The National has announced a run of intimate performances in select cities ranging from New York to Paris scheduled for this April. The brief run of concerts is being billed under, “A Special Evening With The National,” and will begin with a performance a France’s Paris at Olympia on April 16th.Following the opening night in Paris, the band will head to London for a show at the Royal Festival Hall on April 18th, followed by scheduled stops at the Beacon Theatre in New York, NY (4/22); Roy Thomson Hall in Toronto, ON (4/24); and the Orpheum Theatre in Los Angeles, CA (4/26).Related: Eaux Claires Music Festival Announces Hiatus For 2019The upcoming performances mark the first shows for the band in 2019. The alternative rock band toured heavily in 2018 following the 2017 release of their seventh studio album, Sleep Well Beast. They also celebrated the 10-year anniversary reissue of 2007’s Boxer in 2017 as well. The band also marked an end to their busy 2018 this past fall when they hosted a mix of performers ranging from Jason Isbell and Phoebe Bridgers for their two-day, “There’s No Leaving New York” weekend event at New York City’s Forest Hills Stadium this past September.Other performances on the band’s upcoming 2019 concert schedule include appearances throughout the summer months at Bonnaroo, Spain’s Mad Cool Festival, and Italy’s Ypsigrock Festival, just to name a few. They’re also scheduled to team up with Florence + The Machine for a performance in London’s Hyde Park on July 13th.Tickets for New York, Toronto, and Los Angeles concerts will begin general on-sale this Saturday, March 2nd at 10 a.m. Local. The Paris and London concerts will go on sale starting the following Monday, March 4th at 10 a.m. Local. Fans can click here for tickets and information.
A former Brazilian electricity regulator and a management professor from the Indian Institute of Technology are among the incoming visitors being welcomed this spring at the Mossavar-Rahmani Center for Business and Government (M-RCBG) at the Harvard Kennedy School (HKS).“Fellows and scholars are a vital resource at the center as they provide both valuable experience and a fresh lens through which to view the business-government relationship,” said Roger Porter, the center’s director and the IBM Professor of Business and Government. “We welcome these visitors and look forward to their interaction with our faculty, continuing fellows, researchers, students, and others.”Incoming senior fellows and visiting scholarsThomas J. Healey, a Partner at Healey Development LLC and former adjunct lecturer at HKS, will rejoin the center as a senior fellow to continue work on new directions in financial services regulation.Thillai Annamalai Rajan, a Fulbright Nehru Senior Research Fellow in global business studies, as a senior fellow, will work in the area of infrastructure financing, with specific reference to the role of private equity in infrastructure creation with Jose A. Gomez-Ibanez the Derek Bok Professor of Urban Planning and Public Policy.Joisa Saraiva, as a visiting scholar, will focus on the role of demand-side management mechanisms in the electricity industry and also on procurement auctions.The visiting scholars and fellows programs are designed to provide fresh perspectives as the center helps examine and develop policies at the intersection of business and government.For the full release, visit visit the Harvard Kennedy School Web site.
