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October 12 2002 The Italian Projects Roma Tre stu

first_imgOctober 12, 2002 The ItalianProjects Roma Tre students have arrived. [bottom] Valerio Pellegrini,Carlo Ciampoli, Alessandro Celleti and Alfonso Rubeis. [top] AnitaMaruccia. The five architecture students will complete a semesterprogram at Arcosanti earning credits with their University inconstruction, model making, woodshop, and a course with Arizona StateUniversity. [Photo & text: SA] This ItalianProject program links Arizona State University with Universita Roma Treas these students will attend one ASU Architecture course this fall.ASU professor Jeff cook has developed this new program with Arcosanti’sItalian Project. The students on their way to school. [Photo: T & text:SA] Randall Schultz isinstructing the students in wood working. Carlo has completed abeautiful new counter top for EC I and Alessandro is cutting it toexact size. [Photo & text: SA] Anita and Valeriowith their wood working projects. For more information on the ItalianProject contact Linda Roby(PublicRelations) or AntonioFragiacomo. [Photo & text: SA]last_img read more

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Mai Fyfield Sky has urged Ofcom to separate BT and

first_imgMai FyfieldSky has urged Ofcom to separate BT and its infrastructure arm Openreach in its final submission to the UK broadcast regulator as part of its strategic review of the UK’s digital communications market. In a statement explaining its stance, Sky argued that as BT has sole control over Openreach its decisions about investment in national infrastructure “reflect the interests of BT rather than the whole industry and the businesses and consumers that use its service”.“Openreach’s ownership structure means that companies that compete with BT, like Sky and TalkTalk, cannot work with Openreach on innovations like fibre to the home,” said Sky’s chief strategy officer, Mai Fyfield, discussing Sky’s Ofcom submission.She also claimed that “the national network run by Openreach relies heavily on copper wires and delivers unacceptable levels of faults and service problems for consumers and businesses.”Fyfield said that it makes sense for BT to use the existing copper network for as long as possible. However, with “no prospect” of BT’s retail arm using an alternative high-speed fibre network to deliver services, there is “limited scope for new infrastructure entrants as they would only be able to compete for Sky and TalkTalk’s business.”“The separation of Openreach from the rest of BT will allow it to form part of a more competitive market solution as an independent company. For example, if BT’s retail arm could purchase network services from alternative suppliers, an independent Openreach would be motivated to respond with investment and innovation of its own,” said Fyfield.“As a standalone FTSE 100 company, Openreach would be highly attractive to long-term investors and able to raise fresh capital to invest on the back of future growth from the whole industry.”The comments come after the chief executives of Sky, TalkTalk and Vodafone UK called for an “urgent need for increased competition” and urged Ofcom to ask the Competition and Markets Authority (CMA) to “undertake a full market investigation,” in an open letter published last month.The Financial Times reported this week that Vodafone would also call for the break-up of BT, ahead of the Ofcom consultation deadline of October 8. It quoted Vodafone’s head of regulatory affairs, Matthew Braovac, as saying: “we want to see a separate Openreach whose business is selling network connectivity and access for all.”last_img read more

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THE PSNI say officers were out on patrol this even

first_img THE PSNI say officers were out on patrol this evening in the Victoria Bridge area.The increased police presence followed reports of anti social behaviour in the area.A police spokesperson said: “Remember to report anti social behaviour, criminal behaviour and anything suspicious as soon as you see it. ShareTweet “This gives us the best chance to catch the people doing it.”POLICE PATROLLING VICTORIA BRIDGE OVER ANTI-SOCIAL BEHAVIOUR was last modified: May 25th, 2017 by John2John2 Tags:center_img POLICE PATROLLING VICTORIA BRIDGE OVER ANTI-SOCIAL BEHAVIOURVICTORIA BRIDGElast_img read more

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Raychel died after being administered with a letha

first_imgRaychel died after being administered with a lethal dose of intravenous fluids, a day after an appendix operation at Altnagelvin Hospital.The Hyponatraemia inquiry into the deaths of Raychel, Conor Mitchell, 15; Claire Roberts, nine, Adam Strain, four; and 17-month-old Lucy Crawford, in hospitals in Northern Ireland, was set up in 2004.All the children apart from Conor Mitchell were found to have died from hyponatraemia-related conditions.Hyponatraemia occurs when there is a shortage of sodium in the bloodstream.The Belfast, Southern and Western health trusts said they “unreservedly apologise” to the five families.The inquiry found that four of the children’s deaths were avoidable.It found there was a “reluctance among clinicians to openly acknowledge failings” in the death of Raychel Ferguson and was heavily critical of the “self-regulating and unmonitored” health service.Mr Ferguson said he has “very vivid memories” of his sister’s death and could not speak publically about it until now.“I was only 7 – I couldn’t understand why everyone was crying,” he said.“As a child it had a significant psychological impact on me. I could never ever talk about it.“I understand now why we didn’t do a lot of things like go to the park – as a family every night we went to the grave, because that is where Raychel was,” he said.The establishment of a duty of candour on medical professionals “to tell patients and their families about major failures in care and to give a full and honest explanation” was one of 96 recommendations made by the inquiry.Mr Ferguson said making this duty a legal requirement- dubbed Raychel’s law – “will ensure no other family will have to go through what we had to.”The BBC says it understands the Western Trust will meet with the Ferguson family shortly.Meanwhile the General Medical Council (GMC) said they are currently reviewing the inquiry’s report to consider whether they “need to investigate any named doctors or take any further action.”PSNI Detective Chief Superintendent Raymond Murray said police are “continuing to carefully assess the contents of the public enquiry report regarding hyponatremia and related issues before deciding what action needs to be taken.”Family of Raychel Ferguson reject Trust apology over her death was last modified: March 17th, 2018 by John2John2 Tags: However, Jason Ferguson said he could not accept the trust’s apology.He has told BBC Radio Foyle: “It is an apology of shame and guilt.“I have heard how apologetic and sincerely sorry they are. But I reject that apology because it took them 13 years to admit liability for Raychel’s death.“They should be ashamed of themselves because they contributed to our grief and pain as a family.” Family of Raychel Ferguson reject Trust apology over her deathHyponatremiaJason FergusonMR JUSTICE O’HARARaychel FergusonWESTERN TRUST Raychel Ferguson who died in Belfast hospital after being transferred from Altnagelvin hospitalTHE brother of Raychel Ferguson who died from hyponatremia has described a health trust’s apology as one of “shame and guilt”.The nine-year-old girl Derry died in 2001.Following an inquiry into the deaths of five children led by Mr Justice O’Hara, including Raychel in hospitals in North of Ireland’s, the Western health trust “unreservedly” apologised to the family. ShareTweetlast_img read more

