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Judge finds Trump in contempt in legal fight with NY AG
NEW YORK (AP) — A New York judge found former President Donald Trump in contempt of court and set in motion $10,000 daily fines Monday for failing to adequately respond to a subpoena issued by the state’s attorney general as part of a civil investigation into his business dealings.
Judge Arthur Engoron said a contempt finding was appropriate because Trump and his lawyers hadn’t shown they had conducted a proper search for records sought by the subpoena.
“Mr. Trump, I know you take your business seriously, and I take mine seriously,” Engoron said in a Manhattan courtroom that was packed with reporters, but absent of Trump. “I hereby hold you in civil contempt and fine you $10,000 a day” until the terms of the subpoena are met.
New York Attorney General Letitia James, a Democrat, had asked the court to hold Trump in contempt after he missed a March 31 court-imposed deadline to turn over documents.
Trump, a Republican, has been fighting James in court over her investigation, which he has called a politically motivated “witch hunt.” During oral arguments Monday, Trump attorney Alina Habba said that “Donald Trump does not believe he is above the law.”
Habba said in a statement that the ruling will be appealed.
“We respectfully disagree with the court’s decision. All documents responsive to the subpoena were produced to the attorney general months ago,” she said.
James has been conducting a lengthy investigation into the Trump Organization, the former president’s family company, centering around what she has claimed is a pattern of misleading banks and tax authorities about the value of his properties.
“Today, justice prevailed,” James said in a release after Engoron’s ruling. “For years, Donald Trump has tried to evade the law and stop our lawful investigation into him and his company’s financial dealings. Today’s ruling makes clear: No one is above the law.”
The contempt finding by the judge came despite a spirited argument by Habba, who insisted repeatedly that she went to great lengths to comply with the subpoena, even traveling to Florida to ask Trump specifically whether he had in his possession any documents that would be responsive to the demand.
The judge, though, criticized the lack of explanation in the Trump team’s formal response to the subpoena, telling Habba: “You can’t just stand here and say I searched this and that.”
And after saying he felt “like there’s an 800-pound gorilla in the room here,” he asked why the response to the subpoena didn’t include an affidavit from Trump.
Habba noted that Trump does not send emails or text messages and has no work computer “at home or anywhere else.” She described the search for documents as “diligent.”
“The contempt motion is inappropriate and misleading,” she said. “He complied. ... There are no more documents left to produce by President Trump.”
She also derided the James probe as a “political crusade” and “truly a fishing expedition,” saying Trump and his companies had turned over more than 6 million documents and paperwork related to 103 Trump entities over an eight-year period.
“We’ve turned over everything as fast as possible. This is a waste of judicial resources,” Habba added.
She also defended Trump’s character, saying: “My client is an honest person much to the dismay of certain people in this room.”
Trump spokespeople did not immediately respond to a request for comment.
Investigators for James have said in court filings that they uncovered evidence that Trump may have misstated the value of assets like golf courses and skyscrapers on his financial statements for more than a decade.
At the hearing, Assistant Attorney General Andrew Amer said the investigation was being hampered “because we don’t have evidence from the person at the top of this organization.”
And he said the failure to turn any documents over at the March 31 deadline to respond to the subpoena was “effectively Mr. Trump thumbing his nose at this court’s order.”
Still, Assistant Attorney General Kevin Wallace signaled the probe was about to move to a new phase, saying: “We plan to bring enforcement action in the near future.”
A parallel criminal investigation is being conducted by the Manhattan District Attorney, Alvin Bragg, also a Democrat.
___
Associated Press Writer Jill Colvin in Washington contributed to this story.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/25/judge-finds-trump-contempt-legal-fight-with-ny-ag/
| 2022-04-25T20:19:17Z
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North Dakota lawmaker quits after child porn suspect texts
BISMARCK, N.D. (AP) — North Dakota’s longest-serving state senator announced Monday that he would resign following a report that he had traded scores of text messages with a man jailed on child pornography charges.
Republican Ray Holmberg, who rose to become one of the state’s most powerful lawmakers in a career that spanned 46 years, said he would resign effective June 1. His term was scheduled to end on Nov. 30 and he already had announced in March that it would be his last.
“Recent news stories have become a distraction for the important work of the legislative assembly during its interim meetings,” Holmberg, 79, said in a statement announcing his resignation. “I want to do what I can, within my power, to lessen such distractions.”
Holmberg did not immediately return messages from The Associated Press on Monday. His attorney, Mark Friese, said he didn’t have anything to add beyond Holmberg’s statement.
Friese, a prominent North Dakota criminal defense attorney, said Tuesday that Holmberg hasn’t been charged with any crime, and there is no indication that he will.
GOP Gov. Doug Burgum said in a statement he “supports Sen. Holmberg’s decision to resign.” He did not elaborate.
Senate Majority Leader Rich Wardner said he spoke with Holmberg earlier about his future in the Legislature.
“No charges have been brought against Sen. Holmberg at this time ... he felt it was in the best interest to resign at this time,” Wardner said.
Days after the published report about his text messages, Holmberg had announced that he would step down as head of a powerful panel that oversees the Legislature’s business between sessions.
The Forum of Fargo reported April 15 that Holmberg exchanged 72 text messages in August with Nicholas James Morgan-Derosier. Prosecutors allege Morgan-Derosier possessed several thousand images and videos depicting sexually abused children. He also is accused of taking two children under the age of 10 from Minnesota to his Grand Forks home, with the intent of sexually abusing them.
Holmberg first told the Forum that he had read a newspaper story about the charges, then in a later interview said he had not, the Forum reported.
He told the Forum that his text messages with Morgan-Derosier were related to “a variety of things,” including patio work Morgan-Derosier did for him. He also told the newspaper that he no longer has the text messages.
“They’re just gone,” he said.
Holmberg has been one of the Legislature’s most powerful lawmakers for decades, serving as chairman of the Senate Appropriations Committee. He chaired the Legislative Management committee, which decides committee assignments and chooses study topics that often inspire legislation, four times.
He also sat on the state’s Emergency Commission, which allocates funding and resources in times of an emergency, and served on or chaired several GOP-led redistricting committees.
When he announced in March that this would be his last term, he said the stress of a session and a campaign would “only exacerbate a weakened ability to concentrate on the matters at hand and effectively recall events.”
Many North Dakota Republicans, including Burgum, showered Holmberg with accolades at the time.
Holmberg will remain on the Legislature’s payroll through May and on its state-funded health insurance plan through July, a benefit that is worth about $1,425 monthly.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/25/north-dakota-lawmaker-resigns-after-report-he-texted-child-porn-suspect/
| 2022-04-25T20:19:23Z
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Police chief releases name of officer who shot Patrick Lyoya
GRAND RAPIDS, Mich. (AP) — A Michigan police chief reversed course Monday and publicly identified the officer who fatally shot Patrick Lyoya in the back of the head during an April 4 traffic stop.
The Grand Rapids officer is Christopher Schurr, Chief Eric Winstrom said.
Lyoya, 26, a Black man and native of Congo, was killed after a struggle with the white officer.
“In the interest of transparency, to reduce ongoing speculation, and to avoid any further confusion, I am confirming the name already publicly circulating — Christopher Schurr — as the officer involved in the April 4 officer-involved shooting,” Winstrom said in a statement.
It was a reversal. In the aftermath of the shooting and the release of video, Winstrom said he would withhold the officer’s name unless he was charged with a crime. It was described as a long-standing practice that applied to the public as well as city employees.
Lyoya’s family and Black leaders, including the Rev. Al Sharpton, repeatedly called for transparency and release of the name.
“We want his name!” Sharpton shouted at Lyoya’s funeral on Friday, saying authorities cannot set a precedent of withholding the names of officers who kill people unless the officer is charged.
Lyoya, who was unarmed, was face down on the ground when he was shot. Schurr was on top of him and can be heard on video demanding that he take his hand off the officer’s Taser.
A forensic pathologist who conducted an autopsy at the family’s request said the gun was pressed to Lyoya’s head when he was shot.
“Every time a young Black man or woman is arrested in this town, you put their name all over the news. Every time we’re suspected of something, you put our name out there,” Sharpton said. “How dare you hold the name of a man that killed this man? We want his name!”
After the funeral, Grand Rapids City Manager Mark Washington acknowledged the demand for the officer’s name and said he would discuss the matter with Winstrom and city employment officials.
“Police reform requires evaluating many long-standing practices to ensure our actions are consistent with the best interests of the community and the individuals involved,” Washington said last week.
___
Find the AP’s full coverage of the fatal police shooting of Patrick Lyoya: https://apnews.com/hub/patrick-lyoya
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/25/police-chief-releases-name-officer-who-shot-patrick-lyoya/
| 2022-04-25T20:19:34Z
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Police: Missing Wisconsin girl found dead
CHIPPEWA FALLS, Wis. (WEAU/Gray News) - Chippewa Falls Police Chief Matthew Kelm says 10-year-old Iliana “Lily” Peters was found dead.
Kelm said during a press conference Monday afternoon that a body was found in the wooded area near the Duncan Creek Trail at about 9:15 a.m. Monday. The Chippewa County Coroner confirmed the deceased body was of Iliana, who goes by the name Lily. Kelm said police consider this a homicide investigation, but no one is in custody. Anyone with information is encouraged to contact the police.
Kelm said that while they are following multiple leads, there may be a danger to the public and asked the public to remain vigilant. Kelm said ‘numerous’ agencies were assisting with the investigation and that more information might be provided later Monday.
Lily was reported missing Sunday at 9 p.m. by her father. She is a fourth-grader at Parkview Elementary School, WEAU reported.
Lily’s father said she didn’t return home after visiting her aunt’s house. She was last seen by family members Sunday evening.
Her bike was found after dark near her aunt’s home and a walking trail.
Copyright 2022 WEAU via Gray Media Group, Inc. All rights reserved.
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https://www.whsv.com/2022/04/25/police-searching-missing-child-wisconsin/
| 2022-04-25T20:19:40Z
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Popular breakfast sandwich returns to Chick-fil-A
Published: Apr. 25, 2022 at 3:38 PM EDT|Updated: 40 minutes ago
(CNN) - A fan favorite breakfast option is back at Chick-fil-A.
After a six-year hiatus, the chicken chain is bringing back its spicy chicken biscuit.
The sandwich will be available at a select 1,300 restaurants nationwide.
A new seasonal item is also making its debut – the Cloudberry Sunjoy beverage.
It’s a blend of the classic lemonade and sweet tea with flavors of cloudberry and cherry blossom.
Cloudberry is native to the arctic and is a cross between a raspberry and red currant.
Sunjoy is available at all Chick-fil-A restaurants.
Copyright 2022 CNN Newsource. All rights reserved.
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https://www.whsv.com/2022/04/25/popular-breakfast-sandwich-returns-chick-fil-a/
| 2022-04-25T20:19:49Z
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Elon Musk buys Twitter for $44B and will privatize company
(AP) - Elon Musk reached an agreement to buy Twitter for roughly $44 billion on Monday, promising a more lenient touch to policing content on the platform where he promotes his interests, attacks critics and opines on social and economic issues to more than 83 million followers.
The outspoken Tesla CEO, who is also the world’s wealthiest person, has said he wanted to own and privatize Twitter because he thinks it’s not living up to its potential as a platform for free speech.
Musk said in a joint statement with Twitter that he wants to make the service “better than ever” with new features, such as getting rid of automated “spam bots” and making its algorithms open to the public to increase trust.
“Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated,” Musk said, adding hearts, stars and rocket emojis in a tweet that highlighted the statement.
A more hands-off approach to content moderation has many people concerned the platform will become more of a haven for disinformation and hate speech, something it has worked hard on in recent years to mitigate.
The deal was cemented roughly two weeks after the billionaire first revealed a 9 percent stake in the platform. Musk said last week that he had lined up $46.5 billion in financing to buy Twitter, putting pressure on the company’s board to negotiate a deal.
Twitter said the transaction was unanimously approved by its board of directors and is expected to close in 2022.
Shares of Twitter Inc. rose 6% Monday to $52 per share. On April 14, Musk announced an offer to buy the social media platform for $54.20 per share. While the stock is up sharply since Musk made his offer, it is well below the high of $77 per share it reached in February 2021.
Musk has described himself as a “free-speech absolutist” but is also known for blocking or disparaging other Twitter users who question or disagree with him.
In recent weeks, he has voiced a number of proposed changes for the company, from relaxing its content restrictions — such as the rules that suspended former President Donald Trump’s account — to ridding the platform of fake and automated accounts, and shifting away from its advertising-based revenue model. Musk believes he can increase revenue through subscriptions that give paying customers a better experience, perhaps even an ad-free version of Twitter.
Asked during a recent TED talk if there are any limits to his notion of “free speech,” Musk said Twitter or any forum is “obviously bound by the laws of the country that it operates in. So obviously there are some limitations on free speech in the US, and, of course, Twitter would have to abide by those rules.”
Beyond that, though, he said he’d be “very reluctant” to delete things and in general be cautious about permanent bans.
It won’t be perfect, Musk added, “but I think we want it to really have the perception and reality that speech is as free as reasonably possible.”
After the deal was announced, the NAACP released a statement that urged Musk not to allow former President Trump, the 45th president, back onto the platform.
“Disinformation, misinformation and hate speech have NO PLACE on Twitter,” the civil rights organization said in a statement. “Do not allow 45 to return to the platform. Do not allow Twitter to become a petri dish for hate speech, or falsehoods that subvert our democracy.”
Efforts to “deregulate” Twitter could thwart the company’s current commitment to making the platform as safe as possible for all users, said Brooke Erin Duffy, professor of communication at Cornell University and an expert on social media. "
“Marginalized communities of users are especially vulnerable to the forms of hate and harassment that so often circulate in unregulated online spaces,” she said.
Some users said Monday that they were planning to quit the platform if Musk took it over. To which he responded on Twitter: “I hope that even my worst critics remain on Twitter, because that is what free speech means.”
Musk has battled with the Securities and Exchange Commission on multiple occasions, as he has used Twitter to taunt the regulators.
The SEC has been investigating Musk’s August 2018 tweets in which he asserted that he’d secured funding to take Tesla private for $420 a share, though he had not. Musk is fighting an SEC subpoena in the case in federal court. More recently, Musk appeared to have violated SEC rules by failing to disclose at the point he reached a 5% stake in Twitter, waiting until he had more than 9%.
Noteworthy as they are, the SEC matters have no bearing on Musk’s fitness to buy a company, according to St. John’s University business professor Anthony Sabino, making it unlikely that they would represent roadblocks to the takeover.
With initial concerns of its own about the deal, Twitter had enacted an anti-takeover measure known as a poison pill that could make a takeover attempt prohibitively expensive. But the board decided to negotiate after Musk updated his proposal last week to show he had secured financing, according to The Wall Street Journal.
While Twitter’s user base of more than 200 million remains much smaller than those of rivals such as Facebook and TikTok, the service is popular with celebrities, world leaders, journalists and intellectuals. Musk himself is a prolific tweeter with a following that rivals several pop stars in the ranks of the most popular accounts.
Last week, he said in documents filed with U.S. securities regulators that the money would come from Morgan Stanley and other banks, some of it secured by his huge stake in Tesla.
Musk is the world’s wealthiest person, according to Forbes, with a nearly $279 billion fortune. But much of his money is tied up in Tesla stock — he owns about 17% of the electric car company, according to FactSet, which is valued at more than $1 trillion — and SpaceX, his privately held space company. It’s unclear how much cash Musk has.
Musk began making his fortune in 1999 when he sold Zip2, an online mapping and business directory, to Compaq for $307 million. He used his share to create what would become PayPal, an internet service that bypassed banks and allowed consumers to pay businesses directly. It was sold to eBay for $1.5 billion in 2002.
That same year, Musk founded Space Exploration Technologies, or SpaceX, after finding that cost constraints were limiting NASA’s interplanetary travel. The company eventually developed cost-effective reusable rockets.
In 2004, Musk was courted to invest in Tesla, then a startup trying to build an electric car. Eventually he became CEO and led the company to astronomical success as the world’s most valuable automaker and largest seller of electric vehicles.
Musk’s pledge to make Twitter a haven for free speech could dim the appeal of Donald Trump’s troubled Truth Social app, which the former president has touted as a competitor to Twitter that would cater to conservatives. Truth Social is part of Trump’s new media company, which has agreed to be taken public by Digital World Acquisition Corp. Shares of DWAC dropped 16.2% Monday and are down 46% since Musk revealed his stake in Twitter.
__
Krisher reported from Detroit. O’Brien reported from Providence, R.I. AP Business Writer Kelvin Chan reported from London.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/25/reports-twitter-talks-with-musk-over-bid-buy-platform/
| 2022-04-25T20:19:55Z
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Russia hits rail and fuel targets far from the eastern front
KYIV, Ukraine (AP) — Russia unleashed a string of attacks Monday against rail and fuel installations deep inside Ukraine, far from the front lines of Moscow’s new eastern offensive, in a bid to thwart Ukrainian efforts to marshal supplies for the fight.
The U.S., meanwhile, moved to rush more weaponry to Ukraine and said the assistance from the Western allies is making a difference in the 2-month-old war.
“Russia is failing. Ukraine is succeeding,” U.S. Secretary of State Antony Blinken declared, a day after he and the U.S. secretary of defense made a bold visit to Kyiv to meet with President Volodymyr Zelenskyy.
Blinken said Washington approved a $165 million sale of ammunition — non-U.S. ammo, mainly if not entirely for Ukraine’s Soviet-era weapons — and will also provide more than $300 million in financing to buy more supplies.
U.S. Defense Secretary Lloyd Austin took his comments further, saying that while the U.S. wants to see Ukraine remain a sovereign, democratic country, it also wants “to see Russia weakened to the point where it can’t do things like invade Ukraine.”
Russian President Vladimir Putin accused the U.S. and its allies of trying to “split Russian society and to destroy Russia from within.”
In other developments, fires were reported at two oil facilities in western Russia, not far from the Ukrainian border. Their cause was not immediately known.
When Russia invaded Ukraine on Feb. 24, its apparent goal was the lightning capture of Kyiv, the capital. But the Ukrainians, with the help of Western weapons, thwarted the push and forced Putin’s troops to retreat.
Moscow now says its goal is to take the Donbas, the mostly Russian-speaking industrial region in eastern Ukraine. While both sides say the campaign in the east is underway, Russia has yet to mount an all-out ground offensive and has not achieved any major breakthroughs.
On Monday, Russia focused its firepower elsewhere, with missiles and warplanes striking far behind the front lines.
Five railroad stations in central and western Ukraine were hit, and one worker was killed, said Oleksandr Kamyshin, head of Ukraine’s state railway. The bombardment included a missile attack near Lviv, the western city close to the Polish border that has been swelled by Ukrainians fleeing the fighting elsewhere around the country.
Ukrainian authorities said that at least five people were killed by Russian strikes in the central Vynnytsia region.
Russia also destroyed an oil refinery in Kremenchuk, in central Ukraine, along with fuel depots there, Russian Defense Ministry spokesman Maj. Gen. Igor Konashenkov said. In all, Russian warplanes destroyed 56 Ukrainian targets overnight, he said.
Philip Breedlove, a retired U.S. general who was NATO’s top commander from 2013 to 2016, said the latest strikes against fuel depots are part of a strategy to deplete key Ukrainian war resources. The strikes against rail targets, on the other hand, are a newer tactic, he said.
“I think they’re doing it for the legitimate reason of trying to interdict the flow of supplies to the front,” he said. “The illegitimate reason is they know people are trying to leave the country, and this is just another intimidation, terrorist tactic to make them not have faith and confidence in traveling on the rails.”
Phillips P. O’Brien, professor of strategic studies at the University of St. Andrews in Scotland, said the war is, for now, settling into a campaign of incremental battlefield losses and gains.
“The two sides are sort of every day weakening each other,” he said. “So it’s a question of what can you bring in that’s new” and “what can you destroy on the other side.”
In Transnistria, a breakaway region of Moldova, several explosions believed caused by rocket-propelled grenades hit the territory’s Ministry of State Security. There was no immediate claim of responsibility, and no injuries were immediately reported.
Transnistria is a strip of land with about 470,000 people along the Ukrainian border. Russia has about 1,500 troops based there.
Moldova’s Foreign Ministry said “the aim of today’s incident is to create pretexts for straining the security situation in the Transnistrian region.” The U.S. warned previously that Russia may launch “false-flag” attacks against its own side to create a pretext for invading other nations.
Last week, Rustam Minnekayev, a Russian military commander, said the Kremlin wants full control of southern Ukraine, which he said would open the way to Transnistria.
An estimated 2,000 Ukrainian troops holed up in a steel plant in the strategic southern port city of Mariupol are tying down Russian forces and apparently keeping them from being added to the offensive elsewhere in the Donbas. Over the weekend, Russian forces launched new airstrikes on the Azovstal plant to try to dislodge the holdouts.
Some 1,000 civilians were also said to be taking shelter at the steelworks, and the Russian military pledged to open a humanitarian corridor Monday for them to leave.
The Russian offer was met with skepticism by Ukraine. Deputy Prime Minister Iryna Vereshchuk said on the Telegram messaging app that Ukraine does not consider the route safe and added that Russia had breached agreements on similar evacuation routes before. She called on the United Nations to oversee an evacuation.
The city council and mayor of Mariupol said a new mass grave has been identified about 10 kilometers (6 miles) north of the city. Mayor Vadym Boychenko said authorities were trying to estimate the number of victims. Satellite photos released over the past several days yielded what appeared to be images of other mass graves.
Mariupol has been gutted by bombardment and fierce street fighting over the past two months. In addition to freeing up Russian troops, the capture of the city would deprive Ukraine of a vital port and allow Moscow to establish a land corridor to the Crimean Peninsula, which it seized from Ukraine in 2014.
Britain said it believes 15,000 Russian troops have been killed in Ukraine since Moscow began its invasion. Defense Secretary Ben Wallace said 25% of the Russian combat units sent to Ukraine “have been rendered not combat effective.”
Ukrainian officials have said about 2,500 to 3,000 Ukrainian troops had been killed as of mid-April.
Meanwhile, fires erupted at two oil storage facilities in Bryansk, in western Russia, about 100 kilometers (60 miles) from the Ukrainian border. One of the fires was at a depot owned by a subsidiary of the Russian state company Transneft, Russian authorities said.
Last month, Russia charged that two Ukrainian helicopter gunships hit an oil depot in Russia’s Belgorod region, close to the Ukrainian border.
___
Associated Press journalists Yuras Karmanau and Jon Gambrell in Lviv, Ukraine, and AP staff around the world contributed.
___
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.whsv.com/2022/04/25/russian-advance-ukraine-slow-us-says-moscow-is-failing/
| 2022-04-25T20:20:02Z
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Texas Guardsman’s body found after border rescue attempt
EAGLE PASS, Texas (AP) — Search crews have recovered the body of a Texas National Guard member who went missing after jumping in the river on the U.S.-Mexico border to help a migrant who was struggling to swim across.
Authorities say the body of Spc. Bishop Evans was found Monday, three days after he was reported missing on the Rio Grande.
The local sheriff has said Evans jumped into the river without his jacket or radio to help a woman who appeared in distress while trying to swim over from Mexico.
Maverick County Sheriff Tom Schmerber said Evans took off his jacket and left his radio before going into the water around 8:30 a.m. Friday.
“He jumped in the river,” Schmerber said. “They never saw him come out.”
The two migrants were taken into custody by U.S. Customs and Border Patrol. According to the military department, authorities believe the migrants were involved in drug smuggling.
Migrant rescues are common in the river along the Texas border, and the attempted crossings are also sometimes deadly.
Schmerber, a former Border Patrol officer, said Guard members do not usually enter the water to attempt rescues and this was the first incident he could recall. He estimated the portion of the river where the attempted rescue occurred was roughly 70 to 80 yards (64 to 73 meters) wide.
“That river is very dangerous. It’s strong currents,” Schmerber said. “It’s risky to cross the river like that.”
Evans was assigned to Republican Gov. Greg Abbott’s sprawling border security mission, known as Operation Lone Star, which has deployed thousands of Guard members across Texas’ 1,200-mile (1,920-kilometer) southern border since launching last year. The multibillion-dollar operation also includes a heavy presence of state troopers and authorizes Guard members to help make arrests.
The mission has come under scrutiny over migrants sitting in border jails for months on trespassing charges and low morale among Guard members over living conditions, long deployments and little to do.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/25/search-continues-texas-guardsman-missing-after-border-rescue-attempt/
| 2022-04-25T20:20:08Z
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Staunton PD investigating weekend robbery
Published: Apr. 25, 2022 at 11:56 AM EDT|Updated: 4 hours ago
STAUNTON, Va. (WHSV) - On April 24, 2022 at approximately 11:45 p.m., Staunton police say a robbery was reported at the Goldfish Game Room, located at 2303-C N. Augusta St.
An employee reported that a male brandished a handgun before stealing an undisclosed amount of money from the business.
The suspect is described as a male wearing dark clothing. This investigation is ongoing.
Anyone with information about this incident is asked to call either the Staunton Police Department at 540-332-3842 or Crimestoppers at 1-800-322-2017.
Copyright 2022 WHSV. All rights reserved.
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https://www.whsv.com/2022/04/25/staunton-pd-investigating-weekend-robbery/
| 2022-04-25T20:20:19Z
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Melissa Lucio’s execution delayed by Texas appeals court
HOUSTON (AP) — A Texas appeals court on Monday delayed the execution of a woman amid growing doubts about whether she fatally beat her 2-year-old daughter in a case that has garnered the support of lawmakers, celebrities and even some of the jurors who sentenced her to death.
The Texas Court of Criminal Appeals granted a request by Melissa Lucio’s lawyers for a stay of execution so a lower court can review her claims that new evidence would exonerate her. It was not immediately known when the lower court would begin reviewing her case.
Lucio had been set for lethal injection on Wednesday for the 2007 death of her daughter Mariah in Harlingen, a city of about 75,000 in Texas’ southern tip.
The execution stay was announced minutes before the Texas Board of Pardons and Paroles had been set to consider her clemency application to either commute her death sentence or grant her a 120-day reprieve.
Lucio’s attorneys say her capital murder conviction was based on an unreliable and coerced confession that was the result of relentless questioning and her long history of sexual, physical and emotional abuse. They say Lucio wasn’t allowed to present evidence questioning the validity of her confession.
Her lawyers also contend that unscientific and false evidence misled jurors into believing Mariah’s injuries only could have been caused by physical abuse and not by medical complications from a severe fall.
Cameron County District Attorney Luis Saenz, whose office prosecuted the case, has said he disagrees with Lucio’s lawyers’ claims that new evidence would exonerate her. Prosecutors say Lucio had a history of drug abuse and at times had lost custody of some of her 14 children.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.whsv.com/2022/04/25/texas-appeals-court-delays-execution-melissa-lucio/
| 2022-04-25T20:20:25Z
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Virginia attorney general speaks on impact of victims during National Crime Victims’ Rights Week event
Published: Apr. 25, 2022 at 3:02 PM EDT|Updated: 1 hour ago
DANVILLE, Va. (WDBJ) - Virginia’s attorney general visited a couple hometowns east of the Blue Ridge Monday.
Jason Miyares visited Danville and Lynchburg as part of National Crime Victims’ Rights Week. The theme for this year is rights, access and equity for all victims.
Miyares told folks in Danville that the stories of victims of crimes in many cases are often impactful.
“Prosecutors will tell you that often times it’s not the defendants that they remember nearly as much as the victims, because so many of their stories in many ways, they can haunt you,” said Miyares.
Part of this year’s theme is enforcing victims’ rights and expanding access to services.
Copyright 2022 WDBJ. All rights reserved.
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https://www.whsv.com/2022/04/25/virginia-attorney-general-speaks-impact-victims-during-national-crime-victims-rights-week-event/
| 2022-04-25T20:20:32Z
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Loan to fund the development of multifamily building with 83 residential units
MINNEAPOLIS, April 25, 2022 /PRNewswire/ -- ACRES Capital Corp. (together with its subsidiaries, "ACRES"), a leading commercial real estate middle-market lender, has originated a $19.25 million loan to fund the development of Sawyer & Huck (the "Property") in Minneapolis.
The proposed 46,504-square-foot multifamily building will house 83 luxury rental units and include 47 on-site covered parking spaces. The property will also provide premier community amenities such as a fitness center, roof deck, and bike parking.
Located within walking distance of downtown Minneapolis and the University of Minnesota, the property is situated in the historic St. Anthony West area, which lies on the east bank of the Mississippi River. The trendy area features an abundance of nearby recreational activities and cultural attractions.
"Home to 18 Fortune 500 companies, Minneapolis has a rapidly growing multifamily market characterized by healthy occupancies and a strong tenant demographic driving demand," said ACRES Chief Executive Officer and President Mark Fogel. "Given the property's location and high-quality finishes, it will rank at the upper end of the luxury multifamily market."
The loan was provided to Charles Street Development Company based in Denver and Drew Miller of ACRES' Uniondale, N.Y. office originated the loan.
About ACRES
ACRES is a nationwide direct lender and SEC-registered investment adviser that provides construction, bridge and permanent debt capital solutions for the commercial real estate industry. ACRES partners on targeted opportunities in the $10 million to $100 million range, including multifamily, student housing, retail, office, hospitality, and industrial. Contact us at www.acrescap.com or at (516) 535-0015.
Media Contacts:
Doug Allen / Maya Hanowitz
Dukas Linden Public Relations
(646) 722-6530
ACRES@DLPR.com
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SOURCE ACRES Capital, LLC
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| 2022-04-25T20:20:40Z
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The Island, out May 17, 2022, is the highly anticipated follow-up to his #1 breakout bestseller The Chain
NEW YORK, April 25, 2022 /PRNewswire/ -- Adrian McKinty's remarkable story has inspired people all over the world. His novel, THE CHAIN, written when he was broke, homeless, and driving an UBER to provide for his family, became a global phenomenon, a New York Times bestseller (in hardcover, paperback and mass market), a #1 international bestseller that sold in forty-three countries around the world, an acclaimed novel that made more than twenty-five "best book of the year" lists including that of Time magazine, the winner of five major international awards, and will soon be a major motion picture from Universal Pictures with visionary film director Edgar Wright at the helm (Baby Driver, Shaun of The Dead, Hot Fuzz).
Bruce Nichols, Publisher of Little, Brown and Company, announced today the publication of THE ISLAND, Adrian McKinty's magnificent new thriller, after acquiring McKinty's next two books in a seven-figure worldwide deal for from Shane Salerno at The Story Factory. Nichols commented, "Adrian McKinty is a master at creating high-stakes, white-knuckle dramas in which family members go to extraordinary lengths to protect one another—even in the most extreme of circumstances. THE ISLAND is a page-turner like no other."
Now Adrian McKinty's inspiring story continues with the worldwide release of The Island on May 17, 2022. Another harrowing thriller that draws from McKinty's determination to do what it takes to keep his family safe, and his experiences parenting through uncertainty, the book has already received widespread praise from major authors, including Don Winslow, and from booksellers, early readers, and the media, with two consecutive starred reviews from Publishers Weekly and Booklist.
THE ISLAND focuses on a young stepmother who will stop at nothing to save her family. The story centers on newly married Heather Baxter as she heads out on a trip to Australia with her doctor husband, Tom, and his two teens, Olivia and Owen. At first, the trip is a dream come true. Heather's never traveled outside of the US before. And she's been struggling to connect with her new stepchildren. But as on any family vacation, little goes as planned—the weather is too hot, the kids soon bored, and the promised koalas nowhere to be seen. When their spontaneous visit to a remote island leads to a horrific accident, Heather must make a decision that changes everything. Soon they are on the run for their lives, through a gauntlet that tops even THE CHAIN for its sheer intensity and breakneck pace.
Adrian McKinty says, "The last few years of my life have been a whirlwind experience. After seventeen books, I became an overnight success just before my fiftieth birthday. It's been an incredible journey and completely overwhelming all at once. I'm so grateful for how readers around the world have embraced THE CHAIN and if you loved THE CHAIN I think you will absolutely love THE ISLAND."
Hulu recently acquired the television rights to THE ISLAND in a major seven-figure deal that was announced on Deadline Hollywood and widely picked up.
At the same time, Universal Pictures is moving toward production with the film adaptation of The Chain from director Edgar Wright (Baby Driver) and screenwriter Jane Goldman (Kick Ass, X-Men: First Class, Kingsman: The Secret Service) and six-time Oscar nominated producer Eric Fellner of Working Title Pictures.
About Adrian McKinty:
Adrian McKinty was born and raised in Belfast, Northern Ireland. He studied philosophy on a full scholarship at Oxford University before moving to Australia and to New York. He is the author of more than a dozen crime novels, including the Dagger and Edgar-award nominated debut Dead I Well May Be, the critically acclaimed Sean Duffy series, and the award-winning standalone thriller The Chain, which was a New York Times and #1 international bestseller. McKinty's books have been translated into over 30 languages and he has won the Edgar Award, the International Thriller Writers Award, the Ned Kelly Award (3 times), the Anthony Award, the Barry Award, the Macavity Award, and the Theakston Old Peculier Crime Novel of the Year Award.
**Adrian discusses how he went from almost being evicted to writing bestsellers on CBS Saturday Morning.
**Universal Pictures has acquired the screen rights to Adrian McKinty's novel The Chain in a deal that calls for a guaranteed low-seven-figure payday for the author, an Uber driver until a series of deals for the book changed his life.
**Hulu acquires Adrian McKinty's New Novel The Island For Limited Series (Deadline Story)
About Little, Brown and Company:
Little, Brown and Company is a division of Hachette Book Group, Inc. Founded in 1837, Little, Brown has long been recognized as a publisher committed to publishing fiction of the highest quality fiction and nonfiction of lasting significance. Hachette Book Group is a leading trade publisher based in New York and a division of Hachette Livre, the third largest trade and educational publisher in the world.
www.littlebrownandcompany.com
Follow Little, Brown on Facebook: facebook.com/littlebrownandcompany
And on Twitter: @littlebrown
Advanced praise for Adrian McKinty and The Island:
"Deliverance meets The Road Warrior in this harrowing survival thriller set in Australia from bestseller McKinty (The Chain). Heather, a 24-year-old Seattle massage therapist, has recently married surgeon Tom Baxter, a widower who's 20 years her senior. She's also taken on the responsibility of caring for Tom's children, 14-year-old Olivia and 12-year-old Owen. Olivia and Owen view Heather as "too young to be a real mom," and Heather agrees. When Tom is invited to give the keynote speech at a medical conference in Melbourne, he packs up the family, saying they can make a mini vacation of the trip. Given the incessant demands of the kids to see koalas and kangaroos, Tom agrees to pay an exorbitant sum to take a ferry to a small private island, which turns out to be the home of the unsavory O'Neil family. A penknife Heather received as a gift from an Aboriginal man on the mainland comes in handy after an accidental road death leads the vengeful O'Neils to target the Baxters. How Heather and the children wind up pooling their abilities to stay alive against all odds makes for an exhilarating ride. McKinty is a master of suspense."–Starred review, Publishers Weekly
"Wow, this book left me breathless and on the edge of my seat from the very first page—this is thriller writing of a high order. Gripping and unpredictable, prepare to be hooked and pumped full of adrenaline as McKinty deftly weaves a compulsively readable plot with characters that you are rooting for. No one does high- stakes tension like McKinty. Put The Island at the top of your TBR—you won't regret it."
—Sarah Pearse, New York Times bestselling author of The Sanatorium
"Heart-stoppingly tense and unpredictable, The Island twists a family vacation to a nightmarish breaking point. Adrian McKinty has written another irresistible and pulse-pounding thriller about the surprising places evil hides and just how far we'll go for those we love."
—Karin Slaughter, New York Times bestselling author
"McKinty's The Chain (2019) ran the table in terms of sales and critical acclaim, and now he's delivered another knockout stand-alone. A trip to Australia seemed like an opportunity for Tom Baxter, a Seattle doctor, and his new wife, the much-younger Heather, to help Tom's two teen children, Owen and Olivia, get over the death of their mother only a year ago. First mistake: in search of koalas, they pay a scruffy group of men, part of the O'Neill clan, to ferry them to the isolated Dutch Island. Second mistake: Tom, driving too fast, runs over a young woman. Third mistake: they hide the body and try to escape before the creepy O'Neills figure out what happened. Of course, they're captured, and after Tom is knifed by the dead woman's husband, Heather, Owen, and Olivia hightail it into the forbidding landscape surrounding the O'Neill compound. Fortunately, they have resources they don't immediately recognize: Heather knows a thing or two about survival, and the kids are both whip smart, if only they could stop hating Heather. The chase that ensues under the blistering Australian sun is expertly choreographed and breathlessly exciting, but the novel hits another level entirely through McKinty's portrayal of the developing relationship between Heather and the teens (whom she initially didn't want in her life anymore than they wanted her). The family-in-peril story is a familiar trope, but here both the peril and the family are like no other. HIGH-DEMAND BACKSTORY: The Chain was McKinty's breakthrough novel in 2019, and this one, accompanied by a major national media campaign, could be every bit as big." — Bill Ott, Booklist (starred review)
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SOURCE Little, Brown and Company
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| 2022-04-25T20:20:46Z
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LAS VEGAS, April 25, 2022 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) has scheduled its first quarter 2022 financial results conference call for Wednesday, May 4 at 4:30 p.m. EST. A live broadcast of the conference call will be available through the company's Investor Relations website homepage at http://ir.allegiantair.com. The webcast will also be archived on the "Events & Presentations" section of the site.
Allegiant – Together We FlyTM
Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant's fleet serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at Allegiant.com. Media information, including photos, is available at http://gofly.us/iiFa303wrtF
Note: This news release was accurate at the date of issuance. However, information contained in the release may have changed. If you plan to use the information contained herein for any purpose, verification of its continued accuracy is your responsibility.
For further information please visit the company's investor website: http://ir.allegiantair.com
Reference to the Company's website above does not constitute incorporation of any of the information thereon into this news release.
Media Inquiries: mediarelations@allegiantair.com
Investor Inquiries: Sherry Wilson: ir@allegiantair.com
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| 2022-04-25T20:20:53Z
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SAN DIEGO, April 25, 2022 /PRNewswire/ -- Quantum Leap Healthcare Collaborative™ (Quantum Leap) and Ambrx Biopharma Inc., or Ambrx, (NYSE: AMAM), a clinical stage biopharmaceutical company using an expanded genetic code technology platform to create Engineered Precision Biologics, today announced the selection of Ambrx's antibody drug conjugate (ADC) ARX788 for a new investigational treatment arm in the I-SPY 2.2 TRIAL for the treatment of HER2-positive breast cancer in the neoadjuvant setting. Sponsored by Quantum Leap, the I-SPY 2.2 TRIAL is a continuation of the I-SPY 2 TRIAL that seeks to create personalized treatments by adapting therapies for each patient to optimize the clinical outcome.
"We are particularly excited about this collaboration," stated Dr. Laura J. Esserman, MD, MBA, Director of the Breast Care Center at the UCSF Helen Diller Family Comprehensive Cancer Center, and Principal Investigator of I-SPY Family of Trials. "We hope this will usher in an era of more targeted, effective and less toxic therapies for people with HER 2 positive breast cancers, leveraging decades of investment in science and drug development, and delivering better treatment to patients when they need it most. This is the right drug, for the right patient at the right time."
I-SPY 2.2 is an adaptive Phase 2 clinical trial that evaluates emerging targeted agents, allowing those agents to either be combined with less toxic chemotherapeutic regimens or to replace cytotoxic chemotherapy entirely. ARX788 will be evaluated as a monotherapy, and in combination with the PD-1 targeting checkpoint inhibitor cemiplimab, in HER2-positive early-stage breast cancer in the neoadjuvant setting. Ambrx anticipates the ARX788 arms to begin enrolling patients in May 2022.
