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IRVINE, Calif. , Dec. 19, 2024 /PRNewswire/ -- OrthAlign, Inc. today announced a significant milestone with the successful first clinical use of its Lantern Hip handheld technology. The procedure was performed by Edwin Su, MD, a renowned orthopedic surgeon at the Hospital for Special Surgery (HSS) in New York, NY . "The first clinical case of Lantern Hip is a monumental achievement for our team and the surgeons involved with this project," said Eric Timko , CEO of OrthAlign. "This expansion of our flagship platform to include hips not only enhances our product portfolio, but also positions us for significant growth in both the hospital and the ambulatory surgery center (ASC). We're excited to kick off the new year with Lantern Hip and showcase its impact at the American Academy of Orthopaedic Surgeons annual meeting," says Eric Timko . Lantern Hip is the latest evolution in hip technology, built upon the success of over 375,000 OrthAlign procedures worldwide. Next-generation sensors, powered by accelerometers and gyroscopes, are designed to provide an accurate and simple solution to navigate cup placement and measure changes in leg length and offset. The system enables the surgeon to choose their preferred implant, and is accessible to any site of service. "Lantern Hip allows me to personalize cup position for each patient," said Dr. Su. "I can compare the functional pelvic plane (FPP), the anterior pelvic plane (APP), and the coronal plane during live cup navigation, so I can place the implant in the best position for function and stability. With its triple-sensor technology, Lantern Hip also allows me to feel confident in my leg length and offset restoration. The system was simple for me and my team to integrate into our workflow during our first case, and I expect this will make a positive impact on other surgeons' experience too." OrthAlign will continue to offer surgeons the opportunity to experience Lantern Hip firsthand through webinars and demonstrations at industry events throughout 2025. For inquiries about upcoming events or to schedule a product demonstration, contact your local OrthAlign representative. Visit www.orthalign.com/lanternhip to view the Lantern Hip introductory video. Lantern Hip is indicated for use in direct anterior total hip arthroplasty procedures with the patient in the supine position. About OrthAlign, Inc. OrthAlign is a medical device company with a focus on delivering practical, cutting-edge technologies for orthopedic surgery. With a commitment to innovation and excellence, OrthAlign provides surgeons with user-friendly, cost-effective solutions to help improve patient care in joint replacement. In 2023, the company celebrated a record-breaking year with over $50 million in global revenue, reflecting its dedication to growth and leadership in the industry. Driven by the belief that everyone deserves exceptional healthcare, OrthAlign is committed to making empowering technologies accessible to all. LANTERN ® and ORTHALIGN ® are registered trademarks of OrthAlign, Inc. View original content to download multimedia: https://www.prnewswire.com/news-releases/orthalign-inc-announces-first-cases-using-lantern-hip-the-next-evolution-in-total-hip-replacement-technology-302336610.html SOURCE OrthAlignfortune gems jili free play
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Fugitive dog gains fame in New Orleans eluding dart guns and netsBy BARBARA ORTUTAY, AP Technology Writer Nearly half of American teenagers say they are online “constantly” despite concerns about the effects of social media and smartphones on their mental health, according to a new report published Thursday by the Pew Research Center. As in past years, YouTube was the single most popular platform teenagers used — 90% said they watched videos on the site, down slightly from 95% in 2022. Nearly three-quarters said they visit YouTube every day. There was a slight downward trend in several popular apps teens used. For instance, 63% of teens said they used TikTok, down from 67% and Snapchat slipped to 55% from 59%. This small decline could be due to pandemic-era restrictions easing up and kids having more time to see friends in person, but it’s not enough to be truly meaningful . X saw the biggest decline among teenage users. Only 17% of teenagers said they use X, down from 23% in 2022, the year Elon Musk bought the platform. Reddit held steady at 14%. About 6% of teenagers said they use Threads, Meta’s answer to X that launched in 2023. The report comes as countries around the world are grappling with how to handle the effects of social media on young people’s well-being. Australia recently passed a law banning kids under 16 from social networks, though it’s unclear how it will be able to enforce the age limit — and whether it will come with unintended consequences such as isolating vulnerable kids from their peers. Related Articles National News | American released from Syrian prison is flown out of the country, a US official says National News | How to protect your communications through encryption National News | Companies tighten security after a health care CEO’s killing leads to a surge of threats National News | Military service academies see drop in reported sexual assaults after alarming surge National News | Unidentified drones spotted flying at locations across NYC, including LaGuardia Airport Meta’s messaging service WhatsApp was a rare exception in that it saw the number of teenage users increase, to 23% from 17% in 2022. Pew also asked kids how often they use various online platforms. Small but significant numbers said they are on them “almost constantly.” For YouTube, 15% reported constant use, for TikTok, 16% and for Snapchat, 13%. As in previous surveys, girls were more likely to use TikTok almost constantly while boys gravitated to YouTube. There was no meaningful gender difference in the use of Snapchat, Instagram and Facebook. Roughly a quarter of Black and Hispanic teens said they visit TikTok almost constantly, compared with just 8% of white teenagers. The report was based on a survey of 1,391 U.S. teens ages 13 to 17 conducted from Sept. 18 to Oct. 10, 2024.COLUMBUS, Ohio--(BUSINESS WIRE)--Dec 13, 2024-- Dr. Johney Green Jr. has been named the next Laboratory Director at Savannah River National Laboratory (SRNL). He currently serves as the Associate Laboratory Director for mechanical and thermal engineering sciences at the National Renewable Energy Laboratory (NREL). