Top Democratic group to focus efforts on touting COVID-19 relief bill
Democrats have a delicate balancing act over the next 18 months to retain control of Congress, a reality made clear in a presentation Thursday by a veteran party strategist.
The gorgeous new color arrives just in time for Mother's Day! The post The massively viral Always Pan is now available in terracotta — get yours before it sells out again appeared first on In The Know.
Last night marked the start of the second Ramadan, the month of fasting, under lockdown for Muslims across the UK. For many, this Ramadan will be particularly difficult as there will be empty chairs at the dinner table as they end their fasts at sunset. Despite the initial disparities in the take up of the vaccine within ethnic minority communities, vaccine minister Nadhim Zahawi, who lost his uncle to coronavirus, has empowered places of worship including mosques, churches, synagogues, temples and gurdwaras to become vaccine hubs.
Boris Johnson has a weakness for boosterish language but, for once, his celebration of “another hugely significant milestone” was justified. The vaccine will now become available to those in their late forties — many of whom have already been given the first jab, thanks to the efficient deployment of unused doses by primary care networks. Last week, a cross-party group of 32 MPs and 33 peers wrote to Mr Johnson seeking better and more regular data on long Covid, after the Office for National Statistics disclosed that at least 1.1 million people were already suffering from the syndrome — many more than expected. In this respect, long Covid has much in common with myalgic encephalomyelitis (chronic fatigue syndrome), which is frequently triggered by viral illness and for which, as yet, no approved treatments have been developed.
Stock futures sank Tuesday morning after U.S. federal health officials called for a pause in the rollout of Johnson & Johnson's (JNJ) COVID-19 vaccine amid concerns over rare blood clots in some individuals inoculated with the vaccine.
VAL-D’OR, Quebec, April 13, 2021 (GLOBE NEWSWIRE) -- Following its press release of February 23, 2021, Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the “Company”) announces the execution of a definitive agreements with SOQUEM Inc. (“SOQUEM”) in connection with the acquisition by Cartier of all the rights and interests of SOQUEM (i.e. 50%) in a group of 14 mining claims located 50 km southwest of Chapais in consideration for a purchase price of $700,000 payable as follows: (a) an amount of $300,000 in cash and (b) the issuance of 1,261,431 common shares of Cartier. In addition, SOQUEM transferred to Cartier all of its rights and interests in a group of five (5) contiguous claims, which allows Cartier to hold 100% of an expanded property consisting of 18 mining claims (the “Fenton Property”). Cartier granted SOQUEM a 1% net smelter return (NSR) royalty on the Fenton Property, which can be bought back at any time by Cartier for an amount of $1,000,000 (the “Fenton Royalty”). Cartier has a right of first refusal with respect to any future disposition to a third party by SOQUEM of the Fenton Royalty, subject to certain exceptions. In addition, as part of this transaction, Cartier has agreed to transfer to SOQUEM all of its rights and interests in a group of 39 claims comprising the Cadillac Extension Property. SOQUEM granted Cartier a 1% NSR royalty on the Cadillac Extension Property, which may be bought back at any time by SOQUEM for a consideration of $1,000,000 (the “Cadillac Extension Royalty”). SOQUEM has a right of first refusal with respect to any future disposition to a third party by Cartier of the Cadillac Extension Royalty, subject to certain exceptions. The closing of the transaction will be subject to various conditions, including the receipt by Cartier of the final approval from the TSX Venture Exchange. Highlights of the Fenton Property: The Fenton Property hosts the Fenton gold deposit (FIGURE).This mineralization has all the typical characteristics sought by Cartier, as at the Chimo Mine and Benoist Projects that could rapidly outline high-tonnage mineralization.The Fenton Property, which is easily accessible via forestry road, is located near the mills of the Langlois and Bachelor mines and the future mill of Osisko Mining’s Windfall Project. About SOQUEM SOQUEM, a subsidiary of Investissement Québec, is dedicated to promoting the exploration, discovery and development of mining properties in Quebec. SOQUEM also contributes to maintaining strong local economies. A proud partner and ambassador for the development of Quebec’s mineral wealth, SOQUEM relies on innovation, research and strategic minerals to be well-positioned for the future. About Cartier Cartier Resources Inc., founded in 2006, is based in Val-d’Or, Quebec. This province has consistently ranked as one of the world’s best mining jurisdictions, primarily because of its favourable geology, attractive fiscal environment and pro-mining government. The Company has a strong cash position with more than $10 million and a significant corporate and institutional endorsement, including Agnico Eagle Mines, Jupiter