MILES AXLE Translation. Region: Russian Federation –
Source: Central Bank of Russia –
The Bank of Russia has decided to approve Basic standard protection of the rights and interests of recipients of financial services provided by members of self-regulatory organizations uniting insurance organizations and foreign insurance organizations.
The document was developed by the All-Russian Union of Insurers, a self-regulatory organization in the financial market, and on September 19, 2024, it was approved by the Committee on Standards for the Activities of Insurance Organizations and Foreign Insurance Organizations under the Bank of Russia.
At the same time, the Bank of Russia decided to refuse to approve the Basic Standard, which was agreed upon on August 21, 2024 by the Committee on Standards for the Activities of Insurance Organizations and Foreign Insurance Organizations. The decision was made due to the non-compliance of certain provisions of the standard with the requirements established by Article 6.2 of the Law of the Russian Federation dated November 27, 1992 No. 4015-I “On the Organization of Insurance Business in the Russian Federation”.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.
Over the nearly five years since COVID first emerged, you’d be forgiven if you’ve lost track of the number of new variants we’ve seen. Some have had a bigger impact than others, but virologists have documented thousands.
The latest variant to make headlines is called XEC. This omicron subvariant has been reported predominantly in the northern hemisphere, but it has now been detected in Australia too.
So what do we know about XEC?
Is COVID still a thing?
People are now testing for COVID less and reporting it less. Enthusiasm to track the virus is generally waning.
Nonetheless, Australia is still collecting and reporting COVID data. Although the number of cases is likely to be much higher than the number documented (around 275,000 so far this year), we can still get some idea of when we’re seeing significant waves, compared to periods of lower activity.
Australia saw its last COVID peak in June 2024. Since then cases have been on the decline.
But SARS-CoV-2, the virus that causes COVID, is definitely still around.
Which variants are circulating now?
The main COVID variants circulating currently around the world include BA.2.86, JN.1, KP.2, KP.3 and XEC. These are all descendants of omicron.
The XEC variant was first detected in Italy in May 2024. The World Health Organization (WHO) designated it as a variant “under monitoring” in September.
Since its detection, XEC has spread to more than 27 countries across Europe, North America and Asia. As of mid-September, the highest numbers of cases have been identified in countries including the United States, Germany, France, the United Kingdom and Denmark.
Although XEC remains a minority variant globally, it appears to have a growth advantage over other circulating variants. We don’t know why yet, but reports suggest it may be able to spread more easily than other variants.
For this reason, it’s predicted XEC could become the dominant variant worldwide in the coming months.
In Australia, 329 SARS-CoV-2 sequences collected from August 26 to September 22 have been uploaded to AusTrakka, Australia’s national genomics surveillance platform for COVID.
The majority of sequences (301 out of 329, or 91.5%) were sub-lineages of JN.1, including KP.2 (17 out of 301) and KP.3 (236 out of 301). The remaining 8.5% (28 out of 329) were recombinants consisting of one or more omicron sub-lineages, including XEC.
Estimates based on data from GISAID, an international repository of viral sequences, suggests XEC is making up around 5% of cases in Australia, or 16 of 314 samples sequenced.
Queensland reported the highest rates in the past 30 days (8%, or eight of 96 sequences), followed by South Australia (5%, or five out of 93), Victoria (5%, or one of 20) and New South Wales (3%, or two of 71). WA recorded zero sequences out of 34. No data were available for other states and territories.
What do we know about XEC? What is a recombinant?
The XEC variant is believed to be a recombinant descendant of two previously identified omicron subvariants, KS.1.1 and KP.3.3. Recombinant variants form when two different variants infect a host at the same time, which allows the viruses to switch genetic information. This leads to the emergence of a new variant with characteristics from both “parent” lineages.
KS.1.1 is one of the group commonly known as “FLiRT” variants, while, KP.3.3 is one of the “FLuQE” variants. Both of these variant groups have contributed to recent surges in COVID infections around the world.
The WHO’s naming conventions for new COVID variants often use a combination of letters to denote new variants, particularly those that arise from recombination events among existing lineages. The “X” typically indicates a recombinant variant (as with XBB, for example), while the letters following it identify specific lineages.
We know very little so far about XEC’s characteristics specifically, and how it differs from other variants. But there’s no evidence to suggest symptoms will be more severe than with earlier versions of the virus.
What we do know is what mutations this variant has. In the S gene that encodes for the spike protein we can find a T22N mutation (inherited from KS.1.1) as well as Q493E (from KP.3.3) and other mutations
known to the omicron lineage.
Will vaccines still work well against XEC?
The most recent surveillance data doesn’t show any significant increase in COVID hospitalisations. This suggests the current vaccines still provide effective protection against severe outcomes from circulating variants.
As the virus continues to mutate, vaccine companies will continue to update their vaccines. Both Pfizer and Moderna have updated vaccines to target the JN.1 variant, which is a parent strain of the FLiRT variants and therefore should protect against XEC.
However, Australia is still waiting to hear which vaccines may become available to the public and when.
In the meantime, omicron-based vaccines such as the the current XBB.1.5 spikevax (Moderna) or COMIRNATY (Pfizer) are still likely to provide good protection from XEC.
It’s hard to predict how XEC will behave in Australia as we head into summer. We’ll need more research to understand more about this variant as it spreads. But given XEC was first detected in Europe during the northern hemisphere’s summer months, this suggests XEC might be well suited to spreading in warmer weather.
Betting markets have them pretty much equal favourites. However, history shows grand finals don’t always go to plan.
But what are the biggest upsets in NRL grand final history?
Using a combination of formlines during the season and in finals, betting odds, media coverage and past performances, here are some of the most outlandish upsets in rugby league’s history.
1944: Balmain 12, Newtown 8
In 1944, Newtown was the minor premier while Balmain was second.
Newtown entered the finals series as hot favourite and looked even hotter after destroying third-placed St George 55–7 in the first semi-final.
However, in the final, Balmain won 19–6. That wasn’t the end of the story, though.
Under the rules of the day, Newtown, as minor premier, could seek a rematch in a grand final “challenge”.
Newton fielded a much stronger side and most expected it to reverse the final result. However, Balmain won again, 12–8.
1952: Western Suburbs 22, South Sydney 12
In 1952, Wests were minor premiers, while Souths finished third.
Souths won the first semi-final 18–10 but Wests, as minor premiers, went straight to the grand final challenge three weeks later anyway. Meanwhile, Souths beat North Sydney to advance.
According to the Sydney Truth, Wests were “regarded in some quarters as rank outsiders”.
Then, rumours spread that Wests had “thrown” the first game and the referee assigned to the decider, George Bishop, had placed £400 on them, causing their price to shorten.
Bishop sent off a player from each team ten minutes into the second half. Souths scored a try with 20 minutes to go to take the lead before Wests scored four tries in the last ten minutes to win.
Bishop retired after the grand final.
1963: St George 8, Western Suburbs 3
In 1963, St George was minor premiers, while Wests were second. However, Wests, which had lost the previous two grand finals to St George, had beaten them twice in the regular rounds and again in the major semi-final, and went into the game favourite.
On grand final day, the field deteriorated into a quagmire and led to the famous post-match “gladiators” photograph of captains Arthur Summons and Norm Provan shaking hands while coated in mud.
The foul conditions contributed to a low-scoring game, which St George won 8–3.
Once more it was suspected the referee, this time Darcy Lawler, had a financial interest in the outcome. He, too, retired immediately.
Today we view St George’s victory in the context of a huge winning streak of premierships from 1955 to 1966.
1989: Canberra 19, Balmain 14
South Sydney had been minor premiers while Balmain finished third, one point clear of Canberra.
Balmain were generally considered to have been more impressive than Canberra and were favourites for the grand final.
One media expert, Harry Craven, was so confident Balmain would win he had his “weatherboard” (house) on the Tigers.
In the grand final, Balmain led 14-8 with 15 minutes to play before Canberra levelled at 14–14 with 90 seconds remaining.
After 20 minutes of extra time, Canberra won 19–14 and became the first team to win from further back than third in the regular season.
1995: Canterbury 17, Manly 4
Possibly the hottest grand final favourites of the past half-century, Manly lost just two games in the regular season and shared the minor premiership with Canberra.
Canterbury (officially, the “Sydney Bulldogs” in 1995) were sixth and needed to win four straight games to be premier.
The two sides met once in the regular season, with Manly winning 26-0.
In the grand final, the Bulldogs led 6–4 at half-time and disaster loomed when Terry Lamb was sin-binned early in the second term.
Somehow, the Dogs held Manly out until his return, then gained the ascendancy and won comfortably.
1997: Newcastle 22, Manly 16
In 1997 we had the first season of the News Limited-funded “Super League”.
The glamourous Manly side was once more expected to be easy winners over Newcastle, which was contesting its first grand final.
Only two teams in 70 years had won at their first attempt, while Manly had won its past 11 matches against the Knights.
The grand final followed its anticipated plot until Newcastle’s Robbie O’Davis evened the score at 16–16. Newcastle missed with two field goal attempts, but after the second, Darren Albert regathered the ball and pierced the Manly defence to score under the posts with six seconds remaining.
In 1997, the Newcastle Knights secured a maiden title against the Manly Sea Eagles.
1999: Melbourne 20, St George Illawarra 18
Odds for the 1999 grand final are unknown but the press anointed St George “hot favourites” while Canterbury champion Ricky Stuart rated them “unbeatable”.
Melbourne was in just its second year of NRL competition and had never beaten St George.
Melbourne had pulled off “escapes” against Canterbury and Parramatta to make the decider but the Saints were winning with ease and even crushed Melbourne 34–10 in the qualifying final.
In the decider, St George led 14–0 and was looking good. Then, in the 51st minute, Anthony Mundine kicked the ball to a vacant try line but fumbled it touching down.
The Melbourne Storm shocked the NRL world when they won the 1999 grand final.
Nevertheless, St George maintained an 18–6 advantage midway through the second half, before a Storm fightback.
With minutes remaining, Melbourne received a penalty try which it converted to win the game.
The biggest upset: 1969, Balmain 11, South Sydney 2
Bookies had Souths as heavy favourites – they had won the previous two grand finals, while Balmain was a young team lacking grand final experience.
However, the form lines of the two teams were not dissimilar.
At the end of the regular season, South Sydney was the minor premier with Balmain just one win behind them.
Souths defeated Balmain by one point in the semi-final, and a week later, Balmain beat Manly by a point to scrape into the grand final.
Despite South’s heavy favouritism, Balmain were not friendless. Of six “experts” whose opinion was sought by one newspaper on the morning of the game, two picked Balmain outright and another conceded them an even-money chance.
It was perhaps the circumstances of the game, as much as the result, that has lent the 1969 grand final its legend status.
Souths, noted for their attacking potency, were unable to score a try. Balmain scored a single try early in the second half but then several Balmain players set about disrupting the Souths attack by, allegedly, feigning injuries to give their teammates a breather.
Wayne Peake does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Since ChatGPT was released at the end of 2022, there has been a lot of speculation about the actual and potential impact of generative AI on universities.
But there has been no large-scale research on how university staff in Australia are using AI in their work.
Our new study surveyed more than 3,000 academic and professional staff at Australian universities about how they are using generative AI.
Our study
Our survey was made up of 3,421 university staff, mostly from 17 universities around Australia.
It included academics, sessional academics (who are employed on a session-by-session basis) and professional staff. It also included adjunct staff (honorary academic positions) and senior staff in executive roles.
Academic staff represented a wide range of disciplines including health, education, natural and physical sciences, and society and culture. Professional staff worked in roles such as research support, student services and marketing.
