UA execs abruptly resign after meeting with new pres

first_imgEducation | University of AlaskaUA execs abruptly resign after meeting with new presNovember 12, 2015 by Robert Hannon, KUAC – Fairbanks Share:Two top University of Alaska executives have resigned. The heads of statewide finance and human resources have stepped down following meetings with UA’s new president. The resignations come even as the school faces big funding hurdles.Jim Johnsen at a meet and greet in July. (Photo by Jeremy Hsieh/KTOO)Monday, University of Alaska President Jim Johnsen sent word to UA staff that he had accepted the resignations of Chief Finance Officer Ashok Roy and Chief Human Resources Officer Erik Seastedt.  Johnsen said both men consulted with him before resigning. Johnsen took over as the school’s president in September. UA Spokeswoman Robbie Graham said shake-ups are not uncommon in organizations with a new boss.“When a new leader comes in, or a new CEO, or a new president, it’s inevitable there’s going to be change. Change is normal, it’s part of the process,” Graham said.Johnsen takes up the reins at a time when the state is in deficit mode and the school has seen three years of budget cuts by lawmakers. He has vowed to run a more efficient operation, even as the Board of Regents agreed to a roughly $1 billion operating budget.Robbie Graham denied the loss of the two top executives would hamper Johnsen’s ability to sell UA’s budget in Juneau.“President Johnsen clearly understands the university’s needs, the budget considerations and all ideas for how to streamline these positions in both functional areas,” Graham said.Ashok Roy joined the University in 2012, while Seastedt started in 2013. Both positions are currently being staffed by deputy officers until the positions are filled permanently.Share this story:last_img read more

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Australian dollar spikes ‘normal market’: ASIC

first_img Australian regulators report that their investigation into unusual currency movements ahead of central bank announcements has found that much of the trading action appears to reflect a normal lack of liquidity at these times, and algorithmic reactions to these conditions, rather than market manipulation. The Australian Securities and Investments Commission (ASIC) published an update on its investigation into movements in the Australian dollar shortly before the Reserve Bank of Australia’s (RBA) monetary policy decisions for February, March and April. The investigation is focused on trading in the dollar in the minute prior to the release of the RBA’s interest rate decision statement. Australia promises sweeping reform to address rampant industry misconduct ASIC scolds firms for slow reviews of systemic advice failures James Langton “Preliminary findings reveal moves in the Australian dollar ahead of the announcement to be as a result of normal market operations in an environment of lower liquidity immediately ahead of the RBA announcement,” it says. “The reduction in liquidity providers is a usual occurrence prior to announcement in all markets. Much of the trading reviewed to date was linked to position unwinds by automated trading accounts linked to risk management logic and not misconduct.” The ASIC reports that it has found liquidity being withdrawn from the market at the same time as participants sought to reduce their risk exposure ahead of the central bank announcement. “This lack of liquidity distorted the execution logic in the algorithms of some participant systems,” it notes. “This, along with a fall in trading volumes leading up to the release of key market data, means trades may have had a more pronounced impact on the price than they otherwise would.” The regulator notes that its enquiries into the cause of the swings in the currency markets are ongoing. “The Australian dollar being ranked the fourth most traded currency pair traded by turnover must be seen to be fair, orderly and transparent,” said ASIC commissioner, Cathie Armour. “We have a strong regulatory framework that will enforce and give effect to the law if we find issues regarding confidential information or manipulative trading in any market that affects Australia’s well-being,” she added. Share this article and your comments with peers on social mediacenter_img New bill will give greater penalty powers to ASIC Facebook LinkedIn Twitter Keywords Australia Related newslast_img read more

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Vulnerable clients deserve same results as everyone else: FCA

