Westridge Alum Diana Jue ’05 Named One of Forbes’ 2015 Under 30

first_img Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Herbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeautyHerbeautyHe Is Totally In Love With You If He Does These 7 ThingsHerbeautyHerbeautyHerbeautyThese Lipsticks Are Designed To Make Your Teeth Appear Whiter!HerbeautyHerbeautyHerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeauty9 Hollywood Divas Who Fell In Love With WomenHerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeauty Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyCitizen Service CenterPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Your email address will not be published. Required fields are marked * Community News Subscribe Name (required)  Mail (required) (not be published)  Website  Business News Make a comment Top of the News center_img Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Diana Jue ’05 has been named one of Forbes’ 2015 “30 under 30” for her work as a socially conscious entrepreneur with Essmart, a distribution system that brings life-improving technologies – solar lanterns, non-electric water filters, rechargeable batteries, cook stoves that reduce smoke, and fuel use to poor areas in India.My time at Westridge taught me how to both care for and think critically about the lives of people around me, how to embrace diversity, and how to make something happen. Westridge influenced me so much that, when I arrived at MIT as a college freshman, I knew I couldn’t just be a regular, 9-5 engineer. At Westridge, I had been well-trained in the humanities and had been well-exposed to different types of thinking. This resulted in my being very creative with my undergraduate education, which was atypical for a MIT student, but perfectly fitting for me and my passions.”Diana and Essmart co-founder Jackie Stenson were 2014 Asia-Pacific winners of the Cartier Women’s Initative. They have also been named Echoing Green fellows and were featured on NPR in the fall.Westridge School, 324 Madeline Drive, Pasadena, (626) 799-1053 ext. 200 or visit www.westridge.org. More Cool Stuff 2 recommended0 commentsShareShareTweetSharePin it People Westridge Alum Diana Jue ’05 Named One of Forbes’ 2015 Under 30 Article and Photo courtesy of WESTRIDGE SCHOOL Published on Monday, January 12, 2015 | 6:49 pm First Heatwave Expected Next Week Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community Newslast_img read more

Foreclosures and Evictions Could Derail a Recovery

first_imgHome / Daily Dose / Foreclosures and Evictions Could Derail a Recovery Demand Propels Home Prices Upward 2 days ago 2020-11-04 Christina Hughes Babb in Daily Dose, Featured, News Related Articles Sign up for DS News Daily Phil Hall is a former United Nations-based reporter for Fairchild Broadcast News, the author of nine books, the host of the award-winning SoundCloud podcast “The Online Movie Show,” co-host of the award-winning WAPJ-FM talk show “Nutmeg Chatter” and a writer with credits in The New York Times, New York Daily News, Hartford Courant, Wired, The Hill’s Congress Blog and Profit Confidential. His real estate finance writing has been published in the ABA Banking Journal, Secondary Marketing Executive, Servicing Management, MortgageOrb, Progress in Lending, National Mortgage Professional, Mortgage Professional America, Canadian Mortgage Professional, Mortgage Professional News, Mortgage Broker News and HousingWire. Data Provider Black Knight to Acquire Top of Mind 2 days ago Share Save About Author: Phil Hall Foreclosures and Evictions Could Derail a Recovery While the results of last night’s presidential election remain too close to call, a leading political science academic is warning that the January 2021 occupant of the White House will be forced to deal with the greatest foreclosure and eviction crisis since the Great Recession.After the COVID-19 pandemic disrupted the economy, moratoriums were declared on both foreclosures and evictions. But these measures were only temporary and will be gone by 2021 unless they are renewed.In an opinion piece published on the Informed Comment website, John Buell, a former professor at the College of the Atlantic, observed that an after-effect of the COVID-19 pandemic’s economic trauma will weigh on the housing market as homeowners and renters struggle to keep up with housing costs.“If foreclosures and evictions are standing in the way of recovery, it is also safe to say that the draconian cuts in budgets of state and local governments translate into wage reductions and/or unemployment for public sector workers and thus more pressures on the housing market,” Buell wrote. “If homeowners and government workers are not able to create sufficient demand to restore economic growth the federal government must step in. State governments are constitutionally prohibited from borrowing for daily expenses.”Buell lamented that while this situation metastasizes, “there is very little talk about how debt might be restructured or how to house the many who will be left homeless. What talk there is once again seems to blame the debtors.” He recalled a similar situation that occurred following the 2008-2009 crisis.“Borrowers lost their homes and savings even as bankers reaped multi-million dollar bonuses,” he continued. “Borrowers alone were punished despite the fact that for every improvident borrower there is a reckless or manipulative lender. The bailout legislation in effect recognized this truth and allotted a portion of the bailout relief for homeowners. Nonetheless, the Obama Administration chose not to implement that part of the legislation even though assistance to ordinary borrowers would have been at least as effective in saving the banking system.”Buell cited a proposal from Debunking Economics Australian economist Steve Keen for a “simple one-time grant of say $50,000, which can be spent only after it has been used to pay down any personal debt,” adding that the concept deserved consideration.“This proposal has several merits,” he said. “Because it is universal, it would help the thrifty homeowners sufficiently who have paid off most of their mortgage while also aiding those underwater from home or student loans. With another debt foreclosure crisis coming, it is imperative that such ideas receive a fair hearing.” Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago  Print This Post The Best Markets For Residential Property Investors 2 days ago Subscribe Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago November 4, 2020 15,583 Views Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Previous: Digital Transactions: A Matter of Business Survival Next: NAHB Files Lawsuit Opposing CDC Moratorium last_img read more

