by tyler | Oct 3, 2023 | Press Article
MILWAUKEE, Oct. 3, 2023 /PRNewswire/ — Ademi LLP is investigating Vericity (Nasdaq: VERY) for possible breaches of fiduciary duty and other violations of law in its transaction with iA American.
Click here to learn how to join the action https://www.ademilaw.com/case/vericity-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
In the transaction, Vericity stockholders are expected to receive only $11.43 per share. The transaction agreement unreasonably limits competing transactions for Vericity by imposing a significant penalty if Vericity accepts a competing bid. Vericity insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Vericity’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own Vericity common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/vericity-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi LLP
by tyler | Oct 3, 2023 | Press Article
ISTANBUL, Oct. 3, 2023 /PRNewswire/ — The Nomic DAO Foundation announced today that Nomic, a decentralized, non-custodial Bitcoin bridge, will soon enable Bitcoin (BTC) to be universally accessible within the Cosmos ecosystem. Presented at Cosmoverse, the Cosmos Network’s premier conference, by Nomic’s founders and core-contributors, Turbofish, Nomic will be upgraded to enable seamless BTC deposits and withdrawals throughout the entire Cosmos Network, from any platform or chain in the ecosystem.
At present, there is a lack of decentralized and streamlined methods available to users for bringing BTC into the Cosmos Network. To address this, Nomic instead empowers users to bring their BTC into Cosmos with nBTC, an IBC-compatible token, which saves users from having to convert their BTC into a different cryptocurrency.
During today’s keynote, Turbofish CEO Matt Bell unveiled Nomic’s nBTC Interchain Upgrade, scheduled for release on October 27, 2023 and activation on October 30, 2023, which will unlock a truly seamless and interoperable Bitcoin experience in Cosmos. The upgrade will do so by enabling users to deposit, withdraw, and transfer BTC from anywhere in the Cosmos ecosystem. Additionally, as demonstrated on stage, nBTC is launching on Osmosis, the premier decentralized exchange of Cosmos, with the ability to deposit and withdraw Bitcoin directly within the Osmosis Zone app.
“I believe the destiny of Cosmos is to become the application layer of Bitcoin; in fact it was that vision that drew me to the ecosystem many years ago in the first place. However, getting BTC off the Bitcoin chain in a secure and decentralized way remained a challenge — until now. With Nomic, users will be able to use native Bitcoin on Osmosis and throughout the Cosmos ecosystem,” said Sunny Aggarwal, co-founder of Osmosis. “Bitcoin is in deep need of an application DeFi ecosystem, and Cosmos is in need of a base money asset that can serve as its primary store of value. Nomic will help make this long-awaited union for a Bitcoin-centric Cosmos a reality.”
In addition to Osmosis, from day one users can deposit and withdraw BTC directly in other popular Cosmos applications like Kujira and Levana.
To ensure BTC security, Nomic is currently undergoing an auditing process that will test the integrity of the bridge. Following the publishing of the audits, an update will transfer bridge capacity and fee controls to the Nomic DAO, which will control any BTC capacity limits along with deposit and transfer fees and result in expansion of bridge utilization. These upgrades represent a significant step toward advancing the functionality and accessibility of the Nomic platform.
“The Cosmos ecosystem is too important for it to lack a seamless and secure way to receive BTC. With these forthcoming upgrades, Nomic is poised to be the most secure bitcoin bridge on the market today,” said Matt Bell, CEO of Turbofish, who spoke at Cosmoverse today to introduce the upgrades. “We see today’s announcement as the beginning of the most seamless and secure way to on-ramp users into the Cosmos ecosystem with BTC. With these upgrades, we are thrilled that Nomic will now unlock the exciting DeFi capabilities of the Cosmos ecosystem for any user holding BTC.”
With Nomic, rather than merely holding BTC in wallets without active utilization, users can participate in various markets and DeFi products, such as liquidity provisioning (LPing). This approach is designed to maximize the potential benefits of BTC within the Cosmos network, fostering growth and sustainability for both the platform and its users.
Cosmos, known for its scalability and security since its 2019 launch, features the IBC Protocol for token transfers between different blockchains. Until now, a secure method for transferring BTC into Cosmos was lacking — a gap now addressed by Nomic.
