Latest news with #Krupa
Yahoo
14-05-2025
- Sport
- Yahoo
Eastridge/BK's Krupa tops Section Five Best
Ada Krupa is a record breaking finisher and a record breaking starter. The Eastridge/BK senior broke the program record for goals last week after scoring four in a dominating win last Wednesday. Krupa currently has 208 after adding 12 more in the last three Lancer contests. She also snagged 32 draw controls in the last four games, three of which were wins. Krupa has 560 of those for her career and that is the most in Section Five history (with the caveat the stat has only been tracked for the last ten seasons). More than worthy enough to top the Section Five Best for May 13th, but that wasn't all. Spencerport's Jayda Solomon won the 100 meters in the Monroe County meet and followed with wins in the 100 and 200 at the Flower City Invitational. She currently has the best Section Five time this season in both events. Speaking of a top time, Penfield's Micah Davis put up the fastest mark in the 400 last week with a finish of 49.45 seconds. That run earned him a dual meet win and he followed with three impressive finishes at a state wide meet in Albany: 1st in the 200, 2nd in the 100 and 5th in the long jump. On the diamond, Geneseo's Adelyn McDonald pitched four complete games last week and allowed only four runs with a whopping 63 strikeouts. She added a 3-4 day with four RBIs on Monday in a 3-1 week for the Blue Devils. Anna Forman led Athena flag football to three wins with 482 yards passing and five touchdowns. That included the only score in a 7-0 win over Spencerport. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Reuters
30-04-2025
- Business
- Reuters
SocGen beats Q1 forecasts after retail rebound and equities boom
PARIS, April 30 - French bank Societe Generale ( opens new tab reported stronger-than-expected first-quarter earnings on Wednesday, propelled by a continued rebound in retail banking and a jump in equities trading amid volatile financial markets. First-quarter group net income more than doubled from a year earlier to 1.61 billion euros ($1.84 billion), France's third-biggest listed lender said, exceeding the average estimate of 14 analysts compiled by the company by about 400 million euros. One-off gains from asset sales accounted for half that sum. Revenues were up by 6.6% to 7.1 billion euros, also beating the 6.9 billion-euro average estimate. The bank said its return on tangible equity -- a key measure of profitability that at SocGen has long lagged rivals -- was 11% in the first quarter, ahead of its full-year target of 8%. The results come as Chief Executive Slawomir Krupa pushes ahead with a turnaround and cost-cutting plan that, after initially failing to restore investor confidence following years of lacklustre performance, appears now to be bearing fruit. SocGen's stock is up 73% over the last twelve months, overperforming BNP Paribas ( opens new tab (+11.6%)and a 30% gain for the European banking sector (.SX7P), opens new tab. Like other banks reporting this week, Krupa said SocGen was sticking with its targets for this year, including sales growth of more than 3%. European lenders have so far shrugged off any major concerns about the economic fallout from U.S. President Donald Trump's trade war and most listed banks have recovered nearly all of the big drop in their share prices in early April. SocGen's French retail division saw its quarterly net interest income -- the difference between what banks earn on loans and what they pay on deposits -- jump by 28% year-on-year, driven by a more than doubling of mortgage loan issuance. The Paris-based lender's equities business increased sales by 22%, similar to the gains recorded by Wall Street banks but about half the increase at BNP Paribas. Sales from trading in fixed income and currencies, however, dropped 2.4%, SocGen said. Overall, the group's investment banking division, its biggest, grew by 10% in the first quarter, beating expectations. Investors still value SocGen at relatively low levels. The bank's price-to-book ratio has risen to trade near 0.5, up from less than 0.3 in September, but still lagging French peers and other major European lenders. ($1 = 0.8761 euros)
Yahoo
09-03-2025
- Politics
- Yahoo
Pa. representative fights to make it more difficult for colleges to close regional branches
SHARON, Pa. (WKBN) – One Pennsylvania lawmaker says it's unfair how Penn State University is looking to close multiple campuses across the state. She recently introduced new legislation that would give the public a voice. Republican Rep. Charity Krupa, of Fayette County, introduced the bill this week following the announcement from Penn State's president that they would look to potentially close 12 of its campuses. Most of those are located near more rural communities, including Penn State Shenango, which is on the chopping block. In Krupa's memo, she said: Decisions of this magnitude will likely shutter campuses in rural and working-class communities, devastating regional economies while removing educational opportunities to students who may otherwise have no path forward. There are three parts to this legislation focused on giving a voice to the public, as Penn State is a state-funded university. The first part ensures publicly-funded, state-related universities cannot close branch campuses without legislative oversight and public input. The second bill would do things like require a formal transition plan that ensures alternative options before a branch campus closes. It would also introduce penalties for campus closures without approved plans and mandate legislative oversight of universities that close regional branches. The third bill wants to make sure that state-related universities cannot close branches without taking a look at the economic impacts, including what it would mean for local businesses and workforces. As of now, there is no information on if or when these campuses could close. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
06-03-2025
- Politics
- Yahoo
