Tata Steel gains initial approval for pension scheme restructure

first_imgTata Steel UK and trustees of the British Steel pension scheme (BSPS) have agreed a restructuring deal, which has been granted initial approval by The Pensions Regulator (TPR).Under the agreement, Tata Steel UK will pay £550 million to the British Steel pension scheme (BSPS) to meet conditions of a regulated apportionment arrangement (RAA).The defined benefit (DB) pension scheme was closed to future accrual on 31 March 2017 after a consultation process. Members of trade unions GMB, Unite and Community voted to accept a new pension proposal in February 2017, which involved the closure of the DB scheme to future accrual and the creation of a new defined contribution (DC) scheme.The RAA, which is expected to gain formal approval from TPR in 28 days, will separate the pension scheme from Tata Steel UK. The terms of the RAA were agreed in principle in May 2017 between the BSPS trustee, TPR, and the Pension Protection Fund (PPF). Under the terms, the pension scheme would receive £550 million from the Tata Steel Group, which indirectly owns Tata Steel UK, and the scheme would also be awarded a 33% equity stake in Tata Steel UK.Following the completion of the RAA, which is expected to be effective around 11 September 2017, the scheme’s 130,000 members will be able to choose whether they wish to transfer into a new pension scheme sponsored by Tata Steel UK, or remain in the existing scheme which will be transferred to the PPF.The existing pension scheme will continue to pay full benefits until the PPF assessment period in March 2018. After this date, the scheme benefits will be at the amount the PPF will pay under its compensation limits. Members who switch into the new scheme will not be affected by this.Access to the new scheme will be subject to the scheme being able to satisfy certain qualifying conditions, for example around its funding level and size. Joining the new scheme has the potential to allow members to receive higher benefits than if they were to join the PPF.TPR granted clearance for the new pensions proposal after ensuring that the plan met strict criteria designed to stop employers abusing the RAA mechanism. This included that the business would have become insolvent within the next 12 months if the RAA did not take place, leaving the pension scheme without its sponsoring employer.The Tata Steel Group has no legal obligation to fund the BSPS or to provide support to Tata Steel UK because it is not the statutory employer. The Tata Steel Group refused to issue ongoing funding to Tata Steel UK until the funding challenges around the pension scheme had been addressed.The pension scheme trustees will communicate with the scheme members, 80,000 of which are pensioners, in the next few weeks in order to explain the available options and next steps.Allan Johnston, trustee chairman of the BSPS, said: “The BSPS trustees are pleased that Tata Steel UK has agreed to sponsor the new scheme, subject to qualifying conditions. Although the Pension Protection Fund is an important safeguard for pension schemes generally, the trustees believe that the BSPS has sufficient assets to fund benefits in the new scheme that will be better that PPF compensation for most members, and to do so on a low-risk basis sustainably into the future.“We are satisfied that separation of the BSPS from Tata Steel is necessary to avoid an insolvency of Tata Steel UK. The terms agreed for separation will secure a better outcome for the BSPS and its members than [Tata Steel UK] insolvency. It is the best outcome that could be achieved in the circumstances.“BSPS members are not being asked to make any immediate decisions. For almost all pensioners, the choice will be straightforward. For other members, however, the best choice will depend on their personal circumstances and preferences.”Koushik Chatterjee, group executive director at Tata Steel, added: “The RAA process has been a long and detailed one, and I would like to thank the Pensions Regulator, Pension Protection Fund, the Trustee of the British Steel pension scheme, its members, the unions and employees, indeed, all our stakeholders, including the governments of the UK and Wales, for their constructive engagement through the process.“Considering the continued challenges in the global steel industry as well as the uncertain global politico-economic environment, the RAA presents the best possible structural outcome for the members of the British Steel pension scheme and for the Tata Steel UK business.”Lesley Titcomb, chief executive officer at TPR, said: “We do not agree to these types of arrangements lightly but after several months of robust negotiations in this case, we believe that it is the best possible outcome for everyone involved in what is a very difficult situation.“TPR is willing to work closely and constructively with employers who face real challenges in meeting their pension obligations due to difficult trading conditions. Our focus will always be on protecting members and the PPF. We have worked closely with the scheme trustees and the Pension Protection Fund to maximise the value received by the scheme.“This proposal brings greater certainty for pension scheme members and unlocks the possibility of restructuring the [organisation], which in turn could lead to preserving jobs. We are pleased that the employer has also agreed to sponsor a new scheme which has the potential to deliver higher benefits than PPF levels.”A spokesperson for trade unions Community, GMB, and Unite, added: “We welcome the RAA announcement which includes a commitment that Tata will stand behind a new scheme with reduced annual increases. For over a year our members have feared for their security in retirement, and this announcement helps to bring that uncertainty to an end.“We fought to ensure that our members can choose whether they want to transfer to a new modified scheme, underpinned by Tata, or to remain in the BSPS and therefore receive PPF compensation. Now that this choice is being delivered, the [organisation] and the trustees must step up to provide the necessary information and guidance to enable every member to make an informed decision in their best interests.”last_img read more

