Tag: 3BL

Company was part of delegation led by German Vice-Chancellor Robert Habeck to Kyiv this weekBayer underscores commitment to Ukraine and to help rebuild the economyInvestment adds to earlier 200 million euro spending for seed production and multiple efforts to support Ukraine

LEVERKUSEN, Kyiv, May 26, 2023 /3BL Media/ – Bayer has revealed an investment of overall 60 million euros from 2023 onwards in its corn seed production facility Pochuiky, Ukraine. With this the life sciences company emphasizes its commitment to Ukraine and strengthens its Crop Science business in the country, contributing to rebuilding the economy. This investment includes a new seed dryer, state-of-the-art agricultural field equipment, storage facilities and the construction of two bomb shelters to ensure the safety of the Ukrainian colleagues who have been operating the facility and executing this investment project under very difficult circumstances.

“We stand with Ukraine. That was the case before the war broke out – and it’s even more so since then. Bayer has been active in Ukraine for many years and is committed to the country, its people and farming communities,” said Bayer’s Head of Public Affairs, Science and Sustainability Matthias Berninger. “Our investment underscores our commitment which is in full alignment with our vision of ‘Health for all, hunger for none’ and reflects the critical importance of the country in the global food supply chain. We will do our part to support the rebuilding plan for Ukraine and protecting food security for the region and for the world.”

Berninger attended a small business delegation on a visit to Ukraine led by Robert Habeck, German Vice-Chancellor and Federal Minister for Economic Affairs and Climate Action. The delegation which also included Oliver Gierlichs, Managing Director of Bayer Ukraine, discussed Germany’s commitment to the country and its people as well as the possibilities of an economic partnership. It was the first business delegation of the German government in Ukraine since the beginning of the war.

Prior to the war, the company made a significant investment of close to 200 million euros to establish corn seed production through a network of skilled Ukrainian farmers and the greenfield seed processing site in Pochuiky. The plant was inaugurated in 2018 and operates with around 100 on-site employees and about 250 to 300 seasonal workers. Bayer, with its plant, is one of the biggest investors in the region. Its taxes comprise about 25% of the local community budget. Bayer is actively involved in solving social issues of the local community in the Pochuiky village by investing in the construction of a new road and the local hospital, as well as continuously supporting the local school, kindergarten and library.

Pochuiky site investment in line with overall efforts of Bayer to support Ukraine

Bayer has been ramping up its efforts to support employess, customers and the Ukrainian people since the beginning of the Russian invasion. This included the donation of more than 40,000 bags of corn and vegetable seeds as well as healthcare product donations to help more than 30,000 patients, including Xarelto supplies, antibiotics, oncology therapeutics, and vitamins. Through a Bayer donation of 825,000 euros, the NGO Fondation Suisse de Déminage (FSD) purchased a large-size mechanical mine clearance machine (MV10 machine) which is able to process large areas of land such as farmland. Additionally, Bayer purchased six ambulances and 44 defibrillators for the Red Cross Ukraine. Throughout the war, Bayer has continued to pay employees their full salary and supports them with additional benefits such as monetary support, relocation, and sheltering.

“We are very proud of what our colleagues in Ukraine have accomplished in these unprecedented times to contribute not only to the country’s food supply and resistance, but also to defending the universal values of freedom and democracy. We will continue to support them and the country going forward,” said Oliver Gierlichs.

About Bayer 
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2022, the Group employed around 101,000 people and had sales of 50.7 billion euros. R&D expenses before special items amounted to 6.2 billion euros. For more information, go to www.bayer.com.

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Forward-Looking Statements 
This release may contain forward-looking statements based on current assumptions and forecasts made by Bayer management. Various known and unknown risks, uncertainties and other factors could lead to material differences between the actual future results, financial situation, development or performance of the company and the estimates given here. These factors include those discussed in Bayer’s public reports which are available on the Bayer website at www.bayer.com. The company assumes no liability whatsoever to update these forward-looking statements or to conform them to future events or developments.

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Alison Lewis, Kimberly-Clark’s chief growth officer, was a recent guest on the Purpose 360 Podcast with Carol Cone. In this episode, Alison shared more about Kimberly-Clark’s purpose-led, performance-driven culture, its commitment to activating brand purpose to challenge period stigma and uplift women and girls, why it’s critical to view purpose as multidimensional, how purpose can inspire innovation, and more.

