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Over the last few days, much of Wyoming has been blanketed with smokey skies from regional fires.
In some places like Pinedale and Lander, the smoke is so bad one can barley see the mountains. There is even an air quality alert for portions of southern and central Wyoming.
Lance VandenBoogart, a warning coordination meteorologist at the National Weather Service in Riverton, said much of the smoke is blowing in from wildfires in Idaho and Montana.
“We've been in a weather pattern recently where the air is fairly stagnant, a high pressure system, the air doesn't move around a lot,” he said. “We haven't had a lot of cold fronts to kind of clean out the air that has been sitting around.”
VandenBoogart said colder weather will likely come later this week, temporarily pushing out the smoke. But he added the smoke will likely return until regional fires are put out and there is heavier rainfall.
“I would be hesitant to say, ‘Hey don't worry about smoke anymore after this cold front,’” he said. “It's probably going to come back, but at least the air that we're currently kind of sitting in, that air is going to move off to the east and things will likely improve at least for a little bit.”
Wildfires in Idaho and Montana are both raging. The largest fire in Idaho is the Moose Fire, which is at more than 107,000 acres in size and has been burning since mid-July. The Ross Fork Fire in the Sawtooth National Forest is Idaho’s second largest fire at nearly 29,000 acres, and it is rapidly spreading. It has caused widespread evacuations and road closures in the area. In Montana, the largest wildfire is the Trail Ridge fire at 3,028 acres, located in the southwest part of the state.
Meanwhile in Wyoming, the wildfire season has been quite tame. The largest fire was the Fish Fire near Sundance at 6,793 acres, however, it is considered contained as of late August. VandenBoogart said a relatively wet summer has led to less fires.
“So this year, a lot of the West has had what we call monsoonal moisture, which would be moisture coming from the Pacific Ocean,” he said. “And it's led to widespread showers and thunderstorms at certain times during the summer. So, Wyoming, Utah and Colorado, a lot of those places, have less active fires than they would have otherwise.”
Most recently, a wildfire broke out near Lander on Tuesday, Sept. 6. The Washakie Fire is 300 acres in size and is considered 0 percent contained as of publication.
VandenBoogart warns that other larger fires could easily ignite in the state, as grasses have dried out and any open flames, such as campfires, could easily spread. | https://www.wyomingpublicmedia.org/natural-resources-energy/2022-09-07/smokey-skies-blanket-wyoming | 2022-09-07T19:58:03Z |
President Biden unveiled the official White House portraits of former President Barack Obama and first lady Michelle Obama on Wednesday — reviving a tradition set aside during the Trump era.
Copyright 2022 NPR
President Biden unveiled the official White House portraits of former President Barack Obama and first lady Michelle Obama on Wednesday — reviving a tradition set aside during the Trump era.
Copyright 2022 NPR | https://www.keranews.org/2022-09-07/biden-unveils-the-official-white-house-portraits-of-the-obamas | 2022-09-07T20:52:54Z |
Letter from the President
Welcome to the Q3 issue of REGION Magazine!
Greater New Orleans has never looked so promising for young people seeking a high-wage, high-demand career. It is a great time to be a job seeker. But the flip-side is that businesses need qualified workers. With this mind, GNO, Inc. has developed a range of demand-driven workforce programs. One of the programs that has had the most impact is our WISE Women (Women in the STEM Economy) initiative, that exposes some of the best and brightest female students in the region to the companies that hire STEM workers and to ensure they have the right training for these jobs.
In a continued focus on planning for the future, GNO, Inc. is happy to unveil NeuroNOLA, a group of over a dozen healthcare providers, education institutions, nonprofit organizations, and private companies who are united in a commitment to creating a hub for the research and treatment of neurodegenerative disease in New Orleans. We are going to make Greater New Orleans the “MD Anderson of Alzheimer’s.” The result will be thousands of lives improved, and jobs created.
Finally, we are looking ahead to the impact of “Web3” on our culture bearers and artists, and how these new technologies will allow the creativity generated from our community to take advantage of new income and distribution streams.
Thank you for your support,
Michael Hecht
GNO, Inc. President & CEO | https://www.bizneworleans.com/302137-2/ | 2022-09-07T20:52:54Z |
Supporters of Brazilian President Jair Bolsonaro are flocking to Rio's most famous beach to celebrate Independence day - and a military display with an ominous undertow ahead of next month's election.
Copyright 2022
Supporters of Brazilian President Jair Bolsonaro are flocking to Rio's most famous beach to celebrate Independence day - and a military display with an ominous undertow ahead of next month's election.
Copyright 2022 | https://www.keranews.org/2022-09-07/brazil-celebrates-independence-day-ahead-of-presidential-election | 2022-09-07T20:53:00Z |
ASAP Offers First LSU-Wide Student-Athlete NIL Deal
BATON ROUGE — ASAP, the Louisiana-based delivery app formerly named Waitr, has announced a new NIL (name, image and likeness) offer for all student-athletes at Louisiana State University. The offer spans all collegiate sports at the university as the fall schedule kicks off for men and women sports.
Under the proposal, every player at LSU who accepts the NIL deal will promote the newly rebranded delivery app on their social media accounts. The student-athletes will be compensated for orders created from their social media accounts.
ASAP will work with MatchPoint Connection, a leader in the NIL industry, to facilitate the prospective agreements with the athletes. NIL agreements allow college athletes to profit from their name, image and likeness.
“It’s important for ASAP to support local communities and student-athletes of all sports as they represent their school so well,” said Carl Grimstad, CEO and chairman of the board of ASAP, Inc. “It’s an honor for us to celebrate these young men and women who work hard every day to be the best in their chosen competitive arenas.”
“The goal of NILSU is for all of our student-athletes to sustainably and responsibly maximize their opportunities in the name, image, and likeness space. We will continue to use NIL deals to facilitate their holistic growth, through increased education, branding, and opportunity,” said Scott Woodward, LSU athletic director. “We are grateful for this opportunity extended to all of our student-athletes by ASAP and for the continued support of the entire community in this new and evolving landscape.”
The new offers are the latest NIL agreements the company has made with college athletes. ASAP partnered with former LSU football star Derek Stingley Jr. and Alabama star Christian Harris. The company has also partnered with several college baseball players.
“MatchPoint is proud to work with ASAP on a campaign that embodies NIL for all and provides a direct way for every fan to support LSU athletes. We have facilitated NIL deals for hundreds of LSU athletes since July 2021, so we are prepared to deliver the support needed to execute at such a large scale,” said Krystal Faircloth, MatchPoint Connection chief brand officer.
ASAP will have a strong presence for LSU sporting events this year as ASAP is the “Official Mobile Ordering Partner of LSU Athletics.” In addition, ASAP is sponsoring Coach Brian Kelly’s weekly press conference. | https://www.bizneworleans.com/asap-offers-first-lsu-wide-student-athlete-nil-deal/ | 2022-09-07T20:53:00Z |
NPR's Ailsa Chang speaks with Jan Smutny-Jones, CEO of the Independent Energy Producers Association, about how California's record heat wave nearly broke the state's power grid.
Copyright 2022 NPR
NPR's Ailsa Chang speaks with Jan Smutny-Jones, CEO of the Independent Energy Producers Association, about how California's record heat wave nearly broke the state's power grid.
Copyright 2022 NPR | https://www.keranews.org/2022-09-07/californias-record-heat-wave-put-so-much-stress-on-the-power-grid-it-nearly-broke | 2022-09-07T20:53:06Z |
DeCuir and Brown Launch Advantous Law in Baton Rouge
BATON ROUGE – Advantous Law is a new, Louisiana-based law firm with a specific focus on state and local tax (SALT) matters. The firm is being launched by Jason M. DeCuir and Jason R. Brown, two SALT practitioners with more than 40 years of legal tax practice between them.
“With this launch, we are filling a niche for businesses in need of knowledgeable, experienced tax attorneys able to manage highly technical cases from administrative appeals to the Supreme Court,” said DeCuir. “Joining forces with Jason Brown, who is widely considered one of the region’s top SALT lawyers, will immediately establish Advantous Law as the go-to state and local tax firm that will deliver results for its clients.”
DeCuir previously served as a principal at a global tax services firm as well as chief of staff, assistant secretary and executive counsel at the Louisiana Department of Revenue. In those roles and others, he spearheaded many of the state’s recent tax reform efforts.
Brown, who will serve as the firm’s managing partner and head of its tax controversy, disputes and appeals practice, has more than two decades of experience representing businesses of all types, from Fortune 500 companies to homegrown retailers and grocers, in all types of SALT matters. He was previously a partner in a regional multi-practice law firm where he focused on SALT controversy, including complex litigation before state tax tribunals and courts.
“I am thrilled to help launch Advantous Law and to continue serving clients in this highly-specialized practice area,” said Brown. “The state and local tax landscape in Louisiana and across the country is constantly changing,” he continued, “often faster than companies are able to absorb in real time. Our firm’s singular focus is state and local tax; and as a firm that exclusively handles SALT matters, we are able to provide the focused, real-time approach our clients deserve.”
Joining DeCuir and Brown as senior associate is Kristian A. Gerrets. Gerrets has extensive experience in the SALT arena, including his work at two of the world’s leading accounting firms and representing clients in controversy matters at the administrative level and before the Louisiana Board of Tax Appeals.
On Sept. 15-16, Advantous Consulting and Advantous Law will co-sponsor a tax seminar at the LABI Center for Free Enterprise in Baton Rouge. The seminar will feature a day and a half of sessions dedicated to trending areas of state and local tax issues in Louisiana and surrounding states. Join Advantous to gain insight from notable tax experts from around the country. | https://www.bizneworleans.com/decuir-and-brown-launch-advantous-law-in-baton-rouge/ | 2022-09-07T20:53:07Z |
NPR's Ari Shapiro speaks with Alex Gibson of the Kentucky-based arts and media organization Appalshop, about how recent floods affected their archives of Appalachian music, film and heritage items.
Copyright 2022 NPR
NPR's Ari Shapiro speaks with Alex Gibson of the Kentucky-based arts and media organization Appalshop, about how recent floods affected their archives of Appalachian music, film and heritage items.
Copyright 2022 NPR | https://www.keranews.org/2022-09-07/east-kentuckys-cultural-cornerstone-is-trying-to-salvage-its-archives-after-floods | 2022-09-07T20:53:13Z |
Dickson Griswold Joins CAPTRUST
NEW ORLEANS — Dickson Griswold, formerly of Frontier Wealth Management, is now a senior wealth advisor in the New Orleans office of CAPTRUST Financial Advisors. Headquartered in Raleigh, N.C., CAPTRUST is one of the largest independent retirement plan and investment advisory firms in the country. | https://www.bizneworleans.com/dickson-griswold-joins-captrust/ | 2022-09-07T20:53:13Z |
FX's new original series for Hulu, The Patient, features Steve Carell as Alan Strauss, a therapist kidnapped by a new patient who turns out to be a serial killer.
Copyright 2022 NPR
FX's new original series for Hulu, The Patient, features Steve Carell as Alan Strauss, a therapist kidnapped by a new patient who turns out to be a serial killer.
Copyright 2022 NPR | https://www.keranews.org/2022-09-07/encore-a-review-of-hulus-new-series-the-patient-that-stars-steve-carell | 2022-09-07T20:53:19Z |
Felipe’s Taqueria Hosts Annual Fiesta Fest on Mexican Independence Day
NEW ORLEANS — All locations of Felipe’s Mexican Taqueria will host Fiesta Fest on Sept. 16 in celebration of the cultural observance of Mexican Independence Day. The festivities will include food, music and entertainment. Fiesta Fest commemorates the independence of Mexican and Central American countries, many of which celebrate their national sovereignty in September during National Hispanic Heritage month. “New Orleans has a long history of influence and exchange with Latin American culture, which is why the Felipe’s team continues to honor that relationship with our authentic cuisine and recipes, influenced by several regions of Mexico and Central America. Many of our team members are from this region and Fiesta Fest is an event that we put on with pride to celebrate the new generations of Latinos who call New Orleans home,” said Milton Orellana, culinary manager for Felipe’s New Orleans locations. | https://www.bizneworleans.com/felipes-taqueria-hosts-annual-fiesta-fest-on-mexican-independence-day/ | 2022-09-07T20:53:19Z |
NPR's Ari Shapiro speaks with Environmental Protection Agency Administrator Michael Regan about the ongoing water crisis in Jackson, Miss. The city has now gone 39 days without safe drinking water.
Copyright 2022 NPR
NPR's Ari Shapiro speaks with Environmental Protection Agency Administrator Michael Regan about the ongoing water crisis in Jackson, Miss. The city has now gone 39 days without safe drinking water.
Copyright 2022 NPR | https://www.keranews.org/2022-09-07/epa-administrator-says-its-all-hands-on-deck-in-jackson-miss | 2022-09-07T20:53:25Z |
Foundation for Louisiana Names Charmel Gaulden President and CEO
BATON ROUGE — Charmel Gaulden is the new president and CEO at the Foundation for Louisiana.
“As we look towards the future, we are so excited to continue on the path towards liberation under the guidance of the foundation’s new CEO and President Charmel Gaulden,” wrote a spokesperson for the nonprofit’s board in a press release. “Charmel’s visionary leadership, deep knowledge and varied experience have already led to increased organizational capacity and improved outcomes during her time as the foundation’s chief operating officer. She brings more than 15 years of philanthropic leadership, nonprofit administration, program design, and strategic advocacy to her new role. Charmel is known across the region for her innovative grantmaking and leadership in criminal legal system reform. As a civil rights attorney, she achieved landmark wins around fair housing and support for survivors of domestic violence and continues to act as a talented convenor across sectors.”
Foundation for Louisiana is a social justice philanthropic intermediary founded in 2005 as the Louisiana Disaster Recovery Foundation to invest in the immediate recovery of Louisiana’s communities after Hurricane Katrina. | https://www.bizneworleans.com/foundation-for-louisiana-names-charmel-gaulden-president-and-ceo/ | 2022-09-07T20:53:25Z |
Steve Bannon, a former senior political aide to President Donald Trump, is expected to turn himself into authorities in New York state on Thursday, according to a person familiar with the case.
Bannon will face state charges that he committed fraud by improperly diverting funds donated to an organization called "We Build The Wall."
The charity, launched in 2018, raised more than $25 million after promising to help build a wall on the U.S.-Mexico border to curb illegal immigration.
In a statement Tuesday night, Bannon described the state-level prosecution as a part of a wider "weaponization of the criminal justice system" against conservatives.
The office of Manhattan district attorney Alvin Bragg didn't respond Wednesday to NPR's request for comment.
Bannon previously faced federal charges linked to his involvement with the charity.
In August 2020, a Justice Department probe alleged he helped orchestrate "a scheme to defraud hundreds of thousands of donors" including some in New York state.
The DOJ contended Bannon diverted "hundreds of thousands of dollars" to pay for personal expenses. He and others are accused of lying to contributors and then creating sham invoices and accounts to "cover up their crimes."
Bannon pleaded not guilty to the charges on Aug. 20, 2020, after being arrested on a yacht off the Connecticut coast.
Five months later, in one of his final acts before leaving office, Trump pardoned Bannon, praising him in a statement as "an important leader in the conservative movement."
That pardon blocked federal charges relating to the Build The Wall Charity, but Manhattan's district attorney soon launched a separate state-level probe of Bannon's activities.
Bannon was a top adviser to Trump during his 2016 presidential campaign. He later served as a political strategist in the White House.
He now hosts a right-wing podcast called War Room that often broadcasts and amplifies conspiracy theories.
In his Tuesday night statement, Bannon claimed the criminal charges are part of an effort to silence him ahead of the midterm election.
"I have not yet begun to fight," Bannon said. "They will have to kill me first."
Two other prominent conservatives involved in the Build The Wall charity were not pardoned by Trump.
In April, Brian Kolfage and Andew Badolato pleaded guilty to one charge each of conspiracy to commit wire fraud for their roles in the organization.
Kolfage also pled guilty to separate tax and wire fraud charges.
In a separate case, a federal jury found Bannon guilty in July on two counts of criminal contempt of Congress for not complying with a subpoena to testify in connection with the Jan. 6, 2021 attack on the U.S. Capitol.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.keranews.org/2022-09-07/facing-state-fraud-charges-in-n-y-bannon-is-expected-to-turn-himself-in-thursday | 2022-09-07T20:53:31Z |
Gulf South Index: Social Media, Streaming Content Continue to Ascend
NEW ORLEANS — From the Gulf South Index, produced by the Ehrhardt Group and Causeway Solutions:
As screen time rises, Americans are more dependent than ever on our media to keep us company, but this online dependency can have real-world consequences.
What are we spending our time on?
In 2022, screens and social media dominate most Americans’ time, regardless of age. While certain platforms like streaming services seem to entice all generations, some platforms, such as TikTok, have a stronger grasp on specific age groups.
In July, Nielsen reported that streaming was not only at an all-time high but finally surpassed cable’s viewer numbers for the first time ever. For the past four months, streaming has beat its own record highs, and with a decrease in sports programming and the release of popular streaming shows such as ‘Stranger Things’ this past month, streaming has finally usurped cable.
This increased streaming and TV viewership is strong for all ages, but specifically those 75+ are spending almost five hours a day watching TV, while 35-44-year-olds use 2.1 hours of their limited leisure time to catch up on their shows, according to the US Bureau of Labor and Statistics. Teenagers spend a little bit less time than the 35 to 44’s at just two hours, but with significantly more leisure time in the day, the younger generations are focusing their free time on different platforms.
However, this increase in streaming popularity has not seemed to hurt the popularity of local news media. People still seem to trust both local news networks and family and friends more as their main source of information. A poll by NBC showed that young college students put more trust in their local connections. As reported in our 2022 Gulf South Index from the Ehrhardt Group and Causeway Solutions, the people of the Gulf South’s trust in local news is even more important than that of family and friends – with 48% trusting local news networks and 37% trusting family and friends.
“In a time when people are engaging with so much media, they want something they can trust,” said Marc Ehrhardt, president of the Ehrhardt Group. “Local media feels more familiar.”
Who do we spend our time with?
Who we spend most of our day with changes over time, according to the American Time Use Survey. For teens, most of their hours are spent with family and friends. Young parents in their late twenties or early thirties spend the most time with their children and their partners. Coworkers also make up for a lot of the day for those between 20 and 50.
It also comes as no surprise that time spent alone remains on a steady incline all through life, with over 400 minutes per day spent alone for 80-year-olds. After retirement, raising children, and even losing relatives and friends, over half of the day is spent alone on average.
However, it may come as a surprise that Americans in their late thirties to early forties have the least amount of time to themselves and spend most of their time with a mix of children, friends, family and coworkers. A study done by the US Bureau of Labor and Statistics determined 35-to-44-year-olds have the least time to themselves at just under four hours a day.
Privacy and societal concerns.
The fear of data breach and personal information being shared is real. Many social media platforms rely on data-heavy algorithms to show users what they want to see, and those users are worried about what that means for them. 77% of those in the Gulf South reported concerns about how companies are using the data collected about them. A recent study by Pew Research Center on the Future of Digital Spaces also found that 18 percent of participants believe digital spaces are evolving negatively.
This fear is no surprise with social media’s rapid growth, especially with the emergence of apps like TikTok, a China-based short-video viewing app that is increasingly popular, especially among young people. The app was released in the U.S. in 2018, and in only four years they have taken over the social media scene, with Pew reporting over 67% of teens using the app and 16% being on it constantly. In general, TikTok users spend 25.7 hours a month scrolling the app, over nine hours more than Facebook users.
Many are concerned about TikTok’s rise in America, as the app developers are currently allowed to use viewers data for whatever they want, and the platform can also be a serious source of spreading misinformation to thousands of people at once.
The worries of social media’s impact are larger than outside threats. Specifically at risk seem to be young people. Pew shows 97% of teens using the internet daily in 2022. 44% report feeling “persistent feelings of sadness or hopelessness” according to the CDC. 67% of college-age students report dealing with persistent anxiety and 46% report similar feelings of depression, according to the NBC Poll. As exposure to media increases exposure to harsh world events, and the endless scrolling of social media allows for constant social comparison, our teens are facing the brunt of the media craze.
How we spend our time matters. As we think about how we receive, process and share information, it’s more important than ever to consider what we’re spending time on and who we spend it with. Those people closest to us have great influence over who we trust and the information we receive. | https://www.bizneworleans.com/gulf-south-index-social-media-streaming-content-continue-to-ascend/ | 2022-09-07T20:53:31Z |
RELATIONSHIPS. RELEVANCE. RESULTS.
Greater New Orleans, Inc. (GNO, Inc.) is the economic development nonprofit for the 10-parish region of southeast Louisiana.
GNO, Inc. is built on a simple but broad mission: To create a region with a thriving economy and excellent quality of life for everyone.
The key is GNO, Inc.’s two-pronged approach to economic growth: by focusing on business development, the alliance aims to attract, retain and develop businesses that will employ our future workforce, propelling our economy forward and upward. This initiative is coupled with a concurrent nurturing of the business environment: by proposing, promoting and facilitating policies that improve conditions for business operations, GNO, Inc. ensures that businesses and corporate leaders are positioned for long-lasting success.
For GNO, Inc., it is not enough to simply serve the community: we must also be a part of it. Real influence and significant change starts from within, and the alliance’s presence in the community is evident and expanding. Working together with the business community, regional stakeholders and all levels of government allows GNO, Inc. to coordinate, consolidate and catalyze action on key issues and opportunities, effectively maximizing job and wealth creation and creating systemic impact.
From workforce development and coastal stabilization to fiscal and criminal justice reform, GNO, Inc. is driven by results. It’s helping to create a robust and growing middle class and, in the process, ensuring our region’s continued prosperity.
10 Parishes of Southeast Louisiana
- Jefferson
- Orleans
- Plaquemines
- St. Bernard
- St. Charles
- St. James
- St. John the Baptist
- St. Tammany
- Tangipahoa
- Washington | https://www.bizneworleans.com/relationships-relevance-results-7/ | 2022-09-07T20:53:38Z |
NPR's Juana Summers speaks with professor Siobhan Brooks of California State University — Fullerton about the issues strippers face and their history of organizing and unionizing in the U.S.
Copyright 2022 NPR
NPR's Juana Summers speaks with professor Siobhan Brooks of California State University — Fullerton about the issues strippers face and their history of organizing and unionizing in the U.S.
Copyright 2022 NPR | https://www.keranews.org/2022-09-07/how-strippers-hoping-to-unionize-in-la-adds-to-the-history-of-organizing-in-the-u-s | 2022-09-07T20:53:37Z |
The first shipment of Ukrainian grain arrived in Ethiopia on Wednesday. But the delivery — six truckloads — is just a fraction of what is needed across the entire continent.
Copyright 2022 NPR
The first shipment of Ukrainian grain arrived in Ethiopia on Wednesday. But the delivery — six truckloads — is just a fraction of what is needed across the entire continent.
Copyright 2022 NPR | https://www.keranews.org/2022-09-07/is-africa-being-held-hostage-in-the-politics-of-grain-wars | 2022-09-07T20:53:44Z |
The Neural Network
GNO, Inc.’s NeuroNOLA Initiative Is a True Meeting of the Minds
I
t might be strange to think about, but everything you know–about yourself, about others and about the world around you–is perceived, processed and controlled by a roughly three-pound cluster of cells that sits inside your head.
The human brain–the central component of the nervous system–is composed of blood, stem cells, neurons and glial cells that work together to transmit and receive chemical and electrical signals, which are then sent throughout the body. These signals control every thought, every action, every sensation—everything ranging from excitement, fear, hunger, pain and euphoria. Every breath you take, whether you notice it or not, was signaled by your brain.
But sometimes, these processes can be disrupted. As the name implies, a neurodegenerative disease attacks, breaks down or impairs neurological function, and highly specialized treatment for neurological conditions can be required for the rest of a person’s life.
In New Orleans, several healthcare providers, universities, private companies and nonprofit organizations have dedicated their expertise and resources to the research and treatment of neurodegenerative diseases, as well as overall neurological science. And while they’re all doing critically important work on their own, they together form a collective that can not only make a substantial impact on research and treatments, but which can establish Greater New Orleans as a hub of neurological expertise. That collective, pioneered by GNO, Inc., is known as NeuroNOLA.
“NeuroNOLA is a collaborative that brings together the region’s significant base of neurological research and clinical expertise to catalyze true cooperation within neurosciences,” says Harrison Crabtree, Business Development and Research Manager at GNO, Inc.
Crabtree says there are several conditions that support Greater New Orleans becoming a national neurosciences destination. First is a growth in the number of people dealing with neurodegenerative diseases, both nationally and globally. Five million Americans currently suffer from Alzheimer’s disease, one million from Parkinson’s, 400,000 from multiple sclerosis (MS), and 30,000 from amyotrophic lateral sclerosis (ALS), to name a few. As the number of diagnoses rises, so too does the demand for an accessible hub of care in the Gulf South.
Next, there’s the wealth of local expertise that has already laid the groundwork for regional expansion. Crabtree says Greater New Orleans benefits from a wide range of organizations that are currently leading the fight against neurodegenerative diseases, while the region’s concentration of higher-education institutions–such as Xavier, Loyola and Tulane–could yield even more local talent to usher in the next generation of innovation.
On the patient front, hospital systems like LCMC Health, Tulane and Ochsner are providing high-quality clinical and hospital care to patients diagnosed with neurodegenerative diseases, serving as a critical bridge between research and treatment. These industry leaders are already being recognized for their efforts: this year, Ochsner Health announced that the Ochsner Neuroscience Institute was designated as a “Comprehensive Care Center” by the Parkinson’s Foundation, making it the only health system in Louisiana to hold this distinction.
Dr. David Houghton, Chief of Movement and Memory Disorders at Ochsner, says that all stakeholders in the NeuroNOLA initiative have deep experience in the neurosciences and bring unique points of view and expertise to the group. That includes clinic centers at Ochsner, which have been recognized as Centers of Excellence for treatment of epilepsy, MS, Parkinson’s and Huntington’s disease, as well as the Bazan Laboratory at LSU and the Tulane Brain Institute.
“Each brings unique gifts to this collective,” Houghton says. “And important university partners like Xavier and UNO with their lab expertise will provide cross-institutional seeding of new projects with unique new funding streams for growth.”
But NeuroNOLA also brings in thought leaders from outside the doctor’s office and university labs, and Houghton emphasizes the equally critical role of companies that are developing new technologies to assist in diagnosis and treatment.
AxoSim, located in the New Orleans BioInnovation Center on Canal Street, is a biotechnology company that helps facilitate breakthroughs in the treatment of neurodegenerative diseases with cutting edge technology. Its NerveSim and BrainSim platforms, colloquially known as “organ-on-a-chip” technologies, deliver clinically relevant data to assist drug discovery and developmental efforts by mimicking the structure and function of the human nervous system.
In the same building, another organization called Pine Biotech operates a data analysis platform used by various research groups to analyze, manage and integrate data for more effective and comprehensive research.
“For me, I’m most excited about how technology weaves its way into our care and research models in neurodegenerative diseases,” Houghton says. “I spend a good portion of my time at Ochsner working on new care models using digital connections to help diagnose and treat neurological disease.”
Advancing the fight against neurodegenerative disease also requires public awareness and advocacy, which is where local nonprofit organizations are leading their own charge. Houghton says that partnerships with nonprofits “allow us to stretch the halo effects of these programs into new cutting-edge projects—with greater national recognition and further economic support.”
Steve Gleason, who famously blocked an Atlanta Falcons punt that was recovered for a touchdown when he played in the NFL for the New Orleans Saints, was diagnosed with ALS in 2011. From the moment he was diagnosed, Gleason vowed that he would never give up and would fight for himself, his family and everyone living with the disease. He and his wife, Michel, founded Team Gleason, a nonprofit with the mission of bringing more attention to the disease and empowering people with ALS to live purposeful lives.
Through a diverse and broad portfolio of programming, Team Gleason “brings assistive technology, equipment and robust support services into the hands of ALS patients” with the goal of helping those living with ALS not just survive, but thrive.
“For the past decade, Steve and Team Gleason have been leading in bringing innovative solutions and unprecedented research to ALS from our home base right here in New Orleans,” says Clare Durrett, strategic advisor at Team Gleason and managing coordinator at Answer ALS, a nonprofit that’s working to build the most comprehensive clinical, genetic molecular and biomedical study of ALS.
Durrett says Team Gleason is excited and proud to play a role in NeuroNOLA and to help make the Greater New Orleans region a destination where patients can receive unparalleled options for their neuro-related health care. “It has been Steve’s and our mission to help foster expanded services and solutions for not only ALS, but for all associated neurodegenerative diseases in the New Orleans area,” she says.
Because of companies and organizations like these, Crabtree says there’s a strong “opportunity for ownership” for the Greater New Orleans region.
“The ‘competition’ is concentrated on the coasts and in the north,” he says. “That presents Greater New Orleans with the opportunity become the ‘destination center’ for neurodegenerative research and clinical treatment in the Gulf South.”
Not only would this bode well for patients in the south, but establishing New Orleans as a hub for the treatment and research of neurodegenerative disease could yield a substantial economic impact that elevates the quality of life and opportunity for all residents. A successful destination for neurodegenerative disease treatment–even one with just a tenth of the number of direct jobs at other institutions such as MD Anderson–would generate jobs, income and tax revenue, creating a stronger economic appeal for more companies and organizations to focus their work in the region.
The research and treatment of neurodegenerative diseases like PD, ALS and others–as well as the care required by those affected by them–require a multi-faceted community approach. Partnership, collaboration and a pooling of resources and information can advance our understanding and treatment of neurodegenerative diseases, and with NeuroNOLA functioning as the glial cells of this neural network, the breakthrough that current and future patients need could be discovered right here in the Crescent City. | https://www.bizneworleans.com/the-neural-network/ | 2022-09-07T20:53:44Z |
A Texas judge ruled that requiring employers to provide coverage for anti-AIDS medication violates religious freedoms and is unconstitutional. The ruling could jeopardize other preventive health care.
Copyright 2022 NPR
A Texas judge ruled that requiring employers to provide coverage for anti-AIDS medication violates religious freedoms and is unconstitutional. The ruling could jeopardize other preventive health care.
Copyright 2022 NPR | https://www.keranews.org/2022-09-07/judge-rules-that-companies-are-not-required-to-provide-coverage-for-hiv-medication | 2022-09-07T20:53:50Z |
The Wise Women of STEM
GNO, Inc.’s mission to diversify one of the most rapidly growing industry sectors in Greater New Orleans.
What’s your major?
Liyah Ernest used to fear that question. Even though she’s a brilliant and confident student—she took advanced physics her freshman year of high school and was accepted into Stanford University with a full scholarship—she still wasn’t sure what to focus her college studies on or which career path she wanted to pursue.
“I used to be embarrassed to say, ‘I don’t know,’” Ernest says. “I used to feel like I had to know.”
That began to change after an ordinary afternoon at the hair salon, where she heard about the program that would change her life. Her hairdresser told her about a mentorship program called the Women in the STEM Economy (WISE Women) initiative. Ernest applied to the program and got accepted. She said that in just a few weeks, her entire worldview—and the way she saw her hometown of New Orleans—was different.
While the Crescent City is known across the world for its unique culture, food and music, it’s also rapidly establishing its reputation as a hub for STEM (science, technology, engineering and mathematics) industries. Through the WISE Women program, Ernest was able to explore and experience some of the STEM opportunities right here in the Greater New Orleans region.
Ernest says that she, like many of her peers, just wasn’t aware of what was possible–and which industries were creating jobs–in her own backyard. Ernest graduated from Ben Franklin High School in early 2022 and took dual-enrollment classes at the University of New Orleans. But it wasn’t until she participated in the WISE Women program that she learned a biotech company, Obatala Sciences, was also operating on UNO’s campus, just steps away from her classroom.
“WISE Women has shown me that New Orleans, my home, does offer successful and cool–like very, very cool–careers,” Ernest says.
Louisiana has historically lagged behind the rest of the country when it comes to STEM jobs and education. A 2014 study from Georgetown University found the state was nine percentage points behind the national average for STEM job opportunities for new graduates. Additionally, a majority of STEM workers are white and men, who are paid more than women for the same or similar roles.
But Louisiana is trying to change that, and initiatives like the WISE Women program will help close the gap and boost STEM learning in the region. That includes closing the opportunity gap for underrepresented and underserved populations, such as women and people of color, to engage in Louisiana’s STEM workforce and economy. ACT 392 of the 2017 legislative session created and funded nine regional STEM centers throughout the state to help communities, parishes, multi-parish regions, and the state improve access to STEM education, participation and advancement.
Daphine Barnes, Director of STEM and Economic Mobility at GNO, Inc., is the Region 1 STEM Director for Louisiana, as well as founder of the WISE Women initiative. “Historically, there has been a significant gap in women, especially those representing racial minorities or have socioeconomic disparities, in science, technology, engineering, and mathematics careers,” Barnes says. “The program was created to expose, engage and inspire young women to pursue STEM careers where they are typically unrepresented.”
Barnes says her goal is to increase the number of young women selecting, matriculating through, and becoming employed by STEM companies—hopefully within the region. She said that the program is currently engaging these young women at a transformative point in their lives–such as high school graduation–and giving them insight on lucrative careers that can change their entire life trajectory, positively impact future generations, attract and retain businesses, and improve the community as a whole. “If I can encourage just one young woman to pursue a STEM career, or help her discover her capacity for STEM, I have done my job.”
Since its formation this year, more than 200 young women throughout the Greater New Orleans region have applied for the WISE Women program. Twenty-two mentees were selected for the first cohort and were guided by 25 mentors representing a wide and diverse range of STEM occupations, including trade professionals, educators, engineers, computer scientists, doctors and more. These mentors taught and advised their mentees about opportunities that might align with their individual interests.
