Category: 3. Business

  • Fueling the Future: Alumni Association Awards $27,500 to High School Robotics Teams

    Fueling the Future: Alumni Association Awards $27,500 to High School Robotics Teams

    The Kettering University/GMI Alumni Association (KGMIAA) is backing the next generation of problem-solvers, announcing this week that it has awarded $27,500 in sponsorships to 55 high school robotics teams (FRC, FTC, and VEX). Teams applied from 16 different states.

    This effort is part of a larger commitment by Kettering University to support robotics talent nationwide, both on and off campus. From hosting pre-college camps and national competitions to awarding scholarships, Kettering is a recognized hub for students who begin their STEM journeys through robotics.

    The initiative represents a strategic effort by the KGMIAA to directly support the University’s recruitment efforts. The sponsorships are funded through proceeds from the annual Major Sobey Golf Outing and the generous contributions of alumni and donors to the Boost Robotics Campaign.

    These 55 teams are part of a broader national robotics ecosystem that includes thousands of FIRST, FTC, and VEX teams competing this season, many of whom will engage with Kettering through events, camps, and campus visits.

    “We were truly impressed by the high quality of all applications this year,” said Mike Dubeck ’88, Chair of the KGMIAA Board Recruitment Committee.

    This year, applicants had the option to submit a video instead of a traditional essay. According to the committee, this gave teams a chance to showcase their engineering mindset, team dynamics, and creative energy in a more personal and compelling way.

    “It is inspiring to see the caliber of talent and dedication in these high school students,” Dubeck said. “By supporting these teams, we are not just funding robots; we are investing in future engineers and leaders who we hope will one day call Kettering University home.”

    The sponsored teams noted that the funds would be critical for competition success, with many planning to utilize the money for various needs, including paying for registration fees, covering travel expenses, and purchasing essential parts and equipment for their robots.

    A Network of Mentors

    Beyond the financial support, the campaign highlights the deep personal involvement of the University’s alumni network in STEM education. The committee reported that 112 Kettering/GMI alumni are currently actively involved with these high school teams, serving as mentors, coaches, and technical and programming advisors.

    “The alumni engagement we’ve seen through robotics is phenomenal,” said Eric Szczepanski, Director of Alumni Engagement at Kettering University. “To learn that over 100 of our alumni are out there right now, volunteering their time to mentor these students, speaks volumes about the Kettering spirit.”

    Szczepanski noted that this level of involvement serves as a powerful reminder that Kettering graduates are more than engineers. They’re mentors, leaders, and community builders.

    The KGMIAA and Kettering University wish all sponsored teams the best of luck in their upcoming competitions.

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  • Whether The Weather: Natural Gas Strength to Persist – Ahead of the Curve – TD Securities

    Whether The Weather: Natural Gas Strength to Persist – Ahead of the Curve – TD Securities

    1. Whether The Weather: Natural Gas Strength to Persist – Ahead of the Curve  TD Securities
    2. Natural Gas Price Outlook – Natural Gas Continues to See Pressures  FXEmpire
    3. Natural Gas Prices Slid As Warmer Forecasts Cut Heating Demand  Finimize
    4. Natural gas price faces the moving average 55– Forecast today – 6-1-2026  Economies.com
    5. EQT stock slides as natural gas prices slump — EIA storage report is the next test  ts2.tech

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  • Fannie Mae Connecticut Avenue Securities Receive NAIC Designations for the 2025 Filing Year

    Fannie Mae Connecticut Avenue Securities Receive NAIC Designations for the 2025 Filing Year

    Fannie Mae’s Connecticut Avenue Securities® (CAS) direct debt transactions and CAS REMIC® transactions received designations from the National Association of Insurance Commissioners (NAIC) for the 2025 filing year. Overall, of the 97 CAS Offered Notes that were reviewed, 97% achieved an NAIC 1 Designation and 3% received an NAIC 2 Designation. Seventeen bonds received an upgrade from the 2024 Designations.

    The NAIC Designations are available here and are also posted on our website.

    For questions, please contact the Fannie Mae Investor Help Line at 1-800-232-6643, Option 3 or by e-mail.

