Corporate Culture – Upbeet Communications http://upbeetcommunications.com/ Mon, 14 Nov 2022 22:25:10 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://upbeetcommunications.com/wp-content/uploads/2021/07/icon-3.png Corporate Culture – Upbeet Communications http://upbeetcommunications.com/ 32 32 Hino Team Sugawara Confirms 2023 Dakar Efforts Despite Parents’ Emissions Scandal https://upbeetcommunications.com/hino-team-sugawara-confirms-2023-dakar-efforts-despite-parents-emissions-scandal/ Mon, 14 Nov 2022 20:58:19 +0000 https://upbeetcommunications.com/hino-team-sugawara-confirms-2023-dakar-efforts-despite-parents-emissions-scandal/ In a class typically dominated by Russian (until this year) and European builders, Hino engines has been a regular representative of Japan in the Dakar Rally‘s Truck since 1991. Although the truck manufacturer is embroiled in a massive emissions scandal, the racing arm Team Hino Sugawara intends to compete in the 2023 Rally with Teruhito […]]]>

In a class typically dominated by Russian (until this year) and European builders, Hino engines has been a regular representative of Japan in the Dakar Rally‘s Truck since 1991. Although the truck manufacturer is embroiled in a massive emissions scandal, the racing arm Team Hino Sugawara intends to compete in the 2023 Rally with Teruhito Sugawara as a driver.

The Sugawara team uses a truck inspired by the Hino 600 series. They introduced a hybrid system to the vehicle for the 2022 Rally, and Sugawara regularly raced in the top twenty before a transmission failed in the penultimate step relegates him to twenty-second in class.

Sugawara, also a team manager, has been racing in Dakar since 1999 with his father Yoshimasa Sugawara. Yoshimasa developed the Hino Dakar operation from its inception and continued racing well into his seventies; on his last start in 2019, he was 77 and set the record for the most consecutive Dakar starts with thirty-six from 1986. The father/son duo were runners-up in 2001.

After working as a co-driver for his father, the young Sugawara became the main driver himself from 2005, achieving his best overall result to date in said sixth-grade race (he repeated the finish in 2018). While KAMAZ and IVECO are still the best trucks, Sugawara and Hino were the top performing team among trucks with an engine displacement of less than ten liters (10,000 cc).

In March, Hino Motors admitted to falsifying the emissions and fuel data of more than 643,000 vehicles, and an August revelation showed it had been happening since 2003. Perhaps providing another example of the environmental Japan’s infamous labor union, Hino blamed the situation on a poor corporate culture that allows these violations to be concealed from management. The fallout prompted the company to suspend shipments of light trucks while Toyota, which owns a majority stake in Hino, and Isuzu ousted it from the Japan Business Partnership Technologies truck consortium.

As the situation continued to escalate, the team remained silent before finally issuing a statement a month before Rally 2023. It is not uncommon for controversies plaguing automotive companies to extend to their racing divisions such that Volkswagen killing off its World Rally Championship program following its own emissions scandal, although Sugawara has allayed concerns about the same here.

“We would like to express our sincere apologies for the inconvenience caused by the series of fraudulent incidents at Hino Motors,” said Sugawara. “It was a difficult situation to continue our activities, but we received words of encouragement, support and cooperation from many people, and we were able to prepare to participate in the next race.

“The Dakar Rally, which is said to be the most difficult in the world, will open a new page for us with the power to continue, the power to never give up and the power to unite.

“Please look forward to the success of Team Hino Sugawara!”

The 2023 Dakar Rally will start on December 31, 2022.

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Jobandtalent appoints Gonzalo Bergé as Chief People & Culture Officer https://upbeetcommunications.com/jobandtalent-appoints-gonzalo-berge-as-chief-people-culture-officer/ Fri, 11 Nov 2022 09:00:00 +0000 https://upbeetcommunications.com/jobandtalent-appoints-gonzalo-berge-as-chief-people-culture-officer/ Jobandtalent appoints Gonzalo Bergé as Chief People & Culture Officer Jobandtalent, the global leader in the temporary employment market, is expanding its management team as it enters the next stage of its growth trajectory. MADRID, SPAIN, Nov. 11, 2022 /EINPresswire.com/ — Jobandtalent, the global leader in the temporary employment market, is expanding its leadership team […]]]>

Jobandtalent appoints Gonzalo Bergé as Chief People & Culture Officer

Jobandtalent, the global leader in the temporary employment market, is expanding its management team as it enters the next stage of its growth trajectory.

MADRID, SPAIN, Nov. 11, 2022 /EINPresswire.com/ — Jobandtalent, the global leader in the temporary employment market, is expanding its leadership team as it enters the next stage of its growth trajectory. After recently announcing the appointment of Yaron Zeidman as Chief Technology Officer, the company is pleased to introduce Gonzalo Bergé as Chief People & Culture Officer, who has a proven track record of leading People organizations globally. . Bergé began his career as a strategic consultant before specializing in people functions at high-growth companies such as Despegar, Latin America’s first online travel agency, where he played a key role in driving of the company until the IPO. Most recently, he assumed the position of Human Resources Manager at PedidosYa (subsidiary of Delivery Hero), where he established a corporate culture powerhouse in the Latin America region, creating a highly engaged, diverse and autonomous.

