Karl Kuhn’s teaching type not a success with ex-Radford College baseball gamers | Native Information

“I’ve seen it on many, many occasions,” said a sophomore on the 2021 team who later switched. “He’ll pull you in there after a bad inning. You can hear screams. “

“He insults you, screams in your face,” said a top-class man of the team in 2021.

Radford sporting director Robert Lineburg said he was “100% behind” Kuhn.

“Coach is passionate and he will train hard,” Lineburg said on May 12 when he and Durand sat down with Kuhn for a joint interview with the Roanoke Times.

Durand confirmed two weeks ago that Radford University stood by Kuhn.

Three freshmen of the 2020 team said he moved to another school because he didn’t like playing for Kuhn.

“I loved 99.9% of my school. That 0.1% was him, ”said one of these players.

Kuhn, 51, spent 16 years as a pitching coach for the University of Virginia before joining Radford. He succeeded Joe Raccuia, who directed Radford for 12 seasons before stepping down.

“I was hired to take on a program, and if you do that, change is inevitable and change is difficult,” Kuhn said in the May interview. “If you either find yourself unable or unwilling to adapt or change, I believe there will be resistance.”

Deep discounters like Greenback Tree get hit by soar provide chain prices

A man enters a Dollar Tree discount store in Garden City, New York.

Shannon Stapleton | Reuters

When a chartered ship for Money tree Arrived in China to load goods, a single crew member’s positive Covid-19 test forced the ship to turn back. The trip was delayed by two months.

CEO Mike Witynski shared this story and other shipping problems during a phone call on Thursday. He spoke bluntly about supply chain confusion and labor shortages. And he said they made it harder for the retailer, who sells most of their items for a dollar. And they are expected to continue into next year.

“The Dollar Tree banner is more freight sensitive than others in the industry,” he said.

Dollar Tree said Thursday that rising freight costs will push its earnings $ 1.50 to $ 1.60 per share – more than double the 60 cents forecast in May to 65 cents. Estimated earnings per share for the fiscal year will be between $ 5.40 and $ 5.60, which was lower than analysts expected.

The company’s shares closed 12.08% to $ 93.48 on Thursday.

Deep discounters are feeling the pain as Covid outbreaks and congested ports drive up the cost of shipping goods around the world. Dealers like Dick’s sporting goods, Best buy and Williams-Sonomareported higher gains this week. These companies found that fewer promotions did not dampen their customers’ willingness to buy. Some said they pay more to move goods quickly – such as flying goods on airplanes – and buyers are still buying.

However, at low cost retailers, buyers cannot afford to pay more or will walk away if the item doesn’t look like a bargain. This puts retailers in a bind as they have to decide when to raise prices and when to absorb higher costs.

“I would tell you that we were very careful in passing on prices because we know that our core customers find it difficult to afford many price increases.” Dollar general CEO Todd Vasos said on a conference call on Thursday.

Shares in the rival dollar store chain closed 3.77% to $ 225.90 on Thursday.

The off-price retailers – who also appeal to price-conscious shoppers – all fell on Thursday. Ross Stores, TJ Maxx and Burlington Stores closed by about 4%, 3% and 9%, respectively, early Thursday afternoon. Nordstrom, which also includes Nordstrom Rack, closed around 8%.

Some have detailed how to deal with the headwind.

Dollar General’s Vasos said the retailer is negotiating with vendors and has swapped some items for similar ones over the past few quarters to keep prices down.

Dollar Tree’s Witynski said the retailer had reserved its own spot on charter ships for the first time – including signing a three-year contract for a large ship. More U.S. goods were being purchased, so the Dollar Tree and Family Dollar stores were well stocked for the back-to-school season. And it prioritizes shipping containers depending on which goods are in season or in demand.

It will also continue to order seasonal purchases 30 days earlier than usual and monitor shipping availability in ports in China and the US

On the conference call, the company’s executives pointed to the predictions of industry experts that maritime shipping capacity will normalize no later than 2023 as more ships become available.

However, CFO Kevin Wampler admitted the rapidly changing environment during the pandemic – and said it made it difficult to estimate future freight costs.

“There could be another Covid outbreak,” he said. “There could be a lot of different things that could affect this. I think you have to keep in mind that it is probably the most dynamic thing we have ever seen in relation to this market. “

—CNBCs Robert Hum contributed to this report.

U.S. State Division reportedly hit by a cyberattack in current weeks

U.S. Secretary of State Antony Blinken leaves after discussing refugee programs for Afghans who have helped the United States during a briefing at the State Department in Washington, DC, on August 2, 2021.

