WNY News Now File Image.JAMESTOWN — A $31.4 million budget approved by the Jamestown Community College Board of Trustees includes a slight tuition hike and personnel cuts, according to information released by JCC.Full-time New York resident tuition will increase by $80 per semester, or $160 per year, to $5,200. The out-of-state tuition rate will be $10,400 per year.The budget was challenging to hammer out because of the current COVID-19 pandemic, according to JCC President Daniel DeMarte.“Given the continued economic uncertainty in our state, country, and throughout the world, this was a difficult budget to create,” said DeMarte. “I am grateful to those who worked hard to develop a framework for operating within tight circumstances next year.” The $31,400,394 budget reflects a 20 percent reduction in the New York state aid per full-time equivalent (FTE), a 10 percent reduction in FTE projections, and reduced occupancy in the residence halls to comply with health mandates. Approximately $1.7 million in personnel cuts are included in the budget.“While we have been fortunate to have CARES federal stimulus funding, continued support from our county sponsors, and additional funding from the JCC Foundation,” said Michael Martello, vice president of administration, “we also needed to make difficult cuts in personnel, fringe benefits, and other non-personnel expenses to balance the budget.” Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)
Hamilton View Comments Lin-Manuel Miranda in ‘Hamilton'(Photo: Joan Marcus) Will Broadway juggernaut Hamilton break a Tony Awards record? Lin-Manuel Miranda’s Pulitzer Prize-winning musical about the ten-dollar-founding father looks poised to make Tony history by garnering the most nominations ever.The record for most Tony nominations is currently held by both The Producers and Billy Elliot with 15 nominations each. With the elimination of the Sound Design category in 2014, Hamilton is eligible in 13 categories. In order to top the big 1-5, the musical will need multiple acting nominees, which seems likely.It looks probable that Hamilton’s leading actors Miranda and Leslie Odom Jr. will get nods as well as leading lady Phillipa Soo. In the featured acting categories, Hamilton has many options: Renee Elise Goldsberry, Jasmine Cephas Jones, Daveed Diggs, Christopher Jackson, Jonthan Groff, Okieriete Onaodowan and Anthony Ramos.That means if all of the Hamilton actors get nods as well as all of the creative team categories (and Best Musical, obviously), the show would receive a whopping 19 nominations.Do the math—even if a few categories do not include the smash hit or a couple of performers are left out, the Broadway.com Audience Choice Award-nominated show looks like it will either tie the record or beat it. Stay tuned: the Tony nominations will be announced on May 3 at 8:30AM. Related Shows from $149.00
Norwegian insurer plans total coal exit by 2026 FacebookTwitterLinkedInEmailPrint分享Bloomberg:The biggest publicly traded life insurer in Norway, Storebrand ASA, is planning a total exit from coal by 2026.They’re one of a widening field of investors withdrawing from the most polluting fossil fuels as the threat of climate change reshapes asset management. The asset manager has already excluded 64 companies with ties to coal since it introduced its first restrictions in 2013. Norway’s $990 billion sovereign wealth fund, the world’s largest, cut its exposure to coal after introducing similar rules in 2015.Oslo-based Storebrand, which has $85 billion in assets under management, already refrains from investing in companies that get more than 30 percent of their revenue from coal. Those restrictions will be gradually tightened over the next eight years, it said.The approach gives it time to seek cooperation with other investors and work with the companies at risk of being divested, Storebrand Asset Management AS Chief Executive Officer Jan Erik Saugestad said in an interview. “Divesting from companies is not a goal in itself,” he said. “We’d rather see the companies change their practices in the right direction. We need to acknowledge that this can take some time.”Storebrand will start by excluding companies that get 25 percent of their revenue from coal. That threshold will be cut by 5 percentage points every second year, until it reaches 5 percent in 2026. That’s the lowest the asset manager can guarantee given marketing rules and current data reliability, spokeswoman Sara Skarvad said.More: An $85 billion asset manager is planning a total exit from coal
Corporate interest in rooftop solar growing quickly in Indonesia FacebookTwitterLinkedInEmailPrint分享The Jakarta Post:Demand for rooftop solar panels has increased sharply in recent years as more companies and households turn to solar energy to meet their electricity needs, an executive of a rooftop solar panel leasing and service company has said.The managing director of rooftop solar panel leasing company PT Xurya Daya Indonesia (Xurya), Eka Himawan, said in Jakarta on Wednesday that the number of companies that used solar energy had increased sharply because solar energy helped reduce electricity costs by up to 20 percent.“Demand for solar panels has increased significantly and we’re at a phase where it’s getting hard for supply to keep up with demand,” Eka said.Xurya, which was established in 2018, offers leasing and installment services for rooftop solar panels. The company has provided leasing and installation services to 20 companies engaged in the retail and manufacturing industries.Users of solar panels in Indonesia increased from 351 users in January 2018 to 1,580 users in December 2019, Energy and Mineral Resources Ministry data shows. The total electricity produced from rooftop solar panels increased to around 4.92 megawatts as of December 2019.The increased use of solar energy is expected to support the government’s efforts to achieve 23 percent renewable power production energy mix by 2025 as mandated by the General National Energy Planning road map. The country closed 2019 with a 12.36 percent renewable mix, far below the 17.5-percent annual target on the road map.More: More companies turn to solar energy to reduce rising electricity costs
ENDICOTT (WBNG) — BAE Systems in Endicott will now supply flight controls for new supersonic business jets. The flight control system development will be conducted at BAE Systems facilities in Endicott and Rochester, U.K. The company will design, develop, and integrate a fly-by-wire flight control system, including active interceptors, for Aerion’s AS2 private jet. The plane is the first supersonic aircraft to use only synthetic fuel and reach speeds up to 1,000 miles per hour. “We continue to evolve our technology, and what this contract will do is allow us to update our controls for the next generation of airplanes,” said BAE Systems Deputy General Manager Jim Garceau.
