Patients Break Ground on New Shriners for Children Medical Center

first_img Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Community News Community News First Heatwave Expected Next Week More Cool Stuff Make a comment Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Patient ambassadors of Shriners for Children Medical Center broke ground on a new $77 million, state-of-the-art facility on Fair Oaks Avenue on May 27, 2015. The patients broke ground on the medical center along with Imperial Potentate of Shriners International, Dale W. Stauss, and Past Imperial Potentate and Chairman of the Board of Trustees for Shriners Hospitals for Children, Douglas E. Maxwell.Groundbreaking ceremonies typically feature executives and officials of an organization, but at Wednesday’s event, Patient Ambassadors Rachel Roitman and Brock Waidmann led the ceremony as co-hosts, introducing speakers and thanking all the Shriners, government officials, and staff members who are working on the project. Larry Adamson, P.G.M., member of the Board of Governors served as “Master of Ceremonies” and assisted Brock and Rachel in the introductions of key invited guests and dignitaries. Other patient ambassadors who participated in the ceremony included brothers Alex and Ryan Post, Alyssa Mercado, Anthony Sanchez, Gianna Mantucca and Ana Paula Pinto.The young co-hosts invited a number of officials to speak at the ceremony, including David R. Doan, P.G.M., Chairman of the Board of Governors, Shriners Hospitals for Children – Los Angeles; Lou Lazatin, Hospital Administrator; Terry Torneck, Mayor, City of Pasadena; Judy Chu, California District 27, U.S. House of Representatives; Joy Moore, Grand High Priestess, Ladies Oriental Shrine of North America as well as top ranking officials of Shriners International.The move to the City of Pasadena will enhance the new partnership between Shriners for Children Medical Center and Huntington Memorial Hospital, which will bring exceptional specialty pediatric care to residents of the greater San Gabriel Valley, and the Southwest. The partnership also brings together two of southern California’s best-known and most widely respected health care organizations.“This is truly a win-win opportunity for Shriners Hospitals for Children, Huntington Memorial Hospital and, more importantly, the children we treat,” said Douglas E. Maxwell, Chairman of the Board of Trustees for the hospital network.About the new facility:The planned facility, located on 2 acres at the corner of Fair Oaks Avenue and Hurlbut Street, will replace the current 60-year old hospital in Los Angeles. The facility is scheduled to open in mid-2017.“The building we’re in now was built in 1952, and it no longer meets earthquake standards, and we can build this new facility for what it would have cost to retrofit the other,” said David R. Doan, P.G.M., Chairman of the hospital’s Board of Governors.Plans for the new 75,000 square foot, three-story medical center will include two ambulatory surgery rooms and six PACU suites, and 20 clinic examination rooms. The new facility will offer treatment for a full range of pediatric orthopedic conditions, hand disorders, cleft lip and palate, and reconstructive and plastic surgies related to burn injuries and scarring. We will also offer a Pediatric Orthotic and Prosthetic Services (POPS) program that provides customized prosthetic devices and rehabilitive care. Other addition to benefit patients will include a 17,000 square foot exterior therapy garden, kid-friendly interactive and educational activity areas in the lobby, and an expanded physical and occupational therapy area, including a specially designed 2nd floor rehabilitation and mobility training terrace.“We could not have selected a better partner than Huntington Memorial Hospital in this co-located and shared services partnership to better serve the pediatric specialty needs of Pasadena, the greater San Gabriel Valley, and across the Southwest,” said Lou Lazatin, Administrator.The hospital has retained two firms in the planning and construction of this new facility: architectual firm SRG Partnership, Inc., Portland, OR, and CO Architects, Los Angeles, CA. Local construction management by DPR Construction.Shriners Hospitals for Children® – Los Angeles is a specialty hospital for orthopedic conditions, prothestics and orthotics, hand disorders, burn scars, and cleft and lip palate. We provide world-class care to children under 18 regardless of the families’ abilty to pay. Top of the News Business News Your email address will not be published. Required fields are marked *center_img EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Name (required)  Mail (required) (not be published)  Website  Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. 3 recommended0 commentsShareShareTweetSharePin it Community News Patients Break Ground on New Shriners for Children Medical Center New Facility in Pasadena Slated for 2017 STAFF REPORTS Published on Tuesday, June 16, 2015 | 3:33 pm faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes HerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeautyHerbeautyJennifer Lopez And Alex Rodriguez’s Wedding DelayedHerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeautyTiger Woods Is ‘Different Man’ 10 Years After ScandalHerbeautyHerbeauty Subscribelast_img read more

