Oaktree raises Crown Resorts funding offer to $3.1bn

first_img Oaktree raises Crown Resorts funding offer to $3.1bn Regions: Australia AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 15th June 2021 | By Robert Fletcher Any selective buy-back of Crown shares held by CPH would be subject to Crown shareholder approval. Oaktree in April submitted an initial proposal to provide up to $3.00bn in funding for a share buy-back programme. Crown would be able to use the proceeds to buy back some or all of its shares held by Consolidated Press Holdings Pty (CPH) on a selective basis. Subscribe to the iGaming newsletter Crown noted that its board has not yet formed a view on the revised proposal. Australian integrated resort operator Crown Resorts has received a revised funding proposal from alternative investment management business Oaktree Capital Management worth AUS$3.1bn (£1.69bn/€1.97bn/US$2.39bn). The convertible component of the facility would allow Oaktree to convert the $1.1bn tranche into new shares in Crown at a strike price of $13.00 in specified circumstances. Tags: Crown Resorts Oaktree Oaktree said the facility would be used to fund a selective buy back of CPH’s shareholding in Crown. The term of the proposed facility is seven years, with a coupon of 6.0% per year payable for the first two years, rising to 6.5% per year from year three until the maturity of the facility.center_img The revised proposal sets out details of an increased $3.10bn facility consisting of a $2.00bn private term loan and $1.10bn loan convertible into new shares to be issued by Crown. Topics: Finance Email Address The resort operator has been the subject of significant interest from investors during recent months, having also received a number of takeover and merger offers. Crown turned down a revised proposal from Blackstone, saying the offer undervalued its business, while the operator requested more information from Star on its bid. Rival Australian land-based operator Star Entertainment Group put forward a proposal to merge with Crown and create a combined operation worth approximately $12.00bn, while private equity giant Blackstone Group submitted a takeover offer. Blackstone in March put forward an offer of $8.02bn to acquire the remaining shares in Crown, having already acquired 9.99% of the business in April 2020 with the purchase of a stake from Melco. The private equity group then increased its offer to $12.35 in cash for each Crown share, up 4% increase on the previous offer of $11.85 per share submitted, but is lower than both the $14 valuation set by Crown and the cash alternative proposed by Star. Finance The number of new Crown shares that would be issued to Oaktree upon conversion of the convertible component would be capped so that Oaktree would hold a maximum of 9.99% of the total number of Crown shares on issue. The remaining part of the component would be cash settled by Crown.last_img read more

Forget the Cash ISA! I’d buy the SSE share price for its 5% yield

first_imgForget the Cash ISA! I’d buy the SSE share price for its 5% yield Harvey Jones | Thursday, 20th February, 2020 | More on: SSE “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’ve just been looking at the latest best-buy Cash ISA rates, and they’re even worse than I feared. Right now, the best you can get on instant access is just 1.2%. Even if you lock your money away for five years, you will be lucky to get 1.7%.In days like these, a high yield is a thing of beauty and, happily, the FTSE 100 is crammed full of stocks paying generous levels of dividend income. The opportunity to get 5% or 6% a year is too good to ignore, given that the average savings account gives you a 10th of that amount, and power giant SSE (LSE: SSE) looks a particularly tempting buy today.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…SSE has been one of the most solid income stocks for the last 30 years, with many investors using its steady dividend to underpin their portfolio. Lately, they’ve enjoyed a further kicker from the rising SSE share price, up a hugely impressive 40% over 12 months.High energyYou wouldn’t normally expect that kind of share price growth from what should be a solid defensive performer, but it’s been playing catch-up after a difficult period, when many investors lost faith with the stock. Now they’re starting to believe again.The SSE share price was hit by falling earnings and rising debt, as its retail home energy operation struggled amid tough competition, lower customer demand, and the government-backed price cap. Its wholesale business has faced headwinds, as the move to net zero carbon emissions sunk its gas and coal operations, while forcing it to invest heavily in wind, hydro and pumped storage. The group’s energy trading operations also floundered.Operating profits in both these divisions fell sharply, although it’s ever-reliable networks division, which covers electricity transmission and distribution in Scotland and England, offered some ballast. SSE was nonetheless forced to cut its full-year dividend from just over 97p to 80p for 2019/20, with the inevitable negative impact on investor sentiment and the share price.Goodbye coalThings picked up after management announced in September it was successfully offloading its retail business to Ovo for £500m. Then, in December, Boris Johnson’s election win dispelled the threat of being nationalised by wannabe PM Jeremy Corbyn.The £17bn group is intensifying its push into renewables, exiting coal altogether in March. Frankly it has little choice, but one downside is that revenues may be more unreliable due to intermittent wind, and output is currently around 5% behind plan.After the recent share price surge, the stock trades at 16.4 times forecast earnings, so is no longer a bargain. Don’t expected it to rise another 40% this year. However, the 5% dividend yield looks more solid now, as management remains committed to targeting annual increases that at least keep pace with RPI inflation, until March 2023.The risk/reward trade-off compared to a Cash ISA looks positive to me, and with a fair wind behind it, I’d buy SSE for long-term dividend growth. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images. See all posts by Harvey Jones I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.last_img read more

