PACE

UAE Foreign Minister Meets U.S. Counterpart, Senators in Washington

Retrieved on: 
Wednesday, February 15, 2023

Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, on Tuesday met with Antony Blinken, US Secretary of State, in Washington.

Key Points: 
  • Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation, on Tuesday met with Antony Blinken, US Secretary of State, in Washington.
  • They discussed ways to further broaden and deepen the strong US-UAE partnership, and cooperation in the fields of security, climate, trade exchange and investment.
  • On the other hand, the UAE Foreign Minister held meetings with members of the Senate, Bob Menendez, Chairman of the Senate Foreign Relations Committee; Jim Risch, Vice Chairman of the Committee; Senator Todd Young.
  • The meetings were attended by Reem bint Ibrahim Al Hashemy, Minister of State for International Cooperation; Ambassador Lana Zaki Nusseibeh, Assistant Minister of Foreign Affairs and International Cooperation for Political Affairs and the UAE Permanent Representative to the United Nations; and Yousef Manea Al Otaiba, the UAE Ambassador to the United States.

Hyundai Mobis sets a new record in global auto components orders last year

Retrieved on: 
Tuesday, January 31, 2023

This is the greatest achievement since the company began to fully engage in the global auto components market in the early 2000s.

Key Points: 
  • This is the greatest achievement since the company began to fully engage in the global auto components market in the early 2000s.
  • Hyundai Mobis' global orders, called non-captive orders, excluding orders from Hyundai Motor and Kia, has contributed to the highest annual sales in the company history, worth $42 billion (KRW 51 trillion) in 2022.
  • The dramatic increase in the expansion of global order is the result of large-scale orders for value-added components, such as advanced assistance systems (ADAS) integrated products.
  • Hyundai Mobis' global orders has increased consistently over the years.

Texas PACE Authority Wins Approval to Provide Financing for HUD and FHA Multi-Family Projects in Texas

Retrieved on: 
Tuesday, January 24, 2023

"This authorization is a huge win for low-income populations in Texas that are desperate for affordable and sustainable housing in rural and urban areas alike," said Charlene Heydinger, president of the Texas PACE Authority.

Key Points: 
  • "This authorization is a huge win for low-income populations in Texas that are desperate for affordable and sustainable housing in rural and urban areas alike," said Charlene Heydinger, president of the Texas PACE Authority.
  • HUD's approval was issued on Dec. 23 after carefully reviewing the Texas PACE Authority's eligibility criteria, standardized contracts, and underwriting standards.
  • Since 2013, the Texas PACE Authority helped mobilize more than $362 million of PACE financing for energy and water efficiency projects across Texas.
  • "All of these cities have established PACE programs administered by Texas PACE Authority that can now use PACE to facilitate increased HUD and FHA multifamily investments to address their housing shortages," Heydinger said.

Lightelligence Announces Moonstone Laser for Broad Range of Powerful Computing and Sensing Applications

Retrieved on: 
Tuesday, January 24, 2023

BOSTON, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Lightelligence , the global leader in optical computing, today announced the Lightelligence Moonstone™ laser, a small-footprint, high-power single or multi-wavelength optical laser source for a broad range of applications including optical and quantum computing, optical I/O, LiDAR and sensing.

Key Points: 
  • BOSTON, Jan. 24, 2023 (GLOBE NEWSWIRE) -- Lightelligence , the global leader in optical computing, today announced the Lightelligence Moonstone™ laser, a small-footprint, high-power single or multi-wavelength optical laser source for a broad range of applications including optical and quantum computing, optical I/O, LiDAR and sensing.
  • PACE is, to date, the only fully integrated optical computing system working at speed to be demonstrated publicly.
  • Lightelligence will showcase the capabilities of Moonstone and PACE at Photonics West in San Francisco at the end of the month.
  • “Our Moonstone laser is a well-suited companion product to our computing platforms,” remarks Yichen Shen, Ph.D., founder and CEO of Lightelligence.

State and Federal Regulators Lift Sanctions at InnovAge’s Colorado PACE Centers

Retrieved on: 
Monday, January 23, 2023

The release of both sanctions permits InnovAge to resume normal enrollment of eligible Colorado seniors into its Program of All-inclusive Care for the Elderly (PACE) at its centers in Aurora, Denver, Lakewood, Northern Colorado, Pueblo, and Thornton.

Key Points: 
  • The release of both sanctions permits InnovAge to resume normal enrollment of eligible Colorado seniors into its Program of All-inclusive Care for the Elderly (PACE) at its centers in Aurora, Denver, Lakewood, Northern Colorado, Pueblo, and Thornton.
  • CMS and HCPF will require InnovAge to conduct post-sanction corrective action and monitoring activities to address any issues identified during the validation audits.
  • The enrollment sanction release in Colorado follows CMS’ November release from sanction of InnovAge’s PACE center in Sacramento, California.
  • “We are extremely honored and excited to resume enrollment of eligible Colorado seniors into the PACE program,” said CEO Patrick Blair.

