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Ben Platt & Ben Fankhauser to Star in Workshop of Ryan Scott Oliver’s We Foxes Musical

first_img Star Files Other readings in the series also include the New York premiere of the new musicals Mark Felt, Superstar with book, music and lyrics by Joshua Rosenblum and Paris Through the Window, with book and lyrics by Charles Osborne and music by Leo Hurley. Ben Platt (Book of Mormon) and Ben Fankhauser (Newsies) will appear in a reading of Ryan Scott Oliver’s latest musical We Foxes. Directed by Mike Donahue, the workshop will take place as part of the York Theatre Developmental Reading Series on September 12 at Saint Peter’s on 54th street in New York City. The cast will also include Forrest McClendon, Anne L. Nathan, Aaron Ramey, Katie Thompson and Emily Rogers. We Foxes is a southern Gothic thriller set in small-town Missouri, 1945. It’s the story of Willa, a tough and unmannered orphan girl, and her adoption by the crafty Sheriff’s wife, Vesta Quimby. When Willa discovers the dark secrets beneath the floorboards, a war cuts them apart and Willa must fight to survive. After all, Vesta Quimby is the most beloved and powerful woman in town. Yet she’s less humanitarian socialite than she is Machiavellian sociopath. Can Willa discover her own salvation, deliver herself into courage, and sacrifice everything to escape Vesta?center_img View Comments Ben Fankhauser Ben Plattlast_img read more

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A game-changer for purchase mortgages and CUs

first_img 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr In the purchase mortgage world, a well-established product and service industry, it is not often we get to see a big game-changer come into play. Some previous game-changers are the Great Depression, wars, the arrival of real estate agents, investors, and even the advent of credit unions. Today we are seeing another game-changer that is opening new doors for credit unions—the Internet.Looking at Activity-Based Marketing (ABM), we now know that the current home buyer journey does not begin and end with the loan, or even with the real estate agent, although it may have been the case in the past. The Internet created a positive disruption to an old business model, opening a new path for home buyers to access all the information they need to educate and entertain themselves with real estate—a path that gives them more options and more control.  It became a game-changer because it eliminated the need for a buyer or seller to go to a lender or agent first. Buyers and sellers can now do all their own research and then, when they do want to reach out to someone else, they are much further along in the home purchase journey—and much more informed.Now with buyers going online from the start, anyone with a web presence and some online marketing capabilities can step in and compete for your members’ mortgage business. This includes real estate agents, title companies, insurance brokers, mortgage companies and more. With this new purchase path for buyers, credit unions can no longer wait until the end of the home-purchase cycle to connect with home buyers. Waiting can mean a lot of missed business continue reading »last_img read more

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8 tips for improving your IT policies

first_img continue reading » “Cybercrime is relentless, undiminished, and unlikely to stop.” This dire statement from the 2018 McAfee Economic Impact of Cybercrime report cannot be ignored. The study, conducted in association with the Center for Strategic and International Studies (CSIS), estimates that cybercrime now costs the global economy approximately $600 billion.Financial regulators are worried about this reality and the danger it poses to the safety and soundness of the financial system. Even though institutions have long perfected the art of securing physical cash, they are not nearly as expert at protecting their information and data.As a result, examiners want proof that financial institutions are closing that security gap, and for them, the proof lies in the existence and efficacy of information technology (IT) policies. Given the high stakes for their organizations, institutional boards should be pressing for the same proof.Examiner Expected IT PoliciesAccording to ITSP Magazine, “financial services firms fall victim to cybersecurity attacks 300 times more frequently than businesses in other industries.” Its research also shows that they pay more per breached record than other businesses—$336 versus $225. This explains why federal regulators are increasing their focus on IT policies. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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Thriving through the data wars (and other looming perils) by ‘banking’ on a new core strategy