Quantum Leap, sponsor of the I-SPY 2.2 TRIAL, leads a pre-competitive consortium that includes the U.S. Food & Drug Administration (FDA), industry, patient advocates, philanthropic sponsors, and clinicians from more than 16 major U.S. cancer research centers.
"I am thrilled that Quantum Leap has selected Ambrx's antibody drug conjugate, ARX788, to be evaluated in the I-SPY 2.2 TRIAL," said Feng Tian, Ph.D., Chairman of the Board, President, and CEO of Ambrx. "We are encouraged by the favorable anti-tumor activity and safety profile of ARX788 for the treatment of early-stage breast cancer. It may provide a less toxic treatment option for patients through the precision conjugation of cytotoxic payloads targeting HER2 receptors. I look forward to collaborating with Quantum Leap and exploring the potential of our antibody drug conjugate in enabling effective chemo-free therapeutic treatments to patients."
ARX788 is an anti-HER2 antibody drug conjugate (ADC) that is being studied broadly in breast cancer, gastric/GEJ cancer and other solid tumors. ARX788 is a homogeneous and highly stable ADC that maximizes potential anti-tumor activity by optimizing the number and position of its payloads and the chemical bonds that conjugate the payloads to the antibody. The United States Food and Drug Administration (FDA) has granted ARX788 the Fast Track Designation for the treatment of HER2-positive metastatic breast cancer.
About Ambrx Biopharma Inc. (Ambrx)
Ambrx is a clinical stage biopharmaceutical company using an expanded genetic code technology platform to discover and develop Engineered Precision Biologics. These include next generation antibody drug conjugates (ADCs), bispecifics, targeted immuno-oncology therapies, novel cytokines to modulate the immune system, and long-acting therapeutic peptides for metabolic and cardiovascular disease. Ambrx is advancing a robust portfolio of clinical and preclinical programs designed to optimize efficacy, safety and ease of use, in multiple therapeutic areas, including its lead product candidate ARX788. In addition, Ambrx has clinical collaborations with multiple partners, for drug candidates generated using Ambrx technology. For more information, please visit www.ambrx.com
About the I-SPY TRIALs
The I-SPY 2 TRIAL (Investigation of Serial studies to Predict Your Therapeutic Response with Imaging And moLecular analysis) was designed to rapidly screen promising experimental treatments and identify those most effective in specific patient subgroups based on molecular characteristics (biomarker signatures). The trial is a unique collaborative effort by a consortium that includes the Food and Drug Administration (FDA), industry, patient advocates, philanthropic sponsors, and clinicians from more than 20 major U.S. cancer research centers. Under the terms of the collaboration agreement, Quantum Leap Healthcare Collaborative is the trial sponsor and manages all study operations. For more information, visit www.ispytrials.org
About Quantum Leap Healthcare Collaborative
Quantum Leap Healthcare Collaborative is a 501(c)(3) charitable organization established in 2005 as a collaboration between medical researchers at University of California, San Francisco and Silicon Valley entrepreneurs. Our mission is to integrate high-impact research with clinical processes and systems technology, resulting in improved data management and information systems, greater access to clinical trial matching and sponsorship, and greater benefit to providers, patients and researchers. Our goal is to improve and save lives. Quantum Leap provides operational, financial, and regulatory oversight to the I-SPY Trials. For more information, visit www.QuantumLeapHealth.org
Forward-Looking Statements
This press release includes certain "forward-looking statements" intended to qualify for the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements may be identified by the words "anticipate," believe," "estimate," "expect," "intend," "plan," "project," "may," "will," "could," "should," "seek," "potential" and similar expressions, and include, without limitation, express or implied statements regarding Ambrx's beliefs and expectations regarding the advancement and potential benefits of ARX788, clinical development and strategic plans for ARX788, and the timing of program updates and milestones related to ARX788. Forward-looking statements are based on Ambrx's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Factors that could cause actual results to differ include, but are not limited to, those risks and uncertainties associated with: the impact of the COVID-19 pandemic on Ambrx's business, operations, strategy, goals and anticipated milestones; Ambrx's ability to execute on its strategy including with respect to the timing of its R&D efforts, initiation of clinical trials and other anticipated milestones; risks associated with development of novel therapeutics, including potential delays in clinical trials and regulatory submissions and the fact that future clinical trial results may not be consistent with preliminary results or results from prior preclinical studies or clinical trials; Ambrx's ability to fund operations as anticipated; and the additional risks and uncertainties set forth more fully under the caption "Risk Factors" in Ambrx's registration statement on Form F-1 filed with the United States Securities and Exchange Commission (SEC) on June 14, 2021, and elsewhere in Ambrx's filings and reports with the SEC. Forward-looking statements contained in this announcement are made as of this date, and Ambrx undertakes no duty to publicly update or revise any forward looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable law.
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| 2022-04-25T20:21:00Z
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ATLANTA , April 25, 2022 /PRNewswire/ -- Today, The American Cancer Society (ACS) announced Genentech, a member of the Roche Group, has been awarded the 2021 Corporate Partner of the Year Award, a national honor presented in recognition of its incredible impact on the development goals of ACS.
Genentech made a multi-year leadership commitment as a founding sponsor of ACS's Get Screened initiative, a comprehensive multi-sector national movement to restore cancer screening rates to pre-pandemic levels. As a shared priority to advance health equity principles and increase cancer screening, Genentech activated its employee network to accelerate social media activities, drove local activation of campaign efforts, advised regional cancer control projects, and participated in the National Consortium.
"The initiative reflects Genentech's broader commitment to support the development of interventions to advance health equity," said Jennifer Lombardo, vice president of Corporate Alliances & Solutions for the American Cancer Society. "Their investment has enabled ACS to initiate this transformative campaign and execute a variety of key components nationwide."
"We believe every person with cancer deserves the best possible care, from prevention and diagnosis to treatment and monitoring," said Fritz Bittenbender, senior vice president of Access & External Affairs at Genentech. "Realizing this is only possible through the power of partnerships. We are proud of our longstanding relationship with the American Cancer Society and to be recognized as their Corporate Partner of the Year."
In addition to the Get Screened campaign, Genentech partnered with ACS on various impactful initiatives to further their commitment to the mission of the ACS. Some of these included:
- Cancer Screen Week, is a collaborative effort among ACS, Stand Up To Cancer and Optum to increase public awareness and understanding of the potentially lifesaving benefits of early cancer detection through screening.
- Screen Your Lungs campaign, sponsored by Genentech, focused on highlighting the importance of lung cancer screening through a public service announcement and robust advertising campaign, complete with a website for consumers to determine screening eligibility through a quiz.
- Serving as a member and sponsor of The National Lung Cancer Roundtable (NLCRT): Launched in 2017 and has brought together and galvanized more than 170 leading organizations, professional societies, government agencies, cancer centers, academic institutions, and health plans to help to reduce lung cancer mortality.
- Long-time sponsor of the National Navigation Roundtable (NNRT): Launched in 2017, the NNRT is a national coalition of organizations and invited individuals dedicated to advancing navigation efforts that eliminate barriers to quality care, reduce disparities, and foster ongoing health equity across the cancer continuum.
- Extensive engagement and partnership elevating mission activities and addressing health disparities and awareness
About the American Cancer Society
The American Cancer Society is on a mission to free the world from cancer. We invest in lifesaving research, provide 24/7 information and support, and work to ensure that individuals in every community have access to cancer prevention, detection, and treatment. For more information, visit cancer.org.
Dr. Karen Knudsen, chief executive officer of ACS, is a member of Genentech's Scientific Resource Board.
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| 2022-04-25T20:21:06Z
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Nominations for Pathway to Stop Diabetes® research award now open
ARLINGTON, Va., April 25, 2022 /PRNewswire/ -- The American Diabetes Association® (ADA) is pleased to announce the opening of a new nomination window for the Pathway to Stop Diabetes® research grants in 2022. The ADA is looking for scientists at the peak of their creativity to provide them with the autonomy, flexibility, and resources on the road to breakthrough discoveries. By awarding two five-to-seven-year grants, the ADA will provide access to scientific and career mentoring from leading diabetes researchers, and create a diabetes think tank to cultivate the next generation of leaders, whose discoveries will stop diabetes and all its burdens once and for all.
"The Pathway formula is to invest in brilliant individuals with the most promising research approaches to ultimately cure, better manage, or prevent diabetes, and strategically pair these trailblazers with a world-class mentor to refine and enhance their work," said Dr. Robert Gabbay, Chief Scientific and Medical Officer for the ADA. "We are creating an ecosystem that accelerates clinical innovations and breakthroughs." Pathway recipients receive guidance from seasoned diabetes pioneers, in addition to ADA's in-house Science & Health Care team, to maximize and accelerate the impact of their work.
"My daughter was diagnosed with type 1 diabetes. My strongest asset is my desire to provide a normal life for her. My motivation on this count knows no bounds," said Pathway researcher Sumita Pennathur, PhD. Through Pathway to Stop Diabetes, the ADA is placing bold bets on talented researchers with the most promising approaches to change the lives of people with diabetes and their loved ones.
Grantees will receive up to $1.625M over either five or seven years, which allows diabetes researchers the resources and protected time to pursue innovative research, but also the freedom and flexibility to unleash their potential. Once selected, Pathway recipients join a cohort of diabetes researchers—a diabetes think tank—that they can rely on as they conduct their research.
"The Pathway program catalyzed my career success. I started my Pathway award as a new junior faculty member—I am now a tenured, R01-funded physician-scientist. Our work has a national impact and is improving outcomes for patients with diabetes during pregnancy," said Pathway researcher Ebony Boyce Carter, MD.
This call for nominations, from across all areas of diabetes, is prioritizing exceptional investigators that aim to advance existing knowledge and discovery gained from the basic sciences to its eventual translation into patient and population benefit. The ideal applicant will propose innovative translational research that will be an important step towards the eventual goal of improving the lives of people at risk of diabetes or living with the disease and the pathway to this impact is clear. For more information, visit diabetes.org/grants, Current Funding Opportunities.
The American Diabetes Association (ADA) is the nation's leading voluntary health organization fighting to bend the curve on the diabetes epidemic and help people living with diabetes thrive. For 81 years the ADA has driven discovery and research to treat, manage, and prevent diabetes while working relentlessly for a cure. Through advocacy, program development, and education we aim to improve the quality of life for the over 133 million Americans living with diabetes or prediabetes. Diabetes has brought us together. What we do next will make us Connected for Life. To learn more or to get involved, visit us at diabetes.org or call 1-800-DIABETES (1-800-342-2383). Join the fight with us on Facebook (American Diabetes Association), Spanish Facebook (Asociación Americana de la Diabetes), Twitter (@AmDiabetesAssn), and Instagram (@AmDiabetesAssn).
Contact: Daisy Diaz, 703-253-4807
press@diabetes.org
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| 2022-04-25T20:21:13Z
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TORONTO, April 25, 2022 /PRNewswire/ -- A new series from Antica Productions, Higher Ed Spotlight is a podcast series covering the issues that matter to students, from the most important, innovative voices in the world of higher education.
Hosted by Ben Wildavsky, one of the leading thinkers in higher education policy, this series is a valuable resource for students, faculty, administrators, and everyone who cares about the future of our colleges and universities. Sponsorship is provided by Chegg.
We'll hear from leaders, academics, and innovators on the frontlines, working to solve the most pressing issues affecting students today, from cost-effective and career-relevant education to how we can equip students for the future of work. Under Secretary of Education James Kvaal explains how the Biden administration aims to make college more accessible. Paul LeBlanc, the President of Southern New Hampshire University, sounds off on the failings of higher ed, and offers his thoughts on a brighter way forward. The President of the American Association of State Colleges and Universities, Millie Garcia, explains why the college conversation needs to move beyond the Ivy League to the institutions most Americans actually attend. Computer science innovator Charles Isbell of Georgia Tech and ed tech pioneer Ann Kirschner of City University of New York add to a compelling roster of guests.
The first five episodes of Higher-Ed Spotlight are available on Apple Podcasts, Spotify.
Higher-Ed Spotlight is produced by Antica Productions, with sponsorship from Chegg Inc. Hosted by Ben Wildavsky, and produced by Ben Wildavsky, Mitchell Stuart, and Jacob Lewis. Stuart Coxe is the executive producer and president of Antica Productions.
About Ben Wildavsky
Ben Wildavsky is a veteran higher education strategist, writer, editor, speaker, convener, and podcast host. He has decades of experience in journalism and education policy, including leadership roles at Strada Education Network, (where he launched the Lessons Earned podcast), the College Board, and U.S. News & World Report. He is also the author of the award-winning book The Great Brain Race with bylines in many national magazines and newspapers, including the Atlantic, the Wall Street Journal, Foreign Policy, and the Washington Post.
About Antica Productions
Antica Productions is a creative content company that specializes in film, TV and podcasts. Our work helps our partners define their vision and relay their message to new audiences. Read more about our past work and reach out to us for collaboration at www.anticaproductions.com.
About Chegg
Millions of people all around the world Learn with Chegg. Our mission is to improve learning and learning outcomes by putting students first. We support life-long learners starting with their academic journey and extending into their careers. The Chegg platform provides products and services to support learners to help them better understand their academic course materials, and also provides personal and professional development skills training, to help them achieve their learning goals. Chegg is a publicly held company based in Santa Clara, California and trades on the NYSE under the symbol CHGG. For more information, visit www.chegg.com.
Press Contact: Stuart Coxe, President
Email: business@anticaproductions.com
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SOURCE Antica Productions
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https://www.whsv.com/prnewswire/2022/04/25/antica-releases-higher-ed-spotlight-new-podcast/
| 2022-04-25T20:21:22Z
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AUSTIN, Texas, April 25, 2022 /PRNewswire/ -- Entrepreneurs Grant Mitterlehner and Brendon Kelley have already made a huge mark in business over the last few years. Together they are forming a new startup, building security tailored for crypto, NFT, and metaverse companies. Mitterlehner and Kelley, co-founders of CryptoArmor, are bringing runtime protection that can prevent breaches and ransomware in real-time, the industry's first crypto runtime protection software.
Kelley is the founder of RRcybersec, a cybersecurity firm in Austin. He's also the Co-author of Tribe of Hackers Blue Team. He led cybersecurity efforts for Patientco through its acquisition to Waystar. Previously he was a part of Bazaarvoice, where he built security tools for a team of forty plus distributed teams. Kelley, Co-founder of CryptoArmor, says he is confident they're building a need for the market, "We're trying to prevent the headlines you see today with daily crypto breach headlines. We're building security that actually works."
Mitterlehner is the CEO of MittGroup, which is one of the fastest growing solar companies in the nation. MittGroup recently was listed as the #1 Best Place to Work by the Houston Business Journal. Then at the end of 2020, Mitterlehner founded Mitt Blockchain, which is a crypto mining company that focuses on Bitcoin and Ethereum mining. Mitterlehner is a regular on Cavuto Coast to Coast on Fox Business where he discusses the crypto industry multiple times a month.
The two noticed a huge lack of cybersecurity effort in the crypto space. Just last week nearly $600 million in Ethereum was stolen from NFT Gaming Blockchain. Mitterlehner & Kelley believe that crypto security is key for the industry's future. They believe that it is essential for investors to be protected from hackers and criminals so the industry will continue to grow.
CryptoArmor specializes in cybersecurity protection for NFT projects, crypto miners, wallets, exchanges and more. Their goal is to give crypto investors and companies an opportunity to protect their assets and customers. CryptoArmor's services include crypto runtime protection, privacy & compliance, vCISO, penetration tests, and more. For more information on CryptoArmor, visit CryptoArmor.net
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https://www.whsv.com/prnewswire/2022/04/25/austin-entrepreneurs-launch-new-crypto-cybersecurity-startup-cryptoarmor/
| 2022-04-25T20:21:30Z
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FORT WORTH, Texas, April 25, 2022 /PRNewswire/ -- AZZ Inc. ("AZZ" or the "Company") (NYSE: AZZ), a global provider of galvanizing and metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services for maintaining and building critical infrastructure today announced that the Company is launching the syndication of a new 7-year $1.3 billion First Lien Senior Term Loan ("2022 Term Loan B").
The 2022 Term Loan B, along with a new 5-year $400 million pari passu First Lien Revolving Credit Facility ("Revolver") and a proposed $240 million investment by funds managed by Blackstone's (NYSE: BX) Tactical Opportunities business ("Blackstone"), will be used to refinance the Company's existing debt structure and to fund the purchase of Sequa's Precoat Metals business division ("Precoat" or the "Transaction") for a purchase price of approximately $1.28 billion as previously announced on March 7, 2022.
The 2022 Term Loan B and the Blackstone investment are contingent upon the closing of Precoat acquisition. The 2022 Term Loan B and the Revolver will be guaranteed by AZZ Inc.'s existing and future material wholly-owned domestic subsidiaries. The proposed Blackstone investment will be junior to the 2022 Term Loan B, the Revolver and the Company's other indebtedness and is expected to be convertible into shares of AZZ's common stock. The final terms and amounts of the 2022 Term Loan B, the Revolver and the proposed Blackstone investment are subject to market and other conditions and may be materially different than expectations. The proposed Blackstone investment is also subject to the negotiation and execution of definitive documentation mutually acceptable to the Company and Blackstone.
About AZZ Inc.
AZZ Inc. is a global provider of galvanizing and a variety of metal coating solutions, welding solutions, specialty electrical equipment and highly engineered services to a broad range of markets, including, but not limited to, the power generation, transmission, distribution, refining and industrial markets. AZZ's Metal Coatings segment is a leading provider of metal finishing solutions for corrosion protection, including hot-dip galvanizing, spin galvanizing, powder coating, anodizing and plating, to the North American steel fabrication industry. AZZ's Infrastructure Solutions segment is dedicated to delivering safe and reliable transmission of power from generation sources to end customers, and automated weld overlay solutions for corrosion and erosion mitigation to critical infrastructure in the energy and waste management markets worldwide.
Safe Harbor Statement
Certain statements herein about our expectations of future events or results constitute forward-looking statements for purposes of the safe harbor provisions of The Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by terminology such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "potential," "continue," or the negative of these terms or other comparable terminology. Such forward-looking statements are based on currently available competitive, financial and economic data and management's views and assumptions regarding future events. Such forward-looking statements are inherently uncertain, and investors must recognize that actual results may differ from those expressed or implied in the forward-looking statements. Certain factors could affect the outcome of the matters described herein. This press release may contain forward-looking statements that involve risks and uncertainties including, but not limited to, changes in customer demand for our products and services, including demand by the power generation markets, electrical transmission and distribution markets, the industrial markets, and the metal coatings markets. In addition, within each of the markets we serve, our customers and our operations could potentially continue to be adversely impacted by the ongoing COVID-19 pandemic, including governmental issued mandates regarding the same. We could also experience additional increases in labor costs, components and raw materials, including zinc and natural gas, which are used in our hot dip galvanizing process; supply-chain vendor delays; customer requested delays of our products or services; delays in additional acquisition or disposition opportunities; currency exchange rates; availability of experienced management and employees to implement AZZ's growth strategy; a downturn in market conditions in any industry relating to the products we inventory or sell or the services that we provide; economic volatility or changes in the political stability in the United States and other foreign markets in which we operate; acts of war or terrorism inside the United States or abroad; and other changes in economic and financial conditions. AZZ has provided additional information regarding risks associated with the business in AZZ's Annual Report on Form 10-K for the fiscal year ended February 28, 2022 and other filings with the Securities and Exchange Commission ("SEC"), available for viewing on AZZ's website at www.azz.com and on the SEC's website at www.sec.gov. You are urged to consider these factors carefully in evaluating the forward-looking statements herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by this cautionary statement. These statements are based on information as of the date hereof and AZZ assumes no obligation to update any forward-looking statements, whether as a result of new information, future events, or otherwise.
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| 2022-04-25T20:21:36Z
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Nuclear industry leader signs 12 Polish companies to MOU for future work
WARSAW, Poland, April 25, 2022 /PRNewswire/ -- Bechtel, a trusted leader in engineering, construction, and project management, today signed Memoranda of Understanding with 12 Polish companies for the potential development of two new civil nuclear power plants as that nation seeks to transition to cleaner energy sources while retaining its independence. The MOUs were signed during a ceremony at the U.S. ambassador's residence in Warsaw.
The companies provide services ranging from earthwork and infrastructure construction to concrete, tunnelling, electrical installations, and heavy cranes.
"Construction of these power plants would require Polish expertise and thousands of skilled, Polish workers," said Ahmet Tokpinar, general manager of Bechtel's Nuclear Power business line. "As the EPC partner for these projects, Bechtel intends to join with a large number of Polish companies as key members of our subcontracting team. Now is the time to identify these future partners in the supply chain."
U.S. Ambassador to Poland Mark Brzezinski said, "This signals another important step forward in a project that will bring our countries even closer together over a 100-year partnership. The U.S. Embassy in Poland is pleased to support Bechtel and Westinghouse as they select local Polish suppliers for this strategic project."
Bechtel and Westinghouse Electric Company are jointly preparing a front-end engineering design for the government's consideration for a three-reactor plant on the Baltic Sea coast. The plant, using Westinghouse AP1000 reactors, would be Poland's first civil nuclear power plant.
The first 12 companies signing the MOUs include some of Poland's largest and leading firms in heavy construction and engineering:
- BAKS – Electrical cable route manufacturing.
- Budimex - General contractor in infrastructure sectors: road, rail, airport; building construction, energy, industrial and environmental.
- Doraco – General contractor, construction, tunnelling, and assembly.
- Energoprojekt – Katowice SA – Engineering for power, chemical, petrochemical, and industrial installations.
- Hitachi Energy Poland – Manufacture of transformers, high voltage products, enterprise software, and substation automation systems
- ILF – Engineering of industrial and infrastructure projects
- KB Pomorze – Engineering, procurement, construction of refineries, petrochemical plants, handling and storage terminals
- Mostostal Warzsawa – General contractor across all sectors
- Polimex Mostostal – General contractor and engineering in the energy, petrochemical, and environmental protection sectors.
- Protea Group – Cranes, lifting, and handling equipment
- Vistal Gdynia S.A. – Stell fabrication and module assembly
- Zarmen – Electrical installations, manufacture of power equipment
More agreements will follow in the future.
Bechtel and Westinghouse bring hands-on expertise to nuclear construction. Bechtel has built or serviced more than 80 reactors in the U.S. and 150 worldwide in all major designs. Bechtel is currently completing construction of the only nuclear power plant expansion underway in the United States, at Plant Vogtle in the state of Georgia. That two-unit expansion also employs Westinghouse AP1000 reactors.
Bechtel is a trusted engineering, construction and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.
Bechtel serves the Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals markets. Our services span from initial planning and investment, through start-up and operations. www.Bechtel.com
Fred deSousa
tfdesous@bechtel.com
tel. +1 703-429-6435
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| 2022-04-25T20:21:42Z
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BOWLING GREEN, Ky., April 25, 2022 /PRNewswire/ -- C5 Youth Foundation of Southern California (C5LA) earned top honors at the national Kids Tech Summit held Friday, April 22. The friendly competition was hosted by national nonprofit Connected Nation (CN) and sponsored by AT&T's Connected Learning program.
The virtual event featured competitors from four student teams that represented nonprofits from across the country—spanning from New Jersey to Hawai'i. The student teams were challenged to find ways to use technology and their digital skills to create a project that helps others in their communities while narrowing the Digital Divide.
"We wanted those taking part to look at ways to enhance their out-of-the-classroom digital learning while also focusing on community service," said Heather Gate, Vice President, Digital Inclusion, CN. "The hope is that these projects will help students grow their digital skills in new ways, while also providing a strong foundation for creating positive and proactive change within their own communities."
The teams had to first earn their spot in the finals—submitting applications earlier this year to take part. All final four teams to take part in the Kids Tech Summit earned prize money to help make their projects a reality. This is how the judges placed the competitors:
- C5 Youth Foundation of Southern California located in Los Angeles, CA - $7,500
- Pi515 located in Des Moines, Iowa - $5,000
- Computers 4 People located in Hoboken, New Jersey - $3,500
- Kahauiki Village located in Honolulu, Hawai'i - $2,000
C5LA provides students with support and guidance through high school and into their first college years. The program requires a high level of commitment from students — even requiring them to attend summer and weekend programs. The organization's community project is focused on introducing STEM to younger populations.
"Our idea is to connect STEM (science, technology, engineering, and mathematics) to the interests that kids already have," Mariela Cruz-Suarez, who is a 10th grader at Abraham Lincoln High School, said about the project. "Before last summer, I didn't know what STEM was or what to craft with it. But I've since learned that, as someone who is an aspiring entrepreneur, I use STEM to actually go from coming up with the idea to creating it myself."
If you missed the competition, you can still watch it with your kids or students by heading to https://www.youtube.com/watch?v=peYFIY_YwXE. You can also learn more about all the teams taking part by heading to https://connectednation.org/kids-tech-summit/.
The Kids Tech Summit is a continuation of AT&T's $10 million commitment to helping the nation's most at-risk children. Through this commitment, AT&T and Connected Nation delivered hotspots to 150 schools and nonprofits across the country in 2021, which provided connectivity for more than 40,000 vulnerable students.
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| 2022-04-25T20:21:48Z
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The Women in Trucking Assn., Truckstop.com & Transportation Intermediaries Assn. Recognize Nicole Glenn for her Leadership & Dedication to the Logistics Industry
PIANO, Texas, April 25, 2022 /PRNewswire/ -- Candor Expedite, Inc., a transportation leader known for its ability to exceed expectations with time-sensitive shipments, announced that its founder and CEO Nicole Glenn was awarded the 8th Annual Distinguished Women in Logistics recognition by the The Women In Trucking Association (WIT), Truckstop.com and Transportation Intermediaries Association (TIA).
Nicole is truly a distinguished woman in logistics, and we are proud to recognize her for this honor," said Ellen Voie, president and CEO, WIT. "She has demonstrated remarkable business growth at the helm of Candor Expedite and we look forward to her continued success in the coming years."
Ms. Glenn founded Candor Expedite in 2017 after 20+ years in the transportation brokerage business, with a vision to turn manufacturers into supply chain heroes by equipping them with fast, effective and sustainable solutions for time sensitive shipments; powered by an experienced team and trustworthy carrier network. Today, Candor is recognized as a leading certified women-owned business headquartered in Texas – with offices in Illinois and Kansas.
"This award is more than a trophy -- it's a commitment, Ms. Glenn said. "It is hopefully inspiring other people to potentially become a truck driver, or a woman to ask for that next promotion, or an innovator to come up with the next disruptor that changes the way we do business tomorrow," she added.
"TIA was again impressed with the caliber of candidates for the Distinguished Women in Logistics Award. The four finalists reflect the best attributes of the 3PL professional: competence, pragmatism, and commitment to serving customers in the right way," said Anne Reinke, president and CEO, TIA. "Nicole Glenn has all of those attributes, plus a history of persevering and succeeding through adversity. We are fortunate to have these women in the logistics profession."
Ms. Glenn has received numerous accolades including being named one of the Top Women-Owned Businesses by WIT, and a 2021 Enterprising Women of the Year Champion, an annual tribute to the world's top female entrepreneurs. Additionally, she is one of the founders of The Ladies Leadership Coalition (LLC), an exciting new podcast featuring candid conversations about women in logistics and supply chain.
For more information visit Candor Expedite's website at www.candorexp.com.
MEDIA INQUIRIES:
Linda Rigano
lindarigano@gmail.com 914.815.0396
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| 2022-04-25T20:21:58Z
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Increasing global production of electronics, appliances, machinery, transport equipment to drive orders
CLEVELAND, April 25, 2022 /PRNewswire/ -- US shipments of semiconductors are forecast to increase 6.7% per year in nominal terms through 2026, according to Semiconductors: United States, a report recently released by Freedonia Focus Reports. Suppliers will benefit from growing global production of electronics, appliances, machinery, and transportation equipment. Value gains well into the forecast period will be supported by capacity expansions – which have long lead times – driven by present undersupply of the market. In addition, continued growth in the incorporation of semiconductors in myriad products will stimulate orders. However, competition from foreign semiconductor producers, primarily in Asia, will limit faster growth. Contributing to this trend are US-headquartered semiconductor design firms that operate under a fabless business model and contract with foundries located in Asia.
Shipments are projected to rise 6.4% in 2022. Capacity expansions, new product introductions, and a return to normal following the fab shutdowns related to the 2021 Texas ice storm will support gains.
These and other key insights are featured in Semiconductors: United States. This report forecasts to 2022 and 2026 US semiconductor shipments in nominal US dollars at the manufacturer level. Total shipments are segmented by product in terms of:
- integrated circuit packages
- transistors
- diodes and rectifiers
- other semiconductor products such as light-emitting diodes (LEDs), photovoltaic (PV) cells, and wafers
To illustrate historical trends, total shipments, the various segments and trade are provided in annual series from 2011 to 2021.
Re-exports of semiconductors are excluded from trade figures.
More information about the report is available at:
https://www.freedoniafocusreports.com/Semiconductors-United-States-FF80023/?progid=91541
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Industrials reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com
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| 2022-04-25T20:22:05Z
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LOS ANGELES, April 25, 2022 /PRNewswire/ -- Coretrust Capital Partners has achieved carbon neutrality across its 2.5 million square foot office building portfolio, further reinforcing its leadership in ESG. Coretrust has implemented a comprehensive carbon reduction strategy at its properties including FourFortyFour S. Flower in downtown Los Angeles, Two Liberty Place in Center City Philadelphia, and PASARROYO office campus in Pasadena, CA.
Over the past four years, the company has dramatically reduced its carbon footprint through major capital investments in infrastructure at all its properties including topline upgrades of HVAC, lighting retrofits, elevator modernizations, comprehensive operational updates, and state-of-the-art air quality and filtration technologies.
To close the remaining carbon gap, Coretrust is voluntarily offsetting scope 1 and 2 emissions through Renewable Energy Credits and Carbon Offsets, according to John Sischo, co-founder and managing principal of Coretrust.
Scope 1 emissions are direct onsite emissions and scope 2 emissions are indirect emissions, generated offsite at the utilities that provide energy to a property.
"In alignment with our company values, we are holding ourselves financially accountable for our environmental footprint by benchmarking, reducing, disclosing, and closing our carbon gap to achieve carbon neutrality," Sischo says. "By assigning a dollar value to the indirect environmental and social impacts associated with building operations, we are financially supporting renewable energy markets and the development of carbon sequestration technology."
Sischo continues, "Achieving carbon neutrality in our buildings is a major step toward the goal of providing our tenants and investors with environmentally responsible workplaces and investments.
"Sustainability has been a core principle of Coretrust since our founding and dates back to the late 1990s when our team developed the 950,000-square-foot California Environmental Protection Agency headquarters in Sacramento. For seven years, the CalEPA Headquarters held the distinction as the world's first LEED Platinum high-rise building," notes Sischo. "The CalEPA Headquarters set new environmental standards for office buildings and today Coretrust properties are similarly leading the way in sustainability, carbon neutrality, and tenant health and safety.
"Implementing up-to-date energy efficient infrastructure and rigorous operational practices significantly reduced the cost of acquiring carbon offsets and achieving carbon neutrality," he points out.
Coretrust is acknowledged as an industry leader by several reputable third-party organizations for its smart, sustainable, and safe workplace environments. Its portfolio has received the first-ever UL Healthy Building Marks for Indoor Air and Water Quality globally, the first commercial real estate GBAC Star certifications from ISSA, and WELL Building Institute's Health and Safety Certification. In addition, Coretrust office properties have earned LEED Gold Certification from the U.S. Green Building Council and Energy Star Certification from the U.S. Department of Energy.
Coretrust recognizes that investing in ESG, carbon neutrality, and health and wellness to reposition its large office properties yields substantial return on investment in the form of reduced operating costs, risk mitigation, greater tenant attraction and retention, and higher investor confidence, reports Sischo.
About Coretrust Capital Partners
Coretrust Capital Partners, LLC ("Coretrust") is a privately owned national real estate investment, development, and management/operating company. Coretrust is nationally recognized for the development and redevelopment of well-located and architecturally distinct office properties. Over their 30 years working together, the Coretrust founders have become known for creating value for investors through their ability to provide tenants market leading office environments with exceptional design, amenities, sustainability, and wellness. Coretrust is a Registered Investment Advisor providing fiduciary investment management services to institutional clients in both co-investment and separate accounts. Coretrust maintains offices in Los Angeles, Philadelphia, and Dallas. For more information, visit www.coretrustcapital.com
CONTACT:
Barbara Casey
bcasey@caseysayre.com
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| 2022-04-25T20:22:12Z
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SILVER SPRING, Md., April 25, 2022 /PRNewswire/ -- Today, the U.S. Food and Drug Administration expanded the approval of the COVID-19 treatment Veklury (remdesivir) to include pediatric patients 28 days of age and older weighing at least 3 kilograms (about 7 pounds) with positive results of direct SARS-CoV-2 viral testing, who are:
- Hospitalized, or
- Not hospitalized and have mild-to-moderate COVID-19 and are at high risk for progression to severe COVID-19, including hospitalization or death.
This action makes Veklury the first approved COVID-19 treatment for children less than 12 years of age. As a result of today's approval action, the agency also revoked the emergency use authorization for Veklury that previously covered this pediatric population.
Before now, Veklury was only approved to treat certain adults and pediatric patients (12 years of age and older who weigh at least 40 kilograms, which is about 88 pounds) with COVID-19.
"As COVID-19 can cause severe illness in children, some of whom do not currently have a vaccination option, there continues to be a need for safe and effective COVID-19 treatment options for this population," said Patrizia Cavazzoni, M.D., director of the FDA's Center for Drug Evaluation and Research. "Today's approval of the first COVID-19 therapeutic for this population demonstrates the agency's commitment to that need."
Veklury is not a substitute for vaccination in individuals for whom COVID-19 vaccination and booster doses are recommended. The FDA has approved two vaccines, and three vaccines are available for emergency use, to prevent COVID-19 and the serious clinical outcomes associated with COVID-19, including hospitalization and death. The FDA urges the public to get vaccinated and receive a booster when eligible. Learn more about FDA-approved and authorized COVID-19 vaccines.
Given the similar course of COVID-19 disease in adults and pediatric patients, today's approval of Veklury in certain pediatric patients is supported by efficacy results from phase 3 clinical trials in adults. Information on the trials in adults can be found in the FDA-approved drug labeling for Veklury. This approval is also supported by a phase 2/3, single-arm, open-label clinical study of 53 pediatric patients at least 28 days of age and weighing at least 3 kilograms (about 7 pounds) with confirmed SARS-CoV-2 infection and mild, moderate or severe COVID-19. Patients in this pediatric phase 2/3 trial received Veklury for up to 10 days. The safety and pharmacokinetic results from the phase 2/3 study in pediatric subjects were similar to those in adults.
The only approved dosage form is Veklury for injection.
Possible side effects of using Veklury include increased levels of liver enzymes, which may be a sign of liver injury; and allergic reactions, which may include changes in blood pressure and heart rate, low blood oxygen level, fever, shortness of breath, wheezing, swelling (e.g., lips, around eyes, under the skin), rash, nausea, sweating or shivering.
The FDA granted approval to Gilead Sciences Inc.
Additional Resources:
Media Contact: FDA Office of Media Affairs, 301-796-4540
Consumer Inquiries: Email or 888-INFO-FDA (888-463-0332)
The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation's food supply, cosmetics, dietary supplements, products that give off electronic radiation, and for regulating tobacco products.
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| 2022-04-25T20:22:22Z
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WASHINGTON, April 25, 2022 /PRNewswire/ -- NASA will provide coverage of the upcoming prelaunch and launch activities for the agency's SpaceX Crew-4 mission, which will send astronauts to the International Space Station.
The launch is targeted for 3:52 a.m. EDT on Wednesday, April 27, from Launch Complex 39A at NASA's Kennedy Space Center in Florida. The Dragon spacecraft, dubbed Freedom by the mission's crew, is scheduled to dock to the space station at 8:15 p.m. EDT on Wednesday, April 27.
Prelaunch activities, launch, and docking will air live on NASA Television, the NASA app, and the agency's website.
The Crew-4 flight will carry Mission Commander Kjell Lindgren, Pilot Bob Hines, and Mission Specialist Jessica Watkins, all NASA astronauts, and Mission Specialist Samantha Cristoforetti of ESA (European Space Agency).
The mission is the fourth crew rotation to fly on a SpaceX Crew Dragon spacecraft and Falcon 9 rocket, and the fifth SpaceX flight with NASA astronauts – including the Demo-2 test flight in 2020 to the space station – as part of the agency's Commercial Crew Program.
All media participation in the following news conferences will be remote except where specifically listed below. The deadline has passed for media accreditation for in-person coverage of this launch. More information about media accreditation is available by emailing: ksc-media-accreditat@mail.nasa.gov.
NASA's SpaceX Crew-4 mission coverage is as follows (all times Eastern):
Tuesday, April 26
7 a.m. (approximately) – Prelaunch news teleconference at Kennedy (no earlier than one hour after completion of the launch readiness review) with the following participants:
- Steve Stich, manager, Commercial Crew Program, NASA Kennedy
- Joel Montalbano, manager, International Space Station Program, NASA Johnson
- Zeb Scoville, chief flight director, Flight Operations Directorate, NASA Johnson
- Jessica Jensen, vice president, customer operations and integration, SpaceX
- Josef Aschbacher, director general, ESA
- Arlena Moses, launch weather officer, U.S. Space Force 45th Weather Squadron
Media may ask questions via phone only. For the dial-in number and passcode, please contact the Kennedy newsroom no later than 6 a.m. on April 26 at: ksc-newsroom@mail.nasa.gov.
9 a.m. – NASA administrator media briefing on NASA TV with the following participants:
- Bill Nelson, NASA administrator
- Bob Cabana, NASA associate administrator
- Kathryn Lueders, associate administrator, Space Operations Mission Directorate, NASA Headquarters in Washington
- Josef Aschbacher, director general, ESA
- Heidi Parris, associate program scientist for the International Space Station Program, NASA Johnson
Media may ask questions in-person and via phone. Limited auditorium space will be available for in-person participation. For the dial-in number and passcode, please contact the Kennedy newsroom no later than 8 a.m. on Tuesday, April 26, at: ksc-newsroom@mail.nasa.gov.
Wednesday, April 27
12 a.m. – NASA Television mission commentary coverage begins
3:52 a.m. – Launch
5:30 a.m. (approximately) - Postlaunch news conference
- Bill Nelson, NASA administrator
- Kathryn Lueders, associate administrator, Space Operations Mission Directorate, NASA Headquarters
- Steve Stich, manager, Commercial Crew Program, NASA's Johnson Space Center in Houston
- Joel Montalbano, manager, International Space Station Program, NASA Johnson
- Jessica Jensen, vice president, customer operations and integration, SpaceX
- Josef Aschbacher, director general, ESA
Media may ask questions in-person and via phone. Limited auditorium space will be available for in-person participation. For the dial-in number and passcode, please contact the Kennedy newsroom no later than 4:30 a.m. on Wednesday, April 27, at: ksc-newsroom@mail.nasa.gov.
8:15 p.m. (approximately) – Docking
9:45 p.m. (approximately) – Hatch Opening
Thursday, April 28
2:40 a.m. (approximately) – Welcome Ceremony from the International Space Station
NASA TV Launch Coverage
NASA TV live coverage will begin at 12 a.m. on Wednesday, April 27. For NASA TV downlink information, schedules, and links to streaming video, visit:
Audio only of the news conferences and launch coverage will be carried on the NASA "V" circuits, which may be accessed by dialing 321-867-1220, -1240, -1260 or -7135. On launch day, "mission audio," countdown activities without NASA TV launch commentary, will be carried on 321-867-7135. A "clean feed" of the launch without NASA TV commentary will be carried on the NASA TV media channel.
