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Jeffrey Ubben, Founder & CEO at ValueAct Capital, speaks on the Reuters Newsmaker event "The Future of Shareholder Activism" in Manhattan, New York, U.S., February 22, 2017. Ubben told investors in a memo he was winding down some funds and returning capital, two people familiar with the matter said on Wednesday. Ubben and Inclusive Capital, known as InCap, did not respond to calls and emails for comment. Last year more hedge funds closed their doors than launched, data from Hedge Fund Research show. More than two decades ago, Ubben, 61, who started his career at mutual fund giant Fidelity, founded ValueAct Capital in San Francisco.
Persons: Jeffrey Ubben, Andrew Kelly, Jeff Ubben, Ubben, InCap, Martha Stewart, John Paulson, Louis Bacon, Svea Herbst, Bayliss, Sabrina Valle, Josie Kao Organizations: ValueAct, Reuters, REUTERS, Capital Partners, Inclusive, Hedge Fund Research, Fidelity, Microsoft, Street Journal, Exxon, Rad Laboratories, Unifi Inc, Bayer, Svea, Thomson Locations: Manhattan , New York, U.S, San Francisco, Houston
"This orderly pause is a further step to rebuild public trust while we undergo a full safety review," Cruise wrote in a blog post. Last week, Cruise announced it would recall 950 robotaxis after a pedestrian collision. In October, the California Department of Motor Vehicles suspended Cruise's deployment and testing permits for its autonomous vehicles, effective immediately. "When there is an unreasonable risk to public safety, the DMV can immediately suspend or revoke permits," the California DMV said in a statement at the time. Last Thursday, Cruise announced a round of contractor layoffs.
Persons: Kyle Vogt, Cruise, Craig Glidden, Glidden, Organizations: Cruise Automation Inc, Southwest, General Motors, California Department of Motor Vehicles, California DMV, Federal, GM, CNBC Locations: Austin , Texas, San Francisco, California, Unifi
An airline worker was sucked into the engine of a Delta plane at San Antonio International Airport in Texas. A ground crew worker at San Antonio International Airport, Texas, was killed after being sucked into an engine on the tarmac. The board confirmed that the ground crew employee died after being "ingested" into the engine of the Airbus A319, the outlet reported. "An accident occurred on the ground at San Antonio International Airport (SAT) tonight that resulted in the fatality of an airline ground crew member," the airport said in a statement, per DailyMail.com. Airline worker Courtney Edwards, a mother of three, was similarly "ingested" into the engine of a plane in Alabama earlier this year.
Persons: Unifi, Courtney Edwards Organizations: San Antonio International Airport, Authorities, Morning, San Antonio International Airport ,, Delta, National Transportation Safety Board, Airbus, NTSB, Delta Air Lines, Aviation Locations: Texas, San Antonio International Airport , Texas, Los Angeles, Alabama
The city of Phoenix's aviation department, which runs the Phoenix Sky Harbor International Airport, has launched a childcare program for airport workers and plans to build a childcare facility on airport property. Since its launch, 37 airport workers have joined the program, which covers daycare costs partially. At Kelowna International Airport in British Columbia, Canada, construction is underway for a daycare primarily for children of employees who work on airport property. Cincinnati/Northern Kentucky International Airport is similarly weighing offering childcare on-site or nearby in a bid to offer attractive benefits to workers, said airport spokesperson Mindy Kershner. And then there are others - like Jared Barker, a 33-year-old baggage handler at Minneapolis–Saint Paul International Airport who quit and left the industry altogether last year after mass departures during the pandemic led to a heavier workload.
Fashion Faces Recycling Fees Similar to Other Industries
  + stars: | 2023-02-16 | by ( Dieter Holger | ) www.wsj.com   time to read: +7 min
Electronics and packaging companies have banded together to help pay for recycling programs under government rules. EPR programs charge producers tiny fees—often a fraction of a penny—on individual items to fund waste collection and recycling. The fees from the relevant products, such as packaging, electronics or clothing, then fund recycling, including infrastructure, collection, sorting and public communications. Recycling successEPR programs can significantly boost recycling rates, according to a study published this month from the Recycling Partnership, a nonprofit group. It is expanding its textile recycling beyond its customer network, which includes Levi Strauss & Co. and VF Corp. -owned The North Face.
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The BlockFi Rewards Visa® Signature Card initially launched with an annual fee, but it's been removed. Deciding whether to open a Bitcoin credit card relies on understanding the volatility of the market. Does the BlockFi Rewards Visa® Signature Card have an annual fee? Ultimately, this is the most important question in helping you determine whether this new BlockFi card — or any crypto-based rewards credit card — is a good fit for your finances. It's a bit more work — with additional implications on your personal finances — to open and close a credit card.
It's a signal of a shift in credit cards with fintech companies disrupting traditional rewards. Read Insider's guide to the best rewards credit cards. Beginning in the third quarter of this year, Unifimoney will offer the Unifi Premier, a credit card that allows the company's customers to invest their rewards in bitcoin, stocks, and gold. Throughout his career, he believes that most credit cards have too much if-this, then-that language that our minds don't bother to process. Credit card issuers have the resources and experiences to beat anyone at a portfolio level."
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