Mayors Call on Congress to Pass Biden Plan for Direct Aid to All Cities

WASHINGTON, Jan. 19, 2021 /PRNewswire/ — American mayors are rallying behind President-elect Biden’s new plan to end the pandemic and save the American economy by providing direct fiscal relief to all cities— large, medium, and small—and boosting support for America’s vaccination program. As the coronavirus pandemic continues to ravage communities and cause economic suffering, the president-elect has put forward a comprehensive package of relief measures that includes $350…

WASHINGTON, Jan. 19, 2021 /PRNewswire/ — American mayors are rallying behind President-elect Biden’s new plan to end the pandemic and save the American economy by providing direct fiscal relief to all cities— large, medium, and small—and boosting support for America’s vaccination program. As the coronavirus pandemic continues to ravage communities and cause economic suffering, the president-elect has put forward a comprehensive package of relief measures that includes $350 billion in direct aid to state and local governments. And today, 284 mayors – Republicans, Democrats and Independents, from cities large and small – have written to congressional leaders urging them to take action.

American cities have been crushed by the pandemic with revenues disappearing almost overnight and cuts to critical services and jobs. Yet Congress and the outgoing administration have provided almost no fiscal support to cities, prolonging the pandemic’s economic fallout and causing real pain for city workers and residents. With his new plan, President-elect Biden recognizes that direct, flexible relief to cities is critical to saving the jobs of teachers, cops, first responders, and other essential workers. That’s why a bipartisan group of mayors from the U.S. Conference of Mayors is writing to stress the need for relief to go directly to local governments. Mayors are also expressing support for the president-elect’s plan for additional resources to boost vaccinations in America. The letter, in part, reads:

«[W]ith few exceptions, cities have been largely left without direct federal assistance. The lack of adequate support has resulted in budget cuts, service reductions, and job losses. Sadly, nearly one million local government jobs have already been lost during the pandemic. Our essential workers deserve federal relief like any other sector.

«The $350 billion in direct relief to state and local governments included in President-elect Biden’s American Rescue Plan would allow cities to preserve critical public sector jobs and help drive our economic recovery. Providing direct, flexible aid to cities is the most efficient and immediate way to help families and their communities who have been suffering for far too long.

«Furthermore, cities must be central to a deliberate strategy to accelerate vaccinations throughout the country. We support President-elect Biden’s proposal to mount a national vaccination program and the provision of additional resources to cities to bolster our efforts to contain the spread of the virus.

«Your quick action on President-elect Biden’s plan is a crucial step to making meaningful progress in one of the most challenging moments in our country’s history. The United States Conference of Mayors is eager to work with Congress and the incoming Administration to meet this challenge. We encourage you to take up the President-elect’s rescue plan as soon as possible in the 117th Congress.»

Read the text of the full letter here.

About The United States Conference of Mayors — The U.S. Conference of Mayors is the official nonpartisan organization of cities with populations of 30,000 or more. There are nearly 1,400 such cities in the country today, and each city is represented in the Conference by its chief elected official, the mayor. Like us on Facebook at facebook.com/usmayors, or follow us on Twitter at twitter.com/usmayors.

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SOURCE U.S. Conference of Mayors

No Gray® Permanent Root Touch Up – 100% PPD/Ammonia Free Formula for Gray Coverage On the Go

CORONA, Calif., Jan. 19, 2021 /PRNewswire/ — No Gray®, a Developlus brand, launches No Gray® On-the-Go Permanent Root Touch Up, a 90% natural and gentle full coverage formula available in three pigment rich shades, Medium Brown, Dark Brown, and Ultra Dark Brown, to cover a spectrum of hair colors for all hair types.

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CORONA, Calif., Jan. 19, 2021 /PRNewswire/ — No Gray®, a Developlus brand, launches No Gray® On-the-Go Permanent Root Touch Up, a 90% natural and gentle full coverage formula available in three pigment rich shades, Medium Brown, Dark Brown, and Ultra Dark Brown, to cover a spectrum of hair colors for all hair types.

No Gray® On-the-Go Permanent Root Touch Up is the best way to cover gray root regrowth in-between salon visits – at home or on the go. The full coverage permanent formula delivers high pigment multidimensional color in just 35 minutes with an easy brush on application and is infused with Aloe Vera for a gentle application and Soy Protein to keep hair shiny and lustrous.

«Expanding our No Gray® line, which is loved for temporary gray coverage, to include its first permanent fix to gray roots offers consumers more easy and quick solutions to overgrown roots,» said Jenniffer Paulson, Developlus VP of Marketing. «No Gray On-the-Go Permanent Root Touch Up ‘s formulation is PPD and ammonia free, setting it apart from other permanent hair color products in the mass market category.  With three pigment rich shades our permanent root touch up provides color versatility for users and seamlessly blends with a wide range of existing hair colors for natural looking results.»

No Gray® On-the-Go Permanent Root Touch Up is ideal for sensitive skin as it is 90% natural and free of Ammonia, PPDS, Parabens, SLES, and SLS. Each kit contains everything you need to cover grays in between full color applications with an easy and convenient application – including 2 full ounces of color, deep conditioner, mixing tray, and color brush to allow for complete precision when applying.

Available at CVS stores nationwide and Amazon.com; $8.99.

