Play is an important part of children’s learning and development. While it generally evokes a picture of a small child running, jumping, and shouting, the benefits that play offers in promoting early development and better health outcomes extend far beyond childhood. In fact, playful learning—an area of research that examines how children learn best through playful exchanges—shares many of the same core foundations as the study of intergenerational learning—a body of research involving older and younger generations coming together in the service of mutually-beneficial learning experiences. As the COVID-19 pandemic introduced new layers to our understanding of the importance of social connection for a range of outcomes, researchers have an opportunity to look to the future of the playful learning and intergenerational learning movements together—what they share and how they can be leveraged jointly to support social interactions that foster well-being throughout life. Playful Learning Landscapes support enriching interactions and promote learning As a natural medium for fostering rich interactions, play creates opportunities for children to develop language skills , engage in collaboration , test theories about how the world works, and even develop better self-regulation . Child development experts, recreation and play professionals, and educators have long examined […]
DOE Announces $47 Million Funding Opportunity to Develop Affordable Clean Energy Technologies
The US Department of Energy’s (DOE’s) Office of Energy Efficiency and Renewable Energy (EERE) issued a funding opportunity announcement (FOA) on January 27, 2023, on behalf of the Hydrogen and Fuel Cell Technologies Office that makes available $47 million to support the research, development, and demonstration of affordable hydrogen and fuel cell technologies. The FOA further advances the Biden administration’s goals to achieve carbon pollution-free electricity by 2035 and to achieve net-zero emissions by 2050. It also supports the goals of the H2@Scale Initiative, which aims to advance affordable hydrogen production, transport, storage, and utilization, and aligns with DOE’s Hydrogen Shot, which targets affordable clean hydrogen production at $1/kg within the decade. As expected, the FOA targets four topics of interest that are critical to enabling the use of clean hydrogen across sectors, particularly in medium-duty and heavy-duty (MD/HD) vehicles and other heavy-duty transportation applications. Topic 1: Hydrogen Carrier Development This topic seeks applications for the research and development (R&D) of novel hydrogen carriers, which offer a unique storage and delivery methodology that can circumvent some of the challenges associated with conventional compressed gas or liquid hydrogen (LH2) (e.g., the need for compression and high costs of infrastructure for […]
Bain & Company’s Global M&A Report sees opportunity for bold moves in an uncertain 2023 market
Bain’s fifth annual Global M&A Report examines the ups and downs in 2022 and what to expect in 2023 BOSTON, Jan. 31, 2023 /PRNewswire/ — Bain & Company’s 5th annual Global Mergers & Acquisitions Report , published today, reveals that corporate executives looking ahead to 2023 remain confident in M&A’s role in value creation. While M&A value dropped dramatically in 2022, a loss of 36% in deal value, Bain’s report confirms that deal activity continues to be a central corporate strategy for growth and profitability. The report points to a survey of nearly 300 M&A executives, conducted by Bain in October 2022, who shared that they anticipate closing a similar number of deals if not more this year. The surveyed executives express confidence in dealmaking’s ability to create value, reporting that nearly two-thirds of acquisitions completed in the previous three years have met or exceeded expectations. Bain’s research shows that strategic deal value declined more quickly than strategic deal volume. Median strategic deal multiples fell to a 10-year low of 11.9x in 2022, off an all-time high in 2021. The decline in deal multiples, coupled with a mid-year pause of mega-deals, explains the relatively large drop in deal volume […]
Housing sector to give us growth engine and opportunity: Kapish Jain, IIFL Finance
If you see in detail you realise that NII has expanded. We have been able to pass-on the rate hikes which happened in the last few quarters and that has been passed on to both our home loan customers, the mortgage finance customers and some bit on the gold finance as well. As we use those numbers there is some credit cost which is coming in this particular fiscal but going forward we should be keeping ourselves on a credit cost range of around 1.5% to 2%. "In the coming quarters there could still be some marginal hikes which can come in because of the way market will behave whether it is on the banks MCLR sides or on the repo side. If need be we will do some kind of a pass on or ensure that we are managing our NIMs ," says Kapish Jain , CFO, IIFL Finance . Firstly on to the NII expansion, it is largely muted despite strong interest income growth how quickly is your asset side going to get reprised as per you? If you see in detail you realise that NII has expanded. We have been able to pass-on the rate hikes […]
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Defense Business Brief: Hyten sets up shop in the private sector; Ranking the top 6 defense companies; DARPA wraps hypersonic weapon project; and more.