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241213541679/en/ Dr. Johney Green Jr. (Photo: Business Wire) SRNL, a multi-program national laboratory with an annual operating budget of about $400 million, is a leading research and development institution for the Offices of Environmental Management and Legacy Management at the Department of Energy (DOE) and the Weapons and Nonproliferation programs for the National Nuclear Security Administration (NNSA). “We are thrilled to have Johney become the new leader of SRNL,” said Juan Alvarez, Battelle’s Executive Vice President for National Laboratory Management and Operations and Chair of the Board of Directors at Battelle Savannah River Alliance , LLC (BSRA). “We are confident that he is the right person to lead this exceptional national asset with a legacy of delivering impactful solutions for environmental, energy, and security challenges.” At NREL Green currently oversees NREL's transportation, buildings, wind, water, geothermal, advanced manufacturing, concentrating solar power, and Arctic research programs, which encompass a portfolio of more than $300 million and a workforce of about 750. Directorate staff conduct research and development to enable technology innovations in the areas of energy efficiency, sustainable transportation, and renewable power. “I am honored and humbled by the opportunity to join the SRNL community and work alongside our dedicated staff and regional university partners” Green said. “Together, we will drive innovation, enhance the laboratory’s capabilities, and expand its contributions to national security, environmental sustainability, and energy resilience for the benefit of the nation.” Among his accomplishments at NREL, Green transformed the lab’s wind site into the Flatirons Campus and transitioned the campus from a single-program wind research site to a multiprogram research campus that is the foundational experimental platform for the DOE’s Advanced Research on Integrated Energy Systems (ARIES) initiative. Prior to his time at NREL, Green held several leadership roles at Oak Ridge National Laboratory (ORNL), where he served as director of the Energy and Transportation Science Division and group leader for fuels, engines, and emissions research. Green managed a broad science and technology portfolio and user facilities that made significant science and engineering advances in building technologies; sustainable industrial and manufacturing processes; fuels, engines, emissions, and transportation analysis; and vehicle systems integration. During his tenure as a division director, ORNL developed the Additive Manufacturing Integrated Energy (AMIE) demonstration project, a model of innovative vehicle-to-grid integration technologies and next-generation manufacturing processes. Early in his career, Green conducted combustion research to stabilize gasoline engine operation under extreme conditions. In the course of that research, he joined a team working with Ford Motor Co., seeking ways to simultaneously extend exhaust gas recirculation limits in diesel engines and reduce nitrogen oxide and particulate matter emissions. He continued this collaboration as a visiting scientist at Ford's Scientific Research Laboratory, conducting modeling and experimental research for advanced diesel engines designed for light-duty vehicles. On assignment to the U.S. Department of Energy's Vehicle Technologies Office, Green also served as technical coordinator for the 21st Century Truck Partnership. He also contributed to a dozen of ORNL's 150-plus top scientific discoveries. Green is a fellow of the American Association for the Advancement of Science and an SAE International fellow. He serves on the Defense Science Board and several advisory boards including those at the Georgia Institute of Technology and the University of Memphis. Green is also the former chairman of the board for the National GEM Consortium and has been an invited participant in several National Academy of Engineering programs. Green has received several awards during his career and holds two U.S. patents in combustion science. Additionally, he has an h-index of 34 with more than 4,500 citations, is the lead or co-author of several technical publications, and has given many invited, keynote, and plenary presentations. Green holds a bachelor's degree in mechanical engineering from the University of Memphis and a master's and doctorate in mechanical engineering from the Georgia Institute of Technology. About Battelle Savannah River Alliance, LLC Battelle Savannah River Alliance, LLC (BSRA), a not-for-profit limited liability company, manages and operates SRNL for the DOE. BSRA board leadership includes Battelle Memorial Institute, Clemson University, University of South Carolina, South Carolina State University, University of Georgia, and Georgia Institute of Technology. Battelle Memorial Institute and the five universities are joined in partnership with preferred subcontractors TechSource and Longenecker & Associates with the singular purpose of maintaining SRNL as a best-in-class national laboratory. About Battelle Every day, the people of Battelle apply science and technology to solving what matters most. At major technology centers and national laboratories around the world, Battelle conducts research and development, designs and manufactures products, and delivers critical services for government and commercial customers. Headquartered in Columbus, Ohio since its founding in 1929, Battelle serves the national security, health and life sciences, and energy and environmental industries. For more information, visit www.battelle.org . View source version on businesswire.com : https://www.businesswire.com/news/home/20241213541679/en/ CONTACT: SRNL ContactChris O’Neil, APR, Director, Office of Communications Savannah River National Laboratory (803) 725-1004 (O) or (803) 679-7788 (M) or at chris.o'neil@srnl.doe.govBattelle ContactKaty Delaney at (614) 424-7208 or atdelaneyk@battelle.org or contact T.R. Massey at (614) 424-5544 or atmasseytr@battelle.org KEYWORD: OHIO GEORGIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: AUTOMOTIVE MANUFACTURING MANUFACTURING DEFENSE ENVIRONMENT OTHER SCIENCE AUTOMOTIVE RESEARCH OTHER DEFENSE OTHER POLICY ISSUES SCIENCE PUBLIC POLICY/GOVERNMENT OIL/GAS ALTERNATIVE ENERGY ENERGY OTHER MANUFACTURING GENERAL AUTOMOTIVE NUCLEAR ENGINEERING SOURCE: Battelle Copyright Business Wire 2024. PUB: 12/13/2024 01:30 PM/DISC: 12/13/2024 01:30 PM http://www.businesswire.com/news/home/20241213541679/en
TALKING TRASH: LUCKY ENERGY DEBUTED AT ART BASELCleveland named among top 3 contenders for new professional women’s soccer team