The average age of respondents was 44.8 years and more than half the sample was female (60.5%).
The survey was open online for around eight weeks in 2024.
We surveyed academic and professional staff at universities around Australia. Panitan/Shutterstock
Most university staff are using AI
Overall, 71% of respondents said they had used generative AI for their university work.
Academic staff were more likely to use AI (75%) than professional staff (69%) or sessional staff (62%). Senior staff were the most likely to use AI (81%).
Among academic staff, those from information technology, engineering, and management and commerce were most likely to use AI. Those from agriculture and environmental studies, and natural and physical sciences, were least likely to use it.
Professional staff in business development, and learning and teaching support, were the most likely to report using AI. Those working in finance and procurement, and legal and compliance areas, were least likely to use AI.
Given how much publicity and debate there has been about AI in the past two years, the fact that nearly 30% of university staff had not used AI suggests adoption is still at an early stage.
What tools are staff using?
Survey respondents were asked which AI tools they had used in the previous year. They reported using 216 different AI tools, which was many more than we anticipated.
Around one-third of those using AI had only used one tool, and a further quarter had used two. A small number of staff (around 4%) had used ten tools or more.
General AI tools were by far the most frequently reported. For example, ChatGPT was used by 88% of AI users and Microsoft Copilot by 37%.
University staff are also commonly using AI tools with specific purposes such as image creation, coding and software development, and literature searching.
We also asked respondents how frequently they used AI for a range of university tasks. Literature searching, writing and summarising information were the most common, followed by course development, teaching methods and assessment.
We asked staff who had not yet used AI for work to explain their thinking. The most common reason they gave was AI was not useful or relevant to their work. For example, one professional staff member stated:
While I have explored a couple of chat tools (Chat GPT and CoPilot) with work-related questions, I’ve not needed to really apply these tools to my work yet […].
Others said they weren’t familiar with the technology, were uncertain about its use or didn’t have time to engage. As one academic told us plainly, “I don’t feel confident enough yet”.
Ethical objections to AI
Others raised ethical objections or viewed the technology as untrustworthy and unreliable. As one academic told us:
I consider generative AI to be a tool of plagiarism. The uses to date, especially in the creative industries […] have involved machine learning that uses the creative works of others without permission.
They also also raised about AI undermining human activities such as writing, critical thinking and creativity – which they saw as central to their professional identities. As one sessional academic said:
I want to think things through myself rather than trying to have a computer think for me […].
Another academic echoed:
I believe that writing and thinking is fundamental to the work we do. If we’re not doing that, then […] why do we need to exist as academics?
How should universities respond?
Universities are at a crucial juncture with generative AI. They face an uneven uptake of the technology by staff in different roles and divided opinions on how universities should respond.
These different views suggest universities need to have a balanced response to AI that addresses both the benefits and concerns around this technology.
Despite differing opinions in our survey, there was still agreement among respondents that universities need to develop clear, consistent policies and guidelines to help staff use AI. Staff also said it was crucial for universities to prioritise staff training and invest in secure AI tools.
Alicia Feldman receives an Australian Government Research Training Program Scholarship and Fee Offset.
Paula McDonald receives funding from the Australian Research Council.
Abby Cathcart and Stephen Hay do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.
Source: United States Senator for New York Charles E Schumer
U.S. Department Of Housing And Urban Development’s Lead-Based Paint Hazard Reduction Program Provides Federal Funding To Rid Homes And Communities Of Lead Hazards
Schumer Has Long Fought To Get The Lead Out Of NYS – Securing Millions In Fed $$ To Remove Lead Hazards From Homes – And Latest Investment Will Boost Efforts Even Further To Rid Homes Of Toxic Lead Paint
Schumer: Federal Funding To Remove Lead Hazards Is A Shot In The Arm To Protect Rockland’s Children And Public Health
U.S. Senate Majority Leader Chuck Schumer today announced $7,400,000 in federal funding for Rockland County from the U.S. Department of Housing and Urban Development’s (HUD) Lead-Based Paint Hazard Reduction Program. Schumer explained that the funding will be used to address lead-based paint hazards, improving the health of children and families across New York State.
“No amount of toxic lead exposure is safe for children in Rockland County. I am proud to secure $7.4 million to help Rockland County & the Village of Pomona remove lead paint from homes to protect our children and public health,” said Senator Schumer. “Lead poisoning is an irreversible, preventable tragedy that robs many families and children of their future. This major federal funding is the shot in the arm the Hudson Valley needs accelerate lead paint removal and prevention and protect the health and safety of families in Rockland County.”
This funding builds on years of efforts by Schumer to help address toxic lead exposure across Upstate NY. Schumer has long been a driving force in securing federal funding to reduce lead exposure in New York. In addition to fighting lead exposure in paint, Schumer has also led the charge to increase federal funding to eliminate lead service pipes for drinking water in New York. The senator secured one of the largest federal investments ever into eliminating lead service pipes in the Bipartisan Infrastructure Investment & Jobs Law, which includes a $15 billion carve-out within the Drinking Water State Revolving Fund (DWSRF) over 5 years ($3 billion every year) for lead service pipe replacement.
According to the National Institutes of Health (NIH), lead is much more harmful to children than adults because it can affect children’s developing nerves and brains. Lead-based paint, still encasing the walls of many homes, often erodes and settles on children’s toys on the floor, eventually falling into the hands and mouths of children. For children under the age of 6, lead exposure can result in developmental delays, learning difficulties, and behavioral issues, which may lead to lifelong health and financial consequences. Schumer has long advocated for protecting New York’s children and families in the past by securing millions of dollars in federal funding to eradicate these toxic elements from homes in order to reduce lead poisoning cases. Lead poisoning can cause developmental difficulties, physical pain, and neurological damage.
The purpose of the Lead-Based Paint Hazard Reduction Program is to identify and control lead-based paint hazards in eligible privately-owned housing for rental or owner-occupants. These grants are used to assist municipalities in carrying out lead hazard control activities.
Source: United States Senator for New York Charles E Schumer
Fed Lead-Based Paint Hazard Reduction Program Will Boost Albany, Schenectady, Onondaga, and Chautauqua County To Help Rid Homes And Communities Of Lead Hazards
Schumer Has Long Fought To Get The Lead Out Of Upstate NY – Securing Millions In Fed $$ To Remove Lead Hazards From Homes – And Latest Investment Will Boost Efforts Even Further To Rid Homes Across Upstate NY Of Toxic Lead Paint
Schumer: Fed $$$ Is A Shot In The Arm To Protect Upstate NY’s Children And Public Health
U.S. Senate Majority Leader Chuck Schumer announced $22,467,061 in federal funding for four cities from the U.S. Department of Housing and Urban Development’s (HUD) Lead-Based Paint Hazard Reduction Program. Schumer explained that the funding will be used to address lead-based paint hazards, improving the health of children and families across Upstate NY in Onondaga, Albany, Schenectady, and Chautauqua Counties.
“No amount of toxic lead exposure is safe for children in Upstate NY. Today I am proud to deliver $22+ million for communities from the Capital Region to Central NY to Western NY to remove lead paint from homes to protect our children and public health,” said Senator Schumer. “Lead poisoning is an irreversible, preventable tragedy that robs many families and children of their future. This major federal funding is the shot in the arm that these regions need to boost lead paint removal and prevention and protect the health and safety of families across Upstate NY.”
A full list of awards can be found below:
Organization Name
Community
County
Federal Funding
Albany Community Development Agency
Albany
Albany
$5,000,000.00
City of Schenectady
Schenectady
Schenectady
$3,967,061.00
Onondaga County Community Development
Syracuse
Onondaga
$7,750,000.00
Chautauqua County
Mayville
Chautauqua
$5,750,000.00
This funding builds on years of efforts by Schumer to help address toxic lead exposure across Upstate NY. Most recently in 2023, Schumer helped secure $6.3 million in federal funding for Broome County, nearly $4 million for Utica, and $3.3 million for Niagara County through the Lead-Based Paint Hazard Reduction Program to bolster ongoing efforts.
Schumer has long been a driving force in securing federal funding to reduce lead exposure in New York. In addition to fighting lead exposure in paint, Schumer has also led the charge to increase federal funding to eliminate lead service pipes for drinking water in New York. The senator secured one of the largest federal investments ever into eliminating lead service pipes in the Bipartisan Infrastructure Investment & Jobs Law, which includes a $15 billion carve-out within the Drinking Water State Revolving Fund (DWSRF) over 5 years ($3 billion every year) for lead service pipe replacement.
According to the National Institutes of Health (NIH), lead is much more harmful to children than adults because it can affect children’s developing nerves and brains. Lead-based paint, still encasing the walls of many homes, often erodes and settles on children’s toys on the floor, eventually falling into the hands and mouths of children. For children under the age of 6, lead exposure can result in developmental delays, learning difficulties, and behavioral issues, which may lead to lifelong health and financial consequences. Schumer has long advocated for protecting New York’s children and families in the past by securing millions of dollars in federal funding to eradicate these toxic elements from homes in order to reduce lead poisoning cases. Lead poisoning can cause developmental difficulties, physical pain, and neurological damage.
The purpose of the Lead-Based Paint Hazard Reduction Program is to identify and control lead-based paint hazards in eligible privately-owned housing for rental or owner-occupants. These grants are used to assist municipalities in carrying out lead hazard control activities.
Source: United States Senator for West Virginia Shelley Moore Capito
CHARLESTON, W.Va. – Today, U.S. Senator Shelley Moore Capito (R-W.Va.), a leader on the Senate Appropriations and Environment and Public Works (EPW) Committees, visited East Bank Middle School and toured the GreenPower Manufacturing Facility, both in Kanawha County, W.Va.
First, Senator Capito spoke to the 8th grade class at East Bank Middle School in East Bank, W.Va. about her career in public service and current work in the U.S. Senate.
“I am always inspired by the young people of our state and their potential, and the students at East Bank Middle School are no exception,” Senator Capito said. “We had a productive conversation about civics and the different branches of government, and I enjoyed the opportunity to share my experience. The future is bright for these students, and I can’t wait to see all they go on to accomplish.”
Second, Senator Capito toured the GreenPower Motor Company, a local manufacturer of electric school buses, in South Charleston, W.Va. During the visit, Senator Capito met with company leaders and presented keys for a new electric bus to Wyoming County School Superintendent Dr. John Henry.
“Just over two years ago, GreenPower pledged to bring operations to West Virginia. And today, we’re getting another new school bus—made with West Virginia aluminum from Jackson County—on the road that will safely bring our children in Wyoming County to and from school. Through this visit, we are seeing the success that can result when we pursue pragmatic solutions based in reasonable policies that put our state’s needs first. I commend GreenPower and all those involved for investing in West Virginia and contributing to not only our economic development, but the education of our children – something so central to our state’s future,” Senator Capito said.
“It was wonderful to welcome Senator Capito to the facility and show her the products we are making here in West Virginia. She has been a great champion for our industry in the Senate and we are grateful for her continued support,” Mark Nestlen, Vice President of Business Development and Strategy at GreenPower Motor Company, said.
Photos from today’s visits are included below:
U.S. Senator Shelley Moore Capito (R-W.Va.) pictured with eighth grade students at East Bank Middle School in East Bank, W.Va. on Thursday, October 3, 2024.
U.S. Senator Shelley Moore Capito (R-W.Va.) visits the GreenPower electric bus manufacturing facility in South Charleston, W.Va. on Thursday, October 3, 2024.
