Commonwealth

Heywood Hospital Nurses Vote to Ratify New MNA Contract Aimed at Stabilizing RN Workforce and Improving Patient Care Conditions

Retrieved on: 
Monday, February 26, 2024

GARDNER, Mass., Feb. 26, 2024 /PRNewswire/ -- Registered nurses at Heywood Hospital, represented by the Massachusetts Nurses Association (MNA), voted on Thursday, February 22 to ratify a new MNA contract that will help nurses continue to provide high-quality care to community members through strong wage increases, the protection of RN benefits, and other key improvements.

Key Points: 
  • The new contract comes as Heywood Healthcare navigates bankruptcy proceedings and nurses advocate for professional respect and safe patient care amid the system's financial challenges.
  • With the agreement, nurses are seeking to address a long-standing staffing crisis at Heywood Hospital created by years of stagnating wages and deteriorating benefits.
  • "We will continue to hold Heywood Healthcare leadership accountable for providing excellent care to all community members in need."
  • "Under this contract, nurses know they will receive competitive raises and that their benefits will be protected, which will positively impact morale," said Jess Downer, Heywood Hospital RN, and MNA Bargaining Committee member.

OFS Unveils Build America, Buy America Act Compliant Optical Fiber Solutions for BEAD-Funded Networks

Retrieved on: 
Friday, February 23, 2024

NORCROSS, Ga., Feb. 23, 2024 /PRNewswire/ -- OFS, a global leader in optical fiber solutions, proudly announces the availability of Build America, Buy America Act (BABAA) compliant optical fiber, fiber optic cabling, and optical connectivity products.

Key Points: 
  • NORCROSS, Ga., Feb. 23, 2024 /PRNewswire/ -- OFS, a global leader in optical fiber solutions, proudly announces the availability of Build America, Buy America Act (BABAA) compliant optical fiber, fiber optic cabling, and optical connectivity products.
  • OFS offers an extensive range of BABAA compliant construction materials and manufactured products tailored to the specific needs of BEAD-funded projects.
  • Holly Hulse, CEO of OFS, explained, "We are pleased to offer optical fiber solutions that meet BABAA standards to do our part to bring high-speed internet to all Americans.
  • OFS is proud to manufacture BABAA compliant products in its Georgia factories to preserve and expand high-tech employment opportunities in the state.

Fractal Marine DMCC Responds to UK Sanctions and Reaffirms Commitment to Compliance and Transparency

Retrieved on: 
Friday, February 23, 2024

Fractal Marine is founded on the core principles of compliance, transparency, and the fostering of robust relationships within the international trading community, including active communication and alignment with the objectives of the price cap coalition.

Key Points: 
  • Fractal Marine is founded on the core principles of compliance, transparency, and the fostering of robust relationships within the international trading community, including active communication and alignment with the objectives of the price cap coalition.
  • Fractal Marine has initiated a formal challenge against the sanctions in response to these developments.
  • As we move forward, Fractal Marine is focused on challenging the UK designations and clearing any misunderstandings regarding our operations and compliance record.
  • We remain dedicated to transparency, open communication, and the pursuit of excellence in all aspects of our business.

Succession Link Announces Strategic Partnership with Commonwealth Financial Network® to Enhance M&A and Succession Planning Opportunities for Its Advisors

Retrieved on: 
Thursday, February 22, 2024

Through this strategic partnership, Commonwealth's affiliated advisors can leverage Succession Link's technology to access M&A, succession planning, and continuity matching opportunities.

Key Points: 
  • Through this strategic partnership, Commonwealth's affiliated advisors can leverage Succession Link's technology to access M&A, succession planning, and continuity matching opportunities.
  • Succession Link's innovative solution, designed specifically for Registered Investment Advisers and broker/dealers, provides a confidential, web-based platform that facilitates seamless communication among financial advisors within a defined community.
  • This strategic partnership represents the convergence of Succession Link's pioneering solutions with Commonwealth's commitment to advisor success.
  • Together, we are unlocking new dimensions in M&A, succession planning, and continuity matching for financial advisors," said Nicholas Gudz, cofounder of Succession Link.

