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With a Two-Year Revenue Growth of 2,060%, The Plug Drink Ranks No. 6 on Inc. Magazine’s List of the Pacific Region’s Fastest-Growing Private Companies

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Companies on the 2024 Inc. 5000 Regionals: Pacific list had an average growth rate of 162.77 percent.

LOS ANGELES, March 1, 2024 /PRNewswire/ — Inc. magazine today revealed that The Plug Drink (“The Plug”) is No. 6 on its fourth annual Inc. 5000 Regionals: Pacific list, the most prestigious ranking of the fastest-growing Pacific private companies, based in California, Oregon, Washington, Hawaii, Alaska. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Pacific economy’s most dynamic segment–its independent small businesses.  

“This is an exciting achievement for The Plug, and it’s just an amazing honor to be recognized for all of the hard work we’ve put in during these last couple of years,” said Ray and Justin Kim, Co-Founders.

The companies on this list show a remarkable rate of growth across all industries in the Pacific region. Between 2020 and 2022, these 170 private companies had an average growth rate of 162.77 percent; by 2023, they’d also added 10,689 jobs and $5.5 billion to the region’s economy.

Complete results of the Inc. 5000 Regionals: Pacific, including company profiles, can be found at inc.com/Pacific starting February 27, 2024. You’ll also find an interactive database that can be sorted by industry, metro area, and other criteria.

“The honorees in our Inc. 5000 network are the Who’s Who of private companies. They’re energizing regional economies as they engineer the future of their industries. Learn who they are and what they do — they’ll be impacting things for a while,” said Eric Hagerman, Special Projects Editor at Inc. Media.

The Plug, the leading all-natural liver health supplement brand, was founded in 2019 by brother-duo Ray and Justin Kim. After viewing South Korea’s advancement in the recovery industry, the brothers were determined to create a staple product for the American market. Enter The Plug Drink. The plant-based drink grew steadily in popularity with a heavy online presence and ultimately spread into retail across California counties. With the introduction of The Plug Pills in 2022, Plug products have expanded into the retail channels of major American cities with the help of partnerships such as KeHe Distributors. The brand continues to grow and extend its reach, fulfilling its mission of educating its consumers on the importance of liver health.

Contact: 
Justin Kim
323-846-0131
justin@theplugdrink.com

More about Inc. and the Inc. 5000 Regionals 

Methodology
The 2024 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2020 and 2022. To qualify, companies must have been founded and generating revenue by March 31, 2020. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2022. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2020 is $100,000; the minimum for 2022 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.   

About Inc. Media 
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers and the credibility that helps them drive sales and recruit talent. 

The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.

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SOURCE The Plug Drink

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MEDIA ADVISORY: UN Global Compact Hosts Sessions at the SDG Tent in Davos to Drive Business Action on the Sustainable Development Goals

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NEW YORK , Jan. 14, 2025 /PRNewswire/ — 

WHAT:
The United Nations Global Compact invites media and stakeholders to join impactful and interactive discussions at the SDG Tent during the World Economic Forum Annual Meeting 2025 in Davos, Switzerland. These sessions are designed to accelerate progress on the Sustainable Development Goals (SDGs) and inspire transformative business action.

The SDG Tent is an inclusive and collaborative community meeting point where no WEF badge is required to attend. Visitors can also enjoy a warm beverage and snacks in the café.

WHEN:
21–22 January 2025

WHERE:
SDG Tent @ Hotel National
Obere Strasse 31, 7270 Davos Platz
Conveniently located a 7-minute walk from the Davos Platz train station and an 18-minute walk from the WEF Congress Centre.

FEATURED UN GLOBAL COMPACT SESSIONS

Investments in Technology and Innovation: Leading on Responsible Business for People and Planet
Date: 21 January 2025
Time: 7:00 – 8:30 CET
This exclusive executive breakfast will explore the role of innovation and technology, including AI, in driving sustainability and inclusivity. The session will feature three fireside chats highlighting:

Real-world examples of linking gender equality and innovation.AI’s role in enabling a sustainable transition, focusing on finance, climate, and nature.Opportunities for inclusive economic growth in technology and innovation.

Leadership Dialogues Luncheon: 2025 Roadmap for Policy Advocacy
Date: 21 January 2025
Time: 11:30 – 13:30 CET
This high-level luncheon will convene the UN Secretary-General, the UN Global Compact Board, and engaged CEOs to discuss the 2025 policy advocacy roadmap. Topics will include positioning CEO voices for policy enablers and key global transitions, with outcomes feeding into the Global Compact’s 25th anniversary, the World Social Summit, COP30, and Financing for Development.

