ReportWire

Tag: Businesses

  • Wendy’s set to close hundreds of US restaurants: what we know

    Fast food chain Wendy’s is set to close hundreds of restaurants around the country.

    CNN are reporting that in a call on Friday, Interim CEO Ken Cook told analysts a “mid single-digit percentage” of approximately 6,000 US locations could close, which amounts to between 200 and 350 restaurants.

    Cook said the closures will target “underperforming” locations in an effort to “boost sales and profitability.”

    “These actions will strengthen the system and enable franchisees to invest more capital and resources in their remaining restaurants,” Cook said. “Closures of underperforming units are expected to boost sales and profitability at nearby locations.”

    The closures will begin this year and continue through 2026. Cook did not reveal specific locations that would be targeted.

    Wendy’s closed 140 restaurants nationwide in 2024.

    This is a developing story and will be updated.

    Source link

  • What Resolution’s Investor Strategy Tells Us About Corporate Climate Action

    Two veteran investors with experience in the climate technology and clean energy sectors have launched a new firm and their investment strategy sheds light on some important trends during a volatile period for corporate climate action.

    David Lowish and Akhil Monappa are the driving forces behind Resolution Investors, which aims to “capture the opportunities created by the climate transition.” Both were formerly with Generation Investment Management, the pioneering sustainable investment management firm founded by former Vice President Al Gore a little more than 20 years ago.

    With Resolution, Lowish explained, he and his partners will concentrate on a portfolio of 30 companies across a range of sectors, all benchmarked against rigorous climate action measures.

    “What we’re looking to do is to select those businesses that are quality companies in their own right but also have their eyes firmly on a net zero future,” Lowish told Newsweek.

    That includes companies that are directly involved in reducing emissions and developing adaptations to the impacts of climate change. But the main focus is on what Lowish called transition leaders.

    “That transition leader group of companies is one which has really been ignored by mainstream investors,” he said.

    Resolution is interested in legacy companies that are strongly aligned with meeting international climate targets, addressing emissions across their operations and supply chains, and limiting exposures to climate risks.

    “Our lens on climate is broad,” Monappa said, adding that they are focused on companies with “concrete plans of delivering on that commitment” and those offering products and services that help move the world toward cleaner energy and climate adaptation.

    That often means looking beyond companies just within the clean energy sector.

    “In renewables, it’s just been harder for us to find high-quality companies that meet our criteria for business quality and people and leadership quality,” Monappa said.

    Instead of just looking at solar and wind power manufacturers, Resolution is tracking companies that help to electrify more of the economy, thus allowing for wider reach of clean power and the displacement of fossil fuels.

    As one example, Lowish said Resolution is tracking the French electronics equipment company Legrand.

    “They make a lot of cables, wirings, breakers and the infrastructure, which goes into all kinds of buildings and helps to facilitate more efficient energy use in those buildings, connecting to batteries and connecting to renewable energy sources,” he said. “We tend to focus on those types of enablers.”

    Resolution’s strategy reflects a broader recent trend in corporate sustainability as many company leaders move from making high profile public commitments on emissions reductions and toward the more operational requirements to integrate sustainability goals into core business practices.   

    Companies in the clean tech sector have been through a volatile period with inflationary pressure on supply chains (and, more recently, the impact of tariffs), changes in interest rates and an unprecedented shift in U.S. federal policy on climate and energy.

    “It’s been a really rough ride,” Lowish said. “But the technologies are still here, especially the more mature ones, there’s still a role for them.”

    Resolution is betting that the role for the clean tech sector will grow as demand for power grows with the boom in AI data centers and more industrial activity in the U.S.

    Lowish said the uncertainty hanging over the industry during the early months of the Trump administration is beginning to wane as people adjust to the political reality and the impacts of legislation that stripped away federal support for clean energy.

    “The political moves have been made, the regimes have been fixed,” he said. “When all is said and done, people are still turning to renewables as a way to plug the energy gap.”

    Despite the Trump administration’s crackdown on clean energy, the bulk of new electricity generation capacity added to the grid this year has been in the form of solar, wind and batteries, which are often the fastest and cheapest sources of new power.  

    Lowish said the continued strength of renewable energy will allow also improve the position of the transition leader companies Resolution tracks. And they’re not the only ones making that bet.

    Bloomberg recently reported that the S&P Global Clean Energy Transition Index has outperformed the S&P 500 even in the face of policy changes hostile to clean energy.

    The same week that Resolution announced its arrival, Brookfield Asset Management announced that it had raised $20 billion for what it called the world’s biggest private fund dedicated to the clean energy transition.

    Despite political headwinds and some negative headlines about sustainable investing, Lowish said, many companies continue to adapt to the reality of climate change.  

    “There’s a drumbeat of modifying your business footprint to make it more future-proof for the climate transition,” he said. “We think that’s what’s happening below the surface.”

    Source link

  • Nearly 4 Million Pounds of Chicken Corn Dogs Recalled Over Wood

    Foster Poultry Farms is recalling more than 3.8 million pounds of chicken corn dog products after wood was found in the batter, resulting in injuries.

    The U.S. Department of Agriculture’s Food Safety and Inspection Service (FSIS) announced the massive recall on Saturday, affecting approximately 3,843,040 pounds of products that may be contaminated with pieces of wood embedded in the batter. The Livingston, California-based establishment received numerous consumer complaints, with at least five reported injuries from consumption of the affected products.

    Newsweek reached out to Foster Poultry Farms via online submission form on Sunday for comment.

    Why It Matters

    This latest recall represents the second major corn dog contamination incident in just one week, signaling potential systemic safety failures within the processed meat industry.

    On September 28 the Hillshire Brands Company issued an even larger recall of approximately 58 million pounds of corn dog and sausage on a stick product, also due to wood contamination that injured five consumers

    The contamination involves pieces of wood embedded in the batter of corn dogs, creating a serious injury risk for anyone consuming these products. With distribution reaching schools and military facilities nationwide, the recall highlights the potential for widespread health impacts when safety protocols fail in large-scale food production.

