Hudson's Bay Co. Chairman Richard Baker's plans to take the Canadian retailer private were dealt a setback as a prominent shareholder advisory firm came out against the deal. Institutional Shareholder Services Inc. urged investors to vote against Baker and his partners' plans to take the owner of Saks Fifth Avenue private for C$1.9 billion ($1.4 billion). The advisory firm said there was no clear reason offered by the company why shareholders should accept the deal when private equity firm Catalyst Capital Group Inc. has offered a higher price. "Given that significant defects have been identified with the sale process, shareholders cannot be confident they are receiving maximal available value for their shares," ISS said in its report. Gabriel de Alba, Catalyst's managing director, alleged that a group led by Baker had engaged in an "egregious pattern of conflicts, misrepresentations and self-serving games." That raises concern about unanswered questions "and what additional actions … [Read more...] about Hudson’s Bay take-private plan dealt blow by ISS
Gabrielle giffords
Growth projections collide with SF’s goal of zero net carbon emissions by 2050
The goal is tantalizing: Make San Francisco carbon neutral — meaning no net release of greenhouse gas emissions into the air — by 2050. Former Mayor Mark Farrell set the benchmark last year and Mayor London Breed accelerated the pace in September. But with the city’s economy booming and the population expected to swell to 1.2 million people, getting there could be incredibly difficult. “It’s time for us to start doing our planning work for the future,” said Doug Johnson, transportation planning manager with the city’s Planning Department. “Unfortunately, our future doesn’t look great right now.” The city is cobbling together a blueprint to meet San Francisco’s transportation needs for the next few decades, as development spreads south from the downtown core and a mega housing project rises on Treasure Island. Officials anticipate nearly 200,000 new jobs by 2050, boosting the total from 745,000 to 924,000 and putting … [Read more...] about Growth projections collide with SF’s goal of zero net carbon emissions by 2050
Key to Success Award Nominees Announced by Palatine Chamber
The Palatine Area Chamber of Commerce will honor individuals, businesses and organizations who've made a positive impact on the greater Palatine community at its Key to Success Holiday and Awards Event on Friday, December 13, 2019. "We offer a sincere congratulations to all the nominees who are making important contributions, and a difference in our local community–business and otherwise," said PACC Executive Director Steven Gaus. In addition to the awards presentation, a tasting showcase of local cuisine and sweet treats will be featured at the event from the following establishments: Cousin Subs, Tap House Grill, Los Takitos Taco Shop, Durty Nellies, Gianni's Cafe, Gordon Food Service, Pizza Bella, Nothing Bundt Cakes Kildeer, Morkes Chocolates and The Grand at Twin Lakes (who is also providing an open beer and wine bar). There are four awards for individuals and four for businesses and/or organizations that are among the honors given out at this annual event. The Key to … [Read more...] about Key to Success Award Nominees Announced by Palatine Chamber
Julia Louis-Dreyfus blasts ‘Saturday Night Live’ for ‘sexist’ environment when she worked there
close Video Fox News Flash top entertainment headlines for Dec. 9 Fox News Flash top entertainment and celebrity headlines for Dec. 9 are here. Check out what's clicking today in entertainment. Julie Louis-Dreyfus is opening up about her negative experience working on "Saturday Night Live." Louis-Dreyfus got her start on the NBC comedy show back in 1982 and remained a cast member for three seasons. While Speaking to Stephen Colbert at a Montclair Film event in Newark, N.J., the actress admitted she was "miserable" during her three-year stint on the show. JULIA LOUIS-DREYFUS ON WHY SHE DOESN'T WANT TO DO A 'SEINFELD' REUNION "It was a pretty brutal time, but it was a very informative time for me," she told Colbert via Daily Mail. A factor that played into her negative view of the show was its stereotypes and wild behavior she was initially "naive" to. She had dropped out of Northwestern University before graduation to join the show. 'SEINFELD' STAR JULIA … [Read more...] about Julia Louis-Dreyfus blasts ‘Saturday Night Live’ for ‘sexist’ environment when she worked there
Former Philadelphia Rev Deemed Unfit After 2nd Abuse Allegation
PHILADELPHIA — A former reverend at several Philadelphia catholic institutions has been removed from service after the Archdiocese of Philadelphia investigated allegations of abuse levied against him recently. He was previously accused of abuse in 2011. According to the Archdiocese, Reverend Monsignor Joseph L. Logrip, 74, was deemed unfit for ministry by the Archdiocesan Office of Investigations after he was accused of sexually abusing a minor in the early 1980s. Logrip served at Saint Monica from 1992 to 1994, Mater Dolorosa from 1994 to 2000, and Mother of Divine Grace from 2008 to 2010, all in Philadelphia. The Archdiocese learned of the allegation in late 2018 and was put on administrative leave and had his priestly faculties restricted in January 2019. The Archdiocesan Professional Responsibilities Review Board recently recommended to the Archbishop that Logrip was unsuitable for ministry based on a substantiated allegation of sexual abuse of a minor. Archbishop Chaput … [Read more...] about Former Philadelphia Rev Deemed Unfit After 2nd Abuse Allegation