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  • Resident input wanted for Heritage Designation Strategy in Kawartha Lakes

    The City of Kawartha Lakes is developing a new heritage designation strategy to help guide its protection of built heritage assets across the municipality.

    Kawartha Lakes, and its predecessor municipalities, have protected properties through heritage designation under the Ontario Heritage Act since the Act was passed in 1975. There are over 120 individually designated heritage properties in the municipality, which represent just a small number of the important historic structures and locations. These buildings and places help tell our story, are points of pride for residents, and attract visitors to the region.

    Over the past five years, the provincial government has made a significant number of changes to how we protect heritage properties and has recommended that municipalities complete strategies for how they designate properties. Kawartha Lakes is currently in the process of creating a strategy to help guide how we identify and protect the properties that are important to our residents, while also fulfilling our legislative obligations.

    We are looking for resident input on this strategy and there are three ways to get involved:

    • Visit our Jump In page to learn more about the project, keep up to date on milestones, and complete our public survey.
    • Complete a paper survey at one of our municipal service centres or at our Development Service Hub at 180 Kent Street West in Lindsay.
    • Attend one of our public information sessions to learn more about the project from staff and to provide your input.
      • January 21, 2026 at the Fenelon Falls Library (19 Market Street), 4pm to 6pm
      • January 22, 2026 at Lindsay City Hall (26 Francis Street), 6pm to 8pm

    The public survey closes on January 29, 2026.

    For further information on the new Heritage Designation Strategy, please visit the Kawartha Lakes website or contact Emily Turner, Economic Development Officer – Heritage Planning. To stay up to date on Economic Development news, visit the Facebook page.

    – 30 –

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  • US Department of Labor announces availability of $145M in funding to support performance-based Registered Apprenticeship expansion – U.S. Department of Labor (.gov)

    1. US Department of Labor announces availability of $145M in funding to support performance-based Registered Apprenticeship expansion  U.S. Department of Labor (.gov)
    2. DOL Offers $98 Million to Expand Youth Pre-Apprenticeship Programs  ohsonline.com
    3. U.S. Labor Department opens $98m fund for youth pre-apprenticeships with AI literacy requirement  EdTech Innovation Hub
    4. U.S. Labor Department Announces $98M YouthBuild Funding for Workforce Training  Construction Owners Club
    5. U.S. Labor Department Launches $35.8M Manufacturing Apprenticeship Fund  Thomasnet

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  • Tax revenues robust in 2025 and sustained investment in public services and infrastructure – Tánaiste Simon Harris & Minister Jack Chambers

    • Tax revenues in 2025 amounted to €105.7 billion, up by €8.6 billion (8.9 per cent), on 2024.
    • Of this:
      • Income tax receipts amounted to €36.6 billion, up by €1.5 billion (4.3 per cent);
      • Corporation tax receipts of €32.9 billion are up by €4.8 billion (17.2 per cent);
      • VAT receipts of €22.9 billion were €1.1 billion (5.1 per cent) higher.
    • Total gross voted expenditure amounted to €109.4 billion, €5.7 billion (5.5 per cent) ahead of 2024 and €0.6 billion (0.5 per cent) behind profile.
    • An (underlying) Exchequer surplus of €3.8 billion was recorded last year.

    An underlying Exchequer surplus of €3.8 billion was recorded last year.

    On the revenue side total underlying tax receipts amounted to €105.7 billion in 2025, an €8.6 billion (8.9 per cent) increase on 2024.

    In terms of direct taxes income tax receipts of €36.6 billion are up on the previous year by €1.5 billion (4.3 per cent) reflecting the strength of labour market. Corporation tax receipts amounted to €32.9 billion last year, €4.8 billion (17.2 per cent) ahead of 2024.

    In terms of indirect taxes, VAT receipts for the year amounted to €22.9 billion, €1.1 billion (5.1 per cent) higher than 2024, demonstrating the resilience in consumption. Excise receipts were €6.5 billion, up by €0.2 billion (3.0 per cent).

    Non-tax revenue in 2025 was €3.5 billion, up by €1.9 billion on 2024, largely driven by transfers to the Exchequer arising from the CJEU judgement (mainly interest payments).

