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Warner Thomas Leaving Ochsner; Pete November to Take Top Job
NEW ORLEANS – On Sept. 13, Ochsner Health’s board of directors announced that Warner Thomas, the health system’s current CEO, is leaving to take the top job at Sutter Health, a Sacramento, Ca.-based nonprofit that ranks as the nation’s 10th largest not-for-profit health system. Thomas’ career at Ochsner spanned 24 years. The board has unanimously voted to appoint Pete November, Ochsner Health’s current executive vice president and chief financial officer, as his successor beginning, appropriately enough, at the beginning of November.
“It’s bittersweet,” Thomas said while recording this week’s episode of the Biz New Orleans “Biz Talks” podcast with November. “I’m looking forward to the opportunity. Sutter Health Center is a great organization and has a long storied history dating back to the mid 1800s, but I’m also sad that I’m leaving. Ochsner is my family, my friends. We’ve gone through thick and thin together, and I really feel like we’ve made history together over the past 24 years.”
“Since joining Ochsner in 1998, and assuming the role of president and CEO in 2012, Warner has been instrumental in our growth and success. Under his leadership, Ochsner Health has expanded across Louisiana and the Gulf South and built a national reputation for quality and excellence,” said Andy Wisdom, chair of Ochsner’s board of directors, in a press release. “Warner’s legacy will live on at Ochsner for many years to come. On behalf of the entire board, we are grateful for his visionary leadership, and we wish him the very best in this next chapter.”
During Thomas’s tenure, Ochsner has grown to become the state’s biggest private employer (with roughly 36,000 employees) and the region’s largest healthcare system.
In the statement announcing his departure, the board credits him with helping Ochsner become a “regional healthcare destination and the top-ranked hospital in Louisiana for the past 11 years by U.S. News & World Report.” Ochsner said it has grown from 13,000 to approximately 36,000 employees, from 860 to more than 2,300 physicians and now provides care in 40 hospitals across Louisiana, Mississippi and Alabama.
Thomas prioritized workforce development programs and assisted in the creation of academic partnerships with universities and technical colleges across the region to build a pipeline of healthcare professionals. He launched a $100 million initiative to raise Louisiana’s national health rankings.
“Leading Ochsner Health over the past 10 years will be one of the greatest accomplishments of my career,” Thomas said. “I leave Ochsner with a tremendous amount of pride and satisfaction, but also a tremendous confidence in the future of the organization and the great accomplishments that are yet to come. With Pete at the helm and the exceptional leadership team in place, Ochsner Health will continue to navigate the challenges brought on by a changing healthcare landscape.”
Since joining Ochsner in 2012, November has held numerous senior leadership positions within the organization with responsibility ranging from operations and finance to partnership development and digital health. He led the development of Ochsner LSU Health System of North Louisiana. That involved hiring more than 300 physicians, expanding behavioral health services and investing more than $200 million.
“Pete is an exemplary leader who has a deep understanding of Ochsner Health, our patients and the communities we serve,” said Wisdom. “Over the last several years we’ve developed a clear leadership succession plan, and the Board’s unanimous vote is a strong signal of our confidence in Pete to build on Ochsner’s foundation of excellence to ensure we remain strong for many years to come.”
“This organization is an incredibly special place, and I am grateful to the Board for the opportunity to help shape its bright future,” said November, a Kentucky native who has lived in Louisiana for nearly 15 years. “It is a privilege to partner with our 36,000 employees and physicians to meet the needs and exceed the expectations of the communities we serve. As the leading health system in the Gulf South, I take seriously the responsibility we have to fulfill our mission, deliver innovative care and keep Ochsner strong for years to come.”
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https://www.bizneworleans.com/warner-thomas-leaving-ochsner-pete-november-to-take-top-job/
| 2022-09-14T07:01:48Z
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MAILI (KITV4) -- Local animal rescue organizations are sounding the alarm over an uptick in cases of animal cruelty, after a dog was found with two bullet wounds on Tuesday in Maili.
Cassie Moniz with Aloha Animal Outreach said she received a call around 4:30 p.m. about an injured dog laying on the side of Mailiilii Road.
When she got to the dog, it was covered in fleas, ticks, ants, and in pain.
Another Good Samaritan, who turned out to work at an animal hospital in Kapolei, pulled over to help.
Together, they took the dog to the hospital, thinking he had been run over.
"Come to find out, the doctor comes out and tells me you're not gonna believe this, someone shot him," explained Moniz. "I was in disbelief. She said he was actually shot before, but that wound had covered up. So the bullet had actually entered through the left side of this shoulder and went through his body and almost exited out the other side. So it's still in his body."
For now, Moniz said the dog's being monitored, but the next 24 hours are critical.
Aloha Animal Outreach will take him under it's wing, but will eventually need someone to help look after him till he can get back on his feet.
Moniz said she's recently seen more animal cruelty cases than usual.
Aloha Animal Outreach does plan to file a police report, and urges anyone who witnesses any type of animal cruelty to call police.
Do you have a story idea? Email news tips to news@kitv.com
Mika is the co-anchor for KITV4 Island News at 5, 6, and 10 p.m.
Since joining KITV4 in 2016, Mika has also served as a multimedia journalist, weather, and traffic anchor.
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https://www.kitv.com/news/animal-rescue-organizations-sound-alarm-after-dog-found-with-multiple-bullet-wounds-in-maili/article_7ee966ae-33f6-11ed-bac6-17d241523d1f.html
| 2022-09-14T07:13:56Z
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https://www.kitv.com/news/business/pumpkin-patch-sunflowers-lemonade-and-more-at-waimanalo-country-farms-this-fall/article_2675b4de-33ef-11ed-a650-cbbea637b69c.html
| 2022-09-14T07:14:02Z
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HONOLULU (KITV4) -- CrimeStoppers Honolulu spokesperson, Honolulu police Sgt. Chris Kim, appeared on KITV4 Island News at 4 on Tuesday for a live interview.
He provided some background information on CrimeStoppers, a non-profit organization, and explained how police often rely on the public's help to solve crimes.
He also spoke about two recent cases and showed surveillance video of the suspects:
On Tuesday, September 13, 2022, at approximately 2:19 a.m., an unknown suspect arrived at the complainant’s residence in the Manoa area in an SUV. The suspect poured an accelerant onto the complainant’s vehicle then set it on fire and fled the scene.
On Wednesday, August 31, 2022, at approximately 10:25 p.m., three masked males with armed handguns entered the Popeye’s Louisiana Kitchen on Kapahulu Avenue. The males demanded property from the restaurant employees as well as money from the restaurant and then fled the area in a black four-door sedan possibly a Nissan Altima.
Anyone with information about either incident is asked to call CrimeStoppers at (808) 955-8300. The public may also send anonymous web tips to www.honolulucrimestoppers.org or via the P3 Tips App.
Marisa Yamane joined KITV4 in January 2022 as an anchor and executive producer. She is an award-winning veteran journalist, who’s spent most of her career in Hawaii. She’s a proud graduate of Iolani School and UCLA.
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https://www.kitv.com/news/crime/crimestoppers-honolulus-sgt-chris-kim-discusses-two-recent-crimes/article_9708047c-33ea-11ed-bd2e-63a9b49b81eb.html
| 2022-09-14T07:14:08Z
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United States of America US Virgin Islands United States Minor Outlying Islands Canada Mexico, United Mexican States Bahamas, Commonwealth of the Cuba, Republic of Dominican Republic Haiti, Republic of Jamaica Afghanistan Albania, People's Socialist Republic of Algeria, People's Democratic Republic of American Samoa Andorra, Principality of Angola, Republic of Anguilla Antarctica (the territory South of 60 deg S) Antigua and Barbuda Argentina, Argentine Republic Armenia Aruba Australia, Commonwealth of Austria, Republic of Azerbaijan, Republic of Bahrain, Kingdom of Bangladesh, People's Republic of Barbados Belarus Belgium, Kingdom of Belize Benin, People's Republic of Bermuda Bhutan, Kingdom of Bolivia, Republic of Bosnia and Herzegovina Botswana, Republic of Bouvet Island (Bouvetoya) Brazil, Federative Republic of British Indian Ocean Territory (Chagos Archipelago) British Virgin Islands Brunei Darussalam Bulgaria, People's Republic of Burkina Faso Burundi, Republic of Cambodia, Kingdom of Cameroon, United Republic of Cape Verde, Republic of Cayman Islands Central African Republic Chad, Republic of Chile, Republic of China, People's Republic of Christmas Island Cocos (Keeling) Islands Colombia, Republic of Comoros, Union of the Congo, Democratic Republic of Congo, People's Republic of Cook Islands Costa Rica, Republic of Cote D'Ivoire, Ivory Coast, Republic of the Cyprus, Republic of Czech Republic Denmark, Kingdom of Djibouti, Republic of Dominica, Commonwealth of Ecuador, Republic of Egypt, Arab Republic of El Salvador, Republic of Equatorial Guinea, Republic of Eritrea Estonia Ethiopia Faeroe Islands Falkland Islands (Malvinas) Fiji, Republic of the Fiji Islands Finland, Republic of France, French Republic French Guiana French Polynesia French Southern Territories Gabon, Gabonese Republic Gambia, Republic of the Georgia Germany Ghana, Republic of Gibraltar Greece, Hellenic Republic Greenland Grenada Guadaloupe Guam Guatemala, Republic of Guinea, Revolutionary
People's Rep'c of Guinea-Bissau, Republic of Guyana, Republic of Heard and McDonald Islands Holy See (Vatican City State) Honduras, Republic of Hong Kong, Special Administrative Region of China Hrvatska (Croatia) Hungary, Hungarian People's Republic Iceland, Republic of India, Republic of Indonesia, Republic of Iran, Islamic Republic of Iraq, Republic of Ireland Israel, State of Italy, Italian Republic Japan Jordan, Hashemite Kingdom of Kazakhstan, Republic of Kenya, Republic of Kiribati, Republic of Korea, Democratic People's Republic of Korea, Republic of Kuwait, State of Kyrgyz Republic Lao People's Democratic Republic Latvia Lebanon, Lebanese Republic Lesotho, Kingdom of Liberia, Republic of Libyan Arab Jamahiriya Liechtenstein, Principality of Lithuania Luxembourg, Grand Duchy of Macao, Special Administrative Region of China Macedonia, the former Yugoslav Republic of Madagascar, Republic of Malawi, Republic of Malaysia Maldives, Republic of Mali, Republic of Malta, Republic of Marshall Islands Martinique Mauritania, Islamic Republic of Mauritius Mayotte Micronesia, Federated States of Moldova, Republic of Monaco, Principality of Mongolia, Mongolian People's Republic Montserrat Morocco, Kingdom of Mozambique, People's Republic of Myanmar Namibia Nauru, Republic of Nepal, Kingdom of Netherlands Antilles Netherlands, Kingdom of the New Caledonia New Zealand Nicaragua, Republic of Niger, Republic of the Nigeria, Federal Republic of Niue, Republic of Norfolk Island Northern Mariana Islands Norway, Kingdom of Oman, Sultanate of Pakistan, Islamic Republic of Palau Palestinian Territory, Occupied Panama, Republic of Papua New Guinea Paraguay, Republic of Peru, Republic of Philippines, Republic of the Pitcairn Island Poland, Polish People's Republic Portugal, Portuguese Republic Puerto Rico Qatar, State of Reunion Romania, Socialist Republic of Russian Federation Rwanda, Rwandese Republic Samoa, Independent State of San Marino, Republic of Sao Tome and Principe, Democratic Republic of Saudi Arabia, Kingdom of Senegal, Republic of Serbia and Montenegro Seychelles, Republic of Sierra Leone, Republic of Singapore, Republic of Slovakia (Slovak Republic) Slovenia Solomon Islands Somalia, Somali Republic South Africa, Republic of South Georgia and the South Sandwich Islands Spain, Spanish State Sri Lanka, Democratic Socialist Republic of St. Helena St. Kitts and Nevis St. Lucia St. Pierre and Miquelon St. Vincent and the Grenadines Sudan, Democratic Republic of the Suriname, Republic of Svalbard & Jan Mayen Islands Swaziland, Kingdom of Sweden, Kingdom of Switzerland, Swiss Confederation Syrian Arab Republic Taiwan, Province of China Tajikistan Tanzania, United Republic of Thailand, Kingdom of Timor-Leste, Democratic Republic of Togo, Togolese Republic Tokelau (Tokelau Islands) Tonga, Kingdom of Trinidad and Tobago, Republic of Tunisia, Republic of Turkey, Republic of Turkmenistan Turks and Caicos Islands Tuvalu Uganda, Republic of Ukraine United Arab Emirates United Kingdom of Great Britain & N. Ireland Uruguay, Eastern Republic of Uzbekistan Vanuatu Venezuela, Bolivarian Republic of Viet Nam, Socialist Republic of Wallis and Futuna Islands Western Sahara Yemen Zambia, Republic of Zimbabwe
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https://www.kitv.com/news/crime/honolulu-police-department-promotes-17-officers-and-14-civilians/article_a61e5b58-33f1-11ed-ad18-1b1fd9fe35d6.html
| 2022-09-14T07:14:15Z
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HONOLULU (KITV4) -- There have been two separate "stranger danger" incidents at different schools across the state over the last few weeks. Suspects involved in each incident, one at Jarrett Middle School and one at Honaunau Elementary, have been arrested. But concerns remain.
The Department of Education is pointing KITV4 to an email and letter concerning each of the incidents for information. The department is also saying both principals didn't want to talk. But one Jarrett Middle School parent did want to talk and so did a security professional who teaches safety to schools.
The joy of children going to Jarrett Middle school was shattered Monday morning. According to a letter from the school principal, a man tried to grab two groups of young girls near the school gym. Luckily, the students got away and no one was hurt. “They screamed and alerted other people around them so they knew that an issue was going on,” said Jacie Slaymaker who is the parent of a 12-year-old student at the school.
Slaymaker says she learned about the incident from that letter. The she provided it to KITV4. According to that correspondence, the girls ran and told someone right away. KT Protection Services Security expert Michael Thomas says the girls did the right thing.
He says there were other things they could have done if they couldn't have got away. “You look for the special points where people grab you. The weak point is between the forefinger and the thumb. You want to pull your wrist toward the weakness of the hand to escape,” said Thomas.
He says just because an attacker has control, doesn't mean you make it easy on them. “If you drop all your body weight, you force them to pick you up. And they have to carry you. Because if they walk away people are going to wonder why they are carrying someone over their shoulder,” said Thomas.
Dropping your body weight however does not mean giving up the fight. “Make all the noise you can. Kick and scream and yell for help. Make it where this person is not supposed to have you. Make it so everyone around you knows you are in trouble,” said Thomas.
“School safety is something we should be concerned about. I think the schools are doing the right thing. The principal told the parents immediately when the incident happened, but we still need to be aware,” said Slaymaker.
Two weeks earlier at Honaunau Elementary on the Island of Hawaii, an uninvited person approached a student in the bathroom and threatened them. That student also got away.
Thomas says limiting access to grounds and certain areas, are ways schools can limit this sort of threat. “Another teacher should be standing outside the bathroom, because that is a place of vulnerability,” said Thomas.
The DOE, security expert, and parent we spoke to, are all encouraging people to stay vigilant and encourage their children to speak out if they see something suspicious.
Do you have a story idea? Email news tips to news@kitv.com
Jefferson Tyler joined KITV after a lengthy stint in Reno, Nev. where he covered a variety of subjects. From wildfires to presidential elections, Jefferson takes pride in creating balanced stories that keep viewers’ attentions.
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https://www.kitv.com/news/crime/stranger-danger-incidents-at-several-schools-have-parents-vigilant/article_c8cd2a12-33ec-11ed-b814-33d63b8e6da1.html
| 2022-09-14T07:14:21Z
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HONOLULU (KITV4) -- The Hawaiian Homes Commission recently approved a strategy to build more than 3,000 lots for families on the waitlist. But some affordable housing advocates say that's just a drop in the bucket.
Robin Danner's been hoping for a homestead lot since the 1990s. She's among the 28,000 Native Hawaiians still waiting for their piece of paradise.
"And there are kupuna that have waited far longer than I that have been on that wait list almost since statehood," she said. "This $600 million plan is not just a plan. For us, it's life and death. This is a huge opportunity that we cannot miss if you're sitting on that wait list because the clock is ticking."
The Department of Hawaiian Homelands (DHHL) has $600 million in state funding to address the housing wait list and the Hawaiian Homes Commission recently approved a strategy to build more than 3,000 lots for families.
But some affordable housing advocates say that it doesn't do enough.
"The size of the waitlist creates homelessness, creates housing insecurity, which impacts generational," Danner said.
Under the DHHL proposal, about 80% of the $600 million would go towards land acquisitions and infrastructure, including electricity, water and sewage systems. The remaining 20% would be used for homeowner assistance programs such as financial literacy and down payment help.
"There is this is very common misunderstanding out there that the department is installing infrastructure across the state and not building homes," said DHHL Deputy Tyler Iokepa Gomes. "If we're putting infrastructure in the ground, it means that houses are imminently going to be built on that site. We couldn't build those houses without that infrastructure."
But Danner says the DHHL proposal is shortsighted and won't even make a dent in the wait list.
She heads a group of homestead associations statewide that believe DHHL should be able to quadruple the number of lots with that amount of money. A plan created by the Sovereign Council of Hawaiian Homestead Associations proposes building almost 14,000 lots and housing units to address the need.
Developer Kali Watson, a former head of DHHL, says Native Hawaiians are facing a crisis, making up one-third of the homeless population in the state.
He says instead of using the bulk of the money for infrastructure, the DHHL should leverage it to go after more funds available for affordable housing and lobby for an emergency proclamation to cut through the governmental red tape for building projects.
"A lot of people are dying on the wait list," Watson said. "They're not going to even enjoy the fruits of this long struggle in fighting the department as well of the state in getting redress."
And with continued delays in getting Hawaiians into homes, he worries more will face the same fate.
DHHL has a December deadline to come up with a final plan on how to use the largest infusion of money its received in more than a century. And with a new administration on the horizon, DHHL says there's always opportunities to revisit how the money will be spent.
Kristen joined KITV4 in March 2021 after working for the past two decades as a newspaper reporter. Kristen's goal is to produce meaningful journalism that educates, enlightens and inspires to affect positive change in society.
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https://www.kitv.com/news/local/more-than-3-000-lots-proposed-for-native-hawaiians-on-housing-waitlist-advocates-say-more/article_66d3fff6-33de-11ed-b542-87d7cb86a334.html
| 2022-09-14T07:14:27Z
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HONOLULU (KITV4) -- It takes a lot of people to put on a newscast including many people behind the scenes.
The producer of the new KITV4 Island News at 4 has quite a story to tell -- one of hope, inspiration, and success.
The producer is in charge of putting a newscast together. It takes a special kind of person -- a good communicator, a leader, a strong writer, and someone who's prepared for the unexpected.
Victoria Cuba takes it all in stride, at least she makes it seem that way.
"As a producer, and I think anyone in the newsroom, you're under constant stress," Victoria said. "But at the end of the day, I still love it."
That's because she gets to inform the public and tell stories.
"I really think and I truly believe that everybody does have a story to tell because of my own story. It's not something that I was willing to share when I was younger. And still sometimes I'm hesitant about today because you know people see it as shameful," Victoria said.
Victoria was homeless as a child.
"The first time we were all homeless, my mom was working three jobs, and she just couldn't afford to pay the rent," Victoria said.
The lived in an old Matson shipping container in a junkyard in Pearl City.
"There's one bathroom there and we'd shower with a hose and it was really cold," Victoria said.
Victoria was in the sixth grade.
"And that first time that we were homeless you know, I didn't think much of it. She just kind of reminded us that you know, you guys have we have each other, you and your brother are still together. Like you know, that's what really matters," Victoria said.
They eventually moved from the junkyard into an apartment.
"And like I remember driving out once and looking in my rear view mirror and I said that's where it's always going to stay, in my rear view mirror," Victoria said.
But her family became homeless again, for a second time, when Victoria was a junior at Waipahu High School. She kept it a secret.
"That was the hardest thing was growing up and not being able to tell my friends. Like, hey, I live in a van," Victoria said.
She eventually did tell her friends, teachers, and the staff, and they embraced her.
"I just hope that everybody who has been in my life and who's cheered me on on the way that I'm doing right by them by doing what I do and keep going. I think that, besides a fear of falling back into homelessness, it's really the support of the people who've got me here I can't let them down," Victoria said.
People like Keith Hayashi, who was the principal of Waipahu High School at the time. He's now superintendent of Hawaii's public schools.
"There was no doubt in my mind that Victoria would be successful and in whatever area she chose -- that was back from in high school. You know there was this something in this girl, that drive and commitment to making a difference in the lives of other people that she was special, and I know others saw that too in her," Hayashi said.
After Waipahu High School, Victoria went to the University of Hawaii at Manoa, and even did a study abroad in London.
After graduating in 2018, Victoria landed a job as a producer at KITV4. Last month, she was promoted to senior producer.
"You know, I think with Victoria, she was always driven because of what obstacles she went through," said Victoria's mother, Debra Cuba.
"We're definitely all proud of her and who she is and who she's become," Hayashi said.
Victoria's mother is also really proud, and Victoria is very thankful that her mother taught her perseverance.
"You helped me get to here, so thank you," Victoria said. "You're welcome," Debra responded.
After all, it's not how you start, it's how you finish.
"If you told 15-year-old Victoria that she would be where I'm at right now she would laugh because it would seem impossible. Like the person I am today was just a dream," Victoria said.
"Definitely a role model for all students, not only at Waipahu but I think all students statewide," Hayashi said.
Marisa Yamane joined KITV4 in January 2022 as an anchor and executive producer. She is an award-winning veteran journalist, who’s spent most of her career in Hawaii. She’s a proud graduate of Iolani School and UCLA.
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https://www.kitv.com/news/local/never-give-up-kitv4-producer-inspires-others-after-growing-up-homeless-on-oahu/article_abc360f2-33e3-11ed-a9a2-afe99a3ac2c4.html
| 2022-09-14T07:14:33Z
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HONOLULU (KITV4) -- Ordering lobster? You may think twice about your choice for seafood. A new report recommends people avoid lobsters caught in the Atlantic Ocean, because the trapping techniques have been found to tangle up endangered whales.
Seafood Watch puts out recommendations so you can make ocean-friendly seafood choices. The reports focus on sustainable seafood to purchase and eat. While Hawaii's fishing industry is sustainable, almost all of our island catch is not considered the best choice by Seafood Watch.
Lunchtime is busy at Nico's Pier 38, where many come for the fresh fish.
"Today's meal is ono, and my father would bring that to me when he was working on the tug boats. So I am so grateful for that type of fish," said Waimanalo resident TJ Joseph.
Ono is one of the types of fish caught around Hawaii, where limits have been set on the amounts of species taken -- to ensure everyone is fishing sustainably.
"If you are going to take fish and harvest fish - take it at a rate that can be replenished by the natural reproduction of the population we leave behind," said John Kaneko, the Program Manager for Hawaii Seafood Council.
"That is one of the laws of nature: you only take what you need, so it can replenish," added Joseph.
Hawaii long line fishermen target four types of ahi and other bill fish. They have to follow quotas so they don't overfish.
Some ships, also set sail with observers on board to monitor by-catch and see the impact fishing has on other animals or birds.
Even with all of those regulations in place, instead of being considered the best choice from Seafood Watch, locally caught products are instead considered a good alternative.
"In the Monterey Bay Seafood Watch report, regardless of how you perform, if you are using long lines you get one demerit," stated Kaneko.
But locally caught fish and seafood are still sustainable.
How can you tell if the fish you buy at the market or restaurant is as well?
You can look for the label of the country of origin or ask where your seafood comes from.
"If you can buy anything from the United State, under federally managed fisheries, it would be as sustainable as our local fish. But you should buy local if you can," said Kaneko.
"I hope the vendor is getting fish from here. I was born and raised that it is always about eating fresh and eating local. As a mom of 4, I want to make sure that my kids will get the same experience one day and eat this same kind of fish," added Joseph.
While it didn't get top grades with Seafood Watch, just this week, Hawaii's longline swordfish, bigeye and yellowfin tuna fisheries were certified by the Marine Stewardship Council. It certifies seafood around the world that is sustainably sourced and wild caught.
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https://www.kitv.com/news/local/seafood-watch-ranks-hawaiis-sustainable-seafood/article_600cddea-33e9-11ed-9a00-db2064f74c5a.html
| 2022-09-14T07:14:39Z
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Man, 23, loses both legs after drunken driver hits him
LAS VEGAS (KTNV) - A Las Vegas man is opening up about the day that changed his life forever: he lost both legs when a driver under the influence hit him. Now, he and his family hope his story can bring change.
Riley McGowan, a 23-year-old Southwest Gas employee, was fixing a gas valve on the side of the road just after 9 a.m. July 13 when he heard a loud screech and a bang.
“I looked up, and about five feet away from me was this truck. Next thing I know, I’m in the air getting tossed around. I felt my leg get crushed, basically,” he said.
The young man says a wrong-way driver, who was under the influence, ran him over twice before driving away. Crash reports corroborate his account.
“Scary as it may be, I basically remember everything,” he said. “I remember crawling. I remember looking out in the distance, seeing her truck drive off, as I’m trying to crawl away.”
After several surgeries, Riley McGowan is now a double amputee, having lost both legs. He’s in physical therapy until he can receive prosthetics.
“The technology with prosthetics and everything is amazing nowadays. You see videos of double amputees – worse than me, both above the knee – walking fine and everything. So, I know it’s possible,” he said.
Still, the crash and its aftermath has left the McGowan family devastated and angry.
“Couldn’t have just called an Uber or a taxi or something?” Riley McGowan said.
“He’s the best kid in the world and only 23. I know he’s got his life ahead of him, and it’s going to be a struggle. We intend to do everything to support him,” said his mother, Carmen McGowan.
The family wants change in Las Vegas, a city that is notorious for drunken drivers.
“Get the laws changed. If you give them 10 years after that first offense, first of all, they won’t be out there to repeat, and they’ll think twice the second time. We won’t have three or four or five offenses,” Carmen McGowan said.
Just before the crash, Riley McGowan received a promotion with Southwest Gas. The company says it is holding his position until his return.
The McGowan family has also set up a GoFundMe campaign that has raised more than $25,000.
Meanwhile, Danielle Kove, the driver accused of hitting Riley McGowan, has pleaded guilty to a felony charge of DUI resulting in substantial bodily harm. Her sentencing is scheduled for Sept. 29.
She had two prior impaired driving offenses.
Copyright 2022 KTNV via CNN Newsource. All rights reserved.
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| 2022-09-14T07:17:49Z
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Airtel platform backed by IBM Cloud Satellite will power Maruti Suzuki's initiatives to streamline plant productivity and quality operations
ARMONK, N.Y. and MUMBAI, Sept. 14, 2022 /PRNewswire/ -- IBM (NYSE: IBM) and Bharti Airtel, a premier communications solutions provider in India with more than 358 million subscribers, today announced their intent to work together to deploy Airtel's edge computing platform in India, which will include 120 network data centers across 20 cities. Once deployed, the platform is designed to enable large enterprises across multiple industries including manufacturing and automotive to accelerate innovative solutions that deliver new value to their clients and operations -- securely at the edge.
Airtel's edge computing platform, deployed as a hybrid environment based on IBM Cloud Satellite and Red Hat OpenShift®, extends secured and open cloud services wherever data resides. This can help improve business performance and customer experience by reducing latency while addressing data security and sovereignty requirements – which is critical as workloads increasingly shift to the edge.
The business value delivered by edge computing can be significantly enhanced when combined with 5G. In India, where 5G is expected to be rolled out later this year, it has the potential to create a cumulative economic impact of $1 trillion by 20351.
Speaking about the work, Ganesh Lakshminarayanan, CEO – Enterprise, Airtel Business said, "As India gears up to experience 5G, we see a massive opportunity to help businesses across industries transform how they deliver goods and services. We have the largest network of edge data centers available in India under the Nxtra brand and we will leverage our work with IBM to help Indian businesses address their critical business needs with greater efficiency, making it significantly easier for companies to process workloads where their data resides."
Maruti Suzuki India Ltd, India's largest passenger car maker, intends to use the edge platform to increase accuracy and efficiency for quality inspections on the factory floor. By deploying this platform, Maruti Suzuki expects to boost quality control and ensure their data remains protected at the edge.
"At Maruti Suzuki, we continuously strive to meet the highest quality standards by ensuring our processes and quality control are well above industry standards. Technology is a key enabler in this journey, helping boost quality, efficiency and deliver the next-gen user experience. We are excited to work with Airtel Business and IBM to set an even higher benchmark and explore the vast possibilities of deploying AI and analytics at the edge to augment the expertise of our workforce," said Rajesh Uppal, Senior Executive Director, HR and IT, Maruti Suzuki.
The work between IBM and Airtel around embracing 5G was announced today at Think Mumbai. Airtel's solution leverages IBM Maximo Visual Inspection for AI-enabled quality inspection. IBM Consulting is to lead the systems integration for the IBM platform. Through this hybrid cloud platform and IBM Consulting's industry expertise and access to best-in-class technology and partners, IBM and Airtel Digital engineering teams will build use cases that leverage Airtel's 5G connectivity and IBM's hybrid cloud capabilities to address the pressing business issues faced by enterprise clients.
Harnessing Airtel's 5G connectivity and highly secured edge computing capabilities from IBM can enable enterprises to deploy and manage workloads in near-real time. Industries including telecommunications, financial services, healthcare and government can benefit from reduced latency, high availability and increased connectivity speeds.
