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Knife River Corporation (KNF) Receives a Rating Update from a Top Analyst
Knife River Corporation (KNF) Receives a Rating Update from a Top Analyst

Business Insider

time3 days ago

  • Business
  • Business Insider

Knife River Corporation (KNF) Receives a Rating Update from a Top Analyst

In a report released today, Brent Thielman from D.A. Davidson maintained a Buy rating on Knife River Corporation (KNF – Research Report). The company's shares closed yesterday at $91.87. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Thielman covers the Industrials sector, focusing on stocks such as Fluor, Sterling Construction, and Granite Construction. According to TipRanks, Thielman has an average return of 20.4% and a 65.80% success rate on recommended stocks. Knife River Corporation has an analyst consensus of Strong Buy, with a price target consensus of $113.60, implying a 23.65% upside from current levels. In a report released yesterday, Bank of America Securities also reiterated a Buy rating on the stock with a $115.00 price target. The company has a one-year high of $108.83 and a one-year low of $66.13. Currently, Knife River Corporation has an average volume of 516K.

Resettlement providers want state to step up for refugees
Resettlement providers want state to step up for refugees

Yahoo

time13-05-2025

  • Business
  • Yahoo

Resettlement providers want state to step up for refugees

BOSTON (SHNS) – Resettlement service providers helping refugees and immigrants integrate into their new lives in Massachusetts are eyeing potential state financial relief as agencies scramble to adjust to Trump administration policies and a federal funding landscape marked by uncertainty. Sen. Robyn Kennedy wants to revive the Massachusetts Resettlement Support Program through a budget amendment (#498) and deliver $500,000 to agencies that are contracted with the U.S. Department of State. The bulk of those state dollars must be spent on direct assistance for refugees and immigrants, including helping them secure their immigration status. 'We are taking up the budget next week. Hopefully, we are going to fight to get this amendment, to get the MRSP funding back into the budget,' Kennedy told leaders of refugee resettlement agencies gathered for a State House event Tuesday. 'We're going to continue that work.' The account was funded at $500,000 in fiscal 2024. Resettlement agencies say they are now experiencing federally-induced chaos that's driving their state funding request. President Donald Trump issued an executive order on Jan. 20 suspending the country's refugee resettlement program, as the new administration lamented 'record levels of immigration migration' over the last four years. The order, which was temporarily blocked by a federal judge in February, had noted states like Massachusetts and New York 'have even recently declared states of emergency because of increased migration.' Resettlement agencies here are now grappling with stalled federal funding and a stunted flow of new arrivals to serve, which has forced providers to lay off dozens of employees, according to advocates. The agencies offer job training, rental assistance, English for Speakers of Other Languages, and school integration services. A refugee resettlement program in Northampton run by the Catholic Charities Agency closed this year, with providers citing 'federal budget cuts.' The program said in a social media post it served over 1,500 individuals over eight years, such as asylum seekers, humanitarian parolees and unaccompanied refugee minors. Jeff Thielman, CEO of the International Institute of New England, said Kennedy's budget amendment would fill funding gaps as organizations struggle to support existing clients, who can receive help for several years after coming to the United States. Even with federal aid for refugees and groups, families can typically need an additional $500 or $600 each month, Thielman said. To cover the difference, Thielman said his organization either needs to raise money privately or turn to the state for help. 'Otherwise, people will get into the homeless system — we don't want that to happen,' Thielman told the News Service. 'Federal money doesn't go far enough for new arrivals. We need these new arrivals in our state to build our economy and fill the workforce. Therefore, some subsidy is important to keep them going.' Rabbi James Greene, CEO of Jewish Family Service of Western Massachusetts, said the organization served about 480 people last year. Greene said JFS was expecting another 300 clients this year, though the last refugee family arrived on Jan. 17 ahead of the presidential transition. 'The administration tore down and fundamentally broke the USRAP, which is the law that allows for resettlements that's existed in Republican and Democratic administrations since the time of Reagan,' Greene said, referring to the U.S. Refugee Admissions Program. 'What we're here doing today is to talk with our state legislators and say the federal government is abdicating its responsibility,' Greene continued. 'We need the support of our state to step in and step up and be with us in this work because the long-term interests of Massachusetts, of our commonwealth, are served by welcoming people.' Rep. Jim O'Day called actions at the national level 'very troubling' and praised Bay Staters' willingness to speak out. He also broadly highlighted the House's track record of supporting an influx of refugees from Afghanistan and Haiti. Lawmakers funneled $12 million to resettlement agencies in 2021 to support 'the evacuees of the crisis in Afghanistan,' as well as $10 million in 2022 to help Ukrainian refugees and immigrants. 'I'm here to tell you all that I'm willing to help. And I know that most of — no, I know that my colleagues are also willing to help,' O'Day said. 'I can't thank enough those folks that work in this field.' Kennedy, a Worcester Democrat, used her platform to condemn recent federal immigration arrests in the city, which have prompted a wave of protests. Worcester City Hall is closing early Tuesday and a City Council meeting was moved to Zoom over 'public safety concerns,' officials tweeted ahead of another protest. 'We have seen some painful moments in the past week. We see the invasion of masked ICE agents that terrorize our communities,' Kennedy said. 'We need to make sure that we are standing up, to say that this will not happen in silence, to say that this will not happen in the cover of darkness, that we are grateful that our refugees, that our immigrants are here, and we're going to continue to support them.' WWLP-22News, an NBC affiliate, began broadcasting in March 1953 to provide local news, network, syndicated, and local programming to western Massachusetts. Watch the 22News Digital Edition weekdays at 4 p.m. on Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Rollback of legal protections for immigrants will affect tens of thousands in Mass.
Rollback of legal protections for immigrants will affect tens of thousands in Mass.