Employment tribunal rules against National Gallery in employment status case

first_imgThe Employment Tribunal (ET) has ruled in favour of 27 claimants previously employed by art museum the National Gallery, stating that these individuals should have been classified as workers, rather than self-employed contractors.This difference in status would have enabled the former staff members to access employment rights such as holiday pay, sick pay, a workplace pension and maternity pay, which are currently not available for self-employed individuals.The claimants, who ceased working at the National Gallery in October 2017 after their employment arrangements were ended, did not receive holiday pay, sick pay, a workplace pension or maternity pay for the duration of their tenure, despite having paid taxes through the payroll system as employees.According to Ince Gordon Dadds, the law firm which represented the claimants, the judge stated: “It is unreal to describe the dealings between the parties as transactions in which the gallery stood as the client or customer of any business undertaking carried on by any of the lead claimants. In short, the claimants worked for the gallery as members of its team of educators.”The law firm stated that it believes that this is the first employment status case to have included a public sector organisation rather than a private sector one.Marie van der Zyl, partner at Ince Gordon Dadds, said: “This is an important case for all those who have unconventional working arrangements. The world of work is changing and there will be many individuals who are unsure of their status and rights. This case gives those individuals hope.”Adam Ohringer, specialist employment barrister at Cloisters, added: “We have become accustomed to private employers denying workers their legal rights. This is a wake-up call to the public sector and, I am sure, the first of many cases in which public bodies will be challenged over the misclassification of their staff and the circumvention of employment rights.”Neil Tonks, legislation expert at software and outsourcing services provider MHR, said: “The ruling in the case of the National Gallery and the NG27, as they have become known, is another example of how the evolving workplace and new agile models of working have left many workers seeking clarity about their employment status.“Having paid their taxes through the organisation’s payroll, the judge has ruled that the claimants shouldn’t have been classified as freelancers, but rather workers who should be entitled to benefits, including paid holiday and sick pay.“It will be interesting to see if the rights are backdated, as this could have serious cost implications for the Gallery.”The National Gallery was unavailable for comment at the time of publication.last_img read more

£168 billion paid in group risk claims in 2018

first_imgMore than £1.68 billion was paid out by the group risk industry over 2018, demonstrating a £64.5 million increase on 2017, according to research by industry body Group Risk Development (Grid).The research, based on claims data from Grid’s provider members, also found that 26,505 claims were made in 2018 for group life assurance, group income protection and group critical illness.Group life policies paid £1,117.2 million for 10,027 claims in 2018, which is an increase of £50.2 million since 2017. The average new claim amount for these types of policies is £114,691. In terms of group income protection policies, 15,244 new and existing claims paid out a total of £482.7 million for the year, as at 31 December 2018; this is an increase of £16.2 million per annum compared with 2017. The average new claim amount for group income protection is £26,322 a year.In 2018, £82.4 million was paid out for 1,234 group critical illness claims, which is a decrease of £1.9 million from 2017. The average new claim amount in 2018 was £66,824.Katharine Moxham (pictured), spokesperson at Grid, said: “It’s always great to be able to demonstrate how employer-sponsored group risk protection benefits do what they say on the tin, not just in terms of financial payment, but also by helping people through some really difficult periods of their lives.”More than a third (36%) of all claims submitted, covering 3,551 people, were able to return to work in 2018 because of early intervention measures; 52% of these individuals used the available early interventions to help with mental illness and 17% used this support to overcome musculoskeletal conditions. Of the 5,454 group income protection claims that went into payment during 2017, 2,044 individuals were helped to make a full return to work during that year or 2018.Moxham added: “Despite the uncertainty around Brexit, the health and wellbeing of staff, particularly around mental wellbeing, continues to move up the government’s workplace agenda. Employers looking for help in how to support this will find that group risk protection products can provide a lot of answers as the inherent support services that come with them significantly extend the reach of the help employers can give to their people, especially for mental health.”The main cause of new claims in 2018 related to cancer, which was the reason behind 42% of group life assurance claims, 25% of group income protection claims and 69% of group critical illness claims. A quarter (24%) of group income protection claims were for mental illness, 15% of group life assurance claims related to heart disease and 8% of group critical illness policies were utilised as a result of heart attacks.“It’s important to remember that every number has a person and a story behind it. We meet people’s needs by treating them as individuals and tailoring support to their unique circumstances and, once again, these figures demonstrate the positive difference the group risk industry makes to people’s lives every day,” Moxham concluded.last_img read more

Tow truck stolen from Plantation parking lot

first_imgPLANTATION, FLA. (WSVN) – The owner of a tow truck is reeling, one day after, he said, a thief was caught on camera stealing his vehicle near his Plantation home.According to Tee Lawrence, the footage captures someone driving his truck away from the parking lot behind his house, located near Northwest 39th Avenue and Third Street, Saturday, between 3 a.m. and 4 a.m.Tee LawrenceThe victim said that truck meant everything to him. “It’s a hardship, because I use the truck to work and feed my family,” he said. “I’ve been driving that truck for years. It’s just unbelievable.”The stolen vehicle is a 2005 black Ford F-450 with an Interstate Towing logo on its side.If you have any information on this theft, call Broward County Crime Stoppers at 954-493-TIPS. Remember, you can always remain anonymous, and you may be eligible for a $3,000 reward.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

Toddler suffers severe burns in cooking incident

first_imgMIAMI (WSVN) – A toddler was rushed to the hospital after she was badly burned in a cooking incident, Tuesday night.According to Miami Fire Rescue, the incident occurred at her home, near Southwest 16th Street and 32nd Avenue in Miami.Officials said the family was cooking when the little girl reached for a pot. The pot then fell on the toddler.“A mother and father were cooking in their house when their 14-month-old daughter reached up for a pot that had some boiling water in it,” said Miami Fire Rescue spokesperson Ignatius Carroll.  “Now, once the child reached for the pot it tipped over on to her and caused some severe burns to her little body.”The toddler suffered significant burns and was transported to Ryder Trauma Center.Her condition is unknown.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

