COLA

Algoma Steel Confirms USW Local 2251 Agree to Take Offer to Employees for a Vote

Retrieved on: 
Friday, August 12, 2022 - 11:00pm

MARIE, Ontario, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that United Steelworkers Local 2251 (2251 or the Union) have agreed to take the Companys last offer to a vote by employees in the affected bargaining unit.

Key Points: 
  • MARIE, Ontario, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that United Steelworkers Local 2251 (2251 or the Union) have agreed to take the Companys last offer to a vote by employees in the affected bargaining unit.
  • Marie, Ontario, Canada, Algoma is a fully integrated producer of hot and cold rolled steel products including sheet and plate.
  • Algoma is a key supplier of steel products to customers in Canada and Midwest USA and is the only producer of plate steel products in Canada.
  • Our customer focus, growing capability and courage to meet the industrys challenges head-on, position us firmly as your partner in steel.

Algoma Steel Tables Revised Best and Final Offer in Collective Agreement Negotiations with USW Local 2251

Retrieved on: 
Saturday, August 6, 2022 - 1:19am

MARIE, Ontario, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Company has submitted a revised best and final Collective Bargaining Agreement (CBA) offer to the Negotiating Committee of United Steelworkers Local Union 2251 (2251), the union representing Algomas hourly employees.

Key Points: 
  • MARIE, Ontario, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Algoma Steel Group Inc. (NASDAQ: ASTL; TSX: ASTL) (Algoma or the Company) announced today that the Company has submitted a revised best and final Collective Bargaining Agreement (CBA) offer to the Negotiating Committee of United Steelworkers Local Union 2251 (2251), the union representing Algomas hourly employees.
  • Algoma has again received notice that the 2251 Negotiating Committee has refused the offer and is unwilling to bring the offer to employees for a vote.
  • We accomplished this with USW Local 2724, whose bargaining committee and membership approved largely the same offer we have presented to Local 2251.
  • Our customer focus, growing capability and courage to meet the industrys challenges head-on, position us firmly as your partner in steel.

TEAMSTER LEADERS UNANIMOUSLY ENDORSE TENTATIVE DHL NATIONAL MASTER AGREEMENT

Retrieved on: 
Friday, August 5, 2022 - 4:47pm

WASHINGTON, Aug. 5, 2022 /PRNewswire/ -- Local union leaders representing Teamsters at DHL Express met in Philadelphia today and unanimously endorsed a tentative DHL National Master Agreement at the logistics company. The four-year contract proposal and supplemental agreements, both local and regional, will now go the membership for a democratic ratification vote in August.

Key Points: 
  • Local Union Representatives Approve Contract Proposal and Supplements; Member Voting Tentatively Scheduled to Take Place Later This Month
    WASHINGTON, Aug. 5, 2022 /PRNewswire/ -- Local union leaders representing Teamsters at DHL Express met in Philadelphia today and unanimously endorsed a tentative DHL National Master Agreement at the logistics company.
  • "In all my years negotiating on behalf of DHL workers, this tentative agreement is by far the strongest we've ever secured.
  • If ratified, Hamilton noted, the new national contract will be the most lucrative national master agreement at DHL in Teamster history, with significant wage increases across all classificationsfor both full-time and part-time workersretroactive to April 1.
  • The tentative National Master DHL Agreement runs from April 1, 2022, through March 31, 2026.

Moleculera Labs and General Genomics Form Strategic Alliance to Utilize Proprietary AI to Provide Personalized Medicine for Autoimmune Neuropsychiatric Disorders

Retrieved on: 
Tuesday, July 26, 2022 - 1:00pm

OKLAHOMA CITY, July 26, 2022 /PRNewswire/ -- Moleculera Labs, Inc. (Moleculera) and General Genomics, Inc. (GGI) announce the formation of a strategic alliance between the two companies.

