Dr. Myechia Minter-Jordan Joins Blue Shield of California’s Board of Directors

OAKLAND, Calif., Jan. 6, 2021 /PRNewswire/ — Blue Shield of California today announced Myechia Minter-Jordan, M.D., MBA, has joined its board of directors, making the governing body of the nonprofit health plan a majority of women for the first time in its 82-year history.

<a…

OAKLAND, Calif., Jan. 6, 2021 /PRNewswire/ — Blue Shield of California today announced Myechia Minter-Jordan, M.D., MBA, has joined its board of directors, making the governing body of the nonprofit health plan a majority of women for the first time in its 82-year history.

Dr. Minter-Jordan is president and CEO of DentaQuest Partnership for Oral Health Advancement and Catalyst Institute, a nonprofit organization working to improve overall health of individuals, families and communities through better oral health. She also co-founded the Community Care Collaborative, the nation’s largest Medicaid Accountable Care Organization comprised of 19 Federally-Qualified Health Centers (FQHC) in Massachusetts serving over 100,000 patients.

«My passion lies with community health and the key role it plays in the American health system, which is also at the heart of Blue Shield of California’s nonprofit mission,» Dr. Minter-Jordan said. «I’m honored to join Blue Shield’s board of directors and help transform our healthcare system into one that delivers high-quality care that’s sustainably affordable for everyone.»

Her appointment follows last fall’s election of Kristina (Kris) Leslie as the first woman to chair the health plan’s board. Blue Shield’s board of directors is now comprised of seven women and six men.

«It’s an exciting time to join an innovative company like Blue Shield of California,» Leslie said. «Dr. Minter-Jordan’s expertise and knowledge will help us greatly, and we all look forward to working with her to transform health care in California and beyond.»

Prior to joining DentaQuest in 2019, Dr. Minter-Jordan spent 12 years at Dimock Community Health Center, including serving as president and CEO. Dimock is the second-largest health system in the Boston area. She graduated from Brown University School of Medicine and the Johns Hopkins University Carey School of Business, where she also worked as an attending physician and instructor of medicine.

Blue Shield of California is a leader in diversity and gender equity, with four of the five standing board committees now being led by women. The health plan also achieved pay equity for its employees across gender and ethnicity in 2018, has a balanced representation of women and men in leadership roles (Director and above), and it was recently selected as one of America’s Best Companies for Women to Advance by Parity.org. 

About Blue Shield of California
Blue Shield of California strives to create a healthcare system worthy of its family and friends that is sustainably affordable. Blue Shield of California is a tax paying, nonprofit, independent member of the Blue Cross Blue Shield Association with over 4 million members, 6,800 employees and more than $20 billion in annual revenue. Founded in 1939 in San Francisco and now headquartered in Oakland, Blue Shield of California and its affiliates provide health, dental, vision, Medicaid and Medicare healthcare service plans in California. The company has contributed more than $500 million to Blue Shield of California Foundation since 2002 to have an impact on California communities.

For more news about Blue Shield of California, please visit news.blueshieldca.com.

Or follow us on LinkedIn, Twitter, or Facebook.

CONTACT:   

Mark Seelig

Blue Shield of California    

510-607-2359

media@blueshieldca.com       

      

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SOURCE Blue Shield of California

La Dra. Myechia Minter-Jordan se incorpora a la junta directiva de Blue Shield of California

OAKLAND, California, 6 de enero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Blue Shield of California anunció hoy que la Dra. Myechia Minter-Jordan, M.D., MBA, se ha incorporado a su junta directiva. Como resultado de este nombramiento, el cuerpo directivo del plan de salud no lucrativo es mayoritariamente femenino por primera vez en sus 82 años de trayectoria.

<img…

OAKLAND, California, 6 de enero de 2021 /PRNewswire-HISPANIC PR WIRE/ — Blue Shield of California anunció hoy que la Dra. Myechia Minter-Jordan, M.D., MBA, se ha incorporado a su junta directiva. Como resultado de este nombramiento, el cuerpo directivo del plan de salud no lucrativo es mayoritariamente femenino por primera vez en sus 82 años de trayectoria.

Dr. Myechia Minter-Jordan

La Dra. Minter-Jordan es presidente y directora ejecutiva de DentaQuest Partnership for Oral Health Advancement y de Catalyst Institute, una organización no lucrativa enfocada en mejorar la salud general de las personas, las familias y las comunidades a través de una mejor salud bucal. También fue cofundadora de Community Care Collaborative, la principal organización responsable de la salud (ACO, por sus siglas en inglés) de Medicaid a nivel nacional, la cual está integrada por 19 centros de salud aprobados por el gobierno federal (FQHC) que atienden a más de 100,000 pacientes en Massachusetts.

