Day: August 13, 2020

A Transforming HBC Pumps Up Management

HBC LP, continuing to transform since turning private last March, has appointed Michael Culhane as chief financial officer, in a string of executive changes disclosed Thursday.

Culhane, who has 30 years experience in finance and accounting primarily in retailing, in September will succeed Ed Record who is stepping down as planned awhile ago. Record was instrumental in completing HBC’s privatization and will remain with HBC through a transition period.

In other key appointments, Vinton Vickers has become managing director, special projects for HBC Properties and Investments, the company’s real estate and investments operating company.

And Stephen Gold, the chief technology officer since May 2018, will also take on the role of chief process improvement officer. Gold and his team will work with each of HBC’s operating companies to identify and implement “transformational” initiatives, which the company cited as robotic process automation, online profitability, returns optimization and fraud Improvements.

The Toronto-based

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France, Malta and Netherlands join ‘no-go’ list for British travellers

Action stations: Dover is expected to be extremely busy as travellers race to get home before quarantine takes effect: Port of Dover
Action stations: Dover is expected to be extremely busy as travellers race to get home before quarantine takes effect: Port of Dover

Hundreds of thousands of British holidaymakers in France, Malta and the Netherlands, and many more with plans to visit these countries, face two weeks in self-isolation when they return.

As a result of new soaring coronavirus cases in some parts of both countries, they have been stripped of their “quarantine exempt” status by the Department for Transport (DfT).

Malta, Monaco, Aruba and the Turks & Caicos Islands are also off the “safe” list.

These nations now join Spain, Portugal, Belgium and many other countries as effectively off-limits to many UK travellers.

These are the key questions and answers.

What has changed – and why?

These countries have seen sharp increases in cases of coronavirus over the past few weeks. As a result, the Joint Biosecurity Centre and Public

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7 coping skills to deal with anger you might be feeling right now

7 coping skills to deal with anger you might be feeling right now
7 coping skills to deal with anger you might be feeling right now

There’s a lot to be angry about these days.

For instance: A pandemic that has stolen more than 166,000 American lives (and counting), a government unwilling to act to prevent more death, officials pushing to re-open schools despite a deadly virus, mass unemployment, and the continuance of police brutality despite a global uprising against it.

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The list goes on.

“There’s this sense that things are supposed to be a certain way… And some people are angry and frustrated because they don’t have any other solutions,” says Dr. Rheeda Walker, a clinical psychologist, speaker, and professor of psychology at the University of Houston who focuses on Black mental health.

Like any emotion, in itself, anger is normal and healthy, says Dr. Lynn Bufka, the American Psychological Association’s (APA) senior director of practice transformation and quality. “All

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Edited Transcript of CECG.DE earnings conference call or presentation 13-Aug-20 6:30am GMT

Q3 2020 Ceconomy AG Earnings Call

Dusseldorf Aug 13, 2020 (Thomson StreetEvents) — Edited Transcript of Ceconomy AG earnings conference call or presentation Thursday, August 13, 2020 at 6:30:00am GMT

TEXT version of Transcript

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Corporate Participants

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* Bernhard Düttmann

Ceconomy AG – CEO, Labour Director & Member of Management Board

* Ferran Reverter

Ceconomy AG – CEO of Media-Saturn-Holding

* Karin Sonnenmoser

Ceconomy AG – CFO & Member of Management Board

* Stephanie Ritschel

Ceconomy AG – VP IR

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Conference Call Participants

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* Amy L. Curry

Morgan Stanley, Research Division – Equity Analyst

* Clement Genelot

Bryan Garnier & Co Ltd, Research Division – Analyst

* Volker Bosse

Baader-Helvea Equity Research – Co-Head of Equity Research

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Presentation

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Operator [1]

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Ladies and gentlemen, thank you for standing by. Welcome, and thank you for joining the CECONOMY AG Investor and Analyst Conference Call. (Operator Instructions)

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South Dakota Governor Kristi Noem among influential Women of the Century from Mount Rushmore State

It takes a strong person to live in South Dakota.

The harsh winters, the isolation of rural parts of the state, and the uncertainty of relying on Mother Nature to provide a livelihood in agriculture are all reasons some may choose to avoid living in the Mount Rushmore State. 

But for those who live here, there’s beauty in the prairie, in the Black Hills, in the serenity of a cold winter day. There’s also ample opportunity to make an impact on the community, and from the state’s inception, South Dakota women have been making their mark.

