Senate

U.S. Senator Ben Cardin Caps Off New Finance Speaker Series at the University of Maryland Smith School of Business

Retrieved on: 
Thursday, May 9, 2024

Senator Ben Cardin discussed the challenges facing entrepreneurs and small business owners during the May 7 installment of the Finance Grand Challenges Speaker Series.

Key Points: 
  • Senator Ben Cardin discussed the challenges facing entrepreneurs and small business owners during the May 7 installment of the Finance Grand Challenges Speaker Series.
  • Cardin is a senior member of the Senate Small Business & Entrepreneurship Committee and has previously served as its chairman.
  • They were the final guests of the academic year for a series that has featured several prominent national figures in the world of finance.
  • The series host and creator is Michael Faulkender, Dean's Professor of Finance at the University of Maryland Robert H. Smith School of Business and former assistant secretary for economic policy at the U.S. Treasury Department.

Visionary transitions from education to innovative technology, life sciences, and AI education

Retrieved on: 
Wednesday, May 8, 2024

They commended Visionary for its positive contributions to advancing science, technology, and education in Canada.

Key Points: 
  • They commended Visionary for its positive contributions to advancing science, technology, and education in Canada.
  • They believe that Visionary will continue to provide more opportunities and contributions to the advancement of technology and innovation economy in Canada.
  • Faced with significant changes in Canadian education policies, which notably restricted international student visas and reshaped the education system, Visionary initiated a strategic transformation in September 2023.
  • Transitioning from traditional education to high technology, life sciences, and AI education, after over six months of efforts, we have successfully executed this strategic transformation objectives.

SENATOR LENA GONZALEZ AND THE CAMPAIGN FOR A SAFE AND HEALTHY CALIFORNIA CALL ON LEGISLATURE TO INVESTIGATE POTENTIAL TAX AND LEGAL LOOPHOLES EXPLOITED BY BIG OIL

Retrieved on: 
Wednesday, May 8, 2024

SACRAMENTO, Calif., May 8, 2024 /PRNewswire/ -- As Big Oil continues to spend more than $60 million on a misinformation campaign, lying to voters about the public health benefits of keeping a law (SB 1137 - Senator Lena Gonzalez) that protects communities from toxic oil and gas drilling, the Campaign for a Safe and Healthy California and Senator Lena Gonzalez are calling on the State Legislature to investigate a shady tactic Big Oil is employing to fund their campaign of deception.

Key Points: 
  • Despite record breaking profits, fourteen oil companies avoided making direct contributions to their campaign to overturn Senator Gonzalez's law to keep California schools and neighborhoods safe from toxic drilling (SB 1137).
  • "I am calling on my colleagues in the Legislature to investigate this practice and close any loopholes we find."
  • Big Oil has a history of obfuscating how and where they are spending money on political campaigns.
  • For more information about our campaign, please visit our website at: www.CAvsBigOil.com
    Paid for by Campaign for a Safe and Healthy California, sponsored by nonprofit environmental and health organizations.

National Institute on Retirement Security Submits Research Issue Brief to U.S. Senate HELP Committee with Policy Options for Boosting Private-Sector Pension Coverage

Retrieved on: 
Wednesday, May 8, 2024

WASHINGTON, D.C., May 8, 2024 /PRNewswire/ -- In response to a request for information issued by the U.S. Senate Health, Education, Labor, and Pensions (HELP) Committee, the National Institute on Retirement Security (NIRS) today submitted a research issue brief with six policy recommendations to help expand defined benefit (DB) pension coverage for private-sector employees.

Key Points: 
  • Register for a webinar today, Wednesday, May 8, 2024, at 2:00 PM ET for a review of the research with the report authors.
  • First, private-sector pension plans should provide an avenue for retirement adequacy for the large majority of Americans lacking pensions regardless of their demographic profile and income.
  • Earlier this year, Doonan testified before the Senate HELP Committee about the scope of the retirement savings shortfall.
  • He said the move away from pensions is a major culprit in the nation's retirement crisis and serious policy discussions about rebuilding retirement security must include increasing pension coverage.

