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EY Future Consumer Index: Rising cost of living forces consumers to tighten grip on finances and get creative with sustainability

Retrieved on: 
Thursday, June 30, 2022 - 12:01am

"As talk of a looming recession increases in many markets globally, consumer businesses are bracing themselves for further economic pressures.

Key Points: 
  • "As talk of a looming recession increases in many markets globally, consumer businesses are bracing themselves for further economic pressures.
  • Despite increasing momentum and pressures to live in a more environmentally friendly way, consumers' efforts are being stunted by the rising cost of living.
  • "Despite consumers finding ever more creative ways to adapt to rising living costs, businesses must not become complacent with their sustainability efforts.
  • The EY Future Consumer Index tracks changing consumer sentiment and behaviors across time horizons and global markets, identifying the new consumer segments that are emerging.

EY Future Consumer Index: Rising cost of living forces consumers to tighten grip on finances and get creative with sustainability

Retrieved on: 
Thursday, June 30, 2022 - 12:01am

"As talk of a looming recession increases in many markets globally, consumer businesses are bracing themselves for further economic pressures.

Key Points: 
  • "As talk of a looming recession increases in many markets globally, consumer businesses are bracing themselves for further economic pressures.
  • Despite increasing momentum and pressures to live in a more environmentally friendly way, consumers' efforts are being stunted by the rising cost of living.
  • "Despite consumers finding ever more creative ways to adapt to rising living costs, businesses must not become complacent with their sustainability efforts.
  • The EY Future Consumer Index tracks changing consumer sentiment and behaviors across time horizons and global markets, identifying the new consumer segments that are emerging.

RH Updates Fiscal 2022 Outlook

Retrieved on: 
Wednesday, June 29, 2022 - 9:05pm

RH (NYSE:RH) today announced revisions to its outlook for fiscal 2022.

Key Points: 
  • RH (NYSE:RH) today announced revisions to its outlook for fiscal 2022.
  • The second quarter outlook remains unchanged versus our prior forecast due to faster backlog relief offsetting lower than expected demand.
  • RH (NYSE: RH) is a curator of design, taste and style in the luxury lifestyle market.
  • RH uses these non-GAAP financial measures for financial and operational decision making and as a means to evaluate period-to-period comparisons.

Civitas Resources Announces Appointment of New Chief Legal Officer

Retrieved on: 
Wednesday, June 29, 2022 - 9:15pm

Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today announced the retirement of Cyrus (Skip) Marter and the appointment of Travis Counts as the Companys new Chief Legal Officer.

Key Points: 
  • Civitas Resources, Inc. (NYSE: CIVI) (the "Company" or "Civitas") today announced the retirement of Cyrus (Skip) Marter and the appointment of Travis Counts as the Companys new Chief Legal Officer.
  • In conjunction with Mr. Marters retirement, the Company's board of directors has appointed Travis Counts as the new Chief Legal Officer and Secretary.
  • Chris Doyle, President and Chief Executive Officer of Civitas, commented, Our board of directors and I want to thank Skip for his many contributions to Civitas.
  • We also want to welcome Travis Counts as our new Chief Legal Officer.

Perdue Farms and Wor-Wic Community College Partner To Ease Truck Driver Shortage

Retrieved on: 
Wednesday, June 29, 2022 - 9:47pm

SALISBURY, Md., June 29, 2022 /PRNewswire/ -- The United States is experiencing a shortage of more than 80,000 truck drivers, according to an estimate from the American Trucking Associations. The ATA also estimates that about 72 percent of America's freight transport moves by trucks, which shows just how dependent consumers are on the drivers who deliver chicken products to stores or gas to pumps or anything ordered online.

Key Points: 
  • Perdue Farms and Wor-Wic Community College , both based in Salisbury, Md., are working to ensure that Lower Eastern Shore of Maryland residents can take advantage of the growing job market and work to ease transport and supply chain issues.
  • Through its charitable giving arm, the Franklin P. and Arthur W. Perdue Foundation , Perdue Farms has pledged $120,000 to fund a new simulation lab for students in the commercial driver's license (CDL) course at Wor-Wic.
  • "At Perdue, we employ just under 400 commercial truck drivers to deliver our products to our customers and consumers," said Rich Hernandez, vice president of transportation and warehousing for Perdue Farms.
  • The Franklin P. and Arthur W. Perdue Foundation , the charitable giving arm of Perdue Farms, was established in 1957 by company founder Arthur W. Perdue and is funded through the estates of Arthur W. Perdue and Frank Perdue.

NASA Shares Climate, Earth Science Resources at Folklife Festival

Retrieved on: 
Wednesday, June 29, 2022 - 9:10pm

"NASA explores our own planet Earth, using the unique vantage point of space to observe how our planet's oceans, atmosphere, land, and ice work together as an Earth system," said Karen St. Germain, Earth Science Division director at NASA Headquarters.

