Retirement

Summer Announces $9M in Funding to Bring Its End-to-End Workplace Student Loan and Education Assistance Solution to HR Leaders

Retrieved on: 
Monday, April 8, 2024
Research, HR, Advisory board, DIRECTV, TIAA, Fintech, QED, Evergreen, Investment, Student loan, Retirement, Workplace, SoFi, ADP, Bank

NEW YORK, April 8, 2024 /PRNewswire-PRWeb/ -- Today, Summer –– the only end-to-end workplace student loan solution that saves employees an average of $40k and is proven to reduce turnover by 20% –– announced $9M in additional funding.

Key Points: 
  • With the round, Summer plans to expand its leadership team, grow its Advisory Board, and further enhance its tech-based solution that makes it simple to implement a range of student loan and education assistance benefits, including Secure 2.0 Student Loan Retirement Matching, Tuition Assistance and Student Loan Contributions, 529 Plan enrollment and matching, as well as enrollment in the SAVE Plan, Public Service Loan Forgiveness, and more than 100 free student loan assistance programs.
  • Even when student loan payments were paused, 38% of borrowers reported they delayed saving for retirement due to the burden of that debt.
  • "We believe Summer is uniquely equipped to help forward-thinking HR leaders navigate the complexity of student loan benefits and make it simple and cost-effective to offer benefits to employees."
  • This Advisory Board will work alongside Summer to ensure the team is delivering best-in-class solutions to the HR leaders who need them.

New Report Shows U.S. Among Global Leaders in Quickly Growing Carbon Removals Market

Retrieved on: 
Monday, April 8, 2024
Carbon, CCS, CDR, Puro, Retirement, SAN, Weather Underground (weather service), Certification, Climate, Growth, Renewable energy

SAN FRANCISCO, April 8, 2024 /PRNewswire/ -- Puro.earth, the world's leading carbon crediting platform for engineered carbon removal, released a first-of-its-kind report offering new insights into the growth of engineered carbon removals as a key climate solution across industry sectors. These carbon removal methods are defined by their use of technology to remove and store carbon long-term. The report, "Ready for Offtake: U.S. Leads Expanding Global Market for Engineered Carbon Removals," demonstrates that new industries are purchasing engineered carbon removal credits at accelerating rates, and removal projects continue to scale faster than ever, both in the U.S. and worldwide.

Key Points: 
  • SAN FRANCISCO, April 8, 2024 /PRNewswire/ -- Puro.earth, the world's leading carbon crediting platform for engineered carbon removal, released a first-of-its-kind report offering new insights into the growth of engineered carbon removals as a key climate solution across industry sectors.
  • These carbon removal methods are defined by their use of technology to remove and store carbon long-term.
  • Leads Expanding Global Market for Engineered Carbon Removals," demonstrates that new industries are purchasing engineered carbon removal credits at accelerating rates, and removal projects continue to scale faster than ever, both in the U.S. and worldwide.
  • The full report, which includes additional data on global market trends, as well as supply and demand insights, is available for download here .

New Report Shows U.S. Among Global Leaders in Quickly Growing Carbon Removals Market

Retrieved on: 
Monday, April 8, 2024
Carbon, CCS, CDR, Puro, Retirement, SAN, Weather Underground (weather service), Certification, Climate, Growth, Renewable energy

SAN FRANCISCO, April 8, 2024 /PRNewswire/ -- Puro.earth, the world's leading carbon crediting platform for engineered carbon removal, released a first-of-its-kind report offering new insights into the growth of engineered carbon removals as a key climate solution across industry sectors. These carbon removal methods are defined by their use of technology to remove and store carbon long-term. The report, "Ready for Offtake: U.S. Leads Expanding Global Market for Engineered Carbon Removals," demonstrates that new industries are purchasing engineered carbon removal credits at accelerating rates, and removal projects continue to scale faster than ever, both in the U.S. and worldwide.

