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In Indiana, restaurants and bars are shuttered, schools are closed, and like much of the country, people are being ordered to stay home.
The Indiana Historical Society is trying to document what it's like to live in this time, and have asked the public to help.
"We thought, this is a period of time people are going to study for centuries," says Jody Blankenship, president of the Indiana Historical Society. "And we need to collect the voices of our community right now."
The historical society is asking the public to submit videos, photos, recordings, art or writing that will help tell the story of the pandemic.
We have collected items that document Indiana’s past since 1830. Right now, we are all grappling with a unique historical moment. We want to add your story of how you and your family are experiencing the current “new normal.” Share your stories here: https://t.co/edFgqJSFvs
— Indiana Historical Society (@IndianaHistory) March 25, 2020
The Indiana Historical Society is one of several institutions around the country that has started thinking about recording oral histories or collecting items related to the coronavirus pandemic, an approach known as "rapid-response collecting."
At the Indiana Historical Society, a few hundred submissions have streamed in so far.
Jenny Larson sent a video of her four kids, sitting on the couch after lunchtime, performing a song they wrote, with lyrics such as:
"The social distancing makes us feel sad because we want to see our friends real bad. And now we're staring only at our screens, because we're stuck in this quarantine."
Liberty Bible Church in northwest Indiana submitted a virtual devotional.
Principal Robert Lugo of North Elementary School in Noblesville, Ind., uploaded a video of his decorated car as he prepared to set off on a parade of teachers for students stuck at home.
Indianapolis resident Rafia Khader sent an oral history. In it, she said she is thinking about her parents a lot.
"Instead of my dad checking in on me every weekend, the roles now have reversed," she said. "I'm checking in on them almost daily."
The submissions will join the millions of other documents and artifacts in the historical society's archives.
"It's the aggregation of all these individual stories and experiences that create this very rich narrative that tells us who we are and what we value," Blankenship says. "Without everyday people's history, my history, your history, we don't get those nuances that tell the full story."
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wyomingpublicmedia.org/2020-04-10/indiana-historical-society-begins-building-a-coronavirus-collection | 2022-09-01T02:28:12Z |
April is National Poetry Month. All this month, we've been asking listeners to tweet us their poems. Each week, we enlist a celebrated poet to help us read through some of the submissions. Click the audio link to hear poet Jane Hirshfield read a handful of her favorites.
In unpredictable times, poetry can offer much needed reassurance, says poet Jane Hirshfield.
"In a way, a poet is quite prepared for a pandemic," Hirshfield says in an interview with NPR's All Things Considered, "because we're always trying to look into the most difficult things and find a way to navigate to a deeper relationship to those events."
As the first shelter-in-place orders were being rolled out in California, the Bay Area poet exercised that preparation. She wrote a poem that appeared in the San Francisco Chronicle, titled "Today When I Could Do Nothing," which offers a slice of the socially-distanced life.
Hirshfield's ninth book of poems, Ledger, came out last month. You can read an excerpted poem from the new collection below.
"Vest" by Jane Hirshfield
I put on again the vest of many pockets.
It is easy to forget
which holds the reading glasses,
which the small pen,
which the house keys,
the compass and whistle, the passport.
To forget at last for weeks
even the pocket holding the day
of digging a place for my sister's ashes,
the one holding the day
where someone will soon enough put my own.
To misplace the pocket
of touching the walls at Auschwitz
would seem impossible.
It is not.
To misplace, for a decade,
the pocket of tears.
I rummage and rummage—
transfers
for Munich, for Melbourne,
to Oslo.
A receipt for a Singapore kopi.
A device holding music:
Bach, Garcia, Richter, Porter, Pärt.
A woman long dead now
gave me, when I told her I could not sing,
a kazoo.
Now in a pocket.
Somewhere, a pocket
holding a Steinway.
Somewhere, a pocket
holding a packet of salt.
Borgesian vest,
Oxford English Dictionary vest
with a magnifying glass
tucked inside one snapped-closed pocket,
Wikipedia vest, Rosetta vest,
Enigma vest of decoding,
how is it one person can carry
your weight for a lifetime,
one person
slip into your open arms for a lifetime?
Who was given the world,
and hunted for tissues, for ChapStick.
Ledger copyright 2020 by Jane Hirshfield. Used by permission of Alfred A. Knopf, a division of Penguin Random House, LLC, New York. All rights reserved. No part of this excerpt may be reproduced or reprinted without permission in writing from the publisher.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wyomingpublicmedia.org/2020-04-26/a-poet-is-quite-prepared-for-a-pandemic-says-ledger-author-jane-hirshfield | 2022-09-01T02:28:19Z |
MICHEL MARTIN, HOST:
From the policy to the personal now. If you've ever had a loved one in the hospital, then you know how important it can be to have a trusted advocate close by. But the COVID-19 pandemic has made that impossible. Sarah Hulett of Michigan Radio reports on how families are trying to cope.
SARAH HULETT, BYLINE: Monique Baker McCormick had a hard time getting her dad to agree to go to the hospital. She says he could barely stand but would not get in her car. Eventually, he relented. McCormick, who's a county official in Detroit, took him to nearby receiving hospital.
MONIQUE BAKER MCCORMICK: Once I got in the back, they told me I couldn't be there and that I had to leave. It's scary. It's scary for him, and I could see it in his eyes.
HULETT: That was Day 1. Day 2, she heard nothing. That was her dad's birthday. He turned 74. She says those two days were the hardest - the not knowing. Day three, she tracked down somebody who told her her dad was stable. But his room didn't have a phone, so she couldn't talk to him. She kept calling her dad's doctor, not getting an answer. She's watching the news. It's all death and dying. On Day 5, she got ahold of his doctor. He sent her a picture of her dad.
MCCORMICK: Oh, it was just, like - just a wonderful feeling just to see him and know that he's still with us.
HULETT: McCormick finally got some even better news. Her dad came home. Across the country, Kecia Kelly is nursing division chief for Dignity Health, which runs seven California hospitals, including Saint Francis in San Francisco. She's written about the importance of patient visitation.
KECIA KELLY: When patients are sick and they're in crisis, they're not always hearing everything that we're telling them. You know, they may nod and acknowledge that they're hearing us, but it doesn't mean that they hear us. It doesn't mean that they truly understand us. And so family advocacy is very important in that very space.
HULETT: Saint Francis Hospital made that easier after a foundation bought iPads for patients to connect to their families. Kelly says that's helped, especially for patients without cell phones. She urges anyone with a loved one in the hospital to demand daily communication.
KELLY: Say, I'd like to have a conference with you and maybe the nurse, the social worker and the case manager. And I'd like to have a conversation about, what is the plan of care for my loved one?
HULETT: A lot of families designate one person to navigate care and talk to medical staff. Biba Adams is that person in her family. Adams rushed her mom to the hospital in late March. She was later diagnosed with COVID-19. Adams says one thing that's helped her is to call the hospital at the same time every day.
BIBA ADAMS: It shouldn't be, like, a whole bunch of people calling up there, just letting it be one person who calls. Let them know that person by name. You know, that really - I think that's helping our families.
HULETT: On the very same day Adams brought her mom to the hospital, her grandmother was admitted, too. She died about a week later. Biba Adams says coronavirus also killed her aunt.
ADAMS: I think that the thought of losing so much of my family history at one time - that started hitting me today.
HULETT: Four weeks into her hospital stay, Biba Adams' mom died. Biba's an only child. She says there won't be a service. I will do something as I see fit when I feel it is right to, she wrote on Facebook. She says she would like to see a citywide memorial service in Detroit, where the virus has killed hundreds and hundreds of people.
For NPR News, I'm Sarah Hulett in Detroit.
(SOUNDBITE OF THIS WILL DESTROY YOU'S "THEY MOVE ON TRACKS OF NEVER-ENDING LIGHT") Transcript provided by NPR, Copyright NPR. | https://www.wyomingpublicmedia.org/2020-04-26/families-on-outside-try-to-advocate-for-hospitalized-loved-ones | 2022-09-01T02:28:25Z |
MICHEL MARTIN, HOST:
By now you've probably seen demonstrations popping up around the country against stay-at-home orders issued by government officials in an effort to stop the spread of the coronavirus. And you've also seen that many of these demonstrators are refusing to follow the guidelines laid out by officials - to avoid large gatherings, to say 6 feet apart, wear face coverings and the like. Well, some people say they're demonstrating because they can't afford to shut their businesses or stop going to work. Others are making the point that these demands violate their freedom.
And we wanted to dig into those arguments for a few minutes, which are generally described as libertarian. We wanted to get a libertarian perspective on this from someone who also has a background in health policy. And that led us to Michael Cannon, who is the director of health policy studies at the Cato Institute, which is based here in Washington, D.C. Michael Cannon, welcome. Thanks so much for joining us.
MICHAEL CANNON: Thanks for having me.
MARTIN: Now, the Cato Institute says it's dedicated to the principles of individual liberty, limited government, free markets and peace. So as briefly as you can, what is the role of the government in a health crisis like this one according to those principles?
CANNON: Well, it's the same as the role of government when there isn't a health crisis, which is to protect us from people who would do us harm. And when there is a deadly contagious disease that is spreading throughout the public, there can be a role for government to take additional steps that it wouldn't take during ordinary times in order to prevent people from harming each other with that deadly virus. Now, what those steps are is a different question, a very complicated one. But most libertarians do agree that there is a role for government to play in a pandemic.
MARTIN: So let's talk specifically about the government orders mandating the use of masks in certain situations like grocery stores or pharmacies, these social distancing mechanisms. Is there something wrong with that in your view?
CANNON: Well, it's a very difficult balancing act because nobody knows just how deadly it is. Nobody knows just how much additional good each of these individual measures that the government wants to implement are going to do in terms of reducing the incidence of transmissions of this deadly disease versus how much harm those measures will do in terms of harming people's livelihoods or even leading to interactions with police that could themselves lead to harmful situations.
MARTIN: So you're familiar with the expression your right to swing your fist ends at my nose. So an infection is an assault on the body. So why shouldn't the government be able to ask people or even require people to take these minimal steps to avoid assaulting other people with this virus?
CANNON: It should take steps to do that, but you have to keep in mind that what we're talking about are decisions and costs and benefits that are occurring at the margin. Now, what I mean by that is if you look at the data from Google about how much people are moving around or social distancing, you'll find that before the government issued any of these orders that people had to shelter in place, stay at home or shut down businesses, businesses were telling people to work from home. People were avoiding each other. So the question becomes, given the responses that people are going to undertake on their own, what marginal benefit is the government going to be able to yield by issuing a stay-at-home order or requiring people to wear masks? Because it may not reduce transmission very much at all if people are already doing all of those things themselves.
MARTIN: We've already seen some of these demonstrators in Wisconsin. There were thousands of people who were at these rallies who did not undertake any of the self-protective measures that the government has asked them to take. So then how can you say that if the government were merely to suggest these things, people would do it?
CANNON: Well, I'm not sure that everyone would. But there is something to be said for the government might get more people to comply if it were asking or suggesting rather than mandating.
MARTIN: But isn't the government's mandate part of a social contract? What the government is saying is that we expect people to have some mutual obligation at this moment. In exchange for that mutual obligation, I mean, that is why the government is offering, say, financial support for individuals who have been harmed by this. I mean, is what you're saying, we should wait and see? I mean, is that what a President Cato would do, a President Cannon - Michael Cannon would do, just say wait and see what happens? Is that really what you're saying the libertarian principle would suggest?
CANNON: I would not say take a wait-and-see approach. What I would do is I would want the government to very - and I have advocated that the government do more to gather the information we need so that the governors can make careful decisions about how to reduce the harm of both the virus and the efforts to contain it.
MARTIN: That was Michael Cannon, who is the director of health policy studies at the Cato Institute here in Washington, D.C. That's a libertarian research and advocacy organization, a think tank. Michael Cannon, thanks so much for talking to us.
CANNON: Thanks for having me. Transcript provided by NPR, Copyright NPR. | https://www.wyomingpublicmedia.org/2020-04-26/libertarian-perspective-on-governments-role-in-health-crisis | 2022-09-01T02:28:32Z |
MICHEL MARTIN, HOST:
States have been making their own decisions about how to confront the coronavirus pandemic - whether to shut certain businesses down and for how long. And now they're making their own decisions about when and how to reopen. So we're going to hear from a governor who is in that process, Nebraska Governor Pete Ricketts. He is a Republican. He was first elected in 2015.
The state hasn't had nearly as many confirmed cases or death from COVID-19 as other states, but confirmed cases of infections have been increasing among workers in at least one of its meat-processing plants, so we wanted to hear about how the governor is thinking all this through.
Governor Ricketts, thanks so much for talking to us.
PETE RICKETTS: My pleasure. Thanks for having me on.
MARTIN: The department of - your Department of Health and Human Services tweeted that as of yesterday evening, the state had 53 confirmed COVID-19-related deaths and a total of 2,732 cases. Now, you've said you're planning to try to begin reopening businesses and getting back to a more normal schedule on May 4. What gives you the confidence that that is the right date, and this is the right time?
RICKETTS: Well, what we're looking at is what's happening to health care systems. When we put our plan together at the beginning of March, that's what our public health experts and our folks, our resources at the University of Nebraska Medical School Center told us - is, you know, what you're doing is you're slowing down the spread of the virus so that it doesn't all peak at once, and all these people don't flood your hospital system and need to get that hospital bed, that intensive care unit bed or that ventilator, and you can't provide it.
And so that's what has really been my North Star on this - is OK, if we're keeping our hospital system in place, then we're doing the right things. You know, this is a virus. We can't stop it from coming, right? We have flu season every year. But we can slow it down so that we can make sure we build up that capacity, that we can build up the PPE and all the things to be able to take care of people.
And so when I look at Omaha, and I say, jeez, when we've got, you know, over 40% of our hospital beds are available, over 40% of our ICU beds available and 75% of our ventilators are available in our biggest metropolitan area, then we can start loosening some of the restrictions. We're just going to do this a step at a time to make sure that we watch very closely what happens because if it looks like we're starting to see more people going to use those resources, than we may have to slow it down a little bit.
But if we can take this step and keep (unintelligible) relatively stable, then maybe the latter half of May or in early June, we can take another step.
MARTIN: So we know that meat processing is a big part of Nebraska's economy. It's obviously something that the rest of the country appreciates as well, right?
RICKETTS: Yeah.
MARTIN: But other states have seen meat processing plants become hotspots of infection. It's been reported that in Dakota County, which is home to a Tyson plant, it's - there's been reported 133 new COVID-19 cases as of last week, bringing the total to 246. Do you have a role in ensuring the safety of the workers there and the communities in which they live? What steps is the state taking? Do you feel you have a role here?
RICKETTS: Yeah, absolutely. So we are working very closely with our local public health departments and the companies themselves to be able to establish - for example, I've got weekly calls with all our food processors here in the state of Nebraska to be able to share best practices and talk about what's going on in each of the different counties.
In fact, the University of Nebraska Medical Center has actually created a meat-processing facility COVID-19 playbook to be able to distribute to everybody in this industry so that they can start following these best practices. And now that playbook has actually been distributed to Iowa and Missouri as well.
And last week, they did a survey of all the meat processors to kind of determine what steps they were taking. You know, for example, you know, all of them had implemented social distancing strategies during breaks, instituted screening processes, instituted flexible workplace and sick leave policies. There was areas for improvement.
But we've also sent our experts out to visit the plants and walk in to say, hey, OK. Look at your air handling systems. You can probably do this a little bit better here. Or you need more sanitizing stations here and here, or you need to be cleaning these surfaces more frequently.
MARTIN: Forgive me, Governor - some employees have reported, though, that they don't think that the nature of the work does lend itself to social distancing. Do you think that that might be true? And if so, what do you do then?
RICKETTS: Oh, there's lots of challenges to be able to make - do social distancing, not just at the plant but also in the home life. And so we're tackling that as well by working with our health clinics, our public health departments. I do actually now two days a week Spanish-language press briefings to be able to help get that message out.
So there's multiple facets to this that we have to address. The plants themselves are not, you know, the sole cause of the problem here because they're concentrated, yes, and they're taking such a social distance. But the entire spectrum of everything we've got to address is got to be working there, too, from the language to the home life and everything.
MARTIN: There are governors, including some Republican governors, who - like yourself who've felt that this has just been much more of a Wild West experience than they feel that it should have been. They feel that there should have been much more sort of coordination. It sounds like you're handling this on on your own, and - as most of these governors, frankly, are. But do you think that that's true? Do you think that there should have been more federal coordination of this?
RICKETTS: Well, I've been living through this just like everybody else. And hindsight is always 20/20. There were things two months ago that I knew now, I would do things differently. But that's called experience. Let's go back and remember - as late as January 20, both the WHO and the Chinese Communist Party said there was no human-to-human transmission. So if you think back to January, and the entire world believes there was no human-to-human transmission of this, then what steps do you take, right?
So I think people who want to say, well, there should have been more coordination - well, yeah, in an ideal world, you would have loved to have more coordination. Well, let's remember that nobody was really expecting this to be a big deal. Let's go back to H1N1 a decade ago. The United States government spent billions of dollars on PPE that nobody used. You know, the United States government bought a bunch of PPE, which we actually benefited from now, right? Because that's what they distributed out through the strategic national stockpile.
But that was - everybody thought it was going to be a big deal, and it turned out to be nothing. So I think it's hard to go back and say you'd like to have better coordination when nobody really knew what this is going to be like.
MARTIN: Well, with respect, Governor, though the national security agencies did report another coronavirus epidemic was likely and reported all of these things. And also, there are American scientists working with the WHO who also did report to national authorities that they were deeply concerned - that they said that the story that they were - that was being reported was not accurate. So there were people who reported this, and there were American intelligence officials who have predicted this for a long time. So I just - respectfully, I just feel like I have to say...
RICKETTS: Michel, that's exactly the point, right? Four years ago, they reported that there was a virus coming. Well, OK. So we waited for four years. And, you know, over four years, the vigilance of having that ready to go, what are we going to do turned out to be nothing for four years until it turned out to be something.
MARTIN: You talked about this earlier. I just wanted to get you to tell me again. Like, what's your North Star here? Like, what is guiding you as you make these decisions? Because, you know, there's no shortage of advice and information coming from lots of different quarters here. How would you describe what you're going to be paying attention to as you go forward?
RICKETTS: So the whole point of everything we do with regard to social distancing and the restrictions we put in place is to slow the spread of the virus so that you do not overwhelm your health care system. It's a virus. We can't stop it from coming. It's coming. We can slow it down to make sure that everybody who needs that hospital bed or that ventilator can have access to it when they need it. That's what we're focused on. So as long as we're doing that, we're winning.
MARTIN: All right. That is the governor of Nebraska, Pete Ricketts.
Governor, thank you so much for talking to us. I hope we'll talk again.
RICKETTS: Great. Thanks a lot, Michel. I appreciate having me on. Transcript provided by NPR, Copyright NPR. | https://www.wyomingpublicmedia.org/2020-04-26/nebraska-governor-on-decision-to-partially-reopen-state-in-may | 2022-09-01T02:28:38Z |
MICHEL MARTIN, HOST:
It's 1938 in Los Angeles. America's first freeway is about to be built. Throw in a demon, a saint and a Mexican American family, and you have some of the many elements of the TV show "Penny Dreadful: City Of Angels," which premieres tonight on Showtime. NPR's Mandalit del Barco tells us about it.
MANDALIT DEL BARCO, BYLINE: This "Penny Dreadful" series is a real mash-up - a murder mystery, a supernatural drama and a somewhat fictionalized history of LA. its lead characters are Tiago Vega, a Mexican American rookie detective, and his OG Jewish partner, played by Nathan Lane. There's also a charismatic radio evangelist, a crooked city councilman, zoot-suited pachucos - oh, and Nazis in LA.
JOHN LOGAN: Look. Our show is set in 1938. It is about 2020 - you know, because the sort of ideas that were in the air now are parallels to what was happening then.
DEL BARCO: John Logan is the show's creator, writer and executive producer. We met him on the set of "Penny Dreadful" before COVID-19. At that time, Logan said he wanted his show to depict Los Angeles terrorized by the monsters of demagoguery, discrimination and gentrification.
(SOUNDBITE OF PAPER UNROLLING)
DEL BARCO: To illustrate how the city developed, Logan pulled down a map of 1938 Los Angeles overlaid with today's modern freeways.
LOGAN: And the first thing you notice are the blood-red slashes that are our freeways - the 10, the 405, the 101, the 110 - and how they have divided up what was once a free-form, open city into little areas.
DEL BARCO: Logan said he wanted to show parts of LA rarely depicted on TV, and he did all the research himself. At Melody Ranch studios, where many a Western movie was shot, he showed us elaborate sets. His crew had recreated a Mexican American boulevard in downtown LA and an entire barrio.
LOGAN: This is the heart of our show - is Belvedere Heights, where the Vega family lives. If you look around, it feels sun-baked. It feels poor. It feels desperate. It feels real. You know, this is where the Arroyo Seco is coming - the 110 freeway right here.
DEL BARCO: Right through the middle of this whole community.
LOGAN: Right through the church.
DEL BARCO: The new freeway destroying the barrio is just one of the many subplots. Logan also adds supernatural elements into the mix, as he did with the first "Penny Dreadful" series that featured Frankenstein and Dorian Gray in Victorian London. This time, Logan created a demon named Magda. She saunters around in different guises, whispering in people's ears to cause death and destruction.
(SOUNDBITE OF TV SHOW, "PENNY DREADFUL: CITY OF ANGELS")
UNIDENTIFIED ACTOR #1: (As character, singing in Spanish).
DEL BARCO: The fictional Magda has a sister who is an actual Mexican folk saint, la Santa Muerte, who carries spirits away to the afterlife.
(SOUNDBITE OF TV SHOW, "PENNY DREADFUL: CITY OF ANGELS")
ADRIANA BARRAZA: (As Maria Vega, speaking Spanish).
DEL BARCO: Actress Adriana Barraza plays Maria, the patriarch of the Vega family, who summons la Santa Muerte for protection.
BARRAZA: I have compassion for (unintelligible) because Santa Muerte is so sad all the time. It's so clear that Magda, her sister is the other side.
DEL BARCO: The sisters touch the lives of almost everyone on the show, including a German American doctor who is a Nazi sympathizer. They also change the destinies of Maria's three sons - a union organizer, a gang member and an LAPD detective.
(SOUNDBITE OF TV SHOW, "PENNY DREADFUL: CITY OF ANGELS")
BARRAZA: (As Maria Vega) You are the first Chicano detective in the Los Angeles Police Department. You wear that badge proudly.
DEL BARCO: Daniel Zovatto plays Tiago Vega as he investigates murders and gets romantically entangled with a suspect. He also endures the racism of his fellow cops.
(SOUNDBITE OF TV SHOW, "PENNY DREADFUL: CITY OF ANGELS")
UNIDENTIFIED ACTOR #2: (As character) But a Chicano patrolman is (unintelligible) from a detective (unintelligible) likes it.
DEL BARCO: The fictional drama takes liberties with history. For example, the term Chicano wasn't widely used until the late 1960s. That first freeway didn't actually bulldoze a Latino community. Those subsequent freeways did. Abelardo de la Pena, communications director for the museum LA Plaza de Cultura y Artes, says he appreciates the show's spotlight on LA's Latino community. But it bothers him that none of the show's writers or main actors are Mexican American from Los Angeles.
ABELARDO DE LA PENA: It's not that difficult. I mean, we're here. And there's plenty of talent out there that can be tapped into.
JOSE RIVERA: I think that's a very - absolute fair criticism.
DEL BARCO: Puerto Rican playwright Jose Rivera says he wasn't involved with the casting or hiring. He wrote one of the episodes and reviewed all 10 scripts.
RIVERA: To really keep elements of Latino culture that's depicted in the series to seem authentic and not, you know, voyeuristic or exotic.
DEL BARCO: "Penny Dreadful: City Of Angels" has many real and imagined elements. With its fictional monsters, the genre-defying show offers an alternative to the real-life invisible monster currently plaguing the planet.
Mandalit del Barco, NPR News, Los Angeles. Transcript provided by NPR, Copyright NPR. | https://www.wyomingpublicmedia.org/2020-04-26/new-penny-dreadful-set-in-los-angeles | 2022-09-01T02:28:44Z |
House Speaker Nancy Pelosi, D-Calif., is criticizing President Trump's effort to withhold funding from the World Health Organization and other steps his administration is reportedly taking to sideline the global health agency.
"It's stupid — it's more than stupid; it's dangerous," Pelosi told NPR.
In an interview Sunday with All Things Considered, Pelosi referenced reporting from The Washington Post, which found that members of the Trump administration had removed references to the WHO in its COVID-19 materials and initiatives. She says the administration is effectively isolating the United States during a global pandemic.
"Worse than [the funding] — if you can believe it — worse than that is that he and the secretary of state have been deleting any reference to the World Health Organization in any of our strategies on how we can deal with the pandemic. That may be more harmful than just the money," Pelosi said.
NPR has not independently confirmed the Post's reporting on steps the administration is taking to sideline the WHO.
Earlier this month, the president said he would halt funding to the WHO, an agency he's accused of being too "China-centric." The Democratic speaker added that while Trump could temporarily withhold funding, he couldn't make it policy.
"If he wants to hold up some money, that is questionable in terms of his legality, but he cannot stop the money ever from going," Pelosi said.
A next legislative effort
On the latest coronavirus relief package, which was signed into law on Friday, Pelosi dubbed House Democrats the "intellectual resources" in establishing the legislation's priorities. The $484 billion package included an additional $321 billion to replenish the quickly depleted Paycheck Protection Program for small businesses.
It passed the House Thursday with an overwhelming 388-5 vote, but it has been criticized by some Democrats, including New York Gov. Andrew Cuomo, who said the bill did not provide funds for state and local governments. Another New York Democrat, Rep. Alexandria Ocasio-Cortez, voted against the bill, arguing it didn't do enough to protect working families.
In response to the criticism, Pelosi said "she wasn't defending" the legislation, but was "very proud" of what Democrats had accomplished.
Pelosi also said future coronavirus relief would focus on providing more funds for state and local governments.
"We will go forward and we will have in that legislation as large a number as possible to reflect the needs of our state and local governments, and that means to help them address the outlays they're making for the coronavirus and also to address the revenue loss that they're suffering," Pelosi said.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wyomingpublicmedia.org/2020-04-26/speaker-pelosi-president-trumps-effort-to-sideline-the-who-is-dangerous | 2022-09-01T02:28:51Z |
MICHEL MARTIN, HOST:
The sports world has been at a standstill since most major sports league suspended their seasons back in March. Sports fans are hungry for excitement. Now they have it in the form of a 10-part ESPN documentary series about Michael Jordan and everything that led to his sixth and final NBA championship with the Chicago Bulls. It's called "The Last Dance." And it offers an unprecedented behind-the-scenes look at the basketball legend and the team he led. And it's filled with previously unseen footage that highlights Jordan's famously aggressive style.
(SOUNDBITE OF DOCUMENTARY, "THE LAST DANCE")
MICHAEL JORDAN: And if you're trying to maintain dominance over people, you don't want to give them a chance to gain confidence.
MARTIN: We wanted to hear more about what we've learned in this documentary about Jordan, who remained remarkably private even as he became one of the world's most famous men. So we called someone who followed his career closely, Michael Wilbon, a former Washington Post columnist and co-host of ESPN's "Pardon The Interruption." He's featured in the documentary, and he wrote about it for The Undefeated. And he's with us now. Michael Wilbon, welcome.
MICHAEL WILBON: Michel, thanks for having me.
MARTIN: As I understand it, the footage featured in the documentary was taken during the 1998 season, and it was never released to the public until now. What's the story behind this?
WILBON: Michael Jordan certainly just did not grant that permission, did not want it done. So much of the behind-the-scenes footage, Michel, is of very candid moments in practice, in the dressing room, in the locker room, where Michael may get on teammates, may ride them quite a bit to get them to the point where they were going to be a championship team. And he never thought that people would understand seeing that type of approach from a leader. And so finally, after saying no for all these years, the director of "The Last Dance" said to Michael, OK, people don't understand. You make them understand. You get them to understand after all these years what you were doing and why it worked.
And this time Michael said, OK. It's interesting 'cause in that first episode, Michel, you see Michael Jordan in practice riding his teammates. And a whole generation - two generations of people who did not see Michael Jordan in real time, they're looking at this going, oh, my God, what is that? And that's the reaction Michael was concerned about the first place.
MARTIN: OK. Let's play a short clip where we can hear that.
(SOUNDBITE OF DOCUMENTARY, "THE LAST DANCE")
JORDAN: I let my anger motivate the players by saying, I want this. Do you guys want it?
BILL WENNINGTON: He's not worried about hurting your feelings. If he hurt your feelings, you could leave. He would gladly tell you. Get out. You don't want to play hard? Get out.
(CROSSTALK)
JORDAN: Let's go out and get our first win. I ain't going to say that [expletive] again.
MARTIN: He was, as you just said, he was concerned that people would think that he was horrible. You know, what do you think changed his mind?
WILBON: (Laughter) Nothing changed his mind. I can tell you he's still concerned about it. I had a chat with him a few days ago, and he was concerned about it. He was asking me, what does your son - my son is a 12-year-old sixth grader but a basketball player and a fanatic about pro basketball and the Bulls and Michael Jordan. And one of his concerns is, I want to know what he thinks. And I have said to Michael over the years, decades, why do you care what people think? You won six times. You were - you have been the most famous person on the planet, not just most famous athlete. I don't understand that.
MARTIN: But it's - OK. Let me just try this one theory out, though. He reportedly approved this documentary the same day that LeBron James celebrated his championship in Cleveland. We know that Michael Jordan is famously competitive. That's at the root of so much of - that drives him. Could this rivalry have been part of the reason that he was interested in making himself better known?
WILBON: I wouldn't buy that for one second, Michel. I mean, the rivalry is from LeBron James. LeBron James has said that he - I - am the greatest, sort of a Ali-like - he said that the victory that Cleveland achieved in 2016 proved he was the greatest player. Michael Jordan's never said that in fact. And I did the interview with him 10 years ago on the morning of his enshrinement into the Hall of Fame. And I said, is it important to you to be known as the greatest player ever? And he said, absolutely not. You're never going to hear that from me.
MARTIN: Well, it is a measure of his impact, not just on the sport but in the world at the time. I mean, you noted this yourself that the filmmakers got both former Presidents Bill Clinton and Barack Obama in the film, which is remarkable. On the other hand, as you pointed out in your piece for The Undefeated, it does - his - the impression he gives is not one that everyone is going to like. I mean, you even wrote in your piece that your son even asked you, Dad, did yelling like that actually help them? So how do you think history will look at him as a leader? And what do you think the metric is going to be? I mean, there's even a story about him punching a fellow player in the face. I mean, it's not - you know what I mean? It's not like this guy - he wasn't Santa Claus. So what is your thinking about that?
WILBON: I think that the ends justify the means, Michel. And what I say to my son is, he won. Yeah. Yeah, the yelling helped. But they're going to look at the six championships. They're going to look at - being the center of the Dream Team, the single greatest team ever assembled. And I think they're going to look at him being the greatest basketball player, if not the greatest athlete in team sports in the history of at least North America, if not the world. He'd be on anybody's short list. I think the sort of harshness of what happened in practice can be overstated. But I haven't seen the rest of the footage either. I haven't seen the rest of documentary and don't know how that lands.
MARTIN: That was Michael Wilbon. He was a longtime columnist for The Washington Post. He is co-host of ESPN's "Pardon The Interruption." And he is featured in the 10-part ESPN documentary series about Michael Jordan. It's called "The Last Dance." Michael Wilbon, thank you so much for talking to us from your backyard, where we can hear the birds tweeting. Thank you.
WILBON: Michel, thanks for having me. And I hope you're getting to watch all of this because it's - even for those of us who lived it, it's fascinating. But thank you for having me. Transcript provided by NPR, Copyright NPR. | https://www.wyomingpublicmedia.org/2020-04-26/the-last-dance-espn-releases-michael-jordan-documentary | 2022-09-01T02:28:58Z |
MICHEL MARTIN, HOST:
Time now for another selection from our no-stress playlist. That's our regular feature where we play some of the songs you've shared with us - songs that help you stay calm during these challenging times. Today's pick comes from Twitter user Cecilia Gonzales Andrieu. Here's the one and only Olivia Newton-John and the Electric Light Orchestra with "Xanadu."
(SOUNDBITE OF SONG, "XANADU")
OLIVIA NEWTON-JOHN AND THE ELECTRIC LIGHT ORCHESTRA: (Singing) A place where nobody dared to go, the love that we came to know, they called it Xanadu. And now open your eyes and see what we have made is real. We are in Xanadu. A million lights are dancing, and there you are, a shooting star. An everlasting world, and you're here with me eternally.
MARTIN: That's "Xanadu" by Olivia Newton-John and the Electric Light Orchestra. You can keep adding to our playlist if you've got a song that helps you relieve stress. Tweet us at @npratc, and use the hashtag #nostressplaylist.
(SOUNDBITE OF SONG, "XANADU")
OLIVIA NEWTON-JOHN AND THE ELECTRIC LIGHT ORCHESTRA: (Singing) Xanadu, Xanadu. Now we are here in Xanadu... Transcript provided by NPR, Copyright NPR. | https://www.wyomingpublicmedia.org/2020-04-26/your-anti-anxiety-playlist-xanadu | 2022-09-01T02:29:04Z |
Teens cause $100,000 in damages to middle school, authorities say
PALATKA, Fla. (Gray News) - Three teens are accused of burglarizing and causing extensive damage to a Florida middle school.
According to the Putnam County Sheriff’s Office, the teens burglarized the Jenkins Middle School campus on Aug. 28 and caused an estimated $100,000 in damages.
The Palatka Fire Department responded to a call of smoke in the area of the middle school campus at about 4 p.m. Crews reportedly saw three teenagers running from the campus when they arrived.
Deputies and Palatka police officers said they found extensive damage to most of the buildings and the city-owned gym on campus.
According to the sheriff’s office, numerous windows were broken, toilets were damaged, sinks overflowed, security cameras were destroyed and 17 fire extinguishers were discharged.
Authorities said security cameras caught some of the destruction on video before they were damaged, and a deputy was able to identify one of the teens involved from Palatka Junior-Senior High School.
First responders said the campus was equipped with an alarm system, but the incident did not trigger the alarms.
The sheriff’s office said the teens involved were 14 years old. They are facing charges that include first-degree felony burglary and third-degree felony criminal mischief.
Officials said the city of Palatka owns the gym portion of the campus and is investigating the damages to that building as a separate case.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/01/teens-cause-100000-damages-middle-school-authorities-say/ | 2022-09-01T02:44:49Z |
Tropical Update
Below are graphics all relating to the tropics and hurricane season. Graphics are updated automatically through the day.
HURRICANE SEASON
Hurricane season runs from June 1 through November 30. Peak hurricane season is when ocean waters are at their warmest. On land, temperatures fluctuate daily, we warm up during the day in the summer and cool down at night. Water retains heat differently. Water will continue to warm over time, and stores heat longer. This is why when you go to the Atlantic ocean in May as land temperatures heat up, the ocean is still cold. But when you go in early October the ocean is still very warm. That’s because it’s been retaining the summer heat.
POTENTIAL TROPICAL DEVELOPMENT
Any outlined areas marked with an ‘X’ is an area of interest the National Hurricane Center is watching for potential development. Development does not mean landfall. This is updated four times a day.
SEA SURFACE TEMPERAURES
Ocean water temperatures or sea surface temperatures are imperative for the formation of tropical cyclones (tropical storms or hurricanes). Ocean water temperatures must be above 82°F for a tropical system to form.
SEA SURFACE TEMPERATURES COMPARED TO AVERAGE
This is a look at how the current ocean water temperature is compared to average. The more blue, the more cooler than average. The more orange and red, that means warmer than average.
SAHARAN DUST
This is the Saharan dust forecast, dust coming off the west coast of Africa. The yellow is the dust and the more orange and red the thicker the dust plume. More dust into the tropical Atlantic can suppress tropical storms and hurricanes from forming. Sometimes this dust can even move into the south east of the U.S. At times this can lead to brighter colors or more vivid colors for sunrises and sunsets.
SEA SURFACE TEMPERAURES
Sea Surface Temperatures compared to average.
List of Tropical Names for 2022
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/09/01/tropical-update/ | 2022-09-01T02:44:55Z |
BETHESDA, Md., Aug. 31, 2022 /PRNewswire/ -- AdvisorShares, a leading sponsor of actively managed ETFs, announced today that it will assume portfolio manager responsibilities of the AdvisorShares DoubleLine Value Equity ETF (NYSE Arca: DBLV) on September 1, 2022. On that date, the fund will be renamed the AdvisorShares Insider Advantage ETF and will change its ticker symbol to SURE.
The portfolio manager of SURE seeks to generate long-term capital appreciation by investing in the equities of companies that are actively reducing their public equity float through well-implemented stock buyback programs and corporate insider buying. Buyback programs and insider buying generally demonstrate that executives see relative value in their corporate equity securities and may create favorable shareholder market conditions through the reduction of publicly available shares (float shrink). SURE selects holdings using an active, quantitative, multi-factor model to identify companies shrinking float, lowering leverage, growing free cash flow, and providing dividends. SURE's holdings are equal-weighted and reconstituted/rebalanced monthly.