One of those mentors was Kelsey Maneau, the first woman to ever work on the space launch system team at NASA’s Michoud Assembly Facility in New Orleans East. As a young woman of color herself, Maneau says she welcomed the opportunity to share her insights and what she’s learned through her own personal experiences navigating the STEM industry.
“I didn’t have a representation of what a woman in STEM looks like,” Maneau says. “As a mentor with WISE Women, I hope to build positive and effective connections to support, empower, and inspire the other young women in STEM academically and personally.”
A native of New Orleans, Maneau was displaced by Hurricane Katrina and briefly moved to Alabama with her family. While she was there, she attended a NASA Explorer School, which she says piqued her interest in STEM.
“I knew I wanted to be a part of that world,” she says. Maneau returned to New Orleans, got an internship at the NASA facility, and later accepted a full-time position. She credits her exposure to STEM jobs at a formative time in her life with sparking her professional journey, and she hopes she can help guide the next generation of STEM leaders in the same way.
Maneau says what she loves most about being a mentor is watching the reactions of mentees when they visit an exciting new place, like Obtala Sciences, Ranch Movie Studios, NASA, or the New Orleans International Airport, and realize they could work there someday. She says it’s “priceless” to see their faces light up when they are inspired and empowered. “Sometimes, hearing a reminder from another woman on the same mission is all one needs to get through,” Maneau says. “It does a lot of good.”
In fact, the positive effects of representation and diversity can span generations, as STEM careers are often lucrative, high-wage, high-growth opportunities. Barnes says the statistics don’t lie. “Women who have these types of careers have a multiplier effect throughout the community that is stronger than those of men—especially women of color,” she says. “If we increase the number of young women who have these high-wage, high-growth careers, we can decrease poverty and increase generational wealth.”
Barnes says that’s why it’s crucial that education, community, business and industry work together to increase the number of students who pursue STEM careers. They have the potential to improve entire communities by increase tax bases that can create better schools and infrastructure and increase community investment—especially through home ownership and small business ideation and creation.
In addition, when companies are determining where they will headquarter or expand their business footprint, a pipeline of talented workers is crucial to their decision making. If New Orleans has a highly skilled, employable workforce, the region can attract and retain even more businesses. “We want and need businesses within our region,” Barnes says, “so it is incumbent upon us to make sure that we can support them.”
Of course, that all starts by inspiring the next generation of STEM movers and shakers–like Liyah Ernest–and introducing them to the opportunities available right here in Greater New Orleans. On the other side of her WISE Women experience, Ernest says she has the knowledge and confidence to open new doors before deciding on a path to follow.
“Most importantly,” she says, “WISE Women has taught me to embrace my answer of ‘I’m not sure what I am going to major in…yet.’” | https://www.bizneworleans.com/the-wise-women-of-stem/ | 2022-09-07T20:53:50Z |
The Mar-a-Lago estate in Palm Beach, Fla., has a rich, complex history and was destined to be a "Winter White House" long before Donald Trump came along.
Erika Ryan is a producer for All Things Considered. She joined NPR after spending 4 years at CNN, where she worked for various shows and CNN.com in Atlanta and Washington, D.C. Ryan began her career in journalism as a print reporter covering arts and culture. She's a graduate of the University of South Carolina, and currently lives in Washington, D.C., with her dog, Millie. | https://www.keranews.org/2022-09-07/mar-a-lagos-legacy-began-long-before-trump | 2022-09-07T20:53:56Z |
In Nashville, a low-income apartment complex is being demolished to build a new mix-use development. Virginia Holland is a mother of six and is being forced to look for a new place to live.
Copyright 2022 WPLN News
In Nashville, a low-income apartment complex is being demolished to build a new mix-use development. Virginia Holland is a mother of six and is being forced to look for a new place to live.
Copyright 2022 WPLN News | https://www.keranews.org/2022-09-07/nashville-families-are-struggling-to-find-housing-after-being-displaced | 2022-09-07T20:54:02Z |
Sweating keeps you cool, but climate change is making it harder By Lauren Sommer Published September 7, 2022 at 3:27 PM CDT Facebook Twitter LinkedIn Email Our bodies couldn't endure the summer heat without sweating. But as the climate gets hotter, sweat isn't cooling us off like it used to. Copyright 2022 NPR | https://www.keranews.org/2022-09-07/sweating-keeps-you-cool-but-climate-change-is-making-it-harder | 2022-09-07T20:54:08Z |
Extreme heat across California is causing trouble in schools. It's straining aging air conditioning systems, making recess dangerous and highlighting ventilation problems in many classrooms.
Copyright 2022 KPCC
Extreme heat across California is causing trouble in schools. It's straining aging air conditioning systems, making recess dangerous and highlighting ventilation problems in many classrooms.
Copyright 2022 KPCC | https://www.keranews.org/2022-09-07/the-extreme-heat-in-california-is-causing-disruptions-in-the-states-classrooms | 2022-09-07T20:54:15Z |
Six months into the war in Ukraine, thousands of people have been killed and millions displaced. Four-legged Ukrainians are also suffering, but there are groups working to help the animals.
Copyright 2022 NPR
Six months into the war in Ukraine, thousands of people have been killed and millions displaced. Four-legged Ukrainians are also suffering, but there are groups working to help the animals.
Copyright 2022 NPR | https://www.keranews.org/2022-09-07/these-groups-are-working-to-help-the-animals-affected-by-the-war-in-ukraine | 2022-09-07T20:54:21Z |
Across the U.S., more moms are turning to small amounts of psychedelic mushrooms to cope with the stresses of parenting. But does it point to a deeper problem of lack of support for women?
Copyright 2022 CPR News
Across the U.S., more moms are turning to small amounts of psychedelic mushrooms to cope with the stresses of parenting. But does it point to a deeper problem of lack of support for women?
Copyright 2022 CPR News | https://www.keranews.org/2022-09-07/thousands-of-moms-are-microdosing-with-mushrooms-to-ease-the-stress-of-parenting | 2022-09-07T20:54:27Z |
Former President Donald Trump continues to heavily suggest he will run for president in 2024, but a new poll out from NPR/PBS NewsHour/Marist shows voters in the middle overwhelmingly don't want him to give it another go.
Sixty-seven percent of independents said they do not want Trump to run again, while just 28% said they do. In 2020, Trump lost independents and lost the election. In 2016, Trump fared better with the group, but throughout his presidency and afterward he suffered with them and has never regained them.
"I think we need someone who can start uniting the country," said survey participant Mike Helms, 68, of Lincolnton, N.C., an independent who voted for Trump in 2020. "I don't think him or [President] Biden can unite this country."
Trump has continued to be heavily unpopular outside of his base, raising questions about the strength of a Trump 2024 candidacy. People who live in large cities and suburban women continue to be two of the groups most opposed to Trump, while white evangelical Christians, whites without college degrees and those in rural areas are most supportive.
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"I definitely don't want him to run, because he will split the Republican Party and give the vote to the Democrats," said Greg Cox, 54, of New Haven, Mo., another independent who voted for Trump in 2020.
Overall, 61% of survey respondents said they don't want Trump to run again, largely unchanged from just after the 2020 election that Trump lost. A lot has transpired since then, and it shows just how locked in Americans' views are of Trump.
In fact, when respondents were asked if they would want Trump to run again, even if he is charged with a crime, the percentage saying no only increased marginally to 65%. That's within the margin of error.
Republicans looked like they were starting to pull away from Trump, but since the FBI searched Mar-a-Lago, his Florida home, for classified materials, they have reconsolidated around him.
When it comes to the FBI search, a plurality (44%) of respondents said they think Trump did something illegal. Another 17% think he did something unethical, but not illegal. Nearly 30% maintain he did nothing wrong, including 63% of Republicans.
Two-thirds of Republicans said they want Trump to run again, and a whopping 61% of them said they still want him to run even if he's charged with a crime.
Trump is using the FBI search as a rallying cry, calling it an "egregious abuse of the law." That's despite the FBI obtaining a legal search warrant. The Justice Department has said that it began investigating after a referral from the National Archives about classified material being mixed in with other material it received from Trump.
The FBI said it had evidence that Trump's team did not turn over all the documents it was asked for — and the search bore that out. An inventory of the search of Trump's home found dozens of boxes of documents, including some marked with the highest, most sensitive classifications.
On Monday, Trump was granted the right to a "special master" to separate out materials that have attorney-client privilege and even potentially material that could be argued to have "executive privilege," even though Trump is no longer president.
"We're going to take back America," Trump said at a rally in Wilkes-Barre, Pa. Saturday, where he lambasted the FBI search. "And in 2024, most importantly, we are going to take back our magnificent White House."
But Trump's base alone proved not to be enough in 2020, and likely wouldn't be in 2024, either.
Biden has also struggled with independents, who have largely disapproved of the job he has done so far, so they will be a major question mark and potentially hold the key to a 2024 presidential election, if it is a Biden-Trump rematch.
Helms, for example, said he would vote for Trump over Biden if Trump does run again, but not happily.
Cox said he would "absolutely not" vote for Trump again if there's a next time around, but he emphatically said he is not open to voting for Biden, either.
"Maybe I'd vote Libertarian," Cox said.
Methodology
The survey of 1,236 adults was conducted Aug. 29 through Sept. 1. It has a margin of error of +/- 4.1 percentage points, meaning results could be 4 points higher or lower than what is shown. There are 1,151 registered voters surveyed with a margin of error of +/- 4.3 percentage points.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.keranews.org/2022-09-07/two-thirds-of-independents-say-they-dont-want-trump-to-run-for-president | 2022-09-07T20:54:33Z |
Stephen Millard, who established the Deep Ellum Arts Festival in 1994, has shut it down.
Millard managed to steer the annual street fair through several COVID-19 cancellations and even through previous outbreaks of crime (mostly thefts from cars). But in a public announcement, he said it's fears for the economy and personal safety that have made it impossible to go on.
The red-brick entertainment district has long drawn people downtown for nightclubs and music — and the Undermain Theatre. It was where the Texas blues scene began with Blind Lemon Jefferson. It was where Dallas' punk scene flourished for a brief time.
So bringing in some crowds over a weekend for free entertainment with bands and craftspeople not only made sense, it contributed to Deep Ellum's general atmosphere, its legend of late-night partying, music and food.
But Mallard said producing the Deep Ellum Arts Festival had become too costly, too difficult. He couldn't handle the increased financial and liability risks.
Earlier this year, rapper T-Pain moved his concert from Deep Ellum to Grand Prairie because of low ticket sales that he claimed were because of safety concerns. This spring, two shootings in the area left one dead and five injured.
But the entertainment district has always had a gritty reputation. And April's festival still managed to pay for itself.
But Millard said it didn't generate enough outside subsidies or investments to start another one. Not only is he closing the festival, Millard said he's retiring after 45 years producing such events.
Got a tip? Email Jerome Weeks at jweeks@kera.org. You can follow him on Twitter @dazeandweex.
Art&Seek is made possible through the generosity of our members. If you find this reporting valuable, consider making a tax-deductible gift today. Thank you. | https://www.keranews.org/arts-culture/2022-09-07/the-partys-over-after-28-years-the-organizer-pulls-the-plug-on-the-deep-ellum-arts-festival | 2022-09-07T20:54:41Z |
Last month, Texas schools received grades from the Texas Education Agency for the first time in three years. The ratings showed some improvement overall, but about 550 schools – or 3.5% – that would have gotten D or F grades were not rated by the agency.
The vast majority of these schools are located in the state’s poorest communities. In an op-ed that appeared in several newspapers around the state, two education professors argued this week that the Texas education system is at a “tipping point,” and that it’s failing kids, especially families with low incomes or with kids enrolled in special education.
David DeMatthews, an associate professor in the Department of Educational Leadership and Policy at UT-Austin, co-authored the article with University of Washington professor David S. Knight. DeMatthews told the Texas Standard that the state’s education funding mechanism, called recapture, has led to greater funding inequities for poorer districts, despite its goal of doing the opposite. The professors also say the state needs to hire and keep more certified teachers in the classroom.
This transcript has been edited lightly for clarity:
Texas Standard: You point to this year’s TEA ratings as an indicator of two fundamental problems with the state’s education system that have you concluding it’s at a tipping point. What specifically caught your attention?
David DeMatthews: The state has really failed to adequately fund all schools, particularly those in poorer communities. And also for a long time now, the pandemic has made it worse. The teacher workforce is really struggling along. There’s not as many high-quality, experienced teachers as we’d like to see. And unfortunately, the most experienced, the best trained teachers often don’t work in schools with the highest need. And so we have both a funding problem that’s disproportionately impacting schools in poor communities, and we also have a teacher quality problem and a teacher experience problem. And you put those things together, and it’s not surprising at all why the overwhelming majority of schools that are struggling are in those same communities.
And I correct in saying that none of the schools that would have received a D or an F in any other testing period were located in areas of affluence or relative wealth?
Looking at the TEA data, out of the roughly 8,400 schools that were reviewed, they only linked to 0.3% schools that they labeled as low poverty.
The Legislature added billions to educational funding in 2019. Was it not enough?
So it came with some degree of strings, but it still has not created an equal playing field across all districts. And then also, as Texas has grown and has changed demographically, the state’s recapture policy is now having some negative effect on certain large urban districts. So in districts like Houston and Dallas that serve very large populations of low-income students and English language learners, which can be costly, those school districts are actually subject to recapture. And so in some instances, we have a school finance policy that is supposed to be helping school districts meet the needs of low-income students, and it’s actually taking funds away.
And so a one-time funding bump is great. And the pandemic has brought some additional federal money into schools, and that’s great. But we need something that’s long-term and sustainable, and we also need something that’s modern, and that reflects the way Texas has changed over the last 20 years.
Of course, you also need teachers. There’s plenty of research that shows the presence of certified teachers obviously improves educational outcomes. What more could be done on that score, especially if you’re struggling with some systemic funding issues?
Yes, a lot more can be done, and the state has a constitutional obligation to provide a quality education. And so the state should be extremely concerned about the teacher workforce. And I don’t think our state policymakers have been concerned enough. Right now we’re in a situation where nearly 60% of the teachers in Texas come through alternatively certified programs versus university-based programs.
And something that we know about these alternative-based programs is that they tend to have teachers with lower undergraduate GPAs, lower certification exam scores, and they’re also more likely to work in schools that serve low-income students. They’re more likely to exit the profession, which is costly for school districts to replace these teachers, and they’re less likely to move students as fast instructionally as university-trained teachers. So that is a really big concern and again, it disproportionately impacts certain schools in the state. | https://www.keranews.org/education/2022-09-07/texas-schools-are-at-a-tipping-point-education-professors-say | 2022-09-07T20:54:47Z |
A federal judge in Fort Worth agreed Wednesday with a group of Christian conservatives that Affordable Care Act requirements to cover HIV prevention drugs violate their religious freedom.
U.S. District Judge Reed O’Connor also agreed that aspects of the federal government’s system for deciding what preventive care is covered by the ACA violates the Constitution.
O’Connor’s ruling could threaten access to sexual and reproductive health care for more than 150 million working Americans who are on employer-sponsored health care plans. It is likely to be appealed by the federal government.
This lawsuit is the latest in a decade of legal challenges to the Affordable Care Act, many of which have run through O’Connor’s courtroom. In 2018, O’Connor ruled that the entirety of the ACA was unconstitutional, a decision that was struck down by the U.S. Supreme Court.
At issue in the class-action lawsuit is a 2020 mandate requiring health care plans to cover HIV prevention medication, known as PrEP, free of charge as preventive care.
In the suit, a group of self-described Christian business owners and employees in Texas argue that the preventive care mandates violate their constitutional right to religious freedom by requiring companies and policyholders to pay for coverage that conflicts with their faith and personal values.
The lawsuit was filed in 2020 by Austin attorney Jonathan Mitchell, the legal mind behind Texas’ civilly enforced six-week abortion ban. In the suit, Mitchell also challenges the entire framework through which the federal government decides what preventive services get covered.
O’Connor threw out several of Mitchell’s arguments but agreed that the U.S. Preventive Services Task Force’s system for deciding what health care services are required to be fully covered under the ACA violates the Appointments Clause of the U.S. Constitution.
“At a high level, this lawsuit is part of a larger pushback against the government’s ability to regulate,” said Allison Hoffman, a law professor at Penn Carey Law at the University of Pennsylvania. “And then also asking what happens when regulations and religion clash.”
One of the plaintiffs, Dr. Steven Hotze of Katy, often sues the government and elected officials over politically charged issues, including fights with GOP state leaders over emergency COVID-19 orders and an attempt to stop Harris County from expanding voter access.
In the complaint, Hotze said he is unwilling to pay for a health insurance plan for his employees that covers HIV prevention drugs such as Truvada and Descovy, known generally as PrEP, “because these drugs facilitate or encourage homosexual behavior, which is contrary to Dr. Hotze’s sincere religious beliefs.”
PrEP reduces the risk of getting HIV by 99% when taken as recommended, according to the U.S. Centers for Disease Control and Prevention. In spite of the assertions by the Christian group in Texas, the CDC also says that 1 in 5 new cases are in women, not men who have sex with men.
“The virus doesn’t choose who to infect, it can infect anyone,” said Dr. Satish Mocherla, an infectious disease specialist at Legacy Community Health Services in Dallas. “So why a particular demographic is being targeted is a mystery to us.”
And contrary to what the lawsuit asserts, PrEP does not “facilitate or encourage homosexual behavior,” said John Carlo, CEO of Prism Health North Texas and former public health director of Dallas County. “PrEP prevention research shows that its use does not increase risky behaviors or cause people to have more sex or use more intravenous drugs when using it,” Carlo said. “This is well studied.”
The other plaintiffs, including John Kelley, a Tarrant County orthodontist, claim they “do not need or want contraceptive coverage in their health insurance. They do not want or need free sexually-transmitted disease testing covered by their health insurance because they are in monogamous relationships with their respective spouses. And they do not want or need health insurance that covers Truvada or PrEP drugs because neither they nor any of their family members are engaged in behavior that transmits HIV.”
Kelley was previously the named plaintiff in the case, but the name was changed last month “because the media coverage of this case has triggered a wave of threats and cyberbullying” against Kelley, according to a motion.
Wide-reaching consequences
The lawsuit specifically addresses PrEP, but O’Connor’s ruling, which addresses how the federal government can decide what preventive care is covered in employer health care plans, may end up having much more wide-reaching consequences, Hoffman said.
“We’re talking about vaccines, we’re talking about mammograms, we’re talking about basic preventative health care that was being fully covered,” she said. “This is opening the doors to things that the ACA tried to eliminate, in terms of health plans that got to pick and choose what of these services they fully covered.”
The American Medical Association, along with 60 leading medical organizations, issued a statement condemning the lawsuit.
“With an adverse ruling, patients would lose access to vital preventive health care services, such as screening for breast cancer, colorectal cancer, cervical cancer, heart disease, diabetes, preeclampsia, and hearing, as well as access to immunizations critical to maintaining a healthy population,” the organizations wrote.
While implementation has not been as universal as hoped, fully funded preventive care through the ACA has been shown to be largely effective at improving health outcomes, reducing health care spending and increasing uptake of these services.
“The idea that an employer can shop a la carte for policy coverage goes against what we have learned over the last decade in the effort to end the HIV epidemic,” said Carlo, the former Dallas County health director. “This takes us into the wrong direction, and we have only just begun to head into the right one.”
At Legacy Community Health Services in Houston, where patients include a large population of those receiving PrEP, the lawsuit has begun to worry those who rely on their insurance to cover their treatment — and those patients are not restricted to members of the LGBTQ community, Mocherla said.
They include hemophiliacs and others who are vulnerable to HIV infection, Mocherla said. The rate of infection since the introduction of pre-exposure prophylaxis has declined in almost every demographic, he said.
Allowing companies to drop free coverage would prevent many of Legacy’s patients from being able to afford the treatment, Mocherla said, and would reverse that historic trend of declining HIV rates.
Shutting down access right now, while “we are on the verge of a breakthrough,” would set back the effort to eradicate the deadly virus by decades, he said.
“Without prevention, how can you cure the disease?” Mocherla said. “It’s just shocking. … And if ending the HIV epidemic is dear to anyone’s heart, we cannot leave prevention aside. And that’s why we are mystified. We are all very dismayed.” | https://www.keranews.org/health-wellness/2022-09-07/religious-employers-need-not-cover-prep-in-their-health-plans-federal-judge-rules | 2022-09-07T20:54:53Z |
Shelly Brisbin | Texas Standard
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In an op-ed published in several Texas newspapers, two education professors say the Texas Education Agency’s latest school ratings data points out how the education funding system means that failing schools are located almost exclusively in low-income communities. | https://www.keranews.org/shelly-brisbin-texas-standard-2 | 2022-09-07T20:54:59Z |
Apple maintains prices on new iPhones despite inflation
CUPERTINO, Calif. (AP) — Apple’s latest line-up of iPhones will boast better cameras, faster processors, and a longer lasting battery — all at the same prices as last year’s models, despite inflationary pressure that has driven up the cost of many other everyday items.
That pricing decision, revealed Wednesday during Apple’s first in-person product event in three years, came as a mild surprise. Many analysts predicted Apple would ask its devout fans to pay as much as 15% more to help offset rising costs for many components.
The hoopla surrounding Apple’s new iPhone 14 models is part of a post-Labor Day ritual the company has staged annually for more than a decade. Wednesday’s event was held on the company’s Cupertino, California, campus at a theater named after company co-founder Steve Jobs. After Apple CEO Tim Cook strolled out on stage, most of the event consisted of pre-recorded video presentation that the company honed during previous events staged during the pandemic.
For several years, Apple’s new iPhones have mostly featured incremental upgrades to cameras and battery life, and this year’s models were no exception. Pricing for the standard iPhone 14 will start at $799; the deluxe iPhone 14 Pro Max will start at $1099.
Among the latest improvements is a 48-megapixel camera in the Pro and Pro Max models that the company said will produce especially crisp pictures. The iPhone 13 versions of the Pro and Pro Max have 12-megapixel cameras. This year’s high-end models will also have always-on displays that stay lit even when the device is locked, a feature that has long been available on many smartphones powered by Google’s Android software.
Beginning in November, the iPhone 14 Pro and Pro Max will be able to send SOS messages via a new satellite feature — a safety measure intended to let users request help when in remote areas without a wireless connection.
All the iPhone 14 models will include a motion senor capable of detecting serious car crashes and automatically connecting to emergency services.
With inflation still hovering at its highest level in 40 years, consumers have curbed their spending on many discretionary items. That’s likely contributing to a recent decline in smartphone sales, although the iPhone has fared far better than competing Android devices .
The dimming sales outlook prompted the research firm International Data Corp. to predict a worldwide decline in 2022 smartphone shipments of 6.5%, almost double the 3.5% decline it had estimated a few months ago. Despite that anticipated drop in sales, the average price for new smartphones is expected to finish this year about 6% higher than last year, IDC estimated.
Consumers have still been snapping up iPhones this year, even though Apple already charges among the industry’s highest prices. Apple sold an estimated 106 million iPhones through the first half of this year, an 8% increase from the same time last year, according to Canalys, another research firm.
Forrester analyst Thomas Husson hailed the new lineup for its faster chips, improved design and “some incremental innovative features.”
Apple shares edged up 1% in late afternoon trading.
The company’s Apple Watch Series 8, meanwhile, will include a new temperature sensor intended to help women retrospectively track their ovulation cycles in addition to the crash detection feature also debuting on the iPhone 14. The price for the latest Apple Watch, available in stores Sept. 16, will start at $399, the same as last year’s model.
In an effort to broaden the appeal of wearable technology, Apple is rolling out a Watch Ultra model designed to be more durable and offering a variety of special features tailored for hikers, scuba divers and other outdoor enthusiasts. The Watch Ultra, available in stores Sept. 23, will carry a premium price of $799.
CCI Insight analyst Leo Gebbie predicted that the Ultra will compete with existing sports watch brands like Garmin and some luxury Swiss watchmakers that market their products around extreme sports.
Apple also took the wraps off its next generation of wireless earbuds, the AirPods Pro 2, which will also maintain a starting price of $249.
___
AP Business Writer Matt Ott contributed to this story from Washington, D.C.
Copyright 2022 The Associated Press. All rights reserved. | https://www.whsv.com/2022/09/07/apple-maintains-prices-new-iphones-despite-inflation/ | 2022-09-07T21:01:25Z |
Bridge damage causing massive backups on I-81 in Augusta Co.
AUGUSTA COUNTY, Va. (WHSV) - A hole on I-81 North on the bridge over the Shenandoah Valley Railroad near Weyers Cave has forced VDOT to close the right lane of traffic. The agency said drivers can expect delays into Thursday morning.
As of 4 p.m. on Wednesday, VDOT’s Virginia511 reports at least 8.5 miles of traffic backups and growing.
The north right lane and right shoulder at mile marker 234 near Weyers Cave on I-81 North is closed.
In a press release, the agency says the bridge developed a hole measuring 16 inches by 24 inches in the right lane at mile marker 234. Crews are on the way to perform emergency bridge repairs and are expected to work through the night to repair the hole.
According to Virginia 511, drivers traveling north on I-81 North can use Exit 227 (Verona) and travel west on VA-262 to US-11 North and turn east onto Weyers Cave Road and re-enter Interstate 81 North.
Those traveling from I-64 West can take Exit 96 (Lyndhurst), onto North Delphine/Route 340, left onto Route 256 and then rejoin I-81 at Exit 235 (Weyers Cave/Blue Ridge Community College.) Those travelers could also continue on Route 340 to Port Republic Road. Turn left onto Port Republic Road and rejoin I-81 at Exit 245 in Harrisonburg.
For updated traffic alerts and travel information, dial 511 or go to http://www.511Virginia.org.
This is a developing story. Stay with WHSV News for updates.
Copyright 2022 WHSV. All rights reserved. | https://www.whsv.com/2022/09/07/bridge-damage-causing-massive-backups-i-81-augusta-co/ | 2022-09-07T21:01:31Z |
Giant space tarantula spotted in the galaxy
Published: Sep. 7, 2022 at 4:09 PM EDT|Updated: 52 minutes ago
(CNN) – NASA’s James Webb Space Telescope captured the image of a large Magellanic cloud galaxy nicknamed the Tarantula Nebula.
Scientists say it got that nickname because it resembles a burrowing tarantula’s home line with its silk.
The nebula sits 161,000 light years away from Earth.
It is the largest and brightest star-forming region in the galaxies closest to the Milky Way.
NASA says it also houses the hottest and most massive stars currently known to astronomers.
Thanks to the Webb Telescope, scientists have been able to spot tens of thousands of never-before-seen young stars in the galaxy.
They originally thought the stars were just cosmic dust.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.whsv.com/2022/09/07/giant-space-tarantula-spotted-galaxy/ | 2022-09-07T21:01:38Z |
‘I’m exhausted of having to constantly run’: Cyber trolls force trans woman into hiding
(CNN) – Transphobic trolls have forced a trans woman into hiding as they post personal details about her and her family online.
Clara Sorrenti said she fled to northern Ireland as a result, but the trolls tracked her all the way there.
The trans activist and Twitch streamer said the online trolls called in a fake emergency, sending armed police to her home in Canada. The tactic is known as “swatting.”
“I went into the hallway, they told me to put my hands up,” she said. “And honestly, in that moment, I thought I was going to die. I screamed as soon as I saw the gun.”
Over the past month, she’s been targeted, harassed and stalked around the globe.
“I’m so exhausted of having to constantly run,” she said.
Earlier this year, when Sorrenti began using the Twitch platform, popular among video gamers, to talk about trans rights, she caught the attention of Kiwi Farms, a notorious online forum that has been used to organize transphobic harassment campaigns.
“The first thing that they did was find the obituary for my dead father and use it to find his memorialized Facebook page,” Sorrenti said. “They were able to find a picture of my dad on the front porch of my childhood home and, from that, use Google Maps and figure out where that was located.”
After Sorrenti’s home in Ontario was swatted, she moved to a nearby hotel. However, her harassers tracked her down there, remarkably using a photo of her cat on her hotel bed.
“They were able to cross reference what they saw on the bedsheets with every other hotel in the city until they found out that the specific bedsheets only had a pattern in this one hotel that I was staying at,” Sorrenti said.
Eventually, she said her Uber account was hacked, allowing the online bullies to track her location. It was then when she decided to leave Canada, coming here to Belfast in northern Ireland to stay with her friend.
“I thought that if I got far away and went to a different continent, they wouldn’t be able to do the same thing,” she said. “And then it turned out I was wrong.”
Her harassers somehow were able to track her down in Belfast. One of them even came to the apartment building she’s staying at, took a photo and posted it online.
Ellen Murray, another Twitch streamer, said the trolls harassed Sorrenti while they were streaming together.
“In the middle of it, we find out that, on the website 4chan, somebody had posted a picture taken from right (outside),” she said.
Sorrenti decided to take the trolls on, launching a campaign to get Kiwi Farms taken off the internet.
“I know that there’s always a threat against me as long as I’m standing up for this, but the alternative would’ve been the site keeps going and, not only me, but the countless other victims of this site who get harassed relentlessly every single day would have to continue through that nightmare,” she said.
Sorrenti called for Cloudflare, a major U.S. internet company, to stop providing cyber security services to Kiwi Farms that allows the site to stay online.
Cloudflare initially said no, but then reversed track over the weekend, citing “imminent threats to human life.”
Sorrenti knows getting Kiwi Farms taken offline won’t make all her trolls and harassers go away.
“They got roped into a hate group, and once you get deep enough inside one of these things, it’s really hard to get out,” she said. “I want to show them more compassion than they’ve ever shown me.”
Copyright 2022 CNN Newsource. All rights reserved. | https://www.whsv.com/2022/09/07/im-exhausted-having-constantly-run-cyber-trolls-force-trans-woman-into-hiding/ | 2022-09-07T21:01:44Z |
Payday loan scams victimize most financially vulnerable
Consumers have lost more than $3M over the last four years
InvestigateTV - Payday loans are high-cost, short term loans that are often a quick way for people to get cash before their next paycheck. Unfortunately, payday loan scams have cost consumers almost $500,000 this year.
Josh Planos with the Better Business Bureau said the con comes when bad actors pose as representatives from legal payday loan companies.
Planos explained that fraudsters will offer fake payday loans or trick customers into thinking they still owe money on a debt even after the debt is paid.
These scams typically cost victims an average of $1,000 per person and the frequency is increasing.
Planos reported that the BBB saw a 27% increase in payday loan scams from 2019 to 2021.
Senior Attorney Mark Glassman with the Federal Trade Commission said the uptick in payday loan scams means borrowers need to stay on high alert.
Glassman noted that the scams are targeted towards people who, in many cases, are already economically vulnerable.
Experts said one way to avoid falling victim is to skip the payday loan and instead, try working with your creditors to make payment arrangements.
If you need help with creditors, USA.gov and Consumer.gov both offer free resources on dealing with debt and managing debt.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/07/payday-loan-scams-victimize-most-financially-vulnerable/ | 2022-09-07T21:01:50Z |
Scary moments: Dog helps save owner in backyard bear attack, police say
MEDFORD Ore. (KPTV/Gray News) - Officials say a bear has been killed after it attacked a woman and her dog in southern Oregon over the weekend.
KPTV reports the incident happened on Sept. 4, when the animal attacked the woman and her dog while the two were in their backyard in west Medford.
The Medford Police Department estimated the bear weighed between 150 and 200 pounds.
Authorities said the woman and her dog suffered injuries in the attack. The woman’s left arm and leg were injured, but she is expected to survive after her dog helped scare the bear away.
Police initially said they couldn’t find the bear, but it was eventually spotted on Tuesday by a neighbor in a nearby yard.
On Wednesday, Medford police said officers shot and killed the animal, as it’s their policy that any bear which is a threat to human life must be killed and not relocated.
Authorities said they collected evidence from the attack and matched it with the bear.
Copyright 2022 KPTV via Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/07/scary-moments-dog-helps-save-owner-backyard-bear-attack-police-say/ | 2022-09-07T21:01:57Z |
Vegas police search county official’s home in connection with stabbing death of reporter
LAS VEGAS (KVVU/Gray News) - The Las Vegas Metropolitan Police Department served a search warrant Wednesday morning at the home of a county official in connection with the stabbing death of a newspaper reporter.
KVVU reported police were seen at a home registered to Robert Telles, according to the Clark County Assessor’s office. The Clark County website list Telles as the actively serving Clark County Public Administrator.
Police are believed to be searching the home in connection to the death of 69-year-old Jeff German.
German was found stabbed to death outside his home after authorities received a 911 call. The Clark County coroner’s office stated that he died of “multiple sharp force injuries” in a homicide.
Police said it appeared German was in an altercation with another person that led to the stabbing, which is believed to be an isolated incident.
German had previously written a series of reports about Telles during his re-election bid that reportedly did not place Telles in a favorable light.
Telles lost the bid for re-election.
In an email late Wednesday morning, a spokesperson for Clark County said they “have no comment at this time.”
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/07/vegas-police-search-county-officials-home-connection-with-stabbing-death-reporter/ | 2022-09-07T21:02:04Z |
Registered sex offender tries to kidnap, rape jogger in Tennessee, police say
KNOXVILLE, Tenn. (WVLT/Gray News) – A registered sex offender tried to kidnap and rape a woman in Tennessee as she jogged Tuesday morning, according to the Knoxville Police Department.
Officers responded to the Market Square area just after 7 a.m. for a report that a woman was randomly assaulted by a man she did not know.
