News / Does Zim Lines’ return to profit signal a new ruthlessness among carriers?

first_imgBy Mike Wackett 28/05/2015 After completing its painful debt restructuring in July last year Zim posted a net profit of $11m in the first quarter of 2015 – the first time that the Israeli carrier has traded in the black since 2012 – a result which it mainly attributes to “seizing business opportunities” and leaving the Asia-North Europe trade.The turnaround of Zim’s financial health has propelled the container line to fifth in Alphaliner’s carrier operating profit margin (OPM) table with an OPM of 7.7% on revenue of $792m gleaned from carryings of 560,000 teu at an average rate per teu of $1,251.Zim president and chief executive Rafi Danieli said: “We are pleased with our performance in this quarter and our return to profitability. The continuing improvement of our business results stems directly from the comprehensive initiatives the company advances, implementation of the business plan which focuses on opening new lines in profitable trade areas and seizing business opportunities.”However, the total number of containers carried in the first quarter was down 9.2% year-on-year while revenue declined by 8.6%, proving that volume is not the sole route to profitability in liner trades.Moreover, Zim did not seem to suffer any shipper backlash from the ending of the Asia-North Europe liner services in May 2014 – but it did find plenty of support for a number of ad hoc sailings it operated to North Europe during the extended peak season of last year.But the carrier was quick to pull up the ramp and discontinue these ad hoc sailings once the slack season arrived, leaving its rivals to fight each other for diminished cargo volumes.It was also quick off the mark to recognise the significantly increased demand to US east coast ports from Asia during the period of acute port congestion on the US Pacific coast, which nicely coincided with the North European downturn and lasted into the first quarter of 2015.In fact, the carrier offered a number of Asia-USEC ad hoc sailings during this period, benefiting from freight rates that were on average double those available for the west coast.Moreover, with some shippers apparently unwilling to revert back to US west coast gateways, Zim has announced that it will launch a regular Asia-US east coast liner service at the end of this month, where spot rates are still at around $1,600 more per 40ft than the west coast, at approximately $3,140.However, the danger for shippers is that if freight rates for the route drop dramatically as supply starts to exceed demand and cargo eventually returns to the west coast ports, there is a high likelihood that Zim will follow its new strategy of shutting unprofitable routes and pull the service.And with many carriers struggling to make returns on routes that have become saturated with tonnage, Zim may not be the only container line that adopts a policy of dropping unprofitable services from their networks.Indeed, after Maersk Line’s first quarter record result was termed “disappointing” by analysts, due to its loss of market share, low ship utilisation levels and a reliance on tumbling bunker fuel prices, senior executives were quick to react.Talking to Danish publication ShippingWatch Maersk Line’s new chief financial officer, Jakob Stausholm gave a stark warning to shippers. He said: “We have different tools in our toolbox that we need to use. One of them is that we will withdraw capacity where it is needed.”Shippers that have so far been able to work round temporary blanking of sailings may have more difficulty if capacity is withdrawn or services are culled completely as carriers embark on a more ruthless strategy.last_img read more

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Dialysis clinics should be able to vaccinate their patients on site

