Reporter LeDuc retiring from Fort Wayne Business Weekly

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Doug LeDucDoug LeDuc, who has covered business, manufacturing and technology for the Fort Wayne Business Weekly, is retiring from the paper.Lisa Esquivel Long of the Business Weekly writes, “LeDuc started at Business Weekly in 2006, just a year after the business journal started. Before that he covered business news at The News-Sentinel 1989-2006. He was first hired as a business journalist by the Nashville Business Journal, where he worked 1986-1989.“‘My earliest career aspirations were inspired by A.A. Milne,’ he said. ‘Eventually my tastes evolved from Winnie-the-Pooh fan fiction to journalism, so I got a bachelor’s degree in that at Brigham…

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Most successful British F1 team Williams bought by US-based investment firm

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The Williams Formula One team have been bought by US-based investment firm Dorilton Capital after being put up for sale in May. The announcement of the purchase, valued at £136m, comes in the week that all 10 F1 teams signed up to the new Concorde Agreement governing the sport, which has been designed to ensure a more level-playing field in the future. The team, founded by Sir Frank and Sir Patrick Head in 1977, has remained fiercely independent but poor performance in recent years has now forced it to seek outside investment and formally put itself up for sale in May…

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IoT News – Fibocom FM150 5G Module Empowers LiveU’s LU800, the Industry’s First Production-Level 5G Live Streaming Unit

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Fibocom, a leading global provider of IoT (Internet of Things) wireless solution and wireless communication modules, announces to collaborate with LiveU on the first all-in-one production-level field unit LU800 HEVC embedded with Fibocom FM150 5G wireless module.LiveU’s LU800 Embedded with Fibocom FM150 5G Wireless ModuleThe LU800 combines multi-camera and superior video/audio capabilities with mission-critical transmission in a native 5G unit. It supports 5G/4G/3G multi communication technologies empowered by Fibocom FM150 5G module, enabling the seamless transmission of 4K videos in real-time over 5G network. The LU800 enables complex remote productions (REMI), supporting up to four fully frame-synced feeds in high…

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The Rolling Stones are opening their first shop in London

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Think Soho’s Carnaby St, think peacocking tailors and epoch-defining musical moments from the Swinging Sixties onwards. Jimi Hendrix shopped on it, Paul McCartney met his first wife Linda at a bar just off it and The Jam even wrote a song about it. Stands to reason, then, that another of the bands most closely connected to the Carnaby’s broad musical history, The Rolling Stones, will be opening their first ever “flagship store” on the street on 9 September. Titled “RS No. 9 Carnaby” the entirely black (save for occasional fleshy flashes of the band’s John Pasche-designed “Tongue and Lip” logo)…

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Commuters face 1.6% increase in season ticket prices next year

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Commuters face a 1.6% rise in rail fares next year – under a rule linking the increase to the latest inflation figure. The Retail Prices Index (RPI) measure for July, published by the Office for National Statistics (ONS), is used to cap increases in regulated fares, which includes season tickets on most commuter routes. It is lower than the RPI reading of 2.8% in July 2019 and the lowest for the month since 2015, meaning rail users should face smaller price rises next January than they did at the start of this year. However there has been speculation about whether…

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Bankrate unveils website redesign – Talking Biz News

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Personal finance site Bankrate.com unveiled a redesign, its first in more than a decade, on Wednesday promoting its various advice areas.The homepage uses large buttons and straightforward copy.“We also sought in our redesign to better tell the Bankrate brand story,” said executive vice president Scott Hamer. “Instead of barraging consumers, they are now greeted with a warm image and messaging that defines our value proposition, while setting a tone for what users can expect as they navigate on our site.”The site also includes technology and performance improvements that make the site faster. It’s using an internal design system that allows…

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Heathrow boss tells Boris Johnson to “get a grip” of coronavirus quarantine policy

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Boris Johnson has been told to “get a grip” of his coronavirus quarantine policy as Heathrow Airport pushes for the 14-day isolation period to be shortened. The travel hub’s chief executive said today that the prime minister needs to act swiftly to stop “holding back the recovery of the UK economy” due to the restrictions on many travellers arriving in the country. The airport has revealed plans for a new testing facility which it hopes will lead to the end of the two-week mandatory quarantine for those returning from countries removed from the UK’s safe list. Arriving passengers will be…

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ViacomCBS in talks to sell CNET for $500 million

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ViacomCBS Inc. is in talks to sell technology news and reviews site CNET to digital-media holding company Red Ventures LLC, reports Benjamin Mullin and Sahil Patel of The Wall Street Journal.Mullin and Patel report, “The price being discussed for CNET is about $500 million, some of the people said. The deal isn’t final and talks could break down, the people said.

