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There’s A New Retirement Normal For Public Employees: Supplemental Savings

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Late last year, Congress passed and President Biden signed SECURE 2.0 legislation as part of the Omnibus spending bill. Enactment of this legislation is a clear signal that policymakers understand the depths of the frightening retirement savings shortfall facing millions of Americans. The reasons are many for the nation’s retirement crisis – from rising costs to fewer pensions to longer life expectancy. Despite these challenges, one segment of the workforce has been on stable ground when it comes to retirement: the state and local government workforce. Today, the vast majority of state and local workers have a defined benefit (DB) pension, and nearly three-fourths of public employees participate in Social Security. Many state and local workers also are offered a retiree medical plan by their employer and have access to supplemental individual retirement savings plans similar to 401(k) accounts in the private sectors. … [Read more...] about There’s A New Retirement Normal For Public Employees: Supplemental Savings

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Navigating New Waters, Charting Routes In The Data Lakehouse

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Data is fluid. Information is fluid because it moves in between applications, services, functions, tools and the database systems it resides in. Information is fluid because it is increasingly channelled in real-time in contemporary data streaming environments - and information is fluid because it is constantly changing and morphing its form, value and structure across the many types of data that we now seek to manage in business. Information is also fluid because we channel some of it into data lakes, a term used to describe the pool of largely unstructured data that a business may not make immediate use of… but does still identify as potentially valuable. From the data lake we then get the data lakehouse , a hybrid term used to denote some of the structures we would find in a more ordered data warehouse with the expansiveness and lower cost functionality of the data lake. But, finding our way around the data … [Read more...] about Navigating New Waters, Charting Routes In The Data Lakehouse

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Recently Appointed Executive Chef Harrison Cheney Brings New Nordic Influence To Michelin Starred Restaurant Sons & Daughters

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Dining at San Francisco's Michelin-starred restaurant Sons & Daughters is an intimate experience, one in which refined hospitality and attention-to-detail meets new Nordic inspired cuisine prepared with an emphasis on both seasonality and sustainability. Recently appointed Executive Chef Harrison Cheney brings to Sons & Daughters over 14 years of formidable culinary experience, having spent a quarter of his culinary career at two Michelin-starred Gastrologik in Stockholm. Before that, he worked with acclaimed Michelin-starred chefs Phil Howard at The Square in London and Michael Tusk at Quince, and at The Ledbury at Notting Hill. Since becoming Executive Chef, he's introduced an impressive 18 course tasting menu that truly takes diners on a culinary journey, one that takes ingredients at their very peak of ripeness and refines them in exceptional ways that bring out the essence of their being. An example? The … [Read more...] about Recently Appointed Executive Chef Harrison Cheney Brings New Nordic Influence To Michelin Starred Restaurant Sons & Daughters

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Lower Prices, New Offerings On The Menu For Brewers Fans This Season

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin With a week to go before the annual Home Opener, the Milwaukee Brewers announced that fans attending games at American Family Field this season will be able to enjoy a handful of new concession items while saving a few bucks on some popular favorites. The price of a 16-ounce domestic beer highlights the list of 11 concession items that will receive a price cut of up to 15% this season, according to president of business operations Rick Schlesinger. In addition, 12 of the ballparks concession stands will offer a new “414 Value Menu,” featuring four items — junior hot dogs, junior nachos, a box of Cracker Jack and small sodas — that cost $4 each. The goal, Schlesinger said at a Monday press conference, was to provide variety, quality and quantity for fans while also trying to make the game day experience affordable for everyone. “We don’t want anybody to say they can’t come to a Brewers game because of the price,” … [Read more...] about Lower Prices, New Offerings On The Menu For Brewers Fans This Season

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New definition of public utility

March 28, 2023 by business.inquirer.net

After a 10-month wait, the implementing rules and regulations (IRR) of Republic Act No. 11659, the law that redefines the meaning and scope of public utility services, are now in place. The law amended the 85-year-old Public Service Act, which was the foundation of the 1987 Constitution’s provision that limits the operation of public utilities to Filipino citizens or organizations that are 60-percent owned by Filipinos. Henceforth, the term “public utility” shall apply only to persons or entities that operate, manage or control the following services: (a) distribution of electricity (b) transmission of electricity, (c) petroleum and petroleum products pipeline transmission systems, (d) water and wastewater pipeline systems, (e) seaports and (f) public utilities vehicles. The length of time it took to prepare the 43-page IRR is understandable because it involved 21 government offices and the modification of seven laws on the supervision of businesses engaged in public-oriented … [Read more...] about New definition of public utility

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Inside Giada De Laurentiis’ New Catering Company

