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ZENVIA sets agenda for fiscal 2022 first quarter results
Published: Apr. 18, 2022 at 5:34 PM EDT|Updated: 5 hours ago
SÃO PAULO, April 18, 2022 /PRNewswire/ -- ZENVIA Inc. ("ZENVIA" or "Company") (NASDAQ: ZENV), the leading cloud-based CX communications platform in Latin America empowering companies to transform their existing communications with end-customers along their life cycle, today announced that its fiscal 2022 first quarter results will be released after the market close on Thursday, May 05, 2022.
On Friday, May 06, 2022 at 10:00 a.m. Eastern Time, Zenvia's senior management team will host a webcast to discuss the financial and operating results. The webcast can be accessed at the Company's investor relations website: https://investors.zenvia.com. A replay will be available at https://investors.zenvia.com/financial-information/financial-results/.
About ZENVIA
ZENVIA is driven by the purpose of empowering companies to create unique experiences for customer communications through its unified end-to-end platform. ZENVIA empowers companies to transform their existing customer communications from non-scalable, physical, and impersonal interactions into highly scalable, digital first and hyper contextualized experiences across the customer journey. ZENVIA's unified end-to-end CX communications platform provides a combination of (i) SaaS focused on campaigns, sales teams, customer service and engagement, (ii) tools, such as software application programming interfaces, or APIs, chatbots, single customer view, journey designer, documents composer and authentication, and (iii) channels, such as SMS, Voice, WhatsApp, Instagram and Webchat. Its comprehensive platform assists customers across multiple use cases, including marketing campaigns, customer acquisition, customer onboarding, warnings, customer services, fraud control, cross-selling and customer retention, among others. ZENVIA's shares are traded on Nasdaq, under the ticker ZENV.
Forward Looking Statements
This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made as of the date they were first issued and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Words such as "expect," "anticipate," "should," "believe," "hope," "target," "project," "goals," "estimate," "potential," "predict," "may," "will," "might," "could," "intend," variations of these terms or the negative of these terms and similar expressions are intended to identify these statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond Zenvia's control.
Zenvia's actual results could differ materially from those stated or implied in forward-looking statements due to several factors, including but not limited to: our ability to innovate and respond to technological advances, changing market needs and customer demands, our ability to successfully acquire new businesses as customers, acquire customers in new industry verticals and appropriately manage international expansion, substantial and increasing competition in our market, compliance with applicable regulatory and legislative developments and regulations, the dependence of our business on our relationship with certain service providers, among other factors.
Contacts
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The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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https://www.whsv.com/prnewswire/2022/04/18/zenvia-sets-agenda-fiscal-2022-first-quarter-results/
| 2022-04-19T02:58:26Z
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NEW YORK, April 18, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cabaletta Bio, Inc. (NASDAQ: CABA): (i) pursuant and/or traceable to the offering documents issued in connection with the Company's initial public offering conducted on or about October 24, 2019 (the "IPO" or "Offering"); and/or (ii) between October 24, 2019 and December 13, 2021, both dates inclusive (the "Class Period"), of the important April 29, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Cabaletta securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Cabaletta class action, go to https://rosenlegal.com/submit-form/?case_id=3749 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 29, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the IPO offering documents and defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) top-line data of the Phase 1 Clinical Trial indicated that DSG3-CAART had, among other things, worsened certain participants' disease activity scores and necessitated additional systemic medication to improve disease activity after DSG3-CAART infusion; (2) accordingly, DSG3-CAART was not as effective as the Company had represented to investors; (3) therefore, the Company had overstated DSG3-CAART's clinical and/or commercial prospects; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Cabaletta class action, go to https://rosenlegal.com/submit-form/?case_id=3749 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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| 2022-04-19T02:58:33Z
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Ratings made by current employees during challenging pandemic
BASKING RIDGE, N.J., April 18, 2022 /PRNewswire/ -- Collabera has once again been recognized as one of best places to work by Comparably.com. This marks the second consecutive year of recognition for Collabera.
Comparably's list of top companies in the New York Metropolitan area is derived from sentiment ratings provided by current employees who anonymously rated their employers on Comparably.com over the past 12 months.
Karthik Krishnamurthy, Collabera's chief executive officer, said: "Our people are at the heart of everything we do. We know they work hard every day and we consistently strive to provide them with an experience they enjoy and are proud of. Being bold and being kind is more than just what we say, it's who we are."
Nearly 20 different workplace culture categories were measured, including compensation, leadership, professional development, perks and benefits during the period of March 2021 through March 2022.
"We are honored that our employees have recognized Collabera as a top place to work. We take great pride in our company's culture, which emphasizes the importance of caring for our employees and helping ensure they are achieving their career and personal goals," said Susan Youngblood, chief people officer, Collabera.
Across all 60 global offices, Collabera offers a culture of camaraderie, cooperation and celebration, keeping our work environment joyful while striving for excellence.
This is Collabera's second recognition from Comparably recently. Collabera was named one of the top 100 highest-rated companies for diversity as part of Comparably's 2021 fifth annual Best Places to Work Awards in December 2021.
About Collabera
Collabera operates at the intersection of software engineering, innovation, and talent orchestration. Headquartered in Basking Ridge, N.J., Collabera serves a majority of the Fortune 100 companies across financial services, healthcare, technology, and other industries. As one of the leading privately-held technology companies in the U.S., Collabera is regularly recognized as a top place to work and as a leader in building a diverse and inclusive workforce. Visit us at collabera.com.
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| 2022-04-19T02:58:39Z
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FRANKLIN, Tenn., April 18, 2022 /PRNewswire/ -- Community Healthcare Trust Incorporated (NYSE: CHCT) today announced that on Tuesday evening, May 3, 2022, after the market closes, it will report results for the first quarter of 2022.
On May 4, 2022, at 9:00 a.m. Central Time, Community Healthcare Trust will hold a conference call to discuss earnings results, quarterly activities, general operations of the Company and industry trends. Simultaneously, a webcast of the conference call will be available to interested parties via an Internet link at www.chct.reit under the Investor Relations section. A webcast replay will be available following the call at the same Internet site address.
Conference Call Details
Domestic Dial-In Number: 1-888-347-1332
International Dial-In Number: 1-412-902-4278
Canada Toll Free: 1-855-669-9657
Replay Conference Call Details
Domestic Dial-In Number: 1-877-344-7529
International Dial-In Number: 1-412-317-0088
Canada Toll Free: 1-855-669-9658
Conference ID: 3579731
Community Healthcare Trust Incorporated is a real estate investment trust that focuses on owning income-producing real estate properties associated primarily with the delivery of outpatient healthcare services in our target sub-markets throughout the United States. The Company had investments of approximately $837.1 million in 153 real estate properties (including a portion of one property accounted for as a financing lease) as of December 31, 2021, located in 33 states, totaling approximately 3.4 million square feet.
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identifiable by use of forward-looking terminology such as "believes", "expects", "may", "should", "seeks", "approximately", "intends", "plans", "estimates", "anticipates" or other similar words or expressions, including the negative thereof. Forward-looking statements are based on certain assumptions and can include future expectations, future plans and strategies, financial and operating projections or other forward-looking information. Such forward-looking statements reflect management's current beliefs and are based on information currently available to management. Because forward-looking statements relate to future events, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company's control. Thus, the Company's actual results and financial condition may differ materially from those indicated in such forward-looking statements. Some factors that might cause such a difference include the following: general volatility of the capital markets and the market price of the Company's common stock, changes in the Company's business strategy, availability, terms and deployment of capital, the Company's ability to refinance existing indebtedness at or prior to maturity on favorable terms, or at all, changes in the real estate industry in general, interest rates or the general economy, adverse developments related to the healthcare industry, the degree and nature of the Company's competition, the ability to consummate acquisitions under contract, effects on global and national markets as well as businesses resulting from the COVID-19 pandemic, and the other factors described in the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 and the Company's other filings with the Securities and Exchange Commission from time to time. Readers are therefore cautioned not to place undue reliance on the forward-looking statements contained herein which speak only as of the date hereof. The Company intends these forward-looking statements to speak only as of the time of this release and the Company undertakes no obligation to update forward-looking statements, whether as a result of new information, future developments, or otherwise, except as may be required by law.
CONTACT: David H. Dupuy, 615-771-3052
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https://www.whsv.com/prnewswire/2022/04/19/community-healthcare-trust-announces-first-quarter-earnings-release-date-conference-call/
| 2022-04-19T02:58:46Z
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NEW YORK, April 18, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cerence Inc. (NASDAQ: CRNC) between February 8, 2021 and February 4, 2022, inclusive (the "Class Period"), of the important April 26, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Cerence securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Cerence class action, go to https://rosenlegal.com/submit-form/?case_id=3722 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 26, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the global semiconductor shortage had a materially negative impact on demand for Cerence's software licenses; (2) defendants masked the impact of the semiconductor shortage on demand for Cerence's software licenses by pulling forward sales; and (3) as a result of the foregoing, defendants' statements about Cerence's business, operations, and prospects were false and misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Cerence class action, go to https://rosenlegal.com/submit-form/?case_id=3722 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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| 2022-04-19T02:58:53Z
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Dramatic Fall Foliage, Pleasant Temperatures, Smaller Crowds, and a Vibrant Cultural Scene Make the Fall an Ideal Time to Visit
NEW YORK, April 18, 2022 /PRNewswire/ -- The Southern Hemisphere fall is a great time to visit Argentina, when the temperatures are milder and the summer crowds have receded. The beauty of Patagonia is even more stunning in the fall when its forests burst into fiery colors with the backdrop of snow-capped Andean peaks. And Buenos Aires's sophisticated cultural scene roars back to life after the summer hiatus.
Late April or early May is an ideal time to plan a visit to El Chaltén – one of the most picturesque towns in Patagonia famous for its hiking circuits – to witness its dramatic landscapes painted in a palette of vibrant reds, oranges, yellows and greens without the large summer crowds. And the icy blues of the nearby glaciers in Los Glaciares National Park – the largest of Argentina's national parks and a UNESCO-listed World Heritage site – stand in stark contrast to the blazing hues of the surrounding forests.
The fall is also a magical time to take one of Argentina's most famous road trips. The Ruta de los Siete Lagos (Road of the Seven Lakes) is considered one of the most scenic drives in Argentina and links the Patagonian resort towns of San Martín de los Andes to Villa La Angostura. This segment of Argentina's legendary Ruta 40 winds through multi-colored lakes that range from metallic blues, sunlit emeralds and translucent sapphires, among some of the most spectacular in Patagonia.
Travelers looking to explore the charms of Ushuaia, the city at the end of the world, and of Tierra del Fuego, should take advantage of the fall months to see the area's beauty enhanced with the radiant colors of the fall foliage and smaller crowds following the peak summer travel season.
Iguazú Falls is also ideal to visit in the fall when the temperatures and humidity levels have dropped, and the large summer crowds have receded. Set in the lush subtropical rainforest that is a UNESCO-listed World Heritage Site, Iguazú Falls is one of the world's most famous waterfalls and considered one of the world's most imposing natural sites.
Wine lovers looking to go winery hopping in Argentina's largest wine producing province of Mendoza will find the region's natural beauty with its wild terrain, snow-capped peaks, wild rivers and canyons enhanced as the trees lining the roads turn into shades of ochre and yellow. Outdoor adventure enthusiasts can also take advantage of smaller crowds in the Atuel Canyon, a popular location for its wide range of adventure sports, including river rafting, tubing, hiking, horseback riding and mountain biking before unwinding in the thermal baths at Villavicencio.
Urbanites and culture buffs can soak in Buenos Aires' sophisticated cultural scene as it roars back to life after the quieter summer months. The city's prestigious Teatro Colón – ranked amongst the top 10 opera houses in the world for its beauty, acoustics and the quality of its performances – launches its new season of opera, philharmonic and ballet performances in March of every year as do the city's countless other theaters and performance venues. BAFICI, the Buenos Aires International Festival of Independent Cinema, will be held this year from April 20 to May 1t.
Additional information is available at argentina.travel
About INPROTUR:
INPROTUR, Argentina's National Institute for Tourism Promotion, also known as Visit Argentina, is a public-private entity responsible for promoting international travel to Argentina and for positioning Argentina as a global tourism destination. INPROTUR develops and executes promotional action plans in different global markets and conducts research and analysis of travel trends and market behavior in different source markets in order to position Argentina as a desirable destination in those markets.
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| 2022-04-19T02:58:59Z
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SUZHOU, China, April 18, 2022 /PRNewswire/ -- GeneQuantum Healthcare (Suzhou) Co., Ltd., a company specializing in site-specific bioconjugation for next generation biotherapeutics, has signed an agreement with a Korean biotech company, Aimed Bio Inc., to co-develop a First-in-Class therapeutic antibody drug conjugate (ADC). Aimed Bio, a spin-off company from Samsung Medical Center, is focusing on developing innovative antibody-centric drugs for brain diseases with few treatment options. Additional details were not disclosed.
GeneQuantum focuses on next generation Antibody Drug Conjugate (ADC) development. Taking advantage of the proprietary 'Ligase Dependent Conjugation' (LDC) technology platform, which allows a site-specific conjugation of cytotoxins or other type of payloads to antibodies, the company has successfully developed a robust pipeline with more than 10 assets, with several at or approaching clinical stage. In addition to expanding the unique technology platform, the company has entered into a number of partnerships with domestic biotech/pharmaceutical companies and international partners. The growing number of partnerships speaks to the power of the GeneQuantum platform technology for not only improving key therapeutic characteristics of existing molecules, but also for creating new classes of molecules, ultimately increasing the number of available treatment options for patients worldwide. GeneQuantum is excited about the significant potential of partnerships with business partners and will continue to expand its deal pipeline in the antibody drug conjugate (ADC) and protein therapeutic market.
The collaborating ADC is a first-in-class asset with highly differentiated antibody against a unique target, a stable linker design and a novel payload with a strong by-stander killing effect. The resulting ADC is expected to treat brain and other cancers with huge unmet needs.
Dr. Gang Qin, the Founder & Chairman, CEO of GeneQuantum, commented: "As an innovative antibody+ company, we look for complementary partners to maximize value of our platform technology. Aimed Bio not only has differentiated antibody acting on a unique target but also has deep knowledge and expertise in the field of brain tumor & CNS diseases. This collaboration is based on an excellent match between the two companies to generate a FIC ADC. Through close partnership, we are thrilled to bring revolutionary therapy for those patients without efficient treatment at this moment."
Dr. Dohyun Nam, the Founder & Chairman, CTO of Aimed Bio and internationally renowned neurosurgeon with 32 years of experience in brain tumor & CNS diseases commented: "Aimed Bio has been successfully expanding its R&D pipeline for the past 2 years, and I am pleased to start this collaboration with GeneQuantum. After evaluating the data, the linker-payload and conjugation technology GeneQuantum provides proved to be very safe and effective. With the best antibody and brain tumor expertise of Aimed Bio, I believe the collaborating ADC will bring a tremendous impact on the field. We look forward to initiating clinical trial as soon as possible."
The new drug is expected to enter IND in 2023.
About GeneQuantum Healthcare (Suzhou) Co., Ltd.
GeneQuantum Healthcare (Suzhou) Co., Ltd. is a high-tech biopharmaceutical company dedicated to the development of innovative biotherapeutics. The company is focused on the development of a next generation of bioconjugate therapeutics to meet the unmet medical needs of cancer patients globally. For more information, visit www.genequantum.com.
About AIMEDBIO Inc.
AIMEDBIO is a spin-off company from Samsung Medical Center (SMC) established in August 2018. AIMEDBIO aims to provide therapeutic solutions to patients with serious brain diseases, including neuro-oncological and -degenerative diseases, to save patients' lives and improve patients' quality of life. Based on solid global networks with key opinion leaders in the field, an excellent research team with profound achievements, and R&D pipelines with an outstanding drug development platform, AIMEDBIO is an emerging leader for development of innovative therapeutics against diverse brain diseases.
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| 2022-04-19T02:59:06Z
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CHICAGO, April 18, 2022 /PRNewswire/ -- Katten announced today that Financial Markets Litigation and Enforcement associate Sheehan Band was selected to participate in the Minority Corporate Counsel Association (MCCA) Sources of Success professional development program designed to help create a strong pipeline of diverse legal leaders.
"Sheehan is a talented attorney who has shown great promise and a deep commitment to making the legal profession more inclusive and equitable as co-chair of Katten's Committee for Racial and Ethnic Diversity (CRED), an affinity group for associates," said Chief Diversity Partner Leslie Minier. "This program will enhance his career, and by extension, better position him to serve his clients and further develop as a law firm leader."
The yearlong MCCA program, tailored for mid-level attorneys from corporate legal departments and law firms, focuses on identifying successful career management and effective communication strategies, and developing leadership and management skills. Through the program, participants receive group and individual coaching and engage with leaders from major companies in various industries as panel participants and mentors.
As a senior associate in Katten's Financial Markets Litigation and Enforcement practice in Chicago, Band concentrates his practice on litigation and enforcement matters with a focus on the financial services industry and regulatory and internal investigations. Band has represented companies and individuals in state and federal court, as well as before various regulators, including the Commodity Futures Trading Commission, Securities and Exchange Commission, Chicago Mercantile Exchange and National Futures Association. He also advises clients on the developing laws and regulations related to cryptoassets and blockchain technology, and regularly participates on panels and authors articles in that space.
As CRED co-chair, Band collaborates with firm leadership on firmwide diversity, equity and inclusion (DEI) initiatives. CRED provides mentoring, educational and career development support and resources, as well as leadership opportunities for racially and/or ethnically diverse associates at Katten.
Band also is involved in recruiting and mentoring diverse junior and summer associates, maintains an active pro bono practice and sits on the board of Asian Americans Advance Justice | Chicago, pan-Asian advocacy organization. In 2020, Band participated in the Leadership Council on Legal Diversity (LCLD) Pathfinder program, which offered practical tools for developing and leveraging professional networks, foundational leadership skills and career development strategies.
Band earned his JD from the University of Pennsylvania Carey Law School and his BA from Washington University in St. Louis.
Katten is a full-service law firm with approximately 700 attorneys in locations across the United States and in London and Shanghai. Clients seeking sophisticated, high-value legal services turn to Katten for counsel locally, nationally and internationally. The firm's core areas of practice include corporate, financial markets and funds, insolvency and restructuring, intellectual property, litigation, real estate, structured finance and securitization, transactional tax planning, private credit and private wealth. Katten represents public and private companies in numerous industries, as well as a number of government and nonprofit organizations and individuals. For more information, visit katten.com.
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| 2022-04-19T02:59:13Z
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State of Art Facility Supports Hybrid Work Model
SAN JOSE, Calif., April 18, 2022 /PRNewswire/ -- KeyPoint Credit Union, one of the largest Credit Unions in California, has occupied its new corporate headquarters (HQ) at 2150 Trade Zone Boulevard in San Jose. The new HQ building supports KeyPoint's strategic adoption of the hybrid work model which sees a large number of credit union employees working remote while others share time at the office.
Brad Canfield, President and CEO of KeyPoint Credit Union, said "The new building is designed to optimize workplace efficiency to support our hybrid work model." The building hosts several undedicated workspaces, including visitor desks, huddle rooms and traditional conference rooms. Scheduling software helps visiting employees schedule an office or conference room. Each conference room is equipped with an occupancy-status sign. Canfield added "Sustainability was one of our key goals, so we prioritized using eco-friendly materials." The building qualifies for Gold LEED-certification—a high standard to achieve. It utilizes low-carbon emitting materials, optimizes energy performance, and employs low-flow plumbing (for reducing water consumption). The parking lot supports several charging stations for employees' electric vehicles.
The new facility is designed to facilitate operational efficiency of the member-owned, not for profit credit union.
About KeyPoint Credit Union
Inspired by Silicon Valley innovation and built to serve a diverse membership, KeyPoint is a full-service, not-for-profit credit union dedicated to providing financial solutions to help members achieve their goals in life. KeyPoint helps members make the most of their money—earning more on savings while paying less for credit. And KeyPoint is active in the community providing free financial education programs, as well as fostering financial literacy, sponsoring reading programs and mentoring the next generation of business professionals at local educational institutions. Learn more about Next Generation Neighborhood Banking from KeyPoint Credit Union at kpcu.com.
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| 2022-04-19T02:59:20Z
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HO CHI MINH CITY, Vietnam, April 18, 2022 /PRNewswire/ -- TAGO, a UK-registered tech startup aims to connect the people who are in need of mental help with the appropriate support within an application. User can now receive consultation from the best available mental advisors with just a click. By applying blockchain technology, Tago will helps users have double benefits. They can find the solution for their mental health problems, and earn tokens through the "Talk to Earn" activities.
Mental health problems are on the rise. This is particularly serious as the COVID–19 pandemic has led to an increasing need of new & safe approaches to help prevent the spread of mental illnesses.
The global mental health market size was US$ 391.3 billion in 2021. With a compound annual growth rate of 3.9%, it is forecast to grow to US$ 551.1 billion in 2023.
According to the National Institute of Mental Health, in 2019, nearly 1 in 5 U.S. adults lived with a mental illness. Estimates were that only half of those afflicted received treatment. Early treatment is very essential for them. Thus, the growing prevalence of the diseases will surge the growth of the global mental health market. Therefore, the need to develop the convenient and low-cost solutions for patients will help increase the market growth.
Tago, with a solution that is connecting those who are in need of mental help with an advisor through a mobile app, is leading the market today. The integration of blockchain on Tago app, which is a great revolution, creates a pioneering Web 3 in mental health for the world. It leads to the new way to a mental metaverse, called Tagoverse. With Tagoverse, users can find the right advisor with an affordable price, and earn Tago Tokens. Tago's token is a utility token, issued to fund Tago Blockchain project and can be kept and used within Tago Community for Tago's users and mental advisors. It enables community members to use for their spiritual needs, from meeting with mental advisors, joining the EQ courses, exchanging spiritual items, participating in spiritual events, to joining all the other activities in Tago Metaverse (Tagoverse) such as meditation, yoga, temple, church, tarot and horoscope. In addition, Tago token holders can also join in the staking programme to earn more rewards, have the voting rights and premium access.
Some special and interesting activities are only available in Tagoverse to earn Tago Tokens, such as NFT Market Place. Because of the mental health platform, the NFTs on Tago will be in the form of antiques, spiritual items. It is such a huge potential market. Users can create or collect these NFTs to exchange, or for their collection, buy and sell.
You can also earn Tago Tokens through an extremely interesting and breakthrough activity called "Talk to Earn". Both users and advisors can receive rewards through chatting, consulting with the virtual assistant, TagoSoul. It is the world's first NFT mental health AI assistant. It means that we all need a soul to live and evolve. You can chat with TagoSoul, a truly friend. This helps you easily find the solutions for your mental health problems. Milions of people can chat with AI TagoSoul to balance their emotions, take care of their spirits, find relaxation, and earn rewards by Tago Tokens through the TALK TO EARN activity. You can read more about Tagoverse right here.
Tagoverse is attracting the interest of a lot of people. It shows that mental health is receiving special attention from the community. With great growth potential and the market size, "Talk to Earn" will be the hot search in 2022.
Learn more about Tago at the global community: t.me/tagoofficial_global
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SOURCE TAGO VIETNAM
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https://www.whsv.com/prnewswire/2022/04/19/mental-metaverse-tago-leads-world-applying-blockchain-mental-health-care/
| 2022-04-19T02:59:26Z
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- Workhorse Group, Inc. (NASDAQ: WKHS)
Please contact only if you acquired shares before March 10, 2020.
NEW YORK, April 18, 2022 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm located on Wall Street, is investigating potential claims involving directors and officers regarding possible breaches of fiduciary duties related to whether insiders caused their companies to make false and/or misleading statements and/or failed to disclose, among other things, that:
Workhorse was merely hoping that USPS was going to select an electric vehicle as its Next Generation Delivery Vehicle, and had no assurance or indication from USPS that this was the case. Workhorse had concealed the fact that – as revealed by the postmaster general in explaining the ultimate decision not to select an electric vehicle – electrifying the USPS's entire fleet would be impractical and astronomically expensive. Workhorse did not timely reveal that it would not produce 1,800 vehicles by the end of 2021. Workhorse's much touted backlog of orders, which purported customers were waiting for, was almost completely illusory. As a result, Workhorse statements about Workhorse's business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
While offering unjustified hope to investors, certain Company Officers and Directors sol 2,643,431 shares of Company common stock at prices artificially inflated by their own misconduct, for aggregate proceeds of more than $61.4 million.
If you own Workhorse Group, Inc. please contact Fletcher Moore, Esq. by email at fmoore@moorekuehn.com or telephone at (212) 709-8245. There is no cost to you. Moore Kuehn is a New York-based law firm with attorneys representing investors and consumers.
Please visit http://www.moorekuehn.com/practice/new-york-shareholder-derivative-litigation/
Attorney advertising. Prior results do not guarantee similar outcomes.
Moore Kuehn, PLLC
Fletcher Moore, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
fmoore@moorekuehn.com
(212) 709-8245
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SOURCE Moore Kuehn, PLLC
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https://www.whsv.com/prnewswire/2022/04/19/moore-kuehn-pllc-encourages-investors-workhorse-group-inc-contact-law-firm/
| 2022-04-19T02:59:34Z
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SHENZHEN, China, April 18, 2022 /PRNewswire/ -- Although the 5G era has come, the world's most widely covered and most widely used 4G communications technology will coexist with 5G for a long time and continue to undertake the responsibility of IoT communications.
For the North American market, Neoway (SH: 688159) has launched a number of modules, among which the LTE Cat.4 module N75 has passed the certification of global heavyweight operators AT&T and T-Mobile, and is officially included in the two major operators' certified product libraries.
N75 has passed a number of certifications, including FCC, PTCRB, GCF, IC, and ANATEL. After N75 passed AT&T and T-Mobile certifications and was included in the product libraries, Neoway can not only provide this product and service for local customers in North American countries and regions, but also the terminal products developed by customers in other countries based on N75 can directly enter the North American market. This greatly shortens the testing and certification period of customer products in North America and helps customers reduce costs and increase efficiency.
- N75 is developed based on Qualcomm chip platform. It is an LTE Cat.4 module that can also support 3G and 2G networks.
- N75 has LGA package and a small size of 28 mm × 30 mm, supports OpenLinux, and eases development.
- N75 supports SDIO, SPI, I2C, and many other interfaces and is equipped with rich protocol stacks, providing convenience for the additional needs of different industries.
- N75 supports many third-party platforms, such as AWS, Azure, and Tuya, further enriching the industrial ecology.
Neoway N75 has been successfully applied to many IoT application scenarios in North America, Europe, and Southeast Asia, such as electric power, vehicle, and industry, providing stable and reliable access communications for customers and terminal users.
To know more about the communications products of Neoway, you can visit Neoway official website www.neoway.com.
CONTACT: Aries Yi, yishihui@neoway.com, +86-13823160430
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SOURCE Neoway Technology Co., Ltd.
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https://www.whsv.com/prnewswire/2022/04/19/n75-is-included-north-american-operators-product-libraries-helping-customers-efficiently-enter-north-american-market/
| 2022-04-19T02:59:40Z
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-- Leading-edge companies donate high-tech equipment for buildout --
WASHINGTON, April 18, 2022 /PRNewswire/ -- The National Association of Broadcasters (NAB) announced today the completion of a new state-of-the-art media production facility at NAB's headquarters, located at 1 M Street, SE in Washington, D.C. The buildout of the facility, including a studio and media hub, was made possible by donations of critical equipment and studio design services from leading companies in the business of content creation and management.
The studio's highlight is a curved,15-foot interactive video wall that serves as a high-tech backdrop for live and pre-recorded programming. In addition to energy-saving LED lighting and robotic cameras, the studio features a powerful edit suite capable of 8K post-production.
Led by Emmy-winning producer and Vice President of Media Production Michael Khatcheressian, NAB will use the studio to create national spots and branded educational content for its members. Productions will include compelling digital stories for NAB's renowned trade shows and high-profile award programs. The studio will also be used for production of NAB's Congressional PSA Campaign and the NAB Leadership Foundation's Service to America Awards. External organizations may rent the studio and its staff for original productions as well.
"As the premier trade association representing America's radio and television broadcasters and as the producer of the world's largest convention for media and entertainment, NAB has a critical need for advanced audio and video production capabilities," said April Carty Sipp, executive vice president of Industry Affairs at NAB. "We are grateful for the generous support of the companies that contributed to the buildout of our new studio and media hub."
Following is a list of companies and their contributions to NAB's new media production facility:
- Angry Badger Productions - Scenic and lighting design, creative direction, production coordination services
- Planar - Fine-Pitch LED Video Wall
- Vitec Production Solutions - Premium lighting, mobile power, prompting and camera support products
- Barbizon Lighting Company - Studio systems integration and lighting controls
- PESA - Router switching system
- The Launch Group - Scenic and set fabrication, engineering, and themed décor
- Video Visions, Inc. - Professional audio-visual design, installation and service
- Magis Media - Interactive storytelling solutions for elections and custom datasets. Video servers and control interface for video panels and DMX devices
- The Light Source – Revolutionary, patented MEGABATTEN for the studio grid
For more details about NAB's media production facility and the contributing companies, click here.
About NAB
The National Association of Broadcasters is the premier advocacy association for America's broadcasters. NAB advances radio and television interests in legislative, regulatory and public affairs. Through advocacy, education and innovation, NAB enables broadcasters to best serve their communities, strengthen their businesses and seize new opportunities in the digital age. Learn more at www.nab.org.
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SOURCE National Association of Broadcasters
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https://www.whsv.com/prnewswire/2022/04/19/nab-opens-state-of-the-art-media-production-facility-headquarters-building/
| 2022-04-19T02:59:47Z
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NANJING, China, April 18, 2022 /PRNewswire/ -- On April 15, 2022, Simcere Pharmaceutical (2096.HK), an innovation and R&D driven pharmaceutical company in China held its first R&D day for international investors, during which the executive leaders revealed Simere's R&D strategy, and gave an update on Simcere's pipeline to the global investment community.
Mr. REN Jinsheng, Chairman and CEO, Dr. TANG Renhong, Executive Vice President, Dr. Bijoyesh Mookerjee, Chief Medical Officer, Oncology, Mr. ZHOU Gaobo, Chief Investment Officer, Dr. Kevin Oliver, Senior Vice President, Dr. Danny Chen, Senior Vice President, Mr. Andrew Zhu, Senior Vice President, and Mr. BAO Jun, Board Secretary attended the meeting as speakers.
Highlights:
- First-in-class (FIC) novel myelo-protective drug Trilaciclib is expected to be launched in China in 2022. Targeting large Chinese patient population receiving chemotherapy, the product has the potential for delivering significant patient impact and commercial success.
- As a breakthrough product in China's stroke market, Sanbexin® achieved significant growth and contributed to the overall annual CNS business revenue of RMB 1.5 billion, highlighting Simcere's strong commercial capabilities. Rapid clinical development of Sanbexin sublingual tablets for sequential stroke treatment and other investigational new drugs is forming a multi-mechanism, full-course therapeutic approach to stroke which will further secure Simcere's leadership in this area.
- Proprietary oral SARS-CoV-2-3CL inhibitor co-developed by Simcere and the Shanghai Institute of Materia Medica (SIMM) of the Chinese Academy of Sciences is the first locally manufactured oral 3CL inhibitor approved for clinical trial in China. The first subject was enrolled in early April.
- Simcere's R&D pipeline consists of nearly 60 projects, with 20 projects in clinical stage, involving 17 potential innovative drugs.
- The company is seeking global expansion by actively exploring oversea licensing opportunities and planning for global multiple center clinical trials. The company is also actively hiring executive leaders with global experience and expanding its talent pool.
01 Successful transformation towards innovation that emphasizes on "effectiveness"
On the journey to build an innovation and R&D-driven pharmaceutical company, Simcere emphasizes "clinical differentiation and effectiveness". Simcere has marketed five innovative drugs in China and in 2021, the share of innovative products in total revenue reached 62.4%. Annual R&D investment was RMB 1.417 billion, accounting for 28.3% of total revenue.
Currently the company has an R&D pipeline of nearly 60 innovative projects. The two-pronged approach of Simcere's R&D, combining independent research with cooperative development, focuses on oncology, CNS and autoimmune diseases, with an eye on additional disease areas that may have significant clinical needs in the future.
Simcere's independent R&D technology platform has deployed multiple cutting-edge technology including immuno-oncology bispecific antibodies, multi-specific T cell engager, synthetic lethality molecules, AI drugs, Treg-Biased Fusion Proteins, and autoimmune antibody-drug conjugates (ADCs) etc. 6 projects independently developed by Simcere were presented at AACR annual meeting 2022, including two oral presentations. 10 new INDs are expected to be filed in China or in the United States, more than half of which are driven by in-house development.
In response to the major challenges of human health posed by COVID-19, Simcere is co-developing an oral anti-SARS-CoV-2 virus agent SIM0417 in collaboration with SIMM of the Chinese Academy of Sciences. It is the first proprietary anti-COVID 19 oral 3CL inhibitor developed locally in China that has been approved for clinical trial. The Phase I clinical study of the project has started subject enrollment in Qianfoshan Hospital of Shandong Province. According to the clinical plan, the Phase I clinical study will complete the dosing of all subjects by the end of May.
SIM0417 is highly selective and potent small molecule inhibitor of 3CL, a key enzyme in the replication and life cycle of coronaviruses, including SARS-CoV-2. Preclinical studies have demonstrated good antiviral activity and safety. Due to the 3CL protease's highly conserved nature, SIM0417 has a strong inhibitory effect on a variety of SARS-CoV-2 variants including wild type virus, Delta variant, and Omicron variant.
In face of the Omicron infection which is far more contagious but is less severe than the infection caused by wild type or Delta strains, Simcere is creatively designing Ph2/3 clinical study for wider target populations in a differentiated strategy compared with other products or investigational drugs on the similar target.
02 Oncology: Trilaciclib rapidly progressing towards market approval at "Simcere speed"
Simcere's oncology R&D strategy is to focus on highest unmet clinical needs, explore opportunities of first and best in class medicines, and deliver new assets and combinations. The company's oncology pipeline covers lung cancer, breast cancer, digestive tract tumors, gynecological tumors, glioma etc., with novel MOAs and differentiated development strategies, such as IO checkpoint inhibitor that can be administered subcutaneously (Envafolimab), short-acting CDK4/6 cell cycle inhibitor (Trilaciclib), monoclonal antibody acting on IO novel target TNFR2 (SIM0235), and blood-brain barrier permeable BIC oral SERD compound (SIM0270).
