Trump promises massive US tariff hikes for goods coming from Canada, Mexico and ChinaMurad advises IBA graduates to lead with empathy, integrity, social responsibility Sindh Chief minister Syed Murad Ali Shah, as patron of the IBA Karachi, presided over its convocation ceremony on Saturday, celebrating the achievements of the Class of 2024. Addressing the gathering, he said true leadership extends beyond personal success. Shah congratulated the graduating class and commended their hard work, resilience, and dedication. “Today, we celebrate your academic accomplishments and the perseverance that brought you here and this moment is a testament to your talent and the support of your families,” he stated. The CM also highlighted a historic milestone that the IBA Karachi would achieve next year, marking 70 years of excellence in education, leadership, and innovation. “Seventy years of nurturing talent and shaping leaders is a legacy few institutions can claim,” he said and added that this milestone reflected the dedication and vision of the IBA’s faculty, administration, and students. Moreover, the commitment of the IBA Karachi to academic excellence was a focal point of the event. With 67 per cent of its faculty holding PhD degrees, the institute continues to foster a rigorous academic environment and produce graduates prepared to navigate the challenges of an evolving global landscape. He emphasised the critical role of institutions like the IBA Karachi in shaping the nation’s future. “As graduates, you must embrace advancements in artificial intelligence, data science, and digital transformation,” he said and added that Pakistan’s vibrant youth and its growing technological ecosystem hold immense potential to contribute meaningfully on the global stage. The influential alumni network of the IBA Karachi, consisting of over 18,000 individuals, was also recognised as a significant asset. Alumni have made notable contributions across various sectors and serve as role models for the graduating class. In his closing remarks, CM Shah encouraged graduates to lead with empathy, integrity, and social responsibility. “True leadership extends beyond personal success. The knowledge and skills you have gained here should be used to create positive change and uphold the highest standards of integrity,” he said. The convocation marked a proud moment for graduates and their families as they prepared to embark on new journeys. The event also set the stage for IBA Karachi’s upcoming 70th-anniversary celebrations, reflecting on its rich legacy and continued impact on education and leadership in Pakistan. Executive Director IBA Dr Akbar Zaidi thanked the CM for his valuable time in attending the event. Clad in a convocation robe, the chief minister presented medals and degrees to the position holders. He applauded the graduating students on achieving this remarkable milestone which is a testament to their dedication and perseverance. Dr Zaidi stated, “Today is particularly special as we celebrate the largest graduating class in IBA’s history.” He added, “This day also marks the beginning of a momentous year as we look forward to celebrating IBA’s 70th Anniversary—a testament to our legacy of excellence and transformation.” At the convocation held at the main campus, 1,353 graduates were conferred degrees in several disciplines. The graduating batch included 990 graduates from six undergraduate programmes, 362 graduates from 11 postgraduate programmes, and one PhD graduate. The convocation ceremony featured the position holders in various degree programmes, who were awarded medals, shields, and merit certificates. Rowing Champion, Syeda Manahil Hussain (Class of 2024), was awarded the 'Excellence in Sports’ Award.
