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Budget rates relief ‘necessary'
Budget rates relief ‘necessary'

Otago Daily Times

time3 days ago

  • Business
  • Otago Daily Times

Budget rates relief ‘necessary'

Oamaru. PHOTO: PETER MCINTOSH Rates relief for potentially hundreds of Waitaki senior citizens through Budget 2025, is "timely and necessary", Age Concern Otago says. The Budget last week announced a rise in the income abatement threshold for SuperGold Cardholders and their households to be eligible for the maximum rebate from $31,510 to $45,000, about the same rate as a couple receiving superannuation. "In the Waitaki District alone, over 5700 people receive NZ Super, many of whom will benefit directly from this support," Age Concern Otago chief executive Mike Williams said. "While we don't have exact figures on how many will qualify, we do know that around 40% of New Zealanders aged 65 and over have virtually no other income beyond NZ Super. With nearly a quarter of Waitaki's population aged 65 or older, and rates set to rise by an average of around 10% across the district, this support is both timely and necessary." The maximum rebate for the scheme will also increase from $790 to $805, while those SuperGold cardholders with income higher than $45,000 will be eligible for a smaller rebate. Ratepayers can apply for the new maximum rebate under the new abatement thresholds after July 1. Application forms will be available from councils and will also be able to be downloaded from the New Zealand Government website ( and then submitted to local councils. Waitaki district mayor Gary Kircher is positive in his support for the move. "It's a tough budget for many, though I see some benefits in the budget for our community," he told the Oamaru Mail. "It is good to see that more of our Super Gold Card holders will be eligible for rates relief, as the government recognises the pressures on local government and their ratepayers. "This is welcome news for many of our Waitaki ratepayers, especially those on fixed incomes who own their own homes." Any over-65s with questions about eligibility can contact Waitaki District Council on 03 433 0300 or by contacting service@ Mr Kircher said there were other good news items in the Budget. "An increase of $2.7b for roads schools and hospitals will help, though at least some of those increases had already been announced. "From a council perspective, it will be extremely helpful if the government increases the ability of NZTA to match more of our funding to help councils make progress on the overall underinvestment in roading. "There will be general benefits for our community with the sensible changes to prescriptions, and improvements to our after-hours healthcare, along with an extra $1b for new health infrastructure. "However, the zero increase to many budgets and the decrease in others will be difficult for most government agencies. "I doubt that it has been an easy task for the government, and there is some good logic behind a number of changes. "Unfortunately, many people are doing it bloody hard right now and there will some who are going to be slightly better off, but not all of those most affected." Waitaki MP Miles Anderson said the district would also benefit from Budget 2025's new Investment Boost initiative, which would provide "a major new tax incentive to encourage businesses to invest, grow the economy, and lift wages". "This is great news for farms and businesses in the Waitaki and the initiative is already seeing a strong positive response from the sector. "With our region's strong rural and supporting industries we need businesses to invest in productive assets — like machinery, tools, equipment, vehicles and technology. Investment drives productivity improvements, makes firms more competitive and supports employers to improve workers' wages. "Investment Boost allows a business to immediately deduct 20% of the cost of a new asset, on top of depreciation, meaning a much lower tax bill in the year of purchase." That meant better cashflows, which in turn, makes potential investments "stack up financially", he said. On top of a $164m investment in rural health, including expanded and improved after-hours health services in Oamaru, the Budget also strengthened education provision with $1.5billion to improve student achievement, including $646m of initiatives to ensure earlier identification of, and better help for, children with additional physical, learning and behavioural needs, he said. Another $700m would deliver new schools and classrooms. "We are making smart improvements in education that will make a real difference for young people here," Mr Anderson said.

