Economic problem

AWH ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 FINANCIAL RESULTS

Retrieved on: 
Tuesday, March 12, 2024

Q4 2023: Generated $16.7 million Cash from Operations in the quarter, representing the fourth quarter in a row the Company generated Cash from Operations.

Key Points: 
  • Q4 2023: Generated $16.7 million Cash from Operations in the quarter, representing the fourth quarter in a row the Company generated Cash from Operations.
  • Q4 2023 represented the fourth quarter in a row where the Company has experienced sequential growth in gross and net wholesale revenue.
  • Net loss attributable to AWH for Q4 2023 was $19.3 million during the quarter compared to $11.2 million in the prior quarter.
  • ET to discuss its financial results for the quarter and year ended December 31, 2023.

Fir Tree Issues Open Letter to Fellow SBB Noteholders Outlining Concerns with Company’s Tender Offer

Retrieved on: 
Monday, November 20, 2023

Fir Tree Partners (“Fir Tree” or “we”), a meaningful holder of the 2028 Notes and 2029 Notes guaranteed by Samhällsbyggnadsbolaget I Norden Ab (publ) (“SBB” or the “Company”), today issued an open letter to fellow noteholders to outline its concerns with the Company’s tender offer memorandum dated November 16, 2023.

Key Points: 
  • Fir Tree Partners (“Fir Tree” or “we”), a meaningful holder of the 2028 Notes and 2029 Notes guaranteed by Samhällsbyggnadsbolaget I Norden Ab (publ) (“SBB” or the “Company”), today issued an open letter to fellow noteholders to outline its concerns with the Company’s tender offer memorandum dated November 16, 2023.
  • We are writing to share our concerns regarding the tender offer memorandum, dated November 16, 2023 (the “Tender Offer Memorandum”), issued by Samhällsbyggnadsbolaget I Norden Ab (publ) (“SBB” or the “Company”).
  • From our perspective, this makes the Tender Offer open to question and leads us to ask: what is the Company’s true motive for offering Noteholders a Tender Offer at this moment in time?
  • We strongly encourage all Noteholders to consider the concerns outlined above before participating in the Tender Offer.

SFI announces Lauren T. Cooper as its new Chief Conservation Officer

Retrieved on: 
Tuesday, October 11, 2022

WASHINGTON and OTTAWA, Oct. 11, 2022 (GLOBE NEWSWIRE) -- The Sustainable Forestry Initiative (SFI) announced Lauren T. Cooper as its new Chief Conservation Officer today.

Key Points: 
  • WASHINGTON and OTTAWA, Oct. 11, 2022 (GLOBE NEWSWIRE) -- The Sustainable Forestry Initiative (SFI) announced Lauren T. Cooper as its new Chief Conservation Officer today.
  • Cooper has had extensive experience in conservation and climate science, policy and conservation education and has authored numerous publications.
  • As Chief Conservation Officer, Cooper will report to the CEO and will provide conservation leadership to SFI and its vast network of conservation groups, resource professionals, landowners, educators, local communities, Indigenous Peoples, governments, universities, brand owners, and the forest sector.
  • "SFI is thrilled to have Lauren join our team, said Kathy Abusow, President and CEO of SFI.

Klaytn Foundation launches Web3 hackathon, with over US$1 million in prizes and grant opportunities!

Retrieved on: 
Wednesday, August 10, 2022

There are five tracks that participants can select from:

Key Points: 
  • There are five tracks that participants can select from:
    The Klaytn Core+ track- for developers who are interested in driving improvement and building toolings on Klaytn core protocol.
  • Klaytn Foundation is a non-profit organization that was established to accelerate global adoption and ecosystem maturity on Klaytn.
  • The foundation manages the US$500m Klaytn Growth Fund and operates alongside Krust, a subsidiary of internet giant Kakao Corp that invests in projects built on Klaytn.
  • DoraHacks provides key infrastructuresconnecting developers with grants and other crucial resources from leading Web3 ecosystems like Binance, Solana, Polygon, Klaytn.

MINT HOUSE DEBUTS TWO NEW PROPERTIES IN PHILADELPHIA

Retrieved on: 
Monday, July 25, 2022

NEW YORK, July 25, 2022 /PRNewswire/ -- Mint House, the premiere tech-enabled residential hospitality brand offering spacious, apartment-style accommodations across the U.S., announced today the opening of two new locations in Philadelphia - Mint House at The Ledger, a landmarked building directly overlooking Independence Hall, and Mint House at The Divine Lorraine Hotel, a 130-year-old landmarked property, which was the first racially integrated hotel in America. Additionally, as part of its partnership with EB Realty Management Corp, who own The Divine Lorraine, Mint House will open a to-be-named 47-unit full building conversion in Philadelphia's Old City neighborhood in Q4 2022.

Key Points: 
  • As with all Mint House properties, apartments will feature full kitchens, expansive living areas, in-unit laundry and contactless and mobile-first check-in.
  • Mint House at The Divine Lorraine Hotel has a close partnership with the neighboring Met Philadelphia, which will soon host the likes of Ringo Starr, Alicia Keys and Amy Schumer."
  • "I am truly excited about the partnership with Mint House at The Ledger, says Peter d'Aubermont of Heights Advisors."
  • Today, Mint House has more than 22 artfully designed, tech-first properties in more than 15 major U.S. cities including New York, Miami, Austin, Denver and Nashville.

ANALYSIS: MAJORITY OF TOP BIDEN OFFICIALS HAVE ZERO BUSINESS EXPERIENCE

Retrieved on: 
Thursday, July 14, 2022

WASHINGTON, July 14, 2022 /PRNewswire/ -- A survey (https://committeetounleashprosperity.com) of the employment history of 68 top officials in the Biden Administration – starting with the president himself – shows most of the nation's senior executive branch policymakers have zero experience in the private sector. This analysis by The Committee to Unleash Prosperity explains why the Biden policies on the economy have been such a failure. Almost none of the key policymakers know anything about business, commerce or finance.

