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New College of Florida (NCF) will request $420 million in state investment to support conservative changes. This number translates to a staggering capital expenditure ratio of $600,000 per student for the small Sarasota campus, which has an enrollment of less than 700 students. NCF's financial plan relies heavily on significant financial investment and flexibility compared to other state schools. Another document appears to show the school plans to increase President Richard Corcoran's compensation by more than $1.1 million for the 2024 school year. New College of Florida's (NCF) long-awaited business plan presentation scheduled for Wednesday afternoon includes direct and indirect…
Gothenburg, Sweden, November 8, 2023–(BUSINESS WIRE)–Polestar Automotive Holding UK PLC (Nasdaq: PSNY), the Swedish electric performance car brand, today aims to accelerate margin improvement and significantly reduce the company's total capital needs. announced a strengthened business plan. Cash flow break-even point in 2025.This press release features multimedia. Read the full release here: https://www.businesswire.com/news/home/20231108523637/en/Polestar 2, Polestar 3, Polestar 4, Polestar 5 (Photo: Business Wire)In light of the rapidly changing operating environment, Polestar has introduced an enhanced business plan that resets the company's path to profitability by prioritizing profit growth over volume. Polestar is targeting total annual sales of approximately 155,000 to…
Airlines are an important part of the economy, but investing in their stocks has often failed. Airline stock prices fluctuate with business cycles, and past economic downturns have led to airline bankruptcies and bankruptcies.However, industry consolidation has created a small number of competitors that use technology more effectively to manage schedules and set fares. Currently, four airlines control approximately 80% of the U.S. market. Image source: Getty Images. Airlines in the post-pandemic worldThe coronavirus disease (COVID-19) pandemic caused airline revenues and stock prices to temporarily decline. Vaccines have allowed people to travel again, but the recovery has been fragile as…
Juan Cerutti, vice president of economic research at Santander, also called attention to how Latin America has weathered the situation, with strong exchange rates and continued GPD growth in most countries. “The situation is different this time, thanks to the central bank's early action, healthy commodity price levels and strong macroeconomic principles,” Cerruti said in a roundtable with Banco Santander's Latin America chief economists. He attributes the region's success in responding to changes in interest rate cycles partly to the macroeconomic environment, as evidenced by the strong performance of the external sector. Exports have tripled in 20 years and foreign…
comment: While we wait to see what form our next government will take and where climate change will fall on its list of priorities, one thing has not changed: the climate is warming. We are witnessing the scale and impact of catastrophic climate change accelerating. In the first 12 days of September alone, 10 countries and territories experienced severe flooding. We are already seeing climate instability in action in New Zealand when the Auckland floods and Cyclone Gabriel devastated communities earlier this year. The scale of the humanitarian impact will only continue to grow, requiring a response from not only…
in GamesIndustry.biz At September's HR Summit, organizational psychologist Graham McAllister gave a talk titled “Adjusting Game Vision: Its Role in Team Effectiveness” to help studios maintain a clear vision of what they're creating. We looked for ways to improve your game by doing so. McAllister previously founded Player Research, a user research and playtesting studio, in 2012, but left the company in 2019. He then founded TeamSync, a studio specializing in keeping teams aligned during development. After asking the audience for three things they think will increase a studio's chances of success, McAllister suggested that a creatively aligned team is…
The digital environment is highly dynamic. It was just yesterday that big data was a buzzword, and today, generative AI is the talk of the town. How will businesses respond to this unstoppable and overwhelming wave of change? Let's not forget the curveballs we faced when the pandemic hit us. You never know what the future holds next. What we've seen during the pandemic is a glimpse of what businesses need to do to prepare for all this uncertainty. The cursor has forever shifted from “if” to “how” organizations can successfully navigate the digital age. The global digital transformation market…
A newly opened Chef Store in Roanoke hopes the quality and price of its food, beverages and kitchen supplies will draw restaurant food buyers and home shoppers to the store, which has an unusual feature: a cold room. .The owner, US Foods, stores meat, dairy products, and vegetables in the freezer. This is not a backroom inventory cooler, but an in-store cold room that accepts customers and their flatbed shopping carts. On opening day, the temperature in the meat and dairy room was about 35 degrees, but the temperature in the vegetable room was a few degrees warmer.Shoppers can peer…
Shopee is a Singaporean e-commerce site founded by Forrester Li in 2015 with a typical marketplace revenue-based business model. Sellers are charged commissions and transaction fees every time they sell on the platform. Shopee sells a variety of ancillary and free services. The company offers to take over the fulfillment process for sellers and offers its own digital wallet as a payment option. sideexplanationFees and chargesShopee makes money by charging commission Sellers are paid for every successful sale made through the platform. These fees are typically a percentage of the transaction amount and vary depending on the category of product…
FORT LAUDERDALE — Adolfo Perez, senior vice president of global sales and trade marketing for Carnival Cruise Lines, has a message for all travel advisors, whether they are franchise owners, full-time independent contractors or part-timers. . “I need a business plan.”On stage at Cruise World on Friday, Perez said independent contractors have flourished since cruise ships returned from the pandemic-induced shutdown, but many of them “don't necessarily feel like they're running a business. ” he said.Mr. Perez and Mr. Carnival are asking advisors to more closely run the ships, which is the driving force behind the cruise line's “Your Winning…