( MENAFN - AFP) America's largest private employer, Walmart, is the latest name to join a list of US businesses and institutions rethinking programs to bolster minority groups as support for progressive policies erodes. Walmart said it will phase out the terms "diversity, equity and inclusion" (DEI) and "Latinx," end supplier diversity programs, shutter a racial equity center and pull out of a prominent gay rights index. The announcement comes in the wake of similar moves by a string of prestige brands -- from Ford, John Deere and Lowe's to Harley-Davidson and Jack Daniel's -- reflecting a backlash against so-called political correctness in American public life. The rightward shift is credited in part for populist Donald Trump's White House comeback and for laying the groundwork for a 2023 Supreme Court ruling ending affirmative action in college admissions. DEI initiatives aim to right historical discrimination but conservatives have long criticized them as unfairly targeting white people, particularly men, as well as being performative "virtue-signaling." Anti-DEI activist Robby Starbuck, who lobbied Walmart before its announcement, celebrated the "biggest win yet for our movement to end wokeness in corporate America" and noted that the company's stock had risen 2.1 percent. "Our movement is a force in the market. Go woke, go broke actually has meaning now," he posted on X. - 'Down everybody's throats' - Starbuck, 35, told AFP in an interview before Trump's November 5 victory over Democrat Kamala Harris -- who was criticized for previous "woke" policy positions -- that ordinary Americans were sick of inclusivity and diversity policies at US companies. "People are entitled to their views, and we need to have a system that creates equal footing for everybody and doesn't force any one ideology down everybody's throats," he said. Emboldened by Trump's campaign pledges to end "wokeness," conservative groups have been filing numerous lawsuits targeting corporate and federal programs aimed at elevating minorities and women. Trump himself focused mostly on political correctness that he says is infecting the nation's classrooms, promising executive orders to cut federal funding schools pushing critical race theory and "transgender insanity." The president-elect has surrounded himself with anti-woke allies of all stripes, including his incoming deputy policy chief Stephen Miller, whose America First Legal group has targeted corporate diversity. The military has been the main target of anti-woke crusaders in the US Congress, who argue that racial justice education and an obsession with climate change have made the troops go soft and driven a recruitment slump. Republican lawmakers who spent much of the last congressional session locked in a war with Pentagon leaders on political-correctness were rewarded with Trump's pick to lead the defense department's workforce of three million -- anti-DEI Fox News host Pete Hegseth. - 'We aren't perfect' - Conservative activists hailed 2023 as a landmark year in America's never-ending culture wars, when the conservative-majority Supreme Court ended affirmative action in university admissions, reversing a major gain of the 1960s Civil Rights Movement. Conservative groups pounced on the ruling to fight all manner of diversity programs in court. And in March, the University of Florida ended DEI programs and related jobs as part of Republican Governor Ron DeSantis's offensive against "woke ideology" -- joining campuses in around a dozen other states. Workers are divided on the merits of DEI, with a slowly-growing share saying their company pays too much attention to the issue -- 19 percent in an October Pew Research Center poll compared with 14 percent in the same survey in February 2023. But a new poll of 1,300 employees from business think tank The Conference Board, showed a robust 58 percent indicating that their organization devotes the appropriate level of effort on DEI. "Leaders should focus on what really matters for their workforce amid the noise, as these initiatives are crucial for attracting and retaining current and future talent," said Allan Schweyer, the group's principal Researcher for human capital. MENAFN27112024000143011026ID1108934300 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.Washington Commanders bring back familiar face in wake of RB injuries | Sporting News
I THINK many would agree with me when I say that to catch up with the many changes in the way our organizations perform, we have to look at areas that need closer attention. I refer particularly to the way work is understood and performed in a general sense. There is no other period in history than our current one in that a plethora of research and papers are published on intergenerational and cross-generational factors that affect workplaces among institutions. Recently, an article was published on this topic that focused on the Philippine context: "Motivating Filipino Generation Z Employees at Work: Enablers and Outcomes" by researchers from the Ateneo de Manila University. The study examined what motivates Gen Z workers, those born between 1995 and 2012. This is a concern all organizations should look into if they want to maximize the talents and abilities of this youngest unit in many institutions and to keep them as assets of the organization. For the sake of productivity through meaningful work, this demands prudent scrutiny from many institutions since many of those who lead and manage Gen Zs and millennials (those born from 1980 to 1994) belong to another generation who may not share the same values and perspective on work as the present generation. Register to read this story and more for free . Signing up for an account helps us improve your browsing experience. OR See our subscription options.Deliberate disinformation campaigns are a public health risk – but NZ has no effective strategy to deal with it
