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Japan's health ministry has drawn up a report that includes a plan to require companies to take measures against harassment of workers by customers, it was learned Thursday. The report also calls for expanding the scope of companies obliged to disclose the proportion of women in managerial posts and the gender pay gap, from those with over 300 employees to those with over 100 employees. Based on the report, the ministry will submit related bills during next year's ordinary parliamentary session. The report was presented and approved at a meeting of a subcommittee of the ministry's Labor Policy Council on Thursday. In the report, "customer harassment" is defined as "behavior by customers, business partners, facility users and others that goes beyond what is socially acceptable and harms the environment for workers." The report urges companies to create an environment in which employees can work without major mental or physical concerns, through such initiatives as drawing up guidelines on countermeasures and offering consultation programs, while ensuring that consumers' rights are not compromised.

Too early to celebrate – Arne Slot keeps leaders Liverpool focusedKANSAS CITY, Mo.--(BUSINESS WIRE)--Dec 18, 2024-- Datasource Background Screening, a leading provider of employment background screening solutions, is announcing a partnership with Cerebrum to offer their clients faster, more accurate screenings with integrated biometric identity verification. Cerebrum's vID technology enables an intuitive candidate experience that automatically collects the information required for a background screening in about 3 minutes, virtually eliminating manual data entry. Candidate data is then verified before the screening is performed, reducing errors and enhancing screening efficiency for Datasource’s clients. “We’re excited to announce our partnership with Cerebrum, enhancing our commitment to providing secure and reliable background screening,” said DeeAnn Myers, vice-president of Datasource. “Together, we deliver a seamless experience that ensures the accurate and efficient verification of our clients’ applicants’ identities. This collaboration represents a significant step forward in streamlining the hiring process with a continued focus on unparalleled security and integrity.” This integration is ideal for industries requiring high levels of trust and compliance, such as healthcare, education, and finance, where employers need a reliable solution to efficiently manage employee verification processes. "We are excited to collaborate with Datasource to bring a simple, enjoyable screening process to their clients," said Sebastian Mellen, co-founder and CEO of Cerebrum. "This partnership is focused on delivering an improved client experience while maintaining the highest standards of accuracy and security." About Cerebrum Cerebrum is a technology company building identity and credential verification solutions with a focus on enabling secure, trusted environments. Through our collaboration with global partners, we help communities grow with accuracy, efficiency, and confidence. Cerebrum is dedicated to providing solutions that prioritize a simple, clear experience for all users. Their ecosystem is built to integrate seamlessly and flexibly with other platforms to enhance the ease with which people manage and share their digital identities. To learn more, visit cerebrum.com . About Datasource Datasource is a Kansas City area-based B2B background screening provider with a 30-year legacy of trust, experience and longevity. Serving clients nationwide, Datasource offers comprehensive solutions for employee, volunteer and tenant screening and specializes in background screenings for camps, churches, franchises, non-profits and workplaces. Datasource pioneers new products and services in the industry, such as AI-driven social media searches and now biometric identity verification. For more information, visit https://datasourcecorp.com/ . View source version on businesswire.com : https://www.businesswire.com/news/home/20241218569111/en/ CONTACT: DeeAnn Myers deeannm@datasourcecorp.com 816-228-5255 KEYWORD: MISSOURI UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: SOCIAL MEDIA SECURITY DATA MANAGEMENT OTHER EDUCATION TECHNOLOGY HUMAN RESOURCES EDUCATION COMMUNICATIONS PROFESSIONAL SERVICES BIOMETRICS ONLINE PRIVACY ARTIFICIAL INTELLIGENCE OTHER TECHNOLOGY DATA ANALYTICS HEALTH SOURCE: Datasource Background Screening Copyright Business Wire 2024. PUB: 12/18/2024 04:28 PM/DISC: 12/18/2024 04:28 PM http://www.businesswire.com/news/home/20241218569111/en