The government expects the economy to further shrink by 2 percent at worst or record zero percent growth at best in the third quarter, she went on to say, adding that the key to recovery would be stronger consumer spending and investment.Indonesia’s economy shrank 5.32 percent in the second quarter, the first decline since 1999, as all components of the economy but net exports fell significantly due to the coronavirus-induced restrictions. A further contraction in the third quarter would put Indonesia into a recession, which is defined by economic contraction in two consecutive quarters.The government collected Rp 922.2 trillion (US$62.79 billion) in state revenue as of July – down by 12.4 percent year-on-year (yoy) and about 54 percent from this year’s target – following drops in tax revenue and nontax income, among other things, Finance Ministry data show.Tax collection, which accounts for a majority of the state income, fell deeper by 14.7 percent annually in July compared to a 12 percent contraction in June. On a month-on-month (mom) basis, tax income grew 13.2 percent in July to Rp 601.9 trillion versus 19.6 percent growth in June. Indonesia’s economic recovery is “fragile” as state revenue weakened in July after an improvement recorded in the previous month, Finance Minister Sri Mulyani Indrawati said on Tuesday, warning that the country may enter recession in the third quarter.State revenue collection improved in June compared with May following the government’s decision to ease large scale social restrictions (PSBB), which had been implemented to curb the spread of COVID-19, but tax income from several business sectors fell again in July, she said.“Indonesia’s economic recovery is not solid and remains very fragile,” she told a livestreamed press briefing on the 2020 state budget realization. “The COVID-19 pandemic is the main factor that determined economic activity and recovery. We saw that recovery continued in July but there are signs the economy is still fragile.” Read also: Indonesia’s budget deficit swells to $22.4b in July as revenue fallsSeveral business sectors including trade, construction and real estate, as well as mining fell at a faster rate in July compared with June, signaling a slowing economic recovery, the finance minister said. Tax income from the oil and gas industry also fell significantly because of a drop in commodity prices.Meanwhile, state expenditure rose by 1.3 percent yoy to Rp 1.25 quadrillion as of July, about 45.7 percent of this year’s target, as the government increased social aid and stimulus spending.The government has spent only 25.1 percent of the Rp 695.2 trillion COVID-19 stimulus in the five months since the start of the outbreak.“We will redesign the poorly disbursed programs so that the stimulus can be more effective,” Sri Mulyani added.“The use of the state budget will be maximized including by providing tax incentives or boosting social spending, among other measures, to boost people’s spending and to restore investment,” she said. “We will monitor and improve economic recovery-related spending to make the recovery more stable and resilient.”The slight increase in expenditure and the fall in state revenue resulted in a budget deficit of Rp 330.2 trillion, 2.01 percent of gross domestic product (GDP), an increase of 79.5 percent compared with the same period last year but still below this year’s target of 6.34 percent of GDP.Danny Darussalam Tax Center (DDTC) research partner Bawono Kristiaji said the slowing economic activity would continue to hit tax income from several business sectors, namely manufacturing, trade and mining, he said, adding that the weak consumer spending and international trade would also reduce income from value-added tax and import tax.“Those factors, along with the government’s tax incentives that will boost tax expenditure, will determine this year’s tax income,” Bawono told The Jakarta Post on Tuesday, expecting around a 10 to 14 percent contraction in tax income this year, in line with the government’s target.“The government’s 2021 tax income target of 5.8 percent growth signaled that they are being realistic as income from taxes may not fully recover by next year.”Despite indicators showing a rebound in the purchasing managers index, retail sales and the consumer confidence index, among other indicators, the economic recovery is at risk of losing momentum because of weak demand, said Kebangsaan University economist Eric Sugandi.“A full economic recovery will depend on whether or not the demand side can recover sustainably in the coming months,” he told the Post. “The finance minister’s statement indicates they are being careful as tax revenue may not reach its baseline target.”The key to lessening the coronavirus-induced economic pain would be to expedite the government’s stimulus spending, he went on to say, adding that the disbursement of fiscal and monetary stimulus programs would be crucial in supporting economic recovery.Topics :
Unai Emery explains why Arsenal only had one shot on target in dismal Europa League draw with Vitoria Guimaraes