«Mi pasión es la salud comunitaria y el papel clave que desempeña en el sistema de salud estadounidense, lo cual es también parte esencial de la misión no lucrativa de Blue Shield of California«, dijo la Dra. Minter-Jordan. «Me siento honrada de incorporarme a la junta directiva de Blue Shield y de colaborar en la transformación de nuestro sistema de salud a fin de ofrecer una atención de alta calidad que sea sosteniblemente económica para todos».

Su nombramiento se produce tras la designación en otoño del año pasado de Kristina (Kris) Leslie como la primera mujer presidente de la junta del plan de salud. La junta directiva de Blue Shield está ahora integrada por siete mujeres y seis hombres.

«Este es un momento estimulante para incorporarse a una compañía innovadora como Blue Shield of California«, dijo Leslie. «La experiencia y el conocimiento de la Dra. Minter-Jordan nos ayudarán enormemente, y todos esperamos trabajar con ella para transformar el cuidado de la salud en California y más allá».

Antes de incorporarse a DentaQuest en 2019, la Dra. Minter-Jordan trabajó 12 años en Dimock Community Health Center, donde ocupó varios cargos incluyendo el de presidente y directora ejecutiva. Dimock es el segundo sistema de salud más grande del área de Boston. La doctora completó sus estudios en la Facultad de Medicina de la Universidad Brown y en la Facultad Carey de Negocios de la Universidad Johns Hopkins, donde también trabajó como médico tratante e instructora de medicina.

Blue Shield of California es líder en diversidad e igualdad de género. De hecho, las mujeres presiden actualmente cuatro de los cinco comités permanentes de la junta. El plan de salud también logró la igualdad salarial para sus empleados de todo género y origen étnico en 2018, tiene una representación equilibrada de mujeres y hombres en cargos de liderazgo (director y superior), y recientemente fue seleccionada por Parity.org como una de las mejores compañías para el progreso de las mujeres en los Estados Unidos.

Acerca de Blue Shield of California
Blue Shield of California está dedicada a crear un sistema de salud no sólo digno de su familia y amigos sino además sosteniblemente económico. La organización no lucrativa tiene un estado tributario no exento, es un miembro independiente de Blue Cross Blue Shield Association y cuenta con más de 4 millones de clientes, 6,800 empleados y más de $20 mil millones en ingresos anuales. Fundada en 1939 en San Francisco y con sede actual en Oakland, Blue Shield of California y sus subsidiarias ofrecen planes de salud para cuidados médicos, dentales, de la vista, Medicaid y Medicare en California. Desde 2002, la compañía donó más de $500 millones a la Fundación Blue Shield of California para el beneficio de las comunidades de California.

Para leer más noticias acerca de Blue Shield of California, visite nuestro Centro de noticias en español en https://es.news.blueshieldca.com/.

O síganos en LinkedIn, Twitter o Facebook.

CONTACTO: Mashi Nyssen
Blue Shield of California
510-607-2359
media@blueshieldca.com

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FUENTE Blue Shield of California

Con las transacciones digitales por lo alto durante la época de fiestas, MoneyGram reporta cifras récord de crecimiento online

DALLAS, 6 de enero de 2021 /PRNewswire-HISPANIC PR WIRE/ — MoneyGram International, Inc. (NASDAQ: MGI), líder mundial en pagos persona a persona y transferencias de dinero internacionales, anunció hoy una cifra récord de transacciones online durante la época de fiestas. Para el mes de diciembre, MoneyGram Online (MGO) presentó un crecimiento interanual de transacciones internacionales del 142 %, y reportó la mayor cantidad de transacciones en un mismo mes de su historia. Impulsado por un uso intensivo de la aplicación y…

DALLAS, 6 de enero de 2021 /PRNewswire-HISPANIC PR WIRE/ — MoneyGram International, Inc. (NASDAQ: MGI), líder mundial en pagos persona a persona y transferencias de dinero internacionales, anunció hoy una cifra récord de transacciones online durante la época de fiestas. Para el mes de diciembre, MoneyGram Online (MGO) presentó un crecimiento interanual de transacciones internacionales del 142 %, y reportó la mayor cantidad de transacciones en un mismo mes de su historia. Impulsado por un uso intensivo de la aplicación y la posibilidad de hacer envíos directamente a cuentas bancarias y billeteras móviles en tiempo real, cada país donde funciona MGO presentó una cifra récord de transacciones en el mes.

«Durante estos tiempos inciertos, cuando la confiabilidad, la velocidad y la asequibilidad, combinadas con una novedosa oferta digital han sido más importantes que nunca, los clientes siguen eligiendo la marca MoneyGram en cifras récord», comentó Alex Holmes, presidente y director ejecutivo de MoneyGram. «Nuestro crecimiento en esta temporada de fiestas es otro hito importante para nuestra transformación digital centrada en el cliente, y toda la compañía está increíblemente emocionada por el impulso rampante del negocio directo al consumidor».

