BURLINGTON, Vt. — Champlain College’s BYOBiz (Bring Your Own Business) Program has received a $90,000 grant from The Coleman Foundation, Inc. in Chicago to further enhance its entrepreneurial education programming.The grant will help to enhance Champlain’s entrepreneurship curriculum, formalize the integration of student business development into courses, augment the entrepreneurial collection in the library, and provide seed funding for the creation of a dedicated BYOBiz facility called the Champlain Business Hatchery.As a dedicated BYOBiz facility, the Champlain Business Hatchery will provide working office space for up to 22 students starting in the 2008-2009 academic year. Through an application process, students will be awarded space for a set term. In return, students will be expected to meet pre-negotiated deliverables to advance their businesses. The Hatchery will become the epicenter of entrepreneurship on the Champlain campus.The grant will also help enhance entrepreneurship curriculum with the formal integration of student business development into courses. New courses will be added and two existing courses will be enhanced to better suit entrepreneurial students. Additionally, BYOBiz faculty will look across the majors at Champlain to identify courses that can be “BYOBiz Enabled.” That is, in these courses students will address issues associated with their developing business as the basis for project work. For example, BYOBiz students in the Financial & Economic Modeling course might develop product pricing models for their business or students might use an internship course to develop their marketing plan to earn course credits. The Coleman Foundation, Inc. is a private, independent grantmaking foundation established in Illinois in 1951. The Foundation funds “unique education institutions with a strong emphasis on entrepreneurship education and awareness,” according to its Web site. The Foundation has asked Champlain to use the grant as an opportunity to challenge supporters of the College and entrepreneurship education in Vermont to contribute funds to make BYOBiz a sustainable initiative.”We’re thrilled that the Coleman Foundation is backing our vision to redefine entrepreneurial education,” said Champlain College President David F. Finney. Champlain’s BYOBiz Program is a groundbreaking program for student entrepreneurs to bring the business theyve started — or the business they’re thinking about starting — to college with them. “BYOBiz encourages and supports emerging entrepreneurs with educational and real-world business resources,” Finney said. “We anticipate that many of these highly motivated students will create businesses that stay in Vermont and create Vermont jobs.”The BYOBiz Program was unveiled in 2006 and has earned national recognition in Entrepreneur magazine, USA Today, and the Marketplace business report heard on public radio stations across the country.# # #
APALACHIN (WBNG) — Emergency crews were on the scene of a house fire in Apalachin early Friday morning. This is a developing story, stay with 12 News for further updates. Apalachin fire officials tell 12 News it was a “small” porch fire that was put out quickly. According to Tioga County Fire Wire, the fire started around 6 a.m. at 4 Billings Rd. Officials were unable to comment on injuries.
About two hours after he was taken off life support, Mr. Knapinski was lying in his hospital bed, seemingly unconscious, Ms. Holen said in an interview. Before she began another round of sedation treatment, she softly said his name.His eyes sprung open, she said, and tears began streaming down his cheeks. He wiggled his toes and gave a thumbs-up. Unable to talk because of a breathing tube, he mouthed a request to speak with his mother. The weather took a turn “to whiteout conditions,” Mr. Knapinski said, adding, “I couldn’t see anything.” The last thing he remembers before losing consciousness is taking small steps down the mountain, the newspaper reported.“I’m not sure what happened,” he said. “I think I fell.”- Advertisement – “We thought with him being cold, in addition to him being a young and fit guy who was climbing a mountain before this, he was a great candidate for this aggressive treatment,” Dr. Johnson said.As his organs began to regain function, Mr. Knapinski was taken off the ECMO machine on Tuesday.That night Dr. Arbabi received a page from Whitney Holen, a trauma nurse in Harborview’s intensive care unit who was caring for Mr. Knapinski. That’s usually a sign of disaster, but Ms. Holen’s voice was full of joy when she reported that “our mountain man” had opened his eyes and was smiling, he said.- Advertisement – The life support machine that the hospital used to treat Mr. Knapinski is known as an ECMO, and it is used sparingly because it requires special training to operate, said Dr. Jenelle Badulak, an intensive care unit doctor at Harborview. It is sometimes used for coronavirus patients with lung function of less than 20 percent who are not improving with a ventilator.The treatment, however, does not guarantee recovery. But sometimes, she said, it can save a life.Dr. Johnson, who treated Mr. Knapinski, said that cooler temperatures had been shown to “protect the brain and improve outcomes after cardiac arrest, or when the heart stops.”- Advertisement – – Advertisement –
