Yellen warns of ‘tough months’ ahead, urges congress to act

first_img TAGS  Treasury Secretary Janet Yellen listens during a meeting with President Joe Biden in the Oval Office of the White House, Friday, Jan. 29, 2021, in Washington. Pinterest Twitter Pinterest Local NewsBusinessUS News By Digital AIM Web Support – February 4, 2021 Twittercenter_img WhatsApp Facebook Yellen warns of ‘tough months’ ahead, urges congress to act Facebook WhatsApp Previous articleKeysight Delivers New Solution for Benchmarking 5G End-user Quality of Experience in Indoor EnvironmentsNext articleDr. Robin Carhart-Harris Joins Osmind as a Scientific Advisor Digital AIM Web Supportlast_img read more

RIECKEN ACCEPTS INVITATION TO ATTEND VETERANS COUNCIL “CALL TO ASSEMBLE”

first_imgDear Commander Mark Acker As a wife, who’s husband was a Navy Veteran and served three (3) consecutive  tours in Vietnam, it’s an honor for me to accept your invitation to speak at the Veteran’s Council of Vanderburgh County’s “Call to Assemble” event on September 23 held at the Veterans Memorial Coliseum.When our county called upon the brave men and women to serve their Country for the cause of Freedom, they did.  Today our Veterans are calling our local political candidates to  “Assemble” at the Veteran Memorial Coliseum and I consider it  to be a privilege and honor to participate in this event.I also share the Veteran’s Council of Vanderburgh County’s  commitment to encourage honest, open governance, with transparency and better accountability to our beloved City.  As your State Representative, I have work tirelessly on issues that effect our Veterans and shall continue, if I’m elected Mayor of Evansville.I strongly feel the “Call To Assemble” will give me the opportunity to discuss the present and the future of our great city in an open and honest dialogue.I look forward to attending this event and excited about discussing the real issues with my opponents.Sincerely,Gail RieckenMayoral Candidate For the Great City Of EvansvilleFacebookTwitterCopy LinkEmailSharelast_img read more

Samsung reports profit jump driven by strong chip demand

first_imgSEOUL, South Korea (AP) — Samsung Electronics Co. says its operating profit for the last quarter rose by more than 26% as it capped off a robust business year. But the South Korean tech giant expected its profit to weaken in the current quarter with a weak dollar and costs associated with expanded production lines. The company’s dual strength in parts and finished products allowed Samsung to thrive during the coronavirus pandemic as demand for devices and the chips that run them soared. Samsung has also dealt with legal issues surrounding its de facto chief, Lee Jae-yong, who last week was sentenced to prison in a bribery scandal.last_img read more

On Your Feet!’s Ana Villafane Is Our Next Vlogger

first_img We know you were waiting for a vlog from On Your Feet!, so it’s about time we stood up and took some action. Ana Villafañe, who’s currently channeling Grammy-winning Latin icon Gloria Estefan in the jukebox musical, is Broadway.com’s next video blogger. Get ready for Make It Happen: Backstage at On Your Feet! with Ana Villafañe.Villafañe will show us around the Marquis Theatre, where she and her co-stars do the conga, turn the beat around and count to seven. Expect appearances from her many co-stars, including Ektor Rivera, Andréa Burns and Alma Curevo.On Your Feet! marks Villafañe’s Broadway debut. Like Gloria, she grew up in Miami (they even attended the same high school). Her screen credits include Los American, Hiding and Max Steel.Make It Happen will kick off on July 28 and run every Thursday for eight weeks. Ana Villafañe(Photo: Matthew Murphy) On Your Feet! Related Showscenter_img View Comments Show Closed This production ended its run on Aug. 20, 2017last_img read more

I-89 northbound Montpelier on-ramp to close August 9

first_imgThe Vermont Agency of Transportation on Monday, August 9, 2010 will close the northbound Interstate 89 onramp at Exit 8 (Montpelier) so that crews can repair an Interstate bridge. Northbound traffic emanating from the City of Montpelier looking to access the Interstate will be detoured along Route 2 towards Middlesex, where motorists can enter the Interstate at Exit 9.The detour is expected to be in effect until the first weekend of September.During this time, I-89 will be restricted to one northbound lane at the bridge, which is located just north of Exit 8. The repairs, which involve replacing the bridge’s deck membrane, have been long planned and are part of VTrans’ regular construction schedule.Motorists using the Route 2 detour, as well as those traveling north along the Interstate and passing through the Montpelier area, are encouraged to schedule additional time into their travel plans. Commuters using the Montpelier-to-Burlington bus service may also experience delays in reaching their destination.The northbound ramp closure is necessary because the Interstate bridge in need of repair is located just feet from the onramp, and the close proximity makes it impossible to safely accommodate a traffic merge from Route 2 onto the Interstate. A similar detour was put into place the last time this bridge was repaired back in the late 1980s.Repairs will not impact the I-89 northbound off ramp into the City of Montpelier, or any part of I-89 southbound.Source: VTrans.last_img read more

