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The broker who says small firms have to come up with big solutions

first_imgMonday 3 January 2011 10:53 pm KCS-content The conventional wisdom is that it is next to impossible for small firms to raise cash, but Phil Adams, chief executive at independent investment broker Altium, says that the picture is more complicated than that.“It is pretty straightforward to raise cash if you are a well-run high-growth firm expanding by around 15 per cent a year,” says the 43-year-old banker from Liverpool. “But it is harder now if you have a speculative venture or are a start up.”Adams, sitting in the firm’s bright wood-panelled ground-floor meeting room in St James’s Square, adds: “Investors also like to seem a firm that has some exposure to the fast growing markets in Asia or the Middle East. This is because the perception is that the UK and Europe will undergo years of low growth.”The banker, who caters for small and mid cap firms, adds that life in the retail industry “will remain tough” over the year ahead. However, he sees a lot of investor appetite for green energy companies or businesses with a strong ecommerce element. And indeed his bank is investing in these areas by hiring analysts and other staff to work in these sectors.Altium is a mid cap investment bank that raises cash for firms with market capitalisations of between £50m to £250m. It raised £26.5m to take restaurant chain Carluccio’s onto Aim in 2008, and advised on the £178m management buyout of drug maker Goldshield last year.The bank, which was originally created as the finance arm of private equity house Apax Partners in the early 1980s, is retained by 35 clients – including Domino’s Pizza, Irn Bru-maker AG Barr, and retailer Mulberry – and can also offer them financial modelling and debt and turnaround advice. The bank has a regional office in Manchester, and a number of European in cities such as Zurich, Munich, Madrid and Milan. Adams says the firm, which is owned by its 140 employees, turns in sales of £35m a year “in a bull market.” This dropped to around £20m in 2010, in the wake of the financial crisis, when lucrative initial public offerings (IPOs) for banks remained way off the levels seen during the boom just four years ago.Currently, the bank’s business is spilt evenly between its securities and corporate finance arms, but when cash was freer five years ago this split was two thirds/one third in favour of the securities side of the business. The banking industry, particularly at the mid cap level, is living on nervous energy, waiting for the return of the IPO market. This is because the retainers mid cap stockbrokers are paid by clients are quite small, but are accepted on the understanding that they will be allowed to take part when the firm wants to raise some cash. “We operate on success-based fees,” says Adams. “If a deal does not go ahead, we do not make any fees.”The boom times at the start of the decade allowed over 140 brokers to grow up around the Aim market alone. Many observers expected a wave of failures and consolidations in this area after the credit crunch. This has not happened, partly because of the egos and the different cultures that abound between the various brokers, making consolidation painfully hard. But there is another, more prosaic reason: a fundraising brings so much cash into a brokerage it can often survive on this cash for extended periods.Adams says: “The market is overbrokered. There is room for consolidation, but there is not much of it about. It is amazing how weaker houses can keep going. IPOs are superprofits. Firms can keep going on the back of these, even though there are fewer of them around.” Altium was itself the subject of intense merger speculation in 2007, when it came close to a deal with City rival Arden Partners. “We had reasonably meaningful discussions,” Adams admits. “But they came to nothing.” He now says that although they get approaches “the business is very much not for sale.”As an example of how weak the IPO market has been, Adams says his firm has handled 10 public-to-private deals in the last 12 months alone. He says: “You don’t see a lot of public-to-private deals when the IPO market is strong.”However, flotations at the lower end of the market may take some time to come back as investors become more discerning. During the boom years for Aim IPOs throughout much of the last decade, a number of firms came to market with leaky business models and inadequate corporate governance. Some investors paid the price. Adams admits: “A lot of stuff went out on Aim that was not of the right quality.” Some of the firms traditionally operating in the small-cap arena – the likes of Collins Stewart, Numis or Evolution – have reacted to this by trying to take on the bigger investment banks in a bid to attract blue chip clients. Collins Stewart, for instance, became the broker to its FTSE 100 client goldminer Randgold Resources in November. But Adams says Altium has instead tried to cover more of the mid cap area it already occupies. Over the last two years the business has began for the first time to raise cash for other funds, and to move into money management for wealth funds. The business has also spent the last several months trying to get approval to open offices in the Middle East.Adams says: “We have hired a guy out there and he and his team have been working on regulatory approval. We expect this to happen in the first half of next year. This will then allow us to get to the sovereign and family wealth funds out there to raise cash.”The days of IPO superprofits may be off the agenda for a while, but Adams says investors are still willing to lend cash to resourceful companies with strong business plans. He also adds: “Private equity is back in the market strongly, and are paying good prices for firms.”The figures seem to back Adams up. Last year 164 deals were completed worth £18.2bn, compared with just £4.7bn from 122 deals in 2009, according to the Centre for Management Buy-out Research, which is sponsored by Ernst & Young and Barclays Private Equity. The largest buyout deal in the UK was the £2.9bn public-to-private buyout of engineering company Tomkins by US private equity group Onex, but a flurry of smaller deals came underneath that.Sales are undoubtedly being made, but these are still way off their 2007 levels. At the beginning of 2011 the signs are that investors are not ready to swallow the riskier investments they thought little of just four years ago. The City shall soon find out whether this changes as the year progresses.CV | PHIL ADAMSAge: 43Work: Arthur Andersen as a chartered accountant for four years until 1995; joined Apax (as it was called then) in 1996; ran the firm’s Manchester office from 2002 to 2007; became UK chief executive in 2007; became group chief executive in October 2010Education: Nottingham University, where he read Classics Family: Married, four children Lives: Family home in Manchester, Hale and spends three to four days a week in London at the Landsdown HotelHobbies: Liverpool FC, tennis, running The broker who says small firms have to come up with big solutions Sharecenter_img whatsapp whatsapp Show Comments ▼ Tags: NULLlast_img read more

