Category: 3. Business

  • Dustin Bass named 2026 Emergency Nurses Association president

    Dustin Bass named 2026 Emergency Nurses Association president

    Dustin Bass, DNP, MHA, RN, CEN, NEA-BC, vice president of ECU Health Emergency Services, has officially begun his term as the 2026 president of the Emergency Nurses Association (ENA). He steps into the role with a clear mission to strengthen the sense of community, belonging, and professional support among the association’s more than 40,000 members worldwide. With more than 15 years of clinical and leadership experience, his election marks another milestone in a career defined by service and commitment to the nurses who care for patients at their most vulnerable moments.

    Bass’s passion for emergency care began early in life. As a teenager volunteering in a hospital, he witnessed a nurse leap onto a stretcher to perform CPR – an experience that cemented his desire to pursue nursing. A first-generation college graduate, he earned his nursing diploma in 2011 and later completed his doctorate in health care leadership, systems and policy at Yale University in 2023. His career has since spanned bedside care, system-level leadership, authorship and national advocacy.

    As ENA president, Bass plans to focus on strengthening relationships across the emergency nursing profession. “Emergency nurses give so much of themselves, and they deserve an association that gives back just as powerfully,” Bass said. “2026 will be a year of belonging, community and hope—one that reflects the undeniable strength and spirit of emergency nursing.”

    Bass has been active in ENA since 2010, serving on committees and councils, leading the Nevada ENA Council, and joining the ENA Board of Directors in 2021. His presidency begins alongside a diverse and accomplished 2026 ENA Board of Directors, including both returning leaders and newly elected members. He is the author of The Leadership Dashboard and Leadership Affirmations: A Coloring Book and Journal, and he frequently presents on leadership at ENA conferences and on national media platforms. His achievements have been widely recognized, including being named to the inaugural ENA 20 Under 40 list in 2021, selection for the American Organization for Nursing Leadership’s Young Professional Voices class of 2023, and recognition in North Carolina as a Great 100 Nurse.

    His leadership philosophy – “helping people help others” – has guided his work to support nurses at the bedside and beyond. Colleagues describe Bass as someone who can navigate the complexities of a large academic health system while still rolling up his sleeves to support frontline teams.

    “I try to inspire and uplift our team to be the best they can be, so they can be the best for our patients,” he said. “I like to get my hands dirty and get the job done. It’s a large, academic medical system, but it still has a family feel to it. That’s not something you see in larger institutions. I appreciate that and can be myself.”

    As he steps into the ENA presidency, Bass brings that same dedication to the national stage to champion the emergency nurses who keep communities safe every day.

    Continue Reading

  • Governor Abbott Names Williams Chair, Appoints Lewis, Cardenas To Texas State Affordable Housing Corporation Board Of Directors | Office of the Texas Governor

    Governor Abbott Names Williams Chair, Appoints Lewis, Cardenas To Texas State Affordable Housing Corporation Board Of Directors | Office of the Texas Governor

    January 9, 2026 | Austin, Texas
    |

    Appointment

    Governor Greg Abbott named Lemuel Williams, Jr. as chair of the Texas State Affordable Housing Corporation Board of Directors and appointed David Lewis and reappointed Valerie Vargas Cardenas to the board for terms set to expire on February 1, 2031. The Board oversees the provision of affordable housing for low-income Texans.

    Lemuel Williams, Jr. of Austin is the senior director of technology alliances for Atos IT Solutions and Services, Inc. He is the vice-chair of the Board of Directors of Amplify Credit Union, where he also serves as chair of the loan committee. He previously served as an executive board member of the Future Forum of the LBJ Presidential Library and served as an appointee on the City of Austin Technology and Telecommunications Commission. Williams received a Bachelor of Arts in Geography and Information Systems from The University of Texas (UT) at Austin.