first_imgcloseup portrait, dumbfounded, flabbergasted man reading tablet atic12/123RF Recent research from the FCA found that 27.7 million adults in the U.K. display characteristics of vulnerability, such as low financial resilience, poor health and negative events. These vulnerabilities can impair their decision-making or put them at greater risk of mis-selling, the regulator said.As a result, the FCA said that firms must understand these risks and ensure that their customers are treated fairly.“This needs to happen through the whole customer journey from product design through to customer engagement and communications,” it said.The regulator said it will use the new guidance to hold firms to account for their treatment of vulnerable customers.“Protecting vulnerable consumers remains a key focus for us and given the impact of the coronavirus pandemic, it is more important than ever that firms get this right,” said Nisha Arora, director of consumer and retail policy at the FCA.“The guidance being announced today will help ensure vulnerable consumers are treated fairly and achieve outcomes as good as other consumers,” she said. “While some firms have made significant progress, we want to see all firms across sectors taking steps to understand and respond to the needs of their customers, particularly those who are most vulnerable to harm.” Keywords Seniors,  Consumer protectionCompanies Financial Conduct Authority James Langton Fund rep fined, banned for misconduct New guidance from the U.K.’s Financial Conduct Authority (FCA) aims to ensure that financial firms are treating their vulnerable customers fairly.The FCA published final guidance that aims to drive improvements in the treatment of vulnerable consumers so that they achieve the same kinds of results as other clients by clarifying the regulator’s expectations for firms. Related news Share this article and your comments with peers on social media How dealers can protect vulnerable clients New protections for senior investors on the horizon Facebook LinkedIn Twitterlast_img read more

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RGD Express Service Now Online

first_imgRelatedRGD Express Service Now Online FacebookTwitterWhatsAppEmail The Registrar General’s Department (RGD), began accepting payments online for express applications for birth, death and marriage certificates, as of yesterday (Sept 9).“Effective today, we are offering to Jamaicans all over the world, the ability to make applications and at the same time request service,” Chief Executive Officer (CEO), of the RGD, Dr. Patricia Holness told JIS News. “I tested the system and within five minutes of announcing the service, we received one application. The RGD was able to respond to the first customer, a Jamaican living in Florida, by 5:20 p.m.,” she said.“The system was posted on the RGD website at 4:30 p.m., and by 5:12 p.m. we had received two applications,” Dr. Holness said in a telephone interview.She explained that “we have been aware of the demand from our customers for the express service online for sometime now.”The CEO said that the only services, which are not available online are record updating services, since the RGD would need to see original documents for verification. These activities include Late Entry of Name, Correction of Error, Late Registration and the Addition of Father’s Particulars. These will not be offered online although these services are available on the express service.The move comes as the Agency improves its services to its customers.Dr. Holness noted that the Department is now advertising for new positions as it moves to enhance service delivery.During the 2007/08 financial year, the Agency received and processed some 49,212 express applications. For the period April to June 2008 over 11,000 such applications were processed. At the end of the first quarter of the 2008/2009 financial year, the RGD reported a 112 per cent success rate in application satisfaction. The Department further reported that for the current period, express applications are being printed in less than one day.“We have therefore decided that with this ability to satisfy customers and having regard to their constant demand for services with improved speed, we will be offering the express service online for birth, death and marriage applications,” the CEO said.She reminded customers that “they will need their entry numbers when making applications online for birth and death certificates. The CEO added that, “in the case of marriage applications customers must include the marriage officer’s name.”Customers without an entry number or a marriage officer’s name may make their request for this information by logging on to the RGD’s website at www.rgd.gov.jm and clicking on the icon for entry number. This move will benefit thousands of overseas customers who are unable to apply online as they have no entry number.She pointed out that, “this was not the first time that the RGD was offering its premium service online as the seven-day service along with the ordinary service has been offered online for over five years.During this time, the RGD reviewed its approach to the express service online by introducing a number of measures, including the electronic request for an entry number, and a marriage officer’s name.“The improvements,” the CEO said, “have resulted in great efficiencies in a number of areas and we now feel comfortable that we are able to satisfy our customers on all our speed services.”This offering of express service online is one of the continuing improvements to the RGD’s website. The RGD re-launched its website in 2006 and since then, it has introduced new features such as online payment, and an interactive blog with customers. Through the interactive blog the RGD has received over 80,000 emails, most of which have been answered within 24 hours. RGD Express Service Now Online UncategorizedSeptember 11, 2008 Advertisementscenter_img RelatedRGD Express Service Now Online RelatedRGD Express Service Now Onlinelast_img read more