Asset Management and Quebec investment funds.Cartier’s strategy is to focus on gold projects with features that offer the potential for rapid growth.The Company holds a portfolio of exploration projects in the Abitibi Greenstone Belt of Quebec, one of the world’s most prolific mining regions.The Company’s focus is to advance its four key projects through drilling programs. All of the projects were acquired at reasonable costs in recent years and are drill-ready with targets along the geometric extensions of gold deposits.Exploration work is currently focused on the Chimo Mine and Benoist properties to maximize value for investors. Qualified Persons The scientific and technical information on the Company in this news release was prepared and reviewed by Mr. Gaétan Lavallière, P.Geo., Ph.D, Cartier’s Vice-President, and Mr. Ronan Déroff, P.Geo, M.Sc., Senior Geologist, Project Manager and Geomatician, both qualified persons as defined in NI 43-101. Mr. Lavallière approved the information contained in this press release. Cautionary Statement Certain statements contained in this press release constitute forward-looking information under the provisions of Canadian securities laws including statements about the Company’s plans. Such statements are necessarily based upon a number of beliefs, assumptions, and opinions of management on the date the statements are made and are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors should change, except as required by law. For more information, please contact:Philippe Cloutier, P.Geo.President and CEO Telephone: 819 856-0512philippe.cloutier@ressourcescartier.comwww.ressourcescartier.com Neither the TSX Venture Exchange nor its regulatory services provider accepts responsibility for the adequacy or accuracy of this press release.
NEW YORK, April 13, 2021 (GLOBE NEWSWIRE) -- Lowey Dannenberg P.C., a preeminent law firm in obtaining redress for consumers and investors, is investigating claims of violations of federal securities laws on behalf of investors of Plug Power Inc. (“Plug Power” or the “Company”) (NASDAQ: PLUG). If you are a shareholder of Plug Power with more than $300,000 in losses, you should contact the Firm. Plug Power is a developer of hydrogen fuel cell solutions focused on electric motors. According to a recently filed complaint, the Company and its senior management failed to disclose to investors that Plug Power suffered from material weaknesses in its internal controls over financial reporting, including with respect to the classification of certain costs and the recoverability of the right to use assets with certain leases. The truth regarding Plug Power's weaknesses in its internal control over financial reporting was revealed on March 2, 2021, when the Company filed a Notification of Late Filing with the U.S. Securities and Exchange Commission. In that filing, Plug Power stated that it could not timely file its annual report for the period ended December 31, 2020 because it was completing a "review and assessment of the treatment of certain costs with regards to classification between Research and Development versus Costs of Goods Sold, the recoverability of right of use assets associated with certain leases, and certain internal controls over these and other areas." On this news, shares fell $3.68 per share, or 7%, to close at $48.78 on March 2, 2021. Thereafter, on March 16, 2021, Plug Power announced that it would restate its financial statements for fiscal years 2018 and 2019, as well as quarterly reports for 2019 and 2020. By March 17, shares had declined to a closing price of $39.33 per share, down from a March 1 closing price of $52.46 per share. If you purchased Plug Power securities between November 9, 2020 and March 1, 2021, inclusive, you have until May 7, 2021 to ask the Court to appoint you as Lead Plaintiff for the class. To participate, learn more, or discuss the issues surrounding the investigation, please contact our attorneys at (914) 733-7256 or via email at investigations@lowey.com. Whistleblowers: Persons with non-public information regarding Plug Power should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. About Lowey Dannenberg Lowey Dannenberg is a national firm representing institutional and individual investors, who suffered financial losses resulting from corporate fraud and malfeasance in violation of federal securities and antitrust laws. The firm has significant experience in prosecuting multi-million-dollar lawsuits and has previously recovered billions of dollars on behalf of investors. Contact Lowey Dannenberg P.C.44 South Broadway, Suite 1100 White Plains, NY 10601Tel: (914) 733-7256Email: investigations@lowey.com
“Bury the Great Duke with an empire’s lamentation…” The words will have to be changed somewhat but Tennyson’s famous ode on the death of another great personage (the Duke of Wellington) will no doubt be much quoted in coming days. The Duke of Edinburgh could be controversial but, like the Queen, he has been a fixture of many people’s lives from cradle to grave. In a moment in history already characterised by loss and grieving already, the Duke of Edinburgh’s passing has come as very sad news indeed.