first_imgFirst OpinionDialysis clinics should be able to vaccinate their patients on site Tags CoronavirusHealth DisparitiesVaccines LaVarne A. Burton Please enter a valid email address. About the Authors Reprints Dialysis care offers lessons for achieving health equity in the U.S. @DelegateDonna Privacy Policy Related: @NMQF Donna Christensen By Donna Christensen, LaVarne A. Burton, and Gary A. Puckrein March 19, 2021 Reprintscenter_img YURI CORTEZ/AFP via Getty Images Leave this field empty if you’re human: These clinics already vaccinate patients for influenza, pneumonia, and hepatitis B, and stand ready to vaccinate for Covid-19, with existing cold-storage capability, nursing personnel for vaccine administration, and supplies to manage any side effects. Dialysis facilities already function as patient-centered medical homes in which patients receive much of their overall medical care. This ensures that the clinics would be able to thoroughly follow up and provide patients with their second doses. Furthermore, experience shows that in-clinic vaccination significantly reduces refusal rates (to exceptionally low levels of 10% to 20%) which is key, since we need to ensure that as many people as possible receive the Covid-19 vaccine.Federal vaccine allocation to community dialysis clinics cannot happen quickly enough. Lives depend on it.There is a light at the end of this very long, very dark tunnel. Emerging on the other side of this health emergency means moving quickly and wisely to reach the groups most at risk for succumbing to Covid-19. On behalf of dialysis patients, we urge the federal government to act now to establish a federal vaccine allocation for dialysis clinics.Donna Christensen is a member of the American Kidney Fund Board of Trustees, an emergency and family practice physician, former member of Congress from the U.S. Virgin Islands, and former chair of the Congressional Black Caucus Health Braintrust. LaVarne A. Burton is president and chief executive officer of the American Kidney Fund. Gary A. Puckrein is president and chief executive officer of the National Minority Quality Forum. One year after Covid-19 was declared a national emergency in the United States, and with more than 525,000 Americans having lost their lives to it so far, the country is finally beginning to make progress toward getting a handle on this terrible pandemic, thanks to the distribution of several highly effective vaccines.The vaccine distribution system seems to be working, despite considerable obstacles. We see it in the way that long-term care residents and staff, who were particularly hard hit over the past year, are experiencing falling infection and mortality rates that dovetail with extensive vaccination efforts. The success within the nation’s long-term care community after a challenging start is largely due to a partnership among stakeholders and the federal government that ensured appropriate allocation of vaccines — and end-to-end support — to protect vulnerable Americans in these facilities.It’s now time to do the same for another of the nation’s most at-risk groups: Americans living with kidney failure who rely upon life-sustaining dialysis treatments. Policymakers need to work with the nation’s dialysis providers to get this done.advertisement More than half a million Americans have kidney failure, also known as end-stage renal disease, and rely on dialysis to survive. They are disproportionately affected by Covid-19. A recent study found that 20% of people on dialysis who developed Covid-19 died from the infection, a significantly higher percentage than in the general population. Data from the Centers for Medicare and Medicaid Services show that people with kidney failure who get Covid-19 have the highest rate of hospitalization among all Medicare beneficiaries — a rate nearly seven times higher than the hospitalization rate for Medicare beneficiaries overall. [email protected] Newsletters Sign up for First Opinion A weekly digest of our opinion column, with insight from industry experts. @KidneyFund Gary A. Puckrein Most people who need dialysis have been unable to socially distance since the pandemic began. They need to go to dialysis clinics three times per week for four hours at a time, where they are exposed to other patients and staff during their life-sustaining treatments. Many have limited mobility and challenges with transportation, limiting their ability to go to a vaccination center at a large stadium or a distant clinic difficult, if not impossible.But there is a solution. If policymakers act now to allocate Covid-19 vaccines directly to the nation’s dialysis providers, they can administer them to patients. The qualified, experienced medical staff at dialysis centers and their established storage and safety protocols make it possible for the vaccine process to occur without delay to both patients and caregiving staff. Communities of color are experiencing higher rates of Covid-19 infection, hospitalization, and death than white communities, with death rates twice as high among Black people as among white people. This mirrors the existing disproportionate impact people of color have long experienced with kidney failure. Black people make up just 13% of the U.S. population but account for 35% of Americans with kidney failure; they are nearly four times more likely than white people to develop it. Ninety percent of people needing dialysis also have comorbidities like heart disease, diabetes, and hypertension that also put them at risk of developing severe Covid-19 or dying from it.advertisementlast_img read more

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Standard Life announces four new senior managers

