ESSEX, NY – Since 1991, CFES Brilliant Pathways has created innovative ways to help underserved students prepare for college and careers. In honor of her 31st birthday, the global non-profit organization is launching 31 for 31 – a series of virtual college tours that show students campuses they might not otherwise experience.
CFES, mirroring ESPN's Emmy Award-winning documentary series 30 for 30, spans 31 colleges and universities across the country. Virtual tours include video messages from college presidents and directors of admissions, financial aid professionals, students and faculty from the academic, cultural and social centers on campus.
"As Covid-19 hit, we switched to a virtual format to reach as many students as possible," said CFES President Rick Dalton. "While we have physically returned to our local schools, we have maintained and enhanced our high-impact virtual offerings, which are highlighted in '31 for 31'."
The new series represents a broad spectrum of colleges across 15 states, including two-year community colleges, small private institutions, and large public institutions such as Ohio State University. The tour kicked off near CFES headquarters at North Country Community College in Saranac Lake, NY, followed by live tours of Texas A&M University – Corpus Christi and the University of Vermont on October 12th by Associate Director Brian Gomez '21. Admissions and second admissions Intern Charlotte Singer.
This spring, the University of Wyoming is offering a new TikiTok video tour that offers students a college view of the beautiful Laramie campus. Located in the beautiful Kaimuki neighborhood of Honolulu, Chaminade University offers diverse academic offerings and stunning campus views near Waikiki Beach.
CFES continues its tradition of taking students on personal visits to the 200 K-12 schools it serves. For a full list of virtual tours and how to access them, visit the CFES Special Events page. Schools interested in participating in the CFES can apply here.
Vontobel Holding Ltd. sold its interest to Exact Sciences Co. (NASDAQ: EXAS – Get Rating ) by 25.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,851 shares of the medical research company’s stock after acquiring an additional 5,621 shares during the period. Vontobel Holding AG's holdings in Exact Sciences were worth $1,130,000 at the end of the most recent reporting period.
Other hedge funds have also modified their holdings of the company. Capital Advisory Group Advisory Services LLC acquired a new position in shares of Exact Sciences in the first quarter worth about $37,000. Trustcore Financial Services LLC acquired a new stake in Exact Sciences in the first quarter valued at about $41,000. Koshinski Asset Management Inc. grew its position in Exact Sciences by 45.5% in the first quarter. Koshinski Asset Management Inc. now owns 640 shares of the medical research company’s stock valued at $45,000 after buying an additional 200 shares in the last quarter. Elequin Capital LP acquired a new stake in Exact Sciences during the first quarter worth about $46,000. Finally, in the second quarter, Ellevest Inc. It increased its positions in the field of exact sciences by 103.6%. Now Ellevest Inc. now owns 682 shares of the medical research company’s stock valued at $27,000 after purchasing an additional 347 shares in the last quarter. 90.95% of shares are owned by institutional investors and hedge funds.
Preferential buying and selling
In related news, director Catherine S. Zanotti sold 4,608 shares of the business’s stock in a transaction on Tuesday, July 26th. Shares traded at an average price of $45.14, for a total of $208,005.12. Following the sale, the director now owns 60,318 shares in the company, valued at approximately $2,722,754.52. The sale was announced in a filing with the Securities and Exchange Commission, available at this link. In related news, director Catherine S. Zanotti sold 4,608 shares of the business’s stock in a transaction on Tuesday, July 26th. Shares traded at an average price of $45.14, for a total of $208,005.12. Following the sale, the director now owns 60,318 shares in the company, valued at approximately $2,722,754.52. The sale was announced in a filing with the Securities and Exchange Commission, available at this link. Also, insider Everett Cunningham sold 16,872 shares of Exact Sciences stock in a transaction dated Wednesday, October 12th. Shares were sold at an average price of $31.37, for a total of $529,274.64. Following the completion of the sale, the insider now directly owns 18,654 shares of the company's stock, valued at approximately $585,175.98. Information on this sale can be found here. Currently, 1.30% of shares are owned by insiders.
