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Can Cryptocurrency Work As An Inflation Hedge?

Wealthramp

Many investments that had performed well in the past years are not thriving this year. We are experiencing high levels of inflation that haven't happened in years. You may or may not have invested in crypto, which has tanked 70% since the end of last year. Is crypto an effective inflation hedge? Should you buy it at a low price? As an investor, you look for places to put your money to earn money for yourself. The return on investment you’re likely to get depends on your risk tolerance. If you’ve invested in the stock market, you’ve seen your balance drop recently, and you might be wondering if it's time to test the cryptocurrency waters. In today’s inflationary environment, you’re looking for smart ways to mitigate the effects of this economic downturn. Read on to learn more about Bitcoin, Ethereum, stablecoins, and cryptocurrency-related exchange-traded funds (ETFs); their value as an inflation hedge; and if they are appropriate for your portfolio. It might be time to find a fiduciary financial advisor with crypto expertise for advice. Traditional Inflation Hedges And Crypto Inflation simply means a dollar today is going to be worth less in the future. During high inflation, people try to buy things that are in a limited quantity, such as commodities and land. Certain stocks — bank stocks and defensive stocks like consumer staples and healthcare — tend to do well when the Fed raises interest rates; others — like utility stocks — often suffer. Crypto is also available in a limited quantity. One initial hope for cryptocurrencies was that they might not follow the stock market’s ups and downs, becoming a place to flee from a stock bear market. We’ve seen so far that crypto seems to move in lockstep with the broader market. However, many crypto natives tout its benefits as a hedge against inflation. Cryptocurrency As an Inflation Hedge Bitcoin and Ethereum are the first cryptocurrencies, and they’ve been joined by 19,000 more varieties and growing. Bitcoin, the original cryptocurrency and the largest by market capitalization, was created with inflation in the back of the creator’s mind. The total supply of Bitcoin is capped at 21 million coins, which will probably be reached in 2140. When the final number of coins is reached, no more will be minted. Theoretically, the consistently low inflation rate and large market cap inherent in its design make Bitcoin a favorable currency to hedge against inflation. Ethereum is also designed to be deflationary. Even though its network still creates Ether tokens, it burns or destroys them regularly to shrink the supply. A 2% annual decline is expected, meaning the coin should become scarce over time, acting as an inflation hedge. Other cryptocurrencies display varying degrees of scarcity and deflationary properties. Are cryptocurrencies immune from inflation? As yet, crypto has not proven to be a more effective inflation hedge than stocks. “Traditionally, investments which have the ability to pass on rising costs to consumers have proven to be good inflation hedges,” says Jeffrey George, CFA, CEPA, a financial advisor with deep experience in crypto investing on Wealthramp, a free advisor matching platform. “As cryptocurrencies do not inherently produce a cashflow (staking is more like collateralized lending), their ability to act as an inflation hedge is entirely based on investor demand. In that sense, they’re probably better characterized as a hedge against fears of a rapid decline in the value of the dollar as opposed to above-average inflation rates. It’s a fine line, but there is a difference – you can have one without the other.” Connecting with a fiduciary financial advisor such as those vetted by Wealthramp, can be a way to reduce the risk of investing in crypto. Is Bitcoin the New Gold? Gold has been an investor go-to during times of high inflation. Some digital currency experts dub Bitcoin “digital gold” because, like gold, it is in limited supply. Traditional wisdom has held that gold — and land — function as inflation hedges because of scarcity, and, therefore, Bitcoin will too. The comparison is not unwarranted, but a fundamental difference — that you can possess the physical reality of gold or land in a way you can’t with a computer-generated digital asset — weakens the argument. Cryptocurrencies are intangible and exist only on the internet. In 2022, it’s not certain whether Bitcoin will prove to be the gold-like inflation hedge its promoters consider it to be. However, owners of Bitcoin when it touched $68,990.90 a coin in November 2021, might disagree. Even after its recent drop in the price of over 70%, its supporters remain convinced that the digital currency market will rebound. Setting the Record Straight on Earning Interest from Crypto When you read about earning 12% interest anywhere, you’re intrigued because the term “interest” may connote there is no risk. Your bank, Certificate of Deposit (CD), I Bond, and money market account pays you interest without the risk of losing principal. If you buy a $1,000 CD, you know for sure you’ll get that $1,000 — your principal — back, plus the agreed-upon interest-less fees, if any. It’s not risky. When you engage