Hundreds of People at Risk for Severe COVID-19 Avoid Hospitalization with New Treatment

BRONX, N.Y., Feb. 18, 2021 /PRNewswire-HISPANIC PR WIRE/ — Last December, 70-year-old Bronx resident Irma Vega got COVID-19. Like 52 percent of people living in…

BRONX, N.Y., Feb. 18, 2021 /PRNewswire-HISPANIC PR WIRE/ — Last December, 70-year-old Bronx resident Irma Vega got COVID-19. Like 52 percent of people living in the Bronx, Vega had multiple chronic conditions, meaning her case of COVID-19 could easily become life-threatening. After her positive test, she arrived at Montefiore Medical Center to begin monoclonal antibody treatment.

Dr. Priya Nori, director of the Antibiotic Stewardship Program, an infectious disease specialist at Montefiore Health System, and associate professor of medicine at Albert Einstein College of Medicine

Monoclonal antibodies are created in a lab and function like naturally occurring antibodies, fighting infections before they spread. Studies show that when monoclonal antibodies are given intravenously to high-risk people diagnosed early with COVID-19, it can prevent them from experiencing severe symptoms that lead to hospitalizations.

«COVID-19 is a horrible illness, but I trusted the doctors and nurses,» said Vega. «I started monoclonal antibodies and my symptoms never got worse. I never needed to go to the hospital.»

Today more than 470 patients like Vega have benefited from Montefiore’s monoclonal antibody program, 93 percent of whom avoided worsening symptoms that would have required a visit to the hospital.

«Longstanding inequities and chronic disease have led to high COVID-19 infection rates and significant risk of death in our borough,» said Dr. Priya Nori, director of the Antibiotic Stewardship Program, an infectious disease specialist at Montefiore Health System, and associate professor of medicine at Albert Einstein College of Medicine. «Now Bronx residents have a safe, evidence-based treatment that stops COVID-19 in its tracks and is preventing severe illness.»

In December, Dr. Nori’s team began treating patients in Montefiore’s Bronx emergency departments with monoclonal antibodies, which are developed by pharmaceutical companies and authorized by the Food and Drug Administration. Since then, Montefiore opened an infusion clinic – now the main location for this therapy – and is partnering with local nursing homes to treat their residents.

People who qualify for monoclonal antibodies have a high-risk of severe COVID-19, including people aged 65 or older, and illnesses like chronic kidney disease, diabetes, hypertension, coronary artery disease, obesity and COPD. People who are immunocompromised due to diseases such as cancer, lupus or sickle cell anemia, or organ transplant recipients, are also candidates for treatment. Pregnant women and high-risk patients under age 21 may also qualify.

The monoclonal antibody treatment is given using IV therapy, administered through a vein in the arm, for about an hour. Patients are evaluated by a nurse practitioner and then monitored for any allergic reactions, which are extremely rare.  The appointment takes about three hours to complete; afterward patients receive a follow-up phone visit. Less than two weeks later, a telehealth appointment is completed with an infectious disease doctor who reviews recovery and symptoms.

«Patients come in with fear of COVID-19 and leave with hope because of this treatment,» said Susan Sakalian, Oncology Certified Nurse at Montefiore Medical Center. «It is a huge step forward from where we were in March 2020. The infusions keep people from needing emergency care, and that’s an invaluable resource for our patients and their families.»

For more information about the monoclonal antibodies treatment, please visit  covid19.montefiore.org/monoclonal-antibody-therapy-montefiore#main-content.

About Montefiore Health System
Montefiore Health System is one of New York’s premier academic health systems and is a recognized leader in providing exceptional quality and personalized, accountable care to approximately three million people in communities across the Bronx, Westchester and the Hudson Valley. It is comprised of 10 hospitals, including the Children’s Hospital at Montefiore, Burke Rehabilitation Hospital and more than 200 outpatient ambulatory care sites. The advanced clinical and translational research at its medical school, Albert Einstein College of Medicine, directly informs patient care and improves outcomes. From the Montefiore-Einstein Centers of Excellence in cancer, cardiology and vascular care, pediatrics, and transplantation, to its preeminent school-based health program, Montefiore is a fully integrated healthcare delivery system providing coordinated, comprehensive care to patients and their families. For more information please visit www.montefiore.org. Follow us on Twitter and view us on Facebook and YouTube.