“Being purpose-led means going back to your roots and tapping into the founding vision – at Kimberly-Clark, purpose is in our DNA. For more than 150 years, we’ve created products that solve real consumer problems. Our purpose of Better Care for a Better World is a deep commitment to making lives better for millions of people around the globe, with the smallest environmental footprint possible,” said Alison.

Listen to the full episode here.

About the Purpose 360 Podcast

Business is an unlikely hero: a force for good working to solve society’s most pressing challenges, while boosting bottom line. This is purpose at work, and it’s a dynamic journey. Purpose 360 is a masterclass in unlocking the potential of purpose to ignite business and social impact. Host Carol Cone illuminates the impacts of purpose, from engaging employees and fostering deeper consumer loyalty to inspiring product innovation and increasing market share.

As originally published by GoDaddy’s Venture Forward research initiative

Black Americans are gaining share in the online microbusiness economy. While this demographic faces unique challenges, Black online microbusiness owners are more optimistic than their peers. Microbusinesses are defined as companies with fewer than 10 employees, a unique domain, and an active website.

The Big Fact

Black-owned online microbusinesses now comprise one-sixth of the national total and about 1 in 2 Black-owned online microbusinesses started since 2020, according to GoDaddy’s most recent Venture Forward National Survey of online microbusiness owners who are customers. That’s more than five times the share of the pie for Black majority-owners across U.S. businesses of all kinds.

The Survey

GoDaddy’s Venture Forward initiative began in 2018 to quantify the impact of online microbusinesses on their local economies and provide a unique view into the attitudes, demographics, and needs of these entrepreneurs. The U.S. national survey started in 2019 and occurs twice a year, typically capturing responses from over 3,500 entrepreneurs per instance to identify and explore trends, as well as deliver insights to advocates of microbusiness entrepreneurs.

GoDaddy looks at more than 20 million online microbusinesses in the U.S. who have a unique domain and active website. While these microbusinesses may be small, their impact on the U.S. economy is outsized even though they are often too informal or too new to show up in government statistics.

The rosier view: Even though they’re twice as likely to say access to capital is a business challenge, Black microentrepreneurs are more optimistic about their business outlook (87% vs. 72% for the entire sample). Black microentrepreneurs are also the most likely to have started their business because they always wanted to be their own boss (33% vs 23%).

Serious business: They’re also more serious about their entrepreneurial intentions, with a greater likelihood of securingharboring long-term valuation aspirations. Only 11% of Black microbusiness owners view their business as a side hustle, compared to 77% of White respondents.

They also take their website and eCommerce even more seriously. Close to half of all Black-owned microbusinesses accept and fulfill sales orders through their website, compared to only 28% overall, per the Venture Forward National Survey.

Venture Forward

Since 2018, GoDaddy’s Venture Forward research initiative captures the outlook, needs and demographics of microbusiness owners and quantifies the outsized economic impact of over 20 million microbusinesses, down to the zip-code level. Venture Forward publishes for download its national survey data for the US and UK, and updates its US Microbusiness Density, US Microbusiness Activity Index and US Microbusiness Industry and Commerce datasets via the Microbusiness Data Hub on a quarterly basis.

INGLESIDE, Texas, May 22, 2023 /3BL Media/ – The Chemours Company (“Chemours”) (NYSE: CC), a global chemistry company, and Ingleside Independent School District (Ingleside ISD) announced a partnership through the company’s Chemours Future of Engineering, Science, Trades, and Technology (ChemFEST) program, to promote early engagement in STEM education in the Ingleside community.

The ChemFEST school partnership program is a company-wide effort designed to champion change toward a more diverse science, technology, engineering, and math (STEM) workforce. Through ChemFEST, Chemours is investing in middle schools in its footprint communities worldwide to ensure that younger students are exposed to STEM education early on. This is critical as research shows that proficiency and interest in STEM are most influential when initiated before students reach high school and begin choosing their courses. There will be more than 800,000 job openings in STEM-related fields over the next 20 years.

Ingleside ISD is a public school district based in Ingleside, Texas. In addition to Ingleside, the district serves the city of Ingleside on the Bay. Leon Taylor Middle School is the district’s only middle school and the center of the ChemFEST Partnership.