Trilaciclib (COSELA) jointly developed by Simcere and G1 Therapeutics has initiated phase III clinical trials in China for the treatment of extensive-stage small cell lung cancer (ES-SCLC), colorectal cancer, and triple-negative breast cancer. The registration study of ES-SCLC has reached the primary end point, which further validates the safety and myelo-protective efficacy of trilaciclib, on granulocytes, platelets and red blood cell lines in the Chinese population.
The NDA for the first indication (small cell lung cancer) submitted in China has been included in priority review by the CDE. It is expected to be approved in the latter half of 2022. Simcere spent only 10 months from IND to NDA submission in China, demonstrating high efficiency in clinical development. Targeting large Chinese patient population receiving chemotherapy, the product has the potential for delivering significant patient impact and commercial success.
The submission was additionally supported by Real Word Study evidence in Hainan where Chinese patients can receive drugs approved by FDA or EMA prior to approval in China. 30 patients were enrolled from June to November in 2021 and data analyzed will be complete in 2022.
03 CNS: Multi-mechanism approach to secure leadership in stroke, with Sanbexin® as core product
Stroke, a disease causing 3.3 million new cases in China annually, is the major CNS illness with huge clinical needs. Simcere has been deeply involved in the field of stroke treatment for decades. Sanbexin® independently developed by Simcere is the only new stroke drug approved for market in the world since 2015. The product achieved market excellence and has helped over 600,000 Chinese patients within its first year of launch.
Positive results from the pivotal Phase III study (TASTE study) of Sanbexin® for acute ischemic stroke (AIS) were published in the journal STROKE in 2021. Subject enrollment in phase IV study (TASTE II study) of Sanbexin® combined with vascular recanalization therapy began in March 2022. Clinical exploration of Sanbexin® in hemorrhagic stroke is expected to be launched in June.
Phase III registration study of Sanbexin sublingual tablet has nearly completed all subject enrollment, with topline clinical data expected within 2022. The sequential treatment of Sanbexin oral plus injection dosage form will likely cover the entire course of ischemic/hemorrhagic stroke, and enable patients to receive timely and complete treatment.
Furthermore, Simcere will secure its leadership in stroke in China by forming a combination of multiple mechanism assets, including SIM0307, an AQP 4 inhibitor for brain edema at Phase I clinical trials in China, and the regional licensing of AVLX-144, an innovative drug for acute ischemic stroke targeting the postsynaptic scaffold protein PSD-95.
In addition, Simcere entered Alzheimer's disease (AD) field through partnering with Vivoryon. The oral small molecule SIM0408 can inhibit the production of neurotoxic N3pE amyloid, which plays a role in the pathology of early stages of AD. It has received IND approval in China and may bring more effective medication to millions of Chinese suffering from the cureless disease.
04 Go global, reach new height
The preliminary success of Simcere's transformation towards innovation is followed by further efforts of globalization in terms of project licensing, investment, R&D, and talents.
The BD team of Simcere is geographically established in China, the United States, Canada, the United Kingdom, Germany, etc., with high credibility, diversified backgrounds and deep reputation in the industry.
Aiming at becoming 'Partner of Choice', Simcere values its existing 35+ alliances and LP positions globally. Since 2021, more than 8 licensing partnerships were made globally to introduce innovative assets. Simcere also strategically participated in a number of overseas life science investment funds, and is thereby closely associated with the world's most active innovation communities.
Multiple in-licensed products have achieved impressively fast progress in clinical study in China soon after the deals were made, including Trilaciclib, a short-acting CDK4/6 inhibitor, SIM0307 a molecule with Nobel winning mechanism to address cerebral edema, and SIM0408 a novel Alzhermer's disease therapy etc. In 2022, the newly achieved deal on a highly selective JAK 1 inhibitor is expected to bring another blockbuster for autoimmune diseases. Simcere is also exploring out-licensing opportunities and is expected to realize oversea authorization of a self-developed product within this year.
In terms of R&D internationalization, Simcere has established 4 innovation centers in China and the United States to explore the global development mode of innovative drugs. The TNFR2 antibody developed by Simcere has received IND approval in both China and the United States. The anti-COVID 19 oral 3CL inhibitor is also expected to start clinical trials overseas soon. In 2022, 3 new INDs of in house developed projects may be submitted in the United States.
Simcere also is building a team of leading talents with global perspective and backgrounds. Among the speakers at the R&D day, Mr. Zhou Gaobo, Chief Investment Officer, Dr. Bijoyesh Mookerjee, Chief Scientific Officer of Oncology, Dr. Danny Chen, Senior Vice President and Mr. Andrew Zhu, Senior Vice President who recently joined Simcere all hold decades of academic/professional experience in large multinational companies. They will bring great help to Simcere's innovation and globalization. Meanwhile, Simcere's X plan launched by the State Key Laboratory, targets 10 important life sciences fields and is further attracting outstanding talents and R&D projects from major universities and research institutes around the world.
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SOURCE Simcere Pharmaceutical Group Limited
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https://www.whsv.com/prnewswire/2022/04/19/proprietary-sars-cov-2-3cl-inhibitor-rapidly-progressing-clinical-trials-market-approval-trilaciclib-expected-china-simcere-reveals-global-innovation-ambition-rampd-day/
| 2022-04-19T02:59:54Z
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SOUTH BEND, Ind., April 18, 2022 /PRNewswire/ -- The locally driven, family-owned sports and merchandise retailer, Rally House, is boasting continued growth in Indiana, with new stores coming soon to South Bend. After opening three Indianapolis stores in 2021, Rally House is keeping up momentum with Rally House Erskine Village and Rally House University Crossings in the South Bend market. Both locations are hiring several positions as they gear up for opening.
It's impressive to see Rally House swiftly expanding across the country as they seek to provide dedicated fans with unique, high-quality merchandise and apparel. With entry into the South Bend market, the company will become a dependable source for Indiana team gear and localized products for all the great residents and fans of this area.
Apart from offering an unmatched selection of Notre Dame gear that you can't find at similar retailers in the area, Rally House stores in South Bend will also carry a wide range of apparel, gifts, and more for other fan-favorite franchises. Customers can shop an assortment of products for the Notre Dame Fighting Irish, Indiana Hoosiers, Purdue Boilermakers, Colts, Chicago Bears, Cubs and White Sox, among others. Plus, find locally inspired merchandise for beloved hometown themes and brands.
Customers will be pleased to see numerous renowned brand names as they explore these new Rally House stores in South Bend. Quality is assured with merchandise from reputable vendors like Nike, New Era, Mitchell & Ness, RALLY Brand™, and more. Additionally, Rally House provides shoppers with a complete selection of products and a convenient shopping experience online at rallyhouse.com.
Rally House looks forward to showcasing their immense love of sports and localized merchandise by providing top-notch customer service and an extraordinary shopping environment in South Bend. To help achieve these goals, the company is looking to hire enthusiastic team members ready to put their skills to use. Apply today at rallyhouse.com/careers-retail!
About Rally House
Rally House and Sampler Stores Inc. is a family-owned specialty boutique that offers a large selection of apparel, hats, gifts and home décor representing local NCAA, NFL, MLB, NBA, NHL, and MLS teams in addition to locally inspired apparel, gifts and food. Proudly based in Lenexa, Kansas, Rally House operates 100+ locations across 12 states.
CONTACT:
Jeffery Chapman, District Manager
jchapman@rallyhouse.com
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| 2022-04-19T03:00:00Z
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ATLANTA, April 18, 2022 /PRNewswire/ -- Rollins Inc. (NYSE: ROL), a premier global consumer and commercial services company, announced today it has reached a settlement with the U.S. Securities and Exchange Commission (SEC) to fully resolve an investigation into the impact of certain adjustments to accruals and reserves on reported earnings per share in the first quarter of 2016 and the second quarter of 2017. Under terms of the settlement, Rollins neither admits nor denies the SEC's findings and will pay an $8 million civil penalty, which was fully accrued in the third and fourth quarters of 2021.
"Since the Company first learned of this investigation, we have taken this matter very seriously, conducting an internal review and taking proactive steps to address the findings," said Elizabeth Chandler, Vice President, General Counsel and Corporate Secretary at Rollins. "We have also reevaluated and strengthened our internal controls over financial reporting, and improved processes, procedures and supporting documentation, including those related to management's judgments and estimates impacting reported financial results. Rollins remains committed to doing the right thing on behalf of our employees, investors and customers and we are pleased to have reached a resolution to this matter."
The individuals who were leading the accounting department at the time are no longer employed by the Company and there will be no restatement of the Company's historical financial results related to the SEC's investigation.
About Rollins, Inc.
Rollins, Inc. is a premier global consumer and commercial services company. Through its family of leading brands, Orkin, HomeTeam Pest Defense, Clark Pest Control, Northwest Exterminating, McCall Service, Trutech, Critter Control, Western Pest Services, Waltham Services, OPC Pest Services, The Industrial Fumigant Company, PermaTreat, Crane Pest Control, Missquito, Orkin Canada, Orkin Australia, Safeguard (UK), Aardwolf Pestkare (Singapore), and more, the Company and its franchises provide essential pest control services and protection against termite damage, rodents and insects to more than two million customers in North America, South America, Europe, Asia, Africa, and Australia from more than 800 locations. You can learn more about Rollins and its subsidiaries by visiting our website at www.rollins.com, where you can also find this and other news releases by accessing the news releases button.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This press release may contain or incorporate by reference information that includes or is based on forward-looking statements within the meaning of the safe-harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements give expectations or forecasts of future events and can be identified by the fact that they relate to future actions, performance or results rather than strictly to historical or current facts. The Company cautions that its forward-looking statements involve risks and uncertainties, and while we believe that our expectations for the future are reasonable in view of currently available information, you are cautioned not to place undue reliance on our forward-looking statements. Actual results or events may differ materially from those indicated as a result of various important factors. A list and description of these factors (all of which risks may be amplified by the COVID-19 pandemic) can be found in our Annual Report on Form 10-K and certain subsequent filings we make with the SEC. We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements are only as of the date they are made, and the Company undertakes no duty to update its forward-looking statements except as required by law.
Media Contact:
Jeff Gaunt
jgaunt@lambert.com
847-714-4014
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SOURCE Rollins Inc.
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https://www.whsv.com/prnewswire/2022/04/19/rollins-inc-announces-settlement-sec-investigation/
| 2022-04-19T03:00:07Z
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NEW YORK, April 18, 2022 /PRNewswire/ -- Juan Monteverde, founder and managing partner of the class action firm Monteverde & Associates PC (the "M&A Class Action Firm"), a national securities firm rated Top 50 in the 2018-2021 ISS Securities Class Action Services Report and headquartered at the Empire State Building in New York City, is investigating:
- Flexible Solutions International, Inc. (FSI), relating to its proposed merger with Lygos, Inc. Click here for more information: https://www.monteverdelaw.com/case/flexible-solutions-international-inc. It is free and there is no cost or obligation to you.
- Natus Medical Inc. (NTUS), relating to its proposed acquisition by ArchiMed. Under the terms of the agreement, NTUS shareholders are expected to receive $33.50 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/natus-medical-inc. It is free and there is no cost or obligation to you.
- MoneyGram, Inc. (MGI), relating to its proposed acquisition by funds affiliated with Madison Dearborn Partners, LLC. Under the terms of the agreement, MGI shareholders will receive $11.00 in cash per share they own. Click here for more information: http://monteverdelaw.com/case/moneygram-inc. It is free and there is no cost or obligation to you.
- Huttig Building Products, Inc. (HBP), relating to the proposed tender offer by Woodgrain, Inc. Under the terms of the agreement, HBP shareholders will receive $10.70 in cash per share they own. Click here for more information: https://www.monteverdelaw.com/case/huttig-building-products-inc. It is free and there is no cost or obligation to you.
- CM Life Sciences, Inc. (CMLF) relating to its proposed merger with Sema4. Under the terms of the agreement, CMLF will acquire Sema4 through a reverse merger, with Sema4 emerging as a publicly traded company. Click here for more information: https://www.monteverdelaw.com/case/cm-life-sciences-inc. It is free and there is no cost or obligation to you.
- Zurn Water Solutions Corp. (ZWS), relating to its merger with Elkay Manufacturing Co. Click here for more information: https://www.monteverdelaw.com/case/zurn-water-solutions-corp. It is free and there is no cost or obligation to you.
About Monteverde & Associates PC
We are a national class action securities litigation law firm that has recovered millions of dollars and is committed to protecting shareholders from corporate wrongdoing. We were listed in the Top 50 in the 2018-2021 ISS Securities Class Action Services Report. Our lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions. Mr. Monteverde is recognized by Super Lawyers as a Rising Star in Securities Litigation in 2013, 2017-2019, an award given to less than 2.5% of attorneys in a particular field. He has also been selected by Martindale-Hubbell as a 2017-2021 Top Rated Lawyer. Our firm's recent successes include changing the law in a significant victory that lowered the standard of liability under Section 14(e) of the Exchange Act in the Ninth Circuit. Thereafter, our firm successfully preserved this victory by obtaining dismissal of a writ of certiorari as improvidently granted at the United States Supreme Court. Emulex Corp. v. Varjabedian, 139 S. Ct. 1407 (2019). Also, in 2019 we recovered or secured six cash common funds for shareholders in mergers & acquisitions class action cases.
If you own common stock in any of the above listed companies and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.
Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com
Tel: (212) 971-1341
Attorney Advertising. (C) 2022 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.
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SOURCE Monteverde & Associates PC
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| 2022-04-19T03:00:14Z
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BEIJING, April 18, 2022 /PRNewswire/ -- TAL Education Group ("TAL" or the "Company") (NYSE: TAL), a smart learning solutions provider in China, today announced that it will release its unaudited financial results for the fourth quarter and fiscal year 2022 ended February 28, 2022, before the market opens on Friday, April 29, 2022.
The Company will host a corresponding conference call and live webcast at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing Time) on Friday, April, 2022.
Please note that you will need to pre-register for conference call participation, using the link provided below. Upon registering, you will be sent participant dial-in numbers, Direct Event passcode and unique registrant ID by email.
Conference call registration link: http://apac.directeventreg.com/registration/event/5787527. It will automatically direct you to the registration page of "TAL Education Group Fourth Quarter and Fiscal Year 2022 Earnings Conference Call", where you may fill in your details for RSVP. When you are requested to submit a participant conference ID, please enter the number "5787527".
In the 10 minutes prior to the call start time, you may use the conference access information (including dial-in number(s), Direct Event passcode and unique registrant ID) provided in the confirmation email that you have received following your pre-registration.
A live and archived webcast of the conference call will be available on the Investor Relations section of TAL's website at https://ir.100tal.com/.
A telephone replay of the conference call will be available through 9:59 a.m. on May 6, 2022, U.S. Eastern Time (9:59 p.m. on May 6, 2022, Beijing Time).
The dial-in details for the replay are as follows:
- U.S. toll free: +1-855-452-5696
- Hong Kong toll free: 800-963-117
- International toll: +61-2-8199-0299
Conference ID: 5787527
About TAL Education Group
TAL Education Group is a smart learning solutions provider in China. The acronym "TAL" stands for "Tomorrow Advancing Life", which reflects our vision to promote top learning opportunities for students through both high-quality teaching and content, as well as leading edge application of technology in the education experience. TAL Education Group offers comprehensive learning services to students from pre-school to the twelfth grade primarily through three flexible class formats: small classes, personalized premium services, and online courses. Our learning services mainly cover enrichment learnings programs and some academic subjects in and out of China. Our ADSs trade on the New York Stock Exchange under the symbol "TAL".
For further information, please contact:
Jackson Ding
Investor Relations
TAL Education Group
Tel: +86 10 5292 6669-8809
Email: ir@tal.com
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SOURCE TAL Education Group
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https://www.whsv.com/prnewswire/2022/04/19/tal-education-group-announce-fourth-quarter-fiscal-year-2022-financial-results-april-29-2022/
| 2022-04-19T03:00:20Z
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BEIJING, April 18, 2022 /PRNewswire/ -- Laiye, a leading global intelligent automation company, continues to attract investors as it seeks to accelerate international expansion and grow its team. The company announced the completion of its $160 million Series C funding round with the latest tranche at $70 million led by HOPU Magnolia, a high-growth enterprise technology-focused investment firm. Other investors include VMS Group and Youshan Capital, with existing investors such as Lightspeed China Partners and US-based Lightspeed Venture Partners also participating in this round.
Guanchun Wang, Chairman and CEO of Laiye said: "Laiye has made great strides in expanding its success in China to Asia Pacific, the Americas and EMEA. We envision a future where all organizations and people are transformed, emboldened and made better by the power of intelligent automation. An AI-enabled digital workforce developed from Laiye's integrated intelligent automation platform will help our customers accelerate their digital transformation journey. This new round of funding will continue to fuel our relentless product innovation and triple-digit YoY revenue growth in the years to come."
This funding round comes on the back of Laiye's recent acquisition of Paris-based Mindsay, a leading European enterprise conversation AI firm, and the establishment of a new R&D hub in Paris. Laiye plans to deploy the new capital to accelerate expansion in APAC, the Americas and EMEA. These regions represent Laiye's largest growth opportunity, where legacy Robotic Process Automation systems often leave businesses struggling to transform complex processes.
Over the past 12 months, Laiye more than doubled its team outside China to 100+ employees, about 15% of the total workforce, grew its partner network to 600+ strong and fostered one of the world's largest intelligent automation developer communities of more than 600,000 registered users globally.
HOPU Magnolia is the lead investor in this round, and Gunther Hamm, Co-Head of HOPU Magnolia, said: "HOPU Magnolia is thrilled to partner with Laiye, a leader in Intelligent Automation. We have known and tracked Laiye's progress closely since it was founded, and have watched it grow from strength to strength serving mid-market and global enterprises. It has fully established its business model and is rapidly growing its revenue and customer base."
Laiye focuses on enterprise customers in the insurance, communications, electric power, finance, retail, and healthcare industries to build end-to-end Intelligent Automation solutions. Global customers include Porsche, LVMH, AstraZeneca, Johnson & Johnson Medical, and Roche Pharmaceuticals. Already a market leader in China, Laiye provides Intelligent Automation solutions to Chinese companies such as China Southern Power Grid, PetroChina, Bank of China, China Construction Bank, China Unicom, China Mobile, and China Telecom.
Albert Lu, Head of Market Access and Innovation Digitalization at Johnson & Johnson, said: "Laiye has successfully implemented our conversational AI which helped to streamline and improve our communication with customers, making it more efficient, personalized, and cost-effective. Continuous data accumulation and mining enhance our chatbots' accuracy, thus improving our ability to serve our customers."
Ronen Lamdan, CEO of Laiye International, said: "At Laiye, we are striving to fulfil our mission of harnessing intelligent automation technology to liberate workers from mundane tasks, enhance workplace efficiency, and transform businesses at speed and scale. This latest round of financing will accelerate our business growth and enable us to serve more large enterprises, government organizations, and SMEs across the world."
"HOPU Magnolia, as HOPU's dedicated growth fund, seeks to help emerging businesses further accelerate their growth through access to HOPU's unparalleled resources. We are excited to help Laiye grow its business with core customers from across our unrivalled network of banks and large enterprises," said Jacqueline Zhang, Co-Head of HOPU Magnolia.
Press Office: Contact Sylvia McKaige sylvia.mckaige@salweengroup.com
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https://www.whsv.com/prnewswire/2022/04/19/tech-firm-laiye-closes-series-c-160-million-accelerate-global-rollout-intelligent-automation/
| 2022-04-19T03:00:28Z
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BENTON HARBOR, Mich., April 18, 2022 /PRNewswire/ -- Today the board of directors of Whirlpool Corporation (the "Company") declared a quarterly dividend of $1.75 per share on the company's common stock. The dividend is payable on June 15, 2022, to stockholders of record at the close of business on May 20, 2022.
Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home. In an increasingly digital world, the company is driving purposeful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit and Yummly. In 2021, the company reported approximately $22 billion in annual sales, 69,000 employees and 54 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com, or find us on Twitter at @WhirlpoolCorp.
We routinely post important information for investors on our website, whirlpoolcorp.com, in the "Investors" section. We also intend to update the Hot Topics Q&A portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the Investors section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.
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https://www.whsv.com/prnewswire/2022/04/19/whirlpool-corporation-declares-quarterly-dividend/
| 2022-04-19T03:00:35Z
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Adjusted sensors on ride contributed to Fla. teen’s death in fall
ORLANDO, Fla. (AP) - Sensors on a Florida amusement park ride had been adjusted manually to double the size of the opening for restraints on two seats, resulting in a 14-year-old boy not being properly secured before he slipped out and fell to his death, according to an initial report released Monday by outside engineers.
The average opening for restraints on the seats on the 430-foot (131-meter), free-fall amusement park ride located in the heart of Orlando’s tourist district was 3.3 inches (8.3 centimeters). However, the opening of the restraint for the seat used by Tyre Sampson, upon inspection, was as much as 7.1 inches (18 centimeters), and the one for another seat was as much as 6.5 inches (16.5 centimeters), according to the report commissioned by the Florida Department of Agriculture, which is investigating the accident.
Sampson was only 14 but already 6 feet, 5 inches tall (195 centimeters) and well over 300 pounds (136 kilograms) when he slipped out of his seat as the ride plunged to the ground at speeds of 75 mph (about 121 kph) or more. The restraint opening was over 6 inches (15.2 centimeters) at the start of the ride with Sampson in the seat but could have expanded to as much as 10 inches (25 centimeters) from the extra weight, the report said.
An inspection showed that sensors used to activate safety lights on the two seats, indicating the harness safety restraints were in place, had been adjusted to allow for the wider openings. The safety lights on Sampson’s seat and on the ride’s control panel were illuminated; if they hadn’t been, the ride would not have started. As the ride slowed down, Sampson slipped through a gap between the seat and safety harness, the report said.
As part of the investigation, two individuals — one 6 feet, 3 inches (190 centimeters) tall, the other 6 feet, 5 inches (195 centimeters), and both weighing between 200 and 300 pounds (90 to 136 kilograms) — were positioned in the seat with openings ranging from 6 to 10 inches (15 to 25 centimeters). They slipped through the restraint, the report said.
“The cause of the subject accident was that Tyre Sampson was not properly secured in the seat primarily due to mis-adjustment of the harness proximity sensors,” said the report from Quest Engineering and Failure Analysis, Inc.
The Orlando Free Fall ride, which is taller than the Statue of Liberty, didn’t experience any electrical or mechanical failures, the report said.
The release of the report marks the initial phase of the investigation into the teen’s death, and “we are far from done,” Agriculture Commissioner Nikki Fried said at a news conference in Orlando.
Fried said the 30-seat ride, located on a busy strip of International Drive in the heart of Orlando’s tourist district, would remain closed indefinitely.
The report said there were many other “potential contributions” to the accident and that a full review of the ride’s design and operations was needed.
In a statement, an attorney for the amusement ride’s owners, Orlando Slingshot, said the company had followed all protocols, procedures and safety measures provided by the ride’s manufacturer.
“Orlando Slingshot has fully cooperated with the State during the initial phase of its investigation, and we will continue to do so until it has officially concluded,” said Trevor Arnold, the attorney.
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This story has been edited to correct the name of the ride to Free Fall, not FreeFall.
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Follow Mike Schneider on Twitter at https://twitter.com/MikeSchneiderAP
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wvva.com/2022/04/19/adjusted-sensors-ride-contributed-fla-teens-death-fall/
| 2022-04-19T03:43:14Z
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Voter registration deadline for W.Va. primaries Tuesday
BECKLEY, W.Va. (WVVA) - The final day to register to vote in the 2022 West Virginia primaries is Tuesday, April 19. Those eligible can sign up or update their information by mail, at their county clerk’s office or online.
Voters must also confirm their party registration by Tuesday.
Jewell Spears Anguilar, the Wyoming County Circuit Clerk, encouraged West Virginians to be a part of the electoral process.
“Research the candidates, see what they stand for and vote for the candidate of your choice,” Anguilar said. “Just be a part of it.”
In-person early voting will begin on April 27 and last until May 7 between 9 a.m. and 5 p.m. at county courthouses and other designated locations.
Primary Day in West Virginia is set for May 10.
Copyright 2022 WVVA. All rights reserved.
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https://www.wvva.com/2022/04/19/voter-registration-deadline-wva-primaries-tuesday/
| 2022-04-19T03:43:22Z
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Two real estate companies announce merger in Blue Water Area
Two real estate companies have merged to expand operations in Michigan's Thumb region.
Bauer-Reno & Associates announced it has merged with the Real Estate One Family of Companies, a Michigan real estate brokerage.
The companies are merging to expand Real Estate One's operations and presence on the shoreline of Michigan's Thumb region, according to a press release from the company.
“Their sales associates are the most productive in their market with a great reputation of quality service,” said Dan Elsea, president of brokerage services for the Real Estate One Family of Companies. “We look forward to building on the strong position they have created.”
Real Estate One has a location in Port Huron. Steve Adams, the franchise owner, will combine his brokerage with the Bauer-Reno team, while the office will now be company-owned with Adams leading as the office manager.
The Port Huron branch will conduct business under the Real Estate One brand.
While there will be a new sign on the building, the office location for the Bauer-Reno team will remain the same. Sales associates will now be backed with additional resources to ensure every real estate experience is the best it can be, the company said.
Joe Bauer and Marc Reno have been serving the Blue Water area since 2006, and have 26 agents and staff on their team.
The Real Estate One Family of Companies have been in business for more than 90 years as a Michigan-based company. Entering its fourth generation of family ownership, the Real Estate One Family of Companies consists of real estate brands Real Estate One, Max Broock, Johnstone & Johnstone, Charles Reinhart Company, Remerica and MBA Realty.
Contact Laura Fitzgerald at (810) 941-7072 or lfitzgeral@gannett.com.
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https://www.thetimesherald.com/story/news/2022/04/18/blue-water-area-real-estate-companies-announce-merger/7357899001/
| 2022-04-19T04:35:04Z
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https://www.thetimesherald.com/restricted/?return=https%3A%2F%2Fwww.thetimesherald.com%2Fstory%2Fnews%2F2022%2F04%2F18%2F18-m-assisted-living-project-works-land-behind-school-st-clair%2F7332771001%2F&gnt-tng-s=1
| 2022-04-19T04:39:18Z
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Amelia Hoppe Named Executive Director of Emergency Legal Responders
NEW ORLEANS – Emergency Legal Responders has announced the hiring of Amelia Hoppe as executive director. ELR’s mission is to provide “tailored, easily digestible legal information and services to help people faced with legal emergencies.” The nonprofit’s work to date has been managed by volunteers.
“Our board is proud that Hoppe is taking the reins as we grow and transition from an entirely volunteer-run organization,” said Caitlin Morgenstern, ELR board president, in a press release. “This transition comes at a crucial time as our region is still recovering from multiple recent disasters and demand for our services continues to increase.”
Hoppe, a founding member of Emergency Legal Responders, is a native southerner who has weathered her fair share of natural disasters. She has firsthand experience working in disaster environments as both an attorney and as a community member. She has previously held positions at the Louisiana Civil Justice Center and the Orleans Public Defenders Office.
“I’m honored to step into this role and increase ELR’s capacity to provide easy access to civil legal information and services to people faced with emergencies in Louisiana, the Gulf Coast and beyond,” said Hoppe. “I’m looking forward to working with community members and advocacy organizations to provide critical services for those in need.”
ELR is currently focusing on responding to the needs of those impacted by the Arabi tornado and Hurricane Ida. It has has partnered with the United Houma Nation, Information Technology Disaster Resource Center and Imagine Waterworks.
ELR’s current work is supported by the Center for Disaster Philanthropy’s Atlantic Hurricane Season Recovery Fund and the Greater New Orleans Foundation Response and Restoration Fund.
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https://www.bizneworleans.com/amelia-hoppe-named-executive-director-of-emergency-legal-responders/
| 2022-04-19T05:00:33Z
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Christian Shane International Welcomes 2 New Directors
NEW ORLEANS — Christian Shane Properties and Christian Shane Development, subsidiaries of Christian Shane International, announced the hiring of two new directors. Adam J. Stahura is the company’s new regional sales director of Christian Shane Properties, and Melissa Fitzgibbon is the new director of Christian Shane Development.
Stahura, also the sponsoring broker for Christian Shane Properties, has nearly 17 years of real estate experience. He achieved over $75 million in sales volume during his first year as director of sales at one of the largest real estate teams in Destin, Fla. Since arriving in New Orleans over three years ago, he increased lead generation for his brokerage by over 300%. He is an American Marketing Association honors graduate of University of West Florida, earning a Bachelor of Science in business administration.
“During a meeting right after Hurricane Ida in 2021, I knew I wanted to somehow be a part of Christian Shane Properties after hearing his vision of creating a large-scale luxury brokerage focused on elevating the look, feel and experience for associates and clients alike,” he said.
Fitzgibbons brings a wide range of experience and expertise to the development division of Christian Shane International. After procuring her Bachelor’s in Interior Design, she entered the design industry managing an exclusive Magazine Street showroom.
“Our projects are purposefully and intentionally rich in character and history,” she said. “Every day I feel I’ve witnessed or engaged in concepts that inspire both our company and clients.”
“The company continues to grow thanks to the innovation and inspiration of the people surrounding the brand,” said Christian Galvin, chief strategist of Christian Shane International. “It’s an honor to be in business with people who believe in the vision and who drive the organization forward across the Gulf States region.”
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https://www.bizneworleans.com/christian-shane-international-welcomes-2-new-directors/
| 2022-04-19T05:00:39Z
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Convention Center Completes Series of Energy Saving Initiatives
NEW ORLEANS – From the New Orleans Ernest N. Morial Convention Center:
NOENMCC has completed a major energy-saving initiative. The energy efficiency upgrades – including an overhaul of the facility’s lighting and HVAC systems – are expected to save hundreds of thousands of dollars and millions of kilowatt hours.
“Not only will these energy efficiency upgrades lessen the impact that the Convention Center has on the environment, they will also improve the experience our guests have when they visit the facility,” said Linda Baynham, director of sustainability at the convention center. “These upgrades improve the client experience, while reducing environmental cost. We will continue to pursue energy-saving opportunities that support our mission of delivering results for our internal and external customers.”
The facility upgrades represent a step toward the center’s plan to achieve LEED Certification, which provides a framework for healthy, highly efficient and cost-saving green buildings.
Among several other initiatives, the NOENMCC completed the following projects:
- Replaced over 4,000 light fixtures with LEDs in the 1 million sq. ft. exhibit hall
- Installed over 40 miles of new wiring with over 30,000 man hours of skilled labor
- Retrofitted more than 2,000 light fixtures throughout the Convention Center’s offices, corridors, and stairwells
- Replaced four 1,200-ton water cooled chillers with new high efficiency systems
- Rebuilt the facility’s heating, ventilation and air conditioning (HVAC) plant with a new control room and operations center
- Installed more than 60 energy-efficient water bottle filling stations
- Upgraded 36 sets of restrooms with low-flow fixtures
Through these projects, the center awarded $11 million in contracts to small and emerging businesses in the community and participated in Energy Smart, an energy efficiency program developed by Entergy and the New Orleans City Council. Although much has been completed, there will be more improvements to come. The center is currently investigating electric vehicle charging stations, solar power options, and plans to install a reflective roof to further reduce both energy use and the heat island effect, the significantly hotter temperatures common in urban areas as compared to surrounding rural landscapes.
“These issues are very real, and we are examining every detail of our facility and operations, as we continue our work to reduce the Convention Center’s carbon footprint,” said Michael J. Sawaya, the facility’s president. “As a hub for the local community and visitors to our city, we are committed to making sustainability a focus of everything we do moving forward.”
“We are very proud of the work that has been accomplished and look forward to our sustainable future in our upcoming improvement plans,” said Convention Center Vice President of Operations Adam J. Straight. “We are ready to lead these efforts and will continue to make improvements that will have a positive impact on the city, state, region and beyond.”
This year, the NOENMCC will conduct a Level II Energy Audit which will measure how well the facility’s current energy-saving measures are operating and offer suggestions for more areas of improvement. For more information on the Convention Center and its sustainability initiatives, visit https://mccno.com/sustainability/.
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https://www.bizneworleans.com/convention-center-completes-series-of-energy-saving-initiatives/
| 2022-04-19T05:00:45Z
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Energy Smart Program Celebrates 11 Years
NEW ORLEANS (press release) — With rising prices in the marketplace for day-to-day items, it’s more important now than ever that customers have tools to help save money on their electric bills.
For 11 years, the award-winning Energy Smart Program has empowered residential and business customers to make energy efficiency decisions that are right for their homes and businesses. To date, Energy Smart has paid more than $36 million in incentives to more than 98,000 participants, saving customers nearly 288.8 million kWh.
“At Entergy New Orleans, our partnerships with our customers are rooted in the economic reality of the communities we serve. We know that by reducing monthly energy bills, energy efficiency can lessen the strain of paying for energy, especially for families with high energy usage,” said Deanna Rodriguez, president and CEO of Entergy New Orleans. “We are committed to delivering innovative programs to help customers manage electricity usage and help them recognize the benefits that energy efficiency can provide, such as lower utility bills, increased system reliability and the reduction of greenhouse gas emissions.”
Energy Smart offers comprehensive and innovative energy efficiency solutions to help Entergy New Orleans residential and business customers save energy and money by reducing the up-front cost of a variety of energy efficiency upgrades. The program works with participating partners, local trade allies and retailers to help customers find new ways to save energy through installation or implementation of energy efficiency measures.
Programs for residential customers include in person and virtual home assessments, A/C solutions and retail lighting and appliance discount opportunities. For businesses, the Energy Smart Program provides cash incentives for completing energy efficiency improvements to existing and new buildings such as LED lighting, lighting controls, HVAC, building automation, chillers, motors, retro-commissioning, and demand response.
Energy Smart was instrumental in assisting small and large commercial customers in New Orleans recover from Hurricane Ida through its Hurricane Ida Recovery Fund. Eligible customers were able to use the fund to cover up to 100% of the cost for new energy efficiency projects. The fund distributed more than $375,000 in incentives to 24 business customers to complete projects that saved more than 7,000,000 kWh.
For its efforts, and the positive impacts the program has had for customers, the Energy Smart program has received multiple ENERGY STAR Partner of the Year Awards for its exemplary commitment and dedication to energy efficiency.
Energy Smart was developed by the New Orleans City Council and administered by Entergy New Orleans. For more information, visit https://www.energysmartnola.info/.