Dominion Energy Successfully Concludes Noncontrolling Equity Partner Process for Coastal Virginia Offshore Wind Commercial Project; Announces Highly Credit-Positive Transaction Featuring Robust Cost- and Risk-Sharing With High-Quality and Well-Capitalized

Retrieved on: 
Thursday, February 22, 2024

Under the terms of the agreement, Dominion Energy will retain full operational control of the construction and operations of CVOW.

Key Points: 
  • Under the terms of the agreement, Dominion Energy will retain full operational control of the construction and operations of CVOW.
  • Robert M. Blue, Dominion Energy chair, president and chief executive officer, said:
    "The Coastal Virginia Offshore Wind project continues to proceed on-time and on-budget and consistent with our previously communicated timing and cost expectations.
  • We have reviewed the transaction with our credit-rating agencies and expect the transaction to be viewed as a significant credit-positive, which will ultimately benefit our customers.
  • Dominion Energy management believes FFO-to-debt provides a more meaningful representation of the company's ability to service its debt obligations.

Emerge Education Advances Pennsylvania's Healthcare Workforce with $251,922 Grant from the Department of Labor & Industry

Retrieved on: 
Wednesday, February 21, 2024

MECHANICSBURG, Pa., Feb. 21, 2024 /PRNewswire/ -- In a monumental step towards revitalizing Pennsylvania's healthcare workforce, Emerge Education, a trailblazer in healthcare workforce development, has been awarded a $251,922.49 grant from the Pennsylvania Department of Labor & Industry's "Creating Nursing Pathways in Pennsylvania through Apprenticeships" initiative. This crucial funding will empower Emerge to expand its Workforce Navigator™ and Emerge Prepared™ programs with a dual focus

Key Points: 
  • Investing in Tomorrow's Healthcare Workforce: Grant Expands Programs Equipping Pennsylvania's Healthcare Workforce with Vital Skills to Address the 32% Vacancy Rate of Nursing Support Staff of Pennsylvania Healthcare Systems.
  • *
    MECHANICSBURG, Pa., Feb. 21, 2024 /PRNewswire/ -- In a monumental step towards revitalizing Pennsylvania's healthcare workforce, Emerge Education , a trailblazer in healthcare workforce development, has been awarded a $251,922.49 grant from the Pennsylvania Department of Labor & Industry's " Creating Nursing Pathways in Pennsylvania through Apprenticeships " initiative.
  • Emerge Prepared™ equips high school students with the essential skills and industry-recognized certifications needed to launch meaningful careers in healthcare.
  • "This grant is a critical turning point for Pennsylvania's healthcare future," says Jim Hunter, CEO of Emerge Education.

SMITHFIELD COMMONWEALTH CLASH ABOUT MORE THAN JUST SPORTS

Retrieved on: 
Wednesday, February 21, 2024

SMITHFIELD, Va., Feb. 21, 2024 /PRNewswire/ -- This season, Smithfield Commonwealth Clash rivals, the University of Virginia and Virginia Tech, competed in more than just basketball. The schools rallied during the Jan. 17 game at UVA and the Feb. 19 game at Virginia Tech to see whose fans could donate the most food items for the schools' food pantries. Virginia Tech prevailed in the friendly yet unofficial Commonwealth Clash competition by collecting nearly 700 pounds of nonperishable food during its hosted game night in support of the food pantry — and a combined total of more than 1,200 pounds between the two food pantries. In addition to the nonperishable items donated, Smithfield donated $5,000 to both the UVA Community Food Pantry and the Market of Virginia Tech.

