FLI

Sun Life U.S. now offers Family Leave Insurance in Florida to help more workers access paid leave benefits to care for loved ones

Retrieved on: 
Tuesday, March 19, 2024

WELLESLEY, Mass., March 19, 2024 /PRNewswire/ -- Sun Life U.S. has expanded its Family Leave Insurance (FLI) offering to Florida, with more states on the way.

Key Points: 
  • WELLESLEY, Mass., March 19, 2024 /PRNewswire/ -- Sun Life U.S. has expanded its Family Leave Insurance (FLI) offering to Florida, with more states on the way.
  • The fully insured offering broadens workers' access to paid leave, giving more employers the option to provide a valuable benefit to their employees more easily.
  • Sun Life FLI aligns with the current tax credit and will align with changes in the future.
  • Sun Life FLI is offered as fully insured coverage, helping small and mid-size employers offer the benefit without the risk of self-funding.

Sun Life U.S. now offers Family Leave Insurance to help more workers access paid leave benefits to care for loved ones

Retrieved on: 
Wednesday, February 14, 2024

WELLESLEY, Mass., Feb. 14, 2024 /PRNewswire/ -- Sun Life U.S. is offering Family Leave Insurance (FLI) in Alabama, Arkansas, Tennessee, and Texas, with more states on the way.

Key Points: 
  • WELLESLEY, Mass., Feb. 14, 2024 /PRNewswire/ -- Sun Life U.S. is offering Family Leave Insurance (FLI) in Alabama, Arkansas, Tennessee, and Texas, with more states on the way.
  • The fully insured offering broadens workers' access to paid leave, giving more employers the option to provide a valuable benefit to their employees more easily.
  • Sun Life has long been an advocate for paid leave, working with state programs to include a private option and supporting the recent legislative proposal from Senators Deb Fischer and Angus King to expand access to the employer paid leave tax credit.
  • Sun Life FLI aligns with the current tax credit and will align with changes in the future.

Bruker Acquires Spectral Instruments Imaging, the Performance Leader in Preclinical In-Vivo Optical Imaging Systems

Retrieved on: 
Tuesday, February 6, 2024

Bruker Corporation (Nasdaq: BRKR) today announced that it has acquired Spectral Instruments Imaging LLC , a leader in preclinical in-vivo optical imaging systems.

Key Points: 
  • Bruker Corporation (Nasdaq: BRKR) today announced that it has acquired Spectral Instruments Imaging LLC , a leader in preclinical in-vivo optical imaging systems.
  • This acquisition fills a gap in the technology and product portfolio of the Bruker BioSpin Preclinical Imaging (PCI) division, broadening its range of preclinical solutions for disease research.
  • “Spectral Instruments Imaging systems perfectly complement the Bruker Preclinical offering,” said Keith Copeland, the CEO of SII.
  • Their advanced BLI, FLI and X-ray imaging systems complement our portfolio to better serve the diverse needs of our preclinical customers.

CPKC and CSX announce planned collaboration to develop additional hydrogen locomotives

Retrieved on: 
Thursday, June 22, 2023

As an initial step in the collaboration, CSX plans to convert one of its diesel locomotives using a hydrogen conversion kit developed by CPKC.

Key Points: 
  • As an initial step in the collaboration, CSX plans to convert one of its diesel locomotives using a hydrogen conversion kit developed by CPKC.
  • “This innovative collaboration expands our hydrogen locomotive program beyond a single railroad and represents an exciting next step in proving the long-term viability of hydrogen as a solution to emissions reduction for our industry,” said Keith Creel, CPKC president and chief executive officer.
  • “Our hydrogen locomotive went from concept to reality in 24 months with the first zero emissions hydrogen locomotive having already pulled freight in revenue service.
  • This news release contains forward-looking information relating, but not limited, to, the planned collaboration between CPKC and CSX to develop additional hydrogen locomotives, the anticipated impacts of the collaboration on levels of carbon emissions, the anticipated date the second hydrogen locomotive is expected to enter into service, and other related matters associated with providing an effective solution to diesel locomotives.

New CPKC climate commitment aligned with SBTi Business Ambition for 1.5⁰C and Net Zero

Retrieved on: 
Thursday, June 8, 2023

"This represents an important milestone in the sustainability journey for the new CPKC," said Keith Creel, CPKC President and Chief Executive Officer.