Analysts have set new pricing benchmarks
A number of equities research analysts recently commented on the company. BTIG Research reduced their price objective on Exact Sciences to $70.00 from $100.00 and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Credit Suisse Group assumed coverage on Exact Sciences in a research report on Wednesday, August 24th. They assigned an “outperform” rating and a $55.00 target price on the stock. Benchmark decreased their target price on Exact Sciences to $54.00 in a research report on Tuesday, August 9th. Raymond James decreased their target price on Exact Sciences to $70.00 from $80.00 and gave the stock an “outperform” rating in a research report on Wednesday, August 3rd. Finally, Robert W. Baird decreased their price objective on Exact Sciences to $75.00 from $90.00 and gave the stock an outperform rating in a research report on Wednesday, August 3rd. Three research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Moderate Buy” and a consensus target price of $69.14, according to MarketBeat .
Shares of Exact Sciences fell 3.8%
NASDAQ:EXAS opened at $30.42 on Friday. Exact Sciences Co. has a 12-month low of $29.27 and a 12-month high of $104.50. The company has a quick ratio of 2.23, a current ratio of 2.48, and a debt-to-equity ratio of 0.70. The company has a market cap of $5.38 billion, a p/e of -7.19 and a beta of 1.34. The 50 day simple moving average is $37.41 and the 200 day simple moving average is $47.05.
Exact Sciences (NASDAQ: EXAS – Get Rating ) last posted its quarterly earnings results on Tuesday, August 2nd. The medical research company reported ($0.94) earnings per share (EPS) for the quarter, beating the consensus estimate of ($1.07) by $0.13. Exact Sciences had a negative return on equity of 22.07% and a negative net margin of 37.90%. The company reported revenue of $521.64 million for the quarter, compared to analyst estimates of $496.75 million. Stock analysts expect Exact Sciences Co. Earnings per share for the reporting year is -4.22.
Accurate academic profile
(evaluate)
Exact Sciences Corporation provides cancer screening products and diagnostic tests in the United States and internationally. The company offers Cologuard, a noninvasive stool-based DNA screening test for the detection of DNA and hemoglobin biomarkers associated with colorectal cancer and precancerous lesions. It also offers Oncotype DX, a gene expression test for breast, prostate and colon cancers; Oncotype testing, a tissue analysis that creates a tumor profile to help guide therapy choices for patients with advanced, metastatic, refractory, or relapsed cancer; Oncotype DX AR-V7 Nucleus Detect Test, a liquid test for advanced prostate cancer; Oncomap ExTra, which provides a complete biological picture of certain refractory, rare or aggressive tumors; and COVID-19 testing services.
Further reading
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A recent report indicated that the pandemic will further boost employment.
Maine, United States. The pandemic has fueled Maine's life sciences jobs for the past five years.
The Maine Biosciences Association says 1,600 jobs will be added between 2020 and 2021 alone as more companies respond to growing demand for Covid-19 diagnostic tests and equipment.
The association's latest report lists more than 9,500 jobs at nearly 500 companies, the fastest growth in all of New England, including Massachusetts.
"We've seen a 42 percent increase in the last five years and a 48 percent increase in the last ten years," said Agnieszka Carpenter, executive director of the Maine Bioscience Association.
During the outbreak, life sciences companies including Puritan and Abbott increased production of COVID-19 tests and swabs. IDEXX, Maine's largest life sciences employer, has added hundreds of new non-pandemic jobs. Carpenter said more distant events could continue the momentum.
"I think we're really well positioned to bring startups here," added Carpenter, a place that attracts talented entrepreneurs.
"We're both from Maine, we want to live in Maine," says Wayne McCarthy, founder of digital health startup MedRhythms.
UMaine alumni McCarthy and Brian Harris moved their company from Boston to Portland six years ago. The company has developed a therapeutic software tool to help stroke patients improve their mobility.
Patients attach sensors to their shoes, put on headphones and learn to listen to acoustic beats or music, and try to adjust their feet to improve their gait over time.
