After pulling RBI off the block this week, London-based publisher Reed Elsevier received more bad news from an investor’s ratings service.Moody’s Thursday lowered its outlook for Reed from “stable” to “negative.” In its statement, Moody’s said it was concerned that without proceeds from a sale of RBI, the company might need to increase the amount of debt it will need to raise to refinance loans associated with its February acquisition of data provider ChoicePoint.As of last month, Reed was expected to extend the March 2009 deadline for refinancing half of the $4.17 billion loan it used to buy ChoicePoint. The company, of course, had planned to pay off a portion of the debt with proceeds from selling RBI. Meanwhile, Moody’s maintained Reed’s senior unsecured credit rating at “Baa1,” an investment grade level ranking, but said the company needs to take steps like manage discretionary expenses and conduct assets sales to maintain its rating.Not surprising, but this further illustrates the bumpy road ahead for Reed and RBI.
WILMINGTON, MA — Wildcat TV’s Shawn Guiney recently interviewed many of Wilmington High School’s class officers.Meet Joseph Wilson (Senior Class President), Sara Babcock (Senior Class Vice President), Thomas Abbott (Junior Class President), Alison Jordan (Junior Class Treasurer), Maeve Martins (Junior Class Secretary), Sean Riley (Sophomore Class Vice President), Maria Hernandez (Sophomore Class Secretary), Angelyn Ciampa (Freshmen Class President), Rhiannon Dyment (Freshmen Class Vice President), and Quinn Proulx (Freshmen Class Treasurer).Find out why each ran for their respective positions and what they hope to accomplish this year.——Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email firstname.lastname@example.org.Share this:TwitterFacebookLike this:Like Loading… RelatedNews & Notes From WCTV: Wildcat TV After School Club Starting At Wilmington High SchoolIn “Community”Wilmington’s Ice Bucket Challenge Raises $5K For ALS Research, 100+ WHS Students ParticipateIn “Community”WHS Football Team Is Looking For Corporate SponsorsIn “Community”
Applied Materials, Inc. has announced the appointment of Srinivas Satya as Country President for Applied Materials India. Satya succeeds Aninda Moitra, who will join the leadership team of the company’s Transistor and Interconnect Group.Srinivas Satya brings nearly two decades of experience to his new role, having successfully led several businesses and strategic functions within Applied. Most recently he was head of business development and portfolio management for the company’s semiconductor business.As India Country President, Satya will be responsible for the company’s overall India strategy and execution. He will focus on driving revenue opportunities in the region and increasing the technology and product development capabilities in India to drive innovation and growth for Applied.Accelerating engineering innovation in the region will be a key focus area for Satya, in line with the company’s strategy to leverage regional competencies in engineering and IT, and to enable faster development of industry-leading technologies and products.Applied Materials India is the largest organization for Applied Materials outside of the United States, and makes a significant contribution to the company’s capabilities across a number of product groups and functions.”As former head of business development for Applied’s semiconductor business, Srinivas will help identify key revenue opportunities and ensure sustained growth in India for Applied Materials,” said Dr. Randhir Thakur, executive vice president and general manager of the Silicon Systems Group.Satya holds an MBA from the Haas School of Business at Berkeley, a master’s degree in mechanical engineering from the University of Illinois, Urbana-Champaign and a B.Tech from the Indian Institute of Technology, Chennai.
