American Economic Association

Restaurant365 Launches Tip Automation, Strengthening Payroll Accuracy & Efficiency

Retrieved on: 
Thursday, February 29, 2024

IRVINE, Calif., Feb. 29, 2024 /PRNewswire/ -- Restaurant365, the leading all-in-one restaurant enterprise management platform, today announced the release of its tip automation tool, empowering restaurant leaders to streamline this complicated but essential work while empowering them to refocus on the most important strategic initiatives.  

Key Points: 
  • Automation empowers restaurant leaders to set customizable rules to streamline tip payouts, payroll, and compliance.
  • Restaurant365 Tip Automation bridges the gap between POS punches and the payroll system, eliminating the need for cumbersome data entry and auditing, while automating record keeping.
  • "Restaurant365 Tip Automation gives me four to five hours of my week back," said Chad Arnold, an Oklahoma-based Summer Moon Coffee franchisee and early adopter of the tool.
  • By moving the entire tip workflow to an automated system, restaurant leaders and employees get greater visibility into the entire process.

Analog Devices Appoints Peter Henry to its Board of Directors

Retrieved on: 
Thursday, December 7, 2023

Analog Devices, Inc. (Nasdaq: ADI ) today announced that its Board of Directors has appointed Dr. Peter B. Henry, a renowned international economist, as an independent director and member of the Board’s Audit Committee effective December 5, 2023.

Key Points: 
  • Analog Devices, Inc. (Nasdaq: ADI ) today announced that its Board of Directors has appointed Dr. Peter B. Henry, a renowned international economist, as an independent director and member of the Board’s Audit Committee effective December 5, 2023.
  • Dr. Henry is also Dean Emeritus of New York University’s Leonard N. Stern School of Business.
  • View the full release here: https://www.businesswire.com/news/home/20231207206669/en/
    Analog Devices appoints Peter Henry to its Board of Directors (Photo: Business Wire)
    “We are delighted to welcome Peter to the ADI Board,” said Vincent Roche, ADI’s CEO and Chair.
  • Dr. Henry currently serves on the Boards of Directors of Citigroup and NIKE, Inc., and as Chair of the Board of the National Bureau of Economic Research.

BentallGreenOak Appoints Ryan Severino as Chief Economist and Head of Research in the U.S.

Retrieved on: 
Tuesday, May 9, 2023

BentallGreenOak (BGO ), a leading, global real estate investment management advisor and a globally-recognized provider of real estate services, today announced the appointment of Ryan Severino to the newly-created role of Chief Economist and Head of Research for the firm’s U.S. business.

Key Points: 
  • BentallGreenOak (BGO ), a leading, global real estate investment management advisor and a globally-recognized provider of real estate services, today announced the appointment of Ryan Severino to the newly-created role of Chief Economist and Head of Research for the firm’s U.S. business.
  • Severino will focus on global and regional economic research, analysis, and commentary, as well as supporting BGO’s investment and portfolio management teams through property market forecasting.
  • View the full release here: https://www.businesswire.com/news/home/20230509005177/en/
    Severino brings 25 years of economics, real estate, and investment research and analysis to his role at BGO.
  • He joins BGO from JLL where he served as Chief Economist and managed the economics team.

Renowned MIT Economist Dr. Richard Schmalensee Joins BRG's Antitrust & Competition Policy Practice as Senior Advisor

Retrieved on: 
Tuesday, April 18, 2023

BOSTON, April 18, 2023 /PRNewswire/ -- Global expert services and consulting firm Berkeley Research Group (BRG) announced today the appointment of Dr. Richard "Dick" Schmalensee as a senior advisor to the firm's Antitrust & Competition Policy practice.

Key Points: 
  • BOSTON, April 18, 2023 /PRNewswire/ -- Global expert services and consulting firm Berkeley Research Group (BRG) announced today the appointment of Dr. Richard "Dick" Schmalensee as a senior advisor to the firm's Antitrust & Competition Policy practice.
  • Schmalensee joins BRG's world-leading antitrust and competition practice on the heels of high-profile appointments including renowned experts Dr. David S. Evans and Dr. Rosa M. Abrantes-Metz , and the September appointment of distinguished antitrust economist Dr. David Sunding .
  • Schmalensee is the Dean, Emeritus, of the MIT Sloan School of Management, and Howard W. Johnson Professor of Management and Professor of Economics, Emeritus, at MIT.
  • "Professor Schmalensee is one of the foremost academics in the application of economics to competition policy issues.

TIAA Institute Awards Christina H. Paxson with Hesburgh Award for Leadership Excellence in Higher Education

Retrieved on: 
Monday, April 17, 2023

NEW YORK, April 17, 2023 /PRNewswire/ -- After years of leading a university that has spurred economic development, created a more equitable campus community and developed new ways to support undocumented, low-income and first-generation college students, Brown University President Christina H. Paxson is the recipient of the 2023 TIAA Institute Hesburgh Award for Leadership Excellence.

Key Points: 
  • It's presented to a current college or university president or chancellor for outstanding leadership of their institution and broad impact on higher education and society.
  • Paxson was honored for her leadership of Brown initiatives that have improved health, education and economic well-being for residents of Providence and throughout Rhode Island.
  • "I am honored to receive this award celebrating the legacy of Father Hesburgh and his commitment to education and service," Paxson said.
  • Established in 1993, the Hesburgh Award recognizes leadership and commitment to higher education and contributions to the greater good.

