logo
Jersey finance head wins Woman of the Year award

Jersey finance head wins Woman of the Year award

Yahoo15-03-2025

A finance professional from Jersey has won a Woman of the Year award at a business awards ceremony in London.
Kay McCarthy, head of the The International Stock Exchange's (TISE) Jersey office, won a silver award at this year's Citywealth Powerwomen Awards.
Ms McCarthy was one of six women shortlisted in the Government, Regulatory and Not-for-profit Organisations category.
She said: "It was a great honour to be shortlisted alongside such inspiring women and I feel hugely privileged to receive this recognition."
Ms McCarthy has more than 25 years' experience working as a stockbroker, investment manager, and in stock exchanges.
TISE's CEO Cees Vermaas said Ms McCarthy was an "exceptional leader" with an "outstanding track record".
"I would like to pass on my congratulations to her for this well-deserved accolade," he said.
Follow BBC Jersey on X and Facebook. Send your story ideas to channel.islands@bbc.co.uk.
Jersey Finance: Island can provide stability
Charities call for support from finance sector
Award for stock exchange as London office opens
Citywealth Powerwomen Awards
The International Stock Exchange

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Gorham Republican enters Maine's 2026 governor's race
Gorham Republican enters Maine's 2026 governor's race

Yahoo

time4 days ago

  • Yahoo

Gorham Republican enters Maine's 2026 governor's race

Jun. 11—AUGUSTA — Owen McCarthy, a medical technology entrepreneur from Gorham, announced his candidacy for the Republican nomination for governor. McCarthy, a Harvard Business School graduate who co-founded MedRhythms, which helps patients recover mobility, is looking to capitalize on his outsider status and said he aims to rein in "runaway spending," deliver tax relief to struggling Mainers and small businesses, and "crack down on illegal immigration by cooperating with federal law enforcement." "I'm not a politician," McCarthy said in a written statement. "I'm an engineer, entrepreneur, husband, and father. I believe Maine can lead again if we get back to basics: rewarding work, respecting taxpayers, and making opportunity real in every zip code." McCarthy is 35 years old and describes himself as "a native of Patten who grew up in a trailer as the son of a third-generation logger and a second-generation lunch lady." He is a graduate of the University of Maine and Harvard Business School and has served as a trustee for the University of Maine System. Gov. Janet Mills cannot seek reelection next year because of term limits and the field of candidates seeking to replace Mills continues to grow. McCarthy is the sixth Republican to declare or file paperwork for the 2026 race. Bobby Charles, a Leeds resident and lawyer who served under President George W. Bush, announced his candidacy for the Republican nomination in April. State Sen. James Libby, R-Standish, declared last month. Other Republicans who have filed campaign paperwork with the state are: Republicans David Jones, of Falmouth; Steven Shepherd, of Bangor; Robert Wessels, of South Paris; and Ken Capron, of Portland. Democrats have several candidates with relatively high name recognition in the race: Secretary of State Shenna Bellows; former Senate President Troy Jackson; renewable energy entrepreneur Angus King III, the son of independent U.S. Sen. Angus King; and former House Speaker and Mills cabinet official Hannah Pingree, daughter U.S. Rep. Chellie Pingree, D-1st District. Other candidates who have filed campaign paperwork with the state are: Democrat Kenneth Pinette, of South Portland; and Alexander Murchison, an unenrolled candidate from Dover-Foxcroft. Democrats have held a trifecta since Mills took office in 2019, maintaining majorities in both the House and Senate. But the party is facing historic headwinds in 2026. Since the 1950s, Mainers have not elected a candidate from the same political party as a departing governor — a trend that began after Maine had five consecutive Republican governors from 1937 through 1955. Copy the Story Link

Paramount makes drastic decision amid shift in customer behavior
Paramount makes drastic decision amid shift in customer behavior

