Latest news with #BrianSmith
Yahoo
4 hours ago
- Business
- Yahoo
Delta Air Lines Plans Bond Sale to Repay Pandemic Payroll Loan
(Bloomberg) -- Delta Air Lines Inc. is planning to sell investment-grade bonds Thursday to help repay a government loan it took out during the pandemic to pay employees. ICE Moves to DNA-Test Families Targeted for Deportation with New Contract The Global Struggle to Build Safer Cars NYC Residents Want Safer Streets, Cheaper Housing, Survey Says The Buffalo Architect Fighting for Women in Design US Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents Warn The airline is marketing three-year and five-year notes, according to a person with knowledge of the deal. Initial price discussions for the longer portion are in the area of 1.6 percentage point over Treasuries, the person said, asking not to be identified disclosing private details. The bonds will help the Atlanta-based carrier repay the US government for a loan it took out in 2020 through a program that was established through the CARES Act and that allowed airlines, whose sales plummeted during the pandemic, to borrow money to pay their workers. The $1.6 billion loan, which is due in 2030, was the largest of the three that Delta received through the Payroll Support Program, according to a filing. The facility had been accumulating at a 1% interest rate until April, when it switched to a floating rate structure with an interest rate of two percentage points above the Secured Overnight Financing Rate. The remaining loans Delta has from the government mature a year later than the one it's refinancing now, and their interest rate won't change until next year, according to Fitch Ratings. Delta's bond sale is among four in the US high-grade market Thursday, with others including Target Corp, First National of Nebraska and the homebuilding company Toll Brothers. Companies are seeking to meet their borrowing needs while funding levels remain attractive — high-grade yields dropped to their lowest since April on Wednesday. Delta's notes are expected to be rated Baa2 by Moody's Ratings and BBB- by both S&P Global Ratings and Fitch Ratings. Barclays Plc, JPMorgan Chase & Co., Morgan Stanley, U.S. Bancorp, and Wells Fargo & Co. are bookrunners for the transaction. Issuer Profile Debt distribution: DAL US Equity DDIS Capital structure: DAL US Equity CAST Related securities: DAL US Equity RELS Ratings history: DAL US Equity CRPR This story was produced with the assistance of Bloomberg Automation --With assistance from Brian Smith. (Adds context on loan program and Thursday's bond sales throughout.) Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Millions of Americans Are Obsessed With This Japanese Barbecue Sauce Is Elon Musk's Political Capital Spent? Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To ©2025 Bloomberg L.P. Sign in to access your portfolio
Yahoo
4 hours ago
- Business
- Yahoo
Delta Air Lines Plans Bond Sale to Repay Pandemic Payroll Loan
(Bloomberg) -- Delta Air Lines Inc. is planning to sell investment-grade bonds Thursday to help repay a government loan it took out during the pandemic to pay employees. ICE Moves to DNA-Test Families Targeted for Deportation with New Contract The Global Struggle to Build Safer Cars NYC Residents Want Safer Streets, Cheaper Housing, Survey Says The Buffalo Architect Fighting for Women in Design US Housing Agency Vulnerable to Fraud After DOGE Cuts, Documents Warn The airline is marketing three-year and five-year notes, according to a person with knowledge of the deal. Initial price discussions for the longer portion are in the area of 1.6 percentage point over Treasuries, the person said, asking not to be identified disclosing private details. The bonds will help the Atlanta-based carrier repay the US government for a loan it took out in 2020 through a program that was established through the CARES Act and that allowed airlines, whose sales plummeted during the pandemic, to borrow money to pay their workers. The $1.6 billion loan, which is due in 2030, was the largest of the three that Delta received through the Payroll Support Program, according to a filing. The facility had been accumulating at a 1% interest rate until April, when it switched to a floating rate structure with an interest rate of two percentage points above the Secured Overnight Financing Rate. The remaining loans Delta has from the government mature a year later than the one it's refinancing now, and their interest rate won't change until next year, according to Fitch Ratings. Delta's bond sale is among four in the US high-grade market Thursday, with others including Target Corp, First National of Nebraska and the homebuilding company Toll Brothers. Companies are seeking to meet their borrowing needs while funding levels remain attractive — high-grade yields dropped to their lowest since April on Wednesday. Delta's notes are expected to be rated Baa2 by Moody's Ratings and BBB- by both S&P Global Ratings and Fitch Ratings. Barclays Plc, JPMorgan Chase & Co., Morgan Stanley, U.S. Bancorp, and Wells Fargo & Co. are bookrunners for the transaction. Issuer Profile Debt distribution: DAL US Equity DDIS Capital structure: DAL US Equity CAST Related securities: DAL US Equity RELS Ratings history: DAL US Equity CRPR This story was produced with the assistance of Bloomberg Automation --With assistance from Brian Smith. (Adds context on loan program and Thursday's bond sales throughout.) Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Millions of Americans Are Obsessed With This Japanese Barbecue Sauce Is Elon Musk's Political Capital Spent? Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To ©2025 Bloomberg L.P.