    David Lewis of Austin is the president and managing member of Montlake Capital Management, LLC. He is a past director and past president of the Chartered Financial Analysts (CFA) Society of Dallas–Fort Worth and past director and past vice president of the Seattle CFA Society. He serves as the president’s council representative to the CFA Institute for the Central and Southwest U.S. Region and advocacy chair of the CFA Societies Texas. Lewis received a Bachelor of Business Administration in Finance from UT Austin and a Master of Business Administration from Southern Methodist University.

    Valerie Vargas Cardenas of San Juan is the executive vice president of Mortgage Banking operations for Texas National Bank. She currently serves as chairman of the Planning and Zoning Commission for the City of San Juan and is a member of the Hidalgo County Prosperity Task Force Housing Committee. She is also a member of the Rio Grande Valley Builders Association and the Greater McAllen Association of REALTORS. Cardenas received a Bachelor of Business Administration in Marketing from St. Edward’s University.

    Continue Reading

  • Lane Restrictions on Interstate 81 Northbound and Southbound in Susquehanna County – Commonwealth of Pennsylvania (.gov)

    1. Lane Restrictions on Interstate 81 Northbound and Southbound in Susquehanna County  Commonwealth of Pennsylvania (.gov)
    2. Lane restrictions planned on I-80 and I-81 in Luzerne and Lackawanna Counties  fox56.com
    3. I-80 scheduled for lane restriction, bridge inspection  28/22 News
    4. PennDOT issues lane closures, restrictions on I-80, I-81  Times Leader
    5. Moving lane closures scheduled for I-81  28/22 News

    Continue Reading

  • Cell and gene therapy – from science fiction to the hospital ward

    Cell and gene therapy – from science fiction to the hospital ward

    “It is almost unbelievable what the Uppsala researchers achieved under the conditions they had. But when the study ended, the ability to continue providing treatment unfortunately disappeared,” says Stephan Mielke, professor at the Department of Laboratory Medicine at Karolinska Institutet.

    He describes how Sweden, initially at the forefront, fell behind. Major companies chose other countries for their trials. The first approved CAR-T therapy in Europe, Tisa-Cel, did not receive an NT Council recommendation for lymphoma due to uncertainties in the health-economic assessment.

    “It was a strange situation. Sweden was so early with this innovative product, but when patients in other countries received commercial CAR-T cells, Swedish patients did not. That was the situation when I was recruited in 2017,” says Mielke, who also serves as medical lead for cell therapy and allogeneic stem cell transplantation at Karolinska University Hospital.

    He worked to certify the hospital for collaboration with industry on CAR-T cells. In November 2019, the first Swedish treatment in routine care was given, and Mielke was one of the treating physicians.

    “The same day we signed the agreement with the company, we started the first treatment. It was a child who was very, very ill. I won’t go into details, but the situation has truly improved for that child,” he says.

    Good results in routine care

    Together with other researchers, he recently published a summary in Leukemia on the first hundred patients treated with CAR-T in Swedish routine care. All had blood cancers involving diseased B cells and were severely ill; for many, all other options were exhausted.

    Adults treated between 2019 and 2024 had a 67 percent probability of being alive two years post-treatment, a result that according to the authors are better than observed in other European countries. Most who died during the period died from their cancer; some died in connection with treatment.

    CAR-T cells are extraordinarily potent–in both efficacy and potential side effects, Stephan Mielke explains.

    “You only grasp the magnitude when you see it,” he says.

    CAR-T cells are manipulated T cells, normally part of the immune system. They are collected from the patient’s blood and modified in the lab, where they are given a new receptor which replaces the one they normally use to recognise threats in the bloodstream. 

    This receptor includes an antibody component that draws them like magnets to specific cells, which they then destroy.

    “It happens at breakneck speed–the immune reaction is powerful. If there are many cancer cells, we can see a reaction similar to some COVID patients–cytokine storms, where the immune response is so strong that the body is harmed,” says Mielke.

