Latest news with #Xcel
Yahoo
6 hours ago
- Business
- Yahoo
Xcel customers to receive $5 credit on monthly bill
SIOUX FALLS S.D. (KELO) — South Dakotan Xcel Energy customers will receive a $5 monthly credit to their bill starting in June, according to a news release from Xcel. Xcel Energy is moving forward with plans to deliver $25 million back to North Dakota and South Dakota customers on their bills through federal tax credits on the energy generated by the company's nuclear fleet. Former state worker accused of forging marijuana card Xcel Energy's two nuclear power plants, Monticello and Prairie Island, together account for nearly 25% of the electricity used by customers across the company's five-state Upper Midwest system, a news release said. This is the first time customers will see savings from the federal tax credit on nuclear energy generation, which the company advocated for in recent law. Starting this month, the average residential customer in South Dakota will receive $5.08 a month in savings, totaling $50.80 through February 2026. Xcel Energy services most of the Sioux Falls area, along with other areas of southeastern South Dakota. 'Our nuclear power plants have produced safe, reliable, always-available electricity for our customers across the Upper Midwest for more than 50 years. Now, tax credits on the energy they generate will produce savings for our customers,' Ryan Long, president of Xcel Energy—Minnesota, North Dakota and South Dakota, said in a news release. 'Nuclear energy is an important piece of American energy security. It helps us support economic growth in the Upper Midwest, deliver reliable and resilient electricity, and keep customers' bills as low as possible,' Long said in a release. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Associated Press
3 days ago
- Business
- Associated Press
Xcel Talent Launches Dance Convention at DansMusik Fest in Albania, Auditioning European Dancers for U.S. Representation
VLORE, GA, ALBANIA, May 30, 2025 / / -- Xcel Talent Agency, a leading boutique agency renowned for representing top-tier dancers, choreographers, and actors, is set to elevate the global dance scene with the launch of a new dance convention at the highly anticipated DansMusik Fest 2025 in Vlorë, Albania. This exciting initiative, announced by agency founder Aris Golemi, aims to bridge European talent with opportunities in the U.S. entertainment industry through auditions, master classes, and performances, solidifying Vlorë's emerging status as 'The City of Dance ' from August 18-23, 2025. A New Chapter for DansMusik Fest Following the resounding success of the inaugural DansMusik Fest in 2024, which drew over 25,000 attendees to witness a headline performance by world-renowned DJ Steve Aoki, Xcel Talent Agency is expanding the festival's scope to include a comprehensive dance convention. The 2024 event, co-organized with Kuadr Events, transformed Vlorë's Lungomare into a vibrant celebration of music and dance, boosting local tourism and establishing the city as an emerging cultural hub. Building on this momentum, the 2025 edition will feature a week-long program of pop-up performances, spontaneous dance battles, live music, and now, a dedicated dance convention designed to spotlight and nurture talent. The convention, a first for DansMusik Fest, will offer European dancers a unique platform to showcase their skills through workshops led by top choreographers, master classes, and exclusive auditions for representation by Xcel Talent Agency in the U.S. market. 'DansMusik Fest is more than a festival—it's a movement to empower artists and foster cultural exchange,' said Aris Golemi, whose vision for Xcel International continues to redefine the entertainment landscape. Auditioning European Dancers for U.S. Representation A cornerstone of the new dance convention is Xcel Talent Agency's auditions, specifically targeting European dancers seeking representation in the U.S. Xcel, known for its rigorous standards and mentorship approach, represents talent for high-profile projects, including music videos, films, television, commercials, and live performances for artists like Beyoncé, Usher, Lady Gaga, Kendrick Lamar, Pitbull, and events such as the Oscars and Grammy Awards. The auditions will focus on a variety of dance styles, including contemporary, jazz, hip-hop, and more, welcoming dancers aged 13 and up from all ethnicities. Successful candidates will have the opportunity to join Xcel's roster, gaining access to the agency's extensive industry connections and personalized career guidance. 'We're looking for dancers who embody passion, professionalism, and a strong work ethic,' Golemi emphasized. 