MoneyGram anunció anteriormente gran confianza en los consumidores a inicios de la temporada de fiestas 2020, y el crecimiento de las transacciones en diciembre resalta una vez más la resiliencia de los clientes de transferencias internacionales para apoyar a sus seres queridos en el exterior, a pesar de las dificultades económicas causadas por la pandemia de la COVID-19. Los clientes reportaron que el aumento de las necesidades de familiares y amigos en el exterior fue el principal factor que afectó las decisiones para enviar dinero en 2020, por encima de las situaciones personales como cambios en los ingresos. El envío de dinero para gastos de alimentos fue el más destacado de la lista, donde el 70 % de los encuestados reportó que quienes están en el exterior han necesitado más dinero para cuidar de sus familias. A los gastos de alimentos le siguen los de vivienda (55 %) y los de salud (52 %).

En la encuesta, los consumidores también reportaron que la pandemia causó que más familiares y amigos les solicitaran recibir el dinero por métodos digitales, como directamente a una cuenta bancaria o a una billetera móvil, en lugar de usar efectivo. En conformidad con estos hallazgos, durante el mes de diciembre MoneyGram registró el mes de más transferencias directas a cuentas bancarias en su historia. Este crecimiento estuvo impulsado por transferencias en tiempo real por medio de Visa Direct, que se incrementó en más del 500 % en el mes de diciembre en comparación con el año anterior.

«Nuestras capacidades digitales líderes, incluidas las transferencias en tiempo real y la mejor experiencia de usuario en la industria, siguen generando resultados fenomenales y estamos orgullosos de ser la mejor opción de transferencias internacionales de dinero para los clientes durante esta época de fiestas», mencionó Kamila Chytil, directora de operaciones de MoneyGram y líder del negocio digital de la compañía. «De cara al futuro, estamos enfocados en escalar aún más rápido y asegurar que nuestros clientes tengan la mejor experiencia digital que se pueda imaginar».

Acerca de MoneyGram International, Inc.
MoneyGram es un líder global en pagos persona a persona y transferencias internacionales de dinero. Sus capacidades orientadas al consumidor permiten que familiares y amigos envíen dinero de forma rápida y económica en más de 200 países y territorios, con 81 donde ya es posible hacerlo de forma digital.

MoneyGram aprovecha su moderna plataforma móvil de API y colabora con las principales marcas mundiales para atender a millones de personas todos los años a través de sus empresas abiertas al público y de sus empresas digitales dirigidas al consumidor.

Con una sólida cultura de innovación y un enfoque constante en el uso de tecnología para ofrecer la mejor experiencia a los clientes a nivel global, MoneyGram está liderando la evolución los de pagos digitales persona a persona.

Para obtener más información, por favor visite ir.moneygram.com y siga a @MoneyGram.

Contacto para los medios
Stephen Reiff
Media@MoneyGram.com 

MoneyGram Logo

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FUENTE MoneyGram

Mazda informa los resultados de las ventas de diciembre y de todo el año 2020

IRVINE, California, 6 de enero de 2021 /PRNewswire/ — Mazda North American Operations (MNAO) reportó hoy ventas totales en diciembre de 31,308 vehículos, logrando los mejores resultados de…

IRVINE, California, 6 de enero de 2021 /PRNewswire/ — Mazda North American Operations (MNAO) reportó hoy ventas totales en diciembre de 31,308 vehículos, logrando los mejores resultados de cualquier diciembre y un aumento del 18.2 por ciento en comparación con diciembre de 2019. Las ventas totales anuales del 2020 totalizaron 279,076 vehículos vendidos, un aumento del 0.2 por ciento en comparación con el 2019. Con 28 días de ventas en diciembre, en comparación con 25 en el 2019, la compañía registró un aumento del 5.5 por ciento sobre la base de la tasa de venta diaria (DSR) en diciembre. Con 309 días de ventas en el 2020, en comparación con 307 en el 2019, la compañía registró una disminución del 0.5 por ciento sobre la base de la tasa de venta diaria (DSR) para el año.

«En general, nuestras ventas mejoraron en el 2020, lo cual es notable si se consideran los eventos del año», dijo el presidente de MNAO, Jeff Guyton. «Este es el año que nadie esperaba, y el enfoque de Mazda para el 2020 se basó en 100 años de operaciones y en siempre encontrar formas innovadoras de alegrar la vida de las personas. Nuestra dinámica línea de productos, los programas comunitarios con fines específicos, la experiencia mejorada en los concesionarios y un nuevo socio financiero han contribuido a nuestro éxito».