RENO, Nev., Dec. 11, 2024 (GLOBE NEWSWIRE) -- Ormat Technologies, Inc. (NYSE: ORA) (“Ormat” or the “Company”), a leading geothermal and renewable energy technology company, announced today the commencement of an underwritten secondary offering of an aggregate of 3,700,000 shares of its common stock on behalf of ORIX Corporation. Ormat is not offering any of its common stock in the offering for its own account and will not receive any proceeds from the sale of the shares being offered by the selling stockholder. Goldman Sachs & Co. LLC is acting as the sole book-running manager and underwriter for the offering. Goldman Sachs & Co. LLC will have a 30-day option to purchase up to an additional 555,000 shares of Ormat’s common stock from ORIX Corporation. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. The offering is being made pursuant to an automatically effective shelf registration statement on Form S-3 filed with the U.S. Securities and Exchange Commission on December 11, 2024. The offering may be made only by means of a base prospectus and a related prospectus supplement, copies of which may be obtained by contacting c/o Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, or by telephone at (866) 471-2526, or email at prospectus-ny@ny.email.gs.com . ABOUT ORMAT TECHNOLOGIES With over five decades of experience, Ormat Technologies, Inc. is a leading geothermal company and the only vertically integrated company engaged in geothermal and recovered energy generation (“REG”), with robust plans to accelerate long-term growth in the energy storage market and to establish a leading position in the U.S. energy storage market. The Company owns, operates, designs, manufactures and sells geothermal and REG power plants primarily based on the Ormat Energy Converter – a power generation unit that converts low-, medium- and high-temperature heat into electricity. The Company has engineered, manufactured and constructed power plants, which it currently owns or has installed for utilities and developers worldwide, totaling approximately 3,400MW of gross capacity. Ormat leveraged its core capabilities in the geothermal and REG industries and its global presence to expand the Company’s activity into energy storage services, solar Photovoltaic (PV) and energy storage plus Solar PV. Ormat’s current total generating portfolio is 1,500MW with a 1,230MW geothermal and solar generation portfolio that is spread globally in the U.S., Kenya, Guatemala, Indonesia, Honduras, and Guadeloupe, and a 270MW energy storage portfolio that is located in the U.S. FORWARD-LOOKING STATEMENTS Information provided in this press release may contain statements relating to current expectations, estimates, forecasts and projections about future events that are “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements concerning the completion of the offering. Actual future results may differ materially from those projected as a result of certain risks and uncertainties and other risks described under “Risk Factors” as described in Ormat’s annual report on Form 10-K filed with the Securities and Exchange Commission (“SEC”) on February 23, 2024, and in Ormat’s subsequent quarterly reports on Form 10-Q and annual reports on Form 10-K that are filed from time to time with the SEC. These forward-looking statements are made only as of the date hereof, and, except as legally required, Ormat undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise.
The Trump and Biden teams insist they're working hand in glove on foreign crisesNone
Gun found on suspect in killing of UnitedHealthcare CEO matches shell casings at scene, police say ALTOONA, Pa. (AP) — New York City’s police commissioner says the gun found on the suspect in the killing of UnitedHealthcare’s CEO matches shell casings found at the crime scene. Commissioner Jessica Tisch also said Wednesday that lab results matched suspect Luigi Mangione’s prints to a water bottle and a snack bar wrapper found near the scene of the killing. Police had said earlier that they believed the gunman bought the items at a nearby coffee shop while awaiting his target. Mangione is jailed in Pennsylvania on weapon and forgery charges, but he also has been charged in New York with murder in Brian Thompson's death. His lawyer has noted that Mangione is presumed innocent. Authorities are scrutinizing evidence and the suspect’s experiences with the health care industry. Arguments over whether Luigi Mangione is a 'hero' offer a glimpse into an unusual American moment Memes and online posts in support of 26-year-old Luigi Mangione, who's charged with killing UnitedHealthcare's CEO, have mushroomed online. Some cast Mangione as a hero. That's too far, says Pennsylvania Gov. Josh Shapiro, a rising Democrat who was almost the Democratic vice presidential nominee this year. CEO Brian Thompson's death touched off off these ripples. They offer a glimpse into how so many different aspects of 21st-century life can be surreally connected, from public violence to politics, from health care to humor, or attempts at it. FBI Director Wray says he intends to resign before Trump takes office in January WASHINGTON (AP) — FBI Director Christopher Wray says he plans to resign at the end of President Joe Biden’s term in January. The announcement Wednesday comes a week and a half after President-elect Donald Trump announced his