REA

This Week in Finance News: 15 Stories You Need to See

Retrieved on: 
fredag, mars 17, 2023

NEW YORK, March 17, 2023 /PRNewswire/ -- With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help journalists covering the finance industry stay on top of the week's most newsworthy and popular releases, here's a roundup of stories from the week that shouldn't be missed.

Key Points: 
  • This is how we change the narrative and create opportunities to invest in Indigenous women," said Vanessa Roanhorse, CEO, Roanhorse Consulting and Co-Founder, Native Women Lead.
  • "A poor credit history can hold you back when pursuing funding for your small business," said SCORE CEO Bridget Weston.
  • "SCORE can help entrepreneurs understand what is in a credit report, how to check your score and how to improve it."
  • "When traditional investments are volatile, alternative investments are talked about," says Carrie Cook, CEO of Preferred Trust Company.

Indigenous woman-led apprenticeship opens applications for Indigenous women in the United States to enter investment sector

Retrieved on: 
måndag, mars 13, 2023

The goal of REA is to increase representation of Indigenous women in the asset and fund management fields and increase the waterway (not pipeline) in the investment of Indigenous women.

Key Points: 
  • The goal of REA is to increase representation of Indigenous women in the asset and fund management fields and increase the waterway (not pipeline) in the investment of Indigenous women.
  • Beginning in mid 2023, the inaugural REA cohort will begin to help build a waterway of funding for Indigenous women entrepreneurs by providing technical investment training, coaching, and job placement.
  • This is how we change the narrative and create opportunities to invest in Indigenous women."
  • "Based on our research at Native Women Lead, it has become clear that Indigenous women experience significant racial and gender discrimination and bias when trying to access capital.

RPS PRINCIPALS JOIN TEAMSTERS LOCAL 592

Retrieved on: 
måndag, februari 27, 2023

RICHMOND, Va., Feb. 27, 2023 /PRNewswire/ -- With 98 percent voting in favor of union representation, over 150 principals, assistant principals, directors, and other Richmond Public Schools (RPS) administrative staff have joined Teamsters Local 592. The workers are one of the first groups of public school principals in the Commonwealth of Virginia to unionize.

Key Points: 
  • RICHMOND, Va., Feb. 27, 2023 /PRNewswire/ -- With 98 percent voting in favor of union representation, over 150 principals, assistant principals, directors, and other Richmond Public Schools (RPS) administrative staff have joined Teamsters Local 592.
  • "I'd like to congratulate these hardworking men and women, who work tirelessly to ensure the success of our children and our community, on this historic and incredible achievement," said Jim Smith, Local 592 President.
  • "I'd also like to thank Teamsters International Vice President At-Large and Local 822 President James Wright, as well as Teamsters Local 322 President Brian Peyton, who played a critical role in this successful organizing effort."
  • Teamsters Local 592 serves drivers, warehouse staff, and a wide variety of other workers in both the private and public sector throughout the Commonwealth of Virginia.

News Corporation Reports Second Quarter Results for Fiscal 2023

Retrieved on: 
torsdag, februari 9, 2023

The decrease in both free cash flow and free cash flow available to News Corporation was primarily due to lower cash provided by operating activities, as mentioned above.

Key Points: 
  • The decrease in both free cash flow and free cash flow available to News Corporation was primarily due to lower cash provided by operating activities, as mentioned above.
  • Free cash flow and free cash flow available to News Corporation are non-GAAP financial measures.
  • Free cash flow is defined as net cash provided by operating activities, less capital expenditures, and free cash flow available to News Corporation is defined as free cash flow, less REA Group free cash flow, plus cash dividends received from REA Group.
  • The Company believes free cash flow provides useful information to management and investors about the Company’s liquidity and cash flow trends.

Irenic Capital Comments on Withdrawal of Proposal to Combine News Corp and Fox

Retrieved on: 
tisdag, januari 24, 2023

Adam Katz, Co-Founder and Chief Investment Officer of Irenic, commented:

Key Points: 
  • Adam Katz, Co-Founder and Chief Investment Officer of Irenic, commented:
    “Irenic is encouraged that Executive Chairman Rupert Murdoch and Co-Chairman Lachlan Murdoch have concluded that a combination with Fox is not in the best interests of News Corp and its shareholders.
  • This is the right decision.
  • Looking ahead, News Corp has an opportunity to create substantial value for its owners.
  • News Corp owns an exceptional – yet disparate – collection of assets and businesses that is worth far more than the Company’s current trading price.

The Nigeria Rural Electrification Agency (REA) and CarbonAi Sign MOU to Develop Rural Solar Energy Projects

Retrieved on: 
tisdag, november 22, 2022

CarbonAi Inc. (CarbonAi) is proud to announce that it has signed a memorandum of understanding (MOU) with the Rural Electrification Agency (REA) of Nigeria to identify and develop small-scale solar energy projects in that country.

