Balancing your portfolio with fine wine Goldman Sachs Group Inc. said it will commit $10 billion in investment capital over the coming decade to help address the disproportionate biases that Black women have faced for generations. The bank also will put $100 million toward philanthropy under the program, which has a goal of impacting the lives of 1 million Black women by 2030, according to a statement Wednesday.As part of the initiative, New York-based Goldman is working with nonprofit organization Hope Enterprise Corp., mayors and historically Black colleges and universities across the U.S. South to distribute and lend capital.“No investment could have a bigger impact than unlocking the economic potential of Black women,” Goldman Chief Executive David Solomon said in the statement. “In the face of significant disparities, they’ve shown admirable resilience, especially as they’re starting businesses faster than anyone else in the U.S.”[More: JPMorgan creates investment product for Black-owned banks]
University of Vermont,Vermont Business Magazine As debate roils over EPA regulations proposed this month limiting the release of the potent greenhouse gas methane during fracking operations, a new University of Vermont study funded by the National Science Foundation shows that abandoned oil and gas wells near fracking sites can be conduits for methane escape not currently being measured. The study, published in Water Resources Research on Oct. 20, demonstrates that fractures in surrounding rock produced by the hydraulic fracturing process are able to connect to preexisting, abandoned oil and gas wells, common in fracking areas, which in turn can provide a pathway to the surface for methane.A recent paper published in the Proceedings of the National Academies of Science showed that methane release measured at abandoned wells near fracking sites can be significant but did not investigate the source of the gas.”Our paper shows that fracking sites don’t exist in isolation; they’re part of a system that includes a network of abandoned wells that can effectively pipeline methane to the surface,” said the new paper’s lead author, James Montague, an environmental engineering doctoral student at the University of Vermont, who co-wrote the paper with George Pinder, professor of environmental engineering at the university.The study focused on an area in New York State underlain by the Marcellus Shale Formation, which had been fracked until a ban went into effect in the state in the summer of 2015.The formation, composed of layers of shale and hydrocarbons, is beneath land that has been the site of conventional oil and gas drilling since the 1880s, when American oil companies first began operating.About 40,000 existing wells in New York, 30,000 of them located within the footprint of the Marcellus formation, are documented by the state’s Department of Environmental Conservation. But the department estimates that 70,000 wells in all have been drilled.Because the location of so many wells is not known — a common phenomenon in many regions where fracking takes place — the study uses a mathematical model to predict the likelihood that the hydraulically induced fractures of a randomly placed new well would connect to an existing wellbore.The model put the probability that new fracking-induced fractures in the Marcellus formation would connect to an existing well bore at between .03 percent and 3 percent.But industry-sponsored information made public since the paper was published vastly increased assumptions about the area impacted by a set of six to eight fracking wells known as a well pad to two square miles — increasing the probabilities cited in the paper by a factor of 10 or more.While all fracking sites are different, most have a similar enough hydrocarbon profile that they attracted conventional oil and gas drilling in the past and most, like the Marcellus, have a large number of abandoned wells, many with unknown locations. Not all abandoned wells provide a pathway to surface for methane. Only those that are damaged, largely when the concrete that buffers the well from the surrounding earth loses integrity, can act as a conduit.But even a small percentage of damaged wellbores, given the large number of abandoned wells, can potentially pose an environmental risk, Pinder said. Source: UVM. 10.21.2015
Jul 8, 2010 (CIDRAP News) – States and territories will receive a total of $390.5 million in federal grants this year to help hospitals and other healthcare facilities improve their capability to cope with emergencies and disasters, the US Department of Health and Human Services (HHS) announced yesterday.The annual grants are intended to “enhance community resilience by increasing the ability of hospital and healthcare facilities to respond to the medical impacts of any emergency, such as natural disasters, disease outbreaks, or acts of terrorism,” HHS officials said in a news release.The grants go to all 50 states, eight territories, and four metropolitan areas: Chicago, Los Angeles County, New York City, and Washington, DC. For the states, amounts range from almost $32 million for California to $1.1 million for Wyoming. The allocations are based mainly on population.The grants for healthcare surge capacity and a related grant program for state public health preparedness were launched in the wake of the terrorist attacks of 2001.Last year’s round of hospital preparedness grants was smaller, at $362 million, according to Elleen Kane, a spokeswoman for the HHS Office of the Assistant Secretary for Preparedness and Response, which administers the program.But she said last year’s funding covered only 9 months instead of a full year, because HHS changed the program calendar to match the states’ July-to-June budget cycle. Previously the grants were timed according to the federal budget cycle, based on an October-to-September fiscal year. HHS did not make a public announcement of the grant total last year, she said, commenting, “We were in the throes of H1N1.”Last year there was also a special round of HHS grants totaling $90 million, announced in July, to help healthcare facilities prepare for the fall wave of pandemic flu.This year’s healthcare preparedness funding is slightly below the 2008 amount of $398 million. In 2007 the grants totaled $430 million, and in 2006 the amount was $450 million.The HHS announcement