Why I’d buy this FTSE 100 growth and income stock for my ISA today

first_img Image source: Getty Images Our 6 ‘Best Buys Now’ Shares Why I’d buy this FTSE 100 growth and income stock for my ISA today Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Long-term growth stocks can seem forever overvalued. But when they go through an almost inevitable slow spell, it can be a good time to get in.FTSE 250 firm Renishaw (LSE: RSW), which specialises in precision measuring equipment, is in such a slow spell now. The shares soared to around £58 in January 2019, then reached a similar level again six months later.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…But then the rot set in, and despite a positive start to 2020, Renishaw shares are still more than 25% down on their previous peak. There are signs of at least some share price stabilisation, which suggests we might be seeing a buying opportunity.But the problem is, earnings are falling as demand for the firm’s products has been slipping. Earnings per share fell 30% in the 2018–19 year, and there’s a similar drop expected for 2019–20.First halfFirst-half figures Thursday emphasised the fall in demand from Asia Pacific countries, with revenue down 20%. But revenue slipped worldwide too, down 14% overall to £259.4m at constant exchange rates.The bottom line shows a big dip in adjusted pre-tax profit, to £14.3m from £59.6m at the same stage in 2018. Adjusted EPS also fell, from 69.3p to 15.1p. But the interim dividend was maintained at 14p per share, with cash of £71.3m on the books.I see Renishaw as a leader in its field, making high-quality products with strong margins. It wins on cash flow for me too, and I do think the current downturn is transitory.But right now, on a forward price-to-earnings ratio of over 50 and with earnings that I think might come in well below forecasts, it’s too rich. I think there could be significantly better, and safer, buying opportunities in the future.Growth returnAfter a couple of years of falls, analysts are expecting earnings at 3i Group (LSE: III) to return to growth. That’s not until 2021, mind, and they have the year to March 2020 flat.Dividends have held up and look set to yield around 3.5%, covered more than three times by earnings. We’re looking at a P/E of under nine, and dropping. So why is the FTSE 100 growth prospect so apparently undervalued?Well, 3i is a private equity and venture capital firm, and P/E is not as meaningful a measure for such an operator. It’s perhaps more helpful to look at net asset value, which stood at 877p per share at 30 September. That’s despite a hit from the strengthening of sterling, making the company look more attractive to me.AttractiveWith the shares trading at 1,110p, it indicates a price to book value of 1.27, which I don’t see as stretching.During the third quarter, 3i’s private equity arm generated cash proceeds of £189m through several divestments. It also “signed the disposal of Aspen Pumps at an overall money multiple of 4.1x and a 34% IRR.“The company also spoke of “the highly accretive sale of Wireless Infrastructure Group out of 3i Infrastructure plc and further rail investment in North America.”3i is, admittedly, a trickier company than many to value. And profits could be more erratic due to the long-term timing of investments and disposals. But I’m seeing a significant long-term growth opportunity, and a cash cow on the dividend front. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.center_img Enter Your Email Address Alan Oscroft | Thursday, 30th January, 2020 | More on: III RSW I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has recommended Renishaw. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Alan Oscroftlast_img read more