Key Points: 
  • OKLAHOMA CITY, July 26, 2022 /PRNewswire/ -- Moleculera Labs, Inc. (Moleculera) and General Genomics, Inc. (GGI) announce the formation of a strategic alliance between the two companies.
  • Moleculera Labs, Inc. is a precision medicine company focused on identifying the underlying root of neurologic, psychiatric, and behavioral disorders.
  • General Genomics, Inc. is a cutting-edge bioinformatics, AI and machine learning organization founded by former General Electric (GE) and Baker Hughes AI engineers.
  • Moleculera Labs is a precision medicine company focused on understanding the biological roots and testing for autoimmune neuropsychiatric disorders.

Equable Institute Analysis Finds State and Municipal Pension Funds Facing Largest Single-Year Decline in Funded Ratio Since the Great Recession

Retrieved on: 
Wednesday, July 20, 2022 - 1:15pm

NEW YORK, July 20, 2022 /PRNewswire/ -- State and municipal retirement systems are on track to lose nearly half of 2021's once-in-a-century investment returns in 2022, according to Equable Institute's annual State of Pensions report. Following a year of record investment gains and economic growth, unfunded liabilities dipped below $1 trillion in 2021, bringing the aggregate funded ratio to 84.8%, the analysis finds. However, Equable estimates that the aggregate funded ratio for U.S. public pension funds will decline to 77.9% in 2022 and unfunded liabilities will increase to $1.4 trillion — the largest single-year decline in funded ratio since the Great Recession.

Key Points: 
  • However, Equable estimates that the aggregate funded ratio for U.S. public pension funds will decline to 77.9% in 2022 and unfunded liabilities will increase to $1.4 trillion the largest single-year decline in funded ratio since the Great Recession.
  • A -10.4% investment return for U.S. public pensions in 2022 has erased nearly half the funded ratio gains of 2021.
  • In the first half of 2022, U.S. public pension funds have weathered a bear market, geopolitical conflict, and record inflation.
  • Equable is a bipartisan non-profit that works with public retirement system stakeholders to solve complex pension funding challenges with data-driven solutions.

Ohio Division of Liquor Control Partners with Sovos ShipCompliant to Expedite Alcohol Product Registrations Online

Retrieved on: 
Tuesday, June 28, 2022 - 2:00pm

ATLANTA, June 28, 2022 /PRNewswire-PRWeb/ -- Today, automated alcohol beverage compliance leader Sovos ShipCompliant announced that the Ohio Department of Commerce Division of Liquor Control (DOLC) has selected ShipCompliant Product Registration Online (PRO), an online submission and approval system for state alcohol regulators, that will allow beer, wine, seltzer and mixed beverage brands to register new labels and renew existing ones. The move from the current DOLC system of paper registrations to the PRO platform will help decrease the approval times from weeks or even months to days or hours.

Key Points: 
  • ATLANTA, June 28, 2022 /PRNewswire-PRWeb/ -- Today, automated alcohol beverage compliance leader Sovos ShipCompliant announced that the Ohio Department of Commerce Division of Liquor Control (DOLC) has selected ShipCompliant Product Registration Online (PRO), an online submission and approval system for state alcohol regulators, that will allow beer, wine, seltzer and mixed beverage brands to register new labels and renew existing ones.
  • The DOLC regulates the manufacture, distribution and retail sales of all alcoholic beverages in the state of Ohio.
  • The division can examine all application details within the PRO portal, leave comments and approve registrations without any paper or postage required.
  • About Ohio Department of Commerce, Division of Liquor Control
    The Division of Liquor Control is part of the Ohio Department of Commerce, Ohio's chief regulatory agency.

ALEXANDRA GRANT AND KEANU REEVES PARTNER WITH NFT PROJECT, FLUF WORLD TO LAUNCH THE FUTUREVERSE FOUNDATION

Retrieved on: 
Wednesday, June 22, 2022 - 8:28pm

NEW YORK, June 22, 2022 /PRNewswire/ -- Non-Fungible Labs, a New Zealand-based NFT and blockchain-based technology company and home to FLUF World, a collection of metaverse-ready unique 3D avatars, land, music and games, today announced a meaningful new chapter for their community and creatives globally, the launch of The Futureverse Foundation, a charitable foundation with advisors artist Alexandra Grant and actor Keanu Reeves.