As a people-centric company, Jobandtalent has always put its culture and operating principles first.

Today, with more than 2,000 employees working remotely and a wider geographic footprint than ever before, the organization has become increasingly sophisticated and diverse. As part of his mandate, the new Chief People & Culture Officer will pursue a transparent and agile scaling of human resources management processes to increase efficiency while preserving Jobandtalent’s original culture. Gonzalo Bergé and his team will also focus on promoting diversity, creating a culture of belonging and making Jobandtalent an even more inclusive workplace. In doing so, the People department will continue to focus on nurturing top talent to continue the transformation of a traditional industry.

Juan Urdiales, co-founder and CEO of Jobandtalent: “We are delighted to welcome Gonzalo as Chief People & Culture Officer. We are proud of our existing strong corporate culture and strong operating principles, and Gonzalo will play a vital role in scaling these foundations and ensuring they reach our employees around the world. in the best way. With hundreds of thousands of workers using our platform in the past year alone, we feel responsible for leading by example and creating an environment where our workers, customers and employees can thrive as we strive to become one of the largest employers in the world. . With Gonzalo by our side, we are one step closer to setting the highest standards and achieving this lofty goal.

Gonzalo Bergé, CPO of Jobandtalent: “I am delighted to join Jobandtalent at such a crucial time in the company’s history. The company itself has always impressed me, as it has a huge positive impact beyond the economy – creating value for customers, workers and the communities in which it operates. Jobandtalent disrupts a traditional industry, which I know from experience stimulates talent creativity. What Juan, Felipe and their team have built in terms of corporate ethics is solid, and the potential is endless to continue building a culture of inclusion, belonging and empowerment. With my team, we will strive to make this culture even more visible to attract the best talent and to highlight diversity as a driver for becoming an employer of choice.

MEDIA CONTACT
Chloe Gamache
Senior Communications Manager
press@jobandtalent.com
Telephone: +34 672 617 276

ABOUT JOBANDTALENT
Jobandtalent is the global leader in the temporary employment marketplace, connecting great people with great companies directly through its app. Founded in Spain in 2009, Jobandtalent is reshaping temporary work by removing barriers to job search and hiring, harnessing the power of technology and data. The company connects essential workers with back-to-back employment opportunities, providing them with the stability and benefits of full-time employment and helping them feel valued, respected and included in their roles. Having placed simplicity and fairness at the heart of its business model, the company has placed more than 200,000 workers in more than 2,000 companies in 2021 in various sectors, including logistics and retail. Jobandtalent operates in 11 countries across Europe, the United States and Latin America and has raised over $850 million from investors including Atomico, Kinnevik and Softbank.

Chloe Gamache
jobandtalent
+34 672 61 72 76
write to us here

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The mass firings of Elon Musk on Twitter have arrived. Are they legal? https://upbeetcommunications.com/the-mass-firings-of-elon-musk-on-twitter-have-arrived-are-they-legal/ Fri, 04 Nov 2022 14:01:09 +0000 https://upbeetcommunications.com/the-mass-firings-of-elon-musk-on-twitter-have-arrived-are-they-legal/ Elon Musk has started cleaning up Twitter, and the victims are expected to eventually include nearly half of the social media site’s workforce. Twitter broke its silence on the long-running layoffs in a company-wide memo late Thursday, according to multiple major outlets. The memo didn’t say how many of Twitter’s 7,500 employees would lose their […]]]>

Elon Musk has started cleaning up Twitter, and the victims are expected to eventually include nearly half of the social media site’s workforce.

Twitter broke its silence on the long-running layoffs in a company-wide memo late Thursday, according to multiple major outlets. The memo didn’t say how many of Twitter’s 7,500 employees would lose their jobs, but it did say all affected workers would be notified Friday at noon EST.

Legal experts told Grid that this sudden and dramatic overhaul of Twitter’s workforce by Musk — a billionaire who often appears to flout or ignore the rules — could violate federal and California labor laws, given that the Twitter’s headquarters are in San Francisco. These laws require companies planning mass layoffs to provide adequate notice, typically 60 days; Musk’s purchase of Twitter became official a week ago, on October 28.

Courts may frown on any attempt by Twitter to terminate large numbers of employees “for cause” (generally defined as poor judgment, violation of company policy or other wrongdoing) to circumvent labor protections.

Musk has used this tactic before on former senior Twitter executives. Hours after taking control last week, the billionaire swiftly ousted CEO Parag Agrawal, chief financial officer Ned Segal, general counsel Sean Edgett and head of legal, trust and security policy Vijaya Gadde . It quickly emerged that he fired them for cause, which would allow him to potentially avoid doling out around $122 million in “golden parachutes” to executives.

“I looked at some of the language in the executive agreements. It’s totally unfounded [Musk] seek termination with cause,” said Adam Badawi, a law professor at the University of California, Berkeley. “To be dismissed for just cause, the circumstances must be extreme, it must be a misdemeanor or someone has done something illegal. Things like differences of opinion or “We tried to do things one way and it didn’t work” – that’s not the right basis to fire someone for cause.

