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		<title>Manufacturing CEOs are worried about a recession</title>
		<link>https://cincylink.com/2023/07/14/manufacturing-ceos-are-worried-about-a-recession/</link>
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		<pubDate>Fri, 14 Jul 2023 04:25:48 +0000</pubDate>
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		<guid isPermaLink="false">https://cincylink.com/?p=162813</guid>

					<description><![CDATA[High inflation and rising recession risks are darkening the mood in the manufacturing industry.Related video above: Biden: Recession in the US not inevitableFifty-nine percent of manufacturing leaders say inflationary pressures are making a recession more likely within the next year, according to a survey released on Wednesday by the National Association of Manufacturers.Three-quarters of manufacturers &#8230;]]></description>
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<p>
					High inflation and rising recession risks are darkening the mood in the manufacturing industry.Related video above: Biden: Recession in the US not inevitableFifty-nine percent of manufacturing leaders say inflationary pressures are making a recession more likely within the next year, according to a survey released on Wednesday by the National Association of Manufacturers.Three-quarters of manufacturers say inflationary pressures are worse today than six months ago, with 54% also saying higher prices are making it harder to compete and remain profitable.The survey was conducted May 17-May 31, prior to the alarming May inflation report that set off severe turbulence in financial markets."Through multiple crises, manufacturers have proven remarkably resilient, but there's no mistaking there are darker clouds on the horizon," Jay Timmons, CEO of the manufacturing trade group, said in a statement.The top business challenge reported by manufacturing CEOs in the survey was increased raw material costs, cited by 90% of respondents. The top sources of inflation were increased raw material prices (97%), freight and transportation costs (84%), wages and salaries (80%), energy costs (56%) and shortage of workers (49%)."Russia's war on Ukraine has undeniably exacerbated higher energy and food costs," Timmons said, adding that deficit spending from the federal government has contributed to high inflation. Timmons did not mention the Federal Reserve's belated shift away from emergency policies.NAM urged lawmakers to refrain from imposing new taxes and focus on easing supply pressures, including by passing the Bipartisan Innovation Act championed by the White House. Timmons said 88% of manufacturers in the survey see it as an important piece of legislation."Though it won't solve every issue, this will give us many of the tools needed to ramp up domestic manufacturing and strengthen our supply chains," Timmons said. "Congress needs to move swiftly to get it to President Biden's desk."
				</p>
<div>
<p>High inflation and rising recession risks are darkening the mood in the manufacturing industry.</p>
<p><strong><em>Related video above: Biden: Recession in the US not inevitable</em></strong></p>
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<p>Fifty-nine percent of manufacturing leaders say inflationary pressures are making a recession more likely within the next year, according to a survey released on Wednesday by the National Association of Manufacturers.</p>
<p>Three-quarters of manufacturers say inflationary pressures are worse today than six months ago, with 54% also saying higher prices are making it harder to compete and remain profitable.</p>
<p>The survey was conducted May 17-May 31, prior to <a href="https://www.cnn.com/2022/06/10/economy/may-inflation-gas-prices/index.html" target="_blank" rel="nofollow noopener">the alarming May inflation report</a> that set off severe turbulence in financial markets.</p>
<p>"Through multiple crises, manufacturers have proven remarkably resilient, but there's no mistaking there are darker clouds on the horizon," Jay Timmons, CEO of the manufacturing trade group, said in a statement.</p>
<p>The top business challenge reported by manufacturing CEOs in the survey was increased raw material costs, cited by 90% of respondents. The top sources of inflation were increased raw material prices (97%), freight and transportation costs (84%), wages and salaries (80%), energy costs (56%) and shortage of workers (49%).</p>
