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SANTA MONICA, Calif., April 28, 2022 /PRNewswire/ -- Team Liquid and longtime partner Alienware are launching The Pro Lab, a groundbreaking global training program. This initiative aims to quantify and analyze core cognitive skills that define a successful esports athlete, transforming the professional training experience and establishing new industry-wide practices.
Until now, professional esports training has been informed by disparate game-specific data and rudimentary KPIs. Team Liquid and Alienware saw this as an opportunity to develop an approach rooted in quantifiable game-agnostic data, focusing on cognitive skills synonymous with peak competitive performance such as anticipatory skills, divided attention, emotional regulation, automaticity and more. The Pro Lab is a first-of-its-kind training space backed by esports science, fundamentally changing not only the way these athletes train but how they grow and evolve along with the industry.
Team Liquid and Alienware intend to eventually release findings in an effort to democratize the data and insights, encouraging industry-wide adoption of new best practices. The partners also plan to make the Pro Lab available to select students and academic institutions for additional research to continue enhancing training protocols.
"Team Liquid has always been committed to putting its players first," says Steve Arhancet, Co-CEO and Co-Owner of Team Liquid. "The Pro Lab, in partnership with Alienware, is the next stage in that evolution. Our main focus will be working smarter to provide our players with the resources to learn about themselves, their habits, their strengths, and areas of improvement so we can continue to grow and compete at the highest levels."
"Over the course of the last decade, the core of this partnership has always been a shared desire to empower and elevate not only Team Liquid athletes, but the industry overall. The Pro Lab is an extension of just that," says Chris Saylor, Alienware Marketing Director. "To support Team Liquid and go on this groundbreaking journey with them is what Alienware is all about and we look forward to what's to come."
The Pro Lab is powered by top-of-the-line Alienware and Dell Technologies equipment. Some of the award-winning and best-in-class technology includes:
- The Alienware Aurora R13 and Alienware 34 Curved QD-OLED Gaming Monitors.
- A specially configured Dell Precision 7920 workstation, processing high-volume, real-time reports in AI applications and powering 6 Alienware 25 Gaming Monitors at once.
- A Dell PowerEdge R740xd2 server to maximize uptime for data-intensive workloads.
Team Liquid's performance scientists and analysts will use these high-performance systems to run NeurOlympics software from BrainsFirst, setting a primary baseline for each athlete.
To identify critical areas of growth for Team Liquid's competitive teams, the core cognitive testing will be classified into four main categories: attention, memory, control, and anticipation. From there, this testing technology ecosystem will allow ThePro Lab team to aggregate and analyze valuable data, pivot the training approach where needed, and ultimately help players optimize their performance through this scientific program of testing, research, and education.
"Similar to the development of our training facilities, we believe The Pro Lab will make waves in the esports industry and beyond," says Victor Goossens, Founder and Co-CEO of Team Liquid. "There are core skills that we look for in every successful competitor, and this program will help uncover new universal guidelines and KPIs that we hope will one day serve as industry-wide benchmarks when it comes to player training."
With the holistic use of Alienware and Dell Technologies hardware, BrainsFirst software and support from aXiomatic Gaming's wealth of sports performance expertise, this comprehensive program will uncover foundational insights that will drive the next generation of esports training.
The Pro Lab will be integrated into the larger Utrecht, Netherlands and Santa Monica, California Alienware Training Facilities, which are also currently undergoing extensive renovations.
Alienware supports Team Liquid's 110+ athletes and 120+ support staff across five continents through providing cutting-edge gaming PCs, monitors, headsets, peripherals and an array of Dell Technologies solutions, delivering the technical power needed to perform at the highest level. Together, Alienware and Team Liquid have launched two Alienware Training Facilities, setting the standard for multiple organizations to follow, won countless championships, become leading industry advocates, working continuously to foster a culture of inclusion and accessibility.
For more information, visit The Pro Lab here, check out The Pro Lab press kit here, and learn more about the Alienware Training Facilities here.
Follow along on social media:
Team Liquid YouTube, Twitch, TikTok, Twitter, Instagram and Facebook
Alienware YouTube, Twitch, Twitter, Instagram, and Facebook
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SOURCE Alienware; Team Liquid | https://www.whsv.com/prnewswire/2022/04/28/team-liquid-alienware-revolutionize-industry-standards-esports-athlete-training-with-launch-pro-lab/ | 2022-04-28T07:42:27Z |
SHENZHEN, China, April 27, 2022 /PRNewswire/ -- Tencent Music Entertainment Group ("TME", or the "Company") (NYSE: TME), the leading online music and audio entertainment platform in China, today announced a new service on the Tencent Musician Platform to support Chinese musicians with international development, and to enhance global discovery of Chinese music, by assisting with overseas promotion and distribution.
The new service, "One-Click For All", enables musicians on Tencent Musician Platform to distribute musical works, with one single click, to over 150 popular global platforms, which include Spotify, KKBOX, YouTube, Apple Music, and others that cover audiences around the world in more than 200 countries and regions. The distribution process will take seven working days to complete. In order to improve catalog management and copyright protection, TME will provide musicians with International Standard Recording Code (ISRC) for free, which is an identification number for music recording. In addition, musicians will have financial incentives. Every quarter, artists will receive income generated from overseas distribution equal to up to 70% of the total, after subtracting the service fee.
To date, Tencent Musician Platform has successfully helped distribute and promote more than 150,000 musical works on overseas streaming platforms, expanding the listener base by 3900%. Through the partnership with Apple Music established in November 2021, Tencent Musicians such as Liu Shuang, Akini JING, Joysaaaa and SARRA have been promoted to international audiences through Apple Music. Hot hits like "Piu Piu Piu" by Pin Yin Shi and "Wild Motor" by Guo Gaoming have won over one million views on Youtube.
TME has always been dedicated to bringing local artists premium resources and international exposure opportunities. With the ongoing improvement of end-to-end services, Tencent Musician Platform has become the choice for local indie musicians and it aims to encourage more local artists to present on a broader stage, making their voices heard around the world. TME will continue to strive as a leading platform with global influence to provide support for local musicians and realize the global value of Chinese music.
About Tencent Music Entertainment
Tencent Music Entertainment Group (NYSE: TME) is the leading online music and audio entertainment platform in China, operating the country's highly popular and innovative music apps: QQ Music, Kugou Music, Kuwo Music and WeSing. TME's mission is to use technology to elevate the role of music in people's lives by enabling them to create, enjoy, share and interact with music. TME's platform comprises online music, online audio, online karaoke, music-centric live streaming and online concert services, enabling music fans to discover, listen, sing, watch, perform and socialize around music. For more information, please visit ir.tencentmusic.com.
Media Contact
TME.PR@icrinc.com
+1 (646) 992-2986
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SOURCE Tencent Music Entertainment Group | https://www.whsv.com/prnewswire/2022/04/28/tencent-musician-platform-introduces-service-further-promote-chinese-music-overseas/ | 2022-04-28T07:42:35Z |
GUANGZHOU, China, April 27, 2022 /PRNewswire/ -- 50 "Trade Bridge" virtual promotion events were held to match suppliers and buyers and boost trade. Selected high-quality products have been displayed on social media via "Discover Canton Fair with Bee and Honey" activities to provide followers with an immersive shopping experience. Millions of customized invitation emails have been sent to regular buyers. According to the Canton Fair, with targeted promotion activities, this session has delivered more outcomes for buyers and suppliers.
Themed Activities Hosted by Bee and Honey Gained Popularity
This session, Bee and Honey, the Canton Fair's mascots initially introduced in the 130th session, hosted several livestreams on social media. The "Discover Canton Fair with Bee and Honey" activities, a series of virtual promotion events built on last session's "Bee and Honey Virtual Tour", have effectively connected suppliers with buyers in real-time. Each of the eight virtual activities attracted over 160,000 views worldwide, with a peak of over 200,000. The eye-catching figures reveal the great appeal of the Canton Fair to global buyers.
Effective matchmaking via targeted online trade promotions
"Trade Bridge" virtual promotion activities have reached 57 countries and regions. To improve interaction efficacy, this session made great preparation based on previous experience and a thorough investigation on the needs of the participants. Each event featured a targeted market, extensive and professional content and global coverage, facilitating active and successful contact between suppliers and buyers. According to the International Communication Department of China Foreign Trade Centre, Canton Fair staff fully investigated the needs of the attendees and sent invitations to all trading delegations in advance. During the events, they made it easy for suppliers and buyers to connect. They also kept track of the participants' feedback and solved their problems after the events.
According to Maggie Pu, Deputy Director General of the Foreign Affairs Office of the Canton Fair, the continuing success of the session's online promotion depended on the exhibitors' and buyers' recognition and confidence in the Canton Fair, China's No.1 Fair. Building on the new success, the Fair will continue to optimize services with even better measures and capabilities, contributing more to the new development pattern fueled by domestic and international circulations.
Visit https://www.cantonfair.org.cn/en-US for more opportunities.
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SOURCE Canton Fair | https://www.whsv.com/prnewswire/2022/04/28/time-honored-canton-fair-revitalized-with-virtual-events/ | 2022-04-28T07:42:45Z |
Shining Bright at 75 Years: Reese celebrates its heritage of bringing a world of flavor to your table
BLOOMFIELD, N.J., April 28, 2022 /PRNewswire/ -- In celebration of 75 years of bringing consumers the highest quality products from all over the world, Reese Specialty Foods proudly launches its 'Shining Bright at 75 Years' campaign. The campaign is a lookback on where the brand started and how it became America's most trusted name in gourmet specialty food ingredients. Because just like any other great success story, Reese's rich history traces back to a mission - to share exotic delicacies from different cultures with the American consumer.
The year was 1939 when Max H. Ries, with his insatiable hunger for adventure, left his hometown Munich for Chicago. Young Max had every intention of starting his own textile company, but his passion for global food and flavors led him to introduce exotic delicacies and ingredients into American kitchens instead.
In the 1940s, Max imported cheese from Switzerland to Wisconsin. Shortly after, he emboldened the American palate when he imported unheard of delicacies such as Pate de Foie Gras, Japanese Fried Butterflies and Chocolate Covered South American Ants. He further diversified American pantries by farming and packing never before seen products like baby corn, mini watermelons, and martini peppers in the 1950s.
Today, Reese celebrates 75 years of continued innovation, timeless flavors, and recipe creation. Reese products are so loved by consumers that they hold market leadership in Artichokes, Hearts of Palm, Prepared Horseradish, Anchovy Paste, and 100% Wild Rice categories. Reese is also a top selling brand of canned Oysters, Water Chestnuts, and Capers. Reese is proud to hold Non-GMO project verification on many products, including Artichokes, Hearts of Palm, Water Chestnuts, Anchovy Paste, Non-Pareil Capers, Asparagus, Wild Rice, and Harvest Bowls. Reese's quality standard continues with Fairtrade certified Marinated Artichokes and ASC certified, sustainably farmed Oysters.
Like its founder Max, Reese delights in providing consumers with the highest quality specialty foods and bringing family and friends together to share a meal. And what better way to commemorate its roots than by sharing a throwback tablescape featuring some of its well-loved ingredients such as Reese Artichoke Hearts, Prepared Horseradish, and Maraschino Cherries.
Reese invites you to reignite your sense of adventure by recreating mouthwatering throwback recipes with us. Start the celebration with a taste of old-fashioned Las Vegas glitz and glamor with our Horseradish Cocktail Dip; enjoy the main course with our Spinach Artichoke Stuffed Meatloaf; and end the party with a bang by serving our Pineapple Cherry Upside Down Cake with a Reese Cherry Jello Star on top! All of these classic dishes and more can be found on Reese's website and social pages.
Come celebrate 'Shining Bright at 75 Years' with us! Find out more about Reese's 75th anniversary and how to enter our sweepstakes at https://reesespecialtyfoods.com/, visit our Facebook page at https://www.facebook.com/ReeseSpecialtyFoods, or check out our Instagram at @reesespecialtyfoods.
World Finer Foods, a leading company of more than 1,000 owned and third-party premium food, beverage and personal care products, is a pioneer in marketing and selling both domestic and international products to American consumers, with roots dating back to the 1940's and the creation of what would become a new market segment: specialty food. From household and traditional favorites to trendsetting health-conscious and global flavors, World Finer Foods offers consumers options for every taste and lifestyle, and provides their clients with a team of dedicated best-in-class sales, marketing and logistical experts to grow their brands. For more information on World Finer Foods, visit: https://www.worldfiner.com.
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SOURCE World Finer Foods | https://www.whsv.com/prnewswire/2022/04/28/timeless-tablescape/ | 2022-04-28T07:42:54Z |
- GR Supra evolves again with a new manual transmission (MT) option
- MT available on GR Supra 3.0, 3.0 Premium and a limited A91-MT Edition model
- A91-MT Edition limited to 500 units for the U.S. Market, comes in two exclusive exterior colors with a unique Cognac leather trimmed interior
- Refined handling across all GR Supra 3.0 models with new steering and suspension tuning and new Hairpin+ function
- New premium 12-speaker JBL Audio system standard on all 3.0 Premium and A91-MT models
- Complimentary 1-year membership to the National Auto Sport Association, featuring a High-Performance Driving Event with expert instruction
PLANO, Texas, April 28, 2022 /PRNewswire/ -- From the moment of its launch in 2019 the GR Supra captured the spirit of TOYOTA GAZOO Racing – one that's all about the joy of driving. For 2023, it adds one more dynamic element: a six-speed intelligent Manual Transmission (iMT). For drivers who love the control and rewards offered by precisely timed manual shifts, it might be the Supra they've been waiting for.
True to the GR Supra's thoroughbred engineering quality, this development wasn't simply a matter of using an off-the-shelf solution. Engineers developed a manual transmission specifically for GR Supra, with components designed specifically to suit the power and torque characteristics of its 3.0-litre 382 horsepower engine. At the same time, the GR Supra's braking control systems and suspension have been retuned for even better performance – changes that are being introduced throughout the model range.
The manual transmission will be available as an option on the Supra 3.0 and 3.0 Premium and a limited A91-MT Edition model will also be produced for model year 2023 only. Available colors for the MT 3.0 and 3.0 Premium will include all standard Supra colors plus a new Stratosphere Blue color, which will also be available on Supra 2.0. The A91-MT Edition will be available in Matte White and CU Later Gray. Pricing for 2023 GR Supra MT versions will be announced later this summer and models will be available at Toyota dealerships later this year.
Manual Transmission Designed for Supra Power
Available on the 3.0, 3.0 Premium and a limited A91-MT Edition model. The manual transmission installed in the GR Supra has been engineered and tuned specifically for use with the coupe's straight-six engine.
The engineering team modified an existing transmission housing, driveshaft and gear set and removed elements that were not required, such as the acoustic package, which reduced weight. At the heart of the transmission is a newly engineered large diameter clutch with a reinforced diaphragm spring. With a larger friction area and a stronger spring, this new component has the high-performance capability appropriate for use with the GR Supra's high-torque engine.
The newly developed 6-speed manual gearbox also features an intelligent Manual Transmission (iMT) programmed with new software that prioritizes sporty performance. When upshifting, the parameters are tuned to optimize engine torque at the moment of clutch engagement and release; on downshifts, the software has been fine-tuned for consistent performance. The iMT is set as the default but, if the driver prefers, it can be switched off in Sport mode.
To avoid a sluggish take-off and a low in-gear acceleration feel, the final drive ratio has been shortened, from 3.15 (in the GR Supra automatic) to 3.46 (in the GR Supra MT). The result is response and gearing appropriate for sports car performance.
Close attention was also paid to how a manual shifter could be accommodated in the driver's cockpit. The lever ratio was specifically set to minimize the effort required to make shifts and engage reverse gear. While the weight and shape of the 200g gear knob, along with the quality of shift engagement, have all been precisely defined. Ergonomics were also top-of-mind, as the console unit and position of the drive mode selector were adjusted to provide a 1.7-inch clearance between the shift knob and the control panel.
TOYOTA GAZOO Racing: #savethemanual
The GR Supra was Toyota's first global GAZOO Racing (GR) model and the dream of Toyota President Akio Toyoda to deliver a car that is purely about the joy of driving.
Subsequently, the introduction of global models, like the GR Yaris and last year's arrival of the GR86 coupe, have reinforced the special qualities that define the GR brand – cars that are born out of a passion for driving and draw directly on the world championship-winning expertise and experience of TOYOTA GAZOO Racing.
At launch, the 2020 GR Supra was offered with a straight-six 3.0-litre engine with 335 hp/365 lb.-ft. of torque matched to an eight-speed automatic transmission. In 2021, the GR team increased the 3.0 Supra to 382 hp and 367 lb.-ft. of torque and introduced a turbocharged four-cylinder GR Supra 2.0 with 255 horsepower and a stout 295 lb.-ft. of torque.
While the car and its performance have received high praise worldwide from media and fans alike, perhaps inevitably the question of whether a manual gearbox would be available persisted. Now that it's official, the addition of a manual transmission option to the Supra line-up means Toyota will offer all three of its U.S. GR models with a stick, which is standard on the upcoming GR Corolla and available as an option on GR86.
Tuned for Traction, Stability and Agility
The GR Supra's traction and braking have been optimized for operation with a manual transmission.
With an automatic, it's possible to use second gear when pulling away uphill when opposite wheels are on surfaces with different grip levels – for example, when the car is parked on partly icy road, progress is smooth with no rolling back or wheel slip. With a manual gearbox, first gear must be used and releasing the clutch brings a greater risk of wheel spin. To address the issue, Toyota engineers have tuned the car's TRAction Control (TRAC) system to achieve smooth operation like that experienced with an automatic. The system is also optimized for the GR Supra's characteristic high engine torque, wide tires and rear-wheel drive.
The car's behavior when accelerating out of a corner is a key element in the "Fun to Drive" quality Toyota has developed for the GR Supra. For the new manual version, the traction control has again been the focus to ensure an ideal balance of agility and stability when exiting a corner on the throttle. TRAC intervention has been calibrated to maintain stability – so the car keeps faithfully to the driver's intended line – while allowing the right amount of power for a sporty experience.
The ambition to make the GR Supra fun to drive in the most demanding scenarios has helped inspire the introduction of a new Hairpin+ function. This is designed to allow more freedom and reward when taking tight bends on an uphill gradient (more than 5%) with a high-friction road surface. More "freewheel" spin can make such routes more enjoyable to drive, so Toyota has optimized engine torque control to allow a greater difference in the degree of wheel spin on the left and right-side tires.
To counter the possibility of "snap-off" oversteer – something that may be hard to control with the car's Vehicle Stability Control (VSC) alone – an Anti-Roll Program (ARP) has been adopted for both the manual and automatic versions of the GR Supra. This intervenes at an earlier point with the VSC to cover any sudden loss of grip when the car's high-response suspension setting it used.
In addition, the Track mode has been tuned to allow for easy drifting with freedom of throttle control. The vehicle remains agile, but there is less risk of spinning thanks to specific engine and torque control.
Special Edition and Updates Across the Lineup
The A91-MT special edition will be a 500 unit limited-run model that comes equipped with exclusive Cognac leather-trimmed seats, GR logoed Alcantara shift knob and a 12-speaker acoustically tuned premium JBL sound system. On the outside, a red "Supra" Badge and red GR Supra emblazoned calipers punctuate its extreme, condensed design. It will be offered in two exclusive colors, Matte White and CU Later Gray, and comes equipped with unique forged 19-inch Frozen Gunmetal Gray wheels. Under the hood, red strut tower braces add one more accent to the already bold Supra.
All 2023 GR Supra 3.0 models, both AT and MT versions, will benefit from a retuned suspension with re-tuned shock absorbers for improved roll balance and ride comfort. The mechanical components in the electric power steering and the system's operating parameters have also been re-tuned. All 3.0 models will have an active rear sport differential standard.
The 3.0 MT will come equipped with new 19-inch forged aluminum wheels and be available in previously available standard and premium colors plus the new Stratosphere Blue color. On the inside heated, black leather-trimmed seats are now standard. The 3.0 Premium has everything you'll find on the 3.0, plus a red and black leather-trimmed interior, full color heads up display, acoustically tuned 12-speaker JBL sound system and Qi Wireless charger standard.
Supra Connect1 is also available. This advanced technology suite is designed to help you get more from your GR Supra 2.0 and 3.0 with Safety and Technology Package, 3.0 Premium and A91-MT Edition and includes features like Automatic Emergency Call, Real-Time Traffic Information, Roadside Assistance and the available Supra Connect iPhone® app to lock/unlock the doors and activate Ventilation Now and Ventilation Timer features.
Key Standard Features Include
Options and Packages Include
1 Available on GR Supra 2.0 and 3.0 w/Safety and Technology Package, 3.0 Premium and A91-MT Edition. Includes a 4-year trial period, except Enhanced Roadside Assistance, which is a 2-year period. Enrollment in a paid subscription required upon expiration of trial period. Services are dependent upon an operative telematics device, a cellular connection, navigation map data, GPS signal strength, and other factors, all of which can limit system functionality or availability, including access to response center and emergency support. Stolen vehicle police report required for use of Stolen Vehicle Recovery. Apps and services subject to change at any time without notice. Data charges may apply. For service details and limitations, see your Owner's Manual or supraconnect.com, and to learn about Supra Connect data collection, use, sharing and retention practices, visit Supra Connect Terms & Conditions.
About Toyota
Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. for more than 60 years, and is committed to advancing sustainable, next-generation mobility through our Toyota and Lexus brands, plus our nearly 1,500 dealerships.
Toyota directly employs more than 39,000 people in the U.S. who have contributed to the design, engineering, and assembly of nearly 32 million cars and trucks at our nine manufacturing plants. By 2025, Toyota's 10th plant, in North Carolina, will begin to manufacture automotive batteries for electrified vehicles. With the more electrified vehicles on the road than any other automaker, a quarter of the company's 2021 U.S. sales were electrified.
To help inspire the next generation for a career in STEM-based fields, including mobility, Toyota launched its virtual education hub at www.TourToyota.com with an immersive experience and chance to virtually visit many of our U.S. manufacturing facilities. The hub also includes a series of free STEM-based lessons and curriculum through Toyota USA Foundation partners, virtual field trips and more. For more information about Toyota, visit www.ToyotaNewsroom.com.
Media Contacts:
Paul Hogard
469-292-6791
paul.hogard@toyota.com
For customer inquiries, please call: 800-331-4331
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SOURCE Toyota | https://www.whsv.com/prnewswire/2022/04/28/toyota-gr-supra-adds-manual-transmission-enhanced-drive-dynamics-2023/ | 2022-04-28T07:43:03Z |
Protecting stakeholder value delivering continued local currency growth across our operations
AMSTERDAM, April 28, 2022 /PRNewswire/ -- VEON Ltd. (VEON) announces a trading update for the first quarter ended 31 March 2022, including selected financial and operating results:
VEON ended 1Q22 with revenue of USD 1,823 million, +9.8% YoY in local currency (-0.4% YoY in reported currency) and EBITDA of USD 775 million, +5.7% YoY in local currency (-4.0% YoY in reported currency). Group capex was USD 367 million (-6.2% YoY), with capex intensity of 23.2%, -2.2 p.p. YoY. Group net debt/EBITDA was 2.4x.
Commenting on results, Kaan Terzioğlu said:
"I am proud of how our teams are tackling the current challenges and ensuring service and business continuity, keeping our 220 million customers across nine countries connected. Our commitment to provide access to information and other vital digital services is intact in these character-building times. The solid results we are reporting today illustrate our operational and financial discipline. We continue to enjoy high-single-digit growth and we have improved our capital structure."
1Q 2022 highlights:
- Revenue of USD 1,823 million, +9.8% YoY in local currency (-0.4% YoY reported currency)
- EBITDA of USD 775 million, +5.7% YoY in local currency (-4.0% YoY reported currency)
- Capex of USD 367 million, -6.2% YoY, capex intensity of 23.2%
- Total cash USD 1.904 million, with USD 1,304 million at Headquarters (additional USD 692 million in committed undrawn credit lines)
- 206 million mobile subscribers, up 3.9% YoY
- 100.8 million 4G users, up 24.3% YoY
- Net debt/EBITDA ratio of 2.4x
- Current ratio (Current assets/Current liabilities) of 1.11x
Group revenue increased by 9.8% in local currency terms (-0.4% in reported currency). All our operating companies delivered YoY revenue growth in local currency terms. Strong growth in data revenue, up 17.1% in local currency terms (+7.1% in reported currency), was a key driver of strong Group revenue performance.
Ukraine revenues increased 15.1% YoY in local currency (+12.7% in reported currency) a good result given the ongoing conflict in the country. For March 2022, Ukraine reported revenue of UAH 2.8 billion (+16.7% YoY), with service revenue of UAH 2.7 billion (+16.7% YoY). This performance was driven once again by continued growth in Kyivstar's 4G customer base, which increased 30.7% YoY. Mobile revenue growth was also supported by higher roaming revenues, which increased 3.0x YoY.
Russia reported 1Q22 revenue growth of 5.6% YoY in local currency (-6.9% YoY in reported currency). The average March exchange rate used for consolidation was 104.1 ruble per dollar, impacting reported numbers. 1Q22 mobile service revenue was up 3.3% YoY and fixed-line service revenue was up 8.2% YoY in local currency. For March 2022, Russia reported revenue of RUB 24.9 billion (+3.6% YoY), with service revenue of RUB 22.2 billion (+3.7%).
Pakistan revenue increased 9.1% YoY in local currency (-2.6% YoY in reported currency) driven by strong growth in data revenue, notwithstanding the increase in withholding tax from 10% to 15% on 16 January 2022 and the reduction in mobile termination rates.
In Kazakhstan revenues increased 20% YoY in local currency (+10.6% in reported currency), another excellent performance especially taking into account the unrest in January 2022. For January 2022, Kazakhstan reported revenue of KZT 20.4 billion (+15.6% YoY), with service revenue of KZT 19.7 billion (+15.0% YoY).
Group 1Q22 EBITDA rose by 5.7% in local currency terms (-4.0% in reported currency) and we reported positive local currency EBITDA performance across all markets. In Russia, EBITDA increased 2.8% YoY in local currency (-9.3% in reported currency), marking the fourth consecutive quarter of growth. Excluding the impact of charitable donations and employee support, in Ukraine Kyivstar's EBITDA grew 9.3% YoY in local currency and in Kazakhstan, Beeline's EBITDA grew 16.5% in local currency. Excluding these extraordinary costs, Group EBITDA increased 7.3% YoY in local currency. We remain focused on implementing planned cost efficiency measures across the business.
We reported healthy growth of 3.9% YoY in our 1Q22 subscriber base. The Group continued to focus on the overall customer experience on our 4G networks. This supported the growth in our 4G subscriber base, which reached 100.8 million, adding an additional 19.7 million users over the past 12 months. 4G subscribers now account for 48.8% of our total subscriber base, up 8.0 p.p. from a year ago.
Our financial service business in Pakistan, JazzCash, ended the quarter with 15.7 million MAUs, a rise of 12.2% YoY. In Bangladesh, Toffee TV reached 6.3 million MAU (+86.9% YoY) in 1Q22. Our digital operator in Kazakhstan, 'izi', ended the quarter with 101,000 subscribers, an increase of 87% YoY.
Group capex was USD 367 million with capex intensity of 23.2%, driven in particular by increased network investments in Bangladesh and Pakistan in line with our growth strategy.
On 12 April 2022, Jazz signed a core 4G license renewal with the Pakistan Telecommunication Authority, for a fee of USD 486.2 million for a duration of 15 years, with 50% paid upfront and the balance over five years. Fifty percent of the fees (PKR 44.54 billion, equivalent to USD 243.1 million) was settled before signing in April 2022. On 31 March 2022, Banglalink acquired new spectrum in the 2300 MHz band for USD 205 million, payable in installments over 11 years, doubling the company's spectrum holding. We believe this investment will continue to support Banglalink's ambitious nation-wide 4G growth strategy.
We closed the quarter with total cash of USD 1.9 billion, with a further USD 0.7 billion in undrawn revolving credit facilities. All our operations are in general self-funding.
Following the exercise of the put option for our stake in Algeria on 1 July 2021, the Algerian business became, in line with the requirements of IFRS 5, a discontinued operation, and is accounted for as an "asset held for sale". The result is that the Algerian operations do not contribute to VEON's comparison base or actual reported numbers, without any change in the net economic value of this business. The final valuation for the put option was concluded at USD 682 million for VEON's stake in Djezzy.
We further strengthened the management team with the appointment of Atyab Tahir as the CEO of JazzCash effective 1 May 2022. Michiel Soeting, former global lead partner at KPMG, joined the VEON Board as a non-executive director and Chairman of the Audit and Risk Committee effective 16 March 2022.
VEON is not the subject of any sanctions imposed by the European Union, the United States or the United Kingdom. We remain confident that the international community understands our industry's unique position as an essential service provider, with regulators outlining their support for sectors essential to humanitarian activities, including the flow of information and access to the internet.
VEON has suspended all activities related to the previously proposed re-domiciliation of VEON Ltd. to the United Kingdom and will continue to consider the optimal corporate structure for the group.
Key recent developments:
- Changes to the VEON Board. On 1 March 2022, VEON announced that Mikhail Fridman had resigned as a director of the VEON Board (the "Board") with effect from 28 February 2022. On 8 March 2022, VEON announced that Mr. Robert Jan van de Kraats had stepped down as a director from the VEON Board with effect from 7 March 2022. On 16 March 2022, VEON announced that Michiel Soeting, former global lead partner at KPMG, had joined the VEON Board as a non-executive director and Chairman of the Audit & Risk Committee.
- Bond repayment. On 28 February VEON utilized USD 430 million under its RCF and used these funds to repay its USD 417 million notes which matured on 1 March 2022, and to pay the accrued interest on these notes.
- VEON concludes repayment of VTB Bank loan. On 11 March 2022, VEON announced that its subsidiary had prepaid a RUB 30 billion (approximately USD 259 million, based on a USD-RUB exchange rate of 115.7) interest-bearing loan with VTB Bank (PJSC) ("VTB") in accordance with its terms, and the facility has been cancelled. Following this payment to VTB, the VEON Group had no further loans outstanding with VTB.
- VEON credit rating update. On 14 March 2022, VEON announced that Fitch and S&P had downgraded the Company's credit ratings following the announcement of new country ceilings for Ukraine and the Russian Federation.
- VEON Holdings B.V. reiterates currency election on its Ruble-denominated notes. On 18 March 2022, VEON reiterated the currency election terms for the holders of the ruble denominated notes issued under VEON Holdings B.V.'s Global Medium Term Note Programme.
- Novation of loans. In April 2022, two group-level loans, with Sberbank and Alfa Bank respectively, and totaling RUB 90 billion (c.USD 1.070 billion, based on a USD-RUB exchange rate of 84.09), were novated to PJSC VimpelCom, which resulted in the release of the former borrower (VEON Finance Ireland) and the former guarantor (VEON Holdings BV).
- Key increases in VEON shareholding in 1Q22. On 14 March 2022, Exor Capital (London, UK) filed a stock market notification that their VEON shareholding had increased to above 5%. On 31 March 2022, Shah Capital Management (Raleigh, NC, US) filed a stock market notification stating that their VEON shareholding had increased to 2.87%, or 50.1 million shares.
- Algeria put option. Following the exercise of the put option for our stake in Algeria on 1 July 2021, the Algerian business became, in line with the requirements of IFRS 5, a discontinued operation, and is accounted for as an "asset held for sale". The final valuation for the put option was concluded at USD 682 million for VEON's stake in Djezzy and the process is on track.
- Spectrum acquisition in Bangladesh and license renewal in Pakistan. On 1 April 2022, VEON announced that Banglalink has acquired new spectrum, doubling the company's spectrum holding. Banglalink acquired 40 MHz of spectrum from the 2300 GHz band, ensuring that Banglalink retains its position as the top private operator in Bangladesh in terms of spectrum per customer. On 12 April 2022, Jazz signed a 4G license renewal with the Pakistan Telecommunication Authority for a fee of USD 486.2 million for 15 years, 50% of which (PKR 44.54 billion, equivalent to USD 243.1 million) was settled, before signing in April 2022, and the remaining amount will be paid in five equal annual instalments. Both transactions were funded in local currency facilities secured through domestic banking partners.
- Increased local currency debt funding. On 16 April 2022, Jazz in Pakistan signed a PKR 40 billion (c. USD 222 million) syndicated loan with a 10 year maturity. On 26 April 2022, Banglalink signed a BDT 12 billion (c. USD 135 million) syndicated loan with a 5 year maturity.
- Atyab Tahir appointed as CEO of JazzCash. On 14 March 2022, VEON announced the appointment of Atyab Tahir as Chief Executive Officer of JazzCash, the number one digital financial services provider in Pakistan and a division of Jazz, effective 1 May 2022.
- VEON not subject to sanctions. On 4 March 2022, VEON confirmed its conclusion that it is not the subject of sanctions, following the introduction of EU sanctions on LetterOne shareholders, Mr. Fridman and Mr. Aven on 28 February 2022.
- Group senior management shareholding. On 28 February 2022, VEON announced the details of management share awards following the finalization of the management incentive plan.
- VEON confirms notification from NASDAQ on minimum share price requirement. On 12 April 2022, VEON confirmed that it had received notification on 7 April 2022 VEON from the Listing Qualifications Department of the Nasdaq Stock Market ("Nasdaq") stating that VEON is not in compliance with the minimum bid price requirement set forth in Nasdaq's Listing Rule 5550(a)(2). This does not impact current Nasdaq listing and trading, and VEON confirmed that it would evaluate options to return to compliance.
Additional information
About VEON
VEON is a NASDAQ and Euronext Amsterdam-listed global provider of connectivity and digital services, headquartered in Amsterdam. Our vision is to empower customer ambitions through technology, acting as a digital concierge to guide their choices and connect them with resources that match their needs.
For more information visit: https://www.veon.com.
Notice to reader: impact of conflict
VEON's results presented in this trading update are, unless otherwise stated, based on IFRS and have not been externally reviewed and audited. The financial information included in this trading update is preliminary and is based on a number of assumptions that are subject to inherent uncertainties and subject to change. The financial information presented herein is based on internal management accounts, is the responsibility of management and is subject to financial closing procedures which have not yet been completed and has not been audited, reviewed or verified. Although we believe the information to be reasonable, actual results may vary from the information contained above and such variations could be material. As such, you should not place undue reliance on this information. This information may not be indicative of the actual results for the quarter or any future period.
The ongoing conflict between Russia and Ukraine and the sanctions imposed by the United States, member states of the European Union, the European Union itself, the United Kingdom, Ukraine and certain other nations, countermeasure sanctions by Russia and other legal and regulatory responses, as well as responses by our service providers, partners, suppliers and other counterparties, and the consequences of all of the foregoing have significantly impacted and will continue to significantly impact our results and operations in Russia and Ukraine, and may significantly affect our results and operations in the other countries in which we operate. We are closely monitoring events in Russia and Ukraine, as well as the possibility of the imposition of further sanctions in connection with the ongoing conflict between Russia and Ukraine and any resulting further rise in tensions between Russia, and the United States, the United Kingdom and/or the European Union. We hope that there will be a peaceful and amicable resolution and are doing everything we can to protect the safety of our employees, while continuing to ensure the uninterrupted operation of our communications, financial and digital services.
The broad nature of the financial sanctions targeted at the Russian financial system, including several banks that have historically provided funding to the Company, the comprehensive sanctions on investment and vendors in Russia and the ongoing conflict between Russia and Ukraine may have a material impact on the Company's operations and business plans in Russia and Ukraine. Over the next few months, we will be undertaking an assessment of the need for and amount of potential impairment charges, which is not as of yet determinable due to a number of factors, including the fluidity of the current situation and our ability to obtain relevant data required to build a business plan given the ongoing conflict and associated uncertainties. We anticipate that we will report material impairment charges with respect to assets in Ukraine and/or Russia during 2022, unless there is a significant improvement in the current underlying conditions, including a lasting resolution of the ongoing conflict. However, we are still gathering the necessary data and we are not able at this time to estimate the amount or range of this potential impairment charge to the profit and loss statement. Such an impairment charge, if any, would have no impact on the Company's cash flow.
Disclaimer
This trading update contains "forward-looking statements", as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. These forward-looking statements may be identified by words such as "may," "might," "will," "could," "would," "should," "expect," "plan," "anticipate," "intend," "seek," "believe," "estimate," "predict," "potential," "continue," "contemplate," "possible" and other similar words. Forward-looking statements include statements relating to, among other things, VEON's plans to implement its strategic priorities, including operating model and development plans; anticipated performance, including VEON's ability to generate sufficient cash flow; VEON's assessment of the impact of the COVID-19 pandemic on its current and future operations and financial condition; VEON's assessment of the impact of the conflict surrounding Russia and Ukraine, including related sanctions and counter-sanctions, on its current and future operations and financial condition; future market developments and trends; operational and network development and network investment, including expectations regarding the roll-out and benefits of 3G/4G/LTE networks, as applicable; spectrum acquisitions and renewals; the effect of the acquisition of additional spectrum on customer experience; VEON's ability to realize the acquisition and disposition of any of its businesses and assets and to execute its strategic transactions in the timeframes anticipated, or at all; VEON's ability to realize financial improvements, including an expected reduction of net pro-forma leverage ratio following the successful completion of certain dispositions and acquisitions; our dividends; and VEON's ability to realize its targets and commercial initiatives in its various countries of operation.
The forward-looking statements included in this trading update are based on management's best assessment of VEON's strategic and financial position and of future market conditions, trends and other potential developments. These discussions involve risks and uncertainties. The actual outcome may differ materially from these statements as a result of, among other things: further escalation in the conflict surrounding Russia and Ukraine, including further sanctions and counter-sanctions and any related involuntary deconsolidation of our Russian and/or Ukrainian operations; further unanticipated developments related to the COVID-19 pandemic, such as the effect on consumer spending, that has negatively affected VEON's operations and financial condition in the past; demand for and market acceptance of VEON's products and services; our plans regarding our dividend payments and policies, as well as our ability to receive dividends, distributions, loans, transfers or other payments or guarantees from our subsidiaries; continued volatility in the economies in VEON's markets; governmental regulation of the telecommunications industries; general political uncertainties in VEON's markets; government investigations or other regulatory actions; litigation or disputes with third parties or regulatory authorities or other negative developments regarding such parties; the impact of export controls and laws affecting trade and investment on our and important third-party suppliers' ability to procure goods, software or technology necessary for the services we provide to our customers; risks associated with data protection or cyber security, other risks beyond the parties' control or a failure to meet expectations regarding various strategic priorities, the effect of foreign currency fluctuations, increased competition in the markets in which VEON operates and the effect of consumer taxes on the purchasing activities of consumers of VEON's services.
Certain other factors that could cause actual results to differ materially from those discussed in any forward-looking statements include the risk factors described in VEON's Annual Report on Form 20-F for the year ended December 31, 2020 filed with the U.S. Securities and Exchange Commission (the "SEC") on 15 March 2021 and other public filings made from time to time by VEON with the SEC, including VEON's Annual Report on Form 20-F for the year ended December 31, 2021 to be filed with the SEC on 29 April 2022. Other unknown or unpredictable factors also could harm our future results. New risk factors and uncertainties emerge from time to time and it is not possible for our management to predict all risk factors and uncertainties, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. Under no circumstances should the inclusion of such forward-looking statements in this press release be regarded as a representation or warranty by us or any other person with respect to the achievement of results set out in such statements or that the underlying assumptions used will in fact be the case. Therefore, you are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements speak only as of the date hereof. We cannot assure you that any projected results or events will be achieved. Except to the extent required by law, we disclaim any obligation to update or revise any of these forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made, or to reflect the occurrence of unanticipated events.
In addition, we present certain information on a forward-looking basis. We are not able to, without unreasonable efforts, provide a full reconciliation to IFRS due to potentially high variability, complexity and low visibility as to the items that would be excluded from the comparable IFRS measure in the relevant future period, including, but not limited to, depreciation and amortization, impairment loss, loss on disposal of non-current assets, financial income and expenses, foreign currency exchange losses and gains, income tax expense and performance transformation costs, cash and cash equivalents, long-term and short-term deposits, interest accrued related to financial liabilities, other unamortized adjustments to financial liabilities, derivatives, and other financial liabilities.
Contact Information
Investor Relations
Nik Kershaw
ir@veon.com
+31 20 79 77 200
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SOURCE VEON Ltd | https://www.whsv.com/prnewswire/2022/04/28/veon-publishes-q1-2022-trading-update/ | 2022-04-28T07:43:14Z |
- WuXi Biologics has aligned its ESG strategy with the United Nations Sustainable Development Goals (SDGs), as well as with its stakeholders' interests in sustainable business performance.
- One example of WuXi Biologics' contribution to society is its rapid, robust pandemic response -- enabling nearly 30 Investigational New Drug Applications (INDs) for COVID-19 projects, manufacturing more than 1500kg of COVID-19 neutralizing antibody, and delivering hundreds of millions COVID-19 vaccine doses.
- WuXi Biologics has set mid- to long-term targets to reduce greenhouse gas (GHG) emissions intensity of Scope 1 and Scope 2 by 50% by 2030 compared with 2020, and achieve a 18% reduction in water consumption intensity by 2025 compare with 2019. The company outperformed its 2021 targets, reducing GHG emissions intensity by 8% and water consumption intensity by 13%.