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FT and McKinsey name short list for Business Book of the Year

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From more than 400 entries, Financial Times journalists have helped select a longlist of 15 titles, from which the panel of judges will winnow a shortlist of six, to be announced on Sept. 23.Andrew Hill of the FT writes, “Books specifically about the impact of coronavirus are likely to land only in time for the 2021 prize. But there are a few in this year’s selection that should help readers prepare for a Covid-shaped world.“Among them are Margaret Heffernan’s Uncharted and Mervyn King and John Kay’s Radical Uncertainty, both of which take issue with the spurious precision of current forecasting methods.“Heffernan…

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Stormzy gives £500,000 to fund scholarships for disadvantaged students

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Stormzy has donated £500,000 to fund educational scholarships for students from disadvantaged backgrounds as part of his commitment to becoming a major philanthropist supporting black British causes. His gift to the Black Heart Foundation is the first major funding arrangement made since the rapper announced plans in June to give away £10m over a decade to help organisations that are dedicated to fighting racial inequality in the UK. Stormzy’s donation will cover the cost of awarding cash grants to about 50 students, providing support to people of any age who need financial assistance to take part in any educational activity,…

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Bloomberg News hires Hunt for wealth team

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Simon HuntSimon Hunt has been hired as a contract reporter at Bloomberg News, working on the wealth beat.Hunt will be covering executive compensation and the activities of high net worth individuals, as well as helping maintain the Bloomberg Billionaires Index, an online daily ranking of the world’s top 500 richest people.Prior to starting at Bloomberg, Hunt was a Tax Associate at PwC and then a philosophy undergraduate at Lady Margaret Hall, Oxford. While at Oxford Simon edited the university student Newspaper, Cherwell, as well as being part of the editorial board for a political student magazine, the Oxford Political Review.Hunt…

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CoinDesk hires Reynolds as global news editor

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Kevin ReynoldsBusiness journalist Kevin Reynolds has been hired by CoinDesk as global news editor.CoinDesk covers news about bitcoin and cryptocurrencies.“We plan to turn the knowledge Kevin acquired from that experience into a redesign of CoinDesk’s news feed, making it a standalone, shorter-form product that’s separate from but closely integrated with Marc Hochstein’s editorial team,” said chief content officer Michael Casey in an announcement to the staff. “The current news reporting team of Dan Palmer, Danny Nelson, and Seb Sinclair, currently overseen by Pete Pachal, will report to Kevin, who will report directly to me.Reynolds had previously been a managing editor at business…

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“Life after Journalism” webinar scheduled for next week

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Chicago-based marketing and communications agency M. Harris & Co., the Chicago chapter of the National Association of Black Journalists, and the Chicago Headline Club are hosting a webinar next Wednesday titled “Life after Journalism.”In this 90-minute webinar, former Chicago Tribune managing editor Jane Hirt (now a marketing and communications consultant), former tech reporter Wailin Wong (now of Basecamp) and former Tribune, Post and Inquirer staff writer Kayce Ataiyero (now of the Joyce Foundation) will discuss how they found work they enjoy outside media.They’ll talk about skills reporters own that are transferable — and coveted — outside the newsroom. They’ll discuss…

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Slashing carbon an epic endeavour

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Madu Venkatesan has no reservations about setting an ambitious expectation for Western Australia to cut carbon emissions, a view shared by many of her politically active peers. “(We need) a really radical shift in the way we as a society operate,” 21-year old green advocate Ms Venkatesan said. “Dreaming big and aiming high, possibly beyond our means, is vital.  “There’s not enough time to be timid on this stuff. “I’d like to see net negative (carbon emissions) by 2030.” Net negative emissions would mean WA absorbs more carbon emissions than it produces, through abatements and sequestration below ground. (click to…

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Fake news story sends railroad stock soaring

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Shares of Kansas City Southern soared last week after a fake Spanish website reported that it would be bought for a higher price than initially offered, reports Crystal Kim and Heather Perlberg of Bloomberg News.Kim and Perlberg report, “But a dispatch last Thursday from a website called El Negocio said Blackstone and a partner were preparing a bid that raised the implied value by $3 billion.“That sent the stock to a record, with Kansas City Southern closing the session among the 15 biggest gainers on the S&P 500. The next day, the article disappeared.“‘While we never comment on deal speculation,…

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