The pair have released albums in the same year for some time now Father John Misty has had his say on Kendrick Lamar surprise releasing his new album ‘GNX’ the same day as he dropped his new album ‘Mahashmashana’ . READ MORE: Father John Misty – ‘Mahashmashana’ review: gently psychedelic The Compton rapper posted a link to the album on his social media pages at 5pm UK time on Friday (November 22), with the 12-track, 44-minute release now on all major music streaming platforms. It is Lamar’s sixth studio album and first since 2022’s ‘ Mr. Morale & The Big Steppers ’, and features production from Jack Antonoff , Kamasi Washington , Mustard , Terrace Martin and Sounwave. It also includes uncredited guest vocals from SZA . The album does not include ‘ Not Like Us ’ or any of the other tracks that arrived earlier this year as part of Kendrick’s high-profile beef with Drake . Now, Father John Misty has joked about his own new album coming into competition with Lamar’s. He wrote on X: “not now I’m furiously scribbling my seeming response to”. When a fan commented, “I’m so sorry that you happened to drop on the worst possible day to drop a new album,” Misty pointed out that this is the fifth time both musicians have dropped albums in the same year – in fact, the trend has been going for almost as long as Lamar has been releasing albums. “it’s okay only other times it’s happened was 2012, 2015, 2017 and 2022,” he wrote. not now I’m furiously scribbling my seeming response to — Father John Misty (@fatherjohnmisty) November 22, 2024 it’s okay only other times it’s happened was 2012, 2015, 2017 and 2022 — Father John Misty (@fatherjohnmisty) November 22, 2024 In a four-star review of ‘Mahashmashana’, NME wrote: “The lush ‘Mahashmashana’ doesn’t quite mainline the zeitgeist in the same way that ‘Honeybear’ and ‘Pure Comedy’ did. Then again, there’s something to be said, in 2024, for logging off in favour of self-reflection. On the swooning ‘Mental Health’, Misty rejects the hive mind, concluding that his own particular “insanity” is “indispensable”. Whoever the folk he is underneath that beard, the good Father can’t help but share words of wisdom. He will also embark on a UK and European tour in 2025 , including a huge show at the Royal Albert Hall. Tickets are on sale now – you’ll be able to buy yours here (UK) and you can check out the full list of dates below. Father John Misty’s 2025 European and UK tour dates are: APRIL 03 – Sentrum Scene, Oslo, Norway 04 – Fållan, Stockholm, Sweden 05 – Copenhagen Opera House, Copenhagen, Denmark 06 – Huxleys Neue Welt, Berlin, Germany 08 – La Cigale, Paris, France 09 – Ancienne Belgique, Brussels, Belgium 10 – TivoliVredenburg, Utrecht, Netherlands 12 – Usher Hall, Edinburgh, UK 13 – O2 Apollo, Manchester, UK 14 – Brighton Dome, Brighton, UK 15 – Royal Albert Hall, London, UK Related Topics Father John Misty Hip-hop Indie Kendrick Lamar'Wholly achievable': calls grow for $10-a-day childcare
Middle East latest: Syrians celebrate Assad's fall as US seeks a peaceful political transition
NOVATO, Calif. , Dec. 11, 2024 /PRNewswire/ -- Hennessy Advisors, Inc. (Nasdaq: HNNA) today reported results for the fiscal year ended September 30, 2024 . "So far in 2024, the U.S. stock market and economy have thrived on a wave of optimism," said Neil Hennessy , Chairman and CEO. "With the presidential election and initial Federal Reserve rate cuts now behind us, investors can return their focus to core fundamentals of the U.S. economy, which appear solid." "Over the course of more than four decades in this business, I have witnessed the economic resilience of the United States through periods of high inflation, rising interest rates, and geopolitical uncertainty. Today, I believe many economic fundamentals are strong. Unemployment is low and stable, corporate earnings and cash flows are robust, and our banking system is both healthy and viable. With positive consumer sentiment, I see spending driving corporate profits, and I believe this will spur the stock market's continued growth through the end of the year and beyond. As always, our focus remains on navigating any economic environment to deliver long-term value for our shareholders," he continued. "In the one-year period ended September 30, 2024 , the Dow Jones Industrial Average returned 28.85% and the S&P 500 ® Index returned 36.35% (on a total return basis). Over the same period, all 17 Hennessy Funds posted positive returns. Over the longer term, 15 of the Hennessy Funds posted positive returns for the three-year period ended September 30, 2024 , and all 16 Hennessy Funds with at least 10 years of operating history posted positive returns for both the 5-year and 10-year periods ended September 30, 2024 ," stated Neil Hennessy . "In 2024, we successfully executed on all three fronts of our long-standing business strategy," said Teresa Nilsen , President and COO. "Over the twelve months ended September 30, 2024 , we purchased assets related to the management of $72 million in mutual funds, we welcomed $549 million in net new assets under management, and we benefited from nearly $1 billion in market appreciation." "The effective execution of our business model drove a 23% increase in our average assets under management over the prior year, creating a strong start to fiscal year 2025 with total assets under management up more than 50% since September 30, 2023 ," she continued. "Our fiscal year results reflect both the strength of our consistent strategy and the dedication of our talented team, whose focused efforts have driven the success of Hennessy Advisors for over 35 years. I am immensely proud of what we've accomplished and excited about the opportunities that lie ahead." Summary Highlights for the Fiscal Year (compared to fiscal year 2023): Twelve Months Ended Sept 30, Change 2024 2023 Dollar Percent Total Revenue $ 29,646,194 $ 24,019,874 $ 5,626,320 23.4 % Net Income 7,096,701 4,770,888 2,325,813 48.8 % Earnings Per Share (Diluted) 0.92 0.63 0.29 46.0 % Weighted Average Number of Shares Outstanding (Diluted) 7,721,781 7,603,676 118,105 1.6 % Average Assets Under Management 3,686,942,501 2,991,689,979 695,252,522 23.2 % As of Sept 30, 2024 2023 Total Assets Under Management $ 4,642,363,105 $ 3,032,041,791 $ 1,610,321,314 53.1 % Cash and Cash Equivalents, Net of Gross Debt Balance 23,671,594 20,225,668 3,445,926 17.0 % About Hennessy Advisors, Inc. Hennessy Advisors, Inc. is a publicly traded investment manager offering a broad range of domestic equity, multi-asset, and sector and specialty funds. Hennessy Advisors, Inc. is committed to providing superior service to shareholders and employing a consistent and disciplined approach to investing based on a buy‐and‐hold philosophy that rejects the idea of market timing. Supplemental Information Nothing in this press release shall be considered a solicitation to buy or an offer to sell a security to any person in any jurisdiction where such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction. Forward-Looking Statements