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U. S. Steel Announces Successful Start-Up of New Electric Arc Furnace at Its Alabama Facility

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Today, U. S. Steel announced the successful start-up of its newly constructed, technologically advanced electric arc furnace (EAF) steelmaking facility at its Fairfield, Alabama, operations. The EAF start-up is the latest milestone providing customer value through the companys Best of Both integrated and mini-mill technology strategy.

Commenting on the start-up, U. S. Steel President and Chief Executive Officer David B. Burritt said, The EAF significantly enhances our ability to deliver customer-centric solutions and results. We made a commitment to add electric arc steelmaking to our operating footprint as part of our ˜Best of Both strategy. This successful start-up delivers on that promise, and I am very pleased with the way our people safely accomplished this while navigating the disruptive influences of the COVID-19 pandemic. We had the added benefit of using this project as a tool for technical collaboration with the EAF experts at our ˜Best of Both partner, Big River Steel. Fairfield EAF #1 adds significantly more sustainable steelmaking technology to our portfolio.

Of the announcement, U. S. Steel Senior Vice President “ Tubular Products Douglas R. Matthews said, I am proud of the Fairfield team for their perseverance and continued focus throughout the construction and start-up processes, especially on our core value of safety. We are excited to provide our customers with more sustainable tubular solutions, including our technically advanced proprietary connections, to support their efforts to safely extract and transport the resources necessary to power our daily lives.

The EAF method of steelmaking utilizes electrical energy to melt a heat of steel. This process charges recycled steel scrap into the furnace, which is then heated by electric arcs; melting the scrap into liquid steel. In the start-up process, Fairfield EAF #1 commenced its first arc, charged and melted steel scrap, and on October 20, tapped its first heat of liquid steel.

The EAF will have an annual steelmaking capacity of 1.6 million tons. Video footage of the start-up is available on U. S. Steels YouTube page at http://www.youtube.com/c/USSteelCorp or here.

Founded in 1901, the United States Steel Corporation is a Fortune 250 company and leading integrated steel producer. With extensive iron ore production and an annual raw steelmaking capability of 22 million net tons, U. S. Steel produces high value-added steel products for the automotive, infrastructure, appliance, container, and energy industries. The companys Best of Both integrated and mini-mill technology strategy is advancing a more secure, sustainable future for U. S. Steel and its stakeholders. With renewed emphasis on innovation and customer focus, the company produces cutting-edge products such as U. S. Steels proprietary XG3„¢ advanced high-strength steel. U. S. Steel is headquartered in Pittsburgh, Pennsylvania, with world-class operations across the United States and in Central Europe. For more information, please visit www.ussteel.com.

John O. Ambler

Vice President

Corporate Communications

T – (412) 477-1719

E – [email protected]

Kevin Lewis

Vice President

Investor Relations

T – (412) 433-6935

E – [email protected]

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Therapeutic Solutions International Announces Clinical Trial Assessing “Kaihani Score” Proprietary Biomarker Based Assay for Quantifying Gambling Addiction

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OCEANSIDE, Calif., Dec. 2, 2020 /PRNewswire/ — Therapeutics Solution International, Inc., (OTC Markets: TSOI), announced today opening of a clinical trial assessing ability of its proprietary “Kaihani Score” for quantifying severity of gambling addiction utilizing immunology-based protein biomarkers. 

The study, which is listed on the National Institutes of Health (NIH) clinicaltrials.gov website1 will assess correlation between immune associated proteins which the Company previously found associated with addictive behaviors, and validated psychological means of quantifying gambling addiction.

“Online gambling represents an over 50-billion-dollar annual global market2, with a significant proportion of participants possessing addictive-like behavior.  We sought to expand our work in the area of biological quantification of pathological behaviors to the significant problem of gambling addiction, which in comparison to other addictions, is highly understudied” said Famela Ramos, Vice President of Business Development for the Company.

