JPMorgan Chase

Medicovestor Selected as Finalist to Present Its First-in-Class ADC Platforms at JP Morgan Asset Management: Life Sciences Innovation Summit

Retrieved on: 
Friday, April 5, 2024

Unlike current ADCs, Medicovestor's groundbreaking first-in-class ADC platforms prioritize the "A" (antibody) over the "DC" (drug conjugate), harnessing the intrinsic antitumor activities of the backbone antibody.

Key Points: 
  • Unlike current ADCs, Medicovestor's groundbreaking first-in-class ADC platforms prioritize the "A" (antibody) over the "DC" (drug conjugate), harnessing the intrinsic antitumor activities of the backbone antibody.
  • "We are thrilled to be selected as a finalist for this prestigious summit," said Dr. Seah Lim , Founder and CEO of Medicovestor.
  • The Life Sciences Innovation Summit, hosted by JP Morgan Asset Management, serves as a prestigious platform for leading innovators, investors, and industry experts to explore cutting-edge advancements in healthcare and life sciences.
  • During the summit, Medicovestor aims to share insights into its ADC platform development, preclinical progress, and future prospects.

Hazelcast Announces Stephen Weston as Chief Scientist

Retrieved on: 
Thursday, April 4, 2024

Palo Alto, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Hazelcast, Inc. , the company that enables instant action on all data, announces Dr. Stephen Weston as its chief scientist, bringing deep ML and AI expertise to Hazelcast’s leadership in AI application and data infrastructure.

Key Points: 
  • Palo Alto, Calif., April 04, 2024 (GLOBE NEWSWIRE) -- Hazelcast, Inc. , the company that enables instant action on all data, announces Dr. Stephen Weston as its chief scientist, bringing deep ML and AI expertise to Hazelcast’s leadership in AI application and data infrastructure.
  • Weston, a Ph.D. in mathematical finance, brings 30 years of experience to the role in areas such as AI, risk management, and mathematical modeling.
  • In addition to his position as chief scientist at Hazelcast, Weston supervises academic research in the department of computing at Imperial College London, where the research group develops models that integrate technology, science and finance.
  • He and Weston are leading a deep bench of fintech and AI experts at Hazelcast.

UMH PROPERTIES, INC. EXPANDS ITS EXISTING UNSECURED REVOLVING CREDIT AGREEMENT

Retrieved on: 
Wednesday, April 3, 2024

FREEHOLD, NJ, April 03, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE:UMH), announced today that it has expanded its existing unsecured revolving credit facility (the “Facility”) from $180 million in available borrowings to $260 million in available borrowings.

Key Points: 
  • FREEHOLD, NJ, April 03, 2024 (GLOBE NEWSWIRE) -- UMH Properties, Inc. (NYSE: UMH) (TASE:UMH), announced today that it has expanded its existing unsecured revolving credit facility (the “Facility”) from $180 million in available borrowings to $260 million in available borrowings.
  • These communities are located in New Jersey, New York, Ohio, Pennsylvania, Tennessee, Indiana, Maryland, Michigan, Alabama, South Carolina and Georgia.
  • UMH also has an ownership interest in and operates two communities in Florida, containing 363 sites, through its joint venture with Nuveen Real Estate.
  • The Company undertakes no obligation to publicly update or revise any forward-looking statements whether as a result of new information, future events, or otherwise.

The number of Latino-owned businesses is growing 10x faster than White-owned businesses, as reported by the Stanford Graduate School of Business

Retrieved on: 
Wednesday, March 27, 2024

In fact, the number of Latino-owned businesses is growing 10x faster than white-owned businesses.

Key Points: 
  • In fact, the number of Latino-owned businesses is growing 10x faster than white-owned businesses.
  • As shown in the graph, the 3-year (2020-2023) median compound annual growth rate was 8.7% for Latino-owned businesses versus just 5.6% for white-owned businesses.
  • Latinos are not only starting businesses faster and experiencing higher revenue growth rates but they are also creating more jobs with better benefits.
  • It’s important to highlight that Latinas are starting new businesses and growing revenues more rapidly than their male counterparts.

Nonprofit Money Management International (MMI) Reveals Insights on the Hispanic Financial Experience

Retrieved on: 
Wednesday, March 27, 2024

The study sheds light on the unique financial experiences and challenges faced by Hispanic consumers.

Key Points: 
  • The study sheds light on the unique financial experiences and challenges faced by Hispanic consumers.
  • Debt Perception and Management: Hispanics expressed negative feelings towards debt, with a strong desire for education and support to effectively manage their financial obligations.
  • "We have been committed to serving the Hispanic community for decades, and we are excited about the potential this research unlocks.
  • By understanding the nuances of Hispanic financial experience, we can evolve our outreach and programs to continue to meet their unique needs," said Michelle Jones , Chief External Affairs Officer at MMI.

