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Business Journals
24-07-2025
- Business
- Business Journals
Karen Bass signs orders to aid rebuilding in Pacific Palisades
Story Highlights Mayor Karen Bass issues two executive actions to expedite rebuilding in the Palisades. Emergency Executive Order 8 streamlines permitting for larger home rebuilds. Executive Directive 13 creates preapproved design library for rebuilding homes. Los Angeles is launching two new actions to speed up rebuilding in the Pacific Palisades. Mayor Karen Bass issued two executive actions this week to expedite the rebuilding process in the L.A. neighborhood that was ravaged by January's wildfires: Emergency Executive Order 8 and Executive Directive 13. GET TO KNOW YOUR CITY Find Local Events Near You Connect with a community of local professionals. Explore All Events Emergency Executive Order 8 will continue the city's efforts to streamline the permitting process for homeowners looking to rebuild homes larger than those damaged. The order expands the scope of single-family home projects eligible for the state's emergency suspension of the California Environmental Quality Act and the California Coastal Act. By waiving local Coastal Act review processes, 'as long as common-sense streamlined environmental protections are in place,' the order aims to create an expanded pathway for the rebuilding of single-family homes in the Coastal Zone that do not qualify as 'like-for-like,' which are projects with structures of the same size, in the same location and for the same purpose as the previous structures that were damaged or destroyed by the fire. The order adds to the streamlined processes established in Emergency Executive Order 1, signed by Bass less than a week after the start of the wildfires. Earlier this month, Gov. Gavin Newsom signed into law Assembly Bill 130, which creates a new class of residential development that doesn't require review under CEQA, which often delays development in California. The other initiative, Executive Directive 13, will launch a pilot program for single-family homes, creating a virtual library of preapproved, code-compliant designs to fast-track rebuild projects available for the public. The city plans to issue an open call to architects and building professionals for designs. The city reported that debris removal in the Palisades is more than 85% complete, which Bass said puts Los Angeles' recovery after the fires 'on track to be the fastest in modern California history.' Nearly 300 rebuilding plans have been approved by the city. 'With debris removal months ahead of expectations, construction underway and new action taken today to further streamline the rebuilding process, we continue to push forward in our all out effort to get families home,' Bass said in a statement. Sign up for Business First's free daily newsletter to receive the latest business news impacting Los Angeles.
Yahoo
24-07-2025
- Business
- Yahoo
FNB Adds Business Platform to eStore® Common Application
Consumers and Small Businesses Now Able to Apply for More Than 40 Banking Products Simultaneously with One Universal Process PITTSBURGH, July 24, 2025 /PRNewswire/ -- F.N.B. Corporation (NYSE: FNB) and its banking subsidiary, First National Bank, today announced the addition of business deposit products to the eStore® Common application (Common app). Customers can now use one universal application for both business and personal bank accounts — affirming the Company's leadership in digital innovation that is reshaping the financial services industry. The release of business deposit products in the eStore Common app — and the continued ability to apply for multiple consumer loan and deposit products via one experience — makes it even faster for FNB customers to acquire products and services that address the complete range of their financial needs. The time-save is especially impactful when multiple products are included given that most applications can be completed in approximately seven minutes. A small business owner applying to open a small business checking account and a personal credit card together in the eStore Common app, for example, would spend nearly 30 percent less time completing a single application than a customer who applied separately for each product. Among the business deposit products now available in the Common app is Business First, FNB's bundled checking solution designed to meet the comprehensive banking needs of small businesses. Introduced in the second quarter of 2025, the Business First package includes integrated and advanced reporting tools, fraud mitigation services, optimized accounts receivable capabilities and more. FNB expects to add business loan products to the eStore Common app in 2026. "Customers expect banking to be digital-first," said Vincent J. Delie, Jr., Chairman, President and Chief Executive Officer of F.N.B. Corporation and First National Bank. "eStore and the Common app are powered by AI and a massive data warehouse, so we can automate both the delivery of personalized product recommendations and the process to open those accounts digitally. Our omnichannel approach makes it easy for consumers and businesses to choose FNB for all their banking needs, which is evident in our growing presence in markets throughout our footprint." eStore Common app submissions increased 108 percent between the first and second quarter of 2025. As of June, FNB's full branch network was originating applications on the platform, aligning the universal application process across the Company's digital and physical channels. Now, multiproduct purchasing is expected to grow even further as bankers leverage AI and automation to efficiently provide customers with personalized, data-driven recommendations for the "next-best" product and service. Accessing the eStore Common app is simple. Customers can use eStore to select and add products to their shopping cart, and then check out to begin an application. FNB has included data prefilling technology in the system to eliminate keystrokes for customers. In addition, the eStore Common application's enhanced functionality includes the ability to upload supporting documents with ease as well as automated account funding. FNB continually builds on its digital banking platform. Explore the Company's comprehensive digital solutions, highlighted by eStore, at About F.N.B. CorporationF.N.B. Corporation (NYSE: FNB), headquartered in Pittsburgh, Pennsylvania, is a diversified financial services company operating in seven states and the District of Columbia. FNB's market coverage spans several major metropolitan areas including: Pittsburgh, Pennsylvania; Baltimore, Maryland; Cleveland, Ohio; Washington, D.C.; Charlotte, Raleigh, Durham and the Piedmont Triad (Winston-Salem, Greensboro and High Point) in North Carolina; and Charleston, South Carolina. The Company has total assets of nearly $50 billion and approximately 350 banking offices throughout Pennsylvania, Ohio, Maryland, West Virginia, North Carolina, South Carolina, Washington, D.C. and Virginia. FNB provides a full range of commercial banking, consumer banking and wealth management solutions through its subsidiary network which is led by its largest affiliate, First National Bank of Pennsylvania, founded in 1864. Commercial banking solutions include corporate banking, small business banking, investment real estate financing, government banking, business credit, capital markets and lease financing. The consumer banking segment provides a full line of consumer banking products and services, including deposit products, mortgage lending, consumer lending and a complete suite of mobile and online banking services. FNB's wealth management services include asset management, private banking and insurance. The common stock of F.N.B. Corporation trades on the New York Stock Exchange under the symbol "FNB" and is included in Standard & Poor's MidCap 400 Index with the Global Industry Classification Standard (GICS) Regional Banks Sub-Industry Index. Customers, shareholders and investors can learn more about this regional financial institution by visiting the F.N.B. Corporation website at View original content to download multimedia: SOURCE F.N.B. Corporation Sign in to access your portfolio