said the funds are intended to be used to develop or improve interoperable communication systems, systems to track available hospital beds, advance registration of volunteer health professionals, process for hospital evacuations or sheltering in place, processes for facility management, community healthcare partnerships, and hospital participation in statewide or regional training exercises.An official with Trust for America’s Health (TFAH), a nonprofit public health advocacy group based in Washington, DC, told CIDRAP News the group is encouraged that the hospital preparedness program is continuing but regards it as very inadequate for its intended purposes.Laura Segal, TFAH’s director of public affairs, said the program has been important for planning and has helped with some preparedness steps, but commented, “Obviously it’s not at a sufficient level to really prepare the hospitals for the kinds of threats we’re talking about, from a severe pandemic to things like hurricanes or other sorts of infectious disease outbreaks or bioterrorism.”See also: Jul 7 HHS announcement with list of grants by jurisdictionhttp://www.hhs.gov/news/press/2010pres/07/20100707h.htmlJun 3, 2008, CIDRAP News story on 2008 hospital preparedness grantshttp://www.cidrap.umn.edu/cidrap/content/bt/bioprep/news/jun0308funding-jw.htmlHHS general information about the Hospital Preparedness Programhttp://www.phe.gov/preparedness/planning/hpp/pages/default.aspx
Director of Pharmacy Graeme Bryson said: “To help cope with the increases demand on pharmacy services, community pharmacies may be operating with restricted access to patients for short, fixed periods.“Community pharmacies will display details of any restrictions to access on front doors and windows.“This will allow pharmacy teams to process prescriptions and restock medicines deliveries from their suppliers.“Community pharmacy is one of our key healthcare professional groups and it is vital that we keep the network functioning.“We are asking the public to understand that this may cause some inconvenience to some patients but it is vital that community pharmacy have the ability to concentrate on providing safe services at this challenging time.” Please continue to order your medication as normal and do not order more than you needPlease do not visit community pharmacy if you have symptoms (insert as per current national advice) To help us Mr Bryson added: “I would like to thank members of the public for their consideration to date and ask that they support their local community pharmacy by following the advice given.” AddThis Sharing ButtonsShare to FacebookFacebookFacebookShare to TwitterTwitterTwitterShare to LinkedInLinkedInLinkedInNHS Dumfries and Galloway is working closely with the region’s community pharmacies to ensure we are best placed to meet the challenges of the COVID-19 situation
Sami Hyypia is returning to England after signing a three-year contract as manager of Championship team Brighton & Hove Albion. 06/06/2014 “I’ve held extensive talks with chairman Tony Bloom and chief executive Paul Barber. I have looked at the club from top to bottom and I am very impressed by what I’ve seen at all levels. “I’ve seen the Amex Stadium and the club’s new training ground and they are among the best I’ve seen anywhere in the world,” added Hyypia. “I am absolutely thrilled by this appointment. Brighton are an ambitious club and I am very pleased to have been given this opportunity,” said the former Liverpool defender. Upd. on 11/06/2014 at 19:40 CEST “The chairman is ambitious and for me that is absolutely key. I am now looking forward to the challenge ahead and our aim is to take the club forward to the next level.” Sport EN Hyypia was sacked in April as manager of Bayer Leverkusen.
“Customers have told me not to touch their loans until the Fed meets,” said Darin Hardin, owner of San Clemente-based Coastal Hills Mortgage Inc. “People have been assuming for the past six months that rates will be lowered, and nobody wants to make a move until some kind of event happens.” Hardin said his business has been slower in brokering mortgages in California’s Orange County, one of the nation’s hottest real estate markets. New calls for mortgages aren’t coming in as frequently, and those looking to switch to fixed-rate financing from adjustable have been stalling. A cut in interest rates would immediately make fixed-rate mortgages cheaper. Homeowners with lines of credit will pay less, and those “waiting on the fence to borrow” will have reason to pick up the phone, he said. A whole host of other borrowings will also become cheaper as U.S. banks follow an interest rate cut by lowering their own prime rates. For those that qualify, loans spanning everything from automobiles to education will be affected – as will the amount consumers are charged by credit cards issuers. There’s also the psychological impact a rate cut would have on the stock market, where the Dow Jones industrial average has plunged into volatility after hitting an all-time high in July. Traders have been cagey since then, sending the blue chip index bouncing around with triple-digit swings. NEW YORK – Wall Street players aren’t the only ones with a lot riding on whether the Federal Reserve cuts interest rates on Tuesday – Main Street could also see some pretty dramatic benefits. Policymakers are widely expected to decrease short-term rates by up to one-half of one percentage point, a move big institutional investors have been clamoring for in recent months. For the man on the street, a cut would lower credit card bills, make mortgages cheaper and perhaps inject enough confidence into the stock market to revive ailing 401(k) investments. Economists will likely debate until the 11th hour what the Fed will do when it releases its decision Tuesday afternoon. Even those far removed from high finance are nervous about what could be the biggest decision the Fed has made in years. Wall Street pundits have pinned their hopes on a rate cut to stem the choppy market conditions, and send stocks higher. That would bring welcome relief in the short term to individual investors whose stock portfolios have fallen in the process. “The whole thing with the stock market is perception,” said Adam Hewison, president of ino.com, a financial Web site catering to individual investors.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!