Mike Williams stats, game log, news, injury status
Mike Williams stats, game log, news, injury status

USA Today

time23-05-2025

  • Sport
  • USA Today

Mike Williams stats, game log, news, injury status

Mike Williams stats, game log, news, injury status Mike Williams and the Los Angeles Chargers are set to begin their 2025 season versus the Kansas City Chiefs, kicking off at 8 p.m. ET on Sept. 5. Williams reeled in 21 passes on 34 targets for 298 yards and one touchdown last year, averaging 22.9 yards per game. Get Chargers tickets on StubHub! Mike Williams injury news Williams is currently not listed on this week's injury report. No other receivers are on the injury report for the Chargers. Mike Williams stats (2024) Targets: 34 34 Receptions: 21 21 Receiving yards: 298 298 Receiving YAC: 35 35 Receiving TDs: 1 Williams game log (2024) Week 2 at Titans: 1 TAR, 1 REC, 19 REC YDS, 0 REC TD 1 TAR, 1 REC, 19 REC YDS, 0 REC TD Week 3 vs. Patriots: 4 TAR, 3 REC, 34 REC YDS, 0 REC TD 4 TAR, 3 REC, 34 REC YDS, 0 REC TD Week 4 vs. Broncos: 5 TAR, 4 REC, 67 REC YDS, 0 REC TD 5 TAR, 4 REC, 67 REC YDS, 0 REC TD Week 5 at Vikings: 4 TAR, 2 REC, 25 REC YDS, 0 REC TD 4 TAR, 2 REC, 25 REC YDS, 0 REC TD Week 6 vs. Bills: 3 TAR, 0 REC, 0 REC YDS, 0 REC TD 3 TAR, 0 REC, 0 REC YDS, 0 REC TD Week 7 at Steelers: 2 TAR, 1 REC, 15 REC YDS, 0 REC TD 2 TAR, 1 REC, 15 REC YDS, 0 REC TD Week 9 vs. Texans: 2 TAR, 1 REC, 6 REC YDS, 0 REC TD 2 TAR, 1 REC, 6 REC YDS, 0 REC TD Week 10 at Commanders: 1 TAR, 1 REC, 32 REC YDS, 1 REC TD 1 TAR, 1 REC, 32 REC YDS, 1 REC TD Week 14 vs. Browns: 4 TAR, 3 REC, 36 REC YDS, 0 REC TD 4 TAR, 3 REC, 36 REC YDS, 0 REC TD Week 15 at Eagles: 2 TAR, 1 REC, 15 REC YDS, 0 REC TD 2 TAR, 1 REC, 15 REC YDS, 0 REC TD Week 16 at Ravens: 3 TAR, 3 REC, 24 REC YDS, 0 REC TD 3 TAR, 3 REC, 24 REC YDS, 0 REC TD Week 17 vs. Chiefs: 2 TAR, 0 REC, 0 REC YDS, 0 REC TD 2 TAR, 0 REC, 0 REC YDS, 0 REC TD Week 18 vs. Bengals: 1 TAR, 1 REC, 25 REC YDS, 0 REC TD 1 TAR, 1 REC, 25 REC YDS, 0 REC TD Wild Card at Ravens: 2 TAR, 1 REC, 37 REC YDS, 0 REC TD Mike Williams fantasy insights (2024) In 2024, Williams was 102nd at his position and 300th in the NFL in fantasy points, with 35.8 (2.8 per game). In his best game of the season, Williams finished with 9.2 fantasy points -- one reception, 32 yards and one touchdown. That was in Week 10 against the Washington Commanders. In Week 4 versus the Denver Broncos, Williams posted 6.7 fantasy points (his second-highest total of the season), thanks to this stat line: four receptions, 67 yards. Next game: Mike Williams vs. the Kansas City Chiefs Williams' Los Angeles Chargers (0-0) play in Week 1 versus the Kansas City Chiefs (0-0). How to watch Mike Williams and the Chargers Matchup: Los Angeles Chargers vs. Kansas City Chiefs Los Angeles Chargers vs. Kansas City Chiefs Time: 8 p.m. ET 8 p.m. ET Date: September 5, 2025 September 5, 2025 TV: YouTube Watch the NFL on Fubo!