Water Resilience Coalition CEO Circle
Date: 21 January 2025
Time: 14:00 – 16:00 CET
This invitation-only event will focus on the “Transformative Role of AI for Water Resilience,” featuring discussions on innovative AI applications, mitigating risks, and enhancing water resilience.

From Silos to Synergy: Procurement’s Role in Advancing the SDGs
Date: 22 January 2025
Time: 7:00 – 8:30 CET
This dynamic panel will examine sustainable procurement as a driver of the SDGs, with bold strategies for empowering women- and youth-led enterprises, leveraging AI for decision-making, and reshaping industries. The discussion will explore fast-tracking procurement to deliver profitability and sustainability.

MEDIA OPPORTUNITIES:

Access to high-level discussions and thought leaders.Interview opportunities with UN Global Compact leadership, including Sanda Ojiambo.Press materials and key reports on advancing the SDGs.

ADDITIONAL INFORMATION:
For more details and a complete listing of all sessions at the SDG Tent, please visit: https://events.unglobalcompact.org/WEF25

Notes to Editors

About the UN Global Compact
The ambition of the UN Global Compact is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change. With more than 20,000 participating companies, 5 Regional Hubs, 63 Country Networks covering 80 countries and 13 Country Managers establishing Networks in 18 other countries, the UN Global Compact is the world’s largest corporate sustainability initiative — one Global Compact uniting business for a better world.

Logo – https://mma.prnewswire.com/media/2597908/UNGC_Logo.jpg 

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The BlackRock Foundation and Commonwealth Launch National Research Effort to Understand First-Time Investors Who Entered Capital Markets Since 2020

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Supported by a $1MM grant from The BlackRock Foundation, “The Investor Diaries” will shed light on investors earning low to moderate incomes; pave the way for more sustainable wealth-building

BOSTON, Jan. 14, 2025 /PRNewswire/ — The BlackRock Foundation and national nonprofit Commonwealth launched “The Investor Diaries,” a research initiative designed to better understand the millions of new investors who entered retail capital markets in the U.S. since 2020, particularly those earning low to moderate incomes (LMI). By following these investors through voice diary entries, a national survey, and analysis of large transaction data sets representing millions of investment decisions by people earning LMI, the project shines a light on their unique financial circumstances, motivations, behaviors, needs, and the role that capital market investing plays in the overall financial wellness of LMI households. The initiative aims to equip the investing industry, financial platforms, and policymakers with important insights to support and sustain this and future generations of new investors. 

During 2020-21 alone, 46 million new brokerage accounts were opened by individual investors in the U.S., an 80% increase over a two-year period. Despite the prediction that this might be a temporary surge, more than 75% of these new investors remain invested today.

Partnering with Investing Platforms
The Investor Diaries will feature real-time research with people earning LMI ($30,000 to $80,000) who are currently investing, capturing their unique stories through their experiences and transaction data. The longitudinal research study will follow dozens of individual investors over 18 months, conducting observational diary-style interviews and tracking their transactional behavior on an ongoing basis. Many are among the first in their families to invest.

Commonwealth has partnered with investment platforms Betterment and moomoo to capture participants’ experiences with both robo-advised and self-directed platforms:

Betterment – For investors who don’t want to pick their own stocks, Betterment’s easy-to-use, automated investment technology offers diversified, expert-built portfolios and continually monitors the investments, rebalances the portfolios, and reinvests the dividends.moomoo – Moomoo offers an accessible platform for self-directed investors of all levels to confidently make their own investment decisions with advanced tools and features to help guide their trades.

The Investor Diaries will also include a large National Perceptions and Habits Survey and a parallel study of macro-level investor transaction data to better understand the broad investing behaviors of this population. 

“The Investor Diaries will provide a groundbreaking holistic view of those living on modest incomes who are new to investing in the past five years,” says Timothy Flacke, CEO, Commonwealth. “Understanding the choices and actions of these new market participants, and where existing platforms and tools are serving these new investors well—and falling short—will inform the next wave of investing innovations and help ensure broader capital market participation is a sustainable, productive source of wealth creation.” 

Commonwealth’s past research has demonstrated an unmet appetite for investing among LMI households and the early positive impact of this type of market participation on financial stability and mobility.