Dell announcement due in early January

first_imgEmail Advertisement WhatsApp NewsLocal NewsDell announcement due in early JanuaryBy admin – December 15, 2008 670 DELL Limerick is awaiting an announcement in early January that will mark the fate of the Limerick plant that employs over 2500 staff at it’s Raheen base. It is reported throughout the media this morning that a majority of the Limerick production facilities will move to Poland in 2009.Sign up for the weekly Limerick Post newsletter Sign Up The Sunday Tribune carried an article this weekend suggesting the global PC manufacturer is set to announce plans early next year to relocate its assembly operation away from its Limerick facility. It is understood from government sources in Ireland and company sources in the US that news of withdrawal of manufacturing from Limerick will be made public in January. Dell is expected to scale back its production at the Raheen facility over the course of 2009 where operations will take a major shift to Poland. A Dell spokesperson in Ireland said it was “business as usual” in Limerick and that at this stage the operation of the plant remained “under review” as with all global manufacturing sites.The Sunday Tribune stated that, a senior source within the IDA had confirmed that it is bracing itself for “dramatic news” shortly. “A plan is being put in place to see where we can go forward from here and it is being treated with the utmost seriousness,” the source said.About 16,000 jobs within the mid-west are directly or indirectly linked to Dell. Previous article‘We will restore Shannon Heathrow link’ O’LearyNext articleMunster win, Wally shines and they’re glad to see the back of Clermont admincenter_img Linkedin Facebook Twitter Printlast_img read more

91 jobs at Donegal Meats in Carrigans are to be saved.

first_img Google+ Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Facebook By News Highland – March 11, 2010 WhatsApp WhatsApp Twitter Previous articleLetterkenny council meets taxi driversNext articlePlans announced which could see 400 new homes in Galliagh and Carnhill News Highland 91 jobs at Donegal Meats in Carrigans are to be saved.The boning hall was due to close at the end of April, with the company transferring its operations to one of its plants in Derry or Tyrone.SIPTU made a proposal to the company which they accepted, which saved the 91 jobs.Donegal representative for SIPTU, Martin O Rourke says its great news.[podcast]http://www.highlandradio.com/wp-content/uploads/2010/03/mart.mp3[/podcast] LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton Newsx Adverts Facebookcenter_img Pinterest Almost 10,000 appointments cancelled in Saolta Hospital Group this week 91 jobs at Donegal Meats in Carrigans are to be saved. RELATED ARTICLESMORE FROM AUTHOR Calls for maternity restrictions to be lifted at LUH Pinterest Google+ Guidelines for reopening of hospitality sector published Twitter Need for issues with Mica redress scheme to be addressed raised in Seanad alsolast_img read more

Boothe shares thoughts on legislative session

first_img State Rep. Alan Boothe entertained the Troy Exchange Club Thursday with humor, facts and predictions.Boothe opened his presentation by saying that he has no control over the issuance of Social Security checks.“A lady called me and said that, if she didn’t get her Social Security check next month, there was going to be trouble and it would start with me,” Boothe said. “I told her that I was a representative in Montgomery, not in Washington. She said, ‘Well, you’re just about as bad.’” Pike County Sheriff’s Office offering community child ID kits Sponsored Content Remember America’s heroes on Memorial Day Email the author By Jaine Treadwell Print Article You Might Like Community health fair this weekend at National Guard Armory The Chi Upsilon Zeta Chapter of Zeta Phi Beta Sorority is sponsoring a Community Health Fair from 10 a.m. until… read more The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Published 11:00 pm Thursday, October 10, 2013 By The Penny Hoardercenter_img Boothe told the Exchange Club members not to expect much to happen in the January Legislative session.“The Legislature is a lot like an hourglass,” he said. “A lot goes in but a little comes out.”Boothe said, however, that he is pleased with some local developments including ATRIP funding to assist 16 road projects in Pike County and a parking lot paving project at CGI. Troy falls to No. 13 Clemson Latest Stories Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthMost 10 Rarest Skins for FortniteTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Boothe shares thoughts on legislative session “Crops just will not grow without water,” he said. “Take corn. There are five days in the life of corn when it has to have water. Irrigation is the only way a farmer can be guaranteed water.”Boothe said the irrigation bill will give farmers a $10,000 tax credit on the installation of an irrigation system.“The bill is an incentive to irrigate,” he said. “A hundred thousand additional acres of irrigated land would be equal to the location of an automobile assembly plant being located in the state. It’s that big.”Education continues to be a top priority item for the state.“We must do what is in the best interest of the students,” Boothe said. “And, that does not mean keep putting money in the same programs.”Boothe said Alabama is the sixth poorest state in the country.“Twenty-six percent of our people live below the poverty level,” he said. “We’ve got to better educate our children.”Boothe reminded the Exchange Club members that, due to reapportionment, at the end of the next legislative session Jimmy Holley will be Pike County’s new state senator.Boothe closed his presentation by encouraging the Exchange Club members to support Pike County farmers and Pike County agriculture by purchasing tickets to the Pike County Farm-City Banquet on Nov. 7. Tickets are available at the Pike County Chamber of Commerce on the square in downtown Troy. Book Nook to reopen Boothe said that he recently spoke at the National Recycling Association meeting in Nashville and highlighted KW Plastics in Troy.“KW Plastics is the largest recycler of plastic materials in the world,” he said. “The only limitation that KW Plastics has is acquiring raw materials. They are getting some raw materials out of landfills in Mexico. The U.S. can’t supply all the raw materials they need.”Boothe said that the City of Troy does a good job of recycling but Alabama, overall, does not.Boothe said the Legislature passed a irrigation bill that will be of great benefit to the farmers. Plans underway for historic Pike County celebrationlast_img read more

