A window was broken over the weekend at Surroundings, located at 423 River St. in Manistee. "It was our turn to get robbed last night. There were four of them. Our alarm system alerted us at 3 a.m. Yes, we have lots of video footage. Working with ADT to collect right now," reads a post on Surroundings’ Facebook page. Surroundings reported that all of its "bongs, papers and some other things around the store" were stolen. "Found some of our product they dropped down the street. Looks like they are on foot," reads a comment from the business. Surroundings sells cigars, cigar accessories, glass pipes, candles, incense and unique gifts. Downtown Delights is an ice cream shop that opened in August 2021. "I am incredibly mad that this happened to Downtown Delights," reads a post from owner Tracy Judkins on the Downtown Delights Facebook page. "Not how I imagined the end would be. So thankful to the (Manistee Police Department) for boarding up my windows and doing their best to get in touch with me while I am out of town. If anyone saw anything suspicious on the west end of River Street last night, please report it." Downtown […]

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Giacomo Bagnara What’s Up? (Feb. 19-25) A Precipitous Fall Carlos Watson, the founder of Ozy Media, a digital media start-up that attracted funding from high-profile investors, was arrested by the F.B.I. on Thursday and charged with fraud and aggravated identity theft more than a year after the company announced it was shutting down . In court filings, prosecutors said Mr. Watson had been “engaged in a scheme to defraud Ozy’s potential investors, potential acquirers, lenders and potential lenders” by misrepresenting its audience numbers and financial results. In September 2021, The New York Times wrote about an instance in which a top official at Ozy appeared to have posed as a YouTube executive on a call with Goldman Sachs bankers, assuring them that Ozy’s videos performed well on the platform, when Ozy was trying to raise $40 million. Mr. Watson later identified Samir Rao, the company’s former chief operating officer, as the impersonator. Mr. Rao and Suzee Han, Ozy’s former chief of staff, previously pleaded guilty to related charges. Change at the World Bank The Biden administration tapped Ajay Banga, a former head of Mastercard, to be the next president of the World Bank , a pick aimed at reshaping […]

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Officials roll out welcome banner to receive Chinese travelers at airport New York CNN — Missing Chinese CEO Bao Fan is cooperating in an investigation by “certain authorities in the People’s Republic of China,” his company said in a statement Sunday. Top Chinese investment banker Bao Fan is latest CEO to go missing China Renaissance Holdings Limited, of which Bao is the chairman and CEO, said the company has been trying to locate him and ascertain his status since the announcement he disappeared on February 16 . “The Board would like to reiterate that the business and operations of the Group are continuing normally,” a statement from the company said. “The Company will duly cooperate and assist with any lawful request from the relevant PRC authorities, if and when made.” Bao is not the first business executive to go missing, in a country where they can suddenly and mysteriously disappear. Real estate tycoon Ren Zhiqiang disappeared for several months after he allegedly spoke out against Chinese leader Xi Jinping in 2020. He was then jailed for 18 years. Anbang chairman Wu Xiaohui was reportedly detained by authorities as part of a government investigation. He too was eventually jailed for […]

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The pace of change is only accelerating. Whether a pandemic, recession, or an upturn in the market, these different economic cycles present unique challenges and opportunities for businesses. While recessions or even just dips in the economy tend to impact all sectors, the changes you make now will benefit you in future economic conditions in the way of increasing efficiency, reducing costs and improving legal outcomes. Now is the time for corporate law departments to strengthen their contributions and recognition within their organization as GCs seek new strategies and upgrades to support strategic business objectives. Join our expert panel — sponsored by our friends at Paragon Legal — as they share the opportunities law departments should focus on today in this CLE-eligible webinar. Key Topics Winning strategies to reduce costs and improve legal outcomes Reviewing budget and processes to identify inefficiencies Rethinking staffing and outsourcing model Specific ways savvy law departments can make it all a reality Presenters Presented in partnership with myLawCLE, a leader in continuing legal education. myLawCLE offers over 800 live CLE webinars each year, covering more than 60 practice areas, including trending legal issues, changes in the law, and state specific topics.

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The winter holidays have long been harbingers of chaos for the logistics industry. Typically, volume spikes and tender rejection rates soar ahead of the festivities, leaving shippers scrambling for capacity as shoppers scavenge store shelves for the latest and greatest gifts. Last year’s peak retail season stands apart from previous years in that there wasn’t much of a “peak” at all. The project44 Ocean Container Rollover Index (P44ORI) – which measures the weekly proportion of cargo departing a port on a different vessel than originally scheduled – shows that rollovers have been suppressed on a year-over-year basis for quite some time. Lower rollovers mean fewer shipments are being pushed to later sailings due to packed ships. Generally, this indicates fewer delays, loosening capacity and falling rates. While rollovers did jump slightly around Christmas, they are quickly returning to pre-holiday levels. SONAR’s Outbound Tender Volume Index (OTVI) paints a similar picture in the trucking space. The index measures electronic offers from shippers to truckload carriers on a real-time basis. An increase in OTVI indicates higher volumes and tighter capacity, while a decrease in OTVI points to lower volumes and looser capacity. Outbound volumes fell nearly 30% between December 2021 and […]