Malaysiakini
24-07-2025
- Business
- Malaysiakini
All that hype only for peanuts
YOURSAY | '1pct SST reduction would help more than this 'extraordinary tribute'.' Anwar finally fulfils cheaper petrol pledge; RM100 groceries aid for all Freethinker: Pakatan Harapan has been pressing to reduce petrol subsidies by imposing a new tax structure. Now they are reimposing petrol subsidies again. Back to square one. At the next general election, will they be calling for targeted subsidies and then impose a new tax structure? By the way, if the subsidies go to the deserving, by all means, do it, help those who need help. But if you are going to reimpose petrol subsidies for all, then stop calling for 'targeted' subsidies. What is this RM100 cash handout again? All that comes from taxpayers is meant for the development of the country. How can flashing out cash on the streets be able to help the poor and develop the economy? Of course, I'll take it anyway. I am entitled to it, but I'll donate it to those who need it. What is so great about declaring more holidays? Yes, I'm an employee and it 'benefits me'. But it's still an idiotic policy to please people. Small and medium enterprises (SMEs) are suffering, and every new public holiday declared is another day of income loss for the employer. When they don't do well, they can't pay a proper bonus. They can pay better salaries, and obviously, they can't pay higher taxes. It's all a domino effect. As for the increase in toll charges, why should any company be guaranteed future profits in the first place? Which contract in the world where the government guarantees a company their future profits? Highway concessionaires are making handsome profits. Look at their financial statements. Again, at whose expense? Someone please tell Prime Minister Anwar Ibrahim, Malaysia needs better economic policies, not economic goodies. Vijay47: Unlike some of the commentators here, I will be grateful to Anwar for the gifts he is lavishing on us. Never mind if I hardly use my car to go anywhere or even to sit when my wife chases me out of the house. The RM100 is okay, I guess, especially when I can use it to win back my wife's favour when she chases me out of the house. The holiday on Sept 15? Nothing much, really. Being retired, every day is a holiday for me. But I am eagerly awaiting the 'extraordinary tribute' that Anwar has promised us. Keramat Boy: Dear prime minister, I am truly speechless at your recent announcement. Decisions of national importance should begin with sincere engagement - talk to the people first, then decide. The rakyat are not bystanders; they are the very foundation of your mandate. To act without listening risks deepening public frustration and eroding trust. This nation needs leadership that consults. You once inspired hope, don't let it fade with top-down decisions that ignore the voices that matter most. Return to the ground, hear the struggles, and lead with wisdom rooted in humility. That is the Malaysia we all want to believe in. BusinessFirst: I must congratulate Anwar. Previously a 5 sen decrease in egg prices was made to help the costs of living. Two months later, a 6 sen decrease in petrol. That is an improvement that befits a special announcement by the prime minister to all Malaysians as a tribute for contributing to the nation! Of course, there is no promise that the price of RON95 will not slowly increase back to RM2.05. And that for the so-called "mahakaya" (ultra rich), there will be no subsidy even, and you pay RM2.50 or RM3 by year-end? There is also no explanation of how much it will cost the government and how much the government is raking in from eight percent sales and service tax (SST). All I know is that rental for me has gone up to RM1,600 a month due to SST. Real calculations. And that's just rent, not yet other increases. I spend at most RM200 driving, probably less. With the 6 sen decrease in petrol, I will save RM6 a month. Assuming all 30 workers with me also spend as much as me on petrol, the total savings work out to RM180. This does not count the extra costs, including the costs of goods and services. A one percent reduction of SST would help more than this "extraordinary tribute". Smokinlala: I thought with all the press announcements for the last week and with publicity everywhere, it could be a good relief package, but it turned out to be nothing at all. Another public holiday means the government is just clueless about running the country. Income tax deductions and interest rate reduction, which are the economic policy fiscal benefits, should have been announced. Not the other way around, as if we are a third-world country. Optimus: Take the win. Criticising whatever the prime minister is doing is a lose-lose situation. Remember the white flags under the leadership of former prime minister Muhyiddin Yassin? Does anyone think we will have anything at all under PAS? Cynical: To all the rich and sarcastic critics, RM100 may be peanuts to you, but to the B40 who can only spend RM5 per meal, it means 20 meals, and it makes a big difference. So when you put 50 litres of petrol in your car, the RM3 you save may be a pittance, but it means something to those who are struggling. Hafidz Baharom: Rather schizophrenic to say people were abusing petrol subsidies and then giving everyone even cheaper petrol. Nothing for public transport and mass transportation users? Taas: Extraordinarily hilarious. The bill will be sent to the rakyat and paid by them. Where are the real reforms? BlackPuma1084: This sales tactic is already overused. Build up momentum, give-aways that are hyped up to make them sound incredible, but in the end, not worth much, to get votes? Anwar needs to change his advisers to people who can read the people's pulse to make him do the right things if he cares for the future generation of Malaysians. The above is a selection of comments posted by Malaysiakini subscribers. Only paying subscribers can post comments. In the past year, Malaysiakinians have posted over 100,000 comments. Join the Malaysiakini community and help set the news agenda. Subscribe now. These comments are compiled to reflect the views of Malaysiakini subscribers on matters of public interest. Malaysiakini does not intend to represent these views as fact.