About Albert Einstein College of Medicine
Albert Einstein College of Medicine is one of the nation’s premier centers for research, medical education and clinical investigation. During the 2020-21 academic year, Einstein is home to 721 M.D. students, 178 Ph.D. students, 109 students in the combined M.D./Ph.D. program, and 265 postdoctoral research fellows. The College of Medicine has more than 1,900 full-time faculty members located on the main campus and at its clinical affiliates. In 2020, Einstein received more than $197 million in awards from the National Institutes of Health (NIH). This includes the funding of major research centers at Einstein in aging, intellectual development disorders, diabetes, cancer, clinical and translational research, liver disease, and AIDS. Other areas where the College of Medicine is concentrating its efforts include developmental brain research, neuroscience, cardiac disease, and initiatives to reduce and eliminate ethnic and racial health disparities. Its partnership with Montefiore, the University Hospital and academic medical center for Einstein, advances clinical and translational research to accelerate the pace at which new discoveries become the treatments and therapies that benefit patients. Einstein runs one of the largest residency and fellowship training programs in the medical and dental professions in the United States through Montefiore and an affiliation network involving hospitals and medical centers in the Bronx, Brooklyn and on Long Island. For more information, please visit www.einstein.yu.edu, read our blog, follow us on Twitter, like us on Facebook, and view us on YouTube.

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Logo – https://mma.prnewswire.com/media/675671/Montefiore_Logo.jpg

SOURCE Montefiore Health System

Hundreds of People at Risk for Severe COVID-19 Avoid Hospitalization with New Treatment

BRONX, N.Y., Feb. 18, 2021 /PRNewswire/ — Last December, 70-year-old Bronx resident Irma Vega got COVID-19. Like 52 percent of people living in the <span…

BRONX, N.Y., Feb. 18, 2021 /PRNewswire/ — Last December, 70-year-old Bronx resident Irma Vega got COVID-19. Like 52 percent of people living in the Bronx, Vega had multiple chronic conditions, meaning her case of COVID-19 could easily become life-threatening. After her positive test, she arrived at Montefiore Medical Center to begin monoclonal antibody treatment.

Monoclonal antibodies are created in a lab and function like naturally occurring antibodies, fighting infections before they spread. Studies show that when monoclonal antibodies are given intravenously to high-risk people diagnosed early with COVID-19, it can prevent them from experiencing severe symptoms that lead to hospitalizations.

«COVID-19 is a horrible illness, but I trusted the doctors and nurses,» said Vega. «I started monoclonal antibodies and my symptoms never got worse. I never needed to go to the hospital.»

Today more than 470 patients like Vega have benefited from Montefiore’s monoclonal antibody program, 93 percent of whom avoided worsening symptoms that would have required a visit to the hospital.

«Longstanding inequities and chronic disease have led to high COVID-19 infection rates and significant risk of death in our borough,» said Dr. Priya Nori, director of the Antibiotic Stewardship Program, an infectious disease specialist at Montefiore Health System, and associate professor of medicine at Albert Einstein College of Medicine. «Now Bronx residents have a safe, evidence-based treatment that stops COVID-19 in its tracks and is preventing severe illness.»

In December, Dr. Nori’s team began treating patients in Montefiore’s Bronx emergency departments with monoclonal antibodies, which are developed by pharmaceutical companies and authorized by the Food and Drug Administration. Since then, Montefiore opened an infusion clinic – now the main location for this therapy – and is partnering with local nursing homes to treat their residents.

People who qualify for monoclonal antibodies have a high-risk of severe COVID-19, including people aged 65 or older, and illnesses like chronic kidney disease, diabetes, hypertension, coronary artery disease, obesity and COPD. People who are immunocompromised due to diseases such as cancer, lupus or sickle cell anemia, or organ transplant recipients, are also candidates for treatment. Pregnant women and high-risk patients under age 21 may also qualify.

The monoclonal antibody treatment is given using IV therapy, administered through a vein in the arm, for about an hour. Patients are evaluated by a nurse practitioner and then monitored for any allergic reactions, which are extremely rare.  The appointment takes about three hours to complete; afterward patients receive a follow-up phone visit. Less than two weeks later, a telehealth appointment is completed with an infectious disease doctor who reviews recovery and symptoms.

«Patients come in with fear of COVID-19 and leave with hope because of this treatment,» said Susan Sakalian, Oncology Certified Nurse at Montefiore Medical Center. «It is a huge step forward from where we were in March 2020. The infusions keep people from needing emergency care, and that’s an invaluable resource for our patients and their families.»

For more information about the monoclonal antibodies treatment, please visit  covid19.montefiore.org/monoclonal-antibody-therapy-montefiore#main-content.

About Montefiore Health System
Montefiore Health System is one of New York’s premier academic health systems and is a recognized leader in providing exceptional quality and personalized, accountable care to approximately three million people in communities across the Bronx, Westchester and the Hudson Valley. It is comprised of 10 hospitals, including the Children’s Hospital at Montefiore, Burke Rehabilitation Hospital and more than 200 outpatient ambulatory care sites. The advanced clinical and translational research at its medical school, Albert Einstein College of Medicine, directly informs patient care and improves outcomes. From the Montefiore-Einstein Centers of Excellence in cancer, cardiology and vascular care, pediatrics, and transplantation, to its preeminent school-based health program, Montefiore is a fully integrated healthcare delivery system providing coordinated, comprehensive care to patients and their families. For more information please visit www.montefiore.org. Follow us on Twitter and view us on Facebook and YouTube.