NASA Website Launch Coverage
Launch day coverage of NASA's SpaceX Crew-4 mission will be available on the agency's website. Coverage will include live streaming and blog updates beginning no earlier than 12 a.m. on Wednesday, April 27, as the countdown milestones occur. On-demand streaming video and photos of the launch will be available shortly after liftoff. For questions about countdown coverage, contact the Kennedy newsroom at 321-867-2468. Follow countdown coverage on our launch blog at:
https://blogs.nasa.gov/commercialcrew
Launch also will be available on local amateur VHF radio frequency 146.940 MHz and UHF radio frequency 444.925 MHz, FM mode, heard within Brevard County on the Space Coast.
Attend the launch virtually
Members of the public can register to attend this launch virtually. NASA's virtual guest program for this mission also includes curated launch resources, notifications about related opportunities or changes, and a stamp for the NASA virtual guest passport following a successful launch.
Watch and engage on social media
Let people know you're following the mission on Twitter, Facebook, and Instagram by using the hashtags #Dragon and #NASASocial. You can also stay connected by following and tagging these accounts:
Twitter: @NASA, @NASAKennedy, @NASASocial, @Space_Station, @ISS_Research, @ISS National Lab, @SpaceX
Facebook: NASA, NASAKennedy, ISS, ISS National Lab
Instagram: @NASA, @NASAKennedy, @ISS, @ISSNationalLab, @SpaceX
Did you know NASA has a Spanish section called NASA en Espanol? Make sure to check out NASA en Espanol on Twitter, Instagram, Facebook and YouTube for more coverage on Crew-4.
Para obtener información sobre cobertura en español en el Centro Espacial Kennedy o si desea solicitar entrevistas en español, comuníquese con Antonia Jaramillo 321-501-8425 antonia.jaramillobotero@nasa.gov.
NASA will provide a live video feed of Launch Complex 39A beginning Monday morning. Pending unlikely technical issues, the feed will be uninterrupted through launch.
Once the feed is live, you will find it here:
https://youtube.com/kscnewsroom
NASA's Commercial Crew Program has delivered on its goal of safe, reliable, and cost-effective transportation to and from the International Space Station from the United States through a partnership with American private industry. This partnership is changing the arc of human spaceflight history by opening access to low-Earth orbit and the International Space Station for more people, more science, and more commercial opportunities. The space station remains the springboard to NASA's next great leap in space exploration, including future missions to the Moon and, eventually, to Mars.
For NASA's launch blog and more information about the mission, visit:
https://www.nasa.gov/commercialcrew
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| 2022-04-25T20:22:29Z
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ConnectedTravel, Radioline, and Simplebet Change the Game with Handsfree In-Vehicle Voice Betting for Radio Sportscasts
LAS VEGAS, April 25, 2022 /PRNewswire/ -- Today, ConnectedTravel, LLC, a connected vehicle technology platform and application services developer, Radioline, a global b2b radio & podcast solutions developer, and Simplebet, the technology company reimagining the way fans engage with live sports, announced SmartRadio, a product that enables sports fans to safely place bets by voice while driving and listening to radio play-by-play broadcasts.
The companies have been developing an alternative to the traditional AM / FM broadcast radio experience, enabling drivers and passengers to instantly engage with what they hear. The product, SmartRadio, works with Google's Android Automotive system and enables drivers and passengers to transact with radio programming in real-time, including gamifying programming and making advertising shoppable, disrupting Radio's century old listen now, remember to follow-up later, CPM-based advertising business model.
Among SmartRadio's first consumer experiences will be free-to-play and real-money sports betting, leveraging Simplebet's proprietary automated operations platform. The company has developed a suite of innovative micro-betting products which enable sports fans to interact with NFL, MLB, NBA, college football and basketball games. Sports fans can safely bet while driving and listening to sportscasts in their car, compete with friends and other fans, earn points and win prizes from game sponsors.
For example, the baseball experience allows drivers and passengers to bet on each at bat or pitch in a Dodgers game, earn points for each correct bet, accumulate prizes for your winning streaks, and a grand prize for earning enough points. Points can then be redeemed for goods and services via the players mobile phone in local shops or online retailers. A configurable gaming backend allows the game rules and prizes to be customized for each sponsor's unique challenge or competition.
"As we continue to pioneer new ways for fans to engage with live sporting events, we're thrilled to partner with ConnectedTravel and Radioline for this first-of-its-kind experience," said Chris Bevilacqua, Co-Founder and CEO of Simplebet.
The legalized U.S. sports betting market doubled in 2021 with more than $52.7 billion being wagered throughout the year, according to data intelligence from Morning Consult. Online (mobile and desktop) gambling alone is set to grow to $2.2 billion, according to Techavio. The spike has come as a result of legal sports betting launching in 30 states, 18 that allow online wagering, and billions of dollars spent on marketing by gambling operators looking to attract new customers. Advertising is at an all-time high with sports betting companies like FanDuel, DraftKings, BetMGM, Caesars and Ballys spending nearly $500m in 2021 to reach sports fans.
The only business model for reaching the U.S.'s 282 million licensed drivers during the average 55 minutes per day they spend in the car is based solely upon radio's traditional advertising solutions. Drive time represents over 70% of broadcast radio listening time according to Edison Research.
"The integration of emerging technologies like Voice, Payments, and eCommerce in vehicles, unlocks drive time empowering drivers to instantly and safely interact with audio programming. Drivers can play with and buy what they hear, and engage at the moments they are most inspired. Making radio transactable will inspire a new generation of innovative in-vehicle infotainment, and measurably open the $40 billion global broadcast radio marketplace for growth," according to Bryan Biniak, CEO, of ConnectedTravel.
ConnectedTravel's SmartRadio solution is being integrated into Radioline's Android Automotive, Android Auto, and Apple CarPlay Applications. Radioline supports over 110,000 Radio Streams and Podcasts from 164 countries, in 18 different languages. The Radioline application is published cross platform including TV, Online, Mobile, Wearables, and Vehicles.
"Radioline's SmartRadio enabled application will be available for the 100m+ Android Automotive vehicles being produced by leading auto OEMs including General Motors, Ford, Stellantis, Honda, Nissan, and Volvo gamifying sportscasts and enabling sports fans around the world to participate in their games with friends and families on road trips and everyday commutes," stated Xavier Filliol, COO of Radioline.
The SmartRadio solution and in-vehicle Sports Betting are currently in consumer testing and will be available to more sports fans this fall.
Executives from ConnectedTravel, Radioline and Simplebet will be demonstrating the SmartRadio in-vehicle betting experience on a Polestar 2 this weekend at the National Association of Broadcasters annual conference in Las Vegas.
About ConnectedTravel:
Co-founded in 2016 by executives from Microsoft and DreamWorks, ConnectedTravel is a connected vehicle technology company, developing B2B application services that enable real time driver and passenger transactional infotainment and navigation services. Connected Travels portfolio of applications includes HyperDrive behavior-based insurance application developed with USAA, Dream Drive Passenger infotainment system and Drive voice commerce application developed with Honda, and BFG OnTrail a social mapping and navigation application developed with Michelin. For more information, please visit their website at https://www.connectedtravel.com/
About Radioline:
Radioline is one of a main global radio provider with +110,000 stations and podcasts on all screens, distributed by a large range of partners (telco, OEM, media portal, middleware, etc.). The service is built on a highly scalable platform with advanced features, enriched content management, massive channel aggregation and universal access via any mobile device, online PC, connected TVs, IoT and in-car digital solutions (with TDF / RadioBridge). More about Radioline: business.radioline.co
Radioline is a Baracoda Company.
About Simplebet: Co-founded in 2018 by Chris Bevilacqua, Joey Levy, and Scott Marshall, Simplebet is the technology company pioneering micro-betting and fan engagement for U.S. sports. Micro-betting introduces instant gratification to the sports betting user experience by enabling moments within sporting events to become discrete betting and engagement opportunities. For more information please visit their website at https://simplebet.io/, and follow on LinkedIn and Twitter.
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| 2022-04-25T20:22:38Z
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SAN FRANCISCO, April 25, 2022 /PRNewswire/ -- Twitter, Inc. (NYSE: TWTR) today announced that it has entered into a definitive agreement to be acquired by an entity wholly owned by Elon Musk, for $54.20 per share in cash in a transaction valued at approximately $44 billion. Upon completion of the transaction, Twitter will become a privately held company.
Under the terms of the agreement, Twitter stockholders will receive $54.20 in cash for each share of Twitter common stock that they own upon closing of the proposed transaction. The purchase price represents a 38% premium to Twitter's closing stock price on April 1, 2022, which was the last trading day before Mr. Musk disclosed his approximately 9% stake in Twitter.
Bret Taylor, Twitter's Independent Board Chair, said, "The Twitter Board conducted a thoughtful and comprehensive process to assess Elon's proposal with a deliberate focus on value, certainty, and financing. The proposed transaction will deliver a substantial cash premium, and we believe it is the best path forward for Twitter's stockholders."
Parag Agrawal, Twitter's CEO, said, "Twitter has a purpose and relevance that impacts the entire world. Deeply proud of our teams and inspired by the work that has never been more important."
"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," said Mr. Musk. "I also want to make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans. Twitter has tremendous potential – I look forward to working with the company and the community of users to unlock it."
Transaction Terms and Financing
The transaction, which has been unanimously approved by the Twitter Board of Directors, is expected to close in 2022, subject to the approval of Twitter stockholders, the receipt of applicable regulatory approvals and the satisfaction of other customary closing conditions.
Mr. Musk has secured $25.5 billion of fully committed debt and margin loan financing and is providing an approximately $21.0 billion equity commitment. There are no financing conditions to the closing of the transaction.
For further information regarding all terms and conditions contained in the definitive transaction agreement, please see Twitter's Current Report on Form 8-K, which will be filed in connection with the transaction.
First Quarter 2022 Earnings Results
Twitter plans to release its first quarter fiscal year 2022 results before market open on April 28, 2022. In light of the pending transaction announced today, Twitter will not hold a corresponding conference call.
Advisors
Goldman Sachs & Co. LLC, J.P. Morgan, and Allen & Co. are serving as financial advisors to Twitter, and Wilson Sonsini Goodrich & Rosati, Professional Corporation and Simpson Thacher & Bartlett LLP are serving as legal counsel. Morgan Stanley is acting as lead financial advisor to Mr. Musk. BofA Securities and Barclays are also acting as financial advisors. Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel.
About Twitter, Inc. (NYSE: TWTR)
Twitter is what's happening and what people are talking about right now. To learn more, visit about.twitter.com and follow @Twitter. Let's talk.
Additional Information and Where to Find It
Twitter, its directors and certain executive officers are participants in the solicitation of proxies from stockholders in connection with the pending acquisition of Twitter (the "Transaction"). Twitter plans to file a proxy statement (the "Transaction Proxy Statement") with the Securities and Exchange Commission (the "SEC") in connection with the solicitation of proxies to approve the Transaction. Additional information regarding such participants, including their direct or indirect interests, by security holdings or otherwise, will be included in the Transaction Proxy Statement and other relevant documents to be filed with the SEC in connection with the Transaction. Information relating to the foregoing can also be found in Twitter's definitive proxy statement for its 2022 Annual Meeting of Stockholders (the "2022 Proxy Statement"), which was filed with the SEC on April 12, 2022. To the extent that holdings of Twitter's securities have changed since the amounts printed in the 2022 Proxy Statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Promptly after filing the definitive Transaction Proxy Statement with the SEC, Twitter will mail the definitive Transaction Proxy Statement and a WHITE proxy card to each stockholder entitled to vote at the special meeting to consider the Transaction. STOCKHOLDERS ARE URGED TO READ THE TRANSACTION PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT TWITTER WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain, free of charge, the preliminary and definitive versions of the Transaction Proxy Statement, any amendments or supplements thereto, and any other relevant documents filed by Twitter with the SEC in connection with the Transaction at the SEC's website (http://www.sec.gov). Copies of Twitter's definitive Transaction Proxy Statement, any amendments or supplements thereto, and any other relevant documents filed by Twitter with the SEC in connection with the Transaction will also be available, free of charge, at Twitter's investor relations website (https://investor.twitterinc.com) or by writing to Twitter, Inc., Attention: Investor Relations, 1355 Market Street, Suite 900, San Francisco, California 94103.
Forward-Looking Statements
This communication contains forward-looking statements that involve risks and uncertainties, including statements regarding: the Transaction, including the expected timing of the closing of the Transaction; considerations taken into account by Twitter's Board of Directors in approving the Transaction; and expectations for Twitter following the closing of the Transaction. If any of these risks or uncertainties materialize, or if any of Twitter's assumptions prove incorrect, Twitter's actual results could differ materially from the results expressed or implied by these forward-looking statements. Additional risks and uncertainties include those associated with: the possibility that the conditions to the closing of the Transaction are not satisfied, including the risk that required approvals from Twitter's stockholders for the Transaction or required regulatory approvals to consummate the Transaction are not obtained; potential litigation relating to the Transaction; uncertainties as to the timing of the consummation of the Transaction; the ability of each party to consummate the Transaction; possible disruption related to the Transaction to Twitter's current plans and operations, including through the loss of customers and employees; and other risks and uncertainties detailed in the periodic reports that Twitter files with the SEC, including Twitter's Annual Report on Form 10-K filed with the SEC on February 16, 2022, which may be obtained on the investor relations section of Twitter's website (https://investor.twitterinc.com). All forward-looking statements in this communication are based on information available to Twitter as of the date of this communication, and Twitter does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.
Contacts
Investors:
ir@twitter.com
Press:
press@twitter.com
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| 2022-04-25T20:22:47Z
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NORTH KINGSTOWN, R.I., April 25, 2022 /PRNewswire/ -- Effective immediately, Roxanne Nelson has been appointed as Chief People Officer of Falvey Insurance Group. Roxanne is the first female member of the C-Suite in this brand-new role to the organization.
Roxanne first began at Falvey over 22 years ago in an underwriting support role. Over the course of her tenure, she developed a deep familiarity with the Falvey culture and staff, which led to a transition to the People Operations department. Roxanne served in that role for 6+ years prior to her current promotion.
Mike Falvey, President and CEO of Falvey, explains, "Roxanne has been with Falvey for over 20 years and has been an integral part of the company's ascension. Most recently, she has supported the rapid hiring process as Falvey continues to grow. We are fortunate to welcome Roxanne to the C-team at Falvey."
Nelson comments, "I am extremely humbled and honored to be promoted to Falvey Insurance Group's C-team. Throughout my time here at Falvey, I have always been proud of the work that we do and the people that we work with. Our culture sets Falvey apart from other companies, and I am very excited to continue cultivating that culture and growing our talent in my new role."
Nelson will join the existing executive team at Falvey: Jack Falvey, Chief Operating Officer, Daryl McKay, Chief Relationship Officer, Mike McKenna, Chief Underwriting Officer, Mike Edwards, Chief Financial Officer, and Mike Falvey, Chief Executive Officer and President of the Group.
About Falvey Insurance Group
Falvey Insurance Group began as a single division, Falvey Cargo Underwriting, opening its first office in 1995 in Wakefield, RI by the company's founder: Mike Falvey. After 25 years, the company has evolved into Falvey Insurance Group, comprising four divisions: Falvey Cargo Underwriting, Falvey Shippers Insurance, Safe Harbor Pollution Insurance, and Falvey Insurance Services. "The Specialized Insurance Experts" are known for flexibility, World-Class customer service , claims processing excellence, and comprehensive knowledge and expertise that is unparalleled in the insurance industry. Falvey was also named Insurance Insider's MGA of the Year in 2020.
Media Contact:
Megan Bell
(401) 214-5600
mbell@falveyinsurancegroup.com
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| 2022-04-25T20:22:55Z
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The wine company's new brand campaign evokes humor and relatability to resonate with wine drinkers who desire an easier way to find bottles they'll love without the guesswork.
NAPA VALLEY, Calif., April 25, 2022 /PRNewswire/ -- Firstleaf, America's most personalized wine company, curating world-class wines tailored to individual tastes, has launched its latest campaign, "Wine Made Simple."
Developed in partnership with Firstleaf's new creative agency, GALE, and directed by The DADS of Alpen Pictures, the campaign features a couple navigating an all-too-familiar wine journey that is cleverly rooted in consumer truths. Faced with endless choices and confusing jargon, the couple struggles to find a wine they like. Infusing humor and personality, the Firstleaf guide who accompanies the couple on their journey points out a common sentiment, "It feels like you need a degree in grapes to find wines you'll love."
"If you've ever surveyed the "Great Wall of Wine" in a retail store and sheepishly picked the $20 bottle because of the standout label, you're not alone," said Patty Montagno, VP of Brand and Creative at Firstleaf.
With nearly 65,000 wine producers worldwide, more than 10,000 grape varieties, and labels that don't tell you anything about what the wine will taste like, it's no wonder people are so confused when it comes to buying wine. The bizarre tasting notes, esoteric language like "carbonic maceration," and the fact that a wine you like one year can taste very different the next, only adds to the confusion.
These truths are the very premise on which Firstleaf was built. Founder and CEO, Philip James, sought to enhance the joy of wine exploration by making it easy for all wine drinkers to find bottles they love without the guesswork.
Wine is one of the most complex and fragmented consumer products in the world. Given the number of compounds contributing to flavors, aromas, structures, vintages, terroirs, vineyards and more, it has nearly infinite variety. When you couple that endless complexity with our different palates, choosing the right wine is anything but easy. That's where Firstleaf comes in.
"In an industry that makes it intimidating to explore for fear of choosing wrong or being disappointed, the tonality and relatability of the spot draws you in, makes you laugh, and positions Firstleaf as the hero who helps simplify a complex process," said Montagno. "Breaking Firstleaf from the sea of category sameness, it also sends the message that not only should wine be personal, you shouldn't need a degree in grapes to find a good bottle."
Recognized on Fast Company's prestigious annual list of the World's Most Innovative Companies, Firstleaf is pioneering personalization in the wine industry. Firstleaf analyzes 3 million data points to select bottle curations for each individual shipment. Once customers take the quiz and rate their first 3 bottles, Firstleaf can predict which wines they will love, resulting in a 96% approval rating of bottles received. With new wine in every box, tailored to each person's unique taste, Firstleaf removes the "hit or miss" but leaves the adventure of finding new favorites.
For more information on Firstleaf, visit www.firstleaf.com.
About Firstleaf
America's most personalized wine company, Firstleaf uses millions of data points to produce and curate each shipment of award-winning wine from around the world so that members can explore new bottles and discover new favorites tailored to their taste. Founded by Philip James, a wine industry veteran and Oxford-educated chemist, the subscription service unites the art and science of wine. Firstleaf brings together proprietary technology, expert winemakers and a WSET-certified concierge team, to build a unique Wine Profile for each member and curate each shipment individually. With no preset packs or boxes, Firstleaf has over 82 million combinations of wines possible and 98% of its monthly boxes are unique. Named 2021 Wine Company of the Year in the Winemaker Challenge International Wine Competition, Firstleaf's wines have won over 2,000 awards with more than 300 bottles scoring over 90 points. Its team of winemakers sample over 10,000 wines each year across 5 continents and 12 countries to select only the finest bottles. With a 96% approval rate of the world-class wines chosen for their 140,000 club members, Firstleaf's deep understanding of winemaking and technology ensures the perfect selection for beginners to experts. For more information, please visit www.firstleaf.com.
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| 2022-04-25T20:23:02Z
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The 747 fuselage was used for several years as a nightclub and daytime lounge at Burning Man Festival
LAS VEGAS, April 25, 2022 /PRNewswire/ -- In collaboration with AREA15, the immersive art, event and entertainment district in Las Vegas, Fisher Brothers, a fourth-generation real estate owner and operator with significant holdings in Las Vegas, today announced its acquisition of a Boeing 747 jumbo jet. The iconic structure was recently constructed as a large-scale art installation for Burning Man festival by artist Ken Feldman of Big Imagination. When it appeared in the Black Rock desert in 2016 it was widely regarded as one of the most ambitious art installations ever due to the sheer size and scope of the structure. High-res images can be accessed here (credit Melanie McClenahan).
Consistent with the bold and creative character of AREA15, Fisher Brothers' first foray into Las Vegas art and culture, the 747 jet will deliver an exciting and unique adaptive reuse asset to the experiential art and entertainment district. When fully assembled on site, the jet will be an eye-popping 150 feet long and 60 feet wide, an instant landmark in Las Vegas visible for miles.
"We are incredibly excited about the immeasurable creative opportunities that come with repurposing this 747 jet. The possibilities of what we can accomplish with this purchase are endless, and we look forward to sharing more as our vision takes shape," said Winston Fisher, Partner, Fisher Brothers and Chief Executive Officer, AREA15. "The acquisition and remodeling of this plane closely follows our mission at AREA15 of building an emotional connection for visitors through art, entertainment, and experiences."
The aircraft, which once served as a passenger jet in Brazil, will soon serve as Las Vegas' newest must-see destination. Visionary Tony Hsieh, who invested $350m into Downtown Las Vegas, was the first to bring large-scale Burning Man art into the city. This has inspired others to do the same, and one of the reasons the previous owners brought the plane to Las Vegas in 2020. Fisher Brothers' acquisition advances this vision with the goal of providing Las Vegas with a destination unlike any other.
"I am eager to watch the creative vision behind this incredible asset take shape," said Olivia Diaz, Ward 3 City Councilwoman. "The 747 has a rich history of pushing artistic boundaries in Nevada, and we are pleased to welcome its next iteration to Las Vegas. The aircraft will surely be a new landmark for our city."
This purchase builds on Fisher Brothers' growing activity in Las Vegas. In November 2021, Fisher Brothers announced the completion of a neighborhood improvement project on the apartment buildings just west of the Las Vegas Strip and Interstate 15 on Wyandotte Street and Kings Way, delivering 18 thoughtfully curated, graphic-style murals depicting desert animals, plants, and bright colors.
In 2018, Fisher Brothers announced AREA15 as the flagship destination on the 80 acres of frontage along the I-15 interstate that the development firm acquired in 2006. The immersive entertainment complex, offering live events, immersive art and experience, and unique food and drinks, opened to the public in September 2020 and has welcomed over 2 million visitors in the first year. In March of 2022, AREA15 announced plans to expand and open a second location in Orlando, Florida.
Joshua Levine of Fired Up Management brokered the deal between Fisher Brothers and the former owner of the 747 airplane. Currently, the aircraft sits at the Las Vegas Speedway where it will be temporarily stored until further notice. Plans are being finalized for the final landing place for the plane.
About Fisher Brothers
For more than a century, Fisher Brothers has excelled in real estate innovation, developing, owning and operating unique spaces that enable people to thrive. From cutting-edge building design to neighborhood-defining art installations, Fisher Brothers leverages each real estate asset to create one-of-a-kind spaces for people to live, work and play. Fisher Brothers currently owns and operates commercial, residential and experiential retail assets in New York City, Las Vegas, Washington, DC, Miami and Orlando. For additional information about Fisher Brothers, please visit the Company's website at www.fisherbrothers.com.
About AREA15
AREA15 is the world's first purpose-built experiential entertainment district offering live events, immersive activations, monumental art installations, extraordinary design elements, unique retail, ground-breaking technology, bars and eateries, and more. The first location opened in Las Vegas in September 2020, and a second location in Orlando, Florida was recently announced. AREA15 represents a collaborative venture between real estate development firm Fisher Brothers and creative agency Beneville Studios. For more information visit www.AREA15.com.
Media Contact:
BerlinRosen, fbmc@berlinrosen.com
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| 2022-04-25T20:23:08Z
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WASHINGTON, April 25, 2022 /PRNewswire/ -- The Global Payroll Management Institute (GPMI) will host the fifth annual Global Payroll Week (GPW), 25 – 29 April. Global Payroll Week recognizes payroll professionals for their dedication to paying employees around the world accurately and on-time, every time.
"Few professions impact every worker more than payroll. Global payroll professionals deserve to be celebrated for their efforts to pay employees accurately around the globe each and every payday," said Dan Maddux, president of the Global Payroll Management Institute.
This year's event features many exciting events and educational tools. Three complimentary webinars will be offered to global payroll professionals throughout GPW, as well as daily curated content emails with educational resources and topics important for payroll professionals. Exclusive digital content will be released as well, including a new white paper entitled, "Put Your Global Payroll Data into Action" and results from GPMI's annual "Getting the World Paid" industry survey.
GPMI will also announce the recipient of its third annual Global Payroll Titan award on the final day of GPW, 29 April. The award celebrates, recognizes, and empowers the payroll professionals responsible for processing multi-country payrolls.
Global Payroll Week elevates the visibility of the global payroll industry and increases the global payroll professional's skill level through education, training, and networking opportunities. It is made possible with support from official sponsors: ADP, CloudPay, Immedis, and Neeyamo.
For more information about Global Payroll Week, its sponsors, and the different events happening each day, visit www.gpminstitute.com.
The Global Payroll Management Institute is a leading international community of payroll leaders, managers, practitioners, researchers, and technology experts. Visit GPMI online at www.gpminstitute.com.
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| 2022-04-25T20:23:19Z
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Company Sets Records for Quarterly Net Sales and Net Income
ST. LOUIS, April 25, 2022 /PRNewswire/ -- Graybar, a leading distributor of electrical, communications and data networking products and provider of related supply chain management and logistics services, today reported its first quarter results, which included its highest quarterly net sales and net income in company history.
For the first three months of 2022, Graybar's net sales totaled $2.4 billion, an increase of 25.3 percent compared to the same period last year. Net income attributable to Graybar for the quarter finished at $102.2 million, a 116.5 percent increase from the first quarter of 2021.
"After our strong performance in 2021, I am very pleased that we have sustained our momentum into the first quarter of this year," said Kathleen M. Mazzarella, chairman, president and chief executive officer of Graybar. "While economic conditions are contributing to growth, the markets we serve continue to be affected by a number of external variables. As a vital link in the supply chain, we remain focused on providing exceptional service to our customers, while we invest in our future and implement our long-term, strategic plan."
Graybar, a Fortune 500 corporation and one of the largest employee-owned companies in North America, is a leader in the distribution of high quality electrical, communications and data networking products, and specializes in related supply chain management and logistics services. Through its network of more than 300 North American distribution facilities, it stocks and sells products from thousands of manufacturers, helping its customers power, network and secure their facilities with speed, intelligence and efficiency. For more information, visit www.graybar.com or call 1-800-GRAYBAR.
Media Contact:
Tim Sommer
(314) 578-7672
timothy.sommer@graybar.com
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| 2022-04-25T20:23:25Z
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Net Revenue of $284 Million Climbs 47% Over Prior Year Record
Achieves Record Profitability
Guides to Record Q2 Net Revenue
CHICAGO, April 25, 2022 /PRNewswire/ -- Today Heidrick & Struggles International, Inc. (Nasdaq: HSII) ("Heidrick & Struggles" or the "Company") announced financial results for its first quarter ended March 31, 2022.
First Quarter Highlights:
- Net revenue reached a record $283.9 million, an increase of 46.6% versus the prior year period.
- Operating income* increased to $30.2 million, 54.2% higher than the prior year period.
- Adjusted EBITDA* was $35.7 million and grew 19.4% year-over-year, and adjusted EBITDA margin was 12.6%.
- Net income* climbed 24.5% to $18.5 million, and diluted earnings per share* was $0.90.
- Cash and cash equivalents was $268.0 million, 45.6% higher than at March 31, 2021.
"We are pleased with yet another quarter of record financial performance that builds on our solid foundation of ongoing and deliberate shareholder value creation," stated Heidrick & Struggles' President and Chief Executive Officer, Krishnan Rajagopalan. "Today's announcement marks five consecutive quarters of record year-over-year net revenue results for Heidrick achieved by strong productivity in Executive Search, growth from our On-Demand Talent business, and the expanding impact of Heidrick Consulting's advisory work, all while we continue partnership incubation for future digital innovation."
Mr. Rajagopalan continued, "Companies across all industries and regions know that top talent, whether permanent, interim or project-based, quality work environments, and data-driven actionable insights are business imperatives now more than ever, contributing to demand for our products and services. Heidrick's differentiated strategy is working, and we look to the future to continue to benefit from an increasingly diversified mix of businesses, with cross collaboration opportunities expected to amplify our long-term business success."
Record consolidated net revenue of $283.9 million grew by $90.2 million, or 46.6%, compared to net revenue of $193.7 million in the 2021 first quarter. Net revenue growth was driven by all regions in Executive Search, by Heidrick Consulting, and by the addition of On-Demand Talent.
Executive Search net revenue of $242.5 million increased by $62.9 million, or 35.0%, compared to net revenue of $179.6 million in the 2021 first quarter. Net revenue increased 39.5% in the Americas, 32.1% in Europe, and 18.8% in Asia Pacific. All industry practices exhibited growth compared to the prior year.
The Company had 394 Executive Search consultants at March 31, 2022, compared to 373 at March 31, 2021. Productivity, as measured by annualized Executive Search net revenue per consultant, was $2.5 million compared to $1.9 million in the 2021 first quarter. Average revenue per executive search was approximately $124,000 compared to $113,000 a year earlier. The number of confirmed searches increased 23.1% compared to the year-ago period.
On-Demand Talent, a new business segment which the Company acquired on April 1, 2021, generated net revenue of $23.4 million, exceeding the Company's expectations.
Heidrick Consulting net revenue of $17.9 million increased by $3.9 million, or 27.7%, compared to net revenue of $14.0 million in the 2021 first quarter. The Company had 70 Heidrick Consulting consultants at March 31, 2022, compared to 64 at March 31, 2021.
Consolidated salaries and benefits were $201.4 million compared to $141.4 million in the 2021 first quarter. Year-over-year, fixed compensation expense increased $3.6 million due to increases in base salaries and payroll taxes, partially offset by decreases in the deferred compensation plan and stock compensation. Variable compensation increased $56.5 million year-over-year due to an increase in production. Salaries and benefits expense was 71.0% of net revenue for the quarter, compared to 73.0% in the 2021 first quarter.
General and administrative expenses were $29.8 million compared to $27.4 million in the 2021 first quarter. The increase was primarily due to business development travel, intangible amortization, earnout accretion, information technology, and bad debt, partially offset by a decrease in office occupancy. As a percentage of net revenue, general and administrative expenses were 10.5% compared to 14.1% in the 2021 first quarter.
The Company's cost of services expense category was $18.0 million, compared to $1.5 million in the 2021 first quarter, primarily due to the acquisition of its On-Demand Talent business and an increase in the volume of consulting engagements.
Research and development, a new category of expense that captures expenses associated with new product development efforts, was $4.4 million, or 1.6% of net revenue for the quarter.
Operating income, including research and development expense, was $30.2 million, or 54.2% higher compared to $19.6 million in the 2021 first quarter. Operating margin was 10.7%, compared to 10.1% in the 2021 first quarter. Year-ago results include a $3.9 million restructuring charge related to the Company's real estate strategy. Excluding this charge, adjusted operating income in the 2021 first quarter was $23.5 million and adjusted operating margin was 12.1%.
Net income, including research and development expense, was $18.5 million and diluted earnings per share was $0.90 with an effective tax rate of 33.7%. This compares to net income of $14.8 million and diluted earnings per share of $0.74, with an effective tax rate of 34.9%, in the 2021 first quarter. Excluding the aforementioned restructuring charge in the 2021 first quarter, adjusted net income was $17.4 million and adjusted diluted earnings per share was $0.86.
Adjusted EBITDA, including research and development expense, was $35.7 million, an increase of 19.4% compared to adjusted EBITDA of $29.9 million in the 2021 first quarter. Adjusted EBITDA margin was 12.6%, compared to 15.4% in the 2021 first quarter.
Net cash used in operating activities was $262.2 million, compared to net cash used in operating activities of $142.6 million in the 2021 first quarter. Cash and cash equivalents at March 31, 2022 was $268.0 million, compared to $545.2 million at December 31, 2021 and $184.1 million at March 31, 2021. The Company's cash position typically builds throughout the year as employee bonuses are accrued, mostly to be paid out in the first quarter. There was no debt on the balance sheet at March 31, 2022, providing the Company financial flexibility.
The Board of Directors declared a 2022 first quarter cash dividend of $0.15 per share payable on May 20, 2022, to shareholders of record at the close of business on May 6, 2022.
The Company expects 2022 second quarter consolidated net revenue of between $290 million and $300 million, while acknowledging that some continued fluidity in external factors such as foreign conflicts, the interest rate environment, and the COVID-19 pandemic may impact quarterly results. In addition, this outlook is based on the average currency rates in March 2022 and reflects, among other factors, management's assumptions for the anticipated volume of new Executive Search confirmations, On-Demand Talent projects, and Heidrick Consulting assignments, and the current backlog, consultant productivity, consultant retention, and the seasonality of the business.
Heidrick & Struggles will host a conference call to review its first quarter results today, April 25, 2022 at 5:00 pm Eastern Time. Participants may access the Company's call and supporting slides through its website at www.heidrick.com or by dialing (888) 440-4091 or (646) 960-0846, conference ID# 6106012. For those unable to participate on the live call, a webcast and copy of the slides will be archived at www.heidrick.com and available for up to 30 days following the investor call.
Heidrick & Struggles (Nasdaq: HSII) is a premier provider of global leadership advisory and on-demand talent solutions, serving the senior-level talent and consulting needs of the world's top organizations. In our role as trusted leadership advisors, we partner with our clients to develop future-ready leaders and organizations, bringing together our services and offerings in executive search, diversity and inclusion, leadership assessment and development, organization and team acceleration, culture shaping and on-demand, independent talent solutions. Heidrick & Struggles pioneered the profession of executive search more than 65 years ago. Today, the firm provides integrated talent and human capital solutions to help our clients change the world, one leadership team at a time. ® www.heidrick.com
To supplement the financial results presented in accordance with generally accepted accounting principles in the United States ("GAAP"), Heidrick & Struggles presents certain non-GAAP financial measures. A "non-GAAP financial measure" is defined as a numerical measure of a company's financial performance that excludes or includes amounts different than the most directly comparable measure calculated and presented in accordance with GAAP in the statements of comprehensive income, balance sheets or statements of cash flow of the Company. Pursuant to the requirements of Regulation G, this earnings release contains the most directly comparable GAAP financial measure to the non-GAAP financial measure.
The non-GAAP financial measures used within this earnings release are adjusted operating income, adjusted operating income margin, adjusted net income, adjusted basic and diluted earnings per share, adjusted effective tax rate, adjusted EBITDA, and adjusted EBITDA margin. These measures are presented because management uses this information to monitor and evaluate financial results and trends. Management believes this information is also useful for investors. Reconciliations of these non-GAAP financial measures with the most directly comparable measures calculated and presented in accordance with GAAP are provided as schedules attached to this release.
Adjusted operating income reflects the exclusion of restructuring charges.
Adjusted operating income margin refers to adjusted operating income as a percentage of net revenue in the same period.
Adjusted net income and adjusted diluted earnings per share reflect the exclusion of restructuring charges, net of tax.
Adjusted effective tax rate reflects the exclusion of restructuring charges, net of tax.
Adjusted EBITDA refers to earnings before interest, taxes, depreciation, intangible amortization, equity-settled stock compensation expense, earnout accretion, contingent compensation related to acquisitions, deferred compensation plan income and expense, restructuring charges, and other non-operating income (expense).
Adjusted EBITDA margin refers to adjusted EBITDA as a percentage of net revenue in the same period.
This press release contains forward-looking statements within the meaning of the federal securities laws. The forward-looking statements are based on current expectations, estimates, forecasts, and projections about the industry in which we operate and management's beliefs and assumptions. Forward-looking statements may be identified by the use of words such as "expects," "anticipates," "intends," "plans," "believes," "seeks," "estimates," "outlook," "projects," "forecasts," and similar expressions. Forward-looking statements are not guarantees of future performance, rely on a number of assumptions, and involve certain known and unknown risks and uncertainties that are difficult to predict, many of which are beyond our control. Factors that may cause actual outcomes and results to differ materially from what is expressed, forecasted, or implied in the forward-looking statements include, among other things, the impacts, direct and indirect, of the COVID-19 pandemic (including the emergence of variant strains) on our business, our consultants and employees, and the overall economy; the impact on global or a regional economy due to the outbreak or escalation of hostilities or war; leadership changes, our ability to attract, integrate, develop, manage and retain qualified consultants and senior leaders; our ability to prevent our consultants from taking our clients with them to another firm; our ability to maintain our professional reputation and brand name; the fact that our net revenue may be affected by adverse economic conditions; our clients' ability to restrict us from recruiting their employees; the aggressive competition we face; our heavy reliance on information management systems; the fact that we face the risk of liability in the services we perform; the fact that data security, data privacy and data protection laws and other evolving regulations and cross-border data transfer restrictions may limit the use of our services and adversely affect our business; social, political, regulatory and legal risks in markets where we operate; any challenges to the classification of our on-demand talent as independent contractors; the impact of foreign currency exchange rate fluctuations; the fact that we may not be able to align our cost structure with net revenue; unfavorable tax law changes and tax authority rulings; our ability to realize our tax losses; the timing of the establishment or reversal of valuation allowance on deferred tax assets; any impairment of our goodwill, other intangible assets and other long-lived assets; our ability to execute and integrate future acquisitions; the fact that we have anti-takeover provisions that make an acquisition of us difficult and expensive; our ability to access additional credit; and the increased cybersecurity requirements, vulnerabilities, threats and more sophisticated and targeted cyber-related attacks that could pose a risk to our systems, networks, solutions, services and data. We caution the reader that the list of factors may not be exhaustive. For more information on these risks, uncertainties and other factors, refer to our Annual Report on Form 10-K for the year ended December 31, 2021, under the heading "Risk Factors" in Item 1A, as updated in Part II of our subsequent Quarterly Reports on Form 10-Q, and other filings with the Securities and Exchange Commission. The forward-looking statements contained in this press release speak only as of the date of this press release. We undertake no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
Investors & Analysts:
Suzanne Rosenberg, Vice President, Investor Relations
srosenberg@heidrick.com
Media:
Nina Chang, Vice President, Corporate Communications
nchang@heidrick.com
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https://www.whsv.com/prnewswire/2022/04/25/heidrick-amp-struggles-posts-record-first-quarter-2022-results/
| 2022-04-25T20:23:31Z
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The Five Week Training Program Will Award Industry-Recognized Certifications on Best Practices for Cannabis Growing, Joining Other Certification Programs Offered by the Teamsters Union Training Center
SAN BERNADINO, Calif., April 25, 2022 /PRNewswire/ -- Teamsters Local 1932, a labor union of over 14,000 members across Southern California's Inland Empire region, has announced the availability of twenty scholarships for a new cannabis cultivation training certification program based out of the union's new training center in San Bernardino.
"This union is bringing together cannabis workers to improve this industry and is also creating pathways for workers to advance in the industry with education and certification," says Randy Korgan, Local 1932 Secretary-Treasurer. "With a trained workforce, and our initiatives to involve union members in political action that will help this industry and its workers thrive, there are brighter days ahead for the industry."
In 2021, cannabis cultivation workers at Tikun in Adelanto, CA, organized to join the Teamsters Union, becoming the first unionized cannabis cultivation workforce in Southern California. The same year, the Teamsters Union committed $1.5 million to support legislative efforts to improve the cannabis workforce issues and cannabis rescheduling. The training certification program scholarships align with the union's goal of raising standards across the cannabis industry.
The cannabis cultivation training certification program is a five-week course covering topics specifically designed to prepare growers for successful harvests. Future courses are planned for manufacturing and retail work. The program also prominently features seminars from the Agricultural Labor Relations Board and experts on Occupational Safety and Health Administration policies to ensure that workers can build their knowledge on safety and their rights at work. As the first unionized workforce in Southern California, Tikun of Adelanto will be utilizing the cannabis cultivation training certification program for a new apprenticeship pathway, which includes hands-on experience.
The City of Adelanto is exploring initiatives to help support certification and training for local residents, with the help of the Teamsters 1932 Training Center.
