps pilot participants prepare for potential outages and Public Safety Power Shutoff (PSPS) events with text alerts. A PSPS event may occur in response to potential extreme wind-driven weather conditions in order to mitigate wildfire risk. Pilot participants will also receive $50 for joining and up to $100 more for continued participation.
Administered through PG&E, the evPulse pilot program is implemented by WeaveGrid as part of PG&E's 2021 Low Carbon Fuel Standards (LCFS) Implementation Plan to fulfill the resiliency requirement. Eligible EV and plug-in hybrid EV (PHEV) makes include Tesla, Toyota, Lexus, Hyundai, and Kia. To participate, PG&E customers must either be in a Tier 2 or 3 High Fire-Threat District as defined by the California Public Utilities Commission Fire Map, or have been impacted by a Public Safety Power Shutoff event in the last five years. Customers are able to enroll in the pilot program this Summer and Fall.
For more information, visit https://join.pge.ev-pulse.com.
WeaveGrid is a software company building data products to enable the electric transportation transition. The SaaS company's platform connects a growing wave of electric vehicles to an electric grid that was not designed to support the high power needs of widespread charging. WeaveGrid uses cutting edge data science and optimization to bring value to all stakeholders in this transition, including utilities, automakers, and drivers. For more information, visit www.weavegrid.com
Elemental Excelerator is on a mission to redesign the systems at the root of climate change. Elemental fills two gaps that are fundamental to addressing climate change with the urgency required by funding first-of-a-kind projects for climate technologies in real communities and embedding equity and access into everything climate-related. Since launching in 2009, Elemental has invested in over 130 growth-stage companies and celebrated more than 20 exits, funded more than 100 technology projects, and built a platform for scaling equitable, market-driven solutions to climate change. To learn more or find out how your organization can get involved with Elemental, visit elementalexcelerator.com.
View original content:
SOURCE WeaveGrid
|
https://www.wibw.com/prnewswire/2022/08/31/weavegrid-launches-evpulse-northern-central-california-based-ev-drivers/
| 2022-08-31T13:31:13Z
|
Pure Grit BBQ, a new fast-casual women owned and led restaurant, creates barbecue food made for all at their first location in Manhattan
NEW YORK, May 17, 2022 /PRNewswire/ -- Pure Grit BBQ, the famed plant-based barbecue brand that has been selling its BBQ sauces and rubs since 2020, opens its first storefront in the heart of New York City, located at 36 Lexington Avenue today, May 17. Pure Grit BBQ celebrates the flavors of classic barbecue dishes with their unique twist, prioritizing inclusivity with a menu designed for all barbecue lovers.
Foodies can enjoy Pure Grit BBQ's variety of plant-based dishes, which are also gluten-free. Menu highlights include their signature Cornbread Waffles that come with every BBQ plate ($18-19) but can be purchased as a side dish ($6), Smoked Main Plates including Impossible Cut, Daring Plant-based Chicken, Mushrooms, and Tofu as well as traditional sides like Coleslaw, Baked Beans, Potato Salad and Waffle Fries. You can also count on Pure Grit BBQ's fan favorite Mac + Cheese served with Shiitake Bacon and Almond Parmesan ($12). The menu also features sandwiches, salads ($15-18) and the Pure Grit BBQ Kitchen Sink Cookie ($4.50) packed with barbecue potato chips, chocolate chips and pretzels, which is sure to be an instant sweet and salty classic. Pure Grit BBQ's full menu is listed here.
"Pure Grit BBQ's concept is simple, BBQ for all. Our mission is to create a homey dining experience that brings everyone to the table, no matter their dietary philosophy," said Kerry Fitzmaurice, Founder of Pure Grit BBQ. "We are all on our own food journey, and Pure Grit BBQ allows everyone to enjoy barbecue; because to us barbecue is more than food, it is a community."
The Pure Grit BBQ concept was born following a trip to Austin where Fitzmaurice experienced Texas's infamous barbecue scene but noticed that there were no vegan options and realized that plant-based cuisine needed to be a part of the conversation. Upon returning to New York City, Fitzmaurice confided in colleague and now business partner Jenny Mauric of her desire to bring plant-based barbecue to New York City, and Pure Grit BBQ was born. The duo collaborated with vegan chef Nikki King Bennett most recently featured in the Netflix series "Bad Vegan" on perfecting the sides, and nationally-renowned Pitmaster Daniel Jacobellis of Top Gun BBQ to ensure the authenticity of barbecue in every dish. They also joined forces with "Hell's Kitchen" finalist and plant-based chef Emily Hersh in 2021 to helm the kitchen and perfect the menu.
In addition to prioritizing the food and restaurant experience, the team also puts a focus on sustainability, reducing waste as much as possible with optimized recipes, composting, compostable packaging, recycling and more. Pure Grit BBQ even partnered with sustainable fashion brand Canava for uniforms and merchandise.