Scotsman
23-07-2025
- Entertainment
- Scotsman
Heathrow Express slashes fares to mark epic Oasis reunion
With just days to go until one of the biggest reunions in British music history, Heathrow Express - the non-stop, 15-minute service from London Paddington to Heathrow Central - is cutting fares to mark the return of Oasis at Wembley Stadium. Sign up to our daily newsletter Sign up Thank you for signing up! Did you know with a Digital Subscription to Edinburgh News, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... More than 90,000 fans are expected on Friday 25th July, with many flying in from around the world. To support the surge of travellers, Heathrow Express is offering 8% off full fare tickets from 25th July to 3rd August. The move comes as resale ticket prices top £200 and hotel rates across London continue to rise ahead of what's being dubbed Britpop's resurrection. Advertisement Hide Ad Advertisement Hide Ad The 8% discount - a tribute to the band's eight UK number-one singles - applies to both Express Class and Business First fares. It's available when booking online or via the Heathrow Express app with the code OASIS8. The discount also extends to additional passengers booked on the same journey. Heathrow Express offers 8% off all tickets from 25th July - 3rd August 2025 to celebrate Oasis reunion Aoife Considine, Business Lead at Heathrow Express, said: 'We know this is more than just a gig - it's a major moment for thousands of fans around the world. People are travelling hundreds of miles, often at great personal cost, to be part of it. We wanted to do something practical to support them. Whether you're flying in from Manchester, Madrid or Melbourne, your journey into London should be as easy and affordable as possible - it should start on the right note.' With the countdown on and the capital bracing for a Britpop takeover, Heathrow Express is giving fans one less thing to worry about on their way to Wembley. Discounted tickets can only be purchased between 25th July and 3rd August 2025, and not before. Full terms and conditions can be found here.

Scotsman
23-07-2025
- Entertainment
- Scotsman
Heathrow Express slashes fares to mark epic Oasis reunion
With just days to go until one of the biggest reunions in British music history, Heathrow Express - the non-stop, 15-minute service from London Paddington to Heathrow Central - is cutting fares to mark the return of Oasis at Wembley Stadium. Sign up to our Arts and Culture newsletter, get the latest news and reviews from our specialist arts writers Sign up Thank you for signing up! Did you know with a Digital Subscription to The Scotsman, you can get unlimited access to the website including our premium content, as well as benefiting from fewer ads, loyalty rewards and much more. Learn More Sorry, there seem to be some issues. Please try again later. Submitting... More than 90,000 fans are expected on Friday 25th July, with many flying in from around the world. To support the surge of travellers, Heathrow Express is offering 8% off full fare tickets from 25th July to 3rd August. The move comes as resale ticket prices top £200 and hotel rates across London continue to rise ahead of what's being dubbed Britpop's resurrection. Advertisement Hide Ad Advertisement Hide Ad The 8% discount - a tribute to the band's eight UK number-one singles - applies to both Express Class and Business First fares. It's available when booking online or via the Heathrow Express app with the code OASIS8. The discount also extends to additional passengers booked on the same journey. Heathrow Express offers 8% off all tickets from 25th July - 3rd August 2025 to celebrate Oasis reunion Aoife Considine, Business Lead at Heathrow Express, said: 'We know this is more than just a gig - it's a major moment for thousands of fans around the world. People are travelling hundreds of miles, often at great personal cost, to be part of it. We wanted to do something practical to support them. Whether you're flying in from Manchester, Madrid or Melbourne, your journey into London should be as easy and affordable as possible - it should start on the right note.' With the countdown on and the capital bracing for a Britpop takeover, Heathrow Express is giving fans one less thing to worry about on their way to Wembley.