in financial transactions like that, you are saving — as opposed to investing, which carries some risk that you might not get all of your principal back. When you use a crypto platform to earn interest, you don’t have the guarantee that you’ll get your principal back. You probably will, but you might not. That’s investing for a return, not saving for an interest payment. Risks of Cryptocurrency Investment You Need to Know Crypto investment can take different forms, including direct purchase of coins, stablecoin conversions, and earning interest. Buying crypto outright is one way to invest, but the recent 70%+ drop as crypto entered a roaring bear market has given most investors pause. If you’re not sure about jumping in on your own, an experienced fiduciary financial advisor with crypto expertise on Wealthramp can help. The right fiduciary financial advisor can help you rethink about how you should diversify your portfolio. If you dipped a toe in the crypto waters and are suffering frostbite from the current crypto winter, it might be time to warm up to an advisor who can help. They can review your portfolio and work with you to figure out if you should invest in crypto as part of your portfolio now, given its low price, and if so, how to do it in a way that matches your risk tolerance. A good financial advisor will talk to you about your financial goals and investment strategies and help you create a plan. Stablecoins Are Not the Same As Dollars Stablecoins are another seductive investment, promising interest rates in the double digits, far above that you can earn at a bank. Stablecoins are digital assets that are designed to maintain a stable value relative to a national currency or other reference assets. A stablecoin is a cryptocurrency whose value is tied to another asset to attempt to reduce volatility and increase safety. Confidence in stablecoins can be undermined because of its reserve assets that could fall in price or become illiquid. Sometimes redemption attempts fail, as when the Celsius network refused to return deposits to account holders. Cryptocurrency is not a silver bullet to hedge inflation, and stablecoins are not risk-free. Beware Crypto Sales Narratives from Promoters Crypto sales narratives can be misleading. Before you listen to advice on crypto or other financial matters, ask if the writer is a promoter or real expert. Determine their background and motivations and make sure their aim is to build investors’ confidence in crypto. In perhaps no other financial sector is it more important today to have a fiduciary financial advisor who is looking out for you. A new financial opportunity like digital currency hasn’t been around long enough for regulators to work out the kinks, so you’re less protected than with other long-available investment opportunities. If you’re interested in crypto investments, Wealthramp can help you find an advisor who knows the ins and outs and who will guide you on a safer, more positive crypto investment journey and dynamic investing strategies. Carry On, Keep Calm — Crypto Investment Works Best With A Trusted Financial Advisor Crypto has not been proven to be an effective inflation hedge. It’s a new investment vehicle you may want to consider as part of your portfolio, but it’s no magic bullet. With its high risks, rampant scams, and confusing narratives, it’s important to consult with an expert who acts in your best interests rather than invest in crypto on your own. Whether you are considering investing in crypto or need help creating a new strategy for today’s down markets and high inflation economy, consider working with an experienced fiduciary financial advisor — like the ones Wealthramp can match you with — who can help you look at the overall picture of your specific needs, financial goals, and risk tolerance and partner with you to create a plan with effective investment strategies. A fiduciary advisor is legally required to provide you with advice that is in your best interests. Pam Krueger is the founder and CEO of Wealthramp, a free adviser-matching platform that connects people with rigorously vetted and qualified fee-only financial advisers. She is also the creator and co-host of MoneyTrack on PBS and Friends Talk Money podcast for PBS Next Avenue. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Wealthramp is a fintech company with a mission to connect people to the right fee-only advisor who will help them meet their financial goals throughout their life. We are the only advisor matching platform that doesn’t sell consumers’ information or share without their permission. Every advisor invited to join our network is personally vetted by Founder & CEO Pam Krueger, who has decades of experience in the investment industry and media educating people to never settle for an advisor who doesn’t exceed their expectations. Unlike brokers who sell products and earn commissions, the independent fiduciary CFPs, CFAs and CPAs at Wealthramp are legally held to acting solely in clients’ best interests and have the expertise and characteristics essential to build a relationship with a client that lasts generations. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Wealthramp Louis Grant +1 902-412-8644 louis@wealthramp.com Company Website https://wealthramp.com/