Pure Grit BBQ is open 11 am - 9 pm Tuesdays - Saturdays and 11 am - 8 pm Sundays, with pricing starting at $5 for sides and up to $30 for loaded plates. The storefront offers 18 seats inside and two picnic benches outside. The eatery has a cookshack smoker that will cook up its delicious menu items. This location will offer pickup and first party delivery as well as catering for gatherings large and small. Third party deliver will launch later this summer.
For more information, visit www.puregritbbq.com and follow @puregritbbq on Instagram and TikTok for updates in real time.
About Pure Grit BBQ:
Pure Grit BBQ serves up delicious vegan BBQ with fresh spins on your BBQ favorites. Pure Grit is not about imitation, it's about serving up good food that says exactly what it is. You'll find everything from alternative proteins to whole plants. Everything is smoked in-house and prepared with the brand's signature sauces and rub which are also available for sale along with their branded merchandise. The concept is fast-casual BBQ FOR ALL with the mission to invite as many people to the table as possible. They invite you to pull up a chair and stay for a while.
Media Contacts:
Grace Connor / Daniella Colletti
puregritbbq@interdependence.com
View original content to download multimedia:
SOURCE Pure Grit BBQ
|
https://www.kxii.com/prnewswire/2022/05/17/pure-grit-bbq-new-vegan-barbecue-concept-is-now-open-new-york-city/
| 2022-05-17T10:16:56Z
|
Stern's Biggest SDCC to Date with New Booth, Return of the Pop-Up Arcade and Brand New Partners: the Nerdist, Toho, Rebellion Republic, Ozzy Osbourne and MORE!
CHICAGO, July 14, 2022 /PRNewswire/ -- Stern Pinball, Inc., announces the company's triumphant return to San Diego Comic-Con International. Making its biggest SDCC splash yet, Stern will be unveiling a new booth (#3721), exciting new partnerships, and of course its beloved Pop-up Arcade at the Marriott Marquis.
New booth partner, Rebellion Republic will be bringing its world-class music merchandise to the Con, and together with Stern will be hosting living legend and rock god Ozzy Osbourne and comic book artist Todd McFarlane. The pair will be unveiling new artwork and a special edition comic by McFarlane for Osbourne's highly anticipated album Patient Number 9. Just announced this week, both Osbourne and McFarlane will be doing signings at the Stern booth to celebrate this momentous collab. Stay tuned for the signing schedule and your chance to purchase SDCC exclusive merch.
Returning this year, the Stern Pinball Pop-up Arcade will include all of the latest Stern Pinball machines featuring the award-winning Insider Connected platform. Both casual and series players are encouraged to stop by the Pop-up Arcade to hang out, relax, earn achievements, high scores and enjoy endless hours of free pinball play. Registration for Insider Connected is available at insider.sternpinball.com/. Players can register at a connected game by scanning a QR code or at the Stern Pinball website. Once a player registers, they are issued a unique QR Code that can be used to identify that player at any connected Stern pinball machine anywhere in the world. When a player logs into the machine, they can track progress, earn new game specific achievements, engage with the player community, and participate in promotions and Challenge Quests.
New to the arcade this year will be special guest booths with partners the Nerdist and Toho. Nerdist is your leading source for the latest pop culture news and a welcoming space to geek out about the many things that we love. The media company will be setting up shop in Stern's Pop-up Arcade for the entirety of the Con. Expect to see live tapings of Nerdist News, interviews with celebrity guests, and more.
Toho Company, Limited, is a Japanese entertainment studio focused on the development, production, exhibition, and distribution of powerful live action and animated content including motion pictures, television, and theater. In 1954, the studio released the iconic film "Godzilla," giving birth to one of cinema's most enduring and celebrated icons loved by fans across the globe.
Come find Stern Pinball on the show floor at booth #3721 or stop by the Pop-up Arcade at the Marriott Marquis.
Stern Pinball, Inc. is a global lifestyle brand based on the iconic and outrageously fun modern American game of pinball. Headquartered minutes from Chicago's O'Hare International Airport in the heart of North America, the company creates, designs, engineers, manufactures, markets, and distributes a full line of technologically advanced terrestrial and digital pinball games, parts, accessories, and merchandise. Stern Pinball serves digital, consumer, commercial, and corporate markets around the globe.
Recent Stern Pinball titles include Rush, Godzilla, The Mandalorian, Led Zeppelin, Avengers: Infinity Quest, Teenage Mutant Ninja Turtles, Stranger Things, Elvira's House of Horrors, Jurassic Park, Black Knight: Sword of Rage, The Munsters, The Beatles, Deadpool, Iron Maiden, Guardians of the Galaxy, Star Wars, Aerosmith, Ghostbusters, KISS, Metallica, Game of Thrones, The Walking Dead, Star Trek, AC/DC, Batman, and Spider-Man. A broad range of players enjoy Stern Pinball's games from professional pinball players who compete in high-stakes competitions around the globe to novice players who are discovering the allure of the silver ball for the first time. To join the fun and learn more, please visit www.sternpinball.com.