"As businesses – particularly those in regulated industries – work to modernize their infrastructures, they need to be able to do so in a way that enables them to stay compliant, without becoming overburdened by their compliance obligations -- regardless of where their data resides," said Howard Boville, Head of IBM Cloud Platform. "Teaming with Airtel to bring IBM's hybrid cloud offerings to their Indian multi-access edge compute customers will help them embrace the opportunities presented by 5G and edge, like innovating with greater speed and security."
For more information about IBM's hybrid cloud capabilities, visit https://www.ibm.com/cloud/satellite.
Statements regarding IBM's future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only.
###
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. More than 4,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.
Headquartered in India, Airtel is a global communications solutions provider with over 490 Mn customers in 17 countries across South Asia and Africa. The company ranks amongst the top three mobile operators globally and its networks cover over two billion people. Airtel is India's largest integrated communications solutions provider and the second largest mobile operator in Africa. Airtel's retail portfolio includes high speed 4G/4.5G mobile broadband, Airtel Xstream Fiber that promises speeds up to 1 Gbps with convergence across linear and on-demand entertainment, streaming services spanning music and video, digital payments and financial services. For enterprise customers, Airtel offers a gamut of solutions that includes secure connectivity, cloud and data centre services, cyber security, IoT, Ad Tech and cloud based communication. For more details visit www.airtel.com/
Contact:
Hannah Slocum
IBM Global Communications
hslocum@us.ibm.com
Rishiraj Barik
External Relations, IBM India & South Asia
rishiraj.barik@ibm.com
Madhur Kalra
DGM Corporate Communications, Bharti Airtel
Madhur.Kalra@airtel.com
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| 2022-09-14T07:17:55Z
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LUND, Sweden, Sept. 14, 2022 /PRNewswire/ -- The Nomination Committee for the Annual General Meeting 2023 has now been appointed by the largest shareholders of Alfa Laval AB and consists of the following members:
Jörn Rausing - Tetra Laval
Anna Magnusson – Alecta Tjänstepension Ömsesidigt
Lennart Francke – Swedbank Robur Fonder
Anders Oscarsson – AMF-Försäkring och Fonder
Javiera Ragnartz – SEB Fonder
In addition, Dennis Jönsson, Chairman of the Board of Alfa Laval AB, will be part of the Nomination Committee.
The Annual General Meeting will be held on Tuesday April 25th, 2023, at 16.00 (CET).
Shareholders who wish to submit proposals for the Nomination Committee in preparation of the Annual General Meeting can turn to the Chairman of the Board of Alfa Laval AB, Dennis Jönsson, or to the other shareholder representatives. Contact can also be made directly via E-mail to: valberedningen@alfalaval.com
Alfa Laval AB (publ)
Lund, Sweden, September 14, 2022
This is Alfa Laval
Alfa Laval is a world leader in heat transfer, centrifugal separation and fluid handling, and is active in the areas of Energy, Marine, and Food & Water, offering its expertise, products, and service to a wide range of industries in some 100 countries. The company is committed to optimizing processes, creating responsible growth, and driving progress to support customers in achieving their business goals and sustainability targets.
Alfa Laval's innovative technologies are dedicated to purifying, refining, and reusing materials, promoting more responsible use of natural resources. They contribute to improved energy efficiency and heat recovery, better water treatment, and reduced emissions. Thereby, Alfa Laval is not only accelerating success for its customers, but also for people and the planet. Making the world better, every day.
Alfa Laval has 17,900 employees. Annual sales in 2021 were SEK 40.9 billion (approx. EUR 4 billion). The company is listed on Nasdaq Stockholm.
For more information please contact:
Johan Lundin
Head of Investor Relations
Phone: + 46 730 46 30 90
Email: johan.lundin@alfalaval.com
This information was brought to you by Cision http://news.cision.com
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| 2022-09-14T07:18:01Z
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TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01
VANCOUVER, BC, Sept. 14, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSXV: DME) (OTC: DMEHF) (Frankfurt: QM01) From the President of the Company. The Company is pleased to announce that court in Coconino County, AZ has dismissed every claim filed against the Company by the City of Flagstaff with the exception of one breach of contract claim, regarding a prior licensing agreement. The Company is in the process of reviewing all pertinent details of the judge's ruling and will be announcing plans in regards to its well at the appropriate time.
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company is primarily looking for elements deemed critical to the renewable energy and high technology industries.
We seek safe harbor
"Robert Rohlfing"
Robert Rohlfing
Exec Chairman & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.
This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward looking statements and information herein include but are not limited to statements regarding the Company's anticipated performance in the future the planned exploration activities, receipt of positive results from drilling, the completion of further drilling and exploration work, and the timing and results of various activities.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and the United States; financial risks due to helium prices, operating or technical difficulties in exploration and development activities; risks and hazards and the speculative nature of resource exploration and related development; risks in obtaining necessary licenses and permits, and challenges to the Company's title to properties.
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company's exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not intend to, and nor does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
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https://www.whsv.com/prnewswire/2022/09/14/court-grants-motion-dismiss-claims-against-company/
| 2022-09-14T07:18:08Z
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BARCELONA, Spain, Sept. 14, 2022 /PRNewswire/ -- Fractus and the Universitat Politecnica de Catalunya – BarcelonaTech (UPC) have agreed to create the Fractus-UPC Deep Tech Hub, a center of research activities where deep tech technologies will be designed and improved, with the aim of developing disruptive technological solutions based on scientific challenges with great potential and social impact. Fractus is one of the first spin-offs that emerged from the UPC.
The Fractus-UPC Deep Tech Hub will concentrate talent development, training, innovation, research and technology transfer activities, and will actively and strategically contribute to the creation of UPC start-ups and/or spin-offs in the field of deep tech, founded on a scientific discovery or a technological innovation, with the purpose of promoting its access to the market. The deep tech field encompasses the development of disruptive solutions based on deep technologies linked to science or advanced engineering, to respond to global challenges.
The agreement, signed on September 13th, by the dean of the UPC, Daniel Crespo, and the President and CEO of Fractus, Rubén Bonet, foresees that the activities of the hub are aimed at responding to current challenges through scientific and technological advances significant, while promoting research, innovation and knowledge transfer in areas such as mobility and logistics, materials, sustainability, urban planning, information and communication, biomedical engineering and environmental and energy technologies . The emerging areas of quantum computing, photonics, artificial intelligence, cyber security, robotics, electronics and advanced materials are some of the areas on which the activity of this hub will be focused.
The activities of the hub will also promote the UPC's R+D+I in the deep tech field through industrial doctorates, collaborations in research and innovation projects, the promotion of research lines or the development of workshops, as well as the incubation and acceleration of companies, among others. It is also planned to promote innovation challenges, prizes and forums aimed at students, as well as end-of-degree and master's theses in this field.
Deep Tech Cluster
The UPC is one of the main deep tech clusters in Europe, with a powerful core of research groups that research and develop technological innovation in this field and from which several spin-offs and start-ups have emerged, such as Fractus. Led by Dr. Carles Puente – who is also a professor at the Telecom Engineering School of Barcelona (ETSETB) at the UPC – and Ruben Bonet, the company is a pioneer in the development of internal antenna technology for mobile phones, tablets and other wireless devices in the Internet of Things, specializing in new applications of fractal technology and other emerging technologies.
About the UPC
The UPC is a public research and higher education institution specialized in the fields of engineering, architecture, science and technology, and is one of the main technical universities in Europe, which is characterized by its intense penetration in the industrial and productive fabric through the transfer of the knowledge it generates to companies. Currently, it maintains links with around 2,000 companies. Each year, it graduates more than 6,000 undergraduate and master's students and more than 500 PhDs and is one of the universities with a high job placement rate for its graduates: 93% work shortly after graduating. Likewise, the UPC is well positioned in the main international rankings. On the other hand, it is a leading university in Spain in raising funds for R+D+i projects financed by the Horizon 2020 program.
About Fractus
Fractus is an early pioneer in developing internal antenna technology for smartphones, tablets and other wireless Internet of Things devices and holds an intellectual property rights portfolio of more than 30 inventions protected through over 120 patents and patent applications in the United States, Europe and Asia. Among the numerous awards and honours the company has received for its innovative work, Fractus was named a 2005 Davos World Economic Forum Technology Pioneer and one of Red Herring's top innovative companies for 2006. It also won the 2004 Frost & Sullivan Award for technological innovation and the 2010 National Communication Award of the Catalan Government in the telecommunications category. A team of Fractus inventors was finalist for the EPO European Inventor Award 2014. On November 2015, Fractus was awarded Academiae Dilecta by the Spanish Royal Engineering Academy and on April 2017 received the "European Inspiring Company Award" by the London Stock Exchange and the Elite Group.
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Logo - https://mma.prnewswire.com/media/1896932/Fractus_Logo.jpg
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| 2022-09-14T07:18:15Z
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NISHINOMIYA, Japan, Sept. 14, 2022 /PRNewswire/ -- FURUNO ELECTRIC CO., LTD., a global provider of the most accurate timing devices headquartered in Nishinomiya City, Hyogo Prefecture, is pleased to announce a new generation of time synchronization GNSS receiver modules compatible with all GNSS systems in the world. The modules deliver best-in-class nanosecond precision for 5th generation (5G) mobile systems, radio communications systems, smart power grids and grand master clocks.
Image:
https://kyodonewsprwire.jp/prwfile/release/M101991/202209096234/_prw_PI1fl_DFFOGd3J.jpeg
Superior Accuracy / Advanced Robustness
GNSS receivers for time synchronization are used extensively in critical infrastructure such as mobile base stations and RAN equipment, commercial and defense radio communications, broadcasting, financial trading, smart power grids and more, where there are ever-increasing needs for high robustness, reliability and security.
Three new products being released include GT-100, GT-9001 and GT-90, designed to suit different applications based on frequency bands and output signals supported. All models boast the world's highest level of time stability of 4.5ns (1 sigma) and offer superior features and performance.
- Unrivaled performance for 5G, radio communications, time servers, smart grids
- Dual band, supporting all constellations (GT-100)
- Highly precise time & ultra-low-jitter 1pps synchronized with UTC
- High robustness -- guaranteed performance even if only L1 or only L5 signals are used (GT-100)
- Programmable frequency clock outputs synchronized with UTC (GT-9001 & GT-100)
- Excellent performance even in harsh environments and urban canyons
All models are equipped with the leading Dynamic Satellite Selection (TM) (DSS) multipath mitigation technology developed by Nippon Telegraph and Telephone Corporation (NTT) that minimizes degradation of time performance even when the antenna is installed in urban areas or near a window.
GT-100 is the company's first timing multi-GNSS receiver module supporting concurrent L1 and L5 reception. This mitigates the effects of solar flares, which can lead to time errors, and strengthens measures against GNSS vulnerabilities such as jamming and spoofing. GT-100 delivers three outputs including 1 pulse per second (1PPS) synchronized with UTC as well as user-programmable frequencies. The outputs can be set as required to 10MHz, 2.048 MHz, 19.2 MHz, etc., commonly used in a variety of wireless communications systems. This drastically reduces the time from development to market launch for these systems as well as cost savings through reduced component needs.
Please visit Furuno's website for more information:
https://www.furuno.com/en/products/gnss-module/GT-100
Evaluation kits for all three products are available now. Please contact relevant Furuno sales representatives for more details.
Contact: https://www.furuno.co.jp/en/contact/cnt_gps_e01.html
About FURUNO ELECTRIC CO., LTD.
Furuno has been dedicated to development, manufacturing, and maintenance of highest-quality marine electronic equipment for navigation and communication as well as high-precision GNSS devices, life-saving medical equipment, wireless LAN systems and much more. The Furuno group incorporates an international workforce of approximately 3,000 employees with subsidiaries in over 30 countries and regions, who are all prepared to fulfill the needs and expectations of its customers. Furuno will relentlessly pursue its tradition of developing core technologies that empower customers in critical infrastructure and other fields to build robust time synchronization systems with the highest precision and reliability.
European Microwave Exhibition, Milan, Italy (September 27-29, 2022)
Please visit Furuno at EuMW's European Microwave Exhibition where the company will introduce its new products. EuMW is the largest trade and technology exhibition providing access to initiatives in the RF & microwave sector.
For more information about EuMW:
https://www.eumweek.com/conferences/general_info.html
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| 2022-09-14T07:18:26Z
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Expanding Partnership Accelerates FHE Broad Market Adoption
HOBOKEN, N.J., Sept. 14, 2022 /PRNewswire/ -- Duality Technologies, the leader in privacy preserving secure data collaboration today announced that Google integrated its open-source Fully Homomorphic Encryption (FHE) Transpiler, which was built using XLS SDK and resides on GitHub, with the Duality-led OpenFHE, the leading open-source fully homomorphic encryption library, to make cryptographic expertise more accessible and streamlined, thus accelerating FHE adoption by developers.
Yuriy Polyakov, senior director of cryptography research and principal scientist at Duality commented, "Our team has achieved significant milestones with our OpenFHE library, and it has quickly become the choice for many of today's technology leaders, like Google. The Google Transpiler provides access to the latest features of OpenFHE for the community of application developers who are not FHE experts."
FHE refers to a class of encryption methods that differ from typical encryption methods in that it allows computation to be performed directly on encrypted data without the need for a secret key. Rooted in post-quantum open-source lattice cryptography, OpenFHE was founded by a community of world-renowned cryptographers, that designed the library for maximum usability, improved APIs, modularity, cross-platform portability and, when integrated with hardware, a project accelerator. OpenFHE coupled with Google's Transpiler allows developers to convert high-level code, such as C++ routinely used on unencrypted data, into high-level code that operationalizes encrypted data without the need to learn cryptography.
"At Google, we are intent on democratizing access to cutting-edge technology that helps secure the Internet and keeps people safe online. Our FHE Transpiler is one step in that direction, and we are happy with the working partnership we've established with Duality. Whether developers are working on Cloud applications or on the edge, we are eager to see the exciting new use cases of the Transpiler that will help provide advanced security and privacy protections and guarantees." Miguel Guevara, product manager, privacy and data protection office, from Google advised.
The Google Transpiler streamlines the process for leveraging FHE-powered applications without requiring the significant software development expertise currently needed to implement FHE from scratch. This bridges the gap sometimes experienced by software designers and developers who want to take advantage of the capabilities of FHE without the steep learning curve.
Polyakov added, "A major strategic goal of OpenFHE is to make FHE usable for many important practical problems, with special focus placed on machine learning applications. Our collaboration with the Google Transpiler team plays a significant role in realizing this vision."
For more information about Google Transpiler and its off-the-shelf approach to FHE – please read: The General Purpose of Transpiler for Fully Homomorphic Encryption.
For more information about OpenFHE – please read the white paper, "OpenFHE: Open-Source Fully Homomorphic Encryption Library", or visit the project website: https://OpenFHE.org.
About Duality Technologies
Duality is the leader in privacy enhanced secure data collaboration, empowering organizations worldwide to maximize the value of their data without compromising on privacy or regulatory compliance. Founded and led by world-renowned cryptographers and data scientists, Duality operationalizes privacy enhancing technologies (PETs) to accelerate data insights by enabling analysis and AI on encrypted data, while preserving data privacy, compliance and protecting valuable IP. A Gartner Cool Vendor, Duality was named a Tech Pioneer 2021 by the World Economic Forum (WEF) and listed on Fast Company's 2020 Most Innovative Companies and recently won the 2022 CB Insights' AI 100, the 2022 RegTech 100 Awards, and the AIFinTech100 2022 Awards.
For more information, visit dualitytech.com and follow us on LinkedIn and Twitter.
Media Contact:
Marcella Arthur
marthur@dualitytech.com
Tel. +1 908 601 2333
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| 2022-09-14T07:18:33Z
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Crown Aesthetics Elevates its Commitment to Customer Education and Training
DALLAS, Sept. 14, 2022 /PRNewswire/ -- Crown Aesthetics ("Crown"), a division of Crown Laboratories, Inc., announced today that its direct United Kingdom and Ireland ("UKI") team will now offer all UK & Ireland SkinPen Precision customers with an opportunity to receive internationally recognized Continuing Professional Development ("CPD") accreditation.
Upon completion of our Crown Educational Learning program, all SkinPen customers in Crown's UK & Ireland direct markets will receive CPD education points that will go towards their own self-development learning. This is the first CPD opportunity for microneedling aesthetic practices in these countries.
Crown's self-driven SkinPen Precision education program includes 3 hours of online pre-learning modules and a 6-hour Academy, Virtual, Live Seminar or In-clinic Masterclass. The comprehensive Masterclass is interactive and aims to educate on the versatility and effectiveness of microneedling using SkinPen Precision following FDA and CE guidelines. The Program's content includes skin anatomy, diagnosis and wound healing responses, mechanism of action, clinical studies, approved FDA and CE protocols, contraindications and precautions, creating satisfied patients, and treatment tailoring.
Crown Aesthetics is built upon three foundational pillars: Technology, Education, and Customer Service. Crown ensures SkinPen meets or exceeds all industry standards for efficacy and safety. Because we take great pride in our technology, it is paramount that our aesthetic practices do the same. Because our customers are continuously looking to enhance their proficiency and techniques, we are dedicated to providing them with opportunities to stay on top of our latest innovations and to hone their skills. By investing in CPD accredited education to help our practices deliver our premier microneedling treatment to their patients, we are providing our practice partners a competitive advantage to grow their SkinPen patient base.
"Crown Aesthetics is upholding our commitment to our clinic partners by helping them drive success with our technologies," said Angela Wilson McDonald, Senior Director of Global Education for Crown Aesthetics. "Through education and support, we are helping them achieve the highest level of safety and efficacy for their patients. This is the foundation upon which Crown Aesthetics was founded in 2013 and which has led us to emerge as the world leader in the skin remodeling market with SkinPen Precision."
About Crown Aesthetics
Crown Aesthetics, the premier medical aesthetics company, is dedicated to helping leading practices around the world grow their businesses. We do that by delivering dramatic results in rejuvenation and restoration. Our minimally-invasive innovations – SkinPen®, the first FDA-cleared microneedling device; MicroPen EVO™, platelet-rich plasma (PRP) systems ProGen PRP™ Advantage and Eclipse PRP®, VOTESSE™, a hair health system; and the post-microneedling protocol Skinfuse®– act as "gateway" products that drive new and highly satisfied patients into practices. Based in Dallas, Texas, Crown Aesthetics sets industry standards for efficacy, safety, and innovation. As a result, our customers consistently deliver the best aesthetic care in the business. For more information, please visit www.crownaesthetics.com.
About Crown Laboratories, Inc.
Crown, a privately held, fully integrated global skincare company, is committed to developing and providing a diverse portfolio of aesthetic, premium and therapeutic skincare products that improve the quality of life for its consumers throughout their skincare journey. An innovative company focused on skin science for life, Crown's unyielding pursuit of delivering therapeutic excellence and enhanced patient outcomes is why it has become a leader in Dermatology and Aesthetics. Crown has been listed on the Inc. 5000 Fastest Growing Privately Held Companies List for nine years and has expanded its distribution to over 41 countries. For more information, visit www.crownlaboratories.com.
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| 2022-09-14T07:18:39Z
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VALLETTA, Malta, Sept. 14, 2022 /PRNewswire/ -- At today's Capital Markets Day in London, UK, Kindred Group's CEO Henrik Tjärnström and CFO Johan Wilsby, joined by members of the executive management team and senior managers, will provide a detailed update of Kindred's strategic direction, operations and financial performance.
In connection with the Capital Markets Day, Kindred Group will present new financial targets for 2025 consisting of:
- Revenue of above GBP 1.6 billion
- Underlying EBITDA margin of 21 - 22 per cent
- Distribution policy of ~75 - 100 per cent of free cash flow (after M&A)
Kindred Group plc (Kindred) will host a Capital Markets Day (CMD) in London, UK, today at 12:00 BST. During the event, CEO Henrik Tjärnström and members of the management team will present Kindred's long-term strategic direction and priorities for the coming years.
Priorities include:
- Gaining further market share by being a trusted source of entertainment in Kindred's existing core markets in Europe and Australia, which are expected to grow with a CAGR of 7 per cent between 2021 and 2026.
- Developing a strong position in the Netherlands, a market generally expected to grow significantly in the coming years according to H2 Gambling Capital, thanks to the efficient completion of a stringent license process, trusted brand recognition and local experience.
- Leveraging strategic investments such as the Relax Gaming acquisition and the development of the Kindred Sportsbook Platform ("KSP"), where increased flexibility, scalability and access to unique product content will differentiate Kindred from competition.
- Building on the solid market foundation established in North America as this region matures and focus on customer experience increases.
"I am delighted to share a more detailed view of our strategic direction and priorities we have set out at Kindred. We have been a driving force in the transformation of the industry and understood early on the requirements to succeed in a locally regulated and complex environment. We now have critical building blocks in place, and I am fully confident in the direction we are taking", says Henrik Tjärnström, CEO Kindred Group.
"It is also very encouraging to see the progress being made in the development of our Kindred Sportsbook Platform, with key milestones already achieved, towards a selected market launch around year-end 2023", says Henrik Tjärnström, and continues. "The entry into the Netherlands has also exceeded our expectations and we are well under way to reach our ambition of a 15 per cent market share by the end of the year."
2025 financial targets
Kindred will present detailed information underpinning how the Group is accelerating the execution of its strategy, including new financial targets that the Board has decided on.
- Revenue of above GBP 1.6 billion
The expected revenue increase is built on Kindred's focused strategy and by utilising the significant growth opportunities in the existing markets. Kindred operates a balanced portfolio of markets in different stages of maturity, providing opportunities to benefit from both the expected underlying market growth and further market share gains. Netherlands is expected to be an important contributor during the coming years along with improved product differentiation and unique content supply.
- Underlying EBITDA margin of 21 - 22 per cent
Kindred's focus on increased product control and scalability are fundamental in driving profits in locally regulated markets. The expected revenue growth combined with continued cost optimisation and scalability is anticipated to support Kindred's target to reach an Underlying EBITDA margin of 21 - 22 per cent in 2025. The investment in KSP will drive scalability and is expected to generate positive cash flow contribution in 2025. The total costs for Kindred's sports betting business are expected to decrease by approx. 30 per cent after full implementation, which is expected beyond 2025.
- Distribution policy of ~75 - 100 per cent of free cash flow (after M&A)
The Board of Directors has decided to revise the previous dividend policy. Kindred's new dividend policy is to generate a stable ordinary dividend in absolute GBP denominated terms, paid in two equal tranches in the second and fourth quarter. In addition, Kindred will complement dividends with share buybacks.
The total pay-out of dividends and buybacks will be based on an assessment taking into account Kindred's financial position, capital structure and future investments needs, including acquisition opportunities. The total pay-out ratio of dividends and buybacks should over time equal about 75 - 100 per cent of free cash flow. Free cash flow is defined as cash flow from operations excluding movements in customer balances, less cash flow from investment activities (including acquisitions) and payments for lease liabilities.
In addition to the financial targets for 2025, Kindred Group will also present guidance elements in relation to the share of Gross winnings revenue from locally regulated markets and capital expenditure.
- Share of locally regulated Gross winnings revenue of around 90 per cent in 2025
Kindred has a strategic objective to generate sustainable and profitable growth in locally regulated markets. During the first half of 2022, the share of locally regulated Gross winnings revenue reached 78 per cent and over the coming years, the share is expected to gradually increase and reach around 90 per cent in 2025.
- Stable Capex as a per cent of revenue
As a per cent of revenues, Kindred's capital investments have been around 4 per cent during the last few years. Kindred will continue to invest in the development and enhancement of the proprietary and bespoke technology platform to improve among others customer experience and data analytics and meet changes in local licensing requirements. Kindred will also continue to invest in the development of KSP and despite these ongoing development projects, the capital investments are expected to remain relatively stable as a percentage of revenue.
Trading update and indicative guidance for the third quarter 2022
As part of the CMD, Kindred provides more clarity on the performance for the period 1 July to 11 September and a non-recurring indicative guidance for the third quarter 2022. The trading update shows a solid Gross winnings revenue development driven by high activity across markets.
The average daily Gross winnings revenue for the Group, up to and including 11 September 2022, was GBP 2.9 million, 12 per cent (12 per cent in constant currency) lower than the daily average for the full third quarter of 2021. Excluding the Netherlands, the average daily Gross winnings revenue for the Group, up to and including 11 September 2022, was GBP 2.6 million, 6 per cent (7 per cent in constant currency) higher than the daily average for the full third quarter of 2021.
On the completion of a stringent license application and regulatory review process, Kindred launched in the Netherlands on 4 July and, during the period from going live up to and including 11 September, the average daily Gross winnings revenue for the Netherlands was GBP 317 thousand, increasing gradually throughout the period.
Depending on activity levels and the sports betting margin for the remainder of the quarter, Kindred estimates the revenue for the third quarter of 2022 to be in the range of GBP 270 to 280 million.
Underlying EBITDA for the third quarter of 2022 is estimated to be in the range GBP 37 to 42 million (Q3-2021: GBP 84.8 million).
Capital Markets Day presentation and video recording
The presentation material will be made available on www.kindredgroup.com/investors/capital-markets-day-2022/ at around 13:00 CEST on 14 September 2022, and the video recording from the day will be made available on www.kindredgroup.com later the same day.
This disclosure contains information that Kindred Group is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 14-09-2022 07:30 CET.
For more information:
Patrick Kortman, Director - Corporate Development & Investor Relations, +46 723 877 438
Linda Lyth, Investor Relations Manager, +46 767 681 337
ir@kindredgroup.com
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| 2022-09-14T07:18:45Z
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NEW YORK and LONDON, Sept. 14 2022 /PRNewswire/ -- LianLian Global, a leading global cross-border payments service provider, announced the introduction of the world's first cross-border payments guarantee to China. LianLian Global's end-to-end business payments network and best-in-class Know Your Customer (KYC) process enables the company to provide global online merchants and ecommerce entrepreneurs with the most transparent, compliant, and safe cross-border payment options to the country.
LianLian Global's world-first cross-border full value payments guarantee to China is a new feature introduced to the company's recently launched international digital wallet. The policy provides assurance that payments to China-based suppliers are delivered to the right bank account — every time. All payments on LianLian Global's end-to-end payments network are vetted and verified through LianLian Global's enhanced KYC capabilities, which support additional due diligence on customer profile checks. These checks mitigate payment risks and fraudulent transactions, while satisfying regulatory compliance in the Chinese market.
Ecommerce entrepreneurs seek payment security across their supply chains to secure their inventory to succeed internationally. LianLian Global's transparent payments guarantee to China assures users that their payments are received in the bank accounts of intended parties in every case, increasing reliability in the supply chains of merchants and ecommerce entrepreneurs. If there is a problem, the payment is stopped and refunded immediately without waiting for multiple third-party correspondent banks. Customers also benefit from an added layer of robust security, speed, and competitive pricing. LianLian Global removes all the "middlemen" or correspondent banks, eliminating payment delays and the additional costs to hold and send the transfer.
With more payments transactions being made on online marketplaces, there is a growing need for seamless payments that are reliable every time, particularly with big global economies. Between September 2020 and August 2021, third-party sellers on Amazon sold more than 7,400 products per minute. However, if payments fail, or are delayed through correspondent banks, online merchants risk losing significant revenue to competitors for each day they are out of stock, while a refund or payment cancellation is processed.
As the scale of ecommerce sales grows globally, LianLian Global aims to eliminate the risks associated with international payments. As cash flows change with ongoing economic volatility, LianLian Global offers ecommerce entrepreneurs the much-needed reliability for their funds.
"LianLian Global has years of experience, deep domain knowledge, and technology assets and capabilities in China. This makes us the ideal partner to help international companies and online sellers manage payment risks when dealing with business partners in the country," said David Messenger, Executive Chairman, LianLian Global. "We have invested in an end-to-end solution, and own all of our payment licenses, to remove all the middlemen and correspondent banks from the transaction process. This ownership allows LianLian Global to offer the world's first cross-border payments guarantee to China at unrivalled speeds and extremely competitive prices."
The international digital wallet, or cross-border payments platform, launched in Q2 2022, is designed to make payments faster, more accessible, and cheaper than the traditional cash and bank transfers for ecommerce businesses.
LianLian Global has offices in 12 countries that help more than 1.4 million ecommerce stores grow their cross-border businesses. LianLian Global owns over 60 licenses worldwide. In addition, the company has partnered with leading financial institutions such as Citi, Deutsche Bank, and J.P. Morgan to power their solutions.
Visit www.lianlianglobal.com/payments-to-china-guaranteed to discover more about the China payments guarantee, as well as an offer of the first 30 days of supplier payments free.
About LianLian Global
LianLian Global is a leading cross-border payments company that connects local sellers to global opportunities. We make it easy for ecommerce merchants to do more international business. So when sellers need to receive international payouts, get financing, solve shipping logistics, manage foreign exchange, or pay tax obligations abroad, we simplify the complexity of operating in other countries, giving merchants and sellers the freedom to do business seamlessly. Part of LianLian Digitech, and with licenses and offices in the Americas, Europe and throughout Asia, LianLian Global is integrated into mainstream ecommerce platforms worldwide, with services covering more than 100 countries and regions. www.lianlianglobal.com
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| 2022-09-14T07:18:52Z
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- Dedicated Pharmaceutical Logistics Facility Offers Storage and Transport in Two Temperature Ranges -
TOKYO, Sept. 14, 2022 /PRNewswire/ -- Nippon Express Co., Ltd. (hereafter "Nippon Express"), a group company of NIPPON EXPRESS HOLDINGS, INC., has acquired Good Distribution Practice (GDP) certification for its East Japan Pharmaceutical Center (Kuki City, Saitama Prefecture), effective July 29, evidencing its compliance with WHO standards for the proper distribution of pharmaceuticals.