“They think they're listening to music and the rhythm changes in the background and we add something to improve their steps,” McCarthy explained.
Digital therapy, which has not yet been approved by the Food and Drug Administration, requires a prescription but allows patients to improve their mobility at home. The company has grown to 40 employees, and McCarthy said Maine continues to attract additional skilled workers from Boston and other metropolitan areas.
“This talent is spreading out and building things and people are setting up offices,” McCarthy enthuses.
In the near future, MedRhythms will be researching people with multiple sclerosis. Any MS patient who wants to get involved can contact MedRhythms directly at [email protected] or fill out the "Contact Us" form on the company's website.
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I-Team: Hidden cameras show the dark side of solar energy
Two anglers at the center of a scandal that rocked the sport fishing world last month were indicted on multiple felony charges, accused of filling their catches with metal ballast to win tens of thousands of tournament prizes in Ohio. the dollar
Jacob Runyan, 42, and Chase Kaminsky, 35, were charged in Cleveland with computer fraud, attempted robbery, possession of criminal equipment, and illegal detention of wild animals. They face up to one year in prison and a $ 2,500 fine for each of three counts. This offense is punishable by up to 30 days in prison and a $ 250 fine.
"I take all crimes very seriously and I think what these two men are trying to do is not only shameful but criminal," Cuyahoga County District Attorney Michael O'Malley said Wednesday.
Both Runyan, who lives in Ashtabula, Ohio, and Kominsky, of Hermitage, Pennsylvania, did not immediately respond to the Washington Post's request for comment. The court records do not list a lawyer for the man.
The allegations stem from the September 30 Lake Erie walleye tournament finals, when about 65 two-man teams tried for eight hours to land the five heaviest walleyes in the Great Lakes. Runyan and Kominsky, who were part of the team, appeared to win the event in Cleveland, landing five fish weighing around 34 pounds. The catch would also earn Team of the Year honors and nearly $ 30,000 by winning three more championships in June, July and September.
But tournament director Jason Fisher told The Post he had his doubts when Runyan and Kominsky's catch was officially weighed and tipped the scales at 30 pounds. Looking at the intake, Fisher estimated that the five fish weighed around 20 pounds.
"It messed me up a bit because I knew it wasn't fair," Fisher told The Post.
Working on his hump, Fisher caught one of the fish and felt something hard in his stomach. Then he opened the dead wall and made a startling discovery.
"We have fish scales." Fisher yelled, pulling out one of 10 seven-pound weights that would go into the socket. He also found some slices, another fish meat used to seal the entrance. They were later found to be in illegal possession of the animal, which could have resulted in the suspension of Runyan and Kominsky's fishing licenses, according to a press release from the Cuyahoga County Attorney's Office.
With Runyan flushed just yards away, Fisher suddenly disqualified him and Kominsky, according to the video from the September 30 event that Fisher shared with The Post.
"To go." The tournament director barked, using a yell to make his point.
In a video posted to the tournament's Facebook page last week, Fisher told viewers he was disgusted by what he found, calling it "one of the most unscrupulous acts the fishing world has ever seen."
"Personally, I've never seen anything like it in competitive fishing," Fisher said, adding, "The people involved seem to have put greed and ego above all else, and it tarnishes our sport for always".
According to the investigation, Runyan and Kominsky were accused of cheating in another tournament in northwestern Ohio in April, according to the Associated Press. Police investigated the allegations, but the local prosecutor ruled that the men had committed fraud, but there was not enough evidence to charge them, AP reported.
After Runyan and Kominsky were disqualified, tournament organizers contacted the Ohio Department of Natural Resources, spokeswoman Stephanie O'Grady told The Post earlier this month. Wildlife agents responded to the scene, gathered evidence, and began working on a report for the Cuyahoga County Attorney's Office.
Pennsylvania authorities seized Cominksy's boat, the fiberglass model Ranger Pro Fisherman he used in a competition on Sept. 30, from his home on Tuesday, prosecutors said.