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https://www.bizneworleans.com/energy-smart-program-celebrates-11-years/
| 2022-04-19T05:00:52Z
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Fuji Vegetable Oil Celebrates Grand Opening in Jefferson Parish
AVONDALE, La – From the Jefferson Parish Economic Development Commission:
JEDCO, in coordination with Jefferson Parish and Louisiana Economic Development, celebrated the grand opening of Fuji Vegetable Oil’s new processing facility in Avondale on Wednesday. The global specialty oil and fat producer broke ground in late 2018 on a $70 million food processing, storage, and distribution complex on property owned by International-Matex Tank Terminals (IMTT) with construction completed in August 2021. The company created 45 direct jobs with an average annual salary of $77,000, plus benefits.
Founded in 1987, Fuji Vegetable Oil is a leader in the production of ingredients for the commercial food industry. Fuji’s fats and oils are used in a variety of industries and can be found in a wide array of products, including desserts, infant formula, frying fats, and soaps.
The company processes palm oil, palm kernel oil, sunflower oil, and coconut oil at the Jefferson Parish complex. The oils are received by the IMTT Avondale terminal via vessels from around the globe, primarily from Southeast Asia to Europe. The oil is refined at the new facility and then shipped via railcars and bulk tankers to customers throughout North America.
The project represents the attraction of foreign direct investment to Jefferson Parish, with Fuji Vegetable Oil owned by Fuji Oil Holdings of Japan. The Jefferson Parish complex is the company’s second location in the United States.
“One of Fuji’s core values is ‘work for people’,” said Fuji Vegetable Oil’s President, Andrew Bunger.
“We are excited, not only about the opportunity to expand and strengthen our business in the United States but also, to join the Avondale and Jefferson Parish communities. We pride ourselves on being good neighbors and look forward to building on the successes we’ve had over the past three decades in Savannah.”
In addition to the construction of the processing facility, IMTT installed new pipelines to transport the raw materials to seven storage tanks adjacent to the Fuji facilities. Pipelines have proven to be the safest and most environmentally friendly method of transporting materials. The Fuji plant, along with the IMTT improvements, will bring over $115 million in capital investment to Jefferson Parish.
“IMTT is excited to provide the land, pipelines and tanks for this processing development in Avondale. Fuji is a great partner as it shares our core values and commitment to the communities where we operate. This investment continues our strategy to supplement our legacy terminals business with storage and handling of alternative products including edible oils,” said IMTT Chairman & CEO Carlin Conner.
JEDCO played an important role in the attraction of Fuji Vegetable Oil to Jefferson Parish. The organization coordinated meetings with Jefferson Parish leaders and provided tax incentive guidance. JEDCO also facilitated meetings for the company with Delgado Community College Advanced Manufacturing Center to discuss workforce training opportunities. In addition to those services, Louisiana Economic Development offered Fuji Vegetable Oil a competitive incentive package and access to the comprehensive solutions of LED FastStart, the nation’s number one state workforce training program. The company also received a $250,000 award through the state’s Economic Development Award Program, which will be used for infrastructure improvements to the site. Fuji is expected to utilize Louisiana’s Quality Jobs and the Industrial Tax Exemption Programs.
“The commissioning of this global company’s plant on the West Bank places our community at a strategic advantage,” said JEDCO President and CEO Jerry Bologna. “The start of operations at the Fuji Vegetable Oil plant generates job creation, foreign direct investment, and a long-term vision for the future of Jefferson Parish. Moreover, their partnership with IMTT showcases how our companies work in tandem to increase production and move products all over the world from right here in Jefferson Parish. We look forward to a continued relationship with Fuji Vegetable Oil as they deepen their roots in our community.”
Fuji Vegetable Oil selected Jefferson Parish due to its skilled workforce, its proximity to new markets, and its strong shipping infrastructure, including access to international waters, which will be vital to the company’s import of raw materials and export of finished products.
“This is an exciting moment for Jefferson Parish,” said Jefferson Parish President, Cynthia Lee Sheng. “We have long touted Jefferson Parish as a destination for business because of our strong workforce, unique assets, accessibility, and pro-business climate. Fuji’s presence and launch of operations in Jefferson Parish reaffirms those claims and creates significant opportunities for our residents while also placing us in a position to attract additional international companies. I am pleased to celebrate the commissioning of this plant in Jefferson Parish. We look forward to a long partnership with the company.”
“Fuji Vegetable Oil ties into many of our targeted industry clusters, such as food and beverage and logistics, in Jefferson Parish,” said District 2 Councilman Deano Bonano. “This international manufacturer created skilled jobs in areas of focus for our community and their expansion plans are set to add additional value as they continue to grow this clean industry in Jefferson Parish. We are proud to support their operations in Jefferson Parish.”
“The opening of the Fuji Vegetable Oil complex speaks to Louisiana’s position as a gateway to increasing globalization, which is clearly having a positive impact on local communities,” LED Secretary Don Pierson said. “In 2021, international companies announced $7.3 billion of new investment in Louisiana. In fact, we have secured more foreign direct investment per capita than any other state. Fuji’s commitment to Jefferson Parish means new jobs and new contractor and vendor opportunities for West Bank small businesses. Congratulations to JEDCO and all of our partners at the regional and local level who came together to support this project.”
Fuji Vegetable Oil anticipates a planned Phase 2 expansion in the near future as the market for healthy, sustainably produced oils increases. The expansion will double capacity and will create an additional 16-20 permanent jobs. The Jefferson Parish complex currently operates 24 hours/day, 7 days a week.
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https://www.bizneworleans.com/fuji-vegetable-oil-celebrates-grand-opening-in-jefferson-parish/
| 2022-04-19T05:00:58Z
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BATON ROUGE (The Center Square) — U.S. home sales skyrocketed during the COVID-19 pandemic – hitting a 15-year high of 6.1 million in 2021. The spike in demand, coupled with declining inventory, have put upward pressure on housing prices. Renters have not been spared, as housing has become one of the key drivers of surging U.S. inflation.
According to the Economic Policy Institute, a nonprofit think tank, a family of four – two adults and two children – can expect to pay an estimated $15,031 on housing in 2022. This amount varies across the country, however.
In Louisiana, a family of four will spend an average of $11,046 on housing per year, the 21st lowest amount among states, according to the EPI’s Family Budget Calculator. This amount reflects both housing and utilities costs for a modest two-bedroom rental.
Housing costs are partially driven by what residents can afford, and states with higher rental costs also often have higher than average family incomes, and vice-versa. Louisiana is no exception. Just as housing costs are lower than average in Louisiana, so, too, are incomes. The typical family in the state earns $65,427 a year, compared to the national average of $80,069.
Housing cost figures in this story are 2022 estimates from the EPI and family income figures are five-year estimates from the U.S. Census Bureau’s 2020 American Community Survey.
By Samuel Stebbins of 24/7 Wall Street via the Center Square
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https://www.bizneworleans.com/how-much-it-costs-to-house-a-family-of-4-in-louisiana/
| 2022-04-19T05:01:04Z
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La. Senate Passes Bill to Allow Retired Teachers to Return to Classroom
BATON ROUGE (The Center Square) — Legislation that could help alleviate a critical teacher shortage in Louisiana by allowing retirees to return to work without losing benefits passed the Senate.
Senators approved Senate Bill 434, sponsored by Sen. Cleo Fields, D-Baton Rouge, with a vote of 33-0 to allow certified teachers who retired before July 1, 2020 to be rehired without losing state retirement benefits.
“When I entered Southern University, the largest department at the college was the department of education,” Fields said. “Today, the smallest department is the department of education.
“In fact, the last graduation there was only three students that graduated in the department of education,” he said.
SB 434, which was passed by the Senate on Wednesday, requires a 12-month waiting period for retired teachers to return. Local school districts must identify a critical shortage in math, science, English, language arts, or special education and the bill allows schools to use maternity, military, sabbatical and extended sick leave to justify the need.
Fields noted SB 434 “is supported by all of the educational groups.”
SB 434 is meant to be a temporary fix to the teacher shortage facing K-12 schools across the state before a sunset provision in 2025. An amendment added to the bill in committee would require school employers to advertise vacancies to area teacher training programs before filling a position with a retiree.
“I want to make sure those individuals who are in college, who are getting an education, that they’re getting an opportunity to fill these positions,” Sen. Barrow Peacock, R-Bossier City, sponsor of the amendment, said in committee. “I don’t want them to be overlooked.”
Louisiana State Superintendent of Education Cade Brumley said in a webinar hosted by the Public Affairs Research Council last week that about 50,000 students are impacted by the current teacher shortage, mostly because there’s not enough certified and qualified teachers to fill open positions.
“We believe we have about 2,520 certificated vacancies throughout the state of Louisiana,” Brumley said. “If you do the simple math, and say each one of those positions would impact 20 kids just at a minimum, you’re looking at about 50,000 kids that are impacted every single day.”
Peacock also successfully amended SB 434 on the Senate floor to include the same flexibility for rehiring retirees to fill adjunct professor positions in higher education nursing programs, if the retirees have been retired for at least a year, did not retire based on disability, have at least 30 years of creditable service in the retirement system, and are at least 62 years old.
“This will allow us to bring back those retirees who dedicated their careers to the state of Louisiana … to come back and help for nursing only,” Peacock said.
Like teacher retirees, the change would require higher education institutions to advertise the open positions in an attempt to court new instructors before rehiring retirees. The nursing provision would include a sunset in 2027.
“This is something I think we need to address on the front end, that’s why there’s a sunset,” Peacock said, adding a long-term solution to the shortages should be a priority. “But … I do have to acknowledge what higher education has (highlighted), they need qualified people who can teach our nurses.
“We need nurses, that’s not only for education but for healthcare, too.”
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https://www.bizneworleans.com/la-senate-passes-bill-to-allow-retired-teachers-to-return-to-classroom/
| 2022-04-19T05:01:10Z
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Langenstein’s Hosts Centennial Celebration
NEW ORLEANS — Langenstein’s, which claims the title of New Orleans’ oldest, full-service grocery store, will celebrate its centennial year on Thursday, April 21 at its 1330 Arabella Street location. Scheduled from 4 p.m. to 7 p.m., the event will feature free food and drinks plus music from Delfeayo Marsalis and the Uptown Jazz Orchestra.
Some history courtesy of the retailer’s marketing department:
“Langenstein’s is New Orleans’ oldest grocery store serving catering and local specialties since 1922. When Michael Langenstein and his sons, George and Richard, opened Langenstein’s supermarket in the early 1920s, their goal was to carry the best meat and seafood in New Orleans. Little did they know that their small corner grocery store would grow to become one of New Orleans’ finest food markets serving both locals and visitors alike. In 1954, the grocery store outgrew the original storefront and relocated from 1300 Arabella Street, presently the home of Prytania Wine & Spirits and also run by the Lanaux family, to 1330 Arabella Street, where Langenstein’s still is today. In 1994 with the success of the Uptown store, Langenstein’s opened a second location in Metairie. And in 2015, River Ridge became home to the third and newest location of Langenstein’s. The new location anchors a new 47,000-square-foot ‘Langenstein’s Center’ shopping center at the corner of Sauve Road and Jefferson Highway in River Ridge.”
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https://www.bizneworleans.com/langensteins-hosts-centennial-celebration/
| 2022-04-19T05:01:16Z
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Now’s the Time to ‘Dust Off’ Your Online Presence
NEW ORLEANS — The Final Four showed that New Orleans is back open for business. Now is the time to get ready to welcome tourists back for festival season and beyond. With so much time off, we may be a little rusty, and some things – especially online – have changed. And, with our focus on keeping the doors open and our teams engaged, we may not have been paying attention to some important, but seldom urgent, aspects of our customer communications. Now is the time to find those passwords and dust off your online presence to be ready for the return to “full swing.”
To customers, your digital footprint is a critical first impression of your business. The look, feel and tone of your digital footprint is the starting point for building that consumer’s trust in your brand. Arguably, your online presence is your most accessible location. Make sure to leave that door open and be ready to welcome them. What you communicate to customers can be the difference between them walking in the door, or moving on down the road.
What is your digital footprint? It’s exactly what it sounds like. It is any assets on the internet that represent your brand: websites, social media channels, online directory listings, and other digital spaces where your customers may find your brand.
French Quarter and Jazz Fest are just around the corner, so now is the time to prepare. Review your digital footprint with a critical eye. Ask an outsider to review them, too. It may surprise you what someone outside of your organization notices.
Here are three key elements of your company’s digital footprint to review now before the next wave of tourists arrive in town:
- Website: Pull up your website and revisit it with fresh eyes. Are the hours updated? Are the offerings correct? Are the photos updated? Are the prices accurate? If you have content, is it accurate? Is the date recent? How often should you be updating? Follow the rule of three. Update or review the content every three months and update the website every three years.
- Social Media: Follow the same process as your website. Pull up your social media channels. What do they look and feel like? What are you communicating about your brand? How do they stack up against competitors? Also, consider your plan for updating content on social media platforms. What does that schedule look like? Who is curating and developing content? If you can, post once a day, and no less than three times a week.
- Review Sites: Third party sites such as Google, Yelp, TripAdvisor, OpenTable, and others are also part of your company’s digital footprint. Keep your company’s pages updated there as well. Third party reviews and ratings add credibility which is why consumers turn to them. Meet your consumer where they already are with relevant information. Don’t be afraid to ask for reviews from happy customers. The unhappy ones are going to come and it’s important you present a balanced view. And finally, be on the lookout for new features. Does that review site now offer Q&A? Surely your answer would be better than some random person on the internet.
The basics of your online presence aren’t so basic anymore. They can, however, set you up for success before that customer walks in the door. Don’t make it hard for customers to do business with you. Make it easy.
Let’s help our guests laissez les bons temps rouler, and show them what New Orleans does best!
Will Scott is a digital marketing veteran known for coining the phrase “barnacle SEO” in 2008, after founding Search Influence in 2006. He is frequently invited to present at marketing and other industry conferences. Since publishing his first website in 1994, Scott has led teams responsible for creating thousands of websites, building hundreds of thousands of pages in online directories, and delivering millions of visits from search.
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https://www.bizneworleans.com/nows-the-time-to-dust-off-your-online-presence/
| 2022-04-19T05:01:23Z
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Small Cities Fear Missing Out on Federal Infrastructure Help
ST. LOUIS (AP) — When Hurricane Ida hit last summer, a storm surge overwhelmed a levee and gushed into Ted Falgout’s coastal Louisiana home, destroying his furniture and the beloved framed photos of his twin sons kissing him on their first day of school, then again when they graduated high school.
“That water was probably 60% mud,” said Falgout, who’s hoping relief is on the way for his community in Larose, about 30 miles southwest of New Orleans.
As climate change makes hurricanes stronger and wetter and increases storm surges, cities on the Louisiana coast and Mississippi River are hoping President Biden’s $1.2 trillion infrastructure package will provide badly needed funding to fortify locks, levees and other flood protections. But community groups and advocates fear smaller cities will struggle to navigate the maze of government programs and miss out on the rare chance to protect against rising waters and heavy rains.
“I think the agencies are still figuring a lot of this out,” said Colin Wellenkamp, executive director of the Mississippi River Cities and Towns Initiative, which advocates for communities along the river.
While many swaths of the country are at risk for flooding, the Louisiana coast has long been especially vulnerable and the Upper Mississippi is part of a region where flood severity is increasing faster than in any other area of the country.
La Crosse, Wisconsin is among the cities trying to figure out how to benefit as infrastructure funds start rolling out.
The city’s levees were built after devastating flooding in 1965 and don’t meet federal standards that would help lower insurance rates and make it easier for residents to fix up their homes without having to spend more to protect against floods, said Brad Woznak of SEH, a flood planning consultant for the city.
Upgrading the levees would be so expensive it’s hard for the city to know how to get started, he said.
“But with this potential infrastructure bill funding, that’s what I keep telling them — don’t rule anything out yet,” Woznak said, noting that it could be a chance to pay for an initial evaluation for the project.
Some advocates want agencies to make it easier for communities to learn about funding opportunities and ensure that simple applications from small towns will be able to compete against more sophisticated proposals from richer cities. They also want more clarity into how the Biden administration considers factors like economic and environmental inequality in its funding decisions.
The Biden administration is asking states to make climate resilience a part of their long-term planning and encouraging projects that factor in flood risk. It tapped Mitch Landrieu, the former mayor of New Orleans, to help coordinate the law’s implementation and outreach to communities
“There needs to be a concerted effort by the administration and federal government to engage states and localities now,” said Forbes Tompkins, a flood policy expert at Pew Charitable Trusts.
The Environmental Protection Agency also said it will offer assistance to disadvantaged areas and states have money to help small communities access funding for drinking and wastewater projects. Rural communities are also getting special guidance on tapping into the money.
But further complicating the scramble for funding is debate about the best approaches for protecting against floods. In addition to protections like levees and floodgates, Congress directed the Army Corps to more seriously consider natural solutions like the restoration of wetlands.
Wetlands help absorb water before it can reach communities while restoring wildlife habitat, recharging groundwater and providing more green space, noted Olivia Dorothy of the conservation group American Rivers.
After flooding in 2019 breached a levee in northwest Missouri on the Missouri River, for example, the levee was moved back to create more than 1,000 acres of floodplain and added wetlands.
Dorothy said more natural protections are especially needed along the Mississippi.
In Louisiana, Larose is among the small communities that were lucky enough to benefit from early funding from the infrastructure law because of a long-running project in the broader area.
In January, the Army Corps allocated $379 million to continue work on a series of locks, levees and other structures that will help protect 150,000 residents in coastal Louisiana. Once completed, local officials said the Morganza-to-the-Gulf project will likely shield Falgout’s home from another storm like Ida.
For now, Falgout and his wife are living in their boathouse while their home is repaired. The property had escaped flooding in the past but Falgout said the shrinking Louisiana coast is making it more vulnerable.
“It would be a shame to walk away,” he said.
By AP reporter Michael Phillis
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https://www.bizneworleans.com/small-cities-fear-missing-out-on-federal-infrastructure-help/
| 2022-04-19T05:01:29Z
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Woman’s body found in box at Houston apartment complex
HOUSTON (KPRC) - A man has been detained after a woman’s body was found inside a box in Houston, according to authorities.
Police say a maintenance man reported a suspicious box with a bad odor at 11:58 a.m. Sunday outside an apartment complex in southwest Houston. Firefighters arriving on scene found a woman’s body in the box.
It is unclear how the woman, whom police believe to be 35 years old, died. Her identity has not been released.
Detectives say surveillance video captured a person carrying a U-Haul box on a dolly, dropping it and then walking away.
A man was detained and could face charges relating to the case, including abuse of a corpse. Police are still determining whether he was the person seen in the video.
Copyright 2022 KPRC via CNN Newsource. All rights reserved.
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https://www.wvva.com/2022/04/19/womans-body-found-box-houston-apartment-complex/
| 2022-04-19T05:12:48Z
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CHEYENNE – Laramie County School District 1 Superintendent Margaret Crespo announced the completion of the district’s new strategic plan for 2022-27 at the school board's meeting Monday.
Educators, families and students in the community have been working with the administration throughout the past year to develop the three pillars of student readiness, community engagement and healthy environment. The framework is designed to create a pathway to the overarching goal of elevating students and their futures, Crespo said.
Speaking with reporters, Crespo said the greatest opportunity, and one of the challenges, in bringing stakeholders together to give input on the plan was making sure administrators were listening in a way that resonated with those who were providing their feedback. One of the most empowering moments for her was during a feedback session, when a parent looked up to see language she contributed to the document, and said she was grateful to see results in the process.
“I would say that was something we wanted to make sure we did,” Crespo said, “to build trust and have people understand that we really knew this strategic plan belongs to our community, and belongs to our kids and our parents.”
The first pillar discussions led to was student readiness, or the intention to prepare students for their futures through an engaging and enduring education. District officials implemented phases between one and five years for each pillar, and under student readiness, the start is implementing a detailed vision of high quality and engaging instruction in one to three years. They want stakeholders to understand and participate in comprehensive and seamless transition experiences in the same time frame.
Ensuring every student has access and opportunity to meet or exceed their growth expectations in reading and math is the next priority for between two and four years. Aligning curriculum and opportunities pre-kindergarten to 12th grade for every student and parent to goals for postsecondary readiness is the long-term goal for three to five years.
The pillars and priorities making them up are broad, but Crespo said policies and the ways in which they are implemented will be tracked through a website that is launching Tuesday. (This news article will be updated once this web address is available.)
The new site is to hold the district accountable for implementing the strategic plan for 2022-27. The superintendent reminded stakeholders it is a continuously improving document.
“We want to make sure that we’ve got the flexibility to meet the child’s needs based on where they are through the strategic plan, but measuring it through the outcomes,” she said. “So, where we’ll see the tighter component will be in the outcome forward-facing dashboard around how we’re doing, and then we’ll be reporting moving forward around specific initiatives.”
Communicating is an important piece of the next pillar. The goal is to develop and nurture collaborative relations with shared goals and responsibilities to promote LCSD1 and greater community. All three of the specific initiatives under that pillar are on a one- to three-year timeline, with focus on engaging stakeholders, creating a team-based environment and having partnerships beyond the classroom.
The plan lays out how the district hopes to continue providing a physically and emotionally safe environment for everyone. In the next one to three years, the goal is to provide multi-tiered systems of support that foster the intellectual, physical, mental and social-emotional growth of each student. Similar needs are desired for all staff over a two- to four-year timeline. And the longest-term goal is to provide exceptional facilities and system-wide operations for all stakeholders in three to five years.
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https://www.wyomingnews.com/news/in_our_schools/lcsd1-announces-new-strategic-plan/article_1d34beae-57e0-531c-ab2d-48ba4d5ddc86.html
| 2022-04-19T05:17:57Z
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...RED FLAG WARNING IN EFFECT FROM NOON TO 7 PM MDT TUESDAY FOR
STRONG WINDS AND LOW HUMIDITY FOR FIRE WEATHER ZONES
430...431...432...433...
* AFFECTED AREA...Fire weather zone 430, 431, 432 and 433.
* WIND...Southwest to west winds 20 to 25 mph with gusts to 40
mph.
* HUMIDITY...Minimum 9 to 13 percent.
* IMPACTS...any fires that develop will likely spread rapidly.
Outdoor burning is not recommended.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
A Red Flag Warning means that critical fire weather conditions
are either occurring now....or will shortly. A combination of
strong winds...low relative humidity...and warm temperatures can
contribute to extreme fire behavior.
&&
AFM asks for nominees for inaugural class of Hall of Fame members
CHEYENNE – The Association of Air Force Missileers Board of Directors is publicly announcing a call for nominees for the inaugural class of AFM Hall of Fame. The deadline for submissions is June 1.
The AAFM Board of Directors recently voted to establish the AFM Hall of Fame, recognizing individuals who have significantly contributed to the success of this enduring mission in the areas of operations, maintenance, security, supply, engineering, services and special duty assignments.
To qualify for consideration, nominees must have:
Made significant contributions toward the development, operations, maintenance, security and support of the nation’s missile force, including USAF nuclear missile weapons systems: Snark, Matador/Mace, Thor, Atlas, Titan, Minuteman, Ground Launched Cruise Missiles, small ICBM, Peacekeeper, Ground Based Strategic Deterrent and others.
Exhibited characteristics that prove them to be noteworthy in all areas of work, discipline, reliability, aptitude, achievement, responsibility and motivation through a lifetime of support to the USAF missile enterprise or through a single event that warrants consideration for induction into the HOF.
Eligibility includes Air Force officers, NCOs and civilians (DoD, contractors, political figures).
Nominees need not be members of AAFM.
Applications for the AFM HOF will be scored using the following selection criteria:
Career Missile Accomplishments
Contributions to the USAF Missile Mission
Missile Assignments
Leadership
Personal Character
Community Service
Nominations should be submitted on a single page, single-spaced, Times New Roman 10-point font in Microsoft Word or Adobe PDF format providing a summary of accomplishments. The nomination package should include the email, phone number and postal address of the nominee or closest family member if the award is to be presented posthumously. The nomination package may include an 8x10 color (if available) photo (to be used for the exhibit).
According to their mission statement, the AAFM is committed to the preservation and celebration of U.S. Air Force missile heritage, advocating for the nuclear deterrence mission since 1993.
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https://www.wyomingnews.com/news/local_news/afm-asks-for-nominees-for-inaugural-class-of-hall-of-fame-members/article_50dd054a-b1bf-530c-bc3f-f86e004e1b46.html
| 2022-04-19T05:18:03Z
|
...RED FLAG WARNING IN EFFECT FROM NOON TO 7 PM MDT TUESDAY FOR
STRONG WINDS AND LOW HUMIDITY FOR FIRE WEATHER ZONES
430...431...432...433...
* AFFECTED AREA...Fire weather zone 430, 431, 432 and 433.
* WIND...Southwest to west winds 20 to 25 mph with gusts to 40
mph.
* HUMIDITY...Minimum 9 to 13 percent.
* IMPACTS...any fires that develop will likely spread rapidly.
Outdoor burning is not recommended.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
A Red Flag Warning means that critical fire weather conditions
are either occurring now....or will shortly. A combination of
strong winds...low relative humidity...and warm temperatures can
contribute to extreme fire behavior.
&&
Average Wyoming gasoline prices decline by less than a cent
CHEYENNE – Average gasoline prices in Wyoming have fallen 0.9 cents per gallon in the last week, averaging $4.02 per gallon Monday, according to GasBuddy.com's survey of 494 stations in Wyoming.
Prices in Wyoming are 3.4 cents per gallon higher than a month ago, and stand $1.12 per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Wyoming was priced at $3.59 per gallon Sunday, while the most expensive was $5.25, a difference of $1.66 per gallon.
The national average price of gasoline has fallen 3.8 cents per gallon in the last week, averaging $4.06 per gallon Monday. The national average is down 21.1 cents per gallon from a month ago and stands $1.21 per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.
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https://www.wyomingnews.com/news/local_news/average-wyoming-gasoline-prices-decline-by-less-than-a-cent/article_6ddb8593-6643-54fc-adf8-cbf68484e9c1.html
| 2022-04-19T05:18:09Z
|
...RED FLAG WARNING IN EFFECT FROM NOON TO 7 PM MDT TUESDAY FOR
STRONG WINDS AND LOW HUMIDITY FOR FIRE WEATHER ZONES
430...431...432...433...
* AFFECTED AREA...Fire weather zone 430, 431, 432 and 433.
* WIND...Southwest to west winds 20 to 25 mph with gusts to 40
mph.
* HUMIDITY...Minimum 9 to 13 percent.
* IMPACTS...any fires that develop will likely spread rapidly.
Outdoor burning is not recommended.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
A Red Flag Warning means that critical fire weather conditions
are either occurring now....or will shortly. A combination of
strong winds...low relative humidity...and warm temperatures can
contribute to extreme fire behavior.
&&
Bureau of Land Management Wyoming issues notice for oil and gas lease sale
CHEYENNE — Following an injunction from the Western District of Louisiana, the Bureau of Land Management Wyoming State Office on Monday issued a final environmental assessment and sale notice for a June 21-22 lease sale.
Monday’s notice incorporates recommendations from the Department of the Interior’s Report on the Federal Oil and Gas Leasing Program, as well as other reports issued by the Governmental Accountability Office and Congressional Budget Office, according to a news release.
The BLM is applying a first-ever increased royalty rate of 18.75% for the leases sold in the current competitive lease sales, in keeping with rates charged by states and private landowners.
The BLM Wyoming State Office will move forward with its modified proposed action, Alternative 3, as analyzed in DOI-BLM-WY-0000-2021-0003-EA, by offering 129 parcels containing about 131,771 acres of public minerals. The parcels will be offered at the online oil and gas lease sale, which can be accessed at www.energynet.com.
Additionally, Monday’s posting of the sale notice initiates a 30-day public protest period that ends on May 18. You can submit protests on the offered parcels through the link on the sale’s ePlanning site, https://eplanning.blm.gov/eplanning-ui/project/2015621/570; via email to blm_wy_lease_sales@blm.gov; or by mail to Bureau of Land Management Wyoming, Fluid Minerals, 5353 Yellowstone Road, Cheyenne, WY 82009. All protests must be submitted by 4:30 p.m. on May 18.
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https://www.wyomingnews.com/news/local_news/bureau-of-land-management-wyoming-issues-notice-for-oil-and-gas-lease-sale/article_a702086a-b30a-515a-972b-a12a5d9f7eb6.html
| 2022-04-19T05:18:16Z
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After a federal judge in Florida struck down the Biden administration's mask mandate for airplanes and other public transport methods, airlines are starting to act.
Several US airlines announced Monday that masks are now optional on their aircraft — Delta Air Lines, American Airlines, United Airlines, Southwest Airlines, Alaska Airlines and JetBlue.
Delta Air Lines says it is making masks optional, and warned travelers they "may experience inconsistent enforcement during the next 24 hours as this news is more broadly communicated."
"Given the unexpected nature of this announcement, please be aware that customers, airline employees and federal agency employees -- such as TSA -- may be receiving this information at different times," the airline said.
United Airlines said in a statement that "masks are no longer required at United on domestic flights, select international flights (dependent upon the arrival country's mask requirements) or at U.S. airports."
Alaska Airlines similarly said face masks are now optional and asked for passengers to be considerate.
"While we are glad this means many of us get to see your smiling faces, we understand some might have mixed feelings," the airline posted on its website. "Please remember to be kind to one another and that wearing a mask while traveling is still an option."
American Airlines said "face masks will no longer be required for our customers and team members at U.S. airports and on domestic flights."
"Please note face masks may still be required based on local ordinances, or when traveling to/from certain international locations based on country requirements," it said.
Alaska Airlines said some of its passengers who were banned from the airline during the duration of the mask policy will continue to be prohibited from its planes.
Southwest Airlines, meanwhile, said on its website that employees and customers could "choose whether they would like to wear a mask, and we encourage individuals to make the best decision to support their personal wellbeing."
It also said it would "continue supporting the comfort of those who travel with us by offering additional layers of protection."
JetBlue said in a tweet Monday that mask wearing will be optional within the United States. "While no longer required, customers and crewmembers may continue wearing masks in our terminals and on board our aircraft," the company tweeted.
Meanwhile on the ground, Amtrak said it will no longer require face masks for passengers and employees.
Last week, the US Centers for Disease Control and Prevention extended the mask mandate through May 3. The masking requirement applied to airplanes, trains, and other forms of public transportation. A Biden administration official says the order is no longer in effect while the ruling is reviewed.
- CNN's Gregory Wallace contributed to this report
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.kitv.com/news/business/these-airlines-are-making-masks-optional-after-mandate-struck-down/article_1eb57543-f760-5e3c-8665-4fa3124fde5d.html
| 2022-04-19T05:53:26Z
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...SMALL CRAFT ADVISORY NOW IN EFFECT UNTIL 6 PM HST TUESDAY...
* WHAT...Northeast winds 20 to 25 kt with higher gusts.
* WHERE...Kauai Northwest Waters, Kauai Windward Waters, Kauai
Leeward Waters, Kauai Channel, Oahu Windward Waters, Oahu
Leeward Waters, and Kaiwi Channel.
* WHEN...Until 6 PM HST Tuesday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
HONOLULU (KITV4) -- One person was arrested following a police chase and crash that caused Honolulu Police to shut down a section of Young Street, Monday morning.
It happened around 8:15 a.m. A surveillance camera was rolling at the moment a chase suspect sideswiped a car and crashed into a pole near Young Street and Punahou Street. Following the crash, police say the suspect attempted to escape on foot but was soon caught by officers.
According to police, the suspect -- only identified as a 35-year-old man -- was arrested on complaints of vehicle theft, resisting an order to stop, harassing a police officer, and driving without a valid license.
The crash caused HPD to shut down Young Street from Kalakaua Avenue to Punahou Street. The roadway has since been reopened.
There have been no reports of injuries. This case remains under investigation.
Matthew has been the digital content manager for KITV4 since September 2021. Matthew is a prolific writer, editor, and self-described "newsie" who's worked in television markets in Oklahoma, California, and Hawaii.
|
https://www.kitv.com/news/crime/chase-suspect-crashes-into-parked-car-pole-in-honolulu-update/article_49c99f32-bf59-11ec-8ea5-3f0b2056f86b.html
| 2022-04-19T05:53:32Z
|
...SMALL CRAFT ADVISORY NOW IN EFFECT UNTIL 6 PM HST TUESDAY...
* WHAT...Northeast winds 20 to 25 kt with higher gusts.
* WHERE...Kauai Northwest Waters, Kauai Windward Waters, Kauai
Leeward Waters, Kauai Channel, Oahu Windward Waters, Oahu
Leeward Waters, and Kaiwi Channel.
* WHEN...Until 6 PM HST Tuesday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
HAWAII ISLAND (KITV4) – Hawaii police are asking for the public's assistance in locating 42-year-old Sham Freitas of Kau, who is wanted on several outstanding bench warrants, and for questioning in connection with other criminal investigations.
Freitas is described as 6' feet, 2 inches tall, 200 pounds, with black hair and brown eyes. He is known to frequent Naalehu and the Hawaiian Ocean View Estates Subdivision.
In a press release, the Hawaii Police Department (HPD) stated that “criminal charges could be filed against a person who harbors or conceals a wanted person”.
Anyone with information on Freitas’ whereabouts is encouraged to contact Detective Donovan Kohara at 808-326-4646 ext. 267, or via the police department’s non-emergency number at 808-935-3311.
|
https://www.kitv.com/news/local/hawaii-police-seeking-the-publics-help-in-locating-wanted-kau-man/article_e47db0cc-bf7c-11ec-9067-9f9a635500e1.html
| 2022-04-19T05:53:38Z
|
...SMALL CRAFT ADVISORY NOW IN EFFECT UNTIL 6 PM HST TUESDAY...
* WHAT...Northeast winds 20 to 25 kt with higher gusts.
* WHERE...Kauai Northwest Waters, Kauai Windward Waters, Kauai
Leeward Waters, Kauai Channel, Oahu Windward Waters, Oahu
Leeward Waters, and Kaiwi Channel.
* WHEN...Until 6 PM HST Tuesday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
Lylia Capati, 74, is considered to be at-risk because she suffers from dementia and may be disoriented and unable to find her way home, HPD said. She was last seen Sunday around 7:30 p.m. at home in Ewa Beach.
UPDATED April 18 at 2:30PM: The Honolulu Police Department (HPD) and Crimestoppers announced that Lylia Capati, was located on Monday, April 18, 2022, at approximately 1:45 p.m. in the Ewa Beach area. She is now safe with her family and friends. Crimestoppers thanks the public for their help in locating Capati.