Logo: https://kyodonewsprwire.jp/img/202209086166-O1-PLmZo0wX
Photo1: East Japan Pharmaceutical Center
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Photo2: Dedicated pharmaceutical transport vehicle
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The Nippon Express Group has positioned the pharmaceutical industry as a key industry in its "Nippon Express Group Business Plan 2023 -- Dynamic Growth," and has been developing a safe and secure pharmaceutical logistics platform to meet sophisticated and diverse pharmaceutical logistics needs globally.
The East Japan Pharmaceutical Center has now obtained GDP certification of its conformity to WHO standards for the storage and transport of pharmaceutical products in two temperature ranges (room temperature "15 C -25 C" and refrigerated "2 C -8 C"). The Nippon Express Group has acquired GDP certifications for pharmaceutical logistics at 32 business locations in 24 countries/regions around the world (including two sites that have also acquired CEIV Pharma certification) and will continue providing safe and high-quality pharmaceutical logistics services on an end-to-end basis globally with these certifications at the heart of its services.
Going forward, the Nippon Express Group will be further strengthening its pharmaceutical initiatives, enhancing the value of pharmaceuticals through transport, and striving to improve quality and expand services to ensure pharmaceuticals reach those who need them and thereby contribute to their health.
Nippon Express website: https://www.nipponexpress.com/
Nippon Express Group's official LinkedIn account:
https://www.linkedin.com/company/nippon-express-group/
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| 2022-09-14T07:18:59Z
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This marks SandboxAQ's first acquisition and second deal in its Strategic Investment Program
PARIS and PALO ALTO, Calif., Sept. 14, 2022 /PRNewswire/ -- SandboxAQ, an enterprise SaaS company delivering the compound effects of AI and Quantum tech (AQ) to governments and the Global 1000, today announced it has acquired Cryptosense, a leading cybersecurity and encryption analysis software company. SandboxAQ's acquisition comes just weeks after the company unveiled its Strategic Investment Program and initial investment in evolutionQ.
The acquisition of Cryptosense complements and accelerates the deployment of SandboxAQ's Post-Quantum Cryptography (PQC) solutions to corporations and government institutions worldwide. SandboxAQ's cybersecurity products enable large enterprises to scale cryptography management across their IT infrastructure, providing CISOs with a single, 360° view of how encryption is used throughout the enterprise – a critical first step in migrating to PQC.
This migration to stronger cybersecurity is important for critical infrastructure sectors such as financial services, technology, energy, biopharma, logistics, and government.
Cryptosense is used by leading technology and financial services organizations and is a fellow NIST NCCOE partner. The combined customer relationships will help SandboxAQ bring its PQC solutions to market faster and protect these organizations and their customers from existing and emerging quantum threats, such as Store Now, Decrypt Later (SNDL) attacks.
"Rapid advances in quantum computing and AI challenge the effectiveness and performance of existing cryptography-based cybersecurity solutions. The combined leadership, talent, and expertise that SandboxAQ and Cryptosense bring to the marketplace accelerates the deployment of more effective cryptography solutions to protect the world against the security threats of today and tomorrow," said Jack D. Hidary, CEO of SandboxAQ. "The caliber of the Cryptosense team is recognized throughout the information security community, with the leadership by Graham Steel and Clément Jeanjean. We welcome Cryptosense to the SandboxAQ family and look forward to our continued success as one company."
Dr. Graham Steel, Cryptosense founder, added, "The complementary functionality and expertise between Cryptosense and SandboxAQ enables us to build and deliver SaaS solutions at scale with higher touch customer service. PQC implementation is critical to protect the world's sensitive data and together we will make a greater impact."
Cryptosense was advised by Stifel and Hogan Lovells and SandboxAQ was advised by Morgan Lewis.
SandboxAQ is an enterprise SaaS company, providing solutions at the nexus of AI and Quantum technology (AQ) to address some of the world's most challenging problems. The company's core team and inspiration formed at Alphabet Inc., emerging as an independent, growth-capital-backed company in 2022. For more information visit www.sandboxaq.com.
Cryptosense is an enterprise SaaS company that helps organizations identify and catalog the cryptography leveraged within their applications and infrastructure. Some of the largest technology and financial services companies worldwide use Cryptosense for their cybersecurity needs. Cryptosense announced a $4.8 million funding round in May 2021 backed by Amadeus Capital Partners, Elaia Partners and BGV.
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| 2022-09-14T07:19:05Z
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New report by the leading analyst firm Staffing Industry Analysts (SIA) published – zvoove highlighted as the leading provider of end-to-end software solutions for the temporary staffing industry
WIETMARSCHEN-LOHNE, Germany, Sept. 14, 2022 /PRNewswire/ -- The current report of the Staffing Industry Analysts (SIA) "Global Staffing Backoffice Software Landscape" honors the zvoove Group as the global leader in the industry: zvoove has both the largest range of modules and the best product maturity on the market. With its market-leading products and services, zvoove has its finger on the pulse and offers solutions that are precisely tailored to the needs of European temporary staffing companies.
As the most renowned market analyst with a focus on the temporary staffing sector, SIA regularly conducts in-depth market research. SIA compared 19 software providers and presents a comprehensive overview about providers and their solutions to temporary staffing firms. In the detailed report, zvoove is highlighted as a provider of holistic end-to-end solutions that always keeps an eye on the market's needs. As a unique selling point, the report states that zvoove offers the most comprehensive range of functions for temporary staffing on the market and reliably ensures legal compliance.
Software as a Service (SaaS) is an important trend that is shaping the software landscape around temporary staffing. Here, too, the report confirms that zvoove is the leading provider that has already set itself up for the future with its SaaS solutions. "The results of the SIA report confirm our strategy. We recognized at an early stage that software must support the flexibilization of the labor market," explains Pascal Deters, Product Manager Lead at zvoove. "With our SaaS solutions, we offer our customers great benefits, for example more flexibility, faster innovation and update cycles, and maximum security."
The SIA report also emphasizes that zvoove is successfully expanding its market leadership on the European market for temporary staffing software. Highlights include the different language versions and guaranteed compliance that ensure coverage of many non-English speaking regions. In addition, zvoove is on a strong international growth path. Most recently, the company acquired the Dutch provider Pivoton. This makes zvoove the only provider to offer market leading ERP solutions in several European countries. "By expanding into countries that represent important markets for temporary staffing, we are also expanding our pool of experts and software assets and can therefore offer our customers more innovative software with cutting-edge technology," emphasizes Sascha Alber, CPO/CTO of zvoove. "In addition to our compliant ERP systems, individually for different countries (verticals), we provide pan-European synergies with our horizontal solutions like zvoove Recruit."
About zvoove
The zvoove Group is the market-leading provider of SaaS solutions for temporary staffing and facility management in Europe. In a dynamic ecosystem of service providers, the extended workforce and corporates, zvoove improves the world of work through end-to-end digitalization for service providers, more job offers and career opportunities for employees and reliable workforce for corporates. More than 3,700 customers and over 50,000 end users trust in zvoove. Today, they manage over 700,000 temporary workers, 12 billion euros in annual payroll and 500,000 applications per year via zvoove`s platforms. zvoove employs more than 350 employees at 8 locations across Europe.
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| 2022-09-14T07:19:12Z
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SUZHOU, China, Sept. 14, 2022 /PRNewswire/ --Transcenta Holding Limited ("Transcenta") (HKEX: 06628), a clinical stage biopharmaceutical company with fully-integrated capabilities in discovery, research, development and manufacturing of antibody-based therapeutics, announces that TST003, its first-in-class, high affinity humanized monoclonal antibody targeting Gremlin1, has received IND clearance from U.S. Food and Drug Administration (FDA).
Gremlin1, a member of the TGF-β super family, is highly expressed by stromal cells in diverse human carcinomas, such as esophageal cancer, pancreatic cancer, gastric cancer, colon cancer, lung cancer, breast cancer and prostate cancer and is associated with tumorigenesis, contributing to the proliferation, migration, invasion and metastasis of cancer cells. TST003 has displayed significant anti-tumor activities both in vitro and in vivo in preclinical studies. TST003 has the potential to become a novel cancer treatment, either as monotherapy or in combination with immune checkpoint inhibitor and/or other anti-tumor agents.
In May 2022, Nature Cancer published the study results by Transcenta and Shanghai Jiao Tong University scientists on the potential application of the its first-in-class Gremlin1 targeting antibody in the treatment of androgen receptor-negative/low prostate cancer. The study results revealed that Gremlin1 protein can promote lineage plasticity and drive castration resistance in prostate cancer. Gremlin1-specific antibodies can effectively control tumor growth in androgen receptor-negative/low prostate cancer. The study also demonstrated a synergistic activity between the anti-Gremlin1 antibody and enzalutamide against patient-derived castration-resistant prostate cancer models in vitro and in vivo.
"Targeting Gremlin1 with our antibody TST003 has the potential to be transformative in the treatment of high unmet need cancer indications, such as castration resistant prostate cancer. We look forward to initiating our first time in human clinical study which is designed to address key questions to optimize TST003 clinical development plan." said Dr. Caroline Germa, Transcenta's Executive Vice President, Global Medicine Development and Chief Medical Officer.
About TST003
TST003 is a potentially first-in-class antibody drug candidate around the world targeting a novel immune regulatory protein produced by tumor-associated fibroblasts or tumor cells with mesenchymal phenotype. In preclinical studies, TST003 has demonstrated anti-tumor activities either as a single agent or in combination with targeted agent in "target-expressing" patient-derived xenografts (PDX) tumor model. In addition, TST003 displayed anti-tumor activities as a single agent and enhanced the anti-tumor activity of checkpoint inhibitor in multiple syngeneic tumor models.
About Transcenta Holding Limited
Transcenta (HKEX: 06628) is a clinical stage biopharmaceutical company with fully integrated capabilities in antibody-based biotherapeutics discovery, research, development and manufacturing.
Transcenta has established global footprint, with Headquarters and Discovery, Clinical and Translational Research Center in Suzhou, Process and Product Development Center and Manufacturing Facility in Hangzhou, and Clinical Development Centers in Princeton, US and in Beijing, Shanghai and Guangzhou of China, and External Partnering Center in Boston and Los Angeles, US. Transcenta has also initiated the construction of the Group Headquarters and the second high-end biopharmaceutical facility with ICB as its core technology in Suzhou Industrial Park. Transcenta is developing ten therapeutic antibody molecules for oncology and selected non-oncology indications including bone and kidney disorders.
For more information, please visit www.transcenta.com and https://www.linkedin.com/company/transcenta.
Forward-Looking Statements
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Transcenta, are intended to identify certain of such forward-looking statements. Transcenta does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of Transcenta with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond Transcenta's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, Transcenta's competitive environment and political, economic, legal and social conditions.
Transcenta, the Directors and the employees of Transcenta assume (a) no obligation to correct or update the forward-looking statements contained in this site; and (b) no liability in the event that any of the forward-looking statements does not materialize or turn out to be incorrect.
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| 2022-09-14T07:19:19Z
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Imperial Oil to hold fuel spill training exercise on St. Clair River Wednesday morning
Laura Fitzgerald
Port Huron Times Herald
Residents should expect to see boats and boom deployment on the St. Clair River at the Imperial Oil site in Sarnia Wednesday morning during a marine simulation.
The exercise will simulate a release of diesel fuel at 8:30 a.m. at the site. There will be noticeable activity during the simulation, said Imperial Oil spokesperson Kristina Zimmer.
Zimmer said Imperial plans to notify the public through the MyCNN system and via Imperial's social media channels.
Transport Canada and the Canadian Coast Guard will be participating in the simulation as observers, Zimmer said.
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| 2022-09-14T07:48:16Z
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STOCKHOLM, Sept. 14, 2022 /PRNewswire/ -- Boliden has issued green bonds totaling SEK 2 billion under the company's MTN program with maturities of three and five years respectively. The financing will support expansion investments in Odda with the aim of increasing zinc production with a low climate footprint.
"The interest in our first green bonds has been very great, which in itself is proof of the importance of metals for the climate transition and Boliden's position as a sustainable metal's producer", says Håkan Gabrielsson, CFO, Boliden.
Today, Boliden is the industry leader in extracting and producing metals with a low climate footprint. The goal is also for the carbon dioxide intensity to be reduced by a further 40 percent until 2030, with 2012 as the base year. Yesterday, for the first time, Boliden issued green bonds for a total of SEK 2 billion with the aim of supporting Boliden's ambitions in climate change.
The financing will be used for the expansion of the Odda zinc smelter in Norway. Odda is already today one of the world's most climate-efficient zinc smelters, and the expansion means that a larger part of the growing demand for zinc, including from increased fossil-free energy production, can be met in a responsible way.
In order for an investment project within Boliden to be eligible for financing from the green bonds, approval by the company's Sustainable Finance Committee is required and all conditions set out in Boliden's Green Finance Framework are met. The framework and the CICERO Shades of Green's Second Opinion are available at https://www.boliden.com/investor-relations/financials/debt-structure.
The bonds were issued under Boliden's MTN program and have maturities of three years at floating interest and five years at fixed interest and will be listed on Nasdaq Stockholm's bond list. DNB Markets was the organizer.
For further information, please contact:
Klas Nilsson, Director Group Communications, phone: 070 - 453 65 88, klas.nilsson@boliden.com
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| 2022-09-14T08:49:10Z
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V2X is full steam ahead in China, nearing an inflection point in Europe, and gets the green light in the United States
NEW YORK, Sept. 14, 2022 /PRNewswire/ -- Adoption of short-range V2X continues at full steam in China, will take off in Europe in 2027, and is closer to getting the green light in the United States. According to ABI Research, a global technology intelligence firm, more than 10 million vehicles will be capable of short-range V2X communication by 2025. However, indirect communication via the cellular network (e.g., V2N2X, I2N2V) still constitutes the most significant yet untapped V2X opportunity. Cellular connectivity will be available in 346 million vehicles by 2025, and smart city cellular connections will exceed 165 million.
In 2021, Europe was the region with the largest fleet of short-range V2X communication-enabled cars, but all from a single automaker, Volkswagen. "Given the lack of commitment of more automakers so far, by 2023, China alone will overtake Europe. The inauspicious scenario in Europe is leading industry players to place more emphasis on cellular network tests for the time being. However, there are still fundamental business model challenges to be overcome with this route. Although a truck and a private vehicle OEM may deploy ITS-G5 in 2023, the crucial market driver for mass adoption will be the V2X inclusion in the Euro NCAP scoring, as is currently happening in China. Lagging, the United States now has a solid regulatory framework for C-V2X, paving the way for deployments," explains Maite Bezerra, Smart Mobility and Automotive Industry Analyst at ABI Research.
There are suggestions in the industry that the V2X inclusion in the 2025 Euro NCAP rating scheme will be delayed to 2027 due to insufficient time to develop new test protocols. This includes establishing enough labs and validating new vehicle capabilities. "If this the case, it would conveniently coincide with New Radio technologies' readiness (802.11bd/NR-V2X PC5), meaning that carmakers could 'skip' the implementation of existing/legacy radios – provided backward compatibility with current ITS-G5 infrastructure and vehicles is not required. However, it would delay the take-off of the technology even further," says Bezerra. While the NCAP has not officially confirmed any changes, there is consensus that if the 2025 timeframe is maintained, it will focus on Day One use cases. There is also consensus that 2027 will be the inflection point for mass adoption because a complete range of Day Two use cases will become part of the Euro NCAP scoring.
The recent dismissal of the appeal against the FCC's 5.9GHz spectrum proceedings means that C-V2X has a clear path in the US and should spur the FCC to grant the existing C-V2X waiver requests faster. On the downside, the US may not have enough spectrum for some advanced cooperative perception/Day 2 use cases in the future. In China, C-V2X is currently found in low-volume premium vehicle models, but there are at least 25 OEMs in different stages of V2X production in the country. COVID-19 lockdowns and discussions about the GNSS positioning standard slowed down deployments in 2022. However, shipments of vehicles with C-V2X will grow exponentially in 2023, surpassing the one million mark as carmakers prepare for China NCAP 2025.
V2X has significant potential to increase traffic safety, optimize traffic flow, and reduce traffic congestion and emissions. "Therefore, the long wait for mass adoption should not discourage interest in the technology. Instead, it should motivate players to leverage the sizeable installed base of vehicles and infrastructure with embedded cellular connectivity. This will deliver immediate value through basic V2X services that do not rely on low latency and can greatly increase driver awareness scopes, such as road, traffic, traffic-light, and weather hazard alerts and information," Bezerra concludes.
These findings are from ABI Research's Vehicle-to-Everything (V2X) market data report. This report is part of the company's Smart Mobility and Automotive research service, which includes research, data, and ABI Insights. Market Data spreadsheets are composed of deep data, market share analysis, and highly segmented, service-specific forecasts to provide detailed insight where opportunities lie.
ABI Research is a global technology intelligence firm delivering actionable research and strategic guidance to technology leaders, innovators, and decision makers around the world. Our research focuses on the transformative technologies that are dramatically reshaping industries, economies, and workforces today.
ABI Research是一家国际科技情报公司，为全球科技领袖、创新人士和决策者提供实用的市场研究和战略性指导。我们密切关注一切为各行各业、全球经济和劳动市场带来颠覆性变革的创新与技术。
For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.
Global
Deborah Petrara
Tel: +1.516.624.2558
pr@abiresearch.com
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| 2022-09-14T08:49:17Z
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The latest results will be presented at THE BATTERY SHOW in Detroit, USA, September 13-15, 2022 and Battery Safety Summit, October 12-14, 2022
KOBE, Japan, Sept. 14, 2022 /PRNewswire/ -- Integral Geometry Science Inc. (https://www.ig-instrum.co.jp/), a Japanese deep tech imaging startup, releases an innovative inspection system, which will enable battery manufacturers to detect products having ignition risks with higher-precision. The system is applied with a theory of inverse problem, developed by Professor Kenjiro Kimura of Kobe University Japan, for the first time in applied mathematics history.
Storage batteries are used in many fields for the purpose of storing energy generated. Storage batteries are applied to aging tests before shipment, and only good batteries are distributed in the market. However, accidents such as ignition have occurred though batteries pass these safety tests. One of the causes of these accidents is that the electric current density inside the storage battery is spatially non-uniform, and the degree of this non-uniformity gradually increases as the battery is recharged and discharged. A sophisticated good/failure discrimination system is essentially required to eliminate theses batteries with non-uniform electric current density distribution.
Our visualization system can visualize and evaluate the spatial distribution of electric current density inside batteries by using measurement data of spatial distribution of the magnetic field outside the ones, which is originated from internal electric current flows.
The key technology and theory of this visualization system is an analytical solution of the inverse problem, that is to derive the electric current density distribution inside a storage battery from the measured data of the spatial distribution of the magnetic field. We have firstly derived its analytical solution. When nondestructive-testing based on this theory, although electric current is applied during measurement, level of the electric current is very low compared to the practical level of intrinsic battery power, and has no effect, so storage batteries that are determined to be good in terms of the spatial uniformity of electric current density distribution can be shipped as is.
Many manufacturers of vehicle-mounted storage batteries have used our visualization system, and we have contributed to the analysis of many failure locations and good/fail decisions (Figure 1). As a result of visualization, self-discharge points are brightly indicated.
Visualization of abnormalities about spatial distribution of electric current density caused by cycle degradation (Figure 2) and Li-NMR analysis by dismantling inspection have confirmed electrode degradation and metal precipitation at failure points (Figure 3).
- Future
When this next-generation pre-shipping quality control system based on electric current distribution visualization technology is introduced as a safety test, risks in the battery business are reduced and storage batteries with more safety assurance must be distributed. We will participate in an exhibition in the U.S. (THE BATTERY SHOW, dates : September 13-15, location : Suburban Collection Showplace, Novai, MI, booth number : #1250 / Battery Safety Summit, online, October 12-14, 2022).
- References
- Shogo Suzuki, Hideaki Okada, Kai Yabumoto, Seiju Matsuda, Yuki Mima, Noriaki Kimura, and Kenjiro Kimura, "Non-destructive visualization of short circuits in lithium-ion batteries by amagnetic field imaging system", Japanese Journal of Applied Physics, 60 056502(2021).
- Seiju Matsuda, Shogo Suzuki, Kai Yabumoto, Hideaki Okada, Yuki Mima, Noriaki Kimura, Kenjiro Kimura, "Real-time imaging of the electric conductivity distribution inside a rechargeable battery cell, Electrochemistry", Vol. 89, No. 5, 2021.
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SOURCE Integral Geometry Science Inc.
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| 2022-09-14T08:49:24Z
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- Maximize customer satisfaction with multi-orbit service, a combination of diverse satellite systems' strength
- Actively deal with growing demand of data by acquiring new satellite systems like HTS
- Take a step forward to mobility business, a future growth market of KT Group based on incomparable satellite business capabilities
SEOUL, South Korea, Sept. 14, 2022 /PRNewswire/ -- KT SAT announced that it participated in Euroconsult WSBW 2022 event, a global satellite conference which many satellite operators attends every year and presented its Multi-Orbit Satellite Business Strategy to public.
CEO of KT SAT, Kyungmin David Song attended to panel discussion as a panelist with C-level executives from Hispasat(Spain), Turksat(Turkey), Arabsat(Saudi Arabia), Airbus Defense & Space(Germany). The topic of the panel discussion was "Operators: Strengthening success with flexible assets". Five panelists were discussing about business strategies for competing against LEO service like Starlink as it recently has expanded its market globally.
KT SAT prepares for the Flexible HTS business for providing flexible satellite service by embracing rapidly increasing customer demand for data in the worldwide. Flexible HTS is recognized as a next generation capability of satellite operators to provide high speed, high capacity and high quality satellite service. KT SAT had meetings with many satellite manufacturers and checked their manufacturing technologies out in order to enter into HTS business at the event. KT SAT will be searching for an optimal HTS partner by examining partners' capabilities through on-site due diligence next month. This endeavor to level up its service follows long-term business strategy of KT SAT: the Multi-Orbit satellite service.
KT SAT aims to be a Multi-orbit satellite provider allowing it to provide the best quality satellite service which combined many strong points of diverse satellite systems like GEO, MEO and LEO. For this, KT SAT is actively dealing with many changes in market through acquiring GSO and NGSO satellites at the same time.
As a part of this business strategy, investment in Mangata Network, a MEO/HEO satellite service startup in US was completed early this year. And also KT SAT submitted a filing with the international Telecommunication Union(ITU) for LEO constellation design last year. NGSO satellite like MEO, LEO is adequate for a mobility service which provides connectivity to vessels, UAM, Air and so on. Especially KT Group is currently focusing on Mobility service and it established a strategic alliance with Hyundai Motor Group in order to promote mobility business on 7th of September. KT SAT will do its best to lead future mobility market as a member of the group as well.
CEO of KT SAT, Kyungmin David Song responded to a question about how to cope with market changes came from LEO operator's business expansion like as "When it comes to LEO satellite service, domestic demand in B2C market is limited. On the other hand, LEO could possibly find customer demand in B2B market since customer need for Mobility service (vessel, UAM, Air) is getting bigger. In a bid to meet customer need in mobility service, KT SAT also considers to cooperate with LEO providers as a Multi-Orbit service operator".
Meanwhile, KT SAT is preparing for the new satellite launch of KOREASAT6A. It signed a contract with Thales Alenia Space for manufacturing and with Satconsult for technical advice of KOREASAT6A. Also KT SAT signed with SpaceX for a launch service as well. After a successful launch in 2025, KOREASAT6A will cover growing demand of data communication in Asia Pacific region.
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SOURCE KT SAT
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| 2022-09-14T08:49:30Z
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Newly formed entity unveils first World of Open Source 2022 Europe Spotlight Report highlighting opportunities for greater open source public sector and vertical industries participation to achieve sustainability and collective value creation
DUBLIN, Sept. 14, 2022 /PRNewswire/ -- Linux Foundation Europe launches today with a dozen members, the intent to form a disruptive inaugural project, and original research offering new insights into the European dynamics of open source. Headquartered in Brussels, Belgium, Linux Foundation Europe is led by Gabriele Columbro as General Manager. Columbro will continue to serve as the Executive Director of the Fintech Open Source Foundation (FINOS).
Linux Foundation Europe's mission is to accelerate the growth of thriving open collaborative efforts focused on challenges and opportunities of all European constituencies, from individuals to public and private sectors, while providing an on-ramp for European projects and companies to succeed and collaborate on a global scale.
"The Linux Foundation has done a phenomenal job bringing together the private sector and individual contributors on a global scale over the last two decades. As a native-born Italian raised in the thriving European open source community of the early 2000s, I am thrilled to focus our attention on long-standing challenges and opportunities we can help unlock in Europe through open collaboration," said Gabriele Columbro, general manager, Linux Foundation Europe.
Inaugural members of Linux Foundation Europe include at Platinum level: Ericsson; at Gold Level: Accenture; at Silver level: Alliander, Avast, Bosch, BTP, esatus, NXP Semiconductors, RTE, SAP, SUSE, and TomTom; Associate level: Bank of England, OpenForum Europe, OpenUK and RISE Research Institute of Sweden. Participation in Linux Foundation Europe is open to any organization and free for existing Linux Foundation members.
Linux Foundation Europe will enable open collaborative projects to be hosted directly in European territory. Its inaugural project, the Open Wallet Foundation (OWF), just announced yesterday its intent to form. OWF is a new collaborative effort established to develop a digital wallet engine supporting interoperability for a wide range of use cases. The OWF initiative benefits from strong support, including leading companies across technology, public sector, and industry vertical segments.
Linux Foundation Europe's focus for the remainder of 2022 and into 2023 will be increasing global participation by establishing projects among individuals, companies, and organizations committed to open source software, standards, and data innovations that are aligned and have shared missions. LF Europe is designed to enable collaboration by providing the structure for technology collaboration within the unique European model. Reach out if you are interested in hosting a project in Linux Foundation Europe.
"I'm delighted the Linux Foundation is supporting open source collaboration across the European market. Regional collaboration is important, and the Linux Foundation is positioned to help elevate European open source efforts to de facto standards on a global scale," said Jim Zemlin, executive director, Linux Foundation.
While open source collaboration is a global phenomenon impacting industries in all parts of the world, in order to better understand the regional dynamics of open source and European priorities, Linux Foundation Europe partnered with Linux Foundation Research and 13 other European entities, to explore the state of open source from a European perspective, focusing on government, enterprise and non-profit initiatives.
Results of The World of Open Source: 2022 Europe Spotlight research were released today and key insights include:
- Open Source is widely recognized across countries and industries as a prime mechanism to deliver innovation
- The public sector is not leveraging the full power of open source collaboration to create collective value and advance the ambitious vision of the digital commons
- An imbalance between consumption and contribution policies challenges open source ecosystem sustainability
Funded by Linux Foundation Europe, this research was led by LF Research in collaboration with FINOS, LF Training & Certification, and LF Public Health. Additional support was provided by several organizations across the non-profit, for-profit, and academic sectors including Codemotion, Esade, Friedrich Alexander University, Institut de Govern i Polítiques Públiques (IGOP) de la Universitat Autònoma de Barcelona, OpenForum Europe, Sailboard, Scott Logic, TU/Berlin, TU/Eindhoven, TODO Group Europe Chapter, Università di Roma Tre, and the University of Southampton.
About Linux Foundation Europe
The Linux Foundation and Linux Foundation Europe together are supported by more than 3000 members internationally. This expansion highlights the Linux Foundation's commitment towards growing a truly global, diverse and inclusive institution to continue transparently advancing Open Source growth and to facilitate regional—global collaboration. The Linux Foundation is the world's leading home for collaboration on open source software, hardware, standards, and data. Linux Foundation projects are critical to the world's infrastructure including Linux, Kubernetes, Node.js, ONAP, Hyperledger Foundation, PyTorch, RISC-V, and more. Linux Foundation Europe methodology focuses on leveraging best practices and addressing the needs of contributors, users, and solution providers to create sustainable models for open collaboration. For more information, please visit us at linuxfoundation.eu.
Linux Foundation Europe will establish an Advisory Board for its Members to influence direction and priorities in the European region. Get in touch at info@linuxfoundation.eu if you are interested in joining.
Supporting Member Quotes:
"Open Source Software is a fundamental building block of today's telecommunication systems and thereby truly powers critical infrastructure. As a Platinum Member of Linux Foundation Europe, Ericsson is proud to support and foster open innovation in Europe in close collaboration with our customers, partners and the entire Open Source Software development community."
"Open source collaboration impacts all of our clients in every industry and future innovations such as digital wallet architecture requires working together to support portability, interoperability, privacy and security from the start," said David Treat, Global Metaverse Continuum Business Group & Blockchain lead, Accenture. "We're looking forward to collaborating with the expanding open source software community across Europe with the Linux Foundation. Through our founding membership, we will be able to help design and extend these collaborative efforts, innovations and software standards to all of our clients and partners across Europe."
"The energy transition is turning around the energy system at a global level with high ambitions on CO2 reduction. Being a distribution system operator at Alliander we are convinced that the only way to have impact in transforming the energy system is through collaboration. Being active in open source for nearly a decade (and 3 years at Linux Foundation Energy) has proven to Alliander that open source is a vital strategic pillar for reaching our goals," said Arjan Stam, Director, System Operations, Alliander.