U.S. Senator Shelley Moore Capito (R-W.Va.) presents a set of keys to a new electric bus to Wyoming County School Superintendent Dr. John Henry at the GreenPower electric bus manufacturing facility in South Charleston, W.Va. on Thursday, October 3, 2024.
Source: United States Senator Pete Ricketts (Nebraska)
October 3, 2024
WASHINGTON, D.C. – Recently, U.S. Senators Pete Ricketts (R-NE) and Bill Hagerty (R-TN) sent a letter to Treasury Secretary Janet Yellen and other Biden-Harris administration officials urging them to defend U.S. economic interests against the European Union regulatory encroachment.
The European Union (EU) recently adopted its Corporate Sustainability Due Diligence Directive (CSDDD), which forces U.S. businesses to comply with European policies, or face severe penalties. CSDDD’s implementation raises serious concerns, including extraterritorial regulatory overreach, adverse impacts on supply chains, litigation risks, and unfeasible climate transition requirements.
“The CSDDD’s extraterritorial scope amounts to a serious breach of U.S. sovereignty and a direct threat to the global competitiveness of American companies,” the members of Congress wrote. “We are deeply concerned that the [Biden-Harris] Administration is surrendering its regulatory responsibilities to European officials, allowing them to dictate draconian social and climate policies to American companies.”
“The EU is attempting to mitigate the relative damage of its onerous regulatory framework by forcing Americans to bear the burden as well,” the members of Congress continued. “Any policies impacting U.S. businesses should be debated and determined by the elected representatives of the American people, not overseas bureaucrats advancing their own agendas.”
In addition to Ricketts and Hagerty, the letter was co-signed by 64 other members of Congress.
Full text of the letter can be found here and below:
Secretary Yellen,
The European Union (EU) has long been known for implementing vague, broadly scoped, and complex regulations that hinder business growth and raise consumer costs. The EU’s longstanding regulatory overreach has had deleterious effects on its member states’ economies and diminished the competitiveness of their firms on the global stage. According to the International Monetary Fund, the Eurozone economy grew only 6% in the 15-year period ending in 2023, compared to 82% growth for the United States. European companies have been quick to identify overregulation as an impediment to growth; in one study, more than 60% of EU companies deemed regulation to be a barrier to investment, while 55% of small and medium-sized enterprises cited regulatory obstacles and administrative burdens as their greatest challenge.
Now, the EU is attempting to impose its debilitating regulatory agenda on American companies through its Corporate Sustainability Due Diligence Directive (also known as “CSDDD” or “CS3D”). Formally adopted by the Council of the EU on May 24, 2024, the CSDDD will impose significant legal obligations on U.S. businesses. The directive effectively converts the U.N. Guiding Principles on Business and Human Rights—and the provisions of three international human rights conventions, eight conventions of the International Labour Organization, eleven environmental law conventions, and the climate mitigation targets of the Paris Agreement—into binding laws. CSDDD will include governmental enforcement mechanisms, including the possibility of substantial monetary penalties, and will also create private rights of action for those adversely affected by violations. EU member states must implement regulations and administrative procedures required by the directive within two years. Many U.S. companies will be harmed by this enormous compliance burden. After EU member states incorporate the European Parliament’s broad legislation into their own national laws, the CSDDD will ultimately apply to U.S. multinational businesses with annual EU market revenue of more than €450 million, regardless of their corporate “footprint” in the EU. While the full effect of CSDDD may not be clear until the member states begin to transpose the regulations into their own laws and the EU provides additional guidance, it is clear that “in-scope” U.S. businesses will be forced to ensure that their supply chains and other business partners are compliant. Companies will need to “identify, prevent, mitigate and account for how they address actual and potential impacts in their operations, supply chains and other business relationships.” That is neither practical nor realistic—nor does it genuinely constitute “due diligence,” which is generally defined as review and analysis prior to actions being taken (e.g., “prevent” and “mitigate”). Notably, American companies will be required to comply with CSDDD even though the U.S. has not ratified many of the international conventions underlying the directive.
The CSDDD’s extraterritorial scope amounts to a serious breach of U.S. sovereignty and a direct threat to the global competitiveness of American companies. Given this, the Biden-Harris Administration must meaningfully respond. Although you acknowledged the issue in your testimony before the House Financial Services Committee, there has been little evidence that the Administration has an effective strategy for engaging with European officials on the issue. To date, no other senior officials in the Biden-Harris Administration have expressed opposition to CSDDD despite the threat it poses to U.S. interests.
We are deeply concerned that the Administration is surrendering its regulatory responsibilities to European officials, allowing them to dictate draconian social and climate policies to American companies. The EU is attempting to mitigate the relative damage of its onerous regulatory framework by forcing Americans to bear the burden as well. If implemented in any manner substantially similar to its current form, the CSDDD could force companies to divest or reduce ties with European businesses, causing significant economic harm to both the U.S. and EU.
Any policies impacting U.S. businesses should be debated and determined by the elected representatives of the American people, not overseas bureaucrats advancing their own agendas. Accordingly, we strongly encourage you and your colleagues at the relevant federal agencies to actively and publicly engage with your counterparts in Brussels and EU member-state capitals to delay implementation of CSDDD and work with the new European Parliament to repeal or substantially modify the directive. Such action is necessary to preserve U.S. sovereignty and sustain America’s economic competitiveness.
Sincerely,
BNZ is offering an assistance package to customers affected by severe rainfall in the Otago region.
Available immediately, the assistance package includes:
Ability to review home lending facilities on a case-by-case basis.
Access to temporary personal overdrafts to support customers who require access to funds urgently while they await insurance pay-outs. Standard interest rates and credit criteria applies.
Access to temporary overdrafts of up to $10,000 with no application fee for Small Business customers. Standard interest rates and credit criteria applies.
Access to temporary overdrafts for Agri, Business, and Commercial customers up to $100,000, with no application fee. Standard interest rates and credit criteria applies.
“We understand the challenges that can be posed to households, businesses and communities as a result of severe weather events,” says Anna Flower, BNZ Executive Personal and Business Banking.
“We’ve put together a range of practical support options to help ease some of the immediate financial pressure our customers might be facing.
“We also have a range of other options available, especially for customers who are facing hardship, so I encourage people to get in touch so we can see how we can help,” says Flower.
To discuss support options, business and agribusiness customers should reach out to their BNZ Partner. Small business owners can call 0800 BNZSME, while personal banking customers can access support through BNZ’s digital platforms or by calling 0800 ASKBNZ.
BNZ PremierCare Insurance customers who need assistance can call IAG NZ on 0800 248 888 or submit an online claimhttps://iagnz.custhelp.com/app/bnz
With local authorities in Otago, including Civil Defence, advising locals to avoid any unnecessary travel, BNZ is temporarily closing its Dunedin branches and Partner Centre.
“It’s important that our customers and our BNZers stay safe. Our teams in Dunedin can work from home and our people who would normally be working in our branches will instead be available to support customers via telephone banking and they continue to do their banking online or through our BNZ app,” says Flower.
BNZ’s ATM network in the affected areas remains operational, ensuring customers have continued access to cash and basic banking services.
The Government has approved a $226.2 million package of resilience improvement projects for state highways and local roads across the country that will reduce the impact of severe weather events and create a more resilient and efficient road network, Transport Minister Simeon Brown says.
“Our Government is committed to delivering infrastructure that boosts economic growth, reduces congestion, and enables Kiwis and freight to get where they want to go, quickly and safely.
“In recent years we have seen the terrible consequences that severe weather events can have on important transport networks across the country. It’s critical that improvements are made to strengthen our transport infrastructure against future severe weather events.”
Finance Minister Nicola Willis and Transport Minister Simeon Brown have jointly approved a $132 million investment through the Crown Resilience Programme into 101 state highway projects across the country that will commence during 2024-27. An additional $74.6 million will also be invested in local road projects across 34 councils.
“Funding of almost $16 million will address flooding risk across four critical Auckland state highway projects. Over $25 million will be invested across 30 state highway projects in the Waikato, including a retaining wall upgrade in the Karangahake Gorge and critical erosion work alongside the Waikato River and in the Hikuai Hills.
“Our Government has approved over $30 million to be invested across the South Island through the Crown Resilience Programme, including drainage improvements and underslip repairs in the Whangamoa Hill and Rai Saddle, and rockfall work at the Bens Creek bridge on the West Coast.
“While this critical programme of works is focused on small to medium level projects, we’re taking a proactive approach to increase the resilience of our network. Rather than just reacting to severe weather events, we are building resilience now to ensure that our infrastructure is strong in the face of future challenges.
“Our roads are critical for freight and tourism, and serve as important lifelines for communities around New Zealand. We must maintain these assets to the standard Kiwis need and expect, particularly in rural and remote locations where alternative routes are not available.”
Source: United States Senator for Connecticut – Chris Murphy
October 03, 2024
WASHINGTON—U.S. Senator Chris Murphy (D-Conn.), a member of the U.S. Senate Health, Education, Labor and Pensions Committee, on Thursday released a statement on the National Labor Relations Board’s (NLRB) complaint against Amazon accusing the company of illegally refusing to negotiate with Teamsters representing delivery drivers employed by one of its Delivery Service Partners (DSP). In its complaint, the NLRB claims Amazon violated its responsibility as a joint employer of its delivery drivers by taking retaliatory and threatening action against employees and terminating its contract with the DSP after the drivers unionized.
“Amazon has made billions on the backs of the hard-working drivers who deliver their packages, but when those drivers tried to organize for better wages and working conditions, the company refused to negotiate and eventually fired them. For years, Amazon has hidden behind this absurd claim that drivers delivering Amazon packages in Amazon-branded vans—even wearing Amazon-branded vests— aren’t Amazon employees in order to avoid being held responsible for their safety and well-being. The NLRB has already determined that Amazon is a joint-employer of these drivers, and this complaint is a really important step in holding Amazon and other greedy corporations accountable and protecting workers’ right to negotiate for the fair pay, safe conditions, and dignified employment they deserve,” said Murphy.
In August, Murphy released a statement applauding the NLRB’s finding that Amazon is a joint employer of its delivery drivers. In January, Murphy led a bipartisan letter to Amazon CEO Andy Jassy demanding information about the Delivery Service Partner (DSP) program, including Amazon’s justification for refusing to bargain with union representatives of DSP employees and requiring DSPs to sign non-poaching agreements. After receiving a response from Amazon that was unresponsive to the questions asked, at odds with publicly available data and reporting, and apparently self-contradictory, Murphy led 33 of his colleagues in calling on Amazon to provide the information requested by the members. In early August, Murphy and Rep. Jerry Nadler (D-N.Y.-12) led 25 of their colleagues in Congress in sending a letter to the NLRB encouraging the Board to reach a decision in several key cases of unfair labor practices brought against Amazon by delivery drivers across the country.
Environment Minister Penny Simmonds has confirmed the final appointee to the refreshed Environmental Protection Authority (EPA) board.
“I am pleased to welcome Brett O’Riley to the EPA board,” Ms Simmonds says.
“Brett is a seasoned business advisor with a long and distinguished career across the technology, tourism, and sustainable business sectors.
“His extensive experience across multiple sectors, combined with his governance expertise, leadership and deep commitment to innovation, will be a tremendous asset to the board.”
Brett O’Riley is currently the Executive Chairman of Manawaroa Education and a member of the APEC Business Advisory Council. He also serves as Managing Partner of GSD Corporation and is an advisor at Tata Consultancy Services, where he assists in delivering consulting and business solutions that leverage technology for business transformation.
He has been appointed for a three-year term, which will conclude in August 2027.