--
ORIGINAL STORY
EWA BEACH, Hawaii (KITV4) -- Honolulu Police are searching for a missing woman, last seen Sunday night at her home in Ewa Beach.
Lylia Capati, 74, is considered to be at-risk because she suffers from dementia and may be disoriented and unable to find her way home, HPD said. She was last seen Sunday around 7:30 p.m. at home in Ewa Beach. A specific address was not given.
Lylia is described as being 4’10” tall and weighs approximately 107 pounds. She has black hair, brown eyes, and was wearing a black and brown dress and sandals. Her family and friends tell police they are very concerned for her safety and well-being.
Anyone with information about Lylia’s whereabouts is asked to call CrimeStoppers at 808-955-8300.
Matthew has been the digital content manager for KITV4 since September 2021. Matthew is a prolific writer, editor, and self-described "newsie" who's worked in television markets in Oklahoma, California, and Hawaii.
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https://www.kitv.com/news/local/hps-find-ewa-beach-woman-with-dementia-missing-since-sunday-night-update/article_21fd55c6-bf4e-11ec-979f-6383c5df2ec2.html
| 2022-04-19T05:53:44Z
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...SMALL CRAFT ADVISORY NOW IN EFFECT UNTIL 6 PM HST TUESDAY...
* WHAT...Northeast winds 20 to 25 kt with higher gusts.
* WHERE...Kauai Northwest Waters, Kauai Windward Waters, Kauai
Leeward Waters, Kauai Channel, Oahu Windward Waters, Oahu
Leeward Waters, and Kaiwi Channel.
* WHEN...Until 6 PM HST Tuesday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
Sunrise Restaurant in Honolulu raised over $22,000 in a GoFundMe campaign to keep their doors open.
HONOLULU (KITV4) - Sunrise Restaurant in Honolulu launched a GoFundMe campaign to keep their doors open, after falling behind on rent during the pandemic.
The popular Okinawan restaurant was able to raise over $22,000 in three days via the GoFundMe campaign, surpassing their goal of $15,000.
The campaign garnered attention on the restaurant’s social media platforms.
In a statement, GoFundMe shared the success of the fundraiser:
The [Hawaii] community has rallied to help save Sunrise Restaurant and keep their doors open. They are three months behind on rent and their landlord gave them one last chance to settle their debt. Sunrise needed to pay the balance of rent plus May ($13,314) by April 30.
Donations made to Sunrise Restaurant will go towards their rent, food, and monthly bills “to help them get back on their feet”, according to a GoFundMe post by Shari Tamashiro, who is organizing the fundraiser on behalf of Tomoko Tamayose, one of the owners.
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https://www.kitv.com/news/local/japanese-staple-sunrise-restaurant-gets-help-via-gofundme-campaign-to-keep-doors-open/article_9736a9d4-bf88-11ec-99f4-b36ed845081d.html
| 2022-04-19T05:53:50Z
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...SMALL CRAFT ADVISORY NOW IN EFFECT UNTIL 6 PM HST TUESDAY...
* WHAT...Northeast winds 20 to 25 kt with higher gusts.
* WHERE...Kauai Northwest Waters, Kauai Windward Waters, Kauai
Leeward Waters, Kauai Channel, Oahu Windward Waters, Oahu
Leeward Waters, and Kaiwi Channel.
* WHEN...Until 6 PM HST Tuesday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
Fu Lin restaurant, in Lahaina, failed two Hawaii Department of Health inspections on April 4 and 6, forcing them to close until proper health and safety protocols and clean up are in place.
LAHIANA, Hawaii (KITV4) -- Fu Lin Chinese Restaurant in Lahaina has been allowed to re-open after a follow-up inspection by the Hawaii Department of Health found the restaurant had corrected all of its food safety violations.
Original:
LAHAINA, Hawaii (KITV4) – The Hawaii Department of Health’s Food Safety Branch issued a red "Closed" placard to Fu Lin Chinese Restaurant on Monday.
The Chinese restaurant is located 1312 Front St. in Lahaina on Maui. Following the inspection on April 4, the restaurant has immediately shut down, and will remain closed until the health department conducts a follow-up inspection on April 11 and all violations are resolved.
During the routine inspection, the DOH inspector noted the following critical violations:
• About two dozen cockroaches throughout the kitchen;
• A live cat in the kitchen;
• Rodent droppings throughout the kitchen;
• Multiple holes/openings in walls, ceiling, and floor where pests can enter;
• Food debris and grease accumulation throughout the kitchen;
• Lack of sanitizer in the mechanical dishwasher;
• Improper temperatures of potentially hazardous foods; and,
• Use of a handwash sink for purposes other than handwashing.
A follow up inspection was conducted on April 6. The following violations were noted:
• A live rat in front bar;
• Roach activity in the kitchen;
• Rodent excrement in the kitchen and;
• Improvement towards cleaning grease and food debris and filling holes and gaps in kitchen walls, ceilings, and floors.
Based on the severity of pest activity, the restaurant will remain closed to protect public health, and until DOH approves its reopening.
DOH requires food establishments to take the following corrective actions before they can reopen:
• Continue to work with a professional pest control contractor. A monitoring and treatment plan for both rodents and cockroaches must be completed to eradicate the current pest infestation.
• Provide copies of the pest treatment reports to DOH to monitor progress.
• Clean any remaining food debris and grease and fill any remaining holes.
The next follow up inspection is scheduled for April 11.
The Department of Health’s Food Safety Branch protects and promotes the health of Hawaii residents and visitors through education of food industry workers and regulation of food establishments statewide. The branch conducts routine health inspections of food establishments where food products are prepared, manufactured, distributed, or sold.
Do you have a story idea? Email news tips to news@kitv.com
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https://www.kitv.com/news/local/lahaina-chinese-restaurant-fu-lin-allowed-to-re-open-after-correcting-violations-hawaii-doh-says/article_d4f824f6-b77b-11ec-8500-674a35f6756c.html
| 2022-04-19T05:53:56Z
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...SMALL CRAFT ADVISORY NOW IN EFFECT UNTIL 6 PM HST TUESDAY...
* WHAT...Northeast winds 20 to 25 kt with higher gusts.
* WHERE...Kauai Northwest Waters, Kauai Windward Waters, Kauai
Leeward Waters, Kauai Channel, Oahu Windward Waters, Oahu
Leeward Waters, and Kaiwi Channel.
* WHEN...Until 6 PM HST Tuesday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
HONOLULU (KITV4) -- About 270,000 Hawaii students rely on the U.S. Dept. of Agriculture food waivers established amid the pandemic, according to Sen. Mazie Hirono, who is pushing to extend the program.
Hirono, who toured Kalihi Kai Elementary School on Monday to draw attention to the need for the program, introduced legislation to extend it until Sept. 30, 2023. The waivers are currently set to expire on June 30.
The plan, Hirono said, has garnered pushback because "nationwide it's going to cost billions. That's one of the reasons Republicans don't support it."
Hirono is adamant about the effort because she said the program eliminates what she called unnecessary bureaucracy for students to receive free food.
"Otherwise they're going to need to have everybody fill out forms and this is a school (Kalihi Kai Elementary School) where a majority of the kids are not English speaking," Hirono pointed out. "So they're not English speaking and sometimes it's hard for those forms to come back filled out."
On Tuesday, Hirono is set to discuss how to lower the cost of insulin and other prescription drugs with the Diabetes Association of Hawaii Chapter.
Later in the week, Hirono plans to travel to Hilo to go over plans for lowering food prices, as well as proposals for infrastructure improvements.
'A'ali'i is a reporter with KITV. He was born and raised on the island of Maui and graduated from the University of Southern California with a bachelor's degree in Journalism.
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https://www.kitv.com/news/local/sen-hirono-lays-out-plans-to-lower-costs-for-hawaiis-working-families/article_6b8b5792-bf80-11ec-b687-0370a9a84e93.html
| 2022-04-19T05:54:03Z
|
...SMALL CRAFT ADVISORY NOW IN EFFECT UNTIL 6 PM HST TUESDAY...
* WHAT...Northeast winds 20 to 25 kt with higher gusts.
* WHERE...Kauai Northwest Waters, Kauai Windward Waters, Kauai
Leeward Waters, Kauai Channel, Oahu Windward Waters, Oahu
Leeward Waters, and Kaiwi Channel.
* WHEN...Until 6 PM HST Tuesday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
HONOLULU (KITV4) -- After more than 50 years, the world's first and original ukulele festival will play its final song this summer.
July 17 will mark the last "Ukulele Festival Hawaii." The annual event will not be held at the Kapiolani Park but instead will be done virtually -- featuring a lineup of notable Hawaii musicians.
Festival Co-Founders Roy and Kathy Sakuma say, after 52-years, the decision to discontinue is not related to the pandemic and they do plan to continue their focus on perpetuating and preserving interest in ukulele.
“As long as I can hold an ukulele and teach, that's one of the things I'd like to do. But we also want to use the organization, Ukulele Festival Hawaii, to help children in need, help educational programs, and even purchase some ukuleles so that we can help these children. So that they can learn to play the ukulele, and learn how valuable learning music is," said Roy.
The Sakuma's say rather than it being an annual tradition, they hope ukulele festivals can become more of a year-round event in the islands.
"We thought it's a good time for even in Hawaii that there [are] lots of ‘ukelele festivals, where each community or schools, or organizations, can put on their ‘ukelele festivals. Rather than it being an annual event, it can be an event that's just whenever," said Roy.
"We'll try to be there to help support, ya know. But we thought, 52 years, well that's a long time," said Kathy.
Do you have a story idea? Email news tips to news@kitv.com
Mika is the co-anchor for KITV4 Island News at 5, 6, and 10 p.m.
Since joining KITV4 in 2016, Mika has also served as a multimedia journalist, weather, and traffic anchor.
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https://www.kitv.com/news/local/ukulele-festival-hawaii-announces-its-final-year-in-2022/article_07c29ff6-bf8d-11ec-8702-ff7fd8ff678d.html
| 2022-04-19T05:54:06Z
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HONOLULU (KITV4) -- The Hawaii Department of Public Transportation says it will no longer require mask wearing at state airports after a federal judge in Florida struck down the Biden administration’s mandate.
Following the decision issued by the United States District Court for the Middle District of Florida, Biden Administration officials said the mask mandate for public transportation will no longer be enforced at this time.
In a statement on the decision, Hawaii DOT officials wrote, in part, “Federal agencies are reviewing the decision and will provide future guidance so there may be further updates. In the meantime, the CDC recommends that people continue to wear masks in indoor public transportation settings.”
Masks recommended but no longer required at Hawaii Airports.https://t.co/TDQrkXXLMr https://t.co/8aDIzGn87s
— Hawaii DOT (@DOTHawaii) April 19, 2022
Nationwide, multiple airlines and agencies responded to the Monday ruling, by U.S. District Court Judge Kathryn Kimball Mizelle, that blocked the federal mask mandate on planes and other public transportation, effective immediately.
Hawaiian Airlines issued the following statement:
"Effective immediately, face masks are optional for our guests and employees onboard Hawaiian Airlines flights. We ask for our guests’ patience and understanding as we update all our communications and announcements to reflect this change. We advise travelers to stay informed and follow mask requirements that may remain in effect at their origin or arrival airports."
United Airlines issued a statement Monday afternoon:
"Effective immediately, masks are no longer required at United on domestic flights, select international flights (dependent upon the arrival country’s mask requirements) or at U.S. airports. While this means that our employees are no longer required to wear a mask – and no longer have to enforce a mask requirement for most of the flying public – they will be able to wear masks if they choose to do so, as the CDC continues to strongly recommend wearing a mask on public transit. We will continue to closely monitor the situation in the event of changes."
Alaska Airlines also issued a statement shortly after the court ruling, allowing masks to be optional for both travelers and employees:
"Due to a judicial decision in our federal court system, the mask mandate has been overturned, which means our guests and employees have the option to wear a mask while traveling in the U.S. and at work. While we are glad this means many of us get to see your smiling faces, we understand some might have mixed feelings. Please remember to be kind to one another and that wearing a mask while traveling is still an option."
Delta Airlines issued a similar statement, sent to employees, allowing masks to be optional for travelers.
While we all look forward to the TSA’s mask mandate being permanently retired, it remains to be seen what immediate impact, if any, today’s ruling will have on it. In the meantime, pilots should continue to operate in accordance with Company guidance and instructions.
— Allied Pilots (@AlliedPilots) April 18, 2022
The Association of Flight Attendants, representing 50,000 flight attendants across 17 airlines, shared a statement Monday afternoon urging calm and safety: "We urge focus on clear communication so that Flight Attendants and other frontline workers are not subject to more violence created by uncertainty and confusion. Immediately, we urge calm and consistency in the airports and on planes. The last thing we need for workers on the frontlines or passengers traveling today is confusion and chaos. Traveling can be stressful enough and safety comes first with respect for everyone utilizing collective modes of transportation."
The CDC is still recommending travelers wear masks on all public transportation.
This is a developing story. Check back for more updates from KITV4.
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https://www.kitv.com/news/national/hawaii-dot-says-mask-wearing-no-longer-required-at-state-airports-update/article_d6d0279e-bf6c-11ec-9a56-3bbfc5550da4.html
| 2022-04-19T05:54:12Z
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https://www.heraldandnews.com/book-available-at-bookstores/article_f50be313-af7e-5aab-92a9-a66b7847ca3f.html
| 2022-04-19T07:25:08Z
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United States of America US Virgin Islands United States Minor Outlying Islands Canada Mexico, United Mexican States Bahamas, Commonwealth of the Cuba, Republic of Dominican Republic Haiti, Republic of Jamaica Afghanistan Albania, People's Socialist Republic of Algeria, People's Democratic Republic of American Samoa Andorra, Principality of Angola, Republic of Anguilla Antarctica (the territory South of 60 deg S) Antigua and Barbuda Argentina, Argentine Republic Armenia Aruba Australia, Commonwealth of Austria, Republic of Azerbaijan, Republic of Bahrain, Kingdom of Bangladesh, People's Republic of Barbados Belarus Belgium, Kingdom of Belize Benin, People's Republic of Bermuda Bhutan, Kingdom of Bolivia, Republic of Bosnia and Herzegovina Botswana, Republic of Bouvet Island (Bouvetoya) Brazil, Federative Republic of British Indian Ocean Territory (Chagos Archipelago) British Virgin Islands Brunei Darussalam Bulgaria, People's Republic of Burkina Faso Burundi, Republic of Cambodia, Kingdom of Cameroon, United Republic of Cape Verde, Republic of Cayman Islands Central African Republic Chad, Republic of Chile, Republic of China, People's Republic of Christmas Island Cocos (Keeling) Islands Colombia, Republic of Comoros, Union of the Congo, Democratic Republic of Congo, People's Republic of Cook Islands Costa Rica, Republic of Cote D'Ivoire, Ivory Coast, Republic of the Cyprus, Republic of Czech Republic Denmark, Kingdom of Djibouti, Republic of Dominica, Commonwealth of Ecuador, Republic of Egypt, Arab Republic of El Salvador, Republic of Equatorial Guinea, Republic of Eritrea Estonia Ethiopia Faeroe Islands Falkland Islands (Malvinas) Fiji, Republic of the Fiji Islands Finland, Republic of France, French Republic French Guiana French Polynesia French Southern Territories Gabon, Gabonese Republic Gambia, Republic of the Georgia Germany Ghana, Republic of Gibraltar Greece, Hellenic Republic Greenland Grenada Guadaloupe Guam Guatemala, Republic of Guinea, Revolutionary
People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe
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https://www.heraldandnews.com/if-you-go/article_54c964cd-f037-5f1a-b907-d992e7775b6b.html
| 2022-04-19T07:25:14Z
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A promise made a hundred years ago by Lakeview’s Dr. Bernard Daly came, and remains, true. His promise: a scholarship fund that’s enabled thousands of Lake County high school graduates to go on to college.
After his death in 1920, it was revealed that Daly, who as a young boy emigrated with his family in 1863 from famine-stricken Ireland to Alabama, had established a college scholarship fund for Lake County students. Following legal battles contesting his will, the first scholarships were awarded in 1922, setting a precedent that has led to the creation of other scholarship funds in Lake County and nationally.
Even now, a hundred years later, that “promise,” the Bernard Daly Educational Fund, is still assisting Lake County high school graduates.
In “Bernard Daly’s Promise: The Enduring Legacy of a Place-Based Scholarship,” author Sam Stern provides insight into Daly’s life and examples of how the fund has impacted its recipients. As Stern notes, “in 1922 less than 2 percent of America’s youth went to college, and the percentage was even lower in Lake County. Today, Lake County students are much more likely to go to college, graduate in four years without debt, go on to graduate school, have successful careers, and contribute to the larger community.”
Daly had hinted of his plans to help Lake County youth attend college a year before his death during a conversation with Cornelia “Connie” Robertson, then a Lakeview High School student. They chatted at the telegraph office where she worked as he waited for reduced night rates to take effect. “When she told him that she would like to go college and study medicine but that her parents could never afford it, Daly told her not to worry; he promised her there would be a way,” Stern writes.
Robertson was among the first group of Daly Fund recipients. After graduating from the University of Oregon Medical School and practicing in San Francisco, New York City and San Diego, she returned to Lakeview, working as a doctor and being actively involved in numerous community groups until her death in 2001 at age 98.
Robertson’s story is just one of many success stories related by Stern, a professor and dean emeritus of education at Oregon State University. He became interested in Daly’s story 40 years ago after learning about the fund from an Oregon State friend, Dan Denham, a Lakeview High graduate and Daly scholarship recipient.
The book tells fragments of the little-known history of Daly. In letters from Daly to Pearl Hall, the sweetheart he never married, Daly’s fascinating story is partially revealed. After his parents’ deaths, Daly worked and lived in New York, Texas and Ohio before enrolling at Ohio Normal University in 1883 because it offered a medical program. Daly’s older siblings provided a place to live and financial support. At a time when few colleges offered medical degrees, he transferred to the University of Louisville’s medical school, graduating in 1887.
Then 29, Daly headed west to Lakeview, a town more than 150 miles from the nearest railroad with a population of only 300. As Stern tells, “The town residents were self-reliant in most aspects, but they needed a town doctor. So, when Daly arrived, threadbare and practically broke, the residents were thrilled and encouraged him to stay. And stay he did.”
Daly stayed, and prospered.
Stern offers snippets of Daly’s life, including years served as a county judge (administrator) and as Lake County’s first circuit court judge. He notes Daly was elected to nine terms on the school board and away from his practice was a ranch owner, banker, and chairman of the World War I Lake County Liberty Bond campaign. Ever frugal, Daly also accumulated wealth. After his death his estate was estimated at about a million dollars.
“Promise” likewise provides glimpses of Lake County history, including the 1903 smallpox epidemic, deadly conflicts between sheepmen and ranchers, Daly supporter for women’s rights, the building of a railroad connecting Lakeview with Alturas, the decline of the booming timber industry, and how the Daly Fund let to the creation of other scholarships, including the Burt Snyder and Collins-McDonald funds in Lake County, Anna Jones fund in Paisley, and the Ousley fund in Lake and Klamath counties.
Mentioned, too, is Daly’s role in providing emergency medical care in the northern Lake County community of Silver Lake. In 1984, a fire at a Christmas Eve community party resulted in multiple deaths and serious injuries. Once notified on Christmas Day, Daly traveled 100 miles by wagon and horseback through deep snow, arriving the following day to treat the injured.
But Daly remains best remembered for his legacy scholarship fund. Although it’s been praised by most, Stern notes that some Lake County people have lamented that because of the region’s limited opportunities, many of the “best and brightest” leave or have left the county.
But, as Daly’s “promise” in his will emphasized, “It is my earnest desire to help, aid and assist worthy and ambitious young men and women of my beloved county of Lake, to acquire a good education, so that they may be the better fitted and qualified to appreciate and help to preserve the laws and constitution of this free country, defend its flag, and by their conduct as good citizens reflect honor on Lake County and the State Oregon.”
It’s a promise kept.
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https://www.heraldandnews.com/klamath/book-about-bernard-daly-lives-up-to-its-promise/article_eb593e2d-e1b1-5681-847f-fca4a6d81e53.html
| 2022-04-19T07:25:21Z
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WHAT: Earth Day Environmental Film Show
WHERE: Favell Museum, 125 W Main Street, Klamath Falls WHEN: Thursday, April 21, 7 p.m. COST: $10, or $5 with Klamath Film membership TICKETS AT: https://klamathfilm.ticketspice.com/earth-day-film-night#
CAPTION: Klamath Film will host a series of environmental films in honor of Earth Day at the Favell Museum on Thursday, April 21.
Klamath Film, a 501c3 nonprofit based in Klamath Falls that supports filmmaking in the region, will host its first Earth Day film event at the Favell Museum on Thursday at 7 p.m.
The evening will include three short films created in Southern Oregon highlighting various environmental efforts, as well as a feature-length film detailing water conservation movements focused around the Willamette River. Admission includes entry in a raffle with prizes valued up to $500 donated by local businesses, and refreshments. Prizes include gift cards to local businesses and restaurants, hiking guides, birdfeeders, and gardening tools.
Tickets are $10, discounted to $5 with Klamath Film membership, and must be purchased in advance online. Tickets may be purchased in advance online at https://klamathfilm.ticketspice.com/earth-day-film-night# or www.klamathfilm.org.
Klamath Film’s mission is to inspire and support film through programming, education, and outreach.
Films selected for the event include “Heal the Land, Heal the People,” a film as told from the Klamath Tribes’ perspective exploring the environmental balance in the Klamath Basin and what’s needed to maintain it.
“Guardians of the River” is an award-winning film detailing the devastation of California and Oregon salmon populations created by the Copco 1 and 2, Iron Gate, and JC Boyle dams, and the challenges to restoration of the habitat. The film was awarded Best Southern Short Film at the 2021 Klamath Independent Film Festival.
“Bring the Salmon Home” is a film capturing the emotions, courage, and determination of Klamath River tribal communities as they host an over 300-mile run from ocean to headwaters to cultivate support for the biggest river restoration project in history – the removal of four Klamath River dams. The Klamath Salmon Run began in 2003, a year after dams, diversions, and drought led to a traumatizing fish kill that littered the banks of the Klamath with dead salmon for miles. Now, a historic drought grips the basin further stressing communities and fisheries.
“Upriver” is a feature-length documentary that explores one of the nation's most active river conservation movements. Within Oregon's Willamette River System, the film focuses on people from all walks of life who are coming together to revive the health of this flagship river and the life it supports.
Seating is limited for the Earth Day screening and tickets must be purchased in advance online. The Favell Museum is located at 125 W. Main St. in Klamath Falls. For more information visit www.klamathfilm.org.
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https://www.heraldandnews.com/klamath/klamath-film-presents-earth-day-screening-thursday/article_a2a14f9f-0f38-5b23-800c-7218418d56e0.html
| 2022-04-19T07:25:27Z
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ASHLAND — It’s thought-provoking, challenging and complex. Those and more attributes make “unseen” a play worth seeing.
The West Coast premiere of Mona Mansour’s play is among the season openers at the Oregon Shakespeare Festival in Ashland. Although the play is set in Istanbul, “unseen” achieves added poignancy because it echoes current events in war-ravaged Ukraine.
The play’s central character, Mia, is a professional Time magazine photographer stationed in the Middle East, where she’s “documenting” the miseries of war in Syria. As “unseen” bounces between the past and present, sometimes unacknowledged, unseen incidents that have and are influencing Mia’s life and mental condition unfold. The play is mostly set in Istanbul, Turkey, where she’s recovering after being found passing out in the midst of a field of dead bodies in Syria, where she had been photographing results of bombing that left many innocents dead. As the play unfolds, the pervasive, haunting fears and hidden memories that mold Mia’s life are gradually revealed.
At one point, the mother of a child killed by the bombing asks Mia if she can “see,” not simply “document,” what she is photographing. A recurrent theme asks the question, can Mia separate the images of death and despair she views through her camera with the impacts of endless tragedy on innocent civilians?
What happens to Mia is foreshadowed during a flashback when she is hired as a combat photographer by a woman who had the same job. As she cautions Mia, “If you’re shooting conflict, you have to find a way to not really look or it will all start to sink in.”
Because it’s performed in the Thomas Theatre, “unseen” creates a sense of intimacy that it might lack in a larger venue. That intimacy helps immerse audiences in the fast-paced story.
The play’s creative team, led by director Evren Odcikin assisted by lighting designer Solomon Weisband, composer and sound designer Avi Amon and projection designer Kaitlyn Pietras, create an environment enhanced by sets, sounds and lighting. And because it’s presented in a single one-hour and 40-minute act, with sprinklings of humor, “Unseen” generates a sense of unbroken momentum.
The trio of actors are unerringly superb. As Mia, the photographer who tries not to be traumatized by the psychological impacts of the people and scenes she photographs, Helen Sadler evokes her character’s range of cascading emotions. Nora el Samahy takes on triple roles as Mia’s girlfriend, Derya, and is unflinchingly convincing is smaller parts Salima and Alissa. Likewise, Caroline Shaffter is equally effective as Marian and Nancy, but especially as Mia’s understandably concerned, lovingly ditsy mother, Jane.
If it was a film, “unseen” would be R-rated because of language, violence and sexual content. Those factors, however, do not dominate the play, but are well-blended and integral aspects that mostly enhance the sense of painful, ugly realty.
As mentioned, there’s an unplanned urgency in “unseen.” It’s impossible to not draw parallels with the events in the play and the horror in Ukraine. As Odcikin writes in her director’s notes, “easy happy endings are not possible for this play or in life. As we started rehearsing, the war in Ukraine took over the headlines – with terrible bloodshed continuing to rage in places like Palestine and Yemen with little attention paid. Photos, narratives, outrage, and apathy flooded our media. Sudden, our little play was at the center of the American zeitgeist.”
The play’s title, “unseen,” refers to emotions, experiences and feelings its characters, especially Mia, might wish were not experienced, not felt and, most of all, unseen.
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https://www.heraldandnews.com/klamath/unseen-a-play-worth-seeing/article_44e18970-d3f1-53dd-97a5-51660a35d1c9.html
| 2022-04-19T07:25:33Z
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The Jackson and Josephine counties sheriff's offices along with Rogue River police pursued a man in a white van on Saturday before the vehicle was forced into a ditch.
A police chase stretched across two southern Oregon counties Saturday, April 16 with police eventually forcing a renegade van into a ditch.
Sheriff’s deputies from Josephine and Jackson counties along with the Rogue River police officers pursued a white van driven Jason David McMasters, 43 of Grants Pass, for 40 minutes before forcing his vehicle off snowy roads.
The chase started at 9:30 a.m., Saturday with local police pursuing McMaster’s van on Rogue River Highway and Galls Creek Road near Gold Hill, according to the Jackson County Sheriff’s Office.
Police said McMasters refused to stop and pull over and was driving at unsafe speed in wintery conditions.
He also rammed into a police car during the pursuit — some of which occurred on dirt and snow-covered roads, according to police. McMasters allegedly rammed into a police vehicle at one point in the chase.
Officers also utility spike strips which flattened the vans tired. A deputy then performed a “pursuit intervention technique”, according to the Josephine sheriff’s office.
That entailed the police vehicle nudging the back corner of the van until it veered off the road into an adjacent ditch.
McMasters refused to leave the van with police using bean bag projectiles to break the window of the motor vehicle, according to the Jackson County Sheriff's Office.
McMasters was arrested at 10:21 a.m, according to police.
He faces attempted assault on a police officer, reckless endangerment, attempting to elude police and hit and run charges.
The Oregon man was booked int the Josephine County.
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| 2022-04-19T07:25:39Z
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On Tax Day, an extension may be better than rushing a return
WASHINGTON (AP) - Monday is Tax Day — the federal deadline for individual tax filing and payments — and the IRS expects to receive tens of millions of last-minute filings electronically and through paper forms.
As of April 8, the IRS had received more than 103 million returns for this tax season, and it had issued more than 63 million refunds worth more than $204 billion.
For comparison, last year more than 169 million people completed an income tax return by the end of the year. That probably leaves nearly 40% of this year’s taxpayers still unaccounted for, with many scrambling to submit their documents by Monday.
Nina Tross, executive director of the National Society of Tax Professionals, said that if people haven’t filed their taxes by now, “they’re better off filing an extension.”
But, she added, “People don’t realize that filing an extension has zero effect” as long as they have paid their income taxes by Tax Day.
“An extension is merely filing a return at a later date,” Tross said. “If you rush through a return to get it out the door, and you have to amend it later, you’re more likely to get a double look from the IRS.”
“You’re much better off extending than amending,” she said.
The IRS this year is facing its biggest backlog in history. At the end of the 2021 filing season, the agency had 35.3 million returns waiting for processing. One reason is that every paper document that goes into the IRS is processed by a human, according to the IRS.
Another is that the agency has administered massive coronavirus pandemic-related relief programs over the last several years — like the advanced Child Tax Credit.
And some forms are reviewed by IRS employees and treated as if submitted on paper even if they are e-filed.
This year will be one of the most challenging for the agency, with its record low staffing numbers. The IRS workforce is the same size it was in 1970, though the U.S. population has grown exponentially and tax laws have become increasingly complicated.
Lisa Greene-Lewis, a certified public accountant and a spokesperson at TurboTax, said that if people still intend to file a return by Tax Day, “I would gather all your documents in one place so you don’t leave anything out, like W-2s and 1099s.”
Important papers such as the “Letter 6419″ that outlines the Child Tax Credit payments a taxpayer should have received this year and the “Letter 6475″ for stimulus payments should also be on hand.
Greene-Lewis, who has been doing taxes for more than 20 years, said “you want to report the correct amount you received so you don’t have to have to make adjustments to your refund.”
Though the agency announced plans in March to hire at least 10,000 more workers to help process returns, administration officials say the IRS is in desperate need of more funding, as its budget has fallen over the last decade.
On a call with reporters, a senior Treasury official who spoke on the condition of anonymity said the IRS backlog could be remedied with higher funding levels, as the IRS’ budget has decreased by more than 15% in real terms.
The IRS has put out some information and helpful links for last-minute filers — stressing that “taxpayers should be careful to file a complete and accurate tax return. If a return includes errors or is incomplete, it may require further review.”
Keith Kahn, director/chair of the Delaware Society of CPAs, said he encourages everyone to file an electronic return.
When asked whether CPAs will accept clients on Tax Day, Kahn said it’s common for people to be turned away. But for those who can get an appointment, “make sure you have everything you could possibly provide to your CPA — there’s not a lot of time to hammer out strategy or to ask questions.”
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/18/tax-day-an-extension-may-be-better-than-rushing-return/
| 2022-04-19T08:07:02Z
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Adjusted sensors on ride contributed to Fla. teen’s death in fall
ORLANDO, Fla. (AP) - Sensors on a Florida amusement park ride had been adjusted manually to double the size of the opening for restraints on two seats, resulting in a 14-year-old boy not being properly secured before he slipped out and fell to his death, according to an initial report released Monday by outside engineers.
The average opening for restraints on the seats on the 430-foot (131-meter), free-fall amusement park ride located in the heart of Orlando’s tourist district was 3.3 inches (8.3 centimeters). However, the opening of the restraint for the seat used by Tyre Sampson, upon inspection, was as much as 7.1 inches (18 centimeters), and the one for another seat was as much as 6.5 inches (16.5 centimeters), according to the report commissioned by the Florida Department of Agriculture, which is investigating the accident.
Sampson was only 14 but already 6 feet, 5 inches tall (195 centimeters) and well over 300 pounds (136 kilograms) when he slipped out of his seat as the ride plunged to the ground at speeds of 75 mph (about 121 kph) or more. The restraint opening was over 6 inches (15.2 centimeters) at the start of the ride with Sampson in the seat but could have expanded to as much as 10 inches (25 centimeters) from the extra weight, the report said.
An inspection showed that sensors used to activate safety lights on the two seats, indicating the harness safety restraints were in place, had been adjusted to allow for the wider openings. The safety lights on Sampson’s seat and on the ride’s control panel were illuminated; if they hadn’t been, the ride would not have started. As the ride slowed down, Sampson slipped through a gap between the seat and safety harness, the report said.
As part of the investigation, two individuals — one 6 feet, 3 inches (190 centimeters) tall, the other 6 feet, 5 inches (195 centimeters), and both weighing between 200 and 300 pounds (90 to 136 kilograms) — were positioned in the seat with openings ranging from 6 to 10 inches (15 to 25 centimeters). They slipped through the restraint, the report said.
“The cause of the subject accident was that Tyre Sampson was not properly secured in the seat primarily due to mis-adjustment of the harness proximity sensors,” said the report from Quest Engineering and Failure Analysis, Inc.
The Orlando Free Fall ride, which is taller than the Statue of Liberty, didn’t experience any electrical or mechanical failures, the report said.
The release of the report marks the initial phase of the investigation into the teen’s death, and “we are far from done,” Agriculture Commissioner Nikki Fried said at a news conference in Orlando.
Fried said the 30-seat ride, located on a busy strip of International Drive in the heart of Orlando’s tourist district, would remain closed indefinitely.
The report said there were many other “potential contributions” to the accident and that a full review of the ride’s design and operations was needed.
In a statement, an attorney for the amusement ride’s owners, Orlando Slingshot, said the company had followed all protocols, procedures and safety measures provided by the ride’s manufacturer.
“Orlando Slingshot has fully cooperated with the State during the initial phase of its investigation, and we will continue to do so until it has officially concluded,” said Trevor Arnold, the attorney.
___
This story has been edited to correct the name of the ride to Free Fall, not FreeFall.
___
Follow Mike Schneider on Twitter at https://twitter.com/MikeSchneiderAP
Copyright 2022 The Associated Press. All rights reserved.
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| 2022-04-19T08:07:09Z
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Man inhales drill bit into lung while at dentist
KENOSHA, Wis. (WISN) - What began as a routine dental visit landed an Illinois man in the hospital after he inhaled the dentist’s drill bit. A rare medical procedure was needed to remove it from his lung.
Tom Jozsi, a 60-year-old maintenance worker, says he was at the dentist getting a tooth filled when he swallowed an inch-long drill bit.
“I didn’t really even feel it going down. All I felt was a cough,” he said.
Doctors believe that inhaling just before he coughed sent the metal object deep into Jozsi’s airways. The bit ended up so deep that normal scopes couldn’t reach it, according to pulmonary expert Dr. Abdul Alraiyes.
“When I saw the CAT scan and where that object is sitting, it was really far down on the right lower lobe of the lung,” Alraiyes said.
“What happens if he can’t get it out? And really, the answer was part of my lung was going to have to get removed,” Jozsi said.