The portfolio strategist of SURE is Minyi Chen, CFA, founder and CEO of Qubed Capital, a registered investment advisor founded in 2015 and based in Oakland, California. For over a decade, Mr. Chen has been providing quantitative financial research and analysis along with proprietary investment models to both retail and institutional investors.
"We look forward to introducing SURE to the marketplace as not all buyback-focused strategies are the same," said Noah Hamman, chief executive officer of AdvisorShares. "SURE's actively managed investment approach re-valuates its investable universe and portfolio holdings monthly which is a distinct departure from passive, market-cap weighted strategies that track indexes and reconstitute annually. Combined with the features of a fully transparent and operationally efficient ETF structure, we believe SURE presents a compelling investment option for advisors and all investor-types."
For more information on SURE, please visit www.advisorshares.com/etfs/sure. AdvisorShares regularly hosts live webinars featuring portfolio managers and leading industry experts. You may learn more and register for upcoming events sessions on different investment strategies by visiting the AdvisorShares Event Center at www.advisorshares.com/events.
About AdvisorShares
AdvisorShares is a leading provider of active ETFs. For financial professionals and investors requesting more information, call 1-877-843-3831 or visit advisorshares.com. Follow @AdvisorShares on Twitter and on Facebook, YouTube, LinkedIn and Twitch for more insights.
Before investing you should carefully consider the Fund's investment objectives, risks, charges and expenses. This and other information is in the prospectus, a copy of which may be obtained by visiting the Fund's website at www.AdvisorShares.com. Please read the prospectus carefully before you invest.
The Advisor continuously evaluates the Fund's holdings, purchases and sales with a view to achieving the Fund's investment objective. However, achievement of the stated investment objective cannot be guaranteed. The Advisor's judgment about the markets, the economy, or companies may not anticipate actual market movements, economic conditions or company performance, and these factors may affect the return on your investment.
There is no guarantee that the Fund will achieve its investment objective. An investment in the Fund is subject to risk, including the possible loss of principal amount invested. Investing in mid and small capitalization companies may be riskier and more volatile than large cap companies. Other Fund risks include market risk, equity risk, large cap risk, liquidity risk and trading risk. Please see prospectus for details regarding risk. The fund may not be suitable for all investors.
Definitions
A buyback occurs when a company repurchases its own shares from the marketplace, reducing the number of shares outstanding.
Equity float is the portion of a company's outstanding shares that is in the hands of public investors, as opposed to company officers, directors, or stockholders that hold controlling interests that have trading restrictions.
An insider is an officer, director, executive, entity, or individual that owns more than 10% of a publicly traded company's shares.
Insider buying is the legal purchase of shares in a firm by a corporate insider that is not based on non-public, material information and follows the U.S. Securities and Exchange Commission's rules and reporting requirements.
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SOURCE AdvisorShares | https://www.whsv.com/prnewswire/2022/08/31/advisorshares-introduces-insider-advantage-etf-ticker-sure/ | 2022-09-01T02:45:01Z |
CONCORD, Mass., Aug. 31, 2022 /PRNewswire/ -- Applied BioMath (www.appliedbiomath.com), the industry-leader in providing model-informed drug discovery and development (MID3) support to help accelerate and de-risk therapeutic research and development (R&D), today announced the speaker lineup for the Quantitative Systems Pharmacology (QSP) Summit occurring September 15, 2022 at Le Meridien Boston Cambridge in Cambridge, MA.
In its fifth year, the QSP Summit is a free conference featuring talks from key industry and academic researchers, a poster session with awards, and networking time with peers. This year's speakers include:
Abed Alnaif, PhD, Principal Scientist - Translational Quantitative Pharmacology
EMD Serono
"Predicting the incidence proportion of drug-induced serotonin syndrome-associated tremors using a model-based meta-analysis"
Alison Betts, PhD, Vice President of Scientific Collaborations and Fellow of Modeling & Simulation
Applied BioMath
"More than the sum of their parts: integrating data and knowledge of ADCs in a QSP platform model to predict efficacy and toxicity"
Panteleimon Mavroudis, PhD, Senior Principal Scientist - Lab Head, Quantitative Pharmacology
Sanofi
"Model-Based Approaches to Guide Feasibility and Design of Multispecific Biotherapeutics"
Greg Moore, PhD, Director of Protein Engineering
Xencor
"Enabling selective activity of CD28 and TGFbR2 bispecific antibodies through cis or trans avidity engineering"
Hiroyuki Sayama, PhD, Research Fellow
Astellas Pharma
"A Quantitative Systems Pharmacology Approach in Oncology Drug Development – Virtual Clinical Trial Simulation for a KRASG12C inhibitor"
Brian Schmidt, PhD, Executive Director, Head QSP and PBPK
Bristol Myers Squibb
"Increasing the probability of success: supporting a diverse pipeline with a variety of mechanistic modeling approaches"
Leah Terrian, PhD Graduate Student
Michigan State University
"Cell Differentiation as a Critical State Transition"
In addition to the conference presentations, there will also be an executive roundtable featuring panelists:
- David de Graaf, PhD, Strategic Advisor at Abcuro, Inc
- Nathan Higginson-Scott, PhD, Chief Technology Officer and SVP, Drug Creation at Seismic Therapeutic
- Tatiana Novobrantseva, PhD, Chief Scientific Officer, Immuno-oncology Research at Moderna
"We're excited to see everyone in person at the QSP Summit this year," said John Burke, PhD, Co-founder, President and CEO at Applied BioMath. "The QSP Summit is a great opportunity to bring industry and academia together to share successes and challenges in topics related to quantitative systems pharmacology, systems biology, or mechanistic/translational PK/PD."
To learn more and register for the QSP Summit, visit https://www.appliedbiomath.com/qsp-summit-2022.
Founded in 2013, Applied BioMath's mission is to revolutionize drug invention. Applied BioMath applies biosimulation, including quantitative systems pharmacology, PKPD, bioinformatics, machine learning, clinical pharmacology, and software solutions to provide quantitative and predictive guidance to biotechnology and pharmaceutical companies to help accelerate and de-risk therapeutic research and development. Their approach employs proprietary algorithms and software to support groups worldwide in decision-making from early research through all phases of clinical trials. The Applied BioMath team leverages their decades of expertise in biology, mathematical modeling and analysis, high-performance computing, and industry experience to help groups better understand their therapeutic, its best-in-class parameters, competitive advantages, patients, and the best path forward into and in the clinic to increase likelihood of clinical concept and proof of mechanism, and decrease late stage attrition rates. For more information about Applied BioMath and its services and software, visit www.appliedbiomath.com.
Applied BioMath and the Applied BioMath logo are registered trademarks of Applied BioMath, LLC.
Press contact:
Kristen Zannella
kristen.zannella@appliedbiomath.com
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SOURCE Applied BioMath, LLC | https://www.whsv.com/prnewswire/2022/08/31/applied-biomath-llc-announces-speaker-lineup-fifth-annual-quantitative-systems-pharmacology-summit/ | 2022-09-01T02:45:08Z |
VANCOUVER, BC, Aug. 31, 2022 /PRNewswire/ - Aris Gold Corporation (Aris Gold or the Company) (TSX: ARIS) (OTCQX: ALLXF) announces the publication of its 2021 Sustainability Report highlighting its progress, initiatives and commitments in the areas of health, safety, environmental, social, and governance management for the calendar year. The report is Aris Gold's second annual disclosure of the Company's approach and performance on a range of material environmental, social and governance (ESG) topics, as well as the Company's plans and priorities for 2022 and beyond. The report is available on the Company's website at www.arisgold.com under Sustainability.
Aris Gold anuncia la publicación de su segundo Informe de Sostenibilidad que destaca el avance, las iniciativas y compromiso en las áreas de gestión de salud, seguridad, ambiente, sociedad y gobierno en el año calendario. El informe es el segunda informe anual que publica Aris Gold sobre el enfoque y desempeño de la Compañía en una variedad de temas de ambiente, sociedad y gobierno (ASG) significativos, así como los planes y prioridades de la Compañía para el 2022 y más allá. El informe está disponible en el sitio web de la Compañía en www.arisgold.com bajo Sostenibilidad.
Aris Gold's 2021 Sustainability Report is guided by the Sustainability Accounting Standards Board (SASB) Metals & Mining Sustainability Accounting Standard. It also demonstrates how Aris Gold's approach aligns to select UN Sustainable Development Goals.
Aris Gold CEO Neil Woodyer stated: "We are very pleased to release our second annual sustainability report. After our first full year operating as Aris Gold, we continue our commitment to achieving our ESG goals and creating value that benefits all stakeholders by balancing the expectations of shareholders with the needs of our employees, host communities and the environment. In 2021 we fared well while operating for a second year during the pandemic, achieving a vaccination rate of over 90% for employees. Further, we were able to reduce lost time injury frequency, increase the number of women in the workforce, implement upgrades to our TSF and continue our community investment programs throughout the year."
Aris Gold is a Canadian mining company listed on the TSX under the symbol ARIS and on the OTCQX under the symbol ALLXF. The Company is led by an executive team with a demonstrated track record of creating value through building globally relevant gold mining companies. In Colombia, Aris Gold operates the 100%-owned Marmato mine, where a modernization and expansion program is under way, and as of April 12, 2022, operates the Soto Norte joint venture, where environmental licensing is advancing to develop a new gold mine. Aris Gold also owns the Juby project, an advanced exploration stage gold project in the Abitibi greenstone belt of Ontario, Canada. Aris Gold plans to pursue acquisition and other growth opportunities to unlock value creation from scale and diversification.
Additional information on Aris Gold can be found at www.arisgold.com and www.sedar.com.
This news release contains "forward-looking information" or forward-looking statements" within the meaning of Canadian securities legislation. All statements included herein are forward-looking, other than statements of historical fact. Generally, the forward-looking information and forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", "will continue" or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.
Forward-looking information and forward-looking statements, while based on management's best estimates and assumptions, are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Aris Gold to be materially different from those expressed or implied by such forward-looking information or forward-looking statement.
There can be no assurance that the forward-looking information or statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information or statements. The Company has and continues to disclose in its Management's Discussion and Analysis and other publicly filed documents, changes to material factors or assumptions underlying the information and forward-looking looking statements and to the validity of the information, in the period the changes occur. The forward-looking statements and forward-looking information are made as of the date hereof and Aris Gold disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements or forward-looking information contained herein to reflect future results. Accordingly, readers should not place undue reliance on forward-looking statements and information.
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SOURCE Aris Gold Corporation | https://www.whsv.com/prnewswire/2022/08/31/aris-gold-publishes-2021-sustainability-report/ | 2022-09-01T02:45:15Z |
BASIS Charter Schools now has 12 Texas campuses, and in addition to this new #1 District rating, BASIS San Antonio – Shavano was recently ranked as the #1 charter school in Texas by U.S. News & World Report.
AUSTIN, BENBROOK, and SAN ANTONIO, Texas, Aug. 31, 2022 /PRNewswire/ -- BASIS Texas Charter Schools is the #1 school district in Texas, according to the Texas Education Agency's 2022 academic accountability ratings.
BASIS Texas Charter Schools' overall score of 99 places the district in a tie for first place with three other school districts statewide. BASIS Texas Charter Schools has been near the top of the TEA's academic accountability ratings in previous years, but 2022 is the first year it has earned the #1 spot.
"The start of the school year is a fitting time to receive this well-deserved news," said Peter Bezanson, CEO of BASIS.ed Texas. "We have five new campuses, and this #1 district rating is a beacon for our new students and families there! Indeed, it's a call to families near all twelve of our Texas schools to check out the state's top district. Some of our campuses still have a few seats available!"
Interested students and families can still apply for the current school year at enrollbasistx.com.
"This is an incredible achievement for our students and schools, as well as our teachers," said Andrew Freeman, the Executive Director of BASIS Texas Charter Schools. "We are growing quickly here in Texas, including two new campuses Austin-area campuses in Cedar Park in fall, 2023. This #1 District rating shows exactly who we strive to be – and who we already are!"
There were seven BASIS campuses operating in Texas in the 2021-22 school year, on which the TEA's accountability ratings are based. This year, there are 12 BASIS Charter Schools in Texas, including seven in the San Antonio area, four in the Austin area, and one in the Ft. Worth area. The same K-12 curriculum is taught at all 37 BASIS Charter Schools in the United States. This is the 25th school year in the network's history, and its tenth school year in Texas.
Each year, the Texas Education Agency (TEA) provides academic accountability ratings to its public school districts statewide. To create the ratings, the TEA writes on its website that it considers student "performance on state-level standardized tests, graduation rates, and college, career, and military readiness outcomes." The TEA assesses "student achievement, school progress, and whether districts and campuses are closing achievement gaps among various student groups" to create a rating for each campus and district.
To see the TEA accountability ratings and data, please visit txschools.gov or click here.
About BASIS Charter Schools
The BASIS Charter Schools network is among the best in the United States, whether assessed by national rankings across myriad publications, OECD/PISA scores, AP Exam scores, college admissions, merit aid earned, or any other measure. Our passionate and knowledgeable Subject Expert Teachers serve students in kindergarten through grade 12 using the STEM-inspired, liberal arts-focused BASIS Charter School Curriculum. Our acclaimed program—founded in 1998 and cultivating excellence every school year since—educates students at the highest international levels, preparing them to be participants, not spectators, in the 21st century global workforce. Starting in fall 2022, the BASIS Charter Schools network will celebrate its 25th academic year of serving students, and will do so at 37 public charter school campuses serving more than 22,000 students in Arizona, Louisiana, Texas, and Washington, D.C.
For more information, please visit basisedtx.com, enrollBASIStx.com, basised.com, or basisschools.org.
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SOURCE BASIS.ed Texas | https://www.whsv.com/prnewswire/2022/08/31/basis-texas-charter-schools-is-1-district-texas-according-new-tea-ratings/ | 2022-09-01T02:45:22Z |
DALLAS, Aug. 31, 2022 /PRNewswire/ -- Community Development Financial Institution (CDFI) BCL of Texas announced today that it will offer loans ranging from $10,000-$75,000 to traditionally underserved businesses. The Dallas Small Business Diversity Fund, a $1 million investment from Comerica Bank, will specifically target Dallas County women and minority-owned businesses with two or more years in operation.
An additional $1 million investment from Comerica will be allocated to BCL's Growth Fund for larger business loans in its Texas target market.
"We know that many minority businesses are often self-funded due to lack of access to capital, and a key component of our mission is to provide emerging small businesses opportunities to expand their operations," said Rosa Rios Valdez, BCL of Texas President and CEO. "We want to help level the playing field with this fund."
The loan application general requirements are as follows: must be a minority, woman or veteran business owner located in a rural, redevelopment or low- to moderate-income area. In addition, the Dallas Small Business Diversity Fund includes a strategic coaching component with BCL's Entrepreneurship Specialists. Prior to completing a loan application, prospective applicants are asked to schedule a financial readiness assessment to ensure they have a strong and organized path to growth. Approved borrowers will receive no-cost business coaching throughout the life of the loan.
"At Comerica, we remain committed to investing in CDFIs with more flexible underwriting and collateral requirements than traditional lending programs," said Omar Salah, Comerica Bank's Director of Small Business Banking. "As the leading bank for business, it is imperative that we raise expectations in all the communities we serve by partnering with nonprofits like the BCL of Texas because they are playing an integral role in closing the access to capital gap for minority and women-owned businesses."
In 2021, Comerica made a three-year, $5 billion small business lending commitment to support communities disproportionately affected by the COVID-19 pandemic. As of June 30, 2022, Comerica has assisted more than 8,600 small businesses and funded $2.4 billion (49% of goal) of the loan commitment.
To schedule a Dallas Small Business Diversity Fund consultation visit bcloftexas.org/DDF, or contact BCL of Texas Loan Officer David R. Arriola (darriola@bcloftexas.org; (214) 688-7456 x126).
Business & Community Lenders (BCL) of Texas is a statewide 501(c)3 nonprofit community development financial institution (CDFI) committed to Building Strong Communities. BCL supports Texans to acquire wealth-building assets, such as homeownership and entrepreneurship, with the financial tools and education necessary to build personal net worth. With an emphasis on diversity, equity, and inclusion, we serve communities of color, women, veterans, rural communities, and low- and moderate-income individuals, families, and small business owners.
Comerica Incorporated (NYSE: CMA) is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. In addition to Texas, Comerica Bank locations can be found in Arizona, California, Florida and Michigan, with select businesses operating in several other states, as well as in Canada and Mexico. Comerica reported total assets of $86.9 billion as of June 30, 2022.
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SOURCE Comerica Bank | https://www.whsv.com/prnewswire/2022/08/31/bcl-texas-launches-dallas-small-business-diversity-fund-with-1-million-investment-comerica-bank/ | 2022-09-01T02:45:28Z |
PHILADELPHIA, Aug. 31, 2022 /PRNewswire/ -- Berger Montague has filed a class action lawsuit in the United States District Court for the Southern District of New York on behalf of investors who purchased the securities of Lottery.com, Inc. ("Lottery.com" or the "Company") (NASDAQ: LTRY) between November 15, 2021 and July 29, 2022 (the "Class Period").
The complaint alleges that Lottery.com and members of senior management violated Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the Securities and Exchange Commission.
If you are a member of the proposed Class, you may move the court no later than 60 days from the date of this notice to serve as a lead plaintiff for the proposed Class. You need not seek to become a lead plaintiff in order to share in any possible recovery.
If you suffered losses, would like to discuss Berger Montague's lawsuit, or have questions concerning your rights or interests, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Michael Dell'Angelo at mdellangelo@bm.net or (215) 875-3080 or visit: https://www.lotterydotcomclassaction.com/
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.
According to the lawsuit, throughout the Class Period, Defendants made materially false or misleading statements and/or failed to disclose material information. A series of disclosures beginning on July 6, 2022 revealed that Lottery.com and its senior management failed to disclosure that, inter alia: (i) the Company lacked adequate internal accounting controls; (ii) the Company lacked adequate internal controls over financial reporting, including but not limited to those pertaining to revenue recognition and the reporting of cash; (iii) the Company was not in compliance with state and federal laws governing the sale of lottery tickets; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Finally, on July 29, 2022, in a Form 8-K filed with the SEC, Defendants informed the market that it did not have "sufficient financial resources to fund its operations or pay certain existing obligations," and that it therefore intended to furlough certain employees effective July 29, 2022. Moreover, because Lottery.com's resources were not sufficient to fund its operations for a twelve-month period, "there is substantial doubt about the Company's ability to continue as a going concern," and the Company may be forced to wind down its operations or pursue liquidation of the Company's assets.
In reaction to this news, shares of Lottery.com lost 64% of their value in a single trading day, falling $0.52 per share, from a closing price of $0.81 per share on July 28, 2022 to a close of $0.29 per share on July 29, 2022.
Berger Montague, with offices in Philadelphia, Minneapolis, Washington, D.C., and San Diego, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.
Contacts
Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bm.net
Michael Dell'Angelo, Executive Shareholder
Berger Montague
(215) 875-3080
mdellangelo@bm.net
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SOURCE Berger Montague | https://www.whsv.com/prnewswire/2022/08/31/berger-montague-pc-files-class-action-recover-losses-investors-who-purchased-lotterycom-inc-securities-nasdaq-ltry/ | 2022-09-01T02:45:35Z |
CAMBRIDGE, Mass., Aug. 31, 2022 /PRNewswire/ -- Biobot Analytics is expanding its wastewater platform to help communities better understand and respond to high-risk substance use, including opioids.
Founded in 2017, Biobot initially set out to bring more real-time data to local communities tackling the opioid crisis. Biobot's wastewater data and analyses were used by communities like the Town of Cary in North Carolina to inform public health interventions. In Cary's case, the town discovered that prescription opioids were the most commonly consumed substance across all sites surveyed and responded accordingly.
As explained by local officials, "We increased our conversations about proper disposal and security of medications. Prior to the project, we disposed of 924 pounds of medication through take back events in 2017. In 2018, the amount increased more than 2.5 times to 2,511 pounds." Ultimately, Cary reduced opioid overdoses by about 40% through improved resource allocation and more targeted public health messaging.
In early 2020, Biobot paused its opioid work to focus on the Covid-19 pandemic. They were the first group in the country to measure SARS-CoV-2 in wastewater and have since brought Covid-19 wastewater monitoring to communities across all 50 states.
"Although we had to focus our efforts on rapidly responding to the Covid-19 pandemic, we never lost sight of the opioid epidemic, which has only grown and brought a new record-breaking number of fatal overdoses in 2021," said Dr. Mariana Matus, Biobot CEO & Cofounder. "We are at a point in our growth where we are able to support multiple platforms and are relaunching an improved product that will help communities better understand high-risk substance use and promote proactive response to prevent overdoses."
Biobot's High Risk Substance platform provides unbiased, naturally anonymized data on community use of fentanyl, methamphetamine, cocaine, and nicotine. Monthly reports help public health officials establish a baseline level of substance use in their community, identify which substances are most commonly used, determine seasonality of use, and better measure evidence-based public health interventions. And all this can be layered on top of Biobot's existing infectious disease platform currently deployed in hundreds of communities in the United States.
New Castle County was one of the earliest users of Biobot's wastewater data in response to the Covid-19 pandemic and is now one of the first to use Biobot's High Risk Substance platform. "The opioid epidemic is a public health crisis impacting an entire generation of Delawareans, their families and their friends," said Matthew Meyer, New Castle County Executive. "This is a disease that impacts every one of us – no matter your education, socioeconomic standing, or where you live. Through Biobot, New Castle will expand wastewater monitoring to gain a clearer understanding of substance use trends in our communities so we can direct our resources most effectively."
To learn more, please email hello@biobot.io.
Biobot Analytics is a global leader in wastewater epidemiology, founded with the goal of transforming wastewater infrastructure into real-time public health observatories. Having worked at more than 1,000 locations across all 50 US states and several countries, Biobot produces actionable information from wastewater to improve the health of communities around the world. Biobot's pioneering data platform also supports building-level monitoring for enterprise customers and minimizes business operation disruptions while promoting a healthy workplace.
Learn more about our Government and Enterprise platforms at our website, www.biobot.io/government & www.biobot.io/enterprise.
More information on our mission and technology is available at our website, www.biobot.io.
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SOURCE Biobot Analytics | https://www.whsv.com/prnewswire/2022/08/31/biobot-analytics-launches-high-risk-substance-wastewater-platform-help-communities-combat-opioid-epidemic/ | 2022-09-01T02:45:42Z |
Addition increases diversity of Board governance and supports further independent expertise
DURHAM, N.C. and BEIJING, Aug. 31, 2022 /PRNewswire/ -- Brii Biosciences Limited ("Brii Bio" or the "Company", stock code: 2137.HK), a multi-national company developing innovative therapies for diseases with significant unmet medical needs and large public health burdens, today announced the appointment of healthcare industry veteran Taiyin Yang, Ph.D., to the Company's Board of Directors as co-chair of the newly expanded Audit and Risk Committee, effective September 1, 2022.
Additionally, Dr. Axel Bouchon, a non-executive board member, will be departing the Board effective September 30, 2022 to pursue a new leadership opportunity within anti-depression and central nervous system therapies, an area of Brii's focus. Dr. Bouchon will continue to work with Brii Bio as an advisor to the Chairman and Chief Executive Officer.
With these changes, Brii's Board now comprises a diverse group of eight directors, five of which are independent non-executive directors, with breadth and depth of experience throughout the healthcare ecosystem.
"We're pleased to welcome Taiyin, an industry giant and admired leader, to our Board of Directors. Her extensive industry experience within product development and commercial manufacturing will provide important synergies as we continue the accelerated corporate growth. I would also like to thank Axel for his incredible insight and business acumen during his service as a non-executive director," said Zhi Hong, Ph.D., Chairman and Chief Executive Officer of Brii Bio. "As part of Taiyin's appointment, we will be enhancing our risk oversight and corporate governance through the newly expanded Audit and Risk Committee, where her expertise in product development, manufacturing and supply, as well as product quality management and risk oversight will serve Brii and its shareholders well into the future."
Dr. Yang is the former Executive Vice President of Pharmaceutical Development and Manufacturing at Gilead Sciences. She directed operations of process, device and formulation development, manufacturing, packaging, analytical operations, laboratory information systems and data science, quality assurance, regulatory affairs, CMC program management, product distribution, supply chain management and site operations. Under her leadership, Gilead developed the world's first HIV single tablet regimen and advanced numerous compounds from early-stage development to market, reaching millions of people around the world. Prior to joining Gilead in 1993, Dr. Yang worked at Syntex Corporation for more than a decade, where she contributed to the development and commercialization of more than 10 medicines.
In 2022, Dr. Yang was elected a member of the National Academy of Engineering. She is a member of the Expert Scientific Advisory Committee of Medicines for Malaria Venture and the scientific advisory board of Sionna Therapeutics. Dr. Yang also serves on the board of directors of Kodiak Sciences and Kronos Bio. Dr. Yang holds a Ph.D. in organic chemistry from the University of Southern California and a Bachelor of Science degree in chemistry from National Taiwan University.
"As a life-long public health advocate, I recognize and celebrate the importance of Brii's values-based and patient-centric approach to R&D. I appreciate the challenges of finding novel therapies that have the potential to fill clear and significant unmet needs for patients, and I'm honored to offer my expertise in advancing Brii's vision as an independent advisor," said Dr. Taiyin Yang, Independent Non-executive Director of Brii Bio. "I look forward to partnering with my fellow members of the Board and the senior management team to contribute to Brii's future success as a mission-driven company with a promising pipeline of public-health inspired patient solutions."
About Brii Bio
Brii Biosciences Limited ("Brii Bio", stock code: 2137.HK) is a biotechnology company based in China and the United States committed to advancing therapies for significant infectious diseases, such as hepatitis B, COVID-19, human immunodeficiency virus (HIV) infection, multi-drug resistant (MDR) or extensive drug resistant (XDR) gram-negative infections, and other illnesses, such as the central nervous system (CNS) diseases, which have significant public health burdens in China and worldwide. For more information, visit www.briibio.com.
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SOURCE Brii Biosciences Limited | https://www.whsv.com/prnewswire/2022/08/31/brii-biosciences-appoints-taiyin-yang-board-directors-strengthening-product-quality-oversight-support-company-momentum/ | 2022-09-01T02:45:48Z |
HOUSTON, Aug. 31, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") today announced Joe Gatto, President and Chief Executive Officer and Kevin Haggard, SVP and Chief Financial Officer will be meeting with investors at the Barclays CEO Energy-Power Conference on Tuesday, September 6th and Wednesday, September 7th in New York.
An updated corporate presentation will be posted to the Company's website at http://www.callon.com under the "News" section the morning of the conference.
Callon Petroleum Company is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of South and West Texas.
Contact Information
Kevin Smith
Director of Investor Relations
Callon Petroleum Company
ir@callon.com
(281) 589-5200
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SOURCE Callon Petroleum Company | https://www.whsv.com/prnewswire/2022/08/31/callon-petroleum-participate-barclays-ceo-energy-power-conference/ | 2022-09-01T02:45:58Z |
Catalyst Connect ranked 320th fastest growing software small business in United States, reported growth of 244% by Inc. 5000's annual list for 2022
TUCSON, Ariz., Aug. 31, 2022 /PRNewswire/ -- This month Inc. revealed that Catalyst Connect is No. 2388 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. Catalyst Connect specializes in implementing Zoho software to streamline client engagement and operations. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. Facebook, Chobani, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
Our growth is thanks to the many who helped lay a foundation for success. From the University of Arizona's Eller College of Management to Zoho's partner program and our invaluable employees, the realization of our company's vision would not have been possible without you.
- John-Mark Bantock, CEO
Catalyst Connect has grown by nearly 250% since 2019 by helping organizations implement Zoho software, integrate third party systems and deploy customer portals to work efficiently in a new remote based environment. By focusing on end to end solutions, Catalyst Connect's holistic approach has led to the development of novel technologies like ZPortals, a unified client portal builder for Zoho, deepening their pool of product offerings and creating a market for exceptional stand-alone or integrated applications.
Catalyst Connect has developed software solutions for organizations across the gamut of industries, from technology and invention management for Stanford University's Center for BioDesign to bespoke logistic management solutions for Ace Hardware franchises. Some of Catalyst's most notable client successes include workflow optimization for J.D. Power and Associates, online content and project management solutions for the University of Arizona, real estate agent management solutions for Skyline Properties servicing over 1,300 agents, and solutions in the healthcare industry for state-sponsored programs.
To learn more or schedule an appointment please visit https://catalystconnect.com or https://zportals.com
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SOURCE Catalyst Connect | https://www.whsv.com/prnewswire/2022/08/31/catalyst-connect-recognized-inc-5000-list-fastest-growing-private-companies/ | 2022-09-01T02:46:04Z |
ABINGDON, Va., Aug. 31, 2022 /PRNewswire/ -- In its mission to become its clients' most valuable resource, Concord Wealth Partners (CWP), an Independent Registered Investment Advisory firm, has officially launched its new website www.concordwealthpartners.com
Concord's new website aims to bridge the client and advisor connection gap with a new and improved user experience showcasing its holistic suite of financial services within a sleek, easy-to-navigate digital platform.
Some of the website's new features are:
- Insights Page: A robust financial education and market analysis library authored by Concord's advisors.
- Client Portal & Mobile App: Where clients can access their investments and portfolio activity live, all in one place.
- 15-minute Free Consultation Booking Portal: Visitors can schedule a one-on-one phone call with a real advisor (not a robot) with only two clicks.
- Teams Page: More than just a bio page, each advisor at Concord has their own micro-site displaying their team's expertise, mission, meeting booking platform, original blogs, and social media wall.
- Advisor Page: Where client-centered advisors looking to join the firm can learn more about the benefits of partnering with Concord.
The digital transformation is part of Concord's three-phase expansion plan led by Edge Partners™, an RIA growth strategy firm. Concord launched its growth plan in 2019, starting with rebranding, service and territory expansion, infrastructure optimization, and strategic M&As.
So far, the expansion plan has included partnering with CPA firms, establishing an in-house asset management division, developing robust marketing campaigns, and forming partnerships with like-minded financial advisors in different geographical markets across the U.S., such as Rockville, MD, Charlottesville, VA, and most recently, the Greater Boston area. Since its growth strategy began, Concord has expanded its AUM from $350M in December 2019 to over $800M as of August 2022.
Concord's primary focus is to improve its client's overall experience and financial outcomes through an integrated and institutional quality one-stop financial services powerhouse.
Concord Wealth Partners is a Virginia-based RIA founded in 2002, expanding rapidly throughout the U.S. The family-owned and operated financial advisory firm has six offices. It represents over 800 individuals and small businesses in Virginia, West Virginia, Maryland, the District of Columbia, Northeast Tennessee, and Greater Boston.
Partnership Contact:
Matt Heitman
203-769-7237
Media Contact:
Silvia Roa-Madan
203-769-7237 Ext. 107
Advisory services are offered through Concord Wealth Partners, LLC ("CWP") and Concord Asset Management, LLC ("CAM"). CWP and CAM are affiliated investment advisers registered with the Securities and Exchange Commission.
SOURCE Concord Wealth Partners | https://www.whsv.com/prnewswire/2022/08/31/concord-wealth-partners-reveals-new-improved-comprehensive-financial-planning-website/ | 2022-09-01T02:46:12Z |
SCOTTSDALE, Ariz., Aug. 31, 2022 /PRNewswire/ -- Delight in new and returning fall-themed flavors and Creations™ this autumn at Cold Stone Creamery® (www.ColdStoneCreamery.com). Beginning August 31, new Brown Sugar Ice Cream and returning favorite Pumpkin Bread Batter Ice Cream will be available in stores nationwide.
Brown Sugar Cookie Dough Sensation™ evokes the taste of freshly baked treats, made with Brown Sugar Ice Cream, Cookie Dough, Brown Sugar and Caramel, while The Apple of my Pumpkin Pie™ is reminiscent of apple picking season, featuring Pumpkin Bread Batter Ice Cream, Pecans, Graham Cracker Pie Crust, Apple Pie Filling and Caramel.
And don't forget to complete your Thanksgiving spread with dessert! The decadent Pumpkin Bread Batter Pie will be available starting November 1. It's an easy addition to any holiday gathering with Pumpkin Bread Batter Ice Cream piled into a Graham Cracker Pie Crust and topped with White Frosting, Cinnamon and Chocolate Leaves.
"The start of sweater weather doesn't mean you have to stop eating ice cream," said Sara Schmillen, vice president of marketing at Kahala Brands™, parent company of Cold Stone Creamery. "This season brings brown sugar, spice and everything nice and cozy, and we know our guests will love our take on baked goods imagined as super-premium ice cream flavors."
The fall-inspired ice cream flavors, Creations and pie will be available for a limited time until November 29.
Promotional Flavors:
- Brown Sugar Ice Cream
- Pumpkin Bread Batter Ice Cream
Promotional Creations™:
- Brown Sugar Cookie Dough Sensation™ – Brown Sugar Ice Cream, Cookie Dough, Brown Sugar & Caramel
- The Apple of my Pumpkin Pie™ – Pumpkin Bread Batter Ice Cream, Pecans, Graham Cracker Pie Crust, Apple Pie Filling & Caramel
Promotional Pie (available starting on November 1)
- Pumpkin Bread Batter Pie – Pumpkin Bread Batter Ice Cream in a Graham Cracker Pie Crust topped with White Frosting, Cinnamon & Chocolate Leaves
About Cold Stone Creamery
Cold Stone Creamery® delivers the Ultimate Ice Cream Experience® through a community of franchisees who are passionate about ice cream. The secret recipe for smooth and creamy ice cream is handcrafted fresh daily in each store, and then customized by combining a variety of mix-ins on a frozen granite stone. Headquartered in Scottsdale, Arizona, Cold Stone Creamery is owned by parent company Kahala Brands™, one of the fastest growing franchising companies in the world with a portfolio of nearly 30 fast-casual and quick-service restaurant brands with approximately 3,000 locations in 35 countries. The Cold Stone Creamery brand operates nearly 1,500 locations globally in approximately 30 countries worldwide.
For more information about Cold Stone Creamery, visit www.ColdStoneCreamery.com.
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SOURCE Cold Stone Creamery | https://www.whsv.com/prnewswire/2022/08/31/cozy-up-with-fall-inspired-flavors-creations-cold-stone-creamery/ | 2022-09-01T02:46:19Z |
BETHESDA, Md., Aug. 31, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) will report financial results for the third quarter 2022 on Thursday, November 3, 2022 after the market closes. A conference call for investors and other interested parties is scheduled for the next day, Friday, November 4, 2022, at 9:00 a.m. Eastern Time (ET). The information to be discussed on the call will be contained in the Company's earnings release, which will be available in the Investor Relations section of the Company's website at www.drhc.com.
The conference call will be accessible by telephone and through the internet. Interested individuals are requested to register for the call using this link to obtain dial-in and webcast details. Registration details are also available by visiting https://investor.drhc.com. To participate in the webcast, please follow instructions via the links above 15 minutes before the call to download the necessary software.
For those unable to listen to the call live, a replay of the call will be available two hours after completion of the live call for a limited time via the webcast URL: https://edge.media-server.com/mmc/p/9cf5bd2u.
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in leisure destinations and top gateway markets. The Company currently owns 34 premium quality hotels with over 9,500 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.
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SOURCE DiamondRock Hospitality Company | https://www.whsv.com/prnewswire/2022/08/31/diamondrock-hospitality-announces-third-quarter-2022-earnings-release-conference-call/ | 2022-09-01T02:46:25Z |
HOUSTON and DALLAS and SAN ANTONIO and AUSTIN, Texas, Aug. 31, 2022 /PRNewswire/ -- EZ Bath's trademark has been registered, completing the final step to becoming a franchise and developing beyond its Houston, Texas base to other cities in Texas and expanding all across the country.
With the registration of EZ Bath's trademark, this marked the final step of business owners Mitchell Clay and Paul Shutes' vision to franchise their brand of bathroom remodeling services.
Award-winning services for the Texan homeowner, and beyond…
Since its inception in 2015, EZ Bath has prioritized the homeowner and operated with the belief that people expect more out of the standard bathroom remodeling experience. To achieve this, EZ Bath crafted a one-stop-shop full-service bathroom remodeling company, eliminating the need for a separate architect, bathroom designer, and remodeling contractor. The result? An award-winning company!
A company with a combined 25 years of experience in the bathroom remodeling industry, EZ Bath has strived to perfect its work since its inception in 2015. They are fully equipped to deal with any bathroom remodeling services. Every project comprises a trained team of experts, such as designers, builders, master plumbers and master electricians.
Covering a wide variety of styles and colors, their approach to remodeling bathrooms encompasses a wide variety of tones and textures that always brings the customer closer to their dream vision of their ideal bathroom. Working with a methodical approach to remodeling bathrooms, the service is now at a logical place where Mitchell Clay and Paul Shutes can now work on expanding their services with their customer-first approach beyond Houston and show the rest of Texas and, eventually, the USA, exactly how EZ Bath can bring professional service to the bathroom remodeling experience.
