Target CEO Brian Cornell. (Getty)Target has hit the bullseye.The big box retailer is adding and renovating stores as well as warehouses as it thrives in the competition with Amazon and other internet retailers.The moves stem in part from Target’s stellar year: Its 2020 sales growth of more than $15 billion was greater than in the prior 11 years combined, the company announced Tuesday. Total revenue for the fourth quarter increased 21 percent to $28.3 billion.Read moreTarget to open 40 new stores a year; Q3 income jumpsWalmart’s plan to ship packages quicker: robot-staffed mini-warehousesTarget will open 27 new stores as Q2 sales soar Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Email Address* Tags Full Name* The retailer this year plans to open a warehouse in New Jersey and another outside Chicago staffed by robots, similar to micro fulfillment centers recently announced by Walmart.ADVERTISEMENTIf the first one works out, Target expects to open five others this year.Target will also renovate 150 stores this year — a plan that was paused when the pandemic hit. The Minnesota-based retailer did renovate two dozen stores and complete 29 small format stores last year, and plans to open 30 to 40 new stores annually, continuing a plan announced earlier this year.Target ended 2020 with 1,897 locations, up from 1,868 in February 2020. While Amazon pursues an almost entirely online strategy and big-box retailers such as Best Buy reduce their real estate footprints as internet sales increase, Target believes stores help connect it with customers.“The stores give us an incredible advantage” said Michael Fiddelke, executive vice president and chief financial officer, during an earnings call Tuesday.Contact Sasha Jones Message* Share via Shortlink RetailRetail Real Estatetarget
Interest rates on mortgages have hit record lows, but borrowers are being hit with higher fees, as banks look to protect their profit margins, according to figures from Moneyfacts.co.uk.The average interest rate on a two-year fixed mortgage fell to 2.52 per cent in February, down from 3.14 per cent a year earlier and the lowest level since Moneyfacts.co.uk, which compiled the data, began monitoring the sector in 2007.But while interest rates might be falling, banks are increasing the fees they charge borrowers to arrange a loan, with the average mortgage fee today being a full £68 higher than in June 2014 – hitting a 21-month high.Some of the fees borrowers are being asked to pay is nothing short of shocking – up to £7,499.“The current mortgage market boasts some of the lowest rates on record, which is great news for borrowers, but the increase in the average mortgage fee clearly shows that some of these headline grabbing rates are being compensated for elsewhere,” said Charlotte Nelson, from Moneyfacts.co.uk.“Some of the fees borrowers are being asked to pay are nothing short of shocking, with up to £7,499 being charged for some high value loans,” she added.interest rates mortgage interest rates mortgage rates fees April 12, 2016The NegotiatorWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Home » News » Mortgage rates hit nine-year low previous nextProducts & ServicesMortgage rates hit nine-year lowThe Negotiator12th April 20160563 Views
The Recreation Division has begun registration for the 2017-2018 Indoor Women’s Basketball League. The fee for the Indoor Basketball League is $300 per team. The fees collected will go towards the costs of running the program. The fee is non-refundable. The fee also includes a game shirt.Rosters of up to 25 players may be submitted any weekday from 8:30 a.m. to 4:30 p.m. at the City Hall Office at 630 Avenue C Room #13. The deadline for rosters & league fees is Friday, October 13. The season will tentatively start on October 23. Games will take place during the week at 7 p.m. and 7:45 p.m. Grammar school and high school players are not eligible to participate in the league.Additional information may be obtained by calling Pete Amadeo at (201) 858-6129 or email [email protected]
Google+ WhatsApp Google+ Twitter IndianaLocalNews Facebook WhatsApp Twitter (“Personal Income Taxes Ver3” by Chris Potter, CC BY 2.0) STATE HOUSE–You should be looking for the state to try and make up for some serious budget shortfalls in ways that might involve your money in one way or another. That could mean raising taxes, or perhaps raising some kinds of taxes.“A three to four billion dollar shortfall over this two-year budget is a pretty big hole to dig ourselves out of,” said Chris Watts, with the Indiana Fiscal Policy Institute, talking to IndyPolitics. He studies the state budget.Watts said in the federal government lawmakers would authorize the printing of money or would budget regardless of the debt. In Indiana, it’s not possible for lawmakers to do that.“We have a balanced budget amendment here and can’t just issue debt to cover these things,” said Watts. “So, any shortfall that we run we have to figure out a way to make cuts or raise new revenue to offset that in general.”Gov. Holcombs has already asked state agencies to curb their budgets by 15 percent. But, some big expenses are coming. Watts points out that because of the pandemic, more people will likely be signing up for Medicaid, which will put even more strain on the budget.The state has gone from a $2 billion surplus to being two to three billion in the hole in a matter of months. That will affect all government programs, including schools, though those schools have been promised their full money for now.“I think that there will have to be some serious consideration given to new revenue,” said Watts, when asked if raising taxes would be an option.He said that lawmakers will likely look for a way to raise some revenue without necessarily raising taxes in general.“For example, the state cigarette tax, for years now there’s this attitude, well let’s wait until we really have to pull that rip cord,” he said. “well, this is probably that time.” Facebook Pinterest By Network Indiana – June 24, 2020 13 647 Taxes could go up in Indiana Pinterest Previous articleCity of South Bend seeking feeback as 2021 budget planning beginsNext articleAttempted murder charge in April shooting in Elkhart Network Indiana