Jews celebrate Rosh Hashanah in South Florida

first_imgPLANTATION, FLA. (WSVN) – Jews celebrated the beginning of a new year for Rosh Hashanah.Rosh Hashanah festivities began at sundown and they last for two nights.Services were held Wednesday night at temples across South Florida, including in Plantation.The festivities were filled with traditional prayers along with a temple band, singers and symbolic foods like apples dipped in honey.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

All clear given at MDC Homestead campus following domestic dispute

first_img— Miami Dade College (@MDCollege) December 4, 2018“In this day and age, you have to take these situations seriously,” said MDC director of communications Juan Mendieta. “The response is pretty much standard. Whenever anything like this happens, especially when the victim says the aggressor was armed, we have to take these issues very seriously.”Earlier in the day, students were seen being escorted off the college campus, some with their hands up.“I was just hanging out with my friends and then the bell rung, and there was an alarm that said just to stay put, and after the bell rung, we saw two police officers come in, and they told us to leave the building immediately,” said one student outside the building.“There was panic, there was a couple of kids crying ’cause, you could tell they were very, very scared of what could happen,” said another student.Police said students were never in danger, but as a precaution, they conducted a search of every classroom.The man involved is no longer allowed to return to class. The woman is currently being treated at a hospital. #UPDATE 3: An all clear has been issued. Campus and police are organizing the retrieval of personal items. Further info will be provided at 4:30 p.m. HOMESTEAD, FLA. (WSVN) – A domestic incident at Miami Dade College’s Homestead Campus led to a temporary lockdown and a major concern on campus.College classrooms were cleared out and students were seen being escorted off campus due to the lockdown. The campus was locked down for hours until around 3 p.m. Tuesday.According to campus officials, this began as a domestic dispute between a male and a female student.Reports state that things got physical between the boyfriend and girlfriend, and that’s when the woman reported it to police. As she spoke to police, the man involved fled the scene, Tuesday morning.She later told campus officials that her boyfriend owned a gun. As a precaution, police were called in to search the campus.The campus was placed on lockdown for several hours. The man nor a weapon was not found.center_img Classes are expected to resume at 5:40 p.m.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

Truck driver in fatal Deerfield Beach hitandrun arrested

first_imgDEERFIELD BEACH, FLA. (WSVN) – Authorities have arrested a suspect wanted for a fatal hit-and-run in Deerfield Beach.Broward Sheriff’s Office deputies took 68-year-old Michael David Green into custody on Friday.According to investigators, Green struck a 60-year-old man with his pickup truck along Northeast Eller Street and North Federal Highway, at around 7:20 p.m., on March 8.Green was charged with leaving the scene of a deadly accident and evidence tampering. He is being held on $35,000 bond.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

Gov Walker Names Businesses Selected For Opportunity Alaska

first_imgFacebook0TwitterEmailPrintFriendly分享Governor Bill Walker released the list of businesses that will participate in the proposed China Trade Mission, Opportunity Alaska. The selected businesses include fisheries, tourism, and investment businesses, as well as a baby food maker, an architecture firm, and a university. Golden Harvest Alaska SeafoodIcicle SeafoodsKachemak Bay SeafoodsMatsonMat-Su BoroughMat-Su Economic Development CorporationNana Regional CorporationPT Capital, LLCRIM Architects & Design, LLCSealaska CorporationTrident SeafoodsTrilogy Metals US Inc.Visit Anchorage A2A Railway Development CorporationAlaska Pacific UniversityAlaska Skylar TravelAlyeska Resort & Hotel AlyeskaAnchorage Economic Development CorporationBambino’s Baby FoodBering Straits Native CorporationBorealis BasecampChena Hot Springs Resort and HoldingsCopper River SeafoodsDenali Visions 3000 (49th State Brewing Co.)Explore FairbanksFairbanks Economic Development Corporation Governor Walker, Director of International Trade Shelley James, and Commerce Commissioner Mike Navarre will travel with the businesses selected to participate in the mission. The complete list:  Opportunity Alaska: China Trade Mission is aimed at helping businesses in Alaska build new relationships in China and foster existing ones. Opportunity Alaska: China Trade Mission participants will travel to China May 19 through May 26 to participate in high-level meetings. Businesses will engage with key decision makers to expand Alaska markets, meet potential customers, industry and government officials.  The trade mission will also include networking events with industry and government representatives. Governor Walker, in a press release, “the group, which departs in May, will represent some of the best Alaska has to offer, and highlights the wide scope of our shared interests with our largest trade partner.”last_img read more

DNR Approves Kuparuk River Unit Transfer

first_imgThis purchase makes ConocoPhillips the single working interest owner in the Kuparuk unit. BP’s working interest and operatorship of the Prudhoe Bay Unit remains unchanged, according to a release from the State Department of Natural Resources. Governor Bill Walker: “Alaska’s North Slope is experiencing exploration and development levels not seen for years. We expect with more exploration and development on the horizon, oil and gas job growth will follow. Many of these job placements begin with workforce development acquired through Alaska’s apprenticeship program.” Earlier this year, ConocoPhillips purchased Anadarko Petroleum Corp.’s assets in the Colville River and Greater Mooses Tooth (GMT) units for $400 million. Facebook0TwitterEmailPrintFriendly分享The Division of Oil and Gas approved lease assignments transfering  BP’s stake in the Kuparuk River unit to ConocoPhillips.center_img The lease assignments follow the June agreement between the companies for ConocoPhillips to acquire BP’s 39.2 percent stake in the unit and reflects ConocoPhillips’ expanding presence in Alaska legacy fields. ConocoPhillips reported encouraging results this year from six exploration wells on the western North Slope, and first oil in October from the GMT unit in the National Petroleum Reserve-Alaska. ConocoPhillips currently employs about 1,200 people in Alaska.last_img read more

