Market Newsdesk

April 29, 2021 9:30 am

Cheetos And Doritos Go Head-to-Head In Epic Flamin’ Hot Faceoff

PR Newswire

PLANO, Texas, April 29, 2021 /PRNewswire/ — After years of fans debating and taking sides, Cheetos® and Doritos® will officially settle the score to see which beloved brand is truly the most loved. Will it be Team Cheetos, or will it be Team Doritos? Frito-Lay’s epic “Flamin’ Hot® Faceoff” campaign will ask fans to weigh in and ultimately crown a champion — not just for bragging rights, but for Flamin’ Hot swag.

In honor of this epic showdown, each house of heat is throwing two delicious offerings into the game: Doritos Xxtra Flamin’ Hot Nacho hits shelves for the first time and from Cheetos’ Hall of Flame, Cheetos Flamin’ Hot Spicy Pepper Puffs re-emerge. Coming to life across a variety of social platforms and fueled by the Flamin’ Hot fandom, the Flamin’ Hot Faceoff will let true fans determine, once and for all, the true Flamin’ Hot icon.

“We’ve seen fans of Doritos and Cheetos debate and advocate for their favorite snacks for years, and now it’s taken on a life of its own on social media,” said Stacy Taffet, VP of marketing, Frito-Lay North America. “So, we wanted to fan the flames with a playful Frito-Lay family competition to really see which snack is tops. Obviously, I can’t pick a side, but I’m fairly certain everyone will win in this competition.”

Turning up the heat further, Doritos and Cheetos have created a limited-edition Flamin’ Hot capsule collection, which will be “dropped” into the hands of hundreds of fans to help them sport their team’s swag.

Starting today, fans can vote for their team by following Doritos and Cheetos on their Instagram channels and commenting on their weekly merch giveaway posts, or by or using #TeamCheetos #TeamDoritos and #FlaminHotFaceOff on Instagram and Twitter. Following the mystery drop on April 19, the brands will be hosting Instagram giveaways each Thursday starting today until July 7 of the merch from their Flamin’ Hot capsule collections, which includes exclusive branded jackets, hoodies, sweatpants, hats, t-shirts, fanny packs, socks, and slides. Fans simply need to follow and comment on the Instagram posts using #FlaminHotFaceOff and #sweepstakes for the chance to win.

Every champion needs a bit of bling, so the Flamin’ Hot brands will cool things off by awarding one lucky fan a watch. In the last week of the Flamin’ Hot Face-Off starting July 8, Doritos and Cheetos will post the giveaway on their Instagram channels for consumers to comment using #FlaminHotFaceOff and #sweepstakes for the chance to take home the grand prize.

Check out @Doritos on Instagram and @Cheetos on Instagram to see how the competition is already heating up.

About Doritos

Doritos believes there’s boldness in everyone. We champion those who are true to themselves, who live life fully engaged and take bold action by stepping outside of their comfort zone and pushing the limits. Doritos is one of many Frito-Lay North America brands – the $18 billion convenient foods division of PepsiCo, Inc. (NASDAQ: PEP), which is headquartered in Purchase, NY. Learn more about Frito-Lay at the corporate website, http://www.fritolay.com/, and on Twitter http://www.twitter.com/fritolay.

About Cheetos

Cheetos is one of the many brands that make up Frito-Lay North America, the $18 billion convenient foods division of PepsiCo, Inc. (Nasdaq: PEP), which is headquartered in Purchase, NY. Learn more about Frito-Lay at the corporate website, http://www.fritolay.com/, the Snack Chat blog, http://www.snacks.com/ and on Twitter http://www.twitter.com/fritolay.

About PepsiCo

PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $64 billion in net revenue in 2018, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. PepsiCo’s product portfolio includes a wide range of enjoyable foods and beverages, including 22 brands that generate more than $1 billion each in estimated annual retail sales. Guiding PepsiCo is our vision to Be the Global Leader in Convenient Foods and Beverages by Winning with Purpose. “Winning with Purpose” reflects our ambition to win sustainably in the marketplace and embed purpose into all aspects of the business. For more information, visit www.pepsico.com.