Read Full Story Reflecting on the 2013 elections and what they might mean for 2014 and 2016, Maggie Haberman, senior political reporter for Politico, shared with the Shorenstein Center three key outcomes that might shed light on future political developments.The three elections she pointed to were Bill de Blasio in the New York mayoral race, and the gubernatorial races of Terry McAuliffe in Virginia and Chris Christie in New Jersey. The conventional wisdom that has followed de Blasio’s election, Haberman said, is that his win “spells a more liberal tilt in the electorate at large, and certainly in politics in New York City.” However, she pointed out, the percentage of voters in this election was a small percentage of the electorate, and so the win “doesn’t speak about a larger theme in either 2014 or 2016.”A narrative that emerged from McAuliffe’s win, Haberman said, is that “the hard-right candidate can’t win.” Yet she sees that instead of a Democratic win, the election showed how close the Republicans came to winning, and as a result, “instead of seeing a dispirited Tea Party, you’re seeing a more invigorated Tea Party and a dispirited Wall Street and a dispirited donor class.”Christie’s reelection, Haberman said, was more a result of unique circumstances than a sign of things to come. Even though he won by a large margin, she said, “the suggestion that there’s a larger lesson that can be learned or tried elsewhere in the Republican Party…is hard to see.”Listen to the audio on SoundCloud
Field trip! Today anchors Kathie Lee Gifford, Hoda Kotb, Savannah Guthrie, Natalie Morales and Tamron Hall have worked a full day before most of us have even eaten lunch—so after bringing news to the nation, the ladies of Today spent the afternoon at the Schoenfeld Theatre, witnessing the sweeping romance of The Bridges of Madison County. After seeing Jason Robert Brown’s new musical unfold, the ladies got a backstage tour from the show’s stars, Kelli O’Hara and Steven Pasquale. The Today show hosts are all smiles in this Hot Shot, but we’re willing to bet they were wiping away tears during the emotional adaptation. Check out a snapshot of their visit, then see Bridges on Broadway! View Comments The Bridges of Madison County Related Shows Kelli O’Hara Star Files Show Closed This production ended its run on May 18, 2014 Steven Pasquale
We are in the service business, the financial service business. We help consumers solve or resolve the money conundrum by providing a safe place to store their money, a place to grow their money, a place to borrow, a convenient and safe way to transact, and a place to come for sound advice that can help add value. Financial institutions are dream makers. We help consumers with their financial journeys.Yet we face some significant challenges as the number of consumers visiting branches and interacting with our people channels continues to go down and it is becoming harder to attract consumers to join us. We are losing out on everyday transactions to FinTech and emerging financial services providers…Two young entrepreneurs, 10 and 12 started a personalized skincare business. Their “regular” financial institution cannot accept many of their ecommerce and in-person transactions. The two young ladies have an account with a digital financial institution that can seamlessly accept all kinds of payments.11 tenants residing close to a college pay their landlord via a digital wallet. Six of those tenants are under 21, the other five are senior citizens. The senior citizens prefer using digital to transact. They say it is easier than writing checks and that they have easy instant access to information.When you use a rideshare app there is absolute ease, pinpoint accuracy, and complete transparency. A push of a button (ease) summons the vehicle to where you are (pinpoint accuracy), and you know exactly where you are going and what you are paying (complete transparency).The way we transact is being redefined. No cash changed hands in any of the above scenarios. The owner of the transaction has an opportunity to engage with their consumer. What role does a traditional financial institution get to play in this evolving world? The consumer we seek desires instant access to information, is empowered by choices, and is still demanding even more. What can we do to stay relevant?Seven critical elements are going to define our foundation for success beyond 2020:The Branch Experience Has to Change: We need to draw members in for advisory versus transactional services, encourage them to transact online, and provide intuitive, consistent experiences across channel.We Can Lead and Win with Payments – By getting the consumer to transact with our payment instruments we have the opportunity to earn income, and leverage this relationship to do much more. We also need to develop a strategy on cryptocurrency and mitigate fraud.Create a Foundational Digital Strategy – Digital will continue to change and evolve. Most digital initiatives have focused on the front-end user experience. Significant enhancements need to be made to digitize our internal processes. Security: Authentication, Transactions, Information – Information needs to be protected, transactions completely secured, and financial institutions need to invest in speeding up authentication. Biometrics needs to be leveraged with a hint of personalization. Smarter Employees & Channels – The channels that serve our consumers need to provide information that is consistent, correct, and do so quickly. Our people channel needs to be more effective. AI should be leveraged to assist all channels. (https://www.cuinsight.com/cognitive-collaboration-the-emerging-role-of-ai-in-banking.htmlBig Data, Decision Science, & the Cognitive Cloud – We need to leverage the information we are collecting to personalize transactions and even predict events to provide “wow” service. Data collection is not going to slow down, our data strategy needs to be accelerated.Banking Delivered in Your Pocket – We are moving towards a mobile first, perhaps a mobile only environment. Our future branch will sit in the palm of our hand. We have to enable a smooth migration to this mobility driven environment.(I have authored a five-page whitepaper on this subject. If you would like a copy of this, please send an email to Sundeep.Kapur@gmail.com.) 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Sundeep Kapur Sundeep has been assisting financial institutions with their omni-channel strategies – a more effective branch, a better online experience, & great consumer engagement. He is the author of an online … Web: www.emailyogi.com Details
ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr “How do we reach Millennials?” is a question we hear often from credit unions and banks, particularly this time of year during strategic planning sessions.It’s a great question, but it’s also one you’ve probably been asking for the last 10 years. It’s time now to get a little more creative than simply putting pictures of Millennials on your website.My top recommendation for reaching Millennials? Host an event for millennials.Here’s why an event for Millennials is a good thing:Events show your human side. BrandCap says Millennials only find one in four banking brands relatable. Make yours one of those relatable brands by letting this younger demographic interact with “the real you” face to face. continue reading »
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York By Neal LewisGov. Andrew Cuomo’s recent proposal to expand the Long Island Rail Road’s Main Line has rightly sparked a public discussion of the fundamental role that transit can play in building a more sustainable future for Long Island. From my perspective, the proposed LIRR expansion would bring environmental, social equity and economic advances in sustainability.The major improvement involves adding a Third Track to a 9.8-mile segment of the LIRR Main Line between Floral Park and Hicksville. This additional track would eliminate the existing bottleneck that currently causes delays, prevents efficient reverse commuting and limits train service across the Island particularly in Suffolk County. Substantially increasing the capacity of the LIRR’s Main Line would enhance Long Island in many ways.First, improved public transit helps the environment because it gets more people out of their cars and into much less polluting trains. The LIRR expansion would have significant, positive, greenhouse-gas reduction benefits because increased train ridership causes a decrease in vehicle miles travelled by car. Even if the addition doesn’t cause people to give up their cars completely, it allows them to use their cars less often, which improves our air quality.Investing in this long-overdue transit system expansion is consistent with efforts to increase “transit-oriented developments” (or TODs) across Long Island. More frequent train service encourages residential development in transit-oriented downtown areas that can be especially attractive to young people—but frequent train service is crucial to their appeal.Second, improved public transit would enhance business opportunities on Long Island. A report by the Long Island Index reveals that 10 years after the project is completed 14,000 new jobs will have been created; 35,000 new residents will have been added, along with $5.6 billion in Gross Regional Product. Businesses want access to the best employees, and that requires convenient and reliable public transit on Long Island—not just to and from New York City.Similarly, the LIRR expansion would increase social equity because improved rail service makes it easier for people who can’t afford the significant expenses of owning a car here to find a job and get to work conveniently. It also enables people who do have cars to reduce transportation costs by relying on their cars less frequently, saving on wear and tear and mileage.Long Islanders have a right to demand a higher-quality train service that is not hampered by a 10-mile bottleneck that otherwise stands in the way of improving our community, environment and economy. But a large infrastructure project such as this must involve concerted community input at each stage of the process. Efforts should be made to identify community concerns and minimize community impacts by exploring all design options.It may be possible, for instance, to improve local services, reduce noise, or decrease the number of at-grade crossings that currently cause traffic to back up when trains arrive. The governor recently committed to working with local communities to remove the seven at-grade crossings within the 9.8-mile stretch where the Third Track would go. It is likely community residents will have many suggestions, so our local leaders must work to ensure that the LIRR lives up to their promise to follow an open planning process.Long Island faces a nagging challenge to our economy and our quality of life because a public transit bottleneck more than a century old stands in the way of a more sustainable future. Gov. Cuomo should be applauded for supporting this LIRR expansion and committing to fund the process to design and evaluate the proposal. Leaders at the regional and local levels should participate thoughtfully and constructively in the project’s environmental review. All Long Islanders have an interest in seeing that it is planned, designed and implemented as sensitively as possible.Neal Lewis is executive director of the Sustainability Institute at Molloy College and a resident of Massapequa.
Police say Kevin Johnson, 56, was waiting to turn left into a Mirabito when his car was rear ended by a car driven by Shaun Jones, 20. The driver of the ambulance, Gerald Brown, 41, and his passenger were also taken to the hospital by ambulance. TOWN OF DAVENPORT (WBNG) — New York State Police responded to reports of a three vehicles crash Friday on State Highway 23 in the town of Davenport. The passenger in Jones’s vehicle was taken to another medical center. This collision caused Jones’s car to enter into another lane of traffic where it struck an ambulance, causing the ambulance to strike a guiderail. Officials say Jones was taken to Albany Medical Center by helicopter. He has since been released,. All three of the vehicles involved were towed from the scene of the crash, and the investigation is currently ongoing.