Brett O’Riley joins other recently appointed first-term board members Barry O’Neil, Jennifer Scoular, Alison Stewart, and Nancy Tuaine, all of whom are also serving three-year terms.
“I look forward to working closely with Brett and the rest of the refreshed board to achieve balanced outcomes that protect the environment while supporting key industries.”
The EPA is New Zealand’s national environmental regulator and plays a vital role across the entire economy.
“EPA decisions impact the daily lives of all New Zealanders,” Ms Simmonds says.
“It’s critical to have timely, businesslike decision-making for the agriculture and horticulture sector, alongside ensuring positive environmental outcomes.”
Notes to editors:
Mr Brett O’Riley has a long career as a business advisor and entrepreneur across the technology, tourism and sustainable business sectors. He is currently the Executive Chairman of Manawaroa Education, a member of the APEC Business Advisory Council, Managing Partner of GSD Corporation, and is an advisor at Tata Consultancy Services that provides consulting and business solutions, leveraging technology for business transformation and change. He was previously a Board member of the New Zealand Film Commission and a member of Te Pūkenga Establishment Board. He has held several executive roles including as Chief Executive of the Employers and Manufacturers Association, Auckland Tourism, Events & Economic Development and founding Chief Executive of NZICT (now NZTech). Mr O’Riley will bring extensive governance experience and expertise in business transformation through technology and change to the Board.
Source: United States Senator for Massachusetts – Elizabeth Warren
October 03, 2024
Raises Concern about Company Undermining Right-to-Repair Agreements, Violating Clean Air Act
Repair restrictions like John Deere’s hurt farmers and consumers across the country; cost American farmers $4.2 billion per year
“John Deere has repeatedly interfered with farmers’ ability to repair the equipment they own, including by blocking independent repairs to maximize profit, negotiating an MOU in bad faith, and failing to inform farmers of their rights in potential violation of the Clean Air Act.”
Text of Letter (PDF)
Boston, MA – U.S. Senator Elizabeth Warren (D-Mass.) wrote to Deere & Company (John Deere) accusing the company of undermining its own “right-to-repair” agreements and evading its responsibilities under the Clean Air Act by failing to grant its customers the right to repair their own agricultural equipment.
John Deere restricts farmers from repairing broken equipment themselves, even when they have the knowledge and tools to do so, instead forcing them to wait for weeks until a John Deere technician is available, and risking missed crop windows on which farmers’ livelihoods rely. In Massachusetts, there are just three John Deere dealerships for 470,000 acres of farm operations, or 2,400 farms per dealership. Farmers nationwide lose an average of $3,348 per year “directly tied to downtime and repair restrictions imposed by equipment manufacturers.” Repair restrictions cost U.S. farmers $4.2 billion per year.
“While John Deere’s profits spike thanks to this strategy, farmers suffer,” wrote Senator Warren.
In fact, by overcharging for repair services, John Deere has seen its profits streaming in. Since 2020 the company has seen a 270% increase in profits, despite labor strikes, supply disruptions, a drop in sales, and a global pandemic.
After years of legal battles, in January 2023, John Deere signed a Memorandum of Understanding (MOU) promising to provide farmers and independent repair shops with the diagnostic tools and information they need to make repairs to their machines. But the MOU appeared to be a veiled attempt to hold off the passage of “right-to-repair” legislation. In exchange for pledges to provide the information and tools needed for farmers to make repairs, John Deere secured a politically valuable promise from the American Farm Bureau Federation to encourage American farmers not to introduce, promote, or support federal or state right-to-repair legislation that imposed obligations beyond the MOU’s commitments.
John Deere is not upholding its side of the bargain, and appears to have negotiated the MOU in bad faith. Rather than allow farmers meaningful opportunity to repair their equipment, John Deere has provided inadequate tools and disclosures.
The software tool offered to farmers redacts or obfuscates functions and information required to complete repairs. Further, earlier this year, John Deere admitted to omitting a legally required addendum about repair rights from its manuals.
The exclusion of this information may violate the Clean Air Act, which requires manufacturers to “provide in boldface type on the first page of the written maintenance instructions notice that maintenance, replacement, or repair … may be performed by any automotive repair establishment or individual.” The EPA warned John Deere that its manuals were not in compliance with EPA regulations.
“John Deere has repeatedly interfered with farmers’ ability to repair the equipment they own, including by blocking independent repairs to maximize profit, negotiating an MOU in bad faith, and failing to inform farmers of their rights in potential violation of the Clean Air Act,” wrote Senator Warren. “Deere’s attempts to stave off right-to-repair reforms that would save American farmers $4.2 billion per year are disgraceful.”
Senator Warren asked John Deere to respond to questions related to the company’s repair restrictions and apparent failure to comply with the law by October 17, 2024.
Senator Warren has repeatedly sought to bolster competition and fight back against costly restrictions on repairs for cars, military equipment, and other goods:
In September 2024, Senator Elizabeth Warren sent two letters regarding the costly restrictions imposed on the Department of Defense that bar the military from repairing its own military equipment and instead force it to pay billions of dollars extra to military contractors.
In July 2024, Senator Elizabeth Warren included a provision in the Senate Fiscal Year 2025 NDAA that would require contractors to provide DoD with “fair and reasonable” access to repair materials.
In August 2023, Senator Elizabeth Warren and Ed Markey (D-Mass.), celebrated the U.S. Department of Transportation’s National Highway Traffic Safety Administration reversing course and allowing enforcement of Massachusetts’ pro-consumer Right to Repair law.
In June 2023, Senator Elizabeth Warren and Ed Markey (D-Mass.) called on the National Highway Traffic Safety Administration to reverse its course after it sent a recent letter to auto manufacturers, advising them not to comply with Massachusetts’ Right to Repair law.
In February 2022, Senators Elizabeth Warren and Angus King (I-Maine), and Congressman Lloyd Doggett (D-Texas) urged the Department of Health and Human Services to move forward with the march-in petition submitted for the prostate cancer drug Xtandi.
In July 2021, Senator Warren and Representative Doggett (D-Texas) sent a letter to the Department of Defense requesting information about steps taken to reduce costs of DoD-funded prescription drugs and medical products.
Source: United States Senator for Massachusetts – Elizabeth Warren
October 03, 2024
Lawmakers urge DOJ to investigate Boeing executives’ behavior, criminally prosecute those responsible for crashes
“For too long, corporate executives have routinely escaped prosecution for criminal misconduct… This coddling comes at the expense of customer and worker safety.”
Text of Letter (PDF)
Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Richard Blumenthal (D-Conn.) wrote to Attorney General Merrick Garland and Deputy Attorney General Lisa Monaco, urging the Department of Justice (DOJ) to investigate Boeing executives following years of promoting short-term profit over passenger safety. In the letter, the lawmakers urge the DOJ to review the behavior and potential culpability of Boeing’s executives, and criminally prosecute those responsible.
The letter comes as years of safety issues involving Boeing planes – including the fatal Boeing 737 MAX crashes in 2018 and 2019 – have continued to raise alarm about Boeing’s corporate culture. As recently as last week, the National Transportation Safety Board was forced to issue “urgent safety recommendations” for Boeing’s 737 aircraft line due to mechanical issues. Even amidst these continued failures, the Department of Justice has not criminally prosecuted those individuals responsible for harms to deliver justice and hold Boeing accountable. In July 2024, Boeing agreed to plead guilty to a felony charge of conspiring to defraud the federal government, but DOJ did not take the company to trial or charge individual executives. The deal included an additional fine, commitments to update compliance and safety processes, and oversight by a safety monitor for three years.
“For years, the federal government has accused Boeing of putting profits over passenger safety, without pursuing full accountability from the company or the company’s executives directly responsible for compromising passenger safety,” the lawmakers wrote. “[T]he combination of a relatively small fine coupled with a toothless commitment to improve aircraft safety has proven insufficient to effect real change at the company.”
In October 2023, Senator Warren called on the DOJ to immediately reverse its newly unveiled “safe harbor” policy, which would offer a “get-out-of-jail-free” card for mergers involving corporate white-collar criminals. Deputy Attorney General Monaco justified the policy, later noting that “[t]he rule of law demands that those most culpable for a company’s misconduct are the ones being charged, prosecuted, and convicted.”
“For too long, corporate executives have routinely escaped prosecution for criminal misconduct. This coddling comes at the expense of customer and worker safety, and it must end,” wrote the lawmakers.
After 346 people died in two Boeing 737 MAX plane crashes due to apparent failures in the MCAS flight stabilization system, the DOJ deferred prosecution, instead negotiating a deal to resolve criminal charges. This year, after the DOJ found that Boeing violated the terms of the deal, Boeing entered a plea agreement. Again, the DOJ failed to hold any Boeing executives accountable for the serious failures — and since the fatal 737 MAX crashes, countless more safety concerns have surfaced.
“The deadly crashes and reporting on safety issues since 2018 have shined a spotlight on Boeing’s corporate culture of prioritizing profits at the expense of safety…DOJ must do its part to bring the individuals responsible for Boeing’s safety failures to justice,” wrote the lawmakers.
Source: The White House
The President’s Commission on White House Fellows is pleased to announce the appointment of the 2024-2025 class of White House Fellows. Founded in 1964, the White House Fellows program offers exceptional young leaders first-hand experience working at the highest levels of the Federal government. Fellows spend a year working with senior White House Staff, Cabinet Secretaries, and other top-ranking Administration officials, and leave the Administration equipped to serve as better leaders in their communities. Fellowships are awarded on a non-partisan basis.
This year’s Fellows advanced through a highly competitive selection process, and they are a remarkably gifted, passionate, and accomplished group. These Fellows bring experience from across the country and from a broad cross-section of professions, including from the private sector, state government, academia, non-profits, medicine, and the armed forces.
Applications for the 2025-2026 Fellowship year will be accepted starting November 1, 2024. The application link and additional information is available at: https://www.whitehouse.gov/get-involved/fellows/.
Class of 2024-2025 White House Fellows
Patrick Branco is from Kailua, Hawai‘i, and is placed at the Department of the Navy. He has been the Director of External Affairs with Hawai‘i Green Growth, a United Nations (UN) hub catalyzing action on the UN Sustainable Development Goals for the Asia-Pacific region. Branco is the first from Hawai‘i to receive the Congressman Rangel International Affairs Fellowship, funding his master’s degree at Johns Hopkins School of Advanced International Studies. He served at the State Department in Colombia, Pakistan, Venezuela and the Secretary of State’s Operations Center. In 2020, he was elected to the Hawai‘i State House of Representatives. Branco currently serves as a U.S. Navy officer reservist and is proficient in Spanish, Korean, and Hawaiian.
Nicholas Dockery is from Indianapolis, Indiana, and is placed at the Office of the First Lady: Joining Forces Initiative. With a distinguished career in the Infantry and Special Operations Community, Nick has deployed to numerous combat zones and operational areas worldwide. For bravery and wounds in combat, Nick was awarded two Silver Stars and two Purple Hearts. His military experience is complemented by his academic and advisory roles; he served as a research fellow at the Modern War Institute and as an advisor to the Military Times Charitable Foundation. Nick has received the West Point Nininger Award for Valor at Arms, the General Douglas MacArthur Leadership Award, and the title of 2022 Soldier of the Year. An advocate for equine therapy, Nick passionately supports its use in helping veterans cope with PTSD. Nick holds a Master of Public Policy from Yale University and a Bachelor of Science from the United States Military Academy at West Point.