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First meeting of Global Commission on People-Centred Clean Energy Transitions brings together energy and climate leaders

first_imgFirst meeting of Global Commission on People-Centred Clean Energy Transitions brings together energy and climate leaders The first meeting of the Global Commission on People-Centred Clean Energy Transitions took place today, bringing together more than 20 high-profile energy and climate figures from around the world to discuss how to empower citizens and communities to navigate the changes of a rapidly evolving energy sector.The Global Commission – also known as Our Inclusive Energy Future – is headed by Prime Minister Mette Frederiksen of Denmark. It was convened by Fatih Birol, the IEA Executive Director. Today’s virtual meeting was chaired by Dan Jørgensen, Denmark’s Minister of Climate, Energy and Utilities, and co-chaired by Sophie Gladima, Senegal’s Minister of Petroleum and Energy.A key focus of the discussion was employment and how to maximise the benefits of new job opportunities from clean energy while protecting workers and communities negatively affected by employment shifts and job losses. The importance of establishing a meaningful dialogue between government, industry and representatives of workers and other affected groups was also a recurring theme in the conversation.The meeting underscored the value of a global conversation about how clean energy transitions affect people and communities. The discussion highlighted common challenges while recognising differing local circumstances. A central concern was the need to find ways to fund the necessary actions to protect and support people and communities, particularly the most vulnerable. Participants acknowledged the importance of ensuring all people have access to clean, affordable and secure energy throughout the complex process of clean energy transitions.There was wide consensus on the value of identifying success stories and ensuring the lessons are learned from past failures. Commission members agreed to develop a set of solution-oriented recommendations that could be used for different country contexts.“The enthusiasm of so many ministers and other global figures to engage in a long and rich dialogue today demonstrates the critical importance of this issue around the world, with countries seeking to turn ambitious climate goals into effective clean energy policies that benefit all their citizens,” said Dr Birol, the IEA Executive Director. “I would like thank the Global Commission members for bringing their time and insights to this vital endeavour.”A report from the Global Commission meeting will form an important part of the IEA-COP26 Net Zero Summit, which takes place on 31 March. The Summit will provide a forum for top international energy and climate leaders from the world’s largest economies to accelerate the momentum behind clean energy and examine how countries can work together more effectively to reduce their greenhouse gas emissions. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:clean energy, Commission, Denmark, dialogue, director, employment, Government, greenhouse gas emissions, IEA, industry, Minister, participants, petroleum, Prime Minister, Senegal, the Summitlast_img read more

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Wannabe-supercar-owner flies request above Ford headquarters

first_img “Is a Ford GT in my future? #GoingFurther” That’s what the banner flying behind an airplane read as it circled over Ford’s Dearborn plant in Detroit, Michigan this week.Despite the pilot’s best efforts, Ford North America Product Communications manager Michael Levine admitted “We have no way to identify the potential customer who would like to own a Ford GT.”“We hope even more applicants complete their applications by 8:00 a.m. Eastern Friday, Dec. 7 and encourage creative videos to support their applications instead of high-flying stunts.” We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Bummer. Seems like flying his or her Christmas wishlist – along with the clever #GoingFurther hashtag, a play on Ford’s own #GoFurther marketing – above the Ford factory didn’t turn out as well as they’d planned.But hopefully they’ve submitted a formal application and paid the $500,000 fee required to own a GT.Ford recently announced it would start a second production run of the GT and taking more applications. The street-legal race car is powered by a 647-horsepower EcoBoost V6 engine and is built in Markham, Ontario. Trending Videos PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” COMMENTSSHARE YOUR THOUGHTS The Rolls-Royce Boat Tail may be the most expensive new car evercenter_img See More Videos Trending in Canada advertisement RELATED TAGSFordNon-LuxuryNew VehiclesNon-Luxury Created with Raphaël 2.1.2Created with Raphaël 2.1.2 A pilot flies a banner over Ford headquarters with the caption “Is a Ford GT in my future? #GoingFurther”  Mike Levine / Twitter ‹ Previous Next ›last_img read more

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Cardiotrack expands to North America

first_imgCardiotrack expands to North America News Read Article To set up its operations in Mexico to create breakthrough diagnostic products in the cardiac spaceBengaluru-based start-up, Cardiotrack, which provides predictive diagnosis for cardiovascular diseases has expanded its operations to North America. Cardiotrack has collaborated with the state of Nuevo Leon, Mexico, to set up its operations and transform people’s lives through their breakthrough diagnostic products.A Letter of Intent (LOI) to this effect was signed with the Governor of Nuevo Leon, Jaime Heliodoro Rodríguez. Cardiotrack will set up operations in Nuevo Leon’s capital, Monterrey and also invest in a unit to train people. This collaboration will create close to 200 jobs in Nuevo Leon.Ashim Roy, co-founder, Cardiotrack said, “We are pleased to have partnered with the Governor of Nuevo Leon for setting up operations in his state. Our focus is primary care and improving the quality of the diagnostics available at PHCs. This partnership is one such step towards making healthcare accessible and affordable to all.“Cardiotrack is revolutionising the way cardiovascular diseases are diagnosed. A major reason for getting traction in the market has been affordability, ease of use, device mobility and data portability that the product renders to its users,” said Avin Agarwal, co-founder, Cardiotrack. Indraprastha Apollo Hospitals releases first “Comprehensive Textbook of COVID-19” By EH News Bureau on June 21, 2017 MaxiVision Eye Hospitals launches “Mucormycosis Early Detection Centre” Heartfulness group of organisations launches ‘Healthcare by Heartfulness’ COVID care appcenter_img The missing informal workers in India’s vaccine story Share Phoenix Business Consulting invests in telehealth platform Healpha WHO tri-regional policy dialogue seeks solutions to challenges facing international mobility of health professionals Related Posts Menopause to become the next game-changer in global femtech solutions industry by 2025last_img read more