"Becoming a founding member of Linux Foundation Europe represents the next step in our commitment to protecting digital freedom and the advancement of open ecosystems. We look forward to continuing to collaborate with other European companies and consortia, helping Europe lead the world on issues like privacy, data protection, digital wallets, and digital trust infrastructure," said Andy Tobin, Commercial Director, Europe for Digital Trust Services, at Avast, a brand of NortonLifeLock.
"Bosch has many years of experience in Open Source, and continuously increases its presence as a major adopter, contributor and supporter to multiple foundations," said Andree Zahir, Senior Vice President Cross-Domain Computing Solutions Business Unit Cockpit Technologies at Bosch. "We are excited to see the Linux Foundation intensifying its European activities, as Bosch clearly sees the potential this region has, to accelerate worldwide collaborative software development."
"Collaboration, decentralization, open standards, and transparency, are fundamental premises of distributed ledger technology (DLT) — the space BTP operates in. Our company has been a leading voice in the open source community as a member of CNCF, Hyperledger Foundation, LF Energy, and most recently FINOS," said Csilla Zsigri, VP Strategy at BTP. "Therefore, we are thrilled to be founding members of LF Europe, and help further accelerate the adoption of distributed ledgers and associated technologies in Europe."
"esatus is proud to be among the inaugural members of Linux Foundation Europe. Collaborative Open Source initiatives enabled by the Linux Foundation are the gold standard for successful, innovative and transparent software solutions. We are extremely pleased that Linux Foundation is now leveraging the Open Source Ecosystem to the particular requirements of the European community, to help achieve—among other goals—digital sovereignty," said Dr. André Kudra, CIO, esatus AG.
"NXP has a long history of collaboration with the Linux Foundation, and many of our customers around the globe rely on the Linux Foundation and its related projects," said Robert Oshana, Vice President of Software Engineering, NXP Semiconductors. "With a strong focus on the unique needs of European markets, the new Linux Foundation Europe will provide our European customers with new resources through open collaboration."
"As a power transmission system operator in France, RTE is committed to accelerating the energy transition. Open source collaborations are essential to this mission, to increase tenfold the innovation, speed, and cost-efficiency of core business software projects. We started investing in open source communities in 2018, notably as a founding member of LF Energy. Today, we are excited to join LF Europe and continue this successful journey," said Lucian Balea, Open Source Program Director at RTE.
"The Linux Foundation has been instrumental in bringing diverse interests, companies, and developer communities together to jointly create open-source software that ultimately empowers our modern civilization. Collaboration and co-innovation across companies is much easier when facilitated with a neutral foundation," says Dr. Michael Ameling, SVP, Head of Intelligent Enterprise and BTP Foundation, SAP SE. "SAP is a long-term supporter and active member of the Linux Foundation and its projects. As Europe's largest software company, SAP is fully committed with its engagement in the Linux Foundation, and supports its international expansion."
"One of our goals at SUSE is to provide the freedom and the ability to innovate everywhere," said Thomas Di Giacomo, chief product and technology officer at SUSE. "We are committed to open source, its power and its ongoing growth throughout the world. That continued growth demands new and stronger collaboration, facilitated by open source foundations that are also able to service projects rooted in Europe. Founded in Europe 30 years ago and now publicly listed there, SUSE is pleased to support the creation and launch of the Linux Foundation Europe."
"At TomTom we are mapmakers, providing geolocation technology for drivers, carmakers, enterprises, and developers. Our business and products rely on open source software. Through our Linux Foundation Europe membership we continue to collaborate on open source software and standards together with our customers, partners and peers," said Eric Bowman, CTO at TomTom.
"The Linux Foundation Europe provides a great opportunity for people and organisations of every type to contribute and benefit from the open source approach. We look forward to contributing to their ongoing work ensuring that everyone benefits from greater open source collaboration," said William Lovell, Head of Future Technology, Bank of England.
"Open Source is at the heart of Europe's collaborative culture and is a fundamental building block of its new digital reality. When looking at the world's big challenges, from the pandemic and supply chain shortages to climate change, open innovation is stepping up and is a source of optimism. The creation of Linux Foundation Europe is an important recognition of Europe as an Open Source champion and brings more weight to the new institutional set-ups that our continent needs. OpenForum Europe is excited to join LF Europe! Together with Europe's Open Source ecosystem, we will create the modes of collaboration at scale that are needed to find solutions to our complex problems," said Sachiko Muto, Chairman, Open Forum Europe.
"Bienvenue a l'Europe, Linux Foundation. OpenUK looks forward to continued collaboration with the Linux Foundation both in the US and the EU. Open Source Software is today under the government spotlight internationally because it is the bedrock for the digital infrastructure we all rely on every day, and it needs effective security, curation and stewardship over time. This translates into sustainable support for the right people, communities and organisations to continue that open source success. We welcome this new partnership aligned to our lead in the global collaborative response, furthering our vision of UK leadership and international collaboration in Open Technology," said Amanda Brock, CEO, OpenUK.
"Open source software allows a more independent and faster digitalization of European industry and society. As a branch of one of the leading open source ecosystems - Linux Foundation Europe will play a vital role here. As Sweden's largest research institute, we look forward to working together with a focus on strengthening the open source community and initiatives in Europe, for both industry and society." Joakim Eriksson, Head of Connected Intelligence Unit at RISE Research Institutes of Sweden.
Media Contacts
Dan Whiting
+1 202-531-9091
dwhiting@linuxfoundation.org
Andi Lustak
+36203677801
andi.lustak@gmail.com
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SOURCE The Linux Foundation
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| 2022-09-14T08:49:37Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Uber Technologies, Inc. (NYSE: UBER) between May 31, 2019 and July 8, 2022, both dates inclusive (the "Class Period"), of the important October 17, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Uber securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Uber class action, go to https://rosenlegal.com/submit-form/?case_id=7523 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 17, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Uber had defective disclosure controls and procedures; (2) Uber concealed and/or downplayed the full scope and severity of its prior misconduct, including, among other things, the extent to which it secretly lobbied government officials and politicians to bypass legal and regulatory requirements, as well as knowingly risked the safety of Uber drivers, to fuel the Company's global growth; (3) as a result, Uber's present global footprint and market share is in significant part the byproduct of previously undisclosed, unsustainable, and illegal business practices; (4) all the foregoing, once revealed, was likely to negatively impact Uber's reputation, as well as subject the Company to a heightened risk of governmental and regulatory scrutiny and enforcement action; and (5) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Uber class action, go to https://rosenlegal.com/submit-form/?case_id=7523 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
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SOURCE Rosen Law Firm, P.A.
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| 2022-09-14T08:49:43Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of LifeStance Health Group, Inc. (NASDAQ: LFST) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with LifeStance Health's June 2021 initial public offering (the "IPO"), of the important October 11, 2022 lead plaintiff deadline.
SO WHAT: If you purchased LifeStance Health securities pursuant and/or traceable to the Registration Statement you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the LifeStance Health class action, go to https://rosenlegal.com/submit-form/?case_id=8073 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 11, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the IPO Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) the number of virtual visits clients were undertaking utilizing LifeStance Health was decreasing as the COVID-19 lockdowns were being lifted, thereby flatlining LifeStance Health's out-patient/virtual revenue growth; (2) the percentage of in-person visits clients were undertaking utilizing LifeStance Health was increasing as the COVID-19 lockdowns were being lifted, thereby causing LifeStance Health's operating expenses to increase substantially; (3) LifeStance Health had lost a large number of physicians due to burn-out and, as a result, its physician retention rate had fallen significantly below the 87% highlighted in the IPO's registration statement and LifeStance Health had been expending additional costs to onboard new physicians who were less productive than the outgoing physicians they were replacing; and (4) as a result, LifeStance Health's business metrics and financial prospects were not as strong as the IPO's registration statement represented. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the LifeStance Health class action, go to https://rosenlegal.com/submit-form/?case_id=8073 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A.
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| 2022-09-14T08:49:49Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds sellers of the stock of Sinovac Biotech Ltd. (NASDAQ: SVA) between April 11, 2016 and February 22, 2019, both dates inclusive (the "Class Period"), of the October 17, 2022 lead plaintiff deadline in the lawsuit against 1Globe Capital LLC and certain of its officers.
SO WHAT: If you sold Sinovac securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Sinovac class action, go to https://rosenlegal.com/submit-form/?case_id=8179 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 17, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants' intentionally false statements and omissions concerning the true nature of 1Globe, a family investment office that is owned and controlled by defendant Jiaqiang Li, and Li's ownership of Sinovac stock caused the exchange, under the Rights Agreement of March 28, 2016 which included a "poison pill" limiting the number of Sinovac shares that a shareholder could acquire, to be delayed by several years. If Li had fully disclosed his ownership of Sinovac stock, as he was required to do under Section 13(d), it would have been clear that the Rights Agreement was triggered by May 2016, at the latest. While Sinovac knew enough information starting in 2016, largely based on private correspondence, to determine that 1Globe and Li triggered the Rights Agreement, defendants hid the full extent of their ownership of Sinovac stock and their agreements in connection with the battle for control of the Company. Defendants therefore also tortiously interfered with Sinovac's contractual obligations to its shareholders under the Rights Agreement.
Also according to the lawsuit, if 1Globe's and Li's actions were disclosed publicly, as they were required to be under Section 13(d), shareholders' rights would have been exercisable based on that public disclosure, and an exchange would have occurred based on that date. By misrepresenting the true nature of their ownership of Sinovac stock, defendants caused that date to be delayed almost three years, until February 22, 2019, resulting in the class losing their rights to acquire additional shares of Sinovac stock for all of their shares that they sold in the interim. While Sinovac should have implemented the Rights Agreement in 2016 based on the information available to it at the time, 1Globe and Li exacerbated the problem by violating their disclosure obligations under Section 13(d). Moreover, defendants caused the value of Sinovac stock to be artificially depressed by preventing the public from accounting for the value of defendants' stake in Sinovac and their efforts to take control of the Company.
To join the Sinovac class action, go to https://rosenlegal.com/submit-form/?case_id=8179 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
View original content to download multimedia:
SOURCE Rosen Law Firm, P.A.
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https://www.whsv.com/prnewswire/2022/09/14/rosen-top-ranked-investor-counsel-encourages-sinovac-biotech-ltd-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-against-1globe-capital-llc-certain-its-officers-sva/
| 2022-09-14T08:49:56Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of MINISO Group Holding Limited (NYSE: MNSO) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with MINISO's October 2020 initial public offering (the "IPO") of the important October 17, 2022 lead plaintiff deadline.
SO WHAT: If you purchased MINISO securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the MINISO class action, go to https://rosenlegal.com/submit-form/?case_id=7814 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 17, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) defendants and other undisclosed related parties owned and controlled a much larger amount of MINISO stores than previously stated; (2) as a result, MINISO concealed its true costs; (3) the Company did not represent its true business model; (4) defendants, including the Company and its Chairman, engaged in planned unusual and unclear transactions; (5) as a result of at least one of these transactions, the Company is at risk of breaching contracts with Chinese authorities; (6) the Company would imminently and drastically drop its franchise fees; and (7) as a result of the foregoing, defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the MINISO class action, go https://rosenlegal.com/submit-form/?case_id=7814 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
View original content to download multimedia:
SOURCE Rosen Law Firm, P.A.
|
https://www.whsv.com/prnewswire/2022/09/14/rosen-top-ranked-law-firm-encourages-miniso-group-holding-limited-investors-secure-counsel-before-important-deadline-securities-class-action-filed-by-firm-mnso/
| 2022-09-14T08:50:02Z
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XIAMEN, China, Sept. 14, 2022 /PRNewswire/ -- Milesight, a global AIoT solutions provider, announced that a province-wide LoRaWAN® indoor air quality (IAQ) solution has grounded with Assek Technologie in public schools in Quebec, Canada. Measuring indoor carbon dioxide (CO2) concentrations, relative humidity and temperature is part of the Québec government strategy developed to achieve the best possible learning and working environment at all times for students and school staff. With actionable indoor air data, well-ventilated classrooms are achievable and secured.
Encouraging Results from 2 Pilots
Two successful pilot projects provide strong and compelling evidence of LoRaWAN® technology and quick deployment in thousands of schools across Quebec, Canada. In each pilot, Milesight's AM107 indoor air quality sensors were installed rapidly in approximately 30 classrooms, with Assek's software presenting great tools to monitor the air quality in classrooms efficiently. During the pilot projects, Semtech provided Milesight with valuable and helpful advice to achieve a better response for the AM107 to LinkADRReq at the MAC layer, which enhanced the compatibility of the sensors in this project.
Safer and Easier LoRaWAN® IAQ Protection in Public Schools
Through the course of challenging days, LoRaWAN® technology is promising and cutting-edge. LoRaWAN® devices meet all requirements, including visualized data, multiple environment monitoring, long battery life, fast transmission and high reliability of messages. Wireless solutions are ideal for both modern and historic school buildings. For example, 191 classrooms in Massey-Vanier were equipped with AM107 and 208 IAQ sensors were supplied to Louis-Philippe-Paré. Additionally, it is exciting to witness the transformation of time-honored schools for digital indoor air monitoring, such as Notre-Dame-de-la-Défense (founded in 1933), Notre-Dame-des-Neiges (founded in 1918), etc.
With comprehensive IAQ data, schools can now prioritize and implement corrective actions to facilitate the healthiness of the learning and working environment. Moreover, the solution could soon be integrated with HVAC systems to automatically ensure good IAQ standard. As one of the first LoRaWAN® mass deployment projects in Canada, it will certainly be an inspiring example for education systems within North America and worldwide.
CONTACT:
Sales Team: iot.sales@milesight.com;
Marketing Team: iot.marketing@milesight.com
View original content to download multimedia:
SOURCE Milesight
|
https://www.whsv.com/prnewswire/2022/09/14/tech-company-milesight-deploys-47000-lorawan-iaq-sensors-create-healthier-indoor-air-quality-canadian-schools/
| 2022-09-14T08:50:08Z
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MANOA-- A burnt out Toyota Tacoma sits in front of a residential home on Manoa Road.
Duel Arson Fires Torch Vehicles Less Than 2 Miles Apart
Do you have a story idea? Email news tips to news@kitv.com
MANOA-- A burnt out Toyota Tacoma sits in front of a residential home on Manoa Road.
A surveillance camera at the home, caught the suspected arson on tape, with a man targeting the truck out front.
Video shows an SUV stopping in the middle of 2-lane Manoa Road. A suspect in a light hoodie and face covering pours an accelerant from a container into the back of the truck bed. The truck ignites, and the fuel tank combusts, the sound of the explosion waking neighbors next door and down the street.
"Having a fire, especially something that seems that it's arson, is unsettling," a neighbor named Craig told KITV.
Adding to the uneasy news, another vehicle was torched less than 2 miles away within the same half hour.
The vehicle owner in Makiki rushed down the stairs to the carport below and put out the blaze using a fire extinguisher before it could spread to a second vehicle in the carport.
HPD is currently investigating but has not said if the vehicle or suspect description match in the two cases.
"I'm not sure what that liquid was, obviously something flammable. But we're asking the public if you know anything about the case. If you recognize the vehicle or the suspect, please contact us at Crimestoppers," Chris Kim told KITV.
Back in Manoa, a charred fence stands between the burnt out vehicle and the neighbor's house. Investigators combed the area through the morning, as police seek more help from the public to find the perpetrator of the brazen act- or acts.
"But you can tell as soon as he pours his liquid on and lights it, there's immediate combustion. He actually put himself at risk to burning himself. I'm sure he is singed. I'm sure he's got some eye lashes, some eyebrows missing at this point," Kim added.
Do you have a story idea? Email news tips to news@kitv.com
Reporter
Jeremy Lee joined KITV after over a decade & a half in broadcast news from coast to coast on the mainland. Jeremy most recently traveled the country documenting protests & civil unrest.
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https://www.kitv.com/news/duel-arson-fires-torch-vehicles-less-than-2-miles-apart/article_68c64bec-3402-11ed-b2f3-9310838a47f7.html
| 2022-09-14T09:15:39Z
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Crowds gather in London to see queen’s coffin procession
LONDON (AP) - Queen Elizabeth II’s coffin will leave Buckingham Palace for the last time Wednesday as it is taken amid somber pageantry on a horse-drawn gun carriage past crowds of mourners to the Houses of Parliament, where the late monarch will lie in state for four days.
Crowds began massing early along the flag-lined mall outside the palace for the procession from the monarch’s official London residence to the historic Westminster Hall at Parliament.
They are the latest manifestation of a nationwide outpouring of grief and respect for the only monarch most Britons have ever known, who died at her beloved Balmoral summer retreat on Thursday at age 96, ending a 70-year reign.
People stood behind metal barriers or sat on folding chairs, umbrellas at the ready, takeout coffees in hand under gray skies hours before the coffin was scheduled to leave the landmark palace at 2:22 p.m. (1322 GMT).
Crowds have lined the route of the queen’s coffin whenever it has been moved in its long journey from Scotland back to London.
On Tuesday night, thousands braved a typical London drizzle as the state hearse, with interior lights illuminating the sovereign’s flag-draped casket, drove slowly from a military air base into the heart of London.
Geoff Colgan, a taxi driver who took the day off to witness the moment, stood stunned in the moments after the queen’s coffin passed.
“It’s one of those things you know would happen, but when it does you can’t believe it,” he said, holding his toddler.
Earlier, in Edinburgh, some 33,000 people filed in silent respect past her coffin as it lay for 24 hours at St. Giles’ Cathedral.
Hundreds of thousands are expected to do the same in London when the queen lies in state at the 900-year-old Westminster Hall, the oldest building in Parliament, for four days before her state funeral on Monday.
The hall is where Guy Fawkes and Charles I were tried, where kings and queens hosted magnificent medieval banquets, and where ceremonial addresses were presented to Queen Elizabeth II during her silver, golden and diamond jubilees.
Chris Bond, from Truro in southwest England, was among those lining up along the banks of the River Thames. He also attended the lying in state of the queen’s mother in 2002.
“Obviously, it’s quite difficult queuing all day long, but when you walk through those doors into Westminster Hall, that marvellous, historic building, there was a great sense of hush and one was told you take as much time as you like, and it’s just amazing,” he said.
“We know the queen was a good age and she served the country a long time, but we hoped this day would never come,” he added.
___
Follow AP coverage of Queen Elizabeth II at https://apnews.com/hub/queen-elizabeth-ii
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wvva.com/2022/09/14/crowds-gather-london-see-queens-coffin-procession/
| 2022-09-14T09:21:24Z
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Man, 23, loses both legs after drunken driver hits him
LAS VEGAS (KTNV) - A Las Vegas man is opening up about the day that changed his life forever: he lost both legs when a driver under the influence hit him. Now, he and his family hope his story can bring change.
Riley McGowan, a 23-year-old Southwest Gas employee, was fixing a gas valve on the side of the road just after 9 a.m. July 13 when he heard a loud screech and a bang.
“I looked up, and about five feet away from me was this truck. Next thing I know, I’m in the air getting tossed around. I felt my leg get crushed, basically,” he said.
The young man says a wrong-way driver, who was under the influence, ran him over twice before driving away. Crash reports corroborate his account.
“Scary as it may be, I basically remember everything,” he said. “I remember crawling. I remember looking out in the distance, seeing her truck drive off, as I’m trying to crawl away.”
After several surgeries, Riley McGowan is now a double amputee, having lost both legs. He’s in physical therapy until he can receive prosthetics.
“The technology with prosthetics and everything is amazing nowadays. You see videos of double amputees – worse than me, both above the knee – walking fine and everything. So, I know it’s possible,” he said.
Still, the crash and its aftermath has left the McGowan family devastated and angry.
“Couldn’t have just called an Uber or a taxi or something?” Riley McGowan said.
“He’s the best kid in the world and only 23. I know he’s got his life ahead of him, and it’s going to be a struggle. We intend to do everything to support him,” said his mother, Carmen McGowan.
The family wants change in Las Vegas, a city that is notorious for drunken drivers.
“Get the laws changed. If you give them 10 years after that first offense, first of all, they won’t be out there to repeat, and they’ll think twice the second time. We won’t have three or four or five offenses,” Carmen McGowan said.
Just before the crash, Riley McGowan received a promotion with Southwest Gas. The company says it is holding his position until his return.
The McGowan family has also set up a GoFundMe campaign that has raised more than $25,000.
Meanwhile, Danielle Kove, the driver accused of hitting Riley McGowan, has pleaded guilty to a felony charge of DUI resulting in substantial bodily harm. Her sentencing is scheduled for Sept. 29.
She had two prior impaired driving offenses.
Copyright 2022 KTNV via CNN Newsource. All rights reserved.
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https://www.wvva.com/2022/09/14/man-23-loses-both-legs-after-drunken-driver-hits-him/
| 2022-09-14T09:21:31Z
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Candidate forum held for upcoming Staunton elections
STAUNTON, Va. (WHSV) - Members of the Staunton community met downtown for a candidate forum for the open seat(s) in congress, on the school board and city council.
There are three seats open on both the school board and city council, qualified candidates are listed here.
The topics included a number of issues from alternative energy to the Staunton City Schools’ budget.
There were about 100 people attending the event at the Tempest Bar & Lounge in Downtown Staunton. Organizers say they worked to make the event nonpartisan.
“Officials are often seen as distant and we are giving people the opportunity to meet and greet ask questions on the floor or even catch them after the event to ask any questions they might have of the candidates,” George Gruner the Staunton City Democratic Chairperson explained.
Important dates to remember: Election day is on November 8 and early voting starts on September 23. The deadline to register to vote in Virginia is October 17.
For more information on how to vote in Virginia, click here.
Copyright 2022 WHSV. All rights reserved.
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https://www.whsv.com/2022/09/14/candidate-forum-held-upcoming-staunton-elections/
| 2022-09-14T09:37:03Z
|
Crowds gather in London to see queen’s coffin procession
LONDON (AP) - Queen Elizabeth II’s coffin will leave Buckingham Palace for the last time Wednesday as it is taken amid somber pageantry on a horse-drawn gun carriage past crowds of mourners to the Houses of Parliament, where the late monarch will lie in state for four days.
Crowds began massing early along the flag-lined mall outside the palace for the procession from the monarch’s official London residence to the historic Westminster Hall at Parliament.
They are the latest manifestation of a nationwide outpouring of grief and respect for the only monarch most Britons have ever known, who died at her beloved Balmoral summer retreat on Thursday at age 96, ending a 70-year reign.
People stood behind metal barriers or sat on folding chairs, umbrellas at the ready, takeout coffees in hand under gray skies hours before the coffin was scheduled to leave the landmark palace at 2:22 p.m. (1322 GMT).
Crowds have lined the route of the queen’s coffin whenever it has been moved in its long journey from Scotland back to London.
On Tuesday night, thousands braved a typical London drizzle as the state hearse, with interior lights illuminating the sovereign’s flag-draped casket, drove slowly from a military air base into the heart of London.
Geoff Colgan, a taxi driver who took the day off to witness the moment, stood stunned in the moments after the queen’s coffin passed.
“It’s one of those things you know would happen, but when it does you can’t believe it,” he said, holding his toddler.
Earlier, in Edinburgh, some 33,000 people filed in silent respect past her coffin as it lay for 24 hours at St. Giles’ Cathedral.
Hundreds of thousands are expected to do the same in London when the queen lies in state at the 900-year-old Westminster Hall, the oldest building in Parliament, for four days before her state funeral on Monday.
The hall is where Guy Fawkes and Charles I were tried, where kings and queens hosted magnificent medieval banquets, and where ceremonial addresses were presented to Queen Elizabeth II during her silver, golden and diamond jubilees.
Chris Bond, from Truro in southwest England, was among those lining up along the banks of the River Thames. He also attended the lying in state of the queen’s mother in 2002.
“Obviously, it’s quite difficult queuing all day long, but when you walk through those doors into Westminster Hall, that marvellous, historic building, there was a great sense of hush and one was told you take as much time as you like, and it’s just amazing,” he said.
“We know the queen was a good age and she served the country a long time, but we hoped this day would never come,” he added.
___
Follow AP coverage of Queen Elizabeth II at https://apnews.com/hub/queen-elizabeth-ii
Copyright 2022 The Associated Press. All rights reserved.
|
https://www.whsv.com/2022/09/14/crowds-gather-london-see-queens-coffin-procession/
| 2022-09-14T09:37:09Z
|
Secretary Miguel Cardona stops in Harrisonburg for Road to Success Back to School Bus Tour
HARRISONBURG, Va. (WHSV) - U.S. Secretary of Education Miguel Cardona continued his Road to Success Back to School Bus Tour in Shenandoah Valley visiting schools across the country to better highlight what school districts and universities need and have done to support students through the pandemic.
“For the last two years, we heard the challenges we have had in communities. It is important to roll up our sleeves and work hard when we have to but schools like this that have inclusivity, welcome environments and a sense of belonging as their core are schools that succeed,” Cardona said during his visit to Bluestone Elementary in Harrisonburg.
After visiting students in the Boys and Girls Clubs of Harrisonburg and Rockingham County, Cardona sat down for a roundtable discussion. Members of Harrisonburg City Council, the president of James Madison University, parents and families and more joined in on the conversation.
“We are a community that is all in for public education,” Dr. Michael Richards, HCPS superintendent, said. “As you can see our demographic matches America, now and in the future.”
Cardona heard from city and district leaders about the programs that have succeeded when it comes to special education and English language learners.
“We know that when the pandemic happened, we had a lot of academic needs, social-emotional well-being,” Cardona said. “When our kids came back it was that sense of community that our kids missed the most. Whether in the cafeteria or outside, I sense here that you have taken that to another level.”
Parents, school liaisons and district leaders spoke on the struggles students faced during and before the pandemic.
“If we do what we have done we are going to get what we have gotten in this country,” Cardona explained. “The pandemic forced us to stop and reexamine but we have to come back better and we have to engage families. There were achievement disparities before the pandemic and we have to address those. Another thing we have to address is the fact that most persons in our country were monolingual.”
Cardona praised the HCPS for the work they have done during the pandemic and emphasized the importance to continue to support students and staff in the future.
For more information on the Road to Success Back to School Bus tour, click here.
Copyright 2022 WHSV. All rights reserved.
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https://www.whsv.com/2022/09/14/secretary-miguel-cardona-stops-harrisonburg-road-success-back-school-bus-tour/
| 2022-09-14T09:37:15Z
|
Sen. Lindsey Graham, R-S.C., has introduced a bill to create a federal ban on abortions at 15 weeks in an attempt to force Republicans to adopt a partywide consensus on the issue.
The move comes as Democrats have turned abortion into a rallying cry following the Supreme Court decision in June to overturn Roe v. Wade. Polls have consistently shown that a majority of voters oppose the end of federal abortion protections.
Graham acknowledged at a press conference on Tuesday that the legislation has very little chance of becoming law in the near future, and that's not just because Democrats control Congress and the White House. The proposed legislation includes exceptions for rape, incest and the health of the mother but it has not received the backing of any GOP leaders.
The effort is at odds with the views of many federally elected Republicans who have said the issue of abortion should be left to the states. Graham himself said the issue should be left to the states before reversing his position with this legislation.
Today’s decision by the Supreme Court is a long overdue constitutional correction allowing for elected officials in the states to decide issues of life.
— Lindsey Graham (@LindseyGrahamSC) June 24, 2022
Graham told reporters that he has not spoken to Senate Minority Leader Mitch McConnell, R-Ky., about the bill. McConnell himself has largely avoided committing to any discussion of a federal abortion ban. In the days following the Supreme Court decision to overturn Roe, a conservative victory decades in the making, McConnell explicitly downplayed the chances of such a ban ever being enacted.
"It takes 60 votes in the Senate for either side to prevail on this issue," McConnell said at an event in his home state of Kentucky. "So I think the democratic process on this issue is going to work out at the state level."
Democrats wasted no time trying to tie all Republicans to Graham's plan
White House Press Secretary Karine Jean-Pierre released a statement reaffirming Democrats' pledge to restore federal protections for abortion rights.
"Republicans in Congress are focused on taking rights away from millions of women," Jean-Pierre said. "The President and Vice President are fighting for progress, while Republicans are fighting to take us back."
Democrats have warned for months that Republicans would move ahead with a federal abortion ban if they win back control in Washington--a message that has helped drive an increase in voter registration among women in several states.
The dynamic is particularly difficult for Republican candidates in places that aren't GOP strongholds, like Joe O'Dea who is running for Senate in Colorado. In a recent interview with NPR, O'Dea said he does not plan to support a federal abortion ban.
"I believe, the first five months, the mother has the choice," O'Dea said. "After that, there should be some exceptions rape, incest, life of the mother. Those should be exceptions. And I'll vote that way and I've been consistent about it."
But Graham said he thinks a federal abortion ban should be part of the campaign process and he wants his bill to represent the consensus view of the majority of groups opposing abortion rights.
"We are trying to basically normalize America here," Graham said. "If we stay on this and keep talking about it maybe in a decade this will be law."
Copyright 2022 NPR. To see more, visit https://www.npr.org.
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https://www.keranews.org/2022-09-13/gop-sen-lindsey-graham-introduces-15-week-abortion-ban-in-the-senate
| 2022-09-14T10:08:41Z
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NPR's Steve Inskeep talks to correspondent Charlie Duxbury of Politico Europe, about the rise of the Sweden Democrats, from a neo-Nazi group to an influential political party after Sunday's elections.
