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Nikola And Ryder Terminate Service Partner Agreement To Allow Each Other To Expand Partnership Opportunities

Saturday, May 30, 2020 - 1:00am

As a result, both companies are able to explore emerging opportunities within the rapidly growing commercial transportation industry.

Key Points: 
  • As a result, both companies are able to explore emerging opportunities within the rapidly growing commercial transportation industry.
  • Nikola and Ryder view this decision positively and are both now open to business arrangements with other partners as the industry continues to evolve.
  • "Ryder has been incredible to work with and they have been with us since late 2016," says Trevor Milton, CEO Nikola Corporation.
  • "As the market evolves, each of us are now free to expand our operations to other partners, something the previous agreement did not allow us to do.

Valley National Bancorp Announces Pricing of Subordinated Notes

Friday, May 29, 2020 - 10:29pm

NEW YORK, May 29, 2020 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) (Valley) announced today that it priced $115 million of its 5.25% Fixed-to-Floating Rate Notes due 2030 (the Notes).

Key Points: 
  • NEW YORK, May 29, 2020 (GLOBE NEWSWIRE) -- Valley National Bancorp (NASDAQ:VLY) (Valley) announced today that it priced $115 million of its 5.25% Fixed-to-Floating Rate Notes due 2030 (the Notes).
  • Valley intends to use the net proceeds from the offering of the Notes for general corporate purposes and investments in Valley National Bank as regulatory capital.
  • Keefe, Bruyette & Woods, Inc., Morgan Stanley & Co. LLC and Piper Sandler & Co. are acting as joint book-running managers for the Notes offering.
  • As the principal subsidiary of Valley, Valley National Bank is a regional bank with approximately $39 billion in assets.

Wilson Blanchard Management Hires Tania Haluk as Vice President of Operations

Friday, May 29, 2020 - 9:58pm

Southern Ontario, May 29, 2020 (GLOBE NEWSWIRE) -- Wilson Blanchard Management (WBM), an Associa company, announces the hiring of Tania Haluk as the vice president of operations.

Key Points: 
  • Southern Ontario, May 29, 2020 (GLOBE NEWSWIRE) -- Wilson Blanchard Management (WBM), an Associa company, announces the hiring of Tania Haluk as the vice president of operations.
  • Ms. Haluk joins Wilson Blanchard Management with several decades of experience working in condominium communities, where she has held various executive roles, specializing in areas such as start-ups, operations, transitions, and organizational effectiveness.As the new vice president of operations for Wilson Blanchard, she will focus on branch operations, business development, client growth, employee training and retention, and project service areas.
  • Ms. Haluk currently serves as president of the Canadian Condominium Institute (CCI), Toronto and Area Chapter, in addition to contributing as a member of the education committee and chair of the national operations and support committee.
  • We look forward to seeing how Tania implements her management style and customer focus to further our client growth and retention.

The Coalition for NYC Hospitality & Tourism Recovery Names RUBENSTEIN Its Public Relations Agency of Record

Friday, May 29, 2020 - 6:00pm

NEW YORK, May 29, 2020 /PRNewswire-PRWeb/ -- RUBENSTEIN , the strategic communications and reputation management firm, today announced it has been selected to lead communications for NYC & Company's Coalition for NYC Hospitality & Tourism Recovery .

Key Points: 
  • NEW YORK, May 29, 2020 /PRNewswire-PRWeb/ -- RUBENSTEIN , the strategic communications and reputation management firm, today announced it has been selected to lead communications for NYC & Company's Coalition for NYC Hospitality & Tourism Recovery .
  • "The Coalition for NYC Hospitality & Tourism Recovery leveraging the wisdom and experience of New York's diverse institutions and communities is hard at work to prepare for that time and help make it possible.
  • We are proud to be a part of the effort charting the path back for businesses, New Yorkers, and visitors."
  • RUBENSTEIN is the independent strategic communications and reputation management firm founded by Howard J. Rubenstein in 1954.

Akerna Flash Report: Boomers Drive the Edibles Market Among First-time Buyers

Friday, May 29, 2020 - 4:24pm

Our research has shown baby boomers and older adults continue to be the largest and fastest-growing group of new cannabis users.