August 08, 2022 09:51 AM Eastern Daylight Time

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CITIES IN WASHINGTON COUNTY ADOPT UTAH’S MOST RESTRICTIVE ORDINANCES TO HELP PREVENT WATER SHORTAGE IN NATION’S FASTEST-GROWING REGION

Washington County Water Conservancy District

Washington County’s largest cities have banned non-functional grass for newly constructed commercial, institutional and industrial developments and are limiting grass at new homes. 1 In addition, new golf courses in St. George will not be approved unless the development can provide its own non-potable water source for irrigation. The ordinances, needed to prevent the fastest growing region in the nation from running out of water, are the most restrictive for new construction in Utah. “We can’t risk running out of water,” said Zach Renstrom, general manager of the Washington County Water Conservancy District (district). “Prolonged drought has threatened our only water source – we have to make changes to how our community uses its water to protect our economy and quality of life.” “We applaud Washington County’s water conservation accomplishments and current efforts, including setting a higher development standard in the state with these new municipal ordinances,” said Utah Gov. Spencer J. Cox. “Our future depends on every community in Utah making water conservation a top priority.” The ordinances also require the use of secondary (untreated) water and reuse (treated wastewater) for outdoor irrigation where available. Washington County currently uses secondary and reuse water to irrigate parks, schools, golf courses, city-owned facilities and some residential neighborhoods. The district is developing a regional reuse system in partnership with its municipal customers that will significantly enhance the availability of reuse water for future development. Other ordinance requirements include: Hot water recirculation systems Water-sense labeled fixtures EnergyStar appliances Submetering of multi-unit facilities Restrictions on water features including misting systems Water budgets for golf courses, and Limits on water used by car wash facilities The new ordinances are projected to save nearly 11 billion gallons of water in the next 10 years. Each respective municipality will enforce its new ordinance. The cities will review received water waste complaints and monitor metering data to notify and issue penalties to non-compliant customers. To help encourage compliance, the district will begin assessing an additional fee for high water use in 2023. Money generated from this fee will fund water conservation programs, including rebates to replace grass with water-efficient landscaping. Most municipalities require a minimum landscape vegetative cover using drought-tolerant plants and trees irrigated with a drip system to maintain community aesthetics and reduce impacts from urban heat island effects. Washington County is Utah’s hottest, driest and fastest-growing region. The county’s population is projected to more than double by 2050. All major population centers are currently dependent on a single water source, the Virgin River Basin, which is reaching its full development capacity. The basin has been in drought conditions 16 of the last 20 years and water supply levels at local reservoirs are decreasing. The county’s long-term water supply plan includes additional water conservation and reuse, local source optimization and new resource development. Washington County has already reduced its per capita water use more than 30% since 2000 – the greatest reduction in water use in Utah – and is planning for an additional 14% reduction by 2030, using 2015 as the baseline year. 1 Residential restrictions vary slightly by municipality, but most are limited to 8% of the lot size with a cap for large lots. Grass in park strips, in areas less than 8 feet wide and on slopes is prohibited. About Washington County Water Conservancy District The Washington County Water Conservancy District is a not-for-profit public agency that oversees water resources in Washington County, Utah. Visit wcwcd.org for more information. Contact Details Washington County Water Conservancy District Karry Rathje +1 435-673-3617 karry@wcwcd.org Company Website https://www.wcwcd.org/

August 03, 2022 07:51 AM Mountain Daylight Time

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A Million Dollars Will ‘Level Up’ Thousands of Houston Area Residents Out of Digital Divide

