Latest news with #OSV
Yahoo
16-05-2025
- Entertainment
- Yahoo
O'Shaughnessy Ventures Backs New York City Documentary Project
Photographer Rob Stephenson awarded $100,000 fellowship to expand visual and sonic archive of the city's neighborhoods GREENWICH, Conn., May 16, 2025 /PRNewswire/ -- O'Shaughnessy Ventures LLC (OSV), an investment firm that empowers creators, has awarded a $100,000 O'Shaughnessy Fellowship to Rob Stephenson, an award-winning fine art and architectural photographer based in Brooklyn, N.Y. Stephenson will use the fellowship to expand The Neighborhoods, his long-term documentary project that combines photography, field recordings and research-based writing to create a visual and sonic archive of New York City's neighborhoods in the early 21st century. He will grow the project, which is currently distributed as a newsletter, into an interactive website, with print editions also under consideration. Nearing the end of its second year, The Neighborhoods has covered nearly 100 of the city's 300-plus neighborhoods. Stephenson's photographs of evolving urban landscapes have been exhibited at the Brooklyn Museum, the Museum of the City of New York, and in venues across North America and Europe. His commissions include work for the Center for Architecture and the Architectural League of New York. He has received multiple fellowships and awards, including the FotoFilmic Solo V award and the Joyce Elaine Grant Photography Exhibition Solo Show award. His work has appeared in The New York Times, The Wall Street Journal, Wired, Bloomberg Businessweek and other publications. OSV's founder and CEO, Jim O'Shaughnessy, commented, "As a New York lover and photography fan, I'm thrilled to support this important cultural and historical project." "I am deeply honored to receive the O'Shaughnessy Fellowship," said Stephenson. "This recognition and support will allow me to fully dedicate myself to creating a comprehensive and accessible archive of New York City." About the O'Shaughnessy Fellowships Program Launched in 2023, the O'Shaughnessy Fellowships program discovers and empowers the world's boldest creatives, builders and researchers. Fellows receive a $100,000 grant and gain access to OSV's network of founders, investors and experts. OSV will award 12 fellowships in 2025. Applicants will also be considered for the O'Shaughnessy Grants program, which provides 20 additional $10,000 grants to promising innovators. Stephenson is the fifth fellow announced in 2025. More information about previous fellows is available at OSV's website. Applications for the fellowships are now closed and will reopen on Jan. 1, 2026. Individuals interested in learning more can do so via OSV's website. About O'Shaughnessy Ventures OSV is a creative investment firm that empowers creators to bring their ideas to life. Founded by Jim O'Shaughnessy, a pioneer in quantitative investing, founder of O'Shaughnessy Asset Management, and author of five books, OSV aims to provide financial support and to partner in growing the next life-changing creative ideas. OSV combines Jim's deeply rooted interest in all things art, science, investing and technology with his long-held desire to establish scenarios designed to help promising creators and their inspiring ideas succeed, regardless of age, location, job history or level of education. For more information, visit OSV's website. Media Contact:Ena GongO'Shaughnessy Ventures LLC(917) 355-7420395324@ View original content to download multimedia: SOURCE O'Shaughnessy Ventures
Yahoo
12-05-2025
- Business
- Yahoo
OSV Celebrates the Election of Pope Leo XIV
HUNTINGTON, Ind., May 12, 2025 /PRNewswire/ -- The board of directors, senior leadership, and staff of Our Sunday Visitor (OSV), in union with the Catholic Church around the world and especially here in the United States, rejoices in the election of Cardinal Robert Francis Prevost as Pope Leo XIV, the 267th occupant of the Chair of Saint Peter, and prays for the success of his pontificate. "When Fr. John Francis Noll founded Our Sunday Visitor in Huntington, Indiana, in 1912, I am sure he would have been delighted to know that, a little over a century later, the College of Cardinals would elect a pope not just from America, but from the heartland of the Midwest," said OSV CEO Kyle Hamilton. "Through OSV's unique publishing agreements with the Vatican and the USCCB, we look forward to bringing the writings of Pope Leo XIV to Catholics in the United States and beyond." "For the first American pope to take the name of Leo at this moment in history seems providential," noted OSV Publisher Scott P. Richert. "The Church in the United States strongly embraced the social teaching of Pope Leo XIII in his encyclical Rerum Novarum, creating more just economic and political institutions