About No Gray®
No Gray® offers on-the-go temporary and permanent solutions for root touch ups to hide grays and extend the time between colorings. Our best-selling No Gray® Quick Fix combs in, lasts all day without flaking, and shampoos out. The portable applicator fits in pockets and purses for on-the-go application and is available in 6 shades. The all-natural formula of No Gray® Color Drops is an additive that mixes with any permanent or semi-permanent hair color to ensure maximum gray coverage. For an on-the-go permanent fix, No Gray® On-the-Go Permanent Root Touch Up is an easy brush on application that provides multidimensional color in just 35 minutes. Available in three pigment rich shades to cover a spectrum of hair colors for all hair types. Available at CVS, Target, Walgreens, Walmart, and Amazon.com. For more information, visit www.nograyquickfix.com

About Developlus
Developlus is a third-generation family-owned hair care products company based in Southern California, founded in 1991 by Ann & Dave Agrey. Leaders in color and formula development, we manufacture on-site to ensure each, and every product lives up to their exacting standards. The vast majority of Developlus’ products are Vegan Certified, while all products are made in the USA and are Cruelty-Free. All new products and reformulations are made for Vegan Certification as they strive to make the best products for consumers and the planet, with a focus on environmental sustainability.

PR CONTACT: Elizabeth Rodger, erodger@piercemattie.com
Pierce Mattie Communications

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SOURCE Developlus

Royal Caribbean Group Enters Definitive Agreement to Sell its Azamara Brand to Sycamore Partners

MIAMI, Jan. 19, 2021 /PRNewswire-HISPANIC PR WIRE/ — Royal Caribbean Group (NYSE: RCL) today announced it has entered into a definitive agreement to sell its Azamara brand to Sycamore Partners, a private equity firm specializing in consumer, retail and distribution investments, in an all-cash carve-out transaction for $201 million, subject to certain adjustments and closing conditions. Sycamore Partners will acquire the entire Azamara brand, including its three-ship…

MIAMI, Jan. 19, 2021 /PRNewswire-HISPANIC PR WIRE/ — Royal Caribbean Group (NYSE: RCL) today announced it has entered into a definitive agreement to sell its Azamara brand to Sycamore Partners, a private equity firm specializing in consumer, retail and distribution investments, in an all-cash carve-out transaction for $201 million, subject to certain adjustments and closing conditions. Sycamore Partners will acquire the entire Azamara brand, including its three-ship fleet and associated intellectual property. The transaction is subject to customary conditions and is expected to close in the first quarter of 2021.

Royal Caribbean Group noted the transaction allows it to focus on expanding its Royal Caribbean International, Celebrity Cruises and Silversea brands.

«Our strategy has evolved into placing more of our resources behind three global brands, Royal Caribbean International, Celebrity Cruises and Silversea, and working to grow them as we emerge from this unprecedented period,» said Richard D. Fain, Chairman and Chief Executive Officer of Royal Caribbean Group. «Even so, Azamara remains a strong brand with its own tremendous potential for growth, and Sycamore’s track record demonstrates that they will be good stewards of what the Azamara team has built over the past 13 years.»

«We are pleased that Royal Caribbean Group has entrusted Sycamore to support Azamara in its next phase of growth,» said Stefan Kaluzny, Managing Director of Sycamore Partners.  «We are excited to partner with the Azamara team and build on their many years of success serving the brand’s loyal customers.  We believe Azamara will remain a top choice for discerning travelers as the cruising industry recovers over time.»

Azamara’s value proposition and operations will remain consistent under the new arrangement, and Royal Caribbean Group will work in close collaboration on a seamless transition for Azamara employees, customers and other stakeholders. In conjunction with the transaction, Azamara Chief Operating Officer Carol Cabezas has been appointed President of the brand.

The transaction will result in a one-time, non-cash impairment charge of approximately $170 million. The sale of Azamara is not expected to have a material impact on Royal Caribbean Group’s future financial results.

Perella Weinberg Partners LP served as financial advisor to Royal Caribbean Group and Freshfields Bruckhaus Deringer LLP provided legal counsel. Kirkland & Ellis LLP provided legal advice to Sycamore Partners. 

About Royal Caribbean Group 
Royal Caribbean Cruises Ltd., doing business as Royal Caribbean Group (NYSE: RCL), is a cruise vacation company that owns four global brands: Royal Caribbean International, Celebrity CruisesAzamara and Silversea.  Royal Caribbean Group is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Together, our brands operate 61 ships with an additional 15 on order as of December 21, 2021.  Learn more at www.rclcorporate.com or www.rclinvestor.com. 

About Sycamore Partners 
Sycamore Partners is a private equity firm based in New York. The firm specializes in consumer, distribution and retail-related investments and partners with management teams to improve the operating profitability and strategic value of their business. With approximately $10 billion in aggregate committed capital raised since its inception in 2011, Sycamore Partners’ investors include leading endowments, financial institutions, family offices, pension plans and sovereign wealth funds. For more information on Sycamore Partners, visit www.sycamorepartners.com