Pengrowth Energy Corporation announces transaction with Cona Resources

first_img Shale exploration has proven popular in many countries but fracking risks have put others off from pursuing it (Credit: Pixabay/jwigley) Pengrowth Energy Corporation (“Pengrowth” or the “Company”) (TSX:PGF, OTCQX:PGHEF) today announced that it has entered into a definitive arrangement agreement (the “Arrangement Agreement”) with Cona Resources Ltd. (the “Purchaser”), a portfolio company of Waterous Energy Fund, pursuant to which the Purchaser has agreed to repay the outstanding principal amount and accrued interest to the date of the Arrangement Agreement owing under the Company’s credit facility (the “Credit Facility”) and secured notes (the “Secured Notes”, and together with the Credit Facility, the “Secured Debt”) and acquire all of the outstanding common shares for cash consideration of CDN $0.05 per share and a potential Contingent Value Payment (as defined below) for each Pengrowth Share (the “Share Consideration”).  The proposed transaction (the “Transaction”) is to be completed by way of plan of arrangement under the Business Corporations Act (Alberta).Speaking on behalf of Pengrowth’s Board of Directors, Chairman Kel Johnston noted: “As a result of the significant decline in oil prices in 2014, which followed on the heels of the largest capital project in Pengrowth’s history at Lindbergh, the Company took immediate steps to shore up the Company’s balance sheet by selling assets to pay down $1.2 billion of debt. Further efforts were undertaken in 2018 to market an additional overriding royalty on the Lindbergh asset and to secure high yield debt to replace the current outstanding Secured Debt. Both funding initiatives proved unsuccessful. The extreme volatility in the price of Western Canadian oil in the fall of 2018, coupled with an uncertain political and regulatory environment, has led to a severe funding crisis in the Canadian energy capital markets which impeded the Company’s ability to achieve a funding solution.”Pete Sametz, President and CEO of Pengrowth, continued: “With the inability to raise capital to fund our ongoing business, Pengrowth commenced a strategic review process in the first quarter of 2019 with the main alternatives being to source alternative forms of financing, to negotiate an amendment and extension to the Secured Debt or to pursue a transaction to merge or sell the company that would provide value to all stakeholders. With continued lacklustre oil pricing and increased political and regulatory uncertainty, our ability to achieve an amendment and extension agreement proved increasingly difficult and dilutive to shareholders. As a result, Pengrowth’s Board of Directors has determined that the best available alternative for the Company and its stakeholders is to pursue and support a consensual sale transaction that, in addition to repaying the Secured Debt, would also provide some measure of value for our shareholders and other stakeholders. Despite the discount this transaction represents to Pengrowth’s recent trading price, we strongly recommend our stakeholders support the Arrangement Agreement as it represents the most attractive alternative for all stakeholders given the current environment where there is essentially no access to capital for the Company or participants in the Canadian oil and gas industry, in general.”The aggregate value of the Transaction, including the repayment of the Secured Debt and the assumption of the Transaction costs by the Purchaser, is approximately $740 million.  As part of the consideration to be received by Pengrowth shareholders, each shareholder will be eligible to receive their pro-rata portion of any funds that may be received by Pengrowth as a result of a pending litigation matter (a “Contingent Value Payment”).THE ARRANGEMENT AGREEMENT AND APPROVALSUnder the Transaction, the Purchaser will acquire all of the outstanding common shares of Pengrowth in exchange for the Share Consideration.  The lenders and noteholders (collectively the “Secured Debtholders”) will receive an aggregate cash payment equal to the aggregate principal amount owing under the Secured Debt up to closing of the Transaction, plus accrued and unpaid interest to the date of the Arrangement Agreement. The Secured Debtholders will also be entitled to accrued interest on the Secured Debt for the period from and after January 1, 2020 in the event the Transaction does not close by December 31, 2019. The total consideration being offered to Secured Debtholders represents a discount on the aggregate amount owing to the Secured Debtholders. The consideration paid to Secured Debtholders will be allocated pro rata amongst individual holders pursuant to the intercreditor agreement between the Secured Debtholders.The Company will seek approval of the Transaction by the Secured Debtholders and Pengrowth’s shareholders at special meetings expected to be held on or about December 18, 2019 (the “Special Meetings”). The Transaction will require the approval of (a) 66  % of the votes cast by the shareholders present in person or by proxy at the Special Meeting of shareholders, and (b) a majority of Secured Debtholders in number holding not less than 66  % of the Secured Debt voting together in a single class at the Special Meeting of Secured Debtholders.The Transaction is subject to various closing conditions, including receipt of Court approval, the required Pengrowth stakeholder approvals at the Special Meetings and certain regulatory approvals, including Competition Act (Canada) approval.The Arrangement Agreement contains customary representations and warranties of each party and interim operational covenants of Pengrowth.  