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Pentasia eyes synergies after snapping up FinTech agency

first_img Pentasia eyes synergies after snapping up FinTech agency People Subscribe to the iGaming newsletter AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Recruitment specialist aiming to boost iGaming sector’s crypto and AI talent Pentasia believes it can bring a new standard of candidate to the iGaming sector after acquiring FinTech recruitment agency Headcount.The UK-headquartered iGaming specialist, which has offices across Europe and North America, believes the synergies with the FinTech sector mean the combination of the two companies will lead to an expanded talent pool. It has identified tight regulation and data-centric cultures as two areas of commonality, noting that talent already regularly transitions between the sectors.With emerging trends like cryptocurrency, information security and AI technology, Pentasia believes the shared talent pool is set to expand further still.“Combined, we now provide our respective clients base with access to a new candidate pool and recruiter expertise from a wider range of industries,” said Alastair Cleland, Pentasia’s managing director.“We believe we are ideally placed to achieve our ambitions including expansion into new markets, functions and locations.”No further details were given about the deal itself, but Pentasia said it will now have a combined team of over 70 recruitment consultants in five countries across three continents, spanning the major iGaming and Fintech hubs in Europe, North America, LATAM and Asia. It added that Pentasia’s client base will “benefit from greater talent access, broader market insight, and – in particular – increased support in growing payments or financial technology divisions”.Pentasia has placed more than 4,000 candidates and worked with firms such as Penn National, BGO Entertainment and Realistic Games since it was founded in 2001.Following the merger Headcount will continue operate as a separate brand alongside Pentasia.Neill Butcher, CEO of Headcount, said: “As part of Pentasia, our increased bandwidth and capacity enables us to provide talent across the full range of business functions. This move has always been about providing more choice and really is a win-win for all parties concerned.” Topics: People 4th October 2018 | By contenteditor Email Addresslast_img read more

Live dealer brand LordPing launches on SkillOnNet platform

first_img Email Address Tags: Online Gambling AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter 9th April 2020 | By Daniel O’Boyle LordPing, a new live casino-focused online gaming brand, has launched on SkillOnNet’s platform. Casino & games LordPing, a new live casino-focused online gaming brand, has launched on SkillOnNet’s platform.The casino will feature live games from Pragmatic Live, Netent Live and Evolution Gaming, as well as other titles from Pragmatic Play, Blueprint, NetEnt, Big Time Gaming and Red Tiger.“The focus on live casino sets LordPing aside from other new online casinos and with a packed game lobby, generous bonuses and a commitment to safe gaming is sure to be a big hit with players,” Jerry Land, vice president of B2B Solutions at SkillOnNet, said.LordPing is able to operate in the UK and Malta via SkillOnNet’s licences in these jurisdictions, and has plans to launch in Sweden, Denmark and Spain in the future.LordPing is operated by Cyprus-based Prime Gaming, which operates six other brands: Prime Scratchcards, Prime Slots, Prime Winners, Mega Casino, Indogvind and PrimeFortune.A LordPing spokesperson said SkillOnNet was the ideal partner to launch the new brand.“In SkillOnNet we have a partner that aligns with our vision for what makes a market-leading online casino brand while also having the technology and expertise to deliver it. Topics: Casino & games Tech & innovation Regions: Europe UK & Ireland Southern Europe Malta Live dealer brand LordPing launches on SkillOnNet platform Subscribe to the iGaming newsletterlast_img read more

Wapic Insurance PLC (WAPIC.ng) HY2014 Interim Report

first_imgCoronation Insurance Plc (WAPIC.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2014 interim results for the half year.For more information about Coronation Insurance Plc (WAPIC.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Coronation Insurance Plc (WAPIC.ng) company page on AfricanFinancials.Document: Coronation Insurance Plc (WAPIC.ng)  2014 interim results for the half year.Company ProfileCoronation Insurance Plc is an insurance company in Nigeria licensed to underwrite all classes of life and non-life insurance for the personal, groups, commercial and industrial sectors. The company has operations in Nigeria and Ghana. General and personal insurance products cover motor, life, investment, yacht, marine and home insurance. Corporate insurance products cover general property insurance, automotive, marine, aviation, all risk, fire and special perils, goods-in-transit and guarantee and liability insurance for the oil and gas, hotel and restaurant, professional firms and associations, manufacturing, education, energy, telecommunication, financial services, trading, religious bodies, contractors, travel agent, real estate and transport sectors. Public sector clients include government ministries and departments, parastatals and agencies. Wapic Insurance Plc was founded in 1958. Its company head office is in Lagos, Nigeria. Coronation Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Rush to judgment: Amtrak train disaster and the media