- A culture of diversity, equity and inclusion (DEI) is cultivated and well managed at WuXi Biologics. The number of employees in China, Ireland, the United States, Germany and Singapore has surpassed 10,000, of which more than 53% are women.
- As part of global corporate social responsibility (CSR), WuXi Biologics encourages its workforce to contribute to the welfare of their localities around the world. In 2021, 798 employee volunteers from nine cities in four countries – mobilized by the "PROUD" culture – contributed a total of 3,192 service hours to their local communities.
- WuXi Biologics' response to the July 2021 Henan floods included an immediate CNY 10 million donation for disaster relief by the WuXi Biologics Charity Foundation, programs to subsidize reconstruction efforts and financial support from the company for impacted employees.
- WuXi Biologics is committed to building a sustainable supply chain and leveraging a "Multi-Sourcing and Safety Stock" approach to mitigate any potential risks from supply chain disruptions, which allow the company to ensure the delivery of high-quality products and services to clients.
- WuXi Biologics' efforts have been widely recognized by the rating agencies, including being named by Sustainalytics as an "ESG Industry Top-Rated Company" for comprehensive compliance management.
HONG KONG, April 27, 2022 /PRNewswire/ -- WuXi Biologics ("WuXi Bio") (2269.HK), a global Contract Research, Development and Manufacturing Organization (CRDMO) service company, published its Environmental, Social and Governance (ESG) Report of 2021. It comprehensively introduces what the company has achieved on greening development, enabling clients, giving back to society and responsible governance in the past year.
In 2021, WuXi Biologics established a CEO-led ESG committee at the board level. The company also set up an ESG steering group and an ESG department. WuXi Biologics aligns its goals with the United Nations Sustainable Development Goals (SDGs) and has enhanced its ESG strategy accordingly. Throughout the year, the company's ESG governance structure was continuously optimized to ensure that the sustainable development concept remains entrenched in the company's strategy and provides an overarching context for its daily operations, creating maximum benefit for both society and the environment.
Greening Development
To actively address climate change, WuXi Biologics set a mid- to long-term greenhouse gas (GHG) emissions reduction and water consumption target: reduce its ratio of Scope 1 and Scope 2 GHG emissions intensity by 50% by 2030 compared with 2020, and deliver an 18% reduction in water consumption intensity by 2025 from a 2019 base year. An independent and accredited professional agency's comprehensive audit in 2021– based on the ISO 14064 standard – confirmed an 8% year-on-year decrease in GHG emissions intensity.
In addition, WuXi Biologics' large-scale adoption of environmentally friendly single-use technology saves approximately 70% of water and 30% of energy compared to traditional stainless-steel technology. The application of single-use technology also helped to decrease water consumption intensity by 13% year on year and improve energy efficiency for three consecutive years.
Sharing on sustainability efforts for green manufacturing, the biologics facilities in Dundalk, Ireland is designed to save energy, reduce emission and recycle resource. Expected to be operational soon, the site has fully applied WuXi Biologic's "Factory of the Future" principles. In China sites, energy efficiency is improved through a series of energy-saving initiatives and green development concepts including reutilizing steam condensate.
Enabling Clients
Leveraging its expertise and supporting global efforts against the COVID-19 pandemic is one of the most significant ways WuXi Biologics gives back to society. By the end of 2021, the company had enabled nearly 30 COVID-19 Investigational New Drug (IND) applications for its clients, delivered more than 1,500 kg of COVID-19 neutralizing antibodies, and produced hundreds of millions of COVID-19 vaccine doses, contributing greatly to global public health.
Behind these outstanding milestones were enabling innovation as the company's driving force and quality as its hallmark. Multiple innovative technology platforms represent WuXi Biologics' efforts to provide more efficient and cost-effective processes for global clients, resulting in more affordable and accessible biologics that can be brought more quickly to market. And the successful completion of 22 inspections by worldwide pharmaceutical regulatory agencies and over 180 client GMP audits demonstrates WuXi Biologics' unwavering commitment to maintaining the highest global quality standards for clients, patients and society at large.
Giving Back to Society
All of the company's milestones and achievements are inextricably linked to the expertise and dedication of the people at WuXi Biologics. The company is committed to the well-being of all employees and to a culture of diversity, equity, and inclusion (DEI). WuXi Biologics now has more than 10,000 employees in China, Ireland, the United States, Germany and Singapore, more than 53% of whom are women. With a focus on occupational safety, the company conducted more than 100 safety and health training sessions in 2021, totaling more than 50,000 hours of training time and covering all employees and contractors.
WuXi Biologics has consistently practiced social responsibility and encouraged employees to give back to their communities. In 2021, 798 employees from nine cities in four countries contributed a total of 3,192 hours to volunteer initiatives, covering public health, environmental protection, and youth education. WuXi Biologics' response to the July 2021 Henan floods included an immediate CNY 10 million donation for disaster relief by the WuXi Biologics Charity Foundation, programs to subsidize reconstruction efforts and financial support from the company for impacted employees.
Responsible Governance
Compliance is a cornerstone of WuXi Biologics' business and key to sustainability. The company is guided by shared values of integrity and has zero tolerance for business ethics violations. In 2021, all staff completed compliance training, with a 100% participation and pass rate. Emphasis is placed on information security and intellectual property protection, and measures implemented in these areas enabled the company to obtain ISO 27001 certification at two of its sites in 2021. The company's animal facilities earned accreditation from the International Association for Assessment and Accreditation of Laboratory Animal Care (AAALAC) in 2021, too.
As part of its commitment to maintaining a sustainable supply chain, WuXi Biologics works with suppliers who are socially and environmentally responsible, and who share its high standards, as outlined in its Code of Conduct for Business Partners. In addition, while pandemic circumstances continue to impact many around the world, the company's "Multi-Sourcing and Safety Stock" approach allows it to mitigate any potential risks from supply chain disruptions, and ensures the company can deliver quality products and accelerate project timelines to meet client needs.
WuXi Biologics has been well recognized for its excellent ESG performance by international agencies. The company was assessed as "Low Risk" and recognized as an "ESG Industry Top-Rated Company" by Sustainalytics, received an "A" ESG rating from the Morgan Stanley Capital International (MSCI) ESG rating, and was cited for "Best ESG" by Institutional Investor.
Dr. Chris Chen, WuXi Biologics' CEO and Chairman of the ESG Committee, commented: "Since its inception, WuXi Biologics has been committed to creating greater value for clients, employees, investors, as well as the community at large, while adhering to principles of sustainable development. With our ESG strategies in place, we look forward to refining our corporate governance, enhancing green operations, and actively fulfilling our social responsibilities. As a trusted partner, innovation enabler and contributor to the healthcare industry, we will continue to accelerate and transform the discovery, development and manufacturing of biologics through a comprehensive open-access platform, empowering our global partners and benefiting patients worldwide."
To view the report in full, please visit: https://www.wuxibiologics.com/wp-content/uploads/2021-ESG-Report.pdf
About WuXi Biologics
WuXi Biologics (stock code: 2269.HK) is a global Contract Research, Development and Manufacturing Organization (CRDMO) offering end-to-end solutions that empower partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide.
With over 10,000 skilled employees in China, the United States, Ireland, Germany and Singapore, WuXi Biologics leverages its technologies and expertise to provide customers with efficient and cost-effective biologics discovery, development and manufacturing solutions. As of the end of 2021, WuXi Biologics is supporting over 480 integrated client projects, including nine in commercial manufacturing.
WuXi Biologics views Environmental, Social, and Governance (ESG) responsibilities as an integral component of our ethos and business strategy, and we aim to become an ESG leader in the biologics CRDMO sector. Our facilities use next-generation biomanufacturing technologies and clean energy sources. We have also established an ESG committee led by our CEO to steer the comprehensive ESG strategy and its implementation, further enhancing our commitment to sustainability. For more information about WuXi Biologics, please visit: www.wuxibiologics.com.
Contacts
Media
PR@wuxibiologics.com
ESG
esg@wuxibiologics.com
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SOURCE WuXi Biologics | https://www.whsv.com/prnewswire/2022/04/28/wuxi-biologics-2021-esg-report-reveals-companys-strong-commitment-overall-sustainability/ | 2022-04-28T07:43:24Z |
SuperBase 1000M and 600M feature a metal enclosure and fanless, vent-free design for "whisper-quiet" operation.
PALO ALTO, Calif., April 27, 2022 /PRNewswire/ -- Zendure has just released their newest power stations, SuperBase 1000M and 600M. The space-saving power stations are smaller and lighter than comparable power supplies and are designed for agile mobile lifestyles as well as spontaneous excursions.
The "M Series'' power stations use a metal housing to dissipate heat instead of fans. This allows for a smaller product that runs quieter and is less susceptible to dust and water. Without fans, SuperBase 1000M and 600M create a fraction of the noise that traditional power stations produce. The new power stations peak at around 30Db, approximately as quiet as a whisper. The quiet operation makes it an ideal choice for users who hope to sleep near their power stations.
SuperBase 1000M and 600M can be charged from a variety of sources, including the power grid, solar panels or a car's "cigarette lighter" port. This versatility should prove attractive for people who live off the grid or who want to upgrade their home emergency preparedness kits.
Zendure's power stations offer pure sine wave AC output and a total of 9 output ports: two 1,000W AC outputs, a 100W USB-C PD port, three 12W USB-A ports, a 126W "cigarette lighter" output (100W input), and two 72W DC outputs. The arrangement of the ports is intended to accommodate a variety of use scenarios, including home emergency preparedness, van-life, camping, parties, and outdoor work around the house.
SuperBase M is now available for pre-order on the company's website, with "Early Bird" discounts available for a limited time.
Zendure is a portable power company with a focus on sustainable energy located in Silicon Valley in the United States and the Guangdong - Hong Kong - Macao Greater Bay Area in China. Since its establishment, Zendure has continuously launched innovative products, made rapid breakthroughs in the core technologies of energy storage and power supplies, and continues to bring pleasant surprises to the user experience. The company recently received a multi-million dollar series-A round of funding through a joint investment from Shanghai GP Capital and YOTRIO group.
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SOURCE Zendure | https://www.whsv.com/prnewswire/2022/04/28/zendure-announces-smaller-lighter-quieter-power-stations/ | 2022-04-28T07:43:34Z |
HONOLULU (KITV4) -- One of the candidates to become the next Honolulu police chief has withdrawn his or her name.
The announcement came during the Honolulu Police Commission meeting Wednesday afternoon.
"As of today we have a commitment from seven of the eight candidates for phase two. The eighth candidate provided a general reason for withdrawing as personal and professional reasons," said Honolulu Police Commission executive officer James Yuen.
The next step will be three days of testing, which starts on May 9. The commission expects to pick the next chief by June.
Also during the meeting, interim Honolulu police chief Rade Vanic told commissioners that two officers were recently arrested for domestic violence.
"Both of those cases have been conferred with the prosecutors and both of the cases have been declined," Vanic said.
Still, both remain on restricted duty pending the outcome of an internal investigation. Vanic said one of the officers has 18 years of service and the other has 13.
The department also gave an update on its new P25 radio system. Since the media and public can no longer listen in, the chief said they're still working to make the information more accessible.
"That's something we're continuing to work with ITD on. That's something that's possible that we could maybe put on our website," Vanic said.
Also during the meeting, commissioners asked Vanic about what appears to be an increase in violent crime on Oahu.
"One of the things I'd like to point out though is when you compare numbers anecdotally to previous years pre-COVID, while there are some categories where we are slightly higher, for the most part they are kind of on par with years like 2019, 2018, But definitely compared to 2020, 2021 we have seen an increase from those years," Vanic said.
The chief said he'd have a more comprehensive report on violent crime during the next Honolulu Police Commission meeting, which is set for next week Wednesday, May 4.
Marisa Yamane joined KITV4 in January 2022 as an anchor and executive producer. She is an award-winning veteran journalist, who’s spent most of her career in Hawaii. She’s a proud graduate of Iolani School and UCLA. | https://www.kitv.com/news/crime/one-less-candidate-in-the-running-for-the-next-honolulu-police-chief/article_fdc01bf4-c6b8-11ec-afa3-bba794ad3a98.html | 2022-04-28T09:04:55Z |
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United States of America US Virgin Islands United States Minor Outlying Islands Canada Mexico, United Mexican States Bahamas, Commonwealth of the Cuba, Republic of Dominican Republic Haiti, Republic of Jamaica Afghanistan Albania, People's Socialist Republic of Algeria, People's Democratic Republic of American Samoa Andorra, Principality of Angola, Republic of Anguilla Antarctica (the territory South of 60 deg S) Antigua and Barbuda Argentina, Argentine Republic Armenia Aruba Australia, Commonwealth of Austria, Republic of Azerbaijan, Republic of Bahrain, Kingdom of Bangladesh, People's Republic of Barbados Belarus Belgium, Kingdom of Belize Benin, People's Republic of Bermuda Bhutan, Kingdom of Bolivia, Republic of Bosnia and Herzegovina Botswana, Republic of Bouvet Island (Bouvetoya) Brazil, Federative Republic of British Indian Ocean Territory (Chagos Archipelago) British Virgin Islands Brunei Darussalam Bulgaria, People's Republic of Burkina Faso Burundi, Republic of Cambodia, Kingdom of Cameroon, United Republic of Cape Verde, Republic of Cayman Islands Central African Republic Chad, Republic of Chile, Republic of China, People's Republic of Christmas Island Cocos (Keeling) Islands Colombia, Republic of Comoros, Union of the Congo, Democratic Republic of Congo, People's Republic of Cook Islands Costa Rica, Republic of Cote D'Ivoire, Ivory Coast, Republic of the Cyprus, Republic of Czech Republic Denmark, Kingdom of Djibouti, Republic of Dominica, Commonwealth of Ecuador, Republic of Egypt, Arab Republic of El Salvador, Republic of Equatorial Guinea, Republic of Eritrea Estonia Ethiopia Faeroe Islands Falkland Islands (Malvinas) Fiji, Republic of the Fiji Islands Finland, Republic of France, French Republic French Guiana French Polynesia French Southern Territories Gabon, Gabonese Republic Gambia, Republic of the Georgia Germany Ghana, Republic of Gibraltar Greece, Hellenic Republic Greenland Grenada Guadaloupe Guam Guatemala, Republic of Guinea, Revolutionary
People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe | https://www.kitv.com/news/local/bodyboarder-pronounced-dead-off-kahala-beach/article_8cea425a-c6b9-11ec-976c-7ba2bb7e1e60.html | 2022-04-28T09:05:07Z |
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United States of America US Virgin Islands United States Minor Outlying Islands Canada Mexico, United Mexican States Bahamas, Commonwealth of the Cuba, Republic of Dominican Republic Haiti, Republic of Jamaica Afghanistan Albania, People's Socialist Republic of Algeria, People's Democratic Republic of American Samoa Andorra, Principality of Angola, Republic of Anguilla Antarctica (the territory South of 60 deg S) Antigua and Barbuda Argentina, Argentine Republic Armenia Aruba Australia, Commonwealth of Austria, Republic of Azerbaijan, Republic of Bahrain, Kingdom of Bangladesh, People's Republic of Barbados Belarus Belgium, Kingdom of Belize Benin, People's Republic of Bermuda Bhutan, Kingdom of Bolivia, Republic of Bosnia and Herzegovina Botswana, Republic of Bouvet Island (Bouvetoya) Brazil, Federative Republic of British Indian Ocean Territory (Chagos Archipelago) British Virgin Islands Brunei Darussalam Bulgaria, People's Republic of Burkina Faso Burundi, Republic of Cambodia, Kingdom of Cameroon, United Republic of Cape Verde, Republic of Cayman Islands Central African Republic Chad, Republic of Chile, Republic of China, People's Republic of Christmas Island Cocos (Keeling) Islands Colombia, Republic of Comoros, Union of the Congo, Democratic Republic of Congo, People's Republic of Cook Islands Costa Rica, Republic of Cote D'Ivoire, Ivory Coast, Republic of the Cyprus, Republic of Czech Republic Denmark, Kingdom of Djibouti, Republic of Dominica, Commonwealth of Ecuador, Republic of Egypt, Arab Republic of El Salvador, Republic of Equatorial Guinea, Republic of Eritrea Estonia Ethiopia Faeroe Islands Falkland Islands (Malvinas) Fiji, Republic of the Fiji Islands Finland, Republic of France, French Republic French Guiana French Polynesia French Southern Territories Gabon, Gabonese Republic Gambia, Republic of the Georgia Germany Ghana, Republic of Gibraltar Greece, Hellenic Republic Greenland Grenada Guadaloupe Guam Guatemala, Republic of Guinea, Revolutionary
People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe | https://www.kitv.com/weather/wednesday-evening-weather-report-april-27-2022/article_084d4b90-c6c4-11ec-905a-eff8f7e67686.html | 2022-04-28T09:05:13Z |
Man accused of luring more than 100 children into making child porn
SACRAMENTO, Calif. (Gray News) - A 24-year-old California man was arrested on accusations of producing and distributing child pornography. Authorities believe he convinced dozens of children to send him sexually explicit images of themselves and others.
Demetrius Carl Davis, 24, was booked Tuesday on felony charges of committing a lewd or lascivious act with a child under 14, according to jail records. He is ineligible for bail.
Davis is suspected of communicating with over 100 children in the guise of a young girl named Lizzy. Sgt. Rodney Grassmann, a spokesman for the Sacramento County Sheriff’s Office, says Davis used social media accounts to connect with the victims and “groom” them.
More than 80 victims have been identified across the United States, and at least 15 others are believed to live internationally.
Grassmann says the victims vary in age, but most are between the ages of 6 and 13.
Davis is accused of using sexually explicit language in conversations with the victims and sending them videos of child pornography. He is also accused of telling the children to make child pornography that showed them “engaging in sexual acts with their siblings and other children,” according to Grassmann.
The Sacramento Internet Crimes Against Children task force learned about Davis’ alleged crimes after receiving a cybertip from the National Center for Missing and Exploited Children.
During a search of Davis’ home in December 2021, investigators found recordings of “children engaging in sexual acts,” Grassmann says. Forensic analysis allegedly revealed files of child pornography in Davis’ cell phones and social media accounts.
Authorities are encouraging parents to check their children’s electronic devices for any suspect communication from late 2020 to December 2021. Those who believe their children have been victimized should contact the ICAC task force.
Davis is scheduled to appear in court Thursday.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/04/28/man-accused-luring-more-than-100-children-into-making-child-porn/ | 2022-04-28T09:11:30Z |
MDOT to resurface M-25 north of Lakeport starting Monday
Road work is slated to begin Monday along M-25 north of Lakeport in Sanilac County.
The Michigan Department of Transportation will invest $1.4 million to resurface 5.6 miles of M-25 from Fisher to Mortimer Line roads, according to a department press release.
During the work, one lane will be open during daytime working hours with traffic regulators. Work is expected to be complete June 30, the department said.
The project is intended to improve the life of the road.
Jocelyn Garza, MDOT regional spokeswoman, said the road will be milled and resurfaced and joints will be replaced.
There have been calls from the public and State Rep. Andrew Beeler to install a turn lane or other safety improvements from roughly Lakeport to Harris Road on M-25 following two fatal crashes in the area late last year and early this year.
Read more: Two fathers who lost their children in fatal crashes on M-25 want road to be safer
Garza said this project sits just outside the area that the public has voiced concern about.
MDOT is continuing to review the M-25 corridor in northern St. Clair County and southern Sanilac County for any potential safety improvements. The agency is also working with local law enforcement to increase patrols, and hopes to improve awareness with through educational campaigns, Garza said.
Garza said MDOT is exploring the possibility of a road safety audit of the M-25 corridor, which could include the section of roughly Lakeport to Harris Road, but is not clear if the location will qualify.
A road safety audit uses experts from outside the area to perform an unbiased, independent road safety examination that identifies potential safety issues and opportunities for improvement.
"We’re always looking for safety improvements along all corridors, but when there is a location with a number of serious crashes, we review the nature of those crashes and if there is anything about the road that might contribute," Garza said. "In this case, because the crashes are related to driver error, it is very difficult to make a change to the road."
Garza said changing the road design is a lengthy process if the review indicates that a change might improve safety.
Garza pointed to other road safety projects recently completed as part of MDOT's ongoing commitment to it.
Garza said a different section of M-25 recently saw some tree trimming to make sure trees weren’t blocking any signs on the road, and also improve the sight distance for drivers making turns on M-25 and Lakeshore Road.
Contact Laura Fitzgerald at (810) 941-7072 at lfitzgeral@gannett.com. | https://www.thetimesherald.com/story/news/2022/04/28/mdot-resurface-m-25-north-lakeport-starting-may-2/9554761002/ | 2022-04-28T10:04:15Z |
Ala. high schooler offered more than $3M in scholarships
BIRMINGHAM, Ala. (WBRC/Gray News) - An Alabama high school valedictorian announced he will be attending Harvard University after getting more than $3 million in scholarships from dozens of colleges.
Kylan Benson has earned more than $3 million in scholarships from more than a dozen of the nation’s top Ivy League and post-secondary institutions. He is the class valedictorian at Ramsay IB High School in Birmingham, Alabama, and will graduate in 2022 with a 4.5 GPA, a 31 on the ACT and other academic and civic honors.
During a news conference Wednesday, Benson announced he is going to Harvard University, WBRC reports.
“Getting accepted into Ivy League schools like Harvard and Yale has been a wonderful feeling, especially with how selective schools of that caliber are. After working hard in school for so many years, it’s good to see the fruits of my labor,” Benson said.
Benson said he hopes to carry the foundation he received at Ramsay forward with him into the future. He said he attended the high school “because of the rigorous and internationally recognized” International Baccalaureate program.
“Being an IB scholar helped me stand out as a candidate for admission to the schools that I applied to. The IB program stresses being a global-minded citizen, and this has deepened my passion for serving the world. I’m not quite sure exactly what I want to do in the future, but I’ve been considering politics, foreign service or even nonprofit work. Anything that gives me the influence to positively impact others gives me personal fulfillment,” he said.
Copyright 2022 WBRC via Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/04/28/ala-high-schooler-offered-more-than-3m-scholarships/ | 2022-04-28T10:41:45Z |
Climate change may increase risk of new infectious diseases, study says
(AP) - Climate change will result in thousands of new viruses spread among animal species by 2070 — and that’s likely to increase the risk of emerging infectious diseases jumping from animals to humans, according to a new study.
This is especially true for Africa and Asia, continents that have been hotspots for deadly disease spread from humans to animals or vice versa over the last several decades, including the flu, HIV, Ebola and coronavirus.
Researchers, who published their findings Thursday in the journal Nature, used a model to examine how over 3,000 mammal species might migrate and share viruses over the next 50 years if the world warms by 2 degrees Celsius (3.6 degrees Fahrenheit), which recent research shows is possible.
They found that cross-species virus spread will happen over 4,000 times among mammals alone. Birds and marine animals weren’t included in the study.
Researchers said not all viruses will spread to humans or become pandemics the scale of the coronavirus, but the number of cross-species viruses increases the risk of spread to humans.
The study highlights two global crises — climate change and infectious disease spread — as the world grapples with what to do about both.
Previous research has looked at how deforestation and extinction and wildlife trade lead to animal-human disease spread, but there’s less research about how climate change could influence this type of disease transmission, the researchers said at a media briefing Wednesday.
“We don’t talk about climate a lot in the context of zoonoses,” or diseases that can spread from animals to people, said study co-author Colin Carlson, an assistant professor of biology at Georgetown University. “Our study ... brings together the two most pressing global crises we have.”
Experts on climate change and infectious disease agreed that a warming planet will likely lead to increased risk for the emergence of new viruses.
Daniel R. Brooks, a biologist at University of Nebraska State Museum and co-author of the book “The Stockholm Paradigm: Climate Change and Emerging Disease,” said the study acknowledges the threat posed by climate change in terms of increasing risk of infectious diseases.
“This particular contribution is an extremely conservative estimate for potential” emerging infectious disease spread caused by climate change, said Brooks.
Aaron Bernstein, a pediatrician and interim director of The Center for Climate, Health, and the Global Environment at Harvard T.H. Chan School of Public Health, said the study confirms long-held suspicions about the impact of warming on infectious disease emergence.
“Of particular note is that the study indicates that these encounters may already be happening with greater frequency and in places near where many people live,” Bernstein said.
Study co-author Gregory Albery, a disease ecologist at Georgetown University, said that because climate-driven infectious disease emergence is likely already happening, the world should be doing more to learn about and prepare for it.
“It is not preventable, even in the best case climate change scenarios,” Albery said.
Carlson, who was also an author on the latest report from the Intergovernmental Panel on Climate Change, said we must cut greenhouse gas and phase out fossil fuels to reduce the risk of infectious disease spread.
Jaron Browne, organizing director of the climate justice group Grassroots Global Justice Alliance, said the study highlights climate injustices experienced by people living in African and Asian nations.
“African and Asian nations face the greatest threat of increased virus exposure, once again illustrating how those on the frontlines of the crisis have very often done the least to create climate change,” Browne said.
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Follow Drew Costley on Twitter: @drewcostley
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The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/04/28/climate-change-may-increase-risk-new-infectious-diseases-study-says/ | 2022-04-28T10:41:51Z |
Ukraine says Russian offensive in east picks up momentum
IRPIN, Ukraine (AP) - Ukraine said Thursday that Russia’s offensive in the east picked up momentum, with several towns coming under intense attack as Moscow’s forces attempt to surround Ukrainian troops.
In a reminder of the horrific toll the war has taken since it began Feb. 24, United Nations Secretary-General António Guterres visited towns outside the capital of Kyiv where evidence of mass killings of civilians was found after Russia’s retreat from the area.
The fighting gathered pace after Russia suddenly cut off natural gas to two NATO nations on Wednesday, in what was seen as a bid to punish and divide the West over its support for Ukraine ahead of the potentially pivotal battle in the eastern industrial region of the Donbas.
The General Staff of Ukraine’s military said Russian forces were “exerting intense fire” in several places as they pushed on with the second phase of their invasion. The most intensive action was around Donetsk and close to Kharkiv, which lies outside the Donbas but is seen as key to Russia’s apparent bid to encircle Ukrainian troops there.
Tatiana Pirogova spoke of the intense fear of living under constant bombardment.
“It’s not just scary. It’s when your stomach contracts from pain” the Kharkiv resident said. “When they shoot during the day, it’s still OK, but when the evening comes, I can’t describe how scary it is.”
The General Staff said that over the past 24 hours, the Ukrainian forces have repelled six attacks in the Donbas, control of which is now Moscow’s primary focus ever since its initial offensive faltered and failed to take the Ukrainian capital.
Luhansk governor Serhiy Haidai said the Russian army shelled the residential area in his region “29 times by aircrafts, multiple rocket launches, tube artillery and mortars.”
Satellite photos analyzed by The Associated Press also showed evidence of intense Russian fire on Mariupol in recent days. The images show how concentrated attacks have greatly damaged a central facility at the Azovstal steelworks, the last redoubt of Ukrainian fighters in the key battleground city.
An estimated 1,000 civilians are sheltering along with about 2,000 Ukrainian fighters in the steelworks, a massive Soviet-era complex with a warren of underground facilities built to withstand airstrikes.
Russia, meanwhile, said a city under its control in the south also came under fire.
With the war now in its third month, Guterres on Thursday toured towns outside Kyiv, including Bucha, that have seen some of the most horrific attacks of the war.
“Civilians always pay the highest price,” he said as he visited the bombed out suburb of Irpin. “And this is something everyone should remember, everywhere in the world. Wherever there is a war the highest price is paid by civilians.”
Evidence of atrocities was discovered in the towns Guterres visited on Thursday after the Russians retreated from the area in the face a fiercer than expected Ukrainian resistance, bolstered by Western arms.
In what could be a further Ukrainian counterattack, a series of explosions boomed near the television tower late Wednesday in southern Ukraine’s Kherson, which has been occupied by Russian forces since early in the war. The blasts at least temporarily knocked Russian channels off the air, Ukrainian and Russian news organizations reported.
Ukraine has urged its allies to send even more military equipment so it can continue its fight.
NATO chief Jens Stoltenberg said Thursday that “up to date, NATO allies have pledged and provided at least 8 billion U.S. dollars in military support to Ukraine. And we see the importance of further stepping up our support to Ukraine.”
While Russia’s initial blitz was stunted — and it suffered the humiliating loss of a massive warship — Britain’s Defense Ministry said the Russian navy still has the ability to strike coastal targets in Ukraine.
In an intelligence briefing posted Thursday morning, the ministry says that about 20 Russia naval vessels, including submarines, are currently operating the Black Sea zone.
But the ministry says Russia isn’t able to replace the guided-missile cruiser Moskva, which sank earlier this month in the Black Sea, because the Bosporus Strait remains closed to all non-Turkish warships. Russia also lost the landing ship Saratov, which was destroyed by explosions and fire on March 24.
While it presses its campaign in the east, Moscow has also piled on the pressure by leveraging its biggest export product —energy, cutting off NATO members Poland and Bulgaria from its natural gas on Wednesday.
European leaders blasted that decision as “blackmail,” saying the move and the Kremlin’s warning that it might cease shipments to other countries is a failed attempt to divide the West over its support for Ukraine.
The tactic against the two EU countries could eventually force targeted nations to ration gas and deal another blow to economies suffering from rising prices. At the same time, it could deprive Russia of badly needed income to fund its war effort.
The gas cuts do not immediately put the two countries in any dire trouble. Poland, especially, has been working for many years to line up other suppliers, and the continent is heading into summer, making gas less essential for households.
Gazprom said it shut off the two countries because they refused to pay in rubles, as President Vladimir Putin has demanded of “unfriendly” nations. The Kremlin said other countries may be cut off if they don’t agree to the payment arrangement.
European countries have balked at Russia’s demand for rubles. Moscow has since proposed a system that it says satisfies its demand — but that the Europeans say means they are still paying in either euros or dollars.
“Europe (and) Germany will make payments in euros and others may pay in dollars, and not in rubles,” Germany’s Economy Minister Robert Habeck said Wednesday. “The conversion, once the payments have been made, is a matter for Gazprom. We have discussed this with the European Union. We will continue down this path.”
Still, the cutoff and the Kremlin warning that other countries could be next sent shivers of worry through the 27-nation European Union. Germany is the world’s biggest buyer of Russian energy, and Italy is also a significant consumer, though they, too, have been taking steps to reduce their dependence on Moscow.
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Gambrell reported from Lviv, Ukraine, and Gera reported from Warsaw, Poland. Associated Press journalists Jill Lawless in London, Yuras Karmanau in Lviv, David Keyton in Kyiv, Oleksandr Stashevskyi at Chernobyl, Mstyslav Chernov in Kharkiv, and AP staff around the world contributed to this report.
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Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/04/28/european-leaders-blast-cutoff-russian-gas-blackmail/ | 2022-04-28T10:42:00Z |
7-month-old baby shot and killed in Ohio
Published: Apr. 28, 2022 at 6:58 AM EDT|Updated: 1 hour ago
TOLEDO, Ohio (WTVG/Gray News) - A 7-month-old baby was shot and killed Wednesday,
Toledo Police said that Desire Hughes was killed after shots were fired into a vehicle belonging to her father, Jeremiah Hughes, WTVG reported.
Officers responded to a hospital where the baby was being treated for at least one gunshot wound.
Hughes, 20, was driving when occupants of an unknown vehicle fired shots into his car at the intersection of Jackman Road and Hillcrest Avenue, police said.
The father was grazed by a bullet and released from the hospital.
At this time, no suspects are in custody, police said.
Copyright 2022 WTVG via Gray Media Group. All rights reserved. | https://www.wvva.com/2022/04/28/7-month-old-baby-shot-killed-ohio/ | 2022-04-28T12:14:02Z |
Another sunny day today; becoming usettled this weekend
Rain and even some thunderstorms return to the region this weekend
It’s another chilly morning out there with temperatures in the 30s and 40s but we will warm up into the 60s for most this afternoon. Mainly sunny skies are expected once again but we will notice increasing clouds heading into the evening hours. We will stay breezy throughout the day but won’t be nearly as windy as we were yesterday.
It’ll be another chilly night but not quite as cold as we have the past few nights. Lows are expected to get down into the 40s for most with partly cloudy skies.
Most will stay dry tomorrow with mainly cloudy skies, however, a stray shower cannot be ruled out. Temperatures will be slightly warmer in the 60s tomorrow afternoon.
Scattered showers will move in on Friday night and we will stay unsettled throughout the weekend. Off-and-on showers are possible on Saturday and showers and thunderstorms are likely at times on Sunday. We will be warmer though with highs in the 60s and 70s.
We will stay warm and unsettled heading into next week. Make sure to stay tuned and catch the latest on WVVA.
Copyright 2022 WVVA. All rights reserved. | https://www.wvva.com/2022/04/28/another-sunny-day-today-becoming-usettled-this-weekend/ | 2022-04-28T12:14:12Z |
Moderna seeks to be 1st with COVID-19 vaccine for littlest kids
(AP) - Moderna on Thursday asked U.S. regulators to authorize low doses of its COVID-19 vaccine for children younger than 6, a long-awaited move toward potentially opening shots for millions of tots by summer.
Frustrated families are waiting impatiently for a chance to protect the nation’s littlest kids as all around them people shed masks and other public health precautions -- even though highly contagious coronavirus mutants continue to spread.
Moderna submitted data to the Food and Drug Administration that it hopes will prove two low-dose shots can protect babies, toddlers and preschoolers -- albeit not as effectively during the omicron surge as earlier in the pandemic.
“There is an important unmet medical need here with these youngest kids,” Dr. Paul Burton, Moderna’s chief medical officer, told The Associated Press. Two kid-size shots “will safely protect them. I think it is likely that over time they will need additional doses. But we’re working on that.”
Now, only children ages 5 or older can be vaccinated in the U.S., using rival Pfizer’s vaccine, leaving 18 million younger tots unprotected.
Moderna’s vaccine isn’t the only one in the race. Pfizer is soon expected to announce if three of its even smaller-dose shots work for the littlest kids, months after the disappointing discovery that two doses weren’t quite strong enough.
Whether it’s one company’s shots or both, FDA vaccine chief Dr. Peter Marks said the agency will “move quickly without sacrificing our standards” in deciding if tot-sized doses are safe and effective.
While questions are swirling about what’s taking so long, Marks pointedly told lawmakers this week that the FDA can’t evaluate a product until a manufacturer completes its application. FDA will publicly debate the evidence with its scientific advisers before making a decision, and Marks said multiple meetings would be set to cover several expected applications.
“It’s critically important that we have the proper evaluation so that parents will have trust in any vaccines that we authorize,” Marks told a Senate committee.
If FDA clears vaccinations for the littlest, next the Centers for Disease Control and Prevention would have to recommend who needs them -- all tots or just those at higher risk from COVID-19.
Many parents are desperate for whichever vaccine gets to the scientific finish line first.
“We’ve been kind of left behind as everybody else moves on,” said Meagan Dunphy-Daly, a Duke University marine biologist whose 6-year-old daughter is vaccinated -- but whose 3-year-old and 18-month-old sons are part of Pfizer’s trial.
The family continues to mask and take other precautions until it’s clear if the boys got real vaccine or dummy shots. If it turns out they weren’t protected in the Pfizer study and Moderna’s shots are cleared first, Dunphy-Daly said she’d seek them for her sons.
“I will feel such a sense of relief when I know my boys are vaccinated and that the risk of them getting a serious infection is so low,” she said.
Some parents even have urged the government to let families choose shots before all the evidence is in.
“This strain of COVID feels almost impossible to dodge,” Dana Walker, a mother of an 8-month-old, tearfully told a CDC meeting last week. “Cut red tape and allow parents to protect their kids.”
The FDA will face some complex questions.
In a study of kids ages 6 months through 5 years, two Moderna shots — each a quarter of the regular dose — triggered high levels of virus-fighting antibodies, the same amount proven to protect young adults, Burton said. There were no serious side effects, and the shots triggered fewer fevers than other routine vaccinations.
But the vaccine proved between about 40% and 50% effective at preventing symptomatic COVID-19 during the trial. Burton blamed the omicron variant’s ability to partially evade vaccine immunity, noting that unboosted adults showed similarly less effectiveness against milder omicron infections. While no children became severely ill during the study, he said high antibody levels are a proxy for protection against more serious illness — and the company will test a child booster dose.
Another issue: So far in the U.S., Moderna’s vaccine is restricted to adults. Other countries have expanded the shot to kids as young as 6. But months ago the FDA cited concern about a rare side effect, heart inflammation, in teen boys, and it hasn’t ruled on Moderna’s earlier pediatric applications.
Burton said the FDA may consider its vaccine for children of all ages — but also might open it first to the youngest kids who have no other option. He said safety data from millions of older children given Moderna vaccinations abroad should help reassure parents.
While COVID-19 generally isn’t as dangerous in youngsters as adults, some do become severely ill or even die. About 475 children younger than 5 have died from COVID-19 since the pandemic’s start, according to the CDC, and child hospitalizations soared at omicron’s peak.
Yet it’s not clear how many parents intend to vaccinate the youngest kids. Less than a third of children ages 5 to 11 have had two vaccinations, and 58% of those ages 12 to 17.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/04/28/moderna-seeks-be-1st-with-covid-19-vaccine-littlest-kids/ | 2022-04-28T12:14:18Z |
Trevor Reed back in US, one day after Russian prisoner swap
WASHINGTON (AP) — Trevor Reed is back in the United States one day after the Marine veteran was swapped for a Russian drug trafficker in a prisoner exchange between Washington and Moscow, his mother tweeted early Thursday morning.
“It’s been very exciting day for The Reed family. Trevor is back in the USA,” Paula Reed said on Twitter. Photographs tweeted from the account of Rep. August Pfluger, a Texas Republican, also showed him standing next to Reed.
His destination was not immediately clear. Reed’s parents live in Granbury, Texas, near Dallas.
Reed was swapped in Turkey on Wednesday for Konstantin Yaroshenko, who had been serving a 20-year prison sentence in a cocaine trafficking conspiracy case.
“I think it’s going to really hit home for him and for us when we finally get to see him and touch him,” Reed’s father, Joey, said in an interview with The Associated Press on Wednesday.
Reed, a 30-year-old former Marine, was arrested in the summer of 2019 after Russian authorities said he assaulted an officer while being driven by police to a police station following a night of heavy drinking.
He was later sentenced to nine years in prison. The U.S. government described him as unjustly detained and pressed for his release; his family asserted his innocence and expressed concerns about his deteriorating health — which included coughing up blood and a hunger strike.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/04/28/trevor-reed-back-us-one-day-after-russian-prisoner-swap/ | 2022-04-28T12:14:28Z |
Mom of 6 killed after trying to help friend in abusive relationship
RACINE, Wis. (WISN) - A manhunt is underway for a man suspected of killing a 30-year-old mother of six in Wisconsin. Her family says she was killed after trying to help a friend in an abusive relationship.
Police are looking for 42-year-old Terry Jackson in the death of 30-year-old Brittany Booker. He’s considered armed and dangerous. There’s a $2,000 reward for information leading to his location.
Booker’s body was found Sunday morning in her vehicle in Racine, Wisconsin. She leaves behind six children, the youngest just 2 years old.
“This is not fair. It’s not fair to her,” said her cousin, Shameeka Boykin. “No one is doing good right now.”
Investigators say one of Booker’s friends was involved in an abusive relationship with Jackson. When Booker helped her friend in February, Jackson attacked her with a hammer, they say. Booker survived that attack.
However, two months later, police say Jackson came back and killed Booker.
“She didn’t deserve it. He didn’t have to do her like that,” said Booker’s cousin, Faith Spencer.
Police say Jackson is 5 feet, 9 inches tall and weighs about 210 pounds. He has several warrants out for his arrest, including attempted homicide in relation to the alleged hammer attack.
Anyone with information on Jackson’s whereabouts is asked to call Racine Police or Crime Stoppers.
Copyright 2022 WISN via CNN Newsource. All rights reserved. | https://www.whsv.com/2022/04/27/mom-6-killed-after-trying-help-friend-abusive-relationship/ | 2022-04-28T12:57:37Z |
THURSDAY
Caregivers for loved ones with Alzheimer’s/dementia: 3 p.m., meet for coffee, pie, understanding and comradeship at Perkins Restaurant & Bakery, 204 S. 30th St. For more information, call 307-745-6451.
Albany County Democrats host legislative town hall and pizza party: 5:30-7:30 p.m., Lincoln Community Center, 365 W. Grand Ave. Also will be livestreamed on the Albany County Democrats Facebook page.
International Night at Laramie High School: 6-7:30 p.m., at the school. Tickets cost $15 and are available 3:15-4:15 p.m. in the lobby through April 22.
Stitching the Past Together creative aging class: 6:30-8 p.m., Albany County Public Library large meeting room. Students will learn memory-based storytelling through beading techniques in this free course. Register at acplwy.org or at the circulation desk.
WU Theatre and Dance presents rock musical “Be Like Joe”: 7:30 p.m., Buchanan Center for the Performing Arts. For tickets — $14, $11 for seniors and $7 for students — call 307-766-6666 or visit uwyo.edu/finearts.
FRIDAY
Free stress relief clinic: Noon to 1 p.m., Laramie Plains Civic Center Phoenix Ballroom.
Pianist Cory Smythe public recital: 7 p.m., Buchanan Center for the Performing Arts. Performing with Sherry Sinift on violin and James Przygocki on viola. Free to attend.