The ChemFEST school partnership model allows for customization to meet the needs of each partner school and the local community. In Ingleside, the partnership will support the Leon Taylor Middle School STEM curriculum for grades 6-8. All middle school students will benefit from the curriculum as it will be used to prepare students for the revised Texas Essential Knowledge and Skills exam and provide continuous professional development for staff members. Additionally, the partnership will allow Chemours employees to engage with students throughout the year, including STEM showcases, after-school events, mentorship programs, science fairs, and more.

On Tuesday, May 9, representatives from the Corpus Christi Chemours site presented a check to the Ingleside ISD School Board. During the meeting, Chemours Corpus Christi Site Manager Mark Reyes stated, “This ChemFEST partnership with Ingleside ISD includes a grant of $85k over the next three years. This initial investment will enhance STEM and science programs for all middle school students. We hope to make similar investments throughout the district that impact all Ingleside students to provide more exposure to STEM education and career opportunities to help build a more vibrant community.”

“We are thrilled to partner with Chemours, as they are a company dedicated to sustainable chemistry, innovation, and developing future leaders in the Coastal Bend. This partnership will provide students with a unique opportunity to learn about the exciting world of STEM and the critical role that robotics plays in shaping our future,” says Ingleside ISD Superintendent Troy Mircovich. “By engaging with industry professionals and participating in hands-on activities, students will develop the skills and knowledge they need to pursue careers in science, technology, engineering, and math. This collaboration is a powerful example of how public-private partnerships can create new pathways to success for young people and drive innovation in our communities.”

“All ChemFEST programs include multi-year financial support as part of Chemours’ Corporate Responsibility Commitment goal to invest $50 million to create and sustain vibrant communities. The time, talent, financial resources, and expertise of Chemours and its employees will be used to help meet each school’s needs with the goal of engaging and inspiring the next generation of STEM professionals. To learn more about Chemours’ ChemFEST school partnership program, visit www.chemours.com/chemfest.

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HOUSTON, May 25, 2023, /3BL Media/ – BikeHouston is celebrating the funding of 15 new bike stations and an electric cargo trike, thanks to a $50,000 grant from Green Mountain Energy Sun Club. The new electric cargo trike will eliminate the need for gasoline-powered vehicle transport for BikeHouston, while strategically placed bike stations with racks and air pumps at local businesses and trail entry points will encourage more usage.

“BikeHouston is committed to filling gaps in the bike network and taking down the barriers that keep people from getting on bikes,” said Joe Cutrufo, BikeHouston Executive Director. “We are grateful to Green Mountain Energy Sun Club for their generosity and look forward to Houston becoming a city where anyone can bike.”

BikeHouston was founded in 2004 on a mission to transform Houston into a city where anyone, regardless of who they are or where they live, can safely and easily get around by bike. The nonprofit is the only one in Houston focused on these issues and works to achieve this goal through partnerships, advocacy, education, and enhancing bike parking in the city, which is a primary factor in why people do not bike. Through BikeHouston’s advocacy, the City of Houston has made incredible progress with the continual expansion of parks and trails as well as safe on-street biking to provide access to these expanding parks and trails.

“Sun Club recognizes the importance and benefits of sustainable practices from organizations in the community,” said Mark Parsons, Green Mountain Energy vice president. “We are excited to play a role in the impact these new bike stations and electric cargo trike will have in supporting BikeHouston’s mission of promoting safe and accessible bike riding in the city of Houston.”

Green Mountain Energy, the nation’s longest-serving renewable energy retailer, founded Sun Club in 2002 to advance sustainability by partnering with nonprofit organizations engaged in meaningful work that supports the communities the company serves. BikeHouston is one of more than 150 projects to receive a sustainability grant since Sun Club’s founding. The grants are awarded to nonprofits seeking to implement projects promoting renewable energy, energy efficiency, resource conservation and environmental stewardship.

The first bike station installation from this grant is located at the headquarters of The Orange Show Center for Visionary Art. This location’s installation will provide bike accessibility for riders arriving from the Brays Bayou bike path in addition to making bike transportation and parking more accessible to the art center’s headquarters.

To learn more about BikeHouston and the 14 remaining bike stations being set up across Houston, visit bikehouston.org.