IE Staff PenderFund names new SVP for investments Keywords AppointmentsCompanies Standard Life Assurance Co. Related news Rowan has more than 20 years experience shaping and delivering programs, partnerships and commercial contracts in the financial services and human resources sectors. He joined Standard Life in 2011 as the head of IT and shared services at its UK operations. Yanic Chagnon, vice president, retail solutions, and Philippe Toupin, vice president, group solutions, are responsible for developing and managing customer-led solutions which continue to differentiate Standard Life’s product and service offerings. They report to Michel Fortin, senior vice president, marketing and customer solutions. Chagnon has more than 18 years experience in the financial services sector. He previously served as senior manager of retail investment products and as vice-president of investment solutions at a major Canadian bank. Toupin has more than 24 years experience as a consultant in group benefits. For the last 13 years, he worked with a global, professional services company. Christine Potvin, vice president, business change and delivery will oversee collaboration between Standard Life’s Business Change and Delivery Centre and other operational activities. She will also define the required partnerships to plan, monitor and deliver the company’s large portfolio of business projects. Potvin joined Standard Life in 2001 and most recently served as vice president, customer experience, group insurance. She reports to. Sophie Fortin, senior vice president, people, business change and communications. Charles Guay, president and CEO of Standard Life said: “These appointments strengthen the depth of our leadership team. These new senior management members will play a vital role in helping to achieve our strategic objectives and to position us as a leading provider of long-term savings and investment solutions.” Montreal-based Standard Life Assurance Co. of Canada Tuesday today four senior management appointments. Graham Rowan, senior vice president, technology is responsible for all aspects of technology strategy, planning, delivery and operations, including the integration of emerging technologies to leverage the company’s innovative product and service offerings. Share this article and your comments with peers on social media TD getting new head of private wealth, financial planning CETFA elects new board leader Facebook LinkedIn Twitter read more

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Bigger, Better Fish Cleaning Tables For Warrnambool

first_imgBigger, Better Fish Cleaning Tables For Warrnambool Fishers launching their boat or casting a line at Warrnambool’s historic port will be able to clean their catch undercover and at any time using a new fish cleaning table facility.The new tables are big enough to handle anything from pinky snapper caught around Lady Bay to calamari off the breakwater and monster southern bluefin tuna caught offshore.Victorian Fisheries Authority CEO Travis Dowling said the $180,000 project had been funded in part by the State Government’s $35 million Target One Million plan, to provide better facilities for recreational fishers in the state’s south-west.“We are committed to installing new fish cleaning tables because we know great facilities are important to an enjoyable day with family in the great outdoors,” Mr Dowling said.“Arriving home after a day on the water with fresh, clean fillets ready for the pan is easier for everyone and a sure-fire way to bond around the dinner table with the people you care about most.”Four new tables and a shelter have been built near the breakwater at the port, easing congestion at the often-busy spot by replacing existing tables at the boat ramp.The set of four new tables are under cover and have lighting and running water to make it easier than ever to prepare your catch without having to use the kitchen bench at home.They are also located alongside car and trailer parking so fishers can stay conveniently close to their rigs and depart easily once fillets are bagged and on ice.Each table is 240x75cm in size and the concrete foundation includes space for two more tables to be added in the future. They’re connected to mains water and sewerage to take wastewater and fish scraps away from the bay to ensure birds, seals and other animals don’t become reliant on the leftovers.Target One Million contributed to the construction of the awesome-foursome fish cleaning facility to the tune of $80,000, while the Warrnambool City Council and Department of Transport each contributed a further $50,000.Mr Dowling said the new fish cleaning tables at Warrnambool complemented several similar upgrades in the works across Victoria. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:boat, council, Family, fish:, Fisheries, fishing, future, Government, project, running, space, trailer, Transport, Victoria, Warrnambool, Warrnambool City Council, Waterlast_img read more

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CU Boulder partnering with city and chamber on review of commercial e-scooters