"The City of Adelanto will have the premier cannabis workforce," said Gabriel Reyes, Adelanto Mayor. "We look forward to providing our residents the opportunity to achieve their certification in this growing industry with the help of Teamsters Local 1932. Our goal is to be known as the capitol of the cannabis industry, and to be that, we need to have a trained workforce that can produce premier craftsmanship."
The cannabis industry employed 415,000 full-time workers across the country in 2021, an increase of about 30 percent from 2020, according to industry news published MJBizDaily. By increasing the availability of training and certification to workers in Southern California, Teamsters Local 1932 aims to offer current members and prospective members a way to improve their employer's crops and further professionalize the industry's cultivation workforce. Existing training programs hosted by Teamsters Local 1932 come from partnerships with high-road employers who want to reduce employee turnover and increase industry capacity with trained workers.
Teamsters Local 1932 represents workers in a wide variety of industries throughout the Inland Empire. For more information, go to https://www.teamsters1932.org/.
Contact:
Mario Vasquez, (909) 501-9232
mvasquez@teamsters1932.org
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| 2022-04-25T20:23:37Z
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FAIRFIELD, Conn., April 25, 2022 /PRNewswire/ -- HJ Sims (Sims), a privately held investment bank and wealth management firm founded in 1935, is pleased to announce the closing of a $32 million USDA-financed expansion project for Evenglow Lodge. In accordance with USDA-debt requirements, proceeds of the financing will be used for the construction of 76 replacement assisted living units, common space and other space used by the Health Center, as well as for the demolition of the existing assisted living structure.
Providing healthcare services to the community of Pontiac, Il since 1957, Evenglow has evolved into a senior living community delivering care from independent living through skilled nursing. In order to meet community needs for additional services, Evenglow sought to expand its footprint. The first phase consists of the construction of the replacement assisted living units, demolition of the current assisted living tower and constructing new common space. Phase two consists of the construction of 24 new independent living units. Phase one broke ground in 2021; phase two will begin construction in 2023.
Due to USDA's prohibition on using this USDA program's debt for independent living, Sims crafted a plan of finance which included USDA financing for the new assisted living building paired with bank financing for the new independent living units. The latter would use two distinct tranches, one entrance fee tranche and one long-term tranche, which would allow Evenglow to lessen its long-term debt liability. Furthermore, with low interest rates and long amortization available via the USDA financing, Sims worked with the USDA to include as much as was allowable into the USDA loan.
At 593 days after financing kickoff, Sims closed the $32,200,000 bank facility backed by approval received from the USDA. A draw-down bank loan will permit Evenglow to draw for construction costs on an as needed basis. Ultimately, the bank loan will be refinanced with a USDA vehicle which was locked-in at an interest rate of 2.25% and a term of 35-years, providing a capital structure which will lift the viability of the operating model and allow Evenglow to better serve the community with the benefit of a low cost of capital for years to come.
"After just stepping into my new role as CEO, the thought of handling this expansion financing was unsettling. Thankfully, Sims was there to help us successfully implement the financing that would reposition our organization for years to come. Sims thoroughly understood the process involved and made sure to provide extensive education, even after closing. Lynn and Brady took great care in ensuring that our team understood all of the financing components so we could march in-step. Working with Sims truly was a pleasure and I look forward to our partnership for years to come," said Cindy Wegner, President and CEO of Evenglow Lodge.
Financed Right® Solutions—Lynn Daly: ldaly@hjsims.com or (312) 505-5688 | Brady Richardson, brichardson@hjsims.com, (443) 340-9980.
ABOUT HJ SIMS: Founded in 1935, HJ Sims is a privately held investment bank and wealth management firm. Headquartered in Fairfield, CT, Sims has nationwide investment banking, private wealth management and trading locations. Member FINRA, SIPC. Testimonials may not be representative of another client's experience. Past performance is no guarantee of future results. Facebook, LinkedIn, Twitter, Instagram.
CONTACT: Shauna Reilly, Chief Marketing Officer | 203-418-9043 | sreilly@hjsims.com
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| 2022-04-25T20:23:44Z
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Welcome to the future of home selling
SANTA MONICA, Calif., April 25, 2022 /PRNewswire/ -- HomeLister, the digital brokerage and real estate platform, unveils a new way for homeowners to sell their homes without the hassle of real estate agents and multiple fees.
The process is done in three easy steps: list, show, sell.
First, list the home on HomeLister.com. Enter all the relevant details, including the price. Homeowners can even add professional services such as photography, video, Matterport 3D virtual tours, and yard signs. HomeLister then publishes the home to their local MLS and most major real estate websites, such as Zillow, Trulia, and Realtor.com.
Show the home by setting up a date and time for an open house and getting a lockbox for agents to give a walkthrough for potential buyers. HomeLister will even give homeowners tips on how to showcase their home's best features to ensure their home shines.
Sell by taking the reins. With HomeLister, homeowners have complete control of the selling process by communicating with the buyers directly. Homeowners receive offers directly from the buyers and can even respond with counteroffers and accept the offer that best suits them.
It's that easy.
Professional help is available if and when needed. Homeowners can choose extra support from an agent, such as offer reviews, counteroffers, and paperwork. Homeowners can then schedule and perform the closing. All documents are signed digitally; no need to leave home.
HomeLister offers a variety of flat-fee prices that provide different features to fit different budgets. The three plans are as follows: basic, premium, and platinum. They can also add à la carte services to customize based on individual needs.
On average, homeowners who use HomeLister save $21,000.
To learn more about HomeLister and sign up to receive updates, special offers, and more, visit HomeLister.com.
About HomeLister
HomeLister offers homeowners an empowering new way to sell their home without hiring a traditional real estate agent. Homeowners get their listing added to the MLS and every major real estate website with the ability to choose how much assistance they would like from HomeLister, and add additional services - like offer negotiation and professional photography - along the way. The company never takes a percentage of the sale price, charging a low flat fee starting at $599 instead. Learn more at homelister.com.
Contacts: Tommy Chang, 310-717-5707, tchang@homelister.com
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https://www.whsv.com/prnewswire/2022/04/25/homelister-has-created-new-easy-way-sell-your-home/
| 2022-04-25T20:23:51Z
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CHARLOTTE, N.C., April 25, 2022 /PRNewswire/ -- Honeywell (NASDAQ: HON) announced today that its Board of Directors has declared a regular quarterly dividend payment of $0.98 per share on the Company's outstanding common stock. The dividend is payable on June 3, 2022, out of surplus to shareowners of record at the close of business on May 13, 2022.
Honeywell (www.honeywell.com) is a Fortune 100 technology company that delivers industry-specific solutions that include aerospace products and services; control technologies for buildings and industry; and performance materials globally. Our technologies help everything from aircraft, buildings, manufacturing plants, supply chains, and workers become more connected to make our world smarter, safer, and more sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.
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| 2022-04-25T20:23:57Z
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Discussing INDOPACOM warfighting foundational intelligence at the 2022 USGIF GEOINT Symposium in Denver, CO
DENVER, April 25, 2022 /PRNewswire/ - Intermap Technologies (TSX: IMP) (OTCQX: ITMSF) ("Intermap" or the "Company"), a global leader in geospatial content development and intelligence solutions, is presenting today at the 2022 USGIF GEOINT Symposium to discuss solutions for foundational military intelligence at scale.
Intermap's commercial and government solutions leverage one of the most extensive commercial archives of geospatial data to provide answers directly into workflows. It is changing the way geospatial intelligence is created and delivered, ensuring the right information is in the hands of warfighters worldwide, specifically INDOPACOM. The Intermap team aims to help operationalize the USAF Agile Combat Employment (ACE) concept, the US Marine Corp Force 2030 restructuring and support the broader Joint All Domain Command and Control vision for US DOD. Intermap is presenting jointly alongside its leading industry partners from Oracle and FGS to deliver operationally relevant, easy to assimilate and 3D precision accurate military intelligence at scale. As most recently demonstrated in Ukraine, the power of utilizing commercial partnerships is to dominate the cognitive domain in a crisis. OSINT has become a critical component of GEOINT at the tactical edge.
Attendees of the 2022 USGIF GEOINT Symposium can attend the presentation session on April 25 at 2:30 pm MT at the Aurora Exhibit Hall, Booth 2215.
Military services are fielding smaller, more agile, incremental improvements across warfighting domains to accelerate change in the DOD's new integrated deterrence strategy. The USAF is reorganizing to employ expeditionary forces faster and more lethal under the Agile Combat Employment (ACE) concept and the USMC Force 2030 is restructuring from a counterterrorism role to peer/near-peer adversaries focusing on INDOPACOM. The Intermap team concept is to support these initiatives by enhancing traditional models of force projection and employment that historically have been underwritten by legacy foundational military intelligence (FMI), causing sub-optimization of warfighting lethality in an era of shrinking and delayed budgets.
Building on lessons from its prime contract with USAF, the Intermap team approach leverages government, industry and academia to yield higher 3D FMI at scale for force projection/protection, course of action development, countering asymmetrical attacks (e.g., small drones) and employing lethal weapons in contested, degraded and operational limited (CDO) environments. By harnessing airborne, cloud and edge technologies while introducing low latency collection to orthorectify foundational intelligence (e.g., ability to depict horizontal offsets and Digital Terrain Modeling to achieve 3D precision accuracy), leveraging unmatched expertise and edge technologies can enhance FMI for planners and warfighters thus holding adversary weapon systems at risk in CDO settings.
Essential to executing this concept are high-performance analytics enabling on-the-fly 3D production and precision targeting coordinates surpassing legacy digital point position database production. Analysis, integration and production of this data are critical.
Learn more about Intermap's government solutions visit https://www.intermap.com/government-regulated-industries.
Certain information provided in this news release constitutes forward-looking statements. The words "anticipate", "expect", "project", "estimate", "forecast", "will be", "will consider", "intends" and similar expressions are intended to identify such forward-looking statements. Although Intermap believes that these statements are based on information and assumptions which are current, reasonable and complete, these statements are necessarily subject to a variety of known and unknown risks and uncertainties. Intermap's forward-looking statements are subject to risks and uncertainties pertaining to, among other things, cash available to fund operations, availability of capital, revenue fluctuations, nature of government contracts, economic conditions, loss of key customers, retention and availability of executive talent, competing technologies, common share price volatility, loss of proprietary information, software functionality, internet and system infrastructure functionality, information technology security, breakdown of strategic alliances, and international and political considerations, as well as those risks and uncertainties discussed Intermap's Annual Information Form and other securities filings. While the Company makes these forward-looking statements in good faith, should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary significantly from those expected. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what benefits that the Company will derive therefrom. All subsequent forward-looking statements, whether written or oral, attributable to Intermap or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this news release are made as at the date of this news release and the Company does not undertake any obligation to update publicly or to revise any of the forward-looking statements made herein, whether as a result of new information, future events or otherwise, except as may be required by applicable securities law.
Founded in 1997 and headquartered in Denver, Colorado, Intermap (TSX: IMP; OTCQX: ITMSF) is a global leader in geospatial intelligence solutions. The Company's proprietary 3D NEXTMap® elevation datasets and value-added geospatial collection, processing, analytics, fusion and orthorectification software and solutions are utilized across a range of industries that rely on accurate, high-resolution elevation data. Intermap helps governments build authoritative geospatial datasets and provides solutions for base mapping, transportation, environmental monitoring, topographic mapping, disaster mitigation, smart city integration, public safety and defense. The Company's commercial applications include aviation and UAV flight planning, flood and wildfire insurance, environmental and renewable energy planning, telecommunications, engineering, critical infrastructure monitoring, hydrology, land management, oil and gas and transportation. For more information, please visit www.intermap.com.
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| 2022-04-25T20:24:04Z
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PITTSBURGH, April 25, 2022 /PRNewswire/ - "I wanted to create an improved paddle/oar that would provide easy and optimum propulsion of a water vessel with less work and maneuvering," said an inventor, from Clinton, Utah, "so I invented the ONE WAY PADDLE OR ORE. My design would completely eliminate the standard rotation and lifting required of conventional oars."
The invention provides a specialized paddle/oar for use with a canoe, kayak or other boat. In doing so, it eliminates the need to swing an oar. As a result, it reduces splashing water and it could reduce effort and strain. The invention features a lightweight design that is easy to use so it is ideal for canoe, kayak and other boat owners and enthusiasts. Additionally, it can be offered in three different lengths.
The original design was submitted to the Salt Lake City sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-SGJ-144, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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| 2022-04-25T20:24:11Z
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PITTSBURGH , April 25, 2022 /PRNewswire/ -- "I wanted to create a fan that could enliven a room while providing a refreshing flow of air," said an inventor, from Delano, Calif., "so I invented the STAR LIGHT. My design could inspire users with a majestic feeling through which they could think outside the box."
The invention provides a unique fan with a nostalgic and majestic lighting element. In doing so, it offers comfortable air flow for a room. It also could bring forth joy, hope and happiness. The invention features a novel and eye-catching design that is easy to display and use so it is ideal for households. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the San Diego sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-SDB-1547, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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https://www.whsv.com/prnewswire/2022/04/25/inventhelp-inventor-develops-novel-eye-catching-fan-households-sdb-1547/
| 2022-04-25T20:24:18Z
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PITTSBURGH, April 25, 2022 /PRNewswire/ -- "I wanted to create a system to protect police officers during riot and protest situations," said an inventor, from San Jose, Calif., "so I invented the PERSONAL DEFENSE. My design would increase defense measures while enabling police to combat violence through aggressive crowd control."
The patent-pending invention provides a more aggressive defense of police officers who are involved in keeping peace and protecting persons or property in the midst of protests. It also protects against crude incendiary bomb or grenade-like devices. As a result, it enhances safety and security. The invention features a portable design that is easy to use so it is ideal for the police force.
The original design was submitted to the San Francisco sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-SNF-135, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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| 2022-04-25T20:24:24Z
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PITTSBURGH, April 25, 2022 /PRNewswire/ -- "I thought there could be a better way to minimize discomfort and embarrassing leaks for individuals with urinary incontinence," said an inventor, from Pleasant Hill, Calif., "so I invented the HIWOY. My design would offer a more comfortable alternative to traditional adult diapers."
The invention provides an improved protective product for urinary incontinence. In doing so, it helps to separate fluid leakage from the body. As a result, it ensures that the user remains dry and comfortable and it provides added peace of mind. The invention features a practical and lightweight design that is easy to wear so it is ideal for men and women who experience urinary incontinence. Additionally, it is producible in design variations.
The original design was submitted to the San Francisco sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-SNF-141, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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| 2022-04-25T20:24:32Z
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PITTSBURGH, April 25, 2022 /PRNewswire/ -- "I am a RN and I see the need for everyone to have accessibility for protection against illnesses," said the inventor from Folsom, Calif. "I thought of this idea to help protect the wearer's hands from germs and contagious diseases."
She created SAFETY GLOVES to help fulfill the need for gloves designed to protect wearers from COVID-19, colds, the flu, and other infectious diseases. This glove would be more comfortable and breathable and could be used by everyone when they are not sheltered at home. Additionally, this glove provides the wearer with added safety, improved health and peace of mind.
The original design was submitted to the Sacramento sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-SCO-133, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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| 2022-04-25T20:24:39Z
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Did you lose money on investments in IronNet? If so, please visit IronNet, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, April 25, 2022 /PRNewswire/ -- Bernstein Liebhard LLP announces that a securities class action lawsuit has been filed on behalf of investors who purchased or acquired the securities of IronNet, Inc. ("IronNet" or the "Company") (NYSE: IRNT) between September 15, 2021 and December 15, 2021, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Eastern District of Virginia and alleges violations of the Securities Exchange Act of 1934.
IronNet designs and develops solutions for cyber-attacks. The Company offers IronDefense, a network traffic analysis platform that delivers scalable behavioral analysis and integrated packet-level cyber hunt to detect advanced threats, and IronDome, a collective defense solution that delivers machine-speed visibility of potential threat campaigns targeting participant industry peers. The Company also provides a suite of technologies that provide real-time threat assessment and updates, behavioral modeling, big data analytics, and proactive responses, as well as consulting and training programs to protect against current and emerging threats. IronNet's security solutions include collective defense, network traffic analysis, and cyber assessment tools. The Company serves energy and utilities, financial services, healthcare and life sciences, defense, and public sector industries.
On August 27, 2021, IronNet became a publicly traded company via a merger (the "Merger") with LGL Systems Acquisition Corp. ("LGL"), a blank check company otherwise known as a special purpose acquisition vehicle. In anticipation of the Merger vote, on August 10, 2021, IronNet updated its financial forecasts "[d]ue to shifts in the anticipated closing of several new customer contracts." The Company forecasted fiscal year 2022 ("FY 2022") (ended January 31, 2022) revenues of $43-$45 million and annual recurring revenue ("ARR") of $75 million.
On September 14, 2021, after market close, defendants issued a press release entitled "IronNet Announces Fiscal Second Quarter 2022 Financial Results," which announced disappointing revenue of $6.1 million for Q2 2022 (ended July 31, 2021) compared to $7.9 million for Q2 2021, which missed expectations by $1.3 million. However, IronNet also announced Q2 2022 ARR of $24.1 million compared to $19.5 million in Q2 2021 and reaffirmed its FY 2022 revenue guidance of $43-45 million and ARR guidance of $75 million. The Company's stock price immediately skyrocketed 38%, or $8.81 per share, from a close of $23.32 per share on September 14, 2021 to a close of $32.13 per share on September 15, 2021. By September 16, 2021, IronNet's stock price had doubled, reaching an intra-day high of $47.50 per share.
On December 15, 2021, after market close, Defendants issued a press release entitled "IronNet Reports Third Quarter Fiscal 2022 Financial Results," in which they slashed IronNet's FY 2022 guidance, which they announced shortly before the Merger vote and reaffirmed just three months earlier. On this news, the price of IronNet's stock declined more than 31% to close at $4.66 per share on December 16, 2021.
Plaintiff alleges that Defendants' statements were materially false and misleading when made because IronNet: (i) materially overstated its business and financial prospects; (ii) was unable to predict the timing of significant customer opportunities which constituted a substantial portion of its publicly-issued FY 2022 financial guidance; and (iii) had not established effective disclosure controls and procedures to reasonably ensure its public disclosures were timely, accurate, complete, and not otherwise misleading.
If you wish to serve as lead plaintiff, you must move the Court no later than June 21, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased IRNT securities, and/or would like to discuss your legal rights and options please visit IronNet, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
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| 2022-04-25T20:24:48Z
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In partnership with Circle K, Jackpocket offers a safe, easy way to order state lottery tickets with an app
NEW YORK, April 25, 2022 /PRNewswire/ -- For the first time ever, New Mexicans can order lottery tickets from the comfort of their phone. Jackpocket, the leading third-party app in the U.S. to provide a secure way to order official state lottery tickets, today announced its launch in New Mexico in partnership with Circle K, one of the largest convenience store brands in the U.S. and among New Mexico's biggest lottery retailers.
Lottery players in New Mexico can now use Jackpocket's mobile app to place ticket orders for well-known lottery game favorites, including Mega Millions, Powerball, Lotto America, Pick 3, Pick 4, and Roadrunner Cash. The mobile experience allows players to conveniently view an image of their ticket, check lottery results, join lottery pools with friends and families, receive prizes up to $600 and make payouts directly through the app.
"Circle K has a long-standing history as one of the top lottery retailers in New Mexico. Together, we are excited to bring Jackpocket's accessibility and convenience to long-time lottery fans and brand new players alike," said Jackpocket CEO and Founder Peter Sullivan. "Lottery players have won over $130 million in prizes so far on Jackpocket, and we can't wait to meet our first big winner in the Land of Enchantment. Jackpocket is committed to continuously innovating the digital gaming space in a safe and meaningful way."
As a third-party lottery service, Jackpocket aims to broaden access to the lottery in New Mexico by introducing a convenient, digital way for a mobile-first demographic to play. Over sixty-percent of Jackpocket app users are 18 to 45 years old. Jackpocket is not directly affiliated with the New Mexico Lottery.
"We're proud to partner with Jackpocket in New Mexico and make this fun, exclusive and convenient experience available to lottery players across the state," said Melissa Lessard, the head of North American marketing at Circle K. "Providing the opportunity for customers to order official state lottery tickets with just the tap of a button through the Jackpocket app is yet another example of our commitment to making their lives a little easier every day."
New Mexico is now the 11th state available for lottery play on the Jackpocket app. To date, lottery players have won over $130,000,000 in lottery prizes using the Jackpocket app, and 11 individual players have won prizes worth $1 million or more.
To ensure player safety, Jackpocket offers consumer protections such as daily deposit and spend limits, self-exclusion, and in-app access to responsible gaming resources. Jackpocket is a member of the National Council on Problem Gambling, and the first third-party lottery service to receive a responsible gambling certification from the NCPG's Internet Responsible Gambling Compliance Assessment Program.
For more information, visit jackpocket.com or download the Jackpocket app on iOS or Android.
About Jackpocket
Jackpocket is on a mission to create a more convenient, fun and responsible way to play the lottery. The first licensed third-party lottery app in the United States, Jackpocket provides an easy, secure way to order official state lottery tickets. Jackpocket is currently available in Arkansas, Colorado, Minnesota, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, and Washington, D.C., and is expanding to many new markets. Download the app on iOS or Android and follow along on Facebook, Twitter and Instagram.
About Circle K
Circle K is a wholly-owned subsidiary of Alimentation Couche-Tard ("Couche-Tard"). Couche-Tard is a global leader in convenience and fuel retail, operating in 26 countries and territories, with more than 14,100 stores, of which approximately 10,800 offer road transportation fuel. With its well-known Couche-Tard and Circle K banners, it is one of the largest independent convenience store operators in the United States and it is a leader in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, as well as in Ireland. It also has an important presence in Poland and Hong Kong SAR. Approximately 124,000 people are employed throughout its network.
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| 2022-04-25T20:24:55Z
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Combined company to expand services and global reach
INDIANAPOLIS, April 25, 2022 /PRNewswire/ -- JDA Worldwide, a full-service marketing agency serving consumer brands, impactful non-profit organizations, and fast-growing companies since 2003, announced today the acquisition of Glendale, California-based public relations and strategic communications firm, The KAIROS Company.
JDA Worldwide is also part of a larger ecosystem, anchored by parent company Prolific; a growth firm that holds a fleet of high performing marketing and communications agencies, and possesses expertise in strategy, consulting, growth capital, and enterprise non-profit fundraising.
Phil Daniels, Chief Performance Officer of Prolific said:
"In less than seven years, The KAIROS Company has become one of America's leading boutique public relations and communications consultancies. Moreover, the KAIROS team brings additional international experience to bolster our global impact. Combining forces with The KAIROS Company meets a key need of JDA to expand our communications practice on our way to becoming one of the world's leading agencies."
The KAIROS Company was founded in 2015 by Johnnie Moore. Its staff in Washington, D.C., Nashville, TN, Atlanta, GA, Boston, MA, Orlando, FL, Lynchburg, VA, and Glendale, CA serve clients throughout the United States and internationally.
Moore, who will become President of JDA Worldwide as part of the combining of the two companies, described his reasons for joining forces with JDA Worldwide:
"From our origin, The KAIROS Company has focused on strategy and public relations, but our clients have increasingly come to us asking for expertise with branding, creative campaigns, digital, ad-buying, marketing science, and other creative services. Joining forces with JDA not only means that we can offer the full range of marketing services to our clients, it also means we can offer the best in services to complement our own, on day one. As I've come to learn, there's a reason JDA Worldwide is regularly part of the Inc. 5000, and that reason is, in a word, excellence."
Brad Benbow, Chairman and CEO of Prolific, said:
"Prolific was designed from the start to be a growth company. That means holding multiple companies and capabilities all focused on maximizing our partners' revenue, impact, and relevancy. We've now combined the world's finest marketing and PR agencies to continue to serve purpose-driven leaders, corporations, and cause-driven enterprise organizations."
As part of the acquisition, JDA Worldwide plans to expand its client services in Washington, D.C., Nashville, Los Angeles, and internationally, scaling up to offer the full-range of public relations, government relations and communications services in fiscal year 2023.
JDA Worldwide is a full-service marketing agency specializing in brand, media, and creative for emerging and extraordinary brands. Headquartered in Indianapolis, JDA is a regular member of the Inc. 500|5000 for fastest-growing companies in the United States. JDA is a part of the Prolific family of brands. For more information, visit JDAWorldwide.com.
The KAIROS Company has been called a "PR powerhouse" led by "a wunderkind PR executive." It has become the go-to strategic and personal counselor for leaders and organizations who wish to sharpen their public image for audiences of all shapes and sizes. For more information, visit theKcompany.co
Media Contact: press@thekcompany.co
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| 2022-04-25T20:25:01Z
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David Wyler of Jeff Wyler Fairfield Kia Recognized for Exceptional Customer Service and Sales Success
FAIRFIELD, Ohio, April 25, 2022 /PRNewswire/ -- David Wyler of Jeff Wyler Fairfield Kia has been named by Kia America as one of only 40 dealers in the United States to earn a spot in the brand's prestigious President's Club. Selected from the network of nearly 800 retailers, the Kia President's Club recognizes dealers that have achieved the highest overall sales volume and provided outstanding customer satisfaction. This is the 2nd time that Jeff Wyler Fairfield Kia has received President's Club honors.
"2021 was an important year in the growth of the Kia brand in the United States, and on behalf of the Kia family, I would like to recognize and thank David Wyler and the staff at Jeff Wyler Fairfield Kia for their commitment to exemplary sales performance and top-notch customer satisfaction," said Sean Yoon, president and CEO of Kia North America and Kia America.
Despite supply chain challenges in 2021, Kia surpassed 700,000 units for the first time. Five of the brand's most popular models – Forte, Niro EV, Seltos, Sportage and Telluride – also reached all-time annual sales records. In addition, 2021 saw a big jump in demand for Kia's hybrid and battery electric vehicles, with sales up 97 percent year over year. The Telluride SUV was named "Edmunds Top Rated SUV" for the third consecutive year, and both Telluride and Seltos SUVs were repeat Kelley Blue Book "Best Buy" winners.
The 2021 Kia President's Club honorees receive dealership promotional materials and awards, as well as a custom-made crystal 2021 Kia President's Club statuette.
The Jeff Wyler Automotive Family operates 23 dealerships in Ohio, Kentucky, and Indiana. In business since 1973, they rank in the top 40 of over 17,000 franchised dealerships for annual sales.
Contact: Kevin Frye,
Jeff Wyler Auto Family,
(513) 752-7450 x10131
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| 2022-04-25T20:25:08Z
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The International Award-Winning Creative Rises From Her ECD Role To Lead The Agency Into A New Era
TORONTO, April 25, 2022 /PRNewswire/ -- Juniper Park\TBWA is proud to announce that the agency's Executive Creative Director, Jenny Glover, is now acting Chief Creative Officer, effective immediately. Jenny is one of the most awarded creatives in the world – her work has won golds across all major international award shows, amassing twenty-eight Cannes Lions, including ten Gold and a Grand Prix, plus fifteen coveted D&AD Pencils, including five Yellows, among numerous others.
Her entry into branding was unique – she graduated from law school in 1996, which honed her skills in the nuances of language and critical thinking. After twenty years in South Africa, Jenny joined Juniper Park\TBWA from its sister agency, TBWA\Hunt\Lascaris, in 2018. This month alone, Jenny was the Co-Chair of one of Canada's preeminent industry shows, the 2022 Marketing Awards, as well as a One Show jury member. She has acted as both jury president and judge on numerous occasions at both local and international festivals, including Cannes Lions.
"I'm excited to continue my creative leadership of this agency," says Jenny Glover, acting CCO, Juniper Park\TBWA. "Of course, the ultimate goal is always to create branding excellence for our clients, but my methodology is also fundamentally human – to stay creatively curious, keep pushing, and to create better work by nurturing and growing talent. For me, the work and the people are intrinsically connected."
Jenny has a long history of generously developing talent. During her time in South Africa, she co-founded Open Chair, the South African advertising industry gender equity initiative aimed at "filling chairs" with talented young women and putting the onus on leaders to offer opportunity to that talent. Always an active mentor, Jenny incorporates teaching into everyday work, running weekly creative training sessions – aptly called "Sucking Eggs" – and presenting thought leadership masterclasses for the global TBWA collective.
"Beyond borders, Jenny is one of the best creatives in the industry and she epitomizes our core agency values of gratitude and growth," says Jill Nykoliation, CEO of Juniper Park\TBWA. "She combines world-class creativity with unwavering humanity, which makes her beloved by both our team and our clients. Jenny leaves an indelible mark on people's careers."
Coming off the back of two Golds at the 2022 Clio Awards, Jenny joins the agency's high-calibre, award-winning executive team, which includes Chief Strategy Officer Des Jones, who recently joined the agency from TBWA\Hunt\Lascaris and was instrumental in the development of TBWA's new strategic methodology, DisruptionX, and CEO Jill Nykoliation, who was recognized as one of Canada's Most Powerful CEOs in 2021 by WXN.
About Juniper Park\TBWA
Juniper Park\TBWA (juniperparktbwa.com) is The Disruption® Company: the cultural engine for 21st century business. A global, award-winning agency located in Toronto, Juniper Park\TBWA uses Disruption® methodologies to develop business-changing ideas for brands. The 130+ team of world-class creators and thinkers serves clients across North America, including CIBC, Nissan, PepsiCo, GoDaddy, among others. It is part of TBWA Worldwide (tbwa.com), named Agency of the Year and Grand Prix winner at the 2021 Effie Awards, one of the World's Most Innovative Companies by Fast Company in 2019, 2020, 2021, and 2022, included on Ad Age's Agency A-List in both 2019 and 2020, and named Ad Age's Network of the Year in 2022. Follow us on Instagram, LinkedIn, and Twitter, or like us on Facebook for the latest updates from the Park.
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| 2022-04-25T20:25:14Z
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KANSAS CITY, Mo., April 25, 2022 /PRNewswire/ -- Kansas City Life Insurance Company (the "Company") announced today that the Board of Directors has elected Walter E. "Web" Bixby, LLIF, as President and Chief Executive Officer of Kansas City Life Insurance Company. He is currently also Vice Chairman of the Board of Kansas City Life, President of Old American Insurance Company, President and Chief Executive Officer of Grange Life Insurance Company.
Mr. Bixby has worked in various roles during his 40 years with the Company. He was elected Assistant Vice President of the Company in 1985; Vice President, Marketing in 1990; Vice President, Marketing Operations in 1992; President of Old American in 1996, Vice Chairman of the Board in 2005; Executive Vice President in 2012; Chief Executive Officer of Grange Life in 2018, and President of Grange Life in 2022.
Mr. Bixby is a fourth-generation member of the Bixby family that has led the Company since 1904. He also serves as a Director of Old American Insurance Company, Grange Life Insurance Company, and Sunset Financial Services, subsidiaries of Kansas City Life.
Mr. Bixby is succeeding the positions of President and Chief Executive Officer after the announcement of the retirement of his brother R. Philip Bixby.
Kansas City Life Insurance Company (OTCQX: KCLI) was established in 1895 and is based in Kansas City, Missouri. The Company's primary business is providing financial protection through the sale of life insurance and annuities. The Company operates in 49 states and the District of Columbia. For more information, please visit www.kclife.com.
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| 2022-04-25T20:25:21Z
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WASHINGTON, April 25, 2022 /PRNewswire/ -- This World Malaria Day 2022, Malaria No More India and Facebook owner Meta, announce an expansion of their malaria campaign partnership established in 2020 to combat the deadly disease in India.
Over the next five years, in an effort to help India achieve its goal to become malaria free by 2030, the partnership commits to expanding the successful "Bite Ko Mat Lo Lite" (Hinglish for "Don't Take the Bite Lightly") national campaign, raising awareness around the risk of vector-borne diseases during India's monsoon season.
The campaign will build upon its 2020 and 2021 outreach efforts that reached over 300 million people via a Facebook ad campaign to deliver life-saving messages about preventing malaria, getting tested, and seeking treatment within 24 hours.
In India's rural communities, where internet connectivity is less accessible – and yet India's malaria burden is at its highest - the partnership aims to leverage Meta's community-based WhatsApp messenger service to support grass roots messaging and peer-to-peer learning among vulnerable populations.
The Bite Ko Mat Lo Lite campaign in India has been shown to increase knowledge about malaria among vulnerable populations, and to influence preventative behavior such as the use of long-lasting insecticide treated bed nets. Malaria No More and Meta have designed the campaign to be easily replicated in other malaria-affected countries with minor modifications to meet epidemiologic and cultural differences.
"We are delighted to partner with Meta as we expand our work in India, leveraging their unique ability to tailor and target our life-saving messages using hyperlocal platforms like WhatsApp," says Martin Edlund, Malaria No More CEO. "Multimedia campaigns like Bite Ko Mat Lo Lite are a critical factor in ending the world's oldest and deadliest pandemic, in one of the world's most populous countries."
"At Meta, we understand the power of communities and how behavior change can be driven by effective campaigns. Bite Ko Mat Lo Lite is an excellent example of inculcating preventive behavior at the grassroot level towards eliminating malaria. Our partnership with Malaria No More India, reiterates our commitment to be the force of good in the country and leveraging our platforms for improving lives. Since its inception, in 2020, the campaign has successfully encouraged individuals, families and communities to take steps to protect themselves from this preventable yet deadly disease," says Ajit Mohan, Vice President and Managing Director, Meta India.
Media Contact: Mindy Mizell, mindy.mizell@malarianomore.org
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| 2022-04-25T20:25:28Z
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University of Colorado School of Medicine researcher recognized for spearheading micronutrient nutrition research to improve fetal health and development
ARLINGTON, Va., April 25, 2022 /PRNewswire/ -- Today, at the Pediatrics Academics Society (PAS) Annual Meeting, the March of Dimes presented Dr. Nancy Krebs from the University of Colorado School of Medicine the 2022 Agnes Higgins Award for her pioneering research on nutrition for moms and infants. Dr. Krebs' research has focused on the impact of nutrition and feeding on infants and young children in the U.S. and international settings. In particular, Dr. Krebs demonstrated that complimentary feedings that include essential micronutrients like zinc, iron and copper should be introduced to breastfed infants by six months of age to maintain nutrient sufficiency and preserve organ development, particularly brain development.
For more than 20 years, the Agnes Higgins Award has recognized the distinguished achievement of leaders in research, education or clinical services in the field of maternal-fetal nutrition.
"As a research scientist, teacher and subject matter expert, Dr. Krebs has dedicated her life's work to advancing the field of maternal-infant nutrition and improving the health of our nation's moms and babies," said Dr. Emre Seli, Chief Scientific Officer at March of Dimes. "She exemplifies what the Agnes Higgins prize is all about and we are grateful to her for her many contributions, including advancing our understanding of micronutrient nutrition in fetal and postnatal immune and brain health."
Dr. Krebs is a leader in her field, with more than 20 years of experience and 350 research and scholarly publications. She currently serves as the Head of the Division of Nutrition and Associate Vice Chair of Academic Affairs in the Department of Pediatrics at the University of Colorado School of Medicine. She received her Doctor of Medicine from the University of Colorado, and is board certified in General Pediatrics, Clinical Nutrition and Pediatric Gastroenterology. Her research has ranged from detailed metabolic studies of trace mineral metabolism across the life cycle to large scale nutrition randomized control trials. The intention of these studies has been to define dietary zinc requirements and to characterize homeostasis, including metabolic regulation and adaptation to different physiologic states in the average infant, specifically those who are breastfed, as well as pregnant and lactating women.
Her work has also addressed populations with low breastfeeding rates and supported breastfeeding initiation and continuation, and she has conducted extensive research applying zinc and iron requirements in vulnerable populations consuming supplements, micronutrient powders and biofortified foods. Most recently, she conducted international research investigating the impact of pre-conception maternal nutrition intervention to improve fetal and infant growth in low resource settings.
Considering how critical micronutrient nutrition is for fetal and postnatal immune and brain health, Dr. Krebs's work in micronutrient nutrition has influenced organizations such as the World Health Organization (WHO), American Academy of Pediatrics (AAP), and the National Institutes of Health, who funds her work. She has also advised the World Health Organization, the Bill and Melinda Gates Foundation and UNICEF.
"I am profoundly honored and humbled to join the esteemed group of Agnes Higgins award winners, many of whom I have looked up to throughout my career. This award affirms the value of rigorous research in expanding and refining the evidence base to impact the well-being of women, children and infants," said Dr. Krebs. "My career in academic medicine has offered me incredible opportunities to be an inquirer, learner and teacher, and I hope more young people are inspired to continue to pursue their passions for equity and sustainability in nutrition, diet and health."
Established in 1980, the March of Dimes Agnes Higgins Award honors the late Agnes Higgins of the Montreal Diet Dispensary for her innovation and years of service to the cause of improved maternal nutrition. Find more information about the Agnes Higgins Award here.
About March of Dimes
March of Dimes leads the fight for the health of all moms and babies. We support research, lead programs and provide education and advocacy so that every baby can have the best possible start. Building on a successful 80-year legacy of impact and innovation, we empower every mom and every family. Visit marchofdimes.org or nacersano.org for more information. Visit shareyourstory.org for comfort and support. Find us on Facebook and follow us on Instagram and Twitter.
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| 2022-04-25T20:25:34Z
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Latest FDA cleared products to round out UNITE hindfoot and ankle trauma portfolio
NORTHFIELD, Ill., April 25, 2022 /PRNewswire/ -- Medline UNITE Foot & Ankle announced today the launch of its FDA cleared Calcaneal Fracture Plating System and IM Fibula Implant. The national launch of these two products will provide surgeons with a comprehensive titanium foot and ankle trauma system to address nearly all fractures requiring ORIF with plate and screw fixation.
"Obtaining FDA clearance and launching these new implant systems comes on the heels of several other recent, successful launches, including the UNITE Jones Fracture Screw System, UNITE Distal Tibia Plating System, and SYNDEX™ with Constrictor® Technology Knotless Syndesmosis Implant System," said Scott Goldstein, director of marketing at Medline UNITE Foot & Ankle. "Since Medline UNITE was first established in 2013, we have consistently and intentionally developed systems that offer the latest in implant design and technology, along with unique, bespoke instrumentation, and design rationale continuity across all systems. The result is a complete offering of implants that allows surgeons to treat patients and improve outcomes, with greater intraoperative speed and efficiency in the OR."
Created around the philosophy of intelligent design, the Medline UNITE Calcaneal Fracture Plating System enables surgeons to handle a broad array of fracture patterns, surgical approaches, and anatomical variations from a single tray. The system is comprised of multiple implant options, including standard, offset, and extension Sinus Tarsi and Perimeter plates, as well as new, large fully threaded 5.5mm and 7.0mm headed cannulated screws. The system also comes equipped with a Sinus Tarsi Extension Plate Inserter, allowing for easy plate insertion and positioning through a sinus tarsi incision, enabling percutaneous screw placement in the posterior tuberosity.
The IM Fibula Implant joins the Medline UNITE Distal Tibia System as a standard option. The novel implant provides surgeons with a new option to treat patients with transverse fibula fractures requiring intramedullary fixation, often associated with distal tibia fractures.
"Unlike a traditional screw, the implant features a special tapered diameter designed specifically to fit within the fibula canal, and a dual-lead thread for faster insertion," said Dr. Scott B. Shawen, MD of Charlotte, N.C. "It's also available in lengths ranging from 65 – 150mm and comes standard in the tray, so our hospital and OR staff can avoid the excess cost and inefficiency of needing to locate and pull a separate tray with extra-long screws, such as a pelvic fracture set."
"At Medline UNITE, we are guided by our design team, which is comprised of multiple fellowship-trained surgeons who bring with them decades of expertise and invaluable insights into the needs of their peers within the foot and ankle subspecialty," Goldstein continued. "Through our collaboration, we have been able to identify crucial unmet needs and have challenged our engineering and product development teams to help advance clinical performance and improve surgical efficiency through intelligent design."