The Arrangement Agreement also provides for, among other things, customary board support and non-solicitation covenants, subject to a “fiduciary out” for unsolicited “superior proposals” in favor of Pengrowth and a provision for the right to match superior proposals in favor of the Purchaser.The Arrangement Agreement provides for a mutual non-completion fee of $45 million payable in the event that the Transaction is not completed or is terminated by either party in certain circumstances, including if Pengrowth enters into an agreement with respect to a superior proposal or if the Pengrowth Board withdraws or modifies its recommendation with respect to the proposed Transaction.All of the directors and executive officers of Pengrowth have entered into support agreements and agreed to vote in favor of the Transaction, subject to the provisions of such support agreements.  Pengrowth is seeking to enter into support agreements with the Secured Debtholders pursuant to which the Secured Debtholders agree to support and vote in favour of the Transaction and deliver such consents as may be necessary in connection with completion of the Transaction.In the event that Pengrowth fails to receive the requisite approvals and consents of its stakeholders required to effect the Transaction, Pengrowth may seek to implement an alternative transaction with the Purchaser (an “Alternative Transaction”) In the event of an Alternative Transaction, there is no expectation that Pengrowth shareholders will receive any consideration in exchange for their Shares and Shareholders are therefore encouraged to vote in favor of the Transaction.Further details with respect to the Transaction will be included in the information circular to be mailed to Pengrowth shareholders and Secured Debtholders in connection with the Special Meetings.  The Special Meetings are expected to be held on or around December 18, 2019, with closing of the Transaction to occur thereafter upon satisfaction of all conditions precedent. Closing is currently anticipated to occur in late December 2019. A copy of the Arrangement Agreement and the information circular will be filed on Pengrowth’s SEDAR profile and will be available for viewing on www.sedar.com.RECOMMENDATION OF THE PENGROWTH BOARDAfter reviewing Pengrowth’s current circumstances and strategic options and alternatives, consulting with the Company’s financial and legal advisors, and considering the Fairness Opinion, the Pengrowth Board has unanimously: (i) determined that the Transaction is in the best interests of Pengrowth and its stakeholders; (ii) resolved to recommend that Pengrowth shareholders and Secured Debtholders vote in favor of the Transaction; and (iii) determined that the consideration to be received by Pengrowth shareholders and Secured Debtholders is fair to those stakeholders.EXTENSION OF CREDIT FACILITYPengrowth also announced today that it has reached a further agreement to extend the maturity date under its Credit Facility to November 29, 2019.  The Company’s Credit Facility is provided by a broad syndicate of domestic and international banks and had a scheduled maturity of October 31, 2019.  The extension of the maturity to November 29, 2019 was supported by 100% of the lenders in Pengrowth’s banking syndicate.Pengrowth previously obtained a 30-day extension of the maturity date under its near term Secured Notes, which as a result of that extension have a scheduled maturity date of November 18, 2019. In the event that Pengrowth does not obtain, by November 15, 2019, a further extension of the maturity of such Secured Notes to a date not earlier than November 29, 2019, the maturity date of the Credit Facility will be November 15, 2019 pursuant to the terms of the amending agreement with Pengrowth’s lenders. The Company is in discussions with its Secured Debtholders regarding the further extension of maturity dates under the Secured Debt pending the completion of the Transaction.BACKGROUND TO THE TRANSACTIONOn March 5, 2019, the board of directors of Pengrowth (the “Pengrowth Board”) commenced a formal process to explore and develop strategic alternatives (the “Strategic Review”) with a view to strengthening the Company’s balance sheet and maximizing enterprise value. Throughout the Strategic Review process, with the assistance of its legal and financial advisors, the Company explored a comprehensive range of strategic and transaction alternatives including a sale, merger or other business combination; a disposition of all or certain assets of the Company; recapitalization and refinancing opportunities; sourcing new financing and equity capital; amendment and extension transactions in respect of the Secured Debt; along with other alternatives to improve the Company’s financial position and maximize value.Following an extensive review of strategic options and alternatives and negotiations with Pengrowth’s Secured Debtholders and other key stakeholders, the Pengrowth Board and management team have determined that the Transaction is the best available alternative to address the Company’s Secured Debt maturities and maximize value for stakeholders.FINANCIAL ADVISORSTudor, Pickering, Holt & Co. (“TPH”) and Perella Weinberg Partners LP acted as financial advisors to Pengrowth in connection with the Strategic Review and the Transaction, and TPH has provided its fairness opinion that, as at the date of the Arrangement Agreement, the consideration to be received by Pengrowth shareholders pursuant to the Arrangement Agreement is fair, from a financial point of view, to Pengrowth shareholders (the “Fairness Opinion“). Source: Company Press Release The proposed transaction (the “Transaction”) is to be completed by way of plan of arrangement under the Business Corporations Act (Alberta)last_img read more