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The article Total War over the Petrodollar was ori

first_imgThe article Total War over the Petrodollar was originally published at caseyresearch.com. The conspiracy theories surrounding the death of Total SA’s chief executive, Christophe de Margerie, started the second the news broke of his death. Under mysterious circumstances in Moscow, his private jet collided with a snowplow just after midnight. De Margerie was the CEO of Total, France’s largest oil company.He’d just attended a private meeting with Russian Prime Minister Medvedev, at a time when the West’s relationship with Russia is fraught, to say the least.One has better odds of being struck by lightning at an airport then a snow plow, or any other ground support vehicles hitting a plane and killing all inside the plane, in my opinion. And I say that as someone who’s familiar with airports, having worked at Vancouver International Airport when I was in university; I was the one who would bring the plane into its parking bay.If it weren’t for those short odds, a snowplow on the runway with an allegedly drunk driver would be the perfect crime. But who would benefit from his death?De Margerie was one of the few business leaders who spoke out against the isolation of Russia. On this last trip to Moscow, he railed against sanctions and the obstacles to Russian companies obtaining credit.He was also an outspoken supporter of Russia’s position in natural gas pricing and transportation disputes with Ukraine, telling Reuters in an interview in July that Europe should not cut its dependence on Russian gas but rather focus on making the supplies more secure.But what could have made de Margerie a total liability is Total’s involvement in plans to build a plant to liquefy natural gas on the Yamal Peninsula of Russia in partnership with Novatek. Its most ambitious project in Russia to date, it would facilitate the shipping of 800 million barrels of oil equivalent of LNG to China via the Arctic.Compounding this sin, Total had just announced that it’s seeking financing for a gas project in Russia in spite of the current sanctions against Russia. It planned to finance its share in the $27-billion Yamal project using euros, yuan, Russian rubles, and any other currency but US dollars.Did this direct threat to the petrodollar make this “true friend of Russia”—as Putin called de Margerie—some very powerful and dangerous enemies amongst the power that be, whether in the French government, the EU, or the US?In my book The Colder War, one chapter deals with “mysterious deaths” and how they are linked to being on the wrong side of the political equation. Whether it’s going against Putin or against the petrodollar, there are many who have fallen on both sides.If Total doesn’t close the $27 billion financing it needs to move forward with the Yamal LNG project then we’ll know someone stepped in to prevent an attack on the petrodollar.  The CEO of Total, before his death and his CFO were both strong supporters of Total raising the $27 billion in non US dollars and moving the project forward with the Russians.  But, this could all change if the financing does not complete.How many other Western executives who dare to help Russia bypass sanctions—and turn it into an energy powerhouse—will die under suspicious circumstances?Marin Katusa, is author of The Colder War, manager of multiple global energy-exploration hedge funds, and co-founder of Copper Mountain Mining Corporation. Click here to get a copy of his must-read new book, The Colder War. Inside, you’ll discover exactly how Putin is taking over the energy sector, how far ahead he is, and how alarming it is that no one in the US or Europe has even entered the race. last_img read more

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A disabled campaigner who has been refused permiss

first_imgA disabled campaigner who has been refused permission to apply for a vital disability benefit in a way that is accessible to him has begun legal proceedings against the Department for Work and Pensions (DWP).Graham Kirwan has been told that he is unable to communicate via email as he attempts to claim personal independence payment (PIP).Kirwan had previously been a long-term claimant of disability living allowance (DLA) but had his payments suspended when he failed to respond to letters asking him to apply for PIP, letters that he says he never received and that would not have been accessible to him anyway.Kirwan, who is partially-sighted, has computer software that can magnify text, but it does not generally work with scanned or PDF documents.He has been told by DWP to use the charity Citizens Advice to help with his application for PIP – which is gradually replacing working-age DLA – but he wants to fill in the form himself, so he can take responsibility for the accuracy of the answers.And he points to DWP guidance that states that email is an acceptable alternative for communication for people with his access needs.Kirwan says that while most people can fill in their PIP claim form with a pen costing just 10 pence (DWP provides a free envelope and postage), he has spent £1,200 equipping himself with the necessary technology to communicate effectively, as well as facing annual costs of about another £700.He said: “In this instance the disability is being deliberately created by the DWP. I have no communication disability? when allowed to use email and assistive software.“Email is cost effective and creates independence, choice and control?.“Using Citizens Advice when I can do something for myself is using up their valuable resources and my limited time?.“Although they may be experts in the field of compiling forms, it only takes one mistake (by a first-time volunteer)? on their part for me to fail to be awarded PIP.“The responsibility would be mine, as I am forced to sign a piece of paper which I cannot be 100 per cent sure is correct.”Kirwan has told DWP that completing forms over the telephone or through a home visit from a civil servant places him at a substantial disadvantage to other disabled people, while he has been told that forms completed over the telephone would still need to be sent to him to be read and signed.He has told DWP in a legal letter that “the DWP system for sending and receiving information to blind and partially sighted people is at best ad hoc and prone to consistent failure”.Kirwan, who represents Dudley Centre for Inclusive Living on accessible information issues, has already secured one legal victory over a government department, after a threatened judicial review led to the Department of Health publishing its first accessible information standard earlier this year.A DWP spokeswoman confirmed that the department had received Kirwan’s email, but she said she was unable to comment further because of the legal nature of the complaint.last_img read more

