Judicial review is government at work – The Independent Florida Alligator

In todays lesson plan, we are going to be covering the U.S. Government. Its become clear in the past few weeks that a lot of Americans are not entirely aware of how the government functions. It has, after all, been a long time since seventh-grade civics or senior-year Advanced Placement U.S. Government. And unless you have some aspirations in politics or listen to the Hamilton soundtrack regularly, there might be some holes in your memory.

Disclaimer: This is a brief synopsis, and if you want a very thorough analysis of the early days of the U.S. Government, you will have to hit up your local history major or take UF professor Samuel P. Staffords American Civil Liberties class.

Our government is set up with separation of powers, a system of checks and balances which ensures no one branch of government overpowers another. You see, our newly formed country still had bad memories of England and an overruling tyrant, so the Continental Congress wanted to make sure that didnt happen. The first run of a set of laws for our country were the Articles of Confederation, which essentially allocated no executive power, leaving everything up to the states. Theres a reason we dont use them anymore and a reason the Continental Congress had to reassemble and figure out another way to whip our country into shape.

So they drafted up the Constitution and worked on getting it approved by the states.

One of the biggest roadblocks in ratifying our current Constitution was that people feared it would give the government namely the executive branch too much power. But eventually it was obvious we couldnt just leave everything up to the states. So compromises were made, powers were checked and balanced, and thus our Constitution was born and has been amended 27 times to keep up with changing times.

Now, a lot of people will point out that the original Constitution did not give the judicial branch much power. Indeed, it was only with the Supreme Court case of Marbury v. Madison that judicial review the power of the Supreme Court to determine whether a law is constitutional was established. But since then, all checks and balances and branches have been pretty even.

Currently, a very textbook example of the judicial branch stepping in to balance out the executive branch is playing out. Namely, the contentious travel ban by President Donald Trump has been halted and put up for review.

This is nothing new. Yet hundreds of thousands of people are acting personally victimized that (gasp!) the government dare do its job. The sad (and scary) part is that some of these people work for the government. Its not un-American or unpatriotic that the judicial branch is doing this it is, in essence, the most American thing of all. We feared a strong, overbearing single branch of government, so within our laws, we did our best to prevent that. Our government has been doing that for the past two hundred and some years.

From judicial review came: Miranda rights, the abolition of poll taxes in state elections, the separate but equal ruling, the subsequent overturning of that ruling, the rejection of former President Richard Nixons notion of executive privilege and thats just scratching the surface. The fact is this has been a very vital and important part of our country since 1803.

Challenging a presidents or Congresss decision is not going against the government. It is the government doing what it was made to do: work for the people. Not for a political party, or for groups of senators or representatives, but all the people of our country.

See the rest here:

Judicial review is government at work - The Independent Florida Alligator

Empowering the Data Subject – Manila Bulletin

Published February 9, 2017, 10:01 PM

For the past months, we at the National Privacy Commission have been working both as advocates and enforcers of the Data Privacy Act. Making sure that organizations that handle our data are aware of their responsibilities, however, is only half the task. To truly cultivate data privacy and security, the public must be made aware of their rights which the law has defined for them asdata subjects.

Raymund E. Liboro Chairman, National Privacy Commission

A data subject is an individual whose personal information is processed. In this day and age this means practically each one of us is a data subject . That is why, whenever I speak in front of data controllers and processors, I always remind them to wear two hats during my talk: one as data controller or processor and as a data subject. After-all, even if they belong to the business of processing the personal data of others, at the end of the day, everyone is basically a data subject. Truly, in contemplating the Data Privacy Act, the old maxim, Do not do unto others what you dont want done unto you, rings relevant.

We at the National Privacy Commission have started to receive complaints from citizens. They are still coming in trickles. But we expect the figure to rise as citizens learn more about their rights as data subjects through our intensified public awareness campaign. After all, knowing your rights and standing up for them are the first steps to protect yourself and collectively build a culture protective of privacy. All of us should realize that through these rights, we regain control of our data.

First of these is the right to be informed whether your data will be, is being or was processed. At the same time, you should be notified of the description, purpose, basis and scope of the personal data processing, among others. To further let you know and verify the lawfulness of the processing, you have the right to reasonable access to your data.

You also have the right to object to the processing of your data, including processing for direct marketing, automated processing or profiling. Consent may be withheld in case of any amendment in the information supplied to you.

If the data held about you is inaccurate, you may dispute and correct it. With substantial reason, you may exercise your right to suspend, withdraw or order the blocking, removal or destruction of your data from organizations filing system. You may be indemnified for damages caused by inaccurate and unlawfully obtained data, along with unauthorized use.

For you to be in full control of your data, you have the right to data portability. This allows you to obtain and electronically move, copy or transfer your data in a secure manner, for further use.

As I always say, information has become the new currency running in the veins of the global economy. Your personal information has become your 21st century asset. And If you liken it to money, then, surely, you would want to exercise control over this type of asset.

The Data Privacy Act brings back control of personal information to the individual. It signals the dawn of the age of empowerment of the data subject.

Tags: Empowering the Data Subject, Manila, manila bulletin, manila news, National Privacy Commission, news today, Privacy matters

Read the rest here:

Empowering the Data Subject - Manila Bulletin

Boston’s Office of Financial Empowerment Wants to Spread the Wealth – Next City

Since Bostons Office of Financial Empowerment started in 2014, it has expanded its services pretty significantly. It started out as a career resource center, providing discounted tax prep services for low-income families, and now its a workforce development hub and running financial empowerment campaigns for the citys youth.

Constance Martin, deputy director, says theres no shortage of success stories. Last year alone the office helped 13,000 Boston residents get their taxes ready ahead of April 18, saving each family an estimated $200 and logging a total of $24.5 million worth of refunds.

But one story that sticks out to her from recent memory came from Bridge to Hospitality, a jobs program at their newest financial empowerment center in the Roxbury neighborhood. Started in 2016, the initiative offered Martin a ground-level view on the impact her work was having.

A young man showed up for orientation with an interest in attending one of the culinary training sessions offered by the program. He was reluctant to talk in depth about his history, only telling Martin that he didnt know if he could make the program work out in his favor or secure a job once it was finished.

There was also the issue of his commute. Hed need to travel for about an hour south to get to the center from his home in Charlestown, a historic district on the north side of the Charles River. That meant long mornings cut up by numerous bus transfers.

Thats the kind of thing that could really derail somebody with good intentions, says Martin. Indeed, a recent report by the Institute for Womens Policy Research on a survey of 168 administrators of job programs like Bridge to Hospitality found 41 percent said difficulties with transportation were the main issue preventing trainees from graduating.