This press release contains "forward-looking statements" for which Hennessy Advisors, Inc. claims the protection of the safe harbor contained in the Private Securities Litigation Reform Act of 1995. Forward‐looking statements relate to expectations and projections about future events based on currently available information. Forward‐looking statements are not a guarantee of future performance or results and are not necessarily accurate indications of the times at which, or means by which, such performance or results may be achieved. Forward‐looking statements are subject to risks, uncertainties, and assumptions, including those described in the sections entitled "Risk Factors" and elsewhere in the reports that Hennessy Advisors, Inc. files with the Securities and Exchange Commission. Unforeseen developments could cause actual performance or results to differ substantially from those expressed in, or suggested by, the forward‐looking statements. Hennessy Advisors, Inc. management does not assume responsibility for the accuracy or completeness of the forward-looking statements and undertakes no responsibility to update any such statement after the date of this press release to conform to actual results or to changes in expectations. View original content: https://www.prnewswire.com/news-releases/hennessy-advisors-inc-reports-46-increase-in-annual-earnings-per-share-302329179.html SOURCE Hennessy Advisors, Inc.Homeland Security shares new details of mysterious drone flights over New Jersey, lawmaker says A New Jersey lawmaker from part of the state where several mysterious drones have been spotted in recent week says the devices appear to avoid detection by traditional methods. Assemblywoman Dawn Fantasia was among state officials who met Wednesday with representatives from the Department of Homeland Security. She says lawmakers were told the drones have dodged detection by helicopters and radio. Fantasia says DHS described the devices as up to 6 feet in diameter and sometimes traveling with their lights off. The Morris County Republican made the comments in a post on X shortly after she and several other state and local lawmakers met with state police and Homeland Security officials. Rape allegation against Jay-Z won’t impact NFL's relationship with music mogul, Goodell says IRVING, Texas (AP) — NFL Commissioner Roger Goodell says a rape allegation against rapper Jay-Z won’t impact the NFL's relationship with the music mogul. Jay-Z's company Roc Nation has produced some of the NFL’s entertainment presentations including the Super Bowl halftime show. A woman who previously sued Sean “Diddy” Combs alleging she was raped at an awards show after-party in 2000 amended the lawsuit Sunday to include an allegation that Jay-Z was also at the party and participated in the sexual assault. Jay-Z says the rape allegation made against him is part of an extortion attempt. The NFL teamed up with Jay-Z’s Roc Nation in 2019 for events and social activism. The league and the entertainment company extended their partnership a few months ago. Gastineau confronts Favre in documentary for his 'dive' on Strahan's record-breaking sack Former New York Jets star Mark Gastineau confronted Brett Favre last year at a memorabilia show and angrily accused the Pro Football Hall of Fame quarterback of deliberately going down on a record-breaking sack. The tense exchange is shown in the new ESPN 30 for 30 documentary “The New York Sack Exchange." It chronicles the Jets’ fearsome foursome defensive line of the 1980s that included Gastineau. Gastineau set an NFL record with 22 sacks in 1984, but Pro Football Hall of Famer Michael Strahan broke the mark when he sacked Favre in 2002 in a game between the Giants and Packers. Many have accused Favre of purposely taking the sack so Strahan could set the single-season record with 22 1/2. NFL and Nike extend their partnership with a 10-year deal, will focus on growing the sport globally IRVING, Texas (AP) — The NFL’s desire to become a global powerhouse is no secret. Nike is committed to helping the league continue expanding its worldwide reach. The league and the apparel giant announced Wednesday a 10-year partnership extension. The NFL and Nike will focus on working together to grow the game’s global reach, increase participation, develop new talent, and expand the football fan base. Nike, the world’s largest supplier of athletic shoes and apparel, has been the NFL’s exclusive provider of uniforms and sideline, practice and base layer apparel for all 32 NFL teams for 12 years. George Kresge Jr., who wowed talk show audiences as the The Amazing Kreskin, dies at age 89 NEW YORK (AP) — George Joseph Kresge Jr., otherwise known to TV watchers as the mesmerizing entertainer and mentalist The Amazing Kreskin, has died at age 89. Kreskin’s friend and former road manager, Ryan Galway, says he died Tuesday at his home in Caldwell, New Jersey. Kreskin launched his television career in the 1960s and remained popular for decades, appearing with everyone from Merv Griffin to Johnny Carson to Jimmy Fallon. Fans would welcome, if not entirely figure out, his favorite mind tricks — whether correctly guessing a playing card chosen at random, or, most famously, divining where his paycheck had been planted among the audience. He also hosted a show in the 1970s, gave live performances and wrote numerous books. Albertsons sues Kroger for failing to win approval of their proposed supermarket merger Kroger and Albertsons’ plan for the largest U.S. supermarket merger in history has crumbled. The two companies have accused each other of not doing enough to push their proposed alliance through, and Albertsons pulled out of the $24.6 billion deal on Wednesday. The bitter breakup came the day after a federal judge in Oregon and a state judge in Washington issued injunctions to block the merger, saying that combining the two grocery chains could reduce competition and harm consumers. Albertsons is now suing Kroger, seeking a $600 million termination fee, as well as billions of dollars in legal fees and lost shareholder value. Kroger says the legal claims are “baseless.” Wisconsin kayaker who faked his death and fled the country is charged after returning to US GREEN LAKE, Wis. (AP) — Authorities say a Wisconsin man who faked his own drowning and left his wife and three children for Eastern Europe has willingly returned to the U.S. Ryan Borgwardt is charged with obstruction, a misdemeanor. A not-guilty plea was entered by a judge Wednesday, a day after Borgwardt's return. The judge also set bond at $500 for the obstruction charge, though Borgwardt only has to pay if he violates the conditions of his release. Green Lake County Sheriff Mark Podoll says Borgwardt “came back on