'Our goal is to connect Europe's brightest talents with opportunities to thrive on the global stage.' This initiative aligns with Xcel's mission to discover and nurture the next generation of stars, offering European dancers a rare chance to break into the competitive U.S. market. The agency's strategic partnership with other agencies further amplifies its ability to open doors for its clients across major markets like Atlanta, Los Angeles, New York, and Nashville. A Week of Dance and Cultural Exchange The dance convention at DansMusik Fest 2025 will be a dynamic addition to the festival's lineup, featuring master classes led by internationally acclaimed choreographers, workshops to refine technique, and opportunities for dancers to network with industry professionals. The event will also include pop-up performances and dance battles along Vlorë's scenic Lungomare, creating an immersive experience that celebrates the fusion of dance, music, and Albanian culture. 'Vlorë's rich cultural heritage and vibrant energy make it the perfect backdrop for this convention,' Golemi noted. 'We want dancers to leave inspired, empowered, and connected to a global community of creators.' The convention will also foster cultural exchange, with international artists and attendees collaborating to create memorable performances that highlight Vlorë's growing reputation as a cultural destination. Economic and Cultural Impact The addition of the dance convention is expected to further amplify the economic benefits seen during the 2024 festival, which saw sold-out accommodations and increased patronage for local businesses. By attracting dancers, choreographers, and industry professionals from across Europe and beyond, DansMusik Fest 2025 aims to position Vlorë as a must-visit destination for dance enthusiasts and tourists alike. A Vision for the Future Under Aris Golemi's leadership, Xcel Talent Agency continues to push boundaries in the entertainment industry. A former dancer and choreographer with a Bachelor's Degree in Choreography from the Academy of Fine Arts in Tirana, Golemi's achievements have earned him recognition as one of the top dance agents in US. His agency's boutique approach, emphasizing quality and mentorship, has made it a trusted name for artists worldwide. The launch of the dance convention at DansMusik Fest marks a bold step in Xcel's mission to empower artists and redefine global entertainment. As Vlorë prepares to become 'The City of Dance' in August 2025, dancers across Europe have a unique opportunity to take their careers to new heights with Xcel Talent Agency. For more information about DansMusik Fest and the dance convention, including audition details, visit For inquiries about Xcel Talent Agency and representation opportunities, visit Aris Golemi XCEL TALENT AGENCY +1 4045144258 email us here Visit us on social media: Instagram Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Yahoo
5 days ago
- Business
- Yahoo
XCEL BRANDS, INC. Receives NASDAQ notice regarding delinquent Form 10-K and Form 10-Q filing
NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) ('Xcel' or the 'Company'), today announced that on May 22, 2025, it received a delinquency notification letter from the Nasdaq Stock Market LLC ("Nasdaq") indicating that since Nasdaq has not received the Company's Form 10-Q for the period ended March 31, 2025 indicating that, and because the Company remains delinquent in filing its Form 10-K for the year ended December 31, 2024, does not comply with Nasdaq's Listing Rules for internal listing. The Nasdaq notice has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Capital Market. Nasdaq has informed the Company that in accordance with its April 29, 2025 letter to the Company that the Company has until June 30, 2025 to submit a plan (the "Plan") to regain compliance with respect to the delinquent reports and that any exception to allow the Company to regain compliance, if granted, will be limited to October 13, 2025. The Company filed the delinquent Form 10-K on May 28, 2025 and intends to file the delinquent Form 10-Q as soon as practicable and, in any event, on or prior to June 30, 2025 and thereby regain compliance with the Nasdaq continued listing requirements and eliminate the need for the Company to submit a Plan. About Xcel Brands Xcel Brands, Inc. (NASDAQ: XELB) is a media and consumer products company engaged in the design, licensing, marketing, live streaming, and social commerce sales of branded apparel, footwear, accessories, fine jewelry, home goods and other consumer products, and the acquisition of dynamic consumer lifestyle brands. Xcel was founded in 2011 with a vision to reimagine shopping, entertainment, and social media as social commerce. Xcel owns the Halston, Judith Ripka, and C. Wonder brands, as well as the Tower Hill by Christie Brinkley co-branded collaboration, and holds noncontrolling interests in the Isaac Mizrahi brand and Orme