About Albert Einstein College of Medicine
Albert Einstein College of Medicine is one of the nation’s premier centers for research, medical education and clinical investigation. During the 2020-21 academic year, Einstein is home to 721 M.D. students, 178 Ph.D. students, 109 students in the combined M.D./Ph.D. program, and 265 postdoctoral research fellows. The College of Medicine has more than 1,900 full-time faculty members located on the main campus and at its clinical affiliates. In 2020, Einstein received more than $197 million in awards from the National Institutes of Health (NIH). This includes the funding of major research centers at Einstein in aging, intellectual development disorders, diabetes, cancer, clinical and translational research, liver disease, and AIDS. Other areas where the College of Medicine is concentrating its efforts include developmental brain research, neuroscience, cardiac disease, and initiatives to reduce and eliminate ethnic and racial health disparities. Its partnership with Montefiore, the University Hospital and academic medical center for Einstein, advances clinical and translational research to accelerate the pace at which new discoveries become the treatments and therapies that benefit patients. Einstein runs one of the largest residency and fellowship training programs in the medical and dental professions in the United States through Montefiore and an affiliation network involving hospitals and medical centers in the Bronx, Brooklyn and on Long Island. For more information, please visit www.einstein.yu.edu, read our blog, follow us on Twitter, like us on Facebook, and view us on YouTube.

 

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SOURCE Montefiore Health System

Impact Of Covid-19 Among Issues At Forefront Of Bloomberg Law Bankruptcy Outlook

ARLINGTON, Va., Feb. 18, 2021 /PRNewswire/ — Bloomberg Law today announced the availability of its 2021 Outlook on Bankruptcy, which incorporates news, analysis, and a subset of the most recent Practical Guidance available to subscribers on its platform. The Outlook report is accessible for complimentary download at <a target="_blank"…

ARLINGTON, Va., Feb. 18, 2021 /PRNewswire/ — Bloomberg Law today announced the availability of its 2021 Outlook on Bankruptcy, which incorporates news, analysis, and a subset of the most recent Practical Guidance available to subscribers on its platform. The Outlook report is accessible for complimentary download at http://onb-law.com/Yost50DDENB.

The 2021 Outlook on Bankruptcy features:

  • News related to the uptick in bankruptcy filings and a closer look at trends across some of the industries that have been most impacted, including hospitality and retail, which saw its largest number of filings in more than a decade.
  • Analysis by Bloomberg Law’s expert analyst team, which looks at the many lease- and rent-related bankruptcy amendments in the recently enacted Consolidated Appropriations Act, 2021 (CAA) and how the 2019 Small Business Reorganization Act has proven to be a useful tool for small businesses struggling due to the Covid-19 pandemic.
  • Practical Guidance including a temporary pandemic-related Bankruptcy Code provisions table which provides an at-a-glance overview of amendments made by Congress in the past year to the Bankruptcy Code in the Coronavirus Aid, Relief, and Economic Security (CARES) Act and the CAA.

Bloomberg Law’s complimentary 2021 Outlook on Bankruptcy incorporates news, expert analysis, and Practical Guidance.

«The Covid-19 pandemic and accompanying downturn has led to many businesses declaring bankruptcy or having to contemplate it,» said Joe Breda, President, Bloomberg Law. «These businesses must now deal with a significant number of changes to the Bankruptcy Code – and with a new administration we anticipate additional changes. Bloomberg Law’s subscribers, however, can be confident that we will stay on top of developments from Congress, the administration, and the federal judiciary to help them understand the impacts on their bottom line.»

About Bloomberg Law

Bloomberg Law helps legal professionals provide world-class counsel with access to actionable legal intelligence in a business context. Bloomberg Law delivers a unique combination of comprehensive primary and secondary source material, real-time news, expert analysis, time-saving practice tools including Practical Guidance, market data, and business intelligence. For more information, visit pro.bloomberglaw.com.

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SOURCE Bloomberg Law

More than 100 North and South American Companies go Dutch in 2020

NEW YORK, Feb. 18, 2021 /PRNewswire/ — In 2020, 305 foreign companies chose to establish or expand operations in the Netherlands, according to the annual results of Invest in Holland and the Netherlands Foreign Investment Agency (NFIA) released today. These companies from around the globe expect to create more than 8,600 direct jobs in the first three years and invest 1.9 billion euros in their projects….

NEW YORK, Feb. 18, 2021 /PRNewswire/ — In 2020, 305 foreign companies chose to establish or expand operations in the Netherlands, according to the annual results of Invest in Holland and the Netherlands Foreign Investment Agency (NFIA) released today. These companies from around the globe expect to create more than 8,600 direct jobs in the first three years and invest 1.9 billion euros in their projects. Although the coronavirus is causing the Netherlands to attract fewer foreign companies, there is a constant flow of new companies as a result of Brexit.