Hurricane evacuation of nursing home residents still an unsolved challenge

first_img Support conservation and fish with NEW Florida specialty license plate Please enter your name here Share on Facebook Tweet on Twitter The Anatomy of Fear Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Please enter your comment! Save my name, email, and website in this browser for the next time I comment. TAGSHurricane DorianHurricane Season 2019The Conversation Previous articleHow to talk to your kids about natural disastersNext articleDorian pummels Bahamas; hurricane winds could arrive at Florida coast tonight Denise Connell RELATED ARTICLESMORE FROM AUTHOR By Lindsay J. Peterson, University of South Florida and Kathryn Hyer, University of South FloridaHurricane Dorian is bearing down on Florida, and Floridians young and old are preparing for the worst. And, others could follow Dorian, as the historical peak of the Atlantic season is approaching. While these storms can be terrifying, when a bad one is on the way, people usually have time to prepare. One key decision is choosing whether to flee to a safe location or ride out the storm in our homes.For frail, older people these often are life-and-death decisions. On Aug. 26, three nurses and a nursing home administrator were criminally charged in the heat-related deaths of 12 people in a Hollywood Hills, Florida, nursing home after Hurricane Irma in 2017. The facility did not evacuate for the storm and lost air conditioning power.We’re studying long-term care administrators’ decisions to evacuate or shelter in place for Hurricane Irma, which threatened the entire state of Florida, and Hurricane Harvey, which dumped flooding rain on parts of Texas less than a month earlier. The obvious choice may be to evacuate. But in our research we’re learning these decisions are not so clear-cut.These decisions are hard because both choices – evacuating or sheltering in place – present risks. To keep older adults safe in future disasters, we need to know more about how long-term care facilities prepare for hurricanes, how administrators decide whether to evacuate or shelter in place, and how their residents fare as a result of these decisions.Dangers of evacuatingEvacuating older people such as this man can be a challenge. Elders often don’t fare well when transferred because of the stress of a move.belushi/Shutterstock.comOur work is an extension of federally funded research into nursing home evacuations after the hurricanes that struck the Gulf Coast between 2005 and 2008 – Katrina, Rita, Gustav and Ike. These studies, led by members of our research team, used Medicare data to find out what happened to nursing home residents in the weeks after the hurricanes. The researchers found that the rates of death and hospitalization rose for residents who experienced the hurricanes – with higher tolls among those who were subject to evacuation.Interviews with some of the administrators who’d evacuated their nursing homes helped explain this.They described the strain on the frail residents of being jostled onto buses and riding for hours to their destinations. In some cases, the destination sites were full or unfit, and they had to find other places to go. Even after they reached safe locations, residents endured disruptions in their sleeping, eating and treatment schedules.To be sure, sheltering in place also posed great risks. After Katrina hit New Orleans in 2005, more than 50 people died in two nursing homes that did not evacuate, tragedies that commanded headlines.But overall, our team’s research found evacuation posed a greater risk – one that the general public didn’t see because the deaths and hospitalizations came a while after the hurricanes had passed.Studying responses to Hurricane IrmaWhile disaster planning had improved in the 10 years before Irma, the ferociousness of that storm caused major problems, including power losses.FotoKina/Shutterstock.comWhen Hurricane Irma took aim at Florida about this time two years ago, those who cared for frail older adults had to start making decisions. State officials warned of potentially catastrophic damage.Disaster planning had improved since the hurricanes a decade earlier. State and federal nursing home regulators had issued new, more comprehensive rules, and the nursing home groups, such as the Florida Health Care Association, had revamped their disaster preparedness programs with the help of members of our research team.Despite efforts to spread the word about evacuation risks, in our current research on the 2017 hurricanes, early analysis of state of Florida data showed that thousands of older adults – residents of 81 of 674 nursing homes and 562 of 3,112 assisted living communities – were moved to other locations for Hurricane Irma. Many of the facilities that relocated for the storm were not even in evacuation zones.Does this mean that long-term care administrators did not learn the lessons of past hurricanes about the dangers of evacuation? Until we get further along in our current research, we hesitate to say that.Our research team is now in the process of examining the Medicare data concerning the health of the thousands of people whose facilities were affected by hurricanes Irma and Harvey. The Medicare analysis is similar to the earlier research on hurricanes Katrina, Rita, Gustav and Ike, with the addition of assisted living, which is growing as an alternative to nursing homes. Assisted living residents tend to be healthier than nursing home residents, but many are physically and cognitively limited. We’re looking specifically at the effect of the storms on long-term care residents with dementia.Our current research team is also studying the characteristics of Harvey and Irma and the facilities themselves to find out which factors had the greatest effect on evacuation decisions. And to understand this decision-making in greater depth, we are interviewing long-term care administrators in Florida about their choices and experiences.In these interviews we have learned these can be excruciating decisions involving local and state emergency managers and multiple pieces of information: the path and force of the coming storm, the vulnerability of their buildings to the winds and the water, and critically, the health and vulnerability of their residents.Planning for future stormsBecause Irma was such a large hurricane, many faced the uncertainty of what to do when their evacuation destinations turned them down at the last minute, either because these sites also had evacuated or had filled up with residents from elsewhere. Others were secure in their plans to shelter in place because they had reinforced windows or multiple levels and the ability to escape flooding by moving residents to higher floors. However, we’ve learned through our interviews that many others lacked these assets, especially the smaller family-run facilities that often are home to people with lower incomes.Power generation emerged as a major issue in Hurricane Irma. After the deaths in Hollywood Hills, the Florida Legislature required that all nursing homes and assisted living communities have generators powerful enough to maintain safe temperatures. And while this mandate has been controversial, there is little dispute about the need for power in any facility that shelters in place.As our research progresses, we will have more precise data on the effect of evacuating and sheltering in place on frail adults. Given what we learned from the studies a decade ago about evacuation risks, we want to find out what enables a facility to most effectively work with state and local officials to safely shelter in place, but also how to minimize the harm of an evacuation when evacuation is the only rational course. We need this knowledge to help long-term care administrators make the best decisions possible as they face storms of increasing intensity in the coming years.[ Deep knowledge, daily. Sign up for The Conversation’s newsletter. ]Lindsay J. Peterson, Instructor, School of Aging Studies, University of South Florida and Kathryn Hyer, Professor, Director Florida Policy Exchange Center on Aging, University of South FloridaThis article is republished from The Conversation under a Creative Commons license. Read the original article. LEAVE A REPLY Cancel reply You have entered an incorrect email address! Please enter your email address herelast_img read more