House 1/3 / Momento

first_img Argentina Photographs CopyAbout this officeMomentoOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOn FacebookArgentinaPublished on October 06, 2020Cite: “House 1/3 / Momento” [Casa 1/3 / Momento] 06 Oct 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogSinkshansgroheBathroom Mixers – LogisVinyl Walls3MExterior Vinyl Finish – DI-NOC™ StonePartitionsSkyfoldWhere to Increase Flexibility in SchoolsTiles / Mosaic / GresiteCupa PizarrasVentilated Facade – CUPACLAD UprightGlassLAMILUXGlass Roof PR60ConcreteKrytonCrystalline Waterproofing – KIMSkylightsVELUX CommercialAtrium Longlight Skylights in ExperimentariumMetal PanelsLorin IndustriesAnodized Aluminum – Copper FinishesStonesFranken-SchotterWall Covering & CladdingWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusSwingsStudio StirlingHanging Chair – BasketWallcovering / CladdingArrigoni WoodsWood Cladding – AcousticMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Houses Architects: Momento Area Area of this architecture project House 1/3 / Momento Engineering:Raúl CabanillasCollaborators:Araceli FigueroaCity:Villa San NicolasCountry:ArgentinaMore SpecsLess SpecsSave this picture!© Gonzalo ViramonteRecommended ProductsRenders / 3D AnimationVectorworksVectorworks ArchitectRenders / 3D AnimationAUGmentectureAugmented Reality Platform – AUGmentecture™Enclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornMetallicsKriskadecorMetal Fabric – Outdoor CladdingText description provided by the architects. Casa 1/3 is the first of a series of 3 houses located on the same block in Villa San Nicolás, a quiet municipality on the outskirts of the City of Córdoba, Argentina.Save this picture!© Gonzalo ViramonteSave this picture!SectionSave this picture!© Gonzalo ViramonteIt is located on a rectangular lot which is 10 meters wide by 30 meters deep and has very strong natural and topographic characteristics, it is these that give the first ideas of design and insertion. The irregular topography of the lot generates 2 zones: A lower part towards the front and a high part towards the back. These are uneven and the distance between them is steep. The distance is approximately 5 meters.Save this picture!© Gonzalo ViramonteSave this picture!© Gonzalo ViramonteThe house is a single rectangular volume, supported in the upper part of the lot against one of its dividing walls, taking advantage of the best views towards the mountain and giving it privacy when detaching it from the ground. The approach is very simple and respectful of the topographic and natural environment, it seeks to be as non invasive as possible and it is accommodated in the sector of the lot where there is no strong vegetation or large trees.Save this picture!© Gonzalo ViramonteThe entrance is a route that goes up between the trees until it reaches the house, and is designed more as a space of permanence than as a simple staircase, it seeks to be a space to sit and enjoy nature.Save this picture!© Gonzalo ViramonteSave this picture!PlanSave this picture!© Gonzalo ViramonteProject gallerySee allShow lessHousing Reform M04 / MINIMOSelected ProjectsHouse RnEVE / ad2 architekten ZT KGSelected Projects Share Projects House 1/3 / MomentoSave this projectSaveHouse 1/3 / Momento CopyHouses•Villa San Nicolas, Argentina ArchDaily Area:  80 m² Year Completion year of this architecture project Year:  2019 Lead Architects: ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/947871/house-1-3-momento Clipboard “COPY” Photographs:  Gonzalo Viramonte Manufacturers Brands with products used in this architecture project Manufacturers: AutoDesk, Lumion, Drevo amoblamientos, Merlino, Open Tech, Peirano, Roca, Trimble “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/947871/house-1-3-momento Clipboard Gabriel Colombo, Federico Biderbost, Gastón Biderbost Save this picture!© Gonzalo Viramonte+ 22Curated by Clara Ott Sharelast_img read more