That’s when Alraiyes and the team at Aurora Medical Center-Kenosha decided to try a newer device, one not designed for removing foreign objects but instead for early detection of cancer.
Video of the scan shows the medical team was able to navigate the narrow airways, reach the drill piece and pull it out without any harm to the patient.
“I was never so happy in my life when I opened my eyes and I saw him with a smile under that mask, shaking a little plastic container that had the tool in it,” Jozsi said.
Joszi now keeps the drill bit on a shelf at home. It was in his lung for four days.
Alraiyes says he has heard from colleagues in both Michigan and Ohio who report seeing cases nearly identical to this one.
Copyright 2022 WISN via CNN Newsource. All rights reserved.
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| 2022-04-19T08:07:16Z
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Woman’s body found in box at Houston apartment complex
HOUSTON (KPRC) - A man has been detained after a woman’s body was found inside a box in Houston, according to authorities.
Police say a maintenance man reported a suspicious box with a bad odor at 11:58 a.m. Sunday outside an apartment complex in southwest Houston. Firefighters arriving on scene found a woman’s body in the box.
It is unclear how the woman, whom police believe to be 35 years old, died. Her identity has not been released.
Detectives say surveillance video captured a person carrying a U-Haul box on a dolly, dropping it and then walking away.
A man was detained and could face charges relating to the case, including abuse of a corpse. Police are still determining whether he was the person seen in the video.
Copyright 2022 KPRC via CNN Newsource. All rights reserved.
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| 2022-04-19T08:07:22Z
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GUANGZHOU, China, April 19, 2022 /PRNewswire/ -- The 131st Canton Fair has hosted another "Trade Bridge" event on April 14 to connect Tbilisi of Georgia and Guangzhou. The Fair also signed a global partnership with Georgia via an online signing ceremony and arranged a special event for Georgian wine companies.
Georgia is known as the hometown and place of origin of the wine. With more than 8,000 years of winemaking tradition, the country is the oldest winemaking country in the world. Since the Sino-Georgia free trade agreement took effect, high-quality Georgian wines have entered the Chinese market and they're growing more popular among Chinese consumers.
Bekar Mikaberidze, founder of Georgia "Belt and Road" Business Hall, chairman of Guangzhou Branch of Georgia Chamber of Commerce, participated in this event and expressed his excitement.
"We really appreciate Canton Fair for hosting this matchmaking event that provided me the opportunity to meet Chinese wine importers and bring high-quality Georgian wines to the Chinese market with the help and support from the Canton Fair," said Bekar.
The Georgia "Belt and Road" Business Hall held one-on-one negotiations with more than 10 Chinese wine importers at this event.
Bekar, who has been studying and working in China for over 20 years, said of his relationship with the Canton Fair, "It was the Canton Fair that determined the direction of my life." Becca's father is a Georgian traditional Chinese medicine doctor, and the reason why Bekar came to China was to further study Chinese acupuncture. But an opportunity to attend the Canton Fair in 2006 made him change his mind. In 2010, he founded a trading company to bring excellent Chinese products to overseas markets. In 2013, he saw great opportunities as China launched the "Belt and Road" Initiative, and started to expand the scope of his business to Caucasia and more countries participating in the Initiative.
He founded the Georgia "Belt and Road" Business Hall in 2018 to further integrate trade and tourism resources of China and Georgia. It now has converged various resources from 25 countries, with the international trade business scope covering import-export, manufacturing, technology, tourism and food/beverage.
After the outbreak of Covid-19, Bekar started to participate the virtual Canton Fair, gaining more innovative exhibition experience. He said that the online Canton Fair has provided solid support to ensure the stability of the global industrial supply chain and also greatly support international trade cooperation and world economic recovery.
2022 marks the 30th anniversary of the establishment of diplomatic relations between China and Georgia. Bekar hopes the epidemic will pass soon, and there will be more convenient and in-depth trade and cultural exchanges between China and Georgia.
Thinking about the future, Bekar plans to open Business Hall in more major cities of China and extend the business platform model built in Guangzhou to Germany, Italy, Cameroon and more.
Visit https://www.cantonfair.org.cn/en-US/register/index#/foreign-email for more opportunities.
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| 2022-04-19T08:07:29Z
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HANGZHOU, China, April 19, 2022 /PRNewswire/ -- BEST Inc. (NYSE: BEST) ("BEST" or the "Company"), a leading integrated smart supply chain solutions and logistics services provider in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission ("SEC") on April 18, 2022. The annual report can be accessed on the SEC's website at http://www.sec.gov as well as on the Company's investor relations website at http://ir.best-inc.com.
The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company's IR Department at ir@best-inc.com.
SAFE HARBOR STATEMENT
This announcement 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" and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as BEST's strategic and operational plans, contain forward-looking statements. BEST may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about BEST's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: BEST's goals and strategies; BEST's future business development, results of operations and financial condition; BEST 's ability to maintain and enhance its ecosystem; BEST 's ability to compete effectively; BEST 's ability to continue to innovate, meet evolving market trends, adapt to changing customer demands and maintain its culture of innovation; fluctuations in general economic and business conditions in China and other countries in which BEST operates, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in BEST's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and BEST does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
ABOUT BEST INC.
BEST Inc. (NYSE: BEST) is a leading integrated smart supply chain solutions and logistics services provider in China. Through its proprietary technology platform and extensive networks, BEST offers a comprehensive set of logistics and value-added services, including freight delivery, supply chain management, and global logistics services. BEST's mission is to empower business and enrich life by leveraging technology and business model innovation to create a smarter, more efficient supply chain. For more information, please visit: http://www.best-inc.com/en/.
For investor and media inquiries, please contact:
BEST Inc.
Investor relations team
ir@best-inc.com
The Piacente Group, Inc.
Yang Song
Tel: +86-10-6508-0677
E-mail: best@tpg-ir.com
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: best@tpg-ir.com
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| 2022-04-19T08:07:36Z
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SKÅNES FAGERHULT, Sweden, April 19, 2022 /PRNewswire/ -- Concentric AB has received a new development contract to supply electric coolant pumps for a fuel cell application. The customer, a global truck, bus and construction OEM, will use our e-pumps for cooling the fuel cells on a range of vehicles.
Fuel cells will be one of the key technology enablers for zero emissions on-highway vehicles and off-highway machines. Fuel cells give similar power density to internal combustion engines and as such will be suitable for high power and long range applications.
The electric coolant pump has the following key benefits:
- Enables the use of high voltage supply, eliminating the need for a low voltage DC converter;
- Robust design which includes a wet rotor eliminating the possibility of a dynamic seal failure;
- Long service life aided by liquid cooled electronics and DC brushless design giving service life >50,000 hours;
- Integrated diagnostics and utilising sensors for temperature and pressure; and
- Compact and low noise characteristics.
Cooling fuel cells requires the use of special coolants, which are aggressive to many metals. Concentric's engineers have developed the e-pump to be able to pump these special fluids without reducing the durability of the product or service life.
Martin Kunz, President and CEO of Concentric AB commented: "This new agreement is another innovation milestone in the development of Concentric's e-pumps. We already supply e-pumps to many global OEMs for their hybrid and battery electric vehicles, this important contract will enable the development of a high voltage pump in the expected growth area of fuel cells."
CONTACT:
For additional information please contact Martin Kunz, telephone +44-121-445 6545
This information was brought to you by Cision http://news.cision.com
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| 2022-04-19T08:07:43Z
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TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01
VANCOUVER, BC, April 19, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.
Desert Mountain Energy Corp. has now started completion work on Offset Wells #5, #6 and #7 in the McCauley Helium Field. Sampling will be completed in the next 10-14 days with approximately another 14 days to get results for public release.
"The team is excited to finally complete and sample the 3 offset wells in our McCauley Helium Field which will be the first of our discoveries to go into production," says Robert Rohlfing, CEO of Desert Mountain Energy. "We look forward to rewarding our shareholders with a cash flow stream this year."
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company is primarily looking for elements deemed critical to the renewable energy and high technology industries.
We seek safe harbor
"Robert Rohlfing"
Robert Rohlfing
Exec Chairman & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.
This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward looking statements and information herein include but are not limited to statements regarding the Company's anticipated performance in the future the planned exploration activities, receipt of positive results from drilling, the completion of further drilling and exploration work, and the timing and results of various activities.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and the United States; financial risks due to helium prices, operating or technical difficulties in exploration and development activities; risks and hazards and the speculative nature of resource exploration and related development; risks in obtaining necessary licenses and permits, and challenges to the Company's title to properties.
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company's exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not intend to, and nor does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
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| 2022-04-19T08:07:50Z
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World-class partners including Emory Executive Education, Columbia Business School and MIT xPRO anchor new healthcare workforce development programs.
BOSTON, April 19, 2022 /PRNewswire/ -- Emeritus, the global leader in making high-quality education accessible and affordable to individuals, companies and governments around the world, today announced the launch of Emeritus Healthcare. In partnership with world-class universities including Emory Executive Education, Columbia Business School and MIT xPRO, Emeritus Healthcare will offer an industry-leading healthcare workforce development curriculum to address the global shortage — a projected shortfall of 18 million health workers by 2030. Initial offerings will include Chief Medical Officer and Chief Nursing Officer programs, which are some of the most currently in-demand positions.
The healthcare industry will require comprehensive solutions to overcome the pressing and long-term challenges contributing to this staffing crisis. 70% of healthcare workers are experiencing burnout, almost one million nurses are expected to leave the workforce by 2030, and nearly 65% of clinicians — including physicians and nurses — believe their roles and expectations are changing considerably as a result of digital transformation and telemedicine. Combating employee turnover and promoting leadership development are no longer secondary to the COVID-19 pandemic, but urgent priorities for health systems globally.
Emeritus Healthcare's portfolio will include a wide range of industry-specific programs — developed with the world's top universities — to attract, retain and develop clinical and non-clinical employees at all levels. It will join Emeritus Enterprise's robust offering of more than 220 upskilling programs available in 80 global markets, including executive education, degree, certificate and custom learning solutions.
"Digital transformation and telemedicine are accelerating change, so it's crucial that today's leaders have access to meaningful learning opportunities for both themselves and their workforce," said Ranil Herath, President of Emeritus Healthcare. "We created Emeritus Healthcare to connect healthcare organizations and their employees with the best education in the world, delivered by the best universities. Together, we are working to grow and strengthen healthcare teams, positively impact patient care and transform lives."
Emeritus Healthcare's approach to learning builds on Emeritus' innovations in online education, which drive industry-leading outcomes by combining broad expertise, timeliness of curriculum, agility to address real-world needs and a commitment to accessibility. Delivering in-depth, effective learning to solve healthcare's most pressing challenges is a mission shared by all partners.
"Healthcare executives are being challenged daily to lead their teams and units, to make good business decisions and create healthcare enterprises fit for the changing needs and expectations of their communities, patients and workforce," said Nicola Barrett, Corporate Learning Officer, Emory Executive Education at Emory University's Goizueta Business School. "Goizueta Business School and Emory University faculty have equipped healthcare leaders with the knowledge, skills and tools to lead in this critical, complex environment and we're excited to partner with Emeritus Healthcare to extend this impact."
Building from Emeritus' trusted learning and development partnerships with some of the top employers in healthcare — including the U.S. Department of Health and Human Services, Aveanna Healthcare, SCL Health and more — Emeritus Healthcare will provide solutions for both clinical and industry needs. Beyond hospitals and health systems, Emeritus Healthcare's vast business and leadership development curriculum will also help address broader workforce challenges faced by pharma, medical device companies, insurers and beyond.
Join us on Wednesday, April 27th for a fireside chat led by Emeritus Healthcare President, Ranil Herath, where he will be joined by industry thought leaders to discuss the future of learning post-pandemic.
About Emeritus
Emeritus is committed to teaching the skills of the future by making high-quality education accessible and affordable to individuals, companies, and governments around the world. It does this by collaborating with more than 60 top-tier universities across the United States, Europe, Latin America, Southeast Asia, India, and China. Emeritus' short courses, degree programs, professional certificates, and senior executive programs help individuals learn new skills and transform their lives, companies, and organizations. Its unique model of state-of-the-art technology, curriculum innovation, and hands-on instruction from senior faculty, mentors, and coaches has educated more than 250,000 individuals across 80+ countries. Founded in 2015, Emeritus, part of Eruditus Group, has more than 2,000 employees globally and offices in Mumbai, New Delhi, Shanghai, Singapore, Palo Alto, Mexico City, New York, Boston, London, and Dubai. For more information, please visit www.Emeritus.org.
Media Contact: emeritushc@merrittgrp.com
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| 2022-04-19T08:07:57Z
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A Diverse Coalition of Nonprofits, Corporations, Government Agencies and Schools come together to raise awareness about fentanyl in fake pills and street drugs
WASHINGTON, April 19, 2022 /PRNewswire/ -- A broad coalition of nonprofit organizations, major corporations, government agencies and schools – including Google, Snap, Meta, the Ad Council, Shatterproof and CADCA – have come together to launch the first ever National Fentanyl Awareness Day on May 10, 2022. The activation is designed to raise awareness about illicit fentanyl in fake pills and street drugs. Illegally made fentanyl is the primary driver of the recent increase in overdose deaths, and fentanyl involved deaths are fastest growing among 14- to 23-year-olds.
National Fentanyl Awareness Day is supported by an Advisory Council comprised of experts in drug policy, public health, harm reduction, internet safety and neuroscience. This breadth of expertise is indicative of the urgency that all stakeholders share about the need to alert the public to the unprecedented increase in drug related deaths driven by fentanyl, and to initiate a national conversation about solutions.
In announcing National Fentanyl Awareness Day, several National Fentanyl Awareness Day Advisory Council members and partners released statements:
Jennifer Stout, VP of Global Public Policy at Snap, Inc., stated: "As the fentanyl epidemic has surged during the pandemic, we have worked tirelessly with parents, expert organizations, like Song for Charlie, and law enforcement to better understand how we can fight this national crisis. We are grateful to be a founding partner of National Fentanyl Awareness Day to help educate youth and families about the deadly risks associated with counterfeit pills laced with fentanyl."
Former Ambassador to Mexico, Christopher Landau, states: "Illicit fentanyl is the ideal raw material for drug traffickers - potent, profitable, and difficult to detect. This makes controlling the supply uniquely challenging, which means demand reduction and public awareness are critical pieces of our national response."
Ryan Marino, MD Medical Toxicologist states: "Fentanyl has permeated the street drug supply, and not because of any true want for it - most people do not start out seeking fentanyl. Now, it is replacing heroin and even being pressed into a wide range of pills without people knowing. When people don't know what they're getting, or how much, their risk of overdose is much higher. So, it is more important than ever that people who use drugs understand that fentanyl could potentially be in almost any street drug they buy."
Director and Global Head of YouTube Health, Garth Graham MD, states: "The prevalence of fentanyl in street drugs has been increasing for years, drastically raising the possibility of accidental overdose for even casual drug users. Quite simply, these drugs are becoming more dangerous. National Fentanyl Awareness Day is a moment to educate Americans about the high prevalence of fentanyl in drugs to help them understand the enormity of the risk from even one pill."
Avra Siegel, Head of US Policy Programs, Meta, states: "Raising awareness about the harms of fentanyl is key to preventing harm and reducing the stigma of substance misuse. We at Meta are proud to partner with expert organizations on this issue and amplify National Fentanyl Awareness Day across our platforms."
CEO of RADical Hope, Liz Feld, states: "An alarming number of fentanyl poisoning deaths occur when young people turn to the internet or the street to get prescription pills. Self-medication is a high-risk behavior in the age of fentanyl."
Bridget Lattimer, Song for Charlie Board Member, stated: "My boyfriend died in his fraternity house after taking a fake Percocet. High school and college kids are comfortable taking and sharing pills to study or chill out. This is a real opportunity for universities, colleges, fraternities, and sororities to warn their communities about these fake pills, and about fentanyl in cocaine."
THE CALL TO ACTION
The call to action for National Fentanyl Awareness Day is simple: spread the word on social media. Supporters can promote the campaign hashtag #NationalFentanylAwarenessDay and visit the Day's website to find shareable content, a partner toolkit, and more information.
The date for the day was purposely set during Mental Health Awareness Month to amplify the warning message about self-medication at a time when counterfeit pills
have flooded the online and street drug markets. The goal is to leverage as many organizations and communication channels as possible, including high schools and colleges, to reach the most vulnerable demographics.
DECEIT DRIVES FENTANYL DEATHS
An alarming practice has taken over the illicit drug business – cutting fentanyl into other substances without the consumer's knowledge or consent. Virtually the entire heroin supply contains some amount of illicit fentanyl, which is also being detected in cocaine. Drug traffickers are mass-producing counterfeit prescription pills like oxycodone, Percocet and Xanax and falsely marketing them to the public. In fact, the number of Law Enforcement-seized counterfeit pills made with fentanyl has increased by 502% since 2019, according to a recently released NIDA study. According to the Drug Enforcement Agency ("DEA"), four out of every ten pills with illicit fentanyl tested in their labs contain a potentially lethal dose of the potent opioid.
According to CDC provisional data, there will be 70,000 deaths involving illicit fentanyl in the twelve-month period ending November 2021. Data show that fentanyl was involved in more deaths of Americans under 50 than any cause of death, including heart disease, cancer, suicide, homicide, other accidents, and illnesses.
DISPROPORTIONATE IMPACT ON YOUTH
For the 12-month period ended in September 2021, drug deaths grew fastest among people aged 19 and under, increasing by 26%. Illicit fentanyl was involved in 76% of drug deaths for this age group. In the 15-24 age cohort, there were 7,500 drug related deaths during this period and 6,000 of them (80%) involved fentanyl.
For just high school ages 14-18, fentanyl involved deaths grew by a stunning +169% in 2020, according to CDC data. This is over three times the national average rate of +55% and at least twice the rate of all other age groups during that same period.
Recent Morning Consult research points to a significant knowledge gap among teens. It found that only about a third of high school students know what fentanyl is, and 73% of them do not know about fentanyl in fake pills. 35% of respondents did not know enough about fentanyl to rate its danger.
UNITING AROUND AWARENESS
Fentanyl and fakery have turned the modern drug landscape into a minefield where one false move can result in death. Anyone who uses drugs – whether experimenting for the first time, partying on the weekend, or suffering from substance use disorder – is at risk of overdose or poisoning.
Knowledge is key. On May 10, the National Fentanyl Awareness Day virtual event will spread potentially lifesaving information about illicit fentanyl hidden in fake pills and street drugs – widely and quickly – to the American public.
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| 2022-04-19T08:08:03Z
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IoT Device Management Services Are a Critical Component for Scalable IoT solutions in an Era of 5G, Edge Computing, and Artificial Intelligence
LONDON, April 19, 2022 /PRNewswire/ -- Device management services are evolving in response to greater breadth of device technologies such as edge intelligence and connectivity technologies, as well as to customer pain points like scalability and security of IoT deployments. But forward-looking suppliers are also preparing for a world where 41.3% of the connected devices will be using some form of LPWA technologies by 2026. Since IoT customers increasingly need to manage a larger fleet of connected devices, Global technology intelligence firm ABI Research forecasts that IoT device management services will top US$36.8 billion in revenues by 2026.
Standardization is beginning to play a bigger role in device management services, as more connected devices use LPWA technologies. Standardization is best exemplified by growth in adoption of LwM2M. This standard was embraced by the telcos but is now also embraced by the module, chipset, and gateway suppliers. The flip side of standardization is that it will increase commoditization of device management services. "Implementing a common standard such as LwM2M can complicate a device management vendor's product differentiation strategy, but standards do address customer reservations of 'lock-in' to a proprietary platform," says Abdullah Haider, IoT Network and Services Research Analyst at ABI Research.
Partnerships and collaborations between device management vendors will continue to accelerate. Device management vendors can partner with system integrators (SIs) who build an end-to-end solution. Device management suppliers can also partner with other players in the value chain "Companies recognize that a strategic partnership can facilitate both sales and product support channels. Co-operating with another vendor's device management service is beneficial for a cloud hyper-scaler selling data storage and analytics, and for a Mobile Network Operator (MNO) selling connectivity or application enablement services as IoT device management platforms integrate with these other systems," Haider explains.
Device management vendors from large hyper-scalers, (e.g., AWS and Microsoft Azure), established incumbent players (e.g., Eurotech, Telit, and Sierra Wireless), MNOs (e.g., Vodafone, Verizon, and Deutsche Telekom) and startups (e.g., EdgeIQ, Memfault, and 1nce) are all looking to disrupt the IoT device management ecosystem. "One key insight is that while competition breeds commoditization, companies are still keen to differentiate their device management services. Often this entails providing security services like device attestation, and mutual authentication while other players are considering remote hardware configurability in application segments like asset tracking, telematics, and condition-based monitoring. In general, more and more suppliers are adding device management services to differentiate their IoT solution suite and capture more IoT solution revenues," Haider concludes.
These findings are from ABI Research's IoT Device Management: Evolution of Technologies and Supplier Trends application analysis report. This report is part of the company's IoT Network & Services research service, which includes research, data, and analyst insights. Based on extensive primary interviews, Application Analysis reports present in-depth analysis on key market trends and factors for a specific technology.
About ABI Research
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research是一家国际科技情报公司,为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific or visit www.abiresearch.com.
Contact Info:
Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com
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| 2022-04-19T08:08:09Z
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--Provides full year 2022 financial revenue growth forecast--
SINGAPORE, April 19, 2022 /PRNewswire/ -- Lion Group Holding Ltd. ("Lion" or "the Company") (NASDAQ: LGHL), operator of an all-in-one trading platform that offers a wide spectrum of products and services and developer of new growth products that include SPAC sponsorship, NFT, and metaverse-related initiatives, today announced its unaudited financial results for the full year ended December 31, 2021.
FINANCIAL AND OPERATING HIGHLIGHTS
All comparisons are made on a year-over-year ("yoy") basis[1].
For the Full Year Ended December 31, 2021
- Total revenues increased by 164.5% to $27.1 million from $10.2 million in the prior year.
- Net income attributable to LGHL was $22,782, compared to a net loss of $2.6 million in the prior year.
- Non-GAAP net income attributable to LGHL increased by 726% to $3.0 million from $0.4 million in the prior year.
- Total number of revenue-generating client accounts increased by 5% to 5,261 from 5,010 last year.
- Total revenue-generating CFD (contract for difference) client trading accounts increased by 7% to 2,866 from 2,668 last year.
- Total return swap ("TRS") trading volume was $1,074 million.
- Contract-for-difference ("CFD") trading volume increased by 103.4% to 453,687 lots from 223,018 lots last year.
- Futures brokerage trading volume increased by 52.3% to 1,124,805 lots from 738,444 lots last year.
Mr. Chunning (Wilson) Wang, CEO of Lion, commented: "We concluded the year of 2021 on a strong note, as revenue doubled and user numbers grew steadily. Our entire team worked tirelessly to deliver monumental results in 2021 and remain competitive in the industry, despite challenges attributable to the ongoing pandemic and capricious regulatory environment. Non-GAAP net income attributable to LGHL increased by nearly sevenfold, largely attributable to our diverse products and high-quality services."
"Our CFD and TRS trading businesses remain stable and continue to contribute as key drivers of revenue growth. The NFT business and our Metaverse project also played significant roles in becoming new revenue sources this year. Lion's NFT project, MetaWords, created in collaboration with renowned Chinese calligrapher and conceptual artist Mr. Xu Bing, attracted numerous users and creators. Relevant MetaWords blind boxes, containing MetaWords characters as well as fragments of Xu Bing's Book from the Ground, have sold out since its launch," Mr. Wang continued.
"2022 will be a year of reacceleration for Lion. We have re-located our corporate headquarters to Singapore to further our expansion in Southeast Asia, after being granted our trading license in Singapore. To provide a better experience to our growing global user base and accelerate our market expansion, we will continue to make decisive investments in core technologies and services for the years ahead. We are dedicated to providing high-quality products to our customers and generating long-term value to our stakeholders," Mr. Wang concluded.
RECENT DEVELOPMENTS
- Granted Trading License in Singapore, Further Expansion into Southeast Asia
On October 4, 2021, Lion announced its subsidiary, Lion International Financial (Singapore) Pte. Ltd. ("Lion Singapore"), had been granted a Capital Markets Service License ("CMS License") from the Monetary Authority of Singapore. The CMS License allows Lion Singapore to deal in exchange-traded derivatives contracts, over-the-counter derivatives contracts and spot foreign exchange contracts for the purposes of leveraged foreign exchange trading.
- Significant Success of NFT Language Project, MetaWords
On December 20, 2021, Lion's NFT project, MetaWords, passed CertiK security audit. MetaWords was created in collaboration with renown Chinese calligrapher and conceptual artist Mr. Xu Bing. MetaWords consists of Character NFTs derived from Mr. Xu's Book of the Ground.
- Launch of NFT Platform, MetaWords Art Project
In January 2022, Lion announced the official launch of its Lion NFT market platform, Lion NFT (https://lionnft.io/). Simultaneously, the Company introduced its cooperative NFT art project, MetaWords.
- Successful Blind Box Sales and Auction
In January 2022, Lion also announced the successful sales of its MetaWords blind boxes. All 2,742 blind boxes, containing MetaWords characters as well as MetaWords works of Xu Bing's Book from the Ground, sold out since their first market offering on January 17, 2022. The auction sale of six MetaWords characters was completed on January 22, 2022. Lion received an aggregate of 749 Binance Coins, or BNB, net of the incentive credits to customers, which was approximately $438,000 USD at the spot token price upon the completion of the sale.
- Introduction of its "Creation Tools" feature
On January 18, 2022, MetaWords announced the introduction of its "Creation Tools" feature that allows users to easily create new characters. True to the essence of the NFT community's bottom-up method, this new launch confirms that MetaWords, as a meta-language infrastructure, differs from other digital collections. Users can log onto lionnft.io and make their own metaverse creations.
FINANCIAL RESULTS
For the Full Year ended December 31, 2021
Revenues
Total revenues increased by 164.5% yoy to $27.1 million for the year ended December 31, 2021, from $10.2 million for the year ended December 31, 2020, primarily due to an increase in each segment.
- CFD trading services income. Revenues generated from CFD trading services increased by 27.5% yoy to US$8.7 million from US$6.8 million in the prior year. The increase was primarily due to an increase in CFD trading volume, mainly attributable to the partial recovery of the overall economy and market with the relief of pandemic in the second half of 2021. Total CFD products trading volume was 453,687 lots, compared to 223,018 lots in 2020. The commission revenues derived from CFD trading services in 2021 are approximately 80% related to stock indices and near 20% related to commodities with a remaining insignificant proportion relating to other CFD products. In 2020, the two percentages were 68.5% and 31.5%, respectively.
- TRS trading services income. Revenues generated from TRS trading services income increased to US$13.1 million from US$0.2 million in the prior year. As one of the core businesses, Lion strategically directed significant resources to developing and expanding TRS trading services to customers in 2021. In the meantime, Lion achieved significant gains from its proprietary TRS trading activities. TRS trading volume was $1,074 million in 2021.
- Futures and securities brokerage income. Revenues generated from futures and securities brokerage income increased by 38.0% yoy to US$2.8 million from US$2.0 million in the prior year. The increase was primarily due to the rebound of futures market in Hong Kong in 2021. Total number of executed futures contracts was 1,124,805 lots, compared to 738,444 lots in 2020.
- Others. Revenue generated from other services increased by 108.0% yoy to US$2.4 million from US$1.2 million in the prior year, primarily attributed to bitcoin mining revenue of $1.7 million generated in 2021.
Expenses
Total expenses increased by 117.4% yoy to $27.8 million from US$12.8 million in the prior year, primarily due to increases in commission expenses, cost of crypto mining, service fees, professional fees, research and development, communication and technology, and amortization of debt discounts and depreciation.
- Commissions and Fees increased by 79.7% yoy to $3.3 million from $1.8 million in the prior year, primarily due to an increase in TRS trading commission expenses by US$1.0 million and an increase in the futures brokerage commission expenses of US$0.7 million, partially offset by a decrease in the insurance brokerage commission expenses of US$0.2 million, which is in line with the overall trench of such businesses.
- Compensation Expenses increased by 7.0% yoy to $4.1 million from $3.8 million in the prior year period, primarily due to the increase in average compensation and discretionary bonus paid out in 2021.
- Communication and Technology Expenses increased by 32.7% yoy to $1.9 million from $1.5 million in the prior year, primarily due to an increase in trading service fees and market data fees, which was in line with the launch of TRS trading services.
- Cost of Crypto Mining was $1.2 million in 2021.
- General and Administrative Expenses decreased by 10.9% yoy to $2.0 million from $2.3 million in the prior year, primarily due to a portion of share-based compensation granted in 2020 charged into general and administrative expenses.
- Professional Fees increased by 145.0% yoy to $3.8 million from $1.6 million in the prior year, primarily due to the accounting, legal, investor relations, and consulting services fees additionally incurred after we became a public company in June 2020, compared to the corresponding period of 2020, professional fees of US$2.4 million directly associated with the reverse acquisition with SPAC were charged to equity, instead of earnings.
- Services Fees for independent contractors and consultants increased to $3.6 million from $0.8 million in the prior year as a result of an increased number of contracted service providers needed due to the growth of the business lines such as TRS trading and NFT, as well as a one-off special inventive scheme for the year ended December 31, 2021.
- Research and Development Expenses were $1.2 million in 2021 in connection with developing and enhancing the Metaverse project.
- Interest Expenses increased to $1.6 million from $0.2 million in the prior year, primarily attributable to the amortization of debt discounts of US$0.8 million from convertible debenture, as well as interest of US$0.8 million paid for loans borrowed from TRS trading service business partners.
- Depreciation Expenses increased to $0.9 million from $40,556 in the prior year, mainly attributable to the depreciation of newly acquired copyrighted trading software programs related to CFD and TRS trading services from March 2021.
- Marketing Expenses increased by 40.3% yoy to $0.9 million from $0.7 million in the prior year, mainly due to marketing expenses incurred to maintain existing customers and develop new customers, while promoting the businesses and branding activities.
- Other Expenses increased to $0.1 million from $11,464 in the prior year.
Net (loss) income
Net loss was $0.8 million for the year of 2021, compared to a net loss of $2.6 million in 2020.
Net Income/(loss) attributable to LGHL
Net income attributable to LGHL was US$27,782 for the year of 2021, compared to a net loss of US$2.6 million in 2020.
Net loss attributable to LGHL ordinary shareholders per ADS
Diluted net loss per ADS was $0.27 in 2021, compared to a diluted net loss per ADS of $0.25 in 2020.
Non-GAAP Financial Results
Non-GAAP net income attributable to LGHL, excluding change in fair value of warrant liabilities, stock-based compensation expenses and amortization of debt discounts and depreciation expenses, was $3.0 million for the full year of 2021, compared to non-GAAP net income of $0.4 million for the full year of 2020. Non-GAAP diluted net income attributable to LGHL per ADS was US$0.09 in 2021, compared to a non-GAAP diluted net income per ADS of US$0.04 in 2020.
Liquidity
As of December 31, 2021, the Company's cash and restricted cash were $15.1 million (excluding $0.7 million of restricted cash), compared to $3.4 million (excluding $1.4 million of restricted cash), as of December 31, 2020, Net cash used in operating activities was $20.5 million. Net cash used in investing activities was $12.1 million. Net cash provided by financing activities was $43.6 million.
BUSINESS OUTLOOK
Based on current market and operating conditions, the Company expects revenue to grow to approximately $41 million for the full year 2022, representing approximately 50% growth on a year-over-year basis, primarily driven by our TRS and CFD trading business. This estimate does not include potential revenues from our SPAC business dealings. This forecast reflects the Company's current and preliminary views, which is subject to change, including any potential future impact of the COVID-19 pandemic, the effects of which are difficult to analyze and predict.
Non-GAAP Financial Measures
This press release includes reconciliations of the most comparable financial measures calculated and presented in accordance with accounting principles generally accepted in the U.S. ("GAAP") to non-GAAP financial measures. The Company's calculation of Non-GAAP (loss) income (net loss or income before change in fair value of warrant liabilities, stock-based compensation and amortization of debt discounts and depreciation expenses) and Non-GAAP EPS differs from EPS based on net (loss) income because it does not include change in fair value of warrant liabilities, stock-based compensation and amortization of debt discounts and depreciation expenses, which are non-cash charges. The Company believes that the non-GAAP measures provide useful information about our core operating results, enhance the overall understanding of our past performance and future prospects and allow for greater visibility with respect to key metrics used by our management in its financial and operational decision-making.
For more information on the non-GAAP financial measures, please see the table captioned "Unaudited Reconciliations of Non-GAAP and GAAP Financial Results" set forth at the end of this press release.
About Lion
Lion Group Holding Ltd. (Nasdaq: LGHL) operates an all-in one, state-of-the-art trading platform that offer a wide spectrum of products and services, including (i) total return service (TRS) trading, (ii) contract-for-difference (CFD) trading, (iii) insurance brokerage, and (iv) futures and securities brokerage. In addition, Lion owns a professional and experienced SPAC sponsorship team to become a leader in the SPAC arena, helping guide private companies through their listing journey while creating value for Lion itself. Lion is also fully committed to building the world's top one-stop, cross-chain, high-expansion non-fungible token (NFT) marketplace and entering metaverse space through blockchain technology. Additional information may be found at http://ir.liongrouphl.com.
Safe Harbor Statement
This press release contains, "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Lion's actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "might" and "continues," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, but are not limited to, statements about: Lion's goals and strategies; our ability to retain and increase the number of users, members and advertising customers, and expand its service offerings; Lion's future business development, financial condition and results of operations; expected changes in Lion's revenues, costs or expenditures; the impact of the COVID-19 pandemic; competition in the industry; relevant government policies and regulations relating to our industry; general economic and business conditions globally and in China; and assumptions underlying or related to any of the foregoing. Lion cautions that the foregoing list of factors is not exclusive. Lion cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Lion does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, subject to applicable law.
Additional information concerning these and other factors that may impact our expectations and projections can be found in Lion's periodic filings with the SEC, including Lion's Annual Report on Form 20-F for the fiscal year ended December 31, 2020. Lion's SEC filings are available publicly on the SEC's website at www.sec.gov.
CONTACTS
Lion Group Holding
Tel: +65 88773871
Email:ir@liongrouphl.com
ICR, LLC
William Zima
Tel: +1 203 682 8233
Email: ir@liongrouphl.com
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| 2022-04-19T08:08:15Z
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KAWASAKI, Japan, April 19, 2022 /PRNewswire/ -- Mediscience Espoir Inc. announced on April 19 that it is looking for U.S. partners for oxygen clathrate hydrates and oxygen solutions based on its proprietary technology. The company obtained "Substance Patent" in the United States (US 10,913,037 B2) in February 2021 for oxygen clathrate and oxygen solutions containing the same, with the patent used for producing oxygen delivery water "WOX (R)" (*).