He added: “I expect the leaders to sue.”

Experts said Musk could try to prevent any lawsuits from lower-level employees by offering them separation agreements that would compensate them if they waived their right to challenge Twitter’s action in court. It is not clear if Twitter follows this strategy.

But a group of Twitter employees has reportedly already filed a class action lawsuit, alleging the company violates federal labor laws.

Duty to warn

The main labor laws at play include both the California and federal versions of the Warn Act, both of which include provisions governing how all but the smallest companies conduct layoffs.

Federal Warn law requires companies that plan to lay off 50 or more workers at a site to give those employees 60 days notice and notify state and local officials. It applies to businesses with 100 or more full-time employees and allows only a handful of exceptions: natural disaster, unforeseeable business circumstances or failing business.

None of this seems to apply in the case of Twitter.

Sanctions for violations may result in the payment by the employer of two months of severance pay to affected employees.

Cal-Warn is the state equivalent, and that and federal law provide co-protection. It takes effect at a lower size threshold — 75 full-time employees — and allows for civil penalties of $500 for each day an employer breaks the law, with up to 60 days of back pay for employees.

On Blind, an anonymous social networking site for tech workers, a Twitter employee posted about the downsides of working on Twitter right now: “The absolute and rapid destruction of a caring and humanity makes the Tweeps feel like they’ve lost our family.”

Badawi said it seems odd that Musk would immediately subject Twitter to the risk of litigation over personnel changes, particularly regarding the site’s former senior executives. Musk needed the cooperation of Agrawal, the former CEO, to complete the merger. Golden parachutes of the type that Musk is trying to avoid paying for are intended to facilitate this kind of cooperation and facilitate the change of leaders.

“I don’t quite understand because that means any CEO of any company that they want to buy in the future, the executives are going to say, ‘Well, aren’t you just going to try to sue us after it’s over? Badawi said. “So I find that a little perplexing.”

Content moderation issues

Groups that met with Musk to discuss content moderation practices earlier this week are also sounding the alarm over potential layoffs, saying they will jeopardize advertisers’ brand safeguards and content moderation standards. . The groups, which include Media Matters, Free Press, Accountable, Color of Change, GLAAD and Voto Latino, are asking Twitter’s biggest advertisers to halt ad purchases on the platform.

Musk previously said the site would not be a “free hellscape,” but in a letter to CEOs and senior executives of Twitter’s top 20 advertisers, which include companies like Apple and Verizon, the more than 45 advocacy groups civil rights expressed skepticism.

“[Musk] threatened to significantly reduce the number of employees, putting those responsible for maintaining community standards and protecting user safety first on the chopping block,” the groups said in the letter. “Musk also publicly supported the idea of ​​restoring the accounts of prominent figures whom Twitter had suspended for inciting and glorifying political violence, spreading election and COVID-related misinformation, and abusing people based on their race, ethnic origin, national origin, sexual orientation, gender. , gender identity, religious affiliation, age or disability”.

The letter asks the companies to publicly commit to ceasing advertising if Musk “follows through on his plans to undermine brand safety and community standards, including content moderation.”

Thanks to Lillian Barkley for writing this article.

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80% of Asia-Pacific employers say recruiting overseas helps them achieve business goals — People Matters https://upbeetcommunications.com/80-of-asia-pacific-employers-say-recruiting-overseas-helps-them-achieve-business-goals-people-matters/ Tue, 01 Nov 2022 00:31:09 +0000 https://upbeetcommunications.com/80-of-asia-pacific-employers-say-recruiting-overseas-helps-them-achieve-business-goals-people-matters/ Having become more open to adopting new operating models and remote working since Covid-19, companies are increasingly turning to offshore recruitment strategies to gain agility and get their operations on the right track. As many as 84% ​​of employers in the Asia-Pacific region favor offshoring recruitment strategies, reveals a report by Singapore-based HR solutions company […]]]>

Having become more open to adopting new operating models and remote working since Covid-19, companies are increasingly turning to offshore recruitment strategies to gain agility and get their operations on the right track.

As many as 84% ​​of employers in the Asia-Pacific region favor offshoring recruitment strategies, reveals a report by Singapore-based HR solutions company PERSOLKELLY.

The markets with the highest adoption rate are Vietnam (46%), South Korea (43%), Thailand (39%), India (36%) and New Zealand (36%). ), indicates the report titled “Recruiting and managing talent across geographic borders” which highlights the effectiveness and growing tendency of employers in the region to adopt overseas recruitment strategies for their hiring needs.

Given the unprecedented economic headwinds, companies are finding this solution can be profitable. It also opens up opportunities to reach new markets, provides access to a larger pool of talent with specific skills, provides resources to quickly fill gaps in their workforce, and enables diversification of business operations.

Companies in the IT sector have the highest adoption rate (56%), followed by high-tech engineering (41%), manufacturing (34%) and finance (33%).