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SOURCE Frito-Lay North America

April 29, 2021 9:30 am

PPG Innovation Named Finalist For Automotive News PACEpilot Award

PPG Innovation Named Finalist For Automotive News PACEpilot Award

Company’s precision application technology streamlines painting of two-tone vehicles

PITTSBURGH–(BUSINESS WIRE)–
PPG (NYSE:PPG) today announced that its precision application automotive coatings technology has been selected as a finalist for the 2021 Automotive News PACEpilot Award. The PACEpilot Awards recognize pre-commercial, post-pilot innovations in the automotive or future mobility category. PPG is one of 23 companies, and the only vehicle coatings supplier, represented among the award finalists.

The precision application technology is a zero-overspray coating system that greatly streamlines the painting of two-tone vehicles. The system produces crisp paint edges without the use of masking and other time-intensive steps currently required to achieve a two-tone finish.

The process, which applies a specially designed PPG decorative coating using innovative application heads, reduces paint shop time by approximately 50 minutes per two-tone vehicle. The new process also eliminates the need for extra cleaning and detackification. Additionally, this process advances customer sustainability goals by reducing CO₂ emissions and eliminating energy-intensive air filtering systems that handle overspray from the paint application process, further reducing costs and improving efficiency without compromising quality.

The conventional process for achieving a two-tone finish requires that a vehicle be fully coated with primer, up to two basecoats and a clearcoat before paint shop personnel mask off areas that will not receive the second color. The vehicle must then be run a second time through the paint line or a repair line, where the contrasting color and an additional clearcoat are applied. In addition to reducing paint shop capacity, this second run can add significant material, labor and energy costs to the total unit cost of the vehicle.

PPG’s new application technology comes at a time when two-tone vehicles are gaining favor. First popularized in the U.S. in the 1950s, these contrasting color schemes can now be found on dozens of models sold in Europe and North America.

“One day, complete cars might be painted using precision application technology, offering OEMs even more options for enhancing the appeal of their vehicle models,” said Wolfgang Klaeger, PPG global manager, decorative technologies, automotive OEM coatings. “The success of this technology in the automotive space, with its stringent performance requirements, could lead to opportunities in other transportation categories such as aerospace, motorcycles, buses and trains.”

Recipients of the 2021 PACEpilot Awards will be announced September 30 at a ceremony in Detroit. For additional information about the PACE Awards program, visit www.autonews.com/awards/pace-program.

PPG: WE PROTECT AND BEAUTIFY THE WORLD™

At PPG (NYSE:PPG), we work every day to develop and deliver the paints, coatings and materials that our customers have trusted for more than 135 years. Through dedication and creativity, we solve our customers’ biggest challenges, collaborating closely to find the right path forward. With headquarters in Pittsburgh, we operate and innovate in more than 70 countries and reported net sales of $13.8 billion in 2020. We serve customers in construction, consumer products, industrial and transportation markets and aftermarkets. To learn more, visit www.ppg.com.

We protect and beautify the world is a trademark and the PPG Logo is a registered trademark of PPG Industries Ohio, Inc.

CATEGORY Automotive OEM Coatings

View source version on businesswire.com: https://www.businesswire.com/news/home/20210429005079/en/

PPG Media Contact:

Keith Rigby

Automotive OEM Coatings

+1 412-434-1718

[email protected]

www.ppg.com

KEYWORDS: United States North America Pennsylvania

INDUSTRY KEYWORDS: Automotive Manufacturing Manufacturing General Automotive Automotive Chemicals/Plastics

MEDIA:

Logo

April 29, 2021 9:28 am

Creatd, Inc. Provides Update on Plans to Leverage Iconic ‘OG Collection’ in Emerging NFT Market

– The OG Collection is a library of original artwork and imagery from the archives of some of the most iconic magazines of the 20th century

– The collection includes over 100,000 original photographs by the legendary Bob Guccione, showcased in the film documentary Filthy Gorgeous

PR Newswire

FORT LEE, N.J., April 29, 2021 /PRNewswire/ — Creatd, Inc. (Nasdaq CM: CRTD) (“Creatd” or the “Company”), the parent company of Recreatd, which houses initiatives leveraging Creatd’s intellectual property and legacy media assets, including acquired artwork, photographs and media memorabilia, is excited to announce its plans to launch the OG Gallery, a new NFT art gallery focused on the tokenization, marketing, and sale of digital collectibles originating from the ‘OG Collection.’

