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HUNTSVILLE, Ala., Aug. 17, 2022 /PRNewswire/ -- Summit 7 Systems (Summit 7), an industry-leading provider of security and compliance solutions and services for the Defense Industrial Base, has been listed in the Inc. 5000 for the seventh time and the third consecutive year. This coveted award is a result of the 929% growth of Summit 7, who is among an elite group of companies to have received the honor five times or more, making up less than 4% of businesses on the Inc. 5000.
Summit 7 ranks number 673 on this year's list, a climb from 2021's ranking of 697.
Scott Edwards, CEO at Summit 7, stated "We have invested in significant resources to not only expand our product portfolio, but we've also focused on growing the skillsets of Summit 7 employees. Our Managed Services Team has specifically been focusing on upgrading our managed services and managed security services offerings to continue to provide advanced security to the Defense Industrial Base, further protecting the critical data of the United States."
Prior to Inc.'s 2022 list announcement, Summit 7 was recognized as the 2022 Microsoft US Compliance Partner of the Year. The 2022 MSUS Compliance Partner of the Year award recognizes partners who have proven that they fully embrace the power of Microsoft's Compliance product portfolio enabling the development of solutions that deliver on long-term customer success.
Summit 7 has helped more than 650 contractors, the majority of which are small to medium-sized organizations, that support the US Department of Defense in meeting compliance regulations such as CMMC, DFARS 7012, and more. Over the last half-decade, Summit 7 made significant investments to map their Microsoft Government Cloud solutions to NIST 800-171 and the more recent CMMC 2.0.
About Summit 7
Summit 7 is a national leader in cybersecurity and compliance for the Aerospace and Defense industry. Summit 7's Microsoft Cloud solutions have led the way in meeting compliance regulations and frameworks for small to medium contractors in the DIB regarding CMMC, DFARS, NIST 800-171, ITAR, and CUI. Summit 7 is headquartered in Huntsville, Alabama.
About Inc. 5000
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020.
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SOURCE Summit 7 Systems | https://www.whsv.com/prnewswire/2022/08/17/summit-7-appears-inc-5000-7th-time/ | 2022-08-17T18:17:19Z |
Cocktail enthusiasts can join the Sustainable Cocktail Challenge by registering between July 25th and August 31st
NEW ORLEANS, La., Aug. 17, 2022 /PRNewswire/ -- Flor de Caña Rum - a 5th generation family-owned premium Nicaraguan rum brand - and the Tales of the Cocktail Foundation have teamed up to launch the Sustainable Cocktail Challenge, a global competition that aims to inspire the bartending community to build a greener future together by creating spectacular cocktails using sustainable ingredients and techniques.
Julio Cabrera, one of the industry's most celebrated and influential bartenders, announced the competition at the 20th annual Tales of the Cocktail. Cabrera invited bartenders in the U.S. to register for the competition between July 25th and August 31st by visiting www.flordecanachallenge.com. All participants who register for the challenge will have access to educational material focused on sustainable and ethical practices behind the bar, developed by industry experts.
The Sustainable Cocktail Challenge U.S. finals will occur throughout the month of September in Miami, Austin, Los Angeles, and Boston. Each final will feature a panel of judges including representatives of Tales of the Cocktail Foundation and other established industry personalities who will evaluate the cocktails based on elements such as story and inspiration, the use of sustainable ingredients/techniques and the level of creativity, and flavor and appearance.
The four winners of the local U.S. finals of the Sustainable Cocktail Challenge will each receive a $1,200 prize, a super-premium bartender kit, a personalized bottle of Flor de Caña 25 Year Rum, and the opportunity to participate in the North American Regional Final that will take place in Nicaragua on October 26th, World Sustainability Day.
Furthermore, the winner of the North American Regional Final will then be eligible to compete in the Global Final of the Sustainable Cocktail Challenge in Nicaragua in 2023 for the title of "Flor de Caña World's Most Sustainable Bartender" and a grand prize of $10,000.
The Sustainable Cocktail Challenge is a celebration of the commitment to sustainability of Flor de Caña – a Carbon Neutral and Fair Trade certified brand – and the Tales of the Cocktail Foundation, and their way of collaboratively sharing and promoting these values with the global community of bartenders to build a greener future together.
Media Contact:
corporatecommunications@flordecana.com
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SOURCE Flor de Caña Rum | https://www.whsv.com/prnewswire/2022/08/17/tales-cocktail-foundation-flor-de-caa-rum-present-sustainable-cocktail-challenge/ | 2022-08-17T18:17:26Z |
- TerraZero has partnered with VentureBeat, the tech, gaming and AI media and event company, to build a Metaverse event center in Decentraland.
- TerraZero and VentureBeat came together to create an all-new event space in the Metaverse for the MetaBeat Metaverse event in October 2022.
VANCOUVER, BC, Aug. 17, 2022 /PRNewswire/ - TerraZero Technologies Inc. ("TerraZero" or the "Company"), a diversified Metaverse technology solutions firm and vertically integrated Metaverse experience fulfillment studio, is pleased to announce that the Company has partnered with VentureBeat (www.venturebeat.com), the tech, gaming and AI media and event company, to build a Metaverse event center in Decentraland.
With the announcement of the in-person Metaverse event MetaBeat, taking place October 3-4 2022 at SVN West in San Francisco, USA (https://metabeat.venturebeat.com), TerraZero and VentureBeat came together to create an all-new event space in the Metaverse. This venue will allow attendees to experience an environment that goes way beyond what they are accustomed to within other traditional virtual event platforms. TerraZero and VentureBeat invite all Metaverse-enthusiasts to experience the new Metaverse event space, the first of its scope, in the Decentraland Metaverse.
TerraZero is specialized in creating innovative commercial Metaverse experiences and virtual reality based business solutions for worldwide brands and leading enterprises, including but not limited to Bacardi Limited's premium Bourbon Angel's Envy's Meta Distillery, and Jason Derulo's music video premier of his latest single.
"It's going to be a lot of fun creating an event space in the Metaverse that VentureBeat will use not only for MetaBeat, but for their other events throughout the year," says Dan Reitzik, Founder and CEO of TerraZero. "We're working on creating a theater where you can view content and interact with other attendees, as well as a really cool experiential way to connect virtual attendees with the latest tech demos in the Metaverse."
"VentureBeat is a leader in Metaverse coverage across the enterprise and gaming. While there is a need for digestible video content and engagement within events, websites, and newsletter formats, VentureBeat is preparing for the next generation of experiences across media and events. We believe this is only the beginning, and we look forward to continuing our work with TerraZero on this project," says Hayley Haggarty, GM of Events for VentureBeat.
With the recent reports published suggesting phenomenal growth in the Metaverse, it's not surprising to hear that the MetaBeat event is gaining momentum, which will bring together over 1,500 Metaverse decision makers and thought leaders from enterprise companies including TerraZero, Roblox, Walmart, Nvidia, Procter & Gamble, Chipotle, T-Mobile, Soul Machines, Solsten and more.
Corporations or other entities which are interested in receiving additional information about TerraZero's commercial Metaverse services and enterprise-grade technologies or which might be looking for an individual Metaverse experience or virtual reality solution for its business, could visit the Company's website www.terrazero.com or contact TerraZero's Metaverse specialists at hello@terrazero.com.
TerraZero Technologies Inc. ("TerraZero") is a vertically integrated Metaverse development group and leading Web 3.0 technology company specializing in helping brands create immersive experiences. The Company's Metaverse-agnostic vision is to develop and implement products and services with scalable commercial applications to flourish engagement across gamified experiences where enterprise- level businesses, Metaverse platforms, and Web3 creators can seamlessly bridge and actionably grow their virtual world and the physical world endeavors together as one. TerraZero owns digital real estate for brands to establish presence in existing virtual worlds and can also offer brands their own private worlds to provide offices and services to those interested in the Metaverse. Furthermore, TerraZero acquires, designs, builds, and operates virtual assets and solutions to monetize the Metaverse ecosystem. The Company's businesses are segmented into five (5) divisions which include: (1) Immersive experience creation in existing or private virtual worlds; (2) advertising; (3) data analytics; (4) events and marketing; and (5) infrastructure. TerraZero aims to support the community, foster innovation, and drive adoption. For more information, please visit www.terrazero.com or contact media@terrazero.com.
This news release includes certain statements and information that may constitute forward-looking information or statements within the meaning of applicable securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends," "expects," or "anticipates," or variations of such words and phrases or statements that certain actions, events, or results "may," "could," "should," "would," or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements," are not historical facts and are made as of the date of this news release, which includes without limitation, statements regarding discussions of future plans, estimates, and forecasts and statements as to management's expectations and intentions with respect to, among other things: the Company's intention to develop and drive traffic to its assets and locations within virtual worlds; partnership and event with VentureBeat and the potential outcomes and benefits; that establishing an early presence within the Metaverse will provide the Company with new users, branding, and marketing opportunities; events, courses of action, and the potential of the Company's technology and operations, among others, are all forward-looking information.
Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of the Company, including but not limited to, market and other conditions, business, economic, and capital market conditions; the ability to manage operating expenses, which may adversely affect the Company's financial condition; the ability to remain competitive as other better financed competitors develop and release competitive products; regulatory uncertainties; access to personnel, employees, and consultants; market conditions and the demand and pricing for products and services; the demand and pricing of cryptocurrencies and NFTs; security threats, including a loss/theft of TerraZero's NFTs, cryptocurrencies, and other assets; TerraZero's relationships with its customers and business partners; TerraZero's ability to successfully define, design, and release new products in a timely manner that meet customers' needs; the ability to attract, retain, and motivate qualified personnel; competition in the industry; the impact of technology changes on the products and industry; failure to develop new and innovative products; the ability to successfully maintain and enforce our intellectual property rights and defend third-party claims of infringement of their intellectual property rights; the impact of intellectual property litigation that could materially and adversely affect the business; the ability to manage working capital; and the dependence on key personnel. As a result, TerraZero may not actually achieve its plans, projections, or expectations. In addition, such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the demand for its products, the ability to develop software successfully, that there will be no regulation or law that will prevent the Company from operating its business, anticipated costs, the ability to secure sufficient capital to complete its business plans, the ability to achieve goals, and the price of cryptocurrencies and NFTs. Given these risks, uncertainties, and assumptions, you should not place undue reliance on these forward-looking statements.
Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain regulatory approval, the continued availability of capital and financing, technology failures, failure to obtain any permits required to operate the business, the impact of technology changes on the industry, the impact of COVID-19 or other viruses and diseases on the Company's ability to operate and hire personnel, competition, security threats including stolen NFTs and cryptocurrencies from TerraZero or its customers, consumer sentiment towards TerraZero's products, services and Metaverse technology generally, failure to develop new and innovative products, litigation, increase in operating costs, increase in labor costs, decrease in the price of cryptocurrencies and NFTs, failure of counterparties to perform their contractual obligations, government regulations, loss of key employees and consultants, and general economic, market, or business conditions. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The reader is cautioned not to place undue reliance on any forward-looking information. The forward-looking statements contained in this news release are made as of the date of this news release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of or statements made by third parties.
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SOURCE TerraZero Technologies Inc. | https://www.whsv.com/prnewswire/2022/08/17/terrazero-technologies-inc-builds-metaverse-event-center-decentraland-partnership-with-venturebeat/ | 2022-08-17T18:17:33Z |
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ENDP, TTOO, SOFI, NU, and BE.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- ENDP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ENDP&prnumber=081720226
- TTOO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=TTOO&prnumber=081720226
- SOFI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SOFI&prnumber=081720226
- NU: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NU&prnumber=081720226
- BE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BE&prnumber=081720226
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.whsv.com/prnewswire/2022/08/17/thinking-about-buying-stock-endo-international-t2-biosystems-sofi-technologies-nu-holdings-or-bloom-energy/ | 2022-08-17T18:17:40Z |
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for GNUS, HIL, TLRY, PALI, and TEVA.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- GNUS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=GNUS&prnumber=081720225
- HIL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=HIL&prnumber=081720225
- TLRY: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=TLRY&prnumber=081720225
- PALI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PALI&prnumber=081720225
- TEVA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=TEVA&prnumber=081720225
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.whsv.com/prnewswire/2022/08/17/thinking-about-buying-stock-genius-brands-hill-international-tilray-palisade-bio-or-teva-pharmaceutical/ | 2022-08-17T18:17:46Z |
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for LOW, PGR, HD, LLY, and COST.
Click a link below then choose between in-depth options trade idea report or a stock score report.
Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.
Stock Report - Measures a stock's suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street's opinion including a 12-month price forecast.
- LOW: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=LOW&prnumber=081720227
- PGR: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=PGR&prnumber=081720227
- HD: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=HD&prnumber=081720227
- LLY: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=LLY&prnumber=081720227
- COST: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=COST&prnumber=081720227
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.whsv.com/prnewswire/2022/08/17/thinking-about-trading-options-or-stock-lowes-progressive-home-depot-eli-lilly-or-costco/ | 2022-08-17T18:17:53Z |
EMERALD ISLE, N.C., Aug. 17, 2022 /PRNewswire/ -- Business North Carolina is pleased to announce the 2022 North Carolina Best Employers annual list. TransImpact once again earned a place in the large company division.
"Today employers are appropriately being challenged to up their game," said Berkley Stafford, TransImpact CEO. "I'm grateful to our leadership team and our employees for working together to elevate TransImpact as a positive career destination for talented people."
To determine winners, Business North Carolina partnered with marketing research firm, DataJoe (www.datajoe.com), who conducts Best Employer campaigns on behalf of publishers across the nation. Employee surveys were distributed to all companies that applied, covering issues such as organization health, engagement, leadership, work – life balance, training, pay, benefits, and corporate social responsibility. Using DataJoe's proprietary algorithm, surveys were analyzed to determine the winning companies.
"Our Best Employers Program is tremendously important to our magazine. We know that those who are honored contribute greatly to North Carolina and our economy," said Ben Kinney, publisher of Business North Carolina. "The participation in this program continues to grow."
An awards gala will conclude this year's program on Thursday, October 20th at Grandover Resort in Greensboro.
ABOUT Business North Carolina magazine: We cover one very special place, this state, and its economy, which is as diverse as the people who call it home. We produce quality, in-depth journalism, digging behind the scenes, producing stories and information that is current, thorough, and enlightens and entertains our readers. In the boardroom or on the factory floor, we seek to show not only trends and events but the human face of commerce. Business North Carolina magazine delivers qualified business owners, C-level and top senior executives at your fingertips.
TransImpact saves companies money by taking cost out of the supply chain. Recognized for our parcel contract negotiation expertise, we have the best decision intelligence technology and the most experienced team to negotiate the strongest parcel discounts available. Our demand planning platform provides an industry leading 255 forecast models that give clients the optimum option for inventory management. We tie it all together with the most advanced business intelligence platform that delivers superior decision-making ability for overall margin improvement. With the combination of highly intelligent decision-support technology and the market expertise of our people, we are relentless in driving bottom-line impact and turning our clients into raving fans. TransImpact.com
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SOURCE TransImpact | https://www.whsv.com/prnewswire/2022/08/17/transimpact-named-2022-best-employers-list-by-business-north-carolina/ | 2022-08-17T18:18:00Z |
LEAD PLAINTIFF DEADLINE IS OCTOBER 11, 2022
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of investors who purchased or otherwise acquired the American Depositary Receipts ("ADR's) of Tuya Inc. ("Tuya" or the "Company") (NYSE: TUYA) pursuant and/or traceable to the Company's March 2021 initial public offering (the "IPO").
All investors who purchased the ADR's of Tuya Inc. and incurred losses are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case on our website, www.whafh.com.
If you have incurred losses in the ADR's of Tuya Inc., you may, no later than October 11, 2022, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in the ADR's of Tuya Inc.
PLEASE CLICK HERE TO JOIN CASE
Tuya offers a purpose-built "Internet of Things" cloud platform that delivers a suite of offerings including Platform-as-a-Service, or PaaS, and Software-as-a-Service, or SaaS, to business and developers. The Company's proprietary products and services enable "smart devices," e.g., household items and appliances connected to the internet, to communicate and interact with end users and online information and services.
Approximately 20% of Tuya's customers sell products online through e-commerce marketplaces such as Amazon.com. In order to maintain the integrity of its platform, Amazon.com has long prohibited the practice of sellers compensating review writers for their reviews in most instances. Despite this prohibition, in April 2019, the consumer website Which? published a report claiming that Amazon had been "flooded by fake five-star reviews," and that sellers were listing products that carried tens of thousands of unverified reviews.
In August 2020, a USC/UCLA research paper analyzed the market for fake reviewed products on Amazon.com. The paper found that the "vast majority" (84%) of sellers benefitting from fake reviews were located in China.
In September 2020, The Financial Times published an article entitled "Amazon deletes 20,000 reviews after evidence of profits for posts." The article stated that Amazon had deleted 20,000 product reviews written by 7 of its top 10 UK reviewers.
On March 1, 2021, a data security organization, Safety Detectives, obtained access to a data server located in China that contained 7GB of data and over 13 million records appearing to be linked to a widespread fake review scam.
Leading up to the IPO, Tuya claimed to be experiencing phenomenal growth. In 2020, the Company claimed that its technology powered over 116.5 million smart devices in more than 1,100 product categories sold in over 220 countries and regions globally. Tuya claimed to be the "largest IoT PaaS business in the global market of IoT PaaS in terms of the volume of smart devices powered" and stated that its "business ha[d] scaled rapidly in recent periods," growing revenue by 70% YOY to $179.9 million in 2020.
On February 26, 2021, Tuya filed a registration statement on Form F-1, which after amendments on March 12 and 16, 2021, was declared effective on March 17, 2021. On March 19, 2021, the Company filed a prospectus for the Initial Public Offering ("IPO") on Form 424B4, which incorporated and formed part of the Registration Statement. The Registration Statement was used to sell over 45 million Tuya ADR's at $21 per ADR, generating over $946 million in proceeds.
On May 11, 2021, an article on techcrunch.com revealed that "several top Chinese sellers disappeared from Amazon." The report stated that over 13.1 million records documenting a massive fake review scam had been uncovered involving more than 200,000 Amazon accounts. Two months later, on July 9, 2021, verdict.co.uk reported that Amazon had "closed 340 online stores of one of its largest Chinese retailers in the first half of this year" as it cracked down against paid reviews and other violations of Amazon terms of service. According to the report, Amazon banned hundreds of Chinese brands across thousands of sellers' account, many of which were clients of Tuya, citing repeated and significant violations.
Then on August 18, 2021, Tuya issued a press release announcing the Company's financial results for 2Q 2021. The release guided the Company's outlook for 3Q 2021, which stated Tuya expects revenue to be in a range of just $83 million to $86 million, which surprised and disappointed analysts and investors.
During the earnings call on that same day, management revealed that the reason for the low 3Q revenue forecast was that "our customers face a series of challenges, including Amazon's strict execution of the seller policy."
By August 2022, Tuya ADR had declined below $2 per ADR – 90% below where Tuya ADR's were sold to the investing public in the IPO.
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.
Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Patrick Donovan, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, donovan@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE Wolf Haldenstein Adler Freeman & Herz LLP | https://www.whsv.com/prnewswire/2022/08/17/tuya-inc-class-action-alert-wolf-haldenstein-adler-freeman-amp-herz-llp-announces-that-securities-class-action-lawsuit-has-been-filed-against-tuya-inc-united-states-district-court-southern-district-new-york/ | 2022-08-17T18:18:06Z |
LEAD PLAINTIFF DEADLINE IS SEPTEMBER 27, 2022
NEW YORK and CHICAGO , Aug. 17, 2022 /PRNewswire/ -- Wolf Haldenstein Adler Freeman & Herz LLP announces that a federal securities class action lawsuit has been filed in the United States District Court for the Northern District of Illinois on behalf of investors of Weber Inc. ("Weber" or the "Company") (NYSE: WEBR) who purchased or otherwise acquired Weber securities pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with the Company's August 2021 initial public offering (the "IPO" or "Offering").
All investors who purchased the shares of Weber Inc. and incurred losses are advised to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain request additional information concerning the action at www.whafh.com.
If you have incurred losses in the shares of Weber Inc., you may, no later than September 27, 2022, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in Weber Inc.
PLEASE CLICK HERE TO JOIN THE CASE
The filed complaint alleges that the Registration Statement made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company's business,
operations, and prospects.
Specifically, Defendants failed to disclose to investors:
- that Weber was reasonably likely to implement price increases;
- that, as a result, consumer demand for Weber's products was reasonably
likely to decrease; - that, due to the resulting inventory buildup, Weber was reasonably likely to run promotions to "enhance retail sell through";
- that the foregoing would adversely impact Weber's financial results; and
- that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
According to the filed complaint, defendants held the Company's IPO on August 6, 2021, selling almost 18 million shares at $14.00 per share. However, the Registration Statement in support of the IPO was materially false and failed to state that Weber was reasonably likely to implement price increases, which would result in decreased demand for their products. The resulting inventory buildup would then result in Weber running promotions to "enhance retail sell through," which would adversely impact Weber's financial results.
On July 25, 2022, Weber announced its preliminary third quarter 2022 financial results, including net sales between $525 million and $530 million. The Company expected to report a net loss, noting that "profitability was negatively impacted by" several factors, including "promotional activity to enhance retail sell through." Additionally, Weber announced that Chris
Scherzinger "is departing" from his roles as Chief Executive Officer and director of the Company.
On this news, the Company's stock price fell $1.21 per share, or 16%, to close at $6.30 per share on July 25, 2022. By the commencement of the class action, the Company's stock was trading as low as $6.25 per share, a nearly 55% decline from the $14 per share IPO price.
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735 or via e-mail at classmember@whafh.com
Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Patrick Donovan, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, donovan@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE Wolf Haldenstein Adler Freeman & Herz LLP | https://www.whsv.com/prnewswire/2022/08/17/weber-inc-class-action-alert-wolf-haldenstein-adler-freeman-amp-herz-llp-announces-that-securities-class-action-lawsuit-has-been-filed-united-states-district-court-northern-district-illinois-against-weber-inc/ | 2022-08-17T18:18:13Z |
CDC director Dr. Rochelle Walensky, pictured here in 2021, met with senior leadership at the agency on August 17 to lay out her plans for overhauling how the CDC works.
Big changes are coming to the United States Centers for Disease Control and Prevention, which recently celebrated its 75th anniversary as the nation's lead public health agency.
CDC director Dr. Rochelle Walensky met with senior leadership at the agency this morning to lay out her plans for overhauling how the agency works. She plans to remake the culture to help the agency move faster when it responds to a public health crisis. She also wants to make it easier for other parts of the government to work with the CDC, and wants to simplify and streamline the website to get rid of overlapping and contradictory public health guidance.
Staff will be notified of the change by email. More than 12,000 people work at the agency, which is headquartered in Atlanta.
The changes will be aimed at improving the culture and restoring public trust after the agency's acknowledged missteps in its response to the Covid-19 pandemic.
The reforms follow a period of review and introspection at the CDC. In April, Walensky announced Jim Macrae, associate administrator for primary health care at the Health Resources and Services Administration, would lead a one-month review of the agency's Covid-19 response efforts. At the same time, she charged three of her deputies to scrutinize operations and recommend strategic changes. Walensky has been meeting with groups of staff in person as employees return to their office after months of remote work.
The course correction comes after significant stumbles at the agency in response to the Covid-19 pandemic. The US had little capacity to test for infection during the early months of the pandemic, largely because the agency released a flawed test to public health laboratories. That kept the nation blind, for months, to the extent of the virus's spread.
The agency has also been criticized throughout the pandemic for issuing public health guidance that some saw as confusing and ineffective. Many also felt it wasn't moving fast enough to respond.
Walensky will bring in former HHS Deputy Secretary Mary Wakefield to the CDC to oversee the reorganization.
Key organizational changes announced today include:
• The Division Laboratory Sciences and the Office of Science will now report directly to the CDC director, a move aimed at improving accountability of the delivery of timely information
• A new office of intergovernmental affairs—a hub where states health departments and other federal agencies with interact with CDC
• A new executive council—reporting to the Director—will determine agency priorities, track progress, and align budget decisions, with a focus on public health impact
• A new equity office, which will increase diversity both in CDC's workforce and add that lens to its public health activities
Additional actions announced today include:
• The CDC is going to create a new online mechanism for the pre-publication delivery of science
• The agency is going to streamline and simplify its guidance documents and website '
Walensky also plans to ask Congress to grant the agency new powers, including mandating that jurisdictions share their data. Currently, CDC depends on states and counties to voluntarily do that.
She's also going to ask for new flexibilities in the agency's funding. Right now, when Congress earmarks money for the CDC, it has to be spent on specific programs. That has created more than 150 individual budget lines that fund the agency. That can be a problem when a public health emergency comes along. In 2014, when the Ebola epidemic began, Dr. Tom Frieden, who was then CDC director, had to borrow money from other parts of the federal government to respond.
"We literally didn't have money for plane tickets and per diem to send staff into the field," said Frieden, who was interviewed by Macrae for the review.
"I had, quite literally, 20 times more flexible dollars as New York City health commissioner than I did as CDC Director," Frieden said in an interview with CNN. Frieden now leads the nonprofit Resolve to Save Lives.
Some of those changes have already started, including a reorganization of the agency's communications operations.
Earlier this year, the CDC filled a long-vacant post when it hired Kevin Griffis, a veteran of public affairs at the Department of Health and Human Services and Planned Parenthood, to lead its communications efforts. Along with communicating the CDC's health information, part of his job is to manage "risk communication and reputational issues for the agency," according to the CDC website. The agency hasn't had a head of communications for four years, according to a senior official with knowledge of the changes who was not authorized to speak to reporters.
A final draft of Macrae's review will be released today. Key recommendations include:
• Share scientific findings and data faster
• Do a better job of translating science into practical, easy-to-understand policy
• Prioritize public health communications
• De-emphasize publication of scientific findings for career promotion
• New training for agency staff so that multiple people can fill the same role in public health emergencies | https://www.kitv.com/news/top-stories/cdc-announces-sweeping-reorganization-aimed-at-changing-the-agencys-culture-and-restoring-public-trust/article_d9ccf1c9-a370-58ae-9b7b-f64340eee3a8.html | 2022-08-17T18:25:03Z |
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Deal with Paramount gives Walmart+ members streaming perks
NEW YORK (AP) — Walmart Inc. said Monday it has signed a deal with Paramount Global to offer the entertainment company’s streaming service as a perk to subscribers of the discounter’s shipping subscription service.
The move is part of efforts by the nation’s largest retailer to better compete with Amazon’s Prime membership program, which offers an array of perks.
Starting in September, subscribers to Walmart+ will be have access to the Paramount+ Essential Plan, which includes ads and offers original dramas such as “1883″ and “Star Trek: Strange New Worlds,” along with the preschool franchise “PAW Patrol,” recent blockbuster films such as “Sonic the Hedgehog 2,” and live sports.
The cost of Walmart+ will remain $98 a year, or $12.95 a month, the retailer said. It includes free shipping on items and discounts on gasoline. An Amazon Prime membership costs $139 a year, or $14.99 a month, and includes the Amazon Video service, original programming and free gaming, among other perks.
Walmart, which is based in Bentonville, Arkansas, has never disclosed the number of members it has signed up but said on Monday that it has had monthly growth in membership since its launch in September 2020.
Terms of the deal with New York-based Paramount Global were not disclosed.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/08/17/deal-with-paramount-gives-walmart-members-streaming-perks/ | 2022-08-17T18:25:13Z |
‘I’m not sure if it’s a body or a mannequin’: 911 call adds mystery to body found burned in desert
PHOENIX (KTVK/KPHO/Gray News) – A 911 call from Phoenix revealed that a man’s charred body was almost mistaken for a mannequin.
The homicide case of Benjamin Anderson has been riddled with mystery ever since he disappeared on New Year’s Eve. His body was found burned in the desert off Interstate 17, and his car was also found torched in a parking lot.
In a matter of hours, Anderson went from talking to his friends and family, making plans for New Year’s Eve that night, to his burned body being found in the desert.
Now, in a recently released audio, the 911 caller who found Anderson’s body just after 1:30 p.m. on New Year’s Eve almost mistook him for a mannequin.
“Um, I’m now in the desert on the 17 off Mesa Table,” the caller said. “I’m not sure if it’s a body or a mannequin, but it looks like a body to me.”
“It’s on fire right now?” the dispatcher asked.
“Yes. It’s on fire and it’s getting wider,” the caller said.
“Did you see any vehicles or anything around it?” the dispatcher asked.
“No. I looked around. There was nothing,” the caller said.
Daniel Stahoviak, Anderson’s best friend of 25 years, said he is thankful someone found his friend so quickly, although they are still searching for answers.
While looking for Anderson on New Year’s Eve, Stahoviak and other friends were able to track down Anderson’s vehicle in a hotel parking garage, where they said they saw three people inside the car. They chased them for some time before giving up.
Hours later, the group of friends found Anderson’s car burned in a school parking lot. Unknown to his friends at the time, Anderson’s body had already been found as well.
Stahoviak said he spoke to Anderson at 8 a.m. that morning, and Anderson spoke to family around 9:30 a.m. His body was found burning miles away from his home just four hours later.
“We’re talking a matter of just a couple of hours that he was found burning in the desert almost to the county line. So, it’s so hard to fathom what happened that quick to Ben and who got to him that quick,” Stahoviak said.
There are still a lot of unknowns. Officials don’t know who the people were inside Anderson’s car, they don’t know how Anderson got to the desert, and they don’t know a motive for his killing.
The Maricopa County Sheriff’s Office is continuing to investigate.
Copyright 2022 KTVK/KPHO via Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/08/17/im-not-sure-if-its-body-or-mannequin-911-call-adds-mystery-body-found-burned-desert/ | 2022-08-17T18:25:19Z |
On Monday, when the American League Champion Detroit Tigers open their 2007 season, a powerful new batter will be in the lineup. Gary Sheffield is starting his 20th Major League Baseball season, with his seventh club.
Sheffield is a great player who bears the reputation of a malcontent. In his new book, Inside Power, Sheffield says he doesn't deserve that label.
But he does recount an event when he was 12 years old that illustrates where he got a reputation for a fiery temper.
The year before, his Little League team had gone to the Little League World Series in Williamsport, Penn., and lost to Taiwan. Sheffield would have returned the next year, but he was thrown off the team instead — for brandishing a bat at the coach.
Sheffield tells Robert Siegel that the incident "drove him for the rest of his life."
"I have a lot of fire burning within me, but I do it with control," Sheffield says, referring to his 20-year baseball career.
Sheffield, who trained with controversial player Barry Bonds, denies allegations in the book Game of Shadows, by San Francisco Chronicle reporters Mark Fainaru-Wada and Lance Williams, that he paid $10,000 for steroid cream.
"If you show me where I paid $10,000, then I'll show you a magic trick," Sheffield says.
"Only thing I paid for is to let someone train me. You talk about paying for cream or something else, you got the wrong guy," he says.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.keranews.org/2007-03-30/up-to-bat-gary-sheffield-on-short-tempers-steroids | 2022-08-17T18:33:32Z |
Threads West is a book series written by Douglas rancher Reid Lance Rosenthal. The Douglas Budget reports it's received three more national awards: gold for best series and bronze grand prize Best Books at the Next Generation INDIE Literary Competition and gold for best series at the distinguished IPPYs. It now has 37 national awards.
Wyoming Game and Fish personnel recently finished installing 20 beaver dam mimics on Big Willow Creek in the Bighorn National Forest. According to a press release, the area was chosen because the willow community is in decline. Slowing water movement through the creek and raising the water table should allow the plants to rebound.
A sinkhole opened last Thursday evening on a street in east Casper. According to the Casper Star Tribune, it was likely caused by the recent heavy rains.
On Saturday, Laramie received 2.73 inches of rain. According to the Laramie Boomerang, the heavy downpour caused flooding on several major roads and temporary closures. The University of Wyoming told its community about 20 buildings across the UW campus also flooded. | https://www.wyomingpublicmedia.org/2022-08-17/wednesday-august-17 | 2022-08-17T18:42:13Z |
The new book 28: Stories of AIDS in Africa profiles one person whose life has been affected by AIDS for every million people living with the disease on the continent.
Among the book's subjects are AIDS counselor Prisca Mhlolo of Zimbabwe, who was beaten bloody by her own family when she told them she had HIV; Alice Kadzanja, a nurse in Malawi who estimates that 2,000 nurses she worked with or knew of have died of AIDS; and Lefa Khoele in Lesotho, who at age 12 had been sick so much that he was only in third grade. He has been thriving since he started receiving AIDS drugs, the names of which are some of the first English words he learned: Nevirapine, Efavirenz
Author Stephanie Nolen talks to Melissa Block about some of these remarkable people, whom she met as a reporter for Toronto's Globe and Mail. She is the only Western journalist dedicated exclusively to covering AIDS in Africa.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.keranews.org/2007-05-04/profiles-from-the-front-lines-of-africas-aids-war | 2022-08-17T19:02:58Z |
3 interstate shootings in Alabama, Georgia possibly connected, police say
LEE COUNTY, Ala. (WSFA/Gray News) - Law enforcement agencies are searching for a vehicle of interest possibly connected to three separate shootings along Interstate 85 in Alabama and Georgia, WSFA reported.
Multiple agencies are involved in the investigation including Auburn Police Department, Troup County Sheriff’s Office in Georgia, Montgomery Police Department, Alabama Law Enforcement Agency, Georgia Bureau of Investigation and the FBI, according to a news release.
Police in Auburn, Alabama, said they responded to the area of Interstate 85 northbound between mile markers 56 and 57 Wednesday around 6:15 a.m. There were reports that a vehicle was stopped in the road, and another motorist gave the victim aid before first responders arrived.
Once on the scene, officers found the driver, a 45-year-old man, suffering from a life-threatening gunshot wound. Authorities said a shot had been fired into the rear of the man’s vehicle. The victim was flown by helicopter in critical condition to a Montgomery, Alabama, hospital.
Police are working to determine if the shooting is related to a shooting near Interstate 85 in Troup County, Georgia. According to WTVM, that incident involved a man who was reportedly shot at while driving on the interstate. The victim was not injured.
Details on a third Interstate 85 shooting, confirmed by police as part of the ongoing investigation, have not been released. It’s unclear where this shooting happened or if anyone was injured as a result.
The suspect is believed to be in a 1996 white Cadillac Fleetwood with license plate 3753BF3.
Anyone who sees the vehicle is asked to call 911 immediately and is urged not to approach the car or its driver. Any tips on this investigation should be made to detectives at (334) 501-3140 or at the tip line (334) 246-1391.
Copyright 2022 WSFA via Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/08/17/3-interstate-shootings-alabama-georgia-possibly-connected-police-say/ | 2022-08-17T19:09:47Z |
Deal with Paramount gives Walmart+ members streaming perks
NEW YORK (AP) — Walmart Inc. said Monday it has signed a deal with Paramount Global to offer the entertainment company’s streaming service as a perk to subscribers of the discounter’s shipping subscription service.
The move is part of efforts by the nation’s largest retailer to better compete with Amazon’s Prime membership program, which offers an array of perks.
Starting in September, subscribers to Walmart+ will be have access to the Paramount+ Essential Plan, which includes ads and offers original dramas such as “1883″ and “Star Trek: Strange New Worlds,” along with the preschool franchise “PAW Patrol,” recent blockbuster films such as “Sonic the Hedgehog 2,” and live sports.
The cost of Walmart+ will remain $98 a year, or $12.95 a month, the retailer said. It includes free shipping on items and discounts on gasoline. An Amazon Prime membership costs $139 a year, or $14.99 a month, and includes the Amazon Video service, original programming and free gaming, among other perks.
