Category: fbrvuaii

Panelists debate corporate taxation

first_imgThree Notre Dame professors debated the limits of corporations’ responsibility to pay taxes Wednesday night in the Jordan Auditorium of the Mendoza College of Business in a panel discussion titled, “Greed and Taxes in Business,” the third part of the Berges Lecture Series on Ethics. Professor Joseph Holt, Professor Brian Levey, and Professor Kenneth Milani, all faculty of the Mendoza College of Business, examined the issue from different perspectives.  Levey, a business law professor, spoke first from a largely legal perspective and argued that corporations should pay as little taxes as they can. “It is the duty of a director of a corporation to promote value of the corporation and, to do so, pay as low taxes required,” Levey said. “If I were still in practice, I would still not advise my client to pay more in taxes than they are legally required.”  Deficits are the fault of the government, Levey said, citing that the 2011 tax code was 72,530 pages and that America’s inordinately high tax rate is 35 percent compared to the world average of 14 percent. Milani called upon his experience as an accountant to describe the tax situation for businesses.  “Taxes are [the] third or fourth largest expenditure of business after wages, salaries, materials and advertising,” Milani said. “But here’s the rest of the story … they are telling you half-truths … It is true that the corporate tax rate is 35 percent but no country hands out credits like we do … The key is effective tax rate, which is 12 percent. “And it makes my blood boil when [people representing corporations] go on talk radio and throw that number a lot.” Holt addressed corporations’ taxes from a moral standpoint.  “Look to the principle maximum … Society runs off of business and business runs off of society and business cannot succeed where society is failing,” he said. “… There is a difference from not being in trouble and being exemplary.” The next lecture in the series will take place Sept. 30. The topic of the next lecture will be “Long Term Principles in a Short Term World,” given by John Donovan, senior executive vice president of AT&T Technology and Network Operations.last_img read more

BB gun safety

first_imgBy Sharon DowdyUniversity of GeorgiaIn the movie “A Christmas Story,” Ralphie Parker wants only one thing for Christmas: a Red Ryder BB gun. He gets it, too. If your child is as determined as Ralphie, make sure he’s armed with the proper safety training, says a Georgia 4-H target sports safety expert.“As parents, we would never send our kids out to play in a little league football game without the proper protective equipment,” said Mark Zeigler, the Georgia 4-H Shooting Awareness, Fun and Education program coordinator. “Target sports also require the proper protective gear, and the most important part of that gear is sound safety education.”Training thousands The SAFE program’s certified coaches, who are trained in shooting education and youth development, teach more than 3,500 students in the program across the state.Although he didn’t have a BB gun has a child, Zeigler doesn’t discourage parents from buying one for their child. “It can be an appropriate Christmas gift when used under the supervision of an adult and if the child is taught basic firearm safety,” he said. “It’s paramount that children are properly educated first. I just can’t stress that enough.”Improves concentrationIn the area of target sports, Georgia 4-H aims to “help young people interested in shooting sports learn to safely and responsibly enjoy the sport,” Zeigler said. “We promote the highest standards of safety, sportsmanship and ethical behavior.”The SAFE program helps teach safety, but Zeigler says the most important thing students learn has nothing to do with sports.“Studies have shown that participating in shooting sports helps kids improve their concentration levels and their grades,” he said. “And it’s the lowest-injury-rate sport. In 4-H, we teach firearms safety mirrored with youth development standards and principles.” 4-H’ers use Daisy 499 modelIn the 1983 movie, Ralphie wants “an official Red Ryder, carbine action, 200-shot, Range Model air rifle with a compass on the stock and this thing which tells time.” In the real world, Georgia 4-H’ers are taught to shoot the Daisy 499 model. It can’t be bought in stores and is specifically designed for shooters who compete in international BB championship matches.Zeigler doesn’t allow his four-year-old son to have toy guns. “We have the Real McCoy at our house. I don’t want to confuse him,” he said. “When he’s old enough, he’ll probably have a competition-based BB gun.”He also personally doesn’t support paintball or laser tag. “With these activities, you’re being taught to point something that resembles a firearm at someone else,” he said. “I just can’t support that.”National title holdersLike most 4-H activities, target sports offer students a chance to compete on the regional, state and national levels. “Although competition isn’t the goal of the program, when used correctly, competition can help young people develop life skills and positive habits they can carry through life,” Zeigler said.Georgia 4-H teams currently hold the national titles in archery and National Rifle Association Junior Air Rifle. Georgia 4-H’ers have also used the skills they learned in the SAFE Program to participate in the Summer Olympics, serve in the Army Marksmanship Program and win college scholarships, he said.The Georgia 4-H SAFE program is open to fifth- through eighth-grade students for BB and through high school for other shooting sports like archery.Training essentialIn addition to Georgia 4-H, safety training is available through Boy Scouts, Ducks Unlimited, NRA, Department of Natural Resources and National Wild Turkey Federation, Zeigler said.For more information on the SAFE program, contact your local University of Georgia Cooperative Extension office at 1-800-ASK-UGA1.last_img read more

