Business

Climote enters partnership with Electric Ireland

Climote enters partnership with Electric Ireland

Irish home energy management company Climote has signed a contract with Electric Ireland, estimated to be worth €800,000, that will see the retail arm of ESB, offer Climote technology to its customers. Climote said this is the first of a number of new contracts that is hoping to secure in the coming months and will set it on the way to secure lucrative contracts with energy providers across the UK. The company has developed a remote control device that allows consumers to control their home heating system via their phone or computer. “Based on over 10 years of research and development, the Climote system enables consumers to manage their heating systems and effectively…

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Project Manager Roles Most in Demand in IT Sector – IT Alliance

Height Adjustable Desks in the Office

Updated: January 17, 2018 Height Adjustable Desks in the Office The traditional “office desk” as shown in the picture above may be a thing of the past. With the increase in health problems amongst office workers, the stand-up adjustable desk is taking off in popularity and is now even being “prescribed” by some doctors. It is no longer considered a “fad.” Experts seem to disagree on the best advice for height adjustable desks.  However, all experts agree that sitting at a desk for more than six hours a day is slowly killing you. That is not a very pleasant thought. Along with the changes in office furniture, growth in cloud computing is fuelling demand for all…

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What The Disney Buyout of 21st Century Fox Means

Scrooge McDuck Mr. Burns

  Scrooge McDuck Becomes Mr. Burns Boss The pivotal question with the news of the massive $52.4 billion in stock buyout of 21st Century Fox by Disney is “Why would Disney do this?” The answer is simple. The entertainment industry continues to evolve and Disney had its eye on the market share Fox was able to control with their original brand of entertainment. One of the main components of the deal is Sky , a pan-European satellite broadcasting company. Sky is an on-demand internet streaming media, broadband and telephone services company that is headquartered in London. In 2015, they reported over 30,000 employees and a subscriber base of more than 21…

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Small Business Saturday Economic Impact

Union Square in Hickory NC

How Did “Small Business Saturday” Fare in Small Towns? Amercian Express sponsored this year’s “ Small Business Saturday .” The event has received the largest “awareness campaign” this year. The results? They are just coming in this morning. According to JJ Ramberg, contributing editor for MSNBC, over 108 million people shopped in their local communities on Saturday. However, sales figures have not been disclosed yet. The push has been to support small business in the wake of the changing economy. This shift has put a lot of local companies out of business over the past decade. For example, Barnes and Noble put the small bookstore out of business and then Amazon put Barnes and Noble…

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Black Monday – 30 Years Later, What Have We Learned?

The Stock Market Black Monday

There was one word that best described Oct. 19, 1987: “Panic.” It was real money. It was a real fear. It was real panic. What shocked financial analysts is how it happened. On that autumn morning, stocks were up 15% for the year, and the forecast looked bright. In just one day, the DOW dropped more than 500 points, nearly 23% and global markets followed the crash sending the world into a financial tailspin. There was pushing, shoving, screaming, profane words, rage, and how there wasn’t an all-out brawl is shocking, to say the least. Orders were coming through faster than they could be handled. Phones were ringing off the hook, and…

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Equifax CEO Richard Smith Gets Grilled by Warren

Equifax CEO Richard Smith Gets Grilled by Warren

There is a major issue in the way corporations are allowed to do business after a serious breach in security. Equifax positioned themselves to give “free credit monitoring” to those affected by their data breach, but for only one year. Senator Elizabeth Warren pointed out in questioning that if just one million of the seven million people who registered for the free credit monitoring stayed on for just one more year, Equifax would earn over $200 million. LifeLock has seen its paid monitoring soar by 10x since the Equifax breach. And who does LifeLock purchase their credit monitoring services through? Equifax. You can’t make this stuff up.

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Charlotte Business Leaders Fail to Save NBA All-Star Game

Unless you’ve been hiding out under a rock, you’ve heard about the controversial House Bill 2 in North Carolina, famously referred to “The Bathroom Bill” which has led to boycotts from entertainers and corporations, however, none with a bigger sting than the 2017 NBA All-Star Game which was scheduled to be played in Charlotte and bring in a projection $100 million in revenue. It was pulled by the NBA due to anti-LGBT discrimination. However, HB2 was not about bathroom use, that is what Governor Pat McCrory used as a smoke screen to get put into law that you could no longer sue your employer over a firing due to discrimination.…

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Amgen Opens US$300M Manufacturing Facility Dun Laoghaire

Amgen Opens US$300M Manufacturing Facility Dun Laoghaire

Biotech company Amgen’s US$300m state-of-art manufacturing facility in Dun Laoghaire was officially opened this morning. The development project included the construction of an 11,500 sqm production plant known as production module 3 (PM3), a new 5,800 sqm cold-chain warehouse and significant refurbishment of the other buildings that were already on site. Amgen said its new syringe filling facility adds to the capabilities that already exist at the site and positions the Dublin plant as a critical location within the global organization. Work on the project, which was supported by the Department of Jobs through IDA Ireland, began in November 2011 and created over 500 construction jobs. The site was previously owned…

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Supermac’s founders to develop three further motorway service stations, creating 220 jobs

Supermac’s founders Pat and Una McDonagh have announced plans to develop three motorway service stations over the next two years, creating 220 jobs. They made the announcement as construction begins on their €8m motorway service station on the M6 with the laying of the first block by Minister of State for Transport, Tourism and Sport Michael Ring this afternoon. The Junction 16 Kiltullagh Plaza will open in early 2016 and will provide 100 jobs. According to its developers Pat and Una McDonagh of Supermac’s, it will be the country’s largest motorway service station. Its food offerings will include Mac’s Place Deli, Bakery & Fresh Carvery, Supermac’s, Papa John’s Pizza, SuperSubs…

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Irish Infrastructure Fund secures deal to operate the Convention Centre Dublin

Irish Infrastructure Fund secures deal to operate the Convention Centre Dublin

The Irish Infrastructure Fund (IIF) has secured the concession contract to operate and maintain the Convention Centre Dublin (CCD) in a deal which also includes a licence to build and operate a 330-bed hotel on a site nearby. Managed by Irish Life Investment Managers and AMP Capital, the IIF was launched in 2012 with a €250m commitment from the Ireland Strategic Investment Fund. Since being announced as the preferred bidder for the CCD last February, the fund has increased investor commitments to over €400m with 14 institutional investors participating in the funding round to complete this transaction – which also includes a long-term lease of the car park underneath the…

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