Briefs

first_imgThe Tallahassee firm of Parks & Crump has established a scholarship fund to help the Florida State University College of Law attract students from groups that are historically underrepresented in the legal profession.Daryl Parks and Ben Crump, both 1995 FSU law graduates, announced they were creating the Parks & Crump Endowed Scholarship at a law school’s recent Diversity Week panel discussion.Their $25,000 scholarship requires that the recipient be a Florida resident or have the commitment to remain in Florida to practice law for at least three years after graduation.Crump said the elimination of two state-supported minority scholarship programs, the Virgil Hawkins and the Minority Participation in Legal Education Scholarship Funds, has made private scholarships more important than ever. The state scholarship programs were eliminated with the implementation of the One Florida program in 2001.“We hope that our financial gift will be a further inspiration to other African-American alums to consider making similar gifts to the school in support of minority students and in support of the law school’s efforts to attract qualified minority applicants,” he said.Dean Don Weidner said he hopes the gift would inspire others.“We are so proud of Daryl and Ben, and we are proud of the statement they make with this gift,” Weidner said. “As a part of the law school family, they have enthusiastically returned and stepped up to the plate to help us.”LexisNexis, Supreme Court strike legal research agreement April 1, 2003 Regular News The St. Thomas More Society of South Florida will hold its 14th Annual Red Mass, reception and dinner May 22 at 6 p.m. at the St. Anthony Catholic Church on N.E. 2nd Street in Ft. Lauderdale.The Red Mass will be celebrated by Archbishop John C. Favalora. A reception and dinner will follow at 7:30 p.m. at the Marriott Harbor Beach Resort on Holiday Drive. The guest speaker will be Chief Justice Harry Lee Anstead.The cost is $55 per person. Seating is limited and reservations are required. Mail checks, made payable to “St. Thomas More Society,” to Donald A. Wich, Jr., WICH, WICH & WICH, P.A., Suite 620, Coastal Tower, 2400 East Commercial Blvd., Ft. Lauderdale 33308.ABA honors England for Law Day speech Parks & Crump fund minority scholarships Briefs To enhance networking opportunities for law firms having four or fewer attorneys, the Broward County Bar Association has launched a Solo/Small Law Firm Networking Group.Unlike traditional bar association functions which bring in outside guest speakers, the Solo/Small Law Firm Networking Group “features group members who speak about their own law firm’s areas of practice, promoting the visibility of the participants,” said Nancy W. Gregoire, president of the Broward County Bar Association. “Fall and winter programs each attracted more than 40 attorneys, so we know the Networking Group has been a big hit. We’re getting positive feedback with participants telling us they’re excited about the networking relationships they are forming.”The Networking Group is part of the Broward Bar’s commitment to meeting the needs of smaller law firms, Gregoire said. “We’ve put together interactive dinner programs designed to enhance networking opportunities for solos and other small law firm practitioners,” said Loring N. Spolter, a Ft. Lauderdale employment law attorney who is section chair.At each event, seven participating attorneys are given five minutes to talk about their law practices. Everyone in attendance is mailed a directory of participants, so that members can keep in touch between dinner programs.Spolter said members are pleased that “The Networking Group is comprised of attorneys and mediators working in a variety of legal fields without any single practice type being overly represented.”While Broward County Bar members receive discounted admission, the Solo/Small Law Firm Networking Group is open to all Broward practitioners working in law firms comprised of four and fewer lawyers.The next interactive networking dinner is set for May 14, at 6 p.m. at the Ft. Lauderdale Airport Hilton. Admission is $35 for Broward County Bar Association members and $40 for nonmembers. For more information call Lee Shapiro of BankUnited, which is helping to promote and organize the event, at (954) 712-2860.Morgenson to speak at Nova The ABA Standing Committee on Public Education recently honored the Law Day 2002 speech of Arthur J. England, Jr., former chief justice of the Florida Supreme Court, and a partner with Miami-based Greenberg Traurig, at an awards breakfast at the ABA Midyear Meeting in Seattle.England is a finalist in the Judge Edward R. Finch Law Day Speech Contest. England’s speech, delivered at a Law Day luncheon sponsored by the El Paso County (Colo.) Bar Association, focused on the Law Day theme for 2002: “Celebrate Your Freedom: Assuring Equal Justice for All.” In the speech, England provided a thoughtful discussion of the concept of justice in the Bible and in the history of American law. He looked at how concepts of justice change over time, the struggle to assure access to justice, and whether there is such a thing as too much justice.The entire text of his speech can be found online at www.abanet.org/publiced/lawday/finch/2002win.html. The Shepard Broad Law Center at Nova Southeastern University will host Gretchen Morgenson, Pulitzer prize-winning columnist and business writer with The New York Times, as part of The Leo Goodwin, Sr., Chair in Law Symposium 2003, Securities Law and Policy: Integrity in the Capital Markets and Investor Confidence, chaired by NSU Professor of Law Elena Marty-Nelson.Morgenson writes the Market Watch column for the Sunday Money and Business sections of The New York Times. The Pulitzer Prize for Beat Reporting in 2002 was awarded to Morgenson for her trenchant and incisive Wall Street coverage. She was a member of the team that won the prestigious Gerald Loeb Award for deadline/beat reporting for the newspaper’s 1998 articles on the near collapse of Long Term Capital Management, the massive hedge fund whose troubles roiled the world’s financial markets.For more information on the 2003 Goodwin Symposium, visit NSU Law at www.nsulaw.nova.edu.Red Mass set for May in Ft. Lauderdale LexisNexis and the Florida Supreme Court has signed a two-year agreement for LexisNexis to provide legal research services to the Florida judiciary.Judges and their staffs at all levels of the judiciary will have access to the LexisNexis Total Research System of online legal research products.“LexisNexis provides our judges with quick access to a complete online law library that includes the Shepard’s Citation Service, Matthew Bender treatises, LexisNexis Florida Annotated Statutes, and a wealth of public records,” said Mike Love, director of information systems, Florida Supreme Court.The new contract will provide access to the online system for approximately 1,500 users — 750 judges and 750 staff members — statewide.As part of the agreement the Florida judiciary has access to the full LexisNexis library of cases, statutes, rules, regulations and other primary legal materials from all U.S. state and federal jurisdictions. In addition, the contract has been expanded to provide users with access to the company’s collection of public records, offered by the LexisNexis Total Research System.Broward Bar sets up small firm networking programlast_img read more