UW Planetarium presents “Mars”: 7 p.m., UW Planetarium. The red planet is host to many questions; did it used to be like Earth? Did it once harbor life? Could it still support life?
WU Theatre and Dance presents rock musical “Be Like Joe”: 7:30 p.m., Buchanan Center for the Performing Arts. For tickets — $14, $11 for seniors and $7 for students — call 307-766-6666 or visit uwyo.edu/finearts.
SATURDAY
Free stress relief clinic: 10-11 a.m., Laramie Plains Civic Center Phoenix Ballroom.
UW Planetarium presents “Mexica Archaeoastronomy”: 2 p.m., UW Planetarium. Illustrates the important role played by astronomical observation for the evolution of pre-Hispanic cultures in central Mexico.
Bingo at the Moose Lodge: 6 p.m., Laramie Moose Lodge, 409 S. 3rd St.
UW Planetarium presents “Liquid Sky, Electronica”: 7 p.m., UW Planetarium. Enjoy a custom playlist of music from today’s top artists.
WU Theatre and Dance presents rock musical “Be Like Joe”: 7:30 p.m., Buchanan Center for the Performing Arts. For tickets — $14, $11 for seniors and $7 for students — call 307-766-6666 or visit uwyo.edu/finearts.
SUNDAY
Learn about veterans benefits and how to apply: 3 p.m., American Legion post, 417 E. Ivinson Ave. Free and open to the public.
UW Wind Symphony presents “Postcards”: 7:30 p.m., Buchanan Center for the Performing Arts. Tickets are $12 general, $8 seniors, and $6 for students, and can be bought at 307-766-6666 or uwyo.edu/finearts.
MONDAY
Alcoholics Anonymous meets: Daily at various times in person or on Zoom. For more information, call 307-399-0590 or visit area76aawyoming.org or aa.org.
Survivors of Suicide Support Group: Meets from 5:30-6:45 p.m. at Hospice of Laramie House, 1754 Centennial Drive.
Women for Sobriety meet: 6:30-8:30 p.m. via Zoom. For meeting details, email 1093@womenforsobriety.org.
Community and symphonic bands host free spring concert: 7:30 p.m., Buchanan Center for the Performing Arts.
TUESDAY
Prayers & Squares Quilting Group meets: 9 a.m., Room 1 of Hunter Hall at St. Matthews Cathedral.
Free stress relief clinic: 1-2 p.m., Laramie Plains Civic Center Phoenix Ballroom.
UW Planetarium presents “Wyoming Skies”: 8 p.m., UW Planetarium. What’s up in the sky around Wyoming? Tickets $5; $3 for UW students, staff and first responders; free for children younger than 5. Call 307-766-6506.
WEDNESDAY
Laramie Tai Chi and tea: Meets at 1:30 p.m. at the north end of the stadium in Laramie Plainsman Park, North 15th and Reynolds. For more information, visit laramietaichiandtea.org.
Ivinson Medical Group women’s health prenatal education: 5:30 p.m., Ivinson Memorial Hospital in the Summit Conference Room. Learn more or register at ivinsonhospital.org/childbirth.
May 5
Caregivers for loved ones with Alzheimer’s/dementia: 3 p.m., meet for coffee, pie, understanding and comradeship at Perkins Restaurant & Bakery, 204 S. 30th St. For more information, call 307-745-6451.
Diabetes Support Group meets: 5:30-6:30 p.m. via Zoom. Email questions@ivinsosnhospital.org for the link.
Cinco de Mayo at the Wyoming Territorial Prison State Historic Site: 5:30-7:30 p.m., Horse Barn Theater at the site. Free to public.
Stitching the Past Together creative aging class: 6:30-8 p.m., Albany County Public Library large meeting room. Students will learn memory-based storytelling through beading techniques in this free course. Register at acplwy.org or at the circulation desk.
UW Symphony presents “An American in Paris”: 7:30 p.m., Buchanan Center for the Performing Arts concert hall. For tickets call 307-766-6666, visit the UW box offices at Fine Arts or the Student Union, or visit uwyo.edu/fineart.
May 6
Free stress relief clinic: Noon to 1 p.m., Laramie Plains Civic Center Phoenix Ballroom.
UW Planetarium presents “Astrology”: 8 p.m., UW Planetarium. Look into the past at the origins of astrology and learn how it’s affected the world, along with why we don’t depend on it today. Tickets $5; $3 for UW students, staff and first responders; free for children younger than 5. Call 307-766-6506.
May 7
Free stress relief clinic: 10-11 a.m., Laramie Plains Civic Center Phoenix Ballroom.
UW Planetarium presents “Europe to the Stars”: 2 p.m., UW Planetarium. An epic journey behind the scenes at the most productive ground-based observatory in the world. Tickets $5; $3 for UW students, staff and first responders; free for children younger than 5. Call 307-766-6506.
VFW Post 2221 Commander’s Charity Dinner: 5:30-8 p.m., 2142 E. Garfield St. Tickets 412 at the door, all proceeds to benefit VFW Poppy Fund and Albany County Search and Rescue.
UW Planetarium presents “Liquid Sky Indie Rock”: 8 p.m., UW Planetarium. Enjoy a custom playlist of music from out-of-this-world artists pushing the limits of rock. Tickets $5; $3 for UW students, staff and first responders; free for children younger than 5. Call 307-766-6506.
May 9
Alcoholics Anonymous meets: Daily at various times in person or on Zoom. For more information, call 307-399-0590 or visit area76aawyoming.org or aa.org.
Survivors of Suicide Support Group: Meets from 5:30-6:45 p.m. at Hospice of Laramie House, 1754 Centennial Drive.
Women for Sobriety meet: 6:30-8:30 p.m. via Zoom. For meeting details, email 1093@womenforsobriety.org.
May 10
Prayers & Squares Quilting Group meets: 9 a.m., Room 1 of Hunter Hall at St. Matthews Cathedral.
Free stress relief clinic: 1-2 p.m., Laramie Plains Civic Center Phoenix Ballroom.
Albany County Republican Party meets: 6 p.m., Albany County Public Library.
May 11
Laramie Tai Chi and tea: Meets at 1:30 p.m. at the north end of the stadium in Laramie Plainsman Park, North 15th and Reynolds. For more information, visit laramietaichiandtea.org.
Ivinson Medical Group women’s health prenatal education: 5:30 p.m., Ivinson Memorial Hospital in the Summit Conference Room. Learn more or register at ivinsonhospital.org/childbirth.
May 12
Caregivers for loved ones with Alzheimer’s/dementia: 3 p.m., meet for coffee, pie, understanding and comradeship at Perkins Restaurant & Bakery, 204 S. 30th St. For more information, call 307-745-6451.
Stitching the Past Together creative aging class: 6:30-8 p.m., Albany County Public Library large meeting room. Students will learn memory-based storytelling through beading techniques in this free course. Register at acplwy.org or at the circulation desk.
May 13
Free stress relief clinic: Noon to 1 p.m., Laramie Plains Civic Center Phoenix Ballroom.
UW Planetarium presents “Extrasolar Planets”: 8 p.m., UW Planetarium. Just a couple of decades ago scientists could only speculate if planets existed around the other stars of our galaxy. Today, an abundance of diverse worlds are cataloged each day. Tickets $5; $3 for UW students, staff and first responders; free for children younger than 5. Call 307-766-6506.
May 14
University of Wyoming graduation ceremony: 8:30 a.m., UW Arena-Auditorium, undergraduate ceremony for the colleges of Agriculture and Natural Resources, Engineering and Applied Science and School of Energy Resources.
Free stress relief clinic: 10-11 a.m., Laramie Plains Civic Center Phoenix Ballroom.
University of Wyoming graduation ceremony: 10 a.m., Buchanan Center for the Performing Arts, for the College of Law.
University of Wyoming graduation ceremony: 12:15 p.m., UW Arena-Auditorium, for master’s and doctoral students from colleges of Agriculture and Natural Resources, Business, Education, Engineering and Applied Science, Health Sciences and Haub School of Environment and Natural Resources.
UW Planetarium presents “Out There: Extrasolar Worlds”: 2 p.m., UW Planetarium. For thousands of years, mankind thought that the Earth was the center of the universe. Thanks to our curiosity, imagination and urge to explore, we now know that planets like ours are nothing special in the cosmos. Tickets $5; $3 for UW students, staff and first responders; free for children younger than 5. Call 307-766-6506.
University of Wyoming graduation ceremony: 3:30 p.m., UW Arena-Auditorium, for undergraduate ceremony for colleges of Arts and Sciences, Education, Haub School of Environment and Natural Resources and Office of Academic Affairs.
UW Planetarium presents “Liquid Sky Pop”: 8 p.m., UW Planetarium. Enjoy a custom playlist of music from today’s pop artists. Tickets $5; $3 for UW students, staff and first responders; free for children younger than 5. Call 307-766-6506.
May 16
Alcoholics Anonymous meets: Daily at various times in person or on Zoom. For more information, call 307-399-0590 or visit area76aawyoming.org or aa.org.
Survivors of Suicide Support Group: Meets from 5:30-6:45 p.m. at Hospice of Laramie House, 1754 Centennial Drive.
Women for Sobriety meet: 6:30-8:30 p.m. via Zoom. For meeting details, email 1093@womenforsobriety.org.
May 17
Prayers & Squares Quilting Group meets: 9 a.m., Room 1 of Hunter Hall at St. Matthews Cathedral.
Free stress relief clinic: 1-2 p.m., Laramie Plains Civic Center Phoenix Ballroom.
UW Planetarium presents “Wyoming Skies”: 8 p.m., UW Planetarium. What’s up in the sky around Wyoming? Tickets $5; $3 for UW students, staff and first responders; free for children younger than 5. Call 307-766-6506.
May 18
Laramie Tai Chi and tea: Meets at 1:30 p.m. at the north end of the stadium in Laramie Plainsman Park, North 15th and Reynolds. For more information, visit laramietaichiandtea.org.
Ivinson Medical Group women’s health prenatal education: 5:30 p.m., Ivinson Memorial Hospital in the Summit Conference Room. Learn more or register at ivinsonhospital.org/childbirth.
May 19
Caregivers for loved ones with Alzheimer’s/dementia: 3 p.m., meet for coffee, pie, understanding and comradeship at Perkins Restaurant & Bakery, 204 S. 30th St. For more information, call 307-745-6451.
Stitching the Past Together creative aging class: 6:30-8 p.m., Albany County Public Library large meeting room. Students will learn memory-based storytelling through beading techniques in this free course. Register at acplwy.org or at the circulation desk.
May 20
Albany County CattleWomen meet: 11:30 a.m., location tbd. Visit wyaccw.com in the week before the meeting for location and more information.
Free stress relief clinic: Noon to 1 p.m., Laramie Plains Civic Center Phoenix Ballroom.
UW Planetarium presents “Science of Sci-Fi”: 8 p.m., UW Planetarium. Everyone loves a good sci-fi movie, but how much is science and how much is fiction? Tickets $5; $3 for UW students, staff and first responders; free for children younger than 5. Call 307-766-6506.
May 21
Free stress relief clinic: 10-11 a.m., Laramie Plains Civic Center Phoenix Ballroom.
UW Planetarium presents “Hot and Energetic Universe”: 2 p.m., UW Planetarium. The planetarium documentary “The Hot and Energetic Universe” presents with the use of immersive visualizations and real images the achievements of modern astronomy. Tickets $5; $3 for UW students, staff and first responders; free for children younger than 5. Call 307-766-6506.
UW Planetarium presents “Liquid Sky Throwbacks”: 8 p.m., UW Planetarium. Stranger Things meets Guardians of the Galaxy — 1980s nostalgia addicts unite! Enjoy a custom playlist of music from yesterday’s top artists. Tickets $5; $3 for UW students, staff and first responders; free for children younger than 5. Call 307-766-6506.
May 23
Alcoholics Anonymous meets: Daily at various times in person or on Zoom. For more information, call 307-399-0590 or visit area76aawyoming.org or aa.org.
Survivors of Suicide Support Group: Meets from 5:30-6:45 p.m. at Hospice of Laramie House, 1754 Centennial Drive.
Women for Sobriety meet: 6:30-8:30 p.m. via Zoom. For meeting details, email 1093@womenforsobriety.org.
America Sewing Guild Laramie Chapter meets: 7 p.m., United Methodist Church, 1215 E. Gibbon St. Please enter through the lower east door off the parking lot.
May 24
Prayers & Squares Quilting Group meets: 9 a.m., Room 1 of Hunter Hall at St. Matthews Cathedral.
Free stress relief clinic: 1-2 p.m., Laramie Plains Civic Center Phoenix Ballroom.
May 25
Laramie Tai Chi and tea: Meets at 1:30 p.m. at the north end of the stadium in Laramie Plainsman Park, North 15th and Reynolds. For more information, visit laramietaichiandtea.org.
May 26
Caregivers for loved ones with Alzheimer’s/dementia: 3 p.m., meet for coffee, pie, understanding and comradeship at Perkins Restaurant & Bakery, 204 S. 30th St. For more information, call 307-745-6451.
Stitching the Past Together creative aging class: 6:30-8 p.m., Albany County Public Library large meeting room. Students will learn memory-based storytelling through beading techniques in this free course. Register at acplwy.org or at the circulation desk.
May 27
Free stress relief clinic: Noon to 1 p.m., Laramie Plains Civic Center Phoenix Ballroom.
May 28
Free stress relief clinic: 10-11 a.m., Laramie Plains Civic Center Phoenix Ballroom.
May 30
Alcoholics Anonymous meets: Daily at various times in person or on Zoom. For more information, call 307-399-0590 or visit area76aawyoming.org or aa.org.
Survivors of Suicide Support Group: Meets from 5:30-6:45 p.m. at Hospice of Laramie House, 1754 Centennial Drive.
Women for Sobriety meet: 6:30-8:30 p.m. via Zoom. For meeting details, email 1093@womenforsobriety.org.
May 31
Prayers & Squares Quilting Group meets: 9 a.m., Room 1 of Hunter Hall at St. Matthews Cathedral.
Free stress relief clinic: 1-2 p.m., Laramie Plains Civic Center Phoenix Ballroom.
Have an event for What’s Happening? Send it to Managing Editor Greg Johnson at gjohnson@laramieboomerang.com. | https://www.wyomingnews.com/laramieboomerang/announcements/whats-happening/article_0f7a8699-45eb-5bf2-9614-fe0f93dab10e.html | 2022-04-28T13:09:33Z |
Pilots and users of the Laramie Regional Airport have again called the experience and ability of the facility’s management team’s into question.
A group of seven people with ties to the airport authored an open letter outlining concerns about the management and governing board and spoke during the board’s meeting regular meeting last week.
“The management of Laramie Regional Airport has failed this community and its users,” the letter reads. “At the most basic level, an airport manager is responsible for the operations, safety and maintenance of the airport. What we have seen is an intense focus on revenue at the cost of all other duties.”
The letter, which was sent to state and local governments and the Federal Aviation Administration on Easter Sunday, outlines a slate of grievances with the airport, from unexpected fee increases to lack of experience and an alleged failure to follow FAA regulations.
“There’s been some instances where I think power struggles have prevailed over doing the right thing,” said Evan Egenolf, an aircraft and hangar owner who signed onto the letter.
During the meeting, multiple airport users pointed to a tense environment and lack of collaboration from airport management as the root of their concerns.
Flight cancellations
The complaints came toward the end of a week of commercial flights cancellations at the airport following the failure of a crucial piece of weather reporting equipment known as the automated surface observation system.
The letter originally claimed the cancellations were caused by mismanagement of the airport, but the group later rescinded the claim after learning more about the situation.
The FAA restricts the landing of commercial planes without the equipment, which helps pilots understand weather conditions. Airport staff are not allowed to repair the equipment themselves, and the local airport was 15th on the waiting list for repair work, said Airport Director Amy Terrell.
While there is an option to hire a human weather observer who can stand in during equipment failures, there are significant barriers to getting the approvals necessary for the position, she said.
Rules & regulations
The group of airport users stood by their other concerns, which include an increase in hangar rental and fuel prices, new $25 fees to use the water spigot and heater on-site and problems with hangars and snow removal.
“They want money, and I get it. The airport had issues and it needed more money,” said Thomas Bienz, a pilot and orthopedic surgeon at Premier Bone & Joint Centers. “But the way they’re going about it doesn’t include the users … and in many cases actually violates FAA regulations.”
The Laramie Regional Airport relies on state and federal money to operate. It must complete a safety audit and follow a set of regulations known as “grant assurances” to keep its federal appropriations.
Under the previous airport board, accounting and audits hadn’t been conducted for years on end, said current board chair Malea Brown.
Past board members were asked to resign because of a host of FAA compliance issues in what current board member Robert Southard called a “fiscal and regulatory emergency.”
The new airport board was formed in June 2021, and has worked with Terrell, the new manager, to succeed in getting the airport fully compliant with FAA safety regulations, Brown said.
The airport needs a budget of about $2 million to operate, and about $500,000 has gone toward fixing record keeping issues from the past administration, Brown said during a city council meeting. She also mentioned that the majority of rentals at the airport are land leases, which the airport increased from $0.20 per square foot to $0.25 per square foot.
Bienz and a handful of other aviators also raised concerns over what they called “discrimination” in pricing in charging landing fees for certain airport users and not others. There also were concerns about rules such as prohibiting pilots from fueling their own aircraft and other rules.
“It almost seems like the interest of the board is to basically make rules for the sake of making rules and make it difficult to use the airport, which I don’t understand what the advantage would be,” Bienz said.
A representative from the FAA told the Boomerang it was unable to clarify questions about federal regulations, even in a hypothetical nature, unless a complaint has been filed with the agency.
“With respect to allegations concerning federal compliance at the Laramie Regional Airport, we respectfully disagree,” Terrell said in a written statement. “Airport management and staff are proud to provide a safe and federally compliant airport for the general and commercial aviation community.”
Brown said the airport board is working with FAA officials to have an educational meeting with airport users who are unclear on the compliances.
Getting together
Those affiliated with the airport board expressed surprise at the contents of the letter.
“I hope people understand there were some changes that had to be made, and if they did not understand or had concerns they could have taken them to (Terrell) or to theboard,” said Pete Gosar, the Albany County Commission liaison to the airport board. “That’s how you do it in a small town.”
Bienz said he had various meetings with Terrell, but that sometimes when he reached out to Terrell and the airport board citing concerns with specific rules and regulations, the response was akin to “radio silence.”
“They’re not willing to take education, they’re not willing to even consider the options,” Bienz said. “We decided to write a letter because we want to get other people, and mainly the FAA, involved.”
While Brown didn’t mention Bienz specifically, she said some of the issues brought up in the letter were news to her.
“It’s not a lack of communication, it’s an issue of getting together,” Terrell said during the board meeting, explaining that she offered to attend a meeting with some of the complainants from the Laramie Flying Club but was uninvited. “Some of what’s in this letter didn’t give the courtesy of a conversation first.”
During the board meeting, a human resources representative claimed the group of letter writers, who are all male, coordinated an “attack” on Terrell not because of her management style, but because of her gender.
Egenolf and Bienz explained that the only reason they complained about Terrell and not the previous manager was because the prior issues with bookkeeping and FAA compliance weren’t well-known or understood by the public.
“I could call the old management, they’d pull your plane out, they’d fuel it up exactly how you wanted and you’d be on your merry way,” Egenolf said. “Operationally, they did a very good job.” | https://www.wyomingnews.com/laramieboomerang/news/turbulent-relationship-local-aviators-allege-mismanagement-at-airport/article_139c2951-3cc8-5151-a693-b382f09c1250.html | 2022-04-28T13:09:38Z |
Dozens of dogs rescued in Laramie County
The city of Cheyenne has reported that Animal Control officers received a call April 16 about 20 large-breed dogs that were on the loose on the south side of Cheyenne.
“Upon arrival, officers located approximately two dozen dogs spread throughout open fields,” the city announced in an email about the situation.
“With the help of community members, the City’s Compliance department, and the Laramie County Sheriff’s department the Animal Control officers were able to contain and transport 23 large breed dogs to the Cheyenne Animal Shelter and a handful more over the next few days,” the news release recounted. “Upon contacting the dog owner, Animal Control quickly became aware of the gravity of the situation the dogs and their owner were in. The owner accepted an offer to surrender all animals so they could receive medical care and more adequate housing.”
In total, Animal Control rescued 64 dogs, according to this account. Plus, what was described as a handful of cats plus 13 birds also were rescued.
The announcement suggested that at least some of these rescued animals (and potential pets) are at the Cheyenne Animal Shelter.
For any concerns about domesticated animals, Animal Control can be reached at 307-637-6206.
Average gas prices rise nearly 6 cents in past week
Average gasoline prices in Wyoming have risen 5.8 cents per gallon in the last week, averaging $4.08 per gallon Monday, according to GasBuddy.com’s survey of 494 stations in Wyoming.
Prices in Wyoming are 1.4 cents per gallon higher than a month ago, and stand $1.18 per gallon higher than a year ago.
According to GasBuddy price reports, the cheapest station in Wyoming was priced at $3.59 per gallon Sunday, while the most expensive was $4.86, a difference of $1.27 per gallon.
The national average price of gasoline has risen 4.4 cents per gallon in the last week, averaging $4.11 per gallon Monday. The national average is down 13.3 cents per gallon from a month ago, and stands $1.24 per gallon higher than a year ago, according to GasBuddy data compiled from more than 11 million weekly price reports covering over 150,000 gas stations across the country.
WYDOT, WHP announce transition plan for leadership
Wyoming Highway Patrol Col. Kebin Haller has announced he plans to retire in early June after more than 31 years in law enforcement.
“It’s been an honor and a privilege to serve the people of Wyoming alongside the great men and women of the Wyoming Highway Patrol,” Haller said in a news release.
As the Wyoming Department of Transportation and WHP begin the search for a new colonel, Shannon Ratliff will temporarily come out of retirement starting May 16 to serve as interim administrator. Ratliff retired from the WHP in August 2021 as lieutenant colonel after more than 30 years of service in law enforcement.
WYDOT and WHP will consider applicants from both a nationwide pool, as well as candidates currently serving with the WHP for the position.
The search process for a new colonel is expected to take about six months. | https://www.wyomingnews.com/laramieboomerang/news/worth-noting/article_7d38c804-4bb6-545c-b5f4-aea64737e889.html | 2022-04-28T13:09:39Z |
If you drive along southern Wyoming’s main east-west interstate highway in the winter, especially if you’re in a big rig, you may experience some relief in the way of more parking and other enhancements when you need to pull off the road. And that may lead to a safer drive for all users of the road.
If all goes as expected — which is not guaranteed when it comes to construction projects in a time of supply-chain issues — vehicles could benefit starting this coming winter on Interstate 80 between Rawlins and Laramie. That is because of what the Wyoming Department of Transportation calls its I-80 winter freight roadwork project.
This week, WYDOT announced that work on the project was set to have resumed Wednesday. If all goes as planned, the work could wrap up around Oct. 31, a WYDOT spokesperson told the Wyoming Tribune Eagle by phone Tuesday. She noted that weather, supply chain kinks and other issues could play a role in the timing, however.
As the agency noted in a Monday release, the project “is expected to be complete in October 2022.” The overall project first began in 2020, and the $20 million initiative is funded by a federal grant called Better Utilizing Investments to Leverage Development, or BUILD, according to WYDOT.
Once all the work is complete, there will be more parking spaces for semitrucks, WYDOT has said. And there will be additional lanes for vehicles that need some extra time and distance to gather momentum to climb up what WYDOT described as steep grades.
“Climbing lanes help with traffic flow, especially on (such) inclines,” Tim Morton, who was WYDOT District 1 construction engineer at the time of his October 2020 remarks, has said about the project. “They also help prevent secondary crashes when I-80 reopens after an extended road closure.”
Construction crews have recently been gearing up to resume the road work project, the agency just announced.
The highway department said Simon Contractors has started work building almost 100 new semi-truck parking spaces in both the Fort Steele Rest Area (at mile marker 228) east of Rawlins and the Quealy Dome truck parking area (mile marker 290) west of Laramie. That would add a total of almost 200 new parking spaces.
In many things involving construction, there may be some short-term pain in exchange for longer-term gain.
The short-term hassles include that the “Fort Steele Rest Area, including parking areas, will remain closed during construction.” And watch for flaggers directing traffic, reminded WYDOT. It advised not parking on the “on- and off-ramps in the Fort Steele interchange.”
As always, the state agency also reminded, you should “watch for lane closures, reduced speed limits and other traffic changes” during the project. And, of course, you should “avoid distractions like cellphones when driving through work zones.”
The good news when it comes to motorists on the highway itself is that, in the words of the state agency, “traffic on I-80 will see minimal impacts as crews start structure work and begin building climbing lanes on I-80.” Still, WYDOT warned of the potential for “short lane closures in the eastbound lanes over Halleck Ridge (mile markers 250.5-252.5) west of Elk Mountain and westbound lanes between Cooper Cove and Quealy Dome (mile markers 279.5-281.5).” | https://www.wyomingnews.com/laramieboomerang/news/wydots-i-80-winter-freight-road-work-resumes/article_6500c44f-ec99-5de2-9476-5148b1f00659.html | 2022-04-28T13:09:40Z |
My grandson drew a picture with a caption that read: “Peace feels like sitting in a warm chair.”
At 6 years old, he understands his place of peace. It is a place where he feels safe, loved, centered and warm. His place of peace is in the safety of a chair with the sun warming his heart and looking into the magical wonders of the ocean.
At a time when the news is filled with the opposite of peace, our children — and all of us — need the security of knowing what peace feels like. We need to know what peace sounds like. We need to know what peace looks like. We all need to know where our place of peace is.
When I saw my grandson’s drawing, it reminded me of my meditation chair. It is growing old and tattered and with the wisdom of age. It has become softer, safer and stronger. It has held me for years of long hours of meditations, journaling and prayers. The spirit of these practices layer into every aging wrinkle of the chair’s fabric. I feel a sacred sense of love and kindness every morning as I sink into its safe arms — settling into my place of peace.
What does peace feel like to you? Where do you feel safe, loved, centered and warm? How often do you visit this sacred space to relax your heart and center your soul? If nothing comes to mind, it is time to find your sacred space. It is time to find your place of peace.
Find a place you can nestle into like a baby bird into a feather-lined nest. It may be a space in your home or backyard. It may be your favorite coffee shop. It may be a park or library. It may be the top of a mountain after a long hike or floating down a river in a kayak. Or it may be a beach chair with the sun on your face as you look into the wonders of the ocean.
You may be one of the lucky ones who has honed the ability to close your eyes and shut out the outside noise to find your place of peace within, anytime and anyplace.
Everyone has a different idea of peace. It doesn’t matter where your place of peace is. What matters is that you have one and visit it often. It is in this quiet, reflective space that you rejuvenate your ability to live in the moment you are given, to relax into the humanness you were meant to experience and tune into the inner calmness without the distraction of the world outside of us.
For me, I agree with the wisdom of a 6-year-old. Peace makes me feel loved, centered and warm.
“Peace feels like sitting in a warm chair.”
Pennie’s Life Lesson: Find your place of peace, and visit often.
Pennie Hunt is a Wyoming-based author, blogger and speaker. Contact her atpenniehunt@gmail.com. | https://www.wyomingnews.com/laramieboomerang/opinion/contributed_columns/peace-feels-like-sitting-in-a-warm-chair/article_011436d4-5ace-5596-af29-294045d79334.html | 2022-04-28T13:09:41Z |
Elon Musk, the world’s richest person, acquired Twitter in a US$44 billion deal on April 25, 2022, 11 days after announcing his bid for the company. Twitter announced that the public company will become privately held after the acquisition is complete.
In a filing with the Securities and Exchange Commission for his initial bid for the company, Musk stated, “I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free speech is a societal imperative for a functioning democracy.”
As a researcher of social media platforms, I find that Musk’s ownership of Twitter and his stated reasons for buying the company raise important issues. Those issues stem from the nature of the social media platform and what sets it apart from others.
What makes Twitter unique
Twitter occupies a unique niche. Its short chunks of text and threading foster real-time conversations among thousands of people, which makes it popular with celebrities, media personalities and politicians alike.
Social media analysts talk about the half-life of content on a platform, meaning the time it takes for a piece of content to reach 50% of its total lifetime engagement, usually measured in number of views or popularity based metrics. The average half life of a tweet is about 20 minutes, compared to five hours for Facebook posts, 20 hours for Instagram posts, 24 hours for LinkedIn posts and 20 days for YouTube videos. The much shorter half life illustrates the central role Twitter has come to occupy in driving real-time conversations as events unfold.
Twitter’s ability to shape real-time discourse, as well as the ease with which data, including geo-tagged data, can be gathered from Twitter has made it a gold mine for researchers to analyze a variety of societal phenomena, ranging from public health to politics. Twitter data has been used to predict asthma-related emergency department visits, measure public epidemic awareness, and model wildfire smoke dispersion.
Tweets that are part of a conversation are shown in chronological order, and, even though much of a tweet’s engagement is frontloaded, the Twitter archive provides instant and complete access to every public Tweet. This positions Twitter as a historical chronicler of record and a de facto fact checker.
Changes on Musk’s mind
A crucial issue is how Musk’s ownership of Twitter, and private control of social media platforms generally, affect the broader public well-being. In a series of deleted tweets, Musk made several suggestions about how to change Twitter, including adding an edit button for tweets and granting automatic verification marks to premium users.
There is no experimental evidence about how an edit button would change information transmission on Twitter. However, it’s possible to extrapolate from previous research that analyzed deleted tweets.
There are numerous ways to retrieve deleted tweets, which allows researchers to study them. While some studies show significant personality differences between users who delete their tweets and those who don’t, these findings suggest that deleting tweets is a way for people to manage their online identities.
Analyzing deleting behavior can also yield valuable clues about online credibility and disinformation. Similarly, if Twitter adds an edit button, analyzing the patterns of editing behavior could provide insights into Twitter users’ motivations and how they present themselves.
Studies of bot-generated activity on Twitter have concluded that nearly half of accounts tweeting about COVID-19 are likely bots. Given partisanship and political polarization in online spaces, allowing users – whether they are automated bots or actual people – the option to edit their tweets could become another weapon in the disinformation arsenal used by bots and propagandists. Editing tweets could allow users to selectively distort what they said, or deny making inflammatory remarks, which could complicate efforts to trace misinformation.
Musk has also indicated his intention to combat twitter bots, or automated accounts that post rapidly and repeatedly in the guise of people. He has called for authenticating users as real human beings.
Given challenges such as doxxing and other malicious personal harms online, it’s important for user authentication methods to preserve privacy. This is particularly important for activists, dissidents and whistleblowers who face threats for their online activities. Mechanisms such as decentralized protocols can enable authentication without sacrificing anonymity.
Twitter’s content moderation and revenue model
To understand Musk’s motivations and what lies next for social media platforms such as Twitter, it’s important to consider the gargantuan – and opaque – online advertising ecosystem involving multiple technologies wielded by ad networks, social media companies and publishers. Advertising is the primary revenue source for Twitter.
Musk’s vision is to generate revenue for Twitter from subscriptions rather than advertising. Without having to worry about attracting and retaining advertisers, Twitter would have less pressure to focus on content moderation. This could make Twitter a sort of freewheeling opinion site for paying subscribers. In contrast, until now Twitter has been aggressive in using content moderation in its attempts to address disinformation.
Musk’s description of a platform free from content moderation issues is troubling in light of the algorithmic harms caused by social media platforms. Research has shown a host of these harms, such as algorithms that assign gender to users, potential inaccuracies and biases in algorithms used to glean information from these platforms, and the impact on those looking for health information online.
Testimony by Facebook whistleblower Frances Haugen and recent regulatory efforts such as the online safety bill unveiled in the U.K. show there is broad public concern about the role played by technology platforms in shaping popular discourse and public opinion. Musk’s acquisition of Twitter highlights a whole host of regulatory concerns.
Because of Musk’s other businesses, Twitter’s ability to influence public opinion in the sensitive industries of aviation and the automobile industry automatically creates a conflict of interest, not to mention affects the disclosure of material information necessary for shareholders. Musk has already been accused of delaying disclosure of his ownership stake in Twitter.
Twitter’s own algorithmic bias bounty challenge concluded that there needs to be a community-led approach to build better algorithms. A very creative exercise developed by the MIT Media Lab asks middle schoolers to re-imagine the YouTube platform with ethics in mind. Perhaps it’s time to ask Musk to do the same with Twitter. | https://www.wyomingnews.com/laramieboomerang/opinion/guest_column/elon-musk-s-plans-for-twitter-could-make-its-misinformation-problems-worse/article_10fefafb-fbc4-5b3d-8a83-941f8fe47b61.html | 2022-04-28T13:09:53Z |
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People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe | https://www.wyomingnews.com/news/local_news/veterans-assistance-available-in-cheyenne-and-wheatland/article_412a67b3-c962-555c-96db-b6ff8836d5ec.html | 2022-04-28T13:09:59Z |
Recently arrested by the Laramie County Sheriff’s Office:
Shana C. Brooks, 41, of Andover Drive on a warrant for felony forgery (uttering, passing) and felony theft from motor vehicle (greater than $1,000 or firearm/livestock) at 11:54 p.m. Monday at the Laramie County jail, 1910 Pioneer Ave.
Pryce R. Sanchez, 21, of Williams Street on a warrant for misdemeanor criminal entry and misdemeanor property destruction (less than $1,000) at 6:17 p.m. Monday at the Laramie County jail.
Brandyn M. Farley, 31, of Stenson Avenue on a misdemeanor warrant for failure to appear at 10:31 a.m. Monday at the Laramie County jail.
Shawna L. White, 42, of Emily Drive for misdemeanor violation of a protection order at 9:13 a.m. Monday at her residence.
Shawn M. Zavala, 29, of 12th Street on a misdemeanor warrant for assault (battery) at 6:43 a.m. Monday at the Laramie County jail.
Sarah E. Glover, 31, of Ridge Road on a misdemeanor warrant for failure to appear at 4:40 p.m. Sunday in the 2200 block of Gordon Road.
Calvin J. Aiken, 22, transient, on a misdemeanor warrant for failure to pay at 7:34 a.m. Saturday in the 300 block of East Prosser Road.
Kyle J. Gardner, 38, of McFarland Avenue for misdemeanor driving under the influence (alcohol) at 4:45 a.m. Saturday at the intersection of South Greeley Highway and West Prosser Road.
Fernando Lopez, 35, of Myers Court on a probation/parole violator arrest without a warrant at 11:32 a.m. Friday at the Cheyenne-Laramie County Probation and Parole Office, 1934 Wyott Drive.
Patrick L. Dunning, 30, of West First Avenue for misdemeanor DUI (alcohol) at 11:22 p.m. April 21 in the 5000 block of Missile Drive.
Michael T.M. Burns, 52, of Williams Street for misdemeanor domestic battery at 11 p.m. April 21 at his residence.
Austin D. Baker III, 35, of Terry Road for felony theft (use or dispose of greater than $1,000 or firearm/livestock) at 9:08 a.m. April 21 at his residence.
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Recently arrested by Wyoming Highway Patrol:
Elijah H.A. Grimm, 39, of Sagebrush Avenue for misdemeanor DUI (alcohol), interference with a peace officer, speeding in a superintendent zone (6 or more over), possession of a controlled substance (plant) and driving while license is canceled or suspended at 9:06 p.m. Monday in the 1300 block of Dell Range Boulevard.
Ross B. Gulley, 40, of Frontier Street on a misdemeanor warrant for domestic battery (first offense) at 1:53 p.m. Saturday at exit 10B on southbound Interstate 25.
Keaton G. Anderson, 21, of Mulberry Avenue for misdemeanor DUI (alcohol, first offense in 10 years) and lane violation at 12:53 a.m. Saturday in the 1100 block of Kingham Drive.
Avetis Koshkaryan, 27, of Hollywood, California, on a misdemeanor warrant out of Carbon County for failure to appear at 11:11 p.m. Friday at mile marker 7 on northbound I-25.
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Recently arrested by the Pine Bluffs Police Department:
Brittney A. Flores, 37, of Scottsbluff, Nebraska, on a felony warrant out of Scotts Bluff County, Nebraska, for revoked probation at 3:58 p.m. April 21 at the intersection of U.S. Highway 30 and West Third Street in Pine Bluffs.
Joseph E. Vanwinkle, 29, of Scottsbluff, Nebraska, for misdemeanor possession of methamphetamine at 3:52 p.m. April 21 at the intersection of U.S. Highway 30 and West Second Street in Pine Bluffs. | https://www.wyomingnews.com/news/police_blotter/police-blotter-4-28-22/article_3f0b9a01-24a5-5b32-bb9e-0e8cce7d551c.html | 2022-04-28T13:10:05Z |
In his unanimous opinion for the Supreme Court in the watershed case of Brown v. Board of Education (1954), Chief Justice Earl Warren asked the foundational question: “Does segregation of children in public schools based solely on race, deprive Black children of equal educational opportunities?”
He answered: “We believe that it does.”
Therefore, the Court held, segregation violates the 14th Amendment’s Equal Protection Clause. As Chief Justice Warren explained, the separation of children “solely because of their race generates a feeling of inferiority as to their status in the community that may affect their hearts and minds in a way unlikely ever to be undone.”
The Court’s recognition of the impact of segregation on Black children represented a reversal of its view in 1896, in Plessy v. Ferguson. The Plessy Court had stated that the assumption of racial inferiority was fallacious. But the Warren Court dismissed its predecessor’s view on grounds that modern “psychological knowledge” demonstrates the imprint on Black children of the feeling of inferiority. In footnote 11, perhaps the most famous footnote in the history of the Court’s opinions, Warren bolstered this determination by listing seven works and studies of leading social scientists and psychologists.
The Court’s historic reversal of Plessy, as it pertained to public school education, rested on a simple principle: separate but equal educational facilities are “inherently unequal.” The Brown decision dealt only with the “constitutionality of segregation in public education,” and did not address segregation in other realms of American life. The Court’s decisions holding segregation unconstitutional in other areas – public buildings, transportation, housing and restaurants, among others – would come later, each resting on the landmark precedent established in Brown. By 1963, as the Court said, racial discrimination under American law was prohibited.
Criticisms of Brown have been laid at the Court’s doorstep. For example, the Court’s opinion in Brown might have more clearly demonstrated that the mere act of segregation denies educational equality, but demonstration of a truism resists unnecessary iterations. Every southerner knew that segregation in public schools was designed to maintain white supremacy. How blacks and whites felt about inferiority, moreover, had nothing to do with the objective reality of the principle of racial equality before the law. Indeed, as Justice William O. Douglas said of the 14th Amendment: “No classifications on the basis of race can be made. A negro can’t be put by the state in one room because he’s black and another put in the other room because he’s white.”
The Brown decision has been criticized for its failure to impose orders and remedies. The Court did not impose on public schools any order to immediately halt the practice of segregation. Nor did it impose a remedy. While both orders and remedies typically accompany an equal protection ruling, the Court in Brown departed from that norm because of the Justices’ concerns about the impact of its ruling throughout southern states. Fears of widespread defiance and violence persuaded the Court to delay decrees.
This criticism has some merit, of course. It is true that the failure of the Court to issue a decree to immediately halt segregation in public schools undermined respect for the decision part of the Court’s claim to legal as well as political and moral authority: the defense of principle. How true and great is the equal protection principle, critics asked, if the Court is reluctant to stop segregation?
The Court anticipated these criticisms, but nonetheless decided that a gradualist approach to the matter of orders and remedies provided a wiser course. As it turned out, the Court’s well-founded fears of widespread defiance and violence were not allayed by delays in judicial decrees. An entire year passed before the Court issued its remedial opinion – in Brown II, as it is popularly known. In this most sensitive of cases, the Court again declined to order an immediate end to segregation in public schools. Instead, it instructed the lower courts to require school boards to “make a prompt and reasonable start” toward “compliance at the earliest practicable date.” The lower courts should issue decrees to admit Black children to the schools “on a racially nondiscriminatory basis with all deliberate speed.”
The pervasive defiance, evasion and violence throughout the South confirmed the Court’s worst fears. In 1956, a “Southern Manifesto,” signed by 82 members of the House of Representatives and 19 members of the Senate, denounced Brown as grounded on “personal political and social ideas” rather than the Constitution. Some in Congress asserted that racial integration was “a radical, pro-Communist political movement.”
That response also reflects a harsh reality about our judicial system and the judiciary’s lack of an enforcement power. The judiciary has no means of enforcing its rulings; indeed, it is dependent upon on the executive branch to implement its rulings. In the case of Brown v. Board of Education, the Court hoped for support from President Dwight D. Eisenhower. For his part, however, President Eisenhower gave the decision no political support, pledging only to carry out the law of the land.
In the end, Brown itself could not change the hearts and minds of all Americans on the issue of racial equality in the schools, but it certainly brought to the forefront constitutional principles that would well serve the nation. | https://www.wyomingnews.com/opinion/guest_column/adler-brown-and-racial-equality-in-public-education/article_2981db4c-3fdd-52af-801b-fed1a122460c.html | 2022-04-28T13:10:12Z |
After Shirley Samuelson of Jackson set the parking brake of the WYDOT street sweeper she operated last year, she climbed down from the cab to talk to a coworker. Somehow, according to a later investigation, the brake failed. This much is clear: the street sweeper rolled backward, hitting Shirley. It crushed and killed her.