Increasing Worry Over ‘Hundreds of Million, if Not Billions’ in U.S. Coal Mine Cleanup Costs

first_img FacebookTwitterLinkedInEmailPrint分享Steven Mufson and Joby Warrick for the Washington Post:A worsening financial crisis for the nation’s biggest coal companies is sparking concerns that U.S. taxpayers could be stuck with hundreds of millions, if not billions, of dollars in cleanup costs across a landscape of shuttered mines stretching from Appalachia to the northern Plains.Worries about huge liabilities associated with hundreds of polluted mine sites have mounted as Peabody Energy, the world’s largest publicly traded coal company, was forced to appeal to creditors for an extra 30 days to pay its debts. Two of the four other biggest U.S. coal companies have declared bankruptcy in the past six months.Under a 1977 federal law, coal companies are required to clean up mining sites when they’re shut down. But the industry’s plummeting fortunes have raised questions about whether companies can fulfill their obligations to rehabilitate vast strip mines in Western states — many of which are on federally owned property — as well as mountaintop-removal mining sites in the East.A number of smaller companies have defaulted or skimped on cleanup obligations, leaving behind abandoned strip mines and denuded mountains. Some are simply eyesores, unhealed scars on the landscape that can be seen for miles. Others are perpetual sources of water pollution, slowly leaking acidic and otherwise toxic wastes into streams and groundwater supplies.Now coal giants are facing outcomes similar to those experienced by some of the smaller companies. Several are struggling to make payments on debts for ill-timed multibillion-dollar acquisitions of their rivals in recent years. On top of that, they have been financially squeezed by competition from cheap natural gas and declining U.S. and Chinese demand for coal.The biggest coal companies typically pay third parties to ensure that mine sites are cleaned up in the event of financial hardship. But in recent years, many coal companies have relied on a cheaper technique called “self-bonding,” pledging only their own names and financial wherewithal to guarantee their cleanup obligations.With mounting losses and debt loads, the companies do not have enough money to pay for all their obligations, and self-bonding is “not worth [the] paper [it’s] written on,” Steve Jakubowski, a bankruptcy lawyer with the firm Robbins, Salomon & Patt, said in an email. In a bankruptcy, where Alpha Natural Resources is now, a judge can decide which creditors are paid and how much — and state and federal governments could be left holding the bag for reclamation costs.“There is a lot of liability out there and a lot of uncertainty,” said Shannon Anderson, a lawyer with the Power River Basin Resource Council, a Wyoming nonprofit group that supports tougher rules for cleaning up mine sites.Full article: Can coal companies afford to clean up coal country? Increasing Worry Over ‘Hundreds of Million, if Not Billions’ in U.S. Coal Mine Cleanup Costslast_img read more

Catena reports ‘best ever quarter’ as company eyes new market expansions

first_img Kindred marks fastest route to ‘normal trading’ as it delivers H1 growth July 24, 2020 Catena lauds ‘record’ Q2 as casino drives performance August 19, 2020 Submit Share Related Articles GiG lauds its ‘B2B makeover’ delivering Q2 growth August 11, 2020 Share StumbleUpon Stockholm-listed industry affiliate marketing network, Catena Media has detailed its ‘best ever trading quarter‘ as the company homes in on full-year 2017 corporate targets.Presenting its first trading update as a Nasdaq Stockholm main market enterprise, Catena would record Q3 2017 (period ending 30 September) corporate revenues of €17.2 million up 61% on corresponding Q3 2016’s €10.7 million.Focusing on organic growth combined with strategic M&A for its expanding network, Catena would report a period EBITDA of €8.8 million (Q3 2016: €4.9 million).Further reporting that new depositing customers during the period had surpassed +100,000, Catena governance would declare operating profits of €7.5 million (Q3 2016: €4.6 million).For its year-to-date performance, Catena revenues total €47.5 million, combined with a corporate EBITDA of €22.3 million. The affiliate network further details that it has increase YoY operating profits to €19.6 million.Issuing a forward-looking statement, Catena governance details that it will open a Tokyo based office to aid its Asian expansion during Q4, whilst bringing new innovations to market to support its established market operations.Updating investors, Henrik Persson Ekdahl, Acting CEO of Catena Media commented on Q3 2017 performance:“Casino and sport both performed strongly in Q3 and this trend appears to continue through Q4. Preparations ahead of the 2018 Winter Olympics and the FIFA World Cup are in full swing. We are expectant and optimistic about our strategic, operational and financial performance, and we eagerly anticipate the new, forthcoming challenges that await.”“One of the opportunities for 2018 is the opening of Pennsylvania as a regulated state for online gambling.  On 25th October the Senate approved the bill, followed by the house on the 26thand the final signing by the governor that took place on 30th October. Catena Media expect a gradual development of the Pennsylvania business and to be live within 9-12 months. We also have very strong domains like PlayUSA.com, PlayPennsylvania.com and USPoker.com. Following this opening, Catena Media will continue to strengthen its presence on the US market in line with the company’s growth strategy.last_img read more