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About Green Mountain Energy Sun Club 
Green Mountain Energy is changing the way power is made and advancing sustainable communities through the work of Green Mountain Energy Sun Club. Since its founding in 2002, Sun Club® has donated more than $13 million to 156 nonprofit organizations across Texas and the Northeast. Sun Club collaborates with nonprofit organizations on projects that focus on renewable energy, energy efficiency, resource conservation, and environmental stewardship. To learn more about Green Mountain Energy and Sun Club or to apply for a Sun Club grant, visit greenmountain.com/sunclub.

About BikeHouston 
BikeHouston is on a mission to transform Houston into a city where anyone, regardless of who they are or where they live, can safely and easily get around by bike.

Media Contacts: 
Green Mountain Energy 
Jeanie Davey 
Jeanie.davey@greenmountain.com / 267-240-3047

CNH Industrial and ONE SMART SPRAY, a joint venture between Bosch and BASF, have signed a collaboration agreement to integrate the latter’s advanced spraying system within CNH Industrial’s agricultural brand product portfolios. The system’s integration will be led by the Raven team and will be commercially available via the global Case IH and New Holland Agriculture brands.

The ONE SMART SPRAY integration is an important solution that will fast track the further enhancement of CNH Industrial’s precision and automated spraying capabilities. It will do so through multiple cameras installed on a sprayer’s boom. This will provide customers with green-on-green (plant on plant) and green-on-brown (plant on soil) weed detection and selective spraying.

Precision is combined with digital tools and agronomic insights that are accessible via mobile devices to provide in-depth weed maps, track input and cost savings in real time and generate automated reports and data. These deliver farmers clean fields while maximizing herbicide savings, operational efficiency and sustainability. The system also allows farmers to set up their desired spraying operations both in day and night conditions to expand their operating windows.

The collaboration with ONE SMART SPRAY is the latest development in CNH Industrial’s AgTech product offering, which will continue to support the world’s farmers to farm more efficiently and sustainably.

Entergy seeks to capture the growth opportunities for the benefit of our customers, CEO tells shareholders at annual meeting

NEW ORLEANS, May 25, 2023 /3BL Media/ – Entergy continues to see significant business and industrial growth across its region over the next several years, said Chairman and CEO Drew Marsh, during the company’s 74th annual shareholders meeting that was held virtually today.

“We’re seeing significant business and industrial growth across our region over the next several years, which reflects the many competitive advantages of the Gulf region, recent geopolitical dynamics and supportive commodity trends,” said Marsh. “We also see an unprecedented growth opportunity in helping our customers achieve their own emission reduction goals, which begins with us reducing our customers’ indirect emissions and continues through electrification of industrial operations to reduce their direct emissions. This unique growth opportunity is starting to materialize now and will drive Entergy’s growth in the years and decades to come.”

To help foster industrial customers’ continued investment in the Entergy region and ensure prosperity for its customers and communities, the company continues to engage with its regulators and other key stakeholders to accelerate investments in resilience and strengthened infrastructure.

“These investments will reduce future storm restoration costs, help our customers and communities recover faster, and give our customers the confidence to make investments that help our communities thrive,” he said.

Marsh cited several milestones Entergy achieved in 2022:

“We continued to invest in renewable energy and other clean technology solutions. We issued requests for proposals for 5,500 megawatts of renewable projects, brought three solar facilities online and received approval for four new solar resources totaling 475 megawatts.”“We also issued an updated TCFD-aligned climate report and set a new interim climate goal to achieve 50% carbon-free energy capacity by 2030.”“Financially, we delivered with adjusted earnings per share in the top half of our guidance range for the seventh consecutive year.”“Our efforts to strengthen diversity, inclusion and belonging continued to yield positive results. We concluded 2022, as we did in 2021, with gains in both female and diverse representation toward the goal of reflecting the rich diversity of the communities we have the privilege to serve.”

Focused on the customer, leading on electrification

In 2022, Entergy actively worked to keep energy rates affordable for customers and communities.

Higher than usual temperatures last summer drove record energy usage, and this combined with higher natural gas prices and storm recovery costs produced higher electric bills. To help ease the burden, we worked closely with our regulators on a series of measures including applying shareholder donations to all Entergy operating companies for bill payment assistance programs. Those donations and our ongoing The Power to Care program accounted for $10 million in customer assistance.

We set up flexible payment arrangements and waived late payment fees for eligible residential customers. In addition to these direct financial actions, our employees conducted volunteer energy efficiency and weatherization events in several neighborhoods.