Tawny Holmes Hlibok, Esq. is from West Palm Beach, Florida, and is placed at the Domestic Policy Council. As a third-generation Deaf person and attorney, she is a dedicated advocate for deaf children’s education rights and language equity including access to sign languages. Tawny is a tenured associate professor in Deaf Studies at the world’s only university for the Deaf, Gallaudet University, where she recently won $3.75 million funding to lead a national implementation and change center for early intervention with deaf babies and their families in partnership with HRSA and NICHQ. She also serves as the executive director of the Conference of Educational Administrators of Schools and Programs for the Deaf.
DeAnna Hoskins is from Cincinnati, Ohio, and is placed at the Department of the Army. She has served as President/CEO of JustLeadershipUSA (JLUSA), a national nonprofit that empowers people directly impacted by the criminal justice system. DeAnna is a nationally- recognized advocate and policy expert who has shifted the national narrative on the disparities and limitations of having a criminal background. She has served as Senior Policy Advisor and as Deputy Director of the Federal Interagency Reentry Council at the U.S. Department of Justice. DeAnna was also the founding Director of Reentry for Hamilton County Board of County Commissioners in Ohio.
Michael Kennedy is from Morehead City, North Carolina, and is placed at the United States Coast Guard. As a nurse practitioner, her career involves direct patient care while leading process improvement in rural and underserved settings. Michael attended Lenoir Community College to become a Registered Nurse and later earned a B.S. Nursing from Barton College. Witnessing disparities in practice led Michael to East Carolina University for an M.S. Adult Nurse Practitioner, Post-M.S. Nursing Leadership, Doctorate of Nursing Practice, and Post-DNP Nursing Education. To better serve her community, Michael completed a Post-M.S. Adult-Gerontological Acute Care NP and Post-DNP Psychiatric-Mental Health NP at Duke University. Michael is a Great 100 Nurse and Bonnie Jones Friedman Humanitarian Award recipient.
Hoa Nguyen is from Silver Spring, Maryland, and is placed at the National Economic Council and the United States Coast Guard. At Montgomery College, she is an associate professor and chair of the business department, where she helped implement a zero-textbook-cost Business degree, saving students thousands of dollars in education costs. Under her leadership, faculty and students have won multiple local, state and national awards and recognitions. Hoa also co-led numerous initiatives that led to the launch of the Asian American Native American Pacific Islander Taskforce at the college. Hoa received a Ph.D. in economics from the University of Arizona.
Amnahir Peña-Alcántara is from Bronx, New York, and is placed at the Department of Commerce: National Institute of Standards and Technology. She is pursuing a Ph.D. in Materials Science and Engineering at Stanford University funded by the NSF’s Graduate Research Fellowship Program and the Knight-Hennessy Scholarship. Her research focuses on polymer blends for stretchable electronics. She graduated from MIT with a bachelor’s degree in materials science and engineering, and was a researcher at Northwestern University, Oxford University, and MIT. She has interned in wearable technology and textile fabrication companies in the U.S., Canada, Puerto Rico, and India.
Padmini Pillai is from Newton, Massachusetts, and is placed at the Social Security Administration. Padmini is an immunoengineer bridging the gap between discoveries in immunology and advances in biomaterial design to treat human disease. She has led a team at MIT developing a tumor-selective nanotherapy to eliminate hard-to-treat cancers. During the COVID-19 pandemic, Padmini was featured in several media outlets including CNBC, The Atlantic, and The New York Times to discuss vaccination, immunity, and the disproportionate impact of the pandemic on vulnerable communities. Padmini received her Ph.D. in immunobiology from Yale University and a B.A. in biochemistry from Regis College.
Maddy Sharp is from San Diego, California, and is placed at the Office of the Second Gentleman. She is a physician leader committed to securing a healthier and more equitable future for all Americans. She has served as a health policy fellow for Senator Amy Klobuchar and a policy research fellow for Secretary John Kerry. Madison has performed clinical work and research in Nicaragua, Jordan, and the Navajo Nation to reduce health disparities and championed policies to enhance healthcare delivery. She completed her obstetrics and gynecology residency at the Hospital of the University of Pennsylvania. Madison holds an M.D. from the Yale School of Medicine and B.A. from Yale University, where she captained the NCAA Division I field hockey team.
Jason Spencer is from Medford, New York, and is placed at the Department of Commerce. Jason is a Lieutenant Commander in the U.S. Navy serving as an Information Warfare and Intelligence Officer. At sea, he was assigned to aircraft carriers and destroyers deployed to the Middle East and Europe. Ashore, Jason served as Targeting Officer and Aide-de-Camp to the Commander of U.S. Fifth Fleet in Bahrain and later as Aide-de-Camp to the Commander of U.S. Pacific Fleet in Hawaii. At the Pentagon, he served as Senior Intelligence Briefer for the Chief of Naval Operations – Intelligence Plot and as an Executive Officer to the Joint Staff’s Director for Intelligence. Jason earned a B.A. in international studies and political science from Virginia Military Institute, an M.A. from the Department of War Studies at King’s College London, and an M.P.A. from the Kennedy School of Government at Harvard University.
Nalini Tata is from New York City, New York, and is placed at the White House Office of Cabinet Affairs. She is a neurosurgery resident at New York-Presbyterian Weill Cornell Medical Center/Memorial Sloan Kettering Cancer Center, where she helps treat the spectrum of emergency and elective neurosurgical conditions between a level I trauma center and a world-renowned cancer institute. Her published work spans clinical and non-scientific journals with a focus on advancing equity in access to care. Her career in neurosurgery and long-standing interest in public policy are closely bound by a deep-rooted dedication to public service. She received her BSc in neurobiology from Brown University, MPhil from the University of Cambridge, M.D. from Northwestern Feinberg School of Medicine, and MPP in Democracy, Politics, and Institutions from the Harvard Kennedy School of Government.
Alexander Tenorio is from Los Angeles, California, and is placed at the Department of Veterans Affairs. He is a neurological surgery resident at the University of California, San Diego. He is the proud son of Mexican immigrants and dedicated to improving health disparities. He has led a research team investigating neurological traumatic injuries at the U.S.-Mexico border with his published work featured in the Los Angeles Times and New York Times. In his commitment for health equity, he partnered with Hospital General de Tijuana in Mexico to improve their neurosurgical care. He earned an M.D. from the University of California, San Francisco and B.A. from the University of California, Berkeley.
Zachary White II is from Birmingham, Alabama, and is placed at the Department of Veterans Affairs. He is a Radiation Oncology resident physician and cancer researcher at Stanford University. Passionate about health equity, Zach co-chairs Stanford Medicine’s GME Diversity Committee, promoting diverse medical trainees’ recruitment and development, and provides health education to communities to improve health literacy. Zach graduated summa cum laude from Tuskegee University with a B.S. in biology and earned an M.S. in biomedical and health sciences from the University of Alabama at Birmingham. He received his M.D. from the University of South Alabama, where he served as class president.
Ryan Wisz is from Aiken, South Carolina, and is placed at the Central Intelligence Agency. He is a Lieutenant Commander in the United States Navy serving as a Submarine Warfare officer. At sea, he has served aboard Attack and Ballistic Missile submarines and has deployed seven times, including missions vital to national security. Ashore, he has served as aide-de-camp to the Commander Submarine Force, U.S. Pacific Fleet, and as the Submarine Squadron Engineer in San Diego, California. Prior to military service, he was a Page in the South Carolina House of Representatives and Senate. He received his B.S. in economics from the University of South Carolina and is a Distinguished Graduate from the Naval Postgraduate School with his MBA and published master’s thesis. He has received numerous personal and unit awards during his Navy service, is active in local tutoring, and passionate about financial education and physical fitness.
Mark York is a seventh-generation farmer from Lake Wilson, Minnesota, and is placed at the Department of Defense Office of Strategic Capital. He is a Ph.D. candidate in computer science at Harvard, where he researches crowdsourcing and reinforcement learning algorithms in collaboration with MIT. He is the co-founder and President of Farm Yield Africa, a non-profit providing tractor services and microcredit to 1,500 farmers in Ghana since 2016. Mark has worked as a consultant, and before that he led a data science team at a startup building agricultural risk models. He began his career at Cargill as a commodity trader and data scientist. Mark studied agronomy and mathematics at South Dakota State University, where as Student Body President he introduced legislation at the state and local level.
Headline: Union County Disaster Recovery Center To Close
Union County Disaster Recovery Center To Close
HARRISBURG, Pa. – The joint Disaster Recovery Center located in Union County will permanently close Saturday, October 5 at 6 p.m.
Residents who continue to need the services available at a DRC can visit one of the other centers:
Hepburn Volunteer Fire Company, 615 East Route 973 Highway, Cogan Station, Lycoming County
Penn-York Retreat Center, 266 Northern Potter Rd., Ulysses, Potter County,
Knoxville Community Center, 301 Main St., Knoxville Tioga County.
These centers are open Monday to Saturday, 8 a.m. to 6 p.m. Individuals and households impacted by Tropical Storm Debby from August 9-10 in Lycoming, Potter, Tioga and Union counties can visit any DRC to receive help and information.
Disaster survivors who have not yet applied for FEMA assistance can apply at a Disaster Recovery Center, apply online at DisasterAssistance.gov, use the FEMA App on your phone, or call 800-621-3362. If you use a relay service such as video relay service, captioned telephone service or others, give FEMA your number for that service when you apply.
The deadline for applying to FEMA for disaster assistance is November 12.
You can visit a DRC for help with other parts of the disaster recovery process. If you received a letter from FEMA about your application status, visit a DRC to learn more about next steps. DRC staff can help you submit additional information or supporting documentation for FEMA to continue to process your application. At a DRC you can also meet with representatives from Commonwealth of Pennsylvania agencies and the U.S. Small Business Administration (SBA).
For more information on Pennsylvania’s disaster recovery, visit the Pennsylvania Emergency Management Agency Facebook page, fema.gov/disaster/4815 and facebook.com/FEMA.
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FEMA’s mission is helping people before, during, and after disasters. FEMA Region 3’s jurisdiction includes Delaware, the District of Columbia, Maryland, Pennsylvania, Virginia and West Virginia. Follow us on X at x.com/FEMAregion3 and on LinkedIn at linkedin.com/company/femaregion3.
Disaster recovery assistance is available without regard to race, color, religion, nationality, sex, age, disability, English proficiency, or economic status. If you or someone you know has been discriminated against, call FEMA toll-free at 833-285-7448. If you use a relay service, such as video relay service (VRS), captioned telephone service or others, give FEMA the number for that service. Multilingual operators are available (press 2 for Spanish and 3 for other languages).
Source: The White House
From September 30 – October 2, First Lady Jill Biden traveled to Mexico City, Mexico as the Head of the U.S. Presidential Delegation to the inauguration of President Claudia Sheinbaum Pardo. The First Lady was joined by United States Ambassador to Mexico, Ken Salazar; U.S. Secretary of the Department of Health and Human Services, Xavier Becerra; U.S. Administrator of the Small Business Administration, Isabel Casillas Guzman; U.S. Senator Chris Coons of Delaware; U.S. Senator Chris Murphy of Connecticut; U.S. Representative of the 44th District of California and Chair of the Congressional Hispanic Caucus, Nanette Barragán; Deputy Assistant to the President and White House Social Secretary, Carlos Elizondo; and Mayor of Tucson, Arizona, Regina Romero.
During the visit, the First Lady delivered remarks at a reception hosted by Ambassador Salazar, where she highlighted the Biden-Harris Administration’s commitment to strengthening the partnership between the United States and Mexico. The First Lady and Ambassador Salazar also attended a dinner hosted by President Sheinbaum the evening before the inauguration, where she met with and congratulated President Sheinbaum. In addition to attending the President’s inauguration, the First Lady and the Delegation attended a luncheon in honor of President Sheinbaum. Concluding their travel, the First Lady and members of the Delegation visited the Museo Frida Kahlo to celebrate the shared cultural connections between the United States and Mexico.