Boston Globe

time23-03-2025

  • Politics
  • Boston Globe

Rollback of legal protections for immigrants will affect tens of thousands in Mass.

Humanitarian parole dates back to the 1950s, when a law granted the attorney general discretion to admit noncitizens from countries affected by gang violence, war, or other political instability. The end of the parole program is part of President Donald Trump's wider crackdown on legal immigration. During his campaign, he promised to deport millions of people, and has already made moves to end legal pathways for immigrants to come to the US. Earlier this month, Advertisement Thielman's resettlement agency has worked to settle 16,000 immigrants with humanitarian parole in 90 communities across the Commonwealth in the last year. Many of those immigrants have successfully received authorization to work, and have landed jobs in the restaurant, hospitality, and medical industries, Thielman said. Thielman said he's already heard from his staff that some of their clients — many of whom are Haitian — are discussing fleeing to Canada to avoid being sent back to the gang violence that has erupted across the island nation. 'This policy, to me, is inhumane,' Thielman said. More than half a million people have come to the US under the current policy, also known as CHNV. It was part of a 2022 Biden administration move encouraging people to come into the country using legal channels. Advertisement As of December 2024, 531,690 people had come through the program, which officially began in January 2023. That number includes 110,240 Cubans, 211,040 Haitians, 93,070 Nicaraguans, and 117,330 Venezuelans. In the Friday announcement, Homeland Security Secretary Kristi Noem said those with humanitarian parole will lose their legal status on April 24, or 30 days after the publication of a 35-page 'These programs do not serve a significant public benefit, are not necessary to reduce levels of illegal immigration, did not sufficiently mitigate the domestic effects of illegal immigration, are not serving their intended purposes, and are inconsistent with the Administration's foreign policy goals,' the Federal Register notice says. Related : The decision has already been challenged in federal courts. In Boston, advocates and government leaders have condemned the recent crackdowns by the Trump administration. At an worried about how enforcement actions could deplete the state's workforce. Lauren Jones, the state's Secretary of Labor and Workforce Development, said immigrants are 'part of the fabric that, simply put, makes Massachusetts great.' Giulia McDonnell Nieto del Rio of the Globe staff contributed to this report. Samantha J. Gross can be reached at

