Originally published on Illumina News Center

Illumina recently launched the MiSeq i100 and MiSeq i100 Plus Systems, two powerful, compact benchtop sequencers that incorporate more than 140 invention disclosures and 60 patent families. On our News Center, we are celebrating outstanding employees who helped develop this breakthrough technology.

“If you’re a kid who likes science, you sort of assume that your pick of profession is either a veterinarian, doctor, or astronaut,” says Illumina Associate Director of Scientific Research Erin Imsand. “No one tells you you can make technology that makes a difference in the world.”

In her academic and professional careers, Imsand has immersed herself in several different scientific disciplines—and this cross-functional experience has served her well. In fact, it may be her secret sauce.

She earned her bachelor’s in chemical engineering and researched green energy in a project commissioned by Hyundai. She received a PhD in biochemistry—having never taken an undergraduate course in the subject. She ran a yeast biochemistry team making biofuels for BP before she realized that clean energy was moving toward electric vehicles. “It became pretty clear that I was not going to see the launch of anything I was working on,” she says, “and that really matters to me.”

At the time, Imsand had friends working at Illumina who said they “definitely launched products.” She remembers thinking that launching products would fill her soul a little more. Imsand joined Illumina seven years ago in what was then called Life Cycle Management.

With a background in engineering and basic sciences, she fit nicely in Operations, in between the development scientists and the manufacturing team. She started working on some of Illumina’s oncology products, such as TruSight Oncology 500.

After about a year and a half, Imsand was approached about a project still in the concept stage—what would become the NovaSeq X. She was asked to help incorporate lyophilization (better known as “freeze drying”) into the product’s sequencing reagents, which had previously required dry ice shipping and cold storage. If they could pull it off, the process could stabilize reagent biomolecules, raising the temperature at which they could be shipped. Through a lot of hard work, Imsand and a team of scientists were able to map out a way to design the first Illumina product to use lyophilization—and ambient shipping.

But lyophilization of sequencing reagents could be pushed further—in addition to shipping, what if the reagents could be stored at room temperature? Imsand, having now moved to R&D, got the chance to experiment when she was asked to run the entire reagent team for the new MiSeq i100 project.

“Liquid is like a mosh pit for biomolecules,” she says. “They can jump around and crash into each other, and that mobility can drive the shelf life and thermal stability really, really low. That’s why we tend to freeze our reagents.” However, she explains, freezing only minimizes molecular mobility—it doesn’t stop it completely. Ice crystals can actually move in the frozen solid. Lyophilization uses a partial vacuum chamber to reduce the atmospheric pressure on a frozen material to the point where its water ice can transition directly from solid to gas, a process called sublimation. This removes nearly all the water content from the materialthe same way food is freeze dried. What remains is a dry powder or cake (like with NovaSeq X) or, in the case of the MiSeq i100, microspheres. A cartridge is filled with these solid little dry balls, which are later rehydrated on the instrument.

Lyophilization enables these new reagents to last far longer than previous versions, and the cartridges don’t need to thaw before use. “I think customers are really, really going to love being able to store the reagents on the benchtop,” Imsand says. “No more refrigerator space required. No more freezer space required.”

In addition to the microspheres, her team also developed the enzymes, fully functionalized nucleotides, and other materials that go into the reagents. Depending on the current phase of whichever program they’re working on, their activities range quite widely, from developing analytical methods, raw materials, or formulations, to establishing the processes to make them. Over the course of three years, she has worked closely with a number of teams, including the flow cell team (her reagents work on the flow cell), the cartridge team (who fill the cartridges with microspheres) and the operations team, whom they collaborated with to transfer the microsphere-making technology into a robust manufacturing process that’s continuously reproducible.

An evolving field and industry

What does it take to work with someone like Erin Imsand? “With our movement into lyophilization, we have graduated into a brave new world where you have to be a little bit equipment engineer, a little bit process engineer, a lot chemist,” she says. An ideal candidate is “someone who’s fearless, because there’s not a ton of industry precedent for what we’re doing.” The ideal candidate can also integrate multiple requirements into one system. “A lyophilized reagent, for example, has to be moisture tolerant; it can’t be super staticky or super foamy. You have to be able to think outside the box and not get too discouraged by hard problems.” Imsand adds that a person could have a PhD or not, a background in manufacturing, basic chemistry, engineering, or another area, and still be very successful on her team. “What’s nice is there’s almost no way you could come in with all the experience needed. You have to learn on the job.”

On the heels of launching two products that use lyophilization, Imsand envisions an exciting and innovative future for the genomics industry, and one that welcomes all kinds of talent. “We were the first company to do clustering chemistry on the sequencer—you used to have to buy two different instruments, one to do clustering, one to do the actual sequencing,” she says. “We made a patterned flow cell using a more cost-efficient manufacturing process to help drive sequencing costs down. We’ve had these big step changes in the industry driven by Illumina. I think lyophilization is going to be one of these next really big steps and I can’t wait to recognize my team. They were part of this, they did it, they pioneered it, and now we’ve just set a precedent that others will be following for the next decade.”