CONTACT: stern@rebelliouspr.com
View original content to download multimedia:
SOURCE Stern Pinball, Inc.
|
https://www.wibw.com/prnewswire/2022/07/14/stern-pinball-announces-return-san-diego-comic-con-international-2022/
| 2022-07-14T14:39:24Z
|
Work Leads to New Theory on Cause of Alzheimer's disease
NEW YORK, Sept. 14, 2022 /PRNewswire/ -- An emerging field explores how groups of molecules condense together inside cells, the way oil droplets assemble and separate from water in a vinaigrette.
In human cells, "liquid-liquid phase separation" occurs because similar, large molecules glom together into dense droplets separated from the more diluted parts of the fluid cell interior. Past work had suggested that evolution harnessed the natural formation of these "condensates" to organize cells, providing, for instance, isolated spaces for the building of cellular machines.
Furthermore, abnormal, condensed – also called "tangled" – groups of molecules in droplets are nearly always present in the cells of patients with neurodegenerative conditions, including Alzheimer's disease. While no one knows why such condensates form, one new theory argues that the biophysical properties of cell interiors change as people age – driven in part by "molecular crowding" that packs more molecules into the same spaces to affect phase separation.
Researchers compare condensates to microprocessors, computers built into circuits, because both recognize and calculate responses based on incoming information. Despite the suspected impact of physical changes on liquid processors, the field has struggled to clarify the mechanisms connecting phase separation, condensate formation, and computation based on chemical signals, which occur at much smaller scale, researchers say. This is because natural condensates have so many functions that experiments struggle to delineate them.
To address this challenge, researchers at NYU Grossman School of Medicine and the German Center for Neurodegenerative Diseases built an artificial system that revealed how the formation of condensates changes the action at the molecular level of enzymes called kinases, an example of chemical computation. Kinases are protein switches that influence cellular processes by phosphorylating – attaching a molecule called a phosphate group – to target molecules.
The new analysis, published online September 14 in Molecular Cell, found that the formation of engineered condensates during phase separation offered more "sticky" regions where medically important kinases and their targets could interact and trigger phosphorylation signals.
"Our study results show that physical changes like crowding can drive condensate formation that is converted into biochemical signals, as if condensates were squishy computers," says lead study author Liam Holt, PhD, associate professor in the Institute for Systems Genetics at NYU Langone Health.
Among the study kinases seen to be more active in a crowded, condensed environment was Cyclin Dependent Kinase 2, known to phosphorylate the microtubule-binding protein Tau. Tangled condensates of Tau are found frequently in the brain cells of patients with Alzheimer's disease.
"Our experiments suggest that formation of more Tau condensates drives more Tau phosphorylation," adds Holt, also faculty in the Department of Biochemistry and Molecular Pharmacology. "Whether these mechanisms lead to more brain cell death, and whether reversing them could be a new treatment approach, will be important questions in our upcoming work."
Specifically, the study found that when Tau and Cyclin Dependent kinase condensed together into dense droplets, there was a three-fold acceleration of a phosphorylation at a group of sites on Tau (the AT8 epitope) linked to Alzheimer's disease.
Engineering a Biosensor
In seeking to engineer useful versions of these computers, the research team tested several artificial condensates, synthesizing different scaffold molecules to see which best pulled sample kinases – MAPK3, Fus3, and Cyclin-dependent Kinase 1 (Cdk1) – together with their targets to increase signaling. Condensates form as scaffold molecules mesh together within droplets. The team found that, in their model, the gathering of large biomolecules into droplets inside one-celled living organisms called yeast made phosphorylation reactions hundreds of times faster.
The study also found that condensate formation let the included kinases phosphorylate more kinds of molecules, and without the presence of the molecular shapes usually required. This suggests that condensates in crowded cells create altered computation types, some potentially disease-related.
Moving forward, the research team seeks to build on a past study in Holt's lab, which found that a protein complex called mTORC1 controls molecular crowding by determining the number of ribosomes, "machines" that build other large proteins in cells. The team plans to study whether compounds known to inhibit mTORC1 can reduce crowding and Tau phosphorylation.
Finally, the researchers also hope that their findings advance the design of other cellular computers that react to physical forces. This could include the introduction of engineered processors into immune cells that – to attack cancer cells – would be turned on as they sought to squeeze into tissue made dense by growing tumors.
