Latest news with #MarkWhite
Business Upturn
18-07-2025
- Business
- Business Upturn
FOXO TECHNOLOGIES INC. ANNOUNCES INTENTION TO SPIN OFF EPIGENETICS SUBSIDIARY
WEST PALM BEACH, FLORIDA, July 18, 2025 (GLOBE NEWSWIRE) — FOXO Technologies Inc. (NYSE American: FOXO) ('FOXO' or the 'Company'), today announced that its Board of Directors has approved pursuing the spin-off of its FOXO Labs, Inc. subsidiary that is focused on the development of its epigenetics business Our Epigenetics subsidiary has been serving as a pioneer in the development and integration of epigenetic biomarkers into state-of-the-art underwriting protocols and consumer engagement tools and owns Patent No. 11,817,214 titled 'Machine Learning Model Trained to Determine a Biochemical State and/or Medical Condition Using DNA Epigenetic Data. Epigenetic technology has been proven to provide health, lifestyle, and longevity insights that have never before been accessible to humans—from just a single saliva sample. Using saliva-based epigenetic biomarkers, we're eliminating the need for invasive blood and urine collection, allowing us to provide scientists with advanced epigenetic testing services and bioinformatics tools that support ground-breaking research. 'We are creating the ultimate health, fitness, and longevity coach leveraging our cutting-edge patented epigenetic analysis and a new proprietary AI model to deliver a deeply personalized coaching experience. Our AI coach first utilizes existing wellness data from wearable's to offer hyper personalized foundational lifestyle guidance. Then, through unlocking deeper epigenetic analyses, we take a web of complex biological data and simplify it into an easily actionable plan to completely transform people's journeys in health and wellness', said Mark White, Chief Executive Officer of FOXO Labs, Inc. 'We believe spinning this business off creates the best opportunity to deliver our business strategy and create value for FOXO and its shareholders.' 'We believe FOXO Labs, Inc., is an exciting opportunity to build a subscription-based revenue model for personal health and longevity,' said Seamus Lagan, Chief Executive Officer of FOXO Technologies, Inc. 'We believe a spin off whereby FOXO shareholders benefit from directly owning FOXO Labs, Inc. and by FOXO Technologies, Inc., retaining some ownership in the spun off Company, is a strategy that facilitates a simplified business model for each entity. We look forward to delivering this spin off as soon as practical.' About FOXO Technologies Inc. ('FOXO') FOXO owns and operates three subsidiaries. Rennova Community Health, Inc., owns and operates Scott County Community Hospital, Inc. (d/b/a Big South Fork Medical Center), a critical access designated (CAH) hospital located in East Tennessee. Myrtle Recovery Centers, Inc., a 30-bed behavioral health facility in East Tennessee. Myrtle provides inpatient services for detox and residential treatment and outpatient services for MAT and OBOT Programs. FOXO Labs, Inc. is a biotechnology company dedicated to improving human health and life span through the development of cutting-edge technology and product solutions for various industries. For more information about FOXO, visit This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations of offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended ('Securities Act'). This announcement is being issued in accordance with Rule 135 under the Securities Act. Forward-Looking Statements This press release contains forward-looking statements. These statements are made under the 'safe harbor' provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the FOXO's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. These factors include, but are not limited to the risk of changes in the competitive and highly regulated industries in which FOXO operates; variations in operating performance across competitors or changes in laws and regulations affecting FOXO's businesses; the ability to implement FOXO's business plans, forecasts, and other expectations; the ability to obtain financing; the risk that FOXO has a history of losses and may not achieve or maintain profitability in the future; the enforceability of FOXO's intellectual property, including its patents and the potential infringement on the intellectual property rights of others; and the risk of downturns and a changing regulatory landscape in the highly competitive markets or industries in which FOXO operates. The foregoing list of factors is not exhaustive. Readers should carefully consider the foregoing factors and the other risks and uncertainties discussed in FOXO's most recent reports on Forms 10-K and 10-Q, particularly the 'Risk Factors' sections of those reports, and in other documents FOXO has filed, or will file, with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and FOXO assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Contact: Sebastien Sainsbury [email protected] (561) 485-0151 Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
CBC
15-07-2025
- General
- CBC
It's grind and patch season in St. John's. Here's what goes into road rehab
With road construction well underway across the St. John's region, navigating can sometimes feel like an obstacle course. But what goes into the decision of what roads get worked on, and why does the City of St. John's take a grind and patch approach to fixing roads? We asked Mark White, the city's manager of construction engineering.