first_imgStephen Millies is a member of the American Train Dispatchers Association and Transportation Communications UnionBrandon BostianWhen Amtrak train No. 188 derailed in Philadelphia on the night of May 12, eight people were killed and over 200 injured.Among those killed was Derrick Griffith, dean of student affairs and enrollment management for Medgar Evers College in Brooklyn, N.Y. Two of this writer’s co-workers at Amtrak’s “40” office — its New York dispatching center — were injured.The wreck halted Amtrak trains between New York and Philadelphia and SEPTA (Southeastern Pennsylvania Transportation Authority) commuter trains between Trenton and Philadelphia. Tens of thousands of people had to change their travel plans.Many are wondering how this disaster could have happened. The train was going from Washington, D.C., to New York when it derailed on a sharp curve at Frankford Junction, almost eight miles east of Philadelphia’s 30th Street Station.This was near the site of a 1943 wreck of the Pennsylvania Railroad’s Congressional Limited that claimed 79 lives.Despite the devastation this train wreck caused, train service resumed a few days later on Monday, May 18. Union members worked around the clock to repair the tracks and install new catenary poles to carry the electrical power wires.Capitalist media vs. engineerThe speed limit for this stretch of track was 50 mph. Yet the engine was going slightly more than 100 mph when it derailed.Was the engineer incapacitated? Was there something wrong with the engine, which was a new model? What safety measures are needed to prevent this tragedy from being repeated?Much of the capitalist media and political establishment ignored these serious questions and instead viciously assailed the engineer, Brandon Bostian.Radio bigot Rush Limbaugh made homophobic attacks on Bostian and hinted that he wanted to commit suicide.The New York Daily News’ charming front-page headlines on May 15 were  “Engineer’s convenient concussion” and “Did I do that?” with a picture of Bostian.Bostian did indeed suffer a concussion and “received 14 stitches in his head and staples in his leg as a result of the crash.” (Newsweek, May 14)Bostian was questioned for hours by investigators from the National Transportation Safety Board (NTSB), who described him as cooperating fully. But the Amtrak engineer can’t remember what happened between the time the train went through North Philadelphia station and the derailment a few minutes later.A loss of memory isn’t unusual with people who suffer concussions or other accidents. This writer’s brother broke his leg in a skiing accident years ago but can’t remember the actual time of injury.None of this prevented some media outlets from insinuating that Brandon Bostian was lying or covering up.This defamation campaign even included ridiculing Bostian for having worked his way through the University of Missouri as a cashier at a Target. This is just sneering at workers, similar to presidential candidate Mitt Romney’s notorious remarks about the “47 percent.”The Daily News described as “rants” the cogent posts that Bostian had apparently written earlier on the trainorders.com website, calling for the railroad industry to implement the safety measure called Positive Train Control.Rocks, frame-ups and PTCOne possible theory is that a rock or some other object was thrown at Amtrak locomotive No. 601 as it pulled the soon-to-be-derailed train. This could have caused the engineer to be temporarily distracted or even lose consciousness.An Amtrak Acela train and a SEPTA commuter train were reportedly stoned the same night, a few miles from the site of the derailment.Rocks have been thrown at trains for generations, and that’s not good. The New York Times described how President Teddy Roosevelt’s train was stoned in the same Philadelphia neighborhood over a century ago. (May 17)The FBI is now investigating. Look out! The FBI and Philadelphia police could concoct a frame-up like that of New York’s “Central Park 5,” who were falsely convicted of rape charges.Those five Black and Latino teenagers spent years in jail before being exonerated and awarded $41 million in reparations. But billionaire Donald Trump called for them to be executed.This train wreck will probably speed up the complete installation of Positive Train Control on Amtrak’s line between New York City and Washington, D.C. According to the NTSB, this safety system could have prevented the wreck.The hold-up has been the years spent negotiating with private operators for the necessary radio bandwidth needed to operate PTC.If ever there were a case for “eminent domain” — the taking of property with compensation by the government or utility for the public good — this is it. The Federal Communications Commission should have knocked heads and forced the private operators to deal with Amtrak.The rest of the railroad industry is dragging its feet on installing PTC and is lobbying Congress to extend the December 2015 deadline.Bring back firemen and hire firewomenBut there’s another safety measure that needs to be adopted. Engineer Brandon Bostian, like most passenger engineers, was operating alone.Years ago there would have been a fireman in the cab who could take over in case of an emergency.As Doc White, a retired locomotive engineer for Burlington Northern Santa Fe railroad, told Workers World: “This was a tragedy waiting to happen. You need two people in a locomotive. On freight trains you usually have a conductor riding with the engineer, calling out signals. But on a passenger train you’re all alone,” said White, who started out as a fireman.The railroad industry spent years reducing crew size, which they denounced as “featherbedding.” One result was the deaths of 47 people in Lac-Mégantic, Quebec, when a 74-car runaway oil train filled with highly volatile crude oil exploded on July 6, 2013.There was only a single employee — the engineer — in charge of this moving bomb.The Philadelphia track tragedy could have been worse. The derailed engine stopped a few feet from a tank car. FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Pasadena Unified High School Seniors Gain Real World Experience This Summer