first_img 8SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Jon Ungerland Jon Ungerland believes the core philosophy underlying credit unions is the plausible and sustainable model for preserving healthy financial institutions and promoting financially dignified and strong communities in the 21st … Web: www.dalandsolutions.com Details Imagine a reality where your data – not dollars, gold, or oil – but your personal digital DNA is the most valuable and desired commodity in the world. Now, imagine a global market where your data is sold, traded, analyzed, deployed, and consumed as the catalyst for economic, political, and social power. Having trouble envisioning that dystopian universe? Here’s an easy solution, just turn on Netflix and watch The Great Hack (word of wisdom … you might want to stock a copious supply of your favorite tonic!).It’s the latest trending Netflix documentary. It’s trending because it’s alarmingly timely and inescapably relevant.To summarize a couple of controversial and potent comments from the film: data is the essential commodity of our contemporary moment (not dollars, oil, gold, etc.); and the identity and behavioral data of individuals/communities is the core asset of a modern global economy of power, influence, and profit (not deposits and loans).The Great Hack is a dark rabbit hole, which puts forward testimonies, investigative journalism, and recent/historical events to support a disturbing thesis: personal and private data rights do not exist in the free market of the internet, and you, your relationships, your community, your thoughts, desires, habits, etc., have been collected and concentrated to become a core of a new global marketplace of influence, power, and profit.While these are troubling realities for our financial services industry largely – still on comparatively archaic technologies and platforms designed to process only a couple of antiquated assets (deposits and loans) – the core theses from The Great Hack don’t have to translate directly into terrifying inevitabilities and eventual extinction of our industry. In fact, the controversial trends and realities captured in this most recent Netflix documentary probably demonstrate immediate potential for our industry (that is, if we’re willing to embrace our roots as community epicenters of trust, connectivity, and sustainable/responsible control of commodities). However, if we (as an industry) continue to conjure up excuses as to why these facts don’t/won’t apply to us (or our institutions), personally or locally. For example, some of my close friends and family have responded to the film with clever quips like, “I don’t use Facebook; so, it doesn’t impact me;” they boldly and ignorantly assert while involuntarily glancing at their favorite messaging app, game, or other ‘hook’ on their smart phone. Ignorance is bliss! As professionals within the community financial services space, we cannot afford to ignore the core theses and controversies of this latest Netflix documentary.This is because, as local financial institutions, we are uniquely situated to help provide solutions to the crises of privacy, local sustainability, and security which are pervasive and (as the film illustrates) irreversibly problematic in our moment. Local financial institutions with modern technology toolsets and relevant core business strategies are positioned (perhaps alone) to be allies for consumers and communities awakening to the dangers and damage of the ‘data wars.’You might be thinking, wait, why/how is my institution embroiled in this “data war”?For years our organization has worked alongside credit unions to promote a simple idea – resilience and relevance in the era of disruption through intentional, centralized, and strategic control, understanding, and use of data.Financial institutions (regardless of size or structure) sit atop deep and desirable veins of digital gold. Your members’ personal, financial, transactional, borrowing, and resulting (derivable) behavioral data are amongst the most treasured targets of our 21st Century digital economy.Google, Amazon, Apple, Facebook have all demonstrated the simplicity (and elegance) of business strategy in the modern, digital, internet economy – amass, centralize, and control data.So, what have you done with the invaluable ore in your community?In part two of this article, I’ll offer a candid assessment of how most credit unions have addressed this situation (or failed to address, by outsourcing and implementing siloed/platform solutions). Then we’ll explore solid advice that all credit unions should heed if they want to remain a relevant force and help shepherd their members through the data wars. Click here to read part two.last_img read more