Mexico’s foreign ministry said in a tweet on Tuesday that the travel restrictions across the country’s border with the United States would continue for 30 days.The United States said it was in “close contact” with both countries on its northern and southern borders about the restrictions, which were first imposed in mid-March. The Trump administration had already extended indefinitely a separate set of pandemic-related rules that permit rapid deportation of migrants caught at US borders.Separately, the US Department of Justice on Tuesday said in a statement it was again postponing hearings for thousands of migrants who have been waiting in Mexico for US immigration court hearings.The Justice Department, which runs the immigration court system, said the hearings for those in the so-called Migrant Protection Protocols program would be on hold until July 20.”This will alleviate the need for travel within Mexico to a US port of entry while pandemic conditions in Mexico remain severe,” the Justice Department said. The controversial program has stranded migrants – many of them seeking asylum in the United States – in Mexico for months.Hundreds have been living in squalid tent camps near the US-Mexico border, which health experts and immigration advocates have said leaves them vulnerable to coronavirus infections. The Trump administration said on Tuesday it would extend existing restrictions on non-essential travel at land ports of entry with Canada and Mexico due to continued risks from the novel coronavirus pandemic.”This extension protects Americans while keeping essential trade and travel flowing as we reopen the American economy,” US Department of Homeland Security (DHS) Acting Secretary Chad Wolf said in a statement, without specifying an end date to the extension.The travel restrictions had already been extended several times and were set to expire on June 23, according to a related US government notice. A DHS official said the latest extension would run for 30 days. Topics :
Richard Gröttheim, CEO, AP7Under the proposal, Facebook would have distributed two of the new shares to shareholders as a dividend for each class A or B share they own.Zuckerberg controls the company by owning the majority of B shares, which each carry 10 votes, while A shares carry one.The idea behind the stock reclassification was to allow Zuckerberg and his wife to sell much of their stock to fund philanthropic activities without losing control over the company.Gröttheim said AP7 agreed to lead the litigation because it believed that the Facebook stock reclassification would create “a terrible corporate governance scheme”.“If Mark Zuckerberg wants to sell his stock and become a philanthropist, he should do that,” he said. “But he shouldn’t be allowed to keep controlling Facebook while devaluing current stockholders after he does so.”In a post on Facebook earlier this week, Zuckerberg explained the decision to withdraw the proposal just days before he was due to go to court.He said last year he had thought the stock reclassification was the only way to achieve his philanthropic aims, but now thought there was a better solution.“Over the past year and a half, Facebook’s business has performed well and the value of our stock has grown to the point that I can fully fund our philanthropy and retain voting control of Facebook for 20 years or more,” he said.As a result, he had asked the board to withdraw the proposal. The lawsuit is now expected to be dismissed as moot sometime next week, according to Grant & Eisenhofer, a law firm representing several institutional investors.AP7 did not have any legal costs resulting from the action as these were borne by its US lawyer, Gröttheim said.The Swedish pension fund was represented by the law firm Kessler Topaz Meltzer & Check as co-lead plaintiff in the case. Swedish national pension fund AP7 has declared a “full victory” over Facebook’s decision to halt plans to reclassify its stock, a move it said would have cost public shareholders $10bn (€8.5bn).AP7 was the co-lead on litigation in the US to stop the share dilution.Richard Gröttheim, chief executive of AP7, told IPE: “We’re very proud to have shown that this instrument for corporate governance works very well.”He said the pension fund was very happy with the result, which was “a full victory for Facebook’s public stockholders”. AP7 is one of the largest shareholders in Facebook, with its holding of A shares in the company worth around SEK3.2bn (€334m).Gröttheim said the case had saved Facebook’s public shareholders from a potential $10bn investment loss, which it was estimated would have resulted from the depreciation of their stock following the reclassification.The pension fund, which runs the default option fund for Sweden’s premium pension system, launched a legal case against Facebook in May 2016 in the Delaware Court of Chancery after the US social media company announced a plan to issue a new voteless “C” class of shares, adding to the “A” and “B” shares already in issue.