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The future of the governments Access to Work AtW

first_imgThe future of the government’s Access to Work (AtW) disability employment scheme is in jeopardy because of “bureaucratic incompetence” and a cost-cutting drive to reduce people’s support packages, according to new research.The report, commissioned by Inclusion London, found that “shocking levels of delay, error, and the de-skilling of staff” were putting Deaf and disabled people’s jobs at risk.The Barriers to Work report, written by disabled researcher and campaigner Catherine Hale, is based on a survey of 320 AtW customers – more than half of whom were Deaf or had hearing impairments – which was carried out last year by the campaign group StopChanges2AtW*.Hale said the AtW scheme – set up in 1994 and providing disabled people with funding to pay for some of the extra disability-related expenses they face at work – was “a cornerstone of the movement for equality and civil rights for Deaf and disabled people in the UK”.But her report concludes that the programme has been “beset with so much bureaucratic incompetence and obstructionism in recent years that, in many respects, Access to Work is no longer fit for purpose”.Marsha de Cordova, a disabled Labour MP and her party’s new shadow minister for disabled people, told a parliamentary event held to launch the report that “poor policy” and “severe cuts” had left the scheme “unworkable for so many of us”.She said the reviews that led to people’s packages being cut “ultimately will result in many Deaf and disabled people being unable to stay in or retain their work”.De Cordova (pictured, speaking at the event), who said she had benefited from AtW support through most of her career, said: “This scheme, as we all know, is a fundamental part of employing Deaf and disabled people and ensuring that we can stay in work.”She said her own experiences ranged from the programme being “very good to being poor and incredibly frustrating”, and added: “They make it so difficult to be assessed for support.”She said: “I intend in my role, just as an activist, because I am first and foremost a disability rights activist, to press on the government to ensure that they adequately fund this scheme, but also they have to address, they have to reverse, all of the stripping away of cuts, because without that the scheme is not going to work and we will not see more Deaf and disabled people into work.”One of the aspects the report warns about is the imposition of a cap – currently £42,100 – on annual AtW packages, which already affects new claimants but will not affect existing customers until next April.The cap is expected to affect 200 AtW customers, of whom about 90 per cent will be Deaf or have hearing loss.StopChanges2AtW believes this will discourage employers from recruiting Deaf people, increase the likelihood of discrimination, and reduce equality of opportunity.Paul Redfern, the British Deaf Association’s senior community development manager, told the launch event that a number of Deaf professionals had lost their registrations because they were not given enough interpreting support by AtW to maintain their “continuing professional development”.He said the new cap meant that Deaf people would be forced “to leave work and be replaced by hearing people”, and he added: “Employers will become more and more reluctant to employ Deaf members of staff because they will be seen as expensive.”Penny Parker, who uses Access to Work, and is employed by the disabled people’s organisation Equal Lives, had her account of her AtW experiences read by Mark Harrison, chief executive of Equal Lives, as she was not able to attend the launch event.She said she couldn’t fault the scheme when she began claiming support in 2010, but since AtW began to review her package towards the end of 2015 she said her experience had been “horrendous”, and ended – after a year – with a package “that meant I go to work less and pay more”.Parker, who is totally blind, said one adviser had “felt the need to question why I don’t drive myself to work”.The process had affected her job, her mental health, her relationship with her support workers, the taxi company that drives her to work, and her family and private life.She said: “I was so impressed by the scheme when I set out in 2010. Now it’s a sham and disables rather than enables disabled people to work.”Harrison said Parker had called him while he was on the way to the event to say that the taxi company she uses had told her it would not be able to take her to work the next day because AtW had not paid its invoices since April.He said: “AtW said, ‘We have changed the way we want our invoices formatted,’ but they had not informed either Penny or the taxi company.“She is a prisoner in her own home, unable to do her job because of AtW.”Deidre Brock, the SNP’s shadow spokeswoman for fair work and employment, who was also at the launch, said people were facing “nothing more nor less than discrimination”.She said the report’s 11 recommendations for improvements to the scheme – which include commitments not to place Deaf and disabled people at financial risk, and to put the scheme at the heart of the government’s strategy to increase the number of disabled people in work – were “more than acceptable” and “actually quite modest in scope”.Most of those surveyed by StopChanges2AtW had full-time jobs, while a third had received AtW for at least 10 years.But only 15 per cent of those surveyed said they found it easy to apply for AtW or to use it.Among the problems they faced were: not being told when their AtW award was ending, which left people in debt to their support workers; significant amounts of time spent disputing their needs with AtW staff; lengthy delays in assessments for support, which in some cases left people unable to take up a new job or offer of work; and lost paperwork, again leaving many people in debt.As many as 50 respondents said that without AtW they would be unemployed and reliant on benefits.Of the survey respondents, nearly half (46 per cent) said there had been changes to their AtW package, but only three per cent said this had led to an increase in their support.There was substantial evidence of: “rationing” of support by AtW, with more frequent re-assessments and tighter eligibility criteria; a higher burden of proof to show need for support; increased complexity and unnecessary repetition in AtW forms; and a perception by respondents that they were “under surveillance and suspicion”.AtW staff frequently used phrases such as “funding cuts”, “too expensive”, “need to make savings” and the “need to reduce fraud” when they told claimants that their levels of support were changing.One of those who took part in the survey, Sayeeda, said: “The way Access to Work treated me was horrible.“I was talked to in a way where the advisor thought that they knew better than me about the support that I need to do my job. It was always a very aggressive tone.”Another, Angela, said it took her seven months to secure the funding she needed to pay for support workers while she was at work.She said: “During this period, I frequently went without anything to eat and drink all day because I did not have a support worker to assist me with feeding.”A third disabled woman, Sue, said the way she had been treated by AtW “and the amount of obstacles repeatedly put in my way, have very seriously affected both my ability to continue working, and my mental health, to the point that my GP has had to intervene”.The report concludes: “An apparent agenda of cost cutting rather than investing to save is putting Deaf and Disabled people’s jobs and livelihoods at risk.“If this trend continues we will see reduced diversity in the UK workforce, and an increase in the numbers of Deaf and Disabled people claiming out of work benefits.”Asked to respond to the report, a DWP spokeswoman said: “We want more disabled people to get into employment and keep their jobs.“The Access to Work grant can provide over £40,000 of practical support a year, which is tailored to individuals’ needs and can include travel to work, support workers and specialist equipment.“We continuously review the scheme to make sure it’s working in the best way possible, and last year we launched a digital service to make the application process more accessible and efficient.“Last year 25,000 people had their request approved by Access to Work, an increase of eight per cent from 2015-16.”In the November 2015 spending review, the government pledged to increase the number of people the scheme helped by 25,000 a year by 2020, increasing spending by nearly a quarter.But earlier this month, the government was accused of manipulating statistics in an attempt to hide the ongoing barriers, cuts and harassment experienced by AtW claimants, following the release of experimental figures which showed the number of disabled people approved every year for support from the programme had fallen by 15 per cent under seven years of Conservative rule.The number of people who had Access to Work support approved in 2016-17 was nearly 2,000 higher than the previous year, but the figure for 2016-17 (23,630) was still more than 4,000 lower than in the final year of the last Labour government (27,760).Critics said the way DWP was publishing AtW statistics meant it was impossible to know how many disabled people were currently receiving support compared with previous years, or how the average level of support packages had risen or fallen.*Its publication was delayed by the general election, the parliamentary summer recess and the party political conference seasonlast_img read more