Runyan and Kominsky will appear before the Cuyahoga County Criminal Court on October 26.
Cleveland Fishing Tournament Cheats Update. The Ohio Department of Wildlife needs to investigate
Workers seem to be moving out of traditional offices, crowded labs and research buildings as life science jobs reach new heights.A new report fromCushman & Wakefieldshows how U.S. life sciences employment has grown rapidly and doubled over the past 10 years.
According to the Life Sciences Market Survey, the employment rate for scientists and laboratory users during this period exceeded the overall employment rate with an annual growth rate of 6.6%. By comparison, the total annual employment growth rate is only 1.2%.
According to Cushman & Wakefield, this shows that the sector is well positioned to overcome the uncertainty caused by the economic downturn. Indeed, life sciences employment has not declined during the pandemic, with annual job growth of 11.4% in 2021 and 14.5% in June 2022.
Jobs in life sciences have also doubled to pandemic levels. As of August this year, there were a total of 413,120 job offers in the life sciences sector, up 28% over the same period last year.
"The increase in demand for workers in the life sciences sector reflects an increase in lab space as employers try to meet the needs of this growing industry," C&W's Sandy Romero said . “Projects currently under construction in the United States are expected to add an additional 26.6 million square feet of lab space to existing inventory. These brand new state-of-the-art facilities in key markets will be home to the next generation of talent and innovation in the life sciences.”
The San Francisco Bay Area and Boston have two of the largest job bases and the largest list of labs. Boston is home to the largest construction company with 13.9 million square feet of building space, representing 43% of Boston's current lab inventory. For projects expected to be completed in 2022, 60 percent of the space has been vacated.
About 19.9 million square feet of life sciences construction, or 74% of current construction volume, is expected to be completed in the US by the end of 2023. After Boston, the largest pipelines are in San Diego, at 3.7 million square feet; San Francisco 3.5 million square feet; Seattle with 1.5 million square feet; and Los Angeles at 1.4 million square feet.
Although laboratory development in New York City is still in its infancy, thanks to its large research institutions, includingWeill Cornell Medicine , it has one of the nation's largest staffs of life science specialists. ,NYU LangoneandMemorial Sloan Kettering. According to Cushman and Wakefield.Taconic Partnerswill add more spacewith a 325,000-square-foot redevelopment of 345 Park Avenue South and a399,000- square-foot redevelopment of 125 West End Avenue in Deerfield.
“After unprecedented investment, expansion and innovation in 2021, the life sciences industry is poised for continued growth and strong demand in the coming years,” said C&W's Jason D'Orlando. “Over the past seven years, the life sciences sector has grown significantly and the fundamentals remain strong. We expect the life sciences sector to continue to perform well in the coming years.”
In the first half of 2022, National Life Sciences' leasing business totaled 7.2 million square feet. The three most active markets in the first half were San Diego, Boston and the Bay Area. Asking rent in the US is up 67% this year compared to 2015, and inventory is up 29% in markets monitored by Cushman & Wakefield.
While its track record looks solid, the life sciences sector is not immune to broader economic factors such as inflation, high interest rates and tightening capital markets. While rental demand in some markets has continued to rise since the end of the year, including double-digit growth in Seattle with increases of 27.2% and 31.3% in San Diego, some markets have slowed, including Boston and the Bay Area, where rentals decreased. The decrease was 4.5 percent and 3.3 percent, respectively.
Lisa Calderon, a public figure and leader on the left in Denver politics, has announced her second run for mayor in 2023.
Calderon will submit his candidacy documents for the next municipal elections in April.
Calderon, currently executive director of Emerge Colorado, the local chapter of Emerge Colorado, a national organization dedicated to recruiting and training Democratic women to run for public office, is running for mayor in 2019. She ran for public office for the first time. He finished third behind Michael Hancock and Mayor Jamie Gillis.
Calderon, a black Latina, is running for re-election and told The Denver Post earlier this year that her main goal is to elect a woman of color as Denver mayor.