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Darren415 Written by Nick Ackerman, co-produced by Stanford Chemist. A version of this article was originally published to members of the CEF/ETF Income Laboratory on February 10th, 2023. Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG ) has moved to a wider discount than when we last took a look at the fund. At that time, the discussion focused on the fund’s distribution cut. As an equity fund, a bear market doesn’t generally yield great results. Thus, the second distribution cut in this fund’s history happened. However, at that time, the discount was still fairly narrow. Now we’ve seen that widen out to a more compelling level. Additionally, since that previous update, the fund has been performing quite well. More recently, volatility has picked back up for equities, but there still was some rebounding since our last update. While the S&P 500 Index isn’t a direct benchmark, it can be used as a way to provide some context of the overall market. ETG has outperformed the broader market since that time on a total return basis. ETG Performance Since Prior Update (Seeking Alpha) These returns reflect the share price, but since we know the discount has widened further, […]

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Mayor Eric Adams and the New York City Department of Small Business Services (SBS) announced the historic $75 million Opportunity Fund on January 23, but it has since been put on hold due to an overwhelming response from more than 10,000 struggling business owners throughout all five boroughs. WikiMedia Creative Commons Since it allowed small business owners to apply for loans ranging from $2,000 to $250,000 while paying a below-market fixed interest rate of 4% — regardless of the loan amount — Mayor Eric Adams dubbed the fund "groundbreaking" at its introduction. The program was designed to provide exceptional resources at a pivotal juncture in the city’s economic recovery. "Small companies helped us survive the pandemic and are driving our nation’s economic resurgence. When the fund was first introduced," Adams declared, "Today, we are giving back". Adams’ Blue Print For Economic Recovery The Opportunity Fund was one of Adams’ "Blueprint for Economic Recovery" and "Small Business Forward" initiatives, which identified over 100 reforms to reduce pandemic-related fines, lengthen cure periods, and eliminate violations for small business owners. It was made possible through a partnership between NYC and Goldman Sachs, Mastercard Center for Inclusive Growth, Community Reinvestment Fund (CRF), and […]

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Scholarship applications are now open through the Inland Empire Community Foundation website . While most of the scholarships available through IECF are awarded through colleges and universities in the region, students also have opportunities to apply directly. Scholarship seekers wishing to apply directly through the Foundation will find the application has been simplified to direct them to all the opportunities for which they are eligible. “It’s an easy process that will allow our students to be eligible for more than one opportunity,” Youth Initiatives manager Denisha Shackleford said. “We have some amazing donors in our two-county region that want to see our students thrive, succeed and come back to work in our region.” Applicants can visit the students page on the IECF website and click on the common application portal. After creating an account, applicants then fill in a single application that includes questions linked to various scholarships. Once the applicant has completed the application, the system will provide them with their qualified opportunities. Applicants should also have their FAFSA paperwork and transcripts available while filling out the form. Students must have a minimum GPA of 2.0 and reside in Riverside County or San Bernardino County. The common application […]

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Following the SANDAG board of directors meeting on Friday, leaders from SANDAG, Metropolitan Transit System (MTS), North County Transit District (NCTD), and the County of San Diego gathered to celebrate the significant milestone of recording more than five million youth rides since the Youth Opportunity Pass (YOP) program began in May 2022. The number of estimated unique youth riders taking transit at least once a month has tripled since April 2022, and more than 40,000 Youth PRONTO cards have been distributed in partnership with schools and community organizations across the county. During Friday’s press conference, SANDAG and San Diego County Chairwoman Nora Vargas expressed the importance of making a commitment to funding the extension of the SANDAG Youth Opportunity Pass pilot program indefinitely. “The Youth Opportunity Pass is not just a free ride; it brings security and stability to the lives of students and youth and removes barriers so they can have access to education, work, and recreational activities that they would not have otherwise,” said Vargas. “Surpassing five million youth transit rides is a huge feat and proof of the success of this initiative. I will continue to advocate, and as I mentioned in the State of the […]

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Digital advancement, data abundance and focus on sustainability are transforming the healthcare landscape. In brief The pandemic brought the need for health sciences companies, healthcare service providers, to fast track their digital transformation journeys. With the rising healthcare cost and shortage of workforce it an urgent need to drive efficacy of care and personalization and ensure better access. Consumers in the future are likely to take full ownership of their own health and become fully empowered to decide the healthcare path “best suited” to them. Shift toward Intelligent Health Ecosystem to deliver personalized health experiences anytime and anywhere Healthcare and life sciences industry practices have changed beyond all recognition over the past century. Yet the rate of change and adoption of digital or virtual care models, which transform the way we manage health, is now accelerating, arguably at an exponential pace. The healthcare clinicians of the future may indeed become medical engineers, they will be trained in artificial intelligence (AI), big data, robotics and other emerging technologies and disciplines. They will remotely manage multiple patients at a distance with the help of artificial intelligence (AI), augmented reality (AR), nanobots and other powerful tools which are already growing rapidly today […]

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