“Having seen close friends of mine undergo severe consequences as a result of their gambling addictions, I am honored that my colleagues at Therapeutic Solutions proposed we name our bio-assay for this pathology based on my surname” said Wais Kaihani, co-inventor of the Kaihani Score and consultant to the Company.  “The correlations between various proteins associated with addictive behavior and cancer progression are astonishing.  I am thankful for the leadership of our Company for supporting this investigation into what initially was a “gut feeling”.

“We at Therapeutic Solutions International are pinpoint focused on developing, rapidly assessing, and commercializing game-changing technologies.  We are thankful for the support our clinical trials have been receiving and are excited to launch our 3rd trial listed on the federal database” said Timothy Dixon, co-inventor and President and CEO of the Company. “By scientifically establishing the connection between abhorrent immunity, and behavioral abnormalities such as gambling, we hope to initiate a new wave of scientific research focused on leveraging the brain-immune interaction.”

About Therapeutic Solutions International, Inc.
Therapeutic Solutions International is focused on immune modulation for the treatment of several specific diseases. The Company's corporate website is www.therapeuticsolutionsint.com, and our public forum is https://board.therapeuticsolutionsint.com/ and Campbell Neurosciences at https://www.campbellneurosciences.com

1 https://www.clinicaltrials.gov/ct2/show/NCT04648007
2 https://www.grandviewresearch.com/industry-analysis/online-gambling-market

[email protected]

Cision View original content:http://www.prnewswire.com/news-releases/therapeutic-solutions-international-announces-clinical-trial-assessing-kaihani-score-proprietary-biomarker-based-assay-for-quantifying-gambling-addiction-301183823.html

SOURCE Therapeutic Solutions International

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Highbridge Capital Management Closes Convertible Dislocation Fund

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NEW YORK, Dec. 2, 2020 /PRNewswire/ — Highbridge Capital Management, LLC (“Highbridge or the “Firm”), a wholly owned subsidiary of J.P. Morgan Asset Management, today announced the final closing of its Highbridge Convertible Dislocation Fund (the “Fund”), with total investable capital of more than $2 billion, including approximately $685 million in equity commitments.

In response to convertible market dislocations that commenced in March, the Fund was formed to invest in relative value and event driven convertible instruments with a focus on North America and Western Europe. This mandate is consistent with Highbridge's longstanding commitment to relative value alternative investment strategies. The Fund, which began investing in June 2020, is approximately 50% invested.

The Firm's focus on credit and volatility investment strategies provides a platform for consistent idea generation and investment opportunities. When appropriate, Highbridge may mobilize capital, utilizing opportunistic investment vehicles to capture market dislocation events. The Firm benefits from the larger J.P. Morgan Global Alternatives umbrella, a $145 billion platform spanning real estate, infrastructure, transportation, hedge funds, private equity, private credit and liquid alternatives.

“The convertible market dislocation that we observed earlier this year provided the Fund substantial capacity to take advantage of investment opportunities across North America and Western Europe,” said Jason Hempel, Co-CIO of Highbridge Capital Management. “While convertible market valuations have rebounded, primary market issuance, which now exceeds $100 billion in 2020, continues to be a source for new ideas and a driver of secondary market trading opportunities.” 

Jonathan Segal, Co-CIO of Highbridge, said, “We believe that convertible debt will remain an attractive capital market solution for many borrowers due to the global rise in equity markets and the flexibility that convertible notes offer to management teams in a period of uncertainty. We look forward to continuing to pursue these investments on the Fund's behalf and we greatly appreciate the support of our investors and their commitment to the Fund during the COVID-19 pandemic.”