"If there is someone who has a great chance and reflects my values, it's not about me," he said then.
A poll conducted this summer by Emerge Colorado found that 60% of voters believe it is important to elect more women to political office.
Calderon now joins an already packed field of candidates that includes City Councilwoman Debbie Ortega, former president and chief executive officer of the Metro Denver Chamber of Commerce, Colorado State Rep. Leslie Herods and Kelly Brough.
"I am not a term-limited politician and I am not part of the Denver political machine," Calderon said in a statement. Despite the pandemic, I have fought for working families, affordable housing, safe communities, civil rights, and reproductive liberties that threaten our democracy.
The fourth-generation Denver resident frequently clashed with Hancock and some members of his cabinet during his three terms as mayor, including former top City Council staffer Kandi Sidebaka. . He was a key member of the Task Force on Rethinking Community Policing and Safety, a group that issued 112 recommendations last year to improve how the city enforces the law. Those recommendations include ending strip searches of the homeless, creating safe drug use zones and reducing unnecessary police contact with residents.
In the year, He said that one of the cornerstones of Calderon's platform for the 2023 race is to restore trust in public institutions after deep political polarization and economic turmoil.
He laid out a vision for a Denver where we can invest in more affordable housing while preserving green spaces, where mental health services are available on demand, and where all neighborhoods are safe and accessible for pedestrians and people with disabilities.
"If we reimagine Denver, we can change how city government works and how the public perceives it," he said in a statement.
The company is led by Sarah Lake, who led the successful Ion the Arena bond campaign last fall to win a $190 million pledge to build a new arena and finance other projects on National Western's campus.
Calderon, Oct. 22 from 2 to 4 p.m. at the Whittier Cafe, 1710 E. 25th Ave. He plans to make a company presentation.
EXCLUSIVE : After 15 years at Charles Roven's Atlas Entertainment, where he served as Executive Vice President, producer Andy Horvitz is leaving to found Big Swell Entertainment, a production group that aims to be home to the next generation of young people. , artisans and storytellers.
Big Swell aims to take a different approach from the traditional production company model, allowing producers to work independently under the Big Swell banner and encouraging a collaborative and collaborative approach with all creators involved. Horwitz is currently assembling his team, having already put together a solid list of projects in various stages.
Horvitz supports Mountaintop Productions, a Tel Aviv-based production company founded by Hezi and Omri Bezalel. In partnership with Bezalels, Big Swell plans to use Mountaintop's relationship between Israeli and European content companies to bridge the gap between the region and Hollywood.
“The last 15 years at Atlas have been an unforgettable experience,” Horwitz said. “Chuck Rowan is one of Hollywood's most successful and accomplished producers, a titan of the industry, and I can't wait to use the valuable skills and experience he has given me to create content of all shapes and sizes for the next generation. The prize is winning stories and talent, especially relationships.”
“I am very proud and happy for Andy, who has been an invaluable member of Atlas during his time here,” said Rowan. "I'm very happy that he made his dream come true and started his own company."
Horvitz brought to Big Swell a deep creative relationship and extensive experience navigating the Hollywood landscape, working primarily in the studio system where he helped create films from concept to release. During his tenure at Atlas, the company produced four of the 100 biggest films of all time, which collectively grossed nearly $10 trillion.
In 2019, Horwitz's JC Chander's Triple Frontier, starring Ben Affleck, Oscar Isaac, Charlie Hunnam, Gareth Hedlund and Pedro Pascal, premiered on Netflix on March 6, 2019 and began streaming on 13th Specter. million accounts and over 120 million people in the first four weeks.
Horwitz previously produced David Ayer's DC Suicide Squad, which stars Will Smith, Margot Robbie, Jared Leto, Joy Courtney, Joel Kinnaman, Cara Delevingne and Viola Davis. it was a big story with $135.1 million across the country. The film topped the box office in its second and third weeks, earning over $745 million worldwide. During the production of The Suicide Squad, Horvitz created and directed an exciting virtual reality project that, upon completion, led to a multi-million dollar advertising and marketing deal with Samsung.