U.S. and Canadian companies like Beyond Meat, Crocs, MSD, Inshur and McCain Foods tallied 100 direct investment projects in the Netherlands in 2020, accounting for nearly one-third of the foreign investment projects that NFIA and its partners were directly involved in worldwide.

Companies from North and South America are expected to invest close to 1.1 billion euros and generate 3,971 new jobs in the Netherlands by 2023. Expansion and relocation projects involved marketing and sales offices, distribution centers, European headquarters, manufacturing facilities and R&D in a range of industries from information technology and agrifood to life sciences & health.

Henny Jacobs, executive director of NFIA Americas, notes: «North and South American companies choose to invest in Holland to capitalize on our highly educated and multilingual workforce, world-class infrastructure, innovative culture and high-quality lifestyle that makes it easy to attract talent. The Netherlands is the America’s best gateway to Western Europe

Bas van ‘t Wout, Minister of Economic Affairs and Climate Policy and responsible for the NFIA, emphasizes the importance of foreign businesses: «I am pleased with all the foreign companies that have opted for the Netherlands. These international companies make an important contribution to our economy.»

Jeroen Nijland, NFIA commissioner and chairman of the Invest in Holland network says: «2020 was a year with two stories. The Netherlands is well-positioned for international companies looking for a stable base to serve the European market; for example, companies relocating operations due to Brexit. At the same time, the number of wider inward investments did see a decrease. This effect can largely be explained by the global coronavirus crisis. If we want to invest ourselves out of the crisis, we need to sustain our business climate; especially to encourage sustainable enterprise and innovation in the Netherlands, that enables us to grow.»

Coronavirus crisis constrains results
Foreign business investment has been under pressure everywhere since the coronavirus pandemic. The global crisis and growing economic uncertainty, coupled with fluctuating travel restrictions and supply chain problems, are causing companies to be reluctant to open new offices.

In 2020 the Netherlands saw the number of foreign business investments decrease by about a quarter compared to 2019, while the number of created jobs fell by about 40 percent. An even stronger decline in investments is being tempered thanks to strong Dutch sectors such as life sciences & health, IT and agrifood.

Brexit continues to play an important role
Even now that a Brexit deal has been concluded, the Netherlands remains popular to companies that are experiencing disruption due to Brexit. Many companies in the United Kingdom are currently experiencing problems due to extra administration, procedures, delivery times and worsened access to the European market. Due to continued uncertainty, the number of «Brexit companies» focusing on the Netherlands continues to grow. The NFIA is currently talking to 550 Brexit companies about a relocation or expansion to the Netherlands. This includes British companies, but also American and Asian parties that are reconsidering their current European structure due to the uncertainty caused by Brexit.

Since the referendum in June 2016, 218 Brexit companies have opted for the Netherlands, of which 78 again made the (partial) move last year. These 218 companies together are expected to generate 6,000 jobs and 544 million euros in investments in the first three years after arrival.

NFIA offers free, confidential assistance to companies looking to establish or expand operations in the Netherlands and has North American offices located in Atlanta, Chicago, New York City, San Francisco and Toronto. For more information, visit www.investinholland.com.

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SOURCE Netherlands Foreign Investment Agency; Invest in Holland

Green Street’s Real Estate Alert Releases Exclusive Broker Rankings Of $85 Billion In Newly Tracked Deals

NEWPORT BEACH, Calif., Feb. 18, 2021 /PRNewswire/ — Green Street’s Real Estate Alert has released a new special report featuring its first ever broker rankings for deals between $5 million and $25 million across the office, multi-family, industrial, retail and hotel sectors. This special supplement sheds light on transaction and market-level trends through the combination of Green Street’s trusted news, data, analytics, and research….

NEWPORT BEACH, Calif., Feb. 18, 2021 /PRNewswire/ — Green Street’s Real Estate Alert has released a new special report featuring its first ever broker rankings for deals between $5 million and $25 million across the office, multi-family, industrial, retail and hotel sectors. This special supplement sheds light on transaction and market-level trends through the combination of Green Street’s trusted news, data, analytics, and research.

The report reveals the different ways the ongoing pandemic and economic crisis have impacted the private-capital market versus the institutional space. Green Street’s proprietary data shows that private transaction deal volume was only down 23% in 2020, while the institutional segment saw a 35% drop. The private sector suffered less in the face of the pandemic due in part to its ability to quickly maneuver and deploy capital.

Real Estate Alert has long maintained the most authoritative broker rankings based on transactions exceeding $25 million. «The expansion of the Deal Database and creation of a new set of broker rankings grew naturally out of Green Street’s acquisition of Real Estate Alert last year,» said T.J. Foderaro, Editor-in-Chief. «In addition to 20-plus years of transactions over $25 million, the Deal Database now encompasses roughly $85 billion of deals valued at $5 million to $25 million, allowing us to provide the private-capital market with the same high-quality data and insights we’ve long delivered to the institutional space.»