Every year, Wyoming ranks as the worst or one of the worst states for on-the-job fatal accidents, and this year is no different. According to the latest data from an analysis from the AFL-CIO, America’s largest federation of labor unions, 35 people died at work in Wyoming in 2020, which is more than four times higher than the national average and the highest death rate in the United States.
The Wyoming labor movement is focused on improving our state economy so more working people can have good jobs, fair benefits and enough resources to raise a family. Central to that idea is our goal that every worker ought to return safely home after a shift, no matter where they work.
Every year, on April 28, we observe Workers’ Memorial Day to remember those who died on the job, and resolve to push for the changes necessary so fewer people die at work next year.
The penalties for companies who put workers at risk are heartbreakingly low. In 2020, the average fine paid by a Wyoming company after a worker died was only $3,987. This does little to force employers to implement safety standards, and even less to protect workers.
Earlier this week, I attended a legislative hearing in Casper on the question of how to build a stronger workforce, a goal which is vital to attracting and growing businesses in our state.
Workplace safety is among one of the easiest things we can do to make Wyoming more attractive.
We also can and should raise pay. Wyoming’s minimum wage is the lowest in the country. Our tipping wage is only $2.13 an hour. When wages are low in one industry, like in our bars and restaurants, it pushes pay down in all industries.
Wyoming should also allow and encourage public workers to collectively bargain. The best way to keep working people safe is for other working people to be able to point out something that’s dangerous and to address problems without fear of retaliation. Maybe if Samuelson had had a union at WYDOT, the bad brake on her street sweeper would have been fixed before it caused her death.
Wyoming state government is in a dire situation. Two out of three state workers are looking for other work, and low pay and a lack of respect are two of the biggest reasons. When workers are in a union, there’s no guarantee of better pay and working conditions, but at least there is a structured conversation about it.
Wyoming should also get rid of anti-worker legislation like right to work. For one thing, it’s not what it says. It guarantees nobody the right to have a job. The only thing it does is lower pay for everyone who counts on a paycheck to live. Recent studies show that workers in right-to-work states make, on average, 15% less than workers in states without the law.
Right-to-work states have 40% more workplace fatalities. Can you see the impact on Wyoming’s working families?
Right-to-work laws arose in the Jim Crow South as a racist way to divide working people. Its history is disgusting, but so is the way this law lowers pay and endangers our mothers, fathers, sons and daughters on the job.
Our Legislature and our governor have the power to change this; in Wyoming’s business-friendly environment, workers are left behind and forgotten as key players in the state’s economy. Wyoming workers are left to fend for themselves, their income and their very lives every day on the job. Our current level of low wages and high workplace deaths illustrate this all too well.
It can and must change. | https://www.wyomingnews.com/opinion/guest_column/johnson-as-we-remember-fallen-workers-we-must-protect-others/article_1a9cf640-b3e1-56e7-a896-3aee944d1558.html | 2022-04-28T13:10:18Z |
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LARAMIE — With half as many starters returning as last season, the University of Wyoming plans to lean on one of its most experienced position groups in 2022.
Tight ends account for 47.2% of the Cowboys’ returning receiving production from last year, during which they also played an integral role blocking for one of the nation’s most run-heavy offenses. So, with an array of unknowns on both sides of the ball, one certainty is UW’s high expectations for this group.
“Our position room has really taken on that role,” sophomore tight end Parker Christensen said. “We know the team expects more out of us this year, but we have a bunch of good dudes. We have a pretty in-depth and old room that has some experience, and that really helps. Guys are stepping up because we realize we need to make plays.”
Christensen and junior Treyton Welch were the most productive tight ends on the roster last season, combining for 290 yards on 32 catches.
Welch had two touchdown catches, the most among UW returners, including a 21-yard, one-handed grab in the final moments of the season-opener that helped the Pokes avoid an upset at the hands of FCS Montana State. Christensen, meanwhile, is a former Wyoming Gatorade Player of the Year who has displayed comfort playing out of the backfield, on the line or split out wide.
Wyoming tight ends coach Shannon Moore says the pair’s versatility, experience and leadership traits are major assets heading into next season.
“The No. 1 thing with those two is they are great leaders,” Moore said. “They show up in the meeting room every day, ready to take notes. They show up on the practice field, and they're really showing some of our younger guys how to practice and how to approach all those things.
“They're both a little bit different with what they bring to the table, and they're both good in the run game and the pass game. Parker is probably a guy that we'll split out a little more, but Treyton will be a guy we split out, too. They really compliment each other well, and they give us a lot of versatility with personnel and formations.”
As for the rest of the tight end room, Colin O’Brien, Jackson Marcotte and Nick Miles also saw the field last season in varying capacities.
Moore notes that there hasn’t been a ton of separation at the position throughout the spring, with the group as a whole collectively elevating their game.
Some are stronger at run blocking, while others present greater passing threats. As a result of these differing strengths, the Cowboys intend to incorporate more tight end-heavy sets – such as 13-personnel, which utilizes three tight ends – in an effort to create mismatches.
“We have the ability to really cause some mismatches for the defense if they want to try to match personnel,” Moore said. “They don't know if we're going to be in big personnel and run, or a big personnel and all of a sudden split them out and be able to throw the ball. We have to do a great job as coaches of game-planning that, and those guys have to do a great job of going out and executing it.”
The Cowboys ranked among the bottom 10 in the country in pass attempts per game last season, but they seem open to throwing the ball at a higher frequency if they’re able to get more consistency at the quarterback position. Especially in the intermediate passing game, the tight ends hope to play a part in this.
Route running and maximizing speed have been significant focuses for the group as of late. So has making contested catches, with Welch stating their goal is to haul in around 80% of 50-50 balls.
Regardless of whether UW is airing it out or sticking to its trademark ground game, the tight ends are eager to expand their impact on the offense.
“There's no limit on what it could be,” Welch said. “It's always up to the coaches and what they have planned, and defensive looks and everything, but we're striving as a group to put ourselves in the best position to be open.
“Whether it's being able to make plays (in the passing game), or helping Titus (Swen) or whoever it is running the ball get yards, we're trying to keep progressing every day.” | https://www.wyomingnews.com/wyosports/university_of_wyoming/football/pokes-look-to-create-mismatches-at-tight-end/article_077de3e8-6398-5b12-917c-83105ede1e92.html | 2022-04-28T13:10:30Z |
Americans are facing soaring rental prices
(CNN) - Americans already feeling the sting of inflation now have to deal with skyrocketing rental prices.
Prices have increased 20% from just two years ago, and it is forcing some people to leave their homes.
Laura Guilmain and her daughter, Karson, have 30 days to find a new home.
Guilmain said she has looked into thousands of properties and still cannot find an affordable one.
For three years, she has been paying $2,100 a month for a three-bedroom residence in Palm Beach Gardens, Florida.
Last month, she got a letter from her landlord that said her new rent would be $3,200 a month. An attorney for her landlord said that rising property taxes and mortgage rates are to blame.
“I freaked out. We can’t afford it. We can’t do it,” Guilmain said.
There is a housing affordability crisis in the U.S. With home prices sky high, Americans are being forced into a competitive rental market.
Guilmain is a single mother and disabled veteran. She is reliant on rental assistance from Housing and Urban Development. She said she already had fewer options, but now the landlords looking to capitalize on rising rents are less willing to accept the strict guidelines of her rental voucher.
Guilmain said that without the rental assistance, she would be “homeless.”
Rents are rising across the country and are up nearly 20% in two years. In cities like Memphis, Tampa and Riverside, California, prices are up nearly 40%. The Miami area is up 58%.
“When there’s a hurricane, it’s illegal for gas stations to jack up the prices. Why is there not a cap in the state of Florida?” Guilmain said.
In Florida, it is illegal to impose rent controls.
Florida renter Sara Espinoza said it gives her “a lot of anxiety.” She is facing a 106% increase in her rent in Coral Gables, Florida.
For 22 years, she has lived in a three-bedroom home. She raised her son there.
The $1,700 she pays in rent is below market value, but the $3,500 that her new landlord is charging is out of her budget.
“It’s not reasonable at all. I guess right now, everybody’s just price-gouging because people need somewhere to live,” Espinoza said.
She set a new budget of $2,800 and found an apartment right next door. It is smaller and over her budget by $400.
“I just think it’s very unfair. It makes me upset,” she said.
Guilmain’s search for a new home for her and her daughter continues with no prospects in sight.
The city of Miami just passed a new law that requires landlords give tenants a 60-day notice if they plan to raise the rent more than 5%. While that gives people more time, it still does not help them find an affordable place to live.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wvva.com/2022/04/28/americans-are-facing-soaring-rental-prices/ | 2022-04-28T13:46:03Z |
Biden seeks new powers to use oligarchs’ assets for Ukraine
WASHINGTON (AP) — President Joe Biden is asking Congress on Thursday for new powers to seize and repurpose the assets of Russian oligarchs as part of a new funding request to aid Ukraine in its defense against Russia’s invasion.
In remarks at the White House on Thursday morning, Biden will formally ask for billions of dollars in additional U.S. spending earmarked for supplying Ukraine’s military, bolstering its economy and supporting the millions of refugees who fled Russia’s invasion two months ago. He will also seek new authorities from Congress to strengthen U.S. sanctions against the Russian government and those who profit from it, the White House said.
Biden is asking lawmakers to make it a criminal offense for a person to “knowingly or intentionally possess proceeds directly obtained from corrupt dealings with the Russian government,” double the statute of limitations for foreign money laundering offenses to 10 years, and expand the definition of “racketeering” under U.S. law to include efforts to evade sanctions.
Biden will also ask Congress to allow the federal government use the proceeds from selling the seized assets of sanctioned Russian oligarchs to help the people of Ukraine.
In a virtual address to International Monetary Fund and World Bank leaders last week, Ukrainian President Volodymyr Zelenskyy called for the proceeds of sanctioned property and Central Bank reserves to be used to compensate Ukraine for its losses.
He said that frozen Russian assets “have to be used to rebuild Ukraine after the war as well as to pay for the losses caused to other nations.’’
Treasury Secretary Janet Yellen said at the time that congressional action would be needed to authorize such actions.
The war has already caused more than $60 billion in damage to buildings and infrastructure, World Bank President David Malpass said last week. And the IMF in its latest world economic outlook stated that Ukraine’s economy will shrink by 35% this year and next.
In recent weeks, the U.S. and global allies have sanctioned dozens of oligarchs any their family members, along with hundreds of Russian officials involved in or deemed to be supporting its invasion of Ukraine. The White House says the new tools will toughen the impact of the sanctions on Russia’s economy and its ruling class by making sanctions more difficult to evade.
The White House has declined to preview the dollar figure for the Ukraine funding request, which is set to be sent to Congress later Thursday. That package will also include a renewed ask for $22.5 billion for COVID-19 response that the White House said is needed to secure the next generation of vaccines and therapeutics in the U.S.
The new funding request will come atop $13.6 billion that Congress approved last month in military and economic aid to assist Ukraine — as well as other allies in the region — deal with the fallout of a war now in its ninth week. The request is intended to cover U.S. aid to Ukraine over the next five months through the end of the current fiscal year.
Biden last week warned that $6.5 billion earmarked for security assistance for Ukraine could soon be “exhausted” and that Congress would need to approve supplemental funding. More than half of the approved funding for weapons and equipment for Ukraine’s military has already been drawn down.
—
AP writer Fatima Hussein contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/04/28/biden-seeks-new-powers-use-oligarchs-assets-ukraine/ | 2022-04-28T13:46:09Z |
Man convicted of killing 8-year-old girl set to be executed next month
Published: Apr. 28, 2022 at 9:38 AM EDT|Updated: 7 minutes ago
ATLANTA (AP) — A Georgia man convicted of killing an 8-year-old girl and raping a 10-year-old girl more than 45 years ago is scheduled to be executed next month.
Georgia Department of Corrections Commissioner Timothy Ward announced Wednesday that Virgil Delano Presnell Jr. is set to be executed on May 17 at the state prison in Jackson.
Presnell, who’s 68, is accused of abducting and attacking the two girls as they walked home from school on May 4, 1976. He was convicted in August 1976 on charges including malice murder, kidnapping and rape and was sentenced to death.
His death sentence was overturned in 1992 but was reinstated in March 1999.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/04/28/man-convicted-killing-8-year-old-girl-set-be-executed-next-month/ | 2022-04-28T13:46:16Z |
Twitter revenue climbs to $1.2B, daily users rise to 229M
SAN FRANCISCO (AP) — Twitter’s quarterly profit, revenue and the number of daily users on its platform are rising but its latest earnings report, released days after it agreed to be sold to billionaire Elon Musk, offered scant details about what it expects on the financial front for the rest of the year.
The social media company on Thursday reported net income of $513 million, or 61 cents a share. The numbers beat analyst expectations but were fueled by a big one-time gain from the sale of its MoPub business.
Revenue rose 16% to $1.2 billion in the three months to March compared with the same period last year.
Twitter, based in San Francisco, reported an average of 229 million daily active users in the quarter, which was about 14 million more than a revised 214.7 million daily users in the previous quarter.
Twitter canceled a conference call with executives and industry analysts that usually accompanies its results, so there will be little further insight into the company’s current financial condition.
“Given the pending acquisition of Twitter by Elon Musk, we will not be providing any forward looking guidance, and are withdrawing all previously provided goals and outlook,” the company said.
Musk’s $44 billion deal to buy Twitter was announced earlier this week and is expected to close sometime this year. But before the deal is completed, shareholders will have to weigh in, as well as regulators in the U.S. and in countries where Twitter does business. So far though, few hurdles are expected, despite objections from some of Twitter’s own employees, along with users who worry about Musk’s stance on free speech and what it might mean for harassment and hate speech on the platform.
Musk, who also runs the electric car company Tesla, as well as SpaceX and other ventures, says he plans to take Twitter private. If he does, the company will no longer be beholden to shareholders or publicly report its financial results, which have been mixed at best since the company went public in 2013.
Twitter has struggled to consistently post profits as a public company while generating lackluster revenue growth compared to the two dominant forces in digital advertising, Google and Facebook.
On one hand, going private could give Twitter more room to experiment while focusing less on short-term profit and its stock price. On the other hand, even the world’s richest man is likely to want the company to make money.
“I think there is nothing better for Twitter than Elon Musk buying it and ideally replacing the board, and also doubling down on investments into products and new revenue-generating sources,” John Meyer, a technology entrepreneur and investor, told The Associated Press earlier this week.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/04/28/twitter-reporting-earnings-heels-elon-musk-buyout-deal/ | 2022-04-28T13:46:23Z |
US economy shrank by 1.4% in Q1 but consumers kept spending
WASHINGTON (AP) — The U.S. economy shrank last quarter for the first time since the pandemic recession struck two years ago, contracting at a 1.4% annual rate, but consumers and businesses kept spending in a sign of underlying resilience.
The weak showing does not mean a recession is likely in the coming months. Most economists expect a rebound in the April-June quarter as solid hiring and wage gains sustain growth.
Instead, the steady spending by households and companies suggests that the economy will likely keep expanding this year even though the Federal Reserve plans to raise rates aggressively to fight the inflation surge. The first quarter’s growth was hampered mainly by a slower restocking of goods in stores and warehouses and by a sharp drop in exports.
The Commerce Department’s estimate Thursday of the first quarter’s gross domestic product — the nation’s total output of goods and services — fell far below the 6.9% annual growth in the fourth quarter of 2021. And for 2021 as a whole, the economy grew 5.7%, the highest calendar-year expansion since 1984.
The economy is facing a range of pressures that have heightened worries about its fundamental health and raised concerns about a possible recession next year. Inflation is squeezing households as gas and food prices spike, borrowing costs mount and the global economy is rattled by Russia’s invasion of Ukraine and China’s COVID-19 lockdowns.
To some extent, the first quarter’s weak showing also reflected a slowdown from last year’s robust rebound from the pandemic, which was fueled in part by vast government aid and ultra-low interest rates. With stimulus checks and other government supports having ended, consumer spending has slowed from its blistering pace in the first half of last year.
A broader global slowdown is also expected this year, according to estimates last week by the International Monetary Fund. The 190-nation lending organization now foresees the disruptions of the Ukraine war and COVID slowing global growth to 3.6% this year from 6.1% last year.
Still, the U.S. job market — the most important pillar of the economy — remains robust. The number of people receiving unemployment benefits, a proxy for layoffs, fell to the lowest level since 1970. And in the January-March quarter, businesses and consumers increased their spending at a 3.7% annual rate after adjusting for inflation.
Economists consider that trend a better gauge than overall GDP of the economy’s underlying strength. Most analysts expect the steady pace of spending to sustain the economy’s growth, though the outlook remains highly uncertain.
Last quarter’s slowdown followed vigorous growth in the final quarter of 2021, driven by a surge in inventories as companies restocked in anticipation of holiday season spending.
Imports surged nearly 20% in the January-March quarter as businesses and consumers bought more goods from abroad while U.S. exports fell nearly 6%. That disparity widened the trade deficit and subtracted 3.2 percentage points from the quarter’s growth.
The weakness of the economy’s overall growth rate contrasts with the vitality of the job market. At 3.6%, the unemployment rate is nearly back to the half-century low it reached just before the pandemic. Layoffs have reached historically low levels as employers, plagued by labor shortages, have held tightly onto their workers.
Wages are rising steadily as companies compete to attract and retain workers, a trend that has helped maintain consumers’ ability to spend. At the same time, though, that spending has helped fuel inflation, which reached 8.5% in March compared with 12 months earlier.
Fed Chair Jerome Powell has signaled a rapid series of rate increases to combat higher prices. The Fed is set to raise its key short-term rate by a half-percentage point next week, the first hike that large since 2000. At least two more half-point increases – twice the more typical quarter-point hike -- are expected at subsequent Fed meetings. They would amount to one of the fastest series of Fed rate hikes in decades.
Powell is betting that with job openings at near-record levels, consumer spending healthy and unemployment unusually low, the Fed can slow the economy enough to tame inflation without causing a recession. Yet most economists are skeptical that the Fed can achieve that goal with inflation as high as it is.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/04/28/us-economy-shrank-by-14-q1-consumers-kept-spending/ | 2022-04-28T13:46:31Z |
Middle school student facing charges after racial incident, viral fight video, officials say
CASEY COUNTY, Ky. (WKYT/Gray News) - The Liberty Police Department said charges have been filed against a Casey County Middle School student after a video circulated on social media showed him assaulting another student.
As reported by WKYT, the video showed a white student putting a Black student in a chokehold while others watched in a school bathroom. The Black student then appears to pass out. A racial slur could also be heard during the assault.
The incident took place last week, and on Monday, the Liberty police said the student who appeared to be the aggressor has since been charged with strangulation and assault.
“Every school deals with fights and altercations. Every one of them is different. I can’t say I have had a situation with strangulation at the school. That’s definitely a first,” said Jordan Buis with Liberty police.
Parents and students at the school said they’ve known of other bathroom fights that got out of hand.
“I think it’s awful what happened. I don’t think they should have done that to that boy,” said student Kloe May.
Authorities said it’s currently up to the juvenile system to consider punishment for the student charged and weigh what role racial motivation may have played.
Casey County Schools also released the following statement after the incident:
“Casey County Schools is aware of the video circulating on social media involving an incident at Casey County Middle School.
The incident took place this past Friday, and the school administrators took immediate action with the support of a Liberty Police Department deputy who serves as the School Resource Officer (SRO).
The school administrators and the SRO have been in communication with the parents throughout the investigation. No further information can be released due to all parties involved are juveniles, and the investigation is still ongoing.”
Casey County School Supt. Barry Lee added:
“The behavior that occurred in the video will not be tolerated. The school administrators and the SRO took immediate action but we must continue to be proactive in helping our students to understand that this is not acceptable behavior in our schools or in our communities.”
Liberty police said their investigation continues along with checking with other students who were shown in the video.
Copyright 2022 WKYT via Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/04/26/middle-school-student-facing-charges-after-racial-incident-viral-fight-video-officials-say/ | 2022-04-28T14:50:23Z |
Man dies after being punched by bouncer outside bar
PHILADELPHIA (KYW) - A man put out of a Philadelphia bar for being intoxicated is dead after an altercation with a bouncer outside.
Surveillance video shows the moments before 41-year-old Eric Pope, a Tabu Lounge and Sports Bar customer, is punched in the head by a bouncer. Sources close to the investigation say Pope had been escorted out of the Philadelphia bar for being intoxicated around 1 a.m. April 16.
At some point, Pope appears to approach the back of a white SUV. Immediately after, the bouncer walks up to Pope and punches him.
Pope falls immediately after the punch, hitting his head on the pavement. He remains there for nearly two minutes until the bouncer and another person drag him to the sidewalk.
“When you see the punch and the guy just hits the ground, it was just devastating,” one man said.
Pope was eventually taken to the hospital and put on life support. He died from his injuries Saturday, one week after the incident.
Those familiar with the neighborhood say they’ve had issues with the security staff before and worried something like this would happen.
“The bouncers there, they’re horrible. They intimidate you,” a man said. “That could be anyone’s son. I mean, yeah, he was drunk, but it looked like he was having a good time. He wasn’t being abusive or anything. He was just dancing in the street.”
Sources close to the investigation say they have a person of interest, and he is cooperating.
The owner of Tabu says the bouncer was not an employee of the bar, and management called 911 when they learned what happened. They are cooperating with police in the investigation.
Copyright 2022 KYW via CNN Newsource. All rights reserved. | https://www.whsv.com/2022/04/27/man-dies-after-being-punched-by-bouncer-outside-bar/ | 2022-04-28T14:50:32Z |
FDA expected to ban menthol cigarettes
Published: Apr. 28, 2022 at 10:32 AM EDT|Updated: 40 minutes ago
(CNN) - Menthol cigarettes may end up fading away like smoke.
The Food and Drug Administration is expected to unveil a rule that would ban menthol from being used in the production of cigarettes.
Officials say this is a necessary step to help protect public health.
Nearly 19 million people smoke menthol cigarettes, and according to the FDA, most of them are minorities.
The FDA says taking menthol out of cigarettes could result in saving 650,000 premature deaths over the next four decades.
The Centers for Disease Control and Prevention says overall smoking rates hit an all-time low in 2018, but add smoking is still the top cause of preventable death.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wvva.com/2022/04/28/fda-expected-ban-menthol-cigarettes/ | 2022-04-28T15:12:40Z |
Groups that want to electrify USPS fleet file lawsuits
(AP) - Groups that want the U.S. Postal Service to buy more electric delivery vehicles are suing to halt purchases of thousands of gas-powered trucks as the agency modernizes its mail delivery fleet.
Two lawsuits, filed Thursday in New York and California, ask judges to order a more thorough environmental review before the Postal Service moves forward with the next-generation delivery vehicle program.
Plaintiffs contend that purchases of fossil fuel-powered delivery vehicles will cause environmental harm for decades to come.
“Louis DeJoy’s gas-guzzling fleet guarantees decades of pollution with every postcard and package,” said Scott Hochberg, an attorney with the Center for Biological Diversity, referring to the postmaster general.
One lawsuit was filed by Earthjustice, Center for Biological Diversity, CleanAirNow KC and Sierra Club in San Francisco. Another was filed by the Natural Resources Defense Council and United Auto Workers in New York.
Both target the environmental review underpinning the planned purchase of up to 165,000 next-generation delivery vehicles over the next decade.
The Postal Service defended its actions.
“The Postal Service conducted a robust and thorough review and fully complied with all of our obligations under (the National Environmental Policy Act),” spokesperson Kim Frum said Thursday in an email.
The Postal Service contract calls for 10% of the new vehicles to be electric but the Postal Service contends more electric vehicles can be purchased based on financial outlook and strategic considerations.
The percentage of battery-electric vehicles was doubled — to 20% — in the initial $2.98 billion order for 50,000 vehicles.
Environmental advocates contend the Postal Service’s environmental review was inadequate and flawed, and that the contract represented a missed opportunity to electrify the fleet and reduce emissions.
The review process “was so rickety and riddled with error that it failed to meet the basic standards of the National Environmental Policy Act,” said Adrian Martinez, senior attorney on Earthjustice’s Right to Zero campaign.
The Postal Service is in the process of replacing the ubiquitous delivery trucks that went into service between 1987 and 1994.
The new gasoline-powered vehicles would get 14.7 miles per gallon (23.7 kilometers per gallon) without air conditioning, compared to 8.4 mpg (13.5 kpg) for the older vehicles, the Postal Service said.
All told, the Postal Service’s fleet includes 190,000 local delivery vehicles. More than 141,000 of those are the old models that lack safety features like air bags, anti-lock brakes and backup cameras.
The new vehicles are taller to make it easier for postal carriers to grab packages and parcels that make up a greater share of volume. They also have improved ergonomics and climate control.
___
Sharp reported from Portland, Maine.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/04/28/groups-that-want-electrify-usps-fleet-file-lawsuits/ | 2022-04-28T15:12:46Z |
‘Hometown boy done good’ – a South Georgia trailblazer is leading the Pentagon at a turbulent time
Secretary Lloyd Austin, a Georgia native, now leads as the Secretary of Defense.
WASHINGTON (Gray DC) - Secretary Lloyd Austin grew up in Thomasville, Georgia before making his way to West Point. He rose through the ranks while on active duty, becoming a four-star general, and now as a civilian occupies the highest role at the Pentagon as Secretary of Defense. Rep. Sanford Bishop (D-Ga.) is proud to have him in this role.
“Hometown boy done good,” said Bishop.
Bishop is an Army veteran himself. He said having someone like Austin at the helm of U.S. armed forces, once the Commander of U.S. forces in Iraq then Commander of Central Command, gives confidence to the troops.
“It makes the soldier and our troops committed to the fact that they’re willing to follow the Commander in Chief, willing to follow the leaders,” said Bishop.
The Thomasville High School graduate has faced numerous tests during his first year as the civilian leader of the U.S. military. Austin received many questions about the withdrawal from Afghanistan last summer, including how 13 service members lost their lives to a suicide bomb at the Kabul airport.
Now, he faces questions about how much the U.S. military can support Ukraine against Russian aggression. Bishop thinks Austin and the administration are handling it well.
“President Biden and his security team, including Secretary Austin, have done a tremendous job unifying our NATO allies and the world,” said Bishop.
Bishop said he has worked with Austin throughout the years on different causes, including helping families of veterans. Bishop thinks it is in the DNA of his district to serve.
“Our core values: God, country, work, and family. And of course, country is patriotism,” said Bishop.
Bishop notes that Thomasville is rich in U.S. military history. Henry Flipper, the first black graduate of West Point in 1977, is also a native of Thomasville. Last year, Lloyd Austin made history when he became the first black Secretary of Defense.
Copyright 2022 Gray DC. All rights reserved. | https://www.wvva.com/2022/04/28/hometown-boy-done-good-south-georgia-trailblazer-is-leading-pentagon-turbulent-time/ | 2022-04-28T15:12:53Z |
Ohio school board member’s typo puts porn link in pro-abstinence Facebook post
BUTLER COUNTY, Ohio (WXIX/Gray News) - The Lakota School Board voted 4-1 to censure a board member for posting a link on Facebook that led to “inappropriate sexual content.”
A separate motion Wednesday passed requesting that board member Darbi Boddy resign immediately, WXIX reported.
Boddy, according to the censure resolution, made the post on her campaign’s Facebook account.
In her post, Boddy responds to the notion of the district hiring a firm to review its curriculum for potentially objectionable content.
Boddy, who ran on a platform opposing critical race theory, objects to hiring the firm without the board ensuring that both board members and the firm have an understanding of CRT. But she also objects to sexual education content she claimed is already found in Ohio schools, and she posts links to such sites as examples of what she would find objectionable, including content “about masturbating, sex toys, anything taught besides abstinence.”
One of the links originally contained a typo that took users not to the intended site but to a site containing sexual content the board found inappropriate.
“To post pornographic content on an official, public-facing school board member account that can be accessed by many of our own students is absolutely unacceptable,” Board President Lynda O’Connor said Wednesday evening. “Furthermore, to make a public accusation that our curriculum contains such pornographic material is deplorable.”
Boddy has since removed the link, according to the school board.
She posted a follow-up statement prior to Wednesday’s meeting. It reads in part: “One of the pornographic sites that was put in my communication as part of my list of what to look for in our schools, was a typo and although it was not meant to be part of my communication, it is still representative of the disgusting material that is being put in front of our children. If a typo brings more attention to this problem so be it.”
The board’s censure resolution contends it doesn’t matter that Boddy might not have meant to post the link in question: “Even if the link was posted inadvertently, Ms. Boddy demonstrated gross negligence and reckless conduct by posting links on her Facebook page without ensuring that the content thereon is appropriate.”
Boddy cast the lone no vote on the censure resolution as she walked out of the meeting, saying, “I will not be part of this political ruse.”
The board then voted 4-0 on the resignation request.
“You exposed our community, including potentially children, to inappropriate sexual content,” O’Connor said. “By trying to raise awareness about what to keep out of our schools, your manner of communication has placed it directly into our school community. Your conduct was fundamentally wrong and we expect you to take responsibility.”
School boards in Ohio do not have the authority to remove one of their fellow board members from the board.
“The steps taken at this afternoon’s emergency meeting are the strongest actions the Board can legally take in response to this situation,” a district spokesperson said.
The censure resolution notes Boddy has engaged in previous conduct unbecoming of a board member, referencing “disrespectful and unprofessional comments” to administrators and other Board members.
An earlier online petition to censure Boddy “for her continued disrespect and aggression” towards district superintendent Matt Miller has more than 1,500 signatures, according to The Cincinnati Enquirer.
The petition reads, “Month after month, meeting after meeting, Mrs. Boddy has repeatedly attacked the integrity and honesty of Mr. Miller. Mrs. Boddy’s statements and behavior serve to undermine the confidence in District leadership at the Board level. Additionally, by her words and statements she is demeaning the integrity of the entire Lakota Staff.”
Copyright 2022 WXIX via Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/04/28/ohio-school-board-members-typo-puts-porn-link-pro-abstinence-facebook-post/ | 2022-04-28T15:13:00Z |
President Biden to speak at Naval Academy graduation
Published: Apr. 28, 2022 at 11:01 AM EDT|Updated: 11 minutes ago
ANNAPOLIS, Md. (AP) — President Joe Biden is scheduled to speak at the U.S. Naval Academy’s graduation and commissioning ceremony next month, the academy announced Thursday.
The ceremony for the Class of 2022 is scheduled for May 27 at the Navy-Marine Corps Memorial Stadium in Annapolis, Maryland.
More than 1,000 students will graduate. Most will be commissioned as officers to serve at least five years, either as Navy ensigns or 2nd lieutenants in the Marine Corps.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/04/28/president-biden-speak-naval-academy-graduation/ | 2022-04-28T15:13:06Z |
Augusta County Circuit Court Clerk’s Office announces new staff
AUGUSTA COUNTY, Va. (WHSV) - Augusta County Clerk of Circuit Court R. Steven Landes announced Thursday that two new staff members have recently joined the Augusta County Circuit Court Clerk’s Office. The positions of Deputy Clerk – Court Reporter, and Deputy Clerk – Criminal Division were recently filled.
“We are so pleased to have Courtney Little and Amber Peterson join the staff of the Augusta County Circuit Court Clerk’s Office,” Landes said. “Both Courtney and Amber are filling important roles in serving the public, and I know that they will provide great service to the Citizens of Augusta County.”
Courtney A. Little of Staunton will serve as Deputy Clerk – Court Reporter, and Amber N. Peterson of Harrisonburg will serve as Deputy Clerk – Criminal Division.
Little is currently enrolled at Old Dominion University and served as a Deputy Clerk in the Berrien County District Court in Michigan. Peterson is a recent graduate of James Madison University with a Bachelor of Science in Justice Studies.
More information about the services of the Augusta County Circuit Court Clerk’s Office can be found online.
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/04/28/augusta-county-circuit-court-clerks-office-announces-new-staff/ | 2022-04-28T16:26:03Z |
Biden wants another $33B to help Ukraine battle Russia
WASHINGTON (AP) — President Joe Biden asked Congress on Thursday for an additional $33 billion to help Ukraine fend off Russia’s invasion, a signal that the U.S. is prepared to mount a robust, long-term campaign to bolster Kyiv and weaken Moscow as the bloody war enters its third month with no sign of abating.
Biden’s latest proposal — which the White House said was expected to support Ukraine’s needs for five months — has more than $20 billion in military assistance for Kyiv and for shoring up defenses in nearby countries. There is also $8.5 billion in economic aid to help keep Ukrainian President Volodymyr Zelenskyy’s government functioning and $3 billion for food and humanitarian programs to help civilians, including the more than five million refugees created by the war.
The assistance package, which now heads to Congress for consideration, would be more than twice as large as an initial $13.6 billion of defense and economic aid for Ukraine and Western allies that Congress enacted last month and is now almost exhausted. It was meant to signify that the U.S. is not tiring of helping to stave off Russian President Vladimir Putin’s attempt to expand his nation’s control of its neighbor, and perhaps beyond.
“The cost of this fight is not cheap, but caving to aggression is going to be more costly,” Biden said. “It’s critical this funding gets approved and as quickly as possible.”
The request comes with the fighting, now in its ninth week, sharpening in eastern and southern parts of the country and international tensions growing as Russia cuts off gas supplies to two NATO allies, Poland and Bulgaria.
Biden promised that the U.S. would work to support its allies’ energy needs, saying, “We will not let Russia intimidate or blackmail their way out of the sanctions.”
Biden said the new package “begins the transition to longer-term security assistance” for Ukraine.
There is wide, bipartisan support in Congress for giving Ukraine all the help it needs to fight the Russians, and its eventual approval of assistance seems certain. But Biden and congressional Democrats also want lawmakers to approve billions more to battle the pandemic, and that along with a Republican push to entangle the measure with an extension of some Trump-era immigration restrictions leaves the proposal’s pathway to enactment unclear.
Biden also asked lawmakers to include an additional $22.5 billion for vaccines, treatments, testing and aid to other countries in continuing efforts to contain COVID-19, saying “we’re running out of supply for therapeutics.”
But that figure, which Biden also requested last month, seems aspirational at best. In a compromise with Republicans, Senate Democrats have already agreed to pare that figure to $10 billion, and reviving the higher amount would be at best an uphill fight.
Biden said he had no preference whether lawmakers combined the virus funding with the Ukraine package or split them up. “They can do it separately or together,” Biden said, “but we need them both.”
Biden was also asking Congress on Thursday for new powers to seize and repurpose the assets of Russian oligarchs, saying the U.S. was seizing luxury yachts and homes of “bad guys.”
He wants lawmakers to make it a criminal offense for a person to “knowingly or intentionally possess proceeds directly obtained from corrupt dealings with the Russian government,” double the statute of limitations for foreign money laundering offenses to 10 years, and expand the definition of “racketeering” under U.S. law to include efforts to evade sanctions.
Biden also asked Congress to allow the federal government use the proceeds from selling the seized assets of sanctioned Russian oligarchs to help the people of Ukraine.
In a virtual address to International Monetary Fund and World Bank leaders last week, Ukrainian President Volodymyr Zelenskyy called for the proceeds of sanctioned property and Central Bank reserves to be used to compensate Ukraine for its losses.
He said that frozen Russian assets “have to be used to rebuild Ukraine after the war as well as to pay for the losses caused to other nations.’’
Treasury Secretary Janet Yellen said at the time that congressional action would be needed to authorize such actions.
The war has already caused more than $60 billion in damage to buildings and infrastructure, World Bank President David Malpass said last week. And the IMF in its latest world economic outlook forecast that Ukraine’s economy will shrink by 35% this year and next.
In recent weeks, the U.S. and global allies have sanctioned dozens of oligarchs and their family members, along with hundreds of Russian officials involved in or deemed to be supporting its invasion of Ukraine. The White House says the new tools will toughen the impact of the sanctions on Russia’s economy and its ruling class by making sanctions more difficult to evade.
The huge amount that Biden is seeking in the supplemental is more than half of the entire proposed $60.4 billion budget for the State Department and U.S. Agency for International Development for the next budget year, although it’s only a small fraction of the 2023 Pentagon spending plan.
According to Brown University’s Costs of War Project, the U.S. has spent about $2.2 trillion on the wars in Afghanistan and Iraq since Sept. 11, 2001. It estimates that the costs of interest by 2050 would grow to $6.5 trillion.
As a comparison, the U.S. spent $23.2 billion – including Defense, State and Homeland Security department money – in the 2001 budget year alone to cover the aftermath of 9/11 and the invasion of Afghanistan, according to the Congressional Research Service.
Of the money Biden is requesting now for military purposes, $6 billion would be used to arm Ukraine directly, $5.4 billion would replace U.S. supplies sent to the area, $4.5 billion would be for other security assistance for Ukraine and U.S. allies, and $2.6 billion for the continued deployment of U.S. forces to the region, according to documents describing the request.
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Associated Press writers Chris Megerian, Fatima Hussein, Lolita C. Baldor and Matthew Lee contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/04/28/biden-seeks-new-powers-use-oligarchs-assets-ukraine/ | 2022-04-28T16:26:09Z |
Ukraine says Russian offensive in east picks up momentum
IRPIN, Ukraine (AP) — Moscow’s offensive in eastern Ukraine gathered momentum as several areas came under heavy shelling Thursday, amid suspicions Russian President Vladimir Putin wants to score a major battlefield success in time for Victory Day, one of Russia’s proudest holidays, on May 9.
Ukrainian authorities reported intense Russian fire in the Donbas — the eastern industrial heartland that the Kremlin is bent on capturing — and near Kharkiv, a northeastern city that is outside the Donbas but is seen as key to the offensive.
In the ruined southern port city of Mariupol, Ukrainian fighters holed up in the steel plant that represents the last pocket of resistance said concentrated bombing overnight killed and wounded more people. And authorities warned that a lack of safe drinking water inside the city could lead to outbreaks of deadly diseases.
The fresh attacks came as the United Nations chief surveyed the destruction in small towns outside Kyiv, which saw some of the worst horrors of the first onslaught of the war. U.N. Secretary-General António Guterres condemned the atrocities committed in towns like Bucha, where evidence of mass killings of civilians was found after Russia retreated in the face of unexpectedly stiff resistance.
“Wherever there is a war, the highest price is paid by civilians,” Guterres lamented as he visited the bombed-out Kyiv suburb of Irpin. He reiterated the importance of investigating alleged war crimes.
Getting a full picture of the unfolding battle in the east has been difficult because airstrikes and artillery barrages have made it extremely dangerous for reporters to move around. Several journalists already have been killed in the war, now in its third month.
Also, both Ukraine and the Moscow-backed rebels fighting in the east have introduced tight restrictions on reporting from the combat zone.
Western officials say the Kremlin’s apparent goal is to take the Donbas by encircling and crushing Ukrainian forces from the north, south and east.
But so far, Russia’s troops and their allied separatist forces appear to have made only minor gains, taking several small towns as they try to advance in relatively small groups against staunch Ukrainian resistance.
Some analysts say the delay in launching a full-fledged offensive may reflect Putin’s decision to wait until his forces are ready for a decisive battle — rather than rushing in and risking another failure, like the abortive attempt to storm Kyiv, that could shake his rule amid worsening economic conditions at home because of Western sanctions.
Many observers expect Putin will try to claim a big victory in the east by Victory Day, which marks the defeat of Nazi Germany during World War II.
Putin, like many of his predecessors, often uses patriotic Russian holidays and anniversaries to make announcements. In March, he used a rally at a Moscow stadium to celebrate the eighth anniversary of Russia’s annexation of the Crimean Peninsula, taken from Ukraine.
The discovery of the mass killings around Kyiv helped to galvanize support for Ukraine in the West. Bulgarian Prime Minister Kiril Petkov vowed his country would join others in providing military assistance as he toured another scene of atrocities outside Kyiv, in Borodyanka.
“We cannot be indifferent. We cannot say that this is a Ukrainian problem. We cannot say some people are dying but we are not interested in that,” he said. “This is not just the battle for Ukraine, but it is a matter for civilization to choose which side to take.”
Bulgaria, under a new liberal government that took office last fall, has severed many of its old ties to Moscow and supported punitive measures against the Kremlin.
The visit by the Bulgarian leader came a day after Russia cut off the supply of natural gas to his country and fellow NATO member Poland, in what was seen as a bid to punish and divide the West.
As Russia presses its offensive, civilians again bear the brunt.
“It’s not just scary. It’s when your stomach contracts from pain,” said Kharkiv resident Tatiana Pirogova. “When they shoot during the day, it’s still OK, but when the evening comes, I can’t describe how scary it is.”
Ukraine’s military said that Russian troops were subjecting several places in the Donbas to “intense fire” and that over the past 24 hours, Ukrainian forces had repelled six attacks in the region.
Four civilians were killed in heavy shelling of residential areas in the Luhansk region of the Donbas, according to the regional governor.
Columns of smoke could be seen rising at different points across the Donetsk region of the Donbas, and artillery and sirens were heard on and off.
Satellite photos analyzed by The Associated Press also showed evidence of intense Russian fire on Mariupol in recent days.
A video posted online by Ukraine’s Azov Regiment inside the steel plant showed people combing through the rubble to remove the dead and help the wounded. The regiment said the Russians hit an improvised underground hospital and its surgery room, killing an unspecified number of people. The video couldn’t be independently verified.