To learn more, visit https://www.nomic.io/.
About the Nomic DAO Foundation
The Nomic DAO Foundation is a non-profit dedicated to the growth and integration of the Nomic ecosystem. The Foundation supports the goals and objectives of the Nomic DAO (decentralized autonomous organization), is the initial steward of the Nomic blockchain, and will support and grow the Nomic DAO until it becomes self-sufficient.
About Nomic
Nomic is a blockchain which offers a decentralized, non-custodial Bitcoin bridge. Built on Turbofish’s Orga, a custom high-performance blockchain application framework, Nomic uses IBC to securely and efficiently bridge your BTC to Cosmos for use on any IBC-enabled chain.
About Turbofish
Turbofish is building the next generation of open-source blockchain technologies, focusing on security, decentralization, and efficiency. Turbofish is the founder and core-contributor of Nomic, a decentralized, non-custodial Bitcoin bridge dedicated to bringing Bitcoin to the entire Cosmos ecosystem. As a proud member of the Rust Foundation, Turbofish is committed to supporting and expanding open-source software ecosystems.
SOURCE Nomic DAO Foundation
by tyler | Oct 3, 2023 | Press Article
The rising demand for low-carbon emission vehicles presents significant growth opportunities in the transmission fluids industry. The automotive industry’s transmission fluid sector is poised to maintain dominance throughout the forecast period
NEWARK, Del., Oct. 3, 2023 /PRNewswire/ — In 2023, the transmission fluids market reaches a global valuation of US$ 8.0 billion and is expected to exhibit a CAGR of 4.1% from 2023 to 2033, reaching an estimated value of US$ 12.0 billion by 2033.
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The transmission fluids market is experiencing a significant transformation as it navigates the dual trends of sustainable mobility and the surge in electric vehicles (EVs). Alongside these shifts, there is a growing emphasis on developing enhanced formulations that cater to the evolving needs of modern automotive systems. This dynamic landscape presents both challenges and opportunities for industry players, who must adapt to meet the changing demands of consumers and vehicle technologies.
The rise of electric vehicles has presented a unique challenge and opportunity for the transmission fluids market. Traditional ICE vehicles rely on transmissions with multiple gears to control power delivery, and specialized transmission fluids are essential to their operation. However, EVs use a different transmission type, usually involving a single-speed gearbox or direct-drive system.
This shift has prompted transmission fluid manufacturers to develop new formulations explicitly tailored for electric power trains. These fluids must provide efficient cooling and lubrication for critical components while ensuring electric motors’ smooth and quiet operation. As EV adoption grows, the demand for these specialized transmission fluids is expected to surge.
While the market for transmission fluids is experiencing remarkable growth opportunities, it has its challenges. One significant hurdle is adapting to the automotive industry’s changing needs rapidly. Developing and producing new fluid formulations require substantial research and development investments, and keeping up with evolving vehicle technologies can be daunting.
Supply chain disruptions and fluctuating raw material prices are additional challenges that manufacturers must navigate. These issues can lead to production delays and increased costs, impacting the overall competitiveness of transmission fluid products.
Amid these challenges, innovation is driving the market forward. Manufacturers are investing in advanced lubrication technologies to improve the performance and durability of their products. The focus areas are reducing friction, enhancing thermal stability, and increasing fluid longevity.
“As sustainability becomes paramount and EVs gain traction, the transmission fluids industry is poised for innovation, growth, and a realignment of its product offerings to cater to a greener and more electrified automotive future.”, says Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.).
Key Takeaways from the Market Study
- By 2033, the United States of America will hold a value share of US$ 2.2 billion in the transmission fluids industry.
- The market size in China is expected to account for US$ 2.4 billion by 2033 on a global level.
- Based on end-use, the automotive sub-segment will likely secure a 3.8% CAGR during the forecast period.
- The automatic sub-segment is predicted to grow 4.0% from 2023 to 2033 based on type.
- The market for transmission fluids in the United Kingdom will likely secure a 3.8% CAGR from 2023 to 2033.