Metallus Promotes Kristopher R. Westbrooks to President and Chief Operating Officer; Appoints John M. Zaranec III as Executive Vice President and Chief Financial Officer
Metallus Promotes Kristopher R. Westbrooks to President and Chief Operating Officer; Appoints John M. Zaranec III as Executive Vice President and Chief Financial Officer

Yahoo

time20-05-2025

  • Business
  • Yahoo

Metallus Promotes Kristopher R. Westbrooks to President and Chief Operating Officer; Appoints John M. Zaranec III as Executive Vice President and Chief Financial Officer

CANTON, Ohio, May 20, 2025 /PRNewswire/ -- Metallus (NYSE: MTUS), a leader in high-quality specialty metals, manufactured components and supply chain solutions, today announced that Kristopher R. Westbrooks has been promoted to the newly created role of president and chief operating officer and John M. Zaranec III has been appointed as the company's executive vice president and chief financial officer, effective June 16, 2025. Both executives will report directly to Mike Williams, Metallus' chief executive officer. As president and chief operating officer, Westbrooks will lead Metallus' safety, manufacturing operations and excellence, and supply chain organizations, fostering cross-functional collaboration and operational excellence. He will drive alignment with the company's strategic initiatives while supporting its growth objectives. Westbrooks has served as the company's chief financial officer since September 2018 and has been a pivotal part of Metallus' transformation over the past several years. Prior to joining Metallus, Westbrooks was with A. Schulman, Inc., where he served as vice president, chief accounting officer and corporate controller. Westbrooks started his career in public accounting and graduated from Miami University. "Over the past seven years, Kris has played an instrumental role in our company's growth, consistently providing outstanding leadership and strategic guidance. His ability to build high-performing teams, combined with his expertise in financial strategy and deep understanding of our business, has strengthened our balance sheet—enhancing our flexibility to drive growth and navigate economic challenges. Under his leadership, we have established a strong foundation that positions us for continued success," said Mike Williams. Zaranec brings over 20 years of financial experience and skills in the manufacturing and industrial sectors. Most recently, he served as division chief financial officer at Materion Corporation, leading the finance strategy and function for the Performance Materials segment. Before that, he held various leadership roles at Materion, including chief accounting officer, corporate controller, and head of investor relations. His experience also includes finance leadership at The Timken Company. Prior to transitioning into industry, he spent nearly a decade in public accounting. Zaranec holds a bachelor's degree in business and a master's degree in accountancy from Miami University. "We are excited to welcome John to Metallus. With extensive expertise in driving company performance and strategy as a financial business partner, as well as engaging with investors, financial planning, forecasting, and team development, we are confident he will play a key role in our continued success. We look forward to his contributions and leadership as we remain focused on delivering value to our shareholders," stated Williams. ABOUT METALLUS (NYSE: MTUS) manufactures high-performance specialty metals from recycled scrap metal in Canton, OH, serving demanding applications in industrial, automotive, aerospace & defense and energy end markets. The company is a premier U.S. producer of alloy steel bars (up to 16 inches in diameter), seamless mechanical tubing and manufactured components. In the business of making high-quality steel for more than 100 years, Metallus' proven expertise contributes to the performance of our customers' products. The company employs approximately 1,880 people and had sales of $1.1 billion in 2024. For more information, please visit us at FORWARD-LOOKING STATEMENTSThis news release includes "forward-looking" statements within the meaning of the federal securities laws. You can generally identify the company's forward-looking statements by words such as "will," "anticipate," "aspire," "believe," "could," "estimate," "expect," "forecast," "outlook," "intend," "may," "plan," "possible," "potential," "predict," "project," "seek," "target," "should," "would," "strategy," or "strategic direction" or other similar words, phrases or expressions that convey the uncertainty of future events or outcomes. The company cautions readers that actual results may differ materially from those expressed or implied in forward-looking statements made by or on behalf of the company due to a variety of factors, such as: (1) the effects of fluctuations in customer demand on sales, product mix and prices in the industries in which the company operates, including the ability of the company to respond to rapid changes in customer demand including but not limited to changes in domestic and worldwide political and economic conditions due to, among other factors, U.S. and foreign trade policies and the impact on economic conditions, changes in customer operating schedules due to supply chain constraints or unplanned work stoppages, the ability of customers to obtain financing to purchase the company's products or equipment that contains its products, the effects of customer bankruptcies or liquidations, the impact of changes