Hundreds of thousands of Mariupol’s residents have fled. Authorities said the estimated 100,000 who remain run the risk of diseases like cholera and dysentery.
“Deadly epidemics may break out in the city due to the lack of centralized water supply and sewers,” the council said on the messaging app Telegram. It reported bodies decomposing under the rubble and a “catastrophic” shortage of drinking water and food.
Russia, meanwhile, said a city under its control in the south came under fire. In what may have been a Ukrainian counterattack, a series of explosions boomed near the television tower late Wednesday in Kherson, which has been occupied by Russian forces since early in the war.
The blasts at least temporarily knocked Russian channels off the air.
Ukraine has urged its allies to send even more military equipment to fend off the Russians. U.S. President Joe Biden plans to Congress for an additional $33 billion to help Ukraine.
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Keyton reported from Kyiv, Ukraine. Associated Press journalists Jon Gambrell and Yuras Karmanau in Lviv, Mstyslav Chernov in Kharkiv, Yesica Fisch in Sloviansk, and AP staff around the world contributed to this report.
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Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/04/28/european-leaders-blast-cutoff-russian-gas-blackmail/ | 2022-04-28T16:26:15Z |
Family awarded $5 million for golf ball damage to home
KINGSTON, Mass. (WCVB) – A family in Massachusetts was awarded nearly $5 million after golf balls caused thousands of dollars in damages to their home.
The family’s attorney says nearly 700 golf balls have landed on their property since 2017, when they moved in.
“There are 26 windows that need to be replaced. The entire siding of the home has to be replaced,” explained Robert Galvin, the family’s attorney.
The Tenczar family loves the golf course view the Indian Pond Country Club provides, but their attorney says the hazards weigh heavily on their hearts.
“This was so extremely upsetting to them, and they were so completely powerless to really fix the problem. The problem has to be fixed from the golf course side,” Galvin said.
Galvin said the potential for damage is a part of the risk of living near the fairway, adding that the club has insurance to fix damage like what’s seen at the Tenczar’s house.
The family’s attorney said they declined that action because they wanted to prevent such a large number of golf balls from entering their property.
“There’s a lot of damage,” Galvin said.
The judge on the case awarded the Tenczar family $100,000 in damages and $3.5 million in emotional distress. Fees and interest bring the total to nearly $5 million.
Galvin said the family didn’t try to sell the home because it would have been too difficult to find a buyer.
“It would be impossible to sell the house with that type of situation,” he explained. “The problem had to be solved.”
The owner of the golf course plans to appeal the judge’s decision.
In the meantime, they’ve changed the hole the Tenczar family lives near as they work to find a positioning that will not lead to as many golf balls hitting their home.
Copyright 2022 WCVB via CNN Newsource. All rights reserved. | https://www.whsv.com/2022/04/28/family-awarded-5-million-golf-ball-damage-home/ | 2022-04-28T16:26:22Z |
CHEYENNE – A local high school student is getting an award for her efforts studying the French language, the American Association of Teachers of French has announced.
Marie Apostolou is getting from the association one of its 2022 outstanding senior in French awards, according to an undated news release from AATF.
Apostolou is a student at Central High School in Cheyenne, the school confirmed Tuesday. Her teacher is Sarah Evans, Central's French teacher, the school and an AATF representative separately said by phone. AATF chose Apostolou as the recipient of the award among all French students who were eligible for the honor at Central, Evans told the WTE.
Apostolou, 18, is a senior at Central. She plans to attend the University of Wyoming and major in international studies, according to Evans.
In a nod to Central students, specifically among all French-learning high schools in the U.S., two students from the school are also among the 10 nationally who received another annual honor from the association. The Francophone studies scholarship is for $2,000 per student. Besides Apostolou, Anna Groth is also getting this scholarship, according to Evans.
Apostolou will use her scholarship funds to participate in Central’s France study tour in June, "with an additional three weeks with her French host family in July," Evans wrote in an email to the WTE Wednesday. Groth, 17 and a junior at Central, also will use this scholarship to go on the high school's Central’s France tour this summer, according to Evans.
The outstanding senior award is made annually to a graduating high school senior "who has demonstrated excellence in the study of French, as well as exceptional commitment to the French language and the many cultures where it is spoken," according to AATF's release. It noted that Apostolou had studied the language for at least three years.
This student has also studied abroad, AATF said. She is an officer in the French Club, she has taken part in National French Week and tutors elementary-school students in the language. | https://www.wyomingnews.com/news/in_our_schools/centrals-marie-apostolou-getting-french-student-award/article_08c08dfb-f220-5eb2-a68f-66d11d92fda1.html | 2022-04-28T16:26:26Z |
ROCK SPRINGS – Mother-daughter duo Monica and Zoe Thompson have found a passion for raising rabbits.
After someone dropped a mini lop rabbit on her front doorstep around 13 years ago, Monica said that that's when her journey of raising rabbits began.
“I didn’t know anything about it or where it came from but we decided to keep the rabbit as a pet,” Monica said. “We kind of fell in love with rabbits from there.”
Zoe has been participating in 4-H for two years and will be showing her rabbits at the Sweetwater County Fair this year.
“For 4-H, I have to learn what breed they are, what their colors are, what group they would be in and how to pose them,” Zoe said.
“The 4-H motto is ‘To make the best better.’ So, I am constantly looking for better stock to breed with what we have in order to get better rabbits for Zoe to show for fair,” Monica said. “It has definitely become a passion.”
Along with helping Zoe show the rabbits for 4-H, Monica also shows the rabbits for the American Rabbit Breeders Association.
“I show all over the state. In fact, there are shows in Wheatland, Laramie and northern Colorado that I’d like to go to in May,” Monica said. “At the shows, we put the rabbits in a coop and the judge picks them up and poses the way that they are supposed to be posed according to the Standard of Perfection.
“The judge then looks them over, feels the rabbit’s coat density and checks to make sure that they have all of their toenails. If they are missing a toenail, that’s a disqualification.”
Monica said that when showing rabbits, if you receive a fault, you can still show the rabbit. However, receiving a disqualification means that it can’t be shown.
“If I have a rabbit that ends up getting disqualified at a show, I sell it to someone as a pet. I try to sell my rabbits to 4-H members in order to help them get started,” Monica said. “I give them a discount compared to if I was just selling it as a pet because I want to make sure that they are going to good homes.
“I’m always available for assistance with the rabbits that I sell. If they need help trimming toenails or have any questions, I’m available. I am also always willing to take a rabbit back if it doesn’t end up fitting well with the family household.”
Monica also said that she does not sell the mean rabbits as pets. They humanely euthanize them.
“I don’t want a family to end up thinking that rabbits are bad pets because they ended up getting a mean one. We’ve had that happen and it’s hard,” Monica said. “However, it’s agriculture. It’s just like if you had a mean bull that was constantly busting through fences and getting into people’s fields.
“It seams harsh, but it’s just agriculture. It’s the nature of the beast.”
Monica said that she is planning on changing up some things in their heard of rabbits due to losing litters.
“In agriculture, you are constantly changing things up. I sell the baby rabbits that we don’t end up keeping.”
Monica and Zoe recently had a litter of rabbits that were born within the last two weeks.
“The baby rabbits are just like puppies and kittens when they’re born. They don’t even have their eyes open yet,” Monica said. “It takes around 10-12 days for them to open their eyes.”
Both Monica and Zoe have enjoyed raising rabbits and like sharing their passion with others in the community.
“We love getting to talk to and educate the community about rabbits. There are so many benefits to having rabbits as pets,” Monica said. “They’re quiet, don’t stink and when it comes to grooming, all I have to do is trim their toenails. You also can house train a rabbit.
“It’s been such a fun experience raising rabbits and we look forward to continuing it.” | https://www.wyomingnews.com/rocketminer/a-hare-raising-experience-mother-daughter-duo-raise-rabbits-for-4-h-and-more/article_2d9c0b0c-293a-501a-8dfb-dfc8ca1b02fe.html | 2022-04-28T16:26:27Z |
SWEETWATER COUNTY – Treatment Court of Sweetwater County has been helping people get a fresh start since 2006.
Treatment Court is a nonprofit court-supervised program.
Treatment Court director Augusta Clayton-Davis has been working in recovery for 6-7 years and has a degree in counseling.
“Our mission statement is that we establish a system of effective, multi-disciplinary partnerships, rehabilitating substance abusing offenders and holding participants accountable while assisting participants in becoming productive and responsible members of their families and communities.”
According to the National Drug Court Professional’s website, nadcp.org, there are 20.2 million American adults, about 1 in 10, have a substance use disorder. There are 43.6 million, around 1 in 5, have a mental health problem. Around 8 million of those individuals suffer from co-occurring substance use and mental health disorders.
Clayton-Davus said that there is a team of 12 professionals such as attorneys that represent different facilities and organizations in the communities; members from the prosecuting attorney’s office; people from the Department of Family Services; people from Southwest Counseling; volunteer members; members of law enforcement from the Green River and Rock Springs Police Departments; deputies from the Sweetwater County Sheriff’s Office; a judge.
“We’ve got a well-rounded team of professionals that helps these individuals make decisions for themselves and their families to be productive members of society,” Clayton-Davis said. “Many of our participants have never had a job before or they may not know how to pay bills.
“Also, they’ve been through a lot of trauma so they require trauma counseling. We offer counseling of all types.”
She said that in addition to trauma counseling, Treatment Court offers family and substance abuse counseling.
Financial management and health and wellness are also components of the program.
“We work with a great facility in the area called Elements Integrative Wellness Center. We also hold family events and continued sober events,” Clayton-Davis said. “Some of our clients have never really experienced what that looks like. We have a Christmas party every year for them and we hold a monthly breakfast.
“We want to recognize that it’s a fight every day. They wake up every day and make this decision; it’s so brave and courageous of them to face it every day. So, we want to give them every possible tool to be successful.”
According to Clayton-Davis, probation is also a part of the Treatment Court program.
“We also have someone from probation on our team. They have a unique role. It is an intensely supervised program, but we also provide some important life skills to help the clients.”
Career development is an additional part of the program.
“We want to open their horizons and encourage them to continue their education.”
In order to be in the Treatment Court program, participants cannot have any sexual or violent offenses.
Clayton-Davis said that most of the clients are typically facing a significant amount of prison time.
“If they don’t complete the program, then they may be looking at years in prison. It’s an alternative to incarceration,” Clayton-Davis said. “If they don’t complete the program successfully, they may be facing those original charges.”
Treatment Court of Sweetwater County is funded for 20 participants.
“We don’t have a cap necessarily. We try to serve as many participants as we can creatively with the funds that we receive. If we were to have around 35-36 participants, we would probably not be able to provide the treatment and services that we do provide our clients, just due to funding.”
She said that the program is locally supported by the city of Rock Springs, the city of Green River and Sweetwater County. The program’s main funding comes from a state grant.
On average, the program can be completed in between 12-18 months, according to Clayton-Davis.
“We do have the ability to keep participants for up to three years, if necessary. Sometimes, they have to go back to residential treatment; other times they need other interventions that end up making the program last a little bit longer,” Clayton-Davis said. “Sometimes times we’re dealing with some really heavy issues so it’s not going to take just 12-18 months to unpack those issues.”
She said that Treatment court can mean so much to those who are participants.
“A lot of the times, the program means ‘hope.’ It offers support and consistency that they haven’t seen in their lives. It shows them that there are people who are in their court and aren’t going to give up on them,” Clayton-Davis said. “It’s a chance for a new life for not only them, but their children and then generations to come.
“It’s being looked at in the community by professionals and other citizens as a contributing member to society.”
She went on to say, “We want to break the stigma of addiction. I think their success stories and their bravery really shows off in the community. Many of them end up going to college and doing things that they thought they could never do in their lives.”
Clayton-Davis said that the in-program's recidivism rate was 2.38% and the post-program recidivism was 14.71% from fiscal year 2021.
In addition, the program shows retention at 73% for the fiscal year 2021.
“Addiction affects everyone on some level, whether that be themselves or someone that they know. No matter what economic status you are, addiction affects our society,” she said. “It is something that needs to be invested in, instead of feeling like these individuals aren’t of value.
“It’s important to invest in them and teach them ways that they haven’t been taught before. We need to break the stigma because everyone is affected by addiction in some way.” | https://www.wyomingnews.com/rocketminer/a-new-beginning-treatment-court-of-sweetwater-county-continues-giving-participants-a-fresh-start/article_19ba2830-11b5-5e7b-b8b8-41191609b0e5.html | 2022-04-28T16:26:28Z |
In the life of a reporter, it’s not every day that you get to encounter cute, fluffy animals while on the job.
I recently got the chance to interview someone who raises rabbits. When I scheduled the interview, I was excited to get to see and take photographs of their pet rabbits. Who doesn’t like being around cute animals?
Now, I personally have never been around those cute little balls of fur for an extended period of time. That’s why before that interview, I was very unaware that I have a slight allergy to rabbits.
As I was interviewing the person and taking pictures of the adorable rabbits, I began to feel a little funny. Now, it just started with my eyes beginning to slightly water and burn. It then escalated from there.
My nose then started to run and a rash began to form on my neck. Not thinking much of it, I continued with the interview. As the interview progressed, however, my eyes continued to water and it looked as if I was starting to cry.
I quickly realized at that point that I was having an allergic reaction to these adorable little furballs.
How could something that cute make you feel so uncomfortable?
I of course pushed forward in order to complete the interview, even through hazy eyes.
Thankfully, due to having other allergies, I always have Benadryl on hand. With it not being a severe reaction, I was able to wait until after the interview was completed to take the medicine.
I suppose that’s the hazard of the job. You never know what you’re going to come across and you never know if you’ll end up being allergic to one of the subjects of your interview.
Even after having an allergic reaction, I would still say that it was worth it. Who wouldn’t like to get the opportunity to see an adorable animal while on the job?
However, I do think from now on that I'll stay away from the cute little allergy-inducing pets. | https://www.wyomingnews.com/rocketminer/look-who-s-talking-a-fluffy-date-with-disaster/article_f80ea867-14f8-5ce4-87ce-60b86cbbf491.html | 2022-04-28T16:26:32Z |
FDA to issue plan banning menthol in cigarettes, cigars
WASHINGTON (AP) — The U.S. government on Thursday will lay out its long-awaited plan to ban menthol cigarettes and flavored cigars, which have taken a disproportionate toll on Black smokers and other minorities.
Food and Drug Administration Commissioner Robert Califf previewed the announcement in congressional testimony, saying the proposal would reduce disease and death by helping current smokers quit and stopping younger people from starting.
Menthol accounts for more than a third of cigarettes sold in the U.S, and the mint flavor is overwhelmingly favored by Black smokers and young people.
The FDA has attempted several times to get rid of menthol but faced pushback from Big Tobacco, members of Congress and competing political interests under both Democratic and Republican administrations.
The agency has been under legal pressure to issue a decision after anti-smoking and civil rights groups sued the FDA for “unreasonably” delaying action on earlier requests to ban menthol. Menthol’s cooling effect has been shown to mask the throat harshness of smoking, making it easier to start and harder to quit smoking.
The FDA will also seek to ban menthol and dozens of over sweet and fruity flavors from small cigars, which are increasingly popular with young people, especially Black teens.
The agency’s proposals on both cigarettes and cigars will only be initial drafts. FDA will take comments before issuing final rules, which then could face years of legal challenges from tobacco companies.
Menthol is the only cigarette flavor that was not prohibited under the 2009 law that gave the FDA authority over tobacco products, an exemption negotiated by industry lobbyists. The act did, though, instruct the agency to continue to weigh a ban.
Last April, the Biden administration pledged to try to ban menthol within the year, responding in part to African American groups who say menthol has led to lower quit rates and higher rates of death among Black people. Menthols are used by 85% of Black smokers.
“Black folks die disproportionately of heart disease, lung cancer and stroke,” said Phillip Gardiner of the African American Tobacco Control Leadership Council. “Menthol cigarettes and flavored cigars are the main vectors of those diseases in the Black and brown communities, and have been for a long time.”
In 2020, Gardiner’s group and several others sued to compel the FDA to make a decision on a ban.
The FDA made several efforts to begin eliminating menthol under both the Obama and Trump administrations, but has never previously released a formal roadmap of how the process would work.
“This is the first time there’s been support from an administration,” said Mitch Zeller, who recently retired after nine years leading FDA’s tobacco center. “If these rules are finalized they become the law of the land and it becomes illegal for menthol cigarettes and flavored cigars to be sold.”
In recent weeks, dozens of interest groups — for and against the ban — met with Biden administration officials to try and influence the proposed rule, which would wipe out billions in tobacco sales.
For decades, tobacco companies focused menthol advertising and promotions in Black communities, sponsoring music festivals and neighborhood events. Industry documents released via litigation show companies viewed menthol cigarettes as a good “starter product” because they were more palatable to teens.
Menthol’s elimination would be a huge blow to tobacco companies, including Marlboro-maker Altria and Reynolds American, which sells the leading menthol brands, Newport and Kool. With the slow decline of smoking, tobacco companies have been diversifying into alternative products, including electronic cigarettes and tobacco pouches. But those ventures still account for a tiny slice of industry sales.
More than 12% of Americans smoke cigarettes, with rates roughly even between white and Black populations.
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Follow Matthew Perrone on Twitter: @AP_FDAwriter
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The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/04/28/fda-expected-ban-menthol-cigarettes/ | 2022-04-28T16:26:29Z |
SWEETWATER COUNTY -- Dale Majhanovich, a veteran of four decades of service with the Sweetwater County Coroner’s Office, has announced his candidacy for re-election as Sweetwater County Coroner.
A Rock Springs native, Majhanovich graduated from the Rock Springs High School and went on to Western Wyoming Community College and the San Francisco College of Mortuary Science, earning two associate’s degrees. He has been registered with the Conference of Funeral Services Embalming Board since earning his Wyoming State Embalmers License in 1979.
Majhanovich was first appointed a Deputy County Coroner in 1982 and has served as Coroner since 1993. He was nominated in 1997 for membership in the American College of Forensic Examiners and in the same year received recognition by the college as a diplomate. His status was elevated to that of a Fellow in 2009, a designation limited to a select group of professionals recognized for their demonstrated expertise and knowledge in the forensics field. In 2013 he was recognized along with his Chief Deputy Travis R. Sanders, for their outstanding service on behalf of the victims of crime in Sweetwater County.
A member of the Wyoming Coroner’s Association and the Wyoming Peace Officer’s Associations, Majhanovich has served four terms on the Wyoming Coroner’s Board of Standards. He served as a board member of Hospice of Sweetwater County and a member of the Sweetwater County Child Fatality Review Team, the Volunteer Intermountain Organ and Tissue Recovery System and the Utah Lions Eye Bank. He also served with the National Disaster Mortuary Operational Response Team/National Disaster Medical System, the Suicide Prevention Coalition and the Substance Abuse Coalition
In announcing his re-election bid, Majhanovich affirmed his ongoing commitment to providing caring, dignified, professional service to the people of Sweetwater County.
"I’ve demonstrated that commitment throughout my 40 years of service with the Sweetwater County Coroner’s Office," he said, "and it would be a privilege for me to continue that service." | https://www.wyomingnews.com/rocketminer/majhanovich-announces-re-election-for-county-coroner/article_a25509aa-e7e6-5d60-9c7e-ea8fd5ee06e3.html | 2022-04-28T16:26:36Z |
Groups that want to electrify USPS fleet file lawsuits
(AP) - Groups that want the U.S. Postal Service to buy more electric delivery vehicles are suing to halt purchases of thousands of gas-powered trucks as the agency modernizes its mail delivery fleet.
Two lawsuits, filed Thursday in New York and California, ask judges to order a more thorough environmental review before the Postal Service moves forward with the next-generation delivery vehicle program.
Plaintiffs contend that purchases of fossil fuel-powered delivery vehicles will cause environmental harm for decades to come.
“Louis DeJoy’s gas-guzzling fleet guarantees decades of pollution with every postcard and package,” said Scott Hochberg, an attorney with the Center for Biological Diversity, referring to the postmaster general.
One lawsuit was filed by Earthjustice, Center for Biological Diversity, CleanAirNow KC and Sierra Club in San Francisco. Another was filed by the Natural Resources Defense Council and United Auto Workers in New York.
Both target the environmental review underpinning the planned purchase of up to 165,000 next-generation delivery vehicles over the next decade.
The Postal Service defended its actions.
“The Postal Service conducted a robust and thorough review and fully complied with all of our obligations under (the National Environmental Policy Act),” spokesperson Kim Frum said Thursday in an email.
The Postal Service contract calls for 10% of the new vehicles to be electric but the Postal Service contends more electric vehicles can be purchased based on financial outlook and strategic considerations.
The percentage of battery-electric vehicles was doubled — to 20% — in the initial $2.98 billion order for 50,000 vehicles.
Environmental advocates contend the Postal Service’s environmental review was inadequate and flawed, and that the contract represented a missed opportunity to electrify the fleet and reduce emissions.
The review process “was so rickety and riddled with error that it failed to meet the basic standards of the National Environmental Policy Act,” said Adrian Martinez, senior attorney on Earthjustice’s Right to Zero campaign.
The Postal Service is in the process of replacing the ubiquitous delivery trucks that went into service between 1987 and 1994.
The new gasoline-powered vehicles would get 14.7 miles per gallon (23.7 kilometers per gallon) without air conditioning, compared to 8.4 mpg (13.5 kpg) for the older vehicles, the Postal Service said.
All told, the Postal Service’s fleet includes 190,000 local delivery vehicles. More than 141,000 of those are the old models that lack safety features like air bags, anti-lock brakes and backup cameras.
The new vehicles are taller to make it easier for postal carriers to grab packages and parcels that make up a greater share of volume. They also have improved ergonomics and climate control.
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Sharp reported from Portland, Maine.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/04/28/groups-that-want-electrify-usps-fleet-file-lawsuits/ | 2022-04-28T16:26:40Z |
ROCK SPRINGS -- The Southwest Wyoming Regional Airport along with several local, state and federal partners, will conduct a triennial full-scale emergency response exercise on Saturday, April 30, 2022, at 9 a.m.
This full-scale demonstration requires a simulated emergency, as it would in an actual aircraft disaster, to ensure all personnel having duties and responsibilities are familiar with assignments and are properly trained. During the morning hours, residents may see additional emergency vehicles in the vicinity of the airport and hospital. These aspects add to the realism of the exercise; in turn providing a better training experience for our responders and agencies.
The full-scale exercise is the most comprehensive test and is intended to evaluate the operational capability of the emergency management system in a stress environment with actual mobilization and deployment to demonstrate coordination and response capability. It uses all resources and requires reaction from equipment and personnel that would normally be available if the exercise were an actual emergency. The Federal Aviation Administration and Transportation Security Administration requires a full-scale demonstration of the emergency plan every three years.
The success of this drill is directly tied to the number of volunteers that are available to serve as victims, onlookers, media and friends/family. Those interested in signing up to serve as a volunteers can do so until 5 p.m., on April 28 at https://www.cognitoforms.com/SouthwestWyomingRegionalAirport/RKS2022EmergencyExerciseVolunteerSignup. Those who volunteer should be prepared to arrive at the airport by 7 a.m. so that they can be processed in time for the 9 a.m. drill start.
The drill will be led by Southwest Wyoming Regional Airport in coordination with Sweetwater County Emergency Management, city of Rock Springs Fire and Police Departments, Sweetwater Medics, Sweetwater Combined Communications, Memorial Hospital of Sweetwater County, Aspen Mountain Medical Center, Sweetwater County Coroner and University of Utah AirMed. SkyWest Airlines, American Red Cross, Sweetwater County Board of Health and numerous other agencies will also be participants.
This exercise is not open for the public to watch and ask that members of the public avoid the area during the drill. The airport will remain open for all operations during the exercise. | https://www.wyomingnews.com/rocketminer/rks-to-hold-triennial-disaster-drill/article_2cd42872-9bde-5aa6-a388-fb83baaaa218.html | 2022-04-28T16:26:46Z |
‘Hometown boy done good’ – a South Georgia trailblazer is leading the Pentagon at a turbulent time
Secretary Lloyd Austin, a Georgia native, now leads as the Secretary of Defense.
WASHINGTON (Gray DC) - Secretary Lloyd Austin grew up in Thomasville, Georgia before making his way to West Point. He rose through the ranks while on active duty, becoming a four-star general, and now as a civilian occupies the highest role at the Pentagon as Secretary of Defense. Rep. Sanford Bishop (D-Ga.) is proud to have him in this role.
“Hometown boy done good,” said Bishop.
Bishop is an Army veteran himself. He said having someone like Austin at the helm of U.S. armed forces, once the Commander of U.S. forces in Iraq then Commander of Central Command, gives confidence to the troops.
“It makes the soldier and our troops committed to the fact that they’re willing to follow the Commander in Chief, willing to follow the leaders,” said Bishop.
The Thomasville High School graduate has faced numerous tests during his first year as the civilian leader of the U.S. military. Austin received many questions about the withdrawal from Afghanistan last summer, including how 13 service members lost their lives to a suicide bomb at the Kabul airport.
Now, he faces questions about how much the U.S. military can support Ukraine against Russian aggression. Bishop thinks Austin and the administration are handling it well.
“President Biden and his security team, including Secretary Austin, have done a tremendous job unifying our NATO allies and the world,” said Bishop.
Bishop said he has worked with Austin throughout the years on different causes, including helping families of veterans. Bishop thinks it is in the DNA of his district to serve.
“Our core values: God, country, work, and family. And of course, country is patriotism,” said Bishop.
Bishop notes that Thomasville is rich in U.S. military history. Henry Flipper, the first black graduate of West Point in 1977, is also a native of Thomasville. Last year, Lloyd Austin made history when he became the first black Secretary of Defense.
Copyright 2022 Gray DC. All rights reserved. | https://www.whsv.com/2022/04/28/hometown-boy-done-good-south-georgia-trailblazer-is-leading-pentagon-turbulent-time/ | 2022-04-28T16:26:48Z |
Moderna seeks to be 1st with COVID-19 vaccine for littlest kids
(AP) - Moderna on Thursday asked U.S. regulators to authorize low doses of its COVID-19 vaccine for children younger than 6, a long-awaited move toward potentially opening shots for millions of tots by summer.
Frustrated families are waiting impatiently for a chance to protect the nation’s littlest kids as all around them people shed masks and other public health precautions -- even though highly contagious coronavirus mutants continue to spread. Already about three-quarters of children of all ages show signs they’ve been infected at some point during the pandemic.
Moderna submitted data to the Food and Drug Administration that it hopes will prove two low-dose shots can protect babies, toddlers and preschoolers -- albeit not as effectively during the omicron surge as earlier in the pandemic.
“There is an important unmet medical need here with these youngest kids,” Dr. Paul Burton, Moderna’s chief medical officer, told The Associated Press. Two kid-size shots “will safely protect them. I think it is likely that over time they will need additional doses. But we’re working on that.”
Now, only children ages 5 or older can be vaccinated in the U.S., using rival Pfizer’s vaccine, leaving 18 million younger tots unprotected.
Moderna’s vaccine isn’t the only one in the race. Pfizer is soon expected to announce if three of its even smaller-dose shots work for the littlest kids, months after the disappointing discovery that two doses weren’t quite strong enough.
Whether it’s one company’s shots or both, FDA vaccine chief Dr. Peter Marks said the agency will “move quickly without sacrificing our standards” in deciding if tot-sized doses are safe and effective.
While questions are swirling about what’s taking so long, Marks pointedly told lawmakers earlier this week that the FDA can’t evaluate a product until a manufacturer completes its application. In a statement Thursday, the FDA said it will schedule a meeting to publicly debate Moderna’s evidence with its independent scientific advisers but that the company still must submit some additional data. Moderna expects to do so within weeks.
“It’s critically important that we have the proper evaluation so that parents will have trust in any vaccines that we authorize,” Marks told a Senate committee.
If FDA clears vaccinations for the littlest, next the Centers for Disease Control and Prevention would have to recommend who needs them -- all tots or just those at higher risk from COVID-19.
“It’s very important to get the youngest children vaccinated” but “moving quickly doesn’t mean moving sloppily,” said Dr. Philip Landrigan, a pediatrician and public health expert at Boston College. FDA must “see if it’s safe. They need to see if it’s effective. And they need to do so swiftly. But they won’t cut corners.”
Many parents are desperate for whichever vaccine gets to the scientific finish line first.
“We’ve been kind of left behind as everybody else moves on,” said Meagan Dunphy-Daly, a Duke University marine biologist whose 6-year-old daughter is vaccinated -- but whose 3-year-old and 18-month-old sons are part of Pfizer’s trial.
The family continues to mask and take other precautions until it’s clear if the boys got real vaccine or dummy shots. If it turns out they weren’t protected in the Pfizer study and Moderna’s shots are cleared first, Dunphy-Daly said she’d seek them for her sons.
“I will feel such a sense of relief when I know my boys are vaccinated and that the risk of them getting a serious infection is so low,” she said.
The FDA will face some complex questions.
In a study of kids ages 6 months through 5 years, two Moderna shots — each a quarter of the regular dose — triggered high levels of virus-fighting antibodies, the same amount proven to protect young adults, Burton said. There were no serious side effects, and the shots triggered fewer high fevers than other routine vaccinations.
But the vaccine proved between about 40% and 50% effective at preventing symptomatic COVID-19 during the trial. Burton blamed the omicron variant’s ability to partially evade vaccine immunity, noting that unboosted adults showed similarly less effectiveness against milder omicron infections. While no children became severely ill during the study, he said high antibody levels are a proxy for protection against more serious illness — and the company will test a child booster dose.
“That’s not totally out of the realm of what we would have expected,” said Dr. Bill Muller of Northwestern University, who helped with Moderna’s child studies. “Down the road I would anticipate it’s going to be a three-shot series.”
Another issue: So far in the U.S., Moderna’s vaccine is restricted to adults. Other countries have expanded the shot to kids as young as 6. But while Moderna has filed FDA applications for older kids, too, the FDA hasn’t ruled on them. Months ago the agency cited concern about a rare side effect, heart inflammation, in teen boys, a concern that hasn’t been reported in much younger children.
It’s not clear if FDA will consider Moderna’s vaccine for children of all ages now or focus first on the littlest. But Muller already has had lots of parents ask why shots were being tested in tots before older kids — and says pediatricians and pharmacists must be ready with answers.
Burton said safety data from millions of older children given Moderna vaccinations abroad should help reassure parents.
While COVID-19 generally isn’t as dangerous in youngsters as adults, some do become severely ill or even die. About 475 children younger than 5 have died from COVID-19 since the pandemic’s start, according to the CDC, and child hospitalizations soared at omicron’s peak.
Yet it’s not clear how many parents intend to vaccinate the youngest kids. Less than a third of children ages 5 to 11 have had two vaccinations, and 58% of those ages 12 to 17.
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AP journalist Matthew Perrone contributed to this report.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/04/28/moderna-seeks-be-1st-with-covid-19-vaccine-littlest-kids/ | 2022-04-28T16:26:59Z |
Oklahoma House sends Texas-style abortion ban to governor
OKLAHOMA CITY (AP) — The Oklahoma House gave final approval on Thursday to a Texas-style abortion ban that prohibits the procedure after about six weeks of pregnancy, before many women know they are pregnant.
The bill approved by the GOP-led House on a 68-12 vote without discussion or debate now heads to Republican Gov. Kevin Stitt, who is expected to sign it within days. The assault on abortion rights is one of several culture-war issues conservatives in GOP-led states have embraced, like restricting LGBTQ rights, that drive the party’s base in an election year.
Dubbed the Oklahoma Heartbeat Act, the bill prohibits abortions once cardiac activity can be detected in the fetus, which experts say is roughly six weeks into a pregnancy. A similar bill approved in Texas last year led to a dramatic reduction in the number of abortions performed in that state, sending many women seeking the procedure to Oklahoma and other surrounding states.
Although Stitt already signed a bill earlier this year to make performing an abortion a felony crime in Oklahoma, that measure is not set to take effect until later in the summer and might not withstand a legal challenge.
Because the measure approved Thursday has an “emergency” provision, it takes effect immediately after the governor signs it, and abortion providers say will immediately end most abortions in Oklahoma.
“We are more concerned at this point about these Texas-style bans because they have, at least recently, been able to continue and remain in effect,” said Emily Wales, interim president and CEO at Planned Parenthood Great Plains, which operates two abortion clinics in Oklahoma. “We do intend to challenge those if they’re passed, but because of the emergency clause provisions, there would be at least some period of time when we could not offer care.”
Like Texas, the bill allows private citizens to sue abortion providers or anyone who helps a woman obtain an abortion for up to $10,000, a mechanism that the U.S. Supreme Court has allowed to remain in place. Texas’ new law has led to a huge increase in the number of women from Texas seeking abortions in Oklahoma.
“We’re serving as many Texans as Oklahomans right now, in some cases more Texans than Oklahomans,” Wales said.
Before the Texas ban took effect last year, about 40 women from Texas had abortions performed in Oklahoma each month, according to data from the Oklahoma State Department of Health. That number jumped to 222 Texas women in September and 243 in October, the agency reported.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/04/28/oklahoma-house-sends-texas-style-abortion-ban-governor/ | 2022-04-28T16:27:05Z |
President Biden to speak at Naval Academy graduation
Published: Apr. 28, 2022 at 11:01 AM EDT|Updated: 1 hour ago
ANNAPOLIS, Md. (AP) — President Joe Biden is scheduled to speak at the U.S. Naval Academy’s graduation and commissioning ceremony next month, the academy announced Thursday.
The ceremony for the Class of 2022 is scheduled for May 27 at the Navy-Marine Corps Memorial Stadium in Annapolis, Maryland.
More than 1,000 students will graduate. Most will be commissioned as officers to serve at least five years, either as Navy ensigns or 2nd lieutenants in the Marine Corps.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/04/28/president-biden-speak-naval-academy-graduation/ | 2022-04-28T16:27:14Z |
Road closures announced for Park to Park Half Marathon
WAYNESBORO, Va. (WHSV) - The Park to Park Half Marathon will take place on Saturday, April 30, in Waynesboro and Augusta County.
Because of the large crowd of over 300 participants, the Waynesboro Police Department & the Augusta County Sheriff’s Department will be positioned throughout the 13-mile racecourse to ensure all race participants and vehicle traffic remain safe.
Both departments will be at critical intersections to change traffic patterns, halt incoming traffic & enforcing traffic laws that are meant to keep everyone safe for this event. All motorists are asked to remain patient or to make appropriate driving arrangements to avoid these highly populated areas during the event.
In Augusta County, delays can be expected on the following roads from 7:00 a.m.-8:30 a.m.: Lyndhurst Rd, Shalom Rd, Hall School Rd, Lipscomb Rd, China Clay Rd, Patton Farm Rd, Wayne Ave and Draft Ave.
In Waynesboro, delays can be expected from 8:00 a.m. to 10:00 a.m. on the following roads: Lover’s Ln, Meadowbrook Ave, Lyndhurst Rd, and Ladd Rd.
To download a copy of the course map, click here. This event is sponsored by the Augusta County and Waynesboro Parks and Recreation departments.
For more information, call Augusta County at 540-245-5727 and Waynesboro at 540-942-6735.
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/04/28/road-closures-announced-park-park-half-marathon/ | 2022-04-28T16:27:25Z |
Survivors unite to deliver message on Holocaust remembrance
NEW YORK (AP) — Holocaust survivors across the world have united to deliver a message on the dangers of unchecked hate and the importance of remembrance at a time of rising global antisemitism.
In a video released Thursday to mark Yom HaShoah -- Israel’s Holocaust Remembrance Day -- 100 Holocaust survivors asked people to stand with them and remember the Nazi genocide to avoid repeating the horrors of the past.
The 100 Words project video was released by the New York-based Conference on Jewish Material Claims Against Germany, also referred to as the Claims Conference. The group represents the world’s Jews in negotiating for compensation and restitution for victims of Nazi persecution and their heirs, and provides welfare for Holocaust survivors around the globe.
“The world is full of strife – from the pandemic to the crisis happening in Ukraine – on remembrance days like Yom HaShoah, it is so important to stop and reflect,” Gideon Taylor, president of the Claims Conference, said in a statement.
“The call to action these survivors put forth today is not only one of remembrance, but one of action, a reminder that we do not have to be bystanders. We can all stand up in our own way and we can choose to not let our collective history repeat itself.”
The project is being released as Russia faces widespread revulsion and accusations of war crimes over attacks on civilians in its invasion of Ukraine. It also comes at a time when Holocaust survivors -- now in their 80s and 90s -- are dying, while studies show that younger generations lack even basic knowledge of the Nazi genocide, in which a third of the world’s Jews were annihilated.
“If we do not remember them, we are murdering them twice because we have forgotten them. And we have forgotten the tragic travesty that was visited upon millions of people,” said Ginger Lane, a Holocaust survivor who along with her siblings was hidden in a fruit orchard near Berlin by non-Jews.
“It is important to remember because it is a part of our heritage and our legacy that we pass on to the younger generation,” said Lane, whose mother was killed at the Auschwitz death camp, and who has made it her lifelong mission to educate others.
“Holocaust denial, we know it has always existed, but it seems to be on the upswing and ... a huge number of young people don’t even know what the word Holocaust means … These young people are eager to move forward with their lives. But their lives today are shaped by the past. And they need to know what happened in the past.”
In a 50-state study of Millennials and Generation Z-age people in the U.S. in 2020, researchers found that 63% of respondents did not know that 6 million Jews were killed in the Holocaust and 48% could not name a single death camp or concentration camp.
The 100 Word Project statement by Holocaust survivors says:
“Today is Holocaust Remembrance Day
We all survived the Holocaust
We are here to give voice to the six million Jews who were murdered
We are a reminder unchecked hatred can lead to actions, actions to genocide
Just over 75 years ago, one-third of the world’s Jews were systematically murdered
Among them, over 1.5 million children were killed
in the name of indifference, intolerance, hate
Hatred for what was feared
Hatred for what was different
We must remember the past or it will become our future
On Holocaust Remembrance Day we ask the world to stand with us and remember.”
The annual remembrance known as Yom HaShoah is one of the most solemn on Israel’s calendar, with the nation coming to a standstill during a two-minute siren on Thursday morning. According to the Hebrew calendar, Holocaust Remembrance Day marks the anniversary of the 1943 Warsaw Ghetto uprising — the most significant act of Jewish resistance during the Holocaust. Although the uprising ultimately failed, it is remembered in Israel as a symbol of strength and the struggle for freedom in the face of annihilation.
It means “resilience, tenacity, strength. It’s the hallmark of being a Holocaust survivor, the very concept of surviving, of everyday problems, of fighting until the end,” said Greg Schneider, executive vice president of the Claims Conference.
“And for some people, unfortunately, the end was the gas chamber. For other people the end was the Warsaw ghetto, where a very small group of people who weren’t well-equipped held out for nearly a month,” Schneider said.
“And that’s why it’s such an important day in Israel, and around the world for the Jewish community because it symbolizes the fight of certainly the Jewish people, but of any people facing this type of incredible adversity.”
The Claims Conference is working with its partners, among them the American Jewish Joint Distribution Committee, or JDC, to get as many Holocaust survivors out of Ukraine as possible. Thousands of people have been killed and more than 5 million have fled Ukraine since the Russian invasion began on Feb. 24.
Holocaust survivors from Canada, England, France, Germany, Israel, the United States and Ukraine were part of the video statement.
“Survivors from many different countries and languages who have vastly different persecution experiences -- some were in concentration camps, some were in ghettos, some fled, some were in hiding,” Schneider said.
“And yet they come together to speak in one voice of the hope for the future.”
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Associated Press religion coverage receives support through the AP’s collaboration with The Conversation US, with funding from Lilly Endowment Inc. The AP is solely responsible for this content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/04/28/survivors-unite-deliver-message-holocaust-remembrance/ | 2022-04-28T16:27:31Z |
Twitter, in possibly last quarterly report, sees user growth
LONDON (AP) — Twitter’s quarterly profit, revenue and the number of daily users on its platform are rising but its quarterly report, released days after agreeing to be sold to billionaire Elon Musk, offered scant details about what it expects on the financial front for the rest of the year.
The social media company on Thursday reported net income of $513 million, or 61 cents a share, but that includes a big one-time gain from the sale of its MoPub business, clouding comparisons with the year-ago period.
Revenue, most of it from ads, rose 16% to $1.2 billion in the three months to March compared with the same period last year, though the company said the figure reflected “headwinds associated with the war in Ukraine,” without elaborating.
Twitter reported an average of 229 million daily active users in the quarter, which was about 14 million more than a revised 214.7 million daily users in the previous quarter.
The San Francisco company canceled a conference call with executives and industry analysts that usually accompanies its results, so there will be little further insight into the company’s current financial condition.
“Given the pending acquisition of Twitter by Elon Musk, we will not be providing any forward looking guidance, and are withdrawing all previously provided goals and outlook,” the company said.
Musk, who’s paying $54.20 for each outstanding share of Twitter, did not speak publicly on the quarterly report, perhaps among its last as a publicly traded entity.
Shares have yet to reach that buyout price, and on Thursday, the company’s stock edged slightly lower to $48.36.