Copyright 2022 NPR
NPR's Steve Inskeep talks to correspondent Charlie Duxbury of Politico Europe, about the rise of the Sweden Democrats, from a neo-Nazi group to an influential political party after Sunday's elections.
Copyright 2022 NPR
|
https://www.wyomingpublicmedia.org/2022-09-14/a-far-right-party-in-sweden-has-grown-more-influential-in-recent-years
| 2022-09-14T10:08:41Z
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NPR's Steve Inskeep talks to correspondent Charlie Duxbury of Politico Europe, about the rise of the Sweden Democrats, from a neo-Nazi group to an influential political party after Sunday's elections.
Copyright 2022 NPR
NPR's Steve Inskeep talks to correspondent Charlie Duxbury of Politico Europe, about the rise of the Sweden Democrats, from a neo-Nazi group to an influential political party after Sunday's elections.
Copyright 2022 NPR
|
https://www.keranews.org/2022-09-14/a-far-right-party-in-sweden-has-grown-more-influential-in-recent-years
| 2022-09-14T10:08:47Z
|
The NPR Music podcast Alt.Latino paused operations a few months ago to retool with a new co-host. NPR's A Martinez talks to Felix Contreras and his new partner Anamaria Sayre.
Copyright 2022 NPR
The NPR Music podcast Alt.Latino paused operations a few months ago to retool with a new co-host. NPR's A Martinez talks to Felix Contreras and his new partner Anamaria Sayre.
Copyright 2022 NPR
|
https://www.wyomingpublicmedia.org/2022-09-14/after-an-extended-hiatus-alt-latino-returns-to-npr-music
| 2022-09-14T10:08:48Z
|
The NPR Music podcast Alt.Latino paused operations a few months ago to retool with a new co-host. NPR's A Martinez talks to Felix Contreras and his new partner Anamaria Sayre.
Copyright 2022 NPR
The NPR Music podcast Alt.Latino paused operations a few months ago to retool with a new co-host. NPR's A Martinez talks to Felix Contreras and his new partner Anamaria Sayre.
Copyright 2022 NPR
|
https://www.keranews.org/2022-09-14/after-an-extended-hiatus-alt-latino-returns-to-npr-music
| 2022-09-14T10:08:53Z
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Paleontologists are studying dinosaur tracks at the base of Alaska's Aleutian Islands. Their findings may have implications for climate science today.
Copyright 2022 NPR
Paleontologists are studying dinosaur tracks at the base of Alaska's Aleutian Islands. Their findings may have implications for climate science today.
Copyright 2022 NPR
|
https://www.wyomingpublicmedia.org/2022-09-14/dinosaur-tracks-in-alaska-may-help-scientists-grapple-with-climate-change
| 2022-09-14T10:08:54Z
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Paleontologists are studying dinosaur tracks at the base of Alaska's Aleutian Islands. Their findings may have implications for climate science today.
Copyright 2022 NPR
Paleontologists are studying dinosaur tracks at the base of Alaska's Aleutian Islands. Their findings may have implications for climate science today.
Copyright 2022 NPR
|
https://www.keranews.org/2022-09-14/dinosaur-tracks-in-alaska-may-help-scientists-grapple-with-climate-change
| 2022-09-14T10:08:59Z
|
The Florida grasshopper sparrow was on the brink of extinction but now numbers are rebounding in the wild. Birds bred at a zoo have been released onto prairies, where they continue to reproduce.
Copyright 2022 WMFE
The Florida grasshopper sparrow was on the brink of extinction but now numbers are rebounding in the wild. Birds bred at a zoo have been released onto prairies, where they continue to reproduce.
Copyright 2022 WMFE
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https://www.wyomingpublicmedia.org/2022-09-14/florida-grasshopper-sparrows-have-wowed-researchers-with-their-resilience
| 2022-09-14T10:09:00Z
|
The Florida grasshopper sparrow was on the brink of extinction but now numbers are rebounding in the wild. Birds bred at a zoo have been released onto prairies, where they continue to reproduce.
Copyright 2022 WMFE
The Florida grasshopper sparrow was on the brink of extinction but now numbers are rebounding in the wild. Birds bred at a zoo have been released onto prairies, where they continue to reproduce.
Copyright 2022 WMFE
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https://www.keranews.org/2022-09-14/florida-grasshopper-sparrows-have-wowed-researchers-with-their-resilience
| 2022-09-14T10:09:05Z
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Following the teaser trailer for the live-action version of Disney's The Little Mermaid, parents of young Black girls are posting videos across social media of their children's reactions to seeing Halle Bailey as Ariel.
"I wanna watch it!" a girl says in a video posted by TikTok user Adelia Chaiyakul.
"Mommy! ... She's brown like me!" says a girl in another TikTok.
Many similar videos have been shared across social media since the teaser trailer was released on Friday, with hashtags such as #representationmatters and #Blackgirlmagic. The trailer has surpassed 12 million views.
Disney first unveiled a sneak peek of its live-action adaptation of the 1989 animated film at its D23 Expo. In the video, fans get a brief look at Bailey, an actress and singer from the R&B duo Chloe x Halle, playing the lead role of Ariel.
In addition to Bailey, the film features actor Daveed Diggs as the voice of Sebastian, Melissa McCarthy as Ursula, Javier Bardem as Triton, Jacob Tremblay as Flounder, and Awkwafina as Scuttle.
In an interview with Variety, Bailey, 22, addressed the backlash towards her casting in the lead role. Some on social media have used the hashtag #NotMyAriel to say that casting a Black actress goes against the original Hans Christian Andersen fairy tale, which was originally published in Denmark in 1837. In the wake of that, Bailey said that her grandparents offered her some perspective.
"It was an inspiring and beautiful thing to hear their words of encouragement, telling me, 'You don't understand what this is doing for us, for our community, for all the little Black and brown girls who are going to see themselves in you,'" Bailey said.
"I want the little girl in me and the little girls just like me who are watching to know that they're special and that they should be a princess in every single way," she added.
k i just sobbed watching this thanks 😭💕she’s so sweet ❣️🥹 https://t.co/jKKdHkOvDe
— Halle (@HalleBailey) September 11, 2022
The original animated 1989 film tells the story of a young mermaid, Ariel, who falls in love with a human prince. In order to win him over, she makes a deal with a sea witch named Ursula to become a human.
The Little Mermaid is set to be released in theaters on May 26, 2023.
Copyright 2022 NPR. To see more, visit https://www.npr.org.
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https://www.wyomingpublicmedia.org/2022-09-14/halle-baileys-little-mermaid-is-already-making-waves-among-young-black-girls
| 2022-09-14T10:09:07Z
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CHICAGO — The United States may be hurtling toward a freight rail strike, one that spill over into passenger service in much of the country. Railroads are cutting shipments, Amtrak has stopped some passenger routes. The sticking point isn't pay. It's the tough lifestyle railroading imposes on people who drive trains, long shifts, lots of nights away, and the need to be on-call, able to get to work in two hours or less, for weeks on end.
On a normal day about 7,000 freight trains crisscross, according to the Association of American Railroads the United states, hauling most of the stuff that makes the economy work. But, this whole system could shut down later this week, because the people who drive these trains for a living are so angry, according to Dennis Pierce who's president of the engineer's union, Brotherhood of Locomotive Engineers and Trainmen.
"I have never seen this level of anger," Pierce says. "Animosity, acrimony, you pick the word, he says. "That means they're pissed off, 'cause they are." He says even though freight train engineers and conductors haven't had a raise in three years, that's not the issue. "They do not have days off. They do not have a schedule." They're on call, Pierce says, for weeks on end.
Engineers and conductors want more predictable, and flexible, schedules
Railroad engineers and conductors are paid well, typically about $100,000 a year. Even so, former engineer Millie Hood who drove trains 38 years for Burlington Northern Santa Fe says the occupation is brutal. "Yeah, it sucks the life right out of you," Hood says. "You're constantly thinking about the job. when I got off work, I'd go home and go to sleep and I immediately know when I get up that they could call me to go to work."
Engineers and conductors want more predictable, and flexible, schedules. Two unions representing engineers and conductors have been bargaining with the railroads along with 10 other unions representing other railroad workers, for close to three years.
The upshot of all that talking is a compromise hammered this summer out by a Presidential Emergency Board appointed by President Biden. It would offer rail workers the biggest pay hike in decades boosting railroad wages 24% by 2024. But it doesn't get at the work schedule issues, and Pierce says the railroads can do better.
"Union Pacific reported its best year ever last year," Pierce says. "And that's like 160 years-worth of best years, billions of dollars in profits. They can afford everything their employees are asking for. ... "Like hiring enough employees to cover for employees absences when engineers or conductors need time off on short notice."
Still, all the other railroad unions have tentatively signed off on the proposal currently on the table. The engineers and conductors are holding out and they could trigger a strike Friday morning.
A railroad strike could mean "people are not going to be able to make it home"
That would cause immediate problems for manufacturers, says Lee Sanders with the American Bakers Association. This is nationwide. And a broad range of manufacturers who get parts, packaging and raw material delivered by rail would be effected.
"If we don't get the ingredients that we need to our plants, we won't be able to make the products that we need to get our wholesome products to the consumers," Sanders says.
So, empty shelves are a possibility. Farmers are worried too about shipping grain. Dangerous chemicals have already stopped moving. Especially valuable goods are next, and passengers are getting stranded too.
Amtrak is already shutting down some of its long-distance routes. Like the Southwest Chief, from Chicago to Los Angeles, the Silver Star, from New York to Miami and the Empire Builder from Chicago to Portland and Seattle. That's because, outside of the Northeast, most Amtrak trains use tracks that are owned and operated by the big freight railroads. So, if there's a strike, those trains can't run.
At Union Station in Kansas City, Tia Henderson and her baby daughter waited Tuesday for their regular train to St. Louis.
"People need to travel back and forth. People that don't have as much finances, that don't have a car," Henderson says. "So I feel like them stopping that'll be a horrible thing to do because people are not going to be able to make it home."
So a railroad strike could cost billions of dollars and derail lots of travel plans. It's a political nightmare for the party in power. The Biden administration is leaning on the railroads, and holdout unions to come to an agreement.
If they don't and there's a strike, or a lock out, Congress will likely move to force the two sides to accept a deal, and go back to work.
Copyright 2022 KCUR 89.3
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https://www.keranews.org/2022-09-14/how-a-freight-train-strike-could-throw-your-plans-to-travel-by-train-off-track
| 2022-09-14T10:09:12Z
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CHICAGO — The United States may be hurtling toward a freight rail strike, one that spill over into passenger service in much of the country. Railroads are cutting shipments, Amtrak has stopped some passenger routes. The sticking point isn't pay. It's the tough lifestyle railroading imposes on people who drive trains, long shifts, lots of nights away, and the need to be on-call, able to get to work in two hours or less, for weeks on end.
On a normal day about 7,000 freight trains crisscross, according to the Association of American Railroads the United states, hauling most of the stuff that makes the economy work. But, this whole system could shut down later this week, because the people who drive these trains for a living are so angry, according to Dennis Pierce who's president of the engineer's union, Brotherhood of Locomotive Engineers and Trainmen.
"I have never seen this level of anger," Pierce says. "Animosity, acrimony, you pick the word, he says. "That means they're pissed off, 'cause they are." He says even though freight train engineers and conductors haven't had a raise in three years, that's not the issue. "They do not have days off. They do not have a schedule." They're on call, Pierce says, for weeks on end.
Engineers and conductors want more predictable, and flexible, schedules
Railroad engineers and conductors are paid well, typically about $100,000 a year. Even so, former engineer Millie Hood who drove trains 38 years for Burlington Northern Santa Fe says the occupation is brutal. "Yeah, it sucks the life right out of you," Hood says. "You're constantly thinking about the job. when I got off work, I'd go home and go to sleep and I immediately know when I get up that they could call me to go to work."
Engineers and conductors want more predictable, and flexible, schedules. Two unions representing engineers and conductors have been bargaining with the railroads along with 10 other unions representing other railroad workers, for close to three years.
The upshot of all that talking is a compromise hammered this summer out by a Presidential Emergency Board appointed by President Biden. It would offer rail workers the biggest pay hike in decades boosting railroad wages 24% by 2024. But it doesn't get at the work schedule issues, and Pierce says the railroads can do better.
"Union Pacific reported its best year ever last year," Pierce says. "And that's like 160 years-worth of best years, billions of dollars in profits. They can afford everything their employees are asking for. ... "Like hiring enough employees to cover for employees absences when engineers or conductors need time off on short notice."
Still, all the other railroad unions have tentatively signed off on the proposal currently on the table. The engineers and conductors are holding out and they could trigger a strike Friday morning.
A railroad strike could mean "people are not going to be able to make it home"
That would cause immediate problems for manufacturers, says Lee Sanders with the American Bakers Association. This is nationwide. And a broad range of manufacturers who get parts, packaging and raw material delivered by rail would be effected.
"If we don't get the ingredients that we need to our plants, we won't be able to make the products that we need to get our wholesome products to the consumers," Sanders says.
So, empty shelves are a possibility. Farmers are worried too about shipping grain. Dangerous chemicals have already stopped moving. Especially valuable goods are next, and passengers are getting stranded too.
Amtrak is already shutting down some of its long-distance routes. Like the Southwest Chief, from Chicago to Los Angeles, the Silver Star, from New York to Miami and the Empire Builder from Chicago to Portland and Seattle. That's because, outside of the Northeast, most Amtrak trains use tracks that are owned and operated by the big freight railroads. So, if there's a strike, those trains can't run.
At Union Station in Kansas City, Tia Henderson and her baby daughter waited Tuesday for their regular train to St. Louis.
"People need to travel back and forth. People that don't have as much finances, that don't have a car," Henderson says. "So I feel like them stopping that'll be a horrible thing to do because people are not going to be able to make it home."
So a railroad strike could cost billions of dollars and derail lots of travel plans. It's a political nightmare for the party in power. The Biden administration is leaning on the railroads, and holdout unions to come to an agreement.
If they don't and there's a strike, or a lock out, Congress will likely move to force the two sides to accept a deal, and go back to work.
Copyright 2022 KCUR 89.3
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https://www.wyomingpublicmedia.org/2022-09-14/how-a-freight-train-strike-could-throw-your-plans-to-travel-by-train-off-track
| 2022-09-14T10:09:13Z
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NPR's A Martinez talks to Paul Stronski of the Carnegie Endowment for International Peace, about how Russia's war with Ukraine is reshaping the Armenia-Azerbaijan conflict.
Copyright 2022 NPR
NPR's A Martinez talks to Paul Stronski of the Carnegie Endowment for International Peace, about how Russia's war with Ukraine is reshaping the Armenia-Azerbaijan conflict.
Copyright 2022 NPR
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https://www.keranews.org/2022-09-14/how-russias-invasion-of-ukraine-is-reshaping-the-armenia-azerbaijan-conflict
| 2022-09-14T10:09:18Z
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NPR's A Martinez talks to Paul Stronski of the Carnegie Endowment for International Peace, about how Russia's war with Ukraine is reshaping the Armenia-Azerbaijan conflict.
Copyright 2022 NPR
NPR's A Martinez talks to Paul Stronski of the Carnegie Endowment for International Peace, about how Russia's war with Ukraine is reshaping the Armenia-Azerbaijan conflict.
Copyright 2022 NPR
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https://www.wyomingpublicmedia.org/2022-09-14/how-russias-invasion-of-ukraine-is-reshaping-the-armenia-azerbaijan-conflict
| 2022-09-14T10:09:19Z
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NPR's Rachel Martin talks to Yonty Friesem of Columbia College Chicago about a new law in Illinois that requires high school students to receive lessons on media literacy.
Copyright 2022 NPR
NPR's Rachel Martin talks to Yonty Friesem of Columbia College Chicago about a new law in Illinois that requires high school students to receive lessons on media literacy.
Copyright 2022 NPR
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https://www.keranews.org/2022-09-14/illinois-now-requires-media-literacy-instruction-in-its-high-school-curriculum
| 2022-09-14T10:09:24Z
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NPR's Rachel Martin talks to Yonty Friesem of Columbia College Chicago about a new law in Illinois that requires high school students to receive lessons on media literacy.
Copyright 2022 NPR
NPR's Rachel Martin talks to Yonty Friesem of Columbia College Chicago about a new law in Illinois that requires high school students to receive lessons on media literacy.
Copyright 2022 NPR
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https://www.wyomingpublicmedia.org/2022-09-14/illinois-now-requires-media-literacy-instruction-in-its-high-school-curriculum
| 2022-09-14T10:09:26Z
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Freight railroad workers threaten to strike. What legal probes may mean for Donald Trump's political future. A far-right party is expected to play a central role in Sweden's next coalition government.
Copyright 2022 NPR
Freight railroad workers threaten to strike. What legal probes may mean for Donald Trump's political future. A far-right party is expected to play a central role in Sweden's next coalition government.
Copyright 2022 NPR
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https://www.keranews.org/2022-09-14/morning-news-brief
| 2022-09-14T10:09:30Z
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Freight railroad workers threaten to strike. What legal probes may mean for Donald Trump's political future. A far-right party is expected to play a central role in Sweden's next coalition government.
Copyright 2022 NPR
Freight railroad workers threaten to strike. What legal probes may mean for Donald Trump's political future. A far-right party is expected to play a central role in Sweden's next coalition government.
Copyright 2022 NPR
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https://www.wyomingpublicmedia.org/2022-09-14/morning-news-brief
| 2022-09-14T10:09:32Z
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As part of Queen Elizabeth's Platinum Jubilee celebrations in June, she appeared in a skit with an animated Paddington Bear. Both said they kept a marmalade sandwich on hand for emergencies.
Copyright 2022 NPR
As part of Queen Elizabeth's Platinum Jubilee celebrations in June, she appeared in a skit with an animated Paddington Bear. Both said they kept a marmalade sandwich on hand for emergencies.
Copyright 2022 NPR
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https://www.keranews.org/2022-09-14/mourners-are-asked-to-stop-leaving-marmalade-sandwiches-outside-buckingham-palace
| 2022-09-14T10:09:37Z
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As part of Queen Elizabeth's Platinum Jubilee celebrations in June, she appeared in a skit with an animated Paddington Bear. Both said they kept a marmalade sandwich on hand for emergencies.
Copyright 2022 NPR
As part of Queen Elizabeth's Platinum Jubilee celebrations in June, she appeared in a skit with an animated Paddington Bear. Both said they kept a marmalade sandwich on hand for emergencies.
Copyright 2022 NPR
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https://www.wyomingpublicmedia.org/2022-09-14/mourners-are-asked-to-stop-leaving-marmalade-sandwiches-outside-buckingham-palace
| 2022-09-14T10:09:39Z
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The state of New York is tightening rules for religious schools. A scathing story in The New York Times recently pointed out failings in many ultra-orthodox Jewish schools for boys.
Copyright 2022 NPR
The state of New York is tightening rules for religious schools. A scathing story in The New York Times recently pointed out failings in many ultra-orthodox Jewish schools for boys.
Copyright 2022 NPR
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https://www.keranews.org/2022-09-14/new-york-approves-new-private-school-regulations
| 2022-09-14T10:09:43Z
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The state of New York is tightening rules for religious schools. A scathing story in The New York Times recently pointed out failings in many ultra-orthodox Jewish schools for boys.
Copyright 2022 NPR
The state of New York is tightening rules for religious schools. A scathing story in The New York Times recently pointed out failings in many ultra-orthodox Jewish schools for boys.
Copyright 2022 NPR
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https://www.wyomingpublicmedia.org/2022-09-14/new-york-approves-new-private-school-regulations
| 2022-09-14T10:09:45Z
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Ken Starr, a former federal judge who rose to prominence investigating former President Bill Clinton, has died. Starr's inquiry led to Clinton's impeachment.
Copyright 2022 NPR
Ken Starr, a former federal judge who rose to prominence investigating former President Bill Clinton, has died. Starr's inquiry led to Clinton's impeachment.
Copyright 2022 NPR
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https://www.keranews.org/2022-09-14/prosecutor-on-the-clinton-whitewater-probe-ken-starr-has-died-at-76
| 2022-09-14T10:09:49Z
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Ken Starr, a former federal judge who rose to prominence investigating former President Bill Clinton, has died. Starr's inquiry led to Clinton's impeachment.
Copyright 2022 NPR
Ken Starr, a former federal judge who rose to prominence investigating former President Bill Clinton, has died. Starr's inquiry led to Clinton's impeachment.
Copyright 2022 NPR
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https://www.wyomingpublicmedia.org/2022-09-14/prosecutor-on-the-clinton-whitewater-probe-ken-starr-has-died-at-76
| 2022-09-14T10:09:51Z
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It's been a year since Broadway started back up again - and there've been a lot of ups and downs. COVID still had the power to shut down shows, but performers and audiences persisted.
Copyright 2022 NPR
It's been a year since Broadway started back up again - and there've been a lot of ups and downs. COVID still had the power to shut down shows, but performers and audiences persisted.
Copyright 2022 NPR
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https://www.keranews.org/2022-09-14/the-broadway-community-is-celebrating-another-year-of-pandemic-survival
| 2022-09-14T10:09:55Z
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It's been a year since Broadway started back up again - and there've been a lot of ups and downs. COVID still had the power to shut down shows, but performers and audiences persisted.
Copyright 2022 NPR
It's been a year since Broadway started back up again - and there've been a lot of ups and downs. COVID still had the power to shut down shows, but performers and audiences persisted.
Copyright 2022 NPR
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https://www.wyomingpublicmedia.org/2022-09-14/the-broadway-community-is-celebrating-another-year-of-pandemic-survival
| 2022-09-14T10:09:58Z
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Few Ukrainian cities have suffered as much Russian bombardment as Mykolaiv, near the coveted port of Odesa. Targeted strikes led the authorities to round up suspected collaborators.
Copyright 2022 NPR
Few Ukrainian cities have suffered as much Russian bombardment as Mykolaiv, near the coveted port of Odesa. Targeted strikes led the authorities to round up suspected collaborators.
Copyright 2022 NPR
|
https://www.keranews.org/2022-09-14/ukraines-southern-coast-is-enduring-non-stop-russian-bombardment
| 2022-09-14T10:10:01Z
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The first new abortion ban passed by a state legislature since the overturning of Roe v. Wade this summer is set to take effect Thursday in Indiana.
Indiana lawmakers passed legislation banning most abortions in a special session in early August. It includes narrow exceptions for rape, incest, and certain serious medical complications and emergencies.
Indiana Gov. Eric Holcomb, a Republican, issued a statement soon after lawmakers approved the bill saying he was signing it into law as part of a promise he'd made "to support legislation that made progress in protecting life." Holcomb said the law includes "carefully negotiated exceptions to address some of the unthinkable circumstances a woman or unborn child might face."
Reproductive rights groups including the ACLU, Planned Parenthood, and others are challenging Indiana's law in state court. A hearing in that case is set for Sept. 19, four days after the law's effective date.
For now, abortion providers in the state will not be able to offer the procedure in most situations. In a statement, Whole Woman's Health of South Bend said it would be forced to stop providing abortions but would continue operating its clinic there to provide "support to all who seek abortion services, and to continue its activism and organizing to roll back cruel, unjust anti-abortion laws."
The group also noted that affiliates in other several other states, including neighboring Illinois, will continue to offer medication abortion where the pills are legal and to help patients travel for abortions.
The ban will affect patients well beyond Indiana, said Tamarra Wieder, the state director for Planned Parenthood in neighboring Kentucky, where there is currently no abortion access as a result of two anti-abortion laws that took effect after the Supreme Court issued Dobbs v. Jackson Women's Health Organization in June. That ruling did away with decades of precedent guaranteeing abortion rights and opened the door for states to prohibit the procedure.
Wieder said Indiana has been the next-closest option for most of her patients seeking abortions. Many will now have to travel to Illinois.
"That's really going to double or even triple the driving time for Kentucky residents seeking abortion care," Wieder said.
Indiana became a center of controversy surrounding abortion rights in the days after the Dobbs decision after Dr. Caitlin Bernard, an Indiana OBGYN, spoke out about providing an abortion to a 10-year-old girl from Ohio who'd become pregnant as a result of rape. The girl was denied an abortion after her home state's so-called "trigger ban," which does not include a rape exception, took effect because of the ruling.
In response, Indiana's Republican attorney general, Todd Rokita, questioned Bernard's credibility and threatened to investigate her, publicly suggesting without evidence that she'd failed to report the procedure. The state later released documents confirming that Bernard had filed the report. Bernard said she faced threats and other forms of harassment in the aftermath of the attention surrounding the case.
Indiana's law is taking effect as West Virginia moves closer to enacting its own new abortion ban. After failing to agree on a bill during multiple special sessions in recent weeks, West Virginia lawmakers approved a proposal in a brief special session on Tuesday. It prohibits most abortions, with a few exceptions for cases of rape, incest, and certain medical complications and would become law as soon as Gov. Jim Justice signs it.
Copyright 2022 NPR. To see more, visit https://www.npr.org.
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https://www.wyomingpublicmedia.org/2022-09-14/the-first-abortion-ban-passed-after-roe-takes-effect-thursday-in-indiana
| 2022-09-14T10:10:04Z
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The rural town of Balaklia was liberated as part of Ukraine's recent counteroffensive against Russia in the east. NPR was among the first group of journalists to go there.
Copyright 2022 NPR
The rural town of Balaklia was liberated as part of Ukraine's recent counteroffensive against Russia in the east. NPR was among the first group of journalists to go there.
Copyright 2022 NPR
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https://www.keranews.org/2022-09-14/ukrainians-in-a-recently-liberated-area-talk-about-their-life-under-russian-control
| 2022-09-14T10:10:07Z
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Fall's dazzling colors will soon transform woods and forests around the U.S., delighting spectators — if they can figure out when to see the fall foliage at the peak of their transformation.
A nationwide map of foliage patterns is here to help, offering a best-guess guide to when aspen, birch, larch and maple trees will turn vivid shades of gold, orange and crimson.
The forecast produced by the Smoky Mountains website predicts much of the U.S. will start seeing the most dramatic colors by late September to mid-October. But fall foliage can be very tricky to predict, especially as climate change brings warmer temperatures and disrupts historic rainfall patterns.
The timing comes down to several weather factors
Areas where warm temperatures persist can see fall colors arrive later than normal, especially if they've had near-average amounts of rainfall. And right now, the U.S. is coming off its third-hottest summer on record, according to the National Oceanic and Atmospheric Administration.
Dry conditions are another factor. In areas where rainfall has been scarce, leaves could start changing color early this year, and their effect might be less vibrant.
The U.S. Drought Map currently shows large sections of central and western states are experiencing moderate to exceptional drought. Much of the eastern U.S. is in better shape, but portions of the mid-Atlantic and Northeast, from Maryland up to Maine, are experiencing abnormally dry or drought conditions.
"We see a forest that is healthy in the far north but increasingly stressed by heat and drought in the south and near the coast," New England Today magazine says in its report on its home region.
The folks behind the Smoky Mountains' map acknowledge that like any forecast, theirs might not prove to be 100% accurate for every area. But they say their map is based on a complex algorithm that generates a strong prediction.
"Our model ingests multiple data points including NOAA precipitation forecasts, historical precipitation, average daylight exposure and temperature forecasts," Smoky Mountains founder and map creator David Angotti told NPR. "We process hundreds of thousands of data points from a variety of private and government sources to accurately predict the precise moment fall will occur for the entire United States."
The best conditions: cool nights and sunny days
"Sunny, but not hot, days and cooler nights provide the optimal conditions for fall foliage, with the lower temperatures slowing the production of chlorophyll — the pigment that gives plants their green color — and sunlight increasing sugar production," according to North Carolina State University's College of Natural Resources.
Dry conditions in parts of the Northeast have experts warning that people may need to temper their expectations for the fall show.
"The timing might not be the same, the colors might be a little bit more muted and not as beautiful and robust as we usually get to experience here in New England," as Nicole Keleher, the Massachusetts Department of Conservation and Recreation's forest health program director, told NPR member station WBUR.
Some areas could be helped by more rainfall — as long as it doesn't come with strong storm winds that knock leaves down.
"When there is more rain, the colors pop even more," the National Parks Service says, adding, "When there is a cool fall, the red maple leaves appear brighter as well."
When chlorophyll steps aside, other pigments shine
"Carotenoids are where we're going to get that yellow and orange color," as botanist and plant ecologist Tanisha Williams of Bucknell University told NPR in 2020. "So as the green pigment starts to break down, we see this yellow and orange color."
As trees prepare to conserve their energy for the following spring, some of them also produce another pigment, anthocyanin, that brings striking red and purple colors.
"The falling of the leaves and the changing of the colors are all in preparation for the tree to hunker down and basically hibernate in the wintertime," Williams said.
Copyright 2022 NPR. To see more, visit https://www.npr.org.
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https://www.wyomingpublicmedia.org/2022-09-14/this-map-can-tell-you-when-fall-foliage-is-peaking-in-2022
| 2022-09-14T10:10:10Z
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Few Ukrainian cities have suffered as much Russian bombardment as Mykolaiv, near the coveted port of Odesa. Targeted strikes led the authorities to round up suspected collaborators.
Copyright 2022 NPR
Few Ukrainian cities have suffered as much Russian bombardment as Mykolaiv, near the coveted port of Odesa. Targeted strikes led the authorities to round up suspected collaborators.
Copyright 2022 NPR
|
https://www.wyomingpublicmedia.org/2022-09-14/ukraines-southern-coast-is-enduring-non-stop-russian-bombardment
| 2022-09-14T10:10:17Z
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The rural town of Balaklia was liberated as part of Ukraine's recent counteroffensive against Russia in the east. NPR was among the first group of journalists to go there.