Naborforce Expands to Greensboro, Winston-Salem, High Point, and Wilmington to Support Older Adults and their Families as North Carolina's Aging Population Doubles

Retrieved on: 
Wednesday, May 8, 2024

Senator Jim Perry also introduced Senate Bill 274 that was signed into law last year opening the doors for additional support options for older adults in North Carolina.

Key Points: 
  • Senator Jim Perry also introduced Senate Bill 274 that was signed into law last year opening the doors for additional support options for older adults in North Carolina.
  • Our expansion in North Carolina will provide everyday support to older adults and their family members at a time that it is needed most."
  • "The expansion of Naborforce in North Carolina comes during the national observance of Older Americans Month, a time to reaffirm commitments to serving older adults," said Wilson.
  • At Naborforce, our Nabors help older adults age gracefully while combatting isolation and loneliness. "

Kelley Drye Continues to Bolster International Trade Policy Team with Addition of Former Deputy United States Trade Representative, Jayme White

Retrieved on: 
Tuesday, May 7, 2024

WASHINGTON, May 7, 2024 /PRNewswire/ -- Kelley Drye & Warren LLP is pleased to announce that former Deputy United States Trade Representative Jayme White will join the firm as a senior international trade advisor, effective May 13th, working in the firm's nationally recognized International Trade practice group.

Key Points: 
  • WASHINGTON, May 7, 2024 /PRNewswire/ -- Kelley Drye & Warren LLP is pleased to announce that former Deputy United States Trade Representative Jayme White will join the firm as a senior international trade advisor, effective May 13th, working in the firm's nationally recognized International Trade practice group.
  • He was responsible for leading USTR's activities on significant labor and environmental issues and broadly represented the United States in many different trade fora, domestically and overseas.
  • Kelley Drye's leading International Trade practice operates at the intersection of trade law and public policy to advocate for clients where trade policy is debated and established—in the halls of Congress and before Executive Branch agencies.
  • In February of this year, former Assistant United States Trade Representative for Labor Affairs, Joshua Kagan, joined the firm .

New AARP Pennsylvania Poll: Voters 50+ Could Tip the Scales in 2024

Retrieved on: 
Tuesday, May 7, 2024

HARRISBURG, Pa., May 7, 2024 /PRNewswire/ -- Today, AARP Pennsylvania released a 2024 statewide election survey that shows candidates for President, U.S. Senate, and state races should pay close attention to Pennsylvanians ages 50 and older. Eighty-percent of voters ages 50+ report that candidates' positions on Social Security are important in deciding whom to vote for in November, followed by Medicare (73%), helping people stay in their homes as they age (69%), and the cost of prescription drugs (67%).

Key Points: 
  • This voting bloc makes up an outsized portion of the electorate: in the 2020 elections, older voters accounted for 55% of all Pennsylvania voters and in the 2022 mid-terms, they made up 62% of the state's voters.
  • Eighty-five percent of voters ages 50+ say they are "extremely motivated" to vote in this election.
  • "Pennsylvania voters over age 50 are a critical voting bloc that all candidates are competing for in this election," said Bill Johnston Walsh, State Director, AARP Pennsylvania.
  • The firms interviewed 1,398 likely Pennsylvania voters, which includes a statewide representative sample of 600 likely voters, with an oversample of 470 likely voters age 50 and older and an additional oversample of 328 Black likely voters age 50 and older, between April 24-30, 2024.

Investment Banks & Hedge Funds Stepping Up Activity in Physical Uranium as Prices Spike

