Latest news with #DaveMiller
BBC News
10 hours ago
- Business
- BBC News
Bude centre recycles microfibres from clothes washing
An environmental technology firm has launched a microplastic recycling facility in Seas Group's (CSG) centre in Bude, which received a £1m grant for the project, takes cartridges which it sells to consumers and industrial laundries to attach to their washing the cartridge is full of microfibres, plastics which are shed from clothes in the wash, it is sent by freepost back to are then extracted at the centre from the cartridges and turned into usable materials for construction, packaging, including new domestic cartridges, said the firm. The project has received nearly £1m in funding from the Cornwall and Isles of Scilly Good Growth Programme, supported by the UK Shared Prosperity Miller, chief executive of CSG, said the "plug and play" battery-powered filter, which costs £129.99, could be fitted to a washing machine without the need of a cartridge lasts for about 100 washes and consumers can then buy another cartridge which goes into the filter for about £ which was created in 2017, had been selling the filters since 2020, said Mr of filters so far was "in the thousands", he said. CSG estimates once the centre is fully operational it could recycle 86 tonnes of microfibres each year."Microplastic pollution is a global crisis hiding in plain sight," said Mr Miller."It's in our oceans, our food, even our bloodstreams."This facility proves that it's not too late to act, and that we can build commercially viable solutions that protect the planet."The filters are already in use by Marella Cruises, which is capturing an estimated 500kg of microfibres per ship annually, said CSG.
Yahoo
13-05-2025
- Business
- Yahoo
Elliott's Arconic chapter draws to a close, ten years later
One of the longest, strangest, and most profitable activist campaigns in memory has come to a quiet end. Elliott Management partner Dave Miller quietly stepped off the board of Howmet Aerospace last week, closing the books on a corporate battle that captivated and bemused Wall Street and inspired a subplot. Howmet is one of three companies that emerged from Alcoa, the aluminum giant in which Elliott took a stake in 2015. The hedge fund pushed the company to split in two: Alcoa, which mined aluminum, and Arconic, which made things with it. Arconic continued to struggle, prompting Elliott to launch an extremely memorable proxy fight in 2016 that involved the activist mailing video tablets to shareholders to watch its pitch — something HBO writers would later steal as a plot point for Waystar Royco's own boardroom battle. Arconic's CEO responded by couriering a letter to Elliott founder Paul Singer containing vague, and vaguely extortionate references about a fountain serenade during a World Cup trip. Arconic fired its CEO, gave Elliott board seats, spun off a division that was later sold to Apollo, and turned its remaining business into a $64 billion aerospace juggernaut, Howmet. Miller's departure from Howmet's board caps a highly lucrative play for Elliott's investors: the hedge fund's stake was worth around $1 billion in 2017. Eight years later, that same position would be worth roughly $8.4 billion, based on Semafor's calculations. A spokesperson for Elliott declined to comment on the matter. Arconic became one of Elliott's most defining skirmishes, outdone only by a fight at Samsung C&T that indirectly felled South Korea's president, or the time it seized an Argentinian naval ship. It earned Elliott a reputation for pugnacity and persistence — what Singer called 'manual efforts' — that the activist has shed to a certain extent. The hedge fund has only gone full-tilt once in the last 10 years — the current fight at another conglomerate, Phillips 66, which will head to a shareholder vote next week, barring a settlement — although it came close to going the distance at Southwest Airlines last year. Most activist engagements today never become public. That reflects both the growing size of these funds, which now manage tens of billions of dollars and whose correspondingly larger prey requires careful engagement, but also the reality of boards and CEOs today. Companies opt to go activist on themselves through board refreshments, stock buybacks, and a willingness to hold underperforming executives to account. Just as boards have shown a willingness to savage themselves, activists have borrowed from the corporate playbook as well. Most to move quietly, negotiating behind the scenes — a method that saves them time and money. But they don't shy away from a fight, either. Those relatively few fights that now make it to the public eye — Trian and Disney, Elliott and Southwest, Ancora and Norfolk Southern — remain marked by the old pugilism. And activists now have far more tools at their disposal: private investigators, jet trackers, social media monitoring, and things even we don't know about. Meanwhile, companies pay tens of thousands of dollars for sophisticated monitoring software that flags when known activists visit their websites. And when the fights get fierce, CEOs can call on their powerful friends: Jamie Dimon, George Lucas, and the Disney family itself all publicly backed management in Trian's 2024 proxy fight at the House of Mouse. Elliott is inching closer to victory at Phillips 66. ISS endorsed all four of the activist's board nominees, Semafor first reported last night, only the second time in the last 15 years that the advisory firm has backed an activist's entire slate of nominees at a large company. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
08-05-2025
- General
- Yahoo
LSB Junior Board awards local nonprofits funding during year-end meeting
The Logansport Savings Bank Junior Board wrapped up the 2024-25 school year Wednesday afternoon by awarding $1,000 checks to the Literacy Volunteers of Cass County and to Our Father's House. The Junior Board is made up of local high school juniors and seniors from Caston, Lewis Cass, Logansport and Pioneer. A requirement for being part of the board is that each member completes 10 hours of community service. The bank pays the students for their time and collects the money into a single fund. The students then choose local non-profits to gift the money to. Each students researches a local organization and gives a presentation on that organization during a board meeting. Literacy Volunteers works to help locals learn to read and also teaches English to non-speakers. The Father's House is a sober living home for men. Dave Miller, the organization's director, was thankful to receive the gift. 