Irish Examiner
04-07-2025
- Sport
- Irish Examiner
Padel tennis: how the world's fastest-growing sport serves up fun and exercise
Padel tennis is the fastest-growing sport globally. Over 30 million people play the game worldwide, and the number is growing at a rate of approximately five million per year. Here in Ireland, its popularity is also on the rise. Although there aren't exact figures, the governing body, Padel Federation of Ireland, says the number of players is in the 'considerable thousands'. With all the buzz about padel, I had to go and check it out. The facility, Padel Tennis Ireland in Carrigtwohill, Co Cork, is packed on the Wednesday evening I attend, with all courts booked solid. Getting a court meant I had to book weeks in advance. Co-founder Mark White says some 2,200 people play padel there every week. Padel is played as a doubles game, so I recruited three friends to join me; only one of us had played before. As a badminton player, I thought I might have an advantage, but it's a completely different game, though the strategy involved is similar. A padel court is smaller than a tennis court and is surrounded by glass walls and topped with a metal 'cage'. Padel has been described as a cross between tennis and squash. You use the tennis scoring system, so the games are generally quick. As non-players, we were surprised how quickly we went from complete novices to passable beginners. After a slow start, the rallies became more competitive, and we eventually got the hang of the glass walls. Similar to squash, you can let the padel ball (slightly smaller and less firm than a tennis ball) bounce off the walls, but only after it has bounced once on your side of the court. This adds an extra layer of fun as we begin to box our opponents into the glass corners. The social aspect of the game is one of its hallmarks. TV and radio presenter Anna Daly, who plays padel every week with household names Glenda Gilson, Roz Lipsett, Sean Munsanje, Stephanie Roche and Sarah Morrisey, says it's why their group, wittily named The Pink Padel Club, initially 'fell in love' with the sport. 'Padel is a great way to keep yourself moving while catching up with people,' she says. 'We all met at a press launch for House of Padel in Dublin a few months ago, and we loved the game and formed a nice bond with each other. Now we have a rolling Thursday morning booking and four of us will play every week.' Daly's experience is common, says White, who sees people returning to his facility every week. 'That gap between novice and beginner is bridged quite quickly and inexpensively, without too much coaching. And that then leads to people wanting to play again.' That's exactly what happened with my friends and me. We felt like we'd improved in just one hour, a welcome dopamine hit. It's relatively inexpensive, too. Padel Tennis Ireland operates a pay-to-play system. A court costs €49 for an hour, divided by four, which works out to around €12 per session. I've already booked a return visit. The Cork facility is the first indoor padel setup in Ireland, opening in November 2023. It has been growing steadily since then. It originally opened with four indoor courts, adding a further four outdoor courts six months later to meet the demand. It's currently the country's largest padel facility. White and his business partner Jeremy Coyle are capitalising on padel's popularity; the duo will open an even bigger indoor padel facility in Bishopstown, Cork, by the end of the year. 'Bishopstown will have eight indoor courts, and then we're opening a facility in Limerick, which will have eight outdoor courts. We also plan a facility in Tipperary next year, and we're focused on 10 facilities nationwide in the next couple of years,' says White. The growth of Padel Tennis Ireland serves to illustrate how fast this sport is growing in Ireland. Aside from larger facilities, tennis clubs are adding padel courts and hotels are waking up to the padel potential too. Daly and her Pink Padel Club were recently invited down to The K Club to try out its new padel courts. 'Padel is just brilliant. What I notice about it, too, is it's so accessible, ideal for people looking for a bit of fun and to get them moving too,' she says. Daly played tennis as a teenager, and says padel is a bit easier to get your head around. 'It just seems more compact, a bit less intimidating than tennis.' NOT JUST THE NEWEST RACQUET Deirdre McArdle during a game at Padel Tennis Ireland Headquarters in Carrigtwohill. Picture by Noel Sweeney As racquet sports go, padel is arguably more accessible than tennis and badminton. Tennis, with its larger courts and high-bouncing ball, can be strenuous, while badminton requires a high degree of flexibility and overall fitness. Regardless, all racquet sports are great workouts, says Dirk Harm, chartered physiotherapist at Function Physiotherapy in Cork, and a keen padel player. 'Of course, you can get injured playing any racquet sport, including padel; there is no difference in that area. The intensity of the really good padel players is incredible, and I'll see them come in with lower limb injuries, particularly the knees. Playing padel, like any racquet sport, is very beneficial physically.' What makes padel unique among racquet sports for Harm is its social and mental benefits. 'Padel fosters a strong sense of connection and community, which is so important for mental wellness, particularly with older adults. Being part of a group or a team offers motivation, encouragement, and a sense of belonging. In my own experience, I've been playing padel for about 18 months now, and I've met at least 100 new people and created some good connections since starting to play.' According to a 2023 report in Aspetar Sports Medicine Journal, regular padel practice improves cardiovascular health and muscle strength. It also boosts cardiorespiratory fitness, upper body power, grip strength, speed, and agility. Furthermore, it increases BDNF, a brain health biomarker, especially in female players, supporting cognitive and mental wellbeing. The sport attracts people from all ages and abilities: White says they see people from all walks of life and all stages of life coming to play. 'We have just under 10,000 registered players, and they range from kids all the way up to people in their 80s. The diversity among players is a real strength of the sport.' Having played padel, it's easy to understand why it's become so popular. The games are quick and competitive. You can grasp the game and its rules quite quickly and enjoy lively banter while playing. In the midst of all that enjoyment, you're getting a decent workout too. Each session lasts an hour, an ideal amount of time to get a decent cardio hit, without overdoing it, says Harm. 'You can get hour of exercise, full-on cardio and a complete range of motion, and because you're often chatting away and enjoying the game, you don't feel the time pass. I can only see positive benefits to playing padel.'
