VANCOUVER, British Columbia, Feb. 22, 2023 (GLOBE NEWSWIRE) — Calibre Mining Corp. (TSX: CXB; OTCQX: CXBMF) (“Calibre” or the “Company”) announces financial and operating results for the three months and year ended December 31, 2022. Annual Consolidated Financial Statements and the corresponding Management Discussion & Analysis for the year ended December 31, 2022 can be found at www.sedar.com and the Company’s website, www.calibremining.com . All figures are expressed in U.S. dollars unless otherwise stated. 2022 HIGHLIGHTS Record gold sales of 222,991 ounces grossing $403.1 million in revenue, at an average realized gold price 1 of $1,808/oz; Consolidated Total Cash Costs (“TCC”) 1 of $1,129/oz; Nicaragua $1,065/oz & Nevada $1,405/oz Consolidated All-In Sustaining Costs (“AISC”) 1 of $1,259/oz; Nicaragua $1,154/oz & Nevada $1,421/oz; Generated $96.7 million in cash flow from operations; Adjusted net income 2 of $51.4 million, or $0.12 per share; Pavon Central open pit mining permit was received in Q2, with significant advancement throughout the year resulting in grade driven growth on track for production during Q1, 2023; Eastern Borosi Project (“EBP”) open pit and underground mining permits were received in Q4, with considerable progress made throughout the year setting up for production during Q2, 2023; Significant exploration […]

Click here to view original web page at www.globenewswire.com

American Airlines Group Inc. cut almost 50,000 from its summer schedule as the carrier continues to restrain capacity growth amid an ongoing pilot shortage. The Fort Worth-based carrier reduced its schedule by 5% and will now fly 875,133 flights from May to September, according to aviation data company Cirium. American’s schedule includes 875,133 flights from May to September. The bulk of the cuts occur in June and July, when slashed 19,887 flights and 19,920 flights, respectively. American spokeswoman Andrea Koos said the adjustments to the summer schedule are "in line" with the carrier’s approach to network and schedule planning. American publishes a placeholder schedule 331 days in advance and then makes cuts closer in based on the schedule it intends to operate. “We are now publishing our final schedule approximately 100 days in advance, which is in line with how we adjusted our schedule in 2019 prior to the pandemic," Koos said. "American is proud to offer customers the largest network of any U.S. airline through the summer, with, on average, more than 5,500 daily departures." Customers whose flights may have changed as a result of future schedule changes will have alternate travel options that get them to their […]

Click here to view original web page at www.bizjournals.com

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page . The death of business travel demand might have been greatly overestimated during the pandemic. Bill Gates, at one point, surmised as much as half of business travel demand was permanently killed during the early months of the pandemic. Hotel industry chatter in recent months focused on the idea it was likely 20% off pre-pandemic levels . However, the CEOs of each of the major publicly traded hotel groups in recent weeks reported a rosy picture of business travel. Keith Barr, the CEO of Holiday Inn and InterContinental owner IHG Hotels & Resorts, delivered one of the strongest cases for a full business travel demand recovery Tuesday. Average nightly rates for business travelers already exceed 2019 levels (and they have since March of last year). Occupancy rates for this demand sector are at 98% of 2019 levels, Barr said. “Despite some predictions, business travel is alive and well,” he added. For comparison: Marriott last week […]

Click here to view original web page at thepointsguy.com

From Left to Right: Robert Walsh, JGSC Consultants; Joan McDonald, Westchester County Director of Operations; Bridget Gibbons, Westchester County Office of Economic Development Director; Shari Rosen Ascher, Westchester County Director of Policy & Programs; Emily Saltzman, Deputy Director of Operations; Westchester County Executive George Latimer; Deputy Westchester County Executive, Ken Jenkins. Groundbreaking Public-private Pilot Program to Provide up to $1MM to Strengthen Local Downtown Areas The next phase of Westchester County Office of Economic Development’s Business FIRST Program will focus on downtown improvement and stimulating economic revitalization at the local level. This Pilot Grant Program will help four municipalities reimagine and revitalize their downtown economic engine through a program consisting of professional consulting and up to $250,000 in implementation support. Westchester County Executive George Latimer said: “The Business FIRST Downtown Improvement Grant Program is part of our continued response to listening and responding to the needs of those who do business in Westchester. It will help ensure our businesses and the local communities they help build have the support and resources to remain vibrant and innovative as we look into the future. The key part of this grant is its tailored public-private approach to support each community selected.” Municipalities […]

Click here to view original web page at www.westchestergov.com

More than half a billion dollars could be taken from state coffers if the state’s corporate business tax is allowed to expire at year’s end, fattening the bottom line of already profitable businesses and taking needed money from programs that benefit the average citizen, left-leaning think tank New Jersey Policy Perspective said in a new report. Released Wednesday, the report suggests that allowing the tax to lapse would cost the state “at least $664 million in annual revenue” and only benefits a “select few highly profitable corporations, providing an average tax cut of $5 million to companies with more than $100 million in annual profits.” The report estimates that roughly 70 percent of the corporate tax cut would go to businesses with more than $10 million in annual profits and corporations with more than $100 million in profits would receive the largest tax cut, averaging $4,952,000. While this is something that the group is advocating for, Gov. Phil Murphy has already said that he intends to let the so-called corporate millionaire’s tax expire at the end of the year. That shouldn’t come as a shock though. When Murphy and lawmakers implemented the increase on the corporate business tax in […]