Walmart, which is based in Bentonville, Arkansas, has never disclosed the number of members it has signed up but said on Monday that it has had monthly growth in membership since its launch in September 2020.
Terms of the deal with New York-based Paramount Global were not disclosed.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/08/17/deal-with-paramount-gives-walmart-members-streaming-perks/ | 2022-08-17T19:09:54Z |
Ex-Indiana lawmaker sentenced in casino money scheme
INDIANAPOLIS (AP) — A former Indiana state senator was sentenced Wednesday to 10 months in prison for his role in a scheme that illegally funneled money from a casino company to his unsuccessful 2016 congressional campaign.
The federal investigation into contributions to Republican Brent Waltz’s campaign tied to a former casino executive led the Indiana Gaming Commission to force the company out of its lucrative ownership of projects for new casinos in Gary and Terre Haute.
Waltz, 48, of Greenwood, pleaded guilty in April to helping route about $40,000 in illegal contributions to his campaign and making false statements to the FBI.
Waltz said during Wednesday’s court hearing that his “greatest regret” was that his actions tarnished his reputation as a public servant, which included 12 years as a state senator representing the southern suburbs of Indianapolis, The Indianapolis Star reported.
Federal prosecutors had requested the 10-month sentence. U.S. District Judge James Sweeney, who also ordered Waltz to pay a fine of $40,500, could have sentenced him to up to five years in prison on each charge.
A sentencing hearing was scheduled Wednesday afternoon for John Keeler, a former top executive of Indianapolis-based Centaur Gaming.
Keeler, a lawyer who was a Republican legislator for 16 years in the 1980s and 90s, pleaded guilty in April to filing a false tax return for claiming as a business expense $41,000 that the casino company paid to a political consultant who, prosecutors say, made the contributions through straw donors.
Centaur Gaming sold two Indiana two horse track casinos to Las Vegas-based Caesars Entertainment Corp. in 2018 for $1.7 billion. Keeler and longtime Indiana casino heavyweight Rod Ratcliff later led a group that then formed Spectacle Entertainment to buy the Gary casino operation.
The September 2020 indictment of Keeler and Waltz led to Spectacle Entertainment being forced from ownership of Gary and Terre Haute casino projects now run by other companies.
The state gaming commission also raised financial misconduct allegations against Ratcliff, who agreed to give up his state casino license and exit the gambling industry. Ratcliff has not faced any criminal charges.
Federal prosecutors urged the judge to sentence Waltz and Keeler to at least 10 months in prison to discourage similar crimes by others. Prosecutors described both men as wealthy with successful careers.
“None of this was enough for either defendant,” prosecutors wrote in a court filing. “They wanted more, and they chose to commit crimes of opportunity — not economic necessity — to get what they wanted.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/08/17/ex-indiana-lawmaker-sentenced-casino-money-scheme/ | 2022-08-17T19:10:00Z |
Fed saw evidence of a slowing economy at its last meeting
WASHINGTON (AP) — Federal Reserve officials saw signs that the U.S. economy was weakening at their last meeting but still called inflation “unacceptably high” before raising their benchmark interest rate by a sizable three-quarters of a point in their drive to slow spiking prices.
In minutes from their July 26-27 meeting released Wednesday, the policymakers said they expected the economy to expand in the second half of 2022. But many of them suggested that growth would weaken as higher rates take hold. The officials noted that the housing market, consumer spending, business investment and factory production had decelerated after having expanded robustly in 2021.
Slower growth, they noted, could “set the stage’' for inflation to gradually fall to the central bank’s 2% annual goal, though it remained “far above’' that target. But the policymakers made clear that for now, they intend to continue raising rates enough to slow the economy.
In both June and July, the Fed sought to curb high inflation by raising its key rate by an unusually large three quarters of a percentage point twice. At their meeting last month, the policymakers said it might “become appropriate at some point to slow the pace of policy rate increases.’’
It remains unclear whether the Fed will announce yet another three-quarter-point rate hike when it next meets Sept. 20-21 or instead impose a more modest half-point hike then. Since the Fed’s meeting three weeks ago, the economy has sent mixed signals — unexpectedly strong hiring, a deterioration in the housing market and a surprising drop in inflation. Before the policymakers reconvene in September, they will see another monthly jobs report and another monthly report on consumer prices.
Compounding the challenge for the central bank is that it was slow to respond to a resurgence of inflation in the spring of 2021 as the economy roared back from the 2020 pandemic recession. For many months, Chair Jerome Powell characterized high inflation as “transitory,” mainly a result of supply chain backlogs that would soon unsnarl and ease inflationary pressure. They didn’t, and year-over-year inflation hit a 40-year high of 9.1% in June before edging lower last month.
So the Fed has had to play catch-up with a series of sharp rate increases. It raised its benchmark rate in March and again in May, June and July. Those moves have raised the central bank’s key rate, which influences many consumer and business loans, from near zero to a range of 2.25% to 2.5%, the highest since 2018.
Powell has said the Fed will do what it will take to tame inflation, and more rate hikes are expected. But many economists worry that the Fed will end up overdoing it in the other direction by tightening credit so much as to trigger a recession.
Concerns about a potential recession have been eased, for now, by the ongoing strength of the job market. Employers added a robust 528,000 jobs last month, and the unemployment rate has hit 3.5%, matching a half-century low that was reached just before the pandemic erupted in 2020.
In the minutes released Wednesday, the Fed’s policymakers acknowledged the strength of the job market. But they also noted that hiring tends to be a lagging indicator of the economy’s health. And they pointed to signs that the job market might be cooling, including an increase in the number of Americans filing for unemployment benefits, a drop in Americans quitting their jobs and a reduction in job openings.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/08/17/fed-saw-evidence-slowing-economy-its-last-meeting/ | 2022-08-17T19:10:07Z |
‘I’m not sure if it’s a body or a mannequin’: 911 call adds mystery to body found burned in desert
PHOENIX (KTVK/KPHO/Gray News) – A 911 call from Phoenix revealed that a man’s charred body was almost mistaken for a mannequin.
The homicide case of Benjamin Anderson has been riddled with mystery ever since he disappeared on New Year’s Eve. His body was found burned in the desert off Interstate 17, and his car was also found torched in a parking lot.
In a matter of hours, Anderson went from talking to his friends and family, making plans for New Year’s Eve that night, to his burned body being found in the desert.
Now, in a recently released audio, the 911 caller who found Anderson’s body just after 1:30 p.m. on New Year’s Eve almost mistook him for a mannequin.
“Um, I’m now in the desert on the 17 off Mesa Table,” the caller said. “I’m not sure if it’s a body or a mannequin, but it looks like a body to me.”
“It’s on fire right now?” the dispatcher asked.
“Yes. It’s on fire and it’s getting wider,” the caller said.
“Did you see any vehicles or anything around it?” the dispatcher asked.
“No. I looked around. There was nothing,” the caller said.
Daniel Stahoviak, Anderson’s best friend of 25 years, said he is thankful someone found his friend so quickly, although they are still searching for answers.
While looking for Anderson on New Year’s Eve, Stahoviak and other friends were able to track down Anderson’s vehicle in a hotel parking garage, where they said they saw three people inside the car. They chased them for some time before giving up.
Hours later, the group of friends found Anderson’s car burned in a school parking lot. Unknown to his friends at the time, Anderson’s body had already been found as well.
Stahoviak said he spoke to Anderson at 8 a.m. that morning, and Anderson spoke to family around 9:30 a.m. His body was found burning miles away from his home just four hours later.
“We’re talking a matter of just a couple of hours that he was found burning in the desert almost to the county line. So, it’s so hard to fathom what happened that quick to Ben and who got to him that quick,” Stahoviak said.
There are still a lot of unknowns. Officials don’t know who the people were inside Anderson’s car, they don’t know how Anderson got to the desert, and they don’t know a motive for his killing.
The Maricopa County Sheriff’s Office is continuing to investigate.
Copyright 2022 KTVK/KPHO via Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/08/17/im-not-sure-if-its-body-or-mannequin-911-call-adds-mystery-body-found-burned-desert/ | 2022-08-17T19:10:14Z |
Man charged with election interference tied to Capitol riot
(AP) - A Virginia man who is facing trial on charges that he drove a Hummer packed with guns to Philadelphia to interfere with the 2020 presidential election has been arrested in a separate case that alleges his involvement in the Jan. 6 insurrection at the U.S. Capitol.
Antonio LaMotta was arrested Tuesday in the southeastern Virginia city of Chesapeake, according to court documents filed in U.S. District Court in Washington.
He faces federal misdemeanor offenses, including illegal entry and disorderly conduct at the U.S. Capitol in January 2021. Lawmakers had gathered that day to count Electoral College results, which showed that President Joe Biden won the election.
LaMotta, 63, is among more than 850 people charged with federal crimes for their alleged conduct inside the Capitol building. But he stands out for the case already pending against him and another man in Philadelphia.
In November 2020, LaMotta and Joshua Macias drove to a Philadelphia convention center where votes were being counted for the presidential election, prosecutors have alleged. The men arrived in a Hummer adorned with a QAnon sticker and loaded with an AR-15-style rifle, more than 100 rounds of ammunition and other weapons.
QAnon centers on the baseless belief that former President Donald Trump had waged a secret campaign against enemies in the “deep state” and a child sex trafficking ring run by satanic pedophiles and cannibals.
Prosecutors say Macias and LaMotta had planned a mass shooting as the election hung in the balance but were thwarted by an FBI tip about their travels. A trial for the men is scheduled for October. Charges include interfering with an election.
At a preliminary hearing last year, lawyers for both men argued there was no evidence they interfered or tried to interfere with election-related activities. The lawyers said that it appeared the men were being punished for their beliefs, including support for false theories that the presidential election was fraudulent.
The criminal complaint against LaMotta for his alleged actions on Jan. 6 states he was identified through images captured on Capitol surveillance cameras as well as police body cameras. LaMotta also was identified by an FBI agent who had interviewed him after his arrest in Philadelphia.
“LaMotta entered the Capitol building through the east Rotunda doors at approximately 3:21 p.m.,” the federal complaint stated. “He was part of a group of rioters that pushed past police officers working to bar entry into the building. Police pushed LaMotta out of the building, along with other rioters, at approximately 3:29 p.m.”
More than 350 Capitol riot defendants have pleaded guilty, mostly to misdemeanor offenses. People convicted of misdemeanors have received sentences ranging from probation to eight months behind bars.
An attorney was not listed for LaMotta in federal court documents related to the Capitol riot case. His attorney for the case in Philadelphia, Lauren Wimmer, did not immediately respond to an email seeking comment.
___
Associated Press writer Alanna Durkin Richer contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/08/17/man-charged-with-election-interference-tied-capitol-riot/ | 2022-08-17T19:10:20Z |
Judge: Pharmacies owe 2 Ohio counties $650M in opioids suit
CLEVELAND (AP) — A federal judge in Cleveland awarded $650 million in damages Wednesday to two Ohio counties that won a landmark lawsuit against national pharmacy chains CVS, Walgreens and Walmart, claiming the way they distributed opioids to customers caused severe harm to communities and created a public nuisance.
U.S. District Judge Dan Polster said in the ruling that the money will be used to abate a continuing opioid crisis in Lake and Trumbull counties, outside Cleveland. Attorneys for the counties put the total price tag at $3 billion for the damage done to the counties.
Lake County is to receive $306 million over 15 years. Trumbull County is to receive $444 million over the same period. Polster ordered the companies to immediately pay nearly $87 million to cover the first two years of the abatement plan.
In his ruling, Polster admonished the three companies, saying they “squandered the opportunity to present a meaningful plan to abate the nuisance” after a trial that considered what damages they might owe.
Walmart and Walgreens both said they will be appealing the ruling. CVS did not immediately respond to a request for comment.
Trumbull County Commissioner Frank Fuda praised the award in a statement, saying “the harms caused by this devastating epidemic” can now be addressed.
Lake County Commissioner John Hamercheck said in a statement “Today marks the start of a new day in our fight to end the opioid epidemic.”
A jury returned a verdict in November in favor of the counties after a six-week trial. It was then left to Polster to decide how much the counties should receive from the three pharmacy companies. He heard testimony in May to determine damages.
The counties convinced the jury that the pharmacies played an outsized role in creating a public nuisance in the way they dispensed pain medication into their communities.
It was the first time pharmacy companies completed a trial to defend themselves in a drug crisis that has killed a half-million Americans since 1999.
Attorneys for the pharmacy chains maintained they had policies to stem the flow of pills when their pharmacists had concerns and would notify authorities about suspicious orders from doctors. They also said it was doctors who controlled how many pills were prescribed for legitimate medical needs not their pharmacies.
Walmart issued a statement Wednesday saying the counties’ attorneys “sued Walmart in search of deep pockets, and this judgment follows a trial that was engineered to favor the plaintiffs’ attorneys and was riddled with remarkable legal and factual mistakes. We will appeal.”
Walgreens spokesperson Fraser Engerman said “The facts and the law did not support the jury verdict last fall, and they do not support the court’s decision now.
“The court committed significant legal errors in allowing the case to go before a jury on a flawed legal theory that is inconsistent with Ohio law and compounded those errors in reaching its ruling regarding damages.”
CVS is based in Rhode Island, Walgreens in Illinois and Walmart in Arkansas.
Two chains — Rite Aid and Giant Eagle — settled lawsuits with the counties before trial. The amounts they paid have not been disclosed publicly.
Mark Lanier, an attorney for the counties, said during trial that the pharmacies were attempting to blame everyone but themselves.
The opioid crisis has overwhelmed courts, social services agencies and law enforcement in Ohio’s blue-collar corner east of Cleveland, leaving behind heartbroken families and babies born to addicted mothers, Lanier told jurors.
Roughly 80 million prescription painkillers were dispensed in Trumbull County alone between 2012 and 2016 — equivalent to 400 for every resident. In Lake County, some 61 million pills were distributed during that period.
The rise in physicians prescribing pain medications such as oxycodone and hydrocodone came as medical groups began recognizing that patients have the right to be treated for pain, Kaspar Stoffelmayr, an attorney for Walgreens, said at the opening of the trial.
The problem, he said, was “pharmaceutical manufacturers tricked doctors into writing way too many pills.”
The counties said pharmacies should be the last line of defense to prevent the pills from getting into the wrong hands.
The trial before Polster was part of a broader constellation of about 3,000 federal opioid lawsuits consolidated under the his supervision. Other cases are moving ahead in state courts.
Kevin Roy, chief public policy officer at Shatterproof, an organization that advocates for solutions to addiction, said in November the verdict could lead pharmacies to follow the path of major distribution companies and some drugmakers that have reached nationwide settlements of opioid cases worth billions. So far, no pharmacy has reached a nationwide settlement.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/08/17/ohio-counties-awarded-650m-cvs-walmart-walgreens-suit/ | 2022-08-17T19:10:27Z |
Rain chances lower through Friday, but go up again by this weekend
Isolated showers and storms will still be possible in the coming days
Upper-level low pressure will gradually shift off to the northeast in the coming days, lowering our rain chances a bit for the second half of the work week. This evening, we’ll see partly cloudy skies, and the slim chance for a few pop-up/isolated showers and thunderstorms. Luckily, severe weather nor flooding look to be threats into tonight. Otherwise, after sundown, we’ll experience partly cloudy skies, areas of fog, and low temps in the 50s and low 60s.
Thursday will bring a bit more sun, some lingering clouds, and highs in the 70s for most. We’ll see a stray shower or rumble of thunder during the afternoon, but most will stay quiet. Thursday night will be partly cloudy, with some patchy fog again and lows hovering in the 50s and 60s.
Friday, the weather will be on repeat- we’ll see more sun, clouds, and isolated showers/thunderstorms here & there. Highs will be in the 70s, and lows still in the 50s and 60s to wrap up the work week.
Another area of low pressure will approach us this weekend, resulting in wider-spread rain moving in by this weekend. If there is a renewed flooding or severe threat- it could arrive by this Saturday/Sunday. Stay weather aware!
BLUEFIELD, W.Va. (WVVA) -
Copyright 2022 WVVA. All rights reserved. | https://www.wvva.com/2022/08/17/rain-chances-lower-through-friday-go-up-again-by-this-weekend/ | 2022-08-17T19:10:34Z |
School shooter’s attorneys drop contentious brain exam
FORT LAUDERDALE, Fla. (AP) — The attorneys for Florida school shooter Nikolas Cruz won’t present to his jurors the results of a controversial test that they said supports their belief he suffers from fetal alcohol syndrome.
The attorneys told Circuit Judge Elizabeth Scherer on Wednesday that they won’t use the test. The test compared brainwaves from the 23-year-old mass murderer with normal people.
Prosecutors and critics says the test is unproven and junk.
Cruz pleaded guilty to murdering 17 at Parkland’s Marjory Stoneman Douglas High School in 2018.
The jury in his ongoing penalty trial will only decide if he should be sentenced to death or life without parole.
It resumes Monday with his attorneys’ opening statement.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/08/17/school-shooters-attorneys-drop-contentious-brain-exam/ | 2022-08-17T19:10:41Z |
Teen collapses during baseball practice, coaches save his life with CPR
KANSAS CITY, Mo. (KMBC/Gray News) – Coaches at a high school in Missouri jumped into action when a student-athlete collapsed during baseball practice.
It started out as a normal hitting practice when 17-year-old Davis Dwight was gearing up for the start of the fall season with Coach Nik Crouch.
But before the first swing, practice took a turn – Davis went into cardiac arrest and his coaches said they couldn’t feel a pulse.
Coach and former catcher for the Kansas City Royals Mike MacFarlane and Crouch began chest compressions right away.
“What we were trying to help him with for 12 minutes felt like an absolute eternity,” Crouch said.
Those 12 minutes saved his life.
“Other than seeing my children born, it was probably the most emotional day I’ve ever had,” MacFarlane said.
Davis spent nearly a week in the hospital – five of those days in the ICU. He has since been released from the hospital and one of his first stops was to thank his coaches.
“I turn the corner and I just see him. You see the face. It was an incredible moment to see him. He looked great. His smile, it just lit up my life heavily,” Crouch said.
It will take time before Davis can return to practice, but he is just thankful to be alive.
Copyright 2022 KMBC via CNN Newsource. All rights reserved. | https://www.wvva.com/2022/08/17/teen-collapses-during-baseball-practice-coaches-save-his-life-with-cpr/ | 2022-08-17T19:10:47Z |
Whether she is exploring a medical culture clash in The Spirit Catches You and You Fall Down, or negotiating the fraught terrain of merging her books with her husband's in Ex Libris, author Anne Fadiman clearly has a big crush on the English language.
She also has a big crush on Romantic-era essayist Charles Lamb, which is evident in her new book, a collection of familiar essays called At Large and At Small.
The familiar essay, Fadiman tells Rebecca Roberts, is a subset of the personal essay – but not as personal as the personal essay familiar to 21st-century readers.
In the early 19th century, writers such as Lamb and William Hazlett wrote about themselves, but at the same time about a subject that they knew their readers knew, too. Among Lamb's topics, for instance, were tailors, drunkards and annoying relatives.
"The hallmark of the familiar essay is that it is autobiographical, but also about the world," Fadiman says.
Fadiman, who writes about everything from Samuel Taylor Coleridge to ice cream, shares her thoughts on why it was so enjoyable to pen a familiar essay about coffee, blogging as a literary genre and why many of her readers think of her as being a good friend.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.keranews.org/2007-06-06/essayist-fadiman-revives-familiar-literary-art | 2022-08-17T19:22:41Z |
3 interstate shootings in Alabama, Georgia possibly connected, police say
LEE COUNTY, Ala. (WSFA/Gray News) - Law enforcement agencies are searching for a vehicle of interest possibly connected to three separate shootings along Interstate 85 in Alabama and Georgia, WSFA reported.
Multiple agencies are involved in the investigation including Auburn Police Department, Troup County Sheriff’s Office in Georgia, Montgomery Police Department, Alabama Law Enforcement Agency, Georgia Bureau of Investigation and the FBI, according to a news release.
Police in Auburn, Alabama, said they responded to the area of Interstate 85 northbound between mile markers 56 and 57 Wednesday around 6:15 a.m. There were reports that a vehicle was stopped in the road, and another motorist gave the victim aid before first responders arrived.
Once on the scene, officers found the driver, a 45-year-old man, suffering from a life-threatening gunshot wound. Authorities said a shot had been fired into the rear of the man’s vehicle. The victim was flown by helicopter in critical condition to a Montgomery, Alabama, hospital.
Police are working to determine if the shooting is related to a shooting near Interstate 85 in Troup County, Georgia. According to WTVM, that incident involved a man who was reportedly shot at while driving on the interstate. The victim was not injured.
Details on a third Interstate 85 shooting, confirmed by police as part of the ongoing investigation, have not been released. It’s unclear where this shooting happened or if anyone was injured as a result.
The suspect is believed to be in a 1996 white Cadillac Fleetwood with license plate 3753BF3.
Anyone who sees the vehicle is asked to call 911 immediately and is urged not to approach the car or its driver. Any tips on this investigation should be made to detectives at (334) 501-3140 or at the tip line (334) 246-1391.
Copyright 2022 WSFA via Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/08/17/3-interstate-shootings-alabama-georgia-possibly-connected-police-say/ | 2022-08-17T19:45:54Z |
Central Shenandoah Health District prepares to distribute monkeypox vaccines in coming weeks
HARRISONBURG, Va. (WHSV) - Virginia has more than 200 cases of monkeypox. Most are in northern Virginia, while the northwest region, which includes the Shenandoah Valley, reports nine cases.
The Central Shenandoah Health District wants you to be aware of the symptoms and help slow the spread. Last week, it launched a monkeypox vaccine interest survey to determine the need and who is most at risk. The vaccine supply is still limited at this time.
“Filling out this survey is a way for us to gauge what kind of care we need to provide in our health district,” Jordi Shelton, with the CSHD, said. “It’s not necessarily a guarantee that once you fill it out, you’ll receive a vaccine, so that’s something for people to keep in mind as well.”
Neighboring Blue Ridge Health District received 90 doses of monkeypox vaccines. Nearly 75 vaccines already went to those deemed to be at intermediate or high risk of exposure. Vaccines in the CSHD will start being distributed in the coming weeks.
“We’re dealing with that limited supply but there’s also not a recommendation for widespread vaccination,” Shelton said.
The CSHD recommends vaccination for persons who meet any of the following criteria:
- Gay, bisexual, and other men who have sex with men and have had multiple (e.g. more than 1) or anonymous sexual partners within the last 14 days; OR
- Transgender women and nonbinary persons assigned male at birth who have sex with men and have had multiple (e.g. more than 1) or anonymous sexual partners within the last 14 days; OR
- Sex workers (of any orientation or gender) within the last 14 days; OR
- Staff (of any orientation or gender) at establishments where sexual activity occurs (e.g. bathhouses, sex clubs) within the last 14 days; OR
- Persons (of any orientation or gender) who attend sex-on-premises venues (e.g. bathhouses, sex clubs) within the last 14 days.
Shelton said it can take several weeks for monkeypox symptoms to appear.
“Classically described monkeypox typically begins with fever, chills, fatigue, headache, swollen lymph nodes, and then after a few days, that distinctive rash typically appears,” she said. “Typically it will begin on the face.”
Dr. Melissa Viray, with the Richmond-Henrico Health District, said monkeypox is not considered a sexually transmitted disease or infection. While monkeypox is spread through sexual contact it is not transmitted like other STDs or STIs.
“Right now we’re seeing transmission in a particular group of folks that does not mean that folks who aren’t in that group are not at risk at all but that’s not what we’re seeing in transmission right now,” Dr. Viray said.
If you have a new rash, illness, or have been in close contact with someone exposed to monkeypox, Shelton suggests that you stay home and contact your health provider.
According to the Virginia Department of Health, anyone can get and spread monkeypox; however, it is spread by close contact with an infected person. Close contact includes touching skin lesions, bodily fluids, or clothing or linens that have been in contact with an infected person. Spread can also occur during prolonged, face-to-face contact.
To complete the CSHD’s Monkeypox Vaccine Interest Form, click here. For more information on monkeypox from VDH, click here.
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/08/17/central-shenandoah-health-district-prepares-distribute-monkeypox-vaccines-coming-weeks/ | 2022-08-17T19:46:01Z |
Dodge ending production of Charger, Challenger in 2023
(Gray News) - Production of the current Dodge Charger and Challenger is ending in 2023.
Representatives with parent company Stellantis confirmed the decision this week in a news release, saying the company is ending production of those models in their current form next year.
Dodge shared that its iconic muscle cars would be celebrated in their final year with several new 2023 models, all including a commemorative “Last Call” under the hood plaque.
“We are celebrating the end of an era — and the start of a bright new electrified future — by staying true to our brand,” said Tim Kuniskis, Dodge brand chief executive officer.
The muscle cars first appeared in the 1960s and 1970s before being revived in the early 2000s.
Dodge said it plans to offer seven 2023 heritage-influenced models, celebrating the company’s history of its Charger and Challenger vehicles.
The new models will be offered on a first-come, first-served basis once they are available at top-selling Dodge dealerships. The automaker said it will give customers a guide for locating the vehicles at DodgeGarage.com.
According to Dodge, ordering and pricing information for the new 2023 models are expected to be released closer to the on-sale date.
Dodge’s announcement comes as automakers move away from gas-powered cars and invest more in electric vehicles.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/08/17/dodge-ending-production-charger-challenger-2023/ | 2022-08-17T19:46:07Z |
Fed saw evidence of a slowing economy at its last meeting
WASHINGTON (AP) — Federal Reserve officials saw signs that the U.S. economy was weakening at their last meeting but still called inflation “unacceptably high” before raising their benchmark interest rate by a sizable three-quarters of a point in their drive to slow spiking prices.
In minutes from their July 26-27 meeting released Wednesday, the policymakers said they expected the economy to expand in the second half of 2022. But many of them suggested that growth would weaken as higher rates take hold. The officials noted that the housing market, consumer spending, business investment and factory production had decelerated after having expanded robustly in 2021.
Slower growth, they noted, could “set the stage’' for inflation to gradually fall to the central bank’s 2% annual goal, though it remained “far above’' that target. But the policymakers made clear that for now, they intend to continue raising rates enough to slow the economy.
In both June and July, the Fed sought to curb high inflation by raising its key rate by an unusually large three quarters of a percentage point twice. At their meeting last month, the policymakers said it might “become appropriate at some point to slow the pace of policy rate increases.’’
It remains unclear whether the Fed will announce yet another three-quarter-point rate hike when it next meets Sept. 20-21 or instead impose a more modest half-point hike then. Since the Fed’s meeting three weeks ago, the economy has sent mixed signals — unexpectedly strong hiring, a deterioration in the housing market and a surprising drop in inflation. Before the policymakers reconvene in September, they will see another monthly jobs report and another monthly report on consumer prices.
Compounding the challenge for the central bank is that it was slow to respond to a resurgence of inflation in the spring of 2021 as the economy roared back from the 2020 pandemic recession. For many months, Chair Jerome Powell characterized high inflation as “transitory,” mainly a result of supply chain backlogs that would soon unsnarl and ease inflationary pressure. They didn’t, and year-over-year inflation hit a 40-year high of 9.1% in June before edging lower last month.
So the Fed has had to play catch-up with a series of sharp rate increases. It raised its benchmark rate in March and again in May, June and July. Those moves have raised the central bank’s key rate, which influences many consumer and business loans, from near zero to a range of 2.25% to 2.5%, the highest since 2018.
Powell has said the Fed will do what it will take to tame inflation, and more rate hikes are expected. But many economists worry that the Fed will end up overdoing it in the other direction by tightening credit so much as to trigger a recession.
Concerns about a potential recession have been eased, for now, by the ongoing strength of the job market. Employers added a robust 528,000 jobs last month, and the unemployment rate has hit 3.5%, matching a half-century low that was reached just before the pandemic erupted in 2020.
In the minutes released Wednesday, the Fed’s policymakers acknowledged the strength of the job market. But they also noted that hiring tends to be a lagging indicator of the economy’s health. And they pointed to signs that the job market might be cooling, including an increase in the number of Americans filing for unemployment benefits, a drop in Americans quitting their jobs and a reduction in job openings.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/08/17/fed-saw-evidence-slowing-economy-its-last-meeting/ | 2022-08-17T19:46:16Z |
Judge: Pharmacies owe 2 Ohio counties $650M in opioids suit
CLEVELAND (AP) — A federal judge in Cleveland awarded $650 million in damages Wednesday to two Ohio counties that won a landmark lawsuit against national pharmacy chains CVS, Walgreens and Walmart, claiming the way they distributed opioids to customers caused severe harm to communities and created a public nuisance.
U.S. District Judge Dan Polster said in the ruling that the money will be used to abate a continuing opioid crisis in Lake and Trumbull counties, outside Cleveland. Attorneys for the counties put the total price tag at $3 billion for the damage done to the counties.
Lake County is to receive $306 million over 15 years. Trumbull County is to receive $344 million over the same period. Polster ordered the companies to immediately pay nearly $87 million to cover the first two years of the abatement plan.
In his ruling, Polster admonished the three companies, saying they “squandered the opportunity to present a meaningful plan to abate the nuisance” after a trial that considered what damages they might owe.
Walmart and Walgreens both said they will be appealing the ruling. CVS did not immediately respond to a request for comment.
Trumbull County Commissioner Frank Fuda praised the award in a statement, saying “the harms caused by this devastating epidemic” can now be addressed.
Lake County Commissioner John Hamercheck said in a statement “Today marks the start of a new day in our fight to end the opioid epidemic.”
A jury returned a verdict in November in favor of the counties after a six-week trial. It was then left to Polster to decide how much the counties should receive from the three pharmacy companies. He heard testimony in May to determine damages.
The counties convinced the jury that the pharmacies played an outsized role in creating a public nuisance in the way they dispensed pain medication into their communities.
It was the first time pharmacy companies completed a trial to defend themselves in a drug crisis that has killed a half-million Americans since 1999.
Attorneys for the pharmacy chains maintained they had policies to stem the flow of pills when their pharmacists had concerns and would notify authorities about suspicious orders from doctors. They also said it was doctors who controlled how many pills were prescribed for legitimate medical needs not their pharmacies.
Walmart issued a statement Wednesday saying the counties’ attorneys “sued Walmart in search of deep pockets, and this judgment follows a trial that was engineered to favor the plaintiffs’ attorneys and was riddled with remarkable legal and factual mistakes. We will appeal.”
Walgreens spokesperson Fraser Engerman said “The facts and the law did not support the jury verdict last fall, and they do not support the court’s decision now.
“The court committed significant legal errors in allowing the case to go before a jury on a flawed legal theory that is inconsistent with Ohio law and compounded those errors in reaching its ruling regarding damages.”
CVS is based in Rhode Island, Walgreens in Illinois and Walmart in Arkansas.
Two chains — Rite Aid and Giant Eagle — settled lawsuits with the counties before trial. The amounts they paid have not been disclosed publicly.
Mark Lanier, an attorney for the counties, said during trial that the pharmacies were attempting to blame everyone but themselves.
The opioid crisis has overwhelmed courts, social services agencies and law enforcement in Ohio’s blue-collar corner east of Cleveland, leaving behind heartbroken families and babies born to addicted mothers, Lanier told jurors.
Roughly 80 million prescription painkillers were dispensed in Trumbull County alone between 2012 and 2016 — equivalent to 400 for every resident. In Lake County, some 61 million pills were distributed during that period.
The rise in physicians prescribing pain medications such as oxycodone and hydrocodone came as medical groups began recognizing that patients have the right to be treated for pain, Kaspar Stoffelmayr, an attorney for Walgreens, said at the opening of the trial.
The problem, he said, was “pharmaceutical manufacturers tricked doctors into writing way too many pills.”
The counties said pharmacies should be the last line of defense to prevent the pills from getting into the wrong hands.
The trial before Polster was part of a broader constellation of about 3,000 federal opioid lawsuits consolidated under the his supervision. Other cases are moving ahead in state courts.
Kevin Roy, chief public policy officer at Shatterproof, an organization that advocates for solutions to addiction, said in November the verdict could lead pharmacies to follow the path of major distribution companies and some drugmakers that have reached nationwide settlements of opioid cases worth billions. So far, no pharmacy has reached a nationwide settlement.
___
This story has been corrected to show that Trumbull County was awarded $344 million, not $444 million.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/08/17/ohio-counties-awarded-650m-cvs-walmart-walgreens-suit/ | 2022-08-17T19:46:23Z |
School shooter’s attorneys drop contentious brain exam
FORT LAUDERDALE, Fla. (AP) — The attorneys for Florida school shooter Nikolas Cruz won’t present to his jurors the results of a controversial test that they said supports their belief he suffers from fetal alcohol syndrome.
The attorneys told Circuit Judge Elizabeth Scherer on Wednesday that they won’t use the test. The test compared brainwaves from the 23-year-old mass murderer with normal people.
Prosecutors and critics says the test is unproven and junk.
Cruz pleaded guilty to murdering 17 at Parkland’s Marjory Stoneman Douglas High School in 2018.
The jury in his ongoing penalty trial will only decide if he should be sentenced to death or life without parole.
It resumes Monday with his attorneys’ opening statement.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/08/17/school-shooters-attorneys-drop-contentious-brain-exam/ | 2022-08-17T19:46:30Z |
Teen collapses during baseball practice, coaches save his life with CPR
KANSAS CITY, Mo. (KMBC/Gray News) – Coaches at a high school in Missouri jumped into action when a student-athlete collapsed during baseball practice.
It started out as a normal hitting practice when 17-year-old Davis Dwight was gearing up for the start of the fall season with Coach Nik Crouch.
But before the first swing, practice took a turn – Davis went into cardiac arrest and his coaches said they couldn’t feel a pulse.
Coach and former catcher for the Kansas City Royals Mike MacFarlane and Crouch began chest compressions right away.
“What we were trying to help him with for 12 minutes felt like an absolute eternity,” Crouch said.
Those 12 minutes saved his life.
“Other than seeing my children born, it was probably the most emotional day I’ve ever had,” MacFarlane said.
Davis spent nearly a week in the hospital – five of those days in the ICU. He has since been released from the hospital and one of his first stops was to thank his coaches.
“I turn the corner and I just see him. You see the face. It was an incredible moment to see him. He looked great. His smile, it just lit up my life heavily,” Crouch said.
It will take time before Davis can return to practice, but he is just thankful to be alive.
Copyright 2022 KMBC via CNN Newsource. All rights reserved. | https://www.whsv.com/2022/08/17/teen-collapses-during-baseball-practice-coaches-save-his-life-with-cpr/ | 2022-08-17T19:46:37Z |
Cannabis customers in Denver & Aurora now have a convenient, on-demand home delivery option in Flyhi; the online service adds Aeropay's cashless, compliant payment solutions
CHICAGO and DENVER, Aug. 17, 2022 /PRNewswire/ -- Aeropay, the cannabis industry's leading digital payments provider, and Flyhi, an on-demand home delivery service for recreational cannabis, announced a strategic partnership bringing contactless, cashless cannabis delivery payments to businesses and consumers in Denver, CO. The partnership includes integration of Aeropay's digital and compliant payment solutions into Flyhi's on-demand home delivery service.
Through this integration, customers using Flyhi.com can pre-pay for products online at the time of checkout for home delivery orders. Payments will be facilitated through secure bank-to-bank transfers, and customers ordering through Flyhi now have the option to pay with Aeropay at checkout. For first-time Aeropay users, the sign-up process is two steps – customers simply create an Aeropay account and link their bank. Returning users can complete purchases with a single click.
Flyhi, one of the most efficient delivery management systems available, works with an exclusive line of dispensaries and top cannabis brands, including O.Pen, Wyld, Dixie, Tical, 1906, PAX, Mary's, Escape Artists and Veritas to provide consumers with all cannabis product experiences.