NEW YORK (AP) — Richard Parsons, one of corporate America's most prominent Black executives who held top posts at Time Warner and Citigroup, died Thursday. He was 76. Parsons, who died at his Manhattan home, was diagnosed with multiple myeloma in 2015 and cited “unanticipated complications” from the disease for cutting back on work a few years later. The financial services company Lazard, where Parsons was a longtime board member, confirmed his death. The NBA, where Parsons was interim CEO of the Los Angeles Clippers in 2014, was among organizations offering condolences. “Dick Parsons was a brilliant and transformational leader and a giant of the media industry who led with integrity and never shied away from a challenge,” NBA Commissioner Adam Silver said. Parsons’ friend Ronald Lauder told The New York Times that the cause of death was cancer. Parsons stepped down Dec. 3 from the boards of Lazard and Lauder's company, Estée Lauder, citing health reasons. He had been on Estée Lauder’s board for 25 years. Parsons, a Brooklyn native who started college at 16, was named chairman of Citigroup in 2009, one month after leaving Time Warner Inc., where he helped restore the company’s stature following its much-maligned acquisition by internet provider America Online Inc. He steered Citigroup back to profit after financial turmoil from the subprime mortgage crisis, which upended the economy in 2007 and 2008. Parsons was named to the board of CBS in September 2018 but resigned a month later because of illness. Parsons said in a statement at the time that he was already dealing with multiple myeloma when he joined the board, but “unanticipated complications have created additional new challenges.” He said his doctors advised him to cut back on his commitments to ensure recovery. “Dick’s storied career embodied the finest traditions of American business leadership,” Lazard said in a statement. The company, where Parsons was a board member from 2012 until this month, praised his “unmistakable intelligence and his irresistible warmth.” “Dick was more than an iconic leader in Lazard’s history — he was a testament to how wisdom, warmth, and unwavering judgment could shape not just companies, but people’s lives,” the company said. “His legacy lives on in the countless leaders he counseled, the institutions he renewed, and the doors he opened for others.” Parsons was known as a skilled negotiator, a diplomat and a crisis manager. Although he was with Time Warner through its difficulties with AOL, he earned respect for the company and rebuilt its relations with Wall Street. He streamlined Time Warner’s structure, pared debt and sold Warner Music Group and a book publishing division. He also fended off a challenge from activist investor Carl Icahn in 2006 to break up the company and helped Time Warner reach settlements with investors and regulators over questionable accounting practices at AOL. Parsons joined Time Warner as president in 1995 after serving as chairman and chief executive of Dime Bancorp Inc., one of the largest U.S. thrift institutions. In 2001, after AOL used its fortunes as the leading provider of Internet access in the U.S. to buy Time Warner for $106 billion in stock, Parsons became co-chief operating officer with AOL executive Robert Pittman. In that role, he was in charge of the company’s content businesses, including movie studios and recorded music. He became CEO in 2002 with the retirement of Gerald Levin, one of the key architects of that merger. Parsons was named Time Warner chairman the following year, replacing AOL founder Steve Case, who had also championed the combination. The newly formed company’s Internet division quickly became a drag on Time Warner. The promised synergies between traditional and new media never materialized. AOL began seeing a reduction in subscribers in 2002 as Americans replaced dial-up connections with broadband from cable TV and phone companies. Parsons stepped down as CEO in 2007 and as chairman in 2008. A year later AOL split from Time Warner and began trading as a separate company, following years of struggles to reinvent itself as a business focused on advertising and content. Time Warner is now owned by AT&T Inc. A board member of Citigroup and its predecessor, Citibank, since 1996, Parsons was named chairman in 2009 at a time of turmoil for the financial institution. Citigroup had suffered five straight quarters of losses and received $45 billion in government aid. Its board had been criticized for allowing the bank to invest so heavily in the risky housing market. Citigroup returned to profit under Parsons, starting in 2010, and would not have a quarterly loss again until the fourth quarter of 2017. Parsons retired from that job in 2012. In 2014 he stepped in as interim CEO of the Clippers until Microsoft CEO Steve Ballmer took over later that year. Parsons, a Republican, previously worked as a lawyer for Nelson Rockefeller, a former Republican governor of New York, and in Gerald Ford’s White House. Those early stints gave him grounding in politics and negotiations. He also was an economic adviser on President Barack Obama’s transition team. Parsons, who loved jazz and co-owned a Harlem jazz club, also served as Chairman of the Apollo Theater and the Jazz Foundation of America. And he held positions on the boards of the Smithsonian National Museum of African American History and Culture, the American Museum of Natural History and the Museum of Modern Art in New York City. Parsons played basketball at the University of Hawaii at Manoa and received his law degree from Albany Law School in 1971. He is survived by his wife, Laura, and their family. ___ This obituary was primarily written by the late Associated Press reporter Anick Jesdanun, who died in 2020 .