Horwitz also produced Vertical Entertainment's The Hollow Point starring Patrick Wilson, Ian McShane, Jim Belushi and John Leguizamo and premiered William Monaghan's Mojave A24 for Oscar Isaac and Garrett Hedlund for Atlas Independent.
In 2013, David O. Russell co-produced American Hustle, starring Christian Bale, Bradley Cooper, Amy Adams, Jeremy Renner and Jennifer Lawrence, which was nominated for 10 Oscars and won three Golden Globes. ”, including the number one award for best film. . Three BAFTAs and multiple critical acclaim. American Hustle was the highest-grossing hit of 2013 and has since grossed over $250 million worldwide.
Horwitz is represented by the Independent Film Group UTA, and Richard Thompson is represented by Brechen Feldman Braymar.
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Tim Cisneros' phone rings; It was a real estate agent friend who asked for help with a building that was almost impossible to sell.
It was the Church of the Savior in the East End, a bare reinforced concrete structure in need of big ideas. It had no windows, little parking, and was riddled with break-ins.
Cisneros, principal of Cisneros Design Studio Architects, had previously collaborated with developer Mir Azizi of Caspian Enterprises on a project to convert the former Waddell Furniture warehouse into what are now Sampson Lofts apartments, and quickly realized that the building it had potential. But first he has to get a rabbit out of the hat, dodging the city's demands and structural problems.
It is now known as Sanctuary, an affordable apartment community that opened in March. It was fully booked at the end of April. It is one of four properties on Eastwood's Historic Homes Tour 2022 this weekend.
Then there's Ironworks, a mixed-use development on the former Cameron Iron Works site in Milby, also two houses built in 1935, one on Dumble Street and one on Woodleigh Street. For the tour, the sanctuary will open four units: a choir, a gym, a row house and another unit in the school building.
The current sanctuary began life in 1919 as Eastwood Community Church, intended to be the spiritual heart of Eastwood, a neighborhood developed by William Wilson, who had founded Woodland Heights a decade earlier. To date, Eastwood boasts the most intact collection of crafts, arts and crafts, Foursquare and Mission-style architecture in the city.
The late Tom Tellepsen was a member of the church and his Tellepsen Construction, a still major contractor in Houston today, built a series of three church-owned structures built in 1919, 1930, and 1951.
The church and its members have endured two world wars, the Great Depression, and the Korean and Vietnam wars. In the 1960s and 1970s, social unrest hit the congregation, which was later renamed Church of the Redeemer. They opened a café ministry that attracted college students and adopted an informal music-based worship style on Friday nights, keeping Sunday services more traditional. Young adults were placed in households where people lived as extended families and shared expenses, while conscientious objectors were forced to work in medical clinics.
Its pastor, the Reverend Graham Pulkingham, came to national attention as a pioneer of the church's charismatic movement, taking him on a tour and touring the UK to spread this new vision for the church. However, when he left, the remaining elders were unable to hold the church together and its membership began to decline.
More than a decade ago, with just 70 members and a long list of needed repairs, the Episcopal diocese closed it down and put the property up for sale. In 2017, Cisneros convinced Aziz to buy the church property to build rental housing in Eastwood. It was completed earlier this year, with 45 units ranging from 387 to 1,211 square feet and rents from $1,000 to $1,950.
“A project like this starts with a very adventurous client who has a vision. Dreamers and visionaries tackle projects like this,” said Cisneros. "It's a good example of how old, empty buildings can be converted into housing in the event of a housing shortage."
His problems were apparent from the start. A sanctuary with a sloping floor would have been perfect for a small concert hall, but even after demolishing a dilapidated sanctuary, there would still not be enough space to meet city code requirements for parking.
“A building like this can be many things, a café/concert venue like the Heights, but we have to have 75 percent neighborhood agreement and that can be difficult,” Cisneros said. "It could be a big library for the school next door, a daycare, any number of things, but they're limited by lack of parking or parking efficiency."