With the trademark finally being registered, the final step of bringing EZ Bath from store to franchise is now complete. With a variety of services on offer, from tub to shower conversions, bathtub remodeling, custom vanities, walk-in tubs, and products as diverse as BCI Shower Systems and Onyx Collection, it is safe to say that EZ Bath's future looks to be in full flow!
More information is available from EZ Bath's press contact Mitchell Clay. To reach the company by phone, call 281-968-3000, or email at admin@ezbathremodel.com. Anyone looking for more information about EZ Bath's services can do so via the company website https://www.ezbathremodel.com. EZ Bath's postal address is 11246 Timber Tech Ave, Tomball TX 77375.
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SOURCE EZ Bath | https://www.whsv.com/prnewswire/2022/08/31/ez-baths-franchise-is-ready-flow-beyond-its-houston-base/ | 2022-09-01T02:46:32Z |
WASHINGTON, Aug. 31, 2022 /PRNewswire/ --
News Advisory:
Event: National Press Club Newsmaker News Conference with family of Shireen Abu Akleh
When: Thursday, Sept. 1 at 2p.m.
Where: National Press Club, 529 14th Street NW, Washington, D.C. 13th floor
Who: Lina Abu Akleh, niece of Shireen, will make a statement and take questions.
Lina Abu Akleh is in Washington to receive the President's Award from the National Press Club in honor of her aunt, Shireen, a veteran correspondent from Al Jazeera who was killed while covering an Israeli military action in the West Bank in May. In addition to being a well-known, and highly regarded journalist, Shireen was also an American citizen. Her protective vest was clearly marked PRESS at the time she was killed. There have been no charges filed or notices of discipline or suspension for this killing. Several investigations have concluded that the shot that killed Shireen was fired from a position that was controlled by the IDF. The family, Al Jazeera, dozens of members of Congress, the Secretary of State, the National Press Club and other press freedom organizations believe there should be an independent investigation led by the United States Department of Justice into the killing of this American citizen and highly respected journalist.
Live video of the event will be available on press.org and YouTube.
Founded in 1908, the National Press Club is the world's leading professional organization for journalists. With 3,000 members, the club is a leading voice for press freedom in the United States and worldwide.
Contact: Bill McCarren, 202-662-7534 for the National Press Club
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SOURCE National Press Club | https://www.whsv.com/prnewswire/2022/08/31/family-shireen-abu-akleh-hold-news-conference-national-press-club-thursday/ | 2022-09-01T02:46:39Z |
Valerie Williams brings more than 16 years of experience optimizing freight rail operations and planning
CHICAGO, Aug. 31, 2022 /PRNewswire/ -- Amsted Digital Solutions (ADS) is pleased to announce the hiring of Valerie Williams to lead the company's Professional Services team, with an emphasis in fleet Management. Valerie's more than 16 years of experience in railcar fleet management expands the ADS resource team and brings new insights into how we can deliver even greater value to our customers.
"We are very excited to have Valerie be part our leadership team. She is a well-known and well-respected individual. She is a very knowledgeable and driven person, and we are confident in her ability to help grow our Professional Services group under her leadership," said Brad Myers, Executive Vice President & Chief Operating Officer of Amsted Digital Solutions.
ADS began its Professional Services division with several key clients years ago and recently has added resources and new capabilities to support its customers more broadly in the areas of fleet management and engineering & regulatory compliance.
Ms. Williams has been in various roles which aid in her expertise in are strategic planning and fleet sizing, dispute resolution, and freight rate and contract negotiations. She also extensive knowledge of North American freight rail transportation compliance, terminal compliance and railcar regulations. Ms. Williams' previous management of fleet compliance was awarded the NAR Grand Slam award in 2020, one of 17 companies recognized. Her education and background include business management and accounting, and Ms. Williams is Transport of Dangerous Goods (TDG) certified.
###
Media Contact:
Katherine Bouvier
kbouvier@amstedrail.com
(312) 922-4641
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SOURCE Amsted Digital Solutions | https://www.whsv.com/prnewswire/2022/08/31/freight-rail-veteran-joins-amsted-digital-solutions-senior-director-amp-general-manager-professional-services/ | 2022-09-01T02:46:45Z |
LAKE OSWEGO, Ore., Aug. 31, 2022 /PRNewswire/ -- The Greenbrier Companies, Inc. (NYSE: GBX) will be presenting virtually on Wednesday, September 7, 2022, at the 15th Annual Cowen Global Transportation & Sustainable Mobility Conference.
The presentation will be webcast live, beginning at 4:20 pm ET, on Wednesday, September 7, 2022. Listeners can access the webcast directly at https://wsw.com/webcast/cowen123/gbx/1841490. To register for or listen to the webcast, follow the link and enter your name, company and email address.
Greenbrier, headquartered in Lake Oswego, Oregon, is a leading international supplier of equipment and services to global freight transportation markets. Through its wholly-owned subsidiaries and joint ventures, Greenbrier designs, builds and markets freight railcars and marine barges in North America, Europe and Brazil. We are a leading provider of freight railcar wheel services, parts, maintenance and retrofitting services in North America through our rail services business unit. Greenbrier manages 421,000 railcars and offers railcar management, regulatory compliance services and leasing services to railroads and other railcars owners in North America. GBX Leasing (GBXL) is a special purpose subsidiary that owns and manages a portfolio of leased railcars that originate primarily from Greenbrier's manufacturing operations. GBXL and Greenbrier own a lease fleet of 11,800 railcars. Learn more about Greenbrier at www.gbrx.com.
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SOURCE The Greenbrier Companies, Inc. | https://www.whsv.com/prnewswire/2022/08/31/greenbrier-present-15th-annual-cowen-global-transportation-amp-sustainable-mobility-conference/ | 2022-09-01T02:46:52Z |
Greenleaf Trust is proud to announce Karen Baldwin has been named Leadership Exemplar in Business at HumanEx Impact and Legacy Summit
KALAMAZOO, Mich., Aug. 31, 2022 /PRNewswire/ -- Michigan-based Greenleaf Trust executive, Karen Baldwin, has been awarded with national accolades for her work in the community. Baldwin, CSP™, SHRM-SCP™, was named a Leadership Exemplar in Business at last month's HumanEx Impact and Legacy Summit. Baldwin is an Executive Vice President and Director of Human Resources at Greenleaf Trust.
HumanEx Ventures is committed to collaborating with leaders to help individuals, organizations, and communities achieve their potential. Each year their annual Impact and Legacy Summit features renowned speakers from across the nation to address poignant leadership challenges and innovative ideas. This year, the Summit concluded with Karen Baldwin honored as a Leadership Exemplar in Business.
"Karen Baldwin is a progressive leader with the courage required to make a positive difference in her organization and community," said HumanEx Senior Director and Community Builder, Gina Masterka, "Her significant impact has been felt by many inside and outside Greenleaf Trust over the years. Humanex Ventures is fortunate to partner with her to develop a culture where people thrive."
Baldwin leads both Greenleaf's Committee and the Human Resources Division. This team is responsible for the day-to-day operations, administration of policies, procedures and programs, to include employee relations, talent selection, development, management and retention, benefits administration, legal compliance, budgeting, training and development, business development and strategic planning.
Baldwin has more than 25 years of human resources experience. She earned her bachelor's degree in business administration from Western Michigan University, her Certified Staffing Professional designation through the American Staffing Association, her Senior Certified Professional designation through the Society for Human Resource Management, and her Certified Diversity Professional designation through the National Diversity Council. Karen is a member of the Society for Human Resources Management and the Kalamazoo Human Resources Management Association.
About Greenleaf Trust
With offices in Kalamazoo, Grand Rapids, Birmingham, Bay Harbor, Traverse City and Midland, Greenleaf Trust is an independent Michigan-chartered trust-only bank, exclusively focused on wealth management, trust and estate administration, and administration of company-sponsored retirement plans. Through our unique, client-centric team approach, we provide highly personal and customized client service, with no conflicts of interest, to ensure our clients' financial security from generation to generation. www.greenleaftrust.com
CONTACT:
Marketing
Greenleaf Trust
269.553.7268
Marketing@greenleaftrust.com
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SOURCE Greenleaf Trust | https://www.whsv.com/prnewswire/2022/08/31/greenleaf-trust-announces-leadership-exemplar-business-award/ | 2022-09-01T02:46:58Z |
New Board member diversifies expertise and brings additional global thought leadership to the Board
DELAWARE, Ohio, Aug. 31, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, announced today the election of Roel Vestjens to the Greif Board of Directors.
Mr. Vestjens is the current President and Chief Executive Officer of Belden Inc. During his tenure with Belden, he has held a diverse array of global leadership roles within sales, marketing, operations, and general management. Prior to joining Belden, Mr. Vestjens held various sales and marketing leadership roles with Royal Philips Electronics European division. Mr. Vestjens holds a Bachelor of Science degree in Electrical Engineering and a Master of Science degree in Management from Nyenrode Business University in the Netherlands.
"We are pleased to welcome this talented and experienced leader to the Board of Directors," said Pete Watson, Executive Chairman of the Greif Board of Directors. "His diverse leadership experiences and global viewpoint will bring a wealth of expertise to Greif and will add tremendous value to our Company."
About Greif, Inc.
Greif is a global leader in industrial packaging products and services and is pursuing its vision: be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company is strategically positioned in over 35 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com.
Contact:
Matt Leahy
740-549-6158
matthew.leahy@greif.com
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Published: Aug. 31, 2022 at 4:15 PM EDT|Updated: 7 hours ago
DELAWARE, Ohio, Aug. 31, 2022 /PRNewswire/ -- Greif, Inc. (NYSE: GEF, GEF.B), a global leader in industrial packaging products and services, today announced third quarter 2022 results.
Third Quarter Financial Highlights include (all results compared to the third quarter of 2021 unless otherwise noted):
Net income of $141.8 million or $2.36 per diluted Class A share increased compared to net income of $113.0 million or $1.89 per diluted Class A share. Net income, excluding the impact of adjustments(1), of $141.7 million or $2.35 per diluted Class A share increased compared to net income, excluding the impact of adjustments, of $115.9 million or $1.93 per diluted Class A share.
Adjusted EBITDA(2) of $251.0 million, an increase of $13.2 million compared to Adjusted EBITDA of $237.8 million.
Net cash provided by operating activities increased by $114.4 million to $209.3 million. Record adjusted free cash flow(3) increased by $111.7 million to a source of $175.8 million.
Total debt decreased by $208.9 million to $2,058.7 million. Net debt(4) decreased by $236.6 million to $1,931.2 million. The Company's leverage ratio(5) decreased to 1.99x from 2.12x sequentially and from 2.80x in the prior year quarter.
Strategic Actions and Announcements
Held Investor Day 2022 in New York City on June 23, 2022. A key area of discussion was the new Build to Last strategy, which included capital allocation priorities and long-term growth expectations under this strategy.
Initiated $150.0 million share repurchase program.
CEO Commentary
"Our team delivered an outstanding third quarter financial result, remaining steadfast and execution-focused during a time of macroeconomic uncertainty," said Ole Rosgaard, President and Chief Executive Officer. "This commitment has led to a rock-solid balance sheet, record free cash flow generation, and EBITDA growth. Our team has done an outstanding job transforming our business, as evidenced by volume growth compared to pre-pandemic 2019 volume levels, despite sequential declines from higher volumes last year. In addition to financial success, our teams have continued to deliver Legendary Customer Service, and made notable progress to further foster Thriving Communities at Greif and Protect Our Future through industry-leading sustainability practice."
Build to Last Mission Progress
Building upon our Investor Day discussion, in addition to the quarterly releases which support our Build to Last mission of Ensuring Financial Strength, we will continue to update the investment community quarterly regarding key progress on our additional three Build to Last missions.
Customer satisfaction surveys are a key component of our mission to deliver Legendary Customer Service. Our long-term objective is a trailing twelve-month CSI(6) score of 95.0 or greater. Our consolidated CSI score was 94.3 at the end of the third quarter 2022. CSI for the Global Industrial Packaging segment was 94.1. CSI for the Paper Packaging & Services segment was 95.1.
Towards our mission of Creating Thriving Communities, during the third quarter, we have complemented our continuing efforts by signing the Columbus Commitment, a pledge to close the wage gap and achieve gender pay equity at Greif.
Lastly, as we continue to make steps to Protect Our Future, during the third quarter, we advanced our progress toward setting 2030 ESG targets, which will be announced during our fourth quarter 2022.
Note: A reconciliation of the differences between all non-GAAP financial measures used in this release with the most directly comparable GAAP financial measures is included in the financial schedules that are a part of this release. These non-GAAP financial measures are intended to supplement and should be read together with our financial results. They should not be considered an alternative or substitute for, and should not be considered superior to, our reported financial results. Accordingly, users of this financial information should not place undue reliance on these non-GAAP financial measures.
Segment Results (all results compared to the third quarter of 2021 unless otherwise noted)
Net sales are impacted mainly by the volume of primary products(7) sold, selling prices, product mix and the impact of changes in foreign currencies against the U.S. Dollar. The table below shows the percentage impact of each of these items on net sales for our primary products for the third quarter of 2022 as compared to the prior year quarter for the business segments with manufacturing operations.
Global Industrial Packaging
Net sales decreased by $1.1 million to $906.7 million primarily due to approximately $82.0 million of prior year net sales attributable to the Flexibles Products & Services business that was sold on April 1, 2022, negative foreign currency translation impacts of $69.7 million and lower volumes, offset by higher average selling prices.
Gross profit decreased by $21.7 million to $177.7 million. The decrease in gross profit was primarily due to the same factors that impacted net sales and higher raw material costs, partially offset by lower labor costs.
Operating profit decreased by $14.8 million to $107.2 million primarily due to the same factors that impacted gross profit, partially offset by lower SG&A expenses. Adjusted EBITDA decreased by $29.1 million to $117.1 million primarily due to the same factors that impacted operating profit.
Paper Packaging & Services
Net sales increased by $131.4 million to $710.2 million primarily due to higher published containerboard and boxboard prices, partially offset by lower volumes.
Gross profit increased by $49.3 million to $167.3 million. The increase in gross profit was primarily due to the same factors that impacted net sales, partially offset by higher raw material, transportation, labor and utility costs.
Operating profit increased by $49.2 million to $96.7 million primarily due to the same factors that impacted gross profit. Adjusted EBITDA increased by $41.9 million to $131.8 million primarily due to the same factors that impacted operating profit, partially offset by higher SG&A expenses.
Tax Summary
During the third quarter, we recorded an income tax rate of 21.6 percent and a tax rate excluding the impact of adjustments of 21.5 percent. Note that the application of FIN 18 frequently causes fluctuations in our quarterly effective tax rates. For fiscal 2022, we expect our tax rate to range between 27.0 and 31.0 percent and our tax rate excluding adjustments to range between 22.0 and 25.0 percent.
Dividend Summary
On August 30, 2022, the Board of Directors declared quarterly cash dividends of $0.50 per share of Class A Common Stock and $0.75 per share of Class B Common Stock. Dividends are payable on October 1, 2022, to stockholders of record at the close of business on September 16, 2022.
Company Outlook
Note: Fiscal 2022 Class A earnings per share guidance on a GAAP basis is not provided in this release due to the potential for one or more of the following, the timing and magnitude of which we are unable to reliably forecast: restructuring-related activities; integration related costs; non-cash pension settlement charges; non-cash asset impairment charges due to unanticipated changes in the business; gains or losses on the disposal of businesses or properties, plants and equipment, net and the income tax effects of these items and other income tax-related events. No reconciliation of the fiscal 2022 Class A earnings per share before adjustments guidance, a non-GAAP financial measure which excludes restructuring charges, integration costs, non-cash asset impairment charges, non-cash pension settlement charges, (gain) loss on the disposal of properties, plants, equipment and businesses, net, is included in this release because, due to the high variability and difficulty in making accurate forecasts and projections of some of the excluded information, together with some of the excluded information not being ascertainable or accessible, we are unable to quantify certain amounts that would be required to be included in the most directly comparable GAAP financial measure without unreasonable efforts. A reconciliation of 2022 adjusted free cash flow guidance to forecasted net cash provided by operating activities, the most directly comparable GAAP financial measure, is included in this release.
Conference Call
The Company will host a conference call to discuss third quarter 2022 results on September 1, 2022, at 8:30 a.m. Eastern Time (ET). Participants may access the call using the following online registration link: https://conferencingportals.com/event/BDwosPDa. Registrants will receive a confirmation email containing dial in details and a unique conference call code for entry. Phone lines will open at 8:00 a.m. ET on September 1, 2022. A digital replay of the conference call will be available two hours following the call on the Company's web site at http://investor.greif.com. To access the recording, guests can call (888) 330-2413 or (240) 789-2721 and use the conference ID 32605.
Investor Relations contact information
Matt Leahy, Vice President, Corporate Development & Investor Relations, 740-549-6158. Matthew.Leahy@Greif.com
About Greif
Greif is a global leader in industrial packaging products and services and is pursuing its vision: to be the best performing customer service company in the world. The Company produces steel, plastic and fibre drums, intermediate bulk containers, reconditioned containers, containerboard, uncoated recycled paperboard, coated recycled paperboard, tubes and cores and a diverse mix of specialty products. The Company also manufactures packaging accessories and provides filling, packaging and other services for a wide range of industries. In addition, Greif manages timber properties in the southeastern United States. The Company is strategically positioned in over 35 countries to serve global as well as regional customers. Additional information is on the Company's website at www.greif.com.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "may," "will," "expect," "intend," "estimate," "anticipate," "aspiration," "objective," "project," "believe," "continue," "on track" or "target" or the negative thereof and similar expressions, among others, identify forward-looking statements. All forward-looking statements are based on assumptions, expectations and other information currently available to management. Such forward-looking statements are subject to certain risks and uncertainties that could cause the Company's actual results to differ materially from those forecasted, projected or anticipated, whether expressed or implied. The most significant of these risks and uncertainties are described in Part I of the Company's Annual Report on Form 10-K for the fiscal year ended October 31, 2021. The Company undertakes no obligation to update or revise any forward-looking statements.
Although the Company believes that the expectations reflected in forward-looking statements have a reasonable basis, the Company can give no assurance that these expectations will prove to be correct. Forward-looking statements are subject to risks and uncertainties that could cause the Company's actual results to differ materially from those forecasted, projected or anticipated, whether expressed in or implied by the statements. Such risks and uncertainties that might cause a difference include, but are not limited to, the following: (i) historically, our business has been sensitive to changes in general economic or business conditions, (ii) our global operations subject us to political risks, instability and currency exchange that could adversely affect our results of operations, (iii) the COVID-19 pandemic could continue to impact any combination of our business, financial condition, results of operations and cash flows, (iv) the current and future challenging global economy and disruption and volatility of the financial and credit markets may adversely affect our business, (v) the continuing consolidation of our customer base and suppliers may intensify pricing pressure, (vi) we operate in highly competitive industries, (vii) our business is sensitive to changes in industry demands and customer preferences, (viii) raw material, price fluctuations, global supply chain disruptions and inflation may adversely impact our results of operations, (ix) energy and transportation price fluctuations and shortages may adversely impact our manufacturing operations and costs, (x) the frequency and volume of our timber and timberland sales will impact our financial performance, (xi) we may not successfully implement our business strategies, including achieving our growth objectives, (xii) we may encounter difficulties or liabilities arising from acquisitions or divestitures, (xiii) we may incur additional rationalization costs and there is no guarantee that our efforts to reduce costs will be successful, (xiv) several operations are conducted by joint ventures that we cannot operate solely for our benefit, (xv) certain of the agreements that govern our joint ventures provide our partners with put or call options, (xvi) our ability to attract, develop and retain talented and qualified employees, managers and executives is critical to our success, (xvii) our business may be adversely impacted by work stoppages and other labor relations matters, (xviii) we may be subject to losses that might not be covered in whole or in part by existing insurance reserves or insurance coverage and general insurance premium and deductible increases, (xix) our business depends on the uninterrupted operations of our facilities, systems and business functions, including our information technology and other business systems, (xx) a security breach of customer, employee, supplier or Company information and data privacy risks and costs of compliance with new regulations may have a material adverse effect on our business, financial condition, results of operations and cash flows, (xxi) we could be subject to changes to our tax rates, the adoption of new U.S. or foreign tax legislation or exposure to additional tax liabilities, (xxii) full realization of our deferred tax assets may be affected by a number of factors, (xxiii) we have a significant amount of goodwill and long-lived assets which, if impaired in the future, would adversely impact our results of operations, (xxiv) our pension and post-retirement plans are underfunded and will require future cash contributions and our required future cash contributions could be higher than we expect, each of which could have a material adverse effect on our financial condition and liquidity, (xxv) legislation/regulation related to environmental and health and safety matters and corporate social responsibility could negatively impact our operations and financial performance, (xxvi) product liability claims and other legal proceedings could adversely affect our operations and financial performance, (xxvii) we may incur fines or penalties, damage to our reputation or other adverse consequences if our employees, agents or business partners violate, or are alleged to have violated, anti-bribery, competition or other laws, (xxviii) changing climate, global climate change regulations and greenhouse gas effects may adversely affect our operations and financial performance, (xxix) we may be unable to achieve our greenhouse gas emission reduction targets by 2030.
The risks described above are not all-inclusive, and given these and other possible risks and uncertainties, investors should not place undue reliance on forward-looking statements as a prediction of actual results. For a detailed discussion of the most significant risks and uncertainties that could cause our actual results to differ materially from those forecasted, projected or anticipated, see "Risk Factors" in Part I, Item 1A of our most recently filed Form 10-K and our other filings with the Securities and Exchange Commission.
All forward-looking statements made in this news release are expressly qualified in their entirety by reference to such risk factors. Except to the limited extent required by applicable law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.whsv.com/prnewswire/2022/08/31/greif-reports-third-quarter-2022-results/ | 2022-09-01T02:47:14Z |
- Advances Hillenbrand's long-term growth strategy into key end market of recycling
- Highly complementary technologies to Coperion branded products
- Enhances offering of complete recycling solutions and provides compelling cross-selling opportunities
- Expected to be accretive to Adj. EPS within first full year and deliver double-digit ROIC by year three
BATESVILLE, Ind., Aug. 31, 2022 /PRNewswire/ -- Hillenbrand, Inc. (NYSE: HI) announced today it has completed the acquisition of Herbold Meckesheim GmbH (Herbold) for an enterprise value of approximately €79 million.
"The successful completion of the Herbold Meckesheim acquisition is another meaningful step that delivers on our commitment to grow as a world-class industrial company, execute our strategy to deliver long-term shareholder value, and accelerate our efforts to support a more sustainable future," said Kim Ryan, President and CEO of Hillenbrand. "By leveraging Herbold's key technologies, we have an opportunity to strengthen our leadership position in the recycling industry and expand our offerings across the entire recycling value chain."
Based in Meckesheim, Germany, Herbold is a leader in recycling systems, specializing in key process steps such as washing, separating, drying, shredding, and pulverizing. With annual revenue of more than €50 million, Herbold is highly complementary to the equipment and solutions offered under the Coperion brand.
Herbold joins the Coperion and Rotex brands as part of Hillenbrand's Advanced Process Solutions (APS) segment. The APS segment is focused on highly engineered industrial processing solutions and aftermarket parts and services for a variety of end markets and applications.
Hillenbrand (NYSE: HI) is a global industrial company operating in over 40 countries with over 10,000 associates serving a wide variety of industries around the world. Guided by our Purpose — Shape What Matters For Tomorrow™ — we pursue excellence, collaboration, and innovation to consistently shape solutions that best serve our associates, customers, communities, and other stakeholders. Hillenbrand's portfolio includes brands such as Coperion, Milacron Injection Molding & Extrusion, and Mold-Masters, in addition to Batesville. To learn more, visit: www.Hillenbrand.com
Throughout this release, we make a number of "forward-looking statements" that are within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, and that are intended to be covered by the safe harbor provided under these sections. As the words imply, these are statements about future sales, earnings, cash flow, results of operations, uses of cash, financings, share repurchases, ability to meet deleveraging goals, and other measures of financial performance or potential future plans or events, strategies, objectives, beliefs, prospects, assumptions, expectations, and projected costs or savings or transactions of the Company that might or might not happen in the future, as contrasted with historical information. Forward-looking statements are based on assumptions that we believe are reasonable, but by their very nature are subject to a wide range of risks. If our assumptions prove inaccurate or unknown risks and uncertainties materialize, actual results could vary materially from Hillenbrand's (the "Company") expectations and projections.
Words that could indicate that we are making forward-looking statements include the following:
This is not an exhaustive list, but is intended to give you an idea of how we try to identify forward-looking statements. The absence of any of these words, however, does not mean that the statement is not forward-looking.
Here is the key point: Forward-looking statements are not guarantees of future performance or events, and actual results or events could differ materially from those set forth in any forward-looking statements. Any number of factors, many of which are beyond our control, could cause our performance to differ significantly from what is described in the forward-looking statements. These factors include, but are not limited to: risks related to the Russian Federation's invasion of Ukraine (referred to herein as the "Ukraine War") and resulting geopolitical instability and uncertainty, which could have a negative impact on our ability to sell to, ship products to, collect payments from, and support customers in certain regions, in addition to the potential effect of supply chain disruptions that could adversely affect profitability; the impact of contagious diseases such as the COVID-19 pandemic and the escalation thereof due to variant strains of the virus and the societal, governmental, and individual responses thereto, including supply chain disruption, loss of contracts and/or customers, erosion of some customers' credit quality, downgrades of the Company's credit quality, closure or temporary interruption of the Company's or suppliers' manufacturing facilities, travel, shipping and logistical disruptions, domestic and international general economic conditions, such as inflation, exchange rates and interest rates; loss of human capital or personnel, and general economic calamities; increased costs, poor quality, or unavailability of raw materials or certain outsourced services and supply chain disruptions; increasing competition for highly skilled and talented workers as well as labor shortages; the risk of business disruptions associated with information technology, cyber-attacks, or catastrophic losses affecting infrastructure; risks that the integration of Milacron disrupts current operations or poses potential difficulties in employee retention or otherwise affects financial or operating results; the ability to recognize the benefits of the acquisition of Milacron or any other acquisition or disposition, including potential synergies and cost savings or the failure of the Company or any acquired company to achieve its plans and objectives generally; impairment charges to goodwill and other identifiable intangible assets; competition in the industries in which we operate; impacts of decreases in demand or changes in technological advances, laws, or regulation on the revenues that we derive from the plastics industry; our reliance upon employees, agents, and business partners to comply with laws in many countries and jurisdictions; the impact of incurring significant amounts of indebtedness and any inability of the Company to respond to changes in its business or make future desirable acquisitions; the ability of the Company to comply with financial or other covenants in its debt agreements; global market and economic conditions, including those related to the financial markets; our level of international sales and operations; cyclical demand for industrial capital goods; the dependence of our business units on relationships with several large customers and providers; the impact to the Company's effective tax rate of changes in the mix of earnings or tax laws and certain other tax-related matters; involvement in claims, lawsuits and governmental proceedings related to operations; uncertainty in the United States political and regulatory environment or global trade policy; adverse foreign currency fluctuations; labor disruptions; and the effect of certain provisions of the Company's governing documents and Indiana law that could decrease the trading price of the Company's common stock. Shareholders, potential investors, and other readers are urged to consider these risks and uncertainties in evaluating forward-looking statements and are cautioned not to place undue reliance on the forward-looking statements. For a more in-depth discussion of these and other factors that could cause actual results to differ from those contained in forward-looking statements, see the discussions under the heading "Risk Factors" in Part I, Item 1A of Hillenbrand's Form 10-K for the year ended September 30, 2021, filed with the Securities and Exchange Commission ("SEC") on November 17, 2021, and in Part II, Item 1A of Hillenbrand's Form 10-Q for the quarter ended June 30, 2022, filed with the SEC on August 3, 2022. The forward-looking information in this release speaks only as of the date hereof, and we assume no obligation to update or revise any forward-looking information.
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CHICAGO, Aug. 31, 2022 /PRNewswire/ -- HITEC announced today the following industry trailblazers as the 2022 inductees into the HITEC Hall of Fame:
- Jesse Cortez, Vice President, Diversity, Equity and Inclusion, McKesson
- Nellie Borrero, Managing Director, Senior Strategic Advisor – Global Inclusion & Diversity, Accenture
- Roberto Medrano, Chief Executive Officer, Beach View Capital
"HITEC is proud to recognize the accomplishments of these Hispanic technology leaders who have achieved the highest levels of professional success, and who are committed to helping inspire the next generation of leaders," said HITEC President Omar Duque.
This year's honorees will be inducted into the HITEC Hall of Fame on November 2 during the HITEC 100 & Corporate Awards Gala taking place during the HITEC Fall Leadership Summit hosted by IBM in Armonk, NY.
HITEC's vision is to accelerate the power and influence of Hispanic technology leaders, achieving lasting equity from the classroom to the boardroom.
"I am so happy to see Jesse, Nellie and Roberto be honored with this prestigious award. Each of them have made an incredible impact and have blazed trails in using technology innovation to accelerate outcomes in their respective businesses. And even more importantly, in my view, representing the best of the Hispanic community by building up and showing others what they can be. They are committed to service and are tremendous role models for future generations of Hispanics in technology," said HITEC Chair Guillermo Diaz, Jr.
Since its inception, HITEC has established and nurtured a strong and influential network of leading technology executives from across the globe. Not only have these awardees left lasting impacts in the technology industry, but also they continue to engage in meaningful ways with the HITEC community.
HITEC is the premier global executive leadership organization of senior business and technology executives. HITEC works to celebrate and increase Hispanic representation, building stronger technology and executive leaders in the diversity-challenged technology industry.
To view the full list of the HITEC Hall of Fame, please visit https://hitecglobal.org/page/HITECHallofFame.
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Updates Stakeholders on Commitments to Economic Inclusion, Community Development, Human Capital, and Sustainability
COLUMBUS, Ohio, Aug. 31, 2022 /PRNewswire/ -- Huntington Bancshares Incorporated (Nasdaq: HBAN) has issued its 2021 Environmental, Social, and Governance (ESG) Report, which highlights how Huntington helps people reach their goals, provides businesses with the resources to grow, and works to create prosperous and resilient communities.
The 2021 ESG Report provides a comprehensive review of Huntington's progress on performance dimensions that drive sustainable, long-term value for all its stakeholders as well as the impact of its focus on community economic development, equity, and environmental sustainability.
"Our ESG efforts are aligned with our purpose of looking out for our colleagues, our customers and the communities we serve," said Steve Steinour, chairman, president, and CEO. "Our values are the catalyst for our service and performance culture at Huntington. We are committed to delivering an exceptional customer experience, remaining deeply connected to our communities, and providing our colleagues with a fulfilling professional career. We remain focused on our ESG efforts and are inspired by the role we can play in the lives of all we serve."
In 2016, Huntington launched its strategic commitment to ESG best practices to provide increased transparency and accountability around our long-held pledge to promote corporate social responsibly, prudent risk management, and strong financial results.
Huntington's commitment to continually improving the enterprise integration of ESG strategic frameworks is reflected in this year's report that details enhanced board and executive governance structures alongside new product and program investments, maturing metrics, and a growing effort toward impact-based reporting.
"Our governance actions outlined in this report guide us on our path to being a top-tier performing bank, creating long-term value for all of our stakeholders," said Dave Porteous, Lead Director, Huntington Board of Directors. "Our board appreciates the importance of aligning our business objectives and the success of our consumer, business and community partners in the context of shared, sustainable prosperity."
This is Huntington's sixth ESG report and includes its second-year reporting to the Sustainability Accounting Standards Board (SASB) standards for Commercial Banks and Consumer Finance, and third annual reporting to the Task Force on Climate-related Financial Disclosures (TCFD) framework.
Notable progress in ESG related focus areas includes:
Driving Investments and Economic Growth in Communities: Huntington's commitments to providing financial education, serving the underbanked, and expanding economic inclusion programs provide a platform to help reduce poverty and drive economic opportunity for all.
- Introduced an industry leading five-year $40 billion Community Plan, to address economic, social, environmental, and racial equity challenges
- Advanced access to banking services providing for customers and communities with 26.2% of our branches located in low-to-moderate income neighborhoods
- Assisted nearly 3,000 families in mortgage distress through the Home Savers Program
- Volunteered 28,500 colleague service hours across more than 1,100 non-profit organizations
- Grew access to capital for small businesses as the No. 1 originator of SBA 7(a) loans (by number) in our region for the thirteenth consecutive year
- Expanded our Fair Play banking philosophy with new products that look out for our customers financial wellbeing
Cultivating a Diverse Workforce and Governance Structure: Huntington is committed to advancing diversity, equity, and inclusion in its workforce, as well as doing business with a diverse supplier base.
- Achieved 47% diversity on Huntington board of directors
- Attained 68% total workforce diversity, and 45% diversity in middle and executive management
- Implemented a bank-wide minimum wage increase to $19 per hour effective January 1, 2022
- Attained average base pay for women colleagues with the same job titles as men at 99% of that paid to men, and the average base pay for racially diverse colleagues with the same job titles as non-racially diverse colleagues at 99% of that paid to non-minorities
- Increased our total spend with diverse suppliers to 21.3%, exceeding our goal of 18%, supporting over 3,675 jobs and $472 million in U.S. GDP contribution
Serving as a Steward of the Environment: Huntington is committed to the transition to a low-carbon economy. We are taking meaningful actions in our own business and encourage our suppliers, customers, partners, and communities to do the same.
- Achieved CDP's A- climate change rating as part of our ongoing sustainability commitment
- Reduced greenhouse gas emissions by 35% since 2017 benchmark
- Shifting 50% of electricity usage to renewable sources by 2035
- Completed 80 new ENERGY STAR certifications for our buildings
- Developed an exploratory roadmap for achieving a net-zero carbon future
- Invested in dedicated leadership roles including our Climate Risk Director and Environmental Strategy & Sustainability Director, to guide climate risk and climate change transition support for all stakeholders
- Joined the Partnership for Carbon Accounting Financials (PCAF) to align with industry risk management standards
Huntington Bancshares Incorporated is a $179 billion asset regional bank holding company headquartered in Columbus, Ohio. Founded in 1866, The Huntington National Bank and its affiliates provide consumers, small and middle‐market businesses, corporations, municipalities, and other organizations with a comprehensive suite of banking, payments, wealth management, and risk management products and services. Huntington operates more than 1,000 branches in 11 states, with certain businesses operating in extended geographies. Visit Huntington.com for more information.
This press release contains certain forward-looking statements, including, but not limited to, certain plans, expectations, goals, projections, and statements, which are not historical facts and are subject to numerous assumptions, risks, and uncertainties. Statements that do not describe historical or current facts, including statements about beliefs and expectations, are forward-looking statements. Forward-looking statements may be identified by words such as expect, anticipate, believe, intend, estimate, plan, target, goal, or similar expressions, or future or conditional verbs such as will, may, might, should, would, could, or similar variations. The forward-looking statements are intended to be subject to the safe harbor provided by Section 27A of the Securities Act of 1933, Section 21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995.
All forward-looking statements speak only as of the date they are made and are based on information available at that time. We do not assume any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements. Please carefully review and consider the various disclosures made in this document and in our other reports filed with the SEC for more information about the risks and other factors that may affect our business, results of operations, financial condition, or prospects.
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SUNNY ISLES BEACH, Fla., Aug. 31, 2022 /PRNewswire/ -- Icahn Enterprises L.P. (the "Partnership") today announced that its 2021 Schedule K-3 reflecting items of international tax relevance is available online. Unitholders requiring this information may access their Schedules K-3 at www.taxpackagesupport.com/Icahn.
A limited number of unitholders (such as foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on the newly-required Schedule K-3 for their specific reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor.
To receive an electronic copy of your Schedule K-3 via email, unitholders may call toll free at (800) 255-2737.
Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in seven primary business segments: Investment, Energy, Automotive, Food Packaging, Real Estate, Home Fashion and Pharma.
Investor Contact:
Ted Papapostolou, Chief Financial Officer
(305) 422-4100
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SOURCE Icahn Enterprises L.P. | https://www.whsv.com/prnewswire/2022/08/31/icahn-enterprises-lp-announces-2021-schedule-k-3-now-available/ | 2022-09-01T02:47:40Z |
DUBLIN, Aug. 31, 2022 /PRNewswire/ -- Jazz Pharmaceuticals plc (Nasdaq: JAZZ) today announced that the company will participate in the following upcoming investor conferences:
Citi's 17th Annual BioPharma Conference on Wednesday, September 7, 2022
- The presentation is scheduled for 1:00 p.m. ET / 6:00 p.m. IST.
2022 Wells Fargo Healthcare Conference on Thursday, September 8, 2022
- The presentation is scheduled for 11:00 a.m. ET / 4:00 p.m. IST.
Audio webcasts of the presentations will be available via the Investors section of the Jazz Pharmaceuticals website at www.jazzpharmaceuticals.com. Replays of the webcasts will be archived on the website for 30 days following the conferences.