Britain is allowing owner Sanjeev Gupta to explore refinancing options for Liberty Steel before offering any potential government support, business secretary Kwasi Kwarteng said on Tuesday. Prime Minister Boris Johnson said this month he was hopeful the government could find a solution for Liberty Steel after its biggest lender Greensill Capital went into insolvency last month. "But we can't strip Liberty Steel in this instance now from the wider group under which it sits."
When did you realise (many) landlords were sadists? My awakening happened several flats ago when my landlord responded to requests to fix the flush on our loo with a directive to “use a bucket” indefinitely. Obviously, you don’t have to be a tyrant to be a landlord — but it helps!
MONACO, April 13, 2021 (GLOBE NEWSWIRE) -- Navios Maritime Acquisition Corporation (“Navios Acquisition” or the “Borrower”) (NYSE: NNA), an owner and operator of tanker vessels, announced that Navios Acquisition entered into a secured loan agreement with a subsidiary of N Shipmanagement Acquisition Corp. (“Lender”), an entity affiliated with Navios Acquisition’s Chairman and Chief Executive Officer, for a loan of up to $100.0 million to be used for general corporate purposes (the “Loan”). The Loan has a term of two years, scheduled amortization and bears interest at a rate of 11% per annum, payable quarterly. The Borrower may elect to defer all scheduled amortization and interest payments, in which case the applicable interest rate is 12.5% per annum. The Loan provides the Lender with an option, exercisable commencing in August 2021, to acquire partnership interests of Navios Maritime Midstream Partners L.P (“Midstream”), the Borrower’s unrestricted subsidiary, by exchanging any portion of amounts outstanding under the Loan for Midstream equity. The exchange rate will be determined based on Midstream’s gross asset value less the amount of Midstream’s indebtedness. Collateral for the Loan consists of: (i) a first priority pledge of the partnership interests of Midstream, which owns 25 tanker vessels (ten LR1 tankers, 14 MR2 tankers and one MR1 tankers); (ii) a first priority pledge of the equity interests in two entities that hold the rights to the bareboat charter-in contracts for two of the Borrower’s VLCC vessels; and (iii) a first priority pledge of the $67.4 million in aggregate principal amount of Navios Acquisition’s First Priority Ship Mortgage Notes due 2021. Navios Acquisition has drawn $18.0 million under the Loan. Special Committee Navios Acquisition’s Board of Directors formed a Special Committee of independent and disinterested directors to evaluate the Loan. The Special Committee, with the assistance of its independent financial and legal advisors, exclusively negotiated the terms of the Loan. About Navios Acquisition Navios Acquisition (NYSE: NNA) is an owner and operator of tanker vessels focusing on the transportation of petroleum products (clean and dirty) and bulk liquid chemicals. For more information about Navios Acquisition, please visit our website: www.navios-acquisition.com. Forward Looking Statements This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and expectations, including with respect to Navios Acquisition’s future dividends, expected cash flow generation and Navios Acquisition’s growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further employment contracts. Words such as “may,” “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations of such words and similar expressions are intended to identify forward-looking statements. Such statements include comments regarding expected revenue and employment contracts. These forward-looking statements are based on the information available to, and the expectations and assumptions deemed reasonable by, Navios Acquisition at the time these statements were made. Although Navios Acquisition believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of Navios Acquisition. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited risks related to: global and regional economic and political conditions including the impact of the COVID-19 pandemic and efforts throughout the world to contain its spread, including effects on global economic activity, demand for seaborne transportation of the products we ship, the ability and willingness of charterers to fulfill their obligations to us and prevailing charter rates, shipyards performing scrubber installations, drydocking and repairs, changing vessel crews and availability of financing; potential disruption of shipping routes due to accidents, diseases, pandemics, political events, piracy or acts by terrorists, including the impact of the COVID-19 pandemic and the ongoing efforts throughout the world to contain it; the creditworthiness of our charterers and the ability of our contract counterparties to fulfill their obligations to us; tanker industry trends, including charter rates and vessel values and factors affecting vessel supply and demand; the aging of our vessels and resultant increases in operation and dry docking costs; the loss of any customer or charter or vessel; our ability to repay outstanding indebtedness, to obtain additional financing and to obtain replacement charters for our vessels, in each case, at commercially acceptable rates or at all; increases in costs and expenses, including but not limited to crew wages, insurance, provisions, port expenses, lube oil, bunkers, repairs, maintenance and general and administrative expenses; the expected cost of, and our ability to comply with, governmental regulations and maritime self-regulatory organization standards, as well as standard regulations imposed by our charterers applicable to our business; potential liability from litigation and our vessel operations, including discharge of pollutants; general domestic and international political conditions; competitive factors in the market in which Navios Acquisition operates; operations outside the United States; and other factors listed from time to time in Navios Acquisition’s filings with the SEC, including its annual and interim reports filed on Form 20-F and Form 6-K. Navios Acquisition expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in Navios Acquisition’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Navios Acquisition makes no prediction or statement about the performance of its common stock. Public & Investor Relations Contact: Navios Maritime Acquisition Corporation +1.212.906.8644 info@navios-acquisition.com
A TikTok user is going viral after revealing a McDonald’s menu hack that claims to get customers free food “every time” they eat at the chain.
