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first_imgEarlier this month, Mendoza College of Business seniors Mary Cornfield, Alisha Anderson and Caitlin Crommett launched BlueBucket, an organization that forms partnerships with restaurants to collect donations for local charities.“It had originally come up last semester, and then this semester, I’m in a class called Design & Entrepreneurship … so I’m working on BlueBucket in that class,” Cornfield said. “We keep getting positive feedback from customers and restaurants, so we thought we might as well try it out.”Restaurants participating in the program decide which items on their menu they want to list as BlueBucket items. Then, whenever a patron purchases one of the designated BlueBucket items, a portion of the price is donated to a charity chosen by the customer.Mary McGraw | The Observer “It’s nice to see something we’ve been doing in class actually make it into the community,” Cornfield said. “It’s nice knowing that the products we bring into market is actually helping charities raise money.”Anderson said the creators of the BlueBucket organization envisioned the program as a community-building agent, linking local restaurants and charities. She said BlueBucket is a different kind of fundraiser because of one key element.“BlueBucket is unique in that it incorporates the concept of consumer choice,” Andersen said. “There are lot of fundraising techniques out there — round-up, coin collection, credit card-point donations, etc. — but very few incorporate the idea of consumer choice.”However, the process of launching BlueBucket did not come without its challenges. Cornfield said they underestimated the difficulty of spreading the word about the organization, and Anderson said the process of getting restaurants on board with the program proved to be not as easy as they had predicted.“The BlueBucket concept seems obvious to us, yet to a customer that is walking into a restaurant, it is not so simple,” Andersen said. “We need to make sure the restaurants and their employees can effectively and clearly communicate the idea to the customer.”BlueBucket works exclusively with independent restaurants. Currently, there are five restaurants on board: Sassy’s, Indulgence, Rohr’s (at the Morris Inn), Rein Juicery and Thyme of Grace.Andersen said that from a charitable perspective, she hopes that BlueBucket serves as more than just a fundraiser for the charities involved.“We hope BlueBucket will be able to not only raise money for several extremely deserving local charities but also bring attention to the great work that they do and perhaps inspire community members to get more involved with such charities,” Andersen said.“From a restaurant perspective, we hope BlueBucket serves as a way for restaurants to appeal to millennials and the community at large,” she said.Tags: BlueBucket, mendoza college of businesslast_img read more

first_imgGermany’s pension fund association, the aba, has called for national or European bodies to support the industry’s investment in infrastructure by assessing the risk associated with individual projects.Responding to a report by the European Parliament’s committee on economic and monetary affairs (ECON) report examining the long-term financing of the Continent’s economy, the association said that bodies such as the European Investment Bank (EIB) could potentially support Germany’s occupational pensions (bAV) sector, as they so far had little experience of infrastructure investment and were unlikely to become experts in the “niche area” in the near term.The position paper said: “The new assets in the field of long-term investment require more credit analysis and greater credit-analysis skills than existing assets, such as low-risk securities.”Echoing PensionEurope’s own position paper on European Long-Term Investment Funds (ELTIF), the aba also said it would be helpful if the EIB stepped in and guaranteed certain projects. The call comes shortly after asset manager Mirova suggested that fund managers behind ELTIFs should be bound by a ‘comply or explain’ approach on their socially responsible investment strategy.The aba further called on the Parliament to accept that, if the European Commission were to introduce capital requirements for pension funds – as long proposed through the revised IORP Directive – it should also call for an investigation into the impact of the regulation on long-term investing, similar to the one underway to investigate the impact of Solvency II on insurers.The association also reiterated its dislike of the financial transaction tax, saying it “should be avoided for the bAV sector in general – and not only in regard to long-term investments”.“Reductions in the pensions payable in Germany of an estimated 3-8% as a result of the introduction of the proposed financial transaction tax are not acceptable,” it said.,WebsitesWe are not responsible for the content of external sitesLink to the aba’s position paper on long-term financing of the European economylast_img read more

first_imgPlayers need assurance that they would not face mandatory quarantine upon returning to Europe from the US Open before travelling to New York amid the COVID-19 pandemic.Former world number one Andy Murray made this disclosure in an interview granted in London. Organisers, United States Tennis Association, will set up a strict bio-security “bubble” to minimise the risk of contracting the novel coronavirus during the Grand Slam.The competition is due to be played from August 31 to September 13.The Western and Southern Open, which was relocated from Cincinnati this year because of COVID-19, will also be held in New York from August 20 to 28.It will serve as a tune-up for the hard court Grand Slam.Mandatory quarantine would rule out players’ participation in other ATP and WTA clay court events scheduled in Europe before the French Open from the end of September. The two major clay court events in the lead up to Roland Garros are in Madrid (September 13 to 20) and Rome (September 20 to 27).While Spain does not require mandatory quarantine, Italy will need travelers to quarantine for 14 days if coming from the US.The USTA has said the organisers are working with relevant authorities to resolve issues.“My understanding is that it would be sorted before we go to the US. But things can change in the next 10 to 12 days,” Murray said.“Hopefully before we leave, the players will have the assurances that, when they come back from the US, they won’t have to quarantine for two weeks. “If that is the case, and if you do well in the US Open, you can’t just arrive on the Sunday before the French Open starts on the Monday. That’s not going to work.”The US has over 4.68 million confirmed cases of COVID-19, with more than 155,000 deaths.Murray, a three-times Grand Slam winner, has not played competitively since November due to hip problems.But he took part in some exhibition events recently with the professional circuit shut.RelatedPosts COVID-19: NCAA to revoke erring airlines licence over non-compliance FRSC to Schools: We’ll arrest, prosecute drivers who flout COVID-19 rules Sanwo-Olu: We’re committed to fulfilling promises to Lagosians The 33-year-old said he was willing to take the travel “risk” as he missed playing in big events.“(With)  the situation I’ve been in the last few years, I’ve not had opportunity to play in many Slams. I don’t know how many I’ll have left,” Murray said.“So, while I’m feeling relatively decent … obviously there is a risk there. But I want to try and play in them and enjoy the biggest events again.”Reuters/NAN.Tags: Andy MurrayCOVID-19Quarantine issuesUS Openlast_img read more