Aspectos más destacados de las ventas 

  • Las ventas de la familia de crossovers de Mazda, incluidos el CX-3, CX-30, CX-5 y CX-9, totalizaron 220,457 para el año, un aumento del 11 por ciento en comparación con las del 2019. Las ventas de diciembre de todos los crossovers aumentaron un 20.8 por ciento con 25,671 vehículos vendidos.
  • Las ventas del CX-9 aumentaron 2.9 por ciento en el 2020 con 27,638 vehículos vendidos.
  • El CX-5 tuvo su mejor mes en diciembre, con un aumento de las ventas del 14.1 por ciento con 17,954 vehículos vendidos.
  • El mejor mes para CX-30 fue diciembre con 4,408 vehículos vendidos. Las ventas del CX-30 totalizaron 38,064 en el 2020.
  • Las ventas del MX-5 Miata aumentaron un 13.6 por ciento en el 2020 con 8,807 vehículos vendidos. Las ventas de diciembre totalizaron 694 vehículos, un aumento del 58.1 por ciento.
  • Las ventas anuales de vehículos de segunda mano certificados (CPO) totalizaron 66,193 vehículos, un aumento del 8.4 por ciento en comparación con el 2019. Las ventas de vehículos CPO totalizaron 5,945 vehículos en diciembre, un aumento del 23.9 por ciento en comparación con diciembre de 2019.

A pesar de sus desafíos, 2020 fue un año memorable para Mazda, ya que la marca se centró en los esfuerzos comunitarios y alcanzó varios objetivos en los EE. UU. Los anuncios principales incluyeron:  

Mazda Motor de México (MMdM) reportó ventas en diciembre de 4,843 vehículos, una disminución del 18 por ciento en comparación con diciembre de 2019. Las ventas de todo el año disminuyeron un 23.2 por ciento, con 46,117 vehículos vendidos.

Mazda North American Operations tiene su sede en Irvine, California, y supervisa las ventas, el marketing, las piezas y el servicio al cliente de los vehículos Mazda en los Estados Unidos y México a través de aproximadamente 620 distribuidores. Mazda Motor de México gestiona las operaciones de dicho país en la Ciudad de México. Para obtener más información sobre los vehículos Mazda, incluso la fotografía y la edición B-roll, visite el centro de medios de Mazda en línea en InsideMazda.MazdaUSA.com/Newsroom.

Siga los canales de redes sociales de MNAO en Twitter e Instagram en @MazdaUSA y Facebook en Facebook.com/MazdaUSA.

Mes en curso a la fecha

Año en curso a la fecha

Diciembre

Diciembre

% de cambio

% de venta diaria

Diciembre

Diciembre

% de cambio

% de venta diaria

2020

2019

interanual 

del mes a la fecha 

2020

2019

interanual 

del mes a la fecha 

Mazda3

3,256

3,175

2.6 %

(8.4) %

33,608

50,741

(33.8) %

(34.2) %

Mazda6

1,687

1,630

3.5 %

(7.6) %

16,204

21,524

(24.7) %

(25.2) %

MX-5 Miata

694

439

58.1 %

41.1 %

8,807

7,753

13.6 %

12.9 %

CX-3

437

1,409

(69.0) %

(72.3) %

8,335

16,229

(48.6) %

(49.0) %

CX-30

4,408

868

38,064

899

CX-5

17,954

15,734

14.1 %

1.9 %

146,420

154,545

(5.3) %

(5.9) %

CX-9

2,872

3,236

(11.2) %

(20.8) %

27,638

26,861

2.9 %

2.2 %

AUTOS

5,637

5,244

7.5 %

(4.0) %

58,619

80,018

(26.7) %

(27.2) %

CAMIONES

25,671

21,247

20.8 %

7.9 %

220,457

198,534

11.0 %

10.3 %

TOTAL

31,308

26,491

18.2 %

5.5 %

279,076

278,552

0.2 %

(0.5) %

*Días de venta

28

25

309

307

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FUENTE Mazda North American Operations

Pension Spending Supports $1.3 Trillion In Output, 6.9 Million Jobs, $192 Billion in Tax Revenue Across the U.S. Economy

WASHINGTON, Jan. 6, 2021 /PRNewswire/ — A new report finds that economic gains attributable to private and public sector defined benefit (DB) pensions in the U.S. are substantial. Retiree spending of pension benefits in 2018 generated $1.3 trillion in total economic output, supporting nearly seven million jobs across the nation. Pension spending also added nearly $192 billion to government coffers at the federal, state and local…

WASHINGTON, Jan. 6, 2021 /PRNewswire/ — A new report finds that economic gains attributable to private and public sector defined benefit (DB) pensions in the U.S. are substantial. Retiree spending of pension benefits in 2018 generated $1.3 trillion in total economic output, supporting nearly seven million jobs across the nation. Pension spending also added nearly $192 billion to government coffers at the federal, state and local levels.  