Dublin, April 13, 2021 (GLOBE NEWSWIRE) -- The "Directory, Mailing List, and Other Publishers Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. This report provides strategists, marketers and senior management with the critical information they need to assess the global directory, mailing list, and other publishers market as it emerges from the COVID-19 shut down. The global directory, mailing list, and other publishers market is expected to grow from $28. 74 billion in 2020 to $31. 02 billion in 2021 at a compound annual growth rate (CAGR) of 7. 9%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $34. 76 billion in 2025 at a CAGR of 3%. Companies Mentioned Thomson ReutersNielsen HoldingsYP Holdings LLCDex Media Inc.Gannett Reasons to Purchase Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.Create regional and country strategies on the basis of local data and analysis.Identify growth segments for investment.Outperform competitors using forecast data and the drivers and trends shaping the market.Understand customers based on the latest market research findings.Benchmark performance against key competitors.Utilize the relationships between key data sets for superior strategizing.Suitable for supporting your internal and external presentations with reliable high quality data and analysis Description: Where is the largest and fastest growing market for directory, mailing list, and other publishers? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Directory, Mailing List, and Other Publishers market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography. It places the market within the context of the wider directory, mailing list, and other publishers market, and compares it with other markets. The market characteristics section of the report defines and explains the market.The market size section gives the market size ($b) covering both the historic growth of the market, the impact of the COVID-19 virus and forecasting its recovery.Market segmentations break down market into sub markets.The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery trajectory of COVID-19 for all regions, key developed countries and major emerging markets.Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.The directory, mailing list, and other publishers market section of the report gives context. It compares the directory, mailing list, and other publishers market with other segments of the print media market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, directory, mailing list, and other publishers indicators comparison. Major companies in the directory, mailing list and other publishers market include Thomson Reuters; Nielsen Holdings; YP Holdings LLC; Dex Media Inc. and Gannett. The directory, mailing list and other publishers market consists of revenues generated by entities (organizations, sole traders or partnerships) that publish directories, mailing lists, and collections or compilations of fact. These establishments may publish directories and mailing lists in print or electronic form. The products are typically protected in their selection, arrangement and/or presentation. Examples are lists of mailing addresses, telephone directories, directories of businesses, collections or compilations of proprietary drugs or legal case results, compilations of public records, etc. The directory, mailing list and other publishers market is segmented into directory and mailing list and other publishers. North America was the largest region in the global directory, mailing list, and other publishers market, accounting for 40% of the market in 2020. Asia Pacific was the second largest region accounting for 37% of the global directory, mailing list, and other publishers market. Africa was the smallest region in the global directory, mailing list, and other publishers market. Directory, Mailing List, and Other Publishers market is currently experiencing significant transformations with the advent of new technologies. These are providing a multitude of new platforms to disseminate the content in innovative ways. Publishers of directories and mailing list have changed their distribution approaches by introducing digital offerings and services which can cater for the needs of the consumers.Key Topics Covered: 1. Executive Summary 2. Report Structure 3. Directory, Mailing List, and Other Publishers Market Characteristics 3.1. Market Definition 