    What To Know

    The Foster Farms recalled chicken corn dog products were manufactured between July 30, 2024, and August 4, 2025, and were sold under various brand names, including “Chicken Corn Dogs Batter Wrapped Chicken Frankfurters on a Stick” and “Corn Dogs Chicken Franks Dipped in Honey Batter.”

    Consumers can identify affected products by looking for the establishment number “P-6137B” printed either inside the USDA mark of inspection or on the packaging.

    The products were distributed to retail and institutional locations across the United States, including Department of Defense facilities and through USDA Commodity Foods donations. While some products reached schools through commercial sales, FSIS clarified they were not part of food provided by the USDA for the National School Lunch Program.

    The contamination was discovered after FSIS received a consumer complaint involving an injury, prompting further investigation that revealed multiple additional complaints to the company. The establishment received numerous consumer complaints, with five specifically involving injuries from wood pieces found in the products.

    FSIS has classified this as a serious health risk, with officials expressing particular concern that affected products may still be stored in consumers’ refrigerators and freezers, as well as in institutional storage facilities.

    The agency emphasized that these products should not be consumed under any circumstances and should be immediately discarded or returned to the place of purchase for a refund.

    A full list of the products subject to recall can be found here.

    What Should Consumers Do?

    Consumers who have experienced injuries or health issues related to these products are advised to seek immediate medical attention and report their experiences through the Electronic Consumer Complaint Monitoring System at https://foodcomplaint.fsis.usda.gov/eCCF/, available 24 hours a day.

    The USDA Meat and Poultry Hotline (888-674-6854) remains available for food safety questions and concerns.

    What Happens Next?

    FSIS will conduct comprehensive recall effectiveness checks to verify that Foster Farms properly notifies all customers and takes necessary steps to ensure the contaminated products are completely removed from commerce.

    The agency will post retail distribution lists on its website at www.fsis.usda.gov/recalls as they become available, allowing consumers to check if their local stores received the affected products.

    Reporting from the Associated Press contributed to this article.

    Source link

  • Trump urges investors to ‘respect’ immigration laws after Hyundai raid

    President Donald Trump told foreign investors to respect U.S. laws after hundreds of South Korean nationals were arrested during an U.S. Immigration and Customs Enforcement (ICE) raid at a Hyundai–LG electric vehicle battery construction site in Georgia this week.

    Why It Matters

    The raid on the Hyundai-LG plant on Thursday has raised questions about how multinational investments will be staffed amid tighter visa rules and heightened immigration enforcement.

    The Trump administration is hoping that foreign companies will move their overseas operations to the U.S. and boost investment and jobs in response to his tariff policy.

    What To Know

    Trump said the U.S. welcomed foreign investment but companies should bring people in legally.

    “Following the Immigration Enforcement Operation on the Hyundai Battery Plant in Georgia, I am hereby calling on all Foreign Companies investing in the United States to please respect our Nation’s Immigration Laws,” Trump said in a post on his Truth Social platform.

    “Your Investments are welcome, and we encourage you to LEGALLY bring your very smart people, with great technical talent, to build World Class products, and we will make it quickly and legally possible for you to do so. What we ask in return is that you hire and train American Workers,” he said.

    U.S. immigration agents arrested 475 people at the Ellabell, Georgia, construction site on Thursday. At least 300 of those detained were South Korean nationals, their foreign ministry said.

    Hyundai said it believed none of its direct employees were among those detained and said it was reviewing its practices to ensure legal compliance by contractors and subcontractors.

    U.S. officials described the operation as the largest single-site enforcement action in Department of Homeland Security (DHS) history and said those detained were in the U.S. illegally or working without authorization.

    Seoul said it would send a chartered plane once remaining administrative steps were cleared and pledged to review visa procedures for business trips tied to large investment projects.

    South Korean Foreign Minister Cho Hyun is set to fly to the U.S. on Monday to meet officials and finalize arrangements for the return of the South Korean citizens, the Yonhap news agency reported.

    Trump on Sunday brushed off any suggestion the raid could damage relations with Asia’s fourth-largest economy and an important security ally where some 28,000 U.S. troops are based.

    “We have a great relationship with South Korea, really good relationship,” Trump told reporters.

    The immigration operation followed a months-long investigation into alleged illegal hiring practices at the Hyundai site. According to court records cited by The Associated Press, U.S. prosecutors said they have not yet determined which company or contractor hired “hundreds of illegal aliens.”

    Some of the detainees had entered the country unlawfully, while others arrived on temporary visas or through a waiver program that does not allow employment, according to Steven Schrank, the lead Georgia agent of Homeland Security Investigations.

    This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees waiting to have their legs shackled at the Hyundai Motor Group’s electric vehicle plant, Thursday, Sept. 4, 2025,…


    Corey Bullard/U.S. Immigration and Customs Enforcement/AP

    What People Are Saying

    President Donald Trump, referring to the need for some foreign help for U.S. industry, told reporters on Sunday: “When they’re building batteries … if you don’t have people in this country right now that know about batteries, maybe we should help them along and let some people come in and train our people to do complex things, whether it’s battery manufacturing or computer manufacturing or building ships.”

    Trump, addressing potential foreign investors in his Truth Social post: “Together, we will all work hard to make our Nation not only productive, but closer in unity than ever before.”

    The nonprofit legal advocacy organization Asian Americans Advancing Justice-Atlanta in a statement said: “Our communities know the workers targeted at Hyundai are everyday people who are trying to feed their families, build stronger communities, and work toward a better future.”

    What Happens Next

    South Korea promised to review business-visa procedures for investment-related trips with the aim of preventing the recurrence of such an incident.