The OG Collection refers to a library of digital artwork, imagery, original documents, illustrations, collectibles, and photographs from the archival collection of Bob Guccione, once the CEO of General Media, owner of publications including Penthouse, Viva, OMNI and Longevity. The collection, to which Vice Media dedicated an entire issue of its magazine in 2013, includes over 100,000 images, including those of famous models and celebrities taken directly by Guccione himself, as well as those he personally acquired rights to during his tenure as head of one of the most powerful media companies of the 20th century.

Guccione’s life and legacy have been captured in a number of the Company’s transmedia properties including: Filthy Gorgeous, a documentary film directed by Barry Avrich chronicling the life of Bob Guccione; the book No One’s Pet, written by notable film critic Glenn Kenny; the film Till Human Voices Wake Us, directed by celebrity photographer Indrani and starring Lindsay Lohan; and Vocal’s Viva and Longevity communities, both of which originated through the digitization of legacy content from the General Media magazines of those same names.

Since the Company acquired the collection, individual negatives from the collection—including images of the Penthouse Pets, shot by Guccione—have been sold for hundreds of dollars at auction, without any licensing rights attached.

The OG Collection itself has been independently appraised at between $5-7 million, prior to any additional licensing valuations. The Company’s ability to leverage its technology to revitalize this content represents a significant value proposition for media companies and publishers that are sitting on vast collections of content, which may be of supreme quality but are not in a suitable format for today’s consumer.

Today’s launch of the OG Gallery landing page is the first actionable step of the plan that was articulated on the Company’s Fiscal Year 2020 Financial Results webcast and conference call held in March 2021. The Company is actively exploring numerous applications and technology platforms related to the blockchain and NFT space and will continue to explore all related opportunities that could effectively generate value for the Company while maintaining its creator-first mission.

Those interested in following the progress of the OG Gallery should subscribe to updates through the OG Gallery landing page.

More details on the OG Gallery landing page launch are available in CEO Jeremy Frommer’s article, published on Vocal.

About Creatd
Creatd, Inc. (Nasdaq CM: CRTD) is a creator-first technology company and the parent company of the Vocal platform. Our mission is to empower creators, entrepreneurs, and brands through technology and partnership. We accomplish this through Creatd’s three main business pillars: Vocal Ventures, Creatd Partners, and Recreatd. For news and updates, subscribe to Creatd’s newsletter: https://creatd.com/newsletter

Investor Relations Contact: [email protected]

Forward-Looking Statements
Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimated,” “intends,” “plans,” “believes” and “projects”) may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.

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SOURCE Creatd, Inc.

April 29, 2021 9:28 am

Canaan Announces Entry into Agreement for Registered Direct Placement of Approximately US$170.0 Million of its ADSs and Warrants

BEIJING, April 29, 2021 (GLOBE NEWSWIRE) — Canaan Inc. (NASDAQ: CAN) (“Canaan” or the “Company”), a leading high-performance computing solutions provider, today announced it has entered into a securities purchase agreement with certain institutional investors for a registered direct placement of approximately $170.0 million of its American Depositary Shares (“ADS”), each ADS representing 15 Class A ordinary shares of the Company, par value US$0.00000005 per share (the “Class A Ordinary Shares”), or US$12.60 per ADS. The Company has also agreed to issue to the investors warrants (the “Warrants”) to purchase up to an aggregate of 4,047,620 ADSs (representing 60,714,300 Class A Ordinary Shares), at an exercise price of $16.38 per ADS, which Warrants will have a term of three years from the date of issuance. The offering is expected to close on or about May 3, 2021, subject to customary closing conditions.

The net proceeds from this offering will be used for research and development and expansion of production scale, and working capital and general corporate purposes as disclosed in the prospectus supplement to be filed in connection with the offering.

FT Global Capital, Inc. acted as the sole bookrunning placement agent and Valuable Capital Limited acted as co-placement agent for the transaction. These securities are being offered through a prospectus supplement pursuant to the Company’s effective shelf registration statement and the base prospectus contained therein. A shelf registration statement (SEC Filing No. 333-255470) relating to these securities has been filed with the Securities and Exchange Commission (the “SEC”) on April 23, 2021 and became effective automatically pursuant to SEC Rule 462(e).