MPA Cancels AMC

first_imgThe MPA said its decision to pull the plug on the 2009 event, which had been scheduled to take place in October in Boca Raton, Florida, was due to recent feedback it had received from its members.“The cancellation of this year’s AMC is in response to the difficult economic climate facing all businesses, including the magazine industry,” MPA president Nina Link said in a statement.  “We recognize that this year our members are looking at a variety of ways to achieve savings, which would include curtailing certain discretionary travel and hotel expenses.  We hope to resume the AMC next year in the city of Chicago.”The MPA said its other 2009 events—including the National Magazine Awards in May—will go on as planned. The nixing of AMC is the latest recession-related blow to the association. At least three high-profile members—Hachette, American Media Inc. and New York magazine—have withdrawn their membership in recent weeks, each citing the economy.And like its members, the MPA has been forced to make budget cuts and layoffs, too, reducing its operating budgets and staff size by 18 and 20 percent, respectively, late last year. Last fall, AMC took place in San Francisco—a decidedly less glitzy location—and managed to draw about 400 attendees.The MPA is also expected to announce Monday the creation of a one-day, business-oriented event “focused on innovation,” which will take place in New York this fall.  The new event is not a replacement for AMC, the MPA said. Runner’s World editor David Willey, ASME’s president, and Glamour editor Cindi Leive, then-ASME president, at AMC 2007 The American Magazine Conference—the Magazine Publishers of America’s annual, glitzy pow-wow of high-powered magazine editors, executives and occasional celebrities, usually held at a plush resort location—has been cancelled.An official announcement from the MPA is expected Monday. The cancellation was first reported by Mediaweek.last_img read more

Report Media MA Multiples to Rebound in 2011

first_imgAnalytics/optimization services are the most desired acquisitions among financial buyers (77 percent), followed by information/database publishing. Just 46 percent of financial buyers said they’d be interested in b-to-b media, while even fewer (38 percent) will do deals around consumer media. (The feelings may be mutual among traditional media companies after so many publishers have been forced to restructure or sell after failing to meet covenants established in the go-go days of 2003-2008–just 33 percent of content companies said they’re looking for investment funding). EBITDA Valuations On the RiseEBITDA (earnings before interest, depreciation and amortization) valuations will be up in traditional media categories but actually take a step back for two of the hottest categories, online media and information/database publishing, according to the AdMedia survey.Respondents say they consider 6x to be a reasonable multiple to pay for b-to-b and consumer publishers, up from 4x in 2010 but still below the 7-10x multiples the categories demanded in 2005-2008. EBITDA multiples for exhibitions, tradeshows and conferences will be 5x, up from 4x in 2010 (but again, down from the 7-10x of 2005 to 2008).Online media still commands the highest EBITDA valuations at 7.5x according to the survey, but that’s down from 8x in 2010 and 9-10x in 2009 (however, 26 percent of respondents say they think multiples of 9x or greater are reasonable for online media). Meanwhile, respondents say 6x is a reasonable multiple for marketing services, and they’d pay 7x for social marketing. Valuations for information and database publishing were estimated at 6x, down from 7x in 2010 and 8-9x in 2009. Expectations for “Reasonable Multiples” in 2011Business-to-Business Media: 6xConsumer Media: 6xOnline Media: 7.5xExhibitions/Trade Shows: 5xInformation/Data Publishing: 6xCustom Content: 6xMarketing Services: 6xSocial Marketing: 7xSource: AdMedia 2011 Market Survey Senior executives for both content- (traditional media and digital) and services- (marketing services, digital marketing and marketing technology) driven companies expect a significant surge in deals next year, according to the 2011 “Merger and Acquisition Prospects for Media, Marketing Services and Marketing Technology Firms” report from AdMedia Partners. Interest from both strategic and financial buyers is expected to increase, with executives at content companies anticipating activity from strategic buyers to be up 78 percent, while activity from financial buyers will be up 63 percent. Forty percent of respondents say they will seek an acquisition target, while 36 percent are contemplating the sale of their company. While 88 percent of respondents said buyers should act now, just 51 percent advised sellers to do the same, indicating they expect further increases in valuations going forward. The survey says that lines continue to blur between marketing services, media and content and technology, with 48 percent of service firms say they see new competition from content companies, while 40 percent of media companies express a desire to develop or acquire marketing services. Seventy-eight percent of respondents at content companies (strategic buyers) say they are interested in expanding their custom content stable, with 63 percent are looking for products based on user-generated content. More than half of content companies say they’re looking for acquisitions around mobile, blogs and online video. last_img read more

