Photo Credit: Getty Images On Feb. 10, the U.S. Department of Energy (DOE) announced $30 million in funding to advance composite materials and additive manufacturing (AM) in large wind turbines, including for offshore wind energy systems. “The wind sector has proven to be a reliable source of clean power for homes and businesses in a variety of geographic areas,” U.S. Secretary of Energy Jennifer M. Granholm says. “Investing in next-generation materials that will lower the financial barriers to widespread deployment supports President Biden’s domestic manufacturing and clean energy goals.” Projects funded through this initiative will advance the priorities established in the DOE’s Offshore Wind Supply Chain Road Map and the current administration’s recently announced Floating Offshore Wind Shot , as well as furthering the U.S. president’s goals to deploy 30 gigawatts of offshore wind energy by 2030 and achieve a net-zero carbon economy by 2050. Led by the Office of Energy Efficiency and Renewable Energy (EERE)’s Advanced Materials and Manufacturing Technologies Office (AMMTO) , this funding opportunity seeks to improve the manufacturability and performance of composite materials associated with wind energy technologies. Project topic areas include the following: Large wind blade additive manufacturing This topic seeks projects that build […]

Click here to view original web page at www.compositesworld.com

Avaya This week, after months of speculation, Avaya announced its long awaited financial restructuring plans. The company has entered into a Restructuring Support Agreement (RSA) with 90% of the Company’s secured lenders. The company’s press release adds, "To efficiently implement the Financial Restructuring, Avaya and all of its U.S. subsidiaries today filed voluntary prepackaged Chapter 11 cases in the U.S. Bankruptcy Court for the Southern District of Texas." Once the restructuring is complete, Avaya’s total debt will be reduced by 75% from $3.4 billion to $800 million, and that debt isn’t due until 2028. The restructuring will also increase the company’s cash on hand to approximately $600M, providing substantial liquidity for Avaya moving forward. Because Avaya has already secured agreement among more than 90% of its secured creditors, the restructuring is expected to be completed in only two to three months. This will result in Avaya having net debt leverage of less than 1x revenue, which is actually better than many of its publicly traded peers. As part of the process, Avaya has been delisted from the New York Stock Exchange; post-restructuring, it will emerge as a private company. The company is better off being private while it continues […]

Click here to view original web page at www.nojitter.com

Research suggests that age-related declines in physical function can be slowed considerably by improving muscular power, or the ability to generate force quickly. The purpose of this study is to better our understanding of the relationship between physical function and muscular power, as well as identify the best way to measure each in research and clinical settings. Do I qualify? You must be between 50-70 years of age Must be willing to communicate via email Must be able to understand written and verbal English Must be able to participate in vigorous physical activity, such as jumping, climbing stairs quickly and pedaling a stationary bike as hard as you can, without physician approval Expectations Visit us one time for 135 minutes or less to complete a variety of physical tests related to muscular power and physical function. Benefits of participation You will receive body composition and bone density results following the testing visit. At the completion of the study, you will receive a report with results from the physical function tests with average values for your sex/age when available. How do I sign up? For more information and to see if you qualify, contact Jordan Stroope at jstroope@uark.edu .

Click here to view original web page at news.uark.edu

24K-Production Thesis Aurora Cannabis’ (NASDAQ: ACB ) strategy of prioritizing its global medical-cannabis business while pursuing the premium-priced Canadian consumer market makes sense to cull its operating deficit, I believe, given that medical markets offer stable growth and high margins. With the Canadian medical business stable, I think ACB’s best hope for growth is international medical. The market for legal cannabis across Europe could open up in a big way if Germany follows through on a plan to legalize the drug for adult recreational use. Though German production could increase to help pharmacies meet increased demand, the country still may need to rely on imports for the next few years, which could be a tailwind for sales growth. Moreover, the management also seeks to monetize its intellectual property in genetics and biosynthesis. This multipronged approach to capitalizing on rising global demand for cannabis products — and cost benefits from production efficiencies — are key to near-term financial progress, including a goal to reach a positive adjusted Ebitda. I remain Bullish on the company as I believe ACB has significant topline expansion opportunities ahead of itself. I do not currently have a price target on the company. ACB stock price […]

Click here to view original web page at seekingalpha.com

Western Asset High Income Opportunity Fund Inc. (NYSE: HIO) today announced the financial position of the Fund as of December 31, 2022. Current Q Previous Q Prior Yr Q December 31, 2022 September 30, 2022 December 31, 2021 Total Net Assets $ 410,861,284 $ 401,461,719 $ 506,185,150 NAV Per Share of Common Stock (a) $ 4.32 $ 4.22 $ 5.32 Market Price Per Share $ 3.95 $ 3.68 $ 5.20 Premium / (Discount) (8.56 )% (12.80 )% (2.26 )% Outstanding Shares 95,099,215 95,099,215 95,099,215 Total Net Investment Income (b) $ 8,326,150 $ 8,220,241 $ 7,924,148 Total Net Realized/Unrealized Gain/(Loss) (b) $ 9,632,344 $ (12,308,067 ) $ (11,146,729 ) Net Increase (Decrease) in Net Assets From Operations (b) $ 17,958,494 $ (4,087,826 ) $ (3,222,581 ) Earnings per Common Share Outstanding Total Net Investment Income (b) $ 0.09 $ 0.09 $ 0.08 Total Net Realized/Unrealized Gain/(Loss) (b) $ 0.10 $ (0.13 ) $ (0.12 ) Net Increase (Decrease) in Net Assets From Operations (b) $ 0.19 $ (0.04 ) $ (0.04 ) Undistributed/(Overdistributed) Net Investment Income (c) $ (4,382,751 ) $ (4,149,971 ) $ (4,397,253 ) Undistributed/(Overdistributed) Net Investment Income Per Share (c) $ (0.05 ) $ (0.04 ) $ […]