Learn more about Medline UNITE's Foot & Ankle trauma and reconstruction implant solutions at www.medlineunite.com and stay up to date on the latest developments by following the Medline UNITE Foot & Ankle LinkedIn page.
Medline is a healthcare company; a manufacturer, distributor and solutions provider focused on improving the overall operating performance of healthcare. Medline works with both the country's largest healthcare systems and independent facilities across the continuum of care to provide the clinical and supply chain resources required for long-term financial viability in delivering high quality care. With the size of one of the country's largest companies and the agility of a family-owned business, Medline is able to invest in its customers for the long-term and rapidly respond with customized solutions. Headquartered in Northfield, Ill., Medline has 30,000+ employees worldwide, a fleet of nearly 1,200 trucks and does business in more than 125 countries. Learn more about Medline at www.medline.com.
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| 2022-04-25T20:25:41Z
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Retailer continues its commitment to partnering with small, local businesses during Lift Local Supplier Event
GRAND RAPIDS, Mich., April 25, 2022 /PRNewswire/ -- Meijer announced today the return of its Lift Local Supplier Event, giving local businesses across the retailer's six-state footprint the opportunity to virtually showcase their offerings to Meijer buyers and procurement teams.
"Our partnerships with vendors in our footprint allow us to directly impact our local economies," said Peter Whitsett, Meijer Executive Vice President of Merchandising and Marketing. "By featuring local products, we're able to support small businesses while providing our customers with a greater sense of community, offering items that resonate with their values and culture. This event helps us find those unique products and continue sourcing locally."
The July 19-21 virtual event will focus on the following categories:
- Grocery, including fresh, deli and bakery
- Baby
- Beauty and personal care
- Over-the-counter and wellness
Businesses that manufacture or grow retail-ready products in the states of Michigan, Illinois, Indiana, Kentucky, Ohio and Wisconsin can apply by May 20 for consideration here.
"After a successful first event, we're excited to further grow our community of local business vendors," said Jamie Akemann, Group Vice President of Global Sourcing, Indirect Procurement, Supplier Diversity and Product Quality at Meijer. "This isn't just an opportunity for fully-developed brands, but a chance for us to build relationships with small, local businesses and invest in their long-term success."
The summit follows the retailer's third Supplier Diversity event in March, during which Meijer buyers and procurement teams met with more than 200 certified minority-, LGBTQ+-, woman-, veteran- and disability-owned businesses to diversify their vendor base and better serve their customers. These events are part of the retailer's ongoing efforts to enhance the diversity of its business partners and amplify development in its communities.
Once event applications are submitted, Meijer teams will review and select the vendors they would like to meet and will be invited to a virtual or in-person meeting. Suppliers not chosen for the event will still be accessible through the RangeMe registration tools and may be reviewed by Meijer buyers again in the future as business needs change.
While they may not qualify for July's event, local vendors with indirect services or products outside of the previously mentioned categories are still encouraged to submit their information through the retailer's Vendor Hub.
About Meijer: Meijer is a Grand Rapids, Mich.-based retailer that operates 258 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned and family-operated company since 1934, Meijer pioneered the "one-stop shopping" concept and has evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, pet departments, garden centers, toys and electronics. For additional information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.
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https://www.whsv.com/prnewswire/2022/04/25/meijer-seeks-midwest-made-products-its-second-virtual-localization-summit/
| 2022-04-25T20:25:47Z
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SEATTLE, April 25, 2022 /PRNewswire/ -- Millig Design Build, an expert in complex decarbonization retrofits, has announced that Scott McVey, the company's President and Principal-in-Charge, will be a speaker and panelist at this year's International Society for Pharmaceutical Engineering Biotechnology Conference, June 28-30, in Boston.
The ISPE Biotechnology Conference brings together leading pharmaceutical and biopharmaceutical manufacturers, technology providers, academic scientists, and international regulators. Scott McVey will deliver his in-person presentation, entitled 'Accelerating the Journey to Decarbonization' at 3:30 pm EST on June 29th.
"It's an honor to be invited to deliver this presentation at the ISPE Biotechnology Conference," said McVey. "The biopharmaceutical sector has bold, ambitious carbon reduction targets. This event is the perfect opportunity to share specific steps the industry can take now to achieve its Net Zero goals."
McVey's presentation will focus on the challenges the biopharmaceutical sector faces in achieving Net Zero carbon emissions; the technologies available today that can safely replace the fossil fuels the industry uses for electricity and manufacturing processes; and the steps the sector needs to take now to achieve Net Zero by 2050.
Unlike the majority of the manufacturing sector, where most energy consumption comes from process heat, 65 percent of energy consumption in the biopharmaceutical sector arises from stringent environmental conditioning requirements like indoor temperature, relative humidity, air change rate, room pressurization, filtration, and ventilation. Millig Design Build has developed a sequence strategy the biopharmaceutical sector can deploy to meet stringent environmental conditioning requirements and ensure safety and quality, while reducing Scope 1 and 2 carbon emissions associated with electricity and fuel use.
"As a design-build firm, Millig is uniquely positioned to decarbonize critical environments like those found in biopharmaceutical facilities," said McVey. "We deliver value far beyond a decarbonization plan. We provide an actionable roadmap for long-term decarbonization, and we're able to immediately design and install the solutions we identify during our initial analysis phase."
About Millig Design Build
Millig Design Build is an integrated engineering, design, and construction firm specializing in facility improvements that address energy efficiency, building health and safety, and core infrastructure needs. Our mission is to create environments that promote sustainability, wellbeing, and opportunity for communities while efficiently delivering best-value solutions for owners. We have offices in Kansas; Colorado; Oregon; Washington; and Vancouver, Canada. For more information, visit www.milligdb.com.
Media Contact Information:
Amy McVey
Millig Design Build
Phone: 785-865-6054
E-mail: amcvey@milligdb.com
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SOURCE Millig Design Build
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https://www.whsv.com/prnewswire/2022/04/25/millig-design-build-president-is-speaker-2022-ispe-biotechnology-conference-sustainability-biopharmaceutical-industry/
| 2022-04-25T20:25:54Z
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Collaboration brings R&D for lithium-ion battery metal-extraction and recycling technologies to campus
RENO, Nev., April 25, 2022 /PRNewswire/ -- One of the latest companies to further a partnership with the University of Nevada Reno's Nevada Center for Applied Research (NCAR) and locate its research and development on campus is American Battery Technology Company (ABTC). NCAR provides industry and entrepreneurs with access to the University's advanced facilities, equipment and expertise. In the case of ABTC, the partnership is poised to advance battery metal extraction technologies from Nevada-based primary resources and technologies for the recycling of lithium-ion batteries.
ABTC, a lithium-ion battery recycling company, is currently building a 100,000 square foot plant in Fernley, Nevada, and in the meantime has started new development laboratories in the University's Applied Research Facility which is managed by NCAR. The partnership is exploring different areas of collaboration, including a workforce development pipeline for University students.
"This partnership with American Battery Technology Company showcases the role of NCAR and the impact of Nevada's Knowledge Fund support, and it allows us to offer new and exciting experiences to our students," said University President Brian Sandoval. "This is yet another example of how we are helping our students achieve their dreams."
"At a time when there is such a void of U.S. workforce talent with skills and experience to design and commercialize technologies for the extraction and refining of battery metals, we are very fortunate to be working with a premier university such as UNR that embodies some of the top metallurgical and chemical engineering programs in the nation," said ABTC CEO Ryan Melsert. "The partnership with NCAR enables a seamless relationship with the University."
NCAR's track record of collaborative relationships with companies involves flexible, industry-friendly facility-use or fee-for-service agreements. Twenty-four companies, including ABTC, are currently based on campus through NCAR partnerships. Carlos Cardillo, the University's executive director of corporate partnerships, estimated two companies a month are being incorporated into NCAR.
NCAR is supported by the Knowledge Fund through the Nevada Governor's Office of Economic Development. Since its launch in 2015, NCAR-affiliated companies have created more than 158 jobs and earned more than $20 million in venture capital investment. NCAR has also generated $32.6 million in grants, contracts, investments, gifts and agreements to the University.
– @unevadareno –
Media Contact:
Jane Tors
775-240-8686
jtors@unr.edu
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SOURCE University of Nevada, Reno
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https://www.whsv.com/prnewswire/2022/04/25/nevada-center-applied-research-extends-university-co-location-american-battery-technology-company-latest-partnership/
| 2022-04-25T20:26:01Z
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nameless Twitter Spaces "Metanomics" and "The Name Drop" Feature the Most Innovative Minds in Web3, Metaverse and NFTs
DALLAS, April 25, 2022 /PRNewswire/ -- THE METAVERSE, nameless announces Metanomics sweeps week launching May 2. The week will feature daily Metanomics shows focused on different gaming themes including play-to-earn, Blockchain Gaming, and gaming NFTs.
Metanomics is a newsletter and podcast hosted by Andrew Agopsowicz, the world's first NFT Economist. Agopsowicz interviews founders who are building in the metaverse, asking questions on the challenges and advantages of working within web3. The newsletter features weekly news on the metaverse, monthly economic updates on digital real estate and play-to-earn, and topical commentary on the space's most important issues.
Since the first show in January, Metanomics has featured an esteemed list of guests, including nameless CEO Jimmy McNelis, High Snobiety Co-Founder Jeff Carvahlo and Former baseball player turned NFT artist Micah Johnson.
Outside of sweeps week, Metanomics drops new episodes every other Thursday at 12 pm PST/3 pm EST.
Nameless also hosts The Name Drop, a podcast style Twitter Spaces dedicated to elevating web3 discussion, while shining a light on the metaverse's brightest minds. Each show is part of a conversational anthology laddering up to a singular motif. The subject of Series 1 is Foundation, and includes six episodes covering the foundational topics listed below.
- Building in the White Space (Aired 2/19)
- Art & Artistry In The Metaverse (Aired 4/19)
- Finding Your Place(s) in web3
- NFTs, Art, & Impact
- web2 to web3 Deconstruction
- Blockchain Evolution | Elevation
Nameless Head of Marketing Anthony Asencio serves as producer for both podcasts. Asencio is a marketing expert with 15 years of experience in brand partnerships, media strategy, and cross-platform execution.
The Name Drop is hosted on the nameless Twitter handle @nameless_nft, and has featured guests Nate Alex (Secret Projects Founder), Noah Davis (Howlerz Founder/Artist), and Bart Wyatt (nameless CTO).
About nameless
Nameless is a non-fungible token (NFT) platform as a service software company that empowers businesses, individuals, and digital creators to create, mint, and capitalize on their own custom NFT projects through an easy to use, scalable API solution. To learn more about nameless and its proprietary technology and partnerships, please visit www.nameless.io.
Anthony Asencio, Marketing Director | Head of Marketing, nft42
Anthony Asencio is the Head of Marketing for nft42 (nameless and Avastars). He is a marketing expert with extensive experience in brand partnerships, media strategy, and cross-platform execution. Prior to joining nft42, Anthony was the Director of Marketing at Superplastic, after almost six years with Complex Networks in the media conglomerate's Brand Partnerships Studio. He is a former entrepreneur and Founder of Xtrovertd Media a division of Xtrovert Industries, LLC, the first company to broadcast global rap superstar Drake live on the internet. Over the course of his career, Anthony has produced brand campaigns and managed large scale activations for companies such as McDonald's, Old Spice, Frito-Lay, Formula 1, Universal Music Group, Intel, Dropbox, Pabst Blue Ribbon, and many more.
Andrew Agopsowicz, NFT Economist at nameless, host of Metanomics
Andrew Agopsowicz is an economist who studies the NFT market. Before joining nameless, he worked as a Senior Economist in Canada, studying labor markets and the macroeconomy in both the public and private sector. His research and commentary has been used to inform public policy and is routinely featured on national broadcasts for outlets such as Bloomberg and the CBC in Canada. Andrew has been collecting NFTs since 2019 and particularly enjoys collecting generative art. He holds a Bachelor's of Science (honors) in Economics at the University of Victoria and specialized in labor economics during his graduate studies at the University of Western Ontario. Andrew is based in Ottawa, Canada.
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SOURCE nameless
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https://www.whsv.com/prnewswire/2022/04/25/new-twitter-spaces-metanomics-nameless-launches-sweeps-week-with-daily-episodes-gaming/
| 2022-04-25T20:26:09Z
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BEAVERCREEK, Ohio, April 25, 2022 /PRNewswire/ -- Apogee Engineering announced today that it plans growth in its Dayton area offices, with expansion to hire 150 additional personnel to support its work with its defense and civilian customers through 2025.
The drivers for its recent and projected growth include the continuation and expansion of the current contracts it has secured in the Dayton area. "As part of this growth, Apogee plans to hire 150 corporate and technical team members by 2025, an estimated $15 million in local payroll. The Dayton Development Coalition (DDC) and JobsOhio have been instrumental in navigating our expansion options and we are excited to grow in Greene County with an initial 20,000 square foot facility to include our state-of-the-art lab space. As an Ohio native, I'm proud to expand this culture-based company that focuses on its employees and the mission," said Amber Scott, Apogee Vice President of Corporate Operations.
The company's rapid growth allowed them to seek assistance through the DDC, JobsOhio, and the State of Ohio. The Ohio Tax Credit Authority approved Apogee a Job Creation Tax Credit. JobsOhio plans to provide assistance for the project, which will be made public after a final agreement is executed. "For 12 years, Apogee has delivered creative and adaptive engineering services to the Dayton region, centered around Wright Patterson Air Force Base. The awarded economic funds will allow us to commit additional infrastructure and personnel to the expanding challenges of National Defense, including big data intelligence analysis, applying AI and ML sciences, and employing offensive and defensive cybersecurity measures," said Frank Varga, Apogee Vice President of Operations.
Apogee worked closely with the Dayton Development Coalition and JobsOhio on the project, which is being supported with Job Creation Tax Credits from the Ohio Tax Credit Authority. "Apogee Engineering is a critical part of our region's defense ecosystem and we're thrilled they will continue to grow in the Dayton Region," said Julie Sullivan, the Dayton Development Coalition's Executive Vice President for Regional Development. "Their expansion will provide excellent opportunities for our IT and cyber workforce to continue to support our national security. We believe they have a bright future in the Dayton Region."
Founded in 2004, Apogee is a private, minority-owned firm, headquartered in Colorado with regional offices in Ohio, Florida, and Virginia. Apogee provides both defense and civilian customers with engineering & science, IT, software solutions, mission support, management, and cyber security services. Candidates seeking employment with Apogee are asked to visit their website at www.apogeeusa.com/careers to see a full list of open positions, including the ability for external individuals to receive up to $20K for referring qualified and hired candidates.
About Apogee Engineering
Apogee leads the advancement of national security and defense solutions with premier teams of empowered professionals. They value visionary leadership, family-oriented engagement, and a passion for excellence. Apogee specializes in identifying, mitigating, and resolving customers' most complex challenges. Headquartered in Colorado Springs, CO, with management offices in Dayton, OH, Suffolk, VA, and Tampa, FL, Apogee provides expertise in the following functional areas: Engineering & Science, Research, Training, Tech & Management Services, Cyber, and Analysis with Domains across Air, Cyber, Intel, Space, Science & Technology, and Land & Sea. Learn more at www.ApogeeUSA.com
Press Contact: Rhea Phaneuf, PR & Communications Specialist
Telephone: 719-229-7815
Email: Rhea.Phaneuf@ApogeeUSA.com
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SOURCE Apogee Engineering LLC
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https://www.whsv.com/prnewswire/2022/04/25/ohio-economic-funds-approved-apogee-engineering-bringing-150-new-jobs-dayton-oh/
| 2022-04-25T20:26:17Z
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NBA HALL-OF-FAMER TO MEET WITH PARTNERS, LANDOWNERS, CUSTOMERS, GOVERNMENT OFFICALS AND OTHERS IN CALI AND BOGOTÁ
LAS VEGAS and BOGOTÁ, Colombia, April 25, 2022 /PRNewswire/ -- One World Products, Inc. (OTCQB: OWPC) ("One World," "OWP," or the "Company"), the largest Black-controlled, fully-licensed hemp and cannabis producer in Colombia, is pleased to announce that its Chairman and CEO, Isiah Thomas, will visit Cali and Bogotá in Colombia from April 26-28, 2022.
"I am thrilled to be returning to Colombia to meet with our partners, landowners, customers, government officials and other companies on our first trip without stringent COVID-19 travel restrictions," stated Mr. Thomas. "After recently signing our partnership agreement with the National Association of Mayors of Municipalities with Afro-Colombian population ("AMUNAFRO"), I'm excited for this opportunity to meet the mayors in person to reaffirm our long-term core commitment to ESG standards, to further expand our ability to perform in the marketplace and to build a strong foundation with an organization which is so rich in culture and heritage."
Mr. Thomas added, "Our partnership is committed to strengthening the economic viability of Afro-Colombian communities by utilizing One World Products' existing partnerships and experience as a leader in the cannabis and hemp industry. The goal of both OWP and AMUNAFRO is to serve the Afro-Colombian community through the formation of a business consortium of Afro-Colombian small and emerging business entities with an interest in the cultivation of industrial hemp.
"Our partnership will also serve as a vehicle for creating a database of public and private organizations in Colombia to create a clearinghouse for synergy and growth," continued Mr. Thomas. "Together, OWP and AMUNAFRO will expand technical and economic cooperation in the areas of trade, education, sports, tourism, and income generation for the benefit of the population. We are currently in the process of creating a task force to identify areas of sustainable growth and maintain the alliance while also meeting with federal government officers, embassies, and African-descendant mayors to identify and further common goals. The task force will also seek input from sector representatives, trade stakeholders, and high-ranking officials. This week's trip to Colombia enhances this vital process going forward. We are excited about the future of OWP as we continue to be a pioneer in the burgeoning industrial global hemp and cannabis space."
About Isiah Thomas
Isiah Thomas was inducted into the National Basketball Association (NBA) Hall of Fame in 2000 after spending his entire career with the Detroit Pistons. He was a 12-time NBA All-Star, a two-time NBA champion, the 1990 NBA Finals Most Valuable Player, and named as one of the 50 Greatest Players in NBA History. Today, Mr. Thomas serves as an analyst for NBA TV and is an accomplished and highly respected international business executive and investor. His portfolio of companies was developed through Isiah International, Inc. Mr. Thomas previously served on the Chicago Stock Exchange's Board of Governors, was a co-founder of the NBA's Toronto Raptors, Popcorn Indiana, and was a member of the Board of Get-in Chicago, an organization that focused on preventing gang violence in Chicago. He is a Distinguished Alumnus of Indiana University, where he earned his Bachelor of Arts in Criminal Justice. He also received his Master of Education from the University of California at Berkeley.
Mr. Thomas' business interests include sports and entertainment, real estate, waste management, hemp, cannabis, and a CBD personal products company, among others. In addition, Mr. Thomas has developed a very successful champagne business, Cheurlin Champagnes. He has cultivated excellent relationships with the grower, employees, and the French government. As a result, he now owns the proprietary genetics for the Champagne grapes he produces and has perfected an international import/export system for the global distribution of the product. More information is available at www.isiahinternational.com.
About One World Products, Inc.
One World Products is the largest Black-controlled, fully licensed hemp and cannabis producer with offices in Las Vegas, Nevada, and offices and operations in Bogota and Popayan, Colombia. One World Products planted its first crop of cannabis in 2018 at its cultivation site in Popayan, Colombia, and began harvesting commercially in the first quarter of 2020. The Company expects to supply its global clients with the highest quality industrial and commercial applications for cannabis, hemp, and hemp products, including derivatives in crude oil, distillate, and isolate forms with industrial-scale production to serve global cannabis and hemp demand. Its products will be produced and tested according to GAP, GMP and ISO standards.
One World Products was recently selected by Stellantis N.V., one of the world's largest automotive manufacturers with brands such as Chrysler, Dodge, Fiat, Maserati, and Peugeot - to develop and supply hemp-based bioplastic solutions for interior and exterior components.
As its name suggests, One World also focuses on environmental, social, and governance (ESG) standards. Emphasizing its impact on the environment and ensuring that its employees, particularly those within its Colombia operations, are valued and recognized for their contributions, while maintaining stewardship over their indigenous land. For more information, please visit https://oneworldproducts.com/.
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SOURCE One World Products, Inc.
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https://www.whsv.com/prnewswire/2022/04/25/one-world-products-chairman-amp-ceo-isiah-thomas-visit-colombia-this-week/
| 2022-04-25T20:26:23Z
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The Temple Trolley Track makes its anticipated debut in early April; aligning perfectly with World Autism Awareness Month
CHATTANOOGA, Tenn., April 25, 2022 /PRNewswire/ -- Play & Park Structures, a PlayCore Company, is excited to announce the Temple Trolley. Putting a new spin on a traditional track ride, the Temple Trolley offers a unique free-spinning experience while gliding from one end to the other.
Paramount to the creation of the new Temple Trolley ride is the long-standing partnership between Play & Park Structures and world-renowned scientist, inventor, author, and advocate for people with autism, Dr. Temple Grandin. Diagnosed with autism as a child, Dr. Grandin has provided invaluable insight into how kids with autism can be influenced by structures we build. Her childhood experiences were the inspiration for the Temple Trolley.
"This is just like a piece of the equipment a teacher built for me when I was a child," said Grandin. "I enjoyed flying through the air, spinning, and riding it over and over again."
The CDC estimates that 1 in 44 children are identified with Autism Spectrum Disorder (ASD). While ASD is known to be more commonly diagnosed in boys, the disorder does not discriminate against racial, ethnic, and socioeconomical backgrounds. Through our collaboration with Dr. Grandin and other researchers and experts, Play & Park Structures will continue to offer exceptional outdoor experiences to children of all abilities.
"So many communities ask us how they can incorporate equipment for children with autism in their playground designs," said Lindsay Hill Sr. VP and Group Manager, Play & Park Structures. "Having Dr. Temple Grandin as a partner has allowed us to develop and validate specific playground equipment events that will serve people with autism of all ages."
With its free-spinning ability, the Temple Trolley offers a new playground feature with an ideal multi-sensory experience. Spinning is a sensory-rich movement that can offer a calming sensation for both children and adults with Autism. By combining spinning with gliding and swinging motions, the Temple Trolley offers a perfect trifecta of fun! Experience Play & Park Structure signature ride today.
About Play & Park Structures
Since 1976, Play & Park Structure's mission has centered around developing playground equipment products, programs, and services that enhance learning, create environmental awareness, promote physical activity, and build communities. Learn more at www.playandpark.com
Contact:
Kelly Ellington
Director, Marketing & Product Development
423-425-3198
Kelly.Ellington@playcore.com
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https://www.whsv.com/prnewswire/2022/04/25/play-amp-park-structures-celebrates-world-autism-awareness-month-with-product-release-their-signature-ride-temple-trolley/
| 2022-04-25T20:26:30Z
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Plans provide 24/7 access to a 5-step success method. Includes weekly access to Q&A session, and mini courses, all searchable by keywords, beginning April, 2022
ORANGE COUNTY, Calif., April 25, 2022 /PRNewswire/ -- Potty training season is almost here, and we are happy to provide eager parents around the globe with easy-access to an effective plan, resources and support to increase their family's potty training success. The most commonly asked questions of "When should I start potty training?" and "How do I potty train my child?" are answered with the click of a few buttons. Personalized responses to questions are provided by employed, trained and background checked potty training experts. Gone are the days of wondering "Is this working?" Here are the days of using a method that meets your family at your level and leads you through a 5-stage potty training process for success.
Know a child in diapers? Now is the time to gift (yourself or another caregiver!) the support loved ones will appreciate their whole journey through, from Diapers-to-Flush, conveniently the name of the new membership offering by The Potty School ®. This membership is geared for caregivers of children ages 18 months - 5 years, who are both typical and special needs children.
We help parents who are at a loss of where to start, feeling overwhelmed and/or are discouraged to gain the confidence, know-how and support needed in order to get their children out of diapers.
This new offering is in addition to The Potty School's previous offerings serving parents with children ages 0-17 months (Elimination Communication), 18 months - 5 years (Potty Training for neurotypical children) and 0-9 years (Special Needs), via Consultation Calls, Home Consults and Online Courses.
Diapers-to-Flush online membership is $49/month, with discounts on multi-month purchases. For 50% off your first month use code: D2F50OFF at checkout (Eligible for first-time orders only with a minimum retail purchase price of $49.00).
Diapers-to-Flush online membership is $149/3-months, with discounts on multi-month purchases. $249/6-months (+ a Potty Box!) and $949/Lifetime-access (+a Potty Box!). For 10% off your order, use code D2F10 at checkout (Eligible for first-time orders only. Expires 5/31/22, 11:59 pm PDT).
About The Potty School LLC
The Potty School® is a leader in teaching, consulting and encouraging parents to successfully potty their children via phone, virtually and in-person. Families and caregivers can choose from consultations, courses or a membership. From diaper to flush, we'll have a way to support you. For more information about the Diaper to Flush membership, visit www.thepottyschool.com/diapers-to-flush. For more information about the company The Potty School®, visit www.thepottyschool.com, or follow us on Facebook: www.facebook.com/ThePottySchool or Instagram: @ThePottySchool
Contact:
Michelle Swaney
michelle@thepottyschool.com
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SOURCE The Potty School
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https://www.whsv.com/prnewswire/2022/04/25/potty-school-unveils-first-ever-online-potty-training-membership-diapers-to-flush/
| 2022-04-25T20:26:37Z
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Television Stars Randy Fenoli, Chef Alex Guarnaschelli, Adam Savage, and Page Turner to Officially Name Cruise Line's Newest Ship
SANTA CLARITA, Calif., April 25, 2022 /PRNewswire/ -- Television stars and show hosts will unite as godparents to officially name the newest Princess Cruises ship – Discovery Princess. Fashion designer Randy Fenoli, chef Alex Guarnaschelli, special effects designer, and fabricator Adam Savage, and real estate broker and flipper extraordinaire Page Turner will come together for the maritime naming ceremony tradition at the Port of Los Angeles on April 29.
For the past seven years, Princess has offered the cruise line's exclusive Discovery at SEA™ program – bringing the spirit of curiosity and exploration to every cruise through branded experiences like Shark Week at Sea, exclusive shore excursions and onboard activities such as the Camp Discovery youth centers and Stargazing at SEA.
"Bringing together these four experts and personalities to name Discovery Princess for the launch of our newest ship is an exciting moment for Princess," said John Padgett, Princess Cruises president. "Our impressive godparents, who represent the best in food, style, wonder and exploration, bring their imaginative and inspirational talents together to celebrate this momentous occasion. We look forward to exploring what we all can do together in the future."
The impressive credentials of the four godparents of Discovery Princess include:
Randy Fenoli – Born on a cattle farm in Southern Illinois, Randy is the youngest of seven children. Driven by his fascination for design, Randy taught himself to sew at the early age of nine. At twenty, Randy received a license as a hair stylist and makeup artist. Randy's passion for fashion and design then led him to the prestigious Fashion Institute of Technology in NYC. From 2007-2012 Randy worked as Fashion Director at New York's Kleinfeld Bridal Salon where he consulted with nearly 15,000 brides a year. Today as the star of TLC's "Say Yes to the Dress", "Big Bliss", "Randy Knows Best", "Randy to the Rescue", "Say Yes to the Dress Benelux", and "Say Yes to the Dress America", is seen by millions of viewers in approximately 150 countries. Randy has just finished filming season twenty-one of SYTTD. As the most trusted source in the Bridal Industry, it is Randy Fenoli's mission to "Educate, Elevate, and Empower" every bride to choose the most important dress in her life and for all women to realize their own personal beauty.
Chef Alex Guarnaschelli – world-renowned chef who, after attending La Varenne Culinary School in Burgundy, France, began her international culinary journey training in Paris and New York with some of the world's most acclaimed chefs including Guy Savoy and Daniel Boulud. In 2003, Guarnaschelli was given the opportunity to expand her repertoire and become the executive chef at Butter, where she has since created her own eclectic American and green-market inspired menu. She first appeared on Food Network in 2006 and has since been part of hundreds of episodes on the network, including as a judge on Chopped, co-host of The Kitchen, host of Supermarket Stakeout and star of Alex vs. America. She hosts the award-winning digital series, Fix Me a Plate and is the author of three cookbooks, including "Cook With Me: 150 Recipes for the Home Cook (2020).
Adam Savage – special effects designer and fabricator, television personality and producer, Original host of the Emmy-nominated Discovery series Mythbusters, Savage has spent his life gathering skills that allow him to take what's in his brain and make it real. He's built everything from giant Buddhas and futuristic weapons, to fine-art sculptures. His previous positions include projectionist, animator, graphic designer, carpenter, interior and stage designer, toy designer, welder and scenic painter. In 1993, Savage concentrated his career in the special effects industry, honing his skills through more than 100 television commercials and a dozen feature films, including Star Wars Episodes I and II, Galaxy Quest and the Matrix sequels. In 2003, he was chosen to produce and co-host MythBusters. Fourteen years, 279 episodes, 1,015 myths, 2,950 experiments, eight Emmy nominations and 83 miles of duct tape later, that version of the series ended in March 2016. Since then, Savage has hosted MythBusters Jr., as well as a brand-new series, Savage Builds, which premiered on the Science Channel in 2019. Today, Savage is the Editor-in-Chief and lead content creator at Tested.com.
Page Turner – entrepreneur extraordinaire, real estate broker, flipping expert, executive producer, TV host, vision strategist and founder of EGAP Real Estate and Do the Work, Inc. After working for many years under the tutelage of great humanitarians such as Magic Johnson, Turner is a self-starter and successful entrepreneur who has been a real estate broker, flipper and investor for more than two decades, a published author of "The G.O. Life," owns Do the Work, Inc. and BLW Productions, and is co-creator, executive producer and host of her second hit HGTV show Fix My Flip. She's an expert in all facets of residential real estate, flipping, investing, building businesses and persevering through tough times. As a single mom to three girls, Turner solely supported her daughters (including twins) through private school and top universities. Her vision, resilience and work ethic (her motto is #dothework) have propelled her to the top of her industry.
Discovery Princess expands the cruise line's fleet of MedallionClass ships to 15, offering elegantly appointed accommodations, world-class entertainment, gourmet dining and cocktails, extensive alfresco dining areas and expansive views from the cruise line's largest balconies at sea in the Sky Suites.
The 3,660-guest Discovery Princess was built at the Fincantieri Shipyard in Monfalcone, Italy, and is the sixth and final Royal-Class newbuild sharing all of the spectacular style and luxury of her sister ships – Enchanted Princess® Sky Princess®, Majestic Princess®, Regal Princess® and Royal Princess®.
As part of the leading cruise line on the west coast, Discovery Princess debuted in Los Angeles on March 27, sailing a series of Mexican Riviera and California Coast voyages from March 27 – April 24. After the naming ceremony in Los Angeles on April 29, the ship will head up the Pacific coast to begin a season of seven-day Alaska cruises from Seattle, making her the newest ship sailing in the Alaska region.
With an array of innovative new experiences, guests will enjoy 270-degree sweeping views from the Princess' largest balconies at sea in the Sky Suites, unwind in ultimate comfort at The Sanctuary and indulge the senses with world-class dining options. Plus, Princess live entertainment presents mesmerizing Broadway-style production shows that can only be seen in the state-of-the-art Princess Theater, including the newest show, Spotlight Bar.
In addition, Discovery Princess delivers Princess MedallionClass Vacations which begin with the Medallion™ wearable, a quarter-sized, device that enables everything from expedited contactless boarding to locating loved ones anywhere on the ship, as well as enhanced service like having whatever guests need, delivered directly to them, wherever they are on the ship. In addition, guests can share their favorite cruise moments using MedallionNet, the best Wi-Fi at sea, as well as stay connected with friends and family back home, work remotely anywhere on the ship, quickly post content and stream favorite movies and shows.
Discovery Princess also offers signature Princess venues and amenities including the Piazza, Lotus Spa, The Sanctuary, Movies Under the Stars, Gigi's Pizzeria, Good Spirits at Sea Bar, Vegas-Style Casino, The Shops of Princess, Camp Discovery Youth & Teen Center and Discovery at SEA™ programs.
More information about Discovery Princess can be found at https://www.princess.com/ships-and-experience/ships/xp-discovery-princess/
Additional information about Princess Cruises is available through a professional travel advisor, by calling 1-800-PRINCESS (1-800-774-6237), or by visiting the company's website at http://www.princess.com/.
One of the best-known names in cruising, Princess Cruises is the world's leading international premium cruise line and tour company operating a fleet of 15 modern cruise ships, carrying millions of guests each year to 330 destinations around the globe, including the Caribbean, Alaska, Panama Canal, Mexican Riviera, Europe, South America, Australia/New Zealand, the South Pacific, Hawaii, Asia, Canada/New England, Antarctica, and World Cruises. A team of professional destination experts have curated 170 itineraries, ranging in length from three to 111 days and Princess Cruises is continuously recognized as "Best Cruise Line for Itineraries." In 2017 Princess Cruises, with parent company Carnival Corporation, introduced MedallionClass Vacations enabled by the Medallion device, the vacation industry's most advanced wearable device, provided free to each guest sailing on a MedallionClass ship. The award-winning innovation offers the fastest way to an effortless personalized vacation, giving guests more time to do the things they love most. The company is part of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK).
In line with the latest advice from health officials about COVID-19, Princess Cruises is currently enhancing health and safety protocols with input from medical experts and government bodies and assessing how they may impact future itineraries. Actual offerings may vary from what is displayed in marketing materials. Click on the following links to stay updated on current Cruise Updates and Health & Safety protocols.
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| 2022-04-25T20:26:43Z
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Deal Targets Growing and Underserved Florida/SE Market, Gives PRO EM Full National Footprint
PHOENIX, April 25, 2022 /PRNewswire/ -- PRO EM National Event Services, recognized for its work with major national events such as Super Bowl LV, Coachella, The Grammys and The WM Phoenix Open, today announced the acquisition of Florida-based Kirby Rentals, LLC, one of the Southeast's largest suppliers of tents and other event equipment. Along with its assets, PRO EM will retain the services of Kirby's highly qualified executive team.
For PRO EM, the acquisition increases its diversity of assets and services, and enables the event leader, with existing facilities in Phoenix, Chicago, and Los Angeles, to expand its geographic footprint, and better serve its customer base in the southeast region. Founded in 1946, Kirby Rentals has earned a distinguished reputation as one of the Southeast region's top event service providers.
"Kirby is a key acquisition because it expands our slate of services and allows us to better serve our existing client base in the Southeast region. But big picture, this gives PRO EM a complete national footprint as we execute events for the biggest brands in the world," enthused Amir Glogau, Chairman & CEO, PRO EM National Event Services. "Last but certainly not least, this acquisition gives PRO EM an immediate infusion of highly qualified talent. Kirby's team has been doing this very successfully, and for longer than almost anyone. We're thrilled to welcome their team into the PRO EM family."
"Kirby Rentals has had decades of great achievements and success in the ever-evolving hospitality industry. We are very excited and confident that joining the PRO EM family will enhance our opportunities, achieve our goals, and take Kirby to the next level," said Jeff Frame, President, Kirby Rentals.
John Haener represented the seller in the transaction.
Delivering services to over 4,500 events annually, PRO EM is the industry leader in event management, planning and logistics, supplying equipment and materials for any size occasion, including tents and clear-span structures, portable generators, light towers, heating and cooling units, fencing, barricades, tables, chairs, linens, china, portable restrooms, and other event-related equipment.
About PRO EM National Event Services: Headquartered out of Phoenix, AZ, PRO EM National Event Services provides its best-in-class event management, planning and logistics services to events large and small, all across the United States. The company's flagship event, The WM Phoenix Open has been called "The Greatest Show on Grass" and features the famous 16th hole, where PRO EM essentially builds a 14,000-seat arena on grass – a feat unmatched in the event industry, or almost anywhere else. For more information, please visit https://proem.org/ or connect with us on Facebook, Instagram, LinkedIn, YouTube, or Pinterest.
Contact:
Mark Ballard
Harmonica / PRO EM
mark@harmonica.co
+1 646-391-0453
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SOURCE PRO EM
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| 2022-04-25T20:26:50Z
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The company enables users to connect to authoritative GIS content from ArcGIS to build synthetic environments for AI training
BELLEVUE, Wash., April 25, 2022 /PRNewswire/ -- Rendered.ai, the leading platform for physics-based synthetic data, today announced a partnership with Esri, the global leader in location intelligence.
Finding and acquiring unbiased data to train algorithmic learning systems is expensive and time-consuming and significantly inhibits effective use of artificial intelligence (AI) and machine learning (ML) technologies. The Rendered.ai Platform as a Service enables customers working on AI and ML Computer Vision (CV) applications to be able to supplement real sensor datasets with engineered data that can help reduce bias, improve training accuracy, and support innovation.
After successful projects in Earth Observations with customers such as the National Geospatial-Intelligence Agency, Rendered.ai intends to deepen the company's capability and technology for synthetic satellite and aerial training data using simulation capability ranging from visible light imagery to Synthetic Aperture Radar (SAR).
"Many ArcGIS users have access to reality capture content, such as aerial and satellite imagery but are limited by the expense and difficulty of obtaining AI training datasets," said Chris Andrews, COO of Rendered.ai. "With the ability to combine ArcGIS services and Rendered.ai's capabilities, we have the opportunity to enable users to access inexpensive and easily configurable training data that can be used with Esri's deep learning tools to help extract knowledge and information from the content that users already own and license."
"We're excited to work with Rendered.ai to explore the exciting domain of synthetic data as an enabler of GeoAI," said Beau Legeer, Esri's Director of Remote Sensing and Imagery. "Esri has always been about achieving insight through data and analysis and Rendered's capabilities enable our users to unlock knowledge from their Imagery content to enhance their GIS through easier access to training data that works with our deep learning toolkit and other GeoAI applications."
Based on the partnership activity, Rendered.ai is releasing a new synthetic data application, the "Rendered.ai Channel for ArcGIS" that can be explored by users who are interested in combining existing satellite imagery with 3D content to generate example training data. The channel will be available for demonstration at the US Geospatial Intelligence Foundation's annual GEOINT symposium, happening in Aurora, Colorado in April. The integration with ArcGIS will be featured in a tutorial session on Creating and Using Synthetic Data for Computer Vision Applications on Tuesday morning of the event.
"The diversity and complexity of Earth Observation applications makes it hard for users to acquire enough data to be able to train and validate AI for their specific applications," said the CEO of Rendered.ai, Nathan Kundtz, Ph.D. "The Esri partnership enables whole new groups of users who previously had poor or no access to training data to use standard GIS services and content to make it easier than ever to train AI based on physically accurate simulated content."
About Esri
Esri, the global market leader in geographic information system (GIS) software, location intelligence, and mapping, helps customers unlock the full potential of data to improve operational and business results. Founded in 1969 in Redlands, California, USA, Esri software is deployed in more than 350,000 organizations globally and in over 200,000 institutions in the Americas, Asia and the Pacific, Europe, Africa, and the Middle East, including Fortune 500 companies, government agencies, nonprofits, and universities. Esri has regional offices, international distributors, and partners providing local support in over 100 countries on six continents. With its pioneering commitment to geospatial information technology, Esri engineers the most innovative solutions for digital transformation, the Internet of Things (IoT), and advanced analytics. Visit us at www.esri.com and at GEOINT 2022 in booth #523.
About Rendered.ai
Rendered.ai is a Platform as a Service for synthetic data generation that puts physically accurate sensor modeling and a closed-loop data engineering workflow in the hands of data scientists and innovators. Founded by physicist Nathan Kundtz, Rendered.ai has created and powers the first-ever developer framework for synthetic data, turning simulation tools into synthetic data capabilities which includes scenario generation, 3D model libraries, asset management, compute management, annotation, metadata management and more. Rendered.ai is a privately held company based in Bellevue, Washington. For more information on the company and to sign up for a free account, please visit: www.rendered.ai. You can also visit Rendered.ai at GEOINT 2022 in booth #835.