(*) WOX (R) oxygen delivery water is revolutionary liquid which can deliver oxygen into the human body.
Reference: https://kyodonewsprwire.jp/attach/202204149978-O1-EfQpF59V.pdf
Images: https://kyodonewsprwire.jp/release/202204149978?p=images
- Invention of oxygen clathrate hydrate and oxygen solution
Oxygen is dissolved and stabilized in pure water as an oxygen clathrate hydrate by the company's special technology. Oxygen clathrate hydrate is epoch-making substance that can help the human body replenish oxygen by drinking. Oxygen can be delivered into the human body by the technology, without using lungs. Oxygen delivery water, called WOX (R), has been sold in Japan (17 fl oz. /$5). The cumulative sales are over 3.5 million bottles in 8 years, and the repeat customer rate is over 90%.
- Oxygen clathrate hydrate technology can be used in various fields:
Cosmetics, supplements, drinks, pets, pharmaceuticals, food, agriculture, aquaculture, eco-friendly products, etc.
About Mediscience Espoir Inc.
Since 2004, Mediscience Espoir has been developing new technologies which can be used for various revolutionary products from consumer products to pharmaceuticals. It has received over 20 patents with the following three technologies:
- Vaccination technology
- Gas-liquid fusion technology
- Nano-metal stabilization technology
By incorporating one or more of these technologies into the process or product, the possibilities for improvement are infinite.
Official website: https://ms-espoir.co.jp/en/
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| 2022-04-19T08:08:22Z
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HONG KONG, April 19, 2022 /PRNewswire/ -- Since the latest COVID-19 outbreak which started in March in Shanghai, China, Fosun Foundation has been promptly responding to the needs from the city's universities, hospitals, and communities. On April 1, Fosun Foundation initiated the "Community Support Action", and helped pave the last mile of logistics.
As of April 18, over 670,000 pieces of anti-epidemic packs and daily necessities, have been delivered to 315 communities in 14 districts including Putuo, Changning, Minhang, and Baoshan on both sides of the Huangpu River.
"We all live in a community, and we know what is in urgent need. But each community is different, so we are trying our best to match them precisely and running ahead of time," Li Haifeng, executive president of Fosun International and chairman of Fosun Foundation, said, "We are delivering the essentials to those who demand them most."
Recently, the epidemic prevention and control in Shanghai, where Fosun is based, is at a critical moment for epidemic prevention and control. Enterprises and charitable organizations are playing a significant role in tackling production issues and increasing transport capacity amid strong COVID-19 resurgence.
On April 15, more than 51,000 pieces of anti-epidemic goods departed from Fosun emergency materials distribution center in Baoshan District, a suburban area in the north of Shanghai. From checking-list to loading, staff there were as busy as in any of the past 35 days.
In the same afternoon, Hongqiao Community in Changning District close to the city center received 100 protective suits, 200 shoe-covers, 100 face-shields, 2,000 gloves, 100 surgical masks, as well as 300 COVID-19 rapid antigen testing kits. These were the second batch of "community support pack" delivered by Fosun Foundation, which were good enough for 20 volunteers working in this community for a week.
"Our volunteers are under fair protection now. Our residents also feel more safe and relieved," Told Mei Hai, head of resident committee of the Hongqiao community.
Hongqiao community consists of 1,860 units and a total of 3,345 inhabitants. Among them, 34.7% are elders. In the face of the current challenging epidemic situation, over 200 volunteers have been working in the front line, and there is a huge demand for the protective materials due to the shortage. On April 6, a resident contacted Fosun Foundation for help. The first batch of "community support pack" including 300 protective suits, 800 surgical masks and 300 hat-shields arrived the next day to support the community in fighting the epidemic.
In early April, in Weifang Xincun, a community located in Pudong New District, Chen Sisi led a 28-member volunteering team serving a residential building with 390 dwellers. At first the team owned only 10 protective suits, which required cleaning and disinfection, until the new sets donated by Fosun Foundation reached to her. "Fosun's timely delivery passes the courage of persistence to us," Chen described in a thank-you letter.
In another community in Pudong, Chen Xiao has organized a volunteer team and provided assistance to her neighbors. "Due to the shortage of protective materials, the delivery of 100 protective suits by Fosun Foundation to our community arrived just in time. We are very grateful that Fosun Foundation reached out a helping hand and donated anti-epidemic materials to help families in need," Chen said.
Many more communities, large or small across the city with 25 million population, are in the delivery list of Fosun Foundation's "Community Support Action" - 800 items for Wenyuanfang, 900 items for Da'an Garden, 190 items for Huacheng resident committee, etc. The action team has been working 24/7 in multiple distribution centers and on the road, ensuring numerous communities can receive the necessities as soon as possible.
"Many a little makes a mickle. By the streams of our continuous efforts, we are safeguarding our volunteers, safeguarding our residents, and safeguarding our great city," Li added.
About Fosun Foundation
Since its establishment, Fosun has been adhering to its core value of "Self-improvement, Teamwork, Performance and Contribution to Society", shouldering corporate social responsibilities and insisting on serving the society, the people and the nation. Founded in November 2012, Fosun Foundation's core businesses include disaster relief, poverty alleviation, healthcare, education, culture, art, youth entrepreneurship, etc. In 2021, Fosun Foundation was awarded "5A Social Organization".
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| 2022-04-19T08:08:22Z
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NEW YORK, April 18, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of TaskUs, Inc. (NASDAQ: TASK) between June 11, 2021 and January 19, 2022, inclusive (the "Class Period"), of the important April 25, 2022 lead plaintiff deadline.
SO WHAT: If you purchased TaskUs securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the TaskUs class action, go to https://rosenlegal.com/submit-form/?case_id=3647 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 25, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) TaskUs was experiencing severe financial strain and business challenges, particularly with its most important customer Facebook; (2) the Content Security market was smaller than defendants represented and defendants' representations were based on outdated market data; (3) TaskUs improperly recognized revenue from certain key contracts; (4) defendants overstated the size of TaskUs' workforce as well as employee retention rates, and understated attrition rates; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the TaskUs class action, go to https://rosenlegal.com/submit-form/?case_id=3647 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.
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https://www.whsv.com/prnewswire/2022/04/19/rosen-globally-recognized-firm-encourages-taskus-inc-investors-with-losses-secure-counsel-before-important-april-25-deadline-securities-class-action-task/
| 2022-04-19T08:08:29Z
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NEW YORK, April 18, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Vertiv Holdings Co (NYSE: VRT) between April 28, 2021 and February 23, 2022, inclusive (the "Class Period") of the important May 23, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Vertiv securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Vertiv class action, go to https://rosenlegal.com/submit-form/?case_id=4841 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 23, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Vertiv could not adequately respond to supply chain issues and inflation by increasing its prices; (2) as a result of the increasing costs, Vertiv's earnings would be adversely impacted; and (3) as a result of the foregoing, defendants' positive statements about Vertiv's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Vertiv class action, go to https://rosenlegal.com/submit-form/?case_id=4841 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.
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https://www.whsv.com/prnewswire/2022/04/19/rosen-national-trial-lawyers-encourages-vertiv-holdings-co-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-vrt/
| 2022-04-19T08:08:36Z
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Industry-leading sustainability goals, and a commitment to focus on trend-right innovation and quality, mark first steps on the private brand's journey to become a regenerative brand
BENTONVILLE, Ark., April 19, 2022 /PRNewswire/ -- Sam's Club members are increasingly looking for quality and value, as well as for items that are on-trend and offer sustainable qualities. In response to this feedback and in line with its obsession for delivering items and experiences its members desire, the leading warehouse club is announcing that it is evolving its Member's Mark™ private brand to become a purpose-driven brand.
Throughout the past two years, Sam's Club has worked behind the scenes to strengthen its assortment of Member's Mark items. It has launched, renovated, and reformulated more than 1200 items since 2020, and as a result, more and more members are citing Member's Mark products as a reason they renew their memberships.
To build on this momentum, Sam's Club is introducing a new identity for its Member's Mark brand – "Made with Our Member and Planet in Mind" – that comes with an aspiration for all items to be of the highest quality while featuring trend-right innovation and a focus on people and the planet.
"The Sam's Club member is at the center of everything we do, so as we continue to evolve the Member's Mark brand, we intend to develop items that are reflective of the ingredients, processes and materials they want – and don't want – in their products," said Prathibha Rajashekhar, senior vice president, Private Brands and Sourcing, Sam's Club. "Now, as we introduce new Member's Mark items and renovate existing ones, we are making decisions that not only focus on quality, innovation and value, but on the impact we are making on the world around us."
A Vow to Focus on Regeneration
In 2020, Walmart announced its goal to become a regenerative company, which inspired Sam's Club to re-evaluate its Member's Mark brand. With many highly rated Member's Mark items already including sustainable attributes, like the Fair Trade Certified™ Member's Mark Colombian Supremo Coffee, Sam's Club saw an opportunity to continue evolving its private brand in a way that serves people, climate, and nature while reducing waste.
In addition to a set of new goals that it aspires to achieve by 2025 (available in the Sam's Club Newsroom), Sam's Club aims to remove certain ingredients from Member's Mark food and consumable products, while boosting its assortment of items that are made using practices that promote animal welfare, help support land and ocean health, mitigate deforestation, utilize more sustainable textiles, and come from renewable sources.
It also aims to incorporate more recyclable, reusable, and industrially compostable components in Member's Mark items and packaging. Additionally, Sam's Club plans to take an active role in reducing the brand's environmental footprint by calling for suppliers of Member's Mark items to participate in Walmart's signature private sector consortium to reduce or avoid one billion metric tons of greenhouse gas emissions: Project Gigaton™.
Sam's Club has also set an aspiration to source Member's Mark items more responsibly and to create inclusive economic opportunities by diversifying its supplier base over the years. Above all, Sam's Club aims to embrace a regenerative mindset as it develops Member's Mark items, placing nature, humanity, and its members at the center of item innovation and renovation.
New Look to Reinforce Quality, Trend & Innovation
To celebrate the new brand identity, Sam's Club is introducing a new Member's Mark logo and design construct featuring a subtle checkmark, helping to communicate the high-quality of Member's Mark items and its focus on people and the planet. Members will begin to see the new logo and check design included on packaging over the next 18 months.
As it continues to innovate Member's Mark items, Sam's Club will partner closely with the Walmart Sustainability team and leverage the My Member's Mark Community, a group formed in 2019 that includes more than 40,000 Sam's Club members who provide feedback and input on Member's Mark items throughout every phase of a product's lifecycle.
Member's Mark was founded by Sam's Club in 1998, and in 2017, Sam's Club consolidated its 20 proprietary brands into Member's Mark. Member's Mark items are available across a variety of categories, including grocery, health and wellness, baby, apparel, home and furniture products, office, technology, and more.
For multi-media assets, please visit the Sam's Club Newsroom.
About Sam's Club
Sam's Club®, a division of Walmart Inc. (NYSE: WMT), is a leading membership warehouse club offering superior products, savings, and services to millions of members in nearly 600 U.S. clubs, including Puerto Rico. Now in its 39th year, Sam's Club continues to redefine warehouse shopping with its highly curated assortment of high-quality fresh food and Member's Mark items and market-leading technologies and services like Scan & Go™, Curbside Pickup and home delivery service in select markets. To learn more about Sam's Club, visit the Sam's Club Newsroom, shop at samsclub.com, and interact with Sam's Club on Twitter, Facebook, Instagram, and Tik Tok.
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https://www.whsv.com/prnewswire/2022/04/19/sams-club-reveals-new-ambitions-members-mark-brand/
| 2022-04-19T08:08:42Z
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- An original NFT project based on sandoll's assets, the first font-company in Korea
- Officially registered NFT in the Polygon's ecosystem
- Each Hangul consonant and vowel letters have its own NFT which allows buyers to create their own Korean words by mix and matching the letters.
SEOUL, South Korea, April 19, 2022 /PRNewswire/ -- On April 25th, sandoll Meta Lab (Sungmin Cho, CEO) plans to release an NFT project "TYPY", where NFT is applied to 40 consonants and vowels of Hangeul letter allowing various combinations of Korean words.
sandoll Meta Lab, a subsidiary of "sandoll Co., Ltd."(http://www.sandoll.co.kr) and Korea's first font-company established in 1984 under the name of "sandoll Typographics", is a font company that operates "sandoll Cloud", the largest "font platform service" in Korea.
Last year, sandoll Meta Lab conducted research and development of advanced blockchain technologies such as separation and combination of NFTs and active "Dapp" (Decentralized App) with Hanguel as the theme. Based on this, the first NFT project "TYPY" was released, challenging the global NFT market.
TYPY's base ideas is that the owner of purchased consonants and vowels of Hangul through minting or trading can create Hangul words through various combinations and create an NFT. The company plans to hold the first minting on April 25th.
Through the process of separating and combining NFTs, it will be possible to create valuable new NFTs. Special benefits will be provided with every successful combination of specific words.
TYPY's core value and competitiveness are to promote Hangeul, teach the principle of word formation through the combination of consonants and vowels, and provide value and fun to owners.
Currently, there are 350 disclosed words with benefits, most of which are block-chain-related Korean words, however "TYPY" is expected to continuously introduce Korean history and entertainment-related words in the future.
In addition, sandoll Meta Lab plans to expand a wide range of NFT businesses using various contents, starting with "TYPY", and actively seeks ways to create synergy in the block chain business.
CEO Sungmin Cho said, "I think it is very meaningful in that it is the first NFT project introduced by a company with font as its identity. Based on the technology of separating and combining NFTs, which is rare in Korea, when the scientific principles of Hangeul can be taught to people around the world, we can expect that we will be able to take the lead as a global Hangeul culture evangelist."
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https://www.whsv.com/prnewswire/2022/04/19/sandoll-meta-lab-releases-typy-global-nft-project-based-korean-fonts/
| 2022-04-19T08:08:49Z
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Book Offers a Complete Game Plan for Designing, Building and Managing High-Performing Customer Education Programs
BOSTON, April 19, 2022 /PRNewswire/ -- Thought Industries, provider of the world's leading platform for customer learning, today announced the launch of The Customer Education Playbook: How Leading Companies Engage, Convert and Retain Customers (John Wiley & Sons, April, 2022).
The book, co-authored by Thought Industries executives Barry Kelly, Chief Executive Officer, and Daniel Quick, Senior Vice President, Learning Strategies, is based on the experience of the authors and the company in helping businesses design, build and manage customer education programs and measure their impact and returns.
"Customer education is the ideal way to build enduring customer relationships," Kelly said. "In The Customer Education Playbook we show businesses how to engage with customers throughout their lifecycle so they are better informed about your product pre-purchase, take less time to onboard and reach time to value, and fully engage with your product long-term to improve renewal rates and provide genuine advocacy for your brand."
The book outlines a 12-step process for building customer education programs that create value by streamlining trials, expediting onboarding, reducing customer acquisition costs and customer churn, and lowering customer support demands. "A well-designed, well-executed customer education program shortens the time required for customers to realize the promised value and benefits of a business's products or services, and that's key to building affinity and advocacy," Kelly said.
Quick said that fundamental to the customer education approach outlined in the book is thinking beyond the offering itself to instead focus on the job the customer is trying to do. "We think customer education and training should be more than a service that reacts to requests for help," said Quick. "Instead, we explain how to focus on making sure customers learn the right things at the right time in the right mode to gain confidence and mastery in the use of your products and services."
The Customer Education Playbook also explores content creation and curation issues, how to determine the best formats for different customer learning needs, and how to ensure training and education materials are engaging enough to be consumed by busy customers. In addition, the book examines the required skill sets and optimal organizational models for customer education and training teams, as well as how to evaluate the effectiveness and return on investment of customer education programs.
The Customer Education Playbook is getting the attention of industry pioneers, including Nick Mehta, CEO of Gainsight. "Customer Learning is the natural evolution in customer-centricity," he said. "This book gives any business the knowledge on how to educate your customers for increased retention and a competitive advantage in the Customer Success landscape."
The Customer Education Playbook is available nationwide wherever books are sold. For more information about the book, visit the Thought Industries website.
About Thought Industries
Thought Industries provides the world's #1 software platform for customer learning management (CLM). Industry leaders use CLM to grow revenue, increase customer loyalty, and ensure customer success across technology, manufacturing, healthcare and other industries with complex products and training requirements. Thought Industries was founded in 2014 around the core belief that online learning experiences should be modern, intuitive, engaging and scalable. Headquartered in Boston, Thought Industries has offices across North America and Europe.
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| 2022-04-19T08:08:55Z
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GUANGZHOU, China, April 19, 2022 /PRNewswire/ -- We are happy to announce that TopOn has moved out of closed beta and is now an official open beta bidding partner with Meta Audience Network! By making bidding with Meta Audience Network more widely available, the integration is now available for all publishers to join Meta Audience Network's bidding system immediately without manual approval, making it quicker and easier to experience the full benefits of in-app bidding.
"Meta Audience Network supports the move to an open and fair ecosystem, offering a variety of bidding integration options to help publishers adopt bidding in the best way that works for their business. We believe this new partnership will add further value to both TopOn and our publishers as we expand our bidding demand sources with Meta Audience Network, the largest bidding partner in the industry." said Harry Yang, Chief Marketing Officer of TopOn. "This is a key step forward in making it seamless for publishers to maximize ad revenue and improve operational efficiency."
Several of the publishers experienced substantial revenue growth following bidding implementation, recording between 13% and 27% uplift in average revenue per daily active user (ARPDAU), according to the report The New Era in Ad Monetization: How App Bidding is Transforming Businesses by Meta. Besides, contrary to the aggregated monetization approach of waterfall, the potential impact of the post-IDFA world can be eliminated by helping publishers to increase the value of individual impressions instead.
At TopOn, continuous product development has always been our core focus, with this automatic integration to bidding now, when every demand source bids in an open and fair real-time auction you see more competition for your inventory, which means better prices for every impression. Besides, by removing the burden of maintaining complex waterfalls, bidding helps you focus on driving more impact for your business. Moreover, bidding allows you to easily add more demand sources, helping you increase competition for your inventory with minimal effect on latency and freeing up operational resources.
In addition, TopOn always provides fair and transparent in-app bidding solutions for developers and publishers. Based on different situations on different advertising platforms towards bidding, we have launched Intelligent Hybrid-Sorting solution, which maximizes revenue of each impression through setting strategies flexibility according to characteristics and actual communications from each platform.
The significant Meta ad ecosystem will join our other bidding partners like Mintegral, myTarget, InMobi, Pangle, Tencent ads, Baidu etc, helping drive more competition for publishers' inventory. If you're interested in taking advantage of the benefits of Advanced Bidding, please reach out to your account team or business@toponad.com to request access.
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https://www.whsv.com/prnewswire/2022/04/19/topon-moves-into-in-app-bidding-open-beta-meta-audience-network/
| 2022-04-19T08:09:02Z
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FARNBOROUGH, United Kingdom, April 19, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, today announced it has joined the Space Cluster on the Harwell Science and Innovation Campus as it seeks new technology and research partnerships in the UK.
Harwell is home to the largest concentration of space expertise in the UK, with more than 1,400 people employed across over 100 private and public sector organizations, including the UK Space Agency and the European Space Agency. Harwell estimates that the space industry contributes £5.7 billion to UK GDP.
With the opening of a new office at the Harwell Campus, Viasat is demonstrating its intent to play an active role within the UK's space ecosystem while contributing its expertise in space-based broadband communications to the Harwell community.
"The Harwell Space Cluster is widely recognized as an integral part of the UK's space sector, bringing together dynamic, innovative organizations from across the UK and European Union," said Rick Baldridge, Viasat's president and CEO. "We are looking to build relationships in the UK that can help add value and new capabilities to our global ViaSat-3 constellation of satellites, which will extend broadband internet service to the hardest-to-reach places in the world. We look forward to creating alliances with UK organizations in areas such as space safety and sustainability, encryption and data security, terminal development and more."
The first of three ViaSat-3 high-capacity satellites is scheduled for launch later this year. The constellation is expected to deliver over 3 Terabits per second (Tbps) of total network capacity, or roughly eight times the capacity of Viasat's current fleet.
"We are delighted to have Viasat join the Harwell Campus," said Dr. Joanna Hart, development manager, Harwell Space Cluster. "It is an innovative communications company known for working with growing start-ups in the satellite and space community. Viasat will be able to access the world-leading space research and technology we offer, spotting valuable commercial opportunities and next-generation innovations."
The Harwell Campus is interested in capitalizing on the rapid changes in space technology, and building links with other international space clusters, to help the UK achieve its National Space Strategy goal: to be 10% of the global space-related economy by 2030.
About Viasat
Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 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 at: Facebook, Instagram, LinkedIn, Twitter or YouTube.
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 launch timing of the first ViaSat-3 satellite and expected capacity of the ViaSat-3 constellation; and the opportunity to expand or share certain alliances, businesses, technologies or applications with Harwell Campus participants, and the resulting benefits. 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 satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; contractual problems, product defects, manufacturing issues or delays, regulatory issues, technologies not being developed according to anticipated schedules, or that do not perform according to expectations, and increased competition and other factors affecting the connectivity market, 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.
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https://www.whsv.com/prnewswire/2022/04/19/viasat-joins-harwell-space-cluster-support-uk-innovation/
| 2022-04-19T08:09:09Z
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TOKYO, April 19, 2022 /PRNewswire/ -- WealthPark Co., Ltd. (hereinafter "WealthPark") is pleased to announce that its research arm WealthPark Lab has released the white paper -- WealthPark Global Residential PropTech Study 2022 Vol.1. This white paper, available in English and Japanese, covers global residential real estate technology trends.
Image:
https://kyodonewsprwire.jp/prwfile/release/M107023/202204150019/_prw_PI1fl_687m2E2l.jpg
- Introduction of "WealthPark Global Residential PropTech Study"
This white paper describes trends in technology companies in the area of residential real estate (PropTech companies) as part of WealthPark's ongoing research on global technology trends and technology companies.
"The biggest wealth in the world" and "The latest information technology." WealthPark believes that where these two intersect, there will be affluence and happiness for people and society. At the intersection of these two, residential PropTech companies are there around the world, although their names are still unknown to the general public. WealthPark is committed to keeping a close eye on the residential PropTech industry as a whole, as well as on small startups, to capture the seeds of change that will take place in the world in the years to come.
WealthPark hopes that the report will be of help to various people who are working for the enrichment and happiness of people and society.
For "WealthPark Global Residential PropTech Study 2022 Vol.1," click here to download: https://wealth-park.com/en/business/download/wpl-wp001-en/
Table of Contents
- Introduction ("Welcome to Our Study")
- Residential PropTech Trends
- SPAC Spotlight
- Five Key Business Segments
- Venture Funding of the Industry
- Snapshots of 10 Highlighted Companies
- Residential PropTech Market Map
About WealthPark Lab:
https://kyodonewsprwire.jp/prwfile/release/M107023/202204150019/_prw_PA4fl_m7hu1RH3.pdf
About Kay (Kosuke) Kato, President and Investment Evangelist, WealthPark Lab:
https://kyodonewsprwire.jp/prwfile/release/M107023/202204150019/_prw_PA1fl_gn841TF8.pdf
About WealthPark Co., Ltd.:
https://kyodonewsprwire.jp/prwfile/release/M107023/202204150019/_prw_PA3fl_4eE6AuyR.pdf
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https://www.whsv.com/prnewswire/2022/04/19/wealthpark-lab-releases-white-paper-wealthpark-global-residential-proptech-study-2022/
| 2022-04-19T08:09:15Z
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Man inhales drill bit into lung while at dentist
KENOSHA, Wis. (WISN) - What began as a routine dental visit landed an Illinois man in the hospital after he inhaled the dentist’s drill bit. A rare medical procedure was needed to remove it from his lung.
Tom Jozsi, a 60-year-old maintenance worker, says he was at the dentist getting a tooth filled when he swallowed an inch-long drill bit.
“I didn’t really even feel it going down. All I felt was a cough,” he said.
Doctors believe that inhaling just before he coughed sent the metal object deep into Jozsi’s airways. The bit ended up so deep that normal scopes couldn’t reach it, according to pulmonary expert Dr. Abdul Alraiyes.
“When I saw the CAT scan and where that object is sitting, it was really far down on the right lower lobe of the lung,” Alraiyes said.
“What happens if he can’t get it out? And really, the answer was part of my lung was going to have to get removed,” Jozsi said.
That’s when Alraiyes and the team at Aurora Medical Center-Kenosha decided to try a newer device, one not designed for removing foreign objects but instead for early detection of cancer.
Video of the scan shows the medical team was able to navigate the narrow airways, reach the drill piece and pull it out without any harm to the patient.
“I was never so happy in my life when I opened my eyes and I saw him with a smile under that mask, shaking a little plastic container that had the tool in it,” Jozsi said.
Joszi now keeps the drill bit on a shelf at home. It was in his lung for four days.
Alraiyes says he has heard from colleagues in both Michigan and Ohio who report seeing cases nearly identical to this one.
Copyright 2022 WISN via CNN Newsource. All rights reserved.
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https://www.wvva.com/2022/04/19/man-inhales-drill-bit-into-lung-while-dentist/
| 2022-04-19T08:17:16Z
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...SMALL CRAFT ADVISORY NOW IN EFFECT UNTIL 6 PM HST TUESDAY...
* WHAT...Northeast winds 20 to 25 kt with higher gusts.
* WHERE...Kauai Northwest Waters, Kauai Windward Waters, Kauai
Leeward Waters, Kauai Channel, Oahu Windward Waters, Oahu
Leeward Waters, and Kaiwi Channel.
* WHEN...Until 6 PM HST Tuesday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
The Internal Revenue Service tax filing deadline in 2022 is scheduled for April 18. Here's what you need to know about filing your 2021 taxes.
Millions of Americans wait until the last minute to file their taxes, including here in Hawaii.
Today is Tax Day, the deadline to file your federal income tax forms and payments. Tax Preparers offer about advice you might not know about, especially if you are a new business.
RP tax service has seen a jump of 25% in new clients with 100 people filing for extensions. The tax preparers say many people are filing online with them. Some recent tax changes include making charitable donations up to $300 in goods or cash, which can bring taxable income down. Other additions that can save: deduct child care services, pre-school and aftercare plus, school tuition.
Since the pandemic, many people have started their own businesses, and now have tax deductions they can take advantage of.
Jacob Siaosi from RP Tax Service says, "Lots of people start their own business like Doordash, Uber, especially since they got let go from their old jobs, " says Jacob Siaosi from RP Tax Service. "So everyone started their own side business. And with your own business you can get deductions. "
At the post office, those who were mailing off their tax returns, were just happy to get them in by the federal deadline.
"This is really a happy day, I've been down to the post office at Christmas time standing in the lines here, but this is a happy day because, I'm done, finished so thank you, God and this is it for this year!" says John Scott, who was mailing his taxes today.
The National Society of Tax Professionals says if people have not filed their federal taxes by now, they are better off filing an extension. However, you still have to pay the taxes owed by the deadline even if filing for an extension.
State of Hawaii taxes need to be filed by Wednesday, April 20th.
Cynthia is an award-winning journalist who returned to Hawaii as an Anchor/Reporter/MMJ from Houston. She is a graduate of the University of Hawaii with a B.A. and M.B.A. DM her on IG @CynthiaYipTV to share stories.
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https://www.kitv.com/news/business/tax-day-means-last-minute-filings-for-many-experts-share-tips-to-save-money-file/article_a65af0b8-bf98-11ec-bfbc-e7a675dcf2c0.html
| 2022-04-19T09:26:54Z
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...SMALL CRAFT ADVISORY NOW IN EFFECT UNTIL 6 PM HST TUESDAY...
* WHAT...Northeast winds 20 to 25 kt with higher gusts.
* WHERE...Kauai Northwest Waters, Kauai Windward Waters, Kauai
Leeward Waters, Kauai Channel, Oahu Windward Waters, Oahu
Leeward Waters, and Kaiwi Channel.
* WHEN...Until 6 PM HST Tuesday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
A recent spate of violent crimes on Oahu is worrisome for many in the community.
"When we look at a spike like this, in Hawaii's violent crime, this is very significant because it's a big change from the past couple of decades," said Criminologist Meda Chesney-Lind.
Crime in general is increasing as we start to return to normalcy, according to the Honolulu Police Department.
Economic problems and the psychological toll caused by COVID-19 are driving the trend.
"I think when people are desperate they tend to, you know, sometimes get into conflicts that are much worse," said Connie Mitchell, executive director for The Institute for Human Services. "People just perpetrating really awful crimes."
More people are now in economic hardship and struggling with mental illness, which often leads to drug abuse and other negative coping mechanisms, Chesney-Lind said.
"We've been able to count on the fact that even when Hawaii had assaults and robberies, we didn't typically see a lot of involvement of guns. And that's shifted," she added. "It's a predatory kind of behavior that's really deeply disturbing."
State officials and social service providers are considering proposals for stricter gun laws in Hawaii and more programs for at-risk youth, mental health and drug abuse treatment to get ahead of the problem.
The National Alliance on Mental Illness, or Nami Hawaii, is starting another class next week to equip Honolulu police officers with tools on dealing with those suffering from mental illness.
And the Institute for Human Services said it's also doing more drug education for people on the streets and stressing the importance of getting treatment and into stable housing.
"It's a really hard sell," Mitchell said.
But if we don't do something now, experts fear the more violent crimes could quickly spiral out of control and start to become the norm.
Kristen joined KITV4 in March 2021 after working for the past two decades as a newspaper reporter. Kristen's goal is to produce meaningful journalism that educates, enlightens and inspires to affect positive change in society.
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https://www.kitv.com/news/experts-worried-about-spate-of-violent-crimes-on-oahu/article_e53a9c20-bf93-11ec-b3ae-efff67faa9f8.html
| 2022-04-19T09:27:00Z
|
...SMALL CRAFT ADVISORY NOW IN EFFECT UNTIL 6 PM HST TUESDAY...
* WHAT...Northeast winds 20 to 25 kt with higher gusts.
* WHERE...Kauai Northwest Waters, Kauai Windward Waters, Kauai
Leeward Waters, Kauai Channel, Oahu Windward Waters, Oahu
Leeward Waters, and Kaiwi Channel.
* WHEN...Until 6 PM HST Tuesday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
Cat colony at the Grand Wailea resort may be eradicated amid lawsuit
WAILEA, MAUI (KITV4) - For 8 years, Kelli Medeiros has been volunteering to care for several cats who live in a cat colony at the Grand Wailea Resort in Maui. At one time, over 300 cats lived at the Grand Wailea Maui, but today, only 31 felines are on the 40 acre property. All of the cats have been spayed, neutered, and vaccinated.
The nonprofit Earthjustice recently filed a lawsuit against the resort, sighting lighting problems for endangered seabirds at the Grand Wailea. The lawsuit alleges that the hotel lights attract seabirds and cause them to fall from the sky, because the birds mistake the lights for the moon which they use to navigate.
The Resort bartender, who is also a vet tech at The Good Cat Network, says she was told by a manager that a meeting on Monday would call for the removal of the cats, presumably in response to the lawsuit.
"The word eradicate was used in what my manager read to me. If their plan is to kill these 31 fat, senior gentle cats, who have been provided care, and who have lived in the same place their whole lives, it seems totally inhumane and unjust, " says Kelli Medeiros, Cat Caretaker at the Grand Wailea.
Since tourists sometimes feed the cats on the property, some believe eradicating them won’t be so easy to do.
"If they get rid of these cats, more cats are guaranteed to come into that location, and if you have guests who are feeding cats, all over the property which people do, it's human nature, and you're going to find there will be more and more cats arriving and they will be giving birth and it no time you will have a population that is out of control. You will have cats everywhere," states Jenny Miller of the Maui Humane Society.
A spokesperson at Grand Wailea told KITV4 that the "Grand Wailea is working with local experts to evaluate Grand Wailea's preventive measures, including the feral cat management program, which will continue operating as we explore options and partnerships to assist us in identifying enduring and humane solutions."
Cynthia is an award-winning journalist who returned to Hawaii as an Anchor/Reporter/MMJ from Houston. She is a graduate of the University of Hawaii with a B.A. and M.B.A. DM her on IG @CynthiaYipTV to share stories.
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https://www.kitv.com/news/local/cat-colony-at-the-grand-wailea-resort-may-be-eradicated-amid-lawsuit/article_af0169a4-bf98-11ec-a1ba-574df4c6f6c9.html
| 2022-04-19T09:27:06Z
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Concerns over scuba safety, bubble up after a busy weekend for rescuers.
Two different times divers had to be taken to the hospital.
Maunalua Bay is a busy place for ocean activities and is a popular place for diving, as there is plenty to see underwater.
"In Maunalua Bay there is reef diving, wreck diving, and drift diving," said Aaron's Dive Shop instructor Kitty Mahoney-Kim.
Those dives range from shallow, at 30 feet, all the way to deep dives over 100 feet.
There can also be a wide range of skill levels for divers.
Some are certified divers, who learn all about scuba gear and safety procedures, while taking a three day course that includes classroom time, training in a pool, and then a dive in the ocean. But some can jump in without any of those skills, by taking part in an introduction to scuba tour.
"You don't go through the 3 day course. You meet us on the boat, and we go through basic operations. I am with that person all the time underwater, controlling their gear and all they have to remember to breath and have a good time."
While the underwater views can be spectacular, Mahoney-Kim said divers can get into trouble, especially if they panic. Because you can't just take a time out when you're 60 feet below the surface
"A lot of people get nervous when water gets into their mask, because when the water touches their nose it makes them feel like they can't breathe."
On Sunday, an east Oahu Scuba company said it called 911 as a precaution after a diver came up from a shallow dive and said he felt weird.
Paramedics treated him for a possible case of decompression sickness, known as the bends, as they took him to the hospital.
"The bends are something you can avoid if you follow the proper steps coming up. You go really slow. You stop at 15 feet and do a safety stop. As long as you are calm and in control there is no reason why that would happen to someone."
That incident came a day after a woman, in her 50s, diving in the bay was found unresponsive.
She was rushed to shore, then taken to the hospital in critical condition.
The same scuba company said the woman was an advanced ocean water diver on one of their boats.
Two incidents in one weekend not only caught the attention of rescuers but also the dive industry.
"Anytime there is a bad event while diving, it makes people more nervous to try it or more afraid something will happen to them. But we take a lot of precautions before divers go in the water."