Cautionary Statement Concerning Forward-Looking Statements
Certain statements in this release relating to, among other things, our future performance estimates, forecasts and projections constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995.  These statements include, but are not limited to: statements regarding revenues, costs and financial results for 2020 and beyond.  Words such as «anticipate,» «believe,» «could,» «driving,» «estimate,» «expect,» «goal,» «intend,» «look into,» «may,» «plan,» «project,» «seek,» «should,» «will,» «would,» «considering», and similar expressions are intended to help identify forward-looking statements.  Forward-looking statements reflect management’s current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements.  Examples of these risks, uncertainties and other factors include, but are not limited to the following: the impact of the global incidence and spread of COVID-19, which has led to the temporary suspension of our operations and has had and will continue to have a material adverse impact on our business, liquidity and results of operations, or other contagious illnesses on economic conditions and the travel industry in general and the financial position and operating results of our Company in particular, such as: the current and potential additional governmental and self-imposed travel restrictions, the current and potential extension of the suspension of cruises and new additional suspensions, guest cancellations; our ability to obtain sufficient financing, capital or revenues to satisfy liquidity needs, capital expenditures, debt repayments and other financing needs; the effectiveness of the actions we have taken to improve and address our liquidity needs; the impact of the economic and geopolitical environment on key aspects of our business, such as the demand for cruises, passenger spending, and operating costs; incidents or adverse publicity concerning our ships, port facilities, land destinations and/or passengers or the cruise vacation industry in general; our ability to accurately estimate our monthly cash burn rate during the suspension of our operations; concerns over safety, health and security of guests and crew; any protocols we adopt across our fleet relating to COVID-19such as those recommended by the Healthy Sail Panel, may be costly and less effective than we expect in reducing the risk of infection and spread of COVID-19 on our cruise ships; further impairments of our goodwill, long-lived assets, equity investments and notes receivable; an inability to source our crew or our provisions and supplies from certain places; the incurrence of COVID-19 and other contagious diseases on our ships and an increase in concern about the risk of illness on our ships or when traveling to or from our ships, all of which reduces demand; unavailability of ports of call; growing anti-tourism sentiments and environmental concerns; changes in US foreign travel policy; the uncertainties of conducting business internationally and expanding into new markets and new ventures; our ability to recruit, develop and retain high quality personnel; changes in operating and financing costs; our indebtedness, any additional indebtedness we may incur and restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business, including the significant portion of assets that are collateral under these agreements; the impact of foreign currency exchange rates, interest rate and fuel price fluctuations; the settlement of conversions of our convertible notes, if any, in shares of our common stock or a combination of cash and shares of our common stock, which may result in substantial dilution for our existing shareholders; our expectation that we will not declare or pay dividends on our common stock for the near future; vacation industry competition and changes in industry capacity and overcapacity; the risks and costs associated with protecting our systems and maintaining integrity and security of our business information, as well as personal data of our guests, employees and others;  the impact of new or changing legislation and regulations or governmental orders on our business; pending or threatened litigation, investigations and enforcement actions; the effects of weather, natural disasters and seasonality on our business; emergency ship repairs, including the related lost revenue; the impact of issues at shipyards, including ship delivery delays, ship cancellations or ship construction cost increases; shipyard unavailability; the unavailability or cost of air service; and uncertainties of a foreign legal system as we are not incorporated in the United States.

In addition, many of these risks and uncertainties are currently heightened by and will continue to be heightened by, or in the future may be heightened by, the COVID-19 pandemic. It is not possible to predict or identify all such risks.

More information about factors that could affect our operating results is included under the caption «Risk Factors» in our most recent quarterly report on Form 10-Q, as well as our other filings with the SEC, and the captions «Risk Factors» and «Management’s Discussion and Analysis of Financial Condition and Results of Operations» in our most recent annual report on Form 10-K, as updated by our Current Report on Form 8-K dated May 13, 2020, copies of which may be obtained by visiting our Investor Relations website at www.rclinvestor.com or the SEC’s website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Logo – https://mma.prnewswire.com/media/1213007/RCG_Logo.jpg

 

SOURCE Royal Caribbean Group

Johnson Controls CEO named Chair of Business Roundtable Energy & Environment Committee

CORK, Ireland, Jan. 19, 2021 /PRNewswire/ — Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today announced that its chairman and CEO George Oliver has been chosen by the Business Roundtable Chairman Doug…

CORK, Ireland, Jan. 19, 2021 /PRNewswire/ — Johnson Controls (NYSE: JCI), the global leader for smart, healthy and sustainable buildings, today announced that its chairman and CEO George Oliver has been chosen by the Business Roundtable Chairman Doug McMillon, president and CEO of Walmart,  to serve as chair of the organization’s Energy & Environment Committee.

«I am honored to be selected as Chair of the Energy & Environment Committee,» said George Oliver, chairman and CEO

Business Roundtable is an association of chief executive officers of America’s leading companies. Through research and advocacy, Business Roundtable supports policies to spur job creation, improve U.S. competitiveness and strengthen the economy. Its Energy & Environment Committee is dedicated to advancing policies that encourage innovation and support an environmentally and economically sustainable future.

As the incoming Biden administration prepares to put clean energy at the heart of the U.S. economic recovery, such business-led initiatives will be key in helping the new administration meet its proposed goals.

«I am honored to be selected as Chair of the Energy & Environment Committee and look forward to working with my fellow CEOs to support policies that preserve our environment and maximize our energy options,» said George Oliver, chairman and CEO. «Climate change is one of the greatest challenges facing the planet today. Business Roundtable believes that businesses are an essential part of the solution and calls for collective action and policies to drive innovation, significantly reduce greenhouse gas emissions and limit global temperature rise.»

The next decade is crucial in the shift to a sustainable economy. With its team of 100,000 employees Johnson Controls is committed to playing a meaningful role in helping the transition to a safe, sustainable, low-carbon world. This new position for Oliver highlights that ongoing commitment.

In December 2020 Johnson Controls received an A- climate change Leadership band score from CDP, in recognition of its actions to reduce emissions and mitigate climate change in the past reporting year as well as an A score for its risk disclosure and governance.  

Sustainability is an integral part of Johnson Controls vision and values. Since signing the United Nations Global Compact in 2004, the company has remained fully committed to aligning its operations and strategies with the U.N. Global Compact’s Ten Principles. Under Oliver’s leadership, Johnson Controls continues to have a distinguished track record in sustainability. The company recently launched its inaugural green bond in the US and was named to the World’s Most Ethical Companies® Honoree List and as one of the 100 Best Corporate Citizens.