According to the report, the top four benefits voted by companies in the Asia-Pacific region as reasons to pursue an offshore recruitment strategy include:

  • Access a larger talent pool (59%): Most markets voted this as the main reason except for Australia, India and South Korea.
  • Improved labor and operating costs (50%): A larger pool of talent from many different markets provides a greater labor supply.
  • A viable and profitable business strategy, as hiring and managing talent overseas reduces reliance on physical offices using cutting-edge technology (49%): Almost half of the total respondents voted for this as their third reason.
  • Create new market opportunities (47%): Hiring talent from overseas helps organizations penetrate new target markets through the network and expertise of talent. Organizations in these markets favor offshore recruitment strategies for this reason: China (58%), Singapore (57%), India (55%), Vietnam (52%) and Taiwan (50%). ).

Additionally, the report indicates that the top three supports required when considering overseas recruitment strategy implementation include advice on labor law and compliance (69%), payroll and tax declaration (61%), as well as the recruitment and integration of new talents abroad (50%).

“Globalization and technology have enabled employers to hire and manage talent across geographic boundaries. As markets become more competitive, companies must differentiate themselves to create more value for their customers in order to preserve or introduce new competitive advantages. This can only be done by hiring the right talents with the right skills to achieve the business objective,” said Foo See Yang, Managing Director and Country Head, PERSOLKELLY Singapore.

“That’s why the offshore recruitment strategy is gaining popularity. The goal of this strategy is to seamlessly integrate the hiring of offshore talent as part of the overall organizational setup and improve business operations as a team. Metrics is about choosing the right people, the right recruiting agency and the right partners,” said Zen Loh, Regional Sales Manager of PERSOLKELLY.

“With these things in place, an offshore team is not only a sustainable alternative to local hiring, but a secret weapon in the jostling for business success.”

The company survey was conducted among 1,326 decision-makers in charge of recruitment within their organization.

Read the full story

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Update on the cyberattack at Aurubis https://upbeetcommunications.com/update-on-the-cyberattack-at-aurubis/ Fri, 28 Oct 2022 14:08:50 +0000 https://upbeetcommunications.com/update-on-the-cyberattack-at-aurubis/ EQS-News: Aurubis AG / Tag(s): MiscellaneousAurubis AG: Update on the cyberattack at Aurubis 28.10.2022 / 16:08 CET/ESTThe issuer is solely responsible for the content of this announcement. Update on the cyberattack at Aurubis Hamburg, October 28, 2022 – On the night of October 28, 2022, there was a cyberattack on Aurubis’ computer systems. This was […]]]>

EQS-News: Aurubis AG / Tag(s): Miscellaneous
Aurubis AG: Update on the cyberattack at Aurubis
28.10.2022 / 16:08 CET/EST
The issuer is solely responsible for the content of this announcement.

Update on the cyberattack at Aurubis

Hamburg, October 28, 2022 – On the night of October 28, 2022, there was a cyberattack on Aurubis’ computer systems. This was apparently part of a larger attack on the metals and mining industry. As a result, many systems at Aurubis sites had to be shut down and disconnected from the internet as a precaution. Production could be largely maintained. The extent of the impact within the Group is currently being assessed. In addition, Aurubis works closely with the investigating authorities.

The main objective is to maintain the production and supply of raw materials as well as the delivery of metals and products. However, Aurubis is not yet able to provide information on when the systems will be fully functional again.

Production and environmental protection facilities at foundry sites are in operation, and incoming and outgoing goods are also maintained manually. Transition solutions are being implemented to make full company services available to business partners again starting next week. Customers and suppliers can always reach their Aurubis contacts by phone.

Aurubis – Metals for Progress

Aurubis AG is one of the world’s leading suppliers of non-ferrous metals and one of the world’s largest copper recyclers. The company transforms complex metal concentrates, metal scrap, organic and inorganic recycling materials containing metals and industrial residues into the highest quality metals. Aurubis annually produces more than 1 million tons of copper cathodes and various copper or copper alloy products made from them, such as continuously cast wire rod, shapes, profiles or flat rolled products. In addition, Aurubis produces many other metals such as precious metals, selenium, lead, nickel, tin or even zinc. The portfolio also includes other products such as sulfuric acid or iron silicate.

Sustainability is a fundamental component of the Aurubis strategy. “Aurubis responsibly creates value from raw materials” – following this maxim, the company integrates sustainable actions and management into its corporate culture. This includes careful use of natural resources, responsible social and ecological actions in operational activities and growth at a reasonable and healthy pace.

Aurubis employs approximately 6,900 people, has production sites in Europe and the United States and an extensive global sales network.

Aurubis shares belong to the Prime Standard segment of the German Stock Exchange and are listed on the MDAX, the Global Challenges Index (GCX) and the Stoxx Europe 600.

