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Pub group Hawthorn Leisure to attract interest from competitors as private equity owner calls closing time on investment

As opposed to managed pubs which are controlled by a company like Wetherspoons, or free houses where the owners are independent of any corporate, Hawthorn mainly operates a tenanted model where individuals rent the pubs and buy their wares from the company.Hawthorn managed to pull in £41.5m of revenues for the year ended 2016, with operating profit ramping up to £529,000 from a £677,000 loss the year prior.The pub company and Avenue Capital declined to comment on any sale process, while Punch Taverns and Admiral Taverns had not responded at the time of publication.Read more: Magners brewer C&C and Proprium pick up the tab in £200m buyout of Admiral Taverns Lucy White whatsapp whatsapp Peers in the tenanted pub world, including Heineken’s pubs arm, the remainder of the Punch Taverns business which was not sold to Heineken last year, and Magners maker C&C-backed Admiral Taverns, are rumoured to be sniffing around the business.Read more: Admiral Taverns snaps up Heineken’s excess pubs following Punch Taverns acquisitionBulkin, who also founded private equity firm May Capital, created Hawthorn by scooping up 275 pubs from Greene King in 2014. He hoped to create a business which would be able to survive pressures such as the smoking ban and cheaper supermarket booze, by relying on data to help set the pricing and mix of drinks.It later bought 88 pubs from R&L and 11 from Wetherspoons, but has since sold of several “non-core” sites.Read more: London has lost a quarter of its pubs since 2001, an average loss of 81 pubs per year Share Sunday 4 March 2018 11:47 am Pub group Hawthorn Leisure to attract interest from competitors as private equity owner calls closing time on investment The 300-strong UK pub group Hawthorn Leisure is up for sale, according to industry sources, as its private equity owner looks to pass the group on.The young pub group, which was founded in 2014 by former Merrill Lynch banker Noah Bulkin with funding from Avenue Capital, is in the early stages of a process which could value it at between £115m and £130m. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeweniixTop 5 Best Affordable Sports Cars 2021 – WENIIXweniixUndoBedtimezMan Gives Girlfriend A Necklace, 2 Years Later She Screams When She Realizes What’s InsideBedtimezUndoBreathe Trainer OrgGenius Device Instantly Helps Improve Your BreathingBreathe Trainer OrgUndoAncestral FindingsPhotography Clips PodcastAncestral FindingsUndoofficial translation30 worst paying college majorsofficial translationUndoTrendscatchersSinkhole In Rome Reveals An Extraordinary DiscoveryTrendscatchersUndogeasbest2Top 18 Reasons Why Cats Follow Us to The Bathroomgeasbest2UndoCleverst25 Songs That Will Go Down As The Best Ever WrittenCleverstUndoOnline JobsOnline Jobs in the USA May Pay More Than You ThinkOnline JobsUndo read more

Investment Association boosts board gender diversity with shake up

first_img whatsapp James Booth Tags: Asset management Read This NextIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamour20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The WrapTop 5 Tips If You’re Losing Your EyebrowsVegamourJim Cramer Calls for Billionaire Tax: ‘This Society Has to Start AddressingThe WrapWhat Causes Hair Loss? Every Trigger ExplainedVegamour’Drake & Josh’ Star Drake Bell Pleads Guilty to Attempted ChildThe WrapSmoking and Hair Loss: Are They Connected?VegamourThis Is How Often You Should Cut Your HairVegamour’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap whatsapp The trade body for UK asset mangers said today that the appointment of four new directors had taken female representation on its board to almost 40 per cent. Investment Association boosts board gender diversity with shake up Share Wednesday 19 September 2018 7:11 pm The Investment Association’s (IA) new directors are Brooks Macdonald chief executive Caroline Connellan, Columbia Threadneedle Investments’ Europe, Middle East and Africa (EMEA) chief executive Michelle Scrimgeour, Newton Investment Management chief executive Hanneke Smits and JP Morgan Asset Management EMEA chief operating officer Dan Watkins.Read more: Quilter posts strong debut profits after growth in new client moneyIA chair Peter Harrison said that the new director’s “perspectives and experience will enable the IA to remain an authoritative voice for the asset management industry”.The four retiring board members are Quilter’s Paul Feeney, Janus Henderson’s Andrew Formica, Aberdeen Standard Investments’ Andrew Laing and Legal & General Investment Management’s Mark Zinkula.Read more: Shore Capital’s asset management arm makes up for fall in capital markets Harrison said the “wisdom and experience” of the retiring directors “have helped to build the IA into the organisation of influence that it is today”.Members of the IA manage £7.7 trillion of assets and employ around 100,000 people across the UK. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorymoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comPost FunDiana’s Butler Explains Why Harry Is With MeghanPost FunZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveBetterBe20 Stunning Female AthletesBetterBeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailCleverstTattoo Fails : No One Makes It Past No. 6 Without LaughingCleverstlast_img read more