first_img 2 recommended0 commentsShareShareTweetSharePin it Education Pasadena Unified High School Seniors Gain Real World Experience This Summer From STAFF REPORTS Published on Tuesday, July 14, 2015 | 1:02 pm Pasadena Unified School District High School students plan to spend their summer interning within the culinary arts, law & public service and health sectors. These upcoming seniors are eager to explore careers of interest while applying their transferable skills to the workplace. This initiative is in collaboration with the Pasadena Unified School District, Ideal Youth and the Pasadena Chamber of Commerce.Students in the program plan to either enter the workforce upon graduation or allow the internship to shape their college experience. Job shadowing and mentorship provides context for students, leaving them better informed and able to connect the internship to future career goals. High school interns are also required to attend weekly seminars pertaining to time management, professionalism and diversity. In order to complete the internship program successfully all students must give a final presentation about their experience and receive a letter of recommendation from their supervisor. The summer hours accrued will go towards student learning hours mandatory for graduation.Businesses and organizations are currently needed to provide internship placements in the restaurant and hospitality industry, healthcare and legal professions. Benefits for participating companies are: no cost, short-term support, an introduction to motivated youth for hiring pipeline, assistance with technology and innovative ideas plus the satisfaction of adding value to the Pasadena community. All student interns have work permits, liability and workman’s compensation insurance provided through the school district. Interested businesses may contact [email protected] or call (626) 795-3355.The Pasadena Chamber of Commerce and Civic Association is a professional business organization. Since the earliest days of Pasadena, the Chamber has played a major role in the development of this internationally renowned city. Since 1888, when the organization was founded as the Board of Trade, the Chamber’s primary purpose has been the enhancement of both the business climate and the quality of life in Pasadena. The Pasadena Chamber of Commerce serves more than 1400 members. Your email address will not be published. Required fields are marked * More Cool Stuff Community News Make a comment Community News Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Top of the News center_img Business News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Name (required)  Mail (required) (not be published)  Website  First Heatwave Expected Next Week Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Subscribe faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,PCC – EducationVirtual Schools PasadenaDarrell Done EducationHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes HerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeauty7 Reasons Why The Lost Kilos Are Regained AgainHerbeautyHerbeautyHerbeauty18 Ways To Get Rid Of HiccupsHerbeautyHerbeautyHerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeautyHerbeautyShort On Time? 10-Minute Workouts Are Just What You NeedHerbeautyHerbeauty Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Why Alexandria Real Estate Equities (ARE) is a Top Dividend Stock for Your Portfolio