Atlas, Green Street’s interactive mapping and analytics platform, has also been enhanced with the expanded transaction data, which now includes 50,000 verified transactions going back 15 years, totaling $3 trillion in deal value. Green Street continues to augment its product offerings to provide clients with unique and valuable cross-sector and cross-market trends, empowering them to make the best possible capital allocation decisions.

Download Green Street’s complimentary Real Estate Alert special report now.

About Green Street
Green Street is the preeminent provider of actionable commercial real estate research, news, data, analytics, and advisory services in the U.S. and Europe. For more than 35 years, Green Street has delivered unparalleled intelligence and trusted data on the public and private real estate markets, helping investors, banks, lenders, and other industry participants optimize investment and strategic decisions. The firm delivers exclusive market information, conclusion-driven insights, and predictive analytics through a SaaS platform. To learn more, please visit www.greenstreet.com.

Contact:
Green Street
Katie Clemons
Vice President, Marketing
949-640-8780
kclemons@greenstreet.com

 

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SOURCE Green Street

50+ global leaders to address the cascading effects of climate change at inaugural Milliman Climate Resilience Forum

SEATTLE, Feb. 18, 2021 /PRNewswire/ — Milliman, Inc., one of the premier global consulting and actuarial firms, today announced a stellar line-up of over 50 influential leaders across business, government, academia, and not-for-profit sectors who will speak at the inaugural Milliman Climate Resilience Forum…

SEATTLE, Feb. 18, 2021 /PRNewswire/ — Milliman, Inc., one of the premier global consulting and actuarial firms, today announced a stellar line-up of over 50 influential leaders across business, government, academia, and not-for-profit sectors who will speak at the inaugural Milliman Climate Resilience Forum (MCRF), March 2 – 4, 2021. The Milliman Climate Resilience Forum will unite varying perspectives as experts from around the globe discuss how the cascading effects of climate change could impact industry and society, and the steps needed to improve our resilience.

Register now for #MCRF2021, which is free to attend and open to all.

 Register now for #MCRF2021, which is free to attend and open to all. Here are just some of the key voices who will be speaking during the three-day event, March 2 – 4:

  • Alice Hill, Council on Foreign Relations
  • Denis Duverne, AXA, Insurance Development Forum
  • Spencer Glendon, Probable Futures
  • Anna Sweeney, Bank of England
  • Samantha Medlock, U.S. House Select Committee on the Climate Crisis
  • Olivier Mahul, World Bank
  • Ricardo Lara, California Department of Insurance
  • Sarah Russell, X, the moonshot factory
  • Michael Grimm, FEMA
  • Don Kanak, Prudential Insurance Growth Markets

Each day will focus on a specific challenge central to climate resilience: How is climate risk anticipated, measured, and communicated?  What are legislators and regulators doing to protect society from climate risk? How is industry innovating and adapting for climate change?

Going beyond the traditional virtual event, the Milliman Climate Resilience Forum allows registrants the opportunity to network and chat with other attendees, with the goal of delivering insight, inspiration, and discussion. To see the full speaker list and agenda, and to register, go to https://mcrf.milliman.com/s/registration-page/home

About Milliman

Milliman is among the world’s largest providers of actuarial and related products and services. The firm has consulting practices in healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe.  For further information, visit milliman.com.

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SOURCE Milliman, Inc.

CEO Confidence Increased to a 17-Year High in Q1 2021

NEW YORK, Feb. 18, 2021 /PRNewswire/ — The Conference Board Measure of CEO Confidence™ in collaboration with The Business Council improved further in the first quarter of 2021, following a sharp increase in the previous survey, conducted in September 2020. The measure now stands at 73, up from 64. This marks the highest level of CEO confidence since Q1 2004, when the measure stood at 74. (A reading above 50 points reflects more…

NEW YORK, Feb. 18, 2021 /PRNewswire/ — The Conference Board Measure of CEO Confidence™ in collaboration with The Business Council improved further in the first quarter of 2021, following a sharp increase in the previous survey, conducted in September 2020. The measure now stands at 73, up from 64. This marks the highest level of CEO confidence since Q1 2004, when the measure stood at 74. (A reading above 50 points reflects more positive than negative responses.) 

The outlook for employees’ wages has improved, while the potential for layoffs has receded. In Q1, 36 percent of CEOs foresaw increasing their employees’ wages by more than 3 percent over the next 12 months, compared with 22 percent in the previous survey. Moreover, just 12 percent CEOs said they anticipated reducing their workforce over the next 12 months, down from 34 percent. Talent shortages appear to be slowly reemerging: In Q1, business leaders reporting some trouble attracting qualified workers, in key or several areas, increased from 36 percent to 49 percent. 

«With the vaccine rollout underway in major economies, CEOs entered 2021 historically upbeat,» said Dana Peterson, Chief Economist of The Conference Board. «They foresee the economy improving further over the next six months. However, setbacks from the pandemic remain a risk to future growth.»