"We're proud to announce this partnership with Aeropay and introduce a cashless payment option for home deliveries with Flyhi." said Ashley Chubin, Chief Operating Officer at Flyhi. "Together, we made it simple for our customers; through this new integration, you can now choose a digital payment at checkout and avoid the inconvenience of cash only orders."
For business owners, taking traditional card payments isn't possible while cannabis remains illegal at the federal level, and most major banks have stayed away from working with the cannabis industry. Businesses and customers are forced to make predominantly cash transactions, but sales trends show that 51% of customers prefer to make contactless, secure payments for goods and services. Aeropay's compliant digital payments offer a safe, simple, and streamlined way for customers to pay for premium cannabis delivery service.
"Our vision has always been to facilitate better payment options for consumers and businesses. Reliance on cash payments is a major burden for most cannabis businesses, and we're proud to partner with Flyhi to create a cashless cannabis delivery experience that is safe, compliant, and cashless," said Daniel Muller, CEO and Founder of Aeropay. "Flyhi is a premier delivery company in the Denver & Aurora area, and our partnership adds another first-class cashless delivery service to the growing Colorado delivery market. We aim to provide cannabis businesses with digital payment solutions that allow them to operate in the same manner seen in other leading industries."
While this integration focuses on improving the delivery and consumer experience, Aeropay and Flyhi also provide B2B solutions for the cannabis industry. The companies have plans to streamline the cannabis experience in other parts of the supply chain while lowering the volume of cash and enabling more digital payments.
Aeropay is a financial technology company providing digital payment processing solutions to state-legal cannabis businesses. With Aeropay, cannabis businesses can offer a compliant, contactless and cash-free payment option to their customers. Aeropay has sought regulatory compliance in every state that it operates in. For more information, visit www.aeropay.com or email hello@aeropay.com.
Flyhi.com, launched in 2020, was created by cannabis & technology experts seeking to create a convenient & easier way for customers to explore, shop and receive their cannabis products discreetly at home. Fully state/city licensed and compliant, Flyhi offers a seamless, safe, and trusted shopping experience. The company's unique technology also allows dispensaries and brands the ability to track real-time data and optimize inventory control.
https://flyhi.com
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SOURCE AeroPay/MATTIO Communications | https://www.whsv.com/prnewswire/2022/08/17/aeropay-flyhi-announce-strategic-partnership-bringing-cashless-cannabis-delivery-payments-colorado/ | 2022-08-17T19:46:44Z |
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- Audicus, the long-time provider and premier name in affordable, fully-customizable online hearing aids, celebrates the final FDA rule issued on Tuesday. The long-awaited rule, stemming from 2017 congressional legislation, establishes a new category of over-the-counter (OTC) hearing aids and will enable consumers with hearing loss to purchase hearing aids without the need for a prescription from an audiologist.
"It's no secret the hearing industry has been in need of a shakeup for a long time," said Patrick Freuler, Founder and CEO of Audicus. "We set out on the mission of making hearing care affordable and accessible for all over a decade ago. In that time, we've been able to save customers millions of dollars on hearing care, while helping so many people live more empowered, connected, and healthier lives. Over and over again, we've seen far too many people avoid addressing their hearing health due to high costs and lack of access, and we're excited this FDA rule will allow us to continue to provide even more affordable hearing solutions to the millions of Americans in need."
Nearly 30 million Americans could benefit from the use of hearing aids, but in a February 2022 survey, Audicus found high costs were the main prohibitor of addressing hearing issues, with about 40% of respondents noting that costs were too high. These high costs lead to many years of unaddressed hearing loss, with the average hearing aid user waiting 10 years before seeking help, according to a Johns Hopkins study that tied hearing loss to the risk of developing dementia.
"We're excited to keep breaking down these barriers and to continue our record of innovation in the space," Freuler continued. "We were the first to offer an end-to-end online customizable hearing solution, and we've continued to innovate new ways to make hearing care even more affordable. We just launched a new subscription product that lets users access advanced hearing aid technology and on-demand support for only $99/month, giving our consumers more options when it comes to easy and affordable hearing solutions."
The final FDA rule will be effective in the Fall.
Audicus offers award-winning, affordable hearing aids online, at a fraction of the cost of traditional audiologists. Through its innovative business model, Audicus has enabled consumers to save more than $50 million since 2012, and has helped hundreds of thousands lead more connected and empowered lives. Audicus was also the first to introduce a hearing aid subscription to members, with fully customizable hearing aids starting at $99 per month.
For more information on Audicus, visit www.audicus.com.
Chelsey Seabrook
chelsey@audicus.com
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SOURCE AUDICUS | https://www.whsv.com/prnewswire/2022/08/17/audicus-online-hearing-health-company-founded-mission-providing-affordable-accessible-hearing-aids-says-fda-rule-will-continue-fuel-innovation-space/ | 2022-08-17T19:46:50Z |
TORONTO, Aug. 17, 2022 /PRNewswire/ - SoftwareReviews, a leading source for insights on the software provider landscape, has published its 2022 Communications Platform as a Service Emotional Footprint, naming four providers as Champions.
Communications Platform as a Service (CPaaS) solutions are flexible, API-driven, cloud-based platforms that enable IT to build and customize the engine behind an organization's communications and collaboration infrastructure. Organizations can use CPaaS to quickly embed communications features, such as video or SMS, into core business processes to enhance them. These processes typically include customer service and internal communications, improving customer and employee satisfaction.
To aid organizations searching for the best solution to support their communication strategy, SoftwareReviews has identified the top CPaaS providers for the year based on verified survey data collected from 195 end-user reviews. These providers have received high scores on SoftwareReviews' Emotional Footprint.
The Net Emotional Footprint (NEF) of each software provider is a result of aggregated emotional response ratings across the areas of service, negotiation, product impact, conflict resolution, strategy, and innovation. The NEF is a powerful indicator of overall user sentiment toward the provider and its product from the software user's point of view.
The 2022 Communications Platform as a Service Champions are as follows:
- Avaya OneCloud CPaaS, 99 NEF, ranked high for being effective.
- EnableX Communication APIs, 98 NEF, ranked high for efficiency.
- Bandwidth, 92 NEF, ranked high for being trustworthy.
- Infobip, 93 NEF, ranked high for being respectful.
SoftwareReviews' comprehensive software reviews provide the most accurate and detailed view of a complicated and ever-changing market. The data comes from real end users who use the software day in and day out and IT professionals who have worked with it intimately through procurement, implementation, and maintenance.
To compare and evaluate software providers using the most in-depth and unbiased analyst reports available, visit SoftwareReviews' Communications Platform as a Service dedicated category page.
For more information about SoftwareReviews, the Data Quadrant, or the Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com and connect via LinkedIn, Twitter, and Facebook.
SoftwareReviews is the most in-depth source of buyer data and insights for the enterprise software market. By collecting customer experience data from business and IT professionals, the SoftwareReviews methodology produces detailed and authentic insights into the experience of evaluating and purchasing enterprise software.
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SOURCE SoftwareReviews | https://www.whsv.com/prnewswire/2022/08/17/best-cpaas-tools-deliver-customizable-communications-existing-business-applications-based-user-reviews/ | 2022-08-17T19:46:56Z |
Super Premium Dog Food Brand Develops Treats with Benefits, a Smart Way to Train and Reward
MEDINA, Ohio, Aug. 17, 2022 /PRNewswire/ -- Bil-Jac Super Premium Dog Food is proud to announce the launch of a new line of tasty treats to help support dog health. Bil-Jac Smart-Jacs Dog Treats are functional treats. There are two different treats in the line; one helps support healthy digestion and the other helps nourish skin & coat. Of course, both are great for training and rewarding your dog. The new treats arrived in stores Summer 2022 at PetSmart and on petsmart.com.
New Smart-Jacs Digestive Support Treats are made with oatmeal and blueberries, both of which provide fiber, helping support sensitive stomachs and healthy digestion. Additionally, Digestive Support Treats provide prebiotics to help support a healthy microbiome and gastrointestinal tract. New Smart-Jacs Skin & Coat Support Treats provide a guaranteed amount of linoleic acid, which helps to nourish and replenish skin and coat. This delicious treat is made with real sweet potatoes, a source of fiber that also helps support a healthy microbiome, as healthy digestion and gut health is an important part of overall canine health.
"Bil-Jac Dog Treats are well known for the special things dogs will do to get one. Pet parents are always looking for more ways they can help their dogs eat healthy, stay active, and live longer. This has inspired us to take the amazing taste of Bil-Jac Treats and build in two benefits pet parents want to be sure they are providing," shares Kim Gaebelein, Chief Marketing Officer at Bil-Jac Dog Food. "If you're currently feeding your dog a sensitive food, Smart-Jacs Digestive Support Treats are the perfect treat to pair with it. If you're feeding a food to help your dog's health shine through their skin and coat, our Skin & Coat Support Smart-Jacs are fun and healthy way to support this key need."
Since 1947, Bil-Jac has been committed to high quality, nutritious ingredients in food and in treats. As Bil-Jac continues to innovate and find new ways to improve the health of dogs, they remain dedicated to providing dogs with both exceptional nutrition and a taste they will love.
Bil-Jac, family-owned and operated, stands for 75 years of uncompromising dedication to the highest quality and freshest ingredients available. Offering a full line of Super Premium Dog Foods, Treats, and Health Enhancers, Bil-Jac is committed to nutrition that helps dogs to thrive. Dog food and treats are more than a family business – it's our passion. Bil-Jac.com
Bil-Jac.com
Facebook.com/BilJacDogFood
Instagram.com/BilJacDogFood
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SOURCE Bil-Jac | https://www.whsv.com/prnewswire/2022/08/17/bil-jac-dog-food-introduces-new-smart-jacs-functional-treats/ | 2022-08-17T19:47:03Z |
FRAMINGHAM, Mass. , Aug. 17, 2022 /PRNewswire/ -- Boston Heart Diagnostics, part of the Eurofins network of companies, announces the launch of LipidSeq™, a revolutionary genetic test for cardiovascular disease. This saliva-based NGS test identifies the most common genetic causes of lipid and lipoprotein disorders. These disorders are associated with premature cardiovascular, pancreatic, kidney, and neurological diseases.
When patients have very high levels of low-density lipoprotein cholesterol, triglycerides, or plasma sterols and/or very low levels of high-density lipoprotein cholesterol, there is a likelihood of a genetic mutation. Conditions detected by this 23-gene test include familial forms of hypercholesterolemia, lysosomal acid lipase deficiency, sitosterolemia, cerebrotendinous xanthomatosis, dysbetalipoproteinemia, hypertriglyceridemia, and HDL deficiency states including ApoA-I deficiency, Tangier disease, and LCAT deficiency, as well as other disorders. If there is a genetic basis for the patient's condition, understanding the specific mutation and associated disease can help guide treatment considerations, educate the patient about health risks, and encourage relatives to seek testing to determine if they, too, may be at risk. Boston Heart is the only commercial laboratory able to test biochemical and genetic contributors when diagnosing inherited disorders of lipid metabolism (Reference: Schaefer EJ, Geller AS, Endress G. The biochemical and genetic diagnosis of lipid disorders. Current Opinion in Lipidology 2019; 30:56-62.)
Testing of appropriate patients can be done at any age, which favors early identification and treatment of genetically influenced lipid and lipoprotein disorders. Early diagnosis and precision treatment can save lives, and have a significant clinical impact for practitioners, patients, and their families.
LipidSeq was developed in collaboration with Eurofins laboratory partner Clinical Enterprise, which performs the genetic sequencing, and in consultation with Dr. Robert A. Hegele of Robarts Research Institute in London, Ontario.
Healthcare providers may access this testing for their patients by signing up for an account with Boston Heart. The Boston Heart Customer Care department is available at 877.425.1252 or customercare@bostonheartdx.com.
Boston Heart Diagnostics, a subsidiary of Eurofins Scientific (EUFI.PA), is transforming the treatment of cardiovascular disease and related conditions by providing healthcare providers and their patients with novel, personalized diagnostics and integrated customized lifestyle programs that have the power to change the way clinicians and patients communicate about disease and improve health. For more information on Boston Heart Diagnostics, please visit www.BostonHeartDiagnostics.com
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SOURCE Boston Heart Diagnostics | https://www.whsv.com/prnewswire/2022/08/17/boston-heart-diagnostics-launches-lipidseq-an-ngs-test-common-genetic-disorders-lipid-metabolism/ | 2022-08-17T19:47:09Z |
TORONTO, Aug. 17, 2022 /PRNewswire/ - McLean & Company, the globally trusted partner of HR and business leaders, has released its newest research-driven resource, titled Implement a Buddy System at Work. This data-backed guide is intended to support HR leaders in building a more consistent and effective way to help onboard new employees. With HR facing ongoing challenges like significant turnover and competition in the talent marketplace, a "buddy system" is an easy-to-implement solution that McLean & Company research indicates is effective at helping new employees acclimate to a new organization and role.
Onboarding is often exciting and stressful for both the new employee and the manager, and new hires often need extra support to settle into a new role. McLean & Company's New Hire Survey Database shows employees are 1.8 times more likely to be engaged when their acclimatization experience is positive compared to those who rate their experience lower.
A buddy is different from a mentor or coach. The term "buddy" refers to the internal tenured employee who assists a new employee in settling in with an organization. The buddy acts as a friendly point of contact to help new employees adjust to their roles during the first few months by providing advice, answering questions, and making introductions.
The research indicates that a buddy system provides ongoing support to new hires after their initial orientation without a significant investment in time or resourcing and can alleviate some of HR's pain points with similar programs.
Buddy system programs offer the following merits:
- Easy to implement with minimal coordination
- Senior-level members freed up for more formal interactions
- No specialized training required to be a buddy
- Flexibility in meeting frequency, duration, and location
For employees, buddy systems are valuable and offer such benefits as:
- An enhanced and more personalized onboarding experience
- Prevention of potential isolation when hired ad hoc rather than in large groups
- Help with the adjustment period as new employees become familiar with team processes and organizational culture
- Networking opportunities and identification of key contacts within the organization
- Improved distribution of the time managers traditionally spends on onboarding
McLean & Company explains that although the implementation of the buddy system and the buddy selection process fall under a manager's list of responsibilities, HR can impact uptake and effectiveness by designing the framework and guiding managers on how to integrate it into their onboarding processes. This framework will ensure that a consistent approach is being applied throughout the organization and that all new employees have access to an additional layer of onboarding support.
The complete Implement a Buddy System at Work guide can be downloaded and viewed now.
To learn more about McLean & Company or to download the latest research, visit hr.mcleanco.com and connect via LinkedIn and Twitter.
Through data-driven insights and proven best-practice methodologies, McLean & Company offers comprehensive resources and full-service assessments, action plans, and training to position organizations to meet today's needs and prepare for the future.
McLean & Company is a division of Info-Tech Research Group.
Media professionals can register for unrestricted access to research across IT, HR, and software and over 200 IT and Industry analysts through the ITRG Media Insiders Program. To gain access, contact pr@mcleanco.com.
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SOURCE Mclean & Company | https://www.whsv.com/prnewswire/2022/08/17/buddy-systems-alleviate-hr-pain-points-improve-new-hire-experience-says-hr-research-firm-mclean-amp-company/ | 2022-08-17T19:47:15Z |
Level 1 Children's Surgical Verification recognizes CHOC's commitment to optimal surgical care
ORANGE, Calif., Aug. 17, 2022 /PRNewswire/ -- CHOC Hospital has been granted Level 1 Children's Surgical Verification by the American College of Surgeons (ACS). This notable achievement acknowledges CHOC's steadfast commitment to quality improvement and patient safety efforts for children requiring surgical services. CHOC is the first hospital to earn this distinction in Southern California and one of only four in the state.
To become verified, centers must meet rigorous criteria for staffing, training and facility infrastructure. They must also demonstrate excellent protocols for care to ensure the best possible outcomes for patients undergoing surgery, as well as participate in a national data registry that yields semiannual reports on the quality of its processes and outcomes. The application process for verification is followed by an extensive site visit by an ACS team of surveyors that include experienced pediatric surgeons, anesthesiologists, and nurses.
ACS established the Children's Surgery Verification Quality Improvement Program to improve the quality of children's surgical care by creating a system that allows for a prospective match of every child's individual surgical needs with a care environment that has optimal pediatric resources. The program is based on other nationally recognized ACS quality improvement programs that have measurably improved surgical quality.
"When a child needs a surgery, that child's needs are very different than those of an adult patient needing the same or similar procedure," said CHOC Senior Vice President, Medical Affairs and Chief Medical Officer Dr. Sandip Godambe. "Our nationally recognized surgeons perform the latest procedures, using equipment that is customized to pediatric patients all the way from newborns to young adults—in operating and procedure rooms designed for safety, precision and efficiency."
The Tidwell Procedure Center at CHOC features seven operating rooms and advanced technology and information systems including the daVinci Si robotic surgical system with Firefly fluorescence imaging; full operating room data, imaging and video integration and video conferencing; the ROSA robotic device for neurological procedures; StealthStation surgical navigation and O-arm imaging technology; and a patient tracking system that allows families to track a patient's progress throughout the surgical procedure. Using the technology integration system iSuite by Stryker, CHOC was the first children's hospital in the region to have a fully integrated operating room.
The center also features three state-of-the-art endoscopy procedure rooms, two surgical procedure rooms and a Gastrointestinal Motility Lab. The center provides procedural care for patients of multiple specialties such as gastroenterology, pulmonology, oncology, dentistry and other surgical specialties. An 18-bed pre-operative unit includes all private rooms, and an 18-bed post-anesthesia care unit is configured to meet the unique needs of a wide variety of patients. Two isolation rooms are available for patients with contagious conditions, and other glass-enclosed rooms are for critical care patients who require specialized technology and ventilators.
Also featured is a cardiac catheterization lab—a biplane lab with hybrid capabilities—where invasive and neuroradiology procedures are offered as well. The center also includes a dedicated electrophysiology suite for patients with abnormal heart rhythms, offering both radiofrequency ablation and cryoablation, as well as 3D mapping.
CHOC Hospital is part of a pediatric healthcare system based in Orange County, California that is committed to being a leading destination for children's health by providing exceptional and innovative care. The growing healthcare system includes two state-of-the-art hospitals in Orange and Mission Viejo and a regional network of primary and specialty care clinics serving children and families in four counties. CHOC offers several clinical programs of excellence providing the highest levels of care for the most serious pediatric illnesses and injuries, physical and mental. CHOC's research and innovation institutes are focused on translating real patient needs into real-world treatments so every child can live the healthiest and happiest life possible.
MEDIA CONTACT: pr@choc.org
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SOURCE CHOC | https://www.whsv.com/prnewswire/2022/08/17/choc-hospital-is-first-southern-california-earn-national-verification-american-college-surgeons/ | 2022-08-17T19:47:22Z |
- Company completes new battery storage sites in Alachua and Hamilton counties to maximize benefits to customers and the grid
- New sites demonstrate Duke Energy's increasing investment in advanced technology and clean energy
ST. PETERSBURG, Fla., Aug. 17, 2022 /PRNewswire/ -- Duke Energy Florida today announced two new lithium-ion battery sites in Alachua and Hamilton counties to enhance grid operations, increase efficiencies and improve overall reliability for surrounding communities.
"At Duke Energy, we are always looking ahead for innovative technologies that can help us better serve Florida customers," said Melissa Seixas, Duke Energy Florida state president. "These battery sites will help us continue to improve local reliability for our customers and provide significant energy services to the power grid."
As the grid manager and operator, Duke Energy Florida can optimize the versatility of battery technology to provide multiple customer and electric system benefits, to include balancing energy demand, managing intermittent resources such as solar energy, increasing energy security and deferring traditional power grid upgrades.
- The recently completed Micanopy battery site in Alachua County is 8.25 megawatts and is located 15 miles southwest of Gainesville. The site provides a cost-effective solution for focused power quality and reliability for the town of Micanopy and nearby neighbors.
- Completed in April, the second site is 5.5 megawatts and is located 1.5 miles south of the Florida-Georgia border in the town of Jennings in Hamilton County. This site will continue to improve power reliability through energy storage as an alternative solution to installing new and more costly distribution equipment.
Duke Energy Florida's continued investment in battery technology reflects the company's belief that energy storage plays a significant and evolving role in how energy is delivered to customers now and in the future.
Earlier this year, Duke Energy Florida announced the completion of three battery projects in Gilchrist, Gulf and Highlands counties. The new sites are part of Duke Energy's commitment to have six battery sites, totaling 50 megawatts, in operation in Florida this year.
Duke Energy Florida's commitment to renewable energy
With a combined investment of more than $2 billion, Duke Energy Florida's solar generation portfolio will include 25 grid-tied solar power plants that will benefit all Florida customers and provide 1,500 megawatts of emission-free generation and approximately 5 million solar panels in the ground by 2024.
Duke Energy remains committed to the deployment of battery technology in Florida. A 3.5-megawatt solar plus storage microgrid site will be added at Pinellas County's John Hopkins Middle School. The microgrid will support grid operations and provide backup electric power to the school when it must operate as a special needs hurricane evacuation shelter. The microgrid consists of a 1-megawatt solar parking canopy array, a 2.5-megawatt battery and associated controls, which will store and deploy clean, renewable energy to the school and grid. The project enhances electric service and grid operations for customers.
In addition to expanding its battery storage technology and solar investments, Duke Energy Florida is investing in transportation electrification to support the growing U.S. adoption of electric vehicles (EV) through the addition of 627 EV charging stations, including 52 DC Fast Chargers, and a modernized power grid to deliver diverse and reliable energy solutions to best serve our customers.
Duke Energy Florida
Duke Energy Florida, a subsidiary of Duke Energy, owns 10,300 megawatts of energy capacity, supplying electricity to 1.9 million residential, commercial and industrial customers across a 13,000-square-mile service area in Florida.
Duke Energy (NYSE: DUK), a Fortune 150 company headquartered in Charlotte, N.C., is one of America's largest energy holding companies. Its electric utilities serve 8.2 million customers in North Carolina, South Carolina, Florida, Indiana, Ohio and Kentucky, and collectively own 50,000 megawatts of energy capacity. Its natural gas unit serves 1.6 million customers in North Carolina, South Carolina, Tennessee, Ohio and Kentucky. The company employs 28,000 people.
Duke Energy is executing an aggressive clean energy transition to achieve its goals of net-zero methane emissions from its natural gas business and at least a 50% carbon reduction from electric generation by 2030 and net-zero carbon emissions by 2050. The 2050 net-zero goals also include Scope 2 and certain Scope 3 emissions. In addition, the company is investing in major electric grid enhancements and energy storage, and exploring zero-emission power generation technologies such as hydrogen and advanced nuclear.
Duke Energy was named to Fortune's 2022 "World's Most Admired Companies" list and Forbes' "America's Best Employers" list. More information is available at duke-energy.com. The Duke Energy News Center contains news releases, fact sheets, photos and videos. Duke Energy's illumination features stories about people, innovations, community topics and environmental issues. Follow Duke Energy on Twitter, LinkedIn, Instagram and Facebook.
Media contact: Audrey Stasko
Cell: 315.877.3031
Media line: 800.559.3853
Twitter: @DE_AudreyS
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SOURCE Duke Energy | https://www.whsv.com/prnewswire/2022/08/17/duke-energy-supports-reliability-grid-operations-with-two-new-lithium-ion-battery-sites-florida/ | 2022-08-17T19:47:28Z |
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- Today, Inc. revealed that EOS Worldwide is included on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America.
The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment – its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
"It's the 15th anniversary of Traction, the best-selling book by our founder, Gino Wickman," said EOS Worldwide Visionary & CEO Mark O'Donnell. "And in this milestone year, we are delighted as a first-time applicant to be named a top-growing company in America by Inc."
The companies on the 2022 Inc. 5000 not only have been successful but also have demonstrated resilience amid supply chain woes, labor shortages, and the ongoing impact of COVID-19. Among the top 500, the average three-year revenue growth rate soared to 2,144 percent. Together, those companies added more than 68,394 jobs over the past three years.
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine, which will be available on August 23.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor in chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
Kelly Knight, EOS Worldwide Integrator & President said, "Our big year continues with the upcoming launch of EOS One™, an all-in-one digital platform for tools, resources, and support for entrepreneurial organizations on their journey to EOS Mastery. EOS One also supports EOS Implementers with practice management and will continue to evolve as a critical training resource for the entire EOS Community. We are laser focused as an entrepreneurial business ourselves in providing exclusive resources and tools to entrepreneurs worldwide so they get everything they want from their business."
Named to the 2022 Inc. 5000 as one of America's fastest-growing companies, EOS Worldwide has helped thousands of entrepreneurs all over the globe get everything they want from their businesses. The EOS Model offers a proven system of simple and practical tools used by entrepreneurial leaders of companies with 10–250 employees to clarify, simplify, and achieve their visions for business success.
More than 500 EOS Implementers around the world help entrepreneurial leaders achieve companywide alignment on their vision, gain real traction against that vision, and create healthy teams and culture through masterful EOS implementation. The 5 EOS core values are: Be Humbly Confident, Grow or Die, Help First, Do the Right Thing, and Do What We Say. For more information about EOS, visit eosworldwide.com
Companies on the 2022 Inc. 5000 are ranked according to percentage revenue growth from 2018 to 2021. To qualify, companies must have been founded and generating revenue by March 31, 2018. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2021. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2018 is $100,000; the minimum for 2021 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to four decimal places. The top 500 companies on the Inc. 5000 are featured in Inc. magazine's September issue. The entire Inc. 5000 can be found at http://www.inc.com/inc5000.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference & Gala is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
For more information on the Inc. 5000 Conference & Gala, visit http://conference.inc.com/.
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SOURCE EOS Worldwide | https://www.whsv.com/prnewswire/2022/08/17/eos-worldwide-makes-debut-inc-5000/ | 2022-08-17T19:47:34Z |
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- Epiphany Systems, the Exposure Management company, rolled out the new "Decision Intelligence Center" feature. This new capability of the Epiphany Intelligence Platform provides valuable insight and enables customers to more efficiently and effectively address vulnerabilities in their environment.
The Decision Intelligence Center provides the full context and potential impact of vulnerabilities in the environment to empower security teams to effectively address issues to minimize exposure. The Decision Intelligence Center addresses crucial questions like whether the vulnerability is being actively targeted by threat actors, or whether there is an attack path that could allow a threat actor to compromise a critical system.
"Organizations need to shift the way they think about security. Rather than answering 'Are we vulnerable to this?' they need to understand 'Is this exploitable and what would the impact be?'. That is what we are solving with the Decision Intelligence Center," explained Rob Bathurst, co-founder and CTO of Epiphany Systems.
This new capability provides crucial insight to understand everything security teams need to know about a vulnerability to make effective decisions. Delivering all necessary context in one place on if a vulnerability is exploitable or being actively targeted, how many affected devices are part of attack paths, CVSS scores, and other details provides the information needed to effectively address the issues that matter most.
"Security teams are stretched thin and need actionable intelligence that helps them manage their exposure efficiently," said Dan Singer, co-founder and CEO of Epiphany Systems. "We are giving customers the full context of not only the adversary's view and how exploitable a given vulnerability could be in terms of causing an impact, but also the business perspective of why they should care about a specific vulnerability on a given system."
The Decision Intelligence Center capability is available now for Epiphany Intelligence Platform customers. Visit our website to learn more about the Epiphany Intelligence Platform and the Decision Intelligence Center.
Epiphany Systems is the Exposure Management company, enabling customers to minimize exposure to material risk. The Epiphany Intelligence Platform harnesses the power of existing infrastructure and security tools to automatically and continuously determine the most likely attack paths and proactively defend against the most critical threats. Epiphany helps customers know the possible, detect the exploitable, prioritize the exposure, and prevent the material impact.
Tony Bradley
281-904-0591
tony.bradley@epiphanysys.com
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SOURCE Epiphany Systems | https://www.whsv.com/prnewswire/2022/08/17/epiphany-delivers-essential-vulnerability-context-with-new-decision-intelligence-center-feature/ | 2022-08-17T19:47:41Z |
Statewide health plan recognizes important role health centers play in health equity
LONG ISLAND CITY, N.Y., Aug. 17, 2022 /PRNewswire/ -- During National Health Center Week observed recently, Fidelis Care, a New York State health plan with more than 2.5 million members, proudly recognized Federally Qualified Health Centers (FQHCs) and the vital work they do throughout the year. National Health Center Week is an annual celebration to raise awareness about the mission and accomplishments of FQHCs, which are dedicated to promoting health equity, improving health outcomes, and supporting vulnerable populations in underserved communities.
As the largest Medicaid Managed Care plan in the state, Fidelis Care serves more than 1.7 million Medicaid members, with a significant population receiving services from local health centers.
"Federally Qualified Health Centers provide preventive and primary care to thousands of New Yorkers in underserved communities, and are central to advancing the Fidelis Care mission of transforming the health of the community one person at a time," said Chief Medical Officer Vincent Marchello, MD. "Health centers are on the front lines of the health care system and play an important role in addressing issues related to the social determinants of health such as food insecurity and housing instability. We are grateful for their partnership and the outstanding commitment of each health center's providers and staff."
Fidelis Care's provider network includes more than 75 Federally Qualified Health Centers. Here are just a few highlights of Fidelis Care's ongoing partnership with local health centers:
Charles B. Wang Community Health Center provides high-quality, affordable primary care services to all at five convenient locations in Lower Manhattan and Queens regardless of their ability to pay, the language they speak, or their immigration history. Fidelis Care and CBWCHC partner together on community events to educate new immigrants about the importance of preventative and routine health care.
Community Health Center of Buffalo, Inc.: CHCB operates patient centers across Western New York in Erie and Niagara counties, in addition to a Mobile Healthcare Unit. Fidelis Care has partnered with Community Health Center of Buffalo on many community events, promoting wellness and addressing health disparities.
RefuahHealth has been a community cornerstone for 29 years, providing comprehensive medical, dental, and mental health care to residents of the lower Hudson Valley. Fidelis Care partners with RefuahHealth on an ongoing basis to narrow health disparities and reduce social, economic, and cultural barriers to care.
Ryan Health: The staff of Ryan Health work tirelessly to deliver exceptional primary care and specialty services to vulnerable New Yorkers, helping them to be healthy while improving the wellbeing of whole communities. Fidelis Care works with Ryan Health on key community events, including honoring the vital role of health care professionals.
Added Ryan Health President and CEO Brian McIndoe, MPH: "We are grateful to Fidelis Care for their collaboration and support to further the mission of both organizations to ensure access to high-quality healthcare for those who need it the most."
Fidelis Care is a subsidiary of Centene Corporation, a proud sponsor of National Health Center Week. For more information click here.
About Fidelis Care Fidelis Care is a mission-driven health plan offering quality, affordable coverage for children and adults of all ages and at all stages of life. With more than 2.5 million members statewide, Fidelis Care believes that all New Yorkers should have access to affordable, quality health insurance. Follow us on LinkedIn at linkedin.com/company/fidelis-care, on Twitter at @fideliscare, Instagram at @fideliscare, and on Facebook at facebook.com/fideliscare. For more information, call Fidelis Care at 1-888-FIDELIS (1-888-343-3547) or visit fideliscare.org.
Contact: mediainquiries@fideliscare.org
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SOURCE Fidelis Care | https://www.whsv.com/prnewswire/2022/08/17/fidelis-care-celebrates-national-health-center-week/ | 2022-08-17T19:47:48Z |
SAN JOSE, Calif., Aug. 17, 2022 /PRNewswire/ -- Gameflip is excited to announce their collaboration with Polygon Studios to bring immersive and engaging Web3 games onto the Polygon Ecosystem. This combines Gameflip's industry-leading platform with Polygon's layer-2 scaling infrastructure to build a new, borderless economy for gamers.
"At Gameflip, we strive to make blockchain technology accessible for game developers of all sizes, enabling them to onboard their games and users onto the blockchain frictionlessly. We're thrilled to collaborate with Polygon to bring in scalable, interoperable, and secured solutions to help game developers thrive." said JT Nguyen, CEO of Gameflip.
Gameflip is enabling game developers to quickly bring their games to Web3 with playable, earnable, and transactable NFTs on the blockchains, specifically for the Polygon Network. Game developers can integrate with Gameflip APIs to seamlessly onboard mainstream players and enable them to access NFTs, wallets, store, marketplace, and other services without the complexity of a blockchain wallet.
Developers can integrate via secure, simple, and authenticated REST API calls to reliably perform functions such as minting and selling of NFTs, listing on marketplace, and access to wallet and account management. Gameflip made it easy for developers by removing the complexities of scaling and ensuring consistency with the blockchain so they can focus on making the best game possible for their users. Players can quickly register and play the game immediately after download without setting up a traditional blockchain wallet.
Gameflip is led by veterans in the technology and gaming industries, enabling safe marketplace transactions across all gaming digital goods and assets including NFTs, digital collectibles, and in-game items. Proven to be secure and scalable, Gameflip is trusted by over 6 million gamers who have safely transacted $140M in sales.
Polygon is the world's first well-structured, simple-to-use Ethereum scaling and infrastructure development platform. Polygon SDK is its main component, a modular, versatile framework for creating and linking Secured Chains such as Plasma, Optimistic Rollups, zkRollups, Validium, and others, as well as Standalone Chains such as Polygon POS, which are built for flexibility and independence. Polygon's scalability solutions have been used by over 450 Dapps, 350 million transactions, and 13.5 million unique users.
Website | Twitter | Ecosystem Twitter | Studios Twitter | Reddit | Telegram
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SOURCE Gameflip | https://www.whsv.com/prnewswire/2022/08/17/gameflip-teams-up-with-polygon-studios-make-blockchain-accessible-game-developers-all-sizes/ | 2022-08-17T19:47:54Z |
American Nurses Credentialing Center Accreditation Demonstrates a Commitment to Delivering High-Quality Continuing Nursing Professional Development
PITTSFORD, N.Y., Aug. 17, 2022 /PRNewswire/ -- This summer, the Golisano Institute for Developmental Disability Nursing at St. John Fisher University's Wegmans School of Nursing earned accreditation for nursing continuing professional development from the American Nurses Credentialing Center (ANCC). The work of the Golisano Institute, including the accreditation process, is made possible with support from the Golisano Foundation.
This accreditation demonstrates the Golisano Institute's commitment to using evidence-based criteria when developing high-quality educational activities that promote the professional growth of nurses. With the accreditation, the Institute joins an influential global community of accredited organizations.
"The ability to offer continuing education credits will have a transformative impact on the reach of the Golisano Institute," said Executive Director Dr. Dianne Cooney Miner. Although the number of hours required varies by state, nurses are required to continue their education in order to maintain their professional certifications. The Institute's continuing education program will offer nurses across the country an opportunity to engage in high-impact, evidence-based learning activities focused on intellectual and developmental disability (IDD) health care for an interprofessional health care workforce.
"By becoming an ANCC-accredited continuing education provider, the Institute is now able to offer critical content focused on the care of individuals with IDD while helping nurses maintain their professional credentials," Cooney Miner explained.
NCPD accreditation from ANCC elevates educational offerings that benefit nurses, and the patients and communities they serve by enhancing the professional nursing practice and improving curricula to reflect an evidence-based education for nurses, among other aspects.
Through this work, the Institute will also help meet the increasing demand for continuing professional development contact hours that are essential to building professional portfolios, and maintaining certification and accreditation from ANCC as well as other licensing boards and regulatory bodies.
To learn more about St. John Fisher University, visit, www.sjf.edu.