A prospectus supplement related to the offering will be filed with the SEC. This press release does not constitute an offer to sell or the solicitation of an offer to buy, and these securities cannot be sold in any state in which this offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state. Any offer will be made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement.

About Canaan Inc.

Established in 2013, Canaan Inc. provides high-performance computing solutions to efficiently solve complex problems. In 2016, Canaan successfully initiated the production of its first 16nm chip and passed the test to receive China’s national high-tech enterprise certification. In 2018, Canaan achieved major technological breakthroughs to launch the K210, the world’s first-ever RISC-V-based edge artificial intelligence (AI) chip, which is now widely used for access control in situations such as smart door locks and more. Canaan Inc. is currently focused on the research and development of advanced technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. Using the AI chip as its base, Canaan Inc. has established an intellectual value chain. Canaan Inc. also provides a suite of AI service solutions and is able to tailor these solutions to the needs of its partners. For more information, please visit: investor.canaan-creative.com.

Safe Harbor Statement

This announcement contains forward−looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward−looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the business outlook and quotations from management in this announcement, as well as Canaan Inc.’s strategic and operational plans, contain forward−looking statements. Canaan Inc. may also make written or oral forward−looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Canaan Inc.’s beliefs and expectations, are forward−looking statements. Forward−looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition and results of operations; the expected growth of the Bitcoin industry and the price of Bitcoin; the Company’s expectations regarding demand for and market acceptance of its products, especially its Bitcoin mining equipment; the Company’s expectations regarding maintaining and strengthening its relationships with production partners and customers; the Company’s investment plans and strategies, fluctuations in the Company’s quarterly operating results; competition in its industry in China; and relevant government policies and regulations relating to the Company and cryptocurrency. Further information regarding these and other risks is included in the Company’s filings with the SEC, including its registration statement on Form F−1, as amended, and its annual reports on Form 20−F. All information provided in this press release and in the attachments is as of the date of this press release, and Canaan Inc. does not undertake any obligation to update any forward−looking statement, except as required under applicable law.

Investor Relations Contact

Canaan Inc.
Mr. Shaoke Li
Email: [email protected]

ICR Inc.
Jack Wang
Tel: +1 (347) 396-3281
Email: [email protected]

April 29, 2021 9:27 am

Hyundai Lands Two Vehicles on KBB’s 5-Year Cost to Own List for 2021

Hyundai’s Award-winning Elantra Sedan and Venue Subcompact SUV Awarded by KBB Second Year in a Row

PR Newswire

FOUNTAIN VALLEY, Calif., April 29, 2021 /PRNewswire/ — Hyundai has received two Cost to Own awards by Kelley Blue Book (KBB) for its Venue subcompact SUV and all-new Elantra for a second year in a row. The tenth annual KBB 5-Year Cost to Own Awards recognize new vehicles with the lowest projected ownership costs over the initial five-year ownership period. Purchase price being only one of the many costs associated with vehicle ownership. Once shoppers consider the ongoing costs of fuel, insurance, maintenance and more, the overall financial picture can change significantly from model to model.

“Listening to customer data has allowed us to deliver products that meet consumer needs while also providing superior financial benefit. The Elantra and Venue’s being awarded by KBB to their annual 5-Year Cost to Own, reinforces our commitment in successfully addressing the full cost of vehicle ownership experience,” said Ricky Lao, director, Product Planning, Hyundai Motor North America.

“In a very hotly contested segment where the winning margin was less than $100, the Elantra earned Kelley Blue Book’s 5-Year Cost to Own Award through its superior fuel economy and significantly lower repair costs,” said Eric Ibara, director of residual values for Kelley Blue Book. “In only its second year, the Venue wins in the Subcompact SUV/Crossover category for having low costs in every category, but especially for its expected low repair costs.”

Kelley Blue Book 5-Year Cost to Own information is developed using Kelley Blue Book® Residual Values to calculate depreciation costs. Kelley Blue Book calculates total ownership costs for new vehicles by applying a sophisticated valuation methodology along with critical financial data from third-party providers.

For more information about the 2020 5-Year Cost to Own Award winners, please visit https://www.kbb.com/articles/best-cars/lowest-5-year-cost-to-own-cars-trucks-suvs.