Protest marches erupt after Trump election

first_imgPhiladelphiaNov. 11 — Even as the results of the presidential election were still being tallied, which put Donald Trump ahead in votes for the Electoral College but not the popular vote, young people were taking to the streets in protest.Over the next two days, from Los Angeles to New York, from Portland, Ore., to Charlotte, N.C., thousands of people in cities across the country tied up highways, marched through the streets and chanted their abhorrence of racism, sexism, homophobia and immigrant bashing.Despite many arrests, the demonstrations continued over the next two days, Nov. 9 and 10, even as leaders of both ruling-class parties, Democrats and Republicans, urged everyone to accept a Trump administration and “heal the wounds” of a bitter election.This did not quell the spirit of resistance among the youth, many of whom are personally threatened by the rise of racist atrocities and slurs, brutality toward women and LGBTQ people, and attacks on those perceived to be Muslims and/or immigrants — which the Trump victory has encouraged.Notably absent in these demonstrations were signs of support for the Democratic Party. These were not pro-Clinton demonstrations, though many may have hoped to see a woman president for a change. They were protests against the politics of reaction on all social issues that Trump represents.Many are now talking up a major protest in Washington, D.C., at the Inauguration on Jan. 20 as the next big step in the Stop Trump groundswell.Below are eyewitness reports from just a few of the actions that followed the election.PhiladelphiaPhiladelphiaUp to 1,000 students and community members outraged by the election of Donald Trump rallied on Nov. 9 across from City Hall and then marched up North Broad Street past Temple University and into North Philly neighborhoods. Elsewhere, some 200 progressive students and members of North Philadelphia’s Temple University community gathered on campus for a speakout against Trump despite wet, cold weather. Speech after fiery speech highlighted their outrage that the sexist, racist pig Donald Trump would be the next president.Especially well represented were survivors of sexual assault, who expressed both their shock at the election of a sexual predator to the highest office in the land, as well as their determination to fight misogyny and support one another.On the next night, thousands of anti-Trump protesters shut down streets in Center City for the second night in a row. Starting at Thomas Paine Plaza,  over 3,000 demonstrators, mainly women dressed in black, held a candlelight vigil and rally before taking the streets to march on the 30th Street Amtrak Station.Called by Our 100: Philly Women in Formation, the event started from a posting on Facebook under the hashtag #GOPHandsOffMe. The rally opened by recognizing that many women who attended needed space to express their grief and concern that Trump, an admitted misogynist who openly talked of assaulting women, had been elected. However, the mood quickly shifted to one of resistance. One speaker led the crowd with a popular quote from Assata Shakur: “It is our duty to fight for our freedom. It is our duty to win. We must love each other and support each other. We have nothing to lose but our chains.”A majority of the participants were young women of color, many marching for the first time. The response from people gathered along the route of the march showed they were not alone in their insistence that Trump