Bargaining

St. Vincent Nurses File Complaints with State and Federal Agencies Citing Dangerous Conditions that Jeopardize the Safety of Patients Admitted to the Hospital - Call For Immediate Intervention to Protect Patients & End Suffering

Retrieved on: 
Tuesday, January 30, 2024

WORCESTER, Mass., Jan. 30, 2024 /PRNewswire/ -- The nurses of St. Vincent Hospital, who are represented by the Massachusetts Nurses Association (MNA) have filed a number of official complaints with the Department of Public Health Division of Healthcare Quality, Joint Commission (which accredits acute care hospitals), the Center for Medicare and Medicaid Services and the Mass. Board of Registration in Nursing in response to a growing and dire crisis in the safety of care for patients admitted to the Worcester-based facility. Reporters who wish to receive copies of the complaints can email David Schildmeier at [email protected].

Key Points: 
  • Board of Registration in Nursing in response to a growing and dire crisis in the safety of care for patients admitted to the Worcester-based facility.
  • Nurses continue to witness the violation of the hospital's handbook on Patient Rights and Responsibilities, but their concerns have gone unanswered.
  • The hospital rarely staffs intensive care units with enough staff to provide this level of care to the most critically ill patients.
  • Founded in 1903, the Massachusetts Nurses Association is the largest union of registered nurses in the Commonwealth of Massachusetts.

St. Lawrence Seaway workers deliver overwhelming strike mandate

Retrieved on: 
Thursday, October 12, 2023

"Seaway workers manage the transit of more than 200 million tons of cargo each year and they deserve fair wages for the vital and challenging work they do," said Lana Payne, Unifor National President.

Key Points: 
  • "Seaway workers manage the transit of more than 200 million tons of cargo each year and they deserve fair wages for the vital and challenging work they do," said Lana Payne, Unifor National President.
  • "The St. Lawrence Seaway Management Corporation, as a contractor of the federal government, must meet wage expectations and show these workers the value of their labour."
  • "Workers are expecting wage increases, especially given the current cost of living, and they have made it clear that the St. Lawrence Seaway Corporation hasn't yet offered enough to settle this agreement," said Daniel Cloutier, Quebec Regional Director.
  • Unifor is Canada's largest union in the private sector and represents 315,000 workers in every major area of the economy.

Sterling Bancorp Reports Second Quarter 2023 Financial Results

Retrieved on: 
Wednesday, July 26, 2023

(the “Bank”), today reported its unaudited financial results for the second quarter ended June 30, 2023.

Key Points: 
  • (the “Bank”), today reported its unaudited financial results for the second quarter ended June 30, 2023.
  • Net recoveries during the second quarter of 2023 were $(0.4) million compared to net charge offs of $6.4 million in the first quarter of 2023.
  • Net Interest Income and Net Interest Margin – Net interest income for the second quarter of 2023 was $16.2 million compared to $17.7 million for the first quarter of 2023 and $19.5 million for the second quarter of 2022.
  • The net interest margin of 2.64% for the second quarter of 2023 decreased from the net interest margin of 2.93% for the first quarter of 2023 and decreased from the net interest margin of 2.95% for the second quarter of 2022.

Sterling Bancorp, Inc. Plea Agreement with DOJ Receives Final Court Approval

Retrieved on: 
Wednesday, July 19, 2023

Sterling Bancorp, Inc. (NASDAQ: SBT) (the “Company”), the holding company of Sterling Bank and Trust, F.S.B.

Key Points: 
  • Sterling Bancorp, Inc. (NASDAQ: SBT) (the “Company”), the holding company of Sterling Bank and Trust, F.S.B.
  • (the “Bank”), today announced that the United States District Court for the Eastern District of Michigan approved the Plea Agreement previously entered into by the Company with the U.S. Department of Justice, Criminal Division, Fraud Section (the “DOJ”).
  • The restitution amount will be administered by a special master to be appointed by the court.
  • The Company and the DOJ entered into the Plea Agreement on March 15, 2023, resolving the DOJ’s investigation focused on the Bank’s Advantage Loan Program and related issues.

Sterling Bancorp Reports First Quarter 2023 Financial Results

Retrieved on: 
Monday, May 1, 2023

Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B.

Key Points: 
  • Sterling Bancorp, Inc. (NASDAQ: SBT) (“Sterling” or the “Company”), the holding company of Sterling Bank and Trust, F.S.B.
  • (the “Bank”), today reported its unaudited financial results for the first quarter ended March 31, 2023.
  • “Sterling’s first quarter of 2023 results continue the very deliberate remediation and repositioning begun in 2020.
  • Consequently, margin pressures are being witnessed here and throughout the industry.”
    Management will host a conference call on Monday, May 1, 2023 at 11:00 a.m. Eastern Time to discuss the Company’s unaudited financial results for the quarter ended March 31, 2023.