his own” because of his family. Investigators say the 45-year-old was living in the country of Georgia. Keynote Selena Gomez spotlights prioritizing mental health during Academy Women's Luncheon LOS ANGELES (AP) — While surveying a room packed with Hollywood’s most influential figures, “Emilia Pérez” star Selena Gomez took center stage at the Academy Women’s Luncheon to spotlight a critical issue: Prioritizing mental health and supporting underserved communities often left behind in the conversation. The singer-actor has been public about her mental health struggles, revealing she had been diagnosed with bipolar disorder. Gomez was the keynote speaker Tuesday at the event held at the Academy Museum of Motion Pictures with attendees including Ariana Grande, Olivia Wilde, Amy Adams, Pamela Anderson, Rita Wilson, Ava DuVernay and Awkwafina. Rural resurrection: A Greek village leans into faith in fight against demographic collapse FOURNA, Greece (AP) — In the remote mountains of central Greece lies Fourna, a village in danger of disappearing due to its aging population. An unlikely duo, the local priest and a schoolteacher, has joined forces to raise money to attract families and breathe life back into their community. The grassroots effort has brought more children to the school and is attracting national attention in a country grappling with one of the world’s worst demographic crises. In Greece, deaths outnumber births by nearly two-to-one. The Orthodox Church argues that incentives being offered by the government are welcome but insufficient to reverse the dire trends. The church is pleading with Greeks to restore their traditional faith in family.— Advancement of SOLiD O-RAN-compliant technology to empower more efficient, sustainable, multi-operator in-building 5G connectivity — DALLAS , Dec. 19, 2024 /PRNewswire/ -- SOLiD , the leader in cellular in-building mobile coverage, is a recipient of a $27.68 Million grant from the U.S. National Telecommunications and Information Administration (NTIA) Public Wireless Supply Chain Innovation Fund (PWSCIF) . The award is intended to advance SOLiD's Open RAN technology development for neutral-host, in-building 5G network service. SOLiD's Open RAN radio unit (O-RU) technology enables simple and economical use of 4G and 5G spectrum for greater service agility, scalability, and efficiency. The Wireless Innovation Fund grant is awarded to develop multi-operator O-RU signal source technology integrated with distributed antenna system (DAS) infrastructure, enabling open access to in-building configurations. As part of this project, SOLiD will enhance the research and development of O-RAN-compliant products to support the latest RAN-sharing models, such as multi-operator radio access network ( MORAN ) architectures. The evolution of neutral host RAN sharing infrastructure will enable more efficient, scalable, and cost-effective design, deployment, and maintenance of in-building 5G networks. "This NTIA Wireless Innovation Fund award is a recognition of SOLiD's technological leadership in wireless infrastructure, and validates our approach to high-performance in-building connectivity through the precise integration of Open RAN and DAS technologies," said Scott Deweese , president of SOLiD Americas. "SOLiD is committed to commercializing outstanding O-RAN-compliant solutions to empower more affordable and sustainable multi-operator in-building coverage." About SOLiD SOLiD enables indoor and outdoor cellular at many of the world's best-known and most challenging venues — from the busiest airports and subways to Fortune 500 corporate buildings, hospitals, hotels, universities, sports venues, government, industrial, and logistics facilities. SOLiD continuously innovates to deliver best-in-class connectivity solutions that scale to every need. For more information, visit www.solid.com/us . View original content to download multimedia: https://www.prnewswire.com/news-releases/solid-awarded-ntia-grant-for-open-ran-development-project-302336606.html SOURCE SOLiD Americas
UK spy agency releases annual Christmas card puzzle to uncover future codebreakers‘PHCs, GHs have adequate stock of Hepatitis B and Pentavalent vaccines’
LAKE FOREST, Calif, Dec. 13, 2024 (GLOBE NEWSWIRE) -- ATIF Holdings Limited (NASDAQ: ATIF , the "Company" or "ATIF") announced today that the Company plans on changing its Nasdaq ticker symbol from “ATIF” to “ZBAI”. The Company plans to announce the date and detailed plans for the official stock ticker symbol change by the end of December 2024. No actions will be required by existing shareholders with respect to the planned ticker symbol change. The Company’s Ordinary Shares will continue to be listed on Nasdaq and the CUSIP will remain unchanged. About ATIF ATIF Holdings Limited (NASDAQ: ATIF ) is a Lake Forest-based business consulting company that specializes in providing professional IPO, M&A advisory and post-IPO compliance services to small and medium-sized companies seeking to go public on a stock exchange in the United States. The company has a proven track record in successfully delivering comprehensive U.S. IPO consulting services to clients primarily in the United States but also internationally. The mission of ATIF is to provide one-stop, comprehensive consulting services that guide clients through the complex and often challenging process of going public. ATIF recognizes the complexity and challenges associated with the process of going public, and endeavors to simplify it while ensuring optimal outcomes for its clients through its comprehensive consulting services. ATIF has been awarded the "Golden Bauhinia Award", the highest award in the financial and securities industry in Hong Kong, for "Top 10 Best Listed Companies". Forward-Looking Statements Certain statements in this press release are "forward-looking statements" within the meaning of the "safe Harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. When used in this press release, "estimated," "projected," Words such as "expect", "anticipate", "predict", "plan", "intend", "believe", "seek", "may", "will", "should", "future", "propose" and variations of these words or similar expressions (or the opposite of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements do not guarantee future performance, conditions or results and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control and may cause actual results or achievements to differ materially from those discussed in the forward-looking statements. Important factors include future financial and operating results, including revenues, income, expenses, cash balances and other financial items; Ability to manage growth and expansion; Current and future economic and political