Originally published on GoDaddy LinkedIn

Welcome to the latest issue of the GoDaddy Venture Forward newsletter! Here we share our latest exclusive data, insights and news about small and microbusinesses.

Venture Forward is a GoDaddy research initiative started in 2018 to quantify the growth and impact of online microbusinesses on their local economies, and to provide a unique view into the attitudes, demographics and needs of these entrepreneurs. To date, Venture Forward has surveyed more than 50,000 entrepreneurs with a digital presence, making it the source for microbusiness data and insights. GoDaddy defines microbusinesses as small businesses with a unique domain, an active website and most often fewer than 10 employees.

If you haven’t already, subscribe to this newsletter to get updates in your LinkedIn feed each quarter!

Alexandra Rosen
Global Head, Venture Forward

Updated Microbusiness Data Hub

We refreshed the Venture Forward Microbusiness Data Hub through September 2024 across Australia, Canada, U.K. and U.S., including updated microbusiness density data, U.S. Microbusiness Activity Index and global e-commerce trends.

Here are two sets of rankings – the first by sector of the economy and the second by Microbusiness Density across geographies – for the U.S., U.K., Canada and Australia:

Top five e-commerce industries (based on order count) in each country:COUNTRYTOP2ND3RD4TH5THU.S.BeautyHealth/MedicalRetailFitness/WellnessFashionU.K.BeautyPetsHealth/MedicalFitness/WellnessRetailCanadaBeautyHealth/MedicalFitness/WellnessSportsAutoAustraliaHealth/MedicalBeautyFitness/WellnessEducationPetsSource: GoDaddy Venture Forward, Q2 2024Top five areas ranked by Microbusiness Density (the number of microbusinesses per 100 people) in each country:COUNTRYTOP2ND3RD4TH5THAustralia (SA3)Adelade CitySydney Inner CityMelbourne CityNorth Sydney – MosmanEastern Suburbs – NorthMicrobusiness Density66554Canada (Province)British ColumbiaOntarioAlbertaQuebecYukonMicrobusiness Density32221U.K. (Constituency)Cities of London and WestminsterStoke-on-Trent SouthSt AlbansHolborn and St PancrasHackney South and ShoreditchMicrobusiness Density2314998U.S. (Lg. Metros: pop. 400K+)New York, NYTulsa, OKLas Vegas, NVFt. Lauderdale, FLMiami, FLMicrobusiness Density2927202019      Source: GoDaddy Venture Forward, Q2 2024    

Download the data

GoDaddy Venture Forward Annual 2024 Report + New Interactive Landing Page

Venture Forward released its 2024 annual report across Australia, Canada, the United Kingdom and the United States with a new interactive landing page, including an customizable map with microbusiness data points over time on digital businesses with typically fewer than 10 employees. We invite you to explore and download the full report for extended insights and an exclusive dive into what’s happening with online entrepreneurs in 2024.

Top 10 States By Microbusiness Count GrowthSTATE1 year Microbusiness Count % Growth5 year Microbusiness Count % GrowthActive Microbusinesses July/Aug ’24Microbusiness Density July/Aug ’24Delaware65%359%381,54338.4Montana45%61%83,1327.6Nevada36%44%601,05819.4Washington31%50%720,8369.4Colorado24%30%598,24910.4New York21%29%1,832,2989.2California14%19%4,026,19710.2Florida14%32%2,471,41211.4Oklahoma14%57%289,6667.3Wyoming14%212%112,42119.5

2024 report highlights

Three-quarters of U.S. microbusiness owners relaunch after setbacks

75% of microbusiness owners who close a business don’t give up, even if their efforts didn’t yield a profit. Instead, they persist, launching new ventures. Of these, 39% become the main income for their households.

Microbusiness owners are placing greater confidence in themselves. They are less swayed by uncertainty in the economy. Only 39% say they are confident in the national economy. But 74% are optimistic about their business prospects in the next six months. Even among those pessimistic about the economy, one in four plans to hire within a year. Entrepreneurs are making decisions based on business needs rather than on the economy.

AI driving job creation in the United Kingdom

While some narratives suggest that AI may lead to the loss of jobs, GoDaddy’s data suggests that among microbusinesses it is quite the opposite. Entrepreneurs are using the technology to automate time-intensive jobs such as copy-writing (70%), summarizing information (51%) and content creation (40%), which is allowing many to focus on expansion.

Microbusinesses using AI are twice as likely to employ at least one other person than those that do not, while nearly half (47%) of employees are at AI-supported businesses work full time, compared to 34% of employees at non-AI businesses.