About Jazz Pharmaceuticals
Jazz Pharmaceuticals plc (NASDAQ: JAZZ) is a global biopharmaceutical company whose purpose is to innovate to transform the lives of patients and their families. We are dedicated to developing life-changing medicines for people with serious diseases—often with limited or no therapeutic options. We have a diverse portfolio of marketed medicines and novel product candidates, from early- to late-stage development, in neuroscience and oncology. Within these therapeutic areas, we are identifying new options for patients by actively exploring small molecules and biologics, and through innovative delivery technologies and cannabinoid science. Jazz is headquartered in Dublin, Ireland and has employees around the globe, serving patients in nearly 75 countries. For more information, please visit www.jazzpharmaceuticals.com and follow @JazzPharma on Twitter.
Contacts:
Investors:
Andrea N. Flynn, Ph.D.
Vice President, Head, Investor Relations
Jazz Pharmaceuticals plc
InvestorInfo@jazzpharma.com
Ireland +353 1 634 3211
U.S. +1 650 496 2717
Media:
Kristin Bhavnani
Head of Global Corporate Communications
Jazz Pharmaceuticals plc
CorporateAffairsMediaInfo@jazzpharma.com
Ireland +353 1 637 2141
U.S. +1 215 867 4948
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SOURCE Jazz Pharmaceuticals plc | https://www.whsv.com/prnewswire/2022/08/31/jazz-pharmaceuticals-participate-upcoming-september-investor-conferences/ | 2022-09-01T02:47:47Z |
BURLINGTON, Mass. and FRISCO, Texas, Aug. 31, 2022 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today announced that KDP management plans to participate in a fireside chat, led by Equity Analyst Lauren Lieberman, at the Barclays Global Consumer Staples Conference on September 7, 2022 at 8:15AM ET.
Access to a live webcast of the event will be available in the Investors section of the Company's corporate website, www.keurigdrpepper.com.
Investor Contacts:
Steve Alexander
T: 972-673-6769 / steve.alexander@kdrp.com
Chethan Mallela
T: 646-620-8761 / chethan.mallela@kdrp.com
Media Contact:
Katie Gilroy
T: 781-418-3345 / katie.gilroy@kdrp.com
About Keurig Dr Pepper
Keurig Dr Pepper (KDP) is a leading beverage company in North America, with annual revenue approaching $13 billion and approximately 27,000 employees. KDP holds leadership positions in soft drinks, specialty coffee and tea, water, juice and juice drinks and mixers, and markets the #1 single serve coffee brewing system in the U.S. and Canada. The Company's portfolio of more than 125 owned, licensed and partner brands is designed to satisfy virtually any consumer need, any time, and includes Keurig®, Dr Pepper®, Green Mountain Coffee Roasters®, Canada Dry®, Snapple®, Bai®, Mott's®, CORE® and The Original Donut Shop®. Through its powerful sales and distribution network, KDP can deliver its portfolio of hot and cold beverages to nearly every point of purchase for consumers. The Company is committed to sourcing, producing and distributing its beverages responsibly through its Drink Well. Do Good. corporate responsibility platform, including efforts around circular packaging, efficient natural resource use and supply chain sustainability. For more information, visit www.keurigdrpepper.com.
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SOURCE Keurig Dr Pepper Inc. | https://www.whsv.com/prnewswire/2022/08/31/keurig-dr-pepper-participate-barclays-global-consumer-staples-conference/ | 2022-09-01T02:47:54Z |
SOUTHFIELD, Mich., Aug. 31, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on September 14, 2022, at the Morgan Stanley 10th Annual Laguna Conference. Representing Lear will be:
- Ray Scott, President and CEO
- Jason Cardew, SVP and Chief Financial Officer
Lear's webcast will begin at 12:55 PM EDT (9:55 AM PDT) and will run approximately 30 minutes. The webcast link will be available on the Company's website at ir.lear.com.
About Lear Corporation
Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented employees in 38 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 186 on the Fortune 500. Further information about Lear is available at lear.com or on Twitter @LearCorporation.
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SOURCE Lear Corporation | https://www.whsv.com/prnewswire/2022/08/31/lear-participate-morgan-stanley-10th-annual-laguna-conference/ | 2022-09-01T02:48:00Z |
BETHESDA, Md., Aug. 31, 2022 /PRNewswire/ -- Lockheed Martin (NYSE: LMT) announced today that Tim Cahill will be the new executive vice president of the company's Missiles and Fire Control (MFC) business area. The appointment is effective Nov. 1.
Cahill is currently senior vice president of Lockheed Martin's Global Business Development & Strategy, where he brought integrated solutions to our customers and established comprehensive growth-enabling strategies across the enterprise. He previously served as senior vice president for Lockheed Martin International and vice president, Integrated Air and Missile Defense (IAMD) Systems for MFC. At MFC, he managed several significant programs including Terminal High Altitude Area Defense (THAAD), PAC-3, Medium Extended Air Defense System (MEADS), and numerous other emerging technologies. He has also held leadership positions at Lockheed Martin Space.
"Tim is a strategic leader with the right combination of experience to enable the future growth of our Missiles and Fire Control business. He is known for building strong, collaborative relationships with team members and customers alike, and I look forward to what he will bring to not only MFC, but also our customers who rely on us for their critical missions," said Lockheed Martin Chief Operating Officer Frank St. John.
Cahill joined the company in 1995 following a distinguished career as a U.S. Air Force officer. He succeeds Scott Greene, who will retire at the end of the year after more than 41 years of service to the company. Greene will serve as a strategic adviser to the chief operating officer from Nov. 1 until the end of the year to ensure a smooth and orderly leadership transition process.
"I am honored to be part of the exceptional MFC team of more than 20,000 employees dedicated to supporting our customers' mission with our innovative products and solutions," said Cahill. "The future of MFC is bright and we look forward to playing an important role in delivering 21st Century Security integrated solutions to our U.S. and allied customers around the world."
Cahill holds a bachelor's and Master of Science degree in Aeronautical and Astronautical Engineering from Purdue University and an MBA from Stanford University. He also completed the Executive Program Manager's Course at the Defense Systems Management College at Ft. Belvoir, Virginia.
About Lockheed Martin
Headquartered in Bethesda, Maryland, Lockheed Martin Corporation is a global security and aerospace company that employs approximately 114,000 people worldwide and is principally engaged in the research, design, development, manufacture, integration and sustainment of advanced technology systems, products and services.
Please follow @LMNews on Twitter for the latest announcements and news across the company.
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SOURCE Lockheed Martin | https://www.whsv.com/prnewswire/2022/08/31/lockheed-martin-names-tim-cahill-missiles-fire-controls-executive-vice-president/ | 2022-09-01T02:48:15Z |
SAN DIEGO, Aug. 31, 2022 /PRNewswire/ -- MG Properties, a private San Diego-based real estate investor, owner, and operator has purchased 2150 Arizona Ave South Apartments l for $107 million.
Rebranded as 2150 Apartments, this Chandler submarket of Phoenix boasts some of the most robust multifamily fundamentals in the metro due to its proximity to multiple job corridors, one of Arizona's top school systems, award-winning master-planned communities, and relative affordability. With thoughtfully designed one, two, and three bedroom floor plans, the community offers a variety of options for area residents.
"The Phoenix economy has benefitted from tremendous growth, which we expect to continue during our long term investment horizon," said Jeff Gleiberman, President of MG Properties. "2150 Apartments provides a value-add opportunity to continue a proven interior renovation program to increase rents, while staying below new construction rents."
Seller was represented by Mark Forrester and Dan Cheyne with Berkadia. The acquisition of the community was financed with a loan from Fannie Mae, originated by Chuck Christensen and Lowell Takahashi with Berkadia.
To learn more visit: https://www.2150apartments.com
MG Properties is a privately owned, fully integrated real estate company specializing in the investment, redevelopment, and management of multi-family assets. Headquartered in San Diego, California, MG was founded in 1992 by Mark Gleiberman with the mission to enrich communities. MG's current portfolio is comprised of over 28,000 rental homes in California, Washington, Arizona, Nevada, Colorado, and Oregon, including 88 communities. For additional information, visit www.mgproperties.com.
Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Through our integrated mortgage banking, investment sales and servicing platform, Berkadia delivers comprehensive real estate solutions for the entire life cycle of our clients' assets. To learn more about Berkadia, please visit www.berkadia.com.
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SOURCE MG Properties | https://www.whsv.com/prnewswire/2022/08/31/mg-properties-expands-arizona-portfolio-with-107-million-multifamily-deal/ | 2022-09-01T02:48:21Z |
PHILADELPHIA, Aug. 31, 2022 /PRNewswire/ -- Berger Montague is investigating securities fraud allegations on behalf of investors who purchased the securities MINISO Group Holding Limited ("MINISO" or the "Company") (NYSE: MNSO) between October 12, 2020 and August 17, 2022 (the "Class Period").
If you purchased the securities of MINISO during the Class Period, would like to discuss Berger Montague's investigation, or have questions concerning your rights or interests, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Michael Dell'Angelo at mdellangelo@bm.net or (215) 875-3080 or visit: https://investigations.bergermontague.com/miniso-group-holding-limited/
Whistleblowers: Anyone with non-public information regarding MINISO is encouraged to confidentially assist Berger Montague's investigation or take advantage of the SEC Whistleblower program. Under this program, whistleblowers who provide original information may receive rewards totaling up to thirty percent (30%) of recoveries obtained by the SEC. For more information, contact us.
According to a recently filed lawsuit, on July 26, 2022, market researcher Blue Orca Capital published a report which raised several fundamental issues with MINISO, including that "contrary to [MINISO]'s claims, many MINISO stores are secretly owned by [MINISO] executives or insiders closely connected to the chairman" and "[u]ltimately, we believe that there is overwhelming evidence that MINISO misleads the market about its core business." As Blue Orca explained, "[o]ur suspicion is that MINISO realized early in the pre-IPO process that a brick-and-mortar retailer would be far less attractive to investors than an asset-light franchise business, so we think that [MINISO] simply lied about these stores."
Blue Orca added that "Chinese corporate filings also indicate, in our view, that the chairman siphoned hundreds of millions from the public company through opaque Caribbean jurisdictions as the middleman in a crooked headquarters deal." Blue Orca further concluded that "[i]ndependent evidence, including archived disclosures on MINISO's Chinese website, reports in Chinese media and interviews with former employees, indicate that MINISO is a brand in serious peril," noting that "MINISO lowered its franchising fee by 63% over the past two years in a desperate effort to attract franchisees." On this news, MINISO's ADS price fell nearly 15%.
As of July 27, 2022, MINISO ADSs closed at $5.66 per ADS, representing more than a 70% decline from the $20.00 IPO price.
Berger Montague, with offices in Philadelphia, Minneapolis, Washington, D.C., and San Diego, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.
Contacts
Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bm.net
Michael Dell'Angelo, Executive Shareholder
Berger Montague
(215) 875-3080
mdellangelo@bm.net
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SOURCE Berger Montague | https://www.whsv.com/prnewswire/2022/08/31/miniso-group-holding-limited-company-news-berger-montague-investigates-securities-fraud-allegations-against-miniso-group-holding-limited-nyse-mnso-lead-plaintiff-deadline-is-october-17-2022/ | 2022-09-01T02:48:28Z |
SAN DIEGO, Aug. 31, 2022 /PRNewswire/ -- Mirati Therapeutics, Inc. (NASDAQ: MRTX), a clinical-stage targeted oncology company, will participate in two upcoming healthcare conferences.
- Wednesday, September 14 at 8:35 a.m. ET / 5:35 a.m. PT at the Morgan Stanley Healthcare Conference. Laurie Stelzer, chief financial officer, and Ben Hickey, chief commercial officer, will represent the company in a fireside chat.
- Wednesday, September 14 at 2:10 p.m. BST / 9:10 a.m. ET / 6:10 a.m. PT at the Bank of America Global Healthcare Conference. David Meek, chief executive officer, will represent the company in a fireside chat.
Investors and the general public are invited to listen to a live webcast of the sessions through the "Investors and Media" section on Mirati.com. A replay of the webcast will be made available following the event.
About Mirati Therapeutics, Inc.
Mirati Therapeutics, Inc. is a clinical-stage biotechnology company whose mission is to discover, design and deliver breakthrough therapies to transform the lives of patients with cancer and their loved ones. The company is relentlessly focused on bringing forward therapies that address areas of high unmet medical need, including lung cancer, and advancing a pipeline of novel therapeutics targeting the genetic and immunological drivers of cancer. Unified for patients, Mirati's vision is to unlock the science behind the promise of a life beyond cancer. For more information about Mirati, visit us at Mirati.com or follow us on Twitter, LinkedIn and Facebook.
Forward Looking Statements
This press release contains forward-looking statements regarding the business of Mirati Therapeutics, Inc. ("Mirati"). Any statement describing Mirati's goals, expectations, financial or other projections, intentions or beliefs, development plans and the commercial potential of Mirati's drug development pipeline, including without limitation adagrasib (selective KRASG12C inhibitor), sitravatinib (TAM receptor inhibitor), MRTX1719 (MTA cooperative PRMT5 inhibitor), MRTX0902 (SOS1 inhibitor), and MRTX1133 (selective KRASG12D inhibitor), is a forward-looking statement and should be considered an at-risk statement. Such statements are subject to risks and uncertainties, particularly those challenges inherent in the process of discovering, developing and commercialization of new drug products that are safe and effective for use as human therapeutics, and in the endeavor of building a business around such drugs.
Mirati's forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although Mirati's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by Mirati. As a result, you are cautioned not to rely on these forward-looking statements. These and other risks concerning Mirati's programs are described in additional detail in Mirati's quarterly reports on Form 10-Q and annual reports on Form 10-K, which are on file with the U.S. Securities and Exchange Commission (the "SEC") available at the SEC's Internet site (www.sec.gov). Mirati assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.
Mirati Contacts
Investor Relations: ir@mirati.com
Media Relations: media@mirati.com
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SOURCE Mirati Therapeutics, Inc. | https://www.whsv.com/prnewswire/2022/08/31/mirati-therapeutics-participate-two-upcoming-healthcare-conferences/ | 2022-09-01T02:48:35Z |
Motive Energy Powers into the Dallas-Fort Worth Market by Acquiring Texas Industrial Energy
The largest distributor of DEKA industrial batteries and ACT chargers in the United States nabs metroplex exclusive
ANAHEIM, Calif., Aug. 31, 2022 /PRNewswire/ -- Motive Energy, the leading provider of advanced power and energy solutions in the United States, is pleased to announce the acquisition of Texas Industrial Energy (TIE) located in Carrollton, Texas, effective September 1, 2022. The addition expands Motive's wide range of motive power solutions into the Dallas-Fort Worth market.
With the acquisition, Motive Energy becomes the exclusive motive power representative for DEKA and ACT (Advanced Charging Technologies) covering the Dallas-Fort Worth metroplex and surrounding areas. DEKA and ACT have long led the industry in top-quality, energy-efficient solutions for battery manufacturing and charging technologies. The Power Solutions division of Motive Energy is on the cutting edge of end-to-end solutions for the material handling industry and is the country's largest distributor of DEKA industrial batteries, ACT chargers, and ACT's battery management system, ACTIntelligent.
Leading the acquisition efforts were Motive Energy senior team members Tony Capolino, President; Matt Smith, Director of Sales; and Tyson Brosz, Director of Operations. The Texas Industrial Energy addition clinches Motive Energy's prominence as the largest distributor of forklift batteries in the state of Texas.
Tony Capolino, President of Motive Energy, said, "I'm excited that Motive will be able to serve all of Texas now, including Dallas-Fort Worth, which is recognized as one of the top three markets in the International Trucking Association (ITA) data. With over 120 service technicians nationwide we will be able to provide end-to-end power solutions for the market and state."
The new facility in Carrollton, Texas joins Motive's extensive network, extending the company's presence to 14 locations nationwide, including its headquarters in Anaheim and an office in Escondido, California; sites in Phoenix and Tucson, Arizona; Las Vegas, Nevada; Nampa, Idaho; Portland, Oregon; and Auburn and Yakima, Washington. The TIE Carrollton location boosts Motive's locations in Texas to five, including teams already established in Houston, San Antonio, El Paso, and Lubbock — giving Texas a solid footprint in the company's expansion.
Motive's experienced sales and service teams are ready to assist new customers located in the Dallas-Fort Worth metroplex while continuing to service all current clients. Motive Energy provides best-in-class products to the material handling industry including new and used batteries, chargers, watering systems, and battery handling systems. The company has extensive experience with the latest motive power technologies, including lithium-ion batteries. Motive's industry services include battery and charger sales, service and repairs, load testing, comprehensive maintenance programs, Ultra Care & Premium Care, safety assessments, rentals, and battery recycling.
For more than 40 years, Texas Industrial Energy has provided high-quality products and services in the industrial battery and charger market and brings a trusted reputation and valued customer service record to the table. "We are better together than apart," said Jonathan Houston, President of TIE, about the Motive acquisition. "This is a win-win for our current and future customers as we will be able to provide them with better end-to-end solutions."
Motive Energy would like to acknowledge Jimmy Hilton and Pat Montoux and their family for their success. They previously ran Texas Industrial Energy for over 40 years and Motive Energy is thankful for their leadership and customer service. Motive Energy is glad to have Pat Montoux and Jonathan Houston joining the Motive team and continuing to serve our customers.
Established in 1979 in Southern California, Motive Energy (Power Solutions) is a leading provider of advanced power and energy solutions. Driven by the desire to deliver premium quality products, Motive Energy provides all battery, power, renewable energy, and charging solutions for your business. As the largest forklift battery and ACT charger distributor in the United States, Motive Energy delivers high-quality products and sustainable solutions that help customers diversify their fleet in the most efficient, cost-effective manner. No matter where you are on your journey to optimize your fleet or business, Motive Energy has the batteries, energy sources, and charging solutions you need to confidently take the next step into the future. For additional information, visit https://www.motiveenergy.com/power-solutions/.
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SOURCE Motive Energy | https://www.whsv.com/prnewswire/2022/08/31/motive-energy-acquires-texas-industrial-energy/ | 2022-09-01T02:48:42Z |
KANSAS CITY, Mo., Aug. 31, 2022 /PRNewswire/ -- The National Association of Insurance Commissioners (NAIC) is currently accepting applications for its 2023 Consumer Participation Program.
Established in 1992, the Consumer Participation Program promotes consumer representation and interaction with NAIC members by providing an opportunity for individuals to participate in NAIC meetings, provided they represent consumer interests and meet established criteria for appointment.
"This year marks 30 years that the Consumer Participation Program has been helping position the voice of the consumer at the forefront as state regulators address priorities that impact consumers," said Colorado Insurance Commissioner and Chair of the Consumer Liaison Committee Michael Conway.
One option for individuals to participate in the Consumer Participation Program is for the NAIC to provide funding in the form of travel expense reimbursement. To qualify for such funding, the candidate shall have a commitment to representing consumer interests in insurance regulation, be willing to fully participate in NAIC national meetings and related conference calls, and have demonstrated expertise and experience on insurance-related issues addressed by the NAIC. Individuals who do not need funding may apply to participate in the Consumer Participation Program as an unfunded consumer representative.
"A fundamental responsibility of every insurance commissioner is to protect our consumers. The NAIC recognizes the important role consumer representatives can play in achieving that responsibility," said NAIC President and Idaho Director of Insurance Dean L. Cameron. "We look forward to applicants who are engaged, thoughtful, and are willing to share their diverse perspectives."
The NAIC website (naic.org) provides additional information about the NAIC's Consumer Participation Program and describes the application process.
The application deadline is 5:00 p.m. Central Time on Oct. 31, 2022. All applicants are required to complete the application, sign the Conflict-of-Interest Statement, and attach all documents requested. Applicants will be selected in December and notified prior to the Spring National Meeting in 2023.
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SOURCE National Association of Insurance Commissioners | https://www.whsv.com/prnewswire/2022/08/31/naic-now-accepting-applications-2023-consumer-representatives/ | 2022-09-01T02:48:48Z |
DURANGO, Colo., Aug. 31, 2022 /PRNewswire/ -- A premier cannabis botanist has been named director of product safety for National Cannabis Risk Prevention Services, preparing the organization to launch and build a product safety program to serve the needs of the growing industry.
Andrew Hatch has an extensive background in agricultural science, including nearly all parts of cannabis production, as well as cannabis-specific research, plant pathology, plant tissue culture, and plant breeding. He previously owned Rikki's Tropicals, a Colorado nursery dedicated to the conservation of endangered orchid species. He is a frequent lecturer at universities and botanic gardens, and actively mentors students in the fields of agricultural and horticultural science.
Mr. Hatch also previously directed research in the Scientific Operations department for Native Roots, a large vertically integrated cannabis dispensary chain. In this role, he led a team of scientists, driving process optimization, ensuring product safety, maximizing yields, developing high-throughput tissue culture protocols, and creating continuing education classes and training tools. The team also maintained a plant pathology lab for crop protection.
"Product risk in cannabis is still little understood by many operators in our industry, but it can cause serious human illness, loss of license, and cripple or destroy an unprepared business," said Andrew Hatch.
Mr. Hatch earned a Bachelor of Science degree in Soil and Crop Sciences: Plant Biotechnology, Genetics, and Breeding from Colorado State University, and resides in Fort Collins.
"NCRPS has long represented that product risk was the leading threat to the projected cannabis market sustainability," said Rocco Petrilli, president, and CEO of NCRPS. "Although it was always a major portion of our assessment and education process, the addition of Andrew to our team now allows for a focused approach which gives this risk the attention it deserves."
Mr. Hatch's addition strengthens NCRPS's existing team, which also includes Ian Stewart, an attorney with the Wilson Elser law firm, who is a thought leader in cannabis product risk avoidance and defense.
"Andrew has a rare combination of subject matter expertise, including botany, genetics, microbiology, and pathology all with a specific focus on cannabis. The addition of Andrew to our team puts as thought leaders for product safety and risk in the industry," said Alex Hearding, NCRPS Chief Risk Management Officer.
"NCRPS continues to extend its cannabis risk management market leader position with this focus," said Petrilli. "We knew we were early to this market but are now well positioned and scales to deliver our vital products and services to the industry."
ABOUT NCRPS: NCRPS offers the cannabis industry an enterprise-wide business risk framework assessment and improvement process. Outputs of the assessment provide the client with a series of categorized risk scores (which are analogous to credit scores) measured against established best in class risk practices in a report that effectively provides a gap analysis and customized corrective action syllabus which directs the client to prioritize based on their criticality to business operations, cost control/reduction and continuous improvement objectives.
NCRPS recently combined with the National Cannabis Risk Management Association (NCRMA) and will serve as the lead brand while NCRMA manages association membership and the NCRM Academy's educational offerings.
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NEW YORK, Aug. 31, 2022 /PRNewswire/ -- Neuberger Berman High Yield Strategies Fund Inc. (NYSE American: NHS) (the "Fund") has announced a distribution declaration of $0.0905 per share of common stock. The distribution announced today is payable on September 30, 2022, has a record date of September 15, 2022 and has an ex-date of September 14, 2022.
Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.0905 per share of common stock, unless further action is taken to determine another amount. The Fund's ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, the cost of leverage and the level of other Fund fees and expenses. There is no assurance that the Fund will always be able to pay a distribution of any particular amount or that a distribution will consist only of net investment income.
Due to an effort to maintain a stable distribution amount, the distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2022 will be made after the end of the year.
About Neuberger Berman
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman's diverse team has over 2,500 professionals. For eight consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $418 billion in client assets as of June 30, 2022. For more information, please visit our website at www.nb.com.
Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
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SOURCE Neuberger Berman | https://www.whsv.com/prnewswire/2022/08/31/neuberger-berman-high-yield-strategies-fund-announces-monthly-distribution/ | 2022-09-01T02:49:02Z |
NEW YORK, Aug. 31, 2022 /PRNewswire/ -- Neuberger Berman MLP and Energy Income Fund Inc. (NYSE American: NML) (the "Fund") has announced a distribution declaration of $0.02266 per share of common stock. The distribution announced today is payable on September 30, 2022, has a record date of September 15, 2022 and has an ex-date of September 14, 2022.
The Fund currently intends to make regular monthly cash distributions to holders of its common stock at a fixed rate per share, to be determined based on the projected net rate of return of the Fund's investments as well as other factors, subject to ongoing review and adjustment from time to time. The Fund currently intends to pay its regular monthly distributions out of its distributable cash flow, which generally consists of (1) cash and paid-in-kind distributions from master limited partnerships ("MLPs") or their affiliates, dividends from common stocks, interest from debt instruments and income from other investments held by the Fund less (2) current or accrued operating expenses, including leverage costs, if any, and taxes on its taxable income.
The Fund expects that a portion of its distributions to stockholders will constitute a non-taxable return of capital. A "return of capital" is a distribution by the Fund which represents a return of a common stockholder's original investment, and should not be confused with a dividend. To the extent the Fund pays a return of capital, a common stockholder's basis in Fund shares will be reduced, which will increase a capital gain or reduce a capital loss upon sale of those shares. There is no assurance that the Fund will always be able to pay a distribution of any particular amount, or that a distribution will consist solely of the Fund's current and accumulated earnings and profits.
In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2022 will be made after the end of the year.
The Fund is subject to federal income tax on its taxable income, unlike most investment companies. Any taxes paid by the Fund will reduce the amount available to pay distributions to stockholders, and therefore investors in the Fund will likely receive lower distributions than if they invested directly in MLPs.
About Neuberger Berman
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman's diverse team has over 2,500 professionals. For eight consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $418 billion in client assets as of June 30, 2022. For more information, please visit our website at www.nb.com.
Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
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SOURCE Neuberger Berman | https://www.whsv.com/prnewswire/2022/08/31/neuberger-berman-mlp-energy-income-fund-announces-monthly-distribution/ | 2022-09-01T02:49:16Z |
NEW YORK, Aug. 31, 2022 /PRNewswire/ -- Neuberger Berman Next Generation Connectivity Fund Inc. (NYSE: NBXG) (the "Fund") has announced a distribution declaration of $0.10 per share of common stock. The distribution announced today is payable on September 30, 2022, has a record date of September 15, 2022 and has an ex-date of September 14, 2022.
Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.10 per share of common stock, unless further action is taken to determine another amount. The Fund's ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, availability of capital gains, and the level of other Fund fees and expenses. There is no assurance that the Fund will always be able to pay a distribution of any particular amount or that a distribution will consist of only net investment income.
Due to an effort to maintain a stable distribution amount, the distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2022 will be made after the end of the year.
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman's diverse team has over 2,500 professionals. For eight consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $418 billion in client assets as of June 30, 2022. For more information, please visit our website at www.nb.com.
Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
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SOURCE Neuberger Berman | https://www.whsv.com/prnewswire/2022/08/31/neuberger-berman-next-generation-connectivity-fund-announces-monthly-distribution/ | 2022-09-01T02:49:26Z |
NEW YORK, Aug. 31, 2022 /PRNewswire/ -- Neuberger Berman Real Estate Securities Income Fund Inc. (NYSE American: NRO) (the "Fund") has announced a distribution declaration of $0.0312 per share of common stock. The distribution announced today is payable on September 30, 2022, has a record date of September 15, 2022 and has an ex-date of September 14, 2022.
Under its level distribution policy, the Fund anticipates that it will make regular monthly distributions, subject to market conditions, of $0.0312 per share of common stock, unless further action is taken to determine another amount. There is no assurance that the Fund will always be able to pay a distribution of any particular amount, or that a distribution will consist of only net investment income. The Fund's ability to maintain its current distribution rate will depend on a number of factors, including the amount and stability of income received from its investments, availability of capital gains, the amount of leverage employed by the Fund, the cost of leverage and the level of other Fund fees and expenses.
The distribution announced today, as well as future distributions, may consist of net investment income, net realized capital gains and return of capital. In compliance with Section 19 of the Investment Company Act of 1940, as amended, a notice would be provided for any distribution that does not consist solely of net investment income. The notice would be for informational purposes and not for tax reporting purposes, and would disclose, among other things, estimated portions of the distribution, if any, consisting of net investment income, capital gains and return of capital. The final determination of the source and tax characteristics of all distributions paid in 2022 will be made after the end of the year.
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity, real estate and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 25 countries, Neuberger Berman's diverse team has over 2,500 professionals. For eight consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). In 2020, the PRI named Neuberger Berman a Leader, a designation awarded to fewer than 1% of investment firms for excellence in Environmental, Social and Governance (ESG) practices. The PRI also awarded Neuberger Berman an A+ in every eligible category for our approach to ESG integration across asset classes. The firm manages $418 billion in client assets as of June 30, 2022. For more information, please visit our website at www.nb.com.
Statements made in this release that look forward in time involve risks and uncertainties. Such risks and uncertainties include, without limitation, the adverse effect from a decline in the securities markets or a decline in the Fund's performance, a general downturn in the economy, competition from other closed end investment companies, changes in government policy or regulation, inability of the Fund's investment adviser to attract or retain key employees, inability of the Fund to implement its investment strategy, inability of the Fund to manage rapid expansion and unforeseen costs and other effects related to legal proceedings or investigations of governmental and self-regulatory organizations.
Contact:
Neuberger Berman Investment Advisers LLC
Investor Information
(877) 461-1899
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SOURCE Neuberger Berman | https://www.whsv.com/prnewswire/2022/08/31/neuberger-berman-real-estate-securities-income-fund-announces-monthly-distribution/ | 2022-09-01T02:49:32Z |
BOCA RATON, Fla., Aug. 31, 2022 /PRNewswire/ -- As a leading fitness brand, Orangetheory Fitness is committed to continued market growth and new studio openings around the world. To further develop the brand's worldwide presence, Orangetheory today announced that it has appointed Jason Dunlop as President of International, overseeing the brand's international studio portfolio and ongoing expansion efforts.
Dunlop joins Orangetheory with a proven track record of leadership and international development, with some of the world's best-known brands, including CrossFit, Canada Goose, Starbucks, and Nike. As demonstrated in his prior executive positions, Dunlop is an industry veteran with an extensive background in franchise business management, global sales, direct to consumer business and hypergrowth in global markets.
In his new role, Dunlop will work to further expand and develop an already robust international network. In 2022, Orangetheory opened new locations in Puerto Rico, Canada, Mexico, China, New Zealand, Saudi Arabia, Denmark, Spain, and Poland, as well as the brand's first studio in France. Dunlop will manage new studio openings slated for 2023 and beyond, including those planned in North and South America, Europe, Asia Pacific and the Middle East.
"As Orangetheory Fitness continues to grow as a leader in the fitness and wellness category, Jason Dunlop was the clear choice to help lead us in our mission to spread 'More Life' across the globe," said Dave Long, Co-founder and Chief Executive Officer of Orangetheory Fitness. "With Jason's history of success, we know he has the vision and skills to champion our international efforts – we welcome him to the Orangetheory Fitness team."
"I have been fortunate to spend my career leading global development and strategies for some of the world's most recognizable brands, and I am excited for the international growth potential I see at Orangetheory Fitness," said Dunlop. "I look forward to working to advance Orangetheory's strategic business goals, while introducing more people globally to the brand's unique and cutting-edge fitness approach."
Prior to his appointment, Dunlop served as Global President at CrossFit, LLC where he led CrossFit's Global Affiliate team, Education and Sports Division. As Senior Vice President at Canada Goose, Dunlop was responsible for sales across all international channels including brand and product. During his time at Starbucks, Dunlop was the company's Senior Vice President and Chief Operations Officer, where he restructured the business to become a licensing and franchising model across 4,500 locations and 59 countries. At Nike, Dunlop managed the brand's direct-to-consumer and franchising businesses in Europe, the Middle East and Africa, including store growth and digital expansion across 47 countries.
For more information on Orangetheory Fitness, visit www.orangetheory.com.
About Orangetheory
Orangetheory® Fitness (orangetheory.com) is a heart-rate based, total-body group workout combining science, coaching and technology created to help you achieve your desired results and live a more vibrant life. One of the world's fastest-growing franchise companies, Orangetheory developed a workout designed for all fitness abilities to foster a shared community experience by connecting members and coaches. The Orangetheory workout charges your metabolism for MORE caloric afterburn, MORE results, and MORE confidence, all to deliver you MORE LIFE. Orangetheory franchisees have opened more than 1,500 studios in all 50 U.S. states and 24 countries. The company was ranked #60 in Inc. Magazine's Fastest Growing Private Companies list and was listed as #9 on Entrepreneur Fastest-Growing Franchise 500 list. Visit https://www.orangetheory.com/en-us/international-opportunities/ for global franchise opportunities.
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SOURCE Orangetheory Fitness | https://www.whsv.com/prnewswire/2022/08/31/orangetheory-fitness-appoints-jason-dunlop-president-international/ | 2022-09-01T02:49:44Z |
NEW YORK, Aug. 31, 2022 /PRNewswire/ -- Paramount Global (NASDAQ: PARA; PARAA) today announced that Brian Robbins, President and Chief Executive Officer of Paramount Pictures and Nickelodeon, and Chief Content Officer, Movies and Kids & Family, Paramount+, will participate in a question and answer session during the BofA Securities 2022 Media, Communications and Entertainment Conference in Los Angeles, CA on Wednesday, September 7, 2022, at 11:50 a.m. ET.
A live audio webcast will be available on Paramount's Investor Relations homepage at ir.paramount.com. A replay of the audio webcast will be available in the Events, Webcasts & Annual Meetings section shortly after the conclusion of the presentation.
About Paramount
Paramount Global (NASDAQ: PARA, PARAA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic studios, networks and streaming services, Paramount's portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. Paramount delivers the largest share of the U.S. television audience and boasts one of the industry's most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, the company provides powerful capabilities in production, distribution and advertising solutions.
For more information about Paramount, please visit www.paramount.com and follow @Paramount on social platforms.
PARA-IR
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SOURCE Paramount Global | https://www.whsv.com/prnewswire/2022/08/31/paramount-globals-brian-robbins-president-chief-executive-officer-paramount-pictures-participate-bofa-securities-2022-media-communications-entertainment-conference/ | 2022-09-01T02:49:50Z |
Becomes 20th location in Dallas area
PROSPER, Texas, Aug. 31, 2022 /PRNewswire/ -- Peak Physical Therapy opened a second Prosper outpatient clinic today, achieving 20 locations in the Dallas area.
Peak, which began in 2000 with a single clinic in McKinney, offers outpatient orthopedic physical therapy, including pre- and post-operative rehabilitation, manual therapy, sports rehabilitation and injury prevention.
The new Prosper West clinic, as it is called, is at 2810 Fishtrap Road, Suite 40, and operates 8 a.m. to 7 p.m. Monday and Wednesday; 8 a.m. to 2 p.m. Tuesday and Thursday; and 7 a.m. to 2 p.m. Friday. To make an appointment, call 972-400-1771.
Clinic director Jarrad Matthews earned a bachelor's degree in sports management from Texas A&M University and a doctor of physical therapy degree from the University of Washington.
Matthews is an orthopedic clinical specialist and is certified in trigger point dry needling. His clinical interests include spinal conditions, vestibular rehabilitation, sports medicine and orthopedic conditions.
Peak's other local clinic is at 1000 N. Preston Road, Suite 50.
Part of the Upstream Rehabilitation family of clinical care, Peak offers access to care within 24 hours and works with all insurance types.
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SOURCE Upstream Rehabilitation | https://www.whsv.com/prnewswire/2022/08/31/peak-physical-therapy-opens-outpatient-clinic-prosper-texas/ | 2022-09-01T02:49:57Z |
WILLOW PARK, Texas, Aug. 31, 2022 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: PFHC) ("ProFrac" or the "Company") announced today that Matt Wilks, Executive Chairman, and Lance Turner, Chief Financial Officer, will be presenting at the Barclays 2022 CEO Energy-Power Conference in New York City on Wednesday, September 7, 2022, from 10:20 a.m. - 10:50 a.m. Eastern Daylight Time. The presentation will be broadcast live over the internet and can be accessed via the Company's website at https://ir.pfholdingscorp.com/news-events/ir-calendar.
About ProFrac Holding Corp.
ProFrac Holding Corp. is a growth-oriented, vertically integrated and innovation-driven energy services company providing hydraulic fracturing, completion services and other complementary products and services to leading upstream oil and gas companies engaged in the exploration and production ("E&P") of North American unconventional oil and natural gas resources. Founded in 2016, ProFrac was built to be the go-to service provider for E&P companies' most demanding hydraulic fracturing needs. ProFrac is focused on employing new technologies to significantly reduce "greenhouse gas" emissions and increase efficiency in what has historically been an emissions-intensive component of the unconventional E&P development process. For more information, please visit the ProFrac's website at www.pfholdingscorp.com.
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SOURCE ProFrac Holding Corp. | https://www.whsv.com/prnewswire/2022/08/31/profrac-holding-corp-present-barclays-2022-ceo-energy-power-conference/ | 2022-09-01T02:50:04Z |
RED BANK, N.J., Aug. 31, 2022 /PRNewswire/ -- Provention Bio, Inc. (Nasdaq: PRVB) (the "Company"), a biopharmaceutical company dedicated to intercepting and preventing immune-mediated diseases, today announced that the Company has secured a term loan facility of up to $125 million with Hercules Capital, Inc. (NYSE: HTGC), a leader in customized financing for companies in life sciences.