Florida Man Who Spied on Verizon for China Gets 4 Years in Prison

Figure 1 Site Rendering of NOVONIX’s New Facility BRISBANE, Australia, Dec. 17, 2024 (GLOBE NEWSWIRE) -- NOVONIX Limited (NASDAQ: NVX, ASX: NVX) (“NOVONIX” or “the Company”), a leading battery materials and technology company, announced today a conditional commitment to NOVONIX through one if its wholly-owned U.S.-based subsidiaries (“Borrower”), from the U.S. Department of Energy (“DOE”) through the Loan Programs Office (“LPO”) for a direct loan of up to US$754.8 million ($692 million in principal and $62.8 million in capitalized interest) to be applied towards partially financing a proposed new facility in Chattanooga, Tennessee (the “New Facility”). The proposed financing is being offered under the DOE LPO’s Advanced Technology Vehicles Manufacturing (“ATVM”) Loan Program. If finalized, the loan would be applied towards partially financing the construction of the New Facility in Chattanooga, Tennessee, to manufacture synthetic graphite primarily for use in electric vehicle (“EV”) batteries. At full capacity, the new facility is expected to produce approximately 31,500 tonnes per annum (“tpa”) of synthetic graphite, which can support the production of lithium-ion batteries for approximately 325,000 EVs each year. China currently has over 95% market share for battery grade graphite 1 . The new facility is expected to reach full production capacity by the end of 2028 and is anticipated to create 450 full-time operational jobs and 500 construction jobs. Dr. Chris Burns, CEO of NOVONIX said, “This announcement is the culmination of years of hard work and is another critical milestone for our anode materials business towards our target production of 150,000 tpa in North America. This conditional commitment from the government to invest in our new facility continues to underscore the focus on localizing critical materials in the battery supply chain, such as graphite. Recent announcements from China to further scrutinize the export of battery-grade graphite to the United States highlight the importance of domestic production of high-performance, battery-grade synthetic graphite. Our offtake agreements with strong partners have strengthened our leadership in onshoring the synthetic graphite supply chain in North America and supporting the path towards U.S. energy independence.” This year, NOVONIX has signed binding offtake agreements to supply synthetic graphite to Panasonic Energy 2 , Stellantis 3 , and PowerCo 4 . To meet this demand, the Company has previously discussed plans to build a new facility in the southeastern United States which could expand up to 75,000 tpa or production capacity. This proposed ATVM Program loan would support the construction of the first phase of the New Facility and the initial production capacity of 31,500 tpa. NOVONIX plans to subsequently expand the production capacity of this site to its target of 75,000 tpa of synthetic graphite production, any such expansion being dependent on customer demand and access to additional financing. NOVONIX’s Riverside facility, also located in Chattanooga, is poised to become the first large-scale production site dedicated to high-performance synthetic graphite for the battery sector in North America. It is slated to begin commercial production in 2025, with plans to grow output to 20,000 tpa to meet current customer commitments. Previously, the Company announced that the DOE’s Office of Manufacturing and Energy Supply Chains (“MESC”) awarded the Company a US$100 million grant 5 and that it was selected for a US$103 million investment tax credit 6 towards the funding of the Riverside facility. Key terms of the DOE’s conditional commitment, including those set forth in a non-binding term sheet attached to the conditional commitment letter signed by the DOE, NOVONIX and the Borrower, include: The loan is for a maximum amount of US$754.8 million, which includes up to US$692.0 million in principal and up to US$62.8 million in capitalized interest and will be structured in two tranches based on a phased completion of infrastructure and production lines from a total eligible investment of US$943.6 million. The loan will be comprised of two primary tranches that will have terms of 15 years and 10 years, respectively, from the date of first payment of each. The first tranche will be to support the site and infrastructure for the New Facility and 21,000 tpa of production capacity, while the second tranche will support an additional 10,500 tpa of production capacity. An additional tranche to fund eligible project costs will be subject to repayment upon receipt of any proceeds derived