Key Points: 
  • Our research has shown baby boomers and older adults continue to be the largest and fastest-growing group of new cannabis users.
  • The higher share of edibles for boomers comes mostly at the expense of concentrates.
  • Its interesting to note, while weve seen strong purchases in edibles among first-time buyers, when it comes to regular buyers, boomers spend 15% on edibles versus 6% for consumers in the 18-34 age group, said Primus.
  • Flash Report is a look at buying trends in the cannabis market as captured by Akernas MJ Freeway subsidiary.

The Word & Brown Companies Support St. Joseph Hospital Orange With Masks Donation

Friday, May 29, 2020 - 5:00pm

The Word & Brown Companies today announced the donation of 20,000 Personal Protective Equipment (PPE) masks to St. Joseph Hospital Orange.

Key Points: 
  • The Word & Brown Companies today announced the donation of 20,000 Personal Protective Equipment (PPE) masks to St. Joseph Hospital Orange.
  • View the full release here: https://www.businesswire.com/news/home/20200529005126/en/
    Executives from The Word & Brown Companies stopped by St. Joseph Hospital Orange to donate 20,000 PPE masks.
  • We are grateful for The Word & Brown Companies incredible donation of 20,000 masks to St. Joseph Hospital Foundation, noted Amy Daugherty, Chief Philanthropy Officer at St. Joseph Hospital Orange.
  • In addition to the donation of masks to St. Joseph Hospital, The Word & Brown Companies have distributed 25,000 masks to employees and family members of employees in Orange County and across the country.

Coronavirus: A ban on evictions and help for rough sleepers

Friday, May 29, 2020 - 3:00pm

This briefing paper explains measures the Government has put in place during the coronavirus outbreak to assist households to retain their homes and to enable local authorities to tackle the specific challenges faced by rough sleepers.

Key Points: 
  • This briefing paper explains measures the Government has put in place during the coronavirus outbreak to assist households to retain their homes and to enable local authorities to tackle the specific challenges faced by rough sleepers.
  • The paper is being updated regularly to take account of new developments.
  • The report urges the Government to implement six key measures to protect rough sleepers and renters:

    The Committeeasked the Government to respond to its recommendations by 12 June 2020.

  • This paper will be updated to take account of additional announcements and developments.

NYSPA Announces Pro-Bono Trauma-Informed Therapy for Anyone Affected by COVID-19

Thursday, May 28, 2020 - 8:13pm

Under the initiative, any resident of New York state -- regardless of ability to pay -- may receive up to six free therapy sessions with some of New York's leading psychologists.

Key Points: 
  • Under the initiative, any resident of New York state -- regardless of ability to pay -- may receive up to six free therapy sessions with some of New York's leading psychologists.
  • The program, initiated by NYSPA President, Dr. Daniel Kaplin, and Disaster Relief Network (DRN) Chair, Dr. Evelyn Rappoport, is expected to attract a large number of applicants.
  • "These are unprecedented times, and nobody should be denied access to trauma treatment," noted Dr. Rappoport.
  • "Pandemics don't discriminate; trauma does not discriminate; and that is why we are here to serve people regardless of financial circumstance."

VelocIT Launches Virtual Office, Helps Companies Adapt During Pandemic and Beyond

Thursday, May 28, 2020 - 8:00pm

"Many companies have realized that their team is just as, if not more, productive working from home.

Key Points: 
  • "Many companies have realized that their team is just as, if not more, productive working from home.
  • "We've taken best in class tools and combined them into VelocIT Virtual Office.
  • It is a one-stop, fully supported, solution for companies that are looking to "unplug" from the traditional office setting."
  • Virtual Office is a fully virtual technology solution that gives teams the ability to work from anywhere with no hardware beyond their end-user devices.

Solay App Provides Social Distancing Technology for Resort Pools & Beaches

Thursday, May 28, 2020 - 8:00pm

The Solay App provides Resorts & Hotels with a free inventory management system to set up overnight guests with reserved seats placed 6 feet apart at pools and beaches.

Key Points: 
  • The Solay App provides Resorts & Hotels with a free inventory management system to set up overnight guests with reserved seats placed 6 feet apart at pools and beaches.
  • Offering a contactless solution to maintain social distancing, Resorts & Hotels utilizing Solay contribute to a safer return to travel and experience greater ease in adhering to COVID-19 guidelines.
  • The Solay App is a seating reservation tool used by overnight guests that generates real time information to Hotels & Resorts.
  • Solay utilizes customized property information and seating maps, organizing the logistics of social distancing among Hotel & Resort registered guests when they enjoy pools and beaches.