"This term loan facility significantly strengthens our balance sheet ahead of teplizumab's potential commercial launch and provides the Company with additional financial flexibility as we continue to work to change the landscape for patients with type 1 diabetes," said Thierry Chauche, Chief Financial Officer of Provention Bio.
"Hercules is proud to partner with Provention Bio ahead of the potential approval and commercial launch of teplizumab," said Bryan Jadot, Senior Managing Director and Life Sciences Group Head at Hercules Capital. "This substantial capital commitment from Hercules aims to help Provention Bio deliver on their important mission to improve the lives of people at risk for type 1 diabetes."
The term loan facility provides for up to $125 million of term loans in the aggregate, available to be funded in up to five tranches. The first tranche in an amount equal to $25 million was drawn at closing. The Company may draw the second tranche in an amount equal to $40 million upon approval of teplizumab, subject to certain conditions. The third and fourth tranches will be available to the Company in an aggregate amount of up to $35 million, subject to satisfaction of certain conditions, including achievement of certain milestones. The availability of the fifth tranche of up to $25 million is subject to the approval of the lenders.
Jefferies acted as exclusive financial advisor to the Company on the transaction.
About Provention Bio, Inc.:
Provention Bio, Inc. (Nasdaq: PRVB) is a biopharmaceutical company focused on advancing the development of investigational therapies that may intercept and prevent debilitating and life-threatening immune-mediated diseases. The BLA for teplizumab, its lead investigational drug candidate, for the delay of progression to Stage 3 clinical type 1 diabetes in at-risk individuals has been filed by the FDA. The Company's pipeline includes additional clinical-stage product candidates that have demonstrated in pre-clinical or clinical studies proof-of-mechanism and/or proof-of-concept in other autoimmune diseases, including celiac disease and lupus. Visit www.ProventionBio.com for more information and follow us on Twitter: @ProventionBio.
Internet Posting of Information:
Provention Bio, Inc. uses its website, www.proventionbio.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation F.D. Such disclosures will be included on the Company's website in the "News" section. Accordingly, investors should monitor this portion of the Company's website, in addition to following its press releases, SEC filings and public conference calls and webcasts.
Forward Looking Statements:
Certain statements in this press release are forward-looking, including but not limited to, statements relating to the medical need in T1D at-risk patients, the potential commercialization of teplizumab. These statements may be identified by the use of forward-looking words such as "may" and "believe," among others. These forward-looking statements are based on the Company's current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. These factors include, but are not limited to, risks related to FDA disagreeing with the Company's interpretation of data and analysis and information in the BLA resubmission; delays in or failure to obtain FDA approvals for teplizumab or other Company product candidates and the potential for noncompliance with FDA regulations; any inability to successfully work with FDA to address its concerns and requests in a timely manner or at all during the review process for teplizumab, including any inability to provide the FDA with data, analysis or other information sufficient to support an approval of the BLA for teplizumab; any inability to satisfactorily address matters PK comparability, product quality, safety or any other FDA requirements during the BLA review process to obtain an approval of teplizumab; the potential impacts of COVID-19 on our business and financial results; changes in law, regulations, or interpretations and enforcement of regulatory guidance; uncertainties of patent protection and litigation; the Company's dependence upon third parties; substantial competition; the Company's need for additional financing and the risks listed under "Risk Factors" in the Company's quarterly report on Form 10-Q for the quarter ended June 30, 2022 and any subsequent filings with the Securities and Exchange Commission. As with any pharmaceutical under development, there are significant risks in the development, regulatory approval and commercialization of new products. Provention does not undertake an obligation to update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by applicable law. The information set forth herein speaks only as of the date hereof.
Investor Contact:
Robert Doody, VP, Investor Relations
rdoody@proventionbio.com
484-639-7235
Media Contact:
Kaelan Hollon, VP, Corporate Communications
khollon@proventionbio.com
202-421-4921
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SOURCE Provention Bio, Inc. | https://www.whsv.com/prnewswire/2022/08/31/provention-bio-announces-125-million-term-loan-facility-with-hercules-capital/ | 2022-09-01T02:50:15Z |
HOUSTON, Aug. 31, 2022 /PRNewswire/ -- Quanta Services, Inc. (NYSE: PWR) announced today that its Board of Directors has declared a quarterly cash dividend to stockholders of $0.07 per share. The dividend is payable on October 14, 2022, to stockholders of record as of October 3, 2022.
About Quanta Services
Quanta Services is a leading specialized contracting services company, delivering comprehensive infrastructure solutions for the utility, renewable energy, communications, pipeline and energy industries. Quanta's comprehensive services include designing, installing, repairing and maintaining energy and communications infrastructure. With operations throughout the United States, Canada, Australia and select other international markets, Quanta has the manpower, resources and expertise to safely complete projects that are local, regional, national or international in scope. For more information, visit www.quantaservices.com.
Cautionary Statement About Forward-Looking Statements
This press release (and any oral statements regarding the subject matter of this press release) contains forward-looking statements intended to qualify for the "safe harbor" from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements relating to expectations regarding the declaration, amount or timing of any future dividends; expectations regarding Quanta's business or financial outlook; and Quanta's ability to deliver increased value or return capital to stockholders; as well as statements reflecting expectations, intentions, assumptions or beliefs about future events and other statements that do not relate strictly to historical or current facts. These forward-looking statements are not guarantees of future performance, involve or rely on a number of risks, uncertainties, and assumptions that are difficult to predict or are beyond our control, and reflect management's beliefs and assumptions based on information available at the time the statements are made. We caution you that actual outcomes and results may differ materially from what is expressed, implied or forecasted by our forward-looking statements and that any or all of our forward-looking statements may turn out to be inaccurate or incorrect. Forward-looking statements can be affected by inaccurate assumptions and by known or unknown risks and uncertainties, including, among others, market, industry, economic, financial or political conditions outside of the control of Quanta, quarterly variations in operating results, liquidity, financial condition, cash flows, capital requirements, reinvestment opportunities or other financial results; requirements relating to dividends under Delaware law and the credit agreement for Quanta's senior credit facility; and other risks and uncertainties detailed in Quanta's Annual Report on Form 10-K for the year ended Dec. 31, 2021, Quanta's most recently filed Quarterly Report on Form 10-Q and any other documents that Quanta files with the Securities and Exchange Commission (SEC). For a discussion of these risks, uncertainties and assumptions, investors are urged to refer to Quanta's documents filed with the SEC that are available through the company's website at www.quantaservices.com or through the SEC's Electronic Data Gathering and Analysis Retrieval System (EDGAR) at www.sec.gov. Should one or more of these risks materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expressed or implied in any forward-looking statements. Investors are cautioned not to place undue reliance on these forward-looking statements, which are current only as of this date. Quanta does not undertake and expressly disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Quanta further expressly disclaims any written or oral statements made by any third party regarding the subject matter of this press release.
Investors - Kip Rupp, CFA, IRC
Quanta Services, Inc.
(713) 341-7260
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SOURCE Quanta Services, Inc. | https://www.whsv.com/prnewswire/2022/08/31/quanta-services-announces-quarterly-cash-dividend/ | 2022-09-01T02:50:22Z |
SÃO PAULO, Aug. 31, 2022 /PRNewswire/ -- By participating in the latest edition of our virtual tomorrow, you will get a first-hand update about Itaú Unibanco's strategic vision for the future, which is anchored on client-centricity.
Tomorrow Sept., 1st from 8a.m. to 11a.m. (EDT)
Participants:
Pedro Moreira Salles and Roberto Setubal - Co-chairmen of the Board of Directors
Milton Maluhy Filho - CEO
All members of the Executive Committee
Visit our website for further information: https://www.itau.com.br/relacoes-com-investidores/en/
CONTACT: Itaú Unibanco – Comunicação Corporativa
Telefone: (11) 5019-8880 / 8881
E-mail: imprensa@itau-unibanco.com.br
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SOURCE Itaú Unibanco Holding S.A. | https://www.whsv.com/prnewswire/2022/08/31/reminder-ita-day-2022/ | 2022-09-01T02:50:29Z |
VANCOUVER, BC, Aug. 31, 2022 /PRNewswire/ - Sandstorm Gold Ltd. ("Sandstorm Gold Royalties", "Sandstorm" or the "Company") (NYSE: SAND) (TSX: SSL) is pleased to report the closing of the first part of the previously announced reverse takeover transaction (the "RTO Part A") of Horizon Copper Corp. (formerly Royalty North Partners Ltd.) ("Horizon Copper" or "Horizon"), including the sale of the Company's 30% interest in the Hod Maden project to Horizon (the "Sale Transaction") and the receipt of a $200 million gold stream on production from Hod Maden (the "Hod Maden Gold Stream").
"Since announcing the transformation of our Hod Maden interest into a traditional gold stream earlier this year, we have received overwhelmingly positive feedback from shareholders who are eager to see Sandstorm become a pure-play royalty and streaming company once again," commented Nolan Watson, Sandstorm's President & CEO. "This is a significant milestone that we have been working towards since acquiring Hod Maden several years ago. Furthermore, we're very pleased to see Horizon Copper complete the first part of its RTO and solidify its position as Sandstorm's strategic partner for future acquisitions."
As part of the Sale Transaction, Sandstorm transferred to Horizon its 30% interest in Hod Maden as well as US$10 million in cash and a 25% equity stake in Entrée Resources Ltd.1 ("Entrée") (collectively, the "RTO Part A Assets"). Consideration for the RTO Part A Assets provided to Sandstorm by Horizon include the Hod Maden Gold Stream, an approximate 34% equity interest in Horizon Copper2 common shares, and a secured convertible promissory note with a principal amount of US$95 million. For full details see the Company's press releases dated February 17, 2022, May 2, 2022, and May 26, 2022.
Under the terms of the Hod Maden Gold Stream, Horizon will sell to Sandstorm gold ounces equal to 20% of all gold produced from Hod Maden (on a 100% basis) at a price equal to 50% of the gold spot price until 405,000 ounces of gold are delivered (the "Delivery Threshold"). Once the Delivery Threshold has been reached, Horizon Copper will sell to Sandstorm 12% of the gold produced for the life of the mine for a price equal to 60% of the gold spot price. The Hod Maden Gold Stream will be secured by Horizon's indirect interest in the Hod Maden project.
The second part of the transaction, independent of RTO Part A, will encompass the acquisition of a 1.66% net profits interest on the low-cost, high-grade Antamina copper mine from Sandstorm (the "RTO Part B" and together with the RTO Part A, the "Transaction") and is expected to close in the second half of 2022. RTO Part B is contingent, among other conditions, on Horizon completing the proposed concurrent financing for gross proceeds of a minimum of US$20 million (the "Concurrent Financing") payable to Sandstorm as described in Horizon Copper's Management Information Circular available on SEDAR at www.sedar.com under its issuer profile.
Upon completion of the Transaction, Horizon Copper will continue to be listed on the TSX Venture Exchange as a Tier 1 Mining Issuer under the anticipated trading symbol "HCU". Pending the completion or termination of RTO Part B, the trading of Horizon's common shares on the TSX Venture Exchange will remain halted.
Pursuant to National Instrument 62-103 - The Early Warning System and Related Take Over Bid and Insider Reporting Issues, Sandstorm is announcing the receipt of an aggregate of 25,475,487 common shares (the "Horizon Shares"), in partial consideration for the Sale Transaction. The acquisition of the Horizon Shares represents approximately 34% of the outstanding common shares of Horizon Copper, on a non-diluted basis. Prior to the Sale Transaction Sandstorm did not own any securities of Horizon Copper.
In addition, as partial consideration for the Sales Transaction, Sandstorm received a convertible promissory note (the "Note"), which is convertible into common shares of Horizon either by Sandstorm or Horizon in repayment of the Note subject to certain conditions.
Pursuant to the terms of the Note the initial principal amount of the Note will be US$95 million (the "Term Loan"). In addition, Sandstorm will make certain additional funds available to Horizon, (the "Additional Funds" and together with the Term Loan, the "Loans") under certain limited circumstances, including the purchase of refined gold to meet Horizon's ongoing gold delivery obligations. The Loans will bear interest at SOFR plus a margin (currently 2.0%–3.5% per annum). Notwithstanding the foregoing, the Loans will not bear interest during the holiday period, being the period from the Closing Date, to the earlier of * January 1, 2026; and (y) when Horizon or its affiliates have started to receive dividends from the entity holder of the Hod Maden project.
The Loans are payable in cash and have a term of ten years. The Loans will be convertible into Horizon common shares at the option of Sandstorm at a conversion price for the Term Loan equal to the greater of * the current market price as of the date of conversion and (y) the floor price of C$0.60 per Horizon common shares, and for the Additional Funds at a conversion price equal the greater of (xx) the current market price as of the date of conversion, (yy) the current market price as of the date of any drawdown and (zz) the floor price of C$0.60, subject in each instance to adjustments in certain circumstances. Horizon may also, at its option repay the Term Loan in Horizon Copper Shares at the then current market price, provided that if the current market price is lower than the C$0.60 per Horizon common share, Horizon shall not be entitled to exercise its right to repay the Term Loan in Horizon common shares. Horizon shall not effect any conversion of any amount under the Note or any payment by the issuance of and Sandstorm shall not have the right to convert any amount thereunder, to the extent that after giving effect to such conversion or issuance Sandstorm, alone or together with any of its affiliates, would beneficially own in excess of 34% of the number of Horizon common shares outstanding immediately after giving effect to such conversion or issuance on a non-diluted basis.
In connection with RTO Part A, Sandstorm was granted certain rights by Horizon under an investor rights agreement, including, among other things a right to maintain its pro rata equity interest so long as it holds at least a 30% equity interest in Horizon.
The acquisition of the Horizon Shares and the Note is being completed pursuant to the terms of a definitive acquisition agreement entered into between Horizon and Sandstorm in connection with the RTO Part A. Depending on market conditions and other factors, Sandstorm may, from time to time, acquire additional securities of Horizon, dispose of some or all of the existing or additional securities it holds or will hold, or may continue to hold its current position.
An Early Warning Report, as required under National Instrument 62-103, contains additional information with respect to the foregoing matters and will be filed by the Company on Horizon Copper's SEDAR profile at www.sedar.com. To obtain a copy of the report, contact Mark Klausen at 604 628 1164. Horizon Copper's head office is located at 400 Burrard St, Suite 1400, Vancouver, BC V6C 3A6.
For more information about Sandstorm Gold Royalties, please visit our website at www.sandstormgold.com or email us at info@sandstormgold.com.
Sandstorm is a gold royalty company that provides upfront financing to gold mining companies that are looking for capital and in return, receives the right to a percentage of the gold produced from a mine, for the life of the mine. Sandstorm holds a portfolio of 250 royalties, of which 39 of the underlying mines are producing. Sandstorm plans to grow and diversify its low cost production profile through the acquisition of additional gold royalties. For more information visit: www.sandstormgold.com.
The financial information included or incorporated by reference in this press release or the documents referenced herein has been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board, which differs from US generally accepted accounting principles ("US GAAP") in certain material respects, and thus are not directly comparable to financial statements prepared in accordance with US GAAP.
This press release and the documents incorporated by reference herein, as applicable, have been prepared in accordance with Canadian standards for the reporting of mineral resource and mineral reserve estimates, which differ from the previous and current standards of the United States securities laws. In particular, and without limiting the generality of the foregoing, the terms "mineral reserve", "proven mineral reserve", "probable mineral reserve", "inferred mineral resources,", "indicated mineral resources," "measured mineral resources" and "mineral resources" used or referenced herein and the documents incorporated by reference herein, as applicable, are Canadian mineral disclosure terms as defined in accordance with Canadian National Instrument 43-101 — Standards of Disclosure for Mineral Projects ("NI 43-101") and the Canadian Institute of Mining, Metallurgy and Petroleum (the "CIM") — CIM Definition Standards on Mineral Resources and Mineral Reserves, adopted by the CIM Council, as amended (the "CIM Definition Standards").
For United States reporting purposes, the United States Securities and Exchange Commission (the "SEC") has adopted amendments to its disclosure rules (the "SEC Modernization Rules") to modernize the mining property disclosure requirements for issuers whose securities are registered with the SEC under the Exchange Act, which became effective February 25, 2019. The SEC Modernization Rules more closely align the SEC's disclosure requirements and policies for mining properties with current industry and global regulatory practices and standards, including NI 43-101, and replace the historical property disclosure requirements for mining registrants that were included in SEC Industry Guide 7. Issuers were required to comply with the SEC Modernization Rules in their first fiscal year beginning on or after January 1, 2021. As a foreign private issuer that is eligible to file reports with the SEC pursuant to the multi-jurisdictional disclosure system, the Corporation is not required to provide disclosure on its mineral properties under the SEC Modernization Rules and will continue to provide disclosure under NI 43-101 and the CIM Definition Standards. Accordingly, mineral reserve and mineral resource information contained or incorporated by reference herein may not be comparable to similar information disclosed by United States companies subject to the United States federal securities laws and the rules and regulations thereunder.
As a result of the adoption of the SEC Modernization Rules, the SEC now recognizes estimates of "measured mineral resources", "indicated mineral resources" and "inferred mineral resources." In addition, the SEC has amended its definitions of "proven mineral reserves" and "probable mineral reserves" to be "substantially similar" to the corresponding CIM Definition Standards that are required under NI 43-101. While the SEC will now recognize "measured mineral resources", "indicated mineral resources" and "inferred mineral resources", U.S. investors should not assume that all or any part of the mineralization in these categories will be converted into a higher category of mineral resources or into mineral reserves without further work and analysis. Mineralization described using these terms has a greater amount of uncertainty as to its existence and feasibility than mineralization that has been characterized as reserves. Accordingly, U.S. investors are cautioned not to assume that all or any measured mineral resources, indicated mineral resources, or inferred mineral resources that the Company reports are or will be economically or legally mineable without further work and analysis. Further, "inferred mineral resources" have a greater amount of uncertainty and as to whether they can be mined legally or economically. Therefore, U.S. investors are also cautioned not to assume that all or any part of inferred mineral resources will be upgraded to a higher category without further work and analysis. Under Canadian securities laws, estimates of "inferred mineral resources" may not form the basis of feasibility or pre-feasibility studies, except in rare cases. While the above terms are "substantially similar" to CIM Definitions, there are differences in the definitions under the SEC Modernization Rules and the CIM Definition Standards. Accordingly, there is no assurance any mineral reserves or mineral resources that the Company may report as "proven mineral reserves", "probable mineral reserves", "measured mineral resources", "indicated mineral resources" and "inferred mineral resources" under NI 43-101 would be the same had the Company prepared the reserve or resource estimates under the standards adopted under the SEC Modernization Rules or under the prior standards of SEC Industry Guide 7.
This press release contains "forward-looking statements", within the meaning of the U.S. Securities Act of 1933, the U.S. Securities Exchange Act of 1934, the Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation, concerning the business, operations and financial performance and condition of Sandstorm Gold Royalties. Forward-looking statements include, but are not limited to, the expectation that the Horizon Copper RTO Part B will be consummated, including whether conditions to the consummation of the Transaction will be satisfied, or the timing for completing the Transaction including whether the proposed Concurrent Financing will be complete; expectations that Horizon Copper will become Sandstorm's strategic partner for future acquisitions; Sandstorm's intent with respect to future acquisitions or disposition of securities of Horizon; expectations regarding financial strength, trading liquidity, and capital markets profile; the future price of gold, silver, copper, iron ore and other metals; the estimation of mineral reserves and mineral resources, and realization of mineral reserve and mineral resource estimates; the timing and amount of estimated future production; and expectations for other economic, business, and/or competitive factors. Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may", "will", "expect", "intend", "estimate", "anticipate", "believe", "continue", "plans", or similar terminology.
Forward-looking statements are made based upon certain assumptions and other important factors that, if untrue, could cause the actual results, performances or achievements of Sandstorm Gold Royalties to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Sandstorm Gold Royalties will operate in the future, including the receipt of all required approvals, the price of gold and copper and anticipated costs. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, amongst others, failure to receive necessary approvals, changes in business plans and strategies, market conditions, share price, best use of available cash, gold and other commodity price volatility, discrepancies between actual and estimated production, mineral reserves and resources and metallurgical recoveries, mining operational and development risks relating to the parties which produce the gold or other commodity the Company will purchase, regulatory restrictions, activities by governmental authorities (including changes in taxation), currency fluctuations, the global economic climate, dilution, share price volatility and competition.
Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the impact of general business and economic conditions, the absence of control over mining operations from which the Company will purchase gold, other commodities or receive royalties from, and risks related to those mining operations, including risks related to international operations, government and environmental regulation, actual results of current exploration activities, conclusions of economic evaluations and changes in project parameters as plans continue to be refined, risks in the marketability of minerals, fluctuations in the price of gold and other commodities, fluctuation in foreign exchange rates and interest rates, stock market volatility, as well as those factors discussed in the section entitled "Risks to Sandstorm" in the Company's annual report for the financial year ended December 31, 2021 and the section entitled "Risk Factors" contained in the Company's annual information form dated March 31, 2022 available at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements that are contained or incorporated by reference, except in accordance with applicable securities laws.
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SOURCE Sandstorm Gold Ltd. | https://www.whsv.com/prnewswire/2022/08/31/sandstorm-gold-royalties-completes-sale-hod-maden-interest-concurrent-gold-stream-with-horizon-copper/ | 2022-09-01T02:50:37Z |
NEW YORK, Aug. 31, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Centric Financial Corporation ("Centric" or the "Company") (OTC: CFCX) in connection with its proposed merger with First Commonwealth Financial Corporation ("First Commonwealth") (NYSE: FCF). Under the terms of the merger agreement, the Company's shareholders will receive a fixed exchange ratio of 1.09 shares of First Commonwealth common stock for each Centric common share owned, representing implied per-share merger consideration of $15.38 based upon First Commonwealth's August 30, 2022 closing price of $14.11.
If you own Centric shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/cfcx
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) Centric's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the per-share merger consideration adequately compensates Centric's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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SOURCE Weiss Law | https://www.whsv.com/prnewswire/2022/08/31/shareholder-alert-weiss-law-investigates-centric-financial-corporation/ | 2022-09-01T02:50:43Z |
NEW YORK, Aug. 31, 2022 /PRNewswire/ -- SiriusXM today announced that Jennifer Witz, Chief Executive Officer, will present at the Bank of America Media, Communications & Entertainment Conference on Wednesday, September 7 at 4:10 pm ET, and Sean Sullivan, Chief Financial Officer, will present at the Goldman Sachs Communacopia + Technology Conference on Monday, September 12, at 7:30 pm ET.
A webcast of the presentations will be available on the Investor Relations section of the SiriusXM website at siriusxm.com/investorrelations.
About SiriusXM
Sirius XM Holdings Inc. (NASDAQ: SIRI) is the leading audio entertainment company in North America, and the premier programmer and platform for subscription and digital advertising-supported audio products. SiriusXM's platforms collectively reach approximately 150 million listeners, the largest digital audio audience across paid and free tiers in North America, and deliver music, sports, talk, news, comedy, entertainment and podcasts. Pandora, a subsidiary of SiriusXM, is the largest ad-supported audio entertainment streaming service in the U.S. SiriusXM's subsidiaries Stitcher, Simplecast and AdsWizz make it a leader in podcast hosting, production, distribution, analytics and monetization. The Company's advertising sales arm, SXM Media, leverages its scale, cross-platform sales organization, and ad tech capabilities to deliver results for audio creators and advertisers. SiriusXM, through Sirius XM Canada Holdings, Inc., also offers satellite radio and audio entertainment in Canada. In addition to its audio entertainment businesses, SiriusXM offers connected vehicle services to automakers. For more about SiriusXM, please go to: www.siriusxm.com.
This communication contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements include, but are not limited to, statements about future financial and operating results, our plans, objectives, expectations and intentions with respect to future operations, products and services; and other statements identified by words such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "believe," "intend," "plan," "projection," "outlook" or words of similar meaning. Such forward-looking statements are based upon the current beliefs and expectations of our management and are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking statements.
The following factors, among others, could cause actual results and the timing of events to differ materially from the anticipated results or other expectations expressed in the forward-looking statements: we have been, and may continue to be, adversely affected by supply chain issues as a result of the global semiconductor supply shortage; we face substantial competition and that competition is likely to increase over time; if our efforts to attract and retain subscribers and listeners, or convert listeners into subscribers, are not successful, our business will be adversely affected; we engage in extensive marketing efforts and the continued effectiveness of those efforts is an important part of our business; we rely on third parties for the operation of our business, and the failure of third parties to perform could adversely affect our business; we may not realize the benefits of acquisitions and other strategic investments and initiatives; the ongoing COVID-19 pandemic has introduced significant uncertainty to our business; a substantial number of our Sirius XM service subscribers periodically cancel their subscriptions and we cannot predict how successful we will be at retaining customers; our ability to profitably attract and retain subscribers to our Sirius XM service as our marketing efforts reach more price-sensitive consumers is uncertain; our business depends in part on the auto industry; failure of our satellites would significantly damage our business; our Sirius XM service may experience harmful interference from wireless operations; our Pandora ad-supported business has suffered a substantial and consistent loss of monthly active users, which may adversely affect our Pandora business; our failure to convince advertisers of the benefits of our Pandora ad-supported service could harm our business; if we are unable to maintain revenue growth from our advertising products our results of operations will be adversely affected; changes in mobile operating systems and browsers may hinder our ability to sell advertising and market our services; if we fail to accurately predict and play music, comedy or other content that our Pandora listeners enjoy, we may fail to retain existing and attract new listeners; privacy and data security laws and regulations may hinder our ability to market our services, sell advertising and impose legal liabilities; consumer protection laws and our failure to comply with them could damage our business; failure to comply with FCC requirements could damage our business; if we fail to protect the security of personal information about our customers, we could be subject to costly government enforcement actions and private litigation and our reputation could suffer; interruption or failure of our information technology and communications systems could impair the delivery of our service and harm our business; the market for music rights is changing and is subject to significant uncertainties; our Pandora services depend upon maintaining complex licenses with copyright owners, and these licenses contain onerous terms; the rates we must pay for "mechanical rights" to use musical works on our Pandora service have increased substantially and these new rates may adversely affect our business; failure to protect our intellectual property or actions by third parties to enforce their intellectual property rights could substantially harm our business and operating results; some of our services and technologies may use "open source" software, which may restrict how we use or distribute our services or require that we release the source code subject to those licenses; rapid technological and industry changes and new entrants could adversely impact our services; we have a significant amount of indebtedness, and our debt contains certain covenants that restrict our operations; we are a "controlled company" within the meaning of the NASDAQ listing rules and, as a result, qualify for, and rely on, exemptions from certain corporate governance requirements; while we currently pay a quarterly cash dividend to holders of our common stock, we may change our dividend policy at any time; our principal stockholder has significant influence, including over actions requiring stockholder approval, and its interests may differ from the interests of other holders of our common stock; if we are unable to attract and retain qualified personnel, our business could be harmed; our facilities could be damaged by natural catastrophes or terrorist activities; the unfavorable outcome of pending or future litigation could have an adverse impact on our operations and financial condition; we may be exposed to liabilities that other entertainment service providers would not customarily be subject to; and our business and prospects depend on the strength of our brands. Additional factors that could cause our results to differ materially from those described in the forward-looking statements can be found in our Annual Report on Form 10-K for the year ended December 31, 2021, and our Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2022, which are filed with the Securities and Exchange Commission (the "SEC") and available at the SEC's Internet site (http://www.sec.gov). The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward looking statements as a result of developments occurring after the date of this communication.
Source: SiriusXM
Investor contacts:
Hooper Stevens
212-901-6718
hooper.stevens@siriusxm.com
Natalie Candela
212-901-6672
natalie.candela@siriusxm.com
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SOURCE Sirius XM Holdings Inc. | https://www.whsv.com/prnewswire/2022/08/31/siriusxm-present-bofa-media-communications-amp-entertainment-conference-goldman-sachs-communacopia-technology-conference/ | 2022-09-01T02:50:55Z |
SNDL enters into an agreement in connection with its secured credit investment to add to its multi-banner cannabis retail portfolio
CALGARY, AB, Aug. 31, 2022 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL" or the "Company") announced today that, in the context of the initial order obtained by Superette Inc., Superette Ontario Inc. and certain of its subsidiaries (collectively, "Superette") from the Ontario Superior Court of Justice (Commercial List) (the "Court") on August 30, 2022 pursuant to the Companies' Creditors Arrangement Act (Canada) ("CCAA Proceedings"), it has entered into an agreement of purchase and sale with Superette (the "Stalking Horse Agreement"), pursuant to which it proposes to acquire substantially all of the business and assets of Superette through a hybrid asset purchase and 'reverse vesting' transaction. Superette intends to return to Court on September 9, 2022 to seek approval of, among other things, an amended and restated initial order and an order approving a sale and investment solicitation process (the "SISP"). Subject to Court approval at the comeback hearing, the Stalking Horse Agreement will serve as the "stalking horse bid" (the "Stalking Horse Bid") in the SISP, and is to be supervised by the Court and conducted by PricewaterhouseCoopers Inc., the Court-appointed Monitor of Superette (the "Monitor"). The Stalking Horse Bid will set the floor, or minimum acceptable bid for potential alternative bids to be submitted in the SISP, which is designed to achieve the highest and best offer for Superette's business and assets.
The assets to be acquired under the Stalking Horse Agreement include six Superette retail locations within Toronto and Ottawa. Superette sells cannabis and non-cannabis branded merchandise and has developed a prominent position in the Canadian retail cannabis landscape through its experiential and localized retail experience. The Stalking Horse Bid also provides for certain intellectual property rights to white-label products under the Superette brand.
"We are excited by the opportunity to bring stability to the Superette retail business during the CCAA Proceedings," said Zach George, Chief Executive Officer of SNDL. "The Superette team has worked tirelessly to create an immersive and differentiated experience within the cannabis community and the bid seeks to further solidify SNDL's position as a prominent multi-banner cannabis retail operator. Through the CCAA Proceedings, we are committed to supporting Superette through the restructuring and ensuring the continuity and preservation of the Superette experience consumers have come to know and love."
For more information on the Superette brand, please visit https://superetteshop.com/.
On February 9, 2022, SNDL entered into a secured promissory note with Superette Inc., and certain subsidiaries, with a principal remaining amount of $4.8 million (the "Financing"). The Financing allowed for SNDL to continue its investments into a multi-banner strategy.
In connection with the CCAA Proceedings, SNDLhas also agreed to provide up to an additional $2.1 million in pre-CCAA and debtor-in-possession financing for Superette for a total amount of $6.9 million (the "Additional Financing"). The Additional Financing will provide Superette with the liquidity required to operate during the CCAA Proceedings and undertake the SISP.
The consideration for the Stalking Horse Agreement is made up of (i) a credit bid and set-off of debt owing to SNDL through the assumption of certain assumed liabilities; and (ii) the cash payment of certain statutory priority payments and costs of terminating the CCAA proceeding and winding-down the relevant Superette entities.
McCarthy Tétrault LLP is acting as legal counsel to SNDL. Cassels, Brock & Blackwell LLP is acting as counsel to Superette. PricewaterhouseCoopers Inc. is acting as a monitor of Superette with respect to the CCAA Proceedings and is represented by Bennett Jones LLP.
SNDL is a public company whose shares are traded on Nasdaq under the symbol "SNDL." Its business is operated and reported in four segments: Liquor Retail, Cannabis Retail, Cannabis Production and Cultivation, and Investments.
SNDL is the largest private sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, and Spiritleaf. SNDL is a licensed cannabis producer that uses state-of-the-art indoor facilities to supply wholesale and retail customers under a cannabis brand portfolio that includes Top Leaf, Sundial Cannabis, Palmetto, Spiritleaf Selects, and Grasslands. SNDL's investment portfolio seeks to deploy strategic capital through direct and indirect investments and partnerships throughout the global cannabis industry.
For more information on SNDL, please go to www.sndl.com.
This news release includes statements containing certain "forward-looking information" within the meaning of applicable securities law ("forward-looking statements"). Forward looking statements in this release includes, but is not limited to, annual production and the potential expansion plans of the Company in Canada and internationally, the Company's ability to provide uninterrupted supply to its customer, and statements regarding the future performance of the Company. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
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SOURCE Sundial Growers Inc. | https://www.whsv.com/prnewswire/2022/08/31/sndl-inc-enters-into-bid-agreement-acquire-superette-assets/ | 2022-09-01T02:51:02Z |
Acquisition significantly expands Flagship's portfolio of biomarker and analytics services
BROOMFIELD, Colo., Aug. 31, 2022 /PRNewswire/ -- Flagship Biosciences, Inc., a leader in spatial biology and biomarker analytics services, announced the acquisition of Interpace Pharma Solutions® ("IPS"), a division of Interpace Biosciences and provider of cytogenetic, molecular pathology, and genomic profiling solutions. This acquisition follows a growth equity investment in Flagship from Ampersand Capital Partners, BroadOak Capital Partners, and Research Corporation Technologies. The strategic combination of Flagship and IPS creates a full repertoire of biomarker lab and analytic services to advance precision therapeutic development and adds a state-of-the-art laboratory in Research Triangle Park, NC.
Flagship Biosciences offers cutting-edge spatial biology services, powered by its patented AI image analysis technology that improves the accuracy of tissue-based pathology by delivering thousands of measurements on every cell and enabling the discovery of biomarkers that might be missed using traditional histology methods. Experts in pathology and regulatory strategy, the team at Flagship offers advanced end-to-end biomarker and analytics services to support drug trials, biomarker discovery, and clinical diagnostics. They also offer guidance in the development of companion diagnostics.
To better serve their biopharma and diagnostics clients, Flagship Biosciences will integrate the technologies and services of IPS to support all phases of clinical trials and diagnostic development in immuno-oncology, hematology, solid tumors, and various non-oncology sectors. Flagship Biosciences' expanded services menu will now include advanced molecular biomarker solutions, flow cytometry, cytogenetics, genomics, and bioinformatics solutions. New genomic profiling capabilities will enhance biomarker characterization and improve patient stratification for clinical trials and treatment selection.
"By combining these organizations, we create a single-source provider offering a larger range of biomarker and analytics services while maintaining and expanding the proven expertise of each laboratory," said Trevor Johnson, CEO at Flagship Biosciences. "This will allow our customers to gain deeper insights into their clinical projects through multiple biomarker testing paradigms with cohesive data and analytical capabilities, managed in a simplified project workflow."
To learn more about Flagship Biosciences, please visit flagshipbio.com.
Founded in 2009 and headquartered in Broomfield, Colorado, Flagship Biosciences, Inc. is a technology-driven tissue analysis services company delivering the most accurate and informative data available. We are revolutionizing tissue analysis to improve drug development and diagnostics using the power of AI with a consultative approach. Our services and technology dramatically improve on the data and interpretation from traditional pathology methods, eliminating variability associated with typical tissue assessments, and bringing new insights to tissue analysis results. We provide expert scientific consultation for every client. Our team interprets results, contextualizes tissue biology, and identifies the best course for success. For more information, please visit flagshipbio.com and follow us on Twitter and LinkedIn.
Based in Research Triangle Park, NC, Interpace Pharma Solutions provides complex molecular analysis services supporting clinical trials and diagnostic development. These services include genomic profiling, biomarker solutions, project and data management, bioinformatics analysis, and biorepository services.
Founded in 1988, Ampersand is a middle market private equity firm with more than $3 billion of assets under management dedicated to growth-oriented investments in the healthcare sector. With offices in Boston, MA and Amsterdam, Netherlands, Ampersand leverages a unique blend of private equity and operating experience to build value and drive superior long-term performance alongside its portfolio company management teams. Ampersand has helped build numerous market-leading companies across each of the firm's core healthcare sectors. Additional information about Ampersand is available at www.ampersandcapital.com.
BroadOak Capital Partners, with headquarters in Washington, DC, and San Francisco, is a life-sciences focused boutique financial institution that provides direct investment and investment banking services to companies in research tools and consumables, diagnostics, biopharma services, and adjacent markets. BroadOak has led or participated in investments in more than fifty companies across multiple funds and investment vehicles. Learn more about BroadOak at broadoak.com.
Research Corporation Technologies is a Tucson, Arizona based technology investment and management company that provides funding and development for promising life science and biomedical companies. RCT has assets of more than $500 million to advance technology and product development through flexible, long-term investment options. To learn more about RCT, see www.rctech.com.
Media contact
Name: Jason Amsbaugh
Email: info@sambasci.com
Phone: 833-467-2622
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SOURCE Flagship Biosciences, Inc. | https://www.whsv.com/prnewswire/2022/08/31/spatial-biology-cro-flagship-biosciences-acquires-pharma-services-business-interpace-biosciences/ | 2022-09-01T02:51:08Z |
SAN ANTONIO, Aug. 31, 2022 /PRNewswire/ -- Special Olympics Texas- San Antonio, has received a $10,000 grant from the MassMutual Foundation as part of the foundation's national Community Service Award (CSA) program. Special Olympics Texas- San Antonio, is one of thirty-two organizations to receive an award. The MassMutual Foundation made the grant in honor of the volunteer efforts of Darren Scrimpshire, a financial professional affiliated with Capital Strategies, in San Antonio, TX. This year marks the 25th anniversary of the CSA program.