Scott Erland, spokesperson for Knoxville police, said multiple bystanders rushed to help the woman, and she was able to escape with only minor injuries.
Erland said the suspect fled the scene prior to police arriving.
Multiple units worked together to identify the man as Japa Goins, 34. He was located and arrested a few hours after the attempted kidnapping, Erland said.
Goins reportedly admitted to the assault during an interview with Violent Crimes Unit investigators.
Police said Goins will be charged with aggravated kidnapping and attempted rape.
“I am incredibly proud of the great urgency and teamwork our investigators and patrol officers showed to bring this incident to an almost immediate resolution,” Chief of Police Paul Noel said. “I am also thankful for the bystanders who jumped in to help when help was needed. People should feel and be safe in every public space in our city, and we will respond quickly to address any actions or behavior that compromises that sense of safety.”
According to the Tennessee Sex Offender Registry, Goins faced two separate rape charges and two separate sexual battery charges in 2021. The rape charges were dismissed, but Goins pleaded guilty to the sexual battery charges, according to records.
The attempted kidnapping and rape Tuesday comes amid a heightened fear of safety for joggers following the death of 34-year-old Eliza Fletcher in Memphis that made news nationwide. Officials said Fletcher was kidnapped and murdered while out on a jog early Friday morning. Cleotha Henderson, initially referred to as Cleotha Abston by police, has been charged with first-degree murder in the case and is being held without bond.
Copyright 2022 WVLT via Gray Media Group, Inc. All rights reserved. | https://www.whsv.com/2022/09/07/registered-sex-offender-tries-kidnap-rape-jogger-tennessee-police-say/ | 2022-09-07T21:05:46Z |
THOUSAND OAKS, Calif., Sept. 7, 2022 /PRNewswire/ -- Amgen (NASDAQ:AMGN) will host a webcast call for the investment community in conjunction with the European Society for Medical Oncology Annual Congress (ESMO) at 1:30 p.m. ET on Monday, Sept. 12, 2022. David M. Reese, M.D., executive vice president of Research and Development at Amgen, along with members of Amgen's clinical development team, will discuss the data being presented from the LUMAKRAS® (sotorasib) CodeBreaK 200 confirmatory Phase 3 study in non-small cell lung cancer and data from the full Phase 1b expansion cohort of LUMAKRAS in combination with Vectibix® (panitumumab) in colorectal cancer. The webcast will be broadcast over the internet simultaneously and will be available to members of the news media, investors and the general public.
The webcast, as with other selected presentations regarding developments in Amgen's business given by management at certain investor and medical conferences, can be found on Amgen's website, www.amgen.com, under Investors. Information regarding presentation times, webcast availability and webcast links are noted on Amgen's Investor Relations Events Calendar. The webcast will be archived and available for replay for at least 90 days after the event.
About Amgen
Amgen is committed to unlocking the potential of biology for patients suffering from serious illnesses by discovering, developing, manufacturing and delivering innovative human therapeutics. This approach begins by using tools like advanced human genetics to unravel the complexities of disease and understand the fundamentals of human biology.
Amgen focuses on areas of high unmet medical need and leverages its expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be one of the world's leading independent biotechnology companies, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential.
Amgen is one of the 30 companies that comprise the Dow Jones Industrial Average and is also part of the Nasdaq-100 index. In 2021, Amgen was named one of the 25 World's Best Workplaces™ by Fortune and Great Place to Work™ and one of the 100 most sustainable companies in the world by Barron's.
For more information, visit www.amgen.com and follow us on www.twitter.com/amgen.
CONTACT: Amgen, Thousand Oaks
Jessica Akopyan, 805-447-0974 (media)
Megan Fox, 805-447-1423 (media)
Arvind Sood, 805-447-1060 (investors)
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SOURCE Amgen | https://www.whsv.com/prnewswire/2022/09/07/amgen-webcast-investor-call-esmo-2022/ | 2022-09-07T21:05:52Z |
REDWOOD CITY, Calif., Sept. 7, 2022 /PRNewswire/ -- Arcellx, Inc. (NASDAQ: ACLX), a biotechnology company reimagining cell therapy through the development of innovative immunotherapies for patients with cancer and other incurable diseases, today announced that management will participate in a fireside chat at the Morgan Stanley 20th Annual Global Healthcare Conference on Wednesday, September 14, 2022, at 3:30 p.m. ET.
A live webcast of the discussion will be accessible from Arcellx's website at www.arcellx.com in the Investor section. A replay of the webcast will be archived and available for 30 days following the event.
Arcellx, Inc. is a clinical-stage biotechnology company reimagining cell therapy by engineering innovative immunotherapies for patients with cancer and other incurable diseases. Arcellx believes that cell therapies are one of the forward pillars of medicine and Arcellx's mission is to advance humanity by developing cell therapies that are safer, more effective, and more broadly accessible. Arcellx's lead product candidate, CART-ddBCMA, is being developed for the treatment of relapsed or refractory multiple myeloma (r/r MM) in an ongoing Phase 1 study. CART-ddBCMA has been granted Fast Track, Orphan Drug, and Regenerative Medicine Advanced Therapy designations by the U.S. Food and Drug Administration.
Arcellx is also advancing its dosable and controllable CAR-T therapy, ARC-SparX, through two programs: a Phase 1 study of ACLX-001 for r/r MM, initiated in the second quarter of 2022; and ACLX-002 in relapsed or refractory acute myeloid leukemia and high-risk myelodysplastic syndrome, expected to enter the clinic in the second half of 2022.
Visit www.arcellx.com for more information.
This press release contains 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. All statements in this press release that are not purely historical are forward-looking statements, including Arcellx's expectations regarding the timing of clinical trials for its product candidates. The forward-looking statements contained herein are based upon Arcellx's current expectations and involve assumptions that may never materialize or may prove to be incorrect. These forward-looking statements are neither promises nor guarantees and are subject to a variety of risks and uncertainties, including those set forth in Part I, Item 1A (Risk Factors) of Arcellx's Annual Report on Form 10-K and in other reports, including Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, that Arcellx may file from time to time with the Securities and Exchange Commission. These forward-looking statements are made as of the date of this press release, and Arcellx assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Investor Contact:
Myesha Lacy
Arcellx, Inc.
ir@arcellx.com
510-418-2412
Media Contact
Andrea Cohen
Sam Brown Inc.
andreacohen@sambrown.com
917-209-7163
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SOURCE Arcellx, Inc | https://www.whsv.com/prnewswire/2022/09/07/arcellx-announces-participation-morgan-stanley-20th-annual-global-healthcare-conference/ | 2022-09-07T21:06:03Z |
The Promotions and Reorganization of The Research Department Will Position ARK Invest to Surface and Capitalize on the Breadth of Innovation Evolving Today and to Expand into New Asset Classes and Geographies
ST. PETERSBURG, Fla., Sept. 7, 2022 /PRNewswire/ -- ARK Investment Management LLC ("ARK" or "ARK Invest"), an investment adviser focused solely on investing in disruptive innovation, announced today plans to scale its Research Department, promoting Brett Winton to the role of Chief Futurist and four Senior Research Analysts to Director roles, and hiring five Research Associates.
"According to our research, emerging innovation platforms will transform our lives and the global economy radically, potentially scaling their equity market capitalizations from $7-8 trillion today to more than $200 trillion in 2030," stated Cathie Wood, ARK's Founder, Chief Executive Officer, and Chief Investment Officer. "This reorganization will help us scale the team and develop deeper expertise in various research domains while surfacing convergences between and among technologies that are creating S-curves feeding S-curves. We believe this reorganization will strengthen the lines of communication between our research and portfolio management teams as ARK scales. To that goal, we will be investing in talent, adding five new Research Associates who will report to our newly appointed Directors."
Effective immediately, Brett Winton, ARK's Director of Research, will create and develop a unique role in the asset management industry as Chief Futurist while continuing in his role on the ARK Venture Investment Committee. As Chief Futurist, Brett will focus on the convergence between and among the five innovation platforms and 14 underlying technologies around which ARK has centered its research and investments.
"Forecasting, dimensioning, and anticipating the impact of disruptive innovation will be essential for investors seeking superior investment returns over the long-term," stated Brett Winton, ARK's Chief Futurist and ARK Venture Investment Committee Member. "As they catalyze and reinforce each other, we believe that, collectively, artificial intelligence, robotics, energy storage, genomic sequencing, and blockchain technology will rise from less than 10% of the global public equity market capitalization to more than 60% by 2030, representing the largest period of value-creation in history. As Chief Futurist, I will drive ARK's long-term forecasts across convergent technologies, economies, and asset classes. ARK will dimension the impact of this unprecedented technological boom as it transforms public equities, private equities, cryptoassets, fixed income, and the global economy."
Tasha Keeney, CFA®, has been promoted to Director of Investment Analysis and Institutional Strategies while Sam Korus, Simon Barnett, and Frank Downing have been promoted to Directors of Research. On the ARK team since its founding in 2014, Tasha will oversee financial modeling across the research teams and manage the strategic opportunities associated with ARK's institutional efforts, the next phase of growth for the firm. Sam, who has been with ARK since 2015, will guide the Autonomous Technology and Robotics team and Simon, with ARK since 2018, the Life Sciences team. With significant contributions to ARK's research since joining in 2021, Frank will guide the Next Generation Internet team. The Directors of Research will report to Cathie Wood.
In tandem with these promotions, ARK will hire five Research Associates, two focused on Autonomous Technology and Robotics, and three focused on Digital Health, Next Generation Internet, and Venture Capital, respectively. These roles will support ARK Analysts in identifying innovative technologies, sizing new markets, modeling growth rates and unit economics, and assessing the competitive landscape. Those interested in learning more about these positions can find additional information here.
In addition to the changes noted above, ARK is pleased to announce that Dan White, CFA®, will be promoted from Client Portfolio Specialist to Associate Portfolio Manager (APM), working alongside Nicholas Grous. In this role, Dan and Nick will assist Cathie in managing investment strategies in non-discretionary positions that, over time, could lead to discretionary control.
"I would like to congratulate each ARK team member for the extraordinary contributions that have led to their promotions," stated Cathie Wood. "These changes will enable ARK to create a more scalable model with faster information flow, particularly insights that transcend sectors and technologies, ultimately allowing ARK to stay on the right side of change and invest at the pace of innovation."
About ARK Investment Management LLC
ARK Investment Management LLC is a federally registered investment adviser and privately held investment firm. Specializing in thematic investing in disruptive innovation, the firm is rooted in over 40 years of experience in identifying and investing in innovations that should change the way the world works. Through its open research process, ARK identifies companies that it believes are leading and benefiting from cross-sector innovations such as robotics, energy storage, genomic sequencing, artificial intelligence, and blockchain technology. ARK's investment strategies include Autonomous Technology and Robotics, Next Generation Internet, Genomic Revolution, Fintech Innovation, Space Exploration & Innovation, 3D Printing, Israel Innovative Technology, and the overall ARK Disruptive Innovation Strategy. For more information about ARK, its offerings, and original research, please visit www.ark-invest.com.
CONTACT: Shaina Lamb, shaina@dlpr.com, 517-652-1296
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SOURCE ARK Investment Management LLC | https://www.whsv.com/prnewswire/2022/09/07/ark-investment-management-llc-announces-plans-scale-its-research-department-naming-its-first-chief-futurist-promoting-four-senior-research-analysts-hiring-five-research-associates/ | 2022-09-07T21:06:10Z |
LOS ANGELES, Sept. 7, 2022 /PRNewswire/ -- B. Riley Securities, Inc., a leading full service investment bank and subsidiary of B. Riley Financial, Inc. (NASDAQ: RILY) ("B. Riley"), today announced it will host its second annual Crypto Conference on Thursday, September 29, 2022 in New York.
B. Riley Securities 2nd Annual Crypto Conference: Miners + Web3 + DeFi will feature public and privately held companies across the digital asset chain in a forum designed for maximum knowledge sharing. Executive management teams from leading operators across blockchain infrastructure, computing, crypto exchanges, decentralized finance (DeFi), hosting, mining, staking and Web3 will engage in-person with investors to provide insight into the next phase of growth for this evolving asset class.
"Our annual Crypto Conference highlights our firm's multidisciplinary approach in serving stakeholders across the crypto economy with each of our participants representing a different angle of the evolving digital asset chain," said Andy Moore, CEO of B. Riley Securities. "Our event aims to serve as a rich forum for institutional investors to gain insight into this ascending asset class directly from leading operators."
Conference highlights include a series of fireside chats moderated by B. Riley's award winning equity research team. Corporate management teams will be available for one-on-one and small group meetings with institutional investors.
Early confirmed participants include:*
Participation is by invitation only and is reserved for clients of B. Riley. Interested participants may contact their B. Riley representative for more information or email conference@brileyfin.com.
B. Riley Securities serves more than 1,100 institutional investors and has become one of the largest underwriters for crypto-related businesses, raising hundreds of millions of dollars for such companies since 2021. To learn more about B. Riley Securities, visit www.brileysecurities.com.
B. Riley Securities provides a full suite of investment banking, corporate finance, advisory, research, and sales and trading services. Investment banking services include initial, secondary and follow-on offerings, institutional private placements, merger and acquisition (M&A) advisory, SPACs, corporate restructuring and recapitalization. B. Riley is nationally recognized and highly ranked for its proprietary small-cap equity research. The firm is a wholly owned subsidiary of B. Riley Financial. Please see www.brileyfin.com/disclosures for disclosures about B. Riley Securities Research.
B. Riley Financial is a diversified financial services platform that delivers tailored solutions to meet the strategic, operational, and capital needs of its clients and partners. B. Riley leverages cross-platform expertise to provide clients with full service, collaborative solutions at every stage of the business life cycle. Through its affiliated subsidiaries, B. Riley provides end-to-end, collaborative financial services across investment banking, institutional brokerage, private wealth and investment management, financial consulting, corporate restructuring, operations management, risk and compliance, due diligence, forensic accounting, litigation support, appraisal and valuation, auction, and liquidation services. B. Riley opportunistically invests to benefit its shareholders, and certain registered affiliates originate and underwrite senior secured loans for asset-rich companies. B. Riley refers to B. Riley Financial, Inc. and/or one or more of its subsidiaries or affiliates. For more information, please visit www.brileyfin.com.
Contacts
Media Inquiries
Jo Anne McCusker
press@brileyfin.com
(646) 885-5425
Event Inquiries
Jolene Glasser
conference@brileyfin.com
(818) 746-9524
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SOURCE B. Riley Financial | https://www.whsv.com/prnewswire/2022/09/07/b-riley-host-second-annual-crypto-conference-september-29-2022-new-york/ | 2022-09-07T21:06:16Z |
BRASILIA, Brazil, Sept. 7, 2022 /PRNewswire/ -- C6 Sistemas de Lançamentos do Brasil (C6 Sistemas) and the Brazilian Air Force Command (COMAER) today signed a contract for the use of goods and services of the Alcantara Space Center (CEA) finalizing a public call in 2021 by the Brazilian Space Agency (AEB) and COMAER.
This first contract for space launch operations by a private company signed by COMAER represents a new paradigm whereby the Brazilian Federal Government, through COMAER, provides services to a private company.
C6 Sistemas will build a new launch area, expand existing infrastructure, and implement new benefits at CEA which will increase CEA's operational capacity by increasing space operations. At the end of the contract, these become assets of the Federal Government. Construction starts in June 2023 with first launch in Q2 2024.
C6 Sistemas is a wholly owned subsidiary of C6 Launch Systems in Canada. Richard McCammon, President, and CEO of C6 Launch highlighted that CEA is ideally located for the C6 group of companies to provide dedicated, responsive, and timely launches for small satellites. He added C6 Launch is excited about expanding operations in Brazil and working with its new partner, COMAER.
Contact:
Richard McCammon
rmccammon@c6launch.ca
519-852-0170
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SOURCE C6 Launch Systems | https://www.whsv.com/prnewswire/2022/09/07/brazilian-air-force-signs-unique-contract-with-c6-sistemas/ | 2022-09-07T21:06:23Z |
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- Attorney Advertising-- Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Bed Bath & Beyond Inc. ("Bed Bath & Beyond" or the "Company") (NASDAQ: BBBY) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired Bed Bath & Beyond securities between March 25, 2022, to August 18, 2022, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: www.bgandg.com/bbby.
This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.
The Complaint alleges that Defendants made materially misleading statements and omissions to investors regarding Bed Bath & Beyond's strategic company plans, financial condition, cooperation with Ryan Cohen ("Cohen") and RC Ventures LLC ("RC"), and reports of shares holding and selling during the Class Period. Specifically, the complaint alleges that: (1) Cohen and Arnal Gustavo ("Gustavo") engaged in a fraudulent scheme to artificially inflate the price of BBBY publicly traded stock, and more specifically, Cohen, Gustavo, and others, with JP Morgan Securities LLC's ("JPM") aiding and abetting, blatantly misrepresented the value and profitability of BBBY causing BBBY to (a) report revenues that was fictitious, and (b) announce publicly that the Company is successfully on the way spinning off Buybuy Baby to "unlock[] full value" of this "tremendous asset", when, in reality, the Buybuy Baby business were small, with minimal revenues, and outside companies would pay BBBY only a small fraction of the announced prices; and (2) among other things, Defendants submitted a materially false and constitutes a false written filing because (a) upon information and belief, Cohen sold most of the 9,450,100 Shares when the filing was submitted; (b) Cohen submitted the SEC filing for the purpose of creating buying frenzy of BBBY stocks so that Cohen can finish selling his shares at artificially inflated price on the public; and (c) Cohen actually dumped most of his shares "as of the date hereof," on August 16, 2022.
A class action lawsuit has already been filed. If you wish to review a copy of the Complaint you can visit the firm's site: www.bgandg.com/bbby or you may contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Bed Bath & Beyond you have until November 7, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has recovered hundreds of millions of dollars for investors nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Yael Nathanson
212-697-6484 | info@bgandg.com
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SOURCE Bronstein, Gewirtz & Grossman, LLC | https://www.whsv.com/prnewswire/2022/09/07/bronstein-gewirtz-amp-grossman-llc-successful-firm-notifies-bed-bath-amp-beyond-inc-bbby-investors-class-action-encourages-investors-actively-participate/ | 2022-09-07T21:06:30Z |
LAS VEGAS, Sept. 7, 2022 /PRNewswire/ -- Cannabis Community College is pleased to announce the launch of its new online education platform, featuring high-value classes taught by industry experts. Students can take courses and get certified at their leisure with every course recording available on-demand. The platform also allows marketplace thought leaders from all over the world the opportunity to promote and sell their knowledge on a highly sophisticated, completely automated back-end system.
Cannabis Community College was specifically developed for job seekers, employees, and enthusiasts of the cannabis industry. The platform is one-of-a-kind, teaching every legal state's educational requirement to work in a licensed marijuana establishment, including state-specific compliance, standard operating procedures, and many essential courses developed to ensure that the students are properly trained with the necessary knowledge and technical skills to work in a variety of settings.
"We are kicking off the updated platform by showcasing our 5 Course Bundle titled "Cannabis Essentials" which was developed by some of the top names from several of the largest public and privately held, vertically integrated, multistate operators in the country," said Christi McAdams, CCC Chairman.
"We did this specifically for two reasons: first, to provide leverage to job seekers applying in a highly competitive market where a single job post easily produces hundreds of applicants, and second, to offer employers a simple and streamlined way to train newly hired staff."
The Cannabis Essentials 5 Course Bundle includes the following courses:
- The state-specific, Compliance Essentials course taught by industry experts, Nova Cobble and Conor Gorman and advised by Pieter Hoolboom and Mark Kimble.
- The Cultivation Essentials course taught by master grower, Evan Marder
- The Dispensary Essentials course taught by dispensary owner, Brenda Gunsallus
- The Production Essentials course taught by Lead Extract Technician, Jordan Annalora from Body and Mind
- The Cultivating A Cannabis Career course taught by HR leader, Bryan Olson
In an effort to reduce barriers to entry, Cannabis Community College is providing its Cannabis Essentials 5 Course Bundle to individuals for an introductory rate of $270, a fraction of the cost of traditional higher education. Payment plans and scholarships are available.
Students and graduates from Cannabis Community College also have access to their online community, various clubs such as the Global Cannabis Industry Networking Group, and live educational webinars. They can also participate in the Cannabis Intern Project, which helps place students at licensed facilities across the country.
For more information about Cannabis Community College, visit www.cannabiscommunitycollege.com
Media contact:
Rachelle Gordon
rachelle@dankwords.com
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SOURCE Cannabis Community College | https://www.whsv.com/prnewswire/2022/09/07/cannabis-community-college-announces-new-online-education-platform/ | 2022-09-07T21:06:37Z |
MINNEAPOLIS, Sept. 7, 2022 /PRNewswire/ -- Centerspace (NYSE: CSR) announced today that it has revised the payable date of the regular quarterly distribution of $0.73 per share/unit, to October 11, 2022 to common shareholders and unitholders of record at the close of business on September 30, 2022.
About Centerspace
Centerspace is an owner and operator of apartment communities committed to providing great homes by focusing on integrity and serving others. Founded in 1970, the company currently owns 83 apartment communities consisting of 14,838 homes located in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. Centerspace was named a Top Workplace for 2022 by the Minneapolis Star Tribune. For more information, please visit www.centerspacehomes.com.
If you would like more information about this topic, please contact Joe McComish, Investor Relations, at (701) 837-7104 or IR@centerspacehomes.com.
Contact Information
Joe McComish, Investor Relations
Phone : (701) 837-7104
E-mail : IR@centerspacehomes.com
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SOURCE Centerspace | https://www.whsv.com/prnewswire/2022/09/07/centerspace-announces-quarterly-dividend-revised/ | 2022-09-07T21:06:43Z |
Visit Booth 12.F42 to experience the latest in LED production lighting
LOS ANGELES, Sept. 7, 2022 /PRNewswire/ -- Cineo Lighting (www.cineolighting.com), an industry leader in innovative production lighting technology, returns to IBC Amsterdam with the new Quantum Ladder. With 100,000 Lumens, the rugged and durable light features 64,000 presets & effects with a built-in power supply. The Quantum Ladder is an ideal solution for space and backdrop lighting for film, broadcast, and streaming productions. The light will be available for sale soon.
"The all-new Quantum Ladder has the pristine white spectrum that Cineo is known for plus full RGB capabilities in a light-weight package," said Joe Mendoza, Vice President of Sales for Cineo Lighting. "All of that high quality light is easily programmed with the unit's intuitive touch screen control and Cineo's StageLynx software."
Cineo's full line features the recently debuted Quantum Studio, Quantum II, LB800, and LightBlade, all of which feature saturated color control along with the high power, hard source ReFlex R15 with liquid-cool technology. All the company's products use proprietary phosphor-converted white light LEDs, as well as phosphor-converted saturated color LEDs to create a balanced, natural looking spectrum. Digital control and a seamless user experience are provided by the proprietary Cineo Stagelynx software. Cineo Stagelynx is standard on every light fixture and now also available for download via the Cineo StageLynx app. Optimized for on-location and on-stage production work for features, television, commercials, streaming, and virtual projects, Cineo Lighting solutions are available across the US and the UK through Universal Production Services (universalproductionservices.com).
Cineo Lighting is a unit of NBCUniversal, one of the world's leading media and entertainment companies in the development, production, and marketing of entertainment, news, and information to a global audience. NBCUniversal owns and operates a valuable portfolio of news and entertainment television networks, a premier motion picture company, significant television production operations, a leading television stations group, world-renowned theme parks, and a suite of leading Internet-based businesses. NBCUniversal is a subsidiary of Comcast Corporation.
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SOURCE Cineo Lighting | https://www.whsv.com/prnewswire/2022/09/07/cineo-lightings-new-quantum-ladder-premiering-ibc-2022/ | 2022-09-07T21:06:49Z |
The delegation, led by Mayor R. Rex Parris, met with government and clean energy business leaders across Japan.
LANCASTER, Calif., Sept. 7, 2022 /PRNewswire/ -- The City of Lancaster joined government and business leaders from around the globe in Tokyo, Japan for World Smart Energy Week, with the goal to form closer ties to accelerate the transition to clean energy solutions, including hydrogen. The city delegation's visit culminated in a keynote speech provided by Mayor R. Rex Parris on Lancaster's leading role in becoming the first hydrogen city in the U.S.
"The City of Lancaster extends its immense gratitude and appreciation to our World Smart Energy Week hosts as we share our forward-looking approach to deploying clean energy solutions, like hydrogen, from the municipal level. This trip is an essential opportunity to meet with officials from our Smart Sister City, Namie, meet with existing business partners like Choshu and form new relationships," said Parris. "Our travels will enable Lancaster to grow tighter bonds with the Japanese business community and share lessons in the global effort to achieve global net-zero goals."
Ahead of the World Smart Energy Week presentation, Mayor R. Rex Parris joined Mayor Eric Garcetti, of the City of Los Angeles, at a Discover LA Event where they discussed green energy solutions. Both mayors share common goals of attracting green hydrogen companies, technology, and investment to the Los Angeles region.
Following the events of World Smart Energy Week, the city delegation will continue to meet with government and business leaders throughout Japan, including:
- Tour Namie, Japan, City of Lancaster's Smart Sister City partner
- Visit TEPCO Dai Ichi nuclear plant
- Meet with Japanese Government Agency Officials
- Tour Choshu facilities with the Governor of Yamaguchi
Parris is a fifth-term Republican mayor who transformed Lancaster into a renewable energy leader over the past decade by attracting more than $2 billion of investment in cutting-edge green companies and technologies. Investors include BYD, which manufactures electric buses; Heliogen, which generates hydrogen from concentrated solar energy; SGH2, which gasifies wastepaper into hydrogen; and Hitachi Zosen Inova (HZI), which converts organic waste into renewable natural gas and hydrogen. The city also started its own utility company, Lancaster Choice Energy, allowing residents to choose local renewable energy at lower prices.
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SOURCE City of Lancaster, California | https://www.whsv.com/prnewswire/2022/09/07/city-lancaster-ca-delegation-fosters-bonds-japan/ | 2022-09-07T21:06:55Z |
Secure File-Sharing from Convoke's Trusted Platform
ARLINGTON, Va., Sept. 7, 2022 /PRNewswire/ -- Convoke, a leader in SaaS solutions for the debt collection market, is pleased to announce the launch of a new product: Freeform - a secure and auditable file-sharing tool built for collaboration between credit issuers and third parties.
Freeform is designed to be a flexible, secure, and easy-to-use collaboration platform for credit issuers, collection agencies, law firms, and debt buyers. With Freeform, users can upload, share, view, and download files easily – all in one centrally managed location. With its clear, intuitive design, Freeform provides endless flexibility for its users' needs. Whether for background checks, third-party audits, ad hoc document sharing, or any other use case, Freeform can support it. It is built with security in mind on Convoke's trusted, independently audited architecture with no data stored in the public cloud. Whether it's commercial sharing systems, other shared drives, or email, all current solutions pose serious security issues and lack systemic organization. Freeform overcomes these problems by allowing Convoke customers to share files securely and easily.
"We are very pleased to present this new product to the recovery industry," said David Pauken, CEO of Convoke. "Credit issuers and their third parties need an easy, flexible, and secure method to send and receive unstructured files on a trusted platform which they can audit to ensure it meets their strict security protocols. Until today, no such solution existed in the market. Convoke is confident that Freeform will add significant value to what we offer to our customers through our existing platform."
Convoke will continue to develop and expand the capabilities of Freeform to fit the changing business and regulatory requirements of credit issuers. Freeform adds to the existing value that Convoke provides to the collections market and foreshadows more innovative products still to come.
Convoke is an oversight management system that is transforming the way credit issuers manage third-party debt collection, leveraging a decade of experience for the issuers it serves. It provides unprecedented transparency and accountability, facilitating issuer debt validation and third-party oversight. With its powerful reporting, tracking, and auditing capabilities, issuers are able to have confidence that they are in compliance with internal and regulatory requirements. Convoke enables credit issuers to grow recovery, reduce costs, improve compliance, and protect their brand. Convoke is headquartered in Arlington, VA. For more information on Convoke, please visit www.convokesystems.com.
Contact
Convoke
Jeffrey Ochs, 571-858-4715
jochs@convokesystems.com
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SOURCE Convoke | https://www.whsv.com/prnewswire/2022/09/07/convoke-launches-new-freeform-product/ | 2022-09-07T21:07:02Z |
SANTA CLARA, Calif., Sept. 7, 2022 /PRNewswire/ -- Couchbase, Inc. (NASDAQ: BASE), provider of a leading modern database for enterprise applications, today announced financial results for its second quarter ended July 31, 2022.
"I'm pleased to report that we delivered results above the high end of guidance, including another quarter of 30% constant currency ARR growth," said Matt Cain, President and CEO of Couchbase. "Our differentiated database-as-a-service Capella continues to build momentum as evidenced by enthusiastic customer receptivity and growing transaction volume. Despite a more challenging macroeconomic environment, we remain confident that our modern database is well positioned to enable our customers to fulfill their digital transformation objectives."
Second Quarter Fiscal 2023 Financial Highlights
- Revenue: Total revenue for the quarter was $39.8 million, an increase of 34% year-over-year. Subscription revenue for the quarter was $37.1 million, an increase of 32% year-over-year.
- Annual recurring revenue (ARR): Total ARR as of July 31, 2022 was $145.2 million, an increase of 26% year-over-year, or 30% on a constant currency basis. See the section titled "Key Business Metrics" below for details.
- Gross margin: Gross margin for the quarter was 88.0%, compared to 88.1% for the second quarter of fiscal 2022. Non-GAAP gross margin for the quarter was 88.7%, compared to 88.3% for the second quarter of fiscal 2022. See the section titled "Use of Non-GAAP Financial Measures" and the tables titled "Reconciliation of GAAP to Non-GAAP Results" below for details.
- Loss from operations: Loss from operations for the quarter was $15.2 million, compared to $14.0 million for the second quarter of fiscal 2022. Non-GAAP operating loss for the quarter was $8.4 million, compared to $12.0 million for the second quarter of fiscal 2022.
- Cash flow: Cash flow used in operating activities for the quarter was $7.7 million, compared to $16.0 million in the second quarter of fiscal 2022. Capital expenditures were $1.7 million during the quarter, leading to negative free cash flow of $9.3 million, compared to negative free cash flow of $16.0 million in the second quarter of fiscal 2022.
- Remaining performance obligations (RPO): RPO as of July 31, 2022 was $166.5 million, an increase of 40% year-over-year.
Recent Business Highlights
- In a sponsored benchmark program with global IT service provider Altoros, Capella significantly outperformed competing database-as-a-service offerings across various workloads and cluster sizes. The performance testing leveraged the Yahoo! Cloud Serving Benchmark standard for NoSQL database benchmarking.
- Announced the general availability of Capella App Services, a fully managed application backend, on Google Cloud. By expanding multi-cloud support for our fully managed offline-first data sync offering, customers can easily move Capella App Services between public clouds.
- Granted a third U.S. patent, this time for innovative use of inverted search indexes for querying array fields in JSON. The patent explains how to build indexes with an unlimited number of array keys and query them efficiently using SQL++, Couchbase's query language. Prior to this innovation, databases could only index a single array key per index, which limited the query performance.
- Introduced the Couchbase Ambassador Program, designed to support and empower Couchbase's community of users and contributors who are passionate about and experts in Couchbase technology to share their knowledge with a broader developer audience.
- Launched the Couchbase Community Hub to better connect users and contributors as well as foster increased sharing, learning and discovery. The Community Hub is a new space for the Couchbase developer community that complements the existing Couchbase Discord server and Couchbase Community Forums.
- Recognized as one of the Best Workplaces in the Bay Area in 2022 by Great Place to Work and Fortune Magazine.
Financial Outlook
For the third quarter and full year of fiscal 2023, Couchbase expects:
The guidance provided above is based on several assumptions that are subject to change and many of which are outside our control. If actual results vary from these assumptions, our expectations may change. There can be no assurance that we will achieve these results.
Couchbase is not able, at this time, to provide GAAP targets for operating loss for the third quarter or full year of fiscal 2023 because of the difficulty of estimating certain items excluded from non-GAAP operating loss that cannot be reasonably predicted, such as charges related to stock-based compensation expense. The effect of these excluded items may be significant.
Conference Call Information
Couchbase will host a live webcast at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Wednesday, September 7, 2022, to discuss its financial results and business highlights. The live webcast and a webcast replay can be accessed from the investor relations page of Couchbase's website at investors.couchbase.com.
About Couchbase
At Couchbase, we believe data is at the heart of the enterprise. We empower developers and architects to build, deploy and run their most mission-critical applications. Couchbase delivers a high-performance, flexible and scalable modern database that runs across the data center and any cloud. Many of the world's largest enterprises rely on Couchbase to power the core applications their businesses depend on. For more information, visit www.couchbase.com.
Couchbase has used, and intends to continue using, its investor relations website and the corporate blog at blog.couchbase.com to disclose material non-public information and to comply with its disclosure obligations under Regulation FD. Accordingly, you should monitor our investor relations website and the corporate blog in addition to following our press releases, SEC filings and public conference calls and webcasts.
