Joe Buck, Troy Aikman defend Indiana Hoosiers' College Football Playoff placement after opening round loss | Sporting NewsExploration and evaluation of strategic alternatives continue WESTPORT, Conn., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Portage Biotech Inc. ("Portage” or the "Company”) (NASDAQ: PRTG), a clinical-stage immuno-oncology company with a portfolio of novel multi-targeted therapies for use as monotherapy and in combination, today reported its financial results for the fiscal quarter ended September 30, 2024. "We are continuing to explore multiple strategic alternatives to further unlock shareholder value. These may include finding a partner for one or more of our assets, a sale of our company, a merger, restructurings (both in and out of court), a company wind down, further financing efforts, or other strategic actions,” said Dr. Ian Walters, Chief Executive Officer and Chairman of Portage. "The ADPORT-601 trial is paused for further patient accrual pending additional financial resources, and we are analyzing the data. We also continue our collaborations with numerous experts to further understand the biology and utility of our product candidates,” continued Dr. Walters. Financial Results for the Quarter Ended September 30, 2024 The Company incurred a net loss of approximately $1.4 million during the three months ended September 30, 2024 (the "Fiscal 2025 Quarter”), compared to a net loss of approximately $5.2 million during the three months ended September 30, 2023 (the "Fiscal 2024 Quarter”), representing a $3.8 million decrease quarter-over-quarter. Operating expenses, including research and development ("R&D”) costs and general and administrative ("G&A”) expenses, were $1.6 million in the Fiscal 2025 Quarter, down from $5.9 million in the Fiscal 2024 Quarter, a decrease of $4.3 million, as detailed below. R&D costs decreased by approximately $3.5 million, or approximately 83%, from approximately $4.2 million in the Fiscal 2024 Quarter to approximately $0.7 million in the Fiscal 2025 Quarter. The decrease was primarily attributable to the winding down of clinical trial costs (principally CRO-related), which decreased by approximately $1.6 million, from $2.0 million in the Fiscal 2024 Quarter to $0.4 million in the Fiscal 2025 Quarter, as activities ramped down throughout the period since we made the decision to pause enrollment in our sponsored clinical trials in the third and fourth quarters of Fiscal 2024. Manufacturing-related costs decreased by $0.9 million, from $1.0 million in the Fiscal 2024 Quarter to $0.029 million in the Fiscal 2025 Quarter. These decreases reflect the winding down of clinical activity and manufacturing-related costs resulting from our decision to discontinue our sponsored clinical trial for the iNKT program and pause further patient accrual to our sponsored adenosine program. R&D non-cash share-based compensation expense decreased from $0.4 million in the Fiscal 2024 Quarter to nil in the Fiscal 2025 Quarter. Payroll-related expenses decreased by $0.1 million, from $0.37 million in the Fiscal 2024 Quarter to $0.24 million in the Fiscal 2025 Quarter, due to the resignation of two employees in January 2024. Additionally, consulting fees decreased by approximately $0.2 million from $0.25 million in the Fiscal 2024 Quarter to $0.03 million in the Fiscal 2025 Quarter, to reflect the decrease in activity period-over-period. Finally, licensing fees decreased by approximately $0.1 million due to licensing fees paid to the licensor of certain intellectual property utilized in the iNKT clinical trial in Fiscal 2024 Quarter compared to nil in Fiscal 2025 Quarter as the iNKT clinical trial was discontinued in the latter half of Fiscal 2024. G&A expenses decreased by approximately $0.8 million, or approximately 48%, from approximately $1.7 million in the Fiscal 2024 Quarter to approximately $0.9 million in the Fiscal 2025 Quarter. Professional fees decreased by $0.4 million, from $0.8 million in the Fiscal 2024 Quarter to $0.4 million in the Fiscal 2025 Quarter. Payroll-related expenses decreased by $0.1 million from $0.2 million in the Fiscal 2024 Quarter to $0.1 million in the Fiscal 2025 Quarter. The decrease in professional fees and payroll-related expenses is due to the accrual of the monthly fees and payments for the entire second quarter in the first quarter for a consultant and employee in connection with certain Retention Agreements entered into on July 22, 2024. Additionally, G&A non-cash share-based compensation expense decreased by $0.2 million due to the continued vesting of stock options, partially offset by recording all share-based compensation expense as G&A expenses as the result of the discontinuation of the iNKT trial and the pause of further patient accrual in the adenosine program. Finally, directors' fees decreased by $0.1 million in the Fiscal 2025 Quarter, compared to the Fiscal 2024 Quarter, as all directors, except for two directors who resigned in April 2024, waived their fees in the Fiscal 2025 Quarter. The primary reasons for the quarter-over-quarter differences in the Company's pre-tax items of income and expense were the $0.9 million net gain from the settlement and release of obligations and liabilities under the Master Services Agreement between iOx and Parexel partially offset to some extent by the $0.7 million non-cash loss from the change in the fair value of certain warrants accounted for as liabilities, issued in connection with a private placement offering in October 2023, both in the Fiscal 2025 Quarter, and a non-cash loss from the increase in the fair value of the deferred purchase price payable to the former Tarus shareholders and the deferred obligation for the iOx milestone, totaling $0.1 million, in the Fiscal 2024 Quarter. As of September 30, 2024, the Company had cash and cash equivalents of approximately $1.8 million and total current liabilities of approximately $0.9 million. About Portage Biotech Inc. Portage is a clinical-stage immuno-oncology company with a portfolio of multi-targeted therapies to extend survival and significantly improve the lives of patients with cancer. The Company has made the decision to discontinue its sponsored trial for its the invariant natural killer T-cell (iNKT) program and pause further patient accrual to its sponsored adenosine trial program (ADPORT-601 trial) for its potentially best-in-class adenosine antagonists PORT-6 (adenosine 2A inhibitor) and PORT-7 (adenosine 2B inhibitor). The Company is exploring strategic alternatives, which may include finding a partner for one or