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| 2022-04-25T20:26:57Z
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LOS ANGELES, April 25, 2022 /PRNewswire/ -- Internationally renowned musician Stix Hooper, best known as one of the founding members of the seminal group The Crusaders, (which garnered numerous platinum and gold albums during their amazing 30-year career) will release his latest album, Orchestrally Speaking, on Thursday, April 28th. The highly anticipated record will be available on Amazon, Spotify, iTunes, and Hooper's website at www.StixHooper.com, or wherever you purchase your music.
A multi-Grammy-nominated artist and acclaimed master percussionist, Hooper used his comprehensive talents as composer, arranger, songwriter, drummer, and conductor to bring Orchestrally Speaking to life. Always a musical innovator, his current music provides a new, fresh perspective on an already impressive body of work that continues to move the boundaries of music forward in an unexpected direction. The result is a record that reflects both the evolution and culmination of the full musical spectrum of Hooper's career.
Hooper takes a different approach with this latest recording, revisiting many of his own original compositions, expanding beyond his characteristic groove, to explore the orchestral genre. Orchestrally Speaking is a symphonic, colorful expression of the different shades of love, harmony and romance we all experience.
Hooper has gathered an all-star group of some of the world's finest musicians to join him, including American flautist Hubert Laws, whose artistic mastery is heard on several tracks; Russian pianist Eugene Maslov, whose exquisite piano playing is heard throughout; Swedish guitarist Andreas Oberg; and the late Brazilian guitarist Oscar Castro-Neves, who sets the pace and Latin flavor of "Sombrero De Flamenco."
The record features seven tracks rich in lush arrangements and emotionally expressive melodies, bridging a variety of genres from jazz to classical and Latin rhythms. Unifying it all is Hooper's own performance and strong sense of orchestral arrangement, that allows each musician to shine on every song.
"This new recording features a group of international musicians, reflecting the universal appeal and global influence of music. Free of cultural, ethnic, and racial boundaries, it celebrates the artistic camaraderie and integrity that results when kindred artistic spirits share a common bond of personal expression. I'm very excited about it," states Hooper.
Once again, Hooper pushes the musical envelope in unexpected ways with Orchestrally Speaking taking his listeners on a whole new musical journey.
For track list and media information, visit: https://bit.ly/StixHooperSpring2022
CONTACT: Nina Gordon Public Relations; 310-467-2131; ngpr2@sbcglobal.net
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| 2022-04-25T20:27:03Z
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NEW YORK, April 25, 2022 /PRNewswire/ --
- A closed-end fund that invests in global equities using a disciplined value approach
- Average weekly trading volume of approximately 44,621 shares
- Fund's adviser has more than 40 years of small- and micro-cap investment experience
*Not Annualized
Important Performance and Expense Information
All performance information reflects past performance, is presented on a total return basis, and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. Returns as of the most recent month-end may be obtained at www.royceinvest.com. The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold.
The Fund invests primarily in securities of small-cap and mid-cap companies, which may involve considerably more risk than investing in larger-cap companies. The Fund's broadly diversified portfolio does not ensure a profit or guarantee against loss. From time to time, the Fund may invest a significant portion of its net assets in foreign securities, which may involve political, economic, currency and other risks not encountered in U.S. investments.
1Geometric Average: This weighted calculation uses each portfolio holding's market cap in a way designed to not skew the effect of very large or small holdings; instead, it aims to better identify the portfolio's center, which Royce believes offers a more accurate measure of average market cap than a simple mean or median.
2Harmonic Average: This weighted calculation evaluates a portfolio as if it were a single stock and measures it overall. It compares the total market value of the portfolio to the portfolio's share in the earnings of its underlying stocks.
The Price-Earnings, or P/E, ratio is calculated by dividing a company's share price by its trailing 12-month earnings-per-share (EPS). The Fund's P/E ratio calculation excludes companies with zero or negative earnings (14% of portfolio holdings as of 03/31/22). The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.
The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.
Net leverage is the percentage, in excess of 100 %, of the total value of equity type investments, divided by net assets.
Portfolio Composition
Recent Developments
The investment goal of Royce Global Value Trust is long-term growth of capital. Under normal market circumstances, the Fund will invest at least 80% of its net assets in equity securities, such as common stock and preferred stock, and at least 65% of its net assets in the equity securities of companies located in at least three countries outside of the United States. Royce & Associates, LP manages the Fund.
Daily net asset values (NAVs) for Royce Global Value Trust are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XRGTX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.royceinvest.com.
An investor in Royce Global Value Trust should consider the Fund's investment goals, risks, fees, charges, and expenses carefully before purchasing share's of the Fund's common stock.
Important Disclosure Information
Closed-End Funds are registered investment companies whose shares of common stock may trade at a discount to their net asset value. Shares of each Fund's common stock are also subject to the market risks of investing in the underlying portfolio securities held by the Fund. Royce Fund Services, LLC. ("RFS") is a member of FINRA and has filed this material with FINRA on behalf of each Fund. RFS does not serve as a distributor or as an underwriter to the closed-end funds.
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| 2022-04-25T20:27:10Z
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- Average weekly trading volume of approximately 530,666 shares
- Fund's adviser has more than 40 years of small- and micro-cap investment experience
NEW YORK, April 25, 2022 /PRNewswire/ --
All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results Current performance may be higher or lower than performance quoted. Returns as of the recent month-end may be obtained at www.royceinvest.com. The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold.
The Fund normally invests in micro-cap companies, which may involve considerably more risk than investing in larger-cap companies. The Fund's broadly diversified portfolio does not ensure a profit or guarantee against loss.
1Geometric Average: This weighted calculation uses each portfolio holding's market cap in a way designed to not skew the effect of very large or small holdings; instead, it aims to better identify the portfolio's center, which Royce believes offers a more accurate measure of average market cap than a simple mean or median.
2Harmonic Average: This weighted calculation evaluates a portfolio as if it were a single stock and measures it overall. It compares the total market value of the portfolio to the portfolio's share in the earnings of its underlying stocks.
The Price-Earnings, or P/E, ratio is calculated by dividing a company's share price by its trailing 12-month earnings-per-share (EPS). The Fund's P/E ratio calculation excludes companies with zero or negative earnings (23% of portfolio holdings as of 03/31/22). The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.
The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.
Royce Micro-Cap Trust, Inc. is a closed-end diversified investment company whose shares of Common Stock (RMT) are listed and traded on the New York Stock Exchange. The Fund's investment goal is long-term capital growth, which it seeks by investing primarily in equity securities of companies that, at the time of investment, have market capitalization of $1 billion or less.
Daily net asset values (NAVs) for Royce Micro-Cap Trust, Inc. are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XOTCX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.royceinvest.com
An investor in Royce Micro-Cap Trust should consider the Fund's investment goals, risks, fees, and expenses carefully before investing.
Closed-End Funds are registered investment companies whose shares of common stock may trade at a discount to their net asset value. Shares of each Fund's common stock are also subject to the market risks of investing in the underlying portfolio securities held by the Fund. Royce Fund Services, LLC. ("RFS") is a member of FINRA and has filed this material with FINRA on behalf of each Fund. RFS does not serve as a distributor or as an underwriter to the closed-end funds.
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SOURCE Royce Micro-Cap Trust
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| 2022-04-25T20:27:11Z
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NEW YORK, April 25, 2022 /PRNewswire/ --
- Oldest and largest small-cap closed-end fund
- Average weekly trading volume of approximately 1,312,362 shares
- Fund's adviser has more than 40 years of small- and micro-cap investment experience
*Not Annualized
Important Performance and Expense Information
All performance information reflects past performance, is presented on a total return basis, net of the Fund's investment advisory fee, and reflects the reinvestment of distributions. Past performance is no guarantee of future results. Current performance may be higher or lower than performance quoted. Returns as of the recent month-end may be obtained at www.royceinvest.com. The market price of the Fund's shares will fluctuate, so that shares may be worth more or less than their original cost when sold.
The Fund invests primarily in securities of small-cap and micro-cap companies, which may involve considerably more risk than investing in larger-cap companies. The Fund's broadly diversified portfolio does not ensure a profit or guarantee against loss. From time to time, the Fund may invest a significant portion of its net assets in foreign securities, which may involve political, economic, currency, and other risks not encountered in U.S. investments.
1Geometric Average: This weighted calculation uses each portfolio holding's market cap in a way designed to not skew the effect of very large or small holdings; instead, it aims to better identify the portfolio's center, which Royce believes offers a more accurate measure of average market cap than a simple mean or median.
2Harmonic Average: This weighted calculation evaluates a portfolio as if it were a single stock and measures it overall. It compares the total market value of the portfolio to the portfolio's share in the earnings of its underlying stocks.
The Price-Earnings, or P/E, ratio is calculated by dividing a company's share price by its trailing 12-month earnings-per-share (EPS). The Fund's P/E ratio calculation excludes companies with zero or negative earnings (13% of portfolio holdings as of 03/31/22). The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.
The Price-to-Book, or P/B, Ratio is calculated by dividing a company's share price by its book value per share.
Portfolio Composition
Recent Developments
Royce Value Trust is a closed-end diversified management investment company whose shares of Common Stock (RVT) are listed and traded on the New York Stock Exchange. Its primary investment goal is long-term capital growth, which it seeks by investing at least 65% of its assets in equity securities primarily of small- and micro-cap companies.
Daily net asset values (NAVs) for Royce Value Trust are now available on our website and online through most ticker symbol lookup services and on broker terminals under the symbol XRVTX. For more information, please call The Royce Funds at (800) 221-4268 or visit our website at www.royceinvest.com.
An investor in Royce Value Trust should consider the Fund's investment goals, risks, fees, and expenses carefully before investing.
Important Disclosure Information
Closed-End Funds are registered investment companies whose shares of common stock may trade at a discount to their net asset value. Shares of each Fund's common stock are also subject to the market risks of investing in the underlying portfolio securities held by the Fund. Royce Fund Services, LLC. ("RFS") is a member of FINRA and has filed this material with FINRA on behalf of each Fund. RFS does not serve as a distributor or as an underwriter to the closed-end funds.
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| 2022-04-25T20:27:18Z
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- SeaWorld is committed to penguin conservation as 13 of the 18 species are considered threatened or endangered
- The only location in the Western Hemisphere to house Emperor penguins is SeaWorld San Diego where guests can see them up close and learn more
- As an accredited member of the Association of Zoos and Aquariums, SeaWorld participates in the Species Survival Plan to protect penguin species
- Penguin conservation extends in and outside the park with SeaWorld Conservation Fund grants
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ORLANDO, Fla., April 25, 2022 /PRNewswire/ -- SeaWorld today celebrates World Penguin Day, an annual observance to encourage learning more about this species and their environment. Penguins are the second most endangered seabird with 13 of the 18 species of penguin facing some level of threat concern. Dedicated to the care and conservation of penguins for decades, SeaWorld has experience with nine species of penguins including Emperor, King, Adélie, Gentoo, Chinstrap, Rockhopper, Macaroni, Magellanic, and Humboldt, providing world class care and habitats that reflect the unique needs of each species. As an accredited zoological facility, SeaWorld is a participant in the Species Survival Program for Humboldt penguins. It also advances penguin conservation outside its parks through SeaWorld Conservation Fund grants.
"Penguins are hardy creatures but require specialized environmental conditions to thrive," said Andrea Roggenbuck, Supervisor of Zoological Operations at SeaWorld San Antonio. "The knowledge and expertise of SeaWorld animal care specialists is essential in maintaining the health of our penguin populations and ensuring conservation of these precious species."
The Only Place to See Emperor Penguins in the Western Hemisphere
Most people do not have the opportunity to observe penguins in the wild. The unique ability to observe and learn directly from animals in human care increases public awareness and appreciation of wildlife.
SeaWorld San Diego is the only zoo and aquarium in the Western Hemisphere to house Emperor penguins, the largest species of penguin. Emperor penguins can dive deeper than any other penguin. The last recorded emperor dive depth is 563 meters and the longest dive recorded was 23.1 minutes, both at isolated dive holes. Like other penguin species, they often leap into the air while swimming in a natural behavior called porpoising. One of the most unique things about Emperors is that they breed in the austral winter when it is dark, and temperatures are sub-zero and turbulent.
"Emperor penguins are a unique species unlike any other and it is an honor and privilege to have them at SeaWorld San Diego," said Hunter Andrews, Senior Aviculturist at SeaWorld San Diego. "We're grateful to have the opportunity to educate the public on this near-threatened species in a truly unparalleled experience."
All SeaWorld parks have exhibits for species of penguins native to colder weather – like Chinstrap and Adélie penguins. These exhibits are on Antarctic time—meaning seasons are opposite of those experienced in North America. The lighting changes to reflect the opposite season and keep the penguins breeding and molting on their natural and biological schedule.
World Class Care and Habitats that Reflect the Unique Needs of Each Species
Animal care specialists and veterinarians at SeaWorld parks perform daily penguin care by observing and assessing behavior and checking the physical health of each animal with any health problem immediately addressed. Each species of penguin has different behavioral patterns and biological makeup that dictates the care they receive. Penguins receive daily vitamins and health exams to assess their overall physical condition. SeaWorld aviculturists (bird specialists) also document the penguins' nesting and parenting routines to ensure normal behavior.
Diet preparation differs depending on the species of penguin. While smaller species including Rockhopper penguins require a diet comprised of smaller fish such as Capelin, larger species like King penguins are fed larger fish like Herring. Fish fed to the birds is tested for nutritional quality and is of restaurant quality.
Penguin habitats are designed to accommodate the difference in behaviors between species such as nesting styles. Chinstrap, Rockhopper and Gentoo penguins require smooth rocks in their habitats to build nests to incubate their eggs whereas King penguins incubate their eggs on their feet under their brood patch.
When it comes to caring for their young, penguins often adopt or foster other young penguins. For example, a pair of two male Gentoo penguins at SeaWorld San Antonio was observed building a nest together, taking turns guarding the nest site and mimicking the behavior of expectant parents. They were so attentive to their nest site that, after much observation and trial, the pair was selected to serve as foster parents to an egg. In 2020, this Gentoo pair was given a Chinstrap penguin egg in need of fostering. The couple successfully incubated this egg of a different species and took turns caring for and feeding the chick when it hatched. The pair raised the chick and fostered another chick this last breeding season. Both chicks are Chinstrap species penguins, and both are doing well today.
SeaWorld's Role in the Species Survival Plan (SSP)
The Association of Zoos and Aquariums (AZA) SSP is a propagation and management program to preserve selected species in accredited zoos, many of which are threatened or endangered. The AZA Animal Population Management Committee (APMC) has designated an SSP for several species of penguins. As an accredited AZA facility, SeaWorld San Diego is a participating institution in the SSP, caring for and maintaining sustainable populations of various species of penguins, including Humboldts, in partnership with the AZA.
Penguin Conservation in and Outside its Parks
SeaWorld teaches the importance of species conservation through activations in its parks that are both educational and thrilling. This year SeaWorld San Diego and Penguins International joined forces to bring guests the Emperor, a penguin-inspired thrill ride that spotlights Emperor penguins as an incredible and unique species.
"We are thankful to partner with SeaWorld San Diego to advance penguin conservation efforts," said Katie Propp, Conservation Education Director at Penguins International. "Conservation starts with building awareness. We're proud to work with SeaWorld to educate guests on the importance of Emperor penguins through park activations such as SeaWorld San Diego's Emperor roller coaster."
Outside its parks, SeaWorld Conservation Fund supports penguin conservation by providing scientific and financial grants to third party organizations. Some of these include:
- The Southern African Foundation for the Conservation of Coastal Birds (SANCCOB) for hand-raising hundreds of abandoned African penguin chicks that would not have survived on their own.
- Efforts to increase the population of Galapagos penguins, which are among the rarest penguins and are an Endangered species, by providing high-quality nests and collaborating with Galapagos National Park to develop effective management strategies.
- Helping researchers with the University of Washington's Penguin Project track 15 Magellanic penguins using geolocator tags to gather data on the penguins' movements during winter.
- Supporting the Falkland Islands Penguin Census project that conducted a full census of four species of penguins that involved counting every colony where these species breed, soon after egg-laying finished.
About SeaWorld Parks & Entertainment
SeaWorld Entertainment, Inc. (NYSE: SEAS) is a leading theme park and entertainment company providing experiences that matter, and inspiring guests to protect animals and the wild wonders of our world. The Company is one of the world's foremost zoological organizations and a global leader in animal welfare, training, husbandry, and veterinary care. The Company collectively cares for what it believes is one of the largest zoological collections in the world and has helped lead advances in the care of animals. The Company also rescues and rehabilitates marine and terrestrial animals that are ill, injured, orphaned, or abandoned, with the goal of returning them to the wild. The SeaWorld® rescue team has helped more than 39,000 animals in need over the Company's history. SeaWorld Entertainment, Inc. owns or licenses a portfolio of recognized brands including SeaWorld®, Busch Gardens®, Aquatica®, Sesame Place® and Sea Rescue®. Over its more than 60-year history, the Company has built a diversified portfolio of 12 destination and regional theme parks that are grouped in key markets across the United States, many of which showcase its one-of-a-kind zoological collection. The Company's theme parks feature a diverse array of rides, shows and other attractions with broad demographic appeal which deliver memorable experiences and a strong value proposition for its guests.
Media Contacts:
MediaRelations@SeaWorld.com
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SOURCE SeaWorld Parks & Entertainment
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https://www.whsv.com/prnewswire/2022/04/25/seaworld-celebrates-world-penguin-day-provides-world-class-animal-care-nine-penguin-species/
| 2022-04-25T20:27:25Z
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Transamerica Transformed: Details Revealed for Architectural Addition to Transamerica Pyramid Center
SAN FRANCISCO, April 25, 2022 /PRNewswire/ -- SHVO, the luxury real estate development and investment firm, announced the renovation of the iconic Transamerica Pyramid Center in San Francisco by world renowned architects Foster + Partners in March and is now revealing plans for Three Transamerica (545 Sansome). The renovation includes the expansion and upgrade of the building to a contemporary high-design office building.
Forming a pivotal gateway to the site from Washington and Sansome streets and situated at the nexus between the Financial District and the smaller scale buildings of Jackson Square, the historic Three Transamerica – is an Art Deco structure originally designed for the California Ink Company. Built in the 1930s, it features an innovative use of cast-in place concrete to support utilitarian industrial requirements.
Lord Norman Foster, Founder and Executive Chairman of Foster + Partners, said "I have always argued in favor of the reuse of historic structures, as a sustainable approach that continues the historic tradition of change, while preserving the spirit of the past. Three Transamerica is set to become a unique architectural addition to the Transamerica site, that is wholly of its place and time."
The new design emphasizes sustainability and seeks to revitalize this historic structure. The building's interior will be completely modernized and brought up to date with current building codes while preserving the integrity of the historic structure. Its two Art Deco facades will be sensitively restored, and the building floorplates extended towards Washington and the Redwood Park to create generous double-height office spaces.
These double-height spaces open up the building, bringing fresh air and daylight into the office areas, alongside the lush green terraces that travel up the building, creating healthier workplaces. The new glazed facades reveal the existing structure behind, presenting a contemporary addition that draws its material palette from the context and provide a softer transparent edge defining a more open feel in Redwood Park.
New office space will also be created above the existing building, set back from the historic Sansome façade; in total the new proposal will provide an additional 50,000 sf of office space to the existing building. The materiality of the new addition uses pre-cast concrete, complementing William Perrieira's Transamerica Pyramid and other adjacent buildings.
This addition benefits from views across the Redwood Park, Jackson Square and North Beach, nestling comfortably within the existing cluster of taller structures at Sansome and Washington streets, and transitioning to the lower-scale buildings north of Washington Street.
Curated retail will wrap around the entire building on three sides, activating the Mark Twain Alley and Washington Street, while also giving the building an open and accessible street presence. New green spaces and animated retail will stimulate Redwood Park and open it up to its surroundings.
SHVO, which acquired the Transamerica Pyramid Center in October 2020, is committed to making significant investments to further cement the site's status as one of the most coveted in the world while creating an inviting new destination for San Francisco and its inhabitants.
About SHVO
SHVO is a real estate development and investment firm built on the vision of Chairman & CEO Michael Shvo to create culture-defining experiences in iconic properties.
Headquartered in New York City with offices in Miami, San Francisco, Los Angeles, and Chicago, SHVO owns and operates a national portfolio with more than $8 billion in assets under management and 4.5 million square feet across commercial office and retail space, hospitality, and luxury residential assets. The firm's selective portfolio of architecturally significant properties, from innovative ground up new developments to revitalized landmarks that define skylines in the world's leading cities, includes the Transamerica Pyramid in San Francisco, The Raleigh Hotel in Miami Beach, 333 South Wabash Avenue ('The Big Red') in Chicago, Mandarin Oriental Residences at 9200 Wilshire Boulevard in Beverly Hills, Mandarin Oriental Residences Fifth Avenue in New York City and the AMAN New York Hotel and Residences at the Crown building.
Renowned for its expertise, SHVO is fully integrated with highly diversified industry experience in every aspect of acquisitions, finance, development, design, sales, leasing, property management, hospitality, and sustainability.
For more information visit www.shvo.com.
About Foster + Partners
Foster + Partners is a global studio for architecture, urbanism and design, rooted in sustainability, which was founded over fifty years ago in 1967 by Norman Foster with his late wife, Wendy. Since then, he and the team around him have established an international practice with a worldwide reputation for thoughtful and pioneering design, working as a single studio that is both ethnically and culturally diverse. The studio integrates the skills of architecture with engineering, both structural and environmental, urbanism, interior and industrial design, model and film making, aeronautics and many more – our collegiate working environment is similar to a compact university. These diverse skills make us capable of tackling a wide range of projects, particularly those of considerable complexity and scale. Design is at the core of everything that we do. We design buildings, spaces and cities; we listen, we question, and we innovate.
The studio has established an international reputation with buildings such as the Hearst Headquarters in New York, 30 St Mary Axe, popularly known as The Gherkin, in London, Millau Viaduct in France, the German Parliament in the Reichstag, Berlin, The Great Court for the British Museum, Headquarters for HSBC in Hong Kong and London, the ME Hotel in London, Commerzbank Headquarters in Frankfurt, the Metro Bilbao, the Carré d'Art Nîmes, the sustainable Masdar development in Abu Dhabi, and research centres for Stanford University, California. Recent work includes the Norton Museum of Art in West Palm Beach, Samson Pavilion for CWRU and Cleveland Clinic in Ohio, Duo Central Park in Sydney, Apple's headquarters in California, Bloomberg's new European headquarters in London and the Comcast Technology Center in Philadelphia. Currently, the practice is involved in projects such as the New Slussen Masterplan in Sweden, Kuwait International Airport, and 425 Park Avenue in New York.
fosterandpartners.com
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| 2022-04-25T20:27:31Z
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New Jennifer Eckert Center for Leadership and Engagement will enhance leadership development opportunities for students and advance Simmons' work as one of Boston's premier leadership institutions
BOSTON, April 25, 2022 /PRNewswire/ -- Simmons University today announced a new $5 million gift from Simmons alumna and Trustee Jennifer Eckert to expand the scope and impact of its innovative approach to leadership education throughout the institution. The gift will create the new Jennifer Eckert Center for Leadership and Engagement and provide opportunities for students, faculty, staff, alumnae/i, and professionals to develop and advance their inclusive leadership skills.
"The mission of Simmons is to educate and empower the next generation of leaders, and I am so grateful to Jennifer Eckert for her transformative investment in leadership experiences across the University," said Simmons President Lynn Perry Wooten. "The Jennifer Eckert Center for Leadership and Engagement will enable us to more explicitly and intentionally embed leadership into the student experience from the moment they are accepted and help further Simmons' work as one of Boston's premier leadership institutions."
The Jennifer Eckert Center for Leadership and Engagement will enhance leadership development opportunities for a diverse and engaged student body by empowering students to practice Everyday Leadership, social responsibility, civic engagement, and mutual respect. The concept of being an "everyday leader" challenges individuals to use their individual strengths and passions to drive meaningful change. Everyday leaders embrace a life of continuous learning and utilize their talents to solve the problems of their time.
"Everyday leadership applies to all of us, whether we're running a business, a non-profit or mentoring an individual. We are all connected and vital to one another," said Eckert, who holds a master's degree from Simmons' School of Social Work. "The world needs everyday leaders now more than ever, and the commitment Simmons and President Wooten have made inspires me. I'm honored to have the opportunity to support this vital initiative."
The gift will support a variety of student leadership initiatives, including the Jennifer Eckert Leadership Fellow program that enables graduate students to lead projects on diversity, equity and inclusion, and student affairs, and receive professional leadership coaching to support their development as future leaders in their field. The gift will also support the Simmons Bridge Program, which provides incoming first-year Black, Indigenous, People of Color (BIPOC) an opportunity to connect, learn, and thrive in the Simmons community. In addition, it will advance opportunities for undergraduate students to engage in community service, citizenship, and leadership development throughout their time at Simmons.
"I am so moved by Jennifer Eckert and grateful for her support. Her gift will help Simmons step into its full and rightful place in advancing leadership," said Susan MacKenty Brady, CEO of the Simmons University Institute for Inclusive Leadership, which will partner with the Jennifer Eckert Center on initiatives to help individuals advance their leadership skills so they can grow and foster a culture of inclusion within their organizations.
The gift and the new Jennifer Eckert Center for Leadership and Engagement was announced during the official investiture ceremony of President Wooten. Wooten, who became the ninth president of Simmons in July 2020, is the first African American to lead the institution.
Media Contact
Laura Wareck
Laura.wareck@simmons.edu | c: 978-660-9587
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| 2022-04-25T20:27:38Z
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Spartan College of Aeronautics and Technology hosts Teamsters Sponsored Open House
Published: Apr. 25, 2022 at 1:51 PM EDT|Updated: 2 hours ago
Teamsters Members and Their Qualifying Family Learn about Exclusive Benefits available for Aviation Training at Spartan College.
TULSA, Okla., April 25, 2022 /PRNewswire/ --
About Spartan College of Aeronautics and Technology
Established in 1928, Spartan College of Aeronautics and Technology has trained over 100,000 pilots and technicians. We have campuses located in the following areas: Tulsa, OK; Los Angeles, CA; Inland Empire, CA; and Denver, CO. Spartan students have come from across the United States and over 40 countries. Spartan offers programs in the areas of Aviation Flight, Aviation Maintenance Technology (Airframe & Powerplant), Aviation Electronics Technology, Nondestructive Testing Technology, and Quality Control Management, as well as a Bachelor of Science degree in Technology Management. (Programs vary by location). The Tulsa Campus is licensed by the O.B.P.V.S. Tulsa and Broomfield locations are accredited by the Accrediting Commission of Career Schools and Colleges (ACCSC). Both California locations are accredited by the Council on Occupational Education (COE). Riverside is a branch of the Inglewood Campus. Spartan Education Group, LLC, is the parent company of Spartan College of Aeronautics and Technology.
About The International Brotherhood of Teamsters
Founded in 1903, the International Brotherhood of Teamsters represents 1.4 million hardworking men and women throughout the United States, Canada and Puerto Rico. Visit www.teamster.org for more information.
FOR MORE INFORMATION Theresa Moriarty (c) 239-451-0312 (e) Theresa.Moriarty@Spartan.edu
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/2022/04/25/spartan-college-aeronautics-technology-hosts-teamsters-sponsored-open-house/
| 2022-04-25T20:27:50Z
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SUGAR LAND, Texas, April 25, 2022 /PRNewswire/ -- TeDan Surgical Innovations (TSI), leader in the development and commercialization of surgical access systems continues to address evolving surgical access techniques to the spine through the market release of the Phantom UL™ Anterior to the Psoas (ATP) Surgical Access System. Designed to optimize surgical technique efficiency and capital expenditures, Phantom UL ATP Surgical Access System revolutionizes the anterior to the psoas approach with a universal single-system access from L1 to S1, streamlining surgical workflows through system design familiarity for both surgeons and hospital staff.
The launch of the Phantom UL Anterior to the Psoas Surgical Access System elevates traditional ATP surgical access with on-demand independent retraction as well as patent-pending technology advancements. Featuring a modular ring configuration to accommodate various patient anatomies and multifaceted blade designs that incorporate visible screw deployment, integrated lighting, and evolving technology delivery, Phantom ATP sets a new standard in surgical access to the lumbar column offering an all-in-one surgical access system for surgeons around the world seeking a complete solution for implant agnostic ATP access.
"Phantom UL ATP Surgical Access System is the first of its kind offering a true universal approach to the lumbar spine column with an expandable platform leveraging established product design concepts," stated Ed Asturias, Vice-President, Business Development for TSI. "With this product introduction, TSI remains committed to enabling surgeons a simple, yet comprehensive access solution, independent of the surgeon implant of choice."
Phantom UL ATP Surgical Access System will be featured at the American Association of Neurological Surgeons Annual Meeting in Philadelphia, PA, April 29 – May 2, 2022.
To learn more about TSI's Phantom UL Anterior to the Psoas Surgical Access System visit https://tedansurgical.com/phantom-ul-anterior-to-the-psoas-surgical-access-systems or call 877-726-0886.
TeDan Surgical Innovations, Inc. (TSI) is a global leader in surgical access systems with a specialty focus in spine, neuro, orthopedic and cardiothoracic surgery. For over fifteen years, TSI has been at the forefront of innovation in surgical access and instrumentation recognized by global industry leaders, teaching institutions and clinician thought leaders around the world. Its company founders, with a combined market experience of over 75 years, have driven numerous successful initiatives resulting in profitable business.
Phantom UL and Phantom ATP are trademarks from TeDan Surgical Innovations Inc.
For more information:
https://tedansurgical.com/phantom-ul-anterior-to-the-psoas-surgical-access-systems
Contact:
Email: info@tedansurgical.com
Phone: 713-726-0886
Fax: 713-726-0846
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| 2022-04-25T20:27:57Z
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NEW YORK, April 25, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of AbbVie Inc. (NYSE: ABBV) between April 30, 2021 and August 31, 2021, inclusive (the "Class Period"), of the important June 6, 2022 lead plaintiff deadline.
SO WHAT: If you purchased AbbVie 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 AbbVie class action, go to https://rosenlegal.com/submit-form/?case_id=5119 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 June 6, 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) safety concerns about Xeljanz and Xeljanz XR extended to Rinvoq and other Janus kinase (JAK) inhibitors; (2) as a result, it was likely that the FDA would require additional safety warnings for Rinvoq and would delay the approval of additional treatment indications for Rinvoq; and (3) therefore, defendants' statements about AbbVie's business, operations, and prospects lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the AbbVie class action, go to https://rosenlegal.com/submit-form/?case_id=5119 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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| 2022-04-25T20:28:03Z
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CHANDLER, Ariz., April 25, 2022 /PRNewswire/ -- The Arizona State Approving Agency (AZ SAA) and United States Department of Veterans Affairs (VA) have approved the University of Arizona Global Campus (UAGC) to offer VA education benefits once again to its military-affiliated students after a bureaucratic snafu caused a temporary lapse. The approval means that current and prospective students will again be eligible to utilize VA education benefits at UAGC, including course tuition and fees and Monthly Housing Allowance. Affected students who started classes in April, beginning with the April 5 and extending through the April 19 start dates, will be back certified by UAGC for course tuition and fees. The Monthly Housing Allowance also will be covered for these students. Therefore, UAGC expects no interruption to student benefits, classes, or costs.
UAGC has been in compliance and followed all the guidance given by the California State Approving Agency for Veterans Education (CSAAVE), as well as the Arizona State Approving Agency (AZ SAA). The lapse in VA funding was due to events brought about by the move of the UAGC main campus from California to Arizona. Even with the lapse, UAGC made immediate adjustments and offered grant funds to all affected students to ensure their education was not impacted.
"Our team has worked around the clock with the AZ SAA to rectify this unfortunate situation and we're grateful for the cooperation and attention of CSAAVE, AZ SAA, and the VA and for getting our students approved as quickly as possible," UAGC President Paul Pastorek said. "I'm proud to say we avoided any disruption to our current eligible students and their dependents by providing grant funds until this situation was resolved. We did everything in our power to ensure our military-affiliated students would get the VA benefits they so richly deserve."
The University of Arizona Global Campus is proud to have such a diverse student population, including the more than 25% of its student body with a military affiliation. UAGC values their service, dedication, and sacrifice. For more information about the use of VA education benefits at UAGC, please visit the website.
About University of Arizona Global Campus
The University of Arizona Global Campus ("Global Campus" or "UAGC") is an independent university that is operated in affiliation with the University of Arizona. Global Campus is designed to provide flexible opportunities for working students from diverse backgrounds who seek to gain knowledge and skills that will help them to achieve their life and career goals. Global Campus is accredited by the WASC Senior College and University Commission (WSCUC) and is one of the nation's most innovative online universities with approximately 35,000 students. UAGC offers more than 50 degrees at the associate, bachelor's, master's and doctoral levels. For more information visit uagc.edu.
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| 2022-04-25T20:28:10Z
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Technological advancements to boost value gains
CLEVELAND, April 25, 2022 /PRNewswire/ -- US shipyard output is forecast to increase 3.6% per year in nominal dollars through 2026, according to Shipbuilding: United States, a report recently released by Freedonia Focus Reports. Replacement of an aging US Navy fleet and the deployment of increasingly expensive ship technologies are expected to support advances. An expanding number of ships in use will spur the need for repair and maintenance services.
Rising manufacturing output, such as nonmetallic mineral products and chemicals, will support waterborne freight volumes and drive the demand for and shipments of barges, platforms, and other ships. Growth in crude oil and natural gas production volumes will also boost waterborne freight volumes and the production of associated vessels.
These and other key insights are featured in Shipbuilding: United States. This report forecasts to 2022 and 2026 US shipbuilding shipments in nominal US dollars. Total demand is segmented by type in terms of:
- military self-propelled ship construction
- military ship repair
- nonpropelled ship construction
- nonmilitary self-propelled ship construction
- nonmilitary ship repair
To illustrate historical trends, total shipments, trade, and the various segments are provided in annual series from 2011 to 2021.
The scope of this report encompasses US shipyards; establishments primarily engaged in building boats are excluded. For the purposes of this report, both self-propelled and nonpropelled barges are classified as ships. The value of marine engineering services, such as design and development, is excluded from the scope of this report. Re-exports of ships are excluded from trade figures.
More information about the report is available at:
https://www.freedoniafocusreports.com/Shipbuilding-United-States-FF85020/?progid=91541
About Freedonia Focus Reports
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Industrials reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com
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SOURCE The Freedonia Group
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| 2022-04-25T20:28:17Z
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RESTON, Va., April 25, 2022 /PRNewswire/ -- SOSi, a leader in delivering transformational management and IT solutions to the U.S. Department of Defense, today announced it has been re-awarded a potential five-year, $17.9 million contract by the U.S. Central Command (CENTCOM) to continue maintaining and managing secure facilities at MacDill Air Force Base and Al-Udeid Airbase in Tampa, Florida, and Doha, Qatar. SOSi will provide operations, maintenance, engineering, project design and management services under the contract.
"We are proud of the success our team has demonstrated over the past five years delivering critical support to CENTCOM both in the United States and the Middle East," said SOSi Senior Vice President, Frank Helmick. "We look forward to continuing our support for CENTCOM on this no fail mission while expanding our infrastructure capabilities in the region."
ABOUT SOSi
SOSi is a leading provider of mission-critical cyber, software, intelligence, and logistics solutions to the U.S. national security community. Founded in 1989, SOSi is among the largest private, founder-owned and operated technology and services integrators in the aerospace, defense, and government services industry. Our operations span the globe. We manage many of our nation's most important programs. For more information, visit www.sosi.com and follow SOSi on LinkedIn and Twitter.
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| 2022-04-25T20:28:24Z
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U.S. Ambassador to China R. Nicholas Burns, participating virtually from Beijing, joined Chinese Ambassador Qin Gang and former U.S. Ambassador to China Terry Branstad as featured speakers at the Dialogue
DES MOINES, Iowa , April 25, 2022 /PRNewswire/ -- "With the unprecedented participation of three Ambassadors from and to China, the U.S. - China Agricultural Dialogue in Des Moines showed that agriculture provides an opportunity for positive developments during an otherwise difficult and contentious bilateral relationship," stated Ambassador Kenneth Quinn, Strategic Advisor to the United States Heartland China Association (USHCA) who moderated the Dialogue that took place at the Dr. Norman E. Borlaug Hall of Laureates in Des Moines.
In his remarks, former Ambassador Branstad, recalled his personal role as Governor of Iowa in meeting with Chinese President Xi Jinping during his two historic visits to Iowa. Speaking next, Ambassador Qin Gang and Ambassador Burns offered comments on current agricultural trade and ideas on how it could be improved and expanded.
The USHCA, a bipartisan American non-profit organization, co-hosted the April 21 (April 22 in China) event in conjunction with the China Agriculture Association for International Exchanges. The Hon. Bob Holden, former Governor of Missouri and Chairman of the USHCA who gave opening remarks at the event, said that "having all three ambassadors appear live on the program today illustrates the importance of agricultural collaboration in US-China relations." He also applauded Ambassador Kenneth Quinn, who was instrumental in bringing the ambassadors together, for his tireless effort to advance peace through diplomacy even in his retirement.
Close to 200 high level participants, including an array of governmental, educational, national and international agri-business leaders attended this dialogue. Many traveled to Iowa from across the country and overseas just to attend this unique event.
One of those participants, Craig Floss, the CEO of the Iowa Corn Growers Association, formally announced that two recent purchases of corn this month by China represented a combined value of over $700 million, "one of the largest purchases of corn ever by China or any other country."
Included among other executives attending were the CEOs of Continental Grain, Syngenta, the U.S. Grains Council, and the U.S. Soybean Export Council, who joined with the Vice President of China Agricultural University on a panel discussion about steps to increase both U.S. - China two-way trade and enhance global collaboration in feeding the 9 to 10 billion people who will soon be on our planet.
Other speakers during the event were a Vice Governor of Hebei Province, Iowa's Sister State and representatives of the USDA Foreign Agriculture Service and the Chinese Ministry of Agriculture and Rural Affairs.
At the conclusion of the Dialogue, the USHCA and the CAAIE signed a Memorandum of Understanding committing the two organizations to "consult and collaborate ... in support of the annual U.S. - China Agriculture Dialogue."
"We are really excited to see long term commitment from both Associations to carry forward the legacy of agricultural collaboration for the benefit of both countries and our world." commented Min Fan, Executive Director of USHCA.
The USHCA also wishes to thank the following sponsors who made this High Level Dialogue possible: Iowa Corn Growers Association, US Soybean Export Council, U.S. Grains Council, China Certification & Inspection Group (North America), and Tyson Foods.
(A full recording of the U.S. - China Agricultural Dialogue is available here.)