Ansila Energy pull outs from Nowa Sol concession in Poland

first_img Ansila Energy withdraws from the Nowa Sol concession in Poland. (Credit: Pixabay/skeeze) Ansila Energy has announced the pull out of its fully-owned subsidiary Liesa Energy Australia from the Nowa Sol concession and Jany- C1 well work programme in Poland.The Australian oil and gas company blamed its withdrawal on the market turmoil caused by the global outbreak of coronavirus and a material weakening in the oil price.It has also cited lesser investor support for the risks related to exposure to unconventional oil projects in the prevailing economic climate for its pull out from the Nowa Sol block.Ansila Energy was to gain a 35% earn-in to the concession by funding the Jany-C1 well work campaign, which is slated to begin in the second quarter of this year.The Australian oil and gas company said that Gemini Resources, which is the operator of the Nowa Sol concession will retain its 100% stake.Ansila Energy’s remaining interests in Poland are held through the Gora concession where it made a re-entry into the Siciny-2 well recently and had carried out a fracture stimulation of the Carboniferous interval to earn a stake of 35%.The company said that the appraisal operations confirmed the presence of hydrocarbon gas in the reservoir with free gas coming to surface. The firm completed operations at the Siciny-2 well with the data from the long-term transient pressure build-up test being reviewed.Ansila Energy management comments on its exit from Nowa Sol concessionAnsila Energy chairman Bevan Tarratt said: “Our withdrawal from the Jany-C1 well work program is a reflection of the current difficult market conditions and shareholders risk aversion to unconventional resources following the results of the Siciny-2 well operations.“The withdrawal allows the Company to preserve its cash resources, progress new venture opportunities and focus on its conventional assets in the near-term, which we look forward to updating investors on in the near future.” Ansila Energy’s withdrawal comes in the wake of the market turmoil caused by the global outbreak of coronavirus and a significant drop in oil priceslast_img read more