St. John Fisher University is a liberal arts institution that provides a transformative education to approximately 3,800 undergraduate, master's, and doctoral students each year. Across its five Schools, Fisher offers nearly 40 majors in the humanities, social sciences, natural sciences, business, education, and nursing; 11 pre-professional programs; and master's and doctoral programs in business, nursing, education, pharmacy, and public health. Located just beyond Rochester, New York, the University's residential campus boasts a robust living and learning community and a successful intercollegiate athletics program.
An independent institution today, the University was founded by the Congregation of St. Basil in 1948 and remains true to its Catholic tradition. As Fisher moves forward into the next 75 years, it celebrates its Basilian heritage by embracing their motto, "Teach Me Goodness, Discipline, and Knowledge."
The Golisano Institute for Developmental Disability Nursing, made possible with support from the Golisano Foundation, was established in 2018 to generate an international cadre of health care professionals prepared with the knowledge, professional skills, and competencies to effectively support people with Intellectual and Developmental Disabilities (IDD) throughout the lifespan and across settings.
Housed in the Wegmans School of Nursing at St. John Fisher University, the Institute is the first of its kind in the United States and is designed to transform the health care and support of people with IDD through the integration of specialized curriculum into nursing undergraduate, graduate, and professional education. It also works to coordinate and strengthen nursing thought leadership, to foster the creation of a collaborative system of centers of excellence in IDD care, to strengthen expert practice, and to advocate for social justice to improve the quality of life and health outcomes for the IDD population.
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SOURCE St. John Fisher University | https://www.whsv.com/prnewswire/2022/08/17/golisano-institute-developmental-disability-nursing-achieves-accreditation-nursing-continuing-professional-development/ | 2022-08-17T19:48:01Z |
Grants to Miami Dade College and Broward College will be used to fund enrollment, retention, student success programs and initiatives to help connect graduates to healthcare jobs
MIAMI, Aug. 17, 2022 /PRNewswire/ -- As the nationwide nursing shortage persists, the Health Foundation of South Florida, the region's largest philanthropic organization focused on achieving health equity in underserved communities, announced a $1 million investment to fund expanded enrollment, scholarships and other support services for nursing and health sciences students at two local public colleges—Miami Dade College and Broward College.
With the funding, the Health Foundation not only seeks to bolster South Florida's nursing and allied healthcare workforce (which includes medical assistants and techs as well as licensed practical nurses, for example) but also increase access to well-paying, in-demand jobs for students from the region's underserved, Black and Hispanic communities.
"We understand there are no quick or simple solutions to our region's shortage of nursing and healthcare workers. But we also believe the crisis presents an opportunity for us to help pave the way to good, steady, well-paying jobs for more people in our community," said Loreen Chant, CEO of the Health Foundation of South Florida. "We care about this deeply because we know that improving the health and well-being of our region is impossible without making economic opportunity and mobility more accessible."
The grants will be used by both colleges to attract more minority, first-generation and low-income students to their respective health sciences and nursing programs. They will offer scholarships and create retention and support initiatives to help ensure the students graduate successfully and are ultimately connected to health system jobs. Many students who enroll face significant challenges, such as family responsibilities, financial obligations and other structural or motivational barriers that often impede them from completing certificate or degree programs.
Miami Dade College—which received a $500,000 grant from the Health Foundation that was matched by an additional $500,000 from the Mitchell Wolfson Family Foundation—will use the funds to expand its recently launched certification program for licensed practical nurses, or LPN's. In addition, they will use the grant to increase the number of students earning two-year Associate Degrees in nursing and to provide scholarships, extra academic prep classes and workshops for students in need.
Broward College, which also received a $500,000 grant, will use the funds to launch an initiative to support health sciences students who have unmet personal and economic needs. The college plans to hire two full-time "retention specialists" whose jobs it will be help vulnerable students access the support they need so they can graduate successfully. The school also plans to leverage the Health Foundation's grant to secure an additional $700,000 to fund the efforts.
Helping more nursing and health sciences students graduate has never been more urgent. A recent report by the Florida Hospital Association and Safety Net Hospital Alliance of Florida identified just how steep the healthcare workforce shortage is. By 2023, the report projects there will be about 244,000 registered nurses across the state of Florida—but the state will actually need 268,000. And by 2035, that gap is expected to widen, with a need for 323,000 and only 286,000 projected to be available.
By focusing on students from underserved, minority communities, the funding can also pave the way for them to access economic prosperity, which is linked to good health, life expectancy and overall quality of life.
In addition, such initiatives can contribute to making the region's healthcare workforce pipeline more diverse and reflective of South Florida's communities. Studies have shown nurses and other health professionals from different racial and ethnic backgrounds help to increase trust in the entire medical system, encouraging more people to utilize healthcare resources and improving access to care and positive health outcomes in vulnerable populations.
"We are happy to partner with the Health Foundation of South Florida to serve underserved and underrepresented populations in South Florida," said Bryan Stewart, Miami Dade College, Medical Campus President. "This grant will allow us to support students beginning their careers in health programs as well our current nursing students, and it will help us create boot camps for new students. I believe this is an innovative and extremely important partnership."
"This is a pivotal time when our community needs healthcare workers the most and it is also a time when our students face the most personal obstacles in completing degrees in health sciences," said Sara Turpel, Dean and Nursing Administrator for Nursing at Broward College. "This gift from the Health Foundation of South Florida will positively impact students through increased educational attainment and have a direct impact on the health of the community."
The Health Foundation's $1 million investment falls under one of its key strategic goals: to help foster a thriving community by improving the social and economic conditions that promote physical, mental and emotional well-being. It is also part of the Foundation's work with the South Florida Anchor Alliance, a collaborative of 19 regional institutions—including various healthcare systems—that have banded together with a mission to create a more inclusive South Florida economy through collective workforce development and procurement efforts.
The mission of Health Foundation of South Florida is to invest in and be a catalyst for collaborations and policy and systems changes that improve the health of South Florida communities, with a focus on vulnerable, low to moderate-income populations. Established in 1993, the foundation has awarded more than $138 million to nonprofits that provide programs and services in Broward, Miami-Dade and Monroe Counties. For more information, visit www.hfsf.org.
More than 50 years ago, Miami Dade College created a nursing program to meet the rapidly growing need for registered nurses in Miami-Dade County. Today, the school has graduated nearly 20,000 nurses. Alumni of the Benjamin León School of Nursing are working in every hospital and most of the outpatient facilities in the region and represent a large percentage of Hispanic nurses nationally. Many have gone on to receive BSN, MSN, DNP and/or PhD degrees. Several of the 69 current faculty members are also proud graduates of the program. The school is proud to offer full-time, part-time and online opportunities both for students who aspire to be registered nurses and for RNs who wish to earn a BSN. Proud of its diverse faculty and students, the school excels at helping students achieve their dreams. Learn more at https://www.mdc.edu/nursing.
Serving more than 63,000 students annually, Broward College provides residents with certificate programs, two-year university-transfer degrees, two-year career degrees and baccalaureate degrees in selected programs. The mission of the College is to provide high-quality educational programs and services that are affordable and accessible to a diverse community of learners. For more information, visit www.broward.edu.
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SOURCE Health Foundation of South Florida | https://www.whsv.com/prnewswire/2022/08/17/heath-foundation-south-florida-invests-1-million-address-regions-nursing-healthcare-workforce-shortage/ | 2022-08-17T19:48:08Z |
Brian Kotlyar joins Hightouch as VP Marketing and Growth to help marketers everywhere fix their customer data challenges
SAN FRANCISCO, Aug. 17, 2022 /PRNewswire/ -- Hightouch, the Data Activation platform for businesses with modern data warehouses, today announced two major milestones: the company tripled revenue in the first half of 2022 and added veteran software industry leader Brian Kotlyar to further accelerate growth.
Fortune 500 companies have been investing in their data warehouses and data tools for years, but are struggling to unlock value for their business teams. Hightouch helps more than 1,000 companies move the data from their warehouse to more than 100 SaaS applications automatically and without engineering. Despite signs of a broader economic slowdown, adoption of Hightouch continues to accelerate due to the platform's simple implementation and time to value, its ability to displace expensive legacy tools, and the value it creates for non-technical teams by activating customer data otherwise locked in the warehouse.
"People are waking up to the fact that they don't need custom integrations or months long implementations to activate their data. If they have a data warehouse and Hightouch, then every single person in the company can take action on their data— with the blessing of their data team, and without complicated engineering heavy roll-outs. It's a no-brainer." Kashish Gupta, Co-CEO of Hightouch
Brian Kotlyar, formerly of New Relic, Intercom, and Sprinklr joins the company to lead Marketing and Growth. He brings a track record of helping create billions of dollars in enterprise value at the fastest growing software businesses in the world, most recently helping New Relic triple its growth rate after 6 quarters of decline.
"The time for Data Activation is right now. I've spent almost 20 years trying to solve the exact problems that Hightouch was invented to address—and I'm not alone. Thousands of companies have adopted the modern data warehouse, but still struggle to unlock value for their marketing, sales, success, finance, and operations teams. Honestly, Hightouch empowers business teams so effectively it should probably cost ten times more than it does. As a buyer, it feels like you're getting away with something." - Brian Kotlyar, VP Marketing and Growth of Hightouch
Every business team needs relevant, consistent, and fresh customer data synced to the SaaS tools they use daily to interact with customers. Hightouch is the easiest way to bring data into those tools, all without tedious set-up or specialized engineering help.
In addition to these milestones, in the first half of 2022, Hightouch launched dozens of new platform features, integrations, and destinations, further bolstering its position as a leader in the Data Activation industry:
- Traits: Create calculated fields to supercharge personalization campaigns…no code required
- Sync logs: Log sync data back to the warehouse to dig deeper with the full flexibility of SQL
- Live debugger: Troubleshoot sync issues with complete visibility into errors
- Hightouch Notify: Get notified of important customer events directly in your messaging tools
- dbt exposures: Get end-to-end visibility for how data is flowing between dbt and Hightouch
- Advanced user permissions: Enforce platform governance with granular role- and label-based controls
- Datadog integration: Configure customized sync alerts with Datadog
- Dagster integration: Orchestrate Hightouch syncs from a single operational pane of glass
- Auto-mapping: Map to destination fields faster with smart suggestions
- Snowflake Partner Connect: Launch Hightouch directly from Snowflake
- Databricks Partner Connect: Launch Hightouch directly from Databricks
- Leading the industry in native destinations: Sync data to over 100 SaaS tools that business teams rely on
Visit: http://www.hightouch.com to learn more or sign up for a free trial.
Founded by early employees of Segment, Hightouch is the world's leading Data Activation platform, which syncs data from data warehouses to over 100 SaaS tools. Hightouch was founded on the notion that every business team—sales, marketing, support, success—needs relevant, accurate, and real-time customer data in the software they use to talk to customers including CRM, email, and support platforms. With data warehouses as the hub for customer data, Hightouch has pioneered the concept of Reverse ETL, which is the easiest way to get data out of data warehouses and into those customer-facing operational systems. Hightouch is based in San Francisco and backed by leading investors such as ICONIQ Growth, Amplify Partners, Bain Capital Ventures, Y-Combinator, and Afore Capital. For more information, visit www.hightouch.com.
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SOURCE Hightouch | https://www.whsv.com/prnewswire/2022/08/17/hightouch-triples-revenue-first-half-2022-adds-veteran-leadership-accelerate-data-activation-adoption/ | 2022-08-17T19:48:15Z |
Passage of this legislation will have a transformative impact on the electrochromic glass industry
FARIBAULT, Minn., Aug. 17, 2022 /PRNewswire/ -- President Biden signed into law the Inflation Reduction Act, which includes numerous provisions to help decarbonize the US economy, including the addition of a new tax credit for dynamic glass. The bill added electrochromic glass to Section 48 of the Internal Revenue Code, commonly referred to as the Investment Tax Credit (ITC). The credit can cover up to 30% of the costs associated with dynamic glass, moving it towards cost parity with traditional glazing and shading solutions.
The passage of this bill is both a recognition of the decarbonization potential of electrochromic glass as well as the importance of the tax code as a market driver for newer technologies. "The ITC has a long track record of stimulating increased investment in renewable energy sources such as wind and solar. We applaud Congress and the Biden Administration for recognizing the importance of dynamic glass as a tool to combat climate change, while simultaneously improving the health and well-being of building occupants," said Michael Lane, VP of Sales for SageGlass. "This is a true game changer for the industry," Lane continues. "Dynamic Glass has proven itself for years in larger and larger applications, but first cost has remained an obstacle to large-scale adoption. This tax credit can go a long way towards making the technology more accessible."
The bill also contained additional changes for the Investment Tax Credit (ITC) which has a direct bearing on dynamic glass, including provisions for direct pay and credit transfer mechanisms. These new tools potentially enable certain tax-exempt entities to benefit from the credit [1]. "There are lots of important details related to credits like this and we look forward to consulting with our customers to help them understand the nuances of these changes," said Lane.
SageGlass is the global leader in electrochromic glass and is transforming the human experience in the built environment. With this smart technology, dynamic glass tints and clears automatically to optimize daylight and regulate temperature — all while maintaining unobstructed views of the outdoors.
With SageGlass, building occupants comfortably experience the biophilic benefits of the outdoors, including stress reduction, enhanced creativity, and greater wellbeing. Architects choose SageGlass to solve solar control challenges elegantly without sacrificing aesthetics. And SageGlass can help building owners use less energy and achieve sustainability and wellness certifications. The SageGlass Symphony® control system can be integrated into smart, connected building systems.
SageGlass holds more than 1,300 patents and counting. And as a wholly owned subsidiary of Saint-Gobain, SageGlass is backed by more than 350 years of building science expertise that only the world leader in sustainable environments can provide.
Worldwide leader in light and sustainable construction, Saint-Gobain designs, manufactures, and distributes materials and services for the construction and industrial markets. Its integrated solutions for the renovation of public and private buildings, light construction, and the decarbonization of construction and industry are developed through a continuous innovation process and provide sustainability and performance. The group's commitment is guided by its purpose, "MAKING THE WORLD A BETTER HOME."
€44.2 billion in sales in 2021
More than 166,000 employees, located in 70 countries
Committed to achieving Carbon Neutrality by 2050
For more details on Saint-Gobain, visit http://www.saint-gobain.com and follow us on Twitter @saintgobain.
[1] https://www.natlawreview.com/article/inflation-reduction-act-key-provisions-regarding-itc-and-ptc
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SOURCE SageGlass | https://www.whsv.com/prnewswire/2022/08/17/inflation-reduction-act-adds-dynamic-glass-investment-tax-credit/ | 2022-08-17T19:48:23Z |
Tech-Enabled Recruitment Process Reduces Time and Cost to Source Quality Candidates
LEHI, Utah, Aug. 17, 2022 /PRNewswire/ -- IsoTalent announces closing a $5 million seed round to launch its global, on-demand hiring marketplace. The investment round was co-led by Crocker Ventures and Ad Ventures, and included Sweater Ventures and several high-profile angel investors.
With this new funding, IsoTalent aims to expand its tech-enabled global hiring marketplace: on-demand recruiter services, an international hiring division (IsoGlobal) and a free applicant tracking system (IsoConnect ATS).
"IsoTalent has built a global hiring marketplace that allows any company, regardless of size, to recruit and hire an employee anywhere in the world." says Paul Ahlstrom, CEO and co-founder of IsoTalent. "We level the playing field for small and medium companies by connecting jobseekers, recruiters, and hiring managers. The legacy industry needs a hard reset to keep up with global demand, solve talent shortages, and weather the economy. Our model provides businesses with competitive pricing, tech, and scalable solutions for teams."
COO and co-founder, Robb Lifferth, explains, "Business leaders are retooling hiring strategy in response to the 'Great Resignation' and economic upheavals to come. IsoTalent has the tools and expertise to become the integrated recruitment solution for businesses of any scope and size to hire at scale."
IsoTalent's new marketplace offers three innovations to meet hiring needs of high-growth businesses:
- Commission-free recruiting. IsoTalent puts an army of recruiters to work for you in an innovative and cost-effective model, saving clients thousands of dollars compared to the traditional contingent-fee recruiting model.
- Global employer of record (EOR). IsoTalent can recruit candidates anywhere in the world, then legally employ on a business's behalf through the EOR.
- Free Applicant tracking system (ATS). A free ATS hiring platform available to all businesses, IsoConnect is the center of IsoTalent's hiring marketplace. The platform powers the hiring process and allows companies to manage account activities and communicate with recruiters.
"We serve clients at any phase of hiring strategy," says Austin Miller, CRO and co-founder. "Our on-demand model gives business leaders access to a free product, builds their recruiting, and expands local and global search, all while reducing costs."
If you'd like more information on IsoTalent's global hiring and recruitment solutions, please visit www.isotalent.com
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SOURCE IsoTalent | https://www.whsv.com/prnewswire/2022/08/17/isotalent-raises-seed-round-launch-global-hiring-marketplace/ | 2022-08-17T19:48:29Z |
CHANDLER, Ariz., Aug. 17, 2022 /PRNewswire/ -- Keap, the leader in sales and marketing automation software for small business entrepreneurs, today announced it was named to the Constellation ShortList™ for B2B Marketing Automation for Small and Midsize Business for Q3 2022. The technology companies included in this program deliver critical transformation initiative requirements for early adopters and fast-follower organizations.
"Small businesses face many challenges, from competing with larger companies to trying to stay focused with all the unknowns that come with starting and running a business," said Clate Mask, CEO at Keap. "Earning a spot on the 2022 Constellation Shortlist™ is an honor and validates we're living up to our mission: to empower small businesses entrepreneurs to grow their businesses using the game-changing power of sales and marketing automation."
For more than 20 years, Keap has been a leader in the market as the pioneer of CRM and marketing automation software for small businesses. Keap currently serves more than 200,000 entrepreneurs and small businesses. Keap does so with manageable marketing and sales technology with automation for email and text marketing and sales tools such as lead and pipeline management to contact segmentation.
"Organizations must reconsider how they balance business models, work/life priorities, and new market conditions during the uncertain climate of the Great Refactoring," said R "Ray" Wang, chairman and founder at Constellation Research. "Constellation's ShortLists reflect the top vendors that matter most to our network of buy-side clients. We publish ShortLists to expedite the decision-making process for leaders making critical vendor selections, so they can find the right partners to enable their business success."
Constellation Research advises leaders on leveraging disruptive technologies to achieve business model transformation and streamline business processes. Products and services named to the Constellation ShortList™ meet the threshold criteria for this category as determined through client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research. The portfolio is updated at least once per year as the analyst team deems necessary based on market conditions.
For more information about Keap, please visit www.keap.com.
Formerly Infusionsoft, Keap liberates and empowers small business entrepreneurs so they can strengthen their families, communities, and the global economy. Keap offers businesses at any stage access to the power of sales and marketing automation with its Keap Pro and Keap Max products along with expert coaching. Headquartered in Chandler, Arizona, the company is on a mission to simplify growth for 1 million entrepreneurs worldwide by 2030. Keap is funded by Goldman Sachs, Bain Capital Ventures, Mohr Davidow Ventures, and Signal Peak Ventures.
Constellation Research does not endorse any solution or service named in its research.
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SOURCE Keap | https://www.whsv.com/prnewswire/2022/08/17/keap-named-constellation-shortlist-b2b-marketing-automation-small-midsize-business/ | 2022-08-17T19:48:35Z |
APIACÁS, Brazil, Aug. 17, 2022 /PRNewswire/ -- The Brazilian Amazon may be the cradle of the oldest city in the world.The mapping analysis performed by LiDAR (Light Detection And Ranging) technology in Apiacás/MT indicates it. The laser scanning is performed by an airplane, the technology uses pulses of laser that can penetrate through the vegetation without needing to deforest the bush. The images, published on Sunday (August the 7th 2022), during a live YouTube broadcast on Dakila Research´s channel (Dakila being an association of independent researchers) show that the place, "Apiacás Lines", was man made.
In June, authorized by the Brazilian Ministry of Defense, using its own resources, Dakila´s researchers used two aircrafts to fly over and track the place known as "The Apiacás Lines" in order to laser scan the area with LiDAR technology. Aerial images of the place showed surprising symmetrical patterns that can be seen with the naked eye. The lines appear to be squares or streets of a possible ancient city. According to dating carried out by researchers from the Universidade Estadual Paulista (UNESP- São Paulo State University), in Rio Claro (SP), a group of rocks found on the site are about 1.5 billion years old.
"It's been more than 30 years of research to find that place. It might be one of the greatest discoveries of all time: Ratanabá, the "Lost City" in the Brazilian Amazon. According to our studies, Ratanabá was the capital of the world, built by the Muril, a pre-diluvian civilization and its ramifications go beyond the Brazilian Amazon, extending all over the world, according to Urandir Fernandes de Oliveira, president of Dakila Research Association. Dakila Research currently has 16 bases of investigation in the Amazon states such as Rondônia, Amazonas, Amapá, Roraima and Acre.
During Dakila´s live broadcast on it´s Youtube channel, archaeologist Saulo Ivan Nery explained that the presence of these "straight lines" on the ground are totally different than the natural patterns of surface erosion found in the region, alleging anthropic origin (man-made) of the "lines".
Surveys of the local topography and of river basins in the area were carried out by the Brazilian Army and the Brazilian Geography Institute, used in a comparative study with the LiDAR images, have confirmed human intervention.
The total area scanned using the LIDAR technology on the "Apiacás Lines" encompass 95 hectares, of which we can identify around 30 "blocks" and 30 "streets". The "blocks" have a height of about 50 meters in relation to the ground.
In different places of the Amazon Forest, sophisticated metal objects have been found, such as coins, medals, chests and swords; unkonwn rocks that have a strange glow in the dark; elongated skulls that have about 80 cm of cranial length and a fossilized footprint on a rock that is more than two meters in size.
Contact:
contato@dakila.com.br
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SOURCE Associação Dakila Pesquisas | https://www.whsv.com/prnewswire/2022/08/17/lidar-technology-confirms-existence-lost-city-brazilian-amazon/ | 2022-08-17T19:48:42Z |
CHEYENNE – A man who fired shots in the busy Dell Range retail area about a year ago and pointed a gun at a man was sentenced Monday in Laramie County District Court.
Judge Steven Sharpe deferred judgment under Wyoming statute 7-13-301 on a felony charge committed by Harley M. Cole. If Cole successfully completes three years of supervised probation, the charges may be dismissed by the court.
Sharpe also sentenced the man to one year of supervised probation, with a suspended sentence of one year in jail. This will run concurrent with Cole’s probation time for the felony charge.
Cole pleaded guilty in April to possession of a weapon with intent, a felony, and reckless endangering, a misdemeanor.
Assistant Laramie County District Attorney Steven McManamen said in court on Monday that the deferral applied only to the felony charge. The assistant DA said the reckless endangering charge would stay on Cole’s criminal record.
Ericka Smith, defense counsel for Cole, said before sentencing that Cole has a minimal criminal history, with just charges from when he was a minor, as well as a ticket for underage drinking nearly a decade ago when he was 18.
Cole was arrested last August after he was accused of firing shots from a moving vehicle at businesses on Dell Range Boulevard, and of pointing a gun at another man who was in the area. He was originally charged with aggravated assault and battery (threatening with weapon), as well as reckless endangering. The charges were amended on April 20.
“I just don’t have any reason to believe you’ll ever see him (in court) again,” Smith said of Cole during Monday’s court hearing. “This has been a hard process, and all he wants to do is be a good dad and work hard, and during his (monetary) bond, that’s all he’s done. He doesn’t go out, he doesn’t do anything.”
Speaking before sentencing, Cole apologized to the victim. He said the incident had been “a wake up call” about the possibility of losing the privilege to see his young daughter.
“It is a super scary situation, super humiliating and just wrong,” he said. “I fully understand the dangers I put the community in and the harm I could have caused to others and innocent families in the city.”
Judge’s remarks
Sharpe said before sentencing Cole that he’d considered giving the man jail time, but that he would not do that. The jurist noted Cole has “a good job” and “a family with a daughter that you need to be able to support.”
“To say that your actions were dumb is almost an understatement – thoughtless, reckless,” the judge said.
The crime seemed to be “completely out of character” for Cole, Sharpe continued. “What motivated those decisions, I don’t know. I don’t have the ability to look into somebody’s heart and to know if they’re being genuine and sincere with me, but you certainly appeared to me to be somebody who’s learned a lesson as a result of this.”
On Aug. 27, Cheyenne police officers were dispatched to a report of shots fired near the intersection of Dell Range Boulevard and Ontario Avenue. A witness said a man, later identified as then-27-year-old Cole, had pointed a handgun out the window of a car and fired two shots, according to a probable cause affidavit.
Information released by the Cheyenne Police Department after Cole’s arrest alleged he had “fired shots in the direction of several local businesses while traveling east on Dell Range.”
“The driver of a passing pickup truck reportedly noticed the firearm, notified police, and proceeded to follow the (vehicle) to a residence near the 6700 block of Braehill Road,” a CPD news release said. “Cole then pointed his firearm in the direction of the truck driver.”
Also Monday:
Judge Sharpe sentenced Scott Dearold Bressette in four separate cases.
In all, he received three years of supervised probation. Seven to 10 years of prison time could be invoked if he does not successfully complete probation.
Sharpe ordered Bressette to pay $2,267.28 in restitution. He will be subject to several conditions, including a requirement he complete mental health and substance abuse evaluations and attend any recommended treatment.
Before his sentencing, Bressette pleaded guilty, pursuant to an Alford plea, to two charges in the most recent case. He entered the plea to felony unlawful entry into an occupied structure and misdemeanor unlawful contact (touching).
An Alford plea allows a defendant to accept the consequences of a guilty plea without having to admit guilt, while also admitting the prosecution could likely prove the charges against them in a jury trial.
Bressette’s court-appointed counsel, State Public Defender Diane Lozano, said the Alford plea was for Bressette “to proceed to sentencing and hopefully be able to enter into treatment as soon as possible.”
Sharpe said Bressette’s most recent charges were “concerning,” but that he was willing to give Bressette “an opportunity on probation.” Sharpe went along with a plea agreement previously reached in the case.
In the most recent case, Bressette was accused of entering an apartment the evening of March 10, 2021, and looking for a man who was not there while holding a metal baseball bat that belonged to the occupants. While entering, he pushed and nearly knocked over the occupant who had opened the door for him, according to a probable cause affidavit.
He was given three years of supervised probation, with a suspended sentence of seven to 10 years in prison, for the felony charge. He was sentenced to 180 days of time served for the misdemeanor.
Judge’s warning
“I don’t think I need to tell you that, given your history and given the road we’ve traveled so far, that if you’re back before this court on a revocation, the court’s not likely to give you many more breaks,” Judge Sharpe told the defendant during Monday’s hearing.
Bressette and Lozano attributed Bressette’s criminal behavior to drug use, mental health issues and not being properly medicated at the time for a thyroid problem.
Assistant DA McManamen noted during the hearing that Bressette has a criminal history that spans close to 40 years, and that “he seems to be quite the drain on taxpayer resources and a danger to the community, and has been for most of his entire life.” However, McManamen said the state would stand by the plea agreement to give Bressette the opportunity to “address his addiction issue.”
All parties agreed that having the seven-to-10-year prison sentence hanging over him may motivate him to successfully complete probation and receive drug treatment.
Bressette also had pleaded guilty in March 2021 to felony possession of methamphetamine and misdemeanor theft, stemming from two separate cases. For these, he received three years of supervised probation, with a suspended sentence of two to four years prison, and another sentenced of 180 days of credit for time served. These were concurrent to the sentence for the most recent case.
Four additional felony drug charges, a misdemeanor drug charge and a felony receiving stolen property charge were dismissed at sentencing, per the plea agreement. The misdemeanor theft charge was previously reduced from two felony forgery charges.
In the felony possession case, Bressette was found to have 8.3 grams of methamphetamine, along with other controlled substances and drug paraphernalia, during a March 2020 traffic stop by a Laramie County Sheriff’s deputy, according to court documents.
In the misdemeanor theft case, Bressette passed two counterfeit $50 bills at a convenience store in February 2020, court documents said.
Another 2020 case, in which Bressette had been charged with felony receiving stolen property, was dismissed at sentencing as part of the agreement. | https://www.wyomingnews.com/news/local_news/district-court-roundup-man-who-fired-shots-on-dell-range-gets-deferral/article_75d44735-ba3f-5721-bbaa-27e8d8b4d0ff.html | 2022-08-17T19:48:47Z |
CHARLOTTE, N.C., Aug. 17, 2022 /PRNewswire/ -- Lincoln Harris, in partnership with the Real Estate business within Goldman Sachs Asset Management (Goldman Sachs), today announced they have closed on the sale of the 367,000-square-foot building at 650 South Tryon in Charlotte's Legacy Union mixed-use development to Highwoods Properties Inc. (NYSE: HIW).
"The vision for Legacy Union has always been to create a dynamic gateway for Uptown Charlotte, and with three first-class office towers totaling more than 1.5 million square feet of space, that vision is certainly becoming a reality," said Johno Harris, president of Charlotte-based Lincoln Harris. "Legacy Union is a nod to our community past, present and future, and we look forward to watching the city of Charlotte continue to transform and thrive."
The asset, Legacy Union SIX50, represents the third sale following Honeywell's Global Corporate Headquarters which was sold in December 2021 and Bank of America Tower which was sold in November 2019.
"The success of SIX50 is a testament to the strength of the partnership between Goldman Sachs and Lincoln Harris to build a best-in-class, ESG focused trophy office building. This is the culmination of more than seven years of effort to entitle, develop, lease, and sell more than 1.5 million square feet of mixed-use commercial real estate on the former Observer site which has redefined Charlotte's skyline. We're excited for the next phase of office development at Legacy Union currently underway, and congratulate Highwoods on their acquisition as they expand their footprint in Charlotte," said Chris Nelson, Managing Director, Goldman Sachs Asset Management.
The 18-story building features a cantilevered glass façade, covered executive parking and convenient access to dining, retail, light-rail transit and all the other amenities in the surrounding Brooklyn Village Avenue Corridor. The building is leased to prominent tenants such as Deloitte, Cadwalader Wickersham & Taft, and JLL.
"We entered Charlotte in 2019 via a tremendous asset and partnership with Lincoln Harris and Goldman Sachs at Legacy Union with our purchase of Bank of America Tower. The success we've had together continues to bear fruit as we've expanded our presence and partnership with our acquisition of 650 South Tryon," noted Highwoods CEO Ted Klinck.
Lincoln Harris will retain management and leasing for the building.
Located at the southeast corner of Hill and South Tryon streets, Legacy Union SIX50 was the second tower completed at Legacy Union. The 10-acre project comprises two city blocks on the historic former site of The Charlotte Observer. Other elements of the property include the 33-story Bank of America Tower; Honeywell's 23-story Global Corporate Headquarters; a new 24-story, 415,000-square-foot office building currently under construction; a 14-level parking garage; and a street-level public plaza.
Lincoln Harris, together with Lincoln Property Company, provides clients with a national platform and unparalleled institutional resources, including commercial real estate development, investment and property management. Based in Charlotte, Lincoln Harris takes great pride in its reputation as one of the region's most accomplished full-service commercial real estate companies. Lincoln Harris' multi-disciplinary team has a long history of working through complex transactions and adopting innovative approaches to real estate problems. We develop and implement comprehensive national real estate programs for our clients and cultivate a sense of trust in the communities we serve and the individual transactions we service. To learn more about Lincoln Harris properties and services, please visit www.lincolnharris.com.
Highwoods Properties Inc., headquartered in Raleigh, is a publicly-traded (NYSE:HIW) real estate investment trust ("REIT") and a member of the S&P MidCap 400 Index. The Company is a fully integrated office REIT that owns, develops, acquires, leases and manages properties primarily in the best business districts (BBDs) of Atlanta, Charlotte, Nashville, Orlando, Pittsburgh, Raleigh, Richmond and Tampa. For more information about Highwoods, please visit our website at www.highwoods.com.
Bringing together traditional and alternative investments, Goldman Sachs Asset Management provides clients around the world with a dedicated partnership and focus on long-term performance. As the primary investing area within Goldman Sachs (NYSE: GS), we deliver investment and advisory services for the world's leading institutions, financial advisors and individuals, drawing from our deeply connected global network and tailored expert insights, across every region and market—overseeing more than $2 trillion in assets under supervision worldwide as of June 30, 2022. Driven by a passion for our clients' performance, we seek to build long-term relationships based on conviction, sustainable outcomes, and shared success over time. Goldman Sachs Asset Management invests in the full spectrum of alternatives, including private equity, growth equity, private credit, real estate and infrastructure. Established in 1991, the Real Estate business within Goldman Sachs Asset Management is one of the largest investors in real estate with over $50 billion in assets invested since 2012 across the spectrum of investment strategies from core to opportunistic. Our global team invests across all sectors with deep expertise across the capital structure, in assets ranging from single properties to large portfolios, through senior mortgages, mezzanine debt and equity. Follow us on LinkedIn.
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SOURCE Lincoln Harris | https://www.whsv.com/prnewswire/2022/08/17/lincoln-harris-goldman-sachs-asset-management-close-sale-legacy-union-six50-highwoods-properties/ | 2022-08-17T19:48:48Z |
CEDAR RAPIDS, Iowa, Aug. 17, 2022 /PRNewswire/ -- Veteran sport industry executives, Rob Ponger and Rick Thurman, today announced that they have assumed senior leadership of Perfect Game, the world's largest youth baseball and softball platform and scouting service.
Ponger, former CFO of IMG Media, and Thurman, co-founder and former co-owner of athlete representation agency, Beverly Hills Sports Council, will serve as Perfect Game's CEO and president/chairman, respectively.
In making the announcement, Ponger and Thurman also shared that Perfect Game Founder, Jerry Ford, will stay on as Perfect Game commissioner, while Brad Clement, the current CEO, will assume the newly created role of executive vice president/general manager.
Moving forward, both Ponger and Thurman will take on more visible roles with Perfect Game, after spending time working behind the scenes to usher in a new era for the organization. Under Ponger's and Thurman's recent guidance and leadership, Perfect Game has evolved into a multi-tiered sport enterprise that has added a proprietary tech platform (PG Tech), a multi-media platform (PerfectGame.TV), launched an apparel line and expanded internationally. Additionally, Ponger and Thurman have steered Perfect Game's recent growth domestically in the amateur baseball and softball space through athletic and multiuse facility development, ownership and management.
"I'm excited to formally announce that my partner, Rick Thurman, and I have assumed senior leadership control of Perfect Game," stated Ponger. "We view Perfect Game as the industry leader in the youth sports and event space, and, as we've already witnessed, we see tremendous growth opportunities for the brand. Jerry Ford, the Ford family, and all those involved with Perfect Game have done a tremendous job in establishing the organization as the best in the world at what it does, and I look forward to working with Rick and the entire Perfect Game family to help the organization reach new heights."
Thurman added: "I echo Rob's sentiments. Perfect Game has the potential to further establish its leadership position as the premier, multi-faceted youth and amateur sport organization providing best-in-class events, services, products and experiences to athletes, their families, industry executives and fans on a global scale. This is a great opportunity to build upon the outstanding efforts of Jerry Ford and grow Perfect Game into a truly global brand."
"I look forward to supporting Rob and Rick as they lend their sport industry expertise to the Perfect Game business model and make it bigger and better than I could have ever imagined when we began this journey in the mid-1990s to provide playing opportunities for Iowa high school baseball players," said Ford. "I know Perfect Game is in good hands, and I look forward to doing whatever I can to help Rob and Rick usher in this new and exciting era for Perfect Game."
Ponger spent nearly 20 years at IMG where, serving as CFO of IMG Media, he provided financial and investment oversight, led mergers and acquisitions, directed corporate restructuring, and drove business development through the creation and implementation of strategic and tactical initiatives that helped position IMG as one of the world's most successful entertainment and sports agencies.