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Tertiary Education Need Not Become a Flea Market – Thwaites

first_imgFacebookTwitterWhatsAppEmail Education Minister, Hon. Rev. Ronald Thwaites, said the region needs to address the issue of quality assurance in the delivery of tertiary education. He noted that while there is a free market for higher education, it need not become a “flea market.” “We operate in this region under a free market system and the free market extends to the realm of tertiary education but a free market does not have to be a flea market.  The concept of the Eurocentric ivory tower clearly has passed its time, but it must not be replaced by a ‘bend down plaza’ of so-called higher education,” Minister Thwaites stated. He was addressing the opening ceremony for the 9th Annual Conference of the Caribbean Area Network of Quality Assurance in Tertiary Education (CANQATE) on Wednesday, at the Hilton Rose Hall Resort and Spa in Montego Bay. According to the Education Minister, “the wisdom and standards and decisions of the University Council and the Jamaica Tertiary Commission are being overwhelmed by persuasive advertisements, which are luring people at extraordinary expense and hemorrhage of foreign exchange towards programmes, which are not worthy of your seal of approval.” He therefore called on the delegates of the 15 countries attending the conference, to focus on this issue and other challenges affecting tertiary education in the region. “I…hope that, indeed, this occasion can be one of great wisdom and can address the education systems of the nation and the Caribbean, with clear standards that are known to the public … these are not clear right now in Jamaica,” he stated.  The Education Minister, in the meantime, commended the persons and organizations, in particular the taxpayers of the Caribbean, who have consistently funded higher education across the region. He also lauded the founders and the sustainers “who, despite great odds and many scorners, have advanced tertiary education and have taken it outside of the capitals into the rural areas, and have nurtured a concept that indeed, higher education would no longer be the preserved (right) of people of light skin … but rather would become the ambition, the achievable objective of the vast majority of our people.” The two-day conference, which ended today, was held under the theme: “Internationalization and quality assurance in tertiary education: Issues and challenges’. It was hosted by the University Council of Jamaica (UCJ), which is the national quality assurance agency for tertiary education. Tertiary Education Need Not Become a Flea Market – Thwaites EducationNovember 2, 2012 RelatedTertiary Education Need Not Become a Flea Market – Thwaites RelatedTertiary Education Need Not Become a Flea Market – Thwaitescenter_img RelatedTertiary Education Need Not Become a Flea Market – Thwaites Advertisementslast_img read more

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Surcharges could take diners by surprise under proposed minimum wage ordinance change

