Latest news with #Wahl
The Star
5 days ago
- Business
- The Star
The road to wealth? Why formerly Roman-populated areas remain richer
Formerly Roman-populated areas of Germany still tend to be wealthier than areas where they did not settle, in part thanks to the Roman Empire's infrastructure, new research suggests. That, plus political unity and Roman economic systems all boosted trade, agriculture and the extraction of resources. These difference can still be seen today, according to a new study that shows former Roman areas are richer and more densely populated than former Germanic territories. The differences can even be proven for directly neighbouring regions, says historian Fabian Wahl from the Vienna University of Economics and Business. The Roman Empire, lasting from 625 BCE to 476 CE, started with the establishment of the city of Rome. Over the centuries that followed, it expanded militarily and economically, increasing its reach throughout the Mediterranean and beyond. The Romans built forts, roads and engineering feats such as aqueducts. Beyond infrastructure they also established a unified currency, administration and bureaucracy. They erected buildings, including facilities for plumbing and sanitation. Germany as we know it today was never fully conquered by the Romans. During the Roman Empire, Germania was a vast area stretching from the east of the Rhine River to the Danube – encompassing today's Germany, Poland, the Czech Republic, Slovakia, Hungary and Austria. The frontier of the Roman Empire ran from the left bank of the Rhine through to Augsburg in Bavaria, with the Romans covering a third of modern-day Germany. The line that marks the area they reached is known as the Limes Germanicus, the frontier of fortifications that bound the Roman provinces, separating them from the Germanic tribes further north and east. The former Roman areas in Germany are more densely populated even today, and they are also wealthier and more life-affirming. Citizens start more businesses and live on average six months to a year longer, the research shows. 'We compared counties, cities and even individuals in the immediate vicinity of the old Roman border, the Limes,' says Wahl. You would actually expect there to be no major differences because the regions are so close and the landscape is almost identical, he says. 'The Roman border was often drawn rather randomly and not according to economic considerations,' he adds. The Limes north-east of Stuttgart ran for 80km in a dead straight line as if drawn with a ruler. 'So it wasn't the case that the Romans consistently colonised fertile areas and ignored poor soils,' Wahl says. 'Then today's differences would be relatively easy to explain – but that's not the case.' From economic development, innovation and entrepreneurship through to personality traits, life satisfaction and health of inhabitants, Wahl published three studies each focusing on a different aspect of the advantages stemming from Roman settlement. For example, trying to ascertain population density, Wahl and his team looked at night-light intensity of the different German regions and realised that the former Roman areas still shine brighter at night. Looking into the effects of the Romans on personality traits such as conscientiousness or consideration, they analysed data from some 90,000 survey participants. 'In total, over 100,000 observations were included in the studies,' says Wahl. Roads played a key role in the differences, according to Wahl. The persistence of the Roman road network until the present is an important factor giving formerly Roman areas a developmental advantage, both by fostering city growth and by allowing for a denser road network, the researchers say. Today, many German motorways still follow Roman trade routes amazingly closely. Roman foundations such as Cologne, Trier and Mainz became bishoprics early on and therefore remained important administrative centres in the Middle Ages. Within the city of Cologne, property prices in the once Roman-populated left bank of the Rhine are still higher today than on the right bank of the Rhine, then seen as barbarian country. 'It can be argued, for example, that the Roman bathing culture established higher standards of hygiene, which then had an effect far beyond Roman times,' Wahl says. – dpa
Yahoo
10-07-2025
- Business
- Yahoo
HCSG Provides Update On Client Restructuring, Reiterates 2025 Growth and Cash Flow Expectations
BENSALEM, Pa., July 10, 2025--(BUSINESS WIRE)--Healthcare Services Group, Inc. (NASDAQ:HCSG) today issued the following statement related to the Genesis HealthCare, Inc. ("Genesis") announcement that it had filed for Chapter 11 bankruptcy protection in the Northern District of Texas on July 9, 2025 (the "Petition Date"). HCSG currently provides services to 164 Genesis facilities. Following the Petition Date, HCSG expects to continue its contractual relationship with those Genesis facilities without disruption in service or payments. As of the Petition Date, the estimated accounts and notes receivable balances of Genesis, net of reserves, were $50.0 million and $14.4 million, respectively. As a result of the Genesis filing, HCSG estimates a second quarter non-cash charge of approximately $0.62 per share and a third quarter non-cash charge of approximately $0.03 to $0.04 per share. Ted Wahl, Chief Executive Officer, stated, "We believe the root causes of this action are specific to Genesis and its legacy debt structure. While Genesis had taken steps to