Barnes Noble Updates NOOK for Android OS

first_imgShar says the decision to extend the newsstand service to Android powered tablets was “just based on the feedback we’ve received. So that’s exactly what we did, we said ‘Here’s what we have and it’s a great experience, let’s extend this beyond [what we have] and really drive and enhance the NOOK for Android tablet apps.’”The announcement marks the largest digital newsstand offering for Android tablet customers to date. Android smartphone and tablet customers can download the free NOOK for Android app. The expanded availability for the free app will include the Android Market, V CAST Apps from Verizon Wireless, Samsung Apps, GetJar and AppsLib, with more to come.”With our free, updated NOOK for Android application, we’re delivering customers with Android tablets a great optimized reading experience and access to the largest ever collection of interactive magazines, as well as top newspapers, all optimized for high-resolution displays,” says Jamie Iannone, president of digital products at Barnes & Noble, in a news release. “Using their Android tablets, customers can enjoy our collection of more than two million digital books, as well as their morning paper and latest magazines, delivered right to their device through their NOOK for Android app, for an amazing periodical experience which includes our innovative ArticleView feature.”Some titles now available include ESPN The Magazine, The Economist, Popular Science, Maxim, Rolling Stone, Food & Wine and US Weekly. All of the 140 titles can be sampled with a 14-day free trial, via subscription or purchased in single -issue form, according to the news release.Shar said the company cannot comment on the revenue split between publishers and Barnes & Noble or the data publishers can access from having their products on the NOOK.In late January Barnes & Noble announced that the number of subscription orders plus single copy sales from the newsstand was at 650,000, about three months after the November launch. The group has now passed the 1 million mark. Barnes & Noble is giving publishers another option to distribute digital periodicals, announcing Friday that its 140 newsstand brands will be available to Android-powered tablet devices.The NOOK newsstand will now be available to customers using the Samsung Galaxy Tab, the Motorola XOOM, the LG G-Slate and ARCHOS Internet tablets, among others.NOOK for Android is now available on 7-inch and larger tablets using Android OS 2.1 and higher tablets with 160 DPI or less and those that have a resolution of 800 by 480.”We took the NOOK experience and said ‘Hey, this would be a great experience to extend for the NOOK for Android apps for tablets,’” says Jonathan Shar, vice president and general manager of Barnes & Noble’s digital newsstand.last_img read more

BtoB Content Marketing Spend Is Up Despite Mixed Effectiveness

first_imgIf content is king, then content marketing is a king’s trade. According to new research from the Content Marketing Institute and MarketingProfs, b-to-b marketers, on average, are spending 33 percent of their marketing budgets on content marketing—a 7 percent jump since 2011. About 54 percent say they plan on increasing content marketing spending next year.While more and more b-to-b marketers are turning to content marketing, just 36 percent of respondents say they believe they are effective at content marketing. The data saw a total of 1,416 respondents from North American companies and represented a full rage of industries, functional areas and company sizes. B-to-b marketers continue to rate in-person events as the most effective tactic they use, with 67 percent believing so. About 64 percent of respondents said case studies are an effective marketing tactic, which inched slightly past Webinars and Webcasting at 61 percent.In all, 91 percent of b-to-b respondents use content marketing and, in general, the larger the company the more tactics used. Articles on a website ranks among the most popular content marketing tactic at 83 percent followed by newsletters at 78 percent. Print magazine use, the study finds, stayed the same at 31 percent. Video seems to be the new darling of the content marketing world, with a whopping 70 percent saying they use video, up from 52 percent last year. Research reports as a content marketing tactic also saw a jump—going from 25 percent in 2011 to 44 percent in 2012. Social media is a rising platform b-to-b marketers are using to distribute content—about 87 percent are using networking platforms, up from 74 percent last year. On average, b-to-b marketers us 5 social media sites to distribute content, with LinkedIn being the most popular at 83 percent, followed by Twitter at 80 percent. Pinterest is also being used by more than 25 percent of respondents.Social media is increasingly being used to measure the effectiveness of content marketing, with 45 percent using social sharing as a measurement tool. While social is on the rise, b-to-b marketers are still looking at more traditional benchmarks—about 60 percent of b-to-b marketers still use Web traffic to measure content marketing success, with 51 percent looking toward sales lead quality. Producing enough content is the biggest challenge faced by b-to-b marketers, with 64 percent of respondents saying they face this challenge. While challenges surrounding content marketing do exist, the research provides a profile of a best-in-class b-to-b marketer:last_img read more

Sports Illustrated Announces Summer Swimsuit Soiree

first_img “As we move ahead, we anticipate aligning BSE venues with Time Inc. properties to create unique and original live content for the greater New York City area,” said Yormark in a statement. Other plans to promote SI Swimsuit throughout the summer include a new video series, “Swim Unfiltered,” which looks inside the day-to-day lives of the models; expanded virtual reality content; and official photoshoots broadcast on Snapchat and Facebook Live. ► Breaking: Paul Fichtenbaum steps down from Sports Illustrated after 27 years. Time Inc. says the SI Swimsuit franchise reaches over 70 million fans across digital, print, social, and experiences. The annual issue is by far the most widely-read of the magazine’s weekly print editions, outperforming average circulation by 15.8 percent last year, according to the Alliance for Audited Media, and enjoying its own personal rate base of 3,650,000. Fans looking to mingle with the stars of Sports Illustrated’s swimsuit issue may have just gotten their wish. It’s also apparently just the first project in a new partnership between Time Inc. and Brooklyn Sports & Entertainment, which also operates the soon-to-be-opened Amphitheater at Coney Island Boardwalk, a 5,000-seat open-air amphitheater, as well as the Nassau Veterans Memorial Coliseum on Long Island and Brooklyn’s Paramount Theatre, both of which are due for renovations. Aiming to grow the popular annual issue into a year-round franchise, Sports Illustrated announced today the first-ever SI Swimsuit Summer Music & Fan Festival, a one-day event to be held August 28 at Coney Island in Brooklyn. “Sports Illustrated Swimsuit is globally renowned, and we are just scratching the surface of creating fan experiences which we believe will take the franchise to a whole new level of popularity,” said Rich Battista, president of the Time Inc. Entertainment & Sports Group, in a statement. But it is the first such festival to take place on the opposite end of the calendar, and it comes at a time when publishers are increasingly looking to boost consumer revenue by growing special-topic issues into multi-platform franchises. It’s no longer the “swimsuit issue”; it’s simply “Sports Illustrated Swimsuit.” It’s not Time Inc.’s first attempt at complementing the franchise with in-person, experiential events; February fan festivals to promote the release of the issue have been held in New York, Miami, and Nashville over the last two years. The ticketed festival, produced through a partnership with Brooklyn Sports & Entertainment—the Brett Yormark-led group that operates the Barclays Center, Brooklyn Nets, and New York Islanders—and in conjunction with Live Nation, will feature a musical performance by a yet-undetermined artist, model appearances on the beach and boardwalk, and several other activities. last_img read more