'The funding will go a long way toward training tutors, buying materials for tutors, buying materials for students and training students,' he said. He said that many in the community did not know about the Literacy Volunteers. When it came to researching the program, Pioneer junior Mia McKaig set out to look for literacy coalitions and discovered the Literacy Volunteers via a web search. Josh Garrison and Aaron Bolin are residents at The Father's House and were present as the Junior Board awarded the house a check. Garrison said he was surprised when he found out that the would receive the funding and called it a blessing. 'It helps more people get on their feet,' he said. 'It helps with repairs. Just knowing that there are people who are willing to help us is even more of a reason to want to do better.' During the year, the bank takes the students to different businesses and organizations around the community to learn more about what they offer Logansport and Cass County. 'It's been really nice getting to see the other businesses and how they work,' said Nicholas Park, a Lewis Cass senior who will attend Rose Hulman to study optical engineering. 'This year especially, the community hours have been really nice. We worked more closely with places like Our Father's House and Emmaus. Last year was about building relationships and this year was about seeing the practical application of those relationships and how they can help people in the community.' Myli Rude, a junior from Caston, said that being part of the board had encouraged her to help in the community and said working with students from other schools had been a confidence booster. She said she learned it is very important to have people by her side who want to accomplish similar goals so that those goals can be accomplished in better, stronger ways. Ashanta Curry, a Logansport senior, credited the Junior Board for teaching her how many opportunities there were in Logansport. 'Not many people think there are a good amount of job opportunities in Logansport but I think the junior board has shown there are so many job opportunities here and there are opportunities that will help you put your best foot forward,' she said. McKaig said her first year on the board was a great opportunity to meet new people and she was surprised how many similarities the students shared despite their diverse backgrounds 'I was surprised by that and how many friends I could make here,' she said. Hunter Bartling, also a Pioneer junior, said he agreed with McCaig and when he started the year he tended to keep more to himself until he realized the group of students shared a lot in common. 'I could relate to them more than I thought I could and I started to speak up more and everyone listens,' he said. 'It's nice to be listened to in a group.' Pioneer senior Keirsten Nies served as the board president this year. She will attend West Point in the fall. 'Leading a group of students such as those on the junior board has been extraordinary,' she said. 'It's so comforting to see that so many youth in the county really care about the community and possess the intellect and leadership required to do some of the things that we do. We were able to impact Logansport in some pretty monumental ways this year.' Carmen Jones, the bank's marketing officer, worked closely with the students throughout the school year. 'It's a joy and a privilege to get to know these kids so well during their time on the Junior Board,' she said. 'We have a lot of fun and we learn a lot, too, about our community and each other. I look forward to having the juniors back as seniors next year, and to seeing what this year's seniors will do in their futures.' '(The students) have been great to work with,' said Chad Higgins, president and CEO of Logansport Savings Bank 'I think this is our sixth group and I'm said to see the seniors go but I think they've been a great group of kids to work with.
Yahoo
26-03-2025
- Business
- Yahoo
Knoxville Chamber releases five-year vision
KNOXVILLE, Tenn. (WATE) — The Knoxville Chamber released a new 'strategic vision,' called 'Prosperity Through Innovation.' Through this vision, the chamber wants to leverage innovation to improve Knoxville's economy and increase opportunities for all Knoxvillians. The vision is focused on innovation and preparation for the future. It includes six priorities and six initiatives. KUB weatherizes 3,000 homes to help low-income households save money The priorities are to align with the 2030 Protocol and achieve the following by 2030: Raise average annual pay 30% Lower the poverty rate 25% Increase the population of 25 – 54-year-olds 7% Raise Knoxville's ranking in the Milken Institute's Best-Performing Cities from 69th to the top 10 Raise the city's innovation ranking in the Innovation Cities Index by 20 places To meet these goals, the Knoxville chamber will seek to develop and implement an innovation-growth strategy, an innovation business expansion program, a digital education/training strategy and a Chattanooga-Knoxville-Tri-Cities partnership. They also seek to enhance efforts to attract and retain the 25- to 54-year-old demographic and update the Path to Prosperity strategies. New leaders of Chattanooga, Knoxville charter schools appointed after hiring scandal fallout 'We believe that the execution of this plan will allow Knoxville to take a significant step toward positioning itself as an economic leader, ' said Dave Miller, Knoxville Chamber Board Chair and First Horizon EVP of Bank Strategy and Performance. 'Investors in the Knoxville Chamber should be proud of the work they are funding as it supports a commitment to building a brighter tomorrow.' 'Prosperity Through Innovation' supersedes the old vision, which was called 'Path to Prosperity.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
17-03-2025
- Business
- Yahoo
Knoxville Chamber lists building for sale for $7.5M
KNOXVILLE, Tenn. (WATE) — The Knoxville Chamber of Commerce listed their Market Square office for sale at $7.5 million. 6 News previously reported that the chamber planned to move out of the office and find a new location, and now the 19,775 square-foot property at 17 Market Square is officially listed for sale. The chamber's office has been in Market Square since 2004. Singer from Seymour wins golden ticket on American Idol, performs at Grand Ole Opry 'Now is your chance to own property in the heart of Knoxville, surrounded by shops, dining, and a bustling atmosphere that fosters growth and collaboration,' the chamber posted on Monday. The chamber's mission is to drive economic prosperity across the region, and their board of directors is composed of community and business leaders. The chair is Dave Miller, Chief Operating Officer for Regional Banking at First Horizon Bank. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