But he was the only one with perfect attendance in the culinary class, Martin says. It was a touching moment for her a connection between what gets signed off on at City Hall and improving the fabric of the city at a personal level. He was awarded a certificate, a small prize for his attendance and the applause of his classmates. Now hes in the next stage of training, an 18-week intensive culinary program at the New England Center for Arts and Technology.

Like the 21 other students who graduated with him, hes also going to get two years of free financial coaching at the Office of Financial Empowerment, to help him sustain and grow his income with the help of savings accounts and interest.

He and his peers are pushing to find quality jobs in a city thats at its greatest income equality divide in the past 50 years. The Boston Globe reports that while only 8 percent of Boston families lived in the citys poorest regions in 1970, today that percentage hovers around 20 percent. And a look at students on subsidized lunch programs a federal program that gives free school meals to kids from families living below the poverty line shows that upward of 78 percent of public school kids in the Boston district were using the program in 2014.

Giving youth from these families the chance to gain financial prowess will be a big component of the OFEs ongoing expansion. In November it rolled out a new savings campaign, called Boston Saves, to teach kids in the kindergarten-to-eighth-grade range and their parents about the importance of stashing away a few bucks anytime they come upon extra funds. The goal there is to lay the foundation for a life-long interest in managing money.

Research shows that families with [childrens savings accounts] are more likely to see college as a goal for their children, notes a post on the OFE site. In fact, low-income children with $500 or less in a savings account dedicated to higher education are shown to be three times more likely to enroll and four times more likely to graduate from college. The Boston Saves program provides families with a $50 deposit in any Childrens Savings Account they open to bring their children into that statistic of success.

But when it comes to Boston residents outside that age group, Martin says one of OFEs main hurdles has been outreach. Theyve gone to other nonprofit organizations throughout the city to see how they can bring their new cache of services to more people like the young man who, despite his initial reservations, ended up finding his niche in the culinary program.

What they found? No one has a magic solution. Part of the reason is that theres a slight irony thats surfaced in their pursuit of providing both financial training and employment services to residents. Once you get someone a job theyre less available to get financial coaching, says Martin. But then when youre doing it with someone who doesnt have a job, their lack of resources limits them.

The extra investment of time, she understands, can be draining. After a full day of work, these are young families who want to come home and collapse just like the rest of us. Theyre currently looking into new ways to tackle this divide even considering lasagna potlucks in neighborhoods where their services are most in demand to get people to spread the word.

But the office is motivated going forward, and hopes to report some successes on this challenge within the year. Boston has 650,000 residents, and we reach just a fraction of those in need, says Martin. They may not be able to take advantage of them right away due to family situations or logistics [like child care], but maybe we can plant a seed to help them participate in a program in the future.

JohnnyMagdalenois a Next City equitable cities fellow for2016-2017.He is a journalist, writer and photographer who focuses on human rights issues. When it comes to cities, he's interested in social equity, sustainability and policies that help or hinder disadvantaged communities. His reporting and writing have been featured by Al Jazeera, The Guardian, NPR, Huffington Post Live, VICE, VICE News, the Christian Science Monitor, the United Nations, CityLaband others.

Follow Johnny

Originally posted here:

Boston's Office of Financial Empowerment Wants to Spread the Wealth - Next City

Volvo melds technology and luxury in the XC90 T8 hybrid – Engadget

Other than its safety pedigree, the $74,400 XC90 T8 Inscription shares little with the automaker's older wagons. It's a visually striking SUV both inside and out, with clean lines, subtle accents and a few hints of chrome on the outside. The interior is reminiscent of a stylish mid-century modern office.

But more than its looks make the T8 worth considering when you're in the market for a luxury SUV. Volvo has been working hard to pack its cars with high-end technology, including semi-autonomous driving. While some automakers have spent the past five years attempting to catch up with the future of driving, Volvo has been quietly developing a top-notch SUV that's not only smart but also stylish.

At the heart of the XC90's technological prowess is the latest version of Pilot Assist (this tech was first introduced on the 2016 XC90). The feature combines the car's adaptive cruise control and lane assist to create a semi-autonomous driving experience similar to Tesla's Autopilot. During my tests on freeways, city streets and the notoriously narrow lanes of the Golden Gate Bridge, it worked as advertised most of the time. What seemed to trip up the system were sharp curves. Anything that required the wheel to turn beyond a few degrees usually required driver assistance.

Meanwhile the adaptive cruise control was spot-on, if a bit overzealous when it came to putting space between the XC90 and the car in front of it (there's that safety pedigree rearing its head). The system was also extremely aggressive about my keeping my hands on the wheel while Pilot Assist was in use, more so than other vehicles I've tested with similar technology. I'm not complaining, though: Until we have fully autonomous vehicles, it's important for drivers to continue to pay attention while using these semi-autonomous features.

With all that in mind, Pilot Assist is great for highway gridlock and cruising on the freeway. It brings the SUV to a complete stop in stop-and-go congestion, and once traffic starts moving again, a quick tap of the accelerator gets the SUV moving.

That focus on safety continues throughout the vehicle, with both low- and high-speed collision avoidance. In addition to knowing when cars are in its path, the XC90 can detect pedestrians, bicyclists and large animals (like moose!) both day and night and will apply the brakes when necessary. Unfortunately, it's tough to test this type of feature without putting people in danger, and I sadly couldn't find any moose or caribou in the San Francisco area up to the challenge.

The rest of the vehicle's tech features were easier to try out. Inside the car, the Sensus infotainment is presented on a 12.3-inch portrait-mode touchscreen display. Volvo is aiming for an easy-to-use and uncluttered experience, and while it does indeed deliver that, there are a few oddities. One confounding thing was the grouping of car features. For example, instead of all the parking buttons being lumped together, they're scattered across two groups with other systems sprinkled in.

While that's a strange design decision, the rest of the Sensus layout gives drivers quick access to apps and features without forcing them to tap on the screen seven times to turn on Parking Assist or launch the in-car weather app. For finer control of the vehicle, Volvo placed deeper level controls in the Settings area.

As for physical buttons, the XC90's interior is a perfect example of the "less is more" school of thought. None of the buttons feel incongruous or extraneous. It's a clean, well-thought-out layout that understands how people interact with their vehicle while driving. It's the first car I've driven in a long time where I was able to master every feature within a few minutes and didn't have to hunt for buttons to make something happen. Everything was where I expected it to be.

It also helps that the interior is beautiful. The leather and wood complement each other, making for a warm, inviting environment. It's not without its extravagances either. The shift knob is a hand-crafted glass crystal. Yes, it's ridiculous, but it glows a bit at night, which is cool.

The over-the-topness doesn't stop there. Volvo added "Thor's hammer'' running lights/blinkers to the front of the car. I'll admit they look remarkable, but they resemble a chisel or pick axe more than a hammer. Still, it's fun to say, "Yeah, my car has Thor's hammer lights."