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The CUInsight Experience podcast: Marlene Schwartz – Laying the groundwork (#62)

first_img 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Randall Smith Randall Smith is the co-founder of CUInsight.com, the host of The CUInsight Experience podcast, and a bit of a wanderlust.As one of the co-founders of CUInsight.com he … Web: www.CUInsight.com Details Welcome to episode 62 of The CUInsight Experience podcast with your host Randy Smith, co-founder of CUInsight.com. This episode is brought to you by our friends at CO-OP Financial Services. CO-OP is your trusted payment processing partner whose mission is to drive the credit union movement forward.For this episode, I had the pleasure of sitting down with Marlene Schwartz at the recent CUES Symposium in Hawaii to discuss credit union planning, collaboration, and leadership from the perspective of a board member and volunteer. Marlene has the distinction of being the first board chair/volunteer to be featured on the podcast. She is the board chair of State Department Federal Credit Union and the board chair for the National Association of Credit Union Chairmen. Marlene and I discuss how the National Association of Credit Union Chairmen is helping to connect and educate credit union board leaders. She also speaks about her experiences with State Department Federal Credit Union, and why the credit union was so quick to lend their support to Filene’s Center of Excellence for Diversity, Equity, and Inclusion. Additionally, listen as Marlene shares her thoughts on the evolution of the credit union industry and board succession planning, as well as State Department FCU’s goals for the next year. Marlene also chats with me about her unique career trajectory from the U.S. State Department to her role as credit union chairwoman, while also discussing the credit union movement and her leadership style.Marlene has worked most of her life in a male-dominated field, and has achieved success beyond her wildest dreams. She has accomplished so much and shares so many life lessons on this episode that you can’t miss! I hope you enjoy this great episode. Subscribe on: Apple Podcasts, Spotify, Google Play, Stitcher Books mentioned on The CUInsight Experience podcast: Book List How to find Marlene:Marlene Schwartz, Chairman of State Department Federal Credit Union and the National Association of Credit Union Chairmenmschwa2911@aol.comwww.sdfcu.orgwww.nacuc.orgTwitter | Facebook Show notes from this episode:Shout-out: to our friends at CO-OP Financial Services, our first sponsor of The CUInsight Experience podcast. Thank you! Check out all the work Marlene and her team are doing at State Department Federal Credit Union hereCheck out all the work Marlene and her team are doing at the National Association of Credit Union Chairmen hereShout-out: CUES and the CUES SymposiumShout-out: Chairman Rodney HoodShout-out: National Credit Union Administration   Shout-out: Filene Research Institute’s Center for Diversity, Equity, and Inclusion Shout-out: U.S. Department of State Shout-out: State Department Federal Credit Union President and CEO Jan RocheShout-out: Former New Jersey Congressman Peter Rodino Shout-out: John Spence Shout-out: Jill Nowacki Shout-out: Maurice SmithAlbum mentioned: The Jazz Singer by Neil DiamondBook mentioned: To Kill a Mockingbird by Harper LeeShout-out: Ella FitzgeraldPrevious guests mentioned in this episode: John Spence, Jill Nowacki (episodes 4, 18 & 37), Maurice Smith, Rodney HoodYou can find all past episodes of The CUInsight Experience here. In This Episode:[01:46] – Welcome to the show, Marlene![02:40] – Marlene shares why she believes board chairs should be involved in events like the CUES Symposium.[03:57] – What the National Association of Credit Union Chairman is about and what they do?[05:41] – Marlene speaks about Chairman Rodney Hood from the NCUA.[06:56] – Marlene shares what it’s like to be on the board.[08:17] – She discusses why State Department Federal Credit Union was quick to give their support to Filene Research Institute. [09:57] – What do you think needs to change to keep credit unions relevant going forward? [11:15] – Marlene chats about what she sees happening at SDFCU over the next year and what she is proud to have accomplished.[14:45] – How did you choose to have a career in the U.S. Department of State? Did you want to be a politician?[17:21] – Marlene recalls the State Department being called the “womb to the tomb department” internally.[18:08] – Marlene shares why she decided to become a board chair for credit unions.[19:24] – Did the inspiration change once you became a board chair?[20:37] – Marlene discussed her leadership style when she started, and how it changed as she moved further in her career.[22:43] – How did you cultivate the ability to make the tough decisions?[23:57] – Marlene says that young leaders step out more aggressively without stopping to see what is happening.[26:02] – Marlene says that a piece of advice she was given when her career began was to count to ten before reacting.[26:58] – Did you have mentors when you were coming up? Have you mentored any young leaders?[28:15] – Marlene shares that there have been times when she felt lost and what she did to address the issue.[29:14] – What do you do to unwind when you have a day off?[30:01] – Marlene speaks about the first time she remembered being in memorable trouble.[32:40] – Marlene says that the last thing she does at night is, reflect on the day and see what she did well and what she could have done better.[33:24] – What do you believe is the best album of all time?[33:51] – What book do you think everyone should read?[35:01] – Marlene shares that being driven by her career has become less important, and that her family and experiences have become more important.[36:37] – When Marlene hears the word success, the first person she thinks of is Ella Fitsgerald because of what she accomplished even though she had many things trying to hold her back.[37:33] – Marlene shares her final asks for the listeners.last_img read more