Brendan Smialowski | Reuters

The U.S. State Department has been hit by a cyber attack and the Department of Defense’s cyber command has made reports of a potentially serious breach, a Fox News reporter said Saturday.

A knowledgeable source told Reuters that the State Department has not experienced any material disruption and its operations have not been hampered in any way.

Fox News reported that the violation presumably occurred weeks ago. It’s unclear when it was first discovered, according to the reporter’s tweet thread. The extent of the violation and whether or not there is an ongoing risk to operations is also unclear.

The continued work of the department to evacuate Americans and allied refugees in Afghanistan was not affected by the cyberattack, the reporter said, citing an anonymous source.

A State Department spokesman told CNBC on Saturday that the department “takes its responsibility to protect its information seriously and is continuously taking steps to ensure that information is protected.”

“For security reasons, we are currently unable to discuss the nature or scope of suspected cybersecurity incidents,” said the spokesman.

Jeep fans hit the highway to lift cash for St. Jude

PEKIN (Heart of Illinois ABC) – More than 100 Jeep owners made their way to a “Jeep Creep” Saturday to raise money for the St. Jude Children’s Research Hospital.

The group started in Uftring Pekin and drove slowly through the back roads in the area, making several stops before ending at Lake Sankoty.

At each station there were games and raffles to raise money, as well as a live auction and a concert in the evening to close.

Organizer Mitzi Pollitt said they expected to raise more than $ 50,000 on Saturday and shared what she hoped the drivers would leave after their experience.

“I just hope that they leave with a big heart for what they do and with appreciation for everyone. It’s just a great thing and I hope you leave feeling like you’ve really achieved something today,” said Pollitt.

The fundraising campaign started in 2019 with around 60 jeeps. Pollitt said it has gotten bigger and better every year and she hopes it will keep growing.

Europe’s tradition wants rebound after large pandemic hit | Arts & Leisure

BRUSSELS (AP) – Cultural institutions in the European Union lost up to four-fifths of revenue and visitor numbers when the COVID-19 pandemic devastated the continent and now need all the financial support they can get to restore their prestige, said the block on Tuesday.

The latest EU figures show that museums in popular tourist regions have lost up to 80% of their income in the past year. Movie theaters saw box office sales decrease by 70%, while attendance at music concerts and festivals decreased by 76%, resulting in a 64% decrease in sales.

“Everyone has lost here and we have to revive the sector,” said EU Commission Vice-President Margaritis Schinas.

And from summer music festivals that attract tens of thousands to small museums that display historical gems on a tight budget, everyone has been hurt. Cultural considerations aside, such institutions are often the driving force behind the European tourism industry on which so many of the 27 Member States depend for income and employment.

And with the bloc recovering from the worst recession in history, Schinas insisted that the culture should not be left behind.

“It’s part of our European DNA,” said Schinas. “In order for Europe to regain its status as a global cultural power, the industry needs coordinated, tailor-made efforts across Europe so that it can reopen safely but also sustainably.”

He said it was key that member states give arts and culture plenty of room in their applications for reconstruction funds from the EU if the bloc can go to the open market for grants and loans to ensure nations get away from the economic Setback can recover.

Typically, tourist-dependent countries like Italy and Spain invest direct investments to promote museums. In total, the pandemic-specific recovery funds amount to around 675 billion euros that can be tapped.

“It is imperative that our member states make an effort to include these sectors as important elements for recovery in the national reconstruction and resistance funds,” said Schinas.

He insisted that the EU itself increased support to the sector by € 4.5 billion over the next six years.

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Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed in any way without permission.

Clear Vitality ETFs Take a Hit, however Cash Retains Flowing In

Investors lost a whole bunch of bets on manufacturers of solar modules and wind turbines this year. Your answer: to double.

A year ago, Green stocks and the funds that track them recovered enormously from a pandemic faint after the market recovered. Solar panel and wind turbine companies were among the firms driven by a surge in investors and consumers Renewable Energy Demandalthough many are small, unprofitable businesses.

This year, returns are behind the broader stock market. This is due in part to past share price history and uncertainty about the Federal Reserve’s interest rate rate and the potential impact of its actions on growth stocks.

Exchange-traded funds that track renewable energy indices have seen double-digit declines so far this year.

BlackRock‘s

iShares Global Clean Energy ETF

has fallen 18% since December;

Invesco GmbH.

is popular

Solar ETF

has seen a decrease of 17%.

Nevertheless, money continues to flow. According to data from Refinitiv Lipper, professional asset managers and retailers have invested $ 6.2 billion in green energy ETFs so far this year. Inflows are on track to eclipse last year’s record of $ 7.2 billion.