    Source link

  • The Orgasm Expert Who Ended Up on Trial

    At around three in the afternoon on June 9th, in a courtroom on the fourth floor of Brooklyn’s federal courthouse, in Brooklyn Heights, a jury passed a note to the court officer, indicating that, after two days of deliberation, it had reached a verdict in the case of Nicole Daedone, the founder of a sexual-wellness company called OneTaste, and Rachel Cherwitz, its former head of sales. Both women had been charged with one count of forced-labor conspiracy, and both had pleaded not guilty. Daedone, tanned and blond, in a slate-blue pants suit, had smiled politely as the jury filed back into the courtroom. Her defense attorney, Jennifer Bonjean, who famously has a tattoo on her right biceps with the words “Not Guilty” spelled out in block lettering, sat next to her in a puff-sleeve black blazer. In 2021, she successfully overturned Bill Cosby’s sexual-assault conviction.

    OneTaste, which Daedone launched with a partner in 2004, specialized in “orgasmic meditation,” a ritual focussed on the female orgasm, in which a woman, naked from the waist down, would have the upper-left quadrant of her clitoris stroked gently by a partner—often male, usually gloved—for fifteen minutes. Daedone has said the name was derived from a Buddhist expression, which she paraphrased as “Just as the ocean has one taste, the taste of salt, so does the taste of liberation, the taste of truth.” Her larger goal was to awaken the world to what she often described as “the feminine power.” The company sold demonstrations, workshops, and retreats; at its height, in 2017, it reported at least ten million dollars in annual revenue. The idea was that one could practice orgasmic meditation—or OMing, as it was also called—as often, or as little, as one liked.

    Introductory classes were inexpensive, but other meetups and courses, such as the Nicole Daedone Intensive, could cost as much as thirty-six thousand dollars; an annual membership, which guaranteed a front-row seat to any OneTaste course, went for sixty thousand. The organization relied on a passionate sales team, whose reps were expected to upsell anyone who attended an introductory gathering and to embrace the OneTaste way of life—Daedone was fond of the company slogan, “Powered by Orgasm.” Staff and members often lived in one of the company’s communal houses. Employees of OneTaste were young and attractive, versions of people a potential customer might desire—or even want to be.

    The attorneys for the Eastern District of New York made the case that Daedone and Cherwitz had preyed on more than a half-dozen young, impressionable women—some recovering from sexual trauma, others seduced by the idea of sexual freedom—who had worked for OneTaste for little or no money, sometimes even taking on debt, and had been pressured into engaging in sexual acts with high-spending members and, in several cases, a company funder. “This case is about a group of women who gave everything to these defendants,” Nina Gupta, a prosecutor, said during her closing argument. “Their money, their time, their bodies, their dignity, and, ultimately, their sanity.”

    Daedone and Cherwitz both chose not to testify. Throughout the five-week trial, Daedone, often wrapped in a beige shawl, would turn back to look at her partner, Emmett Farley, a writer and meditation guide, who sat in the gallery with a strand of Buddhist mala beads in his hand. These were to “change the energy in the room,” he told me, his shoulder-length brown hair tied in a bun. Daedone, using the hashtags #ErosOnTrial, #EroticJustice, #liberation, and #womenspower, frequently posted on Instagram, showing pictures and slow-motion videos of herself and Cherwitz, often flanked by female OneTaste supporters, striding into the courthouse. One post was accompanied by the Fugees’ “Zealots.”

    Prosecutors did not argue that Daedone or Cherwitz had threatened the nine victims with regular violence, loss of property, or blackmail, which the charge of forced-labor conspiracy often entails. Instead, witnesses testified that they had been afraid to speak up about the abuse, for fear of being ostracized or let go. Many said that they left OneTaste in debt, after being compelled to pay for expensive courses and programs while earning next to nothing. Some called OneTaste a cult. Under cross-examination, all of the victims agreed that they had technically been free to leave OneTaste at any point, but had not.

    When it was time to read the verdict, the courtroom deputy, Andrew D’Agostino, stood up, a slip of paper from the jury in his hand. Daedone took a deep breath. “As to forced-labor conspiracy, how do you find the defendant Nicole Daedone—guilty or not guilty?” he asked. “We find her guilty,” the foreperson replied. (The jury had delivered the same verdict for Cherwitz.) Daedone briefly looked stricken, but, even so, a placid smile remained on her face. Judge Diane Gujarati announced a short recess. Daedone walked to the back of the courtroom, where she gave Farley a long hug. Surrounded by her supporters, some of whom were crying, she whispered, “Nothing changes.”

    OneTaste opened its doors in San Francisco in the early two-thousands, as wellness culture was infiltrating the mainstream. What were once the funky habits of the counterculture movement—green juices, acupunctures, psychedelics—became a profit-driven multibillion-dollar industry, in which anxieties about beauty, fitness, sexuality, and diet all flew under the banner of wellness. Silicon Valley had just made a generation of Bay Area entrepreneurs (mostly men) very wealthy, and with their ascent came a utopian notion of self-improvement and optimization that would, the belief went, change the world. Meg Whitman was the C.E.O. and president of eBay, and a nineteen-year-old Mark Zuckerberg had built a website called Facemash, which allowed users to rank their Harvard classmates by their attractiveness. Women were both empowered and objectified, deemed capable of being in charge but still overtly sexualized. OneTaste, by centering women’s pleasure, possessed a sheen of radicalism at a moment when feminism and misogyny seemed to go hand in hand.

    The idea for OneTaste took root in 1998, after Daedone met a sexuality coach named Erwan Davon at a party. In her retellings, Daedone has described Davon as a Buddhist monk. (Davon has said he’s spent time living in a Zen monastery.) That night, he offered to stroke her clitoris. He examined her vagina under a light, and began to narrate its colors and shape: coral, rose, pearl pink. Daedone wept. In a TEDxSF talk, from 2011, she describes what happened next: “And then, all of a sudden, the traffic jam that was my mind broke open, and it was like I was on the open road and there was not a thought in sight. And there was only pure feeling, and for the first time in my life I felt like I had access to that hunger that was underneath all of my other hungers, which is a fundamental hunger to connect with another human being.”