“Measuring household investing behavior will help determine how supported these new market participants feel in their investing experience,” says Claire Chamberlain, President, The BlackRock Foundation. “The insights derived from The Investor Diaries can help inform product solutions, investor education, and outreach strategies to optimally support LMI households in building and sustaining wealth via the capital markets.”

For more information about The Investor Diaries, please visit https://buildcommonwealth.org/research/investordiaries

About Commonwealth
Commonwealth is a national nonprofit building financial security and opportunity for people earning low- to moderate-income through innovation and partnerships. For over two decades, Commonwealth has designed effective innovations, products, and policies enabling over 2 million people to save nearly $8 billion. Commonwealth collaborates with consumers, the financial services industry, employers, and policymakers. Because Black, Latin, and women-led households disproportionately experience financial insecurity, we focus especially on these populations. The solutions we build are grounded in real life, based on our deep understanding of people who are financially vulnerable and how businesses can best serve them. To learn more, visit us at www.buildcommonwealth.org

About The BlackRock Foundation
Helping people earn, save, and invest – earlier, more often and for their futures. Guided by BlackRock’s history of making saving and investing more accessible and affordable, The BlackRock Foundation funds and partners with organizations that elevate the voices and experiences of LMI households. With our partners, we aim to 1) support individuals in their efforts to build a financial safety net to protect against shocks that widen disparities and 2) make it easier to build wealth and support upward mobility. With Commonwealth and partners, BlackRock’s Emergency Savings Initiative has provided access to more than 10 million people and led to $2 billion in new liquid savings between 2019 and 2022.

About Betterment 
Betterment LLC (“Betterment”) is the largest independent digital financial advisor, using automated technology powered by human expertise to fulfill a singular mission: making people’s lives better. With easy-to-use saving, investing, and retirement solutions, Betterment is built to help people optimize their money, no matter their level of experience or how the market is doing. Launched in 2010, Betterment helps more than 900,000 customers manage over $50 billion with curated selections of low-cost, expert-built investing portfolios; personalized guidance; and tax-smart tools. The company has received multiple awards for its investing app, including Buy Side from WSJ (2024). Learn more and for additional disclosure on these awards, visit https://www.betterment.com/#award-disclosure.

About moomoo
Moomoo is an investment and trading platform that empowers global investors with pro-grade, easy-to-use tools, data, and insights. It provides users with the necessary information and technology to make more informed investment decisions. Investors have access to advanced charting tools, technical analytics, and in-depth data. Moomoo grows with its users, cultivating a community where investors share, learn, and grow together in one place. Moomoo provides free access to investment courses, educational materials, and interactive events that any investor, at any level, can gain from. Users can join forum discussions, trending topics, and seminars to better their investment knowledge and insights. The moomoo app is offered by Moomoo Technologies Inc. (“MTI“) a company that is based in Jersey City, New Jersey. The app is used globally in countries including the U.S., Singapore, Australia, Japan, Malaysia and Canada. MTI is not a broker-dealer and does not provide investment advice or recommendations. In the U.S., securities products and services are offered by Moomoo Financial Inc. (“MFI“), an SEC-registered broker-dealer and member FINRA/SIPC. MTI and MFI are indirect, wholly-owned subsidiaries of Futu Holdings Limited (Nasdaq: FUTU). For more information, please visit Moomoo’s official website at www.moomoo.com/us.

Contact:
Jackie Jusko
216-374-0945

View original content:https://www.prnewswire.com/news-releases/the-blackrock-foundation-and-commonwealth-launch-national-research-effort-to-understand-first-time-investors-who-entered-capital-markets-since-2020-302350968.html

SOURCE Commonwealth

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Lumen Technologies announces Q4 earnings release date

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DENVER, Jan. 14, 2025 /PRNewswire/ — Lumen Technologies (NYSE: LUMN), a global integrated network solutions provider that unleashes the world’s digital potential, will publish its fourth-quarter financial results following market close on Feb. 4, 2025. A live broadcast of the earnings conference call will be available on the company’s Investor Relations page at 5 p.m. ET.

Additional information regarding the fourth quarter and fiscal year 2024 financial highlights, including the company’s earnings release, investor presentation, and related materials, will be available on Lumen’s Investor Relations website.

About Lumen Technologies
Lumen is unleashing the world’s digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realize AI’s full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers’ needs today and as they build for tomorrow.

For additional news and insights visit news.lumen.com, LinkedIn: /lumentechnologies, Twitter: @lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies

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SOURCE Lumen Technologies

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