To read more about Johnson Controls commitment and accomplishments around sustainability, please visit: https://www.johnsoncontrols.com/corporate-sustainability/environment

About Johnson Controls:
At Johnson Controls, we transform the environments where people live, work, learn and play. From optimizing building performance to improving safety and enhancing comfort, we drive the outcomes that matter most. We deliver our promise in industries such as healthcare, education, data centers and manufacturing. With a global team of 100,000 experts in more than 150 countries and over 130 years of innovation, we are the power behind our customers’ mission. Our leading portfolio of building technology and solutions includes some of the most trusted names in the industry, such as Tyco®, YORK®, Metasys®, Ruskin®, Titus®, Frick®, Penn®, Sabroe®, Simplex®, Ansul® and Grinnell®. For more information, visit www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.

 

INVESTOR CONTACTS:

MEDIA CONTACTS:

Antonella Franzen

Chaz Bickers

Direct: 609.720.4665

Direct: 224.505.9290

Email: antonella.franzen@jci.com

Email: charles.norman.bickers@jci.com

 

Ryan Edelman

 

Michael Isaac

Direct: 609.720.4545 

Direct: +41 52 6330374

Email: ryan.edelman@jci.com  

Email: michael.isaac@jci.com  

 

George Oliver, chairman and CEO Johnson Controls

 

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SOURCE Johnson Controls International plc

U.S. Army Corps of Engineers Awards Contract to CHZ Technologies

AUSTINTOWN, Ohio, Jan. 19, 2021 /PRNewswire/ — CHZ Technologies, LLC was awarded a contract «Waste to Energy» from the U.S. Army Corps of Engineers. The contract’s objective is to provide evidence that the Thermolyzer™ technology, a non-incineration process, can recycle each of the five different complex…

AUSTINTOWN, Ohio, Jan. 19, 2021 /PRNewswire/ — CHZ Technologies, LLC was awarded a contract «Waste to Energy» from the U.S. Army Corps of Engineers. The contract’s objective is to provide evidence that the Thermolyzer™ technology, a non-incineration process, can recycle each of the five different complex feedstock mixes efficiently and economically and generate electricity with feedstock input of 4 (or 10) tons/day.

«We are grateful for this opportunity to illustrate how the technology performs using feedstock that is reflective of what is sent to landfills every day across the nation,» said Ernest Zavoral, CEO of CHZ Technologies, LLC. «The technology essentially recycles almost all of the waste into beneficial recycled saleable products. The technology is a waste industry disruptor,» he explained.

An additional benefit of the Thermolyzer technology is that it will economically recycle byproducts of aluminum, steel, non-ferrous materials and glass that can be sold for profit. To meet this objective as the proposal states, 14 tests must be done on the five different waste mixtures. These results must show that the Thermolyzer technology can:

  1. operate economically at a rate of no more than 10 tons/day of Mixed Solid Wastes,
  2. recycle  a variety of mixed waste that include plastics #1-7, metals, organics, and both wet and dry waste, and
  3. produce useable output energy safely and meet environmental permitting at any location.

About CHZ Technologies:
CHZ Technologies, LLC, based in Austintown, Ohio, was established in 2014 with the purpose of creating an innovative, unique multistage thermal process through its patented Thermolyzer™ technology. Thermolyzer converts all hydrocarbon-containing materials into an renewable ultra-clean synthesis gas and a clean, salable byproducts. The renewable syngas can be used to generate electricity or steam heat in appropriately designed gas turbines, internal combustion engines and boilers.

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SOURCE CHZ Technologies LLC

Royal Caribbean Group Enters Definitive Agreement to Sell its Azamara Brand to Sycamore Partners

MIAMI, Jan. 19, 2021 /PRNewswire/ — Royal Caribbean Group (NYSE: RCL) today announced it has entered into a definitive agreement to sell its Azamara brand to Sycamore Partners, a private equity firm specializing in consumer, retail and distribution investments, in an all-cash carve-out transaction for $201 million, subject to certain adjustments and closing conditions. Sycamore Partners will acquire the entire Azamara brand, including its three-ship fleet and…

MIAMI, Jan. 19, 2021 /PRNewswire/ — Royal Caribbean Group (NYSE: RCL) today announced it has entered into a definitive agreement to sell its Azamara brand to Sycamore Partners, a private equity firm specializing in consumer, retail and distribution investments, in an all-cash carve-out transaction for $201 million, subject to certain adjustments and closing conditions. Sycamore Partners will acquire the entire Azamara brand, including its three-ship fleet and associated intellectual property. The transaction is subject to customary conditions and is expected to close in the first quarter of 2021. 

Royal Caribbean Group noted the transaction allows it to focus on expanding its Royal Caribbean International, Celebrity Cruises and Silversea brands.

«Our strategy has evolved into placing more of our resources behind three global brands, Royal Caribbean International, Celebrity Cruises and Silversea, and working to grow them as we emerge from this unprecedented period,» said Richard D. Fain, Chairman and Chief Executive Officer of Royal Caribbean Group. «Even so, Azamara remains a strong brand with its own tremendous potential for growth, and Sycamore’s track record demonstrates that they will be good stewards of what the Azamara team has built over the past 13 years.»

«We are pleased that Royal Caribbean Group has entrusted Sycamore to support Azamara in its next phase of growth,» said Stefan Kaluzny, Managing Director of Sycamore Partners.  «We are excited to partner with the Azamara team and build on their many years of success serving the brand’s loyal customers.  We believe Azamara will remain a top choice for discerning travelers as the cruising industry recovers over time.»

Azamara’s value proposition and operations will remain consistent under the new arrangement, and Royal Caribbean Group will work in close collaboration on a seamless transition for Azamara employees, customers and other stakeholders. In conjunction with the transaction, Azamara Chief Operating Officer Carol Cabezas has been appointed President of the brand.