In partnership with nonprofit organizations, we’ve been working on additional ways to help customers who are facing ongoing challenges receive financial assistance from federal and state programs. In 2022, those initiatives translated into 41% more financial assistance received by our customers compared with the previous year.

We will continue making investments to reduce fuels costs through more efficient generation and renewable resources. By expanding our clean energy capacity, we will reduce our customers’ indirect emissions and continue through electrification of industrial operations to reduce their direct emissions.

“I am excited about Entergy’s future. Our employees have proven they are highly motivated to help power the lives of our stakeholders today, tomorrow and for future generations. They have demonstrated they are working for everyone and ready for anything. That is what our communities and customers expect from us, and that is what it takes to be the premier utility,” said Marsh.

“Fundamentally, we believe all our stakeholders have a very bright future ahead, and Entergy is championing a better electric future through lower carbon generation, reliable transmission and expanded customer use,” Marsh concluded.

Other business

Additional business conducted during today’s shareholder meeting:

Shareholders elected all 12 nominees to the company’s board of directors.Five management proposals related to the appointment of the company’s independent public accountants and executive compensation, among other items, were voted on and approved by shareholders.Marsh responded to several shareholder questions on a range of topics.

A replay of the meeting and responses to questions will be posted on Entergy’s Investor Relations website next week.

Read about Entergy’s growth opportunities ahead and view additional milestones from last year in our 2022 Integrated Report.

About Entergy

Entergy (NYSE: ETR) is a Fortune 500 company that powers life for 3 million customers through our operating companies in Arkansas, Louisiana, Mississippi and Texas. We’re investing in the reliability and resilience of the energy system while helping our region transition to cleaner, more efficient energy solutions. With roots in our communities for more than 100 years, Entergy is a nationally recognized leader in sustainability and corporate citizenship. Since 2018, we have delivered more than $100 million in economic benefits each year to local communities through philanthropy, volunteerism and advocacy. Entergy is headquartered in New Orleans, Louisiana, and has approximately 12,000 employees. Learn more at entergy.com and follow @Entergy on social media. #WePowerLife

Cautionary note regarding forward-looking statements

In this news release, and from time to time, Entergy Corporation makes certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include, among other things, statements regarding Entergy’s current financial and operational outlooks; industrial load growth outlooks; statements regarding its climate transition and resilience plans, goals, beliefs, or expectations; and other statements of Entergy’s plans, beliefs, or expectations included in this news release. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. Except to the extent required by the federal securities laws, Entergy undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Forward-looking statements are subject to a number of risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements, including (a) those factors discussed elsewhere in this news release and in Entergy’s most recent Annual Report on Form 10-K, any subsequent Quarterly Reports on Form 10-Q, and Entergy’s other reports and filings made under the Securities Exchange Act of 1934; (b) uncertainties associated with (1) rate proceedings, formula rate plans, and other cost recovery mechanisms, including the risk that costs may not be recoverable to the extent or on the timeline anticipated by the utilities and (2) implementation of the ratemaking effects of changes in law; (c) uncertainties associated with (1) realizing the benefits of its resilience plan, including impacts of the frequency and intensity of future storms and storm paths, as well as the pace of project completion and (2) efforts to remediate the effects of major storms and recover related restoration costs; (d) risks associated with operating nuclear facilities, including plant relicensing, operating, and regulatory costs and risks; (e) changes in decommissioning trust fund values or earnings or in the timing or cost of decommissioning Entergy’s nuclear plant sites; (f) legislative and regulatory actions and risks and uncertainties associated with claims or litigation by or against Entergy and its subsidiaries; (g) risks and uncertainties associated with executing on business strategies, including strategic transactions that Entergy or its subsidiaries may undertake and the risk that any such transaction may not be completed as and when expected and the risk that the anticipated benefits of the transaction may not be realized; (h) impacts from terrorist attacks, geopolitical conflicts, cybersecurity threats, data security breaches, or other attempts to disrupt Entergy’s business or operations, and/or other catastrophic events; (i) the direct and indirect impacts of the COVID-19 pandemic on Entergy and its customers; and (j) effects on Entergy or its customers of (1) changes in federal, state, or local laws and regulations and other governmental actions or policies, including changes in monetary, fiscal, tax, environmental, or energy policies; (2) the effects of changes in commodity markets, capital markets, or economic conditions; and (3) the effects of technological change, including the costs, pace of development, and commercialization of new and emerging technologies.