<p>"Russia's war on Ukraine has undeniably exacerbated higher energy and food costs," Timmons said, adding that deficit spending from the federal government has contributed to high inflation. Timmons did not mention the Federal Reserve's belated shift away from emergency policies.</p>
<p>NAM urged lawmakers to refrain from imposing new taxes and focus on easing supply pressures, including by passing the Bipartisan Innovation Act championed by the White House. Timmons said 88% of manufacturers in the survey see it as an important piece of legislation.</p>
<p>"Though it won't solve every issue, this will give us many of the tools needed to ramp up domestic manufacturing and strengthen our supply chains," Timmons said. "Congress needs to move swiftly to get it to President Biden's desk." </p>
</p></div>
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		<title>Richmond woman creates app to find Black-owned businesses nationwide</title>
		<link>https://cincylink.com/2021/10/16/richmond-woman-creates-app-to-find-black-owned-businesses-nationwide/</link>
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		<dc:creator><![CDATA[cincylink]]></dc:creator>
		<pubDate>Sat, 16 Oct 2021 04:48:52 +0000</pubDate>
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		<guid isPermaLink="false">https://cincylink.com/?p=23222</guid>

					<description><![CDATA[RICHMOND, Va. -- Markeisha Harris-Minor is a young entrepreneur who has always considered herself to be a resource to people. And she has always wanted to do it, as she says, on a macro level. So, last December, she came up with an idea for a new app she calls Blocal Search. What is it? &#8230;]]></description>
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<p>RICHMOND, Va. -- Markeisha Harris-Minor is a young entrepreneur who has always considered herself to be a resource to people. And she has always wanted to do it, as she says, <a class="Link" href="https://www.wtvr.com/our-rva/richmond-woman-creates-app-to-find-black-owned-businesses">on a macro level</a>.</p>
<p>So, last December, she came up with an idea for a new app she calls Blocal Search.</p>
<p>What is it?</p>
<p>“This is a nationwide directory and app for locating Black-owned businesses all across the country," Harris-Minor, CEO of Blocal Search, said.</p>
<p>Harris-Minor said she was constantly seeing the Black dollar recycle in front of her eyes. That’s why she said it was important for her to find an avenue that would allow the money to stay in local neighborhoods, especially in a moment in time where a demand to support Black businesses is on the rise.</p>
<p>“Because we all know that buying Black right now, it’s something that’s important. It may look more trendy or what have you, but I want to make sure I’m pushing it to be a lifestyle, so just kind of changing that focus and perspective, like why am I really buying Black?” she said.</p>
<p>Ajay Brewer, owner of Brewer’s Café on the city’s south side, added his business to Blocal Search this year.</p>
<p>“I’ve had several people tell me that they’ve found me through Blocal, so any sort of search engine that creates that sort of awareness for us is really priceless. It’s created revenue for Brewer’s Café for sure," Brewer said.</p>
<p>Harris-Minor said she has over 150 local businesses -- like restaurants, juice bars, beauty supplies, family dentistry, and more -- in the app.</p>
<p>The number is even higher nationwide. Blocal has promoted about 4,000 companies across 160 cities since the app launched in February.</p>
<p>“Blocal at minimum is going to be a directory, but this is going to be a brand that I’m building to really make sure that we’re able to have a sustainable community that we’ve had in the past and be able to create the generational wealth that we all are looking for our families,” she said.</p>
<p>Blocal Search is available to download on your phone by going to your App Store or on Google Play. You can also get more information <a class="Link" href="https://www.blocalsearch.com/">here</a>.</p>
<p><i>This story was originally published by Rob Desir at WTVR.</i></p>