in industrial business cycles, and whether conditions of fair trade exist in U.S. markets; (2) changes in operating costs, including the effect of changes in the company's manufacturing processes, changes in costs associated with varying levels of operations and manufacturing capacity, availability of raw materials and energy, the company's ability to mitigate the impact of fluctuations in raw materials and energy costs and the effectiveness of its surcharge mechanism, changes in the expected costs associated with product warranty claims, changes resulting from inventory management, cost reduction initiatives and different levels of customer demands, the effects of unplanned work stoppages, availability of skilled labor and changes in the cost of labor and benefits; (3) the success of the company's operating plans, announced programs, initiatives and capital investments, the consistency to meet demand levels following unplanned downtime, and the company's ability to maintain appropriate relations with the union that represents its associates in certain locations in order to avoid disruptions of business; (4) whether the company is able to successfully implement actions designed to improve profitability on anticipated terms and timetables and whether the company is able to fully realize the expected benefits of such actions; (5) the company's pension obligations and investment performance; (6) with respect to the company's ability to achieve its sustainability goals, including its 2030 environmental goals, the ability to meet such goals within the expected timeframe, changes in laws, regulations, prevailing standards or public policy, the alignment of the scientific community on measurement and reporting approaches, the complexity of commodity supply chains and the evolution of and adoption of new technology, including traceability practices, tools and processes; (7) availability of property insurance coverage at commercially reasonable rates or insufficient insurance coverage to cover claims or damages; (8) the availability of financing and interest rates, which affect the company's cost of funds and/or ability to raise capital; (9) the impacts from any repurchases of our common shares, including the timing and amount of any repurchases; (10) competitive factors, including changes in market penetration, increasing price competition by existing or new foreign and domestic competitors, the introduction of new products by existing and new competitors, and new technology that may impact the way the company's products are sold or distributed; (11) deterioration in global economic conditions, or in economic conditions in any of the geographic regions in which the company conducts business, including additional adverse effects from global economic slowdown, terrorism or hostilities, including political risks associated with the potential instability of governments and legal systems in countries in which the company or its customers conduct business, and changes in currency valuations; (12) the impact of global conflicts on the economy, sourcing of raw materials, and commodity prices; (13) climate-related risks, including environmental and severe weather caused by climate changes, and legislative and regulatory initiatives addressing global climate change or other environmental concerns; (14) unanticipated litigation, claims or assessments, including claims or problems related to intellectual property, product liability or warranty, employment matters, regulatory compliance and environmental issues and taxes, among other matters; (15) cyber-related risks, including information technology system failures, interruptions and security breaches; (16) the potential impact of pandemics, epidemics, widespread illness or other health issues; and (17) with respect to the equipment investments to support the U.S. Army's mission of ramping up munitions production in the coming years, whether the funding awarded to support these investments is received on the anticipated timetable, whether the company is able to successfully complete the installation and commissioning of the new assets on the targeted budget and timetable, and whether the anticipated increase in throughput is achieved. Further, this news release represents our current policy and intent and is not intended to create legal rights or obligations. Certain standards of measurement and performance contained in this news release are developing and based on assumptions, and no assurance can be given that any plan, objective, initiative, projection, goal, mission, commitment, expectation or prospect set forth in this news release can or will be achieved. Inclusion of information in this news release is not an indication that the subject or information is material to our business or operating results. Additional risks relating to the company's business, the industries in which the company operates, or the company's common shares may be described from time to time in the company's filings with the SEC. All of these risk factors are difficult to predict, are subject to material uncertainties that may affect actual results and may be beyond the company's control. Readers are cautioned that it is not possible to predict or identify all of the risks, uncertainties and other factors that may affect future results and that the above list should not be considered to be a complete list. Except as required by the federal securities laws, the company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. View original content to download multimedia: SOURCE Metallus Inc.