more of its assets, a sale of the company, a merger, restructurings, both in and out of court, a company wind down, further financing efforts or other strategic actions. For more information, please visit www.portagebiotech.com or find us on LinkedIn at Portage Biotech Inc. Forward-Looking Statements All statements in this news release, other than statements of historical facts, including without limitation, statements regarding about the Company's information that are forward-looking in nature and, business strategy, plans and objectives of management for future operations and those statements preceded by, followed by or that otherwise include the words "believe," "expects," "anticipates," "intends," "estimates," "will,” "may,” "plan,” "potential,” "continue,” or similar expressions or variations on such expressions are forward-looking statements. For example, statements regarding the Company's plans to continue exploring strategic alternatives, which may include finding a partner for one or more of its assets, a sale of the company, a merger, restructurings (both in and out of court), a company wind down, further financing efforts, or other strategic actions, the Company's expectation to replace one patient in the ADPORT-601 trial, and the Company's plans to continue its collaborations with numerous experts to further understand the biology and utility of its product candidates are forward-looking statements. As a result, forward-looking statements are subject to certain risks and uncertainties, including, but are not limited to: the Company's plans and ability to develop and commercialize product candidates and the timing of these development programs; the Company's clinical development of its product candidates, including the results of current and future clinical trials; the benefits and risks of the Company's product candidates as compared to others; the Company's maintenance and establishment of intellectual property rights in its product candidates; the Company's ability to obtain financing in the future to cover its operational costs and progress its plans for clinical development, its estimates regarding its capital requirements, and its ability to continue as a going concern; the Company's estimates of future revenues and profitability; the Company's estimates of the size of the potential markets for its product candidates; its selection and licensing of product candidates; and other factors set forth in "Item 3 - Key Information-Risk Factors” in the Company's Annual Report on Form 20-F for the year ended March 31, 2024 2024 and "Business Environment - Risk Factors” in the Company's Management's Discussion and Analysis for the Three and Six Months ended September 30, 2024 filed as Exhibit 99.2 to the Company's Form 6-K. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, undue reliance should not be placed on them as actual results may differ materially from these forward-looking statements. The forward- looking statements contained in this news release are made as of the date hereof, and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, except as required by law. FOR MORE INFORMATION, PLEASE CONTACT: Investor Relations: [email protected] Media Relations: [email protected] ---tables to follow--- PORTAGE BIOTECH INC. Condensed Consolidated Interim Statements of Operations and Other Comprehensive Income (Loss) (U.S. Dollars in thousands, except per share amounts) (Unaudited) September 30, September 30, Tarus and deferred obligation - iOx milestone ) ) PORTAGE BIOTECH INC. Condensed Consolidated Interim Statements of Financial Position (U.S. Dollars in thousands) (Unaudited) 2024 2024Underrated Canadian Stocks to Buy Now Before They Rally
( MENAFN - EIN Presswire) RUDY LIRA KUSUMA PARTNER Real Estate +1 626-789-0159 ...estate Visit us on social media: Facebook X LinkedIn Instagram YouTube TikTok Other Partner Real Estate Christmas Party 2024 🎄 | [Extended Edit] Festive Highlights & Fun Moments! Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above. MENAFN23122024003118003196ID1109025459 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.A step-by-step guide to renovating a neglected garden
Michael Croley | (TNS) Bloomberg News In the old days of 2016, when golfers visited the Dormie Club in West End, North Carolina — 15 minutes from the hotbed of American golf, Pinehurst — they were greeted by a small, single-wide trailer and a rugged pine straw parking lot. Related Articles Travel | A preview of some stunning hotels and resorts opening in 2025 Travel | Travel scams that can hurt your credit or finances Travel | Travel: Paddle the Loxahatchee River, one of two National Wild and Scenic Rivers in Florida Travel | 7 family-friendly ski resorts in the US that won’t break the bank Travel | It’s beginning to look like another record for holiday travel That trailer is now long gone. A gate has been installed at the club’s entrance and a long driveway leads to a grand turnaround that sweeps you past a new modern clubhouse that’s all right angles, with floor-to-ceiling glass. Seconds after you exit your car, valets are zipping up in golf carts, taking your name, then your bags, handing you keys to your own golf cart, and then zipping off to drop your luggage in the four-bedroom cottage where you’ll stay. A short walk past an expansive putting green you’ll find the pro shop — and then you’ll see the club’s most elegant feature: its golf course. The changes have all come about because Dormie Club was acquired in 2017 by the Dormie Network, a national group that owns seven private golf facilities from Nebraska to New Jersey. (“Dormie” is a word for being ahead in golf — the names were coincidences.) A key to the network’s success has been its ability to find clubs ripe for acquisition, with outstanding golf courses and existing on-site lodging or the room to build it, says Zach Peed, president of the company and its driving force. After investing in Arbor Links Golf Club in Nebraska City, Nebraska, in late 2015, Peed believed he saw an opening in the golf market: a new model of hospitality for traveling professionals who wanted a pure golf experience that eschewed the pools and pickleball courts of their home clubs. His clubs would become dream golf-only getaways for avid players and their pals. “Dormie Network’s concept was sparked by having played competitive golf in college, combined with an element of experiencing and understanding hospitality,” says Peed. “It made sense to blend the two to create golf trips that had more value than just playing golf. We want genuine hospitality to help create