Along with Holt, authors of the study from the Institute of Systems Genetics at NYU Langone Health were Dajun Sang and Tong Shu. Also study authors were Christian Pantoja, Alain Ibanez de Opakua, and Markus Zweckstetter of the German Center for Neurodegenerative Diseases (DZNE), Göttingen, Germany. Zweckstetter is also faculty at the Max Planck Institute for Multidisciplinary Sciences, Department of NMR-based Structural Biology.
The study was funded by National Institutes of Health grants R01 GM132447, R37 CA240765, and TR01 NS127186. Also supporting the work were the American Cancer Society, the Pershing Square Sohn Cancer Award, the Chan Zuckerberg Initiative, the Department of Defense Multidisciplinary University Research Initiative (MURI) competition, the Deutsche Akademischer Austauschdienst (DAAD), and the European Research Council.
Contact:
Gregory Williams
gregory.williams@nyulangone.org
View original content to download multimedia:
SOURCE NYU Langone Health
|
https://www.kxii.com/prnewswire/2022/09/14/dense-liquid-droplets-act-cellular-computers/
| 2022-09-14T17:34:21Z
|
RADNOR, Pa. , July 6, 2022 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Oscar Health, Inc. (Oscar) (NYSE: OSCR). The action charges Oscar with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of Oscar's materially misleading statements to the public, Oscar investors have suffered significant losses.
CLICK HERE TO SUBMIT YOUR OSCAR LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/new-cases/oscar-health-inc?utm_source=PR&utm_medium=link&utm_campaign=oscar_health&utm_campaign=oscr&mktm=r
TO VIEW OUR VIDEO, PLEASE CLICK HERE
LEAD PLAINTIFF DEADLINE: JULY 11, 2022
CLASS PERIOD: PURSUANT AND/OR TRACEABLE TO OSCAR'S MARCH 2021 IPO THROUGH MAY 12, 2022
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. (484) 270-1453 or Toll Free (844) 887-9500 or Email at info@ktmc.com
Kessler Topaz is one of the world's foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
In March, 2021, Oscar conducted its IPO, selling 36,391,946 shares of Class A common stock at a price of $39.00 per share. Oscar received net proceeds of approximately $1.3 billion from the IPO.
On August 12, 2021, Oscar disclosed that its Medical Loss Ratio (MLR) for the second quarter of 2021 was 82.4%, an increase of 2170 basis points year-over year, claiming that the increase was primarily driven by meaningfully lower utilization in 2Q20 as a result of COVID-19, as well as higher COVID-19 testing and treatment costs. Oscar also disclosed that its net loss for the quarter was $73.1 million, an increase of $32.1 million year-over-year.
Then, on November 10, 2021, Oscar disclosed that its third quarter 2021 MLR increased 920 basis points year-over-year, to 99.7%. Oscar claimed, again, that the MLR increase was primarily driven by higher net COVID costs, as well as several other purported reasons. Oscar also disclosed that its net loss for the quarter was $212.7 million, an increase of $133.6 million year-over-year.
Following this news, Oscar's share price fell $4.05 per share, or 24.5%, to close at $12.47 per share on November 11, 2021. At the time of the filing of the complaint, Oscar stock has traded as low as $5.76 per share, a more than 85% decline from the $39.00 per share IPO price.
Oscar investors may, no later than July 11, 2022 seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member. Kessler Topaz Meltzer & Check, LLP encourages Oscar investors who have suffered significant losses to contact the firm directly to acquire more information.
CLICK HERE TO SIGN UP FOR THE CASE
A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
View original content to download multimedia:
SOURCE Kessler Topaz Meltzer & Check, LLP
|
https://www.kxii.com/prnewswire/2022/07/06/kessler-topaz-meltzer-amp-check-llp-announces-securities-fraud-class-action-lawsuit-filed-against-oscar-health-inc-oscr-encourages-investors-with-significant-losses-contact-firm/
| 2022-07-07T00:07:43Z
|
NEW YORK, June 27, 2022 /PRNewswire/ -- Attention Unilever PLC ("Unilever") (NYSE: UL) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of all persons who purchased or otherwise acquired Unilever American Depositary Receipts between September 2, 2020 and July 21, 2021, inclusive.
If you suffered a loss on your investment in Unilever, contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Unilever includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: a) in July 2020, the board of Ben & Jerry's, one of Unilever's marquee brands, passed a resolution to end sales of its ice cream in "Occupied Palestinian Territory" ; and b) this boycott decision risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states.
DEADLINE: August 15, 2022
Aggrieved Unilever investors only have until August 15, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
View original content:
SOURCE The Law Offices of Vincent Wong
|
https://www.kxii.com/prnewswire/2022/06/27/class-action-alert-law-offices-vincent-wong-remind-unilever-investors-lead-plaintiff-deadline-august-15-2022/
| 2022-06-27T22:13:07Z
|
Letter to the editor: Elon Musk's purchase of Twitter will let more voices be heard
Why is the First Amendment so important? Because it protects our fundamental freedom to believe and express different ideas, in a variety of ways, from being infringed upon by the government.