Key Points: 
  • This analysis by The Committee to Unleash Prosperity explains why the Biden policies on the economy have been such a failure.
  • They found:
    The median years of business experience is zero.
  • 62% of the Biden appointees dealing with economic policy, regulation, commerce, energy, and finance have no practical experience working in the private sector.
  • The vast majority of the Biden economic/commerce team consists of professional politicians, lawyers, community organizers, academics, lobbyists, and government employees.

Showplace Debuts Platform for Airbnb, VRBO Hosts to Design and Furnish Their Listings

Retrieved on: 
Tuesday, June 7, 2022

DENVER, June 7, 2022 /PRNewswire-PRWeb/ -- Showplace, the platform for smarter hosting, has raised $2 million to help design and furnish Airbnbs and VRBOs amid a boom in short-term rentals since the beginning of the pandemic. Showplace aims to become the modern infrastructure powering 100,000 new Airbnbs by 2024, providing the highest-quality products at wholesale prices in addition to expert guidance on building a listing that books up with satisfied guests.

Key Points: 
  • DENVER, June 7, 2022 /PRNewswire-PRWeb/ -- Showplace, the platform for smarter hosting, has raised $2 million to help design and furnish Airbnbs and VRBOs amid a boom in short-term rentals since the beginning of the pandemic.
  • Airbnb and VRBO are experiencing explosive growth as short-term rental investors aim to meet growing traveler demand.
  • Short-term rental hosts get started by creating a Showplace account and verifying they are the active host of an Airbnb or VRBO.
  • "The Showplace team has a deep understanding of the STR market, and the Showplace platform is already loved by hosts and brands," said Matchstick Ventures Partner Natty Zola.

National Institute for Reproductive Health Salutes SNL Cast and Crew for Taking a Bold Stance in Support of Abortion Rights, Rocking 1973 Tee's Benefitting the Organization's Efforts to Safeguard Access in States and Cities Across the Country

Retrieved on: 
Monday, May 9, 2022

NEW YORK, May 9, 2022 /PRNewswire/ -- Over the weekend, NBC's Saturday Night Live took a bold stance in support of abortion rights.

Key Points: 
  • NEW YORK, May 9, 2022 /PRNewswire/ -- Over the weekend, NBC's Saturday Night Live took a bold stance in support of abortion rights.
  • $5 from the sale of every t-shirt is donated to support NIRH's efforts to fight for just and equitable access to reproductive health care, including abortion care, at the state and local levels.
  • TheNational Institute for Reproductive Health(NIRH) is an advocacy group that works directly with state and local reproductive health, rights, and justice organizations and allied groups to protect and advance access to reproductive healthcare.
  • NIRH's strategy is to go on the offensive and focus on communities where change is needed, so the fabric of reproductive freedom becomes harder to tear apart.

Global Revenue-based Funding Leader Clearco Commits €100 Million Investment Into the Irish Economy and Creates International Sales Hub In Dublin Further Bolstering Global Growth

Retrieved on: 
Wednesday, March 30, 2022

DUBLIN and LONDON and TORONTO and NEW YORK, March 30, 2022 /PRNewswire/ -- Clearco, the world's largest ecommerce investor and the company revolutionizing the way founders grow their businesses, today announced that it is continuing to build on its commitment to democratize access to capital and expand into growing global markets with the introduction of its signature equity-free capital funding product to Irish founders and entrepreneurs.  The company plans to invest  €100 million into digital-first Irish businesses, as it continues to support the 15+ % growth predicted in the Irish economy in 2022*. Clearco also plans to expand its products and services within its current European operations and into new key markets across the continent in 2022 – with plans including expansion into Western Europe, Central Europe and the Nordic region.  Currently the company operates in The US, Canada, Australia, The UK, Ireland and The Netherlands.

Key Points: 
  • The company plans to invest 100 million into digital-first Irish businesses, as it continues to support the 15+ % growth predicted in the Irish economy in 2022*.
  • Clearco is currently a global leader and pioneer of the 'revenue-based funding' sector.
  • Co-Founder and CEO of Clearco Michele Romanow commented "Clearco is excited to bring our revenue-based funding model to Irish founders.
  • Clearco is excited to establish this International Sales hub in Ireland to support our growth in the EMEA region.

CLEARCO & INDIEGOGO LAUNCH $10 MILLION FUND TO FUEL GROWTH OF INDIEGOGO ENTREPRENEURS

Retrieved on: 
Wednesday, March 16, 2022

NEW YORK, March 16, 2022 /PRNewswire/ -- Clearco, the world's largest e-commerce investor and the company revolutionizing the opportunities for founders to grow their businesses, and Indiegogo, the platform for entrepreneurs to launch innovative and groundbreaking products, today announced a $10 Million Indiegogo Creators Fund powered by Clearco to accelerate growth of crowdfunding campaigns.

Key Points: 
  • "Clearco has helped fund dozens of Indiegogo campaigns in the past year alone, and we are thrilled to expand this initiative to as many entrepreneurs as possible."
  • As a company whose mission is to unlock the entrepreneurial innovation being ignored by traditional funding sources, Clearco sees this collaboration as an enormous opportunity to fuel founder growth.
  • To date, Clearco has invested over $2.5 million into Indiegogo Entrepreneurs and is excited to quadruple this investment over the coming year with the creation of the new fund.
  • Since the company launched in 2008, Indiegogo has helped fund over 925,000 ideas and raised over $2 billion benefitting more than 700,000 entrepreneurs.