Musk’s $44 billion deal to buy Twitter was announced earlier this week and is expected to close sometime this year. But before the deal is completed, shareholders will have to weigh in, as well as regulators in the U.S. and in countries where Twitter does business. So far though, few hurdles are expected, despite objections from some of Twitter’s own employees, along with users who worry about Musk’s stance on free speech and what it might mean for harassment and hate speech on the platform.
Angelo Zino, tech analyst at CFRA, said the results, combined with a slew of challenges facing the digital ad industry, should solidify the board’s decision to approve Musk’s offer.
“We see little reason to believe Twitter could extract greater shareholder value remaining public,” he said in a research note.
Musk, who also runs the electric car company Tesla, as well as SpaceX and other ventures, says he plans to take Twitter private. If he does, the company will no longer be beholden to shareholders or publicly report its financial results, which have been mixed at best since the company went public in 2013.
Twitter has struggled to consistently post profits as a public company while generating lackluster revenue growth compared to the two dominant forces in digital advertising, Google and Facebook.
On one hand, going private could give Twitter more room to experiment while focusing less on short-term profit and its stock price. On the other hand, even the world’s richest man is likely to want the company to make money.
“I think there is nothing better for Twitter than Elon Musk buying it and ideally replacing the board, and also doubling down on investments into products and new revenue-generating sources,” John Meyer, a technology entrepreneur and investor, told The Associated Press earlier this week.
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Barbara Ortutay reported from Oakland, California.
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See all of AP’s tech coverage at https://apnews.com/hub/technology
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/04/28/twitter-reporting-earnings-heels-elon-musk-buyout-deal/ | 2022-04-28T16:27:37Z |
US economy shrank by 1.4% in Q1 but consumers kept spending
WASHINGTON (AP) — The U.S. economy shrank last quarter for the first time since the pandemic recession struck two years ago, contracting at a 1.4% annual rate, but consumers and businesses kept spending in a sign of economic durability.
The economy’s overall decline in the January-March quarter does not mean a recession is likely in the coming months. Most economists expect a rebound this quarter as solid hiring and wage gains sustain growth.
Instead, the steady spending by households and companies suggests that the economy will likely keep expanding this year even though the Federal Reserve plans to raise rates aggressively to fight the inflation surge. The first quarter was hampered mainly by a slower restocking of goods in stores and warehouses and by a sharp drop in exports.
“The report isn’t as worrisome as it looks,” said Lydia Boussour, lead U.S. economist at Oxford Economics. “The details point to an economy with solid underlying strength that demonstrated resilience in the face of Omicron, lingering supply constraints and high inflation.”
The Commerce Department’s estimate Thursday of the first quarter’s gross domestic product — the nation’s total output of goods and services — fell far below the 6.9% annual growth in the fourth quarter of 2021. And for 2021 as a whole, the economy grew 5.7%, the highest calendar-year expansion since 1984.
In addition to a drop in business inventories and a widening trade deficit, the first quarter’s weak showing also reflected a slowdown from last year’s robust rebound from the pandemic, which was fueled in part by vast government aid and ultra-low interest rates. With stimulus checks and other government supports having ended, consumer spending has slowed from its blistering pace in the first half of last year.
The economy is in an unusual position. Unemployment is near a 50-year low, and wages are rising at a healthy pace. Yet serious threats have emerged from widespread disruptions overseas and rampant inflation, which is eroding consumers’ spending power. Last month, prices jumped 8.5% from a year earlier, the fastest such rise in four decades.
Last quarter’s negative GDP number also undercuts a key political message of President Joe Biden. The president has pointed to rapid growth and strong hiring as a healthy counterpoint to soaring inflation, which is highly unpopular with voters and small businesses.
Compounding Biden’s political difficulties, Russia’s invasion of Ukraine and rising COVID cases overseas are weighing on the economy and heightening inflation pressures. Many companies are also still struggling to obtain the parts and supplies they need from tangled supply chains.
Imports surged in the first quarter, a sign that some of the supply snarls have eased. But ongoing lockdowns in China, including at its largest port, Shanghai, are likely to perpetuate shortages this year. Ford and General Motors have both said this week that they still can’t obtain all the semiconductor chips they need to build vehicles, costing them sales and forcing temporary plant closures.
A broader global slowdown is also expected this year, according to estimates last week by the International Monetary Fund. The 190-nation lending organization now foresees the disruptions of the Ukraine war and COVID slowing global growth to 3.6% this year from 6.1% last year.
Still, the U.S. job market — the most important pillar of the economy — remains robust. The number of people receiving unemployment benefits, a proxy for layoffs, fell to the lowest level since 1970. And in the January-March quarter, businesses and consumers increased their spending at a 3.7% annual rate after adjusting for inflation.
Economists consider that trend a better gauge than overall GDP of the economy’s underlying strength. Most analysts expect the steady pace of spending to sustain the economy’s growth, though the outlook remains highly uncertain.
Last quarter’s slowdown followed vigorous growth in the final quarter of 2021, driven by a surge in inventories as companies restocked in anticipation of holiday season spending.
Imports surged nearly 20% in the January-March quarter as businesses and consumers bought more goods from abroad while U.S. exports fell nearly 6%. That disparity widened the trade deficit and subtracted 3.2 percentage points from the quarter’s growth.
The weakness of the economy’s overall growth rate contrasts with the vitality of the job market. At 3.6%, the unemployment rate is nearly back to the half-century low it reached just before the pandemic. Layoffs have reached historically low levels as employers, plagued by labor shortages, have held tightly onto their workers.
Wages are rising steadily as companies compete to attract and retain workers, a trend that has helped maintain consumers’ ability to spend. At the same time, though, that spending has helped fuel inflation, which reached 8.5% in March compared with 12 months earlier.
Fed Chair Jerome Powell has signaled a rapid series of rate increases to combat higher prices. The Fed is set to raise its key short-term rate by a half-percentage point next week, the first hike that large since 2000. At least two more half-point increases – twice the more typical quarter-point hike -- are expected at subsequent Fed meetings. They would amount to one of the fastest series of Fed rate hikes in decades.
Powell is betting that with job openings at near-record levels, consumer spending healthy and unemployment unusually low, the Fed can slow the economy enough to tame inflation without causing a recession. Yet most economists are skeptical that the Fed can achieve that goal with inflation as high as it is.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/04/28/us-economy-shrank-by-14-q1-consumers-kept-spending/ | 2022-04-28T16:27:44Z |
- Integra pricing to start at $30,800 (MSRP3)
- All 2023 Acura models come with complimentary new Acura Maintenance Program1 offering select factory-scheduled service
TORRANCE, Calif., April 28, 2022 /PRNewswire/ -- The all-new 2023 Integra will mark the return of an iconic nameplate to the Acura lineup when it begins arriving at dealerships in early June at a starting price of $30,800. A premium, turbocharged 5-door liftback designed for a new generation of enthusiast drivers, the Integra A-Spec® with Technology Package, and the segment's only 6-speed manual transmission, will have an MSRP of $35,800.
Adding peace of mind and lower cost of ownership for all 2023 model Acura customers is the new Acura Maintenance Program1 which covers select factory-scheduled maintenance, as indicated by the vehicle's Maintenance Minder system, performed at a participating Acura dealership for the first two years or 24,000 miles2, whichever comes first. The complimentary program includes standard oil and filter changes, tire rotations and multi-point inspections and is also fully transferrable to subsequent owners while active.
Adding still more peace of mind, the 2023 Acura Integra comes standard with three years of AcuraLink™ services at no extra cost. More information about AcuraLink™ is available here.
Key Integra Features:
- Premium 5-door liftback with exclusive design touches, including a frameless Diamond Pentagon grille with a new diamond pattern, and Integra logo embossed in the front and rear fascias
- First-ever factory turbocharged Integra features 1.5-liter VTEC® turbo engine producing 200 hp (SAE net at 6,000 rpm) and 192 lb.-ft. of torque (SAE net at 1,800-5,000 rpm)
- Segment-exclusive 6-speed manual transmission delivers crisp gear changes for a thrilling driving experience (offered with A-Spec® with Technology Package)
- Sport-tuned suspension makes Integra fun-to-drive, available Adaptive Damper System gives driver precise control of damper settings (A-Spec® with Technology Package)
- Integrated Dynamics System includes Sport, Comfort, Normal driving modes, with available customizable Individual mode (A-Spec® with Technology Package)
- Sporty and personal cabin features a driver-focused cockpit design, premium materials and precise detailing and a large greenhouse for exceptional outward visibility
- The only liftback in its segment, Integra has class-leading rear seat legroom and cargo volume
- Standard 10.2-inch all-digital Acura Precision Cockpit™ instrument cluster and available head-up display with user-selectable content (A-Spec® with Technology Package)
- Available 9-inch touchscreen with wireless Apple CarPlay® and Android Auto™ integration, Qi-compatible wireless charging, and 16-speaker ELS STUDIO 3D® audio (A-Spec® with Technology Package)
- Standard advanced safety features include driver and passenger airbags designed to control head rotation in a crash, rear seat airbags and a new single-camera AcuraWatch® system with enhanced Traffic Jam Assist (TJA) and Traffic Sign Recognition (TSR)
Additional details on the 2023 Acura Integra can be found, here.
2023 Integra Pricing
About Acura
Acura is a leading automotive nameplate that delivers Precision Crafted Performance – a commitment to expressive styling, high-performance and innovative engineering, all built on a foundation of quality and reliability. The Acura lineup currently features five distinctive models – the all-new Integra sport compact, TLX sport sedan, the RDX and MDX sport-utility vehicles, and the electrified NSX supercar, along with high-performance Type S variants. All Acura vehicles sold in America are made in the U.S., using domestic and globally sourced parts.
1 Acura Maintenance Program covers certain factory scheduled maintenance on select eligible vehicles for two years or 24,000 miles, whichever comes first. Certain models may require different maintenance schedules as recommended by the vehicle's Maintenance Minder system and described in the vehicles' Owner's Manuals. See an Acura Dealer for vehicle eligibility, coverage details, and exclusions. Valid only in the United States of America.
2 The program is 2 years/24,000 miles unless terminated early – see programs terms regarding eligibility.
3 Manufacturer's Suggested Retail Price (MSRP) excluding tax, license, registration, destination charge, premium paints and accessories. Dealer prices may vary.
4 MSRP plus $1,095 destination charge, excluding tax, license, registration, premium paints and accessories. Dealer prices may vary.
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SOURCE Acura | https://www.whsv.com/prnewswire/2022/04/28/2023-acura-integra-set-early-june-arrival-pricing-announced/ | 2022-04-28T16:27:50Z |
CAIRO, April 28, 2022 /PRNewswire/ -- World-renowned architect Adrian Smith along with his partners Gordon Gill and Robert Forest, representing their international design firm, Adrian Smith + Gordon Gill Architecture (AS+GG Architecture), will design their first project in Egypt's New Administrative Capital (NAC) together with their partner, Magnom Properties, the newly established real estate arm of the Saudi Rawabi Holding.
This was announced following a meeting of Adrian Smith with Dr Mostafa Madbouly the Prime Minister of Egypt and top Egyptian officials. He also toured various developments including the NAC, which is set to be the new administrative and financial capital of the country.
AS+GG Architecture is exploring the possibility of working on additional projects in the country including the design of an upcoming project at NAC.
Adrian Smith feted the scale of construction and achievements at NAC, adding that Egypt has captivated the world with its forward-thinking approach and extensive knowledge, which has left a strong impression on people across the world.
He said, "We are looking forward to our partnership with Magnom Properties to develop yet another architectural marvel at NAC. The new mega projects at NAC will play a major role in shaping the future of the Capital to be more people-centric by adopting the highest standards of sustainability, underlining the need to achieve carbon neutrality as a strategic priority."
As part of the tour, the team visited the site of the Iconic Tower, a skyscraper anchoring the Capital, set to be the tallest building in Africa when completed.
Over the last few years, Egypt has designed and developed an urban Capital that serves the needs of the community. The development features residential neighbourhoods to educational and religious institutions and medical facilities, in addition to having the largest park in the world.
The urban designs are unique in their modern outlook maintaining the rich cultural heritage of Egypt at the same time. The New Administrative Capital provides all the necessary services, hence offering a model for future cities.
Today, architects such as AS+GG Architects, are more invested in the human-centric experience, and design concepts take into consideration the relationship between structures and people's needs. This will reflect in the new design by the company.
Photo - https://mma.prnewswire.com/media/1807203/Magnom_Properties_1.jpg
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SOURCE Magnom Properties | https://www.whsv.com/prnewswire/2022/04/28/adrian-smith-gordon-gill-architecture-design-first-project-egypts-new-administrative-capital/ | 2022-04-28T16:27:56Z |
BAYPORT, Minn., April 28, 2022 /PRNewswire/ -- Andersen Corporation, manufacturer of America's most loved brand of windows and doors*, has been named a Forbes Best Employer for Diversity 2022, for the second year in a row. Honorees were chosen based on an independent survey by Statista Inc. Respondents were asked questions regarding the topics of age, gender equality, ethnicity, disability, LGBTQA+ and general diversity concerning their employer.
"We are deeply committed to being an inclusive and diverse workplace where all employees feel respected, valued and driven to reach their full potential," said Tracey Gibson, vice president and chief diversity officer at Andersen. "We are proud to be recognized for the work we have accomplished and we will continue to make meaningful changes to support our current and future employees, better understand our customers, grow our business and improve the communities where we live and work."
Last year, Andersen participated in the 2021 Human Rights Campaign Foundation's Corporate Equality Index (CEI) for the first time, measuring corporate policies and practices related to LGBTQ workplace equality. In 2022, Andersen earned a top score of 100 percent on the Human Rights Campaign Foundation's 2022 Corporate Equality Index (CEI).
Furthering its inclusive and equitable workplace policies, in 2021, Andersen expanded benefits eligibility to same- and different-gender domestic partners and their children. Additionally, the company updated its parental leave to include added flexibility — offering employees the ability to take their paid parental leave in one-week increments versus requiring employees to use it all at once.
"Andersen was founded almost 120 years ago on the philosophy that every employee contributes to our success — that we are stronger when we work 'all together' toward a shared mission. As we continue on our journey be a company everyone loves, we are honored by the Forbes recognition and remain dedicated to this important work that makes Andersen a special place to work for all," said Chris Galvin, Andersen president and chief operating officer.
Andersen continues to build organizational capabilities to advance diversity, equity and inclusion goals through employee education, workplace policies and practices and community engagement. Recent initiatives include:
- 67 employees participated in a program to earn the designation of a Certified Diversity Executive, helping to champion diversity, equity and inclusion into day-to-day operations.
- 11 senior leaders completed a six-month transformational program sponsored by the W.K. Kellogg Foundation on expanding equity.
- 38 employees of color participated in a seven-month development opportunity called Power of Choice, a program designed to accelerate talent and enhance retention of underrepresented talent.
- 48 employees participated in "English @ Work," onsite English language classes, available to Andersen employees at no cost, specifically designed to help an employee navigate the language of the business, support employees to build foundational skills that add value to their daily work and prepare them for future career paths and opportunities within Andersen.
- Creation of 10 employee resource networks that encourage personal and professional development, promote diversity and drive company and individual growth.
- Launching in 2022, Andersen will provide and cover the costs of a new GED Program which offers an advisor to all participants, including the option of a Spanish bilingual advisor.
View the full list of Forbes Best Employer for Diversity 2022 award-winners.
ABOUT ANDERSEN WINDOWS & DOORS
Andersen was founded in 1903 on the philosophy of working "all together" to deliver on its promise to its customers. Every day, the company's more than 12,000 employees are empowered to imagine what's possible and do what's right. Andersen delivers products for the way people live, unmatched performance for the comfort and security homeowners desire, and endless design options to achieve any style.
Headquartered in Bayport, Minn., Andersen Corporation and its subsidiaries manufacture and market window and door products under the Andersen®, Renewal by Andersen®, EMCO® and MQ™ brands. Andersen, a privately held company, operates manufacturing sites across North America and Europe. Andersen has earned the U.S. Environmental Protection Agency's 2021 ENERGY STAR® Partner of the Year – Sustained Excellence Award. Visit us at andersenwindows.com.
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SOURCE Andersen Corporation | https://www.whsv.com/prnewswire/2022/04/28/andersen-named-one-americas-best-employers-diversity-second-consecutive-year-by-forbes/ | 2022-04-28T16:28:02Z |
NAPLES, Fla., April 28, 2022 /PRNewswire/ -- Titans of American Business, today launched the International Order of T. Roosevelt in order to preserve Nature's precious resources through conservation, education, and stewardship in order that future generations may enjoy what the past has entrusted to our generations' care.
The vision of this 501(c)3 is to follow the United States' heritage and use ingenuity to ensure a sustainable future for the world's most precious wildlife and their habitats.
The Foundation has selected Aurelia Skipwith Giacometto as its new CEO. As the 22nd Director of the U.S. Fish and Wildlife Service, she led the agency of 8,500 employees and managed over 850-million land and water acres for the benefit of the American people. As a sportswoman, lawyer and a biologist, she has the experience and expertise to lead The Order and deliver sustainable solutions to the most pressing wildlife and habitat challenges.
The Foundation is following in the footsteps of President Teddy Roosevelt who in 1903, established the first national wildlife refuge at Pelican Island to protect pelicans, egrets, and ibises. Known as the father of America's Conservation Movement, President Roosevelt used his authority to preserve our nation's land resources by creating the National Park System and the Forest Service.
Directors of The Order are committed to continuing President Roosevelt's legacy by contributing their wherewithal to the protection of vulnerable wildlife species and their habitats and to the education of youth and adults on practices designed to promote long-term sustainability. Through the exercise of all rights under the U.S. Constitution, and in partnership with organizations that share their values and priorities, the foundation will make a significant, positive environmental impact for generations to come.
"I am humbled and excited to be leading this organization that will revolutionize the path toward positively impacting our most precious resources – fish, wildlife, and their habitats," Giacometto commented. "Our success hinges on creating sustainable models aimed at preserving these species and their environmental surroundings. It's an honor to be working with this Board of successful business-minded individuals, who understand that ingenuity is the key to making a true and lasting difference, and that the most important element of environmental stewardship is when all people play a role."
The Board of Directors include Wesley Bates, John Thodos, Lori Clem, Walter Boomer, Mike Ingram, Patrick Hogan, Bill Shields, Rick Steiner, Warren Sackman, Alan Sackman, Jim Mitchell, Randall Garrett, Dan Genter and Peter Larsen.
"I am excited about the founding of the International Order of T. Roosevelt and to have Aurelia S. Giacometto at the helm," said President of The Order, Wesley Bates. "We will accept the challenges to bring back species on the brink of extinction, to educate youth about their heritage and the importance of ensuring that our wildlife and their habitats persist into the future, and we will work across other conservation organizations to strengthen the investment in our wildlife."
The Order is continuing the tradition of hosting an annual convention, formerly known as the Shikar Safari Club International Foundation's Fundraiser, to raise awareness and support for major preservation projects.
The inaugural Annual Fundraiser will be held April 27 - 29th, 2023, more details to follow at our website: www.T-Roosevelt.org
For Press Inquiries Contact:
Aurelia S. Giacometto CEO, The International Order of T. Roosevelt, Aurelia@T-Roosevelt.org
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SOURCE International Order of T. Roosevelt | https://www.whsv.com/prnewswire/2022/04/28/announcement-new-conservation-organization-international-order-t-roosevelt/ | 2022-04-28T16:28:14Z |
Winners represent an industry with more than 10 million professionals globally
INDIANAPOLIS, April 28, 2022 /PRNewswire/ -- Organizers at AOTMP® (www.aotmp.com) have announced the annual award winners for ten prestigious awards. The 2022 AOTMP® Industry Business Awards recognize individuals and organizations for innovation and excellence across the telecom, mobility, and technology management ecosystem. Winners were announced on April 27th at AOTMP® Engage, an annual 4-day event held in Orlando, Florida.
Individual award winners are as follows:
- Technology Professional Woman of the Year – Tiffany Galarza, ADT
- Transformation Leader of the Year – Erika Walk, Waste Management
- Telecom Management Professional of the Year – Dawn LaRosa, TravelCenters of America
- Mobility Management Professional of the Year – Jeff Martin, Sysco
- IT Management Professional of the Year – Azunna Anyanwu, Aronson
- Financial Impact – David Ernst, The Clorox Company
- Rising Star – Devin Taylor, Abt Electronics
Team award winners are as follows:
- Operational Excellence – Jones Lang LaSalle
- Financial Excellence – GardaWorld Security Services
- Business Impact – Power Design
Timothy C. Colwell, AOTMP® Executive Vice President, says, 'The personal and team achievements of this year's AOTMP® Industry Business Award winners illustrate unparalleled commitment to excellence across a variety of critical telecom, mobility, and IT management practices. Innovation and dedication to delivering measurable value are common characteristics exhibited by each of the winners.'
Visit the AOTMP Engage 2022 event site for more information on the awards, award winners and other event details.
About AOTMP® Engage
The annual flagship conference for the telecom, mobility & IT management industry is now in its 16th year. With four full days of roundtables, speakers and educational sessions, AOTMP® Engage is the place where industry professionals come together to share success stories with peers, learn from industry experts, and review the latest telecom, mobility & IT management trends. This event is capped off with the annual AOTMP® industry awards presentation for business operations individuals and teams.
About AOTMP®
AOTMP® is a global organization, empowering professionals in the dynamic $4+ trillion telecom, mobility and IT management industry. AOTMP® delivers value through training, certifications, association memberships, events & programs, best practices, publications, resources, and professional development.
Learn more at www.aotmp.com
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SOURCE AOTMP | https://www.whsv.com/prnewswire/2022/04/28/aotmp-announces-telecom-mobility-it-management-industry-business-award-winners/ | 2022-04-28T16:28:20Z |
SAN JOSE, Costa Rica, April 28, 2022 /PRNewswire/ -- Banco Nacional de Costa Rica (the "Bank"), an autonomous state-owned financial institution organized under the laws of the Republic of Costa Rica, an entity part of the Banco Nacional Financial Conglomerate, announced today that it has commenced a partial cash tender offer (the "Offer") for up to US$200 million in aggregate purchase price of its 6.250% Senior Notes due 2023 (144A CUSIP / ISIN Nos. 059613AB5 / US059613AB51 and Reg S P14623AB1 / USP14623AB16) (the "Notes").
Offer
The Offer is scheduled to expire at 11:59 p.m., New York City time, on May 25, 2022, unless extended or earlier terminated (such time, as may be extended, the "Expiration Time"). Holders who validly tender their Notes at or prior to 5:00 p.m., New York City time, on May 11, 2022, (the "Early Tender Time") will be eligible to receive US$1,047.50 for each US$1,000 principal amount of Notes, plus accrued interest. Holders who validly tender their Notes after the Early Tender Time but at or prior to the Expiration Time will be eligible to receive US$1,017.50 for each US$1,000 principal amount of Notes, plus accrued interest.
Completion of the Offer is subject to customary conditions. Initial settlement of the Notes that have been validly tendered at or prior to the Early Tender Time (and accepted for payment) is expected to occur, if the Bank elects to do so, on the second business day following the Early Tender Time, unless the Offer is terminated prior to such date. Final settlement of any Notes that have been validly tendered after the Early Tender Time but at or prior to the Expiration Time (and accepted for payment), subject to the Maximum Tender Amount (as defined herein), is expected to occur on the second business day following the Expiration Time, unless the Offer is terminated prior to such date. Tendered Notes may be withdrawn at any time at or prior to the Early Tender Time.
The amount of Notes that may be purchased in the Offer is subject to a maximum purchase price of US$200 million (the "Maximum Tender Amount"). Tendered Notes may be subject to proration if the aggregate purchase price of Notes validly tendered and not validly withdrawn in the Offer exceeds the Maximum Tender Amount, subject to disclosure and other requirements under applicable law. The Bank reserves the right to increase or decrease the Maximum Tender Amount. All Notes tendered at or prior to the Early Tender Time will have priority over Notes tendered after the Early Tender Time.
The Bank reserves the absolute right to amend or terminate the Offer in its sole discretion, subject to disclosure and other requirements as required by applicable law. In the event of termination of the Offer, Notes tendered and not accepted for purchase pursuant to the Offer will be promptly returned to the tendering holders. The complete terms and conditions of the Offer are described in the Offer to Purchase, dated the date hereof, a copy of which may be obtained from D.F. King & Co., Inc., the tender agent and information agent (the "Tender and Information Agent") for the Offer, at www.dfking.com/bncr, bncr@dfking.com, by telephone at (866) 620-2536 (U.S. toll free) and (212) 269-5550 (collect), in writing at 48 Wall Street, 22nd Floor New York, New York 10005, Attention: Michael Horthman.
The Bank has engaged Citigroup and J.P. Morgan Securities LLC to act as the dealer managers (the "Dealer Managers") in connection with the Offer. Questions regarding the terms of the Offer may be directed to Citigroup by telephone at + 1 (800) 558-3745 (U.S. toll free) or + 1 (212) 723-6106 (collect) and J.P. Morgan Securities LLC by telephone at +1 (866) 846-2874 (U.S. toll free) or +1 (212) 834-7279 (collect).
Disclaimer
None of the Bank, the Dealer Managers, the Tender and Information Agent or the trustee for the Notes, or any of their respective affiliates, is making any recommendation as to whether holders should or should not tender any Notes in response to the Offer or expressing any opinion as to whether the terms of the Offer are fair to any holder. Holders must make their own decision as to whether to tender any of their Notes and, if so, the purchase price of Notes to tender. Please refer to the Offer to Purchase for a description of the offer terms, conditions, disclaimers and other information applicable to the Offer.
This press release is for informational purposes only and does not constitute an offer to purchase or the solicitation of an offer to sell any securities. The Offer is being made solely by means of the Offer to Purchase. The Offer is not being made to holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In those jurisdictions where the securities, blue sky or other laws require any tender offer to be made by a licensed broker or dealer, the Offer will be deemed to be made on behalf of the Bank by the Dealer Managers or one or more registered brokers or dealers licensed under the laws of such jurisdiction.
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the United States Securities Exchange Act of 1934, as amended, including those related to the Offer. Forward-looking information involves important risks and uncertainties that could significantly affect anticipated results in the future, and, accordingly, such results may differ from those expressed in any forward-looking statements. The Bank is not under any obligation to (and expressly disclaims any such obligation to) update forward-looking statements as a result of new information, future events or otherwise, except as required by law.
Investor Relations
vromanc@bncr.fi.cr
https://www.bncr.fi.cr/SitePages/Inicio.aspx
+(506) 2212-2000
About Banco Nacional de Costa Rica.
Banco Nacional de Costa Rica, is an autonomous government-owned institution organized and existing as a state owned commercial bank under the laws of the Republic of Costa Rica. Banco Nacional de Costa Rica is an entity part of the Banco Nacional Financial Conglomerate.
Important Notice
The distribution of materials relating to the Offer and the transactions contemplated by the Offer may be restricted by law in certain jurisdictions. The Offer is void in all jurisdictions where it is prohibited. If materials relating to the Offer come into a holder's possession, the holder is required by the Bank to inform itself of and to observe all of these restrictions. The materials relating to Offer, including this communication, do not constitute, and may not be used in connection with, an offer or solicitation in any place where offers or solicitations are not permitted by law. If a jurisdiction requires that the Offer be made by a licensed broker or dealer and a Dealer Manager or any affiliate of a Dealer Manager is a licensed broker or dealer in that jurisdiction, the Offer, as the case may be, shall be deemed to be made by the Dealer Manager or such affiliate on behalf of the Bank in that jurisdiction. Owners who may lawfully participate in the Offer in accordance with the terms thereof are referred to as "holders."
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities in any state or other jurisdiction in which such offer or solicitation would be unlawful.
This press release constitutes a public disclosure of inside information by Banco Nacional de Costa Rica under Regulation (EU) 596/2014 (16 April 2014) and as the same applies under the law of the United Kingdom.
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SOURCE Banco Nacional de Costa Rica | https://www.whsv.com/prnewswire/2022/04/28/banco-nacional-de-costa-rica-commences-partial-tender-offer-2023-notes/ | 2022-04-28T16:28:29Z |
Mason Investment Advisory Services, Inc., rises nine spots on this year's Barron's list of top institutional teams.
RESTON, Va., April 28, 2022 /PRNewswire/ -- Mason Investment Advisory Services, Inc., a Reston, VA based registered investment advisory firm, is pleased to announce their inclusion on Barron's Top 100 Institutional Consulting Teams list. Scott George, Mason's President and Chief Investment Officer leads their team of institutional consultants who were listed among the top 15 on Barron's annual survey. For more information about Mason, please visit: https://masoncompanies.com/
"We are proud to be recognized in the top 15 of institutional consultant teams by Barron's. Mason's support staff, operations department, research team, and our institutional client advisors all contribute to the delivery of our service focused approach that has allowed us to implement our independent investment philosophy," said Scott George, Chief Investment Officer. Mr. George also noted that "as our business and staff continue to expand, we believe that by developing a talented and diverse team, we will continue to build upon our success with meaningful client engagement."
Mason's institutional practice includes foundations, endowments, retirement plans and other institutional portfolios. Mason's services for institutions are offered on a discretionary (outsourced chief investment officer/OCIO) and on a non-discretionary basis. For more information about Mason's institutional team, please visit: https://masoncompanies.com/services/institutions/
"We believe that recognition from Barron's, CNBC, and others is due in part to our clients' belief in our unique and independent approach to consulting and the strength of our team." said Will Thorpe, Chief Marketing and Development Officer. Thorpe's primary role at Mason is to lead the growth of their institutional practice.
Founded in 1982, Mason works with private individuals, families, and institutions (foundations, endowments, corporate funds, and retirement plans) in more than 40 states, is independently held and does not create any proprietary products. Mason has over $10.5 billion in assets under management. Mason is an investment advisor registered with the SEC. Please note that SEC registration does not constitute an endorsement of the firm by the Commissioner nor does it indicate that the firm's advisors have attained a particular level of skill or ability.
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SOURCE Mason Investment Advisory Services, Inc. | https://www.whsv.com/prnewswire/2022/04/28/barrons-lists-mason-13-their-2022-top-100-institutional-consulting-teams-list/ | 2022-04-28T16:28:38Z |
BetaBank aims to remove human bias from deposit and lending services with support from Google Cloud and Deloitte
CHICAGO, April 28, 2022 /PRNewswire/ -- Today, Beta Financial Services, Inc. submitted an application with the Federal Deposit Insurance Corporation (FDIC) to organize BetaBank, a digitally native bank built for small-to-medium sized businesses (SMBs) with a mission to provide fair, accessible, and cost-effective deposit and lending services. BetaBank will be built entirely on Google Cloud with Deloitte and others supporting the creation of the bank and its products to help small business owners meet their financial needs more quickly and with fewer hurdles than traditional banks.
Small businesses comprise more than 99% of all U.S. employers and employ 58.9 million citizens,1 yet more than half of small business owners do not have their financial needs met by current financial institutions.2 A disproportionate majority of those refused capital are historically underrepresented and underserved groups. Sixty six percent of BIPOC (Black, Indigenous or person of color) business owners receive at least a percentage of the requested funding from banks, as compared to 80% of white business owners.3 In addition, minority business owners who are approved for financing pay on average 7.8% in interest, as compared with 6.4% for non-minority firms.4
SMB lending is one of the least automated parts of the U.S. banking system. Nearly all current banks rely on manual underwriting for SMB loans, which involves commercial bankers making personal judgments about SMB borrowers.
"As a child, I watched my father repeatedly let down by our financial system," said Seke Ballard, CEO of Beta Financial Services and Founder of BetaBank. "He was a successful business owner in North Carolina, but when he needed capital to expand his business to nearby states, he was denied 13 times. Small business owners deserve a better way to bank. BetaBank is committed to building a digital bank that provides small business owners an unbiased and efficient way to access the flexible capital their businesses need to thrive."
Ballard created a proprietary algorithm that uses cloud-based artificial intelligence (AI) to weigh risk, calculate qualification, and determine the likelihood of default on a loan with significantly more accuracy and speed, and at a lower cost, than traditional banks. This helps lower the barrier for a broader range of small businesses to access the capital they need to scale and grow.
BetaBank will operate entirely on cloud technologies, making it one of the first digital banks in the U.S. to be built on Google Cloud from the ground up. Beta Financial Services selected Google Cloud as the cloud infrastructure on which to build, run, and manage BetaBank. Google Cloud provides a scalable, secure, and sustainable infrastructure to help grow BetaBank's business and support its networks, while enabling regulatory compliance, fraud prevention, and overall security.
"We are proud to work with BetaBank to build a digitally native bank whose mission of financial inclusion aligns closely with Google Cloud's goals of creating equitable products that drive better outcomes for everyone," said Janet Kennedy, vice president, North America, Google Cloud. "Combining Google Cloud's cutting-edge infrastructure with BetaBank's powerful vision and lending algorithm will help enable the bank to provide its customers with access to the services they need in a safe and secure environment."
"BetaBank has the opportunity to push the industry to catch up with society's demand for representation as shared values become the influencing factor in selecting products and services, and we at Deloitte are proud to support their mission to deliver digital banking to historically underserved small business segments," said Nick Cowell, Affinity Banking lead, Deloitte Consulting LLP.
Deloitte worked closely with Ballard and his team of engineers to design the technological infrastructure to meet the demands of a digitally native bank. Deloitte also supported the design of BetaBank's digital customer interface, allowing for accessible and comprehensive banking services at significant cost savings to both BetaBank and its customers. When BetaBank opens for business, Deloitte will continue to provide a full suite of managed services to support BetaBank's operations.
BetaBank is currently in formation and scheduled to open to customers in early 2023. To sign up to join the waitlist and receive updates about BetaBank's launch, visit betabank.com.
About Beta Financial Services
Beta Financial Services is the holding company of BetaBank, currently in formation. BetaBank is one of the first digital banks in the United States to be built entirely on Google Cloud from the ground up. Born from founder and CEO Seke Ballard's belief that when small businesses succeed, everyone succeeds, BetaBank's mission is to offer small business owners the opportunity to thrive through a bank that's easy to access and equitable to its core.
Sources:
- Small Business Administration Office of Advocacy "Frequently Asked Questions"
- Fundera by NerdWallet "Small Business Lending Statistics and Trends (2021)"
- NerdWallet "Racial Funding Gap Shows Black Business Owners Are Shut Out From Accessing Capital"
- NerdWallet "Racial Funding Gap Shows Black Business Owners Are Shut Out From Accessing Capital"
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SOURCE BetaBank | https://www.whsv.com/prnewswire/2022/04/28/betabank-submits-fdic-application-digital-bank-focused-equitable-smb-lending/ | 2022-04-28T16:28:44Z |
SAN FRANCISCO, April 28, 2022 /PRNewswire/ -- Bluedot, the customer arrival platform that empowers top brands to provide real-time interactions and pickup solutions, has been honored as a Silver Stevie® Winner in the Most Innovative Tech Company of the Year - Up to 100 Employees category in the 20th Annual American Business Awards®.
The American Business Awards are the U.S.A.'s premier business awards program. All organizations operating in the U.S.A. were eligible to submit nominations – public and private, for-profit and non-profit, large and small. Bluedot was selected from more than 3,700 nominations.
"We're honored to be named a Stevie winner and among the most innovative tech companies in the U.S. It's another reflection of how our tech is impacting the customer experience for something that is as simple as a mobile order pickup," said Emil Davityan, Bluedot co-founder and CEO. "Having the ability to protect a person's precious time and making the handoff to the customer as smooth as possible is now table stakes. Industries are going through rapid digital transformation, especially post-pandemic. We're helping businesses connect the dots between online and offline – whether that's at a mobile pickup location in a store, at the drive-thru, or the moment a customer pulls into a curbside space. We're really proud to be recognized for the exceptional growth, innovation, and success the company has achieved over the last year."
Details about The American Business Awards and the list of 2022 Stevie winners are available at www.StevieAwards.com/ABA.
About Bluedot
Bluedot is a customer arrival platform that empowers brands to provide real-time interactions and pickup solutions. The company's hyper-accurate location technology identifies exactly when and where a user arrives whether that's entering a store, pulling into a curbside pickup space, or at a parking lot. Bluedot enables brands to provide timely messaging, proximity offers, automated loyalty identification, frictionless curbside pickups, gamification, and more. Easy to implement, Bluedot is inherently compliant with GDPR and CCPA.
Bluedot works across key industries including retail, restaurants, and transportation. The global brands that trust Bluedot for their location strategy include Federal Realty, McDonald's, Dunkin', Six Flags, and IAG. For more information on Bluedot and its solutions, visit bluedot.io.
About the Stevie Awards Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.
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SOURCE Bluedot | https://www.whsv.com/prnewswire/2022/04/28/bluedot-named-2022-american-business-awards-stevie-winner/ | 2022-04-28T16:28:51Z |
In partnership with Soldiers' Angels, Books-A-Million honors the nation's heroes with generous customer donations of Joe Muggs Coffee.
BIRMINGHAM, Ala., April 28, 2022 /PRNewswire/ -- Books-A-Million and Soldiers' Angels are teaming up again for Coffee for the Troops, a biannual campaign that puts Joe Muggs Coffee into the hands of U.S. troops, veterans, and VA hospital patients.
From April 29 to May 30, Books-A-Million customers can donate a bag of coffee—personalized with a message of thanks—at checkout. Soldiers' Angels distributes these donations to grateful military men and women.
"A nice, hot cup of coffee can be difficult for deployed service members to get their hands on," says Amy Palmer, President and CEO of Soldiers' Angels. "Although coffee may be available on most well-established military installations, the lines are long and require plenty of extra time to wait for that pick-me-up. Thanks to the incredible support and contribution of Joe Muggs Coffee from Books-A-Million, Soldiers' Angels is able to get coffee into the hands of our service members, which in turn helps them focus on their mission at hand."
This marks the 18th Coffee for the Troops since 2012. Enthusiastically supported by generous Books-A-Million customers, the campaign consistently exceeds its goals.
ABOUT BOOKS-A-MILLION
Books-A-Million operates more than 200 stores in 32 states as well as its e-commerce site, Booksamillion.com. A leading retailer of books, toys, games, and collectibles since 1917, the company has grown to be the nation's second largest bookstore chain.
ABOUT SOLDIERS' ANGELS
Soldiers' Angels is a national 501(c)(3) nonprofit that provides aid, comfort, and resources to the military, veterans, and their families. Founded in 2003 by the family of General George Patton, hundreds of thousands of Soldiers' Angels "Angel" volunteers assist veterans, wounded and deployed personnel and their families in a variety of unique and effective ways. (Tax ID# 20-0583415). Learn more at soldiersangels.org.
CONTACT
Melanie Smith
Vice President, Marketing
205.909.3517
smithme@booksamillion.com
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SOURCE Books-A-Million, Inc. | https://www.whsv.com/prnewswire/2022/04/28/books-a-million-customers-can-send-taste-home-us-troops-during-18th-coffee-troops-campaign/ | 2022-04-28T16:28:58Z |
PROVIDENCE, R.I., April 28, 2022 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that, at its regular quarterly meeting held on April 27, 2022, the Board of Directors declared a regular quarterly dividend of $0.07 (seven cents) per share on the Company's outstanding Class A Common Shares (6,599,912) payable on May 27, 2022 to shareholders of record as of the close of business on May 13, 2022.
About Capital Properties, Inc.
Capital Properties, Inc. and its subsidiary's principal business consist of the long-term leasing of certain of its real estate interests in downtown Providence, Rhode Island for commercial development and the leasing of locations along interstate and primary highways in Rhode Island and Massachusetts for outdoor advertising purposes.
CONTACT:
Susan R. Johnson, Treasurer
401-435-7171
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SOURCE Capital Properties, Inc. | https://www.whsv.com/prnewswire/2022/04/28/capital-properties-inc-declares-regular-quarterly-dividend/ | 2022-04-28T16:29:05Z |
SAN FRANCISCO, April 28, 2022 /PRNewswire/ -- Carbon Collective, the first online investment advisor 100% focused on solving climate change, today announced an oversubscribed seed round at $2.2 million, featuring Powerhouse Ventures, HyperGuap, and Elevation Ventures. This adds to additional funds raised by earlier seed and angel investors Precursor Ventures, My Climate Journey, and Climate Capital.
Founded in 2020, Carbon Collective has a B2C robo investment offering, a B2B Green 401(k), compiled the most comprehensive list of climate solution stocks in its 2022 Climate Index, and they recently published their educational Ultimate Guide to Sustainable Investing. The seed round funds will be used to launch an initial investment product, improve the member experience, and hire talent.
"For us to solve climate change and avoid catastrophic warming, we need sustainable investing to be simple, affordable, and be driven by a clear theory of change. However, current ESG investing options offer just the opposite. These options are based on a complex series of proprietary data, which are not accessible to the retail investor, are more expensive than generic investing, and have no clearly defined link to how your investments can drive impact," said Zach Stein, co-founder, Carbon Collective.
"Powerhouse Ventures has been looking for a company like Carbon Collective for years," said Emily Kirsch, Managing Partner, Powerhouse Ventures. "Retail investors are demanding investment opportunities that actually advance climate solutions and the market has not delivered, until now. We are excited to back the Carbon Collective team and to use the platform ourselves."
In addition to closing the seed round, Carbon Collective announced that Brooke Tomasetti has joined the team as Director of Financial Education and Community. Tomasetti is a personal finance coach and founder of Money Life Mentor. She immediately contributed to the recently published Ultimate Guide to Sustainable Investing, specifically writing the fundamentals of investing chapter. In her role, she will also drive the Company's education, social media presence and be a featured personal finance resource for interviews, guest articles, and workshops.