Country-wise Insights: Transmission Fluid Market
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Countries
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Market Size 2033
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CAGR
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China Transmission Fluid Market Size
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US$ 2.4 billion
|
4.00 %
|
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India Transmission Fluid Market Size
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US$ 1.9 billion
|
3.00 %
|
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The United States Transmission Fluid Market
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US$ 2.2 billion
|
4.00 %
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The United Kingdom Transmission Fluid Market
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US$ 424.9 million
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3.80 %
|
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Japan Transmission Fluid Market
|
US$ 2.4 billion
|
4.00 %
|
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Competition Landscape Structured in the Transmission Fluids Industry
The competition landscape in the transmission fluids industry is characterized by a few multinational corporations that dominate the market. These industry leaders boast extensive product portfolios, global distribution networks, and robust research and development capabilities.
They cater to various application sectors worldwide, offering innovative formulations tailored to the evolving needs of modern automotive systems. Additionally, smaller players and new entrants may find niches in specialized segments or collaborate with industry giants to stay competitive in this dynamic market, navigating significant shifts driven by sustainability and the rise of electric vehicles.
About FMI – Chemicals and Materials
The Chemicals and Materials division of Future Market Insights (FMI) offers a distinct and pinpoint analysis of the chemicals and materials industry. This exhaustive coverage extends from commodity, bulk, specialty, and petrochemicals to advanced materials, composites, and nanotechnology in particular, with special emphasis on ‘green alternatives, recycling and renewable technology developments, and supply-demand-trade assessment. Our research studies reference market guidelines for chemical manufacturers, research institutions, channel partners, and government bodies for developing – ‘The Way Forward’.
To gain a comprehensive understanding of the research study, Download complete Research Methodology from Here!
About the Author
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.
Explore FMI’s Extensive Coverage in Chemicals Domain:
- The global industrial lubricants market is anticipated to be valued at US$ 22,845.9 million in 2023, expanding at a CAGR of 4.4% from 2023 to 2033, to be valued at US$ 35,140.9 million in 2033.
- The global automotive repair & maintenance services market is expected to attain a valuation of US$ 915.88 billion in 2023 and is projected to reach US$ 1,850 billion by 2033, registering a CAGR of 7.2%.
- The metalworking fluids market size is estimated to be valued at US$ 10 billion in 2023 and is expected to surpass US$ 15 billion by 2033. The adoption of metalworking fluids is likely to advance at a CAGR of 4.1% during the forecast period.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
Contact Us
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Future Market Insights Inc.
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SOURCE Future Market Insights
by tyler | Oct 3, 2023 | Press Article
NACD Directorship 100 Recognizes the Most Influential Corporate Directors and Governance Experts
MILWAUKEE, Oct. 3, 2023 /PRNewswire/ — Associated Bank today announced that Jay Williams, Associated Banc-Corp Board of Directors Chairman, has been named one of the most influential leaders in corporate governance by the National Association of Corporate Directors (NACD) as part of their 2023 NACD Directorship 100™, an annual list of leading corporate directors and governance advocates.
Honorees will be recognized at the upcoming 2023 Directorship 100 Awards Gala in New York City on December 13, in addition to being featured in NACD Directorship magazine’s annual list of The Most Influential People in Boardrooms and Corporate Governance. NACD will share honoree profiles with all 23,000 NACD members as well as with partner organizations and other key governance stakeholders.
“Jay Williams, our Board Chairman and a member of the board since 2011, brings a wealth of banking knowledge and expertise that has been instrumental in driving our growth and achievements,” said Andy Harmening, President and Chief Executive Officer, Associated Bank. “Associated Bank is privileged to have him at the helm.”
The honorees represent a range of companies that include Best Buy, ScanSource, Inc., Equilar, American Eagle Outfitters, J.P. Morgan, Goldman Sachs and more. The complete list of the 2023 NACD Directorship 100 is available at https://directorship100.nacdonline.org/honorees/2023.
The 2023 NACD Directorship 100 recognizes leading corporate directors and governance advocates in several categories, including attorneys, audit and risk professionals, board advisors, compensation experts, governance advisors, investors, media, policy advisors, recruiters and regulators and rule makers.
“Exemplifying board leadership is a top priority for our organization, and this year’s peer-nominated Directorship 100 honorees demonstrate their excellence in governance says NACD president and CEO Peter Gleason. “The accomplishments and integrity of this year’s director honorees are inspiring, and we look forward to celebrating these individuals at our annual gala in New York.”