Miami Herald

time5 days ago

  • Miami Herald

Paramount makes drastic decision amid shift in customer behavior

TV giant Paramount (PARA) , which owns networks such as CBS, Nickelodeon, MTV, and Comedy Central, is suffering from a popular consumer trend. The company revealed in its first-quarter earnings report for 2025 that its total company revenue decreased by 6% year-over-year. Specifically, it generated $4.5 billion in TV media revenue, which is 13% lower than what it earned during the same quarter last year. Don't miss the move: Subscribe to TheStreet's free daily newsletter Paramount flagged that its TV media segment faced a decrease in advertising revenue and subscriber numbers. Related: Spectrum struggles to reverse alarming customer behavior Paramount's struggles come as many consumers across the country have been ditching cable TV for streaming services in an effort to save money, a trend called cord-cutting. Two of the largest cable TV providers in the U.S., Comcast and Spectrum, have lost about 608,000 TV customers during the first quarter of 2025, meaning they faced an average of 6,755 cancellations daily. A recent survey from digital security firm All About Cookies even found that only 46% of Americans still use traditional cable or satellite TV services, and only 14% of cord-cutters regret cutting their cable. Also, 76% of Americans watch shows through paid streaming services, and younger people are less likely to watch cable TV. Amid this drastic change in customer behavior, Paramount has decided to make a harsh change to its workforce. In a memo sent to employees on June 10, Paramount executives revealed that the company will lay off 3.5% of its U.S. employees as it navigates "the continued industry-wide linear declines and dynamic macro-economic environment" and prioritizes its "growing streaming business." "We will be reducing our domestic workforce by 3.5%, with the majority of impacted staff being notified today," said the executives in the memo. "This process may also result in some impacts to our workforce outside the U.S. over time. As always, any changes will be considered in accordance with local legal obligations. We recognize how difficult this is and are very thankful for everyone's hard work and contributions. These changes are necessary to address the environment we are operating in and best position Paramount for success." Related: Comcast hopes to win back fleeing customers with generous offer The move from Paramount comes after Paramount Media Networks CEO Chris McCarthy warned during an earnings call in August last year that the company planned to shrink its U.S. workforce by 15% after identifying $500 million in annual cost savings. "We are primarily focused on two areas: first, redundant functions within marketing and communications; second, streamlining our corporate structure, reducing our headcount in finance, legal, technology, and other support functions," said McCarthy during the call. He said that the layoffs will mostly conclude by the end of 2025. The stern warning followed Paramount's decision to lay off 800 employees in February that year. The company also cut its headcount by 25%, affecting employees in its cable network division, in May 2023. Paramount's competitors have also been making job cuts as customers ditch cable for streaming. Earlier this month, Disney laid off hundreds of employees in its film and TV sectors and multiple corporate departments. More Labor: Amazon CEO gives hard-nosed message to employeesIRS has an alarming solution to a growing problem after layoffsJPMorgan Chase CFO issues stern warning to employees Warner Bros., which owns cable networks such as Cartoon Network, Discovery, and HBO, later followed in Disney's footsteps and laid off about 100 employees in its cable TV sector. Many companies nationwide are trimming their workforce amid macroeconomic uncertainty and changes in customer behavior. So far this year, roughly 145,000 employees have lost their jobs, according to data from Related: Disney CEO offers unexpected response to tariff concerns The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

Trump loyalty is now part of job application
Trump loyalty is now part of job application

Yahoo

time07-06-2025

  • Yahoo

Trump loyalty is now part of job application

More than six million Americans are still looking for work, according to the latest data from the U.S. Bureau of Labor Statistics. Amid ongoing economic uncertainty, the federal government remains one of the country's most active employers, with open roles for nurses, actuaries, physicists, engineers and IT professionals listed at But prospective applicants may notice something different about the application process in 2025. Alongside typical questions about experience and qualifications, some federal job forms now ask about an applicant's alignment with presidential policy priorities, raising concerns about political screening in what are supposed to be nonpartisan civil service roles. Under guidance issued by the Chief Human Capital Officers Council (CHCOC), part of a broader federal hiring overhaul, applicants may be asked to explain how they would help implement specific executive orders or initiatives. One question currently being used reads: 'How would you help advance the President's Executive Orders and policy priorities in this role? Identify one or two relevant Executive Orders or policy initiatives that are significant to you, and explain how you would help implement them if hired.' This directive is connected to an executive order President Donald Trump that emphasizes 'merit-based' hiring over previous diversity, equity, and inclusion (DEI) considerations. The administration stated that these changes are intended to root out political bias and ensure a more ideologically aligned workforce. Critics argue that these practices resemble loyalty tests, particularly as questions of commitment to the Constitution and the President's policies appeared in job applications. Earlier this year, multiple government agencies experienced layoffs of employees who were seen as insufficiently aligned with current leadership, even in traditionally apolitical roles. Historical parallels have been raised. During the McCarthy era in the 1950s, public servants and private citizens alike were pressured to prove their loyalty to the U.S. government to root out suspected communists. Accusations and investigations often targeted personal beliefs rather than actions, leading to widespread firings, blacklisting and surveillance. Civil service roles in the U.S. were originally designed to serve the Constitution and the public, not individual officeholders. Federal employees take an oath to uphold the Constitution, a foundational distinction meant to separate American governance from monarchic or authoritarian systems. Whether the latest hiring guidelines are a temporary shift or a lasting transformation of the federal workforce remains to be seen. For now, job seekers interested in federal positions may want to prepare answers not just about their skills but about their stance on presidential policy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store