WV sports betting revenue reaches $13.8m in first half

first_img Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter WV sports betting revenue reaches $13.8m in first half Sports betting revenue in West Virginia amounted to $13.8m (£10.5m/€12.4m) in the first six months of the state’s fiscal year, with retail the primary source of income for licensed operators.Consumers spent a total of $144.5m and won $128.7m during the period, which included the six days to the start of the fiscal year on July 1. The reporting period ran for six months through to December 28, 2019.Retail was responsible for $9.1m of overall sports wagering revenue during the period, with players spending $87.8m and winning $76.8m.Mobile revenue stood at $5.0m for the six months, which returned to West Virginia in August 2019, when FanDuel rolled out a new app in partnership with The Greenbrier, closely followed by DraftKings.The mobile market had remained dormant as a result of the dispute between Delaware North and Miomni Gaming. Delaware North’s BetLucky app, powered by Miomni, went offline less than two months after launching in December 2018.Read the full story on iGB North America.Image: Nicolas Raymond Regions: US West Virginia 8th January 2020 | By contenteditorcenter_img Finance Sports betting revenue in West Virginia amounted to $13.8m in the first six months of the state’s fiscal year, with retail the primary source of income for licensed operators. Topics: Finance Sports betting Email Addresslast_img read more

Atemi sees revenue and NDCs climb in Q1

first_img Performance marketing specialist Atemi has reported a year-on-year rise in revenue and new depositing customers (NDCs) during the first quarter, while the business is forecasting forecast further growth in Q2 despite the ongoing novel coronavirus (Covid-19) pandemic. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Finance Atemi sees revenue and NDCs climb in Q1 Email Address Performance marketing specialist Atemi has reported a year-on-year rise in revenue and new depositing customers (NDCs) during the first quarter, while the business is forecasting forecast further growth in Q2 despite the ongoing novel coronavirus (Covid-19) pandemic.Revenue in the three months to 31 March amounted to $11.7m (£9.5m/€10.6m), which Atemi said was an increase of 54% on the same period last year.Atemi also saw a 74% year-on-year increase in NDCs for the first quarter, saying that while its was impacted by the pandemic, it was not relaiant on sports wagering traffic, allowing the business to grow.As such, Atemi said it expects growth to continue into the second quarter, with its founder Richard Skelhorn adding that this should continue in the second half of the year as sporting schedules start to return to normal.“We’re pleased with another amazing quarter,” Skelhorn said. “We continue to operate and grow without taking on debt obligations and we are really fortunate not to rely on sporting events or large content teams at this particular time.”In March, Atemi said that despite the global outbreak of coronavirus, it would guarantee every staff member’s role and pay, going as far as to offer support if spouses or partners are laid off.“We want to ensure our team are 100% not reliant on government subsidies or public transportation and feel healthy and financially secure,” Skelhorn said.“Additionally we have added to our HR recruitment team as we look to scale up our product development, software engineering and marketing efforts at a time when other companies are releasing high quality talent.”Looking ahead to the third and fourth quarters, Skelhorn said that in addition to incremental growth in sports betting, assuming events and competitions return to normal, non-gaming projects would diversyify the business’ revenue streams. These initiatives include new global partnerships with Amazon and Disney+.“Our goal was to break $50m in revenue this year and we still believe in this target despite the challenges the world faces,” he said. “We continue to deliver the highest quality players to our clients globally and more operators each month realize Atemi is at the very top of the value chain and leading the market in regulatory compliance.”center_img Topics: Finance Marketing & affiliates Subscribe to the iGaming newsletter Tags: Online Gambling 19th May 2020 | By contenteditorlast_img read more