The Dutch government’s planned increase to the retirement age – scheduled to rise to 67 by 2021 – could be postponed until 2026, actuaries have argued.Writing for the magazine of the Netherlands’ Actuarial Society (AG), the authors pointed out that life expectancy had been increasing slower than expected.Dutch financial newspaper FD quoted Daan Kleinloog, chairman of the AG’s state pension (AOW) working group, as saying that, up to 2022, the retirement age was set to increase faster than life expectancy for 65-year-olds.As a consequence, pensioners would receive 3% less state pension, he said. “If the aim is that all generations are to receive AOW benefits over an equal number of years in retirement, the current rise of the AOW age is too fast,” said Kleinloog.In 2013, the parliament decided to raise the state pension age in several steps to reach 67 in 2021. Further rises would follow life expectancy improvements.As a result, the retirement age is to increase by another three months in 2022.Last week, a leaked draft of a pensions agreement suggested that employers and workers wanted the official retirement age of 67 to be postponed to 2025.The actuaries findings are politically sensitive, as Wouter Koolmees, minister for social affairs, and the government coalition have insisted that a relatively quick increase is necessary to keep the state pension affordable, taking into account population ageing.The FD reported that the cost of a four-year delay to the retirement age increase was estimated at €1.5bn.“However, this amount could be less because of the slowing down of life expectancy,” argued Kleinloog.The actuaries drew their data from recent figures published by Statistics Netherlands (CBS) about life expectancy for 65-year-olds.
The UK-based Peel Ports Group has launched the second phase of its expansion programme at Liverpool2, dubbed one of the world’s most modern shipping terminals. The company, which is the owner of the Port of Liverpool, is to invest in equipment and port infrastructure works to expand the terminal and introduce new port technology solutions.This latest phase will include the installation of three more ship to shore cranes (STS) and 10 cantilever rail mounted gantry cranes (CRMG). These will add to the previous five STS cranes and 12 CRMG cranes installed as part of Phase 1 which was opened in November 2016.Liverpool2 will have the capacity to manage the unloading of two 380-meter-long vessels simultaneously. There will also be additional reefer points installed to allow the terminal to handle even greater quantities of refrigerated containers at the Port of Liverpool.Launched in November 2016, Liverpool2 represents a GBP 400 million (USD 519.7 million) investment that provides a state-of-the-art ocean gateway for international trade to and from the UK.“This is an important step in the development of Liverpool2 and reflects our confidence and our long term commitment to positioning the North of England as a competitive route to international markets and a major port for global trade,” Mark Whitworth, CEO of Peel Ports, said.“The development of the project programme is now well underway. We are currently preparing the outline designs and would look to be in a position to appoint construction partners in spring of next year, with a view to commencement of construction shortly after. We anticipate a completion date for Phase 2 in 2019,” Whitworth added.
Indianapolis, In. — Indiana governor Eric Holcomb and Lt. governor Suzanne Crouch have unveiled Indiana’s Next Level Veterans initiative. This new statewide program brings together public and private organizations to recruit, employ and connect discharging military personnel to Indiana and retain veterans who are already in the state. A new website has launched and will be the one-stop-shop for veterans across the nation who are looking for jobs, training, housing or information about the Hoosier state.“Bringing veterans from around the country here to fill high-wage, high-demand jobs is a win-win-win for military service men and women, employers and our state’s economy,” Gov. Holcomb said. “Next Level Veterans will encourage partnerships around the state to bring our nation’s skilled and talented veterans back home to our welcoming and vibrant Indiana communities.”More than 200,000 service men and women leave the military each year, and more than half of them face a period of unemployment. Currently, there are about 85,000 unfilled jobs in Indiana. To fill these positions, employers need skilled workers with strong commitment and work ethic. Next Level Veterans focuses on connecting military personnel, who have honed their skills during their service, with these career opportunities.“Indiana wants veterans from out of state to know they are welcome here and that Indiana is a prosperous place, where employers are eager for their skills and talent,” Lt. Gov. Crouch said. “I am inspired by the work our state agencies and partners have done to create a positive future for veterans.”Under Crouch’s leadership, Next Level Veterans will provide veteran incentives, support personnel and provide marketing assistance. The Indiana Department of Veterans’ Affairs, Indiana National Guard, the Indiana Department of Workforce Development and the Indiana Housing and Community Development Authority are partnering with Conexus Indiana, the Central Indiana Corporate Partnership initiative focused on advanced manufacturing and logistics, and the Indiana Economic Development Association to support the program and the veterans who relocate to Indiana.The Next Level Veterans website at in.gov/veterans, includes information about available jobs in Indiana through Conexus Indiana, education and training opportunities, quality of life and community aspects. It also provides information on a new veterans-based mortgage