Use of Non-GAAP Financial Measures
In addition to our financial information presented in accordance with GAAP, we believe certain non-GAAP financial measures are useful to investors in evaluating our operating performance. We use certain non-GAAP financial measures, collectively, to evaluate our ongoing operations and for internal planning and forecasting purposes. We believe that non-GAAP financial measures, when taken together with the corresponding GAAP financial measures, may be helpful to investors because they provide consistency and comparability with past financial performance and meaningful supplemental information regarding our performance by excluding certain items that may not be indicative of our business, results of operations or outlook. Non-GAAP financial measures are presented for supplemental informational purposes only, have limitations as analytical tools and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP and may be different from similarly-titled non-GAAP financial measures used by other companies. In addition, other companies, including companies in our industry, may calculate similarly-titled non-GAAP financial measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison. Investors are encouraged to review the related GAAP financial measures and the reconciliation of these non-GAAP financial measures to their most directly comparable GAAP financial measures (provided in the financial statement tables included in this press release), and not to rely on any single financial measure to evaluate our business.
Non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating loss, non-GAAP operating margin, non-GAAP net loss attributable to common stockholders and non-GAAP net loss per share attributable to common stockholders: We define these non-GAAP financial measures as their respective GAAP measures, excluding expenses related to stock-based compensation expense and employer taxes on employee stock transactions. We use these non-GAAP financial measures in conjunction with GAAP measures to assess our performance, including in the preparation of our annual operating budget and quarterly forecasts, to evaluate the effectiveness of our business strategies and to communicate with our board of directors concerning our financial performance.
Beginning with the first quarter of fiscal 2023, we have excluded employer payroll taxes on employee stock transactions, which is a cash expense, from our non-GAAP results. These payroll taxes have been excluded from our non-GAAP results because they are tied to the timing and size of the exercise or vesting of the underlying equity awards, and the price of our common stock at the time of vesting or exercise may vary from period to period independent of the operating performance of our business. Prior period non-GAAP financial measures have not been adjusted to reflect this change, and the effect of this change is not material for any period previously presented.
Free cash flow: We define free cash flow as cash used in operating activities less additions of property and equipment, which includes capitalized internal-use software costs. We believe free cash flow is a useful indicator of liquidity that provides our management, board of directors and investors with information about our future ability to generate or use cash to enhance the strength of our balance sheet and further invest in our business and pursue potential strategic initiatives.
Please see the reconciliation tables at the end of this press release for the reconciliation of GAAP and non-GAAP results.
Key Business Metrics
We review a number of operating and financial metrics, including ARR, to evaluate our business, measure our performance, identify trends affecting our business, formulate business plans and make strategic decisions.
We define ARR as of a given date as the annualized recurring revenue that we would contractually receive from our customers in the month ending 12 months following such date. Based on historical experience with customers, we assume all contracts will be automatically renewed at the same levels unless we receive notification of non-renewal and are no longer in negotiations prior to the measurement date. ARR also includes revenue from consumption-based cloud credits of Couchbase Capella products. ARR for Couchbase Capella products is calculated by annualizing the prior 90 days of actual consumption, assuming no increases or reductions in usage. ARR excludes revenue derived from the use of cloud products only based on on-demand arrangements and services revenue. ARR should be viewed independently of revenue, and does not represent our revenue under GAAP on an annualized basis, as it is an operating metric that can be impacted by contract start and end dates and renewal dates. ARR is not intended to be a replacement for forecasts of revenue. Although we seek to increase ARR as part of our strategy of targeting large enterprise customers, this metric may fluctuate from period to period based on our ability to acquire new customers and expand within our existing customers. We believe that our ARR is an important indicator of the growth and performance of our business. We updated our definition of ARR beginning in the first quarter of fiscal 2023 to include revenue from consumption-based cloud credits of Couchbase Capella products by annualizing the prior 90 days of actual consumption, assuming no increases or reductions in usage. The reason for this change is to better reflect the ARR for Couchbase Capella products following the launch of Couchbase Capella in fiscal 2022. ARR for periods prior to the first quarter of fiscal 2023 has not been adjusted to reflect this change as it is not material to any period previously presented.
We also attempt to represent the changes in the underlying business operations by eliminating fluctuations caused by changes in foreign currency exchange rates within the current period. We calculate constant currency growth rates by applying the applicable prior period exchange rates to current period results.
Forward-Looking Statements
This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements include, but are not limited to, quotations of management, the section titled "Financial Outlook" above and statements about Couchbase's market position, strategies and potential market opportunities. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements include all statements that are not historical facts and, in some cases, can be identified by terms such as "anticipate," "expect," "intend," "plan," "believe," "continue," "could," "potential," "remain," "may," "might," "will," "would" or similar expressions and the negatives of those terms. However, not all forward-looking statements contain these identifying words. Forward-looking statements involve known and unknown risks, uncertainties and other factors, including factors beyond our control, which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks include, but are not limited to: our history of net losses and ability to achieve or maintain profitability in the future; our ability to continue to grow on pace with historical rates; our ability to manage our growth effectively; intense competition and our ability to compete effectively; cost-effectively acquiring new customers or obtaining renewals, upgrades or expansions from our existing customers; the market for our products and services being relatively new and evolving, and our future success depending on the growth and expansion of this market; our ability to innovate in response to changing customer needs, new technologies or other market requirements; our limited operating history, which makes it difficult to predict our future results of operations; the significant fluctuation of our future results of operations and ability to meet the expectations of analysts or investors; our significant reliance on revenue from subscriptions, which may decline and, the recognition of a significant portion of revenue from subscriptions over the term of the relevant subscription period, which means downturns or upturns in sales are not immediately reflected in full in our results of operations; and the impact of geopolitical and macroeconomic factors and the ongoing COVID-19 pandemic. Further information on risks that could cause actual results to differ materially from forecasted results are included in our filings with the Securities and Exchange Commission that we may file from time to time, including those more fully described in our Annual Report on Form 10-K for the fiscal year ended January 31, 2022. Additional information will be made available in our Quarterly Report on Form 10-Q for the quarter ended July 31, 2022 that will be filed with the Securities and Exchange Commission, which should be read in conjunction with this press release and the financial results included herein. Any forward-looking statements contained in this press release are based on assumptions that we believe to be reasonable as of this date. Except as required by law, we assume no obligation to update these forward-looking statements, or to update the reasons if actual results differ materially from those anticipated in the forward-looking statements.
The following table presents a reconciliation of free cash flow to net cash used in operating activities, the most directly comparable GAAP measure, for each of the periods indicated (in thousands, unaudited):
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SOURCE Couchbase, Inc. | https://www.whsv.com/prnewswire/2022/09/07/couchbase-announces-second-quarter-fiscal-2023-financial-results/ | 2022-09-07T21:07:08Z |
SAN FRANCISCO, Sept. 7, 2022 /PRNewswire/ -- Demandbase, the Smarter GTM™ company for B2B brands, today announces it ranked #11 on the Best Workplaces in Technology™ for 2022 among small and medium sized businesses. Determined by Fortune Magazine and Great Place to Work®, this list honors tech companies that stand out in treating their employees fairly and creating a great employee experience that cuts across race, gender, age, disability status, or any aspect of who employees are or what their role is. Earning a spot means that Demandbase is one of the best companies to work for in the country.
Demandbase is no stranger to being named a best place to work, as the company has been identified as one the Best Places to Work in the Bay Area by the San Francisco Business Times, as well as one of the Best Workplaces in the Bay Area™, Best Workplaces for Millennials™, and Best Medium Workplaces by Fortune Magazine and Great Place to Work® in the past year alone.
"This award solidifies that every employee at Demandbase knows that our Smarter GTM™ platform isn't just software; it's an indispensable part of our customers' jobs on a daily basis. It's solving the stress that comes from having to achieve more results with fewer resources and the fear of making the wrong decision or missing sales numbers," says Gabe Rogol, chief executive officer of Demandbase. "Our team is highly motivated to keep working hard, building camaraderie, having fun, breaking innovation boundaries, and making a significant difference in the lives of our customers every day."
Great Place to Work® determines its list by using its proprietary For All Methodology to evaluate and certify thousands of organizations in America's largest ongoing annual workforce study. To determine the Best Workplaces in Technology list, Great Place to Work analyzed the survey responses of more than 151,000 employees from Great Place to Work-Certified™ companies in the technology industry.
Customers also feel the difference that comes from working with a team of people who enjoy their work and feel valued. Customer Jay Civitillo, market development manager at Caregility, describes working with Demandbase employees this way, "A successful ABM program is more than technology. It's also about the support the vendor will provide. The Demandbase training, in conjunction with the support team, has been there since day one and continues to support our team here at Caregility. I don't think we would have been as successful as we have been without all the awesome people Demandbase has to help us. And as our ABM capability matures over time, we feel confident that Demandbase is going to be there to support us."
To learn more and see the full list, please visit https://www.greatplacetowork.com/best-workplaces/technology/2022.
For more information about the Demandbase or to join their award-winning team, visit: https://www.demandbase.com/about-us/careers. Demandbase is hiring, especially in product and engineering.
About Demandbase
Demandbase is Smarter GTMTM for B2B brands. We help marketing and sales teams spot the juiciest opportunities earlier and progress them faster by injecting Account Intelligence into every step of the buyer journey and orchestrating every action. For more information about Demandbase, visit www.demandbase.com.
About the Best Workplaces in Technology™
Great Place to Work selected the Best Workplaces in Technology by gathering and analyzing confidential survey responses from more than 151,000 employees from Great Place to Work-Certified™ companies in the technology industry. Company rankings are derived from 60 employee experience questions within the Great Place to Work Trust Index™ survey. Great Place to Work determines its lists using its proprietary For All™ methodology to evaluate and certify thousands of organizations in America's largest ongoing annual workforce study, based on over 1 million survey responses and data from companies representing more than 6.1 million employees, this year alone. Read the full methodology. To get on this list next year, start here.
About Great Place to Work®
Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.
Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.
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SOURCE Demandbase | https://www.whsv.com/prnewswire/2022/09/07/demandbase-named-2022-best-workplace-technology-by-fortune-magazine-great-place-work-ranking-11/ | 2022-09-07T21:07:15Z |
America's Diner serves up 10 delicious menu items for guests all day long, starting at $5.99
SPARTANBURG, S.C., Sept. 7, 2022 /PRNewswire/ --With rising inflation and tightening budgets, Americans continue to seek relief and look to stretch their hard-earned dollars as far as possible, especially when it comes to mealtime. Today, Denny's announced a new value menu, featuring 10 delicious meal options perfect to enjoy any time of day or night starting at just $5.99.
With the launch of this new menu, Denny's raises the bar on what it means to serve quality meals at great prices.
"The time for value is now as more and more Americans across the country experience difficult moments and seek the ultimate bang for their buck," said Denny's President John Dillon. "Delighting guests with delicious meals and impeccable service is a hallmark of the Denny's brand, and with the launch of All Day Diner Deals, we're pleased to go all in on this next phase of delivering everyday value to our guests."
Denny's All Day Diner Deals boasts something for everyone with wallet-friendly prices ranging from $5.99 to $10.59. From the classic Everyday Value Slam to a delicious new twist on fan favorite Moons Over My Hammy, the new menu is designed to satisfy any craving, morning, noon or night. The 10 meals on the All Day Diner Deals menu include:
- Everyday Value Slam – At $5.99, the Everyday Value Slam features eggs and two bacon strips or sausage links, included with guests' choice of two buttermilk pancakes, one slice of French toast, or a biscuit and gravy.
- Scrambled Eggs & Cheddar Breakfast – Starting at $6.99, this dish includes scrambled eggs with cheddar cheese, plus bacon strips, sausage links and buttermilk pancakes.
- Two-Egg Moons Over My Hammy Omelette – Starting at $7.59, this new twist on a fan-favorite features a two-egg omelet with ham, Swiss and American cheese. It's served with hash browns and a choice of bread.
- Fried Cheese Melt Sandwich – Starting at $6.99, the Fried Cheese Melt Sandwich includes five fried mozzarella sticks and melted American cheese grilled between two slices of artisan bread. It's served with wavy-cut fries and a side of tomato sauce.
- Half Super Bird Sandwich – Starting at $6.99, the Half Super Bird Sandwich features sliced deli turkey with Swiss cheese, bacon and tomato on grilled artisan bread. It's served with wavy-cut fries or a cup of soup.
- BLT Sandwich – Starting at $7.99, the BLT Sandwich includes bacon, lettuce, tomato and mayo on grilled artisan bread and is served with wavy-cut fries.
- Crispy Chicken Bacon Ranch Sandwich – Starting at $8.99, this sandwich features fried chicken breast with white cheddar cheese, bacon, lettuce, tomato and Ranch dressing on grilled artisan bread. It's served with wavy-cut fries.
- Cheeseburger – Starting at $7.59, a 4-ounce 100% beef patty is topped with American cheese and includes lettuce, tomato, red onion and pickles on a split-top Brioche bun. It's served with wavy-cut fries.
- Plate Lickin' Chicken Fried Chicken Dinner – Starting at $8.99, a golden-fried boneless chicken breast is smothered in country gravy and served with two sides and dinner bread.
- Country Fried Steak Dinner – Starting at $8.99, a chopped beef steak is smothered in country gravy and served with two sides and dinner bread.
Giving Consumers Deals as Good as They Get on the All Day Diner Deals Menu
To celebrate the All Day Diner Deals menu, the brand is launching Denny's Deal-icious Days Sweepstakes, giving lucky consumers a chance to purchase 10 highly sought-after prizes like a trip for two on Carnival Cruise Line or a home theater system, for just $5.99 each. The sweepstakes begins Wednesday, September 7, 2022 and the first prize will be released on Wednesday, September 14, 2022, with one new item announced each Wednesday through November 16, 2022. To enter, consumers must visit https://dennys.wyng.com/DealiciousDays during the Sweepstakes period, complete the registration form and agree to the Official Rules.*
The All Day Diner Deals menu is available in Denny's locations nationwide and can be ordered online at Dennys.com or through the new Denny's iOS and Android app.
* NO PURCHASE OR PAYMENT NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. VOID WHERE PROHIBITED BY LAW OR REGULATION. The "Denny's Deal-icious Days Sweepstakes" is open only to legal residents of the 50 United States and the District of Columbia, eighteen (18) years of age or age of majority in the state you reside, whichever is older at the time of entry. By entering this Sweepstakes, you are providing your information to the Sponsor and Administrator, and it will only be used in accordance with the respective privacy policies. Denny's Deal-icious Days official sweepstakes rules can be viewed in entirety here: Deal-icious Days (wyng.com).
About Denny's Corp.
Denny's Corporation is the franchisor and operator of the Denny's brand, of one of America's largest franchised full-service restaurant chains, based on the number of restaurants. As of June 29, 2022, Denny's had 1,631 franchised, licensed, and company restaurants around the world including 154 restaurants in Canada, Puerto Rico, Mexico, the Philippines, New Zealand, Honduras, the United Arab Emirates, Costa Rica, Guam, Guatemala, El Salvador, Indonesia, and the United Kingdom. For further information on Denny's, including news releases, please visit the Denny's website at www.dennys.com or the brand's social channel via Facebook, Twitter, Instagram, TikTok, LinkedIn or YouTube.
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SOURCE Denny's | https://www.whsv.com/prnewswire/2022/09/07/dennys-doubles-down-its-commitment-value-with-new-all-day-diner-deals-menu/ | 2022-09-07T21:07:22Z |
HOUSTON, Sept. 7, 2022 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) announced today that Bernie Wolford, Jr., President and Chief Executive Officer, is scheduled to present at the Pareto Securities' Energy Conference in Oslo, Norway on Wednesday, September 14, 2022.
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/.
Contact:
Kevin Bordosky
Senior Director
Investor Relations
(281) 647- 4035
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SOURCE Diamond Offshore Drilling, Inc. | https://www.whsv.com/prnewswire/2022/09/07/diamond-offshore-present-pareto-securities-energy-conference/ | 2022-09-07T21:07:29Z |
HOUSTON, Sept. 7, 2022 /PRNewswire/ -- The National Digital Inclusion Alliance (NDIA) announced today that Easter Seals Greater Houston will be one of 18 organizations that will launch the National Digital Navigator Corps.
The grant is part of a $10 million investment from Google.org, which will support the hiring of the community-based digital navigators alongside programmatic and technical support to further develop NDIA's digital navigator model for rural communities. Digital navigators at the 18 selected sub-grantee organizations, including at Easter Seals Greater Houston, will help thousands of residents to gain much-needed access to the internet, devices, and digital skills training.
Easter Seals Greater Houston will use the $389,000 grant to hire, train, and support a digital navigator, who will serve the community over a two-and-a-half year period. Expanding the capacity of BridgingApps with a rural digital navigator will enable ESGH to bring much-needed digital inclusion to some of the hardest to reach groups that could most benefit from support with broadband connectivity, device ownership, and digital skills to more fully participate in educational, economic, social, and civic opportunities.
"We are so grateful for NDIA's support of Easter Seals Greater Houston's BridgingApps Program to address the needs of our rural communities through Digital Navigators. Our community is stronger when we are all included." – Elise Hough, CEO, Easter Seals Greater Houston
"These grants are about more than just funding. By launching the National Digital Navigator Corps, we are extending the digital navigator model to areas of the United States lacking resources," said Angela Siefer, executive director of NDIA. "These digital navigators will open doors to residents to transform their lives by engaging in online opportunities, including education, workforce, citizen participation, and social activities."
The 18 National Digital Navigator Corps grantees are:
- Alaska Federation of Natives, AK (Tribal-led)
- Cayuse Native Solutions, OR (Tribal-led)
- Cherokee Nation Tribe, OK (Tribal-led)
- Community Broadband Action Network Corp, IA
- Community Service Programs of West Alabama, Inc., AL
- Computer Reach, PA
- Easter Seals of Greater Houston, Inc., TX
- Forest County Broadband Committee, WI (serving Tribal communities)
- Gila River Broadcasting Corporation: Digital Connect Initiative, AZ (Tribal-led)
- Hocking Athens Perry Community Action, OH
- Hoopa Valley Public Utilities District, CA (Tribal-led)
- Lummi Indian Business Council, WA (Tribal-led)
- National Digital Equity Center, ME (serving Tribal communities)
- Northwestern Ohio Community Action Commission, OH
- Pottsboro Area Public Library, TX
- Pueblo of Jemez, NM (Tribal-led)
- Shaping Our Appalachian Region, Inc., KY
- Washington State University Extension Grays Harbor County, WA (serving Tribal communities)
About Easter Seals Greater Houston: As a lead affiliate in our national network of 67 affiliates in 48 states, Easter Seals Greater Houston impacts people where they need us most — school, work, home, and in the community — from the critical first five years of life onward. Each year we directly serve over 14,500 people, providing early childhood and therapy services, mental health, employment programs, adult day programs, Military and Veterans' services, and more.
For children and adults with disabilities, for veterans and seniors, and for families and caregivers through Harris and 16 surrounding counties, ESGH is leading the way to full equity and inclusion through life changing disability and community services. With the help of our community, we are reducing poverty and addressing financial stability; Improving health care and employment, and empowering people of all ages and abilities to be full and equal participants in our community. Easter Seals of Greater Houston operates: Early Childhood Intervention; Respite Services; Toy/Tech & Play Groups, BridgingApps© (bridgingapps.org) ; High School/High Tech; Financial Education and Down Payment Assistance; Children's Therapy Services; The Caroline School, Camps, Case Management, Employment/Transition Services; Adult Recreation, and Military/Veterans Services. For more information about Easter Seals Greater Houston, visit www.eastersealshouston.org or visit us on Facebook and Twitter (@eastersealshou).
About National Digital Inclusion Alliance: NDIA advances digital equity by supporting community programs and equipping policymakers to act. Working collaboratively with more than 850 digital inclusion practitioners, NDIA advocates for broadband access, tech devices, digital skills training, and tech support. Please see more information and join the NDIA community at digitalinclusion.org.
About Google.org: Google.org, Google's philanthropy, supports nonprofits that address humanitarian issues and apply scalable, data-driven innovation to solving the world's biggest challenges. We accelerate their progress by connecting them with a unique blend of support that includes funding, products, and technical expertise from Google volunteers. We engage with these believers-turned-doers who make a significant impact on the communities they represent, and whose work has the potential to produce meaningful change. We want a world that works for everyone—and we believe technology and innovation can move the needle.
What Is a Digital Navigator?: Digital navigators are trusted guides who assist community members in internet adoption and the use of computing devices. Digital navigation services include ongoing one-on-one assistance with affordable internet access, device acquisition, technical skills, and application support. The digital navigator model is a holistic, community-based, digital inclusion program established by NDIA and developed by the NDIA community of digital inclusion practitioners. See more information and resources at digitalinclusion.org/dn.
Contact: Lauren Johnson, Public Relations Associate
Easter Seals Greater Houston
Ljohnson@eastersealshouston.org
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SOURCE Easter Seals Greater Houston | https://www.whsv.com/prnewswire/2022/09/07/easter-seals-greater-houston-named-ndia-national-digital-navigator-corps-grantee/ | 2022-09-07T21:07:37Z |
From Network, Data and Voice to Call Center solutions, Velocity's Managed Services enable companies to outsource management of their large, multi-location IT networks to the experts
HOLLAND, Ohio, Sept. 7, 2022 /PRNewswire/ -- Velocity, a rapidly growing provider of managed services nationwide with a blue chip customer base, has been chosen by Enterprise Networking magazine as one of the nation's top ten purveyors of network management solutions in its annual edition.
Velocity specializes in applying a wide range of its core networking services to meet the unique and acute needs of those companies who have a large, geographically dispersed 'network of networks'.
A typical Velocity customer could be a large hotel, retail, or restaurant chain or any entity with numerous branch locations that can literally number into the hundreds of sites. These networks often have complex management needs that can be more cost-effectively outsourced to Velocity while simultaneously improving quality of service and simplifying operations.
As the article explains, "…a one-stop-shop, the company offers a comprehensive suite of technology solutions and support services for the hospitality, retail, healthcare, entertainment…" and other industries. "The company covers the entire spectrum of network management needs, including everything from managing security platforms to providing Wi-Fi and VoIP solutions."
"Most companies who must maintain operations with these kinds of very large, connected networks find it difficult to meet those challenges with their internal IT resources," said Mark Walker, President and COO of Velocity. "They eventually realize that economies of scale are better realized with an outside vendor like Velocity who is built to meet those specific challenges. This recognition from Enterprise Networking is just the most recent evidence of the compelling value proposition we bring to the table."
Velocity can deliver end-to-end management services by leveraging a network backbone of 13 redundant data centers and 5,500+ certified technicians across the nation, along with 450 carrier agreements supporting its status as a CLEC in all 50 states. In addition to a full portfolio of managed services for IT networks, Velocity also offers Digital Signage, Digital/Mobile Advertising solutions, and related complimentary services to customers.
One of Velocity's more unique offerings is "no-charge" TEM, or Technology Expense Management, which Velocity delivers at no charge for guaranteed cost savings. TEM is a process for pro-actively managing wireless, voice, and data to eliminate duplicative telecom costs across networks, reducing risk and otherwise cutting telecom costs.
Velocity's portfolio of managed services also includes managed network and data services; voice services and solutions; call center services; on-site technician services; repair depot services; back office support; project management and media solutions; digital signage; advertising networks; and more.
Velocity delivers customized IT managed services such as IT support, network management, voice and data connectivity, multinational data networking, on-site repairs and service, field project rollouts and implementations, free-to-guest TV and Wi-Fi solutions, digital signage and DOOH media solutions, and more in the retail, hospitality, healthcare, and entertainment industries. Velocity is a privately held company with approximately 550 employees, 13 redundant data centers, 5,500+ certified technicians throughout the U.S., and 450 carrier agreements and is a CLEC in all 50 states. For more information, visit www.velocitymsc.com.
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SOURCE Velocity, A Managed Services Company | https://www.whsv.com/prnewswire/2022/09/07/enterprise-networking-magazine-names-velocity-one-top-10-network-management-solutions-providers-2022/ | 2022-09-07T21:07:43Z |
TORONTO, Sept. 7, 2022 /PRNewswire/ - Equitable Bank (the "Bank" or "Equitable"), a wholly owned subsidiary of EQB Inc. (the "Company") (TSX: EQB) (TSX: EQB.PR.C) (TSX: EQB.R) today announced it is increasing its prime lending rate by 75 basis points to 5.45% from 4.70%, effective September 8, 2022.
About Equitable Bank
EQB Inc. trades on the Toronto Stock Exchange (TSX: EQB, EQB.PR.C and EQB.R) and serves more than 360,000 Canadians through its wholly owned subsidiary Equitable Bank, Canada's Challenger Bank™. Equitable Bank has a clear mandate to drive change in Canadian banking to enrich people's lives. Founded over 50 years ago, Equitable Bank provides diversified personal and commercial banking and through its EQ Bank platform (eqbank.ca) has been named the top Schedule I Bank in Canada on the Forbes World's Best Banks 2022 and 2021 lists. Please visit equitablebank.ca for details.
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SOURCE Equitable Bank | https://www.whsv.com/prnewswire/2022/09/07/equitable-bank-increases-prime-rate/ | 2022-09-07T21:07:50Z |
JACKSONVILLE, Fla., Sept. 7, 2022 /PRNewswire/ -- Fidelity National Financial, Inc. (NYSE: FNF), a leading provider of title insurance and transaction services to the real estate and mortgage industries and a leading provider of insurance solutions serving retail annuity and life customers and institutional clients through FNF's wholly-owned subsidiary, F&G, today announced the appointment of Joe Grealish as President, Eastern Operations.
In this role, Grealish will assume management responsibility for all direct commercial, residential, and ancillary operations in the Eastern United States and for FNF's direct title operations throughout Canada. Grealish will also lead many key initiatives for the company, including a focus on talent acquisition and recruiting, and the acquisition of key title companies in the East to expand the FNF family of title companies' direct footprint.
"In his 35-year career, Joe has proven himself at the operational, regional, and division levels," said Mike Nolan, CEO, Fidelity National Financial. "Joe has direct operational experience in the West, Midwest, Southeast, and East markets, and has a deep understanding of not only our management philosophy, but also the title industry. I look forward to continued growth under Joe's leadership."
Fidelity National Financial, Inc. (NYSE: FNF) is a leading provider of title insurance and transaction services to the real estate and mortgage industries. FNF is the nation's largest title insurance company through its title insurance underwriters - Fidelity National Title, Chicago Title, Commonwealth Land Title, Alamo Title and National Title of New York - that collectively issue more title insurance policies than any other title company in the United States. More information about FNF can be found at fnf.com.
F&G is part of the FNF family of companies. F&G is committed to helping Americans turn their aspirations into reality. F&G is a leading provider of insurance solutions serving retail annuity and life customers and institutional clients and is headquartered in Des Moines, Iowa. For more information, please visit fglife.com.
FNF-G
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SOURCE Fidelity National Financial, Inc. | https://www.whsv.com/prnewswire/2022/09/07/fidelity-national-financial-announces-joe-grealish-president-eastern-operations/ | 2022-09-07T21:07:57Z |
FN Media Group Presents USA News Group News Commentary
VANCOUVER, British Columbia, Sept. 7, 2022 /PRNewswire/ -- USA News Group –Rebounding from the previous slowdowns, the airline industry is in a resurgence that's expected to regain industry-wide profitability in 2023, with North America already expected to deliver an $8.8 billion profit in 2022. Many lessons were learned during the health crisis, and now customers are demanding more from their carriers, including increased menu options, most notably demanding more vegetarian- and vegan-friendly options. Recently Air Canada (TSX: AC) (OTCQX: ACDVF) took a public tongue-lashing from a travel blogger specifically for its lack of delivering upon vegan orders, while American Airlines Group Inc. (NASDAQ: AAL) has also taken criticism for its inconsistency. Responding to these concerns, the airlines have sprung into action to re-establish trust with vegetarian and vegan clientele, including American Airlines adding a popular new vegan cookie dough bars snack option, United Airlines Holding, Inc. (NASDAQ: UAL) and Delta Air Lines, Inc. (NYSE: DAL) each teaming up with Impossible Foods, and Air Canada tapped Pangea Natural Foods (CSE: PNGA) (OTCQB: PNGAF) to provide a new high-protein snack mix to its flights.
In-flight catering is big business, with the world's in-flight catering services market expected to reach $21.5 billion by 2024.
In the case of Pangea Natural Foods (CSE:PNGA), getting picked up by a major carrier such as Air Canada (TSX: AC) (OTCQX:ACDVF) is a major win, as it's Canada's largest domestic and international airline with a fleet of over 330, serving more than 160 destinations, and flying up to 438 daily flights between Canada and the United States alone. Together with Air Canada Rouge and Air Canada Express partners, Air Canada provides scheduled passenger service directly to 51 Canadian airports, 46 destinations in the United States and 67 airports in Europe, the Middle East, Asia, and Africa.
While technically vegetarian and not vegan (due to its white chocolate chips), Pangea's Munchie Mix is a superfood rich snack made with dried cranberries, white chocolate chips, roasted cashews, almonds and pumpkin seeds. Pangea manufactures the Munchie Mix, along with their Plant-Based Patties and Old Fashioned Ghee in-house at their Vancouver Lower Mainland facility, which has been approved by both the Canadian Food Inspection Agency and the U.S. Food and Drug Administration.
"The introduction of Munchie Mix into Pangea's product line is yet another opportunity for us to bring high-quality products to the market," said Pangea CEO Pratap Sandhu. "All ingredients are free of GMOs and packed with antioxidants, magnesium, manganese, zinc and vitamin E. We are thrilled to introduce the Munchie Mix to Air Canada's large network of routes, thus expanding our distribution beyond just an e-commerce and retail footprint."
Prior to the announcement, Pangea had made its splash on the market by establishing its other products, the Pangea Plant-Based Patties and Old Fashioned Ghee via their online website and through over 250 retail outlets across Canada and the United States.
For first-class customers on flights in the United States, American Airlines Group Inc. (NASDAQ:AAL) is now offering a delicious line of plant-based, on-the-go cookie dough bars from Whoa Dough.
"Having a major airline carry our line is incredibly exciting for us, as we are eager for Whoa Dough to be enjoyed by millions of travelers every day who are looking for a healthier all-natural snack—without compromising on taste during their flight," said Whoa Dough founder Todd Goldstein. "Our snack bars are also ideal for passengers with dietary registrations."
Created with no artificial ingredients, Whoa Dough's Chocolate Chip Cookie Dough flavor is one of the brand's most popular varieties with customers. Each bar contains 4 grams of protein, 5 grams of fat, and 9 grams of sugar, all with only 150 calories, and are also certified gluten-Free, Vegan, Dairy-Free, Soy-Free, Egg Free, OU Kosher, and Non-GMO Project Verified.
Earlier this year, both Delta Air Lines, Inc. (NYSE:DAL) and United Airlines Holding, Inc. (NASDAQ:UAL) each added to their menus by tapping into the expertise of Impossible Foods which is expected to go public soon, either through a traditional IPO or a SPAC merger.
In the case of Delta, they featured the work of Impossible Foods by debuting new plant-based menu options in March. For United, their similar announcement came later in June.
"Not only are plant-based meats like Impossible™ Burger delicious to eat, but they're also often better for the environment, using far less land and water to produce," said Kristen Manion Taylor, SVP – In-Flight Service for Delta. "These new options are one part of Delta's broader mission to promote a wellness-focused travel journey."
Delta flights went on to not only include the Impossible Burger, but also Impossible's plant-based meatballs, as well as plant-based lamb meatballs from Black Sheep Foods, cauliflower cakes, and a warm seasonal vegetable plate.
United customers went on to be treated to an exclusive Impossible Meatball Bowl on select US flights, as well as Impossible Sausage made from plants in select Polaris lounges.
"We want our food offerings to evolve and change along with people's preferences – we're proud to work with Impossible Foods and think our customers are really going to love these new options," said Aaron McMillan, United Managing Director of Hospitality and Planning. "To many travelers, the quality of food choices at the airport and in the sky are a really important part of the customer experience, so we're invested in making sure our menu items exceed their expectations."
Article Source:
USA News Group
http://USAnewsgroup.com info@usanewsgroup.com
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Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. USA News Group is a wholly-owned subsidiary of Market IQ Media Group, Inc. ("MIQ"). MIQ has been paid a fee for Pangea Natural Foods Inc. advertising and digital media from Maynard Communication Limited. There may be 3rd parties who may have shares of Pangea Natural Foods Inc., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ owns shares of Pangea Natural Foods Inc. which were purchased in the open market at least 72 hours after our initial coverage date of the company. MIQ reserves the right to buy and sell, and will buy and sell shares of Pangea Natural Foods Inc. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ on/about Pangea Natural Foods Inc. has been reviewed and approved by the principals at Pangea Natural Foods Inc.; this is a paid advertisement, and while we do own shares of Pangea Natural Foods Inc. that were purchased in the open market, we plan on buying and selling more shares of Pangea Natural Foods Inc. in the open market. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
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SOURCE USA News Group | https://www.whsv.com/prnewswire/2022/09/07/fliers-more-frequently-requesting-tastier-healthier-food-their-in-flight-menus/ | 2022-09-07T21:08:03Z |
CLEARWATER, Fla., Sept. 7, 2022 /PRNewswire/ -- Great Place to Work® and Fortune magazine have honored BayCare as one of the 2022 Best Workplaces in Health Care™. This is BayCare's 6th time being named to the prestigious list, this year coming in at 21st place. Earning a spot means that BayCare is one of the best companies to work for in the country.
The Best Workplaces in Health Care award is based on analysis of survey responses from over 161,000 current employees in the health care industry. In that survey, 85% of BayCare's employees said BayCare is a great place to work. This number is 28% higher than the average U.S. company.
"Our team members are the reason BayCare is the best place to provide and receive care," said BayCare President and CEO Tommy Inzina. "This recognition celebrates our collective commitment to BayCare's mission, vision and values - trust, dignity, respect, excellence, and responsibility – as well as our dedication to high-quality, compassionate care."