There is concern not every company does the same.
Some may have more divers on a tour.
Which could make it harder to help if someone panics or something goes wrong underwater.
"We keep a small operation size at Aaron's, it is us and 6 people. So it is easy to make sure everyone is following steps to ensure the safety of divers."
While scuba accidents do happen in Hawaii, the incident rate is still very low compared to the large number of divers in the water daily around the state.
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https://www.kitv.com/news/local/scuba-safety-concerns-increase-after-a-pair-of-diving-incidents/article_26f576d0-bf99-11ec-818e-dbcb75c3af2c.html
| 2022-04-19T09:27:12Z
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https://www.kitv.com/news/local/visitor-dies-after-snorkeling-off-poipu/article_0679c2e4-bfb2-11ec-98b4-fb36321b6496.html
| 2022-04-19T09:27:18Z
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Russia forces attacking along broad east front, Ukraine says
KYIV, Ukraine (AP) - Russian forces attacked along a broad front in eastern Ukraine on Tuesday as part of a full-scale ground offensive to take control of the country’s eastern industrial heartland in what Ukrainian officials called a “new phase of the war.”
Ukraine’s General Staff said Russian forces are focusing their efforts on taking full control of the Donbas region. “The occupiers made an attempt to break through our defenses along nearly the entire frontline,” the General Staff said in a statement early Tuesday.
The stepped-up assaults began Monday along a front of more than 300 miles (480 kilometers), focused on the Donbas regions of Donetsk and Luhansk, with the Russian forces trying to advance in several sections, including from the neighboring Kharkiv region.
In southern Donetsk, the General Staff said the Russian military has continued to blockade and shell the strategic port city of Mariupol and fire missiles at other cities.
On Monday, Ukrainian President Volodymyr Zelenskyy said in a video address that a “significant part of the entire Russian army is now concentrated on this offensive.”
Moscow-backed separatists have been fighting Ukrainian forces for eight years in the mostly Russian-speaking Donbas and have declared two independent republics that have been recognized by Russia. Russia has declared the capture of the Donbas to be its main goal in the war since its attempt to seize the capital, Kyiv, failed.
“No matter how many Russian troops are driven there, we will fight,” Zelenskyy vowed. “We will defend ourselves.”
Troops battled in the streets of Kreminna on Monday before Russia was able to gain control of the city, according to Serhiy Haidai, Luhansk regional military administrator.
Haidai said that before advancing, Russian forces “just started leveling everything to the ground.” He said his forces retreated to regroup and keep fighting.
The breakthrough at Kreminna brings the Russians closer to the city of Slovyansk, which is seen as a key target in the Russian offensive. Slovyansk was seized by pro-Russian fighters in 2014, only to be retaken by Ukrainian forces months later following intense fighting.
Russian troops have already seized the city of Izyum, which sits along a highway north of Slovyansk, and they are poised to push toward the city from the north and the east. Slovyansk lies just north of another key city, Kramatorsk, where an earlier Russian attack on a train station killed more than 50 people.
On Monday morning, Oleksiy Danilov, secretary of Ukraine’s national security council, told Ukrainian media that the defensive line had not been broken elsewhere.
“Fortunately, our military is holding out,” Danilov said.
In Mariupol, Denys Prokopenko, commander of the Azov Regiment of the Ukrainian National Guard, said in a video message that Russia had begun dropping bunker-buster bombs on the Azovstal steel plant where the regiment was holding out.
The sprawling plant contains a warren of tunnels where both fighters and civilians are sheltering. It is believed to be the last major pocket of resistance in the shattered city.
Russia has Mariupol surrounded and has been fighting a bloody battle to seize it. If Russia takes Mariupol, it would free up troops for use elsewhere in the Donbas, deprive Ukraine of a vital port, and complete a land bridge between Russia and the Crimean Peninsula, seized from Ukraine from 2014.
In western Ukraine near the Polish border, at least seven people were reported killed Monday in missile strikes on Lviv.
Lviv has been a haven for civilians fleeing the fighting elsewhere. And to the Kremlin’s increasing anger, the city has also become a major gateway for NATO-supplied weapons.
The attack hit three military infrastructure facilities and an auto shop, according to the region’s governor, Maksym Kozytskyy.
A hotel sheltering Ukrainians who had fled the fighting in other parts of the country was also badly damaged, Lviv Mayor Andriy Sadovyi said.
“The nightmare of war has caught up with us even in Lviv,” said Lyudmila Turchak, who fled with two children from Kharkiv in the east.
Kharkiv, Ukraine’s second-largest city, was hit by shelling Monday that killed at least three people, according to Associated Press journalists on the scene. Shelling could be heard overnight and into Tuesday morning in the major eastern city, which has been struck numerous times but remains firmly in Ukrainian control.
Moscow said its missiles struck military targets in eastern and central Ukraine including ammunition depots, command headquarters, and groups of troops and vehicles. It reported that its artillery hit hundreds of Ukrainian targets, and that warplanes conducted 108 strikes on troops and military equipment. The claims could not be independently verified.
Gen. Richard Dannatt, a former head of the British Army, told Sky News that Russia was waging a “softening-up” campaign ahead of the Donbas offensive.
A senior U.S. defense official, speaking on condition of anonymity to discuss the Pentagon’s assessments of the war, said there are now 76 Russian combat units, known as battalion tactical groups, in eastern and southern Ukraine, up from 65 last week. That could translate to around 50,000 to 60,000 troops, based on what the Pentagon said at the start of the war was the typical unit strength of 700 to 800 soldiers.
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Associated Press journalists Felipe Dana in Kharkiv; Nico Maounis and Philip Crowther in Lviv, Ukraine; and Robert Burns in Washington contributed to this report, as did other AP staff members around the world.
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Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wvva.com/2022/04/19/russia-forces-attacking-along-broad-east-front-ukraine-says/
| 2022-04-19T09:48:30Z
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Amber Alert issued for Georgia infant
ATLANTA (WGCL/Gray News) - A search for a 3 or 4-month-old boy is underway after authorities issued an Amber Alert, known as Levi’s Call in Georgia, early Tuesday morning.
A’hmaud Griffin was allegedly abducted by 27-year-old Travis Diquail Griffin Monday from a residence in Waynesboro. The infant is believed to be in extreme danger.
The suspect, Travis Diquail Griffin, is described as being 5-foot-7-inches tall and weighing around 137 pounds. He was last seen wearing a yellow shirt with a money sign on it and black pants. He has long dreadlocks.
If you have any information on the whereabouts of A’hmaud, dial 911, call Waynesboro Police Department at 706-554-2133 or provide information to the Georgia Bureau of Investigation tip line at 1-800-597-TIPS and/or the SeeSend app.
Copyright 2022 WGCL via Gray Media Group, Inc. All rights reserved.
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https://www.wvva.com/2022/04/19/amber-alert-issued-georgia-infant/
| 2022-04-19T11:19:45Z
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Court ruling creates mishmash of transportation mask rules
(AP) - A decision by a federal judge in Florida to throw out a national mask mandate for public transportation across the U.S. created a confusing patchwork of rules for passengers as they navigate airports and transit systems.
The ruling gives airports, mass transit systems, airlines and ride-hailing services the option to keep mask rules or ditch them entirely, resulting in rules that vary by city and mode of transportation.
Passengers on an United Airlines flight from Houston to Kennedy Airport, for instance, could ditch their masks at their departing airport and on the plane, but have to put them back on once they land in New York or take a subway.
The U.S. Centers for Disease Control and Prevention had recently extended the mandate until May 3 to allow more time to study the BA.2 omicron subvariant of the coronavirus now responsible for the vast majority of U.S. cases. But the court decision put the mandate on hold.
Here’s a look at how U.S. transportation centers and providers are responding:
AIRLINES
Major airlines were some of the first to update their rules after the court decision. United, Southwest, American, Alaska, Delta and JetBlue announced that, effective immediately, masks would no longer be required on domestic flights.
“While this means that our employees are no longer required to wear a mask – and no longer have to enforce a mask requirement for most of the flying public – they will be able to wear masks if they choose to do so, as the CDC continues to strongly recommend wearing a mask on public transit,” United Airlines said.
The Association of Flight Attendants, the nation’s largest union of cabin crews, has recently taken a neutral position on the mask rule because its members are divided about the issue. On Monday, the union’s president appealed for calm on planes and in airports.
Alaska Airlines said some passengers who were banned for violating the mask policy will remain banned.
AIRPORTS
Airports weren’t as fast to do away with masks, with several expressing uncertainty about the ruling and taking a wait-and-see approach.
But others, including the two main airports in Houston, did away with mask requirements soon after the Transportation Security Administration said it would no longer enforce the mask mandate. Los Angeles International and Phoenix Sky Harbor also eliminated their mask requirements. San Francisco International Airport said it was waiting for further guidance from TSA.
The New York City airports appeared to keep the mandate intact.
TRAINS AND BUSES
The rules for train and bus passengers vary by city and transit agency.
In New York, Metropolitan Transportation Authority communications director Tim Minton said the system was keeping the mask mandate, meaning face coverings are still required on the subway, buses and commuter rail lines, as they have since early in the pandemic.
But the regional train system serving the Washington, D.C., area said Monday that masks will be now optional for its customers and employees going forward.
“Our mask mandate has been based on federal guidance,” said Paul J. Wiedefeld, general manager and CEO of the Washington Metropolitan Area Transit Authority. “We will continue to monitor this situation as it unfolds, but masks will be optional on Metro property until further notice.”
Amtrak also said it was making masks optional.
___
RIDE SHARING
Masks will no longer be required when using ride sharing company Uber, as of Tuesday, according to the company’s website. However, the website of fellow ride sharing company Lyft still said masks were required.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wvva.com/2022/04/19/court-ruling-creates-mishmash-transportation-mask-rules/
| 2022-04-19T11:19:53Z
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Griner’s ordeal in Russia weighs on minds of teammates
PHOENIX (AP) — While the practice facility for the WNBA’s Phoenix Mercury was filled with laughter and the echoes of bouncing basketballs during the team’s preseason workout, there was no denying the presence and spirit of 6-foot-9 center Brittney Griner was missing.
“I definitely wake up in the middle of the night sometimes, worrying about BG,” first-year Mercury coach Vanessa Nygaard said.
“BG” is one of the nicknames for Griner, who remains in Russia after being detained following her arrival at a Moscow airport in mid-February. Russian authorities said a search of her luggage revealed vape cartridges that allegedly contained oil derived from cannabis, which could carry a maximum penalty of 10 years in prison.
“We’ve just got to keep praying for her,” Mercury teammate Sophie Cunningham said. “We hope she’s well. That’s all we know, you guys know as much as we do. No one wants to be in her situation. We miss her like crazy.”
The two-time Olympic gold medalist recently had her detention extended to May 19.
Her arrest came at a time of heightened political tensions over Ukraine. Since then, Russia has invaded Ukraine and remains at war.
Phoenix guard Diana Taurasi, who also has played in Russia, said Monday afternoon that the sensitive nature of Griner’s situation — being played out on a diplomatic stage rather than a basketball court — has made things even more difficult.
Taurasi and Cunningham want to show their support — verbal and otherwise — but realize their words carry weight. Nobody wants to say anything that could potentially complicate the situation.
“I spent 10 years there, so I know the way things work,” Taurasi said. “It’s delicate.”
Griner’s ordeal continues as WNBA teams opened preseason camp Sunday and Monday. The WNBA also is taking a cautious approach in its support of Griner, though Commissioner Kathy Engelbert said there will be a league-wide charity initiative spearheaded by the Mercury to support Griner’s philanthropic project, called BG’s Heart and Sole Shoe Drive.
Cunningham stressed her concerns are about Griner the person and not about how the situation affects the Mercury’s season.
“It’s BG, there’s no one like her in the whole world,” Cunningham said. “We definitely miss her, but it’s not even about basketball anymore. We just want her to be well as a human being. She has a big stage, a lot of people know her, so we want her to be on the court.
“Everyone who loves her just wants her to be home safe.”
Griner, one of many top WNBA players who play in Russia during the league’s offseason, was returning to the country after the Russian League took a break for the FIBA World Cup qualifying tournament.
Her detainment in Russia has highlighted why many top U.S. women’s basketball players feel the need to go overseas to supplement their income. WNBA salaries have risen in recent years, but there’s still ample financial incentive to play in other countries during the offseason.
In the early 2000s, top WNBA players could boost their incomes to about $125,000 by entering a marketing deal with the league. Today, elite players can take home about $500,000 with their salaries, bonuses and WNBA marketing contracts. By playing in Russia, however, they can earn another $1 million to $1.5 million.
Nygaard hopes those financial disparities will soon come to an end.
“I see people all the time, they’re like ‘Man, I can’t believe they don’t pay those WNBA players. I can’t believe they’re underpaid,’” Nygaard said. “Well, when was the last time you bought season tickets? When is the last time you bought gear for WNBA?
“If people seriously care about keeping our athletes over here and making sure female athletes are paid at a higher rate, then they need to put their dollars behind our league. Support us.”
Griner is not the only American detained in Russia. Marine veteran Trevor Reed was sentenced to nine years in prison in 2020 on charges alleging that he assaulted police officers in Moscow. And Michigan corporate security executive Paul Whelan is serving a 16-year sentence on espionage charges that his family and the U.S. government have said are false. U.S. officials have publicly called for Moscow to release them.
___
AP Basketball Writer Doug Feinberg contributed to this story.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wvva.com/2022/04/19/griners-ordeal-russia-weighs-minds-teammates/
| 2022-04-19T11:20:00Z
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Puzzling outbreak of liver disease in kids spreads to EU, US
LONDON (AP) — Health officials say they have detected more cases of a mysterious liver disease in children that was first identified in Britain, with new infections spreading to Europe and the U.S.
Last week, British officials reported 74 cases of hepatitis, or liver inflammation, found in children since January. The usual viruses that cause infectious hepatitis were not seen in the cases, and scientists and doctors are considering other possible sources, including COVID-19, other viruses and environmental factors.
In a statement on Tuesday, the European Centre for Disease Prevention and Control said additional cases of hepatitis had been identified in Denmark, Ireland, the Netherlands and Spain, without specifying exactly how many cases were found. It said U.S. officials spotted nine cases of acute hepatitis in Alabama in children aged 1 to 6.
“Mild hepatitis is very common in children following a range of viral infections, but what is being seen at the moment is quite different,” said Graham Cooke, a professor of infectious diseases at Imperial College London. Some of the cases in the U.K. have required specialist care at liver units and a few have needed a liver transplant.
Cooke was not convinced COVID-19 was responsible.
“If the hepatitis was a result of COVID it would be surprising not to see it more widely distributed across the country given the high prevalence of (COVID-19) at the moment,” he said.
“At present, the exact cause of hepatitis in these children remains unknown,” the European CDC said.
U.K. scientists previously said one of the possible causes they were investigating were adenoviruses, a family of common viruses usually responsible for conditions like pink eye, a sore throat, or diarrhea. U.S. authorities said the nine children with acute hepatitis in Alabama tested positive for adenovirus.
Some doctors have noted that adenoviruses are so common in children that merely finding them in those sickened by hepatitis does not necessarily mean the viruses are responsible for the liver disease.
British public health officials ruled out any links to COVID-19 vaccines, saying none of the affected children was vaccinated.
The World Health Organization noted that although there has been an increase in adenovirus in Britain, which is spreading at the same time as COVID-19, the potential role of those viruses in triggering hepatitis is unclear. Some of the children have tested positive for coronavirus, but WHO said genetic analysis of the virus was needed to determine if there were any connections between the cases.
It said no other links had been found between the children in the U.K., and none had recently traveled internationally. Lab tests are also underway to determine if a chemical or toxin might be the cause.
WHO said there were fewer than five possible cases in Ireland and three confirmed cases in Spain, in children aged 22 months to 13 years.
The U.N. health agency said that given the jump in cases in the past month and heightened surveillance, it was “very likely” more cases will be detected before the cause of the outbreak is identified.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wvva.com/2022/04/19/puzzling-outbreak-liver-disease-kids-spreads-eu-us/
| 2022-04-19T11:20:09Z
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...RED FLAG WARNING REMAINS IN EFFECT FROM NOON TODAY TO 7 PM MDT
THIS EVENING FOR STRONG WINDS AND LOW HUMIDITY FOR FIRE WEATHER
ZONES 430, 431, 432, 433, 434, 435, 436, AND 437...
...RED FLAG WARNING REMAINS IN EFFECT FROM NOON TODAY TO 7 PM MDT
THIS EVENING FOR STRONG WINDS AND LOW HUMIDITY FOR FIRE WEATHER
ZONES 430, 431, 432, 433, 434, 435, 436, AND 437...
* AFFECTED AREA...Fire weather zones 430, 431, 432, 433, 434, 435,
436 and 437.
* WIND...West to southwest 20 to 30 mph with gusts to 40 mph.
* HUMIDITY...Minimum 10 to 16 percent.
* IMPACTS...Any fires that develop will likely spread rapidly.
Outdoor burning is not recommended.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
A Red Flag Warning means that critical fire weather conditions
are either occurring now, or will shortly. The combination of
strong winds, low relative humidity, and warm temperatures can
contribute to extreme fire behavior.
&&
Westland Road to close through perhaps Saturday for utility work for a new car dealership
CHEYENNE – To accommodate utility work being done for a new car dealership, drivers should expect Westland Road to be closed to through traffic for the next several days, the city has announced.
What was described as "utility gas work associated with the new Subaru dealership" will take three to five days, weather permitting. On its website, Halladay Subaru's location is given as 1615 Westland Road.
To get around the work area, there will be detours so that drivers can get to nearby businesses.
To drive to a location that is south of Westland Court, you would want to take Lincolnway. "And businesses north of Westland Court will be accessible via Missile Drive," the city announced Monday afternoon.
If you forget these directions, detour signs "will be in place and the duration of work," the emailed news release noted.
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https://www.wyomingnews.com/news/local_news/westland-road-to-close-through-perhaps-saturday-for-utility-work-for-a-new-car-dealership/article_f9634678-39ef-56dd-97ec-f0fb56aaaffc.html
| 2022-04-19T11:53:53Z
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...SMALL CRAFT ADVISORY NOW IN EFFECT UNTIL 6 PM HST TUESDAY...
* WHAT...Northeast winds 20 to 25 kt with higher gusts.
* WHERE...Kauai Northwest Waters, Kauai Windward Waters, Kauai
Leeward Waters, Kauai Channel, Oahu Windward Waters, Oahu
Leeward Waters, and Kaiwi Channel.
* WHEN...Until 6 PM HST Tuesday.
* IMPACTS...Conditions will be hazardous to small craft.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Inexperienced mariners, especially those operating smaller
vessels, should avoid navigating in these conditions.
&&
HONOLULU (KITV)- We're fast approaching the summer travel season. It is a time when our airport parking garages and lots can quickly fill up. Lately, some of the stalls are being taken up by cars rented out through Turo, a car sharing service. So officers are issuing citations to Turo hosts who are doing exchanges there, while Turo hosts are scrambling to find new ways to conduct business.
Jonathan Charo is set to rent out one of several Turo cars, he owns. The app Turo allows everyday hosts to rent out their cars to others. "Right now delivery to hotels and residences are options," said Charo.
What's not an option for him, is dropping off a car for a customer at the airport. Many of Charo and other Turo hosts' customers are coming in on flights, but he won't go anywhere near those parking lots. "If you're not permitted, you're not allowed to do business on airport grounds. So with those Turo, with the peer-to-peer rentals that are going on, if you are doing business on airport grounds then you are breaking the law. You could face a $50 fine and have your car towed," said Hawaii DOT Spokesperson Jai Cunningham.
Having your car towed is not cheap, but the DOT says people are still doing the transactions. The department wants to get the word out, so people will stop. There's no permitting procedure in place yet, to make the exchanges legal. "A similar thing happened back a decade ago, when you had Lyft and Uber coming onto airport property. Taxi drivers for were permitted. So we had to work on legislation to govern how those ride-shar apps are handled when they are on airport grounds. So its probably something we're looking at in figuring out exactly how to handle this," said Cunningham.
Charo says he's researched and found another option at some other airports. "It's pretty much a section a the airport that's dedicated to Turo cars. There is an employee who works there extended hours. They do the pickups and drop offs," said Charo.
As we head into the popular summer travel season, the DOT recommends people get picked up and dropped off at the airport, rather than parking their cars.
Do you have a story idea? Email news tips to news@kitv.com
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https://www.kitv.com/news/business/turo-hosts-being-ticketed-for-doing-business-at-airports/article_8945b380-bfbd-11ec-b696-d77c8cf326ee.html
| 2022-04-19T12:34:01Z
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Avian flu taking toll on birds of prey
MINNEAPOLIS (WCCO) - Avian flu is taking a devastating toll on birds of prey in Minnesota, including on bald eagles, red-tailed hawks and great horned owls.
The Raptor Center at the University of Minnesota has reported 23 cases of bird flu in the last three weeks.
Great horned owls are a special sight at Lake Nokomis in Minneapolis, if you’re lucky enough to see them.
But the community is mourning the loss of a beloved family of owls that lived in a tree near the lake. The owls died from bird flu or had to be put down because they were too sick.
“The word I would use is devastating. These birds are coming in having incredible seizures, unable to stand. They’re vocalizing. They’re kind of in end stages of this virus,” said Dr. Victoria Hall, executive director of the Raptor Center.
The center has set up a new triage and quarantine center to take care of sick birds.
Bird flu has killed millions of domestic poultry but is also having a major impact on wild birds like owls, eagles and hawks.
“We have not seen this much transmission to raptors before in a highly pathogenic avian influenza outbreak, so this is pretty concerning,” Hall said.
Ninety to 100% of the raptors testing positive at the Raptor Center have not survived, and some organizations are not able to take sick birds.
The Wildlife Rehabilitation Center of Minnesota announced they are not currently admitting susceptible species for treatment.
The virus is extremely contagious to other birds.
Hall said historically the problem tends to get better in the early summer months. A cool, wet environment like the type of spring Minnesota is having can prolong how long the virus can survive.
State officials have established a hotline for reporting sick birds.
Copyright 2022 WCCO via CNN Newsource. All rights reserved.
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https://www.whsv.com/2022/04/19/avian-flu-taking-toll-birds-prey/
| 2022-04-19T12:36:19Z
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Judge: Georgia voters can challenge Rep. Marjorie Taylor Greene’s reelection run
ATLANTA (AP) — A federal judge on Monday ruled that a group of Georgia voters can proceed with legal efforts seeking to disqualify U.S Rep Marjorie Taylor Greene from running for reelection to Congress, citing her role in the deadly attack on the U.S. Capitol.
The challenge filed last month with the Georgia secretary of state’s office alleges that Greene, a Republican, helped facilitate the Jan. 6, 2021, riot that disrupted Congress from certifying Joe Biden’s presidential election victory. That violates a rarely cited provision of the 14th Amendment and makes her ineligible to run for reelection, according to the challenge.
The amendment says no one can serve in Congress “who, having previously taken an oath, as a member of Congress . . . to support the Constitution of the United States, shall have engaged in insurrection or rebellion against the same.” Ratified shortly after the Civil War, it was meant in part to keep representatives who had fought for the Confederacy from returning to Congress.
Greene, 47, filed a lawsuit earlier this month asking a judge to declare that the law that the voters are using to challenge her eligibility is itself unconstitutional and to prohibit state officials from enforcing it.
Judge Amy Totenberg, in a 73-page ruling, denied Greene’s request for a preliminary injunction and temporary restraining order.
Totenberg, who was appointed to the U.S. District Court for the Northern District of Georgia by President Barack Obama, wrote that Greene had failed to meet the “burden of persuasion” in her request for injunctive relief.
Georgia law says any voter who is eligible to vote for a candidate may challenge that candidate’s qualifications by filing a written complaint within two weeks after the deadline for qualifying. The secretary of state must then notify the candidate of the challenge and request a hearing before an administrative law judge. After holding a hearing, the administrative law judge presents findings to the secretary of state, who then must determine whether the candidate is qualified.
Free Speech for People, a national election and campaign finance reform group, filed the challenge March 24 on behalf of the group of voters.
Greene said in her lawsuit that she “vigorously denies that she ‘aided and engaged in insurrection to obstruct the peaceful transfer of presidential power.”
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/19/judge-georgia-voters-can-challenge-rep-marjorie-taylor-greenes-reelection-run/
| 2022-04-19T12:36:25Z
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The Floral Authority Helps Gift-Givers Honor Mom With a Thoughtful Assortment of Blooms, Plants, Curated Gift Pairings, and More
JERICHO, N.Y., April 19, 2022 /PRNewswire/ -- Ahead of the largest floral and plant holiday of the year, 1-800-Flowers.com® has introduced a truly original assortment of exquisite blooms and more for Mother's Day. This collection is designed to inspire customers as they seek to find that perfect expression of love and gratitude for Mom. In addition to new bouquets and trending plants, this year's Mother's Day offerings include an array of subscriptions that provide ongoing deliveries of seasonal arrangements, and curated pairings of farm fresh flowers and premium wines.
"We all know Moms run the world," said Alfred Palomares, Vice President of Merchandising, 1-800-Flowers.com. "They are strong and inspiring, and they love without limits. We look forward to helping our customers uniquely express their appreciation to Mom this Mother's Day with our thoughtful assortment of flowers, gifts, and more."
Below are some of the key offerings that 1-800-Flowers.com is bringing to customers in advance of Mother's Day:
Joyful Tulips to Brighten Mom's Day
Named the 2022 Flower of the Year by 1-800-Flowers.com®, tulips are thought to represent unconditional love - the ideal sentiment for every kind of Mom. Featuring an exclusive variety of beautifully gathered bouquets, in a wide array of bold colors, including Mother's Day Radiant Tulips, Sweet Spring Tulip Bouquet, and Mother's Day Butterfly Kisses – these differentiated offerings provide a vibrant expression of thankfulness for all Mom does.
Perfect Pairings: Elegant Flower and Wine Gifts
1-800-Flowers.com® and Harry & David® have combined classic blooms and premium wines into one memorable gift. Customers can choose from three curated bundles of one- or two-dozen bouquet sizes – Red Roses, Assorted Roses, or Assorted Roses & Peruvian Lilies – which arrive packaged together with a distinctive bottle of Harry & David™ wine.
Floral Subscriptions for Ongoing Expressions of Appreciation
A special floral subscription gift will celebrate Mom well beyond Mother's Day. With more than 40 different varieties to choose from, fresh and seasonal arrangements, such as the Fields of Europe® For Mom, Elegant Blush™ Bouquet, Lovely Lavender Medley™, and Floral Embrace™, can be delivered straight to Mom's door on a recurring basis. Gift-givers can personalize the subscription to determine the frequency which they would like to have the flowers delivered - ranging from every week to every eight weeks.
Bountiful Blooming Plants, Succulents, and Houseplants
Plants breathe natural beauty, new life, and cheerfulness into any space, making them a popular and long-lasting gift for Mom. The Plant Shop at 1-800-Flowers.com features blooming plants, elegant orchids, beautiful succulents, and trending houseplants, such as the 2022 Plant of the Year – the Baby Rubber Plant (Peperomia).
Celebrations Passport® and Planning Early Helps Shoppers Save on Thoughtful Gifts
Shoppers who plan ahead can take advantage of exclusive discounts when they order from 1-800-Flowers.com before May 1. Consumers can save even more for Mother's Day and beyond by becoming a member of the Celebrations Passport® loyalty program. In addition to enjoying free standard shipping and no service charge, members can earn points with each dollar spent, unlocking perks and benefits that grow as they shop across the 1-800-FLOWERS.COM, Inc. family of brands, including Harry & David®, PersonalizationMall.com®, Cheryl's Cookies®, and Simply Chocolate®. By downloading the Celebrations Passport app, customers can easily manage membership details, shop, and engage with helpful resources.
About 1-800-Flowers.com®
For more than 45 years, 1-800-Flowers.com has offered truly original floral arrangements, plants and unique gifts to celebrate birthdays, anniversaries, everyday occasions, and seasonal holidays, and to deliver comfort during times of grief. Backed by a caring team obsessed with service, 1-800-Flowers.com provides customers thoughtful ways to express themselves and connect with the most important people in their lives. 1-800-Flowers.com is part of the 1-800-FLOWERS.COM, Inc. family of brands. Shares in 1-800-FLOWERS.COM, Inc. are traded on the NASDAQ Global Select Market, ticker symbol: FLWS.
FLWS-18F
FLWS-LM
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https://www.whsv.com/prnewswire/2022/04/19/1-800-flowerscom-celebrates-all-moms-with-2022-mothers-day-collection/
| 2022-04-19T12:36:31Z
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WALTHAM, Mass., April 19, 2022 /PRNewswire/ -- Aqueduct Technologies, Inc., New England's leading IT solutions provider -- As a result of international tensions that have arisen surrounding the Russia/Ukraine conflict, the Cybersecurity, and Infrastructure Security Agency (CISA) recently released the "Shields Up Advisory", recommending that organizations be on heightened alert.
What exactly does this mean? What actions should we take? Getting started down a path toward applying this information to your environment can feel overwhelming. Not to worry – we can call upon one of our favorite industry terms: Actionable Intelligence.
We need to take the general advice being given and expand on it, so we can do something with it. The best place to begin when interpreting the advisory and your overall security posture is to start with the basics and build a plan.
Below is high-level guidance and resources on critical areas to consider:
- Read the full blog for an expanded version of this list
- Get a copy of Aqueduct's 2022 Ransomware Playbook
1. Incident Response Handling
Develop an Incident Response Plan. Both NIST and SANS have standardized frameworks, summarized below:
- Preparation
- Identification (Detection & Analysis)
- Containment
- Eradication
- Recovery
- Lessons Learned
Having an action plan will reduce your need to pivot during times of crisis, ensure your strategy is aligned to the highest cybersecurity standards, and significantly improve the availability and integrity of your data and services.
Incident response handling is time-consuming, requiring detailed operational analysis, full-time staff, and ongoing adjustments. Leveraging a Managed Detection and Response solution may be considered to reduce operational overhead and accelerate response times.
2. Authentication & Identity Management
- Leverage MFA across the board
- Audit AD accounts and MFA policies
- Audit cloud service provider Identity and Access Management (IAM) ruleset
- Implement network segmentation and containment controls with Cisco ISE
3. Network & Infrastructure Security Controls
- Audit firewall ruleset
- Align firewall ruleset with Next-Generation Firewall (NGFW) architecture
- Align VPN topologies to modern cryptographic standards
- Audit cloud workflows
- Leverage SIEM and NetFlow logging and traffic monitoring
- Block browser-based encrypted DNS services
- Leverage SaaS tenant controls
- Maintain up-to-date software versions across the organization
- Conduct regular penetration testing
- Conduct regular DR testing
- Conduct regular backups and ensure tiered 3-2-1 backup hierarchy
4. Endpoint Protection & Content Filtering
- Audit Antivirus/Antimalware solution
- Block traffic to/from high-threat geographies
- Block proxy and anonymizer services
- Leverage URL and content filtering
- Leverage endpoint disk encryption
- Leverage email encryption and security
- Perform routine end-user educational training
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https://www.whsv.com/prnewswire/2022/04/19/4-critical-cybersecurity-areas-you-should-be-focusing-now/
| 2022-04-19T12:36:37Z
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State already seeing strong increase in students applying for federal financial aid with the support of Oracle Student Financial Planning
AUSTIN, Texas, April 19, 2022 /PRNewswire/ -- In 2021, an estimated $67.8 million in Pell Grants were left unclaimed by eligible Alabama students who did not finish the Free Application for Federal Student Aid (FAFSA).1 To combat this challenge, the state has made completing the FAFSA a graduation requirement and is using Oracle Student Financial Planning (SFP) to manage the process. Already, Alabama has seen a 21.9 percent increase in FAFSA completions in April 2022 versus the same time last year — the second highest increase of any US state.2
"Our primary goal is to ensure all students can pursue post-secondary education by obtaining needed funding," said Dr. Jim Purcell, executive director, Alabama Commission on Higher Education. "Oracle Student Financial Planning has added an amazing level of tools for which the high school counselors and career coaches can use to keep students on track with this requirement."
To optimize the impact of this form completion policy, the state's systems needed extensive upgrades to ensure students receive adequate support throughout the process. After a review of available solutions, Alabama's Commission on Higher Education (ACHE) selected Oracle Student Financial Planning.
For each public school student in the state, Oracle Student Financial Planning uploads a report into a state database to help counselors identify which students still need to submit the FAFSA, whether students have errors or missing documentation in their application, and more, empowering counselors to offer individualized student assistance.
"We know that FAFSA completion and college enrollment are closely associated, as 92% of graduating seniors who completed the FAFSA enrolled by the following fall," said Vivian Wong, group vice president, higher education development, Oracle.3 "With Oracle Student Financial Planning, Alabama is able to create more equitable access to postsecondary education that will fuel opportunity for more people and ultimately help shape a more diverse and skilled workforce."
- Alabama Possible
- National College Attainment Network, FAFSA Tracker
- National College Attainment Network
Part of Oracle Student Cloud, Oracle Student Financial Planning automates approximately 90 percent of financial aid processes — from determining eligibility, packaging, and awarding aid through to disbursements and reporting. The solution helps applicants navigate the process with step-by-step guidance, offers each student a personalized view of their funding options to best inform borrowing decisions, and gives administrators real-time eligibility insights. System-generated suggestions and proactive interventions offer guidance to students and counselors to increase completion rates of applications and improve outcomes.
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at oracle.com.
Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.
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https://www.whsv.com/prnewswire/2022/04/19/alabama-taps-oracle-cloud-help-high-school-grads-secure-financial-aid/
| 2022-04-19T12:36:44Z
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JOHNSTOWN, Pa., April 19, 2022 /PRNewswire/ -- AmeriServ Financial, Inc. (NASDAQ: ASRV) reported first quarter 2022 net income of $2,418,000, or $0.14 per diluted common share. This earnings performance represented a $337,000, or 16.2%, increase from the first quarter of 2021 when net income totaled $2,081,000, or $0.12 per diluted common share. The following table highlights the Company's financial performance for the quarters ended March 31, 2022 and 2021:
Jeffrey A. Stopko, President and Chief Executive Officer, commented on the first quarter 2022 financial results: "The improved earnings performance in the first quarter of 2022 reflects the full benefit of several important strategic actions that our company executed in 2021 along with the successful management of our asset quality throughout the pandemic. AmeriServ Financial continues to benefit from strong levels of loans, deposits, and fee income from our wealth management business. As a result of this improvement in the earnings power of the Company, the Board of Directors increased the quarterly common stock cash dividend by 20% in order to allow our shareholders to directly benefit from these higher earnings."