conditions; The ability to compete in industries with low barriers to entry; The ability to obtain additional financing to fund capital expenditure in the future. Ability to attract new customers and further enhance brand awareness; Ability to hire and retain qualified management and key staff; Trends and competition in the financial advisory services industry; Pandemic or epidemic disease; Except as required by law, the Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, the Company cannot assure you that such expectations will turn out to be correct, and the Company cautions you that actual results may differ materially from the expected results expressed or implied by the forward-looking statements we make. You should not interpret forward-looking statements as predictions of future events. Forward-looking statements represent only the beliefs and assumptions of our management as of the date such statements are made. The above forward-looking statements are made as of the date of this press release. Contact Information Kenny@atifchina.com ctan@htflawyers.com jwu@htflawyers.comManufacturer marks Official Supplier status with 5 millionth tankless water heater donation and 50-year anniversary milestone PEACHTREE CITY, Ga. , Dec. 19, 2024 /PRNewswire/ -- Rinnai America Corporation — manufacturer of a leading brand of tankless gas water heaters in North America — is proud to announce a landmark partnership with Homes For Our Troops (HFOT), a nonprofit organization dedicated to building and donating specially adapted custom homes nationwide for severely injured post-9/11 Veterans, to enable them to rebuild their lives. The new agreement makes Rinnai the Official Supplier of water heaters for new homes across the country through 2027. This exclusive collaboration strengthens both organizations' shared commitment to providing Veterans and their families with the resources they need to rebuild their lives after service. Also celebrating 50 years in North America , Rinnai marked the occasion by donating the 5 millionth tankless water heater manufactured at its state-of-the-art facility in Griffin, Georgia for a new home under construction in Texas . "Celebrating 50 years and reaching 5 million tankless water heaters sold in the North American market are significant milestones for us but knowing that our donation is helping a Veteran and their family start a new chapter in life is incredibly meaningful," said Frank Windsor , President, Rinnai America Corporation. "We are honored to help restore some of the freedom and independence to the brave men and women who have sacrificed so much defending our country. Our continued partnership with Homes For Our Troops is a powerful way for us to give back and deliver our brand promise of 'Creating a healthier way of living'." Since its inception in 2004, HFOT has built over 400 homes. Each specially adapted energy efficient home is designed to comfortably raise a family while limiting future expenses. Equipped with Rinnai's durable and highly energy efficient products, the homes constructed as part of this partnership will help reduce the families' long-term utility costs and serve as a safe and welcoming place to call home for years to come. "We are incredibly proud to extend our partnership with Rinnai. The company's passion for assisting Veterans and their families significantly helps us advance our mission of Building Homes and Rebuilding Lives for severely injured post-9/11 Veterans," said HFOT President/CEO, Brig. Gen., USA (Ret) Tom Landwermeyer . "These Veterans face enormous challenges, and through this partnership, we are also providing the comfort and convenience of a high-quality water heater to help create a home that promotes healing and independence." Army SGT Christopher Leverkuhn will receive the 5 millionth product, a SENSEI ® RX Series, for his home currently under construction in Kerrville, Texas . The most advanced condensing tankless water heater on the market, it sets the standard for efficiency at 0.98 UEF and creates a healthier way of living by delivering the ultimate in comfort, smart design and unlimited hot water. Over the next three years, Rinnai will donate appropriate products with features ideal for the hot water demands of each Veterans' home. Many will receive Rinnai's newest condensing tankless water heater, the SENSEI RXP. This product comes equipped with a built-in recirculation pump to deliver faster hot water to the faucet. Rinnai will also provide its RWM200 WiFi module, which can be used with the Rinnai Central TM app to control temperature and recirculation patterns. Veterans may also receive Rinnai's new electric heat pump water heater , one of the most sustainable electric water heating solutions available, meeting highest efficiency standards while reducing energy usage and costs. The agreement highlights the growing commitment of the sustainable manufacturer's corporate responsibility and charitable giving in addressing the needs of Veterans and their families. In addition to HFOT, Rinnai partners with Folds of Honor, a nonprofit organization that provides educational scholarships to the spouses and children of military members who have fallen or been disabled while serving in the United States Armed Forces. These organizations prove that partnerships can lead to lasting change and help those who have given so much for their country. About Homes For Our Troops: Homes For Our Troops (HFOT) is a publicly funded 501(c)(3) nonprofit organization that builds and donates specially adapted custom homes nationwide for severely injured post-9/11 Veterans, to enable them to rebuild their lives. Most of these Veterans have sustained injuries including multiple limb amputations, partial or full paralysis, and/or severe traumatic brain injury (TBI). These homes restore some of the freedom and independence our Veterans sacrificed while defending our country, and enable them to focus on their family, recovery, and rebuilding their lives. Since its inception in 2004, nearly 90 cents of every dollar spent has gone to our program services for Veterans. HFOT builds these homes where the veteran chooses to live and continues its relationship with the Veterans after home delivery to assist them with rebuilding their lives. www.hfotusa.org . About Rinnai: Rinnai America Corporation, a subsidiary of Rinnai Corporation in Nagoya, Japan , was established in 1974 and is headquartered in Peachtree City, Georgia . Rinnai Corporation manufactures gas appliances, including tankless water heaters, a wide range of kitchen appliances, and heating and air conditioning units. As the technology leader in its industry, Rinnai is the largest gas appliance manufacturer in Japan and is the No. 1 selling brand of tankless gas water heaters in the United States and Canada . Annual corporate revenues, including those of its subsidiaries, are in excess of $3.3 billion . With a global perspective to create 21st-century products for the home and business, Rinnai Corporation commits itself to safety and Creating a healthier way of living ® . For more information about Rinnai's entire product line, visit www.rinnai.us . Copyright 2024. All rights reserved. Rinnai ® and Creating a healthier way of living ® are the registered trademarks of Rinnai Corporation used under license by Rinnai America Corporation. View original content to download multimedia: https://www.prnewswire.com/news-releases/rinnai-america-joins-forces-with-homes-for-our-troops-to-aid-injured-veterans-302336611.html SOURCE Rinnai America CorporationThe states Americans left behind to move to Florida — and where people moving out of Florida headed for greener pastures