NRSC strategists hang a shingle
NRSC strategists hang a shingle

Politico

time11-02-2025

  • Business
  • Politico

NRSC strategists hang a shingle

Presented by With help from Daniel Lippman FIRST IN PI — GOP STRATEGISTS SET UP SHOP: Three of the architects responsible for the GOP's new Senate majority are launching a public affairs firm, S2R, to try and replicate that success for the private sector. — The name stands for 'strategy to results,' said Jason Thielman, who served as executive director of the NRSC last cycle and is one of the firm's founding partners. Tim Edson and Brock Lowrance, who served as the NRSC's political director and IE director, respectively, last cycle, round out the firm's leadership. — S2R will offer a mix of strategic counsel, advocacy, communications and advertising services to clients in both the business and political worlds, while putting in the 'elbow grease' that Thielman said he and his partners have found lacking in the consulting community. — While there's a role for more traditional public affairs tactics like ad buys, he argued, 'what is more effective is when you can find real voices, you can activate audiences of people that policymakers … view as genuine indicators of where their voters are at.' — Thielman credited that approach with the NRSC's success in avoiding messy primaries last cycle while at the same time recruiting aggressively to avoid the candidate quality issues that plagued the party in other recent cycles, and he said the same strategies can be adapted. — 'That was a direct result of building out successful influence strategies with key voter constituencies, and those are the same people that whether or not you're on the business side, or whether you're hoping to get elected to the U.S. Senate, governor or Congress you need at your disposal,' he said. — Some of the firm's initial clients are players in the tech, telecom, investment banking and crypto world (Thielman just helped launch a new pro-crypto super PAC and 501(c)4 group) and are looking for help on tax, trade and gaming out how the Trump administration will play out, Thielman said. Happy Tuesday and welcome to PI. Send influence tips and gossip for me to run down: coprysko@ And be sure to follow me on X: @caitlinoprysko. WHO HELPED WITH THE FOGEL RELEASE: After news broke that American prisoner Marc Fogel is coming home from Russia, Vicki Iseman, a longtime Washington operative who started told Daniel that the assistance provided by lobbyist Robert Stryk of Stryk Global Diplomacy was 'invaluable in making this day happen.' — Stryk said in a statement to PI that 'it was a privilege to fight behind the scenes' with Iseman to bring Fogel home. 'This was a grave injustice, and without the leadership of President Donald J. Trump, Marc would still be trapped in a Russian prison. President Trump made this happen — no one else.' NEW SINEMA VENTURE LOBBIES UP: The new business lobby started by former Sen. Kyrsten Sinema (I-Ariz.) after leaving office last month is already jumping into the K Street game. Arizona Business Roundtable, membership for which costs $250,000, according to the Arizona Agenda, retained Sage Eastman of Mehlman Consulting on Jan. 15 to lobby on 'general tax issues of importance to Arizona businesses,' according to a disclosure filing. — It's not currently clear who's involved in Sinema's new venture, which doesn't appear to have any online presence and was created the day she left office under an acronym for the former senator's Getting Stuff Done leadership PAC. Sinema also joined the global advisory council of crypto giant Coinbase last month and was described in her bio for the announcement as the Arizona Business Roundtable's president and CEO. HOPING TO DEBUNK DEBANKING: Senate Banking Chair Tim Scott (R-S.C.) and other GOP members of the committee are set to huddle with bank executives at a closed-door roundtable on 'preventing debanking' this week, as Wall Street works to counter accusations of political discrimination, our Jasper