unforgettable memories and new friendships.” Part of that formula has been in the lodging strategy; in North Carolina, 15 four-bedroom cottages now are a short golf cart ride from the main clubhouse. In each, golfers all have their own king-size bed and en suite bathroom. A large common room is dominated by a flatscreen television along with a well-stocked bar and snacks. That ability to be both social, or tucked away in your room, extends to the expansive new clubhouse, where a high-ceilinged bar area with blond wood creates an inviting space for dining and drinking, and several hideaway rooms allow for more private diners with just your group. So far, their commitment to hospitality has been helping them expand in both membership and club usage in the increasingly competitive market for traveling golfers. Major players such as Bandon Dunes, Pinehurst Resort, and the Cabot Collection have created — or renovated — a new paradigm where golfers get dining and lodging that’s as showcase-worthy as the courses they play. Comfortable sheets and options beyond pub food aren’t luxuries anymore, but staples for many group trips. Dormie has answered that call by focusing on both the big details and the small ones, like having the dew wiped off each golf cart at dawn outside guest cottages before the day begins or having a tray of cocktails delivered to golfers as their final putt falls on the 18th green. These touches may seem over-the-top, but they stand out in a world where golf travel is increasingly popular — and expensive — after the pandemic lockdowns. Since 2020 there has been an explosion in participation in the sport, with new golfers picking up the game and avid golfers playing more: According to the National Golf Foundation, a record 531 million rounds were played in 2023, surpassing the high of 529 million set in 2021. Supreme Golf, a public golf booking website, reports in its latest analysis that the average cost of a tee time has increased to $49 in 2024 from $38 in 2019, a 30% increase. Those cost increases are also on par (pun intended) with the costs of private clubs and initiation fees during that same period, where membership rosters that were dwindling pre-COVID now have waitlists 50 to 60 people deep, according to Jason Becker, co-founder and chief executive officer of Golf Life Navigators, which matches homebuyers with golf course communities. “There’s been an absolute run on private golf. If we use southwest Florida as an example, where there are 158 golf communities, this time last November, only five had memberships available,” he said. That inability to find a club close to home has pushed avid golfers to look farther afield, choosing national memberships at clubs that require traveling, usually via plane, to play. Dormie has capitalized on this growing segment, offering two types of memberships: First, a national membership, where members pay an initiation fee and monthly dues just as they would at a local club, but instead of one club they have access to seven. The second option is a signature membership for companies, “which allows businesses to use our properties for entertainment needs and requires a multiyear commitment,” Peed says. The network also offers a limited number of regional memberships for those living within a certain distance of one of its clubs. Dormie Network declined to provide the cost of memberships or monthly dues and wouldn’t give membership numbers, but the clubs are structured to lodge roughly 60 golfers, max, on-site at any given property at any time. The total number of beds across the network’s portfolio of properties has increased from 84 in 2019 to 432 today. It saw a jump from 10,000 room nights in 2019 to 48,000 in 2023. This September, Dormie opened GrayBull in Maxwell, in Nebraska’s, Sandhills region. Dormie Network tabbed David McLay Kidd to build the course, who also built the original course at Oregon’s famed Bandon Dunes. Kidd says of the property GrayBull sits on, “It’s like the Goldilocks thing: not too flat, not too steep. It’s kind of in a bowl that looks inwards, and there are no bad views.” That kind of remote destination, where the long-range views are only Mother Nature or other golf holes, is what drives many traveling golfers these days. Peed says his team leaned on years of knowledge from Dormie’s acquisitions as they built GrayBull, which started construction in 2022. “We had an understanding of how our members and guests use the clubs that allowed us to take a blank canvas in the Sandhills of Nebraska and combine all of the greatest aspects of each Dormie property into one.” ©2024 Bloomberg L.P. Visit bloomberg.com. Distributed by Tribune Content Agency, LLC.
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The crypto industry is abuzz with the emergence of Rexas Finance, a promising new entity currently priced at $0.15, predicted to soar to $15 within the next ten weeks. This meteoric rise is drawing the attention of both seasoned investors and market analysts as it positions itself as a formidable rival to Solana, known for its high-speed transactions and scalability. Rexas Finance is gaining momentum due to its innovative approach, integrating practical applications with blockchain technology. It has successfully passed significant benchmarks during its presale phase, with Stage 10 recently selling out and Stage 11 now live. The presale alone has resulted in the sale of over 371.8 million RXS tokens, raising an impressive $31.8 million. What sets Rexas apart is its practical focus, particularly its aim to tokenize real-world assets such as fine art and real estate. This strategic move not only broadens its appeal but also attracts investors seeking blockchain solutions for tangible investments. Enhanced by a thorough security audit by Certik, a leading blockchain security firm, Rexas ensures transparency and security for its smart contracts. Additionally, Rexas Finance is expanding its reach through strategic listings on major platforms like CoinMarketCap and CoinGecko, channels anticipated to increase its visibility and trading volume substantially. Such calculated moves are part of its broader strategy to cement its status as a leader in the blockchain arena. Furthermore, to boost its visibility and community engagement, Rexas is running a $1 million giveaway, providing an additional layer of excitement and attracting numerous crypto enthusiasts. This marketing initiative not only raises awareness but also fosters a strong community, vital for driving future price increases and ensuring sustained growth. For early investors, the