Contact

Bill Abler
504-576-3097
wabler@entergy.com

Cristina del Canto
504-576-4238
mdelcan@entergy.com

NEW YORK, May 25, 2023 /3BL Media/ – Showcasing mastery of the economic knowledge that helps young people achieve financial goals throughout their lives, student teams from Carmel High School of Carmel, Indiana, and Mt. Hebron High School of Ellicott City, Maryland, each earned first place finishes in divisions of the Council for Economic Education’s 2023 National Economics Challenge (NEC). With support from the Wells Fargo Foundation, more than 6,500 high school students entered the unique competition that engages, motivates and rewards high school students for their knowledge of economic principles and the world’s changing global economy.

Teams from Arizona, Connecticut, Georgia, New Hampshire, New York and Texas also earned finalist honors in the two NEC divisions.

“Our congratulations to the top finishers, the finalists and indeed to all students and educators who participated in the National Economics Challenge this year,” said Nan J. Morrison, CEE president and chief executive officer. “For these students, economics is not a mystery or a puzzle. The NEC makes learning economics fun by asking each team to apply its skills and knowledge to real world problems, while promoting collaboration and teamwork along with a healthy dose of competition – all useful capabilities for their futures.”

The tools of economic analysis also teach students to think logically, use data smartly, and build analytic and problem-solving skills, Morrison added. Requiring economics or personal finance courses in schools across America would help ensure every young adult can develop the skills the Challenge teams have shown. Yet only half the states require a course in economics, according to CEE’s latest Survey of the States.

“We’re excited to congratulate all of the incredible students who competed in the 2023 National Economics Challenge and also gained valuable financial capability skills that will be used throughout their lives,” said Bonnie Wallace, head of Financial Health Philanthropy at Wells Fargo. “Opening pathways to long-term financial stability and wealth building is a priority for Wells Fargo and we’re committed to providing our nation’s schools and educators with the resources and training needed to effectively teach personal finance and empower students to reach their financial goals.”

Working in teams with teachers and others serving as coaches, students across America competed for cash prizes, recognition, and bragging rights in state championships and ultimately in two divisional national finals held in New York City.

The winners of the 2023 NEC Adam Smith Division for advanced and returning competitors are:

First place: Carmel High School, Carmel, IN: Jordan Seigel, Amogha Paleru, William Kurlander, Richard Gao. Coach: Michelle Foutz.First runner-up: Phillips Exeter Academy, Exeter, NH: Jack Gordon, Dhruv Nagarajan, William Grewal, Zach Khambatta. Coach: Aykut Kilinc.Second runner-up: Hunter College High School, New York, NY: Amitai Gillon, Zhiyu Yang, Henry Burton, Alex Torres. Coach: Ellen Fox.Third runner-up: Gwinnett School of Mathematics, Science, and Technology, Lawrenceville, GA: Nathan Abraham, Angelina Zhang, Hana Burhani, Henry Bui. Coach: Elfi Funk.

The top teams in this year’s NEC David Ricardo Division for first-time competitors who have taken no more than one economic course are:

First place: Mt. Hebron High School, Ellicott City, MD: Nathaniel Ritter, Mehin Pandya, Joseph Phelps, Satvik Marripalapu. Coach: Vann Prime.First runner-up: The Taft School, Watertown, CT: Michael Xu, Rina Kurihara, Nikas Lukyanov, Lachlan Abbott. Coach: Kevin Danaher Jr.Second runner-up: St. John’s School, Houston: Anik Banerji, Brandon Wu, David Qian, Lucy Janssens. Coach: Joseph Soliman.Third runner-up: Hamilton High School, Chandler, AZ: Olivia Lu, Elysa Kan, Grace Zhang, Gowri Biju. Coach: Grant Lapinski.

CNBC senior economics reporter Steve Liesman moderated the final “quiz bowl” rounds in each division. Portions of the in-person final competition were broadcast live from Wall Street by CNBC.

About the Council for Economic Education: 

The Council for Economic Education’s mission is to equip K-12 students with the tools and knowledge of personal finance and economics so that they can make better decisions for themselves, their families and their communities. CEE does everything possible to bring this knowledge to over 4 million K-12 students annually, leveraging our network of national affiliates. We work to make sure financial and economic education is required in K-12 schools; we provide free training and resources annually to over 40,000 teachers to build their abilities and confidence; and we deeply engage students through our competitions and career programs to build skills for life. Find out more at councilforeconed.org and on Twitter, Facebook and LinkedIn.