Bosques de Galeana / GRUPO 30×30

first_imgCopyHousing•Mexico 2015 “COPY” ArchDaily Projects Save this picture!© LGM studio+ 39 Share Photographs Photographs:  LGM Studio – Luis Gallardo Manufacturers Brands with products used in this architecture project Year:  Mexico Architects: GRUPO 30×30 Area Area of this architecture projectcenter_img Area:  1495 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/805998/bosques-de-galeana-grupo-30×30 Clipboard Manufacturers: Hansgrohe, MARAZZI, MabeSave this picture!© LGM studioRecommended ProductsDoorsEGGERWood Laminate Doors in Molecular Plant Science InstituteDoorsRabel Aluminium SystemsMinimal Sliding Door – Rabel 62 Slim Super ThermalDoorsVEKADoors – VEKAMOTION 82Doorspanoramah!®ah! PivotText description provided by the architects. Bosques de Galeana is a private residential complex of 10 modern style houses with great functionality. The site is located in Hermenegildo Galeana 113th Street, in the southern part of Mexico City. The complex is located on a plot of 16 meters wide per 47 meters long, making the central part of the homes facing south ensuring maximum comfort throughout the year.Save this picture!© LGM studioSave this picture!Main PlanSave this picture!© LGM studioThe project is deployed in 873 m2, having a free area of 48%, which is 100% pedestrian since vehicular access in this level is not allowed, and a 52% deployed area. Save this picture!SectionSave this picture!PrototypeSave this picture!SectionSave this picture!PrototypeThere are two types of housing, both have two bedrooms with dressing room and private bathroom, TV room, balconies, two and a half bathrooms with high quality German faucets, kitchen in solid treated wood, washing and laying area, cellar, roof garden, private garden and two covered parking places.Save this picture!© LGM studioProject gallerySee allShow lessPeking University Affiliated High School / CrossboundariesSelected ProjectsHerzog & de Meuron to Complete $2 Billion Development in Los Angeles’ Arts DistrictArchitecture NewsProject locationAddress:Calle Hermenegildo Galeana no. 113, MexicoLocation to be used only as a reference. It could indicate city/country but not exact address. Share “COPY” Bosques de Galeana / GRUPO 30x30Save this projectSaveBosques de Galeana / GRUPO 30×30 Housing ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/805998/bosques-de-galeana-grupo-30×30 Clipboard Bosques de Galeana / GRUPO 30×30 CopyAbout this officeGRUPO 30x30OfficeFollowProductsConcreteBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingMexicoPublished on February 23, 2017Cite: “Bosques de Galeana / GRUPO 30×30” 23 Feb 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodGRP Siding Façade SystemPlasticsMitrexSolar SidingMetal PanelsAurubisCopper Alloy: Nordic RoyalSystems / Prefabricated PanelsKalwall®Translucent WalkwaysPanels / Prefabricated AssembliesIsland Exterior FabricatorsSpecialty Facade SystemsLightsLouis PoulsenLamps – LP Slim BoxWoodBruagAcoustic Panels with LEDTiles / Mosaic / GresiteHisbalitMosaic Tiles – Palm SpringsMineral / Organic PaintsKEIMBlack Concrete – Concretal®-BlackSuspension SystemsMetawellAluminum Panels for Smart CeilingsDoorsGorter HatchesFloor Door – Fire RatedBricksDEPPEWaterstruck Bricks – 1622/1635ekws DFMore products »Save想阅读文章的中文版本吗?Bosques de Galeana 私人住宅 / GRUPO 30×30是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Unicef UK chooses Aframe for managing promotional video