The culture of Earth Day New committee to advise Bacow on sustainability goals How the event moved environmentalism into legislatures, the boardroom, and the living room GAZETTE: Can you talk a little bit more about how the process will actually work?CAMPBELL: Initially, they will try to evaluate the carbon-footprint measurements that different data vendors provide. There are profit-making vendors and nonprofits that produce data like this. What that will tell you is that if you own so many shares of IBM, the carbon footprint of IBM is this much per dollar of market capitalization and thus you can calculate the carbon footprint of your investment. If you have a big portfolio of stocks, it’s just a matter of adding that up across all the stocks you own. Now, some of Harvard’s managers may invest in a way in which Harvard knows exactly what they own, in which case HMC can do the calculation. In other cases, Harvard will have to ask the asset manager to do the calculation and report it back so that Harvard can understand what’s in the portfolio now. The next natural step would be for HMC to say to its managers, “We want to hire managers who will buy stocks that meet our return goals while also reducing the carbon footprint of the portfolio over time.” There are asset managers who have the capacity to do that. This is already being done. So that’s the world of publicly traded companies.But of course, a lot of the portfolio is invested in private companies through private equity firms. HMC will have to go to those private equity managers and go through the same process. The data sources that are available on carbon for public companies may not yet be available for private companies, but HMC can push for this to be developed, for this to be made available. And that is actually part of the value that Harvard will create. By taking a lead and by asking managers to do this, Harvard can hopefully push the whole asset-management industry toward carbon awareness. And then that’ll make it easier and cheaper for other investors to hop on the bandwagon.GAZETTE: Do you think this move will inspire other universities to take similar steps?CAMPBELL: I know that a lot of universities are under pressure from their communities, students, faculty, alumni, to do more on the climate issue, and to use their endowments to do it. Harvard is not unique in this respect. But for better or worse, Harvard is very much in the public eye, people notice what Harvard does. And I would not be at all surprised if other universities adopt similar policies — not necessarily identical, but with a similar spirit.Interview was edited for clarity and length. The Daily Gazette Sign up for daily emails to get the latest Harvard news. Related Harvard endowment to go greenhouse gas-neutral by 2050 The second point is that if Harvard is effective as part of a coalition with other investors and other players in society at changing the carbon profile of the whole economy, then the goal is that by 2050, the U.S. economy is net-zero. At that point, Harvard will no longer need to tilt its portfolio and only hold a subset of carbon-leading companies because all companies will be in the right place by 2050. That’s the goal. Along the way, there may be periods where Harvard is taking a stand on its principles and refusing to hold certain companies that remain in business that emit carbon, and those companies may have depressed prices and in a certain sense be bargains from a purely financial point of view. But that is the point of this type of portfolio tilt, to penalize companies that continue to be heavy carbon emitters in order to give them an incentive to change and to move toward the net-zero world that we hope to reach.GAZETTE: Given the current state of the economy, do you think this is a risky financial move for the University?CAMPBELL: These are indeed very hard times economically. The pandemic has had huge economic effects, and indeed it is going to be a period of very tight budgets for the University. Again, Harvard is not proposing to do anything immediately. It’s going to take a steady systematic approach. The management company has to make a plan and report back to the Harvard Corporation by the end of the year on what they’re going to do and how they’re going to do it. But I think the climate issue is big enough and important enough that we can’t put things off. We can’t be distracted by even an event as large as the coronavirus crisis. We have to work on our short-term problems and our long-term problems at the same time, and I think it’s to Harvard’s credit that we can do that.GAZETTE: How quickly will this shift begin to happen?CAMPBELL: It’s very important that the management company should start to do some things in the near future. This should not be a license to do nothing until 2040. And the policy encourages Harvard Management Co. to make a plan and begin to work on this now. There are many steps that will be required. In the world of public equity investing, where you’re buying listed companies on the stock market, there are already people selling data on the carbon emissions of companies. There are asset managers who are holding portfolios that include constraints on how much carbon footprint the portfolio can have. This is being done already, and HMC could begin to do that quite quickly. Where it will take longer is in direct investments and in private equity. Measuring carbon footprint in that world of private investments is harder. But again, I think what Harvard is trying to do is set an example and take the lead as a major investor to encourage, first of all, measurement. Then once you can measure, you can manage. Members see pressing