Category: azwnolxx

BAE eyes $2bn US assets sale

first_imgSunday 12 September 2010 10:48 pm Show Comments ▼ Tags: NULL KCS-content Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof BAE SYSTEMS, Britain’s largest defence contractor, has put parts of its US commercial aerospace operation on the block in a move that could raise up to $2bn (£1.3bn).In a step to trim its none-core operations ahead of government defence spending cuts in London and Washington, BAE is understood to be soliciting bids for segments of its “platform solutions” subsidiary. One of the units up for sale makes aircraft engine controls and cockpit avionics, while the other manufactures hybrid engines for buses.Investment bankers from JPMorgan and Wells Fargo are said to be advising on the potential disposals. First-round bids are expected within the next four weeks. As well as private equity firms, rivals Moog, Honeywell and Hamilton Sundstrand are expected to show an interest.The news comes amid signs of dire times approaching for companies exposed to reductions western governments’ defence budgets.Last week, BAE chief executive Ian King said he had been asked by ministers to provide detailed financial costs on cancelling both of the planned Royal Navy aircraft carriers. King warned the defence select committee axing the £5bn programme would put Britain’s entire shipbuilding industry at risk. The company also said it would shed 1,000 jobs, mostly in its military air division.BAE declined to comment on any plans to divest assets in the US. center_img whatsapp BAE eyes $2bn US assets sale by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com Share whatsapplast_img read more


September 4, 2021 0

RBC makes £963m offer for Bluebay

first_img BLUEBAY Asset Management has accepted a takeover offer from Royal Bank of Canada (RBC), it said yesterday, in a deal which values the fixed income investment firm at £963m ($1.5bn). Bluebay shareholders, if they agree to the deal, will receive 485p per share representing a premium of 29.1 per cent on the fund manager’s closing price of 375.70p on 15 October and a 57.7 per cent rise on the average closing price of Bluebay shares of 307.63p for the previous three months.Investors that register for Bluebay shares by 5 November will also receive the proposed dividend of 7.5p per share for the financial year ending 30 June 2010 meaning the total price per share would be 492.5p.Bluebay’s share price shot up nearly 30 per cent, or 111.6p per share, on the announcement to 487.30p per share.The fund manager’s directors, who collectively own 20.5 per cent of the company, have given RBC irrevocable undertakings to vote in favour of the deal. Assuming the other shareholders accept the offer at the company’s annual general meeting on 23 November, RBC should take ownership of the fund manager in early December. George Lewis, group head of RBC wealth management, said: “This acquisition will further RBC’s strategy to leverage our position as a top 10 global wealth manager, and continue to expand our asset management solutions for the benefit of our clients around the world. Bluebay is an ideal fit with RBC’s growing asset management business.”Separately, Bluebay reported pre-tax profit increased some 118 per cent to £50m on assets under management (AUM) which increased 41 per cent to $34.3bn for the year ending 30 June.It also reported a 17 per cent – or $5.7bn – increase in AUM to $40bn for the three-month period to the end of September.JEREMY SILLEMCO-FOUNDERSPENCER HOUSE PARTNERSSpencer House Partners (SHP) has acted as Bluebay’s financial adviser for over four years. During this time it advised Bluebay on strategic direction including the decision to list on the London stock exchange in 2006. It has also advised on talks with Royal Bank of Canada. SHP was established in 2006 by Lord Rothschild and Jeremy Sillem to provide banking services to companies in the financial services industry, with a particular focus on asset management businesses. The firm offers strategic advice and will often take equity stakes in companies. Prior to establishing SHP, Sillem was the chairman of Bear Stearns International from May 2000 until January 2004. Before joining Bear Stearns, he spent a 28-year career with investment bank Lazard. In 2007 SHP advised a consortium including Crestview Partners, RIT Capital Partners and interests of Lord Rothschild, on the acquisition of a 24.9 per cent interest in fund manager Martin Currie with Sillem appointed to the board as a non-executive director. A year earlier SHP acquired a minority stake in investment advisers Partners Capital. It still plays an active role assisting the management with the strategic development of the company. Sillem is a member of the advisory board of Partners Capital.BLUEBAY’S FOUNDERS SET FOR BUMPER PAYDAY FROM DEAL WITH ROYAL BANK OF CANADATHE founders of BlueBay Asset Management stand to make £81m each from their remaining 8.5 per cent stakes in the business if the sale of the fund manager goes through as expected.Chief executive Hugh Willis, and chief investment officer Mark Poole are already very wealthy men featuring in the Sunday Times Rich List regularly. Prior to founding Bluebay Willis, 51,spent eight years at JP Morgan, where he was co-head of its European credit arbitrage group. He also held senior positions within the global credit arbitrage group of Kleinwort Benson and the fixed income management groups of both Banca della Svizzera and Daiwa Securities Trust and Banking.Poole, 49, spent several years at Credit Suisse First Boston and JP Morgan. He also held senior positions within the global credit arbitrage group of Kleinwort Benson.Willis and Poole cut their stakes in Bluebay in February this year when they each raised £21m by selling 6.5m shares at 325p, although the firm said the proceeds of that sale have been ploughed back into the company through new fund launches.Today’s cash takeover bid at 485p a share, is at a 29 per cent premium on Friday’s closing price and a 49 per cent premium on the founders’ previous share placing in February. The two directors will be obliged to reinvest a quarter of the money they receive as part of the RBC deal – after tax – back into Bluebay’s funds. Following the deal, if either man leaves the company within three years, 40 per cent of the money they have invested under the agreement will be “subject to forfeiture”. Both men have also agreed to increase the proportion of their future pay that will be deferred in bonuses from 40 per cent to 60 per cent.Other investors likely to do well from the sale include Aegon Asset Management, which owns over 4 per cent of Bluebay and stands to make around £39m from the sale, and Ignis Investment Securities, which owns over 3 per cent and stands to make at least £29m. Willis and Poole founded the company in 2001 and floated it on the London stock exchange in 2006 with an initial valuation of £517m making their stakes then worth £30m each. Tags: NULL More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comWhy people are finding dryer sheets in their mailboxesnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comConnecticut man dies after crashing Harley into live bearnypost.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.com whatsapp RBC makes £963m offer for Bluebay Monday 18 October 2010 8:27 pmcenter_img Share KCS-content whatsapp Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoNoteabley25 Funny Notes Written By StrangersNoteableyUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndomoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comUndoMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesUndo Show Comments ▼last_img read more


