With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire for Journalists. Here are some of this week’s most newsworthy releases you might have missed.
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Verizon to Acquire AOL
Taking another significant step in building digital and video platforms to drive future growth, Verizon Communications Inc. announced on May 12 the signing of an agreement to purchase AOL Inc. for $50 per share – an estimated total value of approximately $4.4 billion.
Verizon’s acquisition further drives its LTE wireless video and OTT (over-the-top video) strategy. The agreement will also support and connect to Verizon’s IoT (Internet of Things) platforms, creating a growth platform from wireless to IoT for consumers and businesses. See the full release to learn more about the terms of the deal.
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New Health Care Index Shows Massive Increase in Consumer Costs Despite Government’s Growing Role in Nation’s Health Care System
While the U.S. government has become an even more dominant force in the nation’s health care system, individuals are taking on a greater share of the costs, according to the new U.S. News Health Care Index.
The index was developed exclusively by U.S. News & World Report as an ongoing way to track health care’s changing role in the U.S. economy and society. The first series of data, from 2000 to 2013, presents a comprehensive overview of the U.S. health care system by following movements in health care expenditures, medical costs, insurance coverage, health care employment, international comparisons and health care degrees granted in the U.S. See the full release to learn more about the findings of the report.
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Coupons.com Reveals America’s 25 Most Frugal Cities
Residents of San Francisco are known for being tech-savvy entrepreneurs, but according to the newly released 2014 Most Frugal Cities list from Coupons.com, they are also the savviest coupon users in the nation. According to the Coupons.com Savings Index, shoppers across the U.S. saved more than $2 billion on groceries and household goods by using more than 1.6 billion coupons.
San Francisco topped last year’s winner, Orlando, and snagged the number one spot – previously number 14 on the list – with more than $56.6 million in savings from Coupons.com. Washington D.C. (#2) surpassed both Orlando (#3) and Tampa (#4), with Charlotte (#5) and Atlanta (#6) staying in their respective spots from 2013. Nashville came in at (#7) with Cleveland (#8), Denver (#9) and Virginia (#10) rounding out the top 10 metros that saved the most. Check out the press release to see the full list.
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Lumber Liquidators Provides Update on Laminate Flooring Sourced From China
Lumber Liquidators on May 7 provided updates on several topics and planned actions related to laminate flooring sourced from China. Initial results of the indoor air quality testing program for certain laminate flooring customers – conducted by independent, accredited laboratories – indicate that over 97% of customers’ homes were within the protective guidelines established by the World Health Organization for formaldehyde levels in indoor air.
In early March 2015, Lumber Liquidators began voluntarily offering free indoor air quality screenings to some of its flooring customers, predominately those who had purchased laminate flooring sourced from China. Home air test kits were selected as a quick, effective way to measure the total level of formaldehyde in indoor air from all sources, not just from the flooring.
Formaldehyde is a common compound found in many household products including laminate flooring, furniture, permanent press clothing, floor coverings and certain personal care products. Other sources of formaldehyde in the air include cigarette smoke and emissions from wood-burning fireplaces, kerosene heaters and natural gas stoves. See the full release to learn more about the company’s plans.
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Expedia 2015 Road Rage Report: ‘Texters’ Enrage Fellow Drivers Most, Edging ‘Tailgaters’ and ‘Left Lane Hogs’ on List of Most Deplorable Driver Behaviors
On May 12, Expedia.com released the results of the Expedia 2015 Road Rage Report, a yearly analysis of driving etiquette. The study was commissioned by Expedia and conducted by GfK, an independent global market research company. Among other queries, GfK asked 1,000 Americans to rank the behavior of their fellow motorists in order of aggravation.
For the second year running, “The Texter” generated the most fury, earning the scorn of 26% of Americans. “The Tailgater” (13%) ranked second, narrowly edging out “The Left Lane Hog” (12%), “The Crawler” (10%) and “The Multitasker” (7%). See the full release to see the full list of driver behaviors.
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Larry Grady is online content manager at PR Newswire for Journalists. He has worked in business media for nearly 30 years and enjoys reality TV and daydreaming about travel and wine.