Contact: Andrew Bates
515-201-5860 (cell)
abates@fin-strategies.com
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SOURCE United States Heartland China Association
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https://www.whsv.com/prnewswire/2022/04/25/us-china-diplomacy-takes-center-stage-agricultural-dialogue-des-moines/
| 2022-04-25T20:28:32Z
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WASHINGTON, April 25, 2022 /PRNewswire/ -- The U.S. Postal Service Board of Governors will meet May 5, 2022, in open session at Postal Service headquarters, 475 L'Enfant Plaza, SW, Washington, DC. The public is welcome to observe the meeting beginning at 4:00 p.m. ET in the Benjamin Franklin Room on the 11th floor. The Board is expected to discuss the following items:
- Remarks of the Chairman of the Board of Governors
- Remarks of the Postmaster General and CEO
- Approval of the Minutes
- Committee Reports
- Quarterly Financial Report
- Quarterly Service Performance Report
- Approval of Tentative Agenda for Aug. 9 Meeting
- Adjournment
A public comment period will begin immediately following the adjournment of the open session on May 5. During the public comment period, which shall not exceed 45 minutes, members of the public may comment on any item or subject listed on the agenda for the open session. Additionally, the public will be given the option to join the public comment session and participate via teleconference. Registration for participation in the public comment period is required. Should you wish to participate via teleconference, you will be required to give your first and last name, a valid email address to send an invite and a phone number to reach you should a technical issue arise. Speakers may register online at https://www.surveymonkey.com/r/bog-05-05-2022. No more than three minutes shall be allotted to each speaker. The time allotted to each speaker will be determined after registration closes. Registration for the public comment period, either in person or via teleconference, will end on May 3 at 5 p.m. EDT. Participation in the public comment period is governed by 39 C.F.R. 232.1(n).
Open session meetings of the Board of Governors are available on live audio webcasts at http://about.usps.com/who/leadership/board-governors/briefings/welcome.htm. Three hours after the conclusion of the open session meeting, a recorded audio file will be available for listening. In compliance with Section 508 of the Rehabilitation Act, the audio webcast will be open-captioned.
The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.
Please Note: For U.S. Postal Service media resources, including broadcast quality video and audio and photo stills, visit the USPS Newsroom. Follow us on Twitter, Instagram, Pinterest, and LinkedIn. Subscribe to the USPS YouTube Channel, like us on Facebook and enjoy our Postal Posts blog. For more information about the Postal Service, visit usps.com and facts.usps.com.
Contact: Dave Partenheimer
202-268-2599
david.a.partenheimer@usps.gov
usps.com/news
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| 2022-04-25T20:28:38Z
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- 51,000 students from Virginia to Utah get free tree seedlings & wildflower seed packets
- More than 832,000 planting materials distributed since 2007
- Program celebrates 150th anniversary of first Arbor Day in 1872
RICHMOND, Va., April 25, 2022 /PRNewswire/ -- Dominion Energy's popular Project Plant It! program blooms again in 2022 as 51,000 students across the U.S. will receive free redbud tree seedlings and packets of wildflower seeds that attract bees and pollinators. Since 2007, Project Plant It! has been teaching the next generation about the benefits of trees and pollinators to the ecosystem.
This year marks the 16th implementation of Project Plant It! and also recognizes the 150th anniversary of the first Arbor Day in 1872 when journalist J. Sterling Morton proposed a tree-planting holiday that resulted in one million trees being planted in Nebraska. In addition, Dominion Energy's longtime partner for Project Plant It!, the Arbor Day Foundation, was founded 50 years ago in 1972.
"We're thrilled to celebrate these major milestones with the Arbor Day Foundation," said Shai West, Project Plant It! coordinator and associate community affairs representative at Dominion Energy. "Together, we're helping students of all ages understand that trees improve air quality, provide a home for wildlife, prevent soil erosion and impact the sustainability of our environment is so many ways."
West noted that Project Plant It! added the pollinator feature to the program in the 2020-2021 academic year. "Bees, butterflies, hummingbirds and bats are some of the pollinators that play an essential role in supporting our nation's food system," she said. "Project Plant It! aims to increase bee populations by having students plant pollinator gardens at their homes, on school grounds or in their communities."
Planting events to celebrate Arbor Day (April 29) and National Wildflower Week (May 1-7) are planned in many states where Dominion Energy conducts business, including Ohio, North Carolina, South Carolina and Virginia, to name a few.
Monica Butler, a member of Dominion Energy's operations team in Williamsburg, Va., looks forward to a fun tree-planting event at an elementary school in Williamsburg. "I'm so excited to share lots of information about trees with the students when they plant a large sapling on the school grounds with our Dominion Energy foresters and lineworkers," she said. "The students will learn how to take care of the tree and they can measure its growth over the years. Project Plant It! offers students in all of our communities a memorable, hands-on educational experience."
Elementary, middle and high schools, scout troops, environment clubs and YMCAs are among the many entities participating in Project Plant It! in 2022. Approximately 832,000 planting materials (combination of tree seedlings and wildflower seed packets) have been distributed since 2007.
The Educator Resources page of the Project Plant It! website includes STEM-focused lesson plans, reading lists, games and other instructional tools about trees and pollinators. Many of the materials are available in English and Spanish.
For more information, visit projectplantit.com.
About Dominion Energy
About 7 million customers in 13 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable and safe energy and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit DominionEnergy.com to learn more.
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SOURCE Dominion Energy
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| 2022-04-25T20:28:45Z
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The Commissioner of Tourism, Joseph Boschulte will attend SeaTrade and speak on plans for Cruising and Recent partnership with The Florida-Caribbean Cruise Association (FCCA)
ST. CROIX, ST. JOHN, and ST. THOMAS, Virgin Islands, April 25, 2022 /PRNewswire/ -- The U.S. Virgin Islands is positioning itself for growth in the cruising industry. Under the leadership of Commissioner of Tourism, Joseph Boschulte, the territory will attend SeaTrade in Miami, Florida kicking off on Monday, April 25.
During the annual cruising industry conference, Commissioner Boschulte is slated to speak on various panels including-
- Around the World: Monday, April 25; 10:30AM – 11:30 AM ET
- Focus on Increasing Caribbean & Mexico Port Capacity: Wednesday, April 27; 12:15- 1:15 PM ET
"SeaTrade is an invaluable conference that I look forward to attending every year", says Commissioner Boschulte. "It allows industry leaders and professionals to get together and not only drive awareness to their individual goals, but to find opportunities for collaboration and partnership for the greater good of the tourism industry. The pandemic may have set us back but I'm optimistic of the future of cruising in the USVI".
Recently, the U.S. Virgin Islands announced a partnership with The Florida- Caribbean Cruise Association (FCCA) that will focus on increasing the destination's overall economic impact from cruise tourism. Strategic objectives include increased cruise calls, new experiences and products, collaboration with the local private sector, more employment and purchasing opportunities, conversion of cruise guests to overnight visitors, promotion of summer cruising, creation of consumer demand, travel agent outreach and more.
"I am extremely grateful to the Florida- Caribbean Cruise Association (FCCA) for our partnership", says Commissioner Boschulte. "This collaboration aligns with the objectives we have been focused on as a destination since the Pandemic. The focus on converting cruisers to overnight guests allows us to truly market the amazing experiences a visitor can expect across the islands from dusk to dawn and creating a market for repeat visitation. Our cruising ports are the gateway, and through our partnership with FCCA and our work at the Department of Tourism, the floodgates will open to ongoing visitation."
According to the FCCA report "Economic Contribution of Cruise Tourism to the Destination Economies" from 2018, the U.S. Virgin Islands earned $184.7 million in cruise tourism expenditures, with $77.9 million in total employee wage income in the Caribbean cruise year spanning 2017-2018.
With the current initiatives in place, the U.S. Virgin Islands is positioned to exceed these numbers and be more than a cruising stop in the Caribbean, but the destination of choice for overnight cruising passengers beginning summer 2022 and beyond.
About the U.S. Virgin Islands
The U.S. Virgin Islands are an official U.S. territory in the Caribbean that consist of three individual islands –St. Croix, St. John, and St. Thomas. Perfect for leisure or business travel, the U.S. Virgin Islands are rich with culture, history, surrounded by breathtaking beaches. When traveling to the U.S. Virgin Islands, U.S. citizens can enjoy all the conveniences of domestic travel as no passport is required for U.S. citizens arriving from Puerto Rico or the United States. Entry requirements for non-U.S. citizens are equivalent to entering the United States from any international country. Upon departure, a passport is required for non U.S. citizens. For more information about the United States Virgin Islands, go to VisitUSVI.com, follow us on Instagram (@visitusvi) and Twitter (@usvitourism), and become a fan on Facebook (www.facebook.com/VisitUSVI).
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| 2022-04-25T20:28:52Z
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CALGARY, AB, April 25, 2022 /PRNewswire/ - Top Strike Resources Corp. d.b.a. "Vencanna Ventures" (the "Company" or "Vencanna") (CSE: VENI) (OTCQB: TPPRF) is pleased to announce that it entered into a definitive unit exchange agreement ("Definitive Agreement") with Cannavative Group LLC ("Cannavative") on April 25th, 2022, pursuant to which Vencanna would acquire all of the issued and outstanding membership units of Cannavative in an all-share exchange (the "Transaction"). Vencanna will acquire all the common shares in the capital of Cannavative through the issuance of 240,000,000 Shares and the issuance of 120,000,000 Share purchase warrants ("Warrants"), each such Warrant being exercisable for one Share at an exercise price of US$0.075 for a period of 18 months following the date of issuance. Further, pursuant to the Transaction, approximately US$4.0 million of Cannavative's debt will convert into 80,000,000 Shares and 32,000,000 Warrants, of which 16,000,000 will be exercisable for one Share at an exercise price of US$0.05 for a period of 9 months following the date of issuance and 16,000,000 will be exercisable for one Share at an exercise price of US$0.075 for a period of 18 months following the date of issuance. The remaining Cannavative debt of approximately US$2.1 million will be paid out at closing.
The Transaction is expected to constitute a "Fundamental Change" pursuant to the policies of the Canadian Securities Exchange (the "CSE") and will be subject to the acceptance of the CSE and the approval of shareholders of Vencanna. Vencanna intends to seek approval of the Transaction by way of written resolution from shareholders holding not less than 50% plus one Share. It is anticipated that the Transaction will be completed the summer of 2022.
Management and the board of directors will be comprised of professionals from both parties, creating a dynamic, integrated team, with the full capability to execute the go-forward business plan, which includes further market penetration in the state of Nevada, acquisition opportunities both in-state and out-of-state, and applying for licenses in new markets. The Transaction is truly transformative to Vencanna, converting the company from an investment company into a U.S. based cannabis operating company.
- An attractive transaction price equal to the estimated twelve-month forward revenue;
- Vencanna's deemed share price of US$0.05 equal to its estimated net asset value per share;
- The all-share exchange closely aligning the shareholders of both parties;
- A significant portion of Cannavative's debt converting to Vencanna shares being a testament to Cannavative's stakeholders' commitment and belief in the Company's continued success; and
- Relative to its peer group, the merged company's balance sheet will be one of strongest in the industry.
Post Transaction, it is expected that the Company will have 536 million common shares and 209 million warrants outstanding, no debt, and over $5 million in cash. The estimated common shares outstanding assumes the Company elects its Forced Conversion Right upon a change of control, at a conversion price of US$.05, regarding its US$1.3 million Convertible Debenture issued July 3, 2020. It is anticipated that at closing of the Transaction, the board and senior management of the merged company will hold 33% of the common shares and 36% on a fully diluted basis.
David McGorman, Vencanna's CEO, commented "It's been our goal to convert from an investment company to a well-established cannabis operating company, and Cannavative is the transformative transaction that Vencanna has been looking for. Being one of the first companies in Nevada to be awarded both a cultivation and manufacturing license, they've developed deep roots in one of the most dynamic recreational states in the U.S. Their product development and talent pool will be easily exportable into new markets as cannabis reform in the U.S. continues to expand. We look forward to onboarding the Cannavative team."
Jason Crum, Cannavative's President and Chief Revenue Officer, commented "Cannavative is thrilled to join forces with Vencanna, a partner that brings capital to fuel our continued growth and industry expertise to expand our footprint beyond Nevada. Vencanna's relationships, such as their recently announced opportunity in New Jersey, the newest state to initiate recreational sales, is a perfect example of how together we can exploit new frontiers. Combined, we'll be able to push the boundaries of innovation in cannabis, with a continued focus on delivering the highest quality products to consumers."
David McGorman, CEO & Director.
Mr. McGorman is a co-founder, and current CEO and director of Vencanna. He has over 25 years of experience in the financial industry providing M&A and corporate structuring advice to his clients, as well as leading their equity issues and debt placements. Prior to Vencanna, Mr. McGorman held senior positions at The Chase Manhattan Bank, and numerous Canadian investment banking firms including CEO of Jennings Capital Inc., and Vice-Chairman of Research Capital Corp. Mr. McGorman holds a Hon's B.Sc. in Theoretical Physics from the University of Guelph, and an M.B.A. from the DeGroote School of Business.
Jason Crum, Chief Revenue Officer
Mr. Crum is the current President and Chief Revenue Officer of Cannavative. He has over 20 years of diversified CPG/FMCG background in alcohol sales management, including beer and wine with MillerCoors and Treasury Wine Estates, where he was directly responsible for supply, distribution, and brand building. His skill set includes developing high performing teams, maximizing strategic analytics, and streamlining efficiencies. Since joining Cannavative in 2019, Jason has been instrumental in increasing Cannavative's Nevada dispensary penetration and sales growth. Mr. Crum is a graduate of UT Austin.
Ross Kline
Ross Kline is a co-founder of Cannavative and is currently the business's CEO and Chairman. Prior to establishing the business in 2013, Ross was the founder & CEO of Logistics & Distribution Services, a freight brokerage and trucking business serving blue chip clients including Nestle, PetSmart and Amazon. In 2016, Logistics & Distribution Services was sold to Arcbest Company, a $1.75 billion freight and premium logistics company. Mr. Kline holds a B.S. in Logistics from Penn State University.
Jon Sharun
Mr. Sharun is the current Executive Chairman and interim CFO of Vencanna. He has over 20 diverse years of international investment, real estate, branding and business development experience. He is the founder and Managing Partner of Venexo Capital, a boutique private equity firm that has raised in excess of $100 million with investments in healthcare, hospitality and real estate. Venexo has been an early investor into the cannabis sector with over 50 international placements. Jon sits on many private, public and NFP boards, and is both a Top Forty Under 40 and a Top 100 in Finance award winner. Mr. Sharun holds an MBA, CPA, CSA, LEED AP, and ICD.D
W. Scott McGregor, Independent Director
Mr. McGregor is currently a director of Vencanna and the Managing Director at Invest Alberta Corp., a Crown corporation dedicated to attracting investment and supporting trade to the province of Alberta. He's a seasoned corporate finance professional with over 20 years of investment banking and corporate development experience. Mr. McGregor holds a B.A. from Queens University and a M.B.A. from the Rotman School of Management.
Dr. Scott Wrye MD, Independent Director
Dr. Wrye is a private practicing physician and co-founder and director of Cannavative. Scott was an early supporter of medical cannabis, educating and working directly with many patients in northern Nevada for their legal access of medical cannabis. In addition to his community support, Scott has been instrumental in helping Cannavative develop their products and brands. Dr. Wrye is a Cosmetic, Plastic & Reconstructive Surgery Specialist based in Reno Nevada. He's a graduate of New York State University, College of Medicine.
Cannavative will also nominate one additional independent director, acceptable to the parties, for consideration.
Cannavative is a multiple award-winning cultivator and processor in Nevada, including winning Leaflink's Top Brand in Nevada in 2021, a gold and silver medal at the 2020 Las Vegas Cannabis Awards, the 2019 Jack Herer Cup for their vape pen, and Leafly's Best Flower Products brand in 2018. Cannavative has been operational since 2016 (they were the first in Nevada to hold both a cultivation and processing license), and are now selling in over 85% of the state's retail outlets. Cannavative produces a wide variety of flower and extracted products, including its award-winning infused pre-roll, the Motivator, one of Nevada's top selling vapes, Resin8, and their high-quality flower, Cannavative Private Reserve. In addition, Cannavative has recently launched a partnership with WynkTM THC & Seltzer, through which they have the exclusive sales and distribution rights for the state of Nevada. WynkTM is the most widely distributed THC Seltzer in the US.
Cannavative operates out of a 40,000-sf facility, situated on 8.5 acres. The facility includes a 10,000 square foot state-of-the-art, pharmaceutical-grade extraction lab and kitchen. In addition, there is a 2,800 square foot high-tech light deprivation greenhouse on site, with significant ability to expand on the property.
Travel restrictions due to Covid-19 adversely effected Nevada's tourism in 2020 and 2021. However, tourism did rebound in 2021 and that looks to be continuing in 2022. According to the Las Vegas Convention and Visitors Authority, tourism in 2021 was 69% higher than 2020, and January through February 2022 tourist numbers were 80% higher than the same period the previous year. In spite of lower-than-average tourist numbers, cannabis sales in 2021, as published by the State of Nevada Department of Taxation, exceeded $1 billion for the first time.
On September 24, 2018, the Corporation announced the completion of a recapitalization financing, the appointment of a new management team and board of directors and commencement of trading on the CSE. The transactions have transitioned the Corporation from an oil and gas issuer to a merchant capital firm, rebranded as "Vencanna Ventures". The recapitalized Corporation aimed to be a go-to capital provider for early-stage global cannabis initiatives with an emphasis on strong management operating in state compliant jurisdictions with barriers to entry. The Corporation looked to provide investors with a diversified, high-growth, cannabis investment strategy through strategic investments focused throughout the value chain (cultivation, processing and distribution, and including ancillary businesses). In addition, the Corporation worked alongside community leaders and social equity-owned organizations to develop grassroot partnership initiatives. These initiatives include the joint submission of cannabis business applications to be considered for jurisdiction compliant cannabis licenses.
Top Strike Resources Corp.
Suite 310, 250 6th Ave. S.W.
Calgary, AB T2P 3H7
Completion of the Transaction is subject to a number of conditions, including, but not limited to, the execution of the Definitive Agreement, acceptance of the CSE and shareholder approval. The Transaction cannot close until the required CSE acceptance and shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all.
Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of Vencanna should be considered highly speculative.
The CSE has in no way passed upon the merits of the Transaction and has neither approved nor disapproved of the contents of this news release.
Neither the CSE nor the Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect", "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should", "believe", "plans", "intends" and similar expressions are intended to identify forward-looking information or statements. More particularly, and without limitation, this news release contains forward-looking statements and information concerning the signing of a Definitive Agreement in respect of the Transaction, including the terms thereof; timing for completion of the Transaction; required approvals for the completion of the Transaction and the expected receipt thereof; the business plan of the Corporation and Cannavative, including the business plan of the go-forward entity after completion of the Transaction; the anticipated benefits of the Transaction; the market for adult-use cannabis in the United States; the state of the adult-use cannabis market and U.S. regulatory changes in respect thereof; the evolving effects of COVID-19 on the operations of Cannavative and the Nevada cannabis industry, generally The forward-looking statements are founded on the basis of expectations and assumptions made by the Corporation, including expectations and assumptions concerning: the Transaction, including CSE acceptance and shareholder approvals, the execution of the Definitive Agreement in respect thereof and the satisfaction of customary closing conditions in accordance with the terms of the Definitive Agreement; the future operations of, and transactions contemplated by, the Corporation and Cannavative; the impact of increasing competition; timing and amount of capital expenditures; the legislative and regulatory environments of the jurisdictions where the Corporation will carry on business, have operations or plan to have operations; the ability of the Corporation to enter into contracts with companies to provide financing on acceptable terms; conditions in general economic and financial markets; the ability of the Corporation's investments to execute on their business plan; and the Corporation's ability to obtain additional financing on satisfactory terms or at all. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Corporation believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which have been used.
Although Vencanna believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Vencanna can give no assurance that they will provide to be correct. By its nature, such forward-looking information is subject to inherent risks and uncertainties, which could cause the actual results and expectations to differ materially from the anticipated results or expectations expressed. Without limitation, these risks and uncertainties include: the parties being unable to obtain CSE acceptance or shareholder approval; risks inherent in manufacturing and product development; actions and initiatives of federal, state and local governments and changes to government policies and the execution and impact of these actions, initiatives and policies; uncertainty caused by potential changes to regulatory framework; regulatory approval and permits; environmental, health and safety laws; risks associated with the cannabis industry in general; the ability of the Corporation to implement its corporate strategy; the state of domestic and international capital markets; the ability to obtain financing; and changes in general market conditions and current global uncertainty with respect to the evolution and spread of the COVID-19 virus and its effect on the broader global economy and other factors more fully described from time to time in the reports and filings made by the Corporation with securities regulatory authorities.
Readers are cautioned that the assumptions used in the preparation of forward-looking information, although considered reasonable at the time of preparation, may prove to be imprecise. Actual results, performance or achievement could differ materially from those expressed in, or implied by, these forward-looking statements and accordingly there can be no assurance that such expectations will be realized. Vencanna undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by law. The forward-looking information contained herein is expressly qualified by this cautionary statement.
Certain information contained herein has been obtained from published sources prepared by independent industry analysts and third-party sources (including industry publications, surveys and forecasts). While such information is believed to be reliable for the purposes used herein, Vencanna does not assume any responsibility for the accuracy of such information. Some of the sources cited in this news release have not consented to the inclusion of any data from their reports, nor has Vencanna sought their consent.
To the knowledge of Vencanna's management, Vencanna's investments, including its loan to Cannavative, are not in any material non-compliance with applicable licensing requirements and the regulatory framework enacted by the states in which such investments operate.
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| 2022-04-25T20:28:59Z
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WASHINGTON, April 25, 2022 /PRNewswire/ -- On April 27, 200 veterinary professionals will meet with senators, representatives, and their staffs to highlight the importance of legislation that will help increase access to veterinary services in rural areas and reduce the spread of diseases that pose a threat to animal and public health.
As part of the American Veterinary Medical Association's (AVMA) annual legislative fly-in, attendees, who represent 48 states and 20 veterinary schools, will educate congressional offices about the need to pass the Veterinary Medicine Loan Repayment Program (VMLRP) Enhancement Act and the Healthy Dog Importation Act.
"The veterinary community stands united in advocating for Congress to help alleviate Veterinarian Shortage Situations in rural areas by assisting with the significant obstacle of student debt, and to ensure that dogs entering the country are healthy, thus reducing the potential for the spread of diseases that can endanger animal and public health," said Dr. José Arce, AVMA President. "Expanding the VMLRP means increased access to veterinary services for rural populations across the country and strengthening dog importation standards will decrease the chances of future disease outbreaks from the more than 1.2 million dogs imported into the U.S. each year. As veterinary constituents, we look forward to educating Congress about how vital the VMLRP Enhancement Act is to maintaining vibrant rural communities and the importance of strengthening our nation's animal and public health infrastructure by passing the Healthy Dog Importation Act."
The AVMA-endorsed VMLRP Enhancement Act would end federal taxation on VMLRP awards, thus enabling more veterinarians to participate in a program that offers up to $25,000 a year for student loan repayment in exchange for service in U.S. Department of Agriculture (USDA)-designated Veterinarian Shortage Situations. This would make the tax treatment of the awards the same as for the analogous program for physicians. Under the AVMA-championed Healthy Dog Importation Act, the USDA and other federal agencies would receive the necessary resources to monitor and safeguard the health of dogs being brought into the U.S., while ensuring they do not endanger animal and human health.
Co-chairs of the Congressional Veterinary Medicine Caucus, Reps. Kurt Schrader (D-Ore.) and Dusty Johnson (R-S.D.), issued the following statements:
"As the only veterinarian serving in Congress, I take issues of animal health and safety very seriously. I am proud to serve as co-chair of the Congressional Veterinary Medicine Caucus and will continue to champion efforts aimed at the health, welfare, and protection of animals," said Rep Schrader. "I appreciate the work that AVMA is doing and look forward to meeting with them and other veterinary professionals during this year's fly-in to discuss the importance of expanding access to veterinary services, mitigating the spread of zoonotic diseases, and working to get our bipartisan legislation, the Healthy Dog Importation Act, across the finish line."
"The USDA continues to face a rural veterinarian shortage – we need a strong veterinary industry to ensure the health of livestock and pets across America," said Rep. Johnson. "I'm grateful for the AVMA's focus on animal health and dedication to veterinary services in rural states like South Dakota."
For more information on the AVMA's advocacy efforts, subscribe to the AVMA Advocate newsletter.
About the AVMA:
The AVMA is the nation's leading representative of the veterinary profession, speaking for more than 99,500 member veterinarians who care passionately about protecting animal health, animal welfare, and human health. Informed by its members' unique scientific training and knowledge, the AVMA advocates for policies that advance the practice of veterinary medicine and support the crucial work of veterinarians.
FOR MORE INFORMATION
Colin MacCarthy
Media Relations Specialist
American Veterinary Medical Association
Cell/Text: 202-641-2533
cmaccarthy@avma.org
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SOURCE American Veterinary Medical Association
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| 2022-04-25T20:29:08Z
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- Test automation has just witnessed a watershed moment
LONDON, April 25, 2022 /PRNewswire/ -- Virtuoso, the global leader in hyperautomated testing, today announces the launch of their new Live Authoring capability. The revolutionary new functionality allows users to author, execute, and validate their tests in real-time – which is entirely unheard of in the market today.
The new set of features enables bots to validate tests as they are being written ensuring that users know when their test is fit for purpose. In recent trials, Virtuoso's customers have seen test authoring times reduced by a groundbreaking 98x.
How it works: Users can simply author once, see that their test has been tested, and move on to finding actual bugs and not debugging tests. This is all done in-sprint and at never-before-seen velocity. According to a study by Gitlab, conventional Q&A testing is seen as a massive bottleneck for organisations as they aim to deliver new products and services at speed. Virtuoso's new Live Authoring platform not only addresses these historical challenges but presents a completely new and innovative way to spin, release and test in real-time.
The process in Virtuoso's new Live Authoring platform:
- Write tests at unrivalled speed and scale
- Use robotic processes in your test automation strategy
- Ensure your tests are ready to run, the second they are done
- Get in-sprint test automation with zero ramp-up
"Live authoring is everything I had hoped for and more. Being able to debug and guarantee that our test steps work is absolutely transformative because of the speed at which we can now ensure quality" - Steven Baughan, Senior QA at Virtual1
The Virtuoso team will be running a free webinar on Tuesday, 26 April 2022, demoing the live authoring capabilities. Registration is still open here:
Virtuoso is the global leader in test hyperautomation. Launched in 2019, Virtuoso's SaaS software testing platform continues to redefine the boundaries of traditional test automation by providing a completely codeless solution for more robust, reliable testing that executes faster than ever before.
Media Contact
Courtney Glymph
Virtuoso PR
courtney@yourstorypr.com
+44(0)7867488769
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SOURCE Virtuoso
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| 2022-04-25T20:29:15Z
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Rising VTube star, OniGiriEn, will do battle against CEO of Hyper RPG and seasoned Kitchen League vet, Malika, in the next Foodbeast Kitchen League matchup.
SANTA ANA, Calif., April 25, 2022 /PRNewswire/ -- The thirst within the food and drink live streaming community for a communal and fun way to connect with each other has led to Foodbeast's Kitchen League, the unruly and much cooler cousin of every televised cooking competition. The live cooking competition turns up the heat to unprecedented levels by giving control to the viewers in activating sabotages to the Kitchen League competitors as they race to whip up never-before-seen dishes in a mad dash that's all parts mayhem and kitchen hijinks.
With such a one-of-a-kind setup, it's no wonder that Kitchen League has hosted the talents of celebrities, popular streamers and major content creators like T-Pain, Olivia Culpo, Josh Elkin and Tricia Is A Birdy.
In a first, the next Kitchen League clash will have two worlds collide as ascendant VTuber sensation, OniGiriEn, takes on the tough task of battling the crafty and creative CEO of Hyper RPG, Malika. Trust the competition will be fierce and the sabotages aplenty once the two streaming sensations duke it out.
Kitchen League's live competition format is a perfect play for this tremendous matchup, as OniGiriEn's expertise in AR cooking content has the potential to be a formidable challenge to Malika's showmanship and stratospheric creativity in streaming and the kitchen.
Will OniGiriEn deliver Malika a virtual beatdown? Or will Malika one-up another foe in Kitchen League competition? Tune in on Thursday, April 28, 2022 at 4pm PST on Twitch.com/Foodbeast to see who will come out on top.
About Foodbeast:
Foodbeast is a privately operated food media company on a mission to make food as fun and interactive as possible on every platform. Over 50+ million people monthly tune in to Foodbeast's content, with a following of over 8+ million across all social platforms. Foodbeast operates a publishing house, influencer network, creative agency and offers a line of consumer goods.
About Foodbeast Kitchen League:
Foodbeast's Kitchen League has "reinvented the traditional cooking show by inviting viewers to help or sabotage celebrity competitors in a live showdown on Twitch." [AdWeek].
Kitchen League is the world's only live cooking competition. The studio cooking show is broadcast live on streaming platform Twitch with the audience invited to participate by activating sabotages or protections to spice up the battle. Every match is regulated by rules, judges and officially ranked match statistics are available on foodbeast.com/kitchenleague.
Contact: Elie Ayrouth
elie@foodbeast.com
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SOURCE Foodbeast
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https://www.whsv.com/prnewswire/2022/04/25/vtuber-will-participate-live-cooking-competition-first-time-ever-foodbeasts-hit-twitch-program-kitchen-league/
| 2022-04-25T20:29:22Z
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ROCHESTER, N.Y., April 25, 2022 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, is pleased to announce that the Company will host a conference call regarding its first quarter 2022 operating results at 4:30 PM Eastern Time (ET), May 10, 2022.
To join the live conference call, please dial 877-709-8150 (U.S. and Canadian callers) or 201-689-8354 (international callers outside of the U.S. and Canada) 10 to 15 minutes prior to the scheduled call time. Participants can also click this link for instant telephone access to the event. The link will become active approximately 15 minutes prior to the start of the conference call.
Additionally, a live and archived webcast of the conference call will be available on the investor relations page of the Company's website at: https://ir.vuzix.com/ or directly at https://event.choruscall.com/mediaframe/webcast.html?webcastid=Sks0BRX8.
Participating on the call will be Vuzix Chief Executive Officer and President Paul Travers and Chief Financial Officer Grant Russell, who will discuss operational and financial highlights for the quarter ended March 31, 2022.
Investors who would like to submit questions to management for response during the call's Q&A session, time permitting, can do so by emailing Ed McGregor at ed_mcgregor@vuzix.com prior to the start of the call.
Telephonic and webcast replays will be available for 30 days starting on May 10, 2022 at approximately 5:30 PM (ET). To access the telephonic replay, please dial 877-660-6853 in the U.S. or Canada and 201-612-7415 for international callers. The conference ID# is 13729447.
Vuzix is a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 246 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2022 and several wireless technology innovation awards, among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, and Tokyo, Japan. For more information, visit the Vuzix website, Twitter and Facebook pages.
Ed McGregor, Director of Investor Relations
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985
Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com
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| 2022-04-25T20:29:28Z
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Gruber Painting in San Jose, California Specializes in Interior and Exterior House Painting along with Superior Customer Service
SAN JOSE, Calif., April 25, 2022 /PRNewswire/ -- Joel Gruber, Founder of the Bay Area painter company Gruber Painting, understands that when people are on Google searching for "A House Painter Near Me" they may have questions about the companies that pop up.
As Gruber noted, when his company comes up in this type of Google search, people can rest assured that Gruber Painting is one of the best possible pro painting contractors in the Bay Area.
To read a new blog titled "When Searching On Google For A House Painter Near Me, Think Of Gruber Painting," please visit https://gruberpainting.com/when-searching-on-google-for-a-house-painter-near-me-think-of-gruber-painting/.
Gruber Painting is pleased to offer the best residential painting with the best warranty, payment options, and a solid emphasis on customer service.
"Since 2007, Gruber Painting has grown from a small, one-person operation to one of the most respected names in residential and commercial painting throughout San Mateo, Alameda, and Santa Clara Counties," Gruber noted.
"Every interior and exterior residential house painting job we undertake proudly maintains the same principles and commitment to excellence upon which I founded the company, so you know you're choosing the absolute best of the exterior painting companies near you."
In addition to being one of the closest "house painters near me" Gruber said he is proud to offer the most comprehensive list of services for his clients in San Jose, including these neighborhoods:
- Alviso
- Japantown
- Little Italy
- Little Portugal
- Little Saigon
- Mayfair
- Naglee Park
- Rose Garden
- Santana Row
- The Alameda
- West San Jose
- Willow Glen
From a small area with lots of fine details to a total interior or exterior home painting rehabilitation, the friendly and experienced team from Gruber Painting is ready and willing to help.
About Gruber Painting:
Gruber Painting was established in April of 2009. They offer Interior and Exterior Paint Services, Interior Redecorations, and Minor Restoration Service in the Silicon Valley. Serving San Mateo and Santa Clara Counties plus parts of Alameda County, Gruber Painting treats each client's home or office even better than they would their own, from Day One to Job Done. For more information, please visit https://www.gruberpainting.com/.
61 Bonaventura Dr.
San Jose, CA 95134
650-417-5323
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https://www.whsv.com/prnewswire/2022/04/25/when-searching-house-painter-near-me-san-jose-gruber-painting-is-an-outstanding-choice/
| 2022-04-25T20:29:35Z
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- GAAP net earnings margin of 6.4% (down 170 basis points) and ongoing (non-GAAP) EBIT margin(2) of 9.4% (down 300 basis points), despite increased inflation of over $400 million
- Delivered GAAP and ongoing (non-GAAP) earnings per diluted share(1) of $5.33 and $5.31, respectively
- Robust sales growth compared to pre-pandemic levels with healthy underlying consumer demand
- The North America region delivered strong performance with EBIT(3) margins of 16.3% in a supply constrained environment, as cost-based price increases partially offset inflation
- Revised full-year 2022 guidance to $24.00 to $26.00 earnings per diluted share on a GAAP and ongoing basis(2), cash provided by operating activities of $1.95 billion and free cash flow(4) of $1.25 billion
- Increased share repurchase authorization by $2 billion and repurchased $533 million of shares in the quarter; Approximately $2.9 billion in remaining repurchase authorization
- Initiated strategic review of our EMEA business; such assessment expected to be concluded by Q3 2022
- Committed to accelerating the transformation of our portfolio with a focus on high growth and high margin businesses
- Strong balance sheet supports various strategic initiatives
BENTON HARBOR, Mich., April 25, 2022 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR), committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home, today reported first quarter 2022 financial results.
KEY RESULTS
CASH FLOW
QUARTERLY HIGHLIGHTS
- Robust net sales growth of 13.8% and organic net sales (non-GAAP) growth of 17.3% compared to 2020 levels, with strong underlying demand for Whirlpool products
- Go-to-market actions delivered 600 basis points of price/mix with positive contribution from every region across the globe
- Increased quarterly dividend by 25% to $1.75 per share, ten consecutive years of dividend increases
REGIONAL REVIEW
- Industry volumes down 4 percent year over year, up 24 percent compared to 2019
- EBIT margin(3) of 16.3 percent, compared to 19.9 percent in the same prior-year period, driven by inflation and operating inefficiencies partially offset by cost-based price increases
- Demand negatively impacted by war in Ukraine; Revenue decline, excluding currency, of 0.5 percent
- EBIT margin(3) of (2.5) percent, compared to 1.8 percent in the same prior-year period, impacted by inflation, partially offset by cost-based price increases and cost actions
- Revenue growth driven by cost-based price increases
- EBIT margin(3) of 7.1 percent, compared to 8.5 percent in the same prior-year period, impacted by inflation partially offset by top-line results
- Top-line decline largely attributed to Whirlpool China divestiture(5)
- EBIT margin(3) of 4.8 percent, compared to 5.1 percent in the same prior-period year, impacted by inflation, partially offset by cost-based price increases
FULL-YEAR 2022 OUTLOOK
- Expect full-year 2022 net sales growth of 2 to 3 percent
- Reduced earnings per diluted share to $24.00 to $26.00 from $27.00 to $29.00 on a GAAP and ongoing basis
- Reduced cash provided by operating activities to $1.95 billion from $2.2 billion and free cash flow(4) to $1.25 billion from $1.5 billion
- GAAP and adjusted tax rate (non-GAAP) of 24 to 26 percent remain unchanged
ABOUT WHIRLPOOL CORPORATION
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.
WEBSITE DISCLOSURE
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.
WHIRLPOOL ADDITIONAL INFORMATION
This document contains forward-looking statements about Whirlpool Corporation and its consolidated subsidiaries ("Whirlpool") that speak only as of this date. Whirlpool disclaims any obligation to update these statements. Forward-looking statements in this document may include, but are not limited to, statements regarding future financial results, long-term value creation goals, portfolio transformation, restructuring and repurchase expectations, productivity, direct-to-consumer sales growth, raw material prices and the impact of COVID-19 and the Russia/Ukraine conflict on our operations. Such statements can be identified by the use of terminology such as "may," "could," "will," "should," "possible," "plan," "predict," "forecast," "potential," "anticipate," "estimate," "expect," "project," "intend," "believe," "may impact," "on track," and similar words or expressions. Many risks, contingencies and uncertainties could cause actual results to differ materially from Whirlpool's forward-looking statements. Among these factors are: (1) the ongoing Russian invasion of Ukraine and related conflict and sanctions; (2) COVID-19 pandemic-related business disruptions and economic uncertainty; (3) intense competition in the home appliance industry reflecting the impact of both new and established global competitors, including Asian and European manufacturers, and the impact of the changing retail environment, including direct-to-consumer sales; (4) Whirlpool's ability to maintain or increase sales to significant trade customers and the ability of these trade customers to maintain or increase market share; (5) Whirlpool's ability to maintain its reputation and brand image; (6) the ability of Whirlpool to achieve its business objectives and leverage its global operating platform, and accelerate the rate of innovation; (7) Whirlpool's ability to understand consumer preferences and successfully develop new products; (8) Whirlpool's ability to obtain and protect intellectual property rights; (9) acquisition and investment-related risks, including risks associated with our past acquisitions; (10) Whirlpool's ability to navigate risks associated with our presence in emerging markets; (11) risks related to our international operations, including changes in foreign regulations; (12) Whirlpool's ability to respond to unanticipated social, political and/or economic events; (13) information technology system failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity attacks; (14) product liability and product recall costs; (15) the ability of suppliers of critical parts, components and manufacturing equipment to deliver sufficient quantities to Whirlpool in a timely and cost-effective manner; (16) our ability to attract, develop and retain executives and other qualified employees; (17) the impact of labor relations; (18) fluctuations in the cost of key materials (including steel, resins, copper and aluminum) and components and the ability of Whirlpool to offset cost increases; (19) Whirlpool's ability to manage foreign currency fluctuations; (20) impacts from goodwill impairment and related charges; (21) triggering events or circumstances impacting the carrying value of our long-lived assets; (22) inventory and other asset risk; (23) health care cost trends, regulatory changes and variations between results and estimates that could increase future funding obligations for pension and postretirement benefit plans; (24) litigation, tax, and legal compliance risk and costs, especially if materially different from the amount we expect to incur or have accrued for, and any disruptions caused by the same; (25) the effects and costs of governmental investigations or related actions by third parties; (26) changes in the legal and regulatory environment including environmental, health and safety regulations, and taxes and tariffs; (27) Whirlpool's ability to respond to the impact of climate change and climate change regulation; and (28) the uncertain global economy and changes in economic conditions which affect demand for our products. Additional information concerning these and other factors can be found in Whirlpool's filings with the Securities and Exchange Commission, including the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. Price increases and/or actions referred to throughout the document reflect previously announced cost-based price increases.