    The practice, which was called “deliberate orgasm,” originated with Morehouse, a commune—founded in 1968 in Oakland, California—whose goal was to live pleasurably among friends. It was inspired by the life-style and teachings of Victor Baranco, who, in 1971, described himself in Rolling Stone as a former used-car salesman and a “peddler of phony jewelry.” Baranco once held a three-hour demonstration of a deliberate orgasm (including cigarette breaks) with a twenty-two-year-old Morehouse resident named Diana. “Sometimes he would have me recite nursery rhymes,” she noted on the group’s website, explaining how she kept her focus. Morehouse’s participants were known among locals for painting their houses purple and driving purple limousines. The group, under the philosophy of “responsible hedonism,” opened More University in 1977, offering classes such as “Basic Sensuality” and “Basic Hexing.” (The Times described the school as “worthless,” with “no campus and no library,” and, in 1997, a change in state law led the university to close its doors.)

    Daedone was so gripped by the idea of deliberate orgasm that she ended up joining the Welcomed Consensus, a small commune founded in Northern California by a Vietnam veteran and hairdresser named R. J. Testerman, who had begun replicating Baranco’s pedagogy after taking classes at More University. Davon, whom Daedone was now dating on and off, was also involved. (Both organizations have been called cults, and one trial witness testified that Testerman, who has passed away, was physically abusive to many of those who lived with him. Morehouse disputes the label “cult.” Welcomed Consensus, which is retired, declined to comment on any allegations but called Testerman a “well-respected” community member.) Daedone—then known as Nikki—spent a few years with the Welcomed Consensus, eventually moving in with the group in 2000. She contributed to its online forum, the Clit Board, but she had bigger ambitions. She moved into a more relaxed communal household in Brisbane, south of San Francisco. In 2002, she travelled to Hawaii, where she met Baranco, who was dying of cancer. She appealed to be his successor. Baranco agreed, but the plan fizzled out—after just a few weeks, she returned to California empty-handed.

    Daedone was convinced that clitoral stroking could one day be as popular as yoga. She made a few tweaks to the practice, imposing a fifteen-minute timer for sessions and changing the name to orgasmic meditation to give it more of a mindfulness sensibility. That same year, she founded the first of several ventures with Rob Kandell, a computer programmer she had met through the Welcomed Consensus who had become disillusioned with his life and would soon divorce his wife. Two years later, using the proceeds from the sale of Kandell’s San Francisco house—three hundred and fifty thousand dollars—they launched OneTaste, which would roll feminism, wellness, and the free-love movement of the sixties into one.

    Daedone and Kandell rented their first space in San Francisco, on Folsom Street, and began offering OM workshops, yoga, and other classes. Over the next few years, they rented multiple homes in the city, where staff lived and worked together. The Welcomed Consensus served as a partial blueprint. For devoted OneTasters in the early years, communal living was intended to break down people’s barriers and push past what was uncomfortable or ordinary, in order to reach a more raw version of the self. Daedone assigned certain people to be “research partners”; they were instructed to explore each other, both emotionally and sexually. People often slept two to a bed. Days always began and typically ended with OM sessions; household chores and administrative work were taken care of in between. Senior staff taught various classes on clitoral stroking, oral sex, bondage, and more. If there was conflict between two people, it wasn’t unusual to recommend a “makeout,” a euphemism for sexual activity, which was believed to smooth out unspoken tension. The organization dabbled in B.D.S.M. Daedone had used drugs when she was younger, and A.A. and N.A. meetings were a part of the company culture. Although Daedone had dated women in the past, OneTaste was more heteronormative than not. Still, the place offered a sense of possibility. Some people there believed that they were deprogramming themselves, living in an uninhibited way that society would never otherwise have allowed.

    Thessaly La Force

    Source link

  • Sanford Brewing Company may close both locations after food, drinks run out

    Sanford Brewing Company may close both locations after food, drinks run out

    Sanford Brewing Company says both Central Florida locations still plan on closing, as soon as they run out of everything.The staff who thought they would be out of jobs last week are now taking it day by day.”None of us have anything lined up, so for the next few days, we’re going to do our best and try to serve as many people as we can,” said Darwin Goh, the manager of the Maitland location. “I’ve just never worked anywhere that has had so much local support and repeat business. A large majority of the people, of our guests are people that I’ve seen before.”He said some financial challenges, including an illness, led their investors to make a tough decision.The location in Sanford has been around for eight years. Thursday is when the staff originally thought both locations would say their final goodbyes. “Thursday, we stayed open till like 1 a.m., even though we closed at nine,” Goh said. “We just stayed here the entire night with them. Everybody was tearing up,” Adrian Vargas, who is a regular customer, said. However, Goh said the owners told the staff they could continue serving during the weekend until their kitchens go empty. “The best we could do for the staff is sell everything that I have in the building,” Goh said. “I have lots of food. We have a beer, wine, a full liquor bar. So we don’t want that to go to waste.”The business said the summer has been very slow, and it really pushed them over the edge.To make up for the loss, they are taking cash only from customers so the money can go directly to the staff. “These people become family, so it’s like losing family in a way,” Vargas said. “I want to say I’m hopeful because this allows these people to explore things that they maybe didn’t have a chance to explore and potentially open up their own brewery.” The owners said they needed more than $100,000 to pay the workers while trying to secure a new buyer.

    Sanford Brewing Company says both Central Florida locations still plan on closing, as soon as they run out of everything.

    The staff who thought they would be out of jobs last week are now taking it day by day.

    “None of us have anything lined up, so for the next few days, we’re going to do our best and try to serve as many people as we can,” said Darwin Goh, the manager of the Maitland location. “I’ve just never worked anywhere that has had so much local support and repeat business. A large majority of the people, of our guests are people that I’ve seen before.”

    He said some financial challenges, including an illness, led their investors to make a tough decision.