One way to counter this was to gain historic status for the structure by acknowledging the church's place in the centennial neighborhood. If they can convince planners and the historical commission, they can reduce parking requirements by 40 percent.
Cisneros said smaller units and lower rents will support changes in social lifestyles now: Renters are likely to be young professionals and college students who don't necessarily have cars, reducing the need for street parking. . They ride a bike, use the subway or use carpooling services.
Navigating city standards, Cisneros designs a variety of apartments in various buildings, from small studios to lofts and townhomes.
He said he learned a lot from the Sampson Lofts project, which provided insight into the needs of smaller apartments. Since Covid, he said, people are willing to live in smaller spaces to avoid not having roommates and being alone.
Since its inauguration, many people have stopped to take a look at the sanctuary, curious to see what their old church looks like now. Some of the church's artifacts have been appreciated elsewhere, as Aziz donated religious artwork, including his prized "Christ the Worker" mural by artist John William Orth, and other artwork for use in churches.
LITTLETON, Colo., Oct. 13 (Reuters) – Much of the energy transition debate has focused on electrifying car fleets and using more renewable energy in power generation, regardless of how the leading energy industry will run. world economy, coal.
If rapid and sustainable reductions in fossil fuel emissions are to be achieved worldwide, such major sources of employment, tax revenues and national wealth must not only be at the forefront, but also play a major role in accelerating the transition. Low carbon economy. .
According to the International Energy Agency (IEA), industry accounts for 29% of global energy consumption and a quarter of emissions, which has significant potential for global energy transition efforts.
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But because of the marginal nature of manufacturing and producing energy-intensive intermediate goods such as cement, chemicals and metals, industry tends to resist changes that erode profits.
The picture is further complicated by the uneven rate of industrial development across countries and around the world, making it impossible to decide whether and when the industry as a whole will finally be ready for the fossil fuel transition.
But the three major industrial economies, China, Germany and the United States, are each undergoing dramatic energy-saving reforms that are reshaping their industrial scenarios and driving greater change around the world.
Coal factory floor
Any industry discussion should include China, the world's largest producer and exporter of goods.
It has representatives from all types of industries at all levels of complexity, from very large manufacturers, from machinery, metals and electronics to ceramics, batteries and toys.
Industry is the backbone of China's economy, accounting for about half of total energy consumption and about a quarter of employment, according to IEA and World Bank statistics.
Therefore, other countries looking to develop their manufacturing bases turn to China for guidance, especially on how to reduce energy consumption and emissions.
Coal remains China's main industrial energy source, accounting for 43% of the sector's total energy supply in 2019, according to IEA data.
That's down from more than 60% in 2010, but coal's share is expected to fall further as Beijing pursues aggressive pollution reduction measures.
A third of China's industry is off the grid, up from 22% in 2010, and rapid electrification of manufacturers and factories is expected.
Natural gas In 2019, industrial power increased from 4% to 9% in 2015 and is expected to grow rapidly until Russia invades Ukraine this year.
China is still expected to use natural gas for power generation, but unless Beijing steps in with subsidies or fuel quotas it has used in the past, the cost-cutting industry could slow the switch from coal to gas.
Particularly for industry, Beijing is expected to rapidly expand its renewable energy supply, strengthen its position as a world leader in green energy, and ensure the long-term competitiveness of its operations.
With the proposed pioneering use of hydrogen as an industrial energy fuel, this will benefit Chinese manufacturers and help China become a leader in industrial decarbonization capabilities that can be deployed on a large scale in Asia.
Restarting the European economic engine
Germany also said it was at the forefront of carbon emissions, or until the Russo-Ukrainian war crippled the country's manufacturing base, sending electricity prices to record highs this year.
But the energy crisis has prompted the country's governments and industry leaders to accelerate a comprehensive energy transition strategy that will build the country's LNG import terminal in record time and dramatically increase domestic renewable energy supplies.
As a result, German industry, which accounted for 25% of Germany's total energy consumption in 2019, could switch from natural gas and external power grids to mostly electricity in much the same way.