Leader during the day, credit union volunteer by night

first_imgWhat has management learned from shock testing? Has staff done due diligence to evaluate the cybersecurity of every vendor and every payment system with which the credit union has a digital relationship? Should officials consider changing the credit union’s balance sheet, product pricing, or investment strategy to avoid excessive interest rate risk? Ever since my first days on the NCUA Board in 2002, I have seen first-hand how credit unions are directed by many truly dedicated volunteers.I’ve visited credit unions where board members also serve as leaders in their community. In their day jobs, some advocate for affordable housing, community centers, and citizenship services. Others represent their credit union’s sponsor and advocate for workers’ rights, making it their personal mission to extend benefits to more employees.It’s so impressive how business and community leaders, who come from all walks of life during the day, become credit union volunteers by night. Committed volunteers make natural advocates for innovative and affordable financial services on behalf of their credit union’s members and potential members. They are the heart and soul of the credit union community.At the 2015 Volunteer Leadership Institute, I was reminded that they are also inspirational leaders who take their policy-setting responsibilities very seriously.It was wonderful to speak with more than 300 credit union volunteers at this meeting. I devoted most of my allotted time to answering questions about issues that are important to volunteers. The dialogue was truly refreshing. The volunteers’ questions, as always, were thoughtful and stimulating. They covered a wide range of topics, from policy issues to operations.As I usually do after meeting with credit union officials, I came back to the office with new ideas for my Regulatory Modernization Initiative. You will continue seeing those ideas in regulatory relief proposals to be presented to the NCUA Board throughout this year.Volunteers clearly enjoy asking thought-provoking questions. However, they are grappling with difficult policy issues such as interest rate risk and cybersecurity, which sometimes take them out of their comfort zone. So I have frequently been asked by volunteers: “What questions should we ask management?”In response, I posed several questions which I encourage all volunteers to ask the management of their credit unions:Questions to Ask Management about Interest Rate RiskHow is management measuring the credit union’s exposure to interest rate risk? What internal controls ensure the credit union will follow the board’s policy on interest rate risk?If answers to these questions suggest that interest rate risk may be exceeding the board’s tolerance, NCUA’s guidance on interest rate risk describes several risk-mitigation options. (See NCUA’s Interest Rate Risk Resources webpage.)Questions to Ask Management about CybersecurityWhat are the potential vulnerabilities of hackers using the credit union as an entry point to gain access to larger, interconnected systems? How could the National Institute of Standards and Technology’s new cybersecurity framework help further protect the credit union and its members? (Both the FFIEC guidance and NIST framework are posted on NCUA’s Cybersecurity Resources webpage.)First Line of DefenseVolunteers are members’ first line of defense. However, I realize that volunteers may not have expertise in areas such as asset-liability management and information technology.Yet by asking the right questions and evaluating management’s answers, volunteers are in a position to protect their credit union’s safety and soundness, just as they did during the recent financial crisis.Engaged volunteers have led credit unions diligently, from recession through recovery. Faced with new emerging risks, I am confident that volunteers can again turn unprecedented challenges into enduring opportunities. How should management consider changing the credit union’s cybersecurity protocols based on guidance from the Federal Financial Institutions Examination Council? 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Debbie Matz Debbie Matz was nominated by President Barack Obama to serve as the eighth board chair of the National Credit Union Administration (NCUA). After confirmation by the U.S. Senate on … Web: www.ncua.gov Details How should the credit union’s policy on interest rate risk be updated to reflect the Federal Reserve Board’s new interest rate forecast?last_img read more