U.S. Air Force Gen. John Hyten arrives for testimony before the Senate Armed Services Committee on his appointment as the next vice chairman of the Joint Chiefs of Staff on July 30, 2019. By Marcus Weisgerber As the vice chairman of the Joint Chiefs, John Hyten worked to streamline the military’s requirements process , to speed up the process. Now more than a year into retirement, he’s working to help commercial companies break into the defense sector. “It’s frustrating for a commercial company to figure out how to do business [with the Pentagon], but if we don’t win the artificial intelligence race, and we don’t win the quantum race, we’re in a world of hurt as a country,” Hyten said in an interview. Since retiring in November 2021, Hyten said he preferred to work with “more non-traditional companies—companies that are going fast.“ “I chose people that understand the need to go fast [and] understand the need for national security, but also have a commercial focus,” he said. Hyten recently joined Pallas Advisors, the consulting firm founded by Sally Donnelly and Tony DeMartino, aides to former Defense Secretary Jim Mattis, which reps a number of defense startups and also has […]
NXP Semiconductors Tops Views On Automotive Chip Sales Growth
NXP Semiconductors ( NXPI ) late Monday beat estimates for the fourth quarter thanks to a surge in automotive chip sales. But it set its outlook lower for the current period. NXPI stock slid in extended trading. The Dutch chipmaker earned an adjusted $3.73 a share on sales of $3.31 billion in the December quarter. Analysts polled by FactSet had expected NXP to earn $3.64 a share on sales of $3.3 billion. On a year-over-year basis, NXP earnings rose 17% while sales climbed 9%. In the fourth quarter, NXP’s automotive chip sales jumped 17% to nearly $1.81 billion. However, industrial chip sales dropped 8% to $605 million. Meanwhile, mobile chip sales increased 9% and communications infrastructure chips advanced 8% in the quarter. Plus, What New Features And Tools Did Brokers Add Last Year To Help Investors Handle The Brutal Bear Market? For the current quarter, NXP forecasts adjusted earnings of $3.01 a share on sales of $3 billion. That’s based on the midpoint of its outlook. Wall Street had predicted earnings of $3.14 a share on sales of $3.17 billion in the first quarter. NXPI Stock Drops On Weak Outlook In after-hours trading on the stock market today , […]
India’s Century Textiles Q3 profit drops as subdued textile business weighs
BENGALURU, Jan 31 (Reuters) – Century Textiles and Industries Ltd (CNTY.NS) , the flagship company of India’s Aditya Birla Group, reported a 38% drop in third-quarter profit on Tuesday, due to weakness in its textile business and stagnant losses in its real estate unit. The company’s consolidated net profit fell to 87.2 million rupees ($1.1 million) in the three months ended Dec. 31 from 141.5 million rupees a year ago. Home textile business revenue at its textile unit Birla Century fell 9% to 2.50 billion rupees, accounting for about 22% of total revenue. The company said higher input prices led to sales volatility of garments and fabrics, adding that while demand in its domestic markets were stable, exports took a hit amid recessionary concerns. About three-quarters of the Mumbai-based company’s total revenue comes from its pulp and paper business, where sales rose 18.1% in the quarter. That helped consolidated sales increase nearly 10% to 11.50 billion rupees. Shares of the company fell sharply after the results were announced but were last up about 5%. While revenue in the Birla Estates business rose nearly 5% from a year ago due to new projects in Mumbai and Bengaluru, its loss widened […]
Why Launch A New Business In A Recession? Why Not?
Ready to roll in a recession getty Starting a business during a downturn can be nerve-wracking, yet some of the most famous brands were launched during an economic crisis. Airbnb and Uber began trading during the 2008 global financial crisis; Burger King opened its doors in 1953 when the U.S. was in recession, while Hewlett-Packard was founded in a Palo Alto garage in 1939 during the Great Depression. With the R-word threatening to rear its head again, the key question is why? According to John Mullins , associate professor of management practice at London Business School and author of ‘ Break the Rules! The Six Counter–Conventional Mindsets of Entrepreneurs That Can Help Anyone Change the World ’, there are three key reasons. He says: “Firstly, during or in anticipation of economic downturns, as we are seeing today, large companies are cutting costs and reeling in their ambitions, which means less innovation and less competition for others who innovate. Secondly, many of the resources a startup needs, people, real estate, etc., become more plentiful and cheaper. Third, entrepreneurs with great business ideas are probably more inclined to think, why not give that good idea a go?” That was the reasoning […]
Business owner discovers his energy supplier was switched after his bill goes up
Copy This Embed Code: Ad BALTIMORE — In Maryland, consumers have the power to choose who supplies their gas and electricity. This de-regulation is supposed to promote competition by allowing customers to shop around for better prices, but an Annapolis business owner said this backfired when his employee switched their service without his knowledge. It started with a collection notice from a company called SFE Energy. “I’ve never heard of this company before in my life. We’ve been with BGE for 30 years,” said George Criswell, president of Criswell Acura. Criswell ignored the bill at first. “I thought it was a fake bill, we get fake bills in the mail pretty often, so I put ‘do not pay,’ put it aside. I started thinking about it a few days later and then I started Googling it – where is this bill coming from? Who are these people?” said Criswell. He asked his employees, and a worker in accounts payable recognized the name. She claimed to have authorization to change the supplier and signed a contract in June. The locked in rate was 14.03 cents per kilowatt hour for 4 years. The rate is slightly lower than BGE’s peak rate […]
Marshall Denney Joins CSA as Navy Business Unit VP; Tim Spadafore Quoted
Marshall Denney , a retired U.S. Marine Corps colonel, has joined Client Solution Architects , a provider of integrated technology platforms and operational support services to defense and federal government clients, as vice president of the company’s Navy business unit, GovCon Wire has learned. In this capacity, he will lead efforts to achieve the company’s financial and business goals inside the service branch, CSA said Tuesday. “Operational excellence will ultimately determine how quickly we grow, and Marshall’s high degree of proficiency in business development and corporate operations will ensure accelerated growth as we expand and introduce our capabilities to key and adjacent markets within the Navy,” said Tim Spadafore , chief operating officer of CSA. Before CSA, Denney managed the counterthreat and capabilities integration and major command technology integration business units at Amentum . He also served as VP of operations for electromagnetic spectrum and information assurance at AECOM (NYSE: ACM). His 28-year career in the Marine Corps included time as a commanding officer, director of the Joint Electronic Warfare Center and deputy director of operations for U.S. Cyber Command. “It is my responsibility to take the reins to continue to build our three verticals of cyber and information […]