Toobit Strengthens European Presence as Platinum Sponsor of Dutch Blockchain Week 2025
Toobit Strengthens European Presence as Platinum Sponsor of Dutch Blockchain Week 2025

Associated Press

time19-05-2025

  • Business
  • Associated Press

Toobit Strengthens European Presence as Platinum Sponsor of Dutch Blockchain Week 2025

GEORGE TOWN, Cayman Islands, May 19, 2025 (GLOBE NEWSWIRE) -- Toobit, an award-winning cryptocurrency exchange, will be participating in the upcoming Dutch Blockchain Week 2025 (DBW25) happening from May 19 to 25 as a Platinum Sponsor. The exchange will also be hosting a booth happening at the event's Dutch Blockchain Summit, which will be held at Amsterdam's Meervaart Theater on May 21 and 22. DBW25 is one of Europe's leading blockchain gatherings, bringing together industry leaders, developers, investors, and regulators to explore innovations in digital assets and decentralized technologies. Organized by the BCNL Foundation, the largest Web3 ecosystem in the Netherlands, the event will serve as a hub for collaboration and knowledge-sharing, showcasing the evolving role of blockchain technology in finance and beyond. 'We're excited to be part of Dutch Blockchain Week, where some of the most important conversations around blockchain technology take place,' said Mike Williams, Chief Communication Officer of Toobit. 'We look forward to building on meaningful discussions and exploring new innovations and opportunities in the space.' Toobit's participation in the event comes on the heels of its successful participation in Web3 Amsterdam earlier this year, where the exchange similarly took on the role of Platinum Sponsor. The cryptoasset exchange had then mentioned its burgeoning presence in the Netherlands, as well as its intent to reach out to physically meet and engage its collaborators within the European crypto ecosystem. Dutch Blockchain Week provides a key platform for discussing emerging trends in security, accessibility, and innovations in crypto trading. Toobit joins a global network of professionals shaping the future of digital finance, contributing to the industry's ongoing evolution. At the event, Toobit will also showcase its latest trading solutions, explore partnerships, and connect with the broader blockchain community. For more information on Dutch Blockchain Week 2025, visit About Toobit Toobit is where the future of crypto trading unfolds—an award-winning cryptocurrency derivatives exchange built for those who thrive exploring new frontiers. With deep liquidity and cutting-edge technology, Toobit empowers traders worldwide to navigate the digital asset markets with confidence. We offer a fair, secure, seamless, and transparent trading experience, ensuring every trade is an opportunity to discover what's next. For more information about Toobit, visit: Website | X | Telegram | LinkedIn | Discord | Instagram Contact: Davin C. Email: [email protected] Website: Disclaimer: This is a paid post and is provided by Toobit. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at

Chargers G.M. Joe Hortiz: We'll see what we have at receiver before any potential addition
Chargers G.M. Joe Hortiz: We'll see what we have at receiver before any potential addition

NBC Sports

time08-05-2025

  • Sport
  • NBC Sports

Chargers G.M. Joe Hortiz: We'll see what we have at receiver before any potential addition

The Chargers brought Mike Williams back as a free agent this offseason and they drafted Tre Brown in the second round, but General Manager Joe Hortiz may not be done adding receivers to the roster ahead of the 2025 season. Hortiz, who also drafted KeAndre Lambert-Smith in the fifth round, was a guest on Up & Adams this week and he was asked if the team was still looking to bolster the wideout group this offseason. He said that the team will go through rookie minicamp and organized team activities before making any decisions. 'I think we're going to see what we have out there this weekend and through OTAs, but I'd never say we're done adding anything,' Hortiz said. 'Any chance we can get — if we need the help, if we can help improve the team and the competitiveness of the team and competition at the position.' Host Kay Adams brought up former Charger Keenan Allen being a free agent later in the appearance, but Hortiz didn't give any signal that there's interest in teaming him up with Williams once again.

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