Technology

RESULTS OF SAINT PAUL GUARANTEED INCOME PILOT SHOW INCREASED EMPLOYMENT, IMPROVED OUTLOOK

Published

2 years ago

December 18, 2023

SAINT PAUL, Minn., Dec. 18, 2023 /PRNewswire/ — Data is in for the nation’s first mayor-led guaranteed income pilot to use public dollars, and results show positive trends in employment, physical and mental health, and other indicators of well-being and quality of life, according to Mayors for a Guaranteed Income.

Mayor Melvin Carter and the City of Saint Paul launched the People’s Prosperity Pilot in 2020 during the height of the COVID-19 pandemic. It was the second-ever mayor-led guaranteed income pilot, and the first to use funding from the CARES Act, along with state and private philanthropic dollars. Results of the People’s Prosperity Pilot were studied by the Center for Guaranteed Income Research (CGIR) at the University of Pennsylvania.

Researchers found that the number of people employed increased from 49% at the beginning of the pilot to 63% six months after the program ended. While actively receiving guaranteed income payments, families also maintained or improved their financial stability, allowing them to save money and smooth income volatility. There was a 7% increase in participants transitioning to better quality homes during the guaranteed income program.

Recipients showed few symptoms of anxiety or depression (measured on the Kessler scale) and had favorable levels of well-being across the three subscales of general health, physical limits, and physical functioning. When payments stopped there was a decrease in average general health. The percentage of participants reporting feelings of high hope progressively increased throughout and beyond the study from 15% at baseline to 21% at the end of the program and 22% six months after the program ended.

“A guaranteed income addresses the basic cause of poverty—a lack of money,” said Mayor Carter. “This pilot shows that a relatively small, no strings attached payment can open up a world of opportunity. Leveraging an unconditional cash benefit on a national level is an obvious tool that can dismantle generational poverty.”

Saint Paul’s pilot is also the first affiliated with Mayors for a Guaranteed Income, a coalition of 125 mayors and growing, of which Mayor Carter is a proud co-chair. Building upon the early success of the People’s Prosperity Pilot, Minnesota recently passed the nation’s largest statewide expansion of the Child Tax Credit.

“The guaranteed income payments took a weight off my shoulders,” said Lucille O’Quinn, guaranteed income recipient. “It helped me go from survival mode to feeling like my family is going to be okay, no matter what. The sense of relief is real. It shows that government really can make a difference in our lives.”

The research findings from Saint Paul build upon the similar results from the first-ever mayor-led guaranteed income program in Stockton, CA, which provided 125 families with $500 per month for two years. Set up as a randomized control trial, researchers found statistically significant gains in employment, financial stability, mental health, and overall well-being.

“The results from Saint Paul’s guaranteed income program fill me with hope,” said Michael D. Tubbs, founder of Mayors for a Guaranteed Income. “They are similar to what we saw in Stockton–people found better jobs, moved into safer housing, had more time to spend with their children, and overall felt more hopeful and less anxious about the future. It shows that guaranteed income can and does make families and communities stronger and more resilient.”

Read the full report on Saint Paul from CGIR her e.

Founded in June of 2020 by former Stockton Mayor Michael Tubbs, Mayors for a Guaranteed Income is a coalition of 125 mayors committed to advancing a federal guaranteed income – direct, recurring cash payments to middle and low-income people. Expanding to include city and county legislators in 2023 with Counties for a Guaranteed Income, the network acts as a research and resource hub for municipal pilots around the country–48 and counting. A new documentary film, It’s Basic, which premiered at the Tribeca Film Festival in June 2023, follows recipients and illuminates the life-changing impact of guaranteed income programs on families’ economic security and opportunity.

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SOURCE Mayors for a Guaranteed Income

Technology

IGCS International Announces Strategic Equity Investment by Lacks Enterprises

Published

56 minutes ago

April 22, 2026

DALLAS, April 22, 2026 /PRNewswire/ — IGCS International, a CVE-certified SDVOSB and leading provider of mission support and MRO supplies to the U.S. Department of Defense and federal agencies, today announced that Lacks Enterprises has acquired an equity stake in the company.