From bears to bikes, Terry Bicycles’ CEO Liz Robert rides to market

first_imgTerry Bicycles’ CEO, Liz Robert (formerly CEO of The Vermont Teddy Bear Company) is trading in her business suit for bike shorts and turning into a new kind of traveling sales rep. Robert is loading her backpack with samples and sales catalogs and riding from bike shop to bike shop in metro locations around the country to meet shop owners and managers and learn about their business, and to introduce them to the Terry line of cycling gear. All the while, she is testing Google’s beta Bike Maps and the developing bike infrastructure of our cities and towns. Robert (pronounced ro-BEAR) recently pedaled through San Diego and neighboring coastal towns, and along the Rail Trail of Westchester County, NY. Her next bike tour is set for the Greater Boston area on Thursday, August 11 and Friday, August 12. She plans to ride from Natick to Cambridge and then along the Northshore from Marblehead to Manchester visiting independent bicycle dealers. ‘My goal is to get out and really learn this market,’ says Robert. ‘After years at Vermont Teddy Bear capitalizing on mass marketing mediums such as radio, print, TV and catalog, I recognize that grass roots marketing is the marketing method of our time. Whether selling direct to consumers or to other retailers, you’ve got to get in there and talk to the people buying. When the owner of the Company shows up on her bicycle, the shop owners take me seriously. They give me the straight scoop about the challenges and opportunities in this market.’ During her 11 years as CEO of Vermont Teddy Bear (VTB), Robert developed the small Vermont based business into a nationally recognized brand. Sales grew from $16 million to nearly $75 million in sales in 2008 as she added PajamaGram and Calyx Flowers to the Company’s portfolio of personalized gift products. After leaving VTB in 2008, Robert acquired Terry Bicycles and moved it from Rochester, NY to Burlington, Vermont in 2009. Terry Bicycles is the Original Women’s Bicycling Company, founded in 1985 by Georgena Terry who pioneered women’s specific bike design with geometry proportioned to a woman’s anatomy. Georgena further revolutionized the cycling industry with the Terry saddle, the original bicycle seat with a cutaway, dramatically improving comfort for women first, then for all riders. Today, Terry is the one-stop-shop for all of a female cyclist needs and the only brand dedicated solely to women’s cycling. The Terry apparel line includes a full selection of bright, colorful prints and patterns that complement the high-performance fabrics and precise fit of all Terry jerseys and cycling bottoms. From serious gear to recreational pieces, Terry positions itself as a brand for enthusiasts, where technical performance and feminine style ride in tandem. Terry distributes its cycling products nationally via catalog and web, and through a channel of retailers including REI and independent bicycle dealers. BURLINGTON: VT (August 4, 2011) Terry Bicycles can be found online at www.TerryBicycles.com(link is external).last_img read more

