Monday, January 13, 2020

Newsom Budget Reiterates PG&E Takeover Threat

Gov. Gavin Newsom released an outline of his proposed 2020-2021 budget that included language reiterating his threat to take over Pacific Gas and Electric. | © RTO Insider

Local officials filed a scathing lawsuit alleging corruption at the state's main water agency and lawmakers called for FERC to delay the Oroville Dam's relicensing.

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California Gov. Gavin Newsom announced Marybel Batjer, currently the state's government operations secretary, as the next president of the Public Utilities Commission. | © RTO Insider

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Publisher: RTO Insider
Date: 2020-01-12T22:15:00 00:00
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And here's another article:

Corruption eats up 15-35% ‍of construction firms' budget | Inquirer Business

Construction companies allot up to 35 percent of their budgets for infrastructure projects to pay off government officials and employees and prevent them from causing any further delays, a think tank said, citing confidential interviews with industry players.

In a presentation on Wed­nesday, the Reid Foundation gave a breakdown of the expenses that construction firms spent on average in putting up new infrastructure both for the public and the private sector. All the commonly disclosed expenses were there such as raw materials and labor. But the breakdown shaded a part of the graph in an ominous black, which claimed 15 to 35 percent of the expenses were spent on "other costs of doing business.

Author: Philippine Daily Inquirer
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How and Why You Should Continue to Train Your Employees Throughout Their Employment | Inc.com

Many employers see training as part of an onboarding process for new talent . But after the first few months, training can get shelved and attention refocuses on day-to-day issues. Yet there are many reasons to offer regular training and professional development activities .

First off, it's important to know what your team members want from their jobs. For much of today's top talent, "more training" tops the list. However, that message doesn't seem to be getting through. According to a yearly survey of frontline workers by research firm Ipsos, just 41 percent of employees said their employers offered this kind of workplace development. The lack of development opportunities may dampen motivation for employees.

Publisher: Inc.com
Date: 2020-01-10 10:24:05
Author: John Boitnott
Twitter: @Inc
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How new tariffs could impact Virginia wine shops, restaurants, and your budget | WTVR.com

American wine shop owners and importers already dealing with tariffs on European imports are pleading with US trade officials for relief, arguing that adding a 100% tariff on French wine and Champagne threatened by President Donald Trump would devastate their industry. The wine industry is caught up in two separate trade spats.

The Trump administration imposed a 25% tariff on most European wine in October, in retaliation for the subsidies Europe provided to aircraft maker Airbus. Since then, the administration has threatened to raise the rate because of a lack of progress in resolving the issue.

Publisher: WTVR.com
Date: 2020-01-12T16:31:54 00:00
Author: https www facebook com CBS6News
Twitter: @cbs6
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Many things are taking place:

Analysts bullish that 5G, budget iPhones will give Apple very strong 2020

Apple's share price is more than double what it was this time last year. Cult of Mac asked prominent market-analysis firms to explain this meteoric rise. Several of them listed not just the upcoming debut of the 5G iPhone for investor optimism, but also the imminent launch of a budget model.

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When Jeff Fieldhack, Research Director at Counterpoint Research, was asked for reasons why Apple's share price went up 100% in a year, he told Cult of Mac "We think there is already a very large, 5G upgrade expected in September baked into the stock price. Volumes in Q4 will be large and ASP's extremely healthy due to 5G and other upgrades in the September launches."

Publisher: Cult of Mac
Date: 2020-01-12T22:35:08 00:00
Twitter: @cultofmac
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Bills aside, your 2020 budget can be a little F-U-N

And while budgeting certainly isn't exciting, breaking down your spending can give you the ability to do things you enjoy.

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There are countless budgeting techniques out there, but one is particularly effective and easy to remember.

It's called the 50/30/20 budget. This plan accounts for typical general expenses like your mortgage, rent, car payment and utility bills, as well as individualized discretionary spending such as travel, streaming services and more.

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Publisher: Detroit News
Twitter: @detroitnews
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'Other costs' | Inquirer Opinion

In a presentation last week at the 4th Philippine Construction Industry Congress, local think tank Reid Foundation gave a breakdown of the expenses that construction firms spend on average in putting up new infrastructure for both the public and the private sectors.

What are these "other costs"? They are the company's budget for corruption, to grease the wheels of government bureaucracy. Construction companies are forced to spend as much as 35 percent of their budgets for projects to bribe government personnel and prevent them from delaying their projects, which may be as small as an ordinary house or as huge as condominiums, or even state-sponsored infrastructure undertakings like bridges and airports.

Author: Philippine Daily Inquirer
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Timeline: Central Maine Power's project permit woes - CentralMaine.com

Despite years of permitting delays and hundreds of millions in unanticipated expenses, the proposed Central Maine Power transmission corridor is on-schedule, and on-budget, according to the company.

"We believe all permits will be completed in 2020 and the project's COD (commercial operations date) remains December 2022," CMP wrote, in response to written questions mediated by Serra Public Affairs.

While CMP has not budged on its completion date for the New England Clean Energy Connect project, known as NECEC, the construction window is significantly shorter than was anticipated when the project was first conceived. That’s according to earnings reports that executives from Avangrid, CMP's parent company, have made to investors as part of their legally mandated filings with the U.S. Securities and Exchange Commission.

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Publisher: Kennebec Journal and Morning Sentinel
Date: 2020-01-13T09:00:18-05:00
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