In August, America marks the 100th anniversary of the 19th Amendment, when women gained the legal right to vote. In commemoration of the occasion, the USA TODAY Network is naming 10 American women from all 50 states and the District of Columbia who’ve made significant contributions to their respective states and country as Women

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How DeFi ‘Degens’ Are Gaming Ethereum’s Money Legos

First there were Tendies and YFI. Then came (and went) YAM. And, as of yesterday, we have Based Money.

Meet today’s decentralized finance (DeFi), in what amounts to a crossover between massive multiplayer online (MMO) games, like World of Warcraft, and crypto pump-and-dump schemes.

These aren’t the same DeFi projects launched earlier this summer, said Amentum Capital co-founder Steven McKie. They’re projects are about leveraging Ethereum’s tech for unintended uses. They’re about making crypto fun again.

Related: Market Wrap: Stuck at $11.5K, Bitcoin Surpasses 25K Locked in DeFi

They’re about making money.

Yam Finance launched Tuesday. By the following day, YAM shot upwards of $160 per token and had some $700 million in no-loss collateral obligations under contract (aka yield farming). Early Thursday morning, YAM entered Github Valhalla when a bug locked the project’s governance and $750,000 treasury. The token’s market cap swiftly lost $60 million in 35 minutes. 

Read

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Revitalizing an Aging Crystal Palace Side

I have to admit it, I’ve always had a soft spot for Crystal Palace. If you’ve read the column for any amount of time you’ll be aware that I’m an Arsenal supporter but I am easily swayed to root for other teams outside of the top contenders if there’s an interesting story to be had. The improbable title run of Leicester City and Jamie Vardy. The fascinating approach to team-building in actual partnership with a “super-agent” and focused on a specific (non-British) nationality at Wolves. You get the idea.

 

Well, one of the things that can always catch and keep my attention is a great live fan experience. About 10 years ago, my wife and I traveled to the UK. The bargain we struck was that I could get as much football in as possible over the Easter weekend and then we’d do a bunch of non-football-related stuff with the

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MoneyGram’s (MGI) Digital Platform Sees Consistent Growth

MoneyGram International, Inc. MGI recently announced that its online platform has been gaining from strong customer demand, driven by its digital capabilities. This upside led to robust digital transaction growth for the company in July.

As a case in point, the company witnessed digital transaction growth of 124% year over year in July. Strength of its direct-to-consumer channel—MoneyGram Online—digital partnerships, an increased account deposit and mobile wallet transactions primarily drove digital growth last month. The reported figure for the period is even higher than the record-breaking digital transaction growth of 106% in June.

MoneyGram’s online business has three major components, namely MoneyGram Online, digital partnerships  and account deposit and mobile wallet.

The first component (MoneyGram Online) delivered incredible year-over-year transaction growth of 126% in July. This was driven by cross-border transaction growth of 207% as strong adoption of the MoneyGram app continues to grow in the worldwide markets.

Expanding digital

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The coronavirus pandemic should force a rethink of higher education

Sara Goldrick-Rab is Professor of Sociology and Medicine and Founding Director of the Hope Center for College, Community, and Justice at Temple University. Christine Baker-Smith is Managing Director and Director of Research at the Hope Center.

As the fall season approaches, students and higher education administrators are preparing for a difficult return to college.

With both the coronavirus pandemic and overdue attention to systemic racism confronting the sector, one thing is clear: For many, a new mindset is required to produce positive results for students. 

The American public and a preponderance of legislators think college is still 20 or even 30 years ago. Say “undergraduate” and their minds conjure a rose-colored, movie-constructed utopian scene: Mom and Dad dropping off their son at his new dorm, setting him up to study for a bachelor’s degree fueled by sushi from the dining hall, parties with his friends, perhaps a part-time job at

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Here’s Exactly Where to Buy Face Masks Online

Practicing social distancing is the best thing you can do to slow the spread of COVID-19, and the Centers for Disease Control and Prevention advises you to wear a cloth face covering in public settings where social distancing measures are difficult to maintain, like protests, grocery stores, and pharmacies—especially with virus cases on the rise in states across the nation. With this recommendation, everyone wants to know where to buy face masks. We rounded up some options below—including face masks for kids, breathable face masks, face masks for glasses, and the best face masks on Amazon and Etsy—and we’ll update this list as companies go in and out of stock.

Cloth face masks don’t guarantee you won’t contract the virus or pass it on, but they’re a public health measure we should all take seriously, whether your city is slowly reopening or experiencing a new wave of cases. If you’re

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