SOFR Academy Welcomes Completion of PwC Review of Invesco Indexing Alignment With IOSCO Principles for Financial Benchmarks

Retrieved on: 
Tuesday, December 6, 2022

PwC assessed whether Invesco Indexing has implemented policies, processes, and control activities aligned with the IOSCO Principles.

Key Points: 
  • PwC assessed whether Invesco Indexing has implemented policies, processes, and control activities aligned with the IOSCO Principles.
  • Invesco Indexing LLC is an independent index provider owned by global asset management firm Invesco Ltd (NYSE: IVZ).
  • Invesco Indexing was also one of the first third-country benchmark administrators to be approved under the EU Benchmarks Regulation and, since January 2021, the UK Benchmarks Regulation.
  • Invesco Indexing LLC is an indirect, wholly owned subsidiary of Invesco Ltd.
    SOFR Academy supports SOFR, and near risk-free rates.

Howard University Announces Record $122 Million in Annual Research Funding; Creating New Opportunities for Students & Faculty

Retrieved on: 
Friday, October 21, 2022

Today, Howard surpassed that goal two years early by raising $122 million in Fiscal Year 2022, a record sum for any Historically Black College or University (HBCU).

Key Points: 
  • Today, Howard surpassed that goal two years early by raising $122 million in Fiscal Year 2022, a record sum for any Historically Black College or University (HBCU).
  • With our new approach to research funding, we are creating more opportunities for leading Black scholars today, while training the next generation of leaders.
  • In 2018, President Frederick relaunched Howards Office of Research and recruited Dr. Bruce Jones, Ph.D. to lead the effort.
  • With this influx of funding, Howard University is on track to becoming an R1 Research University in the coming years, a recognition awarded to the top 3.5 percent of research universities.

Invesco USD Across-the-Curve Credit Spread Indices (AXI) now accessible via Bloomberg and Refinitiv

Retrieved on: 
Thursday, September 1, 2022

Today SOFR Academy, Inc., a digital education and market information provider, announced that first-of-their-kind USD Across-the-Curve Credit Spread Indices (AXI) and USD Financial Conditions Credit Spread Indices (FXI) are now available via data redistributors Bloomberg and Refinitiv.

Key Points: 
  • Today SOFR Academy, Inc., a digital education and market information provider, announced that first-of-their-kind USD Across-the-Curve Credit Spread Indices (AXI) and USD Financial Conditions Credit Spread Indices (FXI) are now available via data redistributors Bloomberg and Refinitiv.
  • The indices maintain their hedge effectiveness and robustness over time and can be reliably computed in all economic conditions, including in times of market stress.
  • Invesco AXI reference rates automatically adapt to future changes in bank funding composition ensuring their representativeness and robustness are sustained through time.
  • AXI is a weighted average of the credit spreads of unsecured bank funding transactions with maturities out to multiple years.

Invesco Indexing and SOFR Academy announce official launch of the Invesco USD Across-the-Curve Credit Spread Indices (AXI)

Retrieved on: 
Monday, July 25, 2022

ATLANTA and NEW YORK, July 25, 2022 /PRNewswire/ -- Today Invesco Indexing LLC, an independent index provider owned by Invesco, Ltd. (NYSE: IVZ), and SOFR Academy, Inc., a digital education and data provider, announce the official launch of the first-of-their-kind USD Across-the-Curve Credit Spread Indices ("AXI") and USD Financial Conditions Credit Spread Indices ("FXI").

Key Points: 
  • ATLANTA and NEW YORK, July 25, 2022 /PRNewswire/ -- Today Invesco Indexing LLC, an independent index provider owned by Invesco, Ltd. (NYSE: IVZ), and SOFR Academy, Inc., a digital education and data provider, announce the official launch of the first-of-their-kind USD Across-the-Curve Credit Spread Indices ("AXI") and USD Financial Conditions Credit Spread Indices ("FXI").
  • SOFR Academy is driving the operationalization of AXI and FXI as credit spread add-ons for SOFR for use in lending and derivative markets.
  • The AXI and FXI indices are forward-looking credit spread indices designed to work in conjunction with the Secured Overnight Financing Rate (SOFR).
  • "According to the LSTA, there continues to be a lack of consensus on credit spread adjustments for new SOFR based loans.

Christopher Lewis joins Zurich NA to lead new Excess & Surplus Lines business unit

Retrieved on: 
Monday, May 2, 2022

SCHAUMBURG, Ill., May 2, 2022 /PRNewswire/ -- Zurich North America CEO Kristof Terryn announced today that Christopher M. Lewis will join the organization, effective May 16, 2022, as Executive Vice President and Head of a new, standalone business unit dedicated to the Excess & Surplus (E&S) Lines market.

Key Points: 
  • Drawing upon decades of experience in finance and insurance, Lewis will head Zurich NA's standalone E&S unit providing tailored solutions for customers with unique needs.
  • SCHAUMBURG, Ill., May 2, 2022 /PRNewswire/ -- Zurich North America CEO Kristof Terryn announced today that Christopher M. Lewis will join the organization, effective May 16, 2022, as Executive Vice President and Head of a new, standalone business unit dedicated to the Excess & Surplus (E&S) Lines market.
  • Lewis is a member of the American Finance Association, the American Economic Association and the American Risk and Insurance Association.
  • Zurich North America is part of Zurich Insurance Group (Zurich), a leading multi-line insurer serving more than 55 million customers both people and businesses in more than 210 countries and territories.