The XC90 T8 has room for seven, so that boasting might indeed take place on a road trip. But as with most SUVs, that third row can be tight. At six-foot-three, I didn't bother sitting in that back row for fear I'd never be able to squeeze my way out. With those rear seats folded down, five passengers (and their glamping gear) should be comfortable during a long drive.

Which brings us to the actual driving experience. The hybrid has a four-cylinder turbo and supercharged engine up front and electric motor in the back. Together they produce 400 horsepower and 472 pounds of torque. In sport mode, you'll get an impressive jolt off the line, but drivers will likely stick to the default hybrid mode, which has a rating of 54 miles per gallon equivalent.

You can run it in pure electric mode, but during my tests I was only able to eek out 11 miles before depleting the battery. So it's fine for short jaunts around town but not much else.

I found that while behind the wheel, the XC90 T8 is an incredible cruiser -- perfect for long drives. It has a smooth ride without sacrificing cornering on the freeway. I started to forget how large the SUV actually was while on the highway, but once I hit twisty back roads, its heft immediately became apparent. While it has a sporty mode, it's tough to slap that moniker on a vehicle that weighs over 5,000 pounds. That's not a slight as much as a reminder of how physics works.

In fact, the only real issue I had while driving the car was with the brakes. They took a few days to master, because as you come to a stop the car will slowly decelerate and then suddenly stop quickly. I adjusted my braking style so that I start a bit sooner than usual; after that I didn't have any more jarring episodes. Again, as a matter of safety, having a heavy car that can brake quickly is wonderful, so it's tough to fault it for keeping me safer; I just wish it could ease into that stop.

But overall, the XC90 T8 hybrid is a feature-rich SUV that combines style, technology and safety into a package that you would have never expected from the Swedish automaker a few decades ago. The company has evolved beyond the boxy wagon to something that should be on the radar of all car buyers.

Read the original here:

Volvo melds technology and luxury in the XC90 T8 hybrid - Engadget

Top 10 Mobility Technologies Market by Technology & Geography – Global Forecast to 2022 – Yahoo Finance

LONDON, Feb. 9, 2017 /PRNewswire/ --

"Increasing demand for smart devices and technological advancements in wireless connectivity expected to drive the growth of the mobility technologies market during the forecast period" The Top 10 Mobility Technologies Market - Global Forecast to 2022, the market is expected to grow at a significant rate between 2016 and 2022. This report covers the major mobility technologies such as cellular IoT, wireless gigabit, mobile augmented reality, wireless charging for consumer electronics, Bluetooth, automotive vehicle-to-everything, mobile biometric, land mobile radio, automated guided vehicle, and wearable technology, along with their market trends between 2016 and 2022.

"Rising consumer preferences for sophisticated gadgets and growing demand for connected living fueling the growth of the wearable technology market" The emergence of wearable technology has transformed the outlook of computing on-the-go. The application areas for the wearable technology range from consumer durables and healthcare to enterprise, industrial, and so on. With the development in the technology, it is expected to have application in new verticals and increased applications in the existing verticals such as medical surgery. The key factors contributing to the growth of the wearable technology market include consumer preference for sophisticated gadgets, increasing growth prospects for next-generation displays in wearable devices, growing popularity of the Internet of Things (IoT) and connected devices, increase in demand for wearable fitness and medical devices, and development of key enabling technologies.

"Consumer preferences for wireless connectivity expected to boost the growth of the wireless charging market during the forecast period" The wireless charging technology is used for the transmission of electrical current between two objects without any physical connection. The growing demand for wireless charging technology in consumer electronics can be attributed to its features that provide ease and convenience to the end users. Wireless charging has eliminated the use of cables for charging devices and has provided a convenient way to charge electronic devices wirelessly. The growth of the wireless charging market for consumer electronics is driven by factors such as its user friendliness, growing demand for smartphones, and its ability to charge multiple devices at the same time. The major restraints for the market growth include the lack of standards and interference of other electronic devices. The increasing efficiency of wireless charging devices and applications in new verticals are the key opportunities for the wireless charging market for consumer electronics.

"Growing demand for smartphones and wireless connectivity driving the growth of the Bluetooth market" The adoption of Bluetooth is growing significantly with the advent of the Internet of Things (IoT), machine-to-machine communication, pervasive computing, and fog computing, wherein a large number of devices are required to communicate with each other. The proliferation of the network of wireless sensors, increasing adoption of emerging technologies, and mainstreaming of several smart consumer devices have led to the increase in adoption of the IoT. The consumer electronics, healthcare, and building automation industries have been revolutionized by the introduction of the IoT in the market. Various other IoT applications are also evolving such as connected cars and wearable electronics. These applications would further provide opportunities for the industry players with the help of a large and complex wireless connectivity ecosystem. The rising R&D investments and government funding in IoT-related technologies are expected to drive the growth of the Bluetooth market, especially in the U.S., China, Japan, Germany, South Korea, and the U.K.

The major players in the market for Top 10 mobility technologies include Qualcomm Inc. (U.S.), Sierra Wireless (Canada), Apple Inc. (U.S.), Samsung Electronics Corporation Ltd. (South Korea), Nuance Communication, Inc. (U.S.), Intel Corporation (U.S.), Texas Instruments (U.S.), Atmel Corporation (U.S.),, STMicroelectronics N.V. (Switzerland), Autotalks Limited (Israel), Harris Corporation (U.S.), Motorola Solutions, Inc. (U.S.), Daifuku Co., Ltd. (Japan), and Dematic GmbH & Co., KG. (Germany).

Research Coverage: This research report categorizes the Top 10 mobility technologies market on the basis of vertical, industry, application, type, geography, and others. The report also discusses the major drivers, restraints, challenges, and opportunities pertaining to all the 10 market; along with their value chain analysis and the market ranking analysis of the major players in the market.

Reasons to Buy the Report: The report would help the leaders/new entrants in this market in the following ways: 1. This report segments the Top 10 mobility technologies market comprehensively and provides the closest market size estimation for all subsegments across different regions. 2. The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities for market growth. 3. This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The report also includes competitor ecosystem, new product launches and developments, partnerships, and mergers and acquisitions.

Download the full report: https://www.reportbuyer.com/product/4664176/

About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers http://www.reportbuyer.com

For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: query@reportbuyer.com Tel: +44 208 816 85 48 Website: http://www.reportbuyer.com

Read More

See the original post here:

Top 10 Mobility Technologies Market by Technology & Geography - Global Forecast to 2022 - Yahoo Finance

A modern-day Rosie the Riveter campaign: Women in technology – The Hill (blog)

Sheryl Sandberg, Facebooks chief operating officer, Keith Weed, Unilevers chief marketing officer, recently took aim at the advertising industry, citing a study showing that only 2 percent of ads show women as intelligent and just 3 percent in positions of power.