The Company's net interest income in the first quarter of 2022 increased by $75,000, or 0.8%, from the prior year's first quarter while the net interest margin of 3.14% was nine basis points lower than the net interest margin of 3.23% for the first quarter of 2021. The U.S. economy continued its recovery and performed satisfactorily during the first quarter with very little impact from the Omnicron variant as labor markets continued to strengthen and productivity growth remained high. However, uncertainty and volatility remain due to supply chain issues, anticipated interest rate changes, consumer confidence, and high inflation. The size of the Company's balance sheet remains high by historical standards due to the growth experienced in both total loans and total deposits due to business development efforts and the government's stimulus programs from the previous two years. However, with government stimulus ending in 2021, both total loans and total deposits have demonstrated stabilization since the second half of last year. First quarter 2022 results were favorably impacted by the strategic actions taken by management in 2021 to lower funding costs and better position the Company to meet the continuing challenge of net interest margin compression. The termination of the Paycheck Protection Program (PPP) caused a reduced level of fee income and was the primary factor causing total interest income to decrease between the first quarter of 2022 and last year's first quarter. However, deposit and borrowing interest expense declined by more than the decrease in total interest income, resulting in net interest income improving in the first quarter of 2022 compared to last year's first quarter. First quarter earnings results also reflect the impact of strengthening asset quality, which enabled the Company to recognize a loan loss provision recovery during the first quarter of 2022. Overall, the increase to net interest income, along with the loan loss provision recovery more than offset a lower level of non-interest income and higher non-interest expense resulting in an improved earnings performance for the first quarter of 2022.
Total average loans in the first quarter of 2022 are slightly lower than the 2021 first quarter average by $2.3 million, or 0.2%. Total loan production has been slower early this year as new originations have been generally offset by loan payoff activity. However, given the core loan growth experienced during 2021 and excluding PPP loans, total average loans in the first quarter of 2022 exceed the 2021 first quarter average by $49.3 million, or 5.4%, as growth of commercial real estate (CRE) and residential mortgage loans more than offset a decrease in the level of commercial & industrial loans. Residential mortgage loan production is down in the first quarter of 2022 when compared to last year's first quarter. Refinance transactions have been severely impacted with the quick escalation of interest rates since the beginning of 2022. Residential mortgage loan production totaled $8.7 million in the first quarter of 2022 and was 70.8% lower than the production level of $29.7 million achieved in the first quarter of 2021. Total PPP loans averaged $12.1 million in the first quarter of 2022, representing a decrease of $51.6 million, or 81.1%, from the first quarter of last year. Additionally, on an end of period basis, the total volume of PPP loans is only $7.8 million as we continue to work with our customers through the SBA forgiveness process. Overall, despite the higher average volumes of CRE and residential mortgage loans, total loan interest income declined by $831,000, or 8.0%, in the 2022 first quarter compared to the 2021 first quarter. This decrease is primarily due to the Company recording a total of $240,000 of processing fee income and interest income from PPP lending activity in the 2022 first quarter, which is $657,000, or 73.2%, lower than PPP income in the first quarter of 2021. Finally, on an end of period basis, excluding total PPP loans, the total loan portfolio is approximately $51.6 million, or 5.6%, higher since the end of the first quarter of 2021.
Total investment securities averaged $221.5 million for the first quarter of 2022 which is $31.0 million, or 16.3%, higher than the $190.4 million average for last year's first quarter. The U.S. Treasury yield curve increased and became more favorable for purchasing activity during the first quarter due to the market's anticipation of the Federal Reserve tightening monetary policy. The 2-year to 10-year portion of the curve increased by approximately 70 to 150 basis points since the beginning of the year, with shorter yields in that range increasing to a higher degree than the longer yields. Overall, the higher rates resulted in improved yields for federal agency mortgage-backed securities and federal agency bonds. Management purchased more of these investments for our portfolio and, therefore, was able to more profitably deploy a portion of the increased liquidity on our balance sheet into the securities portfolio as opposed to leaving these funds in low yielding federal funds sold. This redeployment of funds contributed to total securities growing between years. Management also continued to purchase taxable municipals and corporate securities to maintain a well-diversified portfolio. Overall, the average balance of total interest earning assets for the first quarter of 2022 was $44.4 million, or 3.7%, higher than the first quarter of 2021 while total interest income decreased by $741,000, or 6.3%, between years despite the increased average volume.
Our liquidity position continues to be strong as total short-term investments averaged $46.5 million in the first quarter of 2022, which is $15.7 million, or 50.8%, higher than the 2021 first quarter average. Although eased somewhat by the additional investment in the securities portfolio, the challenges remain as to the uncertainty regarding the duration that these increased funds will remain on the balance sheet. Diligent monitoring and management of our short-term investment position remains a priority. Continued loan growth and prudent investment in securities are critical to achieve the best return on the remaining liquid funds with management expecting to continue to be active with new security purchases in the second quarter of 2022 given the increase in interest rates.
On the liability side of the balance sheet, total average deposits are $55.5 million, or 5.0%, higher in the first quarter of 2022 compared to the first quarter of 2021. The higher deposit volume reflects the continued favorable impact of government stimulus which provided support to many Americans and financial assistance to municipalities and school districts during the pandemic. Deposit volumes were also favorably impacted by the Company's successful business development efforts and the 2021 Somerset County branch acquisition. Overall, the loan to deposit ratio averaged 84.5% in the first quarter of 2022, which indicates that the Company has ample capacity to continue to grow its loan portfolio and is strongly positioned to support our customers and our community as the economy improves.
Total interest expense for the first quarter of 2022 decreased by $816,000, or 39.3%, when compared to the first quarter of 2021, due to lower levels of both deposit and borrowing interest expense. Deposit interest expense was lower by $606,000, or 43.2%, despite the higher volume of total deposits reflecting new deposit inflows as well as the loyalty of the bank's core deposit base. Also, the late third quarter 2021 maturity of a large, high-cost institutional deposit, which was replaced by lower cost funds from the branch acquisition, resulted in significant interest expense savings. While the low interest rate environment caused net interest margin challenges, the low rates have allowed management to somewhat offset this pressure by effectively executing several deposit product pricing reductions. As a result, the Company experienced deposit cost relief. Specifically, our total deposit cost averaged 0.28% in the first quarter of 2022 compared to 0.52% in the first quarter of 2021, representing a meaningful decrease of 24 basis points. Overall, management believes that total deposit cost has bottomed out given the recent increase to national interest rates and the expectation of additional short-term interest rate increases by the Federal Reserve throughout 2022. However, given the Company's strong liquidity position, along with that of the banking industry, we expect that deposit rate increases will occur in a slow controlled manner.
Total borrowings interest expense decreased by $210,000, or 31.1%, when comparing the first quarter of 2022 to last year's first quarter. The decrease between years results from the favorable impact of the 2021 subordinated debt offering which was used to replace higher cost debt. This transaction effectively lowered debt cost on these long-term funds by nearly 4.00%. This savings is recognized even though the size of the new subordinated debt is $7 million higher than the debt instruments it replaced. The remaining portion of the favorable variance in borrowings interest expense between the first quarter of 2022 and the first quarter of 2021 is due to reduced interest expense from Federal Home Loan Bank (FHLB) borrowings. The average balance of total short-term and FHLB borrowings is lower in the first quarter of 2022 by $18.9 million, or 31.5%, as strength of the Company's liquidity position allows management to let higher cost FHLB term advances mature and not be replaced.
The Company recorded a $400,000 loan loss provision recovery in the first quarter of 2022 as compared to a $400,000 provision expense recorded in the first quarter of 2021, representing an $800,000 favorable shift in this line item. The 2022 provision recovery reflects improved credit quality for the overall portfolio due to several loan upgrades, relative stability in the loan portfolio size, and especially lower levels of criticized assets and delinquent loans since the fourth quarter of 2021. As demonstrated historically, the Company continues its strategic conviction that a strong allowance for loan losses is needed, which has proven to be essential given the support provided to certain borrowers as they fully recover from the COVID-19 pandemic. Overall, we believe that non-performing assets remain well controlled totaling $3.4 million, or 0.35% of total loans, on March 31, 2022. The Company continues to experience low net loan charge-offs, which were $76,000, or 0.03% of total average loans, in first quarter of 2022 and compares favorably to net loan charge-offs of $114,000, or 0.05% of total average loans, for the first quarter of 2021. Even though the Company recognized a loan loss provision recovery during the first quarter, the balance in the allowance for loan losses at March 31, 2022 is still higher than the balance of the allowance at March 31, 2021 by $291,000, or 2.5%. The Company remains committed to prudently working with our borrowers that have been hardest hit by the pandemic by granting them loan payment modifications. On March 31, 2022, loans totaling approximately $7.7 million, or only 0.8% of total loans, were on a payment modification plan. These loans include five commercial borrowers primarily in the hospitality and personal care industries. Management continues to carefully monitor asset quality with a particular focus on these customers that have requested payment deferrals. In summary, the allowance for loan losses provided 351% coverage of non-performing assets, and 1.22% of total loans, on March 31, 2022, compared to 373% coverage of non-performing assets, and 1.26% of total loans, on December 31, 2021.
Total non-interest income in the first quarter of 2022 decreased by $279,000, or 6.0%, from the prior year's first quarter. Net realized gains on loans held for sale decreased by $400,000, or 80.8%, due to the lower level of residential mortgage loan production which reflects a reduced level of mortgage loan refinance activity. The reduced level of mortgage loan production also caused mortgage related fees to decline by $97,000, or 74.6%. Revenue from bank owned life insurance (BOLI) also dropped by $123,000, or 37.0%, after the Company received a death claim during last year's first quarter. These unfavorable items were partially offset by wealth management fees increasing by $293,000, or 10.2%, in the first quarter of 2022 compared to the same time period in 2021. The entire wealth management group continues to perform exceptionally well, actively working for clients to increase the value of their holdings in the financial markets and adding new business. The fair market value of wealth management assets declined since the fourth quarter of 2021 and totaled $2.6 billion but has increased from the early pandemic fair market value low point on March 31, 2020 by $649.1 million, or 32.7%. Finally, service charges on deposit accounts increased by $71,000, or 35.3%, as consumers are more active this year, increasing their spending habits.
The Company's total non-interest expense in the first quarter of 2022 increased by $174,000, or 1.5%, when compared to the first quarter of 2021. The increase was due to higher salaries & employee benefits by $464,000, or 6.7%, and increased occupancy expense by $61,000, or 9.0%. Within total salaries & benefits expense, salaries cost increased by $369,000 due to merit increases and slightly higher full-time equivalent employees. Also, there were additional increases to payroll taxes and health care costs. Partially offsetting these higher costs within salaries & benefits was lower incentive compensation by $107,000, or 19.6%, due to the reduced level of loan production. The higher level of net occupancy expenses is due to increased utilities cost along with maintenance & repair expense which was primarily related to the new branch office. Decreasing in the first quarter of 2022 when compared to the first quarter of 2021 were other expenses by $358,000, or 19.6%. The decrease is due to a lower level of pension related costs by $272,000 due to improved asset returns within the pension plan. Also contributing to the lower level of other expense was no additional costs related to a branch acquisition in 2022 after $110,000 of expense was recognized for this purpose in the first quarter of 2021. Other expense was also favorably impacted by a $41,000 credit for the unfunded commitment reserve after $37,000 of expense was recognized in the first quarter of last year, resulting in a $78,000 favorable shift. Finally, the Company recorded an income tax expense of $605,000, or an effective tax rate of 20.0%, in the first quarter of 2022. This compares to an income tax expense of $520,000, or an effective tax rate of 20.0%, for the first quarter of 2021.
COMMON STOCK DIVIDEND INCREASE
The Company also announced that its Board of Directors declared a $0.03 per share quarterly common stock cash dividend. This new quarterly dividend amount represents a 20% increase from the previous $0.025 per share quarterly dividend. The cash dividend is payable May 23, 2022 to shareholders of record on May 9, 2022. This increased cash dividend represents an approximate 3.0% annualized yield using a recent common stock price of $4.00 and represents a payout ratio of 21.4% based upon the Company's reported first quarter 2022 earnings per share of $0.14.
The Company had total assets of $1.3 billion, shareholders' equity of $113.7 million, a book value of $6.65 per common share and a tangible book value(1) of $5.84 per common share on March 31, 2022. The Company continued to maintain strong capital ratios that exceed the regulatory defined well capitalized status.
Forward-Looking Statements
This press release contains forward-looking statements as defined in the Securities Exchange Act of 1934 and is subject to the safe harbors created therein. Such statements are not historical facts and include expressions about management's confidence and strategies and management's current views and expectations about new and existing programs and products, relationships, opportunities, technology, market conditions, dividend program, and future payment obligations. These statements may be identified by such forward-looking terminology as "continuing," "expect," "look," "believe," "anticipate," "may," "will," "should," "projects," "strategy," or similar statements. Actual results may differ materially from such forward-looking statements, and no reliance should be placed on any forward-looking statement. Factors that may cause results to differ materially from such forward-looking statements include, but are not limited to, unanticipated changes in the financial markets, the level of inflation, and the direction of interest rates; volatility in earnings due to certain financial assets and liabilities held at fair value; competition levels; loan and investment prepayments differing from our assumptions; insufficient allowance for credit losses; a higher level of loan charge-offs and delinquencies than anticipated; material adverse changes in our operations or earnings; a decline in the economy in our market areas; changes in relationships with major customers; changes in effective income tax rates; higher or lower cash flow levels than anticipated; inability to hire or retain qualified employees; a decline in the levels of deposits or loss of alternate funding sources; a decrease in loan origination volume or an inability to close loans currently in the pipeline; changes in laws and regulations; adoption, interpretation and implementation of accounting pronouncements; operational risks, including the risk of fraud by employees, customers or outsiders; unanticipated effects of our banking platform; risks and uncertainties relating to the duration of the COVID-19 pandemic, and actions that may be taken by governmental authorities to contain the pandemic or to treat its impact; and the inability to successfully implement or expand new lines of business or new products and services. These forward-looking statements involve risks and uncertainties that could cause AmeriServ's results to differ materially from management's current expectations. Such risks and uncertainties are detailed in AmeriServ's filings with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2021. Forward-looking statements are based on the beliefs and assumptions of AmeriServ's management and on currently available information. The statements in this press release are made as of the date of this press release, even if subsequently made available by AmeriServ on its website or otherwise. AmeriServ undertakes no responsibility to publicly update or revise any forward-looking statement.
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| 2022-04-19T12:36:50Z
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New offering delivers fastest storage ever from Quantum – 2x the performance and 2x the capacity over previous generation to supercharge content production and video and image processing
SAN JOSE, Calif., April 19, 2022 /PRNewswire/ -- Quantum® Corporation (NASDAQ: QMCO), the leader in solutions for video and unstructured data, today announced the availability of the latest generation of its award-winning F-Series portfolio with the release of the Quantum F2100 NVMe storage appliance. The new system provides faster performance and more NVMe storage capacity than previous generations so media and entertainment organizations and corporate video teams can leverage the speed and parallel processing power of NVMe to speed up production workflows, rendering, and video and image processing. The F2100 ships with the latest Quantum block storage software, which introduces a unified user experience across F-Series NVMe storage and H-Series SSD/HDD storage, with many new features to give customers more flexible configuration options and better reporting and monitoring. The F2100 is fully integrated with Quantum Cloud-Based Analytics (CBA) software for proactive system monitoring, and Quantum customers can now access all of these customer applications using the MyQuantum service delivery platform that was recently announced.
"The Quantum F2100 builds on what we introduced a few years ago with our award-winning F-Series platform, now used in many of the world's leading video production environments for high-speed video and image processing, rendering, and advanced AR/VR development," says Brian Pawlowski, senior vice president and chief development officer for Quantum. "The F2100 ships with the latest Quantum block storage software, which is now common across F-Series and H-Series product lines. This means we can deliver features and fixes faster, and also represents a key step toward delivering a truly unified user experience across Quantum StorNext, F-Series, H-Series, and our CBA software."
This leap in performance and capacity – offering up to 50GB/s for multi-client reads, paired with the ability to offer up to 737TB of raw NVMe storage in a single system -- will let Quantum's customers re-architect their workflows in highly demanding media, special effects, life sciences and AI/ML applications. A single system can now easily meet what would have previously required many racks of spinning disk storage systems to achieve. Customers can also use the Quantum StorNext 7 file system pools feature to create drive volumes composed of the F2100 and spinning disk volumes to fine-tune their workflow storage for performance, capacity, and cost, all under a single StorNext 7 namespace.
The new Quantum F2100 NVMe storage appliance features include:
- Dual-controller architecture on 2U, 24 drive system driven by Quantum's unified Block Storage platform 2.0
- Benchmarked multi-client read performance of up to 55GB/s and write performance of 20GB/s*
- Choice of drive sizes in 24 drive arrays including 15.36TB, 7.68TB, and 3.84 TB for a maximum raw storage capacity of 737.28TB in only 2U
- Pre-configured RAID 6 volumes for faster deployment
- Connectivity choice of 8 ports of 100Gb/s Ethernet or 16 ports of 32Gb FibreChannel
- Integration with Quantum CBA software for proactive system monitoring
- And many more new features and enhancements
* Performance numbers as measured on pre-release Quantum F2100 systems using video fa4k uncompressed unconstrained stream benchmark runs with 6 simultaneous client writes
The Quantum F2100 NVMe storage appliance is available to order immediately from Quantum Value Added Resellers worldwide and will be showcased at the NAB Show in Las Vegas April 23-27 in booths N4109 and N4106. For more information, visit www.quantum.com.
About Quantum
Quantum technology, software, and services provide the solutions that today's organizations need to make video and other unstructured data smarter – so their data works for them and not the other way around. With over 40 years of innovation, Quantum's end-to-end platform is uniquely equipped to orchestrate, protect, and enrich data across its lifecycle, providing enhanced intelligence and actionable insights. Leading organizations in cloud services, entertainment, government, research, education, transportation, and enterprise IT trust Quantum to bring their data to life, because data makes life better, safer, and smarter. Quantum is listed on Nasdaq (QMCO) and the Russell 2000® Index. For more information visit www.quantum.com.
Quantum and the Quantum logo are registered trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.
Forward-Looking Statements
The information provided in this press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 ("Exchange Act"). These forward-looking statements are largely based on our current expectations and projections about future events and financial trends affecting our business. Such forward-looking statements include, in particular, statements about the anticipated benefits and features of the Quantum F2100 and our business prospects, changes and trends in our business and the markets in which we operate.
These forward-looking statements may be identified by the use of terms and phrases such as "anticipates", "believes", "can", "could", "estimates", "expects", "forecasts", "intends", "may", "plans", "projects", "targets", "will", and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters and other statements regarding matters that are not historical are forward-looking statements. Investors are cautioned that these forward-looking statements relate to future events or our future performance and are subject to business, economic, and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements.
These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: the need to address the many challenges facing our business; the potential impact of the COVID-19 pandemic on our business, including potential disruptions to our supply chain, employees, operations, sales and overall market conditions; the competitive pressures we face; risks associated with executing our strategy; the distribution of our products and the delivery of our services effectively; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; whether the market for active and cold data storage develops as anticipated and whether our products meet the developing needs of this market; and other risks that are described herein, including but not limited to the items discussed in "Risk Factors" in our filings with the Securities and Exchange Commission, including our Form 10-K filed with the Securities and Exchange Commission on May 26, 2021 and our Form 10-Q filed on February 9, 2022. We do not intend to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law or regulation.
Media Contact:
Alexandra Gil
Red Lorry Yellow Lorry
quantum@rlyl.com
t +1 617 237 0922
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| 2022-04-19T12:36:57Z
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TEL AVIV, Israel , April 19, 2022 /PRNewswire/ -- AQUARIUS ENGINES and Galooli have set out to offer their customers the most reliable, cost effective and green remotely managed energy supply.
To that end, the two companies have combined the eco-friendly AQUARIUS generators with their innovative Aquarius Management System (AMS) together with Galooli's inhouse AI-enhanced Remote Management module. This will enable real-time data gathering, remote asset visibility and generate actionable insights of generators' performance from the moment of installation.
AQUARIUS ENGINES is a multinational supplier of backup generators that offer comprehensive, reliable, cost effective, green energy supply and advanced site energy management and optimization solutions. Aquarius' ground-breaking generators integrate the Aquarius Free Piston Linear Engine together with its AMS and site energy management SW, providing a complete response to backup and emergency power needs to its customers around the globe.
Galooli specializes in the industrial Internet of things (IIoT), with a focus on remote management and predictive analytics for connected assets and energy sources. Its patented technology enables users from a variety of industries to increase cost savings and energy efficiency while reducing their carbon emissions and operating costs.
The collaboration between these two companies replaces the traditionally binary and polluting diesel backup generators with a smart, remotely operated and optimized energy asset that can be monitored and managed from anywhere, at any time. This plug-and-play solution will ensure cost-effective green energy supply, unprecedented reliability and availability, overall energy optimization and will also provide live alerts to any errant activity.
According to Shahar Milman, VP Sales & Business Development at Galooli, the above collaboration will provide a joint solution for energy efficiency-based analytics managed remotely as part of our ongoing strategy to support our clients in the race to net zero.
Chen Tsuk, VP Sales & Business Development at Aquarius Engines added that collaborating with Galooli is another step in the company's strategy of offering its customers a holistic green energy management and optimization solution.
For more information
Galooli:
Shahar Milman, VP Sales & Business Development
Email: shahar.milman@galooli.com
AQUARIUS:
Chen Tsuk, VP Sales & Business Development
Email : Chent@aquariusengines.com
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| 2022-04-19T12:37:03Z
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- New offering developed in partnership with the biggest companies in the world provides highest catch-rate results in the industry
- Combination of real-time risk assessments, machine learning analytics, and custom-tuning leads to 40% uptick in detection of malicious digital traffic
SAN MATEO, Calif., April 19, 2022 /PRNewswire/ -- Arkose Labs, the global leader in fraud deterrence and account security, today announced the launch of Arkose Detect™. This product solves the pressing twin challenges security professionals face daily – to stop fraud attacks on consumers' accounts and help grow revenue by reducing the friction that good users experience when doing business online.
The company developed Arkose Detect in response to market demand for a product solely focused on understanding and preventing automated and human-driven attacks. It works completely behind the scenes, to provide a smooth, frictionless experience for real users. Previously embedded in the company's existing dynamic attack response solution, Arkose Protect™, it comes to market with the advantage of having been tested extensively on major global businesses - defending against billions of real-world attacks.
"Every company today is operating in the 'decision economy,' which is stimulated and fueled by data," said Arkose Labs Chief Product Officer Ashish Jain. "We designed Arkose Detect to leverage the collective data from the world's biggest companies so that those hard to suss out fraud attacks can be easily detected. As fraud is constantly evolving, we have an ambitious product roadmap and will continue to innovate to stay ahead of threats."
Arkose Detect offers defense-in-depth detection, which drives up fraudsters' cost to evade detection. The product is specifically outfitted with a layered, AI-based foundation that compels fraudsters to up the sophistication of their attacks, which in turn increases their costs. Results show that with the economics out of balance, fraudsters abandon their attacks on companies that use Arkose Detect.
Arkose Detect provides customers with a risk score that enables them to tune their internal fraud models to accurately detect malicious bots and human-driven attacks more than ever before. In a rare cybersecurity industry move, the company shares the Arkose Detect data it obtains and analyzes with customers to help them strengthen their models. Arkose Detect offers the most transparent detection solution on the market, with more than 70 raw risk signals and over 150 pre-built insights derived from our global network, as a standard part of the new product.
Equally exciting is the fact that Arkose Detect customers benefit from instant time-to-value, with an immediate uplift in visibility into traffic risk, unlike legacy solutions that can be slow to implement effectively. Fraudsters are fast, nimble, and opportunistic; companies have to perform at an even higher level to outsmart bad actors, and Arkose Detect empowers them to do so with real-time traffic-risk data.
Industry analysts agree that Arkose Detect is entering the market at the right time. Jim Mortensen, Aite-Novarica fraud and AML strategic advisor, said: "Fraud attacks are increasingly unpredictable and create a complex operating landscape for businesses where it is difficult to differentiate between a fraudster and a good user. This has driven up demand for a new solution that can provide more data insights back to security and fraud teams, enabling them to tune their models and detect more malicious bots and human-perpetrated fraud attacks than ever before. Arkose Detect is an innovative defense-in-depth approach to tackle this big problem."
The company has invested heavily in its detection technology over the last six months and it recently received the highest score possible in The Forrester Wave™: Bot Management, Q2 2022 report in the innovation roadmap criterion. It is actively working with customers to add more traffic onto Arkose Detect, which includes real-time risk assessments, spoofing detection, behavior analytics, machine learning and transparent risk insights. All of these features are backed by the company's industry-leading security operations center (SOC) that will continue to tune the detection signals to ensure the ongoing maximum catch rate.
It additionally improves customer experience with invisible assessments that allow risk-based decisions or a targeted response of the customer's choice. Consumers' online accounts have become one of the most strategically important theaters of today's cyber war being waged by financially-motivated fraudsters. If fraudsters can credential stuff their way into a consumer's account, they stand to make a lot of money. Security professionals are under significant pressure to not only prevent attacks but also ensure legitimate consumers face zero abrasion while accessing their account so that they can easily do business online.
"In just six years, Arkose Labs has grown to boast a portfolio of category-leading customers across financial services, gaming, travel, ecommerce/retail, social media and technology industries," said Arkose Labs founder and CEO Kevin Gosschalk. "And this is just an early chapter in our growth story. Our forecasted trajectory is exciting and attracting attention due to the efficacy of our core technology, on which Arkose Detect is built."
Arkose Labs' premier product, Arkose Protect, has a successful track record. It combines attack detection with dynamic attack response through proprietary enforcement challenges. Customers include many of the most recognizable brands in the world such as Microsoft, PayPal, Roblox, Sony Interactive Entertainment and Dropbox. In parallel to developing Arkose Detect, the company has also been innovating new features for Arkose Protect.
Product enhancements this quarter included:
- New Enforcement Challenge Design, Featuring:
- Device Spoofing Detection Enhancements: Arkose Labs is actively testing the use of WebGL data to further improve accuracy of recognition of spoofed signatures
- Arkose Insights: More data fields delivered to customers through Verify API and RTL API
- Command Center: New Session Explorer and Data Exporter and a new truth data upload/reporting capability
- Infrastructure: Expansion to Japan, improved latency, and ISO certifications
To request a demo of Arkose Detect click here.
About Arkose Labs
Arkose Labs' mission is to create an online environment where all consumers are protected from malicious activity. Recognized by Gartner as a "Cool Vendor in Fraud and Authentication," the company offers the world's first $1 million credential stuffing warranty. Its AI-powered platform combines powerful risk assessments with dynamic attack response that undermines the ROI behind attacks while improving good user throughput. Headquartered in San Mateo, CA with offices in Brisbane and Sydney, Australia, Tokyo, Japan,San Jose, Costa Rica, and London, UK, the company debuted as the 83rd fastest-growing company in North America on the 2021 Deloitte Fast500 ranking.
Contacts
Jean Creech Avent
Global Head of Brand and Communications
Arkose Labs
j.creechavent@arkoselabs.com
+1 843-986-8229
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| 2022-04-19T12:37:09Z
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Operators Can Now More Seamlessly Access Compatible Services that Reduce Methane Emissions on Natural Gas Pipeline Projects
ATLANTA, April 19, 2022 /PRNewswire/ -- Artera Services ("Artera"), one of the nation's industry-leading providers of essential infrastructure services to the natural gas and electric industries, announced today it has developed a strategic agreement with T.D. Williamson ("TDW"), the global pipeline services provider, for both companies to offer their respective specialized services to customers.
The agreement primarily focuses on offering shared services from TDW and Versiv Solutions, LLC ("Versiv"), an Artera operating company that launched last year focused on providing innovative and sustainable solutions to decrease methane emissions. TDW provides a wide range of pipeline system solutions, including hot tapping and line isolation, pigging and integrity services. By pairing complementary services from the two companies, operators will be able to achieve a near emission-less operation during line shut offs.
The mutual subcontractor agreement between the two companies creates an innovative and collaborative approach towards making ventless pipeline evacuation solutions for customers more easily accessible. Additionally, each of Artera's Gas Distribution and Transmission operating companies are included in the strategic agreement, leveraging Artera's national scale and deep customer relationships to advance the adoption of this critical methane reduction technology across the industry.
"This agreement is intended to accelerate the industry in achieving methane emissions reduction goals. Operators need effective, safe solutions to meet their environmental objectives that will also help them complete projects efficiently," said Gina Rundo, Director of Operations for Versiv. "Versiv has quickly become a leader in sustainability solutions for pipeline projects and we are pleased to work even more closely with T.D. Williamson, a longstanding industry leader in pipeline services. This relationship will help to integrate cross compression into daily pipeline operations more than ever before."
Versiv provides cross compression services as an alternative to venting, flaring, or blowdown. When partnered with TDW's trusted intervention and isolation methods, customers can maximize methane emission reduction with a near emission-less operation. The relationship will allow customers to complete pipeline operations work without interruption, resulting in monetary savings, emission reductions, and less disruption to surrounding communities.
"For many years, pipeline operators have chosen hot tapping and plugging to strategically isolate sections of their piping systems, which reduced the volume of the isolated segment and minimized fugitive emissions. Through this partnership with Artera, we are excited to help our customers virtually eliminate emissions by capturing the product contained in those isolated segments, which allows them to achieve their carbon reduction goals," said Ed Guidry, TDW Product Line Senior Director.
The partnership between Artera and TDW will help customers reduce methane emissions and meet environmental goals while they continue the necessary work to maintain and install critical infrastructure.
About Artera
Artera, headquartered in Atlanta, GA, is a $2.5 billion in revenue industry-leading provider of integrated infrastructure services to the natural gas and electric industries across 41 states. Artera employs more than 11,100 people throughout the United States and focuses on maintenance, replacement, upgrade and integrity of existing infrastructure. Artera's business units are recognized market leaders, have long-standing operating histories in the industry, and are well respected for shared common core values of Safety, Quality, Commitment, and Reputation. For more information, visit www.artera.com.
About Versiv Solutions
Versiv is the trusted leader in safety and environmental solutions for the energy and natural gas industries to help our partners meet their ESG commitments. Today, Versiv's primary focus is on providing cross compression services as an alternative to venting, flaring, or blowdown during pipeline repairs and installation. Our cross compression solution keeps gas in pipelines, which prevents the emission of natural gas into the atmosphere, addressing concerns related to methane emissions, safety, and community disruption. Versiv is a nationwide provider – leveraging the Artera footprint across 41 states and 130+ locations. Learn more about Versiv and its solutions at www.versivsolutions.com.
About T.D. Williamson
T.D. Williamson (TDW) draws upon more than 100 years of industry expertise and experience to help operators of pressurized pipeline systems keep the world's energy lifelines running safely and reliably. TDW delivers an unmatched portfolio of solutions for the life of a pipeline including pigging, intervention and isolation, and integrity to support the industry in protecting the environment and moving toward a more sustainable energy future. The company is headquartered in Tulsa, Oklahoma with over 35 global locations and 60+ channel partners. Find out more at www.tdwilliamson.com.
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| 2022-04-19T12:37:15Z
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DALLAS, April 19, 2022 /PRNewswire/ -- Ashford Inc. (NYSE American: AINC) ("Ashford" or the "Company") today announced that Jeremy Welter, its President and Chief Operating Officer, will be leaving the Company effective July 15, 2022. Mr. Welter's position as Chief Operating Officer of Ashford Hospitality Trust (NYSE: AHT) and Braemar Hotels & Resorts (NYSE: BHR) will also end effective July 15, 2022.
"I would like to thank Jeremy for all of his invaluable contributions to our organization over his long tenure with us," commented Monty J. Bennett, Ashford's Chairman and Chief Executive Officer. "He has played an integral part in maximizing the value of our hotel assets and in putting together the group of companies that we have today. We would not be where we are today without Jeremy's creativity & leadership. We have a deep bench of talented executives across our organization, and I believe we are well-positioned to continue to capitalize on the recovery we are seeing in our industry."
* * * * *
Ashford is an alternative asset management company with a portfolio of strategic operating businesses that provides global asset management, investment management and related services to the real estate and hospitality sectors.
Certain statements and assumptions in this press release contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include, among others, statements about the Company's strategy and future plans. These forward-looking statements are subject to risks and uncertainties. When we use the words "will likely result," "may," "anticipate," "estimate," "should," "expect," "believe," "intend," or similar expressions, we intend to identify forward-looking statements. Such statements are subject to numerous assumptions and uncertainties, many of which are outside Ashford Inc.'s control.
These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation: the impact of COVID-19, including one or more possible recurrences of COVID-19 case surges that would cause state and local governments to reinstate travel restrictions and the rate of adoption and efficacy of vaccines to prevent COVID-19, on our business and investment strategy; our ability to maintain compliance with NYSE American LLC continued listing standards; our ability to regain Form S-3 eligibility; our ability to repay, refinance or restructure our debt and the debt of certain of our subsidiaries; anticipated or expected purchases or sales of assets; our projected operating results; completion of any pending transactions; our understanding of our competition; market trends; projected capital expenditures; the impact of technology on our operations and business; general volatility of the capital markets and the market price of our common stock and preferred stock; availability, terms and deployment of capital; availability of qualified personnel; changes in our industry and the markets in which we operate, interest rates or the general economy; and the degree and nature of our competition. These and other risk factors are more fully discussed in the Company's filings with the Securities and Exchange Commission.
The forward-looking statements included in this press release are only made as of the date of this press release. Such forward-looking statements are based on our beliefs, assumptions, and expectations of our future performance taking into account all information currently known to us. These beliefs, assumptions, and expectations can change as a result of many potential events or factors, not all of which are known to us. If a change occurs, our business, financial condition, liquidity, results of operations, plans, and other objectives may vary materially from those expressed in our forward-looking statements. You should carefully consider this risk when you make an investment decision concerning our securities. Investors should not place undue reliance on these forward-looking statements. The Company can give no assurance that these forward-looking statements will be attained or that any deviation will not occur. We are not obligated to publicly update or revise any forward-looking statements, whether as a result of new information, future events or circumstances, changes in expectations, or otherwise, except to the extent required by law.
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SOURCE Ashford Inc.
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https://www.whsv.com/prnewswire/2022/04/19/ashford-announces-planned-departure-executive/
| 2022-04-19T12:37:21Z
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