The mystery client of a new seven-story office building in Automobile Alley was finally revealed on Tuesday to be Global Payments.
The third-party payment processing provider is currently based in Atlanta but plans on moving its North American headquarters to the new office space in Oklahoma City. Global Payments has positioned itself as a leader in the sector of debit and credit card transaction processing. The company purchased local company Heartland Payment Systems in 2015 for a price tag of $4.3 billion. This acquisition set the dominoes falling for the eventual headquarters relocation to the Midwest.
For months, rumors had been circulating about the new tenant set to set up shop in the emerging business district known as Automobile Alley. Developers Andy and David Burnett had previously confirmed that the new tenant would bring about 600 new jobs to the area. The office space is located at Broadway and NW 6th. Current artist renderings show a massive complex complete with ample parking space in the nearby YMCA garage, offering up 550 spots.
The effort is part of a revitalization of the area. In addition to the office space, the developers have also said that there will be a variety of dining and retail options located at street level. The new tenant will also enjoy the convenience of a planned TownePlace Suites hotel scheduled to open at a later date next door.
The Burnett’s have not confirmed that Global Payments will be the new tenant. Experts in the know about the deal say that the finalized agreement will not be made until the financial incentives are set. Global Payments employs approximately 10,000 people across the globe, boasting customers in North America, Asia, South America, and Europe.
The busy kickoff to summer took a tragic turn on Monday when a 15-year-old boy drowned at Lake Manawa in Council Bluffs.
The teen, who has not been identified yet, reportedly rolled off of his inner tube into the lake and was not wearing a life vest. Witnesses reported seeing the boy fall into the water right before 1 pm. According to Council Bluffs Assistant Fire Chief Derrick Williams, emergency crews were summoned at 1:18 pm. Despite a large rescue effort involving multiple rescue boats and a drone, the teen was not found alive. Rescue workers pulled the teen’s lifeless body from the lake at 3:18 pm.
The shores of the lake were a grim scene as parishioners from St. Joseph Catholic Church had gathered to pray for a miracle. According to Maria Ramirez, members of the church were summoned to the scene during the search and were told that there was still hope that the boy would be found alive. Even after the boy’s body was pulled from the lake, many people stayed behind to continue to pray for comfort. Ramirez said that the group had quickly mobilized texting and calling as many people as they could to join the prayer effort. What began as a prayer for safe rescue ended as a vigil, even after the boy had been taken away.
Not a lot of information about the accident is known at this time. The teen had been visiting Lake Manawa State Park with two of his siblings when the accident occurred, but it was not known if he could swim or if he had been swimming within the designated swim area or if had gone to the restricted section. Williams cited a language barrier as the rescuers attempted to obtain more information.
Communities across the Midwest are dealing with a housing crisis. It isn’t like the housing crisis during the Great Recession. In that crisis, people were facing foreclosure on their homes, and people were in a position where they owed more on the home than it was actually worth.
This new housing crisis is in the rental market. A growing percentage of people are being evicted from rental housing for a number of different reasons. The rate of evictions is growing, and one of the cities in the Midwest with a particularly high rate of rental evictions is the city of Dayton, Ohio.
Dayton has one of the most affordable housing rates in the entire nation. However, the rate of evictions within the city is now almost six percent. Only a handful of other Midwest communities have a higher eviction rate. Akron, South Bend, Warren, Fort Wayne and Indianapolis are the cities with a higher eviction rate than Dayton.
In Dayton, many are having difficulty in keeping up with their rent payments due to the fact that Dayton has one of the higher rates of poverty in the Midwest. Wages overall are on the lower side, and this means that many are paying a very high percentage of their income for housing costs. Some studies have shown that a few people within the city are spending 70 percent of their income on housing.
Most landlords are reticent to evict people. However, landlords point out that there comes a point when action must be taken for continual non-payment.
One thing that has been identified as a reason that some fall behind on rent is the withholding of rent due to problems with the landlord. Many are not aware of Ohio law which requires that renters escrow their rent with the courts if they feel that a property is not habitable. They cannot stop paying entirely.
A young Oklahoma boy is making a huge difference in the lives of many seriously ill children.
Butler resident, Jax Sealy, is not letting his young age of 11 or his limited reach keep him from raising money for St. Jude’s Children’s Hospitals. Last year, Sealey collected $13,800 from his small town of 300 to donate to the well-renowned children’s hospital network. This year, Sealy is dreaming even bigger. His goal now is to double last year’s efforts and to mobilize not just his hometown of Butler but the whole country. Sealy’s goal is to receive a donation from every state, tracking the progress on a big map.
The initiative began several years ago when Sealy raised $100 during a Bike-a-Thon at Arapaho-Butler Elementary School. He continually doubled that amount over time but was disappointed to find out that the official fundraiser lasted just two weeks. So rather than just stopping with the initial donation, Sealy has continued his efforts in an ongoing campaign.
The joy of giving inspired the young impressionable boy, who says that he just has a heart for helping sick kids. Sealey’s mother, Jara Parker, said that because Sealey was born prematurely with vision issues, her son has always been more compassionate and empathetic to the health needs of others. Sealey’s drive to help was solidified when his childhood friend passed away from cancer.