Gabriel C. Pérez/KUT NewsMembers of local, state and federal law enforcement including the FBI, ATF and Department of Homeland Security hold a press conference near the scene of the third fatal package explosion in East Austin.Federal agents are working alongside local law enforcement to identify the bomber behind a series of explosions in Austin.How does law enforcement investigate incidents like these? Texas Standard investigative reporter Alain Stephens says they begin with a secondary device sweep to search for a second bomb that might be intended to attack first responders.“When a bomb goes off, it’s going to take them a long time to secure the scene. They’re combing and they’re doing this thing called a secondary device protocol. Sources in the ATF [Bureau of Alcohol, Tobacco, Firearms and Explosives] said that’s their first priority is that safety.”Stephens says ATF’s investigation strategy is typically to focus on the bomb.“One of the things that they point out is something called the bomb signature,” he says. “The tradecraft. It’s the make, it’s the model, it’s the details and how that bomb is packaged.”Stephens says federal agencies have developed the Bomb Arson Tracking System to look for patterns and trends. They also examine the bomber’s success rate.“This is something that they look at to kind of create a skill profile of this bomber,” he says.Written by Jen Rice. Share
Thelma D. Jones, a cancer survivor received a certificate of appreciation for her years of work in support of the mission of the American Cancer Society Cancer Action Network. (Courtesy Photo)District resident, cancer survivor and volunteer advocate Thelma D. Jones received a certificate of appreciation for her years of work in support of the mission of the American Cancer Society Cancer Action Network.The award was presented by Erin O’Neal, senior director of grassroots campaigns, during the organization’s annual Day with D.C. City Councilmembers. The event, in April, is where advocates and staff ask council members to support key cancer-related issue.Jones championed the fight for improved education, accountable elected officials, and community mentoring for decades. In 2007 after being diagnosed with breast cancer, Jones almost immediately became a peer counselor to other women similarly diagnosed. “Thelma’s passion for cancer research and services to support cancer patients is an inspiration to so many people in and around our community,” said Bonita Pennino, government relations director for D.C. and Maryland. “She has worked tireless in building relationships with key elected officials and in supporting local and federal issues on behalf of cancer patients in D.C. We are so fortunate for the contributions she has made in the fight against cancer.”During her time volunteering for the organization, Jones spoke to members of Congress alongside retired basketball player Kareem Abdul-Jabbar as part of the One Degree Campaign, served as a panelist on the topic of breast cancer with Dr. Jill Biden and Department of Education Secretary Kathleen Sebelius, and was nominated as a White House Champion of Change. Jones founded a breast cancer support group in Washington D.C. to provide people with a supportive and safe space to share information and discuss their diagnosis for the first time. The group boasts more than 600 members and has been named the Thelma D. Jones Breast Cancer Support Group. She said she is stepping down from her role as a Volunteer Lead Ambassador in Washington D.C. after five years.“In looking at the many challenges women were experiencing with a breast cancer diagnosis, I wanted to find a way to help those less fortunate than I am. A major lesson I learned along the way was the value of family members, friends, communities, and colleagues – they provide identity, support, joy, and comfort,” Jones told the AFRO. “They make the fight against this disease tolerable. No one who travels the breast cancer journey should have to make this journey alone.”
By Stacy M. Brown, NNPA Newswire ContributorWhile there’s at least a perceived growing number of Democrats who say they want to replace California Rep. Nancy Pelosi as the Democratic leader in the House of Representatives, South Carolina Rep. Jim Clyburn has emerged as a favorite among his peers to become the first African American to hold that position.In an exclusive interview with the NNPA Newswire, the 25-year congressman said that, while he’s ready for the challenge, Democrats currently have much bigger fish to fry.Rep. Jim Clyburn (D-S.C.) says that President Trump has a deep-seated hatred for people of color that manifests itself every day. (Wikimedia Commons)“The first order of business is to win the [midterm] elections on November 6,” Clyburn said. “That’s what I’ve been concentrating on.”Clyburn and Congressional Black Caucus Chair Cedric Richmond each told the NNPA Newswire that they’ve identified 37 districts across the country they believe can be won by Democrats this year, which would wrest control of the House from Republicans.“We feel, with the right kind of effort, we can win,” Clyburn said.Clyburn listed three keys to success this November.The first key, Clyburn said, is to prioritize the Black vote; Democrats can’t afford to take the African American vote for granted.Secondly, the Democrats shouldn’t rely on an anti-President Donald Trump wave to get out the vote. Finally, Clyburn said that candidates must advertise in the Black Press, if they want to win in November.“We are also talking about districts where Barack Obama won twice and where Hillary Clinton also won, but these voters don’t turn out for the so-called ‘off-year elections,’” Clyburn said. “We can’t let these voters feel like we’re taking them for granted.”Clyburn, 78, said he was recently taken aback by one candidate, who said that he could win the Black vote by running on an anti-Trump platform.“Wait one second,” Clyburn said that he told the individual. “We can’t just go around being ‘Republican-light.’ We have to be out there putting forth an alternative message, for our base, and we have to reach out to Black voters and let them know we’re not taking them or any of our base for granted.”To that end, Clyburn said advertising campaigns must largely include the Black Press.“It’s very, very important…Chairman Richmond and I have had candidates in and we’ve been telling them that one of the best ways to demonstrate that you’re not taking the Black vote for granted is to advertise in the Black Press,” Clyburn said.The National Newspaper Publishers Association (NNPA) is the oldest and largest trade group representing the Black Press, comprised of more than 200 Black-owned newspapers operating in the United States.“I’ve been in [the Black Press]. My daughter and I ran a newspaper down South, so I know that candidates tend to take Black media for granted,” Clyburn said. “They tend to judge Black media the same way they do other media and you just can’t do that, because the business model is totally different.”Each Sunday after attending Morris Brown A.M.E. Church in Charleston, S.C., Clyburn said he and other churchgoers habitually pick up the local Black-owned newspaper.“People tend to pay attention to the headlines, the stories and the ads in the Black Press so it’s vitally important that candidates know this,” Clyburn said.A former history teacher, Clyburn said Trump’s obsession with dismantling Obama’s legacy is reminiscent of tactics employed by Andrew Johnson to demean his predecessor, Abraham Lincoln.Johnson, who was impeached by the House, had a vision of America as a White man’s government, according to historians.“If you remember, it’s the same kind of reaction Johnson had to Lincoln and I remember sitting alone once in the Oval Office with Obama and I told him that this would be the kind of reaction he could expect,” Clyburn said.“[Obama] was never going to get the kind of respect for his presidency that was shown to presidents before him,” Clyburn said. “The narrative that exists in this country is that there are certain things that Black folks are not supposed to do and one of those things is becoming the president of the United States and [President Trump] and his administration, feel they have to do whatever they can to wipe out any semblance that Barack Obama was ever president of the United States.”Clyburn continued: “[Trump] has a deep-seated hatred for people of color and it manifests itself every day.”Though he doesn’t support or agree politically with former Trump aide Omarosa Manigault Newman, Clyburn said he was deeply troubled when Trump referred to her as a “low life” and a “dog.”“I’m the father of three daughters and I’m deeply insulted by the president of the United States referring to an African American women the way he referred to her,” he said. “Politics aside, I’m insulted that the president of the United States would denigrate the office in this way.”Clyburn continued: “The president asked an important question when he was running, ‘What do we have to lose?’ Well, we have lost dignity and the respect of the presidency, because of his coarseness in the office. When you lose respect, you’ve lost about everything there is to lose.”While he still supports Pelosi, Clyburn said that if the Democrats take back the House, he’s up for the job as speaker.“I have always supported her, but I have always remembered a sermon I heard my father give a number of times,” Clyburn said. “That sermon stayed with me and he said, ‘keep your lamps trimmed and burning to be ready when the bridegroom comes.’ My point is, I’ve never forgotten that sermon so I keep my lamp burning so I’m ready.”Stacy Brown is an NNPA Newswire Contributor and co-author of “Michael Jackson: The Man Behind the Mask: An Insider’s Story of the King of Pop.” This article was originally published on BlackPressUSA.com.
Enroll Now for Free 2 min read Target acknowledged early this morning that it is investigating a security breach that may have compromised over 40 million credit and debit cards used by customers shopping at the discount retail chain from November 27 to December 15, a period that included Black Friday.This wasn’t your run-of-the mill hack. The thieves targeted physical store locations (online was not affected) on a national scope. The hackers were able to access credit and debit-card data found on the magnetic strips by comprising approximately 40,000 card devices at store registers, the Wall Street Journal reportedWho carried out the hack remains unclear. Stolen data included customer names, credit, debit and Target store brand card numbers, expiration dates and CVV codes.”You should remain vigilant for incidents of fraud and identity theft by regularly reviewing your account statements and monitoring free credit reports,” the company said in a letter to its customers.Related: How to Avoid Getting Hacked (Infographic)This is far from the first major retailer breaches. Back in 2007, TJX — the company behind T.J. Maxx and Marshalls – acknowledged its systems had been compromised when hackers used the store’s wireless networks to access information connected to payment card, check and return transactions at TJX locations nationwide. Data from over 45 million credit and debit cards was stolen.And in July, credit card numbers from over 160 accounts were stolen from companies including J.C. Penny and 7-Eleven.But the timing of this particular attack was, unfortunately, impeccable. Black Friday is America’s biggest shopping weekend of the year, when store traffic is at its highest.At least Target doesn’t have to sit alone with its “hacked” status. Yesterday, news broke that hackers had breached the Washington Post’s servers (for the third time this year), making off with employee usernames and passwords.Related: New York Times Hacked: 3 Tips for Avoiding Email Scams Free Workshop | August 28: Get Better Engagement and Build Trust With Customers Now December 19, 2013 This hands-on workshop will give you the tools to authentically connect with an increasingly skeptical online audience. Opinions expressed by Entrepreneur contributors are their own.