The Best Workplaces in Health Care list is highly competitive. Great Place to Work, the global authority on workplace culture, selected the list using rigorous analytics and confidential employee feedback. Companies were only considered if they are a Great Place to Work-Certified™ organization.
Great Place to Work is the only company culture award in America that selects winners based on how fairly employees are treated. Companies are assessed on how well they are creating a great employee experience that cuts across race, gender, age, disability status, or any aspect of who employees are or what their role is.
"It is our honor to spotlight the Best Workplaces in Health Care," says Michael C. Bush, CEO of Great Place to Work. "Health care heroes have been on the front lines saving lives, and these organizations dug deep to tailor their support to the rapidly changing demands from the pandemic. We applaud their commitment to inclusive, high-trust cultures."
In 2021, BayCare also ranked as a 100 Best Companies to Work FOR®. In addition, the health system was named last week to the 2022 PEOPLE Companies that Care® list.
BayCare is a leading not-for-profit health care system that connects individuals and families to a wide range of services at 15 hospitals and hundreds of other convenient locations throughout the Tampa Bay and central Florida regions. The system is West Central Florida's largest provider of behavioral health and pediatric services and its provider group, BayCare Medical Group, is one of the largest in the region. BayCare's diverse network of ambulatory services includes laboratories, imaging, surgical centers, BayCare Urgent Care locations, wellness centers and one of Florida's largest home care agencies, BayCare HomeCare. It's Medicare Advantage insurance, BayCarePlus, is among the region's few 5-star-rated plans and the system is ranked in the top 20 percent by IBM Watson Health® Top Health Systems. BayCare's mission is to improve the health of all it serves through community-owned, health care services that set the standard for high-quality, compassionate care.
Great Place to Work selected the Best Workplaces in Health Care by gathering and analyzing confidential survey responses from more than 161,000 employees at Great Place to Work-Certified™ organizations in the health care industry. Company rankings are derived from 60 employee experience questions within the Great Place to Work® Trust Index™ survey. Great Place to Work determines its lists using its proprietary For All™ methodology to evaluate and certify thousands of organizations in America's largest ongoing annual workforce study, based on over 1 million survey responses and data from companies representing more than 6.1 million employees, this year alone. Read the full methodology. To get on this list next year, start here.
Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.
Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.
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SOURCE BayCare Health System | https://www.whsv.com/prnewswire/2022/09/07/fortune-great-place-work-name-baycare-one-2022-best-workplaces-health-care-ranking-21/ | 2022-09-07T21:08:10Z |
CLEVELAND, Sept. 7, 2022 /PRNewswire/ -- According to the new study Global Form-Fill-Seal (FFS) Packaging Machinery, global demand for FFS machinery is projected to increase 6.9% annually to $5.2 billion in 2026. The Asia/Pacific, North America, and Western Europe regions will account for 86% of additional demand during the forecast period because they each feature an immense, diverse, and highly-competitive manufacturing sector. Combined product sales in the smaller Africa/Mideast, Eastern Europe, and Central and South America markets are expected to grow nearly 8% annually in 2026, but gains in absolute terms will be modest.
The expansion of the global food, pharmaceutical and personal care product, and chemical industries – as well as rising industry mechanization rates in developing nations and increasing sales of more sophisticated equipment, including both automated and specialty models – will provide impetus for growth through 2026. In addition, demand will be supported by the increasing share of products packaged in pouches, which primarily use FFS for production.
FFS packaging machinery can be segmented into horizontal and vertical filler types. Horizontal FFS equipment forms packages horizontally before filling and sealing them, while vertical FFS equipment does so vertically. Some horizontal FFS units – such as stand-up pouch bag machines – produce packages horizontally and then drop product into them.
About the Freedonia Group - The Freedonia Group, a division of MarketResearch.com, is the premier international industrial research company, providing our clients with product analyses, market forecasts, industry trends, and market share information. From one-person consulting firms to global conglomerates, our analysts provide companies with unbiased, reliable industry market research and analysis to help them make important business decisions. With over 100 studies published annually, we support over 90% of the industrial Fortune 500 companies. Find off-the-shelf studies at https://www.freedoniagroup.com/ or contact us for custom research: +1 440.842.2400.
Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com
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SOURCE The Freedonia Group | https://www.whsv.com/prnewswire/2022/09/07/global-demand-form-fill-seal-packaging-machinery-grow-nearly-7-annually/ | 2022-09-07T21:08:17Z |
MCKINNEY, Texas, Sept. 7, 2022 /PRNewswire/ -- Globe Life Inc. (NYSE: GL) announced that its Board of Directors has declared a quarterly dividend of $.2075 per share on all of the outstanding common stock of the Company held of record as of close of business of the Company's transfer agent on October 7, 2022. The dividend will be paid on November 1, 2022.
Globe Life Inc. is a holding company specializing in life and supplemental health insurance for "middle income" Americans marketed through multiple distribution channels including direct to consumer and exclusive and independent agencies.
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SOURCE Globe Life Inc. | https://www.whsv.com/prnewswire/2022/09/07/globe-life-inc-declares-dividend/ | 2022-09-07T21:08:23Z |
Goodwill Industries® of Greater NY and Northern NJ hosted a ribbon-cutting ceremony on Sep. 6 to launch its Middletown, NY location that brings job opportunities, helps local residents donate and reuse, and becomes the "Halloween central" and the sustainable fashion family destination in the Middletown/Wallkill area
MIDDLETOWN, N.Y., Sept. 7, 2022 /PRNewswire/ -- Goodwill Industries® of Greater New York and Northern New Jersey, Inc. (Goodwill NYNJ) held a ribbon cutting ceremony on Tuesday, September 6 to celebrate the official opening of its new store and donation center in the Dunning Farms Plaza located at 88 Dunning Rd., Middletown, NY 10940. Store hours are 10 a.m. to 6 p.m., seven days a week.
The 12,000 sq.-ft. Goodwill Store is the second Goodwill location in Orange County. The nearest Goodwill store in the county is located in the Vails Gate/New Windsor area at 374 Windsor Highway, New Windsor, NY 12553. The Dunning Farms Goodwill NYNJ store and donation center offers a huge selection of pre-loved women's, men's, and kids' clothing, and household wares, becoming a sustainable shopping destination at affordable prices. The "$2 Tuesdays" Goodwill NYNJ promotion offers different items each week – t-shirts, shorts, pants - at only $2 in all Goodwill NYNJ stores. Learn about promotions and events via social media, Twitter: @GoodwillNYNJ, and Facebook or Instagram: GoodwillNYNJ.
Because Goodwill NYNJ is a nonprofit organization, tax receipts are available for donors upon request. For guidelines on what Goodwill NYNJ does and doesn't accept, to find the nearest store, to request a tax receipt for your donation, and to learn how your donations impacts lives in your community, please check the Goodwill NYNJ website
In 2021, Goodwill NYNJ stores helped re-purpose more than 40 million pounds of pre-loved clothing and home goods throughout its territory, successfully saving nearly 59k metric tons of CO2 from polluting the atmosphere. Also last year, Goodwill NYNJ provided services for more than 10,000 people, half of them individuals with disabilities.
"We are excited to open a Goodwill store in this area and are glad that everyone knows us as the thrift store where people can get great clothing, but we're more than thrift. Last year, we provided services for more than 1,000 people in this area, New York City, Northern NJ, half of them individuals with disabilities, to help them get jobs," said Katy Gaul-Stigge, Goodwill NYNJ President and CEO. "It is important for a non-profit charity like Goodwill to operate and keep local jobs here in the Orange County region. We are grateful for the warm welcome from our loyal shoppers and donors and look forward to becoming an integral member of the community. Thanks to NYS Assemblywoman Aileen Gunther (D-100), Wallkill Town Supervisor George Serrano, John Ross, Office of NYS Assemblymember Colin Schmitt (D-99), and Heather Bell, President/CEO Orange County Chamber of Commerce, for joining us today!"
In addition to treasure hunting at Goodwill stores, customers may shop online from the comfort of their homes at our ShopGoodwill page
About Goodwill NYNJ:
Goodwill Industries of Greater New York and Northern New Jersey, Inc. (Goodwill NYNJ) is a 501(c)(3) nonprofit organization that operates retail stores throughout the region powered by donations of clothing and household items. Goodwill NYNJ translates those donations into workforce development services for people with disabilities and those who are unemployed, and job training leading to employment. Annually, Goodwill NYNJ services build better lives for thousands of New York City Metropolitan Area residents and their families. For over 107 years, the agency's mission has been to empower individuals with disabilities and other barriers to employment to gain independence through the power of work. Learn more about Goodwill NYNJ at http://www.goodwillnynj.org; follow us on Twitter: @GoodwillNYNJ; and find us on Facebook or Instagram: GoodwillNYNJ.
Contact: Jose Medellin | jmedellin@goodwillnynj.org | (646) 238-9133 mobile
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SOURCE Goodwill NYNJ | https://www.whsv.com/prnewswire/2022/09/07/goodwill-nynj-officially-opens-new-store-amp-donation-center-middletown-ny/ | 2022-09-07T21:08:29Z |
SAN FRANCISCO, Sept. 7, 2022 /PRNewswire/ -- Great Place to Work® and Fortune have honored LendingClub as one of the 2022 Best Workplaces in Financial Services & Insurance™. With LendingClub becoming Great Place to Work® certified earlier this year, this is the first time LendingClub has been recognized on the Fortune list.
The Best Workplaces in Financial Services & Insurance award is based on analysis of survey responses from more than 176,000 employees from Great Place to Work-Certified™ companies in the financial services and insurance industry. In that survey, 89% of employees at LendingClub say it is a great place to work compared to 57% of employees at a typical U.S.-based company.
"LendingClub's culture and mission-based approach to financial services really sets us apart," said Tina Wilson, LendingClub's Chief People Officer. "As COVID has accelerated Americans' move to digital banking, LendingClub's mission to help our members on their path to financial health inspires us every day. Making this list shows how fulfilling that work is for our 1000+ LendingClubbers."
The Fortune Best Workplaces in Financial Services & Insurance award is highly competitive. Great Place to Work, the global authority on workplace culture, selected the list using rigorous analytics and confidential employee feedback. Companies were only considered if they were a Great Place to Work-Certified™ organization.
Great Place to Work is the only company culture award in America that selects winners based on how fairly employees are treated. Companies are assessed on how well they are creating a great employee experience that cuts across race, gender, age, disability status, or any aspect of who employees are or what their roles are.
"These companies have adapted to the challenges of an ever-changing workplace by their commitment to inclusive, high-trust cultures where employees are treated as human beings first and foremost," says Michael C. Bush, CEO of Great Place to Work. "Congratulations to the Best Workplaces in Financial Services & Insurance."
About LendingClub
LendingClub Corporation (NYSE: LC) is the parent company of LendingClub Bank, National Association, Member FDIC. LendingClub Bank is the leading digital marketplace bank in the U.S., where members can access a broad range of financial products and services designed to help them pay less when borrowing and earn more when saving. Based on more than 150 billion cells of data and over $75 billion in loans, our advanced credit decisioning and machine-learning models are used across the customer lifecycle to expand seamless access to credit for our members, while generating compelling risk-adjusted returns for our loan investors. Since 2007, more than 4 million members have joined the Club to help reach their financial goals. For more information about LendingClub, visit https://www.lendingclub.com.
About the Best Workplaces in Financial Services & Insurance™
Great Place to Work® selected the Best Workplaces for Financial Services & Insurance™ by gathering and analyzing confidential survey responses from more than 176,000 employees from Great Place to Work-Certified™ companies in the financial services and insurance industry. Company rankings are derived from 75 employee experience questions within the Great Place to Work Trust Index™ survey. Great Place to Work determines its lists using its proprietary For All™ methodology to evaluate and certify thousands of organizations in America's largest ongoing annual workforce study, based on over 1 million survey responses and data from companies representing more than 6.1 million employees, this year alone. Read the full methodology.
To get on this list next year, start here.
About Great Place to Work®
Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™.
Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.
CONTACT:
For Investors: IR@lendingclub.com
Media Contact: Press@lendingclub.com
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SOURCE LendingClub Corporation | https://www.whsv.com/prnewswire/2022/09/07/great-place-work-names-lendingclub-one-2022-fortune-best-workplaces-financial-services-amp-insurance/ | 2022-09-07T21:08:36Z |
CHICAGO, Sept. 7, 2022 /PRNewswire/ -- Today HITEC announced the 100 most influential Hispanic leaders in technology for 2023, the HITEC 100. Click here to view the full list of the HITEC 100.
Each year, HITEC spotlights the achievements and contributions of leading US-based Hispanic technology executives, in an effort to inspire and increase Hispanic representation within the workforce. HITEC's vision is to accelerate the power and impact of Hispanic technology leaders, achieving lasting equity from the classroom to the boardroom.
"We are honored to highlight and recognize the top 100 Hispanics in technology." said Lúcia Soares, HITEC Awards Committee Chair, Board of Directors. "This year, we opened our aperture to include executives in non-technology roles, but who are driving technology transformation in their organizations because all businesses are being fueled by the energy of technology disruption. The caliber of 2023 HITEC 100 awardees is stellar and representative of the diversity in backgrounds, industries and impact in business results. Congratulations to all – we are proud of our best and know you will inspire many more to come."
The 2023 HITEC 100 Awardee lists some of the world's top Hispanic leaders from global Fortune 100 organizations. Forty-two percent of the awardees have global responsibilities, some overseeing more than 1,000 employees. HITEC is proud of the balance of diversity among this year's HITEC 100. Four percent of this year's awardees are U.S. Veterans and 42 percent are women, representing 16 different countries of origin. Twentynine percent of this year's awardees are being recognized for the first time.
"It has been a source of pride and privilege for me to witness the caliber of leadership from our community, our Familia." said Guillermo Diaz, Jr., HITEC Chairman. "For almost 15 years, seeing the evolution and the transformation of HITEC as an organization starting with the founders and the leaders who paved the way for even more Hispanics in Technology. And now, this amazing group of awardees has shown us and more importantly the next generation that they 'can be what they can see'. Congratulations to the HITEC 100 and keep inspiring for yourselves and those looking up to you!"
Nominations for the HITEC 100 are solicited from HITEC members, partners and the general public. Awardees are evaluated on their accomplishments in the ever-changing global landscape of technology and for their mentoring and professional development activities.
"These 100 leaders represent the best of our community and they embody our larger vision of how Hispanics technology leaders can make lasting impact in our communities," said Omar Duque, HITEC President. "HITEC is proud to recognize this impressive group of changemakers."
HITEC is the premier global executive leadership organization of senior business and technology executives. HITEC 100 awardees will be recognized in person during the HITEC 100 & Corporate Awards Gala on November 2, 2022.
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SOURCE HITEC | https://www.whsv.com/prnewswire/2022/09/07/hitec-announces-100-most-influential-hispanic-leaders-technology-2023/ | 2022-09-07T21:08:43Z |
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- IAC (NASDAQ: IAC) will participate in the Goldman Sachs Communacopia + Technology Conference on Tuesday, September 13, 2022. Christopher Halpin, Chief Financial Officer of IAC, will participate in a fireside chat at 11:30 a.m. PT. A live webcast of the fireside chat will be available to the public at https://ir.iac.com/events-and-presentations.
A replay of the fireside chat will be available in the IR section of the IAC website at https://ir.iac.com/events-and-presentations.
About IAC
IAC (NASDAQ: IAC) builds companies. We are guided by curiosity, a questioning of the status quo, and a desire to invent or acquire new products and brands. From the single seed that started as IAC over two decades ago have emerged 11 public companies and generations of exceptional leaders. We will always evolve, but our basic principles of financially disciplined opportunism will never change. IAC is today comprised of category leading businesses including Angi Inc. (NASDAQ: ANGI), Dotdash Meredith and Care.com among many others ranging from early stage to established businesses. IAC is headquartered in New York City with business locations worldwide.
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SOURCE IAC | https://www.whsv.com/prnewswire/2022/09/07/iac-participate-goldman-sachs-communacopia-technology-conference/ | 2022-09-07T21:08:51Z |
All-New Forme, AeroGrip and Idol Collections Along with Reinvented Classic Case Designs and Screen Protection Offer Thoughtful, Stylish Protection for Latest Apple Devices
IRVINE, Calif., Sept. 7, 2022 /PRNewswire/ -- Incipio®, an award-winning designer and manufacturer of innovative solutions designed to enrich today's digital lifestyle, today launched its diverse line of protective cases for the iPhone 14 Pro Max, iPhone 14 Pro, iPhone 14 Plus, and iPhone 14, featuring fashion, innovation and sustainability.
"We're proud to continue delivering products with purpose, offering consumers cases that are not only protective and stylish, but also have a positive environmental impact and help drive social responsibility forward in our industry," said Brian Stech, CEO of Incipio. "Our iPhone 14 case lineup is underscored by our commitment to innovation, design and sustainability in everything we create. Whether it's the boundary-pushing AeroGrip, the feel-good Forme Protective, or the fully compostable Organicore Clear, Incipio offers a protective case for everyone."
Incipio's protective lineup for the iPhone 14 series includes:
Be You. Find Your Forme. Debuting with the iPhone 14 range, Forme is an all-new genderful case collection designed for the consumer that values self-expression and inclusivity. These slim, protective cases feature nature-inspired designs with soothing colors, blurred lines, and translucency. Express your uniqueness while protecting your device from 10-foot drops.
"When designing the Forme collection for a new generation of consumers, we looked to nature and were inspired by the unique and memorable elements all around us," said Cassandra Shaw, Director of Design. "From colorful mountain marbling to the calming flow of the ocean tide, we took nature's multi-dimensional elements and experimented with different printing techniques, textures and finishes to produce a line of truly transformative cases."
The best way to prevent damage is to prevent drops. Designed through extensive ergonomic research and testing for superior usage and grip, AeroGrip is a first of its kind design with innovative raised exterior leverage 'wings' that improve support and grip for a more comfortable, in-hand feel. AeroGrip also protects against 16-foot drops, features 2x camera lens drop protection and boasts redesigned Impact Struts technology featuring staggered hexagons that provides maximum coverage and multiple levels of impact absorption. Available exclusively at Verizon and Incipio.com.
Developed through extensive ergonomic research and testing, Incipio's advanced Grip case features re-engineered tactile X grips on the sides of the case for maximum no-slip hold. Grip's dual-layer, one-piece construction and new Impact Struts technology protect against 14-foot drops.
An all-new minimalistic, clear case with color accents, ultra-slim construction and improved Impact Struts technology. Thoughtfully designed to include all the essential features, Idol is the everything you need, nothing you don't, case. Perfect for the on-the-go, stylish consumer looking for protection without distraction. Idol and Idol for MagSafe are packed with essential features to protect your device against 14-foot drops.
Incipio's tried and true two-piece slim case offers 12-foot drop protection, now with a new, soft-touch texture and latest Impact Struts technology. Made with sustainable materials, Duo and Duo for MagSafe are the next evolutionary step for dual-layer defense, delivering protection you can feel good about for both your phone and the environment.
The first 100% plant-based, compostable, co-molded clear case for those who want to show off their device naturally. Organicore Clear delivers slim and sleek eco-friendly protection from drops up to 14 feet.
Made from plants and 100% compostable, Organicore delivers naturally tough protection with new Impact Struts technology protecting against 8-foot drops, textured grips for a better hold, and raised edge screen protection.
Ultimate Impact Protection. Designed to never chip or break, Incipio's new premium .22mm hardened Hybrid Glass Screen Protector offers beautiful form-fitted and beveled, silkscreened edges, 9H hardness, anti-fingerprint and anti-smudge technology, and antimicrobial protection*.
All Incipio cases for the iPhone 14 series are made with sustainable materials and antimicrobial protection that eliminates and prevents 99.9% of surface bacteria*. Additional features include raised-edge bezels for added screen and camera protection against face and back drops, exceptional scratch and discoloration resistance, and 5G, wireless and MagSafe charging compatibility. All MagSafe cases include enhanced built-in magnets that have been designed for use with the Apple MagSafe ecosystem of accessories.
The new Incipio iPhone 14 protective case collections and screen protection are available now at Incipio.com, with select models available at Verizon, Best Buy, and other leading retailers worldwide.
As part of its commitment to driving environmental responsibility, Incipio is a proud member of 1% for the Planet, donating 1% of global e-commerce revenue from Incipio.com to support environmental nonprofit partners. Incipio has also been a longtime partner with Eden Reforestation Projects, planting trees in regions most affected by deforestation. To date, Incipio has planted over 4,000 acres of trees, roughly 4x the size of Central Park. Additionally, Incipio's collaboration with Close the Loop USA (CtL) continues to divert waste from landfills by offering users an end-of-life solution for their used phone case. At no charge, customers can receive a pre-paid shipping label to send a case from any brand to CtL for recycling by visiting Incipio.com.
To shop the new iPhone 14 cases and screen protection, and to learn more about Incipio and its purposeful products, please visit www.incipio.com. For the latest product news, connect with Incipio on Facebook, Twitter @myIncipio and Instagram @Incipio.
Incipio is a Vinci brand.
*Excluding Organicore and Organicore Clear cases. Antimicrobial protection for the case/screen protector, not the individual.
Incipio creates award-winning innovative solutions designed to enrich today's digital lifestyle through innovative design and reliable device protection. Founded in 1999, Incipio was born in an Orange County, CA garage with a love of tech and a then-novel idea to create protective cases for the mobile phone. Over twenty years later, our category-leading products are a testament to our heritage and passion for enhancing our customers' everyday experiences.
Vinci Brands is a global leader in consumer tech protection, carry and power solutions operating an innovative and diverse portfolio of owned and licensed brands at the intersection of design, functionality, sustainability, and lifestyle. The company has an award-winning product portfolio that includes protective cases, shells, sleeves, bags, power management, enterprise and B2B solutions sold under the Incipio, Incase, Survivor, Griffin, kate spade new york, and Coach brands. Vinci Brands has operations in the United States, United Kingdom, Netherlands, Australia, and China. For more information visit www.vincibrands.com.
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SOURCE Incipio | https://www.whsv.com/prnewswire/2022/09/07/incipio-unveils-lineup-innovative-sustainable-protective-cases-screen-protection-iphone-14-series/ | 2022-09-07T21:08:58Z |
BOSTON, Sept. 7, 2022 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended July 31, 2022. The same data for the comparable three-month period ended July 31, 2021 is also available below.
1 Earnings refer to net investment income, which is comprised of the Fund's interest and dividend income, less expenses. Earnings presented represent past earnings and there is no guarantee of future results.
Amounts distributed by the Funds may vary from the earnings shown above and will be announced in separate press releases. Up-to-date distribution rate information is available on John Hancock Investment Management's web site at www.jhinvestments.com by clicking on "Closed-End Funds" under the "Daily Prices" tab.
Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.
An investor should consider a Fund's investment objectives, risks, charges, and expenses carefully before investing.
A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.
Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
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SOURCE John Hancock Investment Management | https://www.whsv.com/prnewswire/2022/09/07/john-hancock-closed-end-funds-release-earnings-data/ | 2022-09-07T21:09:04Z |
SPOKANE, Wash., Sept. 7, 2022 /PRNewswire/ -- Kaspien Holdings Inc. (NASDAQ: KSPN) ("Kaspien" or the "Company"), a leading e-commerce marketplace growth platform, will issue a press release including its financial results and business outlook as well as additional corporate updates. The Company also plans to file its quarterly Form 10-Q on the same day. The release and filing will be made available via the Investor Relations section of Kaspien's website.
About Kaspien
Kaspien Holdings Inc. (f/k/a Trans World Entertainment Corporation) (NASDAQ:KSPN) is a leading ecommerce marketplace growth platform, offering an expanding suite of software and services to help brands grow on Amazon, Walmart, Target, eBay, and other online marketplaces. Founded in 1972 as a brick-and-mortar retailer and rebranded as Kaspien in 2020, the Company has spent the last decade building and utilizing proprietary technologies for brand protection, marketing optimization, and fulfillment efficiency to generate rapid revenue growth for its partners. Through innovative strategies and best-in-class technologies, Kaspien has earned the trust of many leading brands, including 3M, Strider Bikes, and ZippyPaws. For more information, visit kaspien.com.
Company Contact
Ed Sapienza
Chief Financial Officer
(509) 202-4261
esapienza@kaspien.com
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SOURCE Kaspien Holdings Inc. | https://www.whsv.com/prnewswire/2022/09/07/kaspien-holdings-inc-set-release-fiscal-second-quarter-2022-financial-results-tuesday-september-13-2022/ | 2022-09-07T21:09:11Z |
Gift is largest in University history
PITTSBURGH, Sept. 7, 2022 /PRNewswire/ -- Thomas R. Kline, one of the nation's most influential and highly regarded trial lawyers, has committed $50 million to provide transformational support to Duquesne's 111-year-old law school. Duquesne University President Ken Gormley announced that the Pittsburgh university will recognize the gift by naming its law school the Thomas R. Kline School of Law of Duquesne University.
In a dramatic celebration on Wednesday, Sept. 7, students, faculty, distinguished alumni and a host of dignitaries gathered for the unveiling of a sign bearing the school's new name, and a celebration of this historic announcement.
Kline's commitment will broadly support student scholarships, faculty grants for excellence in teaching and scholarship, the law school's noted Bar Preparation program, new clinical offerings that benefit the community and other strategic priorities. Mr. Kline has given the University wide latitude in how best to invest the resources to maximize their benefits for students and the institution.
"It is enormously meaningful for Duquesne to have our law school named for an individual whose career success is synonymous with excellence in the legal profession," said Gormley, who formerly served as dean of the law school. "We are grateful that Tom Kline has chosen to support his alma mater with such a transformational gift, recognizing the many contributions to society and the profession that our students and alumni have made for more than a century. We're proud that one of our most distinguished alumni, who has represented Duquesne so impressively on a national and global stage, will now help shape the next century of our renowned law school. This gift will benefit generations of students, graduates and members of society on a broad scale."
Kline's gift constitutes the single largest commitment to Duquesne in its 144-year history. Kline already held the distinction of being the largest donor to the law school, with a $7.5 million gift in 2017 to launch the Thomas R. Kline Center for Judicial Education, which assists the courts in providing continuing judicial education to judges across the Commonwealth.
"I have long been proud of my alma mater and have been happy to have played a role in strengthening its future," said Kline. "President Ken Gormley and Dean April Barton have immediate plans to empower students and faculty to lead. Their work will have a magnificent impact on students, the region and the profession itself. I share their goals and ambitions for the law school."
A champion of legal education, Kline is acknowledged to be one of America's most respected and influential lawyers. He is a founding partner of Kline & Specter, described by The Philadelphia Inquirer as "one of the nation's leading personal injury firms. The National Law Journal has listed Kline among "Ten of America's Top Litigators." His groundbreaking cases have helped shape the law and have resulted in corporate, institutional and governmental change and justice for his clients.
Kline has been selected every year as the #1-ranked attorney among 65,000 active Pennsylvania lawyers by the publication Super Lawyers since its inception in 2004. Lawdragon lists Kline as one of the top 500 lawyers among 1.3 million active lawyers in America. He is the past president of the Inner Circle of Advocates, which The Washington Post described as "a select group of 100 of the nation's most celebrated trial lawyers."
Kline achieved many landmark jury verdicts dating back to the 1980s with seven- and eight-figure jury verdicts in each of five decades. Recent accomplishments include his groundbreaking jury verdicts in the Johnson & Johnson/Risperdal litigation, winning an $8 billion verdict for his clients, and his leadership as Chair of the Plaintiffs Management Committee, which achieved the historic Amtrak 188 settlement. Kline's advocacy in the Penn State/Sandusky litigation and the Piazza fraternity hazing case have likewise gained national attention.
A graduate and recipient of the Distinguished Alumnus Award at Albright College, Kline earned his M.A. from Lehigh University and his J.D. from Duquesne University School of Law in 1978, where he received the Distinguished Student Award and later earned the Distinguished Alumnus Award in 2008. He is also an inductee into the Century Club of distinguished alumni at Duquesne University.
After completing law school, Kline clerked for Pennsylvania Supreme Court Justice Thomas W. Pomeroy. He later served four U.S. senators over two decades, including chairing the Federal Judicial Nominating Commission for the Federal Courts in Pennsylvania for more than a decade.
The Thomas R. Kline School of Law at Drexel University was named for him in 2014, along with the Thomas R. Kline Institute for Trial Advocacy. The Thomas R. Kline Center for Judicial Education, the first of its kind in the nation, was launched at Duquesne University during the 2017-2018 academic year.
In naming the law school at Duquesne, Kline is energizing his alma mater on new fronts: This is the first school to be named at Duquesne University in over three decades.
"Working with Tom Kline has been an inspiration and absolute joy," said law school Dean April Barton. "He is an exemplary embodiment of our distinct mission. He understands the history and value of Duquesne's commitment to educational access and our focus on the law as a tool to ensure the welfare of all people. This is an extraordinary moment for Duquesne, certainly, as well as for the entire legal community. Linking Tom Kline and Duquesne permanently in the name of the law school will empower future lawyers for generations to come."
Since its founding in 1911, Duquesne's law school has focused on providing a legal education firmly rooted in the pursuit of excellence and the highest standards of ethical conduct. Its graduates serve others through skillful representation premised upon integrity and a commitment to attaining justice and fairness for all seeking redress through the legal system.
The School educates lawyers inspired by Duquesne's Catholic Spiritan tradition and the Law School motto, Salus populi suprema lex, or "The welfare of the people is the highest law."
Formed as an evening program to give working families in the Pittsburgh area (including recent immigrants) access to a legal education. More than a century later the School remains dedicated to that ideal and offers a full-time day program in addition to its evening program. The School is known for consistently impressive bar passage results and employment outcomes.
Duquesne's law school welcomed women and underrepresented populations earlier than most institutions. The first woman, Mrs. M. Murphy, was admitted in 1914. The first Black graduate, Theron B. Hamilton, received his in degree in 1925. From 1970 to 1981, Dean Ronald Davenport served as one of the first Black deans of any law school in the U.S.
A clinical education program was officially launched in 1995. The Tribone Center for Clinical Legal Education opened on Fifth Avenue in Pittsburgh in 2013 to provide student attorneys hands-on client experiences that impact a host of needy clients and underserved communities. In 2017, the Thomas R. Kline Center for Judicial Education opened, partnering with the courts to provide first-rate continuing judicial education offered to more than 1,000 jurists in Pennsylvania.
Now, with the naming of the Thomas R. Kline School of Law at Duquesne University in 2022, a new era of success and excellence will be ushered in at this highly-respected institution.
Founded in 1878, Duquesne is consistently ranked among the nation's top Catholic universities for its award-winning faculty and horizon-expanding education. A campus of nearly 8,500 graduate and undergraduate students, Duquesne prepares students by having them work alongside faculty to discover and reach their goals. The University's academic programs, community service, and commitment to equity and opportunity in the Pittsburgh region have earned national acclaim.
It's time for bigger goals. Follow Duquesne University
on Facebook, Twitter, Instagram and LinkedIn.
www.duq.edu
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SOURCE Duquesne University | https://www.whsv.com/prnewswire/2022/09/07/kline-commits-50-million-duquesne-university-name-law-school/ | 2022-09-07T21:09:18Z |
PALO ALTO, Calif., Sept. 7, 2022 /PRNewswire/ -- Kodiak Sciences Inc. (Nasdaq: KOD), a biopharmaceutical company committed to researching, developing and commercializing transformative therapeutics to treat high prevalence retinal diseases, announced today that management will present at the 2022 Morgan Stanley Healthcare Conference in New York, NY on Wednesday, September 14, 2022, at 1:05 p.m. Pacific Time (4:05 p.m. Eastern Time).
A live webcast of the presentation will be available on the "Events and Presentations" section of Kodiak's website at http://ir.kodiak.com/ and will remain available for replay for a limited time following the event.
About Kodiak Sciences Inc.
Kodiak (Nasdaq: KOD) is a biopharmaceutical company committed to researching, developing and commercializing transformative therapeutics to treat high prevalence retinal diseases. Founded in 2009, we are focused on bringing new science to the design and manufacture of next generation retinal medicines to prevent and treat the leading causes of blindness globally. Our ABC Platform™ uses molecular engineering to merge the fields of antibody-based and chemistry-based therapies and is at the core of Kodiak's discovery engine. Kodiak's lead product candidate, tarcocimab tedromer, is a novel anti-VEGF antibody biopolymer conjugate being developed for the treatment of retinal vascular diseases including wet age-related macular degeneration, the leading cause of blindness in elderly patients in the developed world, and diabetic eye diseases, the leading cause of blindness in working-age patients in the developed world. Kodiak has leveraged its ABC Platform to build a pipeline of product candidates in various stages of development. KSI-501 is our dual inhibitor antibody biopolymer conjugate targeting both VEGF (VEGF-trap) and IL-6 (anti-IL-6 antibody) for the treatment of retinal diseases. We are expanding our early research pipeline to include ABC Platform based triplet inhibitors for multifactorial retinal diseases such as dry AMD and glaucoma. Kodiak is based in Palo Alto, CA. For more information, please visit www.kodiak.com.
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SOURCE Kodiak Sciences Inc. | https://www.whsv.com/prnewswire/2022/09/07/kodiak-sciences-present-2022-morgan-stanley-healthcare-conference/ | 2022-09-07T21:09:25Z |
LPGA tournament to tee off Thursday
CINCINNATI, Sept. 7, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR) and The Procter and Gamble Company (NYSE:PG) announced today the inaugural class for their women's leadership program, the Queen City Game Changers, and named five female scholars to receive the first ever Game Changers Scholarship presented by The Kroger Co. Foundation and Always Brand.