IPL 2020 : Mayank Aggarwal ‘extremely hurt’ with defeat to Delhi…

first_img DC vs PBKS in IPL 2021: Mayank Agarwal smashes brutal half-century to pulverize Delhi Capitals at Wankhede Stadium Kings XI Punjab needed just one run off three balls against Delhi Capitals with set batsman Mayank Agarwal at the crease.99% of the time teams batting will easily achieve the target – But KingsXI Punjab lost to Delhi Capitals. IPL 2020 : Mayank Aggarwal ‘extremely hurt’ with defeat to Delhi Capitals in IPL 2020 Facebook Twitter Football PUBG Mobile – Krafton IPO: PUBG Mobile promoters Krafton ready to break all records, aims 5 billion IPO Cricket Cricket Esports Cricket WTC Final Day 3 LIVE Score: Latham, Conway frustrate India bowlers; NZ 60/0 (31 ovs)- Follow Live Updates by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeCapital One ShoppingThis hack can uncover JOANN discounts you don’t know aboutCapital One ShoppingMicrosoftBring your desktop to life with Bing WallpaperMicrosoftE! OnlineTLC’s So Freaking Cheap Takes Penny-Pinching to the ExtremeE! OnlineThe equation came down to one off two balls when Mayank sliced a full toss to the fielder positioned at backward point. Chris Jordan then flicked Marcus Stoinis straight to the man at short square-leg, with the game ending in a pulsating tie. Eventually, DC went on to clinch the thriller in the Super-Over.It turned out to be a bittersweet day for Mayank. Despite KXIP suffering a collapse, Mayank had held the innings together and also upped the ante at the right time. However, with KXIP at the doorstep of victory, he found the lone fielder positioned square of the wicket on the off-side.“I think we had a tough day,” Mayank was quoted as saying by KXIP TV. “There are a lot of positives to take out. The way we came back was fantastic, the way we bowled with the new ball was terrific. It really hurts to not close off the game from the situation we were in… feels terrible. This is just the first game… we can get things rolling again, let’s see how we will go in the coming games. I think to play a game like that first up was fantastic. Everyone was up for it, guys really put in the effort.“Definitely, we should have finished the game when we needed one run,” he added.Meanwhile, Marcus Stoinis turned out to be the star performer for DC. He didn’t just power DC from a precariously-placed 96 for 6 to a competitive total, but also bowled the final over of the innings, picking up the wickets of Agarwal and Jordan. One of the key turning points of the game came in the last over of DC’s innings when Stoinis smacked Jordan for two sixes and three boundaries, as the side collected 30 runs in a single over.Speaking to, Stoinis said plan was to initially just go little slow “Actually, spoke to you (Stoinis told Alex Carey) a little bit when you were running the gloves out. We lost a couple of wickets… the plan was with Ricky (Ponting) maybe we thought of targeting 130. Get a total on the board that we can defend… get to the last two overs and see what happens.”With Ravi Ashwin laid low by a shoulder problem, Stoinis had to also bowl the crucial last over. The all-rounder observed that the initial plan was to get Mayank off strike. “I was counting down the bowling. I sort of did the Maths and I knew I had to bowl the last over. So I had to come out with a plan (for) what I had to bowl. The first ball didn’t go to plan. So the initial plan was to get Mayank off strike. That went for six and then the plan had to change quickly. But that was obviously a pretty funny last over. It worked out for us. Obviously KG bowled so well and we only had to chase the three runs (in the Super-Over).” WTC Final: Sunil Gavaskar reacts to Ajinkya Rahane dismissal says, ‘Only explanation is that he was going for his fifty’ Sport News Football YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredFreight & Shipping Quotes | Search AdsResearch & Compare Freight & Shipping QuotesEnjoy Affordable Freight & Shipping Services With These Service ProvidersFreight & Shipping Quotes | Search Ads|SponsoredSponsoredMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStory|SponsoredSponsoredDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsored CricketIndian premier leagueIndian premier league 2020SportSport News RELATED ARTICLESMORE FROM AUTHOR By Kunal Dhyani – September 21, 2020 Share on Facebook Tweet on Twitter Bett1Open 2021 Final: Liudmila Samsonova beat Belinda Bencic to clinch title Cricket PSL 2021 Playoffs LIVE – How to watch Pakistan Super League Playoffs Live Streaming on your Mobile, Laptop Wimbledon 2021 LIVE streaming: When, where and how to watch year’s third Grand Slam’ in you country, India Previous articleBraun Strowman to take on Dabba Kato tonight on WWE RAWNext articleDC vs KXIP IPL 2020: Shreyas Iyer says it was difficult to see game turn in different direction Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. Euro 2020, Italy vs Wales LIVE: Italy kick-off proceedings in Rome; Follow Live Updates, Football PSL 2021 Playoffs Live: How to watch PSL 2021 Playoffs LIVE streaming in your country, India TAGSDC beat KXIPDelhi Capitals beat KingsXI PunjabIndian Premier LeagueIPL 2020Mayank Aggarwal highlights SHARE Euro 2020, Switzerland vs Turkey LIVE: Must-win game for both teams, Kickoff at 9.30PM IST; Follow Live Updates Cricket PSL 2021 Playoffs: Schedule, Timing, LIVE streaming, list of champions; all you need to knowlast_img read more