Overall, 82 percent of CEOs expected economic conditions to improve over the next six months, up from 63 percent in the previous survey. The proportion expecting conditions to worsen was cut in half—from 15 percent to 7 percent. Similarly, 78 percent of CEOs anticipate short-term prospects in their own industries to improve, up from 65 percent last September.

«CEOs across industries are planning for life after COVID-19,» said Roger W. Ferguson, Jr., Vice Chairman of The Business Council and Trustee of The Conference Board. «If downside risks are avoided, then this optimism will likely translate into higher wages, employment, and capital spending over the next year.» 

Current Conditions
CEOs’ assessment of general economic conditions remained positive overall in Q1:

  • 67 percent of CEOs reported economic conditions were better compared to six months ago, down slightly from 70 percent
  • However, only 10 percent said conditions were worse, down from 21 percent

CEOs remained optimistic about conditions in their own industries in Q1 compared to the prior survey:

  • 68 percent of CEOs reported conditions in their industries were better compared to six months ago, unchanged from the September survey
  • However, only 8 percent said conditions were worse in their own industries, down from 20 percent  

Future Conditions
Expectations about the short-term economic outlook improved considerably in Q1 over the previous survey:

  • 82 percent of CEOs expected economic conditions to improve over the next six months, up from 63 percent
  • Moreover, only 7 percent expected conditions to worsen, down from 15 percent 

CEOs’ expectations regarding short-term prospects in their own industries also improved in Q1:

  • 78 percent of CEOs anticipated improved conditions in their industry, up from 65 percent
  • 7 percent expected conditions to worsen, down from 11 percent

Capital Spending, Employment, Recruiting, and Wages
The survey also gauged CEOs’ expectations about four key actions their companies plan on taking over the next 12 months.

  • Capital Spending: 45 percent of CEOs expected to increase their capital budgets in the year ahead, while 15 percent anticipated decreasing spending, compared with 25 percent and 37 percent, respectively
  • Employment: 47 percent of CEOs expected to expand their workforce; up from 33 percent in the September survey
  • Hiring Qualified People: 50 percent of CEOs expected  few, if any, problems finding qualified workers, down from 62 percent
  • Wages: 36 percent of CEOs expect to increase wages by 3 percent or more; just 1 percent foresee wage cuts

Source: CEO Confidence Survey, January 2021 / The Conference Board
The CEO Confidence survey was fielded from January 14th through January 29th.

About The Conference Board
The Conference Board is the member-driven think tank that delivers trusted insights for what’s ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org

About The Business Council
The Business Council is a forum for the CEOs of the world’s largest multinational corporations across all industry sectors. Members gather several times each year to share best practices, network and engage in intellectually provocative, enlightening discussions with peers and thought-leaders in business, government, academia, science, technology and other disciplines. Through the medium of discussion, the Council seeks to foster greater understanding of the major opportunities and challenges facing business, and to create consensus for solutions. Visit The Business Council’s website at www.thebusinesscouncil.org 

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SOURCE The Conference Board

Urban Health Report Announces Holistic Health 100 List

CHICAGO, Feb. 18, 2021 /PRNewswire/ –The Urban Health Report (UHR), a digital health and wellness hub dedicated to eliminating health disparities in Black, indigenous and people of color (BIPOC) communities, launches with the UHR Holistic Health 100 list. The list of holistic health heroes was uniquely curated to recognize individuals who prompt innovative action, support and represent resilient holistic change in the lives of BIPOC.

«We decided to launch the UHR last spring upon hearing…

CHICAGO, Feb. 18, 2021 /PRNewswire/ –The Urban Health Report (UHR), a digital health and wellness hub dedicated to eliminating health disparities in Black, indigenous and people of color (BIPOC) communities, launches with the UHR Holistic Health 100 list. The list of holistic health heroes was uniquely curated to recognize individuals who prompt innovative action, support and represent resilient holistic change in the lives of BIPOC.

«We decided to launch the UHR last spring upon hearing about the impact of the racial health disparities amongst BIPOC, exacerbated by the coronavirus pandemic,» states UHR Founder Robert Ingram. «Inspiring greater possibilities for BIPOC will be a strategic and collaborative effort of grass-roots level community, culture influencers, creators of clear pathways to healthcare careers and the continual engagement and accountability of congress and corporate entities. Anything less will render efforts for comprehensive and holistic change for BIPOC ineffective and anemic,» intones UHR Co-Founder, Kayla Ingram

With this broadened perspective on holistic health and wellness by way of community, culture, corporate, careers and congress, individuals honored on this list challenge the world to reimagine BIPOC existence, holistically––body, mind and soul. Heading the list of honorees are President Joseph Biden, Vice President Kamala Harris and select members of the White House Coronavirus Task Force. Also at the top is Johnson & Johnson Chairman, CEO, Alex Gorsky, Merck CEO, Kenneth Frazier and Walgreens CEO, Rosalind Brewer.