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin For years, Giada De Laurentiis has been sharing her secrets to making delicious food. From her Emmy award-winning Food Network shows to her New York Times bestselling cookbooks, De Laurentiis has brought us into her kitchen to share her love for Italian and California-style cooking. But what if you could have Giada in your own kitchen? Enter Giada Catering , De Laurentiis’ recently launched Italian-inspired catering service based in Southern California. In this new business venture, the celebrity chef is bringing to life one-of-a-kind, immersive catering experiences with the help of Patina Restaurant Group . At launch, Giada Catering is offering four distinct menus (called “inspirations”), which come with complementary tablescape designs and curated cocktail pairings. These themes (Amalfi, Milan, Rome, California Italian) are inspired by De Laurentiis’ Italian heritage and experiences working as a private chef in Los … [Read more...] about Inside Giada De Laurentiis’ New Catering Company

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Anthony Volpe Caps Stellar Spring Training By Making The New York Yankees

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Over the years numerous players made their heralded debuts for the Yankees. When it comes to Anthony Volpe finding out he will be on the opening day roster his presence seems to be taking place with more hype than usual. Perhaps it is because ever since the Yankees announced Volpe was headed to the major league portion of spring training, the debate raged about whether he should head north for the regular season opener Thursday against the San Francisco. As the productive at-bats increased with more frequency, it was harder to ignore the results from the shortstop. And by late Sunday afternoon, the Yankees confirmed they saw enough good things out of their 2019 first-round pick to announce he was making the team. “My heart was beating pretty hard,” Volpe told reporters. “Incredible. I'm just so excited. It's hard for me to even put into words." The first clue was Volpe being spotted on the field calling his … [Read more...] about Anthony Volpe Caps Stellar Spring Training By Making The New York Yankees

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How Starbucks’ New CEO Is Trying To Brew Employee Trust

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin When Starbucks’ incoming CEO, Laxman Narasimhan, joined the company last October, he made an interesting (but very deliberate) choice about where to spend his time. Narasimhan donned one of the company’s signature green aprons and proceeded to attend 40 hours of training to become a certified Starbucks barista. When he officially took over the reins as CEO in March, Narasimhan indicated that he’d continue to serve as a barista for four hours a month, each time in a different Starbucks location. (He also pointedly noted that he expected his senior executives to do the same.) How and where a new CEO (or any leader, for that matter) spends their time says a lot about their priorities. You’ll typically find new, public company CEOs visiting with institutional investors, meeting with Wall Street analysts, huddling with the Board of Directors, etc. But attending a full week of frontline staff training? That’s generally not on … [Read more...] about How Starbucks’ New CEO Is Trying To Brew Employee Trust

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USTA’s National Tennis Center About More Than Hosting Tennis

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin The USTA's Billie Jean King National Tennis Center in Flushing, New York, hosts far more than tennis. The 46-acre site—home to the U.S. Open since 1978—still embraces all things tennis, but also welcomes a growing mix of events, from the upcoming Westminster Dog Show, Big 3 basketball, Fortnite World Cup Finals and All Elite Wresting. "We could bring in really almost anything imaginable," Chris Studley, the USTA's senior director for event services at the National Tennis Center, tells me. "We love anything." With a 45-year history of hosting tennis in New York, the National Tennis Center hasn't served as a major player in outside events (except for in 2008 when they hosted the WNBA's first-ever outdoor game). That approach changed when the center added a retractable roof on Arthur Ashe Stadium, the largest tennis stadium in the world, in 2017 and followed that up by opening the new Louis Armstrong Stadium, also with a … [Read more...] about USTA’s National Tennis Center About More Than Hosting Tennis

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A Look At How Cherry Blossom Trees Became A Symbol Of Spring—And Friendship—In The Capital

March 27, 2023 by www.forbes.com

Share to Twitter Share to Linkedin Few things herald the coming of spring in the United States like the blooming of the cherry blossom trees around the Tidal Basin in Washington, D.C. Although the National Park Service has deemed March 23, 2023, as "peak bloom" for the blossoms, March 27 is a bit more significant: It was on this day in 1912 that Helen Taft, wife of President William Taft, and the Viscountess Chinda, wife of the Japanese ambassador, planted two Yoshino cherry trees on the northern bank of the Potomac River near the Jefferson Memorial. The event was meant to celebrate what we become an iconic gift from the Japanese government of 3,020 cherry trees to the U.S. government. D.C. Cherry Blossom Tree History This wasn't the first significant appearance of Japanese cherry trees in D.C. In January 1910, 2,000 trees arrived from Japan, but they were infested with insects and nematodes, and were diseased. As a result, they had to be destroyed … [Read more...] about A Look At How Cherry Blossom Trees Became A Symbol Of Spring—And Friendship—In The Capital

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