September 4, 2021 0

Pay settlements creep upwards

first_imgThursday 31 March 2011 7:19 pm Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was Famous, Now She Works In {State}MoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesDrivepedia20 Of The Most Underrated Vintage CarsDrivepediaBetterBeDrones Capture Images No One Was Suppose to SeeBetterBePeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.com AVERAGE pay deals in manufacturing firms increased by 0.2 per cent to 2.4 per cent in the three months to the end of February, manufacturing group EEF announced yesterday.However, the growth is merely returning settlements to normal levels, following record lows seen during the recession, EEF said. “Continued caution due to economic uncertainty is outweighing any demands for significant increases in pay settlements,” it said. whatsapp Read This NextWATCH: Shohei Ohtani continues home run tear, Los Angeles Angels winSportsnautYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofChicken Bao: Delicious Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofBaked Sesame Salmon: Recipes Worth CookingFamily Proof’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img Tags: NULL whatsapp Pay settlements creep upwards KCS-content Show Comments ▼last_img read more


September 4, 2021 0

The Kenya Power & Lighting Company Plc (KPLC.ke) 2018 Annual Report

first_imgThe Kenya Power & Lighting Company Plc (KPLC.ke) listed on the Nairobi Securities Exchange under the Energy sector has released it’s 2018 annual report.For more information about The Kenya Power & Lighting Company Plc (KPLC.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the The Kenya Power & Lighting Company Plc (KPLC.ke) company page on AfricanFinancials.Document: The Kenya Power & Lighting Company Plc (KPLC.ke)  2018 annual report.Company ProfileThe Kenya Power & Lighting Company Plc formerly (Kenya Power & Lighting Company Limited) (Kenya Power or KPLC) is an electricity company in Kenya with interests in geothermal, hydro and thermal power generation as well as power generated from solar and wind sources. Formerly known as East Africa Power & Lighting Limited, the company changed its name to The Kenya Power and Lighting Company Limited in 1983. The company transmits, distributes and retails electricity to customers throughout Kenya and is a national electric utility company; managing electric metering, licensing, billing, emergency electricity services and customer relations. KPLC also offers optic fiber connectivity to telecommunication companies through an optical fiber cable network which runs along high voltage power lines across the country and feeds into the national power grid throughout Kenya. Kenya Power’s head office is in Nairobi, Kenya. The Kenya Power & Lighting Company Plc is listed on the Nairobi Securities Exchangelast_img read more


