Latest news with #fortheFuture
Yahoo
07-03-2025
- Business
- Yahoo
Arcos Dorados to Host Its 2025 Annual General Shareholders' Meeting
MONTEVIDEO, Uruguay, March 07, 2025--(BUSINESS WIRE)--Arcos Dorados Holdings Inc. (NYSE: ARCO) ("Arcos Dorados" or the "Company"), Latin America's largest restaurant chain and the world's largest independent McDonald's franchisee, today announced that on March 7, 2025, its Board of Directors set the date for the Company's Annual Shareholders' Meeting ("AGM"). The AGM will be held on April 25, 2025, in Willemstad, Curaçao, at 4:00 p.m. (local time), for all shareholders of record as of March 31, 2025. Follow us on: LinkedIn Instagram X YouTube About Arcos Dorados Arcos Dorados is the world's largest independent McDonald's franchisee, operating in Latin America and the Caribbean. It has the exclusive right to own, operate and grant franchises of McDonald's restaurants in 20 Latin American and Caribbean countries and territories with more than 2,400 restaurants, operated or franchised by the Company or by its sub-franchisees, that together employ more than 100,000 people (as of 12/31/2024). The Company is also committed to the development of the communities in which it operates, to providing young people their first formal job opportunities and to utilize its Recipe for the Future to achieve a positive environmental impact. Arcos Dorados is listed for trading on the New York Stock Exchange (NYSE: ARCO). To learn more about the Company, please visit the Investors section of our website: View source version on Contacts Media Contact David GrinbergVP of Corporate CommunicationsArcos Investor Relations Contact Dan SchleinigerVP of Investor RelationsArcos
Yahoo
28-02-2025
- Business
- Yahoo
Arcos Dorados Announces Intent to Redeem All of Its Outstanding 5.875% Notes Due 2027 (CUSIP Nos. 03965U AC4 / G0457F AC1) (The "Redemption")
MONTEVIDEO, Uruguay, February 28, 2025--(BUSINESS WIRE)--Arcos Dorados Holdings Inc. (NYSE: ARCO) ("Arcos Dorados" or the "Company") today announced its intent to redeem all of its outstanding 5.875% senior notes due 2027 (the "Notes"). A notice of redemption will be sent to the holders of the Notes in accordance with the requirements of the indenture governing the Notes (the "Indenture"). Pursuant to the terms of the Indenture, the Notes will be redeemed at a redemption price equal to 100% of the outstanding principal amount of the Notes plus accrued and unpaid interest (including Additional Amounts, if any) from October 4, 2024, to, but excluding the redemption date. The anticipated redemption date is April 4, 2025. This press release does not constitute or form part of any offer or invitation to purchase, or any solicitation of any offer to sell, the Notes or any other securities in the United States or any other country, nor shall it or any part of it, or the fact of its release, form the basis of, or be relied on or in connection with, any contract therefor. Follow us on: LinkedIn Instagram X YouTube About Arcos Dorados Arcos Dorados is the world's largest independent McDonald's franchisee, operating in Latin America and the Caribbean. It has the exclusive right to own, operate and grant franchises of McDonald's restaurants in 20 Latin American and Caribbean countries and territories with more than 2,400 restaurants, operated or franchised by the Company or by its sub-franchisees, that together employ more than 100,000 people (as of 09/30/2024). The Company is also committed to the development of the communities in which it operates, to providing young people their first formal job opportunities and to utilize its Recipe for the Future to achieve a positive environmental impact. Arcos Dorados is listed for trading on the New York Stock Exchange (NYSE: ARCO). To learn more about the Company, please visit the Investors section of our website: Cautionary Statement on Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often are proceeded by words such as "believes," "expects," "may," "anticipates," "plans," "intends," "assumes," "will" or similar expressions. The forward-looking statements contained herein include statements about the Company's Notes offering and its intended use of proceeds therefrom. These expectations may or may not be realized. Some of these expectations may be based upon assumptions or judgments that prove to be incorrect. In addition, Arcos Dorados' business and operations involve numerous risks and uncertainties, many of which are beyond the control of Arcos Dorados, which could result in Arcos Dorados' expectations not being realized or otherwise materially affect the financial condition, results of operations and cash flows of Arcos Dorados. Some of the factors that could cause future results to materially differ from recent results or those projected in forward-looking statements are described in Arcos Dorados' filings with the United States Securities and Exchange Commission. The forward-looking statements are made only as of the date hereof, and Arcos Dorados does not undertake any obligation to (and expressly disclaims any obligation to) update any forward-looking statements to reflect events or circumstances after the date such statements were made, or to reflect the occurrence of unanticipated events. In light of the risks and uncertainties described above, and the potential for variation of actual results from the assumptions on which certain of such forward-looking statements are based, investors should keep in mind that the results, events or developments disclosed in any forward-looking statement made in this document may not occur, and that actual results may vary materially from those described herein, including those described as anticipated, expected, targeted, projected or otherwise. View source version on Contacts Investor Relations Contact Dan SchleinigerVP of Investor RelationsArcos Media Contact David GrinbergVP of Corporate CommunicationsArcos Sign in to access your portfolio