Property industry booming as other sectors wilt, reveals Bank of England

first_imgHome » News » Housing Market » Property industry booming as other sectors wilt, reveals Bank of England previous nextHousing MarketProperty industry booming as other sectors wilt, reveals Bank of EnglandEstate agency and new homes are among the few areas of the economy untroubled by the Covid lockdown and social distancing, says Bank of England.Nigel Lewis18th September 202002,045 Views The residential property industry is one of the nation’s few economic bright spots as it emerges from the Covid lockdown, the Bank of England has said.Its agents have reported buoyant activity in the property sales market, particularly in England, helped by the temporary cut in stamp duty and the Help to Buy scheme for first-time buyers.“Contacts were cautious about the outlook, however, and some noted that activity in parts of the market had been constrained by a lower availability of high loan to value mortgages,” its most recent economic report says.BoE agents also reported strong demand in the lettings market in all parts of the UK except central London, where supply continued to outweigh demand.“Rental arrears have increased only slightly, but some contacts were concerned they could rise further when the Government’s Coronavirus Job Retention Scheme (CJRS) ends,” the report says.Rental arrearsThe bank also says that while house building activity had recently picked up, contacts were uncertain about how long that upturn would be sustained, and were cautious about the outlook.Buried in the report are figures on the number of people on furlough, which the BoE says was 32% of employees during April, May and June, falling to 18% in July and 12% in August.The figures do not say whether this includes those returning to work or being made redundant.Read the BoE report in full.Read more about the sales boom.property boom rental arrears Bank of England September 18, 2020Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

Political Science Adjunct Position

first_img* Are you both familiar with and not in conflict with thefundamental doctrines and practices of the California SouthernBaptist Convention as stated in the Baptist Faith and Message datedJune 14, 2000? (Please see above link for more information)Yes (I am familiar and not in conflict)No (I am in conflict or not familiar) Teaching Responsibilities The appointment will include teaching lower and upper-divisionclasses. The candidate will have earned a Graduate Degree (Master’s orabove) in Political Science. Qualifications Supplemental QuestionsRequired fields are indicated with an asterisk (*). Position Summary Nondiscrimination Statement Position TitlePolitical Science Adjunct Positioncenter_img * Do you attend church regularly?YesNo Quick Link to Postinghttps://jobs.calbaptist.edu/postings/442 Posting Details The Department of History & Government at California BaptistUniversity invites applications for an adjunct position inPolitical Science. State and Federal law permit California Baptist University todiscriminate on the basis of religion in order to fulfill itspurpose. The University does not discriminate contrary to eitherState or Federal law. Applicant DocumentsRequired Documents Optional DocumentsResumeCover LetterCurriculum VitaeLetter of Reference 1Letter of Reference 2Letter of Reference 3Unofficial TranscriptHigh School Diploma/G.E.D.Other DocumentRelevant URLUnofficial Transcript 2Unofficial Transcript 3Unofficial Transcript 4Other Document 2Other Document 3Other Document 4 * Are you a Christian?YesNolast_img read more

Oxford stays with Labour

first_imgOxford has bucked national and county trends by more than doubling its Labour councillors in Thursday’s local elections.Nine of the city’s sixteen wards are now controlled by Britain’s governing party, as opposed to just four before the elections. Oxford’s City Council, for which elections will be held next year, has long been dominated by Labour.OULC president Jacob Turner said he felt that the result was a consequence of “a very great effort from the local party including Labour Club members. We’ve been going out, meeting people, and asking them not to vote for us, but just how our councillors can help them. We’ve built up a relationship with residents which is ultimately expressed in voting.”In central areas of Oxford, Labour advanced at the expense of the Greens. West Central Oxford abandoned its Green councillor to elect Labourite Susanna Pressel, while East Oxford ended its unusual status as an all-Green ward by electing Labour’s Saj Malik.The Conservatives once again failed to win any council representation in Oxford, receiving less than 10% of the vote in many areas.The results stand in stark contrast to the pattern on the national level. Across all the wards up for election in this round of voting, Labour lost the majority of its sitting councillors and all three of its councils.This was reflected more obviously in rural areas of Oxfordshire, where the party received an overall vote share of just 15%, leaving it with no wards left in the county outside Oxford itself. However, its success in the capital means that it has made an overall net gain of one seat on the county council.Turner said he accepted that national issues were having a negative effect on Labour’s performance in council elections. However, he added that he felt Oxford provided a good example of the party at its best.“Regardless of the state of the cabinet, or how politicians are being portrayed in the media, our basic principles are correct – we’re the party that cares about the people and what the state can do for the people. As long as we keep this in mind we can keep being very strong in Oxford.”The Conservative Party benefited most from the swing in rural support towards Labour, and now dominates the county council with 52 of its 74 seats. A weak showing in both rural and urban areas by the Liberal Democrats saw them lose five seats, although they remain the largest opposition group.last_img read more