The transaction will result in a one-time, non-cash impairment charge of approximately $170 million. The sale of Azamara is not expected to have a material impact on Royal Caribbean Group’s future financial results.

Perella Weinberg Partners LP served as financial advisor to Royal Caribbean Group and Freshfields Bruckhaus Deringer LLP provided legal counsel. Kirkland & Ellis LLP provided legal advice to Sycamore Partners. 

About Royal Caribbean Group 
Royal Caribbean Cruises Ltd., doing business as Royal Caribbean Group (NYSE: RCL), is a cruise vacation company that owns four global brands: Royal Caribbean International, Celebrity CruisesAzamara and Silversea.  Royal Caribbean Group is also a 50% owner of a joint venture that operates TUI Cruises and Hapag-Lloyd Cruises. Together, our brands operate 61 ships with an additional 15 on order as of December 21, 2021.  Learn more at www.rclcorporate.com or www.rclinvestor.com. 

About Sycamore Partners 
Sycamore Partners is a private equity firm based in New York. The firm specializes in consumer, distribution and retail-related investments and partners with management teams to improve the operating profitability and strategic value of their business. With approximately $10 billion in aggregate committed capital raised since its inception in 2011, Sycamore Partners’ investors include leading endowments, financial institutions, family offices, pension plans and sovereign wealth funds. For more information on Sycamore Partners, visit www.sycamorepartners.com

Cautionary Statement Concerning Forward-Looking Statements
Certain statements in this release relating to, among other things, our future performance estimates, forecasts and projections constitute forward-looking statements under the Private Securities Litigation Reform Act of 1995.  These statements include, but are not limited to: statements regarding revenues, costs and financial results for 2020 and beyond.  Words such as «anticipate,» «believe,» «could,» «driving,» «estimate,» «expect,» «goal,» «intend,» «look into,» «may,» «plan,» «project,» «seek,» «should,» «will,» «would,» «considering», and similar expressions are intended to help identify forward-looking statements.  Forward-looking statements reflect management’s current expectations, are based on judgments, are inherently uncertain and are subject to risks, uncertainties and other factors, which could cause our actual results, performance or achievements to differ materially from the future results, performance or achievements expressed or implied in those forward-looking statements.  Examples of these risks, uncertainties and other factors include, but are not limited to the following: the impact of the global incidence and spread of COVID-19, which has led to the temporary suspension of our operations and has had and will continue to have a material adverse impact on our business, liquidity and results of operations, or other contagious illnesses on economic conditions and the travel industry in general and the financial position and operating results of our Company in particular, such as: the current and potential additional governmental and self-imposed travel restrictions, the current and potential extension of the suspension of cruises and new additional suspensions, guest cancellations; our ability to obtain sufficient financing, capital or revenues to satisfy liquidity needs, capital expenditures, debt repayments and other financing needs; the effectiveness of the actions we have taken to improve and address our liquidity needs; the impact of the economic and geopolitical environment on key aspects of our business, such as the demand for cruises, passenger spending, and operating costs; incidents or adverse publicity concerning our ships, port facilities, land destinations and/or passengers or the cruise vacation industry in general; our ability to accurately estimate our monthly cash burn rate during the suspension of our operations; concerns over safety, health and security of guests and crew; any protocols we adopt across our fleet relating to COVID-19such as those recommended by the Healthy Sail Panel, may be costly and less effective than we expect in reducing the risk of infection and spread of COVID-19 on our cruise ships; further impairments of our goodwill, long-lived assets, equity investments and notes receivable; an inability to source our crew or our provisions and supplies from certain places; the incurrence of COVID-19 and other contagious diseases on our ships and an increase in concern about the risk of illness on our ships or when traveling to or from our ships, all of which reduces demand; unavailability of ports of call; growing anti-tourism sentiments and environmental concerns; changes in US foreign travel policy; the uncertainties of conducting business internationally and expanding into new markets and new ventures; our ability to recruit, develop and retain high quality personnel; changes in operating and financing costs; our indebtedness, any additional indebtedness we may incur and restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business, including the significant portion of assets that are collateral under these agreements; the impact of foreign currency exchange rates, interest rate and fuel price fluctuations; the settlement of conversions of our convertible notes, if any, in shares of our common stock or a combination of cash and shares of our common stock, which may result in substantial dilution for our existing shareholders; our expectation that we will not declare or pay dividends on our common stock for the near future; vacation industry competition and changes in industry capacity and overcapacity; the risks and costs associated with protecting our systems and maintaining integrity and security of our business information, as well as personal data of our guests, employees and others;  the impact of new or changing legislation and regulations or governmental orders on our business; pending or threatened litigation, investigations and enforcement actions; the effects of weather, natural disasters and seasonality on our business; emergency ship repairs, including the related lost revenue; the impact of issues at shipyards, including ship delivery delays, ship cancellations or ship construction cost increases; shipyard unavailability; the unavailability or cost of air service; and uncertainties of a foreign legal system as we are not incorporated in the United States.

In addition, many of these risks and uncertainties are currently heightened by and will continue to be heightened by, or in the future may be heightened by, the COVID-19 pandemic. It is not possible to predict or identify all such risks.