Meanwhile, in the next twelve months, more a third (36%) of entrepreneurs using AI plan to hire more staff, compared to one in six (15%) who are not. They were also three times as likely anticipate “substantial” workforce expansion in the coming year.

Other Key Findings

Also revealed in the GoDaddy Venture Forward 2024 US Report: “In 2021, we first revealed the outsized economic impact made by microbusinesses. Together with economists and academic researchers, we uncovered that they drove up jobs and annual household median incomes, and drove down unemployment. Specifically, the job impact has grown from two or more jobs created for every microbusiness in 2020, to over seven jobs for every microbusiness entrepreneur on a county-level.”

Economic Contribution: Microbusinesses, defined as businesses with fewer than ten employees, contribute to 7 jobs at the county level.Entrepreneurial Resilience: 75% of microbusiness owners demonstrate exceptional perseverance by relaunching their ventures after setbacks, showing their adaptability and commitment despite challenges.Technology Adoption: Entrepreneurs are increasingly leveraging digital tools and platforms, with significant use cases in e-commerce, marketing, and operational management, driving efficiency and competitiveness.Community Impact: Microbusinesses are vital to strengthening communities, creating opportunities, and fostering a sense of connection through hyper-localized operations.Growth Drivers: Small business owners identify personalized customer engagement, digital marketing, and innovative service offerings as key strategies for sustained growth in 2024.Migration Impact: Areas that saw more people move into their counties, also saw a greater increase in the density of microbusinesses. The farther the move, the greater the impact.

Read the full report

In The News

US

Microbusiness Owners’ Top Business Challenges and Opportunities Identified by GoDaddy Data – Small Business Currents

GoDaddy data points to high entrepreneurial activity across US states and cities, signalling opportunities to tailor products locally. A GoDaddy survey identified top challenges for microbusiness owners are marketing, accounting and healthcare, revealing areas for tailored solutions.

Read more in Small Business Currents

U.K.

The top five ways AI could help level the playing field for microbusinesses – Elite Business

GoDaddy surveyed UK small business owners and found 58% want the government to fund technology adoption, indicating a desire for tech subsidies. GoDaddy research suggests AI tools could significantly help microbusinesses compete by improving accounting, inventory and other tasks.

Read more here

Australia

Australian entrepreneurs thrive without degrees, GoDaddy finds – IT Brief

GoDaddy research found two-thirds of Australian entrepreneurs are succeeding without college degrees, showing opportunities to support non-traditional founders. Over 1.4 million Australians now have side hustles according to a study, pointing to a growing microbusiness economy especially since the pandemic.

Read more in IT Brief

Canada

Gen Z Entrepreneurs Ditching University In Favour Of Starting Their Own Businesses – Muskoka411

A GoDaddy study revealed 61% of Gen Z Canadians are skipping college to start their own businesses, highlighting motivated young entrepreneurs needing support. GoDaddy data shows microbusinesses are struggling to implement new technologies like AI, underscoring difficulties smaller companies face with digital adoption.

Read more in Muskoka411 here

Logitech Blog

Authored by Marie Perriard, Sustainability Marketing & Communications 

New to buying used? Finding hidden gems in a secondhand market can feel like you’ve hit the jackpot. The mix of satisfaction from finding the perfect item lower than its original price provides that sense of accomplishment. Logitech is making it easier to find top-notch refurbished devices online. In addition to refreshing both Logitech.com and LogitechG.com online shopping portals with more refurbished products, it recently unveiled its Certified Refurbished devices on eBay’s Refurbished brand store.

What Are Certified Refurbished Electronics?

Gone are the days of disposable tech. Today’s discerning shoppers see electronics as long-term investments. Refurbished devices are pre-owned devices returned to the manufacturer or retailer for various reasons. The devices are thoroughly tested, repaired if necessary, and restored to like-new condition. They undergo rigorous quality checks to ensure they meet high standards of performance and reliability.

Why Go Refurbished?

Cost-Effective: One of the biggest perks of buying refurbished devices is the price. Buying secondhand items or open-box returns from retailers can be a fraction of the price of new items, including name brand items. Whether it’s a top-tier gaming device, a high-end keyboard, or multi-function mouse, refurbished devices offer incredible value.Environmental Impact: Buying refurbished electronics reduces electronic waste and the environmental impact of manufacturing new devices. In the current age of climate consciousness, sustainability matters more than ever.Quality Assurance: No need to worry about quality. Reputable brands and retailers ensure that refurbished devices are thoroughly tested and meet stringent quality standards. Logitech Certified Refurbished devices are inspected by a third party and include the required accessories and manuals provided with new products, all fully restored and ready to deliver an exceptional experience. Plus, they have a warranty from the date of purchase.Longevity and Durability: People are moving away from the ‘throwaway’ culture and looking for products that last longer. Logitech Certified Refurbished devices undergo rigorous testing and repairs, making them just as durable and reliable as new ones.