strengthen its financial position, they deemed this a necessary step to move forward as a stronger operator in this industry." Mr. Wahl continued, "Overall industry fundamentals remain strong, highlighted by the multidecade demographic tailwind that is now beginning to work its way into the long-term and post-acute care system. The industry's most recent operating trends remain positive as well, with a steady increase in workforce availability, rising occupancy, and a stable reimbursement environment." Mr. Wahl concluded, "And while the Genesis news and resulting impact on our upcoming reported results is disappointing, our 2025 growth plans and cash flow outlook remain strong. We reiterate our previously shared 2025 expectations of mid-single digit revenue growth and $60.0 to $75.0 million of cash flow from operations (excluding the change in payroll accrual). We are confident that continuing to execute on our strategic priorities, supported by our strong business fundamentals, will enable us to further accelerate growth, while delivering sustainable, profitable results." Conference Call and Upcoming Events HCSG is scheduled to release its results for the quarter ended June 30, 2025, on Wednesday, July 23, 2025, before market opening. In conjunction with its release, the Company will host a conference call that same day at 8:30 a.m. Eastern Time to discuss its results The call may be accessed via phone at 1 (800) 715-9871, Conference ID: 9951274. The call will be simultaneously webcast under the "Events & Presentations" section of the Investor Relations page on the Company's website, A replay of the webcast will also be available on the website for one year following the date of the earnings call. About Healthcare Services Group, Inc. Healthcare Services Group (NASDAQ: HCSG) is a leader in managing housekeeping, laundry, dining, and nutritional services within the healthcare industry. With nearly 50 years of experience, HCSG aims to provide improved operational, regulatory, and financial outcomes for our clients. View source version on Contacts Company Contacts: Theodore WahlPresident and Chief Executive Officer Vikas SinghExecutive Vice President and Chief Financial Officer Matthew J. McKeeChief Communications Officer 215-639-4274investor-relations@
Business Wire
10-07-2025
- Business
- Business Wire
HCSG Provides Update On Client Restructuring, Reiterates 2025 Growth and Cash Flow Expectations
BENSALEM, Pa.--(BUSINESS WIRE)--Healthcare Services Group, Inc. (NASDAQ:HCSG) today issued the following statement related to the Genesis HealthCare, Inc. ('Genesis') announcement that it had filed for Chapter 11 bankruptcy protection in the Northern District of Texas on July 9, 2025 (the 'Petition Date'). HCSG currently provides services to 164 Genesis facilities. Following the Petition Date, HCSG expects to continue its contractual relationship with those Genesis facilities without disruption in service or payments. As of the Petition Date, the estimated accounts and notes receivable balances of Genesis, net of reserves, were $50.0 million and $14.4 million, respectively. As a result of the Genesis filing, HCSG estimates a second quarter non-cash charge of approximately $0.62 per share and a third quarter non-cash charge of approximately $0.03 to $0.04 per share. Ted Wahl, Chief Executive Officer, stated, 'We believe the root causes of this action are specific to Genesis and its legacy debt structure. While Genesis had taken steps to strengthen its financial position, they deemed this a necessary step to move forward as a stronger operator in this industry.' Mr. Wahl continued, 'Overall industry fundamentals remain strong, highlighted by the multidecade demographic tailwind that is now beginning to work its way into the long-term and post-acute care system. The industry's most recent operating trends remain positive as well, with a steady increase in workforce availability, rising occupancy, and a stable reimbursement environment.' Mr. Wahl concluded, 'And while the Genesis news and resulting impact on our upcoming reported results is disappointing, our 2025 growth plans and cash flow outlook remain strong. We reiterate our previously shared 2025 expectations of mid-single digit revenue growth and $60.0 to $75.0 million of cash flow from operations (excluding the change in payroll accrual). We are confident that continuing to execute on our strategic priorities, supported by our strong business fundamentals, will enable us to further accelerate growth, while delivering sustainable, profitable results.' Conference Call and Upcoming Events HCSG is scheduled to release its results for the quarter ended June 30, 2025, on Wednesday, July 23, 2025, before market opening. In conjunction with its release, the Company will host a conference call that same day at 8:30 a.m. Eastern Time to discuss its results The call may be accessed via phone at 1 (800) 715-9871, Conference ID: 9951274. The call will be simultaneously webcast under the 'Events & Presentations' section of the Investor Relations page on the Company's website, A replay of the webcast will also be available on the website for one year following the date of the earnings call. About Healthcare Services Group, Inc. Healthcare Services Group (NASDAQ: HCSG) is a leader in managing housekeeping, laundry, dining, and nutritional services within the healthcare industry. With nearly 50 years of experience, HCSG aims to provide improved operational, regulatory, and financial outcomes for our clients.