Pensionomics 2021: Measuring the Economic Impact of Defined Benefit Pension Expenditures, released today by the National Institute on Retirement Security (NIRS), calculates the national economic impacts of U.S pension plans, as well as the impact of state and local plans on a state-by-state basis.

The full report is available here. Register for the webinar here.

A map with downloadable state fact sheets regarding the economic impact of  state and local pension plans is available here.

«This study comes as the U.S. economy is under severe pressure – as manufacturing and retail sales have dropped, unemployment applications remain high, small business closures are accelerating, and corporations are warning of more layoffs and filing for bankruptcy. Especially at this moment, retirees’ spending of their pension income is critical for sustaining and stabilizing consumer spending, which supports millions of jobs across the nation,» said Dan Doonan, NIRS executive director and report co-author.

Retired Americans with a pension receive a stable income every month—even during a recession, which means they can continue spending at the same level as they did pre-recession. The same cannot be said for retirees relying heavily on savings for retirement income. These retirees may be fearful to spend their 401(k) savings during an economic downturn, a time when  U.S. businesses are already struggling. Thus, pensions can serve as economic stabilizers, similar to Social Security and unemployment insurance. 

«Given the economic stress facing state and local governments, it’s all the more important to understand the tax revenue generated from pension spending.  This tax revenue comes from two major sources: taxes paid by beneficiaries directly on their pension benefits and taxes from expenditures in the local economy, like sales tax on retail purchases. This is a stable source of revenue for governments, which will be increasingly important this year,» Doonan explained.

Pension spending supports jobs and the local economy where retirees reside and spend their benefits. For example, when a retired nurse receives a pension benefit payment, s/he spends the pension check on goods and services in the local community. S/he purchases food, clothing, and medicine at local stores, and may even make larger purchases like a car or a computer. These purchases, combined with those of other retirees with pensions, create a steady economic ripple effect.

This study finds that in 2018:

1.    $578.7 billion in pension benefits were paid to 23.8 million retired Americans, including:

  • $308.7 billion paid to some 11.0 million retired employees of state and local government and their beneficiaries (typically surviving spouses);
  • $105.9 billion paid to some 2.6 million federal government beneficiaries;
  • $164.1 billion paid to some 10.1 million private sector beneficiaries, including:
  • $44.2 billion paid out to 3.8 million beneficiaries of multi-employer pension plans, and
  • $119.9 billion paid out to 6.3 million beneficiaries of single-employer pension plans.

2.    Expenditures made out of those payments collectively supported:

  • 6.9 million American jobs that paid nearly $394.2 billion in labor income;
  • $1.3 trillion in total economic output nationwide;
  • $703.9 billion in value added (GDP); and
  • $191.9 billion in federal, state, and local tax revenue.

3.    Pension expenditures have large multiplier effects:

  • Each dollar paid out in pension benefits supported $2.19 in total economic output nationally.
  • Each taxpayer dollar contributed to state and local pensions supported $8.80 in total output nationally. This represents the leverage afforded by robust long-term investment returns and shared funding responsibility by employers and employees.

The largest employment impacts occurred in the real estate, food services, healthcare, and retail trade sectors.

Pension expenditures are especially vital for small and rural communities where other steady sources of income may not be readily found if the local economy lacks diversity. Recent research found that public pension benefit dollars represented between one and three percent of gross domestic product (GDP) on average among the 1,401 counties in 19 states studied in 2018.

The purpose of the Pensionomics 2021 study is to quantify the economic impact of pension payments in the U.S. and in each of the 50 states and the District of Columbia. Using the IMPLAN model, the analysis estimates the employment, output, value added, and tax impacts of pension benefit expenditures at the national and state levels. Because of methodological refinements explained in the Technical Appendix, the state level results are not directly comparable to those in previous versions of this study.

The National Institute on Retirement Security is a non-profit, non-partisan organization established to contribute to informed policymaking by fostering a deep understanding of the value of retirement security to employees, employers and the economy as a whole. Located in Washington, D.C., NIRS membership includes financial services firms, employee benefit plans, trade associations, and other retirement service providers. More information is available at www.nirsonline.org. Follow NIRS on Twitter @NIRSonline.

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SOURCE National Institute on Retirement Security

Diverse Students Encouraged to Apply for New Scholarship Program by Dominion Energy

RICHMOND, Va., Jan. 6, 2021 /PRNewswire/ — Dominion Energy is awarding $500,000 in scholarships in 2021 to assist African American and other underrepresented minority students who reside in the company’s service area. The scholarships will be the first made under the Dominion Energy Educational Equity Scholarship Program, a six-year, $10 million initiative to provide assistance with higher education expenses.