nationwide, while also experiencing massive growth in numbers and influence in America in the first half of the 20th century. Let us pray that Pope Leo XIV inspires a similar resurgence today in the Church in the United States, which is already growing as a result of the National Eucharistic Revival." On May 16, OSV Books will release Pope Leo XIV, the first and most comprehensive introduction to the 267th pope, which also details the global challenges Pope Leo faces in succeeding Pope Francis as Bishop of Rome. Written by Jesús Colina, a prominent Spanish journalist based in Rome, Pope Leo XIV can be preordered on OSV invites the faithful to visit the websites for OSV News, the premier Catholic news service in the United States, and Our Sunday Visitor magazine for comprehensive coverage of, and thoughtful reflection on, this historic moment in the life of the Church, leading up to Pope Leo XIV's inauguration Mass on May 18. Visit and for ongoing updates. ABOUT OSVAs the leading Catholic publisher in the United States, OSV provides products and solutions to more than nine of every ten Catholic parishes and every Catholic diocese in the country. Founded in 1912 by Father John Francis Noll, the company continues to serve the Church through a wide range of products and services. From daily and monthly publications, to software solutions, fundraising and consulting services, curriculum products, trade books, and parish publications, OSV helps individual Catholics, families, parishes, and dioceses to grow closer to Christ and contribute to the growth and vitality of his Church in the world. A not-for-profit Catholic organization, OSV has been supporting the needs of the Church for over a century. Learn more at View original content: SOURCE Our Sunday Visitor


Borneo Post
09-05-2025
- Business
- Borneo Post
Perdana Petroleum targets Sarawak expansion, eyes OSV fleet renewal in 2025
Abd Hapiz says the move includes listing its operating subsidiary's registered address at the Miri office, in compliance with new state regulations. – Photo from Perdana Petroleum KUCHING (May 9): Perdana Petroleum Berhad (Perdana Petroleum) is expanding its presence in East Malaysia with plans already underway following the opening of its branch office in Miri in January 2024. Chairman Datuk Dr Abd Hapiz Abdullah said the move includes listing its operating subsidiary's registered address at the Miri office, in compliance with new state regulations. He added that the company aims to create more job opportunities for Sarawakians. 'These efforts will raise Perdana's visibility and influence in Sarawak, attracting more business for the Group,' he said in the company's 2024 annual report. He said the company remains optimistic about its 2025 outlook, supported by strong demand for offshore support vessels (OSVs) for production and maintenance operations, as projected in the Petronas Activity Outlook 2025 to 2027. 'However, we will exercise caution and manage our business prudently through continuous operational efficiency, cost management enhancements, and vessel deployment optimisation,' he added. In line with its sustainability goals, Perdana is open to potential business ventures or mergers and acquisitions as it pursues its next phase of growth. 'We are confident that our fortitude and tenacity in navigating past storms will serve to establish the Group as a leading OSV owner-operator in the region,' he said. A key focus in 2025 will be the group's long-awaited fleet renewal scheme. It has begun replacing ageing anchor handling tug supply (AHTS) vessels to comply with a local oil major's 20-year age cap on OSVs. 'This is part of our goal to build a sustainable and high-performance fleet that will enhance Perdana's competitiveness,' he said. He also noted a positive outlook for the oil and gas (O&G) exploration and production sector, with a growing trend towards awarding longer-term contracts to vessel operators. He said this would help Perdana secure bank financing for newbuild vessels. Cost-effective fleet renewal options such as acquiring younger, second-hand vessels are also being explored, he added. To recap, Perdana Petroleum posted a record revenue of RM440.1 million for the financial year ended December 31, 2024, a 40 per cent increase from 2023. Profit after tax (PAT) rose more than threefold to RM146.1 million, which was the highest in 17 years. Its group vessel utilisation rose to 70 per cent, the highest since 2019, driven by strong O&G activity and higher daily charter rates (DCR). Accommodation work barges (AWBs) led fleet utilisation at 81 per cent, followed by AHTS vessels at 68 per cent and workboats (WBs) at 52 per cent. Meanwhile, quarterly utilisation rates ranged from 60 to 90 per cent in the first three quarters. The drop in 4Q to 50 per cent was due to AWBs and WBs being placed off-hire during the monsoon season and two AHTS vessels undergoing dry-docking. The group did not declare any dividend for FY24, stating that 'it has just turned profitable over the past three financial years, and dividend distribution will be considered once a stable and sustainable profit trend is firmly established.' east malaysia Expansion miri Perdana Petroleum