Marketing has always been a mighty tool with the power to shape public opinion to incite action. So what if we could use it to create a long lasting positive influence on women?

The original Rosie the Riveter campaign motivated 19 million American women to either join the workforce for the first time or shift careers towards higher-paying roles that were traditionally reserved for men. Thanks to Rosies We can do it! attitude, they built aircrafts, munitions, and other goods of immediate importance towards the war effort.

Women are missing out

Innovations such as self-driving cars, drones, artificial intelligence, cryptocurrencies, high-quality online education, and computerized medicine are opening up an abundance of new opportunities that require skilled technologists to develop and operate them.

Unfortunately, we have not marketed technology to girls, and in turn, the numbers of women in technology is too small for an increasingly important driver of our economy.

It means women will miss out on the 1.4 million new jobs in computer science-related fields by 2020 predicted by the U.S. Bureau of Labor Statistics. The number of jobs is increasing while the trend for womens participation is declining.

In 1984, 37 percent of computer science graduates were women, compared to only 18 percent today. It means available high-paying jobs that would benefit from skills and diversity of thought will be denied to women due to lack of early enrollment of girls in Technology.

Im proposing that a campaign on the scale of Rosie the Riveterin whatever form it takescould be the key to creating equal opportunity for women to make the money, assert influence, and gain the independence that these job opportunities offer.

What would this advertising or marketing campaign look like? Who would fund it?

We must all build bridges

Many organizations support girls technology education, including Girls Who Code, Black Girls Code, Girl Scouts of America, and Girls Make Games. Theyre doing a great job, and a mega advertising or marketing campaign would underpin their work to give girls the skills they need to make the first step towards a future in a technology career.

Universities are recognizing the significant opportunity they can create for young women, and even set them apart for unique and powerful programs. For the first time, Harvey Mudd College in Claremont, California had more women graduate from its computer science program than men in 2016 by actively rethinking the curriculum.

Corporations are beginning to take gender parity seriously, and not just in technology. Twenty-seven chief executive officers from corporations like Bank of America, LinkedIn, and Coca-Cola have joined Paradigm for Parity pledging to achieve gender parity at the top of their corporations by 2030. They have committed programs to attack unconscious bias, achieve 30 percent women in top roles in the nearer term, and hold one another accountable through regular progress reports.

With all this groundswell and the research showing major opportunities for countries investing to fill these jobs, why are we still not advancing our efforts collectively?

We need to build bridges that connect all of these pieces together. We need to create a powerful marketing movement that combats our current stereotyping of women and focuses on early education and messages that appeal to girls sensibilities when it comes to technology. We need a pipeline of top female talent to enter and succeed in these roles.

"We can do it!"

Lets bring back Rosie and let her modern-day version inspire children, parents, educators, corporations, and governments around the world to make a positive contribution to society.

Women need to fill an equivalent of the open jobs that will drive the new techoconomy not just because theyre women, and not just because it is where the money will be, but because women use and buy technology, and the user experience has to suit both genders.

The Rosie the Riveter campaigns brilliance lay in seeking to fill necessary jobs to build national strength and eventual prosperity. Going one layer deeper, it also embedded a confidence and educational support for women to thrive and deliver.

Weve seen that advertising doesnt need to patronize women or show them in unpowerful positions. In fact, by bringing minds together and pooling our resources, we might just be able to prove the opposite.

Learning from history might just mean We can do it!

Katherine Manuel is senior vice president of innovation at Thomson Reuters. She sits on the advisory board of the Center for Entrepreneurship and Innovation at Duke Universitys Fuqua School of Business, and on the advisory board of Soar Triangle, a nonprofit organization that supports women-led startups in the Raleigh-Durham area North Carolina.

The views of contributors are their own and are not the views of The Hill.

Originally posted here:

A modern-day Rosie the Riveter campaign: Women in technology - The Hill (blog)

A growing concern: Technology and transportation – Florida Today

Scott Tilley 7:58 a.m. ET Feb. 9, 2017

A recent trip home from Montreal to Melbourne took me nearly 30 hours. It should have taken me 8. The cascade of mechanical problems, poor customer service, and overall incompetence left me tired and frustrated. I lost time. I lost sleep. But at least I eventually made it home safe and sound.

The whole experience made me realize how susceptible our air travel system is to a single point of failure. Just one thing going wrong causes a terrible domino effect. Unfortunately, I can only see the situation getting worse as traffic levels increase.

Air travel is just one form of transportation that makes up our national infrastructure. Consider cargo traffic, which has increased significantly in the last few years. Cargo ships have become gargantuan platforms that carry huge loads across the oceans. Ports around the world are constantly being re-dredged to accommodate these floating behemoths. One of the biggest cargo ships in the world, the CSCL Globe, is more than four football fields long. It can carry 19,000 twenty-foot containers. Think how many 18-wheel transport trucks that means on the highways.

How do we know whats inside each of these cargo containers? What technology do we use to ensure that weapons are not smuggled into the country? Once the containers are unloaded from the ship, what rail and road routes do they take before they reach their final destination?

The volume of trucks and cars on our roads is also growing. In many parts of the world, the rising middle class is resulting in a surge of highway traffic. In 2010, there was a traffic jam outside of Beijing, China that lasted for almost two weeks. Nearly 20 lanes of traffic stretched for more than 60 miles.

And you thought your commute was bad.

The amount of time people waste in their car, stuck in traffic during their daily commutes, continues to increase. In some big cities, spending more than four hours a day each way has become the norm. Not only is this terribly stressful on the driver (and passengers), its a colossal loss of productivity. Our national GDP suffers from gridlock. Its also a mounting security risk.

Tonight at 8:00pm in the Henegar Center, Dr. Cliff Bragdon will be speaking about transportation security as part of the Center for Technology & Societys Tech Talk series. Tickets are just $10 and can be ordered online at http://www.henegar.org or by calling the box office at 321-723-8698. I hope you come to hear about some of the many challenges facing our national transportation system and some of the possible solutions to avoiding intermodal gridlock in the future.

Scott Tilley is a professor at the Florida Institute of Technology in Melbourne. Contact him at Technology Today@srtilley.com.

Read or Share this story: http://on.flatoday.com/2k7BYB7

Original post:

A growing concern: Technology and transportation - Florida Today

Opinion: Harry Boxer’s stocks to watch: biotechnology and technology – MarketWatch

Biotechnology and technology stocks are dominating our charts to watch this week, because they are displaying strong technical momentum.