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Cathay Pacific unveils $5b bailout plan

first_imgOn Tuesday the carrier announced a sweeping proposal to inject liquidity and keep it afloat with the help of Hong Kong’s government, which will take a small stake in the firm.”Cathay Pacific has explored available options and believes that a recapitalisation is required to ensure it has sufficient liquidity to weather this current crisis,” it said in a statement to the city’s stock exchange.The bulk of the capital will come from new shares issued to Aviation 2020, a company owned by the government, as well as a HK$7.8 billion bridge loan also from the government.Under the proposal, Cathay will raise about HK$11.7 billion in a rights issue on the basis of seven rights shares for every 11 existing shares held, while preference shares will be sold to the government for HK$19.5 billion and warrants for HK$1.95 billion, subject to adjustment. Troubled Hong Kong airline Cathay Pacific announced a HK$39 billion (US$5 billion) government-led bailout plan on Tuesday as it battles a crippling downturn caused by the coronavirus.Like many carriers hammered by the crisis, the company has seen passenger numbers evaporate in recent months, leaving most of its fleet sitting on the tarmac and the firm haemorrhaging cash.The airline was already under pressure after taking a hit from months of sometimes violent protests in Hong Kong last year that saw tourism battered. Share trading in Cathay Pacific — and its two biggest shareholders Air China and Swire — was suspended in Hong Kong on Tuesday morning ahead of the announcement. They will resume trading on Wednesday, Cathay said.Swire, a Hong Kong and British conglomerate with colonial-era roots, has a 45 percent stake in Cathay while Air China owns 30 percent.Once the recapitalisation plan is complete, Aviation 2020 will take a six percent stake while Swire’s shares will be reduced to 42 percent and Air China’s to 28 percent. Aviation 2020 will also be allowed to send two “observers” to attend board meetings.Investment temporary The South China Morning Post newspaper reported it is the first time Hong Kong’s government has directly injected money into a private company.Finance Secretary Paul Chan said the government acted to protect Hong Kong’s status as an international transport hub after Cathay approached them for help. “We expect the investment to last three or more years as we at least need to wait for the pandemic to pass,” he told reporters. “The government will not take part in the company’s daily operations,” he said, adding the two observer board members would not have any decision-making powers. In its statement, Cathay said it also plans to implement a further round of executive pay cuts and a second voluntary unpaid leave initiative for employees.Before the pandemic struck, Cathay was one of Asia’s largest international airlines and the fifth largest air cargo carrier globally.The virus has caused a collapse in passenger numbers, and while its cargo business has kept going, Cathay has no domestic demand to fall back on, unlike many other big airlines. It lost US$580 million in the first four months of the year. Cathay also found itself punished by Beijing last year when some of its 33,000 employees expressed support for Hong Kong’s pro-democracy protests.The crisis led to the replacement of both the airline’s CEO and chairman as Cathay scrambled to placate Beijing, while unions complained some staff were sacked for their political views.Many other major airlines have scrambled to secure loans, raise capital or seek bailouts in recent weeks including Singapore Airlines, Korean Air, the three big US airlines and Lufthansa.Topics :last_img read more