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: Sept. 16, 2019 As electric scooters, or e-scooters, have become more prevalent around the country, the debate around the relatively new mode of transportation has been amplified, and regulations still vary widely from one city to the next. While commercial e-scooters are legal in the city of Denver, for instance, they are currently prohibited in the city of Boulder.E-scooters are not allowed on campus⁠—except on streets as provided for in state law⁠—and CU Boulder has no plans to allow them at this time.Campus and city transportation experts, along with the Boulder Chamber, have been working closely over the last few months to explore whether to allow commercial e-scooter companies to operate in the city of Boulder.University leaders have cited the safety of our campus community as well as concerns about accessibility as main considerations for the current prohibition of e-scooters on campus. Thousands of students, faculty and staff traverse the campus on any given day.“The CU Boulder campus is a dense hub of pedestrian activity, and the safety and accessibility of our buildings for our campus community members are top priorities,” said Kelly Fox, chief operating officer for the campus. “The addition of e-scooters to our already busy campus pathways has the potential to introduce a host of new risks. We look forward to continued collaboration with the city and the business community to further understand the unique risks on a university campus as the city and business community explore commercial e-scooter operations in the city of Boulder.”Commercial e-scooters are not currently allowed in the city of Boulder, with a city moratorium on issuing business licenses in place until February 2020. Decisions on whether to allow commercial e-scooters in the city are being explored through a joint working group that has been established.This fact-finding process includes gathering feedback from the community through an online survey and a series of demo events, including two on campus (one that occurred on Sept. 10 and another coming on Sept. 19). The university remains committed to contributing to this exploration process with the city, though any future campus decisions on commercial e-scooters will be made independently from the city.Further details of the city of Boulder’s commercial e-scooter exploration, as well as a link to the online survey, can be found on the city’s website.Categories:Deadlines & AnnouncementsCampus Communitylast_img read more

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J. Lohr Vineyards & Wines Breaks the Fourth Wall to Engage…

first_imgEmail AdvertisementSAN JOSE, Calif. – June 1, 2016– J. Lohr Vineyards & Wines (www.jlohr.com) today unveiled a comprehensive campaign entitled #YouKnowJLohr, designed to engage new and seasoned fans of J. Lohr’s flagship wines, the J. Lohr Estates Riverstone Chardonnay and Seven Oaks Cabernet Sauvignon. Building on the success of J. Lohr’s six-part video series entitled “The Perch,” in support of the Falcon’s Perch Pinot Noir, #YouKnowJLohr goes a step further and breaks the “fourth wall” in comedic videos that open a direct dialogue with the audience.“We chose to speak directly to consumers’ enthusiasm for J. Lohr in lighthearted scenarios that also underscore what’s unique about J. Lohr and our wines,” said VP Marketing, Rhonda Motil. “J. Lohr means quality, incomparable flavor and dependability from vintage to vintage, and like our wines, #YouKnowJLohr is meant to be widely enjoyed and shared. These videos capture everyday experiences and celebrate consumers’ trust in our wines.”The campaign begins with the debut of four 60 to 90 second videos for Riverstone Chardonnay, three of which focus on the consumer experience. “Me Time” addresses the calm before the Girls’ Night storm, detailing how one very opinionated hostess finds her happy place with J. Lohr wine. “Rite of Passage” captures the plight of a corporate newbie putting his best foot forward to impress his boss with Riverstone Chardonnay. “Too Many Cooks” tries to resolve a sisterly squabble in the kitchen by looking to family-owned J. Lohr as an inspiration to put their sibling issues aside. Lastly, the trade-focused video, “The Dance,” offers a behind-the-scenes look at the relationship between salespeople and their accounts. The videos also feature cameos by members of the Lohr family and the winemaking team. A quartet of comparable videos will be released in August that will feature the J. Lohr Estates Seven Oaks Cabernet Sauvignon.While the campaign name references the familiarity and confidence that consumers have with J. Lohr, which has been a pioneering winemaking leader on California’s Central Coast for more than four decades, it also provides new ways for wine enthusiasts “to know” the winery. This includes educational information about J. Lohr’s estate program, its family ownership and key quality-focused winemaking techniques. On the lifestyle side, non-video elements of the campaign include recipes, food-pairing ideas, party-planning tips, and other useful ways for customers to better “know” J. Lohr.The innovative campaign is a comprehensive initiative that includes video, social media, and Web advertising, complemented by trade and consumer print advertising, POS and branded merchandise. The #YouKnowJLohr Riverstone Campaign concludes August 31st and overlaps with the #YouKnowJLohr Seven Oaks Campaign, which commences on August 1st. For more information, please visit jlohr.com/YouKnowJLohr.About J. Lohr Vineyards & WinesFounded four decades ago by Jerry Lohr and still family-owned and operated today, J. Lohr Vineyards & Wines crafts a full line of internationally recognized wines from more than 5,000 acres of sustainably farmed estate vineyards in Paso Robles, Monterey County’s Arroyo Seco and Santa Lucia Highlands appellations, and St. Helena in the Napa Valley. Offering an expressive range of styles, J. Lohr produces four tiers of signature wines showcasing its estate grapes: J. Lohr Estates, J. Lohr Vineyard Series, J. Lohr Cuvée Series and J. Lohr Gesture.Advertisement Share Twitter Facebook ReddIt Linkedin Pinterest Home Industry News Releases J. Lohr Vineyards & Wines Breaks the Fourth Wall to Engage Consumers…Industry News ReleasesVideoWine BusinessJ. Lohr Vineyards & Wines Breaks the Fourth Wall to Engage Consumers with National #YouKnowJLohr CampaignBy Press Release – June 1, 2016 53 0 TAGS#YouKnowJLohrConsumerJ. Lohr Vineyards & Wines Previous articleHALL & WALT Taps Heather de Savoye as Director of National SalesNext articleOn-the-Ground Water Quality Improvements Funded for Sonoma Creek Vineyards by LandSmart Program Press Releaselast_img read more

