U.S. Senate confirms Notre Dame law professor as federal judge

first_imgAfter being nominated by President Donald Trump in May, the U.S. Senate voted Tuesday to confirm Notre Dame law professor Amy Barrett as a federal judge, the Notre Dame Law School announced in a press release Tuesday.Barrett, who will serve as a judge for the U.S. Court of Appeals for the Seventh Circuit, graduated from Notre Dame Law School in 1997 and has been a professor in the School since 2002, the press release said. She was named the Law School’s “Distinguished Professor of the Year” by the students in 2006 and 2016 for her work as a professor of constitutional law, statutory interpretation and in the area of federal courts, the release said.“Amy Barrett has been a beloved teacher and outstanding scholar,” Nell Newton, dean of Notre Dame Law School, said in the press release. “I am confident she will be a wise, fair and brilliant jurist as well.”Barrett’s jurisdiction covers Indiana, Illinois and Wisconsin.Tags: Amy Barrett, Federal judge, Notre Dame Law Schoollast_img read more

Defining and achieving omnichannel ‘consistency’

first_img 19SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Sponsored by D+HWhen it comes to consumer experiences, consistency through every channel is key, right? The best answer to that question may be the dreaded “Yes, but….”Think about it. Does it make sense to squeeze everything that a branch can offer onto your digital channels? Maybe, if it’s your website or your online banking platform, viewed on a laptop/desktop. But what if your member is on a 4-inch smartphone screen? Thinking about it in reverse, you also wouldn’t offer remote deposit capture (mobile deposit) to those accessing their accounts with you via a desktop PC.Not offering every feature through every delivery system isn’t pure consistency, is it? Yet a “consistent” omnichannel experience is still ideal. continue reading »last_img read more

Saudi Aramco to boost output regardless of huge profit drop

first_imgChief executive officer (CEO) of Saudi Arabian oil and gas giant Saudi Aramco has stated that the company would be pressing ahead with its plan to boost output capacity regardless of massive profit drop in 2Q 2020. It is worth noting that Saudi Aramco reported a 73 per cent fall in its second-quarter profit, as lockdowns to contain the coronavirus reduced oil consumption and sent prices crashing to levels not seen in nearly two decades and WTI to negative prices. Saudi Aramco’s previouscapital spending guidance was $40 billion to $45 billion. “We are proceeding with increasing our maximum sustainable capacity from 12 to 13 million barrels”, Nasser said. According to the Saudi Aramco CEO, it should not have a major impact on capital in 2021. “[…] we delivered solid earnings because of our low production costs, unique scale, agile workforce, and unrivalled financial and operational strength. This helped us deliver on our plan to maintain a second-quarter dividend of $18.75 billion to be paid in the third quarter. “We are determined to emerge from the pandemic stronger and will continue making progress on our long-term strategic journey, through ongoing investments in our business – which has one of the lowest upstream carbon footprints in the world”, Nasser stated in the financial report. The company reported a profitof $6.5 billion in the second quarter of 2020 which is a massive drop from the $24.68billion in the same quarter last year.center_img “We are seeing a partial recovery in the energy market as countries around the world take steps to ease restrictions and reboot their economies. Meanwhile, we continue to place people’s safety first and have adapted to the new normal, implementing wide-ranging precautions to limit the spread of COVID-19 wherever we operate. As previously mentioned,the profit fell due to the price of oil during the quarter. Namely, the averagerealized crude oil price for the quarter was $23.4 per barrel while last years quarterhad an average realized crude oil price of $68.4 per barrel. Aramco’s capital spending plan for 2021 will be “significantly lower than previous guidance”, CEO Amin Nasser stated in a call with analysts and investors after the company’s second-quarter results. In the second-quarter report, the company said that it expected capital expenditure for 2020 to be at the lower end of a $25 billion to $30 billion range. According to an articleby Reuters, Saudi Aramco is moving ahead with plans to boost crude outputcapacity by 1 million barrels per day (bpd) to 13 million bpd despite cuts incapital expenditure this year and next year.last_img read more