is “not my president.”The Facebook call stated: “We are showing the entire country that the leadership of women of color does not end with this election. We will remind people that this election was and is about our lives — black lives, women’s lives, immigrant lives, and the lives of LGBTQ folks.”Betsey PietteSeattle, Wash.In response to the Trump takeover of the government, at least 3,000 people marched here on Nov. 11 against his racist movement. They poured out into the streets with chants, “Black Lives Matter!” and “Trump’s a rapist, he’s racist, he doesn’t represent us!”The lead banner read “Stand with Standing Rock! Water is life!” The demonstration, which was initiated by Socialist Alternative, went through downtown during rush hour. The announcement of a counter-inaugural protest against Trump on Jan. 20 was cheered. The crown then marched over five miles to the University of Washington campus, where it joined a student rally against Trump that had been going on all day.  At least two Seattle high schools also had student walkouts.In the election, Washington State voters chose Dennis Habib, a progressive Iranian who is also blind, to be lieutenant governor. Habib will be the highest Iranian-born elected official in the country. Pramila Jayapal, an immigrant rights advocate, was elected to the House of Representatives from the Seventh District in Seattle, becoming the first Indian-born person elected to Congress. (Jim McMahan)Buffalo, N.Y.Buffalo, N.Y.In addition to the huge, militant crowds protesting Trump and Trumpism in all the major cities, great demonstrations took place in smaller places everywhere, including in front of the Federal Building here. It was so necessary to kick off Day One of the Resistance by getting out into the streets, raising our fists and sharing our determination.  The response — cars honked in support continuously throughout the demonstration — was loud and clear: “Don’t just mourn, organize!” (Ellie Dorrittie)ChicagoChicagoTens of thousands of demonstrators surrounded Chicago’s Trump Tower, poured into the surrounding streets and marched for hours through the Loop on Nov. 9 to protest the election of a president promising nothing but racism, bigotry and war. The multinational and mostly young crowd was received enthusiastically by pedestrians and drivers, even those trapped by the sea of demonstrators.Jeff SorelSyracuse, N.Y.Syracuse, N.Y.More than a hundred people gathered Nov. 9 in downtown Syracuse at the William Henry/Jerry Rescue Abolitionist monument for a speakout on the sorrow and rage people felt about the election of racist, woman-hater Trump. Both a documented Pakistani refugee and a U.S. citizen of Honduran parents spoke of being afraid after the election in a country that has been the only home they have known.Rebecca Fuentes and Nikeeta Slade, of the Workers’ Center of Central New York, gave a rousing appeal for support for expanded rights for farmworkers, as well as a campaign to make New York drivers’ licenses available to all, no matter people’s citizenship status. The WCCNY works with many migrant workers. The crowd cheered support for Standing Rock, LGBTQ rights and Muslim lives. At intervals they chanted “Fight, fight, fight,” “Si se puede!/ Yes, we can!” and “Act up, fight back!” in clear resolve to defeat the Trump agenda. The rally was called by the Syracuse Peace Council.Minnie Bruce PrattFacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Authorities obstruct trip to Banjul for Hydara murder anniversary