Yahoo
27-06-2025
- Business
- Yahoo
UK grocery suppliers report fewer problems with big retailers
Grocery suppliers in the UK are seeing better treatment from the country's largest retailers, according to the Groceries Code Adjudicator (GCA). The 12th annual GCA Groceries Sector Survey, published on 25 June, showed a drop in the number of suppliers facing issues with compliance to the Groceries Code, a set of rules designed to protect suppliers in their dealings with major supermarkets. The survey found 30% of grocery suppliers reported problems related to the Groceries Code in 2025, down from 33% in 2024. The overall level of compliance with the Code across 14 designated retailers rose from 91% in 2024 to 93% in 2025. Improvements were particularly noticeable among the five retailers who had the lowest compliance scores the previous year. Specific areas of concern for suppliers showed positive signs of progress. For example, 17% of suppliers said they had experienced poor processes for resolving invoice disputes, a decrease from 21% last year. Delays in payments were also reported less frequently, dropping from 14% of suppliers in 2024 to 11% in 2025. These improvements reflect more timely payments and clearer communication between retailers and suppliers. Mark White, the Groceries Code Adjudicator, said he was encouraged by the rising compliance scores and improvements among lower-performing retailers. To gain further insight, the GCA has commissioned YouGov to conduct interviews with suppliers. The findings from these interviews will be presented at the GCA's 2025 annual conference on 30 September. Last week, the GCA launched an investigation into Amazon for alleged breaches of rules governing payments to suppliers. The watchdog said it had 'reasonable grounds' to suspect Amazon has breached the UK's Groceries Supply Code of Practice (GSCOP), which requires no delays in supplier payments. The investigation will examine Amazon's practices from March 2022 to June 2025, based on evidence received from 'a range of sources', the GCA said. An Amazon spokesperson told Just Food the retail giant takes the GSCOP 'incredibly seriously' and will 'cooperate fully with the adjudicator'. 'We have already made significant improvements to our grocery supplier experience, including to payment practices, with supplier contacts on this reducing year-on-year,' the spokesperson added. According to the watchdog's 2024 annual survey, fewer than half of respondents directly supplying Amazon believed the retailer 'consistently' or 'mostly' adhered to the code. "UK grocery suppliers report fewer problems with big retailers" was originally created and published by Just Food, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
23-06-2025
- Business
- Yahoo
Amazon to face UK probe over alleged payment delays to suppliers
The UK grocery regulator has launched an investigation into Amazon for alleged breaches of rules governing payments to suppliers. The Groceries Code Adjudicator (GCA) said it has 'reasonable grounds' to suspect Amazon has breached the UK's Groceries Supply Code of Practice (GSCOP), which requires no delays in supplier payments. The investigation will examine Amazon's practices from March 2022 to June 2025, based on evidence received from 'a range of sources', the GCA said. The watchdog said it would look into Amazon's processes for receiving goods and making payments, handling supplier concerns about payment deductions and the use of deduction settlements in negotiations with suppliers. "The alleged delays could expose Amazon suppliers to excessive risk and unexpected costs, potentially affecting their ability to invest and innovate," GCA adjudicator Mark White said in a statement. An Amazon spokesperson told Just Food on Friday (20 June) the retail giant takes the GSCOP 'incredibly seriously' and will 'cooperate fully with the adjudicator'. 'We have already made significant improvements to our grocery supplier experience, including to payment practices, with supplier contacts on this reducing year-on-year," the spokesperson added. Amazon has made changes including giving suppliers 30 days to challenge shortages and chargebacks before any money is deducted. The retailer also pointed to its introduction of "minimum notification periods" before any products are de-listed. The GCA's investigation follows a directive from the watchdog nearly a year ago when it urged Amazon to take 'swift and comprehensive action' to comply with UK rules protecting suppliers. According to the watchdog's 2024 annual survey, fewer than half of respondents directly supplying Amazon believed the retailer 'consistently' or 'mostly' adhered to the code. "Amazon to face UK probe over alleged payment delays to suppliers" was originally created and published by Just Drinks, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