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Sonoma County Winegrowers Unveil New Sustainability Label

first_imgHome Industry News Releases Sonoma County Winegrowers Unveil New Sustainability LabelIndustry News ReleasesWine BusinessSonoma County Winegrowers Unveil New Sustainability LabelBy Press Release – January 11, 2018 77 0 Share TAGSfeaturedSonoma CountySonoma County Winegrowers ReddIt Linkedin Pinterest Advertisement Initial Shipment of More Than 24,000 Cases of Sonoma County Wines Bearing New Logo Will Soon Arrive in StoresSANTA ROSA, Calif. (January 11, 2018) – After a wild year that included torrential rain, widespread flooding, sustained heat waves and a fire season that will be remembered for generations, winegrape growers seemed relieved to gather today in Santa Rosa for the Sonoma County Winegrowers’ annual 27th Annual Dollars & $ense Seminar and Tradeshow, one of California’s oldest grower and vintner gatherings.However, there is no time for rest for the global leader in sustainable winegrowing as Sonoma County closes in on its quest to become the nation’s first 100% sustainable wine region in 2019.   In fact, according to the latest Report Card published in the Sonoma County Winegrowers’ 4th Annual Sustainability Report, 92% of the county’s vineyard acres have completed the sustainability self-assessment – the first step in achieving certification.  In addition, 72% of the vineyard acreage in the county – more than 42,083 acres – has been certified sustainable.In spite of this impressive achievement, the star of the day was the new bottle label for Sonoma County sustainable wines that was unveiled at the seminar.  In a pilot project with Ferrari-Carano and Dutton Estate Wineries, it was announced that there are nearly 24,000 cases, or 284,700 bottles, of the 2017 vintage bearing the new Sonoma County sustainably grown logos bottled and ready for sale.  “This is such an exciting time for our sustainability program.  Our growers have truly adopted sustainable winegrowing just as research shows consumers are 92% more likely to buy a sustainable wine when given a choice between it and a non-sustainable grown or made wine and 63% are willing to pay a higher price for sustainable wine,” said Karissa Kruse, president of Sonoma County Winegrowers.   She added, “Now it is clear why Doug Bell, the global wine buyer for Whole Foods, stood here in 2015 and left us with one message – put sustainability on the bottle!”The label went through extensive consumer testing and proprietary research to measure effectiveness. After several revisions, the brand was finalized.  Brand guidelines were developed and adopted before the TTB-approved label was made available to qualified Sonoma County growers and winemakers.While Kruse provided a variety of good news for growers and their families, the fires and subsequent impact remained top of mind as many growers and their workers personally suffered from the fire’s devastation.  Kruse noted that despite some public perceptions of total ruin, according to the Sonoma County Agricultural Commissioner’s Office, the latest estimates show that the fires caused just $1.1 million dollars in damage to the area’s winegrape crop valued at more than $586 million with just 92 acres of the more than 60,000 vineyard acres sustaining damage.  However, the fires impacted everyone living in Sonoma County with many ag workers suffering particularly severe impacts due to the region’s high costs and lack of affordable housing.Given this reality, the Sonoma County Grape Growers Foundation (SCGGF) announced a partnership with the Sonoma County Farm Bureau ten days after the fires began to establish a housing recovery fund for ag workers and their families who were displaced from their homes by the fires.  Since the fund was announced on October 18, 2017, more than $700,000 has been raised from contributors in Sonoma County, throughout California and around the world. In December, the Foundation began distributing funds to individuals and families who were totally displaced by the fire, incurred damage to their homes or lost wages during the historic disaster.  The funds were distributed in the form of Visa gift cards to purchase new household items, food and supplies and to help pay utilities.  