BREAKING NEWS: Senator Mike Braun’s Releases Resource Guide For Small Businesses & Employees

first_imgFOR IMMEDIATE RELEASEMarch 27, 2020 Senator Mike Braun is also releasing a resource guide to help Hoosier small businesses and employees navigate the state and federal efforts to combat the economic crisis created by the public health battle being waged against the novel coronavirus. The resource guide can be found below.“I am proud that the House of Representatives quickly passed the CARES Act, which will give our hospitals the tools they need to combat the coronavirus, provide immediate help to those who have lost their jobs, and give small business owners the largest relief package ever to keep their doors open, which I was personally involved with securing.“Additionally, my office has created a small business and employee resource guide and my office is working around the clock to help Hoosiers who have been affected by the coronavirus.“I am also pleased to announce that General Motors will be making 10,000 ventilators a month at their facility in Kokomo and I am humbled by the countless number of Hoosiers who have stood up to help our country during this time.” General Business Tax ProvisionsEmployee retention credit for employers:  A refundable payroll tax credit for 50% of wages paid to employees during the COVID-19 crisis is available to those whose operations were fully or partially suspended due to a COVID-19-related closure order or gross receipts declined by more than 50% compared to the same quarter in the prior year.Delay of payment of employer payroll taxes: Employers and self-employed individuals are allowed to defer payment of the employer share (generally 6.2%) of the Social Security tax they otherwise are responsible for paying with respect to their employees.The Cares Act modified a number of tax provisions in an effort to allow corporations and small businesses access to liquidity:Qualified Improvement Property (QIP) fix: This fix from the TCJA provides businesses, especially in the hospitality industry, to write off immediately costs associated with improving facilities instead of having to depreciate those improvements over the 39-year life of the building.Net Operating Losses (NOL) Credit:  A net operating loss (NOL) arising in a tax year beginning in 2018, 2019, or 2020 can be carried back five years and the taxable income limitation is temporarily removed to allow an NOL to fully offset income.AMT Credit: Companies are now allowed to recover AMT credits immediately rather than extending until 2021.Limitation on business interest:  Increases to 50% the limitation of taxable income for 2019 and 2020.Unemployment Insurance EnhancementsPandemic Unemployment Assistance program provides payment to those not traditionally eligible for unemployment benefits (self-employed, independent contractors, those with limited work history, and others) who are unable to work as a direct result of the coronavirus public health emergency.Includes an additional $600 per week payment to each recipient of unemployment insurance or Pandemic Unemployment Assistance for up to four months and an additional 13 weeks of unemployment benefits to those who need it.Provides funding to support “short-time compensation” programs, to pay 100% of costs incurred when employers reduce employee hours instead of laying them off.Amendments to Employee MandatesThe CARES Act placed caps on paid leave provisions within the FFRCA (described below).An employer is not required to pay more than $200 per day and $10,000 in the aggregate for each employee on paid FMLA and is not required to pay more than $511 per day and $5,110 in the aggregate for sick leave or more than $200 per day and $2,000 in the aggregate to care for a quarantined individual or child.Families First Coronavirus Response Act (Public Law No: 116-127)Paid LeaveAmerican businesses with fewer than 500 employees have access to funds to provide employees with paid leave, either for the employee’s own health needs or to care for family members.Employees of eligible employers can receive two weeks (up to 80 hours) of paid sick leave at 100% of the employee’s pay where the employee is unable to work because the employee is quarantined, and/or experiencing COVID-19 symptoms, and seeking a medical diagnosis.An employee who is unable to work due to a need to care for an individual subject to quarantine, to care for a child whose school is closed or child care provider is unavailable for reasons related to COVID-19, can receive two weeks (up to 80 hours) of paid sick leave at 2/3 the employee’s pay, and, may in some instances receive up to an additional ten weeks of expanded paid family and medical leave at 2/3 the employee’s pay.Link: Fact Sheet for EmployeesEmployer AssistanceEmployer Reimbursement: Eligible employers will receive a dollar-for-dollar credit for the paid sick leave and family leave that they provide under this program. Self-employed individuals receive an equivalent credit.Prompt Payment for the Cost of Providing Leave: The Treasury will use its regulatory authority to allow businesses to utilize employment tax