timing aligns perfectly for potentially unprecedented gains. The current presale price reflects a massive opportunity for growth, with projections indicating a leap to $15. Rexas Finance’s unique proposition—bridging crypto and physical asset investments—positions it not only as a challenger to Solana but as a transformative force in the crypto market, capable of appealing to both traditional and contemporary investors alike. As Rexas Finance nears the conclusion of its presale phase and prepares for major platform listings, those looking to capitalize on the next big wave in cryptocurrency are keen to secure their stake, recognizing the potential for life-altering wealth generated from a modest initial investment.As Black Friday approaches, a surprising number of Britons are planning to trade their office chairs for their shopping carts. A recent poll of 2,000 adults revealed that one in ten Brits intends to call in sick on the biggest shopping day of the year to focus on securing the best deals. Among these faux-ill workers, 41% plan to fake a cold, 31% a case of the flu, and 24% intend to claim food poisoning as their excuse. This unconventional strategy reflects the growing appeal of Black Friday, a day when consumers scramble to take advantage of deep discounts offered by retailers both in-store and online. With many sales peaking between 2 p.m. and 4 p.m., 27% of shoppers admit they will browse and purchase during work hours to avoid the chaos of post-work rushes, per research by The Sun . To get ahead of the competition, 40% of respondents said they would set their alarms as early as 5:30 a.m. to start shopping. The average Black Friday shopper is expected to spend more than £400, contributing to a projected national total of over £9 billion. Electronics, clothing, shoes, and toys are expected to dominate shopping lists, with electronics alone predicted to generate £1.13 billion in profit, according to Statista . Interestingly, 58% of shoppers are focused on buying Christmas gifts, while 21% plan to shop primarily for themselves. Another 31% aim to stock up on household essentials such as soft furnishings and kitchenware, and 27% intend to buy early birthday presents. Savvy bargain hunters are also preparing to stretch their pounds further, with 34% having saved up an average of £176 in promotional codes, vouchers, and gift cards to maximise their discounts. Rakuten's shopping expert, Alex Stedman, suggested utilising cashback websites to earn rewards on purchases, effectively reducing the overall cost of holiday shopping. Similarly, Alex Lee, a tech writer for The Independent, recommended creating a wish list of necessary items and comparing prices in advance to avoid impulsive spending. He also advised pre-registering on retailer websites for quicker checkout and exploring membership services like Amazon Prime for exclusive deals and fast delivery. Tools such as PriceRunner can help shoppers compare prices across multiple retailers, while price-matching policies at stores like AO and Currys can be leveraged for added savings. However, Lee cautioned against purchasing no-name brands from platforms like Amazon, where quality may be compromised. While the excitement around Black Friday is undeniable, sceptics warn that not all discounts are as impressive as they seem. A report from Which? revealed that only 2% of products in the 2022 Black Friday sales were cheaper than at other times of the year. A staggering 98% of items were priced the same or even lower outside the Black Friday period, raising questions about the authenticity of many promotions. Further analysis of over 66,000 prices showed that 45% of products were cheaper at other times of the year, while 86% were similarly priced or cheaper outside the extended sales period. Experts suggest that better bargains can often be found during Boxing Day, summer, or Easter sales, which provide ample opportunity to save without the frenzy. While Black Friday remains a major event on the retail calendar, it comes with a warning: not all that glitters is gold. Shoppers are encouraged to stay informed, research prices in advance, and use tools and strategies to avoid being swept up in the hype. As Google's research on Black Friday trends highlights, the key to a successful shopping spree lies in preparation and a critical eye for genuine discounts. With the day fast approaching, Brits are balancing their enthusiasm for savings with cautious scepticism. Whether they're faking a sick day to shop or simply setting their alarms early, one thing is clear: Black Friday continues to be a cultural phenomenon in the UK, driving consumers to new lengths in their pursuit of the perfect deal.
‘Want to harm myself’: Pep scratches his face as ‘weak, frail’ City suffer historic meltdown, Gunners fire with FIVE different scorersTottenham Don't miss out on the headlines from Tottenham. Followed categories will be added to My News. Rasmus Hojlund fired Manchester United to a late 2-1 win at Viktoria Plzen in the Europa League on Thursday, while Tottenham were held to a stalemate at Rangers. Rangers sit in the final automatic qualification spot with Spurs one place below them, but both level on 11 points. A draw somewhat eases the pressure on Spurs boss Ange Postecoglou, after his side went into the match with just one win in their last seven outings in all competitions. Rangers took the lead two minutes after the interval when Moroccan striker Hamza Igamane continued his fine start to life in Glasgow by netting his fourth goal in as many European outings this season. Dejan Kulusevski of Tottenham Hotspur scores against Rangers. Picture: Stu Forster/Getty Images Captain James Tavernier bent an excellent inswinging pass from the right flank beyond the Spurs defence and into the path of Igamane who finished unerringly at the far post. Substitutes Dominic Solanke and Dejan Kulusevski combined to bring the English side level with a quarter of an hour remaining, the Swede wrong-footing the goalkeeper with a cool finish from just inside the box. Fraser Forster made a vital save from Cyriel Dessers to keep Spurs level in the last 10 minutes, and moments later the Rangers striker had a goal disallowed for offside. Rangers scored first via Cyriel Dessers. Picture: Stu Forster/Getty Images Ruben Amorim’s United side came from behind to best the Czech side thanks to a second-half brace by Danish striker Rasmus Hojlund, they now sit seventh in the league phase standings. “The win is important at the moment and it’s good to prepare for the next game,” United manager Amorim told