need to act now on climate change University’s efforts to eliminate carbon footprint extend to investment portfolio Harvard announced the goal on Tuesday to have investments in its endowment reflect net-zero greenhouse-gas emissions by 2050, part of an expanded effort to reduce the University’s carbon footprint and address the urgent threat of climate change. Economist John Campbell, who served on the board of the Harvard Management Company from 2004 to 2011, says the shift is a major step for the University, one that could “push the whole asset-management industry toward carbon awareness.” The Gazette spoke with Campbell, the Morton L. and Carole S. Olshan Professor of Economics and former director of the Program in Asset Pricing at the National Bureau of Economic Research, about Harvard’s new strategy.Q&AJohn CampbellGAZETTE: What does this shift in investing mean for the University?CAMPBELL: I think it is a huge step. This is Harvard recognizing that climate change is such an important issue that it makes sense to orient everything the University does to respond to climate change, including investing the endowment. Traditionally, the endowment has focused solely on financial returns, with a few exceptions now and again. So, to state this goal in such an ambitious way, albeit at a distant future date, really puts the University on a path to very strongly change how the endowment is managed. I think it’s a major step.When I spoke to the faculty meeting in December I was pushing for this because I felt that the focus of the faculty on divestment of fossil-fuel producers was much too narrow, that what we need to do is encourage the users of fossil fuels to economize and to think of better ways to do things that reduce carbon use. It’s not just about the people who pump the oil. It’s also about industries like the airlines that fly planes that use the oil.GAZETTE: Could this move mean a drop in returns for the endowment?CAMPBELL: To the extent that the University expresses moral views about carbon emissions in its investment policy at a time when the overall market includes carbon-emitting companies, there will be some cost because you won’t be able to hold the whole market. And in fact, the more aggressively you do this and the more others join Harvard, as we certainly hope they will, if there’s a large group of investors who refuse to hold carbon-emitting stocks, that will drive down the prices of the stocks by raising the cost of capital for carbon-emitting companies. That means that those companies, as long as they’re still in business and still in the market, will be offering higher returns to investors who are willing to swallow their principles and invest in them.So I think that, in all honesty, one should go into a policy like this expecting to pay some cost in return. Now, there are two caveats to that. First, steps can be taken at a very modest cost in return by being clever about this and strategic and approaching it in a very systemic way. I don’t think that the early steps need to impose a very significant cost. “I think what Harvard is trying to do is set an example and take the lead as a major investor to encourage, first of all, measurement. Then once you can measure, you can manage.”
October 13-15 MAYVILLE – Drive-thru COVID-19 rapid testing will take place this week and next month in Chautauqua County.The Chautauqua County Health Department says testing clinics will be held in the east parking lot off of Peacock Street at the county office building in Mayville.Officials say residents will be swabbed and then may leave. Health Department staff will then run the tests, and contact patients with their results within two hours.Symptomatic patients should plan to isolate until results are received, officials say. This week, testing will take place Tuesday and Wednesday from 9 a.m. to 1 p.m.Testing will also take place throughout the month of October on the following dates:October 6-8 October 20-22 October 27-29Testing, officials say, is free and available to anyone who makes an appointment.Appointments can be made by calling 1-866-604-6789 during business hours, Monday Friday, 8:30 a.m. to 4:30 p.m.Over the weekend, 12 new cases of COVID-19 were reported in Chautauqua County on Saturday and Sunday.Last week, spots for the county’s first rapid testing site in Jamestown filled up in several hours with more than 60 people served. The clinics are possible through collaboration with the Chautauqua County Office of Emergency Services and the New York State Department of Health.Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window)
Ahh, ski season. It’s a short but sweet time of year, so all you snow enthusiasts can benefit from the surge of events, races, and workshops that our Blue Ridge resorts plan in a winter frenzy before higher temperatures start to melt away the fun. This time, fuel your competitive spirit at Wintergreen Resort near Charlottesville, Virginia for a slopestyle competition– the mountain’s second competitive event in the 2015 Winter Terrain Park Series – on January 31.Saturday evening, ski and snowboard participants will gather on the mountain to show off their freestyle skills. The event begins at 5 PM, after a registration period from 4 to 4:45 at the Wintergreen Snowsports Desk. Competitors will channel their inner Shaun White and compete for prizes from the judges. Plus, anyone who joins three out of the five slopestyle and rail jam events that Wintergreen will offer this season will be eligible to win grand prizes at the end of the series in March.The competition costs $25 and requires a valid lift ticket, but is also open to skiers and snowboarders of all ages and abilities. No matter what end of the snowsport spectrum you may fall on, from snow bunny to black diamond junkie, the Wintergreen Slopestyle event will make your day on the mountain even more exciting. Come compete, learn, and get inspired on the snow this Saturday at Wintergreen.