"The Game Changers initiative is our commitment to accelerate the advancement of women in sports, business and education," said Kate Meyer, Kroger Health & Beauty Care Vice President. "From the golf course to boardrooms and classrooms, we are championing the accomplishments of women and coming together to cultivate their talent and ambition to uplift the next generation of female leaders. We are so proud to collaborate with P&G and the LPGA on this shared mission."
The Game Changers platform was developed by Kroger and P&G to champion women in sports, business, and education. This commitment includes developing a world-class women's leadership program, the Queen City Game Changers, to accelerate female advancement into executive leadership roles and creating a Game Changers Scholarship program to support multicultural women seeking advanced degrees in business and liberal arts.
"We are thrilled to welcome the world-class athletes of the LPGA back to Cincinnati, and to inspire hundreds of local women to enjoy golf and advance their careers through the Game Changers platform," said Pat Cady, P&G Sales Senior Vice President. "We are excited to partner with Kroger and the LPGA to engage and empower more than 130 women leaders from across our Queen City community."
The inaugural class of Queen City Game Changers consists of 130 women, with representation from top local companies, entrepreneurial organizations, and chambers of commerce in Greater Cincinnati. The program kicked off with a one-day event featuring Jon Moeller, P&G Chairman of the Board, President and Chief Executive Officer; Mary Ellen Adcock, Kroger Senior Vice President of Operations; Stuart Aitken, Kroger Senior Vice President, Chief Merchant and Marketing Officer; Annika Sorenstam, LPGA Hall of Famer and entrepreneur; Monica Turner, P&G President of North America; and Debbie Majoras, P&G President and Advisor to the Chief Executive Officer. Participants will engage in an eight-month, world-class curriculum developed by subject matter experts that includes hands-on learning and mentorship provided by assigned executive coaches from Patina, as well as one-to-one connections with Cincinnati-based senior executives and entrepreneurial leaders.
The Game Changers program is part of a movement of Cincinnati-based companies and organizations including not only Kroger and P&G, but also Cintas, Great American, St. Elizabeth, TriHealth, GE Aviation, Mortar, The Gratitude Collection, Power to Pursue, Cloverleaf, Altafiber, Chosen Foods, the Cincinnati Chapter of Next Up, and many others.
In collaboration with Greater Cincinnati colleges and universities, five young women have been selected to receive the Game Changers Scholarship, a one-year $5,000 scholarship presented by The Kroger Co. Foundation and Always Brand. The scholars were honored at a ceremony with elite golfer, Annika Sorenstam, who held a putting clinic for the scholarship recipients at the Kenwood Country Club. The scholars include:
- Bryanna Hall, Northern Kentucky University.
- Honesty Lyon, Wilberforce University, majoring in Mass Communications.
- Caitlyn Morrow, University of Cincinnati, majoring in Psychology.
- Yugandhara Nalawade, Miami University, majoring in Econometrics.
- Jessica Williams, University of Dayton, majoring in Fine Arts.
The LPGA's Kroger Queen City Championship Presented by P&G will tee off on Thursday, September 8, and host many of the world's top golfers. The Championship will conclude on Sunday with an award ceremony honoring the tournament winner.
At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: To Feed the Human Spirit™. We are, across our family of companies nearly half a million associates who serve over 11 million customers daily through a seamless digital shopping experience and retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities by 2025. To learn more about us, visit our newsroom and investor relations site.
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Cascade®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Mr. Clean®, Olay®, Oral-B®, Pampers®, Pantene®, Secret®, SK-II®, Swiffer®, Tampax®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit http://www.pg.com for the latest news and information about P&G and its brands.
Established in 1987, The Kroger Co. Foundation, Kroger's private foundation, aligns community investments and grants with Kroger's Purpose: to Feed the Human Spirit™. Last year, the Foundation directed $12.7 million in grants to 322 non-profit organizations across the country.
Always®, the world's leader in feminine protection, offers a wide range of feminine pads, wipes and liners designed to fit different body types, period flows and preferences. The Always line of feminine products includes Always Infinity™, Always Ultra Thins, Always Maxis, Always Radiant Pads, Always Liners and Always Feminine Wipes. Please visit www.always.com for more information.
For over 30 years, Always has been empowering girls globally, bringing puberty education to millions of adolescent girls. Through the #LikeAGirl campaign, Always is on a mission to help stop the drop in confidence girls experience at puberty.
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SOURCE The Kroger Co. | https://www.whsv.com/prnewswire/2022/09/07/kroger-pampg-come-together-uplift-women-business-honor-female-scholars-ahead-kroger-queen-city-championship-presented-by-pampg/ | 2022-09-07T21:09:27Z |
RICHMOND, Va., Sept. 7, 2022 /PRNewswire/ -- Markel Corporation (NYSE: MKL) announced today that Jed Rhoads, President and Chief Underwriting Officer of Markel's Global Reinsurance Division, is retiring at the end of 2022.
"Markel is fortunate to have benefited from Jed's industry knowledge, leadership experience, and relationships throughout the industry," said Richie Whitt, Co-CEO of Markel. "He has helped us build a strong team with deep underwriting and leadership talent. We are thankful for his contributions and leadership in positioning us for the future."
Rhoads has been in the industry for more than 40 years, and throughout his career has held executive positions with several organizations. He joined Markel in 2013 as part of its acquisition of Alterra Capital Holdings Limited. Prior to Markel, he was President and Chief Underwriting Officer of Alterra. He also recently served as chair of the board of directors of the Reinsurance Association of America (RAA).
Markel also announced that upon Rhoads' retirement, Don Bahr will be promoted to President, Global Reinsurance, and Tod Costikyan will be promoted to Chief Underwriting Officer, Global Reinsurance. Both Bahr and Costikyan joined Markel as part of the Alterra acquisition in 2013, and bring many years of experience and knowledge of the reinsurance segment.
"With Don and Tod's deep expertise and knowledge of our business, our reinsurance team will be well positioned to help Markel build the leading global specialty insurer, with the broadest array of tools to address insureds' most complex risk management and risk transfer needs," said Whitt.
In Bahr's new role, he will oversee annual and long-term business and financial planning for the division and will lead the execution of the Global Reinsurance business strategy. Costikyan will report to Bahr and will work with the team on underwriting strategy and business strategy.
Rhoads added, "I'm honored, privileged, and grateful to have had the opportunity to spend my entire career in this wonderful industry. Having worked with Don and Tod for nearly two decades, I am confident they are well prepared to lead the reinsurance operations forward."
Rhoads, Bahr, and Costikyan will work closely to ensure a smooth transition and relationship continuity with Markel's business partners.
About Markel
Markel Corporation is a diverse financial holding company serving a variety of niche markets. The Company's principal business markets and underwrites specialty insurance products. In each of the Company's businesses, it seeks to provide quality products and excellent customer service so that it can be a market leader. The financial goals of the Company are to earn consistent underwriting and operating profits and superior investment returns to build shareholder value. Markel® is a registered trademark of the Markel Corporation. Visit Markel on the web at markel.com.
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SOURCE Markel Corporation | https://www.whsv.com/prnewswire/2022/09/07/markel-announces-jed-rhoads-retire-president-chief-underwriting-officer-global-reinsurance-division/ | 2022-09-07T21:09:33Z |
DOWNERS GROVE, Ill., Sept. 7, 2022 /PRNewswire/ -- Markem-Imaje, part of Dover (NYSE: DOV) and a global provider of end-to-end supply chain solutions and industrial marking and coding systems, today announced the launch of the eTouch-S intelligent print and apply labeling system, further enhancing its global portfolio of end-to-end supply chain solutions.
With a proprietary design and patented technology, the eTouch-S applicator is the latest addition to Markem-Imaje's 2200 series. The eTouch-S was developed in response to customer demand for products with a reduced environmental impact. The eTouch-S removes the need for plant air without impacting supply chain traceability or increasing the risk of retailer fines for returned cases.
Capable of production speeds of over 150 packs per minute, the eTouch-S utilizes Markem-Imaje's market-leading innovation to combine outstanding performance with the highest levels of operational safety. The eTouch-S offers fully unhindered operation across numerous applications, and is compliant with EN415-10 safety standards.
"The eTouch-S is a truly intelligent, high-performance print and apply system," said Mike Kirk, Print and Apply Product Marketing Manager at Markem-Imaje.
"It's a game-changer for customers looking for a solution that is exceptionally safe, lightning fast, hugely durable and simple to operate, all while reducing downtime. The eTouch-S applicator is ideal for any business looking to be fully compliant with labeling standards while eliminating the need to regulate production throughput, require changes to existing production methods or for expensive additional pack control."
The innovative eTouch-S has built-in artificial intelligence to ensure that labels are applied to an exacting standard on every pack, at the highest production speeds. The applicator's unique SoftTouch technology offers full movement control and application monitoring, alongside pack sensing which allows application without unnecessary force and the ability to automatically detect variation in pack position. An optional Advanced Trigger Sensor (ATS) provides the ability to label on packs with infinitely variable distances and speeds with constant label placement and without the requirement for operational intervention or complex line integration.
Markem-Imaje has developed a new hybrid driver which provides the eTouch-S with a combination of high-speed motion accuracy and inbuilt hardware safety to remove the need for additional safety measures even at high speed.
Designed with reliability in mind, the eTouch-S drastically reduces maintenance requirements due to its minimal moving parts. Efficient design allows for lower print speeds at higher throughput regardless of the data complexity or content, reducing machine burden and decreasing wear and total cost of ownership.
The eTouch-S includes all the enhanced features of the Markem-Imaje's 2200 Series, making the overall solution extremely easy to use, efficient and reliable. All models in the 2200 Series offer an intuitive user interface and a simple media path, allowing operators to replenish labels and ribbon rolls in less than 40 seconds. The in-built auto-change/tandem functionality means that should a 2200 Series go off-line, a second labeler will immediately take over the task to eliminate downtime associated with media changes.
For more information, please visit https://bit.ly/3PBoPjT.
Markem-Imaje, a wholly owned subsidiary of the US-based Dover Corporation is a trusted world manufacturer of product identification and traceability solutions, offering a full line of reliable and innovative inkjet, thermal transfer, laser, and print and apply label systems. Markem-Imaje provides global reach to over 50,000 customers with 30 subsidiaries, 6 technology centers, several equipment repair centers and manufacturing plants with the most comprehensive marking and coding portfolio available in the marketplace. Visit www.markem-imaje.com for further information.
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.
Markem-Imaje Contact:
Viktor Hermansson
+34 627 80 86 10
vhermansson@markem-imaje.com
Dover Media Contact:
Adrian Sakowicz, VP, Communications
(630) 743-5039
asakowicz@dovercorp.com
Dover Investor Contact:
Jack Dickens, Senior Director, Investor Relations
(630) 743-2566
jdickens@dovercorp.com
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SOURCE Dover | https://www.whsv.com/prnewswire/2022/09/07/markem-imaje-unveils-etouch-s-intelligent-print-apply-labeling-solution/ | 2022-09-07T21:09:40Z |
WASHINGTON, Sept. 7, 2022 /PRNewswire/ -- NASA has awarded the Marshall Operations Systems, Services, and Integration II (MOSSI II) contract to Teledyne Brown Engineering Inc. of Huntsville, Alabama.
The contract calls for providing provide the ground systems and operations services necessary to meet the requirements delegated to the Payload and Mission Operations Division within the Human Exploration Development and Operations Office at the agency's Marshall Space Flight Center in Huntsville, Alabama. Work will be performed on-site at Marshall and other locations as required including NASA's Johnson Space Center in Houston and Kennedy Space Center in Florida.
The performance-based, cost-plus-award-fee contract has a potential mission services value of $596.5 million and a maximum potential indefinite-delivery/indefinite-quantity value of $85 million. The contract begins about Sept. 9, 2022, with a two-year base period, followed by six one-year option periods, and a six-month option to extend services period that may be exercised at NASA's discretion.
Under the contract, Teledyne Brown Engineering will be responsible for providing International Space Station payload operations and ground systems; test, launch, flight, and ground operations for NASA's Space Launch System rocket; flight operations and ground systems for the Near-Earth Asteroid Scout CubeSat mission; and Delay Tolerant Network protocol variants definition, prototyping, and testing; as well as provide ground systems to support test, launch, and flight operations for other program and projects.
For more information about NASA and agency programs, visit:
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SOURCE NASA | https://www.whsv.com/prnewswire/2022/09/07/nasa-awards-contract-marshalls-mission-operations/ | 2022-09-07T21:09:46Z |
GAITHERSBURG, Md., Sept. 7, 2022 /PRNewswire/ -- Novavax, Inc. (Nasdaq: NVAX), a biotechnology company dedicated to developing and commercializing next-generation vaccines for serious infectious diseases, today announced that it will participate in two upcoming investor conferences. Novavax' recombinant nanoparticle protein-based COVID-19 vaccine candidate, NVX-CoV2373, will be a topic of discussion.
Recordings
All replays of the recorded fireside sessions will be available through the Events & presentations page of the Company's website at ir.novavax.com for 90 days from the date of the conference.
About Novavax
Novavax, Inc. (Nasdaq: NVAX) is a biotechnology company that promotes improved health globally through the discovery, development, and commercialization of innovative vaccines to prevent serious infectious diseases. The company's proprietary recombinant technology platform harnesses the power and speed of genetic engineering to efficiently produce highly immunogenic nanoparticles designed to address urgent global health needs. The Novavax COVID-19 vaccine has received authorization from multiple regulatory authorities globally, including the U.S., European Commission and the World Health Organization. The vaccine is currently under review by multiple regulatory agencies worldwide, including for additional indications and populations such as adolescents and as a booster. In addition to its COVID-19 vaccine, Novavax is also currently evaluating a COVID-seasonal influenza combination vaccine candidate in a Phase 1/2 clinical trial, which combines NVX-CoV2373 and NanoFlu*, its quadrivalent influenza investigational vaccine candidate, and is also evaluating an Omicron strain-based vaccine (NVX-CoV2515) as well as a bivalent format Omicron-based / original strain-based vaccine. These vaccine candidates incorporate Novavax' proprietary saponin-based Matrix-M adjuvant to enhance the immune response and stimulate high levels of neutralizing antibodies.
For more information, visit www.novavax.com and connect with us on LinkedIn.
*NanoFlu identifies a recombinant hemagglutinin (HA) protein nanoparticle influenza vaccine candidate produced by Novavax. This investigational candidate was evaluated during a controlled phase 3 trial conducted during the 2019-2020 influenza season.
Contacts:
Investors
Erika Schultz | 240-268-2022
ir@novavax.com
Media
Ali Chartan or Giovanna Chandler | 240-709-5563
media@novavax.com
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SOURCE Novavax, Inc. | https://www.whsv.com/prnewswire/2022/09/07/novavax-participate-upcoming-september-conferences/ | 2022-09-07T21:09:53Z |
180-Day World Cruise and Seven Epic Grand Voyages Open for Sale on September 14th
MIAMI, Sept. 7, 2022 /PRNewswire/ -- Oceania Cruises, the world's leading culinary- and destination-focused cruise line, announced its most extensive, expansive, and immersive series of World and Grand Voyages for 2025. The line reprised its perennially popular Around the World in 180 Days voyage for 2025, albeit in a very unique east-to-west navigation. Underscoring the increasing popularity of the brand's demand for longer, languid, destination-immersive voyages, Oceania Cruises also introduced a series of seven Grand Voyages ranging in length from 50 to 111 days.
"This new collection of globe-spanning itineraries includes both iconic and off the beaten path ports of call and offers a wealth of opportunities for our guests to explore the farthest corners of the globe, making the journey just as rewarding as the destination," stated Howard Sherman, President and CEO of Oceania Cruises.
Each of these Grand Voyages takes advantage of one of life's greatest luxuries: time. The journeys range from a spectacular 111-day expedition of wonders across the South Pacific, New Zealand, Australia, Southeast Asia, Africa and the Mediterranean to an extraordinary journey that is the first of its kind – combining fascinating explorations of three continents aboard two small, luxurious ships with an incredible multi-day Land Program in between. Above all else, these itineraries were designed for the intrepid explorer, the traveler with an endless wanderlust and a penchant for enjoying the finer things in life.
First Of Its Kind – Far and Wide: The Ultimate Odyssey
74 Days, Two Ships, Five Countries, Three Continents – December 22, 2024 - March 6, 2025
This ultimate odyssey transcends the imagination as it explores three continents on two small, luxurious ships linked by an amazing, immersive Mid-Cruise Overland Program. Kicking off with a 50-day circumnavigation of Australia, Indonesia, and New Zealand sailing roundtrip from Sydney, guests are then flown via business class air service to South America for explorations of Patagonia, Antarctica, and the Chilean Fjords. Linking these two extraordinary cruises are two enthralling overland tours that guests will get to choose from – six days in the extraordinary Blue Mountains of Australia or six days in the Andean Lakes District of Chile and Argentina. Truly the ultimate odyssey, this eclectic journey stretches from great cities Down Under to Ushuaia, the city at the end of the world, and staggeringly beautiful lands of Patagonia and Antarctica.
Ultimate Odyssey Highlights
- Explorations of 3 awe-inspiring continents and 5 countries
- 5 overnights offering a blend of cultural and free-spirited Australian destinations and spellbinding Patagonian outposts, plus an overnight in the paradise of Bali
- A south-of-the-equator masterpiece that reveals boundless adventure on an itinerary spanning from the Tasman Sea to the Chilean Fjords
- A sought-after circumnavigation of multifaceted Australia, spending about a month visiting 18 destinations, along with a week-long exploration of incredible New Zealand
- A stunning multi-week tour of legendary Patagonian landscapes and surreal Antarctic seascapes
- Choice of an included 6-day Overland Program in either the Blue Mountains of Australia or northern Patagonia
The Gold Standard of World Cruises – Around the World in 180 Days
180 Days, Five Continents, 32 Countries, 89 Ports – January 5, 2025 – July 3, 2025
Setting sail on a rare east-to-west journey, the 2025 Around the World in 180 Days cruise is filled with exotic horizons and illuminating experiences. From Miami, the 656-guest Insignia heads south for explorations in vibrant Brazil and the wilds of the Amazon before crossing the great Atlantic Ocean for adventures in the villages and majestic landscapes of Africa. En route to South Africa, this crossing features a call on the most remote inhabited island on the planet: the volcanic isle of Tristan da Cunha. Insignia then continues east, to the great cities and untold wonders of Asia, with explorations of some of the most exclusive islands lining the Indian Ocean along the way. The French Comoros, Maldives and Seychelles give way to captivating destinations in Myanmar, Thailand, Vietnam, Japan, Indonesia and beyond. As Insignia heads south along the less explored coast of Western Australia, you will have the opportunity to discover some of this continent's most unsung treasures. During our navigation of the South Pacific, we'll make a rare call on Champagne Bay on Vanuatu along with some of French Polynesia's most stunning islands before heading north to visit the lush Hawaiian Islands to conclude this global journey.
The full 180-day Around the World cruise is made even more exceptional with our Exclusive Prestige Package, which includes a collection of generous amenities such as Free Pre-Paid Gratuities, Free Laundry Services and immersive Shoreside Events.
Around The World Highlights
- Exclusive Shoreside Events:
- Overnight Port Stays:
- Mid-Cruise Overland Programs
Additional Grand Voyage Offerings
Ultimate Pacific Traveler – Los Angeles to Sydney – 79 Days, October 3 – December 22, 2024
- 11 countries, 7 overnight port stays
- Nearly two weeks in Japan and three weeks exploring Australia and New Zealand
- A literal tapestry of destinations including Alaska, Taiwan, Hong Kong, Vietnam, Singapore, and Indonesia
South America Kaleidoscope – Miami to Rio de Janeiro – 50 Days, December 7, 2024 – January 26, 2025
- 11 countries, 6 overnight port stays
- A comprehensive exploration of South America that includes Chile, Brazil, Peru, Argentina, and Uruguay
- Three days cruising in Antarctica and a crossing of the Panama Canal
Grand Eastern Reflections – Abu Dhabi to Singapore – 78 Days, December 22, 2024 – March 10, 2025
- 16 countries, 15 overnight port stays
- One week in India, 3 days in Myanmar, one week in Vietnam, one week in China, two weeks in Japan, three days in the Philippines, and one week in Indonesia
- A unique melding of exotic, ancient cultures with glittering, modern metropolises
Epic Continental Explorer – Papeete to Barcelona – 111 Days, February 25 – June 17, 2025
- 28 countries and 12 overnight port stays
- A multi-month sojourn that spans the South Pacific, Southeast Asia, Africa and beyond
- Multiple weeks spent exploring the Indian Ocean and Africa, including the continent's exotic and mysterious western shores
Patagonia to Iberia Mosaic – Santiago de Chile to Barcelona – 63 Days, March 6 – May 8, 2025
- 10 countries and overnight stays in Buenos Aires, Rio de Janeiro, and Lisbon
- In-depth explorations of Uruguay, Argentina, and Brazil
- Off-the-beaten path immersion of Spain including Almeria, Málaga, Huelva, Melilla, and Alicante
Asia & Oceania Odyssey – Tokyo to Honolulu – 72 Days, May 22 – August 1, 2025
- 12 countries and 11 overnight port stays
- An intriguing blend of culture and history throughout Japan, China, and Southeast Asia mixed with the enchantment of the South Pacific and Hawaiian Islands
- Some of the world's greatest wonders – Ha Long Bay, Great Barrier Reef and Bora Bora
For additional information on Oceania Cruises' small-ship luxury product, exquisitely crafted cuisine, and expertly curated travel experiences, visit OceaniaCruises.com, call 855-OCEANIA, or speak with a professional travel advisor.
Oceania Cruises is the world's leading culinary- and destination-focused cruise line. The line's seven small, luxurious ships carry a maximum of 1,238 guests and feature the finest cuisine at sea and destination-rich itineraries that span the globe. Expertly curated travel experiences aboard the designer-inspired, small ships call on more than 450 marquee and boutique ports across Europe, Alaska, Asia, Africa, Australia, New Zealand, New England-Canada, Bermuda, the Caribbean, the Panama Canal, Tahiti and the South Pacific in addition to the epic 180-day Around the World Voyages. The brand has a second 1,200-guest Allura Class ship on order for delivery in 2025. With headquarters in Miami, Oceania Cruises is owned by Norwegian Cruise Line Holdings Ltd., a diversified cruise operator of leading global cruise brands which include Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises.
Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) is a leading global cruise company which operates the Norwegian Cruise Line, Oceania Cruises and Regent Seven Seas Cruises brands. With a combined fleet of 28 ships with nearly 60,000 berths, these brands offer itineraries to more than 490 destinations worldwide. The Company has nine additional ships scheduled for delivery through 2027, comprising of approximately 24,000 berths.
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SOURCE Oceania Cruises | https://www.whsv.com/prnewswire/2022/09/07/oceania-cruises-announces-2024-2025-world-grand-voyages/ | 2022-09-07T21:10:04Z |
PA Cyber students excelled in College Board assessments and schoolwork to earn these awards, which colleges use to identify academically competitive underrepresented students.
MIDLAND, Pa., Sept. 7, 2022 /PRNewswire/ -- Two PA Cyber students have earned academic honors from the College Board National Recognition Programs. These programs provide underrepresented students with the opportunity to meaningfully connect with colleges and scholarship programs, and, ultimately, to stand out in their attempts to secure admissions and scholarships. Colleges and scholarship programs identify students awarded National African American, Hispanic, Indigenous and/or Rural/Small Town Recognition through College Board's Student Search Service.
Ruchoma "Rookie" Solomon received the National Rural and Small Town Award from the College Board. A resident of Elkins Park, she is an eleventh grader who has been with PA Cyber since fifth grade.
John Shidemantle also received the National Rural and Small Town Award. He applied for the award while a sophomore at PA Cyber and is now a junior at Blackhawk High School in Chippewa Township.
"We're thrilled that our students have earned this prestigious recognition. We are very proud of them for their academic achievements both in their classes and on their College Board assessments," said PA Cyber's CEO Brian Hayden. "These great programs help students from underrepresented backgrounds stand out to colleges during admissions."
To be eligible for an award, students must have a GPA of 3.5 or higher; have excelled on the PSAT/NMSQT or PSAT 10, or earned a score of 3 or higher on two or more AP Exams; and be African American/Black, Hispanic American/Latinx, Indigenous, and/or attend school in a rural area or small town.
Eligible students are invited to apply during their sophomore or junior year. Winners are awarded at the beginning of the next school year, in time to include the recognition on their college and scholarship applications.
"We honor the hard work of these students through the College Board National Recognition Programs. This program creates a way for colleges and scholarship programs to connect directly with underrepresented students," said Tarlin Ray, College Board senior vice president of BigFuture. "We hope the award winners and their families celebrate this high honor as they plan for their big future."
Serving students in kindergarten through 12th grade, the Pennsylvania Cyber Charter School is one of the largest, most experienced, and most successful online public schools in the nation. PA Cyber's online learning environments, personalized instructional methods, and curricula choices connect Pennsylvania students and families with state-certified and highly qualified teachers and rich academic content aligned to state standards. Founded in 2000, PA Cyber is headquartered in Midland (Beaver County) and maintains a network of support offices throughout the state. As a public school, PA Cyber is open for enrollment to any school-age child residing in the Commonwealth of Pennsylvania and does not charge tuition to students or families.
Media Contact: Jennie Harris
jennie.harris@pacyber.org
724-313-5842
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SOURCE The Pennsylvania Cyber Charter School (PA Cyber) | https://www.whsv.com/prnewswire/2022/09/07/pa-cyber-students-awarded-academic-honors-college-board-national-recognition-programs/ | 2022-09-07T21:10:11Z |
MENLO PARK, Calif., Sept. 7, 2022 /PRNewswire/ -- PacBio (NASDAQ: PACB), a leading developer of high-quality, highly accurate sequencing solutions, announced today that it will be participating in the upcoming Morgan Stanley 20th Annual Global Healthcare Conference in New York, New York.
Members of PacBio's management are scheduled to participate in a fireside chat on Wednesday, September 14 at 1:30 p.m. Eastern Time. The live webcast can be accessed at the company's investors page at investor.pacificbiosciences.com. A replay of the webcast will be available for at least 30 days following the presentation.
About PacBio
Pacific Biosciences of California, Inc. (NASDAQ: PACB) is a premier life science technology company that is designing, developing and manufacturing advanced sequencing solutions to help scientists and clinical researchers resolve genetically complex problems. Our products and technology under development stem from two highly differentiated core technologies focused on accuracy, quality and completeness which include our existing HiFi long read sequencing and our emerging SBB™ short read sequencing technologies. Our products address solutions across a broad set of research applications including human germline sequencing, plant and animal sciences, infectious disease and microbiology, oncology, and other emerging applications. For more information, please visit www.pacb.com and follow @PacBio.
Contacts
Investors:
Todd Friedman
650.521.8450
ir@pacb.com
Media:
Lizelda Lopez
pr@pacb.com
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SOURCE Pacific Biosciences of California, Inc. | https://www.whsv.com/prnewswire/2022/09/07/pacbio-participate-morgan-stanley-20th-annual-global-healthcare-conference/ | 2022-09-07T21:10:18Z |
SAN DIEGO, Sept. 7, 2022 /PRNewswire/ -- Poseida Therapeutics, Inc. (Nasdaq: PSTX), a clinical-stage biopharmaceutical company utilizing proprietary genetic engineering platform technologies to create cell and gene therapeutics with the capacity to cure, today announced that the Company's Chief Financial Officer, Johanna Mylet, will present virtually at the H.C. Wainwright 24th Annual Global Investment Conference being held in New York, NY from September 12-14, 2022. The on-demand session will become available at 7:00am ET on September 12, 2022.
A webcast of the presentation will be available on the Investors & Media Section of Poseida's website, www.poseida.com. A replay of the webcast will be available for 30 days following the presentation.
About Poseida Therapeutics, Inc.
Poseida Therapeutics is a clinical-stage biopharmaceutical company dedicated to utilizing our proprietary genetic engineering platform technologies to create next generation cell and gene therapeutics with the capacity to cure. We have discovered and are developing a broad portfolio of product candidates in a variety of indications based on our core proprietary platforms, including our non-viral piggyBac® DNA Delivery System, Cas-CLOVER™ Site-specific Gene Editing System and nanoparticle- and AAV-based gene delivery technologies. Our core platform technologies have utility, either alone or in combination, across many cell and gene therapeutic modalities and enable us to engineer our portfolio of product candidates that are designed to overcome the primary limitations of current generation cell and gene therapeutics. To learn more, visit www.poseida.com and connect with us on Twitter and LinkedIn.
Investor contact:
Alex Lobo
Stern Investor Relations
Alex.lobo@sternir.com
Media contact:
Sarah Thailing
Senior Director, Corporate Communications and IR
Poseida Therapeutics, Inc.
858-605-3717
sthailing@poseida.com
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SOURCE Poseida Therapeutics, Inc. | https://www.whsv.com/prnewswire/2022/09/07/poseida-therapeutics-present-hc-wainwright-24th-annual-global-investment-conference/ | 2022-09-07T21:10:25Z |
Styles Secure, Clutch, and Fort (including MagSafe-compatible models) combine sustainability with elegant functionality and durability
LOS ANGELES, Sept. 7, 2022 /PRNewswire/ -- Raptic, a premier manufacturer of sophisticated performance-focused phone accessories, today unveiled a new line of expertly engineered protective phone cases that have been independently certified as carbon neutral products by SCS Global Services, a leading third-party environmental and sustainability verification organization. Raptic Secure, Clutch, and Fort phone cases combine sleek industrial elegance-inspired designs with unparalleled durability and full-featured compatibility for the tech-savvy customer who demands products that are fashionable and environmentally friendly.
Raptic specializes in precision-engineered products that provide state-of-the-art utility and protection for the latest technologies available to consumers. Their most recent product line complements both the design and features of the new iPhone 14, iPhone 14 Plus, iPhone 14 Pro and iPhone 14 Pro Max for 2022.
Raptic Clutch & Clutch MagSafe($19.99 / $24.99) offers an elegantly sleek modern design with a pocket-friendly finish and remarkable drop protection:
- Combines an impact-absorbing TPU exterior with a rigid polycarbonate interior for a smooth and slim profile that fits easily in pockets and provides excellent durability
- Finely textured edges offer a secure grip – the best protection to never drop your phone; graceful ripple accents on back panel create a subtly distinctive look
- Offers excellent protection for drops of up to 10 feet on concrete
- Made with recycled & biodegradable materials and shipped in biodegradable packaging; certified carbon-neutral cradle-to-grave by SCS Global Services
- Available in MagSafe-enabled version for faster wireless charging and easy mounting to MagSafe accessories
Raptic Secure & Secure MagSafe ($29.99 / $34.99) phone cases feature a cutting-edge hyper-engineered aesthetic with exceptional multi-layered protection:
- Dual-layer frame combines TPU and DropShield™, along with bolstered corners, for superior impact-resistance
- Exceeds military-grade drop protection providing up to 13 feet when dropped on concrete
- Transparent & frosted polycarbonate back protects against scratches while showcasing the latest iPhone 14 design
- Made with recycled and biodegradable materials; certified as a carbon-neutral cradle-to-grave product by SCS Global Services
- Available in MagSafe-enabled version for faster wireless charging and secure mounting to MagSafe chargers and mounting accessories
Raptic Fort MagSafe ($44.99) offers the pinnacle of durability and inspires confidence with a rugged tactical design:
- Dual-layer frame combines TPU and DropShield™ for unsurpassed protection from impacts and rigorous use
- Polycarbonate back with over-mold TPU provides the best scratch protection and impact absorbing finish
- Full ruggedized rubber exterior and thick corner bolsters further enhance durability
- Military equipment-inspired back panel accents create a rugged adventure-ready look
- Provides the ultimate in military-grade drop protection—capable of withstanding drops of up to 20 feet onto concrete
- Made with 70% recycled and fully biodegradable materials; certified as a carbon-neutral product by SCS Global Services
- Built for MagSafe provides fast & convenient wireless charging and quick, secure mounting to MagSafe accessories
Current popular cases like Shield and Urban Folio will continue to be offered, and new additions to the Raptic line Citadel and Slim further expand the range of options available to customers who want the best in stylish protection for their phones.
Raptic's new line of products are available for order today, offered with unique color options. For more information on the latest Raptic products, including the Secure, Clutch, and Fort phone cases, please visit www.rapticstrong.com. Raptic offers free shipping within the U.S., and all products include a lifetime warranty.
Raptic, headquartered in Los Angeles, Calif., creates technology accessories for tech-savvy customers who demand products that provide an uncompromising blend of style, durability, and genuine respect for the environment. Using an innovative cradle-to-grave approach to its products that includes using recycled and biodegradable materials, 100% biodegradable packaging, Raptic has minimized the carbon impact of its operations and provided its customers with product options that exceed their expectations for cutting-edge design and performance while recognizing the increasing importance of sustainability.
For more information about Raptic, please contact:
Michael Pizzimenti | Head of Sales, Marketing, and Product Strategy | Raptic
michael@rapticstrong.com
www.rapticstrong.com
All product names, logos, and brands are the property of their respective owners.
Apple and iPhone are trademarks of Apple Inc., registered in the U.S. and other countries and regions.
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SOURCE Raptic | https://www.whsv.com/prnewswire/2022/09/07/raptic-launches-new-protective-carbon-neutral-certified-iphone-14-cases/ | 2022-09-07T21:10:31Z |
STAMFORD, Conn., Sept. 7, 2022 /PRNewswire/ -- ReneSola Ltd ("ReneSola Power" or the "Company") (www.renesolapower.com) (NYSE: SOL), a leading fully integrated solar project developer, today announced its unaudited financial results for the second quarter ended June 30, 2022. ReneSola Power's second quarter 2022 financial results and management commentary can be found by accessing the Company's shareholder letter on the quarterly results page of the Investor Relations section of ReneSola Power's website at: http://ir.renesolapower.com.