News / Spot rates remain flat on Asia-Europe/US trades as carriers fear losing volumes

first_img© Iakov Filimonov Reports of full vessels from Asia to Europe and the US failed to make much impression on container spot rates this week.Prices only edged up marginally on both trades and remain significantly below the levels of a year ago.The Shanghai Containerized Freight Index (SCFI) recorded a miserly 1% uplift in spot rates to North Europe, to reach $897 per teu, while for Mediterranean ports the index showed a more satisfactory 2.8% increase, to $759 per teu.UK forwarders are reporting rates being  increased by carriers from Asia ports by around $400 per 40ft on 8 January, below the planned $1,000 per teu hikes announced a few weeks ago.Although carriers may not be too displeased at the current level of spot rates on the trade, it is worth recalling that in the same week of last year, the SCFI recorded a rate of $1,086 per teu for North Europe and $1,028 per teu for the Mediterranean.Meanwhile, despite the pre-Chinese New Year rush, spot rates from Asia to the US west coast, as recorded by the SCFI, increased by just 3.3% to $1,514 per 40ft.However, carriers serving the US east coast ports fared better, with the SCFI component up 7.5% on the week to $2,608 per 40ft. These rates are still far below the level of a year ago, when the SCFI US west coast rate stood at $2,211 and the US east component $3,700.Neil Dekker, consultant at ClipperMaritime, said carriers were reluctant to push through rate increases on the major routes because, despite the high load factors, they are concerned they will lose market share.He said: “While carriers have managed to get some traction with their latest GRI attempts, the uptake to Europe is not as significant as to the US, for example. If nothing else, this proves that lines are slightly reticent on an individual basis to really push the GRIs for fear of losing cargo.”And this caution also seems in evidence in the tonnage strategy of the carriers, given reports this week of Cosco and Yang Ming postponing the delivery of a number of newbuild vessels from this year to 2019.Lars Jenson, chief executive and partner at SeaIntelligence Consulting, said it represented “good news” for the liner industry and a “positive sign for market developments in 2018.“Of particular importance is that Cosco now stands to receive only half the number of vessels larger than 14,000 teu in 2018 than originally planned.”He added: “One of the major risks for 2018 has been that Cosco would be forced into aggressive pricing action to ensure proper utilisation in the phase-in of the larger vessels delivered in 2018. With the postponements, this risk is not eliminated, but certainly reduced.”And to underpin what gains carriers have made, yesterday OOCL published a list of post-CNY blanked US west and east coast sailings, in “response to the expected low demand”. By Mike Wackett 12/01/2018last_img read more

Trump should do more to bolster Senate drug pricing effort, Grassley says

first_img STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Washington Correspondent Lev Facher covers the politics of health and life sciences. By Lev Facher Jan. 8, 2020 Reprints [email protected] @levfacher Trump should do more to bolster Senate drug pricing effort, Grassley says Log In | Learn More GET STARTED Tags CongressDonald Trumpdrug pricingpolicySTAT+White House Politics center_img What is it? WASHINGTON — A top Republican lawmaker on Wednesday hinted that the Senate stagnation of a bipartisan drug pricing bill has a high-profile culprit: President Trump.The comments mark the second time in as many months that Sen. Chuck Grassley (R-Iowa), the chairman of the Senate Finance Committee, has suggested Republican Party leadership must act more forcefully on the issue of drug pricing. While the White House has formally endorsed the bill Grassley authored with Sen. Ron Wyden (D-Ore.), Trump has not personally pushed it with nearly the same enthusiasm that he displayed for other GOP health care efforts, like the party’s failed attempt to repeal the Affordable Care Act in 2017. About the Author Reprints Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Sen. Chuck Grassley (R-Iowa). Win McNamee/Getty Images What’s included? Lev Facherlast_img read more