first_img GambiaAfrica News News Three journalist arrested, two radio stations closed in Gambia July 23, 2019 Find out more August 6, 2020 Find out more Receive email alerts GambiaAfrica Follow the news on Gambia News December 13, 2005 – Updated on January 20, 2016 Authorities obstruct trip to Banjul for Hydara murder anniversarycenter_img Gambia still needs to address challenges to press freedom Gambia: former president must stand trial for journalist’s murder January 27, 2020 Find out more Obstructive Gambian officials prevented a Reporters Without Borders representative from travelling today to Banjul to attend a conference being held by the Gambia Press Union (GPU) on 15-16 December to mark the first anniversary of the murder of The Point co-editor Deyda Hydara on 16 December 2004, the press freedom organisation said.“The Gambian government’s ill-will made it impossible for us to be with Hydara’s family to mark the end of a year of mourning,” Reporters Without Borders said. “We deeply regret being unable to go to Banjul to express our solidarity with Gambia’s independent press, which has suffered so much in recent years, but we reaffirm to the family our commitment to see justice done.”The head of the Reporters Without Borders Africa Desk was unable to depart this morning for Banjul because the Gambian authorities failed to issue a visa in time.The visa request, accompanied by copies of the airline tickets, a letter of invitation by the GPU and a Reporters Without Borders letter authorising the trip, was handed in to the Gambian embassy in Paris on 24 November. Visas are supposed to take 48 hours to issue. An embassy official said the visa would be ready on 28 November.Despite Reporters Without Borders’ daily calls to the embassy, no explanation has ever been given for the delay. The Gambian foreign ministry did finally tell Reporters Without Borders that the GPU’s letter of invitation was not valid because it was not addressed to the head of the Africa desk by name. GPU president Madi Ceesay immediately sent a new letter to the ministry while Reporters Without Borders sent a copy to the embassy in Paris.The Gambian foreign ministry finally gave the green light to its embassy in Paris at 6:30 p.m. yesterday (Paris time), but by then, the consular section was already closed, so it was too late to issue the visa to the Reporters Without Borders representative in time for him to board his flight for Banjul via Dakar at 9 a.m. today. In view of this behaviour by the Gambian authorities, Reporters Without Borders has decided not to go to Banjul. News RSF_en Help by sharing this information Organisation to go furtherlast_img read more

Donegal farmers say there could be more protests

first_img 75 positive cases of Covid confirmed in North Pinterest Twitter Main Evening News, Sport and Obituaries Tuesday May 25th By News Highland – October 28, 2014 Google+ Homepage BannerNews WhatsApp Donegal farmers have described a 24-hour protest outisde Foyle Meats in Carrigans as “highly successful”.The farmers 24-hour protest in Carrigans ended at 3 o clock this afternoon.The factory in Carrigans was unable to kill cattle today as a result of disruption caused by the protest.However, Meat Industry Ireland has condemned the protest describing it as ‘misguided and counter-productive’.Donegal IFA chairman PJ McMonagle says if there is no change in prices, then they will be back….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/10/pj530.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Facebook Pinterest Donegal farmers say there could be more protestscenter_img Further drop in people receiving PUP in Donegal Twitter Previous articleDonegal SFC final between this weekend may be in doubtNext articleRyanair axing Derry to Birmingham flight News Highland WhatsApp Man arrested on suspicion of drugs and criminal property offences in Derry 365 additional cases of Covid-19 in Republic Facebook RELATED ARTICLESMORE FROM AUTHOR Gardai continue to investigate Kilmacrennan fire Google+last_img read more