TNT Sports. A top-eight finish will see United qualify automatically for the round of 16, while finishing ninth to 24th will earn them a play-off tie to reach that stage. Matej Vydra opened the scoring three minutes after half-time to stun United, before substitute Hojlund scored twice in the last half-hour to seize a vital three points for the English club. The winner came two minutes from time when Bruno Fernandes cleverly slipped a free-kick into the 21-year-old’s feet and he held off a defender before slipping home. Lazio top the standings with 16 points -- joint with Athletic Bilbao -- after beating Ajax 3-1 in Amsterdam to book their spot in the knock-out stages. Rasmus Hojlundscored twice for United. Picture: Gabriel Kuchta/Getty Images Lyon beat Eintracht Frankfurt 3-2 to move up to fourth -- one place above the in-form Bundesliga club. Anderlecht overcame Slavia Prague 2-1 in the Czech capital to jump to third in the standings. A much-changed Chelsea side beat Astana 3-1 in the Conference League to all but guarantee a top-eight finish in the league phase, which would ensure automatic qualification to the round of 16. “It was a solid performance. We knew it was quite cold. We tried to adapt quickly. The players did fantastically with the weather conditions and the long journey yesterday,” said Chelsea manager Enzo Maresca. Chelsea sit top of the standings on 15 points, two ahead of Vitoria Guimaraes who won 4-1 at Swiss side St Gallen. Chelsea wrapped up the points in the first half through goals from Marc Guiu and Renato Veiga. Marin Tomasov pulled one back for the hosts on the stroke of half-time but Maresca’s side rarely looked troubled in the second half as they closed out the win. Spanish teenager Guiu gave Chelsea the perfect start by netting a brace inside the opening 20 minutes, bringing his tally in Europe to three goals in five appearances this season. Last year’s defeated finalists Fiorentina won More Coverage Broken Matilda opens up on comeback heartbreak Erin Smith Slater: Will the real Sydney FC please stand up? Robbie Slater and Marco Monteverde Originally published as Tottenham Hotspur draw 1-1 with Rangers in Europa League Join the conversation Add your comment to this story To join the conversation, please log in. Don't have an account? Register Join the conversation, you are commenting as Logout More related stories Football Ange silences his critics with one answer Ange Postecoglou’s face said it all after he was asked the same question twice in the space of 24 hours, and his answers were as good as it gets. Read more Football Ange stunner as Spurs smack City in record-breaking statement Manchester City’s losing skid in all competitions has extended to five games after Ange Postecoglou’s Tottenham stunned the reigning champions 4-0 at Etihad Stadium. Read moreATLANTA , Dec. 12, 2024 /PRNewswire/ -- Impact Climate Technologies (ICT), a leading provider of commercial HVAC solutions, is pleased to announce its new partnership with Texas Air Products (TAP), the premier HVAC equipment provider in Texas . With locations in San Antonio , Austin , Corpus Christi , and McAllen , TAP has built a stellar reputation for delivering innovative, high-quality HVAC solutions to commercial clients across the region. This partnership marks a strategic step for ICT as it expands its presence in the Texas market, further bolstering its ability to deliver cutting-edge HVAC systems and services to customers seeking efficiency, reliability, and environmental impact. "Partnering with Texas Air Products is a tremendous opportunity to expand our footprint in one of the most dynamic regions for commercial HVAC innovation," said Mike Shea , CEO of Impact Climate Technologies. "With TAP's proven track record and strong local expertise, we're confident that this collaboration will bring unparalleled value to our customers while advancing our shared commitment to excellence." Texas Air Products' extensive portfolio of HVAC solutions and its dedication to customer satisfaction make it an ideal partner for ICT. The partnership will provide customers with an even broader range of products, including state-of-the-art systems designed to meet modern energy and sustainability demands. "We are excited to join forces with Impact Climate Technologies," said Robert Stinson , President of Texas Air Products. "ICT's industry leadership and innovative solutions align perfectly with our mission to provide best-in-class HVAC systems to our clients. Together, we look forward to driving growth, expanding our offerings, and exceeding our customers' expectations across Texas ." This collaboration underscores ICT's commitment to partnering with trusted, regionally strong organizations to deliver exceptional HVAC products and services. By combining ICT's resources and innovation with TAP's local expertise, the partnership is poised to set a new standard for commercial HVAC excellence in Texas . This partnership expands ICT's portfolio to 26 locations through nine well-established HVAC sales and service organizations: Architectural Building Components, Bio-Grid, DMR, Fontanesi & Kann Company, H&B Engineered Products, John F. Scanlan , Inc., R. F. Peck HVAC, Texas Air Products, and Tom Barrow Company. About Impact Climate Technologies Impact Climate Technologies is a leading HVAC solutions provider dedicated to partnering with top-tier companies to deliver excellence and innovation through collaboration. With a commitment to preserving the unique cultures and values of its operating companies, ICT ensures the growth and success of its partners through access to assets, operational and sales assistance, and resources. For more information, visit www.impactclimatetechnologies.