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		<title>CEO arrested for breaching the US Capitol amid deadly mayhem</title>
		<link>https://cincylink.com/2021/09/21/ceo-arrested-for-breaching-the-us-capitol-amid-deadly-mayhem/</link>
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		<dc:creator><![CDATA[cincylink]]></dc:creator>
		<pubDate>Tue, 21 Sep 2021 05:19:41 +0000</pubDate>
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		<guid isPermaLink="false">https://cincylink.com/?p=27258</guid>

					<description><![CDATA[The CEO of a Chicago company said he was arrested after breaching the U.S. Capitol during Wednesday's violence in Washington.Brad Rukstales, CEO of the marketing technology firm Cogensia, apologized for what he called a "moment of extremely poor judgment.""It was the single worst personal decision of my life," Rukstales said in a statement posted on &#8230;]]></description>
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<p>
					The CEO of a Chicago company said he was arrested after breaching the U.S. Capitol during Wednesday's violence in Washington.Brad Rukstales, CEO of the marketing technology firm Cogensia, apologized for what he called a "moment of extremely poor judgment.""It was the single worst personal decision of my life," Rukstales said in a statement posted on Twitter.Cogensia, based in the Chicago suburb of Schaumburg, sought to distance itself from its CEO, whom the company said has been placed on leave of absence."Mr. Rukstales' actions were his own; he was not acting on behalf of our company nor do his actions in any way reflect the policies or values of our firm," Cogensia said in a statement posted on LinkedIn.Neither Rukstales nor Cogensia were reachable for further comment. The U.S. Capitol Police did not respond to a request for comment to confirm the arrest.Five people died as a result of Wednesday's insurrection, including a U.S. Capitol Police officer. A federal murder investigation has been opened into the officer's death. House Democrats plan to introduce articles of impeachment against President Donald Trump as early as Monday for "incitement of insurrection," according to sources familiar with the matter and a draft article obtained by CNN.Video: U.S. Congressman questions Capitol protest security"Without qualification and as a peaceful and law-abiding citizen, I condemn the violence and destruction that took place in Washington," Rukstales said in his statement.The Cogensia CEO said that following the rally in Washington, he "followed hundreds of others through an open set of doors to the Capitol building to see what was taking place inside."Rukstales said he was arrested and charged with unlawful entry."My decision to enter the Capitol was wrong, and I am deeply regretful to have done so," he said.A number of other people present at Wednesday's unrest have faced consequences from their employers. Navistar, a direct marketing company in Maryland, fired an employee who was photographed wearing his company ID badge inside the U.S. Capitol building."While we support all employees' right to peaceful, lawful exercise of free speech, any employee demonstrating dangerous conduct that endangers the health and safety of others will no longer have an employment opportunity with Navistar Direct Marketing," the company said in a statement provided to CNN.Video: Scenes from Washington protests
				</p>
<div>
					<strong class="dateline">WASHINGTON —</strong> 											</p>
<p>The CEO of a Chicago company said he was arrested after breaching the U.S. Capitol during Wednesday's violence in Washington.</p>
<p>Brad Rukstales, CEO of the marketing technology firm Cogensia, apologized for what he called a "moment of extremely poor judgment."</p>
<p>"It was the single worst personal decision of my life," Rukstales said in a <a href="https://twitter.com/brad_rukstales/status/1347384943824031744/photo/1" target="_blank" rel="nofollow noopener">statement</a> posted on Twitter.</p>
<p>Cogensia, based in the Chicago suburb of Schaumburg, sought to distance itself from its CEO, whom the company said has been placed on leave of absence.</p>
<p>"Mr. Rukstales' actions were his own; he was not acting on behalf of our company nor do his actions in any way reflect the policies or values of our firm," Cogensia said in a statement posted on LinkedIn.</p>