Pentagon Update Industrial Policy Office Head to Assist Shanahan Kyl Turns Down

first_img Dan Cohen AUTHOR Eric Chewning, who has served as deputy assistant secretary of defense for industrial policy since October 2017, has accepted the position of chief of staff to Acting Defense Secretary Patrick Shanahan, the Pentagon announced Tuesday. As the top DOD official responsible for fostering the defense industry, Chewning played a major role in the administration’s review of the health of the defense sector, reported Defense News. … Despite President Trump’s recent pronouncement that Shanahan could lead the Pentagon “for a long time,” the White House has been searching for a permanent replacement for his predecessor Jim Mattis. The effort, however, has not proved fruitful, reports Politico. Former Arizona Sen. Jon Kyl (R) last week became the second person to say he is not interested in the job. Retired Army Gen. Jack Keane previously turned down the job. Kyl temporarily filled the late Sen. John McCain’s seat last year, after serving three terms in the Senate before retiring in 2012.last_img read more

Lollapalooza 2019 Childish Gambino The Strokes Ariana Grande More Added To Lineup

first_img https://twitter.com/lollapalooza/status/1108352518239723521 The festival got a little help from furry friends to tease the announcementJennifer VelezGRAMMYs Mar 20, 2019 – 11:50 am Lollapalooza has announced that Childish Gambino, the Strokes, Ariana Grande, Kacey Musgraves and more have been added to the final 2019 lineup. Other additions include Flume, Death Cab For Cutie and H.E.R. Previously announced artists include J Balvin, Rosalía, Lil Wayne, Janelle Monáe and Lil Baby. The four-day music fest will take place at Grant Park in Chicago on August 1–4. Lollapalooza 2019: Childish Gambino, The Strokes, Ariana Grande, More Added To Lineup Facebook News Twitter “Chicago, we’re coming to see you this summer at @lollapalooza! Grab your tickets and get ready to party,” Balvin tweeted. The festival teamed up with PAWS Chicago, a pet adoption organization, to reveal artist clues a day before the big reveal with a video featuring dogs waiting to be adopted. The day of the announcement, PAWS Chicago said all the dogs in the video have been adopted. Watch the furry friends below. For ticket information, visit the Lollapalooza website. 2019 Music Festival Preview: Noise Pop, Coachella, Ultra & MoreRead more Email Ariana Grande, The Strokes, More Added To Lolla lollapalooza-2019-childish-gambino-strokes-ariana-grande-more-added-lineuplast_img read more

NOW HIRING 10 New Job Openings In Wilmington

first_imgWILMINGTON, MA — Below are some of the newest job openings in Wilmington:Full-Time Driver Opportunity at Red ThreadFull-Time Furniture Installer at Red ThreadFull-Time Warehouse Associate at Red ThreadFull-Time Audio Visual Field Engineer at Red ThreadFull-Time Audiovisual Field Engineer at Red ThreadPart-Time Operations Assistant Manager at Dollar TreePart-Time Nanny For 3 Wilmington ChildrenFull-Time Business Account Executive at ComcastPart-Time Dog Sitter For Wilmington DogFull-Time Technician I (Gnoto) at Charles River Labs(NOTE: Wilmington businesses — Feel free to send me your job postings at wilmingtonapple@gmail.com.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Thank You To Our Sponsor:Share this:TwitterFacebookLike this:Like Loading… RelatedNOW HIRING: 10 New Job Openings In WilmingtonIn “Business”NOW HIRING: 10 New Job Openings In WilmingtonIn “Business”NOW HIRING: 10 New Job Openings In WilmingtonIn “Business”last_img read more

OBITUARY Evelyn C Tomeo 96

first_imgWILMINGTON, MA — Evelyn C. Tomeo, age 96, of Wilmington, passed away surrounded by her loving family on March 8, 2019 at Windsor Place in Wilmington.Evelyn was born on February 17, 1923 in Medford, MA; she was the cherished daughter of the late Alfred R. and Angela (Cuneo) Tomeo. Evelyn was raised in Revere and graduated from Revere High School in 1941.Following graduation, Evelyn worked as a Bookkeeper for Moran Travel Agency for many years. She also worked for Waverly Heating Company.Evelyn was a very caring and compassionate woman and her family was everything to her; she tenderly cared for her parents at home until their passing. Evelyn was an excellent cook who looked forward to preparing countless meals and treats for many family holidays. Evelyn was very talented; often making decorations by hand for many special holidays or events.Evelyn and her sister, Eleanor were like “two peas in a pod” and were inseparable and equally as talented; they often made their own fashionable clothes and jewelry. The sisters spent several hours working on different projects and the finished projects were absolutely beautiful.Evelyn will be fondly remembered as quite a lady; she loved her family and friends with all her heart and they will truly miss her.Evelyn was the dear sister of Eleanor Tomeo of Wilmington, the late Louise M. (Tomeo) Gage and the late Vito A. Tomeo, loving Aunt of Robert Gage and Jeanne Kane both of Wilmington, Diane Scroggins, Thomas Tomeo, Steve Tomeo all of California and the late Richard Gage. Evelyn is also survived by many great and great great nieces and nephews.Family and friends will gather for Visitation at the Nichols Funeral Home, Inc., 187 Middlesex Ave., (Rte. 62), Wilmington on Tuesday, March 12th from 9:00-10:15 a.m. A Mass of Christian Burial will take place in St. Thomas of Villanova Church, 126 Middlesex Ave., Wilmington at 10:30 a.m. Interment to follow in St. Michael’s Cemetery, 500 Canterbury St., Boston, MA 02131.Memorial donations in Evelyn’s name may be made to St. Jude’s Children’s Research Hospital, 262 Danny Thomas Place, Memphis, TN 38105.Evelyn C. Tomeo(NOTE: The above obituary is from Nichols Funeral Home.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedOBITUARY: Janet (Colucci) O’Connor, 86In “Obituaries”OBITUARY: Bertha G. (Gouveia) Deprez, 81In “Obituaries”OBITUARY: Evelyn S. (Arbo) Martini, 88In “Obituaries”last_img read more