    The location in Sanford has been around for eight years.

    Thursday is when the staff originally thought both locations would say their final goodbyes.

    “Thursday, we stayed open till like 1 a.m., even though we closed at nine,” Goh said.

    “We just stayed here the entire night with them. Everybody was tearing up,” Adrian Vargas, who is a regular customer, said.

    However, Goh said the owners told the staff they could continue serving during the weekend until their kitchens go empty.

    “The best we could do for the staff is sell everything that I have in the building,” Goh said. “I have lots of food. We have a beer, wine, a full liquor bar. So we don’t want that to go to waste.”

    The business said the summer has been very slow, and it really pushed them over the edge.

    To make up for the loss, they are taking cash only from customers so the money can go directly to the staff.

    “These people become family, so it’s like losing family in a way,” Vargas said. “I want to say I’m hopeful because this allows these people to explore things that they maybe didn’t have a chance to explore and potentially open up their own brewery.”

    The owners said they needed more than $100,000 to pay the workers while trying to secure a new buyer.

    Source link

  • Carousel Digital Signage Achieves TX-RAMP Level 1 Certification

    Carousel Digital Signage Achieves TX-RAMP Level 1 Certification

    MINNEAPOLIS, MINNESOTA – Carousel Digital Signage has achieved Level 1 Certification under the Texas Risk and Authorization Management Program (TX-RAMP), a Texas Department of Information Resources (DIR) program that makes governmental technology more secure, cost-effective and forward-looking. The Level 1 Certification approves and recommends Carousel Cloud for use with all state government agencies including higher education community colleges.

    Level 1 Certification is ideal for businesses like Carousel Digital Signage that process low-impact, low-sensitivity data in the cloud for broader public consumption. The certification, valid for three years, confirms Carousel Cloud as a secure and reliable technology partner for education and government facilities that represent two of Carousel Digital Signage’s busiest verticals.

    Carousel Cloud has also just released an updated SOC 2 Type 2 Compliance report, which confirms that Carousel has implemented the appropriate internal controls around security to protect customer data delivered to digital signage end points in the cloud.

    Carolyn Korchik, Director of Information Security and Compliance for Carousel Digital Signage, shares that she and her team built onto its existing SOC 2-approved cloud security framework for cybersecurity to achieve TX-RAMP Level 1 Certification. DIR analyzed all cybersecurity risks and solutions built into the Carousel Cloud framework before approving its certification.

    “TX-RAMP Level 1 Certification requires many of the same controls for active monitoring of security-related procedures, and the certification itself is an assessment of our cybersecurity procedures,” said Korchik. “There is no additional cost to our education and government customers in Texas. As an approved vendor, new customers are assured that we have met DIR’s stringent IT and cloud security requirements, and all necessary policies and controls are built into the Carousel Cloud framework.”

    About Carousel Digital Signage

    Carousel is Digital Signage Content Management Software that is easy to use, scalable, and reliable. With a deep feature set and strong technology partnerships Carousel gives you the most value in digital signage. Carousel Digital Signage is a division of Tightrope Media Systems. You can reach the Carousel team at (866) 866-4118, or visit  www.carouselsignage.com.

    eSchool News Staff
    Latest posts by eSchool News Staff (see all)

    ESchool News Staff

    Source link

  • Queen & Rook set to move to South Street, opening largest board game cafe on East Coast

    Queen & Rook set to move to South Street, opening largest board game cafe on East Coast

    Queen & Rook, the board game cafe in Queen Village, is preparing to level up with a new location that features three floors, two bars and a vintage video game arcade.

    At 123 South St., the new building is mere feet away from the original spot at 607 S. Second St. The cafe closed its original location on Sunday, and there will be a grand opening to welcome gamers to the new Queen & Rook on Saturday at 12 p.m. Owners Edward Garcia and Jeannie Wong are promising a stark difference. 


    MORE: Before Eastern State Penitentiary closed, music by the prison’s inmate band delighted radio audiences


    For starters, there’s the scale. Queen & Rook claims the new 6,000-square-foot location will make it the largest board game cafe not only in Pennsylvania but on the East Coast. (The old space was 2,000 square feet.) It will span three floors with indoor, outdoor and private event spaces and two places to order drinks: the Green Dragon Bar and Silver Dragon Bar. The cafe will also upgrade its current library of 1,300-plus board games to more than 2,000.

    A wood-and-brick cafe space with A-frame beams, chandeliers, booths, tables and chairs.Provided image/Kscope Philly

    The new Queen & Rook at 123 South St. will include much more seating across three floors.

    With the extra space comes new perks, like two outdoor seating areas and a new video game arcade. The arcade will have over 30 machines with hundreds of retro titles like Ms. Pacman, Street Fighter and Dance Dance Revolution. In between knockouts, players can order canned cocktails or beers from Yards’ 8-Bit series at the nearby bar.

    Queen & Rook arcadeQueen & Rook arcadeProvided image/Kscope Philly

    The arcade will include hundreds of classic video game titles and newer games like ‘Stranger Things’ pinball.

    The menu is also getting a makeover, as Queen & Rook plans to add wood-fired pizza, housemade soft-serve and other bonus desserts this spring. The cafe has teased more vegetarian and vegan options on its Instagram.

    Queen & Rook outdoorQueen & Rook outdoorProvided image/Kscope Philly

    This shows one of two outdoor seating areas at the new Queen & Rook game cafe on South Street.

    As for Queen & Rook’s adjacent retail shop The Keep, currently at 613 S. Second St., it will move next door to the new space in June. Garcia and Wong announced their plans to relocate the cafe in 2023, taking over the space formerly occupied by Pietro’s Coal Oven Pizzeria, and teased more game options and events programming. Queen & Rook hosts frequent Dungeons & Dragons sessions for kids and teens, as well as a board game and RPG after-school program. It also offers gaming camps scheduled around the School District of Philadelphia’s summer and spring breaks and other closures.