Jones Lang LaSalle top brass is back in big bucks

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Indonesia should host Special Olympics World Summer Games: Minister

first_imgJuliari said his ministry would provide all athletes the same opportunity to showcase their talents at all levels.Speaking at the same event, Central Java Governor Ganjar Pranowo, who spoke as a member of Special Olympics Indonesia’s advisory council, recalled how proud he was when he represented the Indonesian government in handing over trophies to winning athletes during last year’s Summer Games.“There was no other way to describe my feelings back then, other than being proud,” he said.He said all the training and sporting events that had been tailored for these athletes gave them the opportunity to express themselves within the realm of sport. Topics : The Summer Games, last organized in Abu Dhabi in 2019, is the ultimate arena for athletes around the world. Indonesia sent 75 athletes with disabilities last year and secured 11 gold medals, six silvers and seven bronzes. The next Summer Games will be organized by Berlin in 2023.Due to the COVID-19 pandemic, all athletes must train at their respective houses and follow their coaches’ instructions online.center_img Social Affairs Minister Juliari Batubara has said he supports the idea of launching a bid for Indonesia to host the Special Olympics World Summer Games, arguing that a sign of a developed country could be measured through its experience in hosting major sporting events.“The government will support this idea. We need to go all out in order to make this dream come true,” Juliari, former Indonesian Democratic Party of Struggle (PDI-P) treasurer, said during the virtual ceremony of Special Olympics Indonesia’s 31th anniversary, held on Sunday.Special Olympics Indonesia, which is affiliated with the Washington-based Special Olympics, is now led by Warsito Ellwein. It aims to promote sport among those with intellectual disabilities so they can live healthier and happier lives.last_img read more

Governor Wolf Honors Dr. Gennaro R. Piraino, Jr. as 2019 Superintendent of the Year

first_img January 17, 2019 Education,  Press Release,  Schools That Teach Latrobe, PA – Governor Tom Wolf joined Secretary of Education Pedro A. Rivera and educational leaders from across the commonwealth today to recognize Dr. Gennaro R. Piraino, Jr., Superintendent of the Franklin Regional School District, as the 2019 Pennsylvania Superintendent of the Year.“Dr. Piraino is always striving to help children learn and is raising student achievement in the Franklin Regional School District,” said Governor Wolf, during a ceremony at Saint Vincent College in Westmoreland County. “We must prepare our students with the skills and education to get good jobs in emerging industries here in Pennsylvania and that’s what Dr. Piraino is doing. I look forward to working with him, and all superintendents, to ensure every student has an opportunity to thrive in the commonwealth.”Dr. Piraino has been superintendent of the Franklin Regional School District since 2013. During that time, the district has significantly increased in the number of students earning qualifying scores on Advanced Placement exams and emphasized preparing students for college or to start a successful career.Last year Governor Wolf appointed Dr. Piraino to the new Pennsylvania School Safety and Security Committee which is developing recommendations for schools and will help award $60 million in safety grants.The Pennsylvania Superintendent of the Year is selected by the Pennsylvania Association of School Administrators. The award inspires educational leadership and promotes pride in public schools. Governor Wolf Honors Dr. Gennaro R. Piraino, Jr. as 2019 Superintendent of the Yearcenter_img SHARE Email Facebook Twitterlast_img read more