first_imgCommunity News Why Alexandria Real Estate Equities (ARE) is a Top Dividend Stock for Your Portfolio By ANDY VITALICO Published on Tuesday, April 28, 2020 | 2:35 pm EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News HerbeautyWomen Love These Great Tips To Making Your Teeth Look WhiterHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeauty10 Ways To Get Into Shape You’ve Never Tried BeforeHerbeautyHerbeautyHerbeautyYou Can’t Go Past Our Healthy Quick RecipesHerbeautyHerbeautyHerbeautyA 74 Year Old Fitness Enthusiast Defies All Concept Of AgeHerbeautyHerbeautyHerbeauty7 Most Startling Movie Moments We Didn’t Realize Were InsensitiveHerbeautyHerbeauty Your email address will not be published. Required fields are marked * Zachs Investment Research has marked Pasadena-based Alexandria Real Estate Equities Inc, a local investment firm and developer of life science campuses, as a “compelling investment opportunity” that could ensure consistent cash flow for income investors.In a report published Monday, Zachs said Alexandria, listed as ARE on the New York Stock Exchange, is a finance stock that has seen a price change of -7.48 percent so far this year. The life science real estate company is paying out a dividend of $1.03 per share at the moment, with a dividend yield of 2.76 percent compared to the REIT and Equity Trust-Other industry’s yield of 5.17 percent and the S&P 500’s yield of 2.2 percent, the report said.“Taking a look at the company’s dividend growth, its current annualized dividend of $4.12 is up three percent from last year. Over the last five years, Alexandria Real Estate Equities has increased its dividend five times on a year-over-year basis for an average annual increase of 7.06 percent,” the report reads.“Any future dividend growth will depend on both earnings growth and the company’s payout ratio,” the report continues.A payout ratio is the proportion of a firm’s annual earnings per share that it pays out as a dividend. Right now, Alexandria Real Estate Equities’ payout ratio is 59 percent, which means it paid out 59 percent of its trailing 12-month EPS (earnings per share) as dividend, Zachs said.Zachs added that Alexandria is expecting earnings to expand this fiscal year as well. The Zacks Consensus Estimate for 2020 is $7.15 per share, with earnings expected to increase 2.73 percent from the year ago period, the report continued.Alexandria’s stock currently sits at a Zacks Rank of 3 or Hold.Founded in 1994, Alexandria Real Estate Equities is classified as an urban office real estate investment trust (REIT) with particular focus on collaborative life science and technology campuses. The company’s assets are located in the AAA innovation cluster locations of North America, with considerable market presence in Greater Boston, San Francisco, New York City, San Diego, Seattle, Maryland, and Research Triangle.As of Dec 31, 2019, the company held a portfolio of 39.2 million square feet in North America. This included 27 million rentable square feet (RSF) of operating properties. Further, the company has 2.1 million RSF of Class A properties going through construction.The company has 6.3 million RSF of near-term and intermediate-term development and redevelopment projects, and 3.8 million SF of future development projects. Alexandria also provides strategic capital to transformative life science and technology companies through its venture capital arm.For more information, visit www.are.com. Community News STAFF REPORT First Heatwave Expected Next Week Business News Make a commentcenter_img Top of the News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Subscribe 9 recommended0 commentsShareShareTweetSharePin it faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy More Cool Stuff Name (required)  Mail (required) (not be published)  Website  Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m.last_img read more