first_img  29 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Technology video “Collaboration is really important within the team, and for me that is the main benefit of using Aframe. The platform is making our processes more efficient, which will save time and money; but it’s also about giving us more time to produce interesting, innovative content that will support our fundraising and campaigning efforts”. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 8 February 2015 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Photo: video camera by antb on Shutterstock.com Unicef UK chooses Aframe for managing promotional video Unicef UK has selected Aframe’s cloud video platform to help it manage its promotional video activity, from promotional content to corporate films.Until now the children’s charity has used multiple external hard drives and RAID drives, although this meant there was no way to collaborate or share footage remotely. Now, however, it can manage all video content in a secure, centralised workspace.  Staff can now upload content that can be viewed by colleagues across the organisation, and making collaboration with external producers and video teams much easier and faster.Ian Williamson, ICT Director at Unicef UK, said:“The use of Aframe has provided us with the ability to work more collaboratively with our external freelancers and video teams, as well as providing a lot more visibility for our internal teams. It has allowed us to remove the reliance we had on RAID drives and instead use the cloud to effectively store the footage that we need.”As well as allowing users to upload raw video footage from anywhere in the world, Aframe also can operate as a cloud-based media asset management tool for an organisation, offering a centralised library of broadcast-ready video assets and supporting documentation.Williamson added: Advertisementlast_img read more

Huntington Memorial Hospital Announces Paul L. H. Ouyang Elected Chairman of the Board of Directors

first_img Name (required)  Mail (required) (not be published)  Website  Paul L. H. Ouyang. Photo courtesy Huntington Memorial HospitalHuntington Memorial Hospital today announced that Paul L. H. Ouyang has been elected chairman of the board of directors of Huntington Hospital, effective immediately. Paul replaces Jim Rothenberg, who passed away in July.“Paul’s extensive business experience is an incredible asset to the hospital, especially for our ever-changing healthcare industry,” said Stephen A. Ralph, president and CEO, Huntington Hospital. “Paul has been an active member of our Board of Directors and was the natural choice for this role. We are excited to have him serve in this capacity as we navigate these challenging and demanding times.”Paul, his wife Debbie, and his siblings are longtime supporters of Huntington Hospital. The Ouyang’s philanthropic support has touched several areas of the hospital, including the expansion of the Emergency and Trauma Center and programs that enhance the quality of care in the intensive care and maternity units.Paul has been a member of the hospital’s board of directors since 1998, and a trustee of the Huntington Trust since 2002. He has chaired the Finance Committee for several years and is a member of the Compensation and Strategy Committees. “As individuals and as a community, we have to make sure the hospital not only remains strong but also forward thinking in order to anticipate the future requirements and expectations of healthcare needs,” says Paul. “We have experienced and seen the positive impact of Huntington Hospital on the well-being of our local population over the years, and I am honored to serve in this role, following the remarkable leadership of Jim Rothenberg.”Paul is currently the co-founder and president of CareerArc.com, an HR technology company that serves corporations and government entities nationwide. Previously, he was the co-founder and president of The NTI Group, Inc. which was acquired by Blackboard, Inc. He was the CEO of Vivendi Universal Net USA, a subsidiary of Vivendi Universal. Paul was also EVP and CFO of MP3.com, Inc. and orchestrated its IPO and subsequent sale to Vivendi Universal. He also served as EVP and CFO of Tickets.com, Inc. which was acquired by Advantix. Additionally, he was a managing director at KPMG and a vice president at J. P. Morgan & Co.Paul was a director of Bluebeam Software, Inc., the NTI Group, VU Net USA, FastSoft, Inc., Southern California Healthcare Systems, SeeUthere.com, and a trustee of the Chandler School. Besides Huntington Hospital, his family also supports various programs at academic institutions including Amherst College, Yale University, and the Wharton School.He received his MBA in Finance and a General Electric Fellowship from the Wharton School, University of Pennsylvania, and his Bachelor of Arts in Economics from Amherst College.About Huntington HospitalHuntington Hospital, www.HuntingtonHospital.com, is a 625-bed not-for-profit hospital located in Pasadena, California. It has been ranked nationally by U.S. News and World Report in two specialties and was named among the top hospitals in California. The hospital is on Facebook at www.Facebook.com/HuntingtonMemorialHospital and on Twitter at @HuntingtonNews. 0 commentsShareShareTweetSharePin it Make a comment Community News First Heatwave Expected Next Week Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News Huntington Memorial Hospital Announces Paul L. H. Ouyang Elected Chairman of the Board of Directors From STAFF REPORTS Published on Wednesday, October 14, 2015 | 7:47 pm HerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeautyKim To File For Divorce From Kanye West After 6 Years Of MarriageHerbeautyHerbeauty Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy center_img faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Subscribe Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Your email address will not be published. Required fields are marked * More Cool Stuff Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Business News Top of the News last_img read more