3.2. Key Segmentations 4. Directory, Mailing List, and Other Publishers Market Product Analysis 4.1. Leading Products/ Services 4.2. Key Features and Differentiators 4.3. Development Products 5. Directory, Mailing List, and Other Publishers Market Supply Chain 5.1. Supply Chain 5.2. Distribution 5.3. End Customers 6. Directory, Mailing List, and Other Publishers Market Customer Information 6.1. Customer Preferences 6.2. End Use Market Size and Growth 7. Directory, Mailing List, and Other Publishers Market Trends and Strategies 8. Impact of COVID-19 on Directory, Mailing List, and Other Publishers 9. Directory, Mailing List, and Other Publishers Market Size and Growth 9.1. Market Size 9.2. Historic Market Growth, Value ($ Billion) 9.2.1. Drivers of the Market 9.2.2. Restraints on the Market 9.3. Forecast Market Growth, Value ($ Billion) 9.3.1. Drivers of the Market 9.3.2. Restraints on the Market 10. Directory, Mailing List, and Other Publishers Market Regional Analysis 10.1. Global Directory, Mailing List, and Other Publishers Market, 2020, by Region, Value ($ Billion) 10.2. Global Directory, Mailing List, and Other Publishers Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region 10.3. Global Directory, Mailing List, and Other Publishers Market, Growth and Market Share Comparison, by Region 11. Directory, Mailing List, and Other Publishers Market Segmentation11.1. Global Directory, Mailing List, and Other Publishers Market, Segmentation by Type11.2. Global Directory, Mailing List, and Other Publishers Market, Segmentation by Application 12. Directory, Mailing List, and Other Publishers Market Metrics 12.1. Directory, Mailing List, and Other Publishers Market Size, Percentage of GDP, 2015-2025, Global 12.2. Per Capita Average Directory, Mailing List, and Other Publishers Market Expenditure, 2015-2025, Global 13. Asia-Pacific Directory, Mailing List, and Other Publishers Market 14. Western Europe Directory, Mailing List, and Other Publishers Market 15. Eastern Europe Directory, Mailing List, and Other Publishers Market 16. North America Directory, Mailing List, and Other Publishers Market 17. South America Directory, Mailing List, and Other Publishers Market 18. Middle East Directory, Mailing List, and Other Publishers Market 19. Africa Directory, Mailing List, and Other Publishers Market 20. Directory, Mailing List, and Other Publishers Market Competitive Landscape 20.1. Competitive Market Overview 20.2. Market Shares 20.3. Company Profiles 20.3.1. Thomson Reuters 20.3.1.1. Company Overview 20.3.1.2. Products and Services 20.3.1.3. Strategy 20.3.1.4. Financial Performance 20.3.2. Nielsen Holdings 20.3.2.1. Company Overview 20.3.2.2. Products and Services 20.3.2.3. Strategy 20.3.2.4. Financial Performance 20.3.3. YP Holdings LLC 20.3.3.1. Company Overview 20.3.3.2. Products and Services 20.3.3.3. Strategy 20.3.3.4. Financial Performance 20.3.4. Dex Media Inc. 20.3.4.1. Company Overview 20.3.4.2. Products and Services 20.3.4.3. Strategy 20.3.4.4. Financial Performance 20.3.5. Gannett 20.3.5.1. Company Overview 20.3.5.2. Products and Services 20.3.5.3. Strategy 20.3.5.4. Financial Performance 21. Key Mergers and Acquisitions in the Directory, Mailing List, and Other Publishers Market 22. Market Background: Print Media Market 22.1. Print Media Market Characteristics 22.2. Print Media Market Historic and Forecast, 2015-2020, 2020-2025F, 2030F Growth, by Segment, Value ($ Billion), Global 22.3. Global Print Media Market, 2020, by Region, Value ($ Billion) 22.4. Global Print Media Market, 2015-2020, 2020-2025F, 2030F, Historic and Forecast, by Region 22.5. Global Print Media Market, 2015-2020, 2020-2025F, 2030F, Segmentation by Type, Value ($ Billion) 23. Recommendations 23.1. Global Directory, Mailing List, and Other Publishers Market in 2025- Growth Countries 23.2. Global Directory, Mailing List, and Other Publishers Market in 2025- Growth Segments 23.3. Global Directory, Mailing List, and Other Publishers Market in 2025- Growth Strategies 24. Appendix 25. Copyright and Disclaimer For more information about this report visit https://www.researchandmarkets.com/r/qtfany CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
‘Sadly, we will see more hospitalizations and deaths – and people have just got to understand that’
Their share prices have been soaring this year, but investors may want to consider cashing out before it's too late.