withholdings that have already been deposited to pay sick leave wages. In the event that such withholdings are insufficient, the Treasury will implement a system to accelerate payment of credits to cover such costs.Eligible employers who pay qualifying sick or child care leave will be able to retain an amount of the payroll taxes equal to the amount of qualifying sick and child care leave that they paid, rather than deposit them with the IRS.The payroll taxes that are available for retention include withheld federal income taxes, the employee share of Social Security and Medicare taxes, and the employer share of Social Security and Medicare taxes with respect to all employees.If there are not sufficient payroll taxes to cover the cost of qualified sick and child care leave paid, employers will be able to file a request for an accelerated payment from the IRS.  The IRS expects to process these requests in two weeks or less. The details of this new, expedited procedure will be announced soon and our office is monitoring for updates.Small Business Protection: Businesses with less than 50 employees are eligible for an exemption through the Dept. of Labor from the sick leave and family leave provisions where those requirements may create serious financial hardshipLinks: Fact Sheet for Employers, Department of Labor Questions and AnswersNon-Enforcement PeriodDepartment of Labor will be issuing a temporary non-enforcement policy that provides a period of time for employers to come into compliance.Small Business Economic Injury Disaster Loans (EIDL) The Small Business Administration is offering low-interest federal disaster loans for working capital to Indiana small businesses suffering substantial economic injury as a result of the Coronavirus (COVID-19). Maximum amounts lent to businesses of any size under the disaster loan program are $2M, carry an interest rate of 3.75% for small businesses with terms up to 30 years.Applicants may apply online at https://disasterloan.sba.gov/ela.State of Indiana has 10 regional Small Business Development Centersproviding free assistance. Links: 3-Step Application Process, Economic Injury Fact SheetThe CARES Act expands eligibility to the EIDL program to tribal businesses, cooperatives, and ESOPs with fewer than 500 employees or any individual operating as a sole proprietor or an independent contractor.This document was prepared as an informational resource and should not be considered legal or business counsel.  Please do not hesitate to reach out to [email protected] for questions, concerns, or additional assistance.Click here to download Senator Braun’s COVID-19 Affected Business & Employee Resource Guide JASPER, IN – Today, U.S. Senator Mike Braun (R-IN) released the following statement praising the House of Representatives for passing the Senate’s relief package which will provide much-needed relief for Hoosier small businesses and workers. Senator Mike Braun’s praises House of Reps. for passing CARES Act, releases resource guide for small businesses & employees  braun Senator Mike Braun’s COVID-19 Affected Business & Employee Resource GuideThe resources contained within this document are a culmination of state and federal efforts to combat the economic crisis created by the public health battle being waged against the novel coronavirus.  For help on any issues related to COVID-19 please contact my office using [email protected] Aid, Relief, and Economic Security (CARES Act)/H.R. 748Small Business Paycheck Protection ProgramThe CARES Act allows the Small Business Administration to begin making loans of up to $10 million under the Paycheck Protection Program with an overall authorization level of $349B.  This section is effective on February 15, 2020.Qualifications: The Paycheck Protection Program will be conducted as part of the SBA 7(a) Loan program, general qualifications can be found here. The PPP also includes 501(c)(3) nonprofits, 501(c)(19) veteran organizations,  tribal businesses described in section 31(b)(2)(C) of the Small Business Act, sole-proprietors, independent contractors, and other self-employed individuals.Loans: Loans can be used for payroll support, paid leave, insurance costs, mortgage/rent payments, and utility payments. They do not have borrower, lender, or prepayment fees and are 100% government guaranteed. Repayment may be deferred for up to one year.Forgiveness: All Paycheck Protection Program Loans are eligible for forgiveness in an amount equal to the payroll cost and costs related to debt obligations.General Business FinancingThe CARES Act appropriates $500 Billion to the Department of Treasury’s Exchange Stabilization Fund (ESF), including a 13(3) facility to provide targeted support to nonprofits and businesses between 500 and 10,000 employees.Provides $454 billion for unforgivable secured loans through the Federal Reserve 13(3) authority to larger businesses, states, and municipalities.Funds lent to nonprofits and businesses between 500 and 10,000 employees must be used to retain at least 90 percent of the recipient’s workforce, among other requirements. FacebookTwitterCopy LinkEmailSharelast_img read more