To address the need for temporary or new housing, funds have also been paid by the Foundation directly to landlords for rent.  As the immediate needs are met, any remaining funds will be used by the Foundation to address the long-term need for affordable housing for ag workers, especially given the total loss of homes from the fires in Sonoma County.“We greatly appreciate the generous donation of $74,000 in gift cards to the Farm Worker Residents of Burbank Housing who were impacted by the fires,” said Larry Florin, chief executive officer of Burbank Housing.  He added, “Ag workers struggle to keep up with the rising cost of living in the North Bay and wildfire recovery which is why your donation was so important.  As we delivered your gift cards from door to door the smiles on their faces and the empty spaces under their Christmas trees, made it clear what an impact your generosity would have this holiday.”In a sign that 2018 not only is a new year but a new normal for all living and working in Sonoma County, Kruse announced a new Sustainability Camp will be held this summer during harvest for wine lovers, earth lovers and lovers of a good time.  An announcement with more specifics about the Camp will be made in the coming weeks.“Not only will Sustainability Camp help bring visitors back to wine country, it will provide them with a unique insight into the benefits of sustainable grape growing and the efforts being made by local growers and their families while exposing them to the unique wine country lifestyle and hospitality we all love and treasure now more than ever,” said Kruse.  She concluded, “I love being a part of this community and I am proud to be Sonoma County strong and sustainable.”About Sonoma County Winegrowers:The Sonoma County Winegrape Commission, also known as Sonoma County Winegrowers (SCW), was established in 2006 as a marketing and educational organization dedicated to the promotion and preservation of Sonoma County as one of the world’s premier grape growing regions. SCW has oversight by California Department of Food and Agriculture which supports producer regions. With more than 1,800 growers, SCW’s goal is to increase awareness and recognition of the quality and diversity of Sonoma County’s grapes and wines through dynamic marketing and educational programs targeted to wine consumers around the world.In January 2014, SCW committed to becoming the nation’s first 100% sustainable winegrowing region in 2019. As of December 2017, 92% of the vineyard acreage in Sonoma County has gone through the sustainability self-assessment and 72% of vineyards are certified by a third party auditor.  These sustainability efforts were recently recognized with California’s highest environmental honor, the 2016 Governor’s Environmental and Economic Leadership Award (GEELA).  Learn more at www.sonomawinegrape.orgAbout the Sonoma County Grape Growers Foundation:The Sonoma County Grape Growers Foundation (SCGGF) was first established in 2002 as a 501(c)(3) organization to help fund educational workshops in Spanish for agricultural employees. Relaunched in January of 2016, SCGGF is focused on improving the lives of Sonoma County’s agricultural employees and their families, while ensuring Sonoma County remains a place where agricultural workers will continue to live, work and thrive. SCGGF collaborates with various community-based organizations and government agencies to identify existing resources, leverage available support and create new programs to assist local agricultural employees and their families. This includes a focus on healthcare, affordable housing, childcare, workforce development and education. The Foundation is managed by the Sonoma County Winegrowers with a 12-member board of directors comprised of agricultural leaders, vineyard owners, winery executives, and other Sonoma County community leaders.Advertisement Twitter Facebook Email Previous articleRepublic National Distributing Company, Breakthru Beverage Group Announce Key Executive AppointmentNext articleOregon Winegrowers Association Presents Senator Jackie Winters with its First Oregon Wine Leadership Award Press Releaselast_img read more