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/impact-climate-technologies-partners-with-texas-air-products-to-expand-commercial-hvac-solutions-across-texas-302329605.html SOURCE Impact Climate TechnologiesThe seven principles of Kwanzaa will be celebrated through a host of events across the Chicago area, but some event leaders are adamant that the traditionally African American holiday's meaning is for everyone. The celebration, created in 1966, kicks off Thursday and runs for a week, with each day honoring a different principle of Kwanzaa. Malcolm X College has held a Kwanzaa celebration for nearly 20 years. Throughout the holiday, the school will host live music, art, shopping markets, dance performances and more from 10 a.m. to 6 p.m. on the first floor of the college, at 1900 W. Jackson Blvd. While the seven-day celebration showcases African culture from art to hair care, the college's leader says the holiday is not just relevant to African American people. "It's relevant to all people if you really understand the true essence of what Kwanzaa is all about," said Malcolm X College President David Sanders. Sanders rejects the often divisive political and social climate across the country and says the "polarization" of the times "does not really benefit us." "Once we unify and we come together and figure out what's the best course of action, we're better as a nation, and the polarization of the world that's there today — that has us not talking to one another and going in our separate little (groups) — it really doesn't benefit us. It just makes us opposing factions. And Kwanzaa really fights against it." Unity and community strength are the prevailing goals of the holiday, Sanders said. "Kwanzaa is about defining and remembering the principles that made us great." Those seven principles are Umoja (unity), Kujichagulia (self-determination), Ujima (collective work and... Mariah Rush
By ANNE D’INNOCENZIO The Associated Press — The Container Store has filed for bankruptcy protection as the storage and organizational goods retailer with roots dating back to the 1970s grapples with mounting losses and cash flow shortages. The Texas company has faced increasing competition from retailers like Target and Walmart at the same time that demand for its goods is under strain in a rough housing market, where soaring prices and elevated mortgage rates have stunted sales. Under Chapter 11 protection, The Container Store will continue to operate while it restructures. The chain has stores in Costa Mesa and seven other locations throughout Southern California. The company said Sunday that it had filed for bankruptcy protection in Texas. The filing arrives two weeks after the trading of company shares was suspended by the New York Stock Exchange. The Container Store Group Inc. failed to maintain an average market capitalization of at least $15 million in accordance with NYSE rules. Last month, The Container Store said that it was in advanced discussions with lenders to provide additional capital as it aimed to turn around sagging earnings and sales, according to a regulatory filing. The company has struggled to raise cash, and last month an agreement with the owner of Bed Bath & Beyond, Overstock and Zulily that would have come with a $40 million cash infusion fell apart. The Container Store said in a regulatory filing that it did not believe that it could match the financing requirements of the partnership with Beyond Inc. The Container Store was founded in 1978 by Garrett Boone, Kip Tindell and investor John Mullen, who opened the doors of The Container Store’s first location in Dallas, according to the company. Neither of the men, Boone with a master’s degree in history and Tindell who was an English major, expected a career in retail. Yet both were driven by the idea of creating a store devoted entirely to storage. The chain had its skeptics when Boon and Tindell opened their first 1,600-square-foot location. Yet the chain expanded to more than 100 stores ranging from 12,000 to 20,000 square feet, according to the company. In 1999, The Container Store purchased one of its vendors, Elfa International. In 2021, it acquired Chicago’s Closet Works and launched its premium, wood-based line Preston shortly thereafter. In its most recent quarter the company reported losses of $16 million, and comparable store sales, a good barometer of a retailer’s health, dropped 12.5%.French President Emmanuel Macron's office has announced a new government after the previous cabinet collapsed in a historic vote prompted by fighting over the country's budget. Newly named Prime Minister Francois Bayrou put together the government that includes members of the outgoing conservative-dominated team and new figures from centrist or left-leaning backgrounds. Coming up with a 2025 budget will be the most urgent order of business. The new government enters office after months of political deadlock and pressure from financial markets to reduce France's colossal debt. No single party holds a majority in the National Assembly. Bayrou's decades of political experience are seen as key in efforts to restore stability after Marine Le Pen's far-right party helped bring down the previous government. Macron has vowed to remain in office until his term ends in 2027, but has struggled to govern since snap elections in the summer left no single party with a majority in the National Assembly. Since his appointment 10 days ago, Bayrou has held talks with political leaders from various parties in search of the right balance for the new government. Some critics on Monday were angry at Bayrou for consulting with Le Pen's far-right party, and some argue the government looks too much like the old one to win lawmakers' trust. Former Prime Minister Michel Barnier resigned this month following a no-confidence vote prompted by budget disputes in the National Assembly, leaving France without a functioning government. Le Pen played a key role in Barnier's downfall by joining her National Rally party's forces with the left to pass the no-confidence motion. Bayrou will need support from moderate legislators on the right and left to keep his government alive. Bayrou has said he supports tax hikes championed by his predecessor, but it's not clear how the new government can find the right calculation for a budget that satisfies a majority of lawmakers angry over spending cuts. Banker Eric Lombard will be finance minister, a crucial post when France is working to fulfil its promises to European Union partners to reduce its deficit, estimated to reach six per cent of its gross domestic product this year. Lombard briefly worked as an adviser to a Socialist finance minister in the 1990s. Hard-right Bruno Retailleau stays on as interior minister, with responsibility for France's security and migration policy. Sebastien Lecornu, who has been at the forefront of France's military support for Ukraine, remains defence minister, while Foreign Minister Jean-Noel Barrot, who has travelled extensively in the Mideast in recent weeks, also retains his post. Among new faces are two former prime ministers. Manuel Valls will be the minister for overseas affairs, and Elisabeth Borne will take the education ministry.KYIV, Ukraine — NATO and Ukraine will hold emergency talks Tuesday after Russia attacked a central city with an experimental, hypersonic ballistic missile. escalating the nearly 33-month-old war. The conflict is “entering a decisive