Former Miami Mayor elected as Florida Democratic Party chair

first_imgFlorida moves against foreign theft of intellectual property June 8, 2021 AdvertisementAfter November election, some national political commentary has suggested that Florida is a republican state and should no longer be considered a swing state.Despite President-elect Joe Biden performing higher in most states than Hillary Clinton, President Donald Trump won the state by 3.4 percentage points, up from 1.2 percentage points four years ago.Diaz told Saturday’s meeting that Florida Democrats are “at a crossroads.” Two suffer shark bites off Florida beach June 16, 2021 AdvertisementTags: Democratic partyFloridaMayormiami-dade FORT LAUDERDALE, Fla.– Former Miami Mayor Manny Diaz was elected as the new party chair by the Florida Democrats on Saturday. Party leaders hope Diaz will be able to help turn the state blue after losing two presidential races, six gubernatorial races and both U.S. Senate seats. Diaz, 66, replaces Terrie Lizzo who had been chair for three years before choosing not to seek re-election. The former mayor ran against Ione Townsend, Hillsborough County party chair and Cynthia Moore Chestnut, a former state representative and Gainesville mayor.He won with 54% of the votes in a meeting held on Zoom. RELATEDTOPICScenter_img Florida nursing homes report COVID-19 infection rates nearly double the national average June 16, 2021 The party particularly needs to better its performance among Cuban Americans. According to AP VoteCast, a survey of the Florida electorate, Trump won 58% of Cuban American voters statewide. Clinton previously carried Miami-Dade County, which has the state’s largest Cuban community, by 30 percentage points. Biden only won the county by 7 points. This accounts for most of Trump’s increased margin in the state.Republicans attacked Biden in Miami-Dade’s Spanish-language media, calling him a “socialista” or even a “communista.” That message resonated with Cuban and Venezuelan voters, whose families escaped communist and socialist governments. “While Democrats all over the nation made gains, we continue to lose ground, we continue to lose elections and, more importantly, when we lose, all Floridians suffer,” he said. “Especially our poor and working people, our Black and Hispanic, Asian and LGBTQ communities and our environment suffers. We cannot afford to fail them.”Florida Democrats must win South Florida by large margins to offset the Republicans’ strong support in north Florida.Agriculture Commissioner Nikki Fried, the only Democratic statewide elected official, told the meeting that Florida Democrats need to learn from the the example set by their party in Georgia, where the formerly Republican state went to Biden in November. Both Senate seats also went blue in last week’s runoff election.“It was a tremendous day and seeing what it means to actually have a ground game that gets out the voters,” said Fried, who is weighing a potential gubernatorial run against Republican incumbent Ron DeSantis next year. No Democrat has won that office since 1994. “It taught us some tremendous lessons.” AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 commentsDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments Over 1,000 unemployment claim call takers let go as DEO cancels contract June 12, 2021last_img read more

Outlook stable for Canada’s banks: Moody’s

first_img Share this article and your comments with peers on social media G7 tax pledge may be upstaged by CBDC work Keywords Banking industry,  Credit ratingsCompanies Moody’s Investors Service “Asset quality remains strong and problem loans are among the lowest in the global peer group,” Moody’s said.Additionally, Moody’s noted that Canadian banks’ capital buffers have increased in recent years due to regulatory demands.“The minimum common equity tier 1 requirement is now 10%, up from 8% just two years ago thanks to the implementation of a domestic stability buffer,” the report said. “Internal capital generation along with the higher common equity requirements will continue to build capital levels and provide a cushion against unexpected losses.”Moody’s noted that high household debt remains a risk, even though the growth in debt has slowed.“The debt service ratio, which measures how much of disposable income consumers are using to pay that debt, has now matched the peak of almost 15% reached in the last recession in 2009. Many consumers have now taken on the maximum amount of debt their incomes allow,” Jason Mercer, vice president at Moody’s, said in a statement.“Employment remains strong, but bank asset quality will deteriorate from consumer insolvencies if there is a significant increase in unemployment,” he added. James Langton High debt levels threaten banks’ strong results: Fitch Facebook LinkedIn Twitter Sovereign defaults hit record level in 2020: Fitch Young business people in board room meeting at the office wavebreakmediamicro/123RF Related news The rating outlook for Canadian banks remains stable for 2020, says Moody’s Investors Service Inc.In a new report, the rating agency pointed to a “favourable” operating environment along with banks’ solid liquidity and capital positions. last_img read more