Michiganders who make their livings outdoors sound off on COVID-19 orders

first_imgCourtesy of Karin ZonaBy JAMES HILL, ABC NEWS(STURGIS, Mich.) — From his home in Sturgis, Michigan, Mark Zona looks out at the choppy waters of Klinger Lake with a mixture of puzzlement and worry.“It is crippling for me to not be on the water right now,” said Zona, a professional angler and the host of “Zona’s Awesome Fishing Show” on Outdoor Channel.“I have to be on the water to work,” he said. “It is hard to shoot fishing shows or videos from the shore. It’s just not possible.”But Zona’s fishing boats now rest in a barn on trailers. The pontoon boat he and his family use for pleasure cruises is tied up and idled. And Zona’s situation is not unique.The whir of an outboard engine is an integral element of the soundtrack of spring in Michigan, a state with more than 26,000 inland lakes and 120 major rivers. But under strict COVID-19 emergency orders issued by Gov. Gretchen Whitmer, all motorized boats have been banned until at least April 30. Violators face ticketing and potential misdemeanor criminal charges.While the use of motor-less craft like kayaks, sailboats and canoes is allowed — even encouraged — under Whitmer’s order, the governor and the state’s department of natural resources have decided motorboating presents unacceptable public health risks, citing reports of people congregating at public boat launches and the potential for power boaters to come in contact with others at gasoline pumps or when servicing their crafts.“The hope is that the prohibition on the use of motorized watercraft will reduce the movement of, and contact among, people, with the intent of slowing the spread of the coronavirus,” reads an FAQ page on the state government website.“I am not naive to the situation that all of us are in,” Zona said. “I don’t feel that I’m any different than any others. But the same time, I do feel that right now there are jobs and there are activities that can be done in a safe manner, adhering to social distancing.”The Michigan governor’s April 9 stay-at-home order, which augmented a version issued in March, is widely viewed as one of the nation’s most restrictive. It’s been the subject of ongoing protests in Lansing, at the state capitol, and Whitmer has received on-again, off-again criticism from President Donald Trump, who, for a time, referred dismissively to her as “that woman from Michigan.”Whitmer, who’s been mentioned as a potential running mate for presumptive Democratic nominee Joe Biden, has publicly and consistently defended the measures as necessary to try and control the pandemic in her state and to prevent an implosion of the health care system. Michigan has been particularly hard-hit by the COVID-19 pandemic, suffering the third-most deaths in the nation behind only New York and New Jersey. There have been at least 32,000 confirmed cases and nearly 2,500 deaths, according to state data through Monday.The state’s latest executive order bans gatherings of any size outside of household groups, forbids residents from traveling to second homes and prohibits all businesses, except for those designated as essential to sustain or protect life, from conducting operations that require workers to leave their residences.“To suppress the spread of COVID-19, to prevent the state’s health care system from being overwhelmed, to allow time for the production of critical test kits, ventilators, and personal protective equipment, and to avoid needless deaths,” Whitmer’s April 9 order reads, “it is reasonable and necessary to direct residents to remain at home or in their place of residence to the maximum extent feasible.”The challenges to the breadth of that order are now migrating from the state house to federal courthouses, as a growing number of businesses and residents contend that the restrictions go too far. At least six legal complaints have been filed this month, alleging that aspects of Whitmer’s decrees are overbroad, arbitrary, unconstitutional.Lawsuits against the governor have come from boaters, landscapers, property owners and individual residents who claim the orders have impermissibly restricted their businesses or their rights to move freely between homes.“When you’re talking about impacts on commerce, the courts have made very clear that you need to operate with a scalpel, not a sledgehammer,” John Bursch, an attorney for the Michigan Nursery and Landscape Association, said in an interview with ABC News.A spokesperson for Whitmer told ABC News via email that the governor’s office could not comment on pending litigation.The MNLA, which represents more than 36,000 people in landscaping, nursery and garden businesses in Michigan, argues in its suit that there is nominal public health benefit in prohibiting those companies from operating, noting that Michigan is the only state in the country to place such rigid restrictions on the industry. Many of those businesses, the group said in court filings, could safely operate with “virtually no person-to-person contact.”“On the lawn care side of things, it’s one person, one truck, in a yard by themselves working,” said Amy Upton, the association’s executive director. “We’re looking at millions and millions of dollars of impact across the supply chain. And every day that goes by, thousands and thousands of dollars more for all of our segments. Some of our members will not make it.”Whitmer’s ban on motorboating also is being contested in a new case. On Sunday, the Michigan United Conservation Clubs, a statewide organization that represents anglers, hunters and other outdoor enthusiasts, filed suit in federal court. The club’s members “have been left confused and frustrated” by the ban on motorized boats, according to its court filing.“It’s a prohibition of all boats with motors, anytime, anywhere, any river, any person and any body of water,” said Aaron Phelps, an attorney for the conservation clubs. “This is just so wildly overbroad. And it really isn’t going to do anything to address the COVID problem, because, particularly here in Michigan, lots of people live on lakes and they have their boat right out the back door.”The organizations filing suit each are seeking urgent hearings and are asking courts to issue orders that would loosen the restrictions and prevent the state from enforcing the challenged provisions. Whitmer’s order expires April 30, but it’s unclear if it will be extended, and in what form.“My biggest fear is that this could carry into May. This could carry into June,” Zona said. “You get to a point where I think a lot of common sense has been lost. It is illegal right now for me and my dachshund to go in my pontoon boat for a ride around the lake that I live on, alone.”If he could speak to the governor, Zona said he’d ask her to please reconsider the ban on motorboats, adding: “I feel it could be adjusted to where all of us are enjoying the water in a safe manner.”Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Best Value to help councils’ HR see stars