Universal Insurance Company Plc ( Q32017 Interim Report

first_imgUniversal Insurance Company Plc ( listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2017 interim results for the third quarter.For more information about Universal Insurance Company Plc ( reports, abridged reports, interim earnings results and earnings presentations, visit the Universal Insurance Company Plc ( company page on AfricanFinancials.Document: Universal Insurance Company Plc (  2017 interim results for the third quarter.Company ProfileUniversal Insurance Company Plc is an insurance company in Nigeria licensed to cover all cases of non-life insurance for the individual, commercial and institutional sectors. The company also offers banking products and services as well as risk management services. General insurance products cover motor, property, marine, accidents, engineering and contractors, bond, HCPI, oil and gas, guarantees and indemnities and occupier’s liability insurance. Commercial and institutional products cover all risks associated with the hospitality, construction, logistics, capital markets and real estate sectors as well as financial coverage for accidents, theft, vandalism and motor vehicle collisions. Universal Insurance Company Plc receives reinsurance support from Swiss Reinsurance Company of Zurich. Established in 1961 and formerly known as the Universal Insurance Company Limited (UNISURE), the company changed its name to Universal Insurance Company following its amalgamation with United Trust Assurance Company Limited, Oriental Insurance Company Limited and African Safety Insurance Company Limited. Universal Insurance Plc has operations across the country in the major towns and cities of Nigeria. Its head office is in Lagos, Nigeria. Universal Insurance Company Plc is listed on the Nigerian Stock Exchangelast_img read more