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Historical Rent Control Ruling Is Bad for Real Estate Entrepreneurs and Tenants

first_img –shares Too many disincentives for landlords will prevent new rental units from ever making it to the real estate market. The only list that measures privately-held company performance across multiple dimensions—not just revenue. Add to Queue 6 min read 2019 Entrepreneur 360 List Image credit: Piyush Hatolkar | Getty Images Historical Rent Control Ruling Is Bad for Real Estate Entrepreneurs and Tenants Alike. Here’s Why. Guest Writer May 16, 2019 Oregon recently made real estate history, becoming the first state in the union to implement rent control statewide.I know the Oregon real estate market well since I grew up there and bought my first rental property when I was 14. Given that, I know that Oregonians mean well with this new law; they want to control the out-of-control cost of living in their state.But I have to disagree with rent control as the solution. In fact, this effort to help and support the state’s most vulnerable residents will unfortunately negatively impact them the most.Why? Because rent control simply doesn’t work. Rather, it drives down construction, discourages investment in new rental properties and generally disrupts the rental market in fundamental ways.And this is far more than just an Oregon story. Similar rent control bills have recently been considered in California, New York and Colorado as well, and the city of Chicago is working on its own related regulations.It won’t work in any of those areas either.Related: 6 Amazing Tips on Turning Real Estate Into a Real FortuneToday’s real estate market is complex and interconnected.Home ownership is on the decline and rents are ever increasing. In fact, according to a report from the Terner Center at UC Berkeley, there were 600,000 fewer “owner-occupied” homes in 2016 than there were in 2015, signaling a shift in ownership of suburban homes due to the foreclosure crisis.There are simply more renters today than in the past, and the supply of new rentals isn’t keeping up with this demand. That’s what’s driving rental affordability at the moment — there just isn’t enough supply.Tenants become the victims when landlords have their hands tied.Rent control only makes this disconnect worse by creating disincentives for builders and landlords, preventing new rental units from ever making it to the market at all.Worst of all, it eats away at today’s already old rental stock, eventually impacting tenants’ quality of life. Because it costs money to own a rental property – there are ongoing maintenance costs, management costs and of course rising property taxes to pay.What happens when landlords are unable to raise their rents in order to keep up with those costs? They stop investing in their properties, and eventually they become more and more dilapidated. No more big improvements, no more preventative maintenance, no more updates.The focus shifts instead to maximizing the rent they’re able to get out of the property, the end result is run-down, cockroach-infested buildings and homes that no one can afford to fix up because rent controls have cut off their source of capital. In that situation, everybody loses.Related: Learn How to Make Smarter Real Estate InvestmentsWorkarounds are emerging.We’re already starting to see the negative impact of the new law on tenants in Oregon, as more and more property managers are talking about removing first-time tenants after 11 months under “no cause” provisions that end after the first year of occupancy. By doing so, they’re still able to evict tenants for “no cause,” effectively allowing them to sidestep rent controls and raise their rent on the next tenant based on market rates.Just like that, tenants have lost one additional month of a place to live, all to satisfy the demands of the new rent control law.That may be the best-case scenario too, as tenants with longer-term leases are suffering even more, as landlords reduce their capital expenditures on properties in order to make sure they enjoy a positive return on their investment.It’s the economically disadvantaged who get hit the hardest by rent control. Already, I’ve been receiving numerous solicitations from real estate agents wanting to assist me in selling my Oregon rentals. Who would I sell them to? It won’t be landlords, but instead those renters who can already afford to buy. This will further reduce the number and quality of rentals in the area as nicer rentals are sold. It will also push apartment owners into converting to condos and further reducing supply for the most vulnerable. It doesn’t have to be this way.There’s a smarter solution. In fact, there’s a functioning model for affordable housing to copy that’s currently being used in Singapore. I know we have a subsidized, mixed-income model in the U.S., but it is not pervasive enough or market-driven enough. In Singapore, developers are incentivized with property tax credits in exchange for setting aside a portion of their rental units for low-income families, offering them reduced rent as part of the deal.Related: ‘Million Dollar Listing’ Real Estate Expert Ryan Serhant on How Small Businesses Can Make a Big ImpactThese aren’t your typical “low income” units either. Under the terms of Singapore’s system, the rentals are required to be part of their general inventory and cannot be isolated, lower quality or otherwise different. The city then regulates all rent, so landlords receive only one rent check from the city.The system accomplishes a couple of different goals:It mixes wealth within neighborhoods. As a result, there are no exclusive wealthy neighborhoods in Singapore and no impoverished neighborhoods, because everyone lives side by side regardless of income.Neighbors don’t know who’s who. Incomes can vary by household, but they all still live right next to each other. It’s a true melting pot.By subsidizing rents in this way, Singapore allows the local rental market to function organically, with landlords making all of the decisions about screening their own tenants, rents being set by demand and the market growing as needed. The only difference is that those tenants who meet certain economic criteria are eligible for assistance and able to live in any residential building in the city. Everything else goes for market rent.For tenants, this ensures a certain standard of care and quality for the properties they are living in.For landlords, it allows them to bring in tenants of different incomes to commingle in the same neighborhoods and buildings, without giving up the power of market rates. Those market rates and tax credits incentivize more building, which increases supply and helps keep rents from skyrocketing.  It’s a model that works in Singapore, and it’s one that’s worth considering in this country as well. Because rent control isn’t the answer for landlords, tenants, or the communities they live in.   Real Estate Joe Edgar CEO of TenantCloud Opinions expressed by Entrepreneur contributors are their own. Next Article Apply Now »last_img read more