Recently, Elon Musk bought Twitter. Twitter is not part of the federal government. Twitter is nothing more than a social media site. Twitter has the authority to set guidelines. It can regulate what it'll allow on its platform just like the comment section used here at the Canton Repository has guidelines to what can be posted.
Those who violate the terms have no First Amendment protection as neither Twitter or the Repository are government sites. They — Twitter, and the Repository — are their own governing bodies and those choosing to use them must adhere to their rules/guidelines.
Musk buying Twitter has caused a bit of a stir.
Some voices from the left have ranged from a few melodramatic promises by some washed-up liberal celebrities to move out of the country — which makes no real sense because you can use Twitter anywhere — to those screaming it is the end of our democracy.
What Musk buying Twitter will probably do is level the playing field allowing for more voices to be heard from without fear of being shut down by biased regulations or arbitrary acts based on political ideologies.
This is what all the hype is about, and the voices screaming in dissent of Musk's purchasing Twitter seem scared of facing a level playing field while the side now looking at an official voice giving them free rein to communicate equally with their political opponents are ... optimistic.
Either way the sky is not falling, and worlds are not colliding.
Mark Amey, Massillon
|
https://www.cantonrep.com/story/opinion/2022/05/05/letter-editor-elon-musks-twitter-let-more-voices-heard/9627943002/
| 2022-05-05T13:13:11Z
|
The long struggle to bring a supermarket to a nearly all-Black Buffalo neighborhood
By Nathaniel Meyersohn, CNN Business
In August of 2001, more than 100 people gathered on the East Side of Buffalo, New York.
The setting, an empty lot in a nearly all-Black neighborhood of this upstate New York city, drew prominent visitors. They included Hillary Clinton and Chuck Schumer, the two US senators from the state at the time; Anthony Masiello, then the mayor of Buffalo; Byron Brown, the current mayor of the city; and other officials.
The 90-minute event featured 18 speakers and was described as “Buffalo’s longest-ever news conference.”
The group was there to announce that Tops Friendly Markets, a leading Northeast grocery chain, would be built on the site — located where an A&P supermarket stood in the 1960s when the neighborhood was a hub of economic activity for Buffalo’s Black community.
The announcement marked the culmination of more than a decade of activism by community advocates and others to address food inequities on Buffalo’s East Side and open a major supermarket in the area.
“The wait for a full-service supermarket has been long and painful for residents of the East Side,” a Buffalo News editorial said at the time. “The fact that more than 113,000 residents have been without a full-service supermarket is unacceptable.”
Tops opened to the public two years later, in 2003.
Last Saturday, nearly 20 years after it opened, Tops stood as the lone supermarket in the heart of Black Buffalo when a White supremacist entered the store and killed 10 people and injured three more, almost all of them Black.
The attack struck at a symbol of hard-won progress for the East Side, where 85% of the city’s Black residents live. The area is scarred by a legacy of racial segregation, economic and political neglect, dilapidated housing and other barriers. Buffalo remains one of the most segregated cities in America.
Tops “was an institution we fought for. It didn’t just end up there,” said Henry Louis Taylor Jr., the director of the University at Buffalo’s Center for Urban Studies and a historian of race and class. “We used our political power and clout to make it happen. It represented a significant venture against food apartheid.”
The attack also highlighted the lack of access to high-quality, fresh food for Black residents in Buffalo, who are six times more likely than White residents to live in an area without a grocery store, according to a 2018 report by the Partnership for the Public Good, a Buffalo Niagara community-based think tank.
This gap in grocery store access, which some describe as “supermarket redlining,” exists along racial lines nationally, too.
The rise of supermarkets in America closely mirrored the creation of the suburbs. As many White residents left cities during the second half of the 20th century, supermarkets boomed. In the 1980s, top grocery chains merged and the industry consolidated, resulting in fewer stores in major cities. Even today, supermarket chains have been reluctant to expand in minority neighborhoods. Some elected officials and experts claim that’s in part because of stereotypes of these communities as poor and crime-ridden.
Today, on average, in the 50 largest US metro areas, roughly 17.7% of predominantly Black neighborhoods had limited access to supermarkets, compared to 7.6% of largely White neighborhoods, according to a 2020 analysis conducted for CNN Business by the Reinvestment Fund, a nonprofit community development organization.
The racial disparities persisted across the income ladder, according to the analysis, which used a combination of 2016 supermarket location and Census data.
‘Heart and soul of Black Buffalo’
The Masten neighborhood around Tops supermarket on Jefferson Avenue has both a painful and rich history.
During the 1920s and 1930s, the city’s small Black population was concentrated here because of bank redlining and housing discrimination. As the Black population grew in Buffalo, the East Side expanded and Jefferson Avenue became a commercial corridor.