Key Points: 
  • The Futureverse Foundation will make grants to support diverse and underrepresented artists and nurture their unique artistry on global platforms.
  • The Futureverse Foundation also seeks to help keep the metaverse widely accessible, healthy, and evolving.
  • The Futureverse Foundation is set up to give back to the arts community indefinitely, cementing its founders' commitment to creating a better world for artists.
  • Keanu Reeves is an iconic actor, producer, writer and director who has entertained audiences worldwide for more than three decades.

TEAMSTER LEADERS UNANIMOUSLY ENDORSE TENTATIVE CARHAUL AGREEMENT

Retrieved on: 
Thursday, June 16, 2022 - 9:13pm

WASHINGTON, June 16, 2022 /PRNewswire/ -- Local union leaders representing Teamster carhaulers met in Washington today to unanimously endorse the tentative National Master Automobile Transporters Agreement (NMATA). The three-year tentative agreement and four regional supplements will now go to the membership for a democratic ratification vote.

Key Points: 
  • Local Union Representatives Approve Contract Proposal and Supplements; Member Voting Tentatively Scheduled to Take Place June 27-July 12
    WASHINGTON, June 16, 2022 /PRNewswire/ -- Local union leaders representing Teamster carhaulers met in Washington today to unanimously endorse the tentative National Master Automobile Transporters Agreement (NMATA).
  • The three-year tentative agreement and four regional supplements will now go to the membership for a democratic ratification vote.
  • "This is the most lucrative carhaul agreement in the history of the Teamsters Union.
  • The tentative agreement also establishes a new national organizing model for the Teamsters to build union density in the carhaul industry.

Premier Medical Laboratory Services Now Offering AditxtScore™ Personalized Immune Test for COVID-19

Retrieved on: 
Tuesday, June 14, 2022 - 7:00pm

GREENVILLE, S.C., June 14, 2022 /PRNewswire/ -- Premier Medical Laboratory Services (PMLS), a nation leading advanced medical diagnostics lab, adds AditxtScoreto its menu of testing services.

Key Points: 
  • GREENVILLE, S.C., June 14, 2022 /PRNewswire/ -- Premier Medical Laboratory Services (PMLS), a nation leading advanced medical diagnostics lab, adds AditxtScoreto its menu of testing services.
  • "As new variants emerge, we want to equip physicians with the most advanced tests that allow a comprehensive view of their patient's health status," said Kevin Murdock, CEO of Premier Medical Laboratory Services.
  • AditxtScoreis offered through Premier Medical Laboratory Services as an authorized channel partner.
  • Aditxt's immune monitoring technologies are designed to provide a personalized immune profile.

Rocky Reach is Washington’s 20th American Viticultural Area

Retrieved on: 
Friday, June 3, 2022 - 5:00pm

Seattle, Washington, June 03, 2022 (GLOBE NEWSWIRE) -- The Washington State Wine Commission is proud to announce Rocky Reach as Washingtons 20th American Viticultural Area (AVA).

Key Points: 
  • Seattle, Washington, June 03, 2022 (GLOBE NEWSWIRE) -- The Washington State Wine Commission is proud to announce Rocky Reach as Washingtons 20th American Viticultural Area (AVA).
  • We are extremely pleased to have the Rocky Reach AVA approved, said David and Michelle Dufenhorst, who own Rocky Pond Winery and two vineyards located within the AVA.
  • The AVA covers 32,333 total acres, though the Columbia River and Rocky Reach Reservoir make up approximately a quarter of the area.
  • Topography: Rocky Reach is located on an area of the Columbia River where the river has eroded a deep canyon.