    When Queen & Rook opened in 2019, it was one of the only board game cafes in Philadelphia, though not the first — that title is held by Thirsty Dice in Fairmount. Since then, the scene has expanded to University City (The Board and Brew) and Ardmore (Twenty One Pips). 

    This story has been updated with the square footage of the new and old Queen & Rook locations.


    Follow Kristin & PhillyVoice on Twitter: @kristin_hunt
    | @thePhillyVoice
    Like us on Facebook: PhillyVoice
    Have a news tip? Let us know.

    Kristin Hunt

    Source link

  • Here’s Mayor Mike Johnston’s plan to make Downtown Denver the most vibrant city center in the country

    Here’s Mayor Mike Johnston’s plan to make Downtown Denver the most vibrant city center in the country

    City officials stand beside Mayor Mike Johnston as he holds a press conference, in front of Union Station, to announce a new plan to boost affordability and activity downtown. May 9, 2024.

    Kevin J. Beaty/Denverite

    Mayor Mike Johnston is trying to fulfill his pledge to make Downtown Denver the most vibrant city center in the country.  Right now, he knows the area is struggling, and while some families are happily living there, others in the region have mixed views

    Johnston points to the shuttered businesses, empty offices, unsheltered homelessness and a spike in fentanyl use. 

    “I think cities across America are facing a shared crisis as offices and downtowns have struggled to recover post-pandemic,” he said. “Many are wondering: Will our downtowns ever recover again? Should we just give up on them as some relic from a bygone era?” 

    As Johnston sees it, to make Downtown Denver vibrant, the city needs to invest half a billion dollars toward revitalizing it.

    Mayor Mike Johnston holds a press conference in front of Union Station, announcing a new plan to boost affordability and activity downtown. May 9, 2024.
    Kevin J. Beaty/Denverite

    Downtown Denver is a regional economic hub, and the entire region relies on its success, Johnston said.  

    “We know we cannot have a thriving Denver without a thriving downtown,” he said. “We can’t have a thriving Colorado without a thriving Denver. We can’t have a Rocky Mountain West that thrives without a thriving Colorado, which means the economic recovery of 10 states starts in this neighborhood.”

    On Thursday morning, Johnston announced his push to expand the Downtown Denver Authority, a funding mechanism that helped revitalize Union Station and the surrounding blocks. 

    “If we successfully activate that tool, that will allow us to invest more than $500 million dollars into the investment in Downtown,” he said.

    Alongside him stood City Council members Amanda Sandoval, Darrell Watson, and Chris Hinds, who pledged to champion the expansion of the authority. 

    Conversations between the city, businesses and the Downtown Denver Partnership have already begun.

    “We definitely need intervention to ensure that the investments that we’ve historically made are protected, and that we’re moving Downtown forward,” said Kourtny Garrett, head of the Downtown Denver Partnership.

    Garrett describes the potential $500 million investment as a “force multiplier” that will attract private sector investment in Downtown. The money could be used, in part, to fill financing gaps for developers wanting to convert office space into homes, projects that would otherwise be hard to fund.

    Mayor Mike Johnston holds a press conference in front of Union Station, announcing a new plan to boost affordability and activity downtown. May 9, 2024.
    Kevin J. Beaty/Denverite

    Johnston is starting a conversation with Downtown residents about what exactly they’d like to see. After that, all Denverites will have a say in the future of the city center. 

    The mayor has launched a website where residents can offer suggestions about what they want in a revitalized Downtown. There will also be meetings in neighborhoods citywide to gather residents’ ideas for the city center.

    Specific goals could include more daycare centers, parks, open space and the adaptive reuse of office buildings. 

    “Our vision is to create the fastest-growing economic engine in the West,” he said. “But one that also brings a more diversified central neighborhood district where people of all ages and incomes can make their home.”

    If Johnston has his way, Downtown won’t just be a playground for the wealthy. Restaurant workers will be able to afford apartments close to their jobs, first-year nurses will be able to enjoy the fruits of the city center, and retirees will be able to safely relish their golden years.  

    City Council will ultimately need to approve the expansion of the Downtown Denver Authority, as would residents and businesses under the current authority. 

    Johnston says he has not abandoned the city’s other neighborhoods, arguing that the renewal of Downtown is, in part, designed to help them. 

    As the mayor has focused his efforts on ending street homelessness in Downtown, he has moved many people from city center streets to neighborhoods across Denver. Some communities have complained that his efforts have created new issues in their communities, and some businesses outside Downtown say they need more economic support to stay afloat, too. 

    “We are deeply committed to a vibrant Denver in every neighborhood across the city,” Johnston said. “And we’ll continue to work this year to roll out plans for how we have the same conversations across every neighborhood in Denver for what people want in their own neighborhoods.”

    In the fall, Johnston plans to host revitalization town halls in communities citywide, though the details are not yet firm.

    Mayor Mike Johnston speaks with Sage Hospitality CEO Walter Isenberg before a press conference in front of Union Station, where he’ll announce a new plan to boost affordability and activity downtown. May 9, 2024.
    Kevin J. Beaty/Denverite

    “What we do know is Downtown is still the economic driver for the city,” he said. “Even if you work in Southeast or Northeast Denver, you have a business that relies on some of the economic activity of Downtown Denver, whether that’s tourism, whether that’s business, whether that’s a tax revenue that comes from this location.” 

    As Johnston sees it, people from every neighborhood congregate in Downtown to celebrate birthday dinners, enjoy sports, celebrate anniversaries and take a bike ride on Sunday mornings.

    “We do think it is at the heart of the city,” he said. “But of course, we will pay attention to every part of the city, but we think this is the right place to begin.”

    Source link

  • Have $2,000? 2 Magnificent Stocks Ready for a Bull Run

    Have $2,000? 2 Magnificent Stocks Ready for a Bull Run

    Stocks across a range of industries and sectors have dealt with unique challenges over the last few years. While some companies are still dealing with the effects of a slowdown in growth following pandemic highs, it’s important to look at the underlying businesses and not just stock prices to see if a long-term buying proposition remains intact.