“The high cost of housing in other parts of the city caused Blacks to be stuck in place,” Taylor said. “Blacks could afford to live only in low-rent districts,” mainly on the East Side.
During the mid-20th century, the Jefferson Avenue stretch became the economic engine of Buffalo’s Black community, with businesses, restaurants, clothing stores, banks, and jazz and night clubs.
Jefferson Avenue was within walking distance of War Memorial Stadium, the former home of the Buffalo Bills NFL team, and pioneering establishments like Wings N’ Things, one of America’s first chicken wing shops that helped popularize Buffalo wings.
The neighborhood was the “heart and soul of Black Buffalo” following the second wave of Great Migration after World War II, said Taylor.
Buffalo’s Black population swelled by 75,000 from 1940 to 1970. At the same time, White residents began leaving Buffalo for the suburbs. Buffalo began a long economic decline around the 1950s as the population shrank, factories shuttered and stores closed.
“The urban landscape began to change to benefit suburbanites,” the Partnership for the Public Good report said.
One such example was the Kensington Expressway, completed in 1971 just blocks away from the future Tops location. The highway cut through the East Side, razing Humboldt Parkway, a tree-lined boulevard that connected its park system, and split the community in half. It displaced residents, forced businesses to close and led to pollution and other damaging health effects.
Another consequence of Buffalo’s population decline was that grocery stores closed on the East Side, including chains such as A&P, Bells, Super Duper and Acme Markets.
“The city didn’t see the need to deal with the issues of food security inside of the African American community,” said Taylor. “It wasn’t until Blacks begin to rise in political power in the 1990s that they acquired enough cachet in the development of these stores.”
Our Market
Despite growing frustration among Black residents about the lack of healthy food options, it was a struggle to recruit a major supermarket to open in the neighborhood.
“It was a Herculean task,” said Antoine Thompson, who represented the Masten district as a member of the Buffalo Common Council from 2001 to 2007. “We were reaching out to any and everybody to bring a supermarket into the inner-city area.”
Officials met with representatives of chains and drove them around the city without success. Wegmans had recently opened a location on the West Side, but leaders couldn’t get it to the East Side.
“It’s always a struggle getting some of these major brands in these inner-city areas,” Thompson said.
A separate effort to start a community-owned supermarket called Our Market also began. The group’s goal was to create a co-op that would be entirely owned by local residents, who would pay $25 in fees a year for a membership.
Although the co-op didn’t come to fruition, the board of directors of Our Market pressed the issue of food access. Grass roots leaders held community meetings and commissioned a study to highlight the business opportunity in the area.
These advocates “put the issue of shopping apartheid in Buffalo on the public agenda and kept it there throughout the late 1990s,” a Buffalo News reporter wrote at the time. “If it weren’t for them,” Tops wouldn’t have broken ground on a new supermarket.
Tops, which was then owned by Dutch grocery giant Ahold, received $1.5 million in taxpayer dollars to help finance the project and $1.5 million in state, county and federal grants — a large incentive package for a grocery project.
The store was smaller than many Tops in other areas of Buffalo, frustrating some in the community. When it opened, along with a pharmacy, a bank and a cafe in the store, it was seen as a boost to local jobs, employing 100 people, including a Black manager named Virgil Hamm Jr. Around 25% of the construction work had been awarded to minority-owned firms.
“This is one of the first stores I’ve been in where the community has taken complete ownership of what’s going on with the store,” Hamm said a year later. “It’s been said over and over by our customers, that ‘We’re glad you’re here.'”
‘Community success and empowerment’
The opening of Tops did not usher in a new era for Black residents on Buffalo’s East Side, as some hoped it would.
“Most Blacks live on Buffalo’s East Side, and conditions are getting worse in many of those neighborhoods,” found a comprehensive study led by Taylor released last year on the “State of Black Buffalo.” “The fate of Black Buffalo remains tied to East Side development.”
A number of economic indicators, including health, housing, income and education, showed little improvement and, in some cases, declined on the city’s East Side over the past 30 years, the report found.
One such measure that stagnated was access to grocery stores.
In Buffalo, there are 51 areas that have limited access to supermarkets, the 2018 Partnership for the Public Good report found. All of them are located on the East Side.
That stands in stark contrast to the more affluent western part of the city and the suburbs, where Wegmans, Whole Foods, and other national chains dot the area.
But the opening of Tops almost two decades ago represented a symbol of persistence for Black residents in East Buffalo and served as a lifeline for shoppers with few other options for healthy food.
“It symbolized hope and possibility,” Taylor said.
Antoine Thompson, the former councilmember, still keeps a plaque Tops gave out to commemorate the store opening in 2003 in his office.
We got behind this market and we made sure it was first class,” he said. The plaque is “a reminder of community success and empowerment.”
Tops said Wednesday it’s committed to re-opening the store as soon as it can and will put together a team to consider “rebuilding and repairing the store for the community” as soon as possible.