Index makers and asset management firms say large declines in prices do not reflect investors’ desire to bet on green companies for now.

“We see continued demand in this area,” said Ari Rajendra, senior director of strategy and volatility indices at S&P Dow Jones Indices.

At BlackRock, the world’s largest asset manager, Clean Energy Funds have seen $ 2.7 billion in inflows and $ 1 billion in a European clean energy fund so far this year, according to FactSet. The interest was so great that S&P had to expand its clean energy benchmark, used by BlackRock funds, to solve the problem of having too much money in mostly small, difficult-to-trade companies.

Such changes don’t happen often, said S & P’s Rajendra, but strong investor demand justified revising the index from just 30 to 82. Among other things, the company lowered the criteria for listing shares.

Ross Gerber, CEO of Gerber Kawasaki Wealth and Investment Management, believes renewable energy stocks, from solar panel makers to alternative battery manufacturers, will transform transportation and other facets of everyday life.

A solar farm in Maine. Because clean energy stocks are expensive, they and the funds that replicate them can be more susceptible to market or political changes.


Photo:

Robert F. Bukaty / Associated Press

Mr. Gerber has invested more client money in Invesco’s Clean Energy Fund, adding to the total $ 446 million in ETF inflows this year. He avoids oil stocks, which are among the top performers in the stock market this year.

“The more speculative the stock, the higher the valuation. But in this market people are more interested in fantasy than reality, ”said Gerber. “So at Solar you also have a bit of imagination.”

Invesco’s solar ETF rose 233% in 2020 while BlackRock’s global clean energy fund rose 140% – by far the best years of all time for both as green stock valuations skyrocketed.

Although both funds have declined over the year to date, valuations are up. Invesco’s solar ETF trades at a forward price / earnings ratio of 36, according to FactSet, up from 21 for the S&P 500.

Meanwhile, clean energy companies trade at a 70% premium over traditional energy companies based on the ratio of enterprise value to earnings before interest, taxes, depreciation and amortization, a standard valuation measure, Strategists at

Bank of America

said. They found that rating is down from its highs earlier this year, but is still well above the five-year average.

Because stocks are expensive, they and the funds that track them can be more susceptible to market or political changes. For example, its pull could wane if the Fed starts raising rates earlier than expected, which takes some of the luster from growth stocks.

Or volatility could increase if there are hiccups for a $ 1 trillion infrastructure plan President Biden and some US Senators agreed. Green stocks rebounded last year after Mr Biden won the November presidential election as investors bet the new administration would accelerate the US transition to wind and solar and away from fossil fuels.

Investors are already experiencing some of this volatility. In the past few weeks, clean energy stocks have rallied alongside growth stocks. Invesco’s solar fund is up nearly 11% over the past month, while BlackRock’s ETF is up 2.2%.

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The willingness of investors to continue to invest money in this part of the market shows that they are positioning themselves for a potential longer-term realignment of the energy sector and the energy industry.

Rene Reyna, Head of Thematic and Specialty Product Strategy at Invesco, said the expectations are based on the belief that the technology will eventually lower the cost of batteries, solar panels and other green efforts to the point that it will gain wider adoption and big profits become. In this sense, clean energy is the “trade of hope,” he said.

Construction of a wind farm in New Mexico last year. Clean energy companies trade at a 70% premium over traditional energy companies.


Photo:

Cate Dingley / Bloomberg News

Write to Michael Wursthorn Michael.Wursthorn@wsj.com

Copyright © 2020 Dow Jones & Company, Inc. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8

Biden administration to say it doubtless will not hit Fourth of July targets

United States President Joe Biden speaks during an event in the South Court Auditorium of the White House on June 2, 2021 in Washington, DC.

Alex Wong | Getty Images

The Biden government plans to confirm Tuesday that it is unlikely to meet President Joe Bidens Aim to get 70% of American adults to get one or more vaccinations by July 4th, the advance said Comments from NBC News.

White House Covid Tsar Jeff Zients will announce that the government has hit the 70 percent mark for those ages 30 and older and is on track to get them by Nov. 4, according to NBC News. July for the 27-year-olds. But it will likely be a few more weeks beyond the holidays before the adult milestone is reached, Zients will say in his prepared remarks.

Still, Zients will insist that, according to remarks in its vaccination program, the White House “exceeded our highest expectations” and achieved a vision for Biden in March to safely meet with friends and family to celebrate the holiday.

Biden set two goals Early May: Give at least one vaccination to 70% of adults in the United States and vaccinate 160 million American adults fully by Independence Day.