program, which helps veterans find affordable housing and gets them into their own home. This new incentive is provided by the Indiana Housing and Community Development Authority.The Conexus Indiana INvets program is featured prominently on the Next Level Veterans website. INvets connects discharging veterans around the country with jobs at Indiana manufacturing and logistics companies. This program was initially created in partnership with Allison Transmission, Faurecia, Honda Manufacturing of Indiana, Subaru of Indiana Automotive, Toyota Motor Manufacturing Indiana and the Indiana Department of Workforce Development.INvets staff will regularly visit major military installations in coordination with a multi-channel marketing campaign. These efforts are supported by a web platform that serves to both educate service members and connect them with employers. This platform will grow to include detailed career path information as well as education and training opportunities. Employers throughout Indiana can leverage this platform to connect with service members prior to their separation from service.“Conexus Indiana launched INvets as an evolution of our work to bolster the advanced manufacturing and logistics sectors by specifically attracting veterans to high-wage, high demand careers,” said Wes Wood, INvets’ Program Director at Conexus Indiana and U.S. Army veteran. “We are thrilled to partner with the state to attract more veterans and expand the pool of employers to other industry sectors, all offering great opportunities for current and future Hoosiers.”The Indiana Economic Development Association will also assist communities in partnering with the initiative both in advertising their communities and in helping to welcome incoming service members.“It is vital we are making sure there is a focus on attracting those outside of the state to come here. Through IEDA we are going to attract people not only to Hoosier jobs but to Hoosier communities,” Lee Lewellen, Indiana Economic Development Association President/CEO. “We will help veterans and their families integrate and thrive in all Hoosier communities have to offer.”Crouch said that by bringing the different agencies and organizations that can help veterans, we are opening ourselves to the chance to have more veterans relocate or stay in Indiana, which will keep Indiana’s economy growing.
The Batesville Lady Bulldogs suffered three losses on Saturday. Rain forced play indoors as the Lady Bulldogs battled Roncalli, New Palestine and Franklin.Batesville opened the day with a 4-1 loss to Roncalli. The team’s lone victory came at No. 1 doubles. Corinne Stone and Betsy Harmeyer posted a 7-6 (7-5) and 6-2 victory over Claire Wagner and Cambri Lux.The Lady Bulldogs and New Palestine went to a third set in four of the five matches. Unfortunately, Batesville came up short by a score of 3-2. Jenna Ertel was a winner over Kylie Almond at No. 2 singles, while the doubles team of Stone and Harmeyer beat Claire Cherry and Josie King. Sophie Brown played well in a three set loss at No. 1 singles. Maggie Walsman played No. 3 single for the first time this season and lost in three sets as well. Caroline Kellerman and Kate Poltrack teamed up at No. 2 doubles.The final match of the day was a 5-0 loss to host Franklin. Brown, Poltrack and Kellerman suffered losses in singles play. Corinne Stone and Kayla Stone lost at No. 1 doubles, while Harmeyer and Ertel were defeated at No. 2.Courtesy of Batesville AD Bryan Helvie.
Their Champions League effort looks all but over after Bayern Munich opened up a commanding 3-1 lead in the first leg of their last-16 clash in London but Wenger believes how his team respond will shape the outcome of a season which sees them struggling to make the top four in the Barclays Premier League. “Of course, you are not feeling great if you can’t win, but we can stay solid or crack under the pressure,” Wenger said in an interview with Eurosport. “If you want to know, I am still solid, but I can’t tell you that I feel great right now because my job is about winning games and when you lose you will not find a single coach in this world who feels good.” Arsenal manager Arsene Wenger has called for his squad to “stay solid” as they look to prevent their campaign ending in more bitter disappointment. He went on: “I am not worried about us potentially coming back against Bayern, I am more worried about consequences that could manifest in the heads of our players. “You will never know how they can absorb those blows and how the team responds to disappointment. This is the most worrying aspect for me. “But from the experience of how to handle the end of the season, we know how to deal with that. We have had lots of experience.” While there is nothing Wenger can do now but rely on his continued belief the current group of players will be able to overall either Spurs or Chelsea to finish in the top four, Arsenal are expected to strengthen the squad in the summer. Several fringe players, like Andrey Arshavin and Sebastien Squillaci are set to be offloaded to trim the wage bill, with reinforcements brought in on the back of the club’s new sponsorship deal with Emirates Airline, which has been frontloaded to hit the summer transfer market. Defence is one area where Wenger will look to bring in new additions, with Swansea’s Ashley Williams a reported £8million target. In midfield, Jordy Clasie of Feyenoord is said to be another on the Arsenal radar. There could also still be developments off the pitch should American owner Stan Kroenke elect to sell his majority shareholdings to a so-far unnamed Middle East consortium reportedly to be ready to pay some £1.5billion for the Gunners, who have long championed a self-sustaining model based around the income generated from their 60,000-seater Emirates Stadium home. Press Association