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RICHMOND, Va., Jan. 6, 2021 /PRNewswire/ — Dominion Energy is awarding $500,000 in scholarships in 2021 to assist African American and other underrepresented minority students who reside in the company’s service area. The scholarships will be the first made under the Dominion Energy Educational Equity Scholarship Program, a six-year, $10 million initiative to provide assistance with higher education expenses.

«As we witness our country’s evolving conversation on racial equity and social justice, we want to do our part to help historically underserved students,» said Robert M. Blue, Dominion Energy’s president and chief executive officer. «We know that education can serve as a springboard for social and economic mobility.»

«We have partnered with historically black colleges and universities for nearly 40 years, offering volunteer and financial support,» said Thomas F. Farrell, II, Dominion Energy’s executive chairman. «This scholarship program is another way for us to support the students who will one day lead our nation.»

The scholarship application period is open until Jan. 25, 2021 at 3:00 p.m. Central Standard Time.

To be eligible, students must:

  • self-identify as Black or African American; Hispanic or Latino; American Indian or Alaska Native; Asian; or Native Hawaiian or other Pacific Islander with higher education expenses; and
  • be high school seniors or graduates, or current college undergraduates residing in Connecticut, Ohio, West Virginia, Virginia, Maryland, North Carolina, South Carolina, Idaho, Wyoming or Utah, with plans to enroll full time at an accredited two- or four-year college, university or vocational-technical school for the entire upcoming academic year.

In all, 60 scholarships totaling $500,000 will be awarded in 2021. Of those, 20 scholarships of $5,000 each will be made available for students enrolled in two-year schools, while 40 scholarships of $10,000 each will be awarded to students enrolled in four-year schools. Scholarship recipients will be able to renew scholarships as they progress in school, provided they meet certain criteria, such as GPA requirements and residence in an eligible state. The program is administered by Scholarship America, a nonprofit that specializes in management of scholarship and tuition assistance programs. Scholarship America will support Dominion Energy in the selection of finalists.      

Students can learn more and apply at DominionEnergy.com/EquityScholarships.

The company also has committed $25 million to 11 historically black colleges and universities in Virginia, Ohio, North Carolina and South Carolina. The six-year «HBCU Promise» program will support endowments, capital projects, operating expenses and educational programs in clean energy.

About Dominion Energy
More than 7 million customers in 16 states energize their homes and businesses with electricity or natural gas from Dominion Energy (NYSE: D), headquartered in Richmond, Va. The company is committed to sustainable, reliable, affordable and safe energy and to achieving net zero carbon dioxide and methane emissions from its power generation and gas infrastructure operations by 2050. Please visit DominionEnergy.com to learn more.

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SOURCE Dominion Energy

Merger Mania Drives 2020 Upstream M&A Resurgence

AUSTIN, Texas, Jan. 6, 2021 /PRNewswire/ — Enverus, the leading energy SaaS and data analytics company, is releasing its summary of Q4 and Full Year 2020 U.S. upstream M&A. After an anemic start, 2020 upstream M&A accelerated dramatically in the second half of the year. Activity crested in Q4 with $27 billion, the third most active quarter by value since oil prices lost their footing in late 2014.

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AUSTIN, Texas, Jan. 6, 2021 /PRNewswire/ — Enverus, the leading energy SaaS and data analytics company, is releasing its summary of Q4 and Full Year 2020 U.S. upstream M&A. After an anemic start, 2020 upstream M&A accelerated dramatically in the second half of the year. Activity crested in Q4 with $27 billion, the third most active quarter by value since oil prices lost their footing in late 2014.

«Wall Street appears supportive of E&P deals, but with very specific expectations on deal structure and the quality of the merger target.» – Enverus M&A Analyst Andrew Dittmar

«As anticipated, additional merger activity during Q4 centered on E&Ps with high quality lands and reasonable debt loads,» said Enverus M&A Analyst Andrew Dittmar.

 

Consistent with earlier deals in 2020, all the big Q4 public company corporate deals were all-equity, low-premium combinations. «Wall Street appears supportive of E&P deals, but with very specific expectations on deal structure and the quality of the merger target,» added Dittmar.

While big corporate deals lifted M&A value in 2020, deal flow as measured by the number of announced deals fell to historic lows. There were only 140 announced deals with a reported value in 2020, the lowest annual total since at least 2006.

«There was very little appetite for buying upstream assets in 2020,» said Dittmar. «In particular, companies were unwilling to invest substantially in buying undeveloped land, a staple of past upstream deal markets.»