<p>Neither Rukstales nor Cogensia were reachable for further comment. The U.S. Capitol Police did not respond to a request for comment to confirm the arrest.</p>
<p>Five people died as a result of Wednesday's insurrection, including a U.S. Capitol Police officer. A federal murder investigation has been opened into the officer's death. House Democrats plan to <a href="https://www.cnn.com/2021/01/08/politics/house-democrats-impeachment-plans/index.html" target="_blank" rel="nofollow noopener">introduce articles of impeachment</a> against President Donald Trump as early as Monday for "incitement of insurrection," according to sources familiar with the matter and a draft article obtained by CNN.</p>
<p><strong><em>Video: U.S. Congressman questions Capitol protest security</em></strong></p>
<p>"Without qualification and as a peaceful and law-abiding citizen, I condemn the violence and destruction that took place in Washington," Rukstales said in his statement.</p>
<p>The Cogensia CEO said that following the rally in Washington, he "followed hundreds of others through an open set of doors to the Capitol building to see what was taking place inside."</p>
<p>Rukstales said he was arrested and charged with unlawful entry.</p>
<p>"My decision to enter the Capitol was wrong, and I am deeply regretful to have done so," he said.</p>
<p>A number of other people present at Wednesday's unrest have faced consequences from their employers. Navistar, a direct marketing company in Maryland, fired an employee who was photographed wearing his company ID badge inside the U.S. Capitol building.</p>
<p>"While we support all employees' right to peaceful, lawful exercise of free speech, any employee demonstrating dangerous conduct that endangers the health and safety of others will no longer have an employment opportunity with Navistar Direct Marketing," the company said in a statement provided to CNN.</p>
<p><strong><em>Video: Scenes from Washington protests</em></strong></p>
</p></div>
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		<title>Texas power grid CEO is fired following widespread outages during winter storms</title>
		<link>https://cincylink.com/2021/07/28/texas-power-grid-ceo-is-fired-following-widespread-outages-during-winter-storms/</link>
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		<dc:creator><![CDATA[cincylink]]></dc:creator>
		<pubDate>Wed, 28 Jul 2021 04:48:46 +0000</pubDate>
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		<guid isPermaLink="false">https://cincylink.com/?p=36111</guid>

					<description><![CDATA[I would say that. Okay. In friendship, I think that, uh it would be great for Texas to consider connecting in some way, shape or form to its neighbors so that we can send ions across the grid in times of need in the same way your neighbors help you in times of trouble. And &#8230;]]></description>
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<p>
											I would say that. Okay. In friendship, I think that, uh it would be great for Texas to consider connecting in some way, shape or form to its neighbors so that we can send ions across the grid in times of need in the same way your neighbors help you in times of trouble. And so I would hope that that's a consideration.
									</p>
<div>
<p>
					Above video: Energy secretary hopes Texas will consider connecting grid to other statesFollowing widespread power outages during a series of winter storms that left many Texas residents in the dark for days, the head of the organization overseeing the state's power grid has been fired.Bill Magness, president and CEO of Electric Reliability Council of Texas (ERCOT), was terminated from his contract by the organization's board of directors after an emergency meeting Wednesday night.In a statement sent to CNN, ERCOT says the board "directed the Corporate Secretary to exercise the 60 days' termination notice" to Magness pursuant to the employee agreement. He will continue to serve as president and CEO during this transition period, the statement said.Five board members had earlier resigned after the storms.ERCOT expects to start an immediate search for a new president and CEO, the statement said. The next ERCOT board meeting is currently scheduled for April 13.