    Healthcare has become progressively better at managing such side effects, but they may still require hospital care. CAR-T is a rapidly advancing modality–the most widely used ATMP. Five CAR-T medicines are now recommended by NT Council for routine use in Sweden, for various forms of lymphoma, leukaemia and myeloma, all B-cell diseases.

    It is no coincidence that early CAR-T therapies target B cells: people can live without B cells. If CAR-T cells become overzealous and kill both diseased and healthy cells, patients with B-cell disease may still do well.

    Tested against autoimmune diseases

    Initial efforts to broaden CAR-T have targeted other B-cell–driven diseases, including autoimmune conditions such as several rheumatic diseases and multiple sclerosis.

    Smaller studies have already shown that patients with severe SLE or myositis–potentially fatal rheumatic conditions–have appeared healthy after CAR-T and were able to stop their rheumatology drugs. Others with severe systemic sclerosis saw marked symptom improvement but still needed medication, as described in a 2024 study with 15 months of follow-up.

    Mielke foresees CAR-T taking a larger role in care. A next step is in vivo manufacturing–producing CAR-T inside the body rather than in the lab. Another avenue involves allogeneic T cells from healthy donors, potentially enabling off-the-shelf cell products.

    Intense research is also underway to make CAR-T effective against solid tumours, not just B-cell diseases. The challenge is identifying targets truly specific to tumours, clearly distinguishing diseased from healthy cells.

    According to Mielke, it is only a matter of time before this is solved.

    “We will make progress. There are so many researchers invested in this,” he says.

    In short: CAR-T treatments are expected to grow in number, cover more diseases, and become more sophisticated.

    A similar trajectory is underway in gene therapy. Many monogenic diseases are in the focus of researchers, while attention also turns to more complex conditions involving multiple genes and proteins–the field’s momentum is high.

    “We are only at the beginning of this journey. I think all healthcare in future will have an ATMP element–from eyes, ears and teeth to reproduction, ageing and memory, and everything in between. We can’t yet imagine it,” says Mielke.

    High price tag but great potential benefits

    The price tag is equally hard to imagine. New gene therapies, often given once, are extraordinarily expensive, taking turns at being called “the world’s most expensive drug.” Right now haemophilia therapy Hemgenix is described as the most expensive, recently it was Libmeldy for MLD, and before that Zolgensma for SMA. In Sweden, the price for a single dose is around or above 30 million kronor.

    That can alarm any regional policymaker. Even if each patient group is tiny, together they add up–especially as more medicines reach the market.

    Health-economic evaluations for ATMPs are hard for several reasons. How should the cost of a single expensive one-off dose be weighed against savings over time when other treatments are no longer needed? Annual budgets are a poor fit. It is also difficult to judge how durable cures really are when long-term studies are lacking.

    These issues remain unresolved. Proposed solutions include instalment-like payment models, where regions pay over a longer period, and outcomes-based agreements, where companies are paid only if a certain effect is achieved.

    “Making these medicines available to patients is the greatest challenge,” says Mielke.

    Continue Reading

  • Texas Labor Force Surpasses 15.9 million as Nonfarm Job Count Increases

    Texas Labor Force Surpasses 15.9 million as Nonfarm Job Count Increases

    AUSTIN ⎯ Texas added 7,300 nonfarm jobs in November to reach a total of 14,321,000 positions. Over the year, the state added 146,300 jobs for an annual nonfarm growth rate of 1.0 percent, outpacing the national growth rate by 0.4 percentage points.

    Texas’ civilian labor force registered at 15,938,500 after adding 59,500 people since September 2025 and reaching a new record high level for the series. Over the year, Texas’ civilian labor force has added 206,800 people.

    The seasonally adjusted unemployment rate in Texas registered at 4.2 percent.

    “As Texas employers add thousands of jobs, TWC programs can help them grow, develop, and retain a skilled workforce,” said TWC Chairman Joe Esparza. “Initiatives like Skills for Small Business and the Skills Development Fund are training Texans for in-demand jobs that will cement Texas’ reputation as the best state in the nation for doing business.”