from the monetization of any tax credit received by the Company or the Borrower related to the New Facility under the Qualifying Advanced Energy Project Allocation Program. The loan will be guaranteed by the Company and secured by a first priority security interest in all assets of the Borrower, equity interests in and, with certain exceptions, assets of certain of NOVONIX’s existing subsidiaries. Each advance of loan proceeds will have a separate interest rate set by the Federal Financing Bank under the general supervision of the Secretary of Treasury at the time that the respective advance is made. While this conditional commitment demonstrates DOE’s intent to finance the New Facility, DOE must complete an environmental review, and the Company must satisfy certain technical, commercial, legal, environmental, and financial conditions before DOE can decide whether to enter into definitive financing documents and fund the loan. A binding loan agreement from DOE is also subject to the satisfactory completion of due diligence by DOE, satisfaction of conditions precedent specified in the term sheet, approval of the NOVONIX Board, receipt of required governmental and third-party consents, and the negotiation and execution of binding loan documents. Once binding loan documents have been signed, NOVONIX and the Borrower will need to satisfy certain conditions precedent prior to loan closing, and / or prior to first and subsequent advances of loan proceeds. This announcement has been authorised for release by Admiral Robert J Natter, USN Ret., Chairman. About NOVONIX NOVONIX is a leading battery technology company revolutionizing the global lithium-ion battery industry with innovative, sustainable technologies, high-performance materials, and more efficient production methods. The Company manufactures industry-leading battery cell testing equipment, is growing its high-performance synthetic graphite material manufacturing operations, and has developed a patented all-dry, zero-waste cathode synthesis process. Through advanced R&D capabilities, proprietary technology, and strategic partnerships, NOVONIX has gained a prominent position in the electric vehicle and energy storage systems battery industry and is powering a cleaner energy future. To learn more, visit us at www.novonixgroup.com or on LinkedIn and X . For NOVONIX Limited Scott Espenshade, ir@novonixgroup.com (investors) Stephanie Reid, media@novonixgroup.com (media) Cautionary Note Regarding Forward-Looking Statements This communication contains forward-looking statements about the Company and the industry in which we operate. Forward-looking statements can generally be identified by use of words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would,” or other similar expressions. Examples of forward-looking statements in this communication include, among others, statements we make regarding our target production capacity and commencement of commercial production at our Riverside facility, our plans to build a new production facility and achieve initial and total production capacities, and our efforts to finance this new production facility with a loan from the LPO. We have based such statements on our current expectations and projections about future events and trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Such forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, the timely deployment and scaling of our furnace technology, our ability to meet the technical specifications and demand of our existing and future customers, the accuracy of our estimates regarding market size, expenses, future revenue, capital requirements, needs and access for additional financing, the availability and impact and our compliance with the applicable terms of government support, including the DOE MESC grant and, if a definitive agreement is executed and the loan is funded, the LPO loan, our ability to satisfy the conditions precedent to our entering into definitive loan documents and to the DOE’s funding the LPO loan and, if the loan is obtained, our ability to comply with the restrictions and obligations under the loan documents, our ability to obtain patent rights effective to protect our technologies and processes and successfully defend any challenges to such rights and prevent others from commercializing such technologies and processes, and regulatory developments in the United States, Australia and other jurisdictions. These and other factors that could affect our business and results are included in our filings with the U.S. Securities and Exchange Commission (“SEC”), including the Company’s most recent annual report on Form 20-F. Copies of these filings