July 12, 2021 0

Rak Unity Petroleum Company Plc (RAKUNT.ng) HY2019 Interim Report

first_imgRak Unity Petroleum Company Plc (RAKUNT.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2019 interim results for the half year.For more information about Rak Unity Petroleum Company Plc (RAKUNT.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Rak Unity Petroleum Company Plc (RAKUNT.ng) company page on AfricanFinancials.Document: Rak Unity Petroleum Company Plc (RAKUNT.ng)  2019 interim results for the half year.Company ProfileRak Unity Petroleum Company Plc sells and distributes a range of petroleum products in Nigeria and has business interests in storing oil, gas and kerosene. The company’s Bulk division sells petroleum products in bulk which includes premium motor spirits, automotive gas oil, dual purpose kerosene and lubricants. The Retail division sells petroleum products through a network of retail outlets in the major towns and cities of Nigeria. The Dump division sells petroleum products through dumpsites at customers’ premises. Lubricants are marketed in partnership with an international lube manufacturer. Rak Unity Petroleum Company Plc is listed on the Nigerian Stock Exchangelast_img read more


July 12, 2021 0

5.5% dividend yields! Should I buy this FTSE 100 reopening stock today?

first_img Get the full details on this £5 stock now – while your report is free. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. 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. Our 6 ‘Best Buys Now’ Shares Royston Wild | Sunday, 28th March, 2021 | More on: LAND Simply click below to discover how you can take advantage of this. 5.5% dividend yields! Should I buy this FTSE 100 reopening stock today? Royston Wild owns shares of Tritax Big Box REIT. The Motley Fool UK has recommended Landsec and Tritax Big Box REIT. 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. FREE REPORT: Why this £5 stock could be set to surge Image source: Getty Images Enter Your Email Address Market demand for reopening shares — stocks which investors think will thrive as Covid-19 lockdowns end — has shot through the roof recently.And at first glance, Land Securities (LSE: LAND) would seem to be a great reopening stock for dividend lovers. City analysts think this FTSE 100 share will report earnings growth of 34% and 7% in the fiscal years to March 2022 and 2023 respectively, as Covid-19 lockdowns end and the public flock back to its shopping malls and office complexes.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…They’re projections which prompt expectations of meaty annual dividend hikes. And as a result, Land Securities boasts big yields of 5% and 5.5% for financial 2022 and 2023. To crown things off, the company trades on a rock-bottom forward price-to-earnings growth (PEG) ratio of 0.5. Any reading below 1 suggests a UK share is undervalued by the market.The pros and cons of this reopening stockOn paper, there’s clearly a lot to like about Land Securities. But I’ve severe reservations about retail-exposed property companies like this as robust reopening stocks. It’s not just because the predicted number of business casualties in the short-to-medium term could balloon if coronavirus rates tick up again and lockdowns return. It’s because rising cost pressures for retailers, the soaring popularity of e-commerce, and increasing consumer spending on leisure and experiences over goods create huge long-term challenges for the company.The mass adoption of flexible working practices after Covid-19 might smack the need for Landsec’s offices too. Though there are suggestions that predictions of seismic changes in the way people work might have been exaggerated. Take recent data from KPMG as an example. Its survey of chief executives showed that 17% plan to downsize their office space following Covid-19. That compares with almost 70% of executives it quizzed in August.On the plus side, Landsec is taking steps to rejuvenate its retail spaces to bring customers back in their droves. These measures include diversifying the tenant mix in its shopping centres away from pure retail and taking steps to improve the customer experience. It’s also selling off non-core leisure, hotel and retail park assets to redeploy capital into higher-growth areas.Are these superior UK shares?In my view though, the threats to Landsec’s long-term future far outweigh the possible opportunities for investors. This is why I won’t be buying this reopening stock for my Stocks and Shares ISA. I think there are much better property shares to buy for strong profits growth and big dividends today.Indeed, I bought 3.8%-yielding Tritax Big Box for my ISA back in 2020. Even though this property play could also see tenants default if consumer spending slumps, I feel that its critical role in warehousing and logistics makes it a great way to play the e-commerce explosion.I’m also thinking about buying The PRS REIT for my UK shares portfolio. I think a shortage of rental homes makes this accommodation supplier a great buy, despite concerns over an overheated housing market. This UK share carries a mighty 4.7% dividend yield. See all posts by Royston Wildlast_img read more