first_imgBest Value to help councils’ HR see starsOn 18 Apr 2001 in Personnel Today Three local government HR teamsaudited through Best Value have welcomed the process, despite some criticalfindings.The HR department atYork City Council received only one star from the audit in a three-star system.But Mandy Coalter,education and leisure HR manager at the council, said under-performance was thereason it was nominated.She said, “BestValue will significantly improve services, as long as it is used in the rightway – as an improvement tool and not just a box-ticking exercise. We chose HRas we knew that there were some problems and saw this as the way to iron themout.”The council was toldit has to improve its information on training, sickness and equal opportunitiesand lower turnover rates.Durham City Council’sHR department was praised for supporting the organisation’s recentrestructuring and 10 per cent staff reduction, but was criticised for having apoor performance management strategy. The Best Valueinspectors awarded Northumberland County Council’s personnel service threestars and praised its professional competence. It said it is highly valued bycustomers and likely to improve in the future.The councils have fiveyears to implement change. www.audit-commission.gov.uk Previous Article Next Article Comments are closed. Related posts:No related photos.last_img read more


first_imgLettersOn 28 May 2002 in Personnel Today Comments are closed. Related posts:No related photos. This week’s letters.Earlier this month (Personnel Today, 7 May), we asked readers to givetheir views on this year’s Top 40 Power Players league table. Here is aselection of some of the responses we received.If you are courting controversy then you have hit the nail on the head.Doubtless all these fine individuals have made contributions in their own wayand some have been rewarded handsomely for it too. I would, however, take issue over the view that they merit inclusion in sucha survey for efforts mostly restricted to their own organisations. To be a true power player you need to be able to exert your influence beyondthe boundaries of just one organisation. I argue you should be listing peoplewhose power stretches beyond their immediate areas of work and instead touchesthe lives of most people in the workplace. Being the most senior HR employee in a high profile or blue-chip company issurely not enough. Some might argue that because they are working so hard forthat organisation their influence is rather insular and therefore automaticallyrules them out of being included in such a list. I think a little more effort and thought would be appropriate to set downsome more wide-reaching criteria, and get away from the usual suspects. HR is, and always should be, a little more creative in its thinking. So comeon, let’s be a little more daring and think outside of the box. Chris Mills(Chris Mills wins a Harrods hamper for producing the most convincingargument for how the Power Players List could be improved.)Someone who was unfairly left out of the list is Hilary Campbell, HRdirector at Vertex, the business process outsourcer. Hilary joined Vertex’s parent company, United Utilities, in 1993 and threeyears later she was part of the team that helped to set up Vertex. She now has overall responsibility for more than 8,500 employees across some26 UK sites. She has extensive experience in employee transition programmes and changemanagement techniques. She has overseen some 15 transition programmes and thesuccessful transfer into Vertex of hundreds of employees from a number of majorblue-chip and public-sector organisations. Working in an industry where people are the singularly most important asset,Hilary Campbell is worthy of inclusion in any list of the HR profession’s mostinfluential performers. Deborah Sadler Vertex I have no disagreement with your top four choices, but am dismayed that morethan half of your choices represent ‘guru’s and politicians’. It is a sadindictment of our profession that so much power lies outside the professionalsin the field. For Patricia Hewitt (5th) and Bob Crow (28th) to wield such power withlittle if any ‘real’ experience of HR does not bode well. Can we have a Top 40 for HR’s unsung heroes who enthuse the rest of usday-in day-out into dealing with our ever-changing and increasing workload? David York HR Director, Coors Brewers I am not usually into personal promotion which may be why I did not appearin your list. I have been chair of the executive board of the CIPD frominception to achievement of Royal Charter – that is, Geoff Armstong’s boss;global HRD director of an organisation working in 70 countries with £100mturnover; professor of HRD at London’s largest Business School; author of 11books and president of IFTDO. But my main concern is that nowhere is the ‘not for profit’ sector evenmentioned among the 40. The sector blindness is significant and, having workedin all UK sectors, is where some of the most imaginative and strategic work isbeing undertaken. It is a £1bn sector with 185,000 organisations within it in the UK. I knowyour list isn’t meant to be representative, but quality is not only to be foundin the usual private-sector high street names. Derek Miles Training/development director, Save the Children Previous Article Next Articlelast_img read more