"We are stronger when we come together as a community. Our Community Service Awards program recognizes financial professionals that choose to affiliate with MassMutual and embody the "Live Mutual" spirit, working with members of their respective neighborhoods, towns, and cities, helping nonprofits with which they are involved grow and thrive," said Dennis Duquette, head of MassMutual Community Responsibility and president of the MassMutual Foundation. "We are proud of the time and energy Scrimpshire's dedicates to better their community and are delighted to support their great work."
The mission of Special Olympics is to provide year-round sports training and athletic competition in a variety of Olympic-type sports for children and adults with intellectual disabilities, giving them continuing opportunities to develop physical fitness, demonstrate courage, experience joy, and participate in a sharing of gifts, skills and friendship with their families, other Special Olympics athletes, and the community.
"This award from the Mass Mutual foundation on Darren's behalf, will be utilized to expand athlete programs and to continue to provide life-changing experiences for individuals with intellectual disabilities in the San Antonio area," said Shawn Britt, Executive Director of Special Olympics – South Region.
Scrimpshire has been affiliated with Special Olympics – San Antonio for the past 12 years and has dedicated countless hours of time and talent to help the organization grow and flourish.
"I am very pleased that my dedication to Special Olympics has been recognized by the MassMutual Foundation," said Scrimpshire. "This grant will provide much needed funding to continue supporting our community through additional equipment and promoting inclusion for the athletes of Special Olympics – San Antonio)."
The MassMutual Foundation, Inc. is a dedicated corporate foundation established by Massachusetts Mutual Life Insurance Company (MassMutual). The MassMutual Foundation activates connections and untapped opportunities within communities, so that all families can build their financial capability and thrive. In support of this mission, the Foundation develops partnerships and provides grants in support of our signature programs. The Foundation also supports anchor institutions in the communities where MassMutual operates.
To learn more about the MassMutual Foundation please visit https://www.massmutual.com/about-us/corporate-responsibility/foundation.
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SOURCE Capital Strategies | https://www.whsv.com/prnewswire/2022/08/31/special-olympics-texas-san-antonio-receives-10000-grant-massmutual-foundation/ | 2022-09-01T02:51:16Z |
PHILADELPHIA, Aug. 31, 2022 /PRNewswire/ -- Berger Montague is investigating securities fraud allegations on behalf of investors who purchased the securities TuSimple Holdings, Inc. ("TuSimple" or the "Company") (NASDAQ: TSP) from April 12, 2021 and August 1, 2022 (the "Class Period").
If you purchased the securities of TuSimple during the Class Period, would like to discuss Berger Montague's investigation, or have questions concerning your rights or interests, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Michael Dell'Angelo at mdellangelo@bm.net or (215) 875-3080 or visit: https://investigations.bergermontague.com/tusimple/
Whistleblowers: Anyone with non-public information regarding TuSimple is encouraged to confidentially assist Berger Montague's investigation or take advantage of the SEC Whistleblower program. Under this program, whistleblowers who provide original information may receive rewards totaling up to thirty percent (30%) of recoveries obtained by the SEC. For more information, contact us.
TuSimple, headquartered in San Diego, purports to develop autonomous technology specifically designed for semi-trucks in the United States and internationally. It is developing a line of purpose-built Level 4 ("L4") autonomous semi-trucks for the North American market.
On August 1, 2022, the Wall Street Journal published an article entitled "Self-Driving Truck Accident Draws Attention to Safety at TuSimple," which brought to light a number of previously undisclosed concerns that undermined Defendants' representations and omissions concerning the Company's safety. The article referenced an April 6, 2022 accident involving a truck fitted with TuSimple's autonomous driving technology, and reported that, among other things, "[t]he accident… underscores concerns that the autonomous-trucking company is risking safety on public roads in a rush to deliver driverless trucks to market, according to independent analysts and more than a dozen of the company's former employees."
On this news, TuSimple's shares fell $0.97 per share, or nearly 10%, from a closing price of $9.96 per share on July 29, 2022 to a closing price of $8.99 per share on August 1, 2022.
Berger Montague, with offices in Philadelphia, Minneapolis, Washington, D.C., and San Diego, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.
Contacts
Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bm.net
Michael Dell'Angelo, Executive Shareholder
Berger Montague
(215) 875-3080
mdellangelo@bm.net
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SOURCE Berger Montague | https://www.whsv.com/prnewswire/2022/08/31/tusimple-holdings-inc-company-news-berger-montague-investigates-securities-fraud-allegations-against-tusimple-holdings-inc-nasdaq-tsp/ | 2022-09-01T02:51:23Z |
SAN FRANCISCO, Aug. 31, 2022 /PRNewswire/ -- Vial introduces a new member joining their Oncology CRO Advisory Board. Eric Jonasch, MD, is a Genitourinary Medical Oncology Professor and Physician at The University of Texas MD Anderson Cancer Center, Houston, TX.
Dr. Jonasch will act as a scientific advisor for Vial's Oncology CRO alongside members Dr. Antoni Ribas, Dr. Guru Sonpavde, and Dr. Neeraj Agarwal. Dr. Jonasch brings over thirty years of experience in Genitourinary Medical Oncology and cancer research to the board. In addition to Vial's Oncology CRO Advisory Board, Dr. Jonasch is a Medical Advisory Board Member for Von Hippel Lindau (VHL) Family Alliance. He's also a member of the American Society of Clinical Oncology (ASCO) and the National Comprehensive Cancer Network (NCCN).
Vial is a tech-enabled CRO offering cutting-edge clinical trial management services that deliver faster, more superior trials for sponsors. Vial's CRO reimagines clinical trials by leveraging technology and their deep relationships with industry experts, allowing them to identify pain points and gain a more profound understanding of the unique needs during a trial. Vial's mission is to empower scientists to cure all human diseases through innovative technology that delivers efficiency.
"In the world of oncology, there is still so much to discover for our patients. To do this — we need to be able to conduct efficient and accurate clinical research studies. The challenge is, establishing platforms that permit efficient trials from start to finish. Vial's mission to create faster, higher-quality trials through their tech-enabled CRO is one I can get on board with," said Dr. Jonasch.
See the full release here.
About Vial: Vial is a tech-enabled, next-generation CRO that promises faster and higher-quality execution of trials. The Vial Contract Research Organization (CRO) delivers on the promise of faster trials through its innovative technology platform that powers trials end-to-end from site startup to database lock. The key to Vial's tech-enabled platform is Vial's modern, intuitive Electronic Source and powerful tooling for CRAs that enables considerable efficiencies. Vial operates across multiple Therapeutic Areas (Dermatology CRO, Ophthalmology CRO, Oncology CRO, and Gastroenterology CRO). Vial is a San Francisco, California-based company with over 125 employees and has run over 750 trials from Phase I through Phase IV.
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SOURCE Vial | https://www.whsv.com/prnewswire/2022/08/31/vial-introduces-new-member-dr-eric-jonasch-md-anderson-cancer-center-their-oncology-cro-advisory-board/ | 2022-09-01T02:51:30Z |
NASHVILLE, Tenn., Aug. 31, 2022 /PRNewswire/ -- Advocate Capital, Inc. clients Kurt Zaner and Marc Harden of Zaner Harden Law LLP were recently interviewed by Donna Jones, Advocate Capital President and Director of Associate & Client Experience, about their influential product liability case against General Motors.
Zaner and Harden's client was driving a 2009 Chevy Malibu through the mountains of Colorado when she lost control of her car and plunged roughly 100 to 300 feet down the mountain. She survived the crash but was not rescued from the car until six days after the accident. She wrote "still alive, please help" on an umbrella to try and catch a rescuer's attention.
When she was found, she was flown by helicopter to the hospital, where she had to have both of her legs amputated. While recovering, she received a letter from General Motors that her car was under recall because the crash avoidance systems may fail in the event of a crash situation, including the electronic stability and traction control. She reached out to Zaner Harden Law, who was able to fight for her and help her reach a settlement with General Motors.
Kurt Zaner stated in the video interview, "It was one of the most, I think, rewarding cases to work on, as [the plaintiff] was just..[a]mother of four, lost both her legs, was looking for some type of hope in her life and for answers, and to be able to fight for her, when no one else was, was really meaningful."
Zaner Harden Law represents plaintiffs in personal injury and wrongful death cases. Their headquarters is in Denver, Colorado. To learn more, call 360-876-8205 or visit https://www.ZanerHardenLaw.com/.
Advocate Capital, Inc. is the premier provider of strategic financial products and accounting services for successful trial law firms like Fong Law. It has served the plaintiff bar for 22 years from its headquarters in Nashville, TN, and enjoys a client base that extends nationwide. For more information, visit www.AdvocateCapital.com or call 1.877.894.9724.
CONTACT:
Rachel Minyard
Advocate Capital, Inc.,
advocatecapital.com/rachel-minyard.html
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SOURCE Advocate Capital, Inc. | https://www.whsv.com/prnewswire/2022/08/31/zaner-harden-advocate-capital-client-discuss-defective-vehicle-case-against-gm/ | 2022-09-01T02:51:36Z |
PITTSBURGH, Aug. 31, 2022 /PRNewswire/ -- Patrick Phillips, CEO of Cavulus, a leading technology provider in the Medicare Advantage (MA) industry, says the private insurance program is increasingly being utilized by underserved and low-income segments of US population prompting Centers for Medicare and Medicaid Services (CMS) to solicit input to further eliminate barriers and provide more equitable access.
Phillips said CMS released a Request for Information earlier this month "seeking feedback on ways to strengthen MA coverage for underserved and disadvantaged individuals in order to make the program even more equitable and accessible.
"Few realize that MA coverage plays a pivotal role relating to socioeconomics," said Phillips, pointing out, this is due to $0 premium plans and specialized products based on low income. According to a recent report from Better Medicare Alliance, over two thousand $0 premium plans were offered in 2022 and 98% of beneficiaries had access to them.
"The average cost of a Medicare Supplement is $150 monthly. Beneficiaries are responsible for 20% coinsurance for most services covered under Original Medicare. These options aren't affordable for much of the aged population" says Phillips.
He notes demand for economical coverage has also given rise to a unique MA product called Dual Eligible Special Needs Plans (D-SNP). "There are various types of Special Needs Plans but the most prevalent is D-SNP which requires eligibility for both Medicare and Medicaid" Phillips explains.
"Most insurers we serve have D-SNPs in their product offerings" says the Cavulus CEO. "We also serve several organizations that exclusively offer these plans which speaks to the demand."
"CMS recognizes such coverage is vital for low-income beneficiaries. They're asking probing questions in their RFI such as 'how can CMS support strengthened efforts by SNPs to provide targeted, coordinated care for enrollees?'" said Phillips.
"CMS's ability to seek feedback and issue new guidance is why MA continuously improves" asserts Phillips. "These are incredibly important programs for our most vulnerable populations, especially in a year where inflation is a factor."
ABOUT CAVULUS - Cavulus is a technology driven specialist in Medicare Advantage insurance solutions. The Cavulus Cloud-based Medicare Advantage Platform (Cavulus MAP™) unifies marketing, sales and enrollment operations and is utilized by many top insurers, including several BlueCross/ BlueShield companies, UPMC Health Plan, Johns Hopkins, Lumeris and United Healthcare. For details visit: www.cavulus.com.
Media Inquiries: 800-760-6915 - info@cavulus.com
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SOURCE Cavulus | https://www.whsv.com/prnewswire/2022/09/01/cavulus-ceo-says-medicare-advantage-has-increasingly-benefited-low-income-underserved-populations/ | 2022-09-01T02:51:43Z |
LITTLETON, Colo., Aug. 31, 2022 /PRNewswire/ -- Furniture Row held a groundbreaking ceremony yesterday to celebrate the start of construction on a brand-new Furniture Row and Denver Mattress Co. store coming to Littleton, CO.
The new 74,365ft2 facility has been designed by Intergroup Architects, and it will be constructed by Precision Contractors at 5779 S. Alkire St., at C-470 and Bowles Ave. To take advantage of such a high-visibility location, the building will feature a large, stepped version of Furniture Row's iconic angled red roof, attractive exterior design features on all four sides, and it will use 11,000ft2 of glass as large-scale windows, window walls, and even a clearstory beneath the upper roof. As Bob Hibbard of Precision Contractors put it during the ceremony, "When you look at this Furniture Row, you're going to see the big red roof from C-470 in either direction, and you're going to see an ongoing clearstory of glass which is going to let in a huge amount of light to welcome customers entering the store…I'd like to congratulate the folks at Intergroup Architects for another iconic design; we're going create another great customer experience here."
Furniture Row intends to have this new store become a treasured local business that adds to the value of the area. Tim Visser, the President of Furniture Row, spoke about the impact they hope to have in the surrounding area, saying, "Even though we're now in 28 other states, there's something special about breaking ground in our own backyard. We are Colorado natives through and through and we are heavily invested in our community here. With the influx of so many people from across the country to Colorado and the Denver metro area, it seems only appropriate that they should experience a local and family-owned furniture and mattress store helping them to make their house a home and create the world they love. We take that responsibility very seriously, and we want each and every visitor and community member to have the best shopping experience they've ever had."
Every Furniture Row offers an extensive selection of stylish brand name and designer furnishings for every room of the home, all curated into easy-to-navigate sections within a spacious interior. Furniture Row is committed to providing their customers with high-quality furnishings at an incredible value, and it's renowned for their friendly, no-pressure sales staff whose only goal is to help you create the home you love. Visit http://www.FurnitureRow.com
Denver Mattress manufactures its mattresses in its Denver-based factory and distributes them to its own retail stores. By having a single factory, Denver Mattress is able to maintain high quality control standards and deliver a more consistent product at a lower cost than multiple factory producers. Denver Mattress, The easiest way to get the right mattress®. Visit http://www.DenverMattress.com
Contact
John Knippenberg
John.knippenberg@furiturerow.com
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SOURCE Furniture Row, LLC | https://www.whsv.com/prnewswire/2022/09/01/construction-new-furniture-row-denver-mattress-store-coming-littleton-co-is-officially-underway/ | 2022-09-01T02:51:50Z |
SINGAPORE, Aug. 31, 2022 /PRNewswire/ -- Silence Laboratories, a web3 focused cybersecurity startup, headquartered in Singapore and working on libraries for MPC and Proofs-based Decentralised Security-as-Service (DSaaS), has closed a $1.7 million round in a seed funding, led by Pi Ventures. Their core technology to support developer focused decentralised and high grade security for digital assets with functionalities of key management, distributed signature and authorization is built on top of a unique fusion of multi-party computation (MPC), sensing and intelligent signal processing.
The round also included participation from web3 centric funds such as imToken ventures and prominent angels like Daniel Ari Friedman, Mahin Gupta, CK Vishwakarma, Priyeshu Garg, Ashish Tiwari, and more. The startup plans to use this funding to further widen its product offerings towards developer centric decentralised security stack, strengthen its team and scale its go-to-market operations to help enterprises adopt state of the art authentication and authorization techniques.
Silence Laboratories (SL) is on a mission to build a developer focused cryptographic stack and is motivated to democratizing non-trivial libraries. SL has been working closely with several leading players, in the Web 3 ecosystem particularly, to develop the flagship products- Silent Shard and Silent Auth. They are designed to support varied demands of authentication and authorizations with very high degree of contextualization, be it for digital asset custodians with high risks, non-custodial digital wallets, semi-custodial phone based wallets, online exchanges with high expectations on usability, or web3-centric cloud service providers.
"Account takeover due to single point of failures of the private keys is on unparalleled rise and have been affecting enterprises and different sectors of Web3 businesses. Hence, the internet is witnessing a growing push towards distributed authentication protocols and signature schemes and Silence Laboratories is at the forefront of this revolution," says Jay Prakash, CEO and Co-Founder at Silence Laboratories. Wallet cloning, browser wallet extension hacks, phished DEX and CEX websites are all compromised examples of bad authentication practices in Web3. "We want Web3 folks to talk to us about fixing this. We're happy to make custom collaborations as needed, but we must do this together, as an industry", he said.
"Our cryptographic libraries hope to remove several active attack vectors prevalent in the industry today, " said Andrei Bytes, CTO and Co-Founder at Silence Laboratories. "In our pursuit to facilitate easier adoption of our libraries and helping enterprises develop together, we recently joined premier global alliances such MPC alliance and Decentralized Identity Foundation (DIF).
"Among others, SL's team integrated Silent Shard with MetaMask's Snaps which in itself is a great example of how MetaMask has opened the wallet design ecosystem. The Snap based designs will help to enhance wallet security and set benchmarks for MPC based wallets," says Jay Prakash.
"Issues with private key management have led to loss of Billions of dollars in 2022 alone. The holy trifecta of ironclad security, great user experience and developer-friendliness for Web 3 is yet to be cracked and we believe the team at Silence Laboratories is best placed to solve this. Jay and Andrei bring complementary skill sets and the early tractions are testament to their innovative solutions. We've been extremely impressed by the team at Silence Laboratories and are excited to back them in these times of constant hacks," said Shubham Sandeep, MD pi Ventures.
Silence Laboratories is working on setting up an Applied Cryptography and Web3 Security corporate R&D centre in South Asia, with local and international collaborations. The centre will attract some of the best talents globally to contribute in solving niche problems in usable security and MPC algorithms and set the backbone for several upcoming businesses and products.
Silence Laboratories is open to collaborators, and enjoys co-development and R&D calls with partners across the Web3 and hybrid Web2 industry. Their DMs on Twitter @SilentAuth are open and they can also be reached out to on info@silencelaboratories.com for a silently authenticated chat.
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SOURCE Silence Laboratories | https://www.whsv.com/prnewswire/2022/09/01/decentralised-security-provider-silence-laboratories-raises-17-million-seed-funding/ | 2022-09-01T02:51:57Z |
HOUSTON, Aug. 31, 2022 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today announced that Inpex Operations Australia Pty Ltd has entered into a contract to utilize the Ocean Apex for work on the Northwest Shelf of Australia. The new contract covers two wells and is expected to commence in the fourth quarter of 2023 in direct continuation of the rig's prior contract, and combined with previous awards recently announced, results in the Ocean Apex being fully contracted in Australia until late 2024.
Diamond Offshore also announced it has entered into a contract with BOE Exploration & Production LLC for the Diamond-managed drillship Vela for work in the U.S. Gulf of Mexico. The Vela was awarded a contract with a minimum duration of 225 days for a total value of approximately $88 million. The contract also includes options for up to an additional five to seven wells. Work under the new contract is expected to commence in the first quarter of 2023.
ABOUT DIAMOND OFFSHORE
Diamond Offshore is a leader in offshore drilling, providing innovation, thought leadership and contract drilling services to solve complex deepwater challenges around the globe. Additional information and access to the Company's SEC filings are available at http://www.diamondoffshore.com/.
FORWARD-LOOKING STATEMENTS
Statements contained in this press release that are not historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include, but are not limited to, any statement that may project, indicate or imply future results, events, performance or achievements, including statements relating to future financial results; expectations regarding the Company's plans, strategies and opportunities; expectations regarding the Company's business or financial outlook; expected utilization, dayrates, revenues, operating expenses, rig commitments and availability, cash flows, contract status, terms and duration, contract backlog, and customer drilling programs. Forward-looking statements are inherently uncertain and subject to a variety of assumptions, risks and uncertainties that could cause actual results to differ materially from those anticipated or expected by management of the Company. A discussion of certain of the risk factors and other considerations that could materially impact these matters as well as the Company's overall business and financial performance can be found in the Company's most recent annual report on Form 10-K and the Company's other reports filed with the Securities and Exchange Commission, and readers of this press release are urged to review those reports carefully when considering these forward-looking statements. Copies of these reports are available through the Company's website at www.diamondoffshore.com. These risk factors include, among others, risks associated with worldwide demand for drilling services, levels of activity in the oil and gas industry, renewing or replacing expired or terminated contracts, contract cancellations and terminations, maintenance and realization of backlog, competition and industry fleet capacity, impairments and retirements, operating risks, litigation and disputes, permits and approvals for drilling operations, the COVID-19 pandemic and related disruptions to the global economy, supply chain and normal business operations across sectors and countries, changes in tax laws and rates, regulatory initiatives and compliance with governmental regulations, casualty losses, and various other factors, many of which are beyond the Company's control. Given these risk factors and other considerations, investors and analysts should not place undue reliance on forward-looking statements. Each forward-looking statement speaks only as of the date of this press release, and the Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statement to reflect any change in the Company's expectations with regard thereto or any change in events, conditions or circumstances on which any forward-looking statement is based.
Contact:
Kevin Bordosky
Senior Director
Investor Relations
(281) 647- 4035
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SOURCE Diamond Offshore Drilling, Inc. | https://www.whsv.com/prnewswire/2022/09/01/diamond-offshore-announces-new-floater-commitments/ | 2022-09-01T02:52:04Z |
Segment Revenue and Profit Grew Steadily
Gene and Cell Therapy CDMO Maintained High Growth Trend
- Revenue of the Group for the six months ended June 30, 2022 was approximately US$304.7 million, representing an increase of 32.7% as compared with approximately US$229.6 million for the same period in 2021, among which, the external revenue of non-cell therapy business was approximately US$247.7 million, representing an increase of 26.6% as compared with approximately US$195.7 million for the same period in 2021, and the external revenue of cell therapy business was approximately US$57.0 million, representing an increase of 68.1% as compared with approximately US$33.9 million for the same period in 2021.
- Gross profit of the Group for the six months ended June 30, 2022 was approximately US$175.5 million, representing an increase of 26.6% as compared with approximately US$138.6 million for the same period in 2021, among which, the gross profit of non-cell therapy business before eliminations was approximately US$126.2 million, representing an increase of 16.4% as compared with approximately US$108.4 million for the same period in 2021, and the gross profit of cell therapy business before eliminations was approximately US$52.1 million, representing an increase of 53.7% as compared with approximately US$33.9 million for the same period in 2021.
- Loss of the Group for the six months ended June 30, 2022 was approximately US$225.9 million, whilst loss was approximately US$156.1 million for the same period in 2021.
The adjusted net loss of the Group was approximately US$130.1 million, whilst the adjusted net loss was approximately US$135.8 million for the same period in 2021, among which, the adjusted net profit of non-cell therapy business before eliminations was approximately US$30.2 million, representing an increase of 14.4% as compared with approximately US$26.4 million for the same period in 2021, and the adjusted net loss of cell therapy business before eliminations was approximately US$160.5 million, whilst the adjusted net loss of cell therapy business before eliminations was approximately US$162.2 million for the same period in 2021.
- During the Reporting Period, the Group invested significantly in research and development activities as well as talent recruitment, and both of which are key drivers for a sustainable business growth in the long run. For the six months ended June 30, 2022, the Group's research and development expenses was approximately US$177.4 million as compared with approximately US$175.1 million for the same period in 2021.
NANJING, China, Aug. 31, 2022 /PRNewswire/ -- GenScript Biotech, the world's leading biotech company, today announces its annual results as of June 30, 2022.
"In the first half of 2022, GenScript Group has delivered satisfactory results across all business segments," said Dr. Patrick Liu, Rotating CEO of GenScript. "Our life science business reported steady growth while focusing on R&D innovation and leveraging superior technology platforms to get into emerging fields. Thanks to excellent market capabilities and track record, ProBio's macromolecular CDMO and GCT CDMO business maintained strong momentum. In the future, ProBio will focus on medium-sized and large pharma and biotech customers and add value to our service projects. By improving product mix, Bestzyme improved its profitability. Bestzyme will optimize its enzyme product portfolio and industrial-grade manufacturing capability, and capture new opportunities in the synthetic biology field. Legend and its partner Janssen successfully commercialized Carvykti™. As Legend moves cilta-cel into earlier line clinical trials, Carvykti™ will benefit more patients worldwide. 2022 marks the 20th anniversary of GenScript. GenScript has developed a diversified business portfolio over years. GenScript will stay committed to the corporate culture and mission to "make people and nature healthier through biotechnology" and create value for our shareholders and investors."
Results Analysis of the Four Business Segments
As the Group has reallocated back office administrative expenses into each business segment following the establishment of Probio legal entities in the second half of 2021, segment operating profit is not directly comparable to the same period in 2021.
Life-science Services and Products
During the Reporting Period, revenue of life-science services and products amounted to approximately US$176.0 million, representing an increase of 15.8% over the same period in 2021. The gross profit was approximately US$99.8 million during the Reporting Period, representing an increase of 8.8% as compared with approximately US$91.7 million for the same period in 2021. The gross profit margin decreased from 60.3% for the same period in 2021 to 56.7% this Reporting Period. The operating profit of life-science services and products during the Reporting Period was approximately US$26.0 million.
The increase in revenue was mainly attributable to the (i) continued growth in molecular biology, protein and antibody business, (ii) successful commercialisation of innovative platforms such as sgRNA, and partially offset by (iii) the decrease in sales in COVID-19 related products and the negative impact on sales due to pandemics in Shanghai, China. Production efficiency gains contributed positively to gross profit margin while (i) loss from overseas production during the initial capacity ramp-up, (ii) increased freight and duty costs, and (iii) decreased price and volume of COVID-19 related products all had negative impacts on gross profit margin. The operating profit was positively impacted by growth in revenue and gross profit while negatively impacted by (i) increased expenses brought by operation and depreciation of overseas production capacity, and (ii) increment in labor costs brought by research and development.
Biologics Development Services
During the Reporting Period, revenue of biologics development services amounted to approximately US$62.7 million, representing an increase of 99.0% over the same period in 2021. Total backlog for biologics development services reached US$228.0 million as at June 30, 2022. The gross profit was approximately US$16.2 million during the Reporting Period, representing an increase of 62.0% as compared with approximately US$10.0 million for the same period in 2021. Adjusted gross profit was US$23.9 million during the Reporting Period, representing an increase of 125.5% over the same period in 2021. Adjusted gross profit margin expanded from 33.7% for the same period in 2021 to 38.1% this Reporting Period. Adjusted operating profit during the Reporting Period was approximately US$3.2 million.
The growth of revenue was mainly attributable to the (i) significant increase of customer projects from overseas business, (ii) expanded capacity and productivity of pre-clinical and clinical development, and(iii) shorter delivery time for antibody discovery and process development. The adjusted gross profit and adjusted operating profit were positively impacted by higher capacity utilization and production efficiency gains.
Industrial Synthetic Biology Products
During the Reporting Period, revenue of industrial synthetic biology products amounted to approximately US$16.8 million, representing a decrease of 6.7% over the same period in 2021. The gross profit was approximately US$7.2 million, representing an increase of 41.2% as compared with approximately US$5.1 million for the same period in 2021. The gross profit margin increased from 28.3% for the same period in 2021 to 42.9% this Reporting Period. The operating profit of industrial synthetic biology products was approximately US$0.4 million during the Reporting Period, whilst the operating loss was approximately US$0.7 million for the same period in 2021.
The decrease in revenue was mainly due to the (i) active pruning of low or negative profit products, (ii) the feed industry in China downturn which led to reduction of use of feed enzymes, and (iii) the situation in Ukraine and Russia which caused the decrease of orders in Eastern Europe. The increase in both gross profit and operating profit was primarily attribute to the (i) adjustment of product portfolio and enhancement of the promotion of high-margin products, (ii) improvement of production process and workflow, and (iii) profit from the license of patents.
Cell Therapy
During the Reporting Period, revenue of cell therapy amounted to approximately US$57.1 million, representing an increase of 68.4% over the same period in 2021. The gross profit was approximately US$52.1 million during the Reporting Period, representing an increase of 53.7% as compared with approximately US$33.9 million for the same period in 2021. The operating loss of cell therapy was approximately US$180.1 million during the Reporting Period, whilst the operating loss was US$168.9 million for the same period in 2021.
The increase in both revenue and gross profit was primarily attributable to the additional milestones achieved in 2021 and 2022, and thus the further recognition of contract revenue from collaboration with Janssen on developing cilta-cel. The operating loss was primarily attributable to the (i) investment in clinical trials resulting from higher patients enrollment and more pipelines, (ii) cost for commercial preparation activities for the launch of cilta-cel, and (iii) expansion of administrative functions.
FINANCIAL REVIEW
Revenue
During the Reporting Period, the Group recorded revenue of approximately US$304.7 million, representing an increase of 32.7% from approximately US$229.6 million for the same period in 2021. This is mainly attributable to (i) the continued increase of non-cell therapy products and services from major strategic customers and new competitive services and products, especially in biologics development services, and (ii) the increase of contract revenue derived from Legend's collaboration with Janssen with new milestones achieved.
Gross profit
During the Reporting Period, the Group's gross profit increased by 26.6% to approximately US$175.5 million from approximately US$138.6 million for the same period in 2021. This is mainly attributable to the (i) rapid growth of revenue, and (ii) operational efficiency improvement.
The increase in gross profit was partially offset by (i) increased share-based compensation expenses to production teams, particularly in biologics development services, and (ii) increased shipping cost. Adjusted gross profit increased by 31.4% over the same period in 2021.
Selling and distribution expenses
During the Reporting Period, the Group's selling and distribution expenses increased by 49.1% to approximately US$86.9 million from approximately US$58.3 million for the same period in 2021. This increase is mainly driven by (i) more investment on talent with recruiting experienced personnel with competitive packages, (ii) increased expenses, primarily attributable to the global expansion of our business, and (iii) increased marketing expenses related to Legend's collaboration with Janssen. Adjusted selling and distribution expenses increased 45.3% over the same period in 2021.
Administrative expenses
During the Reporting Period, the Group's administrative expenses increased by 41.4% to approximately US$79.6 million from approximately US$56.3 million for the same period in 2021. This is mainly attributable to (i) more investment on talent with recruiting experienced personnel with competitive package and share-based compensation expenses for all business segments, and (ii) the reinforcement of some key administrative functions to support the Group's overall business expansion and compliance. Adjusted administrative expenses increased 31.0% over the same period in 2021.
Research and development expenses
During the Reporting Period, the research and development expenses kept stable and increased by 1.3% to approximately US$177.4 million from approximately US$175.1 million for the same period in 2021. This is mainly attributable to (i) the continuous investment in talents with competitive package and share-based compensation expenses, and (ii) continuous investment in new products and services, which will significantly strengthen our competitiveness. Adjusted research and development expenses decreased by 1.4% over the same period in 2021.
*For reference only. Please refer to Company's 2022 Interim Results Announcement dated August 31, 2022 for more details.
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SOURCE GenScript Biotech Corporation | https://www.whsv.com/prnewswire/2022/09/01/genscript-biotech-reports-2022-interim-results/ | 2022-09-01T02:52:10Z |
- 315-horsepower Civic Type R is the most powerful Honda production vehicle ever sold in the U.S.
- Developed in Japan and track-tested around the world, Type R delivers the best driving experience in the hot hatch segment
- Beautifully integrated advanced aerodynamics give the new Type R a sleeker design
TORRANCE, Calif., Aug. 31, 2022 /PRNewswire/ -- The most powerful model in Type R's 30-year history, the all-new 2023 Civic Type R is the most powerful Honda production vehicle ever offered in the U.S. On sale this fall, the new Type R delivers the best driving experience in the hot hatch segment, combining class-leading performance with an all-new immersive cockpit experience, and a sleek, muscular new design.
"Type R is very important for Honda as the pinnacle of our factory performance and an irreplaceable brand that enables enthusiasts to experience Honda's racing spirit, and seek the ultimate in speed and driving pleasure," said Hideki Kakinuma, global Civic Type R development leader. "The all-new Civic Type R will continue that legacy, leveraging Honda's racetrack-proven engineering to deliver extreme performance and passion—both on the road and on the racetrack."
The Civic Type R embodies Honda's challenging spirit, with six different designs since its debut in Japan as a 1997 model. Only the second Civic Type R model ever sold in the United States, the all-new and more powerful 2023 model recently set a new production-car front-wheel drive track record at the Suzuka Circuit in Japan, home to the Formula 1 Honda Japanese Grand Prix, securing its legacy as the best performing Civic Type R ever.
Track-Proven Performance
Already a class leader in ride, handling and steering performance, engineers conducted extensive development in Japan, and undertook rigorous testing at racetracks in Japan, North America and Europe to further improve Civic Type R's chassis. This included testing on Germany's infamous Nurburgring, the world's most challenging racetrack, helping make the all-new Type R more responsive, more comfortable and more thrilling-to-drive than ever before.
Under its new vented aluminum hood is an even more powerful version of Honda's award-winning K20C1 engine. Horsepower, torque and response are improved by a redesigned turbocharger, increased air intake flow rate, and a new more efficient exhaust system that features a straight through design and an active exhaust valve. The size, shape and number of the turbocharger's turbine wheel blades have been optimized along with the flow path of the intake charge, enabling the turbocharger to generate pressure in a wider range and more efficiently.
The turbocharged 2.0-liter 4-cylinger engine now produces 315 horsepower @ 6,500 rpm (SAE net) and 310 lb.-ft. of torque at 2,600 – 4,000 rpm (SAE net) – improvements of 9 hp and 15 lb.-ft. Civic Type R is one of the most powerful cars in its class per liter, with a specific output of 157.8 hp/liter, up from the previous-generation's 153.3.
A larger grille opening, bigger radiator and a new large-diameter fan improve engine cooling, ensuring sustained, optimal performance during extreme driving. To further strengthen the driver's connection with the car, the active exhaust valve opens at higher rpm to heighten and enhance the sound of the engine.
Type R's smooth and precise six-speed manual transmission is further improved for an even more intimate and rewarding connection with the driver. A lighter flywheel and a revised rev-match system ensures perfectly paired rev-matching when shifting down through the gears, helping maintain stability on corner entry. The high-strength gearbox has also gained a high-rigidity lever and optimized shift gate pattern for a reassured and hyper-precise gear change. A standard helical-type limited-slip differential puts the engine's power to the pavement effectively.
Now based on the all-new 11th-generation Civic Hatchback, Civic Type R's scalpel-sharp responses and famously addictive driving feel are increased even further by a significantly more rigid body structure that supports both improved dynamics and refinement. The wheelbase has been extended 1.4-inches for a smoother ride and greater stability. Now measuring 107.7-inch, it's the longest wheelbase in its class.
Its front and rear tracks are also significantly wider (+1.0 inches in the front and +0.75 inches in the rear). Together with a retuned dual-axis strut front and multilink rear suspension, these changes improve straight-line stability and steering feel. For exceptional braking performance, Type R's two-piece front brake rotors reduce unsprung weight. Brake cooling is also improved, and a retuned brake booster enhances feel and controllability.
Drivers can seamlessly switch between four pre-set performance settings, selecting different modes for the engine, steering, suspension and engine sound. In addition to Comfort, Sport and R+ Mode, a new 'Individual Model' mode enables customization of the driving experience.
Powerful, Sleek and Sophisticated Design
Beautifully integrated advanced aerodynamics give the new Type R a sleeker, more sophisticated, yet muscular look. Designed with input from aerodynamic development members of the HRD Sakura Super GT team, its exterior is also more aerodynamically efficient, generating more downforce improving high speed stability.
Designed in Japan, Type R's new, more muscular body is 0.8-inches longer, 0.5-inches lower and 0.6-inches wider with broad fenders flared out over wider tracks, and lightweight 19-inch matte black alloy wheels wrapped in wider (+20mm) bespoke Michelin Pilot Sport 4S tires. The new wheels use a special "reverse rim" design that improves the stability of the tire contact patch under load.
All body panels forward of the A-pillars are new and unique to the Type R, including a new more aggressive front bumper design. Its lower stance is accentuated by wider rear doors exclusive to Type R and a reshaped rear bumper that reveals its updated signature three round exhaust outlets. A redesigned rear spoiler with aluminum stanchions and a new rear diffuser intensify downforce and reduce drag.
Civic Type R will be available in five striking colors: historic Championship White-- a Type R exclusive finish revered by Honda enthusiasts, Rallye Red, Boost Blue, Crystal Black Pearl and Sonic Grey Pearl.
Performance Focused Cockpit
Designed to support intense driving experiences, the cockpit of the new Type R enhances the exhilaration of driving with emotive, performance-focused details and features, including Type R's iconic red seats, carpet and trim, a redesigned aluminum shift knob, and a serialized Type R plate on the dash.
The driver sits lower than before in new, lighter, body-stabilizing sport seat, yet with greater visibility courtesy of thinner pillars, relocated side mirror, and a lower hood. New lightweight, heavily bolstered front sports seats with suede-effect upholstery offer both exceptional support and comfort on the track and during long drives.
To better support performance driving, Type R's exclusive new digital instrument cluster features clean, easy-to-read graphics and an extensive selection of displays. The design features a large tachometer and gear-position display, plus a multi-information display.
A second new meter design is exclusive to Type R's +R mode and allows the driver to obtain necessary information instantly, with the engine rpm, and gear position placed at the top. A racing-inspired illuminated rev indicator located above the gauge cluster gives the driver a quick indication of engine rpm during performance driving.
Technology has been smartly integrated into the Civic Type R's new cabin with a focus on the driver, including a new 9-inch Color Touchscreen – the largest touchscreen ever in a Type R – with wireless Apple CarPlay® and Android Auto™ compatibility. Qi-compatible wireless charging and a Bose Centerpoint premium sound system, which was custom-engineered precisely for the interior of the 11th-generation Civic, are also standard.