Improving outcomes for most vulnerable

first_imgImproving outcomes for most vulnerable The NSW Government is investing almost $7 billion, as part of the 2020-21 NSW Budget, to help people across the State break the cycle of disadvantage. Minister for Families, Communities and Disability Services Gareth Ward said the Budget reinforced the Government’s commitment to early intervention services and evidence-based programs, which have proven to deliver great outcomes.“This Budget doubles-down on the work we are doing to address longstanding social challenges in homelessness, child protection and youth justice,” Mr Ward said.“This Budget also aims to prevent and respond to the ongoing pressures of the pandemic, by investing in support for the most vulnerable people in our community.“These are essential investments to deliver quality services for those most in need.”The NSW Government will invest $29 million over two years to expand the Together Home initiative, to help rough sleepers into secure housing and break the cycle of homelessness. This expansion of Together Home is on top of $1.1 billion over four years for specialist homelessness services.This year, NSW will invest $3.5 billion in the National Disability Insurance Scheme, enabling people living with disability in NSW to receive the best possible support.Reinforcing the NSW Government’s commitment to supporting all people with disability, the Budget commits more than $112 million over four years to fund disability advocacy programs and inclusion services.A further $17 million will be invested to boost jobs in the rapidly growing disability support sector, to ensure service providers can attract and upskill staff.Investment in evidence-based early intervention services is the cornerstone of supportfor vulnerable children and families in this year’s Budget, with a total of $1.4 billion in 2020-21 to support the safety and welfare of vulnerable children, which includes initiatives to help drive down the number of children entering out-of-home care.The Budget also includes more than $14 million over four years to continue the Government’s reform of the youth justice system, with investments to strengthen security and infrastructure in the State’s six centres.Another $8.6 million will be invested in early intervention programs that help reduceyouth crime and divert young people away from the criminal justice system. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, children, community, Criminal, criminal justice, Department of Communities and Justice, disability, Government, homelessness, infrastructure, insurance, insurance scheme, Investment, Minister, National Disability Insurance Scheme, NSW, outcomes, securitylast_img read more

United call for road safety redraft

first_imgUnited call for road safety redraft Motorists and the trucking industry have united in calls for the Federal Government to redraft the proposed new National Road Safety Strategy to ensure it addresses the severe lack of government accountability and that it includes clear road safety targets.Responding to the draft 2021-30 National Road Safety Strategy (NRSS), the Australian Automobile Association (AAA) and the Australian Trucking Association (ATA) have come together in a united front to express their concern that the Federal Government is proposing a draft strategy that includes no measurable targets to address national fatality and injury rates on the nation’s roads.The two organisations have also expressed concern that the draft strategy does not take into consideration the failings of the last ten years that independent inquiries found were largely due to a lack of Federal Government leadership and an oversight of road safety.“The AAA and ATA submissions in response to the draft NRSS have highlighted the inadequacy of the proposed strategy and present a forceful case that it must be rewritten,” ATA CEO Andrew McKellar said.“The NRSS must be supported by measurable targets, as well as clear identification of who will be held accountable to ensure they are being met.“Each item must also set out specified sub targets so it is clear what needs to be done and how exactly these targets will be achieved,” he said.AAA Managing Director Michael Bradley said the draft strategy ran the risk of undoing the good work of last year’s federal budget and appeared to ignore key recommendations from extensive relevant government and parliamentary inquiries.“The Commonwealth last year took a major step forward, by attaching strings to the safety funding it hands to states, which was the first step needed to ensure state governments meet their safety-related obligations. Now is not the time to let that progress slip.“It is also a concern that the draft strategy doesn’t propose to use the national road toll as a measure of its progress or success; and it fails to include any other agreed performance indicators.“If governments endorse a 2021-30 strategy that contains the same shortcomings as its predecessor, then we should not be surprised if it too fails to deliver the reduced rates of death and injury that Australians deserve and desire,” he said.The AAA and ATA said that while it is clear the draft NRSS had significant weaknesses, it was important the process of review and development continued.“While we congratulate the government on establishing an Office of Road Safety and recognising the leadership role they have to play, it is more critical than ever they seize the opportunity to ensure the next NRSS has clear targets, clear responsibilities, clear actions and clear penalties for those jurisdictions that don’t pull their weight,” Mr Bradley said.The ATA submission called for several additional measures for governments to adopt in the NRSS, including the need for speed management and post-crash care measures, as well as strengthened driver licencing and training for both heavy and light vehicle drivers.“Stronger and more comprehensive truck driver licensing and training would result in safer roads, safer people, and safer companies,” Mr McKellar said.“Training for novice car drivers in how to share the road safely with trucks would play a key role in improving driver behaviour and reducing the number of injuries and fatalities on our roads,” he said.Mr Bradley and Mr McKellar were in agreement that serious action must be taken and the NRSS be properly established to build a strong foundation for the future of road safety in Australia.“The draft NRSS still has a long way to go if we are going to achieve our goals of reduced fatalities and injuries on our roads, and it is critical we work together with government and take the time to get it right,” they said.Click here for audio grabs and NRSS submissions from the AAA and the ATA. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AAA, agreement, Australia, Australian, Australian Automobile Association, commonwealth, director, Federal, federal budget, federal government, Government, industry, leadership, road safety, truck, trucking, vehiclelast_img read more