Sale house / Johnston Marklee

first_imgArchDaily Architects: Johnston Marklee Year Completion year of this architecture project Year:  Save this picture!+ 50 Share ShareFacebookTwitterPinterestWhatsappMailOr Clipboard United States Text description provided by the architects. The modestly scaled 2-4-6-8 House characterizes the type of early commissions that launched a generation of Los Angeles architects. With four incrementally scaled windows from which the structure acquired its name, 2-4-6-8 confronts architectural issues prevalent in the 1970s and 80s, from typology and materiality to kit-of-parts building methods and the use of solar power.Save this picture!Recommended ProductsMetallicsKriskadecorMetal Fabric – Outdoor CladdingMetallicsTECU®Copper Surface – Classic CoatedStonesNeolithSintered Stone – Arctic White – Colorfeel CollectionMetallicsStudcoWall Stop Ends – EzyCapThe massing concept of the Sale House originated from a Morphosis drawing that multiplied 2-4-6-8 as identical quadruplets. Repeating and transforming the original volume of 2-4-6-8, a ‘condensed mass’ for the master bedroom mirrors the Morphosis pavilion across ‘excavated void’ of the courtyard. Save this picture!The original element and these two serialized variations are anchored to a rectangular base that contains the main living areas and joins the new and existing structures. By redistributing the outdoor spaces typically devoted to driveways, front and side yards to the internal courtyard, the overall design turns the typical single-family house inside out.Save this picture!The platonic geometry and primary colors of 2-4-6-8 are further transformed and spatialized in the new design. Private rooms in bright pink, turquoise, and yellow-orange are conceived as shaped volumes – serial deviations from the red, blue, and yellow of the studio windows. The white walls of the main living spaces reflect these vibrant colors. Save this picture!The exterior contrasts this vivid palette with the most neutral color available – that of the photographic grey card – to simultaneously contrast and amplify the interior volumes. While light and color dynamically animate the shaped private spaces, shared living spaces are continuous and transparent to the exterior.2’x2′, 4’x4′, 6’x6′, and 8’x8′ apertures in the new house, sized to match those of 2-4-6-8, contrast the inward orientation and compositional stability of the existing structure. Shifted to the volume edges to accommodate circulation and services, these openings reinforce the outward orientation and rotational quality of the new intervention. Within, centralized space is replaced by poché niches at the periphery. A wall of sliding glass doors renders the shared living space continuous with the glass box of the interior courtyard, and the glazed lower-level street façade visually links both spaces with the pedestrian street beyond. Taken together, the courtyard and apertures comprise an ideal passive cooling configuration: the courtyard draws fresh air into the base of the house, while the upper windows, puncturing each face of the new volume, expel warm air and promote cross ventilation. Radiant floors provide efficient winter heating.Situated on a pedestrian street with vehicular access limited to the rear alley, the design responds to the evolving nature of the Venice walk-streets. With land values in the area far exceeding the value of the original structures, many of these turn-of-the-century bungalows are nearing the end of their life spans. The Sale House offers a unique, well-scaled alternative appropriate to the neighborhood and the climate.Project gallerySee allShow lessIwan BaanArticlesGerardo Molina School / Giancarlo MazzantiSelected Projects Share “COPY” CopyHouses•Los Angeles, United States “COPY” Houses 2004 CopyAbout this officeJohnston MarkleeOfficeFollowProductsGlassConcreteBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesLos AngelesHousesUnited StatesPublished on November 12, 2008Cite: “Sale house / Johnston Marklee” 12 Nov 2008. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPartitionsSkyfoldVertically Folding Operable Walls – Classic™ SeriesVinyl Walls3MArchitectural Finishes DI-NOC in Ned Ludd Public HouseShower ColumnshansgroheOverhead ShowersWindowsKalwall®Kalwall® in Featherstone High SchoolLightsLouis PoulsenLamps – LP Slim BoxSealantsEffisusBi-adhesive Tape – 2BondDSConcrete FloorsSikaIndustrial Floor CoatingsPlantersJakobGreen Walls – GreenKitUrban ApplicationsPunto DesignPunto Benches and Litter Bins in Public Space ImprovementsPaintKEIMMineral Paint for Concrete – KEIM Concretal®-WArmchairs / Couches / Futons / PoufsFreifrauArmchair High – MarlaAcousticBASWA acousticThermal-Acoustic System – BASWA CoreMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?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 stream Projects ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Sale house / Johnston Marklee Sale house / Johnston MarkleeSave this projectSaveSale house / Johnston Markleelast_img read more