Thurman co-founded the prestigious athlete representation agency, Beverly Hills Sports Council (BHSC) in 1984. In less than two years, BHSC became the largest and one of the most influential baseball player representation firms in the country. Thurman influenced the evolution of the contemporary sports agency over the last 40 years, by providing BHSC clients with an array of full-service management services that expanded beyond traditional contract negotiations and into outside business management guidance, personal marketing and promotion, legal counsel, and personal management all under one roof.
For more information, please visit PerfectGame.org.
Daron Sutton
602-769-5712
dsutton@perfectgame.org
www.perfectgame.org | facebook.com/perfectgameusa | @PerfectGameUSA
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SOURCE Perfect Game USA | https://www.whsv.com/prnewswire/2022/08/17/longtime-sport-industry-executives-rob-ponger-rick-thurman-assume-leadership-perfect-game/ | 2022-08-17T19:48:55Z |
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- Natixis Corporate & Investment Banking (Natixis CIB) led the financing of approximately US$360 million for a portfolio of solar photovoltaic PMGD plants in Chile with expected capacity of approximately 360MWdc sponsored by Connor, Clark & Lunn Infrastructure (CC&L Infrastructure) and CarbonFree Technology (together, the "Sponsors"). The financings are comprised of a $19 million letter of credit facility, a $71 million bridge-loan facility which will be used to fund ongoing construction costs, and an approximate $270 million private placement facility whose proceeds will be used primarily to refinance existing bank debt and repay the bridge-loan facility once projects complete construction.
Natixis CIB acted as Lead Placement Agent and Green Issuance Coordinator for the private placement and as Sole Bookrunner, Sole Underwriter and Green Loan Coordinator for the bridge-loan and the letter of credit facilities.
This represents the largest PMGD portfolio financed to date both in terms of installed capacity and number of projects.
The Sponsors' portfolio consists of 53 solar projects which operate under Chile's special regime for distributed generation projects (known as "PMGD"), entitling the projects to sell their energy output at the regulated stabilized price.
"We are excited to complete this refinancing, one of the largest solar project private placements in Chile to date," said Matt O'Brien, President of CC&L Infrastructure. "The aggregation, de-risking and successful construction of individual, small-scale projects is the culmination of a multi-year strategy, allowing us to secure long-term financing at competitive rates and create value for our investors. Our base of Chilean solar assets is part of our large and rapidly growing energy transition portfolio that aggregates over 1.5 gigawatts of renewable assets across a range of clean energy technologies."
"This is Natixis' twelfth PMGD financing in three years and the PMGD portfolio financing the largest installed capacity ever arranged by any institution. In aggregate, Natixis has financed approximately US$1.5 billion to support the development of PMGD renewable power generation projects in Chile. This successful series of transactions builds on our extensive track record of innovation in Latin America and solidifies our position as the "one-stop-shop" for PMGD project developers seeking creative financing solutions. We look forward to continuing to support the Sponsors in their growth in the region and to support Chile's continuous efforts toward energy transition", said Aitor Alava, Managing Director and Head of Infrastructure & Energy Finance, Latin America at Natixis CIB.
"Chile is making excellent progress towards the country's 2030 clean energy and decarbonization targets, in addition to their overarching goal of net zero carbon emissions by 2050. We're pleased that our portfolio of solar projects can contribute to this leadership on climate action, as well as provide Chilean citizens with affordable electricity for years to come," said David Oxtoby, CEO of CarbonFree.
Anthony Ferraro, Managing Director and Head of Debt Capital Markets, Americas, Natixis CIB, said: "We are honored to have advised the Sponsors as a trusted partner in leading this important capital markets financing milestone in the U.S. private placement bond market for this PMGD portfolio with the largest installed capacity developed in Chile to date. Despite a more challenged market environment, several leading institutional investors in the U.S. private placement market participated in this transaction. The result is truly a testament to the quality of the sponsorship and transaction structuring, and illustrative of the value and flexibility that can be delivered to equity sponsors by partnering with long-term minded USPP infrastructure investors with the ability to transact through short-term volatility."
The PMGD regime was created in 2005, with the goal of incentivizing more distributed and greener electricity generation. The projects in the portfolio will contribute to Chile's broader energy transition as the country gradually retires coal plants on its way towards the long-term goal of carbon-neutrality. Once all projects in the Sponsors' portfolio enter operations, the facilities will be capable of producing more than 750,000 MW hours of clean electricity annually.
About Natixis Corporate & Investment Banking
Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.
Our teams of experts in 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. We are committed to supporting the environmental transition by aligning our financing balance sheet with a +1.5°C trajectory by 2050.
As part of the Global Financial Services division of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d'Epargne retail networks, Natixis CIB benefits from the Group's financial strength and solid financial ratings (Standard & Poor's: A, Moody's: A1, Fitch: A+, R&I: A+).
Press contacts:
Tara Flanagan
Prosek Partners
+1 646 818 9022
tflanagan@prosek.com
https://www.linkedin.com/company/natixis-corporate-investment-banking/
https://www.youtube.com/user/natixisvideos
https://podcast.ausha.co/green-momentum
Our information is certified with blockchain technology.
Check that this press release is genuine at www.wiztrust.com
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SOURCE Natixis | https://www.whsv.com/prnewswire/2022/08/17/natixis-corporate-amp-investment-banking-leads-ccampl-infrastructure-carbonfree-us360-million-hybrid-bond-private-placement-debt-financing-largest-pv-pmgd-portfolio-financed-date-chile/ | 2022-08-17T19:49:02Z |
Medicare beneficiaries overwhelmingly support policies to protect access to Medicare home health
WASHINGTON, Aug. 17, 2022 /PRNewswire/ -- The Partnership for Quality Home Healthcare (the Partnership) today announced the results of a newly conducted national public opinion poll on the Medicare Home Health Program. The poll found widespread and deep support for Medicare home health care services and the need to prevent Medicare cuts to home healthcare.
The poll, conducted by Morning Consult on behalf of the Partnership, found that nearly all Medicare beneficiaries (97 percent) want the federal government to maintain Medicare coverage for at-home health care services and nine in ten (88 percent) believe it is important for Congress to pass legislation that would prevent the Centers for Medicare & Medicaid Services' (CMS) proposed cuts to Medicare home health services.
Other key findings from the poll include:
- 91 percent of older Americans and Medicare beneficiaries express the highest preference for receiving short-term recovery or rehabilitation health care at home.
- 92 percent of registered voters believe it is important for the federal government to maintain Medicare coverage for at-home health care to allow seniors to recover and rehabilitate at home. There is also wide bipartisan agreement among registered voters with 94 percent of Democrats and 93 percent of Republicans expressing their support for the Medicare home health program.
- 65 percent of voters oppose CMS implementing a cut to Medicare home health services, while only 20 percent support the cut.
- Three in five voters (60 percent) and more than three in four (76%) voters 65+ would be less likely to support their Member of Congress if they were in favor of making these cuts to Medicare home health services.
- More than three in four voters (78 percent) believe it is important for Congress to pass legislation to push back on CMS' proposed payment cuts to Medicare home health services, including nine in ten voters 65+ (88 percent), Medicare beneficiaries (88 percent), and caregivers for 65+ adults (89 percent).
"The American people have made it clear that they overwhelmingly support and prefer home health care services. We must continue to protect access for Medicare beneficiaries by preventing these vital services from facing permanent and temporary reductions as proposed in the CY 2023 Prospective Payment System," said Joanne Cunningham, CEO of the Partnership. "I hope lawmakers in Congress listen to the voters and quickly pass the Preserving Access to Home Health Act (H.R. 8581/S.4605), which will ensure that the Medicare Home Healthcare Program is preserved and protected. Without action, Medicare home health services are at severe risk."
The Partnership supports the bipartisan Preserving Access to Home Health Act, which if enacted will delay the proposed 7.69% cut from being implemented until 2026 and block an additional $2 billion "clawback" cut on services provided during the first two years of the COVID-19 pandemic from taking effect.
The poll was conducted by Morning Consult from July 22 to July 24, 2022, with a sample of 2,005 registered voters. The results have a margin of error of +/- 2 percent.
To learn more about Medicare's proposed cuts to home health, click here.
About the Partnership
The Partnership for Quality Home Healthcare represents community- and hospital-based home healthcare agencies across the U.S. and is dedicated to developing innovative reforms to improve the quality, efficiency and integrity of home healthcare. To learn more, visit www.pqhh.org.
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SOURCE Partnership for Quality Home Healthcare | https://www.whsv.com/prnewswire/2022/08/17/new-national-poll-finds-strong-support-medicare-home-health-services-preserving-access-home-health-act/ | 2022-08-17T19:49:08Z |
THERMOVEX 150™ boasts the same sought-after ingredient roster but with a lower caffeine profile
HENDERSON, Nev., Aug. 17, 2022 /PRNewswire/ -- Over the past decade, countless dedicated athletes, fitness lovers, and everyone in between have made Thermovex™ by EVOchem Nutrition® a necessary and favorite staple in their everyday routine. This metabolic/thermogenic powerhouse has even garnered its own hashtag on social media: #ThermovexThursday. When requests started coming in for a lower stimulant version, the formulators at EVOchem answered the call. Today, Nutrishop proudly announces the recent launch of Thermovex 150™, which boasts all the same sought-after metabolic-support ingredients found in the original formula, but with only 150mg of caffeine. Thermovex 150 is now available in two flavors, Tropical Shaved Ice and Pink Lemon Squeeze, online and at your local Nutrishop store.
"At Nutrishop, we're always striving to give our customers what they want. Some of our customers want all the benefits of a potent thermogenic/metabolic formula but don't need or desire a huge energy boost because they prefer to get it from their favorite pre-workout or they're not really into that super-charged, revved-up feeling. We get it!" said Bryon McLendon, founder and CEO of Nutrishop, a national nutrition, wellness and supplement retail franchise. "Thermovex is arguably one of the best metabolic formulas on the market and has been a top-ranking product for us since its inception a decade ago. We're excited to offer the same incredible ingredient roster in Thermovex 150 but with less caffeine."
Keep in mind, less caffeine doesn't mean zero energy. Thermovex 150 still packs a punch. For comparison, a 16 oz. cup of coffee contains approximately 145 mg of caffeine, which is plenty for some consumers who are looking to kickstart their day or hop on the treadmill for an hour after work and still want to sleep soundly at night. Abbie Anderson, 20, said she is excited about taking Thermovex 150 to help her power through those late-night lifts while supporting her weight-management goals.
"Thermovex 150 gives me the energy I need to knock out my workouts without the huge caffeine spike, not to mention the crazy good flavor that comes with it!" said Anderson, a full-time student and avid fitness fanatic from Corsicana, TX. "Tropical Shaved Ice is definitely among the best-tasting supplement flavors I have ever tried! I highly recommend giving this product a shot!"
Thermovex 150™ contains 30 servings of a powerhouse blend of metabolic-support ingredients, including the following:
- B Vitamins
- L-Carnitine L-Tartrate
- Choline Bitartrate
- Alpha-GPC
- Advantra Z Bitter Orange Extract
- Dynamine™
- Green Tea Extract
- Guarana Extract
- 8g Dietary Fiber
- 150mg Caffeine
"I love the wellness benefits of fiber and the warming thermogenic effects Thermovex 150 offers," said 30-year-old Christina Hubacek, a firefighter/paramedic from Mesquite, TX. "My husband prefers it before working out because he's not a fan of heavy stimulants."
EVOchem Nutrition is a trusted brand exclusive to Nutrishop, catering to those "in the know." In addition to Thermovex and Thermovex 150, this elite line offers a variety of top-quality, advanced products ranging from great-tasting proteins and superior essential amino acids to patented muscle recovery technology and even night-time metabolic formulas.
To learn more or to purchase Thermovex 150, visit NutrishopUSA.com or stop by any Nutrishop location nationwide.
Since 2003, NUTRISHOP® has helped countless individuals live a fit, healthy, happy lifestyle. Nutrishop stores offer customers a low-price guarantee on a wide array of cutting-edge dietary supplements along with exceptional, individualized customer service, easy-to-follow meal plans, body composition assessment tools, and sound nutritional guidance. The Nutrishop business model focuses primarily on franchisee-owned and operated stores that provide consumers with the tools required to achieve their health and fitness goals. For more information, visit NutrishopUSA.com and follow on Instagram @NutrishopUSA.
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SOURCE Nutrishop | https://www.whsv.com/prnewswire/2022/08/17/nutrishop-launches-lower-stimulant-version-popular-metabolic-support-formula/ | 2022-08-17T19:49:15Z |
Lanier Law Firm secures another victory for local governments
CLEVELAND, Aug. 17, 2022 /PRNewswire/ -- In a first-of-its-kind trial, a federal judge has ordered a $650.6 million judgment sought by two Ohio counties against retail giants CVS Health Corp., Walgreens Boots Alliance Inc and Walmart Inc. for their roles in failing to control the spread of deadly and addictive prescription opioids. The award will allow Lake and Trumbull counties to fund education and prevention programs and reimburse local agencies and organizations for costs incurred to manage the crisis.
"These governments simply wanted restitution for the burden of dealing with a drug epidemic supported by the corporate greed, negligence and lack of responsibility of these pharmaceutical chains," says Mark Lanier of The Lanier Law Firm, who represented the counties at trial. "We are pleased that the court recognized that there are cogent and workable plans in place to address the needs of their respective communities, which this award will turn into reality."
In addition to Mr. Lanier, the trial team was led by Peter Weinberger of Spangenberg Shibley & Liber LLP, and Frank Gallucci of Plevin & Gallucci Co. Other firms representing the plaintiffs include Napoli Shkolnik PLLC, Simmons Hanly Conroy LLC, Motley Rice LLC and Farrell & Fuller LLC.
The 76-page order by U.S. District Judge Dan Polster requires the defendants to immediately pay $86.7 million into an abatement fund for the counties' use, with the remainder of the funds allocated over the next 15 years.
The order also establishes an injunction "directing that the Pharmacy Defendants undertake certain actions to ensure they are complying fully with the Controlled Substances Act and avoiding further improper dispensing conduct."
In November, a federal jury determined that the companies were liable for creating a public nuisance by recklessly dispensing opioids and enabling the epidemic in the two counties, located in the northeastern part of the state. The case was the first to go to trial involving the role of pharmacies in the epidemic. It is considered a bellwether, as much of the evidence and production of documents will affect scores of other lawsuits that are pending before Judge Polster from cities and counties across the nation.
Testimony during the trial revealed that about 5,400 people in Lake County and 7,500 people in Trumbull County suffered from opioid dependency as of 2019. In Lake County, 232 of 350 opioid overdose deaths from 2015-2019 could be directly or indirectly linked to prescription opioids; in Trumbull County, 289 of the 446 deaths during that span could be attributed to prescription painkillers.
Earlier this year, a Lanier Law Firm team helped gain a $1.85 billion settlement with opioid manufacturers and distributors to settle claims brought by the state of Texas.
The U.S. opioid epidemic has caused more than 500,000 overdose deaths over two decades, according to government data. More than 3,300 opioid lawsuits have been filed nationally against drugmakers, distributors and pharmacy chains, leading to a recent wave of proposed settlements.
About the Lanier Law Firm
For more than 30 years, the women and men at the Lanier Law Firm have worked tirelessly, throughout the United States, to find unique and effective solutions for their clients. More than 60 skilled attorneys practice law in a broad array of areas, including business litigation, pharmaceutical litigation, asbestos exposure, oil and gas litigation, personal injury as well as defective and dangerous products, among others. Named an Elite Trial Law Firm by The National Law Journal, the Lanier Law Firm has offices in Houston, New York and Los Angeles. To learn more about Mark Lanier and the Lanier Law Firm, visit http://www.lanierlawfirm.com.
Media Contact:
J.D. Cargill
713-659-5200
jdc@lanierlawfirm.com
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SOURCE The Lanier Law Firm | https://www.whsv.com/prnewswire/2022/08/17/ohio-federal-court-awards-more-than-650-million-against-pharmacies-driving-opioid-crisis/ | 2022-08-17T19:49:21Z |
First Annual HRX Meeting to Assemble Cardiovascular Innovators Focused on Transforming Patient Care
TAMPA, Fla., Aug. 17, 2022 /PRNewswire/ -- PaceMate, one of the nation's fastest-growing cardiac rhythm management and remote patient monitoring companies, announced two of its co-founders have been chosen to speak at HRX 2022, the Heart Rhythm Society's cardiovascular digital health summit on September 8-10, 2022, in San Diego, California.
The first annual innovation-focused digital cardiovascular summit brings together 500 national innovators, including clinicians, engineers, product developers, investors, entrepreneurs, nonprofits, and patient advocacy groups, to examine transformative digital health trends and solutions to improve cardiovascular patient care.
HRX 2022's lineup of speakers includes Tripp Higgins, Chief Executive Officer of PaceMate, who will explore the "CIED Remote Monitoring Landscape" on September 9 at 3 pm PST. In this session, Mr. Higgins will discuss the future of remote cardiac patient monitoring (RPM) and its critical role in enabling device clinics to scale in support of larger patient populations as cardiovascular care shifts to more risk-bearing, value-based care models.
"I am honored to be selected to speak at the Heart Rhythm Society's HRX digital health summit," said Tripp Higgins, CEO of PaceMate. "I look forward to sharing how cardiac remote patient monitoring and digital health innovations will continue to create opportunities to improve patient outcomes for cardiovascular practices and device clinics, primary care providers as well as healthcare systems, and payors."
Noemi Ray, PaceMate Co-Founder & Vice President of Product Operations for PaceMate, has also been invited to serve as a panelist during two sessions, "The Healthcare Professional Perspective: What Are Our Challenges with RPM?" and "Can Healthtech Fix Afib?" on September 9 at 10:30 am and 2 pm PST, respectively.
And Curt Harper, CCDS, BSE, Director of Business Development & Strategic Partnerships for PaceMate, and the lead architect of PaceMateLIVE, will serve as a panelist on September 9 at 2:00 pm PST during a session focused on "Group Chat, Data Connectivity, Cybersecurity and Interoperability."
Visit ExperienceHRX.com to learn more and follow #HRX2022 on Twitter and LinkedIn for real-time updates and emerging news from the meeting.
About PaceMate™
Recognized as a 'Top 100 Healthcare Technology Company' by Healthcare Technology Report, PaceMate™ is one of the nation's fastest-growing in cardiac rhythm management and remote patient monitoring. Combining state-of-the-art cloud-based software, research-grade data, and seamless integrations, PaceMateLIVE, the company's flagship RPM platform, is the de facto choice of electrophysiologists, device clinics, and healthcare systems.
With PaceMate, leading healthcare organizations can significantly improve patient outcomes, reimbursements, productivity, and population health with better point-of-care decision-making and alert management. For more information about PaceMate, visit PaceMate.com or call 1-844-4VIPMED.
About HRX 2022
The mission of HRX is to annually convene all cardiovascular stakeholders to accelerate innovation and transform patient care. For more information, visit www.ExperienceHRX.com.
About The Heart Rhythm Society
The Heart Rhythm Society (HRS) is a 501(c)(3) international nonprofit organization and the preeminent leader in science, education, and advocacy for cardiac arrhythmia professionals and patients. HRS continues to be the primary information resource on heart rhythm disorders with a mission to improve the care of patients by promoting research, education, and optimal health care policies and standards, and a mission to eliminate death and suffering due to heart rhythm disorders. Incorporated in 1979 and based in Washington, D.C., it has a membership of more than 7,500 heart rhythm professionals in more than 90 countries worldwide. For more information, visit www.HRSonline.org.
Media Contact
Lou Hughes
Moving Minds
561.508.0128
lou.hughes@movingminds.io
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SOURCE PaceMate | https://www.whsv.com/prnewswire/2022/08/17/pacemate-co-founders-speak-hrx-2022-heart-rhythm-societys-cardiovascular-digital-health-summit/ | 2022-08-17T19:49:28Z |
ROSH HA'AYIN, Israel, Aug. 17, 2022 /PRNewswire/ -- Partner Communications Company Ltd. ("Partner" or "the Company") (NASDAQ: PTNR) (TASE: PTNR), a leading Israeli communications operator, reports that on August 17, 2022, the Company received a lawsuit filed by Lapidot Capital Ltd. (the "Plaintiff"), that hold 2,173,126 of the Company's shares (the "Plaintiff's Shares"), in the Central District Court in Lod (the "Lawsuit").
The Plaintiff's Shares are currently registered under the Plaintiff's name in the Company's shareholder registry as Founding Israeli Shareholder shares, as defined in the Company's Articles of Association. As part of the Lawsuit, the Plaintiff claims that due to changes to the Company's MRT license, the Company's Articles of Association no longer require the registration of the Plaintiff's Shares under the Plaintiff's name in the Company's shareholder registry. Therefore, the Plaintiff is petitioning the Court to grant an order to the Company instructing it to register the Plaintiff's Shares in the Company's shareholder registry under the Company's nominee company (Mizrahi Tfahot Nominee Company Ltd.), as regular and free shares, in a manner that will allow trading the Plaintiff's Shares on the stock exchange and a declaratory relief according to which the Plaintiff is entitled to receive damages from the Company in the amount equal to the value of the Plaintiff's Shares according to the share price on the date the Lawsuit was filed, in addition to interest and linkage differences from the date the Lawsuit was filed until the day the damages are granted, to be offset by the value of the shares on the day the Plaintiff's Shares will be registered under the nominee company.
The Company is reviewing the Lawsuit. Due to the preliminary stage of the proceeding, the Company is unable to evaluate the probability of success of the Lawsuit.
About Partner Communications
Partner Communications Company Ltd. is a leading Israeli provider of telecommunications services (cellular, fixed-line telephony, internet and television services). Partner's ADSs are quoted on the NASDAQ Global Select Market™ and its shares are traded on the Tel Aviv Stock Exchange (NASDAQ and TASE: PTNR).
For more information about Partner see: http://www.partner.co.il/en/Investors-Relations/lobby
Contact:
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SOURCE Partner Communications Company Ltd. | https://www.whsv.com/prnewswire/2022/08/17/partner-communications-announces-receiving-lawsuit/ | 2022-08-17T19:49:35Z |
The Sal6830 provides non-invasive COVID-19 results in under 30 minutes
CHARLOTTESVILLE, Va., Aug. 17, 2022 /PRNewswire/ -- MicroGEM, a U.S.-based molecular biology company, today announced that Medline, a manufacturer and distributor of medical supplies to healthcare providers across the continuum of care, is now offering the MicroGEM Sal6830 Point of Care PCR System and SARS-CoV-2 Saliva Test.
The partnership comes as the nation continues to average more than 100,000 new cases and nearly 500 COVID-related deaths a day, with new cases and hospitalizations driven by the Omicron BA.5 variant, according to the Centers for Disease Control and Prevention (CDC).
"Sal6830 is transforming the 'new normal' of living and working with COVID-19 by providing an easy, convenient saliva test that eliminates the discomfort of nasal swabs," said Geoff Stein, Director of Channel Partner Sales for MicroGEM. "Medline is a terrific choice as a partner, joining us in sharing the message that 'sticks up the nose' can be a thing of the past, and providing their deep and proven technical knowledge, support, and flexibility to quickly respond to customer needs and demands."
The Sal6830 leverages MicroGEM's proprietary point of care technology, which combines enriched intact virus, thermophilic enzymatic RNA extraction, and microscale high-speed RT-PCR to capture whole virus to detect SARS-CoV-2 in under 30 minutes. Sal6830's non-invasive saliva sampling, simple on-screen instructions, fast on-the-spot results, and portability provide an invaluable tool to quickly and accurately detect COVID-19 in settings ranging from healthcare centers, film production sets, and government and academic facilities, to mobile testing sites, retirement homes and long-term care communities.
Medline is well-positioned to introduce the Sal6830 to healthcare organizations and vulnerable communities, such as assisted living facilities, that have existing and emerging needs to quickly test and protect their staff, visitors, residents, and patients.
"It is important that we continue to look at new ways to help customers drive efficiency around the ebb and flow of COVID-19 testing," said Nicole Krpan, vice president of Medline's laboratory division. "Our partnership with MicroGEM expands our product portfolio to offer a saliva-based test for the first time. We expect this to help expand our partnerships with lab leaders to optimize their performance."
The Sal6830 SARS-CoV-2 Saliva Testing Kit's innovative cartridge design allows new targets to be added or replaced quickly, significantly reducing both assay and product development time. The company plans on seeking authorization to expand the test menu and ruggedize the system to address austere field conditions presented in military and disaster medicine use cases, and adapt the system for the precision medicine healthcare market with quantitative gene expression panels used as biomarkers.
MicroGEM has established a U.S.-based supply chain, with R&D pilot manufacturing facilities in Charlottesville, Virginia, large-scale test kit production facilities in Ogden, Utah, and instrument production facilities in Hudson, New Hampshire.
The MicroGEM Sal6830 Point of Care PCR System and the MicroGEM Sal6830 SARS-CoV-2 Saliva Test recently received Emergency Use Authorization (EUA) from the U.S. Food and Drug Administration (FDA) and have been funded in part by the National Institutes of Health (NIH), Rapid Acceleration of Diagnostics (RADx®) initiative to expedite the launch of the test with federal funds from the National Institute of Biomedical Imaging and Bioengineering, National Institutes of Health, Department of Health and Human Services, under Contract No. 75N92020C00015.
The MicroGEM Sal6830 SARS-CoV-2 Saliva Test has not been FDA cleared or approved, but has been authorized for emergency use by FDA under an EUA for use by authorized laboratories. This product has been authorized only for the detection of nucleic acid form SARS-CoV-2, not for any other viruses or pathogens. The emergency use of this product is only authorized for the duration of the declaration that circumstances exist justifying the authorization of emergency use of in vitro diagnostics for detection and/or diagnosis of COVID-19 under Section 564(b)(1) of the Federal Food, Drug, and Cosmetic Act, 21 U.S.C. § 360bbb-3(b)(1), unless the declaration is terminated or authorization is revoked sooner.
To learn more about Sal6830, visit www.microgembio.com/covid-19/contact.
About Medline
Medline is a healthcare company; a manufacturer, distributor, and solutions provider focused on improving the overall operating performance of healthcare. Partnering with healthcare systems and facilities across the continuum of care, Medline provides the clinical and supply chain resources required for long-term financial viability in delivering high-quality care. With the scale of one of the country's largest companies and the agility of a family-led business, Medline is able to invest in its customers for the future and rapidly respond to a dynamically changing market with customized solutions. Headquartered in Northfield, Ill., Medline has 30,000+ employees worldwide and does business in more than 125 countries and territories. Learn more about Medline at www.medline.com.
About MicroGEM
MicroGEM is democratizing molecular diagnostics by moving molecular techniques out of conventional, highly skilled laboratories to non-laboratory settings. The company's innovative enzymatic approach to nucleic acid extraction provides the foundation for efficient sample preparation suitable for PCR analysis. Recently awarded over $50 million by the National Institutes of Health, Rapid Acceleration of Diagnostics (RADx) initiative, MicroGEM has leveraged its RNA extraction capabilities to develop the MicroGEM Sal6830 Point of Care PCR System and SARS-CoV-2 Saliva Test, representing the next generation of point-of-need solutions for the management of infectious diseases and other personalized medicine applications.
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SOURCE MicroGEM | https://www.whsv.com/prnewswire/2022/08/17/preparing-continuing-battle-with-covid-microgem-partners-with-medline-equip-healthcare-providers-with-worlds-first-saliva-pcr-test-point-care/ | 2022-08-17T19:49:45Z |
The latest addition to The Collective's growing portfolio reopens with European-Inspired bistro & garden and live music programming
LOS ANGELES, Aug. 17, 2022 /PRNewswire/ -- Proper Hospitality announces today the addition of the iconic Culver Hotel to The Collective - a growing portfolio of independent, design-driven boutique hotels managed and operated by the Los Angeles-based hospitality group.
Located in the heart of Downtown Culver City, The Culver Hotel is a nationally landmarked flatiron-style building which first opened its doors in 1924 after being designed by architects Curlett & Beelman - the city's pioneer of lavish Beaux-Arts architecture—and the visionary City founder Harry H. Culver.
In 2007, the property was acquired and redesigned by hotelier Maya Mallick who thoughtfully restored the 46-room boutique hotel with inspiration from the building's rich history, the distinct elegance of the 1920s and a passion for vintage. The decor and European ambiance found throughout reflects an artistic, romantic approach, with its rooms and event spaces layering a happy pastiche of deep colors, rich textures, classic design pieces, and rare vintage furniture. The hotel's creative spirit includes an in-house art gallery with works by established and emerging local talent.
"Over the last 15 years, I have had the privilege of reimagining and reviving a beautiful piece of history, and creating an artful and lively destination in Los Angeles. I look forward to continuing the magic, together with Proper Hospitality as we approach our 2024 Centennial," said Maya Mallick, Owner and Creative Director of The Culver Hotel.
Today, The Culver Hotel continues to act as an enchanting community-gathering place and neighborhood beacon for the new energy coursing through downtown Culver City as it is uniquely situated next to The Culver Steps, The Culver Studios, Amazon Studios and walkable to a vibrant mix of dining, shopping and entertainment destinations. As part of its reopening, the property meets the bustling energy of its locale with a new on-site bistro and garden Lillie's, named in homage to Harry Culver's wife Lillian, which takes shape across three distinct spaces within the property - the grand lobby, dining room and outdoor garden.
Grounded in a sense of place, the menu—led by Proper Hospitality's culinary team and Executive Culinary Director Ned Elliott—reflects a thoughtful blend of modern French cuisine and California's seasonal bounty. Working closely with LA-based farmers and producers, the evolving menu includes an expansive raw bar program; classic and specialty cocktails; and a focus on natural and biodynamic wines. The menu mixes classic dishes like Steak Frites, grilled whole Branzino and French Onion Soup with standout signatures such as the Grand Aioli which pairs poached shrimp with a rich saffron aioli, Roasted Sea Scallops Amandine, Chilled Maine Lobster, and a luxurious and comforting Chicken dinner for two.
Further highlighting the ownership's dedication to curated cultural programming, the introduction of Lillie's will be accompanied by the awaited return of the property's signature lineup of live music - an element of European cafe culture which hotel guests and the community have enjoyed for the last decade. Later this fall, The Culver Hotel will reopen its speakeasy bar and private lounge for the most intimate of experiences.
With a range of approachable, all-day dining options, dynamic programming, exclusive amenities, a modern exercise room and over 5,500 square feet of meeting and indoor-outdoor event spaces, The Culver Hotel continues to be a timeless and luxury-minded destination for guests and locals alike to experience an authentic and distinctly Hollywood history through various touch points, warm hospitality and a tailor-made approach for every occasion.
"We are grateful that Maya and her family have put their trust in Proper Hospitality to take this special hotel to the next level while honoring its storied history," said Brian De Lowe, Co-Founder and President of Proper Hospitality. "Culver City is a coveted Westside destination and The Culver Hotel will showcase how we are able to create a feeling of belonging and connection for our clientele through our inspired dining concepts, signature style of service, and dynamic guest experiences."
Accommodations and special events at the national historic landmark hotel can be booked now by visiting www.culverhotel.com. Reservations for new on-site, European-inspired bistro and bar Lillie's can be booked through OpenTable here. Live music programming, featuring a rotating line up of contemporary jazz, folk and independent artists, will take place from Wednesday - Sunday from 7-10pm, starting August 17, 2022.
The Culver Hotel is located at 9400 Culver Blvd, Culver City, CA 90232.
Media Contact:
media@culverhotel.com
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SOURCE Proper Hospitality | https://www.whsv.com/prnewswire/2022/08/17/proper-hospitality-announces-management-operation-historic-culver-hotel-under-collective-family-brands-properties/ | 2022-08-17T19:49:51Z |
WASHINGTON, Aug. 17, 2022 /PRNewswire/ -- Redgrave Data, a full-service ALSP created to solve the most complicated and sophisticated data challenges, today announced that two of its leaders, Michael Kearney, Head Solutions Architect, and Dave Lewis, Chief Scientific Officer, have key speaking roles at ILTACON 2022 on Monday, August 22 and Thursday, August 25. ILTACON, considered to be one of the top legal tech shows, is a multi-day conference with comprehensive peer-driven programs, educational content, and face-to-face networking. The weeklong event includes industry experts within the legal community who collaborate to discover and evolve successful legal operation strategies for today's transforming legal industry.
Michael Kearney, Head Solutions Architect, Redgrave Data is speaking on "The Great Pivot: Leveraging eDiscovery Skills into New Career Paths" in the Main Level Maryland C room on Monday, August 22 at 2:30 p.m. EDT.
Dave Lewis, Chief Scientific Officer, Redgrave Data will address "AI Models: Does One Size Fit All?" in the Main Level Maryland C room Thursday, August 25 at 11:00 a.m. EDT.
ILTACON 2022 will be taking place at the Gaylord National Resort and Convention Center, located in National Harbor, Maryland.
If interested in booking an interview with either Michael Kearney and/or Dave Lewis, please contact Rian Smith with Plat4orm PR at rian@plat4orm.com.
Redgrave Strategic Data Solutions, LLC (Redgrave Data) provides innovative and defensible technology strategies, insights, services, and solutions to clients who face electronically stored information challenges. The firm's expertise in the intersection of technology and the law, including its hands-on approach to client data, allow it to address the toughest challenges in litigation, investigation, information governance, data privacy, and other regulatory matters. Affiliated with Redgrave LLP, the leading law firm specializing in information law, Redgrave Data is operated by an executive team comprised of industry luminaries in data and information governance, privacy, analytics, litigation, and eDiscovery. To learn more about the company, please visit https://www.redgravedata.com/
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SOURCE Redgrave Data | https://www.whsv.com/prnewswire/2022/08/17/redgrave-data-invited-present-premier-legal-tech-show-iltacon-2022/ | 2022-08-17T19:49:58Z |
RICHMOND, Ind., Aug. 17, 2022 /PRNewswire/ -- Richmond Mutual Bancorporation, Inc. (NASDAQ: RMBI) announced today that its Board of Directors has declared a cash dividend on Richmond Mutual Bancorporation common stock of $0.10 per share. The cash dividend will be payable on September 15, 2022 to stockholders of record as of the close of business on September 1, 2022.
About Richmond Mutual Bancorporation, Inc.
Richmond Mutual Bancorporation, Inc., headquartered in Richmond, Indiana, is the holding company for First Bank Richmond, a community-oriented financial institution offering traditional financial and trust services within its local communities through its eight locations in Richmond, Centerville, Cambridge City and Shelbyville, Indiana, its five locations in Sidney, Piqua and Troy, Ohio and its loan production office in Columbus, Ohio.
Forward-Looking Statements
Statements in this press release that are not historical facts may be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements often include words such as "believe," "expect," "anticipate," "estimate," and "intend" or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements, by their nature, are subject to risks and uncertainties that could cause actual results to differ materially from the results anticipated in such statements, including the effect of the COVID-19 pandemic on the Company's credit quality and business operations, as well as its impact on general economic and financial market conditions and other uncertainties such as the extent and duration of the impact of the pandemic on public health, the U.S. and global economies, and on consumer and corporate customers, employment levels and market liquidity. In addition, forward-looking statements also are subject to legislative changes; changes in policies by regulatory agencies; fluctuations in interest rates; the risks of lending and investing activities, including changes in the level and direction of loan delinquencies and write-offs and changes in estimates of the adequacy of the allowance for loan losses; the Company's ability to access cost-effective funding; fluctuations in real estate values and both residential and commercial real estate market conditions; demand for loans and deposits in the Company's market area; changes in management's business strategies; changes in the regulatory and tax environments in which the Company operates; and other factors set forth in the Company's filings with the SEC.