ReneSola Power will hold a conference call today to discuss results.
Conference Call Details
We will host a conference call today to discuss our second quarter 2022 business and financial results. The call is scheduled to begin at 5:00 p.m. U.S. Eastern Time on Wednesday, September 7, 2022 (5:00 a.m. China Standard Time on Thursday, September 8, 2022).
Please register in advance to join the conference call using the link provided below and dial in 10 minutes before the call is scheduled to begin. Conference call access information will be provided upon registration.
Participant Online Registration:
Webcast:
Additionally, a live and archived webcast of the conference call will be available on the Investor Relations section of ReneSola Power's website at https://ir.renesolapower.com/.
About ReneSola Power
ReneSola Power (NYSE: SOL) is a leading global solar project developer and operator. The Company focuses on solar power project development, construction management and project financing services. With local professional teams in more than 10 countries around the world, the business is spread across number of regions where the solar power project markets are growing rapidly and can sustain that growth due to improved clarity around government policies. The Company's strategy is to pursue high-margin project development opportunities in these profitable and growing markets; specifically, in the U.S. and Europe, where the Company has a market-leading position in several geographies, including Poland, Hungary, Minnesota and New York. For more information, please visit www.renesolapower.com.
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SOURCE ReneSola Ltd. | https://www.whsv.com/prnewswire/2022/09/07/renesola-power-announces-second-quarter-2022-financial-results/ | 2022-09-07T21:10:38Z |
– Acquires Seven Properties for $339 Million within Prime Infill Southern California Submarkets –
– Year-to-Date Investments Total $2.0 Billion –
LOS ANGELES, Sept. 7, 2022 /PRNewswire/ -- Rexford Industrial Realty, Inc. (the "Company" or "Rexford Industrial") (NYSE: REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, today announced the acquisition of seven industrial properties for an aggregate purchase price of $338.9 million. The purchases were funded using a combination of cash on hand and the Company's line of credit.
"These investments demonstrate Rexford Industrial's unique ability to create value and drive accretive cash flow growth by leveraging our value-add industrial property expertise and proprietary access to well-located, off-market investment opportunities within infill Southern California, the nation's largest and most sought-after industrial market," stated Howard Schwimmer and Michael Frankel, Co-Chief Executive Officers of the Company. "Our deep market penetration enables a highly selective approach to capital allocation, demonstrated by our $2.0 billion of investments year-to-date and pipeline of over $200 million of additional investments under contract or accepted offer, which are projected to generate stabilized return on investment well in-excess of market yields. The Company is favorably positioned with a low-leverage balance sheet to deliver long-term value creation for our shareholders through the execution of our internal and external growth strategies."
In July, August and September, through off-market transactions, the Company acquired:
- 2880 E. Ana Street, Rancho Dominguez, located within the LA – South Bay submarket for $34.6 million or $213 per land square foot. Following the near-term lease expiration, the Company intends to redevelop the 3.7-acre site into an industrial outdoor storage yard. The investment generates an initial 4.1% unlevered cash yield and is projected to grow to an unlevered stabilized cash yield on total investment of 5.2%. According to CBRE, the vacancy rate in the 220 million square foot LA – South Bay submarket was 0.9% at the end of the second quarter 2022.
- 17909 and 17929 S. Susana Road, Rancho Dominguez, located within the LA – South Bay submarket for $26.1 million, or $245 per land square foot. The 57,376 square foot, two building property is situated on 2.5 acres and leased at rents estimated to be 45% below current market rates. Upon expiration of the short-term leaseback, the Company intends to redevelop the site into a best-in-class low coverage logistics facility. The investment generates an initial 2.7% unlevered cash yield and is projected to grow to an unlevered stabilized cash yield on total investment of 5.1%.
- 21022 - 21034 S. Figueroa Street, Carson, located within the LA – South Bay submarket for $24.2 million, or $473 per square foot. The 51,185 square foot, single-tenant Class-A building is located in close proximity to the I-110 and I-405 freeways and the Ports of Los Angeles and Long Beach. The investment is projected to generate a 4.2% unlevered stabilized cash yield on total investment.
- 3901 Via Oro, Long Beach, located within the LA – South Bay submarket for $20.0 million, or $146 per land square foot. At lease expiration, the Company intends to redevelop the fully occupied, industrial-zoned land site with a new 74,000 square foot Class-A industrial building. The site features immediate access to the I-405 and I-710 freeways and is strategically located near the Ports of Los Angeles and Long Beach. The investment generates an initial 4.3% unlevered cash yield and is projected to grow to a 5.0% unlevered stabilized cash yield on total investment.
- 920 E. Pacific Coast Highway, Wilmington, located within the LA – South Bay submarket for $100.0 million, or $271 per land square foot. The 148,186 square foot low coverage, port adjacent logistics facility is situated on 8.5 acres along the overweight container trucking corridor and is leased to a single tenant through a long-term sale leaseback. The investment generates an initial 4.1% unlevered cash yield on total investment, growing over time by 4.0% annual contractual increases.
- 6000-6052 and 6027-6029 Bandini Boulevard, Commerce and Bell, respectively, located within the LA – Central submarket for $91.5 million, or $501 per square foot. The two fully occupied Class-A buildings total 182,782 square feet on 10.1 acres and are leased at rents estimated to be 35% below current market rates. Upon lease expiration, the Company intends to drive accretive cash flow growth through the renewal of existing tenants or the re-lease following a value-add repositioning plan. The investment generates an initial 2.4% unlevered cash yield and is projected to grow to a 4.8% unlevered stabilized cash yield on total investment. According to CBRE, the vacancy rate in the 271 million square foot LA – Central submarket was 0.8% at the end of the second quarter 2022.
- A three-building industrial portfolio in the City of Industry, located within the San Gabriel Valley submarket for $42.5 million, or $374 per square foot. The 113,733 square foot portfolio of fully occupied, Class-A single-tenant buildings, is leased at rents estimated to be 50% below current market rates. The initial 2.4% unlevered cash yield is projected to grow to an unlevered stabilized cash yield on total investment of 5.5%. According to CBRE, the vacancy rate in the 160 million square foot San Gabriel Valley submarket was 0.5% at the end of the second quarter 2022.
About Rexford Industrial
Rexford Industrial creates value by investing in, operating and redeveloping industrial properties throughout infill Southern California, the world's fourth largest industrial market and consistently the highest-demand, lowest supply market in the nation. The Company's highly differentiated strategy enables internal and external growth opportunities through its proprietary value creation and asset management capabilities. Rexford Industrial's high-quality, irreplaceable portfolio comprises 344 properties with approximately 41.6 million rentable square feet occupied by a stable and diverse tenant base. Structured as a real estate investment trust (REIT) listed on the New York Stock Exchange under the ticker "REXR," Rexford Industrial is an S&P MidCap 400 Index member. For more information, please visit www.rexfordindustrial.com.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws, which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as "may," "will," "should," "expects," "intends," "plans," "anticipates," "believes," "estimates," "predicts," or "potential" or the negative of these words and phrases or similar words or phrases which are predictions of or indicate future events or trends and which do not relate solely to historical matters. While forward-looking statements reflect the Company's good faith beliefs, assumptions and expectations, they are not guarantees of future performance. For a further discussion of these and other factors that could cause the Company's future results to differ materially from any forward-looking statements, see the reports and other filings by the Company with the U.S. Securities and Exchange Commission, including the Company's Annual Report on Form 10-K for the year ended December 31, 2021, and the Company's most recent Form 10-Q. The Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes.
Contact:
Investor Relations:
424 256 2153 ext. 401
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SOURCE Rexford Industrial | https://www.whsv.com/prnewswire/2022/09/07/rexford-industrial-announces-339-million-acquisitions/ | 2022-09-07T21:10:45Z |
Company plans up to $50 million community restoration fund for impacted residents
WEED, Calif., Sept. 7, 2022 /PRNewswire/ -- Roseburg Forest Products Co., the operators of the veneer mill at the center of the Mill Fire, is investigating whether the possible failure of a water-spraying machine from a third-party equipment manufacturer led to the ignition of the Sept. 2 structural fire.
Roseburg's mill produces its own electric power in a co-generation facility fueled by wood remnants. The generator ejects ash after consuming the wood; that ash is sprayed with cooling water, using a third-party-supplied machine. Roseburg is investigating whether the third-party machine failed to cool the ash sufficiently which thereby ignited the fire.
"The process for handling the ash and removing it safely depends on the proper functioning of the third-party machinery, so it's logical to investigate the potential failure of that machinery as the proximate cause of the fire," said Pete Hillan, spokesman for Roseburg Forest Products Co. "Roseburg is working closely with state and local investigators to determine if this is the case."
Although the origin of the fire is still to be determined, Roseburg plans to proactively provide up to $50 million for a community restoration fund for the initial recovery needs of impacted residents. The fund will assist residents with temporary shelter, medical supplies and treatment, transportation, clothing, food and water, and childcare/day care services.
"We know the fire has been devastating to Weed, and we are especially saddened by the loss of life," Hillan said. "It has had a severe impact on our cherished neighbors, and on us, with three of our team members among those who lost their homes."
Many members of the community are Roseburg employees, who along with their families, have been impacted by the fire. Roseburg team members will be offered counseling and other support services by the company.
Roseburg has organized a team intent on assisting the restoration of the community and finding what sparked the fire. To head up its response to the fire and help the community, Roseburg has hired the lawyer who represented the 70,000 fire victims' interests in the PG&E bankruptcy, San Francisco counsel Robert Julian, and his firm, Baker Hostetler.
The company anticipates its investigation into the cause of the fire will be completed within the next two weeks. If, in consultation with its insurers, Roseburg determines that the third-party equipment and/or Roseburg's property ignited the fire, Roseburg will request its insurers acknowledge coverage and open a claims processing office in Weed, with professional adjusters, to review and pay allowed community claims. Residents would not need a lawyer to file their claims. If community members are not satisfied with the adjuster's offer of payment, they would then be free to seek legal counsel to request a different amount.
Roseburg will make a further announcement on Sept. 14 with additional details about how residents can make their claims and what information and documentation they will need to gather and present to the adjusters.
Property owners and community members should notify their insurers of losses and needs to help protect their rights to be paid from their property and automobile insurance. Roseburg's fund is designed to assist the community members with emergency needs that may not be paid by their property and automobile insurance or may not be paid promptly during their immediate time of need. Roseburg recommends affected residents work with their property and automobile insurers to document and process their claims promptly.
While Roseburg is not admitting liability by setting up this community fund, as investigations are not complete, the company is aware of the painful process other communities endured when seeking assistance after similar fires. For that reason, Roseburg is setting up this fund before investigations are concluded so that the community can recover as quickly as possible. That includes the nearby Lincoln Heights community, a historic neighborhood established by employees of the mill who moved to Weed during the "Great Migration" of the 1920s. It also includes the community of Lake Shastina, which was affected by the Lava Fire last year.
"We are deeply grateful to the first responders for their quick and ongoing actions that doubtless prevented this fire from becoming even worse," Hillan said. "Even as they continue their work, we at Roseburg are committed to working closely with our community to ensure all of us recover as quickly as possible."
About Roseburg Forest Products
Founded in 1936, Roseburg Forest Products is a privately-owned company and one of North America's leading producers of particleboard, medium density fiberboard and thermally fused laminates. Roseburg also manufactures softwood and hardwood plywood, lumber, LVL and I-joists. The company owns and sustainably manages more than 600,000 acres of timberland in Oregon, North Carolina and Virginia, as well as an export wood chip terminal facility in Coos Bay, Ore. Roseburg products are shipped throughout North America and the Pacific Rim. To learn more about the company please visit www.Roseburg.com.
Contact: Pete Hillan
pete@singersf.com
831.227.5984
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SOURCE Roseburg Forest Products Co. | https://www.whsv.com/prnewswire/2022/09/07/roseburg-forest-products-co-investigating-possible-failure-ash-spraying-machinery-source-mill-fire/ | 2022-09-07T21:10:51Z |
HOUSTON, Sept. 7, 2022 /PRNewswire/ -- SAP, the worldwide leader in intelligent technology for the Oil, Gas, and Energy industries, will gain new value next week as its global innovation partner, Sierra Digital, unveils a series of breakthrough industry cloud solutions that simplify, extend, and enhance SAP technology.
A lead sponsor of Americas' SAP Users' Group's premiere industry show, "SAP Best Practices for Oil, Gas, and Energy" (September 12-14, Hyatt Regency, Downtown Houston), Sierra Digital will headline the conference with release of 9 new applications that revolutionize the user experience for a wide array of key players in the industry—everyone from Accountants and Project Managers to Land Owners.
Sierra's innovations are the result of SAP's strategic decision to facilitate the ability of partners, Sierra included, to bring to market "low code/no code" solutions on SAP's Business Technology Platform (BTP). Such solutions allow total customization of SAP's core code without the time, cost, or risk typically associated with old-school development cycles; their cloud-based home allows anywhere/anytime access, all linked direct to back-end SAP systems.
Breakthrough innovations introduced by Sierra at the show include EnerBridge, a suite of three BTP-based software extensions that significantly simplify Production Revenue Accounting (PRA) and Joint Venture Accounting (JVA) processes for Oil and Gas. OhZone, Sierra's line-of-business suite of workflow optimization applications, will also be featured.
Sierra's showing (Booth #201), will include a video podcast featuring industry-leading author/speaker Geoffrey Cann; and Benjamin Beberness, Global Vice-President for the Oil, Gas, and Energy Industry Business Unit (IBU) at SAP. An additional breakout session hosted by Sierra will feature Andrew Blum, Senior Account Executive of SAP's Customer Experience Team.
Sierra will also headline SAP's BTP Summit, October 18-19, at SAP's U.S.-based headquarters in Newtown Square, PA.
About Sierra: Sierra Digital is rapidly gaining worldwide attention and favor as SAP's new "BTP Application Innovation Station". A global partner to SAP with major development centers on four continents, Sierra distinctly offers SAP-certified 'follow-the-sun' innovation capabilities which enable accelerated, simplified, enhanced SAP experiences without the time, cost, or risk of traditional development cycles. Sierra is headquartered in Houston, Texas, and employs @ 300 in the United States and abroad. Visit Sierra @ https://www.sierradigitalinc.com.
CONTACT: Thomas Merrill, SVP of Branding & Marketing
Sierra Digital
t.merrill@sierradigitalinc.com
234-207-7500
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SOURCE Sierra Digital Inc. | https://www.whsv.com/prnewswire/2022/09/07/sierra-digital-showcases-breakthrough-industry-cloud-solutions-sap-oil-amp-gas-conference/ | 2022-09-07T21:10:58Z |
OLYMPIA, Wash., Sept. 7, 2022 /PRNewswire/ -- The Small Business Flex Fund celebrates a landmark achievement this week, surpassing its initial goal of raising $100 million in committed capital for Washington small businesses and nonprofits, particularly those in underrepresented communities.
Launched in June 2021, the Fund began with a $30 million investment of federal Coronavirus relief funds directed by Governor Jay Inslee to the Washington State Department of Commerce. It has since received support from Heritage Bank, JPMorgan Chase, Umpqua Bank and WaFd Bank. Two recent commitments from KeyBank and Wells Fargo have pushed the Fund past its fundraising goal, and the Fund now sits at a total of $105 million.
Commenting on the milestone, Governor Jay Inslee noted, "During the pandemic we heard from small businesses and nonprofits that having access to a low-interest loan program would fill an important financial gap in their ability to plan for recovery and growth. The Flex Fund is meeting that need. I appreciate all the banking partners and community organizations who are helping hundreds of businesses get back to work. Thanks to new commitments from KeyBank and Wells Fargo, hundreds more businesses can take advantage of this tool."
"KeyBank is committed to the communities we serve, and we are proud to help expand access for small business loans to nonprofits and businesses in the State of Washington", said Brian Maddox, national leader of KeyBank's Community Development Financial Institutions (CDFI) team. "Our $14.5 million investment is a key part of our efforts to create more strategic partnerships with CDFIs across the nation and build on the success of our National Community Benefits Plan."
"We appreciate the opportunity to partner with CDFIs, technical assistance providers, and funders in Washington to provide much needed capital to small businesses and nonprofits that are the lifeblood of communities across the state," said Megan Teare, managing director in Wells Fargo's Community Lending and Investment group. "We understand that CDFIs are an important part of our financial ecosystem, particularly during times of recovery, and are pleased to add Washington to the list of eight state-level small business pandemic recovery funds supported by Wells Fargo, through more than $49 million in loan and grant capital."
With just over $57 million in loans distributed to date, there is still almost $45 million in loans with fixed, low-interest rates of 3% and 4% available for eligible small businesses and nonprofits. The application deadline for the Fund has also been extended, so businesses and nonprofits with fewer than 50 employees and annual revenues of less than $3 million can still pre-apply online through March 2023. If qualified, business owners will be matched with a community lender, who will assist the business owner throughout the application process and, if needed, connect them to additional advisory support.
The Small Business Flex Fund is a public-private partnership aimed at helping small businesses and nonprofits recover from the impacts of the COVID-19 pandemic, fueling them to grow and thrive again. "Access to capital is a challenge for many small business owners and nonprofits in underrepresented communities even in good times. The Small Business Flex Fund not only provides a vital opportunity to recover and rebuild from the pandemic, but also serves as a catalyst for growth and expansion," said Lisa Brown, Director of the Washington State Department of Commerce. "We thank KeyBank and Wells Fargo for making this milestone contribution that helped the Fund surpass its goal of $100 million."
The Flex Fund has already provided low-interest loans of up to $150,000 to nearly 700 small businesses and nonprofits. Almost 80% of the funded small businesses and nonprofits are diversely owned. Recipients have spent their loans on a variety of business-related expenses, including utilities, rent, marketing, building improvements, payroll and supplies. To learn more about some of the businesses and nonprofits that have benefitted from this program, visit SmallBusinessFlexFund.org/borrowers-stories.
The Fund works with a network of local Community Development Financial Institutions (CDFIs) and lenders who have decades of experience serving the under-resourced communities and underbanked businesses the Flex Fund aims to help. Six of these community lenders are originating loans for the Fund, including Ascendus, Business Impact NW, Craft3, Evergreen Business Capital Community Finance, OBee Credit Union and the National Development Council's Community Impact Loan Fund.
The lenders are supported by leading technical assistance and business support organizations, including Business Impact Northwest's Washington Women's Business Center and Veterans Business Outreach Center, Center for Inclusive Entrepreneurship (CIE), the Minority Business Development Agency – Tacoma Business Center, Sister Sky Inc., Ventures Nonprofit and Spokane Neighborhood Action Partners (SNAP) Financial Access.
For more information and to apply, visit SmallBusinessFlexFund.org.
The Small Business Flex Fund provides access to flexible, low-interest loans and business support services to small businesses and nonprofits across Washington. Supported by the Washington State Department of Commerce, the Fund is a collaborative partnership of local and national community finance organizations created to support Washington's smallest businesses and address the needs of historically under-resourced and underbanked communities. The Fund includes leaders from across sectors, including local community lenders, national and state-based nonprofit organizations, corporations, philanthropic donors, and investors — all of whom are passionate about an equitable recovery across the state.
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SOURCE The Small Business Flex Fund | https://www.whsv.com/prnewswire/2022/09/07/small-business-flex-fund-exceeds-100-million-goal-support-equitable-recovery-washington-small-businesses-announces-extended-application-timeline/ | 2022-09-07T21:11:06Z |
READY, SHAKE, ENTER TODAY!
The Official Vodka Sponsor of the NFL is Calling All Football Fans and Gameday Hosts to
Show Off their Winning Sips
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- Dust off those jerseys and gameday party tricks, because Smirnoff is recruiting for its first-ever Cocktail Coordinator – an honorary position that requires unrivaled passion for the love of football, hosting and gameday cocktails. This season, millions of fans will gather across the country to cheer on their favorite teams, but when the final whistle blows, only one will land "The Best Job in America."
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9082751-smirnoff-cocktail-coordinator-nfl
Do you find yourself counting down the minutes to Kickoff? Do you serve up the most epic cocktails and delicious bites at your gameday watch parties? Prove it. Enter today at BestJobInAmerica.Smirnoff.com and show the world your most crowd-pleasing, championship-winning Smirnoff vodka cocktail recipe, and you just might score an interview for "The Best Job in America" and the chance to win an all-expenses-paid trip to Super Bowl LVII. Disclaimer: While this isn't an official job at Smirnoff, in a lot of ways it's even better.
"As gameday rituals continue to evolve, we've found that fans are craving and creating experiences that live up to a new 'home-gating' standard – one that's inclusive, celebratory and filled with delicious cocktails," said Jennifer Holiday Hudson, North America brand leader, Smirnoff. "To be the Cocktail Coordinator, we're looking for fans who not only serve the best Smirnoff cocktails but curate the best gameday experience for their friends and families."
Thousands will apply but only one will be named the first-ever Smirnoff Cocktail Coordinator, scoring "The Best Job in America" and board a private plane bound for Super Bowl LVII as Smirnoff's guest of honor. To help recruit for the position, Smirnoff has lined up an all-star roster of celebrity scouts including Emmy-nominated actor, producer and television host Anthony Anderson, NFL Legend Vernon Davis, and American Sportscasters Charissa Thompson and Kay Adams - all starring in a new series of Smirnoff ads that will run nationwide and on Smirnoff YouTube beginning this month.
"For me, gamedays aren't just about what's happening on the field. It's about bringing that extra vibe with the right mix of drinks, food and people," said Anthony Anderson. "Last year was Smirnoff's first season in the game, and we're turning things up even more as we search to find that one special fan who's all about taking gameday to the next level. Because that's what a Cocktail Coordinator does."
In its second year as the Official Vodka Sponsor of the NFL, Smirnoff is partnering with teams across the league and engaging fans at tailgates throughout the season:
- First up, Smirnoff is helping fans celebrate the season Kickoff at the Los Angeles Rams opening game on September 8 at SoFi Stadium, where tailgaters can apply to be the Cocktail Coordinator and some lucky fans will get to enjoy delicious Smirnoff cocktails with Anthony Anderson and Vernon Davis.
- Smirnoff is also taking over the Magic City when the Miami Dolphins take the field at Hard Rock Stadium on October 23 to honor the 50th Anniversary Celebration of the 1972 Perfect Season.
- Finally, Smirnoff will be in Glendale, Arizona, at State Farm Stadium on February 12 for Super Bowl LVII where its first-ever Cocktail Coordinator will be introduced to the world.
Stay up-to-date on the Cocktail Coordinator job search and delicious gameday cocktails all season long at BestJobInAmerica.Smirnoff.com and follow @Smirnoff on Instagram and @SmirnoffUS on Twitter. And no matter if you decide to celebrate Kickoff with our signature Sweet Victory or another Smirnoff cocktail of your choosing, please remember to drink responsibly.
SWEET VICTORY COCKTAIL
- 1.5 oz Smirnoff No. 21
- 1 oz Elderflower syrup
- 0.5 oz Lemon Juice
- 2 oz Club Soda
- Splash of Cranberry Juice (optional)
Method: Add all ingredients, except club soda and cranberry juice, into a shaker filled with ice and shake for about six to eight seconds. Add club soda into shaker and strain into highball glass filled with ice. Add a splash of cranberry juice and garnish.
SMIRNOFF X NFL BEST JOB IN AMERICA CONTEST
NO PURCHASE OF ALCOHOL OR ANY OTHER PRODUCT NECESSARY. U.S. only, 21+. Void where prohibited. Contest Entry Period: 9/7/2022 @ 12:00 a.m. ET - 10/31/22 @ 11:59:59 p.m. ET. To enter: Scan QR Code or access website directly at BestJobInAmerica.smirnoff.com. After age verification, complete entry form and submit a video (30-60 seconds) telling and showing us why you should be the Smirnoff "Cocktail Coordinator." COCKTAIL COORDINATOR IS AN HONORIFIC TITLE AND DIAGEO WILL NOT MAKE AN OFFER OF EMPLOYMENT TO CONTEST GRAND PRIZE WINNER. Video should address your passion for football, hosting parties and making cocktails. (Professional bartenders/alcohol beverage retail license-holders NOT eligible). Video must be truthful, original and cannot violate third party rights. DO NOT CONSUME ALCOHOL IN VIDEO. Videos judged based on expression of passion for and knowledge of football/hosting/cocktail-making as well as alignment with the spirit and values of the SMIRNOFF brand. By entering, you assign all right, title and interest in video to Sponsor. Limit 1 entry per person. Finalist Prize: on 1/29/23 Finalists will compete in Final Round by throwing "home-gating" party in local market to determine Grand Prize Winner. Finalists will be judged in Final Round based on live interview in addition to video. Grand Prize is a trip to Super Bowl® LVII in Glendale, AZ on 2/12/23. Prize forfeited if Finalist or Grand Prize winner not available on date of corresponding event/activity. Guests of Grand Prize winner must be 21+. ALCOHOL IS NOT PART OF ANY PRIZE. See Official Rules at website for full details. Sponsor: Diageo Americas, Inc., New York, NY.
Please Drink Responsibly.
The Smirnoff Co., New York, NY.
© 2022 NFL Properties LLC. All NFL-related trademarks are trademarks of the National Football League. Contest not sponsored or offered by the National Football League.
About SMIRNOFF
Smirnoff has been giving the people what they want since 1864, serving as a catalyst to revolutionize drinking culture across generations: from inventing the Mule and reimagining the vodka martini to creating a cultural mainstay that defines the flavored malt beverage category with the launch of Smirnoff Ice in 2000.
Because the brand is dedicated to the people and their evolving taste preferences, Smirnoff has an option for everyone along with a dedicated history of adding fun to any occasion while keeping diversity and inclusion at the forefront. Truly showing the power of socializing when everyone (21+) is invited to celebrate.
The Smirnoff portfolio offers a variety of options for adults across vodka and flavored malt beverages. Current offerings include foundations in Smirnoff No. 21 Vodka and Smirnoff Ice, a line of flavors in North America and ready-to-serve flavored malt beverages including Smirnoff Seltzer and Smirnoff Ice Smash. From culturally relevant limited editions to new innovations and zero sugar offerings, Smirnoff has always been known for quality and affordability, and prides itself on giving the people what they want.
About Diageo North America
Diageo is a global leader in beverage alcohol with an outstanding collection of brands including Johnnie Walker, Crown Royal, Bulleit and Buchanan's whiskies, Smirnoff, Cîroc and Ketel One vodkas, Casamigos, DeLeon and Don Julio tequilas, Captain Morgan, Baileys, Tanqueray and Guinness.
Diageo is listed on both the New York Stock Exchange (NYSE: DEO) and the London Stock Exchange (LSE: DGE) and their products are sold in more than 180 countries around the world. For more information about Diageo, their people, brands, and performance, visit www.diageo.com. Visit Diageo's global responsible drinking resource, www.DRINKiQ.com, for information, initiatives, and ways to share best practice. Follow on Twitter and Instagram for news and information about Diageo North America: @Diageo_NA.
MEDIA CONTACTS:
Nicole Anastasi
DIAGEO
Nicole.Anastasi@diageo.com
704-796-9992
TAYLOR
Smirnoff@taylorstrategy.com
*This role is not posted on behalf of Diageo. Created for promotional purposes only
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SOURCE Smirnoff | https://www.whsv.com/prnewswire/2022/09/07/smirnoff-is-recruiting-best-job-america-be-first-ever-cocktail-coordinator/ | 2022-09-07T21:11:13Z |
SKOKIE, Ill., Sept. 7, 2022 /PRNewswire/ -- Tenneco Inc. (NYSE: TEN) ("Tenneco") today announced that it has given notice of its intention to redeem all of its outstanding 5⅜% Senior Notes due 2024 (the "2024 Notes") and all of its outstanding 5.0% Senior Notes due 2026 (the "2026 Notes" and, together with the 2024 Notes, the "Notes") on October 7, 2022 (such date, as it may be extended as described below, the "Redemption Date"), subject to the satisfaction of certain conditions.
The aggregate principal amount outstanding of the 2024 Notes is $225,000,000. The redemption price for the 2024 Notes will be equal to 100.896% of the principal amount thereof, plus accrued and unpaid interest on such Notes from June 15, 2022 (the most recent interest payment date) to, but excluding, the Redemption Date, for a total payment to holders of $1,025.68 per $1,000 principal amount of 2024 Notes (assuming the Redemption Date occurs on October 7, 2022).
The aggregate principal amount outstanding of the 2026 Notes is $500,000,000. The redemption price for the 2026 Notes will be equal to 101.667% of the principal amount thereof, plus accrued and unpaid interest on such Notes from July 15, 2022 (the most recent interest payment date) to, but excluding, the Redemption Date, for a total payment to holders of $1,028.06 per $1,000 principal amount of 2026 Notes (assuming the Redemption Date occurs on October 7, 2022).
The obligation of Tenneco to redeem the Notes and pay the applicable redemption price to the holders of the Notes on the Redemption Date is conditioned on (i) the completion of the acquisition of Tenneco by Pegasus Holdings III, LLC ("Holdings") pursuant to the terms of the Agreement and Plan of Merger, dated February 22, 2022, among Tenneco, Pegasus Merger Co. ("Merger Sub") and Holdings (such condition, the "Merger Condition") and (ii) the completion by Merger Sub of an offering of debt securities on or prior to the Redemption Date in an aggregate principal amount satisfactory to Merger Sub (such condition, the "Financing Condition"), and the Redemption Date may be delayed until each of the Merger Condition and Financing Condition has been satisfied or waived by Tenneco. If either the Merger Condition or the Financing Condition is not satisfied or waived, Tenneco may elect to rescind the notice of redemption and terminate the redemption and return any tendered Notes of such series to the holders thereof. If the Redemption Date is extended or the redemption is terminated, the Company will provide notice to holders of the Notes no later than 5:00 p.m. New York time on the business day immediately preceding the Redemption Date (or the new Redemption Date based on any extension).
Unless Tenneco defaults in paying the redemption price in full for the respective series of Notes on the Redemption Date and assuming the applicable notice of redemption is not rescinded, interest on such series of Notes shall cease to accrue on and after the Redemption Date, and the only remaining right of the holders of such series of Notes will be to receive payment of the applicable redemption price upon surrender of their Notes.
U.S. Bank National Association is the Trustee and the Paying Agent with respect to each series of Notes.
This press release is for information purposes only and shall not constitute the official notice of redemption for each series of Notes required under the respective indenture governing such series of Notes, which notice shall be provided by the Trustee on behalf of Tenneco.
About Tenneco
Tenneco is one of the world's leading designers, manufacturers, and marketers of automotive products for original equipment and aftermarket customers, with full year 2021 revenues of $18 billion and approximately 71,000 team members working at more than 260 sites worldwide. Through our four business groups, Motorparts, Performance Solutions, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.
Investor inquiries
Linae Golla
847 482-5162
lgolla@tenneco.com
Rich Kwas
248 849-1340
rich.kwas@tenneco.com
Media inquiries
Bill Dawson
847 482-5807
bdawson@tenneco.com
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SOURCE Tenneco Inc. | https://www.whsv.com/prnewswire/2022/09/07/tenneco-announces-conditional-redemption-5-senior-notes-due-2024-50-senior-notes-due-2026/ | 2022-09-07T21:11:20Z |
Strategic acquisition will support roster of international clients, provide more technical resources to ensure customer success
RICHMOND, Va. and BERLIN, Sept. 7, 2022 /PRNewswire/ -- Terazo, a software development and managed services firm, announced today that it has acquired Berlin-based c20y, the European leader in cloud contact center integration services. The strategic acquisition will give Terazo an international presence with team members on the ground across Europe to support current and future clients.
"This is a big win for our customers, partners, and employees," said c20y co-founder Maximilian Deuber. "The common threads between our service areas, our values, and the solutions-based approach we both take to helping our customers made this an ideal fit."
The acquisition is also a direct investment in Terazo and c20y's respective partnerships withTwilio (NYSE: TWLO), the customer engagement platform that drives real-time, personalized experiences for today's leading brands, given both companies' status as Twilio Gold Consulting Partners and c20y's recognition as the leading contact center transformation provider in Europe, with past clients including Flixbus and xarvio, a BASF company.
"Both Terazo and c20y have deep relationships within the Twilio ecosystem," added c20y co-founder Daniel Maier. "We have a shared focus on outcome-based solutions and building long-term relationships with our clients, much like Twilio, and the combined company will only fuel our collective growth."
"We have a lot of respect for how Max, Daniel, and the distributed team at c20y have built their business and relationships with their clients," said Terazo CEO Mark Wensell. "The need for Twilio Flex integrations has increased as leading organizations strive to deliver a seamless experience for their customers. Bringing this knowledgeable team together with ours will help our customers reach and exceed their Flex-related digital transformation goals faster than ever before."
"c20y is one of our most respected and trusted Twilio services partners in Europe, and Terazo has built a great Twilio services brand in North America," said Thomas Spiegl, vice president Germany, Austria, and Switzerland at Twilio. "We expect this combination of two Gold-level Twilio Build program partners to be in a position to deliver more effectively to our global customers. Partners like c20y and Terazo have had a huge impact in the successful deployments of Twilio Flex and other Twilio services that are changing how companies engage with their customers."
Terazo is a solutions-oriented, platform-centric software development and managed services firm serving clients internationally, offering integration and automation services that enable clients large and small to run more efficiently and realize new business value. The growing company, founded in 2016, supports mission-critical platforms, applications, and online services for customers in a wide variety of fields. For more information, please visit https://terazo.com.
c20y is a solutions-oriented software company focused on contact center transformation and integration. Primarily utilizing Twilio communications tools and methodologies, the growing company helps organizations in a wide range of industries meet and exceed growing customer and vendor service expectations. The company was founded in Berlin, Germany. For more information, please visit https://c20y.com.