(Bloomberg) -- U.S. consumer prices climbed in March by more than forecast, adding to evidence of budding inflationary pressures as the economy reopens and demand strengthens.The consumer price index increased 0.6% in March from the prior month after a 0.4% gain in February, according to Labor Department data Tuesday. The median estimate in a Bloomberg survey of economists called for a 0.5% advance.Excluding volatile food and energy components, the so-called core CPI increased 0.3% from a month earlier.The monthly advance in the widely followed index led to an outsize 2.6% increase in the overall CPI from March 2020, when the pandemic depressed demand and pricing power. The core measure rose 1.6% from 12 months ago.The year-over-year changes are distorted by a phenomenon known as the base effect. The CPI, like many other economic data points, declined at the start of the pandemic amid lockdowns and widespread business closures. When compared to those depressed figures, the year-over-year increases for March-May will appear abnormally large.While many bond traders have priced in the expected anomalies in the CPI data Tuesday because of base effects, investors have also been on watch for a catalyst to move yields higher. After a spike that last month took the 10-year rate above 1.77%, the benchmark has hovered close to 1.7% in recent sessions.The latest figures on consumer prices add fuel to an already heated debate about the path of inflation in the U.S., especially on the heels of last week’s Labor Department data showing a stronger-than-expected surge in producer prices.Some analysts and economists argue a wave of pent-up demand paired with trillions of dollars in government spending will spur a sustained upward movement in inflation. Meanwhile, Federal Reserve officials, including Chair Jerome Powell, have said any meaningful increase in prices will likely prove temporary.Read More: Bond Market’s Stalled-Out Reflation Trade Needs Actual InflationAmid supply chain bottlenecks, supply shortages and surging input costs, producers are already feeling the pinch of rising costs. While not all cost increases will be pushed through to consumers -- given a variety of different measures firms can take to offset costs -- sustained pressures in the production pipeline raise the risk of an acceleration in consumer inflation.Recent survey data highlighted developing cost pressures. The Institute for Supply Management’s latest figures showed more than half of service providers reported paying higher prices in March, the largest share since 2011. The ISM’s manufacturing survey showed about 72% of manufacturers said the same -- the second-most since 2008.Recently, some company executives have mentioned plans to raise prices for their products.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
A 28-year-old solicitor is among the first people in England to receive the Mordena vaccine as the country begins its rollout. Emily Sanderson received the jab, which had a 94.1 per cent efficacy against the disease in phase three trials, at the Sheffield Arena vaccination centre. Ms Sanderson, who has an underlying health condition, was due to receive the AstraZeneca vaccine but it was changed to Moderna, the NHS said.
A new TikTok trend has users sharing the biggest “adult problems” that no one prepared them for — and the results are so, so relatable.
ESCONDIDO, Calif., April 13, 2021 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS), a leader in specialized high-performance edge computing, will host a webinar with a guest speaker from KIOXIA America (KIOXIA). The webinar will discuss collecting, encrypting, and creating value quickly from large AI datasets in Defense, Aerospace, Autonomous Vehicles and Security with no-compromise, and AI Transportable™ infrastructure at the edge. All AI data workflows begin with acquiring and storing data before training AI models and deploying AI inference solutions. In edge applications, such as autonomous driving, military surveillance and video analytics, the proliferation of data from potentially thousands of high-bandwidth sensors and video sources requires high-capacity, high-endurance storage solutions in PCIe® 4.0-based systems that can survive in harsh environments. These storage solutions also require high-speed and low latency data transfer performance to feed the AI compute engines. The speakers for this webinar will include Jim Ison, OSS chief sales and marketing officer, as well as Matt Hallberg, senior product marketing manager of Enterprise SSDs at KIOXIA America. Topic: Turning Large Dataset IP into AI “Gold” Tuesday, April 20, 2021 9:00 a.m. Pacific timeRegister for free here. In this webinar, speakers from OSS and KIOXIA will explain the state-of-the-art all-flash-AI-data acquisition and storage systems that allow AI firms to collect, store and serve AI datasets on the edge. These datasets are quickly turned into an actionable, revenue generating asset with a particular focus on data security. The speakers will describe how advancements in features, design, power and cooling have been made to allow these solutions to be deployed in rugged edge environments. Hallberg will describe KIOXIA’s advancements in NVMe® technology and how the company has created drives ideal for AI applications from the datacenter to the edge. The speakers will also discuss a multi-tiered approach to data security and meeting stringent FIPS 140-2 level requirements at the drive, system or private network level to keep AI dataset IP secure. About KIOXIAKIOXIA America, Inc. is the U.S.