Further information : www.aurubis.com

28.10.2022 CET/CEST Broadcast of a Corporate News, transmitted by EQS News – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

EQS distribution services include regulatory announcements, financial/corporate news and press releases.
Archives on www.eqs-news.com

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INVESTOR ALERT: Kirby McInerne – GuruFocus.com https://upbeetcommunications.com/investor-alert-kirby-mcinerne-gurufocus-com/ Mon, 24 Oct 2022 22:08:59 +0000 https://upbeetcommunications.com/investor-alert-kirby-mcinerne-gurufocus-com/ NEW YORK, Oct. 24, 2022 (GLOBE NEWSWIRE) — The law firm Kirby McInerney LLP reminds investors that securities class actions have been filed on behalf of investors in securities of Azure Power Global Limited, Latch, Inc. and TuSimple Holdings, Inc. Investors have until the deadlines below to petition the court to be named lead plaintiff […]]]>

NEW YORK, Oct. 24, 2022 (GLOBE NEWSWIRE) — The law firm Kirby McInerney LLP reminds investors that securities class actions have been filed on behalf of investors in securities of Azure Power Global Limited, Latch, Inc. and TuSimple Holdings, Inc. Investors have until the deadlines below to petition the court to be named lead plaintiff in the lawsuits. Additional information on each case can be found at the links provided below.

Azure Power Global Limited (“Azure”) (: AZE)

Course period: June 15, 2021 to August 26, 2022
Pending Court: United States District Court for the Southern District of New York
Lead Applicant Deadline: October 31, 2022

The lawsuit alleges that, throughout the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose that: (1) there were procedural irregularities, including deviations from safety and quality standards, at any of Azure’s factories; (2) some project data has been manipulated; (3) as a result of the foregoing, Azure’s internal controls and procedures were not effective; and (4) Azure had received a credible whistleblower report alleging such misconduct.

For more information on the Azure trial, please visit this website.

Latch, Inc. (“Latch”) ( LTCH; LTCHW)

Course period: May 13, 2021 to August 25, 2022,
Pending Court: United States District Court for the Southern District of New York
Lead Applicant Deadline: October 31, 2022

The lawsuit alleges that, throughout the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose the following: (1) that there were sales agreements not declared related to hardware devices; (2) that, as a result, Latch incorrectly recognized revenue throughout fiscal 2021 and the first quarter of 2022; (3) that there were material weaknesses in Latch’s internal control over financial reporting related to revenue recognition; and (4) that as a result of the foregoing, Latch would restate the financial statements for fiscal 2021 and the first quarter of 2022.

For more information on the Latch trial, please visit this website.

TuSimple Holdings, Inc. (“TuSimple”) ( PST)

Class Period: April 12, 2021 (including IPO) to August 1, 2022
Pending Court: United States District Court for the Southern District of California
Lead Applicant Deadline: October 31, 2022

The lawsuit alleges that, throughout the Class Period, the Defendants made false and/or misleading statements and/or failed to disclose, among others, that: (1) TuSimple’s commitment to security was grossly overstated and defendants concealed fundamental problems with TuSimple’s technology; (2) TuSimple was rushing testing of its self-driving technology to bring driverless trucks to market before its more safety-conscious competitors; (3) there was a corporate culture within TuSimple that suppressed or ignored security issues in favor of unrealistic testing and delivery schedules; (4) the above behavior made accidents involving TuSimple’s self-driving technology more likely; and (5) the aforementioned conduct invited increased regulatory scrutiny and investigative action against TuSimple.

For more information about the TuSimple trial, please visit this website.

About Kirby McInerney LLP:

Kirby McInerney is a New York-based law firm specializing in securities, antitrust, whistleblower and consumer litigation. The company’s efforts on behalf of shareholders in securities litigation have resulted in recoveries totaling billions of dollars. Additional company information is available on the Kirby McInerney website: www.kmllp.com.

This press release may be considered attorney advertising in certain jurisdictions under applicable law and ethics rules.

contacts
Kirby McInerney LLP
Thomas W. Elrod, Esq.
212-699-1180
[email protected]
www.kmllp.com

Kirby-McInerney-LLP.png

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Insight into Hyderabad Entrepreneurs’ Diwali Celebrations – The New Indian Express https://upbeetcommunications.com/insight-into-hyderabad-entrepreneurs-diwali-celebrations-the-new-indian-express/ Fri, 21 Oct 2022 21:55:00 +0000 https://upbeetcommunications.com/insight-into-hyderabad-entrepreneurs-diwali-celebrations-the-new-indian-express/ Express press service HYDERABAD: Diwali has arrived and our tables are set for the various celebrations and games that are synonymous with the holiday. After all the effort of cleaning and decorating the house and the countless chores involved, everyone needs to have fun and what better than fun celebrations. For garba choreographer and entrepreneur […]]]>

Express press service

HYDERABAD: Diwali has arrived and our tables are set for the various celebrations and games that are synonymous with the holiday. After all the effort of cleaning and decorating the house and the countless chores involved, everyone needs to have fun and what better than fun celebrations.

For garba choreographer and entrepreneur Bina Mehta, Diwali is a festival of happiness and light accompanied by a variety of foods and delicacies. “Families get together and enjoy playing different types of games like musical chairs, antakshari, cards, silly charades and karaoke,” Bina says. Agreeing with Bina, fashion designer Vinita Pittie said, “People love playing various card games and having happy conversations in the process. Kids, on the other hand, love their noisy crackers.