Comcast Houston

If you’ve ever played a popular 80’s video game, then you know about the disadvantages your character has right out of the gate. You can’t jump as high or as far, and it’s easier to lose the level and have to start all over again. But in the first few seconds, there’s usually always a chance to ‘level up’ your character. Instantly, you can jump higher and farther, run faster and if you encounter an enemy, you still have another chance at winning the level. There are thousands of Houston area residents who — from a digital perspective — aren’t ‘leveled up” and therefore struggle to participate in the digital economy. Some Houstonians still don’t know how to surf the web, write emails or create a resume. Others don’t even have a reliable and fast internet connection in their homes. The digital divide is still big. According to the 2020 U.S. Census Bureau’s American Communities Survey, one in ten households, or 687,086 households, in the greater Houston area do not have an internet subscription or do not have a computer. They want to ‘level up’, and they are about to get it. Comcast, the Houston area’s largest internet service provider, is giving more than one million dollars this year to local organizations that help students, adults and people with disabilities ‘level up’ their computer, career development and tech education skills. The million-dollar investment will also support ongoing efforts to build awareness about low-cost or no-cost connectivity programs like Internet Essentials and the federal government’s Affordable Connectivity Program (ACP). “These investments are a part of Comcast’s ongoing efforts to make a real difference in southeast Texas by giving families an opportunity to thrive in this digital age,” Ralph Martinez, Comcast Houston’s Regional Senior Vice President, said. “The Internet is where life happens. It allows students to expand their educational aspirations and it empowers parents to explore better job openings so they can ultimately deliver a better quality of life for their families.” So far, Comcast has given grants to eight Houston area organizations. More announcements will be made later this year. United Way | Funding will be used to provide tech experts (Digital Navigators) to help people in need of digital skills training. BakerRipley | Funding will support computer skills, software, email and internet safety training for low-income adults in the Houston area. Comp-U-Dopt | Funding will support students participating in Early Adopters, STEAM Team and Learn2Earn, which brings technology education to area youth. Comp-U-Dopt will also use the funding to provide tech experts (Digital Navigators) to help people in need of digital skills training. Easter Seals of Greater Houston | Funding will support the development of a curriculum for people with disabilities to help them successfully learn to use digital technology to gain and maintain employment. The Boys and Girls Club of Greater Houston | Funding will help high school students gain technical and leadership skills through the Workforce Readiness Program. AAMA | Funding will be used to purchase technology and equipment to support students through the training program at the Work and Learn Center, with an emphasis on digital literacy and design. Dress for Success | Funding will be used to provide Houston-area women with the resources needed to obtain long-term employment through access to job readiness training, digital skills workshops, computers and mobile labs. AVANCE-Houston | Funding will support adult literacy program and continue to build pathways to economic mobility for families in the community. “We are passionate about doing our part to help close the digital divide and committed to helping establish a more equitable foundation for learning, working and succeeding,” Martinez said. Comcast remains steadfast in its efforts to connect people to moments that matter, to connect families to opportunities in Southeast Texas. For more than a decade, the company has offered Internet Essentials to help low-income Americans access reliable, high-speed internet. Comcast is now a proud champion of the federal government’s new Affordable Connectivity Program. ACP gives qualifying households up to $30 towards their monthly internet bill. With ACP, Comcast’s Internet Essentials internet service is free. As more Houston area residents get the ‘level up’ they need, just like in their gameplay, they will have more chances to keep advancing—better jobs, better education, innovation, opportunities and yes, more fun and better gaming. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company that connects people to moments that matter. We are principally focused on connectivity, aggregation and streaming with 57 million customer relationships across the United States and Europe. We deliver broadband, wireless, and video through our Xfinity, Comcast Business, and Sky brands; create, distribute, and stream leading entertainment, sports, and news through Universal Filmed Entertainment Group, Universal Studio Group, Sky Studios, the NBC and Telemundo broadcast networks, multiple cable networks, Peacock, NBCUniversal News Group, NBC Sports, Sky News, and Sky Sports; and provide memorable experiences at Universal Parks and Resorts in the United States and Asia. Visit www.comcastcorporation.com for more information. Contact Details Comcast Houston Steve Campion +1 832-920-2001 Steve_Campion@comcast.com Company Website https://houston.comcast.com/

August 02, 2022 08:40 AM Central Daylight Time

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Amesite Reports Partnering With Conner Prairie To Launch Next-Generation Educational Tools

Amesite Inc.