    The Private Education and Health Services industry had the largest private sector over-the-month increase in November after adding 5,700 jobs. Professional and Business Services added 3,900 jobs over the month while Manufacturing added 2,300. In addition, the Construction industry posted an annual growth rate of 2.8 percent in November, which was the highest of any major industry.

    “Texas’ increasing job numbers are encouraging, and it’s vital that these are good jobs that provide family-sustaining wages and benefits for Texas workers. We must continue to prioritize investments in skills training and development to ensure that all Texans can access these opportunities and share in the state’s prosperity,” said TWC Commissioner Representing Labor Alberto Treviño III. “As we celebrate this growth, let’s also remain committed to fair labor practices and worker protections to ensure a thriving workforce for years to come.”

    The Amarillo metropolitan statistical area (MSA) had the lowest unemployment rate with a not seasonally adjusted rate of 3.1 percent in November, followed by the Midland MSA at 3.2 percent. The College Station-Bryan and San Angelo MSAs both registered at 3.3 percent.

    “Texas’ job growth in November not only highlights the benefits of our diverse and growing economy but also underscores the importance of making sure Texans can thrive in their communities,” said TWC Commissioner Representing the Public Brent Connett. “TWC and our statewide network of local partners are able to continue strengthening the Texas economy and the foundations of our communities.”

    Employment estimates released by TWC are produced in cooperation with the U.S. Department of Labor’s Bureau of Labor Statistics. *All estimates are subject to revision. To access this and more employment data, visit https://TexasLMI.com.

    Civilian Labor Force Estimates for Texas Metropolitan Statistical Areas Not Seasonally Adjusted (In Thousands)