3D printers create masks, PPE locally

first_img By The Penny Hoarder Print Article Remember America’s heroes on Memorial Day The Penny Hoarder Issues “Urgent” Alert: 6 Companies… By Jaine Treadwell Published 9:39 pm Friday, April 10, 2020 “We are doing a callout to our community to anyone with a 3D printer who is willing to help us produce the face shields and masks,” Noriega said. “Volunteers can print the items at home. Time is really of the essence. We’re good with them printing at home. They just to be on call when we’re ready to make the bigger production runs.”There is no charge for the face shields or masks.“This is not a situation where we’re planning on making money,” Noriega said. “Nobody’s getting compensated for this. We’re doing this to help. How can you put a dollar among on lives?”Once the areas of greatest need are determined, Noriega and his colleagues plan on ramping up printing efforts. They have the capability to also produce  gadgets for opening doors and pushing elevator buttons and key pads. Pike County Sheriff’s Office offering community child ID kits Email the author Troy University faculty, staff and students are working together to utilize 3D printers to address the current shortage in personal protective equipment, including face shields and masks, for local healthcare workers. But 3D printers are in short supply. and the community is being asked to help.“Making the face shields and masks is very time consuming and we have a limited number of 3D printers,” said Ed; Noriega, a professor in the Troy University Department of Art and Design who is heading up the project. “We have six 3D computers that belong to Troy University and several that are on loan to us. But we are limited by the number of printers at our disposal.”To meet the local need for face shields and masks, Noriega said those who have 3D printers are asked to make them available to those working on the project, including the Department of Art and Design, the IDEA Bank, the Broadcast and Digital Network and the Troy University Libraries and other university. Holiday weekend, storms pose threats Don’t get complacent. That’s the message from local leaders as Pike County enters an Easter weekend that will challenge adherence… read more 3D printing equipment at Troy University created these masks for local first responders and medical providers.center_img 3D printers create masks, PPE locally Latest Stories Plans underway for historic Pike County celebration You Might Like Troy falls to No. 13 Clemson Sponsored Content Book Nook to reopen Next UpThe need for face shields  is urgent because of the short supply available for local law enforcement, fire departments and guards at the Pike County Jail.“It takes about three and a half hours to make one face shield,” Noriega said. “The shield is a plastic covering for the entire face and is protection for medical personnel and first responders who come in close contact with those who could potentially be carriers of the coronavirus. We have made about 40 face shields with ear extenders that make them more comfortable to wear. The masks are made of cloth and cover only  the mouth area but they take much longer to make. We have made four to five of those. However, the local demand for the masks is not as great.”In order to increase production of the face shields and masks, more 3D printers are needed. However, first things first. But, if enough 3D printers are loaned, the more that can be done to curb the spread of COVID-19.For donations to support the effort, an account has been set up at https://www.gofundme.com/f/funding-for-3d-printing.ppe. Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Patriot Health ZoneHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential Health32-second Stretch Ends Back Pain & Sciatica (Watch)Healthier LivingThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Authorities tracking multiple threats for a ‘week of siege’ after Capitol breach

first_imgdrnadig/iStockBy JACK DATE, ABC News(NEW YORK) — ABC News has received an exclusive detailed look at the array of potential threats federal authorities are tracking in the days leading up to the presidential inauguration.Authorities are tracking up to 10 protests or demonstrations that are being promoted to occur in Washington, D.C. between now and Inauguration Day for what some groups are calling the “Week of Siege,” according to a law enforcement source.Federal law enforcement assessments warn of potentially violent elements who may feel emboldened by the successful breach of the Capitol on Jan. 6. There is also concern among federal law enforcement agencies that the shooting death of Ashli Babbitt during the attempted insurrection, the ongoing impeachment of President Donald Trump, and the pending peaceful transfer of power to President-elect Joe Biden could raise the stakes for extremists.Authorities are paying particular attention to an event organized by a collection of right-wing extremist groups, including the Proud Boys. Their ambitions include an idea to hold an event in the coming days to “capture and detain” Democratic politicians and set up a new government led by Republican leaders of their choosing, according to internet postings reviewed by law enforcement.Although security planners do not believe the group will be able to rally the 15,000 participants they are hoping for, law enforcement sources believe that because of an expressed willingness to fight to the death, even small numbers of violent extremists could pose a “grave danger” to law enforcement and Congress.The event organizers also want Trump to stay in office beyond Jan. 20 and want to try and convict congressional Democrats and eliminate “mainstream” media outlets, which they view as anti-American, ABC News has learned.Messages from the organizers state they “will not fire the first shot” but pledged to use “extreme” and possibly “fatal” measures if deemed necessary to reach “our goal of eliminating the Democrat ideology from America forever,” according to postings government security planners have reviewed.Other groups are promoting events pledging to surround the White House and the U.S. Capitol to “stop the steal,” a reference to the false belief that the outcome of the 2020 presidential election was illegitimate. Law enforcement officers and military members, both current and former, are being encouraged to attend, sources say.A website associated with the anti-government boogaloo movement, whose adherents believe in a coming civil war, are also promoting “the largest armed protest to ever take place on American soil.” Participants may want to “avenge the death of Ashli Babbitt” and stop the peaceful transition of power, authorities warn.Still other militia groups are promoting events with the stated beliefs that the election results are “treasonous and illegitimate” and anyone who stands in their way will be “treated as an enemy combatant.”Law enforcement officials are also tracking other demonstrations that are being promoted around the city, including the pro-Trump “Let America Hear Us, Roar for Trump” and the “March for Trump,” scheduled to occur just days before Trump is scheduled to leave office.Many of the proposed venues for these various demonstrations are already locked down for the inauguration and are no longer accessible to the public due to street closures, newly installed non-scalable fencing and heavy armed law enforcement and military presence.However, security planners are mindful that determined protesters in Portland, Oregon, last summer were able to defeat fencing by using power tools, ropes, chains and other improvised tools.Copyright © 2021, ABC Audio. All rights reserved.last_img read more

