Legislation

Discover Financial Services Reports Fourth Quarter 2021 Net Income of $1.1 Billion or $3.64 Per Diluted Share and Full Year Net Income of $5.4 Billion or $17.83 Per Diluted Share

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Wednesday, January 19, 2022 - 9:20pm

Discover Financial Services (NYSE: DFS) today reported net income of $1.1 billion or $3.64 per diluted share for the fourth quarter of 2021, as compared to a net income of $799 million or $2.59 per diluted share for the fourth quarter of 2020.

Key Points: 
  • Discover Financial Services (NYSE: DFS) today reported net income of $1.1 billion or $3.64 per diluted share for the fourth quarter of 2021, as compared to a net income of $799 million or $2.59 per diluted share for the fourth quarter of 2020.
  • For the full year 2021, net income was $5.4 billion or $17.83 per diluted share, compared to $1.1 billion or $3.60 per diluted share for the full year 2020.
  • The fourth quarter of 2021 included a $39 million reserve release, compared to no change in reserves in the fourth quarter of 2020.
  • Discover Financial Services (NYSE: DFS) is a digital banking and payment services company with one of the most recognized brands in U.S. financial services.

Beautycounter, the Industry-Leading Clean Beauty Brand, Continues Growth, Appoints New CEO

Retrieved on: 
Wednesday, January 19, 2022 - 9:05pm

SANTA MONICA, Calif., Jan. 19, 2022 /PRNewswire/ -- Counter Brands, LLC – parent company of Beautycounter, the leader in clean beauty – today announced that Marc Rey has been appointed Chief Executive Officer, effective February 1, 2022.  Founder, Gregg Renfrew, will serve as the company's Executive Chair and Chief Brand Officer. In partnership with Renfrew, Rey will focus on operationalizing Beautycounter's mission to lead and define the future of the global beauty industry, further accelerating its strategic initiatives by increasing brand awareness as well as bolstering the company's innovative, integrated, omnichannel business model.

Key Points: 
  • "I am thrilled to join Gregg and her team at Beautycounter, the undeniable pioneer of clean beauty.
  • Under Gregg's leadership, the company has led widespread industry transformation and a movement that continues to gain momentum," said Marc Rey, newly appointed CEO of Beautycounter.
  • Rey joins Beautycounter after most recently serving as CEO and Global Chief Growth Officer of Shiseido Americas.
  • Beautycounter is a mission-driven, digitally native, clean beauty brand that has continued to lead and define the future of the global beauty industry since it wasfounded in 2011.

Ovation: Statement Regarding the House Small Business Committee Hearing on the Creative Economy

Retrieved on: 
Wednesday, January 19, 2022 - 8:02pm

LOS ANGELES, Jan. 19, 2022 /PRNewswire/ -- Today the House Committee on Small Businessheld a hearing titled "The Power, Peril, and Promise of the Creative Economy."

Key Points: 
  • LOS ANGELES, Jan. 19, 2022 /PRNewswire/ -- Today the House Committee on Small Businessheld a hearing titled "The Power, Peril, and Promise of the Creative Economy."
  • A major contributor to the US economy, the Arts & Culture sector is in desperate need of pandemic relief and support from the government.
  • The hearings'witnesses provided recommendations for investments in key infrastructure as well asa roadmap for bringing arts, culture, and creativity into the center of long-term recovery.
  • We call on the House to pass all existing legislation for relief and recovery for the creative sector, and to create a Secretary of Arts & Culture to represent this vital sector of the U.S. economy.

Advisory - Lichtenberg generators pose life-threatening danger to users

Retrieved on: 
Wednesday, January 19, 2022 - 5:50pm

Issue:Lichtenberg generators rely on high-voltage energy sources and contain exposed wiring that can result in death to users and bystanders.

Key Points: 
  • Issue:Lichtenberg generators rely on high-voltage energy sources and contain exposed wiring that can result in death to users and bystanders.
  • What to do:Do not attempt to build or use a Lichtenberg generator for any purpose; immediately disassemble and deactivate any homemade Lichtenberg generators; and report the sale of any Lichtenberg generators to Health Canada.
  • Health Canada is aware of six reports of fatal injuries in Canada since 2017 resulting from the use of wood-burning devices know as Lichtenberg generators.
  • Lichtenberg generators are often promoted as wood-burning devices that are intended to create art or abstract objects.

Tudor Gold Grants Options

Retrieved on: 
Wednesday, January 19, 2022 - 8:05pm

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation.

Key Points: 
  • This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation.
  • Such forward-looking information and statements are based on numerous assumptions, including among others, that the Company's planned exploration activities will be completed in a timely manner.
  • Accordingly, readers should not place undue reliance on forward-looking statements or information.
  • To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110846

Pervasip Announces 330% Growth in Wholesale Division

Retrieved on: 
Tuesday, January 18, 2022 - 2:45pm

As Pervasip recently announced, several exciting accomplishments and initiatives will be shared over the next few months, and wholesale growth is one of the keystone initiatives that has been successfully executed over the past months.