Tips for Buying Refurbished Electronics

Buy from Reputable Sellers: Ensure you’re purchasing from reputable brands or certified e-tail and retailers. Look for warranties and return policies to protect your investment. Logitech and Logitech G sell Certified Refurbished devices directly online and through the eBay Refurbished Logitech brand store.Check for Certification: Certified refurbished products often come with a seal of approval or certification, indicating the devices have been tested and restored to meet specific standards. Before returning a product to the marketplace, a third party inspects Logitech products.Read Reviews: Customer reviews can provide valuable insight into the quality and reliability of refurbished products from particular sellers.

The rise of refurbished electronics is a testament to how consumer habits are evolving. People are becoming more mindful of their environmental footprints and looking for smarter, more sustainable ways to enjoy the technology we love. The next time you are considering a new device, why not give refurbished a try? It’s a savvy, sustainable choice that won’t break the bank – and you might find that buying secondhand feels more like first class.

Originally published on NRG Insights

By NRG Editorial Voices

Welcome to Culture in Focus, where we’re spotlighting the unique workplace culture at NRG through the stories of our greatest asset: our people. Our collective attitudes and values shape how we serve our millions of customers, and we’re thrilled to share conversations that illustrate how we power our purpose.

In this installment, we sat down with Executive Vice President and General Counsel, Brian Curci.

A championship football player, Philly cheesesteak enthusiast, and ultimate team player, Brian is the kind of down-to-earth advisor you want by your side at life’s critical junctures — those crossroads that make us question which way is up and how do we get where we want to be.

Brian’s journey to developing a great team is a purpose-filled one; he focuses on fostering a culture that feels authentic and collaborative.

“A great work culture is [the result] of what everybody brings to the table and believing in what you do as a company. You come to work in a place where you want to be, surrounded by people you want to be around.”

This isn’t something that can be fabricated, he acknowledges, and it’s also crucial for success. Reflecting more deeply on NRG’s culture, Brian shares, “I think about the DNA of this company, and when we’re tested — that’s when we’re at our best. That’s when we’re at our strongest. And the reason for that is because that’s when we’re really collaborating.”

Adversity is an opportunity for true growth for Brian, and collaboration and teamwork are essential survival skills; they’re also central to his leadership style. “I like to rely on everyone to play their position,” he explains, emphasizing that collective intelligence drives the most creative solutions.

The rewards of teamwork are also more satisfying. “I don’t find any enjoyment in taking sole responsibility for accomplishing something. I want the company to come together, and I want to lead in that way.” It’s an encouraging perspective from someone responsible for establishing and impelling high ethical standards at NRG.

Brian’s point of view brings to mind Coach K. The well-known Naismith Hall of Fame coach led Duke University teams across 42 years to win more games than any other Division I men’s basketball team. As revered as he is in the world of sports, he’s also renowned for his philosophy on leadership and team-building. “Don’t take your culture for granted,” he once said. “There needs to be a constant renewal of values that leads to camaraderie.”

Brian Curci embodies this philosophy, continually fostering a culture of collaboration, integrity, and shared purpose at NRG. Through his leadership, we’re reminded that we win together — and that’s powerful.

Want to connect with Brian? Visit his LinkedIn here.

Want to learn more about the unique culture at NRG Energy?

Be on the lookout for more installments of the Culture in Focus series.

Mastercard

At the tender age of 19, Alice de Crom dreamed of being a florist and owning her own shop. So her mom took a huge leap of faith and sold her house to finance Floralista Flower Studio in Fort Langley, British Columbia — and quit her job to work there alongside her daughter. Their story has a fairytale ending: Twelve years later, the de Crom women and Floralista are thriving.

This holiday, they are part of another enchantment come to life, complete with giant sugar cube forts taking over a coffee shop, a life-sized chocolate moose (not to be confused with “mousse”) at the candy store and a towering forest of flowers at — where else? — Floralista. These creations and more are part of an effort by Mastercard to sprinkle a little extra magic throughout Fort Langley and help small businesses make the most of the important shopping season.

“It’s like nothing I’ve ever heard of before,” de Crom says. “We are really excited to be a part of it.”

The vignettes are taken from “Cranberry & Crumm,” a bespoke fairy tale commissioned by Mastercard that tells the story of Cranberry, a newly-minted sprite tasked with bringing joy to a curmudgeonly mail carrier named Mr. Crumm. In Fort Langley’s IRL version, Cranberry attempts to cheer up Mr. Crumm while he walks his daily delivery route through its charming downtown. Each participating shop has been outfitted with fanciful storefront displays and art installations to illustrate the story. Free copies of the storybook are available to shoppers and families so they can follow Cranberry and Mr. Crumm at their own pace.