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Telecom Italia board stands by chairman Recchi

first_img Previous ArticleApple takes top spot in wearables battleNext ArticleHuawei bucks declining tablet shipment trend Vivendi CEO Arnaud de Puyfontaine missed out on the executive chairman’s role at Telecom Italia, as the operator’s newly appointed board of directors opted to stick with current chair Giuseppe Recchi (pictured).However, the French media company’s chief was appointed deputy chairman by a majority vote during a board meeting held today in which the tenures of Telecom Italia’s CEO Flavio Cattaneo and CFO Piergiorgio Peluso were also renewed.The board’s decision signals an end to recent speculation Vivendi would push to appoint de Puyfontaine as chairman of Telecom Italia, which was sparked in April when the French-headquartered company nominated ten candidates for the Telecom Italia board.Telecom Italia shareholders approved all ten of Vivendi’s candidates, and its proposal to reduce the total number of board members from 16 to 15 at a meeting on 4 May.In late April, proxy advisory company Institutional Shareholder Services cautioned shareholders against choosing de Puyfontaine as chairman, noting the Vivendi executive would be left over-boarded by the decision – referring to his roles on the board of several companies: Telecom Italia, Schibsted and Gloo Networks. Telecom ItaliaVivendi Telecom Italia bets on long-term renewable energy Michael doesn’t want to admit that he has been a journalist and editor for close to 20 years covering a diverse set of subjects including shipping and shipbuilding, fixed and mobile telecoms, and motorcycling…More Read more Telecom Italia confident on hitting annual goals AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 05 MAY 2017 Relatedcenter_img Tags Las grandes operadoras europeas ponen condiciones a las RAN abiertas Author Español Michael Carroll Home Telecom Italia board stands by chairman Recchilast_img read more

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Uber secures Khosrowshahi, drops app tracking feature