More information about factors that could affect our operating results is included under the caption «Risk Factors» in our most recent quarterly report on Form 10-Q, as well as our other filings with the SEC, and the captions «Risk Factors» and «Management’s Discussion and Analysis of Financial Condition and Results of Operations» in our most recent annual report on Form 10-K, as updated by our Current Report on Form 8-K dated May 13, 2020, copies of which may be obtained by visiting our Investor Relations website at www.rclinvestor.com or the SEC’s website at www.sec.gov. Undue reliance should not be placed on the forward-looking statements in this release, which are based on information available to us on the date hereof. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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SOURCE Royal Caribbean Group

Canoo Names Kamal Hamid As Vice President Of Investor Relations

LOS ANGELES, Jan. 19, 2021 /PRNewswire/ — Canoo Inc. (Nasdaq: GOEV), a company developing breakthrough electric vehicles (EVs) with a proprietary and highly versatile EV platform, announced today that <a target="_blank"…

LOS ANGELES, Jan. 19, 2021 /PRNewswire/ — Canoo Inc. (Nasdaq: GOEV), a company developing breakthrough electric vehicles (EVs) with a proprietary and highly versatile EV platform, announced today that Kamal Hamid has joined as Vice President of Investor Relations, effective immediately.

«We are pleased to welcome Kamal to Canoo as he brings significant expertise and leadership to our organization and has demonstrated a strong track record of success in developing and fostering relationships with the financial community,» said Tony Aquila, Executive Chairman, Canoo. «Adding a dedicated Investor Relations professional is part of our goal to build a world-class leadership team. We are excited to welcome Kamal to the Canoo family as we look to drive long-term, sustainable shareholder value.»

Hamid previously served as Director of Investor Relations for Cars.com, the second-largest online automotive marketplace in the U.S. Prior to that, he headed the investor relations departments of Solera Holdings, a leading global software and data provider for insurance and automotive industries. Hamid’s previous experience included sell-side equity research and corporate finance. Hamid holds an MBA in finance from the University of Denver.

«The electric vehicle market is poised for phenomenal growth in the coming years, and I am proud to join Canoo at such a dynamic time for the industry,» said Hamid. «Canoo is at a pivotal moment in its history, and I am delighted to support Canoo’s mission of bringing EVs to everyone.»

About Canoo

Canoo is a Los Angeles-based company that has developed breakthrough electric vehicles that are reinventing the automotive landscape with bold innovations in design, pioneering technologies, and a unique business model that defies traditional ownership to put customers first. Distinguished by its experienced team – totaling over 350 employees from leading technology and automotive companies – Canoo has designed a modular electric platform purpose-built to deliver maximum vehicle interior space and adaptable to support a wide range of vehicle applications for consumers and businesses.

For more information, please visit www.canoo.com.

For Canoo press materials, including photos, please visit press.canoo.com.  

For investors, please visit investors.canoo.com.  

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SOURCE Canoo

The French Embassy’s Night of Ideas Featuring Keynote Speaker Patti Smith Goes Virtual for its 6th Edition

NEW YORK, Jan. 19, 2021 /PRNewswire-PRWeb/ — The Cultural Services of the French Embassy announces the U.S. Night of Ideas program for the global «La Nuit des idées» 2021, a series of intellectual marathons for the general public, coordinated worldwide by the Institut Français. On January 28th,…

NEW YORK, Jan. 19, 2021 /PRNewswire-PRWeb/ — The Cultural Services of the French Embassy announces the U.S. Night of Ideas program for the global «La Nuit des idées» 2021, a series of intellectual marathons for the general public, coordinated worldwide by the Institut Français. On January 28th, the Institut Français is bringing its landmark nocturnal event into the digital sphere with a 24-hour philosophy marathon featuring leading thinkers from across the world, streaming in from more than 75 countries from Finland to South Africa and the Fiji Islands to Peru. The event will move progressively through time zones and travel westward, bringing viewers live content from countries where night is falling but inhabitants are still awake.

A segment devoted to North and South America will span 9 hours, from 6 p.m. EST on January 28 to 3 a.m. EST on January 29, 2021, with a major portion of that time devoted to content drawn from the United States and curated by the Cultural Services of the French Embassy. This content, recorded or subtitled in English, will bring viewers virtually to several major cities where the institution holds outposts: Atlanta, Boston, Chicago, Houston, Los Angeles, Miami, New Orleans, New York, San Francisco, and Washington, D.C., activating its sprawling cultural network of local American partners from SFMoMA to the Hirshhorn Museum and Columbia University. We are delighted to announce that American singer, author, and poet Patti Smith will be this year’s keynote speaker and open the evening with a performance mixing music and poetry at 6pm EST.

This year’s theme, «Closing the Distance» («Proches,» in French), directly addresses our shared sense of isolation and imagines new means of fostering community and togetherness. Chosen to evoke the new forms of solidarity that our economic and social crises are calling for; our changing relationship to space and mobility; this theme prompts audiences and participants to consider our relationship to today’s challenging world and those around us in thoughtful, creative, and engaging ways.

Broadcast at the Cultural Services of the French Embassy’s Facebook page as well as on nightofideas.org, this unprecedented virtual experience will allow audiences from every corner of the country (and the world) to interact with major thinkers and artists, and to participate in philosophical conversations about the most pressing issues of our time. Tackling subjects as varied as inclusive cities, democracy, our relationship to the universe, protest and resistance, solidarity, and universalism, the US program will creatively combine three different types of content:

  • Cityscapes, wandering conversations in 10 U.S. cities with cultural luminaries such as astronaut Thomas Pesquet in Houston, award-winning journalist Patt Morrison in Los Angeles, Secretary of the Smithsonian Lonnie Bunch and Ambassador Philippe Étienne in Washington D.C., architect Jeanne Gang in Chicago, artist Brandan « BMike » Odums in New Orleans, and a walk along the Freedom Trail in Boston;
  • Conversation Capsules with leading philosophers and thinkers including San Francisco Mayor London Breed, Souleymane Bachir Diagne, Barbara Cassin, choreographer Sidi Larbi Cherkaoui, Melissa Chiu, Sterling Ruby, Huma Bhabha, feminist writer Mona Eltahawy, Mexican writer Yuri Herrera, Christia Mercer, Shanequa Gay, Robert Barsky, curator Lauren Tate Baeza, soprano Anne Azéma, visual artist Anne Plaisance, Stéphanie Boulard, Marie Morel;

0 Artistic performances including a meditation on the beach in Miami, pianists Dan Tepfer and Thomas Enhco, Tucker Nichols, and more.