About Kelley Blue Book (www.kbb.com)

Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the vehicle valuation and information source trusted and relied upon by both consumers and the automotive industry. Each week the company provides market-reflective values on its top-rated website KBB.com, including its famous Blue Book® Trade-In Values and Kelley Blue Book® Price Advisor tool, which provides a range for what consumers can reasonably expect to pay for a vehicle in their area.

HYUNDAI MOTOR AMERICA

At Hyundai Motor America, we believe everyone deserves better. From the way we design and build our cars to the way we treat the people who drive them, making things better is at the heart of everything we do. Hyundai’s technology-rich product lineup of cars, SUVs and alternative-powered electric and fuel cell vehicles is backed by Hyundai Assurance—our promise to create a better experience for customers. Hyundai vehicles are sold and serviced through more than 820 dealerships nationwide and nearly half of those sold in the U.S. are built at Hyundai Motor Manufacturing Alabama. Hyundai Motor America is headquartered in Fountain Valley, California, and is a subsidiary of Hyundai Motor Company of Korea.

Please visit our media website at www.HyundaiNews.com

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram

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SOURCE Hyundai Motor America

April 29, 2021 9:27 am

Gogo Inc. (GOGO) Alert: Shareholder Class Action Survives Motion to Dismiss; Should Management be Held Accountable for Investors Losses? Contact Johnson Fistel

PR Newswire

SAN DIEGO, April 29, 2021 /PRNewswire/ — Johnson Fistel, LLP is investigating potential claims on behalf of Gogo Inc. (the “Company” or “Gogo”) (NASDAQ: GOGO) against certain of its officers. On April 26, 2021, Judge Jorge L. Alonso denied a motion to dismiss a class action lawsuit pending in the United States District Court for the Northern District of Illinois against Gogo and certain of its officers.

According to the lawsuit, between February 27, 2017 through May 7, 2018, defendants—Gogo and several of its executives—made certain false and misleading public statements about the reliability of Gogo’s in-flight internet connectivity services and its impact on Gogo’s financial picture. Specifically, the class action lawsuit alleges that Gogo installed its new “2Ku” antenna-and-satellite-based in-flight wifi systems on numerous partner airplanes before and during the class period despite, according to the class action complaint, that defendants knew that the 2Ku systems sometimes did not work after the airplanes had been sprayed with deicing fluid. Thus, the class action lawsuit alleges, defendants knew that Gogo would be unable to hit its service availability targets during periods of winter weather unless it made costly modifications to its 2Ku systems, which would hurt the company’s financial performance. The deicing issue, according to the class action lawsuit, was concealed by defendants from investors for months, and even after disclosing it in February 2018, according to the class action lawsuit, defendants still concealed the seriousness of the issue. It was not until May 2018, according to the class action lawsuit, that Gogo’s new CEO finally disclosed the extent of the problem. According to the class action lawsuit, the May 2018 disclosure caused Gogo’s allegedly artificially inflated stock price to plummet, damaging investors.

If you are a current, long-term shareholder of

Gogo

holding shares since before

February 27, 2017

, you may have standing to hold Gogo harmless from the alleged harm caused by the Company’s executives by making them personally responsible. You may also be able to assist in reforming the Company’s corporate governance to prevent future wrongdoing.

If you are interested in learning more about the investigation, please contact lead analyst Jim Baker ([email protected]) at 619-814-4471. If emailing, please include a phone number.

Additionally, if you have continuously owned Gogo’s shares since before

February 27, 2017

, you can
[Click here to join this action]. There is no cost or obligation to you.

About Johnson Fistel, LLP:

Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com. Attorney advertising. Past results do not guarantee future outcomes.

Contact:

Johnson Fistel, LLP
Jim Baker, 619-814-4471
[email protected]

If you have continuously owned Gogo’s shares since before

February 27, 2017

, you can
[Click here to join this action]. There is no cost or obligation to you.

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SOURCE Johnson Fistel, LLP

April 29, 2021 9:26 am

NCLA Warns About the Disturbing Trend of “Executive Lawmaking” in Biden’s First 100 Days

Washington, D.C., April 29, 2021 (GLOBE NEWSWIRE) — As President Joe Biden closes out the first 100 days of his term on Friday, the new administration has shown no restraint in issuing executive orders and in growing the Administrative State. The New Civil Liberties Alliance, a nonpartisan, nonprofit civil rights group, is raising the alarm on the unprecedented amount of unlawful administrative power that the White House is generating. Executive fiat has become the lawmaking method of choice, thereby trampling Americans’ civil liberties and usurping legislative power in violation of the U.S. Constitution.