SELECTMEN NEWS Town Has NO Plans To Reactivate Contaminated Wells Town Manager

first_imgWILMINGTON, MA — At this week’s Selectmen’s Meeting, Town Manager Jeff Hull assured residents that he, his team of department heads, Special Town Counsel Dan Deutsch, and the town’s environmental consultants GeoInsight are well aware of the feasibility study that Olin submitted to the EPA last month. Hull stressed that there are absolutely no plans to pollute the town’s water systems by reactivating some of the town’s contaminated wells.Hull Sets The Record StraightTown Manager Jeff Hull read a memo he had written into the record in response to concerns raised by Selectman Mike McCoy at the most recent Selectmen’s Meeting.“At the Selectmen’s Meeting on May 15, Selectman McCoy stated he was informed by a concerned citizen that plans were going forward to reactivate the public water supply wells that have been inactive due to contamination from Olin Chemical Superfund Site. It was implied that such a step was definite and imminent,” began Hull. “There is NO impending plan to activate any of the five wells for the purpose of sending that water into the town’s water distribution system.”“In accordance with the Environmental Protection Agency’s requirements, Olin’s consultant — Wood Environmental and Infrastructure – completed a draft interim action feasibility study in April 2019. That document was sent to the town by EPA on May 1, 2019, with a May 22, 2019 deadline for responses, which has since been extended to May 31, 2019,” continued Hull. “GeoInsight, the town’s environmental consultant, has been reviewing the document and finalizing comments to issue to EPA prior to that deadline.”“Olin is required to investigate a range of options addressing the contaminants of concern before EPA can decide on the best option to address contaminants. They require Olin, through their consultant, to explore the range of possibilities. This is a decision that EPA is going to make; this isn’t going to be Olin’s call,” added Hull. “One of the six possibilities explored by the report to address groundwater is using the town’s existing water infrastructure to draw groundwater from two inactive town wells. This possibility includes the possibility of upgrading the town’s treatment capabilities of the water treatment plan to address NDMA and other contaminants of concern to meet the drinking water standards. The details of this option specifically note – quoting from the report – ‘that the alternative is viable only if it achieves public acceptance and the town elects to reactivate the former wells. If the town wells are not reactivated, this alternative would not be amendable and would need to be reevaluated’. If the town does not buy into this, this does not become an option.”“It is important to understand that Olin is required to explore a range of possibilities or options to address contaminants. The fact that this option is being explored in no way means that Wilmington will be forced to reactivate these wells,” concluded the Hull. “The town, through its consultants, will offer comments on the report, and EPA will evaluate the viability of each of these options being presented.”Hull Sharply Rebukes McCoy’s Comments & Behavior“Simply put, everything the Town Manager is stating is pretty much – with a different choice of words – what I said at the last Selectmen’s Meeting,” responded Selectman McCoy. “Respectfully, when I did bring this up [at the last meeting], the Town Manager basically had no clue that this was even happening and had no idea of May 22 at the cutoff date. The reason I brought that up is because Suzanne Sullivan mentioned it to me. If I didn’t bring this up, our next meeting would have been on May 28, well after the 22nd, [and there would have been] no written response [from the town to the EPA].”“Let me respond to that. I take great exception!,” began Town Manager Jeff Hull. “First of all, this ‘gotcha mentality’ is not the way the Board of Selectmen should work… I have had a longstanding expectation that the Board of Selectmen inform me of issues you want to bring up at the meetings. Not this gotcha mentality. And I do the same thing with the Board of Selectmen so nothing is thrown into your laps without any warning.”“There are a number of reports that have been sent to our office over the last 10-15 years. Each time those reports come in, they’re sent out to our consultant, reviewed, and appropriately commented on. The same thing was going to happen in this case,” continued Hull. “If I had given every member of the Board of Selectmen a copy of the documents, you’d have a roomful of binders and reports on this project.”“To suggest I was asleep at the switch on this is simply not the case and I find it insulting. We were working on this, the comments were going to be made, I’m not sure why the extension was granted. I certainly didn’t request the extension. We will comment on the document and we will move forward,” added Hull.“To suggest that we – the town of Wilmington – or I am going to allow Olin to open the wells and run water from wells that have been shut off for 15 years is just absolutely incredible,” continued Hull. “EPA and DEP would have to go through a series of tests of that water to be satisfied it met public water drinking standards. You just can’t open these wells and send water into the public distribution system. That just doesn’t happen.”“To get people all cranked up to think we’re that devious as to put polluted water into their drinking water system, I think is beyond comprehension,” Hull concluded.“I was being very kind on how I was presenting this to you,” responded McCoy, who noted Hull appeared to be unaware of the May 22 deadline as the last meeting. “I don’t have a ‘gotcha mentality.’ The only reason I brought that up because I have faith in Suzanne Sullivan and I think she knows more about what’s on out there than most people. And I think everything I said was pretty much accurate. I’m not trying to confrontational with you.”