Key Points: 
  • As Pervasip recently announced, several exciting accomplishments and initiatives will be shared over the next few months, and wholesale growth is one of the keystone initiatives that has been successfully executed over the past months.
  • Pervasip's newly created wholesale division is poised for continuing growth in 2022, and has become an important go to market channel for various independent cultivation partners that the Pervasip group of companies is servicing.
  • We are turning this opportunity into a wholesale market, managed by our wholesale group where buyers and sellers can easily exchange inventory information and execute purchases."
  • Burtscher continued: "We estimate growth in the new wholesale division will reach $12 million in annualized revenues within a year.

DGAP-News: CryptoSimple On Track to Launch Service in European Union in 2022

Retrieved on: 
Wednesday, January 19, 2022 - 8:22pm

MARSEILLE, FRANCE / ACCESSWIRE / January 19, 2022 / CryptoSimple , the financial advisor service for Cryptocurrency assets, is pleased to announce that they are on track to launch in the European Union in 2022.

Key Points: 
  • MARSEILLE, FRANCE / ACCESSWIRE / January 19, 2022 / CryptoSimple , the financial advisor service for Cryptocurrency assets, is pleased to announce that they are on track to launch in the European Union in 2022.
  • Founded in March of 2021, CryptoSimple saw the opportunity for traditional investors to participate in Decentralized Finance (DeFi).
  • As of January 2022, over $100 Billion worth of assets are locked in DeFi through apps like CryptoSimple.
  • CryptoSimple CEO Franois Julien is excited about their impending launch, "With CryptoSimple we aim to simplify the process of investing in cryptocurrencies.

Calfee, Halter & Griswold Partner Patrick Hayes Co-Authors The NSCP Firm and CCO Liability Framework Guide

Retrieved on: 
Wednesday, January 19, 2022 - 6:43pm

Cincinnati, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Patrick D. Hayes , Partner and Investment Management practice leader at the law firm of Calfee, Halter & Griswold LLP and member of the National Society of Compliance Professionals (NSCP) Board of Directors, recently co-authored The NSCP Firm and CCO Liability Framework, a guide providing a practical approach to the topic of chief compliance officer (CCO) liability.

Key Points: 
  • Cincinnati, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Patrick D. Hayes , Partner and Investment Management practice leader at the law firm of Calfee, Halter & Griswold LLP and member of the National Society of Compliance Professionals (NSCP) Board of Directors, recently co-authored The NSCP Firm and CCO Liability Framework, a guide providing a practical approach to the topic of chief compliance officer (CCO) liability.
  • The results of the surveys were incredibly instructive and provided the baseline for the Regulatory Advisory Committee to develop The NSCP Firm and CCO Liability Framework, said Hayes.
  • The NSCP Firm and CCO Liability Framework ("NSCP Framework [1] ") provides a practical approach to the topic and complements an earlier publication by the New York City Bar Association titled New York City Bar Association White Paper on CCO Liability.
  • The NSCP Framework states, To more effectively address the issue of CCO liability, the NSCP believes it is necessary to focus on the larger context of the compliance function within firms and to do so earlier in regulatory reviews, whether during examinations or enforcement investigations.A copy of The NSCP Firm and CCO Liability Framework guide provides additional details.

La’ad Canada Announces Public Launch of CARE Project to Help Combat Antisemitism

Retrieved on: 
Wednesday, January 19, 2022 - 6:25pm

TORONTO, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Laad Canada officially announced today the public launch of its CARE Project Combatting Antisemitism through Research and Education.

Key Points: 
  • TORONTO, Jan. 19, 2022 (GLOBE NEWSWIRE) -- Laad Canada officially announced today the public launch of its CARE Project Combatting Antisemitism through Research and Education.
  • The CARE Project is focused on providing practical, job-relevant information to police, first responders and other public sector workers, to help them recognize and combat antisemitism, said Sam Eskenasi, Director of Advocacy for Laad Canada.
  • It is our hope that together we can help combat antisemitism by focusing on research and education where it matters most.
  • Laad Canadas CARE Project and related training program has been designed to provide public sector employees with relevant knowledge and information on how to identify and combat antisemitism, both in the workplace and when interacting with the public at large.

CHARBONE Corporation and the City of Selkirk Partner on Supply of Green Hydrogen

Retrieved on: 
Wednesday, January 19, 2022 - 1:19pm

Charbone will leverage is expertise in the construction and development of green hydrogen production facilities powered from renewable energies and the selling and distribution of its green hydrogen.

Key Points: 
  • Charbone will leverage is expertise in the construction and development of green hydrogen production facilities powered from renewable energies and the selling and distribution of its green hydrogen.
  • Charbone and the City of Selkirk will evaluate the feasibility of the facility with expected initial deliveries as early as the fourth quarter of 2022.
  • Charbone may also provide to the City of Selkirk oxygen in the absence of market feasibility.
  • We are pleased that Charbone Corporation has decided on the City of Selkirk as the potential location for its first Western Canadian venture, said Tim Feduniw, Director of Sustainable Economic Development for the City of Selkirk.