An independent selection committee reviews the nominees’ history of advancing board performance and leading corporate governance practices in accordance with established NACD principles. The principles form a framework that encourages corporate governance excellence in areas that include risk oversight, corporate strategy, compensation and transparency.
To learn more about the 2023 NACD Directorship 100™, visit https://directorship100.nacdonline.org/.
ABOUT NACD
The National Association of Corporate Directors (NACD) is the premier membership organization for board directors who want to expand their knowledge, grow their network, and maximize their potential.
As the unmatched authority in corporate governance, NACD sets the standards of excellence through its research and community-driven director education, programming, and publications. Directors trust NACD to arm them with the relevant insights to make high-quality decisions on the most pressing and strategic issues facing their businesses today.
NACD also prepares leaders to meet tomorrow’s biggest challenges. The NACD Directorship Certification® is the leading director credential in the United States. It sets a new standard for director education, positions directors to meet boardroom challenges, and includes an ongoing education requirement that prepares directors for what is next.
With an ever-expanding community of more than 23,000 members and a nationwide chapter network, our impact is both local and global. NACD members are driven by a common purpose: to be trusted catalysts of economic opportunity and positive change—in business and in the communities we serve.
ABOUT ASSOCIATED BANC-CORP
Associated Banc-Corp (NYSE: ASB) has total assets of $41 billion and is the largest bank holding company based in Wisconsin. Headquartered in Green Bay, Wisconsin, Associated is a leading Midwest banking franchise, offering a full range of financial products and services from more than 200 banking locations serving more than 100 communities throughout Wisconsin, Illinois and Minnesota. The company also operates loan production offices in Indiana, Michigan, Missouri, New York, Ohio and Texas. Associated Bank, N.A. is an Equal Housing Lender, Equal Opportunity Lender and Member FDIC. More information about Associated Banc-Corp is available at www.associatedbank.com.
Contact: Jennifer Kaminski
Vice President | Public Relations Senior Manager | 920-491-7576 | [email protected]
SOURCE Associated Banc-Corp
by tyler | Oct 3, 2023 | Press Article
Expansion supports vitality of rural hospitals, enables access to quality care, and addresses unique needs of smaller communities
PORTLAND, Ore., Oct. 3, 2023 /PRNewswire/ — OCHIN, a nonprofit leader in equitable health care innovation, now offers OCHIN Epic to rural hospitals nationwide. With four hospitals already live on the new system and five more onboarding across six states, OCHIN’s entrance into acute care helps ensure smaller hospitals can seamlessly connect care for their patients and recruit new talent using clinicians’ electronic health records (EHR) platform of choice.
“OCHIN is honored to partner with rural hospitals for the first time,” said Abby Sears, president and CEO of OCHIN. “Our connected care platform will help ensure these pillars of their communities are able to remain independent, grow sustainably, and continue supporting the health and well-being of their hometown patients and broader region for years to come.”
Building on more than 20 years of experience supporting ambulatory care organizations, such as community health centers, OCHIN analyzed persistent gaps in rural health care delivery and chose to launch OCHIN Epic for acute care in service of its broader mission to advance health equity by transforming access to care.
“Implementing a new EHR system is significant for any health care organization, and it’s especially important for rural hospitals to have the unique tools and technology that will enable them to increase their communities’ access to high quality, connected care,” said Kim Klupenger, chief experience officer of OCHIN.
OCHIN offers EpicCare Inpatient, a full-service inpatient EHR system that supports interdisciplinary care plans and clinical teams across a full range of care. The OCHIN Epic EHR platform improves patient health one patient, one record at a time by driving new efficiencies and connecting rural hospitals with an ever-expanding system of care. OCHIN also provides full-service implementation with project management support, a personal support team, workflow optimization, training, and access to Best in KLAS third-party vendors.
The first acute care member to go live on OCHIN Epic in June was Minidoka Memorial Hospital in Idaho, joining a nationwide network of about 30,000 active providers who reach more than 5.5 million patients on OCHIN Epic. This year, OCHIN achieved Epic Gold Stars Level 9 Epic Gold Stars Level 9 distinction for the second year in a row.