Key Points: 
  • CarbonAi Inc. (CarbonAi) is proud to announce that it has signed a memorandum of understanding (MOU) with the Rural Electrification Agency (REA) of Nigeria to identify and develop small-scale solar energy projects in that country.
  • The projects will be funded by proceeds from carbon credits that are generated through CarbonAi-financed and developed flare gas capture projects in Nigeria.
  • View the full release here: https://www.businesswire.com/news/home/20221122005092/en/
    Under the MOU, the parties will explore opportunities to finance and develop solar energy projects in unserved or underserved communities near CarbonAis flare gas capture projects in Nigeria.
  • CarbonAi, in turn, will apply its carbon finance and project development expertise to finance, design and construct the projects.

Irenic Sends Letter to News Corp’s Special Committee Regarding the Need to Explore Value-Maximizing Alternatives to a Combination with Fox

Retrieved on: 
måndag, november 21, 2022

We would be happy to own these businesses for a long time, and we believe most News Corp shareholders think the same.

Key Points: 
  • We would be happy to own these businesses for a long time, and we believe most News Corp shareholders think the same.
  • As Mr. Thomson put it just this August:
    The News Corporation of 9 years ago is not the News Corporation of now.
  • We have no doubt that the majority of News Corps unaffiliated shareholders, including Irenic, will vote against any deal that undervalues the Company.
  • We hope this letter and accompanying analysis facilitates productive engagement between the Special Committee and the shareholders that it serves.

XPRIZE Announces Winners of XPRIZE Racial Equity Alliance Ideas Competition

Retrieved on: 
tisdag, november 1, 2022

XPRIZE, the worlds leader in designing and operating incentive competitions to solve humanitys grand challenges, and Intel today announced the ten winners of the $50,000 XPRIZE Racial Equity Alliance Ideas Competition presented by Intel.

Key Points: 
  • XPRIZE, the worlds leader in designing and operating incentive competitions to solve humanitys grand challenges, and Intel today announced the ten winners of the $50,000 XPRIZE Racial Equity Alliance Ideas Competition presented by Intel.
  • The Racial Equity Alliance Ideas Competition, presented by Intel, crowdsourced ideas for future XPRIZE competitions that would focus on improving racial equity in American education.
  • The XPRIZE Racial Equity Alliance is a coalition aimed at creating more equitable solutions to dismantle institutional and systemic structures of racial inequities, with an intentional focus on the Black community.
  • The first-ever XPRIZE competition, the $10 Million Ansari XPRIZE for sub-orbital spaceflight, captured the worlds imagination and catalyzed a multi-billion-dollar commercial private space industry.

Fromage from Europe: Similar, But Not the Same How to tell the difference between France's most iconic cheeses

Retrieved on: 
måndag, oktober 10, 2022

These tips will help you to tell the difference between cheeses in four Fromage from Europe families.

Key Points: 
  • These tips will help you to tell the difference between cheeses in four Fromage from Europe families.
  • Brie , Camembert and Coulommiers are all soft-ripened, cow's milk cheeses aged for about four weeks.
  • Brie is shaped into large wheels, Camembert in small wheels, and the size of Coulommiers is in between the two.
  • The content of this promotion campaign represents the views of the author only and is his/her sole responsibility.

Balsamic Vinegar of Modena to Launch Original Balsamic Week in Los Angeles

Retrieved on: 
torsdag, oktober 6, 2022

 LOS ANGELES, Oct. 6, 2022 /PRNewswire/ -- The Original Balsamic Week will kick off in Los Angeles on October 31st and run through November 6th. With more than 20 restaurant partners, the collaboration will give foodies and Italophiles the opportunity to experience Balsamic Vinegar of Modena in new and unexpected ways. Each restaurant, both international and Italian, will provide samples with the goal of educating diners about the product's history and its organoleptic qualities. The Original Balsamic Week will also allow restaurant chefs to use their creativity to develop original recipes that will be voted on via the restaurants' social channels.

Key Points: 
  • The Consortium of Balsamic Vinegar of Modena has announced the launch of the first Original Balsamic Week in Los Angeles.
  • LOS ANGELES, Oct. 6, 2022 /PRNewswire/ -- The Original Balsamic Week will kick off in Los Angeles on October 31st and run through November 6th.
  • "The Original Balsamic Week will give the Consortium of Balsamic Vinegar of Modena the opportunity to continue to leave its mark within the U.S. food & wine industry as an authentic European product," remarked Federico Desimoni, General Manager of the Consortium of Balsamic Vinegar of Modena.
  • The Original Balsamic Week is part of the project "Balsamic Vinegar of Modena, the Original", focused on the US market and financed by the European Union, to promote the added value of the Balsamic Vinegar of Modena, in terms of authenticity, safety, traceability, and labeling guaranteed by the European trademark protection.