OPD arrests man accused of family violence

first_imgLocal News WhatsApp Pinterest By admin – June 22, 2018 Twitter Pinterest Twitter Alex Reyna Odessa police reported arresting a 22-year-old Odessa man Monday on a felony family violence charge and four misdemeanor counts on accusations that he choked his mother and resisted officers who arrested him.Police reported being called at about 3:20 a.m. Monday to a home in the 1300 block of Lindberg Street, where police could hear fighting inside, including a woman yelling at “an ‘Alex’ to get off of her.” Police reported forcing their way into the home, where they saw a man later identified as Alex Reyna running to the back.Officers reported he aggressively charged an officer before he was detained. Police reported he had choked his 45-year-old mother during a fight and then pinned the woman and a younger brother to the couch to prevent them from opening the door for officers. Police said Reyna had also violated a protective order taken out against him by his mother.Reyna was listed as being held Thursday at the Ector County Detention Center on a total $30,000 bond. He faces charges of felony assault by strangulation (family violence) and misdemeanor counts of violating a protective order, evading arrest, resisting arrest and misdemeanor assault. Previous articleOPD officers arrest Subway theft suspectNext articleMan charged with running over security officer admin OPD arrests man accused of family violence Facebook WhatsApp Facebooklast_img read more

Low-End Rentals Driving Inventory Increases

first_img Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Investment, News The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Seth Welborn CoreLogic Inventory Rental 2020-03-26 Seth Welborn Subscribe  Print This Post Related Articles Servicers Navigate the Post-Pandemic World 2 days ago March 26, 2020 845 Views Tagged with: CoreLogic Inventory Rental The Best Markets For Residential Property Investors 2 days agocenter_img Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Low-End Rentals Driving Inventory Increases The Best Markets For Residential Property Investors 2 days ago Low-End Rentals Driving Inventory Increases Demand Propels Home Prices Upward 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Data Provider Black Knight to Acquire Top of Mind 2 days ago Previous: Freddie Mac Ceases Issuing LIBOR Securities Next: Policymakers ‘Learned Lessons’ from Great Recession in Stimulus Package Share Save 2019 marked the ninth year of annual increases in the CoreLogic single-family rent index, which measures changes in rents paid for single-family homes in the U.S.  After rebounding from decreases experienced from 2009 to 2011 during the Great Recession, single-family rents settled in at about a 3% per year increase for most of 2019, ending the year with a 2.9% year-over-year increase in December.Increases in rents were higher for lower-priced rental properties than for higher-priced rental properties, continuing a trend that started in 2014. In December 2019, properties with rents 75% or less of a region’s median rent increased by 3.4% year over year, compared with 2.5% year over year for properties with rents more than 125% of the regional median rent.Strong economic growth, coupled with the lowest unemployment rate in over 50 years, contributed to strong household formation in 2019, including a small increase in the number of renter households. Already-low rental home inventory, relative to increased demand, drove the rental vacancy rate on one-unit homes down to 5.2%, which was the lowest one-unit rental vacancy rate since 1995.Mobility also played a role in rent increases, especially at the metro level. While most states in the U.S. saw an increase in population in 2019, some states saw larger increases than others, and some experienced a decrease in population. Arizona ranked third for population growth in 2019 by both number and percentage increase. This population growth is reflected in high rent increases in both Phoenix and Tucson, which had some of the highest year-over-year rent growth in the country for the past year. In contrast, Illinois and Hawaii both had a decrease in population in 2019, which could account for the slower rent growth in Chicago and Honolulu. Sign up for DS News Daily Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img read more