Esperion Therapeutics Inc. ESPR, -1.79% is absolutely rocketing. The clinical-stage biopharma, which is focused on developing drugs that treat cardiovascular disease, popped 29% on Friday in response to good clinical news from Amgen AMGN, -0.39% regarding its own cardiovascular drug. The stock followed through on Monday and then again Tuesday, up $2.48, or 14%, to $20.14 on nearly 3.4 million shares traded. The stock pulled back toward the close, testing the bottom of its rising channel and resting in a tight wedge formation. This formation looks poised to break to the upside, with the next target at the channel top near $22.

Exelixis Inc. EXEL, +4.12% also had a strong session on Tuesday, up 54 cents, or 2.7%, to $20.57, on nearly 6.7 million shares traded. The cancer-drug companys stock needs to get through the rising trendline, near $21, connecting the most recent tops from September, December and January. The challenge beyond that would be the mid-channel line at around $22.75, a break through that could accelerate the stock into the high $20s.

Finisar Corp. FNSR, +2.89% edged above resistance on Tuesday, though closed slightly below it, up 76 cents, or 2.5%, to $30.89, on 2.7 million shares. The provider of optical subsystems for data communications recently traversed from the top of its price channel at around $37 in December to the bottom just above $27 on January 23, before rallying in the last two weeks. The stock did close above its 50-day moving average at $30.77 on Tuesday, and a break above current levels could get it to $33.25 next, followed by $35.50.

KEMET Corp. KEM, +2.99% has been in a steady rising channel since its breakout in November. The stock last week bounced off the channel bottom and rallied after the electronic-capacitor maker beat Wall Streets third-quarter earnings and revenue forecasts. The stock popped on Thursday and Friday, had an inside day on Monday (remaining inside the price range from Friday), and on Tuesday it had another solid day, up 17 cents, or 2.2%, to 7.81, on 652,900 shares traded. The stock looks like its about to take out the $7.90 area, and run up toward the channel top in the $9-$9.75 area.

See Harrys video chart analysis on these and other stocks.

The writer has no investments in the stocks mentioned in this column.

Harry Boxer is the founder of TheTechTrader.com, a live trading room featuring his stock picks, technical market analysis and live chart presentations.

Follow this link:

Opinion: Harry Boxer's stocks to watch: biotechnology and technology - MarketWatch

Nasdaq plans venture arm to invest in financial technology: sources – Reuters

By Anna Irrera | NEW YORK

NEW YORK Exchange operator Nasdaq Inc (NDAQ.O) plans to set up a venture capital arm to invest in financial technology companies that can help grow its own businesses, two people familiar with the plans told Reuters.

The amount Nasdaq would invest could not be learned, though one person described it as "modest" relative to its broader earnings and capital plans. Nasdaq generated $2.3 billion in net revenue last year.

Nasdaq is best known for running stock exchanges around the globe, but it is also one of the largest providers of technology to other exchanges and companies involved with trading.

A venture arm would formalize some of the investing Nasdaq has already been doing in early-stage financial-technology companies. It was one of the earliest supporters of blockchain, a record-keeping tool that some expect will fundamentally change the cost, speed and accuracy of trading.

The move would also align with plans set out by Nasdaq's new chief executive, Adena Friedman, who wants to increase the company's focus on technology.

"Areas of focus for us in terms of big projects are all around technology," Friedman said last month on CNBC. "It's a matter of making sure that we continue to take all of the new technologies that are available in the marketplace and ... offering them to our clients."

Nasdaq's current investments include San Francisco-based blockchain startup Chain.com and artificial-intelligence company Digital Reasoning.

In the venture capital arm under discussion, Nasdaq would go beyond investment dollars to help companies develop technology faster, one of the sources said. The two sources were not authorized to speak publicly.

Nasdaq is not the first financial firm to set up a venture arm as a way to stay competitive. CME Group Inc (CME.O), JPMorgan Chase & Co (JPM.N) , Citigroup Inc (C.N) and Banco Santander SA (SAN.MC) are among those that have similar units.

(Reporting by Anna Irrera; Additional reporting by John McCrank; Editing by Lauren Tara LaCapra and Alan Crosby)

SAN FRANCISCO Zenefits is laying off nearly half its staff as the software startup grapples with the fallout of insurance violations that resulted in hefty penalties from state regulators.

Apple Inc Chief Executive Tim Cook told Prime Minister Theresa May the company was optimistic about Britain's future after it leaves the European Union, the BBC reported on Thursday.

TOKYO Toshiba Corp has received bids ranging from 200 billion yen to as much as 400 billion yen ($1.8-3.6 billion) for a 19.9 percent stake in its flash memory business, a person directly involved in the deal told Reuters on Thursday.

Read this article:

Nasdaq plans venture arm to invest in financial technology: sources - Reuters

Berlinale: Jury Talks Up Art But Politics and Technology Enter Discussion – Variety


Variety
Berlinale: Jury Talks Up Art But Politics and Technology Enter Discussion
Variety
While no one at the Berlin Film Festival's opening day jury press conference mentioned U.S. President Donald Trump's name, his shadow loomed large over the crowded room as jury members discussed wide-ranging topics that spanned film, politics, culture, ...

and more »

Originally posted here:

Berlinale: Jury Talks Up Art But Politics and Technology Enter Discussion - Variety

Mysterious $5 Billion Biotech Moderna Hit With Legal Setback Related To Key Technology – Forbes


Forbes
Mysterious $5 Billion Biotech Moderna Hit With Legal Setback Related To Key Technology
Forbes
A British Columbia judge has issued a ruling that puts in doubt whether Moderna Theraputics will be able to commercialize some of its first products in clinical trials using key technology that it doesn't own. British Columbia Supreme Court Justice Dev ...

See original here:

Mysterious $5 Billion Biotech Moderna Hit With Legal Setback Related To Key Technology - Forbes

Forecasters See Slow Progress in Labor-Market Measures Favored by Trump Administration – Wall Street Journal


Wall Street Journal
Forecasters See Slow Progress in Labor-Market Measures Favored by Trump Administration
Wall Street Journal
Broader measures of unemployment favored by President Donald Trump are unlikely to see much improvement in coming years, according to a new WSJ survey of economists. Mr. Trump frequently criticized the official jobless rate on the campaign trail.

Read more:

Forecasters See Slow Progress in Labor-Market Measures Favored by Trump Administration - Wall Street Journal

Evgeni Malkin making ‘progress,’ could return Saturday in Arizona – Pittsburgh Post-Gazette

DENVER Evgeni Malkin wont play when the Penguins face Colorado tonight at 9:08 at the Pepsi Center but could return as early as Saturday.

Malkin went through the Penguins optional game-day skate today and, while coach Mike Sullivan characterized it as a full-contact workout, there actually was very little hitting.