Thompson hopes the supermarket will be larger than it was before.
“I pray that this brings more attention to the fact that we need to expand that store,” he said. “We need to have significant investment in that strip.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
|
https://localnews8.com/money/cnn-business-consumer/2022/05/19/the-long-struggle-to-bring-a-supermarket-to-a-nearly-all-black-buffalo-neighborhood/
| 2022-05-19T19:01:20Z
|
ANNOUNCEMENT COMES AS US NEWS AND WORLD REPORT RANKS SIX ALLIANCE SCHOOLS IN THE TOP 100 PUBLIC HIGH SCHOOLS IN CALIFORNIA
Alliance is actively hiring dedicated educators for the upcoming school year
LOS ANGELES, June 9, 2022 /PRNewswire/ -- Alliance College-Ready Public Schools announced today that for the upcoming school year, total teacher compensation will increase on average by $14,000 for current Alliance teachers. This comes as Alliance continues to deepen its commitment to support educators. Despite one of the most tumultuous years on record and amidst a national teacher shortage, an incredible 90% of Alliance educators are returning for the 2022-23 school year.
"The number of teachers returning next year is a testament to how Alliance supports its educators. The pandemic only exacerbated the demands on educators everywhere. This is particularly true for schools that serve communities most impacted by COVID-19 as we do here at Alliance. Teachers are the backbone of our schools' success and impact – this marked increase in compensation is one of the ways we continue to communicate that our people matter," said Pablo Cesar Villavicencio, CEO of Alliance. "We already are a leader in providing teachers with strong compensation packages and supportive conditions to set educators up for success, and we will continue to do everything possible to ensure that our people across Alliance receive the pay and support they deserve. This teacher increase is the latest of a series of compensation increases across different roles at Alliance."
As of July 1, 2022, the average returning teacher salary at Alliance will increase from $79,238 to $91,181, which takes into account Alliance teachers' years of experience and past performance. Alliance's updated salary scale starts new teachers at $68,850 with a maximum at $128,885 for teachers with 30 years or more experience. Unlike many other networks and districts, experienced teachers interested in joining the Alliance will not max out in salary and will receive credit for all years of aligned experience.
Alliance has consistently engaged its staff and solicited feedback to inform actions the network takes to ensure that educators feel safe, supported, and valued every day. Over the course of the last several months, Alliance actively pursued increasing compensation for school-site staff while balancing budgets for increased costs. We are proud that even while navigating the COVID-19 pandemic, Alliance has doubled down on responding to feedback expressed by educators in a variety of ways. These include:
- Increasing teacher compensation effective July 2021;
- Announcing COVID bonuses for all Staff in 2020, 2021, and 2022 to recognize the ongoing commitment Alliance staff members demonstrated during the global pandemic;
- Hiring 20% more mental health and wellness professionals to support the social and emotional wellness of scholars; and
- Distributing a wellness bonus for all Staff in May 2022 to provide relief from rising food and gas costs, and increasing retention bonuses to ensure staff continue to make Alliance their long-term professional home.
- Providing returning staff retention a retention bonus in September 2022.
Alliance teachers' passion, drive, and motivation provide scholars with a college-ready education and shape the thriving school community. Alliance College-Ready Public Schools is one of the most successful and largest public charter school networks in the nation, consistently recognized for its outstanding education.
This year, US News & World Report ranked Alliance College-Ready Public Schools among the best high schools in the nation. Six Alliance schools right here in Los Angeles are in the top 100 public high schools in California. The Alliance network has a 95% high school graduation rate and 90% of graduating students go on to four-year college.
At Alliance, we believe that educators know first-hand what scholars need to succeed academically. We provide educators with the support and resources they need, in and out of the classroom.
We're hiring English, Math, Spanish, Special Education teachers in addition to more key roles inside and outside of the classroom. Join us and make a difference–go to www.laalliance.org to learn more.
Alliance College-Ready Public Schools was founded in 2004 by a group of Los Angeles educators, civil rights activists, and community leaders on the belief that all children––regardless of ZIP code, income, ability, or background––are capable of achieving at high levels.
Despite great odds, Judy Ivie Burton, a long-time Los Angeles Unified School District (LAUSD) educator and leader, as well as Howard Lappin, Founding Principal, and nationally recognized school leader, welcomed 150 ninth grade scholars at Alliance College-Ready Academy #1, currently known as Alliance Gertz-Ressler High School.
Alliance is now one of the largest and most successful nonprofit public charter school networks in the nation, operating 26 high-performing, tuition-free middle and high schools in Los Angeles communities that are systematically oppressed. Alliance has a proven record of success for our nearly 13,000 scholars and nearly 18,000 alumni.