Due To Current Covid-19 Situation, ICSE Board Exams Cannot Be Permitted : State Govt Tells Bombay HC

first_imgNews UpdatesDue To Current Covid-19 Situation, ICSE Board Exams Cannot Be Permitted : State Govt Tells Bombay HC Nitish Kashyap23 Jun 2020 11:50 PMShare This – xThe Government of Maharashtra informed the Bombay High Court on Wednesday that ICSE Board exams cannot be permitted to take place in the State due to the current situation surrounding the Covid-19 pandemic.A Division bench of Chief Justice Dipankar Datta and Justice SS Shinde was hearing via video conferencing a public interest litigation filed by Advocate Arvind Tiwari, who is also a father of…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Government of Maharashtra informed the Bombay High Court on Wednesday that ICSE Board exams cannot be permitted to take place in the State due to the current situation surrounding the Covid-19 pandemic.A Division bench of Chief Justice Dipankar Datta and Justice SS Shinde was hearing via video conferencing a public interest litigation filed by Advocate Arvind Tiwari, who is also a father of a class X student. He sought directions for cancellation of the remaining ICSE and ISC board exams scheduled to be held from July 2 all over Maharashtra and declaration of results on the basis of gradation and past performance.Advocate General AA Kumbhakoni informed the Court that the said decision was taken in a State Disaster Management Committee meeting chaired by Chief Minister Uddhav Thackeray held on June 22. A similar decision to not conduct the University exam for final year students was taken at the same meeting.Additional Chief Secretary, School Education Department Vandana Krishna wrote to the Advocate General informing him about the said decision and the decision to not allow final year University students to take exams. The letter added that the above information must be conveyed to the High Court.Moreover, regarding the status of CBSE exams to be conducted across the country, the bench was informed that a matter is pending before the Supreme Court. Previously, CISCE Board had informed the High Court that students of class 10 and 12 have the option to not appear in the remaining board exams of ICSE and have the result completed on the basis of marks obtained in pre-board examinations or internal assessment and also the marks awarded in the papers which he/she has already written before the lockdown.Senior Advocate Darius Khambatta appeared on behalf of CISCE and had submitted that a decision has been taken by the Council wherein several options have been made available for the examinees. Apart from physical appearance to write the examinations, the decision also gives an option to an examinee, who is not willing to write the examination physically, to have his/her result completed on the basis of marks obtained at the pre-Board examination/internal assessment and also upon taking into account the marks awarded to him in the papers which he has already written.Keeping in mind that the apex court will be informed tomorrow with regard to conducting CBSE Board exams across the country, the bench adjourned the matter till Monday, June 29. Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