Canada’s science and research sector pushes the boundaries of innovation thanks to cutting-edge facilities, laboratories and equipment. Working alongside universities, research institutions and businesses, the Canada Foundation for Innovation (CFI) provides essential funding for modern, high-quality research facilities and infrastructure. By equipping Canadian researchers with the tools they need, the CFI fosters solutions to today’s global challenges, drives innovation and advances knowledge that enhances the well-being of Canadians.
Nancy Déziel will further strengthen Canada’s leadership in science and research
October 3, 2024 – Ottawa, Ontario
Canada’s science and research sector pushes the boundaries of innovation thanks to cutting-edge facilities, laboratories and equipment. Working alongside universities, research institutions and businesses, the Canada Foundation for Innovation (CFI) provides essential funding for modern, high-quality research facilities and infrastructure. By equipping Canadian researchers with the tools they need, the CFI fosters solutions to today’s global challenges, drives innovation and advances knowledge that enhances the well-being of Canadians.
Today, the Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry, announced the appointment Nancy Déziel as Chair of the CFI Board of Directors for a three-year term, effective September 20, 2024.
Ms. Déziel has a wealth of experience in the science and research sectors, having held various senior leadership positions throughout her career. She has been working actively with the College Centres for the Transfer of Technologies for 30 years and was previously a member of the Natural Sciences and Engineering Research Council of Canada’s Council.
Ms. Déziel began her career as a laboratory technician and advanced to roles such as quality lead, project lead, business development officer and ultimately, Director General at the National Center in Environmental technology and Electrochemistry. She helped establish laboratories at the Industrial Waste Technology Centre, and she served as a technology advisor with Réseau Trans-Tech, enhancing her expertise in agriculture, food, and biotechnology. She also chaired the Chambre de commerce et d’industrie de Shawinigan from 2011 to 2013 and served as the Vice-President of the Fonds de recherche du Québec – Nature et technologies board of directors from 2011 to 2019. Ms. Déziel is actively involved in numerous organizations, including serving as Administrator of the Réseau des CCTT Synchronex and President of the ADRIQ board of directors.
In addition to welcoming Ms. Déziel to her new role, Minister Champagne thanks former board chair Dr. Ingrid Pickering, who served in the position for six years.
The CFI is an independent organization created through federal legislation in 1997 to support advanced research infrastructure in Canadian universities, colleges, research hospitals and non-profit research institutions. The CFI provides funding for state-of-the-art facilities and equipment that increase Canada’s capability to carry out high-quality research.
Quotes
“I would like to extend my heartfelt congratulations to Nancy Déziel on her new leadership role. Her guidance will be pivotal as CFI continues to enhance Canada’s research ecosystem, not only in supporting groundbreaking projects but also in fostering collaboration among institutions.” – The Honourable François-Philippe Champagne, Minister of Innovation, Science and Industry
“The Canada Foundation for Innovation contributes to the advancement of research and development and the pursuit of excellence, which are the drivers of Canada’s innovation. I am proud to be undertaking this major role in supporting the ecosystem dedicated to an increasingly efficient innovation continuum: universities, colleges and industries for a better future for the citizens of Canada. I want to thank Minister François-Philippe Champagne for his trust, along with all those who contribute to this wonderful ecosystem through their work.” – Nancy Déziel, Chair, Canada Foundation for Innovation Board of Directors
Quick facts
The CFI Board of Directors is made up of 13 people, six of whom—including the Chair—are appointed by the Governor-in-Council on the recommendation of the Minister. The Board makes final decisions on projects to be funded and approves the CFI’s annual plans and objectives, reviewing the outcomes of these objectives every year. By providing strategic direction and oversight, the Board of Directors supports the CFI in its mandate to increase Canada’s capability to carry out important world-class scientific research and technology development, leading to economic growth and job creation through innovation.
This appointment follows an open, transparent and merit-based selection process.
Since 2016, the federal government has invested over $22 billion in science and research initiatives, including infrastructure, emerging talent and other science and technology support measures.
Budget 2024 provided investments of $734 million in modern, high-quality research facilities and infrastructure to help solve real-world problems, create economic opportunities, and attract and train the next generation of scientific talent.
Associated links
Contacts
Audrey Milette Press Secretary Office of the Minister of Innovation, Science and Industry audrey.milette@ised-isde.gc.ca
Media Relations Innovation, Science and Economic Development Canada media@ised-isde.gc.ca
Julie Dabrusin, Parliamentary Secretary to the Minister of Environment and Climate Change and to the Minister of Energy and Natural Resources, on behalf of the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced funding of $13.6 million from National Resources Canada’s Enabling Small Modular Reactors (SMR) Program for nine research projects to promote the safe, commercial development of SMRs to contribute to our low-carbon economy and help fight climate change.
October 3, 2024 Ottawa, Ontario Natural Resources Canada
As Canada continues to move toward a low-carbon economy, many forms of clean energy are needed to power the growing demand for affordable and reliable electricity. These include nuclear energy, which is non-emitting, consistent and safe.
Today, Julie Dabrusin, Parliamentary Secretary to the Minister of Environment and Climate Change and to the Minister of Energy and Natural Resources, on behalf of the Honourable Jonathan Wilkinson, Minister of Energy and Natural Resources, announced funding of $13.6 million from National Resources Canada’s Enabling Small Modular Reactors (SMR) Program for nine research projects to promote the safe, commercial development of SMRs to contribute to our low-carbon economy and help fight climate change. The projects are:
$935,542 to Queen’s University in Kingston, Ontario, to study fuel dry storage and to conduct a techno-gap / life-cycle assessment to enable the effective deployment of SMRs.
$2,131,000 to Chemetics in Pickering, Ontario, to support the research and development of SMR fabrication. This project will enable Chemetics to develop, test and qualify new fabrication technologies for SMR components.
$2,750,000 to Prodigy Clean Energy Ltd in Montreal, Quebec, to support research and development to enable transportable nuclear power plants as part of the SMR supply chain.
$3,750,000 to the Nuclear Waste Management Organization in Toronto, Ontario, to enhance the compatibility of the NWMO’s current Adaptive Phased Management program with the upcoming deployment of SMRs.
$261,535 to Calian Ltd. in Ottawa, Ontario, to provide a guidance document to SMR vendors and planned owners or operators in Canada that outlines the characterization of radiological elements in building materials for the construction of new SMR facilities.
$543,000 to the Organization of Canadian Nuclear Industries in Pickering, Ontario, to develop a National Ready4SMR program to identify procurement risks due to technological gaps in Canada’s SMR projects and subsequently develop supply strategies for at-risk parts and components.
$126,475 to Kinectrics in Etobicoke, Ontario, to investigate the feasibility of disposing the isotope carbon-14 by recovering it from radioactive wastes and to engage with stakeholders to identify a route to divert waste streams from disposal.
$2,070,336 to North Shore Mi’kmaq Tribal Council in Eel Ground, New Brunswick, to study and develop robust supply chains in Canada for SMR manufacturing while anchoring elements in New Brunswick with First Nations ownership.
$1,094,850 to Opportunities New Brunswick in Fredericton, New Brunswick, to provide a research and development life-cycle framework and roadmap for the manufacturing of cost-effective modularized SMR technology to enhance the development and deployment of SMRs within Canada.
As Canada advances toward a net-zero future, investments like these are key to reducing emissions, maximizing energy performance and industry competitiveness. These investments support workers and industry in building a more prosperous and sustainable future. With over 70,000 hard-working Canadians employed across its supply chain, Canada’s nuclear industry is well positioned to leverage its science and technology innovation to become a leader in the development and deployment of small modular reactor technology.
Quotes
“Developing next-generation nuclear technologies, like small modular reactors, will be essential as Canada faces growing energy demands and is called upon to export our clean technologies to partners around the world. Our nuclear sector is poised to be a leader in an emerging global SMR market that some estimate to be worth up to $150 billion a year by 2040.”
Julie Dabrusin Parliamentary Secretary to the Minister of Energy and Natural Resources and to the Minister of Environment and Climate Change
Quick facts
Budget 2022 allocated $29.6 million to NRCan over four years for research and development to support the conditions and frameworks necessary for SMRs to displace fossil fuels and contribute to climate change mitigation.
NRCan introduced the Enabling Small Modular Reactors Program in 2023 to support the development of supply chains for SMR manufacturing and fuel and to fund research on SMR waste management solutions to ensure that SMRs and the waste they generate can be safely managed, now and into the future.
The Enabling SMR Program has announced $3.5 million to date for projects being led by the Canadian Standards Association, the University of Alberta and the University of Regina.
Source: United States House of Representatives – Representative Paul Tonko (Capital Region New York)
WASHINGTON, DC — Congressman Paul D. Tonko (NY-20) celebrated President Biden signing into law his National Alzheimer’s Project Act (NAPA) Reauthorization Act, bipartisan legislation he authored that reauthorizes the National Alzheimer’s Project Act through 2035 to provide a roadmap for federal efforts in responding to Alzheimer’s and other dementias, as well as the Alzheimer’s Accountability and Investment Act that ensures scientists speak directly to Congress on resources they need to effectively treat the disease.
“This action marks a major step in tackling Alzheimer’s and delivering a needed dose of hope to those living with this devastating disease and their loved ones,”Congressman Tonko said. “During my first term in Congress, I joined my colleagues in advancing the National Alzheimer’s Project Act (NAPA) to provide a roadmap for federal efforts in responding to Alzheimer’s and other dementias. Now, after a decade of successful implementation of that law, and with its expiration in 2025 looming, I was honored to lead the push to reauthorize this pivotal legislation. The enactment of the NAPA Reauthorization Act and Alzheimer’s Accountability and Investment Act will equip us with the tools and resources necessary to address Alzheimer’s and ease the heavy burden on patients and their families. I’m thankful to my colleagues and the numerous local, state, and national organizations who stood with me to get this legislation across the finish line.”
From the beginning of his time in Congress, Tonko has championed the push to address Alzheimer’s and related dementias. Ever since he introduced this legislation last year, Tonko has pushed for the passage of these bills, first through House Committee and later to the Floor, where they were advanced just last week.
“Congressman Paul Tonko is a longstanding champion for the 426,500 New Yorkers living with Alzheimer’s and their caregivers,”said Beth Smith-Boivin, executive director of the Alzheimer’s Association, Northeastern New York Chapter.“From holding roundtable discussions to attending our local Walk to End Alzheimer’s, Congressman Tonko has sat with and listened to the stories from local families impacted by this devastating disease. But his tireless efforts in Congress to advance these bipartisan bills across the finish line not only impacts individuals in his district, but throughout New York State and across the nation. These bills show that our nation is committed to a future in which everyone in all communities will have access to prevention, early detection, treatment, care, and ultimately, cures. We are so grateful to have Congressman Tonko as a powerful and compassionate advocate for our cause.”
Also advanced in the House last month and awaiting action in the Senate is the Building Our Largest Dementia (BOLD) Infrastructure for Alzheimer’s Reauthorization Act, which Tonko co-leads. The bill drives public health research, early detection infrastructure, and support for caregivers.
On October 1, 2024, Avjet Holding inc., a company specializing in aviation fuel distribution, was fined $200,000 by the Court of Québec.
October 3, 2024 – Sept-Îles, Quebec
Canadians know the value of a healthy and safe environment. Environment and Climate Change Canada enforcement officers strive to ensure that businesses and individuals comply with laws and regulations that protect Canada’s natural environment.