"The world only changes when enough individuals decide to change it," added Stein. "To have the level of impact we intend to have, we have to start from the bottom up. Given that, our goal with this raise is to continue broadening our foundation of mission-driven investors through our low-fee, zero minimum robo advisor and green 401(k) program for mission-driven startups and nonprofits."
About Carbon Collective
Carbon Collective is the first 100% climate focused online investment advisor with the mission to close the annual $5 trillion climate investment gap. By divesting portfolios from fossil fuels, and reinvesting that same allocation in climate solutions, Carbon Collective makes investing in climate solutions accessible to all with low fee, zero minimum, highly diversified portfolios, with 85% fewer emissions. The Company augments its investment strategy with shareholder advocacy, leveraging member's votes to advocate for corporate climate action. Founded by Zach Stein and James Regulinski, and backed by prominent venture capital firms like Precursor Ventures and My Climate Journey, Carbon Collective is out to disrupt the finance industry and solve climate change.
For more information on Carbon Collective, please visit https://www.carboncollective.co
Disclaimers
Advisory services provided by Carbon Collective Investment LLC ("Carbon Collective"), an SEC-registered investment adviser. A copy of Carbon Collective's current written disclosure statement discussing Carbon Collective's business operations, services, and fees is available at the SEC's investment adviser public information website – www.adviserinfo.sec.gov or our legal documents here.
The articles and research support materials available on this site are educational and are not intended to be investment or tax advice. Carbon Collective does not make any representations or warranties as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Carbon Collective's web site or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.
Investments in securities: Not FDIC Insured • No Bank Guarantee • May Lose Value. Investing in securities involves risks, and there is always the potential of losing money when you invest in securities. Before investing, consider your investment objectives and Carbon Collective's charges and expenses. Carbon Collective's internet-based advisory services are designed to assist clients in achieving discrete financial goals. They are not intended to provide comprehensive tax advice or financial planning with respect to every aspect of a client's financial situation and do not incorporate specific investments that clients hold elsewhere. For more details, see our Form CRS, Form ADV Part 2 and other disclosures. Past performance does not guarantee future results, and the likelihood of investment outcomes are hypothetical in nature. Not an offer, solicitation of an offer, or advice to buy or sell securities in jurisdictions where Carbon Collective is not registered.
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SOURCE Carbon Collective | https://www.whsv.com/prnewswire/2022/04/28/carbon-collective-secures-funding-expand-climate-change-focused-investment-offerings/ | 2022-04-28T16:29:11Z |
Board-led Search for Successor Underway
President, Health Care Operations + COO Bob Riney to Lead During Transition
DETROIT, April 28, 2022 /PRNewswire/ -- Henry Ford Health President and CEO Wright L. Lassiter III has announced that he will be leaving his role as the head of the $6.6B Detroit-based integrated health system in late July to assume the CEO role at Chicago-based CommonSpirit Health, one of the largest nonprofit health systems in the U.S. After conversations with the Henry Ford Health Board of Directors and senior leadership team, Lassiter shared the news with Henry Ford's 33,000 team members in a personal note this morning.
"It has truly been one of the great honors of my life to lead the incredibly relentless, resilient, innovative, diverse and compassionate team that is Henry Ford Health. It has been said that when you need heroism at scale, when you are faced with a seemingly insurmountable challenge, when others say 'no,' you come to Henry Ford. I found this to be true – every day. I am incredibly proud of the transformative work we have done together in and across communities in Michigan and far beyond. I have no doubt that the influence and impact of Henry Ford will continue to grow and flourish long after my final day here," said Lassiter.
The Henry Ford Board of Directors, led by Chair David Breen, will conduct a national search for Lassiter's successor. President, Health Care Operations and COO Bob Riney will lead during the transition period and work with Breen and the board throughout the CEO search process.
"It has been an honor to work alongside both Wright and Bob and I am grateful for their service," said Breen. "Wright is a visionary, innovative and courageous leader. His contributions have well positioned Henry Ford Health for the future of serving our communities. And Bob's 40-plus year legacy with Henry Ford has been marked by an unwavering and selfless commitment to serving patients, team and community members. I want to thank Bob for his steadfast leadership during this transition."
Lassiter joined Henry Ford Health in December 2014. Under his leadership, Henry Ford Health completed two successful mergers, expanding its geographic footprint, and expanded globally with the 2020 opening of partner hospitals in Saudi Arabia and India.
During Lassiter's tenure, Henry Ford also significantly increased its quality performance, earning top honors in several publicly reported quality programs and two hospitals achieving the coveted Magnet® status, the gold standard for nursing excellence. Equally successful in financial performance, the health system also received both outlook and ratings upgrades from Moody's and S&P services. With a major focus on collaboration, Henry Ford embarked on major partnerships with a host of organizations, from the Detroit Pistons to Michigan State University, including five new partnerships in 2021 alone.
In 2020, with the onset of the COVID-19 pandemic, Henry Ford Health became a leading advisor to city of Detroit and the state of Michigan. Henry Ford Health quickly charted the path for vaccine research and became a chosen leader for the Moderna and J&J vaccine trials. Under Lassiter's leadership, Henry Ford Health became the official medical advisor for Michigan's mass vaccination site and the first health system in the state to require workforce vaccination.
Often recognized for his commitment to finding solutions, Lassiter was named "2021 Newsmaker of the Year" by Crain's Detroit Business and "Michiganian of the Year" in 2020 by The Detroit News. His other accolades include multiple year recognitions as "100 Most Influential People in Healthcare" by Modern Healthcare; "Top 25 Minority Healthcare Executives in U.S. Healthcare" by Modern Healthcare; "Top Blacks in U.S. Healthcare" by the Johns Hopkins Center for Health Disparities Solutions; and "20 People Who Make Healthcare Better in the U.S" by HealthLeaders Magazine.
An avid community leader and advocate, Lassiter is Chair of the American Hospital Association. He was also the 2021 Chair of the Detroit Regional Chamber and has served on the boards of the Detroit Children's Fund, LeMoyne College, Invest Detroit, Motown Museum and Downtown Detroit Partnership.
About Henry Ford Health
Serving communities across Michigan and beyond, Henry Ford Health is committed to partnering with patients and members along their entire health journey. Henry Ford Health provides a full continuum of services – from primary and preventative care, to complex and specialty care, health insurance, a full suite of home health offerings, virtual care, pharmacy, eye care and other healthcare retail.
It is one of the nation's leading academic medical centers, recognized for clinical excellence in cancer care, cardiology and cardiovascular surgery, neurology and neurosurgery, orthopedics and sports medicine, and multi-organ transplants. Consistently ranked among the top five NIH-funded institutions in Michigan, Henry Ford Health engages in more than 2,000 research projects annually. Equally committed to educating the next generation of health professionals, Henry Ford Health trains more than 4,000 medical students, residents, and fellows every year across 50+ accredited programs.
With more than 33,000 valued team members, Henry Ford Health is also among Michigan's largest and most diverse employers, including nearly 6,000 physicians and researchers from the Henry Ford Medical Group, Henry Ford Physician Network and Jackson Health Network.
The health system serves a growing number of customers across 250+ locations throughout Michigan including five acute care hospitals, two destination facilities for complex cancer and orthopedics and sports medicine care, three behavioral health facilities, primary care and urgent care centers.
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SOURCE Henry Ford Health | https://www.whsv.com/prnewswire/2022/04/28/ceo-wright-l-lassiter-iii-depart-henry-ford-health/ | 2022-04-28T16:29:17Z |
New offering provides a singular solution for live, virtual or hybrid client events
LOS ANGELES, April 28, 2022 /PRNewswire/ -- Cetera Financial Group, one of America's largest networks of financial professionals, announced today it has enhanced its Connect2Investors program with an "EVENT IN A BOX" offering. The versatile solution helps Cetera-affiliated financial professionals host their own live or virtual event and engage with their clients in an intimate and interactive experience. Advisors can select from pre-curated events such as: mixology, charcuterie board-building, mind-hacking mentalist, trivia night and more. All tools, ingredients and guiding marketing materials are shipped once the event is selected, and size of attendees determined. Advisors can opt to host in person, virtually, or even a hybridization of the two modalities. Through Marketing Central, financial professionals can fully automate their event marketing from invite to post-event attendance with the ability to fully measure marketing performance.
"During the global pandemic, our award-winning marketing and communications team mastered virtual events and executed in profound ways during such a unique and dynamic backdrop," said Michael Zuna, Chief Marketing and Communications Officer at Cetera. "The creativity and agility they demonstrated to support our financial professionals and their clients is paying the most important dividends for our advisors and their clients. Relationships with our financial professionals are paramount, yet we also want to help nurture and support their client relationships, which are integral to the success of their practices. EVENT IN A BOX creates a unique, simple but effective way for our financial professionals to forge even stronger connections with clients and their families. We anticipate high adoption rates and strong results."
Zuna continued, "Cetera measures the efficacy of advisor experience and practice growth like no other independent broker dealer in the space. We use predictive analytics from programs like Growth360 as an idea incubator, to inform what tools are helping our advisors' practices flourish. Our events and experiences provided robust, measurable growth for our financial professionals. As a result, we wanted to develop more unique events and experiences. We believe in listening to our advisors. As such, they help to inform the nascent solutions we build."
EVENT IN A BOX is informed by Cetera's Growth360 program, which enables Cetera financial professionals to learn from – and incorporate – the successes of their fastest-growing peers. Several key growth metrics have emerged from the Growth360 assessments since the program's inception. Client appreciation events – such as EVENT IN A BOX – are among the resources and strategies Cetera has developed to drive growth for advisors based on Growth360 data and growth metrics identified. More than 1,000 Cetera-affiliated financial professionals have participated in Growth360, with more advisors signing on daily.
EVENT IN A BOX complements IN THE ROOM, which is another component of the Connect2Investors program. Cetera recently announced that economic commentator Ben Stein will headline the next IN THE ROOM client event on May 19, 2022. Cetera Chief Investment Officer Gene Goldman will host the discussion with Stein on today's consumer sentiment, economic uncertainty, strategies for weathering rising inflation, and thinking for the long term.
Cetera financial professionals should contact their Growth Officer for more information about how to integrate EVENT IN A BOX and IN THE ROOM into their practice.
About Cetera Financial Group®
Cetera Financial Group (Cetera) is a leading financial services firm whose purpose is to enable the delivery of best-in-class financial advice to as many Americans as possible. Cetera empowers its financial professional communities to help clients achieve their version of financial wellbeing through the Advice-Centric Experience®. Cetera proudly serves independent financial professionals, tax professionals, banks and credit unions in providing wide-ranging financial planning and wealth management services.
Cetera oversees approximately $353 billion in assets under administration and $122 billion in assets under management, as of December 31, 2021.
Visit www.cetera.com, and follow Cetera on LinkedIn, Twitter and Facebook.
"Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), Cetera Financial Specialists LLC, and First Allied Securities, Inc. All firms are members FINRA/SIPC. Located at: 655 W. Broadway, 11th Floor, San Diego, CA 92101
Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services.
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SOURCE Cetera Financial Group | https://www.whsv.com/prnewswire/2022/04/28/cetera-launches-event-box-initiative-its-affiliated-financial-professionals/ | 2022-04-28T16:29:24Z |
Flourish: The Garden at 50 opens May 13
GLENCOE, Ill, April 28, 2022 /PRNewswire/ -- The Chicago Botanic Garden has experienced extraordinary growth over the last five decades and it is marking its 50th birthday in 2022 with Flourish: The Garden at 50. Starting May 13 and running through September 25, members, visitors, and program participants are invited to celebrate 50 years of the Garden connecting people to the natural world.
"What began as an ambitious vision to have Chicago's own public garden is now 28 gardens and four natural areas in Glencoe, 16 community garden and farm sites in Chicago and Lake County, and dozens of conservation and restoration research sites around the country," said Jean Franczyk, the Garden's president and chief executive officer. "We are thankful to all who have shown up for nature, supported our conservation mission, and inspired us to keep imagining a future where people and planet thrive."
Flourish: The Garden at 50 will feature a series of Garden-wide experiences. Ten nature-inspired art installations from Chicago, national, and international artists have been created specifically for the Glencoe campus and Windy City Harvest's Farm on Ogden, connecting people with nature in new ways. Splashes of gold-hued plants have been incorporated into the seasonal designs of the display gardens. Additionally, attendees will be invited to engage with interactive stories taking them back in time and transporting them to an imagined future for the Garden and pop-up events that will surprise and delight.
"The Garden is thriving due to the commitment of our members, visitors, and program participants over the last 50 years," said Jodi Zombolo, associate vice president of Visitor Events and Programs. "We are excited for everyone to join our joyous birthday celebration."
Flourish: The Garden at 50 is open daily during the Garden's general hours, which change seasonally. Visit chicagobotanic.org/flourish for more information. An image gallery is available for media download here.
The Chicago Botanic Garden, one of the treasures of the Forest Preserves of Cook County, is a 385-acre living plant museum featuring 28 distinct gardens and four natural areas. With events, programs, and activities for all ages, the Garden is open every day of the year. Located at 1000 Lake Cook Road in Glencoe, IL, the Garden is smoke free. Opened to the public in 1972, the Garden is managed by the Chicago Horticultural Society, accredited by the American Association of Museums, and a member of the American Public Gardens Association (APGA).
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SOURCE Chicago Botanic Garden | https://www.whsv.com/prnewswire/2022/04/28/chicago-botanic-garden-celebrates-50th-birthday/ | 2022-04-28T16:29:33Z |
CLEVELAND, April 28, 2022 /PRNewswire/ -- As the largest consumer of off-road equipment by far, China will continue to have an outsize impact on the global market for off-road equipment, finds a new Freedonia Group analysis. The country is forecast to represent 26% of global absolute gains in 2022. However, opportunities will differ between the major markets:
- Mining and agriculture will see solid growth as these markets continue to recover from the pandemic-related declines in 2020.
- Construction will advance more slowly from a high base, as the market for this equipment posted significant gains in 2020, when a combination of strong government spending and China's ability to mitigate negative economic effects from the pandemic's initial phase spurred investment in new and replacement construction equipment.
As a result of these trends, the global construction machinery market is expected to decelerate in 2022, while the mining machinery and agricultural equipment markets will continue to grow at a rate similar to 2021.
Global Off-Road Equipment Demand to Grow Nearly 6% in 2022
The Freedonia Group forecasts global demand for off-road equipment to rise 5.5% between 2021 and 2022 to $481 billion, slightly above 2019 levels. Overall growth will be bolstered by investment in new and replacement machinery featuring state-of-the-art technologies, many of which are designed to improve efficiency and productivity. These include:
- autonomous and semi-autonomous equipment, such as robots
- fuel efficient and low- or zero-emission equipment
- units with advanced ergonomics that provide improved operator comfort and safety
- drones, global positioning, predictive maintenance, and other solutions made possible by developments in the Industrial Internet of Things (IIoT)
Want to Learn More?
Global Off-Road Equipment 2022 provides global off-road equipment demand for 2020, 2021, 2022, and 2026 at the manufacturers' level in current US dollars (i.e., not adjusted to account for inflation). Demand is segmented by equipment type and world region. Data include the value of replacement parts and attachments sold separately. Values do not take into account retail markups. Also excluded are the values of software and services.
Off-road equipment demand is segmented by the following machinery types:
- construction
- agricultural
- mining
- forestry
The study also provides estimates of demand for smart machinery by equipment type. While demand for drones is presented in the study, it is not included in the equipment demand totals. Also, drones used by government agencies or environmental groups to monitor forested land are excluded from the study.
About the Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.
Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com
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SOURCE The Freedonia Group | https://www.whsv.com/prnewswire/2022/04/28/china-has-outsized-impact-global-demand-off-road-equipment/ | 2022-04-28T16:29:41Z |
NEW YORK, April 28, 2022 /PRNewswire/ -- CIT Northbridge Credit, as advised by CIT Asset Management LLC, has served as sole lead arranger on a $65 million credit facility for Hello Bello, a manufacturer and marketer of baby, child and adult care products.
"This financing will provide additional support as we continue to grow our market share by delivering affordable, high-quality essentials to more families," said Jennifer Pullen, co-founder of Hello Bello. "We appreciate CIT Northbridge's professionalism and expertise throughout the financing process."
Launched in 2019 by co-founders Kristen Bell and Dax Shepard, Hello Bello is a parenting platform providing premium and affordable products designed to eliminate the choice many parents have to make between what's best for their family or best for their budget. Hello Bello's products are all carefully crafted with children, parents and the planet in mind, and available at hellobello.com with bundling and subscription options, as well as at retailers including Walmart and Target nationwide.
"Hello Bello's cost-effective pricing helps bring premium, environmentally friendly products into the homes of everyday consumers," said Neal Legan, who leads CIT Northbridge. "We're pleased to provide this financing to support Hello Bello as they continue to deliver on their mission."
CIT Northbridge Credit is a trusted financial partner supporting middle-market companies with a broad range of flexible asset-based debt solutions. A joint venture advised by CIT Asset Management, it provides revolving and term loan commitments from $15 million to $150 million to companies across various industries and business cycles, and serves primarily as sole lender, agent, club participant or co-lender.
About CIT
CIT is a division of First Citizens Bank, the largest family-controlled bank in the United States, continuing a unique legacy of strength, stability and long-term thinking that has spanned generations. Parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $100 billion in assets. The company's commercial banking segment brings a wide array of best-in-class lending, leasing and banking services to middle-market companies and small businesses from coast to coast. First Citizens also operates a nationwide direct bank and a network of more than 600 branches in 22 states, many in high-growth markets. Industry specialists bring a depth of expertise that helps businesses and individuals meet their specific goals at every stage of their financial journey. Discover more at cit.com/firstcitizens.
About Hello Bello:
Hello Bello™, launched in February 2019, makes premium and affordable family products designed to eliminate the choice many parents have to make – deciding between what's best for their kids and what's best for their budget. From extremely adorable and soft diapers made with sustainably harvested fluff pulp and premium body care with organic botanical extract blends to mineral sunscreens, organic multivitamins, refillable cleaners, and more, Hello Bello's products give parents comfort about what they're putting on their baby and bringing into their home. Hello Bello was co-founded by Kristen Bell, Dax Shepard, Sean Kane, Jay McGraw and Jennifer Pullen. For more information, please visit hellobello.com or follow @hellobello on Facebook, Instagram and Twitter and @myhellobello on Pinterest.
MEDIA RELATIONS:
Lexa Tutela
212-461-5305
lexa.tutela@firstcitizens.com
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SOURCE CIT, a division of First Citizens Bank | https://www.whsv.com/prnewswire/2022/04/28/cit-northbridge-provides-65-million-family-care-company-hello-bello/ | 2022-04-28T16:29:47Z |
Cleveland-based graphic artist advances to final round in yearlong competition, wins $1,500 award
CLEVELAND, April 28, 2022 /PRNewswire/ -- Online voters have selected April (Ape) Bleakney, a Cleveland-based graphic artist specializing in screen printing, as the winner of Round 3 in the CrossCountry Mortgage (CCM) "Paint the District" competition. The yearlong competition – concluding this summer – will award one local artist the opportunity to create a work for permanent display in CCM's new corporate headquarters in Cleveland's Superior Arts District.
"We're excited to welcome April to the finalist round of our Paint the District arts competition while we enter round 4 of voting in our Paint the District contest," said Laura Soave, chief brand officer, CrossCountry Mortgage. "It's also exciting to look ahead a few months to when we'll name the winner of the contest and welcome their talents to our new corporate headquarters in the Superior Arts District."
Bleakney, along with two other Cleveland artists Scott Goss (round 1 finalist) and Pam Spremulli (round 2 finalist) plus a fourth additional artist to be selected during the current voting round will advance to the grand-prize round. The finalists from each round receive a $1,500 award from CCM and the grand-prize winner will receive $5,000 as well as funds to cover materials and installation of their work in CCM's new headquarters in the Superior Arts District. CCM will move to the new, 168,000-square-foot campus later this year.
Bleakney launched her one-woman creative business, "APE MADE" in 2011. She works primarily as a screen printer and utilizes only eco-friendly, hand-printing techniques. She has completed residencies in Chile and Scotland and created multiple public art and commissioned pieces. She is a graduate of Kent State University.
Her submission for round 3 of the "Paint the District" competition – "The Fortunes" – depicts a stylized image of an elephant inspired by Peter Ho Davies' book of the same name. Originally created as a nine-layer screen print, the piece was digitally wrapped on Cleveland's RTA Red Line trains, as part of the InterôUrban project in conjunction with The Cleveland Foundation's Anisfield-Wolf Book Awards.
To learn more about the mural competition, please visit www.PaintTheDistrict.com. The Paint the District competition is part of CCM's larger commitment to supporting the Cleveland arts community and the Superior Arts District. CCM is a lead sponsor for the FRONT International 2022 Cleveland Triennial for Contemporary Art, which will bring work from over 70 world-class artists to over 20 venues across Northeast Ohio. CCM will present the FRONT 2022 opening gala on July 14, which will feature a performance by internationally recognized experimentalist musician and performer Taja Cheek, who records under the name L'Rain. For more information about CrossCountry Mortgage, visit www.crosscountrymortgage.com.
About CrossCountry Mortgage
CrossCountry Mortgage (CCM) is one of the nation's largest retail mortgage lenders, with more than 8,000 employees operating more than 600 branches across all 50 states. Our company has been recognized eight times on the Inc. 5000 list of America's fastest growing private businesses and has received many awards for our standout culture. We offer more than 100 mortgage, refinance and home equity solutions – ranging from conventional and jumbo mortgages to government-insured programs for Veterans and rural homebuyers – and we are a direct lender and approved seller and servicer by Freddie Mac, Fannie Mae and Ginnie Mae. Through our dedication to getting it done, we make every mortgage feel like a win. Visit www.crosscountrymortgage.com.
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SOURCE CrossCountry Mortgage | https://www.whsv.com/prnewswire/2022/04/28/clevelands-april-bleakney-selected-round-3-winner-crosscountry-mortgage-paint-district-competition/ | 2022-04-28T16:29:58Z |
BETHESDA, Md., April 28, 2022 /PRNewswire/ -- DMI, a global digital transformation services company, has joined the Mobility Open Blockchain Initiative (MOBI). MOBI is a member-driven consortium focused on creating the standards and collaboration necessary to enable Web3 digital infrastructure for connected vehicles and IoT commerce.
The membership will provide DMI with the opportunity to collaborate within its alliance of the world's largest vehicle manufacturers along with startups, non-governmental organizations, transit agencies, insurers, toll road providers, smart city leaders and blockchain technology companies. Since its launch in 2018, MOBI has become the leading convener and ecosystem partner, advancing blockchain and related distributed ledger technologies in mobility.
"DMI is excited to join MOBI and have exposure to other partners and thought leaders across interconnected industries who share our vision of accelerating the adoption of blockchain technologies," said Michael Deittrick, Chief Strategy Officer. "Our team of senior advisors have been living and breathing connectivity since its infancy, and now as a member of MOBI, DMI is further enabled to help our clients, partners, and communities create interoperable, scalable solutions to pioneer the future of mobility, together."
Trusted by some of the largest automotive, manufacturing and transportation brands in the world, DMI's globally recognized team has helped pioneer connectivity in the industry for more than 20 years. DMI's offerings span the entire connected ecosystem from device to the cloud and include AI and analytics; blockchain and distributed ledger; and Smart Contract technology for industries ranging from automotive, government, healthcare, logistics, transportation and more.
"We've seen the positive impact and results these technologies have made for many of our clients, especially in the automotive sector," said Deittrick "The ability to connect and collaborate with this global consortium of leaders will help us build on our strong foundation of connected capabilities and bring additional value to our clients through this trusted ecosystem."
Joseph Bannon, Vice President Global Business Development at DMI, will be leading DMI's engagement with MOBI, including MOBI working groups and MOBI's Integrated Trust Network.
About DMI
DMI is a global technology solutions company that specializes in digital strategy, design, transformation and support. Utilizing expertise in the areas of AI & Analytics, Commerce, Experience, Managed Services, Transformation, and Government, DMI delivers intelligent digital transformation solutions that meet organizations where they are. Born digital, DMI has been delivering mission-critical, enterprise grade solutions since 2002 for more than a hundred Fortune 1,000 enterprises and all fifteen U.S. Federal Departments. DMI has grown to 2,100+ employees globally and has been continually recognized by top industry analysts as well as a Top Workplace USA. www.DMInc.com
Media Contact:
Lara Plathe
515-453-2042
lplathe@strategicamerica.com
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SOURCE DMI | https://www.whsv.com/prnewswire/2022/04/28/dmi-joins-global-mobility-open-blockchain-initiative-mobi/ | 2022-04-28T16:30:05Z |
- Recognition cites quality tree care, including proper pruning, training in accordance to industry standards.
- Customers receive free trees in celebration of Arbor Day.
ST. PETERSBURG, Fla., April 28, 2022 /PRNewswire/ -- The Arbor Day Foundation has recognized Duke Energy Florida for its tree care practices by naming the company a "Tree Line USA" utility for the 16th year in a row.
The Tree Line USA Program demonstrates how trees and utilities can coexist for the benefit of communities and citizens by highlighting best management practices in public and private utility arboriculture. The program promotes the dual goals of safe, reliable electric service and abundant, healthy trees.
Trees and vegetation are part of Florida's natural landscape and also one of the leading causes of power outages for utilities. Duke Energy has a responsibility to protect the lines that deliver power to homes and businesses across the region to ensure reliable electric service.
"Duke Energy is dedicated to providing reliable service to our customers while protecting the environment," said Melissa Seixas, Duke Energy Florida state president. "We are proud to receive this award for the 16th straight year because it showcases the important work Duke Energy Florida employees do to help keep the power flowing and our communities healthy, beautiful and vibrant."
Duke Energy achieved Tree Line USA status by meeting certain criteria. Utilities must follow industry standards for quality tree care, including proper pruning; provide annual employee and contractor training in best practices; sponsor tree plantings and public education programs; and participate in annual Arbor Day events.
One such event is Duke Energy's annual tree giveaway in partnership with the Arbor Day Foundation's Energy-Saving Trees program. Customers have the opportunity to order a free tree in honor of Florida Arbor Day each January. The program helps customers conserve energy and reduce energy bills through strategic tree planting.
The trees are shipped in 1-gallon buckets directly to customers' homes with planting and care instructions in time for National Arbor Day, which this year falls on April 29. Customers ordered approximately 1,100 crape myrtle, red bottlebrush, sweetbay magnolia and dahoon holly. Since 2017, the company has given away nearly 11,000 trees to customers throughout the state.
It is important to remember that customers, property owners and untrained contractors should not prune or cut trees and plants near power lines. In addition, when planting trees near power lines, be sure to select a low-growing variety to minimize impact to the lines. Also, contact Florida 811 before digging to locate any underground utilities, which are often located in utility easements.
For more information about planning and planting vegetation around electrical facilities, please visit Duke Energy's Right Tree Right Place website.
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
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SOURCE Duke Energy | https://www.whsv.com/prnewswire/2022/04/28/duke-energy-florida-recognized-tree-line-usa-utility-16th-consecutive-year-more-than-10900-free-trees-given-away-since-2017/ | 2022-04-28T16:30:11Z |
- 120-megawatt Jackpot Solar project will be company's first renewable energy facility in the state.
CHARLOTTE, N.C., April 28, 2022 /PRNewswire/ -- Duke Energy Sustainable Solutions, a nonregulated commercial brand of Duke Energy (NYSE: DUK), today announced the start of construction of the 120-megawatt (MW) Jackpot Solar project in Twin Falls County, Idaho.
This is the organization's first utility-scale renewable energy project in the state and, once complete, it will be the largest solar facility in operation in Idaho.
Jackpot Solar, which is expected to achieve commercial operation by the end of 2022, will provide energy to Idaho Power through a 20-year power purchase agreement.
Idaho Power is working toward its Clean Today, Cleaner Tomorrow® goal of providing 100% clean energy by 2045. When the company buys certified renewable energy as it's doing here, it sells the associated renewable energy credits (RECs) to offset power supply costs and to keep customer prices low.
"We're excited to enter into the Idaho market and be a part of the state's transition toward a cleaner energy future," said Chris Fallon, president of Duke Energy Sustainable Solutions. "Jackpot Solar will help diversify the state's energy infrastructure, bring additional economic benefits to the state and Twin Falls County, while also supporting Idaho Power's clean energy goals."
"Providing 100% clean energy is an important goal for Idaho Power, and more and more customers are telling us it is important to them, too," Idaho Power President and CEO Lisa Grow said. "We have a great head start, thanks to our clean hydropower plants that remain our largest source of energy."
Swinerton Renewable Energy is doing the engineering and construction for the project, which will be located on 952 rural acres south of the city of Twin Falls. Duke Energy Sustainable Solutions will own and operate the project.
The project is expected to employ approximately 200 workers at peak construction. Along with indirect economic benefits that accompany solar project development, such as increased local spending in the service and construction industries, the Jackpot Solar facility will also have a positive economic impact on the local community by providing significant tax revenues for the Filer Consolidated School District.
Additionally, the Duke Energy Foundation awarded a $15,000 grant to the Shoshone Basin Rangeland Fire Protection Association to support the organization's efforts to enhance the safety of the citizens in rural areas of Twin Falls County, Idaho.
"Safety is a top priority for us," said Fallon. "We're proud to be a part of this community and help fund the equipment and services that will enable the Shoshone Basin emergency responders to continue to maintain the safety of area residents and businesses."
As one of the nation's top renewable energy providers, last year Duke Energy reached more than 10,000 MW of solar and wind energy, and the company has set a goal of reaching 16,000 MW of renewables by 2025 and 47,000 MW by 2050.
Duke Energy Sustainable Solutions
Duke Energy Sustainable Solutions is a leader in sustainable energy, helping large enterprises reduce power costs, lower emissions and increase resiliency. The team provides wind, solar, resilient backup power and managed energy services to over 1,000 projects across the U.S., with a total electric capacity of more than 5,100 megawatts of nonregulated renewable energy.
Duke Energy Sustainable Solutions is a nonregulated commercial brand of Duke Energy (NYSE: DUK), a Fortune 150 company and one of the largest energy holding companies in the U.S., headquartered in Charlotte, N.C.
The brand includes the following subsidiaries of Duke Energy Corporation that are registered to transact business in various states and may be branded as Duke Energy Sustainable Solutions for marketing purposes: Duke Energy One, Inc.; Duke Energy Commercial Enterprises, Inc.; Duke Energy Renewables, Inc.; Duke Energy Renewables Commercial, LLC; Duke Energy Renewable Services, LLC.; Duke Energy Renewables Storage, LLC; Duke Energy Renewables Wind, LLC.; Duke Energy Renewables Solar, LLC.; and REC Solar Commercial Corporation.
Idaho Power
Idaho Power, headquartered in vibrant and fast-growing Boise, Idaho, has been a locally operated energy company since 1916. Today, it serves a 24,000-square-mile area in Idaho and Oregon. The company's goal to provide 100% clean energy by 2045 builds on its long history as a clean-energy leader that provides reliable service at affordable prices. With 17 low-cost hydroelectric projects at the core of its diverse energy mix, Idaho Power's residential, business and agricultural customers pay among the nation's lowest prices for electricity. Its 2,000 employees proudly serve more than 600,000 customers with a culture of safety first, integrity always and respect for all.
IDACORP Inc. (NYSE: IDA), Idaho Power's independent publicly traded parent company, is also headquartered in Boise, Idaho. To learn more, visit idahopower.com or idacorpinc.com.
Cautionary Language Concerning Forward-Looking Statements
This document includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are based on management's beliefs and assumptions. These forward-looking statements are identified by terms and phrases such as "anticipate," "believe," "intend," "estimate," "expect," "continue," "should," "could," "may," "plan," "project," "predict," "will," "potential," "forecast," "target," "outlook," "guidance," and similar expressions. Various factors may cause actual results to be materially different than the suggested outcomes within forward-looking statements; accordingly, there is no assurance that such results will be realized. These risks and uncertainties are identified and discussed in Duke Energy's most recent Annual Report on Form 10-K and subsequent quarterly reports on Form 10-Q filed with the Securities and Exchange Commission ("SEC") and available at the SEC's website at www.sec.gov. In light of these risks, uncertainties and assumptions, the events described in the forward-looking statements might not occur or might occur to a different extent or at a different time than Duke Energy has described. Duke Energy expressly disclaims an obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Media contact: Jennifer Garber
800.559.3853
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SOURCE Duke Energy | https://www.whsv.com/prnewswire/2022/04/28/duke-energy-sustainable-solutions-announces-construction-idahos-largest-solar-project/ | 2022-04-28T16:30:17Z |
Contract intelligence company recognized in multiple categories including Medium-Sized Legal Company of the Year
SAN MATEO, Calif., April 28, 2022 /PRNewswire/ -- The Stevie Awards today announced that Evisort was named a winner in 10 categories of The 20th Annual American Business Awards®. Evisort is the leading provider of artificial intelligence (AI) solutions for contract management and analytics.
Evisort won gold in the following categories:
- Company of the Year - Legal - Medium
- Legal Information Solution
- Business or Competitive Intelligence Solution
- Legal Solution
Evisort won silver for:
- Most Innovative Tech Company of the Year - Up to 2,500 Employees
- Technical Innovation of the Year - At Organizations With Up to 1,000 Employees
- Achievement in Growth
- Achievement in Product Innovation
- Achievement in Sales or Revenue Generation
- Achievement in Science or Technology
The American Business Awards are the U.S.A.'s premier business awards program. All organizations operating in the U.S.A. are eligible to submit nominations – public and private, for-profit and non-profit, large and small.
Nicknamed the Stevies for the Greek word meaning "crowned," the awards will be presented to winners at a gala ceremony at the Marriott Marquis Hotel in New York on Monday, June 13. Tickets are now on sale.
"Evisort is honored to be recognized by the Stevie Awards in so many diverse categories that reflect our commitment to our customers and advancing our vision for intelligent contract management. We extend our sincere congratulations to all organizations nominated," said Dwight Krossa, Vice President of Product, Evisort.
Of Evisort, one judge for the category of Legal Information Solution noted, "I love this idea and the future perspective is huge. Very clear about what they're trying to accomplish. The company feels like a breath of fresh air, with a true startup drive to make things successful."
Another judge remarked, "The company's achievements in the past year and the feedback from clients about their product are astonishing."
More than 230 professionals worldwide participated in the judging process to select this year's Stevie Award winners. Over 3,700 nominations from organizations of all sizes and in virtually every industry were submitted this year for consideration. Details about The American Business Awards and the list of 2022 Stevie winners are available at www.StevieAwards.com/ABA.
About Evisort
Founded in 2016 by Harvard Law and MIT alumni, Evisort is the leading provider of contract management and AI technology for legal, procurement, sales, finance, and IT teams. Evisort's Contract Intelligence Platform offers implementation within 30 days and fast ROI by centralizing contracts without file migration, using AI to search and automatically track metadata and provisions without manual data entry, and enabling teams to efficiently draft, redline, approve, sign, report on, and renew contracts, all in one place. Evisort is headquartered in Silicon Valley and backed by leading strategic and institutional investors including General Atlantic, Vertex Ventures, M12 (Microsoft's venture fund), Amity Ventures, Village Global, and Serra Ventures. For more information, go to evisort.com, dial (888) 384-7678, like our LinkedIn page, and/or follow us on Twitter: @evisort.
About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.
Sponsors of The 2022 American Business Awards include HCL America, John Hancock Financial Services, Melissa Sones Consulting, and SoftPro.
Contacts
Kimberly Dimicco
media@evisort.com
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REDMOND, Ore and PHOENIX, Ariz, April 28, 2022 /PRNewswire/ -- Expion360, Inc. (NASDAQ: XPON), an industry leader for lithium batteries and accessories for recreational vehicles (RVs), outdoor, marine, residential and industrial, has begun shipping its state-of-the-art lithium-ion batteries and accessories to AIM Wholesale, a major distributor of premium wholesale RV parts and accessories to hundreds of dealers, distribution chain partners and retailers nationwide.
Expion360 shipped an initial 192 units in March and is scheduled to ship an additional 320 units over the next six months. The orders are being driven in part by demand from AIM's customers for Expion360's 120 amp hours (Ah) lithium-ion batteries. Expion360 products will be distributed through AIM's Phoenix, Arizona headquarters and regional distribution centers in California, Texas and Utah.
"Expion360 is a top-notch lithium battery and accessory manufacturer that shares our core values of quality and service," stated TJ Spackman, AIM's director of operations. "Expion360 offers our customers the most dense and minimal-footprint batteries in the RV industry."
Expion360's e360 Lithium Battery Powering the Pursuit (TM).
Expion360's increasing order flow reveals that RV owners are discovering its lithium-ion power storage technology offers superior capabilities over old-style lead-acid batteries, including longer lifespan and more power, as well as a smaller footprint and half the weight. These advantages enable greater flexibility for battery power to be used across many mobile applications.
"As a long established and highly respected national distributor, our new relationship with AIM Wholesale represents a tremendous validation of the innovations we have introduced with our e360 lithium battery product line," stated Expion360 CEO, John Yozamp. "AIM's vast network and far-reaching distribution chain strengthens our B2B wholesale distribution channel, creating a sales multiplier effect by making more Expion360 products more readily available to more dealers nationwide."
"AIM also helps to accelerate our efforts to capitalize on the ongoing market conversion from lead-acid to lithium batteries as the primary method of power sourcing for RV applications," added Yozamp. "We see ourselves at just the beginning of a lengthy period of fast-ramping sales and market expansion."
About AIM Wholesale
AIM Wholesale is a dedicated RV distributor providing a full range of premium wholesale RV accessories and parts nationwide to dealers both large and small. Since the company's founding in 1978, its mission has been to provide unparalleled service, value and industry support for each and every one of its customers.
As a family owned and operated business since 1997, AIM Wholesale has formed and maintained close, long-lasting partnerships with dealers and retailers across the nation. Its current product line includes more than 9,500 wholesale RV parts, accessories and supplies, and continues to grow to meet the needs of its partners. For more information, visit aimwholesale.com.
About Expion360
Expion360 is an industry leader of premium lithium batteries and accessories for recreational vehicles, outdoor, marine, residential, and industrial. The company sources, assembles and white-labels components and finished products. Its 360 (12V/360Ah) is 3.5x the capacity of average RV battery and is unique in form factor. Founded in 2016 by the company's CEO, John Yozamp, Expion360 designs and engineers its batteries out of its headquarters in Redmond, Oregon. For more information visit, expion360.com.
Forward-Looking Statements and Safe Harbor Notice
All statements other than statements of historical facts included in this press release are "forward-looking statements" (as defined in the Private Securities Litigation Reform Act of 1995). Such forward-looking statements include our expectations and those statements that use forward-looking words such as "projected," "expect," "possibility" and "anticipate." The achievement or success of the matters covered by such forward-looking statements involve significant risks, uncertainties and assumptions. Actual results could differ materially from current projections or implied results. Investors should read the risk factors set forth in the Company's Prospectus filed with the SEC on April 4, 2022, previous filings, subsequent filings and future periodic reports filed with the SEC. All of the Company's forward-looking statements are expressly qualified by all such risk factors and other cautionary statements.
The Company cautions that statements and assumptions made in this news release constitute forward-looking statements and make no guarantee of future performance. Forward-looking statements are based on estimates and opinions of management at the time statements are made. The information set forth herein speaks only as of the date hereof. The Company and its management undertake no obligation to revise these statements following the date of this news release.
Investor Contact:
Ronald Both or Justin Lumley
CMA Investor Relations
Tel (949) 432-7566
Email contact
Media Contact:
Tim Randall
CMA Media Relations
Tel (949) 432-7572
Email Contact
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SILVER SPRING, Md., April 28, 2022 /PRNewswire/ -- Today, the U.S. Food and Drug Administration is announcing proposed product standards to prohibit menthol as a characterizing flavor in cigarettes and prohibit all characterizing flavors (other than tobacco) in cigars. These actions have the potential to significantly reduce disease and death from combusted tobacco product use, the leading cause of preventable death in the U.S., by reducing youth experimentation and addiction, and increasing the number of smokers that quit.
"The proposed rules would help prevent children from becoming the next generation of smokers and help adult smokers quit," said Health and Human Services Secretary Xavier Becerra. "Additionally, the proposed rules represent an important step to advance health equity by significantly reducing tobacco-related health disparities."
These proposed product standards are based on clear science and evidence establishing the addictiveness and harm of these products and build on the Family Smoking Prevention and Tobacco Control Act, which prohibited all characterizing flavors (other than tobacco and menthol) in cigarettes in 2009. They are also a critical piece of the Administration's reignited Cancer Moonshot to reduce the death rate from cancer by at least 50 percent over the next 25 years; tobacco use is a leading cause of cancer and death from cancer, and approximately 30 percent of all cancer deaths in the United States are caused by smoking.
"The authority to adopt tobacco product standards is one of the most powerful tools Congress gave the FDA and the actions we are proposing can help significantly reduce youth initiation and increase the chances that current smokers quit. It is clear that these efforts will help save lives," said FDA Commissioner Robert M. Califf, M.D. "Through the rulemaking process, there's an important opportunity for the public to make their voices heard and help shape the FDA's ongoing efforts to improve public health."