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Michael Dell Told to Raise Dell Offer as Carl Icahn Ups the

first_img July 3, 2013 Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Soyoung Kim, Michelle Sierra and Leela Parker 4 min read Add to Queue This story originally appeared on Reuters Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Next Article Image credit: Tech Inferno –shares Technology Michael Dell has been advised to raise his $24.4 billion offer for Dell Inc., coming under further pressure as billionaire investor Carl Icahn revealed he had committed more than $3 billion to back an alternative proposal.The PC maker’s special committee told Dell’s founder and chief executive a few days ago that he should raise his offer if he wants it to succeed, a person familiar with the matter said on Tuesday.The special committee, which was formed to independently assess what the best option for Dell shareholders is, came to that conclusion based on its meetings with investors as well as concerns over a key upcoming recommendation by investment advisory firm ISS, the person said.ISS is expected to publish its view on whether Michael Dell’s offer, which is backed by equity financing from buyout firm Silver Lake, is in the interest of Dell’s shareholders as early as next week. A July 18 shareholder vote on Dell’s take-private plan will follow.Despite being advised by the special committee that he should raise his offer to see the transaction through, Michael Dell was non-committal, the person added, confirming an earlier report by Bloomberg News.Dell Inc. and Silver Lake declined to comment.The special committee’s move came as Icahn and his affiliates disclosed on Tuesday they had provided $3.42 billion, or 66 percent, of the debt financing to back his bid for Dell.Investment bank Jefferies & Co. provided $1.6 billion, or 30 percent of the overall $5.2 billion in committed financing with the remainder of about $179 million coming from 14 institutional funds, including pension funds and insurance companies, according to a U.S. Securities and Exchange Commission filing.”The fact that he could not get lending from other banks suggests they are not too friendly to this,” said Steven Kaplan, a University of Chicago finance professor. “However, one must note that a few banks are locked up with the Silver Lake offer.””On the positive side, Icahn is putting a lot of money where his mouth is,” Kaplan added.Other market participants evaluating the transaction said Icahn’s move could indicate he may never have aimed to broadly distribute the deal in the first place.Calls to Carl Icahn, who runs Icahn Enterprises LP, were not immediately returned.Icahn and Southeastern Asset Management are preparing an offer that would see shareholders tender 1.1 billion shares at $14 apiece, rivalling Michael Dell’s and Silver Lake’s $24.4 billion buyout offer of $13.65 a share.The billionaire investor has said Michael Dell’s offer substantially undervalues the company. Dell’s special board committee had recommended Michael Dell’s offer to shareholders.While the financing commitment marks a crucial step forward for Icahn’s bid for Dell, it is contingent on a dozen board appointments, according to the SEC filing.Unless all 12 of the nominees proposed by Icahn and Southeastern on May 13 are elected to Dell’s board, the financing is unlikely to take place.Icahn’s proposal will also be put to shareholders only if the offer by Michael Dell and Silver Lake is not accepted by shareholders when they meet on July 18.’GAME OF CHICKEN’All eyes are now on ISS. If it moves against Michael Dell’s offer, he will be under even more pressure to raise it.”It’s a game of chicken,” a shareholder said. “Icahn’s going for the bump.”Speculation about a possible bump in the offer price began on Tuesday with a CNBC report that cited sources claiming that Michael Dell’s camp was not feeling confident that ISS will recommend his offer. An ISS spokeswoman, however, said that ISS was still working on its analysis and never signals its recommendation in advance.Another person familiar with the matter reiterated on Tuesday that neither Michael Dell nor Silver Lake have made any decision on whether to increase their offer.All sources spoke on condition of anonymity because the matter is confidential.The $5.2 billion financing deal put together by Icahn was shown to a mix of U.S. and foreign banks, asset managers, hedge funds and collateralized loan obligation (CLO) managers.Icahn’s proposed tender offer will be financed with $7.5 billion of cash on the balance sheet, the $5.2 billion credit facility and $2.9 billion from the sale of receivables.If Icahn’s proposal prevails, the loans would launch to a more broad range of institutional investors before September 30, or the three-month commitment period of the $5.2 billion loans, according to sources. Michael Dell Michael Dell Told to Raise Dell Offer as Carl Icahn Ups the Stakes Enroll Now for $5last_img read more

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Uber Agrees to Cough Up 10 Million to Settle California Suit on

first_img April 8, 2016 Reuters –shares Add to Queue 2 min read Image credit: Reuters | Lucy Nicholson Learn how to successfully navigate family business dynamics and build businesses that excel. Next Article center_img This story originally appeared on Reuters Uber Agrees to Cough Up $10 Million to Settle California Suit on Misleading Customers Register Now » Free Webinar | July 31: Secrets to Running a Successful Family Business Uber Uber Technologies Inc. agreed to a $25 million settlement to end a civil lawsuit in California that accused the ride-sharing company of misleading customers about the strength of its background checks on drivers, prosecutors in Los Angeles and San Francisco said on Thursday.Uber must pay $10 million within 60 days, and the remaining $15 million will be waived if Uber complies with the terms of the agreement for two years, the San Francisco and Los Angeles County district attorneys said in statements.”It sends a clear message to all businesses, and to startups in particular, that in the quest to quickly obtain market share laws designed to protect consumers cannot be ignored,” San Francisco District Attorney George Gascón said.Uber welcomed the settlement. “We’re glad to put this case behind us and excited to redouble our efforts serving riders and drivers across the state of California,” it said in a statement.The case was filed in December 2014 by the two district attorneys, who alleged that Uber misled its customers about the strength of its background checks on drivers.The civil complaint also contended that Uber drivers work at airports without obtaining authorization, and in the case of San Francisco, charged a $4 extra fee to passengers traveling there, without paying anything to the airport.The agreement bars Uber from making untrue statements about its background checks and from charging airport “tolls.” In addition, the company must ensure that its fare calculations meet state measurement standards.Uber said it has already made many of the changes, including no longer callings its service the “safest ride on the road” or calling its background checks “the gold standard.”(Reporting by Anet Josline Pinto in Bengaluru and Curtis Skinner in San Francisco; Editing by Fiona Ortiz)last_img read more