Click here to view original web page at www.marketscreener.com

Timely Tree Service LLC owner Joe Gougeon shakes hands with Glenn Johnson(WLUC) ESCANABA, Mich. (WLUC) – Upper Peninsula State Bank, a member of the Federal Home Loan Bank of Indianapolis (FHLBI), has helped award the FHLBI’s Elevate Grant Program to small business owner Joe Gougeon. Elevate is a small business grant program that assists the growth and development of small businesses, their workforce, and the communities where they are located. To apply, business owners must partner with a member bank such as Upper Peninsula State Bank. The bank assisted in the process of helping Gougeon apply for and receive the funds. Gougeon received a $20,000 grant to be used for his business Timely Tree Service LLC, a small-scale residential tree care company specializing in trimming and removals by rope access technique. The Elevate funds will be used to purchase a single axle dump truck and outfit it with necessary components. “I was thrilled to partner with Upper Peninsula State Bank as an FHLBI member who could help make this possible for me,” Gougeon said. “These funds towards my business expenditures will be incredibly helpful in improving and expanding operations.” President and CEO of Upper Peninsula State Bank, David Williams, […]

Click here to view original web page at www.uppermichiganssource.com

Experts reveal that by 2027, cloud adoption will be mainstream, with 90% of enterprises implementing some kind of cloud strategy. What’s key is that, in the process, the cloud won’t just be a technology disruptor — it will be a business disruptor. What does this mean for your business? If you don’t tackle the challenges associated with cloud adoption today, you will be at a competitive disadvantage tomorrow. Cloud services can present a huge advantage for organizations pursuing digital and network transformations. Leaders see the cloud as a path to modernize their IT infrastructure, so they can achieve greater flexibility and agility, lower costs of operations, faster time to market, and heightened competitive advantage — just to name a few. However, for each of these major benefits, there’s also an inherent set of obstacles. Let’s break down the benefits and the associated roadblocks that can derail your success: Greater flexibility . Cloud services can be accessed from pretty much anywhere there’s connectivity. However, this user flexibility adds proliferating complexity for the network operations (NetOps) teams responsible for tracking and managing user experiences. Quite simply, instead of managing a single network for an employee base of 10,000, they’re now effectively […]

Click here to view original web page at www.cio.com

GitHub today announced that Copilot for Business, the company’s $19/month enterprise version of its AI-powered code completion tool, is now generally available, after a short beta phase that started last December . Copilot for Business adds features like license management, organization-wide policy management and additional privacy features. Until now, you had to work with GitHub’s sales organization to sign up for the business version, but now there is a self-serve option as well. “[This] effectively completes our v1 Copilot story,” GitHub CEO Thomas Dohmke told me. “We announced the preview in June 2021 — which feels like ages ago — and then had the general availability last summer. Now we are ready to roll it out to organizations, companies, teams, enterprises — really everybody. In fact, we already have more than 400 organizations that are on Copilot for Business at launch and we see tremendous interest.” Image Credits: GitHub GitHub also today announced that Copilot now supports connections over proxy, including those with self-signed certificates, and that its AI-powered Copilot code completion tool is now powered by an improved (OpenAI-powered) model. The team is constantly refining the models and adding new features as they become available in Azure’s OpenAI […]

Click here to view original web page at techcrunch.com

Since its launch in November by San Francisco-based OpenAI, ChatGPT has taken the world by storm. The conversational chatbot can code, write essays, and even function as a search engine, among other tasks. But this isn’t some futuristic vision of what ChatGPT will do. The business world has already bought in when it comes to AI in general, and ChatGPT in particular. “It can create anything that we thought thus far was unique to human intelligence or creativity, whether that is interacting with us in a chatbot form, whether that is generating new content, whether it’s images, video,” Nina Schick, adviser, speaker, and A.I. thought leader, recently told Yahoo Finance. Some practical, real world impacts—and caveats—by industry: Health Care Even before ChatGPT’s release, the healthcare industry was already using chatbots to schedule appointments and assess symptoms. The advent of OpenAI’s sophisticated new bot is expected to accelerate that trend, said Yair Lewis, MD, PHD, SVP of Medical at Navina. "Generative models have the potential to perform a vast range of tasks in healthcare," he told Yahoo Finance. "They can revolutionize the way patients and clinicians interact and access information; they can provide up-to-date medical information; support clinical decision-making; and […]

Click here to view original web page at finance.yahoo.com

This story has been updated to include a statement from Louis Vuitton CEO Pietro Beccari and comments from industry commentators/observers. Multi-hyphenate musician and entrepreneur Pharrell Williams will become Louis Vuitton’s next artistic director of menswear, the brand confirmed on Tuesday, following a Wall Street Journal report. His first collection for Louis Vuitton will be revealed this June during men’s fashion week in Paris. “I am glad to welcome Pharrell back home, after our collaborations in 2004 and in 2008 for Louis Vuitton, as our new men’s creative director. His creative vision beyond fashion will undoubtedly lead Louis Vuitton towards a new and very exciting chapter,” Louis Vuitton chairman and CEO Pietro Beccari said in a statement. It marks his first big decision since he took the helm of the world’s largest luxury brand on 1 February, succeeding outgoing chairman and CEO Michael Burke. The appointment fills one of fashion’s most high-profile vacancies, open since Virgil Abloh died in November 2021. A flurry of names have been touted for the position, including designers Martine Rose, Grace Wales Bonner, Samuel Ross and Jonathan Anderson. KidSuper founder Colm Dillane is also thought to be in the running, having participated in the creation […]

Click here to view original web page at www.voguebusiness.com