Battersea Dogs Home Web site reviewed by New Media Age

first_imgBattersea Dogs Home Web site reviewed by New Media Age Howard Lake | 18 July 2002 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  12 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis 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 Researching massive growth in giving. The agencies behind the site are Reven and Torchbox. New Media Age awards Web site of the Week accolade to the Battersea Dogs Home.Battersea Dogs Home’s Web site is Site of the Week in this week’s New Media Age magazine. Reviewer Chris Dillabough thinks that “form mirros content perfectly on this simple, colourful, comprehensive site.”The site scores 23/25 for content, 21/25 for usability, and 20/25 for branding. However it scores a less impressive 16/25 for monetisation. Advertisementlast_img read more

More Labor Day 2017: When we fight, we win!

first_imgLos AngelesOn Labor Day 2017, along with traditional union parades, workers in U.S. cities from coast to coast held direct actions supporting the fight for $15/hour and calling for unionization of low-wage workers. Demands were raised for equal pay, especially for Black women workers who receive the lowest wages while facing rampant racism. Opposition to the elimination of DACA was heard in cities with larger immigrant workforces.In Buffalo, N.Y., Buffalo Democratic Socialists of America, Buffalo Roja y Negra, Black Lives Matter and Workers World Party-Buffalo joined with Food and Commercial Workers/ on a picket at McDonald’s in solidarity with low-wage workers fighting for what’s theirs — the right to $15/hour and a union. Together they marched to take their history-changing place as one of the leading contingents in the Labor Day parade held by the Buffalo Central Labor Council on Sept. 4.— Ellie DorritieBuffalo, N.Y.A Chicago South Side rally on Sept. 4 organized by BYP 100 honored the too-often-overlooked contributions of Black women and femmes to the struggle for economic and social justice. The demonstrators then marched to Oak Woods Cemetery and the burial site of famed civil rights fighter Ida B. Wells — which is marked by only a small, nondescript gravestone — and demanded that a properly respectful monument to Wells replace the insulting federal monument to pro-slavery soldiers that currently mars the cemetery.— Jeff SorelDetroitMembers of the #D15 coalition assembled for Labor Day before dawn Sept. 3 in Detroit’s rapidly gentrifying New Center area. Their march began outside of an old McDonald’s, nestled between new condo developments. As the day broke, they marched toward Henry Ford Hospital, whose food service jobs were the subject of their latest campaign. The #D15 coalition is composed of low-wage workers, clergy and Service Employees Union organizers from national campaign #fightforfifteen. They all united around one campaign: “$15 and a union!”SEIU International Secretary-Treasurer Gerry Hudson made a striking comparison between the appallingly low wages in Detroit and those in other areas. “We got organizers here from California, from New York, from all over the country, here in Detroit. It’s a damn shame that in the heartland of labor, brothers and sisters at this hospital are making $9 an hour.“We got a brother from LA who is making $27 an hour working as a home health care aide, and why is it that he’s making $27 an hour? Is it because he’s got a generous employer? Is it because he works harder? Is it because one of the bosses likes him? No! It’s because UHW [United Healthcare Workers] is one of the strongest unions in the country. That’s why he’s making $27 an hour!”After that rally dispersed, the participants regrouped at Detroit’s 20,000- strong Labor Day parade. Democratic hopefuls made appearances at both rallies, saying they had the workers’ backs. But the workers know that with or without the corporate Democrats’ help, the struggle is up to them. They summed it up with the chant, “When we fight, we win!”— Tyler VosgerchianDuring the early morning hours of ­Labor Day in Los Angeles, Workers World Party members joined in solidarity with McDonald’s fast food workers demanding a $15-an-hour wage. Around 1,500 people demonstrated, and numerous speakers described the day-to-day exploitation of workers.— Timothy BluittFacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