Pennsylvania Rep. introduces bill in response to possible PSU campus closures
PENNSYLVANIA (WTAJ) — In response to Penn State University's announcement on possible closures, a Representative announced a package of bills that would give Pennsylvanians a voice in higher education operations. Recently, Dr. Neeli Bendapudi, the president of PSU, announced that several satellite campuses across the Commonwealth could possibly face closures. Representative Charity Krupa (R – Fayette), the author of the bill, argued that Penn State and other state-related institutions are publically funded so, in turn, have an obligation to serve all Pennsylvanians. 'The proposed closure of branch campuses, particularly in rural and economically disadvantaged regions, is a direct betrayal of that mission and an unacceptable misuse of public funds,' Krupa wrote. 'These universities have an obligation to weigh the full consequences of their decisions.' Krupa's package has three bills, each focused on a different sector of publically funded relations when it comes to universities. This legislation looks to ensure that publicly funded state-related universities cannot close branch campuses without legislative oversight and public input. The bill will hold universities accountable by requiring: Legislative approval before a branch campus can be closed, merged, or significantly downsized A financial justification and economic impact study before any closure can be considered A student impact report to assess how many students will lose access to higher education Public hearings in the affected region to ensure community voices are heard Penalties for noncompliance, including withholding state funding increases for universities that violate the act The second bill would protect regional access to higher education and looks to ensure taxpayer dollars are 'used responsibly' by state-related universities. The legislation would establish 'common-sense measures' to prevent universities from 'abandoning communities with accountability' by: Requiring a formal transition plan before a branch campus can close, ensuring alternative education options for students Imposing funding penalties on universities that close campuses without a legitimate and approved plan Mandating legislative oversight of institutions that attempt to cut off regional access to higher education Conditioning state funding on maintaining access to four-year degree programs in affected regions The third bill looks to ensure that state-related universities cannot close branch campuses without first assessing the economic and workforce consequences for the affected communities. Specifically, the bill would: Mandate an independent economic analysis to evaluate the impact of a closure on local businesses, employment, and tax revenue Examinebworkforce effects, particularly in industries already facing labor shortages Require alternative education solutions to mitigate harm to students and the broader community Subject the study to public and legislative review, ensuring transparency and accountability Impose penalties on universities that close campuses without following these requirements, including funding reductions and tuition rebates for displaced students It is important to note that as of publication, Dr. Bendapudi has yet to announce what PSU satellite campuses will close. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
05-03-2025
- Politics
- Yahoo
Pennsylvania lawmakers discuss future of SNAP benefits
(WHTM) — Nutrition for children, home health care for seniors, and everything in between are overseen by the Department of Human Services, which makes up the largest part of the state budget. Today, lawmakers questioned it in budget hearings. The budget request from the Governor's Office is roughly $21.1 billion, with a $2 billion increase for Human Services. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Human Services Secretary Val Arkoosh said the feds send $367 million a month to the Keystone State for SNAP benefits, which are increasingly targeted by thieves. 'This is money going to our most vulnerable families and children and older adults, people who really need this benefit to put food on their table, so it is disgusting,' said Secretary Arkoosh during an appropriations hearing on Tuesday. DOGE: Several government offices to close in Central Pennsylvania One scammer stole benefits from 17 people in Central Pennsylvania and made bulk purchases of Red Bull and candy. Before December, the feds would make victims whole, but no more. '(People) are showing up at our offices hungry,' said Arkoosh. 'They can't feed their kids, and they are understandably wildly upset.' State Rep. Charity Grimm Krupa (R-Allegheny) wants more secure benefit cards and odd purchases flagged. Changes proposed to Pennsylvania's Sunday hunting law 'We definitely don't want to stop anybody from going out and buying a bag of M&Ms,' said Rep. Krupa. 'But, there needs to be a deeper dive into balancing food choice with better with the nutritional goals of the program.' Pennsylvania gets a lot of money from Washington, which could dry up as President Donald Trump looks for inefficiencies. 'If someone in the federal government turns off a system, there is very little that we can do about it,' said Arkoosh. There is very little that budget crafters can count on. They do have hope and their fingers crossed. 'It's really fraught right now,' said Rep. Emily Kinkhead (D-Allegheny). 'I think that's the case with pretty much every state, whether it's red or blue or purple. We are not really sure how things are going to go.' Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Even ardent Trump supporters concede a trickle-down of uncertainty. 'If there's one thing that you could criticize, you know, he went in with, what's he saying? 'A chainsaw, not a scalpel,'' said Krupa. 'In our lifetimes, we've not seen anybody else take such a proactive role in cutting out that waste, fraud, and abuse.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