As they shop at each participating store, visitors have the chance to collect limited edition 3D puzzle pieces of Fort Langley’s historic district, a small town setting so quintessential it has served as the filming locations for “Once Upon a Time,” “Riverdale” and a host of Christmas movies. Free hot chocolate and other holiday treats await them at various points around town. At the end, shoppers will have enjoyed a fully immersive story adventure and collected a complete set of Fort Langley’s landmark buildings — as well as whatever goodies they purchase along the way.

This storybook experience was commissioned by Mastercard to support communities and the small businesses that power them year-round. Small businesses play a crucial role in strengthening local economies in Canada, contributing more than a third of the country’s private sector GDP in 2020. The “Cranberry & Crumm” shopping experience, which runs through mid-December, is expected to boost foot traffic and sales in Fort Langley. It’s the first of many immersive shopping experiences Mastercard will roll out across North America in 2025 and beyond.

“Small business owners represent the hopes and ambitions of their communities, and we are committed to supporting their growth and prosperity,” says Rustom Dastoor, Mastercard’s head of marketing and communications for the Americas. “We’re making their Main Street the talk of the town — and maybe even the nation — forging connections, propelling growth and making lasting memories.”

That support only starts with the card: Through Mastercard, small businesses can access funding opportunities to help grow their businesses, digital enablement and cybersecurity diagnostics, and tools and technology to create a seamless and secure online experience, with peace of mind paramount for business owners and their customers alike.

For shopkeepers like de Crom, the event is both a way to increase sales during a crucial time for small retailers and gain visibility: “By inviting people on this festive shopping adventure, we will bring them into our stores not only to take photos against a beautiful backdrop, but to actually spend money,” she says.

She has extra stock and a few more “ready-to-go” items this year, such as pre-lighted fresh garlands, in anticipation of the expected crowds that will come to experience the life-sized storybook.

“We wanted to make sure we had things at really good price points designed for people who are spontaneously shopping because they are here to participate in the story,” de Crom says. “It’s such a unique and super cool event. It will bring people in now and long into the future, so it’s going to benefit the entire town.”

Originally published by Mastercard

Follow along Mastercard’s journey to connect and power an inclusive, digital economy that benefits everyone, everywhere.

Authored by Baker Tilly’s Gideon Gradman

Time is running out to secure the Investment Tax Credit (ITC) for your biogas energy projects.

Many provisions of Internal Revenue Code (IRC) section 48, which define and codify the ITC for energy property, expire on Dec. 31, 2024.

Projects that begin construction after that date will need to qualify under the new credit regime of IRC section 48E Clean Energy Investment Tax Credits. Eligibility under the new regime focuses on producing electricity without producing greenhouse gas emissions. The new credit regime is essentially technology-neutral and focuses on the output of the process.

The shift from a technology-specific to technology-neutral credit program impacts many of the technologies that have qualified under the old regime. Some energy property types will be left out of the new regime, such as qualified biogas property and combined heat and power (CHP).

Take action now to secure your Investment Tax Credit under section 48. To qualify, you must meet certain milestones by Dec. 31, 2024. With the deadline fast approaching, now is the time to take action and ensure your project meets the necessary requirements. Missing this window could increase your capital costs and delay your tax benefits down the road.

What you need to know 

Any project owner looking to claim the ITC for their biogas project, CHP project or other renewable energy project must begin construction for tax purposes before the end of 2024.

How? In order to establish a qualifying construction start date – also known as meeting “begun construction” – a project must meet one of the following two tests by Dec. 31, 2024:

The 5% Safe Harbor Test: This test requires the expenditure of at least 5% of the facility’s total ITC-eligible costs, which encompasses securing a minimum financial investment toward the project’s development.The Physical Work Test: This test focuses on the initiation of physical work of a significant nature on the project. That means starting on-site material construction or manufacturing activities that are integral to the energy property, or beginning physical work off-site by procuring ITC-eligible equipment and beginning fabrication by year end. In either case, the physical work must be “significant.”

Taxpayers must demonstrate either continuous construction or continuous efforts between the date of begun construction and the date the project is placed in service. In addition, all work must be done under a binding written contract with the vendors involved, and costs must be paid and incurred prior to Dec. 31, 2024.

For additional information on this topic, read more here.

Next steps 

Of course, most projects hoping to take advantage of the section 48 ITC are well underway at this point. That said, if your project is still considering several options for securing the ITC, you need to quickly consider ways to begin construction using either the 5% Safe Harbor Test or the Physical Work Test – and be sure to document your activities thoroughly.

You also need to know where to ask for help.

Baker Tilly’s energy team serves many clients that have secured (and are looking to secure) IRA energy tax credits as they develop their biogas projects and other clean energy initiatives. As part of our comprehensive IRA compliance program, we assist clients with assessing and documenting project eligibility, begun construction requirements, prevailing wage & apprenticeship, domestic content, and energy community bonus credit compliance strategies and documentation.