Amesite Inc. (NASDAQ: AMST) is an artificial intelligence (AI) software company offering a cloud-based learning platform and custom course creation for businesses, universities, nonprofits and government agencies. Amesite boasts many strategic partnerships, but its collaboration with Conner Prairie, a living history museum in Indiana, has garnered attention. Amesite says it has implemented plans to deliver eLearning solutions, powered by its online ecosystem, with an anticipated public launch in Fall 2022. Amesite’s online Learning Community Environment™ system will offer K-12 programs for teachers, parents, life-long learners and students. The system is reportedly up-to-date with the latest of Amesite’s technology, including powerful AI solutions to deliver low-cost, scalable and customized educational content. As a partner, Conner Prairie will have autonomy on curating and developing branded content in line with its current research and resources. At its disposal are advanced technology tools within an intuitive design framework. Participants will have the opportunity not only to learn but also engage with Conner Prairie’s information content presented through Amesite. True to the Amesite way, knowledge will be delivered in a digital, easy-to-use and collaborative format. About Conner Prairie Conner Prairie is a living museum in Indiana and one of the largest attractions in the Midwest region, with over 400,000 annual visitors. Conner Prairie plays an important societal role in Indiana as a knowledge resource and innovator of science, history, art and nature. The market size of the museum industry in the United States, perhaps surprisingly, reached $15.4 billion in 2021, denoting a 19 percent increase over the previous year's figure of $12.9 billion. This sector's market size was forecast to rise further in the following year, with an estimated six percent growth. Conner Prairie is fundamentally about learning and contextualizing how society has grown and evolved throughout history. Numerous educational tools are used to give visitors a truly immersive and collaborative experience. Conner Prairie is also dedicated to modernized learning tools and digital education programs, especially in an effort to foster the relationships between remote visitors and members that are not on-site. Amesite says its digital learning software solutions will allow for deeper collaboration with Conner Prairie and the educational community. Amesite will deliver its entire ecosystem of education software solutions for Conner Prairie. This will enable Conner Prairie to create customized, branded digital learning courses and materials for the global community, giving users the opportunities to learn from anywhere, anytime. Conner Prairie emphasized the importance of having a partner that cares about learning and the last mile, which it found with Amesite. According to Norman Burns, President and CEO of Conner Prairie, "Since 1934, Conner Prairie has followed founder Eli Lilly's intention to make Conner Prairie a place where history and learning can occur in ways that books cannot teach," he said. "The COVID-19 pandemic highlighted the need to find new ways to meet schoolchildren and educators where they were, despite health, geographical or financial barriers. Through our partnership with Amesite, we are furthering our mission to inspire curiosity and foster learning by providing engaging and individualized experiences for everyone." Burns added that "we are excited to partner with Amesite to create this new innovative digital learning platform that will expand our capabilities to deliver best-in-class online learning experiences to our global community. It is yet another example of how Conner Prairie is changing the way the world views and uses museums." About Amesite Amesite is a SaaS educational company employing what it says is the most advanced AI-driven online learning platform in the industry. Its solutions include end-to-end infrastructure for customized, branded learning content creation and online course creation. Amesite’s platform is integrated with Microsoft Corp. (NASDAQ: MSFT) Azure Cloud, allowing for enhanced scalability and speed. Amesite is a player in the multi-billion-dollar online learning market for business and education. Other key players within this space include Coursera Inc. (NYSE: COUR) and Powerschool Holdings Inc. (NYSE: PWSC). Learn more about Amesite’s solutions here. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Amesite Inc., an artificial intelligence driven platform and course designer, provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. Its customers include businesses, universities and colleges, K-12 schools, and non-profit organizations. The company was incorporated in 2017 and is headquartered in Detroit, Michigan. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Amesite, Inc. +1 734-876-8141 info@amesite.com Company Website http://www.amesite.io

August 01, 2022 04:47 PM Eastern Daylight Time

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Pam Scamardo, Founder of The C.R.E.A.T.E. Wealth Network, Nominated for San Diego Business Journal’s 40 Next Top Business Leaders Under 40

Pam Scamardo

A dedicated member of the community, and a respected trailblazer in the commercial real estate industry, Pam Scamardo was honored to be nominated for the San Diego Business Journal’s 2022 40 Next Top Business Leaders Under 40. Preparing to launch her first book entitled, “Create Wealth: How You Can Ditch the 9-5 with Multi-Family Investing,” Pam is inspired to continue releasing resources to help others develop passive income through multi-family investing. The days of the typical 9-5 are nearly over for many. Our forever-changed working culture, as a result of the pandemic, has reshaped the way many individuals think about developing income streams. Individuals across the globe are looking for ways to earn the monetary means they need to comfortably sustain their lifestyle while refusing to be constrained by location or set hours. Pam’s first book outlines actionable steps men and women can take to become “job optional®,” where their money works for them, and working in the traditional sense in a desk job can be retired by choice at any age. “It’s an honor to be recognized for my leadership. My mission is to empower individuals to become job optional® so they can curate the lives they love to live instead of conforming to old workplace structures that no longer fit our world’s narrative. ” - Pam Scamardo, Founder of The C.R.E.A.T.E. Wealth Network and TPK Properties About Pam Scamardo: Entrepreneur Pam Scamardo is the Founder of The C.R.E.A.T.E Wealth Network – the #1 free educational resource for commercial real estate investing. The organization’s mission is to provide high quality commercial real estate education for all, with an emphasis on uplifting women leaders in the industry. Her first book, coming to market in fall of 2022, is entitled “Create Wealth: How You Can Ditch the 9-5 with Multi-Family Investing.” Officially “job optional®”, Pam discovered the benefits of passive income while working in the aerospace industry. An aerospace engineer by trade, having been employed by Lockheed Martin, Boeing, and UTC Aerospace, Pam made a career pivot over 10 years ago and founded her first company TPK Properties. As a privately held multi-family investment company that acquires, manages and renovates medium to large sized apartment complexes, TPK Properties has successfully syndicated over 100 properties for investors in California, Arizona, Oregon, and Washington. Pam is proudly serving as a CREW Network Global Board Director, Forbes Council Member, and Cal State Fullerton’s Center for Real Estate Director. Contact Details Sterling Public Relations Paula Steurer +1 949-200-6566 concierge@sterlingpublicrelationsoc.com Company Website https://www.letsgocreatewealth.com/