    Total gross voted expenditure amounted to €109.4 billion, €5.7 billion (5.5 per cent) ahead of 2024 and €0.6 billion (0.5 per cent) behind profile.

    In terms of the bottom line, an underlying Exchequer surplus of €3.8 billion was recorded in the year, an improvement of €2.0 billion on the previous year (the headline surplus was €7.1 billion).

    Tánaiste and Minister for Finance, Simon Harris T.D. said:

    The Minister for Public Expenditure, Infrastructure, Public Service Reform and Digitalisation, Jack Chambers T.D. said:

    ENDS

    Notes to editors:

    Unless stated, all figures in this press release exclude the impact of the Court of Justice of the European Union (CJEU) ruling of September last year.

    In 2025 €3.3 billion was received (€1.7 billion in corporation tax receipts and €1.6 billion in non-tax revenues) in the first half of the year.

    Fiscal Monitor December 2025

    Analytical Exchequer Statement December 2025

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  • New York Stock Exchange Partners with America250 to Mark America’s 250th Anniversary

    WASHINGTON, D.C. (January 5, 2026) — America250, the nonpartisan organization charged by Congress to lead the commemoration of the signing of the Declaration of Independence, today announced a partnership with the New York Stock Exchange (NYSE) to support nationwide programs and initiatives that reflect on America’s economic history, civic values, and future aspirations ahead of the nation’s 250th anniversary on July 4, 2026.

    For more than two centuries, the New York Stock Exchange — the world’s largest stock exchange — has grown up alongside our nation, with our markets and country evolving together since George Washington was sworn in as our first President at Federal Hall on Wall Street, the site of America’s first capital.

    As the nation stands on the cusp of its 250th anniversary, this partnership will highlight the role of entrepreneurship, free markets, and innovation in shaping the American story — while inspiring future generations to participate in the nation’s economic and civic life.

    “America250 is honored to partner with the New York Stock Exchange, an institution that reflects the dynamism and enduring strength of the American economy,” said Rosie Rios, Chair of America250. “This partnership will help us tell a more complete story of our nation — one that recognizes how economic participation and innovation have empowered generations of Americans and will continue to shape the next 250 years.”

    As part of the collaboration, NYSE will support America250 initiatives that elevate financial literacy, spotlight American companies and workers, and connect historical reflection with forward-looking conversations about economic opportunity.

    “For nearly two and a half centuries, the New York Stock Exchange has played a central role in America’s growth, prosperity and evolution,” said Lynn Martin, President, NYSE Group. “As we approach this historic milestone, we are proud to partner with America250 to celebrate the principles that have powered the world’s most dynamic economy — opportunity, resilience and a commitment to innovation — and continue to define our nation.”

    The partnership will culminate in NYSE’s participation in major America250 milestones and events throughout 2026, offering Americans meaningful opportunities to reflect on the nation’s past and envision its future.

    About America250 America250’s mission is to celebrate and commemorate the 250th anniversary of the signing of the Declaration of Independence, marking America’s Semiquincentennial. We aim to inspire our fellow Americans to reflect on our past, strengthen our love of country, and renew our commitment to the ideals of democracy through programs that educate, engage, and unite us as a nation. America250 will foster shared experiences that spark imagination, showcase the rich tapestry of our American stories, inspire service in our communities, honor the enduring strength, and celebrate the resilience of the United States of America.

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  • Kensington Palace declines to comment as Princess Kate caught in AI scandal

    Kensington Palace declines to comment as Princess Kate caught in AI scandal

    Prince William and Princess Kate’s office refuses to comment on the latest scandal

    Prince William and Princess Kate’s office is keeping mum about a new AI scandal.

    According to reports, images falsely depicting the Princess of Wales in minimal clothing were generated using Grok, an artificial intelligence chatbot connected to Elon Musk’s social media platform X, prompting regulatory scrutiny in the UK.

    The controversy erupted after users discovered the AI tool could be prompted to manipulate real, publicly available photographs to produce realistic-looking images of women appearing undressed or placed in sexualised scenarios. Catherine is reportedly among thousands of women and children affected, intensifying concerns about the growing misuse of artificial intelligence.