      November 2025 October 2025 November 2024
    C.L.F. Emp. Unemp. Rate C.L.F. Emp. Unemp. Rate C.L.F. Emp. Unemp. Rate
    United States 171,467.0 164,066.0 7,401.0 4.3 #N/A #N/A #N/A #N/A 168,164.0 161,456.0 6,708.0 4.0
    Texas 16,038.7 15,361.9 676.7 4.2 #N/A #N/A #N/A #N/A 15,758.9 15,115.3 643.6 4.1
    Abilene 89.1 85.9 3.1 3.5 #N/A #N/A #N/A #N/A 87.6 84.6 3.0 3.4
    Amarillo 142.3 137.8 4.5 3.1 #N/A #N/A #N/A #N/A 139.4 135.1 4.3 3.1
    Austin-Round Rock-San Marcos 1,544.2 1,489.5 54.7 3.5 #N/A #N/A #N/A #N/A 1,519.0 1,465.5 53.5 3.5
    Beaumont-Port Arthur 188.2 178.1 10.1 5.4 #N/A #N/A #N/A #N/A 185.3 175.5 9.8 5.3
    Brownsville-Harlingen 200.1 186.9 13.1 6.6 #N/A #N/A #N/A #N/A 191.7 181.9 9.8 5.1
    College Station-Bryan 160.7 155.4 5.4 3.3 #N/A #N/A #N/A #N/A 156.2 150.9 5.2 3.3
    Corpus Christi 215.6 205.6 10.0 4.6 #N/A #N/A #N/A #N/A 211.2 202.2 9.0 4.3
    Dallas-Fort Worth-Arlington 4,592.7 4,410.4 182.3 4.0 #N/A #N/A #N/A #N/A 4,533.1 4,357.1 176.1 3.9
    Dallas-Plano-Irving MD 3,123.0 2,997.8 125.2 4.0 #N/A #N/A #N/A #N/A 3,087.2 2,966.7 120.5 3.9
    Fort Worth-Arlington-Grapevine MD 1,469.7 1,412.6 57.1 3.9 #N/A #N/A #N/A #N/A 1,445.9 1,390.3 55.6 3.8
    Eagle Pass 25.1 23.0 2.1 8.3 #N/A #N/A #N/A #N/A 24.2 22.4 1.7 7.1
    El Paso 425.2 406.2 19.0 4.5 #N/A #N/A #N/A #N/A 419.3 401.7 17.5 4.2
    Houston-Pasadena-The Woodlands 3,929.4 3,751.6 177.8 4.5 #N/A #N/A #N/A #N/A 3,870.7 3,701.4 169.3 4.4
    Killeen-Temple 205.9 195.9 9.9 4.8 #N/A #N/A #N/A #N/A 203.0 193.7 9.2 4.5
    Laredo 123.1 117.8 5.3 4.3 #N/A #N/A #N/A #N/A 120.2 115.3 4.9 4.1
    Longview 131.4 125.4 6.0 4.6 #N/A #N/A #N/A #N/A 129.6 123.2 6.4 5.0
    Lubbock 188.9 182.3 6.5 3.5 #N/A #N/A #N/A #N/A 186.1 179.6 6.5 3.5
    McAllen-Edinburg-Mission 412.2 386.4 25.8 6.3 #N/A #N/A #N/A #N/A 398.5 375.2 23.2 5.8
    Midland 106.6 103.2 3.4 3.2 #N/A #N/A #N/A #N/A 104.7 101.5 3.2 3.0
    Odessa 89.5 86.1 3.4 3.8 #N/A #N/A #N/A #N/A 87.1 84.0 3.1 3.6
    San Angelo 64.2 62.1 2.1 3.3 #N/A #N/A #N/A #N/A 62.8 60.7 2.1 3.4
    San Antonio-New Braunfels 1,381.0 1,325.8 55.2 4.0 #N/A #N/A #N/A #N/A 1,354.1 1,302.2 52.0 3.8
    Sherman-Denison 73.5 70.6 3.0 4.0 #N/A #N/A #N/A #N/A 72.1 69.3 2.8 3.8
    Texarkana 63.5 60.8 2.8 4.4 #N/A #N/A #N/A #N/A 62.3 59.8 2.5 4.0
    Tyler 121.9 117.1 4.9 4.0 #N/A #N/A #N/A #N/A 119.5 114.8 4.6 3.9
    Victoria 46.4 44.4 2.0 4.3 #N/A #N/A #N/A #N/A 45.5 43.6 1.9 4.1
    Waco 150.9 144.8 6.2 4.1 #N/A #N/A #N/A #N/A 148.5 142.8 5.7 3.8
    Wichita Falls 67.8 65.1 2.6 3.9 #N/A #N/A #N/A #N/A 67.1 64.5 2.6 3.8

    Texas Nonagricultural Wage and Salary Employment Seasonally Adjusted

    INDUSTRY TITLE Nov 2025* Oct 2025 Nov 2024 Oct ’25 to Nov ’25 Nov ’24 to Nov ’25
    Absolute Change Percent Change Absolute Change Percent Change
    Total Nonagricultural 14,321,000 14,313,700 14,174,700 7,300 0.1 146,300 1.0
    Total Private 12,175,200 12,167,300 12,048,900 7,900 0.1 126,300 1.0
    Goods Producing 2,071,000 2,069,600 2,050,000 1,400 0.1 21,000 1.0
    Mining and Logging 218,500 220,300 217,200 -1,800 -0.8 1,300 0.6
    Construction 883,100 882,200 859,100 900 0.1 24,000 2.8
    Manufacturing 969,400 967,100 973,700 2,300 0.2 -4,300 -0.4
    Service Providing 12,250,000 12,244,100 12,124,700 5,900 0.0 125,300 1.0
    Trade, Transportation, and Utilities 2,808,700 2,811,200 2,771,700 -2,500 -0.1 37,000 1.3
    Information 224,600 225,000 228,400 -400 -0.2 -3,800 -1.7
    Financial Activities 938,200 937,600 935,100 600 0.1 3,100 0.3
    Professional and Business Services 2,115,000 2,111,100 2,119,000 3,900 0.2 -4,000 -0.2
    Private Education and Health Services 1,985,000 1,979,300 1,941,400 5,700 0.3 43,600 2.2
    Leisure and Hospitality 1,537,300 1,537,900 1,512,800 -600 0.0 24,500 1.6
    Other Services 495,400 495,600 490,500 -200 0.0 4,900 1.0
    Government 2,145,800 2,146,400 2,125,800 -600 0.0 20,000 0.9