Associated Press
03-07-2025
- Lifestyle
- Associated Press
When the Altitude is Extreme, so is the Grooming: Wahl® Hair Clipper Makes the Cut
World-record-holding mountaineer Tyler Andrews relies on the Wahl® Self-Clip 360™ to stay sharp—mentally and physically—17,600 feet above sea level. STERLING, Ill., July 3, 2025 /PRNewswire/ -- When preparing for the grueling physical and mental demands of Mount Everest, elite athlete Tyler Andrews brings all the essentials: gear, grit—and a hair clipper. Andrews, a world-record-holding high-altitude runner, recently added the Wahl® Self-Clip 360™ to his pack for his latest Everest expedition, citing self-care as a critical piece of survival and performance. 'When living in extreme conditions, like Everest Base Camp, something that seems like a luxury is actually essential,' explained Andrews. 'For example, the simple act of grooming can have a huge impact on your comfort and safety.' According to Andrews, he spent weeks at base camp acclimating to the altitude and during that time his hair grew fast. 'A small discomfort like long hair can become big a problem; it gets caught in my helmet and glasses, it collects sweat that freezes and becomes a distraction when concentration can mean the difference between life and death.' When you're alone at the top of the world, you need tools you can count on; for Andrews, that includes the Wahl® Self-Clip 360™. Designed specifically for self-haircuts, this hair clipper meets the moment, whether that moment happens on a mountain or your own bathroom. Its revolutionary features include: For product information, grooming tips and to stay up-to-date on Andrews' haircutting trek, follow @WahlGrooming on Instagram, TikTok and Facebook. And find the Wahl® Self-Clip 360™ hair clipper for purchase at Walmart and Target. About Wahl Grooming Celebrating its 106th anniversary, Wahl® continues to help men look and feel their best with innovative products manufactured to define and elevate the men's grooming category. The company set the standard with the first-ever practical electric hair clipper in 1919, and later strengthened its leadership with the world's first battery-powered facial hair trimmer. It's this continued commitment to excellence that has solidified Wahl's® place as the world's go-to brand for men's grooming solutions. For more information, visit DOWNLOAD IMAGES: View original content to download multimedia: SOURCE Wahl Clipper Corporation
Yahoo
24-06-2025
- Automotive
- Yahoo
Chicago Man Raising Money for Veterans with Help from his Beard
For every FREE beard trim, men's grooming leader Wahl® will donate $100 to charity that brings thousands of veterans to professional sporting events free of charge. STERLING, Ill., June 24, 2025 /PRNewswire/ -- Last year, Amos Albert a U.S. Navy veteran from Chicago, IL, was named a finalist in the Wahl® Benevolent Beards Contest for his impressive beard and his work with the charity Operation Warrior Wishes. The organization brings thousands of veterans to professional sporting events completely free of charge. On his first trip, Amos saw just how beneficial the organization was to veterans struggling with return to civilian life; now, he dedicates his time to the charity. To celebrate Amos's ability to combine good grooming with goodwill, and in conjunction with the launch of this year's contest, Wahl® is bringing its mobile barbershop to the NASCAR Chicago Street Race on Saturday, July 5, 2025 from 9:30 a.m. – 3:30 p.m. (CDT) and Sunday, July 6, 2025 from 10 a.m. – 1:30 p.m. (CDT). The barbershop is open to the public and for every FREE beard trim Wahl® will donate $100 to support Operation Warrior Wishes, up to $5,000. "There is no shortage of people who donate their time and energy to helping others, and the Benevolent Beards contest provides an excellent platform to discover and honor those individuals," said Steven Yde, Vice President of North America Consumer at Wahl. "To bring attention to the contest we're traveling the country and visiting finalists from last year — like Amos — who are doing good in the world; and we're celebrating them by hosting beard grooming events that will further support their charitable efforts. Along the way, we'll be looking for another bearded do-gooder to be named our next 'Wahl® Man of the Year.'" How to Enter the Wahl® Benevolent Beards Contest From now until July 6, 2025, men with beards can submit a video of themselves either explaining or demonstrating how they support a charity on the contest entry page at they can also get to the page by visiting @WahlGrooming on Instagram, TikTok or Facebook. What kind of charity? As long as it's a 501(c)(3) organization with a goal to impact the world positively, all charities will be considered. So, whether you're an animal advocate or helping humans, you have the chance to put your good grooming toward goodwill. Following the entry period, 5 finalists will each win $500 for themselves, $500 for their charity and a Wahl® PRO SERIES™ High Visibility Trimmer. Things get exciting in August when public votes help determine which finalist wins the Grand Prize of $5,000 for himself, $20,000 for his charity and a visit from the Wahl® Mobile Barbershop to do a grooming event where barbers will offer the public FREE beard trims. For more information about the Wahl® Benevolent Beards Contest, or for facial hair tips and tools visit or follow @WahlGrooming on Instagram, TikTok and Facebook. About Wahl GroomingCelebrating its 106th anniversary, Wahl® continues to help men look and feel their best with innovative products manufactured to define and elevate the men's grooming category. The company set the standard with the first-ever practical electric hair clipper in 1919, and later strengthened its leadership with the world's first battery-powered facial hair trimmer. It's this continued commitment to excellence that has solidified Wahl's® place as the world's go-to brand for men's grooming solutions. For more information, visit Download Images of Amos Albert: Download Mobile Barbershop Images: Download Mobile Barbershop B-Roll: View original content to download multimedia: SOURCE Wahl Clipper Corporation
