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FirstGroup's shares nudge up after the Aberdeen company strikes termination deal for rail contract

© Shutterstock / Bestravelvideo Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up FirstGroup has agreed to pay another £6 million to escape its TransPennine Express (TPE) rail contract obligations. Shares in the Aberdeen-based transport operator nudged up 0.75% to 74p today (May 11) after it announced a termination fee deal with the Department for Transport (DfT). A condition of emergency recovery measures agreements (E...
United States United Kingdom City Of Matthew Gregory Shutterstock Bestravelvideo Coast Partnership

FirstGroup investor Coast Capital in new war of words - but this time with a union

Updated: May 10, 2021, 8:50 pm © EVENING EXPRESS Thank you for signing up to The Press and Journal newsletter. Something went wrong - please try again later. Sign Up The biggest single shareholder in FirstGroup is embroiled in a new row over the Aberdeen-based transport giant after previously trying to oust its board. But this time Coast Capital’s beef is not with the company, but rather a union which has accused it of “bandit capitalism” for allegedly trying to block moves to sub...
United States United Kingdom Bobby Morton First Group Post Thumbnail Coast Capital

FirstGroup faces new battle over £3.3bn US bus sale

Others are “not interested in what the company is going to do going forwards”, the source said. The decision to fill a £336m hole in FirstGroup’s UK retirement fund comes weeks after the Pensions Regulator was given new powers to probe takeover deals that could adversely affect scheme members. The Pension Schemes Act 2021 stipulates that companies must notify the Pension’s Regulator before selling a material part of their business. The new laws followed public outcry over Sir Philip Gr...
New York United States United Kingdom Wolfhart Hauser Coast Capital Management First Student

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KPN rejects EQT and Stonepeak's € 18 billion takeover bid

KPN rejects EQT and Stonepeak’s € 18 billion takeover bid In the last two weeks, KPN has rejected a takeover bid worth around 18 billion euros from a private capital consortium, and has put pressure on bidders to raise the bid of the Dutch telecommunications group. EQT and Stonepeak Infrastructure Partners are surrounding KPN last year and began taking on the responsibilities early last month, according to several people with direct knowledge of the conversations. The offer was submitted,...
United States Carlos Slim Joost Farwerck Advent International Stonepeak Infrastructure Partners Wall Street

Pennsylvania school bus driver explains why she is coming to the International May Day online rally

Pennsylvania school bus driver explains why she is coming to the International May Day online rally Kathy, a school bus driver near Philadelphia and a leading member of the Pennsylvania Educators Rank-and-File Safety Committee, recently spoke with the World Socialist Web Site about why she is attending the International May Day Online Rally on Saturday and supporting the call for the International Workers Alliance of Rank-and-File Committees. She described the conditions teachers and support...
United States International May Day Online Rally On International May Day Rally On Pennsylvania Educators Safety Committee World Socialist Web Site International May Day Online Rally
Source: wsws.org

Flu shots at work are routine, but company COVID-19 vaccination clinics have been hard to come by. That might be changing

When Freedman Seating Co. heard manufacturing industry employees would be eligible for the COVID-19 vaccine, the company wanted to hold an event to distribute doses at work, much like it does with flu shots. Getting access to a supply of COVID-19 shots, though, was a struggle for the Chicago-based company. Pharmacies and other companies that could administer the shots were overwhelmed with ...
Cook County United States Old Post Office White House District Of Columbia Lake County
Source: msn.com

Teenager injured after being hit by a school bus in Rochester

Photo: MGN Online. Created: April 27, 2021 08:56 AM (ABC 6 News) -- A teenager was injured in Rochester after police said she was hit by a school bus. It happened shortly after 3 p.m. on Monday, April 26. According to the Rochester Police Department, the 14-year-old girl was walking her bike on a crosswalk at the intersection of 11th Ave. NW and 14th St. NW, when a First Student school bus traveling west on 14th St. made a left turn and struck the girl. Police said the 86-...
Rochester Police Department First Student ரோசெஸ்டர் போலீஸ் துறை முதல் மாணவர்
Source: kaaltv.com

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