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The Uber of China Could IPO in 2018 Start Up Your Day

first_imgStart Up Your Day Looking for the latest headlines in small business, innovation and tech? Our Start Up Your Day recaps are posted every morning to keep you current.Prepping. The ‘Uber of China’ might be prepping for an IPO.Developed. Scientists created a see through wood as tough as glass.Rumored. Amazon might be launching its own food brands for Prime customers.Triple threat. Groups in France are taking legal action against Facebook, Youtube and Twitter, claiming the platforms do not remove homophobic, racist or discriminatory content.Do not pass go. Google plans to block flash programs in Chrome starting next year.Wait for it. A self-driving BMW is coming — but not until 2021.On the inside. Scientists have created an ingestible origami robot that unfolds itself in the stomach to patch a wound or remove objects. Staff writer. Frequently covers franchise news and food trends. May 16, 2016 Lindsay Friedman Image credit: Reuters | Jason Lee | File Photo –shares Opinions expressed by Entrepreneur contributors are their own. Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Enroll Now for $5 Add to Queue 1 min read Next Article Fireside Chat | July 25: Three Surprising Ways to Build Your Brand The Uber of China Could IPO in 2018 — Start Up Your Day Rounduplast_img read more

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Around 550000 People Become Entrepreneurs Every Month

first_img August 4, 2016 Contributor Around 550,000 People Become Entrepreneurs Every Month 2 min read Grace Reader Add to Queue Next Article Guest Writer 2019 Entrepreneur 360 Listcenter_img 359shares Small Business Heroes The only list that measures privately-held company performance across multiple dimensions—not just revenue. The rate of new entrepreneurs in the United States has been steadily growing for two years, according to a new report.The Kauffman startup index found that the rate of new entrepreneurs — or percent of non-business owning adults that started a business in a given month — has gone up from 2014, when 280 out of 100,000 adults became business owners, to 2016 when 330 out of 100,000 did. That translates to around 550,000 new entrepreneurs across the national, state and metro level every month.Two years ago, the index saw its lowest rate of new entrepreneurs in 20 years. Today, the index is at its fifth highest level.Other interesting tidbits from the report:Women in particular have seen an increase, as the rate of new entrepreneurs jumped from 220 out of 100,000 adults to 260 from 2014 to 2015.The rate of Latino entrepreneurs increased dramatically in the past 20 years. In 1996, 10 percent of new entrepreneurs were Latino. That rate jumped to 20.8 percent in 2015.There are now more older entrepreneurs than before. The rate of new entrepreneurs ages 55 to 64 increased from 14.8 percent in 1996 to 24.3 percent in 2015. With entrepreneurship on the rise, it may be time for you to get on board. Let these articles be your guide:So You Want to Be Your Own Boss… – Starting a Business …Need a Business Idea? Here are 55Entrepreneur Magazine’s Best Cities for Entrepreneurs8 Ways to Think Like an EntrepreneurLow Cost Business Ideas, How to Start a Small Business50 Habits That Prove You Were Born to Be an Entrepreneur Image credit: Shutterstock.com Opinions expressed by Entrepreneur contributors are their own. Apply Now »last_img read more

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Transplace Selects Karen Sage as Chief Marketing Officer

first_imgTransplace Selects Karen Sage as Chief Marketing Officer PRNewswireMay 30, 2019, 3:47 pmMay 30, 2019 Transplace, a leading provider of transportation management services and logistics technology solutions, announced the appointment of Karen Sage as the company’s chief marketing officer (CMO). Sage will lead the sales operations, corporate communications, and all marketing strategies and functions. She will be based out of the company’s Frisco, Texas headquarters and will report directly to CEO Frank McGuigan.#Logistics provider @Transplace names Karen Sage as #chiefmarketingofficer to lead the sales operations, corporate communications and #marketing functions [https://tinyurl.com/yyvxw99n] #logistics #3PL #supplychain #TMS“Karen is a dynamic and deeply experienced marketing executive whose leadership, insights, market expertise and creative approach will be invaluable as we move into this next stage of development for the Transplace brand,” said McGuigan. “The company is in hyper-growth mode and having a leader of Karen’s caliber ensures we continue to put our customer experience first and are able to grow and scale rapidly.”Marketing Technology News: Index Exchange Introduces Adaptive Timeout, Incorporating Machine Learning into Header BiddingSage brings more than two decades of global marketing, sales operations, product management and product marketing experience at companies ranging from start-ups to Fortune 500. Sage is known for accelerating revenue growth, building leadership brands and establishing strong marketing organizations globally. She comes to Transplace most recently from transportation management solutions (TMS) provider MercuryGate International, where she served as chief marketing officer. Prior to MercuryGate, she was the CMO at spend management solution provider SciQuest. She also had many leadership positions at CA Technologies and Cisco Systems, Inc.Marketing Technology News: Zebra Technologies to Acquire Profitect Inc.“Transplace has established itself as a clear leader in the transportation and logistics industry; consistently delivering impactful, measurable supply chain value to its customers,” Sage said. “With the company poised for continued growth and success, this is an exciting time to join the Transplace team. I look forward to helping to strengthen its position in the market and support company growth by enhancing and communicating its value to the industry.”Marketing Technology News: How Digital Can Save Brick-And-Mortar Retail with Customer Experience Objectives Cisco SystemsFrank McGuiganlogistics technology solutionsMarketing TechnologyMercuryGateNews Previous ArticleSmarterHQ Expands into Mobile With App Data Collection and Push MessagingNext Article7th China Internet Audio and Video Convention Focuses on New Marketing Driven by Synergy Between Content and Technologylast_img read more