But if Malkin can get through a practice in Glendale, Ariz., Friday with no problem, theres a pretty good chance hell be in the lineup against the Coyotes the next night.

Hes obviously making significant progress, so thats encouraging from our standpoint, Sullivan said.

He added that theres a possibility Malkin, who will miss his sixth game in a row because of an unspecified injury tonight, will rejoin the lineup in Arizona.

Tight-knit group

Washington is starting to tighten its grip on first place in the Metropolitan Division, but the fight for playoff seeding in the rest of the division is intense.

The third-place Penguins trail Columbus by one point and lead the New York Rangers by three, so all three need every victory they can pick up.

The Penguins current trip, then, would seem to have come at an opportune time, since it features games against the Avalanche and Coyotes, the leagues two bottom-feeders.

Nonetheless, the Penguins insist they are not taking success in these two games for granted, that they recognize Colorado and Arizona are capable of denying them those badly needed points.

The league is good nowadays, defenseman Trevor Daley said. Those teams obviously are having tough years, but when the Pittsburgh Penguins come in, I think every team gets up for them.

I think were going to get their best, and I think were going to have to be at our best to beat them.

The games on this trip are part of a stretch of six in a row against Western Conference opponents, sandwiched between showdowns with the Blue Jackets.

Although the Penguins face Western clubs only twice a year and dont have much of a rivalry with most, defenseman Ian Cole said thats no reason to look past them.

I dont think there should be any lack of energy for these games, Cole said. They give you the opportunity to get points and the opportunity to get points should be energizing, in and of itself.

Hey, roomie

The Penguins are conducting their annual Dads Trip, with the fathers of most team members and staffers accompanying the club on the road for a couple of games.

Most players get a room of their own for away games but dont seem to mind sharing that space with a parent.

Perhaps because they get more than just a temporary roommate out of it.

Its an adjustment, but its a really enjoyable time for all of us, center Matt Cullen said. The best part for me is seeing it through their eyes a little bit.

We get caught up in the day-to-day grind of the season sometimes you forget to take a step back and realize youre in the NHL, and this is what you dreamed of your whole life.

To see them come in here and appreciate it so much, see how much it means to them, its a reminder of the fact that youre in the NHL, and its pretty special.

Cullens roomie/father, Terry, coached high school in Minnesota for many years.

Skates? No thanks

There was no news out of Colorados game-day skate, if only because the Avalanche didnt have one.

Late last month, team officials made it known that Colorado would not conduct any more of those in 2016-17.

Not necessarily because they has given up on the season understandable as that might be but because the Avs schedule is so compressed the rest of the way.

Tip-ins

Sidney Crosby, who needs two points to become the 86th player in NHL history to get 1,000, will be appearing in his 754th career game, moving him past Jean Pronovost and into third place on the franchises all-time list. Crosby and right winger Phil Kessel did not go on the ice during the game-day skate. ... Left winger Chris Kunitz has five points in his past five games. Cole has 18 points, a career-high.

Dave Molinari: Dmolinari@Post-Gazette.com and Twitter @MolinariPG

More:

Evgeni Malkin making 'progress,' could return Saturday in Arizona - Pittsburgh Post-Gazette

Progress on vet’s Mustang to be unveiled – Indianapolis Star

From left, Jay Webb and Scott Dowdy work on a mid-restoration Mustang at The Finer Details in Danville, Ind., Monday, Feb. 6, 2017. With the help of many donors and contributors, the shop is restoring the 1967 Mustang for 95 year-old World War II veteran Harry Donovan, who was ripped off by a scammer he paid to restore the car. (Photo: Jenna Watson/IndyStar)Buy Photo

The story of Harry Donovan's 1967 Mustang raced fromripoff to remarkable last year.

This weekend, the longstrange journeywillturn another corner when progress on the restoration of the 95-year-old Indianapolis man's classic Ford is unveiled at the 58th annual World of Wheels show at the State Fairgrounds.

Work on the World War II vet's car isnt done yet. But the restoration is moving closer to a reality with the recent completion of extensive body work topped by a brilliant new paint job and vinyl top.

Donovan, who was ripped off by a manhe paid nearly $10,000 to restore the Mustang five years ago, will get his first look at progress on the car Saturday.

"Harry's really excited to see what all they've done," said Donovan's daughter-in-lawCheryle Donovan. "He can't wait."

It's a day, Donovan told IndyStar last fall, that he never thought he would see.

Donovan had just about given up on his dream of seeing the car restored before his daughter-in-law reached out to IndyStar Call for Action in a last-ditch effort to get help. The complicated case proved to be beyond the scope of what IndyStar Call for Action volunteers could do, but asubsequent story about the retired businessman'splight spurred an unexpectedresponse.

The story of the ripoff struck a chord among car enthusiasts, veterans and the general public. Within weeks, a team of volunteers coordinated by Ken Mosier, owner of The Finer Details Automotive Restoration in Danville, stepped up to right the wrong Donovan had suffered.And theyre doing the work at no cost to former B-17 pilot, thanks to dozens of businesses and individuals who have donated more than $20,000in cash, partsand labor.

But that feel-good project is only part of the story. There's also a justice component.

Donovan initially made a complaint to Indianapolis police in 2013, but they did not follow up with an investigation after his request for help.

But after learning about the ripofffrom IndyStar, the Hamilton County prosecutor opened an investigation and filed two felony theft charges against alleged perpetrator Dennis Lee.

Dennis Lee of Lafayette is facing felony charges of theft and auto theft in Hamilton County for allegedly ripping off a WW II veteran who paid Lee nearly $10,000 to restore a vintage car.(Photo: Hamilton County Sheriff's Department)

Lee, who Donovan claims disappeared with the car after accepting nearly $10,000, is scheduled for trial on the theft charges in April in Hamilton County Superior Court. If convicted, hefaces a sentence of six months to three years on each charge.

Donovan said he was lucky to just get the car back. And that happened only after he enlisted the help of a family friend with law enforcement ties uponlearning Lee had been sent to jail on an unrelated criminal conviction in Hamilton County.

The Mustang eventually was located at the home of Lee's former girlfriend, but it hadn't been restored as promised. Instead, the engine, transmission, hood and several other parts had been stripped from the car leaving it in worse condition than when Donovan handed it over to Lee about two years earlier.

This time around, the restoration is going much smoother.

Harry Donovan with his 1967 Mustang before it was taken to The Finer Details Automotive Restoration in Danville in August for a makeover.(Photo: Tim Evans/IndyStar)

The original plan of doing a nice, but modest overhaul of the car was scrapped along the way. With the support of so many, and because his business name istied to the work, Mosier and his crew decided to push ahead with a project that will make the Mustang a true show car like thoseMosier has been restoring for 30 years. That kind of project would normally run $50,000 or more.