    ###saf

    Texas Workforce Commission is a state agency dedicated to helping Texas employers, workers, families, and communities prosper economically. For details on TWC and its services in coordination with its network of local workforce development boards, call 800-628-5115 or visit https://twc.texas.gov/. Subscribe to email updates to receive notifications about TWC programs and services.

    Continue Reading

  • Gold set for weekly gain on US payrolls miss, broader uncertainty – Reuters

    1. Gold set for weekly gain on US payrolls miss, broader uncertainty  Reuters
    2. Gold prices may move lower next week. Here’s why  Investing.com
    3. Gold falls as commodity index adjustments weigh ahead of US jobs data  Business Recorder
    4. Current price of gold as of January 7, 2026  Fortune
    5. Gold remains on the defensive as traders look to US NFP report for Fed rate cut cues  FXStreet

    Continue Reading

  • Secretary Chavez-DeRemer statement on December jobs report – U.S. Department of Labor (.gov)

    1. Secretary Chavez-DeRemer statement on December jobs report  U.S. Department of Labor (.gov)
    2. US job creation in 2025 slows to weakest since Covid  BBC
    3. U.S. payrolls rose 50,000 in December, less than expected; unemployment rate falls to 4.4%  CNBC
    4. US Nonfarm Payrolls fall short of expectations, signaling potential economic slowdown  Investing.com India
    5. December Caps Weak Year for Hiring  The Wall Street Journal

    Continue Reading

  • Sluggish hiring closes out a frustrating year for job seekers

    Sluggish hiring closes out a frustrating year for job seekers

    WASHINGTON (AP) — Sluggish hiring last month closed out a year of weak employment gains that have frustrated job seekers even as layoffs and unemployment have also been low.

    Employers added just 50,000 jobs in December, nearly unchanged from a downwardly revised figure of 56,000 in November, the Labor Department said Friday. The unemployment rate slipped to 4.4%, its first decline since June, from 4.5% in November, a figure also revised lower.

    READ MORE: U.S. applications for unemployment benefits fell below 200,000 last week with layoffs historically low

    The data suggests that businesses are reluctant to add workers even as economic growth has picked up. Many firms hired aggressively after the pandemic and no longer need to fill more jobs. Others have held back due to widespread uncertainty caused by President Donald Trump’s shifting tariff policies, elevated inflation, and the spread of artificial intelligence, which could alter or even replace some jobs.

    Nearly all the jobs added in December were in the health care and restaurant and hotel industries. Manufacturing, construction and retail companies all shed jobs.

    The jobs data are being closely watched on Wall Street and in Washington because they are the first clean readings on the labor market in three months. The government didn’t issue a report in October because of the six-week government shutdown, and November’s data was distorted by the closure, which lasted until Nov. 12.

    READ MORE: If you have a money resolution for 2026, start here, experts say

    Still, December’s report caps a year of sluggish hiring, particularly after “liberation day” in April when President Donald Trump imposed sweeping tariffs on dozens of countries, though many were later delayed or softened. The economy generated an average of 111,000 jobs a month in the first three months of 2025. But that pace dropped to just 11,000 in the three months ended in August, before rebounding slightly to 22,000 in November.

    Subdued hiring underscores a key conundrum surrounding the economy as it enters 2026: Growth has picked up to healthy levels, yet hiring has weakened noticeably and the unemployment rate has increased in the last four jobs reports.