“The cutoff time was May 22. I’d love to find out why did they extend it? I have no idea why. I’m being kind and sincere. You have to understand you said you had no idea of the cutoff time,” added McCoy.“I said, specifically, that I recalled the document coming in, but I couldn’t recall the specific details of it because you referenced it as a draft document of some sort. But did I recall the document coming in? Absolutely.” responded Hull. “But on any given Selectmen’s night, if members of the board want to throw something out there that I haven’t been able to prepare for, yes, you can make me look pretty bad,” added Hull. “There’s a lot going on in this town, including Olin, collective bargaining, budgets, you name it. If you’re expecting me on any given night to have all the details about everything going on in this community, I’m sorry, but I can’t do that without being prepared. So I ask board members to give me a courtesy, to give me a heads up, when you’re going to lob something like that at a meeting, so I can be prepared.”“Jeff, I have a faith in you, after all, I did vote for your reappointment,” McCoy later said. “All I’m saying is this is perhaps the biggest issue — a town-wide issue — one of the most important things to hit the town of Wilmington… I’m not trying to be confrontational. I brought that up only because of the dates on the meeting and if you said you knew the cutoff time on May 22, it would have been done and over.  You seemed a little puzzled by it. That was my concern. I don’t expect you to know everything, but this is one of the most important issues.”“Anybody can be surprised on any given day if they aren’t given an opportunity to be prepared, you know?,” responded Hull.“I agree with that,” said McCoy.Other Selectmen React“I think the two biggest takeaways for the [residents] is (1) the town has no plans to reactivate those wells and (2) we are all very confident of the Special Town Counsel we’ve retained to pay very close attention to only this issue are doing a great job and the tax dollars are being well spent when it comes to their services,” said Selectmen Chair Greg Bendel.In response to questions from Selectmen Bendel and Kevin Caira, Town Manager Hull reiterated that the town’s environmental consultant, GeoInsight, was sent the document on May 2, the day after the town received it. Hull also repeated that the document was shared with Special Town Counsel Dan Deutsch, who represents the town on matters related to Olin.“GeoInsights are the technical experts who have the scientific knowledge and expertise. They have been [working] for the town since 2003. I think they’re doing a really good job in understanding something that is enormously complex. They’re the consultants that we’ve hired to handle these types of things because the five of us elected officials and the Town Manager aren’t professional trained by environmental engineers. The comments we could submit to the EPA aren’t going to be very helpful,” reminded Selectman Jonathan Eaton. “They’ve been doing a good job. There’s no reason to accuse them of doing anything but that.”Selectman McCoy agreed GeoInsights have been doing “a great job.”“We have consultants in place to digest this information and bring whatever needs to be brought to our attention to our attention,” said Selectwoman Jomarie O’Mahony as she held the 138-page document. “I think that process has been working. That’s the process we should be relying on.”“I would suggest that when we’re having the EPA in to report back to us, and having our consultants report back to us, that the three community groups — Wilmington-Woburn Collaborative, Woburn Neighborhood Association, and Wilmington Environmental Restoration Committee — come too and we all have a meaningful discussion, not have it be that someone is yelling ‘fire’ and we’re then using all our resources to respond to a fire that hasn’t been lit yet,” added O’Mahony. Hull noted later in the meeting that the EPA Project Manager Jim DiLorenzo will actually be in front of the Board of Selectmen for an update at its next meeting on Tuesday, May 28, 2019 to discuss the latest Olin developments. Hull pointed out that he had invited DiLorenzo to the meeting well before Selectman McCoy brought up his concerns at the board’s Wednesday, May 15, 2019 meeting and that DiLorenzo would verify that if asked.Hull Makes Additional Comments To The AppleTown Manager Hull responded to a request for comment from Wilmington Apple on the accuracy of Selectman McCoy’s statements regarding the possible reactivation of contaminated wells. Hull provided his comments after Wilmington Apple had reported on the May 15 meeting, but prior to the Selectmen Meeting on May 21.“The statement at the Selectmen’s May 15 meeting that part of the Olin plan is to reactivate 2 water supply wells and distribute that water into the Town’s public water supply system is incomplete and not accurate,” began Hull. “It is extremely unfortunate that this idea would be communicated in a public forum without first giving Town officials an opportunity to provide details and context.”Hull’s response then covered much of the same content he discussed at the May 21 meeting, described in the article above.“Efforts to address the Olin Superfund site should not be driven by fear-mongering and incomplete and misleading information. There will be an opportunity for reasoned and intelligent discussion about the best ways to clean up the Olin site,” concluded Hull. “The Town will continue to work with its consultant to be attentive to the options presented for remediation and to protect the residents of Wilmington in spite of the fact that a few residents will continue to suggest otherwise.”Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com. Share this:TwitterFacebookLike this:Like Loading… RelatedSELECTMEN NEWS: McCoy Sounds Alarm That Olin Has Suggested That Town Reactivate Contaminated WellsIn “Government”SELECTMEN NEWS: Town To Decide This Fall Whether To Run Water Line To Residents With Contaminated WellsIn “Government”SELECTMEN NEWS: Sullivan Thanks McCoy For Sounding Alarm On Olin; Asks Board To Run Water Line To Cook Ave.In “Government”last_img read more