Key Points: 
  • "NASA explores our own planet Earth, using the unique vantage point of space to observe how our planet's oceans, atmosphere, land, and ice work together as an Earth system," said Karen St. Germain, Earth Science Division director at NASA Headquarters.
  • In addition, NASA will host a free, public exhibit featuring information about science, live demonstrations, and other family friendly activities.
  • Lawrence Friedl, associate director of NASA's Earth Applied Sciences Program, joins chefs and other speakers at the Foodways Kitchen to discuss how NASA Earth science data is used by anglers, farmers, and decision-makers to support sustainable practices.
  • For more information about NASA's Earth science programs, visit:
    View original content to download multimedia: https://www.prnewswire.com/news-releases/nasa-shares-climate-earth-scien...

PROSPERITY BANCSHARES, INC.® INVITES YOU TO JOIN ITS SECOND QUARTER 2022 EARNINGS CONFERENCE CALL

Retrieved on: 
Wednesday, June 29, 2022 - 9:00pm

If you are unable to participate during the live webcast, the call will be archived on the website at https://www.prosperitybankusa.com/Investor-Relations .

Key Points: 
  • If you are unable to participate during the live webcast, the call will be archived on the website at https://www.prosperitybankusa.com/Investor-Relations .
  • As of March 31, 2022, Prosperity Bancshares, Inc. is a $38.271 billion Houston, Texas-based regional financial holding company providing personal banking services and investments to consumers and small to medium-sized businesses throughout Texas and Oklahoma.
  • Founded in 1983, Prosperity believes in a community banking philosophy, taking care of customers, businesses, and communities in the areas it serves by providing financial solutions to simplify everyday financial needs.
  • Copies of the SEC filings for Prosperity Bancshares may be downloaded from the Internet at no charge from http://www.prosperitybankusa.com.

Worldwide Weather Forecasting Services Market Report 2022-2030: Featuring Key Players AccuWeather, STormGeo, The Weather Company & Others

Retrieved on: 
Wednesday, June 29, 2022 - 8:45pm

The global weather forecasting services market size is expected to reach USD 4.0 billion by 2030, according to a new report.

Key Points: 
  • The global weather forecasting services market size is expected to reach USD 4.0 billion by 2030, according to a new report.
  • Climate change has led to more frequent extreme weather events, driving the demand for weather forecasting services worldwide.
  • Market players are investing in research and technology such as automation and supercomputers for providing highly accurate weather forecasts.
  • This can be attributed to the presence of a large number of weather forecasting service players in the region.

EarthX and the Dallas Symphony Orchestra to Present The Way of the Rain - Hope for Earth

Retrieved on: 
Wednesday, June 29, 2022 - 7:03pm

DALLAS, June 29, 2022 /PRNewswire/ -- EarthX and the Dallas Symphony Orchestra today announced the U.S. Premiere of The Way of the Rain – Hope for Earth. This multidisciplinary environmental performance is a creation for orchestra, chorus, film, art, and spoken word and will be presented at the Morton H. Meyerson Symphony Center in Dallas, Texas, at 7pm on Saturday, October 22, 2022. The performance interprets nature's powerful beauty while calling attention to the Earth's vulnerability brought on by climate change. This performance, created and directed by Sibylle Szaggars Redford, is in collaboration with Music Composer Tim Janis, Performance Film Artist Floyd Thomas McBee, with a special narration – Spoken Word by Robert Redford. The Dallas Symphony Orchestra will be conducted by Julien Benichou. VIP Experience packages are available at $1,000 and $2,500. Tickets for the event are $45-$250 and will go on sale at 4:00PM Eastern/3:00PM Central time. Details are available at dallassymphony.org.

Key Points: 
  • Premiere of The Way of the Rain Hope for Earth.
  • The Way of the Rain Hope for Earth originally slated for the 50th Anniversary of Earth Day at Earthx2020 at Music Hall, Fair Park was delayed due topandemic-related concerns.
  • After more than two years we are thrilled to be hosting this special evening in Dallas with the Dallas Symphony Orchestra."
  • "We are honored The Way of the Rain - Hope for Earth will finally be presented to Dallas," said Sibylle Szaggars Redford, Founder, President & Artistic Director of The Way of the Rain Hope for Earth.

21 Acres -- Extreme precipitation threatens food security and drives up local food costs

Retrieved on: 
Wednesday, June 29, 2022 - 5:46pm

Many farms in the Greater Seattle area--Sammamish, Snohomish, and Snoqualmie valleys—have high water tables. Seasonal flooding comes with the territory--but not usually this late in the season, when drier, heat-loving crops like tomatoes and squash are supposed to be in the ground already. Food safety rules dictate that fields cannot be planted again until 60 days after a flooding event—meaning some varieties may not have any time to come to fruition.

Key Points: 
  • Over the past decade, small local farms have been adjusting to increasing heat by switching out tried-and-true seed varietals for more heat-hardy varieties.
  • An American workforce already reeling from the pandemic is struggling to afford rising costs of food.
  • Ansley Roberts, Farm Manager at 21 Acres, said that local food producers are uniquely positioned to contribute to food access initiatives, trial climate-hardy seed varietals, and grow a wide variety of crops.
  • 21 Acres Center for Local Food & Sustainable Living is a nonprofit organization committed to educating about the value of agroecology, soil health, local food systems, and green energy as solutions to climate change.