In 2021, upstream M&A is likely to normalize relative to the boom-and-bust cycle of large corporate deals or nothing during 2020. There is a substantial backlog of non-core asset divestments for companies to pursue.

Corporate consolidation is likely to continue as companies look for synergies to drive down their cost structures. However, there may be fewer very large corporate deals because so many of those were accomplished during the last year, winnowing the list of possible participants.

View Enverus’ full announcement including extended commentary and Top Five Deal Table.

About Enverus

Through its SaaS platform, Enverus is the leading data, software and insights company providing innovative technologies and predictive/prescriptive analytics, empowering customers to navigate the future. Enverus’ solutions deliver value to more than 6,000 customers in 50 countries across the upstream, midstream and downstream sectors, enabling the industry to be more collaborative, efficient and competitive. Enverus is a portfolio company of Genstar Capital. Creating the future of energy together. Learn more at www.enverus.com.

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SOURCE Enverus

Legislation Expands Reach of U.S. Semiquincentennial Commission

WASHINGTON, Jan. 6, 2021 /PRNewswire/ — On December 31, U.S. President Donald J. Trump signed into law legislation that expands the reach of the U.S. Semiquincentennial Commission, adding a justice of the Supreme Court, along with the Chairperson of the National Endowment for the Arts, the Chairperson for National Endowment for the Humanities, and the Director of the Institute of Museum and Library Services. 

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WASHINGTON, Jan. 6, 2021 /PRNewswire/ — On December 31, U.S. President Donald J. Trump signed into law legislation that expands the reach of the U.S. Semiquincentennial Commission, adding a justice of the Supreme Court, along with the Chairperson of the National Endowment for the Arts, the Chairperson for National Endowment for the Humanities, and the Director of the Institute of Museum and Library Services. 

The legislation also expands the geographic reach of the Commission’s meetings outside Philadelphia, creating greater opportunities to convene across the country and connect with Americans in all fifty states. In addition, the Commission shall have the exclusive right to use, and allow others to use, the intellectual property of the commission, including logos and other official marks.

«America 250 is a once-in-a-lifetime opportunity to engage all Americans in a celebration of the American spirit as we reflect on our past and look with hope to the future,» said Daniel M. DiLella, Chairman of the U.S. Semiquincentennial Commission. «Today’s legislation underscores the importance of this initiative, which will be the largest and most inclusive commemoration in American history with the opportunity to produce more than 100,000 national and grassroots programs, attract billions of dollars in resources, and promote tourism for cities and states across the country.»

«The year 2026 marks the 250th anniversary of American independence. The Semiquincentennial will serve to bring our nation together as we celebrate America’s history while also looking forward towards a better future,» said Senator Pat Toomey. «Pennsylvania plays an important part in America’s origin story, but a celebration this historic must be a national event, a point this legislation highlights. With the signing of this bill, the Semiquincentennial is poised to become an epic celebration of America’s history engaging Americans from all across the country.»

«I’m pleased we were able to work together on a bipartisan basis to get this bill passed,» said Congressman Dwight Evans. «The America 250 celebration will be a unique opportunity to remind everyone of our history and hopefully to bring Americans together around shared ideals.»

In late December, the House and Senate reached an agreement on a $1.4 trillion omnibus budget bill for Fiscal Year (FY) 2021. The budget includes $8 million for the Commission, to help with preparation for the America 250 celebration culminating in 2026.  The President signed the bill into law on December 29, 2020.

More information about the Commission’s vision and approach to programming can be found in Inspiring the American Spirit, its report submitted to the President on December 31, 2019.

About the U.S. Semiquincentennial Commission
The U.S. Semiquincentennial Commission was established by Congress in 2016 as the official body tasked with planning and orchestrating the 250th anniversary of American independence. The Commission aims to inspire all Americans and each American to participate in the largest and most inclusive commemoration in our nation’s history.  For more information visit www.america250.org and follow us on Facebook, Twitter and Instagram.

 

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SOURCE America 250

WindESCo’s WeBoost Platform Increases Annual Output by $3,000 per Megawatts for Longroad Energy’s 145 Megawatts Acquired Wind Plant

BURLINGTON, Mass., Jan. 6, 2021 /PRNewswire/ — Longroad Energy Holdings (Longroad), a US-based renewable energy developer, owner and operator, has increased its annual energy production (AEP) by 2.5% using the WindESCo WeBoost AEP optimization platform. Longroad chose <a target="_blank"…

BURLINGTON, Mass., Jan. 6, 2021 /PRNewswire/ — Longroad Energy Holdings (Longroad), a US-based renewable energy developer, owner and operator, has increased its annual energy production (AEP) by 2.5% using the WindESCo WeBoost AEP optimization platform. Longroad chose WindESCo, a pioneer in renewable energy optimization, to provide insight and actionable analytics to better optimize its wind assets.