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SOURCE Richmond Mutual Bancorporation, Inc. | https://www.whsv.com/prnewswire/2022/08/17/richmond-mutual-bancorporation-inc-announces-quarterly-dividend/ | 2022-08-17T19:50:05Z |
The platform also unveils the industry's largest postseason ticket reservation marketplace in addition to tickets to this season's hottest sporting events, concerts and more
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- SI Tickets, the fan-first ticketing site from Sports Illustrated, today expands its $10 flat transaction fee on all ticket purchases, giving customers the opportunity to save over 20% compared to tickets purchased on other sites. Previously exclusive to purchases made using Venmo, SI Tickets is opening the nominal, flat transaction fee model to customers using PayPal, credit and debit cards, furthering the brand's commitment to sports and music fans as it enters its second year of operation.
First launched in June 2021, SI Tickets puts the fan experience first. In addition to its innovative, universal flat transaction fee, SI Tickets also guarantees a 100-percent refund if an event is canceled for any reason.
"Overwhelmingly, we heard the primary pain points for fans buying tickets to live events were the hidden fees and surprise charges at checkout," said David Lane, CEO, SI Tickets. "Our first-of-its-kind, fan-first, $10 flat fee pricing model was such a resounding success, we have decided to extend it to include all payment methods. With many sites charging anywhere from 25-35% in fees that aren't disclosed until check out, we are doubling down on our platform's already unparalleled pricing transparency and payment flexibility. So, whether you're spending $300 or $3,000 on SI Tickets, you can be confident the transaction fee will only be $10."
SI Tickets also provides the unique opportunity for fans to secure reservations to postseason college and pro sports games long before tickets become available from traditional online providers. This allows superfans to secure a seat should their favorite team make it and lock in the ticket price. Once the spot is reserved, tickets are guaranteed. Additionally, fans can resell their ticket reservations through the SI Tickets marketplace at any time.
"Every fan dreams of seeing their team in the playoffs and being there to see it live is often a once-in-a-lifetime experience," said Joe Flores, CMO, SI Tickets. "Our postseason ticket reservation platform gives fans an exclusive opportunity to secure affordable seats, delivering on our promise to provide the ultimate, fan-first, ticket-buying experience."
In addition to sporting events, SI Tickets offers ticket access to over 100,000 concerts, theatre and entertainment events across the globe.
For more information, visit sitickets.com or download the SI Tickets app on iOS and Android.
Entering its second year of operations, SI Tickets by Sports Illustrated is a fan-first ticketing marketplace, offering millions of tickets to more than 175,000 concerts, theatre and sporting events across the globe. SI Tickets puts the fan experience first - featuring transparent pricing with a $10 Flat Transaction Fee, unparalleled access to the biggest events and a guaranteed 100% refund if an event is canceled for any reason. With the largest audience in the industry, the SI Tickets marketplace connects more buyers and sellers than any other ticketing platform around the world.
For more information, visit sitickets.com or download the app on iOS and Android.
Follow Sports Illustrated on Twitter, Instagram, and Facebook.
Sports Illustrated (SI) is an unparalleled and influential leader recognized for shaping modern culture and uniting athletes, teams and fans worldwide. At the intersection of sports, lifestyle and entertainment, Sports Illustrated is a 360-degree enterprise that delivers immersive content, innovative digital experiences, unforgettable events, and original products. Its award-winning media arm brings powerful storytelling to life through probing profiles and up-to-date news on SI.com, across social media platforms and through the monthly print magazine. The most trusted name in sports transcends media through SI Tickets, a fan-first ticketing platform, SI Sportsbook, a digital sports betting platform, SI Studios, the brand's home for film, TV, and long form audio adaptations of SI's thought-provoking storytelling, and more. SI brings its unique and authentic perspective to marquee events and captivating brand activations including The Sportsperson of the Year Awards, "The Party", SI Swimsuit Launch Weekend and the SI Circuit Series.
For more information, visit SI.com.
Follow Sports Illustrated on Twitter, Instagram, and Facebook.
Authentic Brands Group (ABG) is a brand development, marketing and entertainment company, which owns a portfolio of global media, entertainment and lifestyle brands. Headquartered in New York City, with offices around the world, ABG elevates and builds the long-term value of more than 50 consumer brands and properties by partnering with best-in-class manufacturers, wholesalers and retailers. Its brands have a global retail footprint across the luxury, specialty, department store, mid-tier, mass and e-commerce channels and in more than 8,500 freestanding stores and shop-in-shops around the world.
ABG is committed to transforming brands by delivering compelling product, content, business and immersive experiences. It creates and activates original marketing strategies to drive the success of its brands across all consumer touchpoints, platforms and emerging media.
ABG's portfolio of iconic and world-renowned brands generates more than $21 billion in global annual retail sales, and includes Marilyn Monroe®, Elvis Presley®, Muhammad Ali®, Shaquille O'Neal®, David Beckham®, Dr. J®, Greg Norman®, Neil Lane®, Thalia®, Sports Illustrated®, Reebok®, Eddie Bauer®, Spyder®, Volcom®, Airwalk®, Nautica®, Izod®, Forever 21®, Aéropostale®, Juicy Couture®, Vince Camuto®, Lucky Brand®, Nine West®, Jones New York®, Frederick's of Hollywood®, Adrienne Vittadini®, Van Heusen®, Arrow®, Tretorn®, Tapout®, Prince®, Vision Street Wear®, Brooks Brothers®, Barneys New York®, Judith Leiber®, Herve Leger®, Frye®, Hickey Freeman®, Hart Schaffner Marx®, Thomasville®, Drexel® and Henredon®.
For more information, visit authenticbrands.com.
Follow ABG on Twitter, LinkedIn and Instagram.
Media Contact: Michelle Ciciyasvili, mciciyasvili@authenticbrands.com
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SOURCE Authentic Brands Group | https://www.whsv.com/prnewswire/2022/08/17/si-tickets-celebrates-its-first-anniversary-extends-its-10-flat-fee-all-payment-methods/ | 2022-08-17T19:50:11Z |
ALEXANDRIA, Va., Aug. 17, 2022 /PRNewswire/ -- Systems Planning and Analysis (SPA), Inc. is pleased to announce that Michelle Howell has joined the executive leadership team as Chief Human Resources Officer. Ms. Howell will oversee efforts to attract, retain, and develop SPA's growing workforce on three continents. She brings over two decades of experience shaping domestic and international talent strategies for several defense contracting companies while in senior leadership positions.
Ms. Howell is known for creating and strengthening a people-focused workplace culture and accelerating the digital work experience. Recognized for her leadership roles in workforce development and scaling HR functions, Ms. Howell counts among her professional accolades a special focus on women in leadership, employee engagement initiatives, and leadership development programs. She is an active member of the national Society for Human Resource Management and is also active in numerous charities and community programs.
SPA President and CEO William Vantine commented, "Since day one of SPA's 50-year history, our people have been our greatest asset. The values we share as we assist our clients with complex national security decisions continue to attract incredibly talented professionals. Adding Michelle to the team enables us to deepen our investment in the employee experience during a key time in SPA's expansive growth."
Systems Planning and Analysis, Inc. is a premier international provider of innovative, leading-edge solutions in support of complex National Security programs and defense priorities. SPA's capabilities include Advanced Analytics, Software Tool Development, System Engineering, Strategy, Policy and Compliance, and Integrated Program Management. SPA employees are subject matter experts in numerous domains, including Land, Undersea, Surface and Air Warfare Operations; Intelligence Community, Radar and Sensor Systems; Unmanned Systems and Counter Systems; Nuclear Deterrence Policy, Safety and Security; Defense Industrial Base; Space Systems; Ballistic Missile Systems; Cybersecurity policy; and Hypersonics.
Media Contact: Sue Nelowet, Director of Communications, snelowet@spa.com
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SOURCE Systems Planning and Analysis, Inc. | https://www.whsv.com/prnewswire/2022/08/17/systems-planning-analysis-announces-michelle-howell-chief-human-resources-officer/ | 2022-08-17T19:50:17Z |
Three-year sponsorship will produce fun and engaging activities and opportunities for little learners
SAN JOSE, Calif., Aug. 17, 2022 /PRNewswire/ -- The Tech Interactive has announced plans to create delightful and engaging resources for families to explore critical thinking and problem-solving skills through a new sponsorship from Stanford Medicine Children's Health. As part of the three-year program, The Tech will create a STEAM activity guide available at libraries and healthcare practices later this month. The agreement will also build new and exciting ways to encourage visitors to enjoy Climb The Cascade, presented by Stanford Medicine Children's Health, and develop another exciting attraction for visitors next year.
"We're thrilled to support such a creative and entertaining way to help kids discover their problem-solving potential," said Les Lifter, Chief Marketing Officer of Stanford Medicine Children's Health. "This sponsorship provides a winning opportunity for our shared community and creates a fantastic environment to help more kids and their families get excited about science."
Prior sponsorship from Stanford Medicine Children's Health made possible one of The Interactive's most popular attractions, Climb the Cascade. The engineering design activity encourages families to build a device that delivers a ball onto platforms of varying heights. Visitors put on hard hats, choose fun materials and explore mechanical engineering concepts by tweaking their designs over and over. It's not unusual to see innovators of all ages spend hours perfecting their device.
"We are grateful for this support at a time when so many families are looking for fun ways to enrich their kids' education during the pandemic," said Katrina Stevens, President and CEO of The Tech and learning sciences expert. "Delivering hands-on STEM activities anyone can do at home to waiting rooms and libraries will also go far in helping families fall in love with learning."
The activity guide will be available in English and Spanish starting this month.
About The Tech Interactive
The Tech Interactive is a family-friendly science and technology center in the heart of downtown San Jose. Our hands-on activities, experimental labs and design challenge experiences empower people to innovate with creativity, curiosity and compassion. The Tech is a world leader in the creation of immersive STEAM education resources to develop the next generation of problem-solvers locally, nationally and globally.
Inspiring the innovator in everyone. | thetech.org
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SOURCE The Tech Interactive | https://www.whsv.com/prnewswire/2022/08/17/tech-interactive-give-more-families-access-quality-learning-resources-through-sponsorship-stanford-medicine-childrens-health/ | 2022-08-17T19:50:23Z |
Annual For Fun Festival celebrates diversity and talent
PARIS, Aug. 17, 2022 /PRNewswire/ -- Teleperformance, a leading global group in digitally integrated business services, has opened its art submissions to the public for its For Fun Festival, the annual contest that celebrates diversity and talent throughout Teleperformance in the categories of art, music, dance and TP Originals. Now in its 12th year, the 2022 For Fun Festival was held in the Metaverse for the first time in April and began with a performance by Grammy award-winner Norah Jones who recorded an exclusive video for the festival singing her famous hit "Don't Know Why."
The music category was incredibly successful with more than 75 million views across social media platforms. Mae Oclarit from the Philippines and Edison Gabriel from Colombia were the first two finalists selected for the For Fun Festival's music category. While the music category has closed, there is still time to submit content for the other categories.
For the art category, Teleperformance partnered with multimedia artist LeDania who is known for her vibrant graffiti murals. LeDania created an exclusive digital art piece for the For Fun Festival. To enter the competition, participants need to have an account on TikTok or Instagram, upload their unique performance, follow Teleperformance on Instagram and TikTok, and add the hashtag #ForFunFestival2022 to be considered. As an added element for the art category, all submissions must incorporate the Teleperformance logo which can be found on the Teleperformance's Instagram and TikTok accounts.
"The entries for this year's For Fun Festival have been truly remarkable. It is an honor to have participants from all over the world join our employees in this celebration of diversity and talent," said Luciana Cemerka, Global Vice President of Marketing, Teleperformance.
The For Fun Festival began on April 22 and will end on December 12. Official contest rules, details, and information about the For Fun Festival 2022 can be found on TikTok. To learn more about Teleperformance's For Fun Festival visit https://teleperformance.com/for-fun-festival and follow Teleperformance on Twitter: @teleperformance.
Teleperformance (TEP – ISIN: FR0000051807 – Reuters: TEPRF.PA - Bloomberg: TEP FP), the global leader in outsourced customer and citizen experience management and related digital services, serves as a strategic partner to the world's largest companies in many industries. It offers a One Office support services model including end-to-end digital solutions, which guarantee successful customer interaction and optimized business processes, anchored in a unique, comprehensive high touch, high tech approach. Nearly 420,000 employees, based in 88 countries, support billions of connections every year in over 265 languages and around 170 markets, in a shared commitment to excellence as part of the "Simpler, Faster, Safer" process. This mission is supported by the use of reliable, flexible, intelligent technological solutions and compliance with the industry's highest security and quality standards, based on Corporate Social Responsibility excellence. In 2021, Teleperformance reported consolidated revenue of €7,115 million (US$8.4 billion, based on €1 = $1.18) and net profit of €557 million.
Teleperformance shares are traded on the Euronext Paris market, Compartment A, and are eligible for the deferred settlement service. They are included in the following indices: CAC 40, STOXX 600, S&P Europe 350, MSCI Global Standard and Euronext Tech Leaders. In the area of corporate social responsibility, Teleperformance shares are included in the Euronext Vigeo Euro 120 index since 2015, the EURO STOXX 50 ESG index since 2020, the MSCI Europe ESG Leaders index since 2019, the FTSE4Good index since 2018 and the S&P Global 1200 ESG index since 2017.
For more information: www.teleperformance.com Follow us on Twitter: @teleperformance
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SOURCE Teleperformance | https://www.whsv.com/prnewswire/2022/08/17/teleperformances-12th-annual-fun-festival-art-competition-is-now-open-public/ | 2022-08-17T19:50:30Z |
MILWAUKEE, Aug. 17, 2022 /PRNewswire/ -- TKO Miller is pleased to announce that GLK Foods, LLC (GLK), a world-leading producer of premium food products including sauerkraut and Oh Snap! pickled vegetable products, has divested its Sauerkraut Division to Fermented Food Holdings, Inc. (FFH).
GLK Foods is headquartered in Appleton, WI and has been a family-owned operation for four generations since 1900. GLK's Sauerkraut Division is the largest producer of sauerkraut in the world, serving grocery, foodservice, and industrial co-pack markets. The Sauerkraut Division produces in-house brands such as Cortland Valley, Flanagan, Silver Floss, and Saverne, and co-packages the majority of all North American sauerkraut brands including privately labeled and other industrial co-packaged brands. In addition to its market-leading sauerkraut business, GLK Foods also produces and markets the popular Oh Snap! line of pickled vegetables. This business will be retained by GLK Foods.
FFH is a food company dedicated to bringing together high-quality fermented food brands to reach a broader group of consumers and introduce them to the benefits of fermented foods. Founded in 2021 by Oliver Joost and Marcelo Marim, FFH seeks to leverage its partners' deep industry expertise to accelerate the growth of its portfolio, as well as the fermented foods category. For more information, visit fermentedfoodholdings.com.
TKO Miller, LLC is an independent, advisory-focused, middle-market investment bank. With over 130 years of collective transaction experience, TKO Miller provides merger and acquisition and financial advisory services for privately held and private equity-owned businesses nationwide, with a special focus on family- and founder-held businesses.
TKO Miller aims to bring value to clients by combining outstanding people with a results-oriented, flexible approach to transactions. Our services include company sales, recapitalizations, asset divestitures, and management buyouts. TKO Miller has a generalist focus but has served clients in a wide range of industries, including manufacturing, business services, consumer products, and industrial products and services. For more information, visit our website www.tkomiller.com
Contact: Katie Yde, (414) 375-2660
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SOURCE TKO Miller | https://www.whsv.com/prnewswire/2022/08/17/tko-miller-advises-glk-foods-llc-divestiture-its-sauerkraut-division/ | 2022-08-17T19:50:36Z |
SALT LAKE CITY, Aug. 17, 2022 /PRNewswire/ -- Xenocor, a Utah-based medical device company, today announced newly issued U.S. patent protection for the Saberscope system from the United States Patent and Trademark Office (USPTO). The Saberscope system is the world's first true HD, fog free, omnidirectional articulating, recyclable laparoscope.
With the Saberscope's innovative and disposable design, it sets itself apart from all other laparoscopes on the market today. All traditional laparoscopes present unnecessary patient risk, hassles, cost, workflow complexity and waste. Not only do they expose patients to potential cross contamination, they are also a leading source of OR fires and arc injuries. They provide inconsistent visualization due to aging components, fog and smoke and steam. They are all prone to fogging and have a limited visual field due to lack of articulation. They require substantial upfront capital costs. They require long setup procedures and complex logistics to be cleaned. Lastly, they produce significant waste in their cleaning process.
The Saberscope system addresses every one of these challenges. It is a disposable 5mm scope, so there is no risk of cross contamination. It is non-conducting and does not get hot enough to initiate combustion. It is brand new out of the box every time, is completely fog free and sees better through smoke and steam. It articulates to 90 degrees in every direction, requires little to no capital costs and requires no complex setup or sterilization logistics. Lastly, it is recyclable and creates less landfill and water waste than traditional scopes.
"Additional patent protection supports Xenocor's innovative design, assembly, system, utility, and use," said Charles DeCoster IV, Chief Executive Officer. "Xenocor's novel technology has the potential to significantly improve laparoscopic surgery and bring minimally invasive technology into the 21st century."
The Saberscope system is FDA cleared for use in laparoscopic and thoracoscopic surgery. Xenocor's devices have been used in over 300 live human cases.
Xenocor is a privately held company that designs, develops, and commercializes medical devices including the Saberscope system. Xenocor has 11 combined issued and pending U.S. and global patents.
View product video here: https://vimeo.com/505004139
Live procedures footage here: https://vimeo.com/505743964
Xenocor contact: (844) 936-6267; info@xenocor.com.
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SOURCE Xenocor, Inc. | https://www.whsv.com/prnewswire/2022/08/17/uspto-grants-xenocor-fourth-us-patent-achieving-increased-protection-their-novel-saberscope-system/ | 2022-08-17T19:50:43Z |
WILMINGTON, N.C. , Aug. 17, 2022 /PRNewswire/ -- For the second year in a row, Inc. Magazine has named Vantaca to the publication's annual Inc. 5000 list, the most prestigious ranking of the nation's fastest-growing private companies. Vantaca, an industry-leading software provider for association management companies, earned spot #628 on the list with record-breaking growth this past year. Over the past three years, Vantaca reported consistent fast-paced growth at a rate of 994%.
"Receiving this recognition again in 2022 is a reflection of another year of outstanding effort by the Vantaca team," said Ben Currin, CEO of Vantaca. "At Vantaca, we believe in and foster a culture of continuous innovation, unwavering commitment to our customers' experience, and winning as a team. I firmly believe that our team and culture were the primary drivers of another year of amazing growth and further, that these components are what will help us continue to accelerate our growth into the future."
Vantaca expects their hyper-growth to continue into 2023. Currin stated "we are excited to grow our team to nearly 150 employees by year-end, most of whom are based in our Wilmington, NC office." The Vantaca CEO attributes future growth and success to smart people, hard work, great leadership, and amazing customers.
The annual Inc. 5000 list represents a unique look at the most successful, private companies in the United States. Complete results of the Inc. 5000 can be found at www.inc.com/inc5000.
Vantaca provides a next-generation cloud solution for Community Association Management companies. Vantaca's Community Operating System redefines Homeowner Association (HOA) management and accounting with dynamic configurable workflows and extensive accounting automation. This single comprehensive system is fully integrated with leading industry banks to facilitate and automate financial operations in real-time. Vantaca clients work smarter, faster, and happier.
For more information, please visit www.vantaca.com
For up-to-date news, check out Vantaca's blog on their website, follow Vantaca on LinkedIn and Instagram, and listen to "Guilty By Association: The Vantaca Podcast" wherever you listen to podcasts.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success which can be found at http://www.inc.com/inc5000.
For more information, press only:
Calvin Keller, Senior Marketing Manager
Calvin.keller@vantaca.com
704-307-6228
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SOURCE Vantaca LLC | https://www.whsv.com/prnewswire/2022/08/17/vantaca-named-one-inc-5000s-fastest-growing-companies-america-second-straight-year/ | 2022-08-17T19:50:50Z |
Fifteen-year-old Roxanna Razeghian is wedged into her long, sleek, fiberglass kayak, getting ready for her first slalom kayaking race. She's on a man-made whitewater park in McHenry, Md., about three hours from Washington, D.C. Pre-fab rocks and re-circulating water form powerful hydraulics and eddies throughout the course. A couple dozen slalom poles hang over the water.
At the starting dock, Razeghian waits for her cue to go. She paddles toward the first drop, loses control of her kayak and capsizes. In a matter of seconds, she rolls the kayak upright and gets back on track — a seasoned move in this sport.
But Razeghian is not a veteran kayaker. Until a few weeks before, she had never paddled a course like this. She is part of a fledgling kayak team from Iran that has come to the U.S. to gain experience and training.
The tour came about because of the efforts of Razeghian's coach, Katayoon Ashraf. Ashraf had long wanted to form an Olympic-caliber slalom kayak team for Iranian women. She hoped to boost exposure to the sport in the Muslim world. But training on Iran's rivers was not possible.
"We have very beautiful natural rivers there," says Ashraf, "but we don't have any slalom courses."
So she contacted Chris Wiegand, a kayak coach in Colorado who ran a training program last summer with kayakers from China. Wiegand agreed to work with her. But when he brought the idea to the State Department and the U.S. Olympic Committee, Wiegand says, "they told me I was crazy."
Wiegand says the officials opposed bringing in the Iranian kayakers because of the tensions between the two countries. But he managed to convince them.
"This is not about government," Wiegand says. "This is about a people-to- people collaboration through sport."
Ashraf, Razeghian and two other Iranian teens received expedited visas. For five weeks, they got to train on rivers across the U.S. They kayaked in Colorado, North Carolina and Western Maryland. It was their first time paddling in big wild water.
But rocks and rapids weren't the only obstacles. There was the issue of clothing. The women's religious beliefs ruled out the typical shorts and tank tops.
Wiegand contacted sponsors to make sure they had the right equipment. For instance, he needed helmets that could accommodate a scarf underneath.
The sponsors came through. Companies donated not only helmets, but also breathable, lightweight apparel that covers the arms and legs.
In this race, the Iranians finished at the bottom of the rankings. They will need a lot more practice in order to qualify for the games in Beijing.
But their 5-week training program in the US ended on a high note. That's because they all went back home with new skills and lots of donated kayaking gear that might help them reach their Olympic dream. And the alliance between the two countries proved that collegiality between Iranians and Americans is possible — at least in the sporting world.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.keranews.org/2007-08-26/iranian-women-learn-top-kayaking-skills-in-u-s | 2022-08-17T19:53:08Z |
A$AP Rocky pleads not guilty to firearm assault charges
LOS ANGELES (AP) — Rapper A$AP Rocky has pleaded not guilty to felony assault with a firearm charges stemming from a 2021 confrontation in Hollywood.
He is accused of drawing a gun and firing it twice in the direction of a former friend during an argument in Hollywood in November 2021. He pleaded not guilty Wednesday to two counts of assault with a semiautomatic firearm and ordered to return to court on Nov. 2.
Los Angeles Superior Court Victoria B. Wilson ordered the rapper, whose legal name is Rakim Athelaston Mayers, to stay away from the former friend.
Mayers and two other men fled after he fired the gun, police said. He was first arrested in the incident at Los Angeles International Airport on April 20, and was released on bail the same day.
A member of the Harlem hip hop collective A$AP Mob, A$AP Rocky first made his mark in music with the single “Peso” in 2011. His 2013 debut album, “Long. Live. A$AP,” went to No. 1 on the Billboard 200, as did its 2015 follow-up, “At. Long. Last. A$AP.” He has been nominated for two Grammy Awards.
He is in a relationship with Rihanna, and the two had a son in May. Both have become as known for fashion trendsetting as for their music.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/08/17/aap-rocky-pleads-not-guilty-firearm-assault-charges/ | 2022-08-17T20:11:01Z |
Utility scams on the rise as summer temperatures soar
Experts say avoid scams by calling your utility company or viewing your account online
InvestigateTV - The Federal Trade Commission received more than 2.8 million fraud reports from people last year and recently issued a scam alert warning of fraudsters pretending to be utility companies.
When it comes to utility scams, Colleen Tressler with the FTC said fraudsters don’t just call or text. Sometimes they’ll show up at your front door pretending to be a contractor or a worker ready to take your personal information.
“Leave them at the door, close the door. You call your utility and report it,” said Tressler.
Monica Horton with the Better Business Bureau (BBB) warned consumers to be on guard. Utility scams tend to spike during extreme hot and cold months and this summer’s heat wave is no exception.
Consumer David Lee was recently targeted by scammers pretending to be his utility company, CenterPoint Energy.
Lee received a call telling him his electricity would be cut off because of non-payment. The caller-ID showed CenterPoint Energy.
Lee said he felt something was off since the call came on a holiday. He told the caller he would check his account and call them back. The caller disconnected.
Lee’s account was current when he checked it and his utility service was not interrupted.
According to the FTC and BBB, Lee did the right thing. If you are suspicious or concerned about a caller, always hang up and call the number listed on your bill or check your account online.
CenterPoint Energy sent a notice to customers about this scam and urged them to stay on high alert. They also have tips on their website on how to avoid being scammed by imposters.
If you receive a suspicious call or think you might have been contacted by an imposter, you can report it to the FTC or the BBB scam tracker.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/08/17/utility-scams-rise-summer-temperatures-soar/ | 2022-08-17T20:11:13Z |
AYESHA RASCOE, HOST:
We begin this hour with NPR national political correspondent Mara Liasson and news of a fiery crash at the U.S. Capitol overnight. Hi, Mara.
MARA LIASSON, BYLINE: Hi there, Ayesha.
RASCOE: So what do we know about this incident?
LIASSON: What we know is that just after 4 a.m., a man drove his car into the vehicle barricade at East Capitol Street and Second Street. When he was getting out of the car, it became engulfed in flames. He fired several shots into the air. When the police officers heard the sound of gunfire, they responded. They were approaching the man when he shot himself. He's dead. No one else was hurt. We don't know about his motive. It doesn't look like he was targeting any specific members of Congress. The officers did not fire their weapons. And an investigation is ongoing. That's what we know.
RASCOE: And this is especially concerning in light of threats against law enforcement and that attack on the FBI office in Cincinnati. So we'll certainly be watching for more details. Shifting to other news, President Biden says he's signing the Inflation Reduction Act into law this week. Give us some more detail on what's in the bill and when people will feel its effects.
LIASSON: What's in the bill is the most money ever to fight climate change, an extension of Obamacare subsidies, measures that will bring down drug prices, a minimum corporate tax. In terms of its effects on inflation, at least, even though it's called the Inflation Reduction Act, the effects will be not large and not very soon. But if you're thinking about buying an electric vehicle, if you're worried about your Obamacare subsidies or how you're going to pay for prescription drugs, you should feel the effects very soon. Now Democrats have a massive selling job to do because they need to convince people that they are getting a benefit and that Democrats in this case, only Democrats, are responsible for this because no Republicans voted yes.
RASCOE: So this comes after Biden - he signed a bipartisan bill designed to spur American semiconductor research and manufacturing. He also signed off on new funding for veterans exposed to toxic burn pits. You know, what explains this string of wins after what it seemed like, you know, the administration couldn't get anything together?
LIASSON: What explains it is that these things were extremely popular. On burn pits, for instance, there was broad bipartisan support among the public. So after holding up the bill, Republicans ended up capitulating and letting the bill pass. It's true for other things that Biden has passed - gun safety legislation, infrastructure law, a bill that will make American semiconductor manufacturing more competitive with China. In all those cases, Biden was legislating from the center out.
With the Inflation Reduction Act, formerly known as Build Back Better, it just took him and the Democrats in Congress a very long time to whittle down the price tag so that it was more accurately reflective of where the center was in American politics. And, you know, the Democratic Party has a potential advantage, if they're able to use it, which is that their coalition, which is very messy, is much broader than the Republicans. So theoretically, it should be easier for them to find the center of American politics because they represent it better than the Republicans, who are a minority party.
RASCOE: So Monday, you know, there was big news. The FBI searched former President Trump's property in Florida. But we learned in February that the National Archives had asked the Justice Department to look into his handling of classified material. So where do you think we are in the story?
LIASSON: Well, what we know is that a judge found probable cause that there was evidence of a crime at Mar-a-Lago. And now we know that the FBI is looking into the potential violation of a number of laws, the handling of classified documents, the handling of unclassified documents. And what this means is that Donald Trump is now the subject of a lot of investigations, not just Mar-a-Lago. There's his - an investigation into efforts to overturn the election in Georgia. There's a civil case in New York, maybe tax fraud. And remember, his 2016 campaign was all about lock her up. Remember that? Charging Hillary Clinton, saying she should be put in jail because she mishandled government documents, her emails. He even signed a law, Donald Trump did, making it a felony instead of a misdemeanor to mishandle classified documents. So here he is. He took the Fifth over 400 times in New York when he had to give a deposition in that case. And now his supporters are trying to say that he is the subject, the target of a politically motivated witch hunt. And the problem is that this is a grinding process, and these investigations are ongoing. And he has to fight all of them at once.
RASCOE: As you said, there have been a lot of investigations of Trump. But what do you think - like we are with this investigation where it stands now?
LIASSON: Well, I think the first quick and easy hot take was that it made him into a martyr, helped him politically, increased his chances of getting the nomination in 2024. But I think that over time, as more evidence comes out, I think this plus the January 6 Committee, plus the investigations in New York and Georgia are actually potentially diminishing Trump's powers and making more Republicans become more open to an alternative to him in 2024.
RASCOE: That's NPR national political correspondent Mara Liasson. Mara, thank you very much.
LIASSON: You're welcome. Transcript provided by NPR, Copyright NPR. | https://www.wyomingpublicmedia.org/2022-08-14/whats-in-the-sweeping-bill-affecting-climate-change-health-care-taxes-and-more | 2022-08-17T20:14:52Z |
October is high season for apples, which makes master baker Dorie Greenspan very happy.
In celebration of the season, the author of Baking: From My Home to Yours shares a recipe for tarte Tatin with Michele Norris.
The apple dessert resembles a cobbler, except it's French — and it's the terror of many a home baker.
But never fear, Greenspan says.
"You do it once, and you won't even need a recipe to do it again," she says.
"Think about a pineapple upside-down cake: What's at the bottom of the pan will eventually be the top of our dessert," Greenspan says.
"You can fuss and figure out a pattern, but somehow, no matter what you do, this tarte always looks beautiful."
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.keranews.org/2007-10-19/cookbook-author-celebrates-apple-season | 2022-08-17T20:19:13Z |
Target reported profit plunged 90% in the second quarter, falling far short of expectations, as inflation-weary customers pulled back on spending on nonessential items. A New York Target store is pictured on July 28.
Target reported profit plunged 90% in the second quarter, falling far short of expectations, as inflation-weary customers pulled back on spending on nonessential items.
But Target reported that its price cuts did little good: It ended the quarter with 1.5% more inventory than it had three months earlier and 36% more than it had a year ago.
The company said it reduced the amount of discretionary items it held in warehouses, but Target noted the sales on those items "put significant pressure on our near-term profitability."
Shares of Target fell 3% in morning trading on the report.
Plunging earnings, once again
Target's quarterly net income fell to $183 million, down significantly from $1.8 billion during the same period a year ago.
Plus, its adjusted earnings of 39 cents a share were far below the 72 cents forecast by analysts surveyed by Refinitiv. Sales of $26 billion were up slightly from a year ago and roughly in line with forecasts.
After seven quarters of strong profit growth, this marks the second-straight quarter of plunging earnings at Target — and this decline was much more significant than the 40% drop in the previous quarter.
Consumers' pullback on demand for discretionary items is one of the factors raising fears of a recession, as consumer spending is responsible for nearly three-quarters of the nation's economic activity.
Target's disappointing results came in contrast to much stronger results at larger rival Walmart, which Tuesday reported profit was down only slightly from a year earlier. Walmart also said it expects a 8% to 10% drop in annual earnings, though that's a narrower drop than it previously forecast.
'Feeling the impact of inflation'
The environment for Target and similar retailers remains "challenging," CEO Brian Cornell told investors Wednesday. But Target is seeing "an encouraging start to the back-to-school" shopping season, he said.
He believes the hit to earnings in the recent quarter shouldn't be repeated: "The high-level story is: The vast majority of the financial impact of these inventory actions is now behind us."
Still, it's a difficult time to be a retailer given the unpredictability of consumer spending activity and the effect of macro factors like inflation.
Target is "hearing from our guests is that they still have spending power but they're increasingly feeling the impact of inflation," said Christina Hennington, the company's chief growth officer. She said the drop in gas prices in the last two months was "encouraging," however.
These trends are not unique to Target. A recent government report echoed Hennington's comments, showing retail sales at general merchandise stores like Target fell 0.7% in July compared to June when adjusted for seasonal factors — even as overall retail sales remained essentially flat in the same period.
And spending at gas stations fell by $1.2 billion in July compared to June due to the lower gas prices Hennington mentioned.
Target's heavier dependence on discretionary vs. Walmart
These trends are hitting Target harder than rival Walmart, which gets a greater share of its sales and profits from essentials like groceries. Target typically depends more on those discretionary items.
Walmart has a reputation for offering the lowest prices among big-box retailers in many categories — but in its earnings report Tuesday, the company said sales to middle- and higher-income shoppers has increased. | https://www.kitv.com/news/business/target-profit-plunges-90-as-inflation-weary-shoppers-pull-back/article_08dce20b-940b-54b6-92c9-436e16d823b8.html | 2022-08-17T20:24:45Z |
Covid-19 vaccinations for children younger than 5 are beginning June 21 across the United States, marking a milestone in the nation's fight against the disease.
HONOLULU (KITV4) -- The Hawaii State Department of Health (DOH) reported 13 new deaths related to COVID-19 and 2,696 new infections over the last seven days in Hawaii. The total number of deaths stands at 1,619.
The statewide test positivity rate is 10.7%. -- the positivity rate in Honolulu County is 12.2%; on the Big Island it's 9.7%; in Maui County it's 11.5%; and on Kauai it is 13.4%. Since the start of the pandemic, there have been 335,518 total infections to date.
The new infections on each island stands as follows:
Oahu: 1,886
Hawaii Island: 338
Maui: 311
Kauai: 116
Molokai: 1
Lanai: 4
There were 40 new cases reported from Hawaii residents who were diagnosed out-of-state.
There have been 5,535 COVID cases reported in the last 14 days and 11,195 cumulative hospitalizations. There are 141 people currently hospitalized with COVID-19 – 77.2% of the population is fully vaccinated and 85.7% of state residents have had at least one dose.
More than 634,000 residents have also received their first COVID-19 booster shot – 44.6% of the eligible population. Another 11.3% of the population has gotten their second booster shot.
The percentage of completed their primary series of vaccinations, per county, stands as follows: | https://www.kitv.com/news/coronavirus/13-new-covid-related-deaths-2-696-new-infections-recorded-in-hawaii-doh-reports/article_88ec044c-1e5f-11ed-b8f7-3754eb790ec1.html | 2022-08-17T20:24:51Z |
KULA, Hawaii (KITV4) -- A Kula man is facing more than a dozen charges including attempted murder, terroristic threatening and weapons charges, after Maui police say he shot up a home in the Haiku area, Monday afternoon.
Officers were called out to the scene just after 1:30 p.m. Witnesses told police that the suspect, later identified as 55-year-old Shawn Medeiros, fired several rounds at the home before taking off in a white BMW SUV.
The homeowner, a 55-year-old woman, was not home at the time of the alleged incident, police said. While at the scene, police found 17 spent .223 caliber shell casings on the ground and an alert was put out for authorities to be on the lookout for the suspect’s vehicle.