The strategic investment combines IGCS’s expertise in government supply chain, logistics, and MRO solutions with Lacks Enterprises’ advanced manufacturing capabilities, including electroplating, injection molding, composites, and testing for aerospace and defense.

“IGCS has built a strong track record supporting the Department of Defense… Partnering with Lacks Enterprises allows us to integrate cutting-edge manufacturing innovation into our offerings,” said Russ Spears, President of IGCS International.

Media Contact: Russ Spears, 214-733-7278, russ@igcsintl.com

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SOURCE IGCS International

Technology

Shoulder Innovations to Report First Quarter 2026 Financial Results on May 13, 2026

Published

56 minutes ago

April 22, 2026

GRAND RAPIDS, Mich., April 22, 2026 /PRNewswire/ — Shoulder Innovations, Inc. (“Shoulder Innovations”) (NYSE: SI), a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, today announced it will release financial results for the first quarter of 2026 after market close on Wednesday, May 13, 2026.

Management will host a conference call to discuss financial results beginning at 4:30 p.m. ET / 1:30 p.m. PT on May 13, 2026. Those interested in listening to the conference call may do so by dialing (877) 407-8216 for domestic callers or (412) 902-1015 for international callers and providing access code 13759613. A live and archived webcast of the event will be available in the “Investor Relations” section of the Shoulder Innovations website at https://ir.shoulderinnovations.com/.

About Shoulder Innovations
Shoulder Innovations is a commercial-stage medical technology company exclusively focused on transforming the shoulder surgical care market, with a current offering of advanced implant systems for shoulder arthroplasty. These systems are a core element of Shoulder Innovations’ ecosystem, which is designed to improve core components of shoulder surgical care – preoperative planning, implant design and procedural efficiency – to benefit each stakeholder in the care chain. Shoulder Innovations’ ecosystem is also comprised of enabling technologies, efficient instrument systems, specialized support and surgeon-to-surgeon collaboration. Together, these elements seek to address the long-standing clinical and operational challenges in the shoulder surgical care market by delivering predictable outcomes, procedural simplicity, and efficiency across all sites of care.

Contact
Brian Johnston or Sam Bentzinger
Gilmartin Group LLC
ir@shoulderinnovations.com

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SOURCE Shoulder Innovations

Technology

Accuray to Report Third Quarter Fiscal 2026 Financial Results on May 6, 2026

Published

56 minutes ago

April 22, 2026

MADISON, Wis., April 22, 2026 /PRNewswire/ — Accuray Incorporated (NASDAQ: ARAY) will report financial results for the third quarter of fiscal year 2026, ended March 31, 2026, during a conference call hosted by company management at 1:30 p.m. PT/4:30 p.m. ET on May 6, 2026.

The conference call dial-in numbers are 1-833-316-0563 (USA) or 1-412-317-5747 (international). In addition, a dial-up replay of the conference call will be available approximately one hour after the call’s conclusion for one week. The replay number is 1-855-669-9658 (USA) or 1-412-317-0088 (international), conference ID: 4178502.

A live webcast of the call will also be available from the Investor Relations section of the company’s website at investors.accuray.com. A webcast replay can be accessed on the website and will remain available until Accuray announces its results for the fourth quarter of fiscal 2026.

About Accuray
Accuray is committed to expanding the powerful potential of radiation therapy to improve as many lives as possible. We invent unique, market-changing solutions designed to deliver radiation treatments for even the most complex cases—while making commonly treatable cases even easier—to meet the full spectrum of patient needs. We are dedicated to continuous innovation in radiation therapy for oncology, neuro-radiosurgery, and beyond, as we partner with clinicians and administrators, empowering them to help patients get back to their lives, faster. Accuray is headquartered in Madison, Wisconsin, with facilities worldwide. To learn more, visit www.accuray.com or follow us on Facebook, LinkedIn, X, and YouTube.

Investor and Media Contact
Steve Monroe
VP, Financial Planning & Analysis, Accuray
Investor.relations@accuray.com

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SOURCE Accuray Incorporated