DBRS Morningstar: U.S. ABS 2023 Outlook

Retrieved on: 
Monday, January 9, 2023

Nonetheless, DBRS Morningstar has a stable credit rating outlook across U.S. asset-backed securities (ABS).

Key Points: 
  • Nonetheless, DBRS Morningstar has a stable credit rating outlook across U.S. asset-backed securities (ABS).
  • DBRS Morningstar credit ratings, and other types of credit opinions and reports, are no intended for Australian residents or entities.
  • The DBRS Morningstar group of companies are wholly-owned subsidiaries of Morningstar, Inc.
    © 2023 DBRS Morningstar.
  • The information upon which DBRS Morningstar credit ratings and other types of credit opinions and reports are based is obtained by DBRS Morningstar from sources DBRS Morningstar believes to be reliable.

Parker Arts Presents "The Sound of Music"

Retrieved on: 
Monday, January 9, 2023

PARKER, Colo., Jan. 9, 2023 /PRNewswire/ -- The Parker Arts, Culture, and Events (PACE) Center's much-anticipated production of The Sound of Music will open to audiences Friday, January 13. The show will run through February 4 and include a sensory-friendly performance on January 22. The beloved musical tells the story of Maria Augusta Trapp, the governess of the von Trapp family, who introduces music and cheer to their home. Maria and the von Trapp family soon navigate challenges as Nazism takes hold of Austria.

Key Points: 
  • Parker Arts Presents One Of The Most Beloved Musicals Of All Time!
  • PARKER, Colo., Jan. 9, 2023 /PRNewswire/ -- The Parker Arts, Culture, and Events (PACE) Center's much-anticipated production of The Sound of Music will open to audiences Friday, January 13.
  • Modifications will include lower sound levels, a reduction of strobe lighting, and low-level lights remaining on in the theater during the performance.
  • THE SOUND OF MUSIC is sponsored by Lutheran High School and presented by arrangement with Concord Theatricals on behalf of The Rodgers & Hammerstein Organization.

Biden Signs Five Animal Protection Measures into Law

Retrieved on: 
Friday, December 30, 2022

WASHINGTON, D.C., Dec. 30, 2022 (GLOBE NEWSWIRE) -- Yesterday, President Joe Biden inked the last of five animal protection measures into law in the year-end spending bill to fund the Federal Government for FY2023.

Key Points: 
  • WASHINGTON, D.C., Dec. 30, 2022 (GLOBE NEWSWIRE) -- Yesterday, President Joe Biden inked the last of five animal protection measures into law in the year-end spending bill to fund the Federal Government for FY2023.
  • Biden signed into statute the Big Cat Public Safety Act and Shark Fin Sales Elimination Act in the preceding weeks as well.
  • Animal Wellness Action launched a new site, www.HISAWatchdog.org , to help facilitate communication and keep a watchful eye on regulators.
  • With the enactment of these new measures, Animal Wellness Action has helped secure a total of 12 new animal protection laws within four years since the organization was formed in 2018.

DBRS Morningstar: U.S. PACE ABS 2023 Outlook

Retrieved on: 
Thursday, January 5, 2023

DBRS Morningstar expects the performance of both commercial property assessed clean energy (C-PACE) and residential PACE (R-PACE) securitizations to remain stable in 2023, with relatively low portfolio-level delinquencies and losses.

Key Points: 
  • DBRS Morningstar expects the performance of both commercial property assessed clean energy (C-PACE) and residential PACE (R-PACE) securitizations to remain stable in 2023, with relatively low portfolio-level delinquencies and losses.
  • DBRS Morningstar credit ratings, and other types of credit opinions and reports, are no intended for Australian residents or entities.
  • The DBRS Morningstar group of companies are wholly-owned subsidiaries of Morningstar, Inc.
    © 2023 DBRS Morningstar.
  • The information upon which DBRS Morningstar credit ratings and other types of credit opinions and reports are based is obtained by DBRS Morningstar from sources DBRS Morningstar believes to be reliable.

HL Klemove and Sonatus Announce Collaboration to Enable Next-Generation E/E Architecture for Software-Defined Vehicle Applications

Retrieved on: 
Wednesday, January 4, 2023

Hardware solution from electronics leader HL Klemove based on NXP® Semiconductors' S32G vehicle network processor and other high-performance networking and storage components.

Key Points: 
  • Hardware solution from electronics leader HL Klemove based on NXP® Semiconductors' S32G vehicle network processor and other high-performance networking and storage components.
  • Through a combination of a hardware platform from HL Klemove and a software platform from Sonatus, the resulting reference design will accelerate development and exploration of how core vehicle networks are designed.
  • "This collaboration between HL Klemove and Sonatus forms a valuable foundation to unlock new value and possibilities for the future of mobility.
  • "Collaborating with HL Klemove has allowed us to create a platform that is well-suited to serve a range of important markets.