SUPPLEMENTAL INFORMATION - CONSOLIDATED FINANCIAL STATEMENTS RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(Millions of dollars except per share data)
(Unaudited)
We supplement the reporting of our financial information determined under U.S. generally accepted accounting principles (GAAP) with certain non-GAAP financial measures, some of which we refer to as "ongoing" measures, including earnings before interest and taxes (EBIT), EBIT margin, ongoing EBIT, ongoing EBIT margin, ongoing earnings per diluted share, adjusted effective tax rate, sales excluding currency and free cash flow. Ongoing measures exclude items that may not be indicative of, or are unrelated to, results from our ongoing operations and provide a better baseline for analyzing trends in our underlying businesses. Sales excluding foreign currency is calculated by translating the current period net sales, in functional currency, to U.S. dollars using the prior-year period's exchange rate compared to the prior-year period net sales. Management believes that sales excluding foreign currency provides stockholders with a clearer basis to assess our results over time, excluding the impact of exchange rate fluctuations. Management believes that adjusted tax rate provides investors with a meaningful, consistent comparison of the Company's effective tax rate, excluding the pre-tax income and tax effect of certain unique items. Management believes that free cash flow and adjusted free cash flow provides investors and stockholders with a relevant measure of liquidity and a useful basis for assessing the company's ability to fund its activities and obligations. The Company provides free cash flow related metrics, such as adjusted free cash flow as a percentage of net sales, as long-term management goals, not an element of its annual financial guidance, and as such does not provide a reconciliation of adjusted free cash flow to cash provided by (used in) operating activities, the most directly comparable GAAP measure, for these long-term goal metrics. Whirlpool does not provide a non-GAAP reconciliation for its forward-looking long-term value creation goals, such as organic net sales, EBIT, free cash flow conversion, ROIC and gross debt/EBITDA, as these long-term management goals are not annual guidance, and the reconciliation of these long-term measures would rely on market factors and certain other conditions and assumptions that are outside of the company's control. We believe that these non-GAAP measures provide meaningful information to assist investors and stockholders in understanding our financial results and assessing our prospects for future performance, and reflect an additional way of viewing aspects of our operations that, when viewed with our GAAP financial measures, provide a more complete understanding of our business. Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies' non-GAAP financial measures having the same or similar names. These ongoing financial measures should not be considered in isolation or as a substitute for reported net earnings available to Whirlpool per diluted share, net earnings, net earnings available to Whirlpool, net earnings margin, net sales, effective tax rate and cash provided by (used in) operating activities, the most directly comparable GAAP financial measures. We also disclose segment EBIT an important financial metric used by the Company's Chief Operating Decision Maker to evaluate performance and allocate resources in accordance with ASC 280 - Segment Reporting. GAAP net earnings available to Whirlpool per diluted share and ongoing earnings per diluted share are presented net of tax, while individual adjustments in each reconciliation are presented on a pre-tax basis; the income tax impact line item aggregates the tax impact for these adjustments. The tax impact of individual line item adjustments may not foot precisely to the aggregate income tax impact amount, as each line item adjustment may include non-taxable components. Historical quarterly earnings per share amounts are presented based on a normalized tax rate adjustment to reconcile quarterly tax rates to full-year tax rate expectations. We strongly encourage investors and stockholders to review our financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure.
FIRST-QUARTER 2022 ONGOING EARNINGS BEFORE INTEREST AND TAXES AND ONGOING EARNINGS PER DILUTED SHARE
The reconciliation provided below reconciles the non-GAAP financial measures ongoing earnings before interest and taxes and ongoing earnings per diluted share, with the most directly comparable GAAP financial measures, net earnings available to Whirlpool and net earnings per diluted share available to Whirlpool, for the three months ended March 31, 2022. Net earnings margin is calculated by dividing net earnings available to Whirlpool by net sales. Ongoing EBIT margin is calculated by dividing ongoing EBIT by net sales. EBIT margin is calculated by dividing EBIT by net sales. The earnings per diluted share GAAP measure and ongoing measure are presented net of tax, while each adjustment is presented on a pre-tax basis. Our first-quarter GAAP tax rate was 24.8%. The aggregate income tax impact of the taxable components of each adjustment is presented in the income tax impact line item at our first-quarter adjusted tax rate (non-GAAP) of 25.0%.
FIRST-QUARTER 2021 ONGOING EARNINGS BEFORE INTEREST AND TAXES AND ONGOING EARNINGS PER DILUTED SHARE
The reconciliation provided below reconciles the non-GAAP financial measures ongoing earnings before interest and taxes and ongoing earnings per diluted share, with the most directly comparable GAAP financial measures, net earnings available to Whirlpool and net earnings per diluted share available to Whirlpool, for the three months ended March 31, 2021. Net earnings margin is calculated by dividing net earnings available to Whirlpool by net sales. Ongoing EBIT margin is calculated by dividing ongoing EBIT by net sales. EBIT margin is calculated by dividing EBIT by net sales. The earnings per diluted share GAAP measure and ongoing measure are presented net of tax, while each adjustment is presented on a pre-tax basis. Our first-quarter GAAP tax rate was 26.5%. The aggregate income tax impact of the taxable components of each adjustment is presented in the income tax impact line item at our first-quarter adjusted tax rate (non-GAAP) of 25.0%.
ORGANIC NET SALES
The reconciliation provided below reconciles the non-GAAP financial measure organic net sales to GAAP reported net sales, for three months ended March 31, 2020 and 2022 for the company.
FREE CASH FLOW
Free cash flow is cash provided by (used in) operating activities after capital expenditures. The reconciliation provided below reconciles three months ended March 31, 2022 and 2021 and 2022 full-year free cash flow with cash provided by (used in) operating activities, the most directly comparable GAAP financial measure. Free cash flow as a percentage of net sales is calculated by dividing free cash flow by net sales.
Throughout 2021 and comparable periods, the Company defined adjusted free cash flow as cash provided by (used in) operating activities less capital expenditures and including proceeds from the sale of assets/businesses, and changes in restricted cash. Starting in 2022, the Company presents free cash flow which is cash provided by (used in) operating activities less capital expenditures. Adjusted free cash flow of $132 million for the first quarter of 2021 has been restated to $109 million free cash flow measure to conform with current year presentation.
*Financial guidance on a GAAP basis for cash provided by (used in) financing activities and cash provided by (used in) investing activities has not been provided because in order to prepare any such estimate or projection, the Company would need to rely on market factors and certain other conditions and assumptions that are outside of its control.
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| 2022-04-25T20:29:43Z
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Upgrades will benefit more than 20,000 customers in the Mahoning Valley
YOUNGSTOWN, Ohio, April 25, 2022 /PRNewswire/ -- FirstEnergy Corp. (NYSE: FE) subsidiary Ohio Edison is completing grid modernization work in the greater Youngstown area to help enhance electric service reliability for residents and businesses. The work includes the installation of new, automated equipment and technology in substations and along power lines to help prevent power outages and restore service faster for more than 20,000 customers in parts of Youngstown, Austintown, Girard and nearby areas.
"Every project is customized and designed to address the particular reliability needs of each community where work is being done," said Ed Shuttleworth, president of FirstEnergy's Ohio operations. "While events out of our control, like severe weather or vehicle accidents, still have the potential to cause outages, we are taking steps to minimize the impact of service interruptions when they do occur, often limiting them to just a brief or momentary outage."
Utility personnel are upgrading electrical equipment in five substations in Trumbull and Mahoning counties, as well as modernizing the power lines that deliver electric service to customers from those facilities. Hundreds of homes and businesses in the area will benefit from the installation of nearly 40 new automated reclosing devices in the substations and along power lines to help limit the frequency, duration and scope of service interruptions.
These electrical devices work like a circuit breaker in a home that shuts off power when trouble occurs, with the added benefit of automatically reenergizing a substation or power line within seconds for certain types of outages to keep power safely flowing to customers. This technology is safer and more efficient because it often allows utility personnel to automatically restore service to customers in lieu of sending a crew to investigate.
If the device senses a more serious issue, like a fallen tree on electrical equipment, it will isolate the outage to that area and limit the total number of affected customers. The device's smart technology will quickly pinpoint the location of the fault and help utility personnel better understand the cause of the outage to help speed restoration.
Locations for these automated devices were determined based on a review of historical outage patterns across greater Youngstown to identify the areas that could benefit most from new technology.
Additional power lines that tie together existing circuits are also being constructed to provide more flexibility in restoring service following outages. The new power lines will help reduce the length and overall number of customers impacted during an outage by switching them to a backup line for faster service restoration.
Lastly, capacitor banks are being installed to help ensure all customers served by a single power line receive the same flow of safe, reliable power by evenly distributing electricity down the line. These devices are expected to reduce energy usage for customers served near the beginning of a power line because they will benefit from lower power voltages being fed into their homes or businesses.
The work underway is expected to be completed by the end of this year and builds upon system upgrades that were completed in the Mahoning Valley over the past two years as part of Ohio Edison's initial three-year portfolio of grid modernization work. As a result of the work, thousands of customers in Trumbull County have seen their average restoration times improve by nearly half an hour in more complex outage scenarios, such as equipment damage from severe weather or a vehicle accident.
Beyond the infrastructure upgrades underway in the Youngstown area, the company plans to complete tree-trimming work and equipment inspections this year along more than 1,000 miles of power lines to reinforce existing infrastructure and minimize the impact of damage caused by storms.
Ohio Edison serves more than one million customers across 34 Ohio counties. Follow Ohio Edison on Twitter @OhioEdison and on Facebook at www.facebook.com/OhioEdison.
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at www.firstenergycorp.com and on Twitter @FirstEnergyCorp.
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| 2022-04-25T20:29:49Z
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Abraham Lincoln and Stephen A. Douglas of Illinois (1860). Ronald Reagan and Richard Nixon of California (1968). Hubert H. Humphrey (1968) and Eugene McCarthy (1972) of Minnesota. John Lindsay and Shirley Chisholm of New York (1972). Pete DuPont and Joe Biden of Delaware (1988). Paul Simon and Jesse Jackson of Illinois (1988). Jeb Bush and Marco Rubio of Florida (2016). Kirsten Gillibrand and Bill de Blasio of New York (2020).
And now Donald J. Trump, Ron DeSantis and maybe Rick Scott and Marco Rubio of Florida - presidential candidates from the same state at the same time.
Florida, modern mother of presidents.
It's no Virginia, with eight presidents - and four of the first five chief executives. Not exactly Ohio either, with seven. Massachusetts had four, with two unsuccessful nominees in the 21st century alone.
But Florida - which never has sent a president to Washington - has a resident former president and a pack of ambitious presidential candidates. Trump is firmly ensconced, and DeSantis definitely is girding for a campaign. The Florida governor is one of the few Republicans who have not foresworn a campaign if Trump decides to run in 2024 - despite Trump's taunts that DeSantis owes his career to his endorsement four years ago.
This potential intrastate struggle shines a bright light on the coming of age of Florida as a vital political state.
For decades, the Sunshine State was a political backwater. A century ago, it had fewer than one-seventh the electoral votes of New York, a state it recently surpassed to become the third biggest prize in a general election. Nebraska had more power in the 1924 election than did Florida.
In those days, nobody cared about Florida politics. Hardly anyone campaigned here. It didn't much matter; it voted Democratic in every election but one from 1880 (when it went for Winfield Scott Hancock) to 1948 (when it sided with Harry Truman). Its only importance in national politics was as the staging ground for the marauding of Andrew Jackson (attacking the Seminoles); as the place where Franklin Delano Roosevelt was almost assassinated (in a 1933 attack just before Inauguration Day); and where presidents (including Warren G. Harding, FDR, Truman, John F. Kennedy, Nixon and George H.W. Bush) sought relaxation and fishing.
In the Truman years, his Key West cottage was known as the Little White House. After Kennedy defeated Nixon in 1960, the victor flew south from Palm Beach to meet the vanquished, and amid rumors that the defeated candidate might win a role in his rival's administration, they met at the Key Biscayne Hotel. That position never materialized, but their session was cordial.
Now Florida is a different sort of political staging ground. In this century, it's been a vital part of presidential politics, its electoral votes often swinging a political contest (as it did in 2000 for George W. Bush) or providing an important election night signal of the country's direction (as it did for Trump in 2016). Since 2008, Florida has voted Democratic twice and Republican twice.
The New Deal-era Federal Writers Project guide to the state characterized Florida as "at once a pageant of extravagance and a land of pastoral simplicity, a flood-lighted stage of frivolity and a behind-the-scenes struggle for existence."
Now the behind-the-scenes struggle for existence occurs in the old bridal suite of Mar-a-Lago that Trump, operating as a modern ward heeler, transformed into a Republican power center.
There, in a mansion built a century ago by Marjorie Merriweather Post, the former president is attempting to be a kingmaker in races - secretary of state, governor, senator - across the country. Candidates come beseeching Trump for his endorsement. Some win it, others return home empty-handed. The first test of the value of his endorsement comes in about 10 days, when in the Ohio GOP Senate primary, the Trump-endorsed candidate, J.D. Vance, faces former state Treasurer Josh Mandel and investment banker Mike Gibbons.
DeSantis once was one of those supplicants. No longer.
The governor is respectful of Trump but at the same time is trying to remain independent of him, regarding him the way Georges Clemenceau of France regarded Prince Bismarck: "a dangerous enemy but perhaps a more dangerous friend." He wants maximum latitude to make his own decision about a presidential race rather than to respond to the former president's moods, inclinations and plans. It's a difficult maneuver, a bit like encountering an angry alligator in a Florida swamp: Don't play dead, but get out of the way.
Trump today is mostly a man of talk, DeSantis a man of action. The governor is appealing to the Trump base with his defiance of mask and vaccine mandates, his support of "Don't Say Gay" legislation and his signature, just this month, on legislation banning abortion after 15 weeks. Last Monday, he praised the rejection of 54 math textbooks for including banned social topics. The next day he took on Disney's special status in Florida.
In a conventional era, he would be set up to inherit the base created by a formidable figure, like Truman did from FDR in 1948 and George H.W. Bush did from Reagan in 1988. But this is an unusual time in the American passage, and Trump as the lion in winter still covets a national roar.
In this circumstance, DeSantis must win a tough reelection race against the nominee selected by the Democrats, who themselves have a spirited race between, among others, Charlie Crist, a former governor and House member, and Nikki Fried, the agricultural commissioner. At the same time, Rubio is running for a third Senate term; it remains possible the onetime 2016 presidential candidate might mount a 2024 campaign. So might Scott.
Florida is, at the very least, the mother of potential presidential candidates.
In the state's first presidential vote in 1848, the 4,120 residents who voted for Zachary Taylor helped him defeat Lewis Cass. Florida has voted for the winner in 21 of the 24 elections since 1928. What happens in Florida doesn't stay in Florida. And who emerges as a force in Florida could travel a long road outside the state.
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https://www.heraldandnews.com/klamath/commentary-florida-is-the-mother-of-potential-presidential-candidates/article_c4c890e9-08a7-5e06-8f07-a7067960fdb9.html
| 2022-04-25T20:53:08Z
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Winners for election to the U.S. House in Oregon, who are mostly incumbents, typically raise campaign treasuries for the whole of an election cycle of up to about $2 million.
Sometimes they raise more (as in the 4th Congressional District race in 2020), but that’s unusual.
What’s happening this year in the 6th Congressional District, a new district with no incumbent and not even a clear front-running candidate, is beyond unusual.
This new activity is in the Democratic primary long before we’ve gotten to the general election phase, though not among the candidates who have been active and successful in Oregon politics. They include state Rep. Andrea Salinas, D-Lake Oswego, (who has many of the highest-profile endorsements and has looked like a front runner), Rep. Teresa Alonso León, D-Woodburn, and former Multnomah County Commissioner Loretta Smith. They and others have raised significant but normal-level funds.
The outside-the-norm here seems to be driven by, of all things that would never occur to most Oregonians, cryptocurrency.
First, there’s the treasury of candidate Cody Reynolds, who has reported lending himself $2 million for the campaign. As Steven Reynolds, he ran for federal offices four times up to 2018, including a 2016 effort as an independent for the U.S. Senate, receiving only a smattering of votes.
Whence this new infusion? Presumably, from the world of cryptocurrency; he has had an extensive and sometimes complicated background with a number of crypto firms over the last decade.
Phantom candidate
Reynolds isn’t leading when it comes to crypto (so far) in this primary.
Carrick Flynn is an Oregon native who spent most of his working life in the Washington area, returning during the pandemic to work from Oregon, now at McMinnville, but never actively involved in Oregon politics. Rivals have called him a “phantom candidate,” and note he has voted just twice in Oregon since 2000.
He would qualify as a complete unknown with almost no chance of winning but for this: A gusher of TV ads backing his candidacy amounting to $5 million from a political action committee called Protect Our Future. The committee is run by 30-year-old billionaire Sam Bankman-Fried of Phoenix, Arizona, whose money seems to come from cryptocurrency.
The ads have overwhelmed TV political advertising in the 6th. He has been described as “the world’s richest crypto billionaire.”
What’s an Arizona billionaire doing in this Oregon race? Wikipedia describes him as a high-end securities trader who became heavily involved in cryptocurrency about five years ago.
“In January 2018, Bankman-Fried organized an arbitrage trade, moving up to $25M per day, to take advantage of the higher price of bitcoin in Japan compared to in America. After attending a late 2018 cryptocurrency conference in Macau, and while also inspired by the concurrent fork (split) of Bitcoin Cash, he moved to Hong Kong. He founded FTX, a cryptocurrency derivatives exchange, in April 2019, and it then launched the following month. On December 8, 2021, Bankman-Fried, along with other industry executives, testified before the Committee on Financial Services in relation to regulating the cryptocurrency industry,” according to the Wikipedia entry.
That last connects directly with interest in races for the U.S. House.
$5 million spend
Flynn has said he has no background in, or policy interest in cryptocurrency, that his link to Protect Our Future concerned pandemic policy. But, especially at this stage of the pandemic, that seems a thin reason for spending $5 million.
That PAC infusion soon was followed by another big assist from the Democratic House Majority PAC, “the only PAC focused exclusively on electing Democrats to the U.S. House of Representatives,” of about $1 million. Usually it reserves donations for general election campaigns rather than a primary, especially where no incumbents are involved.
This got a lot of attention. U.S. Jeff Merkley, D-Oregon, complained via Twitter: “I haven’t endorsed in this race, but it’s flat out wrong for House Majority PAC to be weighing in when we have multiple strong candidates vying for the nomination.”
Most of the rest of the Democratic field, including Salinas, Leon, Smith, physician Kathleen Harder of Salem, engineer Matt West and even Reynolds signed an unusual letter of protest.
“House Majority PAC — House Democratic leadership’s super PAC, allegedly tasked with holding Republicans accountable and electing Democrats to Congress — should not be spending resources to divide Democrats,” they wrote. “With so much needed to defend the House, how can they afford involvement in a primary? Why is this happening? Where is this money coming from? And what does its source want in exchange?”
Those questions, which sound valid, are only a few that come to mind. They might be obviated – for now – by the results of the primary. Or not.
Randy Stapilus has researched and written about Northwest politics and issues since 1976 for a long list of newspapers and other publications. A former newspaper reporter and editor, and more recently an author and book publisher, he lives in Carlton.
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https://www.heraldandnews.com/klamath/commentary-the-curious-case-of-crypto-as-a-player-in-oregon-politics/article_86399599-bf41-58a0-8dac-12ad53130c07.html
| 2022-04-25T20:53:09Z
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Oregon’s 17 community colleges have committed to keeping tuition low next year in the face of rising costs from inflation and declining enrollments.
Four community colleges are planning no tuition increases, including Portland Community College, the state’s largest by enrollment.
At most of the other community colleges, tuition will go up by no more than a few dollars per credit hour, with the maximum increase being $8.50 per credit hour, at Lane Community College in Eugene.
Tuition increases have wither been proposed or accepted at all seven of Oregon’s public four-year universities, adding anywhere from $475 a year to more than $700 per year to tuition costs.
Depending on the college, between one-third and half of Oregon community colleges’ funding comes from tuition, according to the state Higher Education Coordinating Commission. The rest comes from state appropriations and local property taxes.
From the 2019-20 school year to the 2020-21 school year, community college enrollments dropped by 23%. In 2021, enrollments were down about 1%, a sign that pandemic effects on enrollment might be waning.
Overall, community colleges enroll 60,000 fewer students today than they did a decade ago – a 40% drop – as Oregon’s population has grown.
Where tuition will rise by a few dollars
In-state tuition at Blue Mountain Community College in Pendleton, Tillamook Bay Community College in Tillamook and Mt. Hood Community College in Gresham will go up by just $2 per credit hour, or about $24 per semester for a full time student. Full-time is defined as 12 credit hours per semester.
At Mt. Hood, tuition for out-of-state students will go up by $4 per credit hour, but those students make up less than 1% of total enrollment. Tuition for in-state residents at Mt. Hood has gone up 34% in the last nine years, according to the University’s website. Students will pay $465 more per semester this fall than students who enrolled in the fall of 2013.
Ross Tomlin, president at Tillamook Bay Community College said of their increases that, “Our board feels it is better to make small increases each year rather than waiting several years and having to make a much larger increase. All costs are going up and we are trying to keep up with expanding costs without burdening students too much.”
At Southwestern Community College in Coos Bay and Treasure Valley Community College in Ontario, each credit hour will cost $3 more. At Treasure Valley, the increase is a response to higher costs for utilities, insurance and other expenses, according to Abby Lee, a public information officer for the college.
In Bend, Central Oregon Community College will raise tuition by $4 per credit hour for Oregon residents. Last year the college kept tuition flat and waived online course fees for students. Laurie Chesley, college president, said in a statement that “rising costs associated with inflation and the Covid-impacted economy, as well as making sure our employees are fairly compensated, have necessitated a slight tuition increase.”
Where tuition will rise by $5 per credit hour or more
Umpqua Community College in Roseburg will raise tuition by $5 per credit hour to bring a semester of full-time classes up to $1,380 for Oregon residents. It’s an increase of about $60 per semester.
The increase of nearly 5% is still well below the 8.5% inflation experienced nationwide, said Suzi Pritchard, the director of communications at the college.
“We will still remain one of the lowest tuition costs in the state,” Pritchard said.
Umpqua will also introduce a new plan to lock-in first-year tuition rates for students, so they pay the same price over three years that they did during their first year.
Tuition at Linn-Benton Community College in Albany is also up about $5 per credit hour. At Linn-Benton, students have expressed they would rather have a small increase each year rather than a larger one the next to make up for lost ground, according to Jennifer Boehmer, executive director for institutional advancement.
Clackamas Community College in Oregon City and Chemeketa Community College in Salem will each raise tuition by $6 per credit hour. At Chemeketa, the increase is due to rising and inflationary operations costs and enrollment declines, according to Aaron Hunter, the college’s chief financial officer.
The steepest increase would be at Lane Community College in Eugene, which is awaiting board approval on raising tuition $8.50 more per credit hour, which includes a raised technology fee per credit hour.
“We sincerely regret that Oregon students have to pay tuition increases, but to continue to offer the programs and services that they need to get sustainable jobs and transfer opportunities, Lane Community College, like so many others, needed to increase tuition,” according to an email from Margaret Hamilton, the college president.
Columbia Gorge Community College in The Dalles did not answer calls or emails requesting information.
Klamath Community College in Klamath Falls will decide in May about raising tuition.
Where tuition will not go up
Tuition will remain flat at Clatsop Community College in Astoria, Rogue Community College in Grants Pass, Portland Community College and Oregon Coast Community College in Newport. It is the second year in a row that Oregon Coast has left tuition unchanged.
The school’s president, Brigitte Ryslinge, said in an email that the decision to do so “makes a difficult budget scenario even more challenging, but our board and college administration agreed that if we could manage another year easing access for students, that was the right thing to do.”
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https://www.heraldandnews.com/klamath/despite-enrollment-losses-inflation-community-colleges-propose-little-to-no-tuition-increases/article_f7ef3580-18d2-5c2c-b94c-c8a04460b0f6.html
| 2022-04-25T20:53:11Z
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Moms and others concerned about addiction rallied in Portland on Saturday, calling for the Oregon Health Authority to take effective and immediate action against substance use.
They included a father who lost his son two years ago after he consumed a counterfeit opioid pill he bought online that was laced with fentanyl.
They included a mom with a 35-year-old son who recently relapsed with a drug addiction.
And they included at least three moms whose children are struggling with addiction on the streets of Portland.
They gathered outside the northeast Portland office of the Oregon Health Authority.
The rally was organized by Mike Marshall, executive director of Oregon Recovers, an advocacy group. He has frequently criticized the state agency’s handling of Measure 110. The ballot measure, passed in November 2020, decriminalized the possession of personal amounts of drugs and was supposed to build recovery facilities throughout the state, pay for harm reduction and point addicts towards treatment. But two years later little of the nearly $300 million allocated has been spent while Oregon’s addiction crisis continues.
Since the start of the pandemic in March 2020, alcohol-related deaths have jumped more than 70% and drug overdose fatalities have risen nearly 40%, according to state data. Residential treatment capacity for adults and adolescents has also fallen, and the state has shelved a public education campaign against over drinking, Marshall said.
He said the Oregon Health Authority has failed to help an advisory group that is overseeing the distribution of Measure 110 funds. They have a lot of experience with addiction but little experience allocating taxpayer dollars.
“Take action – or resign,” the group repeatedly chanted, while speakers addressed the need for addiction and recovery services in Oregon.
In recent years, the state consistently has ranked near the top in the prevalence of addiction and at or near the bottom in access to treatment in nationwide surveys by the federal government and mental health groups.
“We need to just find the beds,” Marshall told the group, referring to residential treatment facilities.
One mother, who asked to remain anonymous to protect the identity of her 29-year-old son, said he is living on the streets of Portland. He’s been on a waiting list for residential treatment twice – one was a two-month wait and the other for more than six months – but he never entered treatment because he lost the desire.
On the platform, Marshall stood in between two signs with cell phone numbers: one of an unnamed Oregon Health Authority official with responsibility for addiction services and a top health adviser to Gov. Kate Brown. He told the crowd to text those individuals – “be nice,” he said – to ask for immediate action.
Almost immediately, people whipped out their cell phones, punched in the numbers and fired off messages. Another speaker, Tony Vezina, executive director of 4th Dimension Recovery, a Portland-based recovery group, said the government doesn’t need to create more advisory groups. They are not effective in managing the crisis, Vezina said.
Oregon Recovers invited a number of public officials to the rally, but none showed up. Attorney General Ellen Rosenblum emailed Marshall, saying she was sorry she could not be there, according to an email which was read out loud.
Rosenblum referred to Oregon’s $97 million share of a national settlement with Purdue Pharma and the Sackler family in the email sent to Marshall that was read and the Capital Chronicle later obtained:
“I do hope – anticipate – that we will start to see the beginning of the flow of opioid settlement funds to Oregon in the very near future! It is also my hope that these funds can be distributed reasonably quickly through the various mechanisms that have been set up for the different allocations.Throughout this settlement process, we have been guided by the urgency of this moment. There is no time to waste in saving lives,” Rosenblum wrote.
Oregon Recovers has crafted a 12-step plan for tackling addiction in Oregon. It includes putting one person in charge and providing immediate access to detox, treatment and housing.
It also calls on the state to invest in prevention.
Marshall said the state needs to create an online resource that’s similar to the one on the Oregon Liquor and Cannabis Commission’s website that allows users to locate the nearest liquor store that sells a certain product.
“We need that for treatment,” Marshall said.
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https://www.heraldandnews.com/klamath/parents-recovery-advocates-call-for-immediate-oregon-action-on-addiction-crisis/article_edf15f9e-6348-56c0-afb0-5987dbaeee29.html
| 2022-04-25T20:53:12Z
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The Department of Human Services is looking for proposals to improve the quality of life for elderly people and those with disabilities across the state.
It will allocate $3 million to the projects, hoping to reach a broad array of the population, including those who have difficulty accessing services. Two-thirds of the money will be for projects geared towards racially, ethnically and linguistically diverse populations along with LGBTQ and rural communities.
“We hope to reach as many people as possible,” said Elisa Williams, a spokeswoman at the Department of Human Services. “The exact number depends on the number and scope of the proposals that are submitted.”
According to U.S. Census estimates for 2021, there are 772,000 people aged 65 and older in Oregon and 420,000 younger than 65 with disabilities. Those populations are expected to grow, increasing medical costs and the need for more services.
The department is sponsoring a webinar Tuesday, April 26, to help organizations apply for funding.
The agency is interested in projects from groups that:
• Serve a cultural community and are primarily staffed by members of the community;
• Know about the impact of structural racism and discrimination;
• Are aware of barriers residents face obtaining services and how those barriers affect programs and services;
• Can describe the community’s cultural practices, beliefs and traditions and show how their services have been adopted to honor those traditions.
This is the second funding round for the Innovation Fund program. In the first one in 2014, the department allocated $2.3 million to nine organizations – from $350,000 to Volunteers of America Oregon in Portland to $27,000 to the city of Sandy for dental and health services.
A review of the funding by a capstone team of masters of business administration students at the University of Oregon found that it was not well managed by the department. They said the agency “lacked clarity” about how projects were picked and did not ensure that they were sustainable.
Williams said the department is making accountability part of the application process by asking applicants to describe how they will be able to maintain their projects over time, how they align with the needs of the community and how they will hold their organization accountable for achieving their goals.
Projects will be selected based on the commitments made in the proposal and selected on a competitive basis, the department said. Applicants have 18 days or until May 10 to apply.
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https://www.heraldandnews.com/klamath/state-funding-3-million-in-projects-to-improve-lives-of-elderly-those-with-disabilities-by/article_cf39645f-69ec-50e7-9122-b7669976bddb.html
| 2022-04-25T20:53:18Z
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https://www.kitv.com/news/business/bank-of-hawaii-q1-earnings-snapshot/article_6b50ba38-c4ad-11ec-b0b9-ef430a970067.html
| 2022-04-25T21:09:54Z
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Twitter said Monday it has agreed to sell itself to Elon Musk, who will take the company private in a deal valued at around $44 billion.
The deal caps off a whirlwind news cycle in which the Tesla and SpaceX CEO became one of Twitter's largest shareholders, was offered and turned down a seat on its board and bid to buy the company — all in less than a month.
Under the terms of the deal, shareholders will receive $54.20 in cash for each share of Twitter stock they own, matching Musk's original offer and marking a 38% premium over the stock price the day before Musk revealed his stake in the company.
"Free speech is the bedrock of a functioning democracy, and Twitter is the digital town square where matters vital to the future of humanity are debated," Musk said in a statement Monday. "Twitter has tremendous potential — I look forward to working with the company and the community of users to unlock it."
The deal, which was unanimously approved by Twitter's board, is expected to close this year.
The deal comes after Musk revealed last week he had lined up $46.5 billion in financing to acquire the company, an apparent turning point that forced Twitter's board to seriously consider the deal. The board met Sunday to evaluate Musk's offer.
"The Twitter Board conducted a thoughtful and comprehensive process to assess Elon's proposal with a deliberate focus on value, certainty, and financing," Twitter independent board chair Bret Taylor said in a statement, calling the deal " the best path forward for Twitter's stockholders."
Twitter stock was up nearly 6% following the announcement of the deal, hovering around $51.84, just shy of the offer price.
If approved by shareholders and regulators, the deal will put the world's richest man in charge of one of the world's most influential social media platforms. Musk has repeatedly stressed in recent days that his goal is to bolster free speech on the platform and work to "unlock" Twitter's "extraordinary potential."
Musk added in his Monday statement that he wants to "make Twitter better than ever by enhancing the product with new features, making the algorithms open source to increase trust, defeating the spam bots, and authenticating all humans." Separately, he said in a tweet Monday that he hopes "even my worst critics remain on Twitter, because that is what free speech means."
Twitter CEO Parag Agrawal said in Monday's statement that "Twitter has a purpose and relevance that impacts the entire world," He added: "Deeply proud of our teams and inspired by the work that has never been more important."
It's not clear whether Agrawal will remain in the top job following the takeover. Musk previously tweeted a meme comparing Agrawal to former Soviet leader Joseph Stalin. Musk also said in his offer letter to buy Twitter that he does not "have confidence in management."
In the days since Musk's initial bid, many following the company wondered whether Twitter would try to find another buyer, especially after the company put in place a poison pill to make it more difficult for Musk to acquire the company without its approval.
But CFRA senior equity analyst Angelo Zino said Monday that Twitter's board more seriously considering Musk's offer may have come "from the Board's realization that an alternative bid from a 'white knight' may be difficult to come by, especially following the decline in asset prices from social media companies in recent weeks/months."
CNN Business tech reporter Clare Duffy can be reached at clare.duffy@cnn.com.
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https://www.kitv.com/news/business/elon-musk-to-buy-twitter-in-44-billion-deal/article_419af158-9b7c-5150-b8f0-036bfe390327.html
| 2022-04-25T21:10:00Z
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Twitter’s board is negotiating with Tesla CEO Elon Musk over his bid to buy the social media platform and a deal could be announced as early as Monday, according to media reports.
Twitter and Musk spoke into the early hours Monday, The New York Times reported, less than two weeks after the billionaire first revealed a massive stake in the company.
Musk said last week that he had lined up $46.5 billion in financing to buy Twitter, putting pressure on the company’s board to negotiate a deal.
The Times, citing people with knowledge of the situation who it did not identify, said the two sides were discussing details including a timeline and fees if an agreement was signed and then fell apart. The people said the situation was fluid and fast-moving.
Shares of Twitter Inc. rose 3% Monday.
Twitter had enacted an anti-takeover measure known as a poison pill that could make a takeover attempt prohibitively expensive. But the board decided to negotiate after Musk updated his proposal to show he had secured financing, according to The Wall Street Journal, which was first to report the negotiations were underway.
Musk has said he wants to buy Twitter because he doesn’t feel it’s living up to its potential as a platform for free speech. Twitter, he said, “needs to be transformed as a private company” in order to build trust with users and do better at serving what he calls the “societal imperative” of free speech.
Musk has described himself as a “free-speech absolutist” but is also known for blocking or disparaging other Twitter users who question or disagree with him.
In recent weeks, he has voiced a number of proposed changes for the company, from relaxing its content restrictions — such as the rules that suspended former President Donald Trump’s account — to ridding the platform of fake and automated accounts.
A rival bidder to Musk may not be stepping up any time soon, fearful of the byzantine task of moderating content on the platform, something that Musk has vowed to do less of.
“The Twitter Board could not find a white knight and with Musk’s financing detailed the clock has essentially struck midnight for the board which is why negotiations have begun to get a deal done,” said Dan Ives, who follows Twitter for Wedbush Securities.
While Twitter’s user base remains much smaller than those of rivals such as Facebook and TikTok, the service is popular with celebrities, world leaders, journalists and intellectuals. Musk himself has more than 81 million followers, rivaling pop stars such as Lady Gaga.
On April 14, Musk announced an offer to buy the social media platform for $54.20 per share, or about $43 billion, but did not say at the time how he would finance the acquisition.
Last week, he said in documents filed with U.S. securities regulators that the money would come from Morgan Stanley and other banks, some of it secured by his huge stake in the electric car maker.
Twitter has not commented.
Musk is the world’s wealthiest person, according to Forbes, with a nearly $279 billion fortune. But much of his money is tied up in Tesla stock — he owns about 17% of the company, according to FactSet, which is valued at more than $1 trillion — and SpaceX, his privately held space company. It’s unclear how much cash Musk has.
__
AP Business Writer Kelvin Chan reported from London.
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https://www.kitv.com/news/business/reports-twitter-in-talks-with-musk-over-bid-to-buy-platform/article_77878b70-c4ac-11ec-a2fd-bf009af42c30.html
| 2022-04-25T21:10:07Z
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NEW YORK (AP) — Stocks fell broadly in morning trading on Wall Street Monday as worries about rising inflation and interest rate hikes weigh on investors and extend the market’s losses.
The S&P 500 fell 1.2% as of 10:19 a.m. Eastern and more than 90% of stocks within the index lost ground. The decline follows a weak finish last week that sank the benchmark index for a third straight week.
The Dow Jones Industrial Average fell 371 points, or 1.1%, to 33,440 and the Nasdaq fell 0.6%.
U.S. stocks are following global markets lower, especially in China, over worries that strict lockdown measures there might crimp the world’s second-largest economy and potentially hurt global economic growth. Hong Kong’s Hang Seng slumped 3.7%. The Shanghai Composite fell 5.1%.
China’s capital, Beijing, began mass testing of more than 3 million people on Monday and restricted residents in one part of the city to their compounds, sparking worries of a wider lockdown similar to Shanghai. That city has been locked down for more than two weeks and that has already prompted the International Monetary Fund to trim its growth forecast for China’s economy.
Prices for ultra-safe U.S. government bonds rose as traders shied away from risk. The yield on the 10-year Treasury, which affects rates on mortgages and other consumer loans, fell significantly to 2.78% from 2.90% late Friday.
Energy companies were among the biggest losers as U.S. crude oil prices slipped 5.6%. Exxon Mobil fell 5.2%.
Banks and technology stocks also fell sharply. Bank of America fell 3.2% and Apple shed 1.6%.
Twitter rose 3.4% and was one of the few bright spots in the market. The social media company and Tesla CEO Elon Musk are reportedly negotiating a buyout offer.
Rising inflation remains a key concern for investors. Investors continue to focus on the measures being taken by central banks to temper the impact on businesses and consumers. The chair of the Federal Reserve has indicated the central bank may hike short-term interest rates by double the usual amount at upcoming meetings, starting next week. The Fed has already raised its key overnight rate once, the first such increase since 2018.
Investors have a heavy week of corporate earnings ahead. Reactions to the latest round of corporate report cards have been mixed and several disappointing profit reports last week shook what’s been the market’s main pillar of support.
Beverage giant Coca-Cola was mostly unchanged on Monday after reporting strong financial results. Google, parent, Alphabet, and General Motors will report their results on Tuesday, along with Microsoft and Visa. Boeing, Ford and Facebook parent, Meta, are on deck to report results on Wednesday.
Thursday is an especially busy day and will include reports from industrial giant Caterpillar, McDonald’s, Amazon and Apple, among others.
Wall Street will also get some key economic data this week. The Conference Board will release its measure of consumer confidence for April on Tuesday. The Commerce Department will release its first-quarter gross domestic product report on Thursday.
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https://www.kitv.com/news/business/stocks-fall-on-wall-street-extending-market-s-losses/article_1eaa43ee-c4ac-11ec-b9a4-0f1616af6499.html
| 2022-04-25T21:10:13Z
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The US Food and Drug Administration announced Monday that it has expanded approval of the Covid-19 drug remdesivir to treat patients as young as 28 days and weighing about 7 pounds.
This is the first Covid-19 treatment approved for children younger than 12.
To be eligible for treatment, the FDA said, children must be hospitalized or have mild to moderate Covid-19 and high risk for progressing to severe Covid-19, even if they are not hospitalized.
The drug, made by Gilead Sciences and sold as Veklury, had been approved to treat certain adults and patients 12 and older who weighed at least 88 pounds. It's given as an injection.
"As COVID-19 can cause severe illness in children, some of whom do not currently have a vaccination option, there continues to be a need for safe and effective COVID-19 treatment options for this population," Dr. Patrizia Cavazzoni, director of the FDA's Center for Drug Evaluation and Research, said in a news release. "Today's approval of the first COVID-19 therapeutic for this population demonstrates the agency's commitment to that need."
There is no Covid-19 vaccine authorized for children younger than 5 in the United States.
The FDA's approval of remdesivir for young children is "great," said Dr. Daniel Griffin, an instructor in clinical medicine and associate research scientist in the Department of Biochemistry and Molecular Biophysics at Columbia University.
Griffin called remdesivir a "very effective antiviral" at preventing the progression of Covid-19 to a more severe illness, lowering the risk of hospitalization or death, when given early in the course of Covid-19 infection.
"More recently, the results have come out -- it was a really landmark paper published in the New England Journal of Medicine -- showing that if you give remdesivir in the first five days, during the acute viral phase, before you wait for the door to close, you could prevent progression by almost 90%. It was 87% in that study. So remdesivir actually can be a very effective antiviral if you give it at the right time in the right patient," Griffin said Monday.
"If we can extend this down to children and actually give it to them during the critical time when it can make the biggest difference, finally, we're really opening up more options, because these kids don't have a lot of options," he said. "They don't have access to some of the other therapies that are restricted to that over-12 age group."
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https://www.kitv.com/news/coronavirus/fda-approves-remdesivir-to-treat-young-children-with-covid-19/article_2c43e2f0-d673-5063-b686-fe1928855d42.html
| 2022-04-25T21:10:19Z
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