So far this month, Sealy has already has raised $1,800. He raises the money through a variety of ways including collecting cans, making and selling homemade drink coasters, and using the opportunity to verbally solicit for donations whenever he meets new people His goal is to visit St. Jude’s Hospital when he turns 16 so he can see for himself all the children that he has helped over the years.
Jeremy Goldstein is the Chairman of the Mergers and Acquisition Sub-committee of the American Bar Association Business Section.
He is also a partner at Jeremy L. Goldstein & Associates, LLC., which is a boutique law firm that focuses in on advising CEO’s, compensation committees, and management teams on all of the issues surrounding executive compensation.
He earned his Bachelor of Arts Degree while studying at Cornell University and earned his Master of Arts Degree while attending the University of Chicago. He also received his Juris Doctor while finishing up his studies at New York University.
As one of the best executive compensation attorneys in the United States, Jeremy Goldstein has been a part of quite a few of the largest corporate transactions that have taken place over the last ten years. Follow Jeremy on Twitter
He was a part of the acquisition of Goodrich by United Technologies Corporation and also served during more than one of a couple of Bank of America transactions. Learn more about Jeremy Goldstein: https://medium.com/@Jeremy_Goldstein and https://www.chambersandpartners.com/USA/person/485609/jeremy-goldstein
It was just a decade ago, or so, when he decided to steer Jeremy L. Goldstein & Associates, LLC. towards working with matters related to executive compensation. He saw consulting firms that worked in the sector do the same thing and thought it would be a good idea to narrow down his focus in order to specialize in the sector.
Jeremy Goldstein was asked in a recent interview about how he makes sure that his workday is a productive one, and he answered that he doesn’t take shortcuts. His work involves taking care of very important matters in his clients’ lives, and he takes his job very seriously.
He has to be available to his clients at all hours of the day and has found it wise to only take on a set number of matters for this reason.
Many companies and executives have benefited from his dedication to making their lives better, and a lot of this has to do with how he treats the matters in their life as if they were his own considerations.
Jeremy Goldstein has made it a top priority to get to know everything about his clients. By developing and maintaining a relationship with them that goes beyond their professional relationship, he is able to give them the kind of advice that can really make a positive impact in their lives.
This, and the amount of experience he has in the very narrow focus of his work, has made him one of the absolute best in the industry.
It was a chaotic scene in Jefferson City, Missouri on Tuesday when embattled Missouri Governor Eric Greitens announced his resignation after months of controversy.
The resignation will officially take effect on Friday, June 1 at 5 pm. It is believed that the current lieutenant governor, Mike Parson, will take his place as head of the state. The Republican Greitens has been the subject of growing scandal and controversy over much of his term. Most serious among the allegations is the that the governor had engaged in sexual misconduct. In January, Greitens admitted to the extramarital affair but denied the blackmail allegations thrown against him. Most recently, Greitens was indicted on a felony computer-tampering charge that claimed he had misused a donor list for his own gain. He was also indicted for felony invasion of privacy, although that charge was dropped shortly after the indictment.
Shortly after Greitens’ resignation announcement, St. Louis Circuit Attorney Kimberly Gardner said that the state had reached a fair resolution against the governor and that more information on this deal would be made available to the public on Wednesday.
The Republican party had a lot of hopes resting on the shoulders of Greitens when he first took office in Jefferson City. Seen as one of the party’s young rising stars, things quickly began to unravel for him. The escalating controversies caused many top Republican leaders to call on Greitens to step down.
In his resignation speech, Greitens cited growing legal bills totaling millions of dollars in addition to personal attacks against his family and colleagues as the top reasons in his decision to resign. Greitens did not take questions from reporters following his news conference, nor did he address the escalating belief that he would be facing impeachment if he had remained in office.
The St. Louis Cardinals have struggled to score runs all season, but they have stayed in contention in the NL Central division thanks to their excellent starting pitching. Their rotation was bolstered on Wednesday afternoon with the return of Alex Reyes after recovering from his Tommy John surgery. The young phenom faced the Milwaukee Brewers in his first start since 2016, but it did not go as planned for the Cardinals.
Alex Reyes looked like he was ready to dominate the Brewers after a spectacular first inning, but he ran into some troubles later in the game. After he escaped a jam in the second inning, Reyes saw his velocity decline over the next two innings. While he did not surrender any runs in his four innings, the Cardinals did not want to risk pushing their young starter when he was clearly dealing with some arm issues.
The Brewers instantly capitalized on the misfortunes of their division rival. Christian Yelich drove in the first run of the game against John Gant in the fifth inning. After getting shut down by Junior Guerra for six innings, the St. Louis offense came alive against the Milwaukee bullpen. Harrison Bader hit a solo home run off Jeremy Jeffries in the seventh to tie the game. A sacrifice fly by Tommy Pham later in the inning gave the Cardinals a one-run lead.