Exclusive to Type R, a new enhanced version of the Honda LogR® Performance Datalogger combines the Type R's onboard computer and sensors with a new built-in vehicle app. This helps drivers monitor and record a variety of performance parameters in real time when driving on the track or other closed courses, helping to improve driving skills.
Honda LogR® no longer requires a smartphone app, so drivers can use the on-board system or connect to their smartphone for added capability and data sharing. Key features include a stopwatch to record lap times, a tire friction circle in 3D motion that displays the maximum tire force the vehicle can achieve, and an innovative scoring function that helps drivers improve their skills on the track. Users can share their lap times and other data with other Type R owners.
Manufacturing
The new Civic Type R is built at the Yorii Plant in Japan. The Type R's K20C1 engine continues to be built at Honda's Anna Engine Plant in Sidney, Ohio*.
Pricing and additional details on the 2023 Honda Civic Type R will be provided closer to launch this fall.
*using domestic and globally sourced parts
About Honda
Honda offers a full line of clean, safe, fun and connected vehicles sold through more than 1,000 independent U.S. Honda dealers. Honda has the highest fleet average fuel economy and lowest CO2 emissions of any major full-line automaker in America, according to the U.S. Environmental Protection Agency's 2021 Automotive Trends Report. The award-winning Honda lineup includes the Civic, Insight, and Accord, along with the HR-V, CR-V, Passport and Pilot sport utility vehicles, the Ridgeline pickup and the Odyssey minivan. Honda's electrified vehicle lineup includes the Accord Hybrid, CR-V Hybrid and Insight, and, in the future, Civic Hybrid. The Honda Prologue SUV, Honda's first volume battery-electric vehicle, will join the lineup in 2024.
Honda has been producing automobiles in America for 40 years and currently operates 18 major manufacturing facilities in North America. In 2021, more than 95% of all Honda vehicles sold in the U.S. were made in North America, with nearly two-thirds made in America, using domestic and globally sourced parts.
More information about Honda is available in the Digital FactBook.
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SOURCE American Honda Motor Co., Inc. | https://www.whsv.com/prnewswire/2022/09/01/hottest-hot-hatch-brings-more-heat-all-new-honda-civic-type-r-adds-power-performance-swagger/ | 2022-09-01T02:52:16Z |
DALLAS, Aug. 31, 2022 /PRNewswire/ -- Dallas employment boutique Clouse Brown is building its roster of executive employment lawyers with the addition of Megan Dixon, an attorney with experience handling a broad range of litigation matters for employers and employees before administrative agencies, state and federal courts, and arbitration tribunals.
Ms. Dixon has represented clients in claims of discrimination, harassment, wrongful termination, retaliation, breach of contract, wage and hour disputes, non-compete matters, and other employment-related tort claims. She also has significant appellate experience and has obtained favorable appellate rulings on behalf of her clients in the U.S. Fifth Circuit Court of Appeals and other state appellate courts.
In addition to the Fifth Circuit, Ms. Dixon's other admissions include the Northern, Southern, Eastern and Western federal District courts in Texas.
"With Megan joining the firm, we're able to offer our clients additional talent and support when it comes to litigation and alternative dispute resolution," said Clouse Brown partner Alyson Brown. "She is a welcome addition to our employment law team."
Ms. Dixon is a member of the Dallas Bar Association Labor and Employment Section, the Texas Employment Lawyers Association, and the National Employment Lawyers Association – DFW Chapter.
Recognized by her peers for her work in the profession, Ms. Dixon has been selected to the Texas Super Lawyers Rising Stars list for her work in employment law every year since 2016, and she has been selected to the Top Women Attorneys in Texas Rising Stars by Super Lawyers every year since 2020.
A cum laude graduate of Southern Methodist University Dedman School of Law, Ms. Dixon has served on her alma mater's employment law panel, as well as on a similar panel at Texas A&M School of Law. She also authored Working Together to Eliminate Sexual Harassment in the Workplace, published in the UNT Dallas Accessible Law Journal.
About Clouse Brown PLLC
Clouse Brown is a Dallas-based employment law boutique. The firm represents senior executives, business owners, physicians, corporations, and others in a variety of complex employment litigation, arbitration, and negotiation matters. For more information, visit ClouseBrown.com.
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SOURCE Clouse Brown PLLC | https://www.whsv.com/prnewswire/2022/09/01/megan-dixon-joins-clouse-browns-team-executive-employment-attorneys/ | 2022-09-01T02:52:23Z |
Plumbing Companies Will Now Be Offered High Performing Digital Marketing Services
CHARLOTTE, N.C., Aug. 16, 2022 /PRNewswire/ -- Matt Maglodi, founder of the full service digital marketing company Online Advantages, is pleased to announce the launch of Plumber SEO, which is the latest service from his new brand Digital Marketing For Plumbers By Online Advantages.
As Maglodi noted, through his extensive experience with SEO and digital marketing, he has seen first hand how these services have benefited the plumbing industry.
This knowledge inspired him to create the new brand and offer high performing digital marketing services to plumbing companies, including plumber SEO and much more.
To learn more about Digital Marketing For Plumbers By Online Advantages, please click here https://digital-marketing-for-plumbers.onlineadvantages.net/plumber-seo/ to go to the page that will address the following topics and questions:
- Search engine optimization for plumbing companies
- Why is search engine optimization for plumbers so important
- Search engine optimization company for plumbers
- Search engine optimization services that plumbers can trust
- Search engine optimization plumbing agency
- Plumbing search engines optimization
The fact that Maglodi has added new brand and specialized digital marketing service to his company will not surprise the many satisfied clients who have worked with him over the years.
Since Maglodi launched Online Advantages, he has earned a well-deserved reputation for not only offering the best and most effective digital marketing services, but also for being on the lookout for additional services he and his team can offer. Never content to rest on his laurels, Maglodi is always thinking about how he can help his valued clients and their companies succeed.
Even though Maglodi only began offering digital marketing for plumbers quite recently, he and his team are already seeing a great deal of interest from plumbing companies.
"Our customer focused team will improve your Digital Presence and increase sales for your web-based plumbing operations."
Digital Marketing For Plumbers By Online Advantages is a unique full service internet marketing company. Founder Matt Maglodi specializes in all aspects of online marketing from video marketing, to pay per click advertising, organic search and social media. For more information, please visit https://digital-marketing-for-plumbers.onlineadvantages.net.
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SOURCE Digital Marketing For Plumbers By Online Advantages | https://www.whsv.com/prnewswire/2022/09/01/plumber-seo-latest-service-digital-marketing-plumbers-by-online-advantages/ | 2022-09-01T02:52:30Z |
NEW YORK, Aug. 31, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Kiromic BioPharma, Inc. (NASDAQ: KRBP): (i) pursuant and/or traceable to the offering documents issued in connection with the Company's initial public offering conducted on or about July 2, 2021 (the "IPO"); and/or (ii) between June 25, 2021 and August 13, 2021, both dates inclusive (the "Class Period"), of the important October 4, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Kiromic BioPharma securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Kiromic BioPharma class action, go to https://rosenlegal.com/submit-form/?case_id=8051 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 4, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the IPO documents failed to disclose that the U.S. Food and Drug Administration ("FDA") had, prior to the filing of the IPO documents, imposed a clinical hold, and in fact, contained statements indicating that it had not. Given that the IPO closed on July 2, 2021, more than thirty (30) days after Kiromic BioPharma submitted the Investigational New Drug ("IND") applications for its two immunotherapy product candidates, investors were assured that no clinical hold had been issued and clinical trials would commence.
Kiromic BioPharma, however, received communications from the FDA on June 16 and 17, 2021, informing it that the FDA was placing the IND applications for its two candidate products on clinical hold. The IPO documents failed to disclose this information, instead representing that clinical testing was expected to proceed in the third quarter of 2021. Clinical testing did not proceed in the third quarter of 2021, nor was it likely given the FDA's imposition of a clinical hold. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Kiromic BioPharma class action, go to https://rosenlegal.com/submit-form/?case_id=8051 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.whsv.com/prnewswire/2022/09/01/rosen-leading-law-firm-encourages-kiromic-biopharma-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-krbp/ | 2022-09-01T02:52:37Z |
Job seekers can also used The Verified Resume to stand out among other job candidates
FORT WORTH, Texas, Aug. 31, 2022 /PRNewswire/ -- Statistics published by Indeed.com indicate that 40% of job seekers lie on their resumes, a trend that employers need to be more aware of than ever. The team at The Verified Resume recognizes this concern and has created a seamless online platform where employers can bring their resume information and have it verified. This platform also allows job seekers to submit their resumes for verification before they apply for their next position.
According to Business News Daily, the cost of hiring the wrong employee can range from $17,000 to more than $200,000. The time that goes into conducting interviews is a monumental use of resources, and that's not where the costs of interviews end. Conducting background checks tend to tell employers some things about their prospective hires, but these background checks typically don't verify a candidate's job history or other details that might be listed on their resumes.
That's where The Verified Resume comes in. When employers upload a resume to The Verified Resume, their team of experts gets to work. Their job is to conduct an investigation of the candidate's resume that includes verifying education, credentials, and work history. Their professional team verifies personal and professional references, as well, but they do want to remind employers that traditional criminal background checks should still be conducted. The Verified Resume's services are an excellent additions to the toolbox of any human resources professional, hiring manager, or entrepreneur. Whether making a first hire or the hundredth hire, The Verified Resume provides companies of all sizes with an unbeatable peace of mind when it comes to hiring the right candidate the first time.
Not only is The Verified Resume a powerful tool for employers, but it can also be used by job seekers to help them stand out among job applicants. Anyone with a resume can request to have their background and credentials authenticated by The Verified Resume. When a job applicant submits a resume that's already verified, they can show prospective employers that they are honest and willing to take initiative.
The team at The Verified Resume is thrilled to partner with employers and job seekers. Hiring managers, business owners, HR professionals, and prospective employees are now invited to subscribe at https://theverifiedresume.com/.
The Verified Resume helps job seekers stand out from the competition with online resume authentication.
CONTACT
The Verified Resume
Website: https://theverifiedresume.com/
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SOURCE Live Wingman, LLC | https://www.whsv.com/prnewswire/2022/09/01/verified-resume-helps-employers-hire-with-confidence/ | 2022-09-01T02:52:45Z |
Bluefield State University hopes to bring back mining engineering curriculum
BLUEFIELD, W.Va. (WVVA) - Members from coal companies in our region gathered with Bluefield State University officials Wednesday at the Fincastle. Their goal was to raise money to bring back what they’re calling a much-needed curriculum at the school: mining engineering.
“We want employers to see that we’re meeting their needs and we’re reaching out to them and having them come here tonight is just an example of how people are starting to take notice of Bluefield State,” said university president, Dr. Robin Capehart.
Dr. Capehart says the school previously had a mining engineering program but had to do away with it due to recruiting difficulties.
“Now that we have housing we’re going to be able to expand our recruiting circle for students wanting to go into mining engineering and with the help that we’re going to receive here tonight we’re going to be able to endow a professorship and we’ll be able to provide scholarships for students to come here,” said Dr. Capehart.
Governor Jim Justice (R-WV) was on hand and says bringing the program back could stimulate the coal industry.
“I owe giant parts of my life to coal. We should be very appreciative of the contributions that coal has made in all of our lives and all of our freedoms all through the decades,” said Justice.
Dr. Capehart says the school is hopeful to have the mining engineering program back for the fall semester of next year.
Copyright 2022 WVVA. All rights reserved. | https://www.wvva.com/2022/09/01/bluefield-state-university-hopes-bring-back-mining-engineering-curriculum/ | 2022-09-01T03:02:46Z |
Members of the P.E.O Chapter L in Rock Springs portrayed The Seven Sisters during a presentation as they celebrated Founders' Day with other Wyoming chapters on Saturday, Aug. 27 at the First Congregational Church. From left to are Dorothy Cook, Lori Grube, Charlese Howe, Sue Kearns (narrator), Teresa Anderson, Brenda Gray, Margaret Kinder and Susan Magnuson.
ROCK SPRINGS -- Chapter L of the Wyoming P.E.O. Sisterhood welcomed members of Chapters L, AE, AY, BC, and BE to the annual observance of Founders’ Day on Saturday, Aug. 27 at the First Congregational Church.
Founders Day is celebrated each year by members in the United States and Canada. A highlight of this year’s observance was the attendance of State President, Sharon Johnson of Chapter BE in Pinedale.
Members went back into time by portraying the seven sisters who founded P.E.O., a philanthropic, educational organization founded on January 21, 1869, at Iowa Wesleyan University.
The seven young women wanted to start a ‘society of our own.’
Each of them pretended to write letters to loved ones, sharing their experiences with the society they created in Mount Pleasant, Iowa in 1869.
P.E.O. Chapter L member Sue Kearns was the narrator.
The following members of the P.E.O Chapter L played the seven sisters during their presentation:
Alice Bird Babb was portrayed by Margaret Kinder
Franc Roads Elliot was portrayed by Susan Magnuson
Mary Allen Stafford was portrayed by Dorothy Cook
Alice Virginia Coffin was portrayed by Brenda Gray
Susie Pearson Penfield was portrayed by Teresa Anderson
Hattie Briggs Bousquet was portrayed by Charlese Howe
Ella Stewart was portrayed by Lori Grube
“It is impossible to know them fully but, in truth, it is by their proof that we know them through P.E.O. and today, our hats go off to the founding sisters of P.E.O.,” said Kearns after the presentation.
A highlight of this year’s observance was the attendance of State President, Sharon Johnson of Chapter BE in Pinedale.
Johnson pointed out that this year’s theme is “Sisterly love inspires.”
According to Johnson, the legacy of P.E.O. has been built on love, faith, purity, justice and truth – their five virtues.
“It’s not just about education, it’s about the relationships among sisters,” said Johnson.
As of April 2022, the organization has provided more than $398 million in grants, scholarships, awards, and loans to help women pursue their educational goals.
In September 2021, Chapter L celebrated its 100th anniversary. Sweetwater County Chapters, L, AE, BC in Rock Springs and AY in Green River, have over 150 members.
Women interested in pursuing educational goals are urged to visit the P.E.O. website peointernational.org | https://www.wyomingnews.com/rocketminer/helping-women-reach-for-the-stars-wyoming-p-e-o-members-celebrate-founders-day/article_db55245a-299c-11ed-a0eb-e7eef1fe5e81.html | 2022-09-01T03:08:08Z |
The Rock Springs Main Street/URA and Broadway Theater are looking for a student interested in being an intern druing the fall/winter semester. Applications are due on Sept. 9, 2022.
ROCK SPRINGS -- The Broadway Theater is accepting applications for their Fall/Winter 2022 Internship & Scholarship program for students interested in the performing arts, event management, theater operations, marketing and similar programs. The scholarship is open to high school seniors or students enrolled at Western Wyoming Community College for the fall semester.
The successful candidate will work at the Broadway Theater and Bunning Hall in all aspects of operations – marketing, maintenance, schedule coordination, event planning & set-up, lighting and sound, and performer contracts. The successful candidate will also meet specific goals as outlined in the application process; they will be evaluated and coached extensively throughout the term.
The program is being funded by the Sweetwater Board of Cooperative Education (SBOCES). According to Dr. Bernadine Craft, SBOCES Executive Director, they are excited about funding this upcoming program for students in Sweetwater County, as opposed to merely providing performance support.
“This enhanced program will give students hands-on experience with all aspects of the theater and performing arts, as well as grant writing and business management skills, reinforcing their classroom studies,” Dr. Craft added. It is hoped that the program will prove to be of greater practical benefit to students than sporadic master class opportunities.
One of the goals of SBOCES is to support cooperative efforts to improve career/technical education in Sweetwater County. The successful candidate will apply classroom experience and interest to a real world setting, acting alongside the Theater & Events Coordinator to assist with all areas of theater operations. Ultimately, the successful candidate will leave the program with enhanced career and technical skills and a better understanding of potential jobs in the field.
Students interested in applying for the Scholarship/Internship can download an application from the Broadway Theater’s website at BroadwayRS.com or by calling 307-352-1434. Applications are due September 9, 2022.
The Rock Springs Main Street/Urban Renewal Agency is charged with the redevelopment of Downtown Rock Springs. As part of their mission, there are three standing committees – Business Development, Promotions and Arts and Culture. For more information on the program, contact the Rock Springs Main Street/Urban Renewal Agency at 352-1434 or visit their website at downtownrs.com | https://www.wyomingnews.com/rocketminer/local-organization-seeks-intern-for-fall-semester/article_04df005e-299b-11ed-8d74-f735318cf8cc.html | 2022-09-01T03:08:14Z |
Teens cause $100,000 in damages to middle school, authorities say
PALATKA, Fla. (Gray News) - Three teens are accused of burglarizing and causing extensive damage to a Florida middle school.
According to the Putnam County Sheriff’s Office, the teens burglarized the Jenkins Middle School campus on Aug. 28 and caused an estimated $100,000 in damages.
The Palatka Fire Department responded to a call of smoke in the area of the middle school campus at about 4 p.m. Crews reportedly saw three teenagers running from the campus when they arrived.
Deputies and Palatka police officers said they found extensive damage to most of the buildings and the city-owned gym on campus.
According to the sheriff’s office, numerous windows were broken, toilets were damaged, sinks overflowed, security cameras were destroyed and 17 fire extinguishers were discharged.
Authorities said security cameras caught some of the destruction on video before they were damaged, and a deputy was able to identify one of the teens involved from Palatka Junior-Senior High School.
First responders said the campus was equipped with an alarm system, but the incident did not trigger the alarms.
The sheriff’s office said the teens involved were 14 years old. They are facing charges that include first-degree felony burglary and third-degree felony criminal mischief.
Officials said the city of Palatka owns the gym portion of the campus and is investigating the damages to that building as a separate case.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wvva.com/2022/09/01/teens-cause-100000-damages-middle-school-authorities-say/ | 2022-09-01T03:15:48Z |
Gas prices continue to decline after record high in June
(WHSV) - The relief at the pump continues. According to AAA, the national average for regular gasoline is now $3.86 a gallon as of Wednesday, down from a record high of $5.01 on June 14.
On a more local scale, the state of Virginia was averaging $3.62 a gallon on Wednesday. Harrisonburg is down to $3.63, Staunton-Waynesboro has dropped to $3.68, and our West Virginia viewing area is now seeing an average gas price of $4.02 per gallon.
Gas prices continue to be on a steady decline, but how could that change?
“Here in the United States, I think the biggest thing people should be watching is we are about to head into the peak of hurricane season. Hurricanes that come into the Gulf of Mexico can really, really impact the fuel, oil, crude oil industry,” said Morgan Dean of AAA Mid-Atlantic.
Dean said as long as there are no interruptions, prices should stay down.
“If we continue to see lower prices for crude oil, and we don’t really see a spike in demand, and we don’t see any global issues that would start to push prices up, and we don’t see any kind of interruptions because of hurricanes and tropical systems in the Gulf of Mexico, I think we continue to see prices drop or at least stabilize at this lower level,” said Dean.
One thing that is going in our favor is that we are heading into the fall and typically that means demand continues to drop.
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/09/01/gas-prices-continue-decline-after-record-high-june/ | 2022-09-01T03:19:16Z |
FILE - Facebook CEO Mark Zuckerberg speaks at Georgetown University in Washington, Thursday, Oct. 17, 2019. Federal regulators, Wednesday, July 27, 2022, took legal action to block Facebook parent Meta and CEO Mark Zuckerberg from acquiring virtual reality company Within Unlimited and its fitness app Supernatural, asserting the deal would hurt competition and violate antitrust laws. (AP Photo/Nick Wass, File)
KAPAA, Hawaii (KITV4) -- A Kauai construction company is suing Facebook CEO Mark Zuckerberg’s company for not receiving a payment of more than $130,000 for work it has completed on the billionaire tech titan’s North Shore Kauai property.
The recently-filed lawsuit says that in March 2020, Zuckerberg’s company Pilaa Land LLC contracted Kapaa’s Williams Construction LLC to build a “Jungle House & Cabin,” as well as “Tree Houses” on Zuckerberg’s property in Kilauea.
Williams Construction says it billed and sent a written demand for the payment in the amount of $133,726.47 to ORBT LLC, a company affiliated with Pilaa Land.
However, the Kapaa construction company says ORBT has failed and/or refused to make payment in accordance with its requests.
To that end, Williams Construction has claimed a lien upon the fee simple interest in the property an all of its improvements, according to court documents.
KITV4 News has reached out to Pilaa Land’s spokesperson for comment.
This story will be updated when more information is released.
Duane Shimogawa has more than 15 years of experience in the media industry with stints as a reporter/anchor at several TV and radio stations, as well as newspapers such as Pacific Business News, Hawaii News Now, KNDU/KNDO-TV, and more. | https://www.kitv.com/news/business/kauai-construction-company-sues-facebooks-mark-zuckerbergs-company-over-nonpayment/article_a480b46c-2997-11ed-93a7-ab74ff76cf6c.html | 2022-09-01T03:24:26Z |
As Mississippi's capital faces a third day without reliable water service Wednesday -- pushing some residents to stand in long lines for bottled water and keeping schools and businesses closed -- the mayor says he hopes water service can be restored this week.
The problem came to a head Monday, when river flooding nudged an already-hobbling main treatment plant to failure, meaning Jackson couldn't necessarily produce enough water to flush toilets or even fight fires, officials say. The water system has been troubled for years and the city already was under a boil-water notice since late July.
Officials "are optimistic that we can see water restored to our residents within this week" in the city of roughly 150,000 residents, Mayor Chokwe Antar Lumumba told CNN Wednesday.
"There is a huge mountain to climb in order to achieve that," he said. Crews "are working persistently to restore the pressure, to refill the tanks across the city," Lumumba said.
Gov. Tate Reeves tweeted Wednesday that an emergency rental pump that will pump an additional 4 million gallons of water is being installed at Jackson's water facility.
"More to be done, but the work is happening at an incredible pace!," Reeves tweeted.
The governor also declared an emergency and activated the National Guard to help distribute bottled water, and said he sent resources for urgent repairs and maintenance at the plant. Some service already has improved, and truckloads of water are coming for distribution to the public, officials said.
President Joe Biden, who signed a major disaster declaration Tuesday triggering assistance from the Federal Emergency Management Agency, spoke to Lumumba on Wednesday to discuss emergency efforts, the White House said.
Lumumba said Wednesday that he spoke extensively with Biden and separately with Harris about the situation in Jackson.
"Both assured me that the eyes of Washington are watching the city of Jackson. They wanted us to know that we should expect the full arm of support from the federal government in every way that they possibly can," mayor said. "And they assured me their support was going to be demonstrated through long-range and long-term efforts through the EPA."
Advocates have previously pointed to systemic and environmental racism as among the causes of Jackson's ongoing water issues and lack of resources to address them. About 82.5% of Jackson's population identifies as Black or African American, according to census data, while the state's legislature is majority White.
The water system has suffered from "deferred maintenance over three decades or more," and the city will need funding help to catch up, Lumumba said earlier this week.
Water crisis upends nearly all aspects of Jackson
While local, state and federal agencies are trying to mitigate the water crisis, it is still upending nearly all aspects of life in the city, where public schools shifted to virtual learning Tuesday.
Cassandra Welchlin, a mother of three, told CNN her kids are out of school and they've had to buy water to cook, brush their teeth and for other basic necessities.
Brown water has been running from her taps, said Welchlin, executive director of the Mississippi Black Women's Roundtable.
"We still would not use that water. We don't boil it to do anything with it because grit is in the water," she said. "It's a really bad public safety issue."
Local businesses are also struggling to stay afloat, Dan Blumenthal and his partner Jeff E. Good, who own Broad Street Bakery & Cafe, BRAVO! Italian restaurant and bar and Sal and Mookie's New York Pizza and Ice Cream Shop, told CNN.
All three businesses are owned by the management company Mangia Bene Restaurant Management Group Inc.
Blumenthal said the restaurants were able to recover after Covid-19, but the current water crisis has brought on similar staffing issues. Tanya Burns, who has managed BRAVO! for the last 12 years, told CNN that she has seen a 10% to 20% decrease in foot traffic since the boiling water advisory started four weeks ago.
"It feels like Covid to me with the way things are going," Blumenthal said. "We had to let all of our staff go after Covid and now we're not letting them go but we're worried they'll jump ship and go to another county where they can make money."
The most affected business sector is the city's hospitality industry, said Jeff Rent, president and CEO at Greater Jackson Chamber Partnership.
"Hotels and restaurants, already on thin margins, either cannot open or they have to make special accommodations including the purchase of ice, water and soft drinks," Rent said.
Even the process of distributing bottled water to residents has had difficulties. At a distribution event Tuesday at Hawkins Field Airport, residents waited in a line more than a mile long -- and some were turned away when the site ran out of its 700 cases of water in just two hours.
Some stores ran thin of supplies. Jackson resident Jeraldine Watts was able to snag some of the last water bottle cases at a grocery store Monday, she told CNN. She and her family have been using bottled or boiled tap water for everything, including cooking and washing dishes.
"I keep saying we're going to be the next Michigan," Watts said, "and it looks like that's exactly what we're headed for."
Watts was referring to Flint, Michigan, which was hit with a water crisis around 2015 when tainted drinking water containing lead and other toxins was detected in homes and residents reported children suffering from mysterious illnesses.
Corean Wheeler, who picked up a case of water at a local church, said she feels "disenfranchised" by the city's water crisis.
"You don't even want to wash your hands in this water," said Wheeler, 72. "You can't drink it, you can't cook with it, you can't even give it to your pet. We are constantly paying water bills and we can't use the water. We feel like we are living in a third world country in America and that's kind of bad."
Jackson's University of Mississippi Medical Center said air conditioning at one facility is not functioning properly because of low water pressure, and portable restrooms are being used at other facilities.
Water crisis interrupts campus life at JSU
At Jackson State University, there is "low to no water pressure at all campus locations," and water is being delivered to students, officials said. The university's head football coach, Deion Sanders, said its football program is in "crisis mode."
Sophomore Erin Washington told CNN, "It's like we're living in a nightmare right now." Washington has already booked her flight home to Chicago.
"The water would be brown and kind of smell like sewage water," said JSU freshman Jaylyn Clarke, who decided to go back home to New Orleans until the water situation is resolved.
The university is working to make provisions for the 2,000 students who live on campus, university president Thomas K. Hudson told CNN on Wednesday. Portable showers and toilets have been set up across campus and classes were virtual for the week.
Hudson said Jackson State has a stash of drinking water that it keeps for emergencies. The university is also bringing in clean water to keep the chillers operating for air conditioning in the dorms, Hudson said.
"It's their frustration that I'm concerned about," Hudson said. "It's the fact that this is interrupting their learning. So what we try to do is really focus on how we can best meet their needs."
What happened, and what officials say is being done
Though Jackson has seen numerous water issues over the years, acute problems cascaded since at least late July, when the state imposed a boil-water notice for Jackson after high levels of turbidity, or cloudiness, were noticed at the city's O.B. Curtis Water Treatment Plant. The cloudiness carries higher chances that the water could contain disease-causing organisms, the city said.
Around the same time, the main pumps at O.B. Curtis -- the city's main treatment plant -- were severely damaged, forcing the facility to operate on smaller backup pumps, Reeves said this week without elaborating on the damage. The city announced August 9 that the troubled pumps were being pulled offline.
The governor said he was told Friday that "it was a near-certainty that Jackson would fail to produce running water sometime in the next several weeks or months if something did not materially improve."
Then, flooding: Heavy rains last week pushed the Pearl River to overflow and flood some Jackson streets, cresting Monday.
O.B. Curtis received additional water from a reservoir because of the flooding, and that changed the way the plant treated the water, causing the plant to produce even less than it was, and that severely lowered the water pressure across the city, Lumumba said Monday.
Some improvements have been made at the plant, but more is needed, state officials have said.
On Tuesday, the plant was pumping about 30 million gallons of a day; it is rated to pump about 50 million gallons a day, Jim Craig, director of health protection at the state health department, told reporters Tuesday.
Reeves previewed the installation Tuesday night, saying a rented pump "will allow us to put at least 4 million gallons" more into the system.
"That is progress and will help," Reeves said Tuesday. It wasn't immediately clear how long the installation would take or how soon it could impact the city's water flow.
Reeves has said the state would split the cost of emergency repairs with the city.
On Wednesday, an additional pump was installed at the plant, Lumumba said. Despite some issues with water pressure -- which is measured in pounds per square inch (psi) -- on Tuesday night, the mayor said the city expects water pressure to increase Wednesday night.
"The goal is to get psi on the surface system to 87psi," Lumumba said, explaining the pressure at midnight was 40psi.
The mayor is still asking residents to continue boiling water.
"It is safe to take baths in, it is safe to wash your hands. However, if you are drinking or cooking with it, we ask you to boil that water. If you're washing the dishes, we ask that you boil the water in that circumstance to make certain that it is safe for you," he said.
As a fuller solution, Lumumba has said it would take $2 billion to fully repair and replace the dated water and sewer systems, and that's money the city isn't close to having.
"I have said on multiple occasions that it's not a matter of 'if' our system would fail, but a matter of 'when' our system would fail," the mayor said Tuesday, adding that the city has been "going at it alone for the better part of two years" when it comes to the water crisis.
Lumumba added that there will be water distributions across the city Monday through Friday starting at 5 p.m., Saturday at 11 a.m. and Sunday at 1 p.m..
"The city of Jackson has brought in tankers to distribute non-potable water to residents in need. Residents are asked to bring a container, such as a garbage can or a cooler to store the water. This is not water to be consumed, this is the water for sanitary needs of flushing toilets and things of that nature," the mayor said.
Beginning Thursday, seven mega distribution sites with 36 truckloads of water will be available each a day for the public, Lt. Col. Stephen McCraney, director of the Mississippi Emergency Management Agency, said Tuesday.
Corporations like Anheuser-Busch, Walmart and Save A Lot, as well as volunteer organizations are also donating water to the city, McCraney added.
The city is also providing flushing water, Jackson City Councilman Aaron Banks told CNN.
"One of the first things that we realized is that people need to be able to flush, because that becomes a problem as far as making sure that people have that quality of life that they need," he said.
"At the end of the day, we need a fix and the same attention that was given to Flint, Michigan, we need that same attention given to Jackson," Banks said.
A local church is also helping to distribute water in the meantime. At New Jerusalem Church in southwest Jackson, Malcolm Pickett was seen Wednesday loading cases of water from a trailer into trunks and backseats. He announced on social media earlier he'd be giving out water at the church led by his father Pastor Dwayne K. Pickett.
"They are scared to use the water and that's the biggest thing," Malcolm Pickett said. "We are all about helping people."
At Jackson State, some students are raising money to buy water for Jackson residents in need, and have created a hotline that those residents can call to ask for help.
Maise Brown, 20, a junior at Jackson State, organized the group of about 20 students, called Mississippi Student Water Crisis Advocacy Team. The group launched a social media campaign Tuesday to raise money and to publicize the hotline.
As of Wednesday morning, the group raised about $2,000 and received about 10 calls asking for help.
"We had disabled residents calling us ... for help," Brown said. "We also had people who live outside the city call us and ask us to help their elderly parents."
The group plans to knock on the doors of homes, hoping to reach people who might not see its social media campaign, Brown said.
Long-standing issues at troubled water system
Jackson's water system has been faced serious issues for years.
In early 2020, the Jackson water system failed an Environmental Protection Agency inspection, which found the drinking water had the potential to be host to harmful bacteria or parasites.
In February 2021, a severe winter storm hit, freezing and bursting pipes and leaving many residents without water for a month.
"Since that time, there has not been a month where we have not experienced no-flow to low-flow in certain areas in south Jackson, and so it's very frustrating," Banks, the city councilman, told CNN.
In July 2021, the EPA and the city entered into an agreement to address "long-term challenges and make needed improvements to the drinking water system." The EPA also recently announced $74.9 million in federal water and sewer infrastructure funds for Mississippi.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. | https://www.kitv.com/news/national/jackson-mississippi-mayor-says-he-hopes-water-service-can-be-restored-this-week-as-residents/article_dd5c30f5-4e89-5bbb-919e-c806d045155f.html | 2022-09-01T03:24:32Z |
The 10th Annual Steve McManus Memorial Car Show, hosted by Coldwell Banker Holman Premier Realty, was held on August 19th, 2022 in the Coldwell Banker parking lot from 6:00 to 8:30 pm. The event saw 59 entries, countless spectators, many generous sponsors, food and drinks, and a live radio spot with Basin Mediactive. Entries ranged from various Rat Rods, Classic muscle cars and trucks, to motorcycles and everything in between. The event benefits the Klamath Lake County Food Bank. In lieu of an entry fee participants bring a canned food item for donation. This year 397 lbs of non-perishable food items were donated. Many participants and attendees also made monetary donations with an additional $615 presented to the food bank.
Show Awards and prizes were given for
Best of Show- Rick Sumnar and his 1968 Chevy Camaro (picture shown)
People’s Choice- Pete Cholewinski and his 1969 GMC 1500 Short Bed Pick up
Most Flare- Deb Conner and her 1948 Plymouth Deluxe
Event photos can be found on the Coldwell Banker Holman Premier Realty Facebook page. Coldwell Banker and the event coordinators were overwhelmed with the positive feedback received and thank all the sponsors, attendees and spectators who ALL helped make the event a success! Special thanks to Fable Restaurant, Stacy Dennis IT Solutions, Indulgence Salon, Miss Klamath County/City of Sunshine, Benefit for the Basin and Country Financial.
Next year’s event is scheduled for August 18th, 2023 and everyone is invited once again! For more information on next year’s event contact Courtney Shaw at Coldwell Banker (541)884-1343 or email marketing@cbkfalls.com to get on the email list for event updates and announcements. | https://www.heraldandnews.com/10h-annual-steve-mcmanus-memorial-car-show/article_8ad820a0-2996-11ed-bede-e39a2f3b7bea.html | 2022-09-01T03:28:51Z |
Danyale Golden, 35 , and Noah Haines, 26; married Aug. 13.
Cyrus Parker, 29, and Kaylee Nicols, 31; married Aug. 6.
Danyale Golden, 35 , and Noah Haines, 26; married Aug. 13.
Cyrus Parker, 29, and Kaylee Nicols, 31; married Aug. 6.
Wade May, 24, and Lacey Sanders, 27; married Aug. 13.
Barbara Summerhill, 30, and Aaron Lehmann, 26.
Rose Meister, 43, and Kevin McCage, 35; married Aug. 13.
Michael Connolly, 57, and Rahcelle Nelson, 38.
Arthur Tranah, 40, and Ketzia Shafer, 24.
Andrea Chavarria, 35, and Will Oxley, 36; married Aug. 14.
Hanna Bello, 29, and Apollo Trulove, 43; married Aug. 13.
Sara Blaine, 36, and Christopher Vancura, 39; married Aug. 8.
Mark Wicks, 56, and Rebecca Dively, 44.
Randi Kirk, 35, and Matthew Foley, 37.
Alexander Woods, 28, and Carson Crook, 26; married Aug. 5.
Michael Kerkering, 28, and Carmela Sotes, 25.
Lawrence Gravelle, 80, and Valerie Paulson, 76.
Nichlas Luton, 34, and Julie Woods, 51.
Michael Neuenschwander, 69, and Margaret Dutra, 62.
Alissa Stichler, 28, and Jean-Paul Reboulet, 27; married Aug. 21.
Maria Jaramillo, 28, and Miguel Navarro Leon, 27.
Elijah Builta, 22, and Natalie Hanson, 23; married Aug. 20.
Gerrit Dehoop, 28, and Mya Dotson, 22.
Nickolas Wood, 28, and Jenna Rood, 28.
Jame Loper, 65, and Janet Higgins, 66.
Doree E'strong, 43, and Joshua McKay, 46; married Aug. 16.
Tahnaya Parrish, 26, and Gustavo Miller, 30.
Kathryn Tuttle, 26, and Gregory Van Riper, 30; married Aug. 24.
Rose Bybee, 22, and Shawn Fleming, 23; married Aug. 25.
Kristin Kinsman, 36, and Skyler Massey, 37.
Alica Prock, 44, and Scott Koschene, 43; married Aug. 24.
Sarena Sutton, 26, and Shane Clark, 32.
Bryan Ellison, 44, and Gerri Valencia, 47.
Jake Drost, 24, and Jasmine Schock, 21.
Julisa Garcia-Pena, 21, and Yordi Tiznado-Montes, 29.
Clifford Corey, 66, and Kimberly Kittinger, 61.
Breianna Calarruda, 26, and Tristan Murdock, 26.
Patricia Thompson, 21, and Mitchell Cole, 25.
Cayla Hill, 32, and Trevor Workman, 30.
Michael McVey, 56, and Christa Ingalls, 51.
Taylor Fleming, 26, and Rebecca Cox, 32.
Ryan Holmes, 23, and Catherine Bellando, 24.
Makenzie Stieber, 26, and Austin Collier, 27.
Alyssa Serrano, 19, and Joel Tecmire, 20.