A sample of other notables on the list includes Michael Sneed, J&J,  Dr. Valerie Montgomery Rice, Morehouse School of Medicine, Dr. Makaya Douoguih, Janssen, Dr. Wayne A. I. Frederick, Howard University School of Medicine, Vanessa Broadhurst, J&J, Dr. James E. K. Hiildreth, Meharry Medical College, Dr. David M. Carlisle, Charles R. Drew University of Medicine and Science, Courtney Billington, Janssen Neuroscience, Thomas Harvey, AT&T, Keith Sanders, CDW, Lebron James, NBA Great, Joan Robinson Berry, The Boeing Company, Calvin Butler, Exelon and Staci Hargraves, Janssen R&D.

Visit urbanhealthreport.org for more information and UHR’s Holistic Health 100 list.

About UHR

The Urban Health Report (UHR) exists to eliminate health disparities in BIPOC communities by emboldening BIPOC and the entities that seek to serve them.

Contact:

Kayla Ingram
291840@email4pr.com
4104047895

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SOURCE The Urban Health Report

Investigation Finds Used Cars Are Routinely Sold with Known, Life-Threatening Safety Defects — Sen. Blumenthal Weighs In

WASHINGTON, Feb. 18, 2021 /PRNewswire-PRWeb/ — Each year millions of used cars are sold with potentially deadly unaddressed safety recalls. The new owners of the affected vehicles often have no idea they are driving cars that could pose a danger, possibly a life-threatening one, to themselves, their passengers, and other drivers. Today, nonprofit <a target="_blank"…

WASHINGTON, Feb. 18, 2021 /PRNewswire-PRWeb/ — Each year millions of used cars are sold with potentially deadly unaddressed safety recalls. The new owners of the affected vehicles often have no idea they are driving cars that could pose a danger, possibly a life-threatening one, to themselves, their passengers, and other drivers. Today, nonprofit Consumers’ Checkbook, in partnership with the Consumer Federation of America (CFA), is releasing the results of an investigation that exposes the breadth of the problem and the significant risk to Americans’ safety. The full report is available at Checkbook.org/recalls.

Between 2010 and 2018, automakers in the U.S. recalled 238 million cars and light trucks due to unsafe defects. As mandated by federal law, automobile manufacturers issue recalls to inform vehicle owners about often dangerous problems. Checkbook’s investigation revealed many cars deemed unsafe until repaired end up on used-car lots, where they’re resold by dealers that have not fixed the problems nor informed buyers about them.

Checkbook’s researchers selected 10 vehicle models manufactured between 2010 and 2019 with previously announced recalls: 2014-18 Chrysler 300; 2013-16 Dodge Dart; 2013-14 Ford Escape; 2011-16 Honda Accord; 2011-14 Hyundai Sonata; 2012-16 Kia Soul; 2016-17 Nissan Maxima; 2012-14 Subaru Impreza; 2011-19 Toyota Corolla; and 2011-18 Volvo S60. Researchers searched for these cars on six major used-car online marketplaces and identified 600 individual vehicles up for sale in seven major metro areas. Researchers then checked the National Highway Traffic Safety Administration’s (NHTSA) database for unaddressed recalled safety defects for each.

Per the NHTSA’s database, Checkbook found 227 of the 600 automobiles—nearly 40 percent of them—had at least one unaddressed problem subject to a recall, almost all of them serious, such as engines that might stall, brakes that might fail, and seatbelts that might not operate properly in the event of a crash. Checkbook found one vehicle up for sale that had four unaddressed open recalls.

«It is unbelievable – and a surprise to most consumers – that dealerships routinely sell vehicles with open recalls, and in most cases it’s perfectly legal to do so,» said Kevin Brasler, executive editor of Consumers’ Checkbook. «What other industry gets a pass on knowingly selling defective dangerous products? A store would face massive fines and lawsuits if it knowingly sold contaminated meat or produce or filled prescriptions with medications after a pharmaceutical company warned that they might contain harmful contaminants. So why do we let used-car sellers get away with knowingly peddling dangerously defective vehicles? It’s unacceptable.»

Used-car dealers or anyone else can easily check a car for an unrepaired recalled defect simply by entering the vehicle’s 17-character VIN on the NHTSA website. Recalls can be addressed at no cost to vehicle owners.

«The automobile recall program is one of the government’s most important auto safety functions, but to be truly effective, car dealers should not be allowed to simply resell vehicles with known and correctable defects, said Jack Gillis, CFA’s executive director and author of The Car Book. «Simply put, profiting from the sale of any product with a known defect is unconscionable, and this investigation shows it is happening all the time.»

Advocates say what’s needed is a federal law requiring dealers to address recalled defects before selling, leasing, or loaning out a used vehicle. The Used Car Safety Recall Repair Act, introduced in the U.S. Senate by Richard Blumenthal (D-CT) would do just that.