One Biosciences Welcomes Dr. Scott Braunstein and Dr. Vincent Miller to its Board of Directors

Retrieved on: 
Wednesday, March 27, 2024

to identify a new generation of precision medicine targets and develop new treatments, today announced the appointments of Dr. Scott Braunstein, and Dr. Vincent Miller, to its Board of Directors.

Key Points: 
  • to identify a new generation of precision medicine targets and develop new treatments, today announced the appointments of Dr. Scott Braunstein, and Dr. Vincent Miller, to its Board of Directors.
  • Our proprietary discovery engine has identified its first promising targets, and we are preparing to start drug development activities in 2025.
  • Bolstering our Board with such seasoned leaders will be a key factor to success.”
    Dr. Scott Braunstein brings over 30 years of knowledge and experience gained in the biotechnology, pharmaceutical, and biotech portfolio management industries.
  • Dr. Braunstein is currently on the board at Trevena and Caribou Biosciences.

UNCF Celebrates Tremendous Success of the National 80th Anniversary “A Mind Is…”® Gala, Raising Over $2M to Support HBCUs

Retrieved on: 
Tuesday, March 26, 2024

UNCF awarded its first National Alumni of the Year Award to Dr. Rubye Taylor-Drake for her invaluable work in helping to support UNCF’s National Alumni Council .

Key Points: 
  • UNCF awarded its first National Alumni of the Year Award to Dr. Rubye Taylor-Drake for her invaluable work in helping to support UNCF’s National Alumni Council .
  • The 80th anniversary “A Mind Is...” Gala featured captivating entertainment that added to the excitement of the evening.
  • "We are overwhelmed by the generosity and support shown at our 80th Anniversary “A Mind Is...” Gala," said Dr. Lomax.
  • “UNCF is grateful to all the sponsors, donors and attendees who made the 80th Anniversary “A Mind Is...” Gala a resounding success.

C.K. McWhorter Cancels J.P. Morgan Communications, Citing Lack of Inclusivity in Minority Banking Initiatives

Retrieved on: 
Tuesday, March 26, 2024

McWhorter, esteemed entrepreneur and financier, announces the cessation of discussions with JP Morgan Chase & Co.

Key Points: 
  • McWhorter, esteemed entrepreneur and financier, announces the cessation of discussions with JP Morgan Chase & Co.
  • The decision stems from a stark observation of the bank's inadequate commitment to fostering inclusivity in minority banking, particularly in facilitating Leveraged Buyouts (LBOs) and supporting Initial Public Offerings (IPOs) for underrepresented entrepreneurs.
  • Statistics reveal a glaring disparity in JP Morgan's lending practices, with a significant underrepresentation of minority entrepreneurs in their portfolio of LBOs and IPOs.
  • Regrettably, JP Morgan's demonstrated lack of inclusivity and support for minority banking initiatives falls short of the standards set forth by McWhorter's mission to create a more equitable and inclusive financial landscape.

Red Cell Partners and General Catalyst Co-Develop Andesite to Advance Cybersecurity for Analysts

Retrieved on: 
Tuesday, April 9, 2024

Red Cell Partners and General Catalyst today announced the public launch of Andesite AI (“Andesite”), a cybersecurity company dedicated to delivering cutting-edge technology to overburdened cybersecurity teams.

Key Points: 
  • Red Cell Partners and General Catalyst today announced the public launch of Andesite AI (“Andesite”), a cybersecurity company dedicated to delivering cutting-edge technology to overburdened cybersecurity teams.
  • Co-developed by Red Cell and General Catalyst, Andesite has built an advanced AI security analytics platform to empower both private- and public-sector cyber analysts to defend against advanced persistent threats (APTs).
  • Andesite is the latest company to launch under Red Cell’s newly formed Cyber Practice, led by George Barnes, a former Deputy Director of the National Security Agency (NSA).
  • "I partnered with General Catalyst to help bring global resilience to our most critical industries.

Kyriba Announces First of Its Kind Innovation with Onyx by J.P. Morgan and Expands Global Partner Ecosystem

Retrieved on: 
Monday, April 8, 2024

“Today, CFOs struggle with disconnected systems, ongoing liquidity uncertainty and limited visibility into the financial health of their business,” said Ara Gopal, Global Vice President, Partnerships & Alliances, Kyriba.

Key Points: 
  • “Today, CFOs struggle with disconnected systems, ongoing liquidity uncertainty and limited visibility into the financial health of their business,” said Ara Gopal, Global Vice President, Partnerships & Alliances, Kyriba.
  • “Kyriba is committed to cultivating the industry's strongest partner ecosystem and we are thrilled to be extending our innovation through our latest partnership with Workday and collaboration with Onyx.
  • This innovative cross-border payment solution is complemented by real-time payments and real-time bank reporting through the J.P. Morgan’s Global Payments API, available within the Kyriba Marketplace.
  • Partners such as Deloitte have made strategic investments in developing a global Kyriba network and are delivering the largest and most complex Kyriba implementations.