Copyright 2022 NPR
The rural town of Balaklia was liberated as part of Ukraine's recent counteroffensive against Russia in the east. NPR was among the first group of journalists to go there.
Copyright 2022 NPR
|
https://www.wyomingpublicmedia.org/2022-09-14/ukrainians-in-a-recently-liberated-area-talk-about-their-life-under-russian-control
| 2022-09-14T10:10:23Z
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Ex-Kansas City Chiefs coach pleads guilty in DWI crash
KANSAS CITY, Mo. (KCTV) - Britt Reid, a former Kansas City Chiefs coach and the son of head coach Andy Reid, has taken a plea deal in a driving while intoxicated case that left a young girl with traumatic injuries.
Britt Reid was charged with DWI causing serious physical injury in the Feb. 4, 2021, crash that left 5-year-old Ariel Young with traumatic brain injuries. A 4-year-old also suffered non-life-threatening injuries.
He took a plea deal Monday with a maximum four-year sentence.
KCTV reports the sentence could be 120 days in prison with the remainder of the time being served as probation, if he qualifies for good behavior. It is possible and likely Britt Reid and his legal team will ask for less.
Ariel’s family said they did not believe the plea deal was right. Mother Felicia Miller, who briefly let the judge know she did not approve, and other family members wore shirts with “Justice for Ariel” written on them.
Attorney Tom Porto, who represents the victims of the crash, released the following statement:
“The five victims of this crime are outraged the prosecuting attorney is not seeking the maximum sentence allowable by law. The defendant is a prior offender whose actions caused a five-year-old girl to be in a coma and seriously injured three others.”
Britt Reid apologized during Monday morning’s court appearance.
“I regret what I did. I made a huge mistake. I apologize to the family. I didn’t mean to hurt anyone,” he said.
Britt Reid did not address where he drank alcohol the night of the crash. He said he was trying to merge between two semi-trucks. He also acknowledged that he was speeding and lighting was poor prior to the crash.
The former Chiefs coach said he called 911 after the crash. He did not address if he made other phone calls afterward.
The night of the crash, a Chevrolet Impala ran out of gas near I-435 and Stadium Drive. The driver called a relative, who pulled up to the scene to help. That’s when a Ram pickup truck struck both vehicles. Britt Reid was identified as the driver.
Following the crash, an officer reported that Britt Reid smelled of alcohol and his eyes were bloodshot. When asked if he had been drinking, the officer said Britt Reid told him he had two or three drinks and that he was on Adderall.
According to court records, the officer conducted several sobriety tests, and Britt Reid showed signs of impairment.
Ariel suffered a traumatic brain injury and was hospitalized for weeks. In November, the girl’s family and the Chiefs announced they had reached a care plan for the child.
Britt Reid underwent emergency surgery for a groin injury after the crash. The Chiefs placed him on administrative leave, and his job with the team ended after his contract was allowed to expire.
This is not the first legal issue for Britt Reid, who graduated from a drug treatment program in Pennsylvania in 2009 after a series of run-ins with law enforcement.
His sentencing hearing will take place on Oct. 28.
Copyright 2022 KCTV via Gray Media Group, Inc. All rights reserved.
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https://www.whsv.com/2022/09/14/ex-kansas-city-chiefs-coach-pleads-guilty-dwi-crash/
| 2022-09-14T10:20:34Z
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VANCOUVER, BC, Sept. 14, 2022 /PRNewswire/ - Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE: 11B) ("Augusta Gold" or the "Company") is pleased to announce that it has completed the remaining payment aggregating US$22,121,398 due to Waterton Nevada Splitter LLC for the Reward project under the previously announced purchase agreement (refer to the Company's news release dated April 21, 2022).
Donald Taylor President and CEO said, "Making the final payment for the Reward acquisition is a significant milestone as we move to completing our engineering studies for both Reward and Bullfrog with the goal of commencing production from the fully permitted Reward project in late 2023."
The Company also announces a loan (the "Loan") with a company (the "Lender") owned by the Company's Executive Chairman for US$22,232,561. The Loan bears interest at a rate of prime plus 3%, is for a maximum period of 12 months, and is secured by the Company's Bullfrog and Reward Projects. An origination fee of 0.5% of the amount of the Loan was paid to the Lender on closing.
The Reward Project is a fully permitted heap leach project with measured and indicated mineral resources of 426,700 oz gold grading 0.75 g/t gold and inferred mineral resources of 27,100 oz gold grading 0.68 g/t gold with sufficient water rights to commence construction and operations.
The mineral resource estimate in this news release is derived from the technical report titled, "Mineral Resource Estimate for the Reward Project, Nye County, Nevada, USA" with an effective date of May 31, 2022, prepared by Michael Dufresne and Timothy Scott, each of whom are qualified persons as defined in National Instrument 43-101 – Standards of Disclosure for Mineral Projects.
Augusta Gold is an exploration and development company focused on building a long-term business that delivers stakeholder value through developing the Reward and Bullfrog gold projects and pursing accretive M&A opportunities. The Reward and Bullfrog gold projects are located in the prolific Bullfrog mining district approximately 120 miles north-west of Las Vegas, Nevada and just outside of Beatty, Nevada. The Company is led by a management team and board of directors with a proven track record of success in financing and developing mining assets and delivering shareholder value. For more information, please visit www.augustagold.com.
Certain statements and information contained in this new release constitute "forward-looking statements", and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking statements"). These statements appear in a number of places in this new release and include statements regarding our intent, or the beliefs or current expectations of our officers and directors, including the Company's goal of pouring gold from the Reward Project in 2023. When used in this news release words such as "to be", "will", "planned", "expected", "potential", "anticipated" and similar expressions are intended to identify these forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements and/or information are reasonable, undue reliance should not be placed on forward-looking statements since the Company can give no assurance that such expectations will prove to be correct. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to vary materially from those anticipated in such forward-looking statements, including the risks, uncertainties and other factors identified in the Company's periodic filings with Canadian securities regulators and the United States Securities and Exchange Commission. Such forward-looking statements are based on various assumptions, including assumptions made with regard to the preparation of up to date economic studies, financing and an affirmative board construction decision. While the Company considers these assumptions to be reasonable, based on information currently available, they may prove to be incorrect. Except as required by applicable law, we assume no obligation to update or to publicly announce the results of any change to any forward-looking statement contained herein to reflect actual results, future events or developments, changes in assumptions or changes in other factors affecting the forward- looking statements. If we update any one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. You should not place undue importance on forward-looking statements and should not rely upon these statements as of any other date. All forward-looking statements contained in this news release are expressly qualified in their entirety by this cautionary statement.
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https://www.whsv.com/prnewswire/2022/09/14/augusta-gold-completes-final-payment-reward-project/
| 2022-09-14T10:20:40Z
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Despite rising interest rates, fall is the best season to buy for hopeful homebuyers when it comes to home prices, competition and inventory.
SANTA CLARA, Calif., Sept. 14, 2022 /PRNewswire/ -- As children return to school and the weather begins to cool, the off-season is offering up opportunities for hopeful homebuyers. Realtor.com analyzed the numbers in its fourth annual Best Time to Buy Report and found the best time to buy a home across the nation is the week of Sept. 25 to Oct. 1. This early-fall period will offer buyers a host of favorable factors, including more housing listings, less competition, and lower prices.
Those who buy during this week can expect:
- More than 6% of homes with reduced prices
- Savings of more than $20,000, on average, relative to the summer's peak price of $450,000
- Approximately 46% more homes to choose from vs. the average week to date
- Extra time to make buying decisions, with homes expected to stay on the market 15 days longer than during the summer's peak
- Less competition, as demand during the best week to buy is historically 26.9% lower than the yearly peak week and 8.5% lower than the average week
"After several years of an overheated housing market, higher mortgage rates are helping usher in more regular seasonal trends, which have pros and cons for home shoppers," said Danielle Hale, chief economist, Realtor.com®. "If you're flexible on your timing and can budget for higher rates, early fall can be a great time to secure a home, with a number of factors aligning to make it the best time of the year both in terms of price and competition. This is especially true for first-time buyers and others who are not trying to sell a home at the same time as their purchase."
Since 2018, Realtor.com® has analyzed home prices, inventory, listing views, and time on market, indicators that tend to follow regular seasonal patterns, to determine the best time to buy. Historically, the early fall has provided an ideal mix of market conditions, including substantial inventory, waning competition, below-peak prices, and a slowing purchase pace.
The benefits of buying during the "best week" include:
Reduced prices: Historically, an average of 5.2% of homes have price reductions during this period. As the market begins to stabilize after a frenzied couple of years, more than 6% of homes may have reduced prices during the best week in 2022. Nationally, this could translate into roughly 48,000 homes available at a decreased cost.
More listings: Although active listing inventory isn't back to pre-pandemic levels, it has increased year over year and year to date. There could be 780,000 listings during the best week, 46% more than this year's average to date.
Less competition: Fierce home buying competition has softened as mortgage rates rise. Historically, demand (as measured by views per property on Realtor.com®) during the best week to buy has been 26.9% lower than its July peak and 8.5% lower than the average week of the year.
More time to decide: Homes will stay on the market longer, giving buyers some breathing room to make purchase decisions. During the best time to buy, a typical home is expected to remain on the market for two weeks more than during peak market pace in May and one week more than the average time spent on the market to date.
Realtor.com analyzed six supply and demand metrics at a national and metropolitan level that follow seasonal patterns, using data for 2018-2021 period (2020 data was omitted due to anomalies caused by the pandemic). The metrics analyzed include: 1) listing prices, 2) inventory levels, 3) new "fresh" listings, 4) time on market, 5) homebuyer demand (realtor.com views per property) and 6) price reductions. Interest rates, which do not follow seasonal patterns, were not included. To account for 2022 market conditions, estimates reflect typical seasonal patterns layered on top of the most recent 2022 weekly data.
Each week of the year was scored from 0 to 100 based on the number of active listings. A given week scored highly if it had more listings compared to other weeks of the year. The other metrics were scored in the same way, such that each week had six different scores for active listings, new listings, listing prices, days on market, price reductions and views per property. (In the case of prices, lower prices score higher. Same with views per property).
Each week was then ranked by the average of those scores. The week with the highest composite score was considered the best time to buy. This week represents a balanced view of market conditions favorable for buyers.
Realtor.com® is an open real estate marketplace built for everyone. Realtor.com® pioneered the world of digital real estate more than 25 years ago. Today, through its website and mobile apps, Realtor.com® is a trusted guide for consumers, empowering more people to find their way home by breaking down barriers, helping them make the right connections, and creating confidence through expert insights and guidance. For professionals, Realtor.com® is a trusted partner for business growth, offering consumer connections and branding solutions that help them succeed in today's on-demand world. Realtor.com® is operated by News Corp [Nasdaq: NWS, NWSA] [ASX: NWS, NWSLV] subsidiary Move, Inc. For more information, visit Realtor.com®.
Media Contact
press@realtor.com
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| 2022-09-14T10:20:47Z
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- Revenues of $2,439 million, up 28% compared to the same period last year, a record performance for a single quarter in the Company's history;
- Normalized EBITDA [1] of $418 million, slightly higher compared to the same period last year and also representing a record performance for a single quarter;
- Retail sales increase on a percentage basis in the high single-digits and market share gains for SSV in North America despite limited product availability;
- Normalized diluted EPS [1][2] of $2.94, an increase of $0.05 per share or 2%, while diluted EPS of $2.94, an increase of $0.48 per share, or 20%, compared to the same period last year;
- Increasing full-year guidance for Revenues, Normalized EBITDA [1] and Normalized EPS – diluted [1] upward by $0.30, now ranging from $11.30 to $11.65.
- During its Club BRP 2023, the Company introduced three new Can-Am Off-Road youth ATVs and unveiled new PWC models and updates to its ORV products. It also introduced the fully redesigned Manitou, Alumacraft and Quintrex boats featuring the all-new Rotax outboard engine with Stealth Technology. The Company is also pushing forward with its EV plan and revealed two all-electric Can-Am motorcycle models and introduced the Sea-Doo Rise, a completely new electric hydrofoil board;
- Subsequent to the end of the second quarter, the Company completed the acquisition of 80% of the outstanding shares of Pinion GmbH, a leader in the design and manufacturing of mechanical gearboxes for traditional and electric bicycles. The Company also announced the signature of a definitive agreement with Kongsberg Automotive ASA for the acquisition of substantially all the assets related to the powersport business of Kongsberg Inc., a long-standing BRP supplier of electronic and mechatronic products;
- On August 8, 2022, the Company was the target of a cyberattack, impacting its operational and information technology systems. One week later, it announced that its production operations were progressively resuming.
VALCOURT, QC , Sept. 14, 2022 /PRNewswire/ - BRP Inc. (TSX: DOO) (NASDAQ: DOOO) today reported its financial results for the three- and six month periods ended July 31, 2022. All financial information is in Canadian dollars unless otherwise noted. The complete financial results are available on SEDAR and EDGAR, as well as in the section Quarterly Reports of BRP's website.
"We delivered record second quarter results while continuing to advance on our strategic initiatives. Our team's agility and resilience and the strength of our portfolio allowed us to continue to deliver robust performance in this unique operating environment," said José Boisjoli, President and CEO.
"As we are entering the second half of the year, demand for our products continues to be strong across our portfolio of products and markets. With current improvements in supply chain and our additional production capacity, we are in a favourable position to deliver an expected record second half of the year. Taking these factors into account and a stronger than expected second quarter, we are increasing our full-year guidance with an expected Normalized EPS of $11.30 to $11.65," concluded Mr. Boisjoli.
The FY23 guidance has been updated as follows:
The Company continues to expect another solid year with a Normalized EBITDA [3] increase ranging from 14% to 17% compared to the previous year. The Company anticipates that its Normalized EPS - Diluted [3] for the third quarter could be up over 50% compared to the third quarter of Fiscal 2022 as the Company intends to take advantage of an increase in planned production capacity towards the back half of the third quarter to accelerate the pace of product deliveries.
The Company experienced a high level of demand for its products and a continuing level of supply chain related disruptions and inefficiencies in an increasingly inflationary environment when compared to the second quarter of Fiscal 2022 and the first quarter of Fiscal 2023. As a result, this limited the Company's ability to satisfy consumer demand, most notably for PWC, and to replenish dealer inventories and in turn further limited product availability in the network compared to seasonal optimal levels. Such supply chain related disruptions also resulted in an increased level of substantially completed units awaiting missing components.
Despite these challenges, the Company optimized the shipment of missing components to its dealer network which resulted in a high conversion rate of substantially completed units available for retail and it revised its production schedule based on seasonality and component availability. The Company implemented strategic pricing initiatives aimed at reducing inflationary pressures, which nevertheless unfavourably impacted the Company's profitability. The higher revenues achieved for the second quarter and first half of Fiscal 2023 compared to Fiscal 2022 were further supported by strong SSV retail sales, demonstrating the continued consumer interest, and by the ramping up of the new Juarez-3 facility dedicated to SSV production.
Revenues increased by $534.7 million, or 28.1%, to $2,438.5 million for the three-month period ended July 31, 2022, compared to the $1,903.8 million for the corresponding period ended July 31, 2021. The increase was primarily due to a higher wholesale volume of SSV and 3WV sold due to strong retail demand, favourable pricing across all product lines and the introduction of the Sea-Doo pontoon. The increase was partially offset by a lower volume of PWC sold due to supply chain disruptions. The increase includes a favourable foreign exchange rate variation of $10 million.
- Year-Round Products [6] (56% of Q2-23 revenues): Revenues from Year-Round Products increased by $402.5 million, or 42.1%, to $1,358.1 million for the three-month period ended July 31, 2022, compared to $955.6 million for the corresponding period ended July 31, 2021. The increase was primarily attributable to a higher volume and favourable mix of SSV and 3WV sold and favourable pricing across all product lines. The increase includes a favourable foreign exchange rate variation of $14 million.
- Seasonal Products [6] (28% of Q2-23 revenues): Revenues from Seasonal Products increased by $116.7 million, or 20.3%, to $691.2 million for the three-month period ended July 31, 2022, compared to $574.5 million for the corresponding period ended July 31, 2021. The increase in revenues was primarily attributable to the introduction of the Sea-Doo pontoon and favourable pricing on PWC units sold, combined with a favourable mix of PWC. The increase was partially offset by an unfavourable foreign exchange rate variation of $7 million.
- Powersports PA&A and OEM Engines [6] (11% of Q2-23 revenues): Revenues from Powersports PA&A and OEM Engines increased by $8.8 million, or 3.5%, to $257.5 million for the three-month period ended July 31, 2022, compared to $248.7 million for the corresponding period ended July 31, 2021. The increase in revenues was mainly attributable to favourable pricing due to the strong retail environment, partially offset by lower volume of PA&A sold due to the lower volume of PWC units sold. The increase includes a favourable foreign exchange rate variation of $1 million.
- Marine [6] (5% of Q2-23 revenues): Revenues from the Marine segment increased by $10.7 million, or 8.3%, to $139.5 million for the three-month period ended July 31, 2022, compared to $128.8 million for the corresponding period ended July 31, 2021. The increase was primarily due to a favourable mix of boats sold and favourable pricing, partially offset by lower volume of boats sold due to supply chain disruptions. The increase includes a favourable foreign exchange rate variation of $2 million.
The Company's North American retail sales for powersports products decreased by 14% for the three-month period ended July 31, 2022 compared to the three-month period ended July 31, 2021. The decrease was mainly due to limited product availability driven by supply chain disruptions.
- Year-Round Products: retail sales decreased on a percentage basis in the low single-digits compared to the three-month period ended July 31, 2021. In comparison, the Year-Round Products industry recorded a decrease on a percentage basis in the high single-digits over the same period.
- Seasonal Products: retail sales decreased on a percentage basis in the high-twenties range compared to the three-month period ended July 31, 2021. In comparison, the Seasonal Products industry decreased on a percentage basis in the low-teens range over the same period.
- Marine: retail sales for Marine products decreased by 9% compared to the three-month period ended July 31, 2021 also as a result of lower product availability.
Gross profit increased by $32.6 million, or 5.7%, to $602.7 million for the three-month period ended July 31, 2022, compared to $570.1 million for the corresponding period ended July 31, 2021. Gross profit margin percentage decreased by 520 basis points to 24.7% from 29.9% for the three-month period ended July 31, 2021. The increase in gross profit was primarily due to a favourable volume of SSV and 3WV sold and favourable pricing across all product lines. The decrease in gross profit margin percentage was attributable to higher logistics, commodities and labour costs due to inefficiencies related to supply chain disruptions, partially offset by higher volume and favourable pricing.
Operating expenses increased by $25.2 million, or 10.9%, to $256.9 million for the three-month period ended July 31, 2022, compared to $231.7 million for the three-month period ended July 31, 2021. The increase was mainly attributable to an increase in research & development ("R&D") expense to support future growth and higher general and administrative expenses mainly for the modernization of the Company's software infrastructure to support future growth.
Normalized EBITDA [7] increased by $3.3 million, or 0.8%, to $418.3 million for the three-month period ended July 31, 2022, compared to $415.0 million for the three-month period ended July 31, 2021. The increase was primarily due to higher gross profit partially offset by higher operating expenses.
Net income increased by $24.8 million to $237.7 million for the three-month period ended July 31, 2022, compared to the $212.9 million for the three-month period ended July 31, 2021. The increase was primarily due to a lower income tax expense and a favourable foreign exchange rate variation impact on the U.S. denominated long-term debt, partially offset by net financing costs.
SIX-MONTH PERIOD ENDED JULY 31, 2022
Revenues increased by $535.4 million, or 14.4%, to $4,247.8 million for the six-month period ended July 31, 2022, compared to $3,712.4 million for the corresponding period ended July 31, 2021. The increase in revenue was primarily due to a higher volume of Year-Round and Seasonal Products mainly attributable to SSV sold and the introduction of Sea-Doo pontoons, as well as favourable pricing across all product lines. The increase was mostly offset by lower volume in PWC and ATV due to supply chain disruptions, and by an unfavourable foreign exchange rate variation of $17 million.
Normalized EBITDA[8] decreased by $103.6 million, or 13.0%, to $690.4 million for the six-month period ended July 31, 2022, compared to $794.0 million for the six-month period ended July 31, 2021. The decrease in normalized EBITDA [1] was primarily due to lower gross profit due to supply chain disruptions and higher operating expenses, mostly in R&D and general and administrative expenses.
Net income decreased by $98.6 million to $358.7 million for the six-month period ended July 31, 2022, compared to $457.3 million for the six-month period ended July 31, 2021. The decrease in net income was primarily due to lower operating income and the unfavourable foreign exchange rate variation impact on the U.S. denominated long-term debt, partially offset by a lower income tax expense and lower net financing costs.
The Company used net cash flows from operating activities totaling $1.0 million for the six-month period ended July 31, 2022 compared to net cash flows generated of $326.9 million for the six-month period ended July 31, 2021. Concurrently, there was an increase in revolving facilities totaling $237.4 million.
The Company invested $220 million of its liquidity in capital expenditures to add production capacity and modernize the Company's software infrastructure to support future growth. The Company also returned $331 million to its shareholders through quarterly dividend payouts and its Normal Course Issuer Bid and Substantial Issuer Bid programs.
On June 10, 2022, the Company added $400 million to its available commitment under its revolving credit facilities and increased availability to $1,500.0 million. The pricing grid and other conditions remained unchanged.
On September 13, 2022, the Company's Board of Directors declared a quarterly dividend of $0.16 per share for holders of its multiple voting shares and subordinate voting shares. The dividend will be paid on October 14, 2022 to shareholders of record at the close of business on September 30, 2022.
Today at 9 a.m. EDT, BRP Inc. will host a conference call and webcast to discuss its FY23 second quarter results. The call will be hosted by José Boisjoli, President and CEO, and Sébastien Martel, CFO. To listen to the conference call by phone (event number 2279047), please dial 1 (888) 440-2167 (toll-free in North America). Click here for International numbers.
The Company's second quarter FY23 webcast presentation is posted in the Quarterly Reports section of BRP's website.
[8] See "Non-IFRS Measures" section of the press release.
We are a global leader in the world of powersports products, propulsion systems and boats built on 80 years of ingenuity and intensive consumer focus. Our portfolio of industry-leading and distinctive products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Alumacraft and Quintrex boats, Manitou pontoons and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft. We complete our lines of products with a dedicated parts, accessories and apparel portfolio to fully enhance the riding experience. With annual sales of CA$7.6 billion from over 120 countries, our global workforce includes close to 20,000 driven, resourceful people.
Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Alumacraft, Manitou, Quintrex, and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.
Certain statements in this press release, including, but not limited to, statements relating to our Fiscal Year 2023, including financial guidance and outlook and related assumptions of the Company (including revenues, Normalized EBITDA, Effective Tax Rate, Normalized earnings per share, net income, depreciation expense, net financing costs adjusted, weighted average of the number of shares diluted and capital expenditures), the Company's ability to convert new entrants into life-long customers, statements relating to the anticipated additional production capacity, statements relating to the declaration and payment of dividends, statements about the Company's current and future plans, and other statements about the Company's prospects, expectations, anticipations, estimates and intentions, results, levels of activity, performance, objectives, targets, goals or achievements, priorities and strategies, financial position, market position, capabilities, competitive strengths, beliefs, the prospects and trends of the industries in which the Company operates, the expected growth in demand for products and services in the markets in which the Company competes, statements relating to the impact that the cybersecurity incident will have on its systems and operations, the Company's ability to mitigate financial consequences due to the cybersecurity incident, and its lack of impact on its financial-year end guidance updated on September 14, 2022, research and product development activities, including projected design, characteristics, capacity or performance of future products and their expected scheduled entry to market expected financial requirements and the availability of capital resources and liquidities or any other future events or developments and other statements that are not historical facts constitute forward-looking statements within the meaning of Canadian and United States securities laws. The words "may", "will", "would", "should", "could", "expects", "forecasts", "plans", "intends", "trends", "indications", "anticipates", "believes", "estimates", "outlook", "predicts", "projects", "likely" or "potential" or the negative or other variations of these words or other comparable words or phrases, are intended to identify forward-looking statements.
Forward-looking statements are presented for the purpose of assisting readers in understanding certain key elements of the Company's current objectives, goals, targets, strategic priorities, expectations and plans, and in obtaining a better understanding of the Company's business and anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes; readers should not place undue reliance on forward-looking statements contained herein. Forward-looking statements, by their very nature, involve inherent risks and uncertainties and are based on a number of assumptions, both general and specific, as further described below.
Many factors could cause the Company's actual results, level of activity, performance or achievements or future events or developments to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, the following factors, which are discussed in greater detail under the heading "Risk Factors" of its Annual Information Form dated March 24, 2022: the impact of adverse economic conditions such as those resulting from the ongoing coronavirus (known as COVID-19) health crisis (including on consumer spending, the Company's operations and supply and distribution chains, the availability of credit and the Company's workforce); any decline in social acceptability of the Company's products; fluctuations in foreign currency exchange rates; high levels of indebtedness; any unavailability of additional capital; any supply problems, termination or interruption of supply arrangements or increases in the cost of materials; any loss of members of the Company's management team or employees who possess specialized market knowledge and technical skills; unfavourable weather conditions and climate change more generally; any failure of information technology systems or security breach; the Company's international sales and operations; seasonal sales fluctuations; any inability to comply with product safety, health, environmental and noise pollution laws; the Company's large fixed cost base; any inability of dealers and distributors to secure adequate access to capital; the Company's competition in product lines; the Company's inability to successfully execute its growth strategy; any failure to maintain an effective system of internal control over financial reporting and to produce accurate and timely financial statements; any inability to maintain and enhance the Company's reputation and brands; any significant product liability claim; any significant product repair and/or replacement due to product warranty claims or product recalls; the Company's reliance on a network of independent dealers and distributors; the Company's inability to successfully manage inventory levels; any intellectual property infringement and litigation; the Company's inability to successfully execute its manufacturing strategy or to meet customer demand as a result of manufacturing capacity constraints; increased freight and shipping costs or disruptions in transportation and shipping infrastructure; any failure to comply with covenants in financing and other material agreements; any changes in tax laws and unanticipated tax liabilities; any impairment in the carrying value of goodwill and trademarks; any deterioration in relationships with employees; pension plan liabilities; natural disasters; any failure to carry proper insurance coverage; volatility in the market price for the Subordinate Voting Shares; the Company's conduct of business through subsidiaries; the significant influence of Beaudier Inc., 4338618 Canada Inc. and Bain Capital Integral Investors II, L.P.; and future sales of Subordinate Voting Shares by Beaudier Group, Bain Capital, directors, officers or senior management of the Company. These factors are not intended to represent a complete list of the factors that could affect the Company; however, these factors should be considered carefully. Unless otherwise stated, the forward-looking statements contained in this press release are made as of the date of this press release and the Company has no intention and undertakes no obligation to update or revise any forward-looking statements to reflect future events, changes in circumstances, or changes in beliefs, unless required by applicable securities regulations. In the event that the Company does update any forward-looking statements contained in this press release, no inference should be made that the Company will make additional updates with respect to that statement, related matters or any other forward-looking statement. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
The Company made a number of economic, market and operational assumptions in preparing and making certain forward-looking statements contained in this press release, including the following: reasonable industry growth ranging from slightly down to up high-single digits, that is based on the assumption that the supply chain disruptions do not worsen; market share that will remain constant or moderately increase; stable global and North American economic conditions and a limited impact from the military hostilities in Ukraine and the ongoing global health crisis; main currencies in which the Company operates will remain at near current levels; inflation is expected to remain elevated from strong demand, supply shortages and high energy prices, and is expected to gradually decline as central banks gradually increase interest rates; there will be no significant changes in tax laws or free trade arrangements or treaties applicable to the Company; the Company's current margins, will remain at current or improved levels; the supply base will remain able to support product development and planned production rates on commercially acceptable terms in a timely manner; the cybersecurity incident and its consequences will be adequately contained and will have limited impact on the planned wholesale; no new trade barriers will be imposed amongst jurisdictions in which the Company carries operations; the absence of unusually adverse weather conditions, especially in peak seasons. BRP cautions that its assumptions may not materialize and that current economic conditions may render such assumptions, although believed reasonable at the time they were made, subject to greater uncertainty.
This press release makes reference to certain non-IFRS measures. These measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS and are therefore unlikely to be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement those IFRS measures by providing further understanding of the Company's results of operations from management's perspective. Accordingly, they should not be considered in isolation nor as a substitute for analysis of the Company's financial information reported under IFRS. The Company uses non-IFRS measures including the following:
The Company believes non-IFRS measures are important supplemental measures of financial performance because they eliminate items that have less bearing on the Company's financial performance and thus highlight trends in its core business that may not otherwise be apparent when relying solely on IFRS measures. The Company also believes that securities analysts, investors and other interested parties frequently use non-IFRS measures in the evaluation of companies, many of which present similar metrics when reporting their results. Management also uses the aforementioned non-IFRS measures in order to facilitate financial performance comparisons from period to period, prepare annual operating budgets, assess the Company's ability to meet its future debt service, capital expenditure and working capital requirements and also as a component in the determination of the short-term incentive compensation for the Company's employees. Because other companies may calculate these non-IFRS measures differently than the Company does, these metrics are not comparable to similarly titled measures reported by other companies.
The Company refers the reader to the table below for the reconciliations of the non-IFRS measures presented by the Company to the most directly comparable IFRS measure.