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On December 10, a federal court in Oregon issued a preliminary injunction against Kroger's proposed $24.6 billion acquisition of Albertsons, which would have been the largest supermarket merger in US history (Albertsons terminated the merger agreement after the ruling). 1 The Federal Trade Commission, the District of Columbia, and eight States filed the suit in February 2024, alleging that the transaction would substantially lessen competition in violation of Section 7 of the Clayton Act. The opinion by Judge Adrienne Nelson tackled a number of interesting antitrust issues, including the government's allegation that the merger would reduce competition not only for grocery store sales but also for union grocery store labor. However, one of the most instructive aspects of the opinion is the court's rejection of the defendants' proposed divestiture package. We have outlined the scope of the competitive problem that the divestiture needed to mitigate, the parameters of the proposed divestiture, and the deficiencies the court found. Companies assuming that divestitures will eliminate regulatory concerns about the anticompetitive impact of a transaction should examine whether there is a divestiture package that is commercially acceptable and that can account for the concerns Judge Nelson highlighted. The antitrust agencies and courts will almost certainly use this latest judicial decision as guidance when evaluating such proposals. Competitive Problem The government's economic expert offered what the court found to be a persuasive market concentration analysis showing the merger would be presumptively anticompetitive in 1,574 local geographic markets for "supermarkets" and 1,785 local geographic markets for "large format stores" (i.e., traditional supermarkets and supercenters, natural and gourmet food stores, club stores, and limited assortment stores). The court also found evidence (ordinary course documents and witness testimony) of substantial head-to-head competition between the merging firms bolstered the government's case. Finally, the court credited the government's expert's analysis showing that the loss of head-to-head competition would lead to price increases at numerous stores. The government thus put forth a multiprong prima facie showing that the merger would lessen competition substantially. On rebuttal, the defendants first sought to establish that competitive entry and merger efficiencies would mitigate the merger's anticompetitive effects, but the court was not convinced. The defendants then attempted to show that their proposed divestiture remedy would solve the competitive concerns. Divestiture Proposal Defendants entered into an agreement — contingent on the merger closing — to divest 96 Kroger stores and 483 Albertsons stores to a third party. The proposed third-party divestiture buyer is primarily a wholesaler but has acquired retail chains in the past and currently operates approximately 25 stores. The divestiture package also included ownership of four store banners, a license to use two other banners in certain states, ownership of five private label brands, a temporary license to use two other brands, six distribution centers, and one dairy manufacturing plant. A transition services agreement provided the divestiture buyer the right to use certain of the defendants' services, technology, and data for periods ranging from six months to four years. Deficiencies The court explained numerous ways in which the Kroger-Albertsons divestiture package was inadequate to sufficiently mitigate the anticompetitive effects of the merger and overcome the government's showing of a substantial lessening of competition: Many markets unaddressed – The court noted that 113 of the presumptively unlawful markets did not contain even a single store to be divested, meaning the divestiture would have done nothing to change the merger's anticompetitive effects in those markets. (The high number of unaddressed markets was in part a function of the fact that the defendants' economic expert utilized a market definition method and applied market concentration presumption thresholds that differed from those the government advanced and the court adopted.) Many markets insufficiently addressed – Other markets contained divestiture stores, but those divestitures were insufficient to take away a presumption of harm. Crediting the government's economic expert, the court noted that even if all the proposed divestitures were perfectly successful, the merger would still have been presumptively unlawful in 1,002 local supermarket markets and 551 large format store markets based on market concentration levels. Risk of unsuccessful divestitures – The court also agreed with the government's analysis showing that if divested stores were to lose sales or close, the number of presumptively problematic markets would rise significantly. For example, if the divested supermarkets were to lose 10 percent of their sales, the number of presumptively unlawful markets would increase from 1,002 to 1,035. If they lose 30 percent of their sales, the number would increase to 1,276. Mixed and matched assets – The divestiture package did not represent an existing, standalone, fully functioning company but rather a mix of stores, banners, private labels, and other assets. This meant the buyer would have had to rebanner 286 of the 579 divested stores (and for some of these stores, the buyer would not be acquiring any banner currently used in the state). The court cited testimony from the government's expert in retail operations and consumer shopping behavior, as well as other witnesses, explaining that rebannering is complicated and risky. The divestiture buyer also would have eventually lost access to many Kroger and Albertsons private