Key Points: 
  • SMITHFIELD, Va., Feb. 21, 2024 /PRNewswire/ -- This season, Smithfield Commonwealth Clash rivals, the University of Virginia and Virginia Tech, competed in more than just basketball.
  • In addition to the nonperishable items donated, Smithfield donated $5,000 to both the UVA Community Food Pantry and the Market of Virginia Tech.
  • "Smithfield is a proud ambassador for both Virginia Tech and the University of Virginia in the Smithfield Commonwealth Clash, and helping to fight food insecurity on each campus is an important initiative as a food brand," said Jessica Scarlett, brand manager for Smithfield at Smithfield Foods.
  • Since the 2014-2015 academic year, the brand has partnered with the University of Virginia and Virginia Tech in the rivalry between the schools across all school-sponsored sports — becoming the presenting sponsor of the Smithfield Commonwealth Clash in the 2021-2022 season.

Hoops at Home Returns for the 5th Year to Showcase the Massive Sports and Gaming Community at The University of Kentucky

Retrieved on: 
Wednesday, February 21, 2024

"UK's Big Blue Nation defines premier basketball heritage, and we encourage anyone who wants to be involved in the overall community of video gameplay to participate in Hoops at Home," said Heath Price, AVP for Partnerships at University of Kentucky.

Key Points: 
  • "UK's Big Blue Nation defines premier basketball heritage, and we encourage anyone who wants to be involved in the overall community of video gameplay to participate in Hoops at Home," said Heath Price, AVP for Partnerships at University of Kentucky.
  • "Gen.G is all about connecting communities through gaming, and Hoops at Home delivers on that mission," said Martin Kim, Chief Revenue Officer at Gen.G.
  • Everyone is invited to watch the action on the University of Kentucky Twitch page.
  • Hoops at Home requires that competitors have a copy of the NBA 2K24 game on PlayStation 5 or Xbox Series X/S.

BD Partners with Camtech Health to Increase Access to Cervical Cancer Screening in Singapore

Retrieved on: 
Wednesday, February 21, 2024

SINGAPORE, Feb. 21, 2024 /PRNewswire/ -- BD (Becton, Dickinson and Company) (NYSE: BDX), a leading global medical technology company, today announced a strategic partnership with Camtech Health, a digital health company focused on at-home health testing, to advance cervical cancer screening by offering the first-ever option for women in Singapore to self-collect a sample in the privacy of their own home.

Key Points: 
  • The program objective is to improve the rate of cervical cancer screening in Singapore, where less than half of eligible women are currently being tested.
  • "Cervical cancer is preventable, precancer is curable, and programs like this help to support the national goal of cervical cancer elimination.
  • In late 2020, the World Health Organization (WHO) launched its Global Strategy to Accelerate the Elimination of Cervical Cancer, recognizing the potential to virtually eliminate cervical cancer as a public health threat, recognizing the potential to eliminate cervical cancer in our lifetimeiii.
  • At-home collection can help address the urgent public health challenge of reaching women who do not attend routine cervical cancer screening.

Restructuring Veteran Edward Weisfelner Joins Algon Group as Senior Managing Director

Retrieved on: 
Tuesday, February 20, 2024

MIAMI, Feb. 20, 2024 /PRNewswire/ -- The Algon Group , a specialized financial advisory firm, is pleased to announce that highly-regarded insolvency professional, Edward Weisfelner , has joined the firm as a Senior Managing Director.

Key Points: 
  • MIAMI, Feb. 20, 2024 /PRNewswire/ -- The Algon Group , a specialized financial advisory firm, is pleased to announce that highly-regarded insolvency professional, Edward Weisfelner , has joined the firm as a Senior Managing Director.
  • Weisfelner brings more than 30 years of experience leading several of the nation's largest in/out-court restructurings.
  • Prior to joining the Algon Group, Weisfelner was the Global Chair of the Bankruptcy and Restructuring Practice Group at Brown Rudnick.
  • "I am thrilled to join Algon and be a part of their continued success," stated Weisfelner.