Contact: Trevor Dickerson
Phone: +1.804.467.4455
Email: trevor.dickerson@terazo.com
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SOURCE Terazo | https://www.whsv.com/prnewswire/2022/09/07/terazo-acquires-c20y-european-contact-center-integration-specialist-broaden-global-reach-deepen-twilio-flex-capabilities/ | 2022-09-07T21:11:27Z |
Easy Joy stores now offer delicious co-branded coffee products in select stores
SHANGHAI, Sept. 7, 2022 – September 7, 2022 – TH International Limited, the exclusive operator of Tim Hortons coffee shops in China ("Tims China"), announced the launch of two co-branded ready-to-drink (RTD) coffee products in partnership with Sinopec's Easy Joy, China's largest convenience store chain. This new product roll-out is part of a broader collaboration between Tims China and Easy Joy, which was announced in July and began with the opening of three Tims Express coffee shops in Easy Joy stores in August.
Both new coffee products, available in latte and mocha flavors, were developed after significant consumer research and are brewed with premium arabica beans. The smooth and satisfying latte has touch of hazelnut chocolate, and the mocha has a rich chocolate taste with a light hazelnut finish. The stylish and convenient packaging is designed to be environmentally friendly.
Yongchen Lu, CEO of Tims China, said, "We are committed to continuous innovation for our customers, and this new product offers the convenience and flavor that consumers are looking for today and expect from the Tims brand. China's RTD coffee market is large and growing rapidly, and we are excited to take this next step in our partnership with Easy Joy, with their large customer base and footprint of over 27,800 stores."
Yan Liu, President of Easy Joy, said, "RTD is not only a reflection of the deepening cooperation between Tims China and Easy Joy, but also another useful attempt to expand and diversify the company's service ecosystem. I believe the launch of RTD products will provide more convenient choices for Easy Joy's 250 million loyal customers."
About TH International Limited
TH International Limited ("Tims China") is the parent company of the exclusive master franchisee of Tim Hortons coffee shops in China, including Hong Kong and Macau. TH International Limited was founded by Cartesian Capital Group and Tim Hortons Restaurants International, a subsidiary of Restaurant Brands International (TSX: QSR) (NYSE: QSR).
Tims China offers freshly brewed coffee, tea and other beverages, bakery & sides, and sandwiches and is an emerging coffee champion in China. The brand's philosophy is rooted in world-class execution and data-driven decision making and centered on true local relevance, continuous innovation, genuine community, and absolute convenience. For more information, please visit www.timhortons.com.cn.
About Easy Joy
Easy Joy is a leading convenience store chain in China, with over 27,800 stores and 190 million loyalty members. Easy Joy is a subsidiary of Sinopec, the largest gas station network in China. Sinopec is listed on the New York Stock Exchange (SNP), the Shanghai Stock Exchange (600028), and the Hong Kong Stock Exchange (0386).
Contacts
Public Relations
ICR, LLC
TimsChinaPR@icrinc.com
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SOURCE TH International Limited | https://www.whsv.com/prnewswire/2022/09/07/tims-china-easy-joy-launch-ready-to-drink-coffee/ | 2022-09-07T21:11:33Z |
- Precision medicine innovator uMETHOD now serves Arizona patients in-home; mobile draws in the Greater Phoenix area quadruple in the first month.
- On-demand remote lab collection supports patients and caregivers across the cognitive decline spectrum, including mild cognitive impairment, mild dementia, and mild Alzheimer's disease.
PHOENIX, Sept. 7, 2022 /PRNewswire/ -- Remote healthcare delivery leader Getlabs and precision medicine for chronic conditions innovator uMETHOD today announced a partnership that makes Getlabs' at-home lab services available to all Arizona patients utilizing the RestoreU care program from uMETHOD. Easy access to remote and home-based care is often essential for those experiencing some form of cognitive decline, helping reduce risk and increase convenience for both patients and caregivers.
Alzheimer's disease is a growing public health crisis in Arizona, where more than 150,000 people aged 65 and older are living with Alzheimer's and 15-20% of people aged 60 and older have mild cognitive impairment. In three years, the number of Arizonans living with Alzheimer's disease is projected to increase by more than 33%, the fastest rate of growth in the country.
"One of the biggest contributors to non-compliance with care plans is unfulfilled lab orders," said Kyle Michelson, Founder, and CEO, Getlabs. "Through our partnership with uMETHOD, we can meet patients where they are, increasing odds of treatment compliance and helping patients maintain independence, daily activities and lifestyle."
uMETHOD's AI-based care planning solution, RestoreU, connects diagnostics to actionable treatment recommendations to minimize a patient's risk of developing Alzheimer's and slow progression of the disease in its early stages. Working in partnership with patients' existing doctors, RestoreU combines big data, medical research, and advanced algorithms to target reversible causes of cognitive decline unique to each patient. Those reversible causes are addressed by evidence-based treatment recommendations outlined in the patient's RestoreU care plan. The personalized care plan includes pharmacological and supplementation-based therapies, specific lifestyle interventions, and medication management to minimize brain fog and fall risk.
"We know that the impact of Alzheimer's disease in Arizona is at a dire level. Early identification and subsequent treatment are essential to helping patients with cognitive decline maintain their brain health and their independent lifestyle," said Vik Chandra, CEO of uMETHOD Health. "Our partnership with Getlabs makes diagnostics collection easy and painless, improving the odds that patients and their doctors can understand their unique biomarkers and that patients can begin their journey towards improved brain health."
Samples collected by Getlabs in Arizona are sent to Sonora Quest Laboratories, a leading diagnostic laboratory, to be tested, with results reported to the patient's ordering health care provider. Patients can also obtain their results online at sonoraquest.com/results.
"Sonora Quest's mission is to drive exceptional customer value throughout the continuum of care. By collaborating with healthcare partners like uMETHOD and Getlabs in Arizona, we help care teams focus on the patient's whole well-being and deliver on the mission to make access to testing easier and more convenient for the communities we serve," said Sonora Quest Chief Growth Officer, Christina Noble.
Patients should ask their doctor to get the RestoreU panel done through Getlabs, and a mobile phlebotomist will travel to the patient's home or office to collect their samples. Results are reported to the patient's ordering health care provider.
Getlabs provides the nationwide infrastructure for at-home healthcare delivery. Patients can book a Getlabs phlebotomist to draw their lab tests at their home or office. Healthcare providers can dispatch Getlabs' medical professionals to their patients to collect the diagnostic tests they need. By creating the infrastructure for providers to make informed medical decisions remotely, Getlabs helps bridge the gap between digital and in-person care. Visit getlabs.com for more information.
Seventy-five percent of those over 65 have more than one chronic disease. This consumes 86% of healthcare spend in the United States. uMETHOD Health offers sophisticated precision-medicine methodologies that empower physicians to better manage the outcomes and costs of these complex chronic diseases through customized care. For more information visit http://www.umethod.com.
Sonora Quest Laboratories is a joint venture between Banner Health and Quest Diagnostics (NYSE: DGX), is part of the nation's largest integrated laboratory system with approximately 3,800 employees, serving more than 33,000 patients every day throughout Arizona, and performing more than 97 million diagnostic tests per year. Sonora Quest Laboratories offers a comprehensive test menu that encompasses routine, molecular, prescription drug monitoring, genetic/genomic, women's health, and pathology testing services. My Lab ReQuest™ provides consumers direct access to a diverse range of affordable screening tests that can be ordered online at SonoraQuest.com or in any of Sonora Quest's more than 70 patient service centers across Arizona. Sonora Quest Laboratories is accredited by the College of American Pathologists (CAP), which is the gold standard in laboratory accreditation, helping laboratories to maintain the accuracy of test results and ensure accurate patient diagnosis. This accreditation ensures the highest standard of care for all laboratory patients as CAP inspectors examine laboratory operations.
Media Contact:
press@getlabs.com
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SOURCE Getlabs | https://www.whsv.com/prnewswire/2022/09/07/umethod-taps-getlabs-deliver-in-home-diagnostics-patients-with-cognitive-decline/ | 2022-09-07T21:11:40Z |
KING OF PRUSSIA, Pa., Sept. 7, 2022 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE:UHT) announced today that its Board of Trustees voted to pay a dividend of $.71 per share on September 30, 2022 to shareholders of record as of September 19, 2022.
Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service-related facilities including acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, sub-acute care facilities, surgery centers, childcare centers, and medical office buildings. The Trust has seventy-six investments in twenty-one states.
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SOURCE Universal Health Realty Income Trust | https://www.whsv.com/prnewswire/2022/09/07/universal-health-realty-income-trust-announces-dividend/ | 2022-09-07T21:11:47Z |
The invite-only gathering will take place at the stunning 69th Floor of the World Trade Center in New York City on Sept 12, 2022
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- UNREVEALED (NRVLD.CO), the new Web3 Community from Bellwether Culture, UZO Media Productions, and Moss Martin Media announced the launch of UNREVEALED (NRVLD) NYFW. Built in partnership with the award-winning Nolcha Show's team, NRVLD NYFW is held during the peak of New York Fashion Week & will be the platform for major industry announcements from The Royal House of Medici™, Bellwether Culture, and The Gold Mask Society.
NRVLD NYFW is a follow-up to their inaugural Miami Art Week gathering, which included participation by OneOf, Alexis Ohanian, Swan Sit, Pitbull, Marjorie Hernandez, and Deepak Chopra. Providing arguably the World's most iconic 360-degree views, the World Trade Center is an awe-inspiring venue for brand leaders, technologists, artists, athletes, and activists at the intersection of Web3 + brand to learn and make connections.
"We built NRVLD to be a platform to amplify the voices of our community and the industry more broadly,'' said Uzo Udu, Co-Founder NRVLD. "NYFW is the perfect cultural moment to bring that community in person to make announcements and strengthen partnerships needed to progress Web3 and NFT initiatives."
"NFTs have become a dominant force in the fashion industry with major fashion houses already harnessing the great potential of NFT technology," said Alexei Falin, Co-Founder & CEO of Rarible. "Rarible is thrilled to participate in NRVLD NYFW to facilitate conversations between Web3 and fashion communities and encourage the two to explore the endless opportunities for collaboration."
NRVLD will stage significant Web3-related announcements from The Royal House of Medici™ and The Gold Mask Society.
"The Royal House of Medici™ will usher in the Digital Renaissance with contemporary artists, both digital and physical, invited to interpret classic works and the philosophy of Humanism as NFTs." - Ottaviano de' Medici, The Grand Duke of Tuscany, Chairman and Co-Founder, The Royal House of Medici™.
"The legacy of the Medici dynasty is our brand. Patrons of the arts; leaders, innovators, and thinkers who defined the Renaissance. We are excited to announce our plans and display our amazing artwork at NRVLD," said Richard Entrup, former Global CIO at Christie's, CTO at MoMA, and currently Strategic Advisor handling Artist Relations and Curation at The Royal House of Medici™.
"At NRVLD we'll hold the digital reveal and share our plans for The Gold Mask Society and our Web3 focus. This is the perfect moment and the perfect stage to share this beautiful piece with the world," said Sir Bence Ivancsics, Funding Partner, TGM Management LTD. "The 3000-year-old Mycenaean gold mask has been locked in a vault for 20 years, and there is no digital footprint of it."
The NRVLD NYFW agenda will creatively infuse art, tech, and fashion with libations provided by Great Jones Distilling Co. and community support from Web3 Daily.
- Bellwether Culture Podcast Session, Alexei Falin, Co-Founder & CEO, Rarible
- Bellwether Culture Podcast Session, Marquis Patrick Bonney, Co-Founder & CEO of The Royal House of Medici™ & Michael Stark of Starkminds
- Special Announcement from The Gold Mask Society
- NFT & AR Gallery by Pollen Studios, ft. The Royal House of Medici™ & The Gold Mask Society
- Live art experience by Rob Prior and J.O. Jerusalem
- Live entertainment story by DJ UZO & Friends
"Bellwether Culture has always led the way as a low-key B2B powerhouse community, and NRVLD is Web3's most exciting new gathering of tastemakers," said Pavan Bahl, CEO of Bellwether Culture and Co-Founder of NRVLD. "I can't wait to share how we have bridged relationships and invested in platforms that will allow our community to learn and grow into this new chapter of digital connection together."
For more information about UNREVEALED, visit https://nrvld.co/
Contact Rob@Bellwetherculture.com
For partnerships inquiries, visit https://www.nrvldpartners.com/
Contact NRVLDpartners@wearemci.com
Related Links
https://nrvld.co/
https://bellwetherculture.com/
https://www.uzomedia.com/
http://www.royalhouseofmedici.com/
https://thegoldmask.com/
https://rarible.com/
https://www.robprior.com/
https://starkminds.com/
https://join.web3daily.co/
https://proximospirits.com/
https://pollens.xyz/
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SOURCE UNREVEALED (NRVLD.CO) | https://www.whsv.com/prnewswire/2022/09/07/unrevealed-host-new-york-fashion-week-gathering-with-royal-house-medici-amp-gold-mask-society/ | 2022-09-07T21:11:53Z |
Inflation, labor costs, LEED certification set to drive up prices
CLEVELAND, Sept. 7, 2022 /PRNewswire/ -- US architectural service revenues are forecast to grow 4.9% per annum in nominal dollars through 2026 from a depressed base in 2021, according to Architectural Services: United States, a report recently released by Freedonia Focus Reports. Demand for architectural services is closely tied to US building construction expenditures, which are forecast to rise 6.2% annually from 2021 to 2026. Providers of architectural services stand to benefit from a growing emphasis on sustainable design. Value gains over the historical period were promoted by increasing demand for architects and designers certified by the US Green Building Council's Leadership in Energy and Environmental Design (LEED) program, which heightened architectural design time and fees, among other costs. This factor will continue to support value growth into the forecast period as demand for LEED certification continues to expand due to environmental concerns and efforts to lower building utility costs, in addition to potential tax deductions. The rising cost of acquiring land and constructing structures will limit faster growth in building construction expenditures and in demand for architectural services.
In 2022, architectural service revenues are expected to expand 4.3%, with the most notable gains seen in the single-unit residential segment (10%). Gains will stem from attempts by consumers to renovate their existing homes and construct new homes, in addition to rising prices in the face of inflation and rising labor costs.
These and other key insights are featured in Architectural Services: United States. This report forecasts to 2022 and 2026 US architectural services revenue in nominal US dollars. Total revenues are segmented by market in terms of:
- commercial
- single-unit residential
- interior design
- landscape
- multiple-unit residential
- other market such as architectural advising, historical restoration, and urban planning
This report includes the revenues of both employer and nonemployer establishments. The interior design segment represents interior design revenues generated by architectural firms. The revenues of interior design firms are excluded from the scope of this report.
More information about the report is available at:
Each month, The Freedonia Group – a division of MarketResearch.com – publishes over 20 new or updated Freedonia Focus Reports, providing fresh, unbiased analysis on a wide variety of markets and industries. Published in 20-30 pages, Focus Report coverage ranges from raw materials to finished manufactured goods and related services such as freight and construction. Additional Services & Industries reports can be purchased at Freedonia Focus Reports or MarketResearch.com.
Analysis is intended to guide the busy reader through pertinent topics in rapid succession, including:
- total historical market size and industry output
- segmentation by products and markets
- identification of market drivers, constraints, and key indicators
- segment-by-segment outlook in five-year forecasts
- a survey of the supply base
- suggested resources for further study
Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com
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SOURCE The Freedonia Group | https://www.whsv.com/prnewswire/2022/09/07/us-construction-spending-rising-demand-sustainable-design-drive-architectural-service-revenues/ | 2022-09-07T21:12:00Z |
Dave Riley, currently group CFO, to assume CEO role, furthering the global growth strategy of the Great Rail Journeys family of brands
CHICAGO, Sept. 7, 2022 /PRNewswire/ -- Vacations By Rail®, the U.S. based operation of the Great Rail Journeys family of brands, announced that Dave Riley has been appointed CEO for the global entity, which includes York-based Great Rail Journeys and Rail Discoveries, as well as Chicago-based Vacations By Rail®. The Great Rail Journeys family of brands serve as the world's leading provider of escorted holidays by rail, offering more than 200 escorted and independent rail and river cruise vacation packages to 50+ countries worldwide. Riley's appointment will further the company's global growth agenda.
"I am delighted to announce Dave Riley as the new Chief Executive of Great Rail Journeys. Dave has proven to be an outstanding leader since joining the business and his experience – both with the company and from his previous positions—made him the standout candidate," said Charles Gurassa, Chairman of the Board. "He brings deep financial, digital and operational expertise to the role and has worked successfully with several private equity groups. Under his guidance the Great Rail Journeys family of brands has an exciting future ahead."
Riley joined the company in October 2018, leading Finance, Operations, IT and HR functions across the U.K. and U.S. businesses. In his time, Riley helped the company establish their river cruise offering and expand its North American strategy. His appointment will fuel the global growth agenda for the portfolio of brands. Prior to Great Rail Journeys, Riley held leadership positions with Total Fitness, Good Hair Day (GHD) and Under Armour.
Dave Riley's appointment is part of Peter Liney's planned decision to step down from the role after nine years as CEO.
For further inquiries:
For interview requestions, more information or images, please contact the Vacations By Rail press team at vbr@finnpartners.com
About Vacations by Rail
Vacations By Rail® is North America's most comprehensive provider of global rail travel and tours and the trusted authority on rail. Vacations By Rail offers travellers the largest selection of independent rail vacations, escorted rail tours, and luxury rail journeys around the world. The company is committed to delivering innovative, fresh itineraries that surprise and delight customers and stand out as a unique and immersive way to explore the world. Vacations By Rail is part of UK-based Great Rail Journeys, an award-winning tour operator with nearly 50 years of experience designing global train vacations. The Great Rail Journeys family of brands, which also includes Rail Discoveries, is backed by Duke Street Private Equity. For additional information on Vacations By Rail and its collection of rail tours, visit www.vacationsbyrail.com.
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SOURCE Vacations By Rail | https://www.whsv.com/prnewswire/2022/09/07/vacations-by-rail-introduces-new-global-chief-executive-officer/ | 2022-09-07T21:12:06Z |
New Designs from The Top Two Fashion Tech Brands Provide Sustainable, Everyday Stylish Device Protection
IRVINE, Calif., Sept. 7, 2022 /PRNewswire/ -- Vinci Brands, a global leader in consumer tech protection, carry, and power solutions, today announced new fashion-forward and protective cases for the latest Apple iPhone 14 devices from kate spade new york and Coach, the #1 and #2 fashion tech brands in the U.S. From these leading, luxury fashion houses come a range of sustainable, stylish, and protective cases for the modern consumer. The kate spade new york and Coach cases are available now at Incipio.com, with select models available at Verizon, Best Buy, Target and other leading retailers worldwide.
"We're excited to provide environmentally-friendly and stylish, protective cases for the new iPhone 14 range from the iconic kate spade new york and Coach fashion houses," said Brian Stech, CEO of Vinci Brands. "Whether you're looking for a fashion-forward protective case designed for use with Apple's MagSafe ecosystem or a luxe folio that holds your essentials, our new line provides a wide array of options that are both on trend and timeless."
"The iPhone 14 collections from kate spade new york and Coach bring fresh prints and designs for the fashion-forward consumer," said Cassandra Shaw, Vinci Brands Director of Design. "When designing this year's collections, we wanted to focus on feminine celebration, bringing soft colors, florals, elevated glitter, and fun prints into the kate spade new york line. For Coach, we took a 'Past meets Present' approach for the free-spirited individual who appreciates nostalgic fashion, offering new case designs and prints such as a Signature C Ombre and Punk Rose Pink."
kate spade new york cases for the iPhone 14 series offer a mixture of fun and fashionable prints for effortless style without sacrificing performance or protection. Each case is made with recycled plastic and offers up to 12-feet of drop protection, advanced scratch resistance, antimicrobial protection that eliminates 99.9% of surface bacteria1, as well as 5G, MagSafe and wireless charging compatibility. Numerous designs are available, including new prints such as gold floral, flower pot, floral fields, classic peony cream, white zebra, gold ombre, and more. All MagSafe cases listed below include built-in magnets that have been designed for use with the Apple MagSafe ecosystem of accessories.
- Defensive Hardshell for MagSafe (MSRP: $64.99) - Crafted using two layers of co-molded protection and a dual-layered bumper to provide drop support up to 12-feet while boasting a slim, low profile.
- Folio Case (MSRP: $64.99) - A compact purse for your hands. Signature kate spade new york crumbs faux leather material ensures a soft-touch outer feel, while a smooth velvet lining keeps the phone snug and secure. Features storage slots for up to two credit cards for convenient organization.
- High Gloss Protective Hardshell for MagSafe (MSRP: $59.99) – The same Protective Hardshell case features with a new high-gloss, lacquer finish and tonal etched logo.
- Chunky Glitter Protective (MSRP: $49.99) – A new spin on the Protective Hardshell case, featuring real embedded glitter and an accented gold electroplated logo. Provides long-lasting protection with a fun glitter design.
- Wrap Case (MSRP: $54.99) – A timeless wrap case with signature kate spade new york aesthetics and premium scratch-resistant materials for a luxury look and feel, featuring a velvety soft touch interior to protect your phone.
- Protective Hardshell and Protective Hardshell for MagSafe (MSRP: $44.99 - $54.99) - A co-molded hardshell case with shock-resistant bumper for premium protection up to 10-feet, all while maintaining a lightweight and easy-grip feel for everyday use.
Coach cases for the iPhone 14 line expand on the 81-year-old brand's rich heritage to deliver iconic, fashion-forward, and eco-conscious products to the mobile space. Each case is made with recycled plastic and features 5G, MagSafe and wireless charging compatibility. Designs include the new Signature Ombre, Punk Rose Pink, along with timeless Coach prints such as Black Emboss and Signature Tan.
- Folio Case (MSRP: $99.99) – A bifold folio, available in either genuine Italian leather or Coach's signature canvas, designed with three credit card/ID slots and a magnetic closure to hold your everyday essentials. Includes a detachable case that can be separated from the folio and carried independently.
- Wrap Case (MSRP: $64.99) – Luxe protection with a wraparound design featuring 360-degree protection and a smooth interior finish for a soft and secure hold.
- Protective Case and Protective Case for MagSafe (MSRP: $54.99 - $64.99) - Delivers maximum protection while remaining slim, sleek, and chic. Features two-layer, co-molded protection with a shock-resistant bumper on the outer edges of the case for drop protection up to 10-feet, plus antimicrobial protection that eliminates 99.9% of surface bacteria. The Protective Case for MagSafe includes built-in magnets that have been designed for use with the Apple MagSafe ecosystem of accessories.
Through Vinci Brands' partnership with Close the Loop USA (CtL), consumers are provided with an end-of-life solution for their used phone case. At no charge, customers can receive a pre-paid shipping label to send a case from any brand to CtL for recycling by visiting Incipio.com.
1Excluding kate spade new york wrap case and kate spade new york folio case
iPhone® and MagSafe® are trademarks of Apple Inc.
Since its launch in 1993 with a collection of six essential handbags, Kate Spade New York has always stood for color, wit, optimism, and femininity. Today, it is a global lifestyle brand synonymous with joy, delivering seasonal collections of handbags, ready-to-wear, jewelry, footwear, gifts, home décor and more. Known for its rich heritage and unique brand DNA, Kate Spade New York offers a distinctive point of view, and celebrates communities of women around the globe who live their perfectly imperfect lifestyles. Kate Spade New York is part of the Tapestry house of brands.
Coach is a global fashion house founded in New York in 1941. Inspired by the vision of Creative Director Stuart Vevers and the inclusive and courageous spirit of its hometown, the brand makes beautiful things, crafted to last—for you to be yourself in.
Coach is a Tapestry, Inc. brand. Tapestry is publicly listed on the New York Stock Exchange under the ticker TPR.
Vinci Brands is a global leader in consumer tech protection, carry and power solutions operating an innovative and diverse portfolio of owned and licensed brands at the intersection of design, functionality, sustainability, and lifestyle. The company has an award-winning product portfolio that includes protective cases, shells, sleeves, bags, power management, enterprise and B2B solutions sold under the Incipio, Incase, Survivor, Griffin, kate spade new york, and Coach brands. Vinci Brands has operations in the United States, United Kingdom, Netherlands, Australia, and China. For more information visit www.vincibrands.com
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SOURCE Vinci Brands | https://www.whsv.com/prnewswire/2022/09/07/vinci-brands-announces-kate-spade-new-york-coach-branded-protective-cases-iphone-14-devices/ | 2022-09-07T21:12:13Z |
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- Warner Bros. Discovery (Nasdaq: WBD) today announced that its Chief Financial Officer Gunnar Wiedenfels will present at the Goldman Sachs Communacopia + Technology Conference on Tuesday, September 13, 2022 at 12:15 p.m. ET (9:15 a.m. PT).
A link to the live webcast of the presentation will be available in the "Investor Relations" section of Warner Bros. Discovery's website at https://ir.wbd.com/. An on-demand replay of the webcast will be available on the Company's Investor Relations website shortly after the conclusion of the presentation.
About Warner Bros. Discovery:
Warner Bros. Discovery (Nasdaq: WBD) is a leading global media and entertainment company that creates and distributes the world's most differentiated and complete portfolio of content and brands across television, film and streaming. Available in more than 220 countries and territories and 50 languages, Warner Bros. Discovery inspires, informs and entertains audiences worldwide through its iconic brands and products including: Discovery Channel, discovery+, CNN, DC, Eurosport, HBO, HBO Max, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, MotorTrend, Animal Planet, Science Channel, Warner Bros. Pictures, Warner Bros. Television, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others. For more information, please visit www.wbd.com.
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SOURCE Warner Bros. Discovery | https://www.whsv.com/prnewswire/2022/09/07/warner-bros-discovery-chief-financial-officer-gunnar-wiedenfels-present-goldman-sachs-communacopia-technology-conference/ | 2022-09-07T21:12:20Z |
The on-demand job marketplace was recognized as a company setting the standard for remote work through culture, benefits, and engagement
NASHVILLE, Tenn., Sept. 7, 2022 /PRNewswire/ -- Wonolo, an on-demand job marketplace that has served over one million workers, was named one of Quartz's Best Companies for Remote Workers, a global research-driven program from the Best Companies Group that analyzes employer programs, benefits, and practices.
"As we moved to being 100% remote, we persistently prioritized the culture at Wonolo so that it continues to strengthen and evolve. We believe that the wellness of our employees and their work-life balance is critical," said Jennifer Shewan, Wonolo's Vice President of People. "We want to ensure we're providing the best resources for them to thrive both at their jobs and outside of work."
Based on extensive employee surveys and employer responses, Wonolo ranked in Quartz's list of medium-sized companies at the forefront of remote work. The surveys analyzed Wonolo's practices and measured employee sentiment around the company's benefits, growth and development opportunities, leadership, communication, community involvement, employee engagement, and more.
Wonolo offers comprehensive health plans, 401K, generous parental leave, paid holidays, cell phone reimbursements, and more. Wonolo prioritizes both career and personal growth opportunities that set employees up for success. Flexibility is not only at the forefront of the business model, but also at the heart of the employee experience as the company offers unlimited paid time off, flexibility to work from anywhere, company retreats, team off-sites, happy hours, among other benefits. For more information about working at Wonolo, visit https://www.wonolo.com/careers/.
Wonolo is an on-demand job marketplace that has connected over one million workers ("Wonoloers") to retail, manufacturing, hospitality, and other types of hourly jobs posted by thousands of businesses across the United States. Wonolo is on a mission to make work flexible and fulfilling for everyone, while helping businesses efficiently fill local job opportunities. For more information, visit www.wonolo.com.
Quartz is a digitally native news organization with a mission to make business better. Our journalists around the world specialize in analysis of the global economy for an audience of purpose-driven professionals. We help our readers discover new industries, new markets, and new ways of doing business that are more sustainable, innovative, and inclusive. Quartz is the top business publication for global executives ages 25-45, and we have been a pioneer in premium, mobile-first, native advertising experiences since our founding in 2012.
Contact
press@wonolo.com
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SOURCE Wonolo Inc. | https://www.whsv.com/prnewswire/2022/09/07/wonolo-named-one-quartzs-best-companies-remote-workers-2022/ | 2022-09-07T21:12:26Z |
Updated September 7, 2022 at 5:23 PM ET
GREENVILLE, W.Va. — The Mountain Valley Pipeline exists as a 303-mile-long chain with hundreds of missing links. Without all of its federal permits, the natural gas project cannot cross Jefferson National Forest or many of the streams and wetlands in its proposed path from West Virginia to North Carolina.
That includes one segment at the bottom of Maury Johnson's family farmland in mountainous Monroe County, W.Va.
"It's built from there over to the next hollow, and they can't cross that stream," Johnson says, pointing about halfway down the ridge, near a small patch where he grows corn, pumpkins and zinnias.
That could change soon. When Congress passed historical climate spending last month, Sen. Joe Manchin (D-W.Va.) announced that his support had hinged on future legislation that would change the process for issuing permits for large energy infrastructure projects such as this one. A one-page summary released by Manchin's office explicitly named steps to support the completion and operation of the Mountain Valley Pipeline. With Congress back in session, debate over this deal and what it means for the future of fossil fuels in the United States is resuming.
In West Virginia, supporters of the pipeline, including Manchin, say finishing it will bring in $40 million annually in tax revenue to the state and provide greater energy security for the United States.
"There's not another project in America today that will bring this much energy within four to five months," Manchin told West Virginia's MetroNews radio network in August. "This has everything to do not only with West Virginia, but our country and the security and energy that we need."
But local environmental groups say this deal subverts community input processes, and new fossil fuel infrastructure is incompatible with U.S. climate goals.
"This is not just about Mountain Valley Pipeline, it's about every community that has been sacrificed across this country" to further fossil fuel extraction, says Johnson, an activist who says pipeline construction put sediment in his well water and degraded his farmland.
Lawsuits over environmental impact stalled the pipeline
A series of lawsuits has slowed the Mountain Valley Pipeline's progress.
Originally approved by the Federal Energy Regulatory Commission in 2017, the project was supposed to wrap up in 2018 with a budget of $3.5 billion. Environmental groups such as the Sierra Club and Appalachian Mountain Advocates sued federal agencies that issue the pipeline's permits, arguing they failed to adhere to environmental law, and succeeded in getting several permits thrown out, some more than once. The cost of the project ballooned to more than $6 billion.
The area is too steep, too full of rivers and streams and home to endangered species such as the candy darter, a small colorful fish, for the pipeline to be completed, says Joe Lovett, founder and executive director of Appalachian Mountain Advocates.
"It's just an inappropriate project. Some things just can't be built," he says.
Legislation to speed up permitting for energy projects could change how future lawsuits are handled.
Lawsuits against the pipeline have been heard in the U.S. Court of Appeals for the 4th Circuit, based in Richmond, Va. The summary from Manchin's office called for requiring "the relevant agencies to take all necessary actions to permit the construction and operation of the Mountain Valley Pipeline and give the D.C. Circuit jurisdiction over any further litigation."
Manchin, whose office did not respond to requests for comment for this story, is the top recipient of donations from pipeline companies, according to Open Secrets.
Local activists balked at these proposals.
"If you have a criminal on the street that breaks the law, do you hold the criminal accountable or do you change the law so that they're allowed to walk free?" says Autumn Crowe, program director with the non-profit West Virginia Rivers Coalition. That group has documented environmental concerns, including erosion and stream sedimentation, with federal regulators.
Equitrans Midstream Corporation, the company managing the pipeline's development and the largest owner of the project, did not respond to requests for interviews or comment for this story.
But pipeline advocates say lawsuits have led to unnecessary delays.
"There are certainly constituencies that believe that Mountain Valley has not had a fair hearing before a very narrow panel of judges," says Christine Tezak, managing director with Clearview Energy Partners, a research firm that advises investors in major energy projects such as pipelines.
Some want natural gas in the renewable energy future
For some in the area, the pipeline symbolizes a larger battle happening over the future of fossil fuels in the United States, amid the transition to renewable energy.
"People don't understand how many jobs are affected by gas, coal and oil," says Bill Ray Wiseman, who works in equipment sales related to coal mining.
The pipeline cuts a path through some of his land in Summers County, W.Va., and he says the pasture that created improved his land.
Wiseman says he knows the gas, which is slated for markets in the eastern and southeastern United States, will not lower his gas bills, but he still thinks it should be completed, and fossil fuels should stay in the picture.
For utility companies and industrial energy users on the other end of the pipeline, natural gas is a part of their clean energy plans, since it would reduce their use of coal, Tezak says.
"They look at the availability of natural gas as a way to do their job in a better and lower emissions fashion," she says.
But as climate scientists warn that the world must rapidly wean itself off fossil fuels, many others want it stopped.
"For the environmental community ... every incremental pipeline is one pipeline too many," says Tezak.
Maury Johnson, of Greenville, is in that group. He's heading to Washington, D.C. on Sept. 8 to join a protest against the pipeline and permitting reform, held by a group called People vs. Fossil Fuel.
Johnson says communities near fossil fuel infrastructure like Mountain Valley didn't get a say in the pipeline deal, and now they want to be heard.
"We're going to try to convince [Manchin] that this side deal is terrible," he says.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wyomingpublicmedia.org/2022-09-06/west-virginians-divided-over-natural-gas-pipeline-despite-manchins-support | 2022-09-07T21:32:00Z |
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