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Tag: push

Woodford leads push to oust Kier chiefs

Woodford leads push to oust Kier chiefs

Business
Leading shareholders in Kier Group, one of Britain's largest construction firms,‎ are pushing for a shake-up of its executive team weeks after it raised £250m in a surprise rights issue. Sky News has learnt that Woodford Investment Management, which holds a 16% stake in Kier, is among a group of investors questioning the future of Haydn Mursell, its chief executive, and finance director Bev Dew.Neil Woodford, the prominent fund manager who runs the firm, is said to have expressed a desire to see one or both of Mr Mursell and Mr Dew replaced in the coming months.Other big Kier shareholders‎ are said to be supportive of Mr Woodford's desire for management changes.They are likely to intensify a campaign for the construction company's bosses to be replaced unles...
Government may push RBI to lift lending curbs on some banks

Government may push RBI to lift lending curbs on some banks

Finance
By Vrishti Beniwal and Shruti SrivastavaThe Indian government will push its central bank to ease lending restrictions for some weak banks and review rules governing its functioning at a board meeting next month, people with knowledge of the matter said. The members, including government nominees, will press for some of the weak banks to be removed from the so-called prompt corrective action list, particularly those ones that have been consistent in recovering outstanding debt, the people said, asking not to be identified as the plan is not public. There are 11 state-run lenders on the list, which curbs their ability to lend. The proposals suggest another potentially tense board meeting on Dec. 14 amid an ongoing dispute between the Finance Ministry and the central bank over a number of iss...
Officials push flu vaccine after most deadly season in four decades

Officials push flu vaccine after most deadly season in four decades

Health
Sept. 27 (UPI) -- One year after a severe flu season, medical personnel are giving it their best shot to reduce hospitalizations and deaths by giving a boost to vaccines. The Centers for Disease Control and Prevention are aiming for significantly higher rates of flu vaccination for the 2018-2019 flu season following the most deadly season since 1976, the first year total seasonal flu deaths were reported. Last year there was an estimated 900,000 hospitalizations, and more than 80,000 deaths, according to new data released by the CDC on Thursday. The previous high for regular flu season deaths was 56,000. The number of people vaccinated dropped last year by 1.1 percentage point to 57.9 percent -- far below the goal of 80 percent. With the new vaccine now available, U.S. government officia...
House GOP expected to push changes to your 401(k) this fall

House GOP expected to push changes to your 401(k) this fall

Finance
Workplace retirement plans could be headed for a makeover in Congress. As part of a push for additional tax law changes, GOP lawmakers in the House are expected this month to float legislation that includes modifications to 401(k) savings plans. Broadly, those could include: reducing costs for small businesses to offer such accounts, making it less risky for employers to offer guaranteed income annuities and requiring plans to annually tell workers how long their nest egg is projected to last. "There's a lot of concern about folks...
9th boy rescued from Thailand cave as final push begins for those remaining inside

9th boy rescued from Thailand cave as final push begins for those remaining inside

World
The final push to bring home four boys and their soccer coach by a crew of international and Thai divers began in earnest on Tuesday. Eight boys have already been brought out of the cave after over two weeks in the darkness. The ninth boy was brought out of the cave at about 4 p.m. local time, according to the Thai navy SEALs. Officials confirmed they had restarted the rescue effort for the third day at 10 a.m. local time, or 11 p.m. Eastern time the prior night. As with the previous rescue efforts, 19 divers have gone into the cave, with two divers escorting each of the boys out of the cave with tethers. "If everything goes to plan, all will come out today," an official said at a Tuesday midday press conference. "We are ready to operate completely today," Chiang Rai Province ...