Bar owner removes $3,714 in bills from walls to give to unemployed staff

first_imgCourtesy Jennifer Knox(WASHINGTON) — As the coronavirus pandemic continues to shut down businesses across the country, Jennifer Knox is doing whatever it takes to keep her staff’s heads above water.April usually marks the beginning of the busy season at her Tybee Island, Georgia, restaurant, The Sand Bar. But thanks to COVID-19, there’s not a costumer in sight. The bar closed its doors March 23 to comply with statewide orders limiting restaurants to takeout and delivery only.“Awful timing for everybody, but we’re all in this together,” Knox said.As she began to close up shop, Knox realized there was some good she could do for her staff. Over the last 14 years, it became a tradition for costumers to write special notes on dollar bills and staple them to the walls and ceilings of the bar.“I looked around and thought, ‘We had to get this money in the hands of people who need it,’” Knox said.A team of five volunteers joined Knox and her mother and spent 3 1/2 painstaking days taking down the money that surrounded them — careful to keep each weathered bill intact. Knox posted about the change in decorations on Facebook and a few costumers came by to exchange their message dollars with a fresh bill.Once cleaned and counted at the bank, the group had a haul totaling $3,714. Several people also donated to the cause, which allowed Knox to divide up a $4,104 grand total to her six staff members, which came out to over $600 each. It’s a payday that came as a godsend for many.“One of our musicians can pay his rent now because of the money and he was bawling,” Knox said.But the generosity didn’t end there. Bartender Katie Mothersbaugh decided to give her cut to a co-worker who needed it more, delivering the news over FaceTime as tears of gratitude flowed from both of them.“We were all crying because of how much it meant to her, it was amazing,” Knox said.Restaurant employees are particularly vulnerable nationwide. The latest job claims report from the Department of Labor found 6.6 million Americans filed unemployment benefits for last week, bringing the total number of unemployed claims to 16 million in just three weeks. Since government relief packages from these claims haven’t materialized yet, employees like those at The Sand Bar are forced to rely on the goodwill of people in their community to help them get by.“Everyone on our island works in the service industry in one way or another so there is a lot of need right now,” Knox said. “I’m glad we’re able to help in our own small way.”And in that spirit of helping, Knox explained she’s continuing to take donations for service industry employees on Tybee Island, setting up a Venmo account that’s already raised over $1,000.As for the bar, Knox revealed she had a cleaning team come in to freshen up the place after all the money was gone, including adding a fresh coat of paint. She’s unsure if the bills will still have a place on the walls moving forward, but hopes to have a new way for costumers to leave their mark.“I don’t know if people will recognize the bar now,” Knox laughed. “But we’re trying to come up with neat ways to continue some kind of tradition here for customers.”Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Triumph over diversity