Goodman reports. — 'It was not immediately clear which executives were scheduled to attend the gathering,' but 'the issue has been a major early focus for Hill Republicans this year. Senate Banking's first hearing of the new Congress last week focused on debanking. Several lawmakers, including Scott, pressed Federal Reserve Chair Jerome Powell about the issue at a hearing Tuesday.' — 'The push from GOP members has primarily targeted banking regulators appointed by former President Joe Biden, but some members, including Sen. John Kennedy (R-La.), have pressed to hear from the big banks on the issue. Kennedy hinted at the roundtable during the hearing with Powell on Tuesday, saying that Scott 'has agreed to invite some of the CEOs of some of the banks that have been debanking people.'' LET US COUNT THE WAYS: 'Days after Kash Patel fielded questions about his nomination as the director of the FBI, an ethics disclosure showed that he had earned at least $5,000 consulting for the government of Qatar,' The Intercept's Matt Sledge writes. — But Patel isn't even the first Trump appointee whose work for Qatari-linked entities has emerged during the confirmation process, revealing 'the limits of a U.S. law meant to expose foreign influence campaigns: Some Trump administration appointees, including Patel, didn't bother registering their work for foreign clients under the law.' — 'Another Trump nominee, former New York Rep. Lee Zeldin, disclosed his work for a venture capital firm founded by a Qatari royal, but only during the confirmation process to become administrator of the Environmental Protection Agency.' — FARA already has its fair share of critics who argue the statute is riddled with loopholes that continue allowing foreign actors to conceal the full extent of their influence activities — and that was before new Attorney General Pam Bondi, a former registered agent for Qatar herself, moved to roll back DOJ's enforcement priorities. — ''You add all this up, and it just looks like an administration that is sending a flashing neon sign saying that 'foreign influence is welcome here,'' said Ben Freeman, director of the democratizing foreign policy program at the Quincy Institute.' CABLE HITS BACK: Cable trade group NCTA on Monday blasted a new coalition from wireless groups CTIA and 5G Americas as a 'sham,' Morning Tech reports. The new campaign focused on promoting the cellular industry's 5G home broadband technology as a direct competitor to existing cable companies elicited a clapback from NCTA calling it 'nothing more than a smokescreen' from who NCTA said were 'wireless robber barons.' — Spectrum for the Future, a coalition that supports spectrum sharing and has cable backing, also knocked the campaign. 'CTIA's latest campaign is just another tactic in their quest for another sweetheart deal on exclusively licensed spectrum that even their executives say they don't need,' said spokesperson Tamara Smith. MUSK READ: 'Elon Musk has long railed against the U.S. government, saying a crushing number of federal investigations and safety programs have stymied Tesla, his electric car company, and its efforts to create fleets of robotaxis and other self-driving automobiles. Now, Musk's close relationship with President Donald Trump means many of those federal headaches could vanish within weeks or months,' The Associated Press' Kimberly Kindy and Brian Slodysko report in a rundown of the various ways Musk's business could benefit from the billionaire's government incursion. SPOTTED at Tiber Creek Group's offices this morning for a fundraiser benefitting the DCCC hosted by Tiber Creek's John Michael Gonzalez, which raised roughly $300,000, per a tipster: Minority Leader Hakeem Jeffries, DCCC Chair Suzan DelBene (D-Wash.) House Minority Whip Katherine Clark (D-Mass.), Democratic Caucus Chair Pete Aguilar (D-Calif.), New Democrats Chair Brad Schneider (D-Ill.), Reps. Jake Auchincloss (D-Mass.), Scott Peters (D-Calif.), Rep. Sarah McBride (D-Del.), Rob Menendez (D-N.J.), Dario Gomez of