For more information about OCHIN Epic for acute care, visit ochin.org.
About OCHIN
OCHIN is a nonprofit leader in equitable health care innovation and a trusted partner to a growing national provider network. Our solutions draw from more than 20 years of industry expertise and the largest collection of community health data in the country to improve the health of rural and medically underserved communities.
SOURCE OCHIN
by tyler | Oct 3, 2023 | Press Article
Continuing to Climb in Newsweek’s Annual Listing, Automation Anywhere Ranks 14 Among 100 U.S. Companies Recognized for Outstanding Employee Sentiment and Satisfaction
SAN JOSE, Calif., Oct. 3, 2023 /PRNewswire/ — Newsweek announced their annual rankings for the Top 100 Most Loved Workplaces® list, and Automation Anyhwhere ranked 14. The 2023 Top 100 Most Loved Workplaces® are the result of a collaboration with the Best Practice Institute (BPI), a leadership development and benchmark research company.
The results were determined after surveying more than 1.4 million employees from businesses with workforces varying in size from 50 to more than 10,000. The list recognizes companies that have created a workplace where employees feel respected, inspired, and appreciated and are at the center of the business model.
“At the core of Automation Anywhere is our dedicated and exceptional team, whom we owe this incredible honor as one the most-loved workplaces,” said Mihir Shukla, CEO, and Co-founder of Automation Anywhere. “We are deeply appreciative of their dedication to our culture and vision, as we continuously strive to advance AI and automation technology to drive to fuel the future of work by unleashing human potential.”
The key areas included in the analysis are based on how well companies demonstrate the areas within the Spark Model as defined by BPI, including Systemic Collaboration, Positive Vision of the Future, Alignment of values, Respect, and Killer Achievement. How engaged employees are, how positive they feel about their workplace, and how committed they are to the organization’s success were all identified and analyzed to identify the Top 100 Most Loved Workplaces.
“With the dynamic workforce and competition for top talent, more companies are recognizing the importance of employee engagement and commitment”, said Nancy Cooper, Global Editor in Chief, Newsweek. “The workplaces that have demonstrated a commitment to their employees in 2023 are more likely to attract top talent and deliver strong business outcomes.”
“Attracting and retaining top talent continues to be a challenge and top priority of executive leadership” said Louis Carter, CEO, Best Practice Institute. “The companies on this list have committed to listening intently to their employees and then creating a better workplace where employees love to come to work.”
For the full Newsweek list of 2023’s Most Loved Workplaces, please visit https://www.newsweek.com/rankings/most-loved-workplaces-america-2023
Methodology
To identify the top 100 companies for the Newsweek ranking, companies were evaluated and scored as follows: 35 percent of the initial score was based on employee survey responses; 25 percent was derived from analysis of external public ratings from sites such as Comparably, Careerbliss, Glassdoor, Indeed and Google; and 40 percent came from direct interviews with and written responses from company officials. Newsweek then conducted additional research into every company on the list, as well as the top runners up, to determine the final list of 100 companies and their ranking. (The list includes both U.S. firms and companies with a strong U.S. presence that are based overseas.)
About Newsweek
Newsweek is the modern global digital news organization built around the iconic, over 85-year-old American magazine. Newsweek reaches 100 million people each month with its thought-provoking news, opinion, images, graphics, and video delivered across a dozen print and digital platforms. Headquartered in New York City, Newsweek also publishes international editions in EMEA and Asia.
For more information on how to apply to become a certified Most Loved Workplace in 2024, go to: http://www.mostlovedworkplace.com
About Automation Anywhere
Automation Anywhere is the leader in intelligent automation solutions that put AI to work across every aspect of an organization. The company’s Automation Success Platform is infused with generative AI and offers process discovery, RPA, end-to-end process orchestration, document processing, and analytics, with a security and governance-first approach. Automation Anywhere empowers organizations worldwide to unleash productivity gains, drive innovation, improve customer service and accelerate business growth. The company is guided by its vision to fuel the future of work by unleashing human potential through intelligent automation. Learn more at www.automationanywhere.com.
Engage with Automation Anywhere
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SOURCE Automation Anywhere, Inc.