phase,” Poland’s Prime Minister Donald Tusk said Friday, and “taking on very dramatic dimensions.” Ukraine’s parliament canceled a session as security was tightened following Thursday’s Russian strike on a military facility in the city of Dnipro. In a stark warning to the West, President Vladimir Putin said in a nationally televised speech the attack with the intermediate-range Oreshnik missile was in retaliation for Kyiv’s use of U.S. and British longer-range missiles capable of striking deeper into Russian territory. Russian President Vladimir Putin speaks Friday during a meeting with the leadership of the Russian Ministry of Defense, representatives of the military-industrial complex and developers of missile systems at the Kremlin in Moscow. Putin said Western air defense systems would be powerless to stop the new missile. People are also reading... Ukrainian military officials said the missile that hit Dnipro reached a speed of Mach 11 and carried six nonnuclear warheads, each releasing six submunitions. Speaking Friday to military and weapons industries officials, Putin said Russia will launch production of the Oreshnik. “No one in the world has such weapons,” he said. “Sooner or later, other leading countries will also get them. We are aware that they are under development. “We have this system now,” he added. “And this is important.” Putin said that while it isn’t an intercontinental missile, it’s so powerful that the use of several of them fitted with conventional warheads in one attack could be as devastating as a strike with strategic — or nuclear — weapons. Gen. Sergei Karakayev, head of Russia’s Strategic Missile Forces, said the Oreshnik could reach targets across Europe and be fitted with nuclear or conventional warheads, echoing Putin’s claim that even with conventional warheads, “the massive use of the weapon would be comparable in effect to the use of nuclear weapons.” In this photo taken from a video released Friday, a Russian serviceman operates at an undisclosed location in Ukraine. Kremlin spokesman Dmitry Peskov kept up Russia's bellicose tone on Friday, blaming “the reckless decisions and actions of Western countries” in supplying weapons to Ukraine to strike Russia. "The Russian side has clearly demonstrated its capabilities, and the contours of further retaliatory actions in the event that our concerns were not taken into account have also been quite clearly outlined," he said. Hungarian Prime Minister Viktor Orbán, widely seen as having the warmest relations with the Kremlin in the European Union, echoed Moscow’s talking points, suggesting the use of U.S.-supplied weapons in Ukraine likely requires direct American involvement. “These are rockets that are fired and then guided to a target via an electronic system, which requires the world’s most advanced technology and satellite communications capability,” Orbán said on state radio. “There is a strong assumption ... that these missiles cannot be guided without the assistance of American personnel.” Orbán cautioned against underestimating Russia’s responses, emphasizing that the country’s recent modifications to its nuclear deployment doctrine should not be dismissed as a “bluff.” “It’s not a trick ... there will be consequences,” he said. Czech Republic's Foreign Minister Jan Lipavsky speaks to journalists Friday during a joint news conference with Ukraine's Foreign Minister Andriiy Sybiha in Kyiv, Ukraine. Separately in Kyiv, Czech Foreign Minister Jan Lipavský called Thursday’s missile strike an “escalatory step and an attempt of the Russian dictator to scare the population of Ukraine and to scare the population of Europe.” At a news conference with Ukrainian Foreign Minister Andrii Sybiha, Lipavský also expressed his full support for delivering the necessary additional air defense systems to protect Ukrainian civilians from the “heinous attacks.” He said the Czech Republic will impose no limits on the use of its weapons and equipment given to Ukraine. Three lawmakers from Ukraine's parliament, the Verkhovna Rada, confirmed that Friday's previously scheduled session was called off due to the ongoing threat of Russian missiles targeting government buildings in central Kyiv. In addition, there also was a recommendation to limit the work of all commercial offices and nongovernmental organizations "in that perimeter, and local residents were warned of the increased threat,” said lawmaker Mykyta Poturaiev, who said it's not the first time such a threat has been received. Ukraine’s Main Intelligence Directorate said the Oreshnik missile was fired from the Kapustin Yar 4th Missile Test Range in Russia’s Astrakhan region and flew 15 minutes before striking Dnipro. Test launches of a similar missile were conducted in October 2023 and June 2024, the directorate said. The Pentagon confirmed the missile was a new, experimental type of intermediate-range missile based on its RS-26 Rubezh intercontinental ballistic missile. Thursday's attack struck the Pivdenmash plant that built ICBMs when Ukraine was part of the Soviet Union. The military facility is located about 4 miles southwest of the center of Dnipro, a city of about 1 million that is Ukraine’s fourth-largest and a key hub for military supplies and humanitarian aid, and is home to one of the country’s largest hospitals for treating wounded soldiers from the front before their transfer to Kyiv or abroad. From tuberculosis to heart disease: How the leading causes of death in America have changed From tuberculosis to heart disease: How the leading causes of death in America have changed We're all going to die someday. Still, how it happens—and when—can point to a historical moment defined by the scientific advancements and public health programs available at the time to contain disease and prevent accidents. In the early 1900s, America's efforts to improve sanitation, hygiene, and routine vaccinations were still in their infancy. Maternal and infant mortality rates were high, as were contagious diseases that spread between people and animals. Combined with the devastation of two World Wars—and the Spanish Flu pandemic in between—the leading causes of death changed significantly after this period. So, too, did the way we diagnose and control the spread of disease. Starting with reforms as part of Roosevelt's New Deal in the 1930s, massive-scale, federal interventions in the U.S. eventually helped stave off disease transmission. It took comprehensive government programs and the establishment of state and local health agencies to educate the public on preventing disease transmission. Seemingly