Jay Webb begins painting Harry Donovan's 1967 Mustang.(Photo: Tim Evans/IndyStar)

Volunteers have already put about 800 hours into the car so far, according to Mosier, and still have to install thenew interior, engine and transmission.

"We started with a really rough old car that had sat for years and rusted away. Basically, what he's getting is a brand spanking new car," Mosier explained. "Were hoping to have it done by spring.

Tim Evans is IndyStar's consumer advocate. Contact him at (317) 444-6204 or tim.evans@indystar.com. Follow him on Twitter: @starwatchtim.

Read or Share this story: http://indy.st/2k7d8kR

Original post:

Progress on vet's Mustang to be unveiled - Indianapolis Star

Britney Spears Says Niece Maddie Is ‘Making Progress’ After ATV Accident: ‘Let’s All Keep Praying’ – PEOPLE.com

Britney Spears has shared an update on her 8-year-old niece Maddies recovery following an ATV accident that left her unconscious for nearly two days.

We are so grateful to share that Maddie is making progress, Spears, 35, wrote in a note posted to Twitter on Wednesday afternoon. Thank you all for sending thoughts and prayers our way. Lets all keep praying.

The pop icon had previously made an appeal to fanson Monday afternoon. Need all the wishes and prayers for my niece, she captioned a photo of Maddie the daughter of her younger sister Jamie Lynn Spears.

On Sunday,Maddie was drivingan ATV within view of Jamie Lynn, 25, and her husbandJamie Watsonwhen she took a hard rightto avoid running overa nearbydrainage ditch, causing the vehicle to enter the pond on her parents property, reads a police report obtained by PEOPLE Monday.

The ATV and child were instantly submerged in the water right before their eyes. Within seconds the childs mother, stepfather and other family members reached the pond, dove in and attempted to rescue the child to no avail, the report said. The child was trapped and secured by the seatbelt and the ATVs safety netting. Within two minutes,Acadian Ambulance Services arrived and assisted in freeing the child from the cold waters.

Despite the harrowing ordeal, Maddie awoke Tuesday, surrounded by family.

With her father, mother and stepfather by her side, Maddie regained consciousness mid-day Tuesday, Feb. 7, her hospitaltells PEOPLE in a statement provided bya Spears family rep. The 8-year-old daughter of entertainer Jamie Lynn Spears wasinvolved in an ATV accident at a family home Sunday in Kentwood, Louisiana. Paramedics resuscitated her and she was airlifted to a local hospital. She is aware of her surroundings and recognizes those family members who have kept a round-the-clock vigil since the accident.

The statement continues: Doctors were able to remove the ventilator today and she is awake and talking. Maddie continues to receive oxygen and is being monitored closely but it appears that she has not suffered any neurological consequences from the accident.

Watsontook to social mediaTuesday afternoonto show his appreciation to fans for their support throughout his stepdaughters ordeal.

Thank you everyone for the prayers. Maddie is doing better and better. Thank yall so much, Watson captioned a photo on Instagram of a shirt bearing the words believe in miracles.

View original post here:

Britney Spears Says Niece Maddie Is 'Making Progress' After ATV Accident: 'Let's All Keep Praying' - PEOPLE.com

David Johnson showed off the insane progress he’s making in rehab from his knee injury – USA TODAY

By: Andrew Joseph | February 9, 2017 3:04 pm

Cardinals running back David Johnson suffered a scaryknee injury in Week 17 of his breakout season. Fortunately for Johnson and the Cardinals, the injury looked way worse than it actually was. It was a sprained MCL that did not require surgery.

Still, Johnson has needed to spend the offseason rehabbing the knee, and he seems to be making incredible progress. He can do this just one month after suffering the injury:

Jumping out of a pool is difficult to do when your knee is at 100 percent, and Johnson can do thatwhile rehabbing an injury.

Cardinals fans have to be pleased with that progress.

Arizona Cardinals, David Johnson, NFL, NFL

Andrew Joseph is a writer at For The Win. He's the proud owner of a Johnny Estrada bobblehead, and he once shared an elevator with Matthew McConaughey.

Thanks for signing up. You'll be waking up a little more awesome tomorrow.

Something went wrong.

Go here to see the original:

David Johnson showed off the insane progress he's making in rehab from his knee injury - USA TODAY

Through the looking glass: Tower view showcases progress on Amazon’s unique biospheres – GeekWire

The Amazon biodomes as seen from the Doppler tower. (Rod Learmonth Photo)

The ever-changing view of the Amazon biospheres is worth marveling at from street level for those who happen to pass through Seattles Denny Triangle area north of downtown.

But viewing the glass orbs from on high creates a unique perspective for anyone who lives orworks around and above thetech giants evolving corporate campus.

The latest view, which showed up in our Facebook feed this week, was shot from Amazons Doppler tower and shows off the three spheres with what appears to be completed glass work. Lit from the inside, one of the domes glows a soft yellow, showcasing what should be a dramatic architectural spectacle when the project is complete.

Set to open in 2018, the 100-foot-tall orbs will house hundreds of species of unique plants, offering employees a one-of-a-kind venue for connecting with nature.

At the GeekWire Summit last October, Scott Wyatt, a partner with the architecture firm NBBJ, which designed the spheres, said they are not a merely a set piece or showpiece.

Its not a showcase for people to come in from the outside, Wyatt said during a talk on modern urban planning. This is for the people that work at Amazon.Its an alternative workplace, a place where you can go be among plants in a profound way.

Showpiece or not, its hard for those of us outside the sphere of Amazon to stop looking.

More here:

Through the looking glass: Tower view showcases progress on Amazon's unique biospheres - GeekWire

Blight Elimination Progress, Uplifting – MyWabashValley

Sullilvan, IN - The City of Sullivan continues to make progress, using a blight elimination program to take out eye sores and make way for improvements.

Over the years, Sullivan has used a $1.1 million dollar allowance from the state for improvements.

Since the beginning of the blight elimination project, the city tore down seven on their own.

After joining the state funded program, 10 blighted homes came down.

And now, two more will be completed by the end of this spring, making a total of 11 for 2016.

This plot of land still has a lot of work to be done, but residents are thrilled to see the change.

"I was born and raised here," says Betty Grubaugh. "I'm 86-years-old. And I've seen a lot of North side been changed and a lot of changes in this town since I've been born. And I'm glad to see it growing."

A functional town is capable of rebuilding and renovating without losing its charm.

And as Sullivan Mayor, Clint Lambs, says restoring the beauty of Sullivan also restores something else.

"We are truly making a significant impact in the community," says Mayor Lamb (D). "And we could talk for hours on this subject, but it's basically restoring hope. It's restoring pride."