Just after 5:30 p.m., the white SUV was spotted on Crater Road in Kula, police said. When officers tried to pull the vehicle over, the driver took off, leading police on a chase that led from Crater Road through various side streets in Makawao, before ending at Medeiros’ home in Kula, according to police.
When the chase arrived at Medeiros’ home, police say he tried to run inside but was tackled by officers before he could make it. Surveillance footage outside of the home recorded the encounter with police.
He was arrested on 13 complaints, including second-degree attempted murder, terroristic threatening, criminal property damage, and more. His bail was set at $750,000 and he remains in custody.
Investigators searched Medeiros’ home and vehicle and say they found an AR-15 rifle and over 400 cartridges of .223 caliber ammunition.
Police say two minor car crashes occurred during the chase. One occurred on Maha Road in Makawao when Mederios struck another vehicle’s front bumper, and the other at Medeiros’ Kula residence when Medeiros abruptly stopped, causing an MPD patrol vehicle to strike his vehicle from the rear. No one was injured during the alleged shooting, chase, and arrest, according to police.
Investigators have not said what prompted the incident nor did they say what relationship, if any, Medeiros had with the Haiku homeowner. This case remains under investigation.
Matthew has been the digital content manager for KITV4 since September 2021. Matthew is a prolific writer, editor, and self-described "newsie" who's worked in television markets in Oklahoma, California, and Hawaii. | https://www.kitv.com/news/crime/maui-man-arrested-after-allegedly-shooting-up-haiku-home-leading-police-on-chase/article_71dd4e94-1e61-11ed-8474-37d857e61e74.html | 2022-08-17T20:24:57Z |
Most monkeypox cases in the current outbreak have been linked to sexual activity, but research published on August 17 by the US Centers for Disease Control and Prevention offers new insight into other ways it may be spreading.
Most monkeypox cases in the current outbreak have been linked to sexual activity, but research published Wednesday by the US Centers for Disease Control and Prevention offers new insight into other ways it may be spreading.
A man noticed his first lesion and subsequently developed a rash about two weeks after attending a "large, crowded outdoor event at which he had close contact with others, including close dancing, for a few hours," according to researchers from Stanford University School of Medicine. He tested positive for monkeypox after seeking care at an emergency department about a week later.
The patient's "primary risk factor was close, nonsexual contact with numerous unknown persons at a crowded outdoor event," the researchers wrote, and the case "highlights the potential for spread at such gatherings, which may have implications for epidemic control."
The event he attended in the UK was not a rave and was not attended specifically or mostly by persons identifying as gay or bisexual, according to the researchers. While many attendees wore tank tops and shorts, he wore pants and a short-sleeve top. He did not notice anyone with skin lesions or who seemed ill, and he attended a few other similar events over the next four days.
According to CDC guidance, "monkeypox can spread to anyone" through close contact, which is often skin-to-skin, as well as intimate contact that includes sex, hugging, massage and kissing.
The patient -- a man in his 20s who recently returned to the US after travel to the UK -- did not report any sexual contact and did not have evidence of genital lesions. Samples of both saliva and nasal swabs tested positive for the virus, even though the patient did not report any related signs of illness such as fever, chills or cough.
An earlier analysis of monkeypox cases by the CDC found that early warning signs of illness are less common in the current outbreak compared with "typical" monkeypox. In about 2 in 5 cases, the illness started with the rash -- but no reported prodromal symptoms such as chills, headache or malaise.
These findings indicate that transmission may be "associated with clinical symptoms" and things like hotel bedding and high-touch areas in public settings may be modes of transmission.
However, despite no reported sexual contact, a rectal swab from the patient did test positive for the virus, which indicates "potential for sustained sexual transmission." | https://www.kitv.com/news/national/monkeypox-case-reported-in-man-whose-primary-risk-factor-was-close-nonsexual-contact-at-a/article_b5051c01-889a-599f-ba5c-9733e8dd8562.html | 2022-08-17T20:25:03Z |
A spacewalk was cut short just a few hours into what was intended to be a nearly seven-hour spacewalk after a Russian cosmonaut was repeatedly ordered to drop what he was working on and return to the International Space Station's airlock because of an issue with his spacesuit.
NASA officials said during a livestream that the cosmonaut, Oleg Artemyev, was never in any danger. Still, issues with the battery pack that powers his spacesuit were concerning enough for flight controllers to urgently order him to return to the space station and attach his suit to ISS power. The battery issues were causing "voltage fluctuations" in Artemyev's spacesuit, according to commentary on the spacewalk livestream.
Officials on the ground gave Artemyev several warnings that he needed to return to the airlock.
"Drop everything and start going back right away," was one of the last dispatches from the ground before Artemyev confirmed he was headed for the airlock. A few minutes later, he was able to re-enter the space station and hook his suit up to its power.
Cosmonaut Denis Matveev, who was working alongside Artemyev on the spacewalk, remained just outside the space station's airlock for more than an hour until flight controllers decided to end the spacewalk early because of Artemyev's spacesuit issues.
A Russian translator said on the livestream that Artemyev jokingly told flight controllers that he felt "better than when he started the spacewalk" after returning to the ISS.
The goal of Wednesday's spacewalk was for the two cosmonauts, Artemyev and Matveev, to install two cameras on the new European robotic arm, which is affixed to the space station's exterior on a Russian-controlled portion of the ISS.
Spacewalks are regular occurrences on the ISS, as astronauts and cosmonauts — the Russian term for astronaut — routinely need to exit the space station for maintenance, science experiments and other tasks. More than 250 spacewalks have been conducted outside the orbiting laboratory since it entered service about two decades ago, and they typically go off without a hitch.
This was the seventh spacewalk for Artemyev and the third for Matveev. Both men were wearing Russian-made Orlan spacesuits. There are also US-made EMU, or Extravehicular Mobility Unit, spacesuits onboard the ISS for spacewalks.
Both types of suits are designed to be entirely self-contained, providing all the air providing the sole barrier between astronauts and the deadly vacuum of space during spacewalks. They're equipped with communications equipment, ventilation, and enough air for the astronauts to breathe for hours on end. | https://www.kitv.com/news/national/spacewalk-cut-short-by-issue-with-russian-cosmonauts-spacesuit-drop-everything-and-start-going-back/article_3cc4fda9-d8a8-54e5-9525-5a197c9c1d72.html | 2022-08-17T20:25:09Z |
Danielle and Gabrielle Hall lost their mother, Martha Hall, to breast cancer in 2003. The sisters say their last Thanksgiving meal together with her revealed the holiday's true meaning.
"Mom was amazing," Gabrielle Hall said.
Danielle added, "She was determined and strong and intense and good at everything she did more than anybody else's mom that I knew."
"She's still better than everybody else's mom we know," Gabrielle said. The sisters laughed at the thought.
Danielle remembered the time that her mother sent her a poem. It said, "If you're having a bad day, bake a cake. And if it's still bad, put on a red dress."
After Martha Hall first went to the hospital, Danielle said, "I went out and bought a red skirt."
Gabrielle said she gave her mother a pair of red shoes, "and she would wear her red shoes to the chemotherapy. And she'd tell everybody there that you can't have a bad day if you're wearing red shoes."
"I just wish that I could remember her healthy," Gabrielle said.
The sisters remembered Martha Hall at the head of the table at her last meal, on Thanksgiving 2003. She was wearing pajamas and had an IV pole. She had battled cancer for 14 years, and after days of not being able to, Martha Hall ate.
She died 10 days later, at the age of 54.
Gabrielle said the experience "shifted our whole perspective of Thanksgiving, that we really had stuff to be thankful about. That we had Mom."
"The last time I saw her," Danielle said, "I had been telling her that we were going to be OK ... and we would take care of everybody, but she had done everything she could to teach us and love us and raise us. And it was time for her to let go ... that we loved her and she'd always be with us. "
Gabrielle and Daniele recorded their StoryCorps interview in 2005, when Danielle visited her sister in San Francisco for Thanksgiving.
"Before we eat, we will go around and say what we are thankful for — and it's not something minor," Gabrielle said. "Thanksgiving's a good time for us to remember."
This year, though they won't be together on the holiday, Danielle and Gabrielle Hall will remember their mother by wearing red shoes on Thanksgiving.
Produced for Morning Edition by Nadia Reiman with Michael Garofalo.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.keranews.org/2007-11-15/special-memories-of-a-final-thanksgiving-meal | 2022-08-17T20:33:56Z |
In news reports and viral videos, school board members across Texas have been confronted by parents opposed to books and curriculum dealing with race and LGBTQ issues.
But according to a new Houston Chronicle analysis, it’s politicians – not parents – behind the push to ban certain books from schools.
Chronicle education reporter Hannah Dellinger, who co-authored the seven-month investigation on banned books, joined Texas Standard to share more. Listen to the interview above or read the transcript below.
This transcript has been edited lightly for clarity:
Texas Standard: Seven months ago, that was maybe right around the first time we started seeing these waves of stories coming from school board meetings, especially in North Texas, it seemed. But it was really sort of all over Texas, right?
Hannah Dellinger: Yes. And we actually started reporting on this issue in October. And in our region, we saw this issue come up in at Katy ISD, as well as Spring Branch ISD. And that kind of catapulted us into this project.
So how exactly did you approach this when it came to the investigation?
So we sent out Public Information Act requests for any documents related to reviewing books for appropriateness, books being formally challenged or being removed. And when the information started coming back from those requests, we saw clearly that most of the reviews were done in response to [Republican state Rep.] Matt Krause’s letter that he was sent to districts.
What seemed to inspire Matt Krause to send out this letter in the first place?
We still don’t know where this list came from. He hasn’t responded to requests for interviews from the Houston Chronicle, but in other interviews, he said that he just wanted to raise the consciousness of parents about what’s in schools and wanted to give schools an idea of what books they had in their libraries.
» Texas Standard special report: ‘The end of last year will be with us’: Are Texas schools any safer since the Uvalde shooting?
Are you saying that the parents that are showing up at these meetings are not genuinely concerned about the content of these books? And we should talk about which books we’re specifically referring to.
This investigation isn’t to downplay the issue of parents getting involved in this; just, when it comes down to the books actually formally being reviewed, it’s been impacted more by politicians. But many conservative parents will say that any mention of sexuality or LGBTQ+ issues, or even the mention of a character within that community, is what they call sexual grooming – which, if you ask experts who try to prevent sexual violence, that’s not what sexual grooming is.
“Sexual grooming” is being used as a slur and a pejorative of late, and clearly with a political slant. But I want to understand: You found that the books that were being reviewed, scrutinized and banned seem to come from this list, correct?
Right. We found nearly 880 unique titles, and the books on Matt Krause’s list, there was 850 of them. And it really didn’t line up with the books on that list. There were some other ones also, but more than 1,300 of the books included a mention of an LGBTQ+ character or related issues, and around 600 of them included issues of race or had a main character that was a person of color.
Could you name some of these books, perhaps some of the more recognizable titles?
Sure. So the most reviewed book that we had was “Out of Darkness” by Ashley Hope Pérez, which is historical fiction based in Texas about an interracial relationship between two teens. And then the second most reviewed book that we found was “Me and Earl and the Dying Girl” by Jesse Andrews; it has a lot of descriptions of mental health issues, suicides, sexuality. And then”New Kid” by Jerry Craft, which is a children’s book that just kind of mentions microaggressions; it’s basically a book about a young Black child who is in a school that is predominantly white and who struggles and his experience in a school like that.
Did you talk with the school districts about the books that they have reviewed and some have banned, and what was their response?
So, for example, Katy ISD, quite a bit of books – they’ve reviewed 104 since 2018. And their response was that the books they removed were “pervasively vulgar.” But what we did find is that the responses weren’t always uniform. For example, a book that Katy ISD found “pervasively vulgar” was found to be appropriate in four other districts and remained for high school students.
Could you say a bit about the concerns that teachers, educators and others have had, should these books be banned or removed?
A lot of the teachers and librarians that we’ve spoken to have said that they’re getting personal attacks and threats for just simply trying to make books available to students if they choose to read them. Many of them cite studies that say that having books that represent diverse perspectives and backgrounds help engage students in learning and make them lifelong readers. In a time when we’re trying to regain all the learning loss since the start of the pandemic, teachers really are saying, ‘Why would we try to take resources away from students who want to read?’
I think that beyond the pedagogical, there has also been concern expressed by some that people of color, kids who are struggling, questioning their sexuality, this may enhance feelings of isolation.
Yeah, that’s definitely correct. All of the advocates that we’ve spoken to have said that this kind of tells those students that their experience not only doesn’t matter, it’s not allowed. A lot of the students who we have spoken to have said that it’s been very personally hurtful to be basically told that their life experience is invalidated.
Well, what then can be said about why we’re seeing this push now? What are you hearing on that front?
A lot of experts have told us that since the murder of George Floyd, this is kind of a push back to the movement to be more inclusive for people of color and to talk about issues such as systemic racism. And this is kind of like the backlash in the culture against that that movement. | https://www.keranews.org/education/2022-08-17/most-efforts-to-ban-books-from-texas-schools-are-politician-led-investigation-finds | 2022-08-17T20:39:57Z |
A$AP Rocky pleads not guilty to firearm assault charges
LOS ANGELES (AP) — Rapper A$AP Rocky has pleaded not guilty to felony assault with a firearm charges stemming from a 2021 confrontation in Hollywood.
He is accused of drawing a gun and firing it twice in the direction of a former friend during an argument in Hollywood in November 2021. He pleaded not guilty Wednesday to two counts of assault with a semiautomatic firearm and ordered to return to court on Nov. 2.
Los Angeles Superior Court Victoria B. Wilson ordered the rapper, whose legal name is Rakim Athelaston Mayers, to stay away from the former friend.
Mayers and two other men fled after he fired the gun, police said. He was first arrested in the incident at Los Angeles International Airport on April 20, and was released on bail the same day.
A member of the Harlem hip hop collective A$AP Mob, A$AP Rocky first made his mark in music with the single “Peso” in 2011. His 2013 debut album, “Long. Live. A$AP,” went to No. 1 on the Billboard 200, as did its 2015 follow-up, “At. Long. Last. A$AP.” He has been nominated for two Grammy Awards.
He is in a relationship with Rihanna, and the two had a son in May. Both have become as known for fashion trendsetting as for their music.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/08/17/aap-rocky-pleads-not-guilty-firearm-assault-charges/ | 2022-08-17T20:40:44Z |
Dodge ending production of Charger, Challenger in 2023
(Gray News) - Production of the current Dodge Charger and Challenger is ending in 2023.
Representatives with parent company Stellantis confirmed the decision this week in a news release, saying the company is ending production of those models in their current form next year.
Dodge shared that its iconic muscle cars would be celebrated in their final year with several new 2023 models, all including a commemorative “Last Call” under the hood plaque.
“We are celebrating the end of an era — and the start of a bright new electrified future — by staying true to our brand,” said Tim Kuniskis, Dodge brand chief executive officer.
The muscle cars first appeared in the 1960s and 1970s before being revived in the early 2000s.
Dodge said it plans to offer seven 2023 heritage-influenced models, celebrating the company’s history of its Charger and Challenger vehicles.
The new models will be offered on a first-come, first-served basis once they are available at top-selling Dodge dealerships. The automaker said it will give customers a guide for locating the vehicles at DodgeGarage.com.
According to Dodge, ordering and pricing information for the new 2023 models are expected to be released closer to the on-sale date.
Dodge’s announcement comes as automakers move away from gas-powered cars and invest more in electric vehicles.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/08/17/dodge-ending-production-charger-challenger-2023/ | 2022-08-17T20:40:50Z |
Hold the crust: Papa Johns creates crustless pizza with ‘Papa Bowls’
(Gray News) - Papa Johns has a new pizza item that comes without the crust.
The pizza chain announced earlier this month that it’s creating a new menu category featuring Papa Bowls.
According to Papa Johns, the bowls are a crustless innovation with ingredients baked into perfection.
The Papa Bowls are available in three flavors: Italian Meats Trio, Chicken Alfredo and Garden Veggie. Consumers could also build their own.
“We are very excited to offer Papa Bowls as a new menu category and as a new way consumers can experience our premium ingredients,” said Scott Rodriguez, Papa Johns Senior Vice President of Menu Strategy and Product Innovation.
The pizza chain said the bowls are currently available for its reward members and nationwide starting on Aug. 22 at $7.99.
According to Papa Johns, the specialty bowls feature the following ingredients:
- Italian Meats Trio features signature pizza and alfredo sauces, layered with Papa Johns signature pepperoni, sausage, meatballs, green peppers, onions and tomatoes. Topped with three melty kinds of cheese and sprinkled with Italian seasoning.
- Chicken Alfredo features creamy alfredo and garlic parmesan sauces and juicy grilled chicken, complete with spinach, mushrooms, onions and tomatoes, then topped with a melty three cheese blend and Italian seasoning.
- Garden Veggie includes spinach, mushrooms, onions, green peppers, tomatoes and banana peppers baked in a bowl with Papa Johns signature pizza sauce and garlic parmesan, covered in three melty kinds of cheese and topped with Italian seasoning.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/08/17/hold-crust-papa-johns-creates-crustless-pizza-with-papa-bowls/ | 2022-08-17T20:40:57Z |
Kim Legg announced as Director of Prevention for GameChanger
FAIRMONT, W.Va. (WVVA) - GameChanger, West Virginia schools’ Substance Misuse Prevention Movement, welcomes Kim Legg as their Director of Prevention.
Legg, a Nationally Certified School Psychologist from Cabell County Schools, is a West Virginia local and Marshall University graduate with a Bachelor’s Degree in Psychology, a Masters in Psychology, and an Education Specialist Degree.
Jim Justice, Governor of West Virginia and Head Coach of GameChanger expressed his excitement with having Legg join the GameChanger team.
“As a West Virginian herself she is another shining example of how we always step up in this state to help others. I have all the confidence in the world that she will do an amazing job, and that her efforts will have a profound impact on the lives of so many kids.” says Justice.
The duties of the new Director of Prevention will include working directly with the Prevention Education Staff and directing a team of coaches in each GameChanger school.
Legg will begin her duties on August 15.
Copyright 2022 WVVA. All rights reserved. | https://www.wvva.com/2022/08/17/kim-legg-announced-director-prevention-gamechanger/ | 2022-08-17T20:41:04Z |
Utility scams on the rise as summer temperatures soar
Experts say avoid scams by calling your utility company or viewing your account online
InvestigateTV - The Federal Trade Commission received more than 2.8 million fraud reports from people last year and recently issued a scam alert warning of fraudsters pretending to be utility companies.
When it comes to utility scams, Colleen Tressler with the FTC said fraudsters don’t just call or text. Sometimes they’ll show up at your front door pretending to be a contractor or a worker ready to take your personal information.
“Leave them at the door, close the door. You call your utility and report it,” said Tressler.
Monica Horton with the Better Business Bureau (BBB) warned consumers to be on guard. Utility scams tend to spike during extreme hot and cold months and this summer’s heat wave is no exception.
Consumer David Lee was recently targeted by scammers pretending to be his utility company, CenterPoint Energy.
Lee received a call telling him his electricity would be cut off because of non-payment. The caller-ID showed CenterPoint Energy.
Lee said he felt something was off since the call came on a holiday. He told the caller he would check his account and call them back. The caller disconnected.
Lee’s account was current when he checked it and his utility service was not interrupted.
According to the FTC and BBB, Lee did the right thing. If you are suspicious or concerned about a caller, always hang up and call the number listed on your bill or check your account online.
CenterPoint Energy sent a notice to customers about this scam and urged them to stay on high alert. They also have tips on their website on how to avoid being scammed by imposters.
If you receive a suspicious call or think you might have been contacted by an imposter, you can report it to the FTC or the BBB scam tracker.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/08/17/utility-scams-rise-summer-temperatures-soar/ | 2022-08-17T20:41:10Z |
Volunteers needed as work begins to rebuild Fayette County communities
SMITHERS, W.Va. (WVVA) - Fayette County Sheriff’s deputies say more volunteers are needed to help residents rebuild after a flood tore through several Fayette County communities earlier in the week.
The scene in Cannelton Hollow in Smithers still looked more like a war zone on Wednesday than the typically quiet street that houses many elderly residents. Mayor Anne Cavalier said that at least a 100 homes were badly damaged by not only the high water, but sewer running through the city.
“I’m sure the sewer will be fixed. I’m sure the water will be fixed. Power lines that are leaning, they will be fixed. What we don’t know right now is who will be able to stay in their homes.”
Robert Van Meter, 76, of Cannelton Hollow, said his home was utterly overwhelmed by the floods. His first floor is gone, along with his washing machine, dryer, and heat pump. “I can’t do it. I’m too old. And I just don’t have it in me anymore.”
Crews from the Southern Baptist Convention Disaster Team arrived on Monday to help residents like Van Meter rebuild. Their first step is to assess the damage. Next, they said they will help residents take out anything affected by the flood.
“We do it all for free. It’s our way of showing the love of Christ and giving them hope in a very difficult time,” said Ted Duty, one of the organization’s volunteers.
Mayor Cavalier praised residents who have been stepping up to help their neighbors. “You don’t want this to happen anywhere, but if it has to happen, it’s good to happen in a small town because people take care of people.”
With Fayette County Schools starting next week, Mayor Cavalier said it is important to note the county will be moving its emergency shelter. Starting on Friday afternoon, the county will move all operations from Valley Pre-K-8 to the old Valley Elementary School, which now serves as Smithers City Hall.
Copyright 2022 WVVA. All rights reserved. | https://www.wvva.com/2022/08/17/volunteers-needed-work-begins-rebuild-fayette-county-communities/ | 2022-08-17T20:41:18Z |
Hold the crust: Papa Johns creates crustless pizza with ‘Papa Bowls’
(Gray News) - Papa Johns has a new pizza item that comes without the crust.
The pizza chain announced earlier this month that it’s creating a new menu category featuring Papa Bowls.
According to Papa Johns, the bowls are a crustless innovation with ingredients baked into perfection.
The Papa Bowls are available in three flavors: Italian Meats Trio, Chicken Alfredo and Garden Veggie. Consumers could also build their own.
“We are very excited to offer Papa Bowls as a new menu category and as a new way consumers can experience our premium ingredients,” said Scott Rodriguez, Papa Johns Senior Vice President of Menu Strategy and Product Innovation.
The pizza chain said the bowls are currently available for its reward members and nationwide starting on Aug. 22 at $7.99.
According to Papa Johns, the specialty bowls feature the following ingredients:
- Italian Meats Trio features signature pizza and alfredo sauces, layered with Papa Johns signature pepperoni, sausage, meatballs, green peppers, onions and tomatoes. Topped with three melty kinds of cheese and sprinkled with Italian seasoning.
- Chicken Alfredo features creamy alfredo and garlic parmesan sauces and juicy grilled chicken, complete with spinach, mushrooms, onions and tomatoes, then topped with a melty three cheese blend and Italian seasoning.
- Garden Veggie includes spinach, mushrooms, onions, green peppers, tomatoes and banana peppers baked in a bowl with Papa Johns signature pizza sauce and garlic parmesan, covered in three melty kinds of cheese and topped with Italian seasoning.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/08/17/hold-crust-papa-johns-creates-crustless-pizza-with-papa-bowls/ | 2022-08-17T21:16:39Z |
Police find puppy after she was stolen along with pickup truck
Published: Aug. 17, 2022 at 4:58 PM EDT|Updated: 18 minutes ago
PORTLAND, Ore. (KPTV/Gray News) - A 6-month-old basset hound named Lola has been returned to her owner in Oregon after she was abducted in their stolen pickup truck on Tuesday.
Lola was inside a blue 2016 Dodge 1500 crew cab parked outside a Portland gas station when the truck was stolen at noon, according to police.
Police said that a handgun was also inside the truck.
Lola and the truck were recovered a few hours later, but the handgun was not found.
Police said Lola was “a bit tired after this ordeal, but in good spirits.”
Copyright 2022 KPTV via Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/08/17/police-find-puppy-after-she-was-stolen-along-with-pickup-truck/ | 2022-08-17T21:16:46Z |
June 2022 quarter: net sales up 13% and up 6% on a comparable constant currency basis; GAAP operating income of $252 million; Adjusted EBIT up 9% on a comparable constant currency basis
Fiscal 2022 Full Year Highlights
- Net sales of $14,544 million, up 13%;
- GAAP Net Income of $805 million; GAAP earnings per share (EPS) of 52.9 cps;
- Adjusted EPS of 80.5 cps, up 11% on a comparable constant currency basis, at the top end of guidance range;
- Adjusted EBIT of $1,701 million, up 7% on a comparable constant currency basis;
- Adjusted Free Cash Flow of $1,066 million in line with guidance;
- Significant increase in cash returns to shareholders: annual dividend increased to 48.0 cents per share; $600 million of shares repurchased (approximately 3% of outstanding shares); and
- Fiscal 2023 outlook: Adjusted EPS growth on a comparable constant currency basis of 3-8% including an adverse impact of approximately 4% from higher interest expense (adjusted EPS of 80-84 cents per share on a reported basis). Adjusted Free Cash Flow of $1.0-$1.1 billion and approximately $400 million of share repurchases.
ZURICH, Aug. 17, 2022 /PRNewswire/ -- Amcor CEO Ron Delia said:
"Fiscal 2022 was another outstanding year for Amcor. Our financial performance accelerated throughout the year as we delivered our strongest quarter in June with organic sales growth of 6% and adjusted EBIT growth of 9%. For the full year, strong execution resulted in 11% adjusted EPS growth, at the top end of our guidance range and supported by organic sales growth of 4%. We generated over $1 billion in adjusted free cash flow, supporting $600 million in share repurchases and an increase in what we believe is a very compelling dividend."
"This is our third consecutive year of accelerating top line growth, and we expect to sustain this momentum including by stepping up investments in areas such as higher value-add priority segments. This gives us confidence the business will deliver another year of strong underlying EPS growth in the range of 7% to 12%. We also plan to continue returning capital to shareholders while actively exploring opportunities for value-creating acquisitions across our portfolio."
"Amcor has consistently delivered on our investment case and in fiscal 2022 we added further to the company's strong track record for long-term shareholder value creation. The many opportunities we see for continued underlying growth give us confidence in our outlook and we look forward to continuing to deliver on our strategic and financial objectives."
Key Financials(1)
Cash Returns to Shareholders
Amcor generates significant cash flow, maintains strong credit metrics and is committed to an investment grade credit rating. This annual cash flow provides substantial capacity to simultaneously reinvest in the business for organic growth, pursue acquisitions and return cash to shareholders through a compelling and growing dividend as well as regular share repurchases.
Dividend
The Amcor Board of Directors today declared a quarterly cash dividend of 12.0 cents per share. Combined with the last three quarterly dividends, this increases the annual dividend for fiscal 2022 to 48.0 US cents per share. The quarterly dividend declared today will be paid in US dollars to holders of Amcor's ordinary shares trading on the NYSE. Holders of CDIs trading on the ASX will receive an unfranked dividend of 17.26 Australian cents per share, which reflects the quarterly dividend of 12.0 cents per share converted at an average AUD:USD exchange rate of 0.6951 over the five trading days ended August 8, 2022.
The ex-dividend date will be September 7, 2022, the record date will be September 8, 2022 and the payment date will be September 28, 2022.
Share repurchases
$600 million was used to repurchase shares in fiscal 2022, which reduced the total number of shares issued and outstanding by approximately 3%.
Amcor expects to allocate approximately $400 million of cash towards share repurchases in the 2023 fiscal year.
2022 financial results
Segment Information
Full year net sales for the Amcor Group increased by 13% on a reported basis, which includes price increases of approximately $1,530 million (representing 12% growth) related to the pass through of higher raw material costs and a combined unfavorable impact of 3% related to items affecting comparability and currency.
Full year net sales were 4% higher than the same period last year on a comparable constant currency basis largely reflecting favorable price/mix. Full year volumes were also higher than the prior year.
Full year adjusted EBIT of $1,701 million was 7% higher than last year on a comparable constant currency basis. Adjusted EBIT margins of 11.7% remained strong despite an adverse impact of 140 basis points related the pass through of higher raw material costs and return on average funds employed expanded by 90 basis points to 16.3%.
For the June quarter, net sales for the Amcor Group of $3,909 million increased by 13% on a reported basis and 6% on a comparable constant currency basis mainly reflecting strong price/mix benefits. June quarter volumes were also higher than the prior year. Adjusted EBIT for the June quarter of $505 million was 9% higher than the same quarter last year on a comparable constant currency basis.
On a reported basis, full year net sales of $11,151 million were 11% higher, which includes price increases of approximately $1,091 million (representing 11% growth) related to the pass through of higher raw material costs and a combined unfavorable impact of 4% related to items affecting comparability and currency. Full year net sales were 4% higher than the prior period on a comparable constant currency basis reflecting favorable price/mix.
On a reported basis, net sales for the June quarter of $2,967 million were 10% higher than the same quarter last year and 6% higher on a comparable constant currency basis, reflecting favorable price/mix. Adjusted EBIT was 11% higher than the same quarter last year on a comparable constant currency basis.
Amcor continues to successfully execute its long-term strategy of driving growth in priority high value segments and end markets which has driven strong mix benefits in each quarter of fiscal 2022. Persistent supply chain disruptions had a dampening effect on volume growth in some categories through the year, and in parts of the business actions were taken to direct constrained materials to their highest value use, which also had a favorable impact on mix. As a result, overall volumes for the June quarter and full year were broadly in line with the same period last year.
In North America, full year net sales grew in the mid single digit range driven by a balance of favorable mix and higher volumes. Volumes were higher in the medical, condiments, liquid beverage and confectionary end markets, partly offset by lower coffee and frozen food volumes.
In Europe, full year net sales grew in the mid single digit range driven by strong mix. Higher volumes across a broad range of end markets including pet food, healthcare, premium coffee, meat and confectionary were more than offset by lower film and foil rollstock volumes.
Full year net sales and volumes grew at mid single digit rates across the Asian emerging markets. In Latin America, net sales grew at mid single digit rates and while volumes were lower than the same period last year, this was more than offset by price/mix which continued to strengthen through the year.
Full year adjusted EBIT of $1,517 million was 9% higher than in the prior period on a comparable constant currency basis reflecting growth in priority high value segments, inflation recovery and strong cost performance.
Adjusted EBIT margins of 13.6% remained strong despite an adverse impact of 150 basis points related the pass through of higher raw material costs.
On a reported basis, full year net sales of $3,393 million were 20% higher than the prior year, which includes price increases of approximately $439 million (representing 16% growth) related to the pass through of higher raw material costs. Full year net sales were 5% higher than the prior period on a comparable constant currency basis reflecting volume growth of 3% and a favorable price/mix benefit of 2%.
On a reported basis, net sales for the June quarter of $942 million were 23% higher than the same quarter last year, and 5% higher on a comparable constant currency basis reflecting volume growth of 3% and a favorable price/mix benefit of 2%. In line with expectations, adjusted EBIT was 5% higher than the June quarter last year on a comparable constant currency basis.
In North America, full year beverage volumes were 1% higher than the prior year. Full year hot fill container volumes were up 2% against a strong prior year of 13% growth (up 4% in the June quarter, also against a strong prior year June quarter) reflecting continued growth in key categories. Specialty container volumes continued to improve sequentially in the June quarter, but on a full year basis volumes were lower than last year which benefited from a strong first half in the home and personal care category.
In Latin America, full year volumes grew at a double digit rate with higher volumes in Argentina, Colombia, Mexico, and Peru. The business achieved its strongest volume growth for the year in the June quarter, led in part by strength in Brazil.
Full year adjusted EBIT of $289 million reflects lower earnings in North America, partly offset by higher earnings in Latin America. Through the first half of the year, the business in North America was adversely impacted by industry wide supply chain disruptions and shortages of key raw materials. Operating conditions and financial performance improved sequentially with adjusted EBIT for the June 2022 quarter increasing by 5% compared to the prior year period, building on 4% adjusted EBIT growth delivered in the March 2022 quarter.
Net interest and income tax expense
Net interest expense for the twelve months ended June 30, 2022 was $135 million compared with $139 million in the same period last year. GAAP Income tax expense was $300 million compared with $261 million last year. Excluding amounts related to non-GAAP adjustments, adjusted tax expense for the twelve months ended June 30, 2022 was $332 million compared with $312 million in the same period last year. Adjusted tax expense represents an effective tax rate of 21.2% (21.1% in the same period last year).
Free Cash Flow
Adjusted Free Cash Flow for fiscal 2022 was $1,066 million and compares with $1,099 million last year. EBITDA growth was offset by the adverse working capital impact from higher inventory levels and higher raw material costs. Capital expenditure increased by $59 million, or 13%, to $527 million as the Company increased investments in strategic organic growth opportunities. Working capital performance remained stable through fiscal 2022 with Amcor's twelve month average working capital to sales ratio below 8%.
Net debt was $5,715 million at June 30, 2022, and leverage, measured as net debt divided by adjusted trailing twelve month EBITDA, was 2.7 times.
Update on Businesses in Russia and Ukraine
After a thorough review of all strategic options, Amcor has made the decision to pursue the sale of its three factories in Russia. While it is difficult to determine the exact timing for finalization, the Company is working towards completion during the second half of the 2023 fiscal year.
Until that time, Amcor remains committed to supporting its employees and customers, while preserving value for shareholders through an orderly sale process. The Company is also undertaking proactive initiatives to help offset the future impact of divested earnings.
Assets and liabilities of the Russian business have been classified as held for sale at June 30, 2022. Impairment and restructuring charges related to the Russia and Ukraine operations of approximately $200 million were recognized in the June 2022 quarter and have been excluded from adjusted earnings.
Fiscal 2023 Guidance
For the twelve-month period ending June 30, 2023, the Company expects:
- Adjusted EPS of approximately 80 to 84 cents per share on a reported basis which includes:
◦ Growth of approximately 3-8% on a comparable constant currency basis comprising approximately 5-10% growth from the underlying business performance and a benefit of approximately 2% from share repurchases, partially offset by a negative impact of approximately 4% related to higher estimated net interest expense;
◦ A negative impact of approximately 2% related to the scale down and planned sale of the Company's three plants in Russia; and
◦ A negative impact of approximately 2% related to a stronger US dollar, assuming current foreign exchange rates prevail through the balance of fiscal 2023.
- Adjusted Free Cash Flow of approximately $1.0 to $1.1 billion.
- Approximately $400 million of cash to be allocated towards share repurchases.
Amcor's guidance contemplates a range of factors which create a degree of uncertainty and additional complexity when estimating future financial results. Further information can be found under 'Cautionary Statement Regarding Forward-Looking Statements' in this release.
Conference Call
Amcor is hosting a conference call with investors and analysts to discuss these results on Wednesday August 17, 2022 at 5:30pm US Eastern Daylight Time / Thursday August 18, 2022 at 7:30am Australian Eastern Standard Time. Investors are invited to listen to a live webcast of the conference call at our website, www.amcor.com, in the "Investors" section.
Those wishing to access the call should use the following toll-free numbers, with the Conference ID: 8080870
- US & Canada – 888 440 4149
- Australia – 1800 953 093
- United Kingdom – 0800 358 0970
- Singapore – +65 3159 5133 (local number)
- Hong Kong – +852 3002 3410 (local number)
From all other countries, the call can be accessed by dialing +1 646 960 0661 (toll).
A replay of the webcast will also be available on www.amcor.com following the call.