    If you have $2,000 to invest in stocks right now, there are plenty of wonderful businesses begging to be bought. Here are two such names to consider for your buy basket right now, both of which the market has heavily discounted over the trailing 12 months.

    1. Pfizer

    Pfizer (NYSE: PFE) has had a significant adjustment as a business after the height of its successes during the pandemic from the COVID-19 vaccine, Comirnaty, and oral antiviral medication, Paxlovid. While it was inevitable that there would be a steep sales cliff after the pandemic-era demand for these products waned, investor sentiment has not been kind to the stock in recent months.

    Over the last year, the stock has declined by over 30%. Now, shares of Pfizer are trading at a price-to-sales multiple of around 2.6. While a low valuation in and of itself is never the sole reason you should purchase a stock, it’s definitely food for thought when you’re looking at one of the world’s largest pharmaceutical companies with a broad portfolio of medicines and considerable growth potential still to come.

    There’s no denying that the momentum of COVID-19 products slowing has had a notable impact on Pfizer’s balance sheet. Still, Pfizer pulled in full-year revenue of just shy of $59 billion in 2023. And excluding COVID-19 products from the mix, its top line grew by a healthy 7% from the prior-year period, which is a solid growth rate for a business in this stage of maturity.

    Pfizer was profitable in 2023 — net income according to generally accepted accounting principles (GAAP) totaled $2.1 billion — but that was a steep decline from one year ago when 2022 net income came to $31.3 billion. That isn’t just a function of declining product sales. Pfizer is investing heavily in the future growth of its business, which is also affecting the performance of its bottom line.

    Last year, Pfizer completed one of the biggest acquisitions in the history of the company when it bought Seagen, a company that specializes in cancer medicines. This is one very important cog in the machine of Pfizer’s overall strategy to add $25 billion in annual revenue to its balance sheet by 2030 through external business development deals.

    The company had more products approved by the U.S. Food and Drug Administration than any other last year, and it’s working toward a goal of $70 billion to $84 billion in non-COVID revenue by the year 2030. Management also noted in the 2023 earnings call that Seagen’s medicines along with other portfolio additions are expected to add a minimum of eight new products with blockbuster potential to Pfizer’s lineup by 2030.

    In the meantime, investors are benefiting from Pfizer’s lackluster share price performance, in the sense that its dividend yield has soared. That yield is about 6% at the time of this writing. Over the years, Pfizer has steadily raised its dividend, with a total growth rate of about 17% in the trailing five-year period alone.

    The company is in the midst of a transition period, and any investor who buys a slice of the company is going to feel the impact of that in its share price performance, likely for the foreseeable future. However, patience may pay off for long-term investors looking for a steady portfolio performer and passive dividend income.

    2. Teladoc

    Teladoc (NYSE: TDOC) has been heavily sold off by investors in recent months. As of the time of this article, shares are down about 43% from one year ago and 34% just from the start of 2024. I’ve been a faithful shareholder in this business for a few years now, and I can attest to the fact that it hasn’t been an easy ride. While the negative tides of investor sentiment seem to be firmly against this stock at the moment, I have maintained my position in this business, which I still think holds considerable potential for long-term investors.

    Investors seem to be stuck on a few core issues that have driven the sell-off of the business. One is the notable slowdown in growth from Teladoc’s pandemic heights. While growth has certainly moderated from pre-pandemic and early pandemic times, there’s no denying that the pandemic brought about a supercharged period of growth for the business that otherwise may have been realized over a much longer period of time.

    Following that pandemic stretch, a normalization of that trajectory was to be expected. This is a mature business that remains a global leader in the telehealth industry, a space that is still expanding steadily as the demand for quality virtual healthcare solutions continues worldwide.

    The other sticking point for investors has been its continued unprofitability. While Teladoc did record close to $14 billion worth of impairment charges in 2022, almost all of that amount was a noncash expense. Accounting losses aren’t great, but they are infinitely better than actual operational losses.

    As of the fourth quarter of 2023, Teladoc shrunk its net loss to just around $29 million, compared to the $3 billion net loss it reported in the final stretch of 2022. Moreover, adjusted earnings came in at $328 million for the full year, a 33% increase from 2022.

    It’s also worth pointing out that revenue is on the upswing, and the company is raking in cash at a healthy pace. Teladoc’s 2023 revenue totaled $2.6 billion, an 8% increase from one year ago, while full-year cash from operations came in at $350 million.

    Total visits on Teladoc’s platform were down slightly year over year, but the company ended 2023 with 89.6 million integrated care members and 1.2 million chronic care enrollees. Those cohorts represented increases of 8% and 14%, respectively, from the end of 2022.

    Investors shouldn’t expect pandemic-spurred growth numbers from this business, most likely, but that doesn’t mean its best days are behind it, either. The growth story for Teladoc isn’t over, and for forward-thinking investors, this beaten-down stock could represent an intriguing buying opportunity at its current valuation.

    Should you invest $1,000 in Pfizer right now?

    Before you buy stock in Pfizer, consider this:

    The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Pfizer wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.

    Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*.

    See the 10 stocks

    *Stock Advisor returns as of March 8, 2024

    Rachel Warren has positions in Teladoc Health. The Motley Fool has positions in and recommends Pfizer and Teladoc Health. The Motley Fool has a disclosure policy.

    Have $2,000? 2 Magnificent Stocks Ready for a Bull Run was originally published by The Motley Fool

    Source link

  • 10-day waiting period to purchase a firearm starts Monday

    10-day waiting period to purchase a firearm starts Monday

    OLYMPIA, Wash.In just two days, purchasing a firearm in Washington will look different.

    New gun laws take effect on Jan. 1, which means anyone looking to purchase a gun will have additional steps to take before getting one in their hands.

    Throughout 2023, there was pushback on both sides of the argument across Washington state. Now, businesses are preparing for the changes.

