Economic development

Latin America Digital Commerce Market Insights and Payment Innovations 2024: Real-time Payments in Latin America are Anticipated to Exceed 100 billion Transactions by 2027 - ResearchAndMarkets.com

Retrieved on: 
Friday, March 29, 2024
Technology, Retail, Online Retail, Payments, Online, EUR, Payment, BNPL, Consumer, Growth, Projection, Social, Social media, Link, Economic development, B2C, Website, Credit, Online shopping

The "Latin America Digital Commerce: Market Insights and Payment Innovations 2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Latin America Digital Commerce: Market Insights and Payment Innovations 2024" report has been added to ResearchAndMarkets.com's offering.
  • Latin America's E-Commerce is experiencing a surge, with forecasts predicting substantial growth to surpass EUR 850 billion by 2026.
  • Credit cards currently dominate the region's B2C E-Commerce transactions, accounting for over 40%, followed by Pix at approximately 10%.
  • Real-time payments in Latin America are also anticipated to experience significant growth, with a projected CAGR of around 30% between 2022 and 2027, reaching over 100 billion real-time payments by 2027.

Matters of State Strategies Names Matt Capalby As VP of Government Affairs

Retrieved on: 
Friday, March 29, 2024
Public Policy, Government, Communications, Other Policy Issues, Other Communications, Social Activism, Elections, Campaigns, Public Relations, Investor Relations, AAPC, Arizona Democratic Party, Assistant, Public policy, Economic development, Environmental quality, Multimedia, Policy, State

Longtime Arizona political veteran Matt Capalby has joined the team at Matters of State Strategies as VP of Government Affairs.

Key Points: 
  • Longtime Arizona political veteran Matt Capalby has joined the team at Matters of State Strategies as VP of Government Affairs.
  • He has extensive experience on issues relating to state legislative affairs, economic development, natural resource management, land use, and regulatory issues.
  • More About Matters of State Strategies:
    Matters of State Strategies is a leading public relations firm specializing in strategic communications, government affairs, and political campaign management.
  • For more information about Matters of State Strategies and its award-winning services, please visit: https://www.mattersofstatestrategies.com/
    View source version on businesswire.com: https://www.businesswire.com/news/home/20240328732698/en/

JBG SMITH Releases Statement on Potomac Yard Entertainment District Proposal

Retrieved on: 
Wednesday, March 27, 2024
Commercial Building & Real Estate, Construction & Property, General Sports, Sports, Entertainment, Urban Planning, Other Entertainment, General Entertainment, Other Construction & Property, JBG, Growth, The Washington Post, Municipal council, Trust, Senate, SMITH, City, Economic development, Washington Capitals, Politics, Transport, Commonwealth, Monumental, Housing, Investment, Tysons, Virginia, Washington Wizards, Virginia Senate, MEI, Metro

JBG SMITH (NYSE: JBGS) today issued a statement on the Potomac Yard Entertainment District.

Key Points: 
  • JBG SMITH (NYSE: JBGS) today issued a statement on the Potomac Yard Entertainment District.
  • In December, we announced plans to develop an entertainment district in Potomac Yard, anchored by the Washington Capitals, Washington Wizards and the Monumental Sports & Entertainment corporate headquarters.
  • Today it was announced that discussions between Monumental, Alexandria and the Commonwealth of Virginia have been terminated.
  • This was a once-in-a-generation opportunity to build a world-class arena and entertainment district at Potomac Yard and to realize the vision of that community as a dense, mixed-use neighborhood.

WSFS CARES Foundation Provides More Than $185K in First Quarter Grants to Community Organizations

Retrieved on: 
Wednesday, March 27, 2024
Professional Services, Philanthropy, Environmental, Social and Governance (ESG), Socially Responsible Investing, Finance, Foundation, Banking, Delaware State University, DLC, Altruism, Organization, University, Science, Education, WSFS, Temple University, NJCC, Research, Economic development, Acquisition, WSFS Bank, Volunteering, CDFI, STEMM, Engineering, Ecosystem, DPP, Distance, Rehabilitation, Medicine, Nursing

The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to five organizations as part of its continuing series of philanthropic activities by WSFS and the Foundation.