About Amcor
Amcor is a global leader in developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home and personal-care, and other products. Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve supply chains through a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that is increasingly lighter weight, recyclable and reusable, and made using an increasing amount of recycled content. In fiscal year 2022, 44,000 Amcor people generated $15 billion in annual sales from operations that span 220 locations in 43 countries. NYSE: AMCR; ASX: AMC
www.amcor.com I LinkedIn I Facebook I Twitter I YouTube
Contact Information
UK Overseas Company Number: BR020803
Registered Office: 3rd Floor, 44 Esplanade, St Helier, JE4 9WG, Jersey
Jersey Registered Company Number: 126984, Australian Registered Body Number (ARBN): 630 385 278
Cautionary Statement Regarding Forward-Looking Statements
This document contains certain statements that are "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are generally identified with words like "believe," "expect," "target," "project," "may," "could," "would," "approximately," "possible," "will," "should," "intend," "plan," "anticipate," "commit," "estimate," "potential," "ambitions," "outlook," or "continue," the negative of these words, other terms of similar meaning, or the use of future dates. Such statements are based on the current expectations of the management of Amcor and are qualified by the inherent risks and uncertainties surrounding future expectations generally. Actual results could differ materially from those currently anticipated due to a number of risks and uncertainties. None of Amcor or any of its respective directors, executive officers, or advisors provide any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements will actually occur. Risks and uncertainties that could cause actual results to differ from expectations include, but are not limited to: changes in consumer demand patterns and customer requirements; the loss of key customers, a reduction in production requirements of key customers; significant competition in the industries and regions in which Amcor operates; failure by Amcor to expand its business; challenging current and future global economic conditions, including inflation and supply chain disruptions; impact of operating internationally, including negative impacts from the Russia-Ukraine conflict and the ability to sell assets in Russia; price fluctuations or shortages in the availability of raw materials, energy, and other inputs; disruptions to production, supply, and commercial risks, which may be exacerbated in times of economic volatility; global health outbreaks, including COVID-19; an inability to attract and retain key personnel; costs and liabilities related to current and future environment, health, and safety laws and regulations; labor disputes; risks related to climate change; failures or disruptions in information technology systems; cybersecurity risks; a significant increase in indebtedness or a downgrade in the credit rating; foreign exchange rate risk; rising interest rates; a significant write-down of goodwill and/or other intangible assets; failure to maintain an effective system of internal control over financial reporting; inability of the Company's insurance policies to provide adequate protections; challenges to or the loss of intellectual property rights; litigation, including product liability claims; increasing scrutiny and changing expectations with respect to Amcor Environmental, Social and Governance policies resulting in increased costs; changing government regulations in environmental, health, and safety matters; changes in tax laws or changes in our geographic mix of earnings; and other risks and uncertainties identified from time to time in Amcor's filings with the U.S. Securities and Exchange Commission (the "SEC"), including without limitation, those described under Item 1A. "Risk Factors" of Amcor's annual report on Form 10-K for the fiscal year ended June 30, 2021 and any subsequent quarterly reports on Form 10-Q. You can obtain copies of Amcor's filings with the SEC for free at the SEC's website (www.sec.gov). Forward-looking statements included herein are made only as of the date hereof and Amcor does not undertake any obligation to update any forward-looking statements, or any other information in this communication, as a result of new information, future developments or otherwise, or to correct any inaccuracies or omissions in them which become apparent, except as expressly required by law. All forward-looking statements in this communication are qualified in their entirety by this cautionary statement.
Presentation of non-GAAP information
Included in this release are measures of financial performance that are not calculated in accordance with U.S. GAAP. These measures include adjusted EBIT (calculated as earnings before interest and tax), adjusted net income, adjusted earnings per share, adjusted free cash flow and net debt. In arriving at these non-GAAP measures, we exclude items that either have a non-recurring impact on the income statement or which, in the judgment of our management, are items that, either as a result of their nature or size, could, were they not singled out, potentially cause investors to extrapolate future performance from an improper base. While not all inclusive, examples of these items include:
- material restructuring programs, including associated costs such as employee severance, pension and related benefits, impairment of property and equipment and other assets, accelerated depreciation, termination payments for contracts and leases, contractual obligations, and any other qualifying costs related to the restructuring plan;
- material sales and earnings from disposed or ceased operations and any associated profit or loss on sale of businesses or subsidiaries;
- consummated and identifiable divestitures agreed to with certain regulatory agencies as a condition of approval for those acquisitions;
- impairments in goodwill and equity method investments;
- material acquisition compensation and transaction costs such as due diligence expenses, professional and legal fees, and integration costs;
- material purchase accounting adjustments for inventory;
- amortization of acquired intangible assets from business combination;
- significant property impairments, net of insurance recovery;
- payments or settlements related to legal claims;
- impacts from hyperinflation accounting; and
- impacts related to the Russia-Ukraine conflict.
Amcor also evaluates performance on a comparable constant currency basis, which measures financial results assuming constant foreign currency exchange rates used for translation based on the average rates in effect for the comparable prior year period. In order to compute comparable constant currency results, we multiply or divide, as appropriate, current-year U.S. dollar results by the current year average foreign exchange rates and then multiply or divide, as appropriate, those amounts by the prior-year average foreign exchange rates. We then adjust for other items affecting comparability. While not all inclusive, examples of items affecting comparability include the difference between sales or earnings in the current period and the prior period related to acquired, disposed, or ceased operations. Comparable constant currency net sales performance also excludes the impact from passing through movements in raw material costs.
Management has used and uses these measures internally for planning, forecasting and evaluating the performance of the Company's reporting segments and certain of the measures are used as a component of Amcor's Board of Directors' measurement of Amcor's performance for incentive compensation purposes. Amcor believes that these non-GAAP measures are useful to enable investors to perform comparisons of current and historical performance of the Company. For each of these non-GAAP financial measures, a reconciliation to the most directly comparable U.S. GAAP financial measure has been provided herein. These non-GAAP financial measures should not be construed as an alternative to results determined in accordance with U.S. GAAP. The Company provides guidance on a non-GAAP basis as we are unable to predict with reasonable certainty the ultimate outcome and timing of certain significant forward-looking items without unreasonable effort. These items include but are not limited to the impact of foreign exchange translation, restructuring program costs, asset impairments, possible gains and losses on the sale of assets, and certain tax related events. These items are uncertain, depend on various factors, and could have a material impact on U.S. GAAP earnings and cash flow measures for the guidance period.
Dividends
Amcor has received a waiver from the ASX's settlement operating rules, which will allow the Company to defer processing conversions between its ordinary share and CDI registers from September 6, 2022 to September 7, 2022 inclusive.
U.S. GAAP Condensed Consolidated Statements of Income (Unaudited)
U.S. GAAP Condensed Consolidated Statements of Cash Flows (Unaudited)
U.S. GAAP Condensed Consolidated Balance Sheets (Unaudited)
Reconciliation of Non-GAAP Measures
Reconciliation of adjusted Earnings before interest, tax, depreciation and amortization (EBITDA),
Earnings before interest and tax (EBIT), Net income, and Earnings per share (EPS)
Reconciliation of adjusted EBIT by reporting segment
Reconciliations of adjusted Free Cash Flow
Reconciliation of net debt
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SOURCE Amcor | https://www.whsv.com/prnewswire/2022/08/17/amcor-reports-strong-fiscal-2022-financial-results-provides-outlook-fiscal-2023/ | 2022-08-17T21:16:58Z |
SACRAMENTO, Calif., Aug. 17, 2022 /PRNewswire/ -- The California Lawyers Association (CLA) congratulates President Jeremy M. Evans on his recent appointment to the Executive Council of the National Conference of Bar Presidents (NCBP).
Evans was elected this month to a three-year term on the council, which serves as the governing body for the organization. NCBP's mission is to provide high-quality programming to bar leaders across the country.
In 2021, Evans was elected to a two-year term as president of the California Lawyers Association. From 2019 to 2021, he served as the secretary of CLA's charitable arm and partner, the California Lawyers Foundation. In 2021, the California Supreme Court appointed him to the Blue Ribbon Commission on the Future of the Bar Exam, which will make recommendations on the exam and whether to adopt alternative or additional testing or tools to ensure minimum competence to practice law.
"The California Lawyers Association commends Jeremy on this new role, which will allow him to share ideas and collaborate with bar association presidents across the country," said Oyango A. Snell, CLA's CEO and Executive Director. "We appreciate Jeremy's leadership, partnership, and support and are excited for the new opportunities his involvement in NCBP will bring to our organization and the California legal community."
ABOUT CALIFORNIA LAWYERS ASSOCIATION
Established in 2018, California Lawyers Association is the statewide voluntary bar association for all California attorneys. CLA's mission is to promote excellence, diversity, and inclusion in the legal profession and fairness in the administration of justice and the rule of law. Visit us at www.calawyers.org to learn more about CLA or follow us on Facebook, LinkedIn, or Twitter.
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SOURCE California Lawyers Association | https://www.whsv.com/prnewswire/2022/08/17/california-lawyers-association-congratulates-president-jeremy-m-evans-national-bar-leadership-role/ | 2022-08-17T21:17:05Z |
GREENWOOD VILLAGE, Colo., Aug. 17, 2022 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder, today announced that its Board of Directors has declared a quarterly cash dividend of $0.20 per share. This dividend is payable on September 14, 2022 to stockholders of record as of the close of business on August 31, 2022.
About Century Communities:
Century Communities, Inc. (NYSE: CCS) is a top 10 national homebuilder, offering new homes under the Century Communities and Century Complete brands. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Colorado-based company operates in 17 states and over 45 markets across the U.S., and also offers title, insurance and lending services in select markets through its Parkway Title, IHL Home Insurance Agency, and Inspire Home Loans subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.
Contact Information:
Tyler Langton, Senior Vice President of Investor Relations
303-268-8345
Tyler.Langton@CenturyCommunities.com
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SOURCE Century Communities, Inc. | https://www.whsv.com/prnewswire/2022/08/17/century-communities-announces-quarterly-cash-dividend/ | 2022-08-17T21:17:12Z |
SAN JOSE, Calif., Aug. 17, 2022 /PRNewswire/ --
News Summary:
- Cisco ended fiscal 2022 with Q4 revenue at $13.1 billion, flat year over year and fiscal year revenue of $51.6 billion, up 3% year over year
- Strong demand with record full year product orders and backlog
- Progress on business model transformation with total Annualized Recurring Revenue (ARR) at $22.9 billion in the fourth quarter of fiscal 2022, up 8% year over year
- Q4 FY 2022 Results:
- Flat year over year
- GAAP EPS decreased (4)% year over year
- Non-GAAP EPS decreased (1)% year over year
- FY 2022 Results:
- Increase of 3% year over year
- GAAP EPS increased 13% year over year
- Non-GAAP EPS increased 4% year over year
- Q1 FY 2023 Guidance:
- FY 2023 Guidance:
Cisco today reported fourth quarter and fiscal year results for the period ended July 30, 2022. Cisco reported fourth quarter revenue of $13.1 billion, net income on a generally accepted accounting principles (GAAP) basis of $2.8 billion or $0.68 per share, and non-GAAP net income of $3.4 billion or $0.83 per share.
"We had a strong end to our fiscal year thanks to our Q4 performance. Our teams executed well in the midst of an incredibly dynamic environment, resulting in the highest full year non-GAAP earnings per share in the history of the company," said Chuck Robbins, chair and CEO of Cisco. "Full year product orders and backlog are both at record highs and reflect the strong demand we continue to see for our innovation and the overall value we bring to our customers as they accelerate their digital transformation."
"Total revenue exceeded our expectations in Q4, as a result of our strong execution and the numerous initiatives we have taken to reduce the impact of the global supply situation," said Scott Herren, CFO of Cisco. "Our operational discipline is reflected in our healthy operating margin and strong cash flow generation, enabling us to return nearly $4 billion to our shareholders in Q4. And we continue to make good progress in our business model transformation with RPO of over $31 billion, which, coupled with our record backlog, provide us with substantial visibility and confidence in our future revenue."
Reconciliations between net income, EPS, and other measures on a GAAP and non-GAAP basis are provided in the tables located in the section entitled "Reconciliations of GAAP to non-GAAP Measures."
Financial Summary
All comparative percentages are on a year-over-year basis unless otherwise noted.
Q4 FY 2022 Highlights
Revenue -- Total revenue was flat at $13.1 billion, with both product revenue and service revenue flat year over year. Revenue by geographic segment was: Americas down 3%, EMEA up 8%, and APJC down 2%. Product revenue performance was led by growth in End-to-End Security up 20%, Optimized Application Experiences up 8%, and Collaboration up 2%. Secure, Agile Networks was down 1% and Internet for the Future was down 10%.
Gross Margin -- On a GAAP basis, total gross margin, product gross margin, and service gross margin were 61.3%, 59.1%, and 67.5%, respectively, as compared with 63.6%, 62.7%, and 66.2%, respectively, in the fourth quarter of fiscal 2021.
On a non-GAAP basis, total gross margin, product gross margin, and service gross margin were 63.3%, 61.3%, and 69.0%, respectively, as compared with 65.6%, 65.0%, and 67.4%, respectively, in the fourth quarter of fiscal 2021.
Total gross margins by geographic segment were: 62.6% for the Americas, 64.4% for EMEA and 63.6% for APJC.
Operating Expenses -- On a GAAP basis, operating expenses were $4.6 billion, down 4%, and were 35.0% of revenue. Non-GAAP operating expenses were $4.1 billion, down 4%, and were 30.9% of revenue.
Operating Income -- GAAP operating income was $3.4 billion, down 4%, with GAAP operating margin of 26.2%. Non-GAAP operating income was $4.2 billion, down 4%, with non-GAAP operating margin at 32.4%.
Provision for Income Taxes -- The GAAP tax provision rate was 17.6%. The non-GAAP tax provision rate was 18.5%.
Net Income and EPS -- On a GAAP basis, net income was $2.8 billion, a decrease of 6%, and EPS was $0.68, a decrease of 4%. On a non-GAAP basis, net income was $3.4 billion, a decrease of 3%, and EPS was $0.83, a decrease of 1%.
Cash Flow from Operating Activities -- $3.7 billion for the fourth quarter of fiscal 2022, a decrease of 18% compared with $4.5 billion for the fourth quarter of fiscal 2021.
FY 2022 Highlights
Revenue -- Total revenue was $51.6 billion, an increase of 3%.
Net Income and EPS -- On a GAAP basis, net income was $11.8 billion, an increase of 12%, and EPS was $2.82, an increase of 13%. On a non-GAAP basis, net income was $14.1 billion, an increase of 3% compared to fiscal 2021, and EPS was $3.36, an increase of 4%.
Cash Flow from Operating Activities -- $13.2 billion for fiscal 2022, a decrease of 14% compared with fiscal 2021.
Balance Sheet and Other Financial Highlights
Cash and Cash Equivalents and Investments -- $19.3 billion at the end of the fourth quarter of fiscal 2022, compared with $20.1 billion at the end of the third quarter of fiscal 2022, and compared with $24.5 billion at the end of fiscal 2021.
Remaining Performance Obligations (RPO) -- $31.5 billion, up 2% in total, with 54% of this amount to be recognized as revenue over the next 12 months. Product RPO were up 6% and service RPO were down 1%.
Deferred Revenue -- $23.3 billion, up 5% in total, with deferred product revenue up 11%. Deferred service revenue was up 1%.
Capital Allocation -- In the fourth quarter of fiscal 2022, we returned $4.0 billion to stockholders through share buybacks and dividends. We declared and paid a cash dividend of $0.38 per common share, or $1.6 billion, and repurchased approximately 54 million shares of common stock under our stock repurchase program at an average price of $44.02 per share for an aggregate purchase price of $2.4 billion. The remaining authorized amount for stock repurchases under the program is $15.2 billion with no termination date.
Guidance
Cisco expects to achieve the following results for the first quarter of fiscal 2023:
Cisco estimates that GAAP EPS will be $0.64 to $0.68 for the first quarter of fiscal 2023.
Cisco expects to achieve the following results for fiscal 2023:
Cisco estimates that GAAP EPS will be $2.77 to $2.88 for fiscal 2023.
Our Q1 FY 2023 and FY 2023 guidance assumes an effective tax provision rate of 19% for GAAP and non-GAAP results.
A reconciliation between the Guidance on a GAAP and non-GAAP basis is provided in the tables entitled "GAAP to non-GAAP Guidance" located in the section entitled "Reconciliations of GAAP to non-GAAP Measures."
Editor's Notes:
- Q4 fiscal year 2022 conference call to discuss Cisco's results along with its guidance will be held on Wednesday, August 17, 2022 at 1:30 p.m. Pacific Time. Conference call number is 1-888-848-6507 (United States) or 1-212-519-0847 (international).
- Conference call replay will be available from 4:00 p.m. Pacific Time, August 17, 2022 to 4:00 p.m. Pacific Time, August 24, 2022 at 1-866-517-3736 (United States) or 1-203-369-2047 (international). The replay will also be available via webcast on the Cisco Investor Relations website at https://investor.cisco.com.
- Additional information regarding Cisco's financials, as well as a webcast of the conference call with visuals designed to guide participants through the call, will be available at 1:30 p.m. Pacific Time, August 17, 2022. Text of the conference call's prepared remarks will be available within 24 hours of completion of the call. The webcast will include both the prepared remarks and the question-and-answer session. This information, along with the GAAP to non-GAAP reconciliation information, will be available on the Cisco Investor Relations website at https://investor.cisco.com.
Except as noted above, this guidance does not include the effects of any future acquisitions/divestitures, asset impairments, Russia-Ukraine war costs, restructurings, (gains) and losses on equity investments and significant tax matters or other events, which may or may not be significant unless specifically stated.
Forward Looking Statements, Non-GAAP Information and Additional Information
This release may be deemed to contain forward-looking statements, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, among other things, statements regarding future events (such as our ability to execute in an incredibly dynamic environment, the success of numerous initiatives we have taken to reduce the impact of the global supply situation, the success of our strategy and confidence in our long-term growth, the fundamental drivers across our business being strong, strong demand for our innovation and the solutions we bring to our customers as they accelerate their digital transformation resulting in record backlogs, continued progress on our business model transformation shifting to more software and subscriptions, and our commitment to returning excess capital to our shareholders and confidence in our ongoing cash flows) and the future financial performance of Cisco (including the guidance for Q1 FY 2023 and full year FY 2023) that involve risks and uncertainties. Readers are cautioned that these forward-looking statements are only predictions and may differ materially from actual future events or results due to a variety of factors, including: the impact of the COVID-19 pandemic and related public health measures; business and economic conditions and growth trends in the networking industry, our customer markets and various geographic regions; global economic conditions and uncertainties in the geopolitical environment; overall information technology spending; the growth and evolution of the Internet and levels of capital spending on Internet-based systems; variations in customer demand for products and services, including sales to the service provider market and other customer markets; the return on our investments in certain priorities, key growth areas, and in certain geographical locations, as well as maintaining leadership in Secure, Agile Networks and services; the timing of orders and manufacturing and customer lead times; significant supply constraints; changes in customer order patterns or customer mix; insufficient, excess or obsolete inventory; variability of component costs; variations in sales channels, product costs or mix of products sold; our ability to successfully acquire businesses and technologies and to successfully integrate and operate these acquired businesses and technologies; our ability to achieve expected benefits of our partnerships; increased competition in our product and service markets, including the data center market; dependence on the introduction and market acceptance of new product offerings and standards; rapid technological and market change; manufacturing and sourcing risks; product defects and returns; litigation involving patents, other intellectual property, antitrust, stockholder and other matters, and governmental investigations; our ability to achieve the benefits of restructurings and possible changes in the size and timing of related charges; cyber-attacks, data breaches or malware; vulnerabilities and critical security defects; terrorism; natural catastrophic events (including as a result of global climate change); any other pandemic or epidemic; our ability to achieve the benefits anticipated from our investments in sales, engineering, service, marketing and manufacturing activities; our ability to recruit and retain key personnel; our ability to manage financial risk, and to manage expenses during economic downturns; risks related to the global nature of our operations, including our operations in emerging markets; currency fluctuations and other international factors; changes in provision for income taxes, including changes in tax laws and regulations or adverse outcomes resulting from examinations of our income tax returns; potential volatility in operating results; and other factors listed in Cisco's most recent reports on Forms 10-Q and 10-K filed on May 25, 2022 and September 9, 2021, respectively. The financial information contained in this release should be read in conjunction with the consolidated financial statements and notes thereto included in Cisco's most recent reports on Forms 10-Q and 10-K as each may be amended from time to time. Cisco's results of operations for the three months and the year ended July 30, 2022 are not necessarily indicative of Cisco's operating results for any future periods. Any projections in this release are based on limited information currently available to Cisco, which is subject to change. Although any such projections and the factors influencing them will likely change, Cisco will not necessarily update the information, since Cisco will only provide guidance at certain points during the year. Such information speaks only as of the date of this release.
This release includes non-GAAP net income, non-GAAP gross margins, non-GAAP operating expenses, non-GAAP operating income and margin, non-GAAP effective tax rates, non-GAAP interest and other income (loss), net, and non-GAAP net income per share data for the periods presented. It also includes future estimated ranges for gross margin, operating margin, tax provision rate and EPS on a non-GAAP basis.
These non-GAAP measures are not in accordance with, or an alternative for, measures prepared in accordance with generally accepted accounting principles and may be different from non-GAAP measures used by other companies. In addition, these non-GAAP measures are not based on any comprehensive set of accounting rules or principles. Cisco believes that non-GAAP measures have limitations in that they do not reflect all of the amounts associated with Cisco's results of operations as determined in accordance with GAAP and that these measures should only be used to evaluate Cisco's results of operations in conjunction with the corresponding GAAP measures.
Cisco believes that the presentation of non-GAAP measures when shown in conjunction with the corresponding GAAP measures, provides useful information to investors and management regarding financial and business trends relating to its financial condition and its historical and projected results of operations.
For its internal budgeting process, Cisco's management uses financial statements that do not include, when applicable, share-based compensation expense, amortization of acquisition-related intangible assets, acquisition-related/divestiture costs, significant asset impairments and restructurings, significant litigation settlements and other contingencies, Russia-Ukraine war costs, gains and losses on equity investments, the income tax effects of the foregoing and significant tax matters. Cisco's management also uses the foregoing non-GAAP measures, in addition to the corresponding GAAP measures, in reviewing the financial results of Cisco. In prior periods, Cisco has excluded other items that it no longer excludes for purposes of its non-GAAP financial measures. From time to time in the future there may be other items that Cisco may exclude for purposes of its internal budgeting process and in reviewing its financial results. For additional information on the items excluded by Cisco from one or more of its non-GAAP financial measures, refer to the Form 8-K regarding this release furnished today to the Securities and Exchange Commission.
Annualized Recurring Revenue represents the annualized revenue run-rate of active subscriptions, term licenses, and maintenance contracts at the end of a reporting period, net of rebates to customers and partners as well as certain other revenue adjustments. Includes both revenue recognized ratably as well as upfront on an annualized basis.
About Cisco
Cisco (Nasdaq: CSCO) is the worldwide leader in technology that powers the Internet. Cisco inspires new possibilities by reimagining your applications, securing your data, transforming your infrastructure, and empowering your teams for a global and inclusive future. Discover more at newsroom.cisco.com and follow us on Twitter at @Cisco.
Copyright © 2022 Cisco and/or its affiliates. All rights reserved. Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. To view a list of Cisco trademarks, go to: www.cisco.com/go/trademarks. Third-party trademarks mentioned in this document are the property of their respective owners. The use of the word partner does not imply a partnership relationship between Cisco and any other company. This document is Cisco Public Information.
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SOURCE Cisco Systems, Inc. | https://www.whsv.com/prnewswire/2022/08/17/cisco-reports-fourth-quarter-fiscal-year-2022-earnings/ | 2022-08-17T21:17:18Z |
RANCHO CUCAMONGA, Calif., Aug. 17, 2022 /PRNewswire/ -- Grown by the community, for the community, eight gardens across the Inland Empire – including one that involves fish – are providing access to fresh fruits and vegetables for neighbors facing food insecurity.
For the last year, Inland Empire Health Plan (IEHP) has worked closely with community partners to support these gardens, including an inspiring collaboration with Music Changing Lives (MCL) Chief Executive Officer Josiah Bruny, to bring a new community garden to San Bernardino.
Located on the corner of Electric Avenue and North 40th Street in San Bernardino – once one of the largest dumping sites in the city – the land has been transformed into MCL's Urban Garden. In addition to addressing food insecurity, the garden aims to provide a safe space where neighbors can come together to learn, exercise, eat, explore, relax and have fun.
Home to Soulful Sunday events every fourth Sunday of the month, local residents are invited to visit the garden for gardening workshops and various volunteer opportunities, while enjoying music, food and more. Information on Soulful Sunday events can be found on MCL's Facebook page.
"The best part about this project is that it's all led by the community," said Bruny. "Working together, we can bring more love to the region and those who need it most. We look forward to leveling up in our efforts to make the Inland Empire a better place for us all."
In addition to sponsorship, IEHP supports the garden by providing volunteers through the company's team member Helping Hearts program and Health Education team. Volunteers work alongside program leaders pulling weeds, planting trees, spreading mulch, building garden beds and irrigating crops.
"Through the right partnerships, compassion and drive to heal and inspire the human spirit, these gardens are thriving and bringing a diversity of wellness opportunities to our neighbors," said IEHP Senior Community Health Director Cesar Armendariz. "We appreciate the love Music Changing Lives has for the Inland Empire and the people who live here and look forward to continuing to plant and harvest more gardens for a healthier community."
The health plan also provided sponsorship to "Jardín Comunitario de la Salud" – Spanish for "Community Garden of Health" – to help support a large aquaponics garden at the Loma Linda University Health SACHS clinic in San Bernardino.
The first of its kind in the Inland Empire, the garden is home to a large quantity of fish that work symbiotically, nourishing garden beds and working to create food that can be harvested and consumed by the community.
Gardens are located in Rancho Cucamonga, Ontario, Jurupa, Perris and San Bernardino. For more information on local community gardens, visit: riversidefoods.org.
To our media friends, IEHP is happy to help arrange photo, video and interview opportunities at any of these garden sites – yes, including the garden that has put fish to work!
With a mission to heal and inspire the human spirit, Inland Empire Health Plan (IEHP) is one of the top 10 largest Medicaid health plans and the largest not-for-profit Medicare-Medicaid plan in the country. In its 26th year, IEHP is supporting more than 1.5 million residents in Riverside and San Bernardino counties who are enrolled in Medicaid or Cal MediConnect Plans and has a growing network of over 7,800 providers and nearly 3,000 team members. Through dynamic partnerships with providers and community organizations, paired with award-winning service and a tradition of quality care, IEHP is fully committed to their vision: We will not rest until our communities enjoy optimal care and vibrant health. For more information, visit iehp.org.
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SOURCE Inland Empire Health Plan (IEHP) | https://www.whsv.com/prnewswire/2022/08/17/community-gardens-nourish-with-food-fish-fellowship/ | 2022-08-17T21:17:25Z |
IRVING, Texas, Aug. 17, 2022 /PRNewswire/ -- Darling Ingredients Inc. (NYSE: DAR) ("Darling" or the "Company") today announced the closing of its private offering of $250.0 million aggregate principal amount of its unsecured senior notes due 2030 (the "add-on notes"). The add-on notes were issued as additional notes under the same indenture (the "base indenture"), as supplemented by a supplemental indenture (together with the "base indenture", the "indenture") as Darling's existing 6% senior notes due 2030, $750.0 million in aggregate principal amount of which were issued on June 9, 2022 (the "initial notes"). The add-on notes have the same terms as the initial notes (other than issue date and issue price) and will, together with the initial notes, constitute a single class of securities under the indenture. The add-on notes bear interest at 6% per annum, payable semi-annually in arrears on June 15 and December 15 of each year, commencing on December 15, 2022. Interest on the add-on notes will accrue from, and including, June 9, 2022, the first day of the current interest period for the initial notes. The add-on notes will be guaranteed by all of Darling's subsidiaries that are "restricted subsidiaries" under the indenture (other than foreign subsidiaries and other than Valley Proteins, LLC and Valley Proteins (DE), LLC, which guarantee the senior secured facilities (as defined below) and will guarantee the initial notes and the add-on notes within 20 business days of the date that such entities guaranteed the senior secured facilities) that are borrowers under or that guarantee Darling's senior secured credit facilities under its second amended and restated credit agreement dated January 6, 2014, as amended ("senior secured facilities").
Darling intends to use the proceeds from the offering of the add-on notes (i) for general corporate purposes, including the repayment of indebtedness and (ii) to pay the costs, commissions, fees, and expenses incurred in connection with the offering of the add-on notes (including the initial purchasers' discount). Darling may temporarily apply proceeds to reduce revolving credit indebtedness or invest in cash equivalents, U.S. government securities and other high-quality debt investments pending application of the proceeds.
The add-on notes and related guarantees will be offered in the United States to persons reasonably believed to be "qualified institutional buyers" in reliance on Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and outside the United States to non‑U.S. persons in reliance on Regulation S under the Securities Act. The add-on notes and related guarantees will not be registered under the Securities Act or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy the add-on notes and related guarantees, nor shall there be any offer to sell, solicitation of an offer to buy or sale of the add-on notes and related guarantees, in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
About Darling
Darling Ingredients Inc. (NYSE: DAR) is the largest publicly traded company turning food waste into sustainable products and a leading producer of renewable energy. Recognized as a sustainability leader, the company operates 250 plants in 17 countries and repurposes nearly 15% of the world's meat industry waste streams into value-added products, such as green energy, renewable diesel, collagen, fertilizer, animal proteins and meals and pet food ingredients.
Cautionary Statements Regarding Forward-Looking Information
This press release contains "forward-looking" statements that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the statements. Statements that are not statements of historical facts are "forward-looking" statements and are made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Words such as "estimate," "project," "planned," "contemplate," "potential," "possible," "proposed," "intend," "believe," "anticipate," "expect," "may," "will," "would," "should," "could" and similar expressions are intended to identify "forward-looking" statements. "Forward-looking" statements are based on the Company's current expectations and assumptions regarding its business, the economy and other future conditions. The Company cautions readers that any such "forward-looking" statements it makes are not guarantees of future performance and that actual results may differ materially from anticipated results or expectations expressed in its "forward-looking" statements as a result of a variety of factors, including many that are beyond the Company's control. These factors include, among others, existing and unknown future limitations on the ability of the Company's direct and indirect subsidiaries to make their cash flow available to the Company for payments on the Company's indebtedness or other purposes; global demands for bio-fuels and grain and oilseed commodities, which have exhibited volatility, and can impact the cost of feed for cattle, hogs and poultry, thus affecting available rendering feedstock and selling prices for the Company's products; reductions in raw material volumes available to the Company due to weak margins in the meat production industry as a result of higher feed costs, reduced consumer demand or other factors, reduced volume from food service establishments or otherwise; reduced demand for animal feed; reduced finished product prices, including a decline in fat and used cooking oil finished product prices; changes to worldwide government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs like the U.S. government's renewable fuel standard, low carbon fuel standards and tax credits for biofuels both in the United States and abroad; possible product recall resulting from developments relating to the discovery of unauthorized adulterations to food or food additives; the occurrence of 2009 H1N1 flu (initially known as "Swine Flu"), highly pathogenic strains of avian influenza (collectively known as "Bird Flu"), severe acute respiratory syndrome ("SARS"), bovine spongiform encephalopathy ("BSE"), porcine epidemic diarrhea ("PED") or other diseases associated with animal origin in the United States or elsewhere, such as the outbreak of African Swine Fever ("ASF") in China and elsewhere; the occurrence of pandemics, epidemics or disease outbreaks, such as the current novel coronavirus (COVID-19) outbreak; unanticipated costs and/or reductions in raw material volumes related to the Company's compliance with the existing or unforeseen new U.S. or foreign (including, without limitation, China) regulations (including new or modified animal feed, Bird Flu, SARS, PED, BSE, ASF or similar or unanticipated regulations) affecting the industries in which we operate or our value added products; risks associated with the DGD Joint Venture, including possible unanticipated operating disruptions and issues relating to the announced expansion project; risks and uncertainties relating to international sales and operations, including imposition of tariffs, quotas, trade barriers and other trade protections imposed by foreign countries; difficulties or a significant disruption in the Company's information systems or failure to implement new systems and software successfully, risks relating to possible third party claims of intellectual property infringement; increased contributions to the Company's pension and benefit plans, including multiemployer and employer-sponsored defined benefit pension plans as required by legislation, regulation or other applicable U.S. or foreign law or resulting from a U.S. mass withdrawal event; bad debt write-offs; loss of or failure to obtain necessary permits and registrations; continued or escalated conflict in the Middle East, North Korea, Ukraine or elsewhere; uncertainty regarding the exit of the United Kingdom from the European Union; and/or unfavorable export or import markets. These factors, coupled with volatile prices for natural gas and diesel fuel, climate conditions, currency exchange fluctuations, general performance of the United States and global economies, disturbances in world financial, credit, commodities and stock markets, and any decline in consumer confidence and discretionary spending, including the inability of consumers and companies to obtain credit due to lack of liquidity in the financial markets, among others, could cause actual results to vary materially from the "forward-looking" statements in this press release or negatively impact the Company's results of operations. Among other things, future profitability may be affected by the Company's ability to grow its business, which faces competition from companies that may have substantially greater resources than the Company. Other risks and uncertainties regarding the Company, its business and the industries in which it operates are referenced from time to time in the Company's filings with the Securities and Exchange Commission. The Company is under no obligation to (and expressly disclaims any such obligation to) update its "forward-looking" statements whether as a result of change of circumstances, new events or otherwise.
For More Information, contact:
Suann Guthrie, Vice President, Investor Relations, Sustainability and Global Communications
Suann.Guthrie@darlingii.com
(1) 469-214-8202
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SOURCE Darling Ingredients Inc. | https://www.whsv.com/prnewswire/2022/08/17/darling-ingredients-inc-announces-closing-private-offering-2500-million-unsecured-senior-notes-due-2030/ | 2022-08-17T21:17:32Z |
AUSTIN, Texas, Aug. 17, 2022 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today its board of directors has authorized quarterly cash dividends for common and preferred stock for the third quarter of 2022.
Common Stock
Digital Realty's board of directors authorized a cash dividend of $1.22 per share to common stockholders of record as of the close of business on September 15, 2022. The common stock cash dividend will be paid on September 30, 2022.
Series J Cumulative Redeemable Preferred Stock
The company's board of directors authorized a cash dividend of $0.328125 per share to holders of record of the company's 5.250% Series J Cumulative Redeemable Preferred Stock as of the close of business on September 15, 2022. The Series J Cumulative Redeemable Preferred Stock cash dividend will be paid on September 30, 2022.
Series K Cumulative Redeemable Preferred Stock
The company's board of directors authorized a cash dividend of $0.365625 per share to holders of record of the company's 5.850% Series K Cumulative Redeemable Preferred Stock as of the close of business on September 15, 2022. The Series K Cumulative Redeemable Preferred Stock cash dividend will be paid on September 30, 2022.
Series L Cumulative Redeemable Preferred Stock
The company's board of directors authorized a cash dividend of $0.325000 per share to holders of record of the company's 5.200% Series L Cumulative Redeemable Preferred Stock as of the close of business on September 15, 2022. The Series L Cumulative Redeemable Preferred Stock cash dividend will be paid on September 30, 2022.
About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company's global data center platform, provides customers with a secure data "meeting place" and a proven Pervasive Datacenter Architecture (PDx™) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 27 countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and Twitter.
For Additional Information
Andrew P. Power
President and Chief Financial Officer
Digital Realty
(737) 281-0101
Investor Relations
Jordan Sadler / Jim Huseby
Investor Relations
Digital Realty
(737) 281-0101
InvestorRelations@digitalrealty.com
Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the amount and timing of expected payment of dividends on our common stock and preferred stock. For a list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Digital Realty | https://www.whsv.com/prnewswire/2022/08/17/digital-realty-declares-quarterly-cash-dividend-common-preferred-stock/ | 2022-08-17T21:17:44Z |
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