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Unilever to drop fossil fuels from cleaning products by 2030

first_imgTopics : Unilever’s total greenhouse gas footprint is about 100 million metric tons of carbon dioxide equivalents globally.The Anglo-Dutch maker of Dove soap and Knorr soup is currently facing unprecedented demand for cleaning products in response to the coronavirus pandemic.It reported in July that Cif surface cleaners and Domestos bleach sales jumped in the double-digits in the first half of 2020.”People want more affordable sustainable products that are just as good as conventional ones,” Peter ter Kulve, Unilever’s President of Home Care said. “We must stop pumping carbon from under the ground when there is ample carbon on and above the ground if we can learn to utilize it at scale,” he added.Unilever aims to reduce carbon emissions from its own operations and its suppliers to zero by 2039, an plan that is 11 years ahead of a deadline enshrined in the 2015 Paris Agreement on combating global warming.This year CDP, a global non-profit carbon disclosure group, ranked Unilever as one of only seven of 182 major companies to achieve an A rating for environment friendly governance in the three categories of climate change, water and forests.Unilever said the 1 billion euro investment would be used to finance biotechnology research and carbon dioxide utilization, and create biodegradeable and water-efficient product formulations.New products under its Persil brand, reformulated to use plant-based stain removers, will appear on UK supermarket shelves from this month, it added.center_img Unilever Plc said on Wednesday it would invest 1 billion euros to eliminate fossil fuels from its cleaning products by 2030, cutting down on carbon emissions created by the chemicals used in making the products.The household goods conglomerate behind the Omo, Cif, Sunlight and Domestos brands said that, instead of petrochemicals, the products would substitute constituents created from plants and other biological sources, marine sources such as algae and waste materials.Chemicals used in its cleaning and laundry products make up 46% of the company’s Home Care division’s carbon emissions across their lifecycle, and the switch – which Unilever said it is the first company to commit to – will cut those emissions by a fifth.last_img read more

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Britain to address air passenger duty next week

first_img Share Sharing is caring! Tweet Share 24 Views   no discussionscenter_img by Global News StaffLONDON, England — The British government is expected to make a parliamentary statement next week on its controversial air passenger duty (APD) that Caribbean countries say is hurting the regional tourism industry.Britain’s Finance Minister, George Osbourne, is due to deliver a budget statement on 23 March in which he is expected to address the APD tax.The tax has recently been increased, making travel to the Caribbean more costly and uncompetitive.The secretary general of the Caribbean Tourism Organisation, Hugh Riley, told BBC Caribbean that the region hopes that Osbourne will announce a reduction in the tax.If there is a reduction in the tax, more Britons and other Europeans are expected to travel to the Caribbean on vacation. Share LifestyleTravel Britain to address air passenger duty next week by: – March 16, 2011last_img read more

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San Dionisio’s most wanted person falls

first_imgHe was detained in the lockup cell ofthe municipal police station. The 42-year-old Redan Bacong of BarangaySua, San Dionisio was arrested in his residence around 4:30 p.m. on Wednesday,police said. Bacong’s apprehension was staged on thestrength of an arrest warrant in relation to murder charge he faces. ILOILO City – He was listed as the mostwanted person in the municipal police station of San Dionisio, Iloilo. The court recommended no bail bond forBacong’s temporary liberty./PNlast_img read more

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Report: KKK Recruitment Fliers Found In Indiana, Ohio

first_imgResidents in Ohio and Indiana have received letters from the Ku Klux Klan. (Image: Spencer Platt/ Getty Images)CINCINNATI – Some western Cincinnati residents are concerned after finding fliers distributed by a Ku Klux Klan group out of Southeastern Indiana.The fliers promote the white supremacist organization saying “White Power” and “Join the Klan,” according to Cincinnati’s WLWT Channel 5.Some of the fliers, which were found in the Green Township, Ohio area, also call out illegal immigration.Last month, fliers were found in the mailbox of several residents of Seymour, Indiana.Those invitations were handed out by the Fraternal Order of the Cross, a KKK Chapter in Madison.The fliers in Ohio and Indiana may be part of a nationwide recruiting effort.last_img read more

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