On October 1, 2024, Avjet Holding inc., a company specializing in aviation fuel distribution, was fined $200,000 by the Court of Québec. The company pleaded guilty to one count of violating the Storage Tank Systems for Petroleum Products and Allied Petroleum Products Regulations under the Canadian Environmental Protection Act, 1999. The conviction is the result of a petroleum product spill that occurred between January 17 and 18, 2023. The fine will be directed to the Government of Canada’s Environmental Damages Fund to support projects that have a positive impact on Canada’s natural environment.
Environment and Climate Change Canada enforcement officers launched an investigation after being informed of a petroleum product spill at the Natashquan Airport in Quebec. The investigation proved that while delivering fuel, a quantity of approximately 4,900 litres of the product was spilled into the environment. Two valves left open by an Avjet Holding inc. employee, as well as another defective valve in the storage system’s filling cabinet, were the cause of the release.
Releasing a petroleum product into the environment as a result of a leak in, or spill from, a tank is an offence under the Storage Tank Systems for Petroleum Products and Allied Petroleum Products Regulations under the Canadian Environmental Protection Act, 1999.
As a result of this conviction, the company’s name will be added to the Environmental Offenders Registry. The Registry contains information on convictions of corporations registered for offences committed under federal environmental laws.
Environment and Climate Change Canada has created a free subscription service to help Canadians stay current with what the Government of Canada is doing to protect the natural environment.
Media Relations Environment and Climate Change Canada 819-938-3338 or 1-844-836-7799 (toll-free) media@ec.gc.ca
Federal investment helps develop cleaner energy systems in Atlantic Canada
October 3, 2024 · Lennox Island, Prince Edward Island · Atlantic Canada Opportunities Agency (ACOA)
Every day, Indigenous communities and their members across Atlantic Canada are forging a path of sustainability and opportunity. In Epekwitk (Prince Edward Island), a collaborative approach between business, academia, and community is helping to fuel innovation in the renewable energy space. The Government of Canada is working with Indigenous communities and small and medium-sized enterprises (SMEs) to maximize their assets, capitalize on economic opportunities, and contribute to the prosperity of Indigenous Peoples across Atlantic Canada.
Supporting Indigenous business leadership
Today, Bobby Morrissey, Member of Parliament for Egmont, announced a non-repayable contribution of $100,000 to L’nu Energy Inc. to support the purchase of equipment to expand its services to Indigenous communities. The investment will help the company better serve its clients, from concept to completion, with the development, management, and optimization of renewable energy microgrid systems.
The announcement was made on behalf of the Honourable Gudie Hutchings, Minister of Rural Economic Development and Minister responsible for ACOA.
Climate change has challenged all communities to rethink their design and approach to long term growth. Today’s announcement demonstrates how the Government of Canada continues to leverage its programs to advance the transition to net zero through support for Indigenous business leaders, and the development of collaborative ecosystems to scale-up more clean technology companies.
For almost a decade, researchers have been gathering evidence that the social media platform Facebook disproportionately amplifies low-quality content and misinformation.
So it was something of a surprise when in 2023 the journal Science published a study that found Facebook’s algorithms were not major drivers of misinformation during the 2020 United States election.
This study was funded by Facebook’s parent company, Meta. Several Meta employees were also part of the authorship team. It attracted extensive media coverage. It was also celebrated by Meta’s president of global affairs, Nick Clegg, who said it showed the company’s algorithms have “no detectable impact on polarisation, political attitudes or beliefs”.
But the findings have recently been thrown into doubt by a team of researchers led by Chhandak Bagch from the University of Massachusetts Amherst. In an eLetter also published in Science, they argue the results were likely due to Facebook tinkering with the algorithm while the study was being conducted.
In a response eLetter, the authors of the original study acknowledge their results “might have been different” if Facebook had changed its algorithm in a different way. But they insist their results still hold true.
The whole debacle highlights the problems caused by big tech funding and facilitating research into their own products. It also highlights the crucial need for greater independent oversight of social media platforms.
Merchants of doubt
Big tech has started investing heavily in academic research into its products. It has also been investing heavily in universities more generally. For example, Meta and its chief Mark Zuckerberg have collectively donated hundreds of millions of dollars to more than 100 colleges and universities across the United States.
This is similar to what big tobacco once did.
In the mid-1950s, cigarette companies launched a coordinated campaign to manufacture doubt about the growing body of evidence which linked smoking with a number of serious health issues, such as cancer. It was not about falsifying or manipulating research explicitly, but selectively funding studies and bringing to attention inconclusive results.
This helped foster a narrative that there was no definitive proof smoking causes cancer. In turn, this enabled tobacco companies to keep up a public image of responsibility and “goodwill” well into the 1990s.
Big tobacco ran a campaign to manufacture doubt about the health effects of smoking. Ralf Liebhold/Shutterstock
A positive spin
The Meta-funded study published in Science in 2023 claimed Facebook’s news feed algorithm reduced user exposure to untrustworthy news content. The authors said “Meta did not have the right to prepublication approval”, but acknowledged that The Facebook Open Research and Transparency team “provided substantial support in executing the overall project”.
The study used an experimental design where participants – Facebook users – were randomly allocated into a control group or treatment group.
The control group continued to use Facebook’s algorithmic news feed, while the treatment group was given a news feed with content presented in reverse chronological order. The study sought to compare the effects of these two types of news feeds on users’ exposure to potentially false and misleading information from untrustworthy news sources.
The experiment was robust and well designed. But during the short time it was conducted, Meta changed its news feed algorithm to boost more reliable news content. In doing so, it changed the control condition of the experiment.
The reduction in exposure to misinformation reported in the original study was likely due to the algorithmic changes. But these changes were temporary: a few months later in March 2021, Meta reverted the news feed algorithm back to the original.
In a statement to Science about the controversy, Meta said it made the changes clear to researchers at the time, and that it stands by Clegg’s statements about the findings in the paper.
Unprecedented power
In downplaying the role of algorithmic content curation for issues such as misinformation and political polarisation, the study became a beacon for sowing doubt and uncertainty about the harmful influence of social media algorithms.
To be clear, I am not suggesting the researchers who conducted the original 2023 study misled the public. The real problem is that social media companies not only control researchers’ access to data, but can also manipulate their systems in a way that affects the findings of the studies they fund.
What’s more, social media companies have the power to promote certain studies on the very platform the studies are about. In turn, this helps shape public opinion. It can create a scenario where scepticism and doubt about the impacts of algorithms can become normalised – or where people simply start to tune out.
This kind of power is unprecedented. Even big tobacco could not control the public’s perception of itself so directly.
All of this underscores why platforms should be mandated to provide both large-scale data access and real-time updates about changes to their algorithmic systems.
When platforms control access to the “product”, they also control the science around its impacts. Ultimately, these self-research funding models allow platforms to put profit before people – and divert attention away from the need for more transparency and independent oversight.
Timothy Graham receives funding from the Australian Research Council (ARC) for his Discovery Early Career Researcher Award, ‘Combatting Coordinated Inauthentic Behaviour on Social Media’. He also receives ARC funding for the Discovery Project, ‘Understanding and combatting “Dark Political Communication”‘ (2024–2027).
TAMPA, FL –Rather than address the 15 existing safety and health hazards cited by federal workplace safety inspectors in July 2023, a Pinellas Park boat manufacturer continues to jeopardize the safety and health of its workers, according to a follow-up inspection by the U.S. Department of Labor.
Prompted by the failure of Blacktip Boatworks LLC to submit required proof of abatement to the department’s Occupational Safety and Health Administration, inspectors returned to the worksite in March 2024 and discovered the company had not corrected hazardous conditions, including failing to institute a workplace respiratory protection program and procedures for workers required to wear tight fitting respirators, and failing to develop and maintain a written hazard communication program and safety data sheets for workers handling hazardous chemicals.
In addition, the agency identified repeat and serious safety and health violations, such as failing to provide training to workers voluntarily using respirators, failing to conduct periodic inspections on equipment used to lift boats and remove damaged equipment from service, failing to electrically interconnect containers used to transfer flammable liquids, and failing to provide medical evaluations and fit testing to workers required to wear tight-fitting respirators.
“Our follow-up inspection found Blacktip Boatworks continuing to expose its employees to potentially disabling and deadly injuries,” explained OSHA Area Director Danelle Jindra in Tampa, Florida. “The citations we issue are not recommendations. They are violations of federal law that must be addressed immediately.”
View the citation and Failure to Abate notice.
OSHA cited Blacktip Boatworks with four failure-to-abate, two serious and three repeat violations, as well as one other-than-serious violation because of the inspection. The company now faces a total of $328,287 in penalties.
OSHA’s Maritime Industry page provides solutions to prevent injuries from hazards including forklifts, slips, trips and falls and materials handling. The agency’s site offers training publications, videos, and other resources to identify, reduce and eliminate hazards in the maritime sector.
Based in Pinellas Park, Blacktip Boatworks LLC designs and builds semi-custom flat, bay and offshore boats.
The employer has 15 business days from receipt of the citations and penalties to comply, request an informal conference with OSHA’s area director, or contest the findings before the independent Occupational Safety and Health Review Commission.
DALLAS, Oct. 03, 2024 (GLOBE NEWSWIRE) — Texas Capital Bancshares, Inc. (NASDAQ: TCBI), the parent company of Texas Capital Bank, today announced that it expects to issue financial results for the third quarter of 2024 before market on Thursday, October 17, 2024. Executive management will host a conference call and webcast to discuss third quarter 2024 operating results on Thursday, October 17, 2024, at 9:00 a.m. EDT.
Alternatively, participants may call 833.470.1428 and use the access code 126292 at least fifteen minutes prior to the call to join through an operator.
An audio replay will be available one hour after the conclusion of the call on the company’s investor website.
ABOUT TEXAS CAPITAL BANCSHARES, INC. Texas Capital Bancshares, Inc. (NASDAQ®: TCBI), a member of the Russell 2000® Index and the S&P MidCap 400®, is the parent company of Texas Capital Bank (“TCB”). Texas Capital is the collective brand name for TCB and its separate, non-bank affiliates and wholly-owned subsidiaries. Texas Capital is a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs and individual customers. Founded in 1998, the institution is headquartered in Dallas with offices in Austin, Houston, San Antonio and Fort Worth, and has built a network of clients across the country. With the ability to service clients through their entire lifecycles, Texas Capital has established commercial banking, consumer banking, investment banking and wealth management capabilities. All services are subject to applicable laws, regulations, and service terms. Deposit and lending products and services are offered by TCB. For deposit products, member FDIC. For more information, please visit http://www.texascapital.com.
TORONTO, Oct. 03, 2024 (GLOBE NEWSWIRE) — AGF Management Limited reported total assets under management (AUM) and fee-earning assets1 of $50.9 billion as at September 30, 2024.
Subtotal (before AGF Capital Partners AUM and fee-earning assets1)
$46.0
$44.8
$38.9
AGF Capital Partners
$2.8
$2.8
$0.1
Total AUM
$48.8
$47.6
2.5%
$39.0
25.1%
AGF Capital Partners fee-earning assets1
$2.1
$2.1
$2.0
Total AUM and fee-earning assets1
$50.9
$49.7
2.4%
$41.0
24.1%
Average Daily Mutual Fund AUM
$28.2
$27.7
$24.0
1 Fee-earning assets represent assets in which AGF has carried interest ownership and earns recurring fees but does not have ownership interest in the managers.