August 01, 2022 12:30 PM Pacific Daylight Time

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Rahama Wright, Chief Executive Officer of Yeleen Enterprises, has been appointed to the Presidential Advisory Council on Doing Business in Africa for her fourth term

Yeleen Enterprises

Rahama Wright, CEO Yeleen Enterprises has been appointed to serve a fourth term on the President’s Advisory Council on Doing Business in Africa (PAC-DBIA). U.S. Secretary of Commerce, Gina Raimondo, appointed 24 members to serve a two-year term. Council members are selected from small, medium, and large U.S. companies across the United States representing a diverse range of industries and economic sectors. “I have had the pleasure and honor of serving on the Advisory Council for the three previous terms and in both the Obama and the Trump Administrations,” says Wright. “I look forward to demonstrating the same level of high commitment as in previous terms and plan to proudly advance the efforts of the Advisory Council as it transitions with new members and the Biden Administration.” The PAC-DBIA was established in 2014 to provide recommendations and analysis through the Secretary of Commerce to the President, on strengthening commercial engagement between the United States and Africa. During her service on the Advisory Council, Wright drafted Advisory Council recommendations on doing business in Africa, participated in the fact-finding mission to Cote d’Ivoire and Ghana, contributed to the development of the “Keys to Success” report, and reviewed and provided feedback on the Prosper Africa Roadmap. In her most recent term, Wright supported core programming for the PAC-DBIA such as the “Keys to Success” webinar series where PAC-DBIA members shared practical advice on entering African markets. She also spearheaded the PAC DBIA’s high-level event for Women’s History Month titled “Enabling Women Entrepreneurs in US-Africa Trade & Investment.” The PAC DBIA is a policy tool for advancing US trade engagement with Africa by leveraging the experience of private sector leaders to inform the Secretary of Commerce and the President. Wright will continue to contribute perspectives from running a social impact business that strengthens supply chains on behalf of African and women-led cooperatives. About Rahama Wright After serving in the Peace Corps, Rahama Wright began her entrepreneurial journey by launching Shea Yeleen, a shea butter brand with the mission to create living wage jobs for women in Northern Ghana. The products secured features in Oprah Magazine, MSNBC, CNBC, and retail distribution in select Whole Foods Markets and MGM Resorts. A leading voice on African women’s economic and business development, in 2014, Rahama was first appointed to the Presidential Advisory Council on Doing Business in Africa. She received her BA in International Relations from the State University of New York at Geneseo. An avid traveler, Rahama has visited and worked in 36 countries. About Yeleen Enterprises Yeleen Enterprises is a social impact company comprised of the Shea Yeleen product line, and the Yeleen Beauty Makerspace. Shea Yeleen is dedicated to empowering women in West Africa and the United States through the production, sale, and use of shea butter products. A unique blend of grassroots organizing and business development, Shea Yeleen is a company that specializes in manufacturing high-quality, pure plant-based shea butter products with a commitment to ethical sourcing. The Yeleen Beauty Makerspace is a Washington DC-based co-manufacturing space for early-stage, independent beauty entrepreneurs to launch in 2023. Contact Details Media Inquiries robin@charmedpr.com Company Website https://sheayeleen.com

August 01, 2022 01:10 PM Eastern Daylight Time

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Minuteman Press Million-Dollar Owners Thomas and Denise Batliner Share Keys to Business Growth in Louisville, KY