				</p>
<div class="article-content--body-text">
<p><strong><em>Above video: Energy secretary hopes Texas will consider connecting grid to other states</em></strong></p>
<p>Following widespread power outages during a series of <a href="https://www.cnn.com/2021/02/22/us/texas-storm-recovery-monday/index.html" target="_blank" rel="nofollow noopener">winter storms</a> that left many Texas residents in the dark for days, the head of the organization overseeing the state's power grid has been fired.</p>
<p>Bill Magness, president and CEO of Electric Reliability Council of Texas (ERCOT), was terminated from his contract by the organization's board of directors after an emergency meeting Wednesday night.</p>
<p>In a statement sent to CNN, ERCOT says the board "directed the Corporate Secretary to exercise the 60 days' termination notice" to Magness pursuant to the employee agreement. He will continue to serve as president and CEO during this transition period, the statement said.</p>
<p>Five board members had earlier resigned <a href="https://www.cnn.com/2021/02/23/us/texas-storm-recovery-tuesday/index.html" target="_blank" rel="nofollow noopener">after the storms</a>.</p>
<p>ERCOT expects to start an immediate search for a new president and CEO, the statement said. The next ERCOT board meeting is currently scheduled for April 13.</p>
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<br /><a href="https://www.wlwt.com/article/texas-power-grid-ceo-is-fired-following-widespread-outages-during-winter-storms/35719370">Source link </a></p>
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		<title>More people calling 211 amid the COVID-19 pandemic</title>
		<link>https://cincylink.com/2020/04/07/more-people-calling-211-amid-the-covid-19-pandemic/</link>
					<comments>https://cincylink.com/2020/04/07/more-people-calling-211-amid-the-covid-19-pandemic/#respond</comments>
		
		<dc:creator><![CDATA[cincylink]]></dc:creator>
		<pubDate>Tue, 07 Apr 2020 15:07:07 +0000</pubDate>
				<category><![CDATA[Cincy News]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[211]]></category>
		<category><![CDATA[Calls]]></category>
		<category><![CDATA[CEO]]></category>
		<category><![CDATA[Cincinnati]]></category>
		<category><![CDATA[Cincy]]></category>
		<category><![CDATA[coronavirus]]></category>
		<category><![CDATA[covid-19]]></category>
		<category><![CDATA[Local]]></category>
		<category><![CDATA[outbreak]]></category>
		<category><![CDATA[pandemic]]></category>
		<category><![CDATA[President]]></category>
		<category><![CDATA[Recent]]></category>
		<category><![CDATA[Relevant]]></category>
		<category><![CDATA[Trending]]></category>
		<category><![CDATA[United Way]]></category>
		<category><![CDATA[Worldwide]]></category>
		<guid isPermaLink="false">https://cincylink.com/?p=11970</guid>

					<description><![CDATA[More people are turning to 211 during this pandemic. United Way Worldwide says 211 usually takes about 12 million calls per year across the United States. Right now, they're taking more than double that – up to 75,000 calls a day. Two weeks ago, when a surge in calls started, many were about the virus &#8230;]]></description>
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<div>
<p>More people are turning to 211 during this pandemic.</p>
<p>United Way Worldwide says 211 usually takes about 12 million calls per year across the United States. Right now, they're taking more than double that – up to 75,000 calls a day.</p>
<p>Two weeks ago, when a surge in calls started, many were about the virus itself and getting tested. Now, the calls have shifted to questions about economic problems.</p>
<p>211 is both a database and call specialist that connects people with one contact instead of having to turn to multiple places to get help.</p>
<p>“So, if you're calling, looking for food, the database knows which food pantries have food and which have run out,” said Brian Gallagher, President and CEO of United Way Worldwide. “Which shelters have beds and which shelters don't have beds, those kinds of things. Where is there financial assistance and so forth.”</p>
<p>You can call 211 go to <span class="Enhancement"></p>
<p>                <span class="Enhancement-item"><a class="Link" href="https://211.org/">211.org</a></span></p>
<p>        </span></p>
<p> to set up two-way texting. </p>
<p>A specialist will walk you through a series of questions. You'll be asked things like how many kids are in your home, your employment status and your household income.</p>
<p>That eligibility information will only be used to point you in the right direction.</p>
<p>“211 gets people that are in desperate need to the things they need right away but we need to make sure that the funding is there for Catholic charities, for food banks, for domestic violence shelters and so forth and so we've been working with Congress to make sure that there is, in this next legislation, support for nonprofits that are providing those services as well as emergency support for 211,” said Gallagher. </p>
<p>211 is hiring part-time specialists to help with the increase in calls. It's also recruiting volunteers that work remotely. You can find those <span class="Enhancement"></p>
<p>                <span class="Enhancement-item"><a class="Link" href="https://www.211unitedway.org/search-category/employment/">opportunities here.</a></span></p>
<p>        </span></p>
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<br /><a href="https://www.wcpo.com/news/national/coronavirus/more-people-calling-211-amid-the-covid-19-pandemic">Source link </a></p>
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