About 65% of American adults will have had one or more injections by Monday, according to the Centers for Disease Control and Prevention. A CNBC analysis of CDC data shows that at the current vaccination rate, about 67% of adults of the fourth are at least partially vaccinated.

According to CDC data, around 144 million people aged 18 and over are fully vaccinated, on the way to reaching around 151 million if the current pace of daily vaccinations reported remains constant.

When Biden first announced his two goals on May 4th, the US was well on its way to scoring both. However, according to CDC data, the vaccination rate has fallen in the weeks since the seven-day average from 2.2 million vaccinations per day in all age groups to 1.1 million on June 21.

The government has easily met its previous vaccination goals in the first 100 days of the president’s tenure. Biden initially targeted 100 million vaccinations in 100 days, which was criticized for being too easy, and achieved it on day 58. The White House raised the target to 200 million vaccinations, which it did surpassed on the 92nd day of the presidency.

Amid the vaccination campaign, nationwide case numbers have dropped to levels not seen since the early days of the pandemic, although the risk of disease remains for the unvaccinated.

Zients will comment on the fact that many younger Americans were less eager to get an injection, according to NBC News, and emphasize the importance of vaccinations for this age group due to the spread of the Delta variant.

Biden warned Friday that the highly contagious variant, first identified in India, appears to be “particularly dangerous” for young people.

“The data is clear: if you are not vaccinated, there is a risk that you will become seriously ill, or die, or spread,” Biden said during a White House press conference.

Sixteen states and the District of Columbia have already reached Biden’s goal, led by Vermont, Hawaii and Massachusetts, where more than 80% of adults are at least partially vaccinated.

Other states are lagging behind, 17 of which are below the 60% mark. These include Mississippi, Louisiana, Wyoming, and Alabama, each of which less than 50% of its adult residents hit one or more shots.

“Our work does not stop on July 4th or at 70%”, Zients will say in his remarks, and Biden’s goals will be described as “aspiring goals in order to achieve progress in a short time”.

“We want every American in every community to be protected and free from fear of the virus,” Zients will say.

– CNBCs Berkeley Lovelace Jr. contributed to this report.

Man Fieri is on a mission to assist save eating places hit by pandemic

The food network star and restaurateur Guy Fieri has more on his mind these days than managing his own restaurant business out of the Covid pandemic.

He’s trying to revive the industry himself.

Next month he will be giving grants of $ 300,000 to aspiring restaurant entrepreneurs and existing owners.

“I’ve been very blessed,” said Fieri, who recently signed a three-year contract with the Food Network, valued at $ 80 million, according to Forbes.

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“So I try to devote my time and attention to helping others raise this money and creating some awareness,” he added.

According to the Covid-19 operator survey by the National Restaurant Association for April, around 90,000 dining and drinking establishments are still completely or long-term closed.

Those who are open face higher costs and lower profits.

The grants made in collaboration with the National Restaurant Association Education Foundation and the California Restaurant Association will take place during Fieri’s event, Guy’s Restaurant Reboot, on June 12 at 7 p.m. ET. It will be broadcast on its livestream Facebook site and GuysRestaurantReboot.comas well as simulcast via other social media platforms.

NBC | NBCUniversal | Getty Images

The recipients, who will each receive $ 25,000, will be selected by the two food groups, Fieri said. The grants are largely funded by the event sponsors, including LendingTree. In fact, there will be no fundraisers during the event. Instead, celebrities and culinary icons will take part in creations and conversations.

“It’s not a telethon,” said Fieri. “It’s a celebration, an inspiration.

“We want to remind everyone that we eat out more often,” he added. “Get more delivery. Buy more gift certificates.”

This isn’t Fieri’s first foray into philanthropy. He was honored by Make-A-Wish for his work with the charity and himself fed firefighters last year, among other things, against forest fires in California.

Also last year, he raised $ 21.5 million to help restaurant workers across the United States National Restaurant Association Employee Assistance Fund. The result: $ 500 in grants to more than 43,000 workers.

Now that the restaurants are reopening and trying to move forward Workers are hard to find. In fact, 84% of operators say their headcount is lower than in the absence of Covid-19, according to the National Restaurant Association’s April survey.

Owners have blamed unemployment benefits, lack of childcare for working parents, and people leaving the company during the pandemic.

“I hope people realize the industry needs you,” said Fieri. “The industry has been great for you.”

Even Fieri can feel the pain. He recently attempted to bring a friend over for lunch at Guy Fieri’s Vegas Kitchen and Bar on a weekday – only to find out that the place wasn’t open for those hours.