Yes, removing these problem houses reduces crime and raises the property value but the mayor believes the blight elimination program has done more than that.

"If you drive along East Washington Street or any part of town, you're going to see something coming down," says Lamb. "And what we're finding out now actually, is that some of the homes coming down are not just the homes on the blight elimination program."

"I drive around and see the houses they have torn down and I can remember what they used to look like," says Grubaugh.

The bare plots of ground show residents that this transformation doesn't come without sacrifice.

And residents know that this change is also necessary for progress.

"It makes it, our city look nicer," says Grubaugh. "You go and you drive by these houses that are falling in and think, 'gee, that looks bad.'"

Mayor Lamb knows that patience is a virtue and his message for his citizens is just that: be patient and great things will come.

"If you come in and clean up your neighborhoods, give them a curb appeal, increase the assessed value which funds police and fire, gives them a change to get out and walk, and give them a sense to build themselves up, I think it all starts right there," says Lamb.

Lamb tells me that not only is the City of Sullivan working to rid the town of plagued homes, but it's also working to add new business, upgrade lighting on the square and build and maintain better sidewalks.

And after all that is said and done, properties like this, will be turned into prime housing opportunities for residents.

Several other communities in the Wabash Valley are also taking advantage of the blight elimination program, including Vincennes, Brazil, Washington and Terre Haute.

Read the original:

Blight Elimination Progress, Uplifting - MyWabashValley

Rauner ‘heartened’ by progress in Springfield – Bloomington Pantagraph

BLOOMINGTON Gov. Bruce Rauner expressed optimism on Wednesday about an agreement being reached on a balanced budget for Illinois, but he declined to speculate on when that might happen.

I don't think anybody knows, Rauner said during a meeting with The Pantagraph's editorial board, but he added, I'm heartened by for the first time both sides of the aisle acknowledging we should have significant structural change to have a balanced budget.

They're talking about the right issues, including pension reform, workers' compensation, property taxes and a new school funding formula, he said.

He applauded a measure recently passed by the Illinois House that would freeze property taxes unless voters approve an increase.

Describing it as real tax reform, Rauner said, I hope it gets to my desk.

Without such reforms to control government growth and increase economic growth, Illinois cannot sustain a balanced budget, said Rauner, repeating what he said earlier in the day at a news conference at Heartland Community College in Normal.

It's simple math, he said.

We could get a balanced budget through cuts, said Rauner, but, it would be very painful. It's not my first choice, and it wouldn't be a long-term solution.

We can't cut our way to faster economic growth, he said. We can't tax our way out.

Illinois Attorney General Lisa Madigan recently filed a motion in court to stop payment of state employees until a budget has been approved. Employees have continued to be paid under a preliminary court injunction Madigan is seeking to have dissolved.

Rauner is urging Comptroller Susana Mendoza to fight against Madigan's move, as her predecessor, Rauner appointee Leslie Munger, did. But so far, Rauner said, he hasn't seen much of a commitment to do so from Mendoza.

Munger, who lost the November election to Mendoza, was named a deputy governor last week by Rauner.

Blocking state employee pay likely would lead to a government shutdown.

A shutdown would be terrible, said Rauner. It would play into the hands of those who want a stopgap budget and a big tax hike.

Meanwhile, the Rauner administration still has been unable to reach a contract agreement with the state's largest employee union, the American Federation of State, County and Municipal Employees Council 31. The council's approximately 35,000 members are in the midst of a strike-authorization vote.

Although a state labor board ruled that the two sides are at an impasse, which would allow the state to implement its last contract offer, union officials blocked that in court.

Rauner said the delay is costing the state $2.3 million to $2.9 million a day.

The governor has reached agreements with most of the other state employee unions and said the contract offered to AFSCME is similar to those offered to other unions.

In explaining the standoff, he said AFSCME "is used to getting their way."

Follow Lenore Sobota on Twitter: @pg_sobota

Excerpt from:

Rauner 'heartened' by progress in Springfield - Bloomington Pantagraph

Women’s Progress in the Boardroom Took a Hit in 2016 – Inc.com

We know that when a large corporation has more women on its board of directors, the company is likely to be more innovative. We know that companies who transition from all-male boards to those that are 30 percent female see their net revenue margins increase by 30 percent, on average. We even know that, if there is even one woman on a company's board of directors, attendance is better at board meetings.

Yet somehow, in the U.S., large public companies can't seem to seem to make any progress at all in getting more women onto their boards of directors. A new report by executive search firm Egon Zehnder finds that among large publicly-traded companies in the U.S., just 20 percent of board seats are held by women. That compares to 21 percent two years ago.

Egon Zehnder studied the board composition of public companies in 44 countries. Globally, they found women now hold 18.5 percent of board seats, compared to 13.6 in 2013. In Western Europe, progress has been more impressive, with women holding 26.2 percent of board seats, up from 15.6 percent.

A recent survey by theBoardlist, a group that seeks out women qualified for board seats and helps connect them to search committees, asked why the representation of women on boards was so low. The respondents, who were all women that are looking for board seats, overwhelmingly said the problem was that search committees didn't look outside their networks, and that those networks do not generally include women. Gender bias, often cited as a cause for women's lack of participation on boards, was a distant second.

Egon Zehnder attributes the U.S. lack of progress to somewhat different factors. "While U.S. businesses prioritized engaging a female workforce, contributing factors such as maternity benefits and childcare were largely overlooked," the report says. "This lack of benefits has hindered women from looking beyond the childbearing years to reach the executive positions that enable them to enter the pipeline for board-level positions. "

Many of the European countries with the highest level of gender parity on their boards, such as France (38 percent of French board seats are held by women), Germany, and Italy, have managed to do so at least partly because they've recently been subject to quotas. Other countries, such as the U.K., have gender diversity champions who have made excellent use of the bully pulpit, notably Lord Mervyn Davies, who is calling for 33 percent board participation by women by 2020. (The U.K. currently stands at 26 percent)

But one need look no farther than Canada, which does not have quotas for women on boards, to see that progress is possible. Between 2014 and 2016, the percentage of women on the boards of the largest publicly-traded Canadian companies increased from 18 to 25 percent. In the same time period, in the U.S., the percentage of women on boards actually fell, from 21 to 20 percent.

In Canada, the report notes, unlike in the U.S., there have been strong efforts to emphasize diversity at the highest levels of government and society, most notably that of Prime Minister Justin Trudeau, who appointed 15 men and 15 women to cabinet positions. The report quotes Trudeau, speaking before the U.N. General Assembly in September: "In Canada, we see diversity as a source of strength, not a weakness; our country is strong not despite our differences, but because of them."

Follow this link:

Women's Progress in the Boardroom Took a Hit in 2016 - Inc.com