    Last year, the economy gained just 584,000 jobs, sharply lower than that more than 2 million added in 2024. It’s the smallest annual gain since the COVID-19 pandemic decimated the job market in 2020.

    WATCH: Why it’s getting harder to find a new car under $25,000

    Most economists expect hiring will accelerate this year as growth remains solid, and President Donald Trump’s tax cut legislation is expected to produce large tax refunds this spring. Yet they acknowledge there are other possibilities: Weak job gains could drag down future growth. Or the economy could keep expanding at a healthy clip, while automation and the spread of artificial intelligence reduces the need for more jobs.

    Even the weak 2025 figures are likely to be revised lower in February, when the government completes an annual benchmarking of the jobs figures to an actual count of jobs derived from companies’ unemployment insurance filings. A preliminary estimate of that revision showed it could reduce total jobs as of March 2025 by 911,000.

    And last month, Federal Reserve Chair Jerome Powell said that the government could still be overstating job gains by about 60,000 a month because of shortcomings in how it accounts for new companies as well as those that have gone out of business. The Labor Department is expected to update those methods in its report next month.

    With hiring so weak, the Federal Reserve cut its key short-term interest rate three times late last year, in an effort to boost borrowing, spending, and hiring. Yet Powell signaled that the central bank may keep its rate unchanged in the coming months as it evaluates how the economy evolves.

    Even with such sluggish job gains, the economy has continued to expand, with growth reaching a 4.3% annual rate in last year’s July-September quarter, the best in two years. Strong consumer spending helped drive the gain. The Federal Reserve Bank of Atlanta forecasts that growth could slow to a still-solid 2.7% in the final three months of last year.

    At the same time, inflation remains elevated, eroding the value of Americans’ paychecks. Consumer prices rose 2.7% in November compared with a year ago, little changed from the beginning of the year and above the Fed’s 2% target.

    A free press is a cornerstone of a healthy democracy.

    Support trusted journalism and civil dialogue.


    Continue Reading

  • Telefónica stands as a global leader in climate management according to the CDP ranking

    Telefónica stands as a global leader in climate management according to the CDP ranking

    Telefónica has been recognised for the twelfth consecutive year as a global leader for its action against climate change by being included in the “A List” compiled by CDP, a non-profit organisation whose report is the only independent environmental disclosure report in the world and server as benchmark for analysts and investors in this field.

    CDP positively recognises Telefónica’s commitment to decarbonisation by aligning its business model with the most ambitious scientific climate recommendations. The multinational aims to achieve net zero emissions by 2040, committing to a 90% reduction and neutralising the remaining emissions.

    To achieve this, by the end of 2024, Telefónica has reduced all its emissions, including those from the value chain, by 52% and its operational emissions (scope 1 and 2) by 85% globally.

    CDP has assessed 22,100 companies worldwide, of which only 877 have made it onto the “A List”, representing just 4%. The 2025 ranking helps in the decision-making of nearly 700 investors managing more than $127 trillion in assets.

    “This recognition reflects Telefónica’s solid efforts to strengthen our climate change resilience and contribute to the decarbonisation of the economy by supporting our customers and suppliers. Our goals are not only compatible with network expansion and service quality, but also help us to be more competitive and generate new business opportunities. Endeavours in the climate transition must be ambitious, because the green transformation is not a final destination, but a continuous path of innovation and collaboration”, explains Maya Ormazabal, Chief Sustainability Officer at Telefónica.

    Climate Action Plan

    Telefónica aligns its business model with the most ambitious scientific climate recommendations. In it, the company quantifies GHG emissions, shows targets validated by Science Based Targets (SBTi) and defines specific actions to achieve them, both for the company’s activities and for customers and suppliers, anticipating the various regulatory requirements.