Netherlands sizes up power conversion

first_imgINTRO: Everybody agrees that 25 kV AC is essential on three primary international routes; phased conversion between 2005 and 2017 is the best option for the rest of the trunk network, but who will pay?BYLINE: Robin HemelrijkSenior Project LeaderRailned InnovatieTHE DUTCH national network is 2739route-km of which 1991 km is electrified at 1·5 kV DC. Though small, it is the most intensively used in Europe; while this yields many benefits, there is another side to the coin.There has for years been a shortage of traction power at the catenary, and this became acute when passenger traffic expanded dramatically in the 1980s. At the present time it is necessary for some trains to run at half power simply because the traction power supply (TEV) is not adequate.The maximum current that can be drawn from one section of the catenary over one track is 4kA. Each section is about 4 to 7 km long, and may have up to two trains drawing power at the same time. Although sections are shortened according to traffic density, it is obvious that the current capacity at 1·5 kV is inadequate.In theory, 4kA at 1·5 kV provides 6MW of power, but because there are too many trains attempting to draw current the voltage drops, so the power actually available typically fluctuates between 4 and 5MW. In contrast, power demanded can rise to as much as 9MW. Clearly, the existing TEV has not kept up with the timetable. Sometimes trains cannot depart because the voltage is too low when another heavy train starts at the same time.Studies of a new train control system with in-cab signalling and moving block assume that the interval between trains can be reduced, raising line capacity. This is obviously impossible when the catenary voltage already falls to 1050V because there are not enough substations. Earlier this year the government approved the construction of an additional 60 substations; these are being built simply to maintain the minimum voltage.The existing operators, NS Reizigers (Passengers) and NS Cargo (and maybe other operators under our open access regime), want to run more trains which are heavier and accelerate faster to higher speeds. It is just these characteristics that determine the demand for electrical power. We can only conclude that the power problem will get worse. Strategic studyIn 1995, the government commissioned Railned (panel, p520) to undertake a strategic study to which the power shortage and possible solutions were central.Railned convinced the government that the existing TEV was no longer adequate, and pointed out that one solution was high voltage AC, specifically 25 kV at 50Hz. In collaboration with NS Railinfrabeheer, Railned also studied five possible solutions. An extensive report was presented in March 1996.The alternatives were based on either 1·5 kV or 25 kV, or a mix of both systems. When determining the best strategy, cost was not the only consideration. The selection was based on a wide multi-criteria assessment including cost benefits, strategic aspects, financing options, price/performance ratios and other factors.A great deal of attention was paid to quantifying the benefits of the final choice. Through the new TEV, rail travel would become more attractive as a product and there would be opportunities for an improved timetable, so even better utilisation of the infrastructure would be possible. All of these benefits were calculated on the basis of reductions in journey time.Unsurprisingly, the study confirmed that complete conversion of the network to 25 kV produces the best TEV available. However, universal or even large scale conversion does not appear to be achievable in the short or medium term. Finance constitutes the greatest stumbling block.So Railned’s advice in March 1996 was, for the time being, only to use the 25 kV system where it was most needed. This is on the three primary international routes: the proposed high-speed line from Amsterdam to Brussels and Paris, the upgraded existing line from Amsterdam and Utrecht to Emmerich (right) and Klast_img read more

Church investors to take hardline stance on executive pay, climate change

first_imgUK church investors have tightened their voting policy on key corporate governance issues ahead of the annual general meetings (AGMs) of some of the country’s largest listed companies.The Church Investors Group (CIG) – which represents church organisations with combined investment assets of around £21bn (€24.5bn) – wrote to FTSE 350 companies earlier this month warning that it would take a tougher voting line where it deems reform on major issues to be too slow.The group Church Commissioners for England and the Church of England Pensions Board, which have regularly led shareholder campaigns for reforms at major listed companies, alongside other main investing bodies of the Church of England and the Methodist Church.CIG members using the group’s common voting template will continue to hold directors to account, and refuse to re-elect directors where the company is out of line with best practice. Last year, the CIG template led participating members to withhold support from over 60% of FTSE 350 remuneration reports. The Church Investors Group has joined the Investment Association in scrutinising executive pension paymentsHowever, the group said it continued to have concerns about CEOs receiving pension payments more generous than those made to other staff, and – as last year – would not support remuneration reports where the CEO receives a pension payment of more than 30% of salary.The UK’s asset management trade body, the Investment Association, last month issued a similar pledge to focus on executive pension arrangements.The CIG said it would also vote against remuneration reports of FTSE 350 companies that did not disclose the pay ratio between the CEO and average employees.Overall, the CIG said it expected boards of companies that have experienced a vote of 20% or more against management to show a commitment to shareholder engagement and rectify areas of high concern.Stephen Beer, CIO at the Central Finance Board of the Methodist Church and vice-chair of the CIG, said: “Despite the claims of some companies to be listening, we still see excessive executive pay schemes, many of them supported by investors. Ultimately, a business is shooting itself in the foot if it does not get this right.”Climate change and other issuesThe church investors said they would vote against chairs of companies rated level 0 or 1 by the Transition Pathway Initiative (TPI), a tool used to assess companies’ management of their carbon emissions.The CIG also planned to vote against chairs of energy companies that did not have emissions reduction plans consistent at least with the UK’s national carbon reduction plan, introduced under the Paris Agreement.For the first time, corporate tax transparency featured in the CIG voting template: the investor group pledged to vote against the chairs of FTSE 350 and Russell 50 companies with a score of zero for tax transparency according to FTSE’s ESG ratings.Voting on gender diversity within company boards has also been toughened. The CIG will encourage early adoption of the revised UK Governance Code, which now requires remuneration committees to take into account workforce remuneration and related policies when setting director remuneration.CIG policy allows for votes against a whole remuneration committee where three or more of its principles are breached.Executive paylast_img read more