We illuminated our house with the beautiful light of several local earthen diyas,” says Vinita. According to Sushila Bokadia, an entrepreneur, Diwali is one of the happiest and most auspicious festivals. “There are lots of things to do on Diwali like pooja, handing out sweets, decorating the house with lights and rangoli. But my family’s most favorite thing on Diwali is when we all sit together and play games. We play poker, streak, charades, antakshari, ludo – we spend quality time together.

We start playing after dinner and the fireworks until late at night. Even though it’s normal to win and lose in a game, we all try to cheat in a fun way and get caught, but it makes the experience more enjoyable,” she shares. There are only family card games on Diwali for Ajitha Reddy, founder of the Hamstech Institute of Fashion and Interior Design which has been part of the city’s corporate culture for decades.

“We mostly play cards, but some of us who aren’t interested end up paying Taboo or Parcheesi. Parcheesi is something we’ve been playing for generations. It’s great fun because it brings everyone together. We argue and laugh a lot,” concludes Kuchipudi exhibitor Yamini Reddy.

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Southern Company Subsidiary and TerraPower Complete Installation of Integrated Effects Test, Key Milestone in Molten Chloride Fast Reactor Development https://upbeetcommunications.com/southern-company-subsidiary-and-terrapower-complete-installation-of-integrated-effects-test-key-milestone-in-molten-chloride-fast-reactor-development/ Tue, 18 Oct 2022 17:00:00 +0000 https://upbeetcommunications.com/southern-company-subsidiary-and-terrapower-complete-installation-of-integrated-effects-test-key-milestone-in-molten-chloride-fast-reactor-development/ The project continues the path of the U.S. Department of Energy’s Advanced Reactor Concepts (ARC-15) program to promote the design, construction and operation of Generation IV nuclear reactors ATLANTE, October 18, 2022 /PRNewswire/ — Southern Company, through its subsidiary Southern Company Services, and TerraPower have completed the Integrated Effects Test installation, marking a critical milestone […]]]>

The project continues the path of the U.S. Department of Energy’s Advanced Reactor Concepts (ARC-15) program to promote the design, construction and operation of Generation IV nuclear reactors

ATLANTE, October 18, 2022 /PRNewswire/ — Southern Company, through its subsidiary Southern Company Services, and TerraPower have completed the Integrated Effects Test installation, marking a critical milestone in the development of the world’s first molten chloride fast reactor (MCFR) from Terra Power. The test is the world’s largest salt chloride system developed by the nuclear industry. The project culminates years of separate effects testing and is expected to demonstrate how MCFR technology will work to provide a commercial-scale, cost-effective, carbon-free molten salt reactor power source by 2035.

“Southern Company’s research and development program is committed to advancing next-generation nuclear as part of a diverse technology portfolio supporting our goal of a net-zero future for customers,” said Dr. Mark S. Berry, Senior Vice President R&D of Southern Company Services. “We are honored to collaborate with TerraPower, the Department of Energy, and other team members to pursue this goal through integrated effects testing. Collaborations like this are essential to making transformational change to our energy system a reality.”

Located at the TerraPower laboratory in Everett, Washington, the integrated effects test is a non-nuclear, externally heated, multi-loop system up to 1 megawatt to support future deployment of a fast spectrum salt test reactor. The project continues work initiated in 2015 by Southern Company Services and TerraPower as part of the U.S. Department of Energy’s (DOE’s) Advanced Reactor Concepts (ARC-15) Award, a multi-year effort to promote the design, construction and operation of generation IV nuclear reactors. The project team also includes CORE POWER, EPRI, Idaho National Laboratory, Oak Ridge National Laboratory and Vanderbilt University. The program represents a $76 million total project investment with a public-private cost share of 60% to 40%.

“The completion and installation of the integrated effects test is an important step in advancing TerraPower’s Molten Chloride Fast Reactor technology,” said Jeff Latkowski, Senior Vice President of Innovation Programs at TerraPower. “MCFR will play a pivotal role in decarbonizing heavy industries, and we are proud to work with Southern Company, CORE POWER and other partners to develop the systems needed to bring new reactors to market.”

The next generation of nuclear reactors promises customers the same stable value that is derived from today’s operating nuclear fleet, can supplement intermittent renewable resources on the grid, and has the potential to provide heat and storage for energy-intensive industrial markets and maritime transport sectors currently dependent on fossil fuels. Nuclear energy will be at the heart of a sustainable and clean energy future – providing affordable, reliable, resilient and dispatchable carbon-free energy that is available around the clock, making the success of this project a critical component to achieving net saving zero by 2050.

The Integrated Effects Test signals significant progress in the technology demonstration roadmap for TerraPower’s MCFR. The operational data from the trial will help validate the thermal-hydraulic and safety analyzes needed for the MCFR. The system will also support the development and operation of the Molten Chloride Reactor experiment at the Idaho National Laboratory, a sub-200 kilowatt reactor intended to provide experimental and operational data. The integrated effects test and Molten Chloride Reactor experiment will inform the design, licensing and operation of an approximately 180 megawatt MCFR demonstration planned for the early 2030s.