HR lacks skills in business arena

first_img Comments are closed. HR must have more business-specific training and spend less time onadministration if the function is to play a more central role in corporateaffairs. This is the view of Michael Emmerson, the new senior HR business partner atBarclays Private Bank, who was speaking last week at Penna’s HR ProfessionalRelationship with the Business forum. Emmerson believes HR professionals needaccess to business-related training to give them a better picture of howcompanies are operated. “As a function we have to play a much more strategic role. In the pastHR training has been functional, but there’s now a need to think more carefullyabout how people will get this commercial awareness without propertraining,” he said. Emmerson said there is currently no training available to help HR developthese valuable business skills. “HR is an evolving function and has onlyjust caught up with what was happening in business a few years ago, but noweverything has changed, so you always have to keep learning,” he said. He thinks more companies should consider ways of allowing HR to pass on someof its administrative burden to enable the function to become more strategicand commercially aware, such as the shared services approach adopted byBarclays Private Bank. “The range of things HR does as a discipline is huge and the timeavailable to do the strategic part needs to be increased. At Barclays, a teamdoes a lot of the admin stuff which leaves more time for HR to become abusiness partner,” he said. Previous Article Next Article HR lacks skills in business arenaOn 28 May 2002 in Personnel Today Related posts:No related photos.last_img read more

Howard Hughes’ Seaport project dealt major blow

first_imgA rendering of 250 Water Street and Howard Hughes Corporation CEO David O’Reilly (SOM; Getty; iStock)It’s back to the drawing board — or perhaps the garbage bin — for proposed towers at 250 Water Street.Over the years the Howard Hughes Corporation has faced extensive community pushback for its plans to build two mixed-use towers at the site. And this week, the Landmarks Preservation Commission — dismissing pleas from a slew of influential New Yorkers at a Jan. 5 hearing — said the project was simply too tall.According to the Tribeca Trib, the commission told the Texas-based developer at a meeting Tuesday that the towers would “invade the district’s sky space.”The panel took no official action, but made clear it would not approve the project. The setback means Howard Hughes will have to revisit plans for the site with architects Skidmore, Owings & Merrill.“We appreciate the LPC’s thoughtful feedback and look forward to returning soon to the commission,” a spokesperson for the developer told the newspaper in a statement.Some have speculated that redevelopment of the giant parking lot would not be economically viable if limited to the historic district’s typical scale of five stories. A low-scale project would certainly not generate enough profit to endow the historic district’s long-struggling South Street Seaport Museum with $50 million, as Howard Hughes’ 40-story towers promised to do.Read moreHoward Hughes to launch review process for $1.4B Seaport towerEAs Howard Hughes tries to right ship, Seaport remains an albatross Share via Shortlink Howard Hughes bought the site for $180 million in 2018 from the Milstein family. Its current plan, scaled back from an earlier proposal, includes two 470-foot towers with 260 condo units and 100 affordable rental units.At that height, the towers would be well over the existing 120-foot zoning height limit in the area, the local paper noted. Beyond approval from Landmarks, the developer needs a zoning modification from the City Council; it has support for that lined up from the local member, Margaret Chin.Critics of the proposal argue that Landmarks can only consider its architecture and scale, not the $50 million that Howard Hughes said the project would allow it to contribute to the Seaport Museum.The commission’s chair, Sarah Carroll, agreed, saying at Tuesday’s meeting that the benefits for the museum, “while laudable, are not factors that we can consider or rely on in determining whether the proposed designs for the 250 Water Street site” are appropriate.Commissioners were unswayed by arguments that the site has been undeveloped for decades, has no historic significance, and is at the edge of the historic district with much taller buildings immediately behind it.[Tribeca Trib] — Sylvia Varnham O’ReganContact Sylvia Varnham O’Regan TagsDevelopmenthoward hughes corporationSeaport Full Name*center_img Message* Email Address* Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlinklast_img read more