Biergarten ribbon cutting announced in Batesville

first_imgBatesville, In. — The Biergarten at the historic Sherman, formerly the Sherman House will officially open Friday, September 8. The Biergarten opens at 3 p.m., ribbon cutting at 4:30 p.m. Entertainment provided by Derek Foster from 6 to 9 p.m.“Everyone is invited to attend this event, help us celebrate this important milestone in The Sherman renovations over the past 18 months and stay on for live music, German sausage, pretzel and other food and beverages,” invited Peyton Hughes.The Biergarten is fashioned to resemble Biergartens found in Germany and also to be a place for friends and family including children to spend quality time together.HPH Hospitality LLC has completed extensive renovations during the last two years in order to extend the German Character throughout the building and reestablish the Sherman as a central facility of commerce, travel and social life.There’s more information online and a constantly updated entertainment schedule here  or take a look at their Facebook page here.last_img read more

Cricket News Ben Stokes, World Cup And Ashes Hero, Gets THIS Special Award After End Of England’s International Summer

first_imgNew Delhi: England’s 2019 international summer was glorious in many ways. They finally ended 44 years of pain when they won the ICC Cricket World Cup for the first time in a thrilling final against New Zealand. In the Ashes, they bounced back twice against Australia and they drew the series at home 2-2, the first drawn Ashes series after 47 years. There has been one common factor in England’s wonderful summer of achievements and that was the exploits of Ben Stokes. Following his achievements, the left-hander has been voted as the Players’ Player of the Year at the Professional Cricketers’ Association awards. Speaking after receiving the award, Stokes highlighted the magnitude of the achievement. “It’s hard to put it into words. I am over the moon that players think I am worthy of winning the PCA Players’ Player of the Year through performances this summer. You can take a lot of personal pride when you receive this award because it’s your peers that vote for you. Earning this award is a huge moment. While this is an individual award, it is within a team sport so I am only in this position because of what other guys in our squad have achieved as well. What we have done as a team in 2019 is phenomenal, to win the World Cup and draw the Ashes has been a fantastic summer and something I am proud of personally and as a team,” Stokes said. Also Read | Ben Stokes – The Man Who Defined England’s Historic Summer Of 2019England reached the final of the ICC Cricket World Cup for the fourth time and they squared off against New Zealand. In a pulsating final, Stokes held the key against the country of his birth and he blasted 84. In the final over, he smashed a six off Trent Boult and a freak overthrow resulted in six runs and the match was tied. Heading into the super over, Stokes was once again the key as England hit 15 runs. Also Read | ‘Lowest Form Of Journalism’: Ben Stokes Blasts The Sun Over ‘Secret Family Tragedy’ ReportStokes offered Jofra Archer, the bowler who bowled the super over some advice and although New Zealand tied the super over, England were declared the World Cup winners due to a superior boundary count. In the Ashes, England looked set to lose the Ashes for the first time in 18 years. In the Leeds Test, England looked down and out in their chase of 362 with only one wicket remaining.However, Stokes, along with last man Jack Leach helped England get over the line in one of the most dramatic Test matches. Stokes blasted 135 and shared a partnership of 76 with Jack Leach as England achieved their highest Test run chase and won the match by one wicket to level the series. However, Australia won the fourth Test and retained the Ashes for the first time in 18 years but England squared the match with a win at The Oval Test.Stokes’ exploits in the summer have changed the landscape of England cricket and it has ensured his name remains etched in the glorious annals of World Cup match-winners.  For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps.last_img read more