Minuteman Press International Inc

Thomas and Denise Batliner have owned their Minuteman Press franchise located at 3905 Bardstown Road since November of 2005. With over 16 years in business, Thomas shares the following insights that helped he and Denise grow their business in Louisville and become members of the Minuteman Press International President’s Million-Dollar Circle. On this accomplishment, Thomas says, “Denise and I believe marketing efforts, customer service, networking, and a little luck have been vital to our success and longevity. We would like to place special emphasis on customer service. At Minuteman Press in Louisville, we focus on treating the customer as we would like to be treated. We believe anyone who walks through the door can be our next biggest customer, and hospitality may make or break the possible relationship.” He continues, “Over the past 16+ years in business, Denise and I have grown the business by developing relationships with new customer bases. More specifically, we gained these relationships through acquisitions. For example, in August of 2012, we purchased an independent printer. This acquisition almost doubled our 2011 sales in addition to our everyday marketing and networking. Then, in December of 2020, we purchased an independent promotional products company. Like our 2012 acquisition, we almost doubled the past year’s sales. Our new customers are the key to our success, and we appreciate their continued business and loyalty.” From the US Navy to Owning a Printing Business Prior to franchising with Minuteman Press, Thomas Batliner served in the US Navy. He shares, “We didn't start Minuteman Press until 2005 when I was 38 years old. Before reaching this point, I served in the United States Navy for three years where I specialized in aviation hydraulics (AMH3). This military experience reinforced the work ethic instilled in me at a young age while farming with my family and has played a vital role in driving my determination to stay in the printing industry.” Thomas continues, “Furthermore, after being honorably discharged, I was a tool and die specialist by trade before being promoted to an estimator at a plastics manufacturer, Beach, Mold, and Tool, now known as NYX. While in this role, I earned an associate degree in Business. But most importantly, I decided I wanted to drive my career and become an entrepreneur. Minuteman Press matched this goal because of the low initial investment, and the business presented the new challenge I was seeking.” “Minuteman Press International supported me from the beginning before I had any professional knowledge about the printing industry. For instance, at the initial home office training, I learned basic facts about paper stocks and more information regarding machine availability and capabilities. Lastly, our office utilizes FLEX, the workflow software developed by Minuteman Press that constantly evolves to add effective apps that drive marketing value.” – Thomas Batliner, owner, Minuteman Press, Louisville, KY Leveraging Local Business Relationships & Benefits of Printing Today When asked what it has been like to own a business in Louisville for over 16 years, Thomas shares, “We are in an urban area and serve a diverse community. There are people from many varying backgrounds, and we have learned about different cultures from around the world. Additionally, we are part of a community where nearby business owners help and look out for one another. For instance, a nearby competitor has helped us continue production during machine downtime and meet customer demand. To return this favor, we have been known to share our resources if this competitor is short-staffed. Because of this dynamic, we believe it is important to develop healthy relationships with everyone in the community, even those with competing business goals.” Thomas explains why printing remains so vital today, sharing, “We believe printing remains vital today because it secures a company’s mission. In terms of management, it also provides different avenues for documentation. To illustrate, when a business provides a digital or physical copy of an employee handbook to its staff, it can better document and communicate expectations and other important information.” He adds, “The main benefit of print is that it can be found everywhere, from the menu you use at your favorite restaurant menu to the branded t-shirt you buy at the store. Because of print's presence, companies always need it. Even during uncertain times like the pandemic, manufacturing facilities, hospitals, and a variety of other companies needed printed materials promoting safety warnings and best practices.” “Our highest demand products and services include envelopes, every door direct mail (EDDM), and wide format printing, a powerful visual medium used for larger files such as blueprints and banners. Our customers value these products and services because they can reach a larger audience. In addition to our highest demand products, key growth areas for our business are promotional products and branded apparel. For example, the customers from our acquisition of the promotional products company have driven sales and we have added a new product line that existing customers can access.” –Thomas Batliner Rewards of Owning a Business & Advice to Others As Thomas and Denise reflect on their accomplishments, there are a couple of items that really stick out. Thomas says, “The biggest personal reward for Denise and me was the ability to put both of our children through college as traditional four-year students. Lauren, our oldest, is now a critical care nurse and Erica, our youngest, is a sourcing and supply chain professional.” He adds, “Aside from this personal reward, our biggest professional reward was receiving our plaque for the Minuteman Press International President's Million Dollar circle. After 16+ years of business, it was an honor to achieve such a high sales goal and to meet others who have accomplished the same or more.” Thomas shares the following advice to today’s aspiring business owners, saying, “The advice I would give to someone looking to own a business is ‘do your homework.’ You need to choose something you can be passionate about and enjoy daily. Despite the hard work ahead of you, because there are some long days and weeks, it can be very rewarding.” For more information on Minuteman Press in Louisville, Kentucky, visit https://minuteman.com/us/locations/ky/louisville20/ Learn more about #1 rated Minuteman Press franchise opportunities at https://minutemanpressfranchise.com Contact Details Minuteman Press International Chris Biscuiti +1 631-249-1370 cbiscuiti@mpihq.com Company Website https://minutemanpressfranchise.com

August 01, 2022 10:00 AM Eastern Daylight Time

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The App Store Tax: How the App Store Limits Consumer Freedom