July 5, 2021 0

Apopka Burglary Report

first_imgShare on Facebook Tweet on Twitter 5/26/2018 4:18BUSINESS1700 block of S ORANGE BLOSSOM TRL  5/22/2018 7:30amVEHICLE2300 block of E SEMORAN BLVD  Apopka Burglary Report: Week Ending – 5/26/2018The Apopka Burglary Report for the week ending May 26th shows 14 burglaries reported in the City of Apopka.Chief Michael McKinley of the Apopka Police Department tells us that many vehicle burglaries could have been prevented if everyone remembers to do just two things:Remove all valuables from your vehicleLock your car doorsThe breakdown of the burglaries reported to the Apopka Police Department last week:3 – Business0 – Residential11 – VehicleHere is a list of the burglaries, along with their date, time, type, and location: 5/24/2018 2:35pmVEHICLE3000 BLOCK of CRAIGSHER DR  You have entered an incorrect email address! Please enter your email address here 5/22/2018 7:34amVEHICLE2500 block of E SEMORAN BLVD  5/24/2018 10:16amVEHICLE100 block of S FOREST AVE  5/23/2018 8:26amVEHICLE1000 BLOCK of WINDY WAY  5/23/2018 8:37amBUSINESS100 block of S PARK AVE  5/22/2018 5:52amVEHICLE3000 BLOCK of CHANDLER ESTATES DR  5/25/2018 3:51amBUSINESS100 block of S PARK AVE  LEAVE A REPLY Cancel reply 5/20/2018 12:39pmVEHICLE100 block of SEMORAN COMMERCE PL  TAGSApopka Burglary ReportApopka Police DepartmentBusiness Burglary ReportResidential Burglary ReportVehicle Burglary Report Previous articleComing to Netflix in June… and leavingNext articleFEMA approves $21 million to reimburse Florida recovery projects Denise Connell RELATED ARTICLESMORE FROM AUTHOR 5/23/2018 2:36pmVEHICLE4000 BLOCK of CHANDLER ESTATES DR  5/25/2018 10:23pmVEHICLE2300 block of E SEMORAN BLVD  UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 Please enter your name here Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom Please enter your comment! 5/22/2018 9:34amVEHICLE3000 BLOCK of CHANDLER ESTATES DR  Florida gas prices jump 12 cents; most expensive since 2014 5/21/2018 1:23pmVEHICLE500 BLOCK of LAKE BRIDGE LN  Save my name, email, and website in this browser for the next time I comment.last_img read more


June 19, 2021 0

Fundraiser becomes Chief Executive at JDRF

first_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Fundraiser becomes Chief Executive at JDRF Tagged with: Management Recruitment / people AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  19 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Karen Addington, former Head of Corporate and Community Fundraising at Diabetes UK, has been appointed Chief Executive of Juvenile Diabetes Research Foundation UK (JDRF).Karen has 15 years of experience in both the voluntary and commercial sectors and a track record in business development. Before joining Diabetes UK she held roles at Dresdner Kleinwort Benson and NCH. Advertisement Howard Lake | 15 September 2005 | Newslast_img read more