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Funding requests are being accepted by BlueCross BlueShield of Tennessee Community Trust

first_imgReviewed by Alina Shrourou, B.Sc. (Editor)Oct 9 2018The BlueCross BlueShield of Tennessee Community Trust is accepting funding requests for January-June 2019. The deadline to submit requests for funding cycle 1 of 2019 is Nov. 1, 2018.Through the Community Trust, BlueCross BlueShield of Tennessee funds charitable health clinics and organizations that focus on youth development or disease-specific research and advocacy.Organizations such as 501(c)(3) and 501(c)(4) nonprofits, state colleges and universities, and government agencies are invited to request funding.Related StoriesComplement system shown to remove dead cells in retinitis pigmentosa, contradicting previous researchResearch sheds light on sun-induced DNA damage and repairNew research links “broken heart syndrome” to cancerThe Community Trust is a separate philanthropic entity from the BlueCross BlueShield of Tennessee Health Foundation, which funds the BlueCross Healthy Place program. That program creates and revitalizes public spaces across the state to provide Tennesseans with opportunities for connection and recreation. The application period for BlueCross Healthy Place grants closed on Oct. 8. The BlueCross BlueShield of Tennessee Health Foundation will begin accepting proposals for 2020 funding on Sept. 1, 2019.”BlueCross is committed to improving the health and well-being of all Tennesseans,” said Scott Wilson, director of community relations and foundation for BlueCross. “Through the Community Trust, we are able to support a variety of civic efforts that serve our neighbors.”The BlueCross BlueShield of Tennessee Community Trust was formed in 1999 and supports the communities it serves through charitable giving to programs that enhance and emphasize healthy living, health care access and quality of life for all.To review eligibility criteria for funding from the BlueCross BlueShield of Tennessee Community Trust, please visit www.bcbst.com. Interested organizations can request funding online. Source:Bluecross Blueshield Of Tennessee Community Trustlast_img read more

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Young men struggle much more with body image disorders than thought

first_img Source:https://geminiresearchnews.com/2018/11/men-hooked-on-muscles-struggle-with-binge-drinking-depression-and-weight-loss/ Reviewed by Alina Shrourou, B.Sc. (Editor)Nov 9 2018Young men who are overly preoccupied with building muscle have a significantly higher risk of depression, weekend binge drinking, and dieting that is not connected to obesity.They also have four times the probability of using legal and illegal supplements, and anabolic steroids, a new study from the Norwegian University of Science and Technology (NTNU) and Harvard University has shown.The study also shows that ten per cent of men have what is thought of as the more common type of body image disorder. That is, they think they are too fat and want to be thinner.According to the study, more than one in three young men have been on a diet in the past year. Their dieting was unrelated to obesity.The study brings to light many alarming findings. It is the first of its kind in Norway and internationally to investigate men and their relationship to their body and muscles.The study makes clear that boys and young men struggle much more with body image disorders than we have been aware of.Want the same body as Ronaldo”I’m thinking of taking anabolic steroids.””I don’t think my chest is muscular enough.””I feel guilty if I miss a workout.”These and similar statement were made by 2460 men aged 18-32 years who participated in Trine Tetlie Eik-Nes’ study.She is an associate professor in NTNU’s Department of Neuromedicine and Movement Science. The study was recently published in theInternational Journal of Eating Disorders, and suggests that many young men are preoccupied with a drive for muscularity.”The problem arises when the bodies of professional athletes like Ronaldo become the ideal for regular young men who have jobs, studies and family. Training has to be your full-time job if you want to look like Ronaldo. He belongs to one in a thousand of the world’s population who make their living from sports. Some people train as if they were on the national team, but they’re only exercisers. This is the difference we need be concerned about,” says Eik-Nes.She adds, “Girls are supposed to be thin and have small waistlines. Boys should have wide shoulders and big muscles. Those are the narrow ideals that young people grow up with today. It turns out that this unrealistic body image is as challenging for men as for women.”Boys asked questions more appropriate for girlsShe believes that the body image challenges facing men have flown under the radar of researchers, parents and health professionals.”We’ve been aware of young girls and eating disorders for a long time, and how unfortunate it is to grow up with role models that are so skinny. Studies have been carried out on young men too, but they were asked the same questions as girls. Boys aren’t looking to be thin. They want to have big muscles. So the questions given to girls are totally wrong if we want find out how young men see themselves and their own bodies,” says Eik-Nes.Related StoriesDiet and nutrition influence microbiome in colonic mucosaResearch sheds light on sun-induced DNA damage and repairStudy reveals link between inflammatory diet and colorectal cancer riskMuscles work like cosmeticsPrevious studies have shown that boys who are overweight, or thin and lanky, are at greatest risk of developing body image disorders as young men. The study confirmed this idea, since the men’s desire for a muscular body was unrelated to their weight.According to Eik-Nes, muscles become a form of cosmetics for muscle-obsessed men. They’re not building their strength to ski faster, or to get better at football or to improve their health.”They’re only exercising to build their muscles, without the training having anything to do with muscle function. That’s a big difference,” she says.The challenge of being satisfied with your own body is the same across all education levels. People who are highly educated are no more satisfied with their bodies than anyone else, the study indicates.Should set off alarm bells”This drive for muscularity could be a sign that young men don’t have mastery over their lives, but they may feel that they’re mastering how to work out. In this context, in simple terms, you could say that girls vomit, while boys are much more preoccupied with exercising than normal,” says Eik-Nes.She emphasizes that exercise in itself promotes health. It’s when training takes over life that it can be problematic.”Parents’ alarm bells should go off if they have a youngster who’s at the gym everyday, who just wants to eat chicken and broccoli and who consumes protein shakes or supplements all the time. If their whole world is about their workouts, parents should take the time to talk with them – for example, by asking questions about what they’re actually training for,” Eik-Nes says.Young American men were the respondents for the study, which was conducted in the United States.”The culture and the role models in the Western world are largely the same. I don’t think Norwegian men would answer much differently than the American men did. This is the first study ever that shows the relationships between the desire for muscles among men and the risks this may entail. Now we have to go ahead and investigate the extent of the problem, the risk factors and treatment options,” says Eik-Nes.last_img read more