Boeing, Michael LaRosa of Ballard Partners, Tim Molino, Dan Zawitoski, Sean Richardson and Kristen Harper of Tiber Creek; Chris Hartmann of Cigna, Peter Brown of Deloitte, Jen Fox of Finseca, Dave Bond of Everytown for Gun Safety and Ashley McNeil of the American Hotel and Lodging Association. — And last night at Mastro's for Brownstein Hyatt Farber Schreck's annual fundraising dinner for the NRCC, per a tipster: House Majority Leader Steve Scalise, House GOP Conference Chair Lisa McClain (R-Mich.), NRCC Chair Richard Hudson (R-N.C.), Reps. Jodey Arrington (R-Texas), Brian Babin (R-Texas), Mike Bost (R-Ill.), Kat Cammack (R-Fla.), Mike Carey (R-Ohio), Rick Allen (R-Ga.), Jeff Crank (R-Colo.), Jim Jordan (R-Ohio), Pat Harrigan (R-N.C.), Mike Haridopolos (R-Fla.), French Hill (R-Ark.), Tim Walberg (R-Mich.), Brian Fitzpatrick (R-Pa.), Scott Fitzgerald (R-Wis.), Virginia Foxx (R-N.C.), Julie Fedorchak (R-N.D.), Randy Weber (R-Texas), Glenn Grothman (R-Wis.), Brett Guthrie (R-Ky.), Brandon Gill (R-TX), Nick LaLota (R-N.Y.), Derek Schmidt (R-Kan.), Gabe Evans (R-Colo.), Greg Murphy (R-N.C.), August Pfluger (R-Texas), Ben Cline (R-Va.), Frank Lucas (R-Okla.), Jay Obernolte (R-Calif.), Michael Guest (R-Miss.), Zach Nunn (R-Iowa), Brian Steil (R-Wis.), Buddy Carter (R-Ga.) and Rob Wittman (R-Va.); Will Moschella, Ed Royce, Marc Lampkin, Brandt Anderson, Rosemary Becchi, Geoff Burr, David Cohen, Leah Dempsey, Emily Felder, Lauren Flynn, Harold Hancock, Brady Howell, Charlie Iovino, Joe Jaso, Luke Johnson, Greta Joynes, Melissa Kuipers Blake, Elizabeth Maier, Doug Maguire, Brian McGuire, Tripp McKemey, Lauren Mish, Bart Reising, Preston Rutledge, Adam Steinmetz, Jon Towers, and Mark Warren of Brownstein, and other staff, clients and friends of the firm. Jobs report — Julie Edelstein is now a partner at Wiggin and Dana LLP. She most recently was principal deputy chief of the Counterintelligence and Export Control Section in DOJ's national security division. — James Galkowski is now a professional staff member on House Appropriations on the Financial Services and General Government Subcommittee. He most recently was a technical consultant at Bondi Partners and is an alum of the Defense Department and the Trump White House. — Ian Barlow is now of counsel at Wiley. He previously was deputy director of the FTC's Office of Policy Planning. — Eric Ellman will be president of the National Consumer Reporting Association. He previously was senior vice president for public policy and legal affairs at the Consumer Data Industry Association. — Jeremy Ortiz is now director of media relations at the Edison Electric Institute. He previously was deputy press secretary at the Energy Department and is a former staffer on the Senate Energy and Natural Resources Committee under former Sen. Joe Manchin ( — Mercy Beehler has joined the National Retail Federation to manage its state and federal policy agenda as vice president of government relations. Beehler was most recently head of policy communications at Alibaba Group. She'll report to Jason Straczewski, who has been promoted to group vice president of government relations and political affairs. NRF has also promoted Meghan Cruz to vice president of advocacy and engagement. — John Hagner, Sam Nitz and Jane Rayburn have launched Workbench Strategy, a new national data strategy and public opinion research firm. Hagner, who's managing partner, is a Clarity Campaign Labs, DCCC and DSCC alum. Nitz, who's head of innovation and data strategy, has most recently led Asgard Strategies and is a DCCC and EMILY's List alum. Rayburn, who's head of polling and qualitative, previously was a partner at EMC Research. — Joanna Kuebler is joining America's Voice as chief of programs. She previously was senior director of external communications at the Women's Refugee Commission. — Sarah Bryner is joining Public Agenda as its newest director. She most recently was director of research and strategy at OpenSecrets, and consulted on the Brennan Center for Justice's 2025 