Key Points: 
  • The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to five organizations as part of its continuing series of philanthropic activities by WSFS and the Foundation.
  • “The mission of the WSFS CARES Foundation is to support nonprofits that are invested in improving communities and fostering a spirit of inclusion and diversity,” said Patrick J.
  • Ward, Executive Vice President, Pennsylvania Market President at WSFS Bank and Chairman of the WSFS CARES Foundation.
  • We are grateful to WSFS for their investment in the revitalization of this Wilmington, Delaware community.”

Equinor Establishes Major Union Partnership for New York’s First Offshore Wind Hub

Retrieved on: 
Wednesday, March 27, 2024
Public Policy, Government, Other Energy, Utilities, State, Local, Alternative Energy, Energy, Maritime, Transport, SBMT, Ecosystem, Business development, Wind, Commerce, Inflation, Empire Wind, South Brooklyn Marine Terminal, Veteran, NYCEDC, BCTC, Partnership, Grid Systems, BOND, MWBE, OSW, Woman, Project Labor Agreement, Workforce, General Electric, Economic development, Empire State, Brooklyn Chamber of Commerce, Integration, Skanska, Housing, New Yorker, Health, PLA, Environment, Greater New York, Empire, NYCHA, Renewable energy

The revitalized SBMT will play a key role in Equinor’s development of the Empire Wind offshore wind project as a staging and assembly site and as a home for the project’s operations and maintenance base.

Key Points: 
  • The revitalized SBMT will play a key role in Equinor’s development of the Empire Wind offshore wind project as a staging and assembly site and as a home for the project’s operations and maintenance base.
  • This first-of-its-kind PLA for Equinor is a commitment to building SBMT responsibly with the help of New York’s highly skilled union construction workforce.
  • “As the hub for Empire Wind, SBMT will play a transformational role in the development of the offshore wind industry and deliver more than renewable energy generated off New York’s shores.
  • The local union affiliates represent approximately 100,000 union construction workers in the New York City region.

Thomaston Equipped with 100% Fiber Internet; GoNetspeed Announces Network Completion

Retrieved on: 
Wednesday, March 27, 2024
Networks, Internet, Mobile, Wireless, Technology, Telecommunications, GoNetSpeed, Bath, Economic development, Data-rate units, Cable television

GoNetspeed today announced that residents and businesses in Thomaston, Maine can now experience the power and speed of future-proof fiber internet with the completion of GoNetspeed’s infrastructure build.

Key Points: 
  • GoNetspeed today announced that residents and businesses in Thomaston, Maine can now experience the power and speed of future-proof fiber internet with the completion of GoNetspeed’s infrastructure build.
  • With the completion of GoNetspeed’s 100% fiber optic network, homes and businesses throughout the town now have direct access to symmetrical upload and download speeds, improving access and speed online.
  • “We are thrilled to bring Thomaston online and empower residents and businesses with the reliable, high-speed internet they deserve,” said Richard Clark, GoNetspeed President & CEO.
  • With access to 100% fiber internet, Thomaston is powered with faster speeds and better reliability, positioning the community for a successful future online.

Ørsted Proposes New Connecticut Offshore Wind Farm to Power State’s Clean Energy Future, Drive Job Creation

Retrieved on: 
Wednesday, March 27, 2024
Environment, Other Energy, Utilities, Alternative Energy, Sustainability, Green Technology, Energy, Retail, Supply Chain Management, Environmental protection, Wind, Organization, University, Associate, Partnership, Mystic Aquarium, Education, SCSU, Research, Economic development, Hope, South Fork Wind Farm, Quality of life, Student, Biodiversity, Revolution, Investment, State, Workforce, DEEP, University of Connecticut, Renewable energy

Connecticut’s offshore wind leader Ørsted today announced submission of its proposed project, Starboard Wind, to the Department of Energy and Environmental Protection.

Key Points: 
  • Connecticut’s offshore wind leader Ørsted today announced submission of its proposed project, Starboard Wind, to the Department of Energy and Environmental Protection.
  • Ørsted’s proposed 1,184-megawatt (MW) Starboard Wind project would deliver clean and reliable offshore wind power to Connecticut at stable and predictable pricing for decades.
  • Ørsted and Eversource are currently building Revolution Wind, Connecticut’s first offshore wind farm, marshaling the project out of State Pier.
  • Revolution Wind will deliver 304 MW of clean, affordable offshore wind power to Connecticut and another 400 MW to Rhode Island, powering more than 350,000 New England homes.