«This investigation’s frightening findings show that urgent action is needed to ensure the safety of used cars,» Blumenthal said. «It is unacceptable that defective cars are regularly sold with known, potentially life-threatening safety issues to unsuspecting buyers. Congress must act to pass my bill – the Used Car Safety Recall Repair Act – and require auto-dealers to repair dangerous used cars. This is a common-sense measure to protect American consumers and our roads from unsafe cars.»

Among those that have opposed such legislation is the National Automobile Dealers Association (NADA). Although NADA did not respond to repeated requests for an interview for the report, a statement posted on its website in September 2020 said such a law would «cripple the used vehicle market,» creating what amounts to a trade-in tax by devaluing used vehicles by an average of $1,210 to as much as $5,000, according to one study it cited. The statement said that while dealers support a «100% recall completion rate,» some recalls are too minor to justify federal legislation like Blumenthal’s.

Consumer advocates disagree. «I doubt many drivers would consider door latches that might fail, airbags that might not deploy, seat belts that might not work, engines and brakes that might fail, and other serious safety defects our investigation routinely revealed as ‘minor’ problems,» said Brasler. «While car dealers, manufacturers, and their trade associations insist they’re working hard to make their products are safe, they’re clearly not doing nearly enough to actually make them so.»

About Consumers’ Checkbook/Center for the Study of Services
Consumers’ Checkbook (Checkbook.org) is an independent, nonprofit consumer organization, founded in 1974. Its mission is to help consumers get high-quality services and products at the best possible prices. In addition to working on national projects, Checkbook publishes Consumers’ Checkbook magazine in print and online in the Washington, D.C., San Francisco Bay, Puget Sound, Twin Cities, Chicago, Boston, and Delaware Valley areas, with ratings of service providers ranging from plumbers to surgeons. Checkbook is fully funded through subscription and publication sales, fees for information services, and consumer donations, and does not accept advertising dollars or other support from businesses so there can be no question of bias.

About the Consumer Federation of America
The Consumer Federation of America is an association of more than 250 non-profit consumer groups that, since 1968, has sought to advance the consumer interest through research, education, and advocacy.

Media Contact

Jamie Lettis, jlettis@checkbook.org, +1 (202) 454-3006, jlettis@checkbook.org

 

SOURCE Consumers’ Checkbook

Dialight Debuts Lowest Profile High Output High Bay In Its Class

FARMINGDALE, N.J., Feb. 18, 2021 /PRNewswire/ — Dialight (LSE: DIA.L), the global leader in hazardous and industrial LED lighting innovation, today announced the availability of its newest, lightest Low Profile Vigilant® LED High Output High Bay. 

The new smaller, lighter form factor is contractor-friendly at just under 7 inches high and 48 pounds with a copper-free aluminium housing, dual powder coat finish, and a hook mounting option for ease of installation.

Ideal for mounting…

FARMINGDALE, N.J., Feb. 18, 2021 /PRNewswire/ — Dialight (LSE: DIA.L), the global leader in hazardous and industrial LED lighting innovation, today announced the availability of its newest, lightest Low Profile Vigilant® LED High Output High Bay. 

The new smaller, lighter form factor is contractor-friendly at just under 7 inches high and 48 pounds with a copper-free aluminium housing, dual powder coat finish, and a hook mounting option for ease of installation.

Ideal for mounting heights up to 100 feet, this fixture boasts up to 71,000 lumens of total output and is well suited for difficult to reach locations where access for routine maintenance is simply not possible.

Built to Dialight’s iconic performance and reliability standards, the Low Profile High Output High Bay also carries the company’s industry-leading 10-year warranty, an L-70 rating greater than 150,000 hours and DLC Premium 5.1 on most models. At up to 155 lumens per watt, the new fixture provides a more efficient and cost effective alternative to legacy lighting technology such as 1000 watt HID fixtures. The High Bay is also designed for optimum thermal management and has a wide operating temperature range of -40°F to +149°F (-40°C to +65°C)..

«Dialight is committed to safety and sustainability in industrial applications,» said Fariyal Khanbabi, Dialight Group Chief Executive. «We are proud that our latest Low Profile High Output High Bay continues our heritage of technology innovation to support reliable, energy efficient, and cost-effective lighting for the most difficult to reach applications.»

Additional standard features for the Low Profile Vigilant High Output High Bay include: 0-10V dimming and 6kV surge protection. The fixture is rated to IP 66 and 67, UL 1598A (wet locations), CSA C22.2 No. 250, and CE. Narrow and medium beam patterns, and glass, acrylic and polycarbonate lens options are available.

During these extraordinary times, industrial customers are prioritizing safety in their facilities and that includes upgrading lighting to improve visibility. Reduced staff on-site makes it easier to access lighting without significantly impacting production below.

To learn more about Dialight LED upgrades or the Low Profile Vigilant High Bay, visit: https://www.dialight.com

Press Contact:
Nicole Paleologus
nicolep@nextpr.com

Cision View original content:http://www.prnewswire.com/news-releases/dialight-debuts-lowest-profile-high-output-high-bay-in-its-class-301230969.html

SOURCE Dialight