For the first time this year, the event will feature a special pre-recorded segment geared toward young audiences. French philosopher Marie Robert will explore philosophical topics around love and friendship with children and teachers from French-English dual language programs at Middle School (Maryland) et Lafayette Academy (New York).

«This exceptional Night of Ideas will generate a collective moment for reflection and inspiration spanning cities, cultures, topics, and generations,» stated Gaëtan Bruel, Cultural Counselor of the French Embassy, «We are proud to participate in this celebration of ideas without borders, which will reinforce intellectual and human connections on a local and global level and foster meaningful interactions among diverse audiences. We are delighted to have Patti Smith as our prestigious opening guest, as we know she will perfectly set the tone for this incredibly special night!»

We are grateful for the support of our lead U.S. sponsors, The Judy and Peter Blum Kovler Foundation, and of our national partner, the National Endowment for the Humanities. We also want to thank our programming partners around the country: KQED, California Humanities, SFMoMa, the Hirshhorn Museum, the Natural History Museum of Los Angeles County, and Columbia University.

«As we begin a new year with renewed hope, I am delighted that this new NEH partnership with the Embassy of France in the United States will help Americans from large and small communities alike begin the process of ‘Proches,’ the French term for ‘Closing the Distance’,» said NEH Chairman Jon Parrish Peede. «Our participation in the Night of Ideas, an annual global event, will help restore our faith in what unites us here in the U.S., as well as what unites us with peoples of different cultures around the world.»

A special thanks to our historical partners, Brooklyn Public Library and San Francisco Public Library, which have supported the Night of Philosophy & Ideas since its inception. This year, the Brooklyn Public Library will broadcast 6 hours of live programming as part of Night of Ideas and feature guests such as Mona Eltahawy and Yuri Herrera, whose segments will also be included in the 24-hour global Night of Ideas feed. A second satellite virtual event will feature content exclusively produced in San Francisco. Co-presented by the Cultural Services of the French Embassy in the U.S., the San Francisco Public Library, KQED, San Francisco Museum of Modern Art, and Villa San Francisco, the San Francisco stream strives to represent the breadth of the wider Bay Area’s diverse thought and expression with guests such as San Francisco Mayor London Breed and artist Favianna Rodriguez.

The global Institut Français live stream is sponsored by YouBLive, AOC Media, Brut, France Médias Monde, TV5Monde, France Bleu, and France Culture.

About the Cultural Services of the French Embassy

The Cultural Services of the French Embassy promotes the best of French arts, literature, cinema, digital innovation, language, and higher education across the US. Based in New York City, Washington D.C., and eight other cities across the country, the Cultural Services brings artists, authors, intellectuals, and innovators to cities nationwide. It also builds partnerships between French and American artists, institutions, and universities on both sides of the Atlantic. In New York, through its bookshop Albertine, it fosters French-American exchange around literature and the arts. frenchculture.org

Lead Sponsor

The Judy and Peter Blum Kovler Foundation
The Foundation’s work has included underwriting of such public spaces as Washington’s Franklin D. Roosevelt Memorial, the National Museum of African American History and Culture, and the Holocaust Museum, and in New York the new Statue of Liberty Museum. In connection to French culture and history, it has underwritten efforts at Notre Dame restoration, the Louvre Endowment, and to Holocaust studies including the 1988 Academy Award winning documentary, Hotel Terminus, the Life and Times of Klaus Barbie.

National Partners

National Endowment for the Humanities
Created in 1965 as an independent federal agency, the National Endowment for the Humanities supports research and learning in history, literature, philosophy, and other areas of the humanities by funding selected, peer-reviewed proposals from around the nation. NEH also funds humanities councils around the country whose programs encourage support for the humanities and lifelong learning. NEH.gov

Carnegie Corporation of New York
Carnegie Corporation of New York is one of America’s oldest grantmaking foundations, established in 1911 by Andrew Carnegie to promote the advancement and diffusion of knowledge and understanding. In keeping with this mandate, the Corporation’s work focuses on the issues that Andrew Carnegie considered of paramount importance: international peace, the advancement of education and knowledge, and the strength of our democracy. carnegie.org

FACE Foundation
FACE Foundation is an American nonprofit organization dedicated to supporting French-American relations through innovative cultural and educational projects. In partnership with the Cultural Services of the French Embassy in the United States, FACE Foundation promotes artistic, literary, and educational exchange and collaboration between creative professionals from both countries. With additional corporate, foundation, and individual support, FACE Foundation administers grant programs in the performing and visual arts, cinema, translation, and secondary and higher education, while providing financial sponsorship to French-American festivals and other cultural initiatives. FACE Foundation focuses on new and recent work of living artists and the promotion of bilingualism and the French language. face-foundation.org

Media Contact

Mathilde Campergue, Cultural Services of the French Embassy, +1 9178819003, mathilde.campergue@frenchculture.org

Twitter

 

SOURCE Cultural Services of the French Embassy

Father/Daughter team makes personal investing COMICAL for millennials

PORTLAND, Ore., Jan. 19, 2021 /PRNewswire-PRWeb/ — You work hard for your money and it should work hard for you. Yet for the majority of millennials, the complexity of investing and the over-abundance of investing products has increased their confusion and their financial risk. Savings are stuffed in low-interest bank accounts, or in costly and under-performing investments, losing the battle against inflation. Ten years after her father engaged her to illustrate his financial books for kids, <span…

PORTLAND, Ore., Jan. 19, 2021 /PRNewswire-PRWeb/ — You work hard for your money and it should work hard for you. Yet for the majority of millennials, the complexity of investing and the over-abundance of investing products has increased their confusion and their financial risk. Savings are stuffed in low-interest bank accounts, or in costly and under-performing investments, losing the battle against inflation. Ten years after her father engaged her to illustrate his financial books for kids, Natalie Nourigat (Disney Animation Studios) reversed roles, and approached him to create something that could easily teach her generation of millennials the essentials of personal investing. He agreed, if she would bring his story to life with comic illustrations that speak to her generation.