About Highbridge Capital Management
Founded in 1992, Highbridge Capital Management is a global alternative investment firm offering credit and volatility focused solutions across a range of liquidity and investment profiles, including hedge funds, drawdown vehicles and co-investments. The firm seeks to generate attractive risk-adjusted returns for sophisticated investors, which include financial institutions, public and corporate pension funds, sovereign wealth funds, endowments and family offices. Highbridge is headquartered in New York, with a research presence in London. Highbridge a wholly owned subsidiary of J.P. Morgan Asset Management

About J.P. Morgan Global Alternatives
J.P. Morgan Global Alternatives is the alternative investment arm of J.P. Morgan Asset Management. With more than 50 years as an alternatives investment manager, $145 billion in assets under management and more than 600 professionals (as of June 30, 2020), we offer strategies across the alternative investment spectrum including real estate, private equity and credit, infrastructure, transportation, liquid alternatives, and hedge funds. Operating from offices throughout the Americas, Europe and Asia Pacific, our 15 independent alternative investment engines combine specialist knowledge and singular focus with the global reach, vast resources and powerful infrastructure of J.P. Morgan to help meet each client's specific objectives. For more information: jpmorganassetmanagement.com.

About J.P. Morgan Asset Management
J.P. Morgan Asset Management, with assets under management of USD 2.3 trillion (as of 30 September 2020), is a global leader in investment management. J.P. Morgan Asset Management's clients include institutions, retail investors and high net worth individuals in every major market throughout the world. J.P. Morgan Asset Management offers global investment management in equities, fixed income, real estate, hedge funds, private equity and liquidity.

Cision View original content:http://www.prnewswire.com/news-releases/highbridge-capital-management-closes-convertible-dislocation-fund-301183819.html

SOURCE J.P. Morgan Asset Management

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Dave Kim Joins Frazier & Deeter as International Tax Partner

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ATLANTA, Dec. 2, 2020 /PRNewswire-PRWeb/ — Frazier & Deeter, one of the nation's Top 50 accounting and advisory firms, announced today that Dave Kim J.D., LL.M. has joined the Firm as the National Leader for the International Tax Practice.

“Dave's years of experience addressing the complex tax requirements of multinational organizations make him an excellent addition to our firm,” said Seth McDaniel, Managing Partner of Frazier & Deeter. “We are delighted to see him take on this important leadership role and anticipate our clients will benefit greatly from his international tax planning experience.”

Kim, who is a licensed attorney in the state of Illinois, brings Frazier & Deeter's clients a deep knowledge of global tax planning culled from more than twenty years of public accounting experience. His experience includes international tax structuring, global value chain tax planning, intellectual property migration strategies, and cross-border mergers and acquisitions. Kim has a broad range of clients with a primary focus in the technology, private equity, and manufacturing and distribution industries.

“It's exciting to join a firm like Frazier & Deeter that prides itself on investing in relationships, and especially during a time when the firm's international tax practice has been rapidly expanding nationally,” noted Kim. “I look forward to leading the international tax practice in helping to serve the firm's clients in the increasingly complex areas of global tax planning, transfer pricing, indirect taxes and trade and customs.”

Prior to joining Frazier & Deeter, Kim spent most of his career in senior international tax positions with national firms including two Big Four firms. He has been a frequent conference speaker on international tax topics.
Kim earned his LL.M. in Taxation from Northwestern University, his Juris Doctor and Master of Business Administration from DePaul University and his undergraduate degree from Northern Illinois University. He is a co-founder of Fight for Chicago, a 501(c)(3) nonprofit whose mission is to empower youths facing adversity through mentoring opportunities and the sport of boxing.

About Frazier & Deeter
Frazier & Deeter is an award-winning accounting and advisory firm headquartered in Atlanta, Georgia, USA. The firm provides a wide range of tax, audit, accounting and advisory services to serve the emerging needs of clients as they evolve. Frazier & Deeter and its FD family of brands have nine offices across the United States and one in the United Kingdom. The firm has been recognized repeatedly as a Best of the Best Accounting firm, a Best Firm to Work For in the U.S. and a Best Firm for Women in Leadership. Frazier & Deeter's brand promise is Investing in Relationships to Make a Difference™.

Media Contact

Adelle Starr, Frazier & Deeter, 404-253-7434, [email protected]

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SOURCE Frazier & Deeter

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