Chile: Guided-Missile Frigates Depart Punta Arenas

first_img Training & Education Chile: Guided-Missile Frigates Depart Punta Arenas Guided-missile frigates USS Boone (FFG 28) and USS Thach (FFG 43) departed Punta Arenas, Chile, May 24 after spending four days participating in events with the Chilean navy and community.U.S. Sailors attended Glorias Navales, a national navy celebration, and engaged in ship tours and volunteer projects with Chilean navy partners. “For the Chilean people, May 21st is a very important reminder of national history,” said Vice Adm. Rafael Gonzalez Rosenqvist, commander of the Third Naval District in Chile. “The day honors a simple navy officer who loved his family and sacrificed his life in battle. Chileans celebrate this day every year in remembrance of what one man can do for his country.”The celebration began with a military parade. A platoon from each of the Chilean armed services participated in the ceremony, rendering honors to the history of the Chilean naval service. The parade included a 21-gun salute and a wreath-laying ceremony. The commanding officers of Boone and Thach attended and presented a flower display of the U.S. flag to honor the day.The Glorias Navales celebration ended with a reception where service members from both navies and city officials could exchange stories and get acquainted.“Chile is a maritime country and you can see the primacy of the Chilean navy through the Glorias Navales events,” said Lt. Cmdr. Luke Gunnels, assistant Navy section chief, U.S. Military Group Chile.The weekend was followed by a series of joint-navy interactions. More than 30 Chilean officers from the surrounding naval bases were invited to tour Thach, May 23. Sailors from both nations also volunteered at Colegio Río Seco, a local elementary school where they spent the morning painting and doing minor electrical repairs.During the next six weeks, Boone and Thach will work with the Chilean navy in a series of small exercises leading up to multinational exercises in the Pacific (PAC) phase of UNITAS 52, hosted by the Chilean navy.The exercises are designed to increase interoperability, build trust and cooperation between the navies, and promote security and stability in the region. “The officers and crew of both Thach and Boone are excited about working with our partners in the Chilean navy during the next six weeks,” said Cmdr. Jeff Scudder, USS Thach commanding officer. “Commemorating such an important event at the start of our interaction with the Chilean navy will serve to quickly establish our ties. I know it has begun camaraderie, friendship and trust between us.”U.S. Naval Forces Southern Command/U.S. FOURTH Fleet (COMUSNAVSO/C4F) supports U.S. Southern Command joint and combined full-spectrum military operations by providing principally sea-based, forward presence to ensure freedom of maneuver in the maritime domain, to foster and sustain cooperative relationships with international partners and to fully exploit the sea as maneuver space in order to enhance regional security and promote peace, stability, and prosperity in the Caribbean, Central and South American regions.[mappress]Source: navy, May 26, 2011; View post tag: Naval View post tag: Guided-missile View post tag: Arenas View post tag: Navy View post tag: Depart Back to overview,Home naval-today Chile: Guided-Missile Frigates Depart Punta Arenas View post tag: News by topic View post tag: Chile View post tag: Frigates View post tag: Punta May 26, 2011 Share this articlelast_img read more