Tyler Lyons was tasked with preserving the lead for St. Louis, but he gave up a home run to Christian Yelich. Milwaukee retook the lead when Orlando Arcia drove in a run with a single to right field against Sam Tuivailala. After getting two scoreless innings from Josh Hader and Corey Knebel, the Brewers defeated the Cardinals 3-2. The comeback win on Wednesday afternoon extended Milwaukee’s lead in the NL Central division to 4.5 games.
After months of working within a verbal agreement, Nebraska football coach Scott Front has an official signed contract with the school.
The contract was legalized on May 22 when President Hank Bounds signed the deal. The package includes a $5 million salary and runs through the end of 2024. As part of the deal, the program will receive an additional $5 million salary pool in which Frost can pay his 10 assistant coaches as well as a head strength and conditioning coach.
In addition to the base salary, the former Nebraska quarterback receives a generous performance bonus structure, similar to other college football coaches at this level. Frost has the potential to earn up to $950,000 more for winning both the Big Ten Championship and the national title in the same year. The lion’s share of this amount would come from the $650,000 paid to Frost for winning a national title. He would earn $350,000 for reaching the title game and losing.
The buyout for Frost’s contracts is $2.5 million per year for the remainder of the contract. This amount would be prorated if part of the year had already been worked. If Frost is fired, Nebraska would be on the hook for $5 million annually until the end of 2022 and an additional $2.5 million annually through the end of 2024.
The school had already paid the University of Central Florida a $3 million buyout in order to employ Frost. In addition to this amount, the school reimbursed Frost for his relocation expenses from Florida to Nebraska. As Nebraska head coach, he will also be paid a “travel supplement” as part of his contract. Part of this stipulation includes up to 20 hours of flight time in the school’s private plane for himself and his family for personal use.
Teachers outside of colleges, universities, and other institutions of higher education throughout the United States typically bring home low salaries. Even though public education is unarguably vital to the virality, success, and sustenance of future generations all around the world, it seems as if administrators in education and politicians simply don’t value the roles of teachers as much as society feels they should.
Despite the average teacher’s salary being generally laughably low when considering how much work they pour into their professions and the average pay of people who work similarly hard and attend college for up to seven years, South Carolina offered the 47th-highest salary to beginning teachers in its public schools during the 2016-2017 school year.
South Carolina ranked in at just $33,057 in the most recent school year statistics are available for. Statistics for the most recent academic year, that of 2017-2018, should be available in the next calendar year, around one year from the time of this piece’s publication.
Although “money isn’t always everything,” according to Dr. George Metz, School of Education Dean of South Carolina’s own Charleston Southern University, “it’s nice not to go paycheck to paycheck or have two jobs.”
“Surely,” some readers might be thinking, “the average salary of a teacher in South Carolina upon hiring must be disproportionally weighted down by particularly low-income hires.” However, this reasoning couldn’t be more false.
The median starting salary of teachers across the United States, per the National Education Association, is roughly $38,617. Although some individuals were paid this much in their first years of teaching in the state of South Carolina in 2017, no county across the state paid more than the national average, even those with the highest budgets to work with or located in high-income areas.
Everyone in today’s world yearns for success in every aspect of his/her life. “Seven Figure Decisions: Having the Balls to Succeed”, is a recently released book by the proficient Nick Vertucci, where he shares in details the fundamental principles to success in the real estate industry. Nick Vertucci is a man that learned through hard work, struggle, and discipline to get the freedom that he always dreamt of. Brought up by a middle-class family, his parents supported him in his early days by providing his needs, but after he was ten years old, he watched his mother struggle to raise the family after the loss of his father. One day when he was 18, he found himself living in his car due to financial struggles, but this did not stop him from going after his dreams.
Nick Vertucci started selling computer parts which was the first company that saw him move from living in a car to earning a seven-figure income. Following the dot-com industry, he incurred losses that saw him struggle to support his own family of three daughters and his wife. Nick describes real estate as the best decision he ever made in his entire life, a career he started after he was invited to a three-day real estate seminar by his friend. For the next ten years, he was determined to understand and get the right knowledge and tools to build a successful real estate career.
Nick Vertucci is now the CEO of the Nick Vertucci Real Estate Academy, with branches all around the United States and becoming one of the fastest growing outlets for real estate education and advisory. He has shaped his passion from his own interests in real estate, to educate interested parties on how they can gain their financial freedom and get a breakthrough in the real estate industry, by following his system taught in the academy.
In his book, “Seven Figure Decisions: Having the Balls to Succeed”, Vertucci shares his story of how he overcame the odds, and gives his detailed strategy to help future entrepreneurs and aspiring investors. With his intensive knowledge on real estate and investment, he outlines his four keys to Success (See it. Believe it. Map it. Execute it) which is a winning plan that can be utilized by all entities irrespective of one being in the real estate industry or not. The book is an authentic narrative that recaps trials on successes and failures, and honestly outlines the truths of becoming a successful investor. It is indeed an eye-opener and a very straightforward inspirational piece for everyone with the desire to achieve his/her goal. With respect to the writer’s personal achievement, the book is definitely worth a read.