June 16, 2021 0

On the picket line

first_imgRetail workers win wage increasesAs campaigns to raise the minimum wage to $15 continue to grow, some retail giants are acknowledging that struggle by granting minor pay raises to workers. Big box retailer Target, which employs some 347,000 workers in the U.S., announced plans March 18 to increase wages to at least $9 per hour in coming months. (New York Times, March 19) This followed an announcement by Walmart, which pledged to raise its base pay to $9 an hour by April and $10 by next February. (CNBC.com, Feb. 19) While the raises will benefit a total of more than 800,000 workers across the country, these concessions fall well short of workers’ demands for union jobs at living wages.McDonald’s “cynical and mean-spirited” stuntIn a move described by workers and advocates as a “cynical and mean-spirited” publicity stunt, McDonald’s announced April 1 — April Fool’s Day no less! — that the billion-dollar chain would increase average hourly pay from $9.01 to $9.90 by July. Buried in the fine print, however, is that the raise will apply only to 90,000 workers at about 1,500 restaurants owned by the fast food giant — only about 10 percent of the chain’s more than 14,000 U.S. restaurants. Some 90 percent of its restaurants are franchises whose 750,000 workers will remain unaffected by the wage increase. (reuters.com, April 2)Even workers whose pay will increase balk at the raise. Russ Davis, executive director of “Jobs With Justice” in Massachusetts, says, “Any raise for somebody who’s making that little amount of money is a good thing. But I don’t think any of the workers think that $10 an hour is enough to get by on, especially in Massachusetts.” (Boston.com, April 2)T-Mobile slammed for illegal, anti-union policiesIn an unprecedented ruling on March 18, the National Labor Relations Board found telecom giant T-Mobile guilty of illegal labor practices on a national scale. The ruling, which consolidated years’ worth of complaints from T-Mobile workers all over the country, found that management’s illegal, anti-union intimidation tactics were supported by policies originating from the company’s highest levels. Of 13 policies reviewed by the NLRB, 11 were found to be illegal, including punishing workers for discussing working conditions with each other — a necessary step in forming a union that workers have been organizing for with the Communication Workers for many years. Because additional complaints came to light during the trial, another is scheduled for June. Meanwhile, “T-Mobile Workers United” took to the streets in Albuquerque during the Cesar Chavez parade on March 28 to demand union recognition. (CWA-union.org/e-newsletter, March 19 and April 2)Oil workers remember fallen comradesMarch 23 marked the 10-year anniversary of the 2005 Galveston Bay refinery explosion that killed 15 workers and injured more than 170 others. The accident ignited a movement of union and nonunion workers and supporters to demand safety measures at refineries throughout the country. Since then, preventable workplace accidents have injured and claimed the lives of dozens more.Since February, thousands of United Steelworkers members have struck 15 refineries across the U.S. in the biggest oil refinery strike in decades. Their chief demand is for safer working conditions to prevent further injury and loss of life. As the USW fights for an industrywide contract to ensure the safety of all refinery workers, rank-and-file members vow to continue to “mourn for the dead and fight like hell for the living.” (USW.org, March 21)Union stands up for equalityIndiana’s “license-to-discriminate” law, which would grant businesses legal protection to refuse service to ­lesbian, gay, bisexual, transgender and queer customers, drew such an intense outcry that Gov. Mike Pence was forced to amend the bill a week after signing it. Along with businesses opposing the law was the public sector workers union, the American Federation of State, County and Municipal Employees. Lee Saunders, the union’s first Black president, announced that AFSCME would move its 2015 women’s conference out of Indiana “as a sign of our disgust and disappointment” with the law, which “sets Indiana and our nation back decades in the struggle for civil rights.” (afscme.org/news, March 30)FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more


June 15, 2021 0

Corn Pollination Underway in Indiana

first_img Previous articleHouse Plans Action on GMO LabelingNext articleWould Pence as VP be Good for Agriculture? Hoosier Ag Today Corn Pollination Underway in Indiana Facebook Twitter Facebook Twitter SHARE SHARE Rain showers continued to be spotty throughout the State, with the North receiving minimal rains while the South experienced heavy downpours and high winds, according to Greg Matli, Indiana State Statistician for the USDA’s National Agricultural Statistics Service. Despite the increased rainfall, portions of the State remained abnormally dry. Farmers in drier regions continued to use irrigation systems to maintain adequate moisture. Statewide precipitation was above average at 1.57 inches. Cooler temperatures helped to retain moisture received from the rains. The statewide average temperature was 73.9 degrees, 1.1 degrees below normal. There were 4.6 days available for fieldwork for the week ending July 10, down 0.7 days from the previous week.Corn silking was 18% complete in the North, 25% in Central, and 33% in South. Corn rated in good to excellent condition was 75% in the North, 80% in Central, and 61% in South. Early planted corn was reported to be in excellent condition, while later planted corn continued to show signs of stress. Some corn stands have been knocked down by strong winds. It is unknown if there is any permanent damage at this time. Final applications of fungicide and nitrogen have been applied.Hay and alfalfa growth has picked up some from the increased precipitation. Pastures in some areas have been slow to regrow. Livestock were reported in excellent condition with the cooler temperatures. Commercial zucchini harvest has begun. Blueberries were ripening quickly throughout the state. Other activities included certifying crops with FSA, hauling grain, and mowing roadsides.Winter wheat is 65% harvested in the North, 82% in Central, and 98% in South. Wheat harvest continued to progress quickly despite the rainy days. The crop was reported to look good coming out of the fields. Straw baling is well underway.By region, soybeans blooming was 42% in the North, 42% in Central, and 27% in South. Soybeans rated in good to excellent condition was 71% in the North, 81% in Central, and 60% in the South. Weed pressure was high in soybean fields, particularly giant ragweed, marestail, and Canadian thistle. Rain showers have made spraying challenging for some growers. Some soybean fields in the North were reported to look somewhat wilted from high humidity and hot temperatures. Home Indiana Agriculture News Corn Pollination Underway in Indiana By Hoosier Ag Today – Jul 12, 2016 last_img read more


June 14, 2021 0