Menthol product standard would have significant public health impact
Menthol is a flavor additive with a minty taste and aroma that reduces the irritation and harshness of smoking. This increases appeal and makes menthol cigarettes easier to use, particularly for youth and young adults. Menthol also interacts with nicotine in the brain to enhance nicotine's addictive effects. The combination of menthol's flavor, sensory effects and interaction with nicotine in the brain increases the likelihood that youth who start using menthol cigarettes will progress to regular use. Menthol also makes it more difficult for people to quit smoking.
In 2019, there were more than 18.5 million current menthol cigarette smokers ages 12 and older in the U.S., with particularly high rates of use by youth, young adults, and African American and other racial and ethnic groups. Published modeling studies have estimated a 15 percent reduction in smoking within 40 years if menthol cigarettes were no longer available in the United States. These studies also estimate that 324,000 to 654,000 smoking attributable deaths overall (92,000 to 238,000 among African Americans) would be avoided over the course of 40 years.
When finalized, the proposed menthol product standard will:
- reduce the appeal of cigarettes, particularly to youth and young adults, decreasing the likelihood that nonusers who would otherwise experiment with menthol cigarettes would progress to regular smoking; and
- improve the health and reduce the mortality risk of current menthol cigarette smokers by decreasing cigarette consumption and increasing the likelihood of cessation.
Flavored cigar product standard would reduce youth risk
Characterizing flavors in cigars, such as strawberry, grape, cocoa and fruit punch, increase appeal and make cigars easier to use, particularly among youth and young adults. More than a half million youth in the U.S. use flavored cigars, and in recent years more young people tried a cigar every day than tried a cigarette.
When finalized, this product standard will:
- reduce the appeal of cigars, particularly to youth and young adults, and decrease the likelihood of experimentation, development of nicotine dependence, and progression to regular use; and
- improve public health by increasing the likelihood that existing cigar smokers may quit.
Importantly, the FDA cannot and will not enforce against individual consumers for possession or use of menthol cigarettes or flavored cigars. If these proposed rules are finalized and implemented, FDA enforcement will only address manufacturers, distributors, wholesalers, importers and retailers who manufacture, distribute, or sell such products within the U.S. that are not in compliance with applicable requirements. These proposed regulations do not include a prohibition on individual consumer possession or use.
State and local law enforcement agencies do not independently enforce the Federal Food, Drug and Cosmetic Act and do not, and cannot, take enforcement actions against any violation of FDA's tobacco authorities, including its regulations, on the FDA's behalf. However, the agency recognizes concerns related to how state and local law enforcement may enforce their own laws in a manner that may impact equity and community safety, particularly for underserved and underrepresented communities. The FDA is seeking comment on, among other things, how it can best make clear the respective roles of the agency and state and local law enforcement, as well as policy considerations related to the potential racial and social justice implications of the proposed product standards.
Beginning May 4, 2022, the public can provide comments on these proposed rules, which the FDA will review as it considers future action. The agency also will convene public listening sessions on June 13 and June 15 to expand direct engagement with the public, including affected communities. The listening sessions are another opportunity for individuals, communities, and organizations to share their perspectives with the FDA and will be recorded and submitted to the dockets.
The public will have the opportunity to submit either electronic or written comments directly to the dockets on the proposed rules through July 5, 2022. Once all the comments have been reviewed and considered, the FDA will decide whether to issue final product standards.
The agency also recognizes the importance of ensuring broad and equitable access to all the tools and resources that can help smokers quit. The FDA and HHS are working with federal partners to make sure the support is there for those who are trying to quit, especially in underserved communities. Many insurance plans cover tobacco cessation services, like medication and counseling, without any out-of-pocket cost. Smokers interested in quitting today should visit smokefree.gov or call 1-800-QUIT-NOW to learn about cessation services available in their state.
Additional Resources:
- Fact Sheet: Proposed product standards to prohibit menthol as a characterizing flavor in cigarettes and all characterizing flavors (other than tobacco) in cigars
- Menthol in Cigarettes, Tobacco Products; Request for Comments
- FDA: Preliminary Scientific Evaluation of the Possible Public Health Effects of Menthol Versus Nonmenthol Cigarettes
Media Contact: Alison Hunt, 202-308-5496
Consumer Inquiries: Email or 888-INFO-FDA (888-463-0332)
The FDA, an agency within the U.S. Department of Health and Human Services, protects the public health by assuring the safety, effectiveness, and security of human and veterinary drugs, vaccines and other biological products for human use, and medical devices. The agency also is responsible for the safety and security of our nation's food supply, cosmetics, dietary supplements, products that give off electronic radiation, and for regulating tobacco products.
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SOURCE U.S. Food and Drug Administration | https://www.whsv.com/prnewswire/2022/04/28/fda-proposes-rules-prohibiting-menthol-cigarettes-flavored-cigars-prevent-youth-initiation-significantly-reduce-tobacco-related-disease-death/ | 2022-04-28T16:30:39Z |
RICHMOND, Va., April 28, 2022 /PRNewswire/ -- Fenris Digital (Fenris), an insurance data sourcing innovator delivering a suite of API-delivered, SOC2 compliant products, is pleased to announce the release of the company's Life Event Monitoring and Alerts (LEMA) service.
"In the insurance space, customer acquisition is expensive and time-consuming due in part to the complexity of the products and the need for insurers to connect with potential customers at exactly the right moment in order to position the sale as not only necessary, but intuitive," said Jennifer Linton, founder and CEO of Fenris. "LEMA can positively impact any insurer's customer acquisition and customer experience by delivering automated, timely, and cost-effective life event alerts on potential or impacted policyholders."
In order to deliver the most actionable information possible, LEMA monitors Fenris' data repositories of 255+ million people, 130+ million households, and 30+ million small businesses to identify and address the major life events that insurance policyholders periodically experience, such as new house purchases, birth announcements, and retirements. LEMA monitors an insurer's book of business and provides daily alerts, thereby allowing for the execution of planned campaigns and structuring of new campaigns on-the-fly.
Through LEMA, Fenris also provides insurance organization clients with email alerts on which agents can base high-touch, personalized approaches to customers and potential customers. Fenris APIs can also integrate with the systems that digitally-savvy insurance companies employ to target and personalize engagements with customers, such as marketing outreach solutions. Alerts can support both outbound marketing actions and personal outreach from a producer.
For Fenris, LEMA is a playing field-leveling product which provides access to smart data solutions that are easily customizable for individual books of business for insurance organizations of all sizes. Having successfully navigated the proof-of-concept (PoC) or pilot phase with several organizations, LEMA is now in production in live insurance environments with many of Fenris' agent/broker and insurer customers.
Fenris Digital (Fenris) is an insurance data sourcing innovator delivering a suite of API-delivered, SOC2 compliant products which leverage well-established, proprietary data repositories for Predictive Scoring, Data Enrichment and Pre-fill, and Life Event Monitoring & Alerts (LEMA), to enable modern customer acquisition workflows across auto, home, life, and small commercial lines. For more information, please visit www.fenrisd.com.
Media Contact:
Jennifer Overhulse
St. Nick Media Services
jen@stnickmedia.com
859-803-6597
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SOURCE Fenris Digital | https://www.whsv.com/prnewswire/2022/04/28/fenris-launches-life-event-monitoring-alerts-lema-service/ | 2022-04-28T16:30:45Z |
AUSTIN, Texas, April 28, 2022 /PRNewswire/ -- The final phase of 26 homesites is open now in Northgate Ranch, a popular new community in Liberty Hill, TX. Near SH29 and HWY183 in the highly acclaimed Liberty Hill ISD, Northgate Ranch features new homes by Giddens Homes, Drees Custom Homes and Monticello Homes priced from the mid $800s.
"Buyer demand in this area and in Northgate Ranch has remained strong into the new year, and our builders' success is apparent," said Randy Rollo, Developer of Northgate Ranch. "Larger yards, space and more privacy continue to attract homebuyers to Northgate Ranch, so we are please to offer new acre homesites to meet the pent-up demand for larger lots."
The new one-acre homesites are a rare opportunity. Northgate Ranch Sections 1 & 2 quickly sold out of lots by the end of 2021. The community showcases a laid-back lifestyle, an abundance of open green space and convenient access to the small-town charm of Liberty Hill.
Liberty Hill continues to be a magnet for growth as companies large and small establish offices throughout the greater North Austin corridor. Additionally, expansion of the 183A Tollway is underway and anticipated to be open to traffic in 2025. Liberty Hill is quickly becoming one of the most sought-after places in Texas to call home.
The youngest residents of Northgate Ranch will also attend the exemplary Liberty Hill High School, Liberty Hill Junior High, Liberty Hill Intermediate and Bill Burden Elementary. All schools were all rated by Great Schools with above the Texas average for test scores in multiple subjects.
Northgate Ranch features model homes to tour by Drees Custom Homes, Giddens Homes and Monticello Homes. To reach the community from Austin, head North on Hwy 183 and turn left at the intersection of HWY 29. Keep straight until turning right onto CR 214. Northgate Ranch is located a few miles ahead, on right. For more information, please visit www.NorthgateRanch.com.
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SOURCE Randolph Texas Development | https://www.whsv.com/prnewswire/2022/04/28/final-phase-acre-homesites-available-northgate-ranch/ | 2022-04-28T16:30:52Z |
MIAMI, April 28, 2022 /PRNewswire/ --The Mercedes-AMG Petronas F1 Team is excited to launch a special series of NFTs (Non-Fungible Tokens), to enable us to engage with our fans in new ways. Developed alongside our trusted partner FTX, one of the world's most innovative cryptocurrency exchanges, the Team will be collaborating with a series of artists over the 2022 race calendar, inviting them to create race-inspired artwork which fans can collect, trade and own.
The Team and FTX will release free-to-claim NFT "Ticket Stubs" - artistic interpretations of a Mercedes-AMG Petronas race ticket - as well as unique and rare NFTs throughout the year, created by some of the world's leading artists which will be available for auction at various points during the 2022 season, starting in Miami.
The series of NFT Ticket Stub drops will create an opportunity for fans to build, trade and collect their own NFT Ticket Stub collection over the season, providing fans even more ways to engage with each other; building a new community of collectors and traders, all with a shared passion for racing and digital art. There will be 2,500 free-to-claim NFT Ticket Stubs at most races, and 1,000 limited edition NFT Ticket Stubs at up to five races throughout the season, created in collaboration with different artists.
The 2022 F1 Miami race weekend will also see the unveiling of several unique NFTs produced in collaboration with multi-disciplinary artist Mad Dog Jones, the first of the limited edition NFT collections that will be designed by a range of artists across the season. In a world-first, two special NFTs will feature the 2022 Miami cars raced by Lewis Hamilton and George Russell, with both drivers running rear wing end plates during the race featuring the Mad Dog artwork. The rear wings, fresh off the Mercedes-AMG F1 W13 in Miami, will be auctioned together with their corresponding Mad Dog NFT.
The NFT auction will be held exclusively on the FTX US NFT marketplace. The Team's proceeds from the auction will go to Ignite, the Team's and Mission44's joint charitable initiative with the mission of supporting greater diversity and inclusion within motorsport.
A limited edition run of 1000 Miami-inspired NFT Ticket Stubs created by Mad Dog can be claimed by fans at nftmercedesamgf1.com starting on Friday 6th May. With four races already completed in the 2022 F1 season, the Miami Grand Prix will see the team also release the limited edition NFT Ticket Stubs for the season-opening races in Bahrain, Saudi Arabia, Australia and Italy. These NFT Ticket Stubs will be randomly allocated to fans who register during the Miami Grand Prix.
"Finding new and innovative ways to engage with our global fanbase is a key priority for the team," said Richard Sanders, Commercial Director of the Mercedes-AMG Petronas F1 Team. "Alongside FTX, we are thrilled to launch our 2022 collection of NFTs created by some of the world's most talented artists, starting with Mad Dog Jones. Collecting memorabilia has always been a huge part of following your favourite sports team and we're excited to create these genuinely cool digital collectibles that will also unlock new ways for fans to be closer to the Mercedes-AMG Petronas F1 team."
"The Mercedes-AMG Petronas F1 Team is known for innovating and pushing the limits in their sport and the upcoming NFT collections reflect that ethos. FTX is excited to collaborate with the team on this auction connecting unique NFT artwork with a key component of Lewis' and George's Miami cars in a first for the team and sport. We hope this exclusive collection along with all the exciting events we have planned in Miami for race week will be an amazing experience for NFT collectors and long time F1 fans who want to be a part of racing history," said Avi Dabir, Vice President of Business Development, FTX.
The auction for the Mad Dog Jones collection starts at 10am on Friday 6th May, ahead of first practice in Miami, on the FTX US NFT Marketplace and will run through the following Friday (13th May).
Contacts:
Bradley Lord
Mercedes-Benz Motorsport Communications Director
blord@mercedesamgf1.com
+44 (0) 7785 682 893
Richard Wilson
Head of Media Relations
richwilson@mercedesamgf1.com
+44 (0) 7919 451 618
Rosa Herrero Venegas
Public Relations Manager
rherrerovenegas@mercedesamgf1.com
+44 (0) 7469 353 191
To register for our press release distribution list, please use the following link:
https://www.mercedesmotorsport.com/subscribe.html
Digital Channels & Resources:
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SOURCE FTX | https://www.whsv.com/prnewswire/2022/04/28/ftx-mercedes-amg-petronas-f1-team-launch-innovative-new-era-fan-collectibles/ | 2022-04-28T16:30:59Z |
CHICAGO, April 28, 2022 /PRNewswire/ -- Gateless, a visionary technology company providing the mortgage industry with intelligent automation, is proud to announce that it has promoted Bryan Jackson, the company's Head of Product Delivery, to Chief Technology Officer. In that role, Jackson will drive the creation of exciting new innovations focused on pushing even more efficiencies into the entire mortgage process.
Jackson has been building software solutions across many different industries, including mortgage, for 20 years, including multiple SaaS platforms for companies ranging from startups to multi-billion-dollar enterprises. He has been a key member of the Gateless team since the company was founded, serving as Head of Product Delivery since 2019. As part of that role, he built out the company's technology infrastructure and lead the engineering and data science teams. Before joining Gateless, Jackson was Chief Architect at loanDepot, one of the country's largest mortgage lenders. Prior to that, he was Lead Architect at Newgistics/Pitney Bowes and Director of Engineering at Veritone One.
"We are truly excited about Bryan's well-deserved promotion to CTO," says Rick Lang, Chief Operating Officer at Gateless. "He has been with Gateless since our inception, done an incredible job leading the build-out of our technology infrastructure, moving our products towards broad market availability, and exhibiting the thought leadership, drive and domain expertise one would expect from a CTO."
"Gateless has reimagined the entire loan manufacturing process, and I'm pleased to have been a part of it from day one," says Jackson. "Our mission to simplify mortgage lending through intelligent automation will impact the entire industry in a meaningful way. This continues to be a truly amazing experience."
About Gateless, Inc.
Gateless, an innovative mortgage technology company, combines veteran industry expertise with Artificial Intelligence (AI) to create real, proven solutions that span the entire mortgage process. A vision for a more efficient, streamlined, borrower-centric mortgage process led Guaranteed Rate Founder and CEO, Victor Ciardelli to assemble an all-star team, invest in the latest technology and form Gateless. The solutions provided by Gateless incorporate the most powerful AI with patent-pending machine learning and machine-vision technology that help automate the mortgage process, increase productivity and lower costs. Visit gateless.com or email info@gateless.com to learn more.
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SOURCE Gateless | https://www.whsv.com/prnewswire/2022/04/28/gateless-promotes-bryan-jackson-chief-technology-officer/ | 2022-04-28T16:31:05Z |
NEW YORK, April 28, 2022 /PRNewswire/ -- Global X ETFs, the New York-based provider of exchange-traded funds (ETFs), today announced the launch of the Global X Metaverse ETF (VR). VR is Global X's latest addition to its Thematic Growth family, which offers investors targeted exposure to companies around the world driving long term, paradigm-shifting themes.
The metaverse, a set of virtual, three-dimensional real-time rendered spaces that can be experienced regardless of a user's physical location, provides an immersive experience with the opportunity to offer a new way of living through digital spaces. While the metaverse is still in its early days, the potential for monetization is large in areas such as virtual reality, augmented reality, semiconductors, and creator platforms and economies; and the opportunity may well exceed $1 trillion.i Important to the development of a thriving metaverse will be recognition that the metaverse is an immersive, real-time persistent economy. The metaverse can be as much a place of economic development as it can be a place for leisure and entertainment. It may take several years for fully formed, immersive metaverse experiences to become ubiquitous, but we believe that earlier stage investment opportunities are emerging already.
"Whether it's playing video games with friends, buying digital items, or consuming media, the wide-range of potential uses offered by the metaverse makes it a possible successor to today's internet. The metaverse's foundational infrastructure is in place and companies are increasingly vocal about their participation in its advancement, both in word and capital commitment," said Pedro Palandrani, Director of Research at Global X ETFs. "With the launch of VR, Global X is leveraging its expertise in thematic investing to provide investors exposure to companies that are positioned to benefit from the development and commercialization of the metaverse."
With an expense ratio of 0.50%, VR seeks to invest in "Metaverse Leaders" or companies involved in the following business activities: Augmented/Virtual/Mixed Reality and Spatial Computing, Creator Platforms, Creator Economy, and Digital Infrastructure/Hardware.
Tracking the Global X Metaverse Index, the fund will join the Global X Thematic Growth suite of over 35 ETFs and more than $18 billion in assets under management.ii
About Global X ETFs
Global X ETFs was founded in 2008. For more than a decade, our mission has been empowering investors with unexplored and intelligent solutions. Our product lineup features over 90 ETF strategies and over $40 billion in assets under management.iii While we are distinguished for our Thematic Growth, Income and International Access ETFs, we also offer Core, Commodity, and Alpha funds to suit a wide range of investment objectives. Explore our ETFs, research and insights, and more at www.globalxetfs.com.
Global X is a member of Mirae Asset Financial Group, a global leader in financial services, with more than $640 billion in assets under management worldwide.iv Mirae Asset has an extensive global ETF platform ranging across the US, Brazil, Canada, Colombia, Europe, Hong Kong, India, Japan, Korea, and Vietnam with over $80bn in assets under management.v
Media Contact:
Frank Taylor
Dukas Linden Public Relations
frank@dlpr.com
(646) 808-3647
Important Information:
Investing involves risk, including the possible loss of principal. The investable universe of companies in which VR may invest may be limited. The companies in which the Fund invests may be subject to rapid changes in technology, intense competition, rapid obsolescence of products and services, loss of intellectual property protections, evolving industry standards and frequent new product productions, and changes in business cycles and government regulation. International investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. VR is non-diversified.
Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
Carefully consider the fund's investment objectives, risks, and charges and expenses. This and other information can be found in the fund's full or summary prospectuses, which may be obtained at globalxetfs.com. Please read the prospectus carefully before investing.
Global X Management Company LLC serves as an advisor to Global X Funds. The Global X Metaverse Index is owned and was developed by Global X Management Company LLC for use by Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments.
i Global X analysis
ii As of 4/18/22
iii As of 4/04/22
iv As of September 2021
v As of 4/04/22
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SOURCE Global X Management Company LLC | https://www.whsv.com/prnewswire/2022/04/28/global-x-adds-its-thematic-lineup-with-launch-metaverse-etf-vr/ | 2022-04-28T16:31:12Z |
WASHINGTON, April 28, 2022 /PRNewswire/ -- Gun deaths outpaced motor vehicle deaths in 34 states and the District of Columbia in 2020, the most recent year for which data is available, a new analysis from the Violence Policy Center (VPC) reveals.
That year, gun deaths (including gun suicide, homicide, and fatal unintentional shootings) outpaced motor vehicle deaths (both occupant and pedestrian) in Alabama, Alaska, Arizona, Colorado, Delaware, District of Columbia, Georgia, Idaho, Illinois, Indiana, Kansas, Kentucky, Louisiana, Maryland, Michigan, Minnesota, Missouri, Montana, Nevada, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.
The analysis calls the numbers "shocking," recognizing the average American's exposure to motor vehicles as opposed to firearms. Nine out of 10 American households have access to a motor vehicle while approximately four out of 10 American households contain a gun.
In just over a decade, the number of states plus the District of Columbia where gun deaths exceed motor vehicle deaths has increased from just 13 in 2010 to 35 in 2020—a jump of 169 percent. Complete state-by-state tables showing firearm deaths and rates and motor vehicle deaths and rates for 2010 and 2020 are contained in the analysis. Data used for the analysis is from the WISQARS database from the Centers for Disease Control and Prevention's National Center for Injury Prevention and Control.
VPC Government Affairs Director Kristen Rand states, "Guns are the only consumer product the federal government does not regulate for health and safety. This lack of regulation allows the firearms industry to innovate to enhance lethality, continually increasing the firepower in civilian hands. The predictable result is more gun death and injury. Because of federal regulation, motor vehicle manufacturers must work to make their products safer. In contrast, because of their lack of regulation, gun manufacturers work to find ways to make their products deadlier."
In its conclusion, the analysis states, "Gun death and injury is an accelerating public health crisis fueled by an unregulated industry that works to develop increasingly lethal firearms and ammunition. It then touts this firepower in its marketing efforts. As with motor vehicles, until the gun industry is held accountable for the harm caused by its products only limited progress can be made to reduce firearms death and injury. Such measures would include comprehensive health and safety regulation of the firearms industry and repeal of the Protection of Lawful Commerce in Arms Act (PLCAA)."
To view the full analysis, please visit https://vpc.org/studies/gunsvsmotorvehicles22.pdf.
The Violence Policy Center is a national educational organization working to stop gun death and injury. Follow the VPC on Twitter and Facebook.
Contact: Sally Martinelli, 202-822-8200 x104, smartinelli@vpc.org
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SOURCE Violence Policy Center | https://www.whsv.com/prnewswire/2022/04/28/gun-deaths-surpass-motor-vehicle-deaths-34-states-district-columbia/ | 2022-04-28T16:31:18Z |
The Habit Burger Grill Opens in Sammamish, WA on May 4th
IRVINE, Calif., April 28, 2022 /PRNewswire/ -- The Habit Burger Grill, the California-based restaurant company renowned for its award-winning Charburgers grilled over an open flame, signature sandwiches, fresh salads and more announces the grand opening of a new location in Sammamish, WA. Located at 620 228th Ave NE, the fast-casual restaurant will serve up its 'Habit Hospitality' on May 4th.
Upon opening, the local restaurant will offer dine-in, takeout and drive-thru ordering. Curbside pick-up and delivery is available via The Habit Mobile App and online at order.habitburger.com. Convenient delivery is also available through DoorDash, Postmates and Uber Eats. Guests also have additional convenient ordering options including state-of-the-art indoor self-serve kiosks and ordering ahead via phone.
"At The Habit Burger Grill we are committed to serving up chargrilled goodness with genuine hospitality and we look forward to being part of the Sammamish community! Guests can look forward to enjoying our signature menu items like our award-winning Charburgers grilled over an open flame and handcrafted shakes, " said Iwona Alter, Chief Brand Officer at The Habit Burger Grill.
"We are thrilled to be opening The Habit Burger Grill here in Sammamish. We know the residents of Sammamish will be instant fans of our fresh, California flavor," said Abdullah Jaffrey, franchisee.
The Habit Burger Grill is California's best-kept secret, as it was recently named in Thrillist's list of "Underrated Burger Chains that Need to be in Every State!" With its cooked-to-order mantra, The Habit Burger Grill's open flame sears a distinctive smoky flavor into their famous Charburgers, fresh marinated chicken, sushi-grade ahi tuna and tenderloin steak. The Habit Burger Grill also offers family bundles at an unbeatable value, perfect for lunches or dinners on the go. Guests at The Habit Burger Grill can always count on freshly-made, handcrafted quality served up with genuine hospitality.
This Habit Burger Grill restaurant's dining room and drive-thru will be open Sunday - Thursday from 10:30am - 10:00pm and Friday - Saturday from 10:30am - 11:00pm.
Connect with The Habit Burger Grill on social media at facebook.com/habitburgergrill, instagram.com/habitburgergrill, twitter.com/habitburger, tiktok.com/@habitburgergrill, and youtube.com/habittube.
About The Habit Restaurants, Inc.
Born in Santa Barbara, California in 1969, The Habit Burger Grill is a burger-centric, fast-casual restaurant concept that specializes in preparing fresh, cooked-to-order chargrilled burgers and handcrafted sandwiches featuring grilled tenderloin steak, grilled chicken and sushi-grade ahi tuna cooked over an open flame. In addition, it features fresh handcrafted salads and an appealing selection of sides and shakes. The Habit Burger Grill was named the "best tasting burger in America" in July 2014 in a comprehensive survey conducted by one of America's leading consumer magazines, named in Thrillist's list of "Underrated Burger Chains that Need to be in Every State!" and featured in Newsweek's "America's Favorite Restaurant Chains 2022." The Habit Burger Grill has since grown to over 325 restaurants in 14 states throughout Arizona, California, Florida, Idaho, Maryland, Massachusetts, Nevada, New Jersey, North Carolina, Pennsylvania, South Carolina, Utah, Virginia and Washington as well as 13 international locations, seven in China and six in Cambodia. More information is available at www.habitburger.com.
The Habit Burger Grill Press Contact:
Autumn Communications, HabitBurger@autumncommunications.com
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SOURCE The Habit Burger Grill | https://www.whsv.com/prnewswire/2022/04/28/habit-burger-grill-brings-flavor-king-county-with-new-drive-thru-restaurant/ | 2022-04-28T16:31:25Z |
Firm's First European Product to be Traded on the SIX Swiss Exchange
ZURICH and NEW YORK and RIO DE JANEIRO, April 28, 2022 /PRNewswire/ -- Hashdex, a leading global crypto-focused asset manager, today announced the upcoming launch of the Hashdex Nasdaq Crypto Index Europe exchange-traded product ("ETP") ISIN CH1184151731. The firm's first European product will be available on the SIX Swiss Exchange under the ticker symbol SIX: HASH SW starting Monday, May 2, 2022.
The Hashdex Nasdaq Crypto Index Europe ETP (SIX: HASH SW) tracks the Nasdaq Crypto Index Europe™ (NCIE™), an index designed to measure the performance of the overall digital asset market while remaining reflective of the ETP listing standards at specified European exchanges. The NCIE was specifically designed to be dynamic in nature, broadly representative of the market, and readily trackable by both institutional and retail investors.
"The launch of HASH SW is a major milestone for Hashdex as we continue to deliver on our mission of providing global investors with access to the crypto asset class," said Marcelo Sampaio, Co-Founder & CEO of Hashdex. "With our strong European team led by European ETP and ETF expert Laurent Kssis, coupled with our experienced global team and our deep international relationship with Nasdaq, we are well-positioned to offer investors worldwide simple, secure, and regulated products that allow them to gain diversified exposure to the crypto ecosystem."
"Capturing the performance in the crypto assets using a financial instrument like an ETP can be highly challenging for institutional investors as many existing products have been based on single assets crypto exposure and that does not answer their investment objectives in a conventional portfolio allocation," said Laurent Kssis, Managing Director and Head of Europe of Hashdex. "We believe with this index and subsequently delivering this institutional-grade ETP, we have represented exactly what investors have been demanding by offering a product with diversified exposure that mitigates risk in crypto assets. With the support of Nasdaq, Hashdex is incredibly well-positioned to service the needs of investors with efficient strategies."
Digital assets are eligible for inclusion in the NCIE if they satisfy specific criteria in line with current qualified requirements, including meeting a minimum standard of liquidity and trading volume, as well as being supported by digital asset exchanges and custodians approved by Nasdaq. The NCIE currently includes the following assets:
- Avalanche
- Bitcoin
- Cardano
- Ethereum
- Litecoin
- Polkadot
- Polygon
- Solana
"NCIE is an adaptable, rules-based industry benchmark that can accurately represent the investable cryptocurrency market and continue to evolve with the digital assets landscape," said Jake Rapaport, Head of Digital Asset Index Research, Nasdaq. "We are pleased to work with Hashdex offering European investors the ability to efficiently and securely incorporate crypto into their investment strategies."
Providing Thematic Crypto Exposure Globally
Hashdex and Nasdaq have a deep and long-standing relationship as partners in the crypto space, having previously co-developed the Nasdaq Crypto Index™ (NCI™), which benchmarks the institutionally investable crypto market. The NCIE is an extension of the effective methodology established by the NCI, and has been refined in line with European eligibility requirements at SIX and XETRA. This product launch is an important milestone in Hashdex's commitment to building a family of NCI products that will provide investors with access to a full spectrum of digital assets tailored to the regulatory requirements of their respective regions.
Mr. Kssis added: "Having recently begun establishing our presence in Europe, the launch of SIX: HASH SW is a natural next step in Hashdex's commitment to serving the region. We are excited to offer this innovative new product to European investors, who will benefit from Hashdex's expertise as a basket specialist and provider of thematic exposure."
About Hashdex
Hashdex is a global pioneer in crypto asset management. Hashdex's simple and secure financial products invite innovative investors to join the emerging crypto economy. Hashdex's mission is to provide educational resources and best-in-class products that advance its efforts to build pathways to prosperity by opening the crypto ecosystem to the world. The firm co-developed the Nasdaq Crypto Index™ (NCI™) with Nasdaq to provide global investors with a reliable benchmark for the crypto asset class. In 2021, Hashdex introduced the world's first crypto ETFs, enabling over 260,000 investors to simply and securely add crypto to their portfolios. For more information visit www.hashdex.com.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.
Media Contacts:
Kendal Till/Josh Gerth
Dukas Linden Public Relations
Hashdex@DLPR.com
Jack S. Song
Hashdex
jack.song@hashdex.com
Disclaimer:
This document qualifies as advertisement within the meaning of article 68 of the Swiss Financial Services Act and/or article 95 of the Swiss Financial Services Ordinance and is not a prospectus, basic information sheet (BIB) or a key information document (KID). Any prospectus (in connection with an offer to the public or admission to trading) and/or any BIB or KID (for a product which was meant to be offered to retail clients), in each case if applicable and/or available, of financial instruments described in herein, from the date of its publication (which may be before, on or after the date of this document) and subject to applicable securities laws, is available from Hashdex AG.
Nasdaq® is a registered trademark of Nasdaq, Inc. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security, digital asset or an overall investment strategy. Neither Nasdaq, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or digital asset or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies or Nasdaq proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
© 2022. Nasdaq, Inc. All Rights Reserved.
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SOURCE Hashdex | https://www.whsv.com/prnewswire/2022/04/28/hashdex-announces-launch-hashdex-nasdaq-crypto-index-europe-etp/ | 2022-04-28T16:31:31Z |
Cruise line bar menu on new ship, Rotterdam, beats top restaurants, hotels and casinos
SEATTLE, April 28, 2022 /PRNewswire/ -- Holland America Line took home a win for "Best Beverage Menu' for its newest onboard bar — Half Moon Bar — at the 2022 VIBE Vista Awards that were presented during the VIBE (Very Important Beverage Executives) conference this week in Carlsbad, California. The award spans the entire beverage industry and competition included a collection of restaurant groups, hotel chains, casinos and more.
Holland America Line's Half Moon Bar is a new concept for the brand that was exclusively introduced aboard its most recent ship, Rotterdam, which launched in November 2021. The venue is an immersive experience looking at the history of Holland America Line and cruising through the lens of a cocktail. Each drink comes with a fascinating tale of its inspiration that is vividly described in the bar menu for guests to peruse.
"Holland America Line has a rich history of nearly 150 years, and with Half Moon Bar on Rotterdam we wanted to create a bar concept that celebrates our story with an immersive menu, and it's quickly become the most popular bar on board," said Michael Smith, senior vice president, guest experience and product development for the cruise line. "We are honored to be named best beverage menu for Half Moon Bar, selected from across the beverage industry, and we thank the panel from Johnson & Wales University for recognizing our commitment to giving our guests an exceptional experience."
The creative cocktails at Half Moon Bar aim to take guests back in time, on a journey though Holland America Line's history. Drinks on the menu include:
- "The Original" celebrates the line's first ship, Rotterdam I, made with a Dutch gin and a hint of single malt Scotch, ingredients inspired by the building of the ship and Holland America Line's Dutch beginnings.
- "De Halve Moon" is an ode to the Dutch sense of exploration and the botanical wonderland Henry Hudson found in present-day New York, made with Old Duff genever, lemon rosewater shrub and DDG Bitters.
- "Three Mile Run" is a prohibition cocktail that tells the story of Holland America Line Prohibition-era cruises to nowhere for New Yorkers, where cocktail bars on the ship could be legally open. It is made from a combination of lemon, honey and gin for a Bee's Knees, whiskey for a Gold Rush or rum for a Honey Bee.
- "May She Be Blessed" is an ode to the godmothers who bless the Holland America Line ships, made with champagne and a choice of essence.
- "Rotterdam VII" is dedicated to its namesake ship and the ship's unique blend of tradition and innovation, made with smoked gin and maraschino cocktail.
The VIBE Vista Awards recognize the top performers in the beverage industry through the creation, training, execution, management and on-going positive results of beverage programs. Entries were reviewed by a panel of Johnson & Wales University beverage faculty, staff and alumni and were judged on positive beverage sales initiatives, efficient operational innovations and training and service programs producing high quality standards. VIBE Conference is the premier annual event for chain and hotel adult beverage executives and suppliers.
For more information about Holland America Line, consult a travel advisor, call 1-877-SAIL HAL (877-724-5425) or visit hollandamerica.com.
Find Holland America Line on Twitter, Facebook and the Holland America Blog. Access all social media outlets via the home page at hollandamerica.com.
About Holland America Line [a division of Carnival Corporation and plc (NYSE: CCL and CUK)]
Holland America Line has been exploring the world since 1873 and was the first cruise line to offer adventures to Alaska and the Yukon nearly 75 years ago. Its fleet of premium ships visits nearly 400 ports in 114 countries around the world, offering an ideal mid-sized ship experience. A third Pinnacle-class ship, Rotterdam, joined the fleet in July 2021.
The leader in premium cruising, Holland America Line's ships feature innovative initiatives and a diverse range of enriching experiences focused on destination exploration and personalized travel. The best live music at sea fills each evening at Music Walk, and dining venues feature exclusive selections from Holland America Line's esteemed Culinary Council of world-famous chefs.
CONTACT: Bill Zucker, Erik Elvejord
PHONE: 800-637-5029, 206-626-9890
EMAIL: pr@hollandamerica.com
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SOURCE Holland America Line | https://www.whsv.com/prnewswire/2022/04/28/holland-america-line-wins-best-beverage-menu-new-concept-half-moon-bar-2022-vibe-vista-awards/ | 2022-04-28T16:31:37Z |
BEIJING, April 28, 2022 /PRNewswire/ -- Founded in 2020, Huatai International Private Equity Fund ("HTPE") is the USD private equity fund management platform launched by Huatai Securities, one of China's largest financial conglomerates who just celebrated its 30th birthday.
As the debut dollar-denominated blind-pool fund, HTPE focuses on mid-to late-stage growth equity and mid-market buyout investment opportunities in China and beyond, covering semiconductor, technology, healthcare, as well as consumer sectors.
Although born at a difficult time amidst the pandemic, HTPE's fundraising was not affected by the melancholy of the market. It receives commitments from prestigious institutional investors and high-net-worth individuals around the globe, including large insurers, corporates and family offices.
Just within one-year stint, HTPE has already notched up several remarkable investments in industry-leading companies such as LiDAR sensor company Hesai Technology, MEOL semiconductor foundry house SJ semi, automotive chipmaker Semidrive and single-use bioreactor manufacturer JYSSBIO.
"The establishment of this fund is a new venture for both Huatai and myself," said Yang Lei, Managing Partner of HTPE, "We are a value-added investor who are fully equipped with broader capabilities and resources to underpin the growth of innovative companies in varied industries. We contribute professional expertise and multi-level support to help companies realize their full potentials, growing into industry leader in China and internationally. HTPE is well positioned for continued momentum to capture the boundless opportunities with industrial innovation and upgrading in China and beyond."
Extensive transaction, operating and strategic expertise across whole industry chain
The fund is comprised of a diversified high-caliber team with deep industry background and professional investment capabilities. Via its "Capital boosts Industry" investment philosophy, HTPE dives into every link of the whole industry chain, seeks to understand the structural economic and industrial shifts caused by mega trends, and translates the structural opportunities into tangible support to its portfolios as well as China's economy.
Since 2020, the unexpected changes of domestic policies and international situations have brought China's semiconductor industry back into the spotlight. Under such circumstance, HTPE invested in SJ Semiconductor Corp. (SJ Semi), one of the leading companies in the advanced packaging localization.
"We believe that China's semiconductor packing market is going to resume its world leading growth and even achieve a higher level in the near future, as a result of rejuvenation of global supply chain and the incremental market demand brought by emerging applications such as 5G, automotive electronics and smart wearable devices," said Yang Lei.
While in healthcare, long before domestic pharmaceutical companies became highly concerned about the domestic replacement of bioreactors and pharmaceutical equipment, HTPE had completed its investment in JYSSBIO, a leading Chinese biopharmaceutical upstream company, which validates the strength of its investment strategy and leading capabilities in healthcare industry.
Integrated support to portfolio companies through full cycle of corporate lifespan
HTPE differentiates itself as a farsighted pure-play investor with capabilities covering through growth equity, M&A integration, to post-IPO public market, providing deep insight and multi- dimensional support to its portfolio companies for the whole capital market lifecycle.
The team understands the unique and often complex needs of today's entrepreneurs throughout all the phases of their corporate development to help them navigate the maze of growing complexity, fierce competition and fragmented markets. This allows the fund to deliver innovative and bespoke solution supports during different phases, helping grow grand visions into great companies.
As the USD investment platform of China's top financial group, HTPE is buoyed by Huatai's full-suite financial businesses and enjoys its well-established resources and networks, not only for growth equity and buyout investment, but also for IPO advisory backed by investment banking team, M&A opportunities for horizontal or vertical integration or even spin-offs that are adapted to different phases of its portfolio companies.
One such demonstration is its investment in Hesai Technology, a global leader in LiDAR sensors for autonomous driving and smart vehicle. In mid-2021, HTPE took part in Hesai's over US$370 million Series D financing, together with a number of first-tier PE houses and industry giants including Xiaomi Group, Hillhouse Venture, Meituan and CPE. As a key strategic partner of Hesai, HTPE provided operational value-add through introducing downstream OEM customers, fostering key industry collaboration and partnerships, as well as advising on Hesai's IPO plan together with Huatai's investment banking division.
In addition, HTPE invested in Semidrive Semiconductor during Q3 2021, a highly reputable company in the automotive chip industry who has made notable progress by HTPE introducing significant national-level investors and industry endorsement which facilitate the rapid growth of its R&D and manufacturing.
Global vision across the international ecosystem
As a technology-driven securities group listed in Shanghai, Hong Kong and London who also successfully acquired AssetMark and completed its spin-off listing in the United States, Huatai has built a reputation of innovation and entrepreneurial spirit with global vision. The precedent US$630 buyout deal of Norwegian largest furniture manufacturer Ekornes, partnered with Qumei Home Furnishing Group, is a testament to Huatai's international footprints in private equity investment. This deal set record among Chinese financial institutions in terms of both transaction scale and overseas influence.
Founded with the legacy of Huatai's global vision and extensive network in international capital markets, HTPE is uniquely inherited with cross-border capabilities to foster the expansion of its portfolio companies from different dimensions.
With global network of internal and external professionals across international value chain, HTPE is dedicated to back the next-generation innovative technologies and business models reshaping its target market, and leverage its unique access to both Chinese and overseas resources as well as in-depth market understanding with international ecosystem.
"There is tremendous opportunity for PE investment with China's developing economy and technology innovation, and we look forward to bringing our unique offering to a market that is well positioned for long-term growth. The rapid growth we have achieved so far demonstrates our sizable long-term capital base, solid experience in sourcing and structuring transactions, as well as advanced management techniques," said Yang Lei at HTPE's AGM held in last December, "underpinned by Huatai's global platforms and financial resources across different sectors, we are uniquely well-positioned among Chinese PE investors, offering bespoke add-on value to our portfolio companies. We remain steadfast in our ambition to build a thriving ecosystem to integrate capital with industry, as a pioneer with best practices among international private equity brands."
About HTPE
Huatai International Private Equity Fund ("HTPE") is a USD private equity fund under Huatai Securities, one of China's largest financial conglomerates. HTPE is focused on mid-to late-stage growth equity and mid-market buyout investment opportunities in China and beyond, covering healthcare, semiconductor, deep tech, TMT, and consumer sectors. The core investment team is comprised of investment veterans with more than ten years of experience in private equity and capital markets. Leveraging on Huatai's solid platforms and networks in China and worldwide, HTPE utilizes a unique multi-pronged strategy and integrates its global best practice, broad know-how, deep industry understanding, as well as comprehensive local expertise and experience to capture high growth potential across a variety of sectors, to identify and work with top-notch companies with promising capabilities at different stages.
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SOURCE Huatai International Private Equity Fund (HTPE) | https://www.whsv.com/prnewswire/2022/04/28/htpe-debut-usd-denominated-private-equity-investment-arm-under-huatai-securities-is-poised-continue-its-strong-momentum-reach-new-milestones-across-variety-sectors/ | 2022-04-28T16:31:43Z |
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