first_img It’s so unlike CA to allow restaurants to tack on surcharges, but for them not to inform customers of what they are being charged for. I get it that with this minimum wage hike to $15/hr. restaurants are beginning for this charge to be able to keep their profit margins in place. The weird thing is that almost every law in CA, which defines business, always assures the customer or the little guy exactly what they are getting and making sure they are full informed before making the decision. Agb says: HomeBusinessSurcharges could take diners by surprise under proposed minimum wage ordinance change Feb. 11, 2020 at 6:01 amBusinessCity CouncilFeaturedLawNewsSurcharges could take diners by surprise under proposed minimum wage ordinance changeMadeleine Pauker1 year agocalifornia restaurant associationcity attorney’s officeminimum wage ordinancesurchargesCouncil will consider changes to rules about surcharges in its minimum wage ordinance. Restaurants might not have to inform customers about service charges before money changes hands under a set of changes to Santa Monica’s minimum wage law that City Council will vote on Tuesday.The city’s minimum wage ordinance guarantees workers a $15 hourly wage by July 2021, with workers at large businesses currently earning $14.25 and their counterparts at small businesses earning $13.25. The ordinance also requires that businesses distribute service charges, such as healthcare surcharges, to employees, and mandates that businesses explain any service charges to customers before a transaction.But businesses and employees have been confused as to what constitutes a service charge and how to handle surcharges that don’t fall into the “service charge” category. Customers have also been unsure of whether the service charges or surcharges on their bills comply with city law, according to the report.The City Attorney’s Office is proposing changing the ordinance to apply to all surcharges, including delivery, sustainability and catering fees, and remove the portion of the ordinance that requires businesses to disclose surcharges prior to purchase. City Council will vote on the proposed update to the ordinance Tuesday.Staff said in a report on the update that they believe many businesses will elect to disclose surcharges to avoid the risk of violating the ordinance.“The revised ordinance prohibits such a surcharge only if it is misleading or deceptive, that is a surcharge that is imposed in a way that a reasonable customer would believe it will be used for something other than its actual use,” said city spokesperson Constance Farrell. “The ordinance also includes a surcharge disclosure provision that permits a business to comply with the revised ordinance by providing a clear and conspicuous statement that accurately discloses to the customer the purposes for which the surcharge will be used.”The changes to the ordinance attempt to avoid litigation from the California Restaurant Association, which sent the City Attorney’s Office a letter alleging that the service charge provisions of the city’s minimum wage ordinance amounted to an unconstitutional restraint on commercial speech, according to the staff report.Additionally, staff said more workers will be covered by Santa Monica’s minimum wage ordinance under AB 5, a state law that sets new standards for defining independent contractors and employees. AB 5 classifies all workers as employees unless they work independently of their employer, perform work that it outside the usual course of their employer’s business or is engaged in an independent occupation of same nature as the work they perform.The law, which went into effect Jan. 1, was lobbied for by Uber and Lyft drivers who argued that they should be classified as employees to receive a minimum wage, overtime, sick leave and benefits. Many occupations are exempt from the law, including real estate agents, some health care workers and certain artists.Staff said ensuring that workers previously classified as contractors are being paid Santa Monica’s minimum wage may require additional spending on [email protected] :california restaurant associationcity attorney’s officeminimum wage ordinancesurchargesshare on Facebookshare on Twittershow 1 comment February 12, 2020 at 2:04 AM Comments are closed. What’s the Point? – THIS Valentine’s Day, FOCUS ON EXPERIENCES FOR LONG TERM HAPPINESSLegislative analyst criticizes California’s homeless planYou Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall6 hours agoNewsCouncil picks new City ManagerBrennon Dixson17 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter17 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor17 hours agoNewsBruised but unbowed, meme stock investors are back for moreAssociated Press17 hours agoNewsWedding boom is on in the US as vendors scramble to keep upAssociated Press17 hours ago 1 Comment last_img read more

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EU poised for crucial connected car vote

first_img Industry groups ramped pressure on European regulators to make a u-turn on plans to mandate Wi-Fi technology as the primary method of connecting vehicles, ahead of a key vote on the issue by the European Parliament’s transport committee.The controversial proposal was announced by the European Commission in March and immediately drew the ire of industry groups.At the time the GSMA slammed the decision to select ITS-G5 technology, which is based on 802.11p Wi-Fi standards, as risking “undercutting Europe’s 5G future” as the technology was “outdated”.Ahead of a vote on the proposal by the European Parliament’s Committee on Transport and Tourism later today (8 April), ETNO and the GSMA inked a letter to officials urging a change of direction.In a statement, ETNO director of strategy and communications Alessandro Gropelli said engineers rather than regulators were best placed to select technologies, noting recent successful trials of cellular-based technologies from Audi, Ericsson and Qualcomm.He called on the European Parliament and Council to take a “unique opportunity” to change the direction of the process, adding: “We must ensure that Europe’s automotive sector has the option of embracing also future-oriented technologies like 5G, if it wishes. Being stuck on the slow lane cannot be an option in today’s global markets.”Even if the proposal passes today’s vote it must still go through the full European Parliament and European Council before becoming law. Subscribe to our daily newsletter Back Chris Donkin Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved… Read more connected carsEuropean CommisionEuropean Parliament Author Home EU poised for crucial connected car vote Related Tags EU pressed over stricter messaging privacy rules Previous ArticleVendor group queries Airtel tower project progressNext ArticleAirtel stays clear of Telkom Kenya debt EU, UK inch towards tough repair rules for devices AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 08 APR 2019 La Unión Europea y el Reino Unido endurecerán las normas de reparación de dispositivoslast_img read more

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