Live. Xcel also owns and manages the Longaberger brand through its controlling interest in Longaberger Licensing LLC. Xcel is pioneering a true modern consumer products sales strategy which includes the promotion and sale of products under its brands through interactive television, digital live-stream shopping, social commerce, brick-and-mortar retail, and e-commerce channels to be everywhere its customers shop. The company's brands have generated in excess of $5 billion in retail sales via livestreaming in interactive television and digital channels alone, and over 20,000 hours of live-stream and social commerce. Headquartered in New York City, Xcel Brands is led by an executive team with significant live streaming, production, merchandising, design, marketing, retailing, and licensing experience, and a proven track record of success in elevating branded consumer products companies. For further information please contact: Seth BurroughsMarketing and Public Relations, Xcel Band, Inc..347 532 5894sburroughs@ 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
26-05-2025
- Climate
- Yahoo
Power restored in Denver, Aurora Monday morning after nearly 40K affected
DENVER (KDVR) — A power outage early Monday morning in Aurora and east Denver knocked power out to nearly 40,000 customers for a couple hours before being restored. According to Xcel's outage map, nearly all customers' power has been restored as of 7:30 a.m. Monday. The number had steadily increased from 18,000 to about 38,000 by 6 a.m. but has since gone down. Denver weather: More showers, storms and cooler temps for Memorial Day An Xcel spokesperson told FOX31 that equipment failure at a substation created the outage. The majority of the outages were reported along Colfax Avenue and Interstate 225. Nearly all were in Aurora, with about 1,100 in Denver. There are still an additional 308 customers in Arvada and 278 in Boulder without power as of 7:30 a.m. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
24-05-2025
- Business
- Yahoo
Amazon pauses plan to build data center near Becker
Amazon has paused its plans to open a large data center near Xcel Energy Center's Sherco site in Becker, Minnesota. The pause was confirmed by Xcel Energy, and comes in the wake of discussions in the Minnesota Legislature to end a sales tax exemption on electricity consumed by data centers in the state. Xcel told Bring Me The News that Amazon had communicated it is "pausing those plans because of factors independent of our readiness to serve the site's electricity needs." In a statement Amazon spokesperson Duncan Neasham said: "We are constantly evaluating new locations based on customer demand. We sincerely appreciate the support we've received from both the public and state and local officials as we continue to evaluate this location." Amazon had bought a 350-acre site next to Sherco, with Xcel in the process of decommissioning its coal-fired plants and proceeding with long-term plans to build a huge solar farm on the property. Major tech companies are investing huge sums into power- and water-hungry data centers as it seeks to cope with the expansion of cloud computing and the proliferation and advancement of artificial intelligence. But their development has sparked backlash in parts of the country, such as in Farmington, Minnesota, where a proposed $5 billion data center park has been criticized by nearby residents who have concerns about power and water consumption and noise pollution. "The rapid pace of change in the data center industry is well documented. We continue to talk with other potential customers about locating their operations in Minnesota," Xcel Energy said. "We remain optimistic about serving new electricity demand from data centers in a way that benefits our existing customers and communities." The pause from Amazon comes as state lawmakers consider a series of regulations on data center construction, including the removal of some tax incentives for tech giants. MPR News reports one of the measures proposed by Gov. Tim Walz and the DFL would be to end the sales tax exemption on the electricity used by large-scale data centers, and described Amazon's pause in apparent reaction to that as "pretty bad lobbying." In an interview, Walz said that Minnesota has highly generous incentives for data centers, before adding: "But we have to balance our budget. And I think a lot of Minnesotans are saying, 'Well, you couldn't do a tax cut to my sales tax, but you could do a tax cut to (Amazon founder) Jeff Bezos?'" But news of Amazon's decision on Becker sparked criticism from Republican Sen. Andrew Mathews, who said Walz's proposal to end the sales tax exemption was "the final straw." "I'm incredibly frustrated that a major economic lifeline for the Becker community has effectively stalled," he said.