Key Points: 
  • SAN FRANCISCO, April 8, 2024 /PRNewswire/ -- Puro.earth, the world's leading carbon crediting platform for engineered carbon removal, released a first-of-its-kind report offering new insights into the growth of engineered carbon removals as a key climate solution across industry sectors.
  • These carbon removal methods are defined by their use of technology to remove and store carbon long-term.
  • Leads Expanding Global Market for Engineered Carbon Removals," demonstrates that new industries are purchasing engineered carbon removal credits at accelerating rates, and removal projects continue to scale faster than ever, both in the U.S. and worldwide.
  • The full report, which includes additional data on global market trends, as well as supply and demand insights, is available for download here .

ResumeBuilder.com Survey Finds 1 in 3 Hiring Managers Say It's Beneficial To Avoid Hiring Gen Z, Senior Candidates

Retrieved on: 
Friday, April 5, 2024
Workforce, Ageism, Retirement, Bias, Education, Employment, Workplace, Prevalence, Gen, Generation Z, Management

SEATTLE, April 5, 2024 /PRNewswire-PRWeb/ -- ResumeBuilder.com, the premier resource for professional resume templates and career advice, has published a recent survey report exploring the prevalence of ageism in the workplace in 2024. The report also shares insight into hiring managers- ' apprehensions regarding the employment of Gen Z or senior workers. Overall, researchers collected and analyzed responses from 1,000 hiring managers.    

Key Points: 
  • The report also shares insight into hiring managers- ' apprehensions regarding the employment of Gen Z or senior workers.
  • Overall, researchers collected and analyzed responses from 1,000 hiring managers.
  • This group of hiring managers determines an applicant's age range by examining the candidate's years of experience, graduation year, and photo.
  • Furthermore, 36 percent of hiring managers admit to having age bias against Gen Z applicants.

Byrna Technologies Reports Fiscal First Quarter 2024 Results

Retrieved on: 
Friday, April 5, 2024
Growth, Gateway Group, CFO, Weapon, OTT, Sale, Acquisition, Stock, DTC, Argentines, Amazon (company), Retirement, Marketing, AOV, Advertising, Television, Mobile phone

ANDOVER, Mass., April 5, 2024 /PRNewswire/ -- Byrna Technologies Inc. ("Byrna" or the "Company") (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today reported select financial results for its fiscal first quarter ("Q1 2024") ended February 29, 2024.

Key Points: 
  • ANDOVER, Mass., April 5, 2024 /PRNewswire/ -- Byrna Technologies Inc. ("Byrna" or the "Company") (Nasdaq: BYRN), a personal defense technology company specializing in the development, manufacture, and sale of innovative less-lethal personal security solutions, today reported select financial results for its fiscal first quarter ("Q1 2024") ended February 29, 2024.
  • Results compare the 2024 fiscal first quarter ended February 29, 2024 to the 2023 fiscal first quarter ended February 28, 2023 unless otherwise indicated.
  • Net revenue for Q1 2024 was $16.7 million, compared to $8.4 million in the fiscal first quarter of 2023 ("Q1 2023").
  • Byrna CEO Bryan Ganz stated: "2024 has gotten off to an extremely strong start with the Company posting record sales of $16.7 million in Q1, traditionally our slowest quarter.

XPONENTIAL FITNESS, INC. (NYSE: XPOF) DEADLINE ALERT: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Xponential Fitness, Inc.

Retrieved on: 
Monday, March 25, 2024
Bloomberg Businessweek, Advertising, District court, Disclosure, Yoga, Sale, Running, News, Fitness, Pilates, Boxing, Complaint, Action Replay, Dance, Retirement, Research report, Court, Federal Trade Commission, Security (finance)

If you purchased or acquired Xponential Class A common stock, and/or would like to discuss your legal rights and options please visit Xponential Fitness, Inc.

Key Points: 
  • If you purchased or acquired Xponential Class A common stock, and/or would like to discuss your legal rights and options please visit Xponential Fitness, Inc.
  • If you wish to serve as lead plaintiff, you must move the Court no later than April 9, 2024.
  • A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
  • The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.