May 25, 2023 /3BL Media/ – In honor of Small Business Month, SkysTheLimit.org (“Sky’s the Limit”) is shining a spotlight on the incredible potential of emerging entrepreneurs and offering a range of opportunities to support small businesses.

With over 11 million aspiring global majority entrepreneurs still lacking the role models, resources, and support they need to succeed, Sky’s the Limit stands as a beacon of hope this month providing the necessary tools and guidance for underrepresented entrepreneurs to launch their ventures and thrive.

“The majority of entrepreneurs on Sky’s the Limit are in the idea stage of their businesses,” said Bo Ghirardelli, Co-Founder and CEO. “There are few organizations that support entrepreneurs that early in their journey. Transitioning from that early stage to the successful launch of a business requires unwavering dedication. That’s why we are so proud to partner with some of the top companies and best professionals in the world to offer mentorship, education, and funding to help entrepreneurs chase their business dreams.”

This Small Business Month, Sky’s the Limit takes pride in celebrating the accomplishments of the thousands of entrepreneurs who have tapped into the nonprofit’s services to help advance their businesses, and the mentors who provided guidance and encouragement along the way.

“Through the advice and support provided I have a new pricing strategy in place that has the potential to 3X my revenue this year,” said Krystal Speed, Founder of HR Strategist.

“Both my mentors were amazing at sharing ideas and talking me through any ideas that I had. Because of their help, I was able to build my confidence and try different product ideas to truly get my brand seen,” said Erin Logan, Founder of W&W Galleria.

Read more about Krystal, Erin, and dozens of other inspirational entrepreneurs through the stories and transformative experiences they’ve shared here.

Through one-on-one virtual sessions on the Sky’s the Limit platform, traditionally marginalized entrepreneurs – typically those who identify as LGBTQI+, BIPOC, women, veterans, disabled people, and people from low-income backgrounds – connect with mentors to overcome business challenges.

Membership is completely free and is available at SkysTheLimit.org. To make it easier for mentors and entrepreneurs to grow together, the organization also offers free mentoring and project guides for mentors and entrepreneurs. Monthly startup grant opportunities are also available to entrepreneurs.

For more information about how to get your company involved in mentoring, please visit https://www.skysthelimit.org/partnerships.

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About SkysTheLimit.org: SkysTheLimit.org is a digital platform that connects young, historically excluded entrepreneurs with one-on-one support from experienced business advisors and mentors, entrepreneurship milestone training and tracking, and community-voted startup grants. SkysTheLimit.org is a 501(c)3 nonprofit.

FARMINGTON, Conn., May 25, 2023 /3BL Media/ – Otis Worldwide (NYSE: OTIS), the world’s leading elevator and escalator manufacturing, installation and service company, today joined a prestigious list of companies recognized as one of ‘America’s Climate Leaders’ by USA Today.

The honor went to companies across the United States that achieved the greatest reduction in their core emissions (Scope 1 and 2 greenhouse gas emissions) intensity between 2019 and 2021, in relation to revenue. Otis has a goal to achieve a 50% reduction of Scope 1 and 2 emissions by 2030.  

“This recognition validates the tireless commitment of our colleagues around the world who strive to make Otis a leader in sustainability year after year,” said Otis Vice President of Environmental, Health, and Safety Kevin Dix. “We’re inspired to do all we can to lead by example, limit carbon emissions, and help safeguard and preserve the communities where we live and work.”

The year-over-year reduction in emissions intensity (Compound Annual Reduction Rate) was calculated for all companies meeting the inclusion criteria. The companies with the highest CARR were named as one of America’s Climate Leaders 2023.

Otis was also recently named among America’s Most Responsible Companies by Newsweek. To read more about the company’s commitment to sustainability, please review Otis’ Environmental, Social, and Governance (ESG) report.

About Otis
Otis is the world’s leading elevator and escalator manufacturing, installation and service company. We move 2 billion people a day and maintain approximately 2.2 million customer units worldwide, the industry’s largest Service portfolio. Headquartered in Connecticut, USA, Otis is 69,000 people strong, including 41,000 field professionals, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. For more information, visit www.otis.com and follow us on LinkedIn, Instagram, Facebook and Twitter @OtisElevatorCo.