Click here to view original web page at www.northjersey.com

Owners of Urban Roots Tiffany (left) and Jimmie Williams (right). (Photo courtesy of Urban Roots.) Jimmie Williams, owner of social enterprise landscaping and snow removal firm Urban Roots , had his most successful year ever last year. He used that success to hire additional employees and to increase the company’s wages from minimum wage to prevailing wages. “It was really, really humbling to be able to offer our employees – mostly people from underserved communities – a livable wage,” he said. It’s not the first time Williams and his wife Tiffany have used their South Side business to give back to the community. The pair, who have participated in the Polsky Center’s Small Business Growth Program , have a mission to mentor youth and returning citizens – those re-entering society after incarceration – in underserved communities and provide them with steady employment. They have organized Earth Day events at local schools and have helped employees with everything from opening a bank account to learning how to read. “Our brand promise is that we’re committed to improving the economic landscape in underserved communities,” Tiffany Williams said. “We employ, educate and empower our employees.” This dedication is personal for the childhood […]

Click here to view original web page at polsky.uchicago.edu

Under Secretary of State for Economic Growth, Energy, and the Environment Jose W. Fernandez participated in I2U2 (Israel, India, the UAE, and the United States) initiative’s inaugural business forum, hosted in Abu Dhabi by UAE Minister of State H.E. Ahmed bin Ali Al Sayegh on February 22, 2023. The forum convened senior government officials, including Director General of Israel’s Ministry of Foreign Affairs Ronen Levi and the Economic Relations Secretary of India’s Ministry of External Affairs Dammu Ravi, with business leaders and other private-sector stakeholders to spearhead business-to-business cooperation. Under Secretary Fernandez also met with senior Emirati officials to discuss cooperation on climate and clean energy action, food security, and other shared economic priorities – notably ahead of the UAE hosting COP28 in November 2023. During the business forum, I2U2 leadership discussed opportunities to advance multi-regional cooperation and investment opportunities to address some of the regions’ most pressing issues, including management of the energy crisis and food insecurity. Public and private-sector representatives gathered to strategize on how to best promote prosperity across the region. Our commitment to overcome collective challenges and deepen coordination with I2U2 continues to serve as a regional model to support investments and initiatives to improve […]

Click here to view original web page at www.state.gov

Jim Nelson in front of a Smartboard CARBONDALE, Ill. — Could your job hinge on decisions made via the use of artificial intelligence? Recent polls indicate that may be the case. Jim Nelson , Rehn Professor of Business Analytics, coordinator of the analytics program in Southern Illinois University Carbondale’s College of Business and Analytics and the director of its Pontikes Center for Advanced Analytics and Artificial Intelligence , says managers need to be careful using AI and big data in making layoff and hiring decisions. “Artificial intelligence is a wonderful tool, and like any tool, it can be dangerous when not used properly,” said Nelson, who can be reached at nelson.j@business.siu.edu . “It’s only as good as the questions put to it and the data used to train it. Bad data inevitably leads to bad results. It’s great at giving recommendations using, if allowed, vast amounts of big data – far more than humans alone can possibly process. But the output still needs the ‘human touch’ to make sure something important hasn’t been left out of the decision-making process.” Nelson has more than 30 years of teaching and research in the field of analytics and artificial intelligence coupled with […]

Click here to view original web page at www.wsiu.org

Cultivating critical thinking skills should be a top priority for any business that wants to succeed in today’s complex and rapidly changing world. According to the World Economic Forum, “analytical thinking, creativity, and flexibility will be among the most sought-after skills” by 2025, yet few companies invest in such training. Critical thinking is an essential skill that enables individuals to analyze, evaluate, and synthesize information to make informed decisions. In today’s fast-paced, complex, and dynamic work environment, critical thinking is more critical than ever before. It is crucial for organizations to prioritize critical thinking skills among their employees to make well-informed decisions and stay ahead in the competitive market. Critical thinking skills are needed in every business today. getty Rapid technological advancements, globalization, and economic uncertainties have created complex challenges for most businesses. Critical thinking skills are essential to successfully navigating this complexity and uncertainty. Critical thinkers can examine challenges and opportunities three-dimensionally in the broader business context, and they can analyze relevant information to develop a plan of action to address it. Critical thinking enables employees to consider multiple perspectives and potential outcomes of different decisions, leading to better choices that are more likely to succeed. The ability […]

Click here to view original web page at www.forbes.com

PAULDING COUNTY, Ga. — A Paulding County business says they’ve been the victim of check fraud, but are having a hard time convincing one bank that identity thieves are the ones who opened an account in their name. Business owners told Channel 2 consumer investigator Justin Gray that for three months thy got deposit tickets and back statements in the mail for a checking account opened by thieves and funded by money stolen from them. Mark Verrone has owned paper products distributor Metro Bag for 27 years, but has never worried about checks being stolen out of the mail. “It caught us off guard, to be honest with you,” Verrone said. Last Fall, they say thieves stole both outgoing and incoming mail. Metro Bag checks were stolen and washed. Checks from customers to the company were also stolen. “It’s tens of thousands of dollars of our money that’s stolen and it’s our money. It’s how we operate our business, and it becomes a struggle to pay bills if we don’t have that money,” Verrone explained. TRENDING STORIES: Metro Bag’s bank and several other banks quickly caught and fixed thousands of dollars in fraud, but now Verrone gets a statement […]

Click here to view original web page at www.wsbtv.com