Renowned climber Alex Honnold recently shocked the climbing world by becoming the first person to ever complete a free solo ascent of El Capitan—a 3,000-foot granite monolith in the heart of California’s Yosemite National Park.Free soloing is a form of rock climbing that prohibits the use of ropes and other safety equipment.National Geographic‘s Jimmy Chin was along to document the historic achievement, and today the magazine released a 30 second video clip of the climb.The clips shows Honnold clinging to the side of El Cap with no safety equipment, the forest floor of Yosemite sprawling out in all directions thousands of feet below.“I don’t think the mountain looked that scary this morning,” Honnold told National Geographic Magazine after the historic climb. “Everything felt the same. I didn’t have much of a backpack, and the climbing just felt amazing. Not dragging 60 meters of rope behind you for the whole mountain, I felt so much more energetic and fresh.” In the wake of Honnold’s climb, the rock climbing community reacted with shock but mostly with respect and awe at the magnitude of what he had been able to achieve.Alpinist Magazine called Honnold’s feet “indisputably the greatest free solo of all time,” while climbing legend Conrad Anchor took to Facebook to say simply, “This man. Respect. Life goal realized.”
The last thing millennials want to think about when joining a company is saving for old age. What could seem more distant than retirement to fledgling employees just starting their careers?But with Social Security benefits guaranteed to scale back within the next 20 years, millennials need to now save more than ever to maintain a decent standard of living in their golden years. Wise business owners will take time to educate employees about planning for retirement. Further, they’ll offer robust savings options that attract driven, loyal team members who will help to establish a competitive market presence.The big three optionsThe 401k plan is the most traditional arrangement, and many companies match employees’ monthly 401k contributions. Millennials, and other employees, tend to favor this option, because it requires little effort to establish and they don’t have to consciously decide to put money into the account each month; an allotted amount is simply deducted from their take-home pay. Matching contributions are viewed as “free money,” so offering this option increases the odds of attracting and retaining top talent. continue reading » 15SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr
21 Azzure Street, Eight Mile Plains, Qld 4113A ZEN home in Brisbane’s south has landed a sale price that’s considered lucky across Asia.The six bedroom, four bathroom, double car garage home at 21 Azzure Street, Eight Mile Plains, sold with a proliferation of “8”s in its price tag: $1,358,888.The sale was listed as having been finalised on Thursday and was significantly higher than the suburb’s median sale price ($770,000).According to TravelChinaGuide, the number eight — pronounced as “Ba” in China — is considered auspicious because it sounds very similar to “Fa” which means make a fortune. The property held strong appeal given its location. The butler’s kitchen.“You’ll be the envy of everyone with this fantastic custom-built, architecturally-designed boutique home.”Features include an intercom system, 2.7m high ceilings, sunken lounge, two kitchen options — one with induction stove, electric oven, rangehood and stone benchtop — and a second running off it that was a butler’s kitchen with gas stove and external exhaust.She said the home was “in an unbeatable location” — minutes from the Warrigal Square Shopping Centre and in the Warrigal Road State School catchment. The main kitchen. The internal stairs are a strong design feature and lead to two wings with bedrooms.More from newsParks and wildlife the new lust-haves post coronavirus21 hours agoNoosa’s best beachfront penthouse is about to hit the market21 hours agoThe Zen house has oriental influences including timber highlights, a dramatic water feature inside its entrance and water elements off the kitchen.The property was built in 2006 on a 623sq m block.Eight Mile Plains is considered a high demand market with 575 visits per property compared to the state average of 327.Agent Zora Liu of LJ Hooker Sunnybank Hills had marketed the home as a one-of-a-kind property with a unique layout and five-star luxury features. So much room to move in the master bedroom. Looking towards the front door, dining and butler’s pantry from the sheltered deck.