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GALICE, Ore. — The Rum Creek Fire in remote southwest Oregon had burned 12,916 acres as of Wednesday morning and is threatening thousands of homes.
It is about 1% contained.
The Northwest Interagency Coordination Center said 5,035 homes and more than 2,600 other structures were at risk, Oregon Public Broadcasting reported. Officials have said the fire has destroyed one home and two structures.
High temperatures and shifting winds in the next several days are expected to increase fire danger and cause the blaze to become more active, officials said.
Mandatory evacuations are in place for dozens of homes near the towns of Rand and Galice. Lower level evacuations are in effect for some surrounding areas.
Heavy smoke kept temperatures down and helped increase humidity levels, so fire activity slowed on Monday, the update said. The smoke also curtailed air operations and the fire grew by nearly 1,984 acres.
More than 1,300 firefighters are working the blaze with additional personnel arriving. Crews from California are working with the Oregon State Fire Marshal on structure protection, including areas east of the fire, where it is most active, officials said.
“The night shift will continue tactical ignitions, holding and monitoring throughout the night,” said Tom Hall, Northwest 13 operations trainee, on the Inciweb website. “We’re also strategically placing engines to keep eyes on the entire west zone of the fire.”
Aviation resources now include an unmanned aerial system, which can be flown at night, according to Inciweb. Using infrared technology, it can “see” through smoke to gather real-time information about the active fire perimeter. | https://www.heraldandnews.com/news/fire-threatens-7-000-structures-in-southwest-oregon/article_a685f7b6-2985-11ed-8a8b-ff02752ecce5.html | 2022-09-01T03:29:09Z |
LAKEVIEW — Four National Forests in Oregon will open the 2022 commercial harvest season for Matsutake mushrooms following Labor Day weekend.
Matsutake mushroom season opens Tuesday, Sept. 6 in the Fremont-Winema, Deschutes, Umpqua and Willamette national forests. The 2022 season runs from Sept. 6 to Nov. 6.
A commercial permit must be purchased to pick any Matsutake mushroom in National Forests that is harvested for resale. Permits cost $200 for the 62-day season, $100 for a half season permit (valid for 31 consecutive days) or $8 per day with a three-day minimum purchase (picking days do not need to be consecutive). Harvesters must be 18 years of age or older and have a valid ID to purchase a permit.
Permits may be purchased beginning Sept. 6 from 8 a.m. to 2 p.m. Mondays through Thursdays at the Crescent Ranger District Office, 136471 US Hwy 97 North in Crescent or from 7:45 a.m. to 4:30 p.m. Mondays through Fridays at the Chiloquin Ranger District office, 38500 US Hwy 97 North in Chiloquin. Contact other ranger district offices on the Deschutes, Fremont-Winema, Umpqua and Willamette national forests for permit availability.
Each purchase of a permit will include information and a map of areas open to harvest. The permit is not valid on state or private property. Areas closed to harvest include Crater Lake National Park, Newberry National Volcanic Monument, HJ Andrews Experimental Forest and Research Natural Areas, Wilderness areas, Oregon Cascades Recreation Area (OCRA), campgrounds and other posted closed areas.
The Forest Service requires commercial harvesters to have written permission from the agency to camp on any National Forest lands, except in designated camping areas. A campground for commercial harvesters opened Tuesday, Aug. 30 at Little Odell Industrial Camp near Crescent Lake. The Crescent Ranger District manages the camp. Site occupancy allows up to eight persons and two vehicles. There are firepits, garbage service and portable restrooms. Water is not available. Current Public Use Restrictions must be followed. For more information about the Little Odell Industrial Camp, you can contact Crescent Ranger District at 541-433-3200.
For more information about the Matsutake mushroom program contact one of these participating Forest Service offices: Chiloquin Ranger District at 541-783-4001, Crescent Ranger District at 541-433-3200, Umpqua National Forest at 541-957-3200, or the Willamette National Forest at 541-225-6300. | https://www.heraldandnews.com/news/fremont-winema-national-forest-opens-matsutake-mushroom-season-after-labor-day-weekend/article_238e6c30-2962-11ed-b88f-67aa92fe85ca.html | 2022-09-01T03:29:16Z |
Klamath Community College’s Board of Directors has approved a six-month contract naming Camille Preus as the school’s acting president, effective Sept. 6.
The contract was finalized at a special meeting of the Board of Directors held on Thursday, Aug. 26 in order to maintain proper leadership while current KCC President Dr. Roberto Gutierrez takes extended leave due to an undisclosed medical condition.
Gutierrez plans to return to his position as KCC President within the next 3-6 months. Preus was named following the recommendation of Gutierrez based on her previous experience as a community college president.
Gutierrez has served as KCC President since 2012. During his tenure, KCC has seen rapid expansion in facilities and educational programs offered, including current construction of a new apprenticeship center slated to open in 2023.
Preus was Blue Mountain Community College President from 2013 to 2018. In the time since she has served as Executive Director of the Oregon Community College Association (OCCA), representing all 17 community colleges in Oregon pursuant to legislative and regulatory issues at both the state and federal level. Previous to her time at BMCC, Preus was Director of the Oregon Department of Community Colleges and Workforce Development from 2000 to 2013. She holds a doctorate in Community College Leadership from Oregon State University.
“Klamath Community College does not stand still,” Gutierrez said. “The team that keeps us moving, is evident in each area of success, and with each employee doing their part. As part of the Klamath Community College family, I am eager to return and witness the progression that this work has taken in my absence.” | https://www.heraldandnews.com/news/klamath-community-college-appoints-camille-preus-acting-president-while-dr-roberto-gutierrez-is-on-six/article_bfc9cb1e-2965-11ed-aa92-cbf9051f9c42.html | 2022-09-01T03:29:22Z |
When a child is asked what they want to be when they grow up, the unconventional answer of “funeral director” usually ranks much lower than, say, firefighter or veterinarian.
But conventional was never the name of the game for Klamath local Travis Sandusky who, at the age of 13, discovered his calling while working for his uncle, pulling weeds in the cemetery.
“I admired him and how he helped the community,” Sandusky said. “So, in seventh grade, I just decided this is what I wanted to do.”
Sandusky made good of his word and worked his way up to becoming a funeral director.
His work took him to Bend. There, he received a phone call one morning from an assisted living facility, requesting assistance with the death of one of their residents.
The man had been under the care of a hospice nurse named Alice, who was present when Sandusky arrived.
“That’s how you meet a funeral director,” Alice Sandusky said. “You work in hospice.”
The daughter of the deceased man stood at the foot of the bed, watching as Travis and Alice worked together to oblige her request that her father be dressed in his blue robe.
As the pair tended to the man, his daughter exclaimed, “Stop!”
Confused and concerned, Travis and Alice froze.
Finishing her proclamation, the woman said, “You two look great together.”
“And the rest is history,” Alice said, laughing as she took the hand of her husband of 20 years.
In 2020, the duo began serving Klamath Falls when they opened the doors of their business, Cascade Cremation & Burial.
The Sanduskys had intended to provide cremation services to the area, following the closure of another local crematory.
“It’s been a really tumultuous time for this industry in Klamath Falls,” Travis said.
Due to restrictions enforced by the Department of Environmental Quality (DEQ), operating a crematory at their building on East Main Street would not be possible.
Travis said, “The DEQ does not allow a crematory within 1,000 feet of a school, because the mercury that is in dental work — it vaporizes and enters the environment. So, the city said, ‘There’s no way.’”
Rather than start over in a new location, the couple decided to invest in an alternative option called aquamation.
Also referred to as alkaline hydrolysis, aquamation refers to a relatively new means of disposition in which the natural processes that occur postmortem are catalyzed. The Sanduskys said Cascade Cremation & Burial is currently the only facility in Oregon that provides this service.
“Alkaline hydrolysis just gets the water molecules moving faster,” Travis said. “It’s kind of like what happens when you sit in a hot tub too long.”
According to Travis, aquamation does in eight hours what natural decomposition takes years to do.
The water has been made highly alkaline by the compound potassium hydroxide flake, raising the pH to 14. Travis clarified this process is not acidic. There is no dissolving.
Aquamation was legalized in Oregon in 2009. It is an environmentally-conscientious option for the disposition of organic tissues and has been used by medical facilities such as the Mayo Clinic for many years.
“It’s 90% more energy efficient than cremation,” Travis said. “Crematories need up to 4 million BTU burners. Our equipment only uses two or three.”
Alice and Travis explained that the process is far less harmful than traditional earth burial.
After the aquamation process has finished, carbon dioxide is added to the water to lower the pH back down to standard levels. The Sanduskys said the remains become entirely organic compounds that can be safely returned to the earth.
The skeletal remains are then given to the families in the form of a fine powder in an urn, just as in cremation. Since the beginning of August, when they began offering services to the public, the couple has already served 15 families.
In addition to the environmental benefits, the couple chose aquamation as a way to give back to their community. In spite of the increased expense of the machinery itself, the couple offers their services at the same price as they would have offered cremation, which they said is far less expensive than other funeral homes.
“Providers want to up-sell aquamation due to the environmental benefits,” Travis said. “But we thought, ‘Why not just make this what we do, not try to sell it to people?’”
The desire to do what is right over what is profitable has been a continuous theme by which Travis and Alice conduct their business.
Travis recalled a class for after-death caretakers that the couple attended in Michigan.
“What we have done as the funeral business, is we just whisk the person away; and you come in, and you have no knowledge of this process, and you say, ‘I just want to remember them how they were.’”
The pair both lamented this approach fails to help people through their grief, particularly through what they referred to as the “acute loss period.” They explained this period is crucial to progress and heal, which Travis said is “where people really want to get.”
“We have gotten so far as an industry away from that, and we’ve left people not knowing what to do. So, they go to Amazon, and they buy an urn, and they think that is going to solve their problem.”
At the Cascade location, they have remodeled the structure so they can offer a place for the family to view their loved one prior to disposition.
“We encourage people to view so that their brain and heart really understand what is happening,” Alice said.
She said one of the most difficult steps in the process is when the family receives the ashes.
Instead of just handing them a box and asking for payment, Alice said they now present the ashes to the family members in a room they have set aside for privacy. There, they are given time to mourn and experience their feelings in a space where they can be alone with the remains of their loved ones.
“It’s about teaching people how to process their grief, while still respecting what they want and need,” Alice said.
Cascade Cremation & Burial is located at 1229 E. Main St. in downtown Klamath Falls. The business is currently open and offering both aquamation and burial services. For more information or to request services, call (541) 887-2919. | https://www.heraldandnews.com/news/klamath-falls-funeral-home-offers-eco-friendly-aquamation/article_43904968-2971-11ed-a827-03a330c929a6.html | 2022-09-01T03:29:28Z |
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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.heraldandnews.com/news/severe-thunderstorms-wash-out-forest-service-road-2308/article_572f66de-2980-11ed-8ef7-fbe09a543a01.html | 2022-09-01T03:29:40Z |
Atlantic hurricane season oddly quiet despite forecasts
NEW ORLEANS (AP) - It’s been quiet — too quiet — this Atlantic hurricane season, meteorologists and residents of storm-prone areas whisper almost as if not to tempt fate.
A record-tying inactive August is drawing to a close and no storms have formed, even though it is peak hurricane season and all experts’ pre-season forecasts warned of an above normal season. Nearly all the factors that meteorologists look for in a busy season are there.
Warm ocean water for fuel? Check.
Not a lot of wind shear that decapitates storms? Check.
La Nina, the natural cooling of the central Pacific that changes weather patterns worldwide and increases Atlantic storm activity? Check.
Yet zero storms formed. Surprised experts point to unusual persistent dry air and a few other factors. But each time they and computer simulations think something is brewing, nothing comes of it.
“It has been surprisingly and freakishly quiet in the Atlantic,” University of Miami hurricane researcher Brian McNoldy said, pointing out that weak Tropical Storm Colin fizzled out on July 2 and there’s been nothing since.
It’ll be the first time since 1941 that the Atlantic has gone from July 3 to the end of August with no named storm, Colorado State University hurricane researcher Phil Klotzbach said. Since 1950, only 1997 and 1961 had no named storms in August and 1961 then went hyperactive in September, including deadly Carla, he said.
In Lake Charles, Louisiana, one of the more weather-battered cities in the past decade, residents have noticed how quiet the hurricane season is so far and it’s almost “testing fate” to bring it up, Mayor Nic Hunter said. From August 2020 to August 2021, the city was hammered by two hurricanes — Laura and Delta — only six weeks apart, a deep freeze and spring flooding. Residents still have blue tarps on their roofs.
“I think there’s a lot of knocking on wood. There’s a lot of prayers,” Hunter said. “Until the season is over, I don’t think anybody’s going to have any sighs of relief.”
Certainly not 74-year-old Shirley Verdin, who lives about 200 miles (320 kilometers) away in Bayou Point-Au-Chien, where Hurricane Ida ripped through on Aug. 29 last year. She now lives in a Federal Emergency Management Agency trailer next to her gutted home that will be demolished down to the pilings this weekend so it can be rebuilt.
There are wisps of potential storm systems swirling in the Atlantic that meteorologists are following and so is Verdin. Closely.
“I know there’s something out there right now,” she said.
The National Hurricane Center is watching three thunderstorm systems in the Atlantic and gives them all at least a 50% chance of becoming a named tropical storm, with one of them a likely sounding 80%. But Colorado State’s Klotzbach has seen this before this year and isn’t counting on them.
Just late last week, the computer forecast models predicted three maybe four storms forming, including one becoming a major hurricane with winds of more than 110 mph (177 km/h), Klotzbach said.
Then nothing.
For the past month and a half, thunderstorms that could be seeds of hurricanes power off Africa looking strong enough “but then they encounter a lot of dry air that’s just sitting over the Atlantic,” University of Albany atmospheric scientist Kristen Corbosiero said. “The dry air has really been the main thing that’s been stopping storms from really getting going.”
Relative humidity is about 15% below normal and there’s been Saharan dust in there making it drier, McNoldy and Klotzbach said.
The dry air does a couple things, Corbosiero said. Those thunderstorms become more potent and get their energy as warm moist air rises off the ocean. The ocean is warm enough, but the dry air causes that water to evaporate, cool and go down, not up, she said.
That dry air also helps create cross winds about 2 miles up (3 to 4 kilometers) “that can really do damage to a storm trying to form,” Corbosiero said.
Matthew Rosencrans, the National Oceanic and Atmospheric Administration’s lead hurricane outlook forecaster, said he sees signs that the dry air is ending and normal moisture will be returning, which could mean more storms. Rosencrans also says crosswinds at other heights, especially in the Caribbean and Gulf of Mexico also were a factor in dampening storm activity until now.
Other factors include a patch of sinking air over the Atlantic, a poorly located high pressure system also connected to the European heat wave and dust, the scientists said.
It’s been weird in the tropics, too, but in a different way, Klotzbach said. Before this year, the north Indian Ocean has had only one named storm in August; this year there are two, he said. And in the Pacific, Supertyphoon Hinnamnor is not only the most powerful storm on Earth this year, but it’s moving southwest when these type storms usually move west to east, Klotzbach said.
“There’s some odd stuff going on,” Klotzbach said.
But in the Atlantic nothing’s really going on and victims of past years’ storms don’t want to jinx it.
“Wouldn’t it be wonderful?” Louisiana resident Thomas Halko asked about whether the so-far quiet hurricane season will continue. Halko lives in southeastern Louisiana’s Jefferson Parish, in an area hammered by Hurricane Ida last year. A house on his property shifted clear off its foundation and had to be demolished.
“We made it through the week and it looks like we’re in relatively good shape for the next five days or so,” he said of the upcoming weather report.
But it’s hard to appreciate the quiet when he feels a “nervous anticipation of doom” thinking about the ongoing hurricane season.
“There is this foreboding that really won’t go away,” he said.
Hurricane season peaks around Sept. 10 and stretches through Nov. 30.
“It is important to remember the lessons of Hurricane Andrew, which devastated South Florida and Louisiana in an otherwise quiet year,” National Hurricane Center acting Director Jamie Rhome said in an email. “It only takes one landfalling hurricane to make it a bad season for you, and we still have many months to go in the hurricane season.”
___
Borenstein reported from Washington.
Follow Santana on Twitter at @ruskygal and Borenstein on Twitter at @borenbears.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wvva.com/2022/09/01/atlantic-hurricane-season-oddly-quiet-despite-forecasts/ | 2022-09-01T04:47:04Z |
LITTLE AMERICA – A traveler’s retreat, tucked away off of I-80 in southwest Wyoming, has been accommodating millions of visitors since 1952.
Representatives from Little America hosted a ribbon-cutting ceremony on Tuesday, Aug. 30 to celebrate the opening of its new RV Park, located off I-80 near Green River and Rock Springs.
Tony O’Brien, Little America’s Wyoming area manager traveled from Cheyenne to kick off the celebration with Spencer Riggs, Little America Wyoming’s general manager, among others including the Mayor of Green River, Pete Rust, Green River Chamber of Commerce and Jenissa Meridith, CEO of Sweetwater County Travel and Tourism to formally open the park.
“We’re very excited to add another amenity to Sweetwater County and provide something else people can do as a destination in Little America,” said Tony O’Brien, area manager for Little America Hotel and Resorts.
The RV Park in Little America has 42 spacious sites. Each RV site has a picnic table. The premiere back-in RV spaces have private fire pits with an extended seating area. A new basketball court is on-site as well. Next to the basketball court is a sandbox for children, an area for cornhole and a community fire-pit.
About a dozen unused hotel rooms have been converted to changing/shower rooms, which are open 24 hours a day.
Riggs was “very instrumental in adding the amenities,” according to O’Brien.
Riggs has been with Little America for 15 years.
“Every year, we discussed having an RV park and every year, it was pushed back but in the past year, we got serious about it and now it’s here,” said Riggs.
“We have so many high-end facilities in the same place, making this an ideal getaway,” O’Brien pointed out. “We’re not stopping yet. We’re going to keep upgrading and making this better over the years.”
Riggs said that there was a need for an RV park at Little America after seeing so many RV’s driving down the interstate.
“The RV parks are packed,” Riggs noted. “We’re here to serve people and that’s the kind of service we want to provide.
“We got a lot done this year and we’re heading to bigger and better times. The future of Little America is only progressing.”
Riggs mentioned that when they closed the original restaurant, residents in Sweetwater County were worried about the future of Little America.
“People asked if we were closing and I said, ‘Absolutely not.’ This is the beginning of a strong future for this area, both for the travelers and the locals.”
Riggs added, “The restaurant is open. Little America is back and it’s better than it’s been.”
“The cool thing about Sweetwater County is it’s a gateway to all the other areas in Wyoming,” O’Brien said. “We can be a one-stop shop for over-the-road travelers and we’re a good ‘jumping off point’ to all kinds of activities.”
Riggs shared some history about Little America, which is known to most Southwest Wyoming natives, during his speech.
Stephen Mack Covey was a young sheepherder in the 1890s.
One January night, he got lost in the middle of a raging blizzard and had to stay in an unnamed area, which is now known as Little America.
With 50-mile-an-hour winds and the temperature dropping to below 40, Covey wished he was sitting next to a fireplace with food and blankets.
Years later, he saw pictures of Admiral Richard Byrd’s “Little America” in Antartica. Byrd’s isolation reminded Covey of that cold night. It was then he wanted to build Little America in 1934. It started out as a small gas station with a motel and a café.
“It’s truly a historic day here in Little America,” Riggs said of the RV park. “This has been a long time coming. Tradition of service is what we are. Since the 1930s, this company has grown into such a large, incredible thing, offering world-class properties, the best meals and the best rooms anywhere in the world.”
Daniel Ramirez, maintenance manager of Little America, hired Wyoming contractors to add the new amenities to the property.
“It’s important to keep it local,” said Ramirez. “It’s a good step in the right direction.
“It’s going to benefit the property for many years to come.” | https://www.wyomingnews.com/rocketminer/little-america-is-only-progressing-sweetwater-county-celebrates-new-rv-park/article_6cb5ef14-29a3-11ed-968f-0f047adc258e.html | 2022-09-01T04:48:28Z |
Atlantic hurricane season oddly quiet despite forecasts
NEW ORLEANS (AP) - It’s been quiet — too quiet — this Atlantic hurricane season, meteorologists and residents of storm-prone areas whisper almost as if not to tempt fate.
A record-tying inactive August is drawing to a close and no storms have formed, even though it is peak hurricane season and all experts’ pre-season forecasts warned of an above normal season. Nearly all the factors that meteorologists look for in a busy season are there.
Warm ocean water for fuel? Check.
Not a lot of wind shear that decapitates storms? Check.
La Nina, the natural cooling of the central Pacific that changes weather patterns worldwide and increases Atlantic storm activity? Check.
Yet zero storms formed. Surprised experts point to unusual persistent dry air and a few other factors. But each time they and computer simulations think something is brewing, nothing comes of it.
“It has been surprisingly and freakishly quiet in the Atlantic,” University of Miami hurricane researcher Brian McNoldy said, pointing out that weak Tropical Storm Colin fizzled out on July 2 and there’s been nothing since.
It’ll be the first time since 1941 that the Atlantic has gone from July 3 to the end of August with no named storm, Colorado State University hurricane researcher Phil Klotzbach said. Since 1950, only 1997 and 1961 had no named storms in August and 1961 then went hyperactive in September, including deadly Carla, he said.
In Lake Charles, Louisiana, one of the more weather-battered cities in the past decade, residents have noticed how quiet the hurricane season is so far and it’s almost “testing fate” to bring it up, Mayor Nic Hunter said. From August 2020 to August 2021, the city was hammered by two hurricanes — Laura and Delta — only six weeks apart, a deep freeze and spring flooding. Residents still have blue tarps on their roofs.
“I think there’s a lot of knocking on wood. There’s a lot of prayers,” Hunter said. “Until the season is over, I don’t think anybody’s going to have any sighs of relief.”
Certainly not 74-year-old Shirley Verdin, who lives about 200 miles (320 kilometers) away in Bayou Point-Au-Chien, where Hurricane Ida ripped through on Aug. 29 last year. She now lives in a Federal Emergency Management Agency trailer next to her gutted home that will be demolished down to the pilings this weekend so it can be rebuilt.
There are wisps of potential storm systems swirling in the Atlantic that meteorologists are following and so is Verdin. Closely.
“I know there’s something out there right now,” she said.
The National Hurricane Center is watching three thunderstorm systems in the Atlantic and gives them all at least a 50% chance of becoming a named tropical storm, with one of them a likely sounding 80%. But Colorado State’s Klotzbach has seen this before this year and isn’t counting on them.
Just late last week, the computer forecast models predicted three maybe four storms forming, including one becoming a major hurricane with winds of more than 110 mph (177 km/h), Klotzbach said.
Then nothing.
For the past month and a half, thunderstorms that could be seeds of hurricanes power off Africa looking strong enough “but then they encounter a lot of dry air that’s just sitting over the Atlantic,” University of Albany atmospheric scientist Kristen Corbosiero said. “The dry air has really been the main thing that’s been stopping storms from really getting going.”
Relative humidity is about 15% below normal and there’s been Saharan dust in there making it drier, McNoldy and Klotzbach said.
The dry air does a couple things, Corbosiero said. Those thunderstorms become more potent and get their energy as warm moist air rises off the ocean. The ocean is warm enough, but the dry air causes that water to evaporate, cool and go down, not up, she said.
That dry air also helps create cross winds about 2 miles up (3 to 4 kilometers) “that can really do damage to a storm trying to form,” Corbosiero said.
Matthew Rosencrans, the National Oceanic and Atmospheric Administration’s lead hurricane outlook forecaster, said he sees signs that the dry air is ending and normal moisture will be returning, which could mean more storms. Rosencrans also says crosswinds at other heights, especially in the Caribbean and Gulf of Mexico also were a factor in dampening storm activity until now.
Other factors include a patch of sinking air over the Atlantic, a poorly located high pressure system also connected to the European heat wave and dust, the scientists said.
It’s been weird in the tropics, too, but in a different way, Klotzbach said. Before this year, the north Indian Ocean has had only one named storm in August; this year there are two, he said. And in the Pacific, Supertyphoon Hinnamnor is not only the most powerful storm on Earth this year, but it’s moving southwest when these type storms usually move west to east, Klotzbach said.
“There’s some odd stuff going on,” Klotzbach said.
But in the Atlantic nothing’s really going on and victims of past years’ storms don’t want to jinx it.
“Wouldn’t it be wonderful?” Louisiana resident Thomas Halko asked about whether the so-far quiet hurricane season will continue. Halko lives in southeastern Louisiana’s Jefferson Parish, in an area hammered by Hurricane Ida last year. A house on his property shifted clear off its foundation and had to be demolished.
“We made it through the week and it looks like we’re in relatively good shape for the next five days or so,” he said of the upcoming weather report.
But it’s hard to appreciate the quiet when he feels a “nervous anticipation of doom” thinking about the ongoing hurricane season.
“There is this foreboding that really won’t go away,” he said.
Hurricane season peaks around Sept. 10 and stretches through Nov. 30.
“It is important to remember the lessons of Hurricane Andrew, which devastated South Florida and Louisiana in an otherwise quiet year,” National Hurricane Center acting Director Jamie Rhome said in an email. “It only takes one landfalling hurricane to make it a bad season for you, and we still have many months to go in the hurricane season.”
___
Borenstein reported from Washington.
Follow Santana on Twitter at @ruskygal and Borenstein on Twitter at @borenbears.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/09/01/atlantic-hurricane-season-oddly-quiet-despite-forecasts/ | 2022-09-01T04:50:36Z |
Harrisonburg P.D. gearing up for busy weekend
HARRISONBURG, Va. (WHSV) - A busy weekend in Harrisonburg is coming up as not only is it Labor Day weekend, but also, Saturday marks JMU’s first home football game as an FBS team.
Combine that with the first weeks of the college semester, and police will have their hands full. The Harrisonburg Police Department though is not worried.
Lieutenant Charles Grubbs of the Harrisonburg Police Department said they have always had a plan in place for when JMU students return for school. Grubbs said, one of the things they try and do is educate students on any law or ordinance changes.
“We always expect it to be more traffic and more pedestrian traffic especially when there is game day, but we are always prepared for that. We have our traffic units. James Madison always prepares an operational plan for the game and then we have our extra detail units start coming in at 3 pm on Friday and Saturday,” said Grubbs.
Grubbs also said Rockingham County and Virginia State Police are also involved in game days.
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/09/01/harrisonburg-pd-gearing-up-busy-weekend/ | 2022-09-01T04:50:36Z |
HONOLULU-HI (KITV-4) The Hawaiʻi Abortion Collective and State legislators held a press conference on Wednesday, August 31, 2022 at the Hawaiʻi State Capitol to launch the first official abortion guide for Hawaiʻi. In the wake of the reversal of Roe v. Wade, the group hopes to make access to abortion across Hawaiʻi a reality for all.
And an organizer says she personally needed the guide so she could get an abortion.
HONOLULU (KITV-4) The Hawaiʻi Abortion Collective and state legislators held a press conference on Wednesday, August 31, 2022 at the Hawaiʻi State Capitol to launch the first official abortion guide for Hawaiʻi. In the wake of the reversal of Roe v. Wade, the group hopes to make access to abortion across Hawaiʻi a reality for all.
And an organizer says she personally needed the guide so she could get an abortion.
Khara Jabola-Carolus has been helping women for more than 10 years as the Executive Director of the State Commission on Status of Women. When Jabola-Carolus discovered she needed to get an abortion about a week ago, she realized the stark lack of resources.
"When I found out that I needed to have an abortion I didn’t know much about how to get one," says Jabola-Carolus. "When you find out you are pregnant, and need an abortion -- its one of the hardest moments of your life. And what makes it so hard, you feel so lonely. Because we’re not supposed to talk about it. There’s no one you can run to and tell you it will be ok. But finally Hawaii has created a place like that and that is what this guide is about. And if I helped me so much I can’t imagine how much comfort it’s going to bring to women and girls across the islands. “
Faith leaders also joined to end the social stigma of abortion access. Rev Malia Galindo, United Church of Christ says, “I am a Christian and I support abortion rights. Accessing life saving health care is not a sin.”
"What we are hearing from healthcare providers is panic and confusion in our community," says Rep. Linda Ichiyama (D).
Many of the questions people have: "What is a woman’s legal rights in Hawaii? How do I access reproductive health care and what does that mean in terms of cost transportation and child care? And this guide is an all in one access in one place so that people people can readily find this information. And make an informed decision.”
Dr. Tracy Chen, Queen’s Medical Center, “That is why we will fight to keep abortion legal and safe in Hawaii we hope that this guide put together by the Hawaii Abortion Collective helps combat the misinformation that is so prevalent online and in the community so that everyone knows that abortion in Hawaii is legal safe and available.
Representative Ichiyama says lawmakers will work on possible protective orders that might be necessary if local health care providers are asked to treat out of state patients.
Cynthia is an award-winning journalist who returned to Hawaii as an Anchor/Reporter/MMJ from Houston. She is a graduate of the University of Hawaii with a B.A. and M.B.A. DM her on IG @CynthiaYipTV to share stories. | https://www.kitv.com/news/local/activists-and-religious-leaders-help-with-resources-support-for-hawaii-abortion-guide/article_332b9e8c-29ae-11ed-b547-4f363ce6bffa.html | 2022-09-01T04:53:22Z |
Aged man holding his wifes hands in bed on white bed sheet. Hands of old man with wrist watch holding old womans hands. || Model approval available Photo by: Milla Antlers/picture-alliance/dpa/AP Images
Maui residents are invited to complete surveys regarding those who provide elderly care, care for those disabilities, and aging care.
One survey is for individuals over the age of 55 living in Maui, both current and part-time residents.
A second survey is for caregivers, who care for those over the age of 55 (currently or within the past 6 months), or provide care to disabled adults 18+, or a grandparent raising a grandchild.
Public input is being sought by the Maui County Office on Aging, and the online surveys will be available from September 1 through December 1, 2022.
All responses to the surveys will remain anonymous.
County and state survey data will help with the development of statewide plans -- as well as Maui County’s Area Plan on Aging regarding federal funding from Oct. 1, 2023 through Sept. 30, 2027. These plans address issues as described in the Older Americans Act and helps those who are the most in need, socially and financially.
For questions about these surveys, the Maui County 4-Year Area Plan on Aging, or to request printed copies of the survey, contact James Mariano at (808) 270-7349. | https://www.kitv.com/news/local/maui-county-residents-and-caregivers-invited-to-complete-surveys-on-elderly-and-aging-care-experiences/article_9a8f65ca-29ab-11ed-a822-2f784cb7e268.html | 2022-09-01T04:53:28Z |
Since moving away from Oahu last month, four-year-old Indy Rose Wyatt has had unexplained seizures every two weeks.
She's also had to take more medicine for her thyroid condition her mother says she never had before drinking the contaminated water.
Since moving away from Oahu last month, four-year-old Indy Rose Wyatt has had unexplained seizures every two weeks.
She's also had to take more medicine for her thyroid condition her mother says she never had before drinking the contaminated water.
"One of the scariest things is that so many people are having so many neurological issues and they don't know how to help us," said Indy's mother, Ariana. "It's sad, it's not fair. So I'm hoping the Navy takes accountability." >
The young girl is among the dozen people listed in a federal lawsuit detailing health problems -- including seizures, gastrointestinal disorders and neurological issues.
It's the first lawsuit against the U.S. government by four military families claiming they've suffered severe health problems after being poisoned from the Navy's Red Hill water system.
"This completely changed the course of our life, she's four and she started preschool here and it's so hard to like watch the other little kids play and I have to go check her out of school to go get blood draws done," she said.
The attorneys for the families say the government made the suffering worse by first denying -- and then dismissing -- the health concerns.
"It's one thing to cause the contamination that poisoned people, but it's another thing to look at sick families and say, 'you're not sick,'" said Kristina Baehr, attorney for the plaintiffs. "And that is what the Navy continues to do today. They continue to say that there is no long-term health consequences from the exposure. That's not true."
The Navy admits jet fuel leaked from its Red Hill storage facility and pledged to defuel Red Hill by the end of 2024. But Hawaii officials say that's too long because the fuel is putting Oahu's entire water system at risk.
The Navy released a statement saying in part, "Nothing is more important than the health, safety, and well-being of our people, their families and our community neighbors."
But for Wyatt, she worries every day about the consequences of drinking the water as little Indy Rose's health deteriorates.
"It's absolutely ... terrifying, it's terrifying," she said.
The military families want compensation for their illnesses and disruption to their lives. Hundreds of additional claims are expected to be added to the lawsuit in the future.
Produced in partnership with the Economic Hardship Reporting Project.
Reporter
Kristen joined KITV4 in March 2021 after working for the past two decades as a newspaper reporter. Kristen's goal is to produce meaningful journalism that educates, enlightens and inspires to affect positive change in society.
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An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. | https://www.kitv.com/news/military-families-file-federal-lawsuit-over-navys-red-hill-water-crisis/article_a56b379a-29a5-11ed-8d15-4f0dd39cea47.html | 2022-09-01T04:53:34Z |
VIDEO: Mom with kids attacked while walking into grocery store
NORTH LAUDERDALE, Fla. (WPLG) - A Florida sheriff’s office released surveillance video after a mother with three children was violently attacked in an apparent robbery as she entered a grocery store.
Jessica Greer was walking with her three small children last Tuesday around 4:15 p.m. when she entered the Broward Meat and Fish Company in North Lauderdale. Authorities say that’s when a man attacked her, as seen in surveillance video.
“It was the worst thing a mother could experience: going to the store to get groceries for your kids and being attacked in broad daylight,” Greer said.
Greer fought back, believing the suspect wanted to take her 3-year-old daughter. The man ripped off the mother’s necklace, a fake gold chain, in the struggle.
“My belief was he wanted to take my daughter. You could have your chain, you can have anything else, but you can’t have my kids,” Greer said.
The video shows Greer’s son appearing to flag down another customer who had just walked into the store, as the robber flees the scene.
“That was my 8-year-old running to get some sort of help because I told him run and get help,” Greer said.
Authorities are asking for the public’s help in identifying the suspect. According to a spokeswoman with the Broward County Sheriff’s Office, he pulled into the parking lot of the shopping plaza in a light-colored Nissan.
He was then seen walking a short distance away from Greer and her children before he followed them into the grocery store and attacked the mother.
“At the end of the day, this man needs to be accountable for what he did to a mother in broad daylight. I would never wish this upon anybody. I’m shaking as I’m standing here,” Greer said.
Anyone with information is asked to call Crime Stoppers at 954-493-8477.
Copyright 2022 WPLG via CNN Newsource. All rights reserved. | https://www.wvva.com/2022/09/01/video-mom-with-kids-attacked-while-walking-into-grocery-store/ | 2022-09-01T06:18:20Z |
New Craft Brewery, Barbecue Restaurant to Open at The Odeon
NEW ORLEANS — The Domain Companies and Virginia-based Neighborhood Restaurant Group have announced plans to open Brewery Saint X and Devil Moon Barbecue this November in one large space at the corner of Girod and Loyola on the ground floor of The Odeon at South Market.
Brewery Saint X will feature a “full array of craft beer styles, focusing especially on classic German and British offerings, with a nod toward traditional lager brewing and cask ale production along with hop-forward ales and experimental sours,” according to a press release. Devil Moon Barbecue will take inspiration from all the iconic styles of American barbecue while blending in the smoked meat traditions native to south Louisiana. The two concepts will share a kitchen. New Orleans-based architecture firm Bell Butler designed both spaces.
Brewery Saint X is the brainchild of NRG Beverage Director/Partner Greg Engert and Founder and CEO Michael Babin.
“For years, Greg and I, our teams, and our families have been visiting New Orleans for work and for fun — it’s a city that I knew well from growing up in Baton Rouge and Greg was immediately attracted to the local beer scene,” said Babin. “I think we were 30 minutes into our first visit, on our second Sazerac, when we started to think of ways to create an exciting culinary concept and beverage offering here. We’re glad we finally figured it out.”
Ro Guenzel, director of brewing operations, designed a brewing program that allows for “decoction mashing, open fermentation, long lagering times and krausening for natural carbonation, all techniques that encourage flavor complexity coupled with remarkable drinkability.”
Both kitchens will be led by award-winning chef and pitmaster Shannon Bingham.
“With so many smoked meats to work with, Saint X’s patrons will benefit from the shared kitchen,” said Bingham, “and the menu will showcase ingredients through the lens of Southern, and specifically New Orleanian, cuisine, with the goal of providing the perfect counterpart for the beers, wines, and cocktails.”
The project is the first collaboration between NRG and Domain, a developer and operator of mixed-use properties in downtown New Orleans. Domain also developed and operates Bar Marilou, Josephine Estelle and Seaworthy.
“We were instantly impressed by Michael and his team. Their restaurants are simply incredible, and their team is among the best in the industry,” said Domain CEO Matt Schwartz”.
Bingham and the Devil Moon team will host pop-ups in the parking lot directly adjacent to The Odeon on Saints game days and during other special events. The debut pop-up on Sept. 4 will coincide with LSU’s first home game of the season. | https://www.bizneworleans.com/new-craft-brewery-barbecue-restaurant-to-open-at-the-odeon/ | 2022-09-01T06:20:26Z |
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