Credit union name changes

first_img 1SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr An increasing number of banks and credit unions have either undergone a name change or are seriously considering one. Reasons for this include: the need to be more competitive, reaching additional potential new consumers, economic changes limiting the viability of single-sponsor financial institutions and general population demographic shifts.Whatever the reason your bank or credit union may have behind its need for a name change, the job is a daunting one. Changing a financial institution name involves much more than just updating letterhead and the website. To approach the name change process in a more strategic way, we recommend the following trademarked four-step plan.1) Strategic brand analysis and planChanging a financial institution name involves adaptations to the overall brand. Your new name must sync with the brand. Therefore, it is vital to conduct a complete strategic brand analysis before jumping into the nitty-gritty details of a new name, new logo, new colors, etc. The new name must reflect the entire brand, not merely what you put on the signs outside. continue reading »last_img read more

Town of Maine man, woman given felony-drug charges after narcotics bust

first_imgThe Broome County Special Investigations Unit Task Force says 33-year-old Matthew F. Zimmer and 39-year-old Samantha K. Cyr, both from the town of Maine, were charged in the bust. Three counts of criminal poession of a controlled substance in the 3rd degree, class B feloniesCriminal possession of a controlled substance in the 4th degree, a class C felonyTwo counts of criminally using drug paraphernalia in the 2nd degree, a class A misdemeanor Cyr has been charged with the following: Zimmer has been charged with the following: Criminal possession of a controlled substance in the 3rd degree, a class B felonyCriminal possession of a controlled substance in the 4th degree, a class C felonyCriminal possession of a controlled substance in the 5th degree, a class D felonyTwo counts of using criminally using drug paraphernalia in the 2nd degree, class A misdemeanorscenter_img TOWN OF MAINE (WBNG) — Two people were arrested following a drug bust in the town of Maine Friday, authorities say. The task force says investigators found around two ounces of crystal methamphetamine, around fives grams of psilocybin mushrooms, cash, digital scales and drug packaging materials at a location on Walnut Avenue. Police say Zimmer and Cyr were released on appearance tickets and scheduled to appear in the Town of Maine Court later.last_img read more

Tourist Academy – a new educational program for the development of competencies of tourism workers at all hierarchical levels

first_imgHow to develop emotional and social intelligence in employees in tourism? How to retain talent and manage intergenerational differences in the workplace in tourism? What are the successful strategies for the appearance of tourist companies on social networks? How to acquire basic professional and soft skills needed to work in tourism? How to manage revenue and introduce controlling? Tourism is a heterogeneous and labor-intensive system that is sensitive to globalization trends and impacts. As such, it represents a dynamic business environment in which the ability to quickly learn and adapt is extremely important, especially if one strives for quality service. Dependence on the human factor poses many challenges to employers and therefore the focus needs to be on quality professional development of employees. This is especially true in the tourism sector, which is affected by new trends and technologies on a daily basis and where there is a strong influx of new employees without the necessary knowledge and experience.In order to offer the market modern educational solutions that cover key areas of work in tourism, Mirakul Education Center in collaboration with leading HR experts in tourism he designed Tourist Academy, a special specialist program aimed at developing the necessary competencies in current and future employees at all hierarchical levels. A systematic approach, experiential learning and examples of (un) good practices are the way in which participants with a broader perspective of certain topics will have the opportunity to develop skills and knowledge that are important to them for their and organizational success. All lecturers have a rich teaching and experience in tourism.In the period from February 1, 2018 to April 27, 2018. all interested have the opportunity to educate themselves on key areas of business in tourism: Human Resources Management, Destination Management, Digital Marketing for Tourism Organizations, Tourism Finance Management, Sales and Soft Skills in Tourism.Each educational area consists of several modules, and participants can enroll in the complete program of the Tourist Academy (all 20 modules), an individual specialist educational area (eg only Human Resources Management in Tourism) or only a single module (eg development of emotional and social intelligence in employees). tourism). The educational program is held at the Hotel Jadran in Rijeka, and a special promotional discount of 15% is currently underway for registrations and payments until January 10, 2018.More information about the Tourist Academy, the content of individual modules, dates and lecturers, and the possibility of applying to the program, you can find on the official website www.mirakul.hr/akademija/turisticka-akademija.last_img read more