2020/21 NFL Exit Interviews – NFC East

first_imgLinkedin Episode 254 – Super League: A super bad idea Facebook TCU News Now 4/28/2021 printJack and Noah continue our 2020/21 NFL Exit Interview series with the NFC East, highlighting the regular seasons, postseasons, and a 2021 NFL Draft preview of the Washington Football Team, New York Giants, Dallas Cowboys, and Philadelphia Eagles. Follow us @BlanketCovPod on Twitter and @blanketcoveragepodcast on Instagram for more news and updates!Timestamps:0:00-9:20 – NFL Updates9:20-20:50 – Washington Football Team20:50-30:25 – New York Giants30:25-37:25 – Dallas Cowboys37:25-END – Philadelphia Eagles ReddIt Facebook Jack is a junior journalism major and studio art minor from Atlanta, Georgia. He enjoys everything sports and co-runs the Blanket Coverage podcast as well as photographs for TCU360. Jack Wallace Jack Wallace Jack Wallace Previous articleHoroscope: April 24, 2021Next articleHoroscope: April 25, 2021 Jack Wallace RELATED ARTICLESMORE FROM AUTHOR 2020/21 NFL Exit Interviews – NFC West Jack Wallace Twitter Fort Worth’s first community fridge program helps serve vulnerable neighborhoods + posts TAGSblanket coverageDallas Cowboysexit interviewsjack wallaceNew York GiantsnfcNFC EastNFLnoah parkerPhiladelphia Eaglespodcastsport analysissport newssportsWashington Football Team Jack Wallace Twitter ReddIt 2021 NFL Mock Draft (Part 1) Special Linkedin 2021 NFL Mock Draft (Part 1) Special 2020/21 NFL Exit Interviews – NFC Westlast_img read more

Kidnappers of Micah Garen reportedly ready to free him

first_img to go further Sheikh Aws al-Khafaji, an aide of Shiite rebel leader Moqtada al-Sadr, saidjournalist Micah Garen’s kidnappers told him today they would release himafter today’s Friday prayers. Garen said in a video broadcast by thepan-Arab TV station Al-Jazeera that he was being well-treated by hiskidnappers.______________________________________________________________19.05.2004 – Reporters Without Borders calls on rebel leader to obtain journalist’s releaseReporters Without Borders today appealed to Shiite rebel leader Moqtada al-Sadr to help win the release of American journalist Micah Garen from kidnappers who have said they will execute him.”We are horrified at this threat,” the worldwide press freedom organisation said, urging Sadr to use his influence to obtain the release of Garen and his Iraqi translator, Amir Doshe, as he did with British reporter James Brandon, who was freed by kidnappers on 13 August.”Journalists are civilians and their lives must not be used as a means of pressure by various sides in wartime. They must never be taken to represent the government policies of the countries they are citizens of.”Garen and Doshe were kidnapped on 14 August by a group of Iraqi fighters near the southern city of Nasiriya. The pan-Arab TV station Al-Jazeera broadcast a video on 18 August in which the kidnappers threatening to execute Garen if US forces did not pull out of the holy city of Najaf within 48 hours.The kidnappers of Brandon, who works for the British Sunday Telegraph, said on 12 August they would execute him if US troops did not leave Najaf within 24 hours. He was freed the next day after an appeal by Sheikh Akram al-Kaabi, a close aide of Sadr.Marie-Hélène Carleton, Garen’s fiancée, appealed to the kidnappers through Reporters Without Borders on 16 August to free him, saying he was simply doing his job by reporting independently on events in Iraq and also helping to preserve the country’s archaeological heritage.Garen was making a film about cultural history and protection of ancient sites in war zones for his own New York based production company, Four Corners Media, which supplies film, photo and written reports for major US media. Receive email alerts Organisation Iraq : Wave of arrests of journalists covering protests in Iraqi Kurdistan News August 20, 2004 – Updated on January 20, 2016 Kidnappers of Micah Garen reportedly ready to free him RSF_en Help by sharing this information February 15, 2021 Find out more December 28, 2020 Find out more An aide to Shiite rebel leader Moqtada al-Sadr said journalist MicahGaren’s kidnappers told him today they would release him after today’sFriday prayers. Garen, kidnapped in Nasariya on 14 August, has said in avideo broadcast by the TV station Al-Jazeera that he was being well-treatedby his kidnappers, who had earlier threatened to kill him. Follow the news on Iraq Three jailed reporters charged with “undermining national security” News IraqMiddle East – North Africa News IraqMiddle East – North Africa RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” News December 16, 2020 Find out morelast_img read more