Mutual Fund AUM by Category
($ billions)
September 30, 2024
August 31, 2024
September 30, 2023
Domestic Equity Funds
$4.4
$4.3
$3.9
U.S. and International Equity Funds
$17.3
$16.9
$13.1
Domestic Balanced Funds
$0.1
$0.1
$0.1
U.S. and International Balanced Funds
$1.6
$1.6
$1.6
Domestic Fixed Income Funds
$1.8
$1.7
$1.5
U.S. and International Fixed Income Funds
$3.2
$3.2
$3.1
Domestic Money Market
$0.3
$0.3
$0.2
Total Mutual Fund AUM
$28.7
$28.1
$23.5
AGF Capital Partners AUM and fee-earning assets
($ billions)
September 30, 2024
August 31, 2024
September 30, 2023
AGF Capital Partners AUM
$2.8
$2.8
$0.1
AGF Capital Partners fee-earning assets
$2.1
$2.1
$2.0
Total AGF Capital Partners AUM and fee-earning assets
$4.9
$4.9
$2.1
About AGF Management Limited
Founded in 1957, AGF Management Limited (AGF) is an independent and globally diverse asset management firm. Our companies deliver excellence in investing in the public and private markets through three business lines: AGF Investments, AGF Capital Partners and AGF Private Wealth.
AGF brings a disciplined approach, focused on incorporating sound, responsible and sustainable corporate practices. The firm’s collective investment expertise, driven by its fundamental, quantitative and private investing capabilities, extends globally to a wide range of clients, from financial advisors and their clients to high-net worth and institutional investors including pension plans, corporate plans, sovereign wealth funds, endowments and foundations.
Headquartered in Toronto, Canada, AGF has investment operations and client servicing teams on the ground in North America and Europe. With nearly $51 billion in total assets under management and fee-earning assets, AGF serves more than 800,000 investors. AGF trades on the Toronto Stock Exchange under the symbol AGF.B.
AGF Management Limited shareholders, analysts and media, please contact:
HENDERSON, Nev., Oct. 03, 2024 (GLOBE NEWSWIRE) — Employers Holdings, Inc. (the “Company”) (NYSE:EIG) today announced that it will release its third quarter 2024 financial results after market close on Wednesday, October 30, 2024, after which these materials will be available on the Company’s website at http://www.employers.com through the “Investors” link.
Conference Call Details The Company will then review these financial results via a conference call and webcast on Thursday, October 31, 2024, at 11:00 a.m. EDT / 8:00 a.m. PDT.
To participate in the live conference call, you must first register here. Once registered you will receive dial-in numbers and a unique PIN number. The webcast will be accessible on the Company’s website at http://www.employers.com through the “Investors” link.
An archived version of the webcast will be accessible on the Company’s website following the live call.
EMPLOYERS® and America’s small business insurance specialist® are registered trademarks of EIG Services, Inc. Employers Holdings, Inc. is a holding company with subsidiaries that are specialty providers of workers’ compensation insurance and services focused on small and select businesses engaged in low-to-medium hazard industries. The Company operates throughout the United States, with the exception of four states that are served exclusively by their state funds. Insurance is offered through Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Preferred Insurance Company, Employers Assurance Company and Cerity Insurance Company, all rated A- (Excellent) by the A.M. Best Company. Not all companies do business in all jurisdictions. See http://www.employers.com and http://www.cerity.com for coverage availability.
ASHEVILLE, N.C., Oct. 03, 2024 (GLOBE NEWSWIRE) — While the full impact of Hurricane Helene and its aftermath, including catastrophic rain and flooding, is still unknown, relief efforts continue, and HomeTrust Bank is committed and prepared to serve its employees and customers who were affected.
“Our thoughts and prayers are with the many families and businesses impacted by the devastating flooding,” said C. Hunter Westbrook, President & Chief Executive Officer. “We want to assure everyone affected of our firm commitment to work with you to provide the banking support needed for your home, your business and our great communities. In addition, the teamwork and dedication of our employees has been tremendous as they restored bank operations while tending to their personal and familial responsibilities. We are also humbled by the support, supplies and outreach from other banks throughout the Southeast.”
As we emerge from the devastation our communities have suffered, our top priority is the safety of our customers and our team members. We have now communicated with and confirmed the safety of all our employees, as well as assessed all our banking locations noting only minimal damage from the storm. We remained functionally operational throughout the storm, including electronic banking services and online operations, and currently all but three of our 36 locations have at least drive-thru banking available. With utilities and communications still impaired and unstable, particularly in our home base of Western North Carolina, please refer to our website at http://www.htb.com/hurricane-helene for the most recent updates and service availabilities.
About HomeTrust Bancshares, Inc. HomeTrust Bancshares, Inc. (NASDAQ: HTBI) is the holding company for HomeTrust Bank. As of June 30, 2024, the Company had assets of $4.7 billion. The Bank, founded in 1926, is a North Carolina state chartered, community-focused financial institution committed to providing value added relationship banking with over 30 locations as well as online/mobile channels. Locations include: North Carolina (the Asheville metropolitan area, the “Piedmont” region, Charlotte and Raleigh/Cary), South Carolina (Greenville and Charleston), East Tennessee (Kingsport/Johnson City, Knoxville and Morristown), Southwest Virginia (the Roanoke Valley) and Georgia (Greater Atlanta).
Forward-Looking Statements This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact, but instead are based on certain assumptions including statements with respect to the Company’s beliefs, plans, objectives, goals, expectations, assumptions and statements about future economic performance and projections of financial items. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could cause actual results to differ materially from the results anticipated or implied by forward-looking statements. The factors that could result in material differentiation include, but are not limited to the impact of bank failures or adverse developments involving other banks and related negative press about the banking industry in general on investor and depositor sentiment; the remaining effects of the COVID-19 pandemic on general economic and financial market conditions and on public health, both nationally and in the Company’s market areas; natural disasters, including the effects of Hurricane Helene; expected revenues, cost savings, synergies and other benefits from merger and acquisition activities might not be realized to the extent anticipated, within the anticipated time frames, or at all, costs or difficulties relating to integration matters, including but not limited to customer and employee retention, might be greater than expected, and goodwill impairment charges might be incurred; increased competitive pressures among financial services companies; changes in the interest rate environment; changes in general economic conditions, both nationally and in our market areas; legislative and regulatory changes; and the effects of inflation, a potential recession, and other factors described in the Company’s latest Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and other documents filed with or furnished to the Securities and Exchange Commission – which are available on the Company’s website at http://www.htb.com and on the SEC’s website at http://www.sec.gov. Any of the forward-looking statements that the Company makes in this press release or in the documents the Company files with or furnishes to the SEC are based upon management’s beliefs and assumptions at the time they are made and may turn out to be wrong because of inaccurate assumptions, the factors described above or other factors that management cannot foresee. The Company does not undertake, and specifically disclaims any obligation, to revise any forward-looking statements to reflect the occurrence of anticipated or unanticipated events or circumstances after the date of such statements.
MIAMI, Oct. 03, 2024 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (the “Company”) (NYSE: PNNT) announced that it will report results for the fourth fiscal quarter ended September 30, 2024 on Monday, November 25, 2024 after the close of the financial markets.
The Company will also host a conference call at 12:00 p.m. (Eastern Time) on Tuesday, November 26, 2024 to discuss its financial results. All interested parties are welcome to participate. You can access the conference call by dialing toll-free (888) 394-8218 approximately 5-10 minutes prior to the call. International callers should dial (646) 828-8193. All callers should reference conference ID #3424889 or PennantPark Investment Corporation. An archived replay will also be available on a webcast link located on the Quarterly Earnings page in the Investor section of PennantPark’s website.
ABOUT PENNANTPARK INVESTMENT CORPORATION
PennantPark Investment Corporation is a business development company which principally invests in U.S. middle-market private companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments. PennantPark Investment Corporation is managed by PennantPark Investment Advisers, LLC.
ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC
PennantPark Investment Advisers, LLC is a leading middle market credit platform, managing $8.0 billion of investable capital, including potential leverage. Since its inception in 2007, PennantPark Investment Advisers, LLC has provided investors access to middle market credit by offering private equity firms and their portfolio companies as well as other middle-market borrowers a comprehensive range of creative and flexible financing solutions. PennantPark Investment Advisers, LLC is headquartered in Miami and has offices in New York, Chicago, Houston, Los Angeles and Amsterdam.
FORWARD-LOOKING STATEMENTS
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Investment Corporation undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.
CONTACT: Richard T. Allorto, Jr. PennantPark Investment Corporation (212) 905-1000 http://www.pennantpark.com
WESTPORT, Conn., Oct. 03, 2024 (GLOBE NEWSWIRE) — Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution of $0.25 per share on the Company’s common shares (the “Common Shares”). The distribution for the three months ended September 30, 2024, is payable on October, 24, 2024, to all holders of record of Common Shares as of October 17, 2024.
The Board also declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”). The distribution on the Series A Preferred Shares covers the period from, and including, July 30, 2024, up to, but excluding, October 30, 2024. The distribution for such period is payable on October 30, 2024, to all holders of record of Series A Preferred Shares as of October 15, 2024.
The Board also declared a quarterly cash distribution of $0.4921875 per share on the Company’s 7.875% Series B Preferred Shares (the “Series B Preferred Shares”). The distribution on the Series B Preferred Shares covers the period from, and including, July 30, 2024, up to, but excluding, October 30, 2024. The distribution for such period is payable on October 30, 2024, to all holders of record of Series B Preferred Shares as of October 15, 2024.
The Board also declared a quarterly cash distribution of $0.4921875 per share on the Company’s 7.875% Series C Preferred Shares (the “Series C Preferred Shares”). The distribution on the Series C Preferred Shares covers the period from, and including, July 30, 2024, up to, but excluding, October 30, 2024. The distribution for such period is payable on October 30, 2024, to all holders of record of Series C Preferred Shares as of October 15, 2024.
CODI’s common and preferred cash distributions should generally constitute “qualified dividends” for U.S. federal income tax purposes to the extent they are paid from “earnings and profits” (as determined under U.S. federal income tax principles), provided that the requisite holding period is met. To the extent that the amount of the cash distributions exceeds earnings and profits, such distribution will first be treated as a non-taxable return of capital to the extent of the holder’s adjusted tax basis in the shares, and thereafter be treated as a capital gain from the sale or exchange of such shares.
CODI anticipates, but is not certain, that all 2024 distributions will be treated as qualified dividends, provided that the requisite holding periods are met. The final tax status of such amounts will be made and reported to shareholders in early 2025, when the determination of earnings and profits for the 2024 year is completed. The final tax status of the 2024 distributions may differ from this preliminary expectation.
About Compass Diversified (“CODI”) Since its IPO in 2006, CODI has consistently executed its strategy of owning and managing a diverse set of highly defensible, middle-market businesses across the industrial, branded consumer and healthcare sectors. The Company leverages its permanent capital base, long-term disciplined approach, and actionable expertise to maintain controlling ownership interests in each of its subsidiaries, maximizing its ability to impact long-term cash flow generation and value creation. The Company provides both debt and equity capital for its subsidiaries, contributing to their financial and operating flexibility. CODI utilizes the cash flows generated by its subsidiaries to invest in the long-term growth of the Company and has consistently generated strong returns through its culture of transparency, alignment and accountability. For more information, please visit compassdiversified.com.
Forward Looking Statements This press release may contain certain forward-looking statements, including statements with regard to the future performance of CODI and its subsidiaries. Words such as “believes,” “expects,” and “future” or similar expressions, are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the risk factor discussion in the Form 10-K filed by CODI with the SEC for the year ended December 31, 2023 and in other filings with the SEC. Except as required by law, CODI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