Key Points: 
  • "This represents an important milestone in the sustainability journey for the new CPKC," said Keith Creel, CPKC President and Chief Executive Officer.
  • "It comes early in our integration and reaffirms our commitment to operating sustainably as we grow our business for the future.
  • This new commitment builds on the foundational work addressing climate change already underway, including our industry-leading Hydrogen Locomotive Program."
  • This consolidated target replaces individual former CP and KCS targets to provide a single SBTi validated target while CPKC continues its ongoing integration work.

Telescope Retailer's Entire Operations Available in Tiger Group Sale

Retrieved on: 
Tuesday, June 6, 2023

LOS ANGELES, June 6, 2023 /PRNewswire/ -- One of the world's largest Internet retailers of high-performance telescopes is available for purchase as a going concern prior to the June 13 auction sale of the company's inventory, Tiger Group announced. 

Key Points: 
  • "Amateur and professional astronomers all over planet Earth know and love this retailer," said John Coelho , Senior Director, Tiger Commercial & Industrial.
  • Tiger will hold the timed, online auction of the retailer's inventory on Tuesday, June 13, at 10:30 a.m. (PT).
  • Bidding on individual items opens Tuesday, June 6, at SoldTiger.com should a turnkey sale of the business remain uncompleted.
  • For visual observing and astrophotography, the available telescope mounts are by brands such as Micron, Astro-Physics, Avalon, Celestron and Explore Scientific.

CPKC announces Board of Director appointments

Retrieved on: 
Friday, April 14, 2023

"The addition of these members brings to the board a wide range of professional experience in transportation and logistics across the United States and Mexico," said Isabelle Courville, Chair of the board of directors of CPKC.

Key Points: 
  • "The addition of these members brings to the board a wide range of professional experience in transportation and logistics across the United States and Mexico," said Isabelle Courville, Chair of the board of directors of CPKC.
  • The four appointees, all members of the former KCS Board of Directors, are:
    David Garza-Santos, a KCS director since 2016, is a business and community leader in Monterrey, N.L.
  • ), a KCS director since 2010, is currently counsel to the law firm of White & Case in Mexico City.
  • These four directors will also be nominated for election to the board of CPKC at its Annual General Meeting to be held on June 15, 2023.

CP sets date for combination with KCS, announces CPKC executive leadership team

Retrieved on: 
Friday, March 17, 2023

CP today also announced the executive leadership team that will lead CPKC.

Key Points: 
  • CP today also announced the executive leadership team that will lead CPKC.
  • "Our senior leadership team is eager to come together to write the next chapter of railroad history in North America," said Mr. Creel.
  • Full integration of CP and KCS is expected to happen over the next three years, unlocking the benefits of the combination.
  • In its decision approving the combination, the STB said CPKC "should ultimately enhance safety and benefit the environment."

Canadian Pacific and Kansas City Southern Combination Approved by U.S. Surface Transportation Board

Retrieved on: 
Wednesday, March 15, 2023

Canadian Pacific (TSX: CP) (NYSE: CP) (“CP”) and Kansas City Southern (“KCS”) said today the U.S.

Key Points: 
  • Canadian Pacific (TSX: CP) (NYSE: CP) (“CP”) and Kansas City Southern (“KCS”) said today the U.S.
  • Surface Transportation Board (“STB”) issued a decision approving the CP and KCS joint merger application, subject to certain conditions, thereby authorizing the two railways to combine to form Canadian Pacific Kansas City (“CPKC”), the first single-line railway connecting the U.S., Mexico and Canada.
  • CP President and Chief Executive Officer Keith Creel extended the company’s sincere gratitude to the STB board and staff for their hard work as part of the comprehensive review of the combination.
  • “This decision clearly recognizes the many benefits of this historic combination,” Creel said.

CP announces ratification of new collective agreement with BLET in U.S. Midwest

Retrieved on: 
Tuesday, March 7, 2023

The new collective agreement includes CP employees on the Dakota, Minnesota & Eastern ("DM&E") South territory in Iowa, Illinois, Missouri and Minnesota, as well as KCS employees in Kansas and Missouri.

Key Points: 
  • The new collective agreement includes CP employees on the Dakota, Minnesota & Eastern ("DM&E") South territory in Iowa, Illinois, Missouri and Minnesota, as well as KCS employees in Kansas and Missouri.
  • This agreement, ratified by BLET members this month, provides higher pay and scheduled time off compared to national agreements on a majority of the other Class 1 railways.
  • We caution that the foregoing list of factors is not exhaustive and is made as of the date hereof.
  • All FLI in this news release is expressly qualified in its entirety by these cautionary statements.