-based subsidiary of KIOXIA Corporation, a leading worldwide supplier of flash memory and solid state drives (SSDs). From the invention of flash memory to today’s breakthrough BiCS FLASH™ 3D technology, KIOXIA continues to pioneer innovative memory, SSD and software solutions that enrich people’s lives and expand society's horizons. The company’s innovative 3D flash memory technology, BiCS FLASH, is shaping the future of storage in high-density applications, including advanced smartphones, PCs, SSDs, automotive, and data centers. For more information, please visit www.kioxia.com. About One Stop SystemsOne Stop Systems, Inc. (OSS) designs and manufactures innovative AI Transportable edge computing modules and systems, including ruggedized servers, compute accelerators, expansion systems, flash storage arrays and Ion Accelerator™ SAN, NAS and data recording software for AI workflows. These products are used for AI data set capture, training, and large-scale inference in the defense, oil and gas, mining, autonomous vehicles and rugged entertainment applications. OSS utilizes the power of PCI Express, the latest GPU accelerators and NVMe storage to build award-winning systems, including many industry firsts, for industrial OEMs and government customers. The company enables AI on the Fly® by bringing AI datacenter performance to ‘the edge’, especially on mobile platforms, and by addressing the entire AI workflow, from high-speed data acquisition to deep learning, training and inference. OSS products are available directly or through global distributors. For more information, go to www.onestopsystems.com. Forward-Looking StatementsOne Stop Systems cautions you that statements in this press release that are not a description of historical facts are forward-looking statements. These statements are based on the company’s current beliefs and expectations. These forward-looking statements include statements regarding the use of our products and applications in certain industries. The inclusion of forward-looking statements should not be regarded as a representation by One Stop Systems or its partners that any of our plans or expectations will be achieved. Actual results may differ from those set forth in this press release due to the risk and uncertainties inherent in our business, including, without limitation: risks associated with the fitness of One Stop Systems’ products and applications in certain industry sectors such as for defense, aerospace, autonomous vehicles and security, the ability of OSS and KIOXIA to turn customer AI data into revenue for our customers or the security of that data; risks associated with the performance of our products that are combined into a third party’s product, system, or application; and other risks described in our prior press releases and in our filings with the Securities and Exchange Commission (SEC), including under the heading “Risk Factors” in our Annual Report on Form 10-K and any subsequent filings with the SEC. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and we undertake no obligation to revise or update this press release to reflect events or circumstances after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Trademarks in this press release are the property of their respective owners. Media Contact: Katie RiveraOne Stop Systems, Inc. Tel (760) 745-9883Email contact Investor Relations:Ronald Both or Grant StudeCMATel (949) 432-7557 Email contact
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Resonant’s Intellectual Property Portfolio Increases to Over 320 Patents Issued and PendingAUSTIN, Texas., April 13, 2021 (GLOBE NEWSWIRE) -- Resonant Inc. (NASDAQ: RESN), a provider of radio frequency (RF) filter solutions developed on a robust intellectual property platform, designed to connect People and Things, has provided a preliminary corporate update for the three months ended March 31, 2021. First Quarter 2021 Company Highlights Resonant’s customers shipped a record 8.6 million radio frequency (RF) filters designed using the Company’s ISN® design technology in the first quarter of 2021, representing an approximate 437% increase from the same year-ago period and a sequential increase of approximately 25%. To-date, Resonant’s customers have shipped over 61 million RF filter units.The Company’s robust patent portfolio grew to over 320 patents filed and issued as of March 31, 2021, greater than 165 of which are related to Resonant’s proprietary XBAR® and high frequency technologies. Patent count at the end of 2020 was over 300 total patents with greater than 150 focused on XBAR.Signed an extension to its licensing agreement with an existing Tier-1 Chinese foundry partner, collecting prepaid royalty revenues for multiple RF filter designs to address the China mobile handset market.Became an official member of the Wi-Fi Alliance, a global non-profit industry association of companies who share a vision of seamless connectivity. Resonant’s proprietary XBAR® technology is ideally suited for high-frequency 5 and 6 GHz Wi-Fi applications, such as Wi-Fi 6E, a rapidly emerging segment of the market.Appointed technical thought leaders Larry Larson, PhD, Jianming Jin, PhD, Gabriel Rebeiz, PhD, and Raafat Mansour, PhD to the Company’s newly formed Technical Committee to its Advisory Board, with the goal of advancing XBAR® adoption and development efforts.Revenues in the first quarter of 2021 were in-line with previously issued guidance. Management Commentary “Resonant’s clients accelerated unit shipment volumes in the first quarter, providing continued validation that the RF filters designed on our ISN® design platform are highly desirable,” said George B. Holmes, Chairman and CEO of Resonant. “This continued traction is a testament to the performance, predictability and time-to-market advantage delivered by our platform, which we believe will result in an increased number of prepaid royalty deals moving forward. This is evidenced by our recent prepaid royalty agreement with our tier-1 Chinese foundry partner. “During the quarter we continued to strengthen our intellectual property portfolio, bringing our total patent count to over 320. We have focused primarily on our XBAR® technology, to strategically position Resonant as a leader in the much-anticipated performance of next-generation networks such as 5G, Wi-Fi and Ultra-wideband (UWB), as