A September 9 The groundbreaking ceremony included representatives from Southern Company, TerraPower, Idaho National Laboratory, the project and construction team, and technology partners. Construction of the built-in effects test was completed by McAbee Construction Inc., and all electrical support was provided by Gulf Electric Company.

In a message recorded at the event, Dr. Catherine HuffAssistant Secretary of the U.S. Department of Energy’s Office of Nuclear Power, said, “The IET facility is a huge step forward in the commercialization of molten salt reactor technology that will help the United States transition to a new clean energy economy and to position the United States as a leader in the development of advanced reactor technologies. »

TerraPower’s MCFR is one of the most advanced Generation IV nuclear technologies under development and is distinct from TerraPower’s Natrium™ reactor and integrated energy storage technology. The MCFR is a liquid salt-fed, salt-cooled fast reactor that will allow operation at low pressure and high temperature. It offers superior performance, inherent safety and lifecycle durability benefits, reduced capital investment and operating and maintenance costs, and has the ability to operate with a number of power sources. fuel, including depleted and natural uranium or even spent fuel from existing reactors.

About the Southern Company

Southern Company (NYSE: SO) is a leading energy company serving 9 million customers through its subsidiaries. The company provides clean, safe, reliable and affordable energy through three-state electric utility companies, four-state natural gas distribution companies, a competitive generation company serving wholesale customers across America, a major distributed energy infrastructure, fiber optic and telecommunications network company. services. Southern Company brands are known for excellent customer service, high reliability and affordable prices below the national average. For more than a century, we’ve been building the future of energy and developing the full portfolio of energy resources, including carbon-free nuclear, advanced carbon capture technologies, natural gas, renewables, energy efficiency and storage technologies. Through an industry-leading commitment to innovation and a low-carbon future, Southern Company and its subsidiaries are developing the custom energy solutions our customers and communities need to drive growth and prosperity. Our uncompromising values ​​ensure that we place the needs of those we serve at the center of everything we do and govern our business for the benefit of our world. Our corporate culture and hiring practices have been nationally recognized by the US Department of Defense, GI Jobs magazine, DiversityInc, Black Enterprise, Forbes and the Women’s Choice Award. To learn more, visit www.southerncompany.com.

About Terra Power

TerraPower is a leading nuclear innovation company striving to improve the world through nuclear energy and science. Since its creation by Bill Gates and a group of like-minded visionaries, TerraPower has become an incubator and developer of ideas and technologies that deliver energy independence, environmental sustainability, medical advancement and other cutting-edge opportunities. He accepts and tackles some of the toughest challenges in the world. Behind each of its innovations and programs, TerraPower is actively working to bring together the strengths and experiences of the world’s public and private sectors to meet pressing global needs. Learn more at terrapower.com.

SOURCE Southern Company

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The lie of shareholder hegemony https://upbeetcommunications.com/the-lie-of-shareholder-hegemony/ Sun, 16 Oct 2022 05:10:40 +0000 https://upbeetcommunications.com/the-lie-of-shareholder-hegemony/ By Jim Hightower Watch out, class! Here is our word of the day: “hegemony”. The word describes a situation in which a force becomes the dominant power over a society. Think of a bunch of schoolyard bullies. Like them, various types of hegemonies have arisen throughout history to rule local, national, and even global “schoolyards,” […]]]>

By Jim Hightower

Watch out, class! Here is our word of the day: “hegemony”.

The word describes a situation in which a force becomes the dominant power over a society.

Think of a bunch of schoolyard bullies. Like them, various types of hegemonies have arisen throughout history to rule local, national, and even global “schoolyards,” overriding other interests and subordinating the entire community to their will.

We Americans face a particularly virulent and plutocratic version of this authoritarian rule. This is called “shareholder hegemony”.

It is rarely mentioned by the mass media, not taught in our schools, and politicians almost never bring it to public attention. It cannot be seen, because it is not an embodied hegemony, like an emperor, a church, a cartel or an occupying army. Rather, it is an ideological concept, nothing more than a figment of the company’s imagination.

And yet it has become the preeminent force shaping everything from economic and political inequality to global climate change and your civil rights.

Shareholder hegemony is a doctrine asserting that the first, foremost, and only moral obligation of corporate executives is to maximize profits for their shareholders.

Absurd? Yes.

What about customers, workers, communities, suppliers, the environment, the nation, the common good and all other legitimate interests directly affected by company decisions?

“It’s not our problem,” say supporters, “because our strict duty is to do whatever it takes to make as much money as possible for those who own our shares – everyone else be damned. “

This grotesquely shrunken ethical standard was fabricated and enforced by a small group of insiders who constitute what amounts to a cult of Machiavellian corporatists. They number only a few thousand people, including CEOs, board members, in-house lawyers, Wall Street fund managers, lobbyists, right-wing think tank ideologues and school deans. of business.

Yet collectively, these elites have become the formulators and promulgators of the corporate order that now dominates our nation of 329 million supposedly sovereign people.