“It’s a wide variety of issues, including staffing,” he said.

“But we can do it, you know, we’ll be back.”

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U.S. Covid instances hit lowest stage since June 2020

Alfresco dining is served in a restaurant in Ann Arbor, Michigan, U.S., April 4, 2021 as coronavirus disease (COVID-19) restrictions are eased.

Emily Elconin | Reuters

Covid cases in the US have fallen to their lowest level since June as the nation prepares for Memorial Day weekend, the unofficial start of the summer travel season.

The seven-day average of new infections is around 26,000 on Sunday, according to Johns Hopkins University. That’s the lowest number since June last year.

The decline in falls is a hopeful sign, especially as many Americans plan to travel, spend days on the beach, and hang out with friends and family over the summer. It is the latest in a series of milestones that signal a reopening of the economy and a gradual return to a more typical way of life.

Cases of Covid have decreased as more people are vaccinated across the country. Approximately 49% of the US population have had at least one vaccine, and 39% of the population will be fully vaccinated as of Saturday, according to the Centers for Disease Control and Prevention. According to the CDC, 61% of those over 18 are at least partially vaccinated.

Retailers, including aim, Walmart and Macy’s said that this week Consumer purchases reflect that people are becoming more mobile and social again. They said a growing number of customers have returned to the stores to browse or buy goods they had previously skipped. from new outfits to teeth whitening products.

The CDC’s new public health recommendations earlier this month also led to changes for Americans who have been wearing masks for months. The federal agency said People who are fully vaccinated do not need to cover their face in most indoor and outdoor areas. This caused many retailers and some states, including New York, to drop mask requirements for those vaccinated and adapt to the new policy.

Illinois economic system shrinks 4% in 2020 regardless of 4th quarter progress Leisure, hospitality sectors hardest hit

SPRINGFIELD – The Illinois economy contracted 4 percent in 2020 as the COVID-19 pandemic wreaked havoc in many sectors, although there were signs of a recovery towards the end of the year.

These preliminary figures, released last week by the U.S. Department of Labor’s Bureau of Economic Analysis, showed that the leisure, hospitality and hospitality sectors were hit hardest by the pandemic, seeing economic output declined nearly 30 percent for the year.

This was due to the forced closure of bars, restaurants, theaters, amusement parks and most tourist attractions in the early stages of the pandemic, as well as the cancellation of major conventions and business meetings.

“You look at the different industries, many of which have been affected by COVID, but I don’t think any industry has been as hard hit as hotels and tourism,” Michael Jacobson, executive director of the Illinois Hotel and Lodging Association, said during an interview . “We saw the impact kick in before some people even realized what COVID was because conventions and large-scale meetings were canceled. And unfortunately, the same events that really are the lifeblood of our industry will be some of the last events, which start again. “

According to BEA, real GDP fell in all 50 states and the District of Columbia in 2020. Utah performed best, shrinking 0.1 percent, while Hawaii’s state economy contracted 8 percent. The average contraction rate for the US as a whole was 3.5 percent.

Housing and meal services contributed to the declines in all 50 states and DC, and they were key contributors to the declines in 38 states plus DC

Other industries that suffered in Illinois were transportation and storage, down 14 percent; Non-government services down 12.3 percent; Production down 7.3 percent; Wholesale Down 5 Percent; and retail by 2.3 percent.

The only bright spot in the state’s economy was the agricultural sector, which grew nearly 68 percent year over year. This was largely the result of a bad crop year in 2019, followed by a good one in 2020.

However, if the numbers are broken down on a quarterly basis, the biggest decline in economic output was in the April-June 2nd quarter, when Illinois was under the toughest economic restrictions. The economy began to pick up in the third quarter and grew at an annual rate of 3.5 percent in the fourth quarter.

However, the recovery has not been felt in all sectors and the leisure and hospitality industries continue to suffer.

Jacobson says he doesn’t expect the hotel industry to fully return to pre-pandemic levels by anytime in 2024. The question for his industry is how many hotels could financially survive up to this point in time.

“I mean, you’ve seen some very notable hotel names across the state, with the Palmer House being one of our largest hotels in the state and obviously the most notable one to have been foreclosed,” he said. “But if a hotel this size owned by one of the big real estate investment firms can be foreclosed, imagine how badly the little folks who own most of the hotels in our state are suffering.”

Capitol News Illinois is a not for profit, impartial news service that covers the state government and is distributed to more than 400 newspapers nationwide. It is funded primarily by the Illinois Press Foundation and the Robert R. McCormick Foundation.