Politico
31-01-2025
- Business
- Politico
5 questions for the Business Software Alliance's Victoria Espinel
Presented by Spectrum for the Future Hello, and welcome to this week's installment of the Future in Five Questions. We caught up with Victoria Espinel, the CEO of the enterprise software trade group the Business Software Alliance and a former AI and trade adviser to President Joe Biden. Espinel discusses why she thinks quantum computing remains underrated, the importance of building out tech infrastructure and educating workers in high-tech skills and the seemingly bottomless hunger for policymakers to learn about AI. An edited and condensed version of the conversation follows: What's one underrated big idea? We're going to hear more about quantum computing. Quantum computing has immense potential to boost economic growth due to its ability to solve complex problems beyond the reach of classical computers. It's often discussed in the context of breaking encryption and post-quantum cryptography algorithms, and there has been some good work done on this in the private sector and at NIST. But quantum computing can revolutionize many industries by supercharging materials discovery, financial and environmental modeling, and supply chain management. To tap quantum technology's full potential, we need to continue to invest in AI and cybersecurity. Investment in AI and cyber solutions means the development of more secure code, the ability to quickly detect and respond to threats, to protect against malware and more. AI should be seen as a key cyberdefense tool that can deliver the best cybersecurity outcomes by generating threat intelligence and other innovative tools. No technology is a silo; AI, cyber and quantum can reinforce one another to combat malicious actors. What's a technology that you think is overhyped? Some experts predict AI will replace human decision-making. But human judgment remains essential as AI advances, particularly for complex decisions requiring emotional intelligence and cultural understanding that AI systems cannot fully replicate. While AI excels at data processing and pattern recognition, human insight is needed to navigate ambiguous situations, provide context and make nuanced decisions. Rather than being replaced, human judgment will be indispensable for strategic guidance and ethical oversight of AI systems. What book most shaped your conception of the future? 'A Wrinkle in Time' by Madeleine L'Engle. As a child, it got me thinking about the use and consequences of power. Science illuminates human mysteries; technology expands human capabilities. It is essential that we use science and technology in ways that respect the faith and love that unite us as humans. What could the government be doing regarding technology that it isn't? We made several suggestions in a letter to the Trump administration this week. One is the need for technology to broadly benefit the public. Government can start by increasing access to training in essential, high-tech skills that are in demand today by employers across industries. It can also spread innovation by investing in technology infrastructure to ensure businesses and communities across the country share in the benefits of technological progress. What has surprised you the most this year? The amount of time policymakers around the world have been willing to spend learning about AI. Our briefings have been standing room only. There's a broad and genuine hunger to understand the technology better in order to make policy. This isn't always the case, so it's very welcome. I'm looking forward to continuing this conversation with other stakeholders in France next week at the Paris AI Action Summit. ai act loopholes Critics of the European Union's AI Act are saying it doesn't go far enough to prevent police abuses. POLITICO's Pieter Haeck reported for Pro subscribers on alleged loopholes for bans on law enforcement using the technology to profile if someone will commit a crime, known as predictive policing, or to scrape the internet for images to build facial recognition databases or to use biometrics to determine emotions. There are carveouts in the law allowing European authorities to use real-time facial recognition technology in public places. 'You can even question whether you can really speak of a prohibition if there [are] so many exceptions,' Nathalie Smuha, an assistant professor and researcher in AI ethics at KU Leuven, told Pieter. The ban on emotion detection only extends to schools and offices, meaning law enforcement and migration officials retain access to it. Kim Van Sparrentak, a Dutch Greens lawmaker involved in the AI Act negotiations, said that retaining that access was a red line for EU governments in the final hours of negotiations. deepseek booted from the house The House of Representatives is warning staffers not to use DeepSeek technology. POLITICO's Ben Leonard and Meredith Lee Hill reported Thursday evening for Pro subscribers on a notice from the House's Chief Administrative Officer saying the chamber is currently reviewing the Chinese-developed technology, and it's not authorized for official use on 'House-issued devices, including phones, computers and tablets' during that process. 'Threat actors are already exploiting DeepSeek to deliver malicious software and infect devices,' the notice says. Anonymous House staffers told Ben and Meredith such a move is rare, having last been made in 2024 to restrict TikTok use in the House. post OF THE DAY The Future in 5 links Stay in touch with the whole team: Derek Robertson (drobertson@ Mohar Chatterjee (mchatterjee@ Steve Heuser (sheuser@ Nate Robson (nrobson@ Daniella Cheslow (dcheslow@ and Christine Mui (cmui@