Associated Press
19-02-2025
- Business
- Associated Press
OneSource Virtual Introduces Expanded Leave Administration Services Powered by AbsenceSoft
Business Process as a Service provider leverages industry-leading technology to deliver an elevated and compliant leave outsourcing experience for HR teams and their employees GOLDEN, CO and DALLAS, TX / ACCESS Newswire / February 18, 2025 / AbsenceSoft, the leading SaaS platform for leave of absence and accommodations management, and OneSource Virtual (OSV), the leading provider of Workday services and innovator of extensible applications built on Workday technology, today announced OSV will utilize AbsenceSoft to modernize leave administration for businesses. Starting in early Spring 2025, AbsenceSoft's industry-leading technology will be integrated into OSV's Leave Administration Services. By automating complex leave management processes, AbsenceSoft will enhance OSV's deep expertise and seamless Workday integration, extending their employee services portfolio. This partnership gives OSV customers a unified system for human capital management (HCM) data, streamlining payroll and benefits management while delivering a more efficient, compliant, and employee-centered leave experience. 'Our newly enhanced offering will help customers simplify compliance with 200+ leave laws while ensuring employees receive the support they need during critical life moments,' said Carl Madaffari, SVP of Product Management at OSV. 'Employees deserve a smooth, transparent leave experience, and benefits leaders need relief from the administrative and compliance burden. By pairing our LOA service with AbsenceSoft's technology, we're helping businesses achieve that balance with confidence.' Managing leave is a complex process that directly impacts compliance, employee satisfaction, and business operations. AbsenceSoft's 2025 State of Leave and Accommodations Report found that the top workforce challenges for HR leaders include recruiting the right talent (57%), employee stress and burnout (54%), and retaining valuable employees (52%). A well-structured, employee-centered leave program is a critical strategy to address these issues-but when the process is inconsistent or confusing, it creates risk for companies and leaves employees feeling unsupported. 'AbsenceSoft is thrilled to partner with OneSource Virtual to provide a modern, seamless leave management experience to more businesses,' said Kelly Wells, Chief Customer Officer at AbsenceSoft. 'With federal policies like FMLA and PWFA, plus state, local, and company-specific leave policies, managing leave can quickly become complex. But the stakes are too high to get it wrong. Our customers tell us that the right technology not only simplifies administration but also gives them more time to focus on what matters most-the people.' For more information about how AbsenceSoft works with Third-Party Administrators, visit AbsenceSoft. To explore OneSource Virtual's solutions, visit OneSource Virtual. About OneSource Virtual OneSource Virtual (OSV) delivers patented technology and expert services within Workday to efficiently automate payroll, payroll taxes, payments, and benefits. By simplifying these mission-critical processes, OSV empowers business leaders with the confidence to drive strategic change. As the only exclusive provider of Business Process as a Service (BPaaS) solutions for Workday, OSV serves more than 1,100 customers - including FICO, Wayfair, and Land O' Lakes - with a 95% retention rate. Learn how to take your team from transactional to transformational at About AbsenceSoft AbsenceSoft is a leading provider of leave and accommodations management SaaS solutions. We deliver scalable, easy-to-use, and configurable software to easily and efficiently manage 190+ statutory policies like FMLA, ADA, and PWFA. Our software streamlines and automates leave and accommodations processes, ensuring compliance with federal and state regulations while elevating the employee experience. Built by leave professionals, for leave professionals, AbsenceSoft is trusted by employers across industries, Third Party Administrators (TPAs), and Professional Employee Organizations (PEOs) to manage over five million lives. We are widely recognized for our top-tier customer service and robust customer community engagement. Learn more at or follow the company on LinkedIn.