Though a majority of our incoming 6th graders enter Alliance reading below grade level, they eventually outperform California state and local districts on state standardized testing. Over ninety-five percent of Alliance scholars have graduated from high school and been accepted to a two-year or four-year college.
Our schools have been recognized among the best in the state and nation by the U.S. Department of Education, the California Department of Education, U.S. News & World Report, and the University of Southern California (USC) Rossier School of Education.
Media Contact:
Claire Totten
ctotten@actumllc.com | 805.901.0447
View original content:
SOURCE Alliance College Ready Schools
|
https://www.mysuncoast.com/prnewswire/2022/06/09/alliance-college-ready-public-schools-announces-increase-teacher-compensation-making-network-highest-paying-public-school-system-la-county/
| 2022-06-09T23:14:56Z
|
Big Mac is coming back: McDonald’s to reopen in Ukraine
CHICAGO (AP) — McDonald’s will start reopening some of its restaurants in Ukraine in the coming months, a symbol of the war-torn country’s return to some sense of normalcy and a show of support after the American fast-food chain pulled out of Russia.
The burger giant closed its Ukrainian restaurants after Russia’s invasion nearly six months ago but has continued to pay more than 10,000 McDonald’s employees in the country.
McDonald’s said Thursday that it will begin gradually reopening some restaurants in the capital, Kyiv, and western Ukraine, where other companies are doing business away from the fighting. Western businesses like Nike, KFC and Spanish clothing retailer Mango are open in Kyiv.
“We’ve spoken extensively to our employees who have expressed a strong desire to return to work and see our restaurants in Ukraine reopen,” Paul Pomroy, corporate senior vice president of international operated markets, said in a message to employees. “In recent months, the belief that this would support a small but important sense of normalcy has grown stronger.”
The Ukrainian economy has been severely damaged by the war and restarting businesses, even in a limited capacity, would help. The International Monetary Fund expects Ukraine’s economy to shrink by 35% this year.
McDonald’s has 109 restaurants in Ukraine but didn’t say how many would reopen, when that would happen or which locations would be the first to welcome back customers. Over the next few months, the company said it will start working with vendors to get supplies into restaurants, prepare those stores, bring back employees and launch safety procedures with the war still raging to the east.
While it will start to reopen in Ukraine, McDonald’s has sold its 850 restaurants in Russia to a franchise owner. That came three decades after McDonald’s opened its first location in Moscow, becoming a powerful symbol of easing Cold War tensions.
McDonald’s had shuttered hundreds of Russian locations in March, costing the company about $55 million per month. Selling its Russian restaurants was the first time the company has “de-arched,” or exited a major market.
Alexander Govor, who held a license for 25 McDonald’s outposts in Siberia, has begun reopening former McDonald’s locations under the name Vkusno-i Tochka, or Tasty-period.
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.wibw.com/2022/08/11/big-mac-is-coming-back-mcdonalds-reopen-ukraine/
| 2022-08-11T13:48:26Z
|
PHILADELPHIA (AP) — One firefighter has died after being trapped in a building that caught fire in Philadelphia and then collapsed early Saturday, fire officials said.
The fallen firefighter was not immediately identified, but Deputy Fire Commissioner Craig Murphy said he was a 27-year department veteran. “It’s going to be a rough few weeks coming up,” Murphy said at a media briefing around 8 a.m.
The building had caught fire just before 2 a.m. Saturday, Murphy said. The fire had been put out, but then the building collapsed at 3:24 a.m.
Four other firefighters and an inspector with the city’s Department of Licenses and Inspections were also trapped at the time of the collapse. One firefighter jumped from the second story of the rubble, Murphy said.
The others were pulled out at various times. They were taken to the hospital and said to be in stable condition. The inspector has since been released. The firefighter who died was pronounced dead at the scene.
Numerous firefighters were standing nearby as the rescue effort unfolded, and some were seen hugging or wiping tears from their eyes, multiple news outlets reported.
“You can’t predict this,” Murphy told reporters at a news conference. “This was just a catastrophic accident that (has) really hurt our department.”
Investigators were looking into what caused the collapse. Murphy said the building had been affected by the fire, but it was unclear what caused it to come down.
Mayor Jim Kenney said in a Twitter post that he was “grieving with the members of the Philadelphia fire department and all Philadelphia who lost one of our own in the line of duty today.”
Patricia Sermarini told The Philadelphia Inquirer that she rushed to the scene when she saw the alert about the collapse because her son-in-law, a firefighter, was on the morning shift. She said he had been one of the firefighters on scene but had made it out of the building just before it collapsed.
But moments later, Sermarini said, she saw firefighters pull a body out from the rubble.
“It’s so terrible,” she said. “This is so hard for them. They just want to get home to their families.”
|
https://cw33.com/news/u-s-news/ap-us-headlines/firefighters-trapped-in-philadelphia-building-collapse/
| 2022-06-18T19:28:49Z
|
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.