The following tables present the reconciliation of Non-IFRS measures compared to respective IFRS measures:
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| 2022-09-14T10:20:53Z
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RENO, Nev., Sept. 14, 2022 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE: IAUX) ("i-80", or the "Company") is honored to announce that the Company is the recipient of two Mine Operator Safety Awards by the Nevada Mining Association ("NVMA") as well as two Individual Awards.
Awards are given to the top mines in designated categories based on their safety rate, which is calculated through a formula that factors the number of employees on site, number of hours worked, penalties for lost‑time accidents, number of reportable incidents, and lost-time days.
Lone Tree and Ruby Hill both received the Small Surface Operator Safety Award. Each mine site hosted a celebratory lunch to thank our employees for their ongoing dedication to safety.
The Nevada Mining Association also recognizes individuals and mine operators that exemplify the industry's dedication to workplace safety as a part of its annual Safety Awards.
Cammie Holland, Lone Tree Lab Superintendent, received the Supervisor Safety Award and Dillion Pollock, Ruby Hill Electrician, received the Safety Champion Award. 37 individuals were recognized at an awards luncheon on September 10, 2022, at the NVMA Convention in Lake Tahoe.
"In creation of i-80 Gold we brought together a collection of high-quality assets, and these assets have come with an exceptional team of dedicated professionals. This is evident with the Nevada Mining Association's recognition of two properties and two individuals as 2022 Safety Award recipients. Thank you to everyone at i-80 Gold for your exceptional performance in Health and Safety leadership." Stated Matthew Gili, President & COO of i-80 Gold Corp.
i-80 Gold Corp. is a well-financed, Nevada-focused, mining company with a goal of achieving mid-tier gold producer status through the development of multiple deposits within the Company's advanced-stage property portfolio with processing at i-80's centralized milling facility that includes an autoclave.
Certain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company, its projects, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. These statements reflect the Company's current expectations regarding future events, performance and results and speak only as of the date of this release.
Forward-looking statements and information involve significant risks and uncertainties, should not be read as guarantees of future performance or results and will not necessarily be accurate indicators of whether or not such results will be achieved. A number of factors could cause actual results to differ materially from the results discussed in the forward-looking statements or information, including, but not limited to, the factors discussed below and elsewhere in this release, as well as unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations.
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| 2022-09-14T10:20:59Z
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New data suggests that ≥60% viewability pre-bid segments are marketers' sweet spot to maximize conversions
NEW YORK, Sept. 14, 2022 /PRNewswire/ -- Integral Ad Science (Nasdaq: IAS), a global leader in digital media quality, today released the 17th edition of its Media Quality Report (MQR). Analyzing billions of global data events between January 1, 2022, and June 30, 2022, the report provides insights into the performance and quality of digital media worldwide. The results empower ad buyers and sellers with the preeminent industry benchmarks to measure campaign and inventory quality into the next year and beyond.
"Digital media is progressing at an unprecedented rate, and the past several years of unpredictability have altered digital trends," said Yannis Dosios, Global Chief Commercial Officer (CCO) at IAS. "The latest edition of the MQR demonstrates IAS's ability to observe global media quality developments in real-time. Through this research we have gleaned key insights into optimal viewability thresholds, recorded an impressive uptick in video ad completion, and gathered data emphasizing the benefit of optimizing campaigns against fraud. By building trust and transparency for the world's leading brands, publishers, and platforms the MQR continues to help drive actionable next steps and real-world business outcomes."
Several noteworthy trends emerged in the first half of 2022:
Viewability remains the top key performance indicator for understanding, activating, and setting custom standards for ad campaigns across all digital environments. Viewability rates have skyrocketed worldwide in several formats. Remarkably, video ads in mobile web environments surpassed 80% viewability rates in the first half of 2022, while mobile web display ads saw the lowest rates with an average of less than 70% viewability.
Yet the latest MQR, backed by findings from IAS's Insights As A Service (IAAS) team, suggests the achievement of 100% viewability is not the optimal way for marketers to measure success. Targeting higher viewability with pre-bid segments may lead to increased quality impressions, but the report found that marketers pushing for total viewability KPIs can risk compromising scale and elevate cost, thus reducing ROI.
Data showed that reach was highest for pre-bid segments targeting viewability rates between 40%-50%. There was a significant 41% drop in reach for pre-bid segment optimization when viewability targets were set to 70% or higher.
There were limited reductions in reach with trivial CPC increases when viewability targets were set at greater than or equal to 60%, meaning ≥60% viewability pre-bid segments are the most effective way to optimize viewability, keep cost-per-conversion numbers competitive, and effectively boost scale.
Both desktop video and mobile web video saw completion rates increase worldwide when compared to H1 2021, while drop-off rates decreased across both environments. In particular, ad completion rates for mobile web improved twice as much in absolute annual terms when compared to desktop. More than 80% of desktop ads were watched in full worldwide in H1 2022, while that number holds at nearly 74% worldwide for mobile web video ads for the same period.
In the U.S., desktop video ads hit nearly 93% completion through the first quartile, trailing behind Australia, Spain, Italy, and the U.K; while mobile web video surpassed 90% in the U.S. in the first quartile, following Italy, Australia, Canada, and the U.K.
Meanwhile, the average time-in-view for display campaigns continued a long-term downward trajectory, dropping in every environment. The diverging trends in both formats may be indicative of the crucial role video ads increasingly play for advertisers, delivering on the promise of greater engagement over display. Consumers are watching more complete video assets from start to finish than ever before.
The first half of 2022 saw invalid traffic (IVT) increase across all formats and environments. Optimized against ad-fraud (with anti-fraud protection) averages rose worldwide between 0.1 and 0.4 percentage points annually. Campaigns without anti-fraud protection saw fraud rates increase 10-times faster, with a 1.0 percentage point jump for desktop video and a 3.8 percentage point increase for desktop display.
The data from the report found that fraudsters are increasingly active, particularly in lucrative advertising markets with valuable inventory (i.e., high CPMs) and lofty ad spending levels. The impact of ad fraud has been limited on campaigns where protection is present, but campaigns running without anti-fraud protection opened up new opportunities for nefarious actors to increase their fraud efforts.
With third-party cookies being phased out and legislation putting up barriers to target audiences, marketers will have to look for new and better ways to connect with customers without jeopardizing their privacy. The latest MQR predicts that methods such as contextual targeting will be the most privacy-friendly and effective method for advertisers to reach the right audience at the right time to drive desired outcomes.
By using trillions of data points and sophisticated pre-assigned categories to display ads based on a website's content, as opposed to more intrusive methods, marketers can dig into key insights and still create campaigns that resonate with preferred audiences.
Integral Ad Science (IAS) is a global leader in digital media quality. IAS makes every impression count, ensuring that ads are viewable by real people, in safe and suitable environments, activating contextual targeting, and driving supply path optimization. Our mission is to be the global benchmark for trust and transparency in digital media quality for the world's leading brands, publishers, and platforms. We do this through data-driven technologies with actionable real-time signals and insight. Founded in 2009 and headquartered in New York, IAS works with thousands of top advertisers and premium publishers worldwide. For more information, visit integralads.com.
Media Contact:
press@integralads.com
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| 2022-09-14T10:21:05Z
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Delivering 10X More Key Storage, 3X Greater Transaction Processing Performance for Improved Total Cost of Ownership
SANTA CLARA, Calif., Sept. 14, 2022 /PRNewswire/ -- Marvell (NASDAQ: MRVL) today unveiled its LiquidSecurity 2 (LS2) hardware security module (HSM) adapter, the industry's most advanced solution for enabling encryption, key management, authentication and other HSM services in the cloud. LS2 is a converged security platform for payment, privacy compliance, and general purpose applications, and is powered by a cloud-optimized Marvell OCTEON® data processing unit (DPU), proven at scale across the world's largest hyperscale clouds. The new Marvell HSM adapter offers the industry's highest performing cryptographic acceleration and processing, including hardware-secured storage of up to one million keys for AES, RSA and ECC encryption algorithms, and 45 partitions for robust multi-tenant use cases.
As enterprises migrate from on-premises to private- or multi-cloud environments, the industry-leading Marvell LiquidSecurity platform empowers cloud service providers and large enterprises to create HSM-as-a-service clouds. Marvell's HSM adapters have the latest FIPS-certified security boundary, designed for the most demanding applications deployed at cloud-scale while offering best-in-class cost, performance and energy efficiency for both public and private clouds.
"Today, LiquidSecurity empowers the world's largest clouds to build HSM-as-a-service, with unprecedented performance, securing billions of transactions per month," said Raghib Hussain, President of Products and Technologies at Marvell. "The new LS2 will improve the performance and economics for hyperscalers while expanding the total available market by making it easier for enterprises and governments to secure their applications in public, private and hybrid clouds. The global datasphere will be a more secure place when all encryption keys are stored in hardware."
Marvell has been leading the effort to transform HSMs into cloud-based devices since 2015. HSMs are the backbone for performing key management, cryptographic functions and authentication for banks, ATM networks, media companies and other service providers. In the U.S. alone, the value of credit and debit card transactions is expected to rise from $8 trillion to $12.9 trillion by 2025. Virtually all of the 468 billion plus credit card transactions that occur annually around the world rely on HSMs. Most HSMs, however, are on-premises devices managed by an in-house team of experts or third-party support organizations. Training, deployment and ongoing management of encryption systems also remain critical barriers to broader adoption of on-premise HSM-based encryption across enterprises.
Marvell's LiquidSecurity product line leverages the performance of the company's cloud-optimized OCTEON® DPU family. Combining leading technologies with Marvell's expertise in software and systems development, the company delivers HSM functionality in a PCIe card, helping users to reduce the cost, rack space, and overhead inherent in traditional HSMs, while simultaneously increasing performance to maximize the flexibility and use cases. This enables cloud and SaaS providers to deploy HSMs to deliver new services or enhance existing ones at a lower total cost of ownership (TCO) than any other alternative. Instead of buying and managing private, on-prem HSMs, more retailers, banks and other organizations can move up to the highest level of security by procuring HSM services on a pay-as-you-go basis.
Today, LS2 hardware can be certified and updated in the field to support new algorithms and variants, such as post-quantum cryptography, providing cryptographic agility and future-proofing the HSM against new vulnerabilities. Key capabilities of the Marvell LS2 HSM include:
- Highest-Performance: Up to 100,000 ECC operations per second
- Scalability and Flexibility: Up to 1 million keys and 45 partitions
- Lowest TCO: Lowest cost per key stored, per partition (performance per dollar and performance per watt)
- Comprehensive SDK: API-first design for greater flexibility and rapid deployment
- Multiple Models, Form Factors and Capabilities: Supports a wide range of use cases across market verticals and multi-cloud deployments
- Extensive Compliance Roadmap: FIPS 140-31, CC, eIDAS, PCI PTS HSM 4.0
- Reliability: High availability, load balancing, and fault tolerance
"HSM-as-a-service will play an important role in the cloud-based economy," said Michela Menting, Digital Security Research Director at ABI Research. "Marvell is at the forefront of enhancing the HSM experience for customers and owners by championing a converged, cloud-adapted solution that is expanding the usefulness and pervasiveness of encryption services. The development of cloud-based HSMs will be one of security's more impactful trends in the years to come."
For more information, visit the LiquidSecurity 2 HSM solutions page.
1Pending/anticipated certification.
To deliver the data infrastructure technology that connects the world, we're building solutions on the most powerful foundation: our partnerships with our customers. Trusted by the world's leading technology companies for over 25 years, we move, store, process and secure the world's data with semiconductor solutions designed for our customers' current needs and future ambitions. Through a process of deep collaboration and transparency, we're ultimately changing the way tomorrow's enterprise, cloud, automotive, and carrier architectures transform—for the better.
Marvell and the M logo are trademarks of Marvell or its affiliates. Please visit www.marvell.com for a complete list of Marvell trademarks. Other names and brands may be claimed as the property of others.
For more information, contact:
Kim Markle
pr@marvell.com
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| 2022-09-14T10:21:12Z
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- Construction of next-generation marine-life theme park, SeaWorld® Abu Dhabi is 85% complete
- The research and rescue center planned to open this year
- The One Ocean Realm will include a 360° immersive media experience
ABU DHABI, United Arab Emirates, Sept. 14, 2022 /PRNewswire/ -- Miral, Abu Dhabi's leading creator of immersive destinations and experiences, in partnership with SeaWorld Parks & Entertainment, announced it has reached 85% construction completion of the next-generation marine-life theme park, SeaWorld Abu Dhabi, Yas Island's latest mega-development. The development, which is due to open in 2023 as the latest addition to Yas Island's tourism offering, includes the UAE's first dedicated marine research, rescue, rehabilitation and return center.
To be located next to the marine-life theme park, the research and rescue center will open this year. It will support regional and global conservation efforts, providing an advanced knowledge hub with a focus on indigenous Arabian Gulf and marine life ecosystems. The center will be led by world-class marine scientists, veterinarians, animal care professionals, rescue experts and educators, who will collaborate with peers, environmental organizations, regulators and academic institutions to impact long-term conservation efforts in the region. The rescue team will also be available to support the authorities 24/7.
Built on five indoor levels with a total area of approximately 183,000sqm, the marine-life theme park is in the final stages of construction completion of the interior themed guest environments, habitats, rides, and immersive experiences. Utilizing SeaWorld's vast experience operating world-class marine-life theme parks for over 55 years, the purpose-built habitats and ecosystems for the animals that will call SeaWorld Abu Dhabi home have been designed and built using the latest technologies, aiming to provide the residents a dynamic environment that replicates their natural habitat.
The marine-life theme park, set to be home to the region's largest and most expansive multi-species marine-life aquarium, will feature a myriad of immersive experiences and interactive exhibits, inviting guests from around the world to broaden their knowledge and appreciation of marine-life, while educating and inspiring. The central "One Ocean" realm of SeaWorld Abu Dhabi links six distinct marine environments throughout the park, all of which tell a unified story based on the interconnectivity of all life on earth and in our ocean. Within the central hub, guests will encounter fascinating ocean stories presented in an expansive 360º fully immersive media experience, transporting them from one fascinating place to another, while they encounter much of the ocean's diverse marine-life, learning how the One Ocean current impacts us all.
Commenting on this milestone, HE Mohamed Khalifa Al Mubarak, Chairman of Miral said: "Abu Dhabi and the UAE has delivered longstanding marine conservation, and SeaWorld Abu Dhabi signifies the start of a new chapter in regional and global marine life knowledge, conservation, and sustainability. Our partnership with SeaWorld Parks & Entertainment to bring this next-generation marine-life theme park to the capital will help further position Abu Dhabi as a global tourism hub and contribute to its economic growth and diversification vision."
Scott Ross, Chairman, SeaWorld Parks & Entertainment, "On behalf of the Board of Directors of SeaWorld, I'd like to thank Miral for their partnership as we work together to bring SeaWorld to Yas Island. We are honored for the unique opportunity to be a part of Abu Dhabi's innovative vision for economic diversification and growth as well as the Emirate's commitment to marine-life conservation. SeaWorld brings a legacy of inspiring love and conservation for the ocean and marine animals, and we cannot be more excited to extend our global conservation network and mission to protect marine animals and their habitats in the sea and gulfs surrounding the UAE. We look forward to celebrating the UAE's history and deep-rooted connection to the ocean through the many incredible and immersive experiences at SeaWorld Abu Dhabi."
Mohammed Abdalla Al Zaabi, Chief Executive Officer, Miral added, "We are proud to mark this significant milestone in the development of SeaWorld Abu Dhabi, in partnership with SeaWorld Parks & Entertainment, leveraging its legacy of marine animal rescue and rehabilitation. This is an important and transformational addition to Yas Island's immersive experiences, which is yet another testament to achieving our vision for the island, positioning it as a top global destination."
Marc Swanson, CEO of SeaWorld Parks & Entertainment, said: "It is a privilege to partner with Abu Dhabi's leading creator of experiences Miral as we bring to life another extraordinary SeaWorld experience for guests with our first marine-life theme park in over 30 years and our first outside the USA. SeaWorld's nearly six decades of caring for such a vast array of marine animals is what makes this possible and what enables us to introduce another first for the UAE region – a marine animal research and rescue center for the UAE. We are excited to witness the impact that these endeavours will have on inspiring the next generation of marine animal conservationists across the UAE and advancing the causes of research, rescue, and conservation worldwide."
SeaWorld Abu Dhabi is anticipated to contain more than 58 million litres of water and be home to more than 150 species of marine animals including sharks, schools of fish, manta rays, sea turtles, reptiles, amphibians, and invertebrates in addition to hundreds of birds including penguins, puffins, murres, flamingos and more. The park's animals will be cared for by an expert and experienced team of dedicated zoologists, veterinarians, nutritionists, and animal specialists who share a passion and commitment to maintaining the health and wellbeing of the animals in their care.
SeaWorld Abu Dhabi will further support Miral's vision to position Yas Island as a top global destination and a great addition to the island's unique portfolio of attractions and experiences. The next-generation marine-life park is scheduled for completion in late 2022 and is set to become Yas Island's next mega attraction.
Contact:
Alaaeddin Aburamadan
+971 (0) 4 3304030
Alaaeddin.Aburamadan@ipn.ae
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| 2022-09-14T10:21:18Z
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American Lung Association releases comprehensive literature review to explore the impacts of combustion in homes
WASHINGTON, Sept. 14, 2022 /PRNewswire/ -- About 66% of U.S. residences burn methane gas (also known as natural gas), wood, propane, heating oil or other fuel for heating, drying clothes and cooking food. The use of these fuels in homes releases pollutants that impact residents' health, according to "Health Impacts of Combustion in Homes," a comprehensive literature review released today by the American Lung Association.
The new report explores the health and environmental impacts of indoor residential combustion, which includes gas appliances, woodburning stoves and fireplaces.
"We spend a significant amount of time at home, so our indoor air quality can have a dramatic impact on our health," said Harold Wimmer, President and CEO of the American Lung Association. "After a comprehensive literature review, our research found that the household use of methane gas, wood, propane and heating oil impacts indoor air quality, health, and drives climate change through the emission of compounds such as carbon monoxide, nitrogen oxides, particulate matter, formaldehyde and others."
Here are some key findings of the report:
- Appliances using combustion to create energy can increase asthma symptoms in children and other vulnerable populations. Studies show consistent associations between higher pollution levels and detrimental respiratory effects in children, including worse lung function for children with asthma.
- Indoor exposure to emissions from cooking on gas stoves can worsen asthma symptoms, cause wheezing, and result in reduced lung function in children, particularly in the absence of ventilation and for children living with asthma or allergies.
- Wood-burning stoves used for heating create sharp increases in indoor levels of particle pollution. Emissions from wood smoke can cause coughing, wheezing, asthma attacks, heart attacks, lung cancer, and premature death, among other health effects. In fact, indoor wood burning is responsible for up to 90% of local particulate matter pollution in smaller and rural communities.
- Using fuel-burning appliances at home also impacts the environment. The report showed that residential and commercial emissions made up 13% of total U.S. global warming emissions in 2020. Petroleum-based fuels, including natural gas, propane, fuel oil and kerosene are the primary driver of these emissions.
The report found that individuals can take simple steps to protect themselves and their families from combustion-related indoor air pollution, including ensuring they have a carbon monoxide monitor, using ventilation, including their stove's range hood and not burning wood in their home. The Lung Association urges lawmakers and federal agencies to prioritize research on the health impacts of exposure to indoor air pollution, as well as enact new regulations and safety standards for common indoor air pollutants.
Read the full "Health Impacts of Combustion in Homes" literature review at Lung.org/Residential-Combustion.
The American Lung Association is the leading organization working to save lives by improving lung health and preventing lung disease through education, advocacy and research. The work of the American Lung Association is focused on four strategic imperatives: to defeat lung cancer; to champion clean air for all; to improve the quality of life for those with lung disease and their families; and to create a tobacco-free future. For more information about the American Lung Association, which has a 4-star rating from Charity Navigator and is a Gold-Level GuideStar Member, or to support the work it does, call 1-800-LUNGUSA (1-800-586-4872) or visit: Lung.org
American Lung Association • 55 W. Wacker Drive, Suite 1150 • Chicago, IL 60601
1331 Pennsylvania Ave. NW, Ste. 1425 North • Washington, D.C. 20004
1-800-LUNGUSA (1-800-586-4872) Lung.org
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| 2022-09-14T10:21:24Z
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Survey respondents report backlogs larger than 100,000 vulnerabilities that contain critical risks
but are too time-consuming to address properly.
BE'ER SHEVA, Israel, Sept. 14, 2022 /PRNewswire/ -- Rezilion, an automated vulnerability management platform accelerating software security, and Ponemon Institute announced today the release of "The State of Vulnerability Management in DevSecOps," which reveals that organizations are losing thousands of hours in time and productivity dealing with a massive backlog of vulnerabilities that they have neither the time or resources to tackle effectively.
The report highlights 47% of security leaders report that they have a backlog of applications that have been identified as vulnerable. More than half (66%) say their backlog consists of more than 100,000 vulnerabilities and the average number of vulnerabilities in backlogs overall is a mind-boggling 1.1 million, according to the data. Even more concerning, 54% say they were able to patch less than 50% of the vulnerabilities in the backlog. Most respondents (78%) say high-risk vulnerabilities in their environment take longer than 3 weeks to patch, with the largest percentage (29%) noting it takes them longer than 5 weeks to patch.
"We believe the research shines the light on the challenges organizations face in managing their growing backlog of vulnerabilities," said Dr. Larry Ponemon, chairman and founder of Ponemon Institute. "On average, 1.1 million individual vulnerabilities were in this backlog in the past 12 months and less than half were remediated. Automation, according to the IT security professionals participating in our study, can make a significant difference in the time it takes to remediate vulnerabilities."
Among the factors that keep teams from remediating are an inability to prioritize what needs to be fixed (47%), a lack of effective tools (43%), a lack of resources (38%), and not enough information about risks that would exploit vulnerabilities (45%). More than a quarter (28%) also said remediation is too time-consuming.
Expensive and time-consuming hours are lost trying to wrangle massive backlogs on both the production and development side of software applications. The survey finds 77% of respondents say it takes longer than 21 minutes to detect, prioritize, and remediate just one vulnerability in production. This represents more than an hour of time spent on one vulnerability on the production side.
On the development side, more than 80% of organizations spend longer than 16 minutes to detect one vulnerability in development. Prioritization and remediation times are also long as 82% of respondents say it takes longer than 21 minutes to remediate one vulnerability in development and 85% say it takes longer than 16 minutes to prioritize one vulnerability in development.
"This is a significant loss of time and dollars spent just trying to get through the massive vulnerability backlogs that organizations' possess," said Liran Tancman, CEO of Rezilion, which sponsored the research. "If you have more than 100,000 vulnerabilities in a backlog, and consider the number of minutes that are spent manually detecting, prioritizing, and remediating these vulnerabilities, that represents thousands of hours spent on vulnerability backlog management each year. These numbers make it clear that it is impossible to effectively manage a backlog without the proper tools to automate detection, prioritization, and remediation."
Overall, a majority of respondents say it is either very difficult (36%) or difficult (25%) to remediate vulnerabilities in applications. There are some tools and strategies that businesses are relying on with success to move the needle on backlog management. For example, a majority (56%) said they use automation for vulnerability remediation and, of those who do, most say it has yielded significant benefits. When asked how automation has impacted the time it takes to remediate vulnerabilities, 43% said there was a significantly shorter time to respond.
"We now have the data to track how much time vulnerabilities are stealing from teams across the Software Development Life Cycle (SDLC) and we know that it is a process that is not working effectively," said Tancman. "Backlogs cannot continue to be closed in this manner because it extends the attack window for threat actors to exploit unpatched, exploitable vulnerabilities. Security teams and developers clearly need prioritization and automation to make their patching efforts more timely and efficient."
Methodology:
A sampling frame of 16,510 IT and IT security practitioners who are knowledgeable about their organizations' attack surface and effectiveness in managing vulnerabilities were selected as participants to this survey. Ponemon Institute surveyed 634 IT and IT security practitioners who are knowledgeable about their organizations' attack surface and effectiveness in managing vulnerabilities. All organizations have adopted DevSecOps or are in the process of adopting a DevSecOps approach.
To download the full report please visit: https://www.rezilion.com/lp/its-about-time-ponemon-survey/.
About Rezilion:
Rezilion's platform quickly and seamlessly tackles your vulnerability backlog with automation. The platform's continuous runtime analysis detects vulnerable software components on any layer of the software stack and determines their exploitability, filtering out up to 95% of identified vulnerabilities. Rezilion then automatically mitigates exploitable vulnerabilities across the SDLC, reducing vulnerability backlogs and remediation timelines from months to hours, while giving DevOps teams time back to build.
Learn more about Rezilion's software attack surface management platform at www.rezilion.com to get a 30-day free trial.
Media Contact:
Danielle Ostrovsky
Hi-Touch PR
410-302-9459
ostrovksy@hi-touchpr.com
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| 2022-09-14T10:21:30Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Abbott Laboratories.
Shareholders who purchased shares of ABT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of all persons or entities who purchased or otherwise acquired shares of Abbott common stock during the period from February 19, 2021, to June 8, 2022, inclusive.
ALLEGATIONS: According to the filed complaint, defendants touted the strength of Abbott's infant formula brands and their contribution to the Company's sales and revenue growth, despite knowing that the facility that manufactured those products was in flagrant violations of United States Food and Drug Administration ("FDA") health, safety, and manufacturing regulations. The complaint further alleges that defendants willfully or recklessly concealed these violations from investors, even though the violations put Abbott's infant formula business in dire jeopardy and left the Company exposed to a risk of severe regulatory action, including the recall of its products and closure of the Sturgis facility. Indeed, according to the complaint, defendants received direct warnings, communications, FDA inspection reports, and consumer complaints identifying in detail the safety and regulatory violations that were rampant at the Sturgis facility.
DEADLINE: October 31, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/abbott-laboratories-loss-submission-form/?id=31659&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of ABT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 31, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm
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https://www.whsv.com/prnewswire/2022/09/14/shareholder-alert-gross-law-firm-notifies-shareholders-abbott-laboratories-class-action-lawsuit-lead-plaintiff-deadline-october-31-2022-nyse-abt/
| 2022-09-14T10:21:37Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Enochian BioSciences, Inc..
Shareholders who purchased shares of ENOB during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: January 17, 2018 to June 27, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company's co-founder and inventor Serhat Gumrukcu was engaged in a variety of frauds; (2) Gumrukcu was not a licensed doctor anywhere in the world; (4) as a result of the foregoing, Gumrukcu's purported contributions to the Company lacked a reasonable basis; (5) as a result of the foregoing, the Company had overstated its commercial prospects; (6) Gumrukcu had improperly diverted approximately $20 million from Enochian to entities he owned; and (7) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: September 26, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/enochian-biosciences-inc-loss-submission-form/?id=31644&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of ENOB during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is September 26, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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| 2022-09-14T10:21:47Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Kohl's Corporation.
Shareholders who purchased shares of KSS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: October 20, 2020 to May 19, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Kohl's new strategic framework to "drive top-line growth," "expand operating margin," and become "the most trusted retailer of choice for the active and casual lifestyle" (the "Strategic Plan") was not well tailored to achieving the Company's stated goals; (ii) the defendants had likewise overstated the Company's success in executing its Strategic Plan; (iii) Kohl's had deficient disclosure controls and procedures, internal control over financial reporting, and corporate governance mechanisms; (iv) as a result, the Company's board of directors was able to and did withhold material information from shareholders about the state of Kohl's in the lead-up to the Company's annual meeting; (v) all the foregoing, once revealed, was likely to have a material negative impact on Kohl's financial condition and reputation; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: November 1, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/kohls-corporation-lawsuit-submission-form/?id=31660&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of KSS during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is November 1, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.whsv.com/prnewswire/2022/09/14/shareholder-alert-gross-law-firm-notifies-shareholders-kohls-corporation-class-action-lawsuit-lead-plaintiff-deadline-november-1-2022-nyse-kss/
| 2022-09-14T10:21:54Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ --The Gross Law Firm issues the following notice to shareholders of Latch, Inc. f/k/a TS Innovation Acquisitions Corp..
Shareholders who purchased shares of LTCH during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/latch-inc-f-k-a-ts-innovation-acquisitions-corp-loss-submission-form/?id=31656&from=4
CLASS PERIOD: May 13, 2021 to August 25, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) there were unreported sales arrangements related to hardware devices; (2) as a result, the Company had improperly recognized revenue throughout fiscal 2021 and first quarter 2022; (3) there were material weaknesses in Latch's internal control over financial reporting related to revenue recognition; (4) as a result of the foregoing, Latch would restate financial statements for fiscal 2021 and first quarter 2022; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: October 31, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/latch-inc-f-k-a-ts-innovation-acquisitions-corp-loss-submission-form/?id=31656&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of LTCH during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 31, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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| 2022-09-14T10:22:00Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Medtronic plc.
Shareholders who purchased shares of MDT during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/medtronic-plc-loss-submission-form/?id=31662&from=4
CLASS PERIOD: This lawsuit is on behalf of persons and entities who purchased or otherwise acquired Medtronic common stock between June 8, 2019, and May 25, 2022, inclusive.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Medtronic's product quality control systems were inadequate; (2) Medtronic had failed to comply with numerous regulations regarding risk assessment, corrective and preventive action, complaint handling, device recalls, and reporting of adverse events; (3) these failures increased the risk of regulatory investigation and action; (4) as a result of the Company's misconduct, the U.S. Food and Drug Administration would delay the approval of additional Medtronic MiniMed devices, including the MiniMed 780G; (5) these delays in product approvals, as well as the Company's need to improve its quality control systems, would negatively affect the Company's financial performance and cause Medtronic to fall further behind its competitors; and (6) as a result of the foregoing, defendants' statements about the Company's business, operations, and prospects lacked a reasonable basis.