democracy agenda. — The Wessel Group is adding Carolina Ferrerosa Young and Evan Wessel as vice presidents, along with recent addition Daniel Wessel, who's leading the media, profile management and crisis communications practice. Young most recently was chief economic adviser to vice president Kamala Harris. Evan Wessel most recently was deputy assistant secretary for intergovernmental affairs at the Department of Transportation. Daniel Wessel most recently was strategic communications adviser and spokesperson on the Harris campaign. — Greg Jackson is returning to Community Justice as executive adviser. He previously was deputy director of the White House Office of Gun Violence Prevention. — Julie McClain Downey is now vice president of communications and public affairs at Global Strategy Group. She most recently was assistant secretary of Labor for public affairs. — Sarah Miller will be staff director for the House Foreign Affairs Middle East and North Africa Subcommittee under panel Chair Brian Mast (R-Fla.). She most recently was senior director of public policy for Rising Tide Associates, and is a Mast alum. — Andrew Peng is joining The Asian American Foundation as deputy director of communications. He most recently was communications director at the White House Initiative on Asian Americans, Native Hawaiians, and Pacific Islanders. New Joint Fundraisers None. New PACs ICELAVEN DEVELOPMENT GROUP POLITICAL ACTION COMMITTEE (PAC) New Lobbying REGISTRATIONS Akin Gump Strauss Hauer & Feld: Crux Climate, Inc. American Capitol Group: Balance Of Nature American Capitol Group: Specialist Direct American Capitol Group: The Cormac Group, On Behalf Of Tendo Ascend Consulting: National Military Family Association Baker & Hostetler LLP: Dna Link Co., Ltd. Baker & Hostetler LLP: Gamechange Solar Baker & Hostetler LLP: Institute Of International Bankers Baker & Hostetler LLP: Stryker Corporation Bligen Advisory, LLC: Decentralization Research Center Carlough Solutions, LLC: Crs Institute Checkmate Government Relations: Town Of Pembroke Continental Strategy, LLC: Carribean Transmission Development Company (Ctdc) Continental Strategy, LLC: Charter Communications Operating, LLC Continental Strategy, LLC: Doma Technology, LLC Continental Strategy, LLC: Droneup Continental Strategy, LLC: Echostar Corporation/ Dba Dish Continental Strategy, LLC: Mgt Continental Strategy, LLC: The Plexos Group Continental Strategy, LLC: Vorex LLC Cornerstone Government Affairs, Inc.: Critical Metals Corp. Downs Government Affairs: Mt. San Jacinto College Lewis And Wilkins LLP: Wabash Valley Resources Lucas | Compton: National Association Of State Directors Of Developmental Disabilities Services Mcguirewoods Consulting (A Subsidiary Of Mcguirewoods LLP): Gotriangle Mehlman Consulting, Inc.: Arizona Business Roundtable Mehlman Consulting, Inc.: Invenergy, LLC Mehlman Consulting, Inc.: Oneok, Inc. Mehlman Consulting, Inc.: Risant Health Mercury Public Affairs, LLC: King Street Capital Management, L.P. Mercury Public Affairs, LLC: Novelis, Inc. Metcalf Federal Relations: Calumet Heritage Partnership Nestpoint Associates LLC: Urgentflex Holding LLC Republic Consulting, LLC: Azak Republic Consulting, LLC: Certo Aerospace Ltd. Republic Consulting, LLC: Consol Innovations Republic Consulting, LLC: Robinson Helicopters Republic Consulting, LLC: Sphere Brake Defense Inc. S-3 Group: Ctia The Wireless Association S-3 Group: Pattern Energy Group Services Lp Scissortail Strategic Consulting Partners LLC: Cambridge Mobile Telematics Thegroup Dc, LLC: Sallie Mae Bank The Wessel Group Incorporated: Atalco Gramercy LLC Whitmer & Worrall, LLC: Data Machines New Lobbying Terminations Asset & Equity Corporation: Ayk Energy America Hsb Advantage, LLC: Soelect Inc Ikon Public Affairs: Philadelphia 250 Ikon Public Affairs: Rapid Resist Action Mehlman Consulting, Inc.: Sap America, Inc. The Caraway Group, Inc.: Josh Smith Whitmer & Worrall, LLC: University Of North Florida

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