    When House Bill 1143 was first brought to the table earlier this year, it was authored by 18 state leaders. They said, at the time, it was an effort to reduce gun violence in the state.

    Fast forward to the end of 2023: those laws will be in effect in the new year.

    “We’re hoping that the state patrol is prepared and on day one when we roll this thing out, that the background checks will get processed, and the logins will work and all this stuff is going to roll like it’s supposed to,” said Wade Gaughran, the owner of Wade’s Eastside Guns.

    Gaughran said his business is ready to go. However, he has reservations about the state’s preparations.

    “I have like zero confidence that that is going to happen because it’s something new,” Gaughran said. “And so, we’ll see. We’ll see what happens. The system that’s in place was working extremely well.”

    The major changes come Jan. 1, which now says there’s a 10-day waiting period to purchase any gun, whether that’s a shotgun or pistol.

    “It processes as it’s supposed to, and ten days is actually ten days,” Gaughran said. “Ten government days is never ten government days.”

    Gaughran said it’ll be on the businesses to play middleman with customers and the new laws.

    “We’re the buffer there, right,” Gaughran said. “Nobody gets to talk to the state patrol. Nobody’s calling state patrol and asking, where is my background check? They’re calling us – where is my background check? I want to pick up my gun, the law says ten days.”

    All in all, after three decades of selling firearms, Gaughran said this is just another change in the way the evolution of the gun-selling landscape that they’ll work through.

    “It’s just another business problem,” Gaughran said. “I mean, if I wanted a simple life, I wouldn’t have sold guns. This is just a tough business. It’s always a tough business.”

    House Bill 1143 was led in part by State Representative Liz Berry and Senator Strom Peterson. Earlier this month, Rep. Berry and other state leaders were at the White House for the Legislative Convening on Gun Violence Prevention. Rep. Berry said on her social media, gun violence is one of her main focus points as it’s personal to her.

    FOX13 has reached out to more of the state leaders spearheading this bill and will update this story when we receive a response.

    Source link

  • Travis Kelce’s new business venture isn’t a touchdown with Chiefs fans

    Travis Kelce’s new business venture isn’t a touchdown with Chiefs fans

    By and large, Travis Kelce has something of the Midas touch. The Kansas City Chiefs tight end has carved out an impressive career on the National Football League (NFL) gridiron. Away from Arrowhead Stadium, he co-hosts a successful podcast, has appeared on Saturday Night Live and, thanks to Taylor Swift, is pushing further into mainstream popular culture.

    However, that doesn’t mean that everything he touches automatically turns to gold. And a relatively new business venture is an example of that reality.

    Kelce has released a line of refrigerated barbeque entrees and, as you might expect, that hasn’t gone over well with Chiefs fans who know their high-quality meats. In fact, No. 87 has been getting raked over the coals online.

    Let’s check it out.

    Travis Kelce talks to the media during a press conference on Friday in Frankfurt, Germany. The tight end’s prepackaged meals earned a cold reception from Chiefs fans.
    Alex Grimm/Getty Images

    Kelce’s Refrigerated Meals Receive a Cold Reception

    When it comes to modern Kansas City Chiefs, Kelce is one of the most popular men around. That doesn’t give him a blank check, though.

    As reported by local news station Fox4 KC, the tight end “is making his way into the barbeque industry with a new assortment of refrigerated entrees.” Those products, which are exclusively sold at Walmart under the “Travis Kelce’s Kitchen” brand, range from burnt ends with mac & cheese to sausage and meatball marinara with peppers and onions.

    Given that Kansas City is known for its barbeque, though, those are the options that caught the attention of most Chiefs fans. And, for the most part, the reactions weren’t pretty.

    “‘Walmart BBQ’…. I think you’ve already answered your own question, my friend,” Reddit user NoisePollutioner wrote Wednesday in a post on the Chiefs subreddit asking if anyone had tried the product.

    “He maybe a great TE but im not trying frozen BBQ. I dont even trust the Gordon Ramsey frozen stuff hes now selling. Kinda shocked with as many shows and restaurants he owns he would sign off on selling crappy frozen food,” u/13mizzou added.

    Elsewhere in the replies, user vVv-ThirdEye-vVv summed up much of the general sentiment, simply writing, “I love Travis, but I won’t do this.”

    There were, however, some responses that viewed things through a wider lens.

    “It’s not for us, Reddit user thegreatgiroux explained. “It’s for people to try ‘KC’ BBQ around the country. Might not be bad for them but it’s not really for KC natives lol.” For what it’s worth, that comment kicked off a discussion about misrepresenting Kansas City barbeque and KC Masterpiece sauce.

    One user, siloxanesavior, even claimed to have tried the product, albeit not out of a Walmart refrigerator. “I had his Kelce’s Kitchen BBQ straight from the buffet table at the Kelce Car Jam VIP room and it was decent but nothing that competes with local bbq staples,” they wrote. “So even before it’s frozen and packaged and sold at Walmart it’s nothing to talk about.”

    Newsweek reached out to Walmart for comment through their “Contact Media Relations” page.

    Kelce’s Branding Effort Does Make Sense

    While it’s easy to feel like Kelce’s packaged meals are a cynical attempt to cash in on his popularity, the move is rather logical. Ever since he’s been linked to Swift, the tight end’s stock has gone through the roof.

    At the tail end of September, sales of Kelce’s jersey experienced a nearly 400 percent boost, CNN reported. There was also an increase in bets placed on the tight end, and NFL broadcasts couldn’t help making a variety of Swift-related puns whenever he stepped into the spotlight.

    With that extra attention, bulking out your personal brand and selling pre-made meals seems like a savvy move. Kelce is becoming a household name; Kansas City is associated with barbeque. Combine those two, and you’ve got a recipe (pun not intended) to catch the eye of a curious consumer.

    And, given the fact that he’s underpaid by NFL standards, who could blame him for trying to make a few more bucks?