Foreign Secretary meeting with Josep Borrell, EU High Representative and Vice President of Commission,

first_imgForeign Secretary meeting with Josep Borrell, EU High Representative and Vice President of Commission, In a joint statement, Foreign Secretary Dominic Raab and EU High Representative and Vice President of the Commission, Josep Borrell, said:We are pleased to have reached an agreement together, based on goodwill and pragmatism, on an Establishment Agreement for the EU Delegation to the UK. The EU Ambassador will have a status consistent with heads of missions of states, including agrément and presentation of the credentials to the Head of State. EU Delegation staff will have the privileges and immunities needed to function effectively, while allowing for effective administration of justice, and we look forward to moving ahead and tackling global challenges together.They also discussed future EU – UK cooperation on foreign and security policy and avenues for stepping up joint work on climate change and climate diplomacy, including ahead of the Glasgow COP26.The Foreign Secretary and the High Representative also exchanged on the Cyprus settlement talks. They stressed the need to build the momentum for a next meeting of the two sides and underlined their full support to the UN efforts in the process. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:agreement, Ambassador, climate change, Commission, Cyprus, Diplomacy, EU, Europe, Government, justice, President, Secretary, security, settlement, UK, UK Government, UNlast_img read more

Comments On John Hall Winning The Nobel Prize

first_imgUniversity of Colorado President Hank Brown: “I congratulate John Hall for receiving the Nobel Prize for his extraordinary contributions. The importance of a laboratory like JILA and a partnership with NIST can not be underestimated. The longstanding partnership between NIST and CU has over the years elevated the university’s status as a premiere teaching and research university. What many people do not know, is that this important relationship allows CU students to work directly with Nobel laureates, of which CU now has four.” Interim CU-Boulder Chancellor Phil DiStefano: “This awarding of the Nobel Prize in physics to John Hall brings great honor to his research, his colleagues at JILA and NIST, to the university and to the citizens of Colorado. It is another example of the prestige and quality of CU-Boulder scientists and the opportunities available for students to work with faculty of Nobel quality.” Interim CU-Boulder vice provost and executive vice chancellor for academic affairs Susan Avery: “The long-term partnerships and interdisciplinary research between CU-Boulder and many federal entities such as NIST have truly led to world-class discoveries and wonderful educational programs. All of us are very proud of John Hall and the CU-NIST collaboration that helped to make this achievement possible.” CU-Boulder Physics Department Chair John Cumalat: “John Hall has been with the physics department since 1966 and he has been the thesis advisor of 15 physics doctorate students. He is recognized as the person who defined the speed of light and as the world guru of laser stabilization with his innovations having major impacts on a range of applications on such projects as LIGO (Laser Interferometer Gravitational-Wave Observatory), Accelerator projects, and laser innovation.” Secretary of Commerce Carlos M. Gutierrez “All of us in the Department of Commerce are extremely proud of our colleague Jan Hall of Commerce’s National Institute of Standards and Technology, one of the co-recipients of the 2005 Nobel Prize in Physics. He and his co-winners, Roy J. Glauber of Harvard University and Theodor Hänsch of the Max-Planck-Institute of Quantum Optics, were among the foremost figures in the development of the laser as a tool of science and industry. In his dedication to science and the measurement mission of NIST, and just as importantly in his dedication to education and to helping young scientists advance their careers, Jan exemplifies the best in both science and public service.” NIST Director William Jeffrey “All of us at NIST are extremely proud to count Jan Hall as one of our own. His work over the past four decades gave us a firm foundation in precision laser technology- now an essential tool of advanced physics-and has helped keep us at the forefront of the field. We are equally grateful for his life-long work in training and mentoring new generations of inspired physicists, several of whom we now consider among our star researchers. On behalf of all of NIST, I congratulate Jan and his colleagues Ted Hänsch and Roy Glauber for this well-deserved recognition.” Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: Oct. 3, 2005 last_img read more