The board expects this process to encourage preparers to take a broader approach to the question of disclosures, which have tended to emerge on a piecemeal basis across the board’s many standards.IASB vice chair Sue Lloyd, however, signalled that she might issue a dissenting opinion on the proposals, citing in particular concerns that the proposals might not produce the behavioural change the board wanted to see.“I think it’s going to be really important that we find a way through the consultation process to assess not just do people like the words and ideas that we’ve written down, but really to find ways to try and work out whether the system is going to allow the approach that we’ve got here to work the way that we have designed it …”.Lloyd went on to explain that she was concerned that preparers might focus more on issues of recognition and measurement than on the judgements that are necessary when making disclosures so as to deliver useful information.EU adopts proposal package for new IFRS 9 rule bookMeanwhile, the European Union has formally adopted the package of proposals released on 28 April aimed at smoothing the transition of financial institutions across the bloc to the new IFRS 9, Financial Instruments, accounting rule book.In overview, the proposals are intended to relieve banks from the full force of accounting and regulatory rules during the coronavirus pandemic and stimulate lending to businesses and households.The new requirements took effect across the EU from 27 June.Among the measures, which were approved by the European Parliament plenary on 18 June, is the option for institutions “to fully add back to their Common Equity Tier 1 capital any increase in new expected credit loss provisions that they recognise in 2020 and 2021 for their financial assets that are not credit-impaired.Amendements to IFRS 17Separately, the IASB also also issued amendments to International Financial Reporting Standard 17, Insurance Contracts.IFRS 17 replaces IFRS 4, Insurance Contracts and is effective for annual reporting periods beginning on or after 1 January 2023.The release of the new standard, which applies to insurance contracts as opposed to insurers, is the first comprehensive international standard dealing with this area of accounting.The board introduced IFRS 4 as an interim solution. Its critics of existing literature have said it does not contain a single accounting model for insurance contracts, which results in a loss of comparability.Since publishing IFRS 17, the board has heard a number of criticisms from constituents.In response, it agreed to make a series of targeted amendments to:cut costs,make results easier to explain, andsmooth transition.Alongside the amendments, the board has released an overview of the changes and a feedback statement explaining how it responded to those concerns.Separately, the European Financial Reporting Advisory Group, which advises the EU on accounting matters, on Monday issued its formal endorsement advice in favour of adopting the package for use across the EU.To read the digital edition of IPE’s latest magazine click here. The International Accounting Standards Board (IASB) has given staff permission to start the process of balloting board members on an exposure draft to completely revamp the disclosure requirements in International Accounting Standard 19, Employee Benefits.In line with the proposals put to the board, interested parties will have 180 days to comment.The board’s work on defined benefit (DB) disclosure is based on draft guidance it released in 2018 to guide it in developing and drafting disclosure requirements.The focus of this guidance is on using specific disclosure objectives to tease out the most relevant information together with a catch-all or high-level disclosure.
LNG World News Staff For illustration purposes only (image courtesy of Höegh LNG)Norway’s floating storage and regasification unit (FSRU) giant Höegh LNG said on Thursday that Thomas Thorkildsen has rejoined the company as head of marketing for business development.Thorkildsen left Höegh LNG in January last year to join Oslo-listed Flex LNG, the shipping company controlled by billionaire John Fredriksen.Prior to that, Thorkildsen has spent the previous 13 years with Höegh LNG where, as head of business development, he was responsible for the development of the FSRU opportunities.However, according to a report by Reuters on Thursday, Flex LNG, which had previously planned to develop several FSRU projects, has dropped its interest in operating these types of vessels due to project failures and low return and is now focusing only on LNG carriers.Flex LNG also announced on Thursday that its current chief executive Jonathan Cook, had stepped down. Cook was founding partner of the US-based FSRU specialist Excelerate Energy.