Miami Herald
3 days ago
- Sport
- Miami Herald
Ohio Football Preview 2025: Can Brian Smith keep the Bobcats Rolling?
Ohio has done the coaching transition thing about as well as anyone, but it usually takes a Solich went 4-7 in his first season in 2005. He had just one losing season over the next 15 seasons before passing the baton to assistant Tim a 3-9 clunker in 2021, it didn't seem like the new guy was up to the gig, and then Albiin won 31 games over the next three seasons with a MAC Championship, an appearance in another title game, and three bowl wins in the best three-season run in program pressure, Brian Smith. Just keep doing that. Albin left to take the open Charlotte head coaching job, Smith moved up from offensive coordinator to head man, and now he has less of a grace period than just about any new coaching hire this lost a ton of good parts, but the core is still strong, the transfer portal will help, and the skill parts might actually be better than last year, when the program had its first 11-win lots of games, compete for conference championships, and win bowl games - every year. No pressure. Ohio Bobcats Preview 2025: Offense X CFN, Fiu | CFN Facebook | Bluesky Fiu, CFN- With Brian Smith kicking up to head coach, Scott Isphording takes over as the coordinator, and nothing changes. Last year's offense lived on third down conversions and keeping things moving. Control the clock, control the game, and let the MAC's best offense keep on producing.- It all starts with All-MAC quarterback Parker Navarro. He threw too many picks - 11 - but he also threw for over 2,400 yards, ran for 1,046, and cranked up 18 touchdown runs. Navarro is missing his top receiver - Coleman Owen caught 78 passes - but Chase Hendricks and Rodney Harris are back after combining for 63 grabs. Tight end Mason Williams was fourth on the team with nine catches and two scores. - The line that was loaded with all-stars and turned in the best season of any front five in the MAC needs to be reworked. Davion Weatherspoon was great at guard, but could move to the outside. Josh Waite (Shippensburg) is coming in for one of the guard gigs, and key understudies Jordon Jones at tackle, Kam Wright at center, and Trent Allen at guard will step up. - Sieh Bangura ran for close to 2,000 yards and 22 touchdowns in his three years at Ohio, left for Minnesota, only carried the ball four times, and now he's back in Athens. It's not a deep bunch - sophomore Duncan Brune saw a little time - but Bangura and Navarro should combine for close to 2,000 yards if everything is working right. Ohio Bobcats Preview 2025: Defense - Ohio finished ninth in the nation in total defense, 13th in scoring D, and fourth in the nation against the run, allowing 91 yards per game. The line lost star pass rusher Bradley Weaver to Rutgers, and just about everyone else of note up front is gone, too. Here's where the transfer portal helps out, with Anas Luqman (Arkansas-Pine Bluff) and Evan Herrmann (Vanderbilt) looking for time. 280-pound Nehemiah Dukes (Youngstown State) and Austin Mitchell will be the undersized main men on the inside. - The linebackers aren't deep, needing backups Michael Molnar and Jack Fries to step into starting roles. If all goes according to plan, they're the new Blake Leake and Shay Taylor, who combined for 163 tackles in all-star seasons. - Tank Pearson is one of MAC's best returning corners, coming up