well as the unique applications that they enable when used in conjunction with Resonant’s high-performance RF filters.” “Our financial results for the quarter are in line with previously issued guidance. We continue to expect non-linear revenue amounts from quarter to quarter as a result of revenue recognition for our prepaid royalty deals. Looking ahead, we anticipate the ongoing acceleration of unit shipment volumes with our existing customers, as well as additional prepaid royalty agreements. Notably, we are expanding our partner search for non-mobile applications and began sampling XBAR® Wi-Fi devices to non-mobile customers in the first quarter of 2021. We look forward to sharing our full first quarter results with our shareholders in May,” concluded Holmes. About Resonant Inc. Resonant (NASDAQ: RESN) is transforming the market for RF front-ends (RFFE) by disrupting the RFFE supply chain through the delivery of solutions that leverage our Infinite Synthesized Network (ISN) design platform, capitalize on the breadth of our IP portfolio, and are delivered through our services offerings. In a market that is critically constrained by limited designers, tools and capacity, Resonant addresses these critical problems by providing customers with ever increasing design efficiency, reduced time to market and lower unit costs. Customers leverage Resonant’s disruptive capabilities to design cutting edge filters and modules, while capitalizing on the added stability of a diverse supply chain through Resonant’s fabless ecosystem-the first of its kind. Working with Resonant, customers enhance the connectivity of current mobile devices, while preparing for the demands of emerging 5G applications. To learn more about Resonant, view the series of videos published on its website that explain Resonant's technologies and market positioning: Resonant Corporate VideoISN® Design Technology and XBAR: Speeding the Transition to 5GExpert Insights on Unlocking the Potential of 5GThe Technology Enabling the Transition to 5G For more information, please visit www.resonant.com. Resonant uses its website (https://www.resonant.com) and LinkedIn page (https://www.linkedin.com/company/resonant-inc-/) as channels of distribution of information about its products, its planned financial and other announcements, its attendance at upcoming investor and industry conferences, and other matters. Such information may be deemed material information, and Resonant may use these channels to comply with its disclosure obligations under Regulation FD. Therefore, investors should monitor the company’s website and its social media accounts in addition to following the company’s press releases, SEC filings, public conference calls, and webcasts. About Resonant’s ISN® Design Technology Resonant can create designs for difficult bands, modules and other complex RF Front End requirements that we believe have the potential to be manufactured for half the cost and developed in half the time of traditional approaches. ISN® is a suite of proprietary mathematical methods, software design tools and network synthesis techniques that enable us to explore a much larger set of possible design solutions that regularly incorporate our proprietary technology. We then quickly deliver design simulations to our customers, which they manufacture or have manufactured by one of our foundry partners. These improved solutions still use Surface Acoustic Wave (SAW) or Temperature Compensated Surface Acoustic Wave (TC-SAW) manufacturing methods and perform as well as those using higher cost manufacturing methods such as Bulk Acoustic Wave (BAW). Resonant's method delivers excellent predictability, enabling achievement of the desired product performance in roughly half as many turns through the fab. In addition, because Resonant's models are fundamental, integration with its foundry and fab customers is seamless because its models speak the "fab language" of basic material properties and dimensions. Safe Harbor / Forward-Looking Statements This press release contains forward-looking statements, which include the following subjects, among others: the capabilities of our filter designs and software tools, the timing and amount of future unit shipments and revenues, and our preliminary unaudited financial results for the recently completed quarter. Forward-looking statements are made as of the date of this document and are inherently subject to risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, including, without limitation, the following: risks related to changes in Resonant’s preliminary unaudited financial results for the recently completed quarter based on the completion of our financial statement closing procedures and the review by our independent registered public accounting firm of such financial statements; our limited operating history; our ability to complete designs that meet customer specifications; the ability of our customers (or their manufacturers) to fabricate our designs in commercial quantities; our customers’ ability to sell products incorporating our designs to their OEM customers; changes in our expenditures and other uses of cash; the ability of our designs to significantly lower costs compared to other designs and solutions; the risk that the intense competition and rapid technological change in our industry renders our designs less useful or obsolete; our ability to find, recruit and retain the highly skilled personnel required for our design process in sufficient numbers to support our growth; our ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Annual Report (Form 10-K) or Quarterly Report (Form 10-Q) filed with the Securities and Exchange Commission. Forward-looking statements are made as of the date of this release, and we expressly disclaim any obligation or undertaking to update forward-looking statements. Investor Relations Contact:Greg Falesnik or Brooks HamiltonMZ Group - MZ North America (949) 546-6326 RESN@mzgroup.us