label brands that customers are familiar with and would need to replace those with new private label products. The court noted witness testimony emphasizing the importance of private label brand equity and recounting the time required to launch a new private label brand. Divestiture size – The court expressed concern that with only 604 total stores (25 existing stores plus the 579 divested stores), the divestiture buyer may not have replaced the competitive intensity lost from Kroger and Albertsons, each of which had thousands of stores. Divestiture buyer's experience – The court was concerned that the divestiture buyer had no experience running a large portfolio of retail grocery stores. The 579 divestiture stores included hundreds of pharmacies and fuel centers, whereas the buyer's current 25 stores include only one pharmacy and no fuel centers. The court also noted that the buyer's experience offering private label products was much more limited than what the divestiture stores demand and that the buyer currently lacks any retail media capabilities, which would have taken three years to set up. Divestiture buyer's track record – The buyer has made divestiture purchases in the past, which the court noted have not been successful. Specifically, the buyer acquired 334 retail grocery stores between 2001 and 2012, but only three remained under its operation by the end of 2012 (the rest were closed or sold off). The court also cited evidence that the buyer's current stores are performing below expectations. Transfer of employees – Approximately 1,000 Albertsons employees agreed to transfer to the divestiture buyer, including Albertsons' current Chief Operating Officer, who had experience with prior divestiture integrations. The court found, however, that these transfers would not have fully mitigated the buyer's inexperience and lack of success in grocery retail and could not overcome difficulties inherent in the selection of assets and structure of the transition services agreement in the divestiture package. Divestiture buyer's independence – The court viewed the transition services agreement as broad in services and time. It noted that the buyer would remain interdependent with the merged firm for many years. The court expressed particular concern over the fact that Kroger would have provided sales forecasting data and a base pricing plan to the buyer, which the buyer could have adjusted only by communicating with Kroger's "clean room."
Unlike scores of people who scrambled for the blockbuster drugs Ozempic and Wegovy to lose weight in recent years, Danielle Griffin had no trouble getting them. The 38-year-old information technology worker from New Mexico had a prescription. Her pharmacy had the drugs in stock. And her health insurance covered all but $25 to $50 of the monthly cost. For Griffin, the hardest part of using the new drugs wasn’t access. It was finding out that the much-hyped medications didn’t really work for her. “I have been on Wegovy for a year and a half and have only lost 13 pounds,” said Griffin, who watches her diet, drinks plenty of water and exercises regularly. “I’ve done everything right with no success. It’s discouraging.” In clinical trials, most participants taking Wegovy or Mounjaro to treat obesity lost an average of 15% to 22% of their body weight — up to 50 pounds or more in many cases. But roughly 10% to 15% of patients in those trials were “nonresponders” who lost less than 5% of their body weight. Now that millions of people have used the drugs, several obesity experts told The Associated Press that perhaps 20% of patients — as many as 1 in 5 — may not respond well to the medications. It's a little-known consequence of the obesity drug boom, according to doctors who caution eager patients not to expect one-size-fits-all results. “It's all about explaining that different people have different responses,” said Dr. Fatima Cody Stanford, an obesity expert at Massachusetts General Hospital The drugs are known as GLP-1 receptor agonists because they mimic a hormone in the body known as glucagon-like peptide 1. Genetics, hormones and variability in how the brain regulates energy can all influence weight — and a person's response to the drugs, Stanford said. Medical conditions such as sleep apnea can prevent weight loss, as can certain common medications, such as antidepressants, steroids and contraceptives. “This is a disease that stems from the brain,” said Stanford. “The dysfunction may not be the same” from patient to patient. Despite such cautions, patients are often upset when they start getting the weekly injections but the numbers on the scale barely budge. “It can be devastating,” said Dr. Katherine Saunders, an obesity expert at Weill Cornell Medicine and co-founder of the obesity treatment company FlyteHealth. “With such high expectations, there’s so much room for disappointment.” That was the case for Griffin, who has battled obesity since childhood and hoped to shed 70 pounds using Wegovy. The drug helped reduce her appetite and lowered her risk of diabetes, but she saw little change in weight. “It’s an emotional roller coaster,” she said. “You want it to work like it does for everybody else.” The medications are typically prescribed along with eating behavior and lifestyle changes. It’s usually clear within weeks whether someone will respond to the drugs, said Dr. Jody Dushay, an endocrine specialist at Beth Israel Deaconess Medical Center. Weight loss typically begins right away and continues as the dosage increases. For some patients, that just doesn't happen. For others, side effects such as nausea, vomiting and diarrhea force them to halt the medications, Dushay said. In such situations, patients who were counting on the new drugs to pare pounds may think they’re out of options. “I tell them: It's not game over,” Dushay said. Trying a different version of the new class of drugs may help. Griffin, who didn't respond well to Wegovy, has started using Zepbound, which targets an additional hormone pathway in the body. After three months of using the drug, she has lost 7 pounds. “I'm hoping it's slow and steady,” she said. Other people respond well to older drugs, the experts said. Changing diet, exercise, sleep and stress habits can also have profound effects. Figuring out what works typically requires a doctor trained to treat obesity, Saunders noted. “Obesity is such a complex disease that really needs to be treated very comprehensively,” she said. “If what we’re prescribing doesn’t work, we always have a backup plan.” The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Science and Educational Media Group. The AP is solely responsible for all content.
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