Retrieved on: 
Tuesday, May 7, 2024

PALM BEACH, Fla., May 7, 2024 /PRNewswire/ -- An article from REUTERS on the Uranium markets earlier this year painted a prosperous picture for the global Uranium. The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium and in Goldman's case trading its options as well, five industry and hedge fund sources with knowledge of the deals said. The heightened activity comes as utilities seek new supplies amid shortfalls that have lifted prices to 16-year highs." It continued: "A few hedge funds are also stepping up involvement in both equities and physical uranium, a sign that the metal is starting to broaden its appeal to financial institutions after a decade in the doldrums following the Fukushima nuclear disaster. With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector. A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium. The metal has captured investors' attention after prices doubled over the past year to $102 a pound as top producers Kazatomprom and Cameco cut production guidance because reopened mines that had been mothballed struggled to ramp up production to meet renewed demand." Active mining companies in the markets this week include Stallion Uranium Corp. (OTCQB: STLNF) (TSX-V: STUD), Cameco (NYSE: CCJ) (TSX: CCO), Denison Mines Corp. (NYSE American: DNN), Uranium Energy Corp (NYSE American: UEC), Baselode Energy Corp. (OTCQB: BSENF) (TSX-V: FIND).

Key Points: 
  • The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike.
  • With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector.
  • A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium.
  • Goldman Sachs has started writing options on physical uranium for hedge funds , the first time it has created a derivative for the metal."

Investment Banks & Hedge Funds Stepping Up Activity in Physical Uranium as Prices Spike

Retrieved on: 
Tuesday, May 7, 2024

PALM BEACH, Fla., May 7, 2024 /PRNewswire/ -- An article from REUTERS on the Uranium markets earlier this year painted a prosperous picture for the global Uranium. The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike. While many other investment banks are still avoiding uranium, Goldman and Macquarie are boosting trading in physical uranium and in Goldman's case trading its options as well, five industry and hedge fund sources with knowledge of the deals said. The heightened activity comes as utilities seek new supplies amid shortfalls that have lifted prices to 16-year highs." It continued: "A few hedge funds are also stepping up involvement in both equities and physical uranium, a sign that the metal is starting to broaden its appeal to financial institutions after a decade in the doldrums following the Fukushima nuclear disaster. With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector. A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium. The metal has captured investors' attention after prices doubled over the past year to $102 a pound as top producers Kazatomprom and Cameco cut production guidance because reopened mines that had been mothballed struggled to ramp up production to meet renewed demand." Active mining companies in the markets this week include Stallion Uranium Corp. (OTCQB: STLNF) (TSX-V: STUD), Cameco (NYSE: CCJ) (TSX: CCO), Denison Mines Corp. (NYSE American: DNN), Uranium Energy Corp (NYSE American: UEC), Baselode Energy Corp. (OTCQB: BSENF) (TSX-V: FIND).

Key Points: 
  • The report said: "Investment banks Goldman Sachs and Macquarie as well as some hedge funds are positioning themselves to reap the benefits of a newly buoyant uranium sector as prices of the nuclear fuel ingredient spike.
  • With the headlines and positive momentum in nuclear more generally, hedge funds and other commodity investors are back in the (uranium) sector.
  • A lot of it is done via physical funds, the easiest way to get exposure to uranium prices," said Bram Vanderelst at trading firm Curzon Uranium.
  • Goldman Sachs has started writing options on physical uranium for hedge funds , the first time it has created a derivative for the metal."

Neo4j Awards Technology Grant to Syracuse University for Mapping Misinformation Trends in 2024 U.S. Elections with Knowledge Graphs

Retrieved on: 
Tuesday, May 7, 2024

SAN MATEO, Calif., May 7, 2024 /PRNewswire/ -- Neo4j®, the world's leading graph database and analytics company, today announced a $250,000 research grant and licensed use of its software to Syracuse University's Institute for Democracy, Journalism and Citizenship (IDJC). The grant supports the university's yearlong research initiative to identify and map misinformation campaigns and their sources with the potential to mislead voters' decisions in the U.S. 2024 elections.

Key Points: 
  • The grant supports the university's yearlong research initiative to identify and map misinformation campaigns and their sources with the potential to mislead voters' decisions in the U.S. 2024 elections.
  • The research project is led by Professor Jennifer Stromer-Galley , senior associate dean at Syracuse University's School of Information Studies and a nationally recognized expert in political campaigns and misinformation.
  • NBC used Neo4j to uncover Russian interference in the 2016 election ; and computational journalists used Neo4j knowledge graphs to support fact-based reporting in the 2020 election.
  • Syracuse University's IDJC ElectionGraph and its findings are independent and proprietary to Syracuse University and the IDJC.