with a team-high four picks, 51 tackles, and six broken-up passes. Enough decent options are on the other side to be okay, especially considering how solid the safeties should Walker is a top all-around playmaker at one spot, Adonis Williams should grow even more into a free safety job, and Rickey Hyatt (South Alabama) is an interesting transfer who should fit in immediately. Ohio Bobcats Key to the Season Hold up against the Bobcats kept winning games by owning the time of possession battle and dominating the tempo. When teams were able to run on the Bobcats, they was 10-0 when allowing fewer than 4.2 yards per carry, and 1-3 when allowing that many or more. To take this further, it's 22-0 since 2022 when allowing fewer than 3.8 yards per carry. Ohio Bobcats Key Player Anas Luqman, EDGE coaching staff knows how to get edge rushers into the backfield, but it lost all the key guys from last year. Enter the 6-4, 245-pound Luqman from Arkansas-Pine Bluff, who has eight tackles and 16 tackles for loss over the last three seasons. If he comes up with five sacks, he'll have done his job. Ohio Bobcats Top Transfer, Biggest Transfer Loss Top Transfer In: Sieh Bangura, RB leading rusher in 2022 and 2023 is back from his one season at Minnesota. A workhorse who can catch, if he returns to his old form, he'll be an All-MAC star who occasionally carries the Transfer Out: Bradley Weaver, EDGE All-MAC star pass rusher over the last two years made 14.5 sacks, 28 tackles for loss, and 78 tackles. He was a game-wrecker, and now he'll be a playmaker for Rutgers. Ohio Bobcats Key Game Miami University, Nov. 4It's a rematch of the MAC Championship - a 38-3 Bobcat win - but the RedHawks won the last two regular season meetings. Overall, the Ohio MAC slate isn't horrible, but the regular season finale at Buffalo could be a make-or-break moment if it doesn't beat MU in early November.- 2025 Ohio Schedule Breakdown Ohio Bobcats Top 10 Players 1. Parker Navarro, QB Sr.2. DJ Walker, S Soph.3. Tank Pearson, CB Sr.4. Sieh Bangura, RB Sr.5. Adonis Williams Jr. S Sr.6. Davion Weatherspoon, OG/OT Sr.7. Chase Hendricks, WR Jr. 8. Michael Molnar, LB Jr.9. Mason Williams, TE Soph.10. Anas Luqman, EDGE Jr. Ohio Bobcats 2024 Fun Stats - First Quarter Scoring: Ohio 74, Opponents 22- Fumbles: Opponents 27 (lost 9), Ohio 15 (lost 10)- Average Rushing Yards Per Game: Ohio 213.7, Opponents 92 Ohio Bobcats 2025 Season Prediction, Win Total, What Will Happen There will be a step back, but not a huge Albin really was good at this head coaching thing, and this year's Ohio team isn't as jacked as the MAC Championship version of 2024, but there's still plenty to be a rough start with at Rutgers, West Virginia, and at Ohio State handing the Bobcats an 0-3 start, and then it'll all change fast with a good run through the first part of the MAC season. Missing Akron and Kent State hurts, but not playing Toledo is a massive plus, and missing Central Michigan isn't bad. It'll be tough to find any continuity with just two of the five games at home, but the Bobcats will still be in the MAC title mix well into late The Ohio Bobcats Win Total At … 7.5Likely Wins: Gardner-Webb, UMass50/50 Games: at Ball State, Bowling Green, at Buffalo, at Eastern Michigan, Miami University, Northern Illinois, at Western MichiganLikely Losses: at Ohio State, at Rutgers, West Virginia © 2025 The Arena Group Holdings, Inc. All rights reserved.