Longroad has been using WindESCo’s yaw alignment technology since April 2018 and expanded its relationship with the company to leverage the complete WeBoost platform, as well as increase AEP at newly acquired farms.

«We’ve expanded our wind projects with WindESCo based on the success we have been having using this innovative and advanced technology,» says Jeremy Law, Vice President of Asset Management for Longroad. «WeBoost provides us not only with real-time insights on identifying how our wind farm is performing but also tells us what underlying issues we need to fix to unlock the hidden value which we could not do before. The insights have allowed us to get more out of our recently acquired wind assets.»

WindESCo WeBoost combines advanced analytics, proprietary algorithms, and domain expertise to identify, fix, and optimize hidden wind turbine potential. Using a combination of engineering, machine learning and experience models applied to SCADA data, WeBoost increases turbine output by detecting specific turbine underperformance and provides recommendations and specific actions to fix inefficiencies to continually optimize a wind farm’s maximum output.

«The majority of wind plants are not meeting their AEP contractual commitments,» said Mo Dua, WindESCo’s Founder.  «By applying WindESCo’s yaw alignment technology we move our customers towards their AEP contractual commitments and meeting their expectations. We are excited to continue to work with Longroad to find, fix, measure and repeat a process to generate more AEP as their trusted third-party partner.»

About Longroad Energy Holdings, LLC
Longroad Energy Holdings, LLC is focused on renewable energy project development, operating assets, and services. Today, Longroad owns over 1.4 GW of operational and under construction wind and solar projects across the United States. Its services affiliate, Longroad Energy Services, operates and manages 2.9 GW in total comprised of these projects plus 1.5 GW of wind and solar projects on behalf of third parties. Longroad is owned by the New Zealand Superannuation Fund, Infratil Limited, and Longroad’s management team.

About WindESCo, Inc.
Using patented technology, analytics, and deep domain expertise, WindESCo partners with renewable energy operators to increase AEP up to 7% by unlocking the wind’s hidden value. WeBoost identifies undetected underperformance , fixes turbines to capture that value, and measures the increase in output. With customers in Asia, Europe, and North America, WindESCo is leading the way to connected renewable energy plants that continuously unlock value by assessing and auto-optimizing wind plants for maximum energy production. The Company is headquartered in Burlington, MA, with offices in Seville, Spain, and Mumbai, India. To stay up-to-date on what we’re doing, visit us at www.windesco.com and follow us on LinkedIn or Twitter.

For Media Inquiries:
Neal Stein
(321) 473-7407
neal@redjavelin.com

 

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SOURCE WindESCo

Pandemic Gardening Boom Boosted 2020 Home & Garden Pesticide Sales

CLEVELAND, Jan. 6, 2021 /PRNewswire/ — A new Freedonia Group analysis of the $2.4 billion US home and garden pesticide market finds that <a target="_blank"…

CLEVELAND, Jan. 6, 2021 /PRNewswire/ — A new Freedonia Group analysis of the $2.4 billion US home and garden pesticide market finds that surging gardening activity during the Covid-19 pandemic boosted 2020 demand for garden herbicides, insecticides, fungicides, and other pesticides:

  • During the initial phases of lockdown, gardening activity boomed nationwide, but as many garden supply retailers reported record sales, they also found themselves sold out of products like seeds.
  • Home and garden pesticide suppliers like Scotts Miracle-Gro reported healthy year-over-year growth in their consumer segments for the second and third quarters of 2020. Strong sales were also reported by many industry participants through the summer and fall.

A quarter of US adults started gardening during the pandemic

Increased gardening activity was largely driven by people finding themselves at home with more free time, with 26% of adult respondents to the August 2020 edition of The Freedonia Group National Online Consumer Survey reporting that they started a food garden because of the coronavirus pandemic. However, many consumers also witnessed supply chain issues over this period, and home growing of food provided a sense of comfort and security. As a result, growth was particularly strong for vegetable gardening.

Although it is expected that some new gardeners will not return to the hobby in 2021, gardening will likely remain above pre-pandemic levels through 2024 as elevated interest in home food production persists and the uptick in remote working is likely to last to some extent.

Want to Learn More?

Home & Garden Pesticides and spin-off study Home & Garden Insecticides are now available from the Freedonia Group.

About The Freedonia Group – The Freedonia Group, a division of MarketResearch.com, is a leading international industrial research company publishing more than 100 studies annually. Since 1985 we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information. Studies can be purchased at www.freedoniagroup.com and are also available on www.marketresearch.com and www.profound.com.

Press Contact:
Corinne Gangloff
+1 440.842.2400
cgangloff@freedoniagroup.com

 

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SOURCE The Freedonia Group