Trian Reaffirms Its Call for Change at Disney and the Commitment of Its Director Candidates to Work Collaboratively with Members of the Disney Board

Retrieved on: 
Monday, March 25, 2024
Institutional Shareholder Services, Culture, Growth, Exercise, The New York Times, CFO, Knowledge, CNBC, Ink, Judgement, Thought, ISS, Retirement, Procter & Gamble, The Wall Street Journal, Magic, Toy

NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- The Trian Group,1 which beneficially owns over $3.5 billion of common stock in The Walt Disney Company (NYSE: DIS), today reaffirmed its call for change in the composition of the Board of Directors of Disney and the commitment of its nominees, Nelson Peltz and Jay Rasulo, to work constructively with the Company’s Board and leadership team to drive long-term, sustainable value creation.

Key Points: 
  • Trian believes Disney’s problems lay at the feet of the Board, which lacks focus, alignment and accountability.
  • Although the Board members are accomplished professionals, they are extraordinarily busy, have invested almost none of their own money in Disney stock and have failed to heed investor input.
  • In 2019, Mr. Peltz was asked by Mr. Iger to address the Disney Board about shareholder sentiment in the media industry.
  • Trian is convinced that Mr. Peltz and Mr. Rasulo can assist Disney with its challenges and help ensure a brighter future.

PEI’s construction sector faces short-term recruiting challenges, with conditions expected to ease after 2026

Retrieved on: 
Monday, March 25, 2024
PEI, Prince Edward, Employment, Government, Growth, Construction, Woman, Housing, Fruit, Workforce, Retirement

BuildForce Canada released its 2024–2033 Construction and Maintenance Looking Forward report for Prince Edward Island today.

Key Points: 
  • BuildForce Canada released its 2024–2033 Construction and Maintenance Looking Forward report for Prince Edward Island today.
  • Investment levels in the residential sector are expected to increase after 2024 and to the end of the forecast.
  • After peaking in 2024, activity in the non-residential sector is projected to cycle down to 2029 as work on several major projects concludes.
  • Overall construction employment is expected to contract slightly across the forecast period.

As construction output grows strongly in New Brunswick after 2027, the sector must contend with replacing retirees

Retrieved on: 
Monday, March 25, 2024
Occupation, Employment, Government, Growth, Construction, Woman, Housing, Workforce, Retirement, Ageing

BuildForce Canada released its 2024–2033 Construction and Maintenance Looking Forward report for New Brunswick today.

Key Points: 
  • BuildForce Canada released its 2024–2033 Construction and Maintenance Looking Forward report for New Brunswick today.
  • Non-residential employment follows a similar path, growing consistently after 2026, and rising to 10% above 2023 levels by 2033.
  • “New Brunswick’s labour force is coming off a period where market conditions were challenging,” says Bill Ferreira, Executive Director of BuildForce Canada.
  • The development of skilled tradespersons in the construction industry takes years, and often requires participation in a provincial apprenticeship program.

Millicom (Tigo) announces proposed Offering of Senior Notes due 2032

Retrieved on: 
Monday, March 25, 2024
Retirement, Senior, Person, Note, Sale, Security (finance)

Luxembourg, March 25, 2024 – Millicom International Cellular S.A. (“Millicom”) today announced that it is commencing a private offering of Senior Notes due 2032 (the “Notes”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).

Key Points: 
  • Luxembourg, March 25, 2024 – Millicom International Cellular S.A. (“Millicom”) today announced that it is commencing a private offering of Senior Notes due 2032 (the “Notes”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).
  • Millicom expects to use a portion of the net proceeds from the issuance of the Notes to repay indebtedness outstanding under the DNB Loans (as defined below), with accrued interest.
  • Millicom expects to use any remaining net proceeds from the issuance of the Notes for the repayment, redemption, retirement or repurchase of existing indebtedness of Millicom and its subsidiaries and for other general corporate purposes.
  • This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.