Metro Sport ReporterWednesday 6 Nov 2019 6:35 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link248Shares Unai Emery explains why Arsenal only had one shot on target in dismal Europa League draw with Vitoria Guimaraes Shkodran Mustafi had given the Gunners the lead in Portugal (Picture: Getty)‘We tried. They are a very competitive team and it was very important for us to be strong defensively. I think we did that and we did better offensively.‘It’s not easy to have a lot of chances. We want to win but in the table we are the first and that is our target.’Emery’s Arsenal, currently fifth in the Premier League, face in-form Leicester City on Saturday.More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira moves Advertisement Comment Unai Emery’s Arsenal failed to impress in the Europa League (Picture: Getty)Unai Emery has explained why his Arsenal team struggled to break Vitoria Guimaraes down after only registering one shot on target against their Europa League rivals.The Gunners’ struggles continued in Portugal on Wednesday night as they were held to a 1-1 draw by Vitoria – their fourth successive draw in all competitions.Arsenal had won all of their Europa League matches so far this season but produced an abject performance at Vitoria and only just escaped with a point. Advertisement Vitoria fought back to hold Arsenal to a draw (Picture: Getty)Defender Shkodran Mustafi headed home Nicolas Pepe’s inviting cross with ten minutes remaining but Bruno Duarte scored an injury-time equaliser to earn the hosts a share of the spoils.AdvertisementAdvertisementADVERTISEMENTArsenal, who will qualify for the last 32 of the Europa League on Thursday if third-placed Standard Liege lose to Eintracht Frankfurt, only registered one shot on target during the 90 minutes.And under-fire Gunners boss Emery said: ‘They [Vitoria] are very defensive, with a big structure defensively. They were defending very deep and together.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘To create and find small space is not easy against that team. We want to improve, to continue in our way, to be strong defensively and create chances to score.‘The players tried and we were close to winning but in the last minute, they pushed a lot and scored.‘In the Europa League it’s about being first in the group and at the moment we are. It’s still a possibility to be [finish] first.
More than 85 percent of Locale in Maroochydore has already sold, with 20 percent selling to first home buyers.More than 85 per cent of the Locale project in Maroochydore has sold, with more than 20 per cent going to first home buyers.The First Home Owners’ Grant (FHOG) is scheduled to reduce from $20,000 to $15,000 after June 30.First homebuyer Rachel Ingram said she wanted to take advantage of the full grant and was excited to see her new home taking shape. Construction is due to be completed in the last quarter of this year.RPG Developments executive director Ric Peterson said he was thrilled to see the project coming to life. Locale will consist of 40 two and three-bedroom townhomes, some priced under $400,000. Only a few two-bedroom townhomes remain on the market.Mr Peterson said the price was “exceptional value” in the heart of Maroochydore.“The challenge for those looking to enter the market at the moment is finding quality stock without compromising on location,” he said. “Our buyers to date, including first homeowners, downsizers and investors, are relishing the opportunity to buy a new home so close to the new CBD, Sunshine Plaza, the Ocean Street dining precinct, Maroochy River and Maroochydore’s pristine, patrolled beaches.” Locale builder RCQ Construction general manager Gavin Wuiske said construction was on schedule.Each spacious townhome boasts a second living area and separate study, a downstairs powder room, pet-friendly courtyards and covered outdoor entertainment areas.Locale prices start from $392,500 with three of the remaining lots capturing water views of the lake behind the complex. More from newsCrowd expected as mega estate goes under the hammer7 Aug 2020Hard work, resourcefulness and $17k bring old Ipswich home back to life20 Apr 2020“I had been looking for the right place to buy for some time and Locale ticked all the boxes, not only in regards to price and body corporate (fees) but also location,” she said. “Finding a central location which offers great lifestyle is really difficult as a first homeowner, particularly on the Sunshine Coast.”
German chemical company BASF is in discussions regarding a potential merger of its oil and gas unit Wintershall with Letter One’s oil and gas activities bundled in the DEA Group.BASF would hold the majority of the shares in the joint enterprise, the company said in a press release on Friday.An Initial Public Offering (IPO) of the joint enterprise would be an option in the medium term. The outcome of the discussions is open and there is no assurance that any transaction will be consummated, the company further added.BASF’s oil and gas activities are bundled in the Wintershall Group, which focuses on exploration and production in oil and gas-rich regions in Europe, North Africa, Russia, South America and the Middle East.Together with Gazprom, the company is also active in the transport of natural gas in Europe. For the full year 2016, net sales of the Oil & Gas segment of the BASF Group amounted to around €2.8 billion, EBITDA was around €1.6 billion and EBIT around €500 million.BASF does not intend to make any additional comments on this matter at this time, the company concluded.Letter One, the Luxembourg financial holding company, bought DEA in early 2015.