If you need help navigating your ITC strategy, or any aspect of your IRA journey, or if you simply want to discuss your options, contact a Baker Tilly specialist today.

Originally published on October 17th on LinkedIn

Tune in as Sysco Chef Tse Richmond from our Pacific Northwest Region joins Pat Cobe on the Menu Talk Podcast to share her incredible culinary journey and some must-know insights for restaurant operators.

Chef Tse covers:

Her path to Sysco and what inspires her in the kitchenHighlights from our Fall 2024 Cutting Edge Solutions launchThe latest plant-forward trendsTips on using Spiceology spices to elevate your menuHow AI can spark creativity for restaurant operators

Check out the article here and scroll down to watch the bonus interview: https://bit.ly/4dP5Tci

About Sysco

Sysco is the global leader in selling, marketing and distributing food products to restaurants, healthcare and educational facilities, lodging establishments and other customers who prepare meals away from home. Its family of products also includes equipment and supplies for the foodservice and hospitality industries. With more than 76,000 colleagues, the company operates 340 distribution facilities worldwide and serves approximately 730,000 customer locations. For fiscal year 2024 that ended June 29, 2024, the company generated sales of more than $78 billion. Information about our Sustainability program, including Sysco’s 2023 Sustainability Report and 2023 Diversity, Equity & Inclusion Report, can be found at www.sysco.com.

For more information, visit www.sysco.com or connect with Sysco on Facebook at www.facebook.com/SyscoFoods. For important news and information regarding Sysco, visit the Investor Relations section of the company’s Internet home page at investors.sysco.com, which Sysco plans to use as a primary channel for publishing key information to its investors, some of which may contain material and previously non-public information. In addition, investors should continue to review our news releases and filings with the SEC. It is possible that the information we disclose through any of these channels of distribution could be deemed to be material information.

View original content here.

By Candace Higginbotham

Ever heard of the benefits cliff? It’s a term to describe the impact of a sudden or gradual decrease in public benefits that occurs when a family’s income exceeds the eligibility threshold for an assistance program.

People who participate in programs like Supplemental Nutrition Assistance Program (SNAP) and Children’s Health Insurance Program (CHIP) or receive childcare subsidies or child tax credits can face a benefits cliff when they get a raise, take a new job or simply work more hours.

This seemingly positive wage increase can result in an individual making too much money to receive the benefits – but not enough to sustain themselves and their household. In short, their income gain results in them being worse off financially than before the income gain (a benefits cliff), or no better off (a benefits plateau).

And that can have significant consequences for families and communities: it can keep people in low-wage jobs, discourage them from joining the workforce and influence other decisions that hold them back from long-term financial success.

Education and workforce readiness is one of Regions Bank’s community engagement priority areas and the bank offers wide-ranging support to community partners that provide job readiness programs, skills training and career coaching.

These organizations are well aware of the benefits cliff problem – and the lack of simple solutions. So, as part of its Important Insights series, the Regions Making Life Better Institute® recently hosted a webinar to provide tools and information to help community partners prepare their clients for some of the difficult realities of career advancement.

Regions invited Alex Ruder, Community and Economic Development director and principal adviser at the Federal Reserve Bank of Atlanta, to expand understanding of the benefits cliff.

Ruder began the discussion with a case study that demonstrates the benefits cliff and plateau, by walking participants through a familiar example: A person working full-time in a near-minimum wage job participating in public assistance programs wants to enter the health care sector to increase their career and financial opportunities. He outlined points in the person’s career trajectory where their net financial resources would actually decline or remain the same, even with pay raises, additional certifications and promotions.

According to Ruder, there are three potential ways for nonprofits to assist clients who may face a benefits cliff in their journey from entry level to a living wage job.

Coaching: Ruder advised community organizations to incorporate benefits coaching as part of career and financial discussions with clients. Encouraging individuals to set goals and make good financial decisions will help prepare them for a period of lower income. Ruder advised them to focus their clients on ‘thriving versus surviving’ – taking a long view of their career and life goals – and to take advantage of the Atlanta Fed’s Career Ladder Identifier and Financial Forecaster (CLIFF) suite of interactive career and financial planning tools. 
 Mitigation: Some states and governments are implementing supplemental programs to help mitigate the impacts of the benefits cliff. Ruder cited the new Florida School Readiness Plus Program that helps low-income families pay for childcare while lessening the effect of the benefits cliff when they’re no longer eligible for the School Readiness Program. It supports families in accepting opportunities for wage increases while not losing their entire childcare subsidy. 
 Employer Strategies: Ruder explained that the benefits cliff can negatively impact companies, as well as individuals. Employees may decline a promotion, opt to work fewer hours or reject opportunity for advancement for fear of the benefits cliff, and that can affect a company’s overall success. Employers are encouraged to find possible solutions to help people get through the cliff and to provide coaching for employees who are seeking career advancement. Importantly, Ruder says to make sure corporate leadership is aware of the benefits cliff and the challenges it presents to the company, industry and local economy.