    UK media regulator Ofcom has since confirmed it is assessing whether the platform is complying with online safety laws. An Ofcom spokesperson said the watchdog had made “urgent contact” with X and its AI arm, xAI. 

    “Tackling illegal online harm and protecting children remain urgent priorities for Ofcom,” the spokesperson said. “We are aware of serious concerns raised about a feature on Grok on X that produces undressed images of people and sexualised images of children.”

    “Based on their response, we will undertake a swift assessment to determine whether there are potential compliance issues that warrant investigation,” the statement added.

    Kensington Palace declined to comment when approached, per Express UK


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  • EY renews lease on London headquarters | EY

    EY renews lease on London headquarters | EY

    EY has renewed the lease of its One More London Place headquarters until 2040, marking the firm’s continued investment in London as a place to do business.

    One More London Place (1MLP) is the UK and Global headquarters of EY and home to more than 8,000 people. The lease on the building was due to expire in 2028 and has been renewed due to its unique proposition, with a prime location and excellent transport links.

    EY has 20 offices across the UK, with a second London-based office in 25 Churchill Place in Canary Wharf, where its UK Financial Services business is predominantly based.

    Anna Anthony, EY UK & Ireland Regional Managing Partner, said: “Extending the lease on this iconic building marks our continued investment in London and confidence in the capital as a place to do business. We are retaining a fantastic building, in a prime location, which will continue to provide a great place to work for our people.” 

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  • Delta CIO Rahul Samant to retire after leading technology transformation

    Delta CIO Rahul Samant to retire after leading technology transformation

    Amala Duggirala will join Delta as Chief Digital & Technology Officer, taking responsibility for a combined technology and digital function.

    Delta CEO Ed Bastian sent the following memo to employees, announcing the retirement of Rahul Samant, E.V.P. and Chief Information Officer, after 10 years of service. He also announced Amala Duggirala will join the airline as its new Chief Digital & Technology Officer.

    Rahul Samant retirement

    After a decade leading our technology transformation as E.V.P. and Chief Information Officer, Rahul Samant informed me a few months ago of his plans to retire from Delta, effective March 1.

    During his years of service, Rahul focused on delivering secure and reliable IT services across the company, fostering a culture of innovation, and developing the next generation of technology leaders. He has overseen significant improvements in the reliability and resiliency of Delta’s vast technology environment, while delivering new data and analytics capabilities in our customer and front-line employee facing technology.

    Rahul’s accomplishments include migrating Delta’s systems and data to the cloud, developing a new Data Center, and establishing a world-class information security team. Rahul also oversaw the launch of Delta’s AI journey, with the beta rollout of Delta Concierge and optimizing AI to support our operation, among other initiatives.

     Most importantly, Rahul always strived to elevate and foster Delta’s unique people-focused culture. Thanks to his service, Delta today is a global leader in technology and innovation and is well-positioned for the years ahead.

    With Rahul’s departure, Amala Duggirala will be joining Delta as our Chief Digital & Technology Officer, taking responsibility for a combined technology and digital function.

     Amala, who most recently served as E.V.P. and Chief Information Officer at USAA, has led digital transformations for major brands including Regions Bank and ACI Worldwide. She is known for her strategic, long-term thinking as well as the depth of her technical expertise.

     Amala shares Delta’s core values of always putting people first, understanding that the true value of innovation comes from empowering our people.

     Like most of us, Amala is an enthusiastic traveler who loves trekking historic sites. She will be relocating to Atlanta with her husband and mother. Her first day will be Jan. 12.

     Amala will report directly to me and will be a member of the Delta Leadership Committee. Eric Phillips, S.V.P. and Chief Digital Officer, will report to Amala as she oversees our technology and digital efforts. Unifying our commercial digital products with our enterprise technology foundation will help us accelerate our journey as a technology-driven consumer brand.

     Please join me in thanking Rahul for his decade of service to Delta, and in welcoming Amala to the team. As we begin our next century of flight together, I’m confident that our best years lie ahead, thanks to our deep bench of leadership talent and – most important of all – the skill and dedication of our 100,000 people worldwide.

    Ed

    © 2026 Delta Air Lines, Inc.

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