    In its climate transition model, whose roadmap is described in the Climate Action Plan, Telefónica develops its decarbonisation levers through the transformation of networks by implementing state-of-the-art ones; energy efficiency with an 8% reduction in consumption despite the increase in data traffic on its networks; 100% use of renewable energy in its main markets; collaboration initiatives with its main suppliers, contributing to the decarbonisation of its customers through Eco Smart solutions, verified by an independent third party; as well as low-carbon purchases; and the neutralisation of emissions.

    Continue Reading

  • Silverstone promotes Hayley Smith to Head of Business Development as venue accelerates next phase of growth

    Silverstone promotes Hayley Smith to Head of Business Development as venue accelerates next phase of growth

    Silverstone’s transformation from iconic motorsport circuit to a year-round experiential destination continues to gather pace, supported by strategic promotions within its commercial leadership. Newly promoted Head of Business Development Hayley Smith and Head of Venue Sales for MICE & Track Nicola Black share how the venue is evolving, the trends reshaping corporate events, and what makes Silverstone such a standout proposition for brands seeking unforgettable experiences.

     

    Transformation of Silverstone

    Over the past five years, Silverstone has significantly diversified its audience and offering. Smith explains that the venue has moved far beyond its traditional motorsport demographic, fuelled by major investment in The Wing Conference and Exhibition Centre, the addition of more than 300 bedrooms with the Hilton Garden Inn, and a long-term extension of the Formula 1 contract. “With F1’s broader appeal and the growth of our facilities, we’re now attracting new sectors such as retail, beauty and fintech,” she says. The return of in-house hospitality operations and the arrival of high-end trackside accommodation, Escapade Silverstone, have further opened the door to international incentives and premium corporate markets. “As demand for new experiences grows, building a focused Business Development team is essential. I’m excited to lead that growth.”

    Black believes Silverstone now occupies a category of its own within the UK events landscape. “No other venue offers this combination of heritage, access and world-class facilities. From flexible indoor and outdoor spaces to multiple on-site hotels, a 5km circuit, a world-class karting track (opening in 2026), drive experiences and the Silverstone Museum – the ways in which clients can use our spaces are endless.”

     

    A New Era of Corporate Client

    The surge of cultural interest in Formula 1 has also helped redefine Silverstone’s corporate proposition. “When I started six years ago, we were mainly selling traditional conference space,” Smith explains. “But with Netflix’s Drive to Survive and Apple’s F1 movie, clients now want immersive, behind-the-scenes experiences that tap into the world of high performance.” Black adds that the appetite for incentives and memorable team rewards is stronger than ever. “Whether it’s exclusive access to the British Grand Prix or a corporate retreat at Escapade, organisations are seeking more than meeting rooms – they want experiences that inspire, reward and connect people.”

    That desire for creativity is also shaping broader industry trends. F1’s collaborations with global brands such as Charlotte Tilbury, Kit Kat and LVMH are drawing new audiences who want to use the circuit in innovative ways. “Some of our most exciting enquiries come from clients who push us beyond our comfort zone,” Smith says. “A fashion show on track? Watch this space, I’m working on it.”

     

    Fuelled by Excellence 

    Behind the scenes, the team’s client service philosophy remains centred on collaboration. “Our approach is simple: be bold, be creative and be exceptional,” says Black. “Every enquiry is treated as bespoke, and our close partnership with delivery and catering teams ensures we execute every event seamlessly.”

     

    What the Future Holds

    Looking ahead, both leaders see Silverstone continuing its evolution as a 365-day destination. Smith’s focus is on expanding into new sectors, while Black is championing an internal digital transformation designed to match clients with the right opportunities, whether sponsorship, incentives, event space or hospitality, more intelligently and efficiently. “That will be game-changing,” she says.

    Asked to sum up Silverstone’s corporate experience in three words, the pair answer in unison: “Immersive, memorable and personable.

     


     

    Chat to us

    For more information on hosting your next corporate event or incentive programme at Silverstone, contact the sales team.

    Get in touch

    Continue Reading