A prominent Haywood County real estate agent was convicted in the motor vehicle death of two people. Billy Norris Case of Maggie Valley was sentenced to 60 days in prison, suspended for 24 months of unsupervised probation to be served consecutively.District Court Judge Richard Walker found Case guilty of two counts of death by vehicle relating to the June 6, 2015, motor vehicle accident that took the life of Joseph Dunlap and his wife Michelle Dunlap.The Dunlaps were riding their Harley Davidson motorcycle to the Shriners Parade taking place that day in Maggie Valley.Case and a friend were leaving the parking area of the Dollar General Store in Maggie Valley and proceeded to cross U.S. 19/ 276, intending to head east out of town when they hit the motorcyclists. The Dunlaps were ejected from their motorcycle in the accident. Joseph died at the scene and Michelle died shortly thereafter.Case’s attorney gave a verbal notice of appeal to the court in the case.
Thousands of North Carolinians enjoyed a welcome reprieve from work during the long Labor Day weekend, but many of them are returning to work today, making less money than they need to pay their basic bills.The minimum wage in North Carolina is $7.25 an hour, about $5 short of what some consider a living wage in the state.Marybe McMillan, secretary-treasurer of North Carolina AFL-CIO, says low wages trap workers in a cycle difficult to escape.“Unfortunately, far too many working people are struggling because they are stuck in these jobs that pay wages that don’t enable people to provide for their families,” she states.The AFL-CIO is among the groups behind the Fight for 15 campaign, aiming to raise the minimum wage to $15 an hour.New York and California recently raised their minimum wage to that amount.The issue of raising the minimum wage is among those being discussed in the presidential campaign, with Democratic Party nominee Hillary Clinton supporting a raise, and Republican Donald Trump at times opposing it and at other times supporting it.McMillan says studies show that entire communities benefit when everyone is paid a fair wage.“Working people are what drive our economy,” she stresses. “We are consumers, so when we earn a living wage, when we have more money in our pockets, we spend more at businesses.“We also are taxpayers, so we pay more in tax revenue which provides more revenue for our local government.”New research from the Economic Policy Institute and the Center for Economic and Policy Research found that the decline of unions in the U.S. is impacting the income of all workers.In addition, union workers earn 30 percent more on average than non-union workers.
To everyone who is celebrating the birthday of the United States on this Fourth of July holiday, I hope you have a wonderful celebration with your family and friends! Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to print (Opens in new window)Like this:Like Loading…RelatedGoogle Doodle Celebrates the Fourth of JulyLove today’s Google Doodle celebrating the Fourth of July holiday in the United States. https://youtu.be/zNucQdwXH9A With the “The President’s Own” United States Marine Band playing the Stars and Stripes in the background, a young fife player struggles to keep up with the rest of the band in the July 4th…In “Miscellaneous”Happy Fourth of July!Happy Fourth of July! For everyone in the U.S. celebrating our Independence Day, I hope you enjoy the holiday with your friends and family. As many of us get ready for a day of picnics, parades, and time with family, the day brings back memories of past Fourth of July…In “Michigan”Celebrating Memorial Day 2017In the United States, Memorial Day is a national holiday, celebrated on the fourth Monday in May. It’s a day for remembering and honoring men and women military personnel who died in the service of our country; those who died in battle or as a result of wounds sustained in…In “Miscellaneous”
24 January 2011Telecoms group Telkom has secured a US$127-million syndicated loan from several international banks, backed by the China Export and Credit Insurance Corporation (Sinosure), in order to finance capital expenditure on its mobile division, 8ta.The loan, which has a tenor of up to seven years, is the first under an Export Credit Agency (ECA) umbrella facility that will cover Telkom’s ECA financing requirements over a five-year period, during which the telecoms giant plans to expand its mobile operations.“We are pleased to deliver to Telkom a long-term, competitive Sinosure facility,” Gabriel Buck, head of ECA financing at Barclays Capital, the advisors to the deal, said in a statement this week.“This represents the first financing for Telkom under their ECA umbrella framework, and will provide a benchmark for any future Sinosure financings.”Cost-effective loanThe syndicated loan, which will be used to buy equipment from Chinese telecoms equipment manufacturer Huawei, was heavily over-subscribed, and benefits from 95% cover for both political and commercial risks by Sinosure.The banks involved in the deal included Barclays Capital, Absa Capital, China Development Bank, Bank of China, China Construction Bank, Citibank, HSBC and the Sumitomo Mitsui Banking Corporation.According to Barclays Capital, the solution allowed Telkom to secure funds at a cheaper rate than was otherwise available in either the international bank or bond markets.“Given the existing liquidity constraints within the bank and bond markets, this facility provides Telkom with an attractive and flexible source of additional cost-effective liquidity,” said Anthony Wilter, co-head of Absa Capital’s investment banking division.SAinfo reporterWould you like to use this article in your publication or on your website? See: Using SAinfo material
Executives today recognize that their firms face a wave of retirements over the next decade as the baby boomers hit retirement age. At the other end of the talent pipeline, the younger workforce is developing a different set of values and expectations, which creates new recruiting and employee retention issues. The evolution from an older, traditional, highly-experienced workforce to a younger, more mobile, employee base poses significant challenges, particularly when considered in the context of the long-term orientation towards downsizing and cost cutting. Loaded with anecdotes and case examples, Lost Knowledge: Confronting the Threat of an Aging Workforce reveals how this hidden problem, which threatens virtually all industrialized nations, is becoming extremely serious for many organizations. This solution-oriented work provides a comprehensive framework to help managers improve the retention of vital knowledge both from older workers who retire and mid-career employees who leave unexpectedly. Lost Knowledge delivers a detailed action plan to guide leaders in addressing the interdependent challenges of increased retirements, more competitive recruiting, and greater demands for employee retention that will be a key to success in the years ahead. “Raises the intriguing question: Are companies ready to deal with the loss of intellectual capital that comes from workers’ retirement?”–The New York Times For more information on Lost Knowledge: Confronting the Threat of an Aging Workforce or to purchase from The SHRMStore, click here.