first_img China targets 33 apps for illegal data collection Joseph Waring joins Mobile World Live as the Asia editor for its new Asia channel. Before joining the GSMA, Joseph was group editor for Telecom Asia for more than ten years. In addition to writing features, news and blogs, he… Read more data privacyUber Related AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 30 AUG 2017 Joseph Waring Author Apps center_img HomeAppsNews Uber secures Khosrowshahi, drops app tracking feature Google tipped for Android privacy upgrade FTC probes big tech privacy practices Previous ArticleEdotco bolsters tower portfolio with Pakistan dealNext ArticleGoogle bows to EC antitrust order Tags It’s been a busy week for US-headquartered Uber – and it’s only Wednesday.The company named head of Expedia, Dara Khosrowshahi, as its new CEO, dropped a controversial feature which tracked customers after a journey, introduced insurance for some drivers, and paid a PHP190 million ($3.7 million) fine in the Philippines to lift a suspension.Khosrowshahi, the unanimous choice of Uber’s board as CEO, accepted an offer to lead the company, BBC News reported. The executive joins Uber following a 12-year stint as CEO of online travel booking company Expedia and replaces Travis Kalanick, Uber’s co-founder and CEO, who resigned in June following shareholder pressure.App amendmentTo address complaints about how it handles customer data, Uber said yesterday it will remove a tracking feature from its app, Reuters reported. The change means users’ location data can only be shared when they are using the app.The company also announced it will offer its 450,000 drivers in India free insurance covering hospitalisation, disability and death due to accident, Reuters said. Uber drivers in the country went on strike earlier in the year after the company reduced some of the benefits it offered to trim costs. The company faces strong competition from local rival Ola.Meanwhile, in the Philippines, Uber overturned a one-month ban after paying a Land Transportation Franchising and Regulatory Board (LTFRB) fine. The company also agreed to pay affected drivers PHP299 million in compensation. LTFRB suspended Uber’s accreditation due to the company violating a directive to stop accepting new driver applications.Adding to the company’s troubles, it announced it is cooperating with a US Department of Justice investigation looking into whether its managers bribed foreign officials.last_img read more

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FVCC Faces $1.2 Million Funding Cut

first_imgFlathead Valley Community College could face losing $1.2 million in state funding if the Legislature’s budget proposal goes through, portending a potential increase in tuition and narrowing of programs offered at the school.According to FVCC president Jane Karas, the cuts that lawmakers are proposing for higher education could effectively lead to more expenses for students and fewer classes.“It means it could be a 15 to 18 percent tuition hike,” Karas said in an interview last week.If the changes to the appropriation formula for two-year colleges go through, there would be less money going to FVCC, Dawson Community College, and Miles Community College.The formula itself is written into Montana law and involves several factors, including the amount of full-time students at the college, how much education costs per student, and the budget from the previous year. The Legislature determined that this formula would account for the cost of education, and that the state should fund 50.8 percent of that number.The Appropriations Subcommittee on Education recommended decreasing the percentage to 47.05, which passed out of committee and made it into House Bill 2, the budget bill, which the state House passed and sent to the Senate last week.Reducing FVCC’s budget by $1.2 million would likely affect programming as well as tuition, Karas said. The school might not be able to offer a certain class every semester, and some classes might have reduced days on which they are offered.Karas said the state’s funding mechanism is already tough on FVCC because 62 percent of the school’s students take classes on a part-time basis, meaning at least two or three are counted as one full-time equivalent student.“Those are a lot of people who work and go to school full-time,” Karas said.Ninety-six percent of FVCC’s students are Montanans, with 92 percent from Flathead and neighboring counties. The 2017 spring semester saw 2,447 students taking classes, a slight increase from spring 2016. Karas said 70 percent of the student body qualifies for financial assistance.Karas said the college is continually in conversations with local employers about their needs and wants to develop programs to fit those needs. This was a big theme during the recession, when the school had a 55 percent enrollment increase as well as additions to the two-year programs and four-year partnerships with state universities.“We’ve been very fortunate,” she said. “We’ve been able to add new programs.”Some of the most popular additions were in advanced manufacturing and firearms technology, and Karas said the college gets students from around the state for its unique programs in surveying, culinary arts, brewery science, and goldsmithing. Also, the school’s health care programs continue robustly, given the need to fill health care jobs in the valley.The school hopes to add a new medical lab technician program in the fall.“I think everybody in this state and in Northwest Montana understands the importance of education,” Karas said.The college is almost done with its $7.7 million student-housing facility, which houses 124 beds. Applications for those beds are already coming in. And on April 7, the college will host the public for its 50th anniversary Founders’ Day Celebration on the campus green from 5 p.m. to 8 p.m.Karas said the Flathead’s legislative delegation has been open and supportive regarding her concerns. The state budget bill was transmitted to the Senate Finance and Claims Committee, where it will face many hearings and potential amendments before hitting the Senate floor for another chance at amendments and a vote. Email Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox.last_img read more

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