«INVESTMENT WISDOM: The secret sauce to growing money» is an informative 12-page comic that covers millennials’ diverse perspectives and goals, while establishing a financial baseline that readers can easily digest and act upon. The engaging comic is hosted on http://www.FarBeyond.com and is supplemented by a free «investment insights guide» and related «explainer videos». The comic’s author, Paul Nourigat, has written 9 financial literacy books and has advised thousands of business leaders and families for over 30 years. He says that «Throughout life, most of us are confronted with financial decisions we’re not prepared for, and personal investing has been overly complex and costly for far too long. Helping young adults become empowered and financially independent is crucial to America’s future, particularly given the pandemic and it’s residual challenges. Yet, even through tough times, young people can multiply their savings and build strong futures with the right approach.»

LEVERAGING WISDOM AND ART – As she matured and advanced in her creative career, Natalie Nourigat experienced the challenges of saving and investing money, and says «I’ve seen the cumulative effects of my small initial savings growing year over year and it’s very exciting to watch your funds grow. Yet I still find certain aspects of the markets confusing, so working with my dad to simplify the concepts for everyone’s benefit – through the comic medium – called to me.»

Illustrator Natalie Nourigat is a Story Artist and Short Film Director for Disney Animation. Author Paul Nourigat is a business consultant based in Portland Oregon, and founder of FarBeyond Publishing, which promotes financial literacy and self-sufficiency, by creating unique visual media with age-appropriate messaging to engage readers. His 10th book is expected to be released within the next 12 months, for pre-retirees and retirees who cherish independence as they age.

Media Contact

Executive Editor, FarBeyond Publishing, 1 503-683-3013, publish@farbeyond.com

 

SOURCE FarBeyond Publishing

Fitness Machine Technicians Opens First Location in Minnesota

MINNEAPOLIS, Jan. 19, 2021 /PRNewswire-PRWeb/ — Fitness Machine Technicians, specialists in the maintenance and repair of exercise equipment for commercial and residential customers, opens in the Minneapolis and St. Paul areas today. Plymouth residents Brian and Bethany Dillon will own and operate the local office.

Fitness Machine Technicians operates in more than…

MINNEAPOLIS, Jan. 19, 2021 /PRNewswire-PRWeb/ — Fitness Machine Technicians, specialists in the maintenance and repair of exercise equipment for commercial and residential customers, opens in the Minneapolis and St. Paul areas today. Plymouth residents Brian and Bethany Dillon will own and operate the local office.

Fitness Machine Technicians operates in more than 100 markets across the country and offers service/repair and maintenance on a variety of exercise equipment in fitness centers, universities, high schools, hotels, apartment complexes, corporate gyms and private residences.

Both Brian and Bethany are originally from the area and received their master’s degrees in the Twin Cities – Brian studied accounting and finance, and Bethany studied psychology. They currently work in their respective fields locally.

The husband-wife duo plan to train and hire technicians to service and perform maintenance on workout machines.

«We are avid gym-goers and enjoy being active, so we were intrigued by the opportunity to be part of the growing fitness industry,» said Bethany. «With Minneapolis and St. Paul ranking among the top 10 fittest cities in the U.S., we know residents here turn to at-home or gym workouts, especially during the many cold months we experience in Minnesota, and we recognize the opportunity and need to keep equipment in top shape.»

Due to the current COVID-19 pandemic, technicians take extra precautions by wearing face masks, shoe covers, and gloves and using disinfectant wipes when servicing equipment.

Since its inception, Fitness Machine Technicians has been committed to delivering reliable service/repair and preventive maintenance services to customers across the nation. With more than 35 years’ experience in the fitness industry, Chief Executive and Founder Don Powers created a company that puts its customers first.

Powers notes, «I’m looking forward to seeing the Dillons open our first Minnesota franchise – with their backgrounds and knowledge of the area, we know they’ll have great success!»

For more information about having a fitness machine or exercise facility serviced, please contact Fitness Machine Technicians of Minneapolis and St. Paul at 612-605-7558 or visit http://www.FitnessMachineTechnicians.com/MSP.

About Fitness Machine Technicians
Fitness Machine Technicians specializes in the maintenance and repair of fitness equipment for commercial and home exercise facilities. Clients include fitness centers, corporations, hotels, condominiums, high schools, colleges and universities, government, and residential homes across the United States. Its corporate-trained and authorized technicians are committed to providing the most reliable repair and maintenance services.

Fitness Machine Technicians also offers franchise opportunities to individuals with an interest in fitness and looking to run a service-based business based on a proven operating model. The company’s award-winning franchise currently has locations in approximately 100 territories across the country. For more information, visit the website at http://www.FitnessMachineTechnicians.com or call 844-FMT-FIXX.

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Media Contact

Katie Kring, Fitness Machine Technicians, 2152858727, kkring@powersbc.com

 

SOURCE Fitness Machine Technicians