simple behavioral shifts, such as handwashing, were critical in thwarting the spread of germs, much like discoveries in medicine, such as vaccines, and increased access to deliver them across geographies. Over the course of the 20th century, life expectancy increased by 56% and is estimated to keep increasing slightly, according to an annual summary of vital statistics published by the American Academy of Pediatrics in 2000. Death Records examined data from the Centers for Disease Control and Prevention to see how the leading causes of death in America have evolved over time and to pinpoint how some major mortality trends have dropped off. Infectious diseases lead causes of death in America According to a report published in the journal Annual Review of Public Health in 2000, pneumonia was the leading cause of death in the early 1900s, accounting for nearly 1 in 4 deaths. By the time World War I ended in 1918, during which people and animals were housed together for long periods, a new virus emerged: the Spanish Flu. Originating in a bird before spreading to humans, the virus killed 10 times as many Americans as the war. Many died of secondary pneumonia after the initial infection. Pneumonia deaths eventually plummeted throughout the century, partly prevented by increased flu vaccine uptake rates in high-risk groups, particularly older people. Per the CDC, tuberculosis was a close second leading cause of death, killing 194 of every 10,000 people in 1900, mainly concentrated in dense urban areas where the infection could more easily spread. Eventually, public health interventions led to drastic declines in mortality from the disease, such as public education, reducing crowded housing, quarantining people with active disease, improving hygiene, and using antibiotics. Once the death rates lagged, so did the public health infrastructure built to control the disease, leading to a resurgence in the mid-1980s. Diarrhea was the third leading cause of death in 1900, surging every summer among children before the impacts of the pathogen died out in 1930. Adopting water filtration, better nutrition, and improved refrigeration were all associated with its decline. In the 1940s and 1950s, polio outbreaks killed or paralyzed upward of half a million people worldwide every year. Even at its peak, polio wasn't a leading cause of death, it was a much-feared one, particularly among parents of young children, some of whom kept them from crowded public places and interacting with other children. By 1955, when Jonah Salk discovered the polio vaccine, the U.S. had ended the "golden age of medicine." During this period, the causes of mortality shifted dramatically as scientists worldwide began to collaborate on infectious disease control, surgical techniques, vaccines, and other drugs. Leading causes of death tip toward lifestyle-related disease From the 1950s onward, once quick-spreading deadly contagions weren't prematurely killing American residents en masse, scientists also began to understand better how to diagnose and treat these diseases. As a result, Americans were living longer lives and instead succumbing to noncommunicable diseases, or NCDs. The risk of chronic diseases increased with age and, in some cases, was exacerbated by unhealthy lifestyles. Cancer and heart disease shot up across the century, increasing 90-fold from 1900 to 1998, according to CDC data. Following the post-Spanish Flu years, heart disease killed more Americans than any other cause, peaking in the 1960s and contributing to 1 in 3 deaths. Cigarette smoking rates peaked at the same time, a major risk factor for heart disease. Obesity rates also rose, creating another risk factor for heart disease and many types of cancers. This coincides with the introduction of ultra-processed foods into diets, which plays a more significant role in larger waistlines than the increasing predominance of sedentary work and lifestyles. In the early 1970s, deaths from heart disease began to fall as more Americans prevented and managed their risk factors, like quitting smoking or taking blood pressure medicine. However, the disease remains the biggest killer of Americans. Cancer remains the second leading cause of death and rates still indicate an upward trajectory over time. Only a few types of cancer are detected early by screening, and some treatments for aggressive cancers like glioblastoma—the most common type of brain cancer—have also stalled, unable to improve prognosis much over time. In recent years, early-onset cancers, those diagnosed before age 50 or sometimes even earlier, have seen a drastic rise among younger Americans. While highly processed foods and sedentary lifestyles may contribute to rising rates, a spike in cancer rates among otherwise healthy young individuals has baffled some medical professionals. This follows the COVID-19 pandemic that began in 2020. At its peak, high transmission rates made the virus the third leading cause of death in America. It's often compared to the Spanish Flu of 1918, though COVID-19 had a far larger global impact, spurring international collaborations among scientists who developed a vaccine in an unprecedented time. Public policy around issues of safety and access also influences causes of death, particularly—and tragically—among young Americans. Gun control measures in the U.S. are far less stringent than in peer nations; compared to other nations, however, the U.S. leads in gun violence. Firearms are the leading cause of death for children and teens (around 2 in 3 are homicides, and 1 in 3 are suicides), and deaths from opioids remain a leading cause of death among younger people. Globally, the leading causes of death mirror differences in social and geographic factors. NCDs are primarily associated with socio-economic status and comprise 7 out of 10 leading causes of death, 85% of those occurring in low- and middle-income countries, according to the World Health Organization. However, one of the best health measures is life expectancy at birth. People in the U.S. have been living longer lives since 2000, except for a slight dip in longevity due to COVID-19. According to the most recent CDC estimates, Americans' life expectancy is 77.5 years on average and is expected to increase slightly in the coming decades. Story editing by Alizah Salario. Additional editing by Kelly Glass. Copy editing by Paris Close. Photo selection by Lacy Kerrick. This story originally appeared on Death Records and was produced and distributed in partnership with Stacker Studio. Be the first to know Get local news delivered to your inbox!