“Building skills, getting certifications and pursuing new roles are proven ways people can advance their career and increase economic mobility,” said Leroy Abrahams, head of Community Engagement at Regions. “Engaging in dialogue with our community partners and workforce development experts helps foster prosperity in our communities.”

The webinar participants, representing community organizations around the country, welcomed the discussion and resources.

“This has been a terrific presentation and really makes me think of new ways to have conversations that are simple and purposeful that contacts can understand and feel confident regarding their future,” said Dr. Douglas Stewart of the Tennessee College of Applied Technology.

That’s the reaction that Gina Sian, head of the Regions Making Life Better Institute, was hoping for.

Investing in knowledge-sharing and skill-building opportunities like these deepen our understanding of the barriers that our communities face and helps us work collaboratively together toward meaningful solutions. 
Gina Sian, head of the Regions Making Life Better Institute

“Regions launched this program of free webinars four years ago to help our valuable community partners navigate challenges and provide technical assistance as they work toward their mission,” Sian said. “Investing in knowledge-sharing and skill-building opportunities like these deepen our understanding of the barriers that our communities face and helps us work collaboratively together toward meaningful solutions.”

PORTLAND, Ore., December 13, 2024 /3BL/ – Radius Recycling (NASDAQ: RDUS), a global leader in metals recycling, today announced the release of the Company’s Fiscal 2024 Sustainability Report. The report highlights the Company’s role in the transition to a low-carbon future by supplying recycled metals that are critical to the production of more sustainable products, including those associated with global decarbonization efforts.

“Nearly 10 years ago, we created a sustainability framework based on three pillars: People, Planet, and Profit,” said Tamara Lundgren, Chairman and Chief Executive Officer. “This framework is the foundation of our sustainability strategy and continues to deliver meaningful impact to all our stakeholders.”

The Company’s report showcases progress towards its multi-year sustainability goals, including a 30% reduction in greenhouse gas emissions at recycling operations versus its 2019 baseline, a 16% year-over-year reduction in total case incident rate, and the expansion of its International Organization for Standardization (ISO)-certified Environmental Management System to encompass 50% of Company facilities.

“Our achievements this year would not have been possible without all our employees living our Core Values of Safety, Sustainability, and Integrity and operating with the agility, resilience, and collaboration that have underpinned our success,” explained Lundgren. “I take great pride in highlighting our Company’s achievements and the steady progress we are making toward our goals.”

Radius annually diverts millions of tons of ferrous and nonferrous metals from landfills, supplies recycled metals to domestic and international customers, and produces some of the lowest carbon emission finished steel products available. “Our commitment to sustainable practices is embedded in our product and service offerings, daily operations, infrastructure investments, and stakeholder engagement activities,” commented Eric Potashner, Chief Sustainability Officer. “The benefit of our work has a lasting impact on our communities, the planet, and future generations.”

Selected Highlights from Radius Recycling’s 2024 Sustainability Report:

Recycled 4.9 million metric tons of ferrous and nonferrous metals, sold 3.8 million recycled auto parts, and sold 509,000 tons of low carbon emission finished steel products.90% of Company facilities were free of any lost time injuries.Maintained 100% net carbon free electricity across Company recycling operations for the fourth consecutive year.Expanded 3PR™ portfolio to support the rapidly growing and important service and supply chain solution that enables greater recycling rates, reductions in material going to landfill, an improved carbon footprint, and enhanced sustainability reporting.Increased employee participation in the Company’s 401(k) matching benefit program to 70%.Donated more than 1,300 employee volunteer hours across 23 states.

Recognized as a Global Leader

In fiscal 2024, several global organizations recognized the Company for leading performance in sustainability, ethics, responsible operations, and employee engagement.

Corporate Knights included Radius on its Global 100 List of the 2024 Most Sustainable Corporations in the World.Ethisphere Institute recognized Radius as one of 2024 World’s Most Ethical Companies® for the tenth consecutive year.Radius re-certified as a Great Place to Work® for the fourth consecutive year. 

About Radius Recycling, Inc.

Radius Recycling, Inc. (formerly Schnitzer Steel Industries, Inc.) is one of the largest manufacturers and exporters of recycled metal products in North America with operating facilities located in 25 states, Puerto Rico, and Western Canada. Radius has seven deep water export facilities located on both the East and West Coasts and in Hawaii and Puerto Rico. The Company’s integrated operating platform also includes 50 stores which sell serviceable used auto parts from salvaged vehicles and receive over 4 million annual retail visits. The Company’s steel manufacturing operations produce finished steel products, including rebar, wire rod and other specialty products. Radius began operations in 1906 in Portland, Oregon.