Avangrid Submits Multiple Proposals for Transformative New England Wind Projects to Regional Offshore Wind Solicitation

Retrieved on: 
Wednesday, March 27, 2024
Environmental Policy, Utilities, Sustainability, Environmental Health, Alternative Energy, Energy, State, Local, Environment, Labor, Green Technology, Climate Change, Public Policy, Government, Biophysical environment, Davit, Climate, Salem Harbor, City, Wind, Carbon, RFP, Commerce, EJ, Vineyard, Project, Partnership, BGS, Education, ROD, Bureau, Tenant, Economic development, Project Labor Agreement, Workforce, Primary energy, Greater Bridgeport, Hand, Commonwealth, Electricity, OIC, Climate change, Organization, COP, Large, Brayton Point Power Station, Student, Climate change mitigation, SOV, Family, Economics, Port, Chamber, PLA, MOU, Construction, Natural Resources, Crowley Maritime, BPS, Edison Chouest Offshore, Town, Flood, Diversity, Environmental justice, Heart, Salem Port, Geography, AGR, Multimedia, Renewable energy

Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power.

Key Points: 
  • Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today submitted multiple proposals for mature, transformative New England Wind projects to the Massachusetts-Connecticut-Rhode Island multi-state solicitation for offshore wind power.
  • Avangrid submitted a bid for New England Wind 1, a second bid for New England Wind 1 and 2 combined, and additional bids for single-state procurements in Massachusetts, Connecticut, and Rhode Island.
  • “In powering up the first-in-the-nation Vineyard Wind 1 project, Avangrid proved that American offshore wind is possible.
  • New England Wind 1 will create more than 4,400 full-time equivalent jobs, and bring $3 billion of direct investment to the region.

Portland Receives 100% Fiber Internet; GoNetspeed Celebrates Network Completion

Retrieved on: 
Monday, March 25, 2024
Technology, Men, Family, Utilities, Consumer, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, Building Systems, Telecommunications, Networks, Internet, Urban Planning, Women, GoNetSpeed, Bath, Economic development, Data-rate units, Cable television

Residents and businesses throughout Portland can now experience the power and speed of future-proof fiber internet upon the completion of GoNetspeed’s infrastructure build, the company today announced.

Key Points: 
  • Residents and businesses throughout Portland can now experience the power and speed of future-proof fiber internet upon the completion of GoNetspeed’s infrastructure build, the company today announced.
  • Through the completion of GoNetspeed’s 100% fiber optic network, more than 13,000 homes and businesses throughout the community now have direct access to symmetrical upload and download speeds, improving access and speed online.
  • GoNetspeed is continuing to ensure that more communities throughout Maine have access to high-speed, 100% fiber internet.
  • GoNetspeed continues to deliver more fiber, more access, more speed, and better reliability to residents and businesses throughout our footprint.

U. S. Steel Consent Decree for Clairton Plant Incidents Authorized by Environmental Protection Agency and Department of Justice

Retrieved on: 
Tuesday, March 26, 2024
Environment, Manufacturing, Environmental Issues, Green Technology, Environmental Health, Steel, Allegheny County, Pennsylvania, Consent, Letter, U.S. Steel, U.S. EPA, Public, Consent decree, Edgar Thomson Steel Works, DOJ, Plant, Clairton, Pennsylvania, Coke, Monongahela River, United States district court, Hydrogen, Safety, Economic development, Iron

United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ).

Key Points: 
  • United States Steel Corporation (NYSE: X) has received authorization for its multi-million-dollar Consent Decree from the United States Environmental Protection Agency (U.S. EPA) and the United States Department of Justice (DOJ).
  • The January 2024 Consent Decree with the Allegheny County Health Department, Clean Air Council, and PennEnvironment addressed the Clairton Plant fire in 2018, and power outages at the Plant in 2019 and 2022.
  • Project funds will be managed and distributed by the Jefferson Regional Foundation and Allegheny County Department of Economic Development.
  • On March 20, 2024, DOJ issued a letter stating that they had no objections to the Consent Decree.