Yahoo
28-05-2025
- General
- Yahoo
Florida, dubbed 'Boating Capital of the World' by the FWC, is also the most dangerous
The 2024 Boating Accident Statistical Report shows that Florida, dubbed the 'Boating Capital of the World' by the Florida Fish and Wildlife Conservation Commission, is also the most dangerous. With more than a million registered vessels, Florida leads the nation in the number of annual boating fatalities. 'The vast size of Florida's inland, coastal and offshore patrol areas, combined with a significant population of avid and diverse boaters, presents a challenge for the FWC and local and federal maritime enforcement partners,' the FWC said in a news release. Col. Brian Smith, director of the FWC's Division of Law Enforcement, said the 2024 report is a somber fact. 'Our goal is for everyone on the water to return to the dock safely, with great memories and no tragedies,' he said in a news release. "I'm proud of the tireless work our officers and staff do to promote boating safety throughout the year, and we want nothing more than to see these numbers come down in the next report.' The 2024 Report includes the following statistics: 685 reportable boating accidents occurred in Florida — 26 more than in 2023. 81 fatalities were reported — 22 more than the previous year. Collision with a fixed object was the leading accident type, accounting for 31% of incidents. Lack of boater education remains a major concern: 65% of operators involved in fatal accidents had no formal training. The FWC underscored that many of the 2024 fatalities could have been prevented with the use of life jackets. 'Today's modern life jackets are designed to be both effective and comfortable, with lightweight, inflatable options that make wearing them easier than ever,' the release said. The FWC is also encouraging all boaters, regardless of age or experience, to complete a certified boating safety course. In the release, FWC's Lt. Nicholas Korade said life jackets and boater education saves lives. 'We want every boater to understand the responsibility they take on when they go out on the water,' he said. 'A boating safety course is one of the best ways to prepare and protect yourself and others.' The 2024 Boating Accident Statistical Report, compiled by the Boating and Waterways Section of the FWC's Division of Law Enforcement, is compiled from boating accident investigation reports submitted by FWC officers and marine law enforcement partners. The information is then analyzed by FWC's Boating and Waterways before plans to reduce the amount boating accidents, injuries, fatalities and property damage are established. The report includes reported accidents with the following criteria: A person dies or disappears under circumstances suggesting injury or death. A person requires medical treatment beyond basic first aid. Property damage totals $2,000 or more. A vessel is completely lost. According to the FWC, Florida had 1,030,053 registered vessels in 2024, slightly fewer than in 2023. 'But the number of nonregistered, active-use vessels is estimated to be close to 1 million — a figure that continues to grow,' the agency said. 'The resulting congestion on Florida's waterways further underscores the need for education, awareness and responsible boating practices.' The FWC is urging boaters to stay vigilant with the onset of summer. For information on FWC's boater safety courses, go to To read the 2024 Boating Accident Statistical Report, go to For more information about life jackets, go to This article originally appeared on St. Augustine Record: Florida leads the nation in the number of annual boating fatalities
Yahoo
28-05-2025
- Health
- Yahoo
Moscow student hits the right notes
May 28—MOSCOW — Paradise Creek Regional High School principal Brian Smith pushed Stormy Bymers Blodgett to do more because he knew she could handle it. "Stormy never, ever quits," Smith said. Her tenacity, he said, is why she was able to complete her courses at PCRHS, perform in the Moscow High School and University of Idaho bands, work full-time jobs and graduate on time. The road to her graduation, which takes place June 4, was not an easy one. Bymers Blodgett was supposed to attend Moscow High School, but the large class sizes and the difficulties of online classes during the COVID-19 pandemic made learning a struggle for her. A family member suggested she apply to PCRHS. Where Moscow High School can have classes with up to 30 students, courses at PCRHS often have fewer than 20 and sometimes as little as two. Her graduating class will have 11 students. With the smaller classes, teachers can provide more individual attention to students, Bymers Blodgett said. "They can kind of help you more if you're struggling," she said. Her grades improved, and she was able to take a variety of classes like journalism, entomology and health. Music remained her passion, however. She continued performing with the Moscow High School concert band and eventually learned how to play a dozen instruments. "If you know one instrument, you can slowly start learning more," she said. Seeing her potential, PCRHS asked Bymers Blodgett to be the first student to participate in the school's new partnership with UI's Lionel Hampton School of Music. As part of that program, she began taking dual credits as a junior and senior. She participated in UI's jazz choir program, the Vandal Marching Band and the UI concert band.