Radius Recycling:

Public Affairs & Communications: 
Eric Potashner 
415-624-9885 
epotashner@rdus.com

Investor Relations: 
Michael Bennett 
503-323-2811 
mcbennett@rdus.com

Company Info:

radiusrecycling.com

ir@rdus.com

Source: Radius Recycling, Inc.

Data provided by Thomson Reuters

Southern Company

The ANNIKA Women’s All Pro Tour has rapidly established itself as a springboard for emerging stars in women’s professional golf. In 2024, legendary golfer Annika Sörenstam and the ANNIKA Foundation forged a strategic partnership with the Tour, aiming to develop, empower, and advance the careers of the next generation of women’s professional golfers.

Southern Company and the ANNIKA Foundation are proud to unveil the ANNIKA 20 presented by Southern Company. This program reinforces the collaborative efforts of the Tour and Annika to cultivate and nurture the future generation of highly skilled women’s professional golfers.

“The work Annika and the ANNIKA Foundation are doing to further the game of golf and lift up women golfers around the world speaks directly to and aligns with our values at Southern Company,” said Chris Womack, chairman, president and CEO of Southern Company. “We are proud to partner with Annika to help grow that impact by expanding our partnership with the ANNIKA 20 initiative. This new initiative will help support and remove barriers for more prospective professional women’s golfers from around the world to pursue and live their dreams.”

The ANNIKA 20 presented by Southern Company program will recognize the top 20 athletes based on the 2025 Callaway Race to Qualifying points standings. These athletes will receive an LPGA Qualifying Series scholarship to offset the full expense of qualifying fees. The cumulative cost of LPGA Qualifying in 2024 was $5,500 per player if they advanced all the way to finals.

This partnership extends Southern Company’s involvement in golf, a sport that has long provided opportunities for the company to make an impact in the communities we are privileged to serve.

“With unwavering dedication, Annika and her Foundation lead the charge in empowering and nurturing the future of women’s golf,” stated Gary DeSerrano, president and CEO of the ANNIKA WAPT. “Our profound gratitude goes to Southern Company for their support of women’s golf, and in particular, their support of the ANNIKA 20 program. We anticipate seeing a lot of smiles next September.”

Annika said, “We are excited about our partnership with the WAPT, but we are especially thrilled to introduce such a special program to help these talented women pursue their dreams. I know it is hard starting out as a young professional golfer, and we are happy to help them reduce some of their costs. Our Foundation tries to develop, empower, and advance young women around the world, so this program fits perfectly with our mission. We are grateful to Southern Company for their continued support and desire to help expand access within women’s golf.”

The 2025 ANNIKA WAPT season kicks off in Alexandria, La., April 2-5 at the Coca-Cola Open, marking the first event on the 13-event schedule. The season concludes at the Heritage Classic in Wichita, Kan., September 3-6, where the ANNIKA 20 presented by Southern Company, will be honored for their outstanding achievements of the year.

About Southern Company

Southern Company (NYSE: SO) is a leading energy provider serving 9 million customers across the Southeast and beyond through its family of companies. Providing clean, safe, reliable and affordable energy with excellent service is our mission. The company has electric operating companies in three states, natural gas distribution companies in four states, a competitive generation company, a leading distributed energy distribution company with national capabilities, a fiber optics network and telecommunications services. Through an industry-leading commitment to innovation, resilience and sustainability, we are taking action to meet customers’ and communities’ needs while advancing our goal of net-zero greenhouse gas emissions by 2050. Our uncompromising values ensure we put the needs of those we serve at the center of everything we do and are the key to our sustained success. We are transforming energy into economic, environmental and social progress for tomorrow. Our corporate culture and hiring practices have earned the company national awards and recognition from numerous organizations, including Forbes, The Military Times, Fair360, Black Enterprise, J.D. Power, Fortune, Human Rights Campaign and more. To learn more, visit www.southerncompany.com.

About the ANNIKA Women’s All Pro Tour

The ANNIKA Women’s All Pro Tour (WAPT) was established in 2019 to provide a premier developmental opportunity for female golf professionals to hone their competitive skills while preparing for a life on the Epson and LPGA Tours. Through its partnership with the LPGA’s Epson Tour, the ANNIKA WAPT provides weekly opportunities for players to earn exemptions to select Epson Tour events. At the end of each season, the top five points winners on the Callaway Race To Q2 earn advancement directly to Stage II of LPGA qualifying and the top 20 on the ANNIKA 20 presented by Southern Company will be awarded an LPGA Qualifying Scholarship.

Follow the WAPT online at www.wapt.golf, on Facebook, Twitter, and Instagram.  

Media Contact

Marissa McCardell, Communications Director, ANNIKA WAPT marissa@kgsportsco.com 559-862-6850 cell

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