first_img Comments are closed. Previous Article Next Article Triumph over diversityOn 1 Apr 2001 in Personnel Today Thekey to success in this diverse region is considering each country in the lightof its own history and culture. Bo Jones reportsRussiais in dire economic straits,” according to the McKinsey Global Institute.”Unlike the successfully reformed ex-communist economies – such as Hungaryand Poland, where economic performance fell during the early years of reformbut surged as it took hold – the former superpower has experienced onlydecline.” Indeed, focusing in on Poland, the Institute has a brighterview, “Poland’s resurgence in the 1990s,” they say, “has been awell-kept secret. Unemployment has fallen to 10%, from 16% in 1993, and newjobs have been created at a healthy rate of 1% a year since 1994.”That’swhy Western companies are being extremely cautious about where and in what theyinvest in the region. Like any emerging economic region, there is a need for atelecommunications infrastructure and information technology (IT) development,and in the more advanced countries, specialists in these fields, such asBritish Telecom, are moving in, particularly into the countries that are seento be more advanced both socially and economically. Likewise, the bigconsulting firms such as PricewaterhouseCoopers are opening offices in mostmajor CEE locations. However, some are reportedly having a hard time gettingskilled and experienced people to relocate to these countries and findingenough local talent to fuel their real business ambitions, and this limitstheir growth and expansion.Whetheror not reports of significant development for some nations and the slow demiseof others are entirely true, one thing is abundantly clear – not only is theCEE region very different from its Western European neighbour, but each countrywithin the region has its own distinct political and social background andeconomic climate. And that means that acquainting any organisation with the HRissues in the entire CEE area is a seemingly impossible task. What firmslooking to expand into the region need to do, is carry out in-depth research ofeach country individually.AdvisesYolanta Strikitsa, head of HR consultancy at Morgan Chase’s Eastern Europeanpractice, “Before you go, you need to look at the history of each nation.The region is very different to Western Europe, even in terms of industry andbusiness development, not only socially and culturally.” She goes on,”Hungary, for example, was first to enter the developed world. Now, theyare already in the second stage of direct investment into the country, withlocal companies merging with Western multinationals. “Russiatoo,” Strikitsa explains, “is past the first stage and is facingproper investment. Before,” she recalls, “investors would go into themarket for a very short period of time. Today, there is more long-terminvestment. HR’s role then is to find expatriates who are willing to stay atleast three to five years.”Incontrast, Yugoslavia and Serbia are today where Russia was back in the early1990s, with very short-term investments only just being introduced. That means,says Strikitsa, “that you see people coming in for perhaps three or fourmonths to do bits and pieces”.Butdespite these very different stages of development that face multinationalorganisations when they move into CEE, there is one underlying factor thatStrikitsa believes unites all these very diverse countries. She notes thatpeople in the region are all “well-educated. Yes they have their labourissues and technological issues,” she says, “but you just have tofind the right understanding and cultural key for people to get working.”Indeed,her belief in the high skills levels of individuals in certain of the CEEnations is firmly supported by some of the other players in this area. Lookingparticularly at Hungary, PricewaterhouseCoopers in its Doing Business andInvesting in Hungary – 2000 report, says, “Hungary has a skilled andwell-educated workforce. Although,” it admits, “certain skills, suchas knowledge of Western languages and of Western accounting and bookkeeping,are still in short supply, this is changing as new graduates enter the market.”Andnew graduates are not only signing up for economics and financialqualifications. In Estonia, IT is the way to go. Encouraged, by the government,which plans to open a university specialising in telecommunications and IT, thepeople of Estonia are constantly being urged along the digital pathway.In1999, Hansapank, a regional bank, teamed up with IT services company MicroLinkto give away free computers to the first 2000 people to sign up for thecompany’s Internet services. Through this sort of initiative, Estonia isalready the leader among the former Soviet States in Internet connectivity, aswell as mobile phone usage and on-line banking. Reports KPMG, “More thanhalf of the population has used a personal computer and one-third of residentshave logged on to the Net.”Indeed,KPMG says, “Driving on Estonia’s highways, a first-time visitor may besurprised to see blue-and-white signposts (distinguished by the familiar @symbol) directing the traveller to the nearest spot to check e-mail.”Likewise,it seems Romania too has a bright, digital-savvy population, with the Romaniantechnology school regarded by KPMG as “one of the best in the world”.Indeed, the company says, “The Romanian labour force is oftenover-qualified. It is a well-known fact that Romanian students finish theirstudies by graduating from colleges in Western countries.”Withregard to labour rights, the West, it seems, has also played a significant rolein influencing employment legislation. “In order to ensure employees’(including collaborators’) minimum labour rights, the Romanian government hasissued legislation covering domains such as working hours, minimum wages,statutory holidays, paid vacations and paid maternity leave.”Andin Hungary too, modern Western principles have been adapted to the Hungarianenvironment through the Labour Code of 1992. Explains Mark Humphreys, HRspecialist with an IT services provider operating in the region, “TheLabour Code regulates the basic elements of employer/employee relationships.That means that under the Labour Code, workers’ councils are compulsory at alllocations with more than 50 employees.” In addition, he adds, “TheLabour Code also allows unions access to places of work and gives them officialstatus as a negotiating partner with the employees.”Itseems that Morgan Chase’s Strikitsa was right on the mark when she says thateach nation within the CEE region must be considered in the light of its ownhistory and culture. There are certainly some similarities between countries ata similar stage of economic development, with well-educated workforces andmodern labour laws. But for every similarity, there are also great differencesand a huge amount of diversity. Add that to an enormous amount of potential inmany countries and there will be some exciting and challenging times ahead forfirms expanding into this emerging market. Who’sgoing where?It’sthe consultancies, telecommunications and IT companies that are venturing intoCentral and Eastern Europe. The most popular countries for investment  from these sectors are:–Hungary–Russia–Estonia–RomaniaFurtherinformation Checkout the following Web sites for more info on expanding into the CEE:–PricewaterhouseCoopers: www.pwcglobal.com–McKinsey Global Institute: www.mckinsey.com–KPMG: www.kpmg.com Related posts:No related photos.last_img read more