YourUpdateTV

Have you ever wondered why you cannot manage your account on many popular apps or why subscription fees are greater while purchasing through an app than through a website? One reason: the app tax. A video accompanying this announcement is available at: https://youtu.be/5JXDgYSgtzM App store gatekeepers deny users the ability to choose how and which apps you download onto your mobile devices, claiming security concerns. “It’s time to bring an end to monopolistic practices that stand in the way of an open, fair, and competitive digital marketplace. Congress has the opportunity to rein in Big Tech through the bipartisan, bicameral Open App Markets Act. This proposal would hold gatekeeper platforms accountable, increase fair competition, and benefit consumers across the nation with greater choice and innovation.” said Rick VanMeter, Executive Director for the Coalition for App Fairness. The Open App Markets Act would fix the broken mobile app marketplace by requiring mobile gatekeepers to allow third-party app stores and third-party in-app payment systems. Additionally, the legislation prohibits anti-competitive practices, such as “self-preferencing,” by banning app stores from engaging in behaviors that put their products at an advantage over independent developers and competitors. A recent survey found that 68% of voters think Big Tech has too much power and 79% support efforts by Congress to pass the Open App Markets Act and open up the mobile app ecosystem to competition. In California, polling showed that 69% of likely California voters believe Big Tech has too much power and 75% support the Open App Markets Act. Developers note that a 15-30% fee by dominant platforms, like Apple or Google, represents an enormous portion of their revenue, in many cases an untenably large one. Developers and creators want Big Tech to open their app store platforms so that any company can build software on their own terms and release it to people freely. For more information, visit appfairness.org. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

July 28, 2022 05:00 PM Eastern Daylight Time

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FORMER CONGRESSMEN FRANK R. WOLF (R-VA) AND TONY P. HALL (D-OH) JOIN ATHENAI TO ANNOUNCE FRANK WOLF-TONY HALL FELLOWS PROGRAM

Athenai Institute

The Athenai Institute, a non-partisan, student-founded 501(c)(3) organization dedicated to removing the influence of the Chinese Communist Party (CCP) from colleges and universities throughout the country, unveiled the Frank Wolf-Tony Hall Fellows Program. Athenai will select 8 politically engaged undergraduate leaders from around the country to serve as the vanguard of its campaign for university divestment from entities tied to the Chinese government and its human rights abuses. The program will combine education with advocacy, equipping students with the skills and expertise they will need to become lifelong leaders. The Fellows Program is named for former members of Congress Frank R. Wolf, a Republican who represented Virginia’s 10th Congressional District between 1981 and 2015, and Tony P. Hall, a Democrat who represented Ohio’s 3rd Congressional District between 1979 and 2002. While in office, Congressmen Wolf and Hall were staunch and politically courageous advocates for human rights whose commitment to doing what was right transcended party lines. Now, Athenai is proud to have their support as it seeks to bring these same values to campuses around the country. As part of the program, fellows will work directly with Athenai’s national leadership to advocate for universities to eliminate their entanglements with the Chinese government and its proxies, including investments held through their endowments, contracts with businesses, and research partnerships. Fellows will also participate in biweekly virtual seminars hosted by experts in key aspects of Athenai’s mission as part of the organization’s Agora Program. After completing the program, fellows will become part of Athenai’s alumni network, providing regular opportunities for young leaders who share a commitment to human rights, free inquiry, and the independence of our academic institutions to network through Athenai and partner organizations as they begin their professional careers. “On campuses across the country, momentum is building for our student-driven divestment movement,” said John Metz, Athenai’s President. “This new program is a major step forward in holding institutions of higher education accountable and ensuring that universities feel the growing pressure to live up to their stated ideals. The Fellows Program represents Athenai’s biggest investment yet in the next generation of leaders who will speak truth to power and demand that our leading educational institutions disentangle themselves from the CCP.” “The Athenai Institute is carrying the torch of human rights and democracy into the next generation,” said Former Congressman Frank R. Wolf. "Their work to empower college students to create change on a bipartisan basis could not be more important." “While serving in Congress and as an Ambassador, I sought to show America's commitment to building hope in the world,” said Former Congressman Tony P. Hall, who served as United States Ambassador to the United Nations Agencies for Food and Agriculture from 2002 to 2006. "Today, the students of the Athenai Institute are part of that same mission. I am proud to stand with these students as they seek to effect change on their campuses and around the world." Details about the program can be found on Athenai’s website. ### Athenai is a non-partisan, student-founded 501(c)(3) formed in May 2020 to remove the influence of the Chinese Communist Party (CCP) from American college campuses. Athenai advocates for student governments and university administrations to close Confucius Institutes, divest of investments and other financial entanglements with the Chinese government, and establish policies and mechanisms to prevent the CCP from encroaching on academic discourse and the independence of academic institutions. To support Athenai's work, please visit https://www.paypal.com/paypalme/athenaiinstitute. For more information or to schedule an interview with an Athenai spokesperson, please contact Dan Rene at 202-329-8357. Contact Details Athenai Institute John Metz +1 804-615-5838 john.metz@athenai.org Company Website https://athenai.org/

July 28, 2022 12:28 PM Eastern Daylight Time

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