Sterling Bancorp, Inc. Enters Into Plea Agreement with DOJ; Resolves DOJ Investigation of the Company Relating to the Advantage Loan Program; Revises Fourth Quarter and Full Year 2022 Unaudited Financial Results

Retrieved on: 
Wednesday, March 15, 2023

Based on the estimated financial impact of the Plea Agreement, the Company reported a net loss of $(14.2) million for the full year 2022 and $(18.4) million for the fourth quarter of 2022.

Key Points: 
  • Based on the estimated financial impact of the Plea Agreement, the Company reported a net loss of $(14.2) million for the full year 2022 and $(18.4) million for the fourth quarter of 2022.
  • The resulting material revisions to the Company’s financial highlights for the fourth quarter and full year ended December 31, 2022 are below.
  • The Company agreed as part of the Plea Agreement not to seek a tax deduction for the restitution payment.
  • An archived version of the webcast will be available in the same location shortly after the live call has ended.

UK Ministry of Defence awards Palantir £75 million Enterprise Agreement

Retrieved on: 
Wednesday, December 21, 2022

LONDON, Dec. 21, 2022 /PRNewswire/ -- Palantir Technologies UK, LTD. today announced a landmark Enterprise Agreement (EA) with the UK Ministry of Defence (MOD).

Key Points: 
  • LONDON, Dec. 21, 2022 /PRNewswire/ -- Palantir Technologies UK, LTD. today announced a landmark Enterprise Agreement (EA) with the UK Ministry of Defence (MOD).
  • Working in close collaboration with Defence Digital, Palantir software will enable the MOD to exploit data at scale and speed to make faster, better decisions across Defence.
  • Director Chief Data at Defence Digital Caroline Bellamy said:
    "As a strategic partner in a complex Defence Data eco-system, Palantir products and services are helping Defence to become a truly integrated digital enterprise, with data exploitation at the heart of a faster, better, and more integrated Defence.
  • Guy Williams, Head of UK Defence & National Security, Palantir Technologies UK, Ltd. said:
    "Palantir's Enterprise Agreement with the MOD will accelerate the UK Armed Forces' journey to become a truly integrated force.

Derek Dicker Named Chief Executive of Nyriad

Retrieved on: 
Tuesday, March 1, 2022

AUSTIN, Texas, March 1, 2022 /PRNewswire/ -- Nyriad, Inc. today announced that Derek Dicker has been appointed Chief Executive Officer (CEO).

Key Points: 
  • AUSTIN, Texas, March 1, 2022 /PRNewswire/ -- Nyriad, Inc. today announced that Derek Dicker has been appointed Chief Executive Officer (CEO).
  • Dicker, a current Board member, succeeds Herb Hunt, who has been named Executive Chair of the Board.
  • "Thanks to Herb's outstanding contributions, we are announcing our next chapter for Nyriad in which Herb will become Executive Chair and Derek will step in as CEO.
  • Prior to Micron, Dicker served in management and executive level roles at Intel, Integrated Device Technology, and PMC-Sierra (acquired by Microsemi Corporation).

5 Ways IT Leaders Can Prepare for the First Microsoft M365 and O365 Licensing Pricing and Consumption Changes in Years

Retrieved on: 
Thursday, December 2, 2021

It comes amidst confusion and surging demand levels on the heels of recent announcements from Microsoft unveiling changes to Office 365 and M365 plans.

Key Points: 
  • It comes amidst confusion and surging demand levels on the heels of recent announcements from Microsoft unveiling changes to Office 365 and M365 plans.
  • Here's how IT leaders can prepare for major pricing and consumption changes to Microsoft licensing starting in Q1 2021.
  • Then on June 30th, 2022, Microsoft will roll out its New Commerce Experiencealong with pricing adjustments based on how users purchase and manage licensing.
  • In addition to price increases, the Microsoft New Commerce Experience (NCE) impacts all users leveraging Microsoft cloud technologies across O365, M365, D365, and Power Platform.

USD 42 Billion Growth expected in Telecom Tower Market by 2024 | 1,200+ Sourcing and Procurement Report | SpendEdge

Retrieved on: 
Monday, September 6, 2021

NEW YORK, Sept. 6, 2021 /PRNewswire/ -- The Telecom Tower will grow at a CAGR of 14.09% by 2024.This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their Telecom Tower requirements.

Key Points: 
  • NEW YORK, Sept. 6, 2021 /PRNewswire/ -- The Telecom Tower will grow at a CAGR of 14.09% by 2024.This report offers key advisory and intelligence to help buyers identify and shortlist the most suitable suppliers for their Telecom Tower requirements.
  • The pressure from substitutes and a moderate level of threat from new entrants has resulted in the moderate bargaining power of suppliers.
  • Buyers should align their preferred pricing models for Telecom Tower with the wider industry and identify the cost-saving potential..
    Will there be an Increase in the Spend Growth for Telecom Tower Procurement?
  • The report provides a complete drill-down on Global Telecom Tower spend outlook at a global as well as regional level.