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Gender inequality bad for everyones health finds research

first_imgGender equality. Image Credit: Ink Drop / Shutterstock Sources: Structural Sexism and Health in the United States: A New Perspective on Health Inequality and the Gender System, Patricia Homan, Published May 28, 201, https://doi.org/10.1177/0003122419848723 A simplified approach to measuring national gender inequality, Gijsbert Stoet , David C. Geary, Published: January 3, 2019, https://doi.org/10.1371/journal.pone.0205349 Researcher Patricia Homan, Assistant Professor of Sociology and an Associate of the Pepper Institute on Aging and Public Policy at Florida State University, developed a model for structural sexism to check the impact of gender inequality on health. She explained, “Researchers have known for decades that the experience of being sexually harassed or discriminated against can have a harmful effect on a woman’s health. But much less is known about the broader health consequences of living in a social environment where power, resources, roles and opportunities are unequally distributed along gender lines.”For her study Homan explained that she established a method to measure structural sexism within the different US states as well as at home within heterosexual marriages. She then correlated it with health of the men as well as women. She gathered her data from the U.S. Census and the National Longitudinal Study of Youth including over 3300 young persons. She devised three levels of structural sexism classifying them as, “macro level (U.S. state), meso level (marital dyad), and micro level (individual)”.To measure the structural sexism, Homan looked at four areas in the society – political, economical, cultural and physical or reproductive. The parameters included gender gap, wage gap associated with gender, gender difference in labour force participation and inclusion, prevalence of religious conservatives in the state that is associated with rigid gender roles, proportion of state legislature seats held by men, proportion of females in areas where there is lack of abortion providers. Choice of abortion and pregnancy as well as state level representation of women was considered to be important parameters.Homan said, “Public health scholars and international human rights organizations consider reproductive choice and access to a full range of reproductive health care services to be a fundamental human right. It’s also considered a precondition for women’s equal citizenship and participation in social, political and economic life.”Results revealed that structural sexism at the level of the state could mean poorer health outcomes for both men and women. Homan found that people who lived in states with highest structural sexism were more likely to suffer from chronic health conditions. These states include Utah, Wyoming, Mississippi, Louisiana and Oklahoma. By the age of 40 and 50 years, in these states, people reported worsening physical functions, she explained. Homan said, “This means that at the macro level structural sexism is universally harmful for population health.”Related StoriesAXT enhances cellular research product portfolio with solutions from StemBioSysSchwann cells capable of generating protective myelin over nerves finds researchAMSBIO offers new, best-in-class CAR-T cell range for research and immunotherapyAmong women facing higher levels of structural sexism in their home state, health problems were twice as much finds the study. These women, on an average looked seven years older according to their health profiles says Homan when compared to women living in states with lowest structural sexism for example in Maryland, California, Massachusetts, Vermont and Hawaii.From the study, Homan believes that gender inequality is a public health problem. She said, “The first thing we need to realize is that gender inequality in the United States is not only a human rights issue, but also a public health problem. Therefore, gender equity policy is health policy.” She called for more women representation in politics, closure of the gender based wage gap and improvement in access to reproductive health care. She says that it is by removing gender inequality that health of the community can be promoted.Related StudyGender inequality measurement should focus on life satisfactionAuthors Gijsbert Stoet from the Department of Psychology, University of Essex, UK and David C. Geary from the Department of Psychological Sciences, University of Missouri, USA this January published a study titled, “A simplified approach to measuring national gender inequality,” in the journal PLOS One.They wrote that the “Global Gender Gap Index” published first in 2006 is one of the best methods to measure national gender inequality and is widely used by policy makers and researchers. They provided a simpler method of measuring gender inequality. They used data from 134 nations between 2012 and 2016 to come up with their measurement. Some of the parameters they measured include, “disadvantages in children’s basic education, life satisfaction, and healthy life span.”They write that the GGGI measures four parameters, “1) economic participation and opportunity, 2) educational attainment, 3) health and survival, and 4) political empowerment.” The authors have come up with the Basic Index of Gender Inequality (BIGI) which looks at “the ratio of women to men on three core dimensions of life; 1) Educational opportunities in childhood; 2) Healthy life expectancy (the number of years one can expect to live in good health); and, 3) Overall life satisfaction.”The authors concluded, “…resolving gender inequality is only part of what is needed to ensure that all people can reach their full potential; overall gender parity on its own is not sufficient, because it can simply mean that both men and women lack opportunities in different facets of life quality.”center_img By Dr. Ananya Mandal, MDMay 30 2019A researcher from the Florida State University has found that gender inequality in all the U.S. states could mean adverse health outcomes. The study titled, “Structural Sexism and Health in the United States: A New Perspective on Health Inequality and the Gender System,” was published in the latest issue of the American Sociological Review. Her work has been also published in Social Forces and Social Science and Medicine.last_img read more

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Norwegian aluminum producer hit by cyberattack

first_img The Oslo-based company that is one of the world’s largest aluminum producers said Tuesday it has isolated its plants in Europe and the United States and switched to manual operations.Norsk Hydro said in a statement it is working “to contain and neutralize the attack” and isn’t yet sure of the full extent of the situation. The attack was first noticed late Monday.CFO Eivind Kallevik told analysts and reporters that the company has been working “to isolate and neutralize” the ransomware, describing the situation as serious.He said Norsk Hydro has insurance for such cyberattacks. The company’s homepage remained inaccessible Tuesday afternoon. Explore further Citation: Norwegian aluminum producer hit by cyberattack (2019, March 19) retrieved 17 July 2019 from https://phys.org/news/2019-03-norwegian-aluminum-cyberattack.html © 2019 The Associated Press. All rights reserved. Norwegian aluminum producer Norsk Hydro says it has been a targeted by “an extensive cyberattack” through a ransomware virus impacting its key operations and disrupting its IT systems. Connecticut state agencies targeted in cyberattack This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more