may be obtained by visiting our Investor Relations website at www.novonixgroup.com or the SEC’s website at www.sec.gov. Forward-looking statements are not guarantees of future performance or outcomes, and actual performance and outcomes may differ materially from those made in or suggested by the forward-looking statements contained in this communication. Accordingly, you should not place undue reliance on forward-looking statements. Any forward-looking statement in this communication is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise, except as required by law. 1 Benchmark Minerals Intelligence Anode Price Assessment September 2024 2 Panasonic Energy and NOVONIX Sign Binding Off-Take Agreement - NOVONIX 3 NOVONIX and Stellantis Sign Binding Offtake Agreement - NOVONIX 4 NOVONIX and PowerCo SE Sign Binding Offtake Agreement - NOVONIX 5 NOVONIX Finalizes US$100 Million Grant Award from U.S. Department of Energy - NOVONIX 6 U.S. Government Selects NOVONIX to Receive US$103 Million in Qualifying Advanced Energy Project Tax Credits - NOVONIX A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9a660b84-f19e-4636-b981-d532b2029ace

Private sector economists raise forecasts for Singapore’s 2025 economic growthThis story has been updated with new information. MARCY — The holiday season is suddenly a lot less joyful for dozens of employees at Semikron-Danfoss, after they were told they were being laid off late last week. In response to North American automobile manufacturers’ decreased electric vehicle production, Semikron-Danfoss has announced it will reduce its workforce by about 23 percent by the end of the year. Approximately 50 employees from its workforce of 220 full-time employees and contractors will be laid off. “We are deeply disappointed by the sudden downturn in demand for our product and the electric vehicle sector as a whole,” said General Manager Michael Godsen. “We recognize this a tough time for our employees and are doing everything we can to support them during this transition.” Danfoss began production at the SUNY Poly campus in 2017 with a staff of just 17. The company saw significant growth in 2022 and 2023. In 2023 Danfoss entered into a joint venture with the German-based Semikron. Semikron-Danfoss is a semiconductor chip packaging company that produces traction control, power modules for electric vehicles. Shawna Papale, president of Mohawk Valley EDGE, a not-for-profit regional economic development organization based in Rome, is looking forward to better times for Semikron-Danfoss. “I think we are disappointed, especially at this time of year,” she said. “But I am staying optimistic that we will eventually see the EV market turn around.” Papale noted the United States has fallen behind on electric vehicle production, but she hopes that will change over the long term. Semikron-Danfoss’ power electronics technology products include semiconductor devices, power modules and power electronic stacks. She hopes Mohawk Valley EDGE can reach out to both Semikron-Danfoss and its employees. “I am hoping we will be able to work with them to help them stabilize and get people back,” Papale said. Semikron-Danfoss offers hands-on educational opportunities for students in addition to its manufacturing. “We are saddened to hear about the layoffs at Semikron-Danfoss and extend our heartfelt support to the employees and their families affected by this difficult situation,” said Wayne Westervelt, SUNY Poly’s chief of staff and vice president for external relations. Westervelt said the company remains a valued industry partner of SUNY Poly. “While we recognize the challenges faced by the electric vehicle industry as a whole, SUNY Poly remains committed to Danfoss, their automotive power module production, and their impact on the broader advanced manufacturing ecosystem in the Mohawk Valley and beyond,” he said. Impacted employees will be provided transition support services from the state and through outside organizations from Semikron-Danfoss to aid in finding new employment and support. “It has certainly been a challenging year, but we believe in the further electrification of the automotive market and are committed to continuing production here in Utica, New York,” Godsen added. “We aim to maintain our footprint here and be prepared for future growth when the market returns.” Oneida County Executive Anthony Picente did not immediately respond for comment. Several Semikron-Danfoss employees identified through Facebook were messaged for this story but also did not immediately respond with comments of their own.

North Platte School Board to stick to reports, updates for nonvoting meeting Thursday