The ascendancy of corporate supremacy in America is no accident. It has gradually invaded us through the deliberate conception of financial interests.

Their big breakthrough came in 1970, when their ideological gibberish received a veneer of academic legitimacy from the reigning University of Chicago laissez-faire economics guru, Milton Friedman. He embraced shareholders first and foremost as an absolute truth: “Corporate executives, provided they obey the law, do they have responsibilities in their business activities other than making as much money as possible for their shareholders? ?” he asked, before answering unequivocally, “No, they don’t.”

Friedman surely chuckled when he added that sly qualifier: “provided they abide by the law.” As we have all learned, corporations write the law, routinely pouring millions of dollars a year into lobbyists, lawyers, legislators and judges to ensure that the definition of what is legal will stretch as a giant prophylaxis on virtually any corporate sin.

Indeed, in an astonishing display of the cult’s manipulative magic, in the mid-1990s it had elevated its position as shareholders first in public usage so widespread that it was seen as law: Enough Professors , CEOs, lobbyists, journalists, et al. had repeated the false notion of shareholder primacy so often and so emphatically that they managed to introduce it into America’s vast and empty treasury of conventional wisdom.

In fact, there is no legal basis for placing stock prices and business owners above all other interests. No national law requires it, nor any state law.

On the contrary, until the 1970s, when corporatists began to push their radical (and ridiculous) model of “shareholder capitalism”, a more humble corporate culture preached and practiced “managerial capitalism”, to balance the search for profits with business needs. various other constituencies.

The “shareholder” hegemony is in fact a hegemony of executives, directors and big investors who pervert the entire economic system to channel the rivers of income and wealth of our society back into their coffers.

To add to the irony, insiders who promote the fiction of shareholder primacy have simultaneously built walls, moats and barricades around their fiefdoms to keep shareholders at bay and prevent the company’s putative “owners” from dying. have a substantial impact on how and for whom it is performed.

The corporate cult has “fixed” our economic and governance systems in the same sense that vets use the term: they have neutralized the legitimate power of the people themselves to be sovereign over (or at least to have a say in) decisions that affect their lives.

This hegemony of corporate profiteers crushes the life of our democratic ideals. An “anything goes” philosophy now reigns in nearly every major corporation, and these self-enriching princes of plutocracy extend their unethical and hegemonic control over the rest of us.

Greed has taken America’s true ethics prisoner, and the wealthy elites are now calling the devil “partner.”

Populist author, speaker, and radio commentator Jim Hightower writes “The Hightower Lowdown,” a monthly newsletter chronicling the ongoing struggles of American citizens against the power of plutocratic elites. Register at HightowerLowdown.org.

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Longtime Tampa business law firm merges with state firm Gunster https://upbeetcommunications.com/longtime-tampa-business-law-firm-merges-with-state-firm-gunster/ Mon, 10 Oct 2022 13:47:54 +0000 https://upbeetcommunications.com/longtime-tampa-business-law-firm-merges-with-state-firm-gunster/ A longtime Tampa tax and commercial law firm merges with one of the largest law firms in the state. Barnett, Kirkwood, Koche, Long & Foster is absorbed into the Gunster law firm of West Palm Beach, which now has more than 250 attorneys in 12 offices across the state. This includes Barnett’s Bayshore Boulevard office […]]]>

A longtime Tampa tax and commercial law firm merges with one of the largest law firms in the state.

Barnett, Kirkwood, Koche, Long & Foster is absorbed into the Gunster law firm of West Palm Beach, which now has more than 250 attorneys in 12 offices across the state. This includes Barnett’s Bayshore Boulevard office as well as his own office in downtown Tampa.

The deal more than doubles Gunster’s presence in Tampa. Prior to the merger, Gunster had 43 employees in Tampa, including 29 attorneys. After the merger, the company will have 90 employees here, including 51 lawyers.

“As we continue to grow strategically, it’s important to align ourselves with attorneys who are committed to both the legal profession, the local communities we serve, and the State of Florida,” said Bill Perry, Gunster’s managing shareholder, in a statement. “The leadership and enthusiasm of Barnett’s attorneys around these causes are qualities we hold sacred at Gunster, which makes this merger appealing from a cultural standpoint, as well as a client service perspective. “

Terms of the merger were not disclosed.

Related: Florida’s Largest Law Firm Moves to Tampa’s Westshore District

Barnett was founded over 40 years ago as a boutique tax, money management and estate planning firm, and has since expanded to encompass many areas of business law, including tax law and legal corporate finance and corporate and insurance litigation.

“After careful consideration, Barnett shareholders have determined that Gunster is the best fit to continue and expand the level of service and care we provide to our wonderful clients, while strengthening the professional culture of our exceptional lawyers and staff. “said Peter, managing partner of Barnett. Kirkwood said in a statement. “There are many exceptional law firms in Tampa, but we believe Gunster shares our commitment to excellence.”

Related: Law firm extends Tampa lease in one of the biggest office deals of the year

Kirkwood and fellow partners Leslie Barnett, David Koche and Thomas Long are among 22 Barnett attorneys moving to Gunster.

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