intention to nominate loyalist Kash Patel for the position. His impending resignation will bring him three years short of the completion of a 10-year term during which he tried to keep the FBI out of politics even as the bureau found itself entangled in a string of explosive investigations. Trump applauded the news Wednesday, saying it will end the weaponization of what he called the “Department of Injustice.” Donald Trump will ring the New York Stock Exchange bell as he's named Time's Person of the Year NEW YORK (AP) — President-elect Donald Trump is expected to ring the opening bell at the New York Stock Exchange for the first time and be named Time magazine's Person of the Year. Thursday's events will be a notable moment of twin recognitions for Trump, a born-and-bred New Yorker who has long seen praise from the business world and media as a sign of success. Four people with knowledge of his plans told The Associated Press that Trump was expected to be on Wall Street on Thursday to mark the ceremonial start of the day's trading, while a person familiar with the selection confirmed that Trump had been selected as Time's Person of the Year. The Trump and Biden teams insist they're working hand in glove on foreign crises WASHINGTON (AP) — President-elect Donald Trump doesn’t think much of Joe Biden’s foreign policy record. He frequently casts the outgoing Democratic president as a feckless leader who shredded American credibility around the world during his four-year term. But the Trump and Biden national security teams have come to an understanding that they have no choice but to work together as conflicts in Gaza, Syria and Ukraine have left a significant swath of the world on a knife’s edge. It’s fuzzy how much common ground Biden and Trump’s teams have found as they navigate crises that threaten to cause more global upheaval as Trump prepares to settle back into the White House. Syrians flock to morgues looking for loved ones who perished in Assad's prisons DAMASCUS (AP) — Many bodies have been found in Syrian detention centers and prisons since President Bashar al-Assad's government fell. Now Syrians around the world are circulating images of the corpses in hopes that they will see slain loved ones whose fate had been a mystery. At the morgue visited by The Associated Press on Wednesday in Damascus, families flocked to a wall where some of the pictures were pinned in a haunting gallery of the dead. Relatives desperately scanned the images for a recognizable face. Some of the prisoners died just weeks ago. Others perished months earlier. US warns Russia may be ready to use new lethal missile against Ukraine again in 'coming days' WASHINGTON (AP) — The Pentagon says Russia could launch its lethal new intermediate-range ballistic missile against Ukraine again soon. Pentagon spokeswoman Sabrina Singh cited a U.S. intelligence assessment in telling reporters on Wednesday that an attack could come “in the coming days.” She says the U.S. does not consider the Oreshnik missile a game changer on the battlefield. But that Russia is using the weapon to intimidate Ukraine as both sides wrestle for an advantage that will give them leverage in any negotiations to end the war. The Russian Defense Ministry also is warning it may retaliate against Kyiv for an attack on a military base in the Rostov region in southern Russia on Wednesday. Israeli strikes on Gaza kill at least 33 including children, Palestinian medics say DEIR AL-BALAH, Gaza Strip (AP) — Palestinian medical officials say Israeli strikes on the Gaza Strip have killed at least 33 people. One of the strikes hit a home where displaced people were sheltering in the isolated north, killing 19. A separate strike outside nearby Kamal Adwan Hospital killed a woman and her two children, and another strike in central Gaza killed at least seven people. Israel's military says it tries to avoid harming civilians and accuses militants of hiding among them, putting their lives in danger. Local health officials say Israel’s retaliatory offensive after the Hamas attack on Oct. 7, 2023 has killed over 44,000 Palestinians in Gaza. Hannah Kobayashi, missing Hawaii woman whose disappearance prompted a massive search, is found safe LOS ANGELES (AP) — Hannah Kobayashi has been found safe. That’s according to the Los Angeles Police Department. Kobayashi vanished last month in Los Angeles. The missing Hawaii woman's disappearance prompted a massive search and a missing persons investigation. It was not immediately clear where she was found, but police previously said she had voluntarily crossed the border into Mexico. The LAPD said Wednesday the department will wrap up its investigation. Kobayashi's family reported her missing to law enforcement on Nov. 11 after relatives received “strange and cryptic, just alarming” text messages. Kobayashi’s mother and sister said they are “grateful” she has been found safe. Saudi Arabia will host the 2034 World Cup. But when exactly? ZURICH (AP) — Saudi Arabia scored a major win in its campaign to attract major sports events to the kingdom when it was formally appointed as the 2034 World Cup host on Wednesday. Still, many questions remain about the tournament. Key issues include during which part of the year to stage the tournament, where to play the games, whether alcohol will be allowed at all and how to protect workers rights in the massive construction projects required to host the World Cup.
In her new book, “We Will Rest! The Art of Escape,” the author and academic says you too can flee the toxic grind culture. Subscribe to continue reading this article. Already subscribed? To login in, click here.