If the country's major automakers and industry leaders can secure a technological and competitive advantage, other European manufacturers are likely to follow suit.
american dream
With the inflation adjustment (IRA) just introduced, American companies will be motivated to implement energy-efficient technologies en masse in the years to come, just as the country's power plants offer more renewable options. Read more
If both trends go as officials expect, US producers will benefit from lower energy costs and the creation of additional industries linked to the broader global energy transition, another core component of the IRA.
Throughout the year, industry accounted for 17% of total energy consumption in the US economy in 2019.
But large government funding and generous corporate incentives to reduce carbon emissions will help the United States become a world leader in helping many industrial economies chart a path to emission reductions.
The opinions expressed here are those of the author's Reuters columnist.
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Report by Gavin Maguire; Edited by Tom Hogg.
Our standard. Thomson Reuters Trust Principles.
Opinions expressed are those of the author. They do not reflect the views of Reuters News, which is committed to integrity, independence and impartiality based on the principles of integrity.
EXCLUSIVE . Roundtable Entertainment, a multi-platform content production, financing and distribution company, has entered into a strategic partnership with Slated, which will present a curated selection of independent films for production through the online film packaging, financing and distribution platform Roundtable.
The partnership is a major milestone for Slated, as it becomes the first online film marketplace to sign a deal to stream its projects. This will allow Slate to benefit from The Roundtable's funding and distribution expertise, and The Roundtable from Slated's content pipeline and AI-powered project ranking system. The deal was brokered by Round Table's Griffin Hmelich as part of a broader distribution play.
There is no more deadline
The partnership's first feature is the dark thriller Shallows , starring Reed Miller ( Joe Bell ). Peak is a survival story centered around Bo (Reed), a teenager trapped in a swimming pool vent near an isolated desert home and battling hallucinations of his traumatic past in an attempt to survive. Noah Dorsey will direct from his script and produce with Will Wernick and Randy Kulina. Slated's Jay Burnley will pitch 10 films with Cinedigm, starting production this fall on the recently announced $15 million thriller in Los Angeles, with Roundtable's John Baldecci, Dominic Gianno, Gmelik and Sarah Donnelly producing:
Filmmakers interested in participating in Slate's production deal with Slate's Roundtable and Executive Producer Program can register with Slate and publish their projects for free using access to Slate's script and financial analysis.
Round Table is committed to partnering with Slated to produce and distribute high-quality independent films," said Dominique Jeaneau, Round Table President and CEO. "Our partnership will leverage the best that both companies have to offer, providing The Round Table with a steady stream of carefully selected films, many of which will be eligible for national distribution through our Cinedigm Thriller."
"Slate is proud to be at the forefront of breaking down barriers for independent filmmakers," said Anne Nguyen, CEO of Slate. "We're excited to partner with the Roundtable to fund and distribute even more high-quality films than Slate."
In addition to Shallow End , Roundtable Entertainment will present the thrillers Mother , All My Friends Die (directed by Marcus Dunstan) and Mystery (directed by Gary Fleder ) this year. The company is also developing a number of unscripted projects for television, including cooking and talk show EAT starring Gavin Rossdale .
Projected Film Market uses advanced data analytics, packaging tools and a custom scoring system to identify credible submissions and connect these projects with its active investor community. Among the films that will come to the list are Killing Room with Uma Thurman and Samuel L. Jackson; " Trill " with Alex Roe and Susie Bacon; The Inventor with Marion Cotillard and Daisy Ridley; and "Our son" with Billy Porter and Luke Evans in the main roles, all of them were co-financed as part of the Slated Executive Producer Program, which supports high-level projects.
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Vontobel Holding Ltd. sold its interest to Exact Sciences Co. (NASDAQ: EXAS – Get Rating ) by 25.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 27,851 shares of the medical research company’s stock after acquiring an additional 5,621 shares during the period. Vontobel Holding AG's holdings in Exact Sciences were worth $1,130,000 at the end of the most recent reporting period.
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