DEADLINE: November 7, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/medtronic-plc-loss-submission-form/?id=31662&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of MDT during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is November 7, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.whsv.com/prnewswire/2022/09/14/shareholder-alert-gross-law-firm-notifies-shareholders-medtronic-plc-class-action-lawsuit-lead-plaintiff-deadline-november-7-2022-nyse-mdt/
| 2022-09-14T10:22:07Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of MINISO Group Holding Limited.
Shareholders who purchased shares of MNSO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: This lawsuit is on behalf of persons or entities who purchased or otherwise acquired publicly traded MINISO securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with MINISO's October 2020 initial public offering.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) defendants and other undisclosed related parties owned and controlled a much larger amount of MINISO stores than previously stated; (2) as a result, MINISO concealed its true costs; (3) the Company did not represent its true business model; (4) defendants, including the Company and its chairman, engaged in planned unusual and unclear transactions; (5) as a result of at least one of these transactions, the Company is at risk of breaching contracts with People's Republic of China authorities; (6) the Company would imminently and drastically drop its franchise fees; and (7) as a result, defendant's statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
DEADLINE: October 17, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/miniso-group-holding-limited-loss-submission-form/?id=31651&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of MNSO during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 17, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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| 2022-09-14T10:22:14Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of TuSimple Holdings Inc..
Shareholders who purchased shares of TSP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/tusimple-holdings-inc-loss-submission-form/?id=31657&from=4
CLASS PERIOD: This lawsuit is on behalf of all persons who: (a) purchased or otherwise acquired TuSimple common stock pursuant and/or traceable to documents issued in connection with TuSimple's April 15, 2021 initial public offering; and/or (b) that purchased or otherwise acquired TuSimple securities between April 15, 2021 and August 1, 2022, both dates inclusive.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) TuSimple's commitment to safety was significantly overstated and defendants concealed fundamental problems with the Company's technology; (ii) TuSimple was rushing the testing of its autonomous driving technology in order to deliver driverless trucks to the market ahead of its more safety-conscious competitors; (iii) there was a corporate culture within TuSimple that suppressed or ignored safety concerns in favor of unrealistically ambitious testing and delivery schedules; (iv) the aforementioned conduct made accidents involving the Company's autonomous driving technology more likely; (v) the aforementioned conduct invited enhanced regulatory scrutiny and investigatory action toward the Company; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: October 31, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/tusimple-holdings-inc-loss-submission-form/?id=31657&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TSP during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 31, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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| 2022-09-14T10:22:20Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Tuya Inc..
Shareholders who purchased shares of TUYA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of all persons or entities who purchased Tuya American Depositary Shares in or traceable to the Company's March 2021 initial public offering.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (a) a material portion of Tuya's China-based customers were engaged in the widespread and systematic manipulation of reviews and product offerings in violation of Amazon.com's terms of use; (b) prior to the initial public offering, a consumer investigation and data breach had exposed an illicit fake review scheme being perpetrated by many of Tuya's clients, among others, which included, inter alia, the exposure of 13 million records of organized fake review scams linked to over 200,000 Amazon account profiles; (c) as a result of (a) and (b) above, there was a substantial risk that a material portion of Tuya's significant customers would be barred from using Amazon.com's platform, negatively impacting Tuya's business, revenue, earnings, and prospects; and (d) as a result of (a)-(c) above, the registration statement's representations regarding Tuya's historical financial and operational metrics and purported market opportunities and expected growth did not accurately reflect the actual business, operations, financial results, and trajectory of the Company at the time of the initial public offering, and such statements were materially false and misleading and lacked a reasonable factual basis.
DEADLINE: October 11, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/tuya-inc-loss-submission-form/?id=31649&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of TUYA during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 11, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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| 2022-09-14T10:22:27Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Weber Inc..
Shareholders who purchased shares of WEBR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Weber Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's August 2021 initial public offering.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Weber was reasonably likely to implement price increases; (2) as a result, consumer demand for Weber's products was reasonably likely to decrease; (3) due to the resulting inventory buildup, Weber was reasonably likely to run promotions to "enhance retail sell through"; (4) the foregoing would adversely impact Weber's financial results; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects, were materially misleading and/or lacked a reasonable basis.
DEADLINE: September 27, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/weber-inc-loss-submission-form/?id=31645&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of WEBR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is September 27, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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| 2022-09-14T10:22:34Z
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Digital-first insuretech, Spot Pet Insurance, teams up with Lyft's media and advertising arm, Lyft Media, to launch hyper-targeted, data-driven cartop ads around New York City dog parks.
MIAMI, Sept. 14, 2022 /PRNewswire/ -- Spot Pet Insurance, in partnership with Lyft Media, is on the road to expanding its business to New York pet lovers. Pet parents will see Spot on Lyft's digital cartop advertising units when the vehicles are in proximity to dog parks. The partnership will help Spot deliver on its promise to create informed communities of healthy pets and happy pet parents.
"Almost 50% of New York households are pet parents, and the city is widely known as one of the most pet friendly. A natural next step for people who love their pets like family is easy, uncomplicated pet insurance options that can help reimburse them for potentially high costs of eligible vet care for their dog or cat's unexpected accidents and illnesses," said Trey Ferro, CEO at Spot.
Spot, an insuretech with a digital-first mindset provides extensive pet insurance plan options for cats and dogs and recognizes the many challenges of pet parenting, aiming to help reduce difficult decision-making when it comes to providing pet care and the love for their furry family members. Partnering with Lyft Media will help Spot deliver on its promise to educate communities about pet insurance so that people can have help giving their pets healthier lives for longer.
"We are excited to collaborate with Spot Pet Insurance on a campaign specifically designed to launch Spot's pet-friendly video content on the Lyft digital rooftop network. Spot's geo-targeted videos will automatically serve on vehicles as they drive around New York City dog parks," said Faizan Bhatty, Head of Revenue and Partnerships at Lyft Media.
New Yorkers can look forward to help finding a holistic approach to pet health, with accident and illness pet insurance plan options providing coverage for behavioral issues, alternative therapies for covered conditions, and Preventative Care coverage add-on options for an extra cost.
Technology and innovation are at the forefront of Spot's approach to pet wellness. The business conveniently enables pet owners to create custom plans and easily manage their entire account on https://spotpetins.com/ or through its easy-to-use app. Claims submissions are processed fast in a secure, dedicated web platform and mobile app. Assisted by automation processes, the claims team works to speed up reimbursements whenever possible. The user-friendly site is also able to quickly generate a free quote in under 30 seconds, and additional pets receive a 10% multi-pet discount with plans in the U.S.
Learn more about Spot's Pet Insurance plan options at https://spotpetins.com/
Spot Pet Services, LLC is an insurance producer founded in West Palm Beach, Fl, that offers products nationwide. Spot offers plan options that include Accident-Only and Accident & Illness pet insurance. Spot provides insurance plan options, communications, and employees that help support humans in forming the best relationship with their pets over a long, healthy life together. Pre-existing conditions are not covered. Waiting periods, annual deductible, co-insurance, benefit limits, and exclusions may apply. For all terms and conditions visit spotpetins.com/sample-policy. Preventive Care reimbursements are based on a schedule. Accident and illness coverage reimbursements are based on the invoice. Products, schedules, discounts, and rates may vary and are subject to change. More information is available at checkout. Insurance plans are underwritten by United States Fire Insurance Company (NAIC #21113. Morristown, NJ). Insurance plans are marketed and produced by Spot Insurance Services, LLC. (NPN # 19246386).
Lyft was founded in 2012 and is one of the largest transportation networks in the United States and Canada. As the world shifts to transportation-as-a-service, Lyft is at the forefront of this massive societal change. Its transportation network includes the largest shared mobility network in the United States and brings together rideshare, bikes, scooters, car rentals and transit all in one app. Lyft is singularly driven by its mission: to improve people's lives with the world's best transportation.
New York (49.7%): https://worldpopulationreview.com/state-rankings/pet-ownership-statistics-by-state. May 2019. AMVA Pet Ownership & Demographics Sourcebook. World Population Review.
Company: Spot Pet Insurance
Media Contact Email: press@spotpet.com
Phone: (561) 905-1595
Address: 303 Banyan Blvd., Ste. 303, West Palm Beach, FL 33401 Website: https://spotpetins.com/
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| 2022-09-14T10:22:41Z
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SAN DIEGO, Sept. 14, 2022 /PRNewswire/ -- Cauldryn, a leader in Beverage Temperature Control Technology, is excited to announce the Cauldryn Coffee Pro Just in time for Fall and the 2022 Holiday season. Featuring world-class design and advanced technology, the Cauldryn Coffee Pro enhances the coffee and tea drinking experience by maintaining your perfect drinking temperature from the first sip to the last drop.
The new Cauldryn Coffee Pro is intuitive, with multiple temperature sensors and thermal heating technology inside the mug that keeps liquid at a constant temperature for up to 10 hours on the battery. The Cauldryn mug will maintain coffee or tea at the user's perfect drinking temperature all day. Further, our Cauldryn App allows remote user control of temperature and other settings.
Owner Bill Green says, "In a study we conducted a few years ago with a previous Cauldryn version, we found that Just a few degrees can make a big difference in taste. Coffee lovers embrace the connection between taste and temperature first-hand."
The Cauldryn Coffee Pro is the latest addition to the Cauldryn line of temperature control products. This innovative new product offers a convenient and efficient way to keep hot coffee on the go. With its built-in heating element, the Cauldryn Coffee Pro is perfect for people who want to continue enjoying the perfect cup of coffee at the ideal temperature. The product also has an easy-to-use digital display that allows users to customize their coffee or tea experience. Whether you're looking for a quick caffeine fix or a leisurely cup of Joe, the Cauldron Coffee Pro has got you covered. Thanks to its portable design, you can now enjoy hot coffee wherever you go!
Press Contact
Matthew Rogers
Brand Director
marketing@cauldryn.com
314-680-0001, www.cauldryn.com
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| 2022-09-14T10:22:47Z
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SINGAPORE, Sept. 14, 2022 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company") a leading manufacturer and distributor of engines for on- and off-road applications in China through its main operating subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), today announced that the 3.5-ton electric drive axle of Yuchai Xin-Lan New Energy Power Technology Co., Ltd. ("Yuchai Xin-Lan") has been successfully integrated for the first time into an EV light-duty bus from Guangxi Shenlong.
This EV model will be gradually released in the third quarter of 2022 into the Nanning bus market, marking the first successful entry of Yuchai Xin-Lan's new energy electric drive axle products into the full electric light-duty EV bus market. The Yuchai 3.5-ton electric axle power system has a designed rated power of 65kW and peak power of 120kW.
Recently, Inner Mongolia Easy-Move Technology launched China's first domestically made 200-metric ton smart mining truck, the EM200. The EM200 features Yuchai Xin-Lan's 300kW high-power range extender powertrain system, which greatly improves payload management efficiency, lowers carbon emissions and provides intelligent control.
Yuchai Xin-Lan's range extender powertrain systems can achieve electromechanical hybrid control. The Permanent Magnet Synchronous Motor (PMSM), proprietarily designed by Yuchai Xin-Lan, significantly reduces weight and size while producing more power and achieves better reliability. For mining trucks powered by Yuchai Xin-Lan range extender powertrain systems, when climbing with heavy payloads, the electric power system can charge the vehicle battery while also powering the main motor, enabling the vehicle to charge while on the move. This Yuchai Xin-Lan range extender powertrain system can work continuously and greatly improve transportation efficiency.
Weng Ming Hoh, President of China Yuchai, commented, "We are delighted to see that Xin-Lan's electric axle drive is penetrating the large light-duty bus market and Xin-Lan's range extender system is gaining traction in the large tonnage mining equipment market."
About China Yuchai International
China Yuchai International Limited, through its subsidiary, Guangxi Yuchai Machinery Company Limited ("GYMCL"), engages in the manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, passenger vehicles, construction equipment, marine and agriculture applications in China. GYMCL also produces diesel power generators. The engines produced by GYMCL range from diesel to natural gas and hybrid engines. Through its regional sales offices and authorized customer service centers, GYMCL distributes its engines directly to auto OEMs and retailers and provides maintenance and retrofitting services throughout China. Founded in 1951, GYMCL has established a reputable brand name, strong research and development team and significant market share in China with high-quality products and reliable after-sales support. In 2021, GYMCL sold 456,791 engines and is recognized as a leading manufacturer and distributor of engines in China. For more information, please visit http://www.cyilimited.com.
Safe Harbor Statement:
This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "believe", "expect", "anticipate", "project", "targets", "optimistic", "confident that", "continue to", "predict", "intend", "aim", "will" or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements including, but not limited to, statements concerning China Yuchai's and the joint venture's operations, financial performance and condition are based on current expectations, beliefs and assumptions which are subject to change at any time. China Yuchai cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic and social conditions around the world and in China including those discussed in China Yuchai's Form 20-Fs under the headings "Risk Factors", "Results of Operations" and "Business Overview" and other reports filed with the Securities and Exchange Commission from time to time. Among others, if the COVID-19 pandemic is not effectively and timely controlled, our business operations and financial condition may be materially and adversely affected due to a deteriorating market for automotive sales, an economic slowdown in China and abroad, a potential weakening of the financial condition of our customers, or other factors that we cannot foresee. All forward-looking statements are applicable only as of the date it is made and China Yuchai specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.
For more information:
Investor Relations
Tel: +1-212-510-8922
Email: cyd@bluefocus.com
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https://www.whsv.com/prnewswire/2022/09/14/yuchai-xin-lans-new-products-shine-debut-light-duty-ev-bus-smart-mining-truck/
| 2022-09-14T10:22:54Z
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Reflects confidence in ePac's unique, digitally enabled business model, providing excellent opportunities to expand Amcor's addressable markets
ZURICH, Sept. 14, 2022 /PRNewswire/ -- Amcor (NYSE: AMCR) (ASX:AMC), a global leader in developing and producing responsible packaging solutions, today announced a further strategic investment of up to $45 million in ePac Flexible Packaging ("ePac"), a leader in high quality, short run length digitally-based flexible packaging. The investment will increase Amcor's minority shareholding in ePac Holdings LLC.
Amcor's Executive Vice President of Strategy and Development, Ian Wilson, said, "This additional investment reflects our confidence in ePac's entrepreneurial team and their proven ability to rapidly scale in the high growth, often higher value short run segment. Since our initial investment last year, we have been deeply impressed with ePac's focused and innovative business model centered around deploying a very high level of digitalization and customization. ePac's proven digital technologies enable the delivery of exceptional service levels and significantly reduced lead times. These specializations are designed to meet the unique speed to market and service needs of locally based small to medium customers, skill sets that are highly transferable to areas of Amcor's core business.
"We believe this investment complements Amcor's existing digital activities and is well aligned with our vision that packaging will continue to become more personalized and more connected, as well as more sustainable," Wilson continued. "This partnership is an excellent example of our objective to partner with high growth, visionary companies that provide opportunities for Amcor to leverage new innovations and value propositions while generating strong returns for Amcor shareholders. We are excited to be extending our relationship with a highly successful startup and continuing to support ePac's future growth ambitions."
Founded in 2016, ePac has a fast-growing global footprint and is focused on digital printing technologies to service the short run needs of small customers in the consumer goods industry. Annual revenue has grown more than 600 percent over the past three years to a run rate of over $200 million. ePac operates 25 sites globally, all with an identical set-up, offering customers automated quoting, digital printing capabilities and exceptional service times across a number of product specifications.
About ePac
ePac's founders began with a mission to provide locally based consumer packaged goods companies the ability to compete with large brands with great packaging. ePac's customers are predominantly small and medium size companies, many of whom are focused on creating natural and innovative products for consumers. ePac's customers benefit from speed to market, the ability to order to demand, and the latest in connected packaging technology through eConnect.
About Amcor
Amcor is a global leader in developing and producing responsible packaging solutions for food, beverage, pharmaceutical, medical, home and personal-care, and other products. Amcor works with leading companies around the world to protect their products and the people who rely on them, differentiate brands, and improve supply chains through a range of flexible and rigid packaging, specialty cartons, closures, and services. The company is focused on making packaging that is increasingly lighter weight, recyclable and reusable, and made using an increasing amount of recycled content. In fiscal year 2022, 44,000 Amcor people generated $15 billion in annual sales from operations that span 220 locations in 43 countries. NYSE: AMCR; ASX: AMC
www.amcor.com I LinkedIn I Facebook I Twitter I YouTube
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SOURCE Amcor
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https://www.whsv.com/prnewswire/2022/09/14/amcor-increases-strategic-investment-epac-flexible-packaging/
| 2022-09-14T10:23:00Z
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HONG KONG, Sept. 14, 2022 /PRNewswire/ -- China Mobile Limited ("China Mobile" or "the Company") (HKEx: 941; SSE: 600941) refers to its announcement dated 7 May 2021 in relation to the review decision of the determination by The New York Stock Exchange LLC (the "NYSE") to delist the American Depositary Shares of the Company (the "ADSs"). On 7 May 2021, the NYSE filed a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") and the delisting of the Company's ADSs became effective on 18 May 2021. On 13 September 2021, the Company terminated its ADSs program.
China Mobile announced that in light of the delisting of the ADSs and the termination of the ADSs program, the Company intends to file a Form 15F with the SEC on the date of this press release to deregister the ADSs and terminate its reporting obligations under the U.S. Securities Exchange Act of 1934, as amended (the "U.S. Exchange Act").
The Company's reporting obligations under the U.S. Exchange Act will be suspended immediately upon such filing. The deregistration and termination of reporting obligations are expected to become effective 90 days after the filing, unless withdrawn by the Company or objected to by the SEC. The Company will continue to comply with its financial reporting and other obligations as a listed issuer under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited and the Rules Governing the Listing of Stocks on Shanghai Stock Exchange.
Certain statements contained in this press release may be viewed as "forward-looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Such forward-looking statements involve known and unknown risks, uncertainties and other factors, which may cause the actual performance, financial condition or results of operations of the Company to be materially different from those implied by such forward-looking statements. In addition, the Company does not intend to update these forward-looking statements. Further information regarding these risks, uncertainties and other factors is included in the Company's most recent Annual Report on Form 20-F and other filings with the SEC.
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SOURCE China Mobile Limited
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https://www.whsv.com/prnewswire/2022/09/14/china-mobile-seeks-deregister-its-american-depositary-shares-terminate-its-reporting-obligations-under-us-securities-exchange-act/
| 2022-09-14T10:23:07Z
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CHAMPIONSGATE, Fla., Sept. 14, 2022 /PRNewswire/ -- The International Academy of Oral Medicine and Toxicology (IAOMT) is proud to announce the launch of its new eLearning course for biological dental hygiene accreditation.
The IAOMT's Biological Dental Hygiene Accreditation Program helps dental hygienists understand the science behind using integrative holistic oral health approaches and how they influence whole body health.
The course is being offered on a new, user-friendly online learning system consisting of peer reviewed scientific articles and videos, as well as a workshop that can be attended virtually or in person so that dental hygienists everywhere can learn the fundamentals of biological hygiene at their own pace.
The IAOMT offers this course for dental hygienists looking to receive high quality education that provides a wide variety of knowledge in a relatively short period of time. No matter the level of experience, this course will have something for everyone. It's perfect for beginners and those looking for professional development to advance their careers and earn CE credits.
Coursework includes learning how to recognize nutrition's role in periodontal health, identify signs of sleep-disordered breathing, understanding patient biocompatibility with dental materials and the harm from fluoride as well as knowing how to reduce harmful mercury exposures when working with amalgam fillings.
The Biological Dental Hygiene Accreditation program is one of the most comprehensive and innovative dental hygiene education programs in North America. Participants will receive personal mentorship from highly qualified experts, access to peer-reviewed research articles about biological dentistry, and partnership in a professional network committed to continuing to investigate the oral-systemic connection.
The IAOMT is a global consortium of dentists, hygienists, physicians, other health professionals, and scientists who research the biocompatibility of dental products and practices. The IAOMT is committed to ensuring that dental care practices remain safe by researching all potential risks associated with dental treatments including those from mercury fillings, fluoride, root canal treatment as well jawbone osteonecrosis risk factors.
The IAOMT is a non-profit organization dedicated to biological dentistry and its mission of protecting public health and the environment since it was founded in 1984.
Contact:
David Kennedy, DDS, IAOMT Public Relations Chair, info@iaomt.org
International Academy of Oral Medicine and Toxicology (IAOMT)
Phone: (863) 420-6373; Website: www.iaomt.org
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| 2022-09-14T10:23:13Z
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STOCKHOLM, Sept. 14, 2022 /PRNewswire/ -- Essity has raised EUR 500m in the bond market under its Euro Medium Term Note (EMTN) program. The re-offer yield for the bond was 3.094% with a maturity date of September 21, 2026, corresponding to mid swaps +0.70 percentage points.
The bond offering was three times oversubscribed, and the transaction was placed with more than 80 investors.
The bonds will be listed on the on the official list of Luxembourg Stock Exchange. The purpose of the issue is to refinance maturing bond loans and to finance operations.
BofA Securities, Commerzbank, NatWest Markets, and SEB acted as joint bookrunners for the transaction.
For further information, please contact:
Per Lorentz, Vice President Corporate Communications, +46 733 13 30 55, per.lorentz@essity.com
Johan Karlsson, Vice President Investor Relations, +46 705 11 15 81, johan.ir.karlsson@essity.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Essity
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https://www.whsv.com/prnewswire/2022/09/14/essity-raises-eur-500m-bond-market/
| 2022-09-14T10:23:20Z
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LAGOS, Nigeria, Sept. 14, 2022 /PRNewswire/ -- Flutterwave, Africa's leading payments technology company, today announced that merchants can now accept eNaira payments from their customers on their platform. This is an addition to other existing payment methods on Flutterwave including cards, bank transfer, Barter by Flutterwave etc.
eNaira is a digital currency issued and regulated by the Central Bank of Nigeria as a medium of exchange and store of value. It was launched on October 25, 2021 and is available to users with or without a bank account, as they only need to register and access the wallet via the eNaira mobile app. To complete transactions on Flutterwave, users can either scan QR codes or generate one-time tokens using the app.
Flutterwave provides technology, infrastructure, and services to enable global businesses, payment service providers and Pan-African banks to accept and process payments on any channel (Web, Mobile, ATM & POS). The company currently operates across Africa, Europe, North America, and other emerging markets by providing a suite of payment tools that enable over One million businesses accept payments from their customers anywhere in the world in over 150 currencies, including the Naira and eNaira.
Flutterwave merchants can enable the eNaira payment option on their dashboard for their customers' use.
Olugbenga GB Agboola, Founder and CEO of Flutterwave, said:
"With our new adoption of eNaira as a payment method on Flutterwave, we're enabling various payment methods to merchants and their customers to ensure everyone has access to payment solutions that work for them. Flutterwave will continue to strive to be at the forefront of innovation as we develop and implement new solutions to facilitate global payments for our customers ."
Azeez Oluwafemi, Senior Vice President, Products and Design said; "We're the payment solution that strives to allow individuals and businesses with various payment needs and requirements to do business, easily. The eNaira feature is important for the merchants and customers because it offers an alternative payment method that many users find seamless. It's a key update to Flutterwave and we continue to look out for opportunities like this to improve our offering to our range of customers."
The company earlier announced the issue of its Switching and Processing license from the Central Bank of Nigeria (CBN) to offer transaction switching and card processing services to customers. Other services include agency banking and payment gateway services.
About Flutterwave
Flutterwave is a leading African payments technology company that enables businesses across the world to expand their operations in Africa and other emerging markets through a platform that enables cross-border transactions via one API. Flutterwave has processed over 200M transactions worth over USD $16B to date and serves more than 1,000,000 businesses including customers like Uber, Flywire, Booking.com, etc. The Company's key advantage is international payment processing in 150 currencies and multiple payment modes including local and international cards, mobile wallets, bank transfers, Barter by Flutterwave etc. Flutterwave has an infrastructure reach in over 34 African countries, including Nigeria, Uganda, South Africa etc. For more information on Flutterwave's journey, please visit: www.flutterwave.com
Photo - https://mma.prnewswire.com/media/1898432/Flutterwave_Image.jpg
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| 2022-09-14T10:23:28Z
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NEW YORK, Sept. 14, 2022 /PRNewswire/ -- Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announced an agreement with ABC Companies, a leading provider of motorcoach, transit and specialty passenger transport equipment in the USA and Canada, allowing ABC Companies to become a certified reseller of WAVE's industry-leading wireless inductive charging technology in North America. The resale partnership expands WAVE's distribution across North America and into private charter fleets.
"Our WAVE wireless charging technology is a proven solution that solves a major concern we're hearing from fleet operators about going electric–what happens when I run out of charge?" said Robin Mackie, president of Ideanomics Mobility. "With our wireless charging technology, fleet operators can cut the cord, keep their electric fleet running, and stop worrying about vehicle downtime for charging at centralized depots."
ABC Companies and WAVE, a subsidiary of Ideanomics, executed this agreement. This collaboration builds on the successful deployment of the WAVE charging system to select ABC customers. With systems ranging from 125kW to 500kW and a 1MW charger in development, WAVE wireless charging unleashed the full potential of EV fleets by maximizing operational efficiency and reducing the total cost of ownership.
At the heart of WAVE's wireless charging solution is a proprietary ruggedized and fully automated charging pad. High power is delivered over the air from the roadway-embedded charging pads to receivers mounted on a vehicle's undercarriage. Charging begins as soon as the vehicle aligns on top of the in-ground pad. The WAVE system is easy to operate and maintain, with no moving parts or overhead charging infrastructure. As an added benefit, WAVE wireless charging is one of the most reliable ways to charge electric vehicles. It requires no incremental labor for manual operations and zero handling of high-power cables.
As private charter fleets look to electrify, the demand for reliable, safe and proven wireless charging infrastructure is becoming even more imperative. By strategically placing wireless charging pads at routine stops, private charter fleet operators can keep their vehicles running with a nearly full charge during the entirety of their duty cycle.
ABC Companies is a well-known leader in motorcoach, transit and specialty equipment sales and service, in addition to being the exclusive U.S. and Canadian distributor of Van Hool motorcoaches. As a market leader in the private charter space, this partnership provides a direct pathway for WAVE to expand into a new vertical—private charter fleets. Through this strategic partnership, ABC will be uniquely positioned to meet growing demand from its customers for electrification and other fleet management solutions.
"As we continue to expand our portfolio of OEM aftermarket products and services, we need to deliver industry leading charging solutions," said Roman Cornell, president and chief commercial officer-ABC Companies. "WAVE is an ideal fit for many types of fleets and this partnership will enhance our offerings for our current and future customers. Beginning in 2020, we began delivering fully electric motorcoaches, and now offer zero emissions options from 8 to 75 passengers. The expanding electric vehicle portfolio has greatly increased the number of customers choosing sustainable solutions. Now that we are expanding our charging options, we are helping the transportation industry transition to electric."
Ideanomics is solving the complexity of fleet electrification by bringing together high-performance electric vehicles, charging infrastructure, and financing solutions under one roof. The company views WAVE wireless charging as a flagship charging technology and is committed to supporting its ongoing development and deployment. This includes exploring opportunities to incorporate wireless charging technology into the design of the company's next generation of electric vehicles.
Ideanomics is a global group with a simple mission: accelerating the commercial adoption of electric vehicles. By bringing together vehicles, charging, and financing solutions under one roof, we are the one-stop partner needed to simplify the transition to and operation of any EV fleet. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit https://ideanomics.com.
ABC Companies is a leading provider to the transportation industry with diverse product and service offerings that cover a full spectrum of operational needs including new and pre-owned full-size highway coach equipment along with transit specialty vehicles including battery electric vehicles. ABC supports customers with a comprehensive after-sales service network for service and repairs, collision services, extensive OEM and quality aftermarket parts needs for transit, motorcoach and heavy-duty equipment from strategically placed locations throughout the U.S. and Canada. Additionally, private and municipal financing and leasing options are available through the company's financial services group – one of the largest financial service providers within the industry. For more information, contact ABC Companies at 800-222-2875 or visit the company website at www.abc-companies.com.
Any statements contained in this press release that do not describe historical facts may constitute 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, including statements regarding the expected timing for the filing of the Form 10-K, the Company's ability to regain compliance with the Nasdaq requirements for continued listing and related matters. These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," or similar expressions that involve known and unknown risks and uncertainties. Any forward-looking statements contained herein are based on current expectations, but are subject to risks and uncertainties that could cause actual results to differ materially from those indicated, including, but not limited to, risks and uncertainties relating to the failure of the Company to file the Form 10-K on its expected timeline and other risk factors discussed from time to time in the Company's filings with the SEC. These and other factors are identified and described in more detail in the Company's filings with the SEC, including, without limitation, the Company's most recent Form 10-K and Form 10-Q. The Company expressly disclaims any intent or obligation to update these forward-looking statements other than as required by law.
Contacts:
Ideanomics, Inc.
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018
ir@ideanomics.com
Theodore Rolfvondenbaumen, Communications Director
Trolfvondenbaumen@ideanomics.com
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SOURCE Ideanomics
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https://www.whsv.com/prnewswire/2022/09/14/ideanomics-abc-companies-accelerate-deployment-wave-wireless-charging-solutions/
| 2022-09-14T10:23:35Z
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