Biden’s blitz of executive lawmaking means he has now signed more executive orders than any of the last three presidents had published in the Federal Register in their first 100 days. Biden has issued 41 executive orders, surpassing Trump (25), Obama (19), and Bush (11). In response to this lawless onslaught, NCLA has launched the webpage, “Dazed and Abused: Biden’s 100-day Avalanche of Administrative Abuses,” a sortable database of Biden’s executive orders. While the content of the page is satirical in nature, it’s serious in pointing out the civil liberties these EOs disregard.

For example, just one day into his presidency, Biden instructed the Centers for Disease Control and Prevention (CDC) to extend its unlawful nationwide eviction moratorium. Using the pandemic emergency as an excuse, CDC has issued an eviction moratorium that far exceeds the constitutional limits on its authority and the agency’s expertise. The order, which Biden has now extended until at least the end of June, has deprived Americans across the country of their constitutional right to access the courts to regain possession of their properties from delinquent tenants. NCLA will present oral argument in early May in the U.S. Court of Appeals for the Eleventh Circuit in the case Rick Brown, et al. v. Secretary Xavier Becerra, et al. on behalf of home providers. We’ve also filed a class-action lawsuit in the U.S. District Court for the Northern District of Iowa on behalf of Asa Mossman of Cedar Rapids and many other blameless home providers harmed by the CDC’s lawless order.

On March 8^th, Biden issued an order relating to Title IX instructing the Department of Education to take steps to repeal a Trump-era Title IX rule. This executive order directly attacks the right to due process. Biden’s Title IX order would establish an environment where a mere false allegation of sexual misconduct would suffice to destroy the educational opportunities and careers of students and professors. One such professor is NCLA client, Dr. Mukund Vengalattore, who was a tenure-track physics professor at Cornell University when a Title IX investigation launched by a false accusation ruined his promising career. Cornell’s ensuing Title IX disciplinary process was not only biased and discriminatory, but it also lacked due process. The case is currently pending before the U.S. Court of Appeals for the Second Circuit.

Biden has also issued an order restricting and suspending travel to the United States to combat COVID-19. The “Biden Travel Ban” requires American citizens flying home from overseas to take a rapid COVID test and produce a negative result before they can fly home. The CDC has no statutory or constitutional authority to burden or abridge the fundamental rights of Americans to return home. CDC could arrange to administer rapid COVID tests to American citizens at overseas or U.S. airports, but it cannot impose such an unconstitutional condition on an American citizen’s right to return home.

NCLA will be filing lawsuits in the coming weeks challenging Biden’s executive orders where they violate civil liberties.

NCLA released the following statement:

“Forget the pen and phone strategy of yesteryear’s executive orders; President Biden has a printing press and a call center! Other presidents have turned to executive orders when they have lost control of Congress. President Biden’s party controls both houses of Congress, yet he is still trying to create new laws in the Executive Branch because it is easier. He is deliberately flouting the approved constitutional process for lawmaking.”
— Mark Chenoweth, NCLA Executive Director and General Counsel

ABOUT NCLA

NCLA is a nonpartisan, nonprofit civil rights group founded by prominent legal scholar Philip Hamburger to protect constitutional freedoms from violations by the Administrative State. NCLA’s public-interest litigation and other pro bono advocacy strive to tame the unlawful power of state and federal agencies and to foster a new civil liberties movement that will help restore Americans’ fundamental rights.

###

Judy Pino
New Civil Liberties Alliance
202-869-5218
[email protected]

April 29, 2021 9:26 am

W. R. Berkley Corporation Names Clare Himmer President of Berkley Re UK Limited

W. R. Berkley Corporation Names Clare Himmer President of Berkley Re UK Limited

GREENWICH, Conn.–(BUSINESS WIRE)–W. R. Berkley Corporation (NYSE: WRB) today announced the appointment of Clare Himmer as president of Berkley Re UK Limited effective September 1, 2021. Richard Fothergill will continue as Berkley Re UK’s Chief Executive Officer with the expectation that, by the end of 2021, Ms. Himmer will be appointed CEO and Mr. Fothergill will become Chairman.

Ms. Himmer has nearly 30 years of experience in the reinsurance industry with a particular focus on the London and international markets across multiple classes of business. Most recently, she led the London subsidiary of a specialty Bermuda reinsurance group, establishing and developing key client and broker relationships and growing the London business to a substantial percentage of the group’s revenue. Previously she established, built and led the international treaty platform at another Bermuda based carrier. She is a graduate of the University of Leeds and a member of the Reinsurance Leaders Practice Group at the London Market Forum, Lloyd’s Market Association Sustainability Working Group and the Institute of Directors.

Richard Fothergill joined Berkley Re UK in 2011 to lead the development of the newly formed business. As CEO, he will continue to lead the organization through the transition. Upon assuming the Chairman role, he will remain a valuable resource for the Berkley Re UK team, as well as engage on special projects and initiatives throughout W. R. Berkley Corporation.

W. Robert Berkley, Jr., president and chief executive officer of W. R. Berkley Corporation, commented on the appointment, “Richard has done a tremendous job establishing and developing Berkley Re UK as a successful participant in the U.K and European reinsurance markets. We are exceptionally grateful for his contributions and accomplishments on behalf of the Company and are pleased that he will continue with our organization into the future. His knowledge, expertise and counsel are invaluable to the group. Clare will be an outstanding addition to the BRUK team, and we are confident that she will play an important role in moving Berkley Re UK forward in the U.K. and European reinsurance markets. We are delighted to welcome her to Berkley.”

For further info about products and services available from Berkley Re UK Limited, visit https://www.berkleyre.com/emea/.

Founded in 1967, W. R. Berkley Corporation is an insurance holding company that is among the largest commercial lines writers in the United States and operates worldwide in two segments of the property casualty insurance business: Insurance and Reinsurance & Monoline Excess. For further information about W. R. Berkley Corporation, please visit www.berkley.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210429005697/en/

Karen A. Horvath

Vice President –

Financial Communications

(203) 629-3000

KEYWORDS: Europe United States United Kingdom North America Connecticut

INDUSTRY KEYWORDS: Legal Insurance Human Resources Finance Consulting Banking Accounting Professional Services Small Business Other Professional Services

MEDIA:

April 29, 2021 9:24 am

CLC: Back-to-work legislation undermines workers’ rights

OTTAWA, April 29, 2021 (GLOBE NEWSWIRE) — The Canadian Labour Congress is condemning the Government of Canada’s decision to introduce back-to-work legislation against workers at the Port of Montreal.

There is a cruel irony that this legislation is being introduced on the National Day of Mourning for workers who have been injured or lost their lives on the job. The work of unions to strengthen protections of workers is a crucial part of the work of collective bargaining and has been a key part of the disagreement that led to the labour actions at the Port of Montreal.

It is utterly hypocritical for the government to declare its firm commitment to free collective bargaining while imposing the threat of heavy fines and penalties for exercising the right to withhold labour, safeguarded by the freedom of association guarantee of the Charter of Rights and Freedoms.

By tabling back-to-work legislation, the federal government invites every provincial government unwilling to fairly negotiate with its teachers, nurses, and government employees to similarly trample their Charter rights.

The invitation to the parties to conclude an agreement on their own terms rings hollow, since the government has just given the maritime employers every incentive not to negotiate. This reality is exacerbated by the fact that CUPE Local 375 made several offers to end their strike and return to the bargaining table, but the employer refused their offers with knowledge that the government would impose legislation favouring their position.

Withdrawing Canadians’ fundamental freedoms, upheld by the Supreme Court of Canada, because of the potential harm to Canada’s “reputation as a reliable global trading partner” is wrong. Free collective bargaining is the essence of our democracy.

On behalf of Canada’s workers, we firmly oppose this legislation as a direct blow to the rights of workers in this country.

To arrange an interview, please contact:
CLC Media Relations
[email protected]
613-526-7426

April 29, 2021 9:23 am

Skelton Truck Lines is First to Adopt Alert Fleet Mobile App as Use Case for Future Roll out of Advanced Road-Weather Hazard System

PR Newswire

TORONTO, April 29, 2021 /PRNewswire/ – Predictiv AI Inc. (TSX-V: PAI) (OTC: INOTF) (FSE: 71TA) (“Predictiv AI” or the “Company“), www.predictiv.ai, a software and solutions provider in the artificial intelligence markets, is pleased to announce that, as of April 28, 2021, its wholly-owned subsidiary, Weather Telematics Inc. (“WTI”), will be outfitting the new 70-vehicle US fleet for Skelton Truck Lines Ltd. (“Skelton”) with the Alert Fleet Road Hazard mobile app. The WTI technology package transmits real-time data that provides hyperlocal, advanced road-weather hazard alerts to identify dangerous conditions such as black ice, poor visibility and hydroplaning for drivers and dispatchers to mitigate accidents and reduce insurance costs.

Additionally, WTI is installing Skelton Truck Lines with its proven “ground truth” sensors in each of the new Skelton fleet vehicles. WTI has been conducting in-field testing of the ground truth sensors and collecting proprietary data for more than 10 years and over 100 million miles, providing unparalleled accuracy for real-time road weather conditions. Unlike its competitors, WTI does not rely just on open-source data, but rather uses proprietary historical data which meet current atmospheric temperatures to determine and predict dangerous hyperlocal hazards.

Skelton’s installation satisfies an obligation to fulfill a multi-year seven-figure licensing agreement with geophysical data provider Synoptic Data PBC. Over the term of the agreement, WTI will launch its next generation of weather and road temperature sensors that will turn vehicles, like the ones for Skelton Truck Lines, into their own mobile weather stations.

“Skelton Truck Lines has a long history of being an industry leader and is looking forward to partnering with Predictiv AI to produce a truly innovative product that will promote safer transport over the highways of North America,” said Andy Skelton, CEO of Skelton Truck Lines. “The real-time data being supplied to the drivers as well as the fleet will be a key differentiator in improving overall performance.”

“The Skelton partnership is setting precedents by demonstrating how our new mobile app works in tandem with our proven sensor technology in mitigating the risk of accidents in hazardous conditions,” said Michael Lende, CEO of Predictiv AI. “This is our first in-vehicle mobile app use case on a US fleet, which we will present to insurance companies as a potential incentive for their clients and to fleets to lower their expenses as it relates to premiums and deductibles. Many fleet software solution firms have informed us that our weather technology is exactly what is missing from their suite of offerings and that their fleet customers will want our solution to keep drivers safe.”

For more information on Predictiv AI, visit: www.predictiv.ai and visit Weather Telematics at: www.weathertelematics.com

Facebook:     https://www.facebook.com/PredictivAI/
Twitter:   https://twitter.com/predictivai
LinkedIn:       https://www.linkedin.com/company/predictivai/

About Skelton Truck Lines
Skelton Truck Lines was established in 1962 with one truck. Founder, Larry Skelton, believed that by offering safe, reliable and high-quality service at a fair price he could establish an exceptional company. Today, over 50 years later and with over 150 pieces of equipment, Skelton Truck Lines is a successful, ever-expanding organization. Still keeping to their family roots, Skelton operates family-owned, with three generations of dedicated family members including Larry’s sons and four grandchildren. Andy Skelton is the CEO, Ron Skelton is President, while other son Mike Skelton is Vice President. The grandchildren make up the management positions in dispatch, customer service, human resources, warehousing, and operations. Skelton Truck Lines believes that every employee is a part of the Skelton family.

About Predictiv AI Inc.
Predictiv AI Inc. www.predictiv.ai is a technology company which helps businesses and organizations make smarter decisions with the use of advanced artificial intelligence, deep machine learning and data science techniques. Its subsidiary, Weather Telematics Inc., uses patented air quality monitoring sensors to provide predictive weather risk information to the insurance, logistics, fleet management and public safety sectors. The Company’s R&D division, AI Labs Inc., develops new products that solve real-world business problems.

Cautionary and Forward-Looking Statements

Statements contained in this news release which are not historical facts are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results of the Company to differ materially from the conclusion, forecast or projection stated in such forward-looking statements. These risks, uncertainties and other factors include, but are not limited to